Some “Iraq News” Posted by Clare at KTFA 11-17-2024

KTFA:

Clare:  Urgent  Parliament Presidency sets date for resuming sessions

11/16/2024

The Parliament Presidency set, today, Friday, the date for resuming sessions next week after the completion of the population census operations in the country.

The media department of the House of Representatives stated in a statement received by {Euphrates News} that "the Presidency of the House of Representatives affirms its full support for conducting the general population and housing census 2024, and urges the representatives to direct and encourage citizens in their areas to cooperate with the field teams affiliated with the Ministry of Planning to accomplish their tasks with the aim of making the census operations that will be conducted on the 20th and 21st of this month a success." 

The statement confirmed, "Given the presence of representatives in their governorates and the importance of the census, it was decided to resume the sessions next week after the completion of the population census operations in the country."   LINK

Clare: Al-Sudani approves 35 new service projects to be attached to 2024 projects

11/16/2024

Iraqi Prime Minister Mohammed Shia al-Sudani approved, on Saturday, adding dozens of new service projects to the 2024 projects in the capital, Baghdad, and other governorates.

This came during his chairmanship of the periodic meeting of the service and engineering effort team, according to a statement issued by Al-Sudani's media office.

The statement said that the meeting witnessed a review of the progress of the projects being implemented by the effort team, and the rates of achievement achieved in them. Approval was also given to 35 new service projects attached to the 2024 projects, which will begin implementation within 10 days in Baghdad and a number of governorates.

The Prime Minister stressed the need to complete the 2024 projects before the end of the year, noting that these projects must be implemented according to high standard technical specifications, in order to provide services to citizens in a qualitative and distinctive manner.  LINK

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Clare:  Industry confirms success by signing 4 investment contracts for strategic industries

11/16/2024 Baghdad

The Ministry of Industry and Minerals announced today, Wednesday, the launch of 256 investment opportunities through three conferences, while confirming the success of signing 4 investment contracts in strategic industries. 

The ministry's spokesperson, Dhuha Al-Jubouri, said in a statement received by "Mawazine News": "The Ministry of Industry held three conferences: the first was the Mineral Investment Conference in Baghdad under the patronage and attendance of the Prime Minister, during which 31 investment opportunities were launched. The second was the Industrial Partnerships Forum in the presence of the Prime Minister, during which 90 investment opportunities were launched. The third was the Baghdad International Forum for Industry and Mining, which was held a month ago, during which 135 investment opportunities were launched. 

" She added, "The ministry's vision regarding conferences is to present private investment opportunities in a transparent manner to the media in the presence of investors, businessmen and investment companies, in order to review all investment opportunities related to the Ministry of Industry and Minerals."

She added, "The submission of offers for these industrial opportunities is by investors, businessmen and investing companies, and the best is chosen after studying the offers," noting that "the ministry succeeded in signing a number of participation contracts on the basis of these conferences that it held in previous periods, and a number of participation contracts were signed for important strategic industries in the presence of the Prime Minister

 Including a contract to establish, rehabilitate and develop a refined sulfur production line in Nineveh Governorate for the Mishraq 1 field with a capacity of one and a half million tons annually of refined sulfur production, and a contract to produce the fertilizer project in Baiji and also Abu Al-Khaseeb fertilizers in Basra Governorate was signed, and a contract was signed for the glass and refractories construction project in Ramadi and the sodium carbonate production project, the foundation stone of which was laid this year with the expansion of the sodium and chlorine plant project in Al-Musayyab district in Babylon."

She stated that "these contracts came as a result of the conferences held by the ministry," explaining that "the offers presented at the last conference are under study and the best of them are being selected."   LINK

Clare:  Advance payment and tax benefits" .. This is how Turkmenistan will export gas to Iraq, the "rare customer"

11/16/2024

The Times of Central Asia reported on Saturday that Turkmenistan has signed what it described as a “binding agreement” for gas shipments to Iraq via Iran, after obtaining Iraq’s approval for an “advance payment plan and tax concessions.”

The newspaper pointed out in a report translated by Shafaq News Agency, the importance that Turkmenistan attaches to the agreement with Iraq, the "new and rare customer" that will import large quantities of gas from this country, which has the fourth largest gas reserves in the world.

The New York-based newspaper's report explained that Turkmenistan is reshaping its options for exporting natural gas, noting that despite its current ranking of 4th in the world, it is currently exporting a smaller quantity of gas than it did 16 years ago.

Mega projects

The report pointed out that the huge gas pipeline projects that were envisioned about 30 years ago, including the pipeline across Afghanistan to supply gas to Pakistan and India, and the pipeline across the Caspian Sea to transport gas to Europe, remain unfeasible for political reasons.

The report added that Russia was previously a major customer of Turkmen gas for most of the past three decades, but Moscow is now competing for some of the same potential buyers as Turkmenistan.

The report said that after Turkmenistan stumbled in its quest to find new markets, it now intends to sell gas to Iraq, by arranging a swap deal with Iran that includes bringing Iranian companies to Turkmenistan to build a new pipeline.

The report pointed out that while Turkmenistan was looking for new customers for gas, Iraq was not a potential buyer of gas until recently, noting that the Nabucco gas pipeline project, which has been stalled for about 15 years, had envisioned Iraq as a potential source of gas to Europe.

Interesting deal

The report described Turkmenistan's deal with Iraq as "interesting, and the only deal available for verification at the present time.

The report explained that since the two countries are not connected by any pipelines, Turkmenistan will ship up to 10 billion cubic meters of gas to Iran, which will in turn ship 10 billion cubic meters of Iranian gas to Iraq.

The report added that Turkmenistan signed what was described as a "binding agreement" for these gas shipments, after obtaining Iraq's approval for "an advance payment plan and tax concessions."

The report stated that about 40% of Iraq's gas imports in recent years came from Iran, indicating that the gas industry in Iraq is still in the recovery phase after years of war, and it needs imported gas to operate power plants in the country, noting that the sanctions imposed on Iran have made it difficult for Iraq to pay financial payments for this Iranian gas.

The report pointed out that there are two pipelines linking the gas fields in Turkmenistan to northern Iran. The first is the 200-kilometre-long Korbeji-Kordkuy pipeline, which was launched in 1997, and the second is the Dowlatabad-Sarakhs-Khanjiran pipeline, which was launched in January 2010.

However, the report explained that Turkmenistan was unable to ship the necessary quantity in the two lines, which have a combined capacity of 20 billion cubic meters. Its exports ranged between 6-8 billion cubic meters annually for years, while Tehran was paying for Turkmen gas through barter, exporting a range of goods, including food and engineering services to Turkmenistan.

The report stated that a dispute arose between the two countries in late 2016, as Turkmenistan claimed that Iran owed it about $2 billion for gas it received in the winter of 2007-2008, while Iran responded by saying that Turkmenistan was working to inflate the price.

The report explained that the winter of that year was extremely cold, which caused a severe shortage of gas in 20 Iranian provinces. Iranian media reported in December 2016 that “Turkmenistan exploited this situation to demand a 9-fold increase in the price, which led to the price rising to $360 from $40 per 1,000 cubic meters of gas.”

The report added that on January 1, 2017, Turkmenistan stopped gas supplies to Iran, and the two countries resorted to international arbitration, a case that was eventually settled in Turkmenistan's favor in June 2020.

The report indicated that Iranian and Turkmen officials are holding talks on gas, but after about 8 years, Turkmen gas exports to Iran have not resumed.

The report pointed out that shipping 10 billion cubic meters of gas from Turkmenistan to Iran requires maintenance and repair operations for the two damaged pipelines linking the two countries.

He added that officials from the two countries held a meeting in July 2024 to sign a gas transportation contract, an agreement that stipulates that “Iranian companies will establish a new 125-kilometer gas pipeline along with three gas pressure booster stations in Turkmenistan with the aim of increasing annual gas shipments to Iran to 40 billion cubic meters.”

According to the report, the Iranian companies participating in the project have not been identified, but this represents an exceptional step by Turkmenistan to allow foreign companies to implement such a project.

The report noted that increasing gas shipments to Iran to 40 billion cubic meters would require the construction of a new pipeline with a capacity of 20 billion cubic meters of gas, which would double the current total capacity of the two existing pipelines. It noted that another unclear issue is that only 10 billion cubic meters of this gas will go to Iraq, while the final destination of the remaining 30 billion cubic meters that Iran plans to import is not clear.

The report concluded that Turkmenistan is trying to sell gas to anyone interested, noting that among the countries mentioned by Turkmen officials as potential customers are Azerbaijan, Turkey, Afghanistan, Pakistan, India, Kazakhstan, and the European Union, but in a vague manner, adding that China is currently the main buyer of Turkmenistan's gas, supplying it with about 35 billion cubic meters of gas.

He pointed out that Russia has significantly reduced its imports of Turkmen gas since 2009, and Russia has also become Turkmenistan's main competitor for regional customers, including Kazakhstan and Uzbekistan, which are neighboring countries of Turkmenistan.

Afghanistan’s gas exports are also unlikely for now due to the lack of foreign investors. Turkmenistan also lacks the infrastructure to export its gas to Europe via Türkiye and Azerbaijan.

The report continued by saying that the 40 billion cubic meters referred to in the recent Iranian-Turkmen agreement could indicate that Iran will buy Turkmen gas again in the future, and in larger quantities than before, adding that the most secure deal that Turkmenistan can reach at the present time to increase its gas exports is the agreement with Iraq.

"It remains to be seen whether this swap arrangement, which includes Iran, can achieve the promised 10 billion cubic meters," he added.   LINK

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Clare:  Al-Alaq: 90% of Iraqi housing projects are funded by the Central Bank with 13 trillion dinar

11/16/2024

The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Saturday that 90% of housing projects in Iraq are financed by the bank, and have led to the activation of economic activity in the country, noting that the financing of housing, commercial and investment loans has reached 13 trillion dinars.

Al-Alaq said during his speech at the conference held by Al-Baidar Center for Studies under the title "Transition towards a flexible economy in Iraq", which was attended by Shafaq News Agency correspondent, that "there must be a comprehensive strategy that focuses on policies that create a real partnership between the public and private sectors and move to mobilize economic tools, whether in financial or economic policy."

He pointed out that "one of these tools is the state's general budget, which constitutes a fundamental pillar in determining the paths of the economy and growth and represents a real confrontation with the challenge," indicating that "the absence of planning has become a kind of challenge represented by the fact that flexibility in the spending aspect is limited, and this requires that there be an ability to cover actual and real spending."

He explained that "restructuring the budget is necessary because the state's public spending determines many paths and the shape of the different economic trends and confronts the changes that occur in this framework."

Al-Alaq pointed out that "the recent call by Prime Minister Mohammed Shia al-Sudani to restructure the state ministries and their laws is aimed at addressing the role of the government and ministries and participation in the public and economic sector."

He stressed that "there is talk about resources that could generate revenues for the state, if there was real efficiency and effectiveness in generating revenues, and that there are many sources and opportunities to enhance those revenues," indicating that "the intensification with the change that occurs in oil prices leads to a decrease in the state's general budget revenues, and is reflected in the investment budget, and considering that the other part is represented by salaries and wages, the decrease in oil prices affects investments."

He explained that "monetary and fiscal policy constitute economic policy and there must be effective coordination between the two policies to reach acceptable results," stressing that "the preparation of the general budget must be a basic partner in shaping its features, and this matter is largely related to the function of the bank. For example, the size of the deficit has a direct impact on monetary policy and this must be studied directly."

Al-Alaq concluded by saying, “Supporting private sector financing should be a key partner with the government to implement the economic program in many sectors, and the Central Bank launched the initiative to finance residential, commercial and investment loans, and this number reached 13 trillion dinars to finance projects, as 90% of housing projects in Iraq are financed by the Central Bank and have led to the activation of economic activity in the country.”  LINK

News, Rumors and Opinions Sunday 11-17-2024

From Recaps Archives:

DAZ:  EXCHANGE THOUGHTS

MY GUT TELLS ME IT WILL GO MUCH DIFFERENTLY FOR MOST..THESE ARE BROAD GENERALIZED STATEMENTS OF GUIDANCE TO HELP MANY OF THOSE THAT REALLY HAVE NO PRIOR EXPERIENCE OR CONCEPT OF BUSINESS OR BANKING.

JUST BE NEAT AND LOOK LIKE YOU MEANT TO GET DRESSED TO MEET SOMEONE THAT YOU WANT TO HAVE A KIND AND  FAVORABLE IMPRESSION OF YOU....ITS JUST A FIRST DATE...NOT THE WEDDING..

JUST BE A GOOD REPRESENTATION OF YOURSELF...NOT SOMEBODY ELSE...BE KIND, PUT A SMILE ON THE INSIDE...AND OUTSIDE. BE YOURSELF...BEING FAKE WONT GET YOU PAID ANY QUICKER OR BETTER IMO

REALLY FEEL THE SMILE ON THE INSIDE..VISUALIZE IT..PRACTICE IT NOW...IT REALLY DOES CHANGE THE ENERGY IN A MEETING....YOU'LL BE FINE.

I WOULD NOT VOLUNTEER TOO MANY DETAILS, IDEAS OR CONCEPTS GENERALLY,

ALL GREAT IDEAS ALWAYS FIND OPPOSITION. A NEUTRAL CONFIDENT STANCE MAY BE WISE. A FRIEND ONCE TOLD ME...."YOU DONT HAVE TO TELL EVERYBODY EVERYTHING YOU KNOW...AND ITS BETTER THAT YOU DONT".

THEY WOULD RATHER HEAR THAT YOU WANT THEM TO TELL "YOU" ABOUT ALL THE PLANS, POSSIBILITIES, STRUCTURES AND OPPORTUNITES THEY MAY PROVIDE. WM'S DONT WANT TO BE TOLD HOW TO DO THIER JOB OR HOW YOU WANT THEM TO DO IT.

ULTIMATELY THEY TRULY JUST WANT YOU TO HAND THEM THE MONEY TO PLUG INTO THEIR EXISTING SYSTEM. ...THATS THE WAY THEY ARE TRAINED AND WHAT THEY ARE GENERALLY USED TO....AND THATS JUST THE REALITY OF THE THING
.
WE WILL BE CALM, CONFIDENT AND SMILING...THEY WILL BE TIRED, DISORIENTED AND ANXIOUS...SURELY WE CAN MEET IN THE MIDDLE SOMEWHERE.
 
MAYBE A SIMPLE BUT SOMEWHAT AMBIGUOUS REPLY UPON THEIR INQUIRY MAY BE BEST...

"I PLAN TO MAKE MY IMMEDIATE FAMILY A LITTLE MORE COMFORTABLE AND THEN I WANT TO LEARN HOW TO PROTECT AND GROW MY MONEY FOR GENERATIONS...AND I NEED SOME HELP WITH THAT."

THAT WILL PUSH ALL THE NECESSARY BUTTONS.

AND REMEMBER....IF YOU DONT UNDERSTAND, ASK, IF YOU DONT GET AN ANSWER YOU CAN UNDERSTAND, ASK SOMEBODY ELSE AND,......IF IT DONT FEEL RIGHT...DONT DO IT

Sample Script: 

HELLO MR. BANKER, I HAVE IRAQ DINAR, VIETNAM DONG AND ZIMBABWE CURRENCY. I WOULD LIKE TO EXCHANGE...CAN WE DISCUSS THE MOST FAVORABLE RATES AND TERMS, BOTH PUBLIC AND PRIVATE, AVAILABLE FOR EACH?

WELL MR BANKER.....I RECEIVED SOME INFORMATION IN THE PAST THAT THERE MAY BE MORE THAN ONE RATE AVAILABLE DEPENDING ON HOW WE EXECUTED THIS EXCHANGE.

 IF THERE ARE OTHER OPTIONS BESIDE AN EXCHANGE AT THE INTERNATIONAL RATE, I WOULD LIKE TO EXPLORE THOSE TERMS AND REQUIREMENTS IF THEY ARE AVAILABLE TO YOU OR ANY AT THIS BANK.

BE RELAXED, CONFIDENT, FRIENDLY AND PURPOSEFUL

EASY, SIMPLE, HONEST, INFORMED AND DIRECT

Quote: " MAYBE A SIMPLE BUT SOMEWHAT AMBIGUOUS REPLY UPON THEIR ENQUIRY MAY BE BEST...."I PLAN TO MAKE MY IMMEDIATE FAMILY A LITTLE MORE COMFORTABLE AND THEN I WANT TO LEARN HOW TO PROTECT AND GROW MY MONEY FOR GENERATIONS...AND I WILL NEED SOME HELP WITH THAT."……….Perfect.

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

PompeyPeter  All dinar related, all good.  And I will say personally we are in the best place we have ever  been to see our blessing.  

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Mr. Sammy reminds you he said next year.  Hopes for this year.  FRANK:  ...My reason for saying this year is because everything that is needed in order to bring forth a new exchange rate and the lower notes is being shown and introduced this year...Very soon you're going to see bulletin boards in these new exchange centers with the pictures of the lower notes and the descriptions.  All of this is important in November and December to prepare you for the launching of the new exchange rate and the new lower notes.  If it happens to be next year, so be it.

World bank support Iraq

Nader: 11-16-2024

https://www.youtube.com/watch?v=9Bf-SjB-KDw

The Great Deconstruction: Who Wins When We Lose? with Gregory Mannarino (Little By Little)

11-16-2024

In this powerful interview, Gregory Mannarino, known as the ‘Robin Hood of Wall Street,’ sits down with Andy to discuss today’s most pressing economic challenges.

Together, they dive into the risks of global debt, the role of central banks, and the future of the U.S. dollar amidst ongoing inflation concerns.

Mannarino and Schectman explore the strategies and insights investors need to protect their wealth in turbulent times. This conversation is a must-watch for anyone seeking clarity on market manipulation, the precious metals market, and how to prepare for potential financial upheaval.

https://www.youtube.com/watch?v=uY0kWTIsZq4

Iraq Economic News and points to Ponder Sunday AM 11-17-24

Exchange Rates Will Rise Further...A Warning Of An Imminent Economic Crisis Due To The “Coldness” Of The Central Bank

 November 16, 2024  Baghdad / Iraq Observer  Economic affairs researcher Ziad Al-Hashemi warned of serious economic repercussions as the deadline for stopping the dollar platform approaches after six weeks, indicating that the

 Central Bank of Iraq is still dealing with the crisis coldly, which may lead to a rise in exchange rates and a scarcity of imported materials. Al-Hashemi explained in a post on the This could cause major disruptions in the markets.”

He added,   “Failing to address this file will lead to a portion of remittances going toward the parallel market, which will increase the demand for the dollar and raise its exchange rates significantly, which will reflect negatively on the prices of goods and services in the Iraqi market.” He also expected that

 this would hinder the ability of a large number of merchants to import, causing a scarcity of imported goods and an increase in their prices. He pointed out that

 “the Central Bank seems to be betting on a smooth transition process without problems,

 but it considered this bet unrealistic in the absence of a clear plan for managing the transitional phase.” Al-Hashemi concluded his warnings by saying,

  “The Central Bank has only six weeks to act and manage this crisis, otherwise delay will lead to catastrophic results that will cast a shadow on the Iraqi economy by the end of this year.”  

 https://observeriraq.net/اسعار-الصرف-سترتفع-اكثر-تحذير-من-ازمة/     

Discussing Mineral Investment And Export Mechanisms

Economical 11/17/2024  Baghdad: Al-Sabah   The Ministry of Commerce held a meeting of the Diwani Order Committee No. (23931), charged with the task of

      reviewing legislation related to mineral investment, and

     developing mechanisms for exporting raw materials and

     methods for obtaining an export license,

 headed by the Undersecretary for Economic Affairs, Ghassan Farhan, and in the presence of members of the committee.

 Farhan confirmed in a statement received by Al-Sabah that

 “during the meeting, recommendations were discussed that will hopefully achieve positive results and the necessary support for industries, mineral investment and exporters, after their approval by the Council of Ministers.”      https://alsabaah.iq/105963-.html     

Corporate Structuring... Stimulates Economic Growth

 Economical 11/17/2024  Yasser Al-Metwally   In a remarkable step, the government is moving towards correcting the structural defect in the performance and management of government (public) companies, to make them profitable and productive companies, at a time when most of them were declining and losing.

This comes by activating the work of the Supreme Committee formed for this purpose (corporate structuring) and giving it direct attention from the top of the authority pyramid.

 The restructuring of public companies aims to improve companies' performance, increase their efficiency, and develop their strategies.

 This enables it to help simplify operations and improve workflow, which increases operational efficiency and reduces costs, and which enables it (I mean companies) to increase their profits and achieve sustainable financial growth.

 In addition, restructuring allows companies to adapt to changes in the market, technology, and customer requirements. Which helps it achieve competitiveness.

 With a simplified definition of structuring, it includes achieving an equal partnership with the private sector, transforming them into joint-stock companies, and benefiting from the private sector’s expertise in their management, or by merging with each other similar companies that practice the same activity, as well as partial privatization of some of them, especially those that are losing and those scheduled for liquidation..

 It is necessary, and even certain, to preserve the rights of surplus workers, as

restructuring will lead to the displacement of surplus workers,

 which requires dealing with the surplus workers, in a way that achieves justice in obtaining their retirement rights, and benefiting from some intermediate experiences to put them in emerging companies, and

what is most important is It is to encourage them to engage in private activity, and to help them establish small projects of their own, through soft and encouraging loans.

 Thus, the structuring process can get rid of the biggest challenge facing it, which is surplus labor.

The repercussions of the structure will contribute to improving production processes, and

 this requires attention to training and development, which leads to improving the quality of products and services provided, which enhances customer satisfaction.

Restructuring helps better identify and manage risks, which contributes to companies' stability and flexibility in the face of challenges.

 By adopting flexible and innovative organizational structures, companies can enhance their ability to innovate and develop new products and services.

It may be useful to point out that structuring companies and converting them into joint stock companies will contribute to enhancing economic growth, through listing them in the Iraqi Stock Exchange, which stimulates the financial market, labor market, and growth.

 The bottom line is that corporate restructuring is a process that requires careful planning and effective implementation to ensure the achievement of the desired goals.  https://alsabaah.iq/105961-.html    

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 11-17-24

Good Morning Dinar Recaps,

FINTECH STARTUP RAISES $1.5M TO DEMOCRATIZE MARITIME FINANCE

Maritime fintech startup Shipfinex secured $1.5 million in seed funding to democratize maritime finance through blockchain-enabled fractional ownership of maritime assets.

Democratizing Maritime Finance
Shipfinex, a maritime fintech startup, recently announced it has secured $1.5 million in seed funding. Gaurav Mehta, chairman of shipping asset trader Best Oasis Limited and Dubai-based company SPM Shipping DMCC, led the funding round. Vivek Seth, senior vice president at ADNOC Logistics & Services, and Yasovardhan Chinni, founder of Nanlian Ship Management LLC, also participated.

Shipfinex aims to democratize maritime finance by enabling fractional ownership of maritime assets through blockchain technology. The startup believes this investment will kickstart a partnership that uses blockchain to reshape access to maritime assets.

According to a press statement, Mehta, a veteran in ship cash-buying and energy asset markets, will bring his extensive industry insights to Shipfinex.

Shipfinex plans to use the funds to support its growth and develop a secure and compliant marketplace for maritime asset tokens. The company also aims to accelerate its regulatory advancement with Dubai’s Virtual Asset Regulatory Authority (VARA).

Commenting on his financial backing of Shipfinex, Mehta said:

Shipfinex represents the next era in maritime finance, expanding asset ownership and enhancing transparency and efficiency. We’re excited to support this transformative journey and redefine how the world invests in maritime assets.

Vikas Pandey, CEO and co-founder of Shipfinex, lauded Best Oasis Limited CEO’s support and industry insights as “invaluable.” Pandey believes this will be key in Shipfinex’s endeavor to “redefine access and expand investment opportunities within maritime finance.”

@ Newshounds News™

Source:  Bitcoin News

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HOSKINSON EXPLAINS WHY CARDANO IS PREFERRED; ADA TO HIT AN ATH SOON?

Amidst the broader market optimism, Cardano’s price has been showing impressive surges lately as evidenced by its recent rally. Additionally, a flurry of developments around its founder Charles Hoskinson has also sparked market optimism.

Why Will It Reach An ATH?
In a latest X post, Hoskinson has praised the Cardano community. He explained why people prefer Cardano as he underscored that “We have the best community and the best entrepreneurs.

It’s a harder road, but it will change the world.” further, he also predicted the Voltaire update to make the ecosystem the “finest government ever assembled by humanity.”

Additionally, Charles Hoskinson visiting Elon Musk’s SpaceX office has also sparked speculations, given Musk’s rising influence in the US political landscape.

Besides, Hoskinson has recently said that he would support the Trump Government in shaping crypto legislation. He seeks to help the US administration in framing clear regulatory frameworks for digital assets, which have encountered regulatory pressure over the past few years.

Ripple CEO’s Comments Adds To The Optimism
The recent comments from Ripple CEO Brad Garlinghouse have also incited market optimism. He stated:

“The crypto industry has embraced Trump, Trump has embraced the crypto industry. I think it’s very genuine, and I think he sees the opportunity, he sees innovation, he sees entrepreneurship and I’m very excited about what the future holds.”

Garlinghouse highlighted that U.S.-linked crypto assets, such as XRP, SOL, and ADA, have outperformed other tokens due to the expected easing of regulatory pressure. He noted that the anticipation over pro-crypto policies under Trump administration has fueled the rally.

Besides, a prominent crypto market analyst Ali Martinez recently said that Cardano price is poised to hit $6 in 2025, further fueling the expectations of a potential ADA rally to its new ATH.

First Ever zkApp Launched On Cardano’s Midnight Sidechain
In the latest development, the first-ever zero-knowledge application (zkApp) has been launched on Cardano’s Midnight sidechain, that has excited both the community and the founder Charles Hoskinson as well. This innovation is a result of Midnight partnering with Paima Studios.

Sebastien Guillemot, the co-founder of Paima Studios, announced the launch of the zkApp on X. At its core, this partnership is set to simplify the development of multi-stack decentralized applications (dApps) and empower developers to leverage the strengths of different blockchain ecosystems seamlessly.

@ Newshounds News™

Source:  CoinPedia

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XRP NEWS TODAY:  TRUMP MEETS WITH GARLINGHOUSE. WHY IS THIS IMPORTANT?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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Revalue Gold or Adopt Bitcoin Standard? US to Take ‘Drastic’ Action to Keep Dollar Strong: Mark Moss

Revalue Gold or Adopt Bitcoin Standard? US to Take ‘Drastic’ Action to Keep Dollar Strong: Mark Moss

Kitco News:  11-16-2024

The U.S. national debt recently surged past $36 trillion, and Mark Moss explains why inflation is the only viable path forward for the government.

 In a recent interview with Jeremy Szafron at Kitco News, Moss highlighted the rapid shift towards Bitcoin, predicting prices as high as $1 million by 2030.

 He also discussed sovereign nations accumulating Bitcoin, a phenomenon he referred to as “Sovereign FOMO,” which he believes will fuel a massive price rally. According to Moss, with Trump branding himself as the “Bitcoin President,” the U.S. is poised to adopt a strategic Bitcoin reserve, triggering a game theory scenario that could see other nations follow suit.

Moss also spoke about the challenges facing gold versus Bitcoin, emphasizing how Bitcoin is quickly emerging as the ultimate hedge against inflation amid record demand. He believes that gold could still play a role, possibly being revalued as a part of the U.S.'s response to currency pressures.

 Moss outlined why Bitcoin, unlike traditional assets, has a fixed supply and is being strategically accumulated by institutional and sovereign players—adding immense pressure on the limited availability of Bitcoin.

00:00 Introduction

 02:13 Financial Crisis and Market Outlook

05:58 Bitcoin's Unprecedented Surge

15:05 US Government's Bitcoin Strategy

19:29 Global Implications of Bitcoin Adoption

 26:03 El Salvador's Bitcoin Strategy

26:49 The Bitcoin Revolution: A Decade in the Making

31:25 Sovereign FOMO and Geopolitical Implications

 33:41 Bitcoin's Impact on Personal Wealth

36:24 Investing in Rare and Scarce Assets

40:03 Technological Revolutions and Investment Opportunities

 43:04 Gold vs. Bitcoin: Competing for the Hedge

49:18 Conclusion and Future Outlook

https://www.youtube.com/watch?v=Byqi1VnWJv0

“Tidbits From TNT” Sunday Morning 11-17-2024

TNT:

Tishwash:  Al-Sudani approves 35 new service projects and begins implementing them within 10 days

Prime Minister Mohammed Shia Al-Sudani stressed today, Saturday, the importance of accuracy and specifications in service and engineering effort projects.

The Prime Minister's media office stated in a statement received by "Al-Eqtisad News" that "Al-Sudani chaired today, Saturday, the periodic meeting of the service and engineering effort team."

He added, "The meeting witnessed a review of the progress of the projects being implemented by the effort team, and the rates of achievement achieved in them.

Approval was also given to 35 new service projects that will be attached to the 2024 projects, and their implementation will begin within 10 days in Baghdad and a number of governorates."

During the meeting, Al-Sudani stressed the "necessity of completing the 2024 projects before the end of the year," noting that "these projects must be implemented according to high standard technical specifications, in order for the service to be provided to citizens in a qualitative and distinctive manner."link

Tishwash:  Al-Alaq reviews to the President of the Republic the Central Bank’s plans to develop the banking sector

President of the Republic, Abdul Latif Jamal Rashid, stressed today, Sunday, the necessity of developing a future strategy for financial policy during his meeting with the Governor of the Central Bank, Ali Mohsen Al-Alaq.

Rashid said in a statement by the presidency, which was reviewed by Al-Eqtisad News: “It is necessary to develop a future strategy for financial policy according to clear, transparent standards that contribute to developing the services provided to citizens and building a solid banking sector.”

During the meeting, plans were reviewed to reform and develop the government and private banking sector, and support the work of the Central Bank, to enhance financial stability and achieve economic development.

In turn, Al-Alaq reviewed the Central Bank’s plans and procedures aimed at developing the banking sector to play its role in facing economic challenges. link

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Tishwash:  For the first time in Iraq.. Efforts to establish an "Investment Association" to attract capital from 10 countries

The head of the Diyala Chamber of Commerce, Muhammad Al-Tamimi, revealed today, Saturday (November 16, 2024), efforts to establish an investment association to attract capital from ten countries to Iraq.

Al-Tamimi told Baghdad Today, "Over the past years, we have succeeded in developing important relationships with companies and businessmen in 10 countries, including regional and Arab countries in the Middle East, through participation in various economic meetings and conferences."

He added, "We have a movement to establish an investment association that works to attract capital from 10 countries to Iraq by stating the available licenses in 12 important sectors, especially industrial, agricultural, and housing."

He pointed out that "there are efforts to crystallize the first investment conference in Diyala, which will be followed by other conferences in order to create a greater partnership between investors and businessmen  link

Mot: . yeeeee ole ""Christmas Tip"" frum ole Mot of course!!!

Mot: .... guess WHAT!!!! 

More News, Rumors and Opinions Saturday PM 11-16-2024

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 16 Nov. 2024

Compiled Sat. 16 Nov. 2024 12:01 am EST by Judy Byington

Global Financial Crisis:

Fri. 15 Nov. 2024: BOOOOM!!! The BRICS Currency Note: A Game-Changer in the Global Financial Arena! …Carolyn Bessette Kennedy on Telegram

The day has come. The BRICS nations—Brazil, Russia, India, China, and South Africa—are no longer satisfied with living in the shadow of the U.S. Dollar. They’ve dropped the bombshell that could obliterate the American financial system as we know it—a BRICS Currency Note! Although it’s not in circulation yet, its mere existence sends a clear message: the BRICS countries are flipping the script on the global financial stage.

The BRICS Currency Note—A Revolution in Motion!: The world woke up to a shockwave when the BRICS Currency Note was revealed. This bold move could be the beginning of a financial revolution. For decades, the U.S. Dollar has held the world in its grip, dictating the terms of global trade, finance, and politics. But now, with the emergence of a BRICS currency, the tides may be turning for good.

The BRICS note symbolizes a defiant stand against the U.S.-dominated financial system. Signaling that these nations are ready to break free from the suffocating control of the American financial empire.

What Does This Mean for the World? This is more than just currency. It’s a direct challenge to the U.S. dominance. By proposing this currency, the BRICS nations are creating a new financial ecosystem. No longer will they be at the mercy of a single country and its weaponized financial system.

The Rise of the BRICS Currency: A Defiant Response to U.S. Control: For too long, the U.S. Dollar has been used as a financial weapon, enforcing sanctions and manipulating countries that oppose American interests. The BRICS nations have had enough. They’re not just talking about change—they’re making it happen. This currency will weaken America’s ability to control the global economy.

The BRICS Currency Note—whether it’s in your hands now or not—signals that the world is ready to move on. The U.S. financial grip is crumbling, and this is just the beginning of a new era where nations will no longer be dictated to by U.S. interests.

A Move for Financial Independence: This BRICS currency is a symbol of economic sovereignty. The 100 BRICS Note that has emerged is a powerful statement—these nations are no longer bowing to the demands of the U.S.-controlled system. They are taking charge of their economic destiny and shattering the chains that have bound them to the American financial order.

Implications for the Global Financial Order: The End of U.S. Dominance? The introduction of this currency could send shockwaves through the global financial system. It’s not just about economics—it’s about seismic political shifts that could spell the end of U.S. Dollar dominance. The U.S. has used its financial power to project control over the world for decades. But with the BRICS currency in play, that era is over.

A Defiant Response to U.S. Sanctions: Sanctions have been a go-to weapon for the U.S., but the BRICS nations are done playing along. With their own currency in hand, they can circumvent American financial institutions and reclaim their power.

The unveiling of the BRICS Currency Note is more than just an economic maneuver—it’s a direct challenge to the global order. The U.S. stranglehold on the world economy is crumbling as these nations rise up and take control.

Conclusion: The Beginning of the End? The BRICS Currency Note could be the start of the end for the U.S. Dollar’s reign. As this revolution unfolds, we are witnessing a monumental shift in power—one where the U.S. no longer holds the ultimate financial weapon.

Read full post here:  https://dinarchronicles.com/2024/11/16/restored-republic-via-a-gcr-update-as-of-november-16-2024/

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

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

Frank26  All they talked about this week was the HCL.  As you know the HCL cannot be with a program rate.  It has to be with the new exchange rate.  I've always said to you IMO the moment you see the HCL, nanoseconds later you'll see the new exchange rate.  You're about to see the HCL because they're telling you this...

Bruce   [via WiserNow] ...everything is supposed to be triggered...Saturday night, which is the 16th...but it really shows up for us in the internet group Monday morning by noon, it's when we're supposed to get our notifications, and then we get set our appointments and go in for exchanges, either Monday, afternoon, evening or Tuesday... We should have Christmas before Thanksgiving, in a sense.

David Morgan: Are The BRICS More Aligned With The West Than It Seems?

Arcadia Economics:  11-16-2024

David Morgan: Are The BRICS More Aligned With The West Than It Seems? As the dust settles following this year's BRICS meeting, David Morgan reflects back at what happened, and raises some questions about how much of a western plan the BRICS are still following.

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

Bankruptcies Will Surge 118% As Layoffs Smash 2009 Financial Crisis Levels

Atlantis Report:  11-16-2024

Recent data indicates that achieving the Federal Reserve's 2% inflation target may require more time than initially anticipated. Concurrently, companies are grappling with significant challenges to their sustainability, resulting in layoffs reaching historic levels not seen since 2009. As bankruptcies continue to surge, we're looking at the worst financial crash in the last 20 years.

https://www.youtube.com/watch?v=M7Do3rj_d7Y

Iraq Economic News and Points to Ponder Saturday Afternoon 11-16-24

Central Bank Of Iraq's Hard Currency Sales Rise To More Than $1 Billion

economy | 04:43 - 11/16/2024   Mawazine News – Baghdad   The Central Bank of Iraq recorded an increase in its sales of hard currency (US dollars) during the past week, as total sales amounted to more than $1.434 billion, distributed over five days of auction.

According to the data, the average daily sales amounted to $286.996 million, representing an increase compared to the previous week, which recorded total sales of $1.169 billion.

Monday was the highest selling day during the past week, as sales amounted to $292.427 million, while Wednesday recorded the lowest sales at $281.979 million.

Foreign remittance sales accounted for the largest share, amounting to $1.380 billion, representing 96% of total sales, while cash sales amounted to only $54.200 million.

This increase comes within the framework of the Central Bank’s continued efforts to meet the market’s needs for foreign currency, while maintaining the stability of the exchange rate and enhancing external financial flows.   https://www.mawazin.net/Details.aspx?jimare=256625

Dollar Holds Steady At Start Of Week With Close

Economy  | 05:23 - 11/16/2024  Mawazine News – Baghdad  The dollar prices fell in the markets of Baghdad on Saturday, and in Erbil, the capital of the Kurdistan Region, with the closure of the stock exchange at the beginning of this week.

The dollar prices fell with the closing of the Al-Kifah and Al-Harithiya stock exchanges to record 150,350 Iraqi dinars per 100 dollars, while this morning it recorded 150,600 dinars per 100 dollars.

The selling prices also fell in exchange shops in the local markets in Baghdad, where the selling price reached 151,250 Iraqi dinars per 100 dollars, while the purchase price reached 149,250 dinars per 100 dollars.

In Erbil, the dollar recorded a slight decrease, where the selling price reached 150,450 dinars per 100 dollars, and the purchase price reached 150,350 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=256628

Financial Advisor: Good Performance Of Fiscal Space Reflects Government’s Ability To Increase Spending Without Problems

Political | 11/16/2024  Mawazine News – Baghdad  The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, confirmed today, Saturday, that the good performance of the fiscal space is an indication of the government's ability to increase spending without facing financial problems, noting that the temporary shortage in the flow of public revenues in some months did not disrupt the government's work.

Saleh said that "the government's financial policy worked towards the principle of fiscal space in the economy, which means that the pace of public spending, especially on investment projects, was not significantly affected by the temporary shortage in the flow of public revenues in some months."

Saleh added: "The good performance of the fiscal space indicates the government's ability to increase spending or provide social support that contributes to supporting the economy without causing serious financial problems such as inflation or a large deficit."

He continued: "This fiscal space is still available when the state's financial conditions are good, which allows the government to take fiscal policies that stimulate economic growth, such as increasing spending on infrastructure or improving social services."

  https://www.mawazin.net/Details.aspx?jimare=256624

Oil Prices Fall On Weak Chinese Demand, Uncertainty Over Rate Cut

Saturday 16 November 2024 08:55 | Economic Number of readings: 237

Baghdad / NINA / Oil prices fell by one dollar per barrel at the end of trading yesterday, Friday, heading towards a weekly loss, as investors are assessing indications that demand in China, the largest importer of crude, is still weak, in addition to a possible slowdown in the pace of the Federal Reserve's interest rate cuts.

Brent crude futures fell $1.09, or 1.5 percent, to $71.47 a barrel, while US West Texas Intermediate crude futures fell $1.18, or 1.7 percent, to $67.52. Over the week, Brent headed down 3.3 percent and WTI 4.1 percent.

Data from the National Bureau of Statistics showed crude refining activity at Chinese refiners fell 4.6 percent in October from a year earlier, marking a seventh straight month of year-on-year decline, amid some plant shutdowns and smaller independent refiners cutting operating rates. The

International Energy Agency (IEA) forecast global oil supply will outpace demand in 2025 even as cuts by the OPEC+ alliance, which groups OPEC members and allies such as Russia, continue, as rising output from the United States and other non-OPEC+ producers outweighs slowing demand.

The Paris-based agency raised its demand growth forecast by 60,000 barrels per day (bpd) in 2024 to 920,000 bpd, and left its 2025 oil demand growth forecast unchanged at 990,000 bpd.

OPEC this week also cut its forecast for global oil demand growth for this year and 2025, marking the fourth downward revision by the group. The organization for its forecast for 2024.

The US Energy Information Administration said that crude inventories rose by 2.1 million barrels last week, far exceeding analysts’ expectations for an increase of 750,000 barrels.

The administration reported at the same time that gasoline stocks fell by 4.4 million barrels last week to their lowest level since November 2022, compared with analysts’ expectations in a Reuters poll for an increase of 600,000 barrels.

The data also showed that distillate stocks, which include diesel and heating oil, unexpectedly fell by 1.4 million barrels. /End9   https://ninanews.com/Website/News/Details?key=1169284

Gold Prices Stabilize In Baghdad

Money and business  Economy News – Baghdad   Gold prices witnessed stability in the wholesale markets on Al-Nahr Street in the capital, Baghdad, where the selling price of one mithqal of 21 karat Gulf, Turkish and European gold was recorded at 532 thousand dinars, and the purchase price reached 528 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold was 502 thousand dinars, and the purchase price was 498 thousand.

As for prices in goldsmith shops, the selling price of a mithqal of 21-karat Gulf gold ranged between 535,000 and 545,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 505,000 and 515,000 dinars.   https://economy-news.net/content.php?id=49875

Al-Bandawi: Iraq Is Moving Towards Full Sovereignty With America’s Commitment To Withdraw Its Forces

Time: 2024/11/16 Read: 1,014 times  {Politics: Al Furat News} Member of the Parliamentary Security and Defense Committee, Ali Al Bandawi, said that Iraq is taking steps towards full sovereignty with the commitment of the United States of America to withdraw its forces.

Al-Bandawi told {Euphrates News} that: "Regarding the agreement between Iraq and America on the withdrawal of international coalition forces from Iraq, the agreement was made between Iraq and America and the Iraqi government is committed to this agreement and a series of dialogues and meetings were held."

He pointed out that "the United States and the new American president are supposed to complete the agreements, especially since there is a need to go in the economic direction instead of the military or war direction."

Al-Bandawi added that "Iraq's continuation of these dialogues with the American side will lead to a final agreement and the agreement is binding on the administration of the two countries," noting that "the speech of the Commander-in-Chief of the Armed Forces, Prime Minister Mohammed Shia al-Sudani, confirmed that it is binding because a joint high technical committee is completing the remaining final arrangements for the withdrawal of American and international forces from Iraq."

Iraqi officials said in statements last September that there is an agreement with a clear time frame between Washington and Baghdad on the issue, but Washington has remained largely silent.

Defense Minister Thabet al-Abbasi also confirmed two months ago that an agreement had been reached on the withdrawal of coalition forces over two years and transforming the relationship into a sustainable security partnership.

He said in a previous interview that "it was agreed to end the coalition's mission in two phases, the first phase begins this year and continues until 2025, while the second phase ends in 2026."

It is noteworthy that approximately 2,500 American soldiers are still present in Iraq as part of the international coalition, under a training and advisory mission and to assist Iraqi forces, after their numbers were reduced following the defeat of ISIS from the country in 2017.   LINK

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 11-16-24

Good Evening Dinar Recaps,

FINANCIAL INSTITUTIONS WILL DRIVE RWA TOKENIZATION’S TRILLION-DOLLAR GROWTH

The real-world asset tokenization industry is projected by some to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.

Financial institutions will be the main drivers of the growing tokenization industry leading up to 2030, which could potentially see more than 50-fold growth.

Real-world asset (RWA) tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities around these assets.

Large financial institutions will be the main drivers of the tokenization sector’s significant growth, according to Jesse Knutson, the head of operations at Bitfinex Securities.

Institutions are already driving significant growth in the crypto industry, which could spill over into the tokenization sector, Knutson told Cointelegraph during an exclusive at Plan B Lugano:

“It's the more nimble institutions, the fast movers, like the family offices, those kind of guys. I think they'll have an outsized impact in these early days. But eventually, the benefits of tokenization, they're going to pull in the mainstream institutional investors.

Some of the world’s largest financial institutions and business consulting firms say the RWA sector may see a more than 50-fold increase by 2030, potentially reaching over $30 trillion.

Tokenized securities: a $ trillion opportunity
Most firms predict that the RWA sector will reach a market size of between $4 trillion and $30 trillion by 2030.

RWA tokenization, market size predictions by 2030. Source: Tren Finance

If the sector were to achieve the median prediction of about $10 trillion, it would represent more than 54 times growth from its current value of around $185 billion, including the stablecoin market, according to a Tren Finance research report.

Still, stablecoins continue to dominate the RWA sector, accounting for over $170 billion of the market as of October 2024. In comparison, securities and treasuries tokenized onchain are valued at $2.2 billion.

RWA sector will follow the crypto industry’s growth trajectory: Bitfinex
Bitcoin saw significant growth this year, rising over 116% year-to-date, after receiving a significant institutional nod in the form of the first spot Bitcoin exchange-traded funds (ETFs) in the United States.

The RWA tokenization industry will likely follow the growth trajectory of the crypto space, said Bitfinex Securities’ Knutson:

“The consensus view is that markets are going to evolve, and the direction they're probably going to evolve is, is something similar to how the digital asset industry has grown over the years.”

Increasingly, more institutions are betting on the RWA sector’s success, including the world’s largest asset management firm, BlackRock. Other financial institutions are running tokenization pilots, including UBS Asset Management.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

HBAR GOES TO SPACE! SPACEX AND HEDERA TO PIONEER SATELLITE PAYMENT NETWORKS

▪️Hedera Hashgraph could be powering SpaceX to space after multiple key figures confirmed a groundbreaking partnership with Elon Musk’s company.

▪️Hedera’s ability to process trillions of transactions per second and track space traffic was part of the several reasons for its consideration.

Hedera Hashgraph (HBAR) could soon go into space as a renowned crypto investor and expert discloses a groundbreaking partnership with SpaceX. According to Shawn, Hedera would be primarily responsible for facilitating crypto transactions in space. 

Meanwhile, this could mark a huge breakthrough for satellite-to-satellite payment networks while subjecting transactions across Earth and space to a significant transformation.

Why Hedera?
According to experts, Hedera provides cutting-edge solutions to all the challenges of the previous blockchain technologies. Explaining this in a blog post authored by Shawn in 2023, it was disclosed that Hedera can facilitate trillions of transactions per second.

 Comparatively, Ethereum can only manage 12-15 transactions per second. Meanwhile, Hedera executes these levels of operation while consuming 970.000.000 less energy than Ethereum.

Explaining the application of Hashgraph in space, Shawn highlighted five key use cases in his post.

Secure Satellite Communication and Payment Networks
According to Shawn, SpaceX’s Starlink has issues with making uncensored, fast, and secure internet connectivity worldwide.

This has been a challenge since its internet access depends on the server infrastructure on Earth. In this case, a targeted attack on the data centers or global nuclear fallout could render this infrastructure useless. Fascinatingly, the use of Hashgraph technology alongside Starlink, according to Shawn, could put these disruptions under control.

Tokenization of Resources from Asteroid Mining
Shawn also argued that asteroids could be tokenized on Hashgraph with the extraction of the resources financed by people globally.

Space Supply Chain Management
Hashgraph is also reported to possess the ability to enable companies to monitor the carbon emissions of their supply chain. In addition to that, they can keep progress in every step of their production of a rocket from start to finish.

Tracking & Management of Space Traffic
According to the report, Hashgraph possesses unique qualities for managing space traffic. Seven of these features listed by Shawn are:

▪️Real-Time Monitoring and Coordination
▪️Decentralization
▪️Consensus and security
▪️Efficiency and scalability
▪️Interoperability
▪️Smart contract for automated responses
▪️Data integrity and transparency.

Smart Contracts for Autonomous Spacecraft and Space Vehicles
The combination of artificial intelligence and Hedera is reported to enable spacecraft and space vehicles to autonomously make decisions. Fascinatingly, this is said to be done by executing different predefined scenarios without necessarily minimizing human errors.

Smart contracts can be programmed with logic that allows spacecraft to make decisions based on real-time data. For example, if a satellite detects an obstacle or another satellite on a collision course, the smart contract can automatically execute maneuvers to avoid a collision without the need for ground intervention.

According to our investigation, the movement of Hedera to space has also been confirmed by the CEO of WISeKey Carlos Creus Moreira.

In his announcement on X, Moreira disclosed that this groundbreaking mission would redefine innovation.

World-first: testing the exchange of SEALCOIN directly from space as a proof of concept. This is a major leap forward in secure satellite communication and blockchain integration with Hedera Hashgraph, paving the way for the future of space-based digital cryptocurrency transactions.

Meanwhile, CNF has also reported that Cardano could be embarking on a partnership journey with SpaceX with the co-founder Charles Hoskinson recently dropping a teaser on X.

At press time, HBAR was trading at $0.085 after surging by 21% in the last 24 hours.

@ Newshounds News™.

Source:  Crypto News Flash

~~~~~~~~~

🌱MASSON CLASS 1) ID REQUIREMENTS FOR CRIMINAL TRESPASS SHERIFF HANDBOOK - ARE YOU FREE?  |  Youtube

Did you miss the Friday Night Constitutional Call last night?  You can catch it on our Youtube Channel at the link above.  Learn the steps to change your status to return your power and rights as a Citizen of the State.

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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Thank you Dinar Recaps

Gold Replacing Treasuries as Global Safe Haven: Andy Schectman

Gold Replacing Treasuries as Global Safe Haven: Andy Schectman

WTFinance:  11-15-2024

In a recent episode of the WTFinance podcast, listeners were treated to an enlightening discussion with Andy Schectman, the President of Miles Franklin Precious Metals Investments.

Known for his insightful perspectives on the economy and precious metals markets, Schectman provided a wealth of information on a variety of pressing topics that are shaping the financial landscape today.

As we navigated through a post-pandemic world, Schectman’s take on the current economic situation was both candid and eye-opening. He expressed concerns about the complexities of our economic recovery and the challenges that lie ahead.

 With inflation still a lingering issue and supply chain disruptions continuing to ripple through the market, Schectman emphasized the importance of being vigilant and proactive in these uncertain times.

One of the most discussed topics was the inconsistency surrounding Federal Reserve (Fed) rate cuts and their impact on yields. Traditionally, one would expect that lower interest rates would translate into decreased yields, but Schectman illuminated why this hasn’t been the case in today’s economic environment.

He attributed the stagnant yields to a deeper issue regarding market confidence and liquidity, suggesting that simply adjusting interest rates is not sufficient to ignite robust economic growth.

Schectman introduced listeners to the concept of financial repression, a situation where inflation outpaces interest rates, effectively eroding savings. He explained how this can serve as a double-edged sword: while it can benefit borrowers, it creates hardships for savers, particularly retirees who depend on fixed-income investments.

This ongoing repression could prompt investors to reconsider traditional saving mechanisms, potentially steering them toward assets such as precious metals, which have historically served as a hedge against inflation.

The conversation took a fascinating turn toward global geopolitics when Schectman delved into the implications of BRICS—a coalition of Brazil, Russia, India, China, and South Africa—and the emerging risks of a new axis of power. He theorized that as BRICS nations seek to offset Western economic dominance, they may forge new trade alliances and currency frameworks that could challenge the U.S. dollar’s supremacy.

This shift has monumental implications, not only for international trade but also for U.S. foreign policy and economic stability. Schectman encouraged listeners to stay abreast of these developments, as shifts in global alliances could have a direct impact on domestic economic conditions.

A particularly intriguing topic was the prospect of a BRICS currency. As member countries explore the possibility of creating a joint currency, Schectman noted the potential this could hold in facilitating trade among member nations without relying on the dollar.

This move could symbolize a significant shift toward a multipolar world economic system, fostering new dynamics in trade that could subsequently impact global markets.

Andy Schectman’s appearance on the WTFinance podcast was an enlightening session that provided listeners with a comprehensive view of the intricate economic issues facing us today. From the perplexities of interest rates to the emergence of BRICS as a formidable economic bloc, Schectman’s insights are invaluable for anyone looking to navigate the current financial landscape.

As we look ahead, it’s clear that understanding these evolving dynamics will be crucial in making informed investment decisions and preparing for potential shifts in both domestic and global markets. For those seeking to gain deeper insights into precious metals and the broader economy, this episode is a must-listen!

Whether you’re an investor, a financial professional, or simply someone interested in the world of finance, tuning into conversations like these can enrich your understanding of today’s complexities and uncertainties. Join us in the excitement and exploration of these vital topics as they unfold.

https://youtu.be/lXGbnpsoo2c

https://dinarchronicles.com/2024/11/15/wtfinance-gold-replacing-treasuries-as-global-safe-haven/

News, Rumors and Opinions Saturday 11-16-2024

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 Sat. 16 Nov. 2024

Compiled Sat. 16 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Fri. 15 Nov. 2024 Frank26 Bank Story: This time we didn’t go down, we just called the bank on Mon. 11 Nov. 2024. We said we want to see if we can exchange some currency and he said what kind of currency? We said Iraqi dinar. He didn’t even skip a beat, he said, well I’m not sure about that one right now let me talk to my colleagues and I’ll get back to you. Easy-peasy, we were just kind of shocked. 

 Frank Bank Story Cont…..He put me on hold and came back and he very calmly said sir… with the amount that you told us you have, the Brinks truck will come to your house and they will do the exchange right there in your house and then you'll be good to go.  It'll be in your bank.  

You'll be able to verify it on your phone, in your app that shows your banking information.  He said you'll be able to validate on a computer, all that jazz, that the money is in your account...

They're saying we should have and accountant and tax attorney.  They have a list of all that, that they'd be more than happy to share. I said no thank you I have all that covered...It was amazing.  Our jaws dropped...This was [last] Monday by the way..

 https://dinarevaluation.blogspot.com/2024/11/bank-story-from-frank26-13-nov.html?spref=tw

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

Thurs. 14 Nov. 2024 Wolverine:

The Dinar is actively trading on the Forex but fluctuating.

Redemption Centers did not show currency values on their screens until today.

Tier 4A (Admirals Group) to be notified on Saturday 16 Nov. with access to funds on Monday 18 Nov. 2024.

Tier 4B and Tier 3 Bond Sellers to be notified on Monday morning before Noon 18 Nov. 2024. We may start Monday afternoon, otherwise Tuesday morning 19 Nov. 2024.

Everything is to be (allegedly) triggered Saturday night 16 Nov.

No more delays, this is the last Call. Christmas before Thanksgiving!

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

Thurs. 14 Nov. 2024 Bruce:

Your R&R monies will already be in your Quantum Account that you will activate when you do your exchange.

You will have a new email account set up at the Redemption Center.

Your Quantum Card will only be used to transfer funds from your Quantum Account to your Master bank account with Wells. You can transfer to other banks from there.

A source at Social Security reported that Social Security increases are not going to be in October, but will be in the month of November. You will get your added payment (a 80% to 100% increase from what you are presently receiving) a week after you get your regular payment.

Bond Holders have been told they will receive their emails Thurs, Fri or Sat that would inform them of when they will have access to their accounts – which will likely be on Tues. 19 Nov.

They are rolling out the toll free numbers to Tier4b (us, the Internet Group) likely by Mon. 18 Nov. and we will be able to set appointments on Tues. 19 Nov.

BRICS are intending to bring out their Reserve Currency on Tues. 19 Nov.

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

Ginger: “Protecting my contacts, while I’m not permitted to explain the exact details, I’ll just tell you I’ve verified the most encouraging and LEGIT news for Tier 1 through Tier 4A/Bond holders that I’ve ever heard from my REAL People contacts on Wednesday. It took several hours to vet the details after work, so I’m reporting this, with extreme CONFIDENCE”.

Thurs. 14 Nov. 2024 Tony (forward from Fred Koch):

Tony said Monday 18 Nov. 2024 was to be our day.

It was his guess that the World Bank was holding the RV up because of an unexplained issue.

The emails hadn’t gone out as expected. Bank personnel were rousted out of bed 2:30am Sunday morning to prepare for Monday. When Monday came and went they were still put on standby because the RV could happen at any moment.

At one point Tony was interrupted by a text or phone call. He said that the caller told him RV was imminent and that the caller had given him the actual date. (Which Tony wouldn’t divulge)

So we were left with a timeframe (3 days) and an assurance on Bolivar (Soberano) exchange rate of 30 cents/ Soberano or $30 million/100 Digitale (100 million Soberano).

Thurs. 14 Nov. 2024 RV Highlights on Telegram: “We are almost there and it is always quiet before the storm. The levels above us will start on Fri. 15 Nov. 2024. There are over 7,000 regional call centers which will set your appointments. Those who do not get notified by email can find the information on the Web. It will be easily available. In Iraq their Victory Day is Dec. 10. We will go before the end of the month.”

Read full post here:  https://dinarchronicles.com/2024/11/16/restored-republic-via-a-gcr-update-as-of-november-16-2024/

***********

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

Mnt Goat    I had an interesting conversation with my CBI contact...Wednesday.   We talked about the new peg for the dinar. The new peg is established and will finally take the place for IQD peg instead the sole de facto peg to the US dollar. I was told we will shortly see news articles on this subject matter as they educate the citizens...

Militia Man  Article quote:  "The Turkish Central Bank supports these steps along with the Central Bank of Iraq for regulating financial operations between the two countries."   What does it do?   It contributes to facilitating commercial transactions...That's talking about international trade and that's what we're waiting for.  At some point they're going to have to have an international calculation and a Forex traded currency...

Fed To Face Existential Threat The Financial System | Michael Pento

Liberty and Finance:  11-15-2024

Portfolio manager Michael Pento highlights the inflationary risks tied to unchecked currency printing and the potential for a liquidity crisis, similar to past events.

Pento warns that such a crisis could freeze credit markets, leading to an economic collapse unless the Fed intervenes by printing even more money, exacerbating inflation.

He explains that gold is a favorable investment in scenarios of inflation or stagflation, as it thrives in environments of economic stagnation and rising prices.

INTERVIEW TIMELINE:

 0:00 Intro

1:25 Election & markets

13:00 Market risks

21:40 Pento Portfolio Strategies

https://www.youtube.com/watch?v=mO3GuAMBH_s