JUST IN - European Commission adopted a "checklist" that companies must use to disclose the effects of "climate change" and "social factors" on their businesses. https://www.disclose.tv/id/tb5r2q4s8w/
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If you are watching the news lately, you will notice that we have several geopolitical issues that could make investors nervous on the markets. All it would take is one major headline to bring the markets to a halt and suffer a decline at this point. Someone is definitely worried about capital requirements as of late and planning for this scenario (Basel3) in the banking system, and we have major concerns about market liquidity.
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Banking Announcement: “US Agencies Update Guidance on Liquidity Risk, Contingency Planning. BySanday Chongo Kabange, Regulation Asia Published on 31st July 2023 The guidance requires depository institutions to regularly evaluate and update their contingency funding plans, more frequently in changing market conditions.” Do you hear what they are trying to tell us? Market conditions are changing.
We are at the beginning stages of our Global Markets going into real values.
At some point during this process, a contingency plan will arise. Our latest plan was proposed last week called Basel 3. The transformation of our markets and banking system are about to come into view.
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Subject: Re: GLOBAL BANKS / MARKETS Thu Aug 03, 2023 9:24 am
[ltr]@SHOCKS_SS[/ltr]
1m Fed-Now/Fed-Wire are two out of dozens of payments systems that are ready to launch if people do not want to use these as a form of instant payments. Especially when you consider Blockchain. This means this year you will see a revaluation of paper & digital currency.
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Subject: Re: GLOBAL BANKS / MARKETS Thu Aug 03, 2023 1:23 pm
[ltr]SHOCKS_SS[/ltr] ·1h
Bottom line: All of our assets are being tokenized and connected to networks that will lock in the ability to scale prices within a network. The commodity sector of the market is what backs all tokens no matter what network they are on or their ability to scale prices up and down.
When we have a repricing event on gold and other commodities, we will have tokens backing assets with a gold standard or set of protocols (Basel 3) the banking system can work with in utilizing a new digital asset-based trading system determined by real values.
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Subject: Re: GLOBAL BANKS / MARKETS Thu Aug 03, 2023 6:11 pm
[ltr]WallStreetApes[/ltr] ·1h
Don’t trust this. Ken Griffin CEO of Citadel helped Elon Musk purchase Twitter. Ken is now going to launch a payment for order flow (I’m sure) program to recoup is money and further rob the world. All orders with payment for order flow don’t count to influencing a stocks price and are pure manipulation. It’s a scam through and through.
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 5:24 pm
[ltr]@SHOCKS_SS[/ltr]
·11m Heres major pieces of the puzzle together: Figuring out the date of V.13’s MISSION ACCOMPLISHED XRP 4 DIGITS. Figuring out the start and end of the storm. Keeping this thread simple. It’s a simple decode. Some people won’t like this decode, but look on the bright side: It’s realistic It’s rock solid I recommend you adjust your mental timeline if you’re expecting imminent $ XXXX THE STORM STARTS 8/18. We’re not in the storm yet. But there are lots of signs that it’s approaching ----
STORM PROOF: Q552 and Q55 are our two storm warnings. I mentioned earlier today that 255552 are both of fundamental importance.
Q552 was posted 1/18/2018. That’s 77 days or 2 mths 16 days after Q55 ‘My Fellow Americans’. 216=6×6×6=6×36 636=Much Wow (Elon) 77=7×11 (Elon 711
From Q552 to 8/18/23 is 5 years 212 days. 52122125=Elon’s Much Wow (2/5/21)
Lastly, from Q55 to 8/18/23 is 5 years 289 days. 289=17²=Q²
Both Q’s storm warnings connect to 8/18/23 with highly significant numbers.
The storm starts on 8/18/23 with the economic collapse and freeze (me: that's a scrambled 5-8-9) I think the Flip of the Switch will happen the same day, which I saw a decode in June as Liquidity Pool Day
Here I use David and Pool for proof as they are our best sources on the economic reset. Our first gold will be 8/19 (day 121 after 0, AU=1,21)
V.13’s MISSION ACCOMPLISHED isn’t until 2024. The end of the storm and V.13’s XRP 4 DIGITS are the same day: 4/8/2024, the solar eclipse. Q proof: from Q’s return on 6/24/2022 (666 and masonic feast) to 4/8/24: 1 year 289 days. 289=17²=Q²
Q’s game lasts from 8/18/23 to 4/8/24.
[size=15] [/size]
[size=15] [/size]
contd
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Last edited by Dove on Fri Aug 04, 2023 5:45 pm; edited 1 time in total
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 5:34 pm
Now for V.13: His first post ‘MISSION ACCOMPLISHED’ was on 10/15/22. The day count is 541 days or 1 year 176 days. 541 is the 100th prime. 100=Joel Katz 100=The Water LIQUIDITY EVENT 176=11×16, David’s b’day is 11/16 I think this is definitive proof that David is V.13
In fact, David already confirmed that fact to me in a clever and discreet fashion. On 11/21/22, David liked my reply about substandard desserts at 5:11pm. He didn’t post anything. A moment later, V.13 posted. No one else could observe the exact time synchronicity except myself.
There are many more posts I could analyse to support these dates. April 2024 is 8 months away, so there’s plenty of time! I believe we will get price action this month, and I assume we GO UP AND NEVER STOP until April 2024. 4/8/24 eclipse is definitely our ultimate goal From V.13’s 4 DIGITS XRP to Unicorn Day 4/9/23 was 289 days 17². It was also Easter Sunday. Rebirth and unicorns on the same day!
2024 is a leap year, so the same 289 days (+1 yr) takes us to 4/8/24, the eclipse.
question:
Do we think we will see the revaluation of gold and silver after the brics summit? Just wondering if BRICS Summit is next event? Answers: Not necessarily a revaluation of gold and silver, but more of an “announcement” of some type of gold standard during their summit. It is one of the big ones we are looking for this month. Gold and silver have to “break free” before we see a revaluation of those metals.
Question: And we expect this event also soon based on what I’m reading? Answer: Their Summit is August 22-24. If anything should come of it, that will be when we would hear something. Yes ma’am. Part of history and most don’t even know it. Sooo-next big thing is the BRICS summit and anything that may come from it. Protocol 20 finishes implementation by then as well, voting set for later in September. Possible announcement of a gold standard from BRICS as well.
This is when you need to take a look at what’s happening behind the scenes with Stellar and the liquidity that will soon flow into it. Hint: Blackrock and Vanguard are part of that liquidity via “other” tokens liquidating into Stellar. I will say though, it would be really really hard to have a One world order AND have a gold standard that puts the power back with the people.
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 5:51 pm
GEMATRIA: Isn’t is TERRIBLE 1. World Currency 2. Constitution 3. Operation Sandman Simple Gematria - 179 Q drop - 179 Make sure you read all 5 pics!!!
contd
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 5:56 pm
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 8:28 pm
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 8:39 pm
amg-news.com/exposing-shocking
in the grand theater of global politics, a clandestine drama is unfolding. An alarming upheaval in the financial sector, brewing unnoticed for years, is about to become the spotlight.
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Subject: Re: GLOBAL BANKS / MARKETS Fri Aug 04, 2023 8:42 pm
9
[ltr]@NineofCups[/ltr] ·3h
Look it’s us Uprising/Awakening there’s many Birds in Blue we Reach to the Top and the world becomes New BOOM!
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 05, 2023 6:20 am
BlackRock executives claim they've given power to investors amid ESG backlash
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 05, 2023 9:20 pm
[ltr]@SHOCKS_SS[/ltr] ·1h
JPMorgan Sees Gold Charging to Records in 2024 as Fed Cuts Rates - Bloomberg bloomberg.com/news/articles/20
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 05, 2023 9:30 pm
Trending
SS¯S⋊ƆOHS @SHOCKS_SS
The Consumer Price Index measures how much households are paying for goods and services. This reading is expected to take place next week. The cargo shipping industry is giving us clues that goods and services have significantly slowed down. This is an indicator that gives us a clue as to what we may see next week. In the meantime, we have a market that is seeking direction right now
If the CPI reading next week comes in low, you will see lower readings on the markets unless we have a market intervention with the 1.007 trillion dollar deficit that was just created in borrowing money for such cases that we are seeing now in Q3.
I just want to point out to you that the markets are not as good as they appear and a great deal of intervention is taking place behind the scenes to keep us from seeing real numbers so far. This is why we may see a rapid change in the markets at any moment. Investors are catching on and more people are buying gold and other commodities as a result. kitco.com/news/2023-08-04/CPI- bls.gov/cpi/ digitaljournal.com/world/maers
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 05, 2023 9:32 pm
“Example balance sheet of a central bank. Net equity equals the difference between assets and labilities. Capital, reserves, and provisions included in net equity are simply referred to as “capital” in this article.” This gives you an idea why Central Banks hold gold. During a crisis, the price of gold hold steady or it will go up in value to balance the books. gainesvillecoins.com/blog/germ
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 06, 2023 5:06 pm
WASHINGTON, DC – Rep. Alex X. Mooney introduced H.R. 3712, the Digital Dollar Pilot Prevention Act to close the Federal Reserve’s Central Bank Digital Currency (CBDC) pilot program loophole. Specifically, this bill would prohibit the Federal Reserve from establishing, carrying out, or approving a program intended to test the practicability of issuing a CBDC. 14 House Republicans signed onto the bill as original cosponsors: Pete Sessions, Bill Posey, Ralph Norman, Byron Donalds, John Rose, Andy Ogles, Jeff Duncan, Greg Steube, Randy Weber, Glenn Grothman, Ronny Jackson, Victoria Spartz, Harriet Hageman, and Bob Good. This legislation is endorsed by Club for Growth, Heritage Action, FreedomWorks, Americans for Tax Reform, and American Blockchain Initiative. “Congress cannot give an inch when it comes to CBDCs. CBDCs would threaten the liberties of law-abiding Americans and are being used by authoritarian countries right now to crack down on dissent.” said Rep. Alex X. Mooney. “That’s why closing this pilot program loophole is so important—to prevent the Federal Reserve from bypassing the will of Congress. I am proud to introduce this legislation to do exactly that.” “The Federal Reserve should never develop a Central Bank Digital Currency (CBDC). Moreover, spending time and taxpayer resources on research or pilot programs would be an end-around on Congressional intent, authorization, or jurisdiction. The Federal Reserve should be focused on fulfilling its formal mandate of taming Bidenflation, not mimicking China.”David McIntosh, President, Club for Growth The Biden administration’s calls for Central Bank Digital Currencies is another authoritarian measure to restrict and monitor Americans’ spending habits. FreedomWorks applauds Rep. Mooney’s efforts to introduce legislation that would bar the Federal Reserve from establishing any CBDC pilot programs without an act of Congress. We must do everything we can to prohibit unelected bureaucrats from inflicting their inflationary and repressive policies on the American taxpayer.” – Adam Brandon, President and CEO, FreedomWorks “A central bank digital currency poses significant risks to the U.S. economy. A CBDC has the potential to infringe on privacy, abuse tax enforcement, and crowd out privately issued cryptocurrencies,” said Grover Norquist, President of Americans for Tax Reform. “There are no market failures that necessitate the study or creation of a CBDC. That is why I am proud to support Rep. Alex Mooney’s Digital Dollar Pilot Prevention Act, which would prohibit the Federal Reserve from working on a pilot program to develop a CBDC without authorization from Congress.”
more plus https://www.govtrack.us/congress/bills/118/hr3712
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 06, 2023 5:17 pm
Monetary Metals Tax Neutrality Act of 2021 This bill exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots which are valued primarily based on their metal content and not their form.
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 06, 2023 8:29 pm
[ltr]SHOCKS_SS[/ltr] ·4h
The IMF has completed their economic reform research papers. All is seen as necessary to move forward with the new digital economy. This allows us to move forward with the integration, testing, and implementation phase of our new economy.
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 06, 2023 8:40 pm
Bridgecoin Capital Introduces Lending Platform, Which Lends Clients’ Crypto Into Real Estate Assets | Crowdfund Insider crowdfundinsider.com/2023/08/2
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 06, 2023 8:49 pm
The Integrated Monetary and Financial Policies for Small Open Economies have completed their research. Here is their findings: ...”we show that to manage non-fundamental inflow surges and taper tantrums related to local currency debt, capital inflow taxes and FX intervention should be used instead of the policy rate and exchange rate flexibility.”
Replying to [ltr]@SHOCKS_SS[/ltr] The IMF Working Papers have shown in their research that a Forex Intervention is necessary instead of continuing on with interest rate changes and old policies that no longer work. imf.org/en/Publications/WP/Iss
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Subject: Re: GLOBAL BANKS / MARKETS Mon Aug 07, 2023 11:43 am
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Subject: Re: GLOBAL BANKS / MARKETS Thu Aug 10, 2023 9:02 pm
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 12, 2023 4:36 pm
[ltr]SHOCKS_SS[/ltr] ·6m
Greatest transfer of wealth is taking place right before your eyes. There’s no more money. It’s funny money anyway. The banks are already insolvent. The Great Default. Vatican has no money. Monarchy has no money. The US Corporation is already bankrupt. This is already done people. BRICS is the counter to the DS. Blockchain technology. Real asset tied to utility tokens. GOLD becomes the standard, kills the FED that’s already dead. Phoenix rises from the ashes. Overnight. No more wars.
This is already done. You’re just watching it play in real time. ---- We have to go through some events first. Steady! God bless
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 12, 2023 4:52 pm
[ltr]SHOCKS_SS[/ltr] ·1h Banking Announcement: Ripple, the leading blockchain-based payments provider, has joined forces with the Bank for International Settlements (BIS) taskforce on cross-border payments interoperability and extension. This is a significant development for Ripple, as it demonstrates the company’s commitment to improving the global financial system. Replying to [ltr]@SHOCKS_SS[/ltr]
The BIS is an international organization that facilitates cooperation among central banks. The taskforce on cross-border payments is composed of central banks, financial institutions, and technology companies. The goal of the taskforce is to develop common standards for cross-border payments. timestabloid.com/ripple-joins-
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 12, 2023 4:59 pm
[ltr]@SHOCKS_SS[/ltr] ·1h
“The Fed may be done hiking rates, but there’s another policy move that still poses a big risk to stocks.” The next phase of the market plans will be its greatest challenge. For the last 3 years, we have been moving toward the reduction of and encouragement of sectors of the market that represent essential services. From the pandemic and shipping crisis to bank failures, there is nothing that can do more damage to a market and a global market than the reduction of a balance sheet. -- This is why we have seen a rerouting of the shipping industry, banking reforms, & recent market sector reforms. It is going to form a liquidity crisis. Look for currency interventions during this time. And yes, Forex is completing their digital foreign currency reforms. Companies go out of business during these times & bankruptcies will surface for people & the local economy. -- [size=15]Figured the shipping change was what I heard ....CCP trying to starve the West. -- Replying to [ltr]@SHOCKS_SS[/ltr]
It is all about creating a skeleton structure of necessary companies that will move us forward into our new economy. Notice what happens and who is still standing when the dust settles. It will be the next economy with many of the standing structures capable of moving into the new digital asset based trading system. Artificial Intelligence will be capable of coordinating Quantum Technologies with those that remain. “It is time to buckle up buttercup.” markets.businessinsider.com/ne --- [/size]
The Fed may be nearing the end of its rate hikes but its balance sheet reduction plans still pose a big risk to stocks.
The Fed has reduced its balance sheet by $900 billion over the past year and is showing no signs of stopping.
"Risk assets love liquidity. Continued draining of liquidity presents a risk or equities," Ned Davis Research said in a Thursday note. for equities," Ned Davis Research said in a Thursday note.
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 13, 2023 2:05 pm
SS¯S⋊ƆOHS :libra:
[ltr]@SHOCKS_SS[/ltr] ·1h
Wells Fargo declares plans to close 23 more branches in US
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 13, 2023 2:08 pm
[ltr]SHOCKS_SS[/ltr] ·1h
I’m expecting a big wake up call come end of August when the BRICS alliance announces a new international trade asset backed by precious metals instead of the US Dollar backed by air. Once trading Oil in digital currencies backed by precious commodities, these countries will cease holding $’s. Then comes the hyperinflation and the Great Depression. Nearly 60% of international reserves are held in dollar-denominated assets, and it’s by far the most-used currency for trade
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 13, 2023 3:24 pm
[ltr]@SHOCKS_SS[/ltr] ·3h
Digital Asset-based clarification bill. Page 1 of 212
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Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 13, 2023 3:27 pm
[ltr]@SHOCKS_SS[/ltr] ·3h
Stocks Taking a Quantum Leap: Beaten Down Quantum Sector Appears to be Strengthening
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Subject: Re: GLOBAL BANKS / MARKETS Mon Aug 14, 2023 7:41 pm
[ltr]@SHOCKS_SS[/ltr] ·17m
So BRICS will discuss a common payment system at their summit. They have said they plan to institute a gold standard as well, even when they are saying they aren’t forming a “new” currency. They aren’t, instead they are going to put writing settlements in yuan or native currency. They will also be using what’s called a currency board to institute the gold standard.
Currency board is simply where member states of the bloc are equal. 1:1 with asset backing. They also must hold 100% backing for the foreign currency they hold. Every member of the bloc must adhere to the currency board. It’s an IDEAL setting for a gold standard.
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Subject: Re: GLOBAL BANKS / MARKETS Wed Aug 16, 2023 5:09 pm
[ltr]@SHOCKS_SS[/ltr]
This, in turn, depreciates the value of our WW currencies. We have to move forward in the spirit of cooperation to build a WW economy based on real values and technological advances to aid us in finding paths forward that will create abundance. I am sending out this video from an economist who understands why we need to make this transition. The birth of a new economy is in essence the birth of a new world. https://www.youtube.com/watch?v=nCiVUhxMifg Is A Global Margin Call In the Making? over an hour...
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Subject: Re: GLOBAL BANKS / MARKETS Sat Aug 19, 2023 11:27 am
India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE | Business Insider Africa
India bought 1 million barrels of oil from the United Arab Emirates using its own currency instead of US dollars.
The Indian Oil Corp settled a payment in rupees with the Abu Dhabi National Oil Company.
Nations including India, Russia, and other BRICS members have been pushing to de-dollarize.
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Subject: Re: GLOBAL BANKS / MARKETS Tue Aug 22, 2023 10:54 am
Trending SGAnon @RealSGAnon Reports: BRICS Countries Discussing Common Currency To Shake Dollar Dominance — Russian Finance Minister “Within the framework of the BRICS association, we are looking for opportunities to create alternative types of settlements,” he said. “We see the possibility of discussing creating unified settlement systems. It can be a unit of account for the BRICS member countries.”
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Subject: Re: GLOBAL BANKS / MARKETS Tue Aug 22, 2023 10:57 am
[ltr]RealSGAnon[/ltr] ·2h
And these are only the nations that are formally espousing their desire to be a part of BRICS. It does not include the verbal-interest indicated by 2 dozen additional nations around the world.
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Subject: Re: GLOBAL BANKS / MARKETS Tue Aug 22, 2023 12:47 pm
[ltr]SHOCKS_SS[/ltr] ·4h
“Comex Inventories Plummet - Is A ‘Vault-Run’ Underway?” We have seen an acceleration of gold leaving the vaults inside the Comex as of late. The acceleration of silver has not seen the same fate, but the amount of silver registered in the Comex has significantly declined. The Metals Market is the canary in the mining shaft that flies out to signal danger. The price of gold rises during times of economic crisis.
At some point, we are going to see a releasing of caps on the Metals Market that will lead to a repricing event. When gold is free, so are we. https://seekingalpha.com/article/4535043-comex-inventories-plummet-is-a-vault-run-underway
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Subject: Re: GLOBAL BANKS / MARKETS Tue Aug 22, 2023 12:49 pm
India to ban rare metals exports The Indian government is considering imposing an export ban on lithium, beryllium, niobium and tantalum as a strategic move aimed at ensuring the country’s self-sufficiency in essential minerals, Business Standard reported. These metals are vital to India’s defense, aerospace and engineering industries. “The government is planning to introduce a ban on the export of these minerals because of their importance in powering sectors critical to national security and technological advancements,” a senior official said. As of 2022, China accounted for 70% of global rare metals exports, United States Geological Survey (USGS) data shows. Therefore, with other actors withdrawing from this market, its role as a critical supplier will increase further.
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Subject: Re: GLOBAL BANKS / MARKETS Tue Aug 22, 2023 12:50 pm
Visualized: U.S. Corporate Bankruptcies On the Rise https://www.visualcapitalist.com/visualized-u-s-corporate-bankruptcies-on-the-rise/
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Dove Super Elite
Posts : 91017 Reputation : 524 Join date : 2011-08-18
Subject: Re: GLOBAL BANKS / MARKETS Tue Aug 22, 2023 2:47 pm
SS¯S⋊ƆOHS @SHOCKS_SS
For the past few years, we have witnessed a redefining of indicators in the market to account for changing market trends. The manipulation of these indicators holds economic readings at a steady level. They have hidden many volatile reactions to shield us from the view of an economic crisis.
Take a look at the history of the Dow. (34,000) Did you know we were at 34,000 in 2021? This is called stagflation - meaning that we are not going up or down. How can this be when so many people have lost their jobs? Answer: It is the manipulation of economic indicators.
These economic indicators have been fed a great deal of monetary (debt) to keep this hidden from 70% of the market whereby investments are made by consumers.
We are coming up on new monetary policies these next few weeks being set forth into the economic world.
A releasing event into these new economic indicators based upon new digital assets being integrated into the market will cause fluctuations.
We will attempt to navigate ourselves through turbulent times even though much of it is being hidden.
I want to know the thoughts of God. Everything else is just details. A Miracle is when God makes His Reality our Experience
Dove Super Elite
Posts : 91017 Reputation : 524 Join date : 2011-08-18
Subject: Re: GLOBAL BANKS / MARKETS Wed Aug 23, 2023 8:32 pm
[ltr]SHOCKS_SS[/ltr] ·1h
Banking Announcement: Last November, the FSB published a new framework for monitoring progress toward enhancing cross-border payments, including a target for 75 percent of international payments to be processed within one hour by 2027. Current News: 89% of transactions processed on the Swift network now reach recipient banks within one hour. The FSB target was 75% by 2027.
I want to know the thoughts of God. Everything else is just details. A Miracle is when God makes His Reality our Experience
Dove Super Elite
Posts : 91017 Reputation : 524 Join date : 2011-08-18
Subject: Re: GLOBAL BANKS / MARKETS Thu Aug 24, 2023 11:57 am
I want to know the thoughts of God. Everything else is just details. A Miracle is when God makes His Reality our Experience
Dove Super Elite
Posts : 91017 Reputation : 524 Join date : 2011-08-18
Subject: Re: GLOBAL BANKS / MARKETS Thu Aug 24, 2023 7:05 pm
[ltr]TrueGenFlynn[/ltr] ·8h
I want everyone to pay very close attention to the ongoing BRICS Summit ongoing in South Africa. There is a Global Alliance forming against the United States of America because of the absolutely weak, pathetic, and the most corrupt President we have ever had in US history. WE MUST #MAGA
I want to know the thoughts of God. Everything else is just details. A Miracle is when God makes His Reality our Experience
Dove Super Elite
Posts : 91017 Reputation : 524 Join date : 2011-08-18
Subject: Re: GLOBAL BANKS / MARKETS Sun Aug 27, 2023 11:00 am
[ltr]SHOCKS_SS[/ltr]
The Securities and Exchange Commission proposed new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) to enhance the regulation of private fund advisers. The proposed new rules would:
● Require private fund advisers registered with the Commission to provide investors with quarterly statements detailing information about private fund performance, fees, and expenses; ● Require registered private fund advisers, in connection with an adviser-led secondary transaction, to distribute to investors a fairness opinion and a written summary of certain material business relationships between the adviser and the opinion provider; ● Prohibit all private fund advisers, including those that are not registered, from engaging in certain activities and practices that are contrary to the public interest and the protection of investors; and
● Prohibit all private fund advisers from providing certain types of preferential treatment that have a material negative effect on other investors, while also prohibiting all other types of preferential treatment unless disclosed to current and prospective investors. Additionally, the SEC is proposing to require all registered advisers, including those that do not advise private funds, to document the annual review of their compliance policies and procedures in writing.
I want to know the thoughts of God. Everything else is just details. A Miracle is when God makes His Reality our Experience