Great News If You Own A Company

Great News If You Own A Company

Notes From the Field By James Hickman (Simon Black) December 7, 2024

Right at the beginning of the year in early January, I wrote to you about one of the dumbest laws to hit the books in the Land of the Free in a VERY long time. It’s called the Corporate Transparency Act.

The article was called, “Get ready to spend two years in prison,” because, two years in prison is literally the penalty for noncompliance.

You see, the do-gooders in Washington decided that there is too much criminal money laundering taking place in the US banking system. Nevermind that these brainiacs have already passed countless other laws to combat money laundering... all of which seem to be dismal failures.

So they decided to pass yet another anti-money laundering law, which requires every company in America to file a special report to the federal government disclosing the names of its owners.

So if you own a Delaware LLC, for example, to own your family investments, then they wanted you to file this report... even though you ALREADY report the exact same information to the IRS each year.

Well that doesn’t matter. The government wants you to send the same info— but in a different format— to another agency within the Treasury Department. And if you don’t file the report, they threatened everyone with up to two years in prison.

Obviously “ignorance of the law is not an excuse”. They just expect you to keep up with the flood of new laws, plus agency rules, plus court decisions which might modify or nullify all the rules and laws.

Case in point: earlier this week, a VERY sensible federal judge thankfully issued a nationwide injunction on the Corporate Transparency Act, suspending compliance requirements until a final ruling.

This is great news; it means that, at least for now, you do not have to comply with the CTA. But it also illustrates how quickly the laws change. Like literally every single day.

It’s practically a full-time job to keep up with all the changes... and it’s virtually impossible to have a functioning society when the rules are so fluid.

This is the topic of this weekend’s podcast— we hope you enjoy and look forward to speaking with you again next week.

To your freedom, James Hickman  Co-Founder, Schiff Sovereign LLC

ABOUT THE AUTHOR  James Hickman (aka Simon Black) is an international investor, entrepreneur, and founder of Sovereign Man. His free daily e-letter Notes from the Field is about using the experiences from his life and travels to help you achieve more freedom, make more money, keep more of it, and protect it all from bankrupt governments.

https://www.schiffsovereign.com/trends/podcast-great-news-if-you-own-a-company-151858/

News, Rumors and Opinions Wednesday AM 12-11-2024

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 Wed. 11 Dec. 2024

Compiled Wed. 11 Dec. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Judy Note: WARNING Scammers are everywhere. It is my understanding that:

(1) If you don’t presently physically hold currency or bonds, you don’t own them. Do not give your bonds or currency to anyone else to redeem. You are the only one who can exchange and redeem them. If you have a problem in doing that, ask the person you talk to when you set your appointment to help work out the problem.

(2) Do not exchange your currency at a bank. They will not (allegedly) give you the higher rates, nor the Contract Rates that a Redemption Center was authorized to give you.

(3) The Zim can only (allegedly) be redeemed at a Redemption Center, not at a bank.

(4) Some Redemption Centers are located in private banks, but make sure it is a Redemption Center where you do your business.

Fri. 6 Dec. 2024 TNT Intel Summary: Bank meetings today to discuss final aspects of RV. Three Letter Agencies say “IT’S DONE.” US and Canada started paying VIPs on Wed. 4 Dec, Thurs. 5 Dec, and today Fri. 6 Dec. The Iraqi Dinar being paid right now at $3.49 in-country.

Sat. 7 Dec. 2024: Rumor was that Vietnam had revalued their Dong in-country.

Sun. 8 Dec. 2024: Four day Victory Celebration begins in Iraq from Sun. 8 Dec. to Wed. 12th Dec. 2024. …Britt Vibes on Telegram posted by Wolverine

Tues. 10 Dec. 2024 MarkZ: A number of my contacts from Iraq that very much believe we will cross the finish line in the next three days.

Tues. 10 Dec. 2024 TNT: Kurdistan was using the Dinar in-country at a $3.28 rate today.

Tues. 10 Dec. 2024 : A banker and others have contacted me saying Iraq was exchanging the Dinar at a new and higher in-country rate. It is a 24-36 hour window before it reaches Tier4b (us, the Internet Group).

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Tues. 10 Dec. 2024 Bruce: (RUMORS)

You can present at your exchange appointment, a list of six people who need Med Bed appointments: name, age, phone number

Information late last night pointed toward us getting notified today, but a person needed to be removed at the Treasury.

The emails for Redemption Centers have not yet gone out, but once they are received Tier 3 and Tier 4a,b (Us, the Internet Group) will be given redemption appointments.

Notifications for Tier4b appointments should happen tomorrow Wed. 11 Dec., with exchange appointments on Thurs. 12 Dec. 2024.

Iraqis were to receive their funding today, but it could have been moved to tomorrow Wed. 11 Dec. 2024.

Bond Holders should receive access to funds on Thurs. 12 Dec. 2024.

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Global Financial Crisis:

A wave of financial collapses in multiple markets is happening across the world. Black Swan or Black Monday? Stocks and crypto have plunged as investors start to panic while a global sell-off deepens. Absolute chaos in Japan as stocks are on track for their biggest decline in more than eight years, following a significant drop last Friday. This is an even larger drop than the Black Monday crash of 1987. South Korea has halted all sell orders as markets crash more than 5%. In the United States, the Magnificent 7 stocks have erased nearly $500 billion overnight. With rumors of World War III and civil war across Europe, the markets are expecting an even deeper crash tomorrow. https://t.me/+pjtzOFcoBb8wZWNk

Read full post here:  https://dinarchronicles.com/2024/12/11/restored-republic-via-a-gcr-update-as-of-december-11-2024/

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

Frank26  Sudani is waiting for the success of the budget in order to release the new exchange rate.  That success will come when the laws are given to him...He wants to give you the budget [with] exchange rate...Nothing is going to stop Sudani anymore.  That's the beauty of what I'm seeing right now...All I care about is what Sudani is doing and it is phenomenal. 

Militia Man  The private sector is here to stay for Iraq.  Iraq's population has doubled in the last two decades.  There's plenty of youth and now they will have plenty of opportunity with the private sector...They're moving forward and they're not stopping.  It's going to be more and more evident as we go because they are going to have to do what they said they were going to do - bring purchasing power to the people...

BRICS Currency Anger the US, Trump Threaten 100% Tariffs: Is Dollar Falling?

Fastepo:  12-11-2024

https://www.youtube.com/watch?v=vhARqLpT09s

$2800, Silver Targets Explosive Highs: Don’t Miss This Year-End Surge! | Chris Vermeulen

Sprott Money:  12-11-2024

December is here, and the precious metals market is heating up!

 Craig Hemke and Chris Vermeulen discuss the latest trends in gold and silver, why seasonality could drive a year-end rally, and what to watch as we enter 2024.

 Could gold break $2800 and silver surge past $36? Learn why miners are leading the charge and how tax-loss selling could impact the market. Prepare your portfolio with insights from the experts!

https://www.youtube.com/watch?v=8cCmYZz7kII

“Tidbits From TNT” Wednesday Morning 12-11-2024

TNT:

Tishwash:  Kurdistan Region President suffers heart attack

 An informed source revealed, today, Tuesday (December 10, 2024), that the President of the Kurdistan Region, Nechirvan Barzani, suffered a mild heart attack while he was in Paris.

The source said in an interview with Baghdad Today, "The President of the Kurdistan Region, Nechirvan Barzani, suffered a mild heart attack while he was in the French capital, Paris."

He added, "He was transferred to the hospital and his health condition is currently stable."  link

Tishwash:  Al-Sudani: Iraq is a key member of the international coalition

Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed Shia Al-Sudani, received today, Tuesday, Commander of the US Central Command, General Michael Kurilla, and his accompanying delegation.

The meeting witnessed discussions on cooperation and coordination between Iraq and the international coalition in combating terrorism and confronting extremism. The Prime Minister stressed that Iraq is a key member of this coalition and is committed to cooperating with the international coalition to confront and monitor terrorist groups in a way that preserves security and stability in the region. In return, Mr. Kurilla stressed the commitment of the international coalition to support Iraq in preserving its security and sovereignty against any terrorist threat.

The meeting also included discussions on the latest developments in Syria and the ongoing repercussions in the region, where Mr. Al-Sudani stressed the importance of respecting the free choices of the Syrian people and Iraq's readiness to help the Syrians in these circumstances and the transitional phase.

His Excellency pointed out the necessity of preserving Syria's security, the unity of its territories, the safety of its people, and the ethnic, religious, and social diversity it enjoys, stressing the importance of preventing any attack on any of the components of the Syrian people or its religious sanctities, and that Iraq will follow the course of events and the credibility of actions, not words.

Mr. Al-Sudani reiterated Iraq's commitment to working with Arab and neighboring countries to help the Syrians and consolidate security and stability in the region.  link

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Tishwash:  UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future

The United Nations Assistance Mission for Iraq (UNAMI) confirmed today, Monday, that Iraq has proven to the world that it is capable of overcoming challenges and creating the future.

The mission stated in a statement issued on the occasion of Victory Day in Iraq, and received by the Iraqi News Agency (INA): "On December 10, Iraq celebrates Victory Day, in commemoration of the liberation of its lands from the control of the terrorist organization ISIS. This day represents an important national milestone in which the country recalls the great sacrifices made by the Iraqis to restore their land and establish security and stability throughout the homeland."

It added, "Victory Day, in addition to being an occasion for heartfelt congratulations, comes to emphasize the need to preserve the gains achieved thanks to the efforts of everyone here in Iraq in addition to their partners from around the world. It also represents a call for everyone to strengthen national unity and joint action for a strong Iraq capable of facing challenges and free from the tensions and conflicts that plague the region."

She continued, "On this occasion, we also appreciate the achievements made since the field victory over terrorism, and we call for continued work to rid Iraq not only of the remnants of ISIS, but also of all forms of extremism and fanaticism. We look forward to an Iraq in which everyone enjoys security, peace, respect for human rights and the rule of law, and to turning the pages of the painful past forever by promoting national reconciliation in a way that ensures the preservation of gains, focusing on what unites the word and unifies the ranks, and avoiding areas of division and division, including controversial topics that do not contribute to strengthening the unity of the fabric of society and the cohesion of its components."

She indicated that "our great hope is that the joy of victory will be complete with the return of all those forcibly displaced due to this conflict to their homes with dignity and safety and when all Iraqi citizens are returned from Al-Hol camp in northeastern Syria and integrated into society."

"In this context, we appreciate the great efforts made by the Iraqi government, with the support of the UNAMI mission and the team of United Nations organizations working in Iraq, in these files in particular," she added, noting that "the United Nations renews on this occasion its full support for Iraq, government and people, in restoring sovereignty and full control over its territories and achieving stability and sustainable development."

The mission concluded its statement by saying, "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens."   link

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Tishwash:  Prime Minister returns to Baghdad after short visit to Jordan

Prime Minister Mohammed Shia al-Sudani returned to the capital, Baghdad, today, Wednesday, after a short visit to Jordan.

The Prime Minister's Media Office stated in a statement received by the Iraqi News Agency (INA), "Prime Minister Mohammed Shia al-Sudani returned to the capital, Baghdad, after a short visit to Jordan."

He added, "The Prime Minister met King Abdullah II during the visit."

Baghdad/Al-Masala: Prime Minister Mohammed Shia al-Sudani stressed, on Wednesday, the importance of standing by the brotherly Syrian people, while stressing the need to intensify international efforts to reach an immediate halt to the aggression on Gaza.

Al-Masala publishes the text of the statement:

Prime Minister Mohammed Shia Al-Sudani met today, Wednesday, in the Jordanian capital, Amman, with His Majesty King Abdullah II of the Hashemite Kingdom of Jordan, where they discussed current developments in the region and events in the Syrian arena.

The meeting witnessed emphasis on the importance of enhancing bilateral coordination in order to confront regional and international challenges, and continuing efforts to prevent the expansion of the conflict in the Middle East, and the risk of sliding into chaos.

Mr. Al-Sudani stressed the importance of standing by the brotherly Syrian people in these difficult circumstances, the necessity of respecting the free will of all Syrians, preserving the unity of Syrian territory, the country’s sovereignty, and its ethnic, religious, and social diversity, and supporting the Syrian people’s choices towards building a stable and prosperous Syria that ensures the participation of all its components in managing the country’s affairs, continuing consultations with all parties, and exchanging visions to present effective initiatives that serve common interests and enhance stability in the region.

The two sides also stressed the need to intensify international efforts to reach an immediate halt to the aggression on Gaza, and to double relief and medical aid to reduce the suffering of the people of the Strip, while warning of the danger of continued hostile actions by settlers against the Palestinians in the West Bank, as well as working to make efforts to ensure the consolidation of the ceasefire in Lebanon and guarantee its stability.

The meeting discussed aspects of bilateral relations between the two countries, ways to enhance them, and continue working to build fruitful partnerships in various fields, in the interest of the two brotherly peoples.

Prime Minister's Media Office

December 11, 2024  link

Mot: .... Splains it Huh 

Mot:  .. Getting Tough - the More I Season!!! 

Seeds of Wisdom RV and Economic Updates Tuesday Evening 12-10-24

Good Evening Dinar Recaps,

RIPPLE (XRP) RECEIVES FINAL APPROVAL FROM NYDFS FOR RLUSD
Ripple Labs (XRP) has officially received final approval from the New York State Department of Finance (NYDFS) for its stablecoin RLUSD. 

Ripple’s CEO Brad Garlinghouse made the announcement in a post to X Tuesday afternoon, revealing the latest achievement.

“This just in…” the announcement reads, “we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first.” The news means that we may see the arrival of RLUSD as soon as this month.

Following its years-long legal battle with the SEC, Ripple has flourished in the final months of 2024. The company’s native cryptocurrency is now the fifth largest in the world by market cap. Ripple Labs’ decision to launch a stablecoin was also met with optimistic ears earlier this year.

The coin has been ready for some time and could see its door to New York City, one of the finance capitals of the world, open up soon.

Over the past month, Ripple Labs has seen plenty of success, especially with its native cryptocurrency XRP. The asset is up over 200% in the last 30 days. The XRP Ledger has also seen significant success, especially on the world stage. 

Last month, the software company made waves in BRICS countries India and Russia. The Russian government has taken a significant step in digital asset regulation, passing a bill recognizing XRP and other cryptocurrencies. The bill also established a clear taxation framework for crypto.

In addition, the Reserve Bank of India (RBI) also announced a collaboration with Ripple Labs for the virtual Rupee initiative.

Ripple RLUSD To Pump XRP Price?

The arrival of RLUSD is also expected to further pump XRP Price. Currently, XRP is trading at $2.255, up 7% in the last hour alone. With Christmas around the corner, the market is also getting into the festive spirit, with investors hoping that the realm would favor their XRP investments more seriously.

Predictions have been raised for the asset over the remainder of the year, with projections touching near $3, contains the assets surge. Should the Ripple stablecoin RLUSD launch in the next week, expect Ripple to see further growth.

Garlinghouse has yet to provide an estimated launch date for the stablecoin. However, the NYDFS’ approval is a great sign.

https://watcher.guru/news/ripple-xrp-receives-final-approval-from-nydfs-for-rlusd

@ Newshounds News™

Source:  Watcher Guru

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EU’S MICA CRYPTO RULES: WILL THE DECEMBER DEADLINE DISRUPT STABLECOINS?

Several EU countries are struggling to implement MiCA regulations on time, potentially disrupting the crypto market.

The December deadline for crypto service providers and stablecoin issuers is causing concerns, with industry groups calling for a delay.

MiCA's regulations on stablecoins, especially the volume limits, aim to protect the Euro's dominance and could impact the broader crypto market.

The European Union’s new cryptocurrency regulations, known as MiCA (Markets in Crypto-Assets), are set to take effect by the end of the year.

These rules aim to create a unified framework for crypto operations across Europe. However, many countries are behind in updating their local laws, raising concerns about disruptions—especially for stablecoins.

Nations Falling Behind

Countries like Belgium, Italy, Poland, Portugal, Luxembourg, and Romania haven’t yet adjusted their laws to align with MiCA. This delay puts crypto businesses in these regions at risk of missing the December deadline, which could slow down the rollout of the EU-wide regulations.

In Poland, the proposed legislation is stuck in committee. Portugal is debating how to divide responsibilities between regulators. Belgium is waiting on political decisions, while Ireland’s Central Bank has started processing applications but warns the process will take time. Similarly, Malta, Italy, Cyprus, and Lithuania face delays, with Malta needing to update its crypto laws to meet MiCA’s requirements.

A Unified Vision for Crypto Regulation

MiCA’s goal is to create consistent rules for crypto service providers, such as exchanges, custodians, and wallet operators, across the EU. To continue operating, businesses must secure licenses from their national regulators. However, many regulators are struggling to process these applications in time, creating uncertainty as the deadline approaches.

The implementation is split into two phases.

The first phase began in June and required stablecoin issuers to obtain authorization. The second phase, with a December deadline, focuses on licensing crypto service providers like exchanges and wallet providers.

Industry Calls for More Time

Crypto industry groups are asking for an extension to the December deadline, arguing that the short time frame between the finalization of technical standards in October and the compliance deadline isn’t enough. They propose a six-month extension to help regulators manage the flood of applications and prevent disruptions to crypto businesses.

The European Securities and Markets Authority (ESMA) is set to meet on December 11 to review the situation. While updated guidance may be provided, no official delay has been confirmed. If the deadline remains, some firms may need to pause operations in the EU.

For individual users, the immediate impact is expected to be minimal, but these adjustments are part of the growing pains in the evolving crypto space.

A Big Threat to Stablecoins?

Under MiCA, stablecoins face strict rules designed to limit their volume and prevent them from competing with the Euro. Since many stablecoins are pegged to the USD, these regulations could significantly impact their use in Europe. Starting in December, stablecoin issuers will need e-money licenses from at least one EU country.

While larger players like Circle are already meeting these requirements, smaller issuers may struggle. These changes could set a precedent for stricter rules on other tokens seen as not sufficiently decentralized, signaling more oversight for the crypto industry in the future.

What happens in December might not just affect Europe but could redefine the rules for crypto everywhere.

@ Newshounds News™

Source: Coinpedia 

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CHRISTMAS PARTY 12 - 11 - 24 AT 11:11 AM IN YOUR TIME ZONE  |  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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Thank you Dinar Recaps

What Does It Mean To Have A Plan B?

What Does It Mean To Have A Plan B?

Notes From the Field By James Hickman (Simon Black) December 10, 2024

What does it really mean to have a Plan B— especially these days?

We’ve used the term Plan B for almost the entire 15 years since I started this business in 2009.

Back then the national debt was really starting to become a major problem. The Federal Reserve was printing trillions of dollars to bail out irresponsible bankers. The economy was on the ropes after the Global Financial Crisis.

Plus a guy who told business owners, “You didn’t build that,” had just become President of the United States— and then bizarrely awarded the Nobel Peace Prize.

So the need for a “Plan B” seemed pretty obvious.

Today there is a lot more reason to be optimistic. There’s people coming to power that want to take a wrecking ball to the rot, corruption, and inefficiency that has been plaguing the country for far too long.

Frankly, I’m rooting for them. I’m even willing to pitch in and help. To be frank, I’m not comfortable with a world where China is the dominant superpower.

And there certainly seems to be a real opportunity right now to get the country back on track.

Let’s not be naive though. There are still serious challenges ahead. And the people coming to power have a very narrow window to get things back on track.

But we haven’t had this much reason to be optimistic in quite a while.

This isn’t just about an election or single individual, but rather a clear sign from the entire country, sick and tired of being lectured by out of touch “experts.”

Voters practically demanded a return to sanity and prosperity, even if it means dismantling large chunks of a broken system.

In today’s podcast, we talk about what it really means to have a Plan B in this kind of environment, where there’s reason to be optimistic, yet major challenges remain.

This, after all, is the entire point of a Plan B; to put yourself in a position of strength, and take advantage of great opportunities, while hedging clear and obvious risks.

We talk about that a lot in today’s episode.

We actually start with our CEO Viktorija, fresh off of a Total Access trip to El Salvador, telling us about the VIP treatment our group received from senior levels in both the public and private sector.

Then we transition into things that America needs to get right in short order. And the consequences if this doesn’t happen.

We then discuss the concept of a Plan B, versus having a dangerous “bunker mentality”, and how to think about hedging those risks, both in terms of investments, as well as non-financial solutions.

One of the key ideas is taking steps that make sense, regardless of what might or might not happen int he future. And one example of this is building strong relationships with people who share your values. That’s the whole idea of what “community” is supposed to be.

And this is exactly the type of community that we have developed with our Total Access group.

There are incredible VIP trips, exclusive investment conferences, compelling private investment opportunities, in-depth research, world class discounts, and a whole lot more.

But ultimately, the thing we are most proud of is the community and camaraderie among members.

That is consistently what our Total Access members rate as the biggest benefit to our organization. Many say they have found their tribe.

We usually keep membership closed, and only open up enrollment a few times each year.

To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC

We are doing that right now, and you can check out more about Total Access here.

https://www.schiffsovereign.com/trends/plan_b-151869/

FRANK26….12-10-24……A FRANK EXPLANATION

KTFA

Tuesday Night Conference call

FRANK26….12-10-24……A FRANK EXPLANATION

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

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

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

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

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

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

More News, Rumors and Opinions Tuesday PM 12-10-2024

KTFA:

Clare:  Al-Sudani: Choosing Baghdad as the Arab Tourism Capital 2025 reflects its cultural and civilizational heritage

12/10/2024

Prime Minister Mohammed Shia Al-Sudani congratulated, today, Tuesday, the Arab Tourism Organization’s selection of the beloved capital, Baghdad, the city of civilization, history and culture, to be the Arab Tourism Capital for the year 2025.  LINK

Clare:  Baghdad chosen as the Arab Tourism Capital for 2025

12/10/2024

The Iraqi Ministry of Foreign Affairs announced on Tuesday that the Arab Tourism Organization has chosen Baghdad as the capital of Arab tourism for the year 2025. 

A statement by the ministry, received by Shafak News Agency, said that this came during the 27th session of the Arab Ministerial Council for Tourism, which was held at the headquarters of the General Secretariat of the League of Arab States in Cairo.

The statement said that Baghdad was chosen for this title in recognition of the city’s fulfillment of the approved criteria for choosing the Arab Tourism Capital, which include tourism management, infrastructure, tourism resources, various tourism activities, environmental conservation, health safety, and tourism security and stability.

The Arab Ministerial Council for Tourism welcomed the decision, while the President of the Arab Tourism Organization, Bandar bin Fahd Al-Fahid, expressed his congratulations to the President of the Republic, Abdul Latif Rashid, the Prime Minister, Mohammed Shia Al-Sudani, and the Iraqi government on this achievement.

Al-Fahid stressed that this choice aims to enhance inter-Arab tourism and highlight the cultural uniqueness of Baghdad. 

He explained that the organization, in cooperation with the Iraqi Ministry of Culture, Tourism and Antiquities, will organize a celebration to inaugurate Baghdad as the capital of Arab tourism in early 2025, in addition to a series of tourism events and programs that enhance Iraq's position on the regional and international tourism map.

The statement indicated that this achievement came through joint efforts from the Prime Minister's Office, the Iraqi Ministry of Foreign Affairs through its representation in Cairo, the Ministry of Culture, and other supporting bodies.  LINK

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Mr. Sammy says he expects the roll out of the lower notes very soon.    The Gazette is now talking about the digital formation world and they're talking about the new and the old currency.   It's in the Gazette.  The Gazette posted a digital law and this is essential to Iraq to go international outside its borders.  This way to make it legal to enter the international world.

Mnt Goat  Article:  “AL-ALAQ: OUR CRITICAL POSITION IS VERY EXCELLENT”.  I was told [by my CBI contact] that thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent...She confirmed the target for the Project to Delete the Zeros is still set for late December/early 2025... 

LIVE! INSIDERS ARE DUMPING STOCKS. (SHOULD WE EXPECT AN IMMINIMENT STOCK MARKET CRASH?

Greg Mannarino:  12-10-2024

https://www.youtube.com/watch?v=UyogfewXmC0

GOLD or SILVER in 2025; Which Should You Be Stacking?

ITM Trading :  12-10-2024

Gold or silver – which one should you own to protect your wealth? While they share similarities, their functions differ significantly. In this video, we’ll dive into the historical roles of gold and silver, the gold-to-silver ratio, and their performance during economic crises. Learn how to make the best choice for your financial future and why holding both metals is key. Plus, discover how central banks are positioning themselves and what you can do to prepare for what’s coming next.

https://www.youtube.com/watch?v=k80EArLtDUE&t=17s

Some Iraq News Posted by Clare at KTFA 12-10-2024

KTFA:

Clare:  Tomorrow, Wednesday... 146 diplomatic and international figures visit Basra

12/10/2024 Basra /

The Culture, Media and Tourism Committee of Basra Provincial Council announced that "the Ministry of Foreign Affairs will organize an exploratory trip to Basra Governorate, starting tomorrow, Wednesday, for three days. To view the achievements of major strategic and development projects.

The head of the committee, Aqil Al-Furaiji, said in a statement: "The trip will witness a wide diplomatic presence, as invitations were extended to about 146 official figures, including ambassadors, chargés d'affaires and representatives of international organizations such as the United Nations, the European Union and the World Bank.

He indicated that "Basra has today become a prominent destination at all levels due to its tangible successes in various fields, noting that the visit is an opportunity to acquaint diplomatic missions with the extent of the achievements and developments witnessed by the city."

He pointed out that: "The Ministers of Foreign Affairs and Transport will be part of the visiting delegation, and the guests will be received by the Governor of Basra. The local government has also prepared a comprehensive program that includes field trips to view the achievements of the major strategic and development projects that the governorate has recently witnessed.

Al-Furaiji said that: "These achievements have contributed to restoring Basra's historical luster and true identity, which has made it the focus of attention of countries, investors, international and Arab companies, intellectuals and visitors.  LINK

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Clare:  Iraq Development Fund announces imminent launch of 4 basic projects

12/10/2024  Baghdad - WAA - Hassan Al-Fawaz, 

Chairman of the Iraq Development Fund, Mohammed Al-Najjar, revealed today, Tuesday, the fund's future plans, while confirming the imminent launch of 4 basic projects.

Al-Najjar said in a statement to the Iraqi News Agency (INA): "The fund has spent the first year of its work arranging and organizing its affairs, given that it is a completely new experience in Iraq, and has no local backgrounds," noting that "international companies and institutions were hired to support it in this field."

He added, "During the second year, the focus was on 4 main projects that will be launched soon through (Ejr w Tamlik), and now we are ready to start the projects that we promised the public."

He pointed out that "during the coming period, new projects will be announced, approximately every month, with a new announcement," noting that "each project goes through preparation and study stages that may take from 6 to 7 months in order to reach convictions that these projects are good and serve citizens by preparing correct partners and financing because we work extensively with the private sector." 

He continued: "Soon, many projects will appear on the ground."   LINK

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Clare:  Bahr Al-Uloom: The government has allocated $100 billion to support major projects over three years

12/9/2024  Baghdad - WAA - Hassan Al-Fawaz

Undersecretary of the Ministry of Foreign Affairs for Bilateral Relations, Mohammed Hussein Bahr Al-Ulum, stressed today, Monday, the importance of strengthening bilateral relations between Iraq and Greece, and while confirming that the government is proceeding with the development road project, he revealed that it has allocated a budget estimated at 100 billion dollars to support major strategic projects over 3 years.

"I am honored to welcome you to this Iraqi-Greek forum, which represents a milestone in the course of relations between our two friendly countries," Bahr al-Uloom said during his speech at the Iraqi-Greek forum in the capital Baghdad, attended by the correspondent of the Iraqi News Agency (INA), indicating that "organizing this forum reflects our joint commitment to strengthening the bonds of friendship and cooperation, and provides a valuable opportunity to exchange ideas and explore new horizons for a fruitful partnership that serves the interests of the two peoples."

He pointed out that "Iraqi-Greek relations are not new, but rather date back to the thirties of the last century, when Greek companies played an important role in the renaissance of Iraq, especially in the fields of infrastructure." 
Bahr al-Uloom stressed that "in light of the security and economic improvement that Iraq is witnessing today, we are ready to support a strong return of Greek companies to invest in the promising Iraqi market, which is full of diverse opportunities."

He explained that "the visit of the Greek delegation is a prominent station to strengthen bilateral relations in the economic field," noting that "during this visit, in-depth discussions were held with Iraqi officials on vital files, and promising understandings were reached that we hope will soon be translated into tangible projects that benefit both countries."

Bahr Al-Uloom stressed that "Iraq believes in the importance of real partnerships that are built on the basis of common interests, and we look forward to benefiting from the expertise of Greek companies and their pioneering trade."

Bahr Al-Uloom highlighted the ambitious vision of the Iraqi government, led by Prime Minister Mohammed Shia Al-Sudani, which aims to develop the Iraqi economy by supporting the private sector and stimulating foreign investment. He explained that “the government has launched initiatives, including the Iraqi Development Fund to attract foreign investments in cooperation with prestigious international funds, in addition to providing sovereign guarantees to support the private sector in implementing these projects.”

He pointed out that “the government has allocated a budget estimated at $100 billion over three years to implement major infrastructure projects, and this is a suitable ground for the participation of Greek companies,” noting that “the government is proceeding with the strategic development road project that links the East and West at the lowest cost and establishes new economic cities in Iraq.”

Bahr Al-Uloom explained that “the government plans to build one million new housing units, which provides wide areas for international companies, in addition to opportunities in the energy sector, as Iraq produces 4 million barrels of oil per day and ranks third in production. It also has large gas reserves, and aims to develop its production in this field over the next five years.”

Bahr Al-Uloom stressed that “Iraq seeks to develop the pharmaceutical and food industries with annual needs It exceeds 3 billion dollars," noting that "Iraq, thanks to its security stability and economic vision, is a reliable strategic partner for Greek companies."  LINK

Clare: Al-Bandawi: Our borders with Syria are secure and what happened in 2014 will never happen again

12/10/2024  

 Member of the Parliamentary Security and Defense Committee, Ali Al Bandawi, confirmed that the Iraqi border with the Syrian side is “secure and cannot be penetrated.”

Al-Bandawi told Al-Furat News Agency: "The Iraqi-Syrian border is 100% secure. We visited the Border Guard Forces Command and met with the security leaders in the presence of the Minister of Interior. We were assured of the border situation thanks to the deployment of security forces, the procedures of placing concrete, digging a trench 4 meters wide and 3 meters deep, distributing barbed wire, watchtowers, thermal cameras, drones and intelligence efforts."
He added, "Behind these procedures are the Ministry of Defense forces from various army formations and then the Popular Mobilization Forces."

Al-Bandawi pointed out that "the border is secure and we assure the Iraqi people that the border is solid and there will be no entry of any ISIS terrorist element or other terrorist groups as happened in 2014 and that this event will never be repeated."

Raghad  LINK

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Clare:  Prime Minister: Victory Day has become a milestone in our people's journey

12/9/2024  Baghdad - WAA 

Prime Minister Mohammed Shia Al-Sudani confirmed today, Monday, that Victory Day is a day when all Iraqis are proud of what they achieved 7 years ago in a resounding victory over the defeated ISIS gangs, stressing that Victory Day has become a milestone in the path of our people.  

The Prime Minister said in a speech on the occasion of Victory Day - followed by the Iraqi News Agency (INA): "We remember a day when all Iraqis are proud of what they achieved 7 years ago in a resounding victory over the defeated ISIS gangs," indicating that "Victory Day has become a milestone in the journey of our people."

The Prime Minister added that "the first thing we remember on this day is that victory has become a reality that we boast about throughout history thanks to the sacrifices of the martyrs and the wounded and supported by the supreme authority with its blessed fatwa," explaining that "friends and brothers stood with us in the face of terrorism; because the Iraqis fought on behalf of the world."

The Prime Minister stressed that "the victory of the Iraqis is the victory of humanity in the face of the threat that terrified the region and the world," adding that "terrorism no longer has a foothold on the land of Iraq today and its remnants have nothing but defeat and flight before our armed forces."

He explained that "our forces crush terrorists wherever they find them," indicating that "there are still those who are waiting for opportunities, delusional, to breathe life into the remaining terrorists."
The Prime Minister continued, "We must continue to confront alien ideas and everything that destroys our social and cultural values," explaining, "We must address all the gaps that enabled terrorism to infiltrate in 2014."

The Prime Minister stressed that "our Iraq emerged strong, healthy, victorious and determined to build, reconstruct and develop," adding, "We have continued to support and extend the power of law, achieve justice, reconstruct liberated areas, support their people and return all their residents to their land."

He pointed out that "the victory of the Iraqis over the defeated ISIS gangs is a confirmation of the importance of the unity of our people," stressing the need to "warn against the danger of suspicious calls that aim to obstruct the wheel of life that the heroes of victory created with their sacrifices."
The Prime Minister explained that "Iraqi cities have become a workshop for reconstruction and progress," warning against the consequences of "fueling conflicts that produce more destruction and causes of wars."

The Prime Minister continued, "Today, we are following the events in neighboring Syria and we are hopeful that the countries of the region and the world will assume responsibility to preserve the security and sovereignty of Syria," stressing, "the necessity of leaving the choice to the Syrian people and respecting their free will, along with the international responsibility to preserve the unity of Syrian territory and protect diversity."

The Prime Minister concluded his speech, "Terrorism came to Iraq across the border and we defeated it with great sacrifices."  LINK

Iraq Economic News and Points to Ponder Tuesday Afternoon 12-10-24

Dollar Prices Drop Slightly In Baghdad and Erbil At Closing

Economy  | 10/12/2024  Mawazine News – Economy  The US dollar exchange rate in the Iraqi capital Baghdad witnessed a slight decline on Tuesday evening, and prices in Erbil, the capital of the Kurdistan Region, recorded a similar decline with the closing of the stock exchanges.

The dollar prices also decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,700 dinars per 100 dollars, compared to 150,800 dinars in the morning.

Selling prices stabilized in the local exchange markets in Baghdad, where the selling price reached 151,750 dinars per 100 dollars, while the purchase price reached 149,750 dinars per 100 dollars.

In Erbil, the dollar also recorded a slight decline, where the selling price reached 150,400 dinars per 100 dollars, while the purchase price recorded 150,300 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=257307

Baghdad Stock Exchange closes higher... 151,750 dinars per 100 dollars

Money and business Economy News – Baghdad The US dollar exchange rate continued to rise against the Iraqi dinar, with the closing of trading at the Al-Kifah Stock Exchange in Baghdad.

The selling price in exchange shops was recorded at 151,750 dinars for 100 dollars, while the purchase price was 149,750 dinars for 100 dollars.

Amid the discrepancy between the official and parallel price, most local markets are experiencing a state of stagnation due to their impact on the US dollar. https://economy-news.net/content.php?id=50730

Gold Rises 0.6 Percent

Time: 2024/12/10 17:16:08 Reading: 247 times {Economic: Al Furat News} Gold prices rose during trading on Tuesday, supported by the escalation of geopolitical tension in the Middle East and expectations of a reduction in US interest rates during the current month.

Investors are awaiting key US inflation data due later this week.

Spot gold rose 0.6 percent to $2,674.39 an ounce by 11:01 GMT.

As for other precious metals, silver rose in spot transactions by 0.1 percent to $31.85 per ounce, platinum fell by 1 percent to $938.11, while palladium fell by 0.2 percent to $972.67. LINK

Globally.. Slight Decrease In Oil Prices

Economy  | - 10/12/2024  Mawazine News – Baghdad  Oil prices edged lower on Tuesday, holding onto most of their gains from the previous session, as heightened geopolitical risks following events in Syria and China’s pledge to increase fiscal stimulus helped support prices.

Brent crude futures were down 13 cents, or about 0.2%, at $72.01 a barrel, while U.S. West Texas Intermediate (WTI) crude futures were down 14 cents, or also 0.2%, at $68.23.

Both futures rose more than 1% on Monday. https://www.mawazin.net/Details.aspx?jimare=257298

Minister Of Culture: Crowning Baghdad As The Arab Tourism Capital Will Create Many Investment Opportunities

Local | 10/12/2024 Mawazine News – Baghdad  Minister of Culture and Antiquities Ahmed Fakak Al-Badrani confirmed today, Tuesday, that crowning Baghdad as the capital of Arab tourism will create many investment opportunities, while indicating that this coronation will increase job opportunities in popular markets and professions.

Al-Badrani told the official agency: "18 items were included on the agenda of the Executive Council of Arab Tourism Ministers, the most prominent of which is choosing the capital of Arab tourism," noting that "the support of Prime Minister Mohammed Shia Al-Sudani and the efforts made in Baghdad by everyone culminated in the council's unanimous vote to make beautiful and beloved Baghdad the capital of Arab tourism for the year 2025."

He explained that "this is one of the great achievements made under the government of the Prime Minister, and the assistance of the Council of Ministers and all ministries contributed to achieving this decision," noting that "the Baghdad Municipality made great efforts in achieving this, in addition to the entire ministry's staff represented by the Tourism Authority, the Antiquities Authority and the Culture Directorate in the ministry, which made great efforts to show the beauty and splendor of the beautiful nights of Baghdad."

He added, "This is good news for all Iraqis that Baghdad, which history has turned its back on for a while, has returned strongly to Arab circles and the international community to be the capital of Arab tourism and a destination for tourists in 2025," indicating that "this is a great achievement for the government and in the coming days many details about this issue will be revealed."

Al-Badrani pointed out that "this issue has many importance, the first of which is to shed light on the fact that Baghdad has returned as a safe and secure city that sleeps peacefully on the banks of the Tigris and welcomes with open arms all tourists from everywhere, in addition to Baghdad being a large library represented by Mutanabbi Street and the universities in Baghdad."

He stressed that "this decision has an important economic aspect, as tourism has stopped and been disrupted for many known reasons, but now Baghdad will be crowded and there will be great job opportunities and many in the popular markets and professions," indicating that "many owners of capital will try to come to Baghdad to look for an investment opportunity."

https://www.mawazin.net/Details.aspx?jimare=257306

Iraq Development Fund Announces Imminent Launch Of 4 Basic Projects

Mohammed Al-Najjar   Construction and reconstruction  Economy News - BaghdadOn Tuesday, the head of the Iraq Development Fund, Mohammed Al-Najjar, revealed the fund’s future plans, while confirming the imminent launch of 4 basic projects.

Al-Najjar said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the fund has spent the first year of its work arranging and organizing its affairs, given that it is a completely new experience in Iraq, and has no local backgrounds," noting that "international companies and institutions were used to support it in this field."

He added that "during the second year, the focus was on 4 basic projects that will be launched soon through (Ejr wa Tamlik), and now we are ready to start the projects that we promised the public."

He pointed out that "during the coming period, new projects will be announced, approximately every month, with a new announcement," noting that "each project goes through preparation and study stages that may take from 6 to 7 months in order to reach convictions that these projects are good and serve citizens by preparing correct partners and financing because we work extensively with the private sector." He continued: "Soon, many projects will appear on the ground."

127 views Added 12/10/2024 - https://economy-news.net/content.php?id=50718

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

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 12-10-24

Good Afternoon Dinar Recaps,

USDT IS NOW APPROVED AS ACCEPTED VIRTUAL ASSET IN ABU DHABI

Tether has announced that Abu Dhabi’s Financial Services Regulatory Authority has approved the company’s U.S. dollar-pegged stablecoin as an accepted virtual asset.

According to the announcement on Dec. 10, Tether is now available to authorized individuals and entities regulated within the Abu Dhabi Global Market. FSRA is a market regulator in Abu Dhabi under the Abu Dhabi Global Market. The FSRA is a market regulato r under the ADGM, which operates as a financial-free zone in the United Arab Emirates.

USDT’s approval is part of FSRA’s mandate to regulate virtual asset service providers in the country. VASPs are required to comply with anti-money laundering and combating the financing of terrorism regulations.

In its announcement, Tether stated that the approval enables FSRA-licensed individuals and entities to offer USDT-powered services in the region. The agency pre-approves such services. With this acceptance, users within the ADGM can use USDT on Ethereum, Solana, and Avalanche.

Paolo Ardoino, chief executive officer of Tether, commented:

“This milestone underscores Tether’s commitment to fostering global financial inclusion and innovation. By bringing USD₮ to the forefront of ADGM’s regulated virtual asset framework, we are not only validating the importance of stablecoins as critical tools for modern finance but also opening new doors for collaboration and growth across the Middle East.”

USDT is the world’s largest U.S. dollar-pegged stablecoin, with a market cap of over $138 billion. Its adoption across the payments market and crypto space has allowed it to dominate other stablecoins, contributing to Tether’s record-breaking revenue figures.

Tether also revealed in a report on Dec. 9 that on-chain wallets with USDT exceeded 109 million at the start of the fourth quarter of 2024. Meanwhile, total wallets that have ever received USDT has surpassed 400 million.

Elsewhere, the Middle East and North Africa region has increasingly become a key market.

In May this year, Tether announced its expansion in the UAE via a partnership with web3-focused platform RAK Digital Assets Oasis. The collaboration aimed at promoting adoption of  Bitcoin and stablecoins in technology in UAE’s sixth-largest city Ras Al Khaimah.

In August, Tether revealed plans for a dirham-pegged stablecoin.

@ Newshounds News™

Source:  Crypto News

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MICROSOFT SHAREHOLDERS REJECT PROPOSAL TO ADD BITCOIN TO RESERVES

Shareholders opposed the motion, pointing to bitcoin’s volatility as a key concern.  Microsoft’s history with the world’s largest cryptocurrency has been cautious.

Microsoft shareholders voted to reject a resolution to add Bitcoin to the company’s balance sheet during its annual meeting on Tuesday.

The resolution was proposed by the National Center for Public Policy Research (NCPPR), a pro-free-market think tank based in Washington, D.C. The NCPPR framed the initiative as a corporate responsibility to diversify profits and enhance shareholder value.

As part of the proposal, a pre-recorded video was presented during the meeting. The video opened with the statement, “Microsoft can’t afford to miss the next technology wave, and bitcoin is that wave." The decision to reject the proposal aligns with the board’s recommendation, which emphasized Microsoft’s existing strategy of evaluating a wide range of investable assets, including bitcoin, within it  broader investment framework.

The recent arrival of new derivatives trading solutions, including options on the black rock ETF are only likely to strengthen that narrative as is the burgeoning liquidity on those and other venues around the world alongside the relatively newer role of bitcoin as a capital markets activity catalyst as evinced in recent convertible bond issuance by a number of the digital asset industries larger players.

Microsoft’s history with bitcoin has been cautious. The company briefly accepted the cryptocurrency as a payment method in 2014 but suspended the option in 2016, citing low usage and regulatory uncertainties. Today's result aligns with the views of Microsoft co-founder Bill Gates, who has been a vocal critic of cryptocurrencies.

Bitcoin experienced a 3% pullback over the past 24 hours, adding to broader uncertainty in the cryptocurrency market. The global cryptocurrency market cap declined by almost 5% in the same period, now standing at $3.73 trillion, according to CoinGecko data.

Despite Microsoft’s stance, discussions around bitcoin adoption at the corporate level are becoming increasingly common. Cryptocurrency derivatives trader Gordon Grant noted the significance of these debates.

"The fact that we are having conversations about whether one of the world's largest entities could or should maintain a position in bitcoin on its balance sheets as a financial principal says far more about the arrival of bitcoin as a tier one asset, than the actual outcome of the decision," Grant told The Block.

Grant also highlighted the growing interest in bitcoin as a capital markets catalyst, pointing to recent convertible bond issuances by MicroStrategy as evidence of bitcoin’s evolving role in financial markets.

"Utilization of bitcoin as a financial diversifier, as a conveyance for the transfer of monetary value, and as a vector for what MicroStrategy's Michael Saylor has called global digital capital, continues to gain currency," Grant said.

@ Newshounds News™

Source:  The Block

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PRESIDENT JEST A NEW STATE?  |  Youtube

@ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

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Tim Price: Real Assets are Returning to the Playbook of the 1970s

Tim Price: Real Assets are Returning to the Playbook of the 1970s

Palisades Gold Radio:  12-20-2024

Tom welcomes back Tim Price from Price Value Partners, to discuss the happenings on the other side of the pond. Price shares concerns over Europe's chaos, comparing it unfavorably to the US under Trump, who he sees as reducing 'woke culture' and neo-Marxist economic policies.

 He criticizes the media for losing credibility due to untruths and emphasizes the importance of understanding debt economics. Price reflects on his experiences during the exchange rate mechanism crisis and shares skepticism towards state planning, believing it has historically failed.

 Tim also covers the potential swing from left to right in politics and corruption issues, with Trump's election seen as a possible catalyst for change.

Additionally, gold or non-fiat money is suggested as an alternative to the corrupted monetary system.

Price calls for individual empowerment and market efficiencies, criticizes central banks, and advocates for real assets and value investing.

He discusses potential implications of Bitcoin reaching new heights and Tether's role in it. Throughout the interview, Tim Price encourages listeners to consider traditional investments like gold and silver, often overlooked despite their attractive valuations compared to the stock market.

Time Stamp References:

0:00 – Introduction

 0:39 - State of Europe

2:48 - Trump & Pendulum Swings

7:54 - Trends & Growing Debt

10:17 - Bond Mkt Predictions

15:50 - Endemic Issues

20:23 - Milei & Trump

22:04 - Global Cuts & Change

23:00 - Fixing Corrupt Money

26:55 - The Invisible Hand?

31:34 - 40-Year Rate Regime

 37:30 - Too Early & Wrong

44:53 - Silvers Potential

48:04 - Finding Cheap Assets

50:00 - Bitcoin 100k

50:55 - Dollar Strength?

55:42 - Time & Cheap Assets

 59:43 - Miners Underperformance

 1:02:17 - Contraian-isms

1:03:07 - Wrap Up

Talking Points From This Episode

Europe's chaos contrasted unfavorably to US under Trump, with concerns over 'woke culture' and neo-Marxist economic policies.

Media narratives criticized for losing credibility due to untruths, stressing importance of understanding debt economics in politics.

Skepticism towards state planning historically, individual empowerment, real assets, value investing promoted.

https://www.youtube.com/watch?v=HK2rj6x8HWI