3 Things To Stop Buying That Are a Waste of Money
I’m a Self-Made Millionaire: 3 Things To Stop Buying That Are a Waste of Money
Andrew Lisa Wed, November 13, 2024 GOBankingRates
Part of the reason so many lottery winners and heirs blow their windfalls shortly after getting rich is that they never learned the skills to manage, guard and grow that kind of money. The other reason is that they never had to sweat, sacrifice and risk the fortunes that fell in their laps.
But self-made millionaires know just how hard it is to build riches worth seven figures — and they’re in no rush to return to where they started. Toiling your way to wealth tends to breed financial discipline, which means passing on things that you might want and can afford. That’s how you turn a small fortune into a large one.
I’m a Self-Made Millionaire: 3 Things To Stop Buying That Are a Waste of Money
Andrew Lisa Wed, November 13, 2024 GOBankingRates
Part of the reason so many lottery winners and heirs blow their windfalls shortly after getting rich is that they never learned the skills to manage, guard and grow that kind of money. The other reason is that they never had to sweat, sacrifice and risk the fortunes that fell in their laps.
But self-made millionaires know just how hard it is to build riches worth seven figures — and they’re in no rush to return to where they started. Toiling your way to wealth tends to breed financial discipline, which means passing on things that you might want and can afford. That’s how you turn a small fortune into a large one.
A Millionaire Guards His Wealth After Almost Losing It All
Brian David Crane is the founder and CEO of Spread Great Ideas, a multi-million dollar fund that invests capital “and sweat equity” into digital businesses and e-commerce brands. He’s helped launch four multi-million-dollar companies, including Archives.com, which Ancestry.com acquired for $100 million three years after its launch.
His hard work paid off, and he’s now a self-made millionaire — but you wouldn’t know it by looking at his lifestyle.
“I learned the hard way very early in my entrepreneurship journey that splurging without the correct checks and balances can make one a pauper,” said Crane. “When I sold my first company in my late 20s, I made some foolish investment decisions that brought me close to bankruptcy. I am lucky that I learned fast.”
Here are the things he doesn’t splurge on to ensure he doesn’t repeat his early career mistakes and risk all that he’s worked so hard to build.
Designer Luxury Brands
Movie, music and sports stars are infamous for squandering their fortunes on shiny things and status symbols that social media influencers peddle without mentioning that they’re depreciating assets.
Crane wants nothing to do with any of it. His favorite status symbol is one you can’t wear, drive or fly — a bulging bank account.
“With truckloads of money, you may be enticed to buy the flashiest, trendiest stuff, whether apparel or cars,” he said. “Know and understand the importance of quality and cost. Remember that when you put depreciation costs into effect, the luxury brands can punch a hole in your pocket, which you could have used to buy quality apparel from a cheaper store. Extravagance may look good to the eyes, but you can do better by putting the same money into more appropriate investments.”
Mansions
TO READ MORE: https://www.yahoo.com/finance/news/m-self-made-millionaire-3-130010968.html
More News, Rumors and Opinions Thursday PM 11-14-2024
TNT:
Tishwash: Will Iraq be the savior of the countries of the region if oil prices fall?
Economic expert Safwan Qusay spoke about Iraq’s ability to confront the decline in global oil prices, pointing out that leaving the single economy and focusing on non-oil imports has become a necessity to restore the Iraqi economy.
Qusay said, "If oil prices rise by a hundred dollars, it is possible that the quantities that were voluntarily reduced by OPEC will be re-pumped, noting that "there are no less than two million two hundred thousand barrels that have been voluntarily reduced."
He added, "It is not in the interest of oil producers to raise oil prices above $100 because that will support investments in shale oil, indicating that the producing countries are trying to control the price between $70 and $100."
TNT:
Tishwash: Will Iraq be the savior of the countries of the region if oil prices fall?
Economic expert Safwan Qusay spoke about Iraq’s ability to confront the decline in global oil prices, pointing out that leaving the single economy and focusing on non-oil imports has become a necessity to restore the Iraqi economy.
Qusay said, "If oil prices rise by a hundred dollars, it is possible that the quantities that were voluntarily reduced by OPEC will be re-pumped, noting that "there are no less than two million two hundred thousand barrels that have been voluntarily reduced."
He added, "It is not in the interest of oil producers to raise oil prices above $100 because that will support investments in shale oil, indicating that the producing countries are trying to control the price between $70 and $100."
Qusay pointed out that "Iraq will be the greatest savior for the countries of the region because it has dollar reserves and has a strategic reserve in terms of oil production," indicating that "if the government succeeds in containing the conflict and not being dragged directly into the region's unrest, the Iraqi economy will be pulled from the war zone to the development zone."
Qusay explained that "Iraq is able to confront the decline in oil prices, knowing that there is no decline in prices below seventy dollars because OPEC is the one that determines the quantities of production and is determined to remain within the region of 70-100 dollars per barrel."
He added, "The surplus that accumulated during the previous period of this year, in which Iraq sold at no less than $80 per barrel, enables Iraq to confront price changes."
He pointed out that "Iraq has begun to diversify its economy by investing in oil derivatives and stopping the burning of associated gas, in addition to stopping the import of materials that could be included in the ration card, noting that "the government has opportunities in the matter of sustainable financing through the reserves of the Central Bank or through the sale of oil shares if revenues fail to reach their goals." link
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Tishwash: Sudanese advisor indicates an increase in the Central Bank's foreign exchange reserves
The Prime Minister's Financial Policy Advisor, Mazhar Mohammed Salih, confirmed today, Wednesday, the increase in the accumulation of foreign reserves of the Central Bank of Iraq.
Saleh said in an interview with Al-Maalouma Agency, “There is a direct correlation between the current account surplus of the Iraqi balance of payments and the development of the foreign reserves of the Central Bank of Iraq.”
He explained that "as long as there is a surplus in the current account of the balance of payments that has been achieved during the current year, which is positively indicated by the accumulation of the foreign reserves of the Central Bank of Iraq during 2021, with a change rate towards an increase of more than 20% compared to the levels of 2020.”
He pointed out that "foreign currency coverage of the Iraqi dinar has increased and is approaching matching its coverage of the basic currency."
He added that "the monetary policy of the Central Bank of Iraq enjoys the availability of a strong foreign reserve tool that can maintain the purchasing power of the Iraqi dinar and confront inflationary expectations with high and comfortable capacity through the power of intervention in imposing stability in the exchange market through open market operations practiced by the monetary authority to achieve the operational goals of monetary policy with ease and flexibility.” link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 ...When you look at the monetary reform education right now, with all this information occurring right now, then one can logically say it has already started. The moment they show those pictures [of the lower notes] it's all over with and I strongly believe they're going to show them this year. To me November, December and January and February, it's all the same year. It's the process.
Bruce [via WiserNow] ...we got one piece of Intel, one piece but it might be all we need...And Here's how it went, we did speak to someone who is at a redemption center. This person said that they were told that they were waiting for the US, the new US Treasury, to make an announcement ...an announcement from the new US Treasury and the email from Wells Fargo, both of those to happen within next three days...Wednesday, Thursday and Friday... it could happen anytime those three days, or it might take all the way to Friday... let's...see where we stand at that point
BRICS: De-Dollarization Is Unstoppable
Geopolitical Analyst: 11-13-2024
Whether you like it or not, the de-dollarization agenda kick-started by the BRICS alliance is here to stay. There is no denying that the US dollar reigns supreme despite multiple global challenges, but how long can it fend off its adversaries?
In the early 20th century, the United Kingdom had its colonies all across the world and ran a famous phrase ‘the sun never sets on the British empire’. Its territories were so large, that you were considered crazy if you would think it would all end someday.
In no surprise, the sun did set on the British empire just 45 years after the phrase came into existence.
The UK is now a country struggling with finances and its colony India, which is a BRICS member has surpassed it through a robust GDP. The turn of events could be brutal as time passes by and those who think that the US dollar will remain supreme forever need a reality check of the British empire.
De-Dollarization is Difficult and Takes Time, But Won’t Stop for sure. The BRICS bloc confirmed that the de-dollarization agenda is a long-term goal and will fight could go on for decades.
The more the fight prolongs, the higher the chances are of bringing the US dollar down from the reserve currency status.
How the endless wars brought down the British empire, a similar fate could hit the US dollar. The New Development Bank, commonly called the BRICS bank made it public that de-dollarization is not a short-term goal. “The development of anything alternative is more a medium to long-term ambition,” said Leslie Maasdorp, VP of New Development Bank to Fortune.
The White House needs to take the challenge seriously and not brush off the de-dollarization agenda kick-started by BRICS. If the US remains prepared to take on the challenges, emerging economies will find it difficult to pull through. Knowing the steps the enemy takes can help America fight off the challenges provoked by the bloc.
Could Trump End the Federal Reserve System?
Could Trump End the Federal Reserve System?
Palisades Gold Radio: 11-13-2024
In a recently aired episode of Palisades Gold Radio, host Tom Bodrovics welcomed back Christopher Aaron, a well-respected figure in the world of precious metals and founder of iGold Advisor. With the dust settling post-U.S. election and the Federal Reserve’s recent meeting, Aaron’s insights into the market sentiment surrounding gold provide both clarity and caution for investors looking to navigate this complex environment.
The episode delves into the immediate responses from investors regarding gold, as various factors—including election outcomes and Federal Reserve policies—begin to shape market perception. Aaron emphasizes the importance of understanding market cycles and where gold currently stands.
Could Trump End the Federal Reserve System?
Palisades Gold Radio: 11-13-2024
In a recently aired episode of Palisades Gold Radio, host Tom Bodrovics welcomed back Christopher Aaron, a well-respected figure in the world of precious metals and founder of iGold Advisor. With the dust settling post-U.S. election and the Federal Reserve’s recent meeting, Aaron’s insights into the market sentiment surrounding gold provide both clarity and caution for investors looking to navigate this complex environment.
The episode delves into the immediate responses from investors regarding gold, as various factors—including election outcomes and Federal Reserve policies—begin to shape market perception. Aaron emphasizes the importance of understanding market cycles and where gold currently stands.
Amidst the uncertainty, Aaron advises against abandoning precious metals entirely. Unforeseen circumstances can arise, making gold a valuable hedge against volatility. As market conditions evolve, the historical resilience of gold has shown that it often serves as a safe haven during turbulent times.
Bodrovics and Aaron explore the notable influences of the recently concluded U.S. election and the ongoing Fed meetings. They dissect how the political climate—particularly involving the potential implications of a Trump presidency—affects market dynamics. Importantly, discussions also touch on the Dow to Gold ratio, highlighting how this relationship can indicate broader market trends.
The gold to silver ratio is another focal point of Aaron’s analysis. By examining the trends in this ratio, he provides insights into the potential implications for investors. Historically, silver’s performance can closely relate to industrial demand and economic conditions, which can diverge significantly from gold’s typically more stable value.
The discussion also highlights the potential for significant changes within the government and their relationship with the Federal Reserve. Aaron notes Ron Paul’s long-time advocacy for ending the Federal Reserve System, positing that his presence in a potential Trump administration could signal a deliberate pivot in monetary policy.
The expected timeline for tax cuts and regulatory changes, as discussed in the episode, should prompt investors to consider wider implications as the new administration settles into office.
As the episode winds down, both Bodrovics and Aaron stress the importance of maintaining a holistic view of investments. While precious metals remain crucial, diversifying across various markets can mitigate risk and capitalize on emerging opportunities.
The insights from Christopher Aaron on Palisades Gold Radio serve as a valuable reminder for investors: navigating the current financial landscape requires both acute awareness and flexibility. As election outcomes ripple through the economy and the Federal Reserve makes pivotal decisions, one thing is certain—being informed and prepared is paramount.
In the world of precious metals and beyond, understanding market cycles and broader economic themes will empower investors to make wise and timely decisions in an ever-changing environment.
Coffee with Zester. 11/14/2024 “Hidden in S.4912 - BITCOIN Act of 2024”
Coffee with Zester. 11/14/2024 “Hidden in S.4912 - BITCOIN Act of 2024”
Some highlights by PDK-Not verbatim
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: Zester has the helm this morning as I am traveling-Not RV related.
Member: Good Morning all!! Blessings on all that you do
Member: GM Zester and fellow hopium addicts……is this our week???
Zester: I do have a news update today from pops. He is on his way back to the states and he may be able to pop on for tonight’s podcast. We will see.
Coffee with Zester. 11/14/2024 “Hidden in S.4912 - BITCOIN Act of 2024”
Some highlights by PDK-Not verbatim
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: Zester has the helm this morning as I am traveling-Not RV related.
Member: Good Morning all!! Blessings on all that you do
Member: GM Zester and fellow hopium addicts……is this our week???
Zester: I do have a news update today from pops. He is on his way back to the states and he may be able to pop on for tonight’s podcast. We will see.
Member: Just curious if your dad traveled to the states to do his exchange? Maybe wishful thinking??
Member: Its very interesting that he left for the states and did not mention it last night…hmmmmm
Zester: This trip happened in a bit of a rush even though he had been planning a trip back home for the middle of November in order to see family. It just happening on different days then he expected.
Member: I was hoping Mark signed a NDA and couldn't tell Zester.
Zester: From Iraq: It appears there is progress on the Erbil HCL agreement I am posting links to these in chat….for you all to share
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Zester: On the bond and banking side today….things remain particularly quiet. Pops is looking forward to having more information this evening…but he is particularly happy about progress in Iraq at this time.
Member: This is the calm before the storm…..or the deep breath before the RV plunge.
Member: Nadar said the Dinar is on the FOREX.
Member: Remember Sudani says Monetary reform done by Dec 10……hope its true.
Zester: “BRICS members hoping to develop a digital BRICSPAY crypto currency international trade system” BRICSPay is making the announcement to counter the US Petro dollar.
Zester: We have heard about the I-Dinar in Iraq …and countless other digital currencies from many other nations that are primarily backed by natural resources. These countries are major raw materials producers. We are seeing a massive push for an international crypto currency trade system
Zester Pops wanted me to highlight a bill that Senator Cynthia Lummis put out. The Bitcoin act of 2024. This is a bill that is supported by Donald Trump and a growing list of Congressional folks on both sides of the aisle.
S.4912 - BITCOIN Act of 2024 https://www.congress.gov/bill/118th-congress/senate-bill/4912
Zester : The plan behind this bill is to create a strategic Bitcoin reserve in order to back up the Us economy. And there are interesting ways to go about this. By doing this the plan is to massively reduce our national debt . Cynthia Loomis estimates we could eliminate half of our national debt solely by maintaining a Bitcoin national reserve in the coming decades…..
Zester: It gets very interesting when we look at what is actually in the bill. This is what pops wanted me to cover. It says Bitcoin Act of 2024…but this is not a crypto Bill. This bill also talks about gold reserves and actually creating a financial backing to the US economy. And it plans on doing that by actually going after the Federal Reserve.
Zester: I find this to be extremely interesting. They are talking about purchasing $200,000 Bitcoin per year…over a 5 year period with a goal of reaching a million Bitcoin which is about 5% of the total Bitcoin out there. The US already has about $100,000 Bitcoin supposedly ….But if you add another million to that it puts US at owning 5% of all the Bitcoin on the planet.
Zester: The reason behind this as I stated earlier …is to back up the US economy and to “decentralize” the US economy. The most interesting parts of this are the “proof of reserves system” and offsetting the cost and how they plan on paying for it.
Zester: The “Proofs of Reserves system “ requires the secretary to provide a quarterly proof of reserves that would be publically available. Everyone in the public would be able to see the balance sheet fr the Department of the Treasury. Including an independent third party auditor to verify the accuracy and integrity
Zester: This means they will actually bring the power back to the American people and the US Treasury to audit US reserves.
Zester: It has been up to the Federal Reserve in most cases in the past to tell us what they have. So this bill which includes crypto and other parts are not about crypto. It is also about removing power from the US Federal Reserve bank system
Zester: This bill is designed to set up a decentralized and secure network of Bitcoin and crypto holding facilities across the United States in order to decentralize the wealth of the nation and protect our futures.
Zester: It allows for states to voluntarily participate and then states can start their own sovereign funds in separate and segregated accounts from Federal Reserve money and sole ownership would remain with the states . This is huge and will allow for states to start having accountability in their own books.
Zester: How will they pay for this? The Federal Reserve has to actually give the US Treasury its money back.
SEC. 9. Offsetting the cost of the strategic Bitcoin reserve.
(a) Discretionary surplus funds of federal reserve banks.—Section 7(a)(3)(A) of the Federal Reserve Act (12 U.S.C. 289(a)(3)(A)) is amended by striking “$6,825,000,000”and inserting “$2,400,000,000”.
(b) Use of remittances to treasury.—
(1) IN GENERAL.—Notwithstanding the second subsection (b) of section 7 of the Federal Reserve Act (12 U.S.C. 290), for fiscal years 2025 through 2029, if the Federal reserve banks remit net earnings to the general fund of the Treasury during that period, the first $6,000,000,000 of these remittances (before repayment of any deferred asset) in a fiscal year shall be utilized by the Secretary for the implementation of the Bitcoin Purchase Program, pursuant to the purposes set forth under section 5.
(2) EXCEPTION.—Paragraph (1) shall not apply if the Federal Reserve banks do not remit net earnings in any given fiscal year during the period of fiscal years 2025 through 2029.
(c) Federal reserve system gold certificates.—Not later than 180 days after the date of enactment of this Act, the Federal reserve banks shall tender all outstanding gold certificates in their custody to the Secretary. Not later than 90 days after the tender of the last such certificate, the Secretary shall issue new gold certificates to the Federal reserve banks that reflect the fair market value price of the gold held against such certificates by the Treasury, as of the date specified by the Secretary on each new gold certificate. Upon issue by the Secretary, each Federal reserve bank that receives a new gold certificate shall remit the difference in cash value between the old and new gold certificates to the Secretary for deposit in the general fund within 90 days.
Zester: This is HUGE. They are going to revalue the gold held by the United States!!! And this paragraph is not about crypto currency. For those wondering what this means…Currently the Federal Reserve values all US gold at $42.00 a troy ounce….…If you were to look up the price of gold right now- you will see it is trading at about $2,569.00 per troy ounce……..
Zester: This means if the Federal Reserve Bank was forced to pay the difference in cash values between the new and old gold certificates- they would be on the hook for a huge bill.
Zester: Say the US Treasury revalues gold at $2,500.00 point….This would mean that for every single gold certificate-the Federal Reserve bank holds –they would owe the US Government @2,570.00 dollars minus $42.00 dollars…..so $2,528.00 per gold certificate that would need to be paid to the US treasury by the Federal Reserve banks.
Zester: This would bankrupt the Federal Reserve. The Federal reserve would not be able to pay back the gold it has improperly been valuing to the US Treasury. That is what makes this so HUGE. This is the revaluation of precious metals by the United States and the destruction of the Federal Reserve all in one bill…...
Zester: This is a legitimate bill on Congress.Gov . This is legitimate legislation and public information. This is a bill that will be introduced in the next administrations early days. If passed in its current form it would bankrupt the Federal Reserve.
Zester: Pops feels we will be discussing his topic a lot in the near future. And this could be how we see the revaluation of precious metals in the new financial system and get our natural resources properly valued to back our currencies. . And all of this is hidden inside a Bitcoin Act.
Member: This would definitely End the Fed.
Member: This is going to make the federal reserve insolvent, which is a good thing…
Member: This is about having a gold backed currency right???
Member: Is this an announcement of the new USTN?!!!!!!
Zester: one more Thing I really like in this Bill is “Protection of Property Rights”
(a) Rules of construction.—Nothing in this Act shall be construed to—
(1) authorize the Federal Government to seize, confiscate, or otherwise impair any property right in the lawfully acquired Bitcoin holdings of any person; or
(2) infringe upon the rights of individuals, businesses, or organizations to purchase, hold, transfer, or dispose of Bitcoin in accordance with the law.
(b) Affirmation of rights.—This Act affirms and protects the rights of persons to maintain full lawful control over the Bitcoin and other digital assets of those individuals, recognizing that the ability to maintain self-custody of private keys is fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.
Zester: so not only does this bill ensure the Federal Reserve cannot pay its bills…but ensures that we get properly valued gold (and most likely silver) and affirms our rights to self -custody of our money.
Member: WoW $11 billion dollars at $2050 would be $22,550 TRILLION dollars.
Zester. Yes the say there is 11 billion in gold certificates valued at $42.00 a troy ounce. This is where the US can pay off its debt. This is where we return power pack to the US treasury where it should have been all along. This bill was introduced with Trump onstage at the Bitcoin conference and is expected to be up for vote in 2025.This needs to brought to the main stream media.
Zester: This is going to be an insanely exciting bill to follow in the legal system. I hope you all read the bill….. S.4912 - BITCOIN Act of 2024 https://www.congress.gov/bill/118th-congress/senate-bill/4912
Zester: This bill is authored by Senator Cynthia Lummis – A Republican from Wyoming.
Member: I believe this is our USN’s, And QFS all rolled up in one. WOW
Member: How does this affect the RV?
Zester: Remember all of these currencies that are backed by nations and primarily “resource rich” well, the revaluation of those metals and resources would essentially mean a revaluation of the nation’s value which will become extremely important. Also a way to say “Hello Nesara/Gesara. I don’t believe any of us were expecting things to happen this way.
Zester This could just be a back up plan…and things could still happen sooner but I find it extremely exciting. Keep in mind that if the United States revalues our gold would essentially result in the rest of the world doing so
Member: Including Iraq and all the other currencies we hold. Zimbabwe would be crazy rich.
Member: What an amazing time to be alive!!!
Member: Thanks Zester for being here today. What a wonderful podcast today. Thank you for explaining things so well.
Member: our future is so bright- we have to wear shades.
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!
Seeds of Wisdom RV and Economic Updates Thursday Morning 11-14-24
Good Morning Dinar Recaps,
BLACKROCK EXPANDS TOKENIZED MONEY MARKET FUND BUIDL TO FIVE MORE BLOCKCHAINS
Today Securitize, BlackRock’s tokenization partner, announced that BlackRock’s money market fund, BUIDL, is now available on five additional blockchains. It launched in March on Ethereum and has now expanded to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon.
BUIDL is the largest tokenized money market fund on a public blockchain with a market capitalization of $517 million. Ondo Finance has issued its own money market fund backed by BUIDL, so it accounts for $192 million of BUIDL’s balance. While BlackRock has a minimum investment of $5 million, Ondo’s OUSG has a $5,000 minimum and also temporarily waves fees.
Good Morning Dinar Recaps,
BLACKROCK EXPANDS TOKENIZED MONEY MARKET FUND BUIDL TO FIVE MORE BLOCKCHAINS
Today Securitize, BlackRock’s tokenization partner, announced that BlackRock’s money market fund, BUIDL, is now available on five additional blockchains. It launched in March on Ethereum and has now expanded to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon.
BUIDL is the largest tokenized money market fund on a public blockchain with a market capitalization of $517 million. Ondo Finance has issued its own money market fund backed by BUIDL, so it accounts for $192 million of BUIDL’s balance. While BlackRock has a minimum investment of $5 million, Ondo’s OUSG has a $5,000 minimum and also temporarily waves fees.
Notably, BUIDL has management fees of 50 basis points on most blockchains but it’s only 20 bps on Aptos, Avalanche, and Polygon, with the lower costs subsidized by foundations associated with the blockchains.
“We wanted to develop an ecosystem that was thoughtfully designed to be digital and take advantage of the advantages of tokenization,” said Securitize CEO and co-founder Carlos Domingo. “Real-world asset tokenization is scaling, and we’re excited to have these blockchains added to increase the potential of the BUIDL ecosystem.
With these new chains we’ll start to see more investors looking to leverage the underlying technology to increase efficiencies on all the things that until now have been hard to do.”
In October Securitize integrated with Zero Hash to allow digital asset firms to use USDC to buy BUIDL and keep their funds on-chain. For some time the USDC stablecoin issuer Circle has said it stands ready to buy BUIDL funds for USDC, allowing investors to exit their investment whenever they like. On a related point, we previously explored why asset managers might want a shared stablecoin.
@ Newshounds News™
Source: Ledger Insights
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RIPPLE NEWS: XRP DOCUMENTARY TO ‘BLOW OPEN THE SEC LAWSUIT AGAINST RIPPLE’; FIRST REVIEWS OUT
The highly anticipated XRP documentary, “XRP Unleashed/ Rigged from the Start”, has officially premiered in Scottsdale, Arizona, drawing significant attention in the crypto world. The film explores the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).
Fans of the XRP saga can look forward to more opportunities to watch the documentary, as plans for a second screening tour in other cities are under consideration. For those unable to attend in person, the film will be available for streaming on the official website starting November 21.
First Reviews Out:
A user named Jeremy Quintanilla took to X and wrote, “Don’t miss @Fruition_Films XRP Unleashed! #XRPArmy What a f...ing amazing story that blows the story open the SEC Lawsuit against @Ripple.”
Ray Fuentes said, “The #XRPUnleashed premiere in Scottsdale was a success! Big congrats to @Fruition_Films and everyone involved in creating this impactful documentary. Major bombs were dropped!”
XRP Price Hints at Big Rally
XRP has recently reacted to a key support zone that has been closely watched for months. This support area has been significant since July 2023, and the price has dipped into this zone a few times already, including in July, August, and November. This pullback is part of a larger corrective pattern, and it looks like XRP is now testing this support again.
The key target for XRP remains a price range between $1.26 and $1.99, and the next critical level to watch is around the 66-70 cent mark. If XRP stays below this level, it could continue to show bearish momentum. However, a breakout above this level could signal a shift toward a more bullish outlook.
Currently, XRP is attempting a move higher, but the price action has been weak and uncertain. If this upward move continues, it might be part of a larger corrective structure, with a possible pullback before another rise. The ultimate target, if the upward trend continues, is between 83.8 cents and $1.17, based on key Fibonacci levels.
@ Newshounds News™
Source: Coinpedia
Also watch the trailer here:
RIGGED FROM THE START, EXPOSING THE SEC'S WAR ON CRYPTO, Trailer | Youtube
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🌱 MONEY #CONSTITUTION #SOVEREIGNTY #MONEY | Youtube
with Mason -- Ask questions here: The Constitution Intel history and more
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
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6 Things You Should Never Put in a Living Trust
6 Things You Should Never Put in a Living Trust
Preston Hartwick
Tue, November 12, 2024 GOBankingRates
Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to prepare for the management of their estate, according to LegalZoom.
One essential tool for estate planning is a living trust. It allows your assets to bypass the lengthy, costly probate process and maintains your financial privacy.
Since a living trust can be amended or revoked at any point during your lifetime, it also serves as a flexible way to control your assets, avoid family disputes and ultimately provide peace of mind knowing that your estate will be managed according to your wishes
6 Things You Should Never Put in a Living Trust
Preston Hartwick Tue, November 12, 2024 GOBankingRates
Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to prepare for the management of their estate, according to LegalZoom.
One essential tool for estate planning is a living trust. It allows your assets to bypass the lengthy, costly probate process and maintains your financial privacy.
Since a living trust can be amended or revoked at any point during your lifetime, it also serves as a flexible way to control your assets, avoid family disputes and ultimately provide peace of mind knowing that your estate will be managed according to your wishes.
However, not every type of asset belongs in a living trust. This article will cover the assets you should exclude from your living trust and why.
Things To Leave Out of Your Living Trust
Including certain assets in a living trust can complicate estate management, trigger tax consequences or negatively impact the asset’s value.
While it’s always a good idea to consult an estate planning attorney for legal advice, consider excluding the following assets to maximize the benefits of your living trust:
1. Retirement Accounts
Retirement accounts like 401(k)s and IRAs can trigger tax consequences if you include them in your living will.
Since your living trust is a separate legal entity, any transfers you make from a retirement account count as a withdrawal. This makes transfers taxable and subject to penalties for early withdrawal.
One way to avoid this issue is to name the living trust as a beneficiary on the retirement account. Any funds in the account transfer to the trust upon your death and are distributed to other beneficiaries according to your will.
2. Health Savings Accounts and Medical Savings Accounts
Health savings accounts (HSAs) and medical savings accounts (MSAs) only offer tax-free growth if you use the money for medical expenses. Therefore, transferring an HSA or MSA to a living trust would cause you to lose this tax protection.
By keeping HSAs outside your trust and designating beneficiaries directly, you can continue to enjoy the tax benefits of your HSA or MSA.
3. Active Bank Accounts
You can include checking accounts or other active financial accounts into your living trust, but there are easier ways to transfer funds to your heirs and bypass the probate process.
News, Rumors and Opinions Thursday AM 11-14-2024
“Thanksgiving, Christmas again” by Texastreeman – 11.13.24
Well hello family.
Good to see all of you and hear from you.
Well as you can see the holidays are here again, but no money again.
We hear about the QFS accounts! They are ready.
Alliances how about giving us a wonderful Thanksgiving by allowing us release of our funds .
“Thanksgiving, Christmas again” by Texastreeman – 11.13.24
Well hello family.
Good to see all of you and hear from you.
Well as you can see the holidays are here again, but no money again.
We hear about the QFS accounts! They are ready.
Alliances how about giving us a wonderful Thanksgiving by allowing us release of our funds .
There is a lot of us lost our homes. Lost our jobs. Lost our cars. Lost family members waiting, waiting for this to happen.
Reward us this year with some funds. Since we have cover your butts over all the years telling people this is real. This is going to save the world. We are being called crazy to believe in this project.
We can see the writing on the wall for another year, telling our kids, sorry no Christmas again because we have lost everything believing in this to help the world.
Alliances you can show us some grace by allowing us to go before Thanksgiving, or allowing our R&R funds in the QFS account.
That will make our wife’s, kids happy. We could put a smile on their faces.
Give us a report thru Judy daily Intel.
Thank you alliances for listening our concern over another holiday.
By Texastreeman
https://dinarchronicles.com/2024/11/13/thanksgiving-christmas-again-by-texastreeman-11-13-24/
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Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 14 Nov. 2024
Compiled Thurs. 14 Nov. 2024 12:01 am EST by Judy Byington
Judy Note: There was no news that I could find about the RV on Wed. 13 Nov. 2024:
Tues. 12 Nov. 2024 Bruce: A Redemption Center person was told that within the next three days they would get an announcement from the US Treasury. Then the Redemption Center Leaders would receive an email from Wells Fargo which would give them the start time for Tier4b (us, the Internet Group).
Tues. 12 Nov. 2024 Wolverine: “I went to a meeting and was told it was defiantly happening. Don’t know when, but it is definitely happening. I am not allowed to say much but we will certainly have a wonderful Christmas….I was just informed by B that our closing schedule will be released by the Admiral on or before Sunday midnight (17 Nov. 2024). That will be final.”
Wed. 13 Nov. 2024: GESARA: Why It’s Happening and How It Affects You – GCR & QFS Reveal the Iraqi Dinar’s Path to Profit and NESARA’s Vision for a Wealth-Distributed America! – Gazetteller
Tues. 12 Nov. 2024: UPDATE: New List of 209 Countries That are Connected to The QFS System or are Being Connected – QFS + RTGS Trust The Plan! – amg-news.com – American Media Group
Tues. 12 Nov. 2024: EXPOSED: NESARA GESARA Initiatives Reveal the Fall of Corrupted Banks, Stock Market Collapse, and Deepstate Corporations in the Vatican – amg-news.com – American Media Group
Read full post here: https://dinarchronicles.com/2024/11/14/restored-republic-via-a-gcr-update-as-of-november-14-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 High inflation, debt, terrorism, parliament, the auctions, they were the reasons for a program rate but not any longer...The 7.3% increase in [Iraqi] private banks is because of the success of the monetary reform education... [Iraqi citizens] are once again trusting your banks and that was very important for the security and stability of your new exchange rate that is coming to you.
Walkingstick [Iraqi Bank manager friend Aki Update] AKI: I got the billboards in the banks but you know they're already in place. Everything is electrical. These are TV screens. They are already in place in our banks. I got them in my banks. Your question was about billboards in banks. No, we call those posters. They will have pictures and descriptions yes.
Why Is Gold Price Crashing? Will Selloff Intensify? Gary Wagner Answers
David Lin: 11-13-2024
Gary Wagner, Editor of TheGoldForecast.com, discusses the recent drop in gold price and the outlook for the price from here.
0:00 - Market sentiment shift
2:16 - Dollar and gold
3:28 - Gold and geopolitics
5:25 - Inflation and bond yields
6:28 - Gold price technicals
15:09 - Upside target for gold
18:55 - Gold’s floor
22:45 - Silver
25:00 - What to do with gold
“Tidbits From TNT” Thursday Morning 11-14-2024
TNT:
Tishwash: Financial inclusion and banking restructuring
The current government 's interest in the banking sector has become striking to the point that it can be said that the government is actually undertaking the "financial inclusion program, whose founders aim to deliver services to all regions of the country and include all societal and age groups with these services with the aim of encouraging all citizens to open bank accounts, and then withdraw the cash mass hoarded by the public, which the Central Bank estimates at about 70 percent of the issued cash, and circulate it in the banking arena activities, with the aim of raising credit rates
TNT:
Tishwash: Financial inclusion and banking restructuring
The current government 's interest in the banking sector has become striking to the point that it can be said that the government is actually undertaking the "financial inclusion program, whose founders aim to deliver services to all regions of the country and include all societal and age groups with these services with the aim of encouraging all citizens to open bank accounts, and then withdraw the cash mass hoarded by the public, which the Central Bank estimates at about 70 percent of the issued cash, and circulate it in the banking arena activities, with the aim of raising credit rates and contributing to creating real development.
On this basis, the Prime Minister's Office's statement came in this regard recently, which referred to some of the challenges facing the efforts to reform the financial and banking system, as one of the priorities of the government program, while the statement identified a number of steps with the aim of confronting these challenges and ensuring the strengthening of confidence in the financial and banking sectors, facilitating the process of economic development, and raising indicators of financial inclusion.
However, the clear intersection between the government's direction and the banking restructuring program indicates a number of observations that are directly related to these steps, such as the contradiction between what was stated in the content of these government steps, and the banks' procedures regarding restructuring, as some government banks have taken steps The issue of restructuring, which was apparently limited to the merger of large numbers of branches of operating government banks, included branches on the outskirts of governorate centers and in the middle of them, which undermined the service area in which these banks operate.
This completely intersects with the financial inclusion program, one of the tools of which the statement specified is “providing banking services to different segments of society, including districts and sub-districts in villages and rural areas.”
The steps mentioned in the statement, which are in the process of intensifying efforts, did not indicate the issue of the conditions previously set regarding raising the capital rates of banks to about 450 billion dinars by the end of December 2024, which obligated all private and government banks in this regard, otherwise these banks will be merged or liquidated, if we know that some government banks whose many branches have been merged still have a large number of branches, and these branches still provide their daily services to large numbers of the public, while they are exposed to merger or liquidation
Even some administrations are unable to make some decisions related to developing services, because they realize that the fate of their banks will end in merger or liquidation, and this is what makes the intersection clear in the government's direction regarding developing the performance of banks and expanding the scope of services with the restructuring program implemented by the relevant authorities. link
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Tishwash: IMF praises positive developments in Iraq in financial and banking aspects
The International Monetary Fund praised, on Wednesday, the positive developments witnessed by Iraq in the financial and banking aspects .
A statement by the Presidency of the Republic received by "Mil" stated that "President of the Republic, Abdul Latif Rashid, received today, Wednesday, at his residence in the Azerbaijani capital, Baku, the Director of the International Monetary Fund, Kristalina Georgieva, as part of His Excellency's participation in the United Nations Climate Conference (COP29)."
He added, "During the meeting, the cooperation relations between Iraq and the International Monetary Fund and ways to enhance them in the context of supporting the development path in Iraq were reviewed. During the meeting, His Excellency the President of the Republic stressed Iraq's endeavor to implement integrated programs and plans to stimulate the economy and support the financial and banking reform process ."
Rashid thanked the International Monetary Fund for what it did to support Iraq's budget during the crises it faced and overcame, stressing the "importance of completing coordination and joint cooperation in order to continue efforts to combat corruption, support investment, and develop the private sector, leading to building a strong, cohesive, and recovering economy ."
For her part, Kristalina explained that "the primary mission of the International Monetary Fund is to provide support to countries' budgets during crises, and this is what the Fund did with Iraq during a difficult period, but it overcame it," praising "the positive developments that Iraq witnessed in the financial and banking aspects and in the field of stimulating the investment environment, which contributed to a decrease in the inflation rate, growth in the non-oil GDP, and implementation of controls that contribute to combating money laundering." link
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TNT: Among them is the population census.. Revealing the details of Al-Sudani’s visit to Kurdistan
Political analyst Ali Al-Baydar confirmed, today, Wednesday (November 13, 2024), that Prime Minister Mohammed Shia Al-Sudani's visit to Kurdistan includes 5 files.
Al-Baydar said in an interview with Baghdad Today that "Al-Sudani's visit to Kurdistan aims to mediate between the Kurdish parties, with the aim of forming the next Kurdistan government, in addition to the file of the general population census, and reassuring the Kurds about the concerns they have."
He added, "The other file is the Turkish efforts to revive peace with the Kurdistan Workers' Party, the Sinjar issue, and the implementation of the agreement with Iran regarding the presence of Iranian opposition parties within the borders of the region."
Al-Baydar pointed out that "the Kurds are a key player and an important partner in the political process, and everyone is trying to win their favor, and Al-Sudani deals as a statesman, and comprehensively with the issues of the homeland, with the region or even the files within Kurdistan."
Prime Minister Mohammed Shia al-Sudani arrived in the Kurdistan Region of Iraq today, Wednesday (November 13, 2024), on a visit that includes the cities of Erbil and Sulaymaniyah.
The visit comes within the framework of the federal government's efforts to enhance cooperation with the Kurdistan Regional Government, and find solutions to issues affecting the relationship between the region and the central government. link
Member: . Helpful Hint on Cooking Ur Turkey This Year!!!
Mot: ...... Just Saying glad Im not a turkey
Iraq Economic News and Points to Ponder Wednesday Evening 11-13-24
What Did Iraq Achieve In Its Meetings With The US Treasury, And Did It Succeed In Controlling The Sale Of The Dollar?
Economy 2024-11-12 | 4,949 views Alsumaria News – Economic The Central Bank of Iraq announced progress in the procedures for controlling external transfers and cash dollar sales and providing protection for the banking and financial sector from the risks of money laundering operations, following the ongoing discussions of the Central Bank of Iraq with the Federal Bank and the US Department of the Treasury.
The bank’s governor, Ali Al-Alaq, said in press statements,
What Did Iraq Achieve In Its Meetings With The US Treasury, And Did It Succeed In Controlling The Sale Of The Dollar?
Economy 2024-11-12 | 4,949 views Alsumaria News – Economic The Central Bank of Iraq announced progress in the procedures for controlling external transfers and cash dollar sales and providing protection for the banking and financial sector from the risks of money laundering operations, following the ongoing discussions of the Central Bank of Iraq with the Federal Bank and the US Department of the Treasury.
The bank’s governor, Ali Al-Alaq, said in press statements,
“The ongoing quarterly meetings with the Federal Reserve Bank and the US Treasury Department within the framework of organizing operations and coordination between the two sides, which have close relations, led to agreement on procedures and formulas that are consistent with best practices and international standards, the latest of which was the plan related to organizing operations.”
External transformation through rebuilding it according to new standards and methods.” Al-Alaq stressed that
"Iraq has achieved 95% progress with regard to procedures for controlling external transfers, cash dollar sales, and providing protection for the banking and financial sector from the risks of money laundering operations."
In July 2023, the US Treasury Department imposed sanctions on 14 banks, preceded by months of similar sanctions that included 4 other Iraqi banks after they were accused of money laundering.
The Iraqi government, through the Central Bank of Iraq, has been continuing its negotiations for about two years with the US Treasury Department to lift sanctions on these banks, all of which are private banks.
The International Monetary Fund Praises The Development Of Financial And Banking Aspects In Iraq
November 13, 2024 Baku / Iraq Observer follow-up Kristalina Georgieva, Director of the International Monetary Fund, today, Wednesday, during her meeting with the Iraqi President, Abdul Latif Jamal Rashid,
praised the positive developments that Iraq has witnessed in the financial and banking aspects and in the field of stimulating the investment environment.
The Presidency of the Republic stated in a statement received by “Iraq Observer,” that
“Rashid received, at his residence in the Azerbaijani capital, Baku, Kristalina Georgieva, Director of the International Monetary Fund, as part of his participation in the United Nations Climate Conference (COP29).” During the meeting,
they “reviewed the cooperation relations between Iraq and the International Monetary Fund and ways to strengthen them in the context of supporting the development path in Iraq,” where the President of the Republic affirmed during the meeting that
“Iraq
is seeking to implement integrated programs and
plans to stimulate the economy and
support the financial and banking reform process. He also thanked the IMF.”
“The international community for what it did to support Iraq’s budget during the crises it faced and overcame.” The President of the Republic also stressed
“the importance of completing coordination and joint cooperation in order to continue efforts to
combat corruption,
support investment, and
develop the private sector in order to
build a strong, cohesive, and recovering economy.”
For her part, Crystalina explained that
“the main mission of the International Monetary Funds is to provide support to countries’ budgets in times of crises, and
this is what the Fund did with Iraq during a difficult period, but it overcame it, and
she praised the positive developments that Iraq witnessed in the financial and banking aspects and in the field of stimulating the investment environment.” https://observeriraq.net/صندوق-النقد-الدولي-يشيد-بتطور-الجوانب/
Financial Inclusion And Banking Structuring
Economical 11/13/2024 Muhammad Sharif Abu Maysam The current government’s interest in the banking sector has become remarkable to the point where it can be said that the government is actually undertaking the “Financial Inclusion Programme,” which
those in charge of it aim to deliver services to all regions of the country and include all societal and age groups with these services with the aim of encouraging all citizens to open bank accounts, and then Withdrawing the public’s hoarded cash mass, which the Central Bank estimates at about 70 percent of the issued cash, and circulating it in the activities of the banking arena, with the aim of raising credit rates and contributing to creating real development.
On this basis, the Prime Minister’s Office recently issued a statement in this regard, which pointed out some of the challenges facing efforts to reform the financial and banking system, as one of the priorities of the government programme, while the statement identified a number of steps with the aim of confronting these challenges and ensuring the strengthening of confidence in the financial and banking sectors. Facilitating the economic development process and raising financial inclusion indicators.
However, the clear intersection between the government’s approach and the banking restructuring program indicates a number of observations that are directly related to these steps, such as the contradiction between what was stated in the content of these government steps, and the banks’ procedures regarding restructuring, as
some government banks have taken great steps in The issue of restructuring, which appears to have been limited to the merger of large numbers of operating government bank branches, which included branches on the outskirts of the governorate centers and in their centre, which undermined the service space in which these banks operate, and
this completely intersects with the financial inclusion program, which determined Al-Bayan is one of its tools by "providing banking services to different segments of society, including districts and sub-districts in villages and rural areas."
The steps mentioned in the statement, which are in the process of intensifying efforts, did not refer to the issue of the conditions that were previously set regarding raising bank capital rates to about 450 billion dinars by the end of December 2024, which obligated all private and government banks in this regard.
Otherwise, these banks will be merged or Liquidation,
if we know that some government banks, many of whose branches have been merged, still have large numbers of branches, and these branches still provide their daily services to large numbers of the public, while they are vulnerable to merger or liquidation, so that some departments are unable to take some Decisions related to developing services, because they realize that the fate of their banks will end in merger or liquidation, and
this is what makes the intersection clear in the government’s approach regarding developing the performance of banks and expanding the scope of services with the structuring program implemented by the relevant authorities. https://alsabaah.iq/105828-.html
Iraq Is Recording 4% Economic Growth And Moving Towards Sustainable Diversification
Economical 11/13/2024 Baghdad: Shukran Al-Fatlawi The increase in growth in the Iraqi economy by 4% reflects the beginning of a positive shift towards sustainable economic diversification.
According to International Monetary Fund forecasts, this growth reflects the country's efforts to reduce dependence on non-renewable natural resources and shift to an economy that relies on other sectors.
Specialists consider that the development project initiated by the government represents a qualitative step towards restructuring the national economy.
They point out that this project includes developing a strong infrastructure, developing the industrial and agricultural sector, in addition to attracting foreign and local investments, which will enhance Iraq's ability to face future economic challenges. In this context, experts point out that
Iraq has already begun implementing some of the recommendations of international conferences, such as the Munich Conference and other economic forums held in Washington and Riyadh, as the government seeks to attract international companies and enhance the role of the private sector in the economy.
The government's approach to multi-pronged development programs is part of a comprehensive strategy aimed at transforming the Iraqi economy from one that relies mainly on oil to one Diverse and sustainable.
Development Plan
The expert in economic affairs, Dr. Adnan Bahia, in an interview with “Al-Sabah,” explained that the
World Bank, in its adoptions regarding Iraq, depends on a large number of important factors, the most important of which is the existence of the development plan for the next five years, which it prepared in a way that guides the development process in Iraq, which is being implemented. Through it, the dispersed development trends are limited to one correct direction.
Government Programme
Bahiya promised the existence of an ambitious government program for the past years and the current year that achieves a large number of achievements, the
most important of which is the work to complete the files of lagging projects, as their number has decreased by more than half, pointing out that this is a good indicator for growth. He noted that the
Economic Process
stability of oil prices, even in light of the unstable political and security atmosphere in the Middle East and the world, where prices range from 70 to 80 dollars per barrel, encourages the continuation of the economic process in the country, since the Iraqi economy depends on oil for 95 percent of its capabilities and revenues. He hinted that the
current policies in the field of combating corruption and returning looted and smuggled funds out of Iraq are important, especially if those funds are exploited to create an advanced industrial, agricultural and service base that will transform the country. In the right direction.
Advanced Ranks
Economic affairs researcher, Suhad Al-Shammari, told “Al-Sabah” that the
International Monetary Fund’s reports confirm that Iraq ranks highly in the Arab world in terms of expected economic growth, amounting to 4 percent, ahead of Morocco, Kuwait, Bahrain, Oman, Algeria, Jordan, and Qatar. Al-Shammari attributed
Correct Planning
the reason for this to the role of the state and the current government in proper management and planning to enhance the growth of the economic sector and protect the local market from the economic fluctuations that are plaguing the region, as well as providing the Iraqi citizen’s requirements for social welfare salaries and a food basket, which made a clear difference in protecting the local market from fluctuations. Exchange rate. She continued that the
investment and service projects that began with the government curriculum and directly with the current government by launching them and the international conferences, in which I participated, including the Munich and Riyadh conferences, brought Iraq back to the global platform. She added that
Foreign Investments
Iraq is an important geopolitical player, possessing the potential to secure foreign investments and joint cooperation between Iraqi and foreign private sectors, stressing that
the country is capable of finding a substitute for oil and has all the solid economic components, as evidenced by the efforts of most countries to contribute to important projects, including the development project, which is considered a transition. Quality in the Iraqi economy. https://alsabaah.iq/105827-.html
Economist: Oil Pollution In The Tigris River Is Causing Iraq Huge Losses
November 13 20:45 Information/special.. Economist Nabil Al-Marsoumi confirmed on Wednesday that Iraq has suffered major financial losses as a result of oil pollution in the Tigris River. Al-Marsoumi said in an interview with the Maalouma Agency,
“Oil pollution and hospital waste in the Tigris River, as well as pollutants emanating from brick factories and oxidized asphalt, lead to great damage at the level of health, agriculture, livestock, and fish deaths.
It also damages drinking water and the air, forcing Iraq to... To spend huge sums of money to purify water and combat pollution in all cities of the country. He added,
"Iraq is among the rare countries in the world that do not count environmental costs, while studies are supposed to be conducted on this subject and the transition to a green economy is encouraged."
Over the past few years, cases of oil pollution have been repeated in the Tigris River, leading to the cutting off of drinking water to some areas, the death of fish, and the damage to crops that rely on river water for irrigation. Ended 25 B
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Evening 11-13-24
Good Evening Dinar Recaps,
RADIAN USES R3’S CORDA DLT TO SMOOTH REAL ESTATE TITLE TRANSFERS
US mortgage and real estate service firm Radian has integrated R3’s Corda enterprise blockchain with its Titlegenius offering. The workflow system for real estate title transfers uses DLT for document storage and data transfer. Rather than a black box, it provides transparency around the title transfer process and claims to cut closing costs by an average of 25%.
Radian has a market capitalization of more than $5 billion, although mortgage insurance is its primary revenue source rather than title services.
Good Evening Dinar Recaps,
RADIAN USES R3’S CORDA DLT TO SMOOTH REAL ESTATE TITLE TRANSFERS
US mortgage and real estate service firm Radian has integrated R3’s Corda enterprise blockchain with its Titlegenius offering. The workflow system for real estate title transfers uses DLT for document storage and data transfer. Rather than a black box, it provides transparency around the title transfer process and claims to cut closing costs by an average of 25%.
Radian has a market capitalization of more than $5 billion, although mortgage insurance is its primary revenue source rather than title services.
Title transfer services typically check the history of the property to ensure there are no surprises. They are not just verifying that the seller is the true title holder, but that there are no longer mortgage or other liens against the property. They frequently provide title insurance just in case they missed something.
Once that’s done, the final deed of transfer is drafted and the transaction proceeds to closing and settlement. The process can include various parties, such as the buyer, the real estate agents, mortgage providers and lawyers. By creating a transparent workflow using DLT, all parties can get an up-to-date record of the status of the transaction.
“The title transfer process is notoriously slow and complex, and we are excited to collaborate with R3 to make this process simpler and more efficient for our clients,” said Steven Stipetich, Radian’s Senior Vice President of Title. “There are many valuable use cases for DLT in the property space like bulk refinancing – already supported by the titlegenius platform.”
Coadjute also uses Corda for real estate sales
Corda is also used by UK property technology firm Coadjute, which does something similar to Titlegenius.
However, its software provides the glue to share data between different real estate software solutions used by the estate agents of the buyer and seller. Corda was incorporated into Coadjute’s software since its founding in 2018. The startup’s backers include UK banks such as Lloyds, Natwest and Nationwide.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
XRP DOCUMENTARY REVEALS RIPPLE-SEC INSIDE STORY: WHEN AND WHERE TO WATCH
▪️XRP documentary exposes Ripple's fight with the SEC; streaming starts November 21.
▪️Second screening tour planned, potential Florida showings to be announced soon.
▪️Ripple CEO absent, but documentary promises exclusive insights and expert commentary.
The wait is over!
Ripple’s highly anticipated documentary, Rigged from the Start: Exposing the SEC’s War on Crypto, is about to premiere, bringing fresh insights into the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).
If you’re eager to understand the full story behind XRP’s legal fight, here’s when and where to catch this revealing film.
Screening Details to Know
The debut of the documentary took place in Scottsdale, Arizona, and was organized by Fruition Productions, a Los Angeles-based film and gaming studio.
The documentary was initially titled “XRP Unleashed,” but it was later changed to “Rigged from the Start” to make it more relatable to a broader audience who might not be familiar with XRP.
Meanwhile, the new title focuses on the SEC’s controversial actions against XRP and its impact on the crypto space.
Audience Demand Grows
Following its Scottsdale debut, Fruition Productions has taken the documentary to seven cities across the U.S., and demand has been so high that more screenings are planned for December.
For those unable to attend a live screening, don’t worry. The documentary will be available to stream on Fruition Productions’ official website starting November 21. There may also be additional screenings in Florida, with updates expected soon.
Meanwhile, the trailer is available to watch on YouTube.
What to Expect from the Documentary
The “Rigged from the Start” documentary offers an exclusive look at the Ripple-SEC conflict, featuring insights from key crypto figures, legal experts, and industry leaders.
Although Ripple CEO Brad Garlinghouse chose not to participate in the film, the documentary still promises to deliver exclusive content and offers a fresh perspective on the fight against the SEC’s regulatory actions.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
RIGGED FROM THE START, EXPOSING THE SEC'S WAR ON CRYPTO, Trailer | Youtube
@ Newshounds News™
~~~~~~~~~
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Thank you Dinar Recaps
The Fed's Dangerous Path: Ron Paul Reveals the Truth Behind U.S. Monetary Collapse
The Fed's Dangerous Path: Ron Paul Reveals the Truth Behind U.S. Monetary Collapse
Kitco News: 11-13-2024
The Federal Reserve's unchecked power and fiat currency system are under fire as Ron Paul, former U.S. Congressman and Host of @RonPaulLibertyReport calls for major reforms.
Paul argues that the Fed’s authority is unconstitutional, contributing to spiraling national debt, rising inflation, and systemic economic instability.
He highlights how the Fed’s influence, under Jerome Powell, operates without true oversight, posing a direct threat to economic freedom in the United States.
The Fed's Dangerous Path: Ron Paul Reveals the Truth Behind U.S. Monetary Collapse
Kitco News: 11-13-2024
The Federal Reserve's unchecked power and fiat currency system are under fire as Ron Paul, former U.S. Congressman and Host of @RonPaulLibertyReport calls for major reforms.
Paul argues that the Fed’s authority is unconstitutional, contributing to spiraling national debt, rising inflation, and systemic economic instability.
He highlights how the Fed’s influence, under Jerome Powell, operates without true oversight, posing a direct threat to economic freedom in the United States.
Paul also shares his thoughts on Elon Musk's Department of Government Efficiency (DOGE) initiative, supporting the idea of cutting government waste.
However, he stresses that real reform needs to go deeper—such as dismantling the Federal Reserve and adopting sound money like gold.
Warning of an inevitable financial crisis if reliance on fiat currency continues, Paul predicts that gold could double, triple, or even quadruple in value as more people seek refuge from the weakening dollar.
00:00 Coming Up
01:38 Introduction
02:24 Jerome Powell's Controversial Statement
03:16 The Federal Reserve's Unchecked Power
07:03 Trump's Influence on Fed Policy
07:28 The Role of the President in Monetary Policy
09:09 The Need for Auditing the Federal Reserve
10:25 Public Backlash Against the Federal Reserve
18:11 Elon Musk and Vivek Ramaswamy's Department of Government Efficiency (DOGE)
24:32 Dr. Ron Paul's Views on Gold