“Bits and Pieces” in Dinarland Monday PM 5-19-2025
The Old Pretender: July 1st Basel III Compliance Audit
5-19-2025
The nitty gritty of Basel III NSFR: Allocated gold held in bank vaults is given 100% of its price. However, unallocated (paper) gold held in clearing houses is subject to a 20% price reduction.
Will this be implemented for US banks soon, or delayed again?
What does @andrewmaguire1 mean by “the upcoming necessary 1st July Basel III compliance audit, which would be required for the US Treasury to exercise its gold revaluation account, which is revaluing gold to market.” (around 18:45)?
With uncertainty about Basel III changes and a Rio Reset, opinions vary on whether July will be seismic for #gold and #silver. Do you think it’s best for people to 1. bet their future on July being a nothing burger or 2. take precautions and buy physical metals before July?
Source(s):
https://x.com/Dioclet54046121/status/1924057023080964301
https://dinarchronicles.com/2025/05/19/the-old-pretender-july-1st-basel-iii-compliance-audit/
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KTFA:
Clare: Al-Sudani directs contracting with two international companies to contribute to raising Iraq's credit rating.
5/19/2025 - Baghdad
Prime Minister Mohammed Shia al-Sudani chaired a special meeting on Monday to discuss financing private sector projects under the Sovereign Guarantees Initiative.
The Prime Minister's Media Office stated in a statement received by Al-Eqtisad News that "the meeting discussed mechanisms to facilitate procedures for achieving industrial development, the work of the Sovereignty Guarantees Committee, and the significant economic shift it has achieved in supporting the private sector, as part of the government's vision to achieve economic reform."
Al-Sudani directed "finding quick solutions to simplify legal and administrative procedures to facilitate the implementation and success of small business lending and sovereign guarantee initiatives, emphasizing the importance of adopting the economic reform approach and its paths to develop projects."
The Prime Minister also directed "contracting with two international companies, one specializing in international law and global economics, to work as an advisor to the Trade Bank of Iraq (TBI), and the other specializing in public relations, to contribute to raising Iraq's credit rating." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick Yesterday they made a statement at the Baghdad summit. This Baghdad summit is a stage IMO to show off to every that is interested in the potential of Iraq's future. Not right now, but as soon as they release the new exchange rate...Sudani...said Iraq is a Recovered nation....They have a recovered monetary reform...monetary policy... investment opportunity...recovered their banks...infrastructure...They have recovered 1310 and in doing so IMO have a recovered exchange rate. This is part of the recovery to say to the world and Iraqi citizens that the recovery of their monetary policy was successful.
Militia Man Article: "The Baghdad summit took place regularly and Iraq regained its leading role" I like that title because it's leading role. It's regained its place in the regional arena. That's good...Saudi Arabia, UAE, Qatar, Egypt, every single one of those are trading partners. They're going to have an impact when Iraq does a revaluation of their currency. They have to have synergy/synchronization...It's going to be a powerful move when Iraq does that [rate change].
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Capital Cosm: 5-19-2025