This Trifecta of Market Declines is Rare… And Not Good

This Trifecta of Market Declines is Rare… And Not Good

Notes From the Field By James Hickman (Simon Black)  April 30, 2025

 In today’s podcast, we explore the rare phenomenon of simultaneous declines in the stock market, bond market, and currency market—a powerful signal of capital flight out of the US.

 We talk about when and where this has happened before, and why the Federal Reserve’s diminishing control over interest rates won’t fix it.

 We also discuss what higher rates mean for the commercial real estate market, and how that reverberates through the banking system.

 And we answer the question: is gold overbought, and inching towards a correction?

 The podcast also covers:

• Why gold, not Bitcoin, remains the ultimate safe haven for central banks.

• Why the US dollar's dominance is fading—and what comes next.

• The case for gold stocks over physical gold in today’s environment.

Give it a listen here.

CLICK HERE to listen to today’s podcast.

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

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

https://www.schiffsovereign.com/podcast/this-trifecta-of-market-declines-is-rare-and-not-good-152715/?inf_contact_key=9208cbe90b3b1fba0e934d8d0d4741c056374244ed3079802af78ca168e4c2a0

News, Rumors and Opinions Thursday 5-1-2025

IQD Flips First, XRP Follows

589bull:   5-1-2025

Iraq just passed Resolution No. 294 — authorizing the Ministry of Finance to pull over 3 trillion IQD from dormant tax accounts and inject it into the Central Bank of Iraq to cover salaries.

Old funds.
New movement.
Right before the budget flips.

This isn’t routine. They’re not just covering payroll — they’re positioning liquidity inside the CBI. You don’t unlock trillions in dormant escrow just to patch a gap. You do it to prime the system before something big resets.

Abu snwe:  At the time of the Sudanese preparation for the Arab summit The Iraqi government announces its bankruptcy and authorizes the Minister of Finance, a Sami spectrum to withdraw the tax trusts of more than 3 trillion to pay the salaries of the month of April.

Everyone keeps asking: What moves first — IQD or XRP?

Answer: IQD flips first. XRP follows. Fast.

Iraq’s revaluation is the event — the trigger. It resets regional liquidity, realigns trade, and floods the system with pressure.

That pressure needs rails. Fast, neutral, compliant rails. That’s when XRP ignites.

IQD is the fuse.
XRP is the ignition.

Classic damage control.

If everything was “normal,” they wouldn’t need to say it. You don’t withdraw 3+ trillion IQD from dormant tax accounts unless you’re prepping for something outside the norm — like a rate shift or system switch.

The fact that the Parliamentary Finance Committee had to come out and calm people down tells you one thing:

This wasn’t routine.
This was strategic liquidity repositioning.

They’re staging cash where it needs to be before the public feels the shift — likely to smooth salary transitions and avoid panic right before the flip.

Source(s):
https://x.com/589bull10000/status/1917586572301721638
https://x.com/589bull10000/status/1917621269450707386
https://x.com/589bull10000/status/1917622313908068612

https://dinarchronicles.com/2025/05/01/589bull-iqd-flips-first-xrp-follows/

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

Mnt Goat  ...Iraq is excited and so should we be... the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.

Militia Man  What we have seen so far in the news is...all positive, nothing that's considered to be worrisome as far as I can see.  The tone from Washington has been positive.  They've been talking about support...for Iraq's monetary reforms by the largest financial institutions in the world - United States Treasury, Federal Reserve, International Monetary Fund, World Bank, IFC.  The focus has been about security, stability, sustainability, partnerships with the public and private sectors, investment opportunities...  

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Planned Demolition Of The Banking System | David Morgan

Liberty and Finance:  4-30-2025

David Morgan outlines the global banking hierarchy and highlights how real power resides not with governments but with elite financial institutions, steering the world toward a centralized digital monetary system diminishing national financial sovereignty.

 Two key points he emphasizes are that the destruction of the current banking system is a planned demolition, not a natural failure, and that this collapse is designed to usher in a new, more authoritarian financial regime rooted in AI-driven control and digital currencies.

Morgan warns that such a system will eliminate human discretion and embed surveillance into every transaction, reducing people to programmable nodes in a technocratic grid. He concludes that unless more people resist, we risk entering a future where convenience masks total economic and personal subjugation.

INTERVIEW TIMELINE:

0:00 Intro

 1:30 Who's running the show?

 8:23 Globalism

13:50 The Fed's real purpose

18:00 Banking system planned demolition

33:40 Rules, laws, and accountability

https://www.youtube.com/watch?v=ToVXpYsTI6s

Seeds of Wisdom RV and Economic Updates Thursday Morning 5-1-25

Good Morning Dinar Recaps,

COULD THE SEC SETTLE WITH RIPPLE LAWSUIT USING XRP?

▪️John Squire suggests SEC might settle Ripple case by accepting XRP instead of cash.

▪️Delaying XRP ETF approval could help SEC avoid rising prices before settlement deal.

▪️June 17 ETF delay might be part of SEC’s calculated move, says Squire.

A surprising idea is gaining attention in the crypto world as social media influencer John Squire suggests that the U.S. Securities and Exchange Commission (SEC) could be planning to settle its lawsuit with Ripple by accepting XRP tokens instead of cash.

Will the SEC truly accept XRP as a payment? Let’s find out!

Delaying ETF Could Be a Strategic Move

In a recent tweet that’s now widely shared, John Squire suggests that the SEC could be delaying the approval of XRP spot ETFs on purpose. Because if they plan to settle the Ripple lawsuit using XRP, they wouldn’t want the price of XRP to shoot up too early.

And that’s exactly what could happen if a spot ETF is approved right now. Unlike a futures ETF, a spot ETF buys XRP directly. That demand would send the price soaring, possibly making XRP too expensive for a favorable government settlement.

Therefore, to keep XRP’s price lower, there has been a delay in the settlement process.

If XRP Is Used as Payment

The theory comes after journalist Eleanor Terrett confirmed that the SEC had delayed its decision on Franklin Templeton’s XRP spot ETF until June 17. Squire argues that this delay is not a coincidence but part of a broader strategy.

Squire says that if the SEC accepts XRP as payment, it would show they no longer see it as illegal. He also points out it wouldn’t make sense for the U.S. government to take payment in something they say is not allowed.

Such a settlement could also lead to regulatory clarity for XRP, encourage institutional investment, and possibly mark the beginning of a new bull run for the token.

XRP Price Outlook

As of now, XRP is trading around $2.20, reflecting a drop of 0.63%, with a market cap hitting $129.13 billion.  However, the 1-day chart suggests that if XRP goes above $2.40, it could start a strong upward trend toward $2.60 or even $2.90. But if it falls below $2, it might trigger more big sell-offs.

@ Newshounds News™
Source:  Coinpedia

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NORTH CAROLINA HOUSE PASSES STATE CRYPTO INVESTMENT BILL

North Carolina’s House passed a bill to allow the state treasurer to invest government funds in approved cryptocurrencies with a 71 to 44 vote.

North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate.

The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by a vote of 71 to 44.

Republican House Speaker Destin Hall introduced the bill in February, which would allow the treasurer to allocate 5% of the state’s investments into designated digital assets.

The investments can only be made after obtaining an independent third-party assessment confirming that the crypto holdings are maintained with a secure custody solution and risk oversight and regulatory compliance standards are met.

New amendments allow the treasurer to examine the feasibility of allowing members of retirement and deferred compensation plans to elect to invest in digital assets held as exchange-traded products (ETPs).

The House also passed a related bill, the State Investment Modernization Act, or HB 506, with little discussion on April 30, in a 110 to 3 vote.

The bill aims to create the North Carolina Investment Authority (NCIA) to take over investment management from the treasurer.

If passed into law, the authority to invest in digital assets would transfer from the treasurer to NICA, and approval would be required from its board of directors based on third-party assessments to make crypto investments.

Local news outlet NC Newsline reported that Treasurer Brad Briner supports both bills.

Arizona leads the crypto bill race

North Carolina is second to Arizona in the state-level race to approve legislation allowing local governments to invest in cryptocurrencies.

On April 28, Arizona’s House approved two bills, SB 1025 and SB 1373, proposing different methods for the state to establish a crypto reserve.

Arizona is the only state whose House and Senate have passed crypto-related bills, which are both awaiting Governor Katie Hobbs’ decision.

@ Newshounds News™
Source:  CoinTelegraph

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Bits and Pieces “ in Dinarland Thursday AM 5-1-2025

SWIFT Just Said the Quiet Part out Loud

589bull:  5-1-2025

SWIFT just said the quiet part out loud:

“Tokens allow messaging and settlement to be collapsed into one.”

Translation? The old financial system just admitted it’s cooked.

For decades, banks played a game.

First they’d send a message (SWIFT). Then — hours or even days later — they’d move the money. Two separate layers. Two sets of fees. Two opportunities to stall, skim, and manipulate.

That game’s over.

With tokenized value? There’s no delay, no middleman, no second layer.

When the message is sent — the value moves with it. No waiting. No clearing house. No FX trap.

It’s one move. One strike. Final.

This is exactly what XRP was designed for. Same with XDC and QNT.

Real-time settlement. Frictionless. Immutable. And now SWIFT’s basically admitting they’re switching to that model — after fighting it for years.

Funny how that works.

Now Iraq.

They’ve got a locked-up budget, a brand new CBI headquarters, and a digital banking system syncing up as we speak.

You think they’re doing all that for another decade of 1,300-to-1 rates?

Come on.

This isn’t just about payments. It’s about control.

Once settlement and messaging collapse into one, the middlemen collapse too. That means real money moves start happening without IMF approval, without central bank delays, and without SWIFT’s gatekeeping.

This is how the reset happens.

Not with an announcement.
Not with a press release.

It happens when the plumbing flips behind the scenes… And they start talking like the new system is already live.

SWIFT just did.

Watch liquidity.
Watch corridors.
Watch Iraq.

Because when they say “collapsed into one”, what they’re really saying is:

The storm’s not coming. You’re standing in it.

Source(s):
https://x.com/589bull10000/status/1917533399968866435

https://dinarchronicles.com/2025/05/01/589bull-swift-just-said-the-quiet-part-out-loud/

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

Sandy Ingram   As you know the Iraqi Foreign Minister Fuad Hussein left for Washington D.C. to meet with Secretary of State Marco Rubio on Thursday.  But what you many not know is the huge request the Iraqi Foreign Minister had for the United States...The visit signals a deepening partnership between the two nations, which is a good thing for IQD investors.  But the interesting factor that was finally revealed about the meetings was Iraq's request.  Iraq asked the US to reconsider travel warnings ...A move that could make it easier for investors to travel freely to the country...   [Post 1 of 2...stay tuned]

Sandy Ingram  Hussein stressed that the current "Level 4 - Do Not Travel" advisory is hurting Iraq's chances of attracting American businesses and investment.  He explained Iraq's situation has improved significantly and continuing to label Iraq as highly dangerous just doesn't reflect the new reality on the ground anymore...Hussein pointed out some European countries have already updated their travel advisories for Iraq...As of now, it's unclear whether the Untied States will agree to remove or lower the travel warning...If Washington does choose to reconsider it would mark a major step toward opening Iraq's doors wider to American investors and businesses.  Guys this is major!   [Post 2 of 2]

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Mike Bara:  Special Non-Florida Live News/Discussion with Special Guest Wolverine!

4-30-2025

https://www.youtube.com/watch?v=MM1xWF430oc

“Tidbits From TNT” Thursday Morning 5-1-2025

TNT:

Tishwash:  Fuad Hussein arrives in Oman to exchange views on "current challenges"

Fuad Hussein arrives in Oman to exchange views on "current challenges"
The Iraqi Ministry of Foreign Affairs announced the arrival of its Minister, Fuad Hussein, to the Omani capital, Muscat, on an official visit aimed at strengthening bilateral cooperation between the two countries.

The ministry said in a statement that "Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein is scheduled to hold meetings during the visit with a number of Omani officials, most notably the Omani Minister of Foreign Affairs, Badr bin Hamad Al Busaidi, to exchange views on regional and international developments and current challenges."

The statement indicated that the Iraqi Ambassador to Muscat, Qais Al Ameri, and embassy staff attended the reception ceremony.  link

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Tishwash:  The majority of Iraq's financial assets are in US dollars. Al-Sudani's advisor discusses linking Iraqi banks to US banks.

On Wednesday, April 30, 2025, Mazhar Mohammed Salih, advisor to the Prime Minister for Financial Affairs, spoke about the repercussions of linking Iraqi banks to American banks.

As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues, it is in our country’s interest to deal equally with the US commercial banking system as a global correspondent power for national banks, especially when dealing with more than one US bank operating globally (Global Bank) that has major global branches and arms, ” Saleh said in a press statement followed by Al-Jabal.

He pointed out that "the Central Bank of Iraq's efforts to link national banks with major banks and financial institutions in the United States, with more than one bank that enjoys international standing, is an important means of providing economic stability and improving the investment, trade, and development climate in our country through integration with the dollar trade, banking, and investment zone, which remains one of the strongest and most important monetary zones in the world."

He stressed  that "reducing the costs of foreign banking transactions requires direct banking cooperation with more than one American (Global) bank, and that the Central Bank of Iraq is moving in the right, open, and rapid direction in assessing its priorities to serve the stability of the national economy at the level of foreign banking transactions and implementing them with the required speed and high guarantees ."

He pointed out that "the second American bank is responsible for providing opportunities for Iraqi banks as a global correspondent bank with multiple branches and operations to quickly implement banking operations, whether in transfers or financing foreign trade for our country's markets, without obstacles and with transparency and high governance. In addition, it provides financing and credit lines for trade and investment in Iraq, as well as benefiting from digital banking services and highly advanced international standards, which will bring our national banks to the required global level.

These are factors that encourage the investment and business climate in our country at the same time, in the midst of integration and cooperation with the international banking system."  link

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Tishwash:  KRG official publicly criticizes Iraq’s Trade Bank over delays to ATM rollout and bank cards

 A senior official in the Kurdistan Regional Government publicly criticized Iraq’s Trade Bank on Wednesday, citing significant delays and insufficient cooperation in the rollout of a high-profile digital banking initiative intended to modernize public salary payments.

The initiative, known as My Account, launched in September 2023, aiming to allow government employees in the Kurdistan Region to receive salaries digitally via bank-issued cards, reducing dependency on cash and increasing financial transparency. TBI was among several banks selected for participation.

“We are pleased to announce that the Trade Bank of Iraq is now part of the My Account project to digitize salary payments in the Kurdistan Region,” the ministry had said in a statement last year. Although welcomed in May 2024 by the Kurdistan Ministry of Finance, TBI’s participation has become a source of concern.

Nearly a year later, officials say the bank has fallen short of its commitments.

Aziz Ahmed, deputy chief of staff to KRG Prime Minister Masrour Barzani and the official leading the My Account team, spoke candidly to 964media. “It’s true, this is the first time we are publicly expressing our concerns about one of the banks in the My Account project, which is TBI,” he said. “But the scale of the issues with this bank can no longer be overlooked.”

Ahmed explained that the KRG has been waiting for over a year for TBI to fulfill a pledge to install 100 ATMs. “Despite over 40,000 requests from public employees in the Kurdistan Region to open accounts with the bank, the ATM installation process hasn’t moved forward, and the issuance of My Account cards has also been delayed,” he said.

The delay, according to Ahmed, is not just administrative but has practical consequences. “The delay in delivering ATMs and distributing bank cards has affected the speed of the banking rollout and has harmed public employees in the region,” he said.

Other banks participating in the program have also experienced occasional technical setbacks, but those were typically resolved without long-term disruption. “The level of difficulty we’ve had with TBI is different and ongoing,” Ahmed said. “Issues faced by other banks, such as temporary ATM outages, were addressed and solved. That has not been the case with TBI.”

According to the latest data obtained by 964media from the My Account project, there are approximately 650 ATMs available across the Kurdistan Region—many newly installed as part of the initiative. The project aims to expand this network to over 1,200 ATMs, reaching beyond major cities to include towns and remote areas.

This expansion is intended to ease salary access for the Kurdistan Regional Government’s 1.2 million public sector employees—roughly one ATM for every 1000 workers.

Eight banks are currently participating: BBAC, Cihan Bank, RT Bank, Bank of Baghdad, Iraqi Islamic Bank, National Bank of Iraq, Trade Bank of Iraq, and the International Development Bank.

964media has learned that the project has registered around 750,000 employees so far, with more than 450,000 having received their bank cards, enabling them to withdraw salaries from ATMs after being paid directly to their individual bank accounts.

The project has vowed to register all public sector employees for digital banking accounts by the end of this year.

Ahmed said the KRG has formally raised the issue with both the Central Bank of Iraq and the office of Iraqi Prime Minister Mohammed Shia al-Sudani. “Despite our repeated official communications and efforts to resolve the problems with the bank at the highest levels, the response and cooperation have not met expectations.”

Frustrated by the lack of progress, the KRG has opted to go public. “The lack of a satisfactory outcome from those efforts has left us no choice but to make our concerns public in the spirit of transparency,” Ahmed said.

My Account functions as an alternative to Baghdad’s Tawtin (localization) program. In February 2024, Iraq’s Federal Supreme Court ruled that salaries for public employees in the Kurdistan Region must be paid directly by the federal government, rather than through the KRG’s allocated share of the national budget.

In September 2024, public sector workers in Erbil and Sulaymaniyah expressed growing frustration as some ATMs ran out of cash, leaving many unable to access their delayed wages. However, officials overseeing the My Account project say those problems have since been addressed and that the system is now operating more smoothly. There have been no reports of widespread issues since.  link

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Mot:  'Footloose' - Dancing In The Movies  https://www.youtube.com/watch?v=0rLhJZTHYo4

Mot: 40 FINGERS - Sound Of Silence & The Last Of The Mohicans

https://www.youtube.com/watch?v=vOd6QAuK2YE

Seeds of Wisdom RV and Economic Updates Wednesday Evening 4-30-25

Good Evening Dinar Recaps,

UK DECIDES TO ALIGN WITH US RATHER THAN EU OVER CRYPTO REGULATION: INTRODUCES NEW RULES

Amidst fear of losing ground to global fintech hubs, the UK has announced new draft regulations for the crypto sector.

On 29 April 2025, Finance Minister Rachel Reeves said, “Through our Plan for Change, we are making Britain the best place in the world to innovate – and the safest place for consumers. Robust rules around crypto will boost investor confidence, support the growth of Fintech and protect people across the UK.”

The UK government is now introducing compulsory regulation for crypto exchanges, dealers, and agents.

Importantly, the UK has decided to align with the US, treating crypto assets as securities. This marks a departure from the EU’s Markets in Crypto-Assets (MiCA) framework, which took effect in December 2024.

“The Chancellor also revealed that the UK and US will use the upcoming UK – US Financial Regulatory Working Group to continue engagement to support the use and responsible growth of digital assets,” the UK government website said.

The government aims to finalize the legislation by the end of 2025.

UK’s Clear New Rules To Boost Investor Confidence

Furthermore, the Chancellor also revealed that discussions with the US about supporting the use and responsible growth of digital assets are underway, as the government works in national interest to drive growth through Plan for Change.

The Chancellor also announced that the government will publish the first-ever Financial Services Growth and Competitiveness Strategy on 15 July, alongside her Mansion House speech. This will support the financial services sector’s long term growth, with Fintech identified as a priority sector, and help it finance investment and growth across the UK.

Around 12% of UK adults now own or have owned crypto, up from just 4% in 2021.

Industry Leaders Urge UK To Address Urgent Concerns Around Regulation, Funding, Innovation

Despite the government’s efforts, several fintech and crypto executives have expressed concern that the UK is losing its competitive edge.

“I think the UK will get it right — but there is a risk if you get it wrong that you drive innovation to other markets,” Keith Grose, Coinbase’s UK head, revealed CNBC on 30 April 2025.

Meanwhile, Jaidev Janardana, CEO of digital bank Zopa, weighed in too. “If I consider the pace of innovation, I believe the US is currently ahead – despite its own set of challenges. Yet, when you look at places like Singapore and Hong Kong, there is significantly faster innovation,” he said.

Tim Levene, CEO of venture capital firm Augmentum Fintech, said, “We’re scrambling around looking for pots of capital in the UK, where currently it would be more fruitful to go to the Gulf, to go to the US, to go to Australia, or elsewhere in Asia, and that that doesn’t feel right.”

@ Newshounds News™
Source:  99Bitcoins

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BRICS MAY PUSH GOLD PRICE TO $6,000 AS US TRADE WAR TALKS PERSIST

With continued geopolitical unrest, the rush to haven assets has been an undeniable reality. That could benefit one economic alliance that has sought out a US dollar alternative for much of the last year. Indeed, the BRICS alliance may push the gold price to heights of $6,000 as talks of an impending US trade war persist.

Since its unveiling of sweeping global tariffs in early April, tension between the US and China has reached a fever pitch. Moreover, that has created increased conflict within the alliance itself, as the group has recently failed to deliver a joint statement. Yet, all eyes are on gold, as the developments could only fuel the asset that BRICS nations have purchased rampantly throughout the last year.

BRICS May Push Gold to New Heights Amid US Tensions

Since he emerged victorious in the 2025 US presidential election, Donald Trump has expressed his issues with the BRICS alliance. He threatened 150% tariffs on the bloc for their role in global de-dollarization efforts. Although that didn’t come to fruition, China is facing import duty increases of up to 245% amid its recent roll-out of America-first trade policies.

These could only strengthen the Global South collective, however, as the policy reshapes the international economy. Indeed, the BRICS bloc may push the gold price to $6,000 as talks of a US trade war persist.

US Global Investors CEO and executive chairman of Hive Digital Technologies, Frank Holmes, recently discussed gold’s potential. “I think the goal should be going to $6,000 over the term for President Trump,” Holmes said. “If the tariffs go up 25%, then the dollar has to go down 25%,” Holmes added.

The expert was articulating the reality that the ongoing economic policy and the greenback have an adverse relationship. Since he entered office, the US dollar has plummeted 10% over the first 100 days of Trump. Moreover, BRICS, and China specifically, have ramped up gold buying.

The People’s Bank of China has been the largest covering buyer of gold for more than five straight months. Moreover, in Q1 alone, it added 27 tonnes to its reserves, making it the largest holder in modern history. Trading at the $3,300 level, there is room for the asset to skyrocket, especially if the Trump tariff plan is resumed in the coming month.

@ Newshounds News™
Source:  Watcher Guru

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More News, Rumors and Opinions Wed. PM 4-30-2025

KTFA:

Henig:  LNG, aircraft, agriculture contracts with US must be done in May: PM

April 29, 2025 - 17:00

Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. HÀ NỘI —

Prime Minister Phạm Minh Chính on Tuesday chaired a meeting in Hà Nội with ministries and relevant agencies to review preparations for bilateral trade negotiations with the United States.

This was the sixth cabinet meeting regarding the implementation of conclusions and directives issued by the Party Central Committee, the Politburo, and General Secretary Tô Lâm on adapting to the US’ new tariff policies, in which Việt Nam is subject to a 46 per cent rate.

 PM Chính stated that Việt Nam had recently implemented a wide range of active and coordinated measures. Ministries and sectors have engaged with the highest sense of responsibility. The results so far are heading in a positive direction, yet the situation remains complex, requiring agencies to closely monitor developments, respond promptly and effectively, and address issues within their jurisdiction in a proactive, practical, and feasible manner.

Vietnamese agencies have been making great efforts to address issues related to the origin of goods, non-tariff barriers, intellectual property, copyright, and administrative procedure reduction.

 PM Chính has instructed ministries and sectors to be proactive in working with the US, clearly explaining the issues of US concern that Việt Nam has been addressing.

He urged the swift negotiation and signing, by May 2025, of contracts for the purchase and import of goods from the United States, such as LNG, aircraft, pharmaceuticals, medical equipment, and agricultural products, to ensure a sustainable trade balance.

 PM Chính emphasised that negotiations must be conducted with calmness, determination, and great flexibility – avoiding either perfectionism or haste – while safeguarding national sovereignty, security, and interests.

 The negotiations must also honour Việt Nam’s international commitments, ensuring no one objective is pursued at the expense of another party or country, and adhering to the principle of “harmonised interests, shared risks”.

He requested Vietnamese agencies to engage in dialogue with the US so that both sides could reduce tariffs on each other’s goods to mutually appropriate levels. He also called on the US to soon recognise Việt Nam as a market economy and lift restrictions on the export of high-tech goods.

These measures would contribute to trade balance and technology transfer, while reflecting US’s support for a strong, independent, self-reliant, and prosperous Việt Nam. Việt Nam will continue to revise its legal framework to address US’ concerns, while ensuring sovereignty, fulfilling international commitments, and maintaining compatibility with the legal systems of both countries.

The Government leader noted that Việt Nam had recently focused on amending numerous laws. At the upcoming ninth session of the National Assembly, the Government will submit proposals to amend laws related to intellectual property, copyright protection, and administrative procedure reform to better reflect the current context.

Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. PM Chính instructed each relevant ministry and agency to develop specific negotiation plans, and tasked the Ministry of Industry and Trade with consolidating and finalising these plans by April 30. — VNS LINK

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

Militia Man   Article: ..."the country's massive financial reserves are one of the main reasons behind the improvement in the value of the Iraqi dinar against the dollar.  We expect the dinar's value to continue to improve in the coming period."  That' kind of a heads up without saying, 'Hey, we're revaluing our currency!' But they did say we expect the dinar's value to continue to improve in the coming period...

Boots-On-The-Ground Guru Maxis  I am in Baghdad (Green Zone).  A few of my guys [Iraqi employees] have [bank] accounts but they have not deposited their large notes until they are sure about the new lower notes and a revaluation. There are no consequences if they don’t [make a deposit]. The GOI has offered bonds but they are weary of these. They do expect a revaluation but all it will mean to them is cheaper prices on goods and services. Yes they are [excited about purchasing power] but they are getting frustrated about the delays.

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When Trump is Finished, Federal Reserve will be Insignificant, Long Live Gold and Bitcoin

X22 Report (with Bob Kudla):  4-29-2025

Bob begins the conversation talking about how Germany is going to block out the sun, which means solar power will not work they way they said it will to power the country.

Gold and Bitcoin are making moves as the fiat currency implodes on itself.

Oil is going to come down to counter the tariff temp price increase, but when the temp price increase is gone because companies are paying for it people are going to see prices come down.

In the end the Federal Reserve will be insignificant.

https://rumble.com/v6sq4rv-bob-kudla-when-trump-is-finished-federal-reserve-will-be-insignificantlong-.html?e9s=src_v1_ucp

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The Quiet Coup: BIS Just Rewrote The Global Monetary Rules With One Gold Ruling | Andy Schectman

Two dollars investing:  4-30-2025

In a move that went unnoticed by nearly everyone, the Bank for International Settlements (BIS) quietly reclassified gold—forever altering the structure of the global financial system.

Andy Schectman breaks down how this one ruling reshaped the balance of monetary power, signaled a silent collapse of confidence in fiat, and exposed the coming gold-backed shift few are prepared for.

Discover why central banks are hoarding gold, what this means for the U.S. dollar, and how the BIS may have just staged the greatest monetary coup of our lifetime.

https://www.youtube.com/watch?v=QZ16uMtcH9s

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 4-30-25

Good Morning Dinar Recaps,

COINBASE URGES SUPREME COURT TO WEIGH IN OVER IRS'S ACCESS TO CUSTOMER DATA

▪️Coinbase said the Supreme Court should clarify the third-party doctrine, which says that people who give information to third parties, such as banks, should not have an expectation of privacy.

▪️Others have filed amicus briefs, including billionaire Elon Musk, the Cato Institute, and the DeFi Education Fund.

Coinbase urged the U.S. Supreme Court to consider a case involving the Internal Revenue Service that it says "sets a dangerous precedent" surrounding customers' personal data.

The crypto exchange said the Supreme Court should clarify the third-party doctrine, which says that people who give information to third parties, such as banks, should not have an expectation of privacy.

"This Court’s guidance is especially important here because this case involves a new technology—blockchain— that is particularly susceptible to surveillance abuse," the firm said in an amicus brief filed on Wednesday with the Supreme Court.

The IRS demanded records from Coinbase almost a decade ago from thousands of its customers, including information involving security settings, transactions, and correspondence. The company pushed back, but a district court later said Coinbase had to comply, but narrowed the IRS's search according to the filing.

In 2020, petitioner James Harper, a Coinbase customer, filed a suit against the IRS for its role in the alleged unlawful seizure of information that identified him as a crypto holder.

Now it's up to the Supreme Court to decide if it wants to take Harper's case up. Others have filed amicus briefs, including billionaire Elon Musk, the Cato Institute, and the DeFi Education Fund.

Coinbase Chief Legal Officer Paul Grewal said the company supports complying with tax rules, but said the IRS went too far.

"We believe in tax compliance, but this goes far beyond a narrow and tailored request and far beyond crypto," Grewal said Wednesday in a post on X. "This applies to banks, phone companies, ISPs, email, you name it. As we explain here, you should have the same right to privacy for your inbox or account as you have for a letter in your mailbox."

@ Newshounds News™
Source:  The Block

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ZIMBABWE REINTRODUCES GOLD COINS SALE TO STRENGTHEN CURRENCY RESERVES

 https://goldseek.com/article/zimbabwe-reintroduces-gold-coins-sale-strengthen-currency-reserves

As gold prices skyrocket, the Reserve Bank of Zimbabwe (RBZ) has resumed issuing gold coins.

The central bank introduced the coins in June 2022. The program was touted as a way for investors to store value in the face of rampant inflation. At the time, a Zimbabwean brokerage firm analyst told Al Jazeera that the coin was a “welcome development.”

“For a long time, the market did not have many investment options, and this is a new asset class. The thinking was inspired by the need to come up with an instrument that addresses the inflation problems in the economy, where purchasing power has been eroded. From what we are gathering, this is going to be a store value.”

He went on to say that the fundamentals of gold help it hedge against inflation and geopolitical risk, and that the gold coins would open the gold market to “ordinary investors.”

The RBZ suspended the sale of the coins 10 months ago, but they are now being reintroduced through local banks.

Fidelity Gold Refineries (Private) Limited mints the 22-carat "Mosi-Oa-Tunya" coin. It is available in various sizes, ranging from 1/10 ounce to 1 ounce.

The Zimbabwe central bank owns Fidelity Gold Refineries (Private) Limited, and it operates as the only gold-buying and refining entity in the country.

RBZ monetary policy committee member Persistence Gwanyanya told Bloomberg that the reintroduction of the gold coins comes at a time when “gold is more attractive to the market,” and that the move “supports our value preservation efforts.”

“We are taking advantage of firm gold prices and re-injecting the gold coins into the market.”

According to the Bloomberg article, the hope is that resuming gold coin sales will “ramp up the bullion stockpile used to back up the local currency, the ZiG.”

You might be wondering how selling gold increases a bullion stockpile.

The answer is it doesn't. Bloomberg seems to be oversimplifying a monetary policy scheme that will increase the reserves backing the ZiG, but won't increase the country's gold reserves specifically. 

@ Newshounds News™
Source:  GoldSeek

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News, Rumors and Opinions Wednesday 4-30-25

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 Wed. 30 April 2025

Compiled Wed. 30 April 2025 12:01 am EST by Judy Byington

Global Currency Reset: (Rumors)

Tues. 29 April 2025 The clock has run out. …Wikileaks Secrets on Telegram

As of this week, sources within the Pentagon  (allegedly) confirm that joint military operations between Russia, China, and White Hat factions in the U.S. have begun seizing offshore accounts holding trillions in stolen assets. These funds will (allegedly) be redirected into humanitarian projects post-reset.

BRICS-PLUS TAKES THE LEAD — GOLD-BACKED ECONOMY LAUNCHES: While the Western fiat system collapses, the BRICS-Plus alliance has officially greenlit the Global Currency Reset.

Russia and China are now dumping U.S. Treasuries, moving fully into gold-backed trade with South Africa, Brazil, India, and Indonesia.

Asian Dragon family sources (allegedly) confirm 50,000 metric tons of gold have been moved from underground bunkers in the Philippines and Indonesia to secure vaults for the post-reset economy.

The Federal Reserve, IMF, and World Bank? Their days are numbered.

WHAT COMES NEXT
• Global media blackouts imminent
• Asset redistribution to fund global humanitarian projects

Prepare for the unexpected. The old system will not go quietly. But their fall is inevitable. THE RESET IS IN MOTION.

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Tues. 29 April 2025 Wolverine: “Bond Holders are (allegedly) liquid in their accounts. Money is defiantly moving.”

Tues. 29 April 2025 Bruce:

Three or four different sources say Tier4b (us, the Internet Group) should get notified Wed. 30 April and start exchanges on Thurs. 1 April.

Exchange Center personnel say they are (allegedly) getting an email tomorrow about getting started on exchanges by Thurs. 1 May.

Our Quantum Cards with our name on them are (allegedly) already at the Redemption Center where we are going to do our exchanges. The Quantum Card is used to move funds from your Quantum Account to your regular bank account.

Our R&R reimbursement payment will be (allegedly) in our accounts at the Redemption Center.

DOGE payments will be(allegedly)  put directly in your regular bank account in May.

We should get increase in SS payments in May.

Birth Certificates were(allegedly)  no longer considered legal, so don’t bring them to the exchange. Bring a picture ID like a Drivers License.

18 new rates were scrolling up and down on Redemption Center Screens and a message on the screen said that those rates should be solid on Wed. 30 April.

Read full post here:  https://dinarchronicles.com/2025/04/30/restored-republic-via-a-gcr-update-as-of-april-30-2025/

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

Mnt Goat   We witnessed so many banking and financial reforms in the past couple years...an article from...(April 15th)...once again telling us the black market (parallel market) may soon be completely gone come this June 2025...the remaining 5% of the cash payments for imports will be moved over also to the correspondent banks, as was the other 95% last December 2024. This will finally kill the remaining 5% of the black market. Hurrah, hurrah! This had to be done and the CBI told us this years ago. It is about to be reality...it is finally going to be done...This is going to happen suddenly and when you least expect it. They are almost there now. 

Militia Man  It's amazing to see how far the central bank has come.  They're in line with the global markets and they're going to have what I believe is to be inner connectivity...Iraq's ability to move away from the parallel market has been epic...95% of all transactions are outside of the parallel market.

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FED Guts Stress Tests as Big Banks Win, Depositors Lose

Taylor Kenny:  4-29-2025

The same banking giants responsible for the 2008 financial crisis are quietly reshaping regulations—again.

But this time, the threat isn’t bad mortgages; it’s U.S. Treasuries, consumer debt, and weakened bank stress testing. At the center of this shift is the Federal Reserve, and vocal support from banking leaders like Jamie Dimon.

 For anyone with money in a U.S. bank, this change could be devastating.

https://www.youtube.com/watch?v=mEnkAFx3n8o

A New Gold Standard, Evidence and Path to $10,000 Gold Intensifies

A New Gold Standard, Evidence and Path to $10,000 Gold Intensifies

Mike Maloney:  4-29-2025

The global economic landscape is constantly shifting, but recent murmurings suggest a seismic change could be on the horizon: a return to a gold-backed monetary system.

 In a provocative new discussion, economist and precious metals expert Mike Maloney presents compelling evidence suggesting this shift is not only possible, but increasingly likely.

This potential reordering of the global financial system could have profound implications for everyone, making it crucial to understand the driving forces behind it.

Maloney’s analysis points to several key indicators, starting with potentially unexpected sources. He highlights documented instances of Donald Trump advocating for gold-centric economic strategies, suggesting a possible long-term vision for a gold-backed dollar.

 While this idea might seem radical to some, Maloney argues it aligns with a growing sentiment among certain economic circles.

Beyond political rhetoric, Maloney delves into what he perceives as crucial “behind-the-scenes” maneuvers. He suggests the U.S. Treasury, along with global elites, are quietly preparing for a significant change to the monetary system. While concrete proof remains elusive, the implications of such preparations are significant.

One of the strongest arguments for a potential return to gold lies in the surging global flows of the precious metal. Nations are increasingly stockpiling gold reserves, a trend that historically signifies a move away from reliance on fiat currencies.

 This accumulation can be seen as a hedge against economic uncertainty and a preparation for a world where gold plays a more central role in monetary stability.

Further fueling the speculation is the activity surrounding COMEX, the world’s largest commodity futures exchange. Maloney argues that preparations within COMEX point to an awareness of a potential financial crisis and a need to manage a surge in demand for physical gold.

This heightened activity, coupled with historical precedent, paints a picture of a system bracing for a significant disruption.

History provides valuable lessons in understanding these trends. Throughout history, periods of economic instability have often led to a renewed interest in gold as a store of value.

As fiat currencies fluctuate and lose purchasing power, the tangible nature and inherent value of gold become increasingly attractive.

 Maloney uses historical examples to illustrate the potential pitfalls of relying solely on fiat currencies and the stabilizing role gold can play in a turbulent economy.

So, what does all this mean for the average individual? Maloney suggests that a return to a gold-backed monetary system could trigger a massive wealth transfer.

Those who are prepared and positioned to understand the transition could potentially benefit significantly, while those who are unprepared risk being left behind.

Ultimately, the question remains: will we witness a return to a gold-backed monetary system?

While definitive answers are impossible to provide, the evidence presented by Maloney and others suggests that the possibility is far from negligible. Understanding these trends, analyzing the data, and taking proactive steps to protect your financial future could be crucial in navigating the potential economic shifts ahead.

 It’s time to consider: will you be positioned for what could be the greatest wealth transfer of our lifetime?

https://youtu.be/jLynHFHiyyw

Seeds of Wisdom RV and Economic Updates Wednesday Morning 4-30-25

Good Morning Dinar Recaps,

BRICS:  INDIA SEEKS TO BE A MAJOR REPLACEMENT SUPPLIER TO THE US IN TRADE

India hopes to establish a new deal with the US on trade quickly, as the country seeks to become a major replacement supplier in areas vacated by China in trade. 

New Delhi says its prepared to include a sweetener in trade talks with the US that would “future-proof” a deal by ensuring no other trade partners could have superior terms. “This clause, in a sense, future-proofs the U.S. deal and is the only way to do so,” one of the officials said.

Indian government officials are pushing for the deal to be accepted by the Trump Administration as soon as possible. Despite the tensions between the nation and the BRICS alliance, the US and India have been in revised trade talks for months.

The potential US-India trade deal represents a significant step forward in bilateral economic relations between the two nations. Secretary Bessent’s statements this week and India’s latest proposal suggest that negotiators have already made substantial progress in these ongoing discussions.

Right now, the US actively pursues trade agreements with several Asian nations as well. The Treasury Secretary provided some additional insight into these diplomatic efforts during his recent CNBC interview on Monday. Bessent stated: “The U.S. had also held very substantial negotiations with Japan, and discussions with other Asian trading partners were going well.”

India has already made several offers and pre-emptive concessions to the U.S. on trade, showing itself more eager than several other big U.S. trading partners. Unlike China, Canada, and the European Union, India has been very supportive of the Trump administration and has established a solid partnership. Furthermore, the country also wants to avoid the proposed 26% tariff on itself from the US.

@ Newshounds News™
Source:  Watcher Guru

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EU SECURITIES WATCHDOG ESMA ISSUES GUIDELINES TO COMBAT MARKET ABUSE IN CRYPTO ASSETS UNDER MICA

On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA).

Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address the unique aspects of crypto trading, such as its cross-border nature and heavy reliance on social media.

 They emphasize risk-based, proportionate supervision and aim to foster a unified supervisory culture through industry dialogue and NCA collaboration.

The guidelines will be translated into all EU languages, take effect three months after publication, and require NCAs to confirm compliance within two months, though ESMA encourages immediate adoption of the principles.

@ Newshounds News™
Source:  Bitcoin News

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🇪🇺 LATEST: Europe's second largest neobank, Bunq partners with Kraken to offer crypto trading services for its banking app users in six European countries starting April 29.

@ Newshounds News™
Source:  @Cointelegraph on Telegram

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“Tidbits From TNT” Wednesday Morning 4-30-2025

TNT:

Tishwash:  The Central Bank announces the launch of the Arab Financial Inclusion Week 2025.

Under the slogan "Promoting the Integration of People of Determination and Vulnerable Groups into the Formal Financial System," Financial Inclusion Week activities in Iraq kicked off this morning, Sunday, April 27, and will continue until May 5 of this year.

These activities are in line with the Central Bank of Iraq's efforts to promote financial inclusion in society and raise financial and banking awareness among various segments of society, especially those least benefiting from formal financial services. This will contribute to supporting economic and social development and achieving sustainability.

The week's activities include organizing workshops, exhibitions, direct awareness campaigns, and field trips aimed at spreading financial literacy across bank branches and financial institutions spread across all governorates. Activities will also be organized outside the branches in coordination with the Association of Islamic Banks, the Association of Private Commercial Banks, and the "We Will Reach You" and "Spare You" campaigns approved by the Central Bank.

Central Bank of Iraq
Media Office
April 27, 2025  link

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Tishwash:  To support small and medium-sized enterprises, a financing partnership was signed with the German Development Bank.

The Ministry of Planning announced today, Tuesday, the signing of a strategic financing partnership between the International Labor Organization and Iraqi financial institutions, within the framework of the Small and Medium Enterprises Development and Enhancement Project, funded by the German Development Bank (KfW).

Sabah Jundi Mansour, Director General of Economic and Financial Policies at the Ministry of Planning, explained in a statement received by Kalima News that "the importance of this partnership lies in supporting economic policies that focus on creating sustainable job opportunities and enhancing social protection, especially for vulnerable groups," noting that "the project represents a practical step toward activating responsible investment and linking financing tools to fair and comprehensive development policies." 

He pointed to "the role of Iraqi financial institutions in embracing qualitative cooperation with the International Labour Organization, which will enhance financial inclusion and open new horizons for entrepreneurship and local development." 

It is worth noting that "this partnership is part of joint efforts to support Iraq in achieving the Sustainable Development Goals, particularly Goal 8 on decent work and economic growth, and Goal 1 on eradicating poverty."  link

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Tishwash:  Due to the drop in oil prices, the Iraqi government is considering canceling the 2025 budget.

An Iraqi cabinet source said on Wednesday that the government is considering canceling the 2025 budget due to the drop in oil prices, which has increased the country's fiscal deficit .

The source told Shafaq News Agency, "The Council of Ministers did not formally discuss the budget schedules in its previous sessions, and Finance Minister Taif Sami informed the Council of Ministers that there is a large deficit in the budget schedules ."

He added, "Under current conditions, there will be no budget this year due to the decline in oil prices, which has directly impacted financial revenues and increased the deficit in the 2025 budget ."

The source explained that "if the budget is cancelled, Finance Minister Taif Sami may issue a decision to release bonuses and promotions for state employees that were halted and delayed due to the budget."

On April 16, the Parliamentary Finance Committee warned against adjusting the price of a barrel of oil in the Iraqi federal general budget due to the decline in global oil prices .

Committee member Jamal Kocher told Shafaq News Agency, "The price of a barrel of oil was set in the general budget law at $70 per barrel. At the time, the price of a barrel of oil was more than $70. It is not yet known whether the government has adjusted the price of a barrel of oil in the budget or not ."

Kocher pointed out that "the Iraqi state's operating budget is only 90 trillion dinars, and if the price of a barrel of oil falls below $60 and this is not addressed, this will lead the country to enter a financial crisis, and the government will spend the financial revenue from oil on employee salaries only   link

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Mot: . Spring is in da Air!!!!

Mot Sorry!! --- ((( heeee heeee heeee ))) 

Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-29-25

Good Evening Dinar Recaps,

HISTORIC: AI WILL BEGIN DEVELOPING LAWS IN THE UAE

The government of the UAE has launched what it calls the first AI-based legislative system, allowing synthetic agents to develop laws and monitor their effects through big data analysis.

UAE Enables AI Interaction in Lawmaking With New Smart Legislative System

Artificial Intelligence (AI) has begun to penetrate all aspects of human life, and governance is next. On April 14, the government of the United Arab Emirates (UAE) approved the implementation of what the media is calling the first AI-powered legislative system, paving the way for the proposal of law projects with significant synthetic participation.

The system will link all judicial rulings to their established jurisdictions, creating a map that connects these rulings with AI elements. As a participant in this system, the AI will be able to monitor these developments and study the effects of regulations in each jurisdiction with the help of this map.

Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and a member of the cabinet that approved this development, expects AI to significantly improve the legislative process in the UAE.

In this regard, he stated:

"The new AI-based legislation system will create a qualitative shift in the legislative cycle, its speed, and its accuracy, ensuring our national legislative excellence and keeping our laws in line with best practices and the highest aspirations."

Al Maktoum also highlighted that the system will be able to propose legislative amendments on an ongoing basis, supported by the analysis of their effects using big data and statistics. Official reports stated that the expectation is for this tool to enhance the efficiency of the legislative process and accelerate the legislative issuance cycle by up to 70%.

This new approach to legislation will also create new roles for AI agents, such as legislative researchers, legislative editors, and legislative monitors.

However, neither the technical details of the implementation nor the models to be used for this system were specified by UAE authorities.

@ Newshounds News™
Source:  Bitcoin

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US SENATE MAJORITY LEADER EXPECTS STABLECOIN VOTE BEFORE MAY 26 — REPORT

Lawmakers in the US Senate will reportedly move forward with a vote on the GENIUS stablecoin bill before the Memorial Day holiday.

US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial Day holiday.

According to an April 29 Politico report, Thune made the comments in a closed-door meeting with Republican senators, who hold a slim majority in the chamber. 

The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, was introduced by Senator Bill Hagerty in February and passed the Senate Banking Committee in March.

Thune did not mention any crypto or blockchain-related bills in his public comments on US President Donald Trump’s first 100 days in office. Since his Jan. 20 inauguration, Trump has signed several executive orders with the potential to affect US crypto policy, including one affecting stablecoins. Still, many of the actions do not carry the force of law without an act of Congress.

The proposed GENIUS bill could essentially restrict any entity other than a “permitted payment stablecoin issuer” from issuing a payment stablecoin in the United States. 

The House of Representatives, also controlled by Republicans, has proposed a companion bill to the legislation: the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act.

Trump accused of conflicts of interest over stablecoins, crypto ventures

The president’s executive order, signed on Jan. 23, established a working group to study the potential creation and maintenance of a national crypto stockpile and a regulatory framework for stablecoins. Republican lawmakers followed by introducing the STABLE and GENIUS acts.

Trump also introduced the order before World Liberty Financial, a crypto firm backed by the president’s family, launched its US-dollar pegged USD1 stablecoin.

 Many Democratic lawmakers said that Trump’s ties to the firm, coupled with his political influence and position, could present an “extraordinary conflict of interest that could create unprecedented risks to our financial system” as Congress considers the two stablecoin bills.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

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