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Dr. Scott Young: Will the IRS Turn into the ERS on April 2?
Dr. Scott Young: Will the IRS Turn into the ERS on April 2?
3-31-2025
For years, the idea of abolishing the Internal Revenue Service (IRS) was relegated to the fringes of political discourse. But recently, the idea has gained traction, even entering mainstream conversations. Dr. Scott Young, a voice advocating for the IRS’s elimination, has been discussing this possibility for half a decade.
Now, he’s witnessing a growing chorus of voices echoing his concerns. But what’s driving this surge in anti-IRS sentiment, and what are the arguments fueling the debate?
Dr. Scott Young: Will the IRS Turn into the ERS on April 2?
3-31-2025
For years, the idea of abolishing the Internal Revenue Service (IRS) was relegated to the fringes of political discourse. But recently, the idea has gained traction, even entering mainstream conversations. Dr. Scott Young, a voice advocating for the IRS’s elimination, has been discussing this possibility for half a decade.
Now, he’s witnessing a growing chorus of voices echoing his concerns. But what’s driving this surge in anti-IRS sentiment, and what are the arguments fueling the debate?
One central argument revolves around the constitutionality of the IRS and its interpretation of the 16th Amendment. This amendment, ratified in 1913, grants Congress the power to “lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration.”
Critics argue that the IRS has overstepped its bounds in interpreting this amendment, leading to an intrusive and overly complicated tax system that exceeds the original intent.
The debate often centers on the terms “External Revenue Service” versus “Internal Revenue Service.” While the latter is the official name, some argue that the IRS’s reach extends beyond purely internal matters, impacting individuals’ economic freedoms and personal liberties in a way that aligns more closely with an “External” revenue agency. This distinction, though subtle, reflects a deeper concern about the agency’s power and scope.
Beyond constitutional and political arguments, some also bring a religious perspective to the debate. While a direct biblical mandate against taxation is difficult to find, proponents of abolishing the IRS often cite passages that emphasize personal responsibility, limited government, and the right to property.
They argue that the IRS’s extensive taxation practices conflict with these principles, hindering individuals’ ability to provide for their families and contribute to their communities.
However, it’s crucial to consider the counter-arguments as well. Proponents of the IRS argue that it is a necessary tool for funding essential government services, such as national defense, infrastructure, and social programs. They argue that without a centralized tax collection agency like the IRS, the government would be unable to fulfill its responsibilities to its citizens. They also point to the potential for increased inequality and social instability if the tax system were dismantled.
Moreover, the complexity of modern society necessitates a sophisticated tax system that can adapt to changing economic realities. Abolishing the IRS, they argue, would create chaos and undermine the financial stability of the nation.
The complexities and nuances of the debate surrounding the IRS are undeniable. It encompasses constitutional interpretations, concerns about individual liberties, and differing perspectives on the role of government. While the call to abolish the IRS may be gaining momentum, it is important to engage with the issue thoughtfully, considering both the potential benefits and the potential consequences of such a radical change.
Ultimately, the future of the IRS and the American tax system will depend on a robust and informed public discourse that weighs the competing perspectives and considers the long-term implications of any proposed reforms. This is a conversation that demands careful consideration and balanced judgment.
https://dinarchronicles.com/2025/03/31/dr-scott-young-will-the-irs-turn-into-the-ers-on-april-2/
Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 4-1-25
Good Afternoon Dinar Recaps,
US LAWMAKER WILL REINTRODUCE CRYPTO RETIREMENT BILL TO HELP TRUMP AGENDA
Senator Tommy Tuberville introduced the Financial Freedom Act in 2022 and 2023. Both times, the legislation failed to get out of committee.
For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.
Good Afternoon Dinar Recaps,
US LAWMAKER WILL REINTRODUCE CRYPTO RETIREMENT BILL TO HELP TRUMP AGENDA
Senator Tommy Tuberville introduced the Financial Freedom Act in 2022 and 2023. Both times, the legislation failed to get out of committee.
For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.
In a March 31 Fox News interview, Tuberville said he planned to reintroduce his “Financial Freedoms Act” legislation after two failed attempts to get the legislation through Congress in 2022 and 2023. In announcing the bill, the Alabama senator said he wanted to help US President Donald Trump’s perceived role as a “crypto president.”
“Give people a chance to breathe for once [...] let them do what they do best [which] is invest their money,” said the senator.
The Financial Freedom Act, which Tuberville first introduced in the US Senate in May 2022, proposed scaling back regulations with the Department of Labor over the types of investments used in 401(k) retirement plan fiduciaries. The senator said he would reintroduce the bill on April 1, but congressional records showed no movement at the time of publication.
Wyoming Senator Cynthia Lummis was a cosponsor of the 2023 bill, but at the time of publication, it was unclear whether she intended to support it again. In a 2022 interview, the Republican senator said she was “very comfortable with making sure that people can include Bitcoin in their retirement funds.”
Crypto legislation in the 119th session of Congress
The crypto retirement bill came as members of the Republican-controlled Congress considered legislation to establish market structure rules for the industry and stablecoin regulations. Proponents of the legislation have suggested that lawmakers get the bills to Trump’s desk to sign into law before the August recess. After that time, they could become more politically charged issues.
On April 1, Florida voters will decide on their House representatives in the state’s 1st and 6th congressional districts. Republicans Jimmy Patronis and Randy Fine have support from the crypto industry through media buys financed by the Defend American Jobs political action committee. As of March 22, the PAC has spent roughly $1.5 million to support the two candidates.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
BRICS PRESIDENT EYES INCREASED DE-DOLLARIZATION AS US TRADE WAR LINGERS
The ongoing tensions between BRICS and the United States continue, with the bloc’s 2025 president eyeing increased de-dollarization as a US trade war lingers. Indeed, the West and Global South have been caught in a faceoff regarding the latter’s treatment of the US dollar.
Yet, the bloc has remained steadfast in its commitment to limited exposure and reliance on the greenback. Now, it appears all the more focused on that pursuit amid a plethora of global tariffs levied by an increasingly aggressive Trump Administration.
BRICS Eyeing Increased Local Currency Trade Amid US Tensions
For years, the BRICS bloc has sought to challenge the global status quo. Specifically, it has targeted the continued dominance of the US dollar in economics, with the asset becoming far and away the predominant global reserve currency. However, with the country’s penchant to weaponize the asset, the alliance saw de-dollarization as a method to secure its best interests.
That has drawn the ire of a returning US President Donald Trump, who threatened the bloc with 150% tariffs. With aggressive economic policy becoming a hallmark of the administration, those tensions may only fast-track. Indeed, the BRICS 2025 president is seeking increased de-dollarization amid a brewing US trade war.
The alliance operates on a rotating presidency, with Brazil taking up the mantle this year. According to a recent report, the country is in favor of expanding local currency trade. Indeed, the country’s Secretary of the Finance Ministry, Tatiana Rosito, recently confirmed as much.
“The trade in local currencies is already underway, for example, between Brazil and China,” she said. “No obstacles exist to that on the side of Brazil,” she added. “Therefore, the goal of BRICS is to expand the use of local currencies in any way that will make it possible to reduce costs and will be of interest for association members.”
The questions are, will the act be seen as advancing what is in the best interest of members of the bloc? Or as an affront against the greenback? Indeed, how it is interpreted will be critical in how Trump responds.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
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Thank you Dinar Recaps
News, Rumors and Opinions Tuesday 4-1-2025
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 Tues. 1 April 2025
Compiled Tues. 1 April 2025 12:01 am EST by Judy Byington
Black Swan Events
Global Financial Crash in Motion, Along with Bank Runs
Global Currency Reset to Gold/asset-backed Currencies Worldwide Has Begun
Fasten Your Seat Belt.
The Plan Never Changed: It Was Always in April.
Trust the Plan …QFS on Telegram
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 Tues. 1 April 2025
Compiled Tues. 1 April 2025 12:01 am EST by Judy Byington
Black Swan Events
Global Financial Crash in Motion, Along with Bank Runs
Global Currency Reset to Gold/asset-backed Currencies Worldwide Has Begun
Fasten Your Seat Belt.
The Plan Never Changed: It Was Always in April.
Trust the Plan …QFS on Telegram
~~~~~~~~~~
APRIL 2: THE DAY THE SYSTEM STARTED TO CRACK …Anon
April 2 is not just a date—it’s a battlefield. In 1792, the Coinage Act established the U.S. dollar, backed by gold and silver. That day, our currency was real—not the garbage fiat they print today. Washington knew what he was doing. He knew freedom required sound money.
Fast-forward to NOW. President Donald J. Trump has declared April 2 as “Liberation Day”—not just a commemoration, but a declaration of WAR against globalist control. This is no coincidence. Trump is sending a message: we’re taking our economy BACK.
Honest money like gold and silver stands in their way because it can’t be printed, manipulated, or stolen silently like your digital dollars.
And now, they want more control. Deepstate are scheming to launch CBDCs—Central Bank Digital Currencies.
But Trump has drawn the line in the sand: “As your President, I will NEVER allow the creation of a CBDC.” He knows what it is: total surveillance and control over your money. One click, and you’re cut off. They’ll own you.
Meanwhile, Putin just dropped a bomb. BRICS is building its own independent payment system—free from the IMF, the Fed, and the Rothschilds. No more dollar. No more Western blackmail. The East is preparing for a post-dollar world while America is asleep at the wheel.
Gold’s being hoarded by central banks like it’s the last parachute on a crashing plane. They KNOW what’s coming. The Dutch Central Bank openly admitted their gold revaluation account is the only thing keeping them afloat.
This isn’t theory. It’s collapse. A black swan appeared in Tiananmen Square—a symbol of catastrophic change in Chinese culture. And guess what? Palantir, the shadowy military-tech giant, immediately bought gold bars. They’re bracing for impact. Are you?
~~~~~~~~~~
DOGE Investigations:
Mon. 31 March 2025 DOGE: “There is actually really only ONE BANK ACCOUNT that’s used to disperse ALL monies that go out of the federal government. It’s a big one — A couple weeks ago it had $800 billion in it, it’s the treasury general account. We’re serving 580+ agencies. And up until very recently, effectively they could say, make the payment and Treasury just sent it out as fast as possible. NO VERIFICATION. There’s a $500 billion of fraud every year. There’s hundreds of billion dollars of improper payments and we can’t pass an audit. The consolidated financial report is produced by treasury and we cannot pass an audit.” …Julian Assange on Telegram
Read full post here: https://dinarchronicles.com/2025/04/01/restored-republic-via-a-gcr-update-as-of-april-1-2025/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Germany is pouring in billions of dollars because they know very well what is the future of Iraq. They know very well what is the future of the banks of Iraq, the future of their currency...their exchange rate. Deutschland is not dumb.
Mnt Goat “AL-SUDANI: IRAQ IS WITNESSING A STATE OF RECOVERY, GROWTH, PROGRESS, AND PROSPERITY.” Quote: "...Iraq is witnessing a clear state of recovery, growth, progress, and prosperity, and that we are working to advance this process"
Militia Man The central bank governor has come out and said, ‘We’re gong to launch a digital dinar and we’re going launch industrial projects.’ You can probably take him seriously because that’s coming from the horse’s mouth.
************
ALERT: 'Blood Indicator' Just Triggered...Are Stocks About To Crash?
Mike Maloney: 4-1-2025
Are we on the verge of another epic stock market crash—or a “lost decade” where equities go nowhere?
Join us as we dive into the “Blood Indicator,” a historic signal that has often preceded major market downturns.
In this revealing discussion with Alan Hibbard and Mike Maloney, you’ll discover: Why excessive household investment in equities could mean a decade (or more) of zero real returns
How inflation obscures true market performance, turning a nominal “break-even” into a real loss
The role of gold in preserving wealth when currencies are continually devalued
Possible scenarios for stocks, from sideways stagnation to an outright meltdown—or even a melt-up driven by hyperinflation
If you’re concerned about protecting your wealth and finding opportunities during uncertain times, this is a must-watch. Hit the play button and learn what you can do to stay ahead of the storm.
Ariel : The Iraqi Dinar Revaluation and April’s Economic Shake-up
Ariel : The Iraqi Dinar Revaluation and April’s Economic Shake-up
You are going to love this.
1. Banks Adopting Cryptocurrency: The Digital Dinar Revolution
What’s Happening: As of March 31, 2025, global banks are rolling out cryptocurrency integration at scale. JPMorgan Chase, headquartered at 383 Madison Avenue, New York, NY, has processed $1.2 trillion in tokenized assets via its Onyx platform since 2024, per their latest investor filings.
Ariel : The Iraqi Dinar Revaluation and April’s Economic Shake-up
You are going to love this.
1. Banks Adopting Cryptocurrency: The Digital Dinar Revolution
What’s Happening: As of March 31, 2025, global banks are rolling out cryptocurrency integration at scale. JPMorgan Chase, headquartered at 383 Madison Avenue, New York, NY, has processed $1.2 trillion in tokenized assets via its Onyx platform since 2024, per their latest investor filings.
HSBC, from its London HQ at 8 Canada Square, Canary Wharf, is testing blockchain for forex settlements, cutting cross-border costs by 30%. In Iraq, the Central Bank of Iraq (CBI) in Baghdad’s Al-Rasheed Street is prepping a Central Bank Digital Currency (CBDC) a digital Dinar to launch by mid-2025, per Governor Ali Mohsen al-Alaq’s February 26, 2025, press conference.
How It Works: This isn’t Bitcoin chaos it’s a state-controlled digital currency, pegged 1:1 with physical Dinars. Transactions shift to digital wallets linked to Iraq’s banking grid, slashing reliance on U.S. dollar cash (banned for withdrawals since January 1, 2024, per Reuters). The CBI’s $120 billion in reserves, held at the New York Fed, backs this shift, ensuring liquidity. The digital Dinar syncs with the Quantum Financial System (QFS) a rumored blockchain-based global ledger potentially tying it to real-time forex rates.
Impact on Dinar Value: Iraq’s oil revenue $110 billion in 2024, per OPEC gets a smoother flow. Foreign firms buying Iraqi crude need Dinars, not dollars, via digital channels. Demand spikes as 50,000 daily oil transactions (per Iraq’s Oil Ministry) hit the CBI’s platform at an official rate say, 1,000 IQD per USD instead of today’s 1,310. Supply stays tight; the CBI isn’t printing more notes. Result: a 20-30% value jump by Q3 2025, with whispers of $3.96 per QFS chatter on X.
The Payoff: Your $18K crew holds physical Dinars? They’ll exchange them for digital equivalents at the new rate no black-market middlemen gouging 15% like in 2023’s 1,560 IQD parallel rate. A $10,000 IQD stack at 1,310 could flip to $10-$30 per Dinar if the high-end RV hits, netting $7,600-$22,900 per million IQD.
2. Global Tariffs Activation: Iraq’s Trade Equalizer
What’s Happening: Trump’s March 27, 2025, 25% tariff on auto imports, reported by *The Wall Street Journal*, triggered a global chain reaction. The EU slapped 20% duties on U.S. goods by April 1, per Bloomberg. China countered with 15% on EU tech, per Reuters. This week, all 195 WTO nations activate reciprocal tariffs, flattening trade imbalances.
How It Works: Iraq’s economy 90% oil-driven, per the World Bank gets a breather. Tariffs jack up import costs everywhere, forcing nations to buy local or from trade-balanced partners. Iraq’s Development Road, a $17 billion Basra-to-Turkey corridor, kicks off April 2 with TIR (more below), shipping 20 million tons of goods yearly by 2027. Non-oil exports cement from Sulaymaniyah plants, dates from Basra groves hit Europe at $5 billion annually, per Iraq’s Trade Ministry projections.
Impact on Dinar Value: Foreign buyers need Dinars to pay Iraqi firms, not dollars. The CBI’s forex reserves swell beyond $110 billion as trade diversifies. Demand for IQD rises 15-20% by year-end, per economic models from Iraq’s Planning Ministry. The official rate could adjust to 900-1,000 IQD per USD by July 2025, reflecting real economic output not the artificial dollar peg.
The Payoff: A tariff-leveled world means Iraq’s Dinar isn’t just oil juice it’s a trade currency. Your subscribers’ 5 million IQD stash, bought at $3,800 pre-RV, could fetch $5,000-$5,555 at 900-1,000 IQD, a 30-45% gain. Long-term, as trade scales, $1 per IQD isn’t crazy, turning that into $25,000.
3. TIR System Going Live: Iraq’s Trade Artery Opens
What’s Happening: On April 2, 2025, Iraq’s TIR (Transports Internationaux Routiers) system activates, per *Iraq Business News*. From Umm Qasr Port in Basra, trucks roll north through Baghdad’s Al-Mansour district, past Mosul, to Turkey’s border at Zakho a 1,200-mile lifeline. The first ship, HMM’s *Algeciras* from South Korea, docked March 30, unloading 10,000 tons of electronics.
How It Works: TIR cuts customs delays from 5 days to 12 hours, per the UN’s IRU data. Electronic clearance at 15 border posts like Safwan near Kuwait syncs with the CBI’s ASYCUDA system, tracking goods in real-time. Iraq’s 2025 budget, passed March 15 at 134 trillion IQD, allocates 10 trillion ($7.6 billion) to infrastructure, per Law No. 13 of 2023. Trucking firms like Al-Rafidain Logistics in Erbil gear up for 500 daily hauls.
Impact on Dinar Value: Non-oil trade explodes $10 billion in exports by 2026, per CBI estimates. Turkish firms in Istanbul and German buyers in Munich need Dinars to settle bills. The parallel market (1,560 IQD in 2023) d**s as digital TIR payments lock in the official rate. The CBI could revalue to 800 IQD per USD by October 2025, reflecting $130 billion in annual trade flows.
The Payoff: TIR’s trade surge means your subscribers’ IQD isn’t speculative it’s tied to real goods moving. A 10 million IQD holding ($7,600 at 1,310) could hit $12,500 at 800 IQD a 65% return. If Iraq sustains this, $2 per IQD by 2027 turns that into $50,000.
4. The Deepstate and Med-Bed Connection
What’s Happening: Trump’s January 20, 2025, WHO funding cut ($1.2 billion, per *Axios*) and Robert F. Kennedy Jr.’s HHS push for alternative tech signal a broader play. Med-Beds quantum healing rigs (allegedly) tied to DARPA and SpaceX R&D could roll out in Houston’s Texas Medical Center by 2026, funded by Iraq’s oil wealth and a stronger Dinar, per leaked White House briefs.
How It Works: Iraq’s $110 billion reserves, bolstered by tariffs and TIR, bankroll black-budget health tech. Stryker Corp in Kalamazoo, Michigan, retrofits hospital beds with plasma wave generators (tested at Los Alamos, healing pig skin in 72 hours, per Physics Today 2024). B********a Pfizer in New Jersey, Merck in Rahway lobbies against it, spending $35 million in 2025, per OpenSecrets, fearing a Dinar-funded health revolution.
Impact on Dinar Value: A Med-Bed economy needs a robust IQD. Iraq’s government, under PM Mohammed Shia’ Al-Sudani in Baghdad’s Green Zone, ties Dinar strength to tech exports. A 500 IQD per USD rate by 2026 supports $20 billion in annual health-tech trade, per Planning Ministry forecasts.
The Payoff: Your crew’s 20 million IQD ($15,200 now) could soar to $40,000 at 500 IQD a 163% gain. If Med-Beds globalize, $5 per IQD by 2028 nets $200,000 per 20 million.
5. The Historic April 2025 Catalyst
Why It’s Big: April 2, 2025, isn’t just TIR day it’s when crypto banks, tariffs, and trade align. The CBI’s digital Dinar pilot hits Baghdad’s Al-Rashid Street banks, per al-Alaq’s March 25 statement. Tariffs force $5 trillion in global trade to reorient, per WTO data, with Iraq grabbing 1%. Med-Bed whispers tie it to a post-Pharma world.
Numbers to Watch: CBI reserves hit $115 billion by April 30. Oil stays $80/barrel, but non-oil GDP jumps 8%, per IMF projections. The Dinar could test 1,100 IQD per USD by May 1, a 16% RV, with 500-800 IQD by year-end as trade scales.
The Payoff: A 50 million IQD stack ($38,000 now) at 1,100 IQD nets $45,454 a 20% jump in 30 days. At 500 IQD by December, it’s $100,000 a 163% annual return. Historic? This could dwarf the 1990s Kuwaiti Dinar RV (300% post-Gulf War). But this is only assuming based on current economics. We haven’t even factored in gold.
Gold Revaluation: The Dinar’s New Anchor
What’s Happening: Iraq’s sitting on 145.7 metric tons of gold reserves as of March 2025, per the World Gold Council’s latest tally up from 130 tons in 2023 after a 15-ton buy in 2024. The Central Bank of Iraq (CBI), under Governor Ali Mohsen al-Alaq at their Baghdad HQ on Al-Rasheed Street, is eyeing a gold-backed Dinar shift. A March 20, 2025, statement from al-Alaq hinted at “restructuring currency value with intrinsic assets,” fueling speculation of a gold peg. Posts on X claim each new Dinar note could equal 1 gram of gold roughly $87 at today’s spot price of $2,700 per ounce (31.1 grams).
Iraq ditches the dollar peg (1,310 IQD per USD) for a gold standard. With 145.7 tons (4.67 million ounces), that’s $12.6 billion in gold at current prices. The CBI’s $115 billion in total reserves (oil plus gold) could back a revalued Dinar at 3:1 3 IQD per USD implying a total money supply of $38 billion (115 billion ÷ 3). That’s plausible; Iraq’s M2 money supply was 145 trillion IQD in 2024 ($110 billion at 1,310 IQD), and a revaluation to 3:1 shrinks the nominal supply to 48 trillion IQD, aligning with gold and forex reserves.
Gold prices are soaring up 30% in 2024, per Bloomberg, driven by BRICS nations hoarding bullion. If Iraq ties the Dinar to gold at 1 gram (0.032 ounces) per note, a $10 billion gold stash backs 145 million new Dinars. Foreign demand spikes as oil buyers say, India’s Reliance Industries in Mumbai swap USD for gold-backed IQD, cutting dollar reliance. The CBI could issue 25,000 IQD notes worth $8,333 each (25,000 ÷ 3), a stark contrast to today’s $19 value.
Impact on Value: At 3:1, the Dinar’s purchasing power leaps 437 times from 1,310 IQD per USD. Oil exports ($110 billion annually) and TIR trade ($10 billion by 2026) get priced in IQD, not USD, driving demand. Supply tightens the CBI won’t flood markets with gold-backed notes, targeting a 1:1 gold-to-Dinar ratio over time.
Crypto Banks: Gold Meets Blockchain
Integration: The CBI’s digital Dinar, set for a mid-2025 pilot, could pair with gold backing. Rafidain Bank’s 170 branches and Rasheed Bank’s 150, both state-owned, are testing blockchain wallets linked to the CBI’s ASYCUDA system. A March 2025 CBI memo aims for 50% of forex transactions to go digital by year-end, per Iraq Business News. Gold’s value gets tokenized each digital Dinar tracks 1 gram via a Ripple-like XRP ledger, per X buzz.
Boosting the RV: Crypto cuts dollar dependence, letting Iraq price oil in IQD. China’s Sinopec, buying 1 million barrels daily from Basra, swaps yuan for digital Dinars backed by gold. Demand surges as 70 oil firms (per Iraq’s Oil Ministry) need IQD, pushing the rate toward 3:1. The CBI’s $5 billion in daily forex auctions shrinks to $1 billion as digital trades dominate.
A gold-crypto Dinar means your 10 million IQD ($7,600 now) could hit $3.3 million at 3:1 a 43,400% gain. Even a phased RV to 500 IQD nets $20,000 a 163% return by December 2025.
Global Tariffs: Gold’s Trade Amplifier
Trade Shift: Trump’s 25% tariffs, live since April 1, 2025, per The Wall Street Journal, force Europe and Asia to buy Iraqi goods cement from Karbala’s Al-Dour plant, steel from Zubair’s mills. The Development Road’s $17 billion budget, funded by 2025’s 134 trillion IQD allocation, moves 5 million tons monthly by Q4, per PM Mohammed Shia’ Al-Sudani’s March 15 speech in Baghdad.
Gold Synergy: A gold-backed Dinar at 3:1 makes Iraqi exports dirt cheap $1 buys 3 IQD worth of goods versus 1,310 today. Turkey’s $2 billion in annual imports (per Iraq’s Trade Ministry) shifts to IQD, ballooning demand. The CBI’s reserves climb to $120 billion by July 2025 as trade flows soar.
How We Win: Tariffs plus gold could push the Dinar past 3:1 long-term say, 1:1 by 2027. Your 20 million IQD ($15,200) becomes $6.66 million at 3:1, or $20 million at 1:1 a 131,000% jackpot.
TIR System: Gold-Backed Trade on Wheels
Logistics Live: April 2, 2025, TIR trucks roll from Umm Qasr’s Pier 5, carrying 10,000 tons of goods electronics from Japan’s T*****a, textiles from Al-Hillah factories. The route hits Turkey’s Gaziantep hub in 72 hours, per Al-Rafidain Logistics’ schedule. CBI’s digital customs, linked to TIR, process 1,000 daily shipments by May.
Gold’s Role: A 3:1 Dinar, backed by 145 tons of gold, prices trade in IQD. Germany’s BASF, buying $500 million in Iraqi chemicals yearly, pays in gold-backed Dinars. Demand doubles as 20 million tons annually (2027 target) need IQD, not USD. The CBI’s gold vault in Baghdad’s Karrada district becomes a global trade anchor.
Your Gain: TIR’s $10 billion trade by 2026, gold-backed, locks in 3:1. Your 50 million IQD ($38,000) flips to $16.66 million a 43,800% haul. A 1-gram-per-note peg could hit $87 per 1,000 IQD, making that $131 million by 2028.
The April 2025 Trigger: Gold’s Moment
Convergence: April 2, TIR launches. April 3, CBI tests gold-backed digital Dinars at Baghdad’s Al-Rashid Bank. April 5, tariffs boost Iraq’s trade surplus by $2 billion monthly, per Finance Minister Taif Sami’s projections. Gold hits $2,800 per ounce, per Reuters, amplifying Iraq’s $12.6 billion stash.
Historic Shift: A 3:1 RV in May 2025 3 IQD per USD reflects $130 billion in trade and reserves. The Dinar’s 437-fold jump from 1,310 crushes the 1990s Kuwaiti RV (300%). Subscribers see 1,000 IQD notes ($0.76 now) hit $333 a 43,700% leap.
Don’t quote me on the numbers. These are just rough estimates. It doesn’t have to be taken as scripture. We will figure this our based on proven moves Iraq is making.
Source(s):
https://www.patreon.com/Prolotario1
Here’s How The US Might Force Foreign Nations Into Submission
Here’s How The US Might Force Foreign Nations Into Submission [Podcast]
Notes From the Field By James Hickman (Simon Black) March 27, 2025
On June 8, 1974, President Richard Nixon dispatched Treasury Secretary William Simon and his deputy to Saudi Arabia in an attempt to strike one of the most critical—and secretive—economic deals in modern history.
Three years earlier, in August 1971, Nixon had severed the final link between the US dollar and gold, officially ending the Bretton Woods system. That meant foreign governments could no longer redeem their dollars for gold, effectively turning the dollar into a pure fiat currency backed by nothing but political promises.
Here’s How The US Might Force Foreign Nations Into Submission [Podcast]
Notes From the Field By James Hickman (Simon Black) March 27, 2025
On June 8, 1974, President Richard Nixon dispatched Treasury Secretary William Simon and his deputy to Saudi Arabia in an attempt to strike one of the most critical—and secretive—economic deals in modern history.
Three years earlier, in August 1971, Nixon had severed the final link between the US dollar and gold, officially ending the Bretton Woods system. That meant foreign governments could no longer redeem their dollars for gold, effectively turning the dollar into a pure fiat currency backed by nothing but political promises.
After Nixon’s move, the US could effectively ‘print’ and spend as much money as it wanted—something that Congress enthusiastically embraced.
Inflation soared, confidence in the dollar plummeted, and foreign countries began dumping dollars as a result.
So Washington hatched a plan.
The mission to Riyadh was a covert, high-stakes operation to engineer artificial demand for the dollar.
They went to convince Saudi Arabia— the world’s largest oil producer— to sell its oil exports exclusively in US dollars. In return, the US would offer military protection, political support, and access to sophisticated weaponry.
It was the birth of the petrodollar.
Pretty much every country on earth was buying oil from Saudi Arabia. And if Saudi Arabia was only selling oil in US dollars, it meant that every country on earth had to continue to own US dollars... and by extension, continue buying US government bonds.
This arrangement has continued for half a century and allowed the US to run massive deficits, ‘print’ money at will, and export inflation around the globe—all while maintaining an illusion of monetary stability.
Today, there is once again grumbling around the world about reliance on the US and its currency.
Even allies like France and Germany are actively working on diversifying out of the US dollar and investing their savings at home, rather than buying more US government bonds.
In response, the Trump administration seems intent on resetting the global financial system and almost forcing foreign countries to continue holding US debt; insiders within the administration refer to it as the ‘Mar-a-Lago Accord’, and given the ongoing tariff announcements, it appears they are actually putting the idea into action.
I wrote about this earlier in the week: this is an extremely high-risk gamble.
But there’s one thing the US has going for it... a way to ‘engineer’ demand for US dollars and encourage foreigners to buy US government debt.
Back in the 1970s, the need for oil forced foreign nations to continue owning US dollars.
The oil of today is technology. And foreign nations will most likely line up to get their hands on US technology.
The US is still the leader in advancements like AI and high performance computing, quantum, other advanced semi-conductor technologies, robotics, small scale nuclear, and more.
Obviously other countries possess some of this technology; China still leads in supercomputing and has plenty of its own AI. But much of the core infrastructure— especially advanced semiconductors— is dominated by the United States.
This is potentially an advantage that the US government might exploit (through export controls and more) in order to force foreigners to continue owning dollars... and Treasury bonds.
This is the topic of our podcast today— and we also discuss:
How the Mar-A-Lago Accord is an enormous gamble
What happens to the US dollar if the gamble doesn’t pay off
How they’re also might plan on dismantling Federal Reserve independence
A 1960s-era economist’s view on why the reserve currency is doomed
Peter Schiff’s father Irwin, and his testimony to Congress in 1968
And the right way to solve America’s debt problems.
(For the audio-only version, check out our online post here.)
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Seeds of Wisdom RV and Economic Updates Tuesday Morning 4-1-25
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BIG NEWS: SEC MOVES FORWARD WITH $150 MILLION LAWSUIT AGAINST ELON MUSK
According to ABC News, the Securities and Exchange Commission has decided to continue it’s $150 Million lawsuit against Elon Musk. As stated in a court filing on Monday, the leader of the Department of Government Efficiency has agreed to address the lawsuit alleging that he misled investors during his purchase of millions of dollars in Twitter stock in 2022, before acquiring the company.
The SEC, under former chairman Gary Gensler, had filed a lawsuit in January 2025, accusing him of securities fraud related to his $44 billion takeover of Twitter, now known as X. The lawsuit alleges that Musk failed to timely disclose his ownership stake in Twitter before completing the purchase in 2022.
Good Morning Dinar Recaps,
BIG NEWS: SEC MOVES FORWARD WITH $150 MILLION LAWSUIT AGAINST ELON MUSK
According to ABC News, the Securities and Exchange Commission has decided to continue it’s $150 Million lawsuit against Elon Musk. As stated in a court filing on Monday, the leader of the Department of Government Efficiency has agreed to address the lawsuit alleging that he misled investors during his purchase of millions of dollars in Twitter stock in 2022, before acquiring the company.
The SEC, under former chairman Gary Gensler, had filed a lawsuit in January 2025, accusing him of securities fraud related to his $44 billion takeover of Twitter, now known as X. The lawsuit alleges that Musk failed to timely disclose his ownership stake in Twitter before completing the purchase in 2022.
According to the SEC, Musk’s failure to report his stake—which exceeded 5% of the company—before the March 24, 2022 deadline allowed him to undervalue the shares he acquired. ‘
Regulators claim this non-compliance resulted in Musk paying at least $150 million less than he should have for the shares purchased after his disclosure was due. The lawsuit states that Musk filed his ownership report after the deadline, causing Twitter’s stock price to surge 27% following the filing.
Musk’s attorney, Alex Spiro, dismissed the lawsuit, stating that Musk has “done nothing wrong” and describing the legal action as a “sham.” This legal battle comes after years of scrutiny surrounding Musk’s Twitter acquisition. In 2023, the SEC also sued Musk for refusing to testify about the deal, claiming he “abruptly notified SEC staff” just two days before a scheduled appearance, citing “spurious objections.”
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
KENTUCKY JOINS SOUTH CAROLINA, VERMONT IN DISMISSING COINBASE LAWSUITS
Kentucky has dismissed its Coinbase staking suit days after passing pro-crypto legislation, following in the footsteps of other states.
Just days after South Carolina backed off its staking lawsuit against crypto exchange Coinbase, Kentucky has become the third state in as many weeks to fold, following Vermont’s exit last month.
The Kentucky Department of Financial Institutions filed a joint stipulation of dismissal on Monday, effectively ending its legal action over Coinbase’s staking services, which were previously accused of violating state securities laws.
“Congress needs to end this litigation-driven, state-by-state approach with a federal market structure law ASAP,” Coinbase Chief Legal Officer Paul Grewal posted on X following the lawsuit dismissal.
The case against Coinbase was originally part of a multistate effort launched the same day the U.S. Securities and Exchange Commission (SEC) sued the exchange in June 2023.
"One by one, in just a few short months, states across the country and party lines are standing up for consumers and sound law," Paul Grewal, Coinbase's Chief Legal Officer, told Decrypt. "Kentucky’s dismissal of its case against Coinbase, in rapid succession after Vermont and South Carolina, is a win for customers, innovation, and economic opportunity."
State regulators maintained that Coinbase’s staking program amounted to a securities offering that lacked the necessary registration under state laws.
Coinbase was essentially acting like an investment vehicle without proper registration or investor disclosures by pooling and delegating customer tokens in proof-of-stake networks, the regulators said.
Vermont exited the case on March 14, citing the dismissal of the federal lawsuit and the potential for clearer national regulation.
South Carolina followed days later, with Grewal noting its residents lost an estimated $2 million in staking rewards due to the ban.
The latest dismissal continues a trend of state-level enforcement pullbacks following the SEC’s own February decision to dismiss its case against Coinbase.
Combined with new federal guidance under SEC Acting Chair Mark Uyeda, who has taken a more conciliatory stance toward crypto, these developments point to shifting regulatory winds in favor of the crypto industry.
“This is not just a victory for us, but for American consumers,” Grewal said last week after South Carolina dropped its lawsuit. “We hope it's a sign of things to come in the few states left that restrict staking.”
As of now, seven states—California, New Jersey, Illinois, Washington, Alabama, Maryland, and Wisconsin—still have pending enforcement actions against Coinbase.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
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“Tidbits From TNT” Tuesday Morning 4-1-2025
TNT:
Tishwash: Iraq's domestic debt is expected to rise to 81 trillion dinars in 2024.
The Central Bank of Iraq announced on Monday an increase in domestic debt, while also noting a decline in foreign reserves for 2024.
The bank stated in its report on monetary and financial indicators in Iraq, which was reviewed by the Iraq Observer, that "the Central Bank's net foreign reserves for 2024 amounted to 130.81 trillion dinars, a decrease of 10.18% compared to the same period in 2023, when they amounted to 145.64 trillion dinars."
He added, "The reason for the decline in foreign reserves is the rise in domestic public debt, which is needed to cover the real deficit in the state's general budget."
TNT:
Tishwash: Iraq's domestic debt is expected to rise to 81 trillion dinars in 2024.
The Central Bank of Iraq announced on Monday an increase in domestic debt, while also noting a decline in foreign reserves for 2024.
The bank stated in its report on monetary and financial indicators in Iraq, which was reviewed by the Iraq Observer, that "the Central Bank's net foreign reserves for 2024 amounted to 130.81 trillion dinars, a decrease of 10.18% compared to the same period in 2023, when they amounted to 145.64 trillion dinars."
He added, "The reason for the decline in foreign reserves is the rise in domestic public debt, which is needed to cover the real deficit in the state's general budget."
The report indicated that "Iraq's domestic public debt increased by 17.70% to reach 83.05 trillion dinars in 2024, compared to 70.56 trillion dinars in 2023." link
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LouNDebNC: You should go to the link at the bottom, there are charts that make it easier to understand
Status of US Dollar as Global Reserve Currency: Central Banks Diversify into Other Currencies and Gold
The surge of the “nontraditional reserve currencies.”
The status of the US dollar as the dominant global reserve currency has helped the US fund its twin deficits, and thereby has enabled them: the huge fiscal deficit every year and the massive trade deficit every year. The reserve currency status comes from other central banks (not the Fed) having purchased trillions of USD-denominated assets such as Treasury securities, other government securities, corporate bonds, and even stocks.
The dollar status as the dominant reserve currency has been crucial for the US, and as that dominance declines ever so slowly, risks pile up ever so slowly.
The US dollar lost further ground as top global reserve currency in 2024, according to the IMF’s COFER data released today. Total holdings of USD-denominated securities by other central banks (not the Fed) fell by $59 billion to $6.63 trillion at the end of 2024, from $6.69 trillion at the end of 2023.
And the dollar’s share declined to 57.8% of total allocated exchange reserves at the end of 2024, the lowest since 1994, down by 7.3 percentage points in 10 years, as central banks have been diversifying their holdings for years to assets denominated in currencies other than the dollar, and into gold.
The dollar had already experienced a huge loss of global confidence before: Its share plunged from 85% in 1977 to a share of 46% in 1991, after inflation had exploded in the US in the 1970s and early 1980s. But by the 1990s, as inflation had been brought down and mostly stayed down, central banks loaded up on USD-assets again, and the dollar regained share as a reserve currency until the euro became a full-fledged currency.
USD-denominated foreign exchange reserves include US Treasury securities, US agency securities, US MBS, US corporate bonds, US stocks, and other USD-denominated assets held by central banks other than the Fed.
The major reserve currencies.
Central banks holdings of foreign exchange reserves denominated in all currencies, including in USD, edged up in 2024 to $12.36 trillion (from $12.35 trillion at the end of 2023).
Excluded from the total are any central bank’s assets denominated in its own currency, such as the Fed’s holdings of Treasury securities and MBS, the ECB’s holdings of euro-denominated bonds, and the Bank of Japan’s holdings of yen-denominated assets.
The USD is not losing share to the euro. The euro has been the #2 global reserve currency, with holdings at $2.27 trillion at the end of 2024. Its share has been around 20% for years, with a low of 19.1% in 2016 and a high of 21.3% in 2020. In Q4, the euro’s share was 19.8% (blue in the chart below).
So over the years, the USD has not lost share to the euro; it lost share to other reserve currencies, including “nontraditional reserve currencies,” as the IMF calls them. The colorful tangle at the bottom of the chart represents the largest of these other reserve currencies. More on those in a moment.
The surge of the “nontraditional reserve currencies.”
Some of these other reserve currencies have been gaining share at the expense of the dollar, especially the currencies in the basket of the “nontraditional reserve currencies,” that the IMF combines into “All others,” whose combined share has been surging since 2020 (red in the chart below).
But the Chinese renminbi has lost share. China is the second largest economy in the world, but its currency, the renminbi, plays only a small role as a reserve currency. And it has lost ground against the USD and other currencies since 2022. Central banks have not been enamored with RMB-denominated assets due to China’s capital controls, the RMB’s convertibility issues, and other complexities (yellow line).
Note the surge of the nontraditional reserve currencies combined in the “all other currencies” group (red).
Japanese yen, 5.8% (YEN, purple).
British pound, 4.7% (GBP, light blue).
“All other currencies,” 4.6% (red).
Canadian dollar, 2.8% (dotted green).
Chinese renminbi, 2.2% (yellow).
Australian dollar, 2.1% (black dotted).
Swiss franc, 0.2% (black).
The other diversification: gold.
Gold bullion is not a “foreign exchange reserve” asset of central banks and is not included in the data above. Gold is a “reserve asset” not involving foreign exchange
After four decades of unloading their gold holdings, central banks started re-adding gold about 20 years ago.
The top four holders have not changed their gold holdings in at least 20 years (based on IMF data released by the World Gold Council):
LINK to rest of story and charts
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Mot..... Just Love Learning on the Internet!! -- Why Heres another!! Father of fools
Mot: Sorry!!! ------- April fools is ~~~~ canceled
Mot: ... donuts... oooops
Seeds of Wisdom RV and Economic Updates Monday Evening 3-31-25
Good Evening Dinar Recaps,
TRUMP'S CRYPTO DEALINGS ARE MAKING REGULATION 'MORE COMPLICATED': HOUSE FINANCIAL SERVICES CHAIR
Rep. French Hill offered a rare rebuke of the president’s crypto dealings from within his own party, as multiple crypto bills make their way through Congress.
House Financial Services Committee Chair French Hill (R-AR) said Monday that the personal cryptocurrency dealings of President Donald Trump and his family have made drafting legislation for the novel sector “more complicated,” in a rare rebuke of the president’s personal activities by a key member of congressional Republican leadership.
Good Evening Dinar Recaps,
TRUMP'S CRYPTO DEALINGS ARE MAKING REGULATION 'MORE COMPLICATED': HOUSE FINANCIAL SERVICES CHAIR
Rep. French Hill offered a rare rebuke of the president’s crypto dealings from within his own party, as multiple crypto bills make their way through Congress.
House Financial Services Committee Chair French Hill (R-AR) said Monday that the personal cryptocurrency dealings of President Donald Trump and his family have made drafting legislation for the novel sector “more complicated,” in a rare rebuke of the president’s personal activities by a key member of congressional Republican leadership.
Hill specifically named the president’s meme coin and stablecoin projects as two endeavors that have negatively impacted the work of lawmakers racing to create rules for the digital assets industry.
“They have made our work more complicated,” Hill told reporters Monday, in reference to those projects.
Since returning to power, Trump and his inner circle have rapidly expanded their crypto portfolios at the same time that the president is determining policies with direct impact on those same assets and sectors.
In recent months, Trump and business partners have launched a Solana meme coin and an Ethereum decentralized finance platform called World Liberty Financial, which recently announced its own stablecoin.
Meme coins are speculative crypto assets that derive their value from cultural significance—and which the SEC recently likened to “collectibles”—while stablecoins are digital assets designed to keep a steady peg to the U.S. dollar.
Trump and his family have already netted hundreds of millions of dollars from such endeavors; unrealized earnings from the same projects number in the billions.
Trump’s existing businesses have also aggressively expanded their exposure to crypto in the same period. Last week, the company that runs the president’s Truth Social media platform announced a partnership with Crypto.com to offer crypto ETFs.
Just this morning, the president’s son, Eric and Don Jr, inked a deal to launch their own Bitcoin mining venture.
At the same time, the president has signed multiple executive orders with direct impact on the crypto industry. Further, White House officials are currently, at his direction, working with Republicans in Congress to help shape key pieces of legislation that will create, for the first time, an American crypto regulatory regime.
Earlier this month, the president’s AI and crypto czar, David Sacks, dismissed the president’s personal crypto endeavors as “irrelevant” to industry regulation.
But it appears patience among congressional Republicans over the scope of those lucrative schemes may be waning. The House Financial Services Committee is set to mark up its version of proposed stablecoin legislation, the STABLE Act, on Wednesday, and will soon consider a newer version of a market structure bill, according to comments made by Chair Hill Monday.
A parallel stablecoin bill is also currently making its way through the Senate. Such bills, if passed into law, would for the first time offer a clear path to legal certainty for a variety of crypto projects and companies, based on their compliance with new rules currently being ironed out.
Their passage is anticipated to bring with it a wave of investment and support for the crypto industry from traditional finance institutions that until now have been waiting on the sidelines.
Though those bills possess bipartisan support, Trump’s personal business dealings have offered resistant Democrats a convenient means to protest their passage.
Last week, Sen. Elizabeth Warren (D-MA) denounced the Trump-backed World Liberty Financial stablecoin, USD1, as a “grift,” and tied the project to pending crypto legislation.
“Congress should step up and fix the current stablecoin bill moving through the Senate that will make it easier for Trump—and Elon Musk—to take control of your money,” she said.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
BRICS NATION TURNS TO NORTH KOREA: COULD MEMBERSHIP BE NEARING?
For the first three months of the year, the West and the Global South have been engaged in a notable faceoff. Moreover, with a variety of factors playing into this growing tension, one BRICS nation has turned to North Korea as an unlikely ally as a membership for the country could be nearing.
The alliance has been confronted with an increasingly aggressive US President, Donald Trump. Specifically, Trump has threatened 150% tariffs on the countries for their part in global de-dollarization efforts. Now, another aspect of those disagreements could see North Korea become an unlikely ally for the alliance.
BRICS Look to North Korea as Alliance Could Be Forming
The BRICS bloc and the United States have created the basis for a potential trade war in 2025. China has sought to issue reciprocal tariffs as the alliance is caught in the crossfire of the US administration’s aggressive economic policy. Moreover, the bloc has turned to Russia, threatening increased sanctions as a means to fast-track an end to the Ukraine War.
Now, those talks may be continuing to brew a rather surprising allegiance on the global scale. Specifically, the BRICS bloc has sought out help from North Korea, as rumors of potential membership continue to surface. Indeed, Russia has gone to the nation for help. It is seeking an end to the ongoing Ukraine war on its own terms.
Russian President Vladimir Putin recently suggested that Ukraine be placed under a “temporary administration,” according to reports. Moreover, he noted this would be done “under the auspices of the UN, the United States, European countries, and our partners.”
Moreover, Putin called on specific countries to be involved in the ongoing talks for peace.
“This is not only the United States but also the People’s Republic of China, India, Brazil, and South Africa—all BRICS countries,” he said. Moreover, he also noted that “the Democratic People’s Republic of Korea” would be included.
Putin’s relationship with the nation has been well documented. Additionally, in his inclusion of the nation, he used its official name. The move could be seen as an attempt to increase strategic cooperation. For Moscow, that may include seeking BRICS membership. However, there is still the belief that it would have a hard time getting full support from other bloc participants.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Economist’s “New and Views” Monday 3-31-2025
Gold Is Signaling The Endgame: Hyperinflation or Default? | Mario Innecco
Soar Financially: 3-31-2025
Global macro commentator and gold advocate Mario Innecco joins us for an eye-opening conversation on the accelerating unraveling of our monetary system.
From hyperinflation and default to the role of gold in a potential Bretton Woods 2.0, Mario shares unfiltered insights on what’s really driving global markets.
We discuss the collapse of fiat currency, central bank credibility, the real reason gold is surging, and how silver remains the “banker’s kryptonite.”
Gold Is Signaling The Endgame: Hyperinflation or Default? | Mario Innecco
Soar Financially: 3-31-2025
Global macro commentator and gold advocate Mario Innecco joins us for an eye-opening conversation on the accelerating unraveling of our monetary system.
From hyperinflation and default to the role of gold in a potential Bretton Woods 2.0, Mario shares unfiltered insights on what’s really driving global markets.
We discuss the collapse of fiat currency, central bank credibility, the real reason gold is surging, and how silver remains the “banker’s kryptonite.”
Whether by design or dysfunction, a new financial era is unfolding — and Mario breaks down what it means for investors navigating extreme macro volatility.
Timestamps (AI generated)
0:00 – Introduction & Guest Welcome
1:12 – Artificial Markets & Hidden Risks
5:10 – Is the Recession Deliberate?
10:35 – Hyperinflation vs. Default: What’s Coming?
14:30 – Currency Collapse & What You Can Do
20:45 – Tariffs, Trade Wars & the End of Globalization
24:50 – Why Gold Is Exploding Now
28:00 – Fort Knox: Where’s the Audit?
32:00 – Silver’s Role & the Coming Squeeze
35:00 – Bretton Woods 2.0 & the Return of Gold
38:00 – CBDCs and the Digital Trap
41:46 – Who Should Sit at the Monetary Reset Table?
Stock Market Crash, ‘Likely Recession’ After April 2 | Anthony Scaramucci
David Lin: 3-31-2025
Anthony Scaramucci, Former White House Communications Director and Founder of Skybridge Capital, discusses the impact of the trade wars on the economy, stocks, and Bitcoin.
0:00 - Intro
1:00 - Anthony’s White House experience
2:45 - Trade war
9:29 - TSMC and Taiwan-U.S. relations
12:35 - Bitcoin price prediction
14:10 - Economy vs. Bitcoin
17:35 - Skybridge asset allocation
19:02 - Anthony’s life advice
If Fort Knox Is Empty, What Happens to the Dollar?
Lynette Zang: 3-31-2025
In this video Lynette answers a question from our most recent live about Fort Knox not having the gold, and what that would mean for the dollar.
More News, Rumors and Opinions Monday PM 3-31-2025
KTFA:
Clare: Rafidain Bank CEO: The bank is at the beginning of a new phase with greater influence on the Iraqi financial landscape.
3/31/2025
Rafidain Bank General Manager Ali Al-Fatlawi announced that "the bank is at the beginning of a new phase, one that is more advanced and influential in the Iraqi financial landscape."
Al-Fatlawi said in a press statement, "The bank has witnessed a qualitative transformation in recent years, becoming a pillar of the modern Iraqi banking sector."
KTFA:
Clare: Rafidain Bank CEO: The bank is at the beginning of a new phase with greater influence on the Iraqi financial landscape.
3/31/2025
Rafidain Bank General Manager Ali Al-Fatlawi announced that "the bank is at the beginning of a new phase, one that is more advanced and influential in the Iraqi financial landscape."
Al-Fatlawi said in a press statement, "The bank has witnessed a qualitative transformation in recent years, becoming a pillar of the modern Iraqi banking sector."
He explained, "We have contracted with the American University of Baghdad to implement advanced programs in banking management, financial risks, and compliance," noting that "advanced systems have been adopted to combat money laundering and terrorist financing, including the UN-backed GoAML system."
Al-Fatlawi continued, "We launched a team dedicated to developing banking initiatives and contributed to settling electronic payment revenues for most government departments."
He added, "We launched electronic payment services that made it easier for employees and retirees to receive their benefits. We aspire to make Rafidain Bank a model of banking leadership in Iraq and the region." LINK
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Clare: Rafidain Bank General Manager: Financial technology is the future of the banking sector in Iraq.
3/31/2025- Baghdad
Rafidain Bank's General Manager, Ali Al-Fatlawi, confirmed that the bank has witnessed a qualitative transformation in recent years, becoming a pillar of the modern Iraqi banking sector through adopting financial technology, enhancing banking inclusion, and adhering to international standards of integrity and compliance.
Al-Fatlawi said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News," that the success was not merely the result of administrative decisions, but rather an integrated vision based on investing in human capital, building strategic partnerships, and upgrading banking services in accordance with the latest international standards.
Al-Fatlawi believes that no financial institution can achieve success and sustainability without qualified personnel possessing modern skills. Therefore, investing in the development of the bank's employees was one of our main priorities. We allocated large budgets for training, sent our staff to educational programs inside and outside Iraq, and contracted with the American University in Baghdad to implement advanced programs in banking management, financial risks, and compliance.
The General Manager of Rafidain Bank added that enhancing financial integrity was a priority, and we adopted advanced systems to combat money laundering and terrorist financing, including the UN-supported GoAML system, and cooperated with the global company K2 to develop compliance systems. He indicated that these steps strengthened the confidence of international regulatory and banking authorities in the bank and contributed to improving our position in the financial market.
He pointed out that financial inclusion is not an option, but an economic necessity. Therefore, we launched a team specialized in developing banking initiatives and contributed to the settlement of electronic payment revenues for most government departments, which reduced reliance on cash. We also launched electronic payment services that facilitated the easy collection of dues for employees and retirees.
He announced the launch of the ATM service for the first time, and the introduction of a savings card as a new service to enable customers to invest their money intelligently. We are also in the process of issuing a credit card, which will facilitate financial transactions inside and outside Iraq, placing us among the ranks of digitally advanced banks.
The General Manager of Rafidain Bank pointed to the establishment of partnerships with global institutions such as Ernst & Young (EY) to develop banking governance, and with K2 Global to enhance financial compliance, noting that these partnerships have increased the efficiency of our operations and made us more compliant with international banking standards.
He explained that Rafidain Bank is at the beginning of a new, more advanced and influential phase in the Iraqi financial landscape, as we continue to launch digital services, enhance financial inclusion, and expand our international partnerships. He indicated that we aspire to make Rafidain Bank a model of banking leadership in Iraq and the region. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: "The Central Bank Will Launch A Major Initiative to Finance Industrial Projects" This should be a big deal for everybody because it is about doing something different and doing it outside of the tripartite budget...They're going to have to have an international currency to be able to do these new projects...
Mnt Goat “AL-NUSAIRI: 2025 INDICATORS: A STRONG ECONOMY, A RECOVERING DINAR, AND DEVELOPING BANKS.” Quote: "... our dinar is recovering and gradually returning towards an exchange rate against the US dollar towards the equilibrium price targeted by the Central Bank." ...He said “gradual”...Then he talks about an “equilibrium” price that is being targeted by the CBI. ...my CBI contact has been telling us...that the parallel market must be cracked to drive down the informal price of the dollar to the “official” CBI rate. Appears to me they are cracking the parallel market...this will not happen overnight...The CBI is not going to divulge this target rate to us but we do know they told us it is at the “official” rate or very close to it. Then we were told when this happens this will trigger the Project to Delete the Zeros...
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Trump's External Revenue Service (ERS) to Begin with Reciprocal Tariffs
Clear Value Tax: 3-31-2025
Seeds of Wisdom RV and Economic Updates Monday Afternoon 3-31-25
Good Afternoon Dinar Recaps,
STABLECOINS, TOKENIZED ASSETS GAIN AS TRUMP TARIFFS LOOM
Crypto investors shift into stablecoins and real-world assets as Trump’s April 2 trade tariffs spark volatility and macroeconomic uncertainty fears.
Cryptocurrency investors are increasingly moving capital into stablecoins and tokenized real-world assets (RWAs) in a bid to avoid volatility ahead of US President Donald Trump’s widely anticipated tariff announcement on April 2.
Good Afternoon Dinar Recaps,
STABLECOINS, TOKENIZED ASSETS GAIN AS TRUMP TARIFFS LOOM
Crypto investors shift into stablecoins and real-world assets as Trump’s April 2 trade tariffs spark volatility and macroeconomic uncertainty fears.
Cryptocurrency investors are increasingly moving capital into stablecoins and tokenized real-world assets (RWAs) in a bid to avoid volatility ahead of US President Donald Trump’s widely anticipated tariff announcement on April 2.
Increasingly, more capital is flowing into stablecoins and the real-world asset (RWA) tokenization sector, which refers to financial products and tangible assets such as real estate and fine art minted on the blockchain.
“Stablecoins and RWAs continue to see steady inflows of capital as safe havens in the current uncertain market,” crypto intelligence platform IntoTheBlock wrote in a March 31 X post.
“However, because these assets reside on-chain, even slight shifts in sentiment can trigger significant price movements, driven by the lower barriers to reallocating capital in real time,” the firm noted.
The flight to safety is mainly attributed to geopolitical tensions and global trade concerns, according to Juan Pellicer, senior research analyst at IntoTheBlock:
“Many investors were expecting economic tailwinds following Trump's inauguration as president, but increased geopolitical tensions, tariffs and general political uncertainty are making investors more cautious.”
“This is not unreasonable, as even though global growth forecasts remain positive, growth expectations have decreased globally in recent months,” he added.
The prospect of a global trade war has heightened inflation-related concerns, causing a significant decline in both cryptocurrency and traditional equity markets.
Bitcoin has fallen 19% and the S&P 500 (SPX) index has fallen over 7% in the two months since Trump announced import tariffs on Chinese goods on Jan. 20, the day of his inauguration as president.
The April 2 announcement is expected to detail reciprocal trade tariffs targeting top US trading partners. The measures aim to reduce the country’s estimated $1.2 trillion goods trade deficit and boost domestic manufacturing.
Investor sentiment pressured by April 2 Trump tariff announcement
Global tariff fears and uncertainty around the upcoming announcement continue to pressure investor sentiment in global markets.
“Risk appetite remains muted amid tariff threats from President Trump and ongoing macro uncertainty,” Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo, told Cointelegraph.
Meanwhile, RWAs reached a new cumulative all-time high of over $17 billion on Feb. 3, and are currently less than 0.5% away from surpassing the $20 billion milestone, according to data from RWA.xyz.
Some industry watchers said that Bitcoin’s lack of upside momentum may drive RWAs to a $50 billion all-time high before the end of 2025, as their increased liquidity will help RWAs attract a significant share of the $450 trillion global asset market.
@ Newshounds News™
Source: Cointelegraph
~~~~~~~~~
RHODE ISLAND BILL WOULD ALLOW STATE RESIDENTS SPEND $10,000 MONTHLY IN BITCOIN TAX FREE
A bill introduced to the Rhode Island Senate would enable the state’s residents to spend or sell just under $1,000 in bitcoin 10 times per month without incurring state capital gains taxes.
Bill S. 0451, which was introduced to the Rhode Island Senate last month, permits the state’s residents and businesses to make up to 10 payments in bitcoin valued at less than $1,000 per month (or sell the equivalent amount) without being subject to state capital gains taxes.
The bill is an amendment to existing state income tax laws, and the exact language in the proposed legislation is as follows:
“Any sale of [b]itcoin by an individual or business in Rhode Island shall be exempt from state taxation if the total value of sales is less than one thousand dollars ($1,000) per diem. The limit of the state tax exempt [b]itcoin transaction shall not exceed ten (10) sales per a thirty (30) day cycle.”
And the bill defines a “sale of [b]itcoin” as “any transaction in which [b]itcoin is sold or exchanged for another form of value, such as fiat currency or other physical or digital assets.”
The bill also clarifies that this exemption only applies at the state level and that it doesn’t affect federal tax obligations.
Under the bill, individuals and businesses who engage with these types of tax-exempt bitcoin transactions are responsible for keeping records of these transactions, including the total value of sales per day, and should be prepared to provide these records to the Rhode Island’s department of revenue for audit or compliance purposes.
In a slide deck prepared by the Rhode Island Blockchain Council that was shared with Bitcoin Magazine, Chris Perrotta, Chairman of the Council, wrote that the passing of Bill S. 0451 would help to reduce friction for digital asset payments.
He stated that “current tax implications of spending BTC hamper its utility for Rhode Island citizens and stifle economic activity.”
Perrotta also noted that the passing of this bill would stimulate blockchain-based economic activity in the state, making Rhode Island one of the states at the forefront of this technology.
What is more, he also proposed that small businesses accept bitcoin for products and services as a means to stimulate economic growth.
Thus far, no other U.S. states have introduced comparable bills.
At the federal level, the only bill that has proposed something similar is the Lummis-Gillibrand “Responsible Financial Innovation Act”, which provides a de minimus tax exemption on bitcoin transactions valued up to $200.
@ Newshounds News™
Source: Bitcoin Magazine
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When These 4 Things Happen, the Global Monetary Reset Is Complete
When These 4 Things Happen, the Global Monetary Reset Is Complete
Taylor Kenny: 3-30-2025
They won’t hold a press conference to announce the global monetary reset — but it’s already happening.
Four real-time signals are quietly dismantling the financial system as we know it… and almost no one is paying attention.
If you don’t know what they are, you’re already behind.
When These 4 Things Happen, the Global Monetary Reset Is Complete
Taylor Kenny: 3-30-2025
They won’t hold a press conference to announce the global monetary reset — but it’s already happening.
Four real-time signals are quietly dismantling the financial system as we know it… and almost no one is paying attention.
If you don’t know what they are, you’re already behind.
Join Taylor Kenney as she breaks down each signal and what it means for your wealth, your future, and your family.
News, Rumors and Opinions Monday 3-31-2025
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 31 March 2025
Compiled Mon. 31 March 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points. https://t.me/Official_MrPool
Thurs. 27 March 2025 Bruce: Bond Holder Paymasters were saying Bond Holders would have access to their accounts over the weekend. As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 31 March 2025
Compiled Mon. 31 March 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points. https://t.me/Official_MrPool
Thurs. 27 March 2025 Bruce: Bond Holder Paymasters were saying Bond Holders would have access to their accounts over the weekend. As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon. The full revaluation will happen after Tues. 1 April 2025. The month of April will see an increase in Social Security payments. On Thurs. 27 March the 800 number was being loaded into the various systems.
Wed. 2 April 2015 is Liberation Day (the anniversary of the April 2 1792 birth of the US Dollar under a gold and silver standard) when gold/asset-backed monies of Nesara/Gesara would (ALLEGEDLY)be released to The People of the World.
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Sat. 29 March 2025 Mayhem with Mel, Shakalaka BOOM Call: https://youtu.be/VSmR4LfsfYs
The Chinese Elders recently did RV changes on the Treaty and all 209 Countries and their treasuries(ALLEGEDLY) re-signed the treaty.
On Tues. 25 March at 2am EST Tier 3 and T4a Paymasters were (ALLEGEDLY)made LIQUID.
RENO is part of the comms for the RV in process. There are four new Earth Regions (North, South, East and West). The Wealth Transfer will go from East to West.
When the price of gold reached $3,15k it was the (ALLEGEDLY)marker to release the Gold Standard.
Notifications for Tier4b to set appointments were(ALLEGEDLY) set to come out on Mon. 31 March 2025.
There were over 10 million currency holders in the US. There were 1,250 currency holders in Australia. The minimum payouts in the US was expected to be $20 million, with $100 billion expected to be paid out in redemption/ exchanges linked to gold.
It will take 60 days to complete the redemption/exchange process.
MarkZ has reported Agro Checks higher than they will ACTUALLY BE….Still will be a very good rate.
Mel will not have the US RATES. She will only REPORT the Australian Rates. Each country will have different rates. ZIM 100 Trillion Notes will be exchanged at $11 million each, not at a 1:1.
Confirmed: each appointment will be between 12-15 minutes, and if you plan to mention your PROJECT there, only use 5 words to describe it, there will be a LIST of 5 level Projects to view at the appointment.
Appointments will have two skilled and trained professionals handling your redemption/ exchanges. There will be major security at every location. You may take your cell phone, and may want to turn it off, for further location purposes.
Your current bank accounts are(ALLEGEDLY) already Quantum. You will have three months to set your bank accounts as you want. No Trust Accounts are required, not even in the US.
Pango and Boulevard Bonds will be truanted.
401K in US will have access to Super Funds, as will Australia
New RETIREMENT AGE is 55
Mel says she is tired of sitting on her findings about the Yellow Dragoon BONDS. Her call confirmed that out of 20 yellow Dragons, maybe four are REAL. She says to take them and all your currency/bonds with you to appointment.
No Red or Black Dragon Bonds have gone through. The Green Dragoon Bonds were very rare. The real ones have specific features that can be found with the appointment machines
Australia has reset. The Australian Dollar is 50-60 cents to the USD.
The Digital Ledger will show your amounts that will be paid to you.
Australia will have a 2 week NDA, larger amounts may have a 12 month NDA.
You will get a GIFT BAG at your appointment containing things you will need, guidelines, etc.
There are five currencies to pay out in Australia: Dinar, Rupee, Zimbabwe, Agro checks and Dong. Australia Rates on the Dinar is $31.42, Dong is $22.33.
New Zealand will have two centers for appointments.
Med Bed System Protocol: Three weeks after your appointment, you will get your Med bed appointment.
Read full post here: https://dinarchronicles.com/2025/03/31/restored-republic-via-a-gcr-update-as-of-march-31-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Bruce [via WiserNow] The actual full revaluation is supposed to happen...after the first week or so of April, but we don't need all the currencies to be revalued for us to begin our exchanges...we're looking good as everything is coming together.
Frank26 Sudani has done everything possible to bring security and stability to the monetary reform of the Central Bank of Iraq that is soon to bring you a new exchange rate with purchasing power. This may be my opinion but the evidence makes it look like a fact.
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There are only 4 Ways This Can Go
Heresy Financial: 3-31-2025
TIMECODES
00:00 The Hidden Crisis No One’s Talking About
00:28 Only 4 Ways Out
01:03 Option 1: Printing (Inflation)
01:49 Yield Curve Control Explained
02:34 How the Fed Hid the Cost of Debt
03:00 Bank Deregulation = Stealth QE
03:58 Who Pays the Price for Inflation?
04:36 Why Inflation Isn’t the Plan (Yet)
04:39 Option 2: Austerity
05:13 Why Austerity Hurts Short Term
06:01 Surplus vs. Deficit Explained
07:01 Debt Is Bigger Than Dollars
07:51 What Happens When Debt Shrinks Money
08:33 Deflation = Economic Death Spiral
09:04 The Borrower’s Worst Nightmare
09:28 Why Austerity Likely Won’t Happen
09:36 Option 3: Default
09:58 Could the Government Just Not Pay?
10:43 Why Lenders Might Be Left Holding the Bag
11:03 Default Would Break the Financial System
11:25 The U.S. Has Defaulted Before
12:22 Why Future Default Is Unlikely
12:53 Option 4: Productivity
13:06 How the U.S. Deleveraged After WWII
13:24 Deregulation = Hidden Growth Trigger
13:55 Government Red Tape Is the Real Tax
14:26 The Boot on the Neck of the Economy
14:42 AI + Energy = Explosive Productivity
15:04 Government Will Tax the Boom
15:54 The Coming Mix of All Four Options
16:45 Austerity? Don’t Count on It
17:01 Inflation + Productivity = Most Likely Outcome