News, Rumors and Opinions Sunday AM 11-24-2024

Dinar Recaps Note:  We are so sorry to report that Gary from PTR ( A private RV-info site) has passed away Saturday evening. It is so sad that Gary -like many did not make it across the RV finish line. Our prayers are with his family and friends and may he rest in peace.

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Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 24 Nov. 2024

Compiled Sun. 24 Nov. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Sat. 23 Nov. 2024: A very credible source said that the RV would occur prior to or around Thanksgiving.

Sat. 23 Nov. 2024 Wolverine: “We are definitely going to have a good Christmas. Just letting you know that I’m now under NDA. I cannot talk right now so I cannot hurt the process. Please respect my NDA guys. We are now definitely close.”

Sat. 23 Nov. 2024 FACTOR 2: THE QUANTUM FINANCIAL SYSTEM (QFS) …Carolyn Bessette Kennedy on Telegram https://t.me/CarolynKennedy_Bessette

Patriots, the Quantum Financial System is here, and it’s about to flip the entire global banking system on its head. This isn’t just an upgrade—it’s a revolution. Say goodbye to corruption, manipulation, and the stranglehold of the elites.

The Key Elements of the QFS: Gold-backed currencies and assets: No more fiat lies. Every currency will be backed by real gold.

Digital certificates tied to physical gold: Exchange your digital assets for actual gold. The globalists can’t rig this system—gold is the great equalizer.

Chinese Elders’ Gold as a global reserve: Yes, the cabal has been outplayed. This gold is supporting currencies worldwide, ensuring stability and fairness for ALL nations.

Asset-backed fund transfers via STARLINK: Using GPS technology, funds are now tracked and transferred with unmatched security and speed. STARLINK isn’t just about satellites—it’s the weapon of financial liberation.

Quantum Computing: The End of Bank Corruption: 3.5 trillion frames per second processing power: Instant payments. No delays. No excuses.

Independent, decentralized banking monitoring: The days of secret accounts, offshore hiding, and elite manipulation are OVER.

Three main QFS powerhouses: Swiss Banking Group, BRICS-Indus Alliance, U.S. Space Force – That’s right. The U.S. military is at the helm, ensuring the Deepstate has NO chance of infiltrating this system.

Photon technology: Cutting-edge advancements make the QFS impenetrable. The globalists have NOTHING that can rival this.

ISO-certified digital currencies only! Only currencies that meet the strictest standards of security and fairness will operate in this new system.

Central Bank Digital Currencies (CBDCs): But NOT like the cabal’s version. These are gold-backed, controlled by patriots, and designed to serve the people—not enslave them.

Gold Bonds: A powerful tool to reset the financial system and ensure lasting prosperity.

This is the Storm, Patriots: The QFS doesn’t just change the game—it obliterates the Deepstate’s ability to manipulate, control, and steal from us. The days of the cabal using money as a weapon are over.

This is our system. Our future. Our victory. Spread the word. The Quantum Financial System is here, and NOTHING can stop what’s coming.

Read full post here:  https://dinarchronicles.com/2024/11/24/restored-republic-via-a-gcr-update-as-of-november-24-2024/

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

Nader From The Mid East  I don't want you to get excited and think we're rich already because we're not yet.  Remember what I always say, in January things always happen in January with Iraq...It can happen before.  It can happen after too.  But me, I have a strong believe January we're going to see very good news.

Militia Man  When they change the value of their currency, things will become cheaper...The bottom line is if they raise the value, let's say they come back to where they were before it was shut off during the Saddam Hussein era at around $3.22, they'll be able to pay for a lot of products and materials for a lot cheaper.  That is going to be a  powerful thing.  That's going to be a benefit to purchasing power...to the citizens.

5 Banks On HIGH ALERT As S&P 500 Signals MAJOR Crisis!

Atlantis Report:  11-22-2024

The US banking system's fragility has been brought to attention once again. The S&P 500 has issued a chilling warning that has sent shockwaves through the banking industry.

The renowned index tracking agency has downgraded five major regional banks. This move has raised alarm bells across the sector, with many citing mounting concerns over their exposure to the commercial real estate market and looming loan maturities.

The recent development has raised concern about the possibility of another banking crisis similar to the one that occurred during the Great Recession. Today, we will examine the imminent banking crisis and the fate of these five regional banks.

https://www.youtube.com/watch?v=ID5hHtfy-0E

The Total Market Melt-Up has Begun

Heresy Financial:  11-22-2024

TIMECODES

0:00 Boom or Bust?

0:42 Why Asset Prices are Going Up

2:58 What is Causing the Melt-Up

6:07 Why is the Money Supply Growing

8:40 How Govt Continues to Increase their Debt

9:31 Inflation

10:29 Debt Will Be More Expensive

https://www.youtube.com/watch?v=Eu5qtUGP16c

Dollar Devaluation Exposed, Gold up 800% in the Last 24 Years

Dollar Devaluation Exposed, Gold up 800% in the Last 24 Years

Kitco News:  11-22-2024

In a compelling analysis of the market landscape, Rich Checkan, President and COO of Asset Strategies International, has emphasized the remarkable performance of gold over the past 24 years, showcasing an astounding increase of over 800%.

This significant rise makes gold a standout asset, outperforming all major indices this millennium, and raising critical questions about the stability of traditional investments amidst the devaluation of the U.S. dollar.

Checkan shared his insights during an interview with Kitco News anchor Jeremy Szafron at the New Orleans Investment Conference, where he outlined the implications of economic policies and geopolitical tensions on various investment avenues. His remarks reflected a growing concern about the “real” performance of equity markets, which have been buoyed by the apparent rise in stock prices but are increasingly questioned due to the U.S. dollar’s loss of purchasing power.

The crux of Checkan’s argument lies in the persistent devaluation of the U.S. dollar, a phenomenon that has profound implications for investors.

As the dollar weakens, its purchasing power diminishes, rendering traditional assets like stocks, bonds, and real estate less reliable as hedges against inflation. In stark contrast, gold emerges as a durable safe haven, with Checkan noting that it is often viewed as a “d**d asset” for its lack of interest or dividends. Yet, its remarkable appreciation underscores its role as a stronghold during economic uncertainty.

“In the last 24+ years, gold is up 818%,” Checkan pointed out, highlighting its resilience in the face of financial instability. This striking statistic serves as a reminder to investors that sometimes, alternative assets may provide greater security and return potential than conventional investments.

The conversation also delved into how geopolitical tensions and government fiscal policies can directly impact the precious metals market. As nations grapple with conflict, instability, and economic changes, investors often flock to gold for its historical status as a store of value. Checkan noted that this behavior is particularly pronounced in environments where uncertainty reigns, making gold an attractive refuge.

Moreover, with ongoing discussions about inflation rates, interest rates, and expansive monetary policies, the interaction between fiscal measures and precious metals cannot be understated. The policies implemented by governments worldwide, particularly those related to money supply and stimulus measures, have significant ramifications for gold prices as they influence market confidence and investor behavior.

While Checkan primarily focused on gold, he also touched on the burgeoning realm of cryptocurrencies, specifically Bitcoin. As digital currencies gain traction, the perception of value and the diversification of portfolios continue to evolve.

Bitcoin, often dubbed “digital gold,” has attracted attention as both a speculative asset and a potential long-term store of value. Checkan’s outlook on Bitcoin encapsulates a broader conversation about the future of currencies and the ways in which they can coexist with traditional assets like gold.

As investors sift through the complexities of today’s financial landscape, Checkan’s insights serve as a crucial framework for understanding the dynamics of wealth preservation and growth. The impressive 800% increase in gold over more than two decades starkly contrasts with the volatility observed within equity markets. For many, gold’s enduring allure as a safe haven asset will continue to shine brightly, particularly in times of economic turbulence.

With Checkan’s observations echoing the sentiments of many financial experts, it appears that diversifying portfolios to include precious metals may not only be prudent but necessary.

As the world grapples with the interplay of currency fluctuations, geopolitical unrest, and inflationary fears, gold stands out not just as a commodity, but as a cornerstone of modern investment strategies.

https://youtu.be/VYEULHCZrYo

Some “Gold-Backed” News Saturday 11-23-2024

Judy Shelton: "Why Don't We Use Our Gold As Collateral For A New Treasury Debt Instrument"

Arcadia Economics:  11-23-2024

Judy Shelton: "Why Don't We Use Our Gold As Collateral For A New Treasury Debt Instrument"

Former Trump economic advisor Judy Shelton has talked a lot about bringing gold back into the monetary system in the US.

And while she has not yet been officially brought back aboard Trump's team, it sure is fascinating to imagine what could happen if she is.

Because in a recent interview with David Morgan of The Morgan Report, in addition to sharing some fascinating monetary history, including how even Fed officials like Paul Volcker and Alan Greenspan agree that 2% inflation is far from the definition of stable, she also proposes the idea of using the nation's gold as collateral for a new treasury debt instrument.

Which is fascinating to hear, especially at the same time when the eastern half of the world continues to express a desire to turn to gold in place of treasuries.

So whether you're a monetary advocate, historian, or someone who just wants to navigate the changes to our monetary system that are coming, you're really going to enjoy this interview.

And to hear David Morgan talk with Judy Shelton, just click to watch the video now!

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

Texas proposes gold and silver-backed currencies to compete with fiat money

Kitco News:  11-23-2024

(Kitco News) – In a quest for sound money, a Texas lawmaker has filed two bills that, if passed, would create gold and silver-backed transactional currencies, backed 100% by the underlying asset, that would serve as legal tender in the state.

According to a report from the Tenth Amendment Center, Texas State Representative Mark Dorazio filed House Bill 1049 and House Bill 1056 on November 12, two bills with similar language that would add provisions to different sections of the Texas legal code.

“Under the proposed law, the Texas Comptroller would issue gold and silver specie (coins) through the Texas Bullion Depository and also establish gold and silver transactional currency defined as ‘the representation of gold and silver specie and bullion held in the pooled depository account,’” wrote Mike Maharrey, Communications Director at the Tenth Amendment Center. “The Depository would be required to hold enough gold and silver to back 100 percent of the issued currency.”

If approved, the bills would enable “Holders of gold and silver specie and currency to use them as ‘legal tender in payment of debt,’ in the state of Texas,” he noted. “The gold and silver-backed currency would be electronically transferable to another person. Gold and silver-backed currency would be redeemable in specie or at the spot price of gold in U.S. dollars minus applicable fees.”

Said differently, the passage of either bill would allow anyone in the state to conduct business transactions using gold or silver. 

“The passage of this legislation would create a sound money alternative to U.S. dollars in both physical and electronic form,” Maharrey said. “Using gold and silver-backed transactional currency, any person or entity would be able to do business using a debit card that seamlessly converts gold and silver to fiat currency in the background. Private individuals and businesses would be able to purchase goods and services using assets held in the Texas Gold Depository in the same way they use dollars held in a bank today.”

He stressed that the ability to use gold and silver-backed transactional currencies “would give people a way to shield themselves from the rapid loss of purchasing power inherent in the fiat dollar.” 

“Over time, making gold and silver available for regular, daily transactions by the general public could have a wide-ranging impact,” Maharrey noted. “Professor William Greene is an expert on constitutional tender and said in a paper for the Mises Institute that if people in multiple states actually start using gold and silver instead of Federal Reserve notes, it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money.”

According to Greene, “Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do will lead to a ‘reverse Gresham’s Law’ effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve notes).”

“As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the state’s treasury, an influx of banking business from outside of the state – as people in other states carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve notes for any transactions,” Greene added

“Gresham’s Law holds that ‘bad money drives out good,’” Maharrey explained. “For example, when the U.S. government replaced silver quarters and dimes with coins made primarily of less valuable copper, the cheap coins drove the silver out of circulation. People hoarded the more valuable silver coins and spent the less valuable copper money.”

This led him to ask, “So, how do you reverse Gresham?”

“The key is to make it easier to use gold and silver in everyday transactions,” he said. “The reason bad money drives out good is that governments put up barriers to using sound money in day-to-day life. That makes it more costly to spend gold and silver and incentivizes hoarding.” 

“When you remove legal and tax barriers, you level the playing field and allow gold and silver to compete head-to-head with Federal Reserve notes,” he added. “On an even playing field, gold and silver beat fiat money every time.”

Maharrey highlighted the U.S. Consitution to strengthen his case, noting that Article I, Section 10 decrees that “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.”

“In most states, debts and taxes must either get paid with Federal Reserve Notes (dollars), authorized as legal tender by Congress, or with coins issued by the U.S. Treasury — very few of which have gold or silver in them,” he said. “The creation of a transactional gold and silver currency would take another step toward that constitutional requirement, ignored for decades in every state. Such a tactic would undermine the monopoly of the Federal Reserve System by introducing competition into the monetary system.” 

The proposed bills will be assigned to Texas House committees when the 2025 legislative session begins on Jan. 14.

Texas gold-backed digital currency could aid in Bitcoin adoption

While Maharrey is looking to get gold and silver recognized as transactional currencies in their own right, the Texas legislature is also making progress on legislation to create a blockchain-based gold-backed token, which could benefit not only the yellow metal but also Bitcoin. 

In April 2023, two Texas lawmakers, Senator Bryan Hughes and Representative Mark Dorazi, introduced two separate bills for creating a state-issued digital currency backed by gold. And while the legislation is still working through the state’s Congress, one lawmaker thinks that once launched, the proposed gold-backed digital currency could help boost cryptocurrency adoption. 

As reported by Cointelegraph, Cody Harris, a Republican Party member of the Texas State House of Representatives, sat down for a fireside chat with Coinbase’s David Duong at the North American Blockchain Summit on Thursday and provided an update on the stats of the gold-backed token. 

“This [state-issued digital currency backed by gold] is something safe that people can get their feet wet with,” he said. “It’s more of a stepping stone to owning Bitcoin than competing with it or taking the place or something like that.”

Under the proposed plan, each digital currency token will represent a fraction of a troy ounce of gold held in trust and will enable holders to accumulate and spend gold via blockchain, removing a barrier that makes it difficult to utilize gold for daily transactions. 

Harris said the benefits of the token are twofold. Not only will it simplify the use of gold for everyday use, but it could also help skeptics become more comfortable with cryptocurrency by serving as a government-issued digital alternative to fiat, which is a stepping stone to helping them open to the idea of using decentralized assets like Bitcoin. 

For those who are hesitant to acquire BTC or explore crypto, he suggested that a state-issued coin would provide a higher “comfort level” than tokens issued by startups. 

But not all digital tokens are seen as equal in his eyes, with Harris saying that digital fiat – also known as central bank digital currencies (CBDCs) – would have an overall negative impact on the state and the public at large. 

“I think we would all agree that a CBDC is detrimental to the nation and the state of Texas,” he said, referring to the variety of threats CBDDs pose, such as surveillance and privacy concerns. 

Harris called for the crypto community and broader public to take an active role in the CBDC and digital asset conversation to make sure they aren’t saddled with a dystopian currency that enables things like social credit scores. 

“I think it makes it easier for us who are pro-Bitcoin to have conversations about why someone should change their perspective on it,” he said. “If we start at a CBDC, is it the goal of some parts of the US government? So let’s lock arms together and make sure that that doesn’t happen.”

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

Iraq Economic News and Points to Ponder Saturday Afternoon 11-22-24

Because It Contains A Political Aspect.. Parliamentary Wealth: The Oil And Gas Law Faces Difficulties
 
 November 21 17:58  Information / private..  Member of the Parliamentary Oil, Gas and Resources Committee, Ali Abdel Sattar, confirmed today, Thursday, that the Oil and Gas Law has been facing difficulties since 2008.

Abdel Sattar told the Maalouma Agency,  “The oil and gas law faces difficulties within the House of Representatives because it contains a political aspect between the region and the center.”

He added, "The law regulates financial matters and oil management for all governorates, especially the governorates that produce oil and gas," noting that  "the reason the law was suspended was because it contained controversial points with the region."

He explained that "the law is still included in the government and has not been sent to the House of Representatives despite the ongoing dialogues and discussions between the Baghdad government and the regional government."

He continued, "The dispute still exists between Baghdad and Erbil over the oil file, and  we are waiting for it to be resolved and for the law to be sent to the House of Representatives in order to discuss and approve it." 
 
https://almaalomah.me/news/83244/politics/لاحتوائه-جنبة-سياسية-الثروات-النيابية:-قانون-النفط-والغاز-يو   

Census Results In Karbala Show The Oldest Woman In Iraq

Friday 22 November 2024 16:58 | General Number of readings: 169   Census results in Karbala show the oldest woman in Iraq (Pic 144 years old) 

Karbala/ NINA / The results of the general population census in the holy Karbala governorate showed the oldest person from the governorate’s residents, born in 1880, who is 144 years old  Shocked . She is the citizen Anoud Mazyan Hadi. /End   https://ninanews.com/Website/News/Details?Key=1170450

Economist: The Total Cost Of The General Population Census Amounted To 951 Billion Dinars

Money and business   Economy   Economic expert Nabil Al-Marsoumi revealed, today, Friday (November 22, 2024), the financial and economic cost of the general population census.

Al-Marsoumi said in a post on Facebook that “the total financial and economic cost of the general population census amounted to 951 billion dinars.”

He explained that "the direct financial cost of the census amounted to 459 billion dinars, while the cost of suspending official work amounted to 492 billion dinars."

Al-Marsoumi added, "The economic cost is increasing due to the halt of public and private economic activities, and many individuals and local communities are harmed as a result, especially the poorest groups who depend on earning their living on a daily basis in normal times and do not save any resources to use during the curfew."

The economic expert pointed out that "the population census could have been conducted without the need to impose a comprehensive curfew in the country, even if that led to extending the data collection period for several more weeks, in order to save costs and take into account vulnerable groups and workers in the private sector."  153 views    https://economy-news.net/content.php?id=50106

Iraqi Exhibitions Participate In The UFI Conference In Germany

Friday 22 November 2024 14:40 | Economic Number of readings: 203  Baghdad / NINA / The Iraqi General Company for Exhibitions and Commercial Services participated in the World Congress of the International Federation of Exhibitions "UFI" in Cologne, Germany, which started last Wednesday and will continue until tomorrow, Saturday.

A statement by the company indicated that "Mustafa Nizar Juma, General Manager and Chairman of the Board of Directors of the company, participated in the activities of the summit of the union, which includes 870 members of the organization from 87 countries around the world. The statement stated

that the conference is held at "Cologne Messe Confex", which is one of the largest trade fair centers in the world, and provides a unique platform for exclusive communication, professional development and exchange of ideas between members of the International Federation of Exhibitions and leaders of the exhibition industry in the world.

On the sidelines of the conference, the Director General of Iraqi Exhibitions met with a group of international exhibition organizers, the head of the regional office in the Middle East and North Africa in the UFI, and reviewed with them the exhibition activities of the Iraqi General Company for Exhibitions and Commercial Services, and discussed preparations for the upcoming 48th session of the Baghdad International Fair, in addition to discussing the criteria that must be taken into account regarding the company's membership in the UFI. /  https://ninanews.com/Website/News/Details?key=1170441

Economist: Government Should Exploit Rising Oil Prices And Implement Sound Financial Management

Time: 2024/11/22 13:54:37 Read: 1,313 times  {Economic: Al Furat News} An economic expert called on the government to exploit the circumstances of rising oil prices and implement sound financial management.

Rashid Al-Saadi told Al-Furat News Agency: "The rise in global oil prices is due to the impact of political circumstances. With the intensification of the Russian-Ukrainian war and the challenges facing the region, in addition to the decision of the International Criminal Court regarding Netanyahu and his Minister of War, and Israel's threats to Iraq and the pressure in the region, oil importing companies are being prompted to take precautions and be careful, and the political and security factor is the decisive and influential factor in the rise in oil prices."

He explained that "Iraq's benefit from this rise is that every dollar in which oil rises serves Iraq by no less than a billion dollars annually and strengthens its budget according to the size of its production."

Al-Saadi stressed, "The government must exploit the circumstances and the rise, because as soon as there is stability in the near or distant future, oil prices may drop significantly. This is a call for the government to manage the state's finances in a rational manner."   LINK

Oil Prices Rise More Than 6% In A Week.. Brent Exceeds $ 75 Per Barrel

Energy   Economy News - Follow-up   Oil prices jumped about 1% at settlement on Friday, hitting a two-week high as geopolitical risk premiums rose in the market amid an escalation in the war in Ukraine this week.

Brent crude futures rose 94 cents, or 1.3%, to $75.17 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose $1.14, or 1.6%, to $71.24 a barrel.

Crude prices rose more than 6% during the week, their highest settlement since November 7, as Russia intensified its campaign in Ukraine after the United States and Britain allowed Kiev to strike deep inside Russia with weapons provided by the two countries, according to Reuters.

“The escalation in Russia and Ukraine has raised geopolitical tensions beyond the levels seen during the year-long conflict between Israel and Iranian-backed militants,” said Ole Hansen, analyst at Saxo Bank.

Russian President Vladimir Putin said Moscow would continue to test new hypersonic Oreshnik missiles in combat and had a stockpile ready for use.

Russia fired the missile at Ukraine after Ukraine used US ballistic missiles and British cruise missiles to strike Russia.

"What the market fears is that inadvertent destruction of any part of the oil, gas and refining sector could not only cause long-term damage but accelerate the spread of the war," said John Evans, an analyst at PVM.

In a related context, the United States imposed new sanctions on the Russian Gazprom Bank at a time when US President Joe Biden is intensifying sanctions measures on Moscow over its invasion of Ukraine before leaving office on January 20.

The Kremlin said the new US sanctions were an attempt by Washington to hinder Russian gas exports, but indicated that Moscow would find a solution.

The United States has also banned food, minerals and other imports from nearly 30 Chinese companies over their alleged use of forced Uighur labor.

China, the world's largest importer of crude, on Thursday announced policy measures to boost trade, including subsidies for energy product imports, amid concerns about threats by U.S. President-elect Donald Trump to impose tariffs.

Analysts, traders and ship-tracking data suggest China's crude oil imports are set to rise in November.

Oil imports in India, the world's third-largest oil importer, rose as domestic consumption increased, according to government data.

Limit Price Increases 

The price rise was capped today by a sharp decline in business activity in the euro zone this month as the region's dominant services sector contracted and manufacturing remained stagnant.

In contrast, S&P Global said the composite flash purchasing managers' index, which tracks the manufacturing and services sectors, rose to its highest level since April 2022, with the services sector recording the largest share of the increase.

The US dollar jumped to a two-year high against a basket of other currencies as business activity gauges moved in opposite directions in the US and Europe.

A stronger dollar makes oil more expensive in other countries, which could reduce demand.

The economy in Germany, Europe's largest, grew less than previously estimated in the third quarter, the Federal Statistical Office said.    https://economy-news.net/content.php?id=50117

The European Union Organizes A Workshop In Basra On Central Administration And The Wealth Distribution System

Saturday 23 November 2024 15:29 | Economic Number of readings: 116   Basra / NINA / The European Union organized a workshop in Basra on central administration and the wealth distribution system.

Basra Governor Asaad Al-Eidani stressed during the workshop that the distribution of wealth has limitations for the poorest areas as well as areas with high population density, in addition to areas that were damaged by the wars that Iraq witnessed.

He added that Basra has three resources for distributing wealth in the budget, which are: regional development, border crossing revenues, and petrodollars.

Basra may not be given its full revenues, which are according to the constitution, due to the financial situation and challenges facing the country. He pointed out that during the past two years there are debts owed to the governorate that must be given those entitlements.

Al-Eidani explained that "the infrastructure projects being implemented in the governorate have contributed significantly to improving the economic situation in various housing units, noting that house prices in the governorate have witnessed a noticeable doubling during the past few years, reaching ten times their previous value.

Al-Eidani pointed out that these improvements reflect the impact of development projects on improving the standard of living and enhancing the value of real estate assets in Basra." / End

https://ninanews.com/Website/News/Details?key=1170624

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

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

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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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

~~~~~~~~~

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