Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Friday AM 11-8-2024

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 Fri. 8 Nov. 2024

Compiled Fri. 8 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 7 Nov. 2024 The EBS: The Moment We’ve Been Waiting For …Patrick B. Kennedy on Telegram

After the 10 days of darkness, we will reconnect to a new quantum internet. The old systems of government, education, finance, health, and commerce? Gone. A new age is coming.

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 Fri. 8 Nov. 2024

Compiled Fri. 8 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 7 Nov. 2024 The EBS: The Moment We’ve Been Waiting For …Patrick B. Kennedy on Telegram

After the 10 days of darkness, we will reconnect to a new quantum internet. The old systems of government, education, finance, health, and commerce? Gone. A new age is coming.

Thurs. 7 Nov. 2024 Bruce:

Everything should be released at once: Bonds, R&R, all tiers, everything.

Tier4b (us, the Internet Group) should receive notification to set appointments over the weekend.

Exchanges should start on Tues. 12 Nov.

The new rates for 17 currencies were locked in today Thurs. 7 Nov. 2024

Security should be initiated at 7 pm tonight and be in effect sometime Sat. 9 Nov. 2024.

~~~~~~~~~~~

RUMORS:

Tues. 5 Nov. 2024 Julian Assange: All Intel is saying “Next Week.” Safe link 800# will be released closer to go date. Bond funds were being delivered to paymasters. Private appointments are being made now. Zim Cap information is changing daily but as of now they are paying as follows: NO projects = 15 million no matter amount you might hold. With projects  = First 2 bond notes are 1 to 1 after this 25 million (per 100T) up to 30 bond notes. To negotiate further you will need to return. Rates are EXTREMELY high.

Operation Phoenix refers to the rollout of GESARA and the Global Currency Reset.

As of early November 2024, Operation Phoenix is now fully in its execution stage. 

Trump’s leadership has empowered elite military units and specialized financial teams to dismantle key corrupt banking nodes in Zurich, London, and Hong Kong.

These forces have begun arresting high-profile bankers and corporate operatives, seizing assets in a historic operation aimed at dismantling the power of financial elites.

With the QFS now active, algorithms are tracking every suspicious transaction and asset movement in real-time, confiscating wealth from those who sought to hoard resources intended for humanity.

This reclaimed wealth is redirected to fund the GESARA rollout, cutting off the elite’s grip on financial power.

Redemption Centers across the nation have received critical upgrades to ensure a secure exchange process. Each center now operates with  Quantum Shielding Technology, preventing any external interference or surveillance attempts. Developed in top-secret military labs, this technology ensures that only those approved through the QFS can enter, protecting participants from deepstate actors attempting to disrupt the wealth transfer.

The Evolution of NDAs: Biometric Integration: With enhanced protocols, participants signing Non-Disclosure Agreements (NDAs) must now verify their identities through advanced biometric signatures, including fingerprint and retina scans.

These new security measures link directly to Quantum Access Cards, further securing each participant’s funds and ensuring only genuine participants are permitted within the QFS.

This advanced biometric NDA process was initiated following revelations of Deepstate operatives attempting identity theft to infiltrate the Redemption Centers.

The Quantum Access Cards, essential for accessing funds under GESARA, have seen significant advancements. As of early November 2024, all cards are equipped with Real-Time Surveillance Deterrents (RTSDs), which detect any attempt to access the card outside QFS’s secure environment. If tampered with, the card immediately encrypts all data, remaining locked until receiving a signal from a Quantum Communication Hub.

This added security feature is part of a larger strategy to eliminate reliance on traditional banks, ushering everyone into a new financial framework immune to manipulation.

One of the most pivotal updates in recent weeks is the full integration of Starlink satellites with the QFS, creating a powerful Q-Grid. This global network of Quantum Communication Hubs now spans eight strategic U.S. regions and other key global locations, connecting Redemption Centers and Quantum Access Cards under an unbreakable encryption shield accessible only by the QFS.

Starlink’s role in this system also includes securing Emergency Broadcast System (EBS) communications, ensuring that all GESARA announcements are delivered without obstruction by mainstream media or deepstate interference.

When the time comes for the GESARA announcement, Starlink will activate the Emergency Broadcast System through the Q-Grid, transmitting real-time updates to every participant. This bypasses traditional media outlets, delivering unfiltered truth to the people directly.

Operation Sentinel has launched to protect Redemption Centers and secure the entire wealth transfer process. Tactical units have been stationed to ensure the safety of all participants

Read full post here:  https://dinarchronicles.com/2024/11/08/restored-republic-via-a-gcr-update-as-of-november-8-2024/

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

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

Frank26  On the 10th there's going to be a collision of some very important 'heavy particles' that require the monetary reform exchange rate.  On the 10th they're all coming into a collision.  I think they're going to give birth to new elements...Maybe lower notes...maybe a float... maybe the digitalization of the electronic float.  A lot of things might be happening but not before the 10th of this month...

PompeyPeter  Where are we?  The have not seen the budget.  But we have seen something very interesting that encourages me now to talk about the budget.  [a new] article is an absolute doozy as far as I'm concerned because it's telling us quite a lot.  It's telling us that Sunday the 10th of November is...Cultural Day when Iraq thinks about its great thinkers, feats of engineering, its natural beauty, its wonders and its historic wealth...this great nation which was the foundation for much in the world.  This celebration is on Sunday.  They moved it forward from its traditional date of...the 18th.  They're saying they moved it because of the census...They moved it.  They moved it forward to Sunday.

'Euphoric' Market Rally, Bitcoin To $112k Before 'Financial Reset' | Chris Vermeulen

David Lin:  11-7-2024

Chris Vermeulen, Chief Market Strategist of The Technical Traders evaluates market performance after Donald Trump wins the Presidential election and how markets will perform next.

0:00 - Market reaction to Trump win

6:00 - Market momentum

7:20 - Trump's policies and markets

10:35 - Resistance levels

13:22 - Small caps outlook

15:30 - When to take profits?

21:00 – Gold

https://www.youtube.com/watch?v=cU7GO4ls5WM

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Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20

MilitiaMan & Crew News Reporting-Iraq Dinar-International Stability-Financial System-IMF-Article 140-Port of Faw

MilitiaMan & Crew News Reporting-Iraq Dinar-International Stability-Financial System-IMF-Article 140-Port of Faw

11-7-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, Brian’s Place, GIGI and Militia Man

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

MilitiaMan & Crew News Reporting-Iraq Dinar-International Stability-Financial System-IMF-Article 140-Port of Faw

11-7-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, Brian’s Place, GIGI and Militia Man

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

https://www.youtube.com/watch?v=1qycj3m0cYw

 

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Evening 11-7-24

Good Evening Dinar Recaps,

BRICS: RUSSIA SAYS IT WON’T DITCH US DOLLAR AFTER TRUMP’S VICTORY

In a shocking twist for the BRICS alliance, Russian President Vladimir Putin has said that they will not ditch the US dollar. In a sit-down interview Thursday, Putin confirmed that Russia is not abandoning the dollar, it is “simply refusing to use the dollar as a settlement tool.

Putin called the US dollar a “pillar of US power,” saying that the US is undoing this powerThe BRICS bloc has long pushed its de-dollarization initiative, saying the greenback won’t be king for long.

The alliance recently discussed de-dollarization at its October Summit, and multiple countries have decided to stop using the dollar.

Good Evening Dinar Recaps,

BRICS: RUSSIA SAYS IT WON’T DITCH US DOLLAR AFTER TRUMP’S VICTORY

In a shocking twist for the BRICS alliance, Russian President Vladimir Putin has said that they will not ditch the US dollar. In a sit-down interview Thursday, Putin confirmed that Russia is not abandoning the dollar, it is “simply refusing to use the dollar as a settlement tool.

Putin called the US dollar a “pillar of US power,” saying that the US is undoing this powerThe BRICS bloc has long pushed its de-dollarization initiative, saying the greenback won’t be king for long.

The alliance recently discussed de-dollarization at its October Summit, and multiple countries have decided to stop using the dollar.

“The payments in dollars are decreasing,” Putin said. “Not too much, as of yet, but as a means of savings, it’s going down step by step. Very gradually it’s shrinking, it is a trend. It’s their own doing.”

In regards to BRICS proposals of ditching the US dollar, the Russian president reaffirmed that “our proposals are not aimed against [the] dollar. This is simply us rising to the challenge of modern times, in response towards the development of the economy we are thinking.”

BRICS Continues Developing Payment System to Rival US Dollar
Putin also discussed how BRICS is currently in the development phase of a unified BRICS payment system rooted in the payment systems of different countries

The new system will be “using the groundwork of the systems in each country in exchanging of financial information,” the Russian president said.

The bloc has continued to embrace trades in local currencies. Moreover, they have worked to develop their unique payment infrastructures. These projects should only encourage financial autonomy. Moreover, they should be clear threats to Western hegemony and US dollar dominance. 

The most interesting point from Putin’s interview is that despite the de-dollarization efforts, Russia has decided not to ban or abandon the greenback: simply avoid it.

Earlier this year, Donald Trump hinted he would consider lifting sanctions, encouraging the use of the dollar. Now that he will be President again, it will be interesting to see how the bloc responds if he does just that. 

Putin and China’s President Xi Jinping have already opened the door to speaking to Trump, so perhaps there is a future where BRICS and the US dollar live in harmony.

                                                                    

@ Newshounds News™

Source:  
Watcher Guru

Read more:  Twitter

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DETROIT TO BECOME LARGEST US CITY TO ACCEPT CRYPTO PAYMENTS FOR TAXES

Starting mid-2025, Detroit residents can pay taxes and fees in crypto, with blockchain entrepreneurs invited to enhance civic solutions.


▪️Detroit will begin accepting crypto assets for tax payments from mid-2025, making it the largest US city to do so.

▪️The initiative aims to modernize public services and improve accessibility for unbanked residents.

Detroit will soon allow residents to pay taxes and other city fees with crypto, becoming the largest US city to adopt crypto payments.

City officials announced that this option will be available mid-2025 and managed securely by PayPalThis new payment method aligns with Detroit’s broader strategy to modernize public services, strengthen civic engagement, and drive economic growth.

Detroit Mayor Mike Duggan expressed enthusiasm for the initiative, emphasizing the city’s dedication to creating a tech-friendly environment that supports residents and entrepreneurs alike.


“Detroit is building a tech-friendly environment for residents and entrepreneurs,” said Duggan. “We’re excited to be among the first US cities to explore blockchain applications and offer cryptocurrency as a payment option.”

The city treasurer, Nikhil Patel, highlighted that the new platform would improve accessibility for Detroit residents, especially those who are unbanked or prefer digital payments.

 “This platform upgrade will also make it easier for Detroiters to make electronic payments.”


In addition to the new crypto payment option, Detroit is actively encouraging blockchain entrepreneurs to propose projects that enhance transparency, security, and efficiency in public services.

Proposals can be submitted to Justin Onwenu, Detroit’s Director of Entrepreneurship and Economic Opportunity, by December 15, 2024.


Onwenu explained, “Blockchain technologies have the potential to drive greater accessibility, efficiency, transparency, and security, and we’re excited to hear from entrepreneurs at the forefront of this work.”

With this move, Detroit joins a growing number of municipalities adopting crypto payments. Currently, Williston, North Dakota, and Miami Lakes, Florida, accept crypto for specific city services.

However, Detroit will surpass these cities in scope and size, establishing itself as the largest US city to accept crypto.


Cities like Miami and New York have shown strong crypto support, while states such as Colorado, Utah, and Louisiana have already implemented crypto payment options for state taxes.

@ Newshounds News™

Source:  Crypto Briefing

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🌱FED CUT? WHY DO I CARE? WHAT DOES IT MEAN? DIVE IN WITH US.  |  Youtube

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

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Thank you Dinar Recaps

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

The Biggest Red Flag of All When It Comes to Money and Relationships

Ramit Sethi Says This Is The Biggest Red Flag of All When It Comes to Money and Relationships

Mary Green  Wed, November 6, 2024   GOBankingRates

Most people look for a romantic partner who shares their financial values and has similar life goals, whether that means living a life of luxury or embracing a minimalist existence. Incompatibility in these areas is often a deal breaker or “red flag.”

Personal finance expert Ramit Sethi says there is an even bigger red flag that people tend to overlook. The number one financial red flag isn’t having different values — it’s being unable to talk about money at all.

“If your partner simply will not talk about money, you have a huge problem,” Sethi explained in an interview on Instagram.

Ramit Sethi Says This Is The Biggest Red Flag of All When It Comes to Money and Relationships

Mary Green  Wed, November 6, 2024   GOBankingRates

Most people look for a romantic partner who shares their financial values and has similar life goals, whether that means living a life of luxury or embracing a minimalist existence. Incompatibility in these areas is often a deal breaker or “red flag.”

Personal finance expert Ramit Sethi says there is an even bigger red flag that people tend to overlook. The number one financial red flag isn’t having different values — it’s being unable to talk about money at all.

“If your partner simply will not talk about money, you have a huge problem,” Sethi explained in an interview on Instagram.

Many people get uncomfortable when it’s time to talk about money. Fortunately, there are some tried and true ways to get better at having those important conversations.

Couples Should Talk About Finances Frequently

Sethi stressed that it’s OK to have different values and approaches to dealing with money, but it is essential to talk to your partner about it.

Not only that, but talking about money shouldn’t be a one-time event. Ideally, “we want to have lots of conversations about money,” Sethi said.

If your partner refuses to talk about money, they’re not just avoiding one big conversation. They’re avoiding an ongoing dialogue that should be a regular part of your shared life.

Therapists agree that couples must be able to talk effectively about money, according to Choosing Therapy. Issues like income levels and spending habits may be important, but they’re not as important as the ability to discuss finances. Transparency and openness about money are very important for your relationship.

Talking to Financially ‘Avoidant’ People

TO READ MORE: https://www.yahoo.com/finance/news/ramit-sethi-says-biggest-red-160117330.html

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MarkZ, Chats and Rumors Dinar Recaps 20 MarkZ, Chats and Rumors Dinar Recaps 20

Thursday Evening Chat With MarkZ 11-7-2024

Thursday Evening Chat 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

Member: Hello Mark MODS and Everyone

Member: Mark, How is your gut feeling about this upcoming week?

MZ: I was excited last week because I was told things should start ripping 2 days after the election. Well its now 2 days after the election and I cannot reach a single bond contact. I don’t know what this means – but my gut is hoping they are processing bonds. If they are- we will know soon.

Thursday Evening Chat 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

Member: Hello Mark MODS and Everyone

Member: Mark, How is your gut feeling about this upcoming week?

MZ: I was excited last week because I was told things should start ripping 2 days after the election. Well its now 2 days after the election and I cannot reach a single bond contact. I don’t know what this means – but my gut is hoping they are processing bonds. If they are- we will know soon.

Member: Mark has always said 3 days after he hears the bonds go we would get our notice for 4B

MZ: “Parliament decides to extend its legislative term for 30 days” they have a lot of important things to take care of. And they are dedicated to getting them done and out the door.

MZ: “Parliamentary oil : Gas licensing rounds will supplement the financial budget”  They are talking about 3 million cubic feet a day.

MZ: “ The central bank has an unprecedented record of sales of the dollar” When they sell the dollar – they are pulling dinar off the streets.  The auction today was $300 million dollars . This is huge.

MZ: Port of Faw is open…..5 of the berths are open. Open, functioning and operating.

Member: Wasn't there a deadline for December 10th? what should mean it should be wrapping up now

Member Sudani said that the monetary reform would be done by Victory day- Which is Dec. 10.

Member: I sure wish Iraq would just go alone with the RV…….even at a 1 to 1 rate….it would sure help many of us tread water in this terrible economy.

MZ: “The Federal Reserve cuts interest rates for 2nd straight meeting”  They just committed to higher inflation.

Member: I heard there will be no RV until 2025

MZ: I have not heard that…None of my sources agree with that. They are going to float all kinds of rumors to cloud the timing.

Member:  Unless they won’t release it until after the inauguration on Jan. 20th….which is about 60 days or so.

Member:  Veteran's Day is Monday All

Member: I am always very hopeful on 3 day weekends….someday, somebody will be right.

Member: Enjoy your evening and God Bless.

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 NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube:  https://www.youtube.com/watch?v=LRpj-6mKF4g

  

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Thursday PM 11-7-2024

TNT:

LouNDebNC:  Iran's Currency Craters to Historic Low Following Trump's Victory

Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

By Adam Kredo

Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

The Iranian rial traded at 703,000 to 1 American dollar early Wednesday

TNT:

LouNDebNC:  Iran's Currency Craters to Historic Low Following Trump's Victory

Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

By Adam Kredo

Iran’s already ailing national currency cratered after Donald Trump’s election victory, heralding tough times for Tehran’s economy as the former president prepares for another term in the White House.

The Iranian rial traded at 703,000 to 1 American dollar early Wednesday, an all time low, before settling at 696,150 to a single dollar, according to the Associated Press. The steep drop signals fears in Iran that Trump will enter office prepared to level harsh new economic sanctions on the country—and enforce active ones—as punishment for its yearlong war on Israel.

As the Iranian rial tanked, the American stock market surged, with the Dow Jones Industrial Average jumping more than 1,300 points to 45,557 as of mid-day trading. The Nasdaq grew by more than 430 points, hitting 18,875 in the afternoon.

During his first stint as president, Trump decimated Tehran’s economy with sanctions, ushering in a "maximum pressure" campaign that the Biden-Harris administration subsequently dismantled in a bid to entice Iran into a revamped version of the 2015 nuclear accord. Under the administration, Tehran was given access to upwards of $100 billion in cash resources, helping it arm a slew of regional terror proxies that have wreaked havoc on Israel and American military positions in the Middle East.

With Trump’s second term looming over Tehran, the country will have to make tough choices about its war on Israel. Iran has already promised a crushing response to Israel’s first direct attack last month but could decide to hold fire given Trump’s track record of support for the Jewish state. In 2020, Trump greenlit the assassination of Quds Force commander Qassem Soleimani.

Iran said Wednesday that it is not concerned by Trump’s election and saw both candidates as enemies.

"The election of the U.S. president has nothing to do with us. The general policies of the U.S. and Iran are constant," Iran’s foreign ministry said in a statement. "It doesn't matter who becomes the president in the United States because all the necessary planning has been made in advance."

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

Tishwash:  Financial expert: The rise of the dollar is temporary and the economy is what determines its path

Financial expert and former director of the Central Bank of Iraq, Mahmoud Dagher, confirmed on Thursday that the rise of the dollar is temporary, and that the economic aspect is what determines its path, away from politics.

Dagher told Shafaq News Agency, "The dollar in local markets is affected by global markets if it rises, considering that the dollar is the same whether it is in Iraqi markets or global stock exchanges.

But what is important is the local currency being affected by it inside Iraq."

He added, "The change that is currently taking place in the dollar is temporary and will soon return to its normal state after things stabilize," indicating that "the economic aspect is what determines the value of the dollar against other currencies, not the political aspect."

The dollar rose with Donald Trump's victory in the US elections, which affected the decline in global oil prices   link

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

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

Frank26  Salaries need a new exchange rate...The same thing with the HCL.  Do you see the HCL? No.  Give me a new exchange rate.  It's that simple.  Do you see the salaries?  No, still nothing.  Give me a new exchange rate.  It's that simple.  Do you see the lower notes they keep talking about?  No.  Give me a new exchange rate...By the way they are giving them a new exchange rate IMO...

Frank26  The fact they are talking to you [Iraqi citizens] that the HCL is coming...means a new exchange rate is coming.

Guru Walkingstick   For decades, forever, the corruption in Iraq have stolen the future of the children of Iraq, let alone the Middle East...You'll find them in parliament, you'll also find them in the media - television, newspapers of Iraq...Sudani brought in Alaq with the permission of the board of directors of the CBI.  When he did, things started to move forward.  That's why a 10 year report has now been put out.

U.S. ‘Debt Tsunami’ Will Force Fed to Negative Rates, Push Gold to $8,000 | Brien Lundin

Kitco News:  11-7-2024

The Federal Reserve's money management will trigger the next crisis and force the U.S. central bank to embrace negative interest rates, warns Brien Lundin, Editor of Gold Newsletter and CEO of New Orleans Investment Conference.

 Lundin analyzes what this crisis means for the economy, the Federal Reserve, the U.S. dollar, and gold. Lundin tells Kitco News' anchor Jeremy Szafron that the Fed's recent 25 basis point cut to a target range of 4.5%-4.75% could be just the start of a longer rate-cutting cycle driven by the unsustainable cost of servicing the national debt.

He predicts that gold prices could surge to $8,000 an ounce within this bull market cycle as Western investors seek safe-haven assets amid rising economic risks.

Lundin highlights the return of "bond vigilantes," whose skepticism about U.S. debt management has driven Treasury yields higher. With gold decoupling from its traditional inverse relationship to the dollar and bond yields, Lundin argues that the metal is poised to benefit from a powerful new bull market.

0:00 - Fed Rate Cut Details

0:31 - Powell’s Press Conference

 1:47 - Lundin’s Economic Forecast

2:29 - Fed on Inflation & Rate Cuts

3:24 - U.S. Debt Crisis Risks

7:10 - Gold Price Predictions

11:23 - Debt’s Impact on Economy

30:06 - Investment Conference Highlights

38:45 - Closing Thoughts on Markets

https://www.youtube.com/watch?v=W0XQhV-H3_E

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 11-7-24

Good Afternoon Dinar Recaps,

FED CUTS RATES AS BITCOIN CONTINUES ROARING

The Federal Reserve slashed interest rates again on Thursday in a move that could boost Bitcoin—which is already in all-time high territory.

The Federal Reserve on Thursday slashed interest rates in an expected decision that could give "risk-on" assets like Bitcoin a further boost—and the top digital asset is already surging in recent days, setting multiple all-time high price points following Donald Trump's election win.

America's central bank approved a quarter-point interest-rate cut—a move backed by all 12 Fed voters. In September, the Fed cut by 50 basis points in its first such reduction since it aggressively raised rates in 2022.

Good Afternoon Dinar Recaps,

FED CUTS RATES AS BITCOIN CONTINUES ROARING

The Federal Reserve slashed interest rates again on Thursday in a move that could boost Bitcoin—which is already in all-time high territory.

The Federal Reserve on Thursday slashed interest rates in an expected decision that could give "risk-on" assets like Bitcoin a further boost—and the top digital asset is already surging in recent days, setting multiple all-time high price points following Donald Trump's election win.

America's central bank approved a quarter-point interest-rate cut—a move backed by all 12 Fed voters. In September, the Fed cut by 50 basis points in its first such reduction since it aggressively raised rates in 2022.

Bitcoin and other cryptocurrencies have largely benefited from low interest rates because they, like tech stocks, tend to experience more volatile price movements.

But in 2022the central bank aggressively hiked interest rates in a bid to tame inflation amid the COVID-19 pandemic, making such investments less attractive. Now that inflation is in check, the central bank can make it cheaper to borrow money again.

"The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance," the Fed said in a statement Thursday.

Matt Mena, crypto research strategist at exchange-traded fund (ETF) issuer 21Shares, said in a statement provided to Decrypt that the latest cut could give crypto a further boost.

"The Fed's 25 bps rate cut introduces an economic boost favorable to risk assets like Bitcoin," he said. "Combined with Trump's pro-crypto policies, this creates a supportive macro environment for Bitcoin."

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

RIPPLE CEO SHARES HIS ‘FIRST 100-DAY’ CHECKLIST FOR THE PRESIDENT

Brad Garlinghouse, CEO of Ripple, has outlined what he believes should be part of the President's first 100-day agenda for crypto.

Trump’s victory in the 2024 U.S. election has offered not just a pro-crypto president, but also the most pro-crypto lawmakers in the House and Senate. With crypto in celebratory mood as Bitcoin leads prices higher, the overall sentiment is that this is only the beginning of what’s bullish for the industry.

However, among the top priorities for the sector is the push for regulatory clarity. In his congratulatory message, Ripple CEO Brad Garlinghouse outlined what he sees as a few of the things the president can do in his first 100 days to get the ball rolling.

Fire Gensler
At the top of the list is fulfilling a campaign pledge: firing U.S. Securities and Exchange Commission Chair Gary Gensler on “day one.” 

Garlinghouse suggests replacing Gensler with a more crypto-friendly candidate, naming Dan Gallagher (chief legal officer of Robinhood), Christopher Giancarlo (former head of the Commodity Futures Trading Commission), and Brian Brooks (former acting comptroller of the currency) as potential successors.

“They’d be massive upgrades in rebuilding the rule of law (and reputation) at the SEC,” the Ripple CEO posted on X.

In his victory speech following Tuesday’s election, Trump expressed his commitment to uniting the nation and driving change.

On his ‘first 100-day’ checklist Garlinghouse wishes to see the president getting Republicans and Democrats together to “move the digital asset market structure bill forward in the Senate.”

Notably, the U.S. House of Representatives passed the bill in May 2024.

The final item on Garlinghouse’s list pertains to Ethereum. Ripple’s legal battle with the SEC, from December 2020 to July 2023, challenged allegations that XRP was a security, ultimately resulting in a favorable court ruling. While the SEC approved spot Ethereum exchange-traded funds in May, Garlinghouse couldn’t resist a pointed comment aimed at the regulator.

“And last but not least, can we get some clarity…..similar to XRP and BTC, that ETH is not security, right?!” he wrote.

@ Newshounds News™

Source:  Crypto News

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🌱 PRESIDENT HARRIS HOW? THE PLAN AND WILL IT HAPPEN? GIPPER'S NEWS  |  Youtube

Gipper's News Reader: https://t.me/+Thh6fZ5bQJfRxU3f 

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@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

4 Money Mistakes the Wealthy Never Make

4 Money Mistakes the Wealthy Never Make

Adam Palasciano  Thu, November 7, 2024 GOBankingRates 

It should come as no surprise that wealthy people — or people striving to join them — are constantly paying close attention to the economy, legislation and various markets. They are also always analyzing how these factors can and will affect their finances.

Here are four financial mistakes the wealthy never make whether times are tough or relatively smooth sailing.

4 Money Mistakes the Wealthy Never Make

Adam Palasciano  Thu, November 7, 2024 GOBankingRates 

It should come as no surprise that wealthy people — or people striving to join them — are constantly paying close attention to the economy, legislation and various markets. They are also always analyzing how these factors can and will affect their finances.

Here are four financial mistakes the wealthy never make whether times are tough or relatively smooth sailing.

.

Not Speaking With a Financial Advisor

The wealthy understand the importance of careful financial planning and management. That’s why they always consult with a financial advisor ahead of a potential political or economic shifts.

An experienced professional can help you navigate the ins and outs of complicated tax laws and help you make the smartest financial decisions — so you can keep more of your money.

Not Diversifying Their Portfolios

Diversification is key when it comes to a well-balanced portfolio. This is especially true when there’s about to be a new president.

A new administration may have positive impacts on some of your investments, while it may adversely impact other parts of your portfolio. Ensuring a healthy and strategic investment mix is crucial to hedge against financial loss.

TO READ MORE:  https://news.yahoo.com/news/finance/news/4-money-mistakes-wealthy-never-150010520.html

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KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

Some “Iraq News” Posted by Clare at KTFA 11-7-2024

KTFA:

Clare:  Iraqi Parliament extends its legislative term until the ninth of next month

11/7/2024

The Iraqi Parliament decided today, Thursday, to extend the legislative session for 30 days, starting from November 9 of this month.

This comes after the member of the Parliamentary Legal Committee, Mohammed Al-Khafaji, revealed to Shafaq News Agency that the current legislative session of the Council of Representatives ends on the 9th of this month, and that its extension for another month is subject to Article 58 of the Iraqi Constitution. 

KTFA:

Clare:  Iraqi Parliament extends its legislative term until the ninth of next month

11/7/2024

The Iraqi Parliament decided today, Thursday, to extend the legislative session for 30 days, starting from November 9 of this month.

This comes after the member of the Parliamentary Legal Committee, Mohammed Al-Khafaji, revealed to Shafaq News Agency that the current legislative session of the Council of Representatives ends on the 9th of this month, and that its extension for another month is subject to Article 58 of the Iraqi Constitution. 

He added that according to this article, the legislative term can be extended at the request of the President of the Republic, the Prime Minister, the Speaker of the House of Representatives, or 50 members of parliament, provided that the extension is approved by a vote of the majority of the members of the House.

Al-Khafaji explained that the extension comes to organize the work of Parliament and approve pending laws, as the past period witnessed repeated postponements in the Council’s sessions and the incomplete agenda.

He pointed out that the extension will provide an additional opportunity for the government to submit the draft general budget law for 2025, which is supposed to be submitted before the end of this year. He stressed the importance of the government taking advantage of this time to avoid the delay witnessed in the budget this year.  LINK

Clare:  Rafidain Bank: Implementing the comprehensive banking system in 48 branches

11/7/2024

Baghdad /  Rafidain Bank announced the operation of 48 branches, so far, within its comprehensive banking system.

The bank stated in a statement: "The comprehensive banking system is a qualitative leap in the bank's path, as it supports digital transformation and enhances the bank's ability to efficiently meet the needs of wide segments of customers." He stressed

: "This continuous expansion will include more branches in the future, as part of a well-thought-out plan aimed at providing a modern banking experience that contributes to supporting the national economy and meeting the needs of society with distinguished and comprehensive banking services." LINK

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Clare:  Central Bank of Iraq celebrates National Job Day

November 07, 2024

The Central Bank of Iraq organized a central celebration of the National Job Day by honoring a number of its creative employees with success stories that contributed to the development of work at the Central Bank of Iraq.

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, and the honorable Representative Dr. Ammar Hamad Khalaf, honored the employees who won the National Job Award, which was organized within the bank and in the presence of a representative of the Prime Minister's Office, presenting them with the award shield, praising their efforts and contributions that enhanced the efficiency of the work of their departments and sections, which was reflected in the work of the Central Bank.
His Excellency urged all employees of the Central Bank to make their efforts to be present on the platforms of job success next year, pointing to the support and honoring of an important category of the bank's employees in the Issuance and Treasury Department next year.

The Chairman of the National Job Day Committee, Dr. Alaa Jamal Abdul Redha, praised the efforts made to make the Job Day a success, indicating that today's celebration is an extension of the ongoing efforts to create a platform to recognize job excellence and dedication in the public sector.

 Central Bank of Iraq
Media Office
November 7, 2024

https://cbi.iq/news/view/2708

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

And receive profits via Zain Cash and FIB “Halal” shares without interest start at $100.. The first company to enter Mosul (video)

11/7/2024

Cultural Group (Mosul) 

“Planet of Profit” company manager Harem Ribwar says that it is the first officially registered company to enter Mosul and provide training services for those wishing to trade stocks on global stock exchanges, in addition to providing brokerage services. Ribwar talks about two types of subscriptions, the first starting at $100 for beginners, and the second at $50,000 for professionals, with “completely Islamic and interest-free” services.

The company opened its branch in Mosul in the Cultural Group area on the left side, and works on mediation between the investor and the stock exchange. Today, it has 5 other branches in Kirkuk, Diyala, Erbil, Dohuk, and Sulaymaniyah before opening the sixth branch in Nineveh, while it plans to reach Baghdad and Basra.

Harem Ribwar - Director of Kawkab Al-Rabh Company in Iraq, to ​​964 Network :

Our company is a broker in the financial markets and is licensed by the Central Bank of Iraq and the Ministry of Trade, where it works as a shareholder with the global company ax finanials limited, registered in Wales.

Our main business is to mediate between clients or investors and global markets, we are the first company to bring electronic trading technology to Iraq, and one of our goals in the country is to change investment to a new and correct path.

We are the first official company to enter Nineveh, and we want to contribute to rebuilding Umm Al-Rabi’een and contribute to employing workers.

We have an academy for teaching trading, and we will hold workshops and training in this field for those who wish, and we will bring the best trainers in the field of trading in the financial markets.

We have a “standard” deposit of at least $100, and a “premium” deposit of at least $50,000. All our accounts are Islamic, meaning they are free of interest, and we take the commission from the bank, not the investor.

We established the company last April and opened the first branch in Kirkuk, the second branch in Erbil, then Diyala and Dohuk, and soon in Najaf, Basra, and Baghdad.

The Nineveh branch staff consists of 10 people with scientific specializations, graduates of management and economics, and software engineers. We grant agencies to our employees or investors, through which they can bring customers and take their commission on each customer, which is 50% of the profits.

We have deposits and withdrawals, which are done at our branches, and delivery and receipt are done through Zain Cash and the Iraqi Digital Bank FIB.  LINK

 Clare:  Al-Sudani announces the completion rates of the main projects in the Grand Faw Port

11/7/2024

Iraqi Prime Minister Mohammed Shia al-Sudani announced on Thursday the completion rates of the main projects in the Grand Faw Port in Basra Governorate, in the far south of the country.

This came during a sea tour during which he was briefed on the basic projects in the Grand Faw Port in Basra Governorate, accompanied by the Minister of Transport, the Governor of Basra, a number of representatives and advisors, and the Director General of Ports.

Al-Sudani began his tour, according to a statement issued by his office and received by Shafak News Agency, with the five docks, the handover ceremony of which he sponsored today. He then viewed the other projects he started in the container yard and the dock wall, the completion rate of which reached (100%). He then moved to the submerged tunnel, the completion rate of which reached (58.47%), and is considered one of the most important development road projects.

During his tour, Al-Sudani also reviewed the progress of work on the navigation canal, which has reached a completion rate of (77.41%). His Excellency concluded his tour by reviewing the ongoing work on the road linking the port of Faw and the expressway, which represents the beginning of the strategic development road. The progress rate of work on the linking road has reached (92.42%).

Earlier on Thursday, Al-Sudani said during the ceremony to receive the five berths of the Grand Faw Port in Basra Governorate from the Korean company implementing the work, that his government faced "major challenges" in starting to implement the vital development road project, considering the Grand Faw Port project to be one that will transform the historical geographical situation of Iraq.   LINK

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

Clare:  Al-Sudani: The Grand Faw Port is Iraq's largest project

11/7/2024

 Baghdad /  Prime Minister Mohammed Shia al-Sudani stressed: "The Grand Faw Port is Iraq's largest project," announcing the receipt of the five berths that represent the backbone of the port.

Al-Sudani said in a speech during his patronage of the ceremony of receiving the five berths from the implementing company: "Today we reap the fruits of the effort and follow-up to proceed with the project of Iraq and the people, the Grand Faw Port."

He added: "The project has actually entered the paths of global trade and transport routes that pass through the Middle East region," indicating: "The first phase of the project will be completed next year, according to the timetables."

The Prime Minister continued: "Iraq was and still is a fundamental pillar in the global economy, and today we are facing a new Iraq that begins from the Grand Faw Port, and the development path will be an artery linking most countries in the region."

He explained: "Development and economic transformation are an integrated approach that looks at the dimensions of the country's needs," noting: "The Council of Ministers supported the Ministry of Transport in rehabilitating the railways on the paths of the development path."

He concluded by saying: "Prosperity, providing job opportunities and development windows are among our work priorities, and we will continue to work to support the industry and trade sectors and develop agriculture, and we will expand trade exchange with countries of the world through the Grand Faw Port and the development road."    LINK

 

 

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Lena Petrova: West Shut Down mBridge but Failed to Stop the Global South

Lena Petrova: West Shut Down mBridge but Failed to Stop the Global South

11-7-2024

As the world becomes increasingly multipolar, the narrative surrounding economic alliances has shifted dramatically. The BRICS nations—Brazil, Russia, India, China, and South Africa—have long been seen as a counter-force to Western domination in global affairs.

Recent events surrounding the West’s investment in and subsequent shutdown of mBridge, a digital currency bridge designed to facilitate cross-border transactions, only underline the resilience and determination of the Global South to forge its own path.

Lena Petrova: West Shut Down mBridge but Failed to Stop the Global South

11-7-2024

As the world becomes increasingly multipolar, the narrative surrounding economic alliances has shifted dramatically. The BRICS nations—Brazil, Russia, India, China, and South Africa—have long been seen as a counter-force to Western domination in global affairs.

Recent events surrounding the West’s investment in and subsequent shutdown of mBridge, a digital currency bridge designed to facilitate cross-border transactions, only underline the resilience and determination of the Global South to forge its own path.

mBridge was conceived as a revolutionary digital currency project aimed at streamlining international transactions among participating nations, primarily focusing on simplifying trade across Asia and beyond. Sponsored by central banking authorities from China, Hong Kong, Thailand, and the UAE, the initiative promised to minimize reliance on traditional banking systems, reduce transaction costs, and promote greater financial inclusion.

However, the West viewed this emerging financial network with suspicion. With the idea of creating an alternative to the US dollar—a financial backbone of global trade—mBridge was perceived as a direct challenge to existing economic hegemony. This culminated in pressure tactics and sanctions aimed at stifling its development and adoption.

The West’s attempt to undermine mBridge isn’t the first instance of economic sanctioning in the geopolitical arena. Various nations have been victim to similar strategies, aiming to weaken economies through a combination of targeted sanctions, investment restrictions, and diplomatic isolation. In the case of mBridge, the West’s actions were intended to render the platform impotent by prohibiting collaboration with Western financial and technological institutions.

But history often teaches us that such tactics can bring about unintended consequences. Instead of halting the progress of alternative financial systems, these sanctions have galvanized the Global South to deepen its collaboration, exploring alternative means to circumvent Western control.

While the West sought to stifle mBridge, BRICS countries have united in their resolve to pursue financial independence. Recent discussions and initiatives among BRICS members hint at collaborative efforts to design and implement their own cross-border payment systems. The narrative has shifted from one of dependency on Western models to creating autonomous financial systems that reflect the interests and needs of the Global South.

The BRICS framework is not just about economic mechanisms; it represents a profound ideological shift towards a more equitable multipolar world. By embracing collective decision-making and shared ownership of their economic future, BRICS nations embody the aspirations of many countries that feel overlooked or marginalized in the existing order.

The West’s failure to stifle mBridge reveals a significant truth: the Global South will not quietly acquiesce to external pressures. Instead, they have shown the capability and willingness to harness their collective power to create a system that favors mutual growth and sustainability.

As global dynamics continue to evolve, the story of mBridge serves as a potent reminder: attempts to suppress innovation and progress are as likely to inspire resilience and obstinance as they are to create compliance. The BRICS nations stand firm in their commitment to constructing a financial framework reflective of their priorities and goals.

The “sanctioned” state of BRICS should be viewed not through the lens of Western triumph but as a testament to the power of unity and sovereignty among nations determined to shape their destinies. As the Global South forges ahead, it’s clear that the future is not solely written by the West, and the race for financial independence will only gain momentum in the years to come.

Watch the video below from Lena Petrova featuring Warwick Powell for further insights and information.

https://youtu.be/Nes2lGeKYzk

https://dinarchronicles.com/2024/11/07/lena-petrova-west-shut-down-mbridge-but-failed-to-stop-the-global-south/

 

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

“Coffee With MarkZ” Thursday Morning Chat 11-7-2024

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

MZ: We do not have Militiaman this morning….but he hopes to join tomorrow or Saturday for a brief update.

Member: Good Morning and what a week…..I feel very confident and hopeful the RV is about to be released…….

Member: I feel Nesara is just around the corner.

Member: This week went fast. M,T,W felt like one entire day with a few naps in between!

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

MZ: We do not have Militiaman this morning….but he hopes to join tomorrow or Saturday for a brief update.

Member: Good Morning and what a week…..I feel very confident and hopeful the RV is about to be released…….

Member: I feel Nesara is just around the corner.

Member: This week went fast. M,T,W felt like one entire day with a few naps in between!

Member: Any good news overnight Mark????

Member: Does anyone else feel like something big is coming?

MZ: Great question. There is no bad news. We still seem to be in the RV news doldrums….Which I think is fantastic……because of “who” is quiet.

Member: I would love to hear more about who is quiet and why that excites you!!

MZ: I still go straight to voicemail….With it being 2 days after the election I am hoping they are busy getting it done. I see the light at the end of the tunnel now.

MZ: The news out of Iraq has been overwhelming positive.

MZ: We know auctions for US dollars are due to stop this year. They have been very clear on that. From both the Governor of the Central Bank and Al-Sudani.  The auctions right now are taking trillions of dinar out of circulation ….which increases the purchasing power of their currency…..It is a clear preparation for a change in value.

Member: Iraq's goal is to go cashless by January

Member: Do you still think RV by the 9th? Iraq Parliament is meant to go on recess then???!!

Member: Iraq's Parliament is calling for extending their session until Dec 10 to catch up on pending laws

Member: And Dec. 10th is Victory Day in Iraq where Sudani said the monetary reform would be done by.

MZ: “ Prime Minister: We are facing a new Iraq and the Road to development will be an artery linking most countries”  He is also mentioning the ports like the new Grand Faw port project which will be a mega port. It’s now open and functioning. This is important guys. Iraq will become an artery between Asia and Europe.

MZ: “ Al-Rafadain announces the application of the electronic system in 48 branches in Baghdad and the provinces”  I am certain we will hear more about this from MilitiaMan and crew.

MZ: “Analysis: The Iraq file has deteriorated in Washington recently, but small officials have intervened” in other words the US has eft a void. Iraq is hoping for a more measured and supportive role from the next administration.  Also the support to remove US forces and let Iraq be sovereign.

MZ: Bond side is still quiet like I mentioned earlier.

Member: Are they under NDAs and gone quiet. Intel is out that Tiers have been paid Tier 4 is next

Member: Let's say they pulled the trigger on bonds now …I wonder what's the time frame for us to go?...

MZ: When they pull the bond trigger…..I hear 3 days or so. 

Member: I'm thinking the RV hasn't gone yet because the dollar hasn't crashed yet. I thought that those two things would be simultaneous

Member: Hope we don’t have to long to wait for the Gold backed USN’s

Member: Still hearing the QFS is ready to go and running side by side with the swift system….

Member: Mark... My contact in Zimbabwe has confirmed that the Diamond Mines Values are FAR more Valuable than reported. GREAT News!!!

Member: Fed Meeting Today: Rate Cut, Powell Speech

Member: January 1, 2025 new Foreign Currency Standards Go Live for ALL CURRENCIES.

Member: Citibank has a new branch that will work in foreign currency They have 194 different kind of currency

Member: Hey mark- do we have to pay transaction fees at redemption centers?

Member: does you gut think we will RV before or by Thanksgiving

Member: We need this to be a holiday season to remember.

Member: Learning a LOT of patience waiting for this RV!

Member:  Now let's get this party started!!!    RV!!!

​​Member: anyone else excited about handling millionaire problems, for a change? I'm tired of broke problems

Member: I am Feeling like this will be a beautiful 3 day 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.

 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=SL41aPdPof8

 

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