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Summary
Transcript
This means that the salaries will finally get paid, going back three months. We’re going to show you some articles here, as is customary. Let me just pull this up for visual effect. As you can see, Majeed is reporting that we are in Christmas in July, especially stable in between two timelines, specifically the Julian calendar and the article right here that we were referring to a moment ago. And then here is a secondary article that will support that. As of yesterday, Iraq’s Ministry of Finance has transferred over $974 billion in ours to the Kurdistan region’s account, the central bank’s herbal branch, for its May salary payments, the KRG ministry announced.
On Thursday, we’ll be beginning the disbursement of civil servants’ salaries on Friday today, after nearly three months, as we said moments ago. Now transitioning over to the Nation of Vietnam, we haven’t talked about them in a little bit, so we have a noteworthy post here. This is from Francis Hal DeCon on X. Interesting article he’s talking about regarding HR 839, or as President Trump has talked about, currency manipulation. In this article, he’s referencing that Vietnam’s currency change means a reset with the recent trade deal that happened, I think, roughly two weeks ago.
Vietnam did not become an emerging market by chance, as we know. We’ve talked a lot about how Vietnam has had an 80% GDP growth year over year, one of the strongest nations in Southeast Asia, from an economic standpoint, tons of oil, Brent crude specifically, gold and silver, of course, lots of silver. You can see 50% copper tariffs go into effect on August 1st, that remains to be seen. The USD is the dollar is down 10% because they’re weaning off like Iraq, the currency auctions with the dollar, so they can less manipulate their currency against the dollar, as they once did.
We’re entering into the managed float era, where countries act like they’re playing fair, but they’re really protecting their currency pegs. Well, we talked about when the public does do your exchange, there will be a period of, you know, we don’t know for sure, but it’s a good likelihood that you’ll have within the first 30 to 45 days, you will see these currencies go up to their highest peak, right in the midpoint of the 90 days which you’ll have to exchange, and I think that’s what he’s referring to as well. Taxes change everything, they cause inflation, make the dollar weaker, moving into digital currencies or gold.
As we’ve said before, as money moves from one place in the stock market, it moves to other places like cryptos, precious metals, oil, and so forth. So here’s the reference right here to the bill, HRA39, that President Trump has talked about regarding currency manipulation and also a level playing field, once again. So it’s just another good reprise to give you kind of a quick summation on where we are with Vietnam at present. Now let’s go to cryptos, which obviously is a big point of discussion here. Let me just get to the appropriate one here.
This is from a crypto bar. We see this week that cryptos have been continuing to make large moves, particularly with XRP, both up and down as it normally does do that, but they’re sharper moves now from the cup and handle positions with XRP, XLM, Bitcoin, and many others. An interesting development comes from none other than Saudi Arabia and in a major investment that they made going directly in XRP. Before we get to that, let’s just address this article. So as of yesterday, apparently Ripple and SEC were supposed to be meeting to announce the outcome or the final closing of the case with Judge Torres from a legal standpoint.
That’s what we’re waiting for at this point is for her to just near market. As you remember, I said earlier this month, it could happen as early as the third. There was no guarantees. Obviously, we’re never here on the 25th still waiting, but I think with the upcoming tariff deadline on the 1st of August, a week away, and also the Fed decision this month, whether to raise or lower rates, most likely they’re going to lower them significantly, we believe. As the ongoing battle with Powell continues optically, this should help precipitate this decision to a closing point.
Now let’s go and I’m going to get out of this and go reference the other article I was just referring to. This is from Shibo on X and you can see here clearly Saudi Arabia invests $10 billion from their sovereign wealth fund into XRP. What does this mean? This means they’re putting a lot of money behind it because obviously they’re heavily invested just like pretty much the banks and the rest of the entirety of the world. What it also means is this person believes a $5.89 price point for XRP is imminent.
Imminent is an open-ended word. That could be three days, it could be a week, it could be two weeks, whatever the case is, it’s in the near future. That’s not hard to believe because we’ve been talking to you folks about when we look at what we just showed you a minute ago with the crypto bar article regarding XRP, coupled with this article, it’s our strong contention still that once the secondary issue happens with the case legally, there should be no problem seeing XRP go to a $10 to $30 price point as it relates to the denier.
That’s why we bring it up. Now we’re not saying that that’s where it’s going to stop. We believe that, a good example, Molt Media Jake, which you often reference in our telegram, believes that XRP can reach $2,000 a coin before the end of the year, which is entirely possible. But if you put the puzzle pieces together here that we were showing you, it should be music to your ears because it tells a very compelling story about where we are and where we’re headed. Now let’s go to another article here I just want to show you briefly, which we think is pretty important.
So this is the article I wanted to show you. Justin Commerce Secretary Howard Lutnick calls for Fed Chair Powell to resign. They’re just part of the narrative and the optics that we need to see for this to be pushed out. No real surprise, but as pressure is exerted from all sides, President Trump, he saw what he did doing a cursory overview of the Fed building yesterday and how they are $3.1 to $3.2 billion in budget, which is about $7,800,000 over the previous proposal, $2.5 billion. That right there is Article 10 of the Federal Reserve Act, which gives a sitting president the right to fire a sitting Fed chair based on malfeasance fraud.
There’s definitely some embezzlement going on here, and this is for the public to see. Most of you know that, but again, this is for the optics. So insofar as this goes, we know it’s coming. Bill Pulte of the U.S. Fed Housing Finance Agency Director said that he will be removed very soon. It will not take eight months by any stretch of the imagination. Also, please remember folks, that President Trump never telegraphs his moves publicly, and he is still working within the confines of the private western central banking system as he transitions the people into the new ISO 20022, which took effect officially on July 14th.
That’s the constitutional money system or the people’s economy. It remains our strong belief that Judy Shelton will still get the nod to replace him as the new Fed slash Treasury Secretary, thereby being instrumental in implementing the gold standard back and in the process, ending the Fed optically. Now, we do have a couple articles that are pretty important that we want to show that support this notion. So here’s the first one. I have a small video I want to show you that supports this. She says ourselves, we need to open up the Fed and move to a different construct.
We just talked about that, and you folks are well aware of what that entails. Now, here’s a short little video clip on CNBC. I want to play it for you folks, and just listen to the language with which she’s speaking for about a minute. Take a listen. Judy Shelton, Senior Fellow at the Independent Institute, she was once President Trump’s nominated the Federal Reserve Board for a while, Judy, and welcome. For a while, you’ve been talking about the notion that prosperity or a strong economy doesn’t necessarily mean higher inflation if it’s accompanied by productivity gains.
And I don’t know if you saw Kevin Warsch last week, but he talked for a while and made that same point. Did you see that interview, and did you agree with most of the things that he said, or where did you disagree? Well, I agree with his call for monetary regime change. In fact, I was delighted to hear that because in April of 2019, I had the lead opinion piece in the Wall Street Journal, and the title was the case for monetary regime change at the Fed. So I think that we’re looking at something that goes way beyond whether the Federal Open Market Committee decides to lower interest rates a quarter of a point in July or waits until September.
We’re really looking at much deeper problems at the Federal Reserve, its models, its constructs, the way the Federal Reserve staff choreographs the meeting. I think we’re missing a strategic approach. Our central bank has to be part of a whole of government approach for economic and national security reasons and making our country successful. So that’s basically the gist of what I wanted you folks to hear. You’ll note that the interviewer even brought up the point that we’ve talked about that she was trotted out in President Trump’s first term as a litmus test to see how she would fare in a very corrupt and swamped environment in terms of Congress and Senate.
And even at that, she got nearly 50%. Think of how much better she’ll do now. She will conduct herself beautifully and flawlessly, and she wants that gold standard on her legacy, and who wouldn’t in her case. So we just wanted to kind of give you some additional research to kind of see, again, how the pieces fit and why this makes the case beautifully for her to supplant Powell in the near future. Speaking of commodities, let’s get to the part at the end. As of the time of this broadcast, crude oil is trading at $66.38.
Gold holding at $3,371.80. Silver is up $39.47, hitting that $40 mark pretty soon. That’s going to be a benchmark, and we believe the next one will be $50 after that. And the Dixie is down to $97.48. So it’s continuing in a downward trajectory. It goes up a little bit, but then it continues to slide down. And we expect this process and this pattern to continue and precipitate in the days and weeks ahead. Well, that does it for this week’s RV report. As always, if there’s any breaking news, we’ll bring it to you as soon as possible.
Thank you for your support for listening. God bless. Take care. Goodbye for now. [tr:trw].
