Seeds of Wisdom RV and Economic Updates Sunday Morning 12-22-24
Good Morning Dinar Recaps,
XRP LAWSUIT NEWS: EX-SEC LAWYER REVEALS RIPPLE WAS DISCUSSED WEEKLY, PREDICTS POSSIBLE DISMISSAL OF APPEAL
Ripple-SEC closed meeting sparks rumors of potential case dismissal, fueling XRP community's hope for a major rally ahead.
Former SEC lawyer predicts possible XRP case closure, as government shutdowns and RLUSD launch impact Ripple's future prospects.
Good Morning Dinar Recaps,
XRP LAWSUIT NEWS: EX-SEC LAWYER REVEALS RIPPLE WAS DISCUSSED WEEKLY, PREDICTS POSSIBLE DISMISSAL OF APPEAL
Ripple-SEC closed meeting sparks rumors of potential case dismissal, fueling XRP community's hope for a major rally ahead.
Former SEC lawyer predicts possible XRP case closure, as government shutdowns and RLUSD launch impact Ripple's future prospects.
There are rumors that Ripple and the SEC will have a closed meeting, which could lead to a significant development in the XRP case. Speculation suggests that the meeting may result in the case being closed or dropped entirely, with answers expected soon.
A user reacted to this, praising the XRP community for its unwavering perseverance. Despite being wrong many times, the community continues to stay positive and hopeful, showing up every month for updates.
Ex-SEC lawyer Marc Fagel believes the SEC will continue on its current path for now, filing the opening brief as planned. He also pointed out that the new SEC chair could take some time to be confirmed, and it’s possible that they may vote to dismiss the appeal. Though it’s an unusual step, Fagel thinks it’s a possibility if the right people are in charge.
SEC’s Shutdown, RLUSD Live and More
In other news, the SEC is preparing for a government shutdown, which could impact its operations. Government shutdowns and financial instability, like the US government’s debt issues, have added pressure on the market.
Ripple’s RLUSD launch had positive price action initially but has since been impacted by market downturns. Brad Garlinghouse, Ripple’s CEO, believes RLUSD will be big for the company’s future. With SEC’s clarity and possible case dismissal, XRP might be up for a massive rally.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
GOOGLE TO REQUIRE UK CRYPTO ADS TO REGISTER WITH FINANCIAL REGULATOR STARTING JANUARY 2025
The new policy will take effect on January 15, 2025.
Hello, World!
Google has announced a policy update requiring advertisements for digital asset exchanges and wallets in the United Kingdom to register with the Financial Conduct Authority (FCA) before being allowed to run on its platform.
The new policy will take effect on January 15, 2025, the search engine company said in a recent announcement.
Under the updated rules, advertisers offering crypto exchange services or software wallets in the UK must meet specific conditions to promote their products.
UK Crypto Firms Need to Register with FCA
Chief among these is registration with the FCA, ensuring compliance with the country’s financial regulations.
Additionally, Google will permit advertisements for hardware wallets that store cryptocurrency private keys, non-fungible tokens (NFTs), or other digital assets.
However, these hardware wallet providers must avoid offering ancillary services such as buying, selling, or trading digital assets.
While the search giant did not provide additional requirements for hardware wallet ads, it emphasized that all advertisers must adhere to local laws in their targeted regions.
“As a reminder, we expect all advertisers to comply with the local laws for any area that their ads target. This policy will apply globally to all accounts that advertise these financial products,” Google said.
The new policy underscores the growing scrutiny of crypto-related advertisements worldwide as regulators attempt to curb misleading promotions.
In the UK, the FCA recently issued a warning about the Solana-based memecoin and NFT project “Retardio.”
The regulator flagged the project for unauthorized promotions targeting UK consumers, cautioning that investors might face financial losses if the company fails.
Elsewhere, Nigeria’s Securities and Exchange Commission (SEC) has also introduced stricter advertising guidelines for crypto products.
The SEC now requires virtual asset service providers and influencers to secure agency approval before publishing promotional materials.
Google Ads Promotes Fake Crypto Websites
As reported, a sponsored Google ad posing as a link to Sony’s blockchain project, Soneium, was exposed as a cleverly disguised crypto wallet drainer.
In October, a search for “soneium” on Google led users to a phishing site designed to steal crypto assets.
The ad linked to a website with a domain name similar to Soneium’s official site, which appeared as a legitimate yet unfinished landing page for a radiology service based in the UK.
In another incident, a fraudulent cryptocurrency wallet app on Google Play reportedly stole $70,000 from users in a sophisticated scam that has been described as a world-first for targeting mobile users exclusively.
The malicious app, named WalletConnect, mimicked the reputable WalletConnect protocol but was, in fact, a sophisticated scheme to drain crypto wallets.
The deceptive app managed to deceive over 10,000 users into downloading it, according to Check Point Research (CPR), the cybersecurity firm that uncovered the scam.
The scammers behind the app were well aware of the typical challenges faced by web3 users, such as compatibility issues and the lack of widespread support for WalletConnect across different wallets.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
“Bits and Pieces” in Dinarland Sunday AM 12-22-2024
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 Sun. 22 Dec. 2024
Compiled Sun. 22 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Sat. 21 Dec. 2024 TNT Tony: Banks down to the branch level, received a memo saying they were going to be exchanging new currencies, as early as 5:00 today Sat. 21 2024, or this weekend. In Iraq, multiple contractors were paid at a rate of $3.91. Citizens were told that a 10,000 dinar note would now be worth 10 dinars. All T4B must be finished exchanging by December 31, with no exchanges on Christmas Day.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 22 Dec. 2024
Compiled Sun. 22 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Sat. 21 Dec. 2024 TNT Tony: Banks down to the branch level, received a memo saying they were going to be exchanging new currencies, as early as 5:00 today Sat. 21 2024, or this weekend. In Iraq, multiple contractors were paid at a rate of $3.91. Citizens were told that a 10,000 dinar note would now be worth 10 dinars. All T4B must be finished exchanging by December 31, with no exchanges on Christmas Day. https://www.blogtalkradio.com/rayren98/2024/12/20/tntsuperfantastic-conference-call–friday-december-20-2024
Fri. 20 Dec. 2024 Wolverine: “The platforms are closing down right now. The platforms are all loaded with money. It looks like we are crossing the finish line. Have a beautiful, beautiful day. It’s all coming before Christmas.”
Thurs. 19 Dec. 2024 Bruce, The Big Call: All day Fri., Sat, Sun, Mon and Tues until noon, Redemption Center Staff are scheduled to work. They have Christmas off and go back to work the day after Christmas. In the first ten days of Jan. 2025 R&R, increase of SS, NESARA, GESARA kicks in.
~~~~~~~~~~~
Long Term Structured Zim Payout System for Humanitarian Projects: QFS, NESARA, XRP, and Stellar – Redemption Rate = The Amount Paid For Each Zim Dollar…Julian Assange on Telegram
ALERT: The Quantum Financial Revolution is Here! The Structured Payout System stands as the cornerstone of the Quantum Financial System (QFS), offering a transformative approach to managing redemption funds. This intricate system ensures secure, long-term cash flow for humanitarian projects while dismantling the control of traditional banking systems. The Redemption Rate determines the value of your Zim Dollar bonds during the appointment, activating Digital Gold Certificates in the QFS. This process guarantees that your funds are protected and utilized for humanitarian efforts over a term of your choosing, whether 10, 25, 50, 100 years, or beyond, as approved during your Redemption Appointment.
At the heart of this system lies the distinction between the Primary Principal, which calculates the redemption’s total value, and the Secondary Principal, which is the actual amount deposited in your QFS account. Payments are structured as a percentage of the Primary Principal—typically 10% annually—providing consistent funds for your projects. Immediate access to these funds, without waiting periods or external restrictions, ensures flexibility and control. Administered by the Alliance, these funds are safeguarded, securing your financial future against manipulation.
The Quantum Financial System (QFS) is nothing short of a revolution. Built to overthrow the cabal’s stranglehold on global finance, it leverages quantum computing and artificial intelligence to create a decentralized, asset-backed economy. Unlike traditional systems that rely on fiat currencies and central bank policies, the QFS operates on tangible assets like gold, platinum, and oil. Real-time fraud detection powered by quantum technology ensures transparency and security, enabling swift action against any attempted manipulation. This shift represents a new era of financial freedom, where individuals and nations regain control over their financial destinies.
As the world transitions to the QFS, the revaluation of the Iraqi Dinar and the integration of NESARA, XRP, and Stellar signal the dawn of a stable, value-driven economy. The Structured Payout System aligns with this transformation, allowing Sovereigns to secure their futures and plan for long-term humanitarian impact.
The Med Bed technologies further expand the possibilities, making it imperative to choose structured terms wisely, potentially extending beyond 100 years for those dedicated to rebuilding a better world.
The Cabal and their banking puppets are losing their grip as the QFS rises to redefine global finance. This monumental shift empowers humanity, ensuring that financial resources serve the people rather than being tools of oppression. The Structured Payout System and the QFS are instruments of liberation, giving Sovereigns the ability to plan, budget, and execute projects that will shape the next century.
Now is the time to embrace this transformation, setting aside disinformation and focusing on the truths provided by the Alliance. Humanitarians, the future is bright, and the tools for change are within your grasp.
Read full post here: https://dinarchronicles.com/2024/12/22/restored-republic-via-a-gcr-update-as-of-december-22-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...we are almost there... According to my CBI contact the new elected US administration is now working with Iraq and has contacted Iraq and so this is also VERY GOOD news at this time. We must be patient and let the process play out... The process does not change only some events along the way to get there in Dr Shabibi’s plan to reinstate...there is one more step to the de-dollarization process and that is to get off the sole de facto peg to the US dollar. This step must take place and soon, VERY SOON! There is no longer a need for it...It’s time to bring the Iraqi dinar to the forefront.
Militia Man The writing is on the wall, Iraq's going to the private sector and we have to see where the pipeline's going to get started again, the oil, salary is going to get localized, they're going to need an exchange rate to take care of all those things, all those contracts, they're going to need a valuation of the country's true effective exchange rate...We're seeing it all right now in real-time. Will it happen in the next few days? Not sure but we're sure looking at some powerful information that we haven't seen before.
Ten Currencies We Are Watching Updates & Exchange Rates
Edu Matrix: 12-22-2024
Ten Currencies We Are Watching Updates & Exchange Rates -In this video from the Edu Matrix channel, we dive into the latest exchange rates and currencies to watch as of December 20th.
Discover how the Vietnamese Dong (VND), Haitian Gourde (HTG), Iraqi Dinar (IQD), and Argentine Peso (ARS) are performing against the USD.
We’ll also highlight the Brazilian Real (BRL), Colombian Peso (COP), and the rising prices of gold, along with Bitcoin's recent volatility. Learn about Turkey's fluctuating Lira (TRY) and the challenges surrounding the BRICS currency plans.
BE CAREFUL! This Is SERIOUS..." The Whole SYSTEM Is COLLAPSING... - Peter Schiff
Economy101: 12-22-2024
“Tidbits From TNT”
TNT:
Tishwash: The Parliamentary Legal Committee reveals to (Al-Mada) the date for resuming Parliament sessions.. This is the most important thing that will be passed
The Parliamentary Legal Committee set, on Saturday, the date for resuming the sessions of the House of Representatives, while revealing the most prominent laws that will be passed during the current session.
Committee member Raed Al-Maliki said in an interview with (Al-Mada), "Parliament sessions will resume on January 9, 2025, which is the first chapter of the fourth year of the current session of the Council."
TNT:
Tishwash: The Parliamentary Legal Committee reveals to (Al-Mada) the date for resuming Parliament sessions.. This is the most important thing that will be passed
The Parliamentary Legal Committee set, on Saturday, the date for resuming the sessions of the House of Representatives, while revealing the most prominent laws that will be passed during the current session.
Committee member Raed Al-Maliki said in an interview with (Al-Mada), "Parliament sessions will resume on January 9, 2025, which is the first chapter of the fourth year of the current session of the Council."
He added, "Parliament will proceed with the legislation of a number of laws, most notably amending the Drug Law, the Intelligence Service Law, the laws regulating the right to demonstrate, the Iraqi Media Network, amending the amnesty and personal status laws, and other laws."
These developments come at a time when the Iraqi parliament is witnessing repeated disputes over controversial laws, such as personal status, general amnesty, land recovery, oil and gas, which has led to the postponement of sessions or the disruption of the passage of laws on more than one occasion.
Parliament is currently seeking to avoid political tensions and ensure the passage of laws in a manner that serves the stability of legislative work.
The Speaker of the House of Representatives, Mahmoud Al-Mashhadani, confirmed after his election to the position that the controversial laws will be put to a unanimous vote, away from political bickering that may hinder the progress of legislative work. link
************
Tishwash: Masrour Barzani discusses regional developments with Trump's national security nominee
The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed, in a phone call today, Saturday, with Congressman Michael Waltz, who was recently chosen by US President-elect Donald Trump as an advisor to the National Security Council, a number of important issues.
A statement by the regional government received by Shafaq News Agency stated that during the phone call, the two sides discussed the latest developments in Iraq, the Kurdistan Region and the region in general, and stressed the importance of strengthening bilateral relations and joint work to maintain security and stability in the region.
The Prime Minister congratulated the Congressman on his selection as an advisor to the National Security Council, praising his extensive experience in security files and issues related to the region.
The two sides also exchanged views on the results of the recent elections in the Kurdistan Region and the United States, and stressed the importance of democratic change and enhancing joint international cooperation and coordination in this context.
Part of the talks was devoted to discussing the pivotal role of the Kurdistan Region as a reliable partner in the region, as well as its commitment to shared values and goals that promote peace and security. Both sides agreed on the need to intensify joint efforts to overcome challenges and obstacles, in order to ensure the continuation of stability in the region. link
************
Tishwash: Fluctuating Dinar: economic experts urge action as dollar soars in Iraq
Iraq’s dinar continues its erratic trajectory against the US dollar, with no resolution in sight despite years of governmental and central bank efforts, experts attributed the instability to weak policies and unchecked market manipulation.
Root Causes of Volatility
The dollar is surging against the dinar at Baghdad’s main currency exchanges, Al-Kifah and Al-Harithiya, surpassing 1,510 dinars per $1. On the streets, exchange shops are marking up selling prices to more than 1,520 dinars.
“The instability in dollar prices reflects the Iraqi Central Bank and government’s inadequate monetary policies, which fail to address the core of the issue,” said Mustafa Faraj, an economic expert. “Their hesitant measures have left them unable to control the dollar’s value.”
Faraj cited US sanctions on neighboring Syria and Iran as a major factor. “The lack of legitimate trade channels with these countries, combined with restrictions on dollar transfers to them, has led to dollar smuggling, driving up its price,” he told Shafaq News Agency.
“When the dollar rises, it pushes up the cost of basic goods, food, and even commercial activity. This cascade of price hikes stems from a failure to find comprehensive solutions and punish manipulators,” Faraj explained.
Emerging Pressures
New dynamics have exacerbated the crisis. Ahmed Eid, an economic researcher, linked heightened demand for dollars to the fallout from the conflict in Syria. “The shift in Syria has disrupted the interests of militia leaders and influential figures, many of whom are now stockpiling dollars to secure alternative income streams,” he said.
Eid pointed to the closure of Syria’s border with Iraq as a catalyst, forcing traders to seek new suppliers in countries like Turkiye and Egypt. “This transition requires substantial dollar liquidity, which further squeezes the market,” he said.
Currency smuggling and money laundering also continue to erode market stability. “These illicit activities persist unchecked, compounding the dollar’s rise,” Eid warned.
Future Uncertainty Amid Policy Shifts
Concerns are mounting about the impact of Iraq’s planned phase-out of its electronic transfer platform for dollar transactions. Introduced in early 2023, the platform was designed to monitor transfers more effectively. However, the Iraqi Central Bank announced in September that it would be discontinued by year-end.
“The Central Bank’s plan to shift dollar transactions exclusively to foreign banks with correspondent relationships is a blow to local banks,” said economist Ahmed Abdul Rabih. “Four dominant banks will monopolize the sector, sidelining smaller institutions and creating a bottleneck for dollar supply.”
“These banks will dictate the exchange rate, likely driving up prices. The Central Bank must advocate for local banks to establish accounts with international institutions like J.P. Morgan and Citibank,” Abdul Rabih urged.
Reassurances from the Central Bank
In response to public concerns, the Iraqi Central Bank has downplayed fears of major disruptions.
In a statement, it described the transition as part of a phased strategy to align with international standards, emphasizing that 95% of transfers had already shifted from the platform to direct banking relationships.
“The transition will be completed gradually, ensuring continuity,” the bank stated, adding that partnerships with foreign banks in China, India, Turkiye, and the UAE would facilitate trade using non-dollar currencies, such as the yuan and euro.
Thirteen Iraqi banks have already begun operations under the new framework, offering pre-approved transfers and enabling global payment systems for personal and commercial needs, the statement said. These steps aim to “stabilize the currency and curb inflation, reinforcing official exchange rates as the benchmark for legitimate economic activities.”
“The official rate reflects real market dynamics,” the Central Bank stressed, warning against unofficial rates driven by “those engaging in unauthorized practices.”
The bank emphasized that it has structured external transfer operations and the fulfillment of dollar demand along proper channels, aligned with international practices, standards, and the Anti-Money Laundering and Counter-Terrorism Financing Law.
"Providing these channels for all purposes at the official dollar exchange rate makes this rate the true benchmark for economic practices, as evidenced by price stability and inflation control. Any other rate traded outside these channels is considered irregular and utilized by those engaging in non-compliant or illicit practices who avoid official channels in their dealings. These individuals bear the additional costs of purchasing at higher rates than the official price to create the illusion of a disparity between the official and unofficial rates." The statement concluded.
Despite reassurances, skepticism lingers among economic experts, who argue that without stricter enforcement and comprehensive reforms, the dinar’s fluctuations will persist. For many Iraqis, the cost of living remains tightly bound to the fate of the dollar. link
Mot: Marital Moments at Christmas!!!
More News, Rumors and Opinions Saturday PM 12-21-2024
Ariel : The Start of “the Storm” Officially Starts with Iraq
Sat: Dec 21, 2024
I can not stress this enough. Once Iraq reinstates their currency on the Forex market everything is going to speed up. Things are already in a blitz formation. Once the ball snaps there will be no slowing down until the desired destination is reached. Everything. Everywhere. All at once.
The start of “The Storm” in my opinion officially starts with Iraq.
Ariel : The Start of “the Storm” Officially Starts with Iraq
Sat: Dec 21, 2024
I can not stress this enough. Once Iraq reinstates their currency on the Forex market everything is going to speed up. Things are already in a blitz formation. Once the ball snaps there will be no slowing down until the desired destination is reached. Everything. Everywhere. All at once.
The start of “The Storm” in my opinion officially starts with Iraq.
CryptoGeek: BREAKING: Donald Trump signs a deal to integrate $68 billion worth of $XRP into the Federal Reserve and Treasury!
Not sure how accurate this news is. But I will say this in general If this turns out to be true. If XRP becomes a recognized reserve asset or part of international transactions, its liquidity will increase.
This should benefit the Iraqi Dinar, which is paired with XRP, by providing it with a more stable and liquid environment for trading.
We all know Iraq will also use their gold reserves to help stabilize the IQD as well.
This could lead to a more predictable exchange rate for the IQD in international markets, potentially reducing volatility and enhancing investor confidence.
Which was always the goal. Of course RLUSD will play a role in this given that it is a Stable Coin.
************
KTFA
Clare: Parliamentary Committee confirms return of movement regarding preparation of draft oil and gas law
12/21/2024 Information / Special..
Member of the Oil and Gas Committee, MP Basem Al-Gharibawi, confirmed on Saturday that there is a desire among the political forces to legislate the oil and gas law in the near future, through the return of the joint committees to work in order to Prepare a unified draft of the proposed law, with an invitation extended to host the federal oil minister and the regional minister of natural resources together within the committee.
Al-Gharibawi said in a statement to Al-Maalouma Agency, “The legislation of the oil and gas law is of utmost importance on the political and economic levels and is considered one of the basic laws and regulates the relationship with the center and the region Its legislation has become an urgent and pressing necessity despite its introduction since 2007.”
He added that "the main obstacle facing the legislators of the law is the paragraph on the tasks of the Federal Council and the powers of the region within the council," noting that "there is a desire among the political forces to legislate the oil and gas law in the near future through the return of the joint committees to work in order to prepare a unified draft of the proposed law, with an invitation extended to host the federal oil minister and the minister of natural resources in the region together within the committee "
It is noteworthy that the committees specialized in drafting the oil and gas law include the federal oil minister, the regional minister of natural resources, the general manager of SOMO, and senior staff in the Ministry of Oil, in addition to the oil-producing provinces. Such as Basra, Dhi Qar, Maysan, and Kirkuk. LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI is talking about expansion of money transfers to local new currencies...Mr. Sammy says it's the Jordanian dinar and the Saudi riyal and the Turkey currency and the Chinese yuan. FRANK: None of these countries have ever dealt with Iraq the way they are now because of the program rate. To me it proves we have a new rate or they wouldn't lift a finger to help Iraq.
Nader From The Mid East The thing I saw and made me very happy...When you see the Saudis coming with their money, now we can trade their monies, the UAE and all the Middle East countries, almost. Turkey, Saudis, Kuwait, Qatar. Now we can exchange our dinars with their dinars, durham, riyal, with anything like that. That's very big guys cuz the dollar...yuan Chinese, the euro is already there. Now we have all continental of Europe...Middle East...United States and now it's missing a little bit of Africa and we're done. Other ones like Canada does whatever the United States do. Australia same thing. That made me very happy. That mean soon we'll be in every bank in United States. It will be tradable. If it's tradable it's going to gain a lot of values and quick.
'Mini Depression' Coming: What Happens To Stocks, Bitcoin When Economy Tanks | Chris Vermeulen
David Lin: 12-21-2024
Chris Vermeulen, Chief Market Strategist of The Technical Traders (https://thetechnicaltraders.com/david..., gives his outlook for broad stock markets, Bitcoin, energy stocks, USD, and CAD for 2025.
0:00 - Market recap
0:50 - Bitcoin
11:50 - Stock market outlook
20:33 - Dow Jones’ losing streak
22:48 - Energy stocks
27:38 - 35%-55% pull back in S&P 500
30:20 - USD
33:25 - Gold
35:00 - CAD
37:33 - Peak maximum risk
Seeds of Wisdom RV and Economic Updates Saturday Afternoon 12-21-24
Good Afternoon Dinar Recaps,
NOT BRICS, THIS COUNTRY POSES BIGGEST THREAT TO THE US DOLLAR
The BRICS alliance aims to pull the US dollar down from the global reserve currency and trample its dominance. Despite multiple efforts to uproot the USD, the bloc remains unsuccessful in attempts to de-dollarize.
The greenback remains the dominant currency and a force to reckon with in the forex markets. Around 58% of the world’s reserves are in the USD, and cutting ties with the currency will prove fatal to the prospects of emerging economies.
Good Afternoon Dinar Recaps,
NOT BRICS, THIS COUNTRY POSES BIGGEST THREAT TO THE US DOLLAR
The BRICS alliance aims to pull the US dollar down from the global reserve currency and trample its dominance. Despite multiple efforts to uproot the USD, the bloc remains unsuccessful in attempts to de-dollarize.
The greenback remains the dominant currency and a force to reckon with in the forex markets. Around 58% of the world’s reserves are in the USD, and cutting ties with the currency will prove fatal to the prospects of emerging economies.
The US pressing sanctions on countries of their dislike is what led to the de-dollarization process in the first place. Countries such as Russia, Iran, and Belarus, among others, have been severely impacted by sanctions pressed by the US.
On the other hand, BRICS member China has teamed up with these nations to further the de-dollarization agenda. China is looking to capture the global economy by pushing the Chinese yuan ahead for trade and not the US dollar.
BRICS: US Biggest Threat to the Dollar
A recent Bloomberg opinion report states that the biggest threat to the dollar is not BRICS but the US itself. The report explains that Trump’s threats won’t do much as the USD’s power is mostly dependent on American reliability.
America’s larger-than-life GDP made it gain an “exorbitant privilege” to control the reserves of the world’s central banks. The development made the Federal Reserve, US officials, and politicians tolerate deficits that could have tanked the economies of any other country.
Therefore, the US poses the biggest threat to the dollar compared to BRICS or any other alliances of developing countries. “If Trump wants to maintain the dollar’s primacy, he should recognize that its value is not dependent on American power and threats, but on American reliability.
Overreach — whether through ad hoc sanctions, meddling with the Federal Reserve, unilateral tariffs or geopolitical confrontations — poses a far greater threat to the US currency than anything the BRICS countries could possibly devise,” it read.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
HEDERA (HBAR) GAINS INSTITUTIONAL TRACTION WITH STRONG BACKING FROM TECH GIANTS AND FINANCIAL SECTORS
▪️Hedera’s key partnerships with NVIDIA and Intel aim to leverage its technology for creating “Verifiable Compute,” a hardware-based solution.
▪️Valour Digital Securities Limited (VDSL) and The Hashgraph Group (THG) have introduced the first physically-backed Hedera HBAR Exchange-Traded Product (ETP) on Euronext Amsterdam.
Hedera (HBAR) finds its standing in a majorly leading light as it associates with the traditional finance setting, the enterprise technology sectors, and artificial intelligence. This could potentially lay the groundwork for the network growth curve this year, 2025.
European Markets Register First Physically-Backed Hedera ETP
Valour Digital Securities Limited (VDSL), in partnership with The Hashgraph Group (THG), has launched the first physically-backed Hedera HBAR Exchange-Traded Product (ETP) on Euronext Amsterdam. This is a landmark step toward making HBAR accessible to institutional and retail investors through regulated financial channels.
The product is launched under the prospectus of VDSL, allowing investors to approach HBAR in a depository-regulated manner without facing exposure to direct cryptocurrency investment. Olivier Roussy Newton, CEO of DeFi Technologies, which owns Valour, further adds that “this listing expands the scope for institutional and retail investors to engage with Hedera’s dynamic, sustainable ecosystem.”
NVIDIA and Intel are going to utilize the hashgraph technology offered by Hedera to produce their chips. Along with EQTY Lab, the new “Verifiable Compute” has been born, a hardware-based solution made to meet EU regulations surrounding AI operations, per the CNF report.
This will log the decentralized cryptographic certificates verifying the computations the AI does on the said network, hence accurate and accountable. Slated for 2025 release, this will be providing impenetrable records on AI processes.
What’s Next For HBAR Price?
Santiment has ranked Hedera among the top three cryptocurrencies in terms of activity over the past month, along with Internet Computer and Chainlink. Eric Balchunas and James Seyffart of Bloomberg highlighted that Hedera may lead the list to secure U.S. ETF approval, putting it at the same level as Bitcoin and Ethereum, reported CNF.
One benefit is that the native Hedera token, HBAR, was not classified as a security. In that regard, it stands at an advantage over some others, such as XRP or Solana, in their pursuit through regulatory processes.
Although the main focus remains on combined Bitcoin and Ethereum ETFs, Canary Capital has emerged as the sole applicant for a Hedera ETF. This signals early interest in bringing HBAR into mainstream investment portfolios.
At press time, HBAR price stood at $0.2638, down 10.26% in the last 24 hours. However, the token has gained 113% over the last 30 days and 411% over the last 90 days. Hedera’s critical support level is $0.270. Moreover, it is now eyeing breaking the resistance level of $0.31.
The HBAR price chart highlights a symmetric triangle on the 4-hour timeframe. Thus, Market forecasts suggest that HBAR may target $0.37 and $0.61, with projections hinting at a potential surge to $1.00. Analysts attribute these price targets to:
• Growing institutional interest
• Prospects of ETF approval
• Collaboration with prominent tech firms
• Sustained development activity
• Hedera Receives Recognition for Tokenization Innovation
Moreover, the list of Hedera’s achievements is growing, with analysts predicting the HBAR price rally to $3 by 2025, reported CNF. The team announced on X that its Asset Tokenization Studio has been nominated for the INATBA Awards 2025 in the “Most Exciting Tokenization Solution” category.
@ Newshounds News™
Source: Crypto News Flash
~~~~~~~~~
ISAAC'S LEADERSHIP UNLEASHES FINANCIAL FREEDOM | Youtube
Relax and wait for Isaac to post "VICTORY"!
@ Newshounds News™
Source: Seeds of Wisdom Team RV Currency Facts
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
Some Iraq News Posted by Clare at KTFA 12-21-2024
KTFA:
Clare: The Currency of Iraq: A Comprehensive Guide
Introduction
The Iraqi Dinar (IQD) is the official currency of Iraq, serving as a critical component of the nation's economic infrastructure. For businesses, investors, and speculators alike, understanding the dynamics of the Dinar is essential for navigating Iraq's market.
The exchange rate of the Iraqi Dinar plays a pivotal role in shaping the country's trade and investment environment, influencing everything from the cost of imports and exports to the profitability of foreign investments.
KTFA:
Clare: The Currency of Iraq: A Comprehensive Guide
Introduction
The Iraqi Dinar (IQD) is the official currency of Iraq, serving as a critical component of the nation's economic infrastructure. For businesses, investors, and speculators alike, understanding the dynamics of the Dinar is essential for navigating Iraq's market.
The exchange rate of the Iraqi Dinar plays a pivotal role in shaping the country's trade and investment environment, influencing everything from the cost of imports and exports to the profitability of foreign investments.
Meanwhile, the currency has also garnered significant interest from speculators, who are drawn to the potential-however remote-of significant shifts in its value.
The current official exchange rates for the dinar can be found at the Central Bank of Iraq (CBI) website - https://cbi.iq/.
The Importance of the Exchange Rate for Trade and Investment
The exchange rate of the Iraqi Dinar is a key determinant of the country's economic competitiveness on the global stage. A stable and predictable exchange rate is vital for businesses engaged in international trade, as it impacts the cost of importing goods and services and the profitability of exporting to foreign markets. For foreign investors, the exchange rate is a crucial factor in determining the potential returns on investments in Iraq.
Fluctuations in the Dinar's value can significantly affect the cost of doing business, as well as the repatriation of profits. As such, understanding the factors that influence the Dinar's exchange rate-such as oil prices, political stability, and central bank policies-is essential for making informed business and investment decisions in Iraq.
Interest from Speculators
In recent years, the Iraqi Dinar has attracted attention from a specific group of financial actors: currency speculators. These individuals and entities buy and hold large amounts of Dinar in the hope that its value will appreciate dramatically, allowing them to sell it at a significant profit.
This speculative interest is often fuelled by rumours and theories about an imminent revaluation of the Dinar, despite the lack of credible evidence supporting such a scenario. Speculators are drawn to the high-risk, high-reward nature of currency trading, but it is important to note that such activities are highly speculative and carry substantial risks. LINK
************
Donald Trump and the "Great Iraqi Dinar Revaluation"
21st December 2024 in Iraq Banking & Finance News
By a Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Anecdotal evidence, including inquiries to Iraq Business News, seems to suggest that supporters of US President-elect Donald Trump are more likely to believe that the Iraqi currency, the Dinar (IQD), will increase in value by an unprecedented multiple, some saying by as much as 1,000-fold!
The correlation between being a Trump voter and believing in a significant revaluation of the Iraqi dinar (often called the "dinar RV" theory) is not rigorously studied, but there are social and cultural dynamics that might help explain the connection between the two groups.
The Dinar revaluation theory emerged after the 2003 Iraq War: The basic premise is that the Iraqi Dinar, which traded at around 3 IQD per USD before the 1991 Gulf War but crashed to roughly 1,310 IQD per USD, would suddenly revalue back to its previous rate or even higher. Believers often hold large quantities of physical Dinar notes, sometimes investing tens of thousands of dollars.
The theory's spread among Trump supporters was facilitated by several factors:
The "Global Reset" Narrative:
Many believers connected the Dinar revaluation to a broader theory about Trump leading a massive reorganization of the global financial system
This often tied into QAnon-adjacent beliefs about Trump secretly fighting a "deep state" that was suppressing the Dinar's true value
Some proponents claimed Trump and his team were directly involved in orchestrating a coming revaluation
Social Media Dynamics:
The theory spread rapidly through Facebook groups, YouTube channels, and forums that also shared pro-Trump content
Many of these platforms used similar language about "mainstream media suppression" of both Trump and the "truth" about the Dinar
Currency speculators and scammers actively targeted these communities, recognizing their receptiveness to anti-establishment financial narratives
Political Context:
The theory appealed to a desire for both financial windfall and validation of political beliefs
Some promoters claimed Trump's Middle East policies, particularly regarding Iraq and Saudi Arabia, would trigger the revaluation
The belief often aligned with broader skepticism of traditional financial institutions and expertise
Psychological Factors:
The combination of potential financial reward and political validation created a powerful motivational force
Believers often interpreted skepticism from financial experts as further evidence of a cover-up
The complexity of international currency markets made it easier for promoters to make plausible-sounding but false claims
Investment in the theory often strengthened social bonds within these communities, making it harder to abandon the belief
Despite years of failed predictions, the theory continues to circulate; some believers have modified the timeline but maintain their basic conviction. The persistence of this belief system despite contrary evidence and expert warnings illustrates how financial conspiracy theories can become deeply intertwined with political identity and resistant to contrary evidence. Both Trump supporters and proponents of the dinar revaluation theory often demonstrate a tendency toward belief in conspiracy theories or "hidden truths" that challenge mainstream narratives.
For more information on the Iraqi dinar, check out IBN's Dinar Page here: https://www.iraq-businessnews.com/the-dinar-page/?swcfpc=1 LINK
Clare: Italian Defense Minister arrives in Baghdad
12/21/2024
Italian Defense Minister Guido Crosetto arrived in the capital, Baghdad, on Saturday, on an official visit to Iraq.
The Minister of Defense, Thabet Mohammed Al-Abbasi, received his Italian counterpart and the country's ambassador to Iraq, Nicolo Fontana, and the accompanying delegation at the ministry's headquarters in Baghdad.
An official reception ceremony was held for the guest, during which the national anthems of the Italian and Iraqi republics were played, according to a statement issued by the Iraqi Ministry of Defense.
During the meeting that brought together the two sides, he stressed Italy's efforts and its great role through the Italian experts and trainers present within the NATO mission and their support for Iraq through the training and development courses held for the Ministry of Defense cadres inside and outside Iraq.
During an expanded meeting attended by a number of senior leaders and officers in the ministry, the two parties discussed ways to develop future relations between Iraq and the Italian Republic, in addition to the two countries’ efforts to open avenues of joint cooperation in the future. LINK
************
Clare: Renewing the Iraqi-Japanese partnership with $11 billion in loans for vital projects and development policy
12/21/2024
The United Nations Development Program and the Japan International Cooperation Agency (JICA) office in Iraq renewed their long-standing partnership to promote social and economic development in Iraq through funding from the Government of Japan and JICA.
This partnership, which has spanned more than fifteen years of cooperation with the Government of Iraq, reflects the strong commitment of the United Nations Development Programme and the Government of Japan/JICA to meet Iraq's need for basic services and an efficient, stable and reliable economic infrastructure, according to a JICA report seen by Shafaq News Agency.
He added that this partnership has contributed significantly to human and economic growth in Iraq, in line with Iraq's national development plans and programmes that focus on economic diversification, infrastructure modernisation and improving social services.
In support of reconstruction and development, Iraq has received 36 ODA loans from the Japanese government and the Japan International Cooperation Agency, totaling about US$11 billion. These loans include 34 loans for vital sector projects and two development policy loans.
This development assistance aims to support Iraq in achieving its sustainable development goals, with a focus on improving living conditions nationwide and restoring infrastructure to promote inclusive growth.
“JICA remains committed to addressing development challenges with the Government of Iraq through this impactful partnership with UNDP. This partnership provides comprehensive support to Iraqi officials to achieve international standards in project management, combining technical expertise, capacity development and development finance. All of this aims to improve livelihoods and promote sustainable development in the country,” said Hiroshi Suzuki, Chief Representative of JICA in Iraq. Under this renewed partnership agreement, and in line with the Iraq National Development Plan 2024-2028, UNDP continues to provide critical support to the Government of Iraq to facilitate the smooth implementation of key socio-economic projects financed by JICA ODA loans. This support includes coordination at senior level, fiduciary supervision, progress monitoring, technical assistance, knowledge sharing and capacity development. Furthermore, by enhancing transparency, accountability and adherence to international standards, the partnership ensures the successful implementation of these vital projects.
“This renewed partnership between UNDP and JICA highlights our shared commitment to supporting Iraq’s development goals, with a focus on infrastructure development, sustainable economic growth and human capital. Together, we aim to facilitate the successful implementation of vital projects that will not only rebuild Iraq’s infrastructure, but also enhance long-term socio-economic resilience and improve the lives of Iraqis across the country,” said UNDP Resident Representative in Iraq, Auke Lootsma.
This unique and renewed partnership underscores the benefits of effective trilateral cooperation in promoting prosperity, driving sustainable growth, and improving service delivery and infrastructure for a stable and prosperous Iraq. It also highlights the strong ownership by the Government of Iraq and serves as a model for impactful and sustainable partnerships that can contribute to long-term development in Iraq. LINK
“Tidbits From TNT” Saturday 12-21-2024
TNT:
Tishwash: The region .. great efforts to attract investment companies
The Kurdistan Region Investment Board seeks to increase the number of local and foreign investors to work in the provinces and cities of the region, by providing full facilities to motivate and encourage them to increase the volume of investment.
Private sector growth
The head of the Kurdistan Region Investment Board, Mohammed Shukri, said in an interview with “Sabah”: The board, through its eight directorates spread across the provinces and independent administrations in the region, is seriously and diligently seeking to provide full facilities to investors and increase the volume of investments and the number of local, Arab and foreign investors and increase the work of projects by the private sector in the region, indicating that the regional government has invested more than 68 billion dollars, of which Erbil’s share amounted to more than 61 percent.
TNT:
Tishwash: The region .. great efforts to attract investment companies
The Kurdistan Region Investment Board seeks to increase the number of local and foreign investors to work in the provinces and cities of the region, by providing full facilities to motivate and encourage them to increase the volume of investment.
Private sector growth
The head of the Kurdistan Region Investment Board, Mohammed Shukri, said in an interview with “Sabah”: The board, through its eight directorates spread across the provinces and independent administrations in the region, is seriously and diligently seeking to provide full facilities to investors and increase the volume of investments and the number of local, Arab and foreign investors and increase the work of projects by the private sector in the region, indicating that the regional government has invested more than 68 billion dollars, of which Erbil’s share amounted to more than 61 percent.
Statistics and figures
Shukri added that since the establishment of the Investment Board in the region, more than 1,400 investment licenses have been granted, some of which were cancelled due to shortcomings in the work of their investors, while work continued with more than 1,250 investment licenses, noting that during the past five years, approximately 430 new investment licenses have been issued.
He pointed out that significant progress and qualitative steps have been made in the comprehensive investment process in establishing a strong economic infrastructure despite the crises and obstacles that have plagued the country and the region in general, stressing that intensive efforts are continuing to encourage investors according to the needs of the regions and the importance of the projects. Encouraging
investors
Shukri stated that the regional government seeks to facilitate the procedures for attracting investors, as eight branches of the authority have been opened in the governorates and independent administrations of the region and have full powers to grant investment licenses to investors, considering it a basic and primary step to provide facilities according to the city, region, geographical location and sector that needs investment and work in it.
Government privileges
The head of the Kurdistan Investment Board pointed out that the regional government has given great privileges to investors, including a 10-year tax exemption through the investment law, to which additional years are added if the investor is a foreigner or a partner of a local investor, as well as providing privileges and facilities to the less developed areas in the region according to the decision of the regional council of ministers, noting that the challenges facing investors, including local ones, are great, and we consider them a wealth for the region, as they have contributed with the support of the government to many large and pioneering projects, overcoming obstacles and impediments, and moving forward in various sectors, including agriculture, industry, tourism, trade, housing, services, education, health, and others.
The qualifications of the region,
and he pointed out that the Kurdistan Region encourages and provides facilities to investors more than other countries in the region through a package of privileges and incentives included in the Investment Law No. 4 of 2006 in the region, in addition to other facilities provided by the Supreme Investment Council, including the favorable conditions that the Kurdistan Region enjoys for foreign investors, such as political stability, cultural pluralism, democracy and security, stressing that these conditions make the Kurdistan Region more attractive to investors among many countries in the region. link
************
Tishwash: Fluctuating Dinar: economic experts urge action as dollar soars in Iraq
Iraq’s dinar continues its erratic trajectory against the US dollar, with no resolution in sight despite years of governmental and central bank efforts, experts attributed the instability to weak policies and unchecked market manipulation.
Root Causes of Volatility
The dollar is surging against the dinar at Baghdad’s main currency exchanges, Al-Kifah and Al-Harithiya, surpassing 1,510 dinars per $1. On the streets, exchange shops are marking up selling prices to more than 1,520 dinars.
“The instability in dollar prices reflects the Iraqi Central Bank and government’s inadequate monetary policies, which fail to address the core of the issue,” said Mustafa Faraj, an economic expert. “Their hesitant measures have left them unable to control the dollar’s value.”
Faraj cited US sanctions on neighboring Syria and Iran as a major factor. “The lack of legitimate trade channels with these countries, combined with restrictions on dollar transfers to them, has led to dollar smuggling, driving up its price,” he told Shafaq News Agency.
“When the dollar rises, it pushes up the cost of basic goods, food, and even commercial activity. This cascade of price hikes stems from a failure to find comprehensive solutions and punish manipulators,” Faraj explained.
Emerging Pressures
New dynamics have exacerbated the crisis. Ahmed Eid, an economic researcher, linked heightened demand for dollars to the fallout from the conflict in Syria. “The shift in Syria has disrupted the interests of militia leaders and influential figures, many of whom are now stockpiling dollars to secure alternative income streams,” he said.
Eid pointed to the closure of Syria’s border with Iraq as a catalyst, forcing traders to seek new suppliers in countries like Turkiye and Egypt. “This transition requires substantial dollar liquidity, which further squeezes the market,” he said.
Currency smuggling and money laundering also continue to erode market stability. “These illicit activities persist unchecked, compounding the dollar’s rise,” Eid warned.
Future Uncertainty Amid Policy Shifts
Concerns are mounting about the impact of Iraq’s planned phase-out of its electronic transfer platform for dollar transactions. Introduced in early 2023, the platform was designed to monitor transfers more effectively. However, the Iraqi Central Bank announced in September that it would be discontinued by year-end.
“The Central Bank’s plan to shift dollar transactions exclusively to foreign banks with correspondent relationships is a blow to local banks,” said economist Ahmed Abdul Rabih. “Four dominant banks will monopolize the sector, sidelining smaller institutions and creating a bottleneck for dollar supply.”
“These banks will dictate the exchange rate, likely driving up prices. The Central Bank must advocate for local banks to establish accounts with international institutions like J.P. Morgan and Citibank,” Abdul Rabih urged.
Reassurances from the Central Bank
In response to public concerns, the Iraqi Central Bank has downplayed fears of major disruptions.
In a statement, it described the transition as part of a phased strategy to align with international standards, emphasizing that 95% of transfers had already shifted from the platform to direct banking relationships.
“The transition will be completed gradually, ensuring continuity,” the bank stated, adding that partnerships with foreign banks in China, India, Turkiye, and the UAE would facilitate trade using non-dollar currencies, such as the yuan and euro.
Thirteen Iraqi banks have already begun operations under the new framework, offering pre-approved transfers and enabling global payment systems for personal and commercial needs, the statement said. These steps aim to “stabilize the currency and curb inflation, reinforcing official exchange rates as the benchmark for legitimate economic activities.”
“The official rate reflects real market dynamics,” the Central Bank stressed, warning against unofficial rates driven by “those engaging in unauthorized practices.”
The bank emphasized that it has structured external transfer operations and the fulfillment of dollar demand along proper channels, aligned with international practices, standards, and the Anti-Money Laundering and Counter-Terrorism Financing Law.
"Providing these channels for all purposes at the official dollar exchange rate makes this rate the true benchmark for economic practices, as evidenced by price stability and inflation control. Any other rate traded outside these channels is considered irregular and utilized by those engaging in non-compliant or illicit practices who avoid official channels in their dealings. These individuals bear the additional costs of purchasing at higher rates than the official price to create the illusion of a disparity between the official and unofficial rates." The statement concluded.
Despite reassurances, skepticism lingers among economic experts, who argue that without stricter enforcement and comprehensive reforms, the dinar’s fluctuations will persist. For many Iraqis, the cost of living remains tightly bound to the fate of the dollar. link
************
Tishwash: Three senior US officials arrive in Damascus to meet with leaders of the new administration in Syria
The US State Department announced today, Friday, that US diplomats have arrived in Syria to meet with the new Syrian administration, in the first official US diplomatic mission sent to Damascus since the beginning of the revolution that erupted in 2011.
The United States had closed its embassy in Syria in 2012, and withdrew all its diplomatic staff, against the backdrop of the events that the country witnessed at that time.
According to the US State Department spokesman, the US diplomats will meet with representatives of "Hay'at Tahrir al-Sham" and civil society to discuss "their vision for the future of their country and how the United States can support them."
He pointed out that the delegation includes Assistant Secretary of State for Near Eastern Affairs Barbara Leaf, and a diplomat specializing in the Arab world, Daniel Rubinstein, who is now responsible for communicating with Syria.
Roger Carstens, who is responsible for collecting evidence regarding missing Americans in Syria, such as journalist Austin Tice, who was kidnapped in August 2012, will also be present.
The visit comes at a time when Western governments are gradually opening channels of communication with Hay'at Tahrir al-Sham and its official Ahmed al-Sharaa, and discussing the possibility of removing the organization from the list of terrorist organizations.
Before the United States, France, Germany, the United Kingdom and the United Nations sent envoys to establish relations with the transitional authorities, whose first phase of governance is being watched with caution.
Earlier, US Secretary of State Anthony Blinken stated that Washington is following the positive statements issued by Hayat Tahrir al-Sham and wants to see concrete steps as well.
He said in a statement to the American Bloomberg News that removing the name of the organization from the "terrorist list" could be put on the agenda, based on the constructive steps it will take during the transitional process in Syria.
He added: "We heard positive statements from the leader of the organization, Mr. Abu Muhammad al-Julani, but what everyone is focusing on is the reality on the ground, and whether they are working to build an inclusive Syria." link
Mot.. Time to Bring them Out It Is!!!
Mot: .. I'll Tell Ya - Its Getting Tough Out there!!!!
Weekend Chat With MarkZ 12-21-2024
Weekend Chat With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Gooood morning Mark, Mods are fellow Patriots!
Member: Happy Winter solstice
MZ: CBD Guru’s join for the first 45 minutes of the show today and then we dive into news.
Weekend Chat With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Gooood morning Mark, Mods are fellow Patriots!
Member: Happy Winter solstice
MZ: CBD Guru’s join for the first 45 minutes of the show today and then we dive into news.
Member: Hearing any good news Mark?
MZ: I had a couple check-ins with rumors/expectations for the Fines and Penalties (CMKX, Prosperity Packages ect) going possibly as early as Sunday…late tomorrow afternoon…..but sometime throughout next week is the plan .
Member: I wonder , does CMKX goes right before we go or at the same time?
MZ: The bond people are very upbeat. I cannot wait until I can conclusively say I have friends with money.
MZ: Redemption folks are working this weekend. They may just be closing out their wealth management for the year…
Member: What are your gut feelings about notifications going out?
MZ: I have so many people telling me they could go out late tomorrow…..I feel it could go out anytime between now and the first.
MZ: “Central Bank of Iraq: Sales exceed over one billion dollars last week” Still getting dinar off the streets.
MZ: “Did non-oil revenue contribute to Iraq’s budget?” Heck yeah it did
Member: Nader and MilitiaMan are excited
MZ: They should be.
Matt from CBD Guru’s: May I add a little intel? When I went to the bank I always go to(Wells Fargo) in Minnesota …there used to be 4 seats for the waiting area …they have now beefed it up to 24 chairs and put these big screens on the wall for “education” for older people is what they told me. Then they made more booths –doubled them where people sit with a banker. The glass on the booths used to be about 2 feet high but now it goes up 8-9 feet high and sound proofed . It has never been busy…..rarely saw people waiting…..and they went from 2 ATM’s to 5 now. And the people in the teller area seem to have tripled.
MZ: I see these changes and I get excited.
Member: Thank you Matt for that story… made my day
Member: Sounds like a Wealth Management Center to exchange to me ?
Member: I was in a wells bank yesterday here in Colorado, and I seen pretty much the same thing in their remodel, and the openness
Member: Credit Union Teller & Staff Giddy with Installation of New ATM & New Money, said They Can't Wait:)
Member: They did that to my citizens bank and they took out the drive up window…
Member: US Bank near me took out their safe deposit boxes and made a new private entrance and some very secure cubicles with a door.
Member: They've done the same at my Chase branch. Closed the drive-thru so you must go inside. Lots of employees.
Member: Maybe- The rainbow currency is about to come out, and they're ready for currency exchange and wealth management.
Member: Monday is the anniversary of the big crash in the 30s. Would be a good day to crash and rv!
Member: Thanks MarkZ for Your Show on Saturday & Boosting Morale Sir:)
Member: Everyone have an awesome weekend and keep those prayers going and fingers crossed!!
Member: I pray that we have the BEST Christmas EVER!!!!
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Seeds of Wisdom RV and Economic Updates Saturday Morning 12-21-24
Good Morning Dinar Recaps,
SEC APPROVES FIRST-EVER BITCOIN & ETHEREUM COMBO ETFS
▪️These new ETFs are unique because they combine Bitcoin and Ethereum, offering investors diversified exposure to the two largest cryptos.
▪️By simplifying the investment process and reducing the perceived risks, these ETFs aim to make crypto investing more accessible.
▪️The SEC's approval of these ETFs signifies a significant step forward for the crypto industry.
Good Morning Dinar Recaps,
SEC APPROVES FIRST-EVER BITCOIN & ETHEREUM COMBO ETFS
▪️These new ETFs are unique because they combine Bitcoin and Ethereum, offering investors diversified exposure to the two largest cryptos.
▪️By simplifying the investment process and reducing the perceived risks, these ETFs aim to make crypto investing more accessible.
▪️The SEC's approval of these ETFs signifies a significant step forward for the crypto industry.
The U.S. Securities and Exchange Commission (SEC) has just made a groundbreaking move in the crypto world. It has approved two new exchange-traded funds (ETFs)—the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF—and they are unlike anything we’ve seen before.
These ETFs combine the power of both Bitcoin and Ethereum into a single investment, making it easier for everyday investors to tap into the world of digital currencies.
But what makes these ETFs so special, and why is the SEC’s approval a big deal? Let’s understand.
What Makes These ETFs Different?
While crypto ETFs are already on the market, these two stand out. Instead of focusing just on Bitcoin or Ethereum, they mix both. The share of each cryptocurrency is based on its market value, giving investors a balanced exposure to both.
Why is this important? Putting all your money into one cryptocurrency can feel risky, especially with how volatile the market can be. By holding both Bitcoin and Ethereum, these ETFs help spread out the risk and let investors take advantage of the strengths of each cryptocurrency.
A Simpler Way to Get Into Crypto
For many, buying Bitcoin or Ethereum directly can be intimidating. These ETFs make it easier by taking away the need to manage wallets or store digital assets on your own. This makes crypto investments more accessible, particularly for people who are new to the space or don’t want the hassle of managing their own assets.
A Major Milestone for Crypto Regulation
The SEC’s approval of these ETFs is a big moment, not only for the crypto industry but for regulators too. It shows that the SEC is taking the market more seriously and is open to more crypto-based financial products.
So, why were these ETFs approved? A key reason is the strong connection between Bitcoin and Ethereum futures and their spot prices. This link helps keep prices stable and reduces the chances of market manipulation, which is important for investors looking for safer options.
Setting Strict Standards for Investors
Both funds have agreements with the Chicago Mercantile Exchange (CME) to closely track trading activity, ensuring everything stays above board. The SEC’s approval shows that these ETFs meet high standards for security and transparency, giving investors more confidence.
What’s Next for Crypto ETFs?
The approval of these ETFs could open the door to even more creative investment options in the future. By combining Bitcoin and Ethereum, these ETFs offer a streamlined way to enter the crypto market. They take away the complexities of buying, storing, and managing digital assets, making it easier for people to get involved.
Looking ahead, there’s a possibility that other cryptocurrencies could be added to similar ETFs, expanding the market even further. But for now, these Bitcoin-Ethereum combos are a significant step forward.
If you’ve been waiting for an easier way to get into crypto without all the complications, these ETFs might be exactly what you’ve been looking for.
FAQs
How do the new crypto ETFs differ from others?
These ETFs blend Bitcoin and Ethereum, offering balanced exposure to both, reducing risk compared to investing in a single cryptocurrency.
Are these crypto ETFs safe for new investors?
Yes, these ETFs are designed to be safer by tracking Bitcoin and Ethereum futures, offering simpler, less risky exposure to crypto investments.
@ Newshounds News™
Source: CoinPedia
~~~~~~~~~
GERMANY FINALLY PASSES LEGISLATION NEEDED FOR FULL CRYPTO MICAR IMPLEMENTATION
A month ago we wrote that the collapse of the German government coalition was creating problems with implementing the EU’s cryptocurrency regulation MiCA, because it had failed to pass legislation.
However, on Wednesday the German parliament (Bundestag) finally passed the bill, the Digitalization of Financial Markets Act (Finanzmarktdigitalisierungsgesetz of FinmadiG). Apparently, it was added to the agenda at short notice. Parliament responded to industry requests to ensure the legislation was in place before MiCAR comes fully into force on December 30.
FinmadiG isn’t only about crypto and MiCAR as it also impacts other EU laws such as DORA and the Transfer of Funds Regulation. However, for MiCAR it introduced the Supervision of Crypto Markets Act (KMAG), the piece of legislation that supplants Germany’s old crypto rules with MiCAR.
Technically MiCAR is a regulation, so it does not require local laws. However, legislation was required to designate BaFin as the regulator. Without that, BaFin could not award licenses. That would have allowed EU firms with crypto licenses from other countries to operate in Germany, but German firms would not have been able to operate in the EU.
Additionally, MiCAR has grandfathering clauses allowing firms with existing licenses to continue to operate for up to 18 months, with each jurisdiction deciding on the transition period. The new German legislation specifies a year.
Different EU MiCAR transition periods
However, this week the European regulator ESMA noted that the varying transition periods mean crypto asset service providers (CASPs) need to get new authorizations under MiCAR sooner rather than later.
For example, if a German CASP doesn’t have a new license by July 2025, they cannot operate in EU countries that have imposed a six month transition period. That includes Latvia, Hungary, Netherlands, Poland, Slovenia and Finland. Lithuania’s transition is five months, and four jurisdictions had not specified the timing when ESMA published its note.
We believe ESMA may have been responding to a letter from the Electronic Money Association (EMA) and three EU crypto trade bodies. They highlighted that the latest regulatory technical standards for licensing were only endorsed by the European Commission at the end of October. That doesn’t give national authorities much time to adopt them or for CASPs to apply.
@ Newshounds News™
Source: Ledger Insights
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
Argentina Vs. USA – A Prescription For Curation
Argentina Vs. USA – A Prescription For Curation
The Final Wake-Up Call By Peter B Meyer December 20, 2024
The Wrong Medicine
The doctors were called, the patient was very sick, but not life-threatening. They unanimously diagnosed too much debt as the cause of the illness and described restructuring instead of reviving his bloodstream economy.
Then came Father Peron, who didn’t believe the doctors. So he called in his own team of specialists, and their diagnosis was that only a strong blood infusion of fiat money would be the best remedy for a quick recovery and revival of this patient.
Argentina Vs. USA – A Prescription For Curation
The Final Wake-Up Call By Peter B Meyer December 20, 2024
The Wrong Medicine
The doctors were called, the patient was very sick, but not life-threatening. They unanimously diagnosed too much debt as the cause of the illness and described restructuring instead of reviving his bloodstream economy.
Then came Father Peron, who didn’t believe the doctors. So he called in his own team of specialists, and their diagnosis was that only a strong blood infusion of fiat money would be the best remedy for a quick recovery and revival of this patient.
These specialists, against the opinion of a minority of well-trained, logical doctors, caused the wrong medicine to be prescribed and administered to the patient, named Peso.
The infusion of taxpayers’ money poured trillions of pesos into the system of the already haemorrhaging patient, guaranteeing its salvation and avoiding the collapse of its payment system, which would otherwise have caused a depression, as was seriously considered.
Argentina Was Once One Of The Richest Countries In The World.
Back in time, as the 1800s drew to a close and the world moved into the 20th century full of innovation and optimism, there was perhaps nowhere on the planet, apart from the United States, more admired and envied than Argentina.
Indeed, like America in the late 1800s and early 1900s, Argentina was teeming with immigrants from all over the world seeking a better life in this land of opportunity.
Argentina was already a rich country. And it was getting richer so fast that its economic growth even outstripped that of the United States.
By 1900, Argentina’s economy was bigger than the rest of Latin America put together, and about the size of all of Western Europe put together. There seemed to be nowhere to go but up.
It was also rich in natural resources, from fresh water to some of the world’s most fertile soil and vast oil and gas reserves. Argentina should have been unstoppable. It still is;
Argentina has one of the largest shale reserves in the world and has quadrupled its production in the last five years.
You’d have to work really, really hard to screw up that kind of wealth potential. And they did!
Stupid Centralization
For much of the 20th century, Argentina slipped into severe economic decline and remained so for decades, largely due to corrupt, excessive, outrageously irresponsible government spending and idiotic central planning.
Hyperinflation set in, the banking system collapsed and the economy was mired in a prolonged depression.
First budget surplus since the golden years of the early 1900s
When the new chainsaw-wielding president, Javier Milei, took power last year, he promised to change everything. And so far, the results are hard to argue with.
This year, Milei announced that Argentina had just run a budget surplus – its FIRST surplus since the golden years of the early 1900s.
That’s no accident. Milei has abolished entire government departments, fired ministers and drastically reduced the size and scope of government.
In his announcement, Milei didn’t hold back, calling his predecessors “fiscal degenerates” for ballooning the national debt and running massive deficits. These deficits, of course, were largely financed by the Argentine central bank, which printed all the money and created inflation.
Milei said that just last year his predecessor printed enough money to equal about 13% of Argentina’s GDP. Well, if printing 13% of GDP qualifies as fiscal degeneracy, then the Federal Reserve in the United States is guilty of the same thing, but TWICE.
The first time was in 2009, during the global financial crisis. Under then chairman Ben Bernanke, the Federal Reserve created trillions of dollars of new money, about 15% of GDP, to bail out the big Wall Street banks.
The second time was during the pandemic in 2020 and 2021, when the Fed printed around 14% of GDP.
This reckless money printing has not only caused historic inflation in the US, but has also created enormous problems for the Federal Reserve itself. The Fed is now wildly and hopelessly insolvent.
And this isn’t some wild conspiracy theory; it’s a fact straight from its own financial statements.
Here’s how it happened
Going back to 2008, and especially during the 2020-2021 pandemic, the Fed created trillions of dollars and then used that money to buy government bonds. At the same time, it cut interest rates to zero. The net result was that the Fed now holds trillions of dollars of bonds at the lowest yields in history.
But then, in 2022, they suddenly reversed course and rapidly raised interest rates from 0% to more than 5%.
Well, if there’s one thing you need to understand about bonds, it’s that higher interest rates cause bond prices to fall. So when the Fed raised rates, it also caused the value of its bond portfolio to plummet. And “plummet” is a rather polite way of putting it.
As it stands today, the Fed faces net unrealised losses of $818.4 billion on all the bonds it bought during the pandemic, far more than the mere $44 billion it has in equity.
According to its own financial statements, the Federal Reserve is literally insolvent.
In fact, at nearly $1 trillion, the Fed is the most insolvent bank in the history of the world.
Talk about fiscal degeneration
Now the Fed has only a few options:
One, ignore the problem. Continue to pretend that the insolvency of the world’s largest and most systemically important central bank is no big deal.
Two, Ask For A Bailout: Go To The Treasury, Hat In Hand.
The problem is that the Treasury doesn’t have any money; in fact, the US government is already overspending by $2 trillion a year and has to borrow most of that money from the Fed.
So a bailout would require the Fed to print money, lend it to the Treasury, and then the Treasury would lend it back to the Fed. Talk about bizarre.
The Third Way Is To Lower Interest Rates
Lower rates mean that the value of the Fed’s bond portfolio will rise, reducing the Fed’s near-trillion-dollar insolvency. But lowering rates would only invite more inflation.
Inflation is already creeping back. Just last week, the latest report showed an increase in the inflation rate, with signs that it will continue to rise. Yet the Fed has all but promised to cut rates again next week.
What’s clear is that the Fed is abdicating its responsibility to rein in inflation and maintain a sound currency. Instead, it’s inflating its way out of insolvency. The result?
Every single person who uses US dollars will end up bailing out the Federal Reserve through higher inflation.
And that is why real assets like gold and silver are an excellent inflation hedge, which makes so much sense, especially with so many high quality real asset producers selling at ridiculously low valuations.
All this contrasts with Argentina, where Javier Gerardo Milei has scored a major victory for his country, which has already emerged from a recession brought on by public spending cuts and is now growing at a dramatic 3.9%.
The country’s stock market is up 174% this year. Monthly inflation has fallen from 25% to less than 3%.
First El Salvador, now Argentina: where courageous right-wing leaders do what progressive elites say ‘cannot be done’, where each immediately and dramatically improves their country’s economic finances.
Think about it and draw your own conclusions!
Javier Gerardo Milei (born 22 October 1970) is an Argentine economist and politician. President of Argentina since 2023.
https://en.wikipedia.org/wiki/Javier_Milei
https://finalwakeupcall.info/en/2024/12/20/argentina-vs-usa-a-prescription-for-curation/
News, Rumors and Opinions Saturday AM 12-21-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 21 Dec. 2024
Compiled Sat. 21 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Thurs. 19 Dec. 2024 Bruce, The Big Call: All day Fri., Sat, Sun, Mon and Tues until noon, Redemption Center Staff are scheduled to work. They have Christmas off and go back to work the day after Christmas. In the first ten days of Jan. 2025 R&R, increase of SS, NESARA, GESARA (allegedly) kicks in. We could be notified overnight tonight or Friday morning 20 Dec.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 21 Dec. 2024
Compiled Sat. 21 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Thurs. 19 Dec. 2024 Bruce, The Big Call: All day Fri., Sat, Sun, Mon and Tues until noon, Redemption Center Staff are scheduled to work. They have Christmas off and go back to work the day after Christmas. In the first ten days of Jan. 2025 R&R, increase of SS, NESARA, GESARA (allegedly) kicks in. We could be notified overnight tonight or Friday morning 20 Dec.
Fri. 20 Dec. 2024 TNT: A guy had 150 million Dinar. 50 million of it (allegedly) brought $28.50/Dinar. The other 100 million Dinar (allegedly) brought him $7.xx. First 50 million Dong (allegedly) got him $12/Dong. The remainder got him (allegedly) $3.50. ZIM paid out 22 cents per million ZIM. For parking a large part of that money with the bank, he received a 5 year/ 25% per year interest rate. (allegedly)
Fri. 20 Dec. 2024 Wolverine: The platforms are closing down right now. It looks like we are crossing the finish line. Have a beautiful, beautiful day. It’s all (allegedly) coming before Christmas.
On Tues. 17 Dec. 2024 Ripple USD Stablecoin (RLUSD) launched, the Iraqi Dinar was (allegedly) being paid out at it’s (allegedly) new revalued rate of just under $8.00 in-country (the international rate has not yet stabilized on the Forex and wouldn’t be until Mon. 23 Dec); Rumors swirled that the Vietnamese Dong has followed suit and XRP went live.
~~~~~~~~~~~~~
Fri. 20 Dec. NESARA & QFS Plan: The Process of RV Redemption Started …JFK Jr. on Telegram
Dive into the exclusive insights of the NESARA & QFS Plan. Discover the RV Redemption process, the importance of NDA signatures, and strategic post-redemption planning. Inside the exclusive world of Redemption Centers, this is crucial for those navigating the significant financial reset changes.
Redemption Centers offer significantly higher exchange and redemption rates. Here, you also (allegedly) receive Quantum technology devices like QPhones, QLaptops, as well as access to Quantum Accounts and Rainbow Currency.
Exclusive Redemption Center Benefits: Approved Templates for Humanitarian Initiatives, courtesy of Susan Price and endorsed by Ben Carson. Access to exclusive resources, including the highly sought-after Redemption Guide—freely available and pinned for easy access on my Twitter-X profile.
Understanding the 4 R’s: Reclamation, Restitution/Reparation, and Redemption:
RECLAMATION: Focuses on restoring things to a better state. It’s about taking back what the Deepstate and the corrupt financial systems have stolen from us.
RESTITUTION/REPARATION: Deals with compensating for wrongful losses through financial remunerations, applicable across taxes, loans, and bonds linked to personal documents.
REDEMPTION: Involves exchanging currencies and ZIM Bonds at higher rates for personal and humanitarian use. This process reflects the economic salvation and moral rectification efforts underway.
Eligibility and Potential Payouts:
Groups range from 24 to 60+ years, with lump-sum payouts and structured monthly payments, based on prior agreements and ongoing economic evaluations.
The Redemption Process: Engage directly with Redemption Centers to convert currencies and ZIM Bonds. Complete necessary NDAs to ensure the integrity and confidentiality of the redemption process.
Key Advice: Read and re-read all documents thoroughly to understand your rights and responsibilities throughout this transformative journey.
Conclusion: The RV redemption process is shrouded in secrecy but stands as a beacon of financial reformation. It transcends traditional banking systems, offering a path to financial stability and philanthropic opportunities. Embrace this journey with knowledge and caution, recognizing the pivotal role you play in the broader financial ecosystem.
Read full post here: https://dinarchronicles.com/2024/12/21/restored-republic-via-a-gcr-update-as-of-december-21-2024/
*************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick The IQD is being introduced to its basket members. These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket. Why is it that this basket is the next chapter in our study? Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The CBI shut down 49 more companies. They were those that were the ones who were doing money laundering and that should be the final 5% that they've been talking to us about everyday. All day we hear from the IMF praising Iraq and even Sudani talking about us being stable and strong. It's all over here in Iraq. It looks like this all saying we are about to go international. FRANK: That is the key. That is the next step. Once we go international you won't need me no more. You are about to go with a new exchange rate, God willing.
Stocks Plummet Amid Insider Selling | John Rubino
Liberty and Finance: 12-20-2024
John Rubino discusses the current financial and geopolitical landscape, highlighting concerns about stock market overvaluation, rising government debt, and the possibility of a major financial crisis.
He emphasizes that equities are overpriced and signals like corporate insider selling and inflationary pressures indicate an impending market correction.
Rubino warns that escalating global tensions, particularly the proxy war in Ukraine, could lead to catastrophic consequences, including nuclear risk and further economic instability.
He suggests preparing for these challenges by investing in real assets, such as gold, silver, farmland, and energy stocks.
Despite the bleak outlook, Rubino advises maintaining balance and taking breaks from overwhelming news cycles to preserve mental well-being.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Insiders dumping stocks
9:57 Crises before Trump's inauguration
16:00 Monetary crisis
21:30 A new monetary system
24:30 Preparedness