Dinar Recaps Blog Page — Dinar Recaps (2024)

Dinar Recaps Blog Page — Dinar Recaps (1)

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Iraq Economic News and Points To Ponder Wednesday Evening 6-19-24

Parliamentary Finance: Iraq Needs To Be Liberated From Oil Power In The Field Of Revenues

June 12, 2024 Baghdad/Iraq Observer Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed that although Iraq possesses all the elements that enable it to advance its economy and liberate itself from oil power in the field of revenues, it lacks unity of decision and vision in the field of directing the economy to its correct destination.

Al-Kadhimi told Iraq Observer, “There is a major imbalance in the Iraqi economy.

If we continue to rely on oil as the country’s sole resource, as approximately 90% of the country’s revenues are derived from it, then this dependence is not guaranteed, given that the oil wealth is not stable in price in global markets, in addition to “The wise countries are moving towards non-oil revenues.” He added, “There are already steps taken by the government, but they are not at the level of ambition to increase revenues, including encouraging internal industry and agriculture.

Iraq Economic News and Points To Ponder Wednesday Evening 6-19-24

Parliamentary Finance: Iraq Needs To Be Liberated From Oil Power In The Field Of Revenues

June 12, 2024 Baghdad/Iraq Observer Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed that although Iraq possesses all the elements that enable it to advance its economy and liberate itself from oil power in the field of revenues, it lacks unity of decision and vision in the field of directing the economy to its correct destination.

Al-Kadhimi told Iraq Observer, “There is a major imbalance in the Iraqi economy.

If we continue to rely on oil as the country’s sole resource, as approximately 90% of the country’s revenues are derived from it, then this dependence is not guaranteed, given that the oil wealth is not stable in price in global markets, in addition to “The wise countries are moving towards non-oil revenues.” He added, “There are already steps taken by the government, but they are not at the level of ambition to increase revenues, including encouraging internal industry and agriculture.

Also, the fact that the border crossings remain without control, especially those in the Kurdistan region, is one of the most prominent reasons behind the faltering of the internal industry, as the national product remains without protection from the government.”. He continued,

"The increase in non-oil revenues, customs, border crossings, taxes, and all services provided by the Ministry of Electricity and other service ministries must be offset by these huge amounts spent on the ministries, revenues that strengthen the state's balance and treasury in light of the annual budget, in addition to initiatives to support the private sector and investment that... “It would attract and absorb large numbers of labor.” He pointed out that

“Iraq has the qualifications to start with non-oil revenues,

but the system that the economy has followed since 2003 and

what was imposed by the occupation and the

destruction of the infrastructure of most factories and the

failure to solve the problem of electrical energy until now

is considered the main obstacle to the launch of the private sector in the various fields that support The Iraqi economy is important and essential revenues.” He concluded by saying,

“An example of this is what happened currently in self-sufficiency in wheat, and

the wheat crop has now reached 6 million tons of production for this year, but

in return it cost the government approximately more than a trillion dinars, considering that the government took the initiative to buy a ton at a rate of 150 thousand dinars in support of farmers, while in If it is imported, it reaches the governorates at a price of 400 thousand dinars.

Therefore, the issue of reforming the Iraqi economy requires a

government decision,

parliamentary support, and

support from the political blocs, in addition to

understanding from the popular bases.

https://observeriraq.net/المالية-النيابية-العراق-بحاجة-الى-الت/

International Finance: Economic Reform In Iraq Is Witnessing An Increasing Pace, And We Have Invested About Two Billion Dollars

Money and business Economy News _ Baghdad The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.

Zaghir said in an interview with the Iraqi News Agency, followed by “Al-Iqtisad News,” that “the work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest nearly two billion dollars in a wide range of sectors,” indicating that “our work in Iraq will extend out of our belief in future prospects.”

"For Iraq, the pace of economic reform will accelerate, and this will reflect positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sector."

He added, “The International Finance Corporation is the arm of the World Bank that is concerned with developing the private sector by providing the necessary financing for private sector projects in addition to providing advisory services. Therefore, the framework of the institution’s work expands to include a wide range of financial services to all companies operating in Iraq in addition to providing consulting services".

Zaghir continued, “The IFC’s thinking relates to a group of sectors whose importance we believe and whose importance we share with the Iraqi government, whether investing in the Iraqi industrial sectors, where they are productive and an alternative to imports, and the second part relates to the financial sector, both its banking and non-banking parts, in addition to the importance of investing in infrastructure and improving the services provided.”

For Iraqis throughout the country,” pointing out that “the main point is our work and encouraging the private sector and working with it.”

240 views Added 06/18/2024 - https://economy-news.net/content.php?id=44398

Iraq Is Second In The Arab World To Produce Hydroelectric Power

Hydropower Energy Economy News – Baghdad Iraq ranked second among the largest Arab countries with the largest hydropower capacity in operation, according to recent data issued by the Global Energy Monitor platform.

The total hydropower capacity in operation in 7 Arab countries (Egypt, Iraq, Sudan, Syria, Morocco, Lebanon, and Algeria) is more than 10.2 gigawatts.

Egypt topped the list of Arab countries with the most operational hydroelectric capacity, reaching 2,778 gigawatts, and in second place on the list was Iraq, with a capacity that stabilized at 2,436 gigawatts, followed in third place by Sudan, with a hydroelectric capacity of 1.85 gigawatts.

Fourth, Syria ranked on the list of Arab countries with the most hydroelectric power capacity, with an operating capacity of 1,585 gigawatts, and Morocco came in fifth place, with a capacity of 1,395 gigawatts.

Lebanon also came on the list with an operational hydroelectric capacity of 0.108 gigawatts, and finally Algeria ranked on the list of Arab countries with the most hydroelectric capacity, with a capacity of 0.100 gigawatts. Views 95 06/19/2024 - https://economy-news.net/content.php?id=44424

Stability In Dollar Exchange Rates In Baghdad, Basra And Erbil

Wednesday 19, June 2024 12:24 | Economical Number of readings: 327 Baghdad / NINA / The exchange rates of the dollar against the Iraqi dinar witnessed stability today, Wednesday, in Baghdad, Basra, and Erbil. Below is a list of dollar selling prices:

$100 = 147,000 dinars in Baghdad

$100 = 146,800 dinars in Basra

$100 = 147,000 dinars in Erbil.

https://ninanews.com/Website/News/Details?key=1133156

To read more current and reliable Iraqi news please visit :https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

As there is no worldly gain without some loss, so there is no worldly loss without some gain.... Set the allowance against the loss, and thou shalt find no loss great. -Francis Quarles

Never complain about your troubles; they are responsible for more than half of your income. -Robert R. Updegraff

A problem is a chance for you to do your best. -Duke Ellington

Emergencies have always been necessary to progress. It was darkness which produced the lamp. It was fog that produced the compass. It was hunger that drove us to exploration. And it took a depression to teach us the real value of a job. -Victor Hugo

Many men owe the grandeur of their lives to their tremendous difficulties. -Charles Haddon Spurgeon

It is often hard to distinguish between the hard knocks in life and those of opportunity. -Frederick Phillips

Fire is the test of gold, adversity of strong men. -Marcus Annaeus Seneca

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.htm

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

I’m a Bank Teller: 7 Biggest Cash Withdrawal Mistakes I See People Make Every Day

Madeline Duley Tue, June 18, 2024

If you have a bank account, you’re likely familiar with the process of withdrawing cash, depositing checks and handling bills. While these might seem like basic tasks, there are a few common mistakes that are easy to make when carrying out these seemingly simple financial transactions.

Find out from a bank teller if you’re making these seven common cash withdrawal mistakes — and learn how to avoid them.

Getting Bills Too Large

Although efficient and compact, large bills aren’t as versatile as you might think.

“One mistake I often see is taking out large bills to spend at local businesses, because most won’t accept them because businesses are worried about fraudulent bills,” said Haley West, head teller at Kohler Credit Union.

I’m a Bank Teller: 7 Biggest Cash Withdrawal Mistakes I See People Make Every Day

Madeline Duley Tue, June 18, 2024

If you have a bank account, you’re likely familiar with the process of withdrawing cash, depositing checks and handling bills. While these might seem like basic tasks, there are a few common mistakes that are easy to make when carrying out these seemingly simple financial transactions.

Find out from a bank teller if you’re making these seven common cash withdrawal mistakes — and learn how to avoid them.

Getting Bills Too Large

Although efficient and compact, large bills aren’t as versatile as you might think.

“One mistake I often see is taking out large bills to spend at local businesses, because most won’t accept them because businesses are worried about fraudulent bills,” said Haley West, head teller at Kohler Credit Union.

The usability and convenience of smaller bills are well worth the annoyance of carrying around a thicker stack of cash.

Requesting Brand New Bills

There’s nothing more appealing than fresh, crisp bills, especially when you’re giving cash as a gift. However, requesting brand-new bills might have frustrating consequences.

“A mistake members make is requesting brand new bills as they are sticky and members tend to come back thinking that we shorted them or they gave too much when they purchased because the bills were stuck together,” West said.

Neglecting To Balance Accounts

Life gets busy and it can be hard to stay on top of account balances. An easy mistake to make is withdrawing cash from an account with inadequate funds.

“A staggering 19% of all payments in 2020 were cash transactions,” said Oliver Brifman, business insurance and financial services expert at eMerchant Authority. “Yet, many customers withdraw without checking their balance, leading to overdraft fees. Always check your balance before a withdrawal to avoid the plunge into overdraft territory.”

Rushing

When you are in a rush or distracted, it’s easy to make mistakes.

“Based on my time as a bank teller, I learned firsthand how easily little mistakes can happen with cash transactions if you’re not careful,” said Steven Kibbel, former bank teller and now a Certified Financial Planner and financial advisor at Prop Firm App. “When people are rushed or distracted, they often make the mistake of miscounting bills, mixing up denominations or neglecting to double-check important details on checks.”

https://www.yahoo.com/finance/news/m-bank-teller-7-biggest-160040491.html

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

Danielle DiMartino Booth: Fed Doesn't Have a Snowball's Chance in Hell of Achieving a Soft Landing

Palisades Gold Radio: 6-19-2024

Tom welcomes back Danielle DiMartino Booth to the show to discuss de-dollarization and its implications for the US economy.

Danielle argues that while concerns over countries moving away from the US dollar system have been ongoing for a long time, the US dollar remains dominant in global transactions due to its vast liquidity pool and lack of competition.

She advises investors to diversify during financial crises instead of doubling down on dollars. The conversation touches upon the Federal Reserve's actions, with Danielle expressing concerns about potential policy errors regarding inflation and outdated data usage.

Danielle discusses employment statistics, mentioning that hard data from the Quarterly Census of Employment and Wages (QCEW) plays a significant role in revisions to non-farm payrolls and Gross Domestic Product (GDP).

Danielle DiMartino Booth: Fed Doesn't Have a Snowball's Chance in Hell of Achieving a Soft Landing

Palisades Gold Radio: 6-19-2024

Tom welcomes back Danielle DiMartino Booth to the show to discuss de-dollarization and its implications for the US economy.

Danielle argues that while concerns over countries moving away from the US dollar system have been ongoing for a long time, the US dollar remains dominant in global transactions due to its vast liquidity pool and lack of competition.

She advises investors to diversify during financial crises instead of doubling down on dollars. The conversation touches upon the Federal Reserve's actions, with Danielle expressing concerns about potential policy errors regarding inflation and outdated data usage.

Danielle discusses employment statistics, mentioning that hard data from the Quarterly Census of Employment and Wages (QCEW) plays a significant role in revisions to non-farm payrolls and Gross Domestic Product (GDP).

She expresses concern over the Fed's reliance on outdated data and potential late action.

The conversation also covers concerns about risks for regional banks, rising bankruptcy rates, and imminent student loan delinquencies. She also discusses signs of a potential recession, including slowdown in credit card spending, increasing charge offs, and decreasing employment levels.

Despite some optimistic predictions, she express skepticism due to the weak economic foundation and the Fed's role in combatting inflation with varying opinions on its likelihood.

Time Stamp References:

0:00 - Introduction

0:45 - Dedollarization Trends

2:47 - Global Dollar Trade

5:49 - Reserves and Data

8:57 - Fed & Global C.B. Cuts

10:49 - Fed & 2024 Elections

12:55 - Consumer 'Health'

13:58 - Fed Revisions & Data Lag

19:44 - Bankruptcies & Inflation

23:44 - Problems Not Priced-In

25:27 - Regional Banking Risk

28:47 - Bigger Banks & Losses

32:52 - Credit Card Spending

34:52 - Deep Long Recession

37:40 - Fed - Hard Landing

38:55 - Inflation Targeting

41:09 - Wrap Up

Talking Points From This Episode

- The US dollar's dominance in global transactions is due to its vast liquidity pool and lack of competition.

- Investors are advised to diversify during financial crises instead of relying on dollars. - Concerns over the Fed's policy errors, outdated data usage, and potential late action in addressing economic issues.

https://www.youtube.com/watch?v=RyDMGo3eUT8

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

TNT:

Tishwash: Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil

The spokesperson for the Patriotic Union of Kurdistan parliamentary bloc, Suzanne Mansour, said on Wednesday that legislating the oil and gas law would be sufficient to resolve the disputes and outstanding issues between Baghdad and Erbil.

Mansour said in an interview with the Maalouma Agency that the oil and gas issue has been stuck between Baghdad and Erbil for many years, noting that “recourse to the constitution lies in legislating the oil and gas law.”

She added, “The draft oil and gas law is still with the government and we are waiting for the law to be enacted in the House of Representatives,” noting that “approving the law would regulate the relationship between Baghdad, Erbil, and the oil.” -producing provinces.”

She continued, “There is a committee formed by both sides in Baghdad and Erbil to solve all problems, including the oil and gas law.” link

TNT:

Tishwash: Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil

The spokesperson for the Patriotic Union of Kurdistan parliamentary bloc, Suzanne Mansour, said on Wednesday that legislating the oil and gas law would be sufficient to resolve the disputes and outstanding issues between Baghdad and Erbil.

Mansour said in an interview with the Maalouma Agency that the oil and gas issue has been stuck between Baghdad and Erbil for many years, noting that “recourse to the constitution lies in legislating the oil and gas law.”

She added, “The draft oil and gas law is still with the government and we are waiting for the law to be enacted in the House of Representatives,” noting that “approving the law would regulate the relationship between Baghdad, Erbil, and the oil.” -producing provinces.”

She continued, “There is a committee formed by both sides in Baghdad and Erbil to solve all problems, including the oil and gas law.” link

Tishwash: “K” Company: The rise in electronic transactions develops the financial sector

The International Smart Card Company “K” described the rise in electronic transactions as a victory for the financial sector, which seeks to develop the financial sector.

An official source in the company said that government support and the Central Bank of Iraq had a positive impact on expanding the electronic payment base, which coincided with the company's plans aimed at continuously developing performance and benefiting from the global developments witnessed by the financial sector.

He added that the company's work team continues to provide performance and develop new services that suit the needs of customers, both companies and citizens.

He pointed out that the Iraqi market represents fertile ground that requires more effort, especially as there is a great desire to continue global developments in developing the financial sector. link

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

CandyKisses: Shameless and unacceptable statements... Al-Sahhaf calls for restraining the American ambassador

Information / Baghdad.

The spokesman for the popular legal movement, Mohammed Al-Sahaf, on Tuesday, rejected the US trusteeship over Iraq, calling on the government to rein in the new US ambassador Tracy Jacobson.

Al-Sahhaf said in a statement to the Information Agency that "the new US Ambassador Tracy Jacobson's provocative statements have floated a set of UN resolutions."

He added that "the intervention of the new Washington ambassador to Baghdad is negative and reprehensible and a clear interference in the affairs of a sovereign state," noting that "the Iraqi people reject the American trusteeship of Iraq."

"The US ambassador's statements are rude and unacceptable, and it is not the Iraqi people who are subject to US tutelage," he said.

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

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

Frank26 Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" If you change the oil map, you change the exchange rate/the value of the currency of Iraq. Quote: "Iraq's financial budget for the current year included the new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" I don't need to go any further than that...1.32 is what the citizens of Iraq are potentially in a position to receive. This article proves that there's a different rate in the budget...

Militia Man Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" Quote: "Included the project of this new pipeline with an estimated amount of 6.5 billion dinars or $4.9 billion." Think about what they just said, 6.5 billion Iraqi dinar equates to $4.9 billion...It is like saying the dinar is worth 1.32 to $0.76...That to me will be considered a REER.(Real Effective Exchange Rate)

BRICS UPDATE: BRICS Bank Forum Signals Expansion of BRICS Lending Into Emerging Markets

Lena Petrova: 6-19-2024

https://www.youtube.com/watch?v=6xYsA4nOplU

Preparing for the Imminent Debt System Collapse with Francis Hunt

ITM Trading: 6-19-2024

Francis Hunt, also known as the Market Sniper, discusses the ongoing financial collapse and the importance of investing in gold. He explains how the U.S. dollar's strength masks underlying issues in the debt markets and why gold is a safe haven.

Hunt uses diagrams to illustrate the complexities of the financial system, highlighting the dangers of holding U.S. treasuries and the significant accumulation of gold by major players like China.

He warns of an impending collapse and advocates for physical gold as protection against systemic failure.

https://www.youtube.com/watch?v=WV1gLiyOiHU

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

Goldilocks' Comments and Global Economic News Wednesday Afternoon 6-19-24

Good Afternoon Dinar Recaps,

Vietnam transitions to a cashless society

Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.

A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.

Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations.

Goldilocks' Comments and Global Economic News Wednesday Afternoon 6-19-24

Good Afternoon Dinar Recaps,

Vietnam transitions to a cashless society

Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.

A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.

Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations. VOV World Twitter

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mBridge EVM compatible…

(Ethereum Virtual Machine)

Presentation from BIS

Innovation Hub showcase….

(Circa May 2024)

#XRP #XRPCommunity

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Issue Date:June 14, 2024 File Number: S7-13-22

Rulemaking: Special Purpose Acquisition Companies, Shell Companies, and Projections Corporation Finance

Status: Final Rule: Special Purpose Acquisition Companies, Shell Companies, and Projections; Correction

Today, the SEC registers the Final SPAC Rules. SPAC stands for Special Purpose Acquisition Company. SPAC is a company that raises money in an Initial Public Offering (IPO) to acquire a private company and take it public.

SPACs are also known as blank-check companies that providemoney for startup companies preparing to offer new technologies (digital assets) on the QFS. The registering of this final rule will enable many technological advances to begin and be placed on the QFS.

Here comes liquidity for our new tokenized assets. SEC KPMG

© Goldilocks

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What is a SPAC? |Barrons

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Today the Independent Evaluation Office (IEO) of the International Monetary Fund (IMF) concluded that newer IMF policy areas such as governance, social spending, digital money, climate change, and gender are leading to “serious” challenges, including overburdening staff. That’s because the expansion of activities beyond its traditional areas has happened with “limited resources and expertise”, including a more or less flat budget in real terms. However, the Board approved each of the expansion areas. Ledger Insights IEO IMF

👆Do you see an urgency here?

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Putin arrives in North Korea, vows to boost cooperation and fight sanctions —Radio Free Asia

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This direct trade in local currencies was not only aimed at expanding bilateral trade to $100 billion under their free trade pact but also meant to develop a mechanism and ecosystem of directly dealing in two currencies. It was presumed to cover around 20-25 per cent of trade in local currency initially. However, the first deal that happened in Indian rupee-UAE dirham was an oil deal. |RFA

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Indonesia Stock Exchange Partners with Nasdaq to Upgrade Market Infrastructure

Sunandar, Director of Information Technology and Risk Management at IDX said: “With this trading system and technology infrastructure upgrade, we envisage becoming more competitive and staying attractive for both domestic and international investors. We believe this partnership will speed up the modernization advancement of the Indonesia capital market while supporting sustainable economic growth.” |FinancialPost

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As we approach the elections, the markets are going to start showing their true colors. Bank mergers will increase as we leave behind the old Financial System and move into a new Digital Economy.

China and Russia have sold most of their US bonds. Now, we are witnessing the beginning stages of Japan doing the same. China and Japan have been huge Bond holders of the US debt instrument. And now, Japan wants to begin selling their bonds for Bitcoin. I bet you didn't see that coming. 😂

Many of the US Banks are holding a significant amount of unrealized debts that will go against their banking net worth. Our Government has been attempting to swap out many of these maturing bonds with new bonds holding a higher rate of return.

This still doesn't look like it is enough so far to balance the unrealized debt holdings our banking system currently has on their books.

This will create a downward pressure on the US dollar going forward. It will begin the process of leveling the playing field with other currencies around the world.

The banks that survive into the next economy will be those who are Basel 3 compliant. The road ahead will be bumpy as we activate new digital mechanisms through tokenized assets that will form a bridge to the new economy.

Europe is further along than the rest of the countries in the completion of their MICA regulations. Look for them to transition through the sale of their own bonds into digital assets and gold.

The US may not be far behind. And the BRICS system, let's just say the Global South is about to rise. Bitcoin Magazine

© Goldilocks


"Japan's Norinchukin Bank to sell US$63b of US, European govt bonds to stem losses" |
The Edge Malaysia

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Dinar Recaps Blog Page — Dinar Recaps (2)

U.S. SEC HAS PERMANENTLY
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ETH ETF trading will start within next
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This will be the beginning of the biggest crypto Altseason.

Here's how you could make millions from it:

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👆 Goldilocks pointed to this article

~~~~~~~~~

BREAKING NEWS - OPEC Power Alliance in Trouble? |Youtube

~~~~~~~~~

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Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, June 18TH and you're listening to the big call. I hope everybody's tuned in all over the globe - thank you satellite team for getting the signal out to so many countries, as many as 200 countries around the globe, and we've had confirmation of about 25 million individuals that the call has gone to - it’s a unique software thing where they can translate my voice into umpteen different languages in three seconds. So that's really an amazing feat – We count ourselves blessed to have a satellite team that can make all that work technologically and get it out there

So we're excited. Oh, don't forget, Federal holiday tomorrow. That's right, Juneteenth is June 19. It celebrates the end of slavery, the emancipation and proclamation - it is now a federal holiday, but keep that in mind tomorrow and beyond that, let's pray the call in as we welcome everybody around the globe - let's pray to call in

Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Tuesday, June 18TH and you're listening to the big call. I hope everybody's tuned in all over the globe - thank you satellite team for getting the signal out to so many countries, as many as 200 countries around the globe, and we've had confirmation of about 25 million individuals that the call has gone to - it’s a unique software thing where they can translate my voice into umpteen different languages in three seconds. So that's really an amazing feat – We count ourselves blessed to have a satellite team that can make all that work technologically and get it out there

So we're excited. Oh, don't forget, Federal holiday tomorrow. That's right, Juneteenth is June 19. It celebrates the end of slavery, the emancipation and proclamation - it is now a federal holiday, but keep that in mind tomorrow and beyond that, let's pray the call in as we welcome everybody around the globe - let's pray to call in

Okay, thank you Bob. And let's take a look now. Thank you very much for that segment, Bob. Ley’s take a look and see where that puts us tonight - and there's some interesting information that we found today and yesterday. – Primarily today

And where we stand right now is - redemption center people that we know - we know they have a job to put in the new quantum financial system “codes” into the computer – and we know that they have entered codes in the last couple of days - and the codes came back - they are going to re-enter - in other words it wasn’t taken - it wasn't receiving -

Then – well today. Okay, let's put the code again today by 1030 in the morning, and then what happens? What takes or whether you get an email back? Well, of the three codes that were entered, one was received and two were sent emails back, and the emails are sent back. Were on Iraq, one on the rupiah - and the reason was, I believe.. they did not state this, but I believe we had been told, You guys remember that we thou ght the Iraqi Budget for Iraq had been put in the Gazette last Saturday.

Well, came to find out it was NOT in the Gazette Saturday.

Sources in Iraq said he was told by the prime minister of Iraq that it would go into the Gazette tomorrow, which is Wednesday. Okay, that's good. So the fact that we get an email back at the redemption center saying, “nope not yet.” There is still something with Iraq –

So to me – its probably because the budget has not yet been put into the Gazette and therefore the rate would not be seen in the Gazette and so on

So even though Iraq is trading up the value of the dinar – they really were not quite st the position of locking in that rate for us

Now cut to Afghanistan - That situation requires a rate. It requires a rate that is solid for the rates to lock in - we anticipate tomorrow - we've been told that the redemption centers will enter those 3 codes no later than 10:15 in the morning – tomorrow - by 10:15 they get entered – and we will see if all 3 codes “take” – and the theory is – they should

We will have all 3 to be received and we should get that back solid screen rates - on the bank screens, on the redemption center screen, is what we're talking about. On redemption center screens, which will indicate a solid, tradable currency, exchangeable. That's exciting for us - that really is.

We also heard from another source that unless there's a false flag event tomorrow, which we don't anticipate, but that could go up the worst, but otherwise, if there's no false flag event, we're going to be in the midst of it tomorrow.

I think that means notifications, bondholders and us, and quite possibly the start of exchanges omorrow afternoon, evening. We could actually do both

Now we will have to see what happens, obviously, see what manifests but I think based on the information we've had in the last few days. And the fact that we're lined up and ready to go. I believe they're ready for this thing to go.

It's interesting that it would reveal on Juneteenth our Declaration of emancipation, proclamation, freedom for all – Freedon Day . and that's how we have to look at this tomorrow.

So we’ve had very decent rates showing up on the screens. We've had them trading up - lights flashing, you know, we've had certain people from Wells Fargo get the green light to go ahead, enter those codes. That was positive.

I really think now we're finally kind of coming down to the point where when those codes are entered in the morning, at 10:15am, could quite easily get solid rates and get emails from Wells Fargo. Where we can receive and set our appointments or tomorrow and beyond - That’s exciting – that’s exciting and that's what I believe we should be anticipating.

That's really what I most wanted to say -

That's what I wanted to bring to you tonight - One of our sources said if we don't have a false flag event tomorrow. We're going to be right smack dab in the midst of it. Everything is happening, bondholders - us, - intermediaries, everybody getting paid out. Okay, the latest thing I had was R, and R still coming this, this month,

I can't speak to the increase in social though - that has not been absolutely confirmed - so everybody have a great night and we'll talk to you Thursday, unless these numbers have manifested and we have them. Otherwise, everybody, have a great night and we'll see you on the other side.

Let's pray the call out,

Bruce’s Big Call Dinar Intel Tuesday Night 6-18-24REPLAY LINK Intel Begins 1:01:50

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Bruce’s Big Call Dinar Intel Thursday Night 6-13-24 REPLAY LINK Intel Begins 1:09:00

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Bruce’s Big Call Dinar Intel Tuesday Night 6-11-24REPLAY LINK Intel Begins 1:02:50

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Bruce’s Big Call Dinar Intel Thursday Night 6-6-24REPLAY LINK Intel Begins 50:20

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Bruce’s Big Call Dinar Intel Tuesday Night 6-4-24 REPLAY LINK Intel Begins 56:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-30-24 REPLAY LINK Intel Begins 1:04:40

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Bruce’s Big Call Dinar Intel Tuesday Night 5-28-24REPLAY LINK Intel Begins 1:08:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:09:09

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Bruce’s Big Call Dinar Intel Tuesday Night 5-21-24REPLAY LINK Intel Begins 1:05:15

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Bruce’s Big Call Dinar Intel Thursday Night 5-16-24 REPLAY LINK Intel Begins 1:13:23

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Bruce’s Big Call Dinar Intel Tuesday Night 5-14-24 REPLAY LINK Intel Begins 1:10:00

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

Petrodollar Deal Expires; Why this Could Trigger ‘Collapse of Everything’ – Andy Schectman

Kitco News: 6-19-2024

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who breaks down reports of Saudi Arabia letting the 50-year long Petrodollar agreement with the U.S. expire and what this means for the future of the U.S. dollar as the global reserve currency.

Schectman believes that this marks the end of the era of fiat currency, as commodity backed money will return.

He also weighs in on the latest geopolitical developments, including the latest sanctions against China and Russia, continued weaponization of the U.S. dollar, the accelerating de-dollarization trend, BRICS Plus Foreign Ministers meeting, G7 meeting, BRICS new currency, and more.

Petrodollar Deal Expires; Why this Could Trigger ‘Collapse of Everything’ – Andy Schectman

Kitco News: 6-19-2024

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who breaks down reports of Saudi Arabia letting the 50-year long Petrodollar agreement with the U.S. expire and what this means for the future of the U.S. dollar as the global reserve currency.

Schectman believes that this marks the end of the era of fiat currency, as commodity backed money will return.

He also weighs in on the latest geopolitical developments, including the latest sanctions against China and Russia, continued weaponization of the U.S. dollar, the accelerating de-dollarization trend, BRICS Plus Foreign Ministers meeting, G7 meeting, BRICS new currency, and more.

Schectman points out how gold fits into the picture, laying out what a new world monetary order – or the Bretton Woods 3 – could look like.

https://www.youtube.com/watch?v=pjtKeewv7pY

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KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

KTFA:

Henig:

Interesting, IMO.

Vietnam transitions to a cashless society

Monday, June 17, 2024 | 19:47:30

(VOVWORLD) -Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.

A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.

Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations. LINK

KTFA:

Henig: Interesting, IMO.

Vietnam transitions to a cashless society

Monday, June 17, 2024 | 19:47:30

(VOVWORLD) -Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.

A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.

Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations. LINK

Henig: Vietnam has golden opportunities to develop silver economy: expert

Source: Xinhua Editor: huaxia

2024-06-17 22:44:15

HANOI, June 17 (Xinhua) -- The aging population and unique characteristics of the elderly group in Vietnam pose many economic and social challenges, but there are also golden opportunities for the country to develop a silver economy, Vietnam News Agency reported Monday, citing Doan Van Binh, vice president of the Vietnam Real Estate Association.

He said the rise of the silver economy reflected a societal re-evaluation of the elderly, which no longer views them as an economic burden, but recognizes their contribution to society and their consumption potential.

Based on Vietnam's actual conditions and the experience of some countries, Vietnam should immediately begin researching, creating a vision, building policies and laws, and setting up specific strategies and action plans to activate and develop the silver economy, he said.

The older generation in Vietnam currently accounts for 8.3 percent of the total population, or 8.16 million, according to the country's Ministry of Labour, Invalids and Social Affairs.

It is forecast that the number will increase to 16.8 million by 2039 and 25.2 million by 2069. LINK

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

Clare: IBBC Webinar: Drivers of the Iraqi Dinar Exchange Rate

19th June 2024 By John Lee.

On a webinar organised by theIraq Britain Business Council (IBBC)on Tuesday, Professor Frank Gunter ofLehigh Universityand Dr Ahmed Tabaqchali ofAFC Iraq Fund(andExpert Bloggeron Iraq Business News) discussed the drivers of the Iraqi dinar exchange rate.

The event marks the official launch of the IBBC's new white paper on de-dollarisation of Iraqi economy, which can bedownloaded here. LINK

To view this interesting discussion please see the video below:

https://youtu.be/400yZLln5AE

Clare: Integrity: The arrest of a government employee who seized 131 million dinars

6/19/2024

The Federal Integrity Commission reported that an operation was carried out during the arrest of an employee at a government bank in Maysan Governorate who seized an amount of 131 million dinars from one of the bank’s customers.

An integrity statement, a copy of which was received by {Al-Furat News}, stated that “the Commission’s Maysan Investigation Office formed a working team from its staff, explaining that the team that moved to the Agricultural Cooperative Bank / Maysan branch was able to execute the arrest warrant against one of the employees, because he was involved with other employees.” In the bank, they seized more than 131 million dinars from a customer’s account in the bank.

The office added that the process of withdrawing the amount from the customer’s current account at the bank took place without his knowledge, after forging his signatures and seizing his money deposited for the accused’s account, in conjunction with other employees.

He pointed out that the operation was carried out in accordance with the provisions of Article (316) of the Penal Code, noting that a proper arrest report was prepared for the operation, and that he was presented with the accused to the judge of the investigative court specialized in looking into integrity cases in Maysan. To issue the appropriate decision. LINK

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

BRICS Financial System Accelerates As Malaysia Plans To Join BRICS & De-Dollarize Asia

Sean Foo: 6-19-2024

In another shocking update, another Asian country wants to join BRICS. Malaysia, an ASEAN nation, wants to join the bloc.

The agenda is all about de-dollarizing their economy to make it more resilient against big moves in the reserve currency.

Here's why Malaysia's making this big leap and why the West must pay attention.

BRICS Financial System Accelerates As Malaysia Plans To Join BRICS & De-Dollarize Asia

Sean Foo: 6-19-2024

In another shocking update, another Asian country wants to join BRICS. Malaysia, an ASEAN nation, wants to join the bloc.

The agenda is all about de-dollarizing their economy to make it more resilient against big moves in the reserve currency.

Here's why Malaysia's making this big leap and why the West must pay attention.

Timestamps & Chapters:

0:00 Malaysia's Sudden Membership Bid

2:33 Breaking Away From The US Dollar

5:46 China Brings Economic Windfall

9:00 BRICS Financial System Accelerates

12:19 BRICS Is Winning Big

https://www.youtube.com/watch?v=QPnum1Qk-DI

China Ditch US Bonds: How it impact the Global Economy?

Fastepo: 6-19-2024

China has recently sold approximately $50 billion in US Treasury bonds, reducing its holdings to the lowest level in 14 years.

This move is part of China's strategy to decrease its dependence on US financial instruments amidst ongoing geopolitical tensions with the United States.

As of March 2024, China's holdings have dropped to $767 billion, down from $816 billion in December 2023.

China's actions reflect a broader trend of "dedollarization," where the country aims to reduce the dominance of the US dollar in international trade and finance.

This strategic shift has significant implications for global financial markets, particularly in the context of rising US interest rates and the increasing yield spreads between different types of US debt instruments.

https://www.youtube.com/watch?v=nk-RR-w5G8E

BRICS Makes Major De-Dollarization Announcement

Geopolitical Analyst: 6-19-2024

At a meeting Tuesday in Russia, BRICS announced that it is in the final stages of its de-dollarization mission.

According to BRICS representatives at the meeting, their new payment system was confirmed, and it will become a competitor for the current global reserve US dollar.

Economic ministers of leading BRICS member countries have announced that they are in the final stages of completing complete de-dollarization.

The bloc’s goal is for its multipolar international monetary system to mark the end of the US dollar as the sole global reserve currency.

A new payment system has been rumored and discussed for a significant time, but now the BRICS alliance has officially confirmed its development and first target: the US Dollar.

The BRICS economic alliance has sought to challenge the global economic status quo for the last two years. The bloc has sought increased resistance from the Western-dominated financial order. Those efforts have come in the form of increased de-dollarization practices and the promotion of the bloc’s own local currencies.

Furthermore, the BRICS alliance initiated this two-day meeting with 20 countries in attendance to discuss expansion and economic cooperation.

Foreign Ministers of countries belonging to the bloc are currently in the Russian city of Nizhny Novgorod.

Topics at hand included the upcoming expansion of the BRICS+, de-dollarization efforts, and building further economic and trade relations with one another.

Now, its work in developing its BRICS currency has also been discussed. BRICS aims to cut ties with the US dollar and use local currencies for all cross-border transactions among member nations.

The move is attracting other developing countries to join BRICS in 2024.

The idea of ditching the US Dollar for local currencies and a new global reserve has become more popular.

The alliance’s gold-backed currency concept and CBDCs are considered worthy alternatives.

https://www.youtube.com/watch?v=4IBJr5Liunw

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

Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance

On June 18, 2024 By Awake-In-3D

Prime Minister Declares Strategic Intention to Join BRICS Alliance which would lead to a significant RV of the Malaysian Ringgit (MYR).

In This Article

Malaysia’s Formal Bid to Join BRICS

The Anticipated Revaluation of the Malaysian Ringgit

BRICS Gold-Backed Trade Currency and Its Implications

Malaysia’s Strong Economic Contributions to BRICS

Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance

On June 18, 2024 By Awake-In-3D

Prime Minister Declares Strategic Intention to Join BRICS Alliance which would lead to a significant RV of the Malaysian Ringgit (MYR).

In This Article

  • Malaysia’s Formal Bid to Join BRICS

  • The Anticipated Revaluation of the Malaysian Ringgit

  • BRICS Gold-Backed Trade Currency and Its Implications

  • Malaysia’s Strong Economic Contributions to BRICS

Dinar Recaps Blog Page — Dinar Recaps (3)

Malaysia’s strategic decision to join the BRICS economic bloc has sparked significant discussions regarding the future of the Malaysian Ringgit (MYR).

Prime Minister Anwar Ibrahim’s announcement highlights Malaysia’s intent to align with BRICS, potentially leading to the revaluation (RV) of the Ringgit through the bloc’s gold-backed common trade currency which will be composed of 40% gold-backing.

Malaysia’s Formal Bid to Join BRICS

Prime Minister Anwar Ibrahim’s recent declaration signifies a pivotal moment for Malaysia’s economic and diplomatic strategy. In an interview with Chinese news outlet Guancha, aired ahead of Chinese Premier Li Qiang’s visit, Anwar confirmed Malaysia’s intention to join BRICS, marking a crucial step towards diversifying its strategic relationships.

“We have indicated, as a policy, that we are joining,” said Datuk Seri Anwar. “We have made a decision. We are placing the formal procedures soon.” This move aligns Malaysia with a group of nations collectively challenging the Western-dominated global order, potentially reshaping the economic landscape.

The Anticipated Revaluation of the Malaysian Ringgit

One of the most significant implications of Malaysia joining BRICS is the potential revaluation of the Malaysian Ringgit.

The BRICS bloc plans to implement a gold-backed common trade currency. Inclusion of the Ringgit in this currency basket could significantly enhance its purchasing power and exchange rate, especially against fiat currencies like the US Dollar.

The revaluation of the MYR would not only strengthen Malaysia’s financial stability but also boost its attractiveness for foreign investments. This economic shift is expected to elevate Malaysia’s status in the global market, offering new opportunities for growth and development.

BRICS Gold-Backed Trade Currency and Its Implications

The BRICS bloc’s move towards a gold-backed trade currency is a strategic effort to reduce dependency on the US Dollar and foster economic sovereignty among member nations. For Malaysia, participating in this initiative means aligning the Ringgit with a stable and valuable currency system, enhancing its global economic influence.

This new currency system aims to facilitate smoother and more secure trade among BRICS nations, providing a robust alternative to the existing fiat currency system.

The anticipated revaluation of the Ringgit under this gold-backed regime is poised to offer Malaysia greater economic leverage and improved terms of trade.

Malaysia’s Strong Economic Contributions to BRICS

Malaysia’s decision to join BRICS is underpinned by its strong economic indicators and potential contributions to the bloc.

In 2024, Malaysia’s GDP is estimated to reach $445 billion USD, with substantial exports in key sectors such as digital/electronic devices, electrical machinery, mineral fuels, and industrial machinery. These economic strengths position Malaysia as a valuable member of the BRICS alliance.

Malaysia’s top export destinations in 2023 included major economies such as Singapore, China, and the USA, highlighting its significant role in global trade.

The nation’s diverse export portfolio, comprising electrical machinery, mineral oils, and animal or vegetable fats, among others, showcases its capacity to contribute effectively to a diverse BRICS economic bloc.

Experts, such as Datuk Prof Dr. Mohd Faiz Abdullah of Malaysia’s Institute of Strategic and International Studies (ISIS), emphasize the importance of Malaysia’s participation in BRICS. “Building our ties with these key countries will make our economy more resilient,” he noted, underscoring the strategic benefits of Malaysia’s move.

The Bottom Line

Malaysia’s formal intention to join BRICS represents a strategic maneuver with far-reaching economic implications.

The potential revaluation of the Malaysian Ringgit, driven by the adoption of a BRICS gold-backed common trade currency, positions Malaysia for enhanced financial stability and global economic influence.

Coupled with Malaysia’s robust economic contributions, this move promises to solidify the nation’s standing within the BRICS alliance, fostering new opportunities for growth and collaboration in the evolving global landscape.

Contributing articles:

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

© GCR Real-Time News

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

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

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

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

Coffee with MarkZ. and Andy Schectman. 06/19/2024

Member: Happy Juneteenth to all!

Member: Did you all know today is International Sauntering Day?

Member: Stock market closed today for Juneteenth

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

Coffee with MarkZ. and Andy Schectman. 06/19/2024

Member: Happy Juneteenth to all!

Member: Did you all know today is International Sauntering Day?

Member: Stock market closed today for Juneteenth

Member: Good morning Mark Z …counting my foreign currency ….. ready to go to the bank! How say you?!

MZ: Not much news overnight…but I do not take that as a bad thing. I am saving Iraq news for when MilitiaMa joins us …Its not time sensitive but a lovely deep dive into rate possibilities. I am looking forward to him sharing it in greater detail.

MZ: Just spoke with Militiaman he is working on a video….If he gets it done he may join us tonight….if not he is scheduled to join us tomorrow morning. There are interesting things happening in Iraq. Things are definitely pointing to something sooner rather than later.

MZ: Bond news continues to be confused. I don’t have a confirmed bond payout yet of an individual bond holder. There are lots of rumors from other countries which to me makes no sense. It makes sense that they should go at the same time…not randomly like in Columbia or Zurich before they release in Reno ect….

Member: This can only go so much longer. Bond people can only be held off for so long, until it can’t anymore. Which is right around the corner. How much more news can there be? That’s the question

Member: Charlie Ward has said it over and over again that the collapse has to happen first

Member: Phil G. Had a very interesting podcast last night. Something BIG happening soon. BOOM!

Member: Phil said a BOOM in July, don't know what the BOOM is but there it is.

MZ: “ Brazil ‘s massive tax changes set to roil already struggling consumers” They are looking at a 27.5% VAT (Value added tax} in Brazil. They say it’s going to replace other taxes. They say it will be more efficient. But this will be difficult for the overwhelming masses in Brazil .

Member: Q: the 15 days have passed so the budget-so is it legally in force? Thanks!

MZ: unfortunately nothing is in the gazette yet today.

Member: Tomorrow is summer solstice, from dark to light.

Member: We keep this loop-thing going. We get excited, then we are disappointed. It's frustrating at best.

Member: Don’t like the rollercoaster ? Don’t get on. It is a choice

Member: We just need to take a breath and know it’s going to happen. As Mark says, we don’t know when it’s going to happen.

Member: Today is the present, yesterday is the past and tomorrow is not promised but we have to keep moving forward to make it a better place!

Member: Thanks Mark and Andy…..everyone have a great day today.. Maybe some good RV news tonight???

Andy Schectman from Miles Franklin joins the stream today. Please listen to replay for his information and opinions.

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

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

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

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

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

Youtube: https://www.youtube.com/watch?v=gomS1ANJ4LE

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