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

Ariel: We are but a hair’s away from cashing in.

Ariel: We are but a hair’s away from cashing in.

 𝙃𝙤𝙩 𝙊𝙛𝙛 𝙏𝙝𝙚 𝙋𝙧𝙚𝙨𝙨…

What did I tell you all?

Did you order Iranian Rials like I suggest?
Did you buy Vietnam Dong like I suggested?
Did you buy Zimbabwe notes like I suggested?

Because you are but a hair’s away from cashing in.

Ariel: We are but a hair’s away from cashing in.

 𝙃𝙤𝙩 𝙊𝙛𝙛 𝙏𝙝𝙚 𝙋𝙧𝙚𝙨𝙨…

What did I tell you all?

Did you order Iranian Rials like I suggest?
Did you buy Vietnam Dong like I suggested?
Did you buy Zimbabwe notes like I suggested?

Because you are but a hair’s away from cashing in.

Many people are going to have a hard time sleeping tonight.

Because regarding if it pops up tomorrow you will not know how to get comfortable simply because it looks like it’s already on there based on the chart below.

Incentive
Incentive
Incentive

People if this chart doesn’t convince you that things are moving I do not know what will. Because as I said before the Dinar goes 1st. Once that is released its game on for the rest of the 1st basket currencies. This shouldn’t even be on here.

Source(s):
https://x.com/Prolotario1/status/1857995856634347938
https://x.com/Prolotario1/status/1858003969273909361

https://dinarchronicles.com/2024/11/17/ariel-prolotario1-we-are-but-a-hairs-away-from-cashing-in/

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

“Coffee With MarkZ” Monday Morning Chat 11-18-2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning everyone. hope your weekend was good!

Member: Please let this be our week!!

Member: will we have Christmas before Thanksgiving this year?

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning everyone. hope your weekend was good!

Member: Please let this be our week!!

Member: will we have Christmas before Thanksgiving this year?

MZ: I think we could…. it would be tight…..but we could make it . I am heading back to Puerto Rica right after we finish this podcast.  Zester will be hosing the show tonight.

Member: All I want for Thanksgiving is an RV.. and not the one with wheels!

​​Mark, what do you make of the VND’s tease this weekend? $.39 cents???

MZ: I think it was a lovely tease and tells us how close we are.

Member: rates on the dong seem lower than previously estimated, Do you think VND will be .39 for us?

MZ: I still think rates will be higher than .39 cents….but I could live it. Just think we spent about $50 bucks for a million dong…..If it RVs at .39 cents that is a ROI of $390,000.00 per 1 million dong….who is going to complain about that? Turning $50 bucks into $390 thousand.

Member: Maybe they're priming the pump…Im hoping for at least a 1 to 1.

MZ: I am still hear a rate of low $2+

Member: I Found a million dong at a flea market for 2 dollars this weekend. Woot win

Member: Mark, isn't it an insanely good sign that the Rupiah, Rial, and Dong had visible rates to us plebains?  I wonder why we see it on some sites and not on forex/others?

MZ: It’s an extremely good sign…and I have had some feedback from some in high levels who say “Foreign officials in Iraq have confirmed that yesterday’s test rates (Referring to Saturdays test rates popping up on dinar and dong) are 100% legit. “  I am starting to get excited.

MZ: is it showing on some exchanges? Yes. Is it fully released? No   So it is showing there but not compete yet.

Member: Nader says the IQD is on forex.  He said that the dinar is on forex and soon we can buy and sell in Banks

Member: What were the test rates they saw?

MZ:one of them was $.39 cents for dong and most saw rates of upper $3’s to lower $4’s on dinar.

Member: We are hearing that the Bolivar will be about .30.

Member: I am just ready to turn in my foreign currencies no matter the exchange price.

Member: Rates don't really matter if they wont release them so we can exchange... IMO

MZ: In Iraq: “ Al Sayoud : A gathering of generations and political blocs will adopt a project from which a national government will emerge capable of crossing the country to safety” If you follow the theme of the articles in Iraq this weekend. They are making all the necessary moves to move into a new era in Iraq…..They are talking about how great and hopeful it is.

MZ: Then there is a great discussion in Iraq about “The Deletion of zeros and the evaluation of the dinar”  He talks about how the delete the zeros works and how it can increase the value!!!. Here is an example they used to try to keep it really simple   

MZ: For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar, making its currency twice as expensive when valued in US dollars as it was before. If the above-mentioned currency revaluation occurs, any assets held by a U.S. corporation in the foreign economy must be revalued. If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency.

MZ: the project to delete the zeros is to raise the value. Thus needing lower denomination bills. They are spelling it out for us.

MZ: “Controversial laws in 2025 budget schedules await resolution”  they are taking advangtage of the extended parliamentary session to finish these.

MZ: “Kurdistan Prepares for curfew on census days and reveals those excluded from it”  there are a lot of people telling us the census had to be done before they pull the trigger. Well, they are doing the census so we can check that box off. They are about to close everything down for 2 days. And everyone is staying home to get counted. 

MZ: Lots of expectations and possibilities for this week …..Stay calm. We are seeing an overwhelming amount of evidence this week.  

​​Member: I can't stay calm Mark Too excited for this week!

Member: I am calmly excited!

MZ: No updates from bond guys yet this morning. It’s too early in the day for banking to start on the west coast.

Member: I see metals are recovering.....spot gold up 40 bucks....XLM at .24

Member: any word on if we’re going to have to pay taxes when this happens?

Member: I say plan for the worst and hope for the best.

​​Member: MarkZ question is there anything else on your checklist that you’re still waiting to see before this thing gets the green light?????

Member: Mark what else absolutely has to be DONE in Iraq for this rv to actually go?

Member: If i hear soon or close or next week again im going to go crazy lol

Member: if this thing moved any slower, it would be going in reverse

Member: Wouldn't we have to wait until debt jubilee across the world happens, before the RV???

MZ: They should happen at the same time….That is how it was explained to me.

Member: I still think we will have to wait until after the inauguration on Jan 20

Member: What if the private groups go now and first for the RV….and the public goes after Jan 20 with the reset?  Just a thought.

Member: if the entire system crashes….it has to all go ASAP…..so we just watch it .

MZ: Zester is running the evening podcast.

Member: Thanks Mark and Mods. Have a safe trip today Mark.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

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

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

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

Youtube:     https://www.youtube.com/watch?v=sbIDi41xgMA

 

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Iraq News Highlights and Points to Ponder Monday AM 11-18-24

Delete Zeros And Evaluate The Dinar

Economic  11/18/2024     In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of devaluation.

 In a fixed exchange rate system (the system followed by Iraq),  only a decision from the state (the central bank) can change the official value of the currency, and developing economies are likely to use a fixed exchange rate system in order to limit speculation and provide a stable monetary system in the country.

Delete Zeros And Evaluate The Dinar

Economic  11/18/2024     In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of devaluation.

 In a fixed exchange rate system (the system followed by Iraq),  only a decision from the state (the central bank) can change the official value of the currency, and developing economies are likely to use a fixed exchange rate system in order to limit speculation and provide a stable monetary system in the country.

In a flexible exchange rate system, revaluation occurs on a regular basis, as evidenced by the noticeable fluctuations in the foreign exchange market and the associated exchange rates.

For example, the United States maintained a fixed exchange rate until 1973, when President Richard Nixon decided to abandon the gold standard and switch to a flexible exchange rate system.

As for China, despite having an advanced economy, its currency remained fixed until 1994, before the Chinese government revalued its currency in 2005, which was linked to the US dollar. After the revaluation, it was linked to a basket of global currencies.

The decision to revalue a domestic currency affects the economy as a whole, as it affects both the currency being examined and the valuation of assets held by foreign companies in that particular currency.

Since revaluation has the potential to change the exchange rate between two countries and their currencies, the book values ​​of assets held abroad may have to be adjusted to reflect the effect of the change in the exchange rate.

For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar, making its currency twice as expensive when valued in US dollars as it was before.

If the above-mentioned currency revaluation occurs, any assets held by a U.S. corporation in the foreign economy must be revalued.

 If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000.

This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency.

Another example is what the Iraqi government did in 2023 when it raised the value of the Iraqi dinar from 1450 dinars/dollar to 1300 dinars/dollar.    https://alsabaah.iq/106053-.html

Dollar Prices In Iraqi Markets

Economy   2024-11-18 | 1,111 views  Sumerian News – Economy   Publishes Sumerian News, exchange rates Dollar Today, Monday, November 18, 2024, in the stock exchanges Baghdad Basra and Erbil. Below is a list of prices:

Baghdad:  Selling price: 150,750   Buying price: 150,000

Erbil:  Selling price: 150,800   Buying price: 150,150

Basra:  Selling price: 150,500   Buying price: 149,750

Note that the price Official From the Central Bank, it is: 132,000 thousand dinars for each $100 denomination.   LINK

Iraq Rejects “COP29” Proposal: We Will Not Get Rid Of Fossil Fuels, As They Are The Basis Of Our Economy

Energy   Economy News – Baghdad    The head of the Parliamentary Health Committee, Majid Shankali, confirmed that Iraq rejects the idea of ​​getting rid of fossil fuels, which was a prominent title at the “COP29” climate conference, explaining that the Iraqi economy depends mainly on fossil fuels, pointing to Iraq’s strong role in the conference, especially since it will chair the “G7 Plus” summit with China in the next session.

Global voices and demands are rising to gradually eliminate fossil fuel operations and oil and gas projects in oil-producing countries, due to the pollution they cause, and replace them with alternative energy sources such as (solar - wind - water - thermal)

In a statement to the official agency, followed by "Al-Iqtisad News", Shankali said, "The participation of the parliamentary delegation in the COP29 conference came to follow up on the work of the negotiating delegation and keep pace with the latest developments in the conference,"

indicating that "the climate conference focused on important issues, most notably the gradual elimination of fossil fuels, which is one of the main pillars of the Iraqi economy, which we completely reject."

Shankali continued, “There is a proposal from Azerbaijan to support developing countries by oil countries, but this proposal was rejected, because most of the oil-producing countries are themselves developing countries.”

He pointed out that "the active political presence of the President of the Republic, undersecretaries of ministries and executive bodies, in addition to the legislative support of the Iraqi Parliament, strengthens Iraq's position in these conferences, especially since it will assume the presidency of the G7 Plus summit with China in the next session."   https://economy-news.net/content.php?id=49961

A Source Reviews The Factors That "Undermine" The Goals.. What Is Behind The Efforts To Form The "Central Gas" Company?

Policy  2024-11-18 | 909 views  Sumerian News-Politics  An oil source recorded several observations today, Monday, on the efforts to establish the "Middle Gas Company", considering that establishing this The company It is useless and his motives are to find a new outlet for positions.

Documents I reviewed showed Sumerian News, Member Submission Committee Oil and Gas Parliamentary Haibat Al-Halbousi requested prime minister Last July, the Central Gas Company was established based on the fifth and sixth licensing rounds and what Anbar will witness in terms of developing exploratory areas amounting to 9 gas areas.

In addition to another letter from the Minister of Oil, Hayan Abdul Ghani, which includes a study and recommendation to establish the Central Gas Company, similar to the Gas Company.

North And the Southern Gas, and is responsible for the exploration and development operations of the gas formations in Baghdad Anbar, Diyala, Wasit, Karbala, Najaf, Babil, and Diwaniyah.

But Source The informed oil expert, who spoke to Sumaria News, refusing to reveal his identity for reasons related to his work, said, “The mentioned number of exploration blocks is exaggerated and does not amount to 9 blocks in Anbar, but rather one block that was referred to a company that is not specialized in exploration and development. In fact, Anbar only includes the Akkas field, which was referred to a fictitious company,” he said.

He consideredSource“Managing a single field or a field with an exploration area does not require the establishment of a new company in the presence of the Central Oil Company, for several reasons, including technical reasons, as it is not possible to provide the necessary cadres to manage...

The company From Anbar Governorate, it is impossible for the cadres to move from North or South" To live in Anbar Governorate in the current situation, as evidenced by the fact that all the workers in the Akkas field currently are from Anbar and are only recent graduates who do not have any technical experience."

He added that "the current volume of work does not rise to the level of establishing a formation larger than a department, in addition to financial reasons, as establishing a company requires establishing very many financial grades and providing very large financial allocations to cover salaries and allowances that we do not need at the present time in light of the financial crisis and job slack and the presence of the Central Oil Company, which is doing its duty to work without the need to expand job grades."

In addition, there are administrative reasons according to Source He pointed out that "establishing a new company will increase the burden on the ministry in following up on work due to the dispersion of the source of information instead of concentrating it in one source."

He considered that linking the establishment of this The company Similar to the organizational and administrative structure of the two gas companies South And the north, this is not possible, because the gas company South It receives associated gas produced from the Basra fields, all of which are located within one geographical area, as is the case for gas North “Which receives gas from the Kirkuk fields, which are located in one geographical area,”

he added. “As for the central oil fields, they are distributed across 8 governorates, and it is not possible in any way to link all of these fields due to the vast geographical areas in which they are located,” noting that “the scope of work of the two gas companies is North

The south is for processing and manufacturing associated gas to obtain secondary products such as liquid gas, sulfur, dry gas, etc. (i.e. they are considered central processing stations) and they are not responsible for extracting gas, as it is the responsibility of extraction companies.

He explained that “in the central oil, the gas is completely processed in the fields of Al-Ahdab, Badra, and Sharq.BaghdadThe Akkas and Mansouriya projects also include treatment stations (meaning that treatment is carried out on-site in each field and according to modern international specifications), so there is no additional untreated gas to be sent to a new company for treatment purposes.”

He considered that “what was stated in the letter of the Ministry of Oil that the quantity to be invested by thisThe companyThe figure of 3,500 million cubic feet is a number that must be reviewed by the specialized departments in the ministry, as it is very far from the truth and it is impossible to have such numbers to be provided to this.

The company"New," considering that "what was mentioned above shows that there are no technical, financial, or administrative goals that require the establishment of a new gas company, but rather the goal is a political goal, perhaps for the purpose of exploiting positions and job grades," he said.  LINK

light Decrease In Dollar Exchange Rates In Local Markets

Monday 18 November 2024 10:56 | Economic Number of readings: 95  Baghdad / NINA / The dollar exchange rates recorded a slight decrease today, Monday, in the local markets in the capital, Baghdad, Basra and Erbil.   The exchange rates today were as follows: $100 = 150.750 dinars in Baghdad  $100 = 150.800 dinars in Erbil  $100 = 150.500 dinars in Basra.

https://ninanews.com/Website/News/Details?key=1169662

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

Seeds of Wisdom RV and Economic Updates Monday Morning 11-18-24

Good Morning Dinar Recaps,

BRICS COUNTRIES ARE REJECTING DE-DOLLARIZATION

The BRICS alliance was hellbent on kick-starting the de-dollarization agenda until the 16th summit in Russia’s Kazan regionThings have now taken a U-turn as the bloc members are slowly backtracking on the initiative.

The US dollar was seen as the main villain of the global economy where local currencies were kept at its mercy.

The agenda to break free from the clutches of the US dollar ignited the de-dollarization process started by the BRICS bloc.

Good Morning Dinar Recaps,

BRICS COUNTRIES ARE REJECTING DE-DOLLARIZATION

The BRICS alliance was hellbent on kick-starting the de-dollarization agenda until the 16th summit in Russia’s Kazan regionThings have now taken a U-turn as the bloc members are slowly backtracking on the initiative.

The US dollar was seen as the main villain of the global economy where local currencies were kept at its mercy.

The agenda to break free from the clutches of the US dollar ignited the de-dollarization process started by the BRICS bloc. 

After Trump reclaimed the White House, talks about using the US dollar for trade are growing among member nations. Trump vowed to introduce a 100% tariff on all goods coming into the US for countries that denounce the USD.

If the tariff comes into effect, the financial discrepancies could hit the BRICS alliance harder than thought. Their import and export sector will take the first hit leading to losses by paying up extra in taxes. This could make BRICS rethink their strategies as de-dollarization could only harm their native economies.

BRICS Slowly Backtracking on De-Dollarization

BRICS member India was the first to publicly reject the de-dollarization agenda kick-started by the bloc. The Foreign Minister of India, S. Jaishankar confirmed that the country is not interested in the de-dollarization process.

He revealed that India will use local currencies only when the option to not settle trade in the US dollar arises. “We have never actively targeted the US dollar. That’s not part of our economic, political, or strategic policy,” he said.

In addition, BRICS member Russia is also slowly backtracking on the de-dollarization process after Trump’s victory. Putin called the USD a “pillar of US power.” 

He added, “Our proposals are not aimed against [the] dollar. This is simply us rising to the challenge of modern times, in response towards the development of the economy we are thinking.”

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

BLACKROCK RECEIVES LICENSE TO OPERATE IN ABU DHABI

BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem.

BlackRockthe multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates.

According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region.

The company is also seeking a license to operate in the Abu Dhabi Global Market (ADGM), an international financial hub in Abu Dhabi, home to crypto companies like Blockdaemon, M2 and Laser Digital.

BlackRock to focus on AI infrastructure in Abu Dhabi


Despite the UAE being a popular crypto hub, the report did not mention digital assetsBlackRock’s Middle East head, Charles Hatami, said in a statement to Bloomberg that the company will focus on private markets and artificial intelligence infrastructure.  

The move aligns with broader AI investments in Abu DhabiOn April 16, Microsoft announced that it had invested $1.6 billion in an Abu Dhabi-based AI tech holding company called G42. The technology conglomerate said that the investment aims to push AI development in the region and globally.

On Sept. 17Microsoft also announced that it would be establishing two AI centers in Abu Dhabi as part of its global AI expansion. One center would support AI projects to solve “key societal goals,” while the other would develop industry standards for responsible AI use.

BlackRock has yet to provide further details on its plans for the UAE beyond obtaining a license to operate in the region.

Crypto-friendly investment fund lays roots in a digital asset hub
Hatami said Abu Dhabi has become a “global financial center.” He also praised the region’s government for being proactive and committed. The executive stated:

“Its strategic location, proactive government policies, and commitment to sustainable growth make it an ideal location for capital markets.”

BlackRock issues the iShares Bitcoin Trust ETF
, which gives United States-based investors exposure to Bitcoin. On Nov. 8, the spot Bitcoin ETF surpassed $33 billion in net assets, exceeding its iShares Gold Trust ETF, which gives investors exposure to gold.

The UAE continues to establish itself as a leader in digital finance. On Aug. 30, the country ranked third in a crypto adoption index released by Henley & Partners, an investment migration consultancy firm.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

🌱JUDICIAL NAME - LEGAL NAME - MAINTAINING SOVEREIGNTY #CONSTITUTION #SOVEREIGNTY  |  Youtube

Do you know how to sign your name?  Mason explains it!

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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

News, Rumors and Opinions Monday AM 11-18-2024

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 Mon. 18 Nov. 2024

Compiled Mon. 18 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Sat. 16 Nov. 2024 Wolverine: “I’ve had a lot of very positive messages come in that it has either started or was about to start. The Med Beds are coming this week. A Whale received his blessing and it was so emotional for him that he had a heart attack.”

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 Mon. 18 Nov. 2024

Compiled Mon. 18 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Sat. 16 Nov. 2024 Wolverine: “I’ve had a lot of very positive messages come in that it has either started or was about to start. The Med Beds are coming this week. A Whale received his blessing and it was so emotional for him that he had a heart attack.”

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

Everything triggered Sat. night 16 Nov. (allegedly)

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

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

~~~~~~~~~~

Thurs. 14 Nov. 2024 Bruce: (Rumors)

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. 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”.

On October 15, 2024, the White Hats Launched Asset-backed Digital Currencies in Several Strategic Nations, Erasing Trillions in Debt, Destroying the Deep State’s CBDC Rollout & Ending Central Banks’ Debt Security

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

TUES. 12 NOV. 2024 NESARA GESARA is often discussed as a transformative series of financial and political changes with significant and wide-reaching effects. Here’s a reorganized version of the impactful elements associated with NESARA GESARA you mentioned: …Nesara Gesara on Telegram

Financial Reset – Debt Forgiveness: All personal debts including mortgages, loans, and credit cards will be erased as part of a major financial reset, addressing long-standing financial inequities.

Tax Reform – New Tax System: The end of the IRS and the introduction of a 14% flat tax on non-essential goods, significantly altering how taxes are collected.

Monetary System Overhaul: The Federal Reserve will be dismantled, and a new “Rainbow Currency” backed by precious metals will be introduced, replacing current currency.

Humanitarian Initiatives: Extensive funding for global humanitarian projects to improve life quality worldwide.

Restitution for Past Wrongs: Restitution and redemption processes will address past constitutional violations and redistribute wealth from elites to the public.

NESARA GESARA: Envisioned as a global reset, these reforms aim to dismantle the old order and decentralize power, returning it to the people with comprehensive changes across finance, law, and societal structure. This plan is described as a blueprint for a worldwide revolution, emphasizing empowerment and justice.

Each of these points reflects significant shifts proposed under NESARA GESARA, highlighting its ambitious nature and the broad scope of its intended impact.

Read full post here:  https://dinarchronicles.com/2024/11/18/restored-republic-via-a-gcr-update-as-of-november-18-2024/

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

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

Mnt Goat   PRIME MINISTER: WE ADHERED TO THE GOAL OF COMPLETING THE GREATER FAW AS THE GATEWAY TO GREATER IRAQ”.   He explained that “this project has actually entered into the knots and paths of global trade and transport routes, which pass through the Middle East region, which has great strategic importance for global trade.” ...I usually try to pick out the most important article of all for the news period. This article tops them all today and all I can say is WOW! WOW! WOW!.. Iraq must now put on it’s BIG BOY pants and be the economic super giant it is destined to be. They are doing it right in front of our noses.

Frank26  Dr. Shabibi was looking for...the start of a year or at the start of a quarter.  That's why November and December to me is the time frame to show and reveal everything in the manner that Sudani just did...By confessing to Iraqi citizens that your currency is going to be so powerful very soon and then compares your currency to Kuwait...? ...All of these things Sudani has ever dreamed about giving Iraqi citizens is now in his hands.  He has the power...Sudani is trying to tell you get ready with our banks!

Gold Experts Answer Your Biggest Questions - Ultimate Gold Roundtable

Commodity Culture:  11-17-2024

Andy Schectman, Alasdair Macleod and Steve Hanke answer the biggest questions in the gold sector submitted by Commodity Culture viewers.

The trio cover everything from getting the best price when selling your gold bullion, to how to buy assets using gold in the event of a collapse of the fiat system, and everything in between.

00:00 Introduction

 00:40 Project mBridge

 07:17 Most Ominous Bubble

09:58 Selling Precious Metals

17:47 2% Inflation Target

 24:35 Buying Property With Gold

29:01 Bank Runs

32:52 Gold Revaluation

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

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

“Tidbits From TNT” Monday Morning 11-18-2024

TNT:

Tishwash:  Delete zeros and evaluate the dinar

Ali Daadoush

In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of devaluation.

In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency, and developing economies are likely to use a fixed exchange rate system in order to limit speculation and provide a stable monetary system in the country.

TNT:

Tishwash:  Delete zeros and evaluate the dinar

Ali Daadoush

In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate relative to a chosen baseline, which can include (wage rates, the price of gold, or a specific foreign currency), and revaluation is the opposite of devaluation.

In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency, and developing economies are likely to use a fixed exchange rate system in order to limit speculation and provide a stable monetary system in the country.

In a flexible exchange rate system, revaluation occurs on a regular basis, as evidenced by the noticeable fluctuations in the foreign exchange market and the associated exchange rates.

For example, the United States maintained a fixed exchange rate until 1973, when President Richard Nixon decided to abandon the gold standard and switch to a flexible exchange rate system.

 As for China, despite having an advanced economy, its currency remained fixed until 1994, before the Chinese government revalued its currency in 2005, which was linked to the US dollar. After the revaluation, it was linked to a basket of global currencies.

The decision to revalue a domestic currency affects the economy as a whole, as it affects both the currency being examined and the valuation of assets held by foreign companies in that particular currency.

Since revaluation has the potential to change the exchange rate between two countries and their currencies, the book values ​​of assets held abroad may have to be adjusted to reflect the effect of the change in the exchange rate.

For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar, making its currency twice as expensive when valued in US dollars as it was before.

If the above-mentioned currency revaluation occurs, any assets held by a U.S. corporation in the foreign economy must be revalued. If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency.

Another example is what the Iraqi government did in 2023 when it raised the value of the Iraqi dinar from 1450 dinars/dollar to 1300 dinars/dollar. link

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

Tishwash:  Al-Araji: Iraq stands on the cusp of a historic digital transformation

National Security Advisor, Qassim al-Araji, said on Monday that Iraq stands on the cusp of a historic digital transformation to promote sustainable infrastructure, pointing to Iraq's commitment to developing a comprehensive digital national strategy.
 
 Al-Araji said, in a speech during the Iraqi Digital Forum, which was attended by a reporter of the Iraqi News Agency (INA): "The Prime Minister sent his greetings and apologies for not attending due to an emergency circumstance."

"The forum represents a platform that brings together a group of local and international experts and leaders in the fields of technology and strategies to discuss and achieve a promising Iraqi digital vision," al-Araji said.

He added that "digital transformation is the basis of countries' progress, and Iraq stands on the threshold of a historic opportunity to determine its digital readiness and keep pace with global development," noting that "the forum reflects Iraq's commitment to establishing a safe and sustainable digital infrastructure."

He noted that "the forum aims to achieve a set of objectives, most notably:

Promote intersectoral cooperation by building effective partnerships between the public and private sectors, academic institutions and international bodies.

Addressing cybersecurity challenges as a key priority. 

Support e-commerce and electronic payment to facilitate economic operations. 

Enabling artificial intelligence in building an advanced digital economy.

"The National Security Adviser plays a pivotal role in formulating policies and legislation, co-ordinating between security and intelligence agencies, and preparing national strategies in various fields," al-Araji said.

He stressed "the importance of laying the foundations of a digital national strategy in line with government directions," pointing out that "the participation of prominent figures from the Parliament and advisors to the Prime Minister, along with representatives of international institutions and the director of the Arab Regional Center for Cybersecurity, reflects a serious commitment to promote integration between scientific research and innovation."

He praised "the efforts of Iraqi universities and the role of the private sector in supporting digital transformation," stressing that "the Supreme Committee for Digital Transformation, headed by the Prime Minister, is working to lay the right foundations to achieve a comprehensive digital transformation that contributes to eliminating financial and administrative corruption and reducing red tape, in a way that directly serves the citizen."   link

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

Tishwash:  Can the population census succeed in drawing a new economic policy in Iraq?

The Iraqi government is preparing to conduct a general population census on November 20, the first census to include all regions of Iraq in nearly 4 decades.

Iraq witnessed the last general population census that included all its governorates in 1987, and although the country conducted another population census in 1997, the latter did not include the governorates of the Kurdistan Region, because they were semi-independent from Iraq during the era of the former regime.

The population census represents a vital tool for formulating economic policies based on updated facts and data that enhance the government's ability to achieve comprehensive and balanced economic growth, while addressing economic and social challenges.

On the subject, the financial and banking specialist, Mustafa Hantoush, said in an interview with / Al-Maalouma / Agency that the Iraqi state's funds are scattered and it does not know where to direct them or where to start the development process, indicating that “The general population census is full of positives and has no negatives.”

He comes added, "There are no higher policies or clear lines to work on, and every country that puts forward its ideas far from the needs of society, and the population census will end this chaos by clarifying a number of important matters."

He pointed out that "Iraq has clear economic problems in work, housing and diversifying the economy, and the state cannot solve them except by conducting a general population census."

For his part, economic expert Dhurgham Muhammad confirmed that the results of the general population census will help the government reach a realistic formula and vision during the preparation and amendment of next year's budget schedules, while he pointed out the necessity of having a real reading of the future of oil prices for next year in order to determine a reasonable price for a barrel of oil that will be adopted by the 2025 budget.

Mohamed Ali said in a statement to Al-Maalouma Agency, “The amendments to the 2025 budget schedules will depend scientifically and realistically on the results of the general population census that will be conducted at the end of this month,” indicating that “the census Results will give the government clarity when conducting transfers and drawing up realistic development plans.” 

He added that "the authorities responsible for preparing the budget must re-read it for the future of oil prices and adopt an appropriate and realistic price that is consistent with the expectations of global oil market experts, when preparing the schedules for next year, as Most indicators confirm a decrease in oil prices for security and economic reasons.”

Recently, rumors have spread on social media that the general population census will lead to the cutting of welfare salaries or the imposition of new taxes on citizens.

In this context, MP Aref Al-Hamami said in an interview with Al-Maalouma, “What is being said is inaccurate and we deny it completely and in detail through our close knowledge of the census’s progress and its great benefits in preparing the country’s strategic Plans for decades in terms of economy and development.”

He pointed out that "effective participation with the provision of accurate information will ensure the existence of comprehensive data that gives the government a vision in drawing the foundations of its future plans directly."

The general population census will be launched on the 20th and 21st of this month in all Iraqi governorates, which will include a curfew. About 120,000 enumerators will participate in the census, while the Ministry of Planning confirmed that this census will contribute to knowing the real numbers of the population and the living conditions that will be invested for development purposes.   link

Mot............. Oh Yea.. Morning  

Mot: . Plurals Can Be So Weird Sometimes 

 

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MilitiaMan & Crew - IQD News Report - Contracts - Projects - Non Oil Revenue Streams - Activating Private Sector

MilitiaMan & Crew - IQD News Report - Contracts - Projects - Non Oil Revenue Streams - Activating Private Sector

11-17-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

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

MilitiaMan & Crew - IQD News Report - Contracts - Projects - Non Oil Revenue Streams - Activating Private Sector

11-17-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

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

https://www.youtube.com/watch?v=sk06SETFjm8

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Humor Dinar Recaps 20 Humor Dinar Recaps 20

Sunday Night “Humor While We Wait” Posted by Mot at TNT

TNT:

Mot:  A wife texted her husband:

"Hi, I’ll be late. Please cook dinner, wash all the dirty dishes, prepare our bed, and make sure the kids are asleep before I get back."

A moment later, she sent another text:

"Oh, and I forgot to mention... I also bought a bottle of BLUE LABEL PREMIUM SCOTCH WHISKY for you."

The husband immediately replied, "Really?"

TNT:

Mot:  A wife texted her husband:

"Hi, I’ll be late. Please cook dinner, wash all the dirty dishes, prepare our bed, and make sure the kids are asleep before I get back."

A moment later, she sent another text:

"Oh, and I forgot to mention... I also bought a bottle of BLUE LABEL PREMIUM SCOTCH WHISKY for you."

The husband immediately replied, "Really?"

She answered:

"No… I just wanted to make sure you read my first message."

Mot:  So he sat down and wrote a cheeky letter:

One evening, John invited his mother over for dinner. As they chatted and laughed around the table, she couldn’t help but notice his roommate, Judy, who was charming, witty, and undeniably attractive. For a while now, John's mom had been harboring a quiet suspicion about her son and his roommate, and watching them interact that night only fueled her curiosity.

Catching the inquisitive glint in his mother's eye, John finally leaned over and said with a grin, “Mom, I know exactly what you’re thinking. But trust me—Judy and I are just roommates, nothing more.”

His mother raised an eyebrow but let it slide, and the evening ended pleasantly.

A few days later, Judy approached John with a puzzled look. “You know that beautiful silver gravy ladle we use for special occasions? I haven’t seen it since your mom was over. You don’t think…?”

John laughed and replied, “I doubt it, but let me check with her just to be sure.”

So he sat down and wrote a cheeky letter:

“Dear Mom,

I’m not saying you *did* take the silver gravy ladle, and I’m not saying you *didn’t* take it. But the fact remains that it’s been missing ever since you came over for dinner.

Love, your son.”

A few days later, John received a letter back. His mother’s response was brief but razor-sharp:

“Dear John,

I’m not saying you *do* sleep with Judy, and I’m not saying you *don’t* sleep with her. But if she were sleeping in her own bed, she’d have found the gravy ladle by now.

Love, Mom.”

 ************

Mot:  a bit of Dating advice frum ole ""Mot"" of course 

Mot: .. Pregnancy Q&A

Mot: its how you say it

Mot: Dog walk……

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Iraq Economic News and Points to Ponder Sunday Afternoon 11-17-24

The President Of The Republic Stresses The Need To Develop A Future Strategy For Financial Policy According To Transparent Standards

Sunday 17 November 2024 13:06 | Economic Number of readings: 209  Baghdad / NINA / President of the Republic Abdul Latif Jamal Rashid stressed the necessity of developing a future strategy for financial policy according to transparent standards. The media department of the Presidency of the Republic stated in a statement that "President of the Republic Abdul Latif Jamal Rashid received at the Baghdad Palace, Governor of the Central Bank Ali Mohsen Al-Alaq.

" It added that "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."

The President Of The Republic Stresses The Need To Develop A Future Strategy For Financial Policy According To Transparent Standards

Sunday 17 November 2024 13:06 | Economic Number of readings: 209  Baghdad / NINA / President of the Republic Abdul Latif Jamal Rashid stressed the necessity of developing a future strategy for financial policy according to transparent standards. The media department of the Presidency of the Republic stated in a statement that "President of the Republic Abdul Latif Jamal Rashid received at the Baghdad Palace, Governor of the Central Bank Ali Mohsen Al-Alaq.

" It added that "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."

According to the statement, the President of the Republic stressed the necessity of developing a future strategy for financial policy according to clear transparent standards that contribute to developing the services provided to the citizen, and building a solid banking sector.

In turn, Al-Alaq reviewed the plans and procedures of the Central Bank aimed at developing the banking sector to play its role in facing economic challenges. / End 11 https://ninanews.com/Website/News/Details?key=1169498

Al-Atwani To The French Embassy Delegation: Halting External Borrowing Indicates An Improvement In Iraq’s Financial Policy

Money and business  Economy News – Baghdad  The head of the Finance Committee, Atwan Al-Atwani, explained on Sunday, during his meeting with the French embassy delegation, that the cessation of external borrowing indicates an improvement in Iraq's financial policy.

A statement issued by the media office of the Council of Representatives, and seen by "Economy News", stated that "the head of the Finance Committee, Atwan Al-Atwani, received a delegation from the Economic Attaché at the French Embassy in Baghdad."

The statement continued, "During the meeting, the financial and economic situation in the country was reviewed, in addition to the role of the Finance Committee in monitoring spending and implementing the items of the general budget.

" Al-Atwani pointed out "the priorities that his committee is currently working on, most notably maximizing non-oil revenues to avoid the risks of fluctuations in global oil prices on the Iraqi economy, in addition to preparing a package of important legislation that would bring about a qualitative shift in the financial and banking sector."

He explained that "the decline in foreign borrowing indicates an improvement in our financial policy," noting that "the decline in foreign debts came after conducting a comprehensive review of the feasibility of these loans, as we stopped them and began to pay off the old ones, and we obligated that borrowing be only for productive projects that achieve a financial return and not for consumer sectors."

Al-Atwani called on French companies to "enter the Iraqi market forcefully, especially since they have previous successful experiences in implementing strategic projects."

He pointed out that "the provisions of the general budget gave the government the opportunity to encourage foreign companies to invest their money in the country by providing sovereign guarantees."

For his part, the French delegation expressed its happiness with this fruitful meeting, stressing "his country's desire to strengthen relations in various development fields with Iraq in a way that achieves the interests of the two friendly peoples."   https://economy-news.net/content.php?id=49929

Gold Rises Again In Baghdad  

Stock Exchange  Economy News – Baghdad   The prices of foreign and Iraqi gold rose today, Sunday, in the local markets in Baghdad.

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 538 thousand dinars, and a purchase price of 534 thousand.

The selling price of one mithqal of 21-karat Iraqi gold reached 508 thousand dinars, and the purchase price was 504 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranged between 540,000 and 550,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 510,000 and 520,000 dinars.    https://economy-news.net/content.php?id=49919

Find Out The Dollar Exchange Rates In The Iraqi Markets With The Closing Of The Stock Exchange

Economy  |  11/17/2024   Mawazine News – Baghdad  The US dollar exchange rate stabilized in the capital Baghdad on Sunday, while it declined in Erbil, the capital of the Kurdistan Region, with the closing of the stock exchange.

The dollar prices stabilized with the closing of the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, to record 150,350 dinars per 100 dollars, the same prices recorded this morning.

As for the selling prices in the field of exchange in the local markets in Baghdad, they stabilized, as the selling price reached 151,250 dinars per 100 dollars, while the purchase price reached 149,250 dinars per 100 dollars.

In Erbil, the dollar recorded a decrease, as the selling price reached 150,100 dinars per 100 dollars, while the purchase price reached 150,000 dinars per 100 dollars.  https://www.mawazin.net/Details.aspx?jimare=256651

Central Bank Sells About $300 Million In Auction Today

Time: 2024/11/17 Read: 1,599 times  {Economic: Al Furat News} The Central Bank of Iraq’s dollar sales, on Sunday, amounted to more than $298 million in the currency auction.

The bank sold in its auction today 298 million, 833 thousand and 614 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.

Most of the dollar sales went to boost balances abroad in the form of transfers and credits, which amounted to $279,583,614, up 96% from cash sales of $19,250,000.

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

Decline In Iraq's Oil Exports To America During The Week

Time: 2024/11/17 09:20:12 Read: 1,170 times  {Economic: Al Furat News} The US Energy Information Administration announced, today, Sunday, a new decline in Iraq's oil exports to America during the past week.

The administration stated in a table that "the average US imports of crude oil during the past week from 9 major countries amounted to 5.703 million barrels per day, an increase of 104 thousand barrels per day from the previous week, which amounted to 5.599 million barrels per day."

She added that "Iraq's oil exports to America amounted to 121 thousand barrels per day last week, down by 62 thousand barrels per day from the previous week, which amounted to 183 thousand barrels per day."

The administration indicated that "the largest oil revenues for America during the past week came from Canada at a rate of 3.953 million barrels per day, followed by Mexico at an average of 384 thousand barrels per day, then Venezuela at an average of 359 thousand barrels per day, and Brazil at 280 thousand barrels per day."

According to the table, "the amount of US imports of crude oil from Ecuador amounted to 247 thousand barrels per day, from Colombia 142 thousand barrels per day, Saudi Arabia 140 thousand barrels per day, and Nigeria 77 thousand barrels per day, while it did not import any amount from Libya. LINK

A Workshop In Basra Discusses With Foreign Oil And Gas Companies Encouraging Investment And Development In The Province

Sunday 17 November 2024  Economic Number of readings: 128  Basra / NINA / The Security Committee of Basra Provincial Council sponsored, on Sunday, a workshop to reach a sustainable and effective partnership with foreign companies and encourage them to work and invest in the province.

The head of the committee, "Aqeel Talib Al-Furaiji," said according to his media office, "The workshop aims to reach a real, sustainable and effective partnership to reach a common vision between government sectors and security agencies with foreign companies operating in Basra through security, technical and informational communication according to the borders, contexts and controls in effect to encourage the active investment movement witnessed by Basra to return with economic, reconstruction and developmental benefits to Basra and Iraq in general."

He stressed the importance of this pivotal strategy that Basra Governor "Asaad Al-Eidani" worked on in the previous period, and what Basra witnessed in terms of development, reconstruction, construction, competition, rise and renaissance over the rest of the other provinces, including the capital Baghdad and the Kurdistan Region, and his giving the utmost importance to this vital file as it is one of the files of common interest that serves the interests of the local government and foreign companies wishing to invest and work in Basra."

For his part, the Director of Schlumberger Company in Iraq praised the holding of this workshop, which strengthens the relationship and work between the Iraqi authorities and foreign oil and gas companies, indicating that "this workshop represents an important link in the efforts to enhance cooperation and joint coordination to enhance security in the province, and enhance stability and development to create a more secure environment to encourage more investment and create a balance aimed at accelerating economic growth and deepening the spirit of cooperation between the Iraqi authorities and the oil and gas industry in the province." / End   https://ninanews.com/Website/News/Details?key=1169515

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

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

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

Good Afternoon Dinar Recaps,

RIPPLE IPO ON THE HORIZON? SBI CEO URGES ACTION AS XRP LAWSUIT HEATS UP

XRP surged above $1.20 over the weekend, marking an 87% weekly gain and hitting a three-year highThe rally gained momentum after 18 U.S. states sued the SEC and its chairman, Gary Gensler, accusing the agency of overreaching in its regulation of the crypto industryThis significant development reignited discussions around Ripple’s potential Initial Public Offering (IPO).

Good Afternoon Dinar Recaps,

RIPPLE IPO ON THE HORIZON? SBI CEO URGES ACTION AS XRP LAWSUIT HEATS UP

XRP surged above $1.20 over the weekend, marking an 87% weekly gain and hitting a three-year highThe rally gained momentum after 18 U.S. states sued the SEC and its chairman, Gary Gensler, accusing the agency of overreaching in its regulation of the crypto industryThis significant development reignited discussions around Ripple’s potential Initial Public Offering (IPO).

With Trump’s win, many speculations are doing the rounds like the Ripple vs SEC case dismissal, IPO, and Stablecoin launch. Since the regulatory matters are at ease, there are chances that Ripple may come with an IPO soon to maximize the current bull run.  

SBI CEO Pushes for Ripple’s IPO

Yoshitaka KitaoCEO of SBI Holdingshas urged Ripple to start preparing for an IPO “as soon as possible” once its legal battle with the SEC concludes. Ripple has been entangled in a prolonged lawsuit with the SEC, which recently filed an appeal in October. However, many analysts speculate that the SEC’s internal shake-ups could lead to the appeal being dropped, clearing Ripple’s path for a public offering.

Brad Garlinghouse’s Take on IPO Plans

Ripple CEO Brad Garlinghouse has reiterated that while an IPO is not currently a “high priority,” he hasn’t ruled it out entirelyIn 2022, he mentioned that Ripple would consider going public after resolving the SEC lawsuit. Though Ripple’s financial stability reduces the immediate need for an IPO, Garlinghouse had earlier envisioned the company going public within a year, a timeline disrupted by ongoing legal challenges.

Ripple Co-Founder Transfers XRP

Amid XRP’s price rally, Ripple co-founder Arthur Britto moved 80 million XRP tokens, with 10 million heading to Binance. This movement has sparked speculation within the community about Ripple’s potential plans, including whether the company is inching closer to an IPO.

Ripple’s Future at a Crossroads
While the IPO discussion gains traction, Ripple remains in a “wait-and-see” modeThe company’s past plans for an IPO were derailed by the SEC lawsuit, but recent legal and market developments may bring the idea back into focus. With regulatory hurdles potentially easing, Ripple’s IPO could mark a historic shift in its trajectory, offering investors a new avenue to engage with the blockchain leader.

In the meanwhile, XRP surged by 25% today, nearing the local resistance level of $1.0739. If buyers maintain momentum, a breakout could push the price to $1.10 and potentially to the $1.15-$1.20 range next week. However, if the weekly candle closes far from this resistance, a correction to the $0.90-$0.95 zone may occur. At press time, XRP trades at $1.0522.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

CRYPTO.COM EXPANDS OFFERINGS WITH ACQUISITION IN AUSTRALIA

Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission.

This move allows Crypto.com to broaden its financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users.

CEO Kris Marszalek highlighted the acquisition as a key step in the company’s mission to create a comprehensive financial services platform that simplifies user experiences and maximizes rewards.

This acquisition marks the second by Crypto.com to enhance traditional brokerage capabilities within its family of companies, following its earlier acquisition of SEC-registered broker-dealer Watchdog Capital, LLC, aimed at expanding its U.S. offerings.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

SEC CHAIR GARY GENSLER’S BEHAVIOR CANNOT BE CHALKED OFF AS ‘GOOD FAITH MISTAKES,’ SAYS TYLER WINKLEVOSS

Winklevoss believes that Gary Gensler should never be allowed to hold any position of influence to prevent future misuse of government power.

The actions of the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler cannot be “explained away” as “good faith mistakes,” former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss wrote in a post on X on Saturday. He added:

“It [Gensler’s actions] was entirely thought out, intentional, and purposeful to fulfill his personal, political agenda at any cost.”

Gensler carried out his actions regardless of consequences, Winklevoss said, calling Gensler “evil.” Gensler did not care if his actions meant “nuking an industry, tens of thousands of jobs, people’s livelihoods, billions of invested capital, and more.”

Winklevoss further stated that Gensler has caused irrevocable damage to the crypto industry and the country, which no “amount of apology can undo.”

Venting his frustration, Winklevoss wrote:

“Americans have had enough of their tax dollars going towards a government that is supposed to protect them, but instead is wielded against them by politicians looking to advance their careers.”

Winklevoss believes that Gensler should not be allowed to hold any position at “any institution, big or small.” He added that Gensler “should never again have a position of influence, power, or consequence.”

In fact, Winklevoss said that any institution, whether a company or university, that hires or works with Gensler after his stint at the SEC “is betraying the crypto industry and should be boycotted aggressively.”

According to Winklevoss, stopping Gensler from gaining any power again is the “only way” to prevent misuse of government power in the futureWinklevoss has long been a vocal critic of the SEC and Gensler, who he believes uses the ‘regulation through enforcement’ doctrine.

Winklevoss is far from being the only one accusing the SEC of abusing its powers. Earlier this week, 18 U.S. states, filed a lawsuit against the SEC and Gensler, alleging “gross government overreach.”

Republican President-elect Donald Trump promised to fire Gensler on his first day back at the White House during his election campaign. The Winklevoss brothers donated the maximum allowed amount per individual to Trump’s campaign.

The SEC is an independent agency, which means the President does not have the authority to fire Gensler. However, Gensler’s term ends in July 2025.

Trump transition team officials are preparing a short list of key financial agency heads they will present to the president-elect soon, Reuters reported earlier this month citing people familiar with the matter. So far, there are three contenders for the list: Dan Gallagher, former SEC commissioner and current chief legal and compliance officer at Robinhood; Paul Atkins, former SEC commissioner and CEO of consultancy firm Patomak Global Partners; and Robert Stebbins, a partner at law firm Willkie Farr & Gallagher who served as SEC general counsel during Trump’s first presidency.

While nothing is set in stone yet, Gallagher is the frontrunner, according to the report
.

@ Newshounds News™

Source:  CryptoSlate 

  ~~~~~~~~~

🌱ORIGINAL DESCRIPTIONS #CONSTITUTION #SOVEREIGNTY  |  Youtube

Mason gives us some history on our Constitution and who we are.  A very important message.

@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Thank you Dinar Recaps

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“Bits and Pieces “ in Dinarland Sunday Afternoon 11-17-2024

TNT:

Tishwash:  Iraq, World Bank discuss Advisory Project to Support Reforms

The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies.

The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy advice and strategic implementation support.

Discussions focused on the project's technical aspects and the coordination between governmental agencies and the World Bank. The initiative is structured around three pillars: advancing e-government capabilities, improving public resource management, and providing flexible support for priority reforms. link

TNT:

Tishwash:  Iraq, World Bank discuss Advisory Project to Support Reforms

The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies.

The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy advice and strategic implementation support.

Discussions focused on the project's technical aspects and the coordination between governmental agencies and the World Bank. The initiative is structured around three pillars: advancing e-government capabilities, improving public resource management, and providing flexible support for priority reforms. link

Thirty US companies visit Kurdistan Region, new agreement signed to enhance trade and investment

Kurdish and American companies signed an agreement to enhance coordination in trade and investment, the Kurdistan Region’s Board of Investment announced, on Sunday, during a visit by a delegation of 30 American companies.

In a press conference attended by Shafaq News correspondent, the Head of the Board, Mohammed Shukri, explained that “the American delegation met with Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani before holding a joint meeting at the Erbil Chamber of Commerce.”

The meeting included local business leaders and members of the Board of Investment, aiming to strengthen commercial cooperation and increase American investments in the region.

“Foreign expertise represents a significant opportunity to support Kurdistan’s economic and commercial sectors to achieve further growth,” Shukri emphasized.

“Kurdish and American businessmen agreed to enhance coordination and expand the scope of trade and foreign investments, despite current economic challenges,” he revealed. link

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Tishwash:  Opening of the Unified National Card System at the Iraqi Embassy in the Emirates

Today, Sunday, November 17, 2024, the Minister of Foreign Affairs, Fuad Hussein, inaugurated the unified national card system at the Embassy of the Republic of Iraq in the United Arab Emirates, in the presence of Ambassador Muzaffar Mustafa Al-Jubouri and the Consul General in Dubai and the Northern Emirates, Amad Abdul Hamid.

The Minister of Foreign Affairs stressed in a speech on the occasion, according to a statement by the ministry, received by "Baghdad Today", that: "The opening of the unified national card system represents a strategic step towards developing public services, and embodies the government's commitment to providing the best for every Iraqi citizen."

He explained that "the unified national card is not just an official identification document, but rather a symbol of the unity of Iraq and the cohesion of its people. The system aims to facilitate procedures for citizens, ensuring that they obtain services efficiently and quickly, without suffering."

For his part, the Iraqi Ambassador to the UAE, Muzaffar Mustafa Al-Jubouri, praised the “great efforts made by the Ministry of Foreign Affairs, headed by Minister Fuad Hussein, in cooperation with the Ministry of Interior, headed by Minister Abdul Amir Al-Shammari, to achieve this important project.”

He stressed that "this step comes in response to the needs of the Iraqi community abroad, which aspires to modern and effective services that strengthen its connection to the homeland," adding that "the project places the Iraqi citizen abroad at the heart of the priorities, which provides him with easy access to distinguished services."

At the end of the ceremony, the Minister of Foreign Affairs conducted an inspection tour to see the work of the system, where the specialized team sent by the Ministry of Interior provided a brief explanation of the mechanism for issuing the unified national card.

For their part, a group of Iraqi community members present expressed their thanks and appreciation for the consular services provided by the embassy, ​​praising the facilitation of their official transactions and the strengthening of their communication with their mother country.  link

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

Walkingstick  Billboards with lower note pictures and explanations about them, if that was true, if that had any possibility, then the moment that would happen would cause...there cannot be a gap between when they show it and when they release it [the rate] IMO.  Once they show [them], the time frame for them to release it [the rate] would have to be extremely short.  There should be no gap between the two events.  It should be simultaneously.  

Mnt Goat  ...if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation. WOW!  Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan...Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?

Countdown to the Next Great Depression (It Could Happen Sooner Than You Think)

Taylor Kenny:  11-17-2024

Discover the five crumbling pillars propping up the global financial system and the risks they pose to your wealth. From mounting global debt to overvalued assets and rising geopolitical tensions, these threats are accelerating toward a financial reckoning.

CHAPTERS:

 00:00 The crumbling financial system's faulty foundation

00:40 Pillar 1: Global debt explosion

01:17 The debt-to-GDP ratio crisis

 02:33 Pillar 2: Banking sector vulnerabilities

 03:09 Derivative exposure and shadow banking risks

 05:00 Pillar 3: Overvalued equities and assets

 06:11 Pillar 4: Corporate debt crisis

 07:21 Pillar 5: Rising geopolitical tensions

09:38 The potential for hyperinflation and currency reset

10:17 Why waiting to act is not an option

https://www.youtube.com/watch?v=rHHVj6HU4L0

 

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