Iraqi Dinar Video Update Wednesday AM 4-24-24
Iraqi Dinar Video Update Wednesday AM 4-24-24
Finally CBI Announce On TV Screen IQD RV – 3:24
US Treasury Set New Exchange Rate – 3:13
This is Good News For IQD Holder’s – 3:01
Chase Bank Huge Announcement IQD New Rate – 2:44
Iraqi Dinar Video Update Wednesday AM 4-24-24
Finally CBI Announce On TV Screen IQD RV – 3:24
US Treasury Set New Exchange Rate – 3:13
This is Good News For IQD Holder’s – 3:01
Chase Bank Huge Announcement IQD New Rate – 2:44
Finally CBI Announce On TV Screen IQD RV – 3:24
US Treasury Set New Exchange Rate – 3:13
This is Good News For IQD Holder’s – 3:01
Chase Bank Huge Announcement IQD New Rate – 2:44
MilitiaMan: IQD Update - Iraqi Dinar - Global Deals - Support - USA- Turkey - Timing- Currency Value - Tabled
IQD Update - Iraqi Dinar - Global Deals - Support - USA- Turkey - Timing- Currency Value - Tabled
MilitiaMan and Crew: 4-23-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
IQD Update - Iraqi Dinar - Global Deals - Support - USA- Turkey - Timing- Currency Value - Tabled
MilitiaMan and Crew: 4-23-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
KTFA Tues. Night CC:“FRANK26….4-23-24…..SAT PHONE CALL”
KTFA
Tuesday Night Conference Call
“FRANK26….4-23-24…..SAT PHONE CALL”
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Tuesday Night Conference Call
“FRANK26….4-23-24…..SAT PHONE CALL”
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Iraq Economic News and Points to Ponder Late Tuesday Evening 4-23-24
Iraq Economic News and Points to Ponder Late Tuesday Evening 4-23-24
The US Treasury Praises The Actions Of The Government And The Central Bank In The Washington Meetings
Economy News – Baghdad Samir Al-Nusairi During the visit of the Prime Minister to Washington and his meeting, in the presence of the Governor of the Central Bank, with the US Treasury delegation, and the negotiations that took place regarding the financial and banking reform strategy implemented by the government and the Central Bank, the American side emphasized its praise of the reform measures and steps,
which resulted in organizing foreign trade financing and complying with international standards in 2023 and the past months of 2024, and to bridge part of the gap between the official price and the price equivalent to the dinar exchange rate against the US dollar.
This refutes the criticisms, allegations and media exaggerations of some satellite channels by insulting the Central Bank and the banking sector and pointing out some violations in the issue of controlling the monetary dollar, which were addressed at the time of the beginning of the application of the electronic platform.
Iraq Economic News and Points to Ponder Late Tuesday Evening 4-23-24
The US Treasury Praises The Actions Of The Government And The Central Bank In The Washington Meetings
Economy News – Baghdad Samir Al-Nusairi During the visit of the Prime Minister to Washington and his meeting, in the presence of the Governor of the Central Bank, with the US Treasury delegation, and the negotiations that took place regarding the financial and banking reform strategy implemented by the government and the Central Bank, the American side emphasized its praise of the reform measures and steps,
which resulted in organizing foreign trade financing and complying with international standards in 2023 and the past months of 2024, and to bridge part of the gap between the official price and the price equivalent to the dinar exchange rate against the US dollar.
This refutes the criticisms, allegations and media exaggerations of some satellite channels by insulting the Central Bank and the banking sector and pointing out some violations in the issue of controlling the monetary dollar, which were addressed at the time of the beginning of the application of the electronic platform.
What is important and what must be confirmed now is that 100% of the external transfers that were made were in accordance with the relationship What is new between our banks and international correspondent banks, in accordance with the instructions and mechanisms of the electronic platform, are sound and transparent transfers in accordance with international standards, and that the window for selling foreign currency is an economic indicator that achieves one of the objectives of monetary policy.
“Accusing the Central Bank and banks of wasting foreign currency without evidence proving the existence of suspicions of corruption, money laundering, or currency smuggling, and the proposition that says selling currency is a waste of public money is a description that has nothing to do with the economic process.”
It must be noted that “the process of the currency sale window began to be implemented by the Central Bank on 10/4/2004 in implementation of Article 28 of the Central Bank Law No. 56 of 2004, which allows the Central Bank to buy and sell foreign currency, and this process has continued to meet the needs of the Ministry of Finance for currency.”
The local government, for the purposes of the operating budget, purchased the dinar from the public for the purpose of controlling liquidity levels, which is known as the monetary sterilization process on the one hand, and to recycle the dinar and resell it to the Ministry of Finance for the purposes of paying salaries and wages, securing government expenditures, as well as meeting and covering imports, and maintaining the stability of the exchange rate targeted by the Central Bank.
“The foreign currency selling window is considered one of the largest open market operations in controlling local liquidity levels and putting the cash surplus on its proper paths. It is a good economic indicator and achieves one of the goals of monetary policy, and this is consistent with the multi-dimensional functions that the Central Bank of Iraq performs, as it is concerned with financial stability.”
It manages the payments system, manages foreign reserves, licenses and monitors banks and financial institutions, and sets preventive controls, in addition to other tasks related to monetary issuance and publishing economic data, indicators and forecasts.”
“The basic tasks carried out by the central bank are to manage monetary policy, which aims to control inflation, stimulate the economy, balance the balance of payments, and achieve monetary stability.”
274 views 04/23/2024 - https://economy-news.net/content.php?id=42722
Central Bank Sales Today Exceed $282 Million
Tuesday 23 April 2024 | Economical Number of readings: 195 Baghdad / NINA / The Central Bank of Iraq announced, today, Tuesday, its total sales of foreign currency through the electronic window.
The total amounts of transfers abroad (remittances, credits) amounted to $257,194,465, while the total amount of cash sales amounted to $25,430,000, and the total amount of sales amounted to $282,624,465.
The cash selling price was 1,305 dinars per dollar, while the bond credits, international settlements for the electronic card, and foreign transfers were 1,310 dinars per dollar. /End 11
https://ninanews.com/Website/News/Details?key=1122610
"Al-Eqtisad News" Publishes The Full Decisions Of The Council Of Ministers Session
Economy News – Baghdad Al-Eqtisad News publishes the full decisions of the sixteenth Cabinet session held on Tuesday, the most prominent of which was raising the acceptance rate of top graduates of technical institutes at universities to 20%.
The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Prime Minister Muhammad Shiaa Al-Sudani chaired the sixteenth regular session of the Council of Ministers, in which the general conditions in the country were discussed, a number of important files were discussed, and topics were discussed.” listed on the agenda and take decisions and recommendations thereon.”
The statement added, "At the beginning of the session, Prime Minister Muhammad Shiaa Al-Sudani reviewed the results of his official visit to the United States this month, which produced results that are in the interest of Iraq in terms of economy, politics, security, and regional stability, and in the interest of building bilateral strategic relations, in addition to the signing of a number of Memorandums of understanding and partnership between the Iraqi public and private sectors on the one hand, and between major leading American companies and financial and banking institutions on the other hand.”
He explained, "Al-Sudani reviewed the visit of the Turkish President to Baghdad yesterday, which witnessed the signing of the bilateral strategic framework agreement, and the signing of 26 joint memorandums of understanding for various institutions between the two countries, which will be reflected in the economic and development partnership, in addition to the quadripartite understanding that included Iraq, Turkey, Qatar, and the UAE.
Regarding the development road project, the investment opportunities it holds, and entering into a new phase of security and economic understandings and in the field of water management and water shares in the Tigris and Euphrates rivers, all of which will push relations forward.”
Al-Sudani directed, according to the statement, “the ministers to follow up on the implementation of the memorandums of understanding, and to provide the utmost efforts in order to achieve the highest levels of mutual benefit, for all sectors and activities covered by the memorandums of understanding, in addition to assigning the committees concerned with securing the requirements for success and good implementation of the agreements and understandings signed with the United States and Turkey.”
During the session, the Council of Ministers followed up on service projects, infrastructure projects, and lagging projects, and took a number of decisions related to spare orders and implementation, as follows:
1- Increasing the amount of reserve for the project (construction of the Abu Ghar-Tel al-Lahm quarries road with a length of 45 km) within the project (construction of the Abu Ghar-Tal al-Lahm quarries road) included in the investment budget tables of the Ministry of Construction, Housing, Municipalities and Public Works/ among the priority projects related to the implementation of the Council’s decision. Ministers (301 in 2021).
2- Increasing the total cost of the project (study, design and implementation of an integrated concrete water project with a capacity of 1000 m3/hour, with transmission lines to the Umm Qasr district).
3- Increasing the total cost and reserve amount for the project (reconstruction of Al-Fayhaa Bridge in Basra).
4- Increasing the total cost and reserve amount for the project (Fallujah Third Bridge and its approaches in Anbar Governorate).
5- Increasing the total cost and the amount of reserve for the project (constructing the Juwaiba-Al-Hamidiyah (Al-Mamoun) Bridge).
6- Increasing the total cost and the amount of reserve for the project (completion of the rehabilitation and expansion of Karbala Children’s Hospital/second phase).
7-Developing a project (supervision and control for the establishment of Shatrah General Hospital with a capacity of 200 beds and furnishing), within the total cost of the project.
8- Increasing the amount of reserve for the project (constructing the second corridor of the Batira - Al-Fajr - Al-Budair road, with a length of (163) km, the first phase within Maysan Governorate, with a length of (72) km, increasing the total cost of the project, and creating a project called (the two concrete Sababat bridges).
9- Creating a project called (removing optical cable conflicts for the Sababat Bridges).
10- Increasing the total cost and the amount of reserve for the project (establishing the Palace of Justice in Najaf Al-Ashraf).
He continued, "In order to make room for outstanding students of institutes to complete university studies, the recommendation of the Ministerial Council for Human Development (24011 B) for the year 2024 was approved regarding increasing the acceptance rate of top students who graduate from technical institutes from (10%) to (20%)."
For admission exclusively to universities, and to the corresponding or nearby specializations, in order to allow students who are graduates of the institutes to apply to complete their initial university studies.”
He continued, "The Council decided to exclude the backup network project, and the project to rehabilitate and develop the paths of the national optical cable network, from the contracting methods stipulated in the Contract Implementation Instructions No. 2 of 2014, for the purposes of the national mobile phone license, in order to meet the increasing requirements of state institutions for digital transformation projects and secure the needs of... Mobile companies, state institutions, and citizens benefit from the increased Internet capacity, fiber optic projects (FTTH), an alternative to copper landlines, and international transit projects for Iraq.”
He pointed out that "the Council approved the recommendation of the Ministerial Council for the Economy (24131 Q), which included approval of the request of the Ministry of Oil, regarding the issue of converting gas compressors from temporary to permanent customs entry for the benefit of the Basra Gas Company, and the General Authority of Customs transferring gas compressors with (14) compressors from A temporary customs entry to a permanent one,
for the benefit of the Basra Gas Company, provided that it is among its assets (the share of the South Oil Company (51%) in accordance with Council of Ministers Resolution (446 of 2012), and payment of the resulting expenses, in accordance with the law, and borne by the Basra Gas Company.” .
He added, "In the field of energy, the Council approved the signing of a memorandum of understanding for associated gas to generate electric power between the Ministry of Electricity and Siemens Energy. It also approved the inclusion of the projects required to be implemented by the Ministries (Planning and Finance) in accordance with the aforementioned memorandum of understanding and the availability of the necessary allocations and funding."
The Council voted to grant the Ministry of Electricity the necessary powers to proceed with implementation, as an exception to the contracting methods stipulated in the Instructions for Implementing Government Contracts (2 of 2014), in a way that ensures speedy completion and achieving the desired goal of signing the aforementioned memorandum of understanding.
He pointed out that, "In the same vein, the Council canceled Cabinet Resolution No. (308 of 2019), which included financing the Ministry of Electricity with the necessary allocations to establish a secondary station (400) KV, and financing three (132) KV stations with lines, provided that they are of Outside the Ministry's budget.
The statement confirmed, “The Council approved the draft law to cancel the (defunct) Revolutionary Command Council’s Decision No. (103) on January 27, 1988, which was reviewed by the State Council, and approved referring the draft law to the House of Representatives based on the provisions of the Constitution, as the aforementioned decision had He merged the Department of Relations and the Department of Planning into one department, and abolished administrative formations in the Ministry of Justice.
He also abolished the Department of Estate Affairs in the Directorate for the Welfare of Minors, abolished its jurisdiction to release estates in accordance with the Law for the Care of Minors, and entrusted the release of estates to the personal status courts.
He stated that "the draft law for the first amendment to the Martyrs Foundation Law No. 2 of 2016 was approved, which was reviewed by the State Council and referred to the House of Representatives, based on the provisions of the Constitution, taking into consideration the observations that were presented at the Council of Ministers meeting."
He continued, "The Council of Ministers granted the Deputy Prime Minister and Minister of Planning the authority to negotiate and sign a memorandum of understanding between the Ministry of Planning in the Republic of Iraq and the United Nations Population Fund (UNFPA), based on the Treaty Contracting Law (35 of 2015), and the Ministry of Foreign Affairs prepared the necessary authorization document."
On behalf of the Government of the Republic of Iraq, the Deputy Prime Minister and Minister of Planning, in accordance with the approved contexts, and submitting it to the General Secretariat of the Council of Ministers in order to obtain the signature of the Prime Minister.
The Council decided, according to the statement, “It was decided to authorize the Minister of Justice to negotiate and sign two draft cooperation agreements between the Government of the Republic of Iraq and the Government of the Republic of Italy, and between the Government of the Republic of Iraq and the Government of the Republic of Uzbekistan, in the field of transferring those sentenced to custodial sentences, based on the provisions of the Constitution, and to prepare a Ministry Foreign Ministry:
The necessary authorization document on behalf of the Government of the Republic of Iraq for the Minister of Justice, in accordance with the approved contexts, and submitting it to the General Secretariat of the Council of Ministers to obtain the signature of the Prime Minister.
Views 101 04/23/2024 - https://economy-news.net/content.php?id=42757
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Points To Ponder on Failures and Mistakes
We will be victorious if we have not forgotten how to learn.- Rosa Luxemburg
It is the true nature of mankind to learn from mistakes, not from example.- Fred Hoyle
The psychotherapist learns little or nothing from his successes. They mainly confirm him in his mistakes, while his failures, on the other hand, are priceless experiences in that they not only open up the way to a deeper truth, but force him to change his views and methods.- Carl Jung
Failure ... is, in a sense, the highway to success, inasmuch as every discovery of what is false leads us to seek earnestly after what is true, and every fresh experience points out some form of error which we shall afterward carefully avoid.- John Keats
We need to teach a highly educated person that it is not a disgrace to fail and that he must analyze every failure to find its cause. He must learn how to fail intelligently, for failing is one of the greatest arts of the world.- Charles F. Kettering
When a man is pushed, tormented, defeated, he has a chance to learn something; he has been put on his wits; on his manhood; he has gained the facts; learned his ignorance; is cured of the insanity of conceit; has got moderation and real skill.- Ralph Waldo Emerson
http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html
Currency Insider Iraqi Dinar – Dong Late Tuesday Evening 4-23-24
Currency Insider Iraqi Dinar – Dong Late Tuesday Evening 4-23-24
Iraqi dinar 25000 Notes On Trending Now On Forex – 2:46
Iraqi dinar big announcement be Alert – 2:16
Iraqi Dinar Big Big Good News $3+ - 2:18
Currency Insider Iraqi Dinar – Dong Late Tuesday Evening 4-23-24
Iraqi dinar 25000 Notes On Trending Now On Forex – 2:46
Iraqi dinar big announcement be Alert – 2:16
Iraqi Dinar Big Big Good News $3+ - 2:18
Iraqi dinar 25000 Notes On Trending Now On Forex – 2:46
Iraqi dinar big announcement be Alert – 2:16
Iraqi Dinar Big Big Good News $3+ - 2:18
10 Poor Money Habits Hurting Relationships the Most
Apr 23
10 Poor Money Habits Hurting Relationships the Most
Cindy Lamothe Mon, April 22, 2024
Love and money don’t always go hand in hand. As one recent GOBankingRates survey revealed, poor money habits have a significant impact on people’s relationships.
The survey, which polled over 1,000 Americans, found that some of the biggest concerns around love and finances have to do with spending mindlessly and not planning for the future.
Harmful Money Habits
When asked what poor money habits were impacting their relationship, here’s what the survey respondents who were in a relationship said:
10 Poor Money Habits Hurting Relationships the Most
Cindy Lamothe Mon, April 22, 2024
Love and money don’t always go hand in hand. As one recent GOBankingRates survey revealed, poor money habits have a significant impact on people’s relationships.
The survey, which polled over 1,000 Americans, found that some of the biggest concerns around love and finances have to do with spending mindlessly and not planning for the future.
Harmful Money Habits
When asked what poor money habits were impacting their relationship, here’s what the survey respondents who were in a relationship said:
Using credit cards too much to buy things: 18.65%
Impulse shopping: 17.96%
Living beyond your means: 16.77%
Not prioritizing saving: 16.57%
Not creating a budget: 15.18%
Not building an emergency fund: 13.89%
Not investing: 10.12%
Making minimum monthly payments instead of a full payment: 10.02%
Not paying bills on time: 8.93%
Lifestyle inflation: 7.94%
About 26% said that none of these habits had impacted their relationship.
According to the results, Gen X was most concerned about credit card overuse, while millennials and Gen Z worried most over impulse shopping — though living beyond their means was a close second for millennials.
Below, experts detail how these poor money habits hurt relationships — and what you can do about it.
How These Habits Hurt Your Relationship
“Financial problems like overusing credit cards, impulse shopping, living beyond means and not budgeting or saving can put a huge strain on romantic relationships,” said Loretta Kilday, senior attorney at Debt Consolidation Care.
“When couples overspend and rack up debt, it can cause a lot of stress, anxiety and fights as they try to keep up with bills and pay off what they owe,” she explained. “Living above their means can also make partners feel entitled or like they can never have the lifestyle they want, which breeds frustration and blame.”
Not having a budget or savings, she added, leaves couples high and dry when emergencies pop up or when it comes to long-term goals. “They clash over money choices because they are not on the same page. Hiding purchases or debts from each other shatters trust and intimacy, too.”
To keep money from messing with their relationship, Kilday said couples have to put financial teamwork first.
“That means getting real about goals, making a budget together and being upfront about spending and saving. Working as a team to handle money in a healthy, honest way cuts down stress and makes the relationship stronger in the long run.”
Different Spending Habits Lead to Adversity
To Read More Go To Original Article:
https://www.yahoo.com/finance/news/10-poor-money-habits-hurting-170040939.html
Tuesday Evening News with MarkZ and Zester. 04/23/2024
Evening News with MarkZ and Zester. 04/23/2024
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 evening Mark Mods and fellow RV’ers
Member: One for the money two for the show three get ready for RV…. let’s go let’s go
Member: I heard that the invention of the spoon was an important point in human history. It caused…quite a stir.
Member: It all sounds good but we are still waiting and wandering…. I sure hope we get some news that has teeth in it….
Member: With a lot of people under NDA s -that's good news
Evening News with MarkZ and Zester. 04/23/2024
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 evening Mark Mods and fellow RV’ers
Member: One for the money two for the show three get ready for RV…. let’s go let’s go
Member: I heard that the invention of the spoon was an important point in human history. It caused…quite a stir.
Member: It all sounds good but we are still waiting and wandering…. I sure hope we get some news that has teeth in it….
Member: With a lot of people under NDA s -that's good news
MZ: That is great news. There are a number of high profile paymasters under an NDA now. Along with all the bondholders under NDA’s….This is exceptional news. Now we need to know “when” for the rest of us.
MZ: But, it’s fantastic and exciting to finally see some movement from some of the biggest of groups. There are also more and more bond confirmations that make me feel warm and fuzzy. We don’t know when they will be complete but am excited over the progress I am seeing.
Member: Are you under an NDA now Mark?
MZ: When I am- you won’t need to ask…I will tell you.
Member: You said Bond money is moving this morning. What does that mean for us as a timeline?
MZ: I don’t know exactly. That is what I am trying to pin down. But, I firmly believe it has started and cannot be stopped now.
Member: There is a rumor a contractor living in the US used his CBI card and the rate was about $3.91
MZ: About a million of you sent that to me today. There have been inconsistencies between people here and inconsistencies on rates and payments for different contractors. But we are seeing those irregularities that I attribute to testing the system or priming the pump. Seeing how everything works together.
MZ: As we understand it the AI for the QFS is controlling things. If there is a value change on one…they have to see how it affects others. So to me- they are testing the system….or priming the pump to see how it works. The lucky ones chosen to do this just got one heck of a windfall.
Member: Do you believe the $3.91 story is real?
MZ: Yes I do believe it’s real But, I do not believe that is the rate everybody gets because I have talked to some with these debit cards in the US and they have not seen that rate change. Whereas others have…..so I think they are priming the pump and testing the system.
MZ: “ IMF issues warning to Biden Administration on out of control deficit spending.” We are watching things unfold in front of our eyes.
Member: Can u explain who actually pulls the trigger? Is it Iraq, IMF, military or U.S. getting so confused?
Member: At that level…we may never know for sure.
Member: Thanks to Mark and Zester…….everyone enjoy your evening…..sweet RV dreams
Zester 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 DISCUSSEDIN MARKZ’S OPINION ONLY
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
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.
TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com
STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Economist’s: “Sound Money, Reset, and More” 4-23-2024
Stefan Gleason - U.S. States Seeking Shelter From the U.S. Dollar
Silver Bullion TV: 4-22-2024
Patrick Vierra from SBTV spoke with the CEO from Money Metals Stefan Gleason.
Stefan is an advocate for sound money as are many of the U.S. states.
However, even if the individual states may see gold and silver as sound money, the federal government does not and prefers a central bank digital currency or CBDC.
Interesting times ahead, come see why.
Stefan Gleason - U.S. States Seeking Shelter From the U.S. Dollar
Silver Bullion TV: 4-22-2024
Patrick Vierra from SBTV spoke with the CEO from Money Metals Stefan Gleason.
Stefan is an advocate for sound money as are many of the U.S. states.
However, even if the individual states may see gold and silver as sound money, the federal government does not and prefers a central bank digital currency or CBDC.
Interesting times ahead, come see why.
Discussed in this interview:
01:22 The States and sound money
12:54 Government is not hearing the people
23:05 The Fed wants a central bank digital currency, a CBDC
29:28 Less trust with the U.S.
32:09 Seeking monetary shelter from the USD
The “Biggest” Survival Game of Our Lives, Only Gold and These Rules Can Save You: Market Sniper
Daniela Cambone: 4-23-2024
“I actually fear it’s going to be so big that you won’t be able to trade it all.
There will be a stop reset and then there will be a formal reveal to try to get faith back in a system,” says Francis Hunt, trader, investor, and the mastermind behind The Market Sniper.
In an interview with Daniela Cambone, Hunt sees the gold price soaring to $3,000 an ounce, urging viewers to consider gold as a valuable investment opportunity.
He sheds light on the ongoing financial reset, emphasizing the significance of geopolitical risks, strong dollar fluctuations, and mounting debt crises.
”You were born to cope with these times. Make sure you're a survivor through to thrive and we think is the financial planning you should do for a reset environment.”
CHAPTERS:
00:00 Jerome Powell
3:30 Debt collapse/FX market
5:37 Japanese yen
7:11 Gold
10:22 Rally of gold
12:17 Price for gold
17:50 It’s time to get into gold
19:45 Gold/silver ratio
27:40 Bitcoin
30:48 Financial reset
Argentina Heads To China For Economic RESCUE As Farm Outbreaks Devastate Export Revenues
Sean Foo: 4-23-2024
Argentina is facing an export crisis. With inflation still raging, an outbreak in their corn harvest threatens to collapse their export revenues.
It's not a surprise that the Argentine Central Bank is running to China to secure their Yuan swap line for their vital imports.
Here's what you must know and why Argentina's in desperation mode.
Timestamps & Chapters:
0:00 Milei's Running To China
2:58 Argentina's Farm Outbreaks
6:26 Scrambling For China's Swap Line
9:16 Argentina Needs Chinese Imports
10:16 Spending $300M On Fighter Jets
12:54 More Currency Devaluation Coming
Iraqi Dinar Video Update Tuesday Afternoon 4-23-24
Iraqi Dinar Video Update Tuesday Afternoon 4-23-24
CBI Announced About IQD RV Latest Update – 3:12
Wait is Over JP Morgan Chase Bank RV Approved – 2:48
Iraqi Dinar Massive Reinstatement – 3:04
Al Sudani Big Announcment IQD Exchange Rate – 4:13
Iraqi Dinar Video Update Tuesday Afternoon 4-23-24
CBI Announced About IQD RV Latest Update – 3:12
Wait is Over JP Morgan Chase Bank RV Approved – 2:48
Iraqi Dinar Massive Reinstatement – 3:04
Al Sudani Big Announcment IQD Exchange Rate – 4:13
CBI Announced About IQD RV Latest Update – 3:12
Wait is Over JP Morgan Chase Bank RV Approved – 2:48
Iraqi Dinar Massive Reinstatement – 3:04
Al Sudani Big Announcment IQD Exchange Rate – 4:13
Goldilocks' Comments and Global Economic News Tuesday Evening 4-23-24
Goldilocks' Comments and Global Economic News Tuesday Evening 4-23-24
Good Evening Dinar Recaps,
"HANOI (Bloomberg): Vietnam’s central bank said it sold dollars to some banks, intervening in the foreign exchange market as the currency fell to a record low."
Today, Vietnam did a currency intervention. They sold some of their dollars to some banks. Let's take a look at why this move was made and why it makes sense.
Vietnam is currently applying for the BRICS system. The need to hold dollars in trade going forward does not make as much sense anymore. It would make more sense to hold the trading currency of the BRICS system that will carry enough weight to justify new Dong rates going forward.
At the same time, the BRICS Nations have a requirement that Nations who join them own gold. Gold increases the net worth of a country's own currency, and backing in Gold will enable Vietnam to trade under a Gold Standard.
Goldilocks' Comments and Global Economic News Tuesday Evening 4-23-24
Good Evening Dinar Recaps,
"HANOI (Bloomberg): Vietnam’s central bank said it sold dollars to some banks, intervening in the foreign exchange market as the currency fell to a record low."
Today, Vietnam did a currency intervention. They sold some of their dollars to some banks. Let's take a look at why this move was made and why it makes sense.
Vietnam is currently applying for the BRICS system. The need to hold dollars in trade going forward does not make as much sense anymore. It would make more sense to hold the trading currency of the BRICS system that will carry enough weight to justify new Dong rates going forward.
At the same time, the BRICS Nations have a requirement that Nations who join them own gold. Gold increases the net worth of a country's own currency, and backing in Gold will enable Vietnam to trade under a Gold Standard.
You will notice in an article below that Vietnam has begun buying more Gold.
Currently, Europe and the US carry a lot of weight in trading values through the WTO. China and other countries who are part of the BRICS system are edging up to near-similar levels of trade that will equate the US and Europe.
This will level the playing field for countries such as Vietnam, and it makes sense for them to begin dumping their dollars for currencies inside the BRICS Nations and Gold.
Holding these new reserves in the BRICS Nations will allow Vietnam to raise the value of their currency through new trading mechanisms inside the new digital economy and more holdings in Gold.
The Star RT Business Investopedia1 JP Morgan Investopedia2 The Investor VN Vietnam Investment Review
"All roads lead to gold, and 'digital gold' will set us free."
© Goldilocks
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The Commodities Futures Trading Commission has issued an announcement.
The CFTC is extending the comment period for new rules being applied on the swap execution facilities.
This affects the DCMs in Part 37 and 38. The Designated Contract Markets are boards of trade (or exchanges) that operate under the regulatory oversight of the CFTC.
"The proposed rule was published in the Federal Register on March 19, 2024. It had a 60-day comment period scheduled to close on April 22, 2024."
The following is what was considered in yesterday's meeting.
"Final Rule: Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants
Final Rule: Adopting Amendments to the Large Trader Reporting Rules for Futures and Options"
May 13th, 2024 is the deadline for this comment period. At that time, we will be able to move forward with the final rules on executing foreign currency exchange swaps. The final rule is the implementation phase. CFTC1 CFTC2 CFTC3 CFTC4 Federal Register Investopedia CFTC5
© Goldilocks
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A new round of sanctions are being applied to Venezuela and their oil economy.
This article speaks of Venezuela moving to other payment methods such as cryptocurrencies as preferred payments.
This will shift payments from the dollar to new digital asset opportunities for this country.
It is a growing trend and opportunity for countries who wish to exercise their Sovereignty going forward. Reuters
© Goldilocks
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"Therefore, trading of foreign currency futures contracts, or options thereon, is lawful if it occurs on designated contract markets or derivatives transaction execution facilities."
* Designated Contract Markets (DCM)
* Derivatives Transaction Execution Facilities
Please ask if the facility you are trading at is one of the two above-approved designated exchange facility.
It will not be a legal facility to exchange your currency in unless it is. By the way, a bank is a designated facility that encompasses both of the above criteria and requirements. CFTC
© Goldilocks
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👆One more thing, these designated facilities (banks) do have 1-800 #s.
Just look on the back of your debit card or call your bank if you have any further questions.
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Jim Willie: 'Gold's The Safe Haven When There's No Escaping The Debt Default' | Youtube
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The BRICS economic union is currently in the process of creating a single financial system in 2024 to facilitate trade within the bloc without using the US dollar.
Such an idea would be crucial to the implementation of the BRICS plans. Specifically, the effect of its de-dollarization would be greatly enhanced by a financial system that brings together the possibilities of using digital currencies. Moreover, it increases pressure on the dollar, which the US has already assured will not get a digital counterpart. Crypto Dnes
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Kremlin says Russia and China have almost abandoned the dollar in trade
Russia and China have almost completely abandoned the US dollar in their mutual settlements, and more than 90% of transactions between the two countries are now carried out in their national currencies. | UNN
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The Copper Supply Shortage Is Here | SchiffGold
👆 Keep saving those copper nickels and pennies...
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The movement from brick and mortar sales continue to melt down as the online sales for the same merchandise is continuing to climb. | Wolf Street
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Vietnamese furniture products introduced at Milan Design Week - EIN Presswire
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Vietnam to have opportunities from digitalisation, green transformation: IMF | VOV VN
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Factors influencing Vietnam’s FMCG market | VOV VN
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Vietnam surpasses India, Thailand to become Singapore’s top rice supplier - VnExpress International | VN Express
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Billionaire-Owned Media Has Gone Full Throttle to Save Fellow Billionaire, Jamie Dimon | Wall Street on Parade
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Copper pennies at $3.00. Right NOW? | Youtube
👆 Goldilocks pointed to this article
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MESSAGE FROM SAM OLIVER ON COPPER
LISTEN HERE:
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Generative A.I. Arrives in the Gene Editing World of CRISPR | The New York Times
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A new legislation to regulate stablecoins filed in the US Senate may benefit the issuers as reported by investment banking firm TD Cowen. | Crypto Times
👆 more on this tomorrow...
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‘‘Lummis-Gillibrand Payment Stablecoin Act’’
LIP24254.pdf CLICK HERE
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Ripple Offers to Pay SEC Penalty For XRP | Youtube
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Iraq Economic News and Points to Ponder Tuesday Afternoon 4-23-24
New financial bonds...bank interest thwarts the government's plans to close the deficit
Monday, 04-22-2024, Karar Al-Assadi 356
The Iraqi government has resorted to issuing financial bonds and selling them to citizens with the aim of filling the financial deficit in the budget and also to enhance the state’s non-oil revenues, which is a slogan raised by Prime Minister Muhammad Shiaa Al-Sudani to his government, and while specialists praise this approach, others identify obstacles that do not encourage the success of this experiment due to the lack of interest.
Banking achieved by “freezing” millions of dinars in exchange for revenues does not constitute a temptation to attract the citizen.
Economic expert Mazhar Muhammad Saleh says, “The bonds currently in circulation (Injaz), which were recently issued by the Ministry of Finance, are one of the medium-term government debt instruments,
Iraq Economic News and Points to Ponder Tuesday Afternoon 4-23-24
New financial bonds...bank interest thwarts the government's plans to close the deficit
Monday, 04-22-2024, Karar Al-Assadi 356
The Iraqi government has resorted to issuing financial bonds and selling them to citizens with the aim of filling the financial deficit in the budget and also to enhance the state’s non-oil revenues, which is a slogan raised by Prime Minister Muhammad Shiaa Al-Sudani to his government, and while specialists praise this approach, others identify obstacles that do not encourage the success of this experiment due to the lack of interest.
Banking achieved by “freezing” millions of dinars in exchange for revenues does not constitute a temptation to attract the citizen.
Economic expert Mazhar Muhammad Saleh says, “The bonds currently in circulation (Injaz), which were recently issued by the Ministry of Finance, are one of the medium-term government debt instruments,
which differ from treasury transfers as a debt instrument also in terms of maturity dates and the interest granted or paid, as
treasury transfers are mostly directed.” To the banking system, while
Enjaz bonds are mostly a means of borrowing to the public.”
On April 15, 2023, Rafidain Bank announced the issuance of “Enjaz” bonds to citizens, offering them in two categories, the
first in the amount of 500 thousand dinars with an annual interest of 6.5 percent, paid every six months for a period of two years, and the
second in the amount of one million dinars with an annual interest of 8.5 percent every six months for a period of four years.
He added, “These bonds were issued for the purposes of financing part of the planned deficit in the federal general budget for the year 2024, and engaging in direct borrowing from the public of lenders, especially those who have savings or financial surpluses, and
at the same time have the desire to invest their surplus funds in these highly collateralized sovereign bonds, as
they are subject to... (Injaz) bonds for the credit rating of the Republic of Iraq, which is currently set at grade B, similar to nearly 80 countries in the world.”
He continues, “We believe that the bonds finance 7 to 10 percent of the planned deficit in the annual general budget, through the contribution of the public of lenders by investing their available financial surpluses by possessing these bonds in return for the government receiving cash amounts that contribute to filling the deficit in public expenditures during the period.” Fiscal year 2024.”
Mazhar points out that “government bank branches undertake the sale of these bonds to the public and provide the holder of that bond with an electronic document first,
then he is provided with a paper document showing the details of the single bond that he will be in possession of.
The bond is also issued in several denominations, such as the half-million dinar denomination and the one million dinar denomination.” The maturity periods also vary.
He explains that “the one million dinar bond earns an annual interest rate of 8.5 percent and is paid every six months, and its maturity is four years, that is, the date of its amortization.
He also notes that the bond sale, which began on April 15, will continue to be offered until May 15 of next year.”
It is noteworthy that “Enjaz bonds are the highest in interest after the (Emaar) bonds and (Building) bonds that were offered in previous years, in which the interest rate reached 7 percent annually, and the holder of the bond can transfer its possession back to another holder, as government bonds are among the Preferred debts cannot collect interest or at the time of their repayment, so they can be mortgaged as excellent collateral.
Thus, holders of government bonds can liquidate the bond as a financial instrument and convert it into cash immediately by promoting it for sale in the secondary financial market and at any time before its maturity date and recovering the principal amount of cash paid in return. “Possession.”
The Ministry of Finance had previously announced the launch of a new issue of government bonds under the name “Injaz” for public subscription, indicating that
they are government bonds denominated in the Iraqi dinar in the denomination of 500 thousand dinars, for a period of two years with an annual interest of 6.5 percent paid every six months, and a bond of the denomination of one million dinars for the term. Four years with an annual interest rate of 8.5 percent, paid every six months.
For his part, the economic expert and professor of management and economics at the Iraqi University, Abdul Rahman Al-Mashhadani, explains, “
This is a normal measure taken by most governments in the world, and Iraq is not the first country to do it when it needs financing to fill the deficit or for investment projects, as it sometimes issues these bonds to achieve goals.” Specific, for example, building bridges, dams, or specific services,
but the purpose of these bonds in Iraq is to fill a deficit in the general budget and as a measure to withdraw liquidity from the market.”
He added, “These bonds have an issuance period.
For example, the half-million dinar bond has a duration of two years, and the million-dinar bond has an issuance period of four years
After that, the Ministry of Finance is obligated to return the bond amount to the buyer or extend it in the event of strong demand for it, but the interest is paid every six months.” By the Ministry of Finance, and it is certainly possible to sell them through the Iraqi Stock Exchange, just like the shares of companies that are sold in this market.”
Al-Mashhadani explains, “When we talk about the deficit, we are talking about 80 or 92 trillion dinars, which is the value of the budget deficit, and
this issuance of bonds worth two trillion dinars, or even if it was worth four trillion dinars, it cannot cover the entire budget deficit, so it is an attempt.” To create a kind of culture for individuals to invest in financial instruments such as stocks, bonds, and banks in order to obtain financial interest.”
He added, “These policies are not considered to be very successful, and
this issuance can mainly benefit banks, but
the vast majority of citizens do not believe that they will benefit from purchasing these bonds.
For example, the average Iraqi family has the ability for a citizen to buy, for example, 10 million dinars in bonds, which means 10 bonds worth One million dinars, in order to obtain an interest of 8.5 percent, which is not a large percentage and does not constitute a rewarding return for what was invested.”
Al-Mashhadani points out that “commercial work can achieve a profitable return much greater than government bond returns.
Investing one million dinars in the market, for example, enables an individual to recycle it several times in the market, in contrast, and obtain large profitable returns equal to or greater than the amount invested, as long as There is inflation, and there are high profits from investment returns in commercial markets.”
On June 12, 2023, the Iraqi Parliament voted on the federal budget law for the years 2023, 2024, and 2025, in an initiative that is the first of its kind in the country’s history in terms of the size of the budget as well as the number of fiscal years, with a value of 197 trillion and 828 billion dinars, with a financial deficit of 63 trillion. One dinar, which is approximately one-third of the budget.
In turn, the economic expert, Hammam Al-Shamaa, agrees with Al-Mashhadani, that
“the goal of announcing the sale of government bonds to citizens and institutions is to fill the deficit on the one hand and provide financial liquidity on the other hand, since the
total monthly spending at the present time exceeds eight trillion dinars, among the Central Bank’s sales.”
The currency selling window does not exceed five trillion dinars per month.”
He continues, “Therefore, they need liquidity to cover expenses, and this liquidity is expensive, and
the deficit is very large, reaching 35 percent of the gross domestic product, and
it is a cost that falls on the shoulders of future generations.
Government spending is now taking place at the expense of the future, and this year itself must be recorded. It is an inaccurate financial policy with dimensions.” “More political than economic dimensions.”
It is noteworthy that the Ministry of Finance recently issued government bonds to contribute to society’s contribution to the development of the Iraqi economy, as the
subscription funds contribute to financing economic development projects and achieving financial stability in the country. https://www.non14.net/public/166281
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Points To Ponder on Failures and Mistakes
What is defeat? Nothing but education, nothing but the first step to something better.- Wendell Phillips
From their errors and mistakes the wise and good learn wisdom for the future.- Plutarch
Having harvested all the knowledge and wisdom we can from our mistakes and failures, we should put them behind us and go ahead.- Edith Johnson
I think success has no rules, but you can learn a great deal from failure.- Jean Kerr
Failure is just another way to learn how to do something right.- Marian Wright Edelman
There are no mistakes, no coincidences. All events are blessings given to us to learn from.- Elisabeth Kubler-Ross
http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html