Thursday, January 4, 2024
Officially...Saudi Arabia begins its full membership in the BRICS group, 4 JAN
Officially...Saudi Arabia begins its full membership in the BRICS group
Saudi television announced today, Tuesday, that the Kingdom announced the official start of its full membership in the BRICS group.
BRICS, which until today included Russia, Brazil, India, China and South Africa, announced during its summit in Johannesburg last August that Saudi Arabia, along with the UAE, Egypt, Iran, Argentina and Ethiopia, would join the group starting in 2024.
Saudi Foreign Minister Faisal bin Farhan said during his participation in the Johannesburg summit that ““Saudi Arabia enjoys strong friendships, trade relations and strategic partnerships with the BRICS Council countries,” adding that Saudi Arabia stresses “the importance of activating collective and multilateral action and is keen to exercise its responsibilities to sustain international cooperation.”
Russia assumed the presidency of the BRICS group this year, and Russian President Vladimir Putin said in a speech on this occasion: ““Egypt, Iran, the Emirates, Saudi Arabia, and Ethiopia have joined BRICS as new full members. ” This convincingly demonstrates the growing prestige of this group and its strengthening role in global affairs. We will take all possible steps to facilitate the harmonious integration of new participants into all forms of its activities.” link
Coffee with MarkZ. 01/04/2024
THE BIG CALL HIGHLIGHTS, 4 JAN
Tues. 2 Jan. 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#
- Last night Mon. 1 Jan. there was a call which said that the UST was sending out an email to ALL Banks and RC’s at 10 am this morning Tues. 2 Jan.
- Since 11 pm last night Mon. 1 Jan. there has been chatter about the World Court and the Common Law language that needed to be in the GCR. Today Tues. 3 Jan. we found out that had been done.
- Today Tues. 2 Jan. we talked to a Wells Fargo Manager and he said that everything was done.
- A Bond PM with connections in Miami and Geneva expected the Bond Holders to have access and liquidity Wed. 3 Jan. or Thurs. 4 Jan.
- The same PM said that Tier 4b (Us, the Internet Group) should also get their notifications in that same time frame – Wed. 3 Jan. or Thurs. 4 Jan.
- One bank said Wed. 3 Jan. or Thurs. 4 Jan.
- The NESARA, GESARA and the new gold/asset-backed US Note formal announcements were expected on or before Thurs. 11 Jan. 2024.
- Since Mon. 1 Jan. 2024 Iraq has been doing exchanges inside Iraq at the new Iraqi Dinar in-country rate.
- In Iraq the US Federal fiat Dollar is dead. They want them to transition to the new lower denoms.
- It was believed that the ban to exchange the Dinar at the new Dinar international rate would come off on Wed. 3 Jan.
- There were nine currencies in the first basket that would go up in value with the Global Currency Rest. Among them were the Iraqi Dinar, Vietnamese Dong, Zimbabwe Zim, Indonesia Rupiah, Israeli Shackle, Afghani and Venezuela Bolivar. Of the rest, half would stay the same, while the other half would go down in value.
"WE NEED TO KEEP OUR EYES ON THE CBI "OFFICIAL" RATE " BY MNT GOAT, 4 JAN
MNT GOAT
So, 2023 was an outstanding year for progress in the currency monetary reforms in Iraq. I could hardly believe that so much was done in such a short period of time, if you compare the other 20 years since the 2003 invasion. In today’s news we read multiple articles talking about all this progress and how they have so far managed to get the parallel rate from 160,000 to 145,000.
This is very close to the official CBI rate of 132,000, but not yet there as they expected. My CBI contact is telling me they still want to bring it closer and more stable. Currently there are still too many wide swings too often. It’s all very good signs but now there yet.
My CBI contact tells me they do need it closer and stable and when it does, they will trigger another CBI official rate revaluation. But this will still be the program rate not what we want.
We need to keep our eyes on the CBI “official” rate.
When this rate drops again, I was told they will move ahead on the project to delete the zeros. They want to accomplish this in the month of January and are optimistic they can. So, this is the very good news for today to kick off the new year.
"RV UPDATE" BY GOLDILOCKS, 4 JAN
SEC may notify approved ETF issuers by early next week, ahead of the January 10 launch: Reuters
"Asset managers who met their end of year deadline may be able to launch by the Jan. 10 decision deadline, according to Reuters, citing people familiar with the process. Those include the aforementioned firms, along with Valkyrie, Bitwise, WisdomTree, Franklin Templeton, BlackRock, VanEck, and Invesco."
These are some big names in the investment field. Companies like these individually have the ability to move the markets in and of themselves. Here, we have seven of them pledging to support the new "spot Bitcoin ETF." This is an asset that will be placed in Global Markets around the world to shift our economy into the digital space.
A wave of buying is expected when this decision comes out on January 10th, 2024. Not to mention all the money these companies will place inside this one asset supporting movement upwards in the crypto space due to the acceptance of Bitcoin serving as a bridge into the new digital asset-based trading system whereby tokenized assets will become the norm.
This shift into a digital economy will bring with it a lot of liquidity from those who have been investing outside of the Financial System anticipating this move into the markets. The Block Link
© Goldilocks
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...