More News, Rumors and Opinions Friday Afternoon 3-21-2025
KTFA:
Clare: Video: Iraq's $17bn Trade Corridor to Bypass the Suez Canal
21st March 2025 in Construction & Engineering In Iraq,
By John Lee.
The Wall Street Journal has produced a video documenting Iraq's proposed 740-mile trade route between Asia and Europe - the Development Road.
(Source: WSJ) LINK
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Clare: New shipping line: Umm Qasr receives first mega-ship from South Korea
3/20/2025
On Wednesday, Farhan Al-Fartousi, Director of Iraq's Ports, announced the inauguration of a new maritime line with the arrival of a South Korean giant vessel at Umm Qasr Port.
In a statement to Shafaq News, Al-Fartousi described the launch of the new line as "an important historical step," noting that this journey is the first of its kind.
The first giant container ship of the South Korean company HMM arrived at Umm Qasr Ports, marking the beginning of a new era of trade cooperation between Iraq and South Korea.
"The ship is 366 meters long, with a maximum capacity of 16,000 containers, although it arrived with a lower load," Al-Fartousi added.
He emphasized that Iraq is working to strengthen cooperation with leading countries in maritime transport to "achieve the best economic benefits."
Al-Fartousi also anticipated a greater flow of goods and commodities through Iraq's ports in the future, "which will contribute to boosting trade activity and fostering national economic growth in Iraq."LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat I am going to show you the ...events that...can have a huge impact on moving forward with the reinstatement of the Iraqi dinar. These events include: 1. ...the direct implementation of the ASYCUDA SYSTEM at customs throughout Iraq. 2. ...the “White Paper” Pillars of Financial Reform... we know that the...efforts are all but fully completed. 3. ...the issue of the parallel market (black market) and the CBI now tells us they have to “kill it” permanently. 4. The Silk Road and Industrial Cities projects. 5. The US has already declared that Iraq must deal with the Iranian militia...According to the US president, Iraq must reverse its course from an Iranian puppet state. 6. The passing of the Oil and Gas law... I firmly believe that it will be convergence of these six (6) activities above that will get us the reinstatement back to FOREX.
Frank26 In the beginning, the exchange rate is looking for at least 1 to 1 with the American dollar, not to be matched with it but to be paired with it and possibly a basket of international currencies with value for each other. Then later on the Real Effective Exchange Rate will come in a float...As the whole world uses your currency it will climb in international value by trading it...using it...selling it, by crossing it from bank to bank, platform to platform. The dinar will grow internationally, then at that point the CBI will control this financial growth of your exchange rate by monitoring it and then capping it at a specific number that was tested and approved through the RV phase of your monetary reform.
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Is the Bank of England Being Cleaned Out of Gold? "Countries Should Be Worried" - Mike Maloney
3-20-2025
Are we witnessing a modern-day bank run on gold reserves at the Bank of England? In this riveting episode, Mike Maloney and Alan Hibbard delve into the tidal wave of gold leaving London for Switzerland—ultimately bound for U.S. exchanges.
Discover why global ETFs are hitting record-breaking inflows, why countries around the world should be worried about their gold, and what it all means for the next phase of this massive gold bull market.
DOGE Races to Repatriate US Gold - LFTV Ep 215
Kinesis Money: 3-21-2025
n this week’s Live from the Vault, Andrew Maguire reflects on the Federal Reserve’s focus on large-scale bullion repatriations ahead of the US Treasury gold audit, driven by Trump’s initiative, and its impact on both the gold market and EFP spreads.
Andrew also examines how these moves, combined with intensifying central bank buying and shifting market dynamics are strengthening gold demand, while paper gold positions face increasing pressure ahead of Basel III compliance in July 2025.
Timestamps:
00:00 Start
01:50 Gold price outlook for Q2
08:05 Gold & silver charts and market analysis
17:25 How Trump's tariffs triggered the Fed’s gold repatriation efforts
25:05 Surge in US fund managers buying COMEX and ETFs
30:30 Silver poised for a strong rally towards $38
