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China And Germany Are Leading The Next Round Of Global Inflation
China And Germany Are Leading The Next Round Of Global Inflation
Notes From the Field By James Hickman (Simon Black) March 6, 2025
Between press conference bust ups, tariff announcements, peace deals, and cryptocurrency reserve proclamations, it has been a busy month and a half.
Despite all this, our global economic outlook remains relatively unchanged: we’re still anticipating a pretty serious bout of inflation around the world, and I’ll explain why.
Inflation isn’t hard to understand. We all see it when we go to the grocery store, fill up our cars, or pay for tuition, daycare, or medical services.
China And Germany Are Leading The Next Round Of Global Inflation
Notes From the Field By James Hickman (Simon Black) March 6, 2025
Between press conference bust ups, tariff announcements, peace deals, and cryptocurrency reserve proclamations, it has been a busy month and a half.
Despite all this, our global economic outlook remains relatively unchanged: we’re still anticipating a pretty serious bout of inflation around the world, and I’ll explain why.
Inflation isn’t hard to understand. We all see it when we go to the grocery store, fill up our cars, or pay for tuition, daycare, or medical services.
The pandemic was the perfect illustration of how this happens; governments worldwide locked people in their homes, halting the production of goods and services. Meanwhile, they borrowed and ‘printed’ trillions of dollars, flooding the economy with money.
The obvious result was inflation. More money was chasing fewer goods and services, so prices for just about everything increased, from stocks, crypto, and real estate to eggs and bacon.
We’ve long argued that this trend will continue. And while there was a brief respite, this cycle of debt and central bank money printing is poised to accelerate again.
Germany, for example, just announced roughly €500 billion in spending, almost all of which will be fueled by debt. And that figure appears to be just a modest down payment in their overall spending plan. They want the rest of Europe to join them in this debt binge as well.
Bear in mind, Germany is supposed to be the ‘responsible’ country that lives within its means and spends conservatively. Yet practically overnight, they have adopted a ‘whatever it takes’ mentality, and are working to eliminate legal restrictions on government expenditures so that they can spend even more.
Not to be outdone, the Chinese Communist Party earlier this week announced its own spending bonanza designed to prop up the economy and increase consumer spending.
This is all literally just from the past few days. And the implications cannot be overstated. Similar to what we saw during the pandemic, the flood of new money into the global economy will be inflationary.
We also don’t think it’s going to stop with Germany or China. Most Western nations are poised to spend beyond their means... almost as if locked in a deficit-spending ‘arms race’. So, again, our inflationary outlook has not changed.
This is why we continue to view real assets as a safe haven.
It probably also helps that, in general, real assets are at a remarkably cheap spot in their market cycle, especially when compared to financial assets.
In fact, the last time real assets (commodities specifically) were this cheap relative to stocks was in 1999 at the peak of the dot-com bubble. Commodities and related industries surged 2,000% in the years that followed, dwarfing the returns of the Dow Jones and S&P 500.
We’ve paid very special attention to real asset businesses which are trading at laughably cheap valuations even while gold is near its all time high.
Here’s a great example— last month in our highest-level investment research service, The 4th Pillar, we highlighted a precious metals business operating in one of the worlds best jurisdictions. It has a pristine balance sheet and is quite profitable, yet its stock price trades at a mere 3 times forward earnings.
In our most recent edition, which will be sent to 4th Pillar subscribers tomorrow, is another precious metals business that has been completely overlooked by investors. It too is profitable and has a fantastic balance sheet, yet also trades at a multiple of less than 3.
It’s extremely uncommon to see such healthy, well-managed businesses have enormous growth potential, yet simultaneously be so inexpensive. As a comparison, many popular tech companies have Price/Earnings multiples in excess of 30 or 40.
It’s crazy when you think about it; gold has gone through the roof, yet extremely profitable gold-related companies have seen their share prices languish.
In other words, the share prices of these precious metals companies don’t reflect the fact that gold is already near its all-time high... and they certainly don’t reflect the additional upside potential that gold could continue to surge in the coming years as foreign central banks continue to trade part of their US dollar reserves for gold.
Our investment research service, the 4th Pillar, focuses very heavily on these deeply undervalued real asset businesses: profitable companies with fantastic balance sheets and serious growth prospects that are trading at ridiculous discounts right now.
We don’t believe this anomaly is going to last, i.e. gold surging to fresh, all-time highs, yet gold company share prices languishing.
For the past few weeks we’ve been offering an annual subscription to the 4th Pillar at a steep 50% discount as well. But this too won’t last. In fact we’ll be closing out our special, promotional offer in the next couple of days.
So if you’d like to learn more about the 4th Pillar investment research— and these deeply undervalued real asset businesses, click here for more information while the promotional offer lasts.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
The Fiat Dollar’s Final Days: Why a Return to Asset-Backed Money Is Now Underway
The Fiat Dollar’s Final Days: Why a Return to Asset-Backed Money Is Now Underway
Awake-In-3D March 9, 2025
The fiat system is mathematically unsustainable. A return to asset-backed money isn’t just probable—it’s inevitable. No fiat currency has survived forever. Will the U.S. dollar be any different?
For decades, the U.S. dollar has been the cornerstone of global finance, but cracks in the system are becoming impossible to ignore. Inflation is eroding purchasing power, national debt is skyrocketing, and history has shown that no fiat currency lasts forever.
The Fiat Dollar’s Final Days: Why a Return to Asset-Backed Money Is Now Underway
Awake-In-3D March 9, 2025
The fiat system is mathematically unsustainable. A return to asset-backed money isn’t just probable—it’s inevitable. No fiat currency has survived forever. Will the U.S. dollar be any different?
For decades, the U.S. dollar has been the cornerstone of global finance, but cracks in the system are becoming impossible to ignore. Inflation is eroding purchasing power, national debt is skyrocketing, and history has shown that no fiat currency lasts forever.
As we witness the Fiat Dollar’s Final Days, one question remains—what comes next? The answer lies in a return to asset-backed money, the only proven path to restoring stability and trust in the financial system.
The transition back to real money is no longer a question of if—it is only a matter of when.
The Decline of the U.S. Dollar’s Purchasing Power
Since the U.S. abandoned the gold standard in 1971, the dollar has undergone relentless devaluation:
$20 in 1972 now requires $160 in 2023 to buy the same goods and services.
This reflects a 700% increase in prices, meaning the dollar today buys only 12.5% of what it could in 1972.
Inflation, driven by continuous money printing, remains the primary force behind this decline.
Pic 2
Source: The Visual Capitalist
The dollar’s purchasing power continues to erode, forcing Americans to take on more debt just to maintain their standard of living. This outcome was never a possibility—it was a mathematical certainty in a fiat system.
Historical Precedent: 775 Failed Fiat Currencies
The U.S. dollar is not immune to the fate of every other fiat currency in history:
A study of 775 historical fiat currencies shows that the average lifespan is just 27 years.
Many fiat currencies collapsed due to hyperinflation, war, or poor monetary policy.
Examples include:
Weimar Germany’s Papiermark (1920s) – Hyperinflation rendered it worthless.
Zimbabwe Dollar (2000s) – Inflation peaked at 89.7 sextillion percent per month.
Venezuelan Bolívar (2010s) – Over 1,000,000% inflation wiped out savings.
The British Pound and U.S. Dollar remain exceptions—but both have lost nearly all of their original value. The only reason the dollar has lasted longer is its global reserve currency status, a privilege granted after World War II.
Why the U.S. Dollar Has Outlasted Other Fiat Currencies
Most fiat currencies throughout history have followed the same short-lived trajectory—rising to prominence, collapsing under the weight of debt and inflation, and ultimately being replaced. Yet, the U.S. dollar has defied this cycle, surviving far longer than the average fiat currency lifespan of 27 years. The key reason? Its status as the world’s primary global reserve currency.
The Dollar’s Unique Global Role
Following World War II, the Bretton Woods Agreement (1944) established the U.S. dollar as the foundation of the international financial system. Unlike other national currencies, the dollar became the standard for global trade, oil transactions, and foreign exchange reserves. This privileged status allowed the U.S. to:
Export inflation globally – Because countries needed dollars for trade, the U.S. could print more money without immediate consequences.
Borrow without limits – Demand for dollars kept interest rates artificially low, enabling the U.S. government to accumulate massive debt.
Fund military and economic dominance – The dollar’s global acceptance allowed the U.S. to finance wars, economic interventions, and geopolitical influence with newly printed currency.
The Petrodollar System: A Lifeline for Fiat Dominance
In 1971, when President Nixon ended the gold standard, the U.S. struck agreements with Saudi Arabia and other oil-producing nations to ensure that oil would only be traded in U.S. dollars. This petrodollar system created a new artificial demand for the currency, reinforcing its global dominance even after losing its gold backing.
As long as countries needed dollars to purchase oil and conduct international trade, the U.S. could continue running massive deficits and inflating the currency without immediate collapse—something no other fiat currency in history has been able to do.
The Dollar’s Reserve Status Is Now at Risk
Today, however, the factors that once kept the dollar afloat are beginning to unravel:
Foreign nations are diversifying away from the dollar – China, Russia, and other economic powers are forming trade agreements in alternative currencies, reducing reliance on the dollar.
The petrodollar system is weakening – Countries like Saudi Arabia and the BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring oil trade agreements that bypass the U.S. dollar.
Debt levels are spiraling out of control – The U.S. is now generating $1 trillion in debt every 100 days, making long-term confidence in the dollar increasingly unsustainable.
Without its global reserve currency status, the U.S. dollar will lose the one advantage that has allowed it to survive longer than any other fiat currency. And once that happens, its fate will be no different from the hundreds of failed fiat currencies that came before it.
The Debt Spiral and the Fiat Dollar’s Final Days
The U.S. government faces an unsustainable debt trajectory, guaranteeing continued currency devaluation:
U.S. national debt is approaching $37 trillion.
The U.S. government is generating an over $1 trillion in debt every 100 days today.
Annual interest payments on the debt now outpace military spending.
In a fiat system, governments sustain debt by printing more money. This endless money printing accelerates the dollar’s devaluation, creating a cycle that inevitably leads to collapse.
The Only Way Forward: A Return to Asset-Backed Money
Historically, fiat currency cycles have followed a consistent pattern:
Governments print excessive money.
Debt spirals out of control.
Confidence in the currency collapses.
A new monetary system emerges.
The U.S. dollar requires asset backing to avoid collapse. The timing, not the possibility, remains the only uncertainty.
What an Asset-Backed Dollar Means for the Fiat Dollar’s Final Days
A modern, asset-backed currency would likely involve:
Gold-backed U.S. Treasury notes issued at a new exchange rate.
A mix of commodities (gold, silver, oil, or even digital assets like Bitcoin) to provide additional stability.
A phased transition away from pure fiat, allowing markets to adjust gradually.
Returning to asset backing would:
Restore confidence in the dollar by tying it to real-world value.
Prevent uncontrolled money printing and enforce fiscal responsibility.
Protect savings and wages from the relentless erosion of purchasing power.
The Bottom Line: The System Is Running Out of Time
The U.S. dollar has had an extraordinary run, surviving far longer than most fiat currencies due to its global reserve status. However, history, math, and economics all point to the same conclusion—the system is running out of time.
With debt levels exploding, inflation eroding purchasing power, and nations actively preparing alternatives, the era of the unbacked fiat dollar nears its end.
The only viable solution is a return to real, asset-backed money. When this reset happens, those who understand the shift will be best positioned for the future.
The transition back to real money is no longer a question of if—it is only a matter of when.
=======================================
© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
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“Tidbits From TNT” Monday Morning 3-10-2025
TNT:
Tishwash: Between security stability and economic challenges... the last year of Al-Sudani's government
As the government of Mohammed Shia al-Sudani enters its final year, many challenges emerge on the scene, despite the achievements made in various fields.
MP Hussein Al-Azirjawi confirmed in an interview with "Baghdad Today", Sunday (March 9, 2025), that "the security situation is stable and has not been affected by regional events," pointing to the readiness of the security forces to confront any emergency.
On the economic level, Al-Azirjawi pointed out that “there are some difficulties, but they are less severe than what previous governments faced,” stressing that “the government is continuing to address the crises, especially with regard to paying salaries and reviving development projects in various governorates.”
TNT:
Tishwash: Between security stability and economic challenges... the last year of Al-Sudani's government
As the government of Mohammed Shia al-Sudani enters its final year, many challenges emerge on the scene, despite the achievements made in various fields.
MP Hussein Al-Azirjawi confirmed in an interview with "Baghdad Today", Sunday (March 9, 2025), that "the security situation is stable and has not been affected by regional events," pointing to the readiness of the security forces to confront any emergency.
On the economic level, Al-Azirjawi pointed out that “there are some difficulties, but they are less severe than what previous governments faced,” stressing that “the government is continuing to address the crises, especially with regard to paying salaries and reviving development projects in various governorates.”
He also pointed out that "Al-Sudani's government has achieved broad popular satisfaction, thanks to the resumption of work on a number of vital projects, such as bridges, hospitals and factories.
Despite the challenges of low oil prices, he stressed that "the government has the solutions to overcome the obstacles," expecting that "the economic or security file will not constitute a major obstacle in the next stage."
Prime Minister Mohammed Shia al-Sudani assumed office in October 2022 amid complex political and economic conditions, as his government came after a long formation crisis following the early parliamentary elections in 2021.
Since then, his government has faced sensitive issues, most notably improving the economic situation, enhancing security, and combating corruption, in addition to trying to achieve internal and external political balance in light of the tense regional situation.
As the current government enters its final year, new challenges emerge, particularly in light of the fluctuations in oil prices and their impact on the general budget, in addition to the continued need to implement economic reforms and combat corruption to ensure sustainable improvement in government performance link
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Tishwash: $100 billion annually.. Iraq's spending exceeds the 3 most powerful economies in the world
The head of the Iraq Future Foundation, Munar Al-Obaidi, revealed the rate of Iraq’s revenues and expenditures during the last ten years. While he explained that the country spends $100 billion annually, which is higher than the annual expenditure of three countries with strong economies, he indicated that the country’s problem is not with resources, but with the way they are managed.
Al-Obaidi said, "Over the course of ten years, Iraq's total revenues amounted to 1,028 trillion Iraqi dinars, with oil revenues accounting for 92% of the total revenues, while tax, customs and other sources contributed only 8%."
He added, "In contrast, Iraq spent 1,007 trillion Iraqi dinars during the same period, in addition to unliquidated loans ranging between 100-150 trillion dinars, which means that total spending exceeded 1,100 trillion Iraqi dinars, which is approximately equivalent to 1 trillion US dollars."
He continued, "Therefore, Iraq's annual spending rate becomes around $100 billion, which is higher than the spending rate of many developed countries, as the annual spending rate for each of the following reached: the United Arab Emirates: $65 billion, Malaysia: $82 billion, and Singapore: $77 billion."
He stressed that "although Iraq spends more than these countries, its GDP still depends almost entirely on the oil sector, compared to these countries that have succeeded in diversifying their economies to reach a GDP of $500 billion annually."
He pointed out that "the great paradox lies in the fact that these three countries do not possess the enormous natural resources that Iraq possesses, nor do they possess the same size of the human population, and yet they were able to build strong and prosperous economies with budgets less than what Iraq spends, while Iraq is still suffering under the burden of oil control, the rentier economy, disguised unemployment, and many economic problems that are growing and getting bigger year after year."
He pointed out that "the problem was never in the resources, but in the way they were managed and employed to achieve sustainable development," adding that "Iraq needs deep economic reforms that focus on diversifying the economy, improving spending efficiency, and combating financial waste to ensure a sustainable economic future."
He concluded his post with, “Iraq needs five words mentioned by a famous program about development a few days ago, which are (a stable government to improve development management). Any loss of any word in this phrase will lead to the collapse of the entire sentence.” link
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Tishwash: US National Security Advisor to Sudan: Ending Exception for Electricity Supply from Iran Linked to Maximum Pressure Policy
Prime Minister Mohammed Shia Al-Sudani received a phone call today, Sunday, from US National Security Advisor Michael Waltz, where both sides affirmed their commitment to strengthening and deepening the strategic partnership between Iraq and the United States.
The Prime Minister's media office said in a statement received by {Euphrates News} that "the discussions focused on enhancing bilateral cooperation in the economic and security fields, as the Prime Minister affirmed Iraq's commitment to expanding economic relations with the United States, encouraging American companies to invest in the growing Iraqi market. He also reviewed the important reforms and initiatives implemented by his government to create a more stable, transparent and attractive environment for investors."
For his part, the US National Security Advisor encouraged the Prime Minister to rely more on American companies, and to work to solve the problems and remove the obstacles facing those companies operating in Iraq, including the Kurdistan Region of Iraq, to encourage them to work and invest in Iraq.
The two sides also stressed the importance of joint efforts to build a strong Iraq capable of relying on itself. The discussions also included addressing issues and the role of American companies operating in this field. In this context, the United States renewed its commitment to supporting Iraq’s energy independence and expressed its readiness to cooperate in accelerating the achievement of this goal.
Regarding the security file, National Security Advisor Waltz affirmed the United States' firm commitment to the security and stability of Iraq in the face of regional and international challenges. The two sides also stressed the importance of continuing cooperation to ensure Iraq's sovereignty and stability in the long term, especially in light of the turbulent conditions in the region.
Waltz added that ending the exemption for electricity supplied from Iran is linked to the maximum pressure policy, which confirms the importance of bilateral coordination to avoid any potential negative effects on Iraq's stability.
The call reaffirmed the strong partnership between Iraq and the United States, with both sides expressing their shared vision for a secure, prosperous, and sovereign Iraq. link
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Mot: Continue to Amazed at the ole ""History"" We Learn frum da Net!!
Mot: ole ""Mot"" Letting Yas Know
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-09-25
Good Afternoon Dinar Recaps,
THE GROWING AI ROLE IN CRYPTO – REWIRING THE LANDSCAPE The world is facing a new technological race, with AI development growing into a national priority. The recent launch of the Stargate project in the US is a high proof of that. While Trump’s presidency is still in its early stages, we can already see the emergence of a trend towards tech-centricity, as he plans to pour $500 billion worth of investments into AI infrastructure.
Good Afternoon Dinar Recaps,
THE GROWING AI ROLE IN CRYPTO – REWIRING THE LANDSCAPE
The world is facing a new technological race, with AI development growing into a national priority. The recent launch of the Stargate project in the US is a high proof of that.
While Trump’s presidency is still in its early stages, we can already see the emergence of a trend towards tech-centricity, as he plans to pour $500 billion worth of investments into AI infrastructure.
At the same time, this technological boom is set to reshape another industry – crypto.
AI (artificial intelligence) has already been introduced into crypto in the form of AI agents, trading bots, automated risk analysis and more.
The question isn’t whether AI will change crypto – it’s doing it even now.
The real question is – what does this mean for crypto and blockchain in the long run?
Will AI’s involvement strengthen this space or undermine the decentralized principles the crypto community holds dear?
Here is my take on this.
AI and crypto today – The shift has begun
The way things are now, I’d say that AI’s presence in crypto hasn’t progressed far – it’s still in the ‘infancy’ stage, so to speak.
But this state of things won’t last – progress is happening at a rapid pace.
This industry is moving beyond simple trading bots. Artificial intelligence is now being used to drive market-making strategies and risk assessment.
We are even seeing cases of decentralized venture funding powered by AI.
Projects like Moby AI, Griffain AI and HeyAnonAI are becoming more prolific – and while these are just early iterations of AI-based financial intelligence in crypto, they are already outperforming human traders in speed and efficiency.
As AI models continue to grow in complexity and gain greater autonomy, I believe that soon they will no longer just follow market trends – they will shape them.
What’s next on the horizon
The next few years will redefine what it means to participate in crypto, and AI is going to be at the center of this transformation, bringing changes in all sectors.
Autonomous AI trading agents are already optimizing market strategies in real-time with a level of speed and precision that far exceeds human capabilities.
The more these bots advance, the greater competitive edge investors and traders will get from using them.
In the field of DeFi compliance, AI-powered tools will become essential for maintaining security.
Fraud and illicit transactions are always a point of concern, but AI-driven monitoring systems can analyze activities in blockchain networks and detect suspicious patterns in real time.
This will allow them to flag potential risks before they escalate, making this space safer.
At the same time, AI-integrated DeFi services will help streamline lending and borrowing by removing human intermediaries.
AI models can be leveraged to automatically match borrowers and lenders and adjust interest rates dynamically as market conditions change.
And all of that can be done without the need for human participation.
I can also see on-chain AI agents playing a prominent part in governance.
They can provide real-time market insights, manage portfolios and even contribute to DAO decision-making by enabling more data-driven governance choices.
Beyond financial applications, AI could also solve long-standing blockchain inefficiencies.
For example, one major issue with PoW (proof-of-work) networks is high energy use.
AI can address this by analyzing and predicting network demand, dynamically adjusting energy consumption to reduce waste and optimize performance.
Moreover, AI can facilitate ‘sharding,’ where blockchain data is divided across multiple nodes, allowing parallel processing and faster transaction times.
This can help effectively scale blockchain networks, which is a critical step if cryptocurrencies are to see broader adoption.
While AI today is still only a support tool, incapable of truly making effective decisions in place of humans, it will not always be so.
To my mind, AI has all the chances of evolving into a dominant force that will actively shape the future of DeFi.
The risks – Can AI undermine decentralization
While AI promises a great upturn in efficiency, it is admittedly not without risks. And one of the biggest threats that I can foresee now is AI-driven market manipulation.
Imagine a scenario where AI-powered trading firms control DeFi, making it that much harder for retail investors to compete.
This is already something that we’re seeing in TradFi (traditional finance), as high-frequency trading firms use AI to exploit market inefficiencies.
The same could happen in DeFi, resulting in an arms race between AI bots, while human traders remain outmatched and essentially get left behind.
That said, DeFi has a bit of an advantage in this regard. Its high spreads and transaction fees act as a natural barrier against immediate AI domination.
Since trading bots in DeFi must deal with significant costs, it creates a chicken-and-egg situation.
As long as fees and spreads remain high, AI-driven trading won’t scale easily. And on the other hand, without a large trading volume, those costs will stay high.
This may actually prevent AI-driven market manipulation, since everyone in DeFi has to operate on equal terms.
Beyond that, there’s also the issue of AI-generated smart contracts to consider. AI can write entire contracts, but what happens if those contracts contain hidden vulnerabilities?
Hackers could exploit AI-generated code, using adversarial inputs to bypass security audits.
A single compromised AI-generated contract could mean millions of dollars’ worth of losses in crypto assets.
This is a threat that DeFi developers will have to take very seriously – you absolutely should not rely on AI to write the code for you.
The future of AI and crypto
The AI race is not just a competition for dominance between nations – the real battle is between open-source and closed-source AI.
The introduction of DeepSeek R1 has already become the basis for a major shift in this regard.
It broke traditional assumptions about AI development, proving that billion-dollar budgets of BigTech companies aren’t always necessary for groundbreaking innovation to take place.
AI development is no longer centralized, and I think that open-source models could align well with crypto’s values, as opposed to a more centralized approach.
The idea that AI will take over the crypto sector is no longer a matter for debate. The only question now is how fast it will happen.
@ Newshounds News™
Source: DailyHodl
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COINBASE HIRING SPREE: 1,000 JOBS INCOMING AS CRYPTO REGULATIONS IMPROVE
Coinbase is preparing to grow. In 2025, the company intends to add 1,000 new workers in the US, according to CEO Brian Armstrong. This decision comes as the nation’s cryptocurrency laws become more defined, allowing businesses like Coinbase to function with greater assurance.
A Change In Regulations Instills Confidence
Armstrong claims that the additional hires are a direct result of US President Donald Trump’s administration’s improved crypto laws. The CEO attributed Coinbase’s expansion into the US to the government’s efforts to provide a more transparent environment for the sector.
Compared to prior years, this is a significant shift. Tough market conditions forced the exchange to lay off 1,100 workers in 2022, or around 18% of its global workforce. Now that the legal landscape is more solid, Coinbase is adopting a new strategy by investing in new manpower.
SEC Steps Back From Enforcement
Another major development is the US Securities and Exchange Commission (SEC) dropping its enforcement action against Coinbase. This means that instead of the SEC making regulatory decisions, Congress will now take charge of setting crypto laws.
For Coinbase, this change eliminates a major barrier. The company can now concentrate on business expansion rather than legal disputes as the SEC is no longer putting any legal pressure on it. Armstrong’s announcement of onboarding new staff reflects this renewed optimism.
White House Crypto Conference Affects Choices
The disclosure came after Friday’s Crypto Summit at the White House. Government representatives and business executives gathered at the summit to talk about how to regulate digital assets in a way that benefits investors and companies alike. According to Armstrong, the conversations influenced Coinbase’s employment decisions.
Crypto supporters have long pushed for clearer rules in the US. Many believe that regulation will help the industry grow while ensuring companies operate within legal boundaries. Armstrong’s remarks indicate that the government is finally moving in the right direction.
A Positive Turn For Coinbase?
According to the employment timeline, Coinbase is in a better situation than it was a few years back. The company has been through layoffs, legal battles, and market downturns. Now, though, with regulatory clarity and less SEC intervention, the company now has its sights set on expansion.
All eyes will be on the crypto exchange behemoth as it prepares to accept a new batch of workforce.
@ Newshounds News™
Source: Bitcoinist
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BRICS MAY BE IN TROUBLE AS EXPERTS PROJECT ‘TARIFF-DRIVEN’ US DOLLAR SURGE
Although we are just two months into the year, geopolitical tension has reached a fever pitch. With the United States adopting an aggressive economic policy, a host of nations are concerned over a brewing trade war. However, it could work out in their favor, as BRICS may be in trouble with experts projecting a potential tariff-driven US dollar surge.
Under the direction of US President Donald Trump, the nation is enacting a host of tariffs through new policy. Indeed, it is not only BRICS, as Mexico and Canada have suffered from the new administration’s effort to balance trade. In turn, it could have a positive effect on the US dollar.
BRICS and Global Market Could See US Dollar Enjoy Tariff-Driven Surge
Since his return to the White House, Donald Trump has sought to do away with decorum and delicacy. In an effort to balance the nation’s international standing, Trump has adopted increased import taxes on a host of countries. The question is, will it pay off?
The answer could surprise many. Indeed, BRICS may be in trouble as experts project a ‘tariff-drive’ US dollar surge in the near future. If it does take place, it could see the President rewarded for his policy and ensure the reserve status of the greenback, something that Trump has focused on since his return.
According to Goldman Sachs analysts, the US dollar could increase from protectionist trade policies. Moreover, the movement could make the asset even more attractive to currency traders, experts state.
The bank states that entities that take long positions in the US dollar will see increased profits as tariffs strengthen its appeal. This could be dangerous for the BRICS group. Not only does it reinforce increased tariffs, but it reverses the work they’ve done in the last several years to de-dollarize global markets.
@ Newshounds News™
Source: Watcher Guru
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“Bits and Pieces” in Dinarland Sun. Afternoon 3-9-2025
KTFA:
Clare: Mechanism for publishing data on buying and selling foreign currencies
3/9/2025
The Central Bank of Iraq explains the mechanism for publishing data on the sale and purchase of foreign currencies from the daily bulletin to the monthly report, which will include:
- Total enhancement of bank balances abroad.
- Settlements of electronic payments abroad.
- Cash sales.
KTFA:
Clare: Mechanism for publishing data on buying and selling foreign currencies
3/9/2025
The Central Bank of Iraq explains the mechanism for publishing data on the sale and purchase of foreign currencies from the daily bulletin to the monthly report, which will include:
- Total enhancement of bank balances abroad.
- Settlements of electronic payments abroad.
- Cash sales.
The bank confirms that this decision came in conjunction with the transition from the electronic platform mechanisms to the mechanisms for enhancing the balances of authorized Iraqi banks with correspondent banks, and that the process of enhancing banks does not reflect the daily sales of bank customers until the operations are actually realized.
It draws attention to the Central Bank of Iraq's possession of sufficient foreign reserves to meet all official requests for foreign currency, which enhances confidence in the national currency.
Noting that the report scheduled to be published next month will include details of external transfer operations
in terms of (amounts, the most prominent imported goods and materials, the most prominent countries from which they were imported.
Central Bank of Iraq
March 5, 2025
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Clare: Parliamentary Finance: The budget is technically ready and its delay may be deliberate
3/9/2025 Information / Special..
Member of the Parliamentary Finance Committee, Moeen Al-Kazemi, called on the government today, Sunday, to expedite sending the budget tables for the year 2025 to Parliament, stressing that its delay may be deliberate, as happened last year.
Al-Kazemi explained in a statement to / Al-Maalouma / agency, that “the Ministry of Planning has all the priorities and indicators related to the projects investment aspect, including the needs of ongoing and new projects, which allows the government to quickly prepare the required tables.”
He added that "the Ministry of Finance has a clear vision of the operational aspect, including salaries, consumer expenditures, the food ration, and governing and sovereign expenditures, which means that the government is able to complete the tables within just one week."
He stressed "the need to avoid any unjustified delay in sending the tables," warning of "the impact of this on approving the budget on its scheduled date."
He called on the government to "expedite sending the budget tables for the year 2025 to Parliament and assume its responsibilities to ensure the stability of the financial and economic conditions in the country."
It is noteworthy that the House of Representatives had previously voted on the budget amendment law, and sent it to the government with the aim of sending the budget tables. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Article: "INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”. Yes, only 2.8% and this is fantastic and amazing news since this is way in line with acceptable inflation rates for country, according to the IMF...
Frank26 Article: "Evaluation of the Central Bank's journey in 22 years" This article...is very tedious...It is a climax...summary...of what the monetary reform has done for the banking system...purchasing value... currency itself...exchange rate...all of this. The whole monetary reform education that has been presented up to this date...behold. Who is this coming from? The CBI. To who? The citizens of Iraq. For what reason? Because they've been educated on what they're about to receive and do. This is a wonderful summary...
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MARKET CRASH 2025: The Everything Bubble Is Bursting
ITM Trading: 39-2025
A market crash in 2025 may be closer than you think, as reckless stock market speculation and soaring debt push the economy to its breaking point.
With the top 10% pulling back spending and confidence in the U.S. financial system unraveling, this could be the final trigger for a global monetary reset.
Watch now to find out what’s coming next.
GOLD: Dollar COLLAPSE Is A Process, It Is THAT Obvious | Taylor Kenney
GOLD: Dollar COLLAPSE Is A Process, It Is THAT Obvious | Taylor Kenney
Taylor Kenny: 3-8-2025
In this interview, Taylor Kenney from ITM Trading explains why the US dollar is losing value and how gold remains a reliable store of wealth.
She discusses rising debt, market volatility, and the impact of tech trends on our economy, offering clear insights for today’s investors.
GOLD: Dollar COLLAPSE Is A Process, It Is THAT Obvious | Taylor Kenney
Taylor Kenny: 3-8-2025
In this interview, Taylor Kenney from ITM Trading explains why the US dollar is losing value and how gold remains a reliable store of wealth.
She discusses rising debt, market volatility, and the impact of tech trends on our economy, offering clear insights for today’s investors.
00:00 - Is Gold True Money?
00:32 - Introduction to Taylor Kenney
01:56 - Taylor’s Personal Journey to Gold
03:21 - The Truth About the Dollar Collapse
04:45 - U.S. Job Market Concerns
06:49 - Daily Economic Indicators to Watch
07:42 - Timing of the Dollar’s Decline
09:01 - BRICS & De-Dollarization
10:51 - Economic Acceleration & Instability
12:23 - Can AI Save the U.S. Economy?
16:19 - Why Is Gold Rising Now?
20:04 - Could Gold Be Revalued?
24:54 - Dollar vs. Gold: Complex Relationship
26:22 - Silver’s Potential in This Market
29:28 - Is It Too Late to Buy Gold?
30:28 - Investor Sentiment on Gold and Silver
32:27 - What Could Derail Gold’s Rally?
News, Rumors and Opinions Sunday 3-9-2025
KTFA:
Frank26: "AL-SUDANI KNOWS WHOSE SIDE HE IS ON"......F26
America calls on Iraq to end dependence on Iranian energy and welcomes Al-Sudani's commitment
3/6/2025
The US State Department called on Iraq to stop relying on Iranian energy sources "as soon as possible."
In response to whether Washington has reached a deal to renew Iraq's exemption from sanctions on Iranian gas imports, which expires tomorrow, Saturday, US State Department spokeswoman Tammy Bruce said, "At this point, we have nothing to announce regarding the current electricity exemption, which expires on March 8."
KTFA:
Frank26: "AL-SUDANI KNOWS WHOSE SIDE HE IS ON"......F26
America calls on Iraq to end dependence on Iranian energy and welcomes Al-Sudani's commitment
3/6/2025
The US State Department called on Iraq to stop relying on Iranian energy sources "as soon as possible."
In response to whether Washington has reached a deal to renew Iraq's exemption from sanctions on Iranian gas imports, which expires tomorrow, Saturday, US State Department spokeswoman Tammy Bruce said, "At this point, we have nothing to announce regarding the current electricity exemption, which expires on March 8."
"We are reviewing all existing sanctions waivers that provide any measure of economic and financial relief," she added.
The spokeswoman welcomed the commitment of Iraqi Prime Minister Mohammed Shia al-Sudani "to achieve energy independence," expressing her hope that the United States would lead the way when it comes to this type of approach.
Iraq currently produces 27,000 megawatts of electricity through stations, most of which operate on gas, but the production capacity sometimes drops to 17,000 megawatts.
This amount, at its maximum, does not meet the country's electricity needs, as Iraq needs to increase production to reach 40,000 megawatts in order to ensure the provision of energy around the clock.
To solve this crisis, Iraq resorted to importing quantities of Iranian gas, which threatened to expose it to US sanctions, before the United States granted it an exemption that is renewed periodically.
With US President Donald Trump returning to power, he pledged to pursue a policy of "maximum pressure" towards Iran. As a result, the Iraqi government asked the new US administration to extend the waiver granted by the previous administration, according to previous statements by Al-Sudani in an interview with Asharq.
Al-Sudani touched on the issue of ending dependence on Iranian supplies during the interview, noting that the country plans to completely end gas imports by 2028, adding: "There will be clear energy independence."
He continued: "Ultimately, we need this exception to continue throughout this period. At the same time, we have started the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers."
This is not the first statement of its kind, but rather comes just days after US Secretary of State Marco Rubio called Iraqi Prime Minister Mohammed Shia al-Sudani, where they discussed Iranian influence in the region, and Rubio urged Iraq to "achieve energy independence."
The new US statement may not mean that Washington will not renew the exemption granted to Iraq, but it indicates increased pressure on Baghdad to get rid of these supplies.
The comments come hours after US Treasury Secretary Scott Besant confirmed that the US would tighten sanctions on Iran, adding that the US would “shut down” the country’s oil sector using “pre-determined criteria and timelines.” He hinted that “making Iran bankrupt again would be the beginning of our updated sanctions policy.”
The Treasury secretary suggested that the United States could work with “regional actors” to help Iran get its oil to market. One of those countries is likely to be Russia, which earlier this week signaled its willingness to help the United States in talks with Iran over ending its nuclear program and its support for anti-American regional proxies.
“Treasury is prepared to engage in frank discussions with these countries,” Bessent said. “We will work to shut down Iran’s oil sector and drone manufacturing capabilities.” LINK
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Frank26: "SECURITY & STABILITY FOR THE MONETARY REFORM COMES IN MANY WAYS".....F26
Trump reveals he sent a letter to Iran to negotiate on the "nuclear"
3/7/2025
US President Donald Trump announced on Friday that he had sent a letter to Iran to negotiate an agreement on nuclear weapons .
Trump said during an interview with Fox Business that he wants to negotiate an agreement regarding the nuclear weapons program .
"I sent a letter yesterday, Thursday, to the leader of Iran to negotiate an agreement," he added, expressing his hope to negotiate an agreement regarding the nuclear weapons program with Iran .
Bloomberg reported last Tuesday that Russia had agreed to help the Trump administration communicate with Iran on various issues, including Tehran's nuclear program and its support for anti-US proxies in the region .
"Russia believes that the United States and Iran should resolve their common issues through negotiations. Moscow is ready to do everything in its power to help achieve this," Kremlin spokesman Dmitry Peskov was quoted as saying by Bloomberg, which was circulated by Russian state media. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man The informal market are now feeling the pinch because they're having a harder time to get the dollar...They're going to have to pay a lot more for it...You can go to the central bank and get it for 1320 instead of 1460, 1500, 1600...but it's probably going to climb. Are we concerned about it? No. Because the parallel market is insignificant in comparison to the total market...It's about 5%. 95% of the people that are doing business are doing it properly which is huge.
Fnu Lnu I reported some time back that Maliki had been caught with a jet filled with Dinar attempting to depart for Switzerland. The jet was initially detained but ultimately allowed to depart Iraq. I saw video of the detainment and the interior of the plane and judging by the volume of Dinar onboard, it had to be multiple trillions of dinar. Now Iraq wants it back. Article: "Iraq's Federal Commission of Integrity (COI) has called on United Nations Convention Against Corruption (UNCAC) member states to enhance legal cooperation in recovering stolen assets and illicit funds...Swiss Ambassador Daniel Hunn...praised Iraq's reconstruction efforts...affirming Switzerland's readiness to cooperate in recovering stolen assets...and confirmed that Swiss authorities are actively working with Iraq to facilitate the repatriation of funds".
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Market Bottomed For Now, Bigger Bubble Crash Awaits | Milton Berg
David Lin: 3-8-2025
Seeds of Wisdom RV and Economic Updates Sunday Morning 3-09-25
Good Morning Dinar Recaps,
TRUMP ADMINISTRATION SPURS CREDIT UNIONS' RETURN TO CRYPTOCURRENCY
DALLAS—The Trump Administration is bringing more credit unions back to offering cryptocurrency, says Bank Social, which offers advice to CUs considering stepping into this space.
The return to offering the service by more credit unions follows a sharp decline in cooperatives offering crypto services to members following the collapse of FTX in late 2022 and the sudden departure of NYDIG within the CU industry not long afterward.
Good Morning Dinar Recaps,
TRUMP ADMINISTRATION SPURS CREDIT UNIONS' RETURN TO CRYPTOCURRENCY
DALLAS—The Trump Administration is bringing more credit unions back to offering cryptocurrency, says Bank Social, which offers advice to CUs considering stepping into this space.
The return to offering the service by more credit unions follows a sharp decline in cooperatives offering crypto services to members following the collapse of FTX in late 2022 and the sudden departure of NYDIG within the CU industry not long afterward.
Becky Reed, COO of crypto platform Bank Social, said the two primary reasons credit unions are coming back is the Trump Administration’s pro-crypto agenda and its emphasis on deregulation.
“The last six months we have seen interest begin to gain ground in digital assets—not just for investing but for payments, fractional lending and more,” said Reed.
GlobalData banking analyst Harry Swain said FIs could face fewer crypto regulatory hurdles under the Trump Administration.
“As you'll, recall back in 2022 there was quite a bit of interest in cryptocurrency among credit unions, and there were some folks in the credit union space offering a crypto wallets, including us,” Reed said. “And then, FTX happened, and everyone kind of scattered to the wind.”
What also left a bad taste in the mouths of credit unions regarding digital currency is crypto platform NYDIG backing out of its agreements with credit unions in late 2023—forcing many members to sell their cryptocurrency—some at a loss—damaging member relationships with CUs that had been working with NYDIG.
Non-Custodial Crypto Wallet
Bank Social offers a non-custodial crypto wallet, where consumers control their digital money, not the crypto platform, owning their currency from day one.
“Credit unions were really starting to see the use cases for crypto. In fact, when I would speak at meetings I would ask people, just like I did in ’22 and ’23, how many people in the room felt like crypto was a scam. In ’22 and ’23, a third to half the room would raise their hands. Now, no one is raising their hand,” Reed said. “People are starting to understand that crypto is not just about speculative investing, but there are real use cases.”
Reed pointed to the momentum that has been building for cryptocurrency, noting that an a16Z study on the state of crypto in 2024 shows that in the second quarter of 2024, dollars in stablecoin transactions exceeded total Visa dollars.
“In the same period, Visa had more transactions. But, the transaction dollars are smaller,” Reed said. “The dollars in crypto transactions are massive.”
Reed said to expect crypto to lead to market disruption this year.
“I believe the theme song for 2025 is going to be payments, and of course cryptocurrency and stablecoins,” Reed said. “With the Trump Administration there's going to be a more bullish approach to crypto adoption, because, as you know, the FDIC has come out and said you don't want to play in this space unless you get our permission.”
Reed pointed out that credit unions have taken a wait-and-see approach, adding that NCUA has said to do what's best for members, making sure the CU is doing its due diligence.
“The message to credit unions is don't be afraid to test, try, pilot,” she said.
Reed asserted that every candidate from the November elections that had a pro-crypto stance was elected.
“That speaks about what is actually happening on the ground,” Reed said. “Here at Bank Social, we already started to see more interest in crypto among credit unions before the election.”
Bullish Prediction
Reed explained that Bank Social had about 25 credit unions in its pipeline when the FTX collapse happened, and only about five moved forward afterward.
“Today, several dozens of credit unions are interested,” Reed said. “We are getting calls from credit unions about once a day. I am being bullish on this prediction, but by the end of ’25 I project we will be working with more than 100 credit unions.”
Reed shared advice for credit unions considering playing in the crypto space.
“Credit union leadership, as well as boards, need to have what I call a digital roadmap that includes all things digital,” she said. “Credit unions these days, and all financial institutions, are really interacting with their members in the digital world.”
Reed said CUs must be learning how cryptocurrency fits best into what their members are doing.
“Are their members using it as an investment? Or are they using it as a basis for payments? Can they hold stablecoin deposits? They need to understand the ownership economy of Web3, union boards don't know what Web3 is,” she said. “I think it's important to understand that's the next iteration, the next wave of the Internet.”
@ Newshounds News™
Source: CU Today
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BRICS: WHY CRYPTO MAY BE CLEAREST PATH THROUGH US TRADE WAR
2025 has come with rising geopolitical tensions that have created no shortage of uncertainty for global markets.
However, with BRICS and the United States set to face reciprocal tariffs, crypto may be the clearest pay through a US-driven trade war. Indeed, the emerging asset class could provide something that both sides want.
US President Donald Trump has maintained his aggressive economic policy stance since returning to the White House.
Specifically, he has targeted the growing BRICS economic alliance. With his eyes set on securing the end of de-dollarization and the global south seeking alternate trade currencies, they could have a joint solution in digital assets.
BRICS & US Could Use Crypto to Find Way Through Budding Trade War
Donald Trump’s contentious relationship with the BRICS alliance is undeniable. The economic bloc has been on the receiving end of several threats, as the President has promised to levy 150% tariffs on the collective. Specifically, he has targeted the group for its past attempts to de-dollarize global markets.
However, there could be a solution present for both sides. For BRICS, crypto may be the clearest path through a potential US trade war. Indeed, the asset class may provide a simple answer that gets both sides what they want, in the short and long term.
Trump’s main point of issue with BRICS is its efforts to move away from the US dollar. However, his weaponization of it reaffirms the necessity of that action. Moreover, the alliance has recently affirmed its decision to find alternative trade settlement currencies outside of the greenback.
Bitcoin could be an answer worth exploring for both sides. Adoption of the digital currency could ensure that the blocs don’t disregard the US dollar in favor of an alliance-denominated asset. Meanwhile, it is still a de-dollarization shift in its truest sense
Alternatively, the Trump administration has shown an affinity for Bitcoin. With a BTC reserve strategy to be released today, the adoption of the asset class could be beneficial to the United States.
A common ground in promoting the use of Bitcoin on a global scale could be the best answer to curtail any brewing trade war between the US and BRICS.
@ Newshounds News™
Source: Watcher Guru
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“Tidbits From TNT” Sunday Morning 3-9-2025
TNT:
Tishwash: Until further notice.. Parliament postpones its session
The Media Department of the Council of Representatives announced today, Saturday, the postponement of the parliamentary session until further notice.
The media department of the House of Representatives stated in a statement received by / Al-Maalouma / that “Parliament postponed its session until further notice due to the lack of a legal quorum.”
It is noteworthy that the State of Law and Al-Sadiqoun parliamentary blocs have announced a boycott of the sessions of the House of Representatives until the Popular Mobilization Law is included in its regulations.
TNT:
Tishwash: Until further notice.. Parliament postpones its session
The Media Department of the Council of Representatives announced today, Saturday, the postponement of the parliamentary session until further notice.
The media department of the House of Representatives stated in a statement received by / Al-Maalouma / that “Parliament postponed its session until further notice due to the lack of a legal quorum.”
It is noteworthy that the State of Law and Al-Sadiqoun parliamentary blocs have announced a boycott of the sessions of the House of Representatives until the Popular Mobilization Law is included in its regulations. link
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Tishwash: Parliamentary Oil Committee reveals urgent solutions for Iranian gas
The Parliamentary Oil and Gas Committee revealed, on Sunday, the Iraqi government's intention to import Gulf gas instead of Iranian gas after the recent US sanctions, announcing a project that is being worked on at high speed in Basra, the far south of the country.
The spokesman for the committee, Ali Shaddad, said, "The problem with the Ministry of Electricity is that it has established stations in the Iraqi provinces that depend on gas only, while the stations in Basra are complex and operate on gas, crude oil, and black oil, and this is what contributed to the stability of the electrical system in the province."
He explained that "the Prime Minister personally follows up on the completion of the gas pipeline project from the floating platform in Basra on a daily basis," indicating that "the Ministry of Oil began working on it about thirty days ago and it will be completed at high speed within 120 days."
He added that "the completion rate has exceeded 30% so far," stressing that "the project will contribute to transporting Gulf gas in quantities of up to 200 cubic meters link
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Tishwash: Regional oil companies seek agreements to resume oil exports.. and America is "interested" in reopening the Ceyhan pipeline
The global oil company, APIKUR, operating in the Kurdistan Region, seeks to sign clear agreements with Baghdad and Erbil that guarantee the payment of its past and future financial dues in preparation for the resumption of oil exports, as it confirmed that the United States is still very interested in reopening the Iraq-Turkey Ceyhan export pipeline from the Kurdistan Region’s fields.
In an interview with the K24 news website, translated by (Al-Mada), the spokesman for the APIKUR group, Miles Caggins, described the recent meeting in Baghdad as a step forward in discussing the resumption of oil exports from the Kurdistan Region, stressing the need for clear agreements and written guarantees.
Caggins said in a statement to the news website that the meeting allowed the member companies of the APIKUR group to directly convey their conditions to the federal government authorities in Baghdad and the Kurdistan Regional Government.
Among the main issues discussed in the meeting was the selection of an international consultant to evaluate the costs of oil production and export.
The APIKUR group has urged the Iraqi government to define the scope of the consultant’s work, his responsibilities, and the timetable for his activity. The Epicor Group provided the Ministry of Natural Resources of the Kurdistan Regional Government with a list of independent experts specialized in the assessment process.
The report indicated that other meetings are planned to establish agreements through which oil exports can be allowed to resume through the Iraq-Turkey Ceyhan export pipeline, which is a priority emphasized by Iraqi Prime Minister Mohammed Shia al-Sudani.
The member companies of the APICORP group called for the conclusion of transparent and fair agreements regarding future financial payments, in addition to settling and paying the debts due for invoices amounting to $1 billion.
Caggins, an APICORP spokesman, said: “We need written guarantees and we have proposed solutions,” noting that “APICOR is open to receiving financial payments, whether through the companies selling their allocations of produced oil, or through cash payments through escrow accounts to ensure that the amounts due are paid on time.”
He stressed the need for “financial agreements not to be affected by political aspects and atmospheres.”
While Turkey announced that the Iraq-Turkey Ceyhan pipeline is ready for operation following inspections, the APICORP group stressed the need for agreements between Baghdad and Erbil to allow exports to resume.
The APICORP spokesperson highlighted the strategic importance of oil exports from both the Kurdistan Region and southern Iraq, stressing that a stable energy sector would strengthen the country’s economic and security position.
He also reiterated that APICORP has no oversight role over exports, which are the responsibility of the State Oil Marketing Organization (SOMO) and the Iraqi Ministry of Oil.
Caggins added that the United States remains very interested in reopening the export pipeline, and that the Trump administration is discussing the matter with the previous administration. Given the important development, and the humanitarian and military assistance that the United States provides to Iraq, APICORP calls on the Iraqi authorities to treat American and other foreign oil companies fairly, especially those operating in the Kurdistan Region.
“The only obstacle to resuming oil exports is the need for clear agreements,” Caggins stressed, noting that “a simple three-page document could solve the problem and allow exports to resume according to standard commercial procedures and practices.”
While negotiations on this matter continue, the Epicor Group expressed its readiness to meet again and reach an agreement that benefits all parties.
Oil exports from the Kurdistan Region’s fields via the Iraq-Turkey-Ceyhan pipeline were halted on March 23, 2023, following a ruling by the International Chamber of Commerce in Paris in favor of Baghdad against Turkey for facilitating oil exports between 2014 and 2018 without the approval of the federal government. Turkey must pay Iraq $1.5 billion in outstanding amounts, according to the court ruling, which Turkey refused to implement and closed the pipeline.
Reports indicated that the chronic closure of the Ceyhan export pipeline has caused significant losses to both Baghdad and Erbil, as it has halted crude oil exports at a rate of 450,000 barrels per day, a figure that represents 0.5% of global market supplies. link
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Tishwash: Iraq, Finland Discuss Strengthening Economic and Investment Ties
Ambassador Mohammed Hussein Bahr Aluloom, Undersecretary of the Iraqi Foreign Ministry for Bilateral Relations, met in Helsinki with Jarno Syrjälä, Under-Secretary of State for International Trade of Finland, to discuss ways to enhance economic, trade, and investment cooperation between the two countries.
Ambassador Bahr Aluloom highlighted Iraq's economic progress, emphasizing security stability and an improved business environment, which have made Iraq an attractive destination for foreign investments.
He cited the United Kingdom's decision to lower travel warnings to Iraq as an example of international confidence in Iraq's progress. The Ambassador also encouraged Finnish companies to invest in strategic projects, particularly the Development Road and the energy sector.
Under-Secretary Syrjälä welcomed Iraq's economic reforms, acknowledging their role in enhancing the investment climate. He expressed Finnish companies' interest in returning to the Iraqi market.
The two sides agreed to develop practical mechanisms to strengthen cooperation, including a delegation of Finnish companies visiting Iraq to explore investment opportunities in renewable energy, electricity, digital transformation, and artificial intelligence. link
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Mot: the ""lost an hour"" Delima!!!
Mot: . darn time change. I had to go around and fix all my clocks.
What Does Gold Revaluation Mean For The Gold Price? | Peter Grandich
What Does Gold Revaluation Mean For The Gold Price? | Peter Grandich
Liberty and Finance: 3-8-2025
Peter Grandich discusses the volatility in the stock market, attributing it to uncertainty in the economy and signs of a potential downturn.
He emphasizes the bullish outlook for gold and silver, explaining that despite recent price fluctuations, precious metals remain a strong investment due to their fundamental strength.
Grandich also touches on the financial troubles facing the U.S., particularly the unsustainable growth of national debt and the challenges of servicing interest payments.
What Does Gold Revaluation Mean For The Gold Price? | Peter Grandich
Liberty and Finance: 3-8-2025
Peter Grandich discusses the volatility in the stock market, attributing it to uncertainty in the economy and signs of a potential downturn.
He emphasizes the bullish outlook for gold and silver, explaining that despite recent price fluctuations, precious metals remain a strong investment due to their fundamental strength.
Grandich also touches on the financial troubles facing the U.S., particularly the unsustainable growth of national debt and the challenges of servicing interest payments.
He predicts that geopolitical tensions, such as those in Ukraine and the Middle East, could further drive gold prices higher. Overall, Grandich’s insights suggest a cautious view of the stock market while highlighting precious metals as a safer haven amid economic and political instability.
Grandich didn’t shy away from addressing the elephant in the room: the precarious financial situation of the United States. He pointed to the unsustainable trajectory of the national debt, highlighting the looming challenges of servicing the ever-increasing interest payments.
This growing debt burden, he argued, is a major vulnerability that could exacerbate any future economic downturn.
Furthermore, Grandich believes that escalating geopolitical tensions will further fuel the demand for gold. He specifically mentioned the ongoing conflicts in Ukraine and the Middle East, suggesting that these volatile situations will drive investors towards the perceived safety and stability of gold, ultimately pushing prices higher.
In essence, Peter Grandich’s appearance on Liberty and Finance provided a sobering assessment of the current economic landscape.
He painted a picture of a stock market fraught with volatility and potential risks, while simultaneously championing gold and silver as a more prudent investment strategy in the face of economic and political turmoil. His insights underscore the importance of cautious financial planning and a diversification strategy that includes precious metals as a hedge against potential losses.
For investors seeking shelter from the storm, Grandich’s analysis suggests that gold and silver offer a beacon of stability in an increasingly uncertain world.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Stock market volatility
4:00 Gold market
6:13 Stock market outlook
8:05 Miners
11:17 Geopolitics
14:50 London gold outflows
17:40 Gold revaluation
20:46 National debt
23:34 Debt & the Bible
More News Rumors and Opinions Saturday PM 3-8-2025
KTFA:
Clare: Iraq extradites suspects in 'theft of the century' from Kuwait
3/8/2025
The Iraqi Integrity Commission announced on Saturday the extradition of two of the accused in the case of stealing tax deposits, known in the media as the "theft of the century", from the authorities in the State of Kuwait.
The Authority stated in a statement today that it was able to recover the managing director of a private company for general trade and contracting limited and his agent accused in the case of stealing tax deposits, noting that their role in the case was to receive very large sums of money in order to facilitate the procedures for disbursing the stolen deposits
KTFA:
Clare: Iraq extradites suspects in 'theft of the century' from Kuwait
3/8/2025
The Iraqi Integrity Commission announced on Saturday the extradition of two of the accused in the case of stealing tax deposits, known in the media as the "theft of the century", from the authorities in the State of Kuwait.
The Authority stated in a statement today that it was able to recover the managing director of a private company for general trade and contracting limited and his agent accused in the case of stealing tax deposits, noting that their role in the case was to receive very large sums of money in order to facilitate the procedures for disbursing the stolen deposits.
The Authority noted its procedures that resulted in the extradition of the accused, which consisted of organizing an extradition file against them and sending it to the Public Prosecution Office, explaining that after follow-up and coordination with the relevant authorities, including the Arab and International Police Directorate at the Ministry of Interior and the efforts of the Iraqi Embassy in the State of Kuwait, an international red notice and search warrant were issued against the accused.
She pointed out that they were arrested in the State of Kuwait, which handed them over to the Republic of Iraq through diplomatic channels.
She pointed out that the judge of the Second Karkh Investigation Court had previously issued an arrest warrant against the accused, based on the provisions of Article (11/444) of the Penal Code, after reviewing the testimony of some of the accused in the case and the witnesses.
At the end of 2024, the Iraqi judiciary issued an in absentia prison sentence for a number of defendants accused of stealing tax deposits, known in the media as the “theft of the century,” including the first defendant, Nour Zuhair, and a former MP.
According to a judicial source, who spoke to Shafaq News Agency, "The Karkh Criminal Court for Combating Corruption settled the cases related to the theft of (tax deposits), and issued sentences of ten years in prison against the accused Nour Zuhair, six years in prison against the accused Raed Juhi, and a number of employees who participated in the crime, and three years in prison against the former member of the House of Representatives, Haitham Al-Jubouri."
In 2022, it was announced that more than 3 trillion Iraqi dinars ($2.5 billion) had been lost from tax deposits, through a coalition of 5 oil companies using fictitious bonds.
Following this, an order was issued to summon officials close to former Prime Minister Mustafa Al-Kadhimi, including Finance Minister Ali Allawi, the Director of the Prime Minister’s Office, Raed Juhi, and others.
On October 24, 2022, Nour Zuhair was arrested, as he heads the board of directors of one of the companies involved in the case, and was later released on bail, after Prime Minister Mohammed Shia al-Sudani announced the recovery of 5% of the amount, in exchange for Nour Zuhair’s pledge to hand over all the stolen amounts within days.
The Anti-Corruption Court set August 14, 2024 as the date for Nour Zuhair’s trial, but the trial was postponed several times due to the defendant’s absence. LINK
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Clare: Al-Alaq: We will witness a comprehensive digital transformation in the financial sector
3/8/2025 Baghdad
The Governor of the Central Bank, Ali Al-Alaq, announced on Saturday that banks are close to being converted into smart platforms using artificial intelligence, noting that Iraq will witness a comprehensive digital transformation in the financial sector.
Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "despite the great strides that have been made to activate electronic payment methods, which are a fundamental step in the digital transformation, we will soon put this stage behind us, because even the current electronic payment methods and tools are being changed and developed very quickly."
He pointed out that "soon we will notice a big difference in the tasks and functions of banks, and we will see many banks changing the nature of their work, and there will be a digital financial identity for every citizen through which he can conduct many operations in his accounts or check his balances or even invest inside and outside Iraq," stressing that "banks will soon turn into smart platforms that organize financial operations and benefit from technologies and artificial intelligence."
He added that "this great work is accompanied by the work of the Central Bank, like other central banks, in thinking about having a digital currency under the supervision of the Central Bank. We are not talking about encrypted currencies that are outside the framework of central banks, but rather about a digital currency issued by the Central Bank, and this is a major work being done in the Central Bank in coordination with international and Arab organizations and specialized bodies, and directly with the Arab Monetary Fund."
He continued: "We believe that this trend will be the one that will be imposed in the near future, and this represents solutions to major economic, financial and social problems, and will also establish a strict framework for monitoring funds and limiting corruption, money laundering and financing terrorism, because all financial movements will be within a strict and transparent system that can monitor all financial operations, and at the same time facilitates its holders to conduct extensive operations even in other countries of the world."
He added: "We expect that young people will benefit, through the tools and human resources that we have, from these tools. Indeed, we are following that many young people are investing through these portfolios and tools in various fields outside Iraq, but some need to be careful and cautious because there is a lot of fraud that occurs, and we are working to prevent citizens from falling victim to any fraud." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "What do you mean by 'Budget tables'? Budget table is where the exchange rate is at that will fund the budget...They're being kept quiet, very private right now because it protects the new exchange rate from the evil that has always stolen.
MarkZ [via PDK] In Iraq: “Parliamentarian: Budget tables have not reached the finance committee so far” We are all wondering why? There is one very obvious answer to this question. It may have a rate change in it. I am hearing from contacts in Iraq-they continue to delay until they are allowed to release …because there will be rates in there. I hope it is accurate and it makes a lot of sense.
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In 90 days, this idea will outweigh silver, and the Iraqi Dinar
Economic Ninja: 3-8-2025
CBI Makes Two Announcements: Gold | Digital Currency
Edu Matrix: 3-8-2025
In this compelling video, we dive into the Central Bank of Iraq's astonishing 45.1% increase in gold reserves in Q4 2024, a surge that could have worked wonders for your investments! Discover how investing in gold—even as little as $10 a month—can shield you from economic uncertainties.
We’ll also explore the implications of the recent trends in Iraq's banking system and digital payment advancements. Is now the time to invest in gold?
What insights can we draw from the Netflix movie "Leave the World Behind"?
The Controlled Demolition of the US Dollar’s Reserve Status
The Controlled Demolition of the US Dollar’s Reserve Status [Podcast]
Notes From the Field By James Hickman (Simon Black) March 5, 2025
Even during the darkest moments of the Biden administration—the shameful withdrawal from Afghanistan, 9% inflation, bureaucrats hell-bent on destroying the economy—I still said America’s problems were fixable.
But I didn’t see any hope in the previous administration or a prospective Kamala administration to fix things and only expected them to grow worse.
The Controlled Demolition of the US Dollar’s Reserve Status [Podcast]
Notes From the Field By James Hickman (Simon Black) March 5, 2025
Even during the darkest moments of the Biden administration—the shameful withdrawal from Afghanistan, 9% inflation, bureaucrats hell-bent on destroying the economy—I still said America’s problems were fixable.
But I didn’t see any hope in the previous administration or a prospective Kamala administration to fix things and only expected them to grow worse.
We’re now a month and a half into a new administration, and it’s fair to say some things are going very well. There are others that, depending on your view, are not.
One big concern I have is that no one is interested in reforming Social Security—a massive entitlement program whose own trustees say will run out of money over the next several years. This is a gargantuan financial crisis in the making, a ticking time bomb that no one wants to touch.
Depending on your priorities, foreign relations are also on the list of concerns.
If you're more isolationist, you might think that the unwinding of relationships and alliances is no big deal—that the world needs America more than America needs the world.
But there are consequences to that...
$28 trillion of US government debt is coming due over the next four years, and a lot of that is owned by foreign governments and central banks.
The Treasury Department needs these players to go along and reinvest—not only in America but specifically in US government bonds.
And if relationships are too fractured, they might not be willing to do that.
That could create an enormous fiscal crisis that would most likely result in a lot of inflation.
It also puts into question the US dollar’s status as the global reserve currency, which it has enjoyed for more than 80 years.
The reality, however, is that while the short-term consequences of losing reserve status could be profound, in the long term, reserve currency status is not a requirement for economic prosperity.
There are plenty of countries around the world—Taiwan, Singapore, Switzerland, etc.—that are prosperous nations and do not have the global reserve currency.
In some respects, reserve status is a huge benefit, but also a bit of a handcuff.
In today’s podcast episode, we explore what we call the “controlled demolition” of America’s reserve status—a way for America to potentially remain powerful yet lose that reserve status.
That could be the outcome over the next four years.
And today, we discuss the paths and consequences of that scenario.
Spoiler Alert: It’s probably good for gold, and possibly crypto too.
Click here to listen in to today’s episode.
(For the audio-only version, check out our online post here.)
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
The U.S. Needs a Real Gold Audit: Jan Nieuwenhuijs
The U.S. Needs a Real Gold Audit: Jan Nieuwenhuijs
Palisades Gold Radio: 3-7-2025
Tom welcomes back Jan Nieuwenhuijs to explore the dynamics of the global gold market and its implications for global monetary systems.
Key topics include the movement of gold from London to Comex, driven by concerns over tariffs and geopolitical shifts. Jan explains that this flow reflects both physical arbitrage and strategic reshuffling of gold reserves, with banks moving gold into the U.S. for potential future use or resale in Asia.
The U.S. Needs a Real Gold Audit: Jan Nieuwenhuijs
Palisades Gold Radio: 3-7-2025
Tom welcomes back Jan Nieuwenhuijs to explore the dynamics of the global gold market and its implications for global monetary systems.
Key topics include the movement of gold from London to Comex, driven by concerns over tariffs and geopolitical shifts. Jan explains that this flow reflects both physical arbitrage and strategic reshuffling of gold reserves, with banks moving gold into the U.S. for potential future use or resale in Asia.
The discussion also delves into the lack of transparency around U.S. gold audits, particularly at Fort Knox.
Jan highlights issues with the auditing process, noting that compartments have been reopened multiple times without proper justification, raising questions about the integrity of the audits.
He argues for an independent audit to ensure accountability and reassurance regarding the nation's gold holdings. Another significant point is the valuation of U.S. gold reserves at $42 per ounce, a relic from the Bretton Woods era aimed at demonetizing gold.
Jan suggests that revaluing gold could unlock substantial funds but warns this would be inflationary.
He also touches on the role of gold in China's financial strategy, noting that while official reports understate their purchases, they are actively accumulating gold to diversify away from the dollar.
Lastly, Jan concludes with the importance of tracking central bank gold buying and developments in alternative payment systems like the BRICS mBridge, which could challenge the dollar's dominance.
Time Stamp References:
0:00 - Introduction
0:54 - Tariffs & LBMA Flows
5:30 - Gold Demand & Lease Rates
9:01 - Import Code Changes
10:30 - U.S. Gold Reserve Audits
20:14 - Time Req'd to Audit
21:37 - Encumbrance Concerns
24:35 - $42 U.S. Gold Valuation
26:36 - U.S. Dollar Vs. Gold
29:09 - Revaluing & Funding
32:10 - Sovereign Wealth Fund?
33:25 - Uncertainties & Credit
37:50 - Deleveraging & Dollar
41:00 - Eastern Perspective
44:32 - China's Gold Holdings
46:30 - Gold & Dollar Flight
49:49 - Concluding Thoughts
51:30 - Wrap Up
