Seeds of Wisdom RV and Economic Updates Saturday Afternoon 11-23-24

Good Afternoon Dinar Recaps

BRICS: MORGAN STANLEY PREDICTS THE FUTURE OF THE US DOLLAR

BRICS is challenging the dominance of the US dollar by spreading the de-dollarization agenda across the globe. The bloc is pushing local currencies for trade and convincing other developing countries to sideline the US dollar. Using local currencies will strengthen their native economies and give them a boost in the forex markets. Amid the BRICS de-dollarization initiative, leading investment bank Morgan Stanley has predicted the future of the US dollar

Three sectors (see link below) in the US will be affected if BRICS ditches the dollar for trade. The move will make the US dollar lose out on the global supply and demand dynamics and push it into the path of decline. If the US fails to import the dollar, inflation could hit the homeland leading to higher prices for basic necessities.

BRICS: Morgan Stanley Reveals How the US Dollar Will Survive the Challenges

Analysts from the leading investment bank Morgan Stanley predict that the US dollar will remain the dominant currency for a longer period despite the challenges from BRICS. The bank’s analyst highlighted that in terms of financial instability, investors flock to the US dollar and not the Chinese yuan.

Historically, the USD has maintained stability during a market crisis while other local currencies plummeted. The USD can withstand the whips of the currency market as it is backed by global trade, said Morgan Stanley on the BRICS de-dollarization initiative.

“Which currency would you want to own when global stock markets start to fall? And the global economy tends to head into recession?” said James Lord, Morgan Stanley’s Head of Foreign Exchange Strategy. “You want to be positioning in US dollars because that has historically been the exchange rate reaction to those kinds of events.” In conclusion, Morgan Stanley predicts that the US dollar will reign supreme against the onslaught of the BRICS alliance.

@ Newshounds News™

Source:  Watcher Guru

Three Sectors Affected

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COIN CENTER WARNS US POLICIES COULD SCARE AWAY CRYPTO INVESTORS DESPITE TRUMP WIN

Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers.

Non-profit crypto advocacy group Coin Center has warned that even though a Trump win is a net positive for the crypto industry, entrenched policies could still scare crypto innovators away from the United States.

In a Nov. 21 blog post analyzing the landscape of US crypto policy following the 2024 election,  Coin Center’s research director Van Valkenburgh shared three “grave threats” to the crypto users and developers in the US heading into 2025. 

All three threats are described broadly as “surveillance issues” and range from tax reporting and Anti-Money Laundering (AML) policy to the ongoing criminal proceedings involving the crypto mixer Tornado Cash and Bitcoin wallet service Samourai Wallet.

Three “grave” threats to crypto

The first major threat comes from the crypto reporting requirements under Section 6050I of the US tax code, which currently mandates warrantless reporting to the IRS for those who have received $10,000 in crypto. 

In August last year, Coin Center argued that these reporting requirements are unconstitutional. 

The second and third major threats stem from the sanctions placed on Tornado Cash and include the criminal charges for unlicensed money transmission brought against the mixing service and Samourai Wallet. 

Coin Center says the charges brought against Tornado Cash founder Roman Storm could set a worrying precedent for developers on non-custodial crypto services. 

“At the agency level, there’s reason to believe that controversial ongoing rulemakings will be frozen or even abandoned due to President Trump’s generally pro-crypto stance and his likely choices for appointees at the SEC and Treasury.”

However, Valkenburgh wrote that the new administration may not be interested in scaling back “overzealous” sanctions and AML policies. 

“The [Department of Justice] may change under a Trump administration, but it rightly guards its political independence and may therefore be unlikely to abandon these prosecutions because of a change in administration," Valkenburgh said. 

“We’re nonetheless hopeful that there can be progress here if it becomes increasingly clear that even with a friendlier SEC, draconian surveillance and control policies will continue to drive innovators away from the US, chill development, and deny ordinary Americans the benefits of these technologies.”

Valkenburgh added that the ongoing measures to prevent people from accessing crypto services do “very little to actually prevent criminals and terrorists” from using the tools.

@ Newshounds News™

Source:  CoinTelegraph

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🌱YOUR MONEY YOUR MORTGAGE AND MORE. AUDIO ONLY  |  Youtube

If you missed last night's Live Call you can listen here on our Youtube channel.

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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HOW THE 2020 ELECTION SET UP A LEGAL NIGHTMARE FOR 2024  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Weekend News With MarkZ 11-23-2024

Weekend News With MarkZ

MarkZ  Update- Some highlights by PDK-Not verbatim

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

MZ: We spend the first 45 minutes relaxing with Matt and Lucas, then dive into the news of the day. Iraqi Parliament returns to work on Monday to work on "important" laws

Member: Good morning . Happy weekend e everyone.

Member: Lots of “pundits” say “Before Thanksgiving”

MZ: Yes a lot of them are saying that because that is what we are hearing. Now we’ll see what happens.

Member:  Wouldn’t the Redemption folks want to celebrate Thanksgiving without the exchange event?

Member: it would be great if at least the call centers were open to make appointments …then the exchange centers open after Thanksgiving.

MZ: Iraq has a lot of things that start happening on Monday. Wrapping up the census and the parliament says they will start voting on important laws on Monday.   Many believe this includes the HCL.

MZ: “Iraqi Parliament resumes session on Monday with Important Laws”  these are controversial laws they have been tackling and a number of my sources believe the HCL Law is in there. That along with the census this coming week……so they can release the new rate. We all hope this is accurate.

MZ: A couple of group leaders are sounding off and saying they expect things by Thanksgiving and that we will have an exceptionally great week. I am hopeful they are accurate.

MZ: Most of my contacts expect a phenomenal Thanksgiving (or before)

MZ: “ Commission: This week will witness the ratification of the results of the Kurdistan Parliament elections”  More news for the HCL?

MZ: I was always told once the official announcement that HCL has passed has occurred- we were within days of the RV. That is why we keep watching it.

Member: Frank26 agrees that HCL passing gives us the RV.

MZ: “ The Central Bank of Iraq sells more than $894 Million in 3 days”  This is where they sell US dollars and take Iraqi dinar off the streets. That is an enormous chunk of IQD out of circulation.  They are clearly preparing for something big to support the value of their currency.

MZ: “Big Change for the Iraqi dinar “ from The Economic Ninja:  Going Mainstream and he is also talking about the Indonisian Rupiah and the Vietnamese Dong and the other currencies we have been watching that are suddenly showing huge increased….crazy numbers on increases of values while they test the system ….. https://www.youtube.com/watch?v=cmnZQSNSKHo

MZ: This has a lot of people excited…I am excited and my bankers are even more excited than me.

MZ: “Texas proposes Gold and Silver backed currencies to compete with fiat money” The whole word is preparing for this event. These are exciting times.

Member: I heard Norwest Bank has merged with Wells Fargo

Member: Won't it be nice to stop living on the edge, waiting for the RV, waiting for things to get better?

Member: IMO This week starting today is going to be STELLAR!

Member; Thanks Mark and Mods….I pray everyone has a wonderful weekend.

Member: Have a very blessed weekend everyone and see you all on Monday morning.

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=6iNr5vwHHH4

News, Rumors and Opinions Saturday 11-23-2024

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. 23 Nov. 2024

Compiled Sat. 23 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Fri. 22 Nov. 2024 Wolverine: We’ll be having some great news on Friday. It’s going to be a wonderful weekend and will all come together by Monday – on the Med Beds as well. Have a beautiful day.

Fri. 22 Nov. 2024 : A banker has all his exchange specialists ready to begin making appointments on Monday. The Iraqi budget must be approved by Mon. 25 Nov. 2024.

Fri. 22 Nov. 2024: BREAKING! The Global Currency Revolution: The Explosive Rise of the Iraqi Dinar, Vietnam Dong, and Zimbabwe Dollar – Are You Ready? – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2024/11/23/restored-republic-via-a-gcr-update-as-of-november-23-2024/

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Gold Telegraph: The US has an Opportunity to Restore its Monetary System

11-22-2024

Gold on track for best week in 1 year.

History, clues. Gold is always in that book.

Former Fed Chair Alan Greenspan in 1998:
“Central banks stand ready to lease gold in increasing quantities should the price rise.”

I will slowly reveal how central banks have influenced the gold price.

For years, I have said: Central banks FEAR gold.

Change is in the air.

BREAKING NEWS: U.S. FEDERAL RESERVE ANNOUNCES POLICY FRAMEWORK REVIEW

Powell says he is open to new ideas. Is he referring to new ideas other than flooding the system with money?

“Central bank’s current framework was approved in 2020…”

Source: https://www.reuters.com/markets/us/fed-announces-policy-framework-review-sets-conference-may-15-16-2024-11-22/

BREAKING NEWS: TEXAS PROPOSES GOLD AND SILVER-BACKED CURRENCIES TO COMPETE WITH FIAT MONEY

Now we are talking…

“Gold and silver-backed currency would be redeemable in specie or at the spot price of gold in U.S. dollars minus applicable fees…”

Source: https://www.kitco.com/news/article/2024-11-22/texas-proposes-gold-and-silver-backed-currencies-compete-fiat-money

The United States has an opportunity to restore the integrity of its monetary system by utilizing its gold reserves to anchor stability.

If this is radical, the Founding Fathers must be smiling—gold is enshrined in the Constitution as money.

Judy Shelton:  Proposal for a 50-year Treasury bond convertible into gold issued at the initiative of President Trump on July 4, 2026.   Link

https://dinarchronicles.com/2024/11/22/gold-telegraph-the-us-has-an-opportunity-to-restore-its-monetary-system/

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

Nader From The Mid East  We will not go more than $4 so don't waste your time and ask question about $16, $8, $11 and $12.  Don't even do that now.  Come out at $3, yes.  If they reinstate it will come out at 3 to 1... $2.83, $2.87 to 1 or more maybe.  But it will not be more than $4.  I think $4 is too much too because no money in the world cost that much...Give me $2.50 I'd be happy.

Militia Man  Article: “IMF: Arab country confirms commitment to flexible exchange rate”   Quote: “The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks.” …Flexible exchange rate…is one that is determined by market forces of supply and demand in the foreign exchange market. The IMF suggesting shocks to come is likely a heads up that change is coming.  Let’s hope that change to come is for Iraq’s exchange rate…

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China & Japan DUMP US Debt While China HOARDS Silver (Interest Rate Crisis)

Smart silver Stackers:  11-22-2024

China and Japan are unloading U.S. Treasuries at record levels, driving up long-term interest rates and putting the dollar under pressure. Meanwhile, China is stockpiling massive amounts of silver and quietly reshaping global markets. What does this mean for the U.S. economy, the debt crisis, and the future of precious metals? Find out in this deep dive!

https://www.youtube.com/watch?v=wGB0VFdrIBw

A BIG Change For The Iraq Dinar: the Economic Ninja

A BIG Change For The Iraq Dinar

The Economic Ninja:  11-22-2024

Are you following the latest Iraqi Dinar (IQD) news? In this video, we explore the Iraqi Dinar revaluation updates and what’s driving the recent changes in the Iraqi Dinar exchange rate.

With the IQD gaining value against the USD, it’s an exciting time for those tracking the Iraqi economy and currency markets.

 Whether you’re an investor or just curious about the Dinar’s potential, we’ll break down:

The latest developments impacting the Iraqi Dinar value Key factors behind the IQD’s rise against the U.S. Dollar What the revaluation could mean for global markets

Stay updated on the Iraqi Dinar revaluation news and exchange rate changes. Don’t miss this in-depth analysis of the trends shaping the future of the Iraqi economy and currency!

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

MilitiaMan & Crew News Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Prepare for Shocks-IMF

MilitiaMan & Crew News Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Prepare for Shocks-IMF

11-23-2024

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=lROvD2RcUVM

Seeds of Wisdom RV and Economic Updates Saturday Morning 11-23-24

Good Morning Dinar Recaps

GLOBAL ASSET MANAGER LAUNCHES XRP ETP WITH INDUSTRY-LEADING PRICING IN EUROPE

XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest.

XRP Gains Ground: Major ETP Launched by a Top European Asset Manager
Asset management firm Wisdomtree announced on Thursday the launch of its latest cryptocurrency exchange-traded product (ETP), the Wisdomtree Physical XRP (XRPW), on major European exchanges, including Deutsche Börse Xetra, Six Swiss Exchange, and Euronext in Paris and Amsterdam.

With a management expense ratio of 0.50%, the asset management firm stated that its XRP ETP is Europe’s most competitively priced offering for XRP exposure.

 Built for simplicity and security, Wisdomtree explained that the product is fully backed by XRP, providing exposure to its spot price through an institutional-grade, physically backed structure. According to the asset manager:

The Wisdomtree Physical XRP ETP is designed to offer investors a simple, secure, and cost-efficient way to gain exposure to the price of XRP. Investors also benefit from a dual-custody model with regulated custodians and with the underlying assets professionally secured in cold storage.

This latest addition expands Wisdomtree’s portfolio of nine cryptocurrency ETPs, which also cover bitcoin, ethereum, solana, and diversified crypto baskets. 

“Cryptocurrency ETPs represent an efficient way to keep investors in a regulated framework and are becoming the preferred vehicle to access cryptocurrencies,” Alexis Marinof, Head of Europe at Wisdomtree, highlighted the benefits of ETPs. 

“Wisdomtree leverages 20 years of expertise in providing and managing physically-backed ETPs for institutional investors. With over $100bn of assets under management globally across ETFs and ETPs, investors in our cryptocurrency ETPs can benefit from our global reach, scale and resources.”

@ Newshounds News™

Source:  Bitcoin News

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BRICS: INDIA PROVIDES UPDATE ON CBDC CURRENCY

BRICS member India is among the few countries that successfully launched a pilot basis of Central Bank Digital Currency (CBDC). The Reserve Bank of India (RBI) began testing the CBDC currency early this year for trade and common transactions. The RBI is testing the security aspects of digital currencies and conducting studies about their potential impact on the economy.

The launch of the CBDC could change the fortunes of BRICS member India, as it’s ahead of the curve in digital currencies. Out of the 198 countries in the world, 134 nations are currently working towards the formation of a CBDC currency. All the countries are currently in testing mode while only a few have reached the pilot testing phase.

BRICS: India Gives Update on CBDC Currency Progress

Apart from the de-dollarization agenda, BRICS is also looking to topple the US dollar with CBDC digital currencies. Reserve Bank of India’s Deputy Governor T Rabi Sankar confirmed that the CBDC pilot mode is in its advanced stages. 

Sankar signaled that the CBDC rollout will also be utilized for government, retail, and institutional users. When reporters questioned about its release date, the RBI deputy said that they were not in a hurry.

“We are in no hurry to roll it out (CBDC) immediately,” he said to reporters. The RBI deputy revealed that once things fall in place, details about the CBDC currency will be made public by BRICS. “Once we have some visibility of what the outcome or impact will be, we’ll roll it out. We don’t keep a specific timeline for that.”

Apart from India, its BRICS counterpart Russia is also in the advanced stages of testing its CBDC currency. Russia plans to launch the digital ruble and usher into a new era in the financial sector. Transactions in the US dollar will begin to decline gradually if BRICS starts using CBDC digital currencies for trade.

@ Newshounds News™

Source:  Watcher Guru

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🌱YOUR MONEY YOUR MORTGAGE AND MORE. AUDIO ONLY  |  Youtube

If you missed last night's Live Call you can listen here on our Youtube channel.

 @ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Newsletter

Thank you Dinar Recaps

4 Mistakes That Make You Feel Like You’re Living Paycheck to Paycheck

4 Mistakes That Make You Feel Like You’re Living Paycheck to Paycheck, According to Ramit Sethi

Marc Guberti  Fri, November 22, 2024  GOBankingRates

While it’s easy to come across statistics that show how many people are living paycheck to paycheck, Ramit Sethi provides various insights that suggest the opposite. It turns out people are doing better financially than what has been portrayed.

In a recent video, Sethi mentioned research that states 82% of individuals believe their finances are good or very good. Furthermore, the median American household has a $192,900 net worth and $8,000 stored in their checking and savings accounts.

Even with these optimistic data points, many people are still living paycheck to paycheck. Sethi presented common mistakes that make people feel like they have less than they really have. He also highlighted solutions that can help you feel better about your finances.

Lying To Yourself

Sethi started the video by mentioning the difference between not having enough money and making financial decisions. Some people who spend their entire paycheck each week allocate some of their cash toward tuition, a luxury car and other items.

Sethi went on to say that most people’s feelings about money do not match how they spend it. They may not feel like they have enough, but they are deploying their cash toward worthwhile expenses.

The “I Will Teach You To Be Rich” author provides an action step to address each mistake that makes you feel like you are living paycheck to paycheck. For this one, Sethi suggested creating a guilt-free spending account. After accounting for fixed costs, savings and investments, you can set aside some cash that you can spend as you wish.

This approach will allow more people to realize that they are using their hard-earned cash for discretionary expenses, which is a meaningful difference from living paycheck to paycheck.

You Don’t Have a ‘Financial Moat’

A financial moat offers a buffer of safety in case you lose your job. Sethi recommended setting up an emergency fund that covers three to six months of your expenses. For instance, if you spend $3,000 per month, you should build an emergency fund that has $9,000 to $18,000.

It’s important to keep this account separate from your checking and savings accounts. That way, you won’t mix up funds and can keep your finances more organized. Sethi’s action step for this common mistake is to gradually build your emergency savings. Even if you start at just $100 per month in your emergency savings account, it will grow over time. You can also capitalize on a high-yield savings account so your bank does some of the legwork for you.

TO READ MORE:  https://www.yahoo.com/finance/news/4-mistakes-feel-living-paycheck-170100438.html

“Tidbits From TNT” Saturday Morning 11-23-2024

TNT:

Tishwash:  Parliament resumes its sessions next week... and clarification of the mechanism for extending its legislative term

A member of the Parliamentary Legal Committee explained the mechanism for extending the legislative term of the House of Representatives.

Aref Al-Hamami told Al-Furat News Agency that "extending the legislative term of the House of Representatives does not require a vote, but rather only a decision from the Speaker of the House and his deputies to decide the legislative term."
He added, "The next session is scheduled to include the general amnesty and personal status laws, and work will be done to resolve them."

He added, "There is nothing new regarding the 2025 budget schedules, and we are waiting for them to arrive from the government."

The Speaker of the House of Representatives decided on the fourth of this month to resume sessions next week after the completion of the population census operations in the country.  link

Tishwash:  Expectations of an "elite" Iranian delegation arriving in Baghdad.. 3 files on the table

 An informed source expected, today, Friday (November 22, 2024), the arrival of an elite Iranian delegation to Baghdad within the next 72 hours.

The source said in an interview with "Baghdad Today", "Tehran has indirect lines of communication through 3 Arab countries, including Baghdad, with the White House to convey messages and positions regarding developments in the Middle East and ways to prevent it from reaching the stage of comprehensive war."

He added that "an elite Iranian delegation may arrive in Baghdad within the next 72 hours to discuss Tehran's positions on three files, most notably Gaza and Lebanon, the importance of stopping the war, and its vision of the situation and the roadmap that could stop the tensions at a certain point."

He pointed out that "Tehran is very open to the issue of stopping the war as quickly as possible and pressuring Western countries, including America, in order to move the pressure tools on the entity and stop the genocide machine," noting that "all indicators show that the Middle East is facing rapid changes, and the language of diplomacy may be slightly higher for the first time than the language of war."

In a related matter, an informed source revealed, on Thursday (November 21, 2024), an Iranian message with positive content to Washington through Iraqi mediators.

The source said in an interview with "Baghdad Today", "Tehran sent yesterday, through Iraqi mediators, an indirect message to America about its vision for resolving the crisis and the dangerous escalation in the Middle East, starting with ending the war of extermination in Gaza and southern Lebanon, stopping the bombing in Beirut and seeking a roadmap with an international vision."

He added that "the Iranian message carried diplomatic signals in most of its lines, which means that it wants to reach a solution that ends the current conflict according to a vision with specific dimensions, while indicating that it does not want a comprehensive war, but will engage in it if it is imposed on it directly."

He pointed out that "it can be sensed that the Iranian military option on Tel Aviv has been postponed at the present time in light of undeclared international efforts to prevent the explosion of the Middle East, in addition to waiting to see the new American president and how he will deal with the files of the East and his promises to end the war."

The source said that "Iran has begun to tone down its rhetoric towards diplomacy, through which solutions can be reached that contribute to stopping the bloodshed, while declaring a firm position that it will not abandon the axis of resistance."

Iraq played the role of mediator in the indirect dialogue between Washington and Tehran, and contributed to preventing events from developing into a major regional comprehensive war.   link

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Tishwash:  Protecting Iraq is an American duty: Security agreements are not just ink on paper

In a tense atmosphere that portends an unprecedented escalation, news continues about intensive security and diplomatic moves to prevent a confrontation between Israel and Iraq, against the backdrop of attacks by armed factions on Israeli sites. While Israel has filed an official complaint with the UN Security Council against Iraq, fears are growing of an “imminent” Israeli strike that could open the door to escalation in the region.

The political advisor to the Iraqi Prime Minister, Fadi Al-Shammari, said in press statements that “the Israeli threats have become tangible after the complaint that Tel Aviv filed with the Security Council.” He explained that the Iraqi government is working on more than one level to contain the crisis and avoid its disastrous repercussions.

Sources said that Baghdad received direct warnings from Washington that Israel was prepared to take military action unless the government could rein in the armed factions.

A source said that the Security Council is witnessing intense discussions regarding the Israeli complaint. He added: “Israel is trying to provide justifications for a possible military strike, claiming that the attacks are being launched from Iraqi territory with Iranian support.”

Washington in the circle of pressure

For its part, Washington finds itself in a sensitive position under the “Strategic Framework Agreement” with Baghdad, which imposes on it the responsibility to defend Iraq against any external threat.

However, observers believe that the American position may be less clear than it seems, as an analysis published by a Washington research center indicated that “Israel may resort to limited surgical strikes without waiting for a public green light from the United States.”

Between the field and diplomacy

A citizen named Ahmed Al-Saadi spoke about the tense atmosphere in a Facebook post, saying: “What is happening now brings to mind the atmosphere of war in the nineties. People here are afraid of the repercussions of any new confrontation.” In a tweet on the “X” platform, an account said: “If the news of an imminent Israeli strike is true, Iraq may witness one of its most complex crises since the fall of the former regime.”

Faction movements and internal balances

Field reports indicated that some armed factions have begun taking precautionary measures in preparation for any possible attack. A source close to one of the factions said in a private interview: “We are ready to defend Iraqi territory if Israel targets it.” But a citizen from Baghdad named Zainab al-Ali expressed her fears about the repercussions of these moves, saying: “Iraqis always pay the highest price in such conflicts.”

Future analysis and escalation expectations

According to strategic analyses, Israel is exploiting the escalation to impose a new equation in the region, which was confirmed by a reliable source, who said: “Any Israeli strike could be the beginning of an expansion of the conflict, as the factions will not only respond from within Iraq, but we may witness other fronts igniting.” He added: “The biggest fear is that Iraq will turn into an arena for settling regional scores.”

Iraq needs a unified position from political forces to ward off the Israeli threat, away from the divisions that have weakened the country over the past years.”  link

Mot: They are Sooooooooooo thoughtful -- HUH!!!! 

Mot: . Ohhhh Nooooo - the Weather is Upon Us! 

FRANK26……11-22-24…..THE T EFFECT…

KTFA

Friday Night Conference Call

FRANK26……11-22-24…..THE T EFFECT…

This video is in Frank’s and his team’s opinion only

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

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

Pre-Recorded MarkZ, Dr. Scott Young, and Zester on the Bitcoin act. 11/22/2024

MarkZ, Dr. Scott Young, and Zester on the Bitcoin act. 11/22/2024

MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions

MZ: This is a recorded video from this week on an interesting, proposed law that may give us an idea as to how the new financial system may work.

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/

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

Youtube:     https://www.youtube.com/watch?v=fzrW-0kutSQ

More News, Rumors and Opinions Friday PM 11-22-2024

KTFA:

Clare:  Al-Sudani directs census teams to complete their mission tomorrow, Friday

11/21/2024

Prime Minister Mohammed Shia Al-Sudani directed the census teams working on implementing the general population and housing census throughout Iraq to complete the census process tomorrow, Friday.

A statement from Al-Sudani's office stated that the latter urged all citizens to show full cooperation with the mobile teams and provide correct information in order to make this important development experiment a success, on which all service and economic sectors and development efforts depend.LINK

Clare:  Dollar-Dinar Exchange Rate Gap: Causes and Treatments

Dr. Haitham Hamid Mutlaq Al Mansour   11/22/2024

Iraq relies in its monetary policy to monitor the change in the value of its dinar against the dollar on a fixed exchange rate peg system. The overall policy aims to reduce the gap between the official and actual exchange rates and stabilize it close to the target exchange rate, curbing inflation, stimulating markets, commercial, financial and investment transactions, and stimulating growth

. Therefore, reducing the exchange gap at the target exchange rate level is one of the prominent issues facing the economic policy maker in Iraq in order to limit the major repercussions that go beyond the economic scope and crystallize significantly in the social stability of the country.

This gap becomes more evident through the variation in the dollar exchange rates and the fluctuation of the real value of the dinar. Either positively, it generates revenue, or negatively, it generates additional costs that cause repercussions on purchasing power without taking individuals and economic units into account, negatively affecting local and foreign savings and investment. The more the gap varies, the greater the economic cost of investment and the higher the levels of inflation, which increases the suffering of the limited-income family sector.

It has become known that the size of the Iraqi economy's GDP depends very heavily on the oil dollar, which is the main source of the Ministry of Finance's resources, instead of the non-oil dollar, which is called the non-oil export dollar, which has very low flexibility, resulting in a sharp decline in credit deposits in the accounts of traders exporting goods in Iraqi banks in exporting countries.

This dependence exposes the exchange gap to fluctuations in the global oil market. When global oil prices rise, we witness a decrease in the exchange gap due to the increase in the supply of the dollar, while in contrast, during periods of economic recession or when oil prices fall, the gap increases significantly when the government is unable to provide an adequate supply of dollars in the official window for buying and selling dollars. In such cases, traders are forced to search for alternatives through the parallel market, which exacerbates price pressures on the weakest groups.

Referring to the reasons that widened the exchange gap, they are multiple. In addition to what was mentioned above, the reasons can be traced according to the axis of indirect reasons that are linked to the country's trade policy and the problems of border crossings related to dollar smuggling, including those related to activating the role of crossings as an authentic source of revenue. There are also indirect reasons that have a political and security nature and medium- and long-term repercussions on the movement of money and investment.

While economic and monetary reasons stand out at the forefront of direct or technical reasons, some of them are related to the nature of the banking system and the extent of its credit capacity and the level of banking compliance with the monetary and credit conditions of the Federal Reserve, which affects the levels of supply of the petrodollar.

Therefore, we find that many international banks refuse to work as correspondent banks due to the low credit rating of our banking system as a result of smuggling operations, money laundering and sanctions that affect a third of Iraqi banks. Therefore, we find that they do not stand up in this regard, except for banks that have external partnerships with Arab banking capital. They derive international acceptance from the quality of the credit rating of those countries, which facilitates the process of opening accounts with correspondent banks. Therefore, there is fear that pressures on the dollar exchange rate will increase, widening the gap.

It is also noted that among the technical reasons that led to the widening of the gap are the successive changes in the official exchange rate threshold taken by successive government administrations. The gap witnessed a transition at the end of 2020 from the stable situation in which the gap between the official exchange rate of 0.118 dinars per dollar and the actual exchange rate of 1,200 dinars narrowed, to raise the threshold in 2021 to 1,450 due to the decision of the Central Bank at the time. Then the threshold rose this time after the Council of Ministers approved in February 2023 the decision of the Board of Directors of the Central Bank of Iraq to amend the official exchange rate of the dollar against the dinar, to the threshold of 1,300 dinars per dollar.

By following the parallel dollar exchange rate in November of this year 2024, we find that it has reached the limits of 1500 dinars per dollar and exceeded it, and that the Central Bank’s selling price for cash dollars, transfers, documentary credits, and international settlements for electronic cards is at the threshold of 1300 dinars per dollar. Therefore, it is concluded that the gap in the dollar exchange rate against the dinar is still widening despite the pressures of the Federal Reserve and the Central Bank’s efforts towards compliance.

Therefore, dealing with the gap between official and actual spending should require comprehensive, integrated policies that target technical and non-technical treatments within medium- and long-term planning, the most important of which are:

Reforming the structure of the banking system, developing its efficiency, and raising the levels of its credit capacity and the flexibility of its banking compliance.

Developing tools for targeting inflation and exchange rates, which would help reduce the exchange gap and achieve price stability.

Implementing solid reforms in the financial and monetary sectors to enhance the flexibility of banking performance in accordance with the SWIFT global financial settlement system.

Coordination between fiscal and monetary policies to achieve the target exchange rate by rationalizing government spending and tightening control over the money supply.

Economic policy should enhance transparency in all financial and banking operations, by implementing clear and strict control systems to contain opportunities for corruption and exploitation of the exchange gap.

Deepening the mechanisms of border control and combating administrative corruption to increase total revenue.

Government authorities must maintain and enhance security and political stability to contribute to building confidence between local and foreign investors on the one hand and the investment environment on the other, which will stimulate further stability and growth.

Formulating an economic policy that targets technical solutions to expand the non-oil production base, and serious planning on how to diversify sources of income for the overall economy. The path of developing the agricultural and industrial sectors will be the decisive factor in reducing imports and stimulating the growth of fixed capital accumulation for the private sector. Hence, the demand for the dollar for consumer import purposes will decrease.  LINK

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

Nader From The Mid East  They been talking about the exchange rate every day almost to get it better and better.  I think it's going to happen soon...I think it's coming.  I'm just going like this with my hands [rubbing them back in forth in anticipation.]

Militia Man  Article: "IMF: Arab country confirms commitment to flexible exchange rate"   Quote: "The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks." ...Flexible exchange rate...is one that is determined by market forces of supply and demand in the foreign exchange market. The IMF suggesting shocks to come is likely a heads up that change is coming.  Let's hope that change to come is for Iraq's exchange rate...

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Is the US Debt Crisis Fueling Gold's Rise? Feat Schectman, Hemke, and Kientz - LFTV Ep 200

Kinesis Money:  11-22-2024

In this milestone 200th episode of Live from the Vault, Andrew Maguire is joined by Andy Schectman, Craig Hemke, and Rob Kientz for an in-depth roundtable on how rising interest rates and speculative trading are shaking up gold and silver prices.

The panel explores the implications of these market dynamics and highlights global economic challenges, such as the growing US debt and inflation, urging the importance of holding precious metals as a safeguard against financial uncertainty.

Check out our amazing guests:

Timestamps:

 00:00 Start

02:40 Introduction of panel: Andy Schectman, Craig Hemke, and Rob Kientz

03:40 The potential impact of Trump’s victory on the gold market

 22:25 Expert insights on the possibly incoming revaluation of gold

39:50 The future of money: it’s already unfolding

 46:20 Key concerns in politics and monetary policy

 57:20 Dislocations between bonds, the dollar, and gold

https://www.youtube.com/watch?v=KXwhLW7Ezl0