Ariel: Are we to Expect Major Announcements from Iraq?

Ariel: Are we to Expect Major Announcements from Iraq?

12-13-2024

Iraqi News Update

Are We To Expect Major Announcements?

Governor Ali-Alak of the CBI came out some weeks ago and stated that there is an international anticipation to celebrate an occasion regarding their monetary reform policy.

As he has also recently said that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.

Which can only mean that since they have completed 100% of their financial obligations which was a requirement in order to move to this next phase it should not be surprising of the special meeting over the weekend involved powerful organizations.

UNICEF
UNESCO
World Bank
Etc.

And ofcourse 140 deputy ambassadors arriving in Basra. The presence of international bodies like the World Bank, as well as ambassadors, indicates the event’s importance. These organizations wouldn’t typically attend unless the event had substantial international implications, such as Iraq positioning itself as an attractive investment destination or announcing reforms that could impact global markets.

The mention of showcasing Iraq to investors could point to Iraq demonstrating progress in economic reforms, infrastructure development, and stability. This might include the following.

• Transparency measures to attract foreign direct investment.

• Policy changes to make Iraq a more competitive market.

• Highlighting sectors like oil, tourism, and agriculture for potential investors.

Listen, If Iraq plans to release a new exchange rate for the Iraqi Dinar, this event could be the stage for such an announcement. A revaluation of the dinar would attract foreign investors who have been waiting for a more stable and globally recognized currency. Do you think we are finally at the doorstep? Because it definitely appears that way in many regards.

Basra is Iraq’s economic capital, especially as it relates to oil exports. Hosting this event there could symbolize Iraq leveraging its oil wealth as a foundation for broader economic growth and reforms. Basra’s position as a gateway to the Gulf enhances its significance as a center for trade, investment, and international collaboration.

I do not know of any other time that would be more appropriate than what is to happen over the weekend. If Iraq intends to release a new exchange rate, the timing of this event suggests it could be coordinated with international acknowledgment and celebration to gain credibility and market trust. The timing right now is just to significant.

The international participation underscores the global interest in Iraq’s progress, and the showcase for investors suggests a move toward transparency and competitiveness.

Watching how this unfolds could provide clarity on Iraq’s economic trajectory and its impact on global markets. Let’s see what they have for us.

Source(s):
https://x.com/Prolotario1/status/1867686620931268628

https://dinarchronicles.com/2024/12/13/ariel-prolotario1-are-we-to-expect-major-announcements-from-iraq/

“Tidbits From TNT” Saturday Morning 12-14-2024

TNT:

Tishwash:  Central Bank Governor: Opening external channels with foreign currencies eliminates the black market

Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.

The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market."

According to the statement, the governor of the Central Bank stressed "the need to make efforts to achieve fluidity and provide the best banking services to the bank's customers."

The governor pointed out that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market link

Tishwash:  An "unannounced" visit and a surprise landing in Baghdad.. Blinken to Al-Sudani: We are committed to supporting Iraq

US Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday, during which he met with Prime Minister Mohammed Shia al-Sudani and held talks with him about the future of Syria.

According to Reuters, Blinken is

Reuters quoted the US State Department as saying that "Blinken stressed from Baghdad the US commitment to the US-Iraqi strategic partnership and to Iraq's security, stability and sovereignty."

She added that the Secretary also discussed regional security opportunities and challenges, as well as continued U.S. support for engagement with all communities in Syria to create a comprehensive transition.

According to Reuters, Blinken's visit was not announced until after he met with Al-Sudani on Friday afternoon.

Meanwhile, the Iraqi Prime Minister's media office confirmed that Al-Sudani and Blinken discussed bilateral relations between the two countries, ways to enhance joint cooperation, as well as discussing the situation in the region, developments in the current events in Syria, and the regional and international efforts required to enhance security in Syria and the stability of the entire region.

Al-Sudani renewed, according to a statement received by Shafaq News Agency, support for Syria in this important stage, and the importance of friendly countries helping the Syrians rebuild their country and confront the challenges that may affect civil peace in it, stressing the necessity of representing all components of the Syrian people in the administration of the country to ensure enhancing its stability. He also stressed that Iraq is waiting for actions, not words, from those in charge of managing the transitional phase in Syria.

The Iraqi Prime Minister stressed the need not to allow any aggression on Syrian territory, from any party, because this represents a threat to security and stability in the region.

For his part, the US Secretary of State stressed, according to the Iraqi statement, Washington and Baghdad's agreement on the necessity of respecting the choices of the Syrian people, and working to form a comprehensive government that reflects the will of the Syrian people and the diversity of its components.

Blinken referred to the pivotal role of Iraq, and stressed that it represents a key partner in the region, and the importance of consulting with it on the current developments witnessed in the region, and that the members of the international coalition are committed to the security, sovereignty and stability of Iraq  link

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

Tishwash:  After the events in Syria... Will Iraq witness a new economic phase?

Iraq is suffering from major economic challenges due to political and military crises in some surrounding countries, but the impact of these crises on the Iraqi economy is still somewhat limited, while observers expect that there will be an expected economic change in Iraq, but it will be within a period of difficult and difficult labor in light of the harsh political crises that are sweeping the new Middle East.

In this regard, economic expert Ahmed Fouad told Iraq Observer that “Iraq enjoys stable financial flows and strong international trade relations,” indicating that “the tensions in Syria, including the recent events and the fall of Bashar al-Assad’s regime, will not fundamentally affect the Iraqi economy, which relies on central economic policies and strong oil revenues.”

He added, "The economic change that will occur in Iraq will be a reflection of the confusing political situation in the region, especially after the recent events in Syria."

Fouad expressed his hope that “there will be a positive economic change that creates an equal and just economic system based on capitalism and a free economy.”

The economic expert called for “the need to work on directing this change in a correct and fair manner that guarantees integrity and success for the Iraqi economy and state. The Iraqi government must also develop an effective emergency plan to ensure the continued supply of basic commodities to the market, such as food and supplies. Despite the concerns that some may raise about importing goods from neighboring countries, Iraq has the ability to compensate for any shortage in materials through other markets such as Turkey, Iran, and the Gulf states.”

He added that "the Iraqi economy is immune to regional tensions, noting that central economic policies and stable oil revenues give Iraq great ability to confront any fluctuations."

Regarding the future of the Iraqi economy if wars continue in the region, the economic expert stressed that “the effects of the current crises on the Iraqi economy remain relative, noting that their impact on the movement of internal and external trade will be limited if the situation is dealt with cautiously and a flexible economic policy is followed. He added that the political crisis in some neighboring countries may give Iraq an opportunity to increase its imports from other countries and open new markets.”  link

Mot: .......... tip  

Mot: What’s in the tree? 

FRANK26….12-13-24……AKI…..CALLS ….TOMORROW

KTFA

Friday Night Conference Call

FRANK26….12-13-24……AKI…..CALLS ….TOMORROW

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=dgmWlskf2f0

‘Debasement Trade’: Why Gold Is Surging & Fiat Is Failing, How to Exit the System | Jeremy Cordon

‘Debasement Trade’: Why Gold Is Surging & Fiat Is Failing, How to Exit the System | Jeremy Cordon

Kitco News:  12-13-2024

Gold surged to $2,700 an ounce in 2024, driven by persistent inflation, geopolitical risks, and widespread dollar debasement.

Central banks ramped up gold purchases, and investors sought alternatives to fiat currencies amid global economic uncertainty.

 Jeremy Cordon, CEO of Goldback, explained how this growing distrust in traditional monetary systems has fueled the adoption of spendable gold.

Goldbacks, a currency made from real gold in small denominations, have surpassed $200 million in circulation, offering a practical, inflation-proof alternative to cash.

Cordon highlighted how Goldbacks are reshaping the way people use gold, enabling direct transactions without the need to convert back into dollars. With advanced technology to prevent counterfeiting and a growing network of small businesses accepting them, Goldbacks are providing a unique bridge between traditional gold investment and everyday commerce.

As the world moves toward de-dollarization, with institutions and countries diversifying reserves into gold, Cordon discussed the macroeconomic trends that will continue to drive demand for hard assets in 2025 and beyond.

00:00 Introduction

01:22 Public Awareness and Inflation

03:42 Ray Dalio and Geopolitical Trends

04:38 Gold's Long-Term Trend and Saving Strategies

 05:58 Introduction to Goldback

07:20 Goldback's Popularity and Practical Use

25:22 Goldback's Technology and Security

27:21 Customer Feedback and Future Plans

 30:35 Conclusion

https://www.youtube.com/watch?v=hxOlWyV_5jc

Bruce’s Big Call Dinar Intel Thursday Night 12-12-24

Bruce’s Big Call Dinar Intel Thursday Night 12-12-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight.  It is Thursday, December 12TH  and you're listening to the big call.  I'm glad we're having people that are listening from all over the globe. We thank you SAT  team for getting the signal out to so many countries in their own language. Thank you for everything that you've done for us on the call.

Let's do this. Let's talk about where we are, which we always do.

We did hear that the Iraqi Dinar is trading and is in a trading range 4.00 to 4.20 in Iraq as an in country rate now - as of three days now, it's been between 4.00 and 420 and that's really good.

Now our rates at the redemption Center are totally different and much higher.  You got to realize that, okay, much higher, yes, you will be our contract rate on the dinar in the redemption center only

Now realize this, if you want to try to figure out what that is. Try to find out what the per barrel price of oil is that Iraq is selling their oil for. All right?

They're selling it to Turkey, to Egypt, to China, to other countries, I don't even know how many, but they're selling this oil at a per barrel price, you find out what that is the day that you exchange, the day that you go in for your zim redemption and your currency exchanges, that is the rate you will get. And it is a quote, unquote contract rate. We don't sign a contract for it, but it's a contract rate nonetheless. So a little something about that.

Now, what we have heard most recently, I want to say this afternoon, because things have changed. Even today, my Intel has changed, but what we're hearing is that  we are going to have an amazing weekend, according to the people we're talking to now, it's Thursday night, Friday. We had heard we were going to be notified Friday and start Saturday.

The most recent information is that all the releases would be on Saturday, and I'm thinking that to also mean releases of emails to the bondholders, and email releases for us that would have the toll free number on it.

Okay, so I'm looking at our day to get notified, not as much tomorrow, as much as it would be on Saturday. And then we would, once we do that, we set our appointments, and we would go sometime thereafter, and believe me, the redemption centers will be open Sunday if we start with the exchanges on Saturday.

So the main thing is, half of this battle is getting the numbers, setting our appointments and then It's a done deal – we’re able to move forward with our exchanges as soon as we can

It's a, you know, it's a  short way of saying this information that we received today , that's what we're hearing. We're hearing we're going to have a super fantastic weekend. We're hearing tomorrow that banks are ready. Well, redemption centers are going to be ready too.

And just to go further on, redemption centers, the rates at the redemption centers were on the screens, and then they have come off the screens for what's been called Digital sequencing. Digital sequencing, and you can look that up and look into the definition of how it might  apply to the currencies.

I think the main thing I got out of kind of learn about digital sequencing is when it comes to cross border - Cross border transactions, financial transactions, bank wires, purchasing of goods, all of that stuff they're using in combination the FinTech system with the quantum financial system, in conjunction with the Starlink system, those three points of our triangle are bringing everything together, and this digital sequencing is allowing transactions to go much faster between countries, between your bank accounts, as you're moving funds, all of that.

So that's what they're doing. And I'm sure the rates will come right back up, either tonight or tomorrow, and that'll be what we want to see.

Now, you know, there is, there is no sense to set up an appointment and not use the redemption center of course, that's what they're there for. If people don't believe they exist, it's on them.

Believe me they exist. We talk to the people we have, 1-2-3-4-5-6, contacts that are leaders of the redemption centers, the actual leaders, and these are the ones they call operatives, but these are the ones that will be over the staff that is going to be doing the exchanges with us, and some of the leaders are further along, and they're going to be helping with bonds.

If you have sheet bonds and  you've got two boxes or less, you have to let them know when you call to set your appointment that you have some sheet bonds. Tell them the type of bond, and so on, and they should be able to handle those bonds for you during your appointment, but you've got to call them, because it's going to take an additional amount of time to handle your bonds compared to just currency, which is more of a the DelaRue machine function of county and verification does both accounts and verifies the currencies.

But if you have those sheet bonds, you can you need less than two boxes if you want them to handle them  at the redemption center. And don't ask me, How many bonds fit in a box? I don't know.

And I don't want to say because I've heard a number. I'm not sure if that's right or not. So the main thing is, if you have some bonds, what I would consider loose bonds, sheet bonds. We're not talking about the zim, but there are zim sheet bonds too. There are long sheets, I'm going to say eight and a half by 11, or whatever the size of the pages that are sheet bonds and zoom.

So you have those. Those count too. You can bring those to it. So let them know when you send your appointment. Remember, when you use the call center and you call in, you'll be transferred, more than likely to the redemption center that will handle your transactions. Okay, that's the idea of it.

Now, if they don't give you a direct transfer, they're to give you an 800 number to call, to go to that that goes to that redemption center that's keyed in by your zip code. They have them all over the country, as you can imagine, and you just need to let them know the zip code that either where you live, where you work, or where you want to exchange.

Let's say you're out of town and you're not at home and you're on the road, but you know there are redemption centers in Georgia, for example, you might want to know the zip code of that area where you are, and they'll be able to find a redemption or close to that area. All right, now, if you're in the wild, wild west, and you're out in South Dakota or out in Wyoming or whatever.

Yeah, the redemption centers are gonna be a little further apart even even Nevada. But, you know the main cities in Nevada, and so, you know, you guys that are in Tonopah  ? ?  ?, some of those areas might have to go to Reno or, you know, whatever. But that's okay.

So that's really pretty much what I wanted to say about about that. What else is there? Guys? I think you guys, if you've listened to big call for a while, you know the drill and what's going on, and there's not a whole lot new that I can add -  really

I think that's what I wanted to say. We'll have to see if we get numbers and so on. We probably won't on Tuesday, since we expect to get notified Saturday and be in our exchanges sometime thereafter. So we're just we're just thankful that big call universe is being reached by the satellite team, our SAT team.

And, you know, I want to wish everybody a happy a very Merry Christmas and Happy New Year. Happy, you know, every holiday season. You know, we're just going to wish all that, and we'll be in touch with you guys by email. If you haven't registered your email on big call universe, feel free to do so, and that's how we'll know that we can get in touch with you in our near future. All right, so let's pray the call out. Thanks again, everybody.  God bless you. Take care. We'll talk you.

 Bruce’s Big Call Dinar Intel Thursday Night 12-12-24 REPLAY LINK   Intel begins   56:16 https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHLNt

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Bruce’s Big Call Dinar Intel Thursday Night 12-5-24 REPLAY LINK   Intel begins   1:08:50

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Bruce’s Big Call Dinar Intel Tuesday Night 12-3-24 REPLAY LINK  Intel Begins 1:16:12

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Bruce’s Big Call Dinar Intel Thursday Night 11-28-24  REPLAY LINK  NO CALL

Bruce’s Big Call Dinar Intel Tuesday Night 11-26-24  REPLAY LINK  Intel Begins 1:16:30

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Bruce’s Big Call Dinar Intel Thursday Night 11-2124  REPLAYLINK  Intel begins   1:10:20 

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Bruce’s Big Call Dinar Intel Tuesday Night 11-19-24  REPLAY LINK  Intel Begins 1:12: 21

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Bruce’s Big Call Dinar Intel Thursday Night 11-13-24  REPLAY LINK  Intel Begins   1:04:54

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Seeds of Wisdom RV and Economic Updates Friday Afternoon 12-13-24

Good Afternoon Dinar Recaps,

 BRICS NEWS:  BRICS ANNOUNCE CREATION OF NEW KEY ALLIANCE: WHAT IT MEANS

Amid the shifting geopolitical landscape, the BRICS bloc has announced the creation of a new key alliance that could have massive ramifications. Indeed, the economic alliance has seen its members come together to establish a new collaborative effort to focus on technological growth over the next six years.

The BRICS bloc has ramped up cooperation over the last two years. As Russia has navigated increased Western sanctions following its invasion of Ukraine in 2022, it has looked to its allies in the global south to continue fortifying its global position. That is poised to continue with the launch of this new alliance.

BRICS Launch New Alliance With Massive GDP Growth Expected

The past two years have been massive for the BRICS alliance. It has grown from a five-member bloc to a nine-member collective and introduced a new 13-nation partnership association. Yet alongside its growth has been an ongoing and worldwide technology revolution. Now, the bloc has instituted a new initiative to take advantage of those changes.

The BRICS bloc has announced the creation of its very own AI alliance, according to a Reuters report. Indeed, Russian President Vladimir Putin announced that the country would spearhead plans to develop AI technology within the BRICS nations. The move will see the global south seek to better compete with the world in various emerging technologies.

Russia must participate on equal terms in the global race to create strong artificial intelligence,” Putin said at an AI conference in Moscow. “It is precisely the advanced solutions hat Russian scientists are currently working on.”

Additionally, Putin said the bloc will “invite scientists from all over the world to join in the collaboration.” Currently, Western sanctions have affected Russia’s access to microchips necessary for AI development. Therefore, it is once again turning to its BRICS allies to help it keep pace while the Ukraine war that is driving sanctions persists.

@ Newshounds News™

Source:  Watcher Gurur

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TRUMP TEAM EXPLORES CONSOLIDATING OR ENDING BANKING OVERSIGHT BODIES—BIG WIN FOR CRYPTO?

▪️Donald Trump’s presidential transition team is reportedly discussing the possibility of reducing the number of banking regulators, merging agencies, or even eliminating some entirely.

▪️With the potential consolidation or reform of the FDIC, OCC, and Federal Reserve, alongside the CFPB, the crypto market could benefit from a more streamlined regulatory environment, allowing it to flourish more freely.

Advisers to President-elect Donald Trump and officials of the Department of Government Efficiency (D.O.G.E), Elon Musk and Vivek Ramaswamy, are reportedly debating on strategies to slim down or even abolish key financial watchdogs.

According to a report by The Wall Street Journal, this discussion comes as part of a broader push to reconfigure the regulatory framework affecting the banking and crypto sector, which some in Trump’s circle view as overly burdensome. These advisers argue that a significant rollback of regulatory powers could foster a more business-friendly environment for cryptocurrencies.

In interviews, Trump’s advisers have raised questions about the feasibility of consolidating bank deposit insurance functions into the Treasury Department.

Additionally, conversations have included suggestions to combine various regulatory bodies, including the FDIC, the Office of the Comptroller of the Currency (OCC), and the Federal Reserve.

A significant opportunity has emerged for Trump to appoint a new leader to the Federal Deposit Insurance Corporation (FDIC).

Meanwhile, Brian Quintenz, a prominent name in cryptocurrency policy, is being considered for the chair position at the Commodity Futures Trading Commission (CFTC). Current FDIC Chair Martin Gruenberg has announced his retirement, effective January 19.

However, as he steps down, he faces considerable challenges. Republican House of Representatives member Tom Emmer publicly accused Gruenberg of being the “architect of Operation Chokepoint 2.0. and failing to protect his own employees”. 

Emmer’s comment is based on a congressional hearing where Gruenberg testified about an investigation revealing a culture of sexual assault, harassment, and mistreatment at the FDIC during his tenure.

For context, “Operation Chokepoint 2.0” is an alleged and unconfirmed initiative suggesting that the U.S. government pressured banks to limit services to cryptocurrency businesses, which may have impacted crypto exchanges like Binance and Coinbase.

Deregulation: A Double-Edged Sword for Crypto?

Nic Carter, a partner at Castle Island Ventures, recently stated that Silvergate Bank likely would have survived if it hadn’t been forced into voluntary liquidation by U.S. regulators.

The bank paid out large fines to its regulators: $43 million to the Federal Reserve, $20 million to California’s Department of Financial Protection, and $50 million to the Securities and Exchange Commission (SEC). Carter revealed that an insider at Silvergate informed him the bank had to limit its crypto deposits to 15% to avoid regulatory repercussions.

Signature Bank and Silicon Valley Bank, both of which were known for their support of cryptocurrency, are additional examples of banks affected by the actions of the FDIC. These banks, which had partnerships with venture capital firms like Andreessen Horowitz and Pantera Capital, shut down in early 2023.

Recently, a federal judge reprimanded the FDIC for its lack of transparency regarding its oversight of banks involved in cryptocurrency. This criticism highlights the need for reforms in the agency.

Additionally, the potential dissolution of the Consumer Financial Protection Bureau (CFPB) adds another challenge for the crypto sector.

The judge’s comments arose during a Freedom of Information Act (FOIA) lawsuit backed by Coinbase, which questioned the FDIC’s redactions of “pause letters” issued to banks concerning their crypto activities.

By abolishing the watchdogs, it can allocate resources more efficiently and encourage innovation in the crypto industry. However, if regulatory changes disrupt the existing financial oversight structure, the crypto industry might find itself in a precarious position as agencies like the SEC, CFTC, and OCC vie for authority over various facets of blockchain. 

This process could either clarify regulations or lead to confusion and instability within the industry.

With support from Coinbase and other major crypto firms, the election of pro-crypto candidates marked a pivotal moment for the industry. 

The cryptocurrency sector invested over $119 million to support such candidates, resulting in the election of more than 240 pro-crypto lawmakers to the House of Representatives and Senate, a notable success for the push for clearer regulations and leadership in the US.

Coinbase CEO Brian Armstrong declared this as “America’s most pro-crypto Congress ever,” suggesting that the potential abolition of banking watchdogs would represent a substantial win for the crypto industry and could bolster investor confidence.

Additionally, it could enable cryptocurrencies to operate more efficiently, leading to real-time transactions, lower fees, and increased mainstream acceptance.

@ Newshounds News™

Source: Crypto News Flash

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CARDANO (ADA) JUST RELEASED DAEDALUS V7.0.0: MAIN CHANGES

Cardano's developer Input Output announced the release of Daedalus v7.0.0, an updated version of full-node desktop wallet software. Deadalus mechanisms are optimized for a new design of ADA delegation that is necessary for the upcoming Cardano Constitution referendum.

Cardano's Daedalus v7 is out: What changed?

Input Output Global, the development entity behind PoS blockchain Cardano, announced the release of a new version of Daedalus, its full-node wallet software. Daedalus v7.0.0 arrives with major changes of the ADA delegation mechanism.

The new release, which was revealed by IOG on Dec. 10, 2024, enables users to delegate their voting power to delegated representatives (DReps), as voting actors in governance mechanism.

Also, with Daedalus v7.0.0, ADA wallets can choose an automatic voting option (abstain or no confidence), ensuring that the Daedalus community has a voice in crucial developments for Cardano.

Daedalus v7.0.0 build is now available in mainnet, pre-prod and preview iterations. The team of IOG reiterated that the ADA community should be ultra-cautious about Daedalus-related scams.

ADA community to vote on Cardano Constitution in January 2025

Namely, Cardanians should always keep in mind that Daedalus full node wallet is only available for desktops. All announcements regarding "mobile Daedalus" wallets and ADA delegation in them are blatant scams.

Also, in the new voting tab, users can select their registration preference for each wallet held in Daedalus. Existing users will get a prompt to update via the Daedalus newsfeed.

As covered by U.Today previously, Cardano inches closer to the greatest referendum in years. In January 2025, the ADA community will approve or reject Cardano Constitution, an ambitious decentralization principles code.

In early December, Cardano's Constitution draft was approved by a convention in Buenos Aires.

@ Newshounds News™

Source:  Trading View

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FRIDAY NIGHT LIVE CONSTITUTION CALL

Discussions on our Constitution, your sovereignty, your rights, your jurisdiction, your citizenship, and your Strawman.  Join the call whether you are brand new and know nothing of how we lost our sovereignty, original Constitution, and God given rights over the last 200 hundred years or whether you are a scholar on the subject.  We invite all to join. We have two gentlemen, Mike Mason and Jim Silver57, who are well versed on our TRUE history and we invite you to join in the discussion.

JOIN US TONIGHT AT 5 PM PT, 7 PM CT, AND 8 PM ET

JOIN THE CALL HERE 
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Download the app on either your mobile phone or PC, then click the 'Join the Call ' Link above to listen and/or ask questions..

@ Newshounds News™

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WHAT DID HE SAY ABOUT LAW?  |  Youtube Short

Jim Silver 57 on:

History, Common and Civil Law, Jurisdiction, Language

 @ Newshounds News™

Source:  Seeds of Wisdom Team RV Currency Facts

~~~~~~~~~

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More News, Rumors and Opinions Friday Afternoon 12-13-2024

Holly: For clarity

-it is happening
-it is real
-we can see it happening before our eyes
-the world is changing each day to prepare for this
-the financial world is slowly building speed with all the changes that have taken place
- don’t lose hope and keep the faith

But….-Reno is not on high alert nor has the green light been given….At least not yet…

It can happen any time, any moment. No one knows when exactly. Based on the news, things are very promising.

Just keep living your life and doing plan A until plan B happens.

-Holly 

Gold Telegraph: The Fall of the Roman Empire Took 200-300 Years

Dec. 13, 2024

The Ministry of Finance in Russia plans to issue digital financial instruments for gold in 2025. The Finance Ministry believes gold can be used in international payments. BOOM. Things are heating up.

BREAKING NEWS: FLORIDA CHIEF FINANCIAL OFFICER ANNOUNCES HE’S LAUNCHING A STUDY TO SEE IF GOLD AND SILVER BULLION CAN BE USED AS LEGAL TENDER

Another one. The trend is getting stronger.

“The study, which will be conducted by the Florida Department of Financial Services, will focus on physical gold and silver in the form of bars and coins…”

Source: https://www.fox13news.com/news/could-gold-silver-become-currency-florida-cfo-patronis-supports-move

The fall of the Roman Empire took 200–300 years… Initially, currency devaluation was slow, around 1–2% annually, but one emperor sped it up, devaluing the currency 70% in just three years which set off the destruction of the empire. – Billionaire Pierre Lassonde

https://twitter.com/i/status/1867333360445505858

Mr. Lassonde shares his bullish outlook on gold for the next four years, drawing parallels to the explosive market conditions of the late 1970s.

GOLD TELEGRAPH CONVERSATIONS #2: BILLIONAIRE PIERRE LASSONDE. "The gold price will ultimately be decided not in the United States, but in the East." - Pierre Lassonde

https://twitter.com/i/status/1867307651031261417

Canada is considering export taxes on key commodities to the United States including:

1. Uranium
2. Oil
3. Potash

Hello Trade Wars.

The National Debt in the United States has increased by nearly $8.5 trillion since Janet Yellen became the Treasury Secretary. Under her leadership, the U.S. Treasury also launched a debt buyback program for the FIRST TIME in more than 20 years. Talk about a legacy of debt…

BREAKING NEWS: THE PRESIDENT OF THE EUROPEAN CENTRAL BANK CRITICIZES FRANCE AND GERMANY FOR CAUSING SELF-INFLICTED UNCERTAINTY IN THE EUROZONE

They are turning on each other.

“Christine Lagarde said the eurozone economy is ‘losing momentum…”

Source: https://www.telegraph.co.uk/business/2024/12/12/ftse-100-markets-latest-news-dunkelflaute-ecb-interest-rate/

https://dinarchronicles.com/2024/12/13/gold-telegraph-the-fall-of-the-roman-empire-took-200-300-years/

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

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

Militia Man  ...December 15, I believe remittance auctions will cease...That may be the last you see of the dollar auctions...They're pushing towards getting rid of the illegal market smuggling... Article quote: "Advisor to the Prime Minister Saleh confirmed again...that tightening the control over suspicious financial transfers reduces manipulation of the exchange rate and the stability of the national currency..."  Cessation of these auctions of the dollar and the illegal trade, it's going to do wonders.  That's their focus and they're not deviating...

Frank26  Parliament is so angry right now because they don't have the ability to steal like they used to.  It's called profiteering.  If the politicians cannot profiteer anymore off the currency, off of the exchange rate through the CBI, through the auctions, what are they going to do?  Only two options - get lost or get along.  The majority have decided to get along but they have lost some.  They're just stubborn people...Politicians that realize they have no more power in parliament are leaving...Bye Sadr.

LIVE! FED. NEXT PHASE. EXPECT BANK MERGERS, A CONSOLIDATION OF POWER, AND DEREGULATION.

Greg Mannarino:  12-13-2024

https://www.youtube.com/watch?v=JxEppK7tVT8

End of EU | Political, Economic & Social Collapse Accelerates Amid Massive Layoffs and Closures

Lena Petrova:  12-12-2024

https://www.youtube.com/watch?v=49WaBG9Cljk

New Monetary System?: Steve Penny

New Monetary System?:  Steve Penny

Liberty and finance:  12-12-2024

Steve Penny discusses the potential reordering of the global monetary system under the Trump administration.

Penny will dive into how this shift could impact the markets for gold and silver, offering insights into the future of monetary metals.

In a recent discussion on Liberty and Finance, Steve Penny, a prominent figure from silverchartist.com, delved into the intriguing dynamics of the global monetary system, particularly within the context of a potential Trump Administration. As economic conditions continue to evolve, understanding the underlying factors that influence precious metals is crucial for investors eyeing opportunities in gold and silver.

The global financial system has long been characterized by a complex web of currencies and policies. However, with the ever-changing political climate, especially with the influence of former President Donald Trump, there are growing concerns about a potential reordering of this system.

Penny posits that such a shift could have profound implications for the markets—especially for investors holding gold and silver.

Historically, precious metals like gold and silver have served as a hedge against inflation and economic uncertainty.

When trust in fiat currencies wanes—often spurred by geopolitical events or significant policy changes—investors tend to flock to these tangible assets.

Penny indicates that a potential move towards a more nationalistic monetary policy under Trump could catalyze this trend, contributing to a renewed interest in the monetary metals market.

According to Penny, if the Trump Administration follows through on proposed changes to the monetary system, it could lead to increased volatility in traditional markets. Precious metals are often viewed as safe-haven assets during such periods, making them attractive for investors seeking to mitigate risk.

Penny’s insights provide a valuable perspective for investors considering their positions in precious metals. Understanding the potential for significant changes in the monetary framework under a Trump Administration can help them make informed decisions about their investments.

Furthermore, as market conditions change and new policies emerge, it is crucial for investors to remain vigilant and adaptable.

In the world of finance, knowledge is power, and with the potential for significant shifts on the horizon, this is one conversation investors cannot afford to miss. As always, preparation and proactive decision-making will be key to seizing the opportunities that lie ahead in the precious metals market.

https://www.youtube.com/watch?v=TaY7Ypv1EGw

Coffee with MarkZ and Mr. Cottrell. 12/13/2024

Coffee with MarkZ and Mr. Cottrell. 12/13/2024

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 it's Friday the 13th….

Member: Maybe this is our lucky day

Member: I'm in a very positive mood today! I hope you all are, too!

Member: Breaking:  Florida is proposing that silver and Gold become legal tender

MZ: I have seen that. A number of states are setting up for a legal tender of gold and silver. What are they preparing for? Right?

MZ: in Iraq: “Central Bank governor opening foreign channels to foreign currencies eliminates the black market” they are talking about partnering with neighboring countries and carry more of a “basket of currencies” so they do not need the US dollar for trade. Including Jordan, Saudi Arabia, and different countries around them .

MZ: They want to split the value of the Iraqi dinar based on gold, oil, reserves and a basket of partnering currencies. This should mean a much higher value for the Iraqi dinar. They are making “real world moves”  to support the value of their currency.

MZ: “Minister of commerce: We have a strategic storage and the food basket is fully secured” they have over 6 months of the minimum Iraq needs of food. Even the us does not have that much

MZ: “Why will Iraq become one of Trump’s priorities in the coming period?” Trump wants to work with Iraq to support stability and security. What do you guys think the reason is Trump wants Iraq safe and secure???  Lol Could it a revaluation?

Member: What! An exciting time. Iraq is all done let’s put it on FOREX

MZ: On the bond side I have noticed a serious increase in the number of deals that flippers are making. And offers that flippers are making with immediate closures on those deals. They are telling bond people “What if those goes on longer- you should sell to us right now”

MZ: Why are historic bond flippers willing to spend a lot more money right away- then they were before? Do they sense how close we are? Do they know something on this front? This kinda surprised me

MZ: Flippers are suddenly willing to spend billions of dollars to pick up boxes of historic bonds ect….IMO they would not be spending this money unless they felt they would get it back quickly with a profit…They have to know it is coming.

Member: so like flipping a house. You buy it a bit cheaper ..then resell it at a profit .  got it….that is very interesting

Member: I have heard $4.20 in country in Iraq right now

MZ: I have heard that rumor as well….dont have anything confirmed yet

Member: Anyone think this may be " THE " Magic Weekend where RV rates may actually post next week?

Member: I always said RV will not happen until the new USTN is out but from the looks of it XRP is what is replacing the Fiat money

Member: I wonder- Are redemption folks working this weekend?

Member: Friday the 13th….full moon weekend and light show from cosmic lights

Member: Today is my “retirement day” would love to see an RV

MZ: We would all love to retire and celebrate it with you!!!!!

Member: Supposedly- starting January 1st IRS taxable event foreign currencies

Member: Let’s hope Trump stops that when he takes office

Member: Do you guys believe this will happen still in 2024?

Member: I don’t think we will see it until after the inauguration….but, I would love to be wrong.

Member: Praying for an eventful weekend!

Member: You’re watching amazing progress happening...more than ever...hang in there...Our Worldwide RAINBOW is AHEAD

​​Mod:  HAPPY BIRTHDAY TO ALL THE FRIDAY THE 13th BABIES

MZ: There will be no podcast tonight

Mod :  have a good day everyone.

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

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 TOMORROW AM FOR NEWS @ 9:45 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

Youtube:    https://www.youtube.com/watch?v=N90asJuPttA

Iraq Economic News and Points to Ponder Friday AM 12-13-24

Iraq Is the Second Arab Country In Terms Of Natural Resources

  Energy Economy News - Follow-up  Iraq ranked ninth in the world and second in the Arab world as the country with the most natural resources.  Russia is the world's largest natural resource holder, led by its large reserves of oil, coal, natural gas and rare earth minerals.

The United States follows, thanks to its coal, timber, gas and mineral resources, while Saudi Arabia and Canada rank third and fourth, respectively, driven by oil and important industrial minerals.

ountries such as Iran, Iraq and Venezuela stand out on the list, which have huge amounts of oil, natural gas and other energy resources, while other countries such as Australia, China and Canada have important earth minerals used in industry.

Despite the huge resources these countries possess, wealth management remains a crucial factor in achieving sustainability and real development in the future. 139 views Added 12/12/2024 - https://economy-news.net/content.php?id=50798

Central Bank Governor: Opening External Channels With Foreign Currencies Eliminates The Black Market

Banks Economy News – Baghdad  Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.

The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market."

According to the statement, the governor of the Central Bank stressed "the need to make efforts to achieve fluidity and provide the best banking services to the bank's customers."

The governor pointed out that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market." 87 views   12/12/2024 https://economy-news.net/content.php?id=50812

The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services

Chairman of the Securities Commission Faisal Al-Haimas  Stock Exchange Economy News – Baghdad  The Securities Commission warned citizens, on Thursday, against dealing with fictitious companies that claim to provide online stock trading services.

A statement by the Authority, seen by Al-Eqtisad News, quoted its Chairman, Faisal Al-Haims, as saying, “These misleading companies that publish their advertisements on social media sites aim to exploit and deceive citizens.”

Al-Haimas called on "citizens to invest in the Iraqi Stock Exchange, where there is a safe investment environment and companies licensed by the Commission, subject to strict controls and laws set to protect investors and guarantee their rights."

He added, "The Iraq Stock Exchange includes reliable companies operating in various sectors, and provides promising investment opportunities. We invite everyone to visit the official website of the Securities Commission to verify the companies authorized to trade."

The Authority indicated that it "continues to monitor the market and take the necessary measures against illegal entities," stressing "the importance of being accurate and avoiding dealing with suspicious entities."  81 views  Added 12/12/2024 https://economy-news.net/content.php?id=50806

Globally.. Gold Prices Decline

Time: 2024/12/12 09:27:11 Read: 2,054 times {Economic: Al Furat News} Gold prices witnessed a decline during early trading on Thursday, as investors took profits after prices recorded their highest level in more than a month earlier in the day amid growing expectations that the Federal Reserve (the US central bank) will cut interest rates next week.

Spot gold fell 0.5 percent to $2,704.41 per ounce by 0257 GMT, after hitting its highest since Nov. 6 earlier in the session.

US gold futures also fell 0.5 percent to $2,744.60.

According to the CME FedWatch tool, traders now expect a 98.4 percent chance of the Fed cutting rates by 25 basis points on Dec. 18, compared with about 86 percent before the U.S. inflation report.

Among other precious metals, spot silver fell 0.3 percent to $31.84 an ounce, platinum fell 0.2 percent to $937.55 and palladium fell 0.2 percent to $979.91. LINK

Dollar Prices Stabilize In Baghdad Markets

Time: 2024/12/12 10:41:50 Read: 1,820 times  {Economic: Al Furat News} The US dollar exchange rate stabilized this morning, Thursday, in Baghdad markets.

The prices are as follows. The selling price is 151,500 dinars, while the purchase price is 149,500 dinars per 100 dollars. LINK

Al-Alaq Praises TBI’s Efforts In Expanding Customer Base

Thursday 12 December 2024 18:48 | Economic Number of readings: 80 Baghdad / NINA / The Governor of the Central Bank, Ali Al-Alaq, praised, on Thursday, the efforts of the Trade Bank of Iraq (TBI) in expanding its customer base, stressing that the Central Bank's continued opening of channels in foreign and Arab currencies achieves continuous stability in the exchange rate.

The media advisor to the Trade Bank of Iraq (TBI), Aqil Al-Shuwaili, said in a statement, "The Governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts in expanding its customer base of importing traders and procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market. "

The Governor of the Central Bank stressed the need to make efforts to achieve fluidity and provide the best banking services to the bank's customers.

The Governor pointed out that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market." / End8   https://ninanews.com/Website/News/Details?key=1174312

Hassan Ali Abd: Developing The Financial Sector Is The Key To Development
 
December 12, 2024 Last updated: December 12, 2024  Independent/- Banking expert Hassan Ali Abd stressed the importance of government trends aimed at
 
     advancing the reality of electronic payment and its role in attracting foreign investment flows, and
     adopting the use of advanced technological means of communication and information.

Abdel stressed the  importance of supporting the next stage aimed at developing the performance of the economic sectors in order to achieve a multiplicity of financial revenues for the country, and
 
working to prepare in-depth studies on the available capabilities in non-oil activities and
 
trying to develop them so that they can create alternatives, in addition to the necessity of
 
preparing a long-term strategy that takes into account various aspects.. He explained that the
 
process as a whole requires an advanced banking system capable of supporting all economic operations, and
 
our private banks have become aware of this and are working hard to develop all aspects of their work. He pointed out that    Iraq is an important economic front for many international companies during the coming period, and   we must work in this direction and create an appropriate environment to attract international efforts.    https://mustaqila.com/حسن-علي-عبد-تطوير-قطاع-المال-مفتاح-التن/   

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

Seeds of Wisdom RV and Economic Updates Friday Morning 12-13-24

Good Morning Dinar Recaps,

CRYPTO ADVOCATE FRENCH HILL PICKED TO LEAD HOUSE FINANCIAL SERVICES COMMITTEE IN 2025

As chair, Hill will oversee Federal Reserve, Wall Street, and crypto sector regulations amid growing scrutiny.  Congressman French Hill has been appointed as the next chair of the House Financial Services Committee.

He will succeed North Carolina’s Patrick McHenry, who is retiring after a 20-year stint in Congress, including multiple terms leading Republicans on the board.

Hill’s Vision

The Arkansas Republican announced the news on December 13 via X:

“I am humbled that my colleagues have placed their trust in me to lead FinancialCmte as their next Chairman.”

The party’s steering committee appointed the lawmaker to the role on Thursday while finalizing committee leadership for the 119th Congress, which begins next year. This position means Hill will be key for legislative initiatives for the crypto industry that will take shape in the coming year.

In a formal statement, the 68-year-old highlighted his promise to work closely with Speaker Mike Johnson, Majority Leader Steve Scalise, Majority Whip Tom Emmer, and House Republican Conference Chair Lisa McClain in the future.

He also mentioned that he’s looking forward to collaborating with President-elect Donald Trump and Senate Banking Committee Chairman Tim Scott on what he described as “a new era of American prosperity’ for all citizens.

Crypto Legislative Efforts

The Financial Services Committee oversees critical areas, including the Federal Reserve, Wall Street regulations, and the increasingly scrutinized cryptocurrency sector. Hill, who currently chairs the Digital Assets, Financial Technology, and Inclusion subcommittee, has been a vocal proponent of crypto-related legislation.

His efforts include championing bills to clarify regulatory jurisdiction between the Securities and Exchange Commission (SEC) and the Commodities and Futures Trading Commission (CFTC). 

He has also collaborated with California Representative Maxine Waters on stablecoin legislation, though the bill was ultimately not introduced.

Additionally, the Arkansan has pledged to investigate Operation Chokepoint 2.0, which he described as an initiative targeting the cryptocurrency sector through politicized debanking.

Trump has previously vowed to end the Biden administration’s war on crypto. Following his re-election, reports came out that his transition team was considering various crypto-friendly candidates for key regulatory positions.

Since then, the President-elect has appointed David Sacks as AI and Crypto Czar and Paul Atkins as the SEC’s new chairman. Hill will officially take on the leadership role when the new congressional session convenes on January 3, 2025.

@ Newshounds News™

Source:  Crypto Potato

~~~~~~~~~

COINBASE TO START RESTRICTING STABLECOINS IN EU BASED ON MICA COMPLIANCE

▪️Coinbase will restrict non-compliant stablecoins under MiCA, including USDT, PAX, PYUSD, and DAI, starting tomorrow.

▪️Algorand identified Circle’s USDC and Quantoz’s EURD as compliant alternatives amid shifting EU stablecoin market dynamics

▪️Tether exited Europe but invested in Quantoz, signaling strategic pivots as Circle partners with Binance to challenge Tether’s dominance.

According to Algorand, Coinbase began notifying its European clients that it will begin restricting stablecoins that don’t meet Markets in Crypto Assets (MiCA) requirements tomorrow.

Coinbase Prepares for MiCA

This news comes from the Algorand Foundation, a proof-of-stake blockchain and cryptocurrency.

Algorand directly posted their notice from Coinbase through a social media post and listed the MiCA-compliant stablecoins that its users could switch to. Both of these options, Circle and Quantoz, are entangled in a new struggle for EU stablecoin dominance.

“Dear Client, as a reminder, due to the new MiCA regulation, Coinbase will implement restrictions for stablecoin services that do not meet MiCA requirements. Based on the latest information, we currently expect we will have to restrict services for the following assets: USDT, PAX, PYUSD, GUSD, GYEN, and DAI,” Coinbase claimed in its notice.

MiCA is a comprehensive new regulatory framework for cryptoassets in the EU, and its advent is creating dramatic new market opportunities. 

Before this year, Tether was the dominant stablecoin in this market, but it quickly became apparent that the stablecoin giant would not meet compliance. Several firms consider this moment a chance to overtake Tether’s market share.

Tether, for its part, is acting strategically. On one hand, it significantly scaled back EU operations in November. The company also heavily invested in Quantoz, which launched one of two MiCA-compliant stablecoins that Algorand identified. The other approved asset, Circle’s USDC, represents an effort to directly muscle in on Tether’s old territory.

Yesterday, Binance announced a partnership with Circle, seemingly to expand in Europe. Coinbase partially owns Circle, and thus, this public gesture took place despite these two massive exchanges’ rivalry. With their combined capital and resources, the pair could make significant strides in the EU market.

For non-stablecoin crypto firms like Algorand, however, this “MiCA market opportunity” might not impact regular operations. The firm has enjoyed an impressive rally in recent months, and its announcement claimed that users could seamlessly use either USDC or EURD from Quantoz.

@ Newshounds News™

Source:  Be In Crypto

~~~~~~~~~

CRYPTO SUCCESS SECRETS NOBODY SHARES  |  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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