Long-time fans of the Beatles might recall that bizarre episode in 1969 when a global conspiracy theory emerged that Paul McCartney had died in a car accident.
Conveniently for the “theorists,” Paul had decided to step away from the spotlight during the fall of 1969 to spend some time with his wife, Linda, and their newborn daughter, Mary.
Into this void poured an endless flood of mystical insights and pure nuttiness. The Abbey Road album cover provided some of the most memorable “proofs” of Paul’s untimely demise. One theory held that the cover photo of the four Beatles crossing Abbey Road was obviously a funeral procession, metaphorically speaking, in which Paul was obviously the metaphorically deceased.
Elsewhere in the same photo, the license plate of a nearby VW Bug provided corroborating evidence that Paul was dead. The auto’s plate read: LMW 28IF, which clearly stood for “Linda McCartney Weeps” because Paul would be “28, if” he was still alive.
Mercifully, Paul eventually emerged from seclusion to prove the conspiracists wrong… and he did so just as the Beatles were breaking up and going their separate ways. As a result, a kind of creative rebirth would soon begin for McCartney.
After his 1969 “death,” he would proceed to record another nine No. 1 hits and 14 other “Top 10” hits, including memorable ones like “Maybe I’m Amazed” and “Live and Let Die.”
For perspective, the Rolling Stones have scored only eight No. 1 hits during their five decades together. In other words, the 1969 vintage Paul McCartney had a lot of life left in him… and so does gold today.
Is Gold “Due” for a Rally?
Admittedly, the yellow metal is barely registering a pulse at the moment. Most of the wax figures inside Madame Tussauds Museum seem more vibrant and lifelike.
But that’s simply how gold behaves from time to time. It “does nothing” for such extended periods of time that investors begin to doubt it could fog a mirror.
Gradually, they turn their back on the comatose metal and leave it for dead. But that’s usually about the time it comes to life. In this way, gold is probably less like Paul McCartney than like a cicada — the insect that lies underground for years at a time before emerging and swarming around for a few weeks.
After gold’s decade-long dormancy from 1991 to 2001, for example, it suddenly sprung to life and soared 500% over the ensuing decade.
More recently, the gold price drifted 40% lower during the seven-year span from 2011 to 2018. But then it revived once again and rallied as much as 70% from its 2018 low.
That rally was probably the first phase of what will become a much bigger move. Now that the gold price has spent more than a year going nowhere, it has gained plenty of rest for its next major move higher.
Importantly, the last year of non-action has also fostered so much negative sentiment toward gold that, from a contrarian perspective, it is “due” for a rally. The gold market, just like the stock market, tends to lurch higher at the moments when most investors dismiss that possibility.
The present moment would certainly qualify. As the chart below shows, most folks want little to do with gold at the moment. On a net basis, investors have withdrawn more than $15 billion from the SPDR Gold Shares ETF (GLD) during the last 12 months. That’s the most rapid and sizeable retreat from this gold ETF since 2013.
To summarize today’s approximate investor attitudes, they like stocks, adore cryptos, and feel sorry for gold.
Such are the moments that often ignite a gold rally… especially if the yellow metal has a good reason to make a move, like if inflation is on the rise and/or government deficits are soaring.
Both of these trends are well-established today… and they are both intensifying.
After topping $4 trillion last March, the 12-month federal deficit has declined to “just” $2.8 trillion — a number that is equal to 12.5% of U.S. GDP.
That’s a big number.
Meanwhile, the six-month average U.S. inflation rate is hitting its highest levels since “Dances With Wolves” won an Academy Award 30 years ago.
Historically, great, big governments deficits, coupled with great, big inflation readings, trigger great, big gold rallies. Perhaps this time is different. But there’s a reason why many seasoned investors say that “this time is different” is the most expensive phrase in finance.
Because it is.
Gold may not rally immediately, but I suggest pausing awhile longer before administering its last rites.
I realize that gold seems utterly irrelevant in a world dominated by Bitcoin and other cryptocurrency marvels. But I suspect the “barbarous relic” still possesses some relevance in the modern era… at least as a hedge against obvious risks like inflation, or against less obvious risks like a sudden stock market sell-off or a cryptocurrency flameout.
Every generation of investors contains a bunch of folks who pooh-pooh gold as a useless bauble. But history has not been kind to gold-haters; the naysayers usually encounter moments of regret.
Gold might seem as irrelevant today as a complete set of Encyclopedia Britannica. But don’t be surprised if it returns from irrelevance to score a few more “Top 10” portfolio hits in the future — perhaps something catchy like, “All You Need is Gold” or “While My Portfolio Gently Weeps.”
Bottom line: The hedge almost no one seems to want may still be one of the best ones to own during the uncertain times ahead.
…we heard from a very, very high military source that is well connected to this process. He is telling us that we could get notified between now let’s call it…tomorrow and Monday, the 31st…
We could get notified over the weekend. But it might not be until the 31st or the first which is Monday…get started on Tuesday, the first…
I think we’re all going to be very happy campers at the end of this month. And at the very beginning of August and I’m excited about that.
“The Text of the Baghdad-Kurdistan agreement on the implementation of the budget.”
This is a massive move forward and it looks like they have worked through the last of the HCL hold up stuff. Money and agreements- looks like things are moving.
They told us they are at least going 1 to 1 as a bare minimum. I still expect considerably higher.
Frank26 (KTFA)
The CBI is talking about the American dollar… Look, stop using it. If you stop using it you don’t have to worry about the exchange rate of the American dollar verse the Iraqi dinar...The value of the American dollar will drop like a meteor in the ocean. If you stop using the American dollars…the value of the dollar will go down and the value of the Iraqi dinar will go up.
Question: “Are they going to take the three zeros off of the 25k note? Are they going to take the three zeros off the exchange rate
?“
When you delete the three zeros from the official exchange rate of the Iraqi dinar with the CBI you automatically remove 3 zero currency notes from the street… .00085791 something like that this morning, if you take that decimal point and move it to the right three time you remove the three zeros. You’ve got about $0.86 cents, round off to a dollar…
That’s the whole project…They don’t take a pair of scissors and cut the three zeros from the 25k note...Electronically they remove the three zeros from the exchange rate which in turn stops the citizens from using the three zeros notes because the exchange rate does not work with 3 zero notes. What does this new exchange rate work with? The new lower denoms. The 1, 5, 10, 20…100…
Mountain Goat
The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday, measures that will contribute to the stability of the exchange rate, and…he also pointed out that the new proposed 20k note has been dismissed from printing
…we do not wish to expand the current categories, because the project to delete zeros still exists… All we can do is sit tight and wait. It is coming soon and this is yet another good sign that the new governor Ali Alaq is on the reform side and wants what we want.
MilitiaMan (KTFA)
…There’s a rate that’s being involved…to all these allocations that they’ll need for this ’23, ’24, ’25 budget, that hasn’t been exposed yet…We believe they are not going to go into an international market at 1310. If they could have done it already they would have done so…
Samson (KTFA)
Article: “The Central Bank of: Issuing a new denomination for the national currency is not on our agenda at the moment”
Judy Note: It appears that the Quantum Financial System will be fully integrated and running on the new secure Star Link Satellite System by Tues. 1 Aug. – the same date President Trump was expected to return to his duly elected office as President of the US.
Those in Tier4b (Us, the Internet Group) could expect to be notified to set redemption/ exchange appointments by Mon. 31 Aug, with appointments likely beginning on Tues. 1 Aug.
Prepare for activation of the Emergency Broadcast System in a version of Martial Law, which could shut down everything for up to a ten day period while documentaries are shown in eight hour segments 24/7. The purpose would be to educate the public about our new court and government systems including our God-given Freedoms as outlined in the original and inspired US Constitution.
Thurs. 27 July Bruce: Tier4b (Us, the Internet Group) will be notified to set our appointments sometime between Fri. 28 July and Mon. 31 July.NESARA should be announced to the US general public on Sun. 30 July, or Mon. 31 July. Restitution allowances will come out the first week of Aug. Those 60 and older can take it as a lump sum. Those younger will be paid out over ten years. Increases in SS up to $5,000 will supposedly start in Aug.The real president will be back in office by Tues. 1 Aug.
Wolverine: “Watch between now and Monday.”
The General Public Tier 5 could exchange currency at the new rates at a bank beginning on Thurs. 3 Aug. …Bruce
We are in a critical time frame window of the Great Wealth Transfer until Wed. 9 Aug. …Bo Polny
“The RV will happen after a Global Financial crisis.” …Charlie Ward
The New Financial System:GESARA, QFS, GCR/RV, ISO 20022, BASEL III, Protocol QFS 20, and DINAR – It’s All Connected!
A quarterly dividend payment from a high-quality stock may be as close to a sure thing as an investor can find on Wall Street. Even during periods of broad market weakness, the lower a stock's price falls, the higher its dividend yield rises.
Unfortunately, companies often cut their dividend payments as the first line of defense when times get tough, and many dividend stocks priced under $10 may not be safe investments. Investors buying cheap dividend stocks should always take a close look at the company's business fundamentals.
Here are seven of the best dividend stocks selling for less than $10, according to Morningstar:
Lloyds Banking Group is a diversified bank and insurance provider based in the U.K. Most bank stocks have taken a big hit in recent months following several U.S. regional bank failures and an emergency takeover of Credit Suisse Group AG (CS) by UBS Group AG (UBS). Lloyds is no exception. The stock is down 8.7% in the past three months through June 1. Analyst Niklas Kammer says Lloyds has a complex net-interest-income outlook, but its 19.1% return on tangible equity in the first quarter was impressive. Morningstar has a "buy" rating and $3.80 fair value estimate for LYG stock, which closed at $2.21 on June 1.
Banco Bradesco is one of Brazil's largest banks. Analyst Michael Miller says Bradesco's first-quarter financial performance was a "significant improvement" from its fourth-quarter performance. Recurring net income in the first quarter was down 37.3% from a year ago but up 168% on a quarterly basis. Miller says Bradesco is battling difficult economic conditions in Brazil, but its stock is undervalued. He says the Brazilian central bank appears to be making progress in bringing down high inflation, which should help support Bradesco's deteriorating credit quality. Morningstar has a "buy" rating and $3.70 fair value estimate for BBD stock, which closed at $3.17 on June 1.
Barclays is one of the largest U.K. financial services groups. Kammer says Barclays' 15% return on tangible equity in the first quarter was impressive, and the company's consumer, cards and payments businesses were particularly strong. In addition, Kammer says the company's corporate and investment banking businesses put up impressive numbers, and the bank's guidance for above 3.2% net interest margins is achievable. He says Barclays has a strong U.K. retail banking franchise and has a leading market share in credit cards. Morningstar has a "buy" rating and $10.10 fair value estimate for BCS stock, which closed at $7.65 on June 1.
Sirius XM Holdings is a leading provider of satellite and internet radio services, largely to the auto industry. Analyst Neil Macker says Pandora advertising revenue trends have been solid, and the platform is still benefiting from podcasting tailwinds. Macker says 37% of new-car buyers who receive a three- to 12-month free trial of SiriusXM convert their trial to a paid subscription, which accounts for the majority of its new subscribers. He projects the satellite service will continue to slowly expand over the next five years. Morningstar has a "buy" rating and $7.50 fair value estimate for SIRI stock, which closed at $3.70 on June 1.
Nomura is Japan's largest investment bank and brokerage. Analyst Michael Makdad says Nomura has a valuable brand in Japanese asset management. Makdad estimates the bank's domestic retail and asset management businesses have historically generated returns on equity well above 10%. He says Nomura holds roughly 30% of all client assets held in brokerage accounts in Japan, and the stock is more attractively valued than leading competitor Daiwa Securities. However, Makdad says Nomura needs to invest in digital products and services to secure younger customers. Morningstar has a "buy" rating and $4.50 fair value estimate for NMR stock, which closed at $3.56 on June 1.
Aegon is a Dutch insurance company that offers insurance, savings, pension and investment products and services around the world. The U.S. regional banking crisis has weighed on Aegon shares in 2023. However, analyst Henry Heathfield says the company reported impressive growth numbers in the first quarter. Sales in the U.S. workplace business roughly doubled year over year to $2.55 billion from $1.27 billion. Heathfield says Aegon is focused on improving its balance sheet, increasing its strategic focus and improving its operational efficiency. Morningstar has a "buy" rating and $6.10 fair value estimate for AEG stock, which closed at $4.49 on June 1.
Gap is a casual apparel and accessories retailer and owner of Old Navy, Gap, Banana Republic and other popular brands. Gap and other mall retailers have faced tremendous competitive pressures from Amazon.com Inc. (AMZN) and other online sellers in recent years, and analyst David Swartz says Gap has reported inconsistent results. However, Swartz says Gap has decent liquidity and the Old Navy brand is a solid business. He says the company's goal of reaching $10 billion in annual Old Navy revenue is achievable by the end of this decade. Morningstar has a "buy" rating and $23.50 fair value estimate for GPS stock, which closed at $8.08 on June 1.
Parliamentary Finance: Working With The Budget Law Will Contribute To An Increase In The Value Of The Dinar
Economy 12:28 - 2023-07-28 The Parliamentary Finance Committee confirmed that there is no official justification for the rise in the value of the dollar against the dinar, while attributing the occurrence of the problem to the lack of dollar supply and rumors prevailing in the market.
Committee member Dr. Nermin Maarouf said that the lack of dollar supply by the Central Bank and the rumors circulating in the market and social networking sites affected the decline in the value of the Iraqi dinar against the US dollar, but in conclusion there is no official decision to raise the value of the dollar against the dinar, suggesting the rise in the value of the dinar. In the near future.
The representative of the National Union parliamentary bloc added that the Iraqi government is forced to put the dollar in its possession from the sale of oil to the market and replace it with dinars, in order to distribute salaries and complete projects, which leads to an increase in the supply of the dollar in the market and thus a decrease in its value, noting that the entry into force of the budget law He, too, will contribute to the rise in the value of the dinar against the dollar, because according to the Federal Budget Law, the price of one hundred dollars has been set at one hundred and thirty thousand dinars.
Finance Minister Talking About The Tripartite Budget
Policy 2023/07/28 Number of readings: 264 Baghdad - Iraq today: Finance Minister Taif Sami Muhammad stressed the importance of completing the instructions for implementing the tripartite budget.
A statement by the ministry stated, “The Minister of Finance, Taif Sami Muhammad, stressed the importance of expediting the procedures for reviewing the instructions for implementing the federal general budget for the years 2023, 2024 and 2025 No. 13 of 2023, which was recently approved by Parliament, by redoubling coordination and cooperation efforts with all relevant agencies and institutions."
and emphasizing that support reaches those who deserve it, in addition to moving towards advancing sustainable development. Facing international and local economic challenges.
And she urged the Minister of Finance, according to the statement, "that the Ministry of Planning issues the necessary controls to facilitate the task of listing projects of an investment nature, as well as all listing requirements. It is noteworthy that the technical coordination meetings It has been continuing since the beginning of this week between the Ministry and the Instructions Implementation Committee, with the participation of representatives of all concerned authorities. LINK
Welcome, everybody to the big call tonight - it is Thursday, July 27th and you're listening to the big call. Appreciate everybody that's tuning in, around the globe. On Tuesday, we had 8.2 million confirmed listeners. And I don't know how many replays anywhere from a half million on up in replays. But that was in 102 countries. And tonight, I've been told because of the twin servos that have been installed, we'll be able to track eight different Starlink satellites and beam the call out to 179 countries tonight, right now, listening to the big call - simultaneous translation in 1.2 seconds from what I say to what you hear. So I'm excited about that. Excited about the reach and excited about the team that's putting that together.
So let's talk about the Intel.
Let me tell you guys what I'm hearing. Sue is going to be listening in - taking notes because this is really some good stuff - I'm trying to remember everything without interruption. Let's see if we can do this.
All right, the first part is we got some information from two bond pay masters and they have received information directly from Geneva where a lot of the bonds have been dealt with and paid out of.
So there's a thing called inter mediate funds - or introducers funds - these are Commission's that are paid to bondholders that have helped another person get their bonds hypothecated - getting it's like they make a commission on other people's bonds that they introduced to the system to have them handle.
Well, bondholders that are receiving those introducers commissions will receive emails to say that they have those funds available. They will receive the email for that on the 31st of July which is Monday - that will give them access to 100% of those introducers commissions on Tuesday, the first of August.
Now the regular bond fund and there's a change in here. Let's see if you guys pick it up.
The regular bond funds that the paymasters are dropping into the bondholders accounts for bonds sellers accounts - they will be notified about those on the first of August which would be Tuesday, and they will have access to - wait for it -- 10% -- not 1% -- 10% of their total bond funds on Wednesday. The second of August.
Now, that's a change from to go from 1% to 10% - that is huge. That is supposed to last them for the first 60 days and I'm sure it will.
Okay. Now what's also interesting about that is we have been told that the shotgun start we've referred to in the past would have a 12 hour or up to a 12 hour time difference between the time that the bond holders get those emails for liquidity -
Okay and I'm gonna say the intermediaries it's the full bondholders getting that and us setting our appointments.
Because remember, they're supposed to be essentially given the email to give them access funds, and we're supposed to be getting our emails to set up our appointments to go into our exchanges, that those two should occur within 12 hours of each other. So that's really very interesting.
Now. I'm going to explain it in good detail that for the bondholders is giving them access to 10% of their total bond funds on Wednesday. email to them should come on Tuesday.
Okay, the first that they should have access to funds on Wednesday, the second of August.
Now, we could be following a timeline parallel to this.
I'm going to back up a minute and say we heard from a very, very high military source that is well connected to this process. He is telling us that we could get notified between now let's call it tonight or tomorrow, let's call it tomorrow and Monday, the 31st - we could be notified anytime within that
Another source is telling us This is where the redemption center is telling us that we initially he said We notified over the weekend. And now I believe he is saying we could be notified by the end of the month.
Now when I heard 28th 29th I thought or even 30th as I thought they're not going to start us on this probably until the first of August.
And I say why? Because I believe that even though NESARA is supposed to be kicking in any day now fully with the full asset backed currency of the USN that we have digitally in place. And by the way, our accounts are currently mirrored into the quantum financial system.
My understanding is that as of the first of August, they will no longer be mirrored but be completely integrated as part of the quantum financial system. Fully asset backed that we have now, right now before we exchange - anything we have the banks is protected and asset backed by the USN which is assets backed by the gold, silver and other metals, precious metals and other assets held by the US Treasury. I'm going to call it the Restored Republic Treasury.
Okay, so we've heard the financial system that started the night before last midnight to fully integrate, globally, was completed last night.
They had a 24 hour period to get all banks Basel three compliant And if they weren't 12:01am This morning or one minute after midnight last night - The thinking is that they are no longer part of the process, and essentially would close we had in the order of 360 banks in the Southwest US close - so far we know about today. And I'm sure there'll be many more.
We don't know what the total ramifications or repercussions are on bank closures per se – But - to be Basel three compliant - So remember that some banks are Basel four compliant, they've gone further than what was required by now. But these banks globally have had two years to become Basel three components. Some did, some didn't. And the ones that didn't, are going to be closed.
Now an interesting side note - Chase Bank is changing their signage now – on their bank to go from Chase to Chase Financial Services - that's on the outside where they have room for that signage.
Sign people are coming in in about a month or so to put permanent signage up lighted signs. Now inside the chase banks, you're going to have Chase Wealth Management and Financial Services. That large sign could be placed inside the bank, wealth management and financial services.
But outside of the bank, it should change from Chase to Chase financial services. I think that's interesting. and that should occur to approximately 90% of the Chase Bank Branches that are still currently in existence – 90% for that changeover.
So the financial system is being fully integrated into the quantum financial system - tied to the FinTech - tied to the CIPS - tied to the Starlink satellites. So all of these things finally coming together and giving the USN its chance to have full asset value.
Now we've been trading our USN digitally with other countries and we have seen where Iraq the Iraqi dinar has been trading up and up and up. Very very pleased with where the rate is showing on our front banks screens - the dinar and I'd say last several days, the Vietnamese Dong is also trading up into a decent range. That's a very well paid to see and know that on the front screens.
And we don't talk much about the zim we're not really supposed to. I can just tell you as I've said before, for those who have projects with the Zim projects for humanity, you're looking at a one to one relationship or on par with the USN - so that's going to be very well placed for those that have projects to go into - humanitarian projects the funding,
So we shall see how all that comes together - Now I think that we could get over the weekend, all the way up to the 31st which is Monday. We will probably know what's going on by Sunday afternoon.
I'm not quite sure what that means. But what I'm thinking is if they're not going to pay the paymasters until the first and second, okay of August - I would think we would start around the same time.
That's all I'm saying. We could get notified over the weekend. But it might not be until the 31st or the first which is Monday is the first that actually get started on Tuesday, the first - Now, the same individual also said the real president will be back in office On August 1.
So we'll see how that goes. That's highly expected looking forward to it. And I think we're really getting probably the start of NESARA as of August 1st .
Now I can tell you this about restitution and reclamation allowance. It is supposed to start in the first week of August - no specific date, but in the first week - I can tell you if you're 60 years or older, you have an option of getting that restitution allowance which will be significant either as a lump sum, which that's what I would choose personally or you could take it over 10 years. That's for 60 and older.
And to my understanding that age group is the only age group that can actually take it as a lump sum payment.
Younger than that, I believe they will still pay out but it would pay out over 10 years. I'm not sure if that's so much a month, every month for 10 years, or whether it comes out once a year for 10 years. I'm not sure how they're going to that hasn't been made clear.
As far as getting an Increase in social security - like we talked about - taking this all up to, I believe it was 4955 some 1000 5000 if you're older and you put in more, I believe that is supposed to start In August - but we don't have it absolutely confirmed - but it's supposed to {put this in quotes} Supposedd to start in August.
So let's see what they do on that. We're not going to have to worry very much about that believe it or not the the restitutional and reclamation allowance is going to be significant for a lot of people, There are 17 different factors that enter into that instruction.
And I can only think of maybe half a dozen other it's your birth certificate that was traded Your Marriage Marriage license, so the death certificate was traded - divorce decree that was what was also traded as it as a financial instrument those four I know of –
You've got taxes that you paid back at age 16 for me, it's also including interest that you pay on mortgages, interest paid on credit cards, interest paid on bank loans, car loans, and there's several more. That's not all of them, but that's the ones that I'm thinking of that I can come up with. So those will be significant. amounts.
So I've been told that this would be my last call. And it sounds like it should be.
Now to be fair, I've heard that before. And here I am. So is this the final big call - I think quite possibly it is. If the Intel which I think is terrific that we received today holds up.
I think we're all going to be very happy campers at the end of this month. And at the very beginning of August and I'm excited about that.
Thank you listeners tonight In a special big call, with 179 countries being reached around the globe. We appreciate you and we thank you. I'm going to say that let's just stay tuned and see what develops between now and the end the month. And then we'll go from there. Okay.
