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

David Morgan: Gold - The Monetary Hitching Post of the Universe

David Morgan: Gold - The Monetary Hitching Post of the Universe

Palisades Gold Radio:  12-6-2024

Tom Bodrovics, welcomes back David Morgan, founder of The Morgan Report, for a discussion centered around their recent interviews with Dr. Judy Shelton.

They highlight her advocacy for the moral obligation of money and her belief in an honest monetary system that fosters freedom and stability.

 Morgan believes these views align with his life's work. The conversation touches upon potential solutions for imposing monetary discipline on the government, including the idea of long-term gold bonds and a bimetallic standard consisting of both gold and silver.

David Morgan: Gold - The Monetary Hitching Post of the Universe

Palisades Gold Radio:  12-6-2024

Tom Bodrovics, welcomes back David Morgan, founder of The Morgan Report, for a discussion centered around their recent interviews with Dr. Judy Shelton.

They highlight her advocacy for the moral obligation of money and her belief in an honest monetary system that fosters freedom and stability.

 Morgan believes these views align with his life's work. The conversation touches upon potential solutions for imposing monetary discipline on the government, including the idea of long-term gold bonds and a bimetallic standard consisting of both gold and silver.

The benefits of a bimetallic system include regulation of inflation, but its practicality is questioned due to the current market values of gold and silver.

Morgan also discusses the role of the Federal Reserve in the US monetary system, suggesting that commercial banks create most of the money through loans and advocating for the Treasury to manage monetary policy according to the Constitution.

 He expresses skepticism towards Central Bank Digital Currencies due to concerns over privacy and potential loss of control by individuals.

David Morgan shares his long-term perspective on investing in silver, emphasizing its importance as a form of financial security and potential return to being a monetary asset.

 He also discusses the industrial uses of platinum and palladium and expresses his bullish sentiment towards these metals.

In conclusion, Morgan advocates for self-reliance, fundamental human values, and focuses on the human spirit despite skepticism towards politics.

 David Morgan is working on a documentary called "Silver Sunrise" that explores the monetary system, stress, fear, and control related to money, featuring interviews from renowned figures like G. Edwin Griffin, Ron Paul, Ellen Brown, and Mark Passio, set for release early next year.

Time Stamp References:

 0:00 - Introduction

0:30 - Dr. Judy Shelton

6:47 - Silver Standard?

10:07 - Fed's Role & Ron Paul

13:48 - CBDC Concerns

16:35 - Trumps Cabinet Picks

22:54 - Silver Expectations

25:48 - China, Russia, & India

 29:06 - Platinum & Palladium

31:07 - Sentiment in Metals

33:42 - Silver Sunrise Documentary

38:15 - Holiday Wrap Up

https://www.youtube.com/watch?v=-9r150RBsHI

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Awake-In-3D, Economics Dinar Recaps 20 Awake-In-3D, Economics Dinar Recaps 20

Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Awake-In-3D  December 5, 2024

Missouri takes a groundbreaking step toward financial sovereignty with its push for gold and silver as legal tender, challenging centralized control and advancing the currency revaluation debate.

In the latest move reshaping the future of state monetary policy, Missouri currency reform has emerged as a powerful response to the challenges of centralized financial control. By rejecting Central Bank Digital Currencies (CBDCs) and advocating for gold and silver as legal tender, Missouri is positioning itself at the forefront of the currency revaluation debate.

Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Awake-In-3D  December 5, 2024

Missouri takes a groundbreaking step toward financial sovereignty with its push for gold and silver as legal tender, challenging centralized control and advancing the currency revaluation debate.

In the latest move reshaping the future of state monetary policy, Missouri currency reform has emerged as a powerful response to the challenges of centralized financial control. By rejecting Central Bank Digital Currencies (CBDCs) and advocating for gold and silver as legal tender, Missouri is positioning itself at the forefront of the currency revaluation debate.

This legislative push not only strengthens financial sovereignty but also aligns with broader global trends favoring tangible assets over fiat systems.

Legislative Push: The Basics of the Missouri Currency Reform

Republican Senator Rick Brattin’s pre-filing of SB 194 on December 1 signifies the latest in a series of legislative efforts to define the state’s monetary future. The bill explicitly prohibits public entities from accepting or testing CBDCs, a move designed to curtail the influence of centralized digital currencies that many argue lead to increased government surveillance and control.

Moreover, the bill redefines the state’s Uniform Commercial Code (UCC) to exclude CBDCs from its definition of money.

Perhaps most notably, SB 194 advocates for alternative monetary systems by mandating that the state treasurer allocate at least 1% of state funds to gold and silver holdings. This provision underscores a commitment around a Missouri currency reform to precious metals as a hedge against currency devaluation and economic instability. The bill also exempts gold and silver transactions from state capital gains taxes and recognizes these metals as legal tender, providing citizens with a tangible alternative to fiat currencies.

The Broader Context: State-Level Resistance to CBDCs

Missouri’s legislative moves come at a time when resistance to CBDCs is gaining traction across the United States. States like Louisiana and North Carolina have already passed laws to prohibit CBDC adoption, and similar efforts are underway at the federal level, including the CBDC Anti-Surveillance State Act passed by the U.S. House of Representatives in May.

For Missouri, however, the legislative battle has been particularly robust. Earlier this year, multiple bills addressing CBDCs and precious metals were introduced, though not all succeeded. SB 1352 sought to overhaul the state’s UCC to block CBDCs and passed a House vote before stalling in the Senate. Other bills, like SB 736 and its companion House legislation, attempted to tie CBDC prohibition to the promotion of gold and silver but failed to pass. Despite these setbacks, SB 194 marks a significant initiative to realign the state’s monetary policy with principles of sovereignty and decentralization.

Precious Metals vs. CBDCs: Competing Visions of Monetary Policy

Missouri’s legislative efforts center on a fundamental conflict between two competing visions of the future of money. On one hand, CBDCs represent a digital extension of fiat currencies, offering increased efficiency and integration with modern payment systems. However, critics argue that CBDCs concentrate monetary power in the hands of central banks and governments, enabling unprecedented levels of financial surveillance and control.

On the other hand, gold and silver symbolize a return to monetary systems grounded in tangible value and historical precedent. By recognizing these metals as legal tender, this Missouri currency reform aims to provide its citizens with a form of money that is immune to inflationary pressures and independent of centralized control. This approach resonates with the principles underlying the GCR and RV, which emphasize the restoration of equitable value in global currencies and a move away from excessive reliance on fiat systems.

Implications for the Global Currency Reset

Missouri’s legislative actions reflect broader trends associated with the GCR. The inclusion of gold and silver in state monetary policy aligns with efforts to stabilize currencies through tangible assets, a key tenet of the reset. Additionally, the rejection of CBDCs reflects growing skepticism about the role of centralized institutions in shaping the future of money.

While the GCR is often discussed in terms of international agreements and global economic shifts, state-level actions like those in Missouri highlight the importance of grassroots movements in driving monetary reform. By taking a stand against CBDCs and embracing precious metals, Missouri is not only asserting its own financial sovereignty but also contributing to a larger conversation about the balance between centralized and decentralized monetary systems.

Potential Barriers and Strategic Opportunities for a Missouri Currency Reform

Despite its ambitious goals, Missouri’s legislative agenda faces significant challenges. The failure of earlier bills to pass demonstrates the difficulty of achieving consensus on complex monetary issues. Furthermore, the implementation of gold and silver as legal tender raises practical questions about verification processes, transaction logistics, and public acceptance.

However, these challenges also present opportunities for innovation and leadership. If successful, Missouri’s policies inspire similar initiatives at the national level, influencing the direction of the GCR and RV.

The Bottom Line

Missouri’s efforts to ban CBDCs and promote gold and silver as legal tender reflect a growing desire for financial autonomy and a rejection of centralized monetary control. In the context of the GCR and RV, these actions represent a significant step toward a more equitable and decentralized global economy.

As the debate over the future of money continues, Missouri’s legislative push serves as both a challenge to the status quo and a driving force behind financial reform. Whether or not SB 194 ultimately passes, it shapes state sovereignty, monetary policy, and the broader global currency landscape.

=======================================

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

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

“Coffee With MarkZ” Friday Morning Chat 12-6-2024

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

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member; TGIF and Good Morning

Member: I heard HCL was passed

MZ: We hope the HCL will be in tomorrow’s Gazette. But mixed reports coming out of Iraq. Some say it passed…some say it hasn’t.

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

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member; TGIF and Good Morning

Member: I heard HCL was passed

MZ: We hope the HCL will be in tomorrow’s Gazette. But mixed reports coming out of Iraq. Some say it passed…some say it hasn’t.

Member: I think we are waiting on official articles on hcl being done

Member: Jim Willie said he knows someone in country in IRAQ that got the new rates yesterday. Also Nick Fleming had said yrs ago, that after the HCL was passed the RV would go within 72 hrs

Member: ​​Hey Mark what is so special about the 10th of December? I see people talking about it

Member: its victory Day in Iraq. And Sudani had said he expected the Monetary reforms over by then

Member: I think Victory Day is the day we will be told and notified

MZ: You may be right. I really hope we go by then. I don’t want to still be sitting here in January.

Member: I heard 5 and 10 dinar notes have been released in Iraq.

MZ: That is the rumor. We are hearing reports from individuals in Iraq attached to the government have starting the process yesterday –before they release them to the general public. Do not know if it’s true or not. But I feel 99% certain they have started that process in Iraq.

MZ: I think we may have crossed the point of no return but we hav’nt crossed the finish line until we are sitting at the bank.

MZ: “ Informed sources rule out submitting final accounts of the 2024 budget to Parliament” This is one of those confusing articles I was talking about. They have already done 3 readings on the 2024 budget and we are waiting for it to be in the gazette….or they could publish a special Gazette- which is something they sometimes do.

Member: I wonder if Iraq allow their people a few days to enjoy their new found wealth before it hits the international world?

Member: Do we care if they have moved the Saturday meeting to Sunday now?

MZ: No we do not. It would make it really easy  to change the rate Saturday night . I was always told the easiest time to change rates was on a Saturday night between 11 pm and 2 Am…I was always told this was the easiest time. They don’t have to do it then…but it would be the easiest time.

Member: Remember that old Bloomburg video that said “One Saturday night all rates will change and we will wake up to a new world on Monday Morning”

Member: Mel From Australia said Vietnam RV’d in –country. I am waiting to confirm from a friend who is over there right now.

MZ: That would be huge if you can get that confirmation. I continue to see about $1.50 from a few sources in the international banking world. I do not know if that is the final rate or not. I hope its more…but if it is that it would still be amazing. That rate may be a placeholder.

Member: Has there been a rate published for the Bolivar?

Member: Nadine Jones XRP Lion said his contacts are saying 83 cents per Bolivar

Member: Anything on CMKX?

MZ: I wish there were. I keep getting occasional updates when they update the Fines and Penalties.I am a shareholder and this wait has been painful.

Member: Any banker or redemption center chatter?

MZ: Unfortunately I have nothing new on that……maybe that’s a good thing?

Member: Maybe the bonds go at the same time as the rest of us?

Member: Stay grounded , we've been here sooooo many times before. Stay Calm!

Member: People who say it cannot be done should not interrupt those who are doing it.

Member: please tell me how do we get number for redemption centers i have zim bonds and have been sick for 2 weeks so haven't heard …please help

Membr: It will be posted on all dinar sites and most Dinar intel providers.

Member: We have had plenty of lumps of coal in our past Christmas Stockings…lets hope this is the Christmas we all get a big RV.

Member: We were CHOSEN to be here at this time...Have faith...Our day is coming...We will create our new beautiful earth together...

Member: Thanks Mark and Mods. Everyone enjoy your Friday.

CBD Guru’s join the stream today. Please listen to replay for their information

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

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

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=T1XMgWQnQNo

 

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Warren Buffett: 6 Tips on How To Get Rich

Warren Buffett: 6 Tips on How To Get Rich

Cindy Lamothe  Thu, December 5, 2024   GOBankingRates

There is some advice that stands the test of time, and that is certainly what we can glean from one of the most successful investors in history — Warren Buffett.

He’s imparted a lot of wisdom over the years when it comes to both money and life in general. Below is a deep dive into some of his best advice when it comes to building wealth and achieving financial success.

Warren Buffett: 6 Tips on How To Get Rich

Cindy Lamothe  Thu, December 5, 2024   GOBankingRates

There is some advice that stands the test of time, and that is certainly what we can glean from one of the most successful investors in history — Warren Buffett.

He’s imparted a lot of wisdom over the years when it comes to both money and life in general. Below is a deep dive into some of his best advice when it comes to building wealth and achieving financial success.

Start Investing Young

According to Buffett, the nature of compound interest is that it behaves like a snowball. And the trick is to have a very long hill — which means either starting very young or living to be very old. “If I were getting out of school today and had $10,000 to invest, I’d start by going right through companies,” he said, when it came to researching where to invest.

He recommended focusing on smaller companies that would be working with smaller sums and would likely have more of a chance that something is overlooked.

“You have to buy businesses,” he urged, “or little pieces of businesses called stocks. And you buy them at attractive prices and buy into good businesses.” He said this advice will be the same even 100 years from now.

Be Ready When Opportunity Comes

“The biggest mistakes are the ones that actually don’t show up. They’re mistakes of omission, not commission,” Buffett explained.

In his own life, he noted that he never lost a great deal of money on any one investment. “But it’s the things that I knew enough to do that I didn’t do. We have missed profits of as much as $10 billion that I knew enough to do that I didn’t do.”

He calls these missed opportunities: “There have been other investments where I did know enough to make that decision, and for one reason or another, I didn’t do it or I did it on a small scale.”

Learn the ‘Language of Business’

“If you’re interested in business, I definitely think you ought to learn all the accounting you can by the time you’re in your early 20s,” said Buffett, noting that accounting is the language of business, and you have to know the limitations of that language, as well as all other aspects of it.

He also advises that people work in a number of businesses. “There’s nothing like seeing how a business operates to build your judgment in the future,” he expressed, saying it’s important to understand what kinds of things are very competitive and what things are less competitive.

If you’re interested in investments, Buffett recommends doing a lot of reading. “I would talk business with people who are in business and find out what they think makes their operation tick or any problems and why. I just think you just kind of sop up every place you can.”

Focus on Overlooked Opportunities

“If I were working with a small amount of money, the universe would be huge compared to the universe of possible ideas I work with now,” said Buffett.

TO READ MORE:  https://www.yahoo.com/finance/news/warren-buffett-6-tips-rich-120045657.html

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

Seeds of Wisdom RV and Economic Updates Friday Morning 12-06-24

Good Morning Dinar Recaps, 

WHO IS DAVID SACKS? AND WHY HAS DONALD TRUMP MADE HIM CRYPTO CZAR?

▪️David O. Sacks Becomes White House AI & Crypto Czar Under Trump's Administration.

▪️
Former PayPal COO Brings Expertise in Tech and Venture Capital to Federal Leadership.

▪️
Close Ties to Trump and Musk May Boost Fresh AI-Crypto Strategies for U.S. Leadership.

Good Morning Dinar Recaps, 

WHO IS DAVID SACKS? AND WHY HAS DONALD TRUMP MADE HIM CRYPTO CZAR?

▪️David O. Sacks Becomes White House AI & Crypto Czar Under Trump's Administration.

▪️
Former PayPal COO Brings Expertise in Tech and Venture Capital to Federal Leadership.

▪️
Close Ties to Trump and Musk May Boost Fresh AI-Crypto Strategies for U.S. Leadership.

Former PayPal executive and renowned venture capitalist David O. Sacks has been appointed by Donald Trump as the White House’s first “AI & Crypto Czar.” This new role is part of Trump’s plan to position America as a global leader in artificial intelligence (AI) and cryptocurrency, two rapidly growing fields shaping the future. The announcement came shortly after Bitcoin reached its $100k milestone.

Why Trump Appointed David Sacks Only?
In a post on Truth Social, Trump announced Sacks’ appointment and highlighted his mission to create a clear legal framework for the cryptocurrency sector. However, Trump’s decision to appoint Sacks arose from his impressive track record as a tech entrepreneur and investor.

Sacks, a founding-era COO of PayPal and a key member of the “PayPal Mafia,” has built and supported some of Silicon Valley’s most successful ventures. His expertise in technology and finance makes him tackle the challenges and opportunities in AI and crypto effectively.

Meanwhile, some experts even hint that Trump’s decision to appoint Sacks is seen as a reward for his loyal support during the campaign. Sacks played a pivotal role in fundraising for Trump, helping to raise $12 million during a high-profile event earlier this year.

What Changes Could Sacks Bring?
David Sacks will focus on creating clear rules for cryptocurrencies to remove confusion and help the U.S. digital asset industry grow. His goal is to support crypto businesses and position the United States as a global leader in digital innovation.

According to Trump, he will “steer us away from Big Tech bias and censorship,” ensuring a balanced digital landscape that supports open discourse. Sacks will also focus on safeguarding free speech in the online space

Additionally, Sacks will chair the Presidential Council of Advisors for Science and Technology, guiding the administration’s policies on emerging technologies.

Sacks Close Ties to Trump and Musk

Sacks has been a strong Trump supporter of Trump, hosting fundraisers and rallying tech industry donors. He also shares close ties with Elon Musk, who has made waves in AI through his company xAI and chatbot Grok. This connection could bring fresh ideas and partnerships to the administration’s tech strategy.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

PHILIPPINES COMPLETES WHOLESALE CBDC TRIAL

Today Bangko Sentral ng Pilipinas (BSP) said it completed Proof of Concept trials for its Project Agila wholesale central bank digital currency (wCBDC) along with participating financial institutions.

Specifically, the latest trial tested whether banks in the Philippines can pay each other outside of bank operating hours during evenings, weekends and holidays.

“Wholesale CBDCs are expected to enhance liquidity management, reduce settlement risks, and support financial stability,” said BSP Governor Eli M. Remolona, Jr.

“Insights from this project will guide the BSP’s CBDC roadmap. Our goal is to leverage new technologies to further enhance the efficiency and resilience of the national payment system.”

While the bank hasn’t yet released a report about specific findings, the central bank shared its plans earlier in the year. Many wCBDC trials are quite speculative, but this one is less so. 

The central bank plans to launch a wCBDC during Mr Remolona’s term, which ends in 2029. It is expected to be sooner rather than later, with 2025 or 2026 previously floated as potential timeframes.

Apart from out of hours paymentsthe wCBDC will potentially be used for securities settlement and cross border payments. The central bank is an observer in the mBridge DLT cross border payment system used by the central banks of China, Hong Kong, Saudi Arabia, Thailand and the UAE.

During 2023 the BSP assessed various blockchain technologies, selecting Hyperledger Fabric.

@ Newshounds News™

Source: Ledger Insights 

~~~~~~~~~

HOW TO OPEN A XAMAN WALLET: THE EASIEST STEP-BY-STEP GUIDE  |  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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Q & A Classroom Link  

Follow the Roadmap

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Thank you Dinar Recaps

 

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

“Tidbits From TNT” Friday Morning 12-6-2024

TNT:

Tishwash:  The UN Security Council holds a special session on the situation in Iraq

The UN Security Council will hold a special session, Friday, on the situation in Iraq, and to review the latest developments in the country.

According to a post by the United Nations Assistance Mission in Iraq (UNAMI) on the X platform, the session will be held at (6:00 pm Baghdad time), and it is expected that the UN Special Representative, Mohammed Al-Hassan, will provide a briefing in the session on developments in Iraq and on UNAMI.

In July 2024, UN Secretary-General António Guterres appointed Mohammed Al-Hassan of the Sultanate of Oman as his new Special Representative for Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI), replacing Jeanine Hennis-Plasschaert 

TNT:

Tishwash:  The UN Security Council holds a special session on the situation in Iraq

The UN Security Council will hold a special session, Friday, on the situation in Iraq, and to review the latest developments in the country.

According to a post by the United Nations Assistance Mission in Iraq (UNAMI) on the X platform, the session will be held at (6:00 pm Baghdad time), and it is expected that the UN Special Representative, Mohammed Al-Hassan, will provide a briefing in the session on developments in Iraq and on UNAMI.

In July 2024, UN Secretary-General António Guterres appointed Mohammed Al-Hassan of the Sultanate of Oman as his new Special Representative for Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI), replacing Jeanine Hennis-Plasschaert .  link

Tishwash:  Al-Alaq receives representatives of the Innovation Center at the Dubai International Financial Center

The Governor of the Central Bank of Iraq, Ali Al-Alaq, discussed on Thursday with representatives of the Innovation Center at the Dubai International Financial Center ways of cooperation in the areas of enhancing innovation and entrepreneurship, and adopting financial technology and artificial intelligence in the Iraqi banking sector.

The media office at the Central Bank said in a statement received by "Al-Eqtisad News" that "the Governor of the Central Bank, Ali Mohsen Al-Alaq, in Baghdad, held a meeting with representatives of the Innovation Center at the Dubai International Financial Center, during which ways of cooperation were discussed in the areas of enhancing innovation and entrepreneurship, and adopting financial technology, artificial intelligence and advanced infrastructure." 

The statement added that "the meeting reviewed opportunities to support innovation in banking systems and electronic payment solutions, and provide opportunities for emerging companies in these fields to enter Iraqi, regional and global markets."

He pointed out that "the meeting discussed developing training programs to build Iraqi capabilities to keep pace with global developments, enhance regulatory cooperation and adopt the best standards in the fields of financial technologies and banking technology."

The statement said that the two parties "discussed strengthening partnerships between the financial and banking sector, emerging companies and investors, in addition to interacting with universities and various institutions to support the next generation of Iraqi entrepreneurs, expressing their commitment to developing partnerships in a way that contributes to achieving the vision of the Central Bank of Iraq in building a digital economic system and a comprehensive financial system based on technology and innovation."  link

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

Tishwash:  Ernst & Young reveals the completion rate of the Rafidain Bank restructuring project

The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, chaired an expanded meeting to discuss the project to restructure Rafidain Bank.

The committee for this project included officials from the Iraqi Ministry of Finance, the Central Bank of Iraq, the Prime Minister’s Advisor, and the Head of the World Bank Mission in Iraq, in addition to members of Ernst & Young as an expert auditor and consultant in the restructuring process.

The World Bank's Regional Director in Iraq, Emmanuel Salinas, explained the reality of work on this project, in which he presented the opportunities available within the banking work environment in Iraq and the mechanism for developing the restructuring plan in its operational and financial aspects.

While Firas Kilani, an expert in the restructuring project from Ernst & Young, explained that the project has made great progress since its inception in September 2024 and has currently reached 74%, and the next phase of the scope of work will be completed at the end of this month, moving to an advanced stage in this project.

The Governor of the Central Bank confirmed that the support of the Iraqi Prime Minister in this regard has positively accelerated the progress of the project, to reach important stages in the restructuring and development process at Rafidain Bank.  link

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

Tishwash:  Honeywell discusses Development of Iraqi Oil Refineries

Iraq's Deputy Minister of Oil for Refining Affairs, Hamed Younis, reaffirmed Iraq's commitment to collaborating with reputable global companies to advance its refining sector. This aligns with the government's strategic program and directives from Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani.

During a meeting with Honeywell's Middle East Executive Director, James Moshi, and Iraq Country Head, Mohamed Al-Shabout, discussions focused on strengthening cooperation in refinery development. The meeting also reviewed progress on agreements made during Abdul-Ghani's visit to Honeywell in Houston, USA, last September.

The session was attended by senior officials, including the Director General of the Studies and Planning Department, Naseer Aziz Jabar, and the Deputy General Manager of the South Refineries Company (SRC).

In June, the Ministry of Oil signed a memorandum of understanding with Honeywell to develop oil refineries.

(Source: Ministry of Oil)  link

Mot:  Gunna redecorate!!!??? --- Wellll --- heres how Ya 

Mot: ................ A Dog Naps -- because ----

 

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

Seeds of Wisdom RV and Economic Updates Thursday Evening 12-05-24

Good Evening Dinar Recaps,

BRICS NEWS:  BRICS: WHY TRUMP’S 100% TARIFF PLAY MAY FURTHER DE-DOLLARIZATION

With the president-elect targeting the BRICS bloc specifically, Donald Trump’s proposed 100% tariff plan may only further global de-dollarization efforts. The statement has been met with increased opposition from countries in the global south. Moreover, it represents another clear attempt at the West weaponizing the greenback.

If enacted, the tariff could be the catalyst for inciting continued efforts to abandon the US dollar on a global scale. Although BRICS nations have previously said that they would not seek to ditch the currency, Trump’s policies could drive a necessary recalculation of what would be best for these countries.

Good Evening Dinar Recaps,

BRICS NEWS:  BRICS: WHY TRUMP’S 100% TARIFF PLAY MAY FURTHER DE-DOLLARIZATION

With the president-elect targeting the BRICS bloc specifically, Donald Trump’s proposed 100% tariff plan may only further global de-dollarization efforts. The statement has been met with increased opposition from countries in the global south. Moreover, it represents another clear attempt at the West weaponizing the greenback.

If enacted, the tariff could be the catalyst for inciting continued efforts to abandon the US dollar on a global scale. Although BRICS nations have previously said that they would not seek to ditch the currency, Trump’s policies could drive a necessary recalculation of what would be best for these countries.

Trump’s 100% Tariff Could Mirror Sanctions, Drive Global De-Dollarization

Following his historic victory in the 2024 presidential election, the US dollar has remained a focus for Donald Trump’s incoming administration. Specifically, he has continually said that losing the greenback as the world’s currency would be akin to the country “losing a war.” Therefore, its position in global finances remains a focal point.

That led the incoming president to issue a stark warning to BRICS nations. “The idea that the BRICS are trying to move away from the dollar while we stand by and watch is OVER,” he said in a Truth Social post.

“We require commitment from these countries that they will neither create a new BRCIS currency to replace the mighty US dollar, or they will face 100% tariffs and should expect to say goodbye to selling into the wonderful US economy,” he added.

Yet, his recent statement only reinforced the reasons why nations are stepping away from trading in the currency. For BRICS and many others, Trump’s 100% tariff plan may only further de-dollarization. It once again shows that the United States wants to leverage its perceived power for its own economic gains and standing.

The imposition of Western sanctions drove Russia to initiate de-dollarization efforts through its BRICS allianceThe weaponization of the greenback saw the bloc further enhance trade deals. Ultimately, leading to the promotion of local currency trade.

That will only enhance under Trump’s tariff plan. Moreover, it will harm American industries. The current efforts to ditch the US dollar wouldn’t have the same effect on imports that the incoming presidents would. In the end, he may well be shooting his incoming administration in the foot.

@ Newshounds News™

Source: 
WATCHER GURU 

~~~~~~~~~

ASIA-PACIFIC (APAC) CRYPTO ADOPTION 2024: KEY TRENDS AND INSIGHTS TO KNOW

▪️The Asia-Pacific region has seen a surge in cryptocurrency adoption, far outpacing the global average.

▪️APAC's crypto adoption is driven by real-world use cases and cultural acceptance, rather than just financial speculation.

▪️Countries with better regulatory frameworks are witnessing higher adoption rates and increased institutional interest.


The Asia-Pacific (APAC) region is undergoing a major shift in how people use cryptocurrencies. From financial centers like Hong Kong and Singapore to growing markets in Southeast Asia, digital assets are becoming more mainstream. In APAC, crypto isn’t just a way to make money—it’s becoming part of daily life, driven by people and culture, not just technology.

Crypto Adoption Soars Across APAC

A recent report by Consensus, titled “Driven By Demand: The People-Powered Crypto Movement in Asia Pacific,” shows that crypto adoption in APAC has reached 22% in 2024—nearly three times the global average of 7.8%.

Thailand leads the way with a remarkable 43% adoption rate, followed by the UAE (37%), India (32%), and the Philippines (31%). Countries like South Korea (28%) and Hong Kong (24%) are also making progress, while Japan (12%) and Mainland China (17%) are lagging behind.

A Tool for Financial Inclusion

The survey, which included nearly 4,300 participants from ten APAC countries, reveals that more than half of respondents (51%) see digital assets as a key to financial inclusion. Additionally, 37% believe crypto gives them more control over their finances without relying on banks.

This shows that, in APAC, crypto isn’t just about making a profit—it’s a practical tool for everyday use and fits well with the region’s culture.

Crypto’s Everyday Value

Over the past year, the attitude toward cryptocurrencies in APAC has shifted significantly. With fewer scandals and more local activitytrust in the industry has grown. Unlike in some Western regions, where distrust of traditional banks drives crypto adoption, APAC users focus more on crypto’s practical benefits for daily life.

Interestingly, only 18% of people surveyed said they distrust banks. This suggests that in APAC, crypto is seen as a solution to real-world problems, not just a reaction to traditional financial systems.

Race to Become a Crypto Hub

The report also finds that 69% of respondents believe clear regulations are important to protect crypto users. However, the report suggests that regulation alone isn’t what’s driving adoption—it supports the strong demand already present in the market.

Countries with higher adoption rates, like Thailand and the UAE, benefit from clearer regulations, which help the crypto ecosystem grow.

APAC Leading the Global Crypto Charge

Michael Lau, Chairman of Consensus Hong Kong, pointed out that APAC is setting the pace for the global crypto market. He highlighted how recent Bitcoin and Ethereum ETF approvals, along with more institutional investments, are positioning APAC as a leader in creating a more connected global financial future.

With its mix of cultural acceptance, practical use, and evolving regulations, APAC is not only shaping the future of cryptocurrency—it’s influencing the global financial system.

This people-driven movement proves that when demand meets innovation, real change happens.

@ Newshounds News™

Source: Coinpedia 

~~~~~~~~~

ISO 20022: The Future of Finance, Explained  |  Youtube

Be sure to check out our Timeline and Roadmap with detailed information on the Timeline of the QFS from the beginning, to where we are now, to the expected LIVE date.

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@ Newshounds News™

Source:  
Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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Thank you Dinar Recaps

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Economics, sovereign man DINARRECAPS8 Economics, sovereign man DINARRECAPS8

They Have To Get This Right For America To Have A Real Chance

They Have To Get This Right For America To Have A Real Chance

Notes From the Field By James Hickman (Simon Black)  December 5, 2024  

On November 20, 1945, an international tribunal first convened in the Bavarian city of Nuremberg to prosecute key leaders of Nazi Germany for crimes against humanity. The Nuremberg Trials were a key aspect of holding individuals accountable for the brutal acts and genocide committed under Nazi rule.

High-ranking officials, including Hermann Göring and Rudolf Hess, faced charges, and they tended to grab most of the headlines. But plenty of lower ranking officers, and even doctors, faced trial as well. Naturally they tried to defend themselves by claiming they were “only following orders”.

They Have To Get This Right For America To Have A Real Chance

Notes From the Field By James Hickman (Simon Black)  December 5, 2024  

On November 20, 1945, an international tribunal first convened in the Bavarian city of Nuremberg to prosecute key leaders of Nazi Germany for crimes against humanity. The Nuremberg Trials were a key aspect of holding individuals accountable for the brutal acts and genocide committed under Nazi rule.

High-ranking officials, including Hermann Göring and Rudolf Hess, faced charges, and they tended to grab most of the headlines. But plenty of lower ranking officers, and even doctors, faced trial as well. Naturally they tried to defend themselves by claiming they were “only following orders”.

But the Nuremberg Trials established a clear precedent that moral responsibility falls on the individual who committed the crime. “Only following orders” is simply not a valid justification for blatant wrongdoing.

It’s always dangerous territory to bring up the Nazis in any intellectual argument because it’s just so sensational. But in this case the analogy is an important one because we’re ultimately talking about accountability.

Bureaucrats and politicians in the US government commit outrageous, egregious acts of wasteful mismanagement on a daily basis. A lot of it is even deliberate.

And yet no one is ever held accountable. The conservative writer Thomas Sowell once argued that “it is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.”

People in the private sector pay for their mistakes all the time. Businesses who don’t deliver value soon find themselves without customers. Employees who don’t do good work find themselves out of a job.

But government officials have squandered trillions of dollars. They locked down businesses, forced experimental vaccines on children, censored free speech, and violated just about every right imaginable.

How many have been truly held accountable?

TO READ MORE: https://www.schiffsovereign.com/trends/they-have-to-get-this-right-for-america-to-have-a-real-chance-151850/

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

Evening News with MarkZ and Dr. Scott young. 12/05/2024

Evening News with MarkZ and Dr. Scott young. 12/05/2024

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

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...

Evening News with MarkZ and Dr. Scott young. 12/05/2024

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

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=6LTAsEe84AY

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

More News, Rumors and Opinions Thursday PM 12-5-2024

Gold Telegraph: Change is Happening in the Global Financial System

12-4-2024

China has announced a ban on rare mineral exports to the United States.

Again, Financial assets vs. Elements.

BREAKING NEWS: DEVELOPING COUNTRIES SPENT A RECORD $1.4 TRILLION TO SERVICE THEIR FOREIGN DEBTS IN 2023 AS INTEREST COSTS CLIMBED TO A 20-YEAR HIGH

Gold Telegraph: Change is Happening in the Global Financial System

12-4-2024

China has announced a ban on rare mineral exports to the United States.

Again, Financial assets vs. Elements.

BREAKING NEWS: DEVELOPING COUNTRIES SPENT A RECORD $1.4 TRILLION TO SERVICE THEIR FOREIGN DEBTS IN 2023 AS INTEREST COSTS CLIMBED TO A 20-YEAR HIGH

You wonder why change is happening in the global financial system?

The BRICS nations collectively accounted for about $578 billion in United States imports. There is good reason for the United States to be worried about BRICS nations reducing their dependency on the dollar. The dollar currently serves as the economic heartbeat of America.

BREAKING NEWS: CHILE AIMS TO INVEST $83 BILLION IN MINING THROUGH 2033

This is the world’s biggest producer of copper.

“About 52% of spending totaling $42.96 billion is pegged for projects planned between 2024 and 2026…”

Source: https://www.reuters.com/markets/commodities/chile-aims-invest-83-bln-mining-through-2033-newspaper-says-2024-12-04/

Many Chinese metal importers have stopped buying United States copper scrap in anticipation of tariffs.

Finance vs. Elements.

China is the biggest importer of copper.

Russian President Vladamir Putin questioned holding state reserves in foreign currencies, citing risks of political confiscation. Countries around the world pay close attention to these types of comments. Gold.

Jerome Powell says:

“There is very, very broad support for the Federal Reserve to pursue monetary policy for the benefit of all Americans at all times.”

Thank you, Mr. Powell, for providing the joke of the day.

The French government has collapsed.

The world is a cold place, maybe that’s why I gravitate to gold. What can you trust?

https://dinarchronicles.com/2024/12/04/gold-telegraph-change-is-happening-in-the-global-financial-system/

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

Ariel (@Prolotario1): Showed the Iraqi Dinar to a Capital One Manager

I was showing a manager at Capital One the other day all the accounts on X some who I know have Iraqi Dinar. On how people want this to be a scam more than they want me or my followers to be right about holding it for an ROI.

And this manager already has multiple SKRs from investors he is ready to manage once the new exchange rate is released. I live in the real world. Where results are real-time. Face to face contact with banking offers or services to help compound on your capital.

Online opinions remain a virtual remnants of ideas confined to a digital space that has no bearing on organic human interactions with tangible applications. This is something detractors underestimate. IQD is not a stock. Buying it will not raise the price.

Meaning nobody is currently marking up rates on X who are not selling this currency to you but only giving you a heads up on what will happen once the CBI decides it is the right time to reinstate their currency at parity level with the US dollar. Which is designed to level the playing field for all countries.

Source(s):
https://x.com/Prolotario1/status/1864432194032128123

https://dinarchronicles.com/2024/12/04/ariel-prolotario1-showed-the-iraqi-dinar-to-a-capital-one-manager/

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

Mnt Goat  As investors we all...should realize that there is a deal with China and Iraq on providing oil at a fixed price. This deal was brokered by the US Treasury and it included pre-selling some of the U.S. oil credits to China at a fixed price. But these are credits and these credits only materialize when we, as investors then exchange our dinar.  Yes, billions in oil credits...  I talked about these oil credits...when I described... how this RV would be paid for...

Frank26  Everything is in place for the monetary reform to be given to the Iraqi citizens.  The Prime Minister and Alaq are telling the citizens we are 95% done with the monetary reform.  We also know at the end of this year, December 31st, the auctions come to an end...It was the dollar that was keeping the Iraqi dinar stable.  What are you going to do when you don't have the auction?  When you cannot use the dollar anymore in your country?  ...You gave the dollar because the dollar had a very good exchange rate.  Now the dollar is taken away you need a very good exchange rate.  That is exactly what they are doing in my very strong opinion.  They're saying we're at 95%.  Where's the 5%IMO it's an awful lot of different things being requested by Donald Trump by Iraq...

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

"Markets HORRIFICALLY OVERVALUED As Insiders Head For The Exits" - Mike Maloney

12-5-2024

“If this is a measurement of the scale of our bubble…that is saying…this is horrifying.

This is absolutely horrifying. If this reverts to the mean, we are talking about a Modern Dark Age. And the informed people on the Titanic, are getting into the lifeboats right now.

That is what’s going on.” –

https://www.youtube.com/watch?v=LsY5dblyK9Q

 

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