Seeds of Wisdom RV and Economic Updates Saturday Afternoon 10-19-24

Good Afternoon Dinar Recaps,

GLOBAL DEBT WILL SHATTER $100,000,000,000,000 THIS YEAR AS GOVERNMENTS PREPARE TO INCREASE SPENDING, WARNS IMF

The International Monetary Fund (IMF) is sounding the alarm on skyrocketing levels of debt held by governments around the world.

In its newest Fiscal Monitor Report, the IMF says global debt is expected to surpass $100 trillion by the end of the year.

That’s up from $97 trillion a year ago, with the United States accounting for about half of the $3 trillion increase.

The IMF says government debt is expected to reach about 93% of global gross domestic product by the end of this year and will approach 100% of GDP by 2030.

The report argues countries should confront their debt risks now, while interest rate reversals give lawmakers space to implement fiscal tightening measures.

“With inflation moderating and central banks lowering policy rates, economies are better positioned now to absorb the economic effects of fiscal tightening.

Delaying would be both costly and risky, as the required correction grows as time goes by; and experience shows that high debt and lack of credible fiscal plans can trigger adverse market reaction, constraining room to maneuver in the face of turbulence.”

The report also highlights the difficulty in truly identifying all government obligations, warning debt forecasts are often overly optimistic.

The IMF says its “debt-at-risk” model suggests that in a severely adverse scenario, global public debt could surge to 115% of GDP within three years due to the potential for weaker growth amid tight financial conditions and other factors like unforeseen policy changes.

Despite the risks, the IMF says government spending is actually set to increase.

“Previous IMF research has shown that fiscal discourse across the political spectrum has increasingly tilted toward higher spending.

And countries will need to increasingly spend more to cope with aging and healthcare; with the green transition and climate adaptation; and with defense and energy security, due to growing geopolitical tensions.”

Earlier this year, the UN also called for “urgent reforms” to the international financial system to address the concerns over surging public debt, which it referred to as a “growing burden to global prosperity.”

@ Newshounds News™

Source:  DailyHodl

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KENYA IMPLEMENTS REAL-TIME CRYPTO TRACKING FOR BETTER TAX COMPLIANCE

▪️The KRA’s new system will integrate with crypto platforms to track real-time transactions, aiming to curb tax evasion and fraud.

▪️Kenya plans to use AI and machine learning to enhance tax compliance and recover lost revenue from the growing crypto market.

Tracking crypto transactions in real-time is something the Kenya Revenue Authority (KRA) is doing in big measure. This action is meant to solve the rising tax losses in the nation resulting from ineffective monitoring of the developing crypto market.

Given Kenya’s crypto sector’s projected Ksh 2.4 trillion in transactions between 2021 and 2022—about 20% of the country’s GDP—a more strong tax collection mechanism becomes absolutely vital.

Real-Time Tracking for Crypto Transactions to Enhance Tax Compliance
To gather important transaction data, including the time, date, and value of every operation, the new tax system will interface with crypto markets and exchanges.

Preventing tax avoidance and making sure all income connected to cryptocurrency is taxed in line with Kenya’s Income Tax Act are the main goals of the KRA.

Though organizations like the Capital Markets Authority or the Central Bank of Kenya mostly control them, profits from cryptocurrency transactions are legally taxable.

This legislative change coincides with the growing popularity of cryptocurrency in Kenya, despite not being as common as other financial innovations like mobile money.

Mostly because digital currencies have cheaper fees and simplicity of cross-border money transfers than conventional banking systems, many people utilize them to save money, send remittances, and make overseas purchases.

But because of their distributed character, cryptocurrency have also drawn appeal to people engaged in illicit operations such as money laundering and fraud.

Apart from real-time tracking, the KRA intends to improve tax compliance using artificial intelligence (AI) and machine learning technologies. These technologies will enable the authority to identify fraudulent behavior and maximize resource allocation, thereby perhaps recovering billions of tax-lost income.

The KRA has a larger reform agenda, including this technical makeover to modernize its systems and raise general tax collecting efficiency.

Simultaneously, comparable initiatives are under progress abroad. For instance, as we previously highlighted, Italy has suggested taxing crypto’s capital gains between 26% and 42%.

This action might fundamentally change the scene of European crypto investment since it will force investors to look for better tax conditions outside than Italy.

Aiming to support the expansion of its digital currency industry, Japan’s Financial Services Agency (FSA) is also contemplating a uniform 20% tax on crypto transactions, according to CNF.

@ Newshounds News™

Source:  Crypto News Flash

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🌱 SILVER VS GOLD AND WHAT ABOUT COPPER? | Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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🌱AUDIO WHAT WAS SAID ABOUT NESARA? BANKING TO WHO ARE YOU? GREAT REPLAY IF YOU MISSED THE CALL |  Youtube

YOU MISSED THE CONSTITUTION CALL LAST NIGHT?  You can still hear it here!  Click the Youtube link above!

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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6 Wealth-Destroying Mistakes People Make Every Day Without Knowing It

6 Wealth-Destroying Mistakes People Make Every Day Without Knowing It

Nicole Spector  Fri, October 18, 2024   GOBankingRates

When we think about wealth, we tend to think mostly about building and maintaining it. But we need to look at the other side of the equation, too: losing wealth. It’s easier to do than you think, and you could be losing wealth regularly with no idea that you’re doing so.

GOBankingRates spoke with financial experts to learn about wealth-destroying mistakes people make every day, without even knowing it.

Not Monitoring Expenses

Got an iron-clad budget in place? Great! But are you also meticulously managing and monitoring your daily expenses? If not, you’re likely losing wealth.

“Many misjudge their expenses or don’t keep an eye on their spending patterns,” said Steven Kibbel CFP, ChFC, CLU, senior editor at InternationalMoneyTransfer.com. “The ‘leak’ may impede attempts to increase wealth. You may reduce wasteful expenses and increase your savings by keeping a close eye on your spending and developing a thorough budget.”

Holding Too Much Cash

It’s crucial to have liquid cash easily available in the event of an emergency, but it’s important not to store too much cash in a savings account, even if it’s generating interest. By keeping too much of your savings in cash, you’re losing money in the long run.

“You’re not only missing out on a huge opportunity to invest and grow your money but you are also allowing your money to erode in value over time relative to inflation,” said Carla Adams, founder and financial advisor at Ametrine Wealth.

“Certainly you should keep a portion of your money in cash (an emergency fund should typically be about 3-6 months of your living expenses), but long-term savings should get invested in stocks and/or bonds.”

Yes, investing in the stock market does come with risks, but there are ways to go about it so you still come out on top.

“Investing in the stock market may seem incredibly risky — and it can be if you’re investing in individual stocks — but if you invest in broad index funds, you can expect an average return rate of about 10% per year,” Adams said. “Short-term market fluctuations can be huge at times; but, for long-term savings, the risk you take on will pay off and your money will double roughly every seven years if you’re invested in an all-equity portfolio.”

Making Just the Minimum Monthly Payment on Credit Cards

TO READ MORE: https://finance.yahoo.com/news/6-wealth-destroying-mistakes-people-130115750.html

Economist’s “News and Views” Saturday 10-19-2024

Europe Is Plunging and the U.S. Economy Is Next - This Time China Won't Help

Sean Foo:  10-19-2024

The ECB just did another emergency rate cut, front-running the Federal Reserve again. This isn't a sign of confidence, it shows the EU is desperate to save their economy.

However, this isn't solving the structural and geopolitical issues. Manufacturing costs are far too high and even China's stimulus won't save them. Here's what you must know.

Timestamps & Chapters:

 0:00 EU Big Emergency Rate Cut

3:02 Europe's Economy Structural Collapse

5:53 China Stimulus Won't Save The West

8:47 Beijing's Money Only For Local Industries

 11:47 Europe's Only Winning Move

https://www.youtube.com/watch?v=KZmJ1N2fcdU

BRICS Summit 2024: Digital Currencies Blockchain Platform, Focus on Infrastructure, BRICS Bank Role

Lena Petrova:  10-19-2024

https://www.youtube.com/watch?v=rYcf2UBad1c

15 Signs Everyday Americans Are About To Break Financially

Epic Economist:  10-18-2024

In 2024, tens of millions of Americans are going completely broke, and millions more are just barely scraping by, new data shows.

You've probably noticed that the value of our money isn't the same anymore. In fact, the dollar has lost 95% of its purchasing power since the 70s.

But recently, that decline has become even more pronounced. Today, households don't have enough money coming in, but bills are piling up.

That's why debt levels are rising astronomically while people's savings accounts are running dry, which is putting thousands of U.S. banks at increased risk of failure.

When the U.S. consumer isn’t in a healthy financial shape, bad things tend to happen. And now, conditions are eerily similar to what we experienced during the run up to the Great Recession.

 With higher living expenses and tighter access to credit, families and individuals in the U.S. are being hit from all sides.

The following facts we compiled for you in this video are going to be an eye-opener about the current state of the U.S. economy and the challenges we are all facing. Without further ado, Here are 15 Signs That Everyday Americans Are About To Break Financially.

https://www.youtube.com/watch?v=20IXWM4AUDk

Weekend News With MarkZ 10-19-2024

Weekend News With MarkZ

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

GOOD MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Good Morning Mark, Mods and my Patriot Family

Member: Rod Steele said yesterday that the HCL/WTO ascension is all done

MZ: I also think it’s all done…..except for announcements….those announcements are very important.

MZ: “Financial Advisor: Increasing iraq’s share in the International Monetary Fund is a step to enhance the stability of the dinar”   This is a big piece and now we are starting to feel that effect. It is increasing the stability and the prominence of Iraq. The dinar is becoming a “Special Drawing Rights “ (SDR) Currency ….and recognized worldwide.

MZ: “Stability in dollar exchange rates in Baghdad, Basra and Erbil”  Now that Erbil and the Kurdistan region is “playing ball” the stability of the rates are balancing.

MZ: “Iraq to build longest submerged tunnel in the Middle East” Iraq is boosting trade routes and becoming a hub ….they are going to be able to greatly increase oil exports.

Member: How are you feeling about the RV Mark?

MZ: I am still feeling warm and fuzzy

Member: When I feel warm and fuzzy- I take a shower…lol

MZ: I do know of a couple of wealth managers/redemption folks working over the weekend. They do not think we will be doing exchanges this weekend….but do think it is in the very near future.

MZ: I have not heard anything new from CMKX or any individual currency.

Member: Perhaps the (RV) is tied to this upcoming Brics meeting?

Member: The big BRICS meeting starts Tuesday I believe. I think it’s going to be BIG

Member: when do you think forex will have a live rate

Member: Bruce says Monday we will get the toll free numbers. Tuesday we will be exchanging

Mark, Jen was saying she feels 4b will happen this coming week. What do you think Mark?

MZ: I think there is an excellent chance we could go this week. Bond contacts are expecting massive movement this week. Mid week about Wednesday or so. But nobody knows the exact timing.

Member: so when we exchange – will we get old fiat money or new asset backed money???

Member:IMO- when we exchange our currency we will exchange to the USTN not the USD fiat which is dead.

Member:  I believe we're waiting for the public announcements of the USTN and the QFS.

Member: Got a call yesterday from PNC Bank. Sent it to voicemail. Will call next week and poke and prod for answers about wealth management.

Member: You’re watching amazing progress happening...more than ever...hang in there...Our Worldwide RAINBOW is AHEAD

Member: I wish everybody a great weekend!

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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

MR. C WILL BE JOINING MARK ON MONDAY MORNING AND ALSO ON HIS NORMAL FRIDAY!

Youtube:     https://www.youtube.com/watch?v=Z9_as2iYRUc

MilitiaMan&Crew News Reporting - Iraq Dinar Updates - Exchange Currency

MilitiaMan&Crew News Reporting - Iraq Dinar Updates - Exchange Currency

10-18-2024

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?app=desktop&v=1A2N8HNWECo&si=mMIDhJ42K1xQQPPm

Iraq News Highlights and Points To Ponder Saturday AM 10-19-24

Among Them Are Exchange Rates.. The Most Prominent Advantages Of Increasing Iraq’s Share In The International Monetary Fund

Money and business   Economy News – Baghdad  The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that increasing Iraq's share of the international monetary fund is a step to confront economic challenges and stabilize the dinar, while he pointed out that it is a tool against exchange rate fluctuations and inflation problems and to enhance investors' confidence in the Iraqi economy.

Saleh told the official agency, which was followed by "Al-Eqtisad News", that "Iraq maintains a reserve of gold within its foreign reserves, and it is part of the official reserves of the Central Bank of Iraq, as monetary gold is a means of supporting the value of the Iraqi dinar and achieving the desired economic stability."

When inflation rises and the value of foreign currencies falls, the price of gold usually rises, so gold is a hedge against inflation or currency devaluation. It is also a type of long-term investment and contributes to diversifying the country’s sovereign investment portfolio, because it is originally stable compared to currency volatility,” he added.

 He continued: "Our country holds about 150 tons of gold, which constitutes a percentage of the country's foreign currency reserves. This reserve is managed in accordance with the guidelines issued by multilateral international financial organizations. It represents a hedging tool and a safe and appropriate haven, as it is an important part of the national currency cover."

 He pointed out that "the monetary authority in our country has sought in recent years to increase its gold reserves, in order to confront economic challenges and ensure the stability of the Iraqi dinar."

He explained that "gold remains a protection tool against fluctuations in exchange rates and inflation problems, and it also contributes to enhancing investors' confidence in the Iraqi economy."

Earlier, the Council of Ministers approved increasing Iraq's share in the International Monetary Fund by the equivalent of (831,900,000) SDR, or the equivalent of (1.45025127) trillion dinars, according to the exchange rate on October 8, 2024, provided that the amount of the increase is included in the allocations for the year 2025, and that the proposed increase will lead to an increase in Iraq's share in the International Monetary Fund by 50% of the previous share, and to an increase in Iraq's voting power.    https://economy-news.net/content.php?id=48887

Holidays In Iraq... 34 Trillion Dinars In Losses!

2024-10-18 Source:   Sumerian    Holiday file... 34 trillion dinars in losses for the country due to official and unofficial holidays

In addition to the official weekends, the days of the year are crowded with additional holidays, of which the fixed ones amount to sixteen days, and the emergency ones exceed twenty days, thus reaching one hundred and forty days annually.  What did the concerned parties reveal to Sumaria?   LINK

Trade: These Are The Reasons For Postponing The (48) Session Of The Baghdad International Fair / Expanded

Friday 18 October 2024 11:53 | Economic Number of readings: 65  Baghdad / NINA / The Ministry of Trade revealed the reasons for the Prime Minister's approval to postpone the (48) session of the Baghdad International Fair to February 2025.

The ministry stated, in a press statement today, Friday, that "the request to postpone the session came as a result of the circumstances the region is going through as a result of the Zionist entity's attacks on the countries of Lebanon and Palestine and their people."

It added, "The sessions of the Baghdad International Fair are of great importance as they are Iraq's economic gateway to attracting countries and companies to display their products and identify the needs of the Iraqi market, and find partnerships with Iraqi sectors to enter into investment projects in various fields."

The ministry explained that "through the Iraqi Exhibitions Company, it will announce the exact date for the 48th session in the event that it is confirmed and all preparations are completed." https://ninanews.com/Website/News/Details?key=1162879

Iraqi Oil Prices Continue To Decline For The Fifth Consecutive Day

Economy |Today,Baghdad Today - Follow-up   Iraqi oil prices fell today, Friday (October 18, 2024), on the fifth day of trading, after exceeding the $77 per barrel barrier at the end of last week's trading.

According to data reviewed by "Baghdad Today", Basra Heavy crude recorded $69.77 per barrel during today's trading, while the average recorded $72.92 per barrel, with a change rate of -0.37, respectively.

The data also showed a rise in global crude prices, as British Brent crude recorded $74.64, while US West Texas Intermediate crude recorded $70.96 per barrel, by 0.30+ and 0.30+. Source: "Baghdad Today" + websites.   LINK

The Government Intends To Proceed With A New Licensing Round For Iraqi Gas.. What Will It Add?

Posted On 2024-10-18 By Sotaliraq   The government is planning two new rounds of licensing in the energy sector, with the aim of stopping gas flaring and achieving self-sufficiency to operate power plants that are experiencing an increasing need for fuel, in light of the challenges of Iranian gas outages, financial payment problems due to US sanctions, and the increasing demand for energy.

Last August, the Council of Ministers approved the contracts for the fifth and sixth supplementary licensing rounds, amounting to 14 projects for final signing and direct activation.

Member of the Parliamentary Oil and Gas Committee, MP Basem Al-Gharibawi, said, “The coming period will witness a fifth licensing round, most of which will be granted to border oil and gas fields, while the sixth round will focus largely on gas fields.”

Al-Gharibawi added, “There are 15 fields, most of which are in the western region, that have not been referred to any party during the previous two rounds, and thus more than one new round may be held in order to refer them for investment, due to Iraq’s urgent need to invest in gas due to the problems of electricity that depends on Iranian gas, which is cut off due to Tehran’s need for it at times, and at other times due to the inability to pay the debts resulting from the US sanctions imposed on it.”

He explains the reasons for the government’s move towards investing in gas, with “the renewed urgent need for it as a result of the scarcity of Iranian gas during peak times, which prompts the Ministry of Oil to use kerosene fuel oil as an alternative, which created a crisis at gas stations for vehicles,” noting that “the Ministry of Oil is ultimately making efforts to market the remaining gas fields to international companies through the Minister’s travels to the United States and European countries, during which he extended invitations to companies.”

The member of the parliamentary committee continues, “The targeted governorates in the upcoming licensing rounds are the governorates of western Iraq that were not included in the rounds by submitting applications for their fields, so they remain without referral, and efforts during the coming period are focused on the necessity of referring them and investing them in the best possible way.”

The fifth and sixth supplementary rounds were launched in Baghdad between May 11-13, in the presence of Prime Minister Mohammed Shia al-Sudani, where 22 companies from all over the world competed for them, including no American company, while Chinese companies and one Iraqi company won their contracts, with different profit percentages after investment expenses that reached 30 percent.

It is noteworthy that Iraq is distinguished by its location among the most important strategic regions in the global oil and gas industry, due to its important strategic geography and huge reserves of natural resources, which provide it with distinct opportunities for investment and development in this vital sector.

For his part, academic and oil specialist, Govind Sherwani, believes that “what remains of the fifth and sixth licensing rounds are 15 investment opportunities, including 10 gas exploration blocks that were presented by the government delegation that recently visited the United States of America to major American companies,”

 indicating that “the new rounds will focus largely on investing in natural gas, which has not received the attention it deserves for two decades, despite being a huge wealth that is equal to oil in its industrial importance and the fields of energy and fertilizers, and Iraq has a large reserve of it, as the reserve is estimated at 143 trillion cubic feet, and a lot of free gas is still not invested, and the associated gas continues to be burned in the oil fields, which is a wealth estimated at millions of dollars that is being wasted.”

Sherwani criticizes the previous rounds’ focus on “oil, and the lack of interest in gas and its huge reserves, which place Iraq in 13th place in the world, so it continues to burn and waste despite all the efforts of the Ministry of Oil to invest 65 percent of it, and the remaining 35 percent is burned at a time when it should be fully exploited to stop imports from Iran or distant Asian countries,” explaining that “the total investment in gas will make Iraq self-sufficient within four to five years, after which the surplus will be exported to Western European markets, which have been cut off from natural gas, causing its prices to rise three or four times as much as a result of the Russian-Ukrainian war.”

He attributes the delay in referring these oil and gas fields so far to “the fact that they are less attractive than their predecessors, due to the lack of full security of the border areas, in addition to the lack of infrastructure in some of them, such as transportation lines and logistics, or the fact that they are not promising large quantities of gas and oil, because each company receives a bag of information about the investment opportunity to study it before submitting its offers.”

He points out that “the ministry adopted, in the two previous rounds, a new formula for contracting with investors, represented by profit sharing, and not through previously approved service contracts, which may achieve greater profits and benefits for companies in the event of a rise in global oil prices.

Therefore, the ministry’s introduction of this system in the licensing rounds came to strengthen the methods of attracting companies, which led to a local company also obtaining two or three investment areas, which means that some local companies have reached advanced levels in investing in oil projects.”

The academic specializing in oil notes that “the ministry has not yet succeeded in resolving the issue of exporting oil from the Kurdistan Region, despite a year and a half having passed since the suspension, in the absence of technical, financial and administrative solutions with the Ministry of Wealth in the region and foreign companies working in production and transportation, which has led to significant damage exceeding $16 billion so far at a time when it can be invested as a useful outlet for oil with the instability of oil shipments through the Red Sea and Suez to importers in Western Europe and North America.”

“The Turkish port of Ceyhan can be the best option for exporting Iraqi oil to these western regions. Its importance lies in increasing export outlets to Iraq to avoid any crises that may occur in other export regions, which means the continuation of exports with stability and complete security at all times,” he added.

It is noteworthy that Iraq took six years to prepare for the licensing round that was held in the middle of this year 2024 after conducting several workshops for companies and reviewing the type of contracts by changing the percentage of ownership and the companies’ share of the profits from investments in these fields.

Oil Minister Hayan Abdul Ghani had anticipated the licensing round by expecting that the investments in the two licensing rounds would increase by up to three billion cubic feet of gas, contributing to putting an end to the chronic energy problem.

For his part, academic and energy researcher Bilal Khalifa explained that “the delay in not exploiting the fields that were not referred in the fifth and sixth rounds is a loss, because the companies that operate these fields in the previous rounds have begun to extract oil without exporting it from them,” indicating that “two of the six fields, namely Anjana-Khashm Ahmar and Kalabat-Kamar, are gas fields, and Iraq is in great need of gas.”

Khalifa explains that “four of the six fields, which are border fields, are considered oil fields, and their exploitation by investment companies must be accompanied by exports from the fields.

Otherwise, Iraq will pay profitable fees despite not exporting oil if OPEC does not raise Iraq’s share, which amounts to about four million and 400 thousand with the region,” noting that “Iraq signed the licensing contracts in 2009 and now 14 years have passed, and it is supposed to have sufficient experience now in managing the fields with the professionalism of foreign companies.”

He notes that “if it is not possible to allocate funds from the federal general budget, it can resort to borrowing as international oil companies do to avoid the great waste of public money, especially since the Ministry of Oil announced about a month ago the establishment of the Oil Services Company, and it would have been better to put among its first tasks the management and operation of those fields.”

He added, “The Emirati Crescent Company, which recently won three contracts, also has contracts in the region, which violate the constitution, while the Federal Court previously ruled that the government should not deal with any company that has dealings or contracts with the region. As for the Chinese company Geojiad, it is small and unknown,” calling for “dispensing with companies from neighboring countries, because it involves caveats, and replacing them with international companies.”

Khalifa advises that “the Ministry of Oil should take the middle path of expediting the exploitation and operation of these border and gas fields for the reasons explained above, but not with foreign companies, but with national effort, while giving the operating authority for these fields broad powers like the powers of foreign companies and freeing it from the restrictions of instructions and controls.”

He points out that “the recent licensing rounds failed to refer the gas fields, just as they failed to refer the border fields, in light of Iraq’s inability to meet the needs of its power stations for generation,” stressing “the need to limit the upcoming rounds to gas only, otherwise they will be useless. Iraq’s offshore fields should also be included with the Gulf because the parties adjacent to them are exploiting them without benefit to Iraq.”

He points out that “the world is moving towards renewable and clean energy, and estimates say that the use of oil will decrease after 2060, and therefore we need to exploit oil before its value decreases, at a time when Iraq needs more revenues, and its economy is rentier and depends on oil revenues.”

Regarding the negatives of the licensing rounds, he believes that “the current government’s statement in announcing the imminent celebration of the signing of the fifth licensing round contracts is for gas, and it would have been better to pay attention to the fields of the third licensing round, especially the Akkas gas field, whose production is greater than the two gas fields combined, to be an alternative to extending a gas pipeline from Baghdad to Anbar, and the loss would be doubled.”

It is noteworthy that the oil sector’s imports represent more than 94 percent of Iraq’s GDP, which is the second largest country in burning natural gas in the world after Russia, with losses estimated by the government at about six billion dollars annually, as the Sudanese Prime Minister is counting, during the launch of the latest licensing, on the country obtaining about 3,460 million standard cubic feet of gas and more than one million barrels of oil per day, in addition to increasing investments in the targeted governorates.  LINK

Seeds of Wisdom RV and Economic Updates Saturday Morning 10-19-24

Good Morning Dinar Recaps,

CARDANO SET FOR PERFORMANCE BOOST: HOSKINSON BACKS PROPOSAL FOR COMPOSABILITY AND MULTI-TOKEN FEES

▪️Cardano aims to evolve with a developer proposal to address user “Intent.”

▪️Chang Hardfork and other upgrades complement Cardano’s evolution.

Charles Hoskinson, founder of the Cardano blockchain, has pledged support for a recent proposal to elevate the network’s performance. The proposal specifically focuses on introducing a tool to allow users to pay transaction fees with various tokens besides ADA.

Developer Puts Forth Key Cardano Proposal
Earlier this week, core developer Andrew Westberg proposed tackling prolonged issues on the blockchain. This proposal could alter Cardano’s approach to managing transactions and smart contracts. Westberg’s proposal revolves around the concept of intent related to Cardano’s eUTxO (Extended Unspent Transaction Output) model.

The developer explained on GitHub that many blockchain users often submit transactions without fully specifying all the details. He cited an example using market orders, where users do not specify the exact price they are willing to pay for an asset. This leaves the price open for another system to determine.

These incomplete or partial actions, often called “intents,” present challenges, especially in Cardano, which is known for its strict rules and deterministic nature. Unlike Ethereum, where smart contracts can change a transaction’s outcome during confirmation, Cardano’s protocol requires all transaction details to be disclosed upfront.

This approach ensures the predictability and security of the blockchain platform. Westberg, however, noted that it restricts flexibility, particularly in circumstances where non-determinism, the capacity to change transaction details in real-time, is desired.

Westberg proposed developing a system that allows users to express their “intent” to bridge this gap. He also proposed having the network match and fulfill these intents efficiently, whether on-chain or off-chain. This would make the process more flexible and user-friendly while maintaining the security that Cardano is known for.

In an X post, Westberg urged the protocol developers to prioritize the proposal as it gives the community composability and BabelFees.

“It allows the eUTxO model to shine and pack the hell out of transactions with tons of useful work,” Westberg added.

It is important to note that the Babel Fees feature enables users to pay transaction fees using various tokens, not just ADA. In response to Westberg’s post, Hoskinson commented, “Andrew is correct. It’s a long overdue enhancement that will massively improve Cardano.”  

His endorsement emphasizes the importance of the proposed enhancements for the protocol’s future development.

The Focus on Ecosystem Upgrades
Meanwhile, Westberg’s proposal follows several ecosystem developments implemented by  Cardano. For instance, Cardano unveiled new releases to the Hydra scaling solution in April.

CNF reported that the new version supports cardano-node v.8.9.0 and integrates the Conway block format. Hydra, Cardano’s layer 2 scaling solution, aims to increase transaction speed by offering high throughput, low latency, and the lowest costs.

Subsequently, the blockchain unveiled the Ouroboros Leios consensus mechanism and the Chang hard fork upgrade. The Ouroboros Leios upgrade, which was recently launched, helped Cardano enhance transaction efficiency and scalability, as noted by CNF. On the other hand, the Chang hard fork upgrade introduced Cardano to decentralization governance.

Overall, these advancements, including Westberg’s proposal, are anticipated to strengthen Cardano’s position as a leading blockchain platform.

@ Newshounds News™

Source:  Crypto News Flash 

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CRYPTO EVENTS TURN TO REGULATION AND POLITICS AS US ELECTION LOOMS

Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election.

With less than a month until the people of the United States decide who will represent them in the House of Representatives, Senate, and the Presidency, some crypto events seem to be focused on regulation and politics.

Attending the Permissionless III conference in Salt Lake City, Utah, and Ripple Swell in Miami, Florida, in October, Cointelegraph noted that many panels included takes from high-level executives on their predictions for what would happen in the November race between Democrat Kamala Harris and Republican Donald Trump for the US presidency, and what the outcome could mean for the industry in 2025.

Whether the topics of discussion initially focused on regulation or included stablecoins or Bitcoin participants suggested that digital assets had become more of a mainstream issue in US politics in 2024 in a way never before seen.

“Every single panel is talking about regulations,” Ripple’s head of US public policy, Lauren Belive, told Cointelegraph at Swell on Oct. 16, adding:

“We’ve seen a much broader swath now of policymakers really interested in the nuances of this technology.”

The crypto industry has made several inroads in 2024 compared to the US midterms in 2022 or the 2020 elections. During Trump’s presidency from 2017 to 2021, he referred to Bitcoin as based on “thin air,” also calling the cryptocurrency a “scam” after leaving office. Both major party candidates have since made statements suggesting they intend to support the industry if elected.

“I do think there’s a frustration and a sense that this is technology, and technology shouldn’t be a political issue — it’s become one in the United States,” Fireblocks head of legal and compliance, Jason Allegrante, told Cointelegraph. “I think that’s why people are now being much more vocal about what the potential impact of this election is.”

Crypto wins regardless of the outcome?

While regulation has always been a concern for many in the industry, the number of lawmakers and policymakers willing to discuss digital assets — including at crypto-focused events — seems to be increasing.

Trump gave a keynote speech at the Bitcoin 2024 conference in Nashville, Tennessee. Several presidential candidates and lawmakers also spoke at the North American Blockchain Summit in 2023, which will resume after the US Election on Nov. 5.

“We’re going to be starting [in 2025] with the most educated Congress we’ve ever had because we have so many first-time candidates who are coming in with positions on crypto,” Blockchain Association CEO Kristin Smith said at a Permissionless panel on Oct. 9.

Coinbase chief policy officer Faryar Shirzad added at a different panel on Oct. 11:

“Regardless of what happens in the elections, we will have a very significantly advanced debate around the crypto issues and a very large cohort of members of the House and the Senate […] who will now come in with brand new pro-crypto voices.”

Prediction platform Polymarket, at the time of publication, put Trump at a 60% chance of winning the US Presidency over Vice President Harris.

The Kalshi marketplace, which began allowing bets on US elections after winning in court against the Commodity Futures Trading Commission, put Republicans’ odds of winning control of the House, Senate, and the Presidency at 42% at the time of publication.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

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@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Thank you Dinar Recaps

News, Rumors and Opinions Saturday AM 10-19-2024

From Recaps Archives

Daz:   ITS EASY TO BELIEVE IN JUST THE FACTS 

I SUSPECT MUCH OF THE STUFF WE HAVE HEARD FROM ALL OVER THE NET OVER THE YEARS CONTAINS AN ELEMENT OF TRUTH..SOME MORE THAN OTHERS OF COURSE.

I DETERMINED LONG AGO THAT THERE HAVE BEEN VERY FEW DELAYS IN THE PROCESS. BUT THERE HAVE BEEN A LOT OF COURSE CORRECTIONS AND FALSE STARTS...AND THE RV WAS EVEN USED AT TIMES AS A TOOL TO PRY OPEN A FAULT OR WEAK SPOT THAT NEEDED REPAIR OR ARREST.

WITH ALL PROCESSES YOU MUST SET GOALS AND THOSE GOALS ARE MARKERS TO MEASURE PROGRESS TOWARDS A FINAL SUCCESSFUL RESOLUTION. SOMETIMES THOSE GOALS ARE HIT...AND SOMETIMES THEY ARE MISSED...BUT EITHER WAY YOU ADAPT, ADJUST AND TRY TO NAVIGATE A NEW OR MORE SUCCESSFUL PATH TO THE END OF IT...ULTIMATELY, IT IS JUST A PROCESS.

I ALWAYS GO BACK TO A SINGLE PIECE OF INFORMATION THAT IN PART, SHOWS CLEARLY A FEW SIMPLE FACTS. AND FOR ME, ITS THE FOUNDATION OF MY CONFIDENCE AND TRUST.

WITH THAT SAID, LETS LOOK AT WHAT WE "KNOW".
__________________________________

 IRAQ HAS ALWAYS BEEN A WEALTHY, RICH CULTURE WITH A STRONG HERITAGE AND SIGNIFICANT HISTORY.

IRAQ ALWAYS HAD AMPLE RESOURCES AND A STRONG ECONOMY... IN ITS OWN RIGHT.

THEIR MONEY ALWAYS HAD VALUE, HISTORICALLY AND CONSISTENTLY.

DUE TO PRESSURES TO ENACT A LIBERATION OF IRAQ AND EFFECT A REGIME CHANGE...A COALITION OF NATIONS "TURNED OFF THE MONEY (DINAR)" AS PART OF A WAR EFFORT AND STRATEGIC ASSAULT TO DEBASE THE FINANCES OF REVOLT, RESISTANCE AND INSURGENCY AGAINST THAT CHANGE IN 2004.

THERE WAS, AND STILL IS, A PLAN TO GIVE REBIRTH AND REVITALIZE THAT ECONOMY, INFLUENCE THAT CULTURE AND, EVENTUALLY EMBRACE IRAQ, ITS PEOPLE AND THEIR WEALTH AND TRADE INTO THE GLOBAL ECONOMIC FOLD.

AND, WHEN A SATISFACTORY CONDITION AND ALIGNMENT OF ALL THE VARIOUS INTERESTS AND POWER STRUCTURES INVOLVED HAVE REACHED A POINT OF REASONABLE SATISFACTION THAT THEIR INTERESTS AND GOALS ARE MET...  THEY WILL JUST AS SIMPLY.... "TURN THE MONEY BACK ON".

IT WILL ALL COME TOGETHER WITH A PUBLIC RELEASE AND PERMISSION FOR ALL OF US TO EXCHANGE IN ANY MANNER WE WANT, ALMOST ANYWHERE WE WANT...AND IT WILL BE A SAFE, ORGANIZED, ULTIMATELY FAIR AND REASONABLY SIMPLE BUSINESS TRANSACTION.

HANG IN THERE BUT...KEEP LIVIN'.

WE'RE READY WHEN THEY'RE READY.

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

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

Bruce   [via WiserNow]   ...the Iraqi dinar... we're hearing now it's either going to be on the forex with a new rate, either Friday night...or Sunday night. My bet is Sunday after the Forex comes back up after having been turned off or closed for 48 hours, which is typical every weekend, from five o'clock Friday to five o'clock Sunday, it's down. It's down so that they can reconcile accounts on forex...The word was get ready for the weekend. 

Pimpy  What is Iraq's Hydrocarbon Law?  ...Iraq Hydrocarbon Law also known as Iraq's oil Law is aimed to create a legal framework for the management of oil production and revenue sharing amounts various stakeholders in Iraq...Stakeholders are the Iraqi government, the companies that are involved, the different provinces, the different governments... Remember you got some very corrupt politicians, if they had it their way, they'd keep it all for themselves but the money is going to be distributed based on the per capita of each province.  That makes it a lot more fair...Each territory is going to decide what they want to do with their version of the funds.

BRICS Pay Card Is Here (+Demo!): BRICS Successfully Launches New Payment Card Ahead of 2024 Summit

Len Petrova:  10-18-2024

https://www.youtube.com/watch?v=9AleNK3u9Og

NEW 2024 Fake | How to Spot The NEW Fake Zimbabwe 100 Trillion Dollars Banknote

Banknote World: 

Fraudsters will attack any banknote or product where they think they can make money and get away with their crime.

With the high collector value of the Zimbabwe 100 Trillion banknotes, counterfeiters have tried to produce and pass NEW 2024 Fake Zimbabwe 100 Trillion banknotes.

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

“Tidbits From TNT” Saturday Morning 10-19-2024

TNT:

Tishwash:  Iraq signs gas supply agreement with Turkmenistan

Minister of Electricity, Eng. Ziyad Ali Fadhil, signed an agreement with Turkmen Minister of State for Gas Affairs, Maqsad Babayev, to supply Turkmen gas to power plants in Iraq.

The Minister of Electricity said, according to a statement by his media office: "With the full support of Prime Minister Mohammed Shia al-Sudani, we signed today an important agreement with Turkmenistan to supply 20 million cubic meters of gas per day, which will contribute to the operation of all our gas stations to ensure the national network."

He added: "Turkmen gas will be transported to Iraq via the Iranian pipeline network, according to the swap mechanism in cooperation with the Swiss company (Loxstone Energy)."

He pointed out: "The signing of the agreement was the culmination of intensive technical efforts that extended for more than a year, including multiple meetings and mutual visits, and the signing of a memorandum of understanding last year."  link

Tishwash:  A new law to reform the Iraqi economy.. Will it achieve aspirations? 

The economic system in Iraq faces increasing challenges that require firm legislative measures to reform the current situation and achieve a qualitative shift in the national economy. In this context, a new law is being prepared within the Council of Representatives, which is expected to be voted on in the coming period.

The law, which was referred to the parliamentary economic committee months ago, covers all economic aspects of the country, and several workshops have been organized in cooperation with businessmen, industrial experts and economists to ensure a comprehensive discussion of its provisions and to identify the points that should be focused on in the final amendment of the law.

The committee’s deputy chairman, Yasser Al-Husseini, said: “The law reached the House of Representatives in general and the Economic Committee in particular months ago, and it includes all laws that include the economic aspect.”

He added, “The committee held many workshops at all levels, whether for businessmen or industrial and economic experts,” stressing that “the committee is proceeding with reading this law and working to vote on it during the next phase in cooperation with other specialized committees.”
The figures indicate that the economic sector in Iraq suffers from many challenges, most notably technological obsolescence and dilapidated infrastructure, which makes it urgent to have legislation that encourages various investments and clearly defines the partnership between the public and private sectors.

An important step

 In turn, the expert in economic affairs, Abdul Salam Hassan, said, “This law is an important step on the path to economic reform, but it will not achieve the desired results without including specific provisions that focus on developing the productive sectors, most notably the industrial and agricultural sectors, and reducing dependence on oil revenues as a primary source of national income.”

Hassan added in a statement to “Iraq Observer” that “it is also necessary for the law to include measures that ensure stability in the market and facilitate the investment environment by simplifying the legal and bureaucratic procedures facing investors, in addition to providing real guarantees to protect the rights of investors, whether they are local or foreign.”

Experts also stress the need for the new laws to take into account the establishment of strict control mechanisms to combat financial and administrative corruption, and to ensure a fair distribution of resources between the various sectors and regions of Iraq.

These laws must also include stimulating the private sector to be a strong partner in the development process, by providing tax facilities and granting easy investments, in order to create an encouraging economic environment.  link

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

Tishwash:  After a cautious calm... a sudden state of alert was imposed in "Ain al-Assad" in Anbar

Ain al-Assad Air Base, where US forces are stationed, entered a state of sudden alert today, Friday (October 18, 2024), with intensive helicopter flights in the skies of the base. 

An informed source told Baghdad Today, "This afternoon, Ain al-Assad Air Base in Anbar Governorate witnessed the sudden imposition of strict security measures, with intensive flying of helicopters in the skies of the base," stressing that "these measures included the western, northern and southern parts of the base, where the security towers were observed on alert."

He added, "The reasons for this sudden mobilization are not precisely known, but the announcement of Sinwar's martyrdom may be one of the possible reasons for this mobilization, but the matter remains not precisely confirmed," ruling out that "it is within a training framework."

The source explained that "such measures are usually taken based on directives from senior leadership, whether in Washington or the main headquarters in the Arabian Gulf," noting that "sudden alerts come when something is expected to happen."

On the 10th of this month, an informed source reported that the Ain al-Assad base suddenly abandoned the state of maximum alert without prior warning, indicating that the situation is very normal and that the motives behind these changes are not known, but they may be a plan or based on an order from Washington to remove the danger. link

Mot:  Why is it called beauty sleep when you wake up looking like a troll

Mot:  me too ""Earl"" - Me too!! – siigghhhhh  

Things to do if you get Rich all of a Sudden- And More

From Recaps Archives

Services You Get As You Get Richer

1. Housecleaning Services  (Your time is worth more than the effort it takes to maintain your living space)

2. Personal Trainer (Reduces stress, improves your health)

3. Personal Chef (Customize your nutrition. Saves time from planning/cooking)

4. Advisors in All Areas  (Attorneys, tax planning, estate Planning, etc.)  

5. Luxury Concierge Services (Eliminate micro detailed planning, travel planning, events, etc. Luxury of time and peace of mind) 

6. Private Medical Care (Healthcare becomes proactive. Access to specialists. Enhances wellness).)

7. Executive Coaching (Improves your decision making, helps in making strategic decisions)

8. Home Security Services (State of the art surveillance systems, background checks on hired staff)

9. Private Travel (No waiting at airports. Flexible travel, Maximize your time, schedule, etc.)

10. Exclusive Country Club Membership (Rub elbows with the right people. Access to Milken Institute Global Conference-$50k, the Bohemian Club-$25k, etc.)

11. Wealth Transfer Specialist (Spheres of influence)

https://youtu.be/VGju3e3cEA8?si=XjdafpsKXuGelZBz

15 Things To Do If You Get Rich All Of A Sudden

Alux: 

00:00 – Intro

 00:56 - Do not let anyone know

01:25 - Pay all of your debt.

 01:58 - Do not quit your job yet.

02:42 - Secure the money and let it sit for a while.

03:31 - Make investment in yourself a priority.

 05:45 - Do not switch financial advisors.

06:27 - Get comfortable, but not rich-comfortable.

 07:09 - Do not invest in your friend's business or lend them money.

08:06 - Do not start a business immediately.

08:46 - Prepare for change.

 09:16 - Focus on getting healthier.

09:51 - the 5% rule.

 10:32 - Protect your kids from the money.

10:58 - Do not cheat on your partner.

11;37 - Play it safe.

https://www.youtube.com/watch?v=8uPMT1U7uyM

Bruce’s Big Call Dinar Intel Thursday Night 10-17-24

Bruce’s Big Call Dinar Intel Thursday Night 10-17-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is, let's see what day it is. It is Thursday, October 17th and you’re listening to the big call -  thanks everybody for tuning in all over the globe. Thank you for being part of the big call universe, as we refer to it as and thank you for just your faithfulness over the years, over the 13 years, many of you, a lot of you, have listened to the call for that long, and so we appreciate that. We really do appreciate your faithfulness and listening - putting up with us and our shenanigans sometimes, but overall, we're still doing the best we can to put out the best information that we can. And, of course, Sue and Bob along, they help keep me straight. Well that's good. And let's do this let's put let's bring in a prayer. Let's pray the call in.

Now let's, let's switch gears and go over to the intel that we have created for tonight. First of all, let’s talk about what Jeannie brought up in her prayer tonight  - the idea of, what about R and R?  we've talked about that – and you know that you're already have your restitution and your reclamation allowance, RNR in your quantum account that you will activate when you do your exchanges at the redemption center –

Those of us who have currencies  - those of us who are redeeming zim, those of us who are doing these exchanges and going into the redemption Center, which is the only recommendation that we make for you to do, is to Set your appointment at the redemption center and go, and I've told you, the rates are higher at the redemption center, and that's going to be your best bet. Okay,

So - what you need to realize is that R & R is in your quantum account, you will get a quantum card, which is three times the thickness of a credit card. And you'll have that. You'll also plug it in to get this card biometric fingerprint or thumbprint reader that'll put that onto a chip into the card.

You'll also have a new  - well, you have a username and password for your quantum accounts, username and password, then you also will have a five digit pin, which is good for you. So you need to kind of create a five digit PIN number, personal identification numbers, what pin stands for, right? So you'll have a five digit on that, and then you'll also have, let's see, beyond that we get into you'll have a brand new email you'll set up for this purpose of not one that you already have, but a new email, and it might be Gmail.

 It's,  I understand, very secure these days as new people bought Google, and it's it's a better, safer way to go. So Gmail is good, or whatever you're you want to use if you don't like Gmail, and then you also would have a new password for that email.

So those are steps that you make in setting up your quantum account, getting your quantum account card -  so remember -  you don't charge anything on this card. This is something that you use only to move money from your quantum  account  into your primary or secondary bank accounts

Ok and my understanding is you can tie that quantum account to three separate banks  -Wells would be the first - If you use a couple of other banks  you could attach those banks to the quantum account at a later time

But on day one – when you go into your exchanges – and redemption of zim – you’ll get that account set up – your quantum account – and you’ll also get a debit/credit card – already made out for you at Wells Fargo – at the redemption center -  which is working through the Wells Fargo bank – You’ll have that too and you’ll have funds you’ll move from your  quantum account into your - let's call it master account -  or primary bank account with Wells -  and that availability is on your credit/debit card.

It's also something you could wire funds from that account if you have large amounts that you need to send off.  And it also gives you the ability to write checks on that account if you are a check writer, okay, so you have ways to access those funds that you move in.

And how much can you move in for 60 days? It can be a large amount. Doesn't have to be, you know, a few $1,000 or $100,000 it can be millions or even a billion or more dollars that you can move.

 And then that's all you'll be able to do at the redemption center - later you can set up like  in my case I'm using four LLCs. I'll have the master account in the name of my master trust. And then the four LLC will be in the names of the LLCs that have already set up with and those will be four separate accounts, that will be tied to  LLCs,

That's what I'm going to do,  I’ve been advised to  use LLC’s  instead of nonprofits or foundations. That's just coming from my attorney and his experience of 35 years teaching trust law, and he said, Look, this is the way we're doing it. And I said, Yep, that makes sense. Let's do it that way. We set all that up already, so that's going to be ready to go

Now – let’s get off of that and talk about – we’ve talked about R & R – Let’s talk about the -- let's see what the next thing. Oh, Social Security increases. I don't know that I mentioned this on Tuesday. I cannot remember whether I said anything about it. I might have.

 But just as point of review, Social Security increases are not going to be in October they are  supposed to occur in the month of November. And this is how it works. We get paid social security. And you guys already know that if you're receiving it 62 and older, if you sign up for early social security, you're you can get it at the age of 62 -  my understanding  is you can sign up for that six months prior to your 62nd birthday, all right?

And so something like, I signed my signed up. I'm going starting age 63 Well, if I've been on the ball, I would have signed up six months before my 62nd birthday, and had that all ready to go at age 62 - would have been nice, but that's just what I did,  Some of you guys ride this thing all the way out and not touch it till you're 70 and a half years old. That's your prerogative. Fine. Do what you want to do on social   but increases  are coming in the month November we are told – by a soc sec representative we contact

And it’s going to be -  let's say your first Wednesday of the month is your Social Security Wednesday, first Wednesday, you would get your increase in the second week of the month, your normal security in the first Wednesday, and then a week later you get your second, which is your increase amount.

And we're looking to get increases of 80% to 100% of what you're normally getting - 80 to 100% increase.

So those, those guys that are getting 2500 or 3000 a month, to 80% of that, and that's what would be added in your second payment of the month. If your second week, Wednesday, second week, it's your increase in the third week. If your third week, you get your regular Social Security amount in the third Wednesday, then you get your increase in the fourth week.

 If you’re  fourth week, you would get your regular social security in the fourth Wednesday - and your fourth Wednesday, and November is the 27th I believe, and then you would get your addition increase 2 days  later, in that case, two days later, which would be the 29th of November. November has 30 days.

So that's how it's set up to work from our source at Social Security. We'll see if that's what happens. I know we've been pushed month after month after month after month. I remember three, four, maybe five times. We've been told social was coming and it hasn’t yet  - I think it started back in April, April, May, June, July, August, September, wow. It started back in April  its more like 6 months ago,

So that's what I've heard, and that answers, you know, the question about Social Security increases, as far as we know that’s it -  All right, now let's move into what’s going on right now.

In terms of  -- we do watch the Iraqi dinar, which is sort of a linchpin for everything going and we've read the Iraqi dinar was not on the Forex yesterday or today, as we thought it would be yesterday, and it was not. And we're hearing now it's either going to be on the forex with a new rate, either Friday night, which is tomorrow night, or Sunday night.

My bet is Sunday after the Forex comes back up after having been turned off or closed for 48 hours, which is typical every weekend, from five o'clock Friday to five o'clock Sunday, it's down. It's down so that they can reconcile accounts on forex. And I don't see it coming up Friday night.

But It could and it could be Sunday after five that it comes back. All right, so here's the next part that's that's good, that's important. We need it to show up. But now where do we stand let's talk about bondholders.

Bondholders have been told that theyare receiving their email – which will let them know when they can have access to their accounts, those emails were to go out today, tomorrow or Saturday, three days that they would go out, Thursday, Friday, Saturday, today's Thursday, they would go out one of those, or maybe all of those, three days to bond holders , and it would inform them of when they would have access to their funds in their account.   And I believe they're going to find that the date they were told would have access to those funds  will be on Tuesday.

Now, in keeping with the idea of a shotgun start – the new version of the shotgun start is calling a rollout - Is being called a rollout. They are rolling out the toll free numbers to us. And it looks like we're going to get possibly something over the weekend, but I'm also hearing we can get it Monday possibly Monday morning or mid morning -  that we would receive our toll free numbers in those emails from Wells Fargo.

Why do I say all the way to Monday? Because we know the redemption center staff going in at 9:15, 12:15, they're staggering them going in  -- Now, why would they be in? Well, it would be so that they can be there to set our appointments at those redemption centers.  

So Personally, I think that's our Go date. I think Monday - when we get numbers, we set our appointments to start exchanges, hopefully on Tuesday, which is the 22nd

Now, why the 22nd  why the 21st which is Monday? Because the BRICS nations are intending to bring out their reserve currency on Tuesday the 22nd and you guys know we've had back walls  and  had back walls knocked down in the past, and they have never come to fruition - when we've had a back wall in the past, it's never come to fruition for us.

I believe we're going to have an opportunity if everything holds out, to get our notification Monday and set our appointments Monday  and start exchanges  on Tuesday, the 27th

Now that is what we have heard by several of our sources that tend to agree. There's an occasional source that says Sunday or Monday we get notified, hey, I'm open to it any day, even tomorrow.

The word was get ready for the weekend. Well, who? Who us in tier four? 4B specifically, we've also heard that the admirals group that the admiral has initiated funding into the admirals group's accounts. We also know that so far, nobody has nobody in the admirals group that we know of has received notification from the admiral yet of that fact – that they have funds in their account, but I believe that will occur, and it might just time exactly likely with us getting notified on Monday.

That's my suspicion – that is that they will be notified at the same time we’re notified – and hopefully it will be on Monday -the 21st

So that’s a long way around  to tell you that things are moving forward for us, hopefully this back wall, if we want to call it that, even though it's a banned phrase on the big call.  – just kidding but it should be, is that we should get this thing moved through – that would put us there on the 21st the 22nd we would start our exchanges and go through the end of October.- and probably continue on for another week or so in November for exchanges,

Remember the process is - once you see the toll free number in your email, or on the big call universe  website, or in an email that we send out from big call universe, and you have that number as well , we won't send it out unless we confirm that the number is correct.

So we'll get that out to everybody that's registered on big call universe.com, and and that way you'll have it

So when you get that 800 number you'll call, you'll set your appointment with through the call centers. There are two, three, I think six of throughout the country, six call centers.

And that was a regional, probably by time zone, and that way, you'd be able to set your appointment through the call center and get delivered or rerouted, if you will, once you're on the phone to the redemption center that you indicate is the one closest to you based on your zip code alright - and once you enter that in and go, you'll should speak with someone at the redemption Center, where you are going to be exchanging a live human being a nice person that will probably be one of the people  you’ll be meeting at your redemption center.

Okay, so I hope that's clear to everybody. I wanted to make it clear. I wanted to say it again to you, and I can tell you that we still are looking at an extremely high contract rate on dinar -  should be offered to us - we have a on par rate on the Zim. If you know what on par means with the USN, you should by now and the other currencies are going to be – except the dong  will be higher – but the other currencies are  between 3 and 6.50 - the other currencies that are going up in value.

So … that is what I wanted to tell you guys tonight – and I think that would take care of most of the questions  that you would have  - I’m trying to think ahead of what is important to you. Make sure you bring one or two photo ID’s of yourself - make sure you have a copy of a what do you call it? A utility bill, cell phone bill, utility bill that shows your physical home address, so that they know that you're a real person, and you live at this address - bring that  as well

Bring a copy of your presentation that you want to present, which might be a very short presentation, no longer five to eight minutes, but maybe three to four or five minutes. And of course, don't forget your currency.

Make sure it is lined up by de nomination. If you've got dinar - don't mix your 10,000 notes in with your 25k notes. Don't put your 5k notes - Try to separate them by denomination. And if you, if you know and do it that way -  same thing's true on Zim, same thing's true on all the currencies. Try to keep your denominations - each note with like kind amounts of each note and attach them or bundle them  - however you want to do it -  in envelopes or whatever.

Make it easy for them. So they say, Oh, okay. 25k and our notes, Oh, I see. These are all 200,000 dong notes  etc, you know? Oh, these are all 50 billion dollar  zim notes.  Oh ok these are all Trillion or 10T notes of zim. These are 50 T zim notes. These are 100T notes - whatever they are – try to keep them separated by denomination

okay, and then get that out so they can, go through those, and they'll go through and that’s just terrible separate those, and use the Delarue machine to count and verify your currency , and they'll do all of that.

So I just wanted to bring that up and say that's what we wanted to cover tonight. I think we should pray the call out  - so let’s do that right now.

Bruce’s Big Call Dinar Intel Thursday Night 10-17-24  REPLAY LINK  Intel Begins   1:18:55

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHs9n

Bruce’s Big Call Dinar Intel Tuesday Night 10-15-24  REPLAY LINK  Intel Begins 1:11:00

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

Bruce’s Big Call Dinar Intel Thursday Night 10-10-24  REPLAY LINK  Intel Begins   51:11

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

Bruce’s Big Call Dinar Intel Tuesday Night 10-8-24  REPLAY LINK  Intel Begins 1:03:35

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

Bruce’s Big Call Dinar Intel Thursday Night 10-3-24  REPLAY LINK  Intel Begins   1:08:08

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

Bruce’s Big Call Dinar Intel Tuesday Night 10-1-24  REPLAY LINK  Intel Begins   1:14:45

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHgB5

Bruce’s Big Call Dinar Intel Thursday Night 9-26--24  REPLAY LINK  Intel Begins   1:00:40

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

Bruce’s Big Call Dinar Intel Tuesday Night 9-24-24  REPLAY LINK  Intel Begins 56:36

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHg0Y