More News, Rumors and Opinions Wed. Afternoon 5-7-2025
589bull: Iraq is No Longer Hinting
5-7-2025
MORNING UPDATE
Iraq is no longer hinting. Sudani just said the quiet part out loud.
Yesterday, Prime Minister Mohammed Shia al-Sudani held a major meeting with the heads of all Iraqi banks. The takeaway?
“The state will act as a regulator, not a controller.”
That’s your signal.
This is the exact language used by nations preparing for a monetary shift and here’s why it matters:
• Iraq is stepping back from centralized control of the banking sector
• The banking system is now “flexible, modern, and ready,” per Sudani
• First Rafidain Bank is launching with a new vision + foreign partnerships
• The government confirmed it’s absorbing excess IQD and replacing it with domestic production + foreign investment
• Banks are being told to invest, simplify, and prepare for global trust
This isn’t speculation, this is pre-RV protocol in plain sight.
They’re lining up the IMF, World Bank, Basel III, ISO 20022, and private sector cooperation. The only piece left?
What follows is going to be historic.
Source(s):
https://x.com/589bull10000/status/1919704894539268538
https://dinarchronicles.com/2025/05/06/589bull-iraq-is-no-longer-hinting/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat We have previously read many articles on the “New Rafidain” bank and the reforms taking place there. The CBI was working to reform the bank to necessary to global standards and digitization. First why would they do this if not working towards a higher rate when going back to FOREX. If they wanted a 1320 rate, they could have already done it over the last two decades...But this is not the case as Ali Al-Alaq has told us many times already he wants the dinar to go back to its “glory days”.
Militia Man Article quote: "The delegation International Monetary Fund stress the importance of strengthening the relationship with foreign correspondent banks in the field of financing foreign trade as well as supporting the use of the Iraqi dinar in economic transactions to maintain the stability of the local currency." I don't know you guys, some people like to say, 'drop the mic'. That's powerful and it's impressive. They're talking specifically about cross border trade, foreign trade, with the Iraqi dinar...
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Gold Legal in FL & Tariffs Slam Businesses | with Meghan Johnson
Lynette Zang: 5-6-2025
Tariffs on shoes imported from Vietnam just surged by 541% and both businesses and consumers are feeling strain. Lynette is joined by her daughter Meghan Johnson to share how these trade wars are impacting her businesses.
But it’s not all bad news: Florida just made gold and silver legal tender, and we’re celebrating that major win in-studio.
War on Cash is Here: Giustra Says Global Reset Has Begun, No Bailout in Sight
Daneila Carbone: 5-7-2025
“There’s a mad rush for physical gold... even the U.S. is bringing it back in. It tells you that they’re preparing for something,” warns billionaire philanthropist Frank Giustra in a must-watch video.
He sits down with Daniela Cambone to discuss how the global financial order is shifting, with gold returning to a central monetary role.
Key Facts:
What are the ramifications of Basel III?
What role will gold play in the new financial order?
Monetary reset is coming.
Banks to upgrade gold to a Tier 1 asset - what comes next?
Gold remains the constant.
What might a new monetary system look like?
Are we seeing the rise of a bifurcated system?
Spain's power outage scenario is "war on cash"