Dinar Recaps Blog Page — Dinar Recaps (2024)

Dinar Recaps Blog Page — Dinar Recaps (1)

KTFA, Frank26 Dinar Recaps 20 KTFA, Frank26 Dinar Recaps 20

KTFA:

Clare: Central Bank: Iraq is far from the "gray list"

8/19/2024 Baghdad

The Anti-Money Laundering and Terrorist Financing Office revealed that Iraq is far from being included in the gray list.

The representative of the office at the Central Bank, Hussein Al-Maqram, said, "After the completion of the international mutual evaluation by the international team of experts that Iraq recently underwent, which lasted 14 months, the technical commitment to the legal framework, regulations, instructions, and controls for combating money laundering and terrorist financing was evaluated."

KTFA:

Clare: Central Bank: Iraq is far from the "gray list"

8/19/2024 Baghdad

The Anti-Money Laundering and Terrorist Financing Office revealed that Iraq is far from being included in the gray list.

The representative of the office at the Central Bank, Hussein Al-Maqram, said, "After the completion of the international mutual evaluation by the international team of experts that Iraq recently underwent, which lasted 14 months, the technical commitment to the legal framework, regulations, instructions, and controls for combating money laundering and terrorist financing was evaluated."

He added, "The effectiveness of anti-money laundering and counter-terrorism financing systems was also evaluated, by providing statistics, in addition to practical cases, to prove the extent of implementation of the legislative framework, in addition to the field visit." LINK

Clare: Parliamentary Finance Committee prepares to question the Governor of the Central Bank of Iraq after the Arbaeen visit

8/19/2024

Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, revealed on Monday that a request was submitted to the Presidency of the Council of Representatives to set a date to question the Governor of the Central Bank of Iraq regarding several files, most notably the exchange rate of the dollar against the local currency.

Al-Karawi told Shafaq News Agency, "Members of the Parliamentary Finance Committee had previously submitted a request to the Speaker of the House of Representatives to question the Governor of the Central Bank, Ali Al-Alaq."

He added, "The interrogation relates to several files, the most important of which are the dollar exchange rate, its sale to travelers, the currency buying and selling window, financial transfers abroad, cash financing, US sanctions, and negotiations with the US Federal Reserve."

He stressed, "We were previously seeking to host the Governor of the Central Bank, but then a request was submitted by some members of the House of Representatives to question the Governor in the House according to legal procedures and to activate the oversight role to question government officials."

Al-Karawi said, "After the Arbaeen visit, there will be a move to the Presidency of the House of Representatives to set a date to question the Governor of the Central Bank in Parliament."

On August 8, Hadi Al-Salami, a member of the Parliamentary Integrity Committee, revealed that his committee had been following up for more than a year on the file of terminating the assignment of the Central Bank Governor, Ali Al-Alaq, from his position.

Al-Salami explained to Shafaq News Agency that the committee addressed the Prime Minister several times to pressure him to end Al-Alaq's assignment, due to the existence of many violations against him.

He added that the government program announced by the Prime Minister when forming the government includes the necessity of ending the management of positions by proxy after six months of forming the government, noting that Al-Alaq is still managing the position by proxy without any action to cancel his assignment so far.

Al-Salami pointed out that there are many files and violations related to the Central Bank, which have been referred to the Integrity Commission and the Public Prosecution, indicating that these violations include issues related to the lack of control over the exchange rate in the market, in addition to millions of dollars and interest received by Arab and foreign banks, including Jordanian banks. LINK

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

Militia Man Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Saleh...is educating the people...They're keeping it fresh in the citizens minds as there's a likelihood there's going to be a big change coming. That will likely reflect the flexible exchange rate system.

MarkZ [via PDK] Comment: Many pundits are saying the 20th and 21st could be our big day. MarkZ: yes – a lot of the pundits say this…and I am getting the same from top bond contacts, group leaders –you name it. It certainly makes me feel a little excited…but going to stay grounded ...There are still great expectations from everyone...and I know some people who are heading to their locations on Monday for preparations…So I am hoping Tuesday actually means something.

US Companies Boost Iraq's Energy Sector… Forbes Released Article Today

Edu Matrix: 8-19-2024

US Companies Boost Iraq's Energy Sector Forbes Released Article Today 8/19/24 Forbes Article: https://www.forbes.com/sites/dipkabhambhani/2024/08/19/us-companies-government-to-boost-iraq-energy-sector-to-temper-iran/

https://www.youtube.com/watch?v=2ftORZIEauI

LIVE! ECONOMY COMING APART FASTER... LOAD-UP ON COMMODITIES! STOCK MARKET GOING HIGHER.

Greg Mannarino: 8-19-2024

https://www.youtube.com/watch?v=S_Z9aeT6uFw

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

Good Afternoon Dinar Recaps,

US federal agencies are planning to redefine 'money' to include crypto in reporting rules


Federal regulators aim to treat crypto and traditional currency equally for financial institution reporting.


Key Takeaways
▪️US agencies aim to treat cryptocurrencies as traditional money for reporting purposes.
▪️Final rulemaking on crypto as money expected by September 2025.


Several top US federal agencies are collaborating to revise the definition of “money” to strengthen reporting requirements for financial institutions handling domestic and cross-border cryptocurrency transactions.


The US Department of the Treasury’s semiannual regulatory agenda, released on August 16, reveals an upcoming federal effort to level the regulatory playing field for cryptocurrencies and traditional fiat currency.

Good Afternoon Dinar Recaps,

US federal agencies are planning to redefine 'money' to include crypto in reporting rules

Federal regulators aim to treat crypto and traditional currency equally for financial institution reporting.

Key Takeaways
▪️US agencies aim to treat cryptocurrencies as traditional money for reporting purposes.
▪️Final rulemaking on crypto as money expected by September 2025.


Several top US federal agencies are collaborating to revise the definition of “money” to strengthen reporting requirements for financial institutions handling domestic and cross-border cryptocurrency transactions.

The US Department of the Treasury’s semiannual regulatory agenda, released on August 16, reveals an upcoming federal effort to level the regulatory playing field for cryptocurrencies and traditional fiat currency.

The Board of Governors of theFederal Reserve System and the Financial Crimes Enforcement Network intend to revise the meaning of “money” used in the Bank Secrecy Act.

According to the agenda, the agencies aim to ensure that the rules apply to transactions involving convertible virtual currency, defined as a medium of exchange that either has an equivalent value as currency or acts as a substitute for currency, but lacks legal tender status.

The proposal will also extend reporting requirements to digital assets with legal tender status, including central bank digital currencies.

The final notice of proposed rulemaking is currently scheduled for September 2025,subject to clearance. This move comes as the US government recently shifted approximately 10,000 Bitcoin linked to a dated Silk Road raid on August 14.

In addition to crypto, the Department of Justice is actively amending regulations and legal mandates for artificial intelligence.

On August 7, the DOJ asked the United States Sentencing Commission to update its guidelines to provide additional penalties for crimes committed with the aid of AI.These recommendations seek to expand beyond established guidelines and apply to any crime aided or abetted by simple algorithms.

In June,the US Supreme Court overturned the Chevron doctrine,significantly affecting the SEC’s regulatory authority over crypto policies.

In May, the US Treasury and IRS introducednew tax regulations for crypto brokers,requiring transaction reporting and record-keeping of token costs starting in 2026.

Earlier this month, Senators Wyden and Lummis criticized theDOJ’s treatment of crypto software services as equivalent to unlicensed money-transmitting businesses, highlighting potential conflicts with the First Amendment.

This regulatory push reflects the growing recognition of crypto and digital assets as significant components of the financial system. By aligning reporting requirements for crypto with those of traditional currency, regulators aim to enhance transparency and combat potential illicit activities in the crypto space.

@ Newshounds News™

Source:CryptoBriefingandFederal Register

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IOTA News: Tangle Treasury Implements New Anti-Fraud Measures to Protect Grant Distribution

▪️The Tangle Treasury has implemented significant improvements in data and financial security, introducing a new anti-money laundering (AML) and counter-terrorist financing (CTF) policy.

▪️Nicole O’Brien will lead as the AML/CTF officer for IOTA’s Tangle Treasury, overseeing adherence to best practices, improving internal protocols, and training staff.

The IOTA and Shimmer communities received an important update from the Tangle Treasury regarding the enhanced backend improvements. The latest advancements currently focus on boosting data and financial security while refining proposal reviews and grant management processes.

Thus, in an effort to mitigate risks associated with fund allocations, the Tangle Treasury unveiled a new counter-terrorist financing (CTF) and anti-money laundering (AML) policy.

The broader goal here is to safeguard the Treasury’s primary mission of issuing grants to other promising projects while minimizing the risk of the funds falling into the hands of scammers and other malicious players.

These improved screening features will further enhance the Treasury’s operational efficiency while protecting community investments. As we know, the Tangle Treasury has made significant strides in enhancing internal processes while ensuring community funds’ safety.

With its AML and CTF policy,Tangle DAO has also implemented additional protective measures such as conducting rigorous background checks and enhanced know-your-customer (KYC) procedures for all the proponents as well as grant recipients such as proof-of-address, proof of identity, screening against sanction lists from major countries and blocs, as well as checks for politically exposed persons (PEP).

IOTA Tangle Treasury Appoints Nicole O’Brien

In order to oversee all these processes, IOTA’s Tangle Treasury has appointed Nicole O’Brien as its CTF/AML officer. In her role, O’Brien will ensure adherence to best practices, enhance internal protocols and provide training for staff members.

These advancements, along withimproved data security, bookkeeping, and the introduction of standard operating procedures (SOPs) for finance administration and grant management, will help boost the Tangle Treasury’s efficiency and professionalism.Further updates, including a call for new proposals, will likely come in the coming weeks.

The IOTA Tangle is an innovative form of Distributed Ledger Technology (DLT) specifically created for Web3while using a unique structurebased on directed acyclic graphs (DAG)instead of the conventional blockchain model, per the CNF report.

Recently, IOTA has put a major focus on enhancing trust and security, especially for its Identity wallets, per the CNF report.

Also,the European Identity Wallet seeks to transform the Identity verification process by allowing users to log into websites without passwords while securely sharing verified information with simplicity.

In collaboration with the European Commission, IOTA has introduced a new prototype solution using distributed ledger technology (DLT) in order to boost the management of the intellectual property rights marketplace while allowing users to utilize automated, transparent digital contracts, eliminating the need for traditional negotiations, reported CNF.

@ Newshounds News™

Source:

Crypto News Flash

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Cardano Founder Charles Hoskinson Launches $1 Million Bug Bounty Challenge Ahead of the Chang Hard Fork

▪️Charles Hoskinson, Cardano’s co-founder, has announced a $1 million prize for hackers who successfully breach its newly introduced Lace Paper Wallet.

▪️At the Rare Evo 2024 event, Hoskinson highlighted the upcoming Chang hard fork and the transition to the Voltaire Era.

Cardano’s (ADA) Charles Hoskinson has announced a $1 million bug bounty challenge to the ADA community pending the implementation of the long-awaited Chang Hard Fork.

Speaking at the recentRare Evo 2024 event, Hoskinson announced that the newly introduced Lace Paper Wallet would be the object at the center of this challenge, with participants expected to breach its defense.

The Lace Paper Wallet Bug Bounty Program would run until the end of 2024, or someone successfully breaches its security andretrieves the Non-Fungible Tokens (NFT) inside.

The Web3 wallet was developed by Cardano’s (ADA) parent company, Input Output Global (IOG), with Paper Wallet integrated to beef up its security. According to reports, the added features would enable users possessing PGP keys to use a single encrypted QR code to restore their wallet.

This is, I think, the most secure paper wallet ever generated in the history of our industry.

In a video posted on X on August 17, Hoskinson expressed confidence in the wallet, boasting of its protection against attacks that encourage malicious actors to gain control of private keys to facilitate an authorized transaction.

Hoskinson Highlights Other Updates in the Cardano

At the Rare Evo 2024 event , Hoskinson highlighted the demonstration of the powerful scaling solution, Hydra,featuring the classic game “Doom”.

According to experts, this underscores its capabilities of handling high-throughput, real-time applications. Also, the expected Voltaire Era, which the Chang Hard Fork would introduce, was highlighted.

As we explained earlier, this upgrade would transfer governance controls to the community. According to Cardano’s Emurgo,the first phase was initiated in July 2024 with the next part expected in the fourth quarter of 2024 (Q4 2024).

The Chang Hard Fork is a technical component of the Voltaire era of the Cardano roadmap, which focuses on implementing a sustainable and distributed governance framework. With the first part set to be initiated in July 2024, the next part of the Hard Fork upgrade is set to happen by Q4 of this year.

The second phase would mark the full-force decentralized governance and an exit from the technical bootstrapping phase. The Delegate Representatives (DReps) are also expected to be introduced as a governance body.

In addition to the possibility of the SPOs voting on governance actions,a Constitutional Committee would be online to grow membership above the seven of the interim committee.

Finally, the community will take charge of the Treasury withdrawal.

Cardano users will be able to propose treasury debits via governance actions.The three bodies (Constitutional Committee, DReps, and SPOs) will vote on them, and if approved, ADA will be moved out of the treasury.

From that point forward, the future of the Cardano blockchain will be in the hands of its community, along with its power to draft and ratify the Cardano Constitution.

This will mark a monumental step not only for the network but also for the blockchain industry as a whole, as Cardano will be the first truly distributed and community-run blockchain network.

At press time, ADA was trading at $0.33, having declined by 2% in the last 24 hours.

@ Newshounds News™

Source:

Crypto News Flash

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In Numbers.. The Central Bank Buys Dollars From The Ministry Of Finance In An Unprecedented Move Since 2003

Time: 2024/08/19 Read: 3,055 times {Economic: Al Furat News} An economic expert revealed an “unprecedented” figure for the value of the dollars purchased by the Central Bank of Iraq from the Ministry of Finance during the month of July.

"The Central Bank of Iraq purchased $9.6 billion from the Ministry of Finance in July 2024, the highest value since the bank began purchasing dollars from the ministry in 2003," Manar Al-Obaidi said in a statement received by {Euphrates News}.

He added, "The purchases did not exceed this value during the past ten years except once in October of last year, at $10 billion."

In Numbers.. The Central Bank Buys Dollars From The Ministry Of Finance In An Unprecedented Move Since 2003

Time: 2024/08/19 Read: 3,055 times {Economic: Al Furat News} An economic expert revealed an “unprecedented” figure for the value of the dollars purchased by the Central Bank of Iraq from the Ministry of Finance during the month of July.

"The Central Bank of Iraq purchased $9.6 billion from the Ministry of Finance in July 2024, the highest value since the bank began purchasing dollars from the ministry in 2003," Manar Al-Obaidi said in a statement received by {Euphrates News}.

He added, "The purchases did not exceed this value during the past ten years except once in October of last year, at $10 billion."

Al-Obaidi explained, "Thus, the rate of dollar purchases from the Central Bank for the year 2024 has reached $5.9 billion per month, the highest over the past ten years, with an annual growth rate of 10%. The growth rate had previously risen in 2023 to 20%."

He attributed "this increase in purchases to the Ministry of Finance's need for local currency to cover its increasing expenses over the past years, especially with the increase in operating spending and raising the level of spending in the 2023, 2024 and 2025 budgets."

Al-Obaidi expected that "this rate will rise in the coming months with the Central Bank's inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry's expenditure needs." LINK

Iraqis...Saving In Gold Instead Of The Dollar

Time: 08/18/2024 Read: 1,859 times {Economic: Al-Furat News} Iraqis tend to save in gold instead of the dollar, which causes its continued rise in the local market.

Economist Salah Nouri told Al-Furat News:

“Gold for government institutions and individuals is an investment haven as an alternative to the dollar in the event that the price of the dollar rises.” He stressed, "The increasing demand for gold leads to a continuous rise in its price."

According to Nouri’s statement, “There is almost certain information that the situation is intertwined between some citizens’ tendency to save in gold instead of dollars, and others to smuggle it out of Iraq after the difficulty of dollar transfers.”

While experts believe that citizens resorting to buying gold is due to the weakness of the banking system.

This was confirmed by financial affairs expert Mustafa Hantoush, saying that the

reason citizens resort to buying gold bullion to save their money is as a result of the

weakness of the banking system,

lack of confidence in this system, and

fear for their money due to American sanctions.

This is why we see the majority of Iraqis turning towards gold bullion, especially in light of the rise in prices.

The yellow metal and this price is stable and does not fluctuate like the dollar.

Today, Sunday, gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, recorded a selling price of 21 karat gold from Gulf, Turkish and European gold at 531 thousand dinars, and a purchase price of 527 thousand dinars.

The selling price of one mithqal of 21 carat Iraqi gold was recorded at 501 thousand dinars, and the purchase price reached 497 thousand.

Regarding gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold mithqal ranges between 535 thousand and 545 thousand dinars, while the selling price of an Iraqi gold mithqal ranged between 505 thousand and 515 thousand dinars.

As for gold prices in Erbil, 24-karat gold sold for 605 thousand dinars, 21-karat gold sold for 530 thousand dinars, and 18-karat gold sold for 455 thousand dinars. https://alforatnews.iq/news/العراقيون-الادخار-بالذهب-بدلاً-من-الدولار

Social Impacts Of Economic Transformations

Economical 08/19/2024 D. Sorour Muhammad Khalil Saghir

It is noted that the current economic transformations that Iraqi society is witnessing, which include the intervention of capitalism in our economy, have greatly affected the labor market.

These transformations are represented by fluctuations in oil prices and the trend towards globalization and digitalization, which resulted in noticeable changes in the structure of the family and the roles of its members, because with the entry The digital economy and the global market. Fluctuations in oil prices have increased economic instability and reduced job opportunities, which has burdened families with financial pressures.

These pressures increase with rising unemployment rates, which may contribute to family disintegration.

Because of the difficulty of meeting life needs, which is witnessed by the majority of Iraqi families, as it causes a change in the distribution of roles within the family; Because individuals need to work more to support the family or adapt to unstable sources of income, individuals must adapt and focus on professional success and achieving financial independence.

As a result, we are now witnessing an increase in the participation of Iraqi women in the labor market to support the family financially.

Many of them entered the fields of handicrafts, product marketing, and self-employment in many fields, and

this change resulted in an unprecedented movement for women, which led to changes in the traditional roles within the Iraqi home, so the role of women in supporting the family economy became clear, and at the same time

This places a great burden on them, as the majority of working Iraqi women face difficulties in achieving a balance between work and family obligations, which affects their quality of life, in addition to social and cultural restrictions that affect their opportunities for professional advancement and financial independence.

Therefore, I will discuss the impact of these economic transformations in more depth, based on the vision of sociologist Ali Al-Wardi, who pointed out that economic changes play a major role in shaping the social structure and interactions within the family, such as the transition from the traditional economy to a more modern economy, as Iraqi families face... New challenges include changes in lifestyle, increasing financial pressures, and a change in traditional social roles.

These transformations have increased the gap between generations, as the younger generation adopts new lifestyles and concepts that differ from those adopted by previous generations.

In short, it can be said that the current economic transformations contribute In reshaping the social structure of the Iraqi family, where crises are dealt with in new ways that may redefine family relationships and social roles,

therefore, adapting to economic changes requires a flexible response from Iraqi family members, and to address the negative effects of economic transformations in the Iraqi family, a group can be considered:

Strategies that address various aspects of family life, including the

first aspect: the role of the government in improving the education system, because education must be in line with the needs of the labor market, which requires actual application, because it is not logical for medical colleges to graduate large numbers of students annually.

Public and private universities, which are not compatible with the needs of the labor market, which leads to exacerbation of the dysfunction in Iraqi institutions. The second aspect: enhancing cooperation between educational institutions, companies and ministries.

From these companies, young people can gain practical experiences during their studies, which improves their employment opportunities after graduation. As for The

third aspect is the role of local authorities in providing successful programs to support low-income families or those affected by economic transformations, by providing direct financial aid or support in the form of soft, interest-free loans.

All of this can reduce the financial pressures that families face and contribute to Its economic and social stability. The

fourth aspect is providing free education and vocational training, which play a vital role in addressing the negative economic impacts, by directing individuals towards acquiring new skills that are in line with the requirements of the modern market.

finally; Economic policies must focus on achieving sustainable and comprehensive development, by adopting policies that encourage investment in small and medium enterprises.

This will enhance local economic growth and create new job opportunities, which contributes to improving the economic situation of families in the long term, and contributes to achieving a balance between growth and development. Economic and protection of vulnerable groups to ensure family stability in light of the current economic transformations. https://alsabaah.iq/101272-.html

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

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They’re Now Staging A Banking Collapse, Why Did Warren Buffett Sell $50B in Stocks??

Atlantis Report: 8-18-2024

Recently, there has been a lot of talk in the financial world about big stock sell-offs by well-known investors, including Warren Buffett.

Often called the "Oracle of Omaha" because of his exceptional investing skills, Buffett's actions in the stock market are closely followed and considered as signs of wider economic trends.

They’re Now Staging A Banking Collapse, Why Did Warren Buffett Sell $50B in Stocks??

Atlantis Report: 8-18-2024

Recently, there has been a lot of talk in the financial world about big stock sell-offs by well-known investors, including Warren Buffett.

Often called the "Oracle of Omaha" because of his exceptional investing skills, Buffett's actions in the stock market are closely followed and considered as signs of wider economic trends.

The news that Buffett's company, Berkshire Hathaway, sold off over $50 billion in stocks has caused a lot of discussion in the investment community, leading to speculation about the reasons behind these decisions and what they might mean for the global economy.

In the last several months, Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has sold over $50 billion worth of stocks, including massive chunks of Bank of America and Apple shares. Warren Buffett's recent stock sales are significant not only because of the sheer volume but also because of the companies involved.

In May, Buffett sold $21 billion worth of Apple stock, and later, in December, he sold another $28.7 billion of other stocks. This follows a sale of $2.3 billion worth of Bank of America stock earlier in the year.

Combined, these sales surpass $50 billion, a staggering amount that has left many financial analysts and investors scratching their heads.

Buffett is not alone in his massive stock sell-off. Jamie Dimon, CEO of JP Morgan Chase, the largest bank in the world, sold $140 million worth of his own stock in the bank. This is notable as it is the first time in his 18-year tenure that he has sold such a significant portion of his holdings.

Other high-profile CEOs and founders, including Jeff Bezos, Elon Musk, Mark Zuckerberg, and members of the Walton family, have also been selling off large amounts of stock.

https://www.youtube.com/watch?v=Tz0OouNvdi0

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

TNT:

Tishwash: Government Advisor: “Petro Dinar” Requires Good Stock of Foreign Currencies and Gold

The Prime Minister's advisor for financial affairs, Mazhar Muhammad Salih, explained today, Sunday, that "the adoption of the dinar in pricing oil, or what is called (petro dinar), requires, first of all, the availability of foreign reserve currencies or gold, as Russia did when it purchased Russian oil with gold-backed rubles, which caused problems that we will discuss later."

He added in press statements that "these foreign reserves must be available (as a necessary condition) and operate according to a high standard of efficiency that guarantees the stability of the exchange rate linked to oil (the petro dinar) in order to hedge against oil price fluctuations to ensure the stability of the exchange rate (the petro dinar) itself."

TNT:

Tishwash: Government Advisor: “Petro Dinar” Requires Good Stock of Foreign Currencies and Gold

The Prime Minister's advisor for financial affairs, Mazhar Muhammad Salih, explained today, Sunday, that "the adoption of the dinar in pricing oil, or what is called (petro dinar), requires, first of all, the availability of foreign reserve currencies or gold, as Russia did when it purchased Russian oil with gold-backed rubles, which caused problems that we will discuss later."

He added in press statements that "these foreign reserves must be available (as a necessary condition) and operate according to a high standard of efficiency that guarantees the stability of the exchange rate linked to oil (the petro dinar) in order to hedge against oil price fluctuations to ensure the stability of the exchange rate (the petro dinar) itself."

“Linking oil sales to the dinar on a fixed basis with oil prices instead of the foreign reserves base means linking the dinar to the oil asset cycle first, and that oil is sold according to global oil prices. If the exchange rate of the dinar (petrodinar) against the (petrodollar) is fixed, and oil prices fall, then the demand for the dinar for accounting purposes will certainly fall, and the dinar will be exchanged for oil in larger quantities and the demand for the (petrodinar) will be lower, and vice versa,” he added.

He pointed out that "any deviation between oil prices (petrodollar) and the exchange rate (petrodinar) according to international market data will be considered a cost that requires compensation by paying fewer dinars or collecting a higher dinar in the opposite case," indicating that "international reserve currencies are foreign currencies held by central banks and global financial institutions as part of their cash reserves. These currencies are used in international transactions and settling debts between countries, and are a standard for international payments and facilitating global trade." link

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Tishwash: Parliament falsifies the budget again.. Al-Mandlawi may lose his position!

MP Basem Khashan confirmed the possibility of terminating the membership of the acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, if the charges of tampering with the budget tables that were recently revealed by the Prime Minister’s Office are proven, noting that the parliament committed legal violations in amending the budget tables and they were on their way to being published and implemented had it not been for the government’s scrutiny, indicating that many MPs were subjected to deception in this file.

The Council of Ministers had spoken of an increase of 15 trillion dinars in the last tables, and it was not included in the agreement, discussions and voting, requesting a re-audit.

Khashan said, in an interview with the media figure Ahmed Mulla Talal:

The budget tables sent by the Council of Ministers were changed and their allocations were manipulated in the House of Representatives in an illegal manner.

The forged schedules would have been published and implemented had it not been for the Cabinet's scrutiny.

Most of the budget schedules have been changed, and the process has been carried out by ignoring a large number of parliamentarians.

The legal violations committed by the House of Representatives in amending the budget tables are countless and are considered a major crime.

The funding for the ration card basket has been increased to 5 trillion dinars for contracts that include major problems.

Manipulation and alteration operations can be legally classified under the crimes of alteration with the intent to defraud, regardless of the size of the amounts and figures that were manipulated.

The acting Speaker of the House of Representatives is responsible for tampering with the budget tables sent to the Cabinet.

The Federal Court can terminate Mohsen Al-Mandalawi’s membership, if the charges of manipulation are proven. link

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Tishwash: Iraq: Qusay Shafiq reveals major financial scandals and demands investigation

Public money scandals continue in Iraq

Dr. Qusay Shafiq, a well-known activist on social media, sparked widespread controversy after revealing huge financial scandals related to the management of public funds in Iraq. He accused the government and parliament of manipulating the financial budget tables, wondering about the fate of tens of billions of dollars that were not spent transparently.

Shafiq referred in a tweet onthe “X” websiteto what he described as the “theft of the century,” which the Integrity Commission estimated at $2.5 billion, equivalent to 4 trillion Iraqi dinars. However, he expressed his surprise at the large gap between this figure and the ongoing corruption in manipulating the budgets of recent years, as he revealed that the manipulation of the 2024 budget tables reached about $10 billion.

In a related context, Shafik touched on the Food Security Law, noting that about $20 billion has been allocated to it, but he wondered about the entities that monitored the disbursem*nt of this money, stressing that the Ministry of Finance and the Central Bank have not received any of this money so far. He added, “$10 billion was spent on infrastructure projects, but where did the remaining $10 billion go?”

Shafik discussed the budgets of previous years, including the budgets of 2014, 2020, 2022, and 2023, noting that no funds were disbursed to the governorates from the 2023 budget. This raised questions about how the authorities deal with public funds, especially in light of the Central Bank’s report, which indicated that the cash reserve had not increased despite the significant rise in oil prices due to regional conflicts.

Qusay Shafiqconcludedhis statements by calling for a comprehensive investigation into previous financial deals, stressing that the people’s money is a trust that must be preserved. These statements come at a time whenIraqis witnessing increasing pressure from citizens and international observers, who are demanding greater transparency and accountability in the management of public funds.

Shafiq's statements are a strong call for regulatory bodies and government authorities to take urgent action to curb corruption and clarify the fate of the allocated funds, as the Iraqi people await answers on how their financial wealth is managed. link

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Tishwash: Urgent In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003

An economic expert revealed an “unprecedented” figure for the value of the dollars purchased by the Central Bank of Iraq from the Ministry of Finance during the month of July.

The Central Bank of Iraq purchased $9.6 billion from the Ministry of Finance in July 2024, the highest value since the bank began purchasing dollars from the ministry in 2003," Manar Al-Obaidi said in a statement received by {Euphrates News}.
He added, "The purchases did not exceed this value during the past ten years except once in October of last year, at $10 billion."

Al-Obaidi explained, "Thus, the rate of dollar purchases from the Central Bank for the year 2024 has reached $5.9 billion per month, the highest over the past ten years, with an annual growth rate of 10%. The growth rate had previously risen in 2023 to 20%."

He attributed "this increase in purchases to the Ministry of Finance's need for local currency to cover its increasing expenses over the past years, especially with the increase in operating spending and raising the level of spending in the 2023, 2024 and 2025 budgets."

Al-Obaidi expected that "this rate will rise in the coming months with the Central Bank's inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry's expenditure needs." link

Mot: . Better safe than sorry

Dinar Recaps Blog Page — Dinar Recaps (2)

Mot: pickles loves cheese

Dinar Recaps Blog Page — Dinar Recaps (3)

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

Coffee with Zester

Some highlights by PDK-Not verbatim

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: GM Zester, mods, and RV family

Zester I am hoping this is the week we are all blessed.

Zester: Pops (MarkZ) is currency undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep pops in your thoughts and prayers.

Coffee with Zester

Some highlights by PDK-Not verbatim

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: GM Zester, mods, and RV family

Zester I am hoping this is the week we are all blessed.

Zester: Pops (MarkZ) is currency undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep pops in your thoughts and prayers.

Zester: MilitiaMan gave a great update on articles last night (Be sure to go listen)

Zester: “ CBI sells $271 million in forex on Monday” This is $271 million dollars for Iraqi dinar. This is a regular occurance via the auctions. This article

Zester We are expecting a bond update tomorrow mid-day.

Member: Anyone else think it would be massively ironic if the RV happened while MarkZ is away?!

Member: Zester- when do you think the RV will happen?

Zester: I always thought it would be great fun for it to happen while pops is on a break…keeping my fingers crossed it happens in the next couple of days…but, no one knows…..If it was my choice it would have happened years ago. But I am confident it will happen.

Member: MarkZ said on Saturday to watch today and tomorrow for possible big bond news…..so thanks Zester for keeping us posted.

Member: IMO it will happen between today and Weds. Watch for something big to happen today

Member: IMO- Iraq wants its money valued as high as possible in order to benefit its people and to entice other countries’ to invest in Iraq and be willing to bring heavy equipment to build buildings, bridges

Member: Zester thank you for your dedication and hard work

Member: Prayers for pops…..for healing and recovery….everyone have a great day.

Stacie Z joins the stream today . Be sure to listen to the replay for her information

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

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

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

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

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

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

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

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

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

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

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 19 Aug. 2024

Compiled Mon. 19 Aug. 2024 12:01 am ESTby Judy Byington

Global Currency Reset: (Rumors/Opinions)

Sat. 17 Aug. 2024 Wolverine: “It’s all coming through this next week. Exciting things have happened, but I’m not allowed to say what. People are expecting something Sun. night 18 Aug. Just to let you know guys is to get ready. I’m sorry that I can’t say anything as everyone is under total NDA now and soon I will be as well. That opera will be release any day now.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 19 Aug. 2024

Compiled Mon. 19 Aug. 2024 12:01 am ESTby Judy Byington

Global Currency Reset: (Rumors/Opinions)

Sat. 17 Aug. 2024 Wolverine: “It’s all coming through this next week. Exciting things have happened, but I’m not allowed to say what. People are expecting something Sun. night 18 Aug. Just to let you know guys is to get ready. I’m sorry that I can’t say anything as everyone is under total NDA now and soon I will be as well. That opera will be release any day now.

Wolverine cont…….Thank you for all the support you have all given me as this is one of the most hardest things that I have done in my life as it has control our way of life for years and played with our emotions. We have seen so many of our compatriots that did not make it and thankfully their family will cross the finish line for them. During this journey I never thought that I was going to be attacked viciously and even to this day the attacks are still continuing.

I know within my heart that I’m doing God’s work and that too many of you are suffering and you need hope and a messenger to know what is going on. As soon as I’m under NDA you won’t hear from me anymore but my job has been completed and I can leave with good conscience that I have done everything possible to help you.

The opera will be release once I receive the green light. Don’t forget the Get Together in February 2025 here in Sydney as we are planning to have the biggest party that Sydney has ever held with all these patriots coming from so many countries. Remember that it’s going to be a gala night and so wear your best clothes everyone. I’ll let you all know the day and the address of the Get Together. Love you all. Your friend Wolverine.”

~~~~~~~~~~

Sat. 17 Aug. 2024 Free and Easy Missouri on Telegram Fri. 16 Aug. 2024: On Fri. 16 Aug. we were told it would go between 12 noon and 12 midnight. It did go through so you know some people got paid yesterday. Banks were putting it in to make sure it would go. This morning Sat. 17 Aug. there are people getting paid. Certain people have privileges that you don’t have yet. Some will be elevated there by Mon. 19 Aug. Should have 800#s tonight after 5 pm. The system is live and it’s working. If not tonight, then we’ll start tomorrow morning.

Fri. 16 Aug. 2024 TNT Tony: “The system is live and working. People high up exchanged Thurs. 15 Aug. and Fri. 16 Aug. The system is working. We are hours maybe a day away. Iraq officially RV’d with a Rate of $3.19, Contract Rate $28.50 after Banks closed Sat. 17 Aug.Tier4b (us, the Internet Group) will be notified Mon. 19 Aug. with exchanges beginning Tues. 20 Aug.”

Fri. 16 Aug. 2024 MarkZ: Mark was hearing the process was underway. More bond contacts continuing to anticipate payments through the weekend. One large group in Reno is expectant but hasn’t started yet. Redemption Centers on standby. Mark suggested things could very well start this weekend but don’t be disappointed if it takes an extra day or two.

Thurs. 15 Aug. 2024 Bruce: “The USN will be on the Forex Sun. night 18 Aug. and will be seen on bank screens Mon. morning 19 Aug. Tier4b(us, the Internet Group) should get notified sometime by Tues. 20 Aug. 2024.Tier 4b exchange/redemption appointments should start by Wed. 21 2024.”

Thurs. 15 Aug. 2024 Farm Claims liquidity, Ginger’s Liberty Lounge: Reports regarding Farm Claims settlements being paid are accurate; and this is a very nice item which we can happily check off our “non negotiable list”. I was unable to share the exact details from my own confirmed contact, so I am sharing this other news passed along from someone else. 8.14.24. Lamb: “I just got off the phone with a friend of mine, she told me that her friend that had registered with the farm claim packages … He woke up to $500,000 in their bank account with no explanation, no nothing, he showed her the bank statement and knows this other person had “no pot to piss in” before (per se). So the statement about farm claims being paid is 100%.”

Fri. 16 Aug. 2024 RV Highlights: Nesara will be announced first. This way the PUBLIC (everyone) will receive financial relief from debts.The RV will also be released QUIETLY for T4b for us to revalue. Once 4b is done or nearly done, then the public will commence on their exchange. The purpose of the NDA is to keep T4b mouths shut (or their funds will be clawed back) regarding the amount of rates being paid out because the PUBLIC will NOT be receiving the same high rates.This is to keep the PUBLIC for being upset and causing backlash.

Sat. 17 Aug. 2024: BOOOM!!! A Comprehensive Disclosure of the NESARA/GESARA Global Economic System: Exploring the Benefits of a 100% Gold Asset-Backed Currency, Price Discovery, and… – amg-news.com – American Media Group

~~~~~~~~~~

Global Financial Crisis:

Sat. 17 Aug. 2024 Yesterday, 53 years ago, the United States temporarily suspended the dollar’s convertibility to gold. The world is still waiting. Today, we witnessed history. Interesting coincidence.https://x.com/goldtelegraph_/status/1824637729361006968?s=46

Sat. 17 Aug. 2024 Rite Aid Shuts Down All Stores in Two States, Leaving Tens of Thousands Scrambling for Essential Medications. Rite Aid has announced the closure of all its stores in Michigan and Ohio, following a staggering total of over 856 store closures since filing for Chapter 11 bankruptcy in October 2023. https://www.thegatewaypundit.com/2024/08/rite-aid-shuts-down-all-stores-two-states/

Sat. 17 Aug. 2024: Iranian banks hit by MAJOR CYBERATTACK after Supreme Leader Ayatollah Ali Khamenei promised retaliatory attack against Israel https://www.newstarget.com/2024-08-16-iranian-banks-hit-by-major-cyberattack.html

Read full post here: https://dinarchronicles.com/2024/08/19/restored-republic-via-a-gcr-update-as-of-august-19-2024/

***********

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

Mnt Goat Article quote: “that the government is demanding guarantees for non – substituent currency back to the markets”. This means the reinstatement back to the FOREX trading markets. The CBI wants guarantees that once they begin the process of the Project to Delete the Zeros, it will go all the way to the reinstatement. So is this not what my CBI contact also told us?

Militia Man

Just because you've been in it 20 years doesn't mean anything to me. I love you and I care about that. I respect it but if you're down and out all the time and you're saying, 'I've heard this before.' It's not true. Don't lie to yourself. All this data we're having right now is fresh. It's new. It's totally different than it was 20 years ago, 10 years ago, since Sudani got in office...Everything we're showing is in black and white. A lot of people out there have a darn good idea that change is coming...

WARNING: Banks Are Preparing for an Imminent Banking Crisis as Property Foreclosures Soar

Lena Petrova: 8-18-2024

https://www.youtube.com/watch?v=K5L_8P9AQJA

ANOTHER Recession Indicator Has Been TRIGGERED!

Lynette Zang: 8-17-2024

In today's video we are talking about the SAHM rule being triggered due to the recent rise in unemployment and what that means for you and your money...

https://www.youtube.com/watch?v=APZ5QkP4uPc

Read More

Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20

Iraq Dinar News - IQD Update -Central Bank of Iraq - WTO - Remove Zeros? - PetroDinar - 1st mention

MilitiaMan and Crew: 8-18-2024

The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

Iraq Dinar News - IQD Update -Central Bank of Iraq - WTO - Remove Zeros? - PetroDinar - 1st mention

MilitiaMan and Crew: 8-18-2024

The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=VjS_n6sh4Pg

Read More

Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

I Just Received A $10M Inheritance What Should I Do?

Christy Bieber Sun, August 18, 2024 Moneywise

I'm 31, single and just received a $10M inheritance from a parent I didn't know I had — what should I do?

A caller to "The Ramsey Show" experienced a shocking twist when his mom showed up on his doorstep to tell him the two of them had just inherited a fortune — but the news also delivered a major curveball.

"A family friend who she’s known for a long time passed away," the caller told co-hosts George Kamel and John Delony. "This individual left my mother and myself in his will, and according to the lawyer who's handling the estate, it’s worth between $10 million and $14 million."

That sounds like a good thing, but there was more to come. As the caller explained: "In the will, he’s designated me as his son. I’ve never met this man, never met him before in my life."

I Just Received A $10M Inheritance What Should I Do?

Christy Bieber Sun, August 18, 2024 Moneywise

I'm 31, single and just received a $10M inheritance from a parent I didn't know I had — what should I do?

A caller to "The Ramsey Show" experienced a shocking twist when his mom showed up on his doorstep to tell him the two of them had just inherited a fortune — but the news also delivered a major curveball.

"A family friend who she’s known for a long time passed away," the caller told co-hosts George Kamel and John Delony. "This individual left my mother and myself in his will, and according to the lawyer who's handling the estate, it’s worth between $10 million and $14 million."

That sounds like a good thing, but there was more to come. As the caller explained: "In the will, he’s designated me as his son. I’ve never met this man, never met him before in my life."

Talk about a life-changing moment. Not only does the caller have some emotional issues to deal with, he also has to figure out what to do with his share of sudden wealth.

Understanding The Details

Receiving a multimillion-dollar inheritance can be overwhelming to anyone, especially when it's unexpected. The first key thing to do is to understand the details of what this means for your finances.

In this particular situation, the caller explained he wouldn't just be handed the money.

"We won’t necessarily be able to collect the liquid cash," he said. Instead, the money is being kept in a trust and will be doled out over time. "Me and my mom are splitting the dividends, the interest, and whatever income that trust brings in.”

The caller says the trustee, who was the deceased man's lawyer, estimates the average income would be $500,000 a year.

Obviously, this is a complicated way of receiving an inheritance, so the first thing The Ramsey Show co-hosts recommended was talking to a lawyer.

https://www.yahoo.com/finance/news/im-31-single-just-received-113500654.html

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

Good Morning Dinar Recaps,

U.S. Government’s Crypto Holdings: Everything You Must Know

Arkham Intelligence shows that a wallet tied to the U.S. government is sitting on a hefty stash of cryptocurrency. A massive fortune can heavily influence the markets, and we have previously seen how the German Government’s Bitcoin sell-off affected the markets. Amid the political drama and crypto confusion, let’s find out how much the U.S. Government holds.

Good Morning Dinar Recaps,

U.S. Government’s Crypto Holdings: Everything You Must Know

Arkham Intelligence shows that a wallet tied to the U.S. government is sitting on a hefty stash of cryptocurrency. A massive fortune can heavily influence the markets, and we have previously seen how the German Government’s Bitcoin sell-off affected the markets. Amid the political drama and crypto confusion, let’s find out how much the U.S. Government holds.

Dinar Recaps Blog Page — Dinar Recaps (4)

When we say hefty, think 203,200 BTC, which clocks in at roughly $12 billion, along with 50,200 ETH, worth around $130 million. On top of that, the address holds 750.7 wBTC, valued at about $44.41 million, plus a variety of other tokens. Altogether, the total value of the assets is estimated to be around $12.4 billion.

Jackson Hole Symposium

@ Newshounds News™

Read More:https://telegra.ph/Jackson-Hole-Symposium-08-19

~~~~~~~~~

Mastercard to cut around 1000 jobs - Bloomberg

@ Newshounds News™

Source:

https://telegra.ph/Mastercard-to-cut-around-1000-jobs---Bloomberg-08-19

~~~~~~~~~

Jackson Hole Economic Policy SymposiumThe 2024 Economic Policy Symposium. "Reassessing the Effectiveness and Transmission of Monetary Policy," will be held Aug. 22-24.

@ Newshounds News™

Source:https://telegra.ph/Jackson-Hole-Addressing-policy-challenges-and-marking-milestones-08-19

~~~~~~~~~


Crypto Market Jitters Amid Political Drama

This discovery comes at a rather tense time, with the U.S. political landscape adding more fuel to the already unpredictable crypto market. Vice President Kamala Harris has thrown her support behind the digital currencies, echoing the vision of the Democratic President-Elect.

But here’s the kicker: the current administration doesn’t seem to be on the same page. The government’s recent $2 billion crypto sell-off has stirred the pot, contradicting the pro-crypto stance many expected.

@ Newshounds News™

Source:

Crypto News

~~~~~~~~~

Dubai court recognizes crypto as a valid salary payment

UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.

In a significant update to the United Arab Emirates’ judiciary approach to crypto, the Dubai Court of First Instance recognizes salary payments in crypto as valid under employment contracts.

Irina Heaver, a partner at UAE law firm NeosLegal, explained thatthe ruling in case number 1739 of 2024 shows a shift from the court’s earlier stance in 2023, where a similar claim was denied because the crypto involved lacked precise valuation.

Heaver believes this shows a “progressive approach” to integrating digital currencies into the country’s legal and economic framework.

Dubai court recognizes inclusion of tokens in salary

Heaver said thatthe case involved an employee who filed a lawsuit claiming that the employer had not paid their wages, wrongful termination compensation and other benefits.

The worker’s employment contract stipulated a monthly salary in fiat and 5,250 in EcoWatt tokens. The dispute stems from the employer’s inability to pay the tokens portion of the employee’s salary in six months.

In 2023, the court acknowledged the inclusion of the EcoWatts tokens in the contract. Still, it did not enforce the payment in crypto, as the employee failed to provide a clear method for valuing the currency in fiat terms.

“This decision reflected a traditional viewpoint, emphasizing the need for concrete evidence when dealing with unconventional payment forms,” Heaver said.

However, the lawyer said that in 2024, the court “took a step forward,” ruling in favor of the employee and ordering the payment of the crypto salary as per the employment contract without converting it into fiat. Heaver said:

“This decision reflects a broader acceptance of cryptocurrency in employment contracts and highlights the court’s recognition of the evolving nature of financial transactions within the Web3 economy.”

Heaver added that the court’s reliance on the UAE Civil Transactions Law and Federal Decree-Law No. 33 of 2021 in both judgments shows the consistent application of legal principles in wage determination.🍳

Far-reaching implications for UAE crypto adoption

According to Heaver,the decision also sets a positive precedent that encourages the further integration of digital currencies in everyday financial transactions.The lawyer believes that this fosters a more inclusive and innovative business environment. Heaver said:

“This ruling affirms that if an employment contract includes such terms, both the company and the employee must honor them.It is reassuring to see the court recognize that wages, whether paid in fiat or cryptocurrency, are the rightful entitlement of the employee for their agreed-upon work.”

Heaver added that it’s a win for employees and a significant step forward in the UAE’s journey toward becoming a digital economy leader.

@ Newshounds News™

Source:CoinTelegraph

~~~~~~~~~

Newshound's Currency FactsYoutubeandRumble
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Economics Dinar Recaps 20 Economics Dinar Recaps 20

"The Great Gold & Silver Rush of the 21st Century Is Here" | Mike Maloney LIVE | Rebel Capitalist 1

8-15-2024

Join us for an eye-opening live presentation with Mike Maloney, founder of GoldSilver.com and author of "Guide to Investing in Gold and Silver" and “The Great Gold & Silver Rush of the 21st Century”.

In this thought-provoking discussion, Mike delves into the fundamental distinction between money and currency. Discover the historical significance of gold as money and witness how the U.S. dollar has drastically lost its value over time.

"The Great Gold & Silver Rush of the 21st Century Is Here" | Mike Maloney LIVE | Rebel Capitalist 1

8-15-2024

Join us for an eye-opening live presentation with Mike Maloney, founder of GoldSilver.com and author of "Guide to Investing in Gold and Silver" and “The Great Gold & Silver Rush of the 21st Century”.

In this thought-provoking discussion, Mike delves into the fundamental distinction between money and currency. Discover the historical significance of gold as money and witness how the U.S. dollar has drastically lost its value over time.

Learn about Mike's journey into precious metals investment and how Robert Kiyosaki played a pivotal role in his career.

Explore the essential attributes of true money, including being a store of value, unit of account, and medium of exchange. Find out why gold has stood the test of time as a reliable store of value, while fiat currencies like the U.S. dollar continue to erode in value.

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

From Recaps Archives

The "Hidden Secrets of Money" series by Mike Maloney

Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney

https://youtu.be/DyV0OfU3-FU?t=1

Seven Stages Of Empire - Hidden Secrets Of Money Episode 2 - Mike Maloney

https://youtu.be/EdSq5H7awi8?t=1

This Timeline Shows The Death Of The US Dollar As World Reserve - Hidden Secrets Of Money Episode 3

https://youtu.be/y-IemeM-Ado?t=1

The Federal Reserve: Biggest Scam In The History Of Mankind - Hidden Secrets of Money Ep 4

https://youtu.be/iFDe5kUUyT0?t=1

Where Does Money Come From? - Hidden Secrets Of Money Ep 5 - Mike Maloney

https://youtu.be/OQWMd_NPSBA?t=1

Top 4 Reasons For Deflation BEFORE Hyperinflation - Hidden Secrets Of Money Episode 6 (Mike Maloney)

https://youtu.be/8GP87dgTqF8?t=1

The Money Illusion - Hidden Secrets Of Money Episode 7 - Mike Maloney

https://youtu.be/P4_1pwsm5LY?t=1

From Bitcoin To Hedera Hashgraph (Documentary) Hidden Secrets Of Money Episode 8

https://youtu.be/SF362xxcfdk?t=1

Fall Of Empires: Rome vs USA (Hidden Secrets Of Money Ep 9)

https://youtu.be/OuOcnGAv4oo?t=1

American Bread & Circus (Hidden Secrets Of Money Ep 10) https://youtu.be/fiCKf7hfa*gk?t=1

Read More

Dinar Recaps Blog Page — Dinar   Recaps (2024)

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