“Tidbits From TNT” Tuesday Morning 5-20-2025

TNT:

Tishwash:  Finance: Ernst & Young contracted to evaluate Iraqi insurance companies.

The Minister of Finance announcedSami's SpectreToday, Monday, contractedIraqWith the company "Ernest"Young" Global to evaluate the performance of government insurance companies and make recommendations to determine their fate.

Sami told the official agency, which followed it:Alsumaria NewsHer ministry, "based on the directives ofcabinetI contracted with the international company Ernst & Young to evaluate the work of government insurance companies.

She added , "The company's role will focus on submitting technical recommendations to the ministry regarding merging, restructuring, or improving the current performance of these companies, in line with international best practices and standards."Ministry of FinanceIn 2023, it announced its selection of the international audit firm "Ernest"Young" and its headquartersAmerica...to "review its financial statements, as a first step in efforts to correct and reform financial policy, consistent with the principles of the Iraqi government's reform program," according to an official statement issued at the time. link

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Tishwash:  Rome addresses Baghdad economically: We propose an investment forum to deepen bilateral partnership.

The Italian government has expressed its desire to organize a joint economic forum with Iraq, bringing together businessmen and investors from both countries, as part of efforts to strengthen bilateral relations and expand trade and investment cooperation between Baghdad and Rome.

The Ministry of Foreign Affairs stated in a statement received by {Euphrates News} a copy of it, that: “Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, received today, Monday, the Undersecretary of the Italian Ministry of Foreign Affairs, Ms. Maria Tripodi, in Baghdad.”

At the beginning of the meeting, Tripodi congratulated the minister on the remarkable developments taking place in Baghdad, as well as on the success of the recent Arab Summit. She noted that she had held important and fruitful political and economic discussions during her visit, and affirmed her country's desire to organize an Iraqi-Italian economic forum with the participation of businessmen from both countries.

The Foreign Ministry added, "The meeting discussed developments in the region, with both sides affirming their convergence of views on a number of issues, while expressing optimism about the ongoing positive developments."

For his part, Fuad Hussein expressed his "satisfaction with the results of the discussions held by the Italian official in Baghdad," stressing that "bilateral relations are witnessing significant growth, and there is a shared ambition to enhance economic and trade cooperation between the two countries." link

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Tishwash:  Al-Sudani: Iraq is keen to continue coordination with Nokia to secure the infrastructure for the digital transformation project.

Today , Monday, Prime Minister Mohammed Shia Al-Sudani affirmed Iraq's keenness to continue coordination with Nokia to secure the infrastructure for the digital transformation project.

The Prime Minister's media office said in a statement received by Al-Youm Al-Akhbariya that "Prime Minister Mohammed Shia Al-Sudani received, today, Monday, the Ambassador of the Republic of Finland to Iraq, Anu Saarela, accompanied by a delegation representing the executive directors of the Finnish company Nokia, which specializes in the field of communications and information technology.

" The statement added that "during the meeting, ways to develop cooperation were discussed, especially in the fields of information technology and modern digital technologies, as the company's delegation provided a detailed explanation to Al-Sudani about its programs and plans to implement the digital transformation project and its services in the field of artificial intelligence and fifth generation communications."
Al-Sudani affirmed "Iraq's keenness to continue coordination with Nokia to secure the infrastructure for the digital transformation project in government departments and institutions, and in various sectors."

He pointed out that "the government has laid the foundations for legislation and laws, and created centers concerned with developing this technology and providing the required technologies," indicating that "Iraq presented, during the Arab Summit, important initiatives regarding digital transformation and artificial intelligence." 

For her part, Ambassador Al-Sudani congratulated "the successful organization of the Arab Summit and the strengthening of Iraq's role at the Arab and regional levels, in addition to the government's success in providing services and implementing development projects," stressing that "Nokia is determined to contribute effectively to providing the infrastructure for the digital transformation project, through contracts concluded with Iraqi companies."   link

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Tishwash:  Al-Sudani: Iraq presented important initiatives regarding digital transformation during the Arab Summit.

Prime Minister Mohammed Shia al-Sudani affirmed Iraq's commitment to continuing coordination with Nokia on Monday, noting that Iraq presented important initiatives regarding digital transformation and artificial intelligence during the Arab Summit.

The Prime Minister's Media Office said in a statement seen by Al-Eqtisad News, "Prime Minister Mohammed Shia al-Sudani received, on Monday, the Ambassador of the Republic of Finland to Iraq, Anu Saarela, accompanied by a delegation representing the executive directors of the Finnish telecommunications and information technology company Nokia."

He added, "During the meeting, we discussed ways to develop cooperation, particularly in the fields of information technology and modern digital technologies. The company's delegation provided His Excellency with a detailed explanation of its programs and plans to implement the digital transformation project and its services in the field of artificial intelligence and fifth generation communications."

Al-Sudani affirmed "Iraq's commitment to continuing coordination with Nokia to secure the infrastructure for the digital transformation project in government departments and institutions and across various sectors," noting that "the government has laid the foundations for legislation and laws and created centers dedicated to developing this technology and providing the required technologies."

He stressed that "Iraq presented, during the Arab Summit, important initiatives regarding digital transformation and artificial intelligence."

For her part, the ambassador congratulated the Prime Minister "on the successful organization of the Arab Summit, and the strengthening of Iraq's role at the Arab and regional levels, in addition to the government's success in providing services and implementing development projects." She emphasized that "Nokia is determined to contribute effectively to providing the infrastructure for the digital transformation project through contracts concluded with Iraqi companies."  link

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Mot:  Tree fell on my fence, but I’m making the best of it!

Mot: .. and then martha said 

Seeds of Wisdom RV and Economic Updates Monday Evening 5-19-25

Good Evening Dinar Recaps,

PAUL ATKINS: 'CRYPTO MARKETS HAVE BEEN LANGUISHING IN SEC LIMBO'

The new SEC chair said the regulator "should not be in the business" of stifling innovation at companies like those involved in digital assets.

In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry.

In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of the SEC. He suggested that the financial regulator would be more open to “adapt to and accommodate new developments” while still abiding by its statutes.

“The crypto markets have been languishing in SEC limbo for years,” said Atkins, adding:

“While I have directed Commission staff across our policy Divisions to begin drafting rule proposals related to crypto, the staff continue to ‘clear the brush’ through staff-level statements.”

Even before Atkins stepped into the role of SEC chair, the commission’s actions under Donald Trump suggested that it would radically depart from the direction of former chair Gary Gensler.

In 2025, the SEC has dropped several investigations and enforcement actions against crypto companies and issued guidance on memecoins and security tokens.

“As I begin my tenure as Chairman, I can tell you that we are getting back to our roots of promoting, rather than stifling, innovation,” said Atkins. “The markets innovate, and the SEC should not be in the business of telling them to stand still.”

Looking to Congress for market structure

Atkins’ remarks came as US lawmakers considered draft legislation to establish a regulatory structure for crypto markets. The proposed bill, moving through the House of Representatives, could clarify the roles the SEC and Commodity Futures Trading Commission (CFTC) have in overseeing and regulating digital assets.

Until the legislation passes Congress and is signed into law, the SEC’s rules and guidelines over crypto could face pushback from affected parties.

The SEC chair has given opening remarks and overseen the commission’s roundtable events, discussing regulatory issues surrounding digital assets and blockchain. The next event, scheduled for June 9, will cover decentralized finance.

@ Newshounds News™
Source:  Cointelegraph

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BRICS: TANZANIA OFFICIALLY BANS THE US DOLLAR

Taking a leaf straight from the BRICS playbook, Tanzania announced an official ban on the US dollar in local transactions. The Bank of Tanzania (BoT) has put a blanket ban on all foreign currencies in local transactions, and only the Tanzanian Shilling (TZS) is made legal tender. The ban comes after an influx of foreign currencies circulated the market for local transactions, leaving the TZS behind.

Tanzania is inspired by the BRICS agenda of de-dollarization and is striving to keep the US dollar in the back seat. Individuals, traders, business owners, and large corporations in the country are not allowed to use the US dollar for transactions. The ban includes both receiving and sending foreign currencies, making it a legal offense to initiate the payments. Every individual, bank, and business entity must use the Tanzanian Shillings and not foreign currencies.

“Under these Regulations, pricing and payment for all goods and services within the country must be in Tanzanian Shillings. Therefore, it is an offense to quote, advertise, or indicate prices in foreign currency, to compel, facilitate, or accept payment in foreign currency (US dollar), or to refuse payment made in Tanzanian Shillings,” read the statement mimicking the BRICS ideology.

BRICS: Tanzania & the US Dollar

The ban on the US dollar also includes foreigners who visit the country as tourists, making Tanzanian Shillings mandatory. Only a few authorities are permitted to use foreign currencies, and the regulation makes it clear that they need to specify the transactions. Those include government contributions to regional organizations, embassies, and transactions by international firms.

What BRICS failed to do to the US dollar, Tanzania got accomplished.

Developing countries are inspired by the BRICS agenda of using local currencies and forging ahead in banning the US dollar. The move will prove costly to the American economy if many countries join in on the de-dollarization bandwagon. The popularity of using local currencies for trade is growing and signals a major warning to the American economy.

@ Newshounds News™
Source:  Watcher Guru

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Bits and Pieces” in Dinarland Monday PM 5-19-2025

The Old Pretender: July 1st Basel III Compliance Audit

5-19-2025

The nitty gritty of Basel III NSFR: Allocated gold held in bank vaults is given 100% of its price. However, unallocated (paper) gold held in clearing houses is subject to a 20% price reduction.

Will this be implemented for US banks soon, or delayed again?

https://www.kitco.com/news/article/2025-05-14/not-so-fast-says-lbma-despite-rumors-basel-iii-has-not-declared-gold-high

What does @andrewmaguire1 mean by “the upcoming necessary 1st July Basel III compliance audit, which would be required for the US Treasury to exercise its gold revaluation account, which is revaluing gold to market.” (around 18:45)?

https://youtu.be/h9OD_GTNz9w

With uncertainty about Basel III changes and a Rio Reset, opinions vary on whether July will be seismic for #gold and #silver. Do you think it’s best for people to 1. bet their future on July being a nothing burger or 2. take precautions and buy physical metals before July?

Source(s):
https://x.com/Dioclet54046121/status/1924057023080964301

https://dinarchronicles.com/2025/05/19/the-old-pretender-july-1st-basel-iii-compliance-audit/

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KTFA:

Clare:  Al-Sudani directs contracting with two international companies to contribute to raising Iraq's credit rating.

5/19/2025  - Baghdad

Prime Minister Mohammed Shia al-Sudani chaired a special meeting on Monday to discuss financing private sector projects under the Sovereign Guarantees Initiative.

The Prime Minister's Media Office stated in a statement received by Al-Eqtisad News that "the meeting discussed mechanisms to facilitate procedures for achieving industrial development, the work of the Sovereignty Guarantees Committee, and the significant economic shift it has achieved in supporting the private sector, as part of the government's vision to achieve economic reform."

Al-Sudani directed "finding quick solutions to simplify legal and administrative procedures to facilitate the implementation and success of small business lending and sovereign guarantee initiatives, emphasizing the importance of adopting the economic reform approach and its paths to develop projects."

The Prime Minister also directed "contracting with two international companies, one specializing in international law and global economics, to work as an advisor to the Trade Bank of Iraq (TBI), and the other specializing in public relations, to contribute to raising Iraq's credit rating."   LINK

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

Walkingstick   Yesterday they made a statement at the Baghdad summit.  This Baghdad summit is a stage IMO to show off to every that is interested in the potential of Iraq's future.  Not right now, but as soon as they release the new exchange rate...Sudani...said Iraq is a Recovered nation....They have a recovered monetary reform...monetary  policy... investment opportunity...recovered their banks...infrastructure...They have recovered 1310 and in doing so IMO have a recovered exchange rate.  This is part of the recovery to say to the world and Iraqi citizens that the recovery of their monetary policy was successful.

Militia Man  Article:  "The Baghdad summit took place regularly and Iraq regained its leading role"  I like that title because it's leading role.  It's regained its place in the regional arena.  That's good...Saudi Arabia, UAE, Qatar, Egypt, every single one of those are trading partners.  They're going to have an impact when Iraq does a revaluation of their currency.  They have to have synergy/synchronization...It's going to be a powerful move when Iraq does that [rate change].

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TERRIFYING 1929 Stock Market Signal Has BEGUN! | Alasdair Macleod

Capital Cosm:  5-19-2025

https://www.youtube.com/watch?v=chztUut3Iqw

Seeds of Wisdom RV and Economic Updates Monday Afternoon 5-19-25

Good Afternoon Dinar Recaps,

CIRCLE COURTING ACQUISITION BIDS FROM COINBASE AND RIPPLE, ASKS FOR AT LEAST $5 BILLION: FORTUNE

Circle Internet Financial, the issuer of the second-largest stablecoin, is reportedly courting acquisition bids at a valuation of at least $5 billion, according to a report by Fortune.

The alleged sales talks involve Coinbase, Circle’s longtime partner, and Ripple, a recent rival in the stablecoin space. These discussions are happening even as Circle pursues a public listing.

In April, Circle filed a prospectus for an initial public offering, although the valuation remains undisclosed. Shortly after, Ripple offered between $4 billion and $5 billion to acquire Circle. However, Circle rejected the offer, stating the bid was too low.

This isn’t Circle’s first attempt at going public. Back in 2022, during the crypto bear market, the company canceled its SPAC merger that would have valued it at a staggering $9 billion.

Circle joins several other crypto firms like Kraken and BitGo in signaling public listing intentions under the pro-crypto economic climate of President Donald Trump. However, some analysts question whether Trump’s economic agenda may eventually dampen IPO appetite.

Trump has also publicly pushed for stablecoin legislation to be passed by the end of the summer—a development that could directly affect Circle’s strategic decisions.

Circle and Coinbase have maintained a long-standing partnership, dating back to the formation of the CENTRE Consortium, which initially managed the USDC stablecoin. USDC remains the most used stablecoin on Coinbase, and Circle reportedly paid Coinbase around $900 million in distribution costs in 2024.

Coinbase, meanwhile, is expanding aggressively, pursuing deals with Deribit (a derivatives exchange) and IronFish (a privacy platform). It also just became the first pure-play crypto firm to join the S&P 500.

Ripple is also building its stablecoin presence. It recently launched RLUSD on Kraken, integrating it into the platform’s payment infrastructure.

@ Newshounds News™
Source:  The Block

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US DOLLAR DETHRONED: ONLY 60% GLOBAL RESERVES STILL BET ON ITS REIGN

The US dollar has been dethroned from its long-held position as the world’s undisputed reserve currency—a reality now backed by measurable data. Recent findings show that the dollar’s share of global reserves has declined to approximately 60%, down from 67% two decades ago. This gradual but persistent shift signals a transformational change in global finance, as central banks increasingly diversify their holdings away from the greenback. At present, the ongoing de-dollarization trend is considered one of the most consequential changes in the international monetary system in decades.

The Decline of Dollar Dominance in Numbers

The dollar’s share in global reserves has been steadily eroding over the past 20 years, reflecting a global strategy by central banks to reduce reliance on any single currency and to protect themselves from geopolitical risk.

Historical Context of the Dollar’s Weakening

Since the euro’s introduction in 1999, central banks have actively trimmed their dollar holdings. The British pound and Canadian dollar have gained modest ground, while global trade disputes and rising geopolitical tensions have accelerated a move away from U.S. currency dominance.

Economically stressed nations and those seeking greater monetary independence are contemplating a shift from using the U.S. dollar as the primary trade currency. As a result, “de-dollarization” has become a central topic in financial markets.

Paradox of Dollar Strength Amid Declining Reserve Status

Even as reserve status declines, the dollar has remained remarkably resilient. Its strength is driven by:

• Higher U.S. interest rates

• Strong capital inflows

• Safe-haven appeal during global turmoil

As a result, the dollar has climbed to new highs in real terms, reflected in the Federal Reserve Trade Weighted Real Broad Dollar Index.

Market Reactions to Dollar Uncertainty

This year, the U.S. dollar weakened by 8% against a basket of major foreign currencies—fueling debate over its long-term reliability.

“It is hard to put the genie back in the bottle once such concerns are raised.”
— Vishwanath Tirupattur, Morgan Stanley strategist

With this uncertainty, investors are reallocating assets into gold, German bonds, and emerging markets, signaling a desire to diversify away from dollar-denominated investments.

Structural Challenges for Alternative Currencies

Despite this shift, replacing the dollar is no easy feat. Only a few alternatives come close to meeting the requirements of a reserve currency.

“There is really no alternative to the dollar. The Euro is very fragmented, China’s currency doesn’t float freely in markets, and the yen doesn’t have the scale to compete.”
— Brent Coggins, CIO, Triad Wealth Partners

A true reserve currency must be:

• Freely convertible

• Backed by deep and liquid bond markets

• Readily accessible in times of crisis

The U.S. Treasury market continues to provide these essentials, despite the dollar’s recent challenges.

Future Outlook for the Global Reserve System

While a complete abandonment of the dollar seems unlikely in the near term, the trend is clear: the world is moving toward a multipolar currency system.

“We ultimately think this shift is tactical rather than a fundamental reassessment of U.S. assets.”
— Nick Bennenbroek, International Economist, Wells Fargo

Yet, what truly worries White House economists is not short-term volatility—but the potential for a long-term structural reallocation of global savings away from U.S. assets. Such a move would undermine America’s ability to borrow cheaply, long considered an “exorbitant privilege.”

The global financial order is evolving. While no immediate successor to the dollar exists, the momentum of de-dollarization is unmistakable and growing.

@ Newshounds News™
Source:  Watcher Guru

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If Wealth Was Evenly Distributed Across America, How Much Money Would Every Person Have?

If Wealth Was Evenly Distributed Across America, How Much Money Would Every Person Have?

Andrew Lisa  Sat, May 17, 2025 GOBankingRates

According to the Federal Reserve, U.S. households hold $160.35 trillion in combined wealth, which is the value of every American’s assets minus their liabilities.

To say it’s distributed unevenly is too much of an understatement to even qualify as an understatement. The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.

Here’s a look at how much money each American would have if every person got an equal slice of the country’s wealth.

How Does Just Shy of a Half-Million Bucks Sound? It Depends Who You Ask

According to Google’s Data Commons project, the U.S. is home to roughly 340.11 million people.

If they divvied up the country’s $160.35 trillion jackpot equally, each would have about $471,465. That’s $942,930 per couple. If a couple had two kids, the four of them would be sitting pretty with $1.89 million.

To most in the lower 50%, that probably sounds like a pretty sweet deal. To many in the monied class in the top half, however, a net worth of less than a half-million dollars might as well be a stint in the poorhouse.

The Haves and Have-Mores Hoard 2/3 of the Pie

Nearly one dollar in three is in the pockets of the top 1%, which owns $49.46 trillion, or 30.8% of America’s combined wealth — but even the 1% has an aristocracy and an underclass.

TO READ MORE:

This article originally appeared on GOBankingRates.com: If Wealth Was Evenly Distributed Across America, How Much Money Would Every Person Have?

News, Rumors and Opinions Monday 5-19-2025

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 Mon. 19 May 2025

Compiled Mon. 19 May 2025 12:01 am EST by Judy Byington

What We Think We Know as of Mon. 19 May 2025:

On Liberation Day Wed. 2 April 2025 President Trump (allegedly) abolished the IRS (Internal Revenue Service) and launched the ERS (External Revenue Service), designed to tax foreign powers, not the American People – who were now (allegedly free from income tax forever. The projected revenue from tariffs alone was $700 billion annually – enough to run the federal government without touching your paycheck.

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Global Currency Reset:

On Sun. 11 May 2025 Ginger confirmed:

Liquidity is happening with the big groups.

Massive movement with the bigger groups coming – imminent (days) for Zim bonds Tier 3 beginning last Tuesday.

Things are actually happening. She has the rate but won’t say what it is.

A person she knows received their payment already.

The timetable is moving to Monday and Tuesday this week.

Zurich is exchanging worldwide.

Liquidity is upon us lol

The World Court verified 2-3 weeks ago that everything will be tax free.

Tier 3 bond holders were receiving their contracts and payments being received this week.

Tier 4 on the heels of that.

Seven unconnected sources dealing in different areas of this all say it’s going to be a Manic Monday on the bonds.

It’s all coming together.

CMKX members say they don’t have theirs yet but it could go into their accounts within a 24 hour period.

Another source (whale) received funds today and Ginger will wait for them to announce it. Not sure if it was their advance money or the 1%.

When Tier 4B received notifications, the Tier 3 will receive the balance of their funds.

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Sat. 17 May 2025: GLOBAL FINANCIAL EMERGENCY! GLOBAL CURRENCY RESET IS HERE! …Nesara Gesara QFS on Telegram

The world is on the brink of a catastrophic financial collapse! The Global Currency Reset (GCR), NESARA GESARA, and the Quantum Financial System (QFS) are no longer whispers in the dark. The storm is here, and the elites are scrambling to contain the fallout before the truth reaches YOU!

The Black Swan event is unfolding before our eyes! The world’s top economies are INSOLVENT! The U.S., Canada, Europe, Japan, Israel, the U.K., Taiwan, Australia, and New Zealand CANNOT sustain their debt any longer. The financial system is crumbling, and a monumental shift is coming that will change everything!

THE GREAT RESET VS. THE PEOPLE’S RESET! They want you distracted while they rewrite the financial order behind closed doors. But here’s the TRUTH: The QFS is set to replace the corrupt banking system that has enslaved us for centuries! This system, rumored to be gold-backed and fully decentralized, will eliminate the central banks and their criminal grip on global finance.

The elites know they are running out of time. They NEED the crash to happen on THEIR terms. They NEED you to be unprepared. But we see through their deception!

THE EMERGENCY BROADCAST SYSTEM (EBS) IS COMING! In the midst of this chaos, the EBS is primed for activation! Why? Because when the markets implode, when the banks fail, when the truth about NESARA GESARA is finally revealed, the world will enter a new era of financial sovereignty!

We are at the point of no return. The Federal Reserve is dead. The IMF is scrambling. The dollar is collapsing, and the fiat money system is burning to the ground. What will rise from the ashes? A fair, asset-backed system that restores power to the people!

WHAT YOU NEED TO DO NOW! Get cash in hand before bank closures hit!

Exit fiat currency NOW – gold, silver, and cryptos (XRP, XLM, XDC) will be the new financial foundation!

Read full post here:  https://dinarchronicles.com/2025/05/19/restored-republic-via-a-gcr-update-as-of-may-19-2025/

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

Mnt Goat   Article:   "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY"   Quote:  "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system"   WOW!...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena. If they are going to go international with their currency there will be vulnerability. They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic  shocks”.   I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.

5-18-2025   Intel Guru Frank26   The National Investment Company [In Iraq] is telling hundreds of nations to come into Iraq to invest at 1310 - Obviously not! ...They're investing because they know the truth...It's another solid piece of evidence to everyone that studies the Iraqi dinar that a new exchange rate with purchasing power is about to be revealed because the shadow of this new  exchange rate is being revealed on a daily basis.

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IMF Sounds the Alarm: Gold’s True Value Is About to Be Unleashed – Andy Schectman

Money Magnates:  5-18-2025

The international monetary system is undergoing a profound transformation as countries increasingly seek alternatives to the U.S. dollar.

Driven by geopolitical tensions, expanding Western sanctions, and a growing push for economic sovereignty, this global shift—commonly known as de-dollarization—is accelerating.

 At the heart of this movement is gold, which is reclaiming its historic role as a trusted store of value amid rising uncertainty in global markets.

The U.S. Money Reserve, one of the largest private distributors of government-issued precious metals, has highlighted this trend, emphasizing gold’s growing importance as a pillar of financial security.

Since the 2010 financial crisis, central banks have added over 7,900 metric tons of gold to their reserves. In 2024 alone, official gold reserves grew by 1,045 metric tons—marking the third consecutive year that central bank gold purchases have surpassed 1,000 metric tons.

This sustained accumulation signals a clear strategic shift away from fiat currencies toward hard assets.

https://www.youtube.com/watch?v=8ImTAVL6iRs

Seeds of Wisdom RV and Economic Updates Monday Morning 5-19-25

Good Morning Dinar Recaps,

TRUMP CONGRATULATES REPUBLICANS AFTER ‘BIG BEAUTIFUL BILL’ PASSES HOUSE PANEL

President Donald Trump praised House Republicans after a narrow but pivotal vote late Sunday night advanced what he called the “One Big Beautiful Bill Act,” containing many of his top legislative priorities.

“CONGRATULATIONS REPUBLICANS!!!” the president posted on Truth Social just before 1 a.m. Monday. “MAKE AMERICA GREAT AGAIN!!!”

The House Budget Committee voted 17-16 in a rare late-night session to move the bill forward. The proposed legislation aims to:

• Extend Trump’s 2017 tax cuts

• Boost immigration enforcement funding

• Cut spending on select social programs

House Republicans had spent the previous week negotiating details, particularly around spending cuts and the bill’s potential impact on the long-term national debt.

Notably, four GOP members who had previously blocked the bill’s advancement — Reps. Ralph Norman (S.C.), Chip Roy (Texas), Andrew Clyde (Ga.), and Josh Brecheen (Okla.) — shifted their stance and voted present, allowing the bill to proceed.

Speaker Mike Johnson (R-La.) said the process is far from over, stating the House will continue refining the measure as it moves to the Rules Committee:

“There’s a lot more work to do, we’ve always acknowledged that towards the end there will be more details to iron out, we have several more to take care of,” Johnson told reporters.

@ Newshounds News™
Source:  The Hill

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DUBAI REGULATOR SETS COMPLIANCE DEADLINE FOR UPDATED CRYPTO RULES

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued Version 2.0 of its activity-based Rulebooks, giving all licensed virtual asset service providers (VASPs) until June 19, 2025, to comply. The updated framework aims to strengthen market integrity, standardize regulatory terms, and enhance risk management across the digital asset ecosystem.

The revised rules, announced on May 19, tighten oversight for key activities including margin trading, token distribution, brokerage, custody, exchange, lending and borrowing, virtual asset management, and transfer and settlement services. VARA has harmonized compliance obligations across these areas, reducing ambiguity and streamlining operational expectations for VASPs.

Among the most notable updates are enhanced supervisory mechanisms and clearer definitions of core concepts such as “client assets,” “qualified custodians,” and “collateral requirements.” VARA also aligned disclosure obligations where service categories overlap, aiming to ease cross-functional compliance.

Margin trading regulations have been specifically tightened. Leverage thresholds have been reduced, and VASPs are now subject to stricter collateralization standards and real-time monitoring obligations. These measures are designed to curb systemic risks associated with overleveraged trading, particularly in volatile markets.

The new Rulebooks also introduce a dedicated section on token distribution. This includes clear licensing prerequisites, investor protection requirements, and robust marketing restrictions—especially for retail-facing offers—intended to align with global regulatory standards.

A VARA spokesperson emphasized that the updates aim to close observed regulatory gaps and create a consistent, secure environment for virtual asset activity in Dubai.

VASPs must comply within the 30-day transition period to avoid penalties. VARA’s supervisory team will be engaging directly with regulated firms to facilitate the transition and ensure readiness by the June 19 deadline.

@ Newshounds News™
Source:  CoinTelegraph

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BRICS: 5 COUNTRIES PAY 93% OF TRADE IN NATIONAL CURRENCIES

BRICS member Russia is advancing the de-dollarization agenda, convincing economic alliances to settle trade payments in national currencies instead of the US dollar. In the latest move, Russia confirmed that 93% of cross-border payments within the Eurasian Economic Union (EAEU) are now settled in national currencies.

This significant shift reflects a growing global trend away from the U.S. dollar as the dominant medium for international trade. After BRICS, several other economic alliances are following suit, putting further pressure on the dollar’s global reserve status. Emerging economies are asserting greater control over the global financial order, independently of Western influence.

BRICS: Eurasian Economic Union (EAEU) Sidelines the US Dollar

The EAEU alliance consists of five countries: Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. In 2015, only 70% of the bloc’s trade was conducted in national currencies. A decade later, that figure has climbed to a record 93%, reflecting a steady transition fueled by BRICS-inspired monetary strategies.

“If in 2015 the share of the ruble and other national currencies was about 70% in settlements with our partners in the EAEU, then by the end of last year we reached a record 93%,”
— Dmitry Volvach, Russian Deputy Minister of Economic Development

Russia has extended the BRICS ideology to the EAEU, pushing national currencies ahead of the US dollar in global trade. Today, BRICS, CIS, SCO, GCC, ASEAN, and EAEU are increasingly transacting in their own currencies, significantly reducing reliance on the dollar.

No Force—Only Incentives to De-Dollarize

Volvach stressed that no nation was coerced into de-dollarization. Instead, the transition was driven by practical benefits and national interests:

“It is impossible to artificially force participants in foreign economic activity to switch to one currency. This is a good foundation for further growth,”
— Dmitry Volvach

BRICS and EAEU now stand at the forefront of de-dollarization, marking a pivotal moment where national currencies gain global relevance over the long-dominant U.S. dollar.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

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“Tidbits From TNT” Monday Morning 5-19-2025

TNT:

Tishwash:  Trump's visit to the Gulf: Will it open the door to investment in the Kurdistan Region?

 US President Donald Trump's visit to several Gulf states has raised questions about its political and economic impact on the Kurdistan Region, given the region's well-known positive relationship with Gulf capitals and its close ties with Washington on development and security issues.

In this context, researcher and political analyst Yassin Aziz told Baghdad Today on Sunday (May 18, 2025) that "Trump's visit has significant repercussions for the entire region, including Iraq. Since the Kurdistan Region is part of Iraq, the region—although it has constitutionally granted special status—remains bound by the public interests and frameworks set by Iraqi foreign policy."

The Gulf and the region: a stable partnership and open prospects

Aziz adds that "the region's relations with the Arab Gulf states have been distinguished and positive for a long time, particularly with pivotal countries such as Saudi Arabia, the UAE, Qatar, and even the rest of the Gulf states," noting that "these countries already have investments in the region, and there is ongoing economic activity, although the ambition is for it to expand further in the coming period."

He believes that Trump's visit to the Gulf states "could be a catalyst" in this direction, as it reshapes the region's economic priorities and could create a new climate that encourages Gulf states to increase their investment engagement in safe and stable regions such as the Kurdistan Region.

Washington - Gulf - Erbil... a triangle of intersecting interests

In response to the possibility of competition between Gulf and American investments in the region, Aziz ruled out this proposal, asserting that "each party has its own perspective, and Gulf state investments do not come at the expense of foreign companies, but may complement them." He emphasized that "the Kurdistan Region is viewed by the Gulf as a stable model, suitable for investment, due to the availability of security and supportive laws."

The open opportunity... when will it become a reality?

Aziz concluded his remarks by emphasizing that "Trump's visit to the Gulf will not negatively impact the relationship between Erbil and the Gulf capitals, but may contribute to accelerating economic cooperation between them, within an environment that encourages multilateral partnerships."

He believed that "the next phase may witness greater openness by Gulf companies towards the region, driven by external political encouragement and a domestic desire to develop non-oil sectors."  link

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Tishwash:  During the Baghdad Summit, Iraq prepares to present a modern economic vision, the outlines of which were drawn up by Sudani.

Iraq is preparing today, Saturday, to present a modern economic vision stemming from nationalist trends outlined by Prime Minister Mohammed Shia al-Sudani during the Arab Summit. Meanwhile, the presence of Arab leaders and monarchs in Baghdad marks a turning point in regional relations and consolidates Iraq's openness to its Arab surroundings. 

The Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, said, "Iraq is preparing to present a modern economic vision stemming from national trends whose outlines were shaped by Sudan." He pointed out that, "This vision includes new partnership paths and advanced investment methods that are in line with the nature of the current economic phase and challenges." 

Al-Najjar emphasized that "the presence of Arab leaders in Baghdad represents a turning point in regional cooperation relations and consolidates Iraq's openness to its Arab surroundings." He added that "the Iraq Development Fund today represents an attractive and diverse investment base capable of absorbing capital and companies seeking to enter the Iraqi market, which is characterized by its vastness and rapid growth."  link 

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Tishwash:  Iraq's debt "very safe" below 33% of GDP

Iraq’s total public debt remains below 33% of the country’s gross domestic product (GDP), securing a low-risk standing in global credit rankings, an Iraqi official confirmed Friday.

Speaking to Shafaq News, Mazhar Mohammed Saleh, financial adviser to the prime minister, noted that Iraq wiped out nearly $100 billion in legacy foreign debt through the 2004 Paris Club agreement, most linked to pre-1990 conflicts under the former regime. The remaining debt was restructured over two decades, with the final installment—a $2.7 billion bond—due for full repayment by 2028.

During the war against ISIS, Iraq borrowed about $12 billion to support its national budget. The majority of these loans, especially those from the International Monetary Fund, have been repaid.

In the coming four years, Iraq must repay $9 billion in external debt. A similar amount, mainly from international development funds, is dedicated to rebuilding areas liberated from conflict. External debt currently represents roughly 8% of GDP, which Saleh described as “very safe.”

Domestic public debt totals 85 trillion Iraqi dinars (around $65 billion), with half held in the Central Bank of Iraq’s investment portfolio and the remainder mostly with state-owned banks or issued as bonds and treasury bills. Saleh attributed this accumulation to three significant downturns in oil revenues over recent years.

Internal debt, however, makes up about 25% of GDP. Combined with external obligations, Iraq’s total public debt stays below 33%—well under the widely accepted 60% threshold for sustainable debt levels.

Saleh also highlighted an unresolved $40 billion in debt dating to the Iran-Iraq war that remains unsettled despite the 2004 Paris Club deal. These “odious debts,” owed to eight countries, are expected to be written off by at least 80% under the agreement, pending verification.   link

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Mot: Ever Wonder Why (((Spring Cleaning))) - Takes sooo Long!!!??

Mot: ..... and Your Skill Level Is???   

More News, Rumors and Opinions Sunday PM 5-18-2025

Gold Telegraph: Major Gold Producers are Focusing on Acquisitions

5-17-2025

Gold Telegraph  @GoldTelegraph

BREAKING NEWS: FEDERAL RESERVE TO SHRINK STAFF BY ABOUT 10% OVER NEXT SEVERAL YEARS

Am I dreaming?

“Fed Chair Jerome Powell informed staff of the move on Friday in a memo…”

Source: https://www.bloomberg.com/news/articles/2025-05-16/fed-said-to-shrink-staff-by-about-10-over-next-several-years

BREAKING NEWS: MOODY’S DOWNGRADES UNITED STATES CREDIT RATING ON INCREASE IN GOVERNMENT DEBT

Gold…

“The U.S. is running a massive budget deficit as interest costs for Treasury debt continued to rise…”

Source: https://www.cnbc.com/2025/05/16/moodys-downgrades-united-states-credit-rating-on-increase-in-government-debt.html

China slashed its U.S. Treasury holdings in March. The UK is now the second-largest holder. The trend is very real. China is selling Treasuries and buying gold.

They say gold is boring. But I will take boring over watching the global debt market audition for a disaster movie. The script is still being written.

A top Chinese gold producer is quietly looking all over the globe… Looking to acquire real ounces while the world drowns in debt and digits. Major gold producers are focusing on acquisitions as they race to lock in ounces and replenish reserves. Only a matter of time…

Source(s):     https://x.com/GoldTelegraph_/status/1923439962738807292

https://dinarchronicles.com/2025/05/17/gold-telegraph-major-gold-producers-are-focusing-on-acquisitions/

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TNT:

Louand DebNC:  Moody’s Cuts US Government Credit Rating due to Deficits & Debt, Blames “Successive US Administrations and Congress”

US government kisses its last triple-A credit rating goodbye. Downgrade to “junk” would have been more appropriate?

The US government lost its last remaining triple-A credit rating late Friday, as Moody’s finally, after more than a decade of dithering, downgraded the government to Aa1, one notch below the top credit rating of Aaa.

The downgrade “reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” Moody’s said in the announcement.

And it added:

“Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs. We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration.”

And it warned:

“Persistent, large fiscal deficits will drive the government’s debt and interest burden higher. The US’ fiscal performance is likely to deteriorate relative to its own past and compared to other highly-rated sovereigns.”

It expects the federal deficits to reach “nearly 9% of GDP by 2035, up from 6.4% in 2024.”

Moody’s was the last of the three major US credit ratings agencies to cut the US government credit rating, years behind:

In 2011, S&P Global Ratings downgraded the US one notch to AA+

In 2023, Fitch Ratings downgraded the US one notch to AA+.

While reading Moody’s “ratings rationale,” one gets the impression that the US government should have been cut to a “junk” credit rating, maybe to a mid-level junk rating such as Ba3, to allow for some wriggle room either way (here is my cheat sheet for bond credit ratings by ratings agency

Not that these downgrades make a lot – or any – difference. For example. Moody’s rates Japan A1, that’s four notches below triple-A and three notches below the new and improved US credit rating, and so what. Nothing happened.

The problem arises when inflation comes along and the bond market gets spooked, and if the central bank tries to bail out the borrower, such as the Fed trying to bail out the US government, with bond purchases (QE) and interest-rate repression, while inflation is taking off, it could cause inflation to go completely out of control and spiral into the triple digits, such as it has done in Argentina and many other countries, by which time the own currency becomes kind of useless. Everyone knows this. So this is likely not going to be experimented with in the US.

Upon the news, the 10-year Treasury yield spiked in late trading all the way to high heaven, by something like, wait for it, 4 basis points, to a whopping 4.48%, about halfway back where it had been … yesterday.

It’s not until the bond market scares the bejesus out of Congress and the Administration that they will do anything serious about reducing the deficits.

https://wolfstreet.com/2025/05/16/moodys-cuts-us-government-credit-rating-due-to-deficits-debt-blames-successive-us-administrations-and-congress/

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

Militia Man  ...The summit took place today.  They talked about approvals...integration...a lot of different buzz words that show Iraq is ready for investment for the private sector.  For that to happen we believe there's going to be an interconnectivity to the global financial system.  They haven't done that at 1310.  But they are expected to have a real effective exchange rate at some point in time.

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
Television says Syrian debts to the World Bank which is about $15.5 million was just paid off by Saudi Arabia and Qatar.  Your president is gone but the shadow that he's casted over the Middle East is causing peace all over the place...

Mnt Goat  ...one huge obstacle is still Iran and this issue must be resolved. Remember that the U.S. has to sign off on the reinstatement of the IQD to finalize the process...At this point it shows that goals have been accomplished and its time to reap the benefits.

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Gold Is the Plan: Central Banks Know It, Basel III Confirms It

Taylor Kenny:  5-18-2025

Why are central banks dumping U.S. Treasuries and buying record amounts of gold? This isn’t a reaction—it’s preparation.

As the financial elite reposition their portfolios with physical gold, everyday folks are left in the dark. Taylor Kenney explains how Basel III and global gold policies are reshaping the financial world—and what you can do to stay ahead.

https://www.youtube.com/watch?v=L8GtRLt-eC0

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 5-18-25

Good Afternoon Dinar Recaps,

US COMPLETELY LOSES PERFECT CREDIT RATING FOR FIRST TIME IN OVER A CENTURY

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

Why It Matters

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

What to Know

In its announcement, Moody's—led by chief economist Mark Zandi—projected the federal deficit will rise to nearly 9% of GDP by 2035, up from 6.4% in 2024, driven by:

• mounting interest payments,

• rising entitlement costs, and

• sluggish revenue growth.

Moody's also warned that extending President Donald Trump's 2017 tax cuts—now a key priority for the Republican-led Congress—would add $4 trillion to the federal primary deficit over the next decade. Political gridlock remains a major obstacle to fiscal reform, with:

• Republicans opposing tax increases, and

• Democrats resisted spending cuts,
  leaving little room for bipartisan solutions.

What to Know About the Three Major Credit Agencies

The three major credit rating agencies—Moody's Investors Service, S&P Global Ratings, and Fitch Ratings—play a critical role in assessing the creditworthiness of sovereign nations, including the United States. These agencies assign ratings that influence:

• borrowing costs,

• investor confidence, and

• global economic perceptions.

A top-tier credit rating signals low risk, while a downgrade can lead to increased borrowing costs and financial instability.

Historically, the U.S. maintained a perfect credit rating from all three agencies for decades, reflecting the country's economic strength and political stability. That changed in 2011 when S&P downgraded the U.S. from AAA to AA+ following a contentious debt ceiling standoff. Fitch followed in 2023, citing fiscal deterioration and repeated political brinkmanship. Moody's had been the last to maintain a stable AAA rating—until now.

• Moody's, founded in 1909, is the oldest of the three.

• S&P, established in 1860, is known for its market indices and ratings.

• Fitch, founded in 1914, is the smallest but still influential.

Together, these agencies hold immense sway over global finance, and their recent assessments of the U.S. reflect growing alarm over debt levels and political instability.

What People Are Saying

🔹 Democratic strategist Chris Jackson posted on X (formerly Twitter):
"BREAKING: In a stunning move, Moody's has downgraded the U.S. credit rating from Aaa to Aa1—for the first time in history. That's right: the only major credit agency that hadn't downgraded us under Trump just did. Who else enjoying all this 'economic winning' under Trump?"

🔹 Steven Cheung, assistant to President Trump and White House Director of Communications, replied:
"Mark Zandi, the economist for Moody's, is an Obama advisor and Clinton donor who has been a Never Trumper since 2016. Nobody takes his 'analysis' seriously. He has been proven wrong time and time again."

@ Newshounds News™
Source:
Newsweek – Moody’s Downgrades U.S. Credit Rating   

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CHINA SELLS $19B IN U.S. TREASURIES AS TRADE WAR ESCALATES
 Beijing Cuts Holdings Amid Tariff Tensions and U.S. Credit Concerns

China has significantly reduced its holdings of U.S. government debt, shedding $18.9 billion in Treasuries in March, according to newly released data from the U.S. Department of the Treasury. This move aligns with rising tensions in the ongoing U.S.–China trade conflict.

Sharp Drop in Holdings

• China’s Treasury holdings fell to $765.4B in March, down from $784.3B in February.

• This is one of the steepest monthly reductions in recent years.

• China is now the third-largest U.S. debt holder, behind the U.K. and Japan.

This reduction comes amid growing speculation that China may use its U.S. debt holdings as a geopolitical tool—or to reduce risk as bilateral relations deteriorate.

Trade War Fueling Financial Maneuvers

China’s actions follow the U.S.'s aggressive tariff measures, which have escalated into what many now consider a de facto trade embargo, with tariffs exceeding 100% on some imports.

Chinese economist and former central bank adviser Yu Yongding commented:

“China must have a set of countermeasures through repeated scenario planning to safeguard the security of its overseas assets.”

Global Credit Concerns Deepen

China's debt selloff coincides with mounting concerns over the U.S.’s fiscal health:

• Moody’s downgraded U.S. debt from ‘AAA’ to ‘Aa1’, citing unsustainable debt levels.

• Interest payments and debt ratios are now “significantly higher than similarly rated sovereigns,” Moody’s warned.

Interestingly, China increased its U.S. Treasury holdings by $20B in February, despite the early tariff rounds. March’s reversal signals a shift in strategy as tensions spike.

@ Newshounds News™
Source:  Full article on Bitcoin.com

~~~~~~~~~

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So... Now What?

So... Now What?

Notes From the Field By Simon Black (Simon Black)  May 13, 2025

One of the most mysterious villains in the history of cinema was the fictitious character ‘Keyser Söze’ from the movie The Usual Suspects.

 No spoilers here, but there’s a scene where they describe his rise in the criminal underworld. According to the story, Keyser Söze realized that “to be in power, you didn’t need guns or money or even numbers. You just needed the will to do what the other guy wouldn’t.”

 I’ve written before that there may have been some grand strategy behind “Liberation Day”.

 Perhaps the past several weeks were part of a deliberate effort by Donald Trump to prove that he has the will to do what nobody else (including China) would do… namely, cause a major worldwide recession that would even hurt his own country.

 It’s possible that everything was part of a ‘Keyser Söze’ negotiation tactic-- as the movie goes, “to show those men of will what will really was...” And that maybe, just maybe, this was a masterclass in the Art of the Deal.

 It’s also possible that none of those things is true, and instead the President is trying to undo the damage of his Liberation Day ‘unforced error’ before the US economy careens into recession.

Few people really know the truth. But what clearly is true is that there’s a level of economic excitement again that we haven’t seen since late February. The general consensus has flipped, practically overnight, and people once again believe that everything is going to be OK.

 Investment banks and their chief economists immediately began boosting their economic growth forecasts and slashing the odds of a recession. The stock market roared with approval.

 More importantly, there are serious catalysts on the horizon to potentially boost this momentum and economic optimism.

 I’d expect that we’ll soon hear the administration start hyping up its “Big, Beautiful” tax cut legislation, alongside more bonanza infrastructure spending.

There’s also a supersized National Defense bill as a cherry on top.

 All of that government money should almost certainly keep up the enthusiasm over the next few months.

 Moreover, the President is-- at this very moment-- in the Middle East inking deals with Saudi Arabia, Qatar, and the United Arab Emirates. They’ll tout major investments in the US that are so large as to be unbelievable, like the UAE’s pledge of investing $1.4 trillion.

 But it doesn’t matter if the numbers are real. It only matters that there’s enough hype to maintain the economic optimism.

 There’s also the very real possibility of peace in Ukraine soon, which would likely create even greater lift for the stock market. Plus, energy markets would stabilize, likely benefiting consumers and helping keep prices down in the short-term.

 With key inflation drivers (tariffs and war) out of the way, the Fed would have a pretty clear path to start cutting rates, as just about every major central bank in the world-- Europe, the UK, China, Canada, India, etc.-- has already done.

 Frankly, it doesn’t even matter whether or not the Fed cuts rates. It only matters that markets believe the Fed is likely to do so; this perception alone should provide yet another buoyant short-term lift to asset prices.

 All of that seems great-- higher asset prices, lower inflation, more trade, more prosperity. In fact, it almost sounds like that ‘New Golden Age’ we were promised in January.

 There’s just one problem: spending is still out of control.

 Just in the first six months of the fiscal year (which started October 1, 2024), the US budget deficit reached $1.3 trillion. And we can’t just blame Joe Biden; $600 billion of that $1.3 trillion deficit came since January.

 In other words, despite all the DOGE efforts, despite all the hard talk on budget cuts and responsible spending, they’re on track to post an astonishing $2.5+ trillion budget deficit for Fiscal Year 2025.

 Interest payments on the national debt are also skyrocketing. Last year’s interest bill was $1.15 trillion, and the Treasury Department already anticipates exceeding that amount this fiscal year.

 Bottom line, absolutely nothing has changed with respect to budget deficits and irresponsible spending… and it’s important to be intellectually honest about that.

 So even if the ‘economic war’ between the US and China is over-- and who knows if that’s really true-- the debt and deficit problem still poses a gargantuan risk to the US economy.

This matters, because reckless US spending was a key driver that pushed so many foreign governments and central banks to start diversifying their US dollar reserves back in 2023.

 Sure, there were other factors which also caused a loss of confidence in the US-- including the humiliating withdrawal from Afghanistan, Joe Biden shaking hands with thin air, and 9% inflation.

But it is the US government’s inability to even acknowledge an obvious financial crisis of its own making-- let alone deal with it in a rational and professional manner-- that led foreign governments and central banks to start diversifying away from the US dollar.

 Sadly, this trend has not changed.

So, again, perhaps Liberation Day is firmly in the rear-view mirror. Perhaps it was all a masterful ploy to push other countries to capitulate to America’s iron will. Perhaps the US economy may even be better off as a result…

 But the real problem that America faces, i.e. overspending, is still a five-alarm fire. Congress and the White House may be ignoring it, but foreign governments and central banks are not.

 So, while I expect a short-term pause over the next few months, Project “Find a New Global Reserve Currency” will likely restart in earnest later this year.

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

https://www.schiffsovereign.com/trends/so-now-what-152779/?inf_contact_key=8d3971aaf43661189bdd4d5a6f1d8710e6abc7ef250881a26a820a137a2e774a

Wall Street is Completely Ignoring Silver’s Potential

Wall Street is Completely Ignoring Silver’s Potential

Liberty and Finance:  5-17-2025

The recent U.S. debt downgrade has sent ripples of unease throughout the financial world, and expert analyst Don Durrett believes it’s just the tip of the iceberg.

In a recent interview with Liberty and Finance, Durrett dives deep into the precarious future of gold and silver, painting a compelling picture of economic instability and a potential financial reset.

His predictions are bold: gold soaring to $5,000 and silver breaking past $100, driven by a confluence of factors eroding the foundation of the current financial system.

Durrett doesn’t shy away from discussing the forces of economic manipulation at play. He argues that the persistent intervention in markets has created an artificial environment, masking underlying weaknesses and delaying the inevitable reckoning.

 He also delves into the complexities of Triffin’s dilemma, highlighting the inherent contradictions in a system where a national currency also serves as the global reserve currency. This tension, he contends, contributes significantly to global economic imbalances and instability.

The bond market, a cornerstone of the modern financial system, is also under increasing strain, according to Durrett. Rising interest rates and inflationary pressures are jeopardizing its stability, potentially triggering a cascade of negative consequences for investors and the broader economy.

He emphasizes the importance of understanding these vulnerabilities and taking proactive steps to protect one’s wealth.

But amidst the concerns, Durrett offers a pathway to navigate the storm: precious metals, particularly silver. He makes a strong case for a fundamental economic reset, arguing that the current system is unsustainable in its present form.

 He believes that gold and silver, traditionally seen as safe-haven assets, will play a crucial role in this transition, serving as a hedge against inflation and a store of value during periods of economic turmoil.

While gold is often touted as the ultimate safe haven, Durrett highlights silver’s unique potential. He points to its increasing industrial demand, particularly in green technologies like solar panels and electric vehicles.

This growing demand, coupled with a limited supply, could propel silver prices to levels unseen before. He positions silver not just as a store of value, but as a critical component of the future economy, further solidifying its position as a valuable asset.

The interview with Durrett serves as a stark warning about the challenges facing the global financial system.

He encourages investors to educate themselves, understand the forces at play, and consider diversifying their portfolios with precious metals.

While the predictions of $5,000 gold and $100 silver may seem ambitious, Durrett’s analysis provides a compelling rationale for their potential realization, driven by economic manipulation, systemic vulnerabilities, and the growing demand for silver in the new economy.

As the current system teeters, understanding the potential of precious metals, and particularly silver, might be crucial for navigating the uncertain times ahead.

https://youtu.be/AkqBjPtLpJk

News, Rumors and Opinions Sunday 5-18-2025

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

Restored Republic via a GCR: Update as of May 18, 2025

Judy Note: There will not be an update sent out for Sunday, 18 May 2025, but wanted you to see this info from Wolverine:

Sat. 17 May 2025 Wolverine: First don’t shoot the messenger as I’m only a messenger and praying that this is 100%.

It looks like things are about to commence. We are hearing good things happening on the weekend.

I have spoken to great sources: (1): Some said that today or tomorrow things are about to start with notifications as some also said payments as well. (2): Some private groups are about to start on Tuesday onwards. (3): Brazilian sources said that things are about to start on the 20th (Tuesday).

A Pentecostal leader has made a major announcement that she has given authority to release the funds to her three leaders and that they will receive their notifications this weekend. As soon as they receive those funds they will immediately start releasing those funds to their members.

I also received confidential news which I can’t share but it’s all GO GO GO.

We are hearing great news from Reno as well as a lot of whales are flying in.

The Japanese are happy as they’ll be fishing in Reno to catch some whales.

Let’s all remain in faith and patience as we are definitely close. God bless Wolverine

https://dinarchronicles.com/2025/05/18/restored-republic-via-a-gcr-update-as-of-may-18-2025/

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

 Militia Man  If you're going to buy 160 jets...do all these different things for military or for businesses, invest in AI and all these different sorts of things, if your currency goes up and you're going to [buy] it in dollar terms, it costs them less Real, less Jordanian dinar or less Iraqi dinar to pay off all that stuff.

Frank26  FIREFLY:  The television is saying that this summit that is occurring in Baghdad will attract over $30 billion in investments for Iraq.  What's that going to do to our new exchange rate. :)  We have Husani on TV also Channel One that this summit shows the whole world that Iraq is now safe and stable and secure to all the world.  Just having this in Iraq is a victory.  FRANK:  That's the whole ball of wax...Give them security and stability and you've got the new exchange rate.  Give me security and stability and you got the HCL.

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FRANK26….5-17-25….ALOHA

KTFA:  5-17-2025

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

BREAKING: IQD Dropped in Value; Iraq Hosts Arab Summit 2025 Iraqi Stock Market

Edu Matrix:  5-17-2025

BREAKING: IQD Dropped in Value; Iraq Hosts Arab Summit 2025 Iraqi Stock Market.

Iraq is hosting the Arab Summit for the first time in over a decade, marking a major step toward rebuilding its regional influence. This historic event in Baghdad highlights Iraq’s push for unity, diplomacy, and a stronger Arab future.

 Also included is a report on the Iraqi Stock Market.

https://www.youtube.com/watch?v=vMKL6RzFnsI