Seeds of Wisdom RV and Economic Updates Monday Afternoon 2-10-25

Good Afternoon Dinar Recaps,

GOLD REACHES ALL-TIME HIGH AS BITCOIN STRUGGLES FOR MOMENTUM AMID MARKET UNCERTAINTY

▪️Gold has surged to a new all-time high, outperforming bitcoin year-to-date, as central banks continued aggressive purchases.

▪️Meanwhile, bitcoin’s price increase of around 5% since the beginning of the year has been marked by volatility, with markets reacting to Donald Trump’s proposed tariffs and broader macroeconomic risks.

Gold reached a fresh all-time high of $2,902 per ounce as of Monday, marking a 17.5% increase since the start of the year.

Gold’s bullish trajectory has been fueled by ongoing central bank purchases, concerns over global trade policies, and investor demand for safe-haven assets, according to a report from the World Gold Council. Its data shows global gold reserves increased by 694 tons in the first ten months of 2024, continuing the record accumulation trend from previous years. 

The report said central banks are expected to remain net buyers of gold in 2025, citing de-dollarization efforts and geopolitical risks as key drivers.

Among the largest gold buyers in 2024 were Poland, India, Turkey and China, with net purchases of 89.5 tons, 72.6 tons, 74.8 tons, and 44.2 tons respectively. Western sanctions on Russia’s central bank reserves in 2022 have been cited as a turning point, reinforcing gold’s role as a geopolitical hedge.

The World Gold Council report found that 69% of central banks expect to continue accumulating gold, while 83% of those in industrialized nations cite it as a hedge against inflation and financial instability.

Trump’s tariffs and market impact

Markets remain uncertain after President Donald Trump announced on Sunday a 25% tariff on all steel and aluminum imports, renewing fears of a global trade war. Steel and aluminum stocks surged in premarket trading in New York, with U.S. Steel and Nucor rising 8% and Cleveland-Cliffs gaining 9%. Alcoa also saw a 4% increase.

With Mexico and Canada among the top three U.S. suppliers, the tariffs cast doubt on last week’s temporary delay and could reignite trade tensions. Although stock futures showed optimism on Monday, QCP Capital sees a feedback loop emerging.

"President Trump, highly sensitive to market reactions, is facing a market increasingly calling his bluff. This could embolden him further, adding another layer of volatility," said QCP Capital.

While bitcoin is often discussed as a hedge against monetary and geopolitical uncertainty, its correlation with risk assets has remained elevated, making it susceptible to shifts in market sentiment, according to a Bitwise report on Monday. In contrast, gold’s traditional role as a safe haven has strengthened its appeal amid growing concerns over inflation and trade disruptions.

@ Newshounds News™

Source:  The Block

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CFTC ANNOUNCES CRYPTO FRAUD ACTION AFTER ENFORCEMENT PRIORITIES SHIFT

Acting CFTC Chair Caroline Pham announced on Feb. 4 that the commission would essentially end its practice of regulation by enforcement.

The US Commodity Futures Trading Commission (CFTC) announced a consent order charging a New York resident with fraud in one of the agency’s first crypto-related enforcement actions under acting Chair Caroline Pham.

In a Feb. 10 notice, the CFTC said US authorities had charged Rashawn Russell with engaging in a digital assets trading scheme from 2020 to 2022, in which he solicited investors to contribute cryptocurrency to a fraudulent fund.

 According to the complaint, Russell misappropriated roughly $1.5 million through the scheme, which had him plead guilty to wire fraud in the US District Court for the Eastern District of New York.

“Russell guaranteed no loss to investors, and in some instances, guaranteed a minimum twenty-five percent return,” said the CFTC complaint filed on Jan. 16. “In reality, Russell intentionally and/or recklessly made false or misleading statements to solicit and retain investors.”

The enforcement case was one of the agency’s first actions since acting Chair Pham announced on Feb. 4 that the CFTC would be restructuring its Division of Enforcement’s priorities to focus on fraud.

 The commission said it planned to divide responsibilities for enforcement cases into two task forces focused on retail fraud and “complex fraud and manipulation.”

Crypto enforcement cases going into 2025?

Members at the CFTC elected Pham as acting chair on Jan. 20 amid the inauguration of US President Donald Trump, whom many expect will nominate a commissioner to fill former Chair Rostin Behnam’s seat. Behnam stepped down as chair on Jan. 20 but remained at the CFTC until Feb. 7, leaving the commission one seat shy of a full panel.

During the 2024 fiscal year under Behnam, the CFTC reported more than $17 billion in monetary relief, stemming mainly from the agency’s actions against crypto exchange FTX. 

Pham’s announcement regarding the commission’s shift in priorities suggested that the CFTC would focus less on regulating by enforcement for crypto firms handling digital assets considered commodities.

The US Securities and Exchange Commission — the country’s other significant financial regulator overseeing digital assets — announced in January that it would form a crypto task force to develop a regulatory framework.

Trump appointed SEC Commissioner Mark Uyeda as acting chair following the departure of Gary Gensler until the US Senate can consider the nomination of former commissioner Paul Atkins.

@ Newshounds News™

Source:  CoinTelegraph

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RIPPLE'S FIRST FORAY INTO PORTUGAL: PARTNERS WITH UNICÂMBIO USING BLOCKCHAIN FOR INSTANT CROSS-BORDER PAYMENTS

Ripple has expanded its European presence by partnering with Unicâmbio, a leading currency exchange provider in Portugal, to facilitate instant cross-border payments between Portugal and Brazil

This collaboration marks Ripple's first foray into the Portuguese market, leveraging Ripple Payments to enable Unicâmbio's corporate clients to transfer funds quickly and efficiently between the two countries.

@ Newshounds News™

Read more:  The Defiant

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HONG KONG SCIENTISTS BUILT A LICKABLE DEVICE THAT LETS YOU TASTE THINGS IN VR

The 15-gram "lollipop" uses food-grade chemicals and electrical currents to simulate nine different flavors, bringing a sense of taste to VR and AR environments.

@ Newshounds News™

Read more:  Decrypt

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

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Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

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“Bits and Pieces” in Dinarland Monday 2-10-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

Restored Republic via a GCR: Update as of Mon. 10 Feb. 2025

Compiled Mon. 10 Feb. 2025 12:01 am EST by Judy Byington

Judy Note: The privately owned Federal Reserve which has had control of US Taxpayer monies since 1918 and has funneled all those trillions of dollars to the UK Crown, Vatican and private Central Banks across the World before charging us interest to use our own monies (running up the National Debt), has never had a full disclosure of their monetary decisions, nor has the Fed been fully audited – ever. That is, until along came Trump and Musk.

Take careful note of the Congress people who oppose an audit of the privately owned Federal Reserve, or who oppose any of Musk’s DOGE audits of Federal Programs that are funded by US Taxpayer monies.

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Sun. 9 Feb. 2025 Official Announcement from Christian B. Wallace, on Telegram

“Ladies and gentlemen, the time has come. For years, many have speculated, doubted, and waited. Today, I stand before you with absolute certainty—NESARA & GESARA are closer than ever.

As a licensed financial professional with over 20 years in financial engineering, I have worked behind the scenes, witnessing the slow but undeniable progress of this global financial shift. The final mechanisms are being put in place, and the long-awaited reset is no longer a distant promise—it is an imminent reality.

The corrupt systems that have enslaved economies for centuries are being dismantled. A new financial structure, backed by real assets, is ready to emerge. Debt relief, wealth redistribution and the release of suppressed technologies are no longer theories—they are part of the blueprint for the future.

I urge you to prepare. What comes next will reshape everything we know about wealth, freedom, and prosperity. The world is about to change. The wait is almost over.” …Christian B. Wallace, Tier 4B

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Sun. 9 Feb. 2025: BREAKING: THE ELITE ARE FALLING! FINANCIAL MELTDOWN IS HERE! …on Telegram

For everyone saying, “Nothing’s happening,” open your eyes! This isn’t a drill. The global financial system is crumbling, and the ones you thought were untouchable—BlackRock, celebrities—they’re ALL falling. This is not a market correction; it’s total destruction.

The elites are in full panic mode. Their mansions? Fire sales. BlackRock filing for bankruptcy? YES, it’s real. Their house of cards is collapsing, and there’s no bailout big enough to save them.

The Bank Implosion: Silicon Valley Bank, Credit Suisse, First Republic—gone. And it’s just the beginning. This isn’t bad luck; this is justice. The elite built their empire on lies, and it’s finally coming apart.

BlackRock Falls: BlackRock, the “Godzilla” of finance, controlled trillions in assets. Now? Bankrupt. Their empire of manipulation is no more. Executive Orders delivered the fatal blow, and they couldn’t survive without their corrupt channels.

The Global Reset Is Here: We’re witnessing the biggest financial shift in history. The elites are losing trillions, their power is evaporating, and the world is waking up. This is more than a collapse—it’s the END of their reign

Read full post here:  https://dinarchronicles.com/2025/02/10/restored-republic-via-a-gcr-update-as-of-february-10-2025/

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

Mnt Goat   Article:  "ECONOMIST: WASHINGTON’S POLICIES TOWARDS IRAQ PREVENTED THE REVIVAL OF ITS FINANCIAL RESOURCES"   Will Trump change this Obama/Biden era foreign policies towards Iraq? This is the only way and I mean ONLY way we will see the RV in short order. ...The fact that Trump is a businessman before being a politician gives him the advantage to see the great potential for American investment in Iraq...

Militia Man  Article: "Minister of Finance receives a delegation from the German corporation for international cooperation."  Interesting...so are they going to be doing this 1310 business forever?  I don't think so.  Quote: "In the presence of sectoral bodies from the Central Bank of Iraq, Federal Integrity commission, Financial Supervision Bureau and the
General Authority for Customs and Taxes at the ministry's headquarters..."  These guys are focused 100% on Iraq getting into the International world.

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BREAKING: Gold & Silver Prices Set to SKYROCKET! Is the Central Bank COLLAPSE Imminent?

Wall Street Bullion:  2-9-2025

Are gold & silver prices about to shock the world? Is the central bank collapse imminent? Ron Paul joins us to discuss gold & silver prices that are set to soar! LIKE THE VIDEO IF YOU WANT GOOD LUCK STACKING SILVER & GOLD!!!

https://www.youtube.com/watch?v=3xb7iFt0iS8

SUPERBOWL: Bread & Circus Edition | Mike Maloney

2-9-2025

In this revealing discussion, Max Keiser and Mike Maloney draw parallels between ancient Rome’s “bread and circuses” and today’s culture of constant distraction and instant gratification.

 From cheap sugar and drugs to easy credit and mass entertainment, our society is locked in a cycle of consumption that masks the mounting social and economic strains.

Discover how excessive government taxation and mind-numbing bureaucracy mirror Rome’s final days, and learn why entrepreneurs and small business owners often bear the brunt of this overreach.

Don’t miss this eye-opening look at how the Super Bowl and other spectacles keep us complacent—and what it could mean for the future of our economic freedom.

https://www.youtube.com/watch?v=UIHK8-jgOQs

Seeds of Wisdom RV and Economic Updates Monday Morning 2-10-25

Good Morning Dinar Recaps,

TOP ECONOMIC EVENTS TO WATCH NEXT WEEK: US CPI & PPI REPORT, POWELL’S TESTIMONY MIGHT SET CRYPTO MARKET’S TREND

▪️Crypto markets brace for key economic events, including CPI, PPI data, and Jerome Powell’s testimony, which could impact price trends.

▪️Fed interest rate outlook and U.S. tariff updates may influence investor sentiment, with inflation reports playing a crucial role next week.

Next week is important for the crypto market because a few major events are happening. These include the release of the CPI and PPI data, speeches from important Federal Reserve officials, and testimony from Jerome Powell, which could all influence the direction of the crypto market in the coming week.

Jobs Report and Tariff Concerns Shake Markets Before Inflation Data

After the January jobs report came out on February 7, the dollar and bond yields increased, but stock and crypto prices dropped. These market changes were influenced by more than just the jobs report.

 It concluded a week filled with strong economic data and growing concerns about upcoming U.S. tariffs. The January 2024 jobs report was a key highlight of last week, but other economic data also came in strong and exceeded expectations.

At its latest meeting, the Federal Reserve kept its main interest rate steady at 4.25%-4.50%, stressing that they need to see continuous improvement in inflation before thinking about reducing rates.

Several Fed officials also mentioned that prices pushed up by tariffs might lead to keeping their policies stricter for a longer period than what the markets anticipate.

CPI Report on 12 February

U.S. inflation figures and remarks from Federal Reserve Chair Jerome Powell will play a crucial role in deciding the direction of U.S. interest rates. Additionally, any new updates on tariffs from the Trump administration will be closely watched.

With the first central bank decisions of 2025 behind us, this week might be quieter. However, there’s still significant news for investors, as the crucial CPI report from the United States is coming up.

In December, the main CPI rate slightly increased to 2.9% year-over-year, while the core rate decreased to 3.2%. According to predictions from the Cleveland Fed’s Inflation Nowcasting model, the main CPI rate is expected to have dropped to 2.85% in January, and the core rate to have slightly decreased to 3.13%.

On February 11, key figures from the Federal Reserve, including Hammack, Williams, and Powell, along with the Bank of England’s Mann and Bailey, will deliver speeches.

The next day, February 12, will feature talks from the Fed’s Bostic and Powell, as well as the ECB’s Nagel and the BoE’s Greene, potentially impacting financial markets with their insights on monetary policy.

Attention will also turn to inflation numbers from China, economic statistics from Japan, and data on the U.K.’s gross domestic product.

Jerome Powell’s Testimony to Take Place

Federal Reserve Chair Jerome Powell probably won’t share much new information this week during his twice-a-year report to Congress, but his appearance could still affect the markets.

Powell will testify in the House of Representatives on Wednesday and then in the Senate on Thursday, discussing the Fed’s view on the economy.

Deutsche Bank analysts said,

“He will likely stick to the January FOMC script but the market always seems to get something new out of these appearances, which include a lot of congressional Q&A.”

Economists believe he will echo a common theme from recent Federal Reserve meetings: there is currently no hurry to lower the key fed funds interest rate.

US PPI Report

If the US releases strong producer price index (PPI) or retail sales figures, it could boost the dollar by making investors think that interest rate cuts might be delayed. Although markets have been doing well lately, any unexpectedly high inflation could make investors feel less bullish.

Additionally, if industrial production numbers are strong, it could increase the prices of oil and metals. However, if retail sales are weak, it could reduce demand for commodities driven by consumer spending and could also negatively impact the dollar. As a result, we might see a bullish comeback in the crypto market.

@ Newshounds News™

Source:  Coinpedia

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BRICS CURRENCY PLAN IS OFFICIALLY NO MORE: WILL TRUMP LIFT TARIFFS

The ongoing tensions between the United States and the BRICS alliance have reached a fever pitch. With the world concerned about a burgeoning trade war, both sides seem no closer to any sort of resolution. However, a recent statement confirmed that the BRICS currency plan is officially no ore, but will US President Donald Trump lift his proposed tariffs?

During his campaign for re-election, Trump originally warned tariffs to dissuade the nation from embracing de-dollarization. He targeted the BRICS bloc specifically because they had so blatantly embraced the native currency settlement of their trade. Yet, with them confirming they are no longer a threat to the world’s currency, will Trump relent?

BRICS Currency Plan Confirmed to be Done, but Will Trump No Longer Target Alliance?

Donald Trump once said that the US dollar ceasing to be the world’s global reserve currency would be akin to the nation losing a war. That is what first placed the BRICS alliance in his crosshairs. For years, the nation has sought to implement its very own currency. Although never announced, the rumor had been present for much of 2024.

That caused the current US President to threaten significant tariffs on these nations. Specifically, he targeted those who would not commit to ensuring the status of the greenback. However, BRICS has officially confirmed its currency plan is no more, but will a Trump tariff also be rejected?

Dimitry Peskov, a Russian spokesperson, recently confirmed that “the BRICS are not discussing the creation of a common currency.” Indeed, the statement looked to put to rest the popular rumor. Alternatively, Peskov confirmed that the bloc was simply focused on joint investment and economic cooperation.

The question is, how will Trump respond? He is already planning reciprocal tariffs to match those imposed by other countries. 

Additionally, China has already responded to its 25% tariff with a 10% import tax on the US. With these nations already deeply embedded in an ongoing trade war, it is difficult to imagine Donald Trump would end the policy before it truly was implemented.

@ Newshounds News™

Source:  Watcher Guru

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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

“Tidbits From TNT” Monday Morning 2-10-2025

TNT:

Tishwash:  Parliamentary Finance: No new appointments in the 2025 budget

The Parliamentary Finance Committee confirmed, on Sunday, February 9, 2025, that there are no appointments in the federal budget for the current year. 

Committee member Mustafa Al-Karawi said in a statement followed by Al-Jabal, "According to the latest amendments, there is no fundamental change in the budget law, and no new appointments have been included, but it is possible for the government to move within the budget schedules to reactivate some of the previous specializations and texts."

He stated that "the amendments sent by the Prime Minister and the Council of Ministers were limited to Article (12) related to the cost of extracting oil in the Kurdistan Region," indicating that "the amended article is supposed to enter into force soon, which will allow the start of exporting oil from the region's wells through the SOMO company."

The Ministerial Council for the Economy recommended a few days ago to stop listing new investment projects except for necessary ones.

The Council sent its recommendation to the Council of Ministers regarding new investment projects to stop listing these projects except for the necessary ones, with the approval of the Council of Ministers and the endorsement of the Ministry of Planning and Finance to provide financial allocation before entering into any financial obligations  link

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Tishwash: The dollar stabilizes in the parallel market.. Is the price madness over?

The US dollar exchange rate is witnessing remarkable stability in the parallel market in Iraq at the present time, after a period of fluctuations and rising prices.

This stability is mainly attributed to the decrease in demand for the dollar for import purposes.
Economic expert Salah Nouri told {Euphrates News} that: “The stability of the dollar exchange rate in the parallel market is due to the decrease in demand for imports by traders who import goods from neighboring countries, as a result of anticipation of the outcome of the US decisions regarding sanctions.”

Nouri stressed that “the decrease in the dollar exchange rate has a positive impact on citizens’ purchasing power, but to varying degrees depending on the type of goods, such as basic food items other than medicines.”

Is the price madness over?

This stability indicates the possibility of an end to the “price madness” that the dollar market witnessed in the previous period; however, the economic expert believes that this stability is dependent on the decisions of the United States of America regarding sanctions, which means that the market may witness other fluctuations in the future.

Its impact on citizens

The decline in the dollar exchange rate has a positive impact on citizens’ purchasing power, as they can buy more goods and services with the same amount of Iraqi dinars. However, this impact varies depending on the type of goods, as citizens benefit more from the decline in the prices of basic food items other than medicines.  link

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Tishwash:  Saeed Tavakli: Iraq signs new gas export contract with Iran

 The CEO of the National Iranian Gas Company, Saeed Tavakoli, confirmed today, Saturday, "The export of gas to Iraq is currently ongoing, and we have recently signed a long-term contract with Iraq."

Tavakoli told the Iranian Mehr News Agency regarding US President Donald Trump's decision last Wednesday to cancel the exemption granted to Iraq to import electricity and gas from Iran as part of new sanctions against Tehran, "The decision represents an escalation of US pressure on Iran, as it pressures Iraq to reduce its dependence on Iranian energy."

Saeed Tavakoli stressed, "The export of gas to Iraq is currently underway, and since we have recently extended a good contract for exporting gas, it is likely that the cancellation of the exemption granted to Iraq to import electricity and gas from Iran was for another form of gas import."

The Iranian official continued, "Fortunately, the Iranian-Iraqi contract is in place, but the volume of exports increases and decreases according to the contractual terms."

Regarding gas imports and swaps, Tavakoli also said, "We do not import gas, but gas imports and swaps, such as electricity, are carried out from Armenia."

The CEO of the National Gas Company also stated regarding the drop in temperatures and the state of gas supply: "Currently, the network conditions are stable, and in the current situation, 72 percent of the gas produced is consumed in the domestic sector, and thanks to the cooperation of citizens, the gas supply network will remain stable in the coming days."

Iranian officials said last year that Iraq owed Iran $11 billion in debt due to the gas it purchased, and the payment of this debt was postponed by Iraq to the extent that Iran was forced, in response, to reduce gas exports due to the heavy debt.  link

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Mot: You Can Spoil Her With Something Expensive This Year

Mot ... AAaaaaaaaaahhhhhhhhhhh!!!! 

News, Rumors and Opinions Monday AM 2-10-2025

KTFA:

Clare:  Iraq advances one place in global gold reserves

2/9/2025  Baghdad

The World Gold Council announced today, Sunday, that Iraq has advanced one place in the ranking of countries that hold the most gold in the world.

According to the latest table published by the Council in February, which was reviewed by Al-Eqtisad News, Iraq ranked 28th out of 100 countries included in the table, after it was ranked 31st globally, to become fourth in the Arab world after Saudi Arabia, Lebanon and Algeria.

According to the table, Iraq increased its gold holdings to 162.7 tons, representing 12.7% of its total other reserves.

The Council pointed out that "the United States of America tops the list of the largest gold holders in the world, as it owns 8,133 thousand tons, followed by Germany with 3,351 thousand tons, then Italy with 2,452 thousand tons, while Trinidad and Tobago came at the bottom of the list with 1.9 thousand tons."

The World Gold Council, headquartered in the United Kingdom, has extensive experience and in-depth knowledge of the factors influencing market changes, and its members include the world's largest and most advanced gold mining companies.  LINK

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Clare:  Members of Congress demand that the US government stop military aid to Iraq

2/9/2025   Baghdad /

The National Network revealed in a report published today, Saturday, the existence of what it described as a "campaign" launched by a number of US Congress members to urge the White House to "reconsider" its current relations with the Iraqi government, most notably security and economic cooperation.

The network said, according to what was published by some media outlets, that members of Congress led by Representative Joe Wilson are now launching a pressure campaign on the US government with several demands, the first of which is to stop the military and security assistance provided by US forces to Iraq, and intelligence cooperation, and the last of which is "imposing sanctions" on the Iraqi economy.

The campaign launched by the members of the Republican Party also demanded that armed factions and some Iraqi parties be placed on the "terrorist list" and that their political and military work inside Iraq be prevented by imposing pressure on the government of Prime Minister Mohammed Shia al-Sudani.

Yesterday, American media published a letter signed by some representatives, sent by US Representative Joe Wilson to Secretary of State Mark Rubio, in which he asked him to impose sanctions on Iraq and stop the work of some armed factions in the country.  LINK

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  TIR is the new cross border payments system.  Sammy says we are launching this new system by using this transfer for International and then he says...this can't be at 1310 because it's going it's going international, saying it will be historic first international cross-border payments using this.  We are really close.  There's no way we can make the payment at 1310.  FRANK:  Yes it's a joke when you think about it all being done at 1310.  I agree.  We are as close as your breath is to your lungs...

Mnt Goat  Article:  “NATO INVITES IRAQ TO PARTICIPATE IN BRUSSELS GATHERING, PRAISES GOVERNMENT EFFORTS”.   NATO Secretary General Mark Rutte extended an official invitation to Prime Minister Mohammed Shia al-Sudani to participate in the NATO gathering that will be held soon in Brussels, and to deliver a speech on behalf of Iraq during the meeting.  What will Al-Sudani say?

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Scott Bessent: "We're Going To Monetize The Asset Side Of The US Balance Sheet"

Arcadia Economics:  2-9-2025

Some shocking comments coming out of the Trump administration, especially if you're a gold and silver investor.

And just wait until you hear what Treasury Secretary Scott Bessent just said about the administration's plans to 'monetize the asset side of the US balance sheet.'

You're going to want to see this one!

Could this be the “Gold Standard”

https://www.youtube.com/watch?v=3zBT3rDZKZk

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 2-9-25

Good Afternoon Dinar Recaps,

THE LESSONS LEARNED AT "OPERATION CHOKEPOINT 2.0" CONGRESSIONAL HEARINGS

The new majority party cast the former administration’s bank regulators as bullies operating in the shadows, yet surprising agreements were found.

The deep political divisions in the United States were apparent once again during the recent Congressional hearings on Operation Chokepoint 2.0, the alleged top-down initiative by former US President Joe Biden’s administration to “de-bank” crypto firms.

For much of Thursday afternoon (Feb. 6), it seemed that members of the Republican and Democratic parties were inhabiting different universes. 

Had Biden administration regulators really pressured US financial institutions to deny bank accounts to cryptocurrency firms in 2023, as Republicans asserted? Or was this whole construct of Chokepoint 2.0 “a fake program,” one never initiated by the Biden administration, as Democratic Representative Al Green stated?

Interestingly, at the end of the two-hour hearing, titled “Operation Choke Point 2.0: The Biden administration’s Efforts to Put Crypto in the Crosshairs,” the two political parties actually seemed to be in agreement on steps to be taken to prevent future regulatory ‘overreach’ — even while arguing about past practices.

For the most part, though, the Republicans cast the former Biden administration’s bank regulators as bullies operating in the shadows.

Bitter back-and-forth at Operation Chokepoint hearing

Paul Grewal, chief legal officer at Coinbase, testified that the US Federal Deposit Insurance Corporation (FDIC) “bludgeoned the banks” with an onslaught of examinations and questions “until the banks relented under the pressure.” Regulators forced banks to deny stablecoin issuers bank accounts for their reserves, for instance.

There was some drama, too, when Republican Rep. Ann Wagner questioned Fred Thiel, CEO of MARA Holdings, a leading Bitcoin mining firm, about events in 2023 when several large US banks failed:

“Mr. Thiel, has your bank ever stated whether their prudential regulators told them that they should refrain from providing services to digital asset firms?”

“We banked with Signature Bank and when the FDIC shut them down [in March 2023] and Flagstar took over the accounts, none of the crypto accounts were allowed to be part of those assets acquired,” answered Thiel, continuing:

“We were forced to immediately seek accounts with other banks. We were able to open an account with another bank, deposited $70 million after going through the approval processes, and six days later, we were told we have to shut down the accounts because our bank no longer will bank crypto companies.”

Wagner: “So the answer is yes.”

Elsewhere, Meuser asserted that the former administration’s regulators “resorted to vague interpretive regulatory letters, threatening banks with negative examination scores and fines if they continue their partnership with digital asset companies.”

Not surprisingly, the minority party resisted these characterizations. Ranking minority party member Green asked if anyone “had read a document from someone in the Biden administration or some regulator saying that there was a Chokepoint 2.0 operation.”

No one raised their hand.

“So this is a made-up statement. Somebody concluded that this was something that sells.”

Democratic Representative Nikema Williams said the matter under discussion, Choke Point 2.0, isn’t a serious issue — unlike, say, the continuing racial wealth gap or “Elon Musk dismantling our federal government.” 

Williams questioned why the subcommittee was even meeting to discuss the crypto policy of former president Biden when “he isn’t in power anymore.”

Meuser asked another witness, Austin Campbell, adjunct professor at NYU’s Stern School of Business, for some details on just how “Operation Chokepoint operated in the past” (e.g., Chokepoint 1.0, invented by the Obama administration, supposedly), given he was a former bank risk manager. How exactly did regulators pressure banks into severing ties with legally operating businesses?

Campbell answered that when communicating with regulators, “you are getting fundamentally several layers of guidance,” both written and verbal.

On the verbal level, regulators might say: “Well, we have reputational concerns about you banking crypto clients…. We’re still not sure. Maybe we’ll answer you on that. Maybe we won’t, but we still find it risky.”

“You understand that to mean no,” explained Campbell.

“Rhetorical red meat” or genuine overreach?

Cointelegraph queried several outside sources in the wake of the hearings, including Dru Stevenson, professor of law at South Texas College of Law Houston. Was debanking the crypto industry a serious problem in the US, or is it just something dreamed up by the crypto industry?

“The invocation of ‘Chokepoint’ is pure political theater, rhetorical red meat for the GOP base,” Stevenson answered.

The reality is that all rules and regulations, even the most wholesome and helpful, involve some tradeoffs, such as compliance checks and a little bit of overdeterrence at the margins, which may have happened in the last administration, he said.

Stephen Gannon, a partner at law firm Davis Wright Tremaine, disagreed. The “evidence is now overwhelming” that regulators overreached in the previous administration.

He cited numerous factors, including Senate Banking Committee testimony this past week from Nathan McCauley regarding a Federal Reserve Bank (FRB) internal document brought forward at the hearing by Sen. Lummis. Also, the FDIC “pause” documents recently released and statements from Acting FDIC Chair Travis Hill acknowledging such pressures existed.

In addition, there was the aforesaid testimony before the House Financial Services subcommittee, “particularly that of Fred Thiel,” as well as “my own personal experience with crypto clients who have been de-banked,” continued Gannon. Add to that “information compiled by Marc Andreessen and Nic Carter.”

Steven Kelly, associate director of research at the Yale Program on Financial Stability at the Yale School of Management, highlighted problems associated with reputational risk, a particular concern expressed during the subcommittee hearing. Kelly told Cointelegraph:

“Supervisors’ ability to press banks on their ‘reputation risk’ is a black box authority that can give way to something like an Operation Chokepoint.”

Still, Kelly was doubtful there was any premeditated, secret plan to de-bank the crypto industry. The fact that “the accusation has only been focused on the crypto industry thus far is telling and less suggestive of a chokepoint operation.

There are clearly real prudential concerns with crypto, which were borne out in the collapses of the 2022 crypto winter and the subsequent runs on Silvergate Bank and Signature Bank.”

Both parties find points of agreement

One surprise regarding the hearings: there were actually some points of agreement among the majority and minority members and their witnesses. Campbell, the former bank risk manager, whose testimony was generally well received by the majority party, highlighted some reforms the subcommittee might consider moving forward, and these seemed to meet broad approval:

“A simple one is that all banking guidance should be written. Do not allow verbal guidance. Do not allow hearsay and subjective statements. Write it down.”

“Secondly, that guidance should be made public on some trailing basis. Once you have a paper trail of what the regulators are doing, we will be having many less of these hearings.”

“When banks refuse people services, they should have to tell them why. And those statements should be written complete and transparent.”

“They should abolish management and reputational risk as components of the rating of banks. Those are subjective, rife for abuse, and can be used for really any ends that a banking regulator would like to wedge into an otherwise relatively objective framework.”

It wouldn’t hurt either if bank agency decisions were subject to outside oversight. Added Campbell:

“I’m a professor. I wouldn’t let any of my students grade their own homework. You should not be letting the banking regulators grade their own work here either.”  

Shayna Oleszek, director of banking policy at Better Markets, and a witness called by the minority party, agreed with many of Campbell’s recommendations.

Green, too, seemed to be seeking consensus in his closing remarks.

“Wouldn’t everyone agree that we need better crypto guardrails? If you agree, raise your hands.” All the witnesses raised their hands.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

BRICS: IRAN CALLS FOR A ‘UNIFIED CURRENCY’ TO CHALLENGE THE US DOLLAR

The new BRICS member Iran is calling for a ‘unified currency’ to challenge the US dollar’s global reserve currency status.

The Islamic Republic is pulling several options to dim the prospects of the US dollar’s hegemony. Iran is reeling under sanctions from the US and is desperate to find a viable option to lift its economy. The desperation comes after several countries ended conducting business with Iran that stalled its economy leading to a lackluster GDP.

After China and Russia, Iran is now spearheading the de-dollarization agenda as a way to take on the US dollar.  The move could make the US dollar lose out in the supply and demand mechanism in the currency markets. It could lead to hyperinflation if the US fails to make other countries use the dollar for trade.

BRICS: Iran Wants a ‘Unified Currency’ To Pull the US Dollar Down

BRICS member Iran revealed that they are open to the formation of a new ‘unified currency’ as an alternative payment option to the US dollar. The Islamic Republic revealed that if BRICS come to a consensus about the formation, they will wholeheartedly support the initiative.

“If BRICS member countries come to a consensus to use a single and unified currency, we are all for it. We will proceed from national interests,” said the Iranian government’s spokesperson Fatemeh Mohajerani.

However, BRICS might not launch a ‘unified currency’ as Trump would impose 100% tariffs if they ditch the US dollar.

In addition, not every BRICS member has cordial relations with Iran except for China and Russia. This puts the ‘unified currency’ initiative under question as it does not fit their national agendas. The idea could most likely be stalled in the upcoming summit as other countries might not come to a consensus.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

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Don Durrett: Gold's Delivery Dilemma - A Price Hike Catalyst?

Don Durrett: Gold's Delivery Dilemma - A Price Hike Catalyst?

Palisades Gold radio:  2-9-2025

Tom welcomes back Don Durrett, author, investor, and founder of Goldstockdata.com, to discuss the current state of gold, silver, and the broader economic developments.

During their conversation, Don notes that gold reached an all-time high, with spot prices near $2863 and futures above $2900. Silver is trading around $32.26, while the HUI (Hard Rock Miners' Index) stood at 328.

The London Bullion Market Association (LBMA) reported delivery delays of four to eight weeks, indicating potential shortages. Lease rates have spiked to five percent, a significant increase from the usual one percent or less.

Don suggested this could be due to LBMA supply issues. Don emphasized silver's role as a proxy for gold, particularly during periods of economic uncertainty. He warned of potential shortages in silver, driven by competing demands from investors and industrial fabricators.

 This could lead to dramatic price increases if a fear trade begins. Despite strong stock market performance, Don expressed concerns about an impending "rug pull," where the market could crash due to economic factors like inflation, high interest rates, and tariff policies.

He highlighted issues such as consumer discretionary spending constraints, commercial real estate overhangs, and rising bankruptcies in small businesses. The Fed's inability to cut rates due to inflation concerns was discussed, along with potential implications for the economy.

 Don speculated that the Fed might resort to quantitative easing (QE) in response to a market crash, though he questioned their ability to manage regional bank crises.

Time Stamp References:

0:00 – Introduction

 1:11 - Gold at New Highs

2:58 - LBMA Delivery Issues

10:00 - Thoughts on Silver

 16:42 - Institutional Buyers

19:16 - Equity Mkt. Concerns

23:20 - Tariffs China/Europe?

 27:17 - Fed & Inflation

33:09 - Tariffs on Bonds?

 35:52 - Equity Valuations

37:10 - Banks & Retail

 40:02 - Employment & Hires

 42:05 - Coming Rug Pull

44:50 - A.I. & Tech

48:00 - Fed's Reactions

51:48 - Cheap Miners?

53:46 - Traders Market

55:24 - Miner Pyramid

59:05 - Royalty Companies?

1:05:36 - Physical First

1:07:34 - Wrap Up

https://www.youtube.com/watch?v=9vPP9S2q9l4

Allowing Gold & Silver as Legal Tender and Prohibiting Debanking (Andrew Sorrell)

Allowing Gold & Silver as Legal Tender and Prohibiting Debanking (Andrew Sorrell)

Eagle forum of Alabama:  2-5-2025

Andrew Sorrell –State auditor of Alabama talks about making gold and silver legal tender and tax free in Alabama

A history of fiat money and a bill to stop “debanking” of businesses because banks don’t like their politics or occupation.

https://www.youtube.com/watch?v=Hq5rlbrejcU

Seeds of Wisdom RV and Economic Updates Sunday Morning 2-9-25

Good Morning Dinar Recaps,

HOW THE GENIUS ACT WILL LEAD TO CRYPTO-DOLLARS

The pace of regulatory and executive actions pertaining to the cryptoasset and blockchain sectors continues to accelerate, with the first ever U.S. digital asset press conference, the Senate Banking Committee continuing to discuss and roll back debanking initiatives, and SEC Commissioner Hester Peirce’s Crypto Task Force already making progress in establishing guidelines and frameworks for crypto regulation.

With the flurry of headlines and soundbites it would be easy for investors and policy advocates to overlook an important throughline in virtually every policy move under the new Trump administration to date; strengthening and improving the U.S. dollar’s place as the global reserve currency via dollar backed stablecoins.

Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, aiming to regulate US dollar-pegged crypto tokens, which according to public comments will focus on creating a safe and pro-growth environment for cryptoassets.

The GENIUS Act builds on previous efforts to integrate stablecoins into the U.S. financial markets and banking system, including the Clarity for Payment Stablecoins Act.

The GENIUS Act details several important aspects of potential forthcoming stablecoin regulation, but will also help accelerate the policy conversation around a crypto-dollar.

The GENIUS Act Increases Specificity To Stablecoins

Some of the much-needed specifics and clarity that the stablecoin sector has been searching for include, but are not limited to, the following. 

First, the bill as it is currently written and being discussed defines stablecoins as digital assets pegged to the U.S. dollar, which would seem to undermine efforts for commodity based or algorithmic-based stablecoins. 

Second, the bill seems to be advocating federal level regulation for two stablecoins in particular via the $10 billion market capitalization threshold for federal regulation; USDT and USDC. 

Since these two stablecoins combined have a market capitalization of nearly $200 billion, obtaining greater regulatory clarity over these two dollar-backed stablecoins is imperative toward greater adoption and utilization by both individuals and institutions.

An additional point of clarity embedded in the bill is the requirement that stablecoin issuers will have to undergo financial audits of reserves on a monthly basis. Seemingly a simple requirement, this addition highlights one of most difficult aspects of stablecoin regulation to date. 

Tether and the USDT token have been, and remain, the dominant dollar-backed stablecoin by a large margin but have been beset by (justifiable) questions around the accounting for reserves and other financial reporting practices for years. 

The GENIUS Act, by (in essence) specifying these reporting requirements and oversight at the federal level, are setting the groundwork for comprehensive, consistent, and comparable regulation for stablecoins seeking to operate in U.S. markets.

The GENIUS Act Will Lead To Crypto Dollars

One of the most important discussions connected to tokenized assets and especially stablecoins is something that is outside of the crypto; how can the United States take effective action to maintain the reserve currency status of the U.S. dollar? 

The dollar has faced challenges to its geo-political dominance in the past, but few instances of these challenges have been combined with the shifting political landscape unfolding at the present. 

The European Union, partially due to increasingly strident language by the U.S. related to tariffs and NATO-affiliated defense spending, is looking to expand the use of the euro on a global basis. 

China, the second largest economy in the world and definitive rival to the United States, is expanding trade, infrastructure, and use of the yuan on a continuous basis.

Lastly, the BRIC nations are actively seeking to develop and deploy a joint currency, which would seek to serve as an international medium of exchange.

@ Newshounds News™

Source:  Forbes

~~~~~~~~~

BRICS: US SIGNALLING RECESSION AS TRUMP TARIFF IMPACT LOOMS

There is no understating of the concern that is taking place within geopolitics this month. As the BRICS and US face-off, the latter is signaling an incoming recession with the potential impact of President Donald Trump’s 100% tariff plan looming large. Indeed, he had already instituted and delayed such import taxes on Mexico and Canada.

Now, the country is set to contend with China on implemented 25% tariffs. All the while, the United States is facing increased economic uncertainty across a host of sectors. Moreover, one key facet of its financial standing is showing evidence that a recession may be incoming.
BRICS Facing Tariffs and US Facing Recession as Geopolitical Tensions Grow

During his campaign for reelection, Donald Trump warned of 100% tariffs on BRICS nations. He justified the action as a way to preserve the US dollar, targeting a collective that has sought to settle trade in their local currencies. Yet he has since expanded that as he prepares to tariff Mexico, Canada, and others.

With the economic policy proving to be his weapon of choice, the United States economy is set to feel the effects. More importantly, as BRICS prepare to face those policies, the US is signaling a recession as those Trump tariff impacts loom large over the nation.

According to data from Global Markets Investors this week, the US job market is flashing recession signals. Specifically, the Bureau of Labor Statistics data shows that the hiring rates as a percentage of total employment dropped in December. Specifically, the figure fell to 3.2%, its second lowest market since the 2020 COVID-19 crisis.

This drop is concerning. It places hiring well below the pre-pandemic 3.8% average that was present from 2015 to 2019. Additionally, it fuels the ongoing concern regarding a labor market that is cooling extensively. For so long, the Federal Reserve had used a thriving labor market to justify its interest rate cuts. Its slowdown could have dire consequences for an economy coping with much more nuanced issues.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

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The “Wait and See” Phase for Gold is Over

The “Wait and See” Phase for Gold is Over

Notes From the Field By James Hickman (Simon Black)  February 6, 2025

In the year 1025, the Byzantine Empire stood at the height of its final golden age.

Basil II had just died, leaving behind a vast and wealthy empire stretching from Southern Italy to Armenia.  At the heart of its economy was the solidus, a gold coin that had served as the bedrock of Mediterranean trade for centuries. Merchants from Venice to Baghdad had so much confidence in its purity that the solidus became the primary currency for international trade as far away as China.

And this ‘reserve currency’ status allowed Byzantium to project economic power far beyond its borders.

But as the empire declined, so did its currency. Successors debased the solidus to cover military costs, mixing in copper and silver until it was barely recognizable.

By the late 11th century, merchants could no longer rely on the Byzantine government to maintain the purity of the solidus... so traders turned to a new, up-and-coming alternative: the Venetian ducat.

This pattern has repeated itself for thousands of years: reserve currencies come and go, and are eventually displaced by another.

Before the solidus, Rome had set the standard with its denarius, but centuries of inflation and political collapse led to its demise.

After Venice, the Spanish real de ocho became the world’s preferred trade currency, thanks to galleons loaded with New World silver. When Spanish power faded, the Dutch guilder took over, only to be replaced by the British pound sterling, which reigned until two world wars left Britain financially exhausted.

Even the US dollar, during its first two and a half decades as the global reserve currency, was based on gold, until in 1971, the dollar was removed from the gold standard.

The whole concept of fiat currency (i.e. paper currency which relies entirely on trust and confidence of the issuing government) holding coveted reserve status is a new phenomenon.

That means trusting the largest debtor in the history of the world, trusting the US financial system, abiding by the US government’s regulations, and dealing with the whims of their central bank—despite its mismanagement, soaring debt, and reckless policies.

So much can go wrong. And at some point in the future—whether years or decades from now—the US dollar will lose its status as the world’s reserve currency.

No currency has ever held that title forever, and it’s naive to assume the dollar will be the exception.

When that moment comes, future historians will look back in astonishment, wondering how it lasted as long as it did. Because a system built entirely on trust can only survive as long as that trust remains.

And for most of this century, the US government has proven time and again that it cannot be trusted.

We explore this topic in depth in today’s podcast, and discuss how and why gold will be the beneficiary of the dollar’s loss.

We also discuss:

• The short term “wins” possible by using tariffs as a political tool

• The long term damage to the dollar done by threatening allies

• What could replace the dollar as the global reserve currency

• The benefits of holding physical gold (for individuals and central banks)

• Investments that offer exposure to gold’s upside, without paying all time highs for physical bullion

We also mention a gold company that we are profiling this month for subscribers to our investment research newsletter, The 4th Pillar, which focuses on real asset investments.

You can listen to the podcast here.

(For the audio-only version, check out our online post here.)

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

https://www.schiffsovereign.com/trends/the-wait-and-see-phase-for-gold-is-over-podcast-152055/

“Tidbits From TNT” Sunday Morning 2-9-2025

TNT:

Tishwash:  Al-Sudani: The door is open for Kuwait to enter into development projects

Prime Minister Mohammed Shia Al-Sudani called on the State of Kuwait, today, Sunday, to invest in vital development road projects in Iraq.

This came during his meeting today in Baghdad with the Kuwaiti Ambassador to Iraq, Hassan Mohammed Al-Zaman.

Al-Sudani pointed out, according to a statement issued by his media office, the depth of relations between the two countries, and the importance of consolidating and expanding them at various levels and stages.

During the meeting, the Prime Minister stressed his aspiration to strengthen constructive bilateral cooperation in several fields, pointing to the available opportunities and the availability of an appropriate investment environment for the work of Arab and foreign companies, including Kuwaiti companies.

The statement quoted Al-Sudani as saying that the door is open for the State of Kuwait to enter into development projects and benefit from the announced investment opportunities, which contributes to strengthening economic integration and interconnected interests between the two countries.   link

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

Tishwash:  Iraq Ratings Affirmed At 'B-/B'; Outlook Stable

Overview

Iraq passed an expansionary three-year budget program in 2023, which will likely lead to rising general government debt.

The country has a history of under-spending on budgetary targets but heightened regional tensions alongside parliamentary elections in late 2025 will pressure fiscal finances.

Despite OPEC+ production cuts continuing into at least the first half of 2025, we expect Iraq's sizable oil export volumes will support external surpluses and foreign exchange reserves remaining in excess of $100 billion over 2025-2028.

We therefore affirmed our 'B-/B' ratings on Iraq. The outlook is stable. link

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

Tishwash:  Al-Sudani: 2024 expenditures from the investment budget amounted to 25 trillion dinars

Prime Minister Mohammed Shia Al-Sudani stressed today, Saturday, the concerted work to transform integrity into a social culture that disavows corruption and besieges it within society.

The Prime Minister's media office stated in a statement that "Prime Minister Mohammed Shia Al-Sudani sponsored the Internal Control Conference organized by the Federal Financial Supervision Bureau under the slogan (Control is the first line of defense in combating corruption and enhancing transparency)."

The Prime Minister stressed, in his speech, that "the conference aims to enhance the work of internal control and consolidate transparency in the performance of duty, in commitment to the first target in the work of the government program, which is represented by combating corruption, which is a basic criterion for the citizen's belief in the system and the political process as a whole," noting "the importance of internal control; as it is the system that corrects the course of the institution's work and guarantees preventing the waste of public money, and it does not mean bureaucracy and obstruction, but rather an honest and transparent path that deals with the law, its spirit and its goals before implementing its instructions."

He pointed out that "what was issued by the supreme religious authority last November proved the government's seriousness in making combating corruption a top priority, and that deviating from this path will affect the performance of the rest of the entitlements in combating unemployment, providing job opportunities, economic reform and services." He explained that "internal oversight is the first line of defense against corruption, to protect the government institution itself, and to purify its work, and the total amount spent on service projects for ministries and governorates during 2024 amounted to 12 trillion dinars," adding that "what was achieved during the past two years gave hope to citizens and confidence in the state and optimism that the country is on the right track."

He explained that "corruption has become like a virus, mutating and adapting itself in light of the measures taken by the oversight bodies, and decisive treatments have been put in place in government work with complete transparency and clarity, and within the framework of the law to combat corruption."

He continued: “We have made the issue of supporting internal oversight and developing its work at the forefront of the procedural links within the anti-corruption methodology, and the levels of internal auditing have been raised to general directorates to ensure full empowerment in their work in combating corruption,” noting that “we have proceeded to find legal legislation in accordance with the Constitutional Article (108) to regulate the work of the directorates and enhance their independence in performing tasks.”

He added: “We supported the recommendations of the first anti-corruption conference, most notably enhancing the work of internal oversight departments with human resources and competencies,” stressing that “periodic evaluation of the performance of those in senior positions is necessary to ensure the effectiveness and performance of government institutions, to prevent corruption.”

He noted that “we have directed to expedite the resolution and completion of reports, complaints and criminal cases, within the legally specified time limits, and we emphasize following up on issues related to public opinion, large amounts of corruption and senior state employees, to impose legal penalties on those convicted,” stressing “the need to emphasize enhancing confidence in accountability and accountability procedures, to ensure achieving general deterrence.”

The Prime Minister stressed, according to the statement, “the concerted effort to transform integrity into a social culture that disavows corruption and besieges it within society,” indicating “his support for all efforts that revealed small details of corruption and led to the recovery of huge sums of public money.” He added, “We have made the recovery of wanted persons and stolen funds a condition and a file in our international relations, and we support the outcomes of your conference and all blessed national efforts to enforce the law and protect Iraqis’ money.”  link

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

Mot: Ya Knows - Back in My Day 

Mot: . but why does wrong feel so so so RIGHT 

News, Rumors and Opinions Sunday AM 2-9-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 9 Feb. 2025

Compiled Sun. 9 Feb. 2025 12:01 am EST by Judy Byington

Global Financial Crisis: (Rumors)

Sat. 8 Feb. 2025 The QFS Reclaims Stolen Wealth! …Final Warning on Telegram

The Quantum Financial System (QFS) just delivered a MASSIVE BLOW to the Cabal! Trillions in stolen silver, (allegedly) hidden in underground bunkers for decades, are being (allegedly)seized by military forces and integrated into the QFS. This is a turning point—HUMANITY’S LIBERATION from financial slavery is happening NOW!

As of February 2025, over $2 TRILLION in silver has been(allegedly) reclaimed! And this is just the beginning! Trillions in Silver Unearthed! Military forces have uncovered secret silver reserves hidden by the elites:

Nevada – A decommissioned Cold War bunker(allegedly) held 3,000 metric tons of silver bars!

Mexico & Guatemala – Stolen from local mines, 4,000 metric tons (allegedly)recovered!

New York – Beneath a major bank, a vault holding 7,500 metric tons of unregistered silver was (allegedly)(allegedly)seized!

Silver: The Heart of the QFS Reset: The QFS is about to explode silver’s true value—expect prices to SKYROCKET to $1,500/oz or MORE! This isn’t just currency—it’s the backbone of the quantum economy, powering Starlink, military-grade encryption, and advanced tech!

Silver-Backed Certificates & Debt Relief Incoming! In January 2025, silver-backed certificates(allegedly) launched within the QFS! Redemption Centers are preparing for a MASSIVE ROLLOUT—citizens will soon be able to exchange fiat for silver-backed wealth! Unlike worthless paper money, each certificate is(allegedly) tied to real silver, guaranteeing security and financial FREEDOM!

The Cabal’s Sabotage EXPOSED! Mysterious refinery fire in Utah—a desperate attempt to destroy evidence! Cyberattacks on Redemption Centers—(allegedly)neutralized by Starlink’s quantum AI! Fire news calling it a “conspiracy theory”—a last-ditch effort to keep YOU blind!

Starlink’s Operation SkyNet: Crushing the Cabal! Military forces just intercepted a smuggling ship in the Pacific (allegedly)loaded with 800 metric tons of stolen silver. THE CabaL IS LOSING CONTROL!

March 2025: Silver Revaluation & NESARA/GESARA Looming! Financial insiders say the public announcement is imminent—the elites are TERRIFIED because their paper money SCAM IS COLLAPSING!

Read full post here:  https://dinarchronicles.com/2025/02/09/restored-republic-via-a-gcr-update-as-of-february-9-2025/

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

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

MarkZ   [via PDK]  I am hearing a lot of fun stuff from Iraq and from groups. Expectations are through the roof right now...I am almost afraid to tell you all how excited I am for the next few days and the next week or two. This roller coaster is bad enough…but I am quite literally bouncing today. I hope and pray we are through by next Saturday

Frank26    [Iraq] has the potential to come out at a ridiculous exchange rate just like Kuwait did 30 years ago when they went through a re-denomination and a revaluation of their currency...about $15.  But it only lasted for about a week and it went back down to 3 to 1...IMO it was a window created for the whales and sharks to take advantage of...Iraq has learned from Kuwait mistakes.  If you come out at a high rate like that...you destroy everything you worked to create the security and stability of their currency.  And it would destroy their economy, GDP, economic reform, monetary reform.  Inflation would go up.  I don't think we're going to see a ridiculous rate at the onset.  But I think we'll see the same rate that is floating in the Middle East which holds the most powerful currencies in the world at 3 to 1 to the dollar.

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

Gold Signaling Economic Reset & Banking Failure | Chris Vermeulen

Liberty and Finance:  2-8-2025

Chris Vermeulen forecasts that the rise in gold prices is signaling an impending market reset. He believes that gold is a global barometer, and its increasing value indicates that we are nearing a financial or economic reset, as more people seek to move wealth out of the stock market, real estate, and the banking system.

Vermeulen points out that as gold moves up, it suggests people are preparing for potential market corrections and instability. He emphasizes that physical gold, in particular, is a solid investment right now, as it offers protection against financial system risks.

According to him, this trend of rising gold prices, especially with significant gold transfers to the U.S., is a sign that major global players foresee financial turbulence ahead.

INTERVIEW TIMELINE:

0:00 Intro

1:40 Gold market

 4:51 Retail investors vs insiders

9:49 Silver update

12:27 Stock market

16:28 The Technical Traders

https://www.youtube.com/watch?v=GZ7zFHEMT6g

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 2-8-25

Good Afternoon Dinar Recaps,

COINBASE TO FACE LAWSUIT OVER UNREGISTERED SECURITIES SALES, JUDGE RULES

Coinbase said the judge’s opinion “narrowed the scope of discovery in this case,” adding, “We look forward to vindicating the remaining claims” in court.

A US federal judge has rejected Coinbase’s argument that it does not meet the definition of a “statutory seller” under federal law, forcing the cryptocurrency exchange to face an investor lawsuit in the state of New York.

According to a Feb. 7 Reuters report, US District Judge Paul Engelmayer has compelled Coinbase to face plaintiffs’ allegations that it sold securities without registering as a broker-dealer. Specifically, the plaintiffs accused Coinbase of selling 79 cryptocurrencies that were securities without proper registration.

As Cointelegraph reported, the class-action lawsuit was initially dismissed in the District Court of Southern New York in February 2023. However, the Circuit Court of Appeals revived parts of the lawsuit more than one year later.

As Reuters reported, Judge Engelmayer said that “customers on Coinbase transact solely with Coinbase itself,” which suggests that the exchange was a seller.

In a written response to Cointelegraph, a Coinbase spokesperson said:

“Coinbase does not list, offer or sell securities on its exchange. Today’s opinion importantly narrowed the scope of discovery in this case, which is significant. We look forward to vindicating the remaining claims in the district court.”

Ongoing lawsuit with the SEC

Coinbase has been mired in a lawsuit with the US Securities and Exchange Commission since June 2023, when the regulator accused the exchange of operating an unregistered securities platform and failing to register as a broker.

In January, Coinbase asked a US appeals court to rule that cryptocurrency trades are not securities. In the filing, Coinbase argued that trades facilitated on its platform should not be classified as securities trades “but asset sales of digital assets rather than physical ones.”

Coinbase has also sued the SEC and Federal Deposit Insurance Corporation for allegedly attempting to “cut off digital-asset firms from essential banking services.” The exchange also alleged that both agencies failed to comply with Freedom of Information Act requests.

Coinbase plays a major role in the US cryptocurrency market. It’s not only the country’s largest crypto exchange by trading volume but is also the largest custodian for the US spot Bitcoin exchange-traded funds.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

PETER SCHIFF SLAMS BITCOIN SUPER BOWL AD, SPARKS DEBATE

Peter Schiff criticized a Bitcoin Super Bowl ad, accusing it of false advertising for claiming Bitcoin is backed by energy.

He argued Bitcoin neither stores nor can be redeemed for energy, urging FTC intervention. 

In response, Dan Victor, CFA, highlighted that Bitcoin relies on decentralized computing power, which requires energy. 

Schiff dismissed this as semantics, asserting Bitcoin resembles fiat currency, backed by faith rather than tangible assets like gold. 

This sparked renewed debate over Bitcoin’s intrinsic value, especially as mainstream promotions like Super Bowl ads amplify crypto’s reach.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

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