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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Tuesday Morning 1-21-25

Good Morning Dinar Recaps,

BRICS REALIZE THEY CANNOT CHALLENGE THE US DOLLAR

The US dollar started 2025 with a bang leaving local currencies of BRICS countries distantly behind in the charts. The DXY index, which tracks the performance of the US dollar shows the currency crossing the 110 mark.

The US markets are confident that Trump’s re-election could turn the fortunes of America and bring economic prosperity. The same positivity is lacking in developing countries as their local currencies are being hammered by the raging US dollar.

Good Morning Dinar Recaps,

BRICS REALIZE THEY CANNOT CHALLENGE THE US DOLLAR

The US dollar started 2025 with a bang leaving local currencies of BRICS countries distantly behind in the charts. The DXY index, which tracks the performance of the US dollar shows the currency crossing the 110 mark.

The US markets are confident that Trump’s re-election could turn the fortunes of America and bring economic prosperity. The same positivity is lacking in developing countries as their local currencies are being hammered by the raging US dollar.

The BRICS alliance, which kick-started the de-dollarization agenda is now reeling under pressure from the US dollar. BRICS country India’s local currency, the rupee, has fallen to a lifetime low of 86.68 this week. The rupee fell four trading sessions in a row as the USD trampled the currency in the charts. Currency experts predict that the Indian rupee could fall to 90 to 92 levels in the next 10 months.

BRICS No Challenge to the US Dollar


The US dollar is strengthening in the indices with the massive inflow of funds entering the American markets. Institutional investors offloaded most of their overseas funds and are now taking entry positions in the US markets.

 The belief that Trump’s rule could bring fortunes has reached a peak in 2025. The first instance of the market gaining steam occurred immediately after he was declared the winner in November. This puts BRICS on the back foot as it stands no chance to challenge the US dollar during Trump’s tenure.

Trump has already threatened BRICS with 100% tariffs if they plan to abandon the US dollar for trade. The alliance is now left with obeying his demands as a tariff increase will only hurt their economies.

The de-dollarization agenda could fail under his rule as the President-elect aims to safeguard the USD. Whether he will bring in laurels to the US stock market or cause a dent, only time will tell.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

RAMASWAMY EXITS DOGE FOR OHIO GOVERNOR BID, LEAVING MUSK AS SOLE HEAD

Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”

Entrepreneur and former presidential candidate Vivek Ramaswamy will no longer co-lead the Department of Government Efficiency (DOGE) alongside Elon Musk, and is reportedly opting to run for Ohio governor instead.

“It was my honor to help support the creation of DOGE,” Ramaswamy said in a Jan. 20 X post. “I’m confident that Elon and the team will succeed in streamlining government.”  

Ramaswamy didn’t elaborate on his future plans, but CBS News and The New York Times were among the US media outlets reporting that the business leader and author would soon announce he is running run for governor of Ohio.

Ramaswamy said that he’d “have more to say very soon” while reaffirming his support for President Donald Trump.

“Vivek Ramaswamy played a critical role in helping us create DOGE. He intends to run for elected office soon, which requires him to remain outside of DOGE based on the structure that we announced today,” DOGE spokesperson Anna Kelly told the Associated Press.

Ohio Governor Mike DeWine’s second — and legally his last — term will end in January 2027.

On Jan. 18, Ramaswamy re-shared an X post from a parody account using this likeness that stated he was running for governor of Ohio, with the pro-crypto Republican commenting that it wasn’t “a bad idea.”

Politico reported that Musk made it known that he wanted Ramaswamy out of DOGE in recent daysA Republican strategist close to Trump’s advisers told Politico that Ramaswamy “just burned through the bridges and he finally burned Elon. Everyone wants him out of Mar-a-Lago, out of D.C.”

The move was driven in part by Ramaswamy’s criticism of American culture. In December, he made a post on X stating that tech companies hire foreign workers  partly because of a mindset that has “venerated mediocrity over excellence.”

The now-solely Musk-led advisory organization, named after his favored cryptocurrency Dogecoin, was officially created through one of a slew of executive orders that Trump signed on his first day in office.

DOGE is already on the firing line as it was hit with lawsuits from consumer advocate group Public Citizen and other nonprofit groups minutes after Trump took office.

The lawsuits allege that DOGE violates the Federal Advisory Committee Act by allowing private individuals to make government decisions without proper transparency and oversight.


DOGE, which was announced by Trump soon after his electoral victory in November, is designed to slash federal spending through budget cuts and mass firings.


@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

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“Tidbits From TNT” Tuesday Morning 1-21-2025

TNT:

Tishwash:  The largest oil reserve was discovered in central Iraq

The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.

The company's general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, as a highly productive oil flow of medium and light oil was obtained.

TNT:

Tishwash:  The largest oil reserve was discovered in central Iraq

The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.

The company's general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, as a highly productive oil flow of medium and light oil was obtained.

It is expected to add more than two billion barrels to Iraq's oil reserves, making it the largest oil discovery in central Iraq.

The Director General pointed out that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil.

Yassin praised the fruitful cooperation between Iraqi engineers at the Middle Oil Company and their counterparts at the Chinese EBS Company, which resulted in precise planning and strict implementation of well testing procedures in areas within the oil field.

This discovery is of strategic importance as it adds to Iraq’s oil reserves, which rank fifth in the world in proven reserves. This achievement also enhances the production capabilities of Iraq, one of the founding and influential members of the Organization of the Petroleum Exporting Countries (OPEC), which supports its pivotal role in the global energy market.  link

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

Tishwash:  Al-Sudani in a telegram to Trump: We are committed to strategic relations under the umbrella of respect for sovereignty and non-interference

Prime Minister Mohammed Shia Al-Sudani sent a congratulatory telegram today, Tuesday, to US President Donald Trump, on the occasion of his assumption of office as President of the United States of America.

Al-Sudani indicated in the telegram, according to a statement from his office, a copy of which was received by {Euphrates News}, that Iraq aspires to strengthen the bonds of cooperation and partnership with the United States, within the framework of the strategic agreement and the common interests of the two countries, stressing the importance of working to support the foundations of stability, security and development regionally and internationally.

Al-Sudani stated that the Iraqi government adheres to strategic relations with the United States, and seeks to activate and expand the scope of implementing all bilateral memoranda of understanding, and bilateral security and economic coordination, under the umbrella of respect for sovereignty, non-interference in internal affairs, and supporting bilateral exchange in the cultural and technological fields, and the fields of investment and sustainable development.  link

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

Tishwash:  President of the Republic: Our participation in Davos confirms Iraq's growing role in the global arena

President of the Republic Abdul Latif Jamal Rashid stressed that Iraq's participation in the Davos talks confirms its growing role in the global arena.

Rashid said in a tweet on the (X) platform, followed by the Iraqi News Agency (INA), "I am proud to see Iraq and the Kurdistan Region well represented in Davos, which is an important annual gathering of global leaders and thinkers. Our participation in these talks confirms Iraq's growing role in the global arena and our commitment to confronting common challenges through dialogue, innovation and cooperation."  link'

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

Tishwash:  Directive from the Central Bank regarding the 5,000 dinar banknotes 

The Central Bank stressed, on Monday, that Iraqi banknotes are homogeneous in all their denominations and are accepted by all its branches, and that the delivery of one denomination and the rejection of another by certain banks is a violation of the law, requesting a list of the names of these banks.

text of document:  Date 1/16/2025

Federation of Iraqi Chambers of Commerce / President's Office

m/damaged currency

Greetings.

Your letter No. 1 dated 1/5/2025 regarding banks that refuse to receive small denomination banknotes and the (5,000) dinar denomination.

We would like to inform you that the instructions of this bank stipulate that Iraqi banknotes are homogeneous in their various categories, have absolute legal tender and are accepted by the Central Bank of Iraq, its branches, banks, institutions and the public. Discrimination between their categories by imposing a certain category on the public or refusing to receive a certain category is unacceptable and is considered a violation of the law.

We hope you will provide us with the names of the violating banks that refused to receive banknotes. With appreciation. link

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

Mot: Jumping Days 

Mot:  it Has Begun!!!! 

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Seeds of Wisdom RV and Economic Updates Monday Evening 1-20-25

Good Evening Dinar Recaps,

MARK UYEDA NAMED ACTING SEC CHAIR AMONG TRUMP APPOINTMENTS

Members of the US Commodity Futures Trading Commission also announced on Jan. 20 that Caroline Pham would serve as acting chair, filling two crucial regulatory roles

US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.

Good Evening Dinar Recaps,

MARK UYEDA NAMED ACTING SEC CHAIR AMONG TRUMP APPOINTMENTS

Members of the US Commodity Futures Trading Commission also announced on Jan. 20 that Caroline Pham would serve as acting chair, filling two crucial regulatory roles

US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.

In a Jan. 20 notice from the White House, President Donald Trump said Uyeda would replace outgoing SEC Chair Gary Gensler in an acting capacity until the US Senate could confirm one of his nominees. Uyeda, a Republican, has served at the SEC since 2022 after being nominated by former US President Joe Biden.

Before taking office, Trump announced on social media that he planned to nominate former SEC Commissioner Paul Atkins to replace Gensler.

Atkins’ name appeared on a list of sub-cabinet appointments Trump said he had nominated to the Senate. It’s unclear when the chamber could consider his nomination as an SEC member.

Meanwhile, members of the US Commodity Futures Trading Commission announced on Jan. 20 that Commissioner Caroline Pham would serve as acting chair after Rostin Behnam stepped down.

The heads of the two financial regulators will be in a position to significantly influence policy related to digital assets.

As an SEC member, Uyeda criticized the commission’s approach to digital assets under Gensler, saying it “neither facilitates capital formation nor protects investors.” Under the former chair, the SEC filed several enforcement actions against US-based crypto firms, including Ripple Labs, Coinbase, Terraform Labs and Binance.

New administration, new approach to crypto?

It’s unclear what the status of these lawsuits will be under the Trump administration or Acting Chair Uyeda. The SEC will reportedly consider freezing all enforcement cases that don’t involve allegations of fraud.

Since taking the oath of office at 12:00 pm ET, Trump has not mentioned digital assets or blockchain on his first official day as US president. He had also pledged to commute the sentence of Silk Road founder Ross Ulbricht.

Reports suggested Trump was planning on signing an executive order potentially related to crypto, but the White House had not announced anything at the time of publication. Neither digital assets nor blockchain appeared on the administration’s list of policy priorities as they were first published on Jan. 20.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

DONALD TRUMP APPOINTS CAROLINE PHAM AS ACTING CFTC CHAIR

The CFTC commissioner has previously called for regulating digital assets in her role with the financial regulator, which could change under Donald Trump.

In one of his first official acts after being sworn in as US president, Donald Trump will name Commodity Futures Trading Commission (CFTC) member Caroline Pham as the acting chair of the financial regulator.

In an announcement shared with Cointelegraph on Jan. 20, a representative of Commissioner Pham said she would replace former CFTC Chair Rostin Behnam temporarily until Trump could nominate a permanent head of the regulator whom the Senate could confirm.

She has been serving as a CFTC commissioner since April 2022 after being nominated by former US President Joe Biden.

“I’m humbled to lead the CFTC as Acting Chairman,” said Pham“It is an honor to be entrusted to serve the American people during this pivotal time.”

Behnam announced in January that he planned to step down on the day of Trump’s inauguration. Though any new CFTC commissioner or chair would need to be confirmed by a majority of lawmakers in the US Senate after hearings, Trump has the authority to appoint temporary replacements under the Federal Vacancies Reform Act.

As a CFTC commissioner, Pham has called on the government to address crypto regulation and proposed initiatives to protect investors.

It’s unclear what roles the CFTC and Securities and Exchange Commission will have in regulating crypto under the Trump administration, with many US lawmakers suggesting they plan to pass legislation establishing a market framework.

Trump took the oath of office as US president on Jan. 20 but notably did not mention digital assets or blockchain technology in his acceptance speech. In one of his last acts as a private citizen before assuming office, he and his wife, Melania, announced the launch of memecoins, which critics claim allow anyone to funnel money indirectly into the first family’s pockets.

US crypto regulation under Donald Trump

The appointment of Pham is one of many actions potentially affecting the crypto industry Trump is expected to take on his first day in office. The US president said he intended to nominate former SEC Commissioner Paul Atkins to replace Gary Gensler as chair of the financial regulator — Gensler officially stepped down on Jan. 20.

In May 2024, Trump promised to commute the sentence of Silk Road founder Ross Ulbricht, and reports have suggested he plans to sign at least one executive order related to crypto or blockchain.

The White House is expected to announce what executive orders Trump will sign on Jan. 20, but reports suggested the number would be “close to 100.”

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

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Seeds of Wisdom RV and Economic Updates Monday Afternoon 1-20-25

Good Afternoon Dinar Recaps,

INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH

During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.

Trump is also set to issue crypto-related executive orders.

Dinar Recaps Note: Sorry, this is the same as our last Seeds of Wisdom post. The new post is up now ( link ).

Good Afternoon Dinar Recaps,

INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH

During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.

Trump is also set to issue crypto-related executive orders.

In his return to Washington D.C. on Monday, Donald Trump touted his support for innovation, though did not specifically mention crypto during his inauguration speech on Monday.

“There’s no nation like our nation,” Trump said. “Americans are explorers, builders, innovators, entrepreneurs and pioneers. The spirit of the frontier is written into our hearts."

However, Trump did not mention crypto in a document titled "President Trump's America First Prioritiesin an email sent out by the office of the press secretary. Punchbowl News earlier released the document.

During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.

Trump made several promises to the sector, including promising to commute Ross Ulbrucht's sentence, who is currently serving a life sentence without the possibility of parole for his role in creating and operating the dark web marketplace Silk Road, tied to bitcoin's early history.  

Trump also vowed to stop "Joe Biden's crusade to crush crypto" by ensuring the future of crypto will not be "driven overseas," supporting the right to self-custody and preventing the development of a central bank digital currencySome Republican lawmakers have been staunchly opposed to a CBDC and say a CBDC could open the door to government surveillance of peoples' transactions.

Trump is reportedly poised to issue executive orders on his first day that could include creating a crypto council and ensuring that firms have access to banks, according to Reuters.

The Washington Post reported last week that Trump could also issue executive orders that encompass repealing the U.S. Securities and Exchange Commission's controversial crypto accounting guidance, SAB 121.

A potential crypto council could have anywhere between 10 to 100 members. Those members will presumably be crypto executives, but those decisions will be up to the firms to pick who will represent them in the council, said Ron Hammond, senior director of government relations at the Blockchain Association, in an interview with The Block last week.

Trump also plans to issue an executive order to set cryptocurrency as a national policy priority
, Bloomberg reported last week, citing sources familiar with the matter.

Days before his inauguration, Trump's team launched the TRUMP token on the Solana blockchain which reached a market cap of over $9 billion.

Trump has also previously thrown his support behind the debut of World Liberty Financial, a DeFi protocol that counts former that counts the President-elect as its "chief crypto advocate." That project was criticized by some crypto pundits who called it "a meme masquerading as a utility project."

@ Newshounds News™

Source:  The Block

~~~~~~~~~

OVER $200B WIPED FROM CRYPTO MARKETS AFTER TRUMP IGNORES CRYPTO IN CEREMONY SPEECH

The total crypto market cap dumped toward $3.6 trillion.

Donald Trump’s highly anticipated inauguration ceremony officially took place, and he is now the 47th US president.

Despite the numerous reports ahead of time about potentially including crypto in his speech, Trump failed to mention it even once, which triggered a massive crash for the entire market.

Just as the inauguration began, BTC’s price tumbled by over five grand, going from more than $107,000 to under $102,000 in minutes.

However, it managed to recover some ground and spiked to $105,000 during the speech. However, once that concluded and it became evident that Trump will not mention the digital asset industry at all, BTC and the rest of the market headed south immediately.

BTC’s nosedive took it south to $100,500 (for now)Many altcoins bled even more heavily, including Trump’s official meme coin. 

The recently launched asset is down by over 20% in the past hour alone and now struggles to remain above $40. Recall that it peaked above $70 earlier today but has faced a lot of competition and criticism following the launch of Melania Trump’s alternative.

Other massive losers include SPX, FARTCOIN, HBAR, WIF, LINK, AAVE, WLD, TIA, BONK, and more, as all of them have dropped by more than 6% in the last hour.

The total crypto market cap went from a daily high of over $3.850 trillion to $3.6 trillion during the crash.

The wrecked positions have shot up to nearly $200 million within that same timeframe. Almost 400,000 traders have been liquidated on a daily scale, according to data from CoinGlass.


@ Newshounds News™

Source:  Crypto Potato

~~~~~~~~~

US CBDC ‘IS DEAD’ UNDER TRUMP, BUT STABLECOINS COULD BE SET TO EXPLODE

President Donald Trump has promised to “never allow” a CBDC in the United States, but stablecoin adoption is well on its way.

Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished.

Trump has been a vocal opponent of CBDCs, promising on the campaign trail in New Hampshire in 2024 that he would “never allow the creation of a central bank digital currency,” as he claimed it would give the government “absolute control over your money.”

Trump made the promise early on in the campaign, back in January 2024, but there’s little to suggest that the president has changed his mind. Top picks for Trump’s Cabinet and prominent members of the Republican-controlled Congress have also vocally opposed a CBDC.

However, US lawmakers are still focused on proliferating digital currencies. In the absence of a digital dollar and with significant bipartisan support, stablecoin adoption could see significant growth under the incoming administration.

CBDCs are dead; long live the stablecoin

“CBDC in the US is dead under Trump,” Geoff Kendrick, global head of digital assets research at Standard Chartered, told Cointelegraph. “Instead, they’re going down the private stablecoin route, and the Fed has no control over that.”

Indeed, stablecoin legislation is already making its way through the system. In the 
House of RepresentativesRep. Patrick McHenry introduced the Clarity for Payment Stablecoins Act of 2023, while in the Senate, Wyoming Republican Senator Cynthia Lummis and New York Democratic Senator Kirsten Gillibrand submitted the Lummis-Gillibrand Payment Stablecoin Act.

These bills would provide regulatory guardrails that the industry has been saying it needs in order to succeed.

Some have suggested the industry could see new stablecoin regulations soon, as it would be a quick win for representatives on both sides of the aisle, who will need to defend their seats again in 2026.

Kendrick said, “I think, under Trump, you’ll get passage in the next few months of a stablecoin bill that creates regulation. You’ll then probably get more TradFi players issuing stablecoins in the US [...] and you’ll also get more surety behind the two largest stablecoins, Tether and USDC.”

The pivot to private stablecoins can be explained by two important factors: the clear privacy concerns surrounding CBDCs and the fact that central banks are having a hard time convincing the public of their benefits.

CBDCs raise concerns about privacy and government oversight

Reuters and The Washington Post have reported that the Trump administration is planning mass dismissals of federal employees, paving the way for them to be replaced by appointees loyal to the administration.

Administration spokesperson Brian Hughes told Reuters, “The Trump Administration will have a place for people serving in government who are committed to defending the rights of the American people, putting America first, and ensuring the best use of working men and women’s tax dollars.”

This rhetoric fits into the wider Republican skepticism of government involvement in the financial industry and the desire to deregulate that industry broadly. It comes as no surprise then that CBDCs, which are already a subject of public privacy concerns, should be a target.

John Kiff, a digital currency expert and former senior financial sector expert at the International Monetary Fund, told Cointelegraph that users “want cash-like anonymity and privacy, but central banks are reluctant to offer that as they bend the knee to financial integrity laws and regulations” like Anti-Money Laundering and Countering the Financing of Terrorism laws.

Kiff said, “Purported benefits are related to such things as increasing financial inclusion and reducing the costs to users and merchants of transactions.”

Trump himself suggested that, with a CBDC, the government “could take your money, and you wouldn’t even know it was gone.”
@ Newshounds News™

Read more:  CoinTelegraph   

~~~~~~~~~

LIVE: THE INAUGURATION OF DONALD J. TRUMP AS THE 47TH PRESIDENT OF THE UNITED STATES 1/20/25

If you missed the Inauguration Ceremony today, you can still watch it on the Rumble link here from Right Side Broadcasting Network.

@ Newshounds News™

Source:  Rumble

~~~~~~~~~

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More News, Rumors and Opinions Monday PM 1-20-2025

DJ:  DID YOU KNOW?

The feasibility of a Global Currency Reset (GCR) largely depends on whether systemic imbalances can be resolved without causing widespread disruption.

 For a GCR to be effective, it would require a redistribution of wealth, (They aren’t printing a mass amount of new currencies), something inherently challenging in the current geopolitical and economic climate.

Wealth redistribution on a global scale will face resistance from powerful stakeholders who benefit from the status quo, including nations and financial institutions that dominate the existing system.

DJ:  DID YOU KNOW?

The feasibility of a Global Currency Reset (GCR) largely depends on whether systemic imbalances can be resolved without causing widespread disruption.

 For a GCR to be effective, it would require a redistribution of wealth, (They aren’t printing a mass amount of new currencies), something inherently challenging in the current geopolitical and economic climate.

Wealth redistribution on a global scale will face resistance from powerful stakeholders who benefit from the status quo, including nations and financial institutions that dominate the existing system.

When you do a web search of the GCR economist dismiss it as a conspiracy theory. With the argument that it will not work or disrupt the current system globally. But their assessments are based on the current status quo .

Not looking at the prospect of a new financial system . If one were to just take the label of “GCR” off the explanation and look at the mechanisms currently manifesting, it’s the same thing as the GCR. They’re just not calling it that.

Mechanisms like central bank digital currencies (CBDCs), blockchain technology and decentralized finance (DeFi) and the integration of regional currencies, such as the African Continental Free Trade Area’s proposed monetary union or the strengthening of the BRICS nations’ economic alliances, mimic elements of a GCR.

Implementing these changes without causing economic shock-waves requires careful planning and international cooperation, a challenge given the competing interests of global powers. These incremental reforms, or adjustments to global institutions, are by definition the GCR; they’re just not calling it that.

Financial systems evolve incrementally, not through abrupt resets. Mechanisms like currency devaluations, debt restructuring, or monetary policy adjustments provide more measured and less disruptive ways to address global imbalances and have been practices commonly utilized by economies.

For a GCR to be feasible, it must run parallel with the existing system to ensure a seamless transition.Which if you look at it, has been going on for some time.

These dual systems have been operating with the traditional fiat system coexisting alongside new asset-backed or digital currencies. This phased approach mitigates shocks and allows markets, businesses, and individuals to adapt over time.

Historical precedents, such as the transition from gold to fiat currencies, demonstrate that parallel systems can ease the burden of systemic change.

Just because you don’t see the GCR flashing on a massive billboard doesn’t mean you should ignore the signs along the road.    DJ

https://dinarchronicles.com/2025/01/19/the-office-of-poofness-weekly-report-update-from-poof-and-dj-1-19-25/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man   Article:   "Iraq launches new banknotes with innovative security signs for the visually impaired It seems like it's new currency.  I don't have any currencies...that you can feel bumps... Quote: "The public will have enough time to adapt to these new bank notes...The Central Bank confirmed the new bank notes will be traded along with the old ones and there will be no intention to withdraw old bank notes from circulation."  Remember, they've already withdrawn a lot of notes out of the system...They were actually destroying...perfectly good money... [Post 1 of 2...stay tuned]

Militia Man  Quote: "The Central bank of Iraq reviewed the excellence enjoyed by Iraqi bank notes as they are one of the most complex security marks and were manufactured from the best types of paper used in printing bank notes to ensure quality and safety.They show older currency of course but they're not going to share with you the new currency because of counterfeiting...You ask yourself, well, they're going to be reproducing new 25k notes for 1310 as an exchange rate to the US dollarWhy are you doing that now?  You already have many security features, the 25k note is full of them...Do they really mean new notes?  I think they do.  [Post 2 of 2]

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

MARKETS A LOOK AHEAD: TO PROP UP THE STOCK MARKET (THEY MUST K!LL THE CURRENCY).

Greg Mannarino:  1-20-2025

https://www.youtube.com/watch?v=7ay4gtHGh3Y

China is Collapsing

Heresy Financial:  1-20-2025

TIMECODES

0:00 China’s Bond Yield Crash

1:03 PBoC Money Printing: Who’s Buying the Debt?

2:43 Why Printing & Borrowing Won’t Solve China’s Crisis

4:53 The Real Threat: China’s Demographic Meltdown

6:09 Global Fallout & Final Thoughts

https://www.youtube.com/watch?v=BvmwejTgcP4

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Debt, Deficits, and The Road to a New Monetary Order

Mel Mattison: Debt, Deficits, and The Road to a New Monetary Order

Palisades gold Radio:  1-20-2025

Tom welcomes back Mel Mattison to discuss the economic implications of the new administration under Trump's second term.

 He expresses skepticism towards government-released data such as CPI numbers and raises concerns about rising inflation and interest rates due to massive deficit spending and debt refinancing.

Mel Mattison: Debt, Deficits, and The Road to a New Monetary Order

Palisades gold Radio:  1-20-2025

Tom welcomes back Mel Mattison to discuss the economic implications of the new administration under Trump's second term.

 He expresses skepticism towards government-released data such as CPI numbers and raises concerns about rising inflation and interest rates due to massive deficit spending and debt refinancing.

Mel estimates approximately seven to eight trillion dollars will be issued this year for these purposes, with uncertainty surrounding who will buy all this debt. He suggests real inflation numbers may be higher than reported, potentially leading to significant increases in interest rates.

The U.S., with a debt-to-GDP ratio of 120%, faces a major concern regarding unsustainable levels of interest expenses.

Mel shares his concerns about the historical parallels between the current high debt-to-GDP ratio and that of the post-World War II era, when reductions in debt came from a combination of surprise inflation and interest rate manipulations.

The need for fiscal sustainability is discussed, with maintaining a 3% deficit to GDP ratio suggested.

However, achieving this through cuts alone is considered unrealistic due to the significant role government spending plays in the economy.

The possibility of a debt reset under new Treasury Secretary Scott Besson is explored, with the need for independence from China's supply chains and essential goods emphasized due to global security competition.

The potential for gold and Bitcoin as neutral reserve assets is proposed, along with revaluing gold certificates held by the Federal Reserve and a move towards these assets to lead to significant increases in value.

 Mel discusses Bitcoin potentially decoupling from risk assets like QQQ this year due to increasing institutional adoption.

Potential consequences of a global debt crisis include a revaluation of currencies through gold or Bitcoin, and economic wartime goals setting the stage for inflationary impulses to return.

The need for controlling interest rates and addressing inflation is emphasized, with potential consequences including debt repression, a gold certificate revaluation, and the promotion of stablecoins.

Mel predicts a significant crisis leading to market pullbacks and recoveries, while acknowledging the urgency to tackle deficit issues due to their increasing impact on tax receipts and interest expenses.

Time Stamp References:

0:00 - Introduction

0:44 - Economic Strength

6:20 - U.S. Debt Holders

11:33 - Debt & GDP Extremes

15:20 - DOGE Cuts & Deficits

21:18 - Debt Reset & BRICS

 28:08 - Gold Cert. Valuations

 31:43 - BTC & Gold Potential

35:53 - Global Debt & Reserves

 39:16 - Tariffs Purpose & Trump

42:50 - Inflation & Oil Trends

 46:56 - Trump Power Plays

51:34 - Equity Markets Outlook

56:35 - Jeffrey Gundlach

59:13 - 2025 Possibilities

1:01:23 - Wrap Up

https://www.youtube.com/watch?v=3JgjiQwis98

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Monday Afternoon 1-20-25

Good Afternoon Dinar Recaps,

INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH

During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.

Trump is also set to issue crypto-related executive orders.

Good Afternoon Dinar Recaps,

INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH

During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.

Trump is also set to issue crypto-related executive orders.

In his return to Washington D.C. on Monday, Donald Trump touted his support for innovation, though did not specifically mention crypto during his inauguration speech on Monday.

“There’s no nation like our nation,” Trump said. “Americans are explorers, builders, innovators, entrepreneurs and pioneers. The spirit of the frontier is written into our hearts."

However, Trump did not mention crypto in a document titled "President Trump's America First Prioritiesin an email sent out by the office of the press secretary. Punchbowl News earlier released the document.

During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.

Trump made several promises to the sector, including promising to commute Ross Ulbrucht's sentence, who is currently serving a life sentence without the possibility of parole for his role in creating and operating the dark web marketplace Silk Road, tied to bitcoin's early history.  

Trump also vowed to stop "Joe Biden's crusade to crush crypto" by ensuring the future of crypto will not be "driven overseas," supporting the right to self-custody and preventing the development of a central bank digital currency

Some Republican lawmakers have been staunchly opposed to a CBDC and say a CBDC could open the door to government surveillance of peoples' transactions.

Trump is reportedly poised to issue executive orders on his first day that could include creating a crypto council and ensuring that firms have access to banks, according to Reuters. The Washington Post reported last week that Trump could also issue executive orders that encompass repealing the U.S. Securities and Exchange Commission's controversial crypto accounting guidance, SAB 121.

A potential crypto council could have anywhere between 10 to 100 members. Those members will presumably be crypto executives, but those decisions will be up to the firms to pick who will represent them in the council, said Ron Hammond, senior director of government relations at the Blockchain Association, in an interview with The Block last week.

Trump also plans to issue an executive order to set cryptocurrency as a national policy priority
, Bloomberg reported last week, citing sources familiar with the matter.

Days before his inauguration, Trump's team launched the TRUMP token on the Solana blockchain which reached a market cap of over $9 billion. Trump has also previously thrown his support behind the debut of World Liberty Financial, a DeFi protocol that counts former that counts the President-elect as its "chief crypto advocate." That project was criticized by some crypto pundits who called it "a meme masquerading as a utility project."

@ Newshounds News™

Source:  The Block

~~~~~~~~~

OVER $200B WIPED FROM CRYPTO MARKETS AFTER TRUMP IGNORES CRYPTO IN CEREMONY SPEECH

The total crypto market cap dumped toward $3.6 trillion.

Donald Trump’s highly anticipated inauguration ceremony officially took place, and he is now the 47th US president.

Despite the numerous reports ahead of time about potentially including crypto in his speech, Trump failed to mention it even once, which triggered a massive crash for the entire market.

Just as the inauguration began, BTC’s price tumbled by over five grand, going from more than $107,000 to under $102,000 in minutes.

However, it managed to recover some ground and spiked to $105,000 during the speech. However, once that concluded and it became evident that Trump will not mention the digital asset industry at all, BTC and the rest of the market headed south immediately.

BTC’s nosedive took it south to $100,500 (for now)Many altcoins bled even more heavily, including Trump’s official meme coin. The recently launched asset is down by over 20% in the past hour alone and now struggles to remain above $40. Recall that it peaked above $70 earlier today but has faced a lot of competition and criticism following the launch of Melania Trump’s alternative.

Other massive losers include SPX, FARTCOIN, HBAR, WIF, LINK, AAVE, WLD, TIA, BONK, and more, as all of them have dropped by more than 6% in the last hour.

The total crypto market cap went from a daily high of over $3.850 trillion to $3.6 trillion during the crash.

The wrecked positions have shot up to nearly $200 million within that same timeframe. Almost 400,000 traders have been liquidated on a daily scale, according to data from CoinGlass.


@ Newshounds News™

Source:  Crypto Potato

~~~~~~~~~

US CBDC ‘IS DEAD’ UNDER TRUMP, BUT STABLECOINS COULD BE SET TO EXPLODE

President Donald Trump has promised to “never allow” a CBDC in the United States, but stablecoin adoption is well on its way.

Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished.

Trump has been a vocal opponent of CBDCs, promising on the campaign trail in New Hampshire in 2024 that he would “never allow the creation of a central bank digital currency,” as he claimed it would give the government “absolute control over your money.”

Trump made the promise early on in the campaign, back in January 2024, but there’s little to suggest that the president has changed his mind. Top picks for Trump’s Cabinet and prominent members of the Republican-controlled Congress have also vocally opposed a CBDC.

However, US lawmakers are still focused on proliferating digital currencies. In the absence of a digital dollar and with significant bipartisan support, stablecoin adoption could see significant growth under the incoming administration.

CBDCs are dead; long live the stablecoin

“CBDC in the US is dead under Trump,” Geoff Kendrick, global head of digital assets research at Standard Chartered, told Cointelegraph. “Instead, they’re going down the private stablecoin route, and the Fed has no control over that.”

Indeed, stablecoin legislation is already making its way through the system. In the 
House of RepresentativesRep. Patrick McHenry introduced the Clarity for Payment Stablecoins Act of 2023, while in the Senate, Wyoming Republican Senator Cynthia Lummis and New York Democratic Senator Kirsten Gillibrand submitted the Lummis-Gillibrand Payment Stablecoin Act.

These bills would provide regulatory guardrails that the industry has been saying it needs in order to succeed.

Some have suggested the industry could see new stablecoin regulations soon, as it would be a quick win for representatives on both sides of the aisle, who will need to defend their seats again in 2026.

Kendrick said, “I think, under Trump, you’ll get passage in the next few months of a stablecoin bill that creates regulation. You’ll then probably get more TradFi players issuing stablecoins in the US [...] and you’ll also get more surety behind the two largest stablecoins, Tether and USDC.”

The pivot to private stablecoins can be explained by two important factors: the clear privacy concerns surrounding CBDCs and the fact that central banks are having a hard time convincing the public of their benefits.

CBDCs raise concerns about privacy and government oversight

Reuters and The Washington Post have reported that the Trump administration is planning mass dismissals of federal employees, paving the way for them to be replaced by appointees loyal to the administration.

Administration spokesperson Brian Hughes told Reuters, “The Trump Administration will have a place for people serving in government who are committed to defending the rights of the American people, putting America first, and ensuring the best use of working men and women’s tax dollars.”

This rhetoric fits into the wider Republican skepticism of government involvement in the financial industry and the desire to deregulate that industry broadly. It comes as no surprise then that CBDCs, which are already a subject of public privacy concerns, should be a target.

John Kiff, a digital currency expert and former senior financial sector expert at the International Monetary Fund, told Cointelegraph that users “want cash-like anonymity and privacy, but central banks are reluctant to offer that as they bend the knee to financial integrity laws and regulations” like Anti-Money Laundering and Countering the Financing of Terrorism laws.

Kiff said, “Purported benefits are related to such things as increasing financial inclusion and reducing the costs to users and merchants of transactions.”

Trump himself suggested that, with a CBDC, the government “could take your money, and you wouldn’t even know it was gone.”

@ Newshounds News™

Read more:  CoinTelegraph   

~~~~~~~~~

LIVE: THE INAUGURATION OF DONALD J. TRUMP AS THE 47TH PRESIDENT OF THE UNITED STATES 1/20/25

If you missed the Inauguration Ceremony today, you can still watch it on the Rumble link here from Right Side Broadcasting Network.

@ Newshounds News™

Source:  Rumble

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

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Barreling Towards an Economic Crisis at Year-End Unless this Happens

Barreling Towards an Economic Crisis at Year-End Unless this Happens

David Lin:  1-19-2025

The global economic landscape is looking increasingly precarious, with renowned economist Steve Hanke, Professor of Applied Economics at Johns Hopkins University, raising alarm bells about a potential crisis brewing before year-end.

In a recent interview with David Lin, Hanke painted a stark picture, suggesting that without significant corrective action, the world economy could be headed for turbulent times.

Barreling Towards an Economic Crisis at Year-End Unless this Happens

David Lin:  1-19-2025

The global economic landscape is looking increasingly precarious, with renowned economist Steve Hanke, Professor of Applied Economics at Johns Hopkins University, raising alarm bells about a potential crisis brewing before year-end.

In a recent interview with David Lin, Hanke painted a stark picture, suggesting that without significant corrective action, the world economy could be headed for turbulent times.

Hanke’s analysis focuses on the shifts in economic policy and conditions since Donald Trump’s inauguration, citing several factors contributing to the current instability. While he didn’t detail specific policy failures in the provided information, the framing of the interview heavily implies a correlation between post-Trump economic developments and the current vulnerability.

While the specifics of what “must happen” to avoid the crisis were not detailed in the information provided, Hanke’s reputation as a leading economic thinker lends significant weight to his warnings.

His implication that an economic crisis is a real possibility unless action is taken should be a wake-up call for policymakers and the general public alike.

The interview leaves many questions unanswered, but the core message is clear: the clock is ticking, and unless a decisive shift in [again, areas like economic policy & regulations] occurs, we may be facing a very difficult year-end. The world will be watching anxiously for how governments and institutions respond to these stark warnings from a respected voice in the economic field.

https://youtu.be/FxuWGw5R_A8

 

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News, Rumors and Opinions Monday 1-20-2025

Note: Just because there is a “Big Name” attached to intel- does not mean that is really the real person- There is a lot of “fake” information everywhere…..Use discernment and consider everything a rumor until we are actually at the banks.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 20 Jan. 2025

Compiled Mon. 20 Jan. 2025 12:01 am EST by Judy Byington

Sun. 19 Jan. 2025 BOOM! The RV and Military Operations: A Historic Treaty Signed by 209 Countries! Trust the Plan! …Steve Bannon on Telegram

A revolutionary treaty signed by 209 countries aims to redefine global currencies, ensure economic equality, and foster unprecedented prosperity worldwide.

Note: Just because there is a “Big Name” attached to intel- does not mean that is really the real person- There is a lot of “fake” information everywhere…..Use discernment and consider everything a rumor until we are actually at the banks.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 20 Jan. 2025

Compiled Mon. 20 Jan. 2025 12:01 am EST by Judy Byington

Sun. 19 Jan. 2025 BOOM! The RV and Military Operations: A Historic Treaty Signed by 209 Countries! Trust the Plan! …Steve Bannon on Telegram

A revolutionary treaty signed by 209 countries aims to redefine global currencies, ensure economic equality, and foster unprecedented prosperity worldwide. This bold move is transforming financial systems, releasing prosperity funds, and igniting humanitarian projects that promise to uplift lives across the globe.

A Financial Revolution Like No Other: The global financial system has long favored a few powerful nations, leaving others in economic instability. This treaty changes everything. By revaluing currencies like the Iraqi Dinar, Vietnamese Dong, and Zimbabwean ZIM, the playing field is being leveled for all nations. This is more than financial reform—it’s a declaration of fairness, equality, and hope.

The Prosperity Fund: At the heart of this initiative is the Prosperity Fund, a massive pool aimed at empowering “We The People.” It will fund humanitarian projects, wealth redistribution, and community reconstruction, addressing critical issues like poverty, education, and access to clean water. This is about transforming lives and ensuring everyone benefits from this new era.

Key Currency Revaluations

Iraqi Dinar: Long undervalued, now poised to unlock Iraq’s economic potential.
Vietnamese Dong: Reflecting Vietnam’s growth, the Dong will match the strength of the US Dollar.
Zimbabwean ZIM: Ending years of hyperinflation, the ZIM’s revaluation is a turning point for Zimbabwe.

The Stellar Network: Banking for All: Millions of people have been excluded from banking systems—until now. The Stellar Network is bringing secure, accessible financial services to the unbanked, empowering them to take control of their futures. This isn’t just about money; it’s about inclusion and opportunity for all humanity.

Military Operations Behind the Scenes: A coordinated military operation is ensuring the revaluation process (RV) proceeds smoothly. From securing currency transportation to preventing fraud, their oversight guarantees a stable and seamless transition. This is a testament to meticulous planning, international collaboration, and unwavering commitment to economic stability.

A New Dawn of Equality and Prosperity: This treaty is more than a financial shift—it’s a revolution that will change lives forever. The world is on the brink of a brighter future, where fairness and opportunity replace greed and inequality.

~~~~~~~~~~

Global Currency Reset:

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

Wed. 15 Jan. 2025 Wolverine: Ok guys it’s definitely coming as things are in motion. Please make sure you have everything ready when we receive the green light. Remember for the Tier 4B group things won’t start 2 or 3hrs after the inauguration on Mon. 20 Jan.

Wed. 15 Jan. 2025 Nate: Expect the Iraqi Dinar Rate to change Jan. 20-22: https://x.com/realNateCarter/status/1879328680331313318?t=0OaJN2HGGpPKZd3lmWEbBQ&s=09

Sat. morning 18 Jan. 2025 CMKX Holders expecting notification within 72 hours

Tues. 21 Jan. 2025 US reaches it’s debt limit, Trump has to do something to fund the government.

Thurs. 16 Jan. 2025 MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

Thurs. 16 Jan. 2025 Bruce: The Green Light has been given. The RV is supposed to be released overnight tonight to Bond Holders. Today the Iraqi Dinar was (allegedly) on the Forex and trading upward. Tier4b (us, the Internet Group) should be notified to set appointments before Mon. 20 Jan. and can ask for the higher Dinar Contract Rate which appears to be based on the price of oil. Banks have (allegedly) had the new US Note in stock for over a year and a half and will be releasing it..

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram

Sat. 25 Jan. 2025 Jon Dowling: On Monday it gets lit! XRP may go between $10-100 by Monday, based on an (allegedly) executive order by President Trump. This(allegedly)  includes an EO for the Dinar! Monday changes the game for everything! They will (allegedly) implement Nesara, with half of the government trying to resist Trumps incoming. And a full audit of the Fed will occur so that the country and the world can see that the emperor truly has no clothes!

Read full post here:  https://dinarchronicles.com/2025/01/20/restored-republic-via-a-gcr-update-as-of-january-20-2025/

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

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man   I personally believe parliament doesn't have any control over the exchange rate of the Iraqi currency.  They do need to be a little bit on board.  I think Al Sudani is giving olive branches to these people especially those that seem to be bucking the system and trying to create constant problems...

Mnt Goat  ...economic expert Nabil Jabbar Al-Tamimi is saying they are ready for FOREX after implementing all these banking and financial reforms. The White Paper reforms have been successful. It is time to move to the next stage which is…...?  Well folks financial and banking researcher Mustafa Hantoush just pointed out to us what the next stage should be. Yes, I mean FOREX!  I do not see the Trump era administration not seeing the necessity for going to FOREX with all the progress of the reforms to move to the next stage. I am sure the US Treasury will agree. ...I am told by [my] CBI contact...that they...are giving Iraq a “thumbs up” to move ahead.

**********

Silver Prices Ready to EXPLODE!  Are Central Banks on the Verge of COLLAPSE?

Lynette Zang:  1-19-2025

https://www.youtube.com/watch?v=1AEyYr6OtCY

 

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Iraq Economic News and Points to Ponder Monday AM 1-20-25

Iraq Launches New Banknotes With Innovative Security Markings For The Visually Impaired

Economy breaking  2025-01-19 01:54   Shafaq News/ The Central Bank of Iraq unveiled the security marks for banknotes in circulation, with the aim of educating the public, as well as the companies and commercial banks that deal with these notes on a daily basis.

The Central Bank reviewed these improved security signs, through a technical bulletin, received by Shafaq News Agency, noting the introduction of prominent signs on the new banknotes to enable the visually impaired to recognize the denominations of bills by touch.

In the context of awareness, the bank indicated that the public will have sufficient time to adapt to the new banknotes, stressing the importance of sharing this information with those around them.

Iraq Launches New Banknotes With Innovative Security Markings For The Visually Impaired

Economy breaking  2025-01-19 01:54   Shafaq News/ The Central Bank of Iraq unveiled the security marks for banknotes in circulation, with the aim of educating the public, as well as the companies and commercial banks that deal with these notes on a daily basis.

The Central Bank reviewed these improved security signs, through a technical bulletin, received by Shafaq News Agency, noting the introduction of prominent signs on the new banknotes to enable the visually impaired to recognize the denominations of bills by touch.

In the context of awareness, the bank indicated that the public will have sufficient time to adapt to the new banknotes, stressing the importance of sharing this information with those around them.

The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.

The bank explained that its main objectives are to maintain the stability of local prices and ensure a financial system based on a stable competitive market. It also aims to promote sustainable growth, job opportunities, and prosperity in Iraq.

The Central Bank of Iraq reviewed the excellence of Iraqi banknotes, as they are among the most complex security marks, and were manufactured from the best types of paper used in printing banknotes to ensure quality and security.

The bank stressed that any attempt to manufacture, possess, or pass counterfeit banknotes is considered a criminal act and is severely punished by law, calling for any counterfeit banknotes to be handed over to the police and the Central Bank of Iraq.

The headquarters of the Central Bank of Iraq is located in the center of the capital, Baghdad, and it has three branches in the cities of Basra, Mosul, and Erbil within the Kurdistan Region.

https://media.shafaq.com/media/arcella_files/1737284012913_دليل الاوراق النقدية.pdf
   
   
https://shafaq.com/ar/اقتصـاد/العراق-يطرح-وراقا-نقدية-جديدة-بعلامات-منية-مبتكرة-لضعاف-البصر-صور    
   
~~~~~~~~~~


Read Below To See Affected Denominations And Security Features Explanations.

https://shafaq.com/ar/اقتصـاد/العراق-يطرح-وراقا-نقدية-جديدة-بعلامات-منية-مبتكرة-لضعاف-البصر-صور   

https://media.shafaq.com/media/arcella_files/1737284012913_دليل الاوراق النقدية.pdf

Shafaq News/ The Central Bank of Iraq has unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis.

The Central Bank reviewed these improved security features, through a technical bulletin, which was received by Shafak News Agency, indicating the introduction of prominent features on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.

In the context of awareness, the bank indicated that the public will have enough time to adapt to the new banknotes, stressing the importance of sharing this information with those around them.

The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.

The bank explained that its main objectives are to maintain the stability of domestic prices and ensure a financial system based on a stable competitive market, and it also aims to promote sustainable growth, job opportunities, and prosperity in Iraq.

The Central Bank of Iraq reviewed the distinction of Iraqi banknotes, which are among the most complex security features, and are manufactured from the best types of paper used in printing banknotes to ensure quality and security.

The bank stressed that any attempt to manufacture, possess or pass counterfeit banknotes is a criminal act punishable by law, calling for any counterfeit banknotes to be handed over to the police and the Central Bank of Iraq.

The headquarters of the Central Bank of Iraq is located in the center of the capital, Baghdad, and it has three branches in the cities of Basra, Mosul, and Erbil within the Kurdistan Region

LINK

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

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Seeds of Wisdom RV and Economic Updates Monday Morning 1-20-25

Good Morning Dinar Recaps,

INVESTOR CHRIS BURNISKE SEES CRYPTO ENTERING ‘GOLDILOCKS PERIOD’ AMID SUPPORT FROM INCOMING US ADMINISTRATION

Venture capitalist Chris Burniske believes crypto is about to enter uncharted territory as the United States welcomes a second Donald Trump presidency.

Good Morning Dinar Recaps,

INVESTOR CHRIS BURNISKE SEES CRYPTO ENTERING ‘GOLDILOCKS PERIOD’ AMID SUPPORT FROM INCOMING US ADMINISTRATION

Venture capitalist Chris Burniske believes crypto is about to enter uncharted territory as the United States welcomes a second Donald Trump presidency.

Burniske tells his 317,600 followers on the social media platform X that he thinks Bitcoin’s (BTC) four-year cycle may witness an abrupt end with the installment of a pro-crypto US government.

BTC’s four-year cycle is based on halving events when Bitcoin miner rewards are slashed in half every four yearsIn the past, halvings have correlated with parabolic rallies for Bitcoin as the reduction in new BTC emissions created an imbalance between supply and demand.

Says Burniske,

“Continue to believe there are high odds we break the simplistic four-year cycle that BTC has honored the last ~12 years…

With a supportive US administration, crypto could be entering a Goldilocks period over the next many years, where returns aren’t as parabolic, but instead we see steadier growth, not to mention majors stop suffering 85-95% drawdowns.”


In investing, a Goldilocks scenario is when an asset class sees moderate and sustainable growth over a long period of time.

Burniske also predicts market meltdowns that crypto investors have been accustomed to will likely be in the rearview mirror once digital assets enter Goldilocks territory. He believes that exchange-traded funds (ETFs) will support the steady rise of crypto assets while minimizing market drawdowns.

“On drawdowns: I’m not saying they’ll stop, I’m saying it’s possible they get less extreme for the majors, which could whiplash people who overtrade with too much aggression…

I also think BTC and ETH both having ETFs, and perhaps SOL+ soon, will provide more consistent buying pressure for these assets.”


While the investor believes in steady growth for large-cap coins, he notes that digital assets could still witness gut-wrenching corrections but they likely won’t be as severe as the ones seen in the past.

“If you ever want to see the percentage drawdown BTC could be exposed to, look at the 200-week SMA (simple moving average), which has been our most reliable technical support each bearish period. Right now at ~$40,000 that suggests a 60% drawdown is possible, which is a far cry from 80%+ (has to drop another 50% from 60% down, to hit 80% down). As BTC rises, so too will the 200-week SMA.”

Burniske concludes by saying that 2025 will likely be a “great year” for crypto investors.

@ Newshounds News™

Source:  DailyHodl

~~~~~~~~~

GOLD PRICES COULD HIT $3,000 IF TRUMP PUTS HIS THREATS TO WORK

Donald Trump took oath as the 47th President of the United States on Monday and will govern the nation for four years. Investors closely watch his statements, threats, and proposals on the U.S. economy and monetary policies. Gold prices hovered around the $2,707 mark when Trump took oath and surged nearly 5 points in the indices.

The precious metal remains on the greener side of the spectrum and is looking to gain another leg-up. Traders are hopeful that Trump’s upcoming trade wars could benefit gold prices, as institutions could park their funds to hedge the markets.

Trump’s Trade Tariffs Could Make Gold Reach $3,000

A leading commodity investor told Kitco News that gold prices could reach $3,000 if Trump sticks to his tariff threatsThe markets could react strongly if the tariffs are imposed, as they could cause a trade imbalance between the U.S. and other countries.

Jesse Colombo, an independent precious metals analyst and founder of the BubbleBubble Report said that the short-term target for gold prices remains at $2,800. If Trump heats the import and export sector, gold’s price target remains a solid $3,000. He wrote that it could breach the mark during the second half of 2025.

“For the past two months, gold has been taking a breather, but now the market has a lot of pent-up energy. I’m excited about gold’s potential,” he said. The analyst explained that if Trump’s tariffs take place, consumers around the world will have to shell out more money for daily essentials.

“Gold’s significant resistance level remains $3,000 an ounce,“ he said, adding that a price rise ignited by Trump could lead to stagnation in the global markets. Therefore, investors need to closely watch Trump’s policies and invest widely based on the market trends. The XAU/USD could continue its rally in 2025 and remain in demand throughout the year.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

WHAT IS DEFAI? A BEGINNER'S GUIDE

Defai is a convergence of artificial intelligence and decentralized finance, poised to simplify on-chain tasks and unlock new opportunities.

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this timely article, Blocmate’s Gaz explains this important emerging sector of AI x crypto. If you aren’t familiar with defai, or you don’t know exactly what it means, this article is for you.

Welcome to the Intersection of AI and Defi

AI agents are, at present, the only meta that seems to matter. They’ve been breathing fresh degeneracy into the crypto markets like nothing we have seen until this point in the cycle and stealing insane amounts of mindshare in the process.

Meanwhile, the fools who faded are forced to FUD away from the sidelines while the rest of us sift through the trenches to try and catch the next 100x mooner.

The open-sourced nature of this narrative means that things are moving at a pace that no single humanoid can possibly keep up withThis further proves the utility of these ever-awake, ever-watching robots — who are already outcompeting us mortals in every aspect of the crypto game.

It seems like very soon we simple homo sapiens will be forced into capitulation by our new AI overlords as we watch ourselves be replaced in pretty much every facet of life.

It is, however, not all bad news. At least not for us degens.

Within this agent meta will spring forth many sub-metas that we can attempt to gamble our way to freedom before the inevitable replacement occurs.

@ Newshounds News™

Read more:   
Bitcoin News

~~~~~~~~~

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“Tidbits From TNT” Monday Morning 1-20-2025

TNT:

Tishwash:  The President of the Republic heads the participants.. Davos Forum Investment Dialogue and Confidence Building

The World Economic Forum in the Swiss resort of Davos, today, Monday, brings together major global leaders in the fields of economy, technology, politics and society, under the slogan “Cooperation for the Smart Age ”, and continues until January 24, to discuss current economic, technological and environmental issues and ways to find solutions for them.

3,000 prominent figures from more than 130 countries are participating, including many heads of state and government, including the President of the Republic of Iraq, Abdul Latif Jamal Rashid.

TNT:

Tishwash:  The President of the Republic heads the participants.. Davos Forum Investment Dialogue and Confidence Building

The World Economic Forum in the Swiss resort of Davos, today, Monday, brings together major global leaders in the fields of economy, technology, politics and society, under the slogan “Cooperation for the Smart Age ”, and continues until January 24, to discuss current economic, technological and environmental issues and ways to find solutions for them.

3,000 prominent figures from more than 130 countries are participating, including many heads of state and government, including the President of the Republic of Iraq, Abdul Latif Jamal Rashid.

There will be strong representation from around the world, across sectors and geographies, to drive dialogue, build trust and catalyze sustainable solutions to common challenges.

The forum will witness the participation of more than 1,600 business leaders, including more than 900 senior CEOs and chairmen of the boards of directors of member companies and partners of the forum, in addition to more than 120 global innovators, technology pioneers and start-ups.

The Davos Forum focuses on five main areas: reimagining growth, industries in the smart age, investing in people, protecting the planet, and rebuilding trust. link

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Tishwash:  Prime Minister's Advisor: Electronic customs declaration prevents smuggling and limits corruption and bribery

 The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh, confirmed today, Sunday, that the electronic customs declaration program prevents smuggling and limits corruption and bribery. While he explained that it facilitates accurate and rapid oversight and review, he pointed out that it reduces costs for importers.

Saleh said in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News", that "the program for developing the electronic customs declaration and its entry into force is an important and positive step towards improving customs performance in particular and enhancing the efficiency of the Iraqi economy in general."

He added that "the adoption of this electronic program for customs declaration represents an important part of the reform efforts branching out from the government program in the field of e-governance and financial and economic reform, which aims to modernize administrative and financial systems, combat corruption, and raise the efficiency of Iraq's foreign trade,"

Noting that "this electronic system provides two important details in customs life in the development of customs policy applications in Iraq, as it is one of the important arms of financial policy in our country, which are: First, reducing human intervention in customs clearance operations, which reduces the opportunities for corruption and bribery."

He continued: “The second provides clear tracking of transactions, which facilitates effective, accurate and rapid customs control and review,” indicating that “the electronic customs declaration program will undoubtedly reduce the time required to complete customs declarations, in a way that supports the movement of trade and reduces the costs that fall on traders and importers. This change in the pattern of customs declarations encourages companies to import and export goods with ease and high speed.”

He explained, "As for customs revenues, the program will contribute to providing accuracy in collecting customs duties in a way that prevents customs evasion, as taxes are a form of important public revenues that the government program seeks to raise within non-oil revenues, in addition to reducing losses resulting from corruption or negligence in collecting related customs duties and taxes, as was previously followed, using manual methods and human intervention."

He pointed out that "the business environment in the national economy gives an advanced signal to investors and traders, and its precise operations should be positively reflected in the reports of multilateral international organizations within the framework of the progress of the business environment in our country, including the World Bank's periodic reports in this regard  link

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Tishwash:  Al-Nusairi: Banks are the lever of sustainable development

Economic and banking advisor Samir Al-Nusairi confirmed, on Sunday, the completion of the Central Bank’s procedures for implementing the goals and initiatives of its third strategy 2024-2026, which is concerned with developing and restructuring the banking sector in accordance with what the consulting and auditing companies that are currently cooperating with the Central Bank and with the government in this field have reached, and that it should not be limited to support, but rather go beyond that to include the banking sector in making economic, financial, banking and investment decisions.

Al-Nusairi spoke about the challenges of the Iraqi economy and the opportunities for reform of the banking sector in the government’s program and the prospects of the Central Bank’s future vision for the role of the banking sector in sustainable development.

In light of the efforts currently being made to activate and revolutionize the productive economic sectors other than oil to diversify sources of national income and achieve financial sustainability, and the role of the Central Bank in regulating foreign trade financing and completing infrastructure projects to achieve comprehensive digital transformation and expand the use of electronic payment tools in achieving financial inclusion.

He explained that the opportunities for reforming and developing the banking sector in 2025 are as follows:

1- Developing the Iraqi banking system and its compliance with international banking and accounting standards.

2- Enhancing citizens’ confidence in the banking sector locally and internationally recognizing its transparency, progress, and strict commitment to international standards and obtaining the confidence of solid correspondent banks to deal with it.

3- Converting banks to their primary function, which is financing and bank lending for development.

4- Banks that do not provide loans and banking facilities that help in development as a lever for sustainable development lose their meaning as banks, which requires a specific position towards them from the Central Bank in 2025.

5- Seeking to move from a cash economy to a digital economy and withdrawing money outside the banking cycle and introducing it into the banking system.

He pointed out that all the above goals, although the period specified for their implementation according to the timetable of the government program and the strategy of the Central Bank ranges between (1-4 years), what was achieved in 2023 and 2024 constitutes about 60% as announced, which led to the evaluation and classification of banks based on their achievement of the planned goals. There are banks that are moving towards the required development and banks that still need an additional period of time to achieve the goals, and there are troubled banks that are now making exceptional efforts from the Central Bank and the administrations of these banks to rehabilitate them.

He added that what concerns us here is the real functional role of banks in providing loans and banking facilities and moving from a banking role to a developmental role. There are two important observations that must be taken into consideration regarding the issue of providing loans and banking facilities to stimulate the economy and development. The first: The nature of banks’ activities depends on the nature of the activities of the economic sectors, and as long as economic activity is focused on trade (imports), banks’ activity remains focused on external transfers and what is related to that, so unless other sectors move (industry, agriculture, tourism, etc.).

It is worth noting that without controlling imports, these sectors will not develop. Second: It is necessary to provide the legal environment and extend the authority of the law in order to control the speculation market in the US dollar on the black market and to eliminate the phenomenon of illegal trade through unofficial outlets.  link

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Mot:  the List Grows as Ya Season - it Does!!! 

Mot: . UH OH !!!!!! 

 

 

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 1-19-25

Good Afternoon Dinar Recaps,

INSIDE TRUMP’S CRYPTO VISION: NATIONAL BITCOIN RESERVE AND EXECUTIVE ORDER IN THE WORKS

President-elect Donald Trump is considering issuing an executive order that makes cryptocurrency a national priority.

President-elect Donald Trump is considering issuing an executive order that makes cryptocurrency a national priority in his return to the White House, Bloomberg said Thursday, noting sources with insights into the plans.

Good Afternoon Dinar Recaps,

INSIDE TRUMP’S CRYPTO VISION: NATIONAL BITCOIN RESERVE AND EXECUTIVE ORDER IN THE WORKS

President-elect Donald Trump is considering issuing an executive order that makes cryptocurrency a national priority.

President-elect Donald Trump is considering issuing an executive order that makes cryptocurrency a national priority in his return to the White House, Bloomberg said Thursday, noting sources with insights into the plans.

The planned designation would encourage federal agencies to engage with the cryptocurrency industry, which has grown as one of major issues over the latest presidential cycle.

One of the most noteworthy points reportedly under discussion is the review of digital asset policies and potentially suspension of legal actions 
targeting high-profile companies like Coinbase and Ripple.

Trump is Here…

Under the current administration, the Securities and Exchange Commission (SEC), a key regulatory body for the crypto industry, has initiated over 100 enforcement actions against digital asset firms in the US.

These actions come despite ambiguous regulatory frameworks, prompting several companies to exit the market. The industry sees halting these legal actions as a top priority, as ongoing litigation has caused uncertainty and challenges for those operating in the crypto space.

According to a recent report from Reuters, the SEC is likely to review and possibly freeze litigation involving crypto firms that does not include fraud allegations following Trump’s inauguration.

The change, which may come with the expected leadership overhaul at the SEC, potentially affects existing securities law violation cases against crypto companies.

The executive order will also likely order the establishment of a crypto advisory council, a Trump-proposed body dedicated to advising the administration on crypto-related policy matters. The council is aimed at giving industry insiders a platform to voice their concerns, priorities, and recommendations directly to policymakers.

Trump’s team has been in discussions with crypto executives to shape these policies. David Sacks, appointed as Trump’s AI and crypto czar, has reportedly been working closely with industry leaders to develop a legislative agenda for the industry.

Nation Bitcoin Reserve Proposal under Consideration

One of the most anticipated proposals under discussion is the establishment of a US Bitcoin reserve, which may be included in the executive order on day one. Trump has pledged to create a national Bitcoin stockpile if elected.

While it’s still unclear how a Bitcoin reserve under Trump would look like, experts caution that implementing it through an executive order does not assure its lasting existence.

According to the New York Digital Investment Group (NYDIG), a Bitcoin reserve established through legislative action, like the BITCOIN Act, would have a better chance of enduring beyond any single administration, though the process to make it law could be lengthy.

The US government currently holds 198,109 BTC seized from the notorious Silk Road crackdownAt a current price of $101,000, the Bitcoin stash is worth over $20 billion. If Trump proceeds with the Bitcoin reserve plan, the Bitcoin holdings would be added to the strategic asset for the nation.

Advocates believe that establishing a Bitcoin reserve could alleviate national debt and enhance America’s economic position if cryptocurrencies gain global prominence.

Altcoin Reserve Speculation

The New York Post reported Thursday that there may be more than just a Bitcoin national stockpile.

Trump has held several meetings with industry leaders and project founders since his election victory. The President-elect is reported to have been “receptive” to the concept of making a strategic reserve that incorporates the U.S.-originated altcoins like Solana (SOL), Ripple (XRP), and USD Coin (USDC).

Companies behind these projects have yet to comment on this matter, but crypto figures and community members see the altcoin reserve as a step back. David Bailey, BTC Inc CEO, outright rejects the idea as “fake news” and labels XRP “Kamala coin.”

Almeida, co-founder of Orquestraexpresses strong disappointmentsuggesting that the move would severely damage the credibility of whoever made the decision, while Mike Dudas, The Block’s co-founder, says the idea is incredibly foolish and disastrous.

@ Newshounds News™

Source:  Blockonomi

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CRYPTO.COM EXCHANGE SECURES ‘IN-PRINCIPLE’ MICA LICENSE, PAVING THE WAY FOR FULL EUROPEAN UNION APPROVAL

The Singapore-based exchange Crypto.com has secured an “in-principle” license to operate under the European Union’s new digital asset regulatory framework.

Crypto.com bills itself as the “first major global crypto asset service provider” to receive a Markets in Crypto Assets (MiCA) approval.

MiCA is new EU legislation that establishes rules covering the supervision, consumer protection and environmental safeguards of crypto assets.

The regulatory framework, which took effect in December, includes measures that aim to reduce financial crimes including market manipulation, money laundering and terrorist financing. It also places stablecoin issuers under the European Banking Authority and requires them to hold sufficient liquid reserves.

The in-principle license paves the way for full regulatory approval, which would enable Crypto.com to provide a full range of digital asset services across the EU.

Eric Anziani, the exchange’s president and chief operating officersays the EU is “a growing and vital hub for crypto investment.”

“We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more streamlined sentiment towards the regulation of our industry across the EU, all of which adds to the building confidence in the crypto sector.”

The exchange also continues to expand its services in North America: Last month, Crypto.com announced plans to offer custody services for high-net-worth individuals and institutions in the US and Canada.

@ Newshounds News™

Source:  DailyHodl

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XRP LAWSUIT NEWS: RIPPLE’S FIGHT WITH SEC FACES NEW TWIST AS TRUMP PROMOTES MEME COIN

As President-elect Donald Trump prepares to take office on Monday as the 47th president of the United States, he has made a surprising move by launching his own cryptocurrency, the $TRUMP coin.

Despite his previous hesitations about cryptocurrency, Trump had expressed his belief that America would become “the crypto capital of the planet” once he returned to Washington.

The timing of the launch has raised some eyebrows. Critics have accused Trump of capitalizing on his imminent presidency to profit from the popularity of cryptocurrencies, particularly meme coins.

However, some experts are focusing on how this move could have an impact on ongoing legal battles in the crypto space, particularly the high-profile lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).

Ripple Lawsuit: Could Trump’s $TRUMP Coin Affect the Case?

Attorney Bill Morgan recently discussed the implications of Trump’s actions on the Ripple lawsuitMorgan pointed out that the appeal of Judge Torres’ finding against Ripple’s fair notice defense is now looking more promising.

For context, the SEC has been pursuing legal action against Ripple, claiming that the company’s sale of XRP violated securities laws. However, Ripple argues that it had no clear notice that its sales of XRP were subject to SEC registration requirements.

Morgan drew attention to Trump’s stance on the issue of cryptocurrencies and investment contracts. While Trump has issued and promoted the $TRUMP meme coin, he does not believe that such tokens should be classified as investment contracts that require SEC registration.

This is a key issue in the Ripple lawsuit, where the SEC argues that XRP should be treated as a security, while Ripple maintains that it is a digital asset.

Given that Trump has issued a speculative meme coin without adhering to the traditional regulatory frameworks that the SEC enforces on other tokens, Morgan questioned how the SEC v. Ripple case could continue under these circumstances. He said that Ripple’s sales of XRP, like the promotion of $TRUMP, did not involve any post-sale obligations, which is a point of contention in the Ripple case.

@ Newshounds News™

Source:  Coinpedia

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BRICS NEWS: 2 COUNTRIES READY TO DITCH SWIFT AND LAUNCH NEW PAYMENT SYSTEM

BRICS members Russia and Iran want to abandon the Western-dominated payment messaging system SWIFT. The two countries aim to launch a new payment system as an alternative to the SWIFT mechanism. The sanctioned nations are working towards the formation of a new payment system that will completely get rid of the US dollar for cross-border trade and transactions.

SWIFT is controlled by the US making BRICS and other developing countries use the messaging system for financial transactions. The US dollar, Euro, and Pound are the most used currency for settlements around the world. Ending reliance on SWIFT will strengthen local currencies and become the de facto currency for trade.

BRICS: Russia & Iran Ready To Ditch SWIFT After Launching New Payment System

Russia is working closely with its BRICS counterpart Iran to ditch SWIFT and launch a new payment system for transactions.

Details on the formation of the payment mechanism are kept under wraps by the two nations. The work on the financial messaging channel remains confidential until further notice from Russia and Iran.

“The situation in banking and currency cooperation has significantly improved. At the moment, we are working on a confidential financial messaging channel to completely get rid of SWIFT.

 can call 2025 the year in which financial issues in Russian-Iranian relations will be resolved,” said Iranian Ambassador to Russia Kazem Jalali. Other BRICS countries could begin using the new payment system and end their dependency on SWIFT.

The development could usher into a new financial era between Russia and Iran and ditch the Western-dominated payment systems. The BRICS alliance could end up creating an alternative to SWIFT and convince other developing countries to use it. The US dollar will be the hardest-hit currency when the development plays out.

@ Newshounds News™

Source:  Watcher Guru

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