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

Seeds of Wisdom RV and Economic Updates Tuesday Evening 1-7-25

Good Evening Dinar Recaps,

RIPPLE CAPS RLUSD SUPPLY AT 53.1M: WHAT’S DRIVING THE MOVE?

▪️Ripple’s deliberate pacing of RLUSD issuance reflects a commitment to regulatory compliance and long-term ecosystem stability.

▪️Ripple CEO Brad Garlinghouse expressed confidence in the incoming Trump administration’s potential to boost crypto innovation and job growth.

Good Evening Dinar Recaps,

RIPPLE CAPS RLUSD SUPPLY AT 53.1M: WHAT’S DRIVING THE MOVE?

▪️Ripple’s deliberate pacing of RLUSD issuance reflects a commitment to regulatory compliance and long-term ecosystem stability.

▪️Ripple CEO Brad Garlinghouse expressed confidence in the incoming Trump administration’s potential to boost crypto innovation and job growth.

Ripple’s launch of RLUSD stablecoin has stirred strong market sentimentthereby giving the blockchain startup a strong footing in the rapidly evolving stablecoin marketHoweverthe firm has introduced a 53.1 million supply cap on the RLUSD circulationsparking curiosity about the company’s strategy.

In a thread on the X platform, popular crypto analyst Arthur noted that Ripple is making the controlled release of RLUSD stablecoin in order to preserve its value. As a result, the company is consciously curbing over-supply, which could otherwise lead to inflation and negatively impact market sentiment.

Ripple to Balnace RLUSD Supply and Demand to Prevent Inflation

Ripple seems to be exercising caution with RLUSD’s supply and holding off from issuing more tokens until market conditions indicate stronger demand. If they release too much RLUSD supplyit could increase the token’s perceived value and disrupt the balance of supply and demand.

This strategy underscores Ripple’s focus on ensuring RLUSD’s value remains sustainable and aligned with genuine market needsBy avoiding additional releases, the company aims to position RLUSD as a stable and reliable asset for both institutional and retail investors, noted Arthur.

It seems that Ripple is working to build a strong foundation that can drive the long-term value of RLUSD stablecoin, reported CNF. In the meantime, the company also plans for higher-order goals like exploring new markets and fostering partnerships while strengthening the stability of its broader ecosystem.

Regulatory hurdles may also influence the pace at which RLUSD is issued. By adopting a cautious yet deliberate approach, the company ensures compliance with regulations while positioning itself for potentially unprecedented future growth.

Brad Garlinghouse Hopeful Under Donald Trump’s Leadership

Ripple CEO Brad Garlinghouse stated that he remains hopeful as Donald Trump sets to take charge as US President ahead this month on January 20, reported CNF. In his message on the X platform, he wrote:

2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler’s SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.

He also said that Ripple has signed more US deals in the last six weeks of 2024, after Donald Trump’s US election victory. Garlinghouse highlighted the proactive efforts of key figures like Scott Bessent, David Sacks, and Paul Atkins, who are poised to play significant roles in shaping U.S. economic policy.

“Team Trump is already driving innovation and job growth in the U.S., and they haven’t even taken office yet!” Garlinghouse notedHe added that the administration’s campaign and planned Day 1 priorities already contribute to a resurgence of interest and confidence in the crypto space.

@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

BRICS TO KEEP DITCHING THE US DOLLAR IN 2025: ALLIANCE CONFIRMS

On the heels of immense threats from the West and geopolitical concerns brewing, the BRICS economic alliance appears to remain steadfast in its commitment to ditching the US dollar in 2025. Indeed, the collective has seemingly confirmed the matter, as recent discussion pointed to their belief in de-dollarization as a certain necessity.

US President-elect Donald Trump has been outspoken in his defense of the greenbackThroughout this campaign for reelection, he continually reiterated the importance of keeping the dollar as the world’s currency. After his victory, he issued a warning to BRICS specifically, threatening 100% tariffs on the bloc seeking to create their own dollar alternative.

BRICS to Keep Ditching the US Dollar Despite Trump Threats And There’s One Key Reason Why

The last year has seen the BRICS economic alliance continue their notable ascent. Once just a five-nation collective, the group phase doubled in size with its most recent expansion. Moreover, it has big plans for the global economic market that have seen the West take an undeniably favorable stance.

Although Trump has warned of impending repercussionsthe BRICS bloc has reiterated that they are likely to keep ditching the US dollar in 2025 through a recent confirmationIndeedthe group discussed the reality that de-dollarization is a necessity so long as the United States continues doing one thing.

In a recent statement, former International Monetary Fund director and Brazilian economist Paulo Nogueira Batista Jr. discussed the fact that sanctions are driving the bloc’s actions. Batista spoke to Russian President Vladimir Putin directly and relayed the foundation of its financial actions as an alliance.

“We are not against the dollar. It is the dollar that is against us,” he said in a recent interview. “Cahellengin the dollar and the US economy would not be possible, and in any case, it’s not our objective. The BRICS will serve to make us immune to sanction.”

So long as the United States continues sanctioning nations like Russia and Iranthe BRICS bloc is unlikely to shift on its de-dollarization approachesHoweverthat has not stopped dissension within the group from forming.

India has recently spoken about its desire to work with the incoming Trump regimeMoreover, the president-elect stated that he has been in direct contact with ChinaSpecificallyhinting at the country taking a similarly collaborative approach.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

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This Is What You Call A Win/Win Deal. US Steel Wins. Nippon Steel Wins. America Wins. Japan Wins

This Is What You Call A Win/Win Deal. US Steel Wins. Nippon Steel Wins. America Wins. Japan Wins

Notes From the Field By James Hickman / Simon Black January 7, 2025

The year was 1901, and it was pretty much a who’s who of American business and finance at the time. Andrew Carnegie. JP Morgan. Charles M. Schwab. Elbert Gary (namesake of the city Gary, Indiana).

It would be as if Elon Musk, Billy Gates, and Carl Icahn all got together on a new venture. It would be pretty much guaranteed to be a big deal. Those early 20th century titans formed what would become the world’s largest and most important company in that era— US Steel.

This Is What You Call A Win/Win Deal. US Steel Wins. Nippon Steel Wins. America Wins. Japan Wins

Notes From the Field By James Hickman / Simon Black  January 7, 2025

The year was 1901, and it was pretty much a who’s who of American business and finance at the time. Andrew Carnegie. JP Morgan. Charles M. Schwab. Elbert Gary (namesake of the city Gary, Indiana).

It would be as if Elon Musk, Billy Gates, and Carl Icahn all got together on a new venture. It would be pretty much guaranteed to be a big deal. Those early 20th century titans formed what would become the world’s largest and most important company in that era— US Steel.

This was a period of history in which the United States was growing by leaps and bounds. Entire cities were built from nothing. Rail was being feverishly laid across the country. New buildings and skyscrapers were going up in major cities.

And steel made it all possible. In 1901 it was the most vital commodity in the world, far more important than oil. And US Steel dominated the market; they had— by far— the best quality, the most efficient production, the most reliable distribution.

But that was more than a century ago.

Today US Steel is barely alive. It loses more than a billion dollars each year in negative Free Cash Flow, and it has only managed to survive by issuing a mountain of debt.

Now, it would be easy to blame US Steel’s problems on competition with rising, low-cost manufacturing superpowers like China and India (whose nations boast the world’s #1 and #2 steel producers respectively).

But that’s a far too simplified (and frankly incorrect) explanation. The US economy— including the steel manufacturing industry— is far more productive than India or China. Way more.

China’s Baowu Steel Group is the world’s largest steel company by production volume, with an annual output of more than 130 million metric tons. But with nearly 400,000 employees, the Chinese firm’s steel production per employee is less than HALF of what a US Steel worker can produce.

So, US Steel is still able to out-produce its Chinese competitors.

Cost is obviously a factor; US workers are clearly more expensive. But a far greater issue is all the wasteful political bureaucracy. The unions. The endless regulations and permitting. The parade of government inspectors. And most of all, politicians who deliberately hurt the company for political points.

The latter failure now belongs squarely to Joe Biden, who recently went out of his way to destroy any hope of US Steel resurrecting its former greatness.

It started in late 2023, when Japan’s largest producer, Nippon Steel, made an offer to buy US Steel. Nippon made a pretty sweet offer— $55 per share, a premium of almost 60% above US Steel’s stock price at the time.

On top of that, Nippon pledged to invest billions of dollars into US Steel to revitalize its factories and upgrade production capacity. They promised to honor all union contracts. They committed to support any national security related export controls.

This is what you call a win/win deal. US Steel wins. Nippon Steel wins. America wins. Japan (one of America’s closest allies) wins. Win/win. That’s what capitalism is all about.

TO READ MORE:  https://www.schiffsovereign.com/trends/two-weeks-before-leaving-office-joe-biden-fks-america-again-151935/

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FRANK26….1-7-25…..TRANSFERS NOT AUCTIONS

KTFA

Tuesday Night Conference Call

FRANK26….1-7-25…..TRANSFERS NOT AUCTIONS

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#

KTFA

Tuesday Night Conference Call

FRANK26….1-7-25…..TRANSFERS NOT AUCTIONS

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=IX3zBlthPag

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More News, Rumors and Opinions Tuesday PM 1-7-2025

Florida may go back to the gold standard

Florida Chief Financial Officer Jimmy Patronis has announced a new initiative to explore the feasibility of using gold and silver bullion as legal tender in the state.

Patronis revealed that his office is launching a study to determine how gold and silver could serve as a legal method for Floridians to purchase goods and services. While these precious metals are widely bought as investments, they currently cannot be used for transactions.

At present, 11 states, including Louisiana, Texas, South Carolina, and West Virginia, allow gold and silver to be used as legal tender. Patronis expressed his intention to add Florida to this growing list.

Florida may go back to the gold standard

Florida Chief Financial Officer Jimmy Patronis has announced a new initiative to explore the feasibility of using gold and silver bullion as legal tender in the state.

Patronis revealed that his office is launching a study to determine how gold and silver could serve as a legal method for Floridians to purchase goods and services. While these precious metals are widely bought as investments, they currently cannot be used for transactions.

At present, 11 states, including Louisiana, Texas, South Carolina, and West Virginia, allow gold and silver to be used as legal tender. Patronis expressed his intention to add Florida to this growing list.

In a statement, Patronis's office described the study as a "major first step" toward adopting gold and silver as an alternative to the U.S. dollar. The statement also noted that such an initiative could help mitigate the "devastating" effects of inflation.

“This is an exciting initiative that has the potential for enormous growth in our state,” Patronis said. “Gold and silver have been trusted assets for thousands of years, and it makes perfect sense to use them as legal tender. I’m launching this study to determine the best way to get it done.”

In addition to addressing inflation, Patronis highlighted specific tax-exempt benefits that would accompany the use of gold and silver:

Gold and silver bullion would not be taxed as personal property.

Purchasing or selling gold and silver would not incur state tax liability.

Exchanging U.S. dollars for gold or silver would not result in state tax liability.

Historically, the U.S. dollar was backed by gold under the "gold standard," a practice that ended nationwide in 1933. The U.S. government ceased exchanging dollars for gold in 1971.

Utah became the first state to reintroduce gold and silver coins as alternative legal tender by passing legislation in 2011. Since then, 10 additional states have followed suit, and Florida could be next in line to embrace this financial alternative.

Previously perceived as a long-term, subtle issue, inflation is now recognized in everyday life. People are struggling to pay rent, with little left over at the end of the month, while grocery prices have doubled and food packaging has shrunk.

This growing awareness has heightened interest in alternatives to the current fiat system. 

While we are all optimistic about the coming administration, the damages of decades of financial and economic mismanagement are becoming more apparent. People are increasingly feeling the effects of inflation. More importantly, they are increasingly feeling the value of gold. It is that one asset has a global value, across generations, regardless of the country’s economic condition. 

The trend toward gold is not a fleeting phenomenon but a continuation of a 50-year movement. During this period, the U.S. dollar has lost over 99 percent of its value. Gold, on the other hand, gold has gone up 1446.67% since, more than beating inflation. 

That’s why even investors are recognizing this trend. Billionaire investor Ray Dalio, for instance, has encouraged investors to shift focus toward “hard money” such as gold. Similarly, Blackrock’s 2025 global outlook advises investors to consider gold and Bitcoin, citing the division of the world into competing economic blocs and a shift in reserves away from the U.S. dollar and into gold.  LINK

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

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
The feel on the streets we citizens know a new rate is coming!  Everything is pointing to to this!  FRANK:  I agree with you.  I can feel the rumbling of the earthquake that will bring you your monetary reform, purchasing power.  Things are getting very exciting...

Militia Man    The next step is to do global transactions against other currencies in dinar and other foreign currencies.  They will become similar to foreign currency in International terms.  I don't believe it's going to be at 1320 for the dollar.  It will not work as a REER.  From today, banks are closed and will not open in Iraq until next week...Monday is a national holiday, Army Day...It definitely looks like a timed mechanism in many ways.

Major Red Flags: Americans Can't Afford Homes, Consumer Debt Is Suring as Delinquencies Rise

Lena Petrova:  1-7-2024

https://www.youtube.com/watch?v=zj_G6ods3PE

WE ARE BEING THRUST DIRECTLY INTO A NEW DARK AGE. Updates... TROUBLE IN THE DEBT MARKET.

Greg Mannarino:  1-7-2025

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

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We’re on the Verge of a Huge Collapse

We’re on the Verge of a Huge Collapse

Liberty and Finance:  1-6-2024

Veteran market analyst Chris Vermeulen has reiterated his bearish outlook for the stock market, warning of a potential major correction in a recent discussion with Liberty and Finance.

Vermeulen’s prediction comes as the market grapples with key technical levels across various asset classes, suggesting a possible market top.

We’re on the Verge of a Huge Collapse

Liberty and Finance:  1-6-2024

Veteran market analyst Chris Vermeulen has reiterated his bearish outlook for the stock market, warning of a potential major correction in a recent discussion with Liberty and Finance.

Vermeulen’s prediction comes as the market grapples with key technical levels across various asset classes, suggesting a possible market top.

Vermeulen highlighted that January’s market performance often sets the tone for the entire year, and the current signals point towards a significant downturn. He emphasized the importance of closely watching these early indicators, as they can provide valuable insight into market direction.

While acknowledging the current bullish sentiment, Vermeulen cautioned that these highs are unsustainable. He anticipates a period of intense selling pressure across all sectors, potentially triggered by forced liquidations and margin calls.

Vermeulen believes that following this initial panic, these assets will experience strong reversals. Specifically, he is particularly bullish on gold in the long term, predicting a potential price target of $3,500 per ounce. Silver and Bitcoin could also see significant gains once the market stabilizes and the fear dissipates.

Despite the ominous forecast, Vermeulen urged investors to view this potential downturn as an opportunity rather than a cause for panic. He encourages them to prepare a strategy to “buy the dip” and acquire assets at lower prices.

He concluded by advising investors to be patient, stay focused on long-term goals, and not be swayed by short-term market noise. By adopting a strategic approach, investors can navigate the upcoming turbulence and emerge stronger on the other side.

https://youtu.be/C11ylP044AM

 

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Iraq Economic News and Points to Ponder Tuesday Afternoon 1-6-25

The Dollar Rises Again In The Iraqi Markets With The Closing Of The Stock Exchange

Economy    01/07/2025   Mawazine News – The US dollar prices witnessed a slight increase today, Tuesday, in the markets of the capital Baghdad and Erbil, the capital of the Kurdistan Region, with the closure of the main stock exchange in the country.

The dollar prices rose with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 151,000 dinars per 100 dollars, compared to 150,900 dinars this morning.

The Dollar Rises Again In The Iraqi Markets With The Closing Of The Stock Exchange

Economy    01/07/2025   Mawazine News – The US dollar prices witnessed a slight increase today, Tuesday, in the markets of the capital Baghdad and Erbil, the capital of the Kurdistan Region, with the closure of the main stock exchange in the country.

The dollar prices rose with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 151,000 dinars per 100 dollars, compared to 150,900 dinars this morning.

As for the selling prices in the local exchange markets in Baghdad, they stabilized, as the selling price reached 152,000 dinars per 100 dollars, while the purchase price reached 150,000 dinars per 100 dollars.

In Erbil, the dollar also recorded a slight increase, as the selling price reached 150,800 dinars per 100 dollars, while the purchase price reached 150,700 dinars per 100 US dollars. https://www.mawazin.net/Details.aspx?jimare=258308

Gold Prices Stabilize In Baghdad

Stock Exchange  Economy News – Baghdad   The prices of "foreign and Iraqi" gold stabilized in the local markets in the capital, Baghdad, today, Tuesday (January 7, 2025).

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 556 thousand dinars, and a purchase price of 552 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 526 thousand dinars, and the purchase price was 522 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 560,000 and 570,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 530,000 and 540,000 dinars.   https://economy-news.net/content.php?id=51693

Oil Prices Fall As Dollar Rises

Economy |  01/07/2025  Mawazine News - Follow-up   Oil prices extended losses for a second straight session on Tuesday, weighed down by a stronger dollar and expectations of ample supply.

Brent crude futures fell 28 cents, or 0.37 percent, to $76.02 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 33 cents, or 0.45 percent, to settle at $73.23.

Both benchmarks rose for five straight days last week, and settled at their highest since October on Friday, partly on expectations of more fiscal stimulus to revive China’s economy. https://www.mawazin.net/Details.aspx?jimare=258286

Iraqi Stock Exchange Witnesses A 9% Increase During The First Hours

Stock Exchange  Economy News – Baghdad  The Iraqi Stock Exchange opened today, Tuesday, the first morning session in the year 2025, with an increase of 9.13%.

This increase is due to the improvement in the general situation, in addition to the increase in demand for the shares of the Baghdad and Al-Ahly Banks after the cancellation of the dollar platform by the Central Bank of Iraq.

In the first hour, the stock exchange traded more than 275 million shares, worth more than 400 million dinars, through the conclusion of more than 200 deals.

The Baghdad Bank share achieved a growth of 1.42%, reaching 4.3 dinars, the National Bank of Iraq share by 2.4%, reaching 3.85%, and the Pepsi Baghdad share by 0.94%.

Al-Maamoura Real Estate Company’s stock suffered a loss of about 7%, due to the corrective wave, after the increase in demand for it during the past few days, due to obtaining a permit to build a residential complex in the Ghazaliya area.   https://economy-news.net/content.php?id=51694

Iraq Stock Exchange Lists Third Issue Of Injaz Bonds For Trading

Stock Exchange   Economy News – Baghdad   The Iraq Stock Exchange decided to list the third issue of Injaz bonds for trading in the market.

In October 2024, the Ministry of Finance announced the third issuance of achievement bonds worth 1.3 trillion dinars, with an interest rate of 6.5% for the 500,000 category and 8.5% for the one million dinar category.

The Iraq Stock Exchange said that the third issue of Injaz bonds was listed on the bond platform, and will be traded with a percentage change in the price determined, up or down by 5% of the calculated price of the bond on the same day. The market set the commission of financial brokerage companies at one thousand dinars or a commission rate of 0.003%.   https://economy-news.net/content.php?id=51696

Government Communication Announces The Start Of Monitoring The Electronic Payment System (POS) In Pharmacies

Money and business  Economy News – Baghdad   The Government Communication Team announced, on Tuesday, the start of following up on the electronic payment system (POS) in pharmacies, while confirming that 17,000 pharmacies are obligated to the system.

Adnan Al-Arabi, Deputy Head of the Government Communication Team, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "based on the directives of Prime Minister Mohammed Shia Al-Sudani to enhance the culture of electronic payment, the Government Communication Team held several meetings with the Minister of Health and the Pharmacists Syndicate, during which it was agreed to introduce the electronic payment system (POS) in pharmacies, which number about 17,000 pharmacies, and January 1, 2025 was also set as the final date for implementing this system in all pharmacies."

He added that "the government communication began, in cooperation with the Ministry of Health, the Control Department and the Pharmacists Syndicate, to follow up on the pharmacies' implementation of the electronic payment system."

He pointed out that "the Central Bank of Iraq and companies providing electronic payment services are part of these efforts, along with the Pharmacists Syndicate, which will work to urge pharmacies and oblige them to use payment devices," noting that "citizens will not be forced to use payment cards, but in pharmacies the matter has become mandatory, with the placement of a clear sticker to announce the availability of a (POS) device to receive payments via electronic cards."
https://economy-news.net/content.php?id=51708

Al-Mashhadani Discusses Developments In The Region With The US Chargé d'Affaires

Political | 03:42 - 01/07/2025   Mawazine News – Baghdad  Parliament Speaker Mahmoud Al-Mashhadani discussed, on Tuesday, strengthening relations between Iraq and the United States within the framework of common interests, stressing the need to continue dialogue and cooperation to support Iraq's stability and continue efforts to confront political and economic challenges.

A statement from Al-Mashhadani's office received by "Mawazine News" stated that "the Parliament Speaker received the Chargé d'Affaires of the US Embassy in Baghdad, Elizabeth Trudeau, in the presence of the Director of the Political Section at the Embassy, ​​Michelle Siders, and discussed with him the general situation in Iraq, ways to enhance cooperation and existing partnership between the two countries, and affirmed the United States' support for Iraq in various fields, in a way that enhances stability and development in the country."

The statement indicated that "the meeting discussed a number of topics of common interest, including developments in the regional situation in the region and their effects on the Iraqi arena https://www.mawazin.net/Details.aspx?jimare=258299

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

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Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 1-7-25

Good Afternoon Dinar Recaps,

BRICS NEWS:  BRICS MAKES HUGE ANNOUNCEMENT ON COMMON CURRENCY

The BRICS alliance is working towards the formation of a common currency for trade settlements to sideline the US dollarRussian Deputy Foreign MinisterSergey Ryabkov confirmed that the currency is on the table and will be a reality soon. He explained that the bloc is working on payment-clearing mechanisms, which will also include insurance systems for goods and cargo.

He stressed that the BRICS common currency is real and will be unveiled to the world becoming an alternative option to the US dollar. “Not only it existsIt is not hypothetical, Ryabkov said during a press conference when asked if the currency is a real idea.

Good Afternoon Dinar Recaps,

BRICS NEWS:  BRICS MAKES HUGE ANNOUNCEMENT ON COMMON CURRENCY

The BRICS alliance is working towards the formation of a common currency for trade settlements to sideline the US dollarRussian Deputy Foreign MinisterSergey Ryabkov confirmed that the currency is on the table and will be a reality soon. He explained that the bloc is working on payment-clearing mechanisms, which will also include insurance systems for goods and cargo.

He stressed that the BRICS common currency is real and will be unveiled to the world becoming an alternative option to the US dollar. “Not only it existsIt is not hypothetical, Ryabkov said during a press conference when asked if the currency is a real idea.

BRICS Common Currency Will Include Safety Features

The Russian diplomat revealed that the BRICS common currency will include a variety of options to safeguard its users

The safety mechanisms includeclearing mechanismsinsurance systemsand insurance for the movement of goods and cargoamong other featuresThings have moved forward and a real alternative to the US dollar has emerged through the BRICS common currency.

Ryabkov said that once the BRICS common currency is launched, other developing countries will begin settling cross-border transactions with it. “Moreover, the others would join as well. This plan is now on the table and that will be implemented is not a pattern for dollar substitution in all settlements.

It is a pattern for creating an additional circuit for work in conditions when the main and well-known to all dollar channel is failing for reasons beyond the control of BRICS.”

“I would like to add: that the financial pattern as such for all its importance is not enough for the system to function properly. We also need clearing mechanisms, we are also working on them – transaction insurance systems, including insurance for the movement of goods and cargoes, which would also not depend on harmful external influences,” the Deputy Foreign Minister noted on the BRICS common currency.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

RIPPLE WELCOMES 1.7 MILLION NEWLY MINTED RLUSD AHEAD OF BIG DEVELOPMENT

On-chain data shows that Ripple has minted big new RLUSD batchwhile almost 7 million were transferred

Data shared by the Ripple Stablecoin Tracker account shows that blockchain behemoth Ripple has created another large chunk of its new product — Ripple USD stablecoin

This continuation of the RLUSD minting spree has taken place ahead of a major development that is expected to happen later this month.

In the meantime, the same data source has spotted that almost 7 million of these stablecoins have been transferred over the past 24 hours.

Ripple mints millions of RLUSD, 6.7 million moved Ripple Stablecoin Tracker revealed that roughly 16 hours ago, Ripple Treasury minted an impressive stablecoin chunk of 1,790,000 RLUSD.

This amount of RLUSD was created on the Ethereum chain. Previously, when the product was in a private beta, Ripple announced that it intended to use two chains for launching the stablecoin — XRP Ledger and Ethereum chain

On Jan. 3, as covered by U.Today, Ripple also minted a new batch of 600,000 RLUSDAfter that minting took placethe aforesaid data source revealed that during the past 24 hoursapproximately 6.7 million RLUSD were transferred in total.

According to the details provided by Etherscanapproximately 1.5 million were moved by major cryptocurrency exchange BitstampA total of 500,000 RLUSD were transferred by RippleThe rest of the 6.7 million RLUSD mentioned above were shoveled by anonymous whales to unidentified blockchain wallets

Later this monthRipple giant is to release an attestation reportwhich will unveil the composition of the backing assetsSo farRipple has issued a little less than $80 million RLUSDhaving approximately $83 million in reserve to back this stablecoin

Ripple previously announced that its RLUSD would be audited by independent auditors and promised to release the first attestation report within 30 days of the stablecoin's public launch.

Ripple owns $100 billion in XRP and not going public In a recent interviewRipple CEO Brad Garlinghouse revealed that the amount of XRP tokens owned by Ripple at the moment surpasses the $100 billion equivalentHe said that it was important when talking about the company valuationThe CEO believes that it is far higher than the $11 billion figure that was reported by Reuters at the start of 2024BesidesGarlinghouse refuted speculation that Ripple intends to conduct an IPOadding that this was never a priority.

@ Newshounds News™

Source:  U Today

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Q & A Classroom Link  

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Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

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

“Coffee With MarkZ” Tuesday Morning Chat 1-7-2024

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

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Good Morning Mark and the gang!

Member: Any good news today Mark?

MZ: It’s been an exciting morning…..

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

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Good Morning Mark and the gang!

Member: Any good news today Mark?

MZ: It’s been an exciting morning…..Been proving and disproving pictures of lower denoms. Some are posted by trolls….some are pictures from other countries and some may be legitimate.  We have been “vetting” this morning. We have disproved some of them…..

MZ: There is a good chance one of my Iraqi contacts will be sharing pictures of the new Iraq $20 note today . We do not want to get folks hopes up falsely. So doing more vetting today. The conversation in Iraq is small denominations /notes. Why would they release small notes unless there is a value change?

MZ: Bond updates have been coming around 2-3 in the afternoon lately. Hopefully we have something fun to tell you tonight. I had 2 bond contacts yesterday who are looking to have their final contracts paid on or before the 10th.

Member: Mike Bara said yesterday he has been told just now bonds do not have to go liquid before we get notifications. Could that just mean we won’t hear about it because it’ll be so close?

Member: Or we wont hear about bonds because they are NDA’s…

Member: So no bond news??? What happened to Indian nations????

MZ: No news from Indian Nations.

Member: Anything on CMKX?

MZ: Nothing new but I think this is where we will get a big break in news this week.

Member: Any word on smaller notes for the VND dong?

MZ: There are rumors and we are trying to confirm ….Maybe I will have something by tomorrow morning . I am trying to vet info from Vietnam today.

Member: I am very sad there is no RV news.

Member: It’s the calm before the storm.

Member: I believe it’s all done and waiting for the go to flip the switch!

Member: I still think we have to wait until after the inauguration for a gold backed currency in the US….the QFS to start and the RV. Would be happy to be wrong though.

Mark had a guest come on with a Public Service announcement on Tax programs and a Visa Mastercard settlement for small businesses…..ect….

MZ: Now here’s some news from Iraq. “More than $275 million in the bank sales of foreign remittances” They are still selling some currency – and I was told is part of the de-dollarization in Iraq.

MZ: “Iraq Stock Exchange lists the third issue of Enjax trading bonds” These are Sovereign bonds.  This is targeted for the small invester…not the big guys.

MZ: “Iraq Stock exchange witnesses a 9% during early hours” they are dominating and so far this has been a good year for them.  

MZ: “Special: Iran gives Sudanese a green light to act on the future of the factions” Iran will no longer arm factions inside Iraq. This is a major shift towards stability for Iraq. Sudani will be traveling to Iran tomorrow.

MZ: This also means the Iranian currency may be coming out of some of its sanctions. The Iranian rial may be in play again.

Member: Who’s ready to quit jobs and do something they love instead of the same monotonous job

Member: Many of the great achievements of the world were accomplished by tired and discouraged men who kept on working.

Member: Everyone. Have a wonderful and blessed day.

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

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

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=c9cqcEj_7rc

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

News, Rumors and Opinions Tuesday 1-7-2024

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 Tues. 7 Jan. 2025

Compiled Tues. 7 Jan. 2025 12:01 am EST by Judy Byington

Mon. 6 Jan. 2025 Operation Phoenix Hits It’s Peak, JFK Jr. on Telegram:

Starlink Tests Complete, GESARA Wealth Transfer and QFS Ready for the 48-Hour January 2025 Wealth Redistribution Event!

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 Tues. 7 Jan. 2025

Compiled Tues. 7 Jan. 2025 12:01 am EST by Judy Byington

Mon. 6 Jan. 2025 Operation Phoenix Hits It’s Peak, JFK Jr. on Telegram:

Starlink Tests Complete, GESARA Wealth Transfer and QFS Ready for the 48-Hour January 2025 Wealth Redistribution Event!

The climax of Operation Phoenix is upon us. By January 4, 2025, it became evident that we’re part of the most significant financial liberation in history. Trump’s triumph in the 2024 election set the stage for the global rollout of the GESARA framework, heralding a new era of transparency and wealth distribution.

January 2025: The Turning Point This month marks monumental updates: Trump’s alliances have propelled the largest asset recovery and wealth redistribution initiative in history. The crumbling of the old financial order paves the way for a new, people-powered economic structure.

Innovations in Security and Access The Quantum Financial System (QFS) has introduced Quantum Resonance Verification (QRV) to prevent deepstate interference, using harmonic DNA frequencies for flawless identity verification. Additionally, Redemption Centers are now powered by Quantum Energy Nodes (QENs), ensuring they operate off-grid and free from sabotage.

Quantum Vaults and Global Prosperity The Quantum Vaults have amassed over $10 trillion in assets, slated for redistribution under GESARA. The new Global Prosperity Index (GPI) will track and ensure equitable distribution, replacing GDP as the measure of economic success.

The January 2025 Wealth Transfer: A New Beginning On January 25, 2025, the first phase of the wealth redistribution will officially commence, directly benefiting millions and marking the start of real community rebuilding efforts.

The Great Awakening: A New Era With the old guard’s power dissolving, humanity is ascending from the shadows of financial oppression. Under new leadership, the QFS and GESARA are not just reforms; they are the bedrock of a future where prosperity is the norm, not the exception. The upcoming EBS event will unveil truths that will redefine our world. Get ready for the largest wealth redistribution ever witnessed. The revolution is now, and it is irreversible.

On Mon. 6 Jan. 2025 the official Global Launch of Funds took place around the world, marking the start of the Global Registered Asset Redemption Program.

~~~~~~~~~~~~~~~

The US Treasury payment instructions for payment steps are as follows:

First Phase:
1 German Gold Bonds of 1924
2 Zimbabwe Agricultural Checks
3 Yellow Dragons and Phoenixes

Second Phase:
1 Blue Dollar Package
2 Cash Boxes 9 Treaty of Versailles
3 Complete Mother Boxes
4 Chinese Red Dragons

Third Phase:
1 Superpetchilis from 1913 (RAILWAYS)
2 Chinese Agricultural Bonds
3 Other high value coins from Zimbabwe
4 Other Federal Reserve and Mini Chains all.

~~~~~~~~~~~~~

Mon. 6 Jan. 2025 NESARA GESARA BOMBSHELL: …David Wilcock on Telegram

Debt Forgiveness – A Total Financial Reset! All your debts? WIPED OUT! Mortgages, loans, credit card debt—gone! This isn’t a favor; this is justice for decades of financial chaos.

Tax Liberation – The IRS is about to be SMASHED! Say goodbye to the income tax nightmare! NESARA brings in a 14% flat tax on non-essential goods, cutting off the government’s greedy hands from your paycheck!

The Federal Reserve—GAME OVER! The Fed is about to be dismantled. A new, Treasury-backed “Rainbow Currency” will replace the worthless paper dollars, backed by gold, silver, and platinum!

Financial Privacy Restored – NESARA ends the constant surveillance on your finances. No more government control over your money—it’s yours, and yours alone!

Humanitarian Projects – NESARA is launching global humanitarian efforts, with funding that will transform lives worldwide. This is about more than survival, it’s about abundance for all!

Restitution and Redemption – The elites’ stolen wealth will be returned to the people. NESARA will right the wrongs of the past, with restitution for unconstitutional acts and unjust debt.

NESARA GESARA isn’t just a policy—it’s a global reset that will destroy the old world order and give power back to the people. The 30+1 provisions are the blueprint for a global revolution. Are you ready for the explosion?

Read full post here:  https://dinarchronicles.com/2025/01/07/restored-republic-via-a-gcr-update-as-of-january-7-2025/

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

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

Sandy Ingram    Vietnam is entering a phase of strong and steady growth...Experts believe Vietnam's economy will grow a lot in 2025, somewhere between 6.5% to 8%...Their exciting predictions are backed by several things including a recovering real estate market, people spending more money and the government putting a lot of money into infrastructure...

Frank26 
Remember that picture Alaq was holding up with the big board [of 1940 1 dinar note]...That is an old picture from 2017 [article]...If you go back and read it, it told the Iraqi citizens they the CBI was starting a mechanism to add value, purchasing power, to their currency.  [Now] they showed that same picture from the archives to tell Iraqi citizens they are done, what they started in 2017 they have finished in '24.  They are done and we are now going to introduce the lower notes and a new exchange rate.  That's why you [Iraqi citizens] are being given [exchange 3-zero note] instructions today...

LIVE! Fed. WARNS OF "STOCK MARKET STEEP DECLINE." JP MORGAN WARNS OF "DOLLAR DEBASEMENT."

Greg Mannarino :  1-6-2024

https://www.youtube.com/watch?v=ZRKfQTEeZn4

How Argentina May Become the Freest Country on Earth - Mike Maloney & Alan Hibbard (Part 1)

1-6-2024

In this eye-opening deep dive, we explore Argentina’s astounding economic turnaround after one year under President Javier Milei. Discover how a country once stuck near the bottom of the global economic freedom index is now climbing rapidly, thanks to bold reforms and fiscal discipline that few thought possible.

Hear about the direct correlation between economic liberty and human flourishing—longer lifespans, higher incomes, and happier lives.

We break down the surprising data, the policies that sparked this revolution, and what the rest of the world can learn from Argentina’s unprecedented shift.

https://www.youtube.com/watch?v=BvM-mgJVwF4

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

Seeds of Wisdom RV and Economic Updates Tuesday Morning 1-7-25

Good Morning Dinar Recaps,

JUST-IN: US CFTC CHAIR ROSTIN BEHNAM TO DEPART ON JANUARY 20

US CFTC Chair Rostin Behnam is reportedly stepping down from his role on January 20, the same date when Donald Trump will sworn in for the Presidential Chair.

▪️US CFTC Chair Rostin Behnam is reportedly stepping down from his role this month.

▪️He is scheduled to depart on January 20, the same date when US SEC Chair Gary Gensler will also step down.

▪️Although no specific reasons are confirmed, speculations soar over a potential change under Trump Administration.

Good Morning Dinar Recaps,

JUST-IN: US CFTC CHAIR ROSTIN BEHNAM TO DEPART ON JANUARY 20

US CFTC Chair (Commodity Futures Trading Commission) Rostin Behnam is reportedly stepping down from his role on January 20, the same date when Donald Trump will sworn in for the Presidential Chair.

▪️US CFTC Chair Rostin Behnam is reportedly stepping down from his role this month.

▪️He is scheduled to depart on January 20, the same date when US SEC Chair Gary Gensler will also step down.

▪️Although no specific reasons are confirmed, speculations soar over a potential change under Trump Administration.

Rostin Behnam, the Chair of the US CFTC, has announced to step down from his post effective January 20, 2025. Interestingly, that is when Donald Trump is scheduled to take over the US Presidential office once his inauguration concludes. While Rostin has not mentioned any specific reason behind stepping down from the post, speculations soar over a change in the horizon.

US CFTC Chair Rostin Behnam To Step Down On January 20

The US CFTC Chair Rostin Behnam is reportedly stepping down from his position on January 20. According to a Reuters report, Behnam is scheduled to exit on the same date as Trump’s inauguration. Interestingly, the US SEC Chair Gary Gensler has also announced his departure on the same date.

@ Newshounds News™

Source:  CoinGape

~~~~~~~~~

KAMALA HARRIS CERTIFIES DONALD TRUMP AS NEXT U.S. PRESIDENT, AVOIDING 2021 CHAOS

▪️Kamala Harris officially certifies Trump as 2024 U.S. presidential election winner.

▪️Unlike 2021’s chaos, this years certification process was calm and without any major issues.

▪️Former VP Mike Pence praised Harris for leading a peaceful transfer of power.


In a historic announcement, Vice President Kamala Harris officially certified the results of the 2024 U.S. presidential election. Donald Trump, who supports crypto, is now set to become the next president, with J.D. Vance as vice president. This peaceful announcement was very different from the chaos of January 6, 2021, when the Capitol faced violence during the last certification.

Harris Announces Trump’s Victory

During the certification, Harris, in her role as president of the Senate, declared Trump as the winner with 312 Electoral College votes, surpassing the required 270. She secured 226 votes.

Harris ended her statement by highlighting the importance of the constitutional process that confirmed Trump’s presidency. She said, “This announcement is a sufficient declaration of the elected president and vice president of the United States, starting their term on January 20, 2025.”

Despite losing the election to Trump, Harris maintained a composed look, fulfilling her constitutional duty in front of an energized Republican audience. Meanwhile, her announcement was met with cheers and applause from Republicans.

Previous Certifies Election, Erupted In Chaos


The last time when the U.S. Congress met to certify a presidential election, things turned violent. On January 6, 2021, a group of rioters, fueled by false claims that the 2020 election was stolen from Trump, stormed the Capitol.

They broke windows, fought with police, entered the House chamber, and damaged offices, including then-Speaker Nancy Pelosi’s.

Since that day, over 1,500 individuals have been charged for their roles in the attack. Interestingly, Trump has pledged to pardon many of them once he takes office for his second term as president.

Peaceful Transfer of Power

Unlike the 2021 certification process, which was marred by violence and delays, this year’s proceedings were orderly. Former Vice President Mike Pence, who presided over the 2021 session under immense pressure, praised the peaceful transition.

In a recent tweet post, Pence congratulated Trump and Vance, calling the peaceful transfer of power “a hallmark of our democracy.”

He also commended Harris for her role, stating, “It’s particularly admirable that Vice President Harris presided over the certification of an election she lost.”

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

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

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Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

4 Savvy Money Moves My Rich and Poor Clients Have in Common

I’m a Financial Advisor: 4 Savvy Money Moves My Rich and Poor Clients Have in Common

October 21, 2024 by  Cindy Lamothe

With their lavish vacations, enormous homes and successful careers — it can seem as if the wealthy have a playbook of rules only they can access.  But as it turns out, any of us can make the same money moves and reap the benefits.

GOBankingRates spoke with Abid Salahi, finance expert and cofounder of FinlyWealth, to discuss the savvy money strategies both his rich and poor clients have in common.

“I’ve worked with clients across various wealth levels and observed some common savvy money moves that transcend income brackets,” he said.

I’m a Financial Advisor: 4 Savvy Money Moves My Rich and Poor Clients Have in Common

October 21, 2024 by  Cindy Lamothe

With their lavish vacations, enormous homes and successful careers — it can seem as if the wealthy have a playbook of rules only they can access.  But as it turns out, any of us can make the same money moves and reap the benefits.

GOBankingRates spoke with Abid Salahi, finance expert and cofounder of FinlyWealth, to discuss the savvy money strategies both his rich and poor clients have in common.

“I’ve worked with clients across various wealth levels and observed some common savvy money moves that transcend income brackets,” he said.

Read below to learn more of his experiences working with the rich.

Stick To Budgeting

“One strategy I’ve noticed among my most financially adept clients, regardless of their net worth, is their commitment to budgeting,” Salahi said. “They track their expenses meticulously and allocate their income purposefully.” 

He said this habit helps them make informed decisions about their spending and savings, allowing them to progress toward their financial goals more effectively.

“For instance, I have a client who started with modest means but has now built significant wealth. She attributes her success to the budgeting habit she developed early on,” he explained. “‘I’ve always lived below my means,'” she told me. ‘Even as my income grew, I maintained the same lifestyle and funneled the extra money into investments.’

“It’s amazing how quickly wealth can accumulate when disciplined about spending,” Salahi added.

Focus On Continuous Education

Another common trait among Salahi’s savvy clients is their focus on continuous financial education. 

“They stay informed about market trends, tax laws, and personal finance strategies,” he said. 

TO READ MORE:  https://www.gobankingrates.com/money/financial-planning/financial-advisor-savvy-money-moves-my-rich-and-poor-clients-have-in-common/?hyperlink_type=dynamic

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