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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 2-4-26

Good Afternoon Dinar Recaps,

Mortgage Rate Pressure Builds as Borrowing Costs Rise

Mortgage rates tick up again — implications for housing demand and consumer finance

Good Afternoon Dinar Recaps,

Mortgage Rate Pressure Builds as Borrowing Costs Rise

Mortgage rates tick up again — implications for housing demand and consumer finance

Overview

Mortgage interest rates continued to tick higher in the past 24 hours, with the average 30-year fixed rate climbing further. These increases reflect broader tightening in credit markets and rising refinance costs, contributing to affordability pressures for homebuyers and signaling stress points in consumer credit that could ripple through the economy.

Key Developments

1. 30-Year Fixed Mortgage Rates Rise
The average 30-year fixed mortgage rate increased to over 6.23%, up from recent levels, making home financing more expensive for new buyers.

2. Shorter-Term Rates Also Increase
Rates on 15-year fixed mortgages and refinancing products also ticked upward, compounding the impact on borrowers looking to shorten terms or refinance.

3. Consumer Costs Creep Higher
Higher rates translate into larger monthly payments and greater overall interest costs over the life of a loan, tightening household financial flexibility.

4. Market Participants Monitor Lending Conditions
Borrowers and lenders alike are watching rate trends closely as central bank policy expectations and credit conditions evolve.

Why It Matters

Rising mortgage rates reduce housing affordability, temper demand for new homes, and increase long-term cost burdens for borrowers. This affects consumer spending, wealth effects from housing markets, and broader financial stability.

Why It Matters to Foreign Currency Holders

Higher borrowing costs in the U.S. can impact global financial flows, as rate spreads influence currency valuations, capital allocation decisions, and cross-border investment strategies.

Implications for the Global Reset

Pillar 1: Credit Cost Rebalancing
Higher mortgage rates signal tighter credit conditions, impacting consumption and investment dynamics.

Pillar 2: Monetary Policy & Confidence Signals
Mortgage costs provide a real-world reflection of monetary tightening pressures that influence confidence in economic growth and currency stability.

This isn’t just about homes — it’s about the broader cost of credit and confidence in economic resilience.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Trump Cheers Weak Dollar as BRICS Accelerates De-Dollarization

Currency policy shockwaves collide with global reserve realignment

Overview

President Donald Trump has openly welcomed a weaker U.S. dollar, marking a sharp break from decades of American currency doctrine just as BRICS nations intensify efforts to reduce reliance on the greenback. With the dollar sitting at a four-year low, the convergence of U.S. policy shifts and BRICS de-dollarization is raising fundamental questions about the future of global currency dominance.

Key Developments

1. Trump Embraces a Weaker Dollar
Trump stated that the weaker dollar is “great” for America, highlighting increased business activity and export competitiveness. The U.S. dollar has fallen nearly 10% in 2025 and an additional 2% in early 2026, marking its sharpest annual decline since 2017.

2. Break From Traditional Strong-Dollar Policy
Historically, Republican administrations favored a strong dollar as a symbol of economic stability and global leadership. Trump’s stance departs from this orthodoxy, signaling a willingness to tolerate — or even encourage — dollar weakness to support domestic industry.

3. BRICS Accelerates De-Dollarization
BRICS nations are rapidly implementing alternatives to dollar-based systems:

  • Russia conducts ~90% of intra-BRICS trade in national currencies

  • BRICS central banks bought over 1,100 tons of gold in 2025, the largest increase in 70 years

  • BRICS Pay is expected to launch by late 2026, bypassing SWIFT

  • BRICS dollar reserves have declined to 56.92% as of January 2026

4. Treasury Attempts Damage Control
Treasury Secretary Scott Bessent reaffirmed the U.S. “strong dollar policy,” reframing it as a function of economic fundamentals rather than exchange-rate levels. Markets viewed the remarks as an effort to calm investor concerns following Trump’s comments.

Why It Matters

Currency value reflects confidence, stability, and geopolitical power. A weakening dollar may boost exports and tourism in the short term, but prolonged declines risk undermining investor confidence and accelerating global efforts to move away from dollar-based trade and reserves.

Why It Matters to Foreign Currency Holders

As BRICS nations expand gold holdings, local-currency trade, and alternative payment systems, foreign currency holders are watching for confirmation that the dollar’s dominance is structurally weakening — not just cyclical. These developments directly affect reserve diversification strategies worldwide.

Implications for the Global Reset

Pillar 1: Monetary Realignment
The dollar’s decline — combined with BRICS gold accumulation and CBDC infrastructure — signals a shift toward a multipolar reserve system rather than outright dollar replacement.

Pillar 2: Trade & Settlement Fragmentation
With BRICS Pay, mBridge, and bilateral currency swaps expanding, global trade settlement is moving away from a single dominant rail toward regional and bloc-based systems.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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Financial System on Edge of Crisis

Financial System on Edge of Crisis

WTFinance:  2-4-2026

As we navigate the choppy waters of 2026, the global economy, financial markets, and geopolitics are facing unprecedented challenges.

In a recent episode of the What the Finance (WTFinance) podcast, host Anthony Fatseas sat down with returning guest Simon Hunt to dissect the complex and precarious state of the world.

Financial System on Edge of Crisis

WTFinance:  2-4-2026

As we navigate the choppy waters of 2026, the global economy, financial markets, and geopolitics are facing unprecedented challenges.

In a recent episode of the What the Finance (WTFinance) podcast, host Anthony Fatseas sat down with returning guest Simon Hunt to dissect the complex and precarious state of the world.

 The conversation was a sobering reminder that beneath the optimistic headlines, significant weaknesses lurk, threatening to upend the financial system.

Despite appearances of strength, the U.S. economy is showing signs of strain. Declining trucking indices and consumer sentiment are just a few indicators that suggest a slowdown is on the horizon.

Simon predicts a major global equity market correction of 20-30% that could last through mid-2026 to early Q3. This correction is not just a minor dip; it’s a significant adjustment that will test the mettle of investors and the financial system.

Simon reveals a critical event where the “plunge protection team” intervened to suppress the prices of gold, silver, and other assets.

This move was aimed at protecting the financial system from the destabilizing effects of massive short positions held by banks.

While this intervention may have provided a temporary reprieve, it doesn’t address the underlying issues. Simon remains bullish on precious metals over the long term, advising investors to hold physical assets and prepare for volatility.

The conversation also highlighted the unprecedented $416 trillion global debt burden, which is over four times the size of global GDP. This debt mountain, particularly in the U.S., where debt per capita and per entity far exceed those in China, constitutes the Achilles heel of the financial system.

The implications are stark: tightening monetary policy and significant bond market risks could trigger a catastrophic economic downturn.

Geopolitical tensions are another major concern. The ongoing conflict between Russia and NATO in UKraie is a case in point. Simon emphasizes Russia’s strategic goal of securing long-term border security and territorial control, which will likely disappoint Western interests and lead to a realignment of reconstruction contracts toward BRICS countries.

The risk of U.S. military action against Iran is also highlighted, with Iran’s threats to retaliate by targeting U.S. military bases and shutting down the strategically vital Strait of Hormuz. Simon assesses the likelihood of an Iran strike as 50/50, with potential delays until 2027 or 2028.

The growing strategic rivalry between the U.S. and China is another significant development. China’s rapid advancements in robotic manufacturing (“dark factories”), military capabilities, and alternative financial systems, including the soon-to-be-launched BRICS-backed currency unit partially backed by gold, challenge U.S. economic and geopolitical dominance.

China’s massive gold reserves and efforts to build gold vaults across BRICS nations will facilitate trade in local currencies and decrease reliance on the U.S. dollar.

Finally, Simon stresses the precarious future of the U.S. dollar and bond markets. While Treasury yields may temporarily fall mid-year due to government interventions, they are expected to surge dramatically by 2027-2028, exacerbating debt servicing costs and triggering economic turmoil.

The overarching message is clear: in a volatile, debt-laden, and geopolitically fraught environment, individuals must take steps to protect themselves.

Securing physical assets such as precious metals, land, and food is a prudent strategy. As Simon’s insights make clear, the perfect storm is brewing, and it’s essential to be prepared.

For further insights and information, watch the full video from WTFinance. The conversation with Simon Hunt is a wake-up call for investors, policymakers, and anyone concerned about the future of the global economy and geopolitics.

https://youtu.be/RgluM3dnQ3s

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FIRST BANK FAILURE OF 2026: This Is How It Starts

FIRST BANK FAILURE OF 2026: This Is How It Starts

Taylor Kenny:  2-4-2026

The first bank failure of 2026 is here and it could be just the beginning.

 Chicago's Metropolitan Capital Bank & Trust was shuttered by regulators this past weekend. The reason? "Unsafe and unsound conditions" and an "impaired capital position."

Translation: they were broke.

If you think this is an isolated incident, think again. The failure of Metropolitan Capital Bank isn't just a blip — it's a red flag waving from the crumbling foundations of our financial system. And it has direct implications for your deposits, retirement, and financial future.

FIRST BANK FAILURE OF 2026: This Is How It Starts

Taylor Kenny:  2-4-2026

The first bank failure of 2026 is here and it could be just the beginning.

 Chicago's Metropolitan Capital Bank & Trust was shuttered by regulators this past weekend. The reason? "Unsafe and unsound conditions" and an "impaired capital position."

Translation: they were broke.

If you think this is an isolated incident, think again. The failure of Metropolitan Capital Bank isn't just a blip — it's a red flag waving from the crumbling foundations of our financial system. And it has direct implications for your deposits, retirement, and financial future.

CHAPTERS:

0:00 First Bank Failure of 2026

0:53 Many More Banks at Risk

2:04 Commercial Real Estate Time Bomb

3:39 The Extend and Pretend Game

4:18 Private Equity

5:40 Why This Failure Affects You

7:00 Bailout vs. Bail-In

7:36 Bail-Ins Legal in U.S.

 9:13 Why Gold & Silver Matter Now

https://www.youtube.com/watch?v=tarJIiNQkZM

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Morning 2-4-26

Good Morning Dinar Recaps,

AI Shock Scatters Global Markets as Investors Reprice Risk

Tech volatility, commodity strength, and capital rotation signal deeper structural shifts

Good Morning Dinar Recaps,

AI Shock Scatters Global Markets as Investors Reprice Risk

Tech volatility, commodity strength, and capital rotation signal deeper structural shifts

Overview

Global markets rattled over the past 24 hours as rapid developments in artificial intelligence triggered sharp volatility across major tech stocks, forcing investors to reassess valuations, risk exposure, and long-term economic structure. The turbulence coincided with rising commodity prices and mixed economic data, reinforcing signs of broader financial realignment with implications for global capital flows and confidence in dominant asset classes.

Key Developments

1. AI Drives Sudden Tech Market Volatility
Major technology and software stocks experienced sharp sell-offs after rapid AI advancements and new product developments stoked investor fears that valuations may be overstretched.

2. Capital Rotates Into Commodities and Defensive Assets
Gold, oil, and other commodity prices strengthened as investors sought alternatives amid equity weakness, underlining renewed interest in real assets.

3. Mixed Global Economic Signals Emerge
Asian markets posted resilient data while European equities showed uneven performance, highlighting growing regional divergence in growth momentum.

4. Digital Assets Struggle for Direction
Cryptocurrencies like Bitcoin did not attract substantial safe-haven flows, raising questions about their evolving role during market stress.

Why It Matters

AI is no longer just a growth narrative — it’s provoking structural market repricing, challenging long-standing assumptions about risk assets and fueling capital rotation. This is significant in the context of global financial transitions and investment strategies.

Why It Matters to Foreign Currency Holders

Shifts toward commodities and real assets reflect emerging preferences that may outpace confidence in traditional fiat and growth-dependent instruments. For foreign currency holders, this reinforces the importance of diversification as confidence in existing financial hierarchies becomes more tenuous.

Implications for the Global Reset

Pillar 1: Capital Reallocation
AI-linked volatility accelerates movement from financialized equities to tangible stores of value, underscoring evolving definitions of wealth protection.

Pillar 2: Fragmenting Market Leadership
Tech leadership faltering with commodity strength reinforces a multipolar risk framework where no single asset class dominates stability narratives.

This is not just a tech correction — it’s a warning flare for systemic realignment.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Gold & Silver Market Whipsawed: Historic Volatility Roils Metals

Precious metals rebound after record highs and sharp corrections

Overview

Gold and silver prices experienced dramatic swings over the past 24 hours after historic highs and abrupt sell-offs earlier in the week. Metals initially plunged from record levels but have since staged notable recoveries amid heightened investor interest and bargain-hunting flows. The sharp moves reflect broader risk repricing, currency volatility, and shifting investor sentiment about safe-haven demand.

Key Developments

1. Record Sell-Off Followed by Strong Rebound
Gold and silver both plunged sharply from recent peaks — with silver dropping more than 30% from highs above $120/oz — only to rebound strongly as dips were bought and volatility eased.

2. Precious Metals Still Attractive as Safe Havens
Analysts caution that the plunge likely represents a technical correction amid extreme prior gains, not a sustained long-term trend reversal.

3. Volatility Reflects Macro and Currency Dynamics
Moves in gold and silver prices have been tied to swings in the U.S. dollar, interest-rate expectations, and risk appetite.

4. Market Participants Re-Engaging After Sharp Losses
Investors re-entered the market as prices corrected, signaling confidence that recent volatility may be pausing before the next directional move.

Why It Matters

Gold and silver are foundational hedges against currency debasement and financial instability. Large swings in their valuations reveal deepening uncertainty in global asset markets and the fragile confidence in fiat currency regimes that are central to global financial order.

Why It Matters to Foreign Currency Holders

Foreign currency holders watching precious metals see extreme volatility as a barometer of confidence in global monetary frameworks. Metals behavior can influence reserve allocation decisions and perceptions of long-term currency stability.

Implications for the Global Reset

Pillar 1: Hedge Asset Reassessment
Whipsawed price action underscores re-evaluation of traditional safe havens in a highly uncertain macro environment.

Pillar 2: Currency Confidence Signals
Extreme metals volatility signals shifting confidence in fiat money and central bank policy, feeding narratives of global monetary transition.

This isn’t just a price correction — it’s a reflection of deep systemic volatility.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Trump Signs Funding Bill Ending Partial Government Shutdown

Government reopens after short funding lapse — focus shifts to next fight over DHS funding

Overview

President Donald Trump signed a roughly $1.2 trillion government funding bill into law on February 3, 2026, officially ending a partial federal government shutdown that began late last week. The legislation restores funding to most federal agencies and sets the stage for renewed negotiations over funding for the Department of Homeland Security (DHS) and immigration policy.

Key Developments

1. Shutdown Ends After Four Days
The partial government shutdown — triggered by a funding stalemate in Congress — lasted about four days before Trump signed the bipartisan spending package. The bill funds key departments including defense, healthcare, labor, and education.

2. House Passes Bill by Narrow Margin
The House of Representatives approved the legislation by a 217–214 vote, sending it to the White House where President Trump quickly signed it into law.

3. Funding Through Fiscal Year, Short DHS Extension
The bill funds most of the federal government through September 30, 2026, but only extends DHS funding for two weeks (through Feb. 13), leaving a follow-on fight ahead.

4. Back to Negotiations on Immigration and DHS
Lawmakers are gearing up for another round of negotiations over long-term DHS funding and immigration enforcement reforms, particularly after recent high-profile incidents involving federal agents.

Why It Matters

Government shutdowns disrupt services, furlough federal workers, and shake public confidence. Ending this shutdown restores normal operations, federal employee pay, and budget certainty — albeit temporarily — while exposing ongoing partisan tensions over policy priorities, especially around immigration and border security.

Why It Matters to Federal Employees

Federal workers briefly furloughed or working without pay will now receive back pay and see normal operations resume at key agencies. However, continued uncertainty about DHS funding means disruptions could return if lawmakers don’t reach an agreement.

Implications for Broader Political Dynamics

Pillar 1: Partisan Budget Battles
The narrow vote and contentious debate underscore deep Republican–Democrat divides on federal spending priorities and immigration policy.

Pillar 2: Future Shutdown Risks
With DHS funded only short-term, lawmakers face a deadline of mid-February to prevent another shutdown, increasing the likelihood of renewed conflict.

This is not just politics — it’s the legislative gridlock shaping federal operations and economic stability.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.


For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:   • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.       Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Wednesday Morning 2-4-26

IMN Head: Iraqis Enjoy Democracy And A Competent Judiciary

The head of the Iraq Media Network (IMN), Karim Hammadi, said on Wednesday that Iraqis are living under an active democratic environment and benefit from a competent judiciary, highlighting the country’s political progress since the fall of dictatorship.

IMN Head: Iraqis Enjoy Democracy And A Competent Judiciary

The head of the Iraq Media Network (IMN), Karim Hammadi, said on Wednesday that Iraqis are living under an active democratic environment and benefit from a competent judiciary, highlighting the country’s political progress since the fall of dictatorship.

****************************

Speaking at the Saudi Media Forum, Hammadi noted that Iraqi news channels remain active and influential, playing a central role in shaping public discourse. He emphasized that, unlike the pre-2003 era when state television broadcast long presidential speeches with no public critique, today’s media landscape allows viewers to access multiple channels and social media platforms, fostering greater transparency and competition.

Hammadi pointed out that semi-official Iraqi television faces competition from private broadcasters and social media, while remaining bound by legal, social, and cultural guidelines. “Competition is intense, but we strive to engage audiences through technical, cultural, and sports programming, including exclusive coverage of local festivals and the Iraqi football league,” he said.

He also highlighted the strong public interest in political news, noting that channels such as Iraqiya News, Al Jazeera, and Al Arabiya maintain high viewership due to their rapid coverage and interactive discussions. “News channels in Iraq remain effective and will not be supplanted by social media, which lacks the capacity to deploy fully equipped teams to cover events on the ground,” Hammadi added.

He cited a recent incident in which a social media post accused a military officer of misconduct using AI-manipulated images. A television channel amplified the story before investigations debunked the claims. Hammadi said the network’s verification restored public trust, though the reputational damage to the officer and his family was difficult to reverse.

Hammadi also praised the rapid development in Riyadh, and said Iraqis feel pride in their political system. “After decades of dictatorship, we now have an environment of active democracy, with regular elections every four years to select the president, prime minister, and parliamentary speaker—a remarkable achievement in our region,” he said.

https://ina.iq/en/45253-imn-head-iraqis-enjoy-democracy-and-a-competent-judiciary.html

Interior Ministry: Government Fully Ready To Secure Borders

The Ministry of Interior affirmed on Wednesday that border security constitutes half of Iraq's overall security.

Colonel Miqdad Miri, Director of Media and Public Relations at the Ministry of Interior, told the Iraqi News Agency (INA): "Border security is half of Iraq's security, and government support is open and direct, the government is working continuously to secure the borders, and we have not ceased providing support, “He added, "Today, we are at our best in terms of support and readiness to perform our duties."

He added that "the entire Iraqi people support the border forces, the Ministry of Interior and the Iraqi army," noting that "the Popular Mobilization Forces constitute a major support in protecting Iraq."

https://ina.iq/en/45252-interior-ministry-government-fully-ready-to-secure-borders.html

CBI Governor Says Talks With U.S. Officials Were Purely Technical

Baghdad-INA  The governor of the Central Bank of Iraq-CBI Ali al-Allaq said on Wednesday that recent talks with U.S. officials focused solely on technical issues.

*******************************

In a message response to Bloomberg, followed by the Iraqi News Agency (INA), Al-Allaq said the discussions held with the U.S side in Turkey were “purely technical in nature.”  He added that the talks did not address any matters of a political or other non-technical dimension.

https://ina.iq/en/45247-cbi-governor-says-talks-with-us-officials-were-purely-technical.html

Dollar Cllimbs In Baghdad And Erbil Markets

2026-02-04 Shafaq News- Baghdad/ Erbil   The US dollar opened Wednesday’s trading higher in Iraq, crossing the 150,000-dinar mark per 100 dollars.

A Shafaq News market survey showed the dollar trading in Baghdad's Al-Kifah and Al-Harithiya exchanges at 150,100 dinars per 100 dollars, up from yesterday’s close of 149,000 dinars.

In Baghdad, exchange shops sold the dollar at 150,500 dinars and bought it at 149,500 dinars, while in Erbil, selling prices reached 150,150 dinars and buying prices stood at 150,000 dinars

https://www.shafaq.com/en/Economy/Dollar-cllimbs-in-Baghdad-and-Erbil-markets

Gold Prices Increase In Baghdad And Erbil Markets

2026-02-04 Shafaq News- Baghdad/ Erbil   On Wednesday, gold prices increased reaching 1.06 million IQD per mithqal in Baghdad and Erbil markets, continuing their upward trend, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1,073,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,069,000 IQD. The same gold had sold for 1,035,000 IQD on Tuesday.

The selling price for 21-carat Iraqi gold stood at 1,043,000 IQD, with a buying price of 1,039,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,075,000 and 1,085,000 IQD, while Iraqi gold sold for between 1,045,000 and 1,055,000 IQD.

In Erbil, 22-carat gold was sold at 1,163,000 IQD per mithqal, 21-carat gold at 1,110,000 IQD, and 18-carat gold at 952,000 IQD.   https://www.shafaq.com/en/Economy/Gold-prices-increase-in-Baghdad-and-Erbil-markets-6

Basrah Crudes Rise With A Global Surge

2026-02-04 Shafaq News– Basrah   Basrah crude prices recorded gains of around 0.5% on Wednesday, moving along the broader trend in global oil markets.

Basrah Heavy crude rose by 29 cents, or 0.48%, to $60.78 per barrel, while Basra Medium crude increased by 29 cents, or 0.46%, to settle at $63.23 per barrel.

In international markets, Brent crude futures rose 56 cents, or 0.8%, to $67.89 a barrel. US West Texas Intermediate crude (WTI) climbed 63 cents, or 1.0%, to $63.84 a barrel.

https://www.shafaq.com/en/Economy/Basrah-crudes-rise-with-a-global-surge-7

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“Tidbits From TNT” Wednesday Morning 2-4-2026

TNT:

Tishwash:  Arab and international companies express their desire to enter the Iraqi market.

The third day of the Baghdad International Fair witnessed the organization of numerous economic events and international forums, which saw broad participation from experts in the economic, industrial, and agricultural sectors.

The day's activities focused on the importance of resource management, building effective partnerships, and exchanging expertise to support development and improve the business environment.

TNT:

Tishwash:  Arab and international companies express their desire to enter the Iraqi market.

The third day of the Baghdad International Fair witnessed the organization of numerous economic events and international forums, which saw broad participation from experts in the economic, industrial, and agricultural sectors.

The day's activities focused on the importance of resource management, building effective partnerships, and exchanging expertise to support development and improve the business environment.

 Yesterday, a seminar on water conservation was held with the participation of representatives from the Ministries of Water Resources, Trade, and Agriculture. The seminar focused on the current state of water resources in Iraq and the challenges they face, as well as discussing mechanisms for rationalizing consumption and increasing efficiency in water use across the agricultural, industrial, and commercial sectors. 

The participants emphasized the importance of raising community awareness and adopting modern technologies that contribute to preserving water and ensuring its sustainability for future generations.

International conferences 

With the aim of strengthening international economic cooperation, yesterday’s events included the organization of the Iraqi-French Business Forum, which focused on exploring partnership opportunities in multiple fields, particularly the productive and investment sectors, and exchanging experiences between the two sides in a way that contributes to supporting economic development. 

The exhibition also witnessed yesterday the convening of the Iraqi-Swedish Business Forum with the participation of company representatives and businessmen, where they discussed joint cooperation, the transfer of expertise and successful experiences, and opening new channels of communication that contribute to developing the business environment, supporting the national economy, and meeting the requirements for attracting investments. Global markets into the Iraqi market.

Saudi wing 

For his part, Nizar Al-Suhaibani, representative of the Saudi Arabian pavilion at the Baghdad International Fair, confirmed that Saudi participation in the 49th edition of the fair was distinguished and extensive, with the presence of 32 companies specializing in various fields including industries, modern technological services, and the sector. 

Food industries.

Al-Suhaibani explained that this diversity of companies reflects the scale of development the Kingdom is witnessing in its productive and service sectors. It also reflects the keenness of Saudi companies to establish a presence in the Iraqi market and build long-term economic and commercial partnerships. He pointed out that the Baghdad International Fair is an important platform for direct communication with Iraqi businesspeople and investors and for showcasing Saudi products. And Saudi services.

Technology fields

The spokesperson explained that the participating companies are seeking to create opportunities for cooperation and joint investment, and to exchange expertise, particularly in the fields of technology and modern industries, which are experiencing increasing demand in the Iraqi market. He also noted that the food industry sector receives special attention due to its importance in meeting consumer needs and enhancing food security.

Strengthening cooperation

Al-Suhaibani added that the Saudi participation confirms the strength of the economic relations between the two countries and reflects the common desire to enhance trade cooperation in a way that serves the interests of both sides, expecting that this participation will result in new partnerships and job opportunities during the next stage.

Banking sector 

The banking sector was present at the exhibition, as the Executive Director of the Association of Iraqi Banks, Ali Tariq, confirmed that the participation of the financial sector in the 49th session of the Baghdad International Fair was active and extensive, and reflects the banking system’s keenness to be directly present with the public and to highlight its role in supporting the economic and developmental movement in the country.

segments of society

Tariq noted that the participating banks' booths witnessed a significant turnout of visitors, particularly due to the diverse range of banking services offered, designed to serve various segments of society, from individuals and owners of small and medium-sized enterprises to corporations and merchants. He added that the exhibition represents an important opportunity to strengthen trust between citizens and banking institutions through direct communication and explanations of modern banking mechanisms.

Free accounts

Tariq pointed out that the participating banks focused on introducing the basic services that contribute to facilitating daily financial transactions, most notably opening free bank accounts, and explaining the advantages of financial inclusion and its importance in regulating monetary movement and supporting the national economy, and that this step aims to encourage citizens to engage in the formal banking system and benefit from services that keep pace with financial and technological developments.

Financial systems 

Tariq explained that the financial sector's participation in the Baghdad International Fair aligns with the directives of the Iraqi government and the Central Bank of Iraq aimed at developing the banking sector, promoting a culture of banking transactions, and supporting the transition to modern financial systems. He noted that continued participation in such events contributes to raising banking awareness and opens new avenues for cooperation between banks and various economic sectors. He added that the Baghdad International Fair serves as an important platform for showcasing capabilities and opportunities, and reflects a positive image of the financial sector's development and its ability to meet evolving needs. 

The next stage.

Jordanian wing 

For his part, the official in charge of the Jordanian pavilion at the Baghdad International Fair confirmed 

International expert Khaled Al-Saoub stated that Jordan's participation in the 49th edition of the exhibition came through 30 companies specializing in industrial products, in a step that reflects the Jordanian companies' keenness to strengthen their presence in the Iraqi market and expand areas of cooperation. Trade between the two countries.

Diverse industrial sectors

Al-Saoub pointed out that the participating companies represent diverse industrial sectors and are seeking to showcase their products and manufacturing capabilities, as well as explore partnership opportunities with both the public and private sectors in Iraq. He explained that the Baghdad International Fair provides a suitable environment for direct communication with businesspeople and investors, and contributes to opening new channels of cooperation that serve the interests of both parties.

economic integration

He added that the Jordanian pavilion witnessed remarkable interest from visitors, especially those specializing in industrial affairs, stressing that this participation comes within the framework of strengthening economic and industrial relations between Jordan and Iraq, in order to achieve economic integration and support trade exchange during the next stage.

Egyptian participation

For his part, the representative of the Arab Republic of Egypt's pavilion at the Baghdad International Fair stated that Egypt's participation in the 49th session of the fair included more than 60 exhibits, occupying a large area of ​​the exhibition space, in a clear indication of the extent of Egyptian interest in being present at this economic event. the important.

Opportunities for collaboration 

He explained that the participating Egyptian companies represent multiple sectors, including various industries, building materials, engineering products and other service and commercial fields, reflecting the diversity of the Egyptian production base and its ability to meet the needs of regional markets. He noted that the turnout at the Egyptian pavilion was remarkable from visitors and businessmen, who showed interest in learning about the products and available cooperation opportunities.

New Horizons

He added that this participation reflects the depth of economic relations between Iraq and Egypt, and contributes to opening new horizons for trade and investment cooperation, stressing that the Baghdad International Fair constitutes an important platform for strengthening partnerships and building sustainable economic relations during the next stage.  link

************

Tishwash: The Minister of Finance affirms Iraq's commitment to strengthening cooperation with regional and international financial institutions.

Finance Minister Taif Sami affirmed on Monday Iraq's commitment to strengthening cooperation with regional and international financial institutions.

A statement from the Ministry of Finance, received by the Iraqi News Agency (INA), indicated that "Finance Minister Taif Sami participated in the 10th Arab Public Finance Forum, which commenced today in Jumeirah, Dubai.

The forum was jointly organized by the UAE Ministry of Finance and the Arab and International Monetary Funds, as part of the preparatory day for the World Government Summit 2026."


The statement added that "Iraq's participation was marked by active engagement in the discussion sessions, which included Arab finance ministers and a select group of international economic experts.

These sessions addressed prospects for economic growth in the Arab region and ways to enhance financial sustainability in light of current global challenges."

He added that "the session's agenda focused on discussing the Arab world's economic and financial priorities for the coming years, in addition to reviewing the key issues and contributions made by the Arab Financial Forum during the decade spanning from 2015 to 2025. The forum also provided a vital opportunity for participants to consider how to develop the forum's tools to best serve their goals, visions, and future needs."

According to the statement, Minister Taif Sami emphasized "Iraq's commitment to strengthening cooperation with regional and international financial institutions in a way that serves the government's vision of achieving financial stability and developing public resource management."

She noted that "this forum represents an opportunity to discuss policies that support sustainable development, while emphasizing Iraq's continued efforts to modernize its financial and tax systems in line with international standards."

The statement concluded that "the forum discussed the most prominent challenges related to the digital transformation of public finances and the role of technology and artificial intelligence in enhancing governance efficiency and improving public spending management.

It also explored ways to strengthen the resilience of public finances in the face of global economic shocks and enhance the ability to adapt to financial fluctuations, thus ensuring the stability of sustainable economic paths." link

************

Mot: Always Can Count of ole""Earl"" we Can!!!

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‘Something Fishy’ At Fort Knox: Giustra on The US Audit & Hidden Gold Flows

‘Something Fishy’ At Fort Knox: Giustra on The US Audit & Hidden Gold Flows

Kitco News: 2-3-2026

Is the paper gold market finally breaking?

 Frank Giustra, CEO of the Fiore Group, joins Anchor Jeremy Szafron to break down the recent market volatility, calling the flash crash a calculated "take down" and a "liquidity event."

Giustra argues that after 50 years of dominance, the paper market is "losing its efficacy" as pricing power shifts to physical delivery in Asia.

‘Something Fishy’ At Fort Knox: Giustra on The US Audit & Hidden Gold Flows

Kitco News: 2-3-2026

Is the paper gold market finally breaking?

 Frank Giustra, CEO of the Fiore Group, joins Anchor Jeremy Szafron to break down the recent market volatility, calling the flash crash a calculated "take down" and a "liquidity event."

Giustra argues that after 50 years of dominance, the paper market is "losing its efficacy" as pricing power shifts to physical delivery in Asia.

 In this deep dive, Giustra warns that the US is living on "borrowed time" as the national debt spirals, predicting that the "end of the time of fiat" is inevitable.

He analyzes the White House's new "Project Vault," declares that "globalization is as dead as the dodo bird," and questions the "mystery" of Fort Knox—asking why the US refuses to audit its reserves while China covertly accumulates bullion.

Plus, Giustra issues a stark warning on Bitcoin, stating it is "running out of buyers" and facing a "great unraveling." Recorded on February 3, 2026

Timestamps:

 00:00 Introduction and Market Overview

01:23 Flash Crash Analysis: Was it a "Take Down"?

03:57 Paper Gold vs. Physical Gold: The Shift in Power

07:03 Government Initiatives: Project Vault & Global Competition

12:15 US Debt: Living on "Borrowed Time"

18:02 Global Gold Accumulation: Who is Buying?

20:54 China's Gold Strategy: A "Sanctions-Free" Trade Channel

23:39 The Future of Digital Currencies & CBDCs

25:33 Synthetic Foreign Demand for US Debt

25:53 The Growing US Deficit and Interest Rates

27:31 Stablecoins and Dollar Dominance

28:04 Concerns Over State Surveillance

29:20 The Mystery of Fort Knox: "Something Fishy"

33:15 The Volatile Mining Market: "Early Days"

37:15 The Risks of Bitcoin: "Running Out of Buyers"

42:13 The Future of Gold and Copper

47:07 Conclusion and Final Thoughts

https://www.youtube.com/watch?v=h8VfuKlED6o

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IQD Value Drops Second Straight Day, Iraq on the Edge

IQD Value Drops Second Straight Day, Iraq on the Edge

Edu Matrix:  2-2-2026

The political landscape in Iraq is once again at a critical juncture, with the country teetering on the edge of a significant power shift.

At the heart of the turmoil is the election of a new president and prime minister, a process mired in controversy and stalled by boycotts and political maneuvering.

IQD Value Drops Second Straight Day, Iraq on the Edge

Edu Matrix:  2-2-2026

The political landscape in Iraq is once again at a critical juncture, with the country teetering on the edge of a significant power shift.

At the heart of the turmoil is the election of a new president and prime minister, a process mired in controversy and stalled by boycotts and political maneuvering.

 A recent video sheds light on the complexities of the situation, revealing a tangled web of internal divisions and external influences that threaten to undermine Iraq’s sovereignty.

One of the most contentious issues is the potential return of former Prime Minister Nouri al-Maliki to power. Maliki’s past leadership has been marked by sectarian policies that many believe contributed to the rise of extremist groups in the region.

The prospect of his resurgence has sparked fierce opposition, with some factions determined to prevent him from regaining control. A significant factor in this opposition is the substantial sum of $100 billion held in the Federal Reserve, which some parties are keen to keep out of Maliki’s hands.

The video asserts that certain political factions are deliberately boycotting parliamentary sessions, effectively blocking the election of a president, a necessary step towards selecting a prime minister.

This stalemate has resulted in repeated delays, with the political process grinding to a halt. The situation is further complicated by Iraq’s deeply entrenched sectarian divisions and historical power balances, which continue to shape the country’s politics.

Despite claims in the media that Iraq is asserting its independence from external influence, the video argues that this narrative is misleading. Foreign interests, particularly those aligned with former U.S. policies, remain heavily involved in Iraq’s political affairs.

The speaker suggests that these external actors are playing a significant role in shaping the country’s political trajectory, often to the detriment of Iraq’s true sovereignty.

The stakes are high in this complex political standoff, with both internal Iraqi factions and international actors vying for control. The outcome will not only determine the country’s leadership but also its future trajectory.

 Will Iraq be able to break free from the shackles of external influence and forge a path that is truly its own, or will the forces of sectarianism and foreign interference continue to dominate its politics?

For those seeking a deeper understanding of the intricacies at play, the full video from Edu Matrix offers valuable insights into the ongoing turmoil in Iraq. As the situation continues to unfold, one thing is clear: the fate of Iraq hangs in the balance, and the world is watching with bated breath.

https://youtu.be/gip42Ry0oz8

 

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Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 2-3-26

Good Afternoon Dinar Recaps,

Metals Markets Rebound & Ripple Wins Major EU Payments License

Precious metals stabilize after sharp sell-off as blockchain payments infrastructure gains regulatory boost

Good Afternoon Dinar Recaps,

Metals Markets Rebound & Ripple Wins Major EU Payments License

Precious metals stabilize after sharp sell-off as blockchain payments infrastructure gains regulatory boost

 Overview

Global metals markets showed renewed strength after recent turbulence, while a leading blockchain payments firm secured a significant regulatory milestone in Europe. Both developments signal evolving investor sentiment in physical commodities and digital financial infrastructure, with implications for portfolio strategies and cross-border finance.

Key Developments

  • Metals Rebound After Volatility:
    Gold, silver, and copper prices recovered from a recent sell-off as traders reassessed risk and unwound crowded positions, lifting mining stocks and stabilizing commodities sentiment.

  • Copper and Industrial Metals Extend Gains:
    Copper rebounded from a two-day slump amid easing metals market pressure, as industry groups urged strategic stockpiling — underscoring resilience in industrial metals demand.

  • Precious Metals Bearish Pressure Eases:
    The sharp declines in gold and silver — which had forced major short-covering earlier in the week — lost momentum as markets digested recent macroeconomic signals and adjusted trading flows.

  • Ripple Secures Full EU Electronic Money License:
    In payments news, Ripple — a major blockchain and cross-border payments provider — received full authorization as an Electronic Money Institution (EMI) from Luxembourg’s financial regulator, enabling it to scale regulated services across the European Union.

Why It Matters

Commodity Stabilization: Metals are a key barometer of economic risk and inflation expectations. Their rebound can signal shifts in investor positioning and confidence after a period of heightened volatility.

Payments Infrastructure: Regulatory approval for Ripple in the EU legitimizes blockchain-based payments infrastructure and could accelerate adoption of regulated digital rails that challenge or augment traditional correspondent banking.

Why It Matters to Foreign Currency Holders

  • Metals price stability can ease pressure on inflation-linked currencies

  • Renewed demand for safe havens often affects USD strength and emerging market FX

  • Blockchain payments licensing signals diversification of cross-border settlement mechanisms

Implications for the Global Reset

Pillar 1 — Markets & Risk Sentiment:
A metals rebound highlights how investor sentiment shifts rapidly in response to global macro flows and risk pricing, affecting portfolios, commodities exchange liquidity, and strategic reserve decisions.

Pillar 2 — Payments & Financial Infrastructure:
Regulated blockchain licensing marks incremental progress toward modernizing cross-border payments. This supports emerging alternatives to legacy systems — potentially affecting how value is transferred internationally and how central banks respond.

This is not simply market noise — it reflects realignment in both physical commodity allocations and financial infrastructure evolution.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

U.S. Navy Shoots Down Iranian Drone Near Aircraft Carrier

Escalation in the Gulf rattles oil markets as nuclear talks hang in the balance

Overview

Tensions between Washington and Tehran escalated after U.S. forces shot down an Iranian drone near an American aircraft carrier in the Arabian Sea. The incident unfolded amid fragile diplomatic efforts to restart nuclear negotiations and was followed by a sharp rise in oil prices, highlighting the global financial stakes tied to Middle East security.

Key Developments

  • Drone Neutralized Near Carrier Group:
    A U.S. Navy F-35 fighter jet shot down an Iranian Shahed-139 drone after it approached the USS Abraham Lincoln carrier strike group. U.S. officials stated the action was taken in self-defense to protect the vessel and its crew.

  • No Casualties or Damage Reported:
    The Pentagon confirmed that no U.S. personnel or equipment were harmed during the interception, underscoring the controlled but tense nature of the encounter.

  • Strait of Hormuz Confrontation:
    In a separate incident, Iranian forces harassed the U.S.-flagged tanker M/V Stena Imperative, ordering it to stop for boarding. The tanker instead accelerated away as the U.S. Navy destroyer USS McFaul provided escort, preventing further escalation.

  • Oil Prices React Immediately:
    Following news of the shootdown and tanker harassment, crude oil prices jumped more than $1 per barrel, reflecting renewed fears over shipping disruptions in one of the world’s most critical energy corridors.

Why It Matters

The Arabian Sea and Strait of Hormuz are vital arteries for global energy flows. Even limited military encounters in these waters can ripple through markets, raise insurance costs, and pressure supply chains. This incident reinforces how geopolitical flashpoints remain tightly linked to financial stability.

Why It Matters to Foreign Currency Holders

  • Rising oil prices strengthen energy-linked currencies while pressuring import-dependent economies

  • Heightened Middle East risk accelerates diversification away from dollar-centric trade routes

  • Naval security incidents amplify calls for alternative settlement systems outside U.S.-controlled chokepoints

Implications for the Global Reset

Pillar 1 — Energy & Trade Security:
Persistent instability in the Gulf accelerates long-term shifts toward diversified energy sourcing and non-traditional shipping corridors.

Pillar 2 — Currency & Financial Realignment:
As sanctions, military presence, and energy pricing intersect, nations continue exploring bilateral trade settlements and reserve diversification to reduce exposure to geopolitical shocks.

This is not just a military encounter — it’s a reminder that global finance remains deeply entangled with strategic power and energy security.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

BRICS Unity Tested as South Africa Weighs 50% Tariffs on China and India

Trade protection exposes fractures inside the bloc as members quietly compete for U.S. favor

Overview

South Africa’s consideration of imposing steep tariffs on vehicle imports from China and India is raising fresh doubts about the cohesion of the BRICS alliance. While the expanded bloc publicly promotes economic solidarity and cooperation, real-world trade actions suggest intensifying competition — not coordination — among member states.

******************************************

Key Developments

  • Proposed 50% Auto Tariffs:
    South Africa is evaluating tariffs of up to 50% on cars imported from China and India, citing the need to protect its domestic automotive industry from an influx of low-cost foreign vehicles.

  • Intra-BRICS Trade Tensions:
    The move targets two fellow BRICS members, undermining public commitments made at recent summits emphasizing mutual economic support and shared growth.

  • Shift Toward U.S. Trade Priorities:
    Analysts note that several BRICS countries are quietly recalibrating trade strategies to secure better access to U.S. markets, even if it means imposing barriers on alliance partners.

  • Growing Trust Deficit:
    India’s recent $10 billion investment into rare-earth mining — aimed at reducing reliance on China — highlights strategic mistrust within the bloc, despite coordinated rhetoric during high-profile meetings.

Why It Matters

BRICS has positioned itself as a counterweight to Western-led economic structures. However, unilateral protectionist policies among members weaken its credibility as a coordinated economic force and expose structural contradictions between political messaging and national economic interests.

Why It Matters to Foreign Currency Holders

  • Fragmentation within BRICS complicates expectations around de-dollarization

  • Trade disputes reduce confidence in unified alternative settlement systems

  • Currency realignment efforts lose momentum when member states act independently

Implications for the Global Reset

Pillar 1 — Trade & Industrial Policy:
Rising protectionism within BRICS mirrors global trends toward economic nationalism, even inside alliances built on “South-South cooperation.”

Pillar 2 — Currency & Power Realignment:
Without internal trust and coordinated trade policy, BRICS’ ambition to reshape the global financial order faces structural limitations.

This is not just a tariff debate — it’s a stress test for whether BRICS is an alliance of strategy or merely a stage for speeches.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

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Thank you Dinar Recaps

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Iraq Economic News and Points To Ponder Tuesday Afternoon 2-3-26

Iraq: Committed To Strengthening Cooperation With Regional And International Financial Institutions

BAGHDAD  Finance Minister Taif Sami affirmed on Monday Iraq's commitment to strengthening cooperation with regional and international financial institutions.  Sami participated in the 10th Arab Public Finance Forum, which commenced today in Jumeirah, Dubai. The forum was jointly organized by the UAE Ministry of Finance and the Arab and International Monetary Funds, as part of the preparatory day for the World Government Summit 2026, according to a statement from the Ministry of Finance, received by the Iraqi News Agency - INA.

Iraq: Committed To Strengthening Cooperation With Regional And International Financial Institutions

BAGHDAD  Finance Minister Taif Sami affirmed on Monday Iraq's commitment to strengthening cooperation with regional and international financial institutions.  Sami participated in the 10th Arab Public Finance Forum, which commenced today in Jumeirah, Dubai. The forum was jointly organized by the UAE Ministry of Finance and the Arab and International Monetary Funds, as part of the preparatory day for the World Government Summit 2026, according to a statement from the Ministry of Finance, received by the Iraqi News Agency - INA.

Iraq's participation was marked by “active engagement in the discussion sessions, which included Arab finance ministers and a select group of international economic experts.”

“These sessions addressed prospects for economic growth in the Arab region and ways to enhance financial sustainability in light of current global challenges. The session's agenda focused on discussing the Arab world's economic and financial priorities for the coming years, in addition to reviewing the key issues and contributions made by the Arab Financial Forum during the decade spanning from 2015 to 2025.

 The forum also provided a vital opportunity for participants to consider how to develop the forum's tools to best serve their goals, visions, and future needs."

According to the statement, Sami emphasized "Iraq's commitment to strengthening cooperation with regional and international financial institutions in a way that serves the government's vision of achieving financial stability and developing public resource management."

“This forum represents an opportunity to discuss policies that support sustainable development, while emphasizing Iraq's continued efforts to modernize its financial and tax systems in line with international standards," she pointed out.

The statement concluded that "the forum discussed the most prominent challenges related to the digital transformation of public finances and the role of technology and artificial intelligence in enhancing governance efficiency and improving public spending management. It also explored ways to strengthen the resilience of public finances in the face of global economic shocks and enhance the ability to adapt to financial fluctuations, thus ensuring the stability of sustainable economic paths."

https://ina.iq/en/economy/45216-iraq-committed-to-strengthening-cooperation-with-regional-and-international-financial-institutions.html

Oil Falls On Possible US-Iran De-Escalation, Firm Dollar

Oil prices fell on Tuesday, easing for a second day, as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, while a firmer dollar placed greater downside pressure on prices.

Brent crude futures fell 39 cents, or 0.5%, at $65.91 per barrel at 0330 GMT. U.S. West Texas Intermediate crude was at $61.83 per barrel, down 31 cents, or 0.5%.

Iran and the U.S. are expected to resume nuclear talks on Friday in Turkey, officials from both sides told Reuters on Monday, and Trump warned that with big U.S. warships heading to Iran, bad things could happen if a deal was not reached.

"The sharp up-and-down moves in oil prices over the last few sessions look more like sentiment-driven trading rather than any major shift in fundamentals," said Phillip Nova senior market analyst Priyanka Sachdeva. "After last week's rally, markets quickly gave back gains as broader risk assets also turned volatile."

"With no fresh escalation on the geopolitical front and macro data still mixed, oil clearly failed to hold onto gains."

Weighing on prices further, the U.S. dollar index (.DXY), opens new tab hovered near a high of more than a week. A stronger greenback hurts demand for dollar-denominated crude from foreign buyers.

"The continued recovery in the US dollar yesterday, following President Trump's nomination of Kevin Warsh as the next Federal Reserve chair, also exerted downward pressure on oil prices," ING analysts said in a note.

On the trade front, Trump on Monday unveiled a deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers.

"Overnight, the US and India agreed on a trade deal ... if we do see this happen, it will only lead to a further increase in the amount of Russian oil floating at sea," the ING analysts said.

Trump announced the deal on social media following a call with Indian Prime Minister Narendra Modi, noting that India had agreed to buy oil from the U.S. and possibly Venezuela.

Some analysts said they were expecting volatile price movements this month.

"Looking ahead into February, prices are likely to remain choppy and range-bound ... (they) are expected to stay highly reactive to headlines and macro cues rather than a decisive trend, with risk skewed to the downside," said Phillip Nova's Sachdeva.

SOURCE: REUTERS  https://ina.iq/en/economy/45221-oil-falls-on-possible-us-iran-de-escalation-firm-dollar.html

Gold Recovers Lost Ground After Record-Breaking Volatility

2026-02-03   Shafaq News   Gold and silver rebounded more than 2% on Tuesday after a sharp selloff that was triggered by the nomination of Kevin Warsh as the next Fed chair and higher margin requirements at CME Group.

Spot gold climbed 2.2% to $4,767.33 per ounce, after touching a near one-month low on Monday. Bullion scaled a record high of $5,594.82 on Thursday.

U.S. gold futures for April delivery were up 3% at $4,791.10 per ounce.

"It's a reasonable call that this is somewhere around fair value potentially, if you consider that we saw a market behaving fairly irrationally for a few weeks there," said Kyle Rodda, a senior market analyst at Capital.com.

"The current prices take gold and silver back to where they were, early in the second half of January."

Gold rose nearly 13% in January in its biggest monthly gain since November 2009, while silver jumped 19%.

"The markets endorsed Warsh's nomination by U.S. President Donald Trump as someone relatively credible and so we saw the dollar move on that basis and again, that was kind of like the pin that popped the big precious metals," Rodda added.

CME Group (CME.O) raised margin requirements on precious metal futures after Monday's market close.

The U.S. Bureau of Labor Statistics said on Monday the closely watched employment report for January would not be released this Friday because of a partial shutdown of the federal government.

The House of Representatives, though, was due to convene on Monday to take up legislation, with a final vote expected on Tuesday. Unlike last year's record 43-day shutdown, which caused an economic data blackout, the Commerce Department is funded until September 30.

Investors expect at least two Federal Reserve interest rate cuts in 2026. Non-yielding bullion tends to perform better in low-interest-rate environments.  Spot silver rose 2.8% to $81.61 an ounce. It had hit a record high of $121.64 on Thursday.(Reuters)   https://www.shafaq.com/en/Economy/Gold-recovers-lost-ground-after-record-breaking-volatility

Iran’s Oil Sales Via The Gulf Continue Normally

2026-02-03   Shafaq News- Tehran   Iran’s oil sales and transfer operations to buyers continue under normal conditions, Fars News cited the National Iranian Oil Company on Tuesday.

A well-informed source told Fars that the pace of oil sales has improved significantly over the past two weeks, adding that the level of discounts offered by Iran is far lower than figures reported by some foreign media outlets.

“All oil tankers currently departing Iran have identified buyers,” sources told Fars.

Earlier, the US Treasury Department sanctioned nine oil tankers and eight companies it said are part of Iran’s “shadow fleet,” stepping up pressure on Tehran over the alleged killing of protesters. It said the vessels and their owners or managers, based in India, Oman, and the UAE, helped export hundreds of millions of dollars’ worth of Iranian oil and petroleum products in violation of sanctions.

Oil prices fell on Tuesday, easing for a second day, as market participants weighed the possibility of a de-escalation in US-Iran tensions, while a firmer dollar placed greater downside pressure on prices.

Brent crude futures fell 39 cents, or 0.5%, to $65.91 per barrel at 03:30 GMT. US West Texas Intermediate crude was at $61.83 per barrel, down 31 cents, or 0.5%. 

https://www.shafaq.com/en/Economy/Iran-s-oil-sales-via-the-Gulf-continue-normally

Iraq’s Nasiriyah Oil Field Raises Production To 90K Barrels Per Day

 2026-02-03 Shafaq News- Dhi Qar   Crude oil production at the Nasiriyah oil field in southern Iraq’s Dhi Qar province has surged for the first time from 52,000 to 90,000 barrels per day, marking a significant boost to national output, the Dhi Qar Oil Company told Shafaq News on Tuesday.

Rashid Sharhan, the company’s deputy director for production affairs, said that the increase resulted from sustained technical and engineering efforts, including upgrades to field infrastructure, improved efficiency of producing wells, and the introduction of modern technologies that helped raise output levels.

The company, he added, has begun drilling a new exploratory well at the Abu Al-Khaima oil field and an oil well at the Al-Battah field within an exploration block, as part of efforts to assess reservoirs and expand reserves to support medium- and long-term production sustainability.

 “The company also plans to drill 20 additional oil wells in the next phase —10 each at the Subba and Nasiriyah fields— under a broader development program aimed at boosting output capacity and meeting rising crude demand.”

https://www.shafaq.com/en/Economy/Iraq-s-Nasiriyah-oil-field-raises-production-to-90-000-barrels-per-day  

On associated gas, he indicated that the Dhi Qar Oil Company is working to utilize all produced volumes and prevent waste through projects focused on gas collection and processing to supply the national grid, pointing out that increasing associated gas production directly supports crude oil and gas output while reducing flaring.

According to Sharhan, the company is coordinating with the Oil Ministry and relevant authorities to advance associated gas investment projects in line with national plans to maximize resources, reduce imports, and support the electricity and industrial sectors.

Last month, the Organization of the Petroleum Exporting Countries (OPEC) data showed that Iraq ranked fourth worldwide among countries with the largest proven crude oil reserves, estimated at around 145 billion barrels.

Iraq, OPEC’s second-largest producer, continues to deepen its reliance on crude oil, which still provides more than 90% of government revenue, as it expands capacity through new projects. The Iraqi Drilling Company reported drilling and rehabilitating 237 oil wells nationwide in 2025, underscoring Baghdad’s strategy to boost upstream output despite repeated calls for economic diversification.

Read more: Without oil: Iraq's economic future hanging in the balance

Read more: Iraq's gas flaring paradox: a wealth of resources, a nation in need

https://www.shafaq.com/en/Economy/Iraq-s-Nasiriyah-oil-field-raises-production-to-90-000-barrels-per-day

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Everything you Need to know about Kevin Warsh

Everything you Need to know about Kevin Warsh

Heresy Financial:  2-3-2026

In a move that caught many market watchers off guard, President Donald Trump has announced his intention to replace Jerome Powell with Kevin Warsh as the chairman of the Federal Reserve.

Warsh, a former Fed governor, is known for his critical views on the central bank’s past monetary policies, particularly quantitative easing (QE) and low interest rates. So, what can we expect from Warsh’s leadership, and how will it impact the economy?

Everything you Need to know about Kevin Warsh

Heresy Financial:  2-3-2026

In a move that caught many market watchers off guard, President Donald Trump has announced his intention to replace Jerome Powell with Kevin Warsh as the chairman of the Federal Reserve.

Warsh, a former Fed governor, is known for his critical views on the central bank’s past monetary policies, particularly quantitative easing (QE) and low interest rates. So, what can we expect from Warsh’s leadership, and how will it impact the economy?

Warsh’s history at the Fed dates back to his tenure from 2006 to 2011, during which he played a key role in designing bailout programs like the Troubled Asset Relief Program (TARP). However, after leaving the Fed, Warsh became increasingly vocal about his concerns regarding the continuation and expansion of QE and loose monetary policies.

 He argued that these policies have exacerbated wealth inequality by disproportionately inflating asset prices while failing to improve wages and employment for the broader population.

Despite Trump’s vocal desire for lower interest rates and criticism of Powell, Warsh’s track record suggests that he will not bow to political pressure to aggressively print money or excessively loosen policy. Instead, he may focus on gradually reducing the Fed’s balance sheet and controlling asset price inflation.

 This approach may signal a shift in tone, but it’s unlikely to change the Fed’s fundamental role in facilitating continuous government borrowing and money supply expansion.

The markets reacted with a mild sell-off following the announcement, with gold prices dropping sharply as well. This reflects investors’ reassessment of the Fed’s future direction under Warsh.

 While the initial reaction was negative, it’s worth noting that Warsh’s appointment may bring a more measured approach to monetary policy, which could ultimately benefit the economy in the long run.

The discussion around Warsh’s appointment also highlights the complex dynamics between short-term and long-term interest rates. Trump has pushed for lower short-term rates to ease government borrowing costs, but long-term rates have been rising due to inflation concerns and increased money supply.

The Federal Reserve’s regulatory framework, particularly the supplementary leverage ratio that limits banks’ ability to hold Treasuries, plays a crucial role in this environment.

There’s a growing push to deregulate this ratio, allowing banks to hold more Treasuries and effectively act as quasi-quantitative easing agents by purchasing government debt. This deregulation, combined with a Fed backstop, could enable banks to support government borrowing at favorable rates.

 However, this comes at a cost, as it may increase wealth inequality and disadvantage ordinary citizens.

Ultimately, regardless of who leads the Fed, the institution’s fundamental role remains to facilitate continuous government borrowing and money supply expansion to avoid deflationary spirals. While Warsh’s approach may differ in tone and method from Powell’s, the systemic pressures shaping Fed policy are unlikely to change.

 The Fed must keep the money flowing to sustain the economy and manage the national debt, often to the detriment of average workers and savers.

As we watch the unfolding drama around Warsh’s appointment, it’s clear that the Fed’s policies will continue to have far-reaching consequences for the economy. For further insights and information, be sure to check out the full video from Heresy Financial.

In conclusion, Warsh’s appointment as Fed chair may signal a shift in tone, but it’s unlikely to change the central bank’s fundamental role in facilitating government borrowing and money supply expansion. As the economy continues to evolve, it will be crucial to monitor the Fed’s policies and their impact on the broader population.

https://youtu.be/96dDB3bgvJE

 

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Seeds of Wisdom RV and Economics Updates Tuesday Morning 2-3-26

Good Morning Dinar Recaps,

Historic Shift: From Financial Hegemony to a System-Based Global Order  

Volatility exposes stress beneath the global monetary system

Good Morning Dinar Recaps,

Historic Shift: From Financial Hegemony to a System-Based Global Order  

Volatility exposes stress beneath the global monetary system

 

Overview

Global precious metals markets experienced a historic selloff as gold and silver prices plunged sharply following a surge in U.S. dollar strength, rising interest-rate expectations, and aggressive risk reallocation across global portfolios. The move coincided with heightened sensitivity to U.S. monetary leadership signals and margin tightening in futures markets, raising deeper questions about price discovery and systemic stability during a global monetary transition.

Key Developments

Dollar Strength Triggers Forced Liquidation
Gold and silver suffered their steepest declines in years as the dollar surged on expectations of tighter monetary discipline following the Federal Reserve chair nomination. Gold fell nearly 10% in a single session, while silver lost more than 30% from recent highs, reflecting widespread deleveraging rather than a fundamental rejection of metals.

Margin Hikes Accelerate the Decline
CME Group raised margin requirements on precious metals futures, forcing leveraged traders to liquidate positions. Analysts noted that these margin hikes tend to amplify downside volatility by triggering mechanical selling across paper markets, regardless of physical supply-demand conditions.

Risk Reallocation Over Safe-Haven Abandonment
Market participants shifted capital toward cash and dollar-denominated assets amid uncertainty over future monetary policy direction. Despite the selloff, analysts cautioned that long-term drivers of precious metals demand — including sovereign debt growth and geopolitical risk — remain intact.

Why It Matters

This episode underscores how fragile confidence has become in global financial markets. The violent repricing reflects systemic stress rather than a simple market correction, highlighting the sensitivity of leveraged paper markets during periods of monetary transition.

Why It Matters to Foreign Currency Holders

  • Sharp repricing events signal instability in fiat-based pricing mechanisms

  • Volatility reinforces interest in non-sovereign stores of value

  • Currency holders face growing exposure to policy-driven market shocks

Implications for the Global Reset

Pillar 1 – Monetary Transition Stress
The reaction to the Fed chair nomination signals how sensitive markets are to perceived shifts in monetary philosophy. Sudden repricing events suggest confidence in policy continuity is fragile.

Pillar 2 – Paper vs. Physical Divide
Repeated margin hikes reinforce concerns about futures markets functioning as price-control mechanisms rather than true discovery tools. Each forced liquidation event strengthens the argument that physical metals markets are increasingly disconnected from paper pricing.

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Analysis

Based on Reuters reporting, the selloff appears less about a rejection of gold and silver as monetary assets and more about systemic leverage unwinding. Margin hikes historically mark inflection points rather than trend endings. While prices may remain volatile in the near term, the structural drivers supporting precious metals — sovereign debt expansion, currency fragmentation, and geopolitical risk — remain firmly in place.

This is not just a commodities story — it’s a stress test of the financial plumbing during a global monetary transition.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

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BRICS Gold Accumulation Signals Structural De-Dollarization

Reserve realignment accelerates amid global monetary fragmentation

Overview

BRICS nations are accelerating gold accumulation while reducing exposure to U.S. Treasury debt, reinforcing a broader shift toward alternative reserve strategies. These moves reflect growing concern over dollar dependency, sanctions risk, and the long-term sustainability of Western-centric financial systems as the global order trends toward multipolarity.

Key Developments

Treasury Holdings Decline Across BRICS
China, India, and Brazil collectively reduced U.S. Treasury holdings by more than $180 billion over the past year. This coordinated reduction reflects strategic reserve diversification rather than routine portfolio management.

Gold Replaces Paper Reserves
BRICS central banks now hold over 5,800 tonnes of gold, representing more than 20% of global official gold reserves. Analysts increasingly view gold as a neutral settlement asset immune to political leverage.

Parallel Financial Systems Advance
Gold accumulation complements efforts to develop alternative payment systems, local-currency trade settlement mechanisms, and CBDC-linked infrastructure aimed at bypassing Western financial intermediaries.

Why It Matters

The shift away from Treasuries toward physical reserves marks a structural challenge to the post-Bretton Woods financial architecture. As reserve strategies evolve, demand for dollar-denominated assets faces long-term pressure.

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Why It Matters to Foreign Currency Holders

  • Reserve diversification weakens single-currency dominance

  • Gold’s role as a settlement anchor may expand

  • Currency volatility increases during systemic transitions

Implications for the Global Reset

Pillar 1 – Monetary Transition Stress
Large-scale Treasury liquidation reflects declining confidence in fiat-only reserve systems and exposes vulnerabilities in debt-based monetary models.

Pillar 2 – Paper vs. Physical Divide
BRICS’ preference for physical gold over paper assets reinforces concerns that financial instruments are increasingly disconnected from underlying value, accelerating demand for tangible reserves.

Analysis

Based on central bank disclosures and market data, BRICS’ gold accumulation represents a deliberate strategic hedge against currency weaponization and systemic debt risk. While dollar usage remains dominant, the foundation supporting that dominance is eroding incrementally rather than collapsing suddenly.

This is not a retreat from global trade — it is a recalibration of trust in the monetary system that underpins it.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

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🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.


For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:   • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.       Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

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Iraq Economic News and Points To Ponder Tuesday Morning 2-3-26

Iraq Welcomes Comprehensive Ceasefire Agreement Between Syrian Government And SDF

Baghdad – INA   The Ministry of Foreign Affairs expressed on Tuesday its welcome of reaching a comprehensive ceasefire agreement between the Syrian government and the Syrian Democratic Forces (SDF), and the understandings included in the agreement that provide for the integration of the institutions of the Autonomous Administration into the institutions of the Syrian state, in a way that contributes to enhancing stability and supporting the political solution process in Syria.

Iraq Welcomes Comprehensive Ceasefire Agreement Between Syrian Government And SDF

Baghdad – INA   The Ministry of Foreign Affairs expressed on Tuesday its welcome of reaching a comprehensive ceasefire agreement between the Syrian government and the Syrian Democratic Forces (SDF), and the understandings included in the agreement that provide for the integration of the institutions of the Autonomous Administration into the institutions of the Syrian state, in a way that contributes to enhancing stability and supporting the political solution process in Syria.

In a statement obtained by the Iraqi News Agency (INA), the ministry said that “Iraq welcomed the conclusion of a comprehensive ceasefire agreement between the Syrian government and the Syrian Democratic Forces (SDF), and the understandings included in the agreement that stipulate the integration of the institutions of the Autonomous Administration into the institutions of the Syrian state, which contributes to strengthening stability and supporting the political solution process in Syria.”

The ministry stressed that “this agreement represents a positive step that reflects the importance of prioritizing the language of dialogue and understanding among all Syrian parties, in a manner that ensures the protection of the rights of all Syrian components and guarantees their fair participation in state institutions on the basis of citizenship and peaceful coexistence.”

The Ministry of Foreign Affairs praised “the response of the Syrian parties to the efforts exerted by the leaders of the Republic of Iraq, which helped create the appropriate conditions to reach this agreement, stemming from Iraq’s role in supporting the security and stability of the region and its constant keenness to support political solutions that spare peoples the horrors of conflict.”

It indicated that “the Republic of Iraq renews its firm position in support of Syria’s unity and independence, and its standing alongside the brotherly Syrian people in their aspirations for security, stability, and lasting peace.”

https://ina.iq/en/politics/45226-iraq-welcomes-comprehensive-ceasefire-agreement-between-syrian-government-and-sdf.html

Sudanese: The Need To Maintain Market Stability And The General Income Of Citizens

Economy News – Baghdad   Prime Minister Mohammed Shia Al-Sudani chaired a meeting of the Ministerial Council for the Economy on Tuesday, where the government’s approach to implementing measures to maximize revenues and reduce expenditures was finalized

The council discussed the study submitted by the Ministry of Foreign Affairs, which is an integrated plan of procedures and figures that clarifies the Ministry’s localization and financial policy for the current year 2026.

The Council hosted the head of the advisory board in the Prime Minister’s office, who in turn presented a detailed study on the value of trade and imports from abroad, part of which was discussed by the relevant ministries, and observations and suggestions were put forward for its development.

The meeting witnessed a detailed discussion of the decisions to implement the customs tariff and its impact on maximizing revenues, in addition to examining the reality of the market and the requirements of domestic trade, and the effects that have occurred on it after the implementation of the measures taken, as well as discussing the recommendation of the Ministerial Council for the Economy (25511) regarding addressing the financial situation by reviewing the subsidy ratios for petroleum products

The Prime Minister stressed the need to maintain market stability and the general income of citizens, to avoid harming the private sector, professions and small projects, and to implement decisions correctly, with careful monitoring of the impact of decisions every three months.   https://economy-news.net/content.php?id=65289

Oil Falls On Possible US-Iran De-Escalation, Firm Dollar

Oil prices fell on Tuesday, easing for a second day, as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, while a firmer dollar placed greater downside pressure on prices.

Brent crude futures fell 39 cents, or 0.5%, at $65.91 per barrel at 0330 GMT. U.S. West Texas Intermediate crude was at $61.83 per barrel, down 31 cents, or 0.5%.

Iran and the U.S. are expected to resume nuclear talks on Friday in Turkey, officials from both sides told Reuters on Monday, and Trump warned that with big U.S. warships heading to Iran, bad things could happen if a deal was not reached.

"The sharp up-and-down moves in oil prices over the last few sessions look more like sentiment-driven trading rather than any major shift in fundamentals," said Phillip Nova senior market analyst Priyanka Sachdeva. "After last week's rally, markets quickly gave back gains as broader risk assets also turned volatile."

"With no fresh escalation on the geopolitical front and macro data still mixed, oil clearly failed to hold onto gains."

Weighing on prices further, the U.S. dollar index (.DXY), opens new tab hovered near a high of more than a week. A stronger greenback hurts demand for dollar-denominated crude from foreign buyers.

"The continued recovery in the US dollar yesterday, following President Trump's nomination of Kevin Warsh as the next Federal Reserve chair, also exerted downward pressure on oil prices," ING analysts said in a note.

On the trade front, Trump on Monday unveiled a deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers.

"Overnight, the US and India agreed on a trade deal ... if we do see this happen, it will only lead to a further increase in the amount of Russian oil floating at sea," the ING analysts said.

Trump announced the deal on social media following a call with Indian Prime Minister Narendra Modi, noting that India had agreed to buy oil from the U.S. and possibly Venezuela.

Some analysts said they were expecting volatile price movements this month.

"Looking ahead into February, prices are likely to remain choppy and range-bound ... (they) are expected to stay highly reactive to headlines and macro cues rather than a decisive trend, with risk skewed to the downside," said Phillip Nova's Sachdeva.

SOURCE: REUTERS  https://ina.iq/en/economy/45221-oil-falls-on-possible-us-iran-de-escalation-firm-dollar.html

The Dollar Maintains Its Gains, Supported By Positive Data

The dollar maintained its gains during Tuesday's trading, supported by strong economic data in the United States and expectations that the Federal Reserve's monetary policy will continue for a longer period.

The dollar index, which measures the performance of the US currency against a basket of major currencies, stabilized after strong gains in previous sessions. At 3:19 PM Moscow time, the index stood at 97.6060 points, having risen 1.5% over two days.

The euro saw limited movement against the dollar, rising 0.12% to $1.1804, as investors awaited the European Central Bank's decision.

Indicators of industrial activity in the United States showed the manufacturing sector returning to a growth trajectory.

The Purchasing Managers' Index (PMI) climbed to 52.6 last month, its highest level in more than three years, boosting confidence in the strength of the US economy at the start of the year.

https://ina.iq/en/economy/45232-the-dollar-maintains-its-gains-supported-by-positive-data.html

Dollar Shows Mixed Movement In Baghdad, Erbil

2026-02-03 Shafaq News- Baghdad/ Erbil   The US dollar opened Tuesday’s trading steady in Baghdad markets, while recording a 0.2% drop in Erbil, the capital of the Kurdistan Region.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 149,000 dinars per 100 dollars, unchanged from yesterday’s closing session.

In Baghdad, exchange shops sold the dollar at 149,500 dinars and bought it at 148,500 dinars. In Erbil, selling prices dipped slightly to 148,650 dinars, with buying prices at 148,450 dinars.

https://www.shafaq.com/en/Economy/Dollar-shows-mixed-movement-in-Baghdad-Erbil 

Gold Prices Rise In Baghdad And Erbil Markets

2026-02-03 Shafaq News- Baghdad/ Erbil   On Tuesday, gold prices hovered around 1.05 million IQD per mithqal in Baghdad and Erbil markets, continuing their upward trend, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1,035,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,031,000 IQD. The same gold had sold for 970,000 IQD on Monday.

The selling price for 21-carat Iraqi gold stood at 1,005,000 IQD, with a buying price of 1,001,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,035,000 and 1,045,000 IQD, while Iraqi gold sold for between 1,005,000 and 1,015,000 IQD.

In Erbil, 22-carat gold was sold at 1,123,000 IQD per mithqal, 21-carat gold at 1,072,000 IQD, and 18-carat gold at 918,000 IQD.  https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-and-Erbil-markets-8-0

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