Bruce’s Big Call Dinar Intel Thursday Night 4-3-25

Bruce’s Big Call Dinar Intel Thursday Night 4-3-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Thursday, April 3rd and you're listening to the big call. Thanks for tuning in everybody out there in big call universe, thank you for being faithful to listen to the big call for all these 13 plus yes into our 14th year

We're going to have a good call tonight. I'm excited. I hope you are. And I'm looking forward to bringing out some news. Let's get into some intel all right. now, i would like to talk first of all because jeannie reminded me of  and Sue reminding me of course, again about the med beds. So here's what is new about the med beds since Tuesday. We have 18,000 Med bed centers in the United States - Each center has two med beds in it, so 18 times two, that's 36,000 med beds in 18,000 centers across the country.

Well, that sounds like a lot. Yeah, that's that's a lot over the country with our population, I can see now, where it would get pretty busy - Now what about people that are homebound, that kind of a bed bound or in hospice or situations like that ?

Guess what they have come up, it started six months ago. I find out about it yesterday, six months ago, they have 8000  mobile med bed units ready to roll. They are in used UPS  box trucks, you know, used FedEx trucks. FedEx is still and in some box ambulances as well.

So even though somebody roars up the street in an ambulance, Everybody looks out the window and says it's going to so and so's house. I wonder. You know what's going on? Well, that's why the UPS and FedEx, addition to ambulances , it's everybody used to see in FedEx and UPS trucks. So it's not going to be anything that seems out of the ordinary, but these mobile units will be able to go to the homes of people that are bed bound, or wheelchair bound, or whatever. Just easier to access them

They are supposed to roll out as well as the Med bed centers being available starting the ninth or 10th of April.  Now, the 10th would be a week from today. Ninth would be the day before, which would be Wednesday. So that's terrific news that we didn't know until today. Med bed mobile units and med beds available  starting the ninth or 10th of April.  So that's really the med bed news I had to bring.

So where are we.  Intel has been a little bit fractured, a little bit unable to assimilate quite everything into a perfect puzzle, but every day, I've been getting a puzzle piece that's coming in and allowing this picture to be completed. And I'm just going to go, not go back a full week or a couple of days, but just say today, the algorithms for the 800 numbers have been loaded.

The emails addresses with the toll free numbers are loaded. But there was an issue today with funds that were sent from HSBC. These were bond funds sent from HSBC to Wells Fargo. And there was a there was a snafu problem. It got solved and it got rectified sometime this afternoon, and I am supposed to receive the 800 number anytime now. In fact, it looked like I was going to have it for tonight's call.

It looks like I didn't get it by tonight, so I was hoping to be able to put it out tonight on the call – that’s how close we are -

Now is it going to be tomorrow? I don’t know - I would say it should be based on what I heard  following  but we will have  to see. Now I'm going to tell you guys we’re very close on that.

I did hear something I'm not quite 100% comfortable with, which is interesting, and I think I should tell you guys, all right, let's say we put the 800 number out on the website, right? Big call universe.com, and if Bob gets Raleigh to send out an email blast to the people that want the toll free number sent through their email, we do that assuming that we're allowed to - We believe we will.

And you're going to be getting emails from Wells Fargo servers. They know who the currency holders are. They know who the Zim holders are, etc. So they're going to be sending those out.

And let's say we get them. In fact, let's even say we get them tomorrow, maybe noon, maybe four o'clock, whenever we get them, and we call to set our appointments. Now what I'm understanding is that we'll set the appointments, but we'll call it in to set the appointment.

We'll go all the way to the redemption center. They'll talk to us, and then they will notify us in I'm going to say, three days or so as to when our actual appointment  will be -- the day time of day time and day

Now what's strange about that is if the numbers came out in the morning  and we called, we thought we'd go in immediately, right then  boom, even tomorrow afternoon or Saturday, right? But the information I'm getting is saying that there's a slight wait where they're going to call us  to to let us know when the appointment actually will be.

And I've said a long time ago to several people in getting  the toll free numbers half the battle, or in a way, we're over 50% there when we get the 800 number. But why would they wait a few days to let us know exactly when our appointment would be, why, and I think they figured it out yesterday.

I think what they're doing is they're just going to vet us as KYC, know your customer type rules to make sure that the deep state is not getting in, they're not going to get in for this exchange.

The other reason is, remember, well, there were a number, and I think the number was about 26,000 bonds. That were bogus, whatever you want to call them. They could not match them up to owners or powers of attorney representatives of the bonds, and they just literally or they were bogus.

 Well, it took a while. They took about  two days go through all those and they found out who the people were  that put those bonds out, in they were bogus, and picked them up. The rest of them already.

Well, that was a slight delay. That was a day and a half delay. So there are these little things, and we're at a very, very high security level, DEF CON one is the highest level of readiness for our military. And there have been meetings going on with, with more ad meetings going on with, with the Treasury, military, all of this stuff as they're going through and running algorithms and running programs to see that we're good to go. And like I said, we were just about there before the call to where  I kind of thought I'd like to get the number tonight.

So that being said, we're that close, and we need to keep pushing forward and for the 800 numbers to come, and then the next best thing to put it out tonight is going to be getting up with Bob and Raleigh and putting it to make sure we have the number correct and put it out on big call universe.com website.

Now Bob, here's the question

This number is primarily for the United States, and I believe Canada can  use it, but it's really not for the rest of the world, which would include Latin America, which would include Europe, which would include the Far East  Middle East -  so now,its not going to do any good –

Now - even with the amount of listeners that we have  for big call  universe - Bob, can our servers withstand people going to our site to pick up that 800 number.

I don't know how much the traffic will be, but I believe it would could be substantial. We'll see. But that's it's a real question, and I hope that that, you know the number, I'll give it to people that I have contacts for, and Sue can get it out. And you know, we'll get it out, able to do it for the big call like we're talking right now.

So let's see what happens tomorrow. Listen, and there might be a way I'm thinking out loud , there might be a way to do a special call and get it out.

SUE:  Can I ask a question here? Here's, here's what I want to make clear, you said you asked Bob whether so the whole purpose, first of all, they're going to get an email from Wells Fargo. That's number one.  The people that bought the currency, they will get an email. That's their number one thing,

So please, don't worry, but I just wanted to let everybody know there is another piece I mean, that President Trump, spoken with the head of the CBI, which is really Bank of Iraq, and that is Iraq, and also Dr Shabibi, the former director of the CBI. He spoke to both of those gentlemen have said that this needs to go out, that Iraq needs everything that they need to do, which I understand was already done, but they need to get everything done the 8th  of April

I think they it was, they had to have that the RV as we call it -  would be on or before the eighth of April, on or before -  so I think that that is kind of a mute point. I believe they've already got everything that we know of accomplished. They've got lower denominations already in the ATMs and in the in the shops  and so on and they celebrated .

And they just finished up another, you know, Islamic holiday they wrapped up. I believe that was Tuesday that that wrapped up. And so I think everything's ready from the perspective that we know of.

And then we're hearing from our Iraqi contacts, so we'll see. I think the main thing I wanted to get across the concept of when you call set your appointment, the fact that they are looking to call you back with your appointment time and date maybe, for verification

okay I call in, you'll go or gives you another number called a redemption center that's indicated by your zip code, and you get connected to a live person at the redemption center.

Ostensibly, this would be a person that would help you for your exchange redemption of zim. So that person takes your information down, and from what I understand, they contact you back two, three days later, the actual time  and date of  your  exchange – It’s like a confirmation of the  appointment.

This was totally new that I heard about yesterday  - completely new piece of the puzzle – and  we'll see how that comes together. That's what I'm hearing is going to happen. So we will see what that looks like. Until we get back, maybe they notify us by my phone call, and or email, but I understand we're supposed to call you back with your appointment time day, like a verification of it.

So let's see. Let's see what happens.

I think that's everything that I had independently covered tonight. And I feared when we're just close and we're almost one of the one of the sources we had that we were at the finish at the finish line, but we need to cross that we need to cross it. like you will run through the tape, so we're at the finish, and I've heard everything is done. Of course, we've heard that a lot of bad phrase, everything's done, but I believe it is finally done. And now we have to execute our part of it with faith and with action  once the numbers are available.

All right, thanks. Everybody really enjoyed the call tonight, and I hope you did too. I hope we all learned something, and now let's go ahead and pray the  call out.

Bruce’s Big Call Dinar Intel Thursday Night 4-3-25 REPLAY LINK   Intel begins   59:59

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Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 REPLAY LINK   Intel Begins   1:09:09

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Bruce’s Big Call Dinar Intel Tuesday Night 3-25-25 REPLAY LINK   Intel Begins   1:11:11

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Seeds of Wisdom RV and Economic Updates Friday Afternoon 4-4-25

Good Afternoon Dinar Recaps,

UK PRIME MINISTER SEEKING NEW US TRADE DEAL TO REMOVE TARIFFS

The United States took decisive action this week, announcing new 10% baseline tariffs on what President Donald Trump announced as the nation’s Liberation Day.’ Now, UK Prime Minister Keir Starmer is reportedly seeking a new US trade deal to remove the tariffs, according to a Washington Post report.

The announcement of new import taxes created a race to negotiate with the United States. Indeed, the economic policy saw Israel and India move swiftly to shift their duties on US goods in hopes of avoiding the reciprocal tariffs. Now, Starmer is looking to reduce tariffs placed on Britain through a new deal with the Trump administration.

UK Prime Minister Keir Starmer Eyes New US Trade Deal Amid Trump’s Liberation Day Tariffs

The United States made headlines this week when US President Trump announced a brand new wave of tariffs on all trade partners with the country. Indeed, the move wreaked havoc on the US stock market. In the two days since, it drove the Dow Jones Index down more than 2,000 points.

Yet, the decision was made by the administration to balance a trade system that the president says has long been unfair. That effort took a key step forward on Friday. Specifically, UK Prime Minister Keir Starmer is seeking a new US trade deal to remove the newly imposed tariffs.

According to the recent report, Starmer is “ready to make major concessions to reach a deal even as other countries rush to the trade barricades with reprisal tariffs, boycotts, and outages.” The UK has already cut tariffs on some imported US goods. Moreover, they are even prepared to lower the British taxes paid by US tech companies.

“Every country is calling us,” Trump told reporters Thursday. “Now, they will do anything for us,” he added. Now, all eyes will be on where things go from here. The action has undoubtedly brought the world closer to a trade war. If deals can be struck, then the global economy may yet be able to avoid the worst of it.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

BRICS: US DOLLAR PLUMMETS, GOLD TO SOAR IN BEST CASE SCENARIO FOR BLOC

The world got a rather surprising development this week when US President Donald Trump announced a new slate of Liberation Day tariffs. The move introduced a baseline 10% import tax on all trading partners, and the outcome has been dire. However, it may only help BRICS, as the US dollar has plummeted with gold set to soar in a best-case scenario for the alliance.

The collective has been outspoken in its continued pursuit of de-dollarization on a global scale. Throughout the last several years, the bloc has continued to seek out local currency promotion that lessened international reliance on the West. Moreover, it has fast-tracked its gold purchasing in what may pay off brilliantly amid the uncertain geopolitical climate.

US Dollar Drops as Gold Is Set to Surge in Best Possible Outcome for BRICS

At the start of his second term, US President Trump warned that the BRICS bloc would face 150% tariffs. Specifically, he sought to ensure the global reserve status of the US dollar and targeted any country engaging in efforts to undermine that. However, despite the conflict from the West, it may be the best possible outcome for the collective.

BRICS may be in a position to benefit as US President Trump’s Liberation Day tariffs have caused the US dollar to plummet, with the gold price set to soar. Indeed, Thursday saw the greenback fall to its lowest level in months as recessionary fears picked up.

JPMorgan Bank said that the country now faces 60% odds of facing a recession this year. Moreover, it combines with Deutsche Bank’s previous warning that the currency will face a “crisis of confidence” amid the new economic policy. Uncertainty in the global economic world means that gold will likely surge.

The metal has been on a tear so far this year. Throughout the first three months of the year, it has surged to an all-time high above $3,000. Moreover, experts are expecting the winning ways to continue. Recently, HSBC raised its average gold price projection for 2025 to $3,015 and $2,915. Indeed, that was a notable increase from its previous forecast of a $2,687 high-end average price.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Seeds of Wisdom RV and Economic Updates Friday Morning 4-4-25

Good Morning Dinar Recaps,

COINBASE SAYS FDIC NOT COOPERATING WITH EXCHANGE’S FREEDOM OF INFORMATION REQUEST IN NEW COURT FILING

Coinbase’s legal representatives say the U.S. Federal Deposit Insurance Corporation (FDIC) hasn’t been cooperating with Freedom of Information Act (FOIA) requests.

Coinbase has been attempting to leverage FOIA to uncover instances of the FDIC asking banks to freeze crypto services, known as “pause letters,” but the top US crypto exchange says the regulator hasn’t been complying with its information requests.

Paul Grewal, Coinbase’s chief legal officer, claims the pause letters were part of “Operation Choke Point 2.0,” an alleged attempt by Biden Administration government regulators to stifle the crypto industry.

The exchange hired the law firm History Associates, which filed a motion in January asking a federal court to intervene.

The following month, the court paused the FDIC’s deadline to respond to History Associates’ amended FOIA complaint “so that the parties could engage in a biweekly, informal information-sharing process,” according to the law firm.

Coinbase’s legal representation has requested information regarding the FDIC’s response to its FOIA requests, specifically concerning the regulator’s policy or practice of “failing to conduct complete searches of all relevant databases and failing to take adequate steps to preserve responsive documents.”

In a new motion filed this week, History Associates now says the FDIC is “unwilling to cooperate” with these FOIA requests.

“The only viable path forward is for the case to resume and proceed to litigation of the merits.”

Last month, the FDIC released redacted documents related to its supervision of crypto-related activities, which include pause letters sent to 24 banks as well as communications and records involving other regulated institutions.

House Oversight Committee Chairman James Comer (R-KY) subsequently sent a letter to FDIC Acting Chairman Travis Hill requesting unredacted copies of the documents.

@ Newshounds News™
Source:  DailyHodl

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BRICS: 2 COUNTRIES OFFICIALLY LOOK TO TRADE IN LOCAL CURRENCIES

BRICS members Brazil and China have officially agreed to settle cross-border payments in local currencies rather than the US dollar. Brazilian authorities support expanding the use of national currencies and are looking at opportunities to increase the payment option. The Luiz Lula da Silva administration is gearing up to end reliance on the US dollar before the upcoming summit.

BRICS: Brazil & China Look at Local Currencies For Trade Settlements

Both the BRICS members Brazil and China are drawing plans to push local currencies forward for mutual payments. Brazil’s Secretary of the Finance Ministry Tatiana Rosito said that some trade between the two countries is already being settled in national currencies and not the US dollar. Lula da Silva had previously stated that the alliance must slowly end dependency on the US dollar.

“The trade in local currencies is already underway, for example, between Brazil and China,” said Rosito. She added that Brazil fully supports using local currencies and is chalking out plans to make it a reality. “No obstacles exist to that on the side of Brazil,” the official said.

“Therefore, the goal of BRICS is to expand the use of local currencies in any way that will make it possible to reduce costs and will be of interests for association’s members,” said Rosito. She also highlighted how the BRICS bank ‘New Development Bank’ helps the alliance bypass the dominance of the US dollar.

“Opening of this bank reflects the aspiration of BRICS members to proactively participate in transformation of the economic and financial order,” using local currencies, Rosito summed it up. In conclusion, the de-dollarization agenda is alive and thriving in 2025 as the alliance members are forging new ties.

@ Newshounds News™
Source:  Watcher Guru

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INSTITUTE OF PEACE’ DELETED ONE TERABYTE OF DATA TO COVERUP THEIR CRIMES, BUT DOGE FOUND IT…  |  Revolver

@ Newshounds News™

~~~~~~~~~

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Thank you Dinar Recaps

Do I Have to Worry About Gift Tax?

Do I Have to Worry About Gift Tax?

If I Give My Child $30,000 Towards Their Wedding, Do I Have to Worry About Gift Tax?

Mark Henricks  Sat, July 27, 2024   SmartAsset

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form of a check.

However, before you pass along that much cash, it’s important to understand the potential tax implications of making a $30,000 gift. A gift that size could require you to pay the federal gift tax, which can reach up to 40%. The good news is you may avoid paying gift taxes altogether, but there are reporting requirements and other limitations to keep in mind. Consult a financial advisor to minimize your gift tax obligations.

Federal Gift Tax at a Glance

The federal gift tax applies when you transfer money or property to someone else without receiving something of equal value in return. Gift tax rates range from 18% to 40% based on the size of the gift.

However, not all gifts trigger this federal tax. The IRS allows you to give away up to $17,000 ($34,000 for married couples) per year to each individual without owing any taxes on the gift. This is called the annual exclusion, and in 2024 it will increase to $18,000 per person.

However, gifts that exceed this annual exclusion aren’t necessarily taxed either. Instead, they reduce the amount of money or property you can give away tax-free over the course of your lifetime. This lifetime limit is known as the basic exclusion amount or lifetime exemption and it’s adjusted each year for inflation.

The gift tax only applies when you exhaust your lifetime exemption. In 2023, a person can give away up to $12.92 million over the course of their lifetime without triggering the gift tax (this will increase to $13.61 million in 2024). For example, if someone were to give away $13 million, they would pay gift taxes on only $80,000. And if you need additional help planning for major gifts, consider matching with a financial advisor.

How the Gift Tax Could Affect a $30,000 Wedding Gift

If you want to give a child $30,000 to help pay for a wedding, there are a few different ways it could be structured.

As a gift solely from you to your child, a $30,000 wedding gift would avoid most tax liability on its own. The gift only exceeds the $17,000 annual exclusion for 2023 by $13,000, so that’s all that could potentially be taxable if you’re single.

If this is your first time exceeding the annual exclusion, there’s more good news. In that case, the $13,000 excess would simply reduce your $12.92 million lifetime exclusion by that amount. You would not actually have to pay any gift tax unless you exceed your remaining lifetime exclusion, though you still have to fill out Form 709.

Alternatively, you could gift both your child and their future spouse $15,000 each and avoid the annual exclusion threshold (remember, you can gift up to the annual exclusion amount per year per person).

To make sure you structure your gifts in your best interest, talk it over with a financial advisor.

How to Avoid Gift Tax on a $30,000 Wedding Gift

TO READ MORE: https://www.yahoo.com/finance/news/worry-gift-tax-pay-30-122213443.html

Iraq Economic News and Points to Ponder Thursday Evening 4-3-25

Al-Mashhadani And The US Chargé d'Affaires Affirm The Importance Of Strengthening And Developing Bilateral Relations

Thursday, April 3, 2025| Politics Number of readings: 110  Baghdad / NINA / Speaker of Parliament Dr. Mahmoud Al-Mashhadani and the Chargé d'Affaires of the United States Ambassador to Iraq Daniel Rubinstein stressed the importance of strengthening and developing bilateral relations.

A statement by Al-Mashhadani's media office said that the Speaker of Parliament received today the Chargé d'Affaires of the United States Ambassador to Iraq Daniel Rubinstein, who extended his congratulations to the Speaker of Parliament on the occasion of Eid Al-Fitr, wishing well for Muslims and Iraq on this occasion.

According to the statement, the meeting dealt with emphasizing ways to strengthen and develop bilateral relations between the two countries in the political and economic files and developing investment to serve the interests of the two countries.

The meeting also discussed the security situation and the importance of stability in Iraq, and its reflection on the upcoming parliamentary elections, which the political blocs are preparing to participate in. /End   https://ninanews.com/Website/News/Details?key=1195487

The Yellow Metal Soars And Renews Its All-Time High

Money and Business   Economy News - Follow-up   The price of gold futures for June 2025 delivery on the Comex (a division of the New York Mercantile Exchange) hit an all-time high on April 2, 2025.

Data available from the trading platform indicates that the price of an ounce of gold has risen above $3,200.

By 23:29 Moscow time on April 2, the price of gold had risen 1.12% to $3,201.6 per ounce. By 07:00 Moscow time on April 3, the price of gold had slowed to $3,171.5 per ounce (up 0.02%).

Gold prices, a precious metal long considered a safe haven during times of economic and geopolitical instability, continue their steady upward trend, reaching new highs in the markets.

Meanwhile, the price of Brent crude futures for June 2025 delivery on the London ICE Futures Exchange fell 0.12% to $73.28 per barrel. The price of West Texas Intermediate crude futures for May 2025 delivery fell 0.06% to $70.03 per barrel.   https://economy-news.net/content.php?id=54048

World Gold Council: 29% of central banks plan to purchase gold by 2025
 
Economy     gold     buying     countries  2025-04-01 00:20  Shafaq News/ The World Gold Council confirmed on Tuesday that 29% of countries' central banks intend to purchase the precious metal in 2025. The council said in a report seen by Shafaq News Agency that
 
"29% of countries' central banks intend to purchase gold during the current year," noting that
 
"the purchases are due to the 
 
     desire to restore balance to a more strategic level in these reserves, 

     financial market concerns,
 
as well as the
 
     increased risks of crises and
 
     rising inflation." He added that
 
"gold continues to attract the attention of central banks as a reserve asset," noting that
 
"increasingly complex geopolitical and financial factors make managing gold reserves more important than ever."

He pointed out that  "central banks added

     1,037 tons of gold in 2023, the second-highest annual purchases in history, after setting a record of

     1,082 tons in 2022."
 
Iraq has gold reserves of 162.7 tons,
 
ranking 28th among countries with the highest reserves of the precious metal.  
  
https://shafaq.com/ar/اقتصـاد/المجلس-العالمي-29-من-البنوك-المركزية-للدول-تعتزم-شرا-الذهب-العام-2025 

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

China: I See Your Trade War And Raise You A Cyberwar

China: I See Your Trade War And Raise You A Cyberwar

Notes From the Field By  James Hickman (Simon Black) April 2, 2025

It was sometime in the spring of 323 BC when Alexander the Great-- the “King of the World”-- passed through the gates of ancient Babylon for the last time.

He had already conquered the city nearly a decade before. But his men were worn out from fighting in India and Persia, and Babylon was a secure place to give his army a much-needed rest.

They remained there for a few months, until, quite suddenly, Alexander became extremely ill on either the 10th or 11th of June and then died.

The cause of his death is unknown. Some say he was poisoned. Others blame malaria, typhoid fever, or complications from his battle wounds.

 What is certain, however, is that he left behind no legitimate male heir, as his wife was still pregnant at the time of his death. So almost immediately a power struggle broke out as to who would succeed him.

 Macedonian tradition at the time dictated that whoever buried Alexander’s body would be the rightful claimant to his empire.

 Well, Alexander’s dying wish was to be buried at an oasis in North Africa-- more than 1,000 miles away. So you can just imagine the nearly year-long cat-and-mouse game where all of these generals and nobles vying for the throne continually tried to steal Alexander’s corpse from one another.

There were assassinations, sabotage, secret missions, and more, not to mention full-blown warfare among the various factions which ultimately lasted for decades-- ironically far longer than Alexander reigned.

 In the end, Alexander’s empire broke apart. And one of the victors-- a former general and bodyguard, named Ptolemy-- ended up taking over Egypt and established a ruling dynasty that lasted for centuries.

 Their economic system in the ancient Ptolemaic Kingdom was essentially what we would today call “national capitalism”.

 The bureaucracy was massive. Absolutely massive. Onerous regulations controlled commerce and trade. Nothing was produced that wasn’t in the government’s interest. Caravan routes and waterways were owned by the state, and their use was heavily taxed.

There were taxes on salt, stamp duties on legal documents, taxes on inheritance, and a sales tax of 10%. Plus, the tax on income reached as high as 50%.

Then there were the tariffs.

 The Ptolemaic Kingdom possessed some of the finest technology in the world at that time; their fields were the most productive, and their manufactured goods were among the highest quality on the planet. So, their exports were vast and lucrative… and they traded with markets as far away as China.

 Yet even though Ptolemaic Egypt’s productive technology gave them many competitive advantages over other kingdoms, the state decided at a certain point that it needed to ‘protect’ its domestic industries. So, they imposed heavy tariffs.

 The results were rather predictable. Without the benefit of low-cost imports, prices rose significantly. Greek olive oil, which cost just 21 drachmas in Athens, sold for 52 drachmas in Egypt. Trade dried up, hurting both the domestic and foreign economies alike.

 Trade disputes soon festered into trade wars, which quickly became actual wars.

 The loss of blood and treasure mounted, while rivals (like Carthage, and eventually Rome) became stronger.

 This is the basic principle behind ‘mercantilism’, i.e. the prevailing zero-sum economic philosophy that dominated the world for thousands of years. It’s based on the idea that, in order for me to win, you have to lose. I become wealthier by taking from you.

Adam Smith finally codified why this way of thinking was stupid when he published An Inquiry into the Nature and Causes of the Wealth of Nations in the year 1776. Smith, the father of capitalism, realized that wealth and abundance were infinite, and that trade was not a zero-sum game. Both sides could become better off.

 Yesterday-- supposedly ‘Liberation Day’-- constituted a gigantic step backward from capitalism… back to the zero-sum mentality of mercantilism.

I’ve written before that, yes, America has very legitimate gripes with respect to some of its foreign trading partners.

 But it seems naive that these can be solved with across-the-board tariffs on essentially the entire planet.

 If Apple doesn’t want to sell iPhones in China, they can choose to do that on their own. It seems silly to make hundreds of millions of Americans pay higher prices for imported goods to ‘avenge’ Apple’s lost profitability from Chinese import duties.

 There are so many things wrong with this policy… and very few ways in which it could go right.

 In order for tariffs to be a win, the rest of the world would just need to take it in the teeth. No other nation could impose retaliatory tariffs. Foreign businesses would need to cut their prices, and foreign central banks would need to devalue their currencies.

 US consumers would need to be very forgiving and buy the narrative that the price inflation due to tariffs is “transitory”, and that domestic production will soon bring prices back down.

 Most importantly, US businesses will need to immediately begin building new factories in America and ramp up domestic manufacturing.

But this is far easier said than done. New factories will require a host of state and local permits, and that bureaucracy could bog down industrial construction for years.

 Not to mention that many building materials for all of these new factories will need to be imported. There are exemptions in the tariffs for copper, lumber, and steel, but other imported construction materials will be 10% to 50% more expensive now.

 In short, build all of these factories will take a great deal of time and be lot more expensive. Consumers will be expected to pay the price in the meantime.

 One of the biggest questions, of course, is what happens next.

 History tells us that trade disputes often escalate into larger conflicts. And is anyone naive enough to think that the Chinese will simply bow obsequiously?

Perhaps they’ll use their army of hackers to take down parts of the US power grid and launch a mini cyberwar. Or perhaps they’ll cease exporting critical rare earth metals to the US-- so kiss your iPhone goodbye.

 We also could easily see a number of countries (including in Europe) retaliate by canceling visa-free travel for US citizens… and several countries start pulling their funds out of the United States-- either in retaliation or out of fear.

 This might even lead to the US imposing capital controls in order to stop foreigners from moving their money out.

 Bottom line, it could get very messy, very quickly.

To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/china-i-see-your-trade-war-and-raise-you-a-cyberwar-152427/?inf_contact_key=8f59fbfeda267ecf87272576cc8252e4611c10abb7b3657801e6f799df81c049

Iraq Economic News and Points to Ponder Thursday Afternoon 4-3-25

 Al-Sudani's Advisor Clarifies: Are Iraqi Oil Exports Covered By Trump's Tariffs?

Money and Business   Economy News – Baghdad  The Prime Minister's advisor for foreign relations, Farhad Alaa Al-Din, confirmed on Thursday that Iraqi energy exports, including crude oil, are not covered by the tariffs imposed by US President Donald Trump, while noting that the economic impact on Iraq is very limited.

Alaa El-Din said, "In light of the recent announcement by US President Donald Trump regarding the imposition of reciprocal tariffs on a number of countries around the world, we would like to clarify that Iraqi energy exports, including crude oil, are not subject to these tariffs."

He added, "Iraq currently exports between 7 and 8 million barrels of crude oil and its derivatives per month to the United States. These exports constitute the backbone of Iraqi exports and have not been affected by the recent customs measures."

He continued: "As for the rest of Iraqi exports, they are limited in size and scope, which means that the economic impact of these tariffs on Iraq will be extremely limited."

He stressed that "the strategic partnership between Iraq and the United States remains solid and strong, and that these measures will not affect the essence of the economic or diplomatic relationship between the two countries." He noted that "Iraq continues its commitment to deepening cooperation with the United States in various sectors, particularly in the areas of energy, investment, and enhancing regional stability."   https://economy-news.net/content.php?id=54050

Iraqi Oil Prices Decline On The Global Market

economy | 09:29 - 03/04/2025  Mawazine News – Baghdad  Basra Medium crude oil reached $74.77 per barrel, while heavy crude oil reached $71.72 per barrel.

Data showed a slight increase in global oil prices, with British Brent crude reaching $73.12 per barrel, while US West Texas Intermediate crude oil reached $69.86 per barrel. https://www.mawazin.net/Details.aspx?jimare=260503

Iraqi Oil Prices Decline On The Global Market

economy | 03/04/2025  Mawazine News – Baghdad  Basra Medium crude oil reached $74.77 per barrel, while heavy crude oil reached $71.72 per barrel.

Data showed a slight increase in global oil prices, with British Brent crude reaching $73.12 per barrel, while US West Texas Intermediate crude oil reached $69.86 per barrel. https://www.mawazin.net/Details.aspx?jimare=260503

Iraq Preempts OPEC By Reducing Its Oil Production

Time: 04/02/2025 Read: 2,205 times  {Economic: Al Furat News} The Organization of the Petroleum Exporting Countries (OPEC) reduced its crude oil production last month, by reducing production from Iraq and Nigeria, just before the group began implementing long-delayed plans to restore previously suspended oil supplies.

Bloomberg reported that OPEC cut its production by 110,000 barrels per day, bringing it to 27.43 million barrels per day. OPEC leaders urged member states to adhere to the specified production quotas, a requirement some countries have not yet complied with.

Starting this month, the OPEC+ alliance, led by Saudi Arabia and Russia, intends to begin gradually increasing production after a significant portion of it had been halted for several years, as part of the alliance's efforts to support oil prices.

The change came after US President Donald Trump called on OPEC to "bring down the price of oil," and some delegates said the group's leaders had lost patience with countries like Kazakhstan, which repeatedly exceed their production quotas.

A Bloomberg survey showed that Nigeria made the largest production cut among the coalition countries last month, cutting 50,000 barrels per day to an average of 1.5 million barrels per day, in line with its quota. Shipments of Nigerian Bonny Light crude are facing delays due to a fire on the Trans-Niger pipeline.

Iraq came in second place after reducing its production by 40,000 barrels per day to 4.15 million barrels per day, bringing it closer to the agreed-upon ceiling. However, Baghdad still exceeds the four million barrel limit and has made only limited progress on the additional cuts it pledged to compensate for previous overproduction.

The United Arab Emirates increased its production by 30,000 barrels per day, reaching 3.33 million barrels per day, exceeding its agreed-upon ceiling, according to the survey.

Data used by the OPEC Secretariat, compiled from a range of external sources, shows that both Iraq and the UAE are approaching their agreed production levels.

OPEC+ is scheduled to add about 138,000 barrels per day this month, the first in a series of gradual additions that will continue until late 2026. The alliance is expected to decide in the coming days on the next tranche, scheduled for May, and several delegates said they expect to proceed with it.

The Bloomberg survey is based on ship-tracking data, information from officials, and estimates from consulting firms Rapidan Energy Group, FGE, and Rystad Energy.  LINK

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

3 ‘Horrible’ Pieces of Tax Advice, According to The Money Guy Show

3 ‘Horrible’ Pieces of Tax Advice, According to The Money Guy Show

Catherine Collins  Tue, April 1, 2025  GOBankingRates

The financial advisors behind the podcast ‘The Money Guy Show‘ recently reviewed popular TikTok tax hacks that are actually terrible money advice. In addition to being financial advisors, hosts Brian Preston and Bo Hansen are also accountants, so listeners can benefit from hearing their advice about what is and isn’t allowed when you file your taxes.

While the hosts aren’t against tax planning, many of the TikTok tax strategies they reviewed are less about planning and more about being misleading or even committing fraud. Many people turn to ‘The Money Guy Show’ for financial lessons that aren’t boring. So, if someone is interested in lowering their tax bill, this is a show to follow.

What’s important to remember is that if people need to get tax advice, they should follow the advice of an accountant. Not everything you see on TikTok is true, but sometimes people get excited about ways they can save money. Unfortunately, not all ways are valid.

Here are a few examples of bad Tik Tok tax advice, according to the pros at ‘The Money Guy Show.’ Also, learn how to avoid bad financial advice on social media.

Lease a Range Rover and Write It Off

The Money Guys reviewed a video where Grant Cardone told viewers they could write off a $150,000 Range Rover “100%” so long as they use it for business.

The IRS does have rules about using a car for business purposes, but how you can only deduct the business portion of how you use it.

The Money Guys explained you have to carefully track your mileage to write off a car as a business expense — you can’t write off any driving for personal use. Preston also pointed out, “‘Deductible’ is not ‘free.’ … You’re still paying 60 cents on the dollar.”

TO READ MORE:  https://finance.yahoo.com/news/3-horrible-pieces-tax-advice-130313620.html    

Iraq Economic News and Points to Ponder Thursday AM 4-3-25

World Gold Council: 29% Of Central Banks Plan To Purchase Gold By 2025
 
Economy     gold     buying     countries   2025-04-01 00:20  Shafaq News/ The World Gold Council confirmed on Tuesday that 29% of countries' central banks intend to purchase the precious metal in 2025. The council said in a report seen by Shafaq News Agency that
 
"29% of countries' central banks intend to purchase gold during the current year," noting that  
"the purchases are due to the desire to restore balance to a more strategic level in these reserves, 
     financial market concerns, as well as the increased risks of crises and rising inflation."

He added that   
"gold continues to attract the attention of central banks as a reserve asset," noting that
 
"increasingly complex geopolitical and financial factors make managing gold reserves more important than ever." He pointed out that
 
"central banks added

     1,037 tons of gold in 2023, the second-highest annual purchases in history, after setting a record of

     1,082 tons in 2022."
 
Iraq has gold reserves of 162.7 tons,
 
ranking 28th among countries with the highest reserves of the precious metal.  
  
https://shafaq.com/ar/اقتصـاد/المجلس-العالمي-29-من-البنوك-المركزية-للدول-تعتزم-شرا-الذهب-العام-2025    

Gold Prices Rise Ahead Of US-China Tariffs

Wednesday, April 2, 2025 | Economic Number of reads: 189  Baghdad / NINA / Gold prices extended their gains on Wednesday, after hitting a record high in the previous session, as investors sought a safe haven in the yellow metal in anticipation of the potential impact of mutual tariffs between the United States and China.

The price of spot gold rose 0.7% to $3,131.25 per ounce, as of 02:40 GMT.

The price of gold reached an all-time high of $3,148.88 on Tuesday.

US gold futures rose 0.4% to $3,159.90.

Philip Newman, managing director of Metals Focus, said: "The main reason behind these consecutive record highs is safe haven buying, and the geopolitical uncertainty that supports this shows no signs of abating."

Some of the uncertainty that has rocked markets this year is expected to dissipate after President Trump unveils his tariff plan on Wednesday.

Newman said that a slowing US economy, a potential rise in inflation, and lower interest rates could pave the way for gold to reach $3,300 in the coming months.

Markets are in suspense ahead of US tariffs scheduled to be imposed later today, which President Donald Trump has dubbed "Liberation Day."

Trump's tariff policies could exacerbate inflation, slow economic growth, and escalate trade disputes.

Gold is considered a hedge against global instability and inflation and thrives in a low interest rate environment.

Spot silver rose 0.2% to $33.82 an ounce, platinum gained 0.8% to $987.66, and palladium advanced 0.7% to $990.45. /End   https://ninanews.com/Website/News/Details?key=1195305

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Morning 4-3-25

Good Morning Dinar Recaps,

CIRCLE FILES FOR INITIAL PUBLIC OFFERING, PLANS TO LIST ON NYSE UNDER TICKER SYMBOL “CRCL”

Circle files for an IPO to list on the NYSE under the ticker "CRCL" with a focus on growing stablecoin revenue and market presence.

▪️Circle files for an IPO aiming to list on the NYSE under the ticker symbol “CRCL” with uncertain share pricing.

▪️Circle reports $1.68 billion in revenue for 2024 driven by interest from USDC reserve assets.

▪️Circle’s IPO marks its first attempt at a traditional public listing after a failed SPAC merger.

Circle, the issuer of the USD Coin (USDC), has officially filed an S-1 application with the Securities and Exchange Commission (SEC), signaling its intent to go public. The firm submitted its filing on April 1 which reveals its intention to trade Class A common stock on the New York Stock Exchange under the market identifier “CRCL.”

The filing did not reveal the number of shares Circle plans to offer or the anticipated pricing range. As a result, the company’s valuation remains uncertain. However, it was disclosed that the shares sold by Circle will contribute proceeds directly to the company, while those sold by existing shareholders will not.

Underwriting duties for the IPO are being led by JPMorgan and Citigroup. The firms hold a 30-day right to buy extra shares for any portion exceeding original subscription levels.

Financial Performance and Revenue Growth

Circle’s financial data for 2024 offers a closer look at its performance. The company reported total revenue and reserve income of $1.68 billion, an increase from $1.45 billion in 2023. The bulk of its revenue came from reserve income tied to interest on assets backing the USDC. Operating expenses for the year amounted to $491.7 million, with compensation costs making up the largest portion at $263.4 million.

The net income from continuing operations at Circle reached $156.9 million last year despite a decrease from $271.5 million the previous year. The financial results showed a notable improvement compared to the previous year when Circle recorded a loss of $761.8 million. Adjusted EBITDA financial results for Circle reached $284.9 million in 2024.

Share Structure and Corporate Governance

Circle intends to adopt a three-tier share structure once it goes public. Class A shares, offered in the IPO, will carry one vote per share. Class B shares, which are held by co-founders Jeremy Allaire and Patrick Sean Neville, carry five votes per share. However, these shares are capped at 30% of total voting power. Class C shares carry no voting rights but are convertible under certain conditions.

This structure ensures Circle does not qualify as a “controlled company” under NYSE governance rules following the IPO.

A New Attempt at Going Public

This filing marks Circle’s first attempt at a traditional IPO after its failed merger with a special purpose acquisition company (SPAC) in 2021. The company’s shares have no prior public market. The timing of the IPO coincides with growing stablecoin adoption and increasing regulatory interest in digital dollar infrastructure.

Circle’s IPO remains subject to regulatory review and market conditions. More details on the pricing and share volume will be disclosed in an updated filing before the listing date.

@ Newshounds News™

Source:  CryptoNewsLand

~~~~~~~~~

STABLECOIN TRANSPARENCY BILL PASSES HOUSE COMMITTEE WITH OVERWHELMING VOTE

The STABLE Act has cleared the House Financial Services Committee, even as scrutiny of Trump-linked stablecoin ventures mounts.

The House Financial Services Committee voted to advance stablecoin legislation Wednesday, approving the STABLE Act with 32 members in favor and 17 opposed.

The bill, formally named the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, would create a framework for dollar-denominated stablecoins, including reserve requirements and anti-money laundering standards.

During the markup session's opening remarks, House Financial Services Committee Chair French Hill stressed how blockchain technology "continues to transform the way money moves."

Hill stated that the bill forms part of their "ongoing efforts" to promote "financial innovation through sound digital asset policy. "

The vote proceeded despite controversy over President Donald Trump's family's connections to crypto ventures, including their foray into stablecoins with USD1 through World Liberty Financial.

Early in the session, Democrats raised concerns about potential conflicts of interest, suggesting amendments to prevent the president and cabinet members from offering stablecoin products while in office.

Those concerns connect with an earlier statement by Rep. French Hill from Monday that Trump's crypto dealings have made drafting stablecoin legislation "more complicated."

The legislation now faces two more hurdles before becoming law. After the markup, it will be reported out of committee and scheduled for consideration by the House of Representatives.

Both the House and Senate must align their approaches, with key differences in state versus federal regulation and the treatment of foreign issuers such as Tether.

The GENIUS Act, a separate version from the Senate, will be considered alongside it.

Once the STABLE bill passes the House, it will move to the Senate, where it will undergo a similar process of committee consideration before potentially reaching the Senate floor for a vote.

If both chambers approve the bill, any differences between the House and Senate versions would need to be reconciled before the final legislation could be sent to the President for signature or veto.

Wednesday's development marks the committee's second attempt to advance stablecoin legislation. A previous effort in 2023 stalled amid partisan disagreements under the Biden administration.

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

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Thank you Dinar Recaps

Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25

 Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, April 1st  no fooling, and we're happy that you're here. We're happy to welcome everybody back on to the big call tonight. Those of you who are out in the hinterlands Greenland, no, just kidding, new volcanos up in Iceland, I heard today so or explosions of them. Thank you for coming in, we're glad you're here. We're gonna have a nice call tonight,  I hope to bring some valuable information to you.

Let's delve into what has been happening. Man, there's been a lot going on, some of which I was privy to this past week, and some of it I was not, but generally speaking, I have a pretty good idea of where we are and where we're going.

Now, to correct something that I said on last Thursday's call, I believe it was my in my mind calendar was off, and now that we know today is Tuesday, the first of April, that means tomorrow, which is Liberation Day, is the second of April, and Liberation Day is going to mean a lot for us, I believe, and I'll talk about that in a minute, but tomorrow being Wednesday is also the first Wednesday of the month, and therefore it's a Social Security day for people with early birthdays in the month, because they set your Wednesday up based on what your birthday is throughout your birth month.

And so that means now, the second, which is tomorrow is Wednesday. And then second, the ninth 16th and the 23rd

Means now the 2nd  which is tomorrow, is Wednesday, and then 2nd  the 9th  the 16th  and the 23rd  your first four Wednesdays for Social Security. Now, what I'm hearing, and Jeannie  always reminds me about Social Security increases  are supposed to happen  this month

I’m the last Wednesday of the month, so I never find out until mine will be the 23rd of April, but we should be in pretty good shape before that occurs. But there's been discussion as to whether the DOGE payment for Social Security  recipients  would occur into their Social Security bank accounts I'm calling  them - and whether that would be an increased amount  which we expect it to be – quite substantial -  And it may be DOGE Payment  which is supposed to start in the next  two or three days.

You've got Liberation Day tomorrow, which is Wednesday. So Wednesday, Thursday, Friday, which is the, what the second - third and fourth of April is when we expect DOGE payments to come out -   now it could come as a separate  payment or as an additional amount  increasing your Social Security  - and everybody gets it by direct deposit

as far as -   I don't know, some people may get it my paper check, I don't know. I just know that everyone  I've talked to gets it by direct deposit so that could be increased as early as tomorrow for the early social security recipients.

We got DOGE kicking in. They're calling it, oh gosh, I don't know. They're calling it DOGE dividend or DOGE payment, something to that effect.

 I don't even know if the word DOGEwill be in there, but that's theory, is that the additional amount is coming from savings that Elon and his team have found by going through all the waste, fraud and abuse of all of our and they haven't done all of our programs yet and all of our parts of government, but what they've done so far, it looks like they're going to save quite a bit, allow the government to save quite a bit of money, spending foolishly and fraudulently, People that are over 113 or 14 years old, and all kinds of stuff you guys have seen, I'm sure some of the DOGE information, but we've got that starting.

 And then we also have, what we're hearing about, the R, and R is if you have exchanges to do. And if you have zim to redeem at the redemption center, then you should have your R and R institution, reclination allowance, or, I've heard it said restitution reconciliation allowance, that maybe have that at the redemption center, either in your  quantum account that is ready to be set up and activated by you when you go in, it's either there or it will be there after you do your exchange and you go to check it out.

It's an amount that could be substantial. I mean, it could be very high for certain people older you are more likely that it's that it's it's a greater amount.

The more taxes you paid, the more interest you've paid on on mortgages and credit card debt and bank loans and car loans and all that stuff. All of that is going to be in that one time lump sum payment for R and R.

Now I've heard different things on the DOGE payments for how long it will go? How it's being combined with Social Security. Social Security could get “renamed” something else. I'm not sure. I can't really, to me, it's up in the air. It's just going to happen. It's going to happen this month.

Don't be shocked if you see an amount in your bank account that's a lot higher from a Doge payment in especially in conjunction with your social security. They are using the same algorithm that they pay Social Security with to the doge. How it actually comes down? I’ve heard it three or four different ways, so I'd rather not put it out –

Similarly, I have heard that when we move our fund, when we have our quantum account set up, which will do that as part of our redemption appointment and our currency exchange. When we do that, we'll move money for the first six months that we need.

We'll move that into our primary Wells Fargo account, and then it's up to you to estimate what you want, what you think you'll need to put in that account to last you for two months, 60 days, two months,

Then on the 63rd day, I don't know why, 63/63 day, you're supposed to have access to all of it so that you can move it, you know, without asking them to allow you to move your money into your account, I'll just say it that way.

So the one good thing about money being left in your quantum account is nobody can see it, but you, unless you let somebody else see the screen, nobody knows how much you have in there.

Now, in conjunction with that, banks, yesterday, yesterday, which was Monday, the 31st yesterday was the day of what they're saying is called “digitalization”  with the banks.

Digitalization is designed where the banks are no longer going to be able to see. This is the theory of it. I can't prove it yet, but this is what it's supposed to be.

Our banks will no longer to see your account balance in your bank accounts, they're your that's your money and your accounts, and they won't be able to see the amounts that you have, and that's really good in case that you move millions and billions of dollars into your bank account, like your Wells, primary or secondary accounts, or another bank you got tied in that Only you can see the balance that you have,

I think it's a little bit unusual, but that's what it is. That's what it is. And I said, Well, if the in the banks are not supposed to use our money to make money, they're not supposed to use our money.

I said, Well, how? How are we supposed to how are the banks supposed to make money if they can't use our money to do it? And the answer came back that they're going to offer financial services, which I'm sure they'll offer some specialty services for us that are considered using Premier banking with Wells, basically high net worth individuals.

 And that would include, I'm sure it would include setting up of trusts. There'll be a charge for that. I guess you see, they do a certain amount of those for free, but I think now they're going to be desperate to make money.

So the other thing, so that you don't feel too bad about the banks, the bank will pick up decimal point, oh, two, 5% that's 20 5000s of 1% point 02  5% on our transaction, and the person that helps us in the redemption center will pick up point 025% to work with us

At the time of the exchange that will it doesn't really come off our side of the equation, which is kind of weird. It doesn't supposedly to come off of our balance. So there'll be, they'll be making money from us that way on the exchange. There won't be a ton of money. You hardly recognize it, but after you do a whole group for a week or two of zim holders and high currency holders, it turns into real money fast.

You know, all you have to do is look at the value of the Zim when you see a 10 t or 50 T or 100 T node. And you know that if you even only, if you only had 100 T o's and you took point, oh, two 5% of that, well that turns into real money. It really does. So banks are going to do that. They'll make some money on financial services.

They are going to get into the real estate game. They're going to make money on real estate, they're going to make money on insurance, and they're also going to make money buying and selling crypto coins.

And remember, the five crypto currencies that are all gold back are going to be, if you have it and you want to sell it at the time of your exchange, they will be able to pay you for The Crypto coins. You know, XRP, Bitcoin, XRP, Ethereum, Solano and Cardano, those are the five coins.

And of course, Bitcoin, I believe, has by far away, the highest value per coin, if I remember right, they will be able to transact that at the redemption centers, but the redemption centers will then sell those coins to the bank, so the banks will have a way to transact and make some some money with crypto coins. That's just real recent, like the last day or so that has been decided upon.

So a lot of the banks that we have now already turned into high wealth management type branches, some have closed, some have been sold to other banks. You know, there's going to be a little shake up in the banking system as we transact and go into this new world, but we've got the QFsystem, we've got the StarLink satellite system, we have the blockchain technology, the FinTech system.

They're all these systems that are integrated now and give you an opportunity to transact using your almost you don't have it yet, but the Q phone, you're supposed to be able to transact using the Q phone, which will be really interesting to make that happen, you're supposed to get a Q phone if you are a zim holder.

Zim holders are given the cue phone, and I have no idea how, what carrier we're going to using, or what if there's a monthly charge for it, how it's going to run, but they are true. Satellite phones connected to the Starlink satellite system, and you guys might remember when Elon Musk was asked by President Trump to help out people that were stranded in North Carolina with satellite phones. Those were phones that had connected through T Mobile to the Starlink satellite system.

So I don't know if T Mobile is going to be the carrier for the Q phone or not, but in that particular case, Elon worked it out with with T Mobile to work those phones for the people that were have self service or didn't have hard lines in western North Carolina and maybe other areas, but I just know western North Carolinas was the one that was seemingly the worst that flooding and there been fire come in after the flood, which is the weirdest thing, we could imagine –

and it does not it appears these fires, for the most part, were not naturally occurring from lightning strikes, but rather deep state fires that were set in South Carolina, behind Myrtle Beach, all the way over in that area, that South Carolina kind of wooded And behind Myrtle Beach behind the golf courses.

And, you know some of course, I remember so many barefoot landing golf courses there, and some of those there. I played some of those courses. I haven't played all of them still in Myrtle Beach. Something put on the bucket list, I've got probably 15 of those courses I’ve plasyed  probably play another probably play another 30 or 40 of them ,

So that is sort of where we stand on the whole banking  perspective and  coins and so on- The  tomorrow US the Liberation Day, as President Trump has called it, what are we going to be liberated from or liberated to? So it seems as what I'm hearing is the DOGE payments would start Wednesday, which is the second Wednesday, Thursday, Friday.Those three days is when they're supposed to go out.

Some may go check paper check drawn on the US Treasury  shouldn't have any trouble negotiating it, even though decent size checks – but most will get it by direct deposit. My understanding is, even if you're not on Social Security, but you have a bank account, it will go by direct deposit to your bank account and say, Well, how do they know it? They KNOW IT by your security number, okay, so that's how that will will come.

What else is happening?  Could we get an announcement  about NESARA  and GESARA tomorrow, on Liberation Day. Could we? I think it's quite possible. That’s what I’m hearing -  Yes, we should

We know the USN is  part of NESARA -  We know that tax relief and I mean NO Federal income taxes, no state income tax is part of NESARA. I believe some aspects of NESARA will take a while to roll out. I don't out in one or two or three days. I think they have to let it.

Let us get used to one or two things before they bring everything else out, but our asset backed currency, the USN and the USTN, United States Treasury note, the actual physical paper money, our new money is out already, and redemptions have it, and our banks have it, the USTN in the drawers in the vault, ready to the drawers.

But we don’t know exactly when its going to happen  - when, that's when we go for our changes -we should be able to get the new USTN currency which it is asset backed primarily with gold, but other assets should be able to get some of that at the redemption center, and they changed the amount that they would like us to take, but they're trying to hit the redemption center with more to make sure that they have enough.

Okay, because people get the new life. It doesn't matter that we have a ton of it. Could get two or $3,000 of it without a problem. I think, I think that's kind of where they want us to be, somewhere around them, more than three grand. You don't want to become a target for robbery or anything like that, so to always get more later on,

Let's see. All right, let's talk about what else should I have to say? Should we have two separate sources, is, and these are pretty strong sources, is that we should get our notifications by  email from the Wells Fargo servers  tomorrow by or around noon tomorrow, by or around  noon tomorrow, and that would bring the tomorrow into a whole new light for us, because then we would set our appointments, and maybe we don't exchange starting tomorrow, but maybe we start exchanging on Charlie Ward’s Thursday, because that that looks like what it right now. I don't have absolute on that, but we know we've got at least two, maybe three, sources that are saying our numbers are supposed to come out tomorrow.

I'd hoped to have had them today on the call tonight, but that did not happen, so we may end up doing a celebration call on Thursday, and that would be celebrating the fact that we started and we have our numbers that we started exchanges. If it happens Wednesday, Thursday, then we would have a short celebration call on Thursday.

Beyond that, guys, I think what's happening behind the scenes, they're continuing Clean up on aisle seven, eight and nine. That continues. It's going very successfully. And the bond holders are moving forward to they should have, I believe they should have access to funds tomorrow, is what I'm hearing. So we'll see. You know that has changed.

They have been moved just as many times as we have. And I'm looking forward to this going and for us moving, we are going to post the 800 number on our website, on the landing page. When we get it, I am supposed to get it first. I will put that out through Bob and through Raleigh on our website.

All right, so let's go ahead and pray the call out,  So thank you, everybody, and continue to believe this and pray it in tonight. And let's see if that prayer is answered for us tomorrow.

Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 REPLAY LINK   Intel Begins   1:09:09

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Bruce’s Big Call Dinar Intel Thursday Night 3-27-25 REPLAY LINK   Intel begins   1:05:20

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Bruce’s Big Call Dinar Intel Tuesday Night 3-25-25 REPLAY LINK   Intel Begins   1:11:11

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Bruce’s Big Call Dinar Intel Thursday Night 3-20-25 REPLAY LINK   Intel begins   1:18:00

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Seeds of Wisdom RV and Economic Updates Wednesday Evening 4-2-25

Good Evening Dinar Recaps,

US DOLLAR DAYS ARE NUMBERED: 2 ALTERNATIVE ASSETS THAT COULD REPLACE USD

The US dollar is currently standing on the precipice of a radical change, a transformation that intends to strip the USD bare of its reserve currency status. The US dollar has been encountering steep fluctuations in its price, with major non-traditional reserve currencies giving stiff competition to the dollar.

With Trump’s rising trade war narratives, the US dollar has been suffering the most out of the lot, with new alternatives busy challenging the American currency’s dominance at a rapid pace. Will the US dollar be able to survive this new development? Let’s find out.

The World Order Is Changing: Will The USD Be Able To Withstand This Change?

It all started with a new statement made by Larry Fink, the CEO of financial giant BlackRock. Fink, in his annual company letter, shared a new analysis, adding how the US dollar could lose its dominance to Bitcoin. This statement made a pivotal impact on the current financial mindset of the world, where BTC seems to be taking the lead over major world assets.

“If the U.S. doesn’t get its debt under control, if deficits keep ballooning, America risks losing that position to digital assets like Bitcoin.” Fink shared

In addition to this, Deutsche Bank had also echoed a similar stance earlier, adding how US dollar dominance is currently in grave jeopardy.

“We do not write this lightly. But the speed and scale of global shifts are so rapid that this needs to be acknowledged as a possibility. It is hard to overestimate the scale of change taking place in global economic and geopolitical relations in a matter of days.” As stated by George Saravelos, the bank’s global head of FX strategy, in a note to clients.

The Trump administration has also shown a steadfast approach toward expediting crypto proceedings. Trump has recently announced a crypto reserve with coins like BTC, ETH, XRP, ADA, and SOL included in the lot.

The US government is also exploring stablecoins as capable instruments to keep the US dollar’s dominance intact. However, the fact cannot be denied that Bitcoin is now being viewed as digital gold, another safe haven asset that could protect investors from stark USD volatility.

Another Asset Threatens the American Currency’s Dominance

Apart from Bitcoin, the steady rise of gold is also damaging the US dollar’s prestige in the long haul. Central banks all over the world have lately been diversifying their reserves, hoarding gold aggressively in the process. This demand has spiked XAUs value to new highs, threatening the age-old established world order.

“According to the IMF figures not updated for 2024, central banks’ gold holdings have surged by roughly 200 million troy ounces (6,221 tonnes) from 2006 to 1.16 billion troy ounces, driven largely by China and Russia,” Richter wrote. “The increases in China and Russia alone represent nearly 60% of the total increase since 2006. “ In dollar terms, these gold holdings at today’s price amount to $3.65 trillion.” As stated by Wolf Richter, Kitco writer and Wall Street analyst.

With Trump’s decision to announce further tariffs on April 2nd, the world could again witness sharp dollar volatility if the tariff spree escalates the global trade war narrative. With this, the investor sentiment could continue to favor Bitcoin and gold as safe haven assets, detailing the US dollar further in the process.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

BRICS: HERE’S HOW TRUMP’S RECIPROCAL TARIFFS WILL IMPACT THE US DOLLAR

Since his return to the White House, US President Donald Trump has sought to end global de-dollarization. In pursuit of that, he has targeted the BRICS alliance with 150% tariffs, as Trump is now set to levy reciprocal tariffs on the entire world, with the US dollar bound to be affected.

Since his election win in late 2024, he has placed a massive target on the BRICS bloc. Specifically, he sought to end any talks of local currency promotion within the global south. However, this move is less about the status of the greenback and more about balancing global trade. So, what impact will it have on the asset?

BRICS & The World to Face Trump Tariffs on US ‘Liberation Day’: How Will the US Dollar Respond?

US President Donald Trump has been hyping up his April 2nd announcement as the country’s ‘Liberation Day.’ The administration is set to unveil a string of tariffs that seek to balance global trade, with nations like Israel and India already announcing an end to their tariffs on US goods to curtail the action.

Now, more than just the BRICS bloc is targeted by these Trump reciprocal tariffs, so the question is, just what will they do to the US dollar? Indeed, the returning president has continuously sought to secure the greenback’s status. Yet, the economic policy is bound to affect it internationally.

Rather surprisingly, the US dollar is expected to stabilize over the coming months, according to a Reuters report. However, it is still set to be affected by “mounting worries about the economic impact of President Donald Trump’s erratic tariff announcements,” strategists told the publication.

“Over one-third of strategies surveyed in the past few days also expressed concern about the greenback’s traditional role in the currency market as a safe haven,” they added. Indeed, the aggressive policy could threaten the currency in a myriad of ways.

Just this week, BlackRock CEO Larry Fink expressed concern regarding the US dollar’s status. Specifically, he noted that Bitcoin’s rise could affect it. Interestingly enough, Trump has been the driving force of that rise. Altogether, the dollar could be subject to increased pressure, proving the BRICS bloc right in its continued de-dollarization efforts.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

SUMMARY OF PRESIDENT TRUMP'S RECIRPOCAL TARIFF ANNOUNCEMENT:

1. Tariffs imposed on 50+ countries in announcement

2. Tariffs are 50% of rates imposed on US, by country

3. 10% baseline tariff on all countries worldwide

4. 25% auto tariffs on all foreign made vehicles

5. Trump says tariffs will "give the US growth"

6. Trump plans to announce "largest tax cut in US history"

7. Baseline tariffs go into effect April 5th

8. Reciprocal tariffs go into effect April 9th

This is the largest tariff announcement in US history.

@ Newshounds News™

~~~~~~~~~

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Iraq Economic News and Points to Ponder Wednesday Afternoon 4-2-25

Government Advisor: The 2025 Budget Includes Significant Adjustments In Spending And Deficit.

Time: 2025/04/02  {Economic: Al Furat News} The Prime Minister's advisor for financial affairs, Mazhar Mohammed Saleh, confirmed that "the general budget amendments enhance stability and support the country's urban renaissance."

Saleh told Al Furat News Agency that: "The financial and legal flexibility available in the Federal General Budget Law No. 13 of 2023 (the three-year budget), in accordance with the implementation of the amended Financial Management Law No. 6 of 2019, has allowed the executive authority to proceed with the implementation of its government service program for ongoing projects without interruption and at a high level of stability."

He explained that "these efforts have been clearly reflected in all governorates of the country, as they are witnessing a continuous and organized urban renaissance." He pointed out that the financial tables for the year 2025 will soon be submitted to the Council of Representatives in accordance with Article 77/Second of the Three-Year Budget Law, which will include some important adjustments in spending, sources of public revenue, and deficit management."

He pointed out that these adjustments come after the Council of Representatives approved, in early February of the month before last, the amendment to Article 12 of the Budget Law, related to the mechanisms for calculating the extraction of oil from the Kurdistan Region in the areas of extraction and transportation operations.

The Financial Advisor emphasized that the financial track is proceeding regularly and effectively, with a high level of governance, transparency, and financial integrity, thanks to close coordination between the legislative and executive authorities.  LINK

Government Statement On Iraq's Foreign Reserves: At Their Highest Levels

Money and Business  Economy News – Baghdad   The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that foreign reserves are at their highest historical levels, helping to achieve economic balance and stability for the country. He also noted that reserves still cover more than 100% of the currency in circulation.

“The slight decline in the Central Bank’s reserves, estimated at 1% of the country’s total foreign reserves, is linked to two things: First, the high level of reinforcements of the Iraqi banking system with foreign currency from their correspondents abroad for the purposes of financing trade and external transfers, which led to a significant decline in the exchange rate of the dollar in the parallel market against the dinar and an increase in the value of the dinar in that parallel market,” Saleh told the official agency, as followed by “Al-Eqtisad News.”

He explained that "control over domestic liquidity levels has become high, significant, and influential in light of the increasing external value of the dinar, which continues to indicate a decline in the effectiveness of the parallel or secondary market in the country.

There has also been a very clear decline in growth rates in the general price level and a very high level of price stability, unlike anything the country has ever witnessed before."

He added, "The other issue depends on the degree of growth in the amounts in which the public finances exchange monthly oil revenues in foreign currency for the dinar for the benefit of total spending (which is the basis of foreign reserves) and converting them into Iraqi dinars,"

 noting that "this is also linked to the degree of discipline and control of public expenditures on the one hand, and thus the slowdown in the liquidation of government foreign currency proceeds into domestic liquidity that can be spent on the other hand through the general budget."

He pointed out that "taking into account the risks of fluctuations in average export oil prices of about $70 or less per barrel in energy markets, which occurred in recent months, this means that the compatibility between the level of replenishment of foreign reserves (through collecting them through cash issuance), which may have become slower and less rapid on the part of public finance, and external transfers in foreign currency for the benefit of financing private sector trade on the part of the monetary authority, which is still at a relatively high pace, is what caused this deficiency or slight decline in foreign reserves."

Saleh continued, "Foreign reserves remain at their highest historical levels, achieving economic balance and stability for the country. The function of foreign reserves remains to defend price stability. However, it is also wise for the Central Bank of Iraq to closely monitor the movements of the current account of the balance of payments to maintain the stability of foreign reserves and monitor their growth safely."

He stressed that "these foreign reserves still cover more than 100% of the currency in circulation and enjoy a high commercial efficiency of more than 15 months of imports, compared to the global standard of three months."

 He added that "the monetary authority is the only competent entity responsible for managing the country's monetary policy at the domestic and external levels, with a high degree of consensus in terms of balance and transparency to achieve and maintain economic stability." https://economy-news.net/content.php?id=54025

An Iraqi Oil Field With Reserves Of 22 Billion Barrels Has Been Awarded A New Contract.

Energy  Economy News – Baghdad  An Iraqi oil field with recoverable reserves of approximately 22 billion barrels has been awarded a new contract to provide full project management services.

China Huanqiu Engineering & Construction Corporation (HQC) has signed a contract to provide project management services for the West Qurna 1 oil field in Iraq.

The West Qurna 1 field, located in Iraq's Basra Governorate, is one of the largest oil fields in Iraq, with recoverable reserves of approximately 22 billion barrels.

The field's proven reserves are estimated at more than 12 billion barrels, according to a statement posted by the Chinese company on the social media platform WeChat.

West Qurna Oil Field Production

Since CNPC took over as prime contractor from ExxonMobil on January 1, 2024, the West Qurna field has maintained an average production of over 541,000 barrels per day of crude oil throughout the year.

Production reached a record high of 568,000 barrels per day on July 28 of last year (2024), according to Huanqiu Engineering and Contracting Company.

On January 22, 2025, the signing ceremony for the West Qurna-1 oilfield water injection project was successfully held at the headquarters of China Petroleum Engineering and Construction Corporation (CPECC).

This project is the largest engineering, procurement, and construction (EPC) contract since the company assumed the role of prime contractor for the West Qurna 1 oil field project, according to a statement seen by Energy Platform.

This initiative introduces advanced high-pressure water injection technology, using the latest water treatment and reinjection systems, to maintain optimal reservoir pressure and enhance production efficiency.

The implementation strategy consists of two phases, focusing on upgrading existing facilities and establishing new water injection infrastructure. The completed facility will significantly increase water injection capacity from 300,000 barrels per day to 1.5 million barrels.

Iraqi Oil Field Developments

On January 1, 2025, China National Petroleum Corporation (CNPC) held a groundbreaking ceremony for the new operations headquarters for the West Qurna 1 project in Basra, Iraq's second-largest city and a major port.

Oil Minister Hayan Abdul-Ghani announced via video link that the field's production has now reached 550,000 barrels per day, praising the Chinese company for providing job opportunities and adequate services to local communities.

The new complex extends over an area of ​​800,000 square meters, with a total construction area of ​​approximately 50,000 square meters. It is scheduled for completion in two phases, the first in 2027 and the second in 2028.

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The first phase will accommodate 540 employees and include two production command buildings, a restaurant, a multi-purpose building, a medical clinic, a maintenance workshop, and other support facilities.

Laying the foundation stone for the new operations headquarters for the West Qurna oil field project - Photo from the China Daily platform

In a press release reviewed by Energy Platform, the China National Petroleum Corporation announced that it had successfully completed the handover of seven fields within six months, with all fields fully delivered.

By last year (2024), average annual production had risen to 541,000 barrels per day, and production stabilized at 550,000 barrels per day, reaching a record peak of 568,000 barrels on July 28, 2024.

In 2025, the successive operation of four major projects will contribute to increasing production capacity by 200,000 barrels per day.

"We expect production capacity to reach 800,000 barrels per day by 2028, 1 million barrels per day by 2030, and in the next phase, 1.2 million barrels per day by 2035," said project manager Kai Kai Ping. https://economy-news.net/content.php?id=54033

New Rise In Basra Crude Prices

Wednesday, April 2, 2025 | Economic Number of reads: 209   Baghdad / NINA / The prices of Basra heavy and medium crude oil rose on Wednesday, with the stability of oil prices in global markets.

The prices of Basra heavy crude rose 76 cents, or 1.07%, to reach $72.04, and the prices of medium crude rose 76 cents to reach $75.09.

Oil prices stabilized before Trump imposed new tariffs that could deepen the global trade pocket.
Brent crude recorded $74.60, up 10 cents, and US crude recorded $71.26, up 3 cents. / End

https://ninanews.com/Website/News/Details?key=1195312

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