News, Rumors and Opinions Wednesday 10-29-2025
KTFA:
Clare: A mysterious visit and closed-door meetings: Trump's envoy arrives in Baghdad "secretly" and meets with prominent political leaders.
Baghdad-
On Wednesday (October 29, 2025), journalist Hossam Al-Hajj, known for his close ties to political parties, leaked that Mark Savaya, the special envoy of US President Donald Trump, arrived in Baghdad two days earlier and held a series of secret meetings with several heads of political blocs.
According to information relayed by Al-Hajj, the meetings took place away from the spotlight and had a sensitive political character, addressing the upcoming American strategy in Iraq, issues related to the American presence, elections, and regional alliances.
There has been no official confirmation yet from the US Embassy or the Iraqi government regarding the visit or details of the meetings held by the US envoy. LINK
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Clare: Kurdistan Finance Delegation Begins Talks in Baghdad to Boost Non-Oil Revenues and Resolve Customs Disputes
10/29/2025
A delegation from the Kurdistan Regional Government’s Ministry of Finance has arrived in Baghdad and is scheduled to begin meetings today, Wednesday, October 29.
Delegation Members
The delegation includes Kamal Raouf, Director General of Kurdistan’s Customs, and Kamal Tayeb, Director General of Taxation, along with a number of legal and administrative advisors.
Main Objective of the Talks
According to available information, the primary goal of the discussions is to increase non-oil revenues. This comes as Iraq remains heavily dependent on oil income, which has recently seen a decline in prices.
Reorganizing Border Revenue Collection
One of the key topics on the agenda is how to restructure customs duties at border crossings in a way that boosts non-oil revenue for both Iraq and the Kurdistan Region.
Discrepancies in Customs Definitions
Another major issue under discussion is the significant 80% discrepancy in customs definitions between Erbil and Baghdad, which has created serious challenges in unifying customs procedures. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 We know very well the budget has been opened with 12-2c. We know very well they told the citizens of Iraq, 'We're going to lift the zeros from our exchange rate to add purchasing power that we promised you'. We know very well they just finished showing them all the lower notes and fils.
Militia Man Removing three zeros from the currency doesn't make any sense to me...They're not going to take off three zeros off the currency. But what they'll do is they'll take three zeros from the exchange rate.
Mnt Goat Article quote: “Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.” ... He is then saying by removing the zeros (thus revaluing the dinar) will resolve this issue in the coming period...they only have a few more months until January 2026 and need to conduct the removing the zeros prior to any reinstatement... We know the Project to Delete the Zeros MUST be done prior to the reinstatement ...Remember Iraq is hardly ever on time and so we may go inpart into January. Don’t expect the reinstatement right on January 1st.
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$40 Trillion Debt Bubble - Systemic Collapse Ahead | Francis Hunt
Liberty and Finance: 10-28-2025
Francis Hunt, The Market Sniper, joins Elijah K. Johnson to break down the hidden forces driving U.S. Treasury demand and why much of it may be artificially created through the Cayman Islands and leveraged “basis trades.”
He explains how this setup mirrors the systemic risk of subprime and Long-Term Capital Management, setting the stage for another major financial crisis.
Francis also connects these developments to the recent gold and silver pullback, revealing what his charts suggest about short-term bottoms and long-term price targets.
He argues that we are still in the early innings of a massive secular bull market in precious metals — with gold far from its top and silver primed for explosive gains once the debt system begins to unravel.
INTERVIEW TIMELINE:
0:00 Intro
1:20 Artificial US Treasury demand
20:33 Gold &silver pullback
33:30 Last thoughts