Wednesday, June 19, 2024
"RV UPDATE" BY WOLVERINE, 19 JUNE
Tues. 18 June 2024 Wolverine
- “I got some news – things have started. It is getting really emotional. I received a telephone call and will not mention names, but right now, the caller is at the bank about to receive his blessings. Things are happening. It is someone I know, close to me. We will hear more of this coming through.
- “We received an audio from the Pentecostal group, he is ready. They have liquid money and they have received funds to distribute funds to members. The Pentecostal group has about 3 million people so one person is not in charge of distributing. They have different leaders assigned to different platforms. He sent an audio saying all is ready to go. It was very exciting news for their people. I am not in that particular platform, but in another one of their platforms in that group. He came out with a text message saying it will be this week, but for their whole organization it will take them into August to pay all their members.
- “Yesterday Mon. 17 June I was supposed to get a message from Reno that the Tier 4A group was supposed to go first. Unfortunately, I don’t know if anything has happened yet. I did not receive a message from that source. Hopefully I will get some messages coming in from Reno.
- “I received a message from Zurich that it started a while ago. That is all I know. I do have European contacts, but none of said anything.
- “Again, it is a process. Probably some people are getting paid, but for others it is not their turn yet.
- “For us in Tier 4B we are to get it this week.
- “It is stressful, maybe Bruce may know more about this than I do. But today or tomorrow notifications for 4B should be released. IF the bonds are getting paid, then surely the currencies will be coming out.
- “It will be emotional, and I was emotional when the person called me that WAS at the bank. I am really happy for anyone receiving their blessings.
- “I am not to talk about Mauricio, but they are getting close, but right now I need to stay quiet about his platform.
- “I am sure this is going to happen soon, and then we will have Three things: 1) Live emergency call – 2) You tube video by friend of mine – a member with the Trumpets of freedom and then 3) The Opera. I will then un-mute the room so we all can celebrate! Take care, Wolverine”
Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance, 19 JUNE
Malaysian Currency Now On RV Path in BRICS Gold-Backed Alliance
Prime Minister Declares Strategic Intention to Join BRICS Alliance which would lead to a significant RV of the Malaysian Ringgit (MYR).
In This Article
- Malaysia’s Formal Bid to Join BRICS
- The Anticipated Revaluation of the Malaysian Ringgit
- BRICS Gold-Backed Trade Currency and Its Implications
- Malaysia’s Strong Economic Contributions to BRICS
Malaysia’s strategic decision to join the BRICS economic bloc has sparked significant discussions regarding the future of the Malaysian Ringgit (MYR).
Prime Minister Anwar Ibrahim’s announcement highlights Malaysia’s intent to align with BRICS, potentially leading to the revaluation (RV) of the Ringgit through the bloc’s gold-backed common trade currency which will be composed of 40% gold-backing.
Malaysia’s Formal Bid to Join BRICS
Prime Minister Anwar Ibrahim’s recent declaration signifies a pivotal moment for Malaysia’s economic and diplomatic strategy. In an interview with Chinese news outlet Guancha, aired ahead of Chinese Premier Li Qiang’s visit, Anwar confirmed Malaysia’s intention to join BRICS, marking a crucial step towards diversifying its strategic relationships.
“We have indicated, as a policy, that we are joining,” said Datuk Seri Anwar. “We have made a decision. We are placing the formal procedures soon.” This move aligns Malaysia with a group of nations collectively challenging the Western-dominated global order, potentially reshaping the economic landscape.
The Anticipated Revaluation of the Malaysian Ringgit
One of the most significant implications of Malaysia joining BRICS is the potential revaluation of the Malaysian Ringgit.
The BRICS bloc plans to implement a gold-backed common trade currency. Inclusion of the Ringgit in this currency basket could significantly enhance its purchasing power and exchange rate, especially against fiat currencies like the US Dollar.
The revaluation of the MYR would not only strengthen Malaysia’s financial stability but also boost its attractiveness for foreign investments. This economic shift is expected to elevate Malaysia’s status in the global market, offering new opportunities for growth and development.
BRICS Gold-Backed Trade Currency and Its Implications
The BRICS bloc’s move towards a gold-backed trade currency is a strategic effort to reduce dependency on the US Dollar and foster economic sovereignty among member nations. For Malaysia, participating in this initiative means aligning the Ringgit with a stable and valuable currency system, enhancing its global economic influence .
This new currency system aims to facilitate smoother and more secure trade among BRICS nations, providing a robust alternative to the existing fiat currency system.
The anticipated revaluation of the Ringgit under this gold-backed regime is poised to offer Malaysia greater economic leverage and improved terms of trade.
Malaysia’s Strong Economic Contributions to BRICS
Malaysia’s decision to join BRICS is underpinned by its strong economic indicators and potential contributions to the bloc.
In 2024, Malaysia’s GDP is estimated to reach $445 billion USD, with substantial exports in key sectors such as digital/electronic devices, electrical machinery, mineral fuels, and industrial machinery. These economic strengths position Malaysia as a valuable member of the BRICS alliance.
Malaysia’s top export destinations in 2023 included major economies such as Singapore, China, and the USA, highlighting its significant role in global trade.
The nation’s diverse export portfolio, comprising electrical machinery, mineral oils, and animal or vegetable fats, among others, showcases its capacity to contribute effectively to a diverse BRICS economic bloc.
Experts, such as Datuk Prof Dr. Mohd Faiz Abdullah of Malaysia’s Institute of Strategic and International Studies (ISIS), emphasize the importance of Malaysia’s participation in BRICS. “Building our ties with these key countries will make our economy more resilient,” he noted, underscoring the strategic benefits of Malaysia’s move.
The Bottom Line
Malaysia’s formal intention to join BRICS represents a strategic maneuver with far-reaching economic implications.
The potential revaluation of the Malaysian Ringgit, driven by the adoption of a BRICS gold-backed common trade currency, positions Malaysia for enhanced financial stability and global economic influence.
Coupled with Malaysia’s robust economic contributions, this move promises to solidify the nation’s standing within the BRICS alliance, fostering new opportunities for growth and collaboration in the evolving global landscape.
Contributing articles:
- https://www.straitstimes.com/asia/malaysia-preparing-to-join-brics-economic-group-media-report-says
- https://www.sinardaily.my/article/218946/focus/national/joining-brics-will-diversify-malaysias-strategic-relationships-and-strengthen-its-economy
- https://trendeconomy.com/data/h2/Malaysia/TOTAL
- https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/
Oil Clarifies The Details Of The Memorandum Of Understanding Signed With The American Honeywell, 19 JUNE
Oil Clarifies The Details Of The Memorandum Of Understanding Signed With The American Honeywell
Posted On06-18-2024 By Sotaliraq The Ministry of Oil explained the details of the memorandum of understanding signed with the American company Honeywell to develop refineries, and while it indicated the Prime Minister’s directive to prepare a study to establish a pipeline network adjacent to the development road, it revealed projects that will enter service soon related to raising refining capacity.
Deputy Minister of Oil for Refining Affairs, Hamid Al-Zobaie, said, “There is a memorandum of understanding signed by the Minister of Oil under the auspices of the Prime Minister with Honeywell, which is one of the large specialized companies with extensive work in all activities,” noting that “a workshop was held with the company.” Concerning refinery activity.”
Al-Zobaie explained, “The memorandum that was signed aims to develop projects for developing refineries and to meet what was directed by the Prime Minister regarding the refinery capacity reaching 40 percent of the crude oil production capacity,” noting that “raising the refinery capacity to 40 percent will add value to the crude oil produced and lead to To raise financial returns and thus support the national economy.”
He pointed out that “7 projects were discussed regarding refineries, with a capacity of 70 thousand barrels for each project, in the governorates of Maysan, Dhi Qar, Muthanna, and Najaf Al-Ashraf, in addition to the third unit in the Doura, Haditha, and Qayyarah refineries.”
He pointed out that “the ministry’s plan was presented and discussed extensively with Honeywell during the workshop held, and it is hoped that a complete vision will be presented by the company regarding the process of developing the refineries with the proposed capabilities during the next two weeks.”
He added, “Honeywell is known for its technical and technological expertise and capabilities, which is important for gaining and transferring expertise to national cadres and developing facilities,” stressing that “after completing the preparation of the projects, the implementation mechanism and time periods for their completion will be determined.”
He noted that “the Prime Minister paid great attention to the refinery sector through development and raising the capabilities of refineries due to its great economic importance,” indicating that “great achievements have occurred in the refinery sector during the past short period, represented by the completion of the fourth unit in the South Refinery, which added 70,000 barrels of refining capacity,
in addition to About the Al-Azmra unit in the same southern refineries, which will be opened very soon, as it added about 1,200 cubic meters of high-octane gasoline, as well as the completion of the Al-Azmra unit in the Doura refinery and the rehabilitation of the North refinery in record time, which added refining capacity of up to 150,000 barrels.
He continued: “During the next few days, the CCR unit in the North Refinery will enter service and will add approximately 3,000,000 liters of high-octane gasoline. The Izmora unit in the North Refinery has also been operated,” stressing that “all of these projects were completed in very short periods.”
He continued, “The upcoming projects, which will enter service soon, will be a contributing factor in raising refining capacities and filling the local consumer need for some products, including the FCC unit in the southern refineries, as it is hoped to be completed in the first half of next year, as it will add gasoline production.”
High octane by 4,000 cubic meters to 4,000,000 cubic liters, and we also have projects for refining capacity additions in the Haditha refinery, during the current quarter of the current year, adding 20,000 barrels.”
He pointed out, “The Prime Minister directed the Ministry of Oil to prepare a study that includes establishing a pipeline network adjacent to the development road that meets all the future strategic plans of the Ministry of Oil, from the fields to the transportation process, in order to facilitate the process of transporting crude oil and gas between the north and the south, as well as export ports.” LINK
BANK STORY: " ARE YOU READY" BY JP FROM GINGER TELEGRAM CHAT, 19 JUNE
💢 Absolutely LOVE this bank story from JP, Liberty Lounger Extraordinaire 💥 6.18.24 - She's such an articulate beauty 😍 🤩 ❤️🌺❤️⬇️
💢JP: Recently, about a month ago, after completing my business the Banker at Wells replied to my question about the currency reset with "No, I don't know anything about that" with a smile.
I smiled back and said nothing as I stared at her... after a few minutes of awkward silence she said..."We just do what we are told". With that I stood and said thank you. Have a nice day!
Years prior, I think I shared this with you all before... I had a conversation with a wealth manager who just happened to be in the bank at this time.
A private Banker introduced him to me. When I mentioned the GCR he said he isn't allowed to talk about it. So I suggested he listen and nod yes or no.
This way he isn't talking, I am. He nodded yes to the currency exchange. He nodded yes to new treasury notes backed by gold.
He included that it is used for international trade. (Remember, by the time we hear about things happening, it's already done).
He asked me if I purchased currency from Wells and I affirmed. He asked how much of one of the currencies and I told him.
He sat back when I told him how much and replied saying "Oh... we will definitely be calling you!"
Listen, all the boxes have been checked and we have had a very long time to prepare. We know this is event driven, it is the 11th hour and it is 11:59.
ARE YOU READY?! Mind body and soul bc our event will be bitter sweet! We will need the NDA period to heal and get our minds ready to complete our missions. ARE YOU READY?!
💢 WHY, YES I AM!!! YESSSS!! I AM!!! 💥🌟💥⭐💥🌟💥🌟💥🌟
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