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Some Clear Thinking On Why World War III Is NOT Happening Anytime Soon
Some Clear Thinking On Why World War III Is NOT Happening Anytime Soon [Podcast]
Notes From the Field By James Hickman (Simon Black) June 17, 2025
Today’s topic is so far-reaching, deep, and important that we had to dedicate an entire podcast episode to it. Frankly, it is one of the most interesting we have ever done. With so much conflict in the world—and the potential for even more escalation, particularly in the Middle East—we have heard a lot of worry, concern, and even hyperbole in the media about “World War III.”
I actually have the opposite view: that after the recent strikes and counter-strikes between Israel and Iran, I wholeheartedly believe that World War III is far less likely than it was even just a couple of months ago.
Some Clear Thinking On Why World War III Is NOT Happening Anytime Soon [Podcast]
Notes From the Field By James Hickman (Simon Black) June 17, 2025
Today’s topic is so far-reaching, deep, and important that we had to dedicate an entire podcast episode to it. Frankly, it is one of the most interesting we have ever done. With so much conflict in the world—and the potential for even more escalation, particularly in the Middle East—we have heard a lot of worry, concern, and even hyperbole in the media about “World War III.”
I actually have the opposite view: that after the recent strikes and counter-strikes between Israel and Iran, I wholeheartedly believe that World War III is far less likely than it was even just a couple of months ago.
Read that again: in the wake of growing conflict in the Middle East, and even with the potential for US involvement, World War III is less likely.
In today’s podcast, I put on my old hat as an Army intelligence officer and discuss the Iranian order of battle, their weapons and defense systems, much of which, frankly, is derived from Chinese military technology.
Over the past several days, that Iranian-based Chinese military tech was obliterated—completely overwhelmed by Israel’s precision strikes.
And where did Israel get its technology from? Some of it is homegrown, of course, but the majority comes from the United States.
So the way I look at this Israel-Iran conflict is almost like a live-fire exercise or war game that models what a real conflict between the United States and China might look like.
And based on the results, it is not looking good for China—or Russia, for that matter.
It leads me to the conclusion that no adversary nation wants to risk an armed conflict with the United States right now, lest they too get obliterated by America’s F-35s.
Towards the end, we talk about whether or not the United States should be involved. I do not have the definitive answer. But I walk through the rational framework that I hope America’s leaders are using to make that kind of decision.
There is not enough reason and rational decision-making in Washington these days. Too many politicians make knee-jerk, emotional reactions for the benefit of Twitter likes, rather than conducting a clear cost-benefit analysis.
There is so much more we unpack in this episode—it is definitely worth a listen, and we hope you tune in to join us.
Once again, you can listen in to the podcast here.
For the audio-only version, check out our online post here.
Finally, you can find the podcast transcript for your convenience, here.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Gold is the Financial System’s Lie Detector
Gold is the Financial System’s Lie Detector
Liberty and Finance: 6-16-2025
In a recent interview with Liberty and Finance, market analyst Matthew Piepenburg delivered a stark warning about the foundation of our modern financial system.
He argues that the entire architecture is fundamentally deceptive, built upon decades of fiscal mismanagement and propped up by misleading narratives. Piepenburg doesn’t mince words, directly challenging the legitimacy of the current economic order.
Piepenburg traces the roots of the problem back to the abandonment of the gold standard in 1971.
Gold is the Financial System’s Lie Detector
Liberty and Finance: 6-16-2025
In a recent interview with Liberty and Finance, market analyst Matthew Piepenburg delivered a stark warning about the foundation of our modern financial system.
He argues that the entire architecture is fundamentally deceptive, built upon decades of fiscal mismanagement and propped up by misleading narratives. Piepenburg doesn’t mince words, directly challenging the legitimacy of the current economic order.
Piepenburg traces the roots of the problem back to the abandonment of the gold standard in 1971.
This pivotal moment, he contends, paved the way for unchecked central bank interventions and the erosion of sound economics. He argues that policies like Quantitative Easing (QE) and Modern Monetary Theory (MMT), while presented as solutions, have only exacerbated the issues, leading to unsustainable debt levels and the relentless decline in the value of fiat currencies.
His criticism extends beyond specific policies, focusing on the overall narrative surrounding the financial system. He believes the public is being misled about the true risks and vulnerabilities inherent in a system increasingly reliant on debt and manipulated markets.
Interestingly, Piepenburg’s perspective on gold is particularly noteworthy. He doesn’t portray it as just another speculative asset.
Instead, he sees the rising demand for gold as a crucial signal, a canary in the coal mine indicating a growing distrust in fiat currencies and the increasingly precarious paper gold markets.
According to Piepenburg, the surge in gold demand is far from an irrational frenzy. It represents a growing understanding amongst investors that the global economy is teetering on the brink of something significant, a realization fueled by the sheer weight of insurmountable debt and the diminishing credibility of traditional financial institutions.
In essence, Piepenburg’s analysis paints a picture of a system struggling to maintain its facade, a system where the cracks are beginning to show, and where the flight to gold signifies a deeper unease about the long-term stability of the global financial order.
His insights provide a valuable, albeit unsettling, perspective on the current economic landscape.
To delve deeper into Piepenburg’s arguments and gain a more comprehensive understanding of his analysis, consider watching the full video interview with Liberty and Finance. It’s a provocative conversation that could change the way you view the world of finance.
The Final Act of a Long Game: 589bull:
The Final Act of a Long Game: 589bull:
6-17-2025
Everyone thinks Trump’s “evacuate Tehran” warning means he wants war.
But what if it’s the opposite?
What if this is the final act of a long game to dismantle the petrodollar empire without firing a shot?
Think about it.
The Final Act of a Long Game: 589bull:
6-17-2025
Everyone thinks Trump’s “evacuate Tehran” warning means he wants war.
But what if it’s the opposite?
What if this is the final act of a long game to dismantle the petrodollar empire without firing a shot?
Think about it.
Trump knows the Middle East conflict is rooted in a dying system:
endless wars to protect dollar dominance
oil trade locked in USD
proxy chaos to keep asset rich nations under control
But that system is crumbling. Iraq’s getting ready. So is BRICS. Gold backed trade is coming. The dollar’s grip is slipping.
So what does Trump do?
He lets the old guard overplay their hand. He applies just enough pressure to bring the whole thing to a boil not to launch the war… but to expose the scam.
And when it all breaks?
A new system emerges.
Asset backed. Digitally settled. Multipolar. Transparent.
Not built on bombs built on real value.
That’s how you kill the war machine. Not with protests. Not with speeches. With precision chaos followed by a controlled reset.
Watch closely. The world’s about to change and most people are too distracted by smoke to see who’s setting the fire.
Source(s): https://x.com/589bull10000/status/1934767660367052891
https://dinarchronicles.com/2025/06/17/589bull-the-final-act-of-a-long-game/
Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-17-25
Good Morning Dinar Recaps,
Ripple v. SEC Stalls Again as Appeal Put on Hold — Here’s What’s Holding It Up
The U.S. Securities and Exchange Commission (SEC) has requested to extend the pause in its high-profile legal battle with Ripple Labs, with the next court update scheduled for August 15.
In a joint filing submitted on June 16, both parties asked the Second Circuit Court of Appeals to maintain the current hold, citing an unresolved district court issue—despite reaching a formal settlement agreement last month.
Good Morning Dinar Recaps,
Ripple v. SEC Stalls Again as Appeal Put on Hold — Here’s What’s Holding It Up
The U.S. Securities and Exchange Commission (SEC) has requested to extend the pause in its high-profile legal battle with Ripple Labs, with the next court update scheduled for August 15.
In a joint filing submitted on June 16, both parties asked the Second Circuit Court of Appeals to maintain the current hold, citing an unresolved district court issue—despite reaching a formal settlement agreement last month.
What Began as a Billion-Dollar Dispute Edges Toward Resolution
▪️ This case, launched in 2020, centers around the SEC’s accusation that Ripple illegally raised $1.3 billion through unregistered XRP sales.
▪️ A partial ruling in 2023 provided clarity: XRP sales to retail investors were not securities, but institutional sales were found to have violated securities laws.
▪️ In May 2024, the two sides reached a settlement in principle, finalized in writing on May 8. Under the agreement:
Ripple will pay $50 million to the SEC.
The remaining $75 million from a previous penalty will be returned to Ripple.
The injunction blocking certain Ripple activities would be dissolved.
Settlement Hits a Wall in District Court
▪️ The agreement cannot move forward without district court approval to revise its earlier judgment.
▪️ Both parties submitted a motion requesting an indicative ruling—a legal signal from the court that it would consider modifying the judgment.
▪️ On May 15, the court denied this motion, citing a failure to meet the standard of “exceptional circumstances.”
▪️ In response, the SEC and Ripple filed a renewed motion on June 12, hoping to meet the court’s threshold. No ruling has been issued yet.
Appeals Paused, Legal Uncertainty Grows
▪️ As the legal process stalls, the SEC has asked the appeals court to continue the pause, promising an update by August 15.
▪️ The delay prolongs regulatory uncertainty as crypto firms, investors, and policymakers await further clarity on the application of U.S. securities law to digital assets.
▪️ With billions in crypto markets still in a legal grey area, this case remains a bellwether for how token sales and crypto company operations may be judged going forward.
A Waiting Game With Major Implications
While a path to resolution appears to be forming, the final outcome hinges on court approval of the settlement terms. For now, both the appeals and the Ripple-SEC agreement remain in limbo—with industry-wide consequences hanging in the balance.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
Cardano Founder Confirms Full XRP Package in the Works Around Glacier Airdrop, XRP DeFi, and RLUSD
Charles Hoskinson has confirmed that a comprehensive XRP ecosystem integration is underway within the Cardano network, including support for the Glacier Airdrop, XRP-powered DeFi, and possible RLUSD stablecoin adoption.
The announcement signals a major shift toward cross-chain collaboration and potentially heals long-standing tensions between the Cardano and XRP communities.
Glacier Airdrop and XRP Wallet Support on Lace
▪️ A core piece of this initiative is the Glacier Airdrop, now expected in Q4 2025, which will distribute Midnight tokens—used for Cardano’s privacy-focused sidechain—to retail users across multiple chains, including XRP holders.
▪️ Hoskinson emphasized this effort is built around “cooperative economics,” prioritizing community participation over VC allocations.
▪️ The airdrop will reportedly reach over 37 million wallets, marking one of the largest cross-chain community rewards attempted in the blockchain space.
▪️ Additionally, Cardano’s Lace wallet is preparing to add native XRP support, following its successful Bitcoin integration in Lace v1.22 this past April.
“This is part of our effort to turn Lace into a true multi-chain asset manager, bridging Cardano to wider ecosystems,” Hoskinson said.
XRP DeFi Integration in Cardano’s Ecosystem
▪️ The Cardano team is actively developing infrastructure to bring XRP into its DeFi environment, focusing on:
Cross-chain liquidity pools
Decentralized exchanges (DEXs)
Leveraging XRP’s speed and cost-efficiency
▪️ While still early-stage, Hoskinson suggested that Midnight, Cardano’s zero-knowledge sidechain, may play a key role as a DeFi layer for XRP, potentially offering enhanced yield opportunities.
Talks Underway for RLUSD on Cardano
▪️ In what could be a milestone for stablecoin interoperability, Ripple’s RLUSD may soon expand beyond the XRP Ledger, with discussions underway about integrating it into the Cardano network.
▪️ Hoskinson confirmed these conversations are in their early stages but said both parties “see real value” in bringing RLUSD to Cardano’s ecosystem.
The move would expand RLUSD’s user base
It would also boost liquidity and stability within Cardano DeFi platforms
Toward a Real XRP–Cardano Partnership
Hoskinson’s comments mark the most direct effort yet to bridge the XRP and Cardano ecosystems, historically viewed as separate and even adversarial within crypto discourse.
▪️ The proposed “XRP package” includes:
Glacier Airdrop eligibility for XRP holders
Lace wallet XRP support
DeFi connectivity via Midnight
Potential RLUSD cross-chain deployment
Though still in development, this initiative could bring two of crypto’s largest communities closer than ever—and lay the foundation for shared infrastructure, liquidity, and growth.
@ Newshounds News™
Source: The Crypto Basic
~~~~~~~~~
What Happens if BRICS Currency Prevails — and Why Is India Worried?
The proposed BRICS currency—championed by China and Russia—is gaining momentum as the alliance prepares for its possible launch. A mock-up bill displayed by President Putin at the last BRICS summit confirmed that plans for a new tender to rival the U.S. dollar are active and advancing.
But as excitement builds, one member is signaling sharp resistance: India. New Delhi has expressed open concerns about the impact such a currency could have on its economy—and its place in the global financial system.
India Breaks Ranks Over De-Dollarization
▪️ India is the only BRICS member to publicly oppose the de-dollarization agenda promoted by China and Russia.
▪️ This comes after former U.S. President Donald Trump warned of potential economic consequences for nations drifting away from the U.S. dollar.
▪️ While Brazil remains cautious, India has made it clear that it favors maintaining ties with Western financial institutions, rather than embracing a BRICS-led currency model.
China’s Leverage and the Belt and Road Factor
▪️ China's Belt and Road Initiative (BRI) plays a pivotal role in its influence over smaller BRICS and Global South nations.
With billions invested in ports, railways, and infrastructure, Beijing already holds significant financial sway.
A successful BRICS currency would only solidify China’s economic dominance across Southeast Asia and Africa.
▪️ India is particularly concerned that such a shift would give China further power to shape trade policies across the region, leaving India at a strategic disadvantage.
Rupee Vulnerability and Asymmetrical Trade
▪️ If the BRICS currency succeeds, the Indian rupee could face increased instability, especially if regional trade begins to shift away from dollar benchmarks.
▪️ India-China trade has long been imbalanced, and ongoing border disputes have only heightened mistrust.
Indian policymakers fear that China could weaponize a BRICS currency to tip economic dynamics further in its favor.
“India recognizes the BRICS currency as a potential vehicle for Chinese dominance—not just economically, but geopolitically,” analysts note.
Modi’s Balancing Act: Contain China, Preserve Western Ties
▪️ Under Prime Minister Narendra Modi, India is pursuing a strategy to limit China’s financial rise while preserving its role within the BRICS framework.
▪️ India views continued alignment with Western financial systems as a buffer against Chinese overreach.
▪️ The government’s stance reflects a broader objective: to maintain balance in Southeast Asia and ensure that no single power—especially China—dictates the region’s financial architecture.
What’s at Stake
▪️ A successful BRICS currency could reshape global finance, potentially undermining the dollar’s dominance.
▪️ But for India, the cost could be economic instability and geopolitical disadvantage.
A BRICS tender led by China threatens to shift the region’s center of gravity, with India forced into a reactive, rather than proactive, role.
For now, India is pushing back, hoping to reshape the conversation before a BRICS currency becomes reality.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
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Thank you Dinar Recaps
“Tidbits From TNT” Tuesday Morning 6-17-2025
TNT:
Tishwash: Banking expert: The success of the economy requires national cooperation between the government and the Central Bank.
Banking expert Dr. Nabil Al-Abadi emphasized that "Iraq's economic future begins with reforming its financial system, and this represents the most important step toward building a modern, diversified, and stable Iraqi economy."
Al-Abadi said in a statement seen by Al-Masry on Tuesday, "Economic success requires national cooperation between the government, the Central Bank, banks, the private sector, and the international community."
TNT:
Tishwash: Banking expert: The success of the economy requires national cooperation between the government and the Central Bank.
Banking expert Dr. Nabil Al-Abadi emphasized that "Iraq's economic future begins with reforming its financial system, and this represents the most important step toward building a modern, diversified, and stable Iraqi economy."
Al-Abadi said in a statement seen by Al-Masry on Tuesday, "Economic success requires national cooperation between the government, the Central Bank, banks, the private sector, and the international community."
He explained that "success in this path will have a tremendous multiplier effect on all aspects of the Iraqi economy, as it has contributed to attracting investment, revitalizing the private sector, creating jobs, integrating the informal economy, and combating corruption."
He explained that "the overall strategic importance of this approach lies in supporting economic diversification, as Iraq's economic vision to move away from oil cannot be implemented without a strong banking system that directs funding toward productive sectors—agriculture, industry, tourism, and technology—and contributes to attracting foreign direct investment. link
************
Tishwash: Parliamentary Finance: The government is determined to prepare the financial budget schedules.
The Parliamentary Finance Committee confirmed on Thursday that the government is working on preparing budget schedules that are in line with the country's financial reality.
Committee member Atwan Al-Atwani said in a statement followed by Lakma News that "the committee discussed with the Prime Minister the preparation of the budget, and stressed the need for it to arrive before the end of the year to give legal status to government spending, both operational and investment."
He added, "The government is determined to prepare budget schedules in line with the current financial reality, given the increase in operating spending and the need for investment spending to finance projects. We look forward to the budget being presented to the House of Representatives in the coming days."
Al-Atwani pointed out that "the government is keen to secure salaries despite the annual financial deficit," noting that "the government is taking serious steps to provide alternatives to financing the budget other than oil to ensure additional resources." link
************
Tishwash: Iraq warns of an escalation of the war and the closure of the Strait of Hormuz: Damage will affect the global economy.
Foreign Minister Fuad Hussein explained that the current conflict between Iran and Israel will cause significant damage to the global economy, especially if it extends to the Strait of Hormuz. During a phone call with his British counterpart, David Lammy, Hussein emphasized that Israel is violating Iraqi airspace and that the international community must take action to prevent these violations.
Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received a call from his British counterpart to discuss developments in the regional crisis and ways to de-escalate the situation.
On Monday, June 16, 2025, Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received a phone call from British Foreign Secretary David Lammy, during which they discussed rapid regional developments and ways to avoid escalation.
During the call, the British minister affirmed his country's support for Iraq's stability and the need to keep it neutral from any attacks or conflicts. He emphasized the importance of controlling the situation and preventing any interference by what he described as "armed groups" in the ongoing conflict. He explained that Britain has not participated in any military operations, and that it is in ongoing contact with France and Germany to coordinate positions, in addition to consulting with the American side on developments in the war.
Minister Lammy also stressed the need to return to the negotiating table regarding the nuclear program, warning of the danger of any attacks on American or British forces deployed in the region, regardless of the perpetrator. He added that the United Kingdom believes that diplomatic solutions are the only way to avoid further escalation, praising Iraq's role in this regard despite the sensitivity of its geographical location and the complexities of the regional situation.
For his part, Mr. Fuad Hussein expressed his gratitude to his British counterpart for this communication, emphasizing the importance of the British role in calming the situation, whether through European tripartite cooperation (Britain, France, and Germany) or through coordination with the United States.
The Foreign Minister pointed out that the continuation of the war would have serious repercussions for the region and the world, explaining that "there are no victors in this war," and that its continuation could cause major economic crises, particularly if it extends to the Strait of Hormuz, which could lead to a global economic crisis.
Fuad Hussein affirmed that Israel continues to violate Iraqi airspace, and that these violations constitute a blatant violation of Iraqi sovereignty and international law. He emphasized the need for the international community to take serious steps to halt these violations and work to contain the conflict.
For his part, Minister Lammy noted that closing the Strait of Hormuz would create a severe economic crisis for Britain and Europe and would lead to higher inflation rates. He emphasized the need for joint action to avoid further deterioration and resolve this crisis through political and diplomatic solutions. link
************
Mot: .. Yeppers!! -- the 4th is Right around da Corner... Be Aware!!!
Mot: NOT Funny!! -- Mr. Scott!! -- NOT Funny
The Final Rally Before a Massive Crash & Global Reset: Henrik Zeberg
The Final Rally Before a Massive Crash & Global Reset: Henrik Zeberg
Wealthion: 6-16-2025
Henrik Zeberg joins Maggie Lake to issue a bold and urgent warning: the global economy has already hit the iceberg, and a massive crash may be just months away.
But first, he says, markets could soar in a final liquidity-fueled rally, creating one last chance to prepare before everything changes.
Henrik lays out his thesis for why we’re nearing the end of this business cycle, why central bank and fiscal stimulus might backfire, and why the next crisis could end the U.S. dollar’s dominance in a global monetary reset.
The Final Rally Before a Massive Crash & Global Reset: Henrik Zeberg
Wealthion: 6-16-2025
Henrik Zeberg joins Maggie Lake to issue a bold and urgent warning: the global economy has already hit the iceberg, and a massive crash may be just months away.
But first, he says, markets could soar in a final liquidity-fueled rally, creating one last chance to prepare before everything changes.
Henrik lays out his thesis for why we’re nearing the end of this business cycle, why central bank and fiscal stimulus might backfire, and why the next crisis could end the U.S. dollar’s dominance in a global monetary reset.
Key topics:
Why Henrik says the housing market has already frozen, and what that means
How $4.5 trillion in global liquidity is fueling a dangerous blow-off top
What could trigger a deflationary bust followed by a stagflation crisis
Will the U.S. dollar lose its global reserve status?
The long-term opportunity Henrik sees in AI, tech, and innovation
Chapters:
00:37 - Zooming Out: The Macro Picture
02:38 - Will the Recession Be Global?
06:28 - Stocks Surging into Trouble?
08:41 - Are Investors Too All-In?
13:34 - What Pops the Blow-Off Top?
15:46 - Does a Two-Tier Economy Buy Time?
18:30 - Gold’s Rally—Safe Haven or Hype?
20:40 - How High Can Crypto Fly?
26:01 - Recession or Something Darker?
31:00 - Why Commodities Spike in a Slump
32:25 - Can Fiscal Firepower Save Us?
34:11 - Global Teamwork—or Fragmentation?
37:13 - What Keeps You Up at Night?
40:45 - Where Do You Hide Your Money?
46:55 - Wildcards That Flip the Script
48:05 - Wealthion’s Golden Nugget: The Best Bets for the Next Decade?
49:44 - Can a Doomster Be an Optimist?
Why The Fed Faces An 'Almost Impossible Challenge'
Why The Fed Faces An 'Almost Impossible Challenge'
Yahoo Finance Mon, June 16, 2025 Yahoo Finance Video
On Wednesday, the Federal Reserve will make its decision on interest rates. Advisors Capital Management partner portfolio manager JoAnne Feeney thinks the central bank faces a "really major and almost impossible challenge." Find out what it is in the video above.
Why The Fed Faces An 'Almost Impossible Challenge'
Yahoo Finance Mon, June 16, 2025 Yahoo Finance Video
On Wednesday, the Federal Reserve will make its decision on interest rates. Advisors Capital Management partner portfolio manager JoAnne Feeney thinks the central bank faces a "really major and almost impossible challenge." Find out what it is in the video above at link below
Video Transcript:
Yeah, so there's there's a really major and almost impossible challenge for the Fed, right?
On the one hand, tariffs to the extent that they are initiated, and we've already had some, and particularly that increase on steel and aluminum which will percolate through lots of products that use steel and aluminum, are clearly going to increase prices.
And that could be a one-time quick increase, but more likely it's a sort of price increase that is taken up by different firms across the economy only gradually, and those percolate through, they propagate into the future.
So you do get an inflation uptick because of tariffs.
How big that is depends on how big the tariffs are and how long they last.
That increase in inflation should prompt the Fed to keep rates higher for longer.
On the other hand, tariffs also reduce economic activity.
They make things more expensive, not just for consumers, but for firms trying to build stuff, trying to expand even restaurants, buy lots of electronics.
They're going to be subject to potentially higher tariffs.
So that economic slowdown is something that would normally confront by reducing interest rates.
So the Fed needs to do two opposite things at the same time, which means they will do nothing, right?
Unless they figure out that one of those forces is considerably larger than the other
They definitely need to keep inflation expectations anchored.
Right now, we think that's the bigger of their two goals, so we think it's very unlikely that the Fed cuts rates anytime soon.
So even if they stay on hold, we will be receiving the summary of economic projections, those are quarterly projections that includes the dot plot where interest rates could be heading.
What are you expecting to see and how could that change from what we saw previously?
TO READ MORE: https://finance.yahoo.com/video/why-fed-faces-almost-impossible-100008067.html
Economist’s “News and Views” 6-16-2025
Asia Moves Forward to Ditch Dollar: 50% Crash by 2030 Expected?
Daniela Cambone: 6-16-2025
“The U.S. dollar is likely to go down 25 to 50% over the next five years,” says Marko Papic, Chief Strategist at BCA Research.
He tells Daniela Cambone that the driving force behind this decline is less about the loss of reserve currency status and more about fading U.S. economic outperformance. Papic also points out that Trump’s tax cuts bill “does not add to growth in any way, shape, or form” and warns, “Expectations of U.S. growth are overstated, and that means the dollar is way too expensive.”
Asia Moves Forward to Ditch Dollar: 50% Crash by 2030 Expected?
Daniela Cambone: 6-16-2025
“The U.S. dollar is likely to go down 25 to 50% over the next five years,” says Marko Papic, Chief Strategist at BCA Research.
He tells Daniela Cambone that the driving force behind this decline is less about the loss of reserve currency status and more about fading U.S. economic outperformance. Papic also points out that Trump’s tax cuts bill “does not add to growth in any way, shape, or form” and warns, “Expectations of U.S. growth are overstated, and that means the dollar is way too expensive.”
He further argues that rate cuts are becoming ineffective, as the long end of the yield curve remains unresponsive. “Everyone borrows at the long end of the curve — not the short end. So if the long end doesn’t fall, rate cuts don’t matter.”
What matters now, he stresses, is fiscal and trade policy — not monetary policy. Papic’s advice to investors: “Diversify out of the dollar — diversify out of the U.S.”
Chapters:
00:00 – Asia moves away from the U.S. dollar
03:31 – Is the dollar’s reserve status at risk?
05:57 – U.S. fiscal expansion explained
08:37 – Will we see interest rate cuts?
10:15 – The future of the U.S. dollar
12:15 – Where does gold fit in?
13:26 – A new world order: U.S. foreign policy shift
The REAL Reason Trump & Elon's Fort Knox Visit Was CANCELLED! - Jim Rickards
Financial Wisdom: 6-16-2025
0:00 - Elon Musk and Trump’s aborted Fort Knox gold audit
1:12 - Why the Fort Knox visit was canceled and the myth of missing gold
2:00 - Geopolitical gold accumulation by nations like China and Russia
3:07 - Importance of cash in portfolios and Warren Buffett’s cash strategy
4:48 - Tax-deferred compounding and Buffett’s Gen Re acquisition
6:00 - Cash as strategic optionality in market downturns
7:01 - Robert Shiller’s “Narrative Economics” and the power of market stories
8:43 - Historical example: Narratives during the Great Depression
9:55 - Recent economic narratives: The pivot myth and market behavior
11:20 - Trading lessons: Cognitive bias, stop-loss discipline, and trader psychology
Silent Debt COLLAPSE: $50 Billion in Bond Downgrades Signal a Massive Wave of Defaults Is Incoming
Lena Petrova: 6-15-2025
News, Rumors and Opinions Monday 6-16-2025
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. 16 June 2025
Compiled Mon. 16 June 2025 12:01 am EST by Judy Byington
What We Think We Know as of Mon. 16 June 2025:
The fiat system is finished. As of June 13, 2025, global banking infrastructure controlled has (allegedly) collapsed beyond repair. Trump’s Gold Directive, (allegedly) signed in January, triggered full-scale military seizures of underground vaults across 42 countries. The banks are finished. Over 12,000 branches have(allegedly) closed in 30 days. Accounts are frozen. Assets are blocked.
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. 16 June 2025
Compiled Mon. 16 June 2025 12:01 am EST by Judy Byington
What We Think We Know as of Mon. 16 June 2025:
The fiat system is finished. As of June 13, 2025, global banking infrastructure controlled has (allegedly) collapsed beyond repair. Trump’s Gold Directive, (allegedly) signed in January, triggered full-scale military seizures of underground vaults across 42 countries. The banks are finished. Over 12,000 branches have(allegedly) closed in 30 days. Accounts are frozen. Assets are blocked.
~~~~~~~~~~~~~~
Sun. 15 June 2025 Since the June 14 trigger protocol, entire banking networks have entered forced compliance with quantum directives — and most of their own employees don’t even know it yet. Everything still looks normal on the surface. But under the hood, the software that once empowered fraud is being dismantled line by line. …Gesara Nesara QFS on Telegram
Covert Intel Now Confirmed:
Over 400 high-level bankers across Switzerland, UAE, and Canada have been (allegedly) quietly removed since June 10 — officially “resigned,” but internally flagged by Earth Alliance AI sweeps as obstructions to global asset transition.
The World Bank has lost over 70% of its private gold reserves — reclaimed through orders and redirected into humanitarian QFS allocations.
IMF task teams are undergoing mass restructuring; 13 out of 15 internal data centers have been (allegedly) rewired with QFS relay systems and encryption governed by U.S. Space Force command.
Coming Next:
On June 17, select national vaults will(allegedly) begin physical conversion of old fiat into gold certificate equivalents. Most will be stored digitally, but watch for leaks from Italy, Kazakhstan, and Norway.
Rainbow Wallet Full Mode goes live June 19 —(allegedly) unlocking sovereign payout options and historical bond credit assignments.
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Sat. 14 June 2025: The July 4 celebration was never just a tribute to the past — it was the ignition of a new future. …Gesara Nesara QFS on Telegram
Right now, behind the scenes, systems are executing with mathematical precision. The Starlink relay continues uninterrupted. QFS wallets are being pinged with digital handshake protocols. The gold certificates assigned to each sovereign ID are being validated in real time. What began as a silent shift is now an unstoppable current flowing across all continents.
As of June 13, 2025, intelligence teams have confirmed that:
Over 89% of fiat-structured banking systems are now (allegedly) fully disconnected from central control grids.
Parallel sovereign ledgers are live and mirroring activity across IMF, BRICS, and new Eurasian exchange nodes.
Final decryptions of Rothschild global account holdings have been completed — assets locked, repurposed, and redirected.
In short: the monetary parasite has been excised. And the host — humanity — is healing.
~~~~~~~~~~~~~
QFS Access Milestones:
All verified users born 2001 or earlier are now confirmed eligible for full wallet deployment.
Redemption Centers have(allegedly) begun scheduling Level 2 Med Bed intake — with biometric matching linked to sovereign medical profiles.
Real-time analytics show over 12 million users have(allegedly) logged in to verify credentials and view preliminary fund allocations.
Read full post here: https://dinarchronicles.com/2025/06/16/restored-republic-via-a-gcr-update-as-of-june-16-2025/
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Courtesy of Dinar
Mnt Goat The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. ...I keep telling you the value is already in the dinar...if you go back to 1990 it was over $3 and...look at all the progress since. But the standards for currency valuations have changed. Basel I-IV changed all of it. Why isn’t it at least at $3 now? ...this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past! They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from. Yes, there will be many groupings of currencies to create new pegs. These currencies will support each other. These will be major trading partners.
Fnu Lnu The IMF and WB will not allow Iraq to walk away from their currency...not if they want that International trade status and WTO membership. If they screwed folks like the United States, their name would be mud Internationally and sanctions would ensue. The USA has about 14 trillion dinar to my accounting and those came from currency swaps. All those loans they got from the USA were in reality, currency swaps. Mind you...back then, the Dinar was 4000 to one, not 1320 to 1...
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FRANK26….6-15-25…..KIM CLEMENT
Nothing, Nothing, Nothing ...Suddenly???
Kim Clement discussion about minute 26:00
Seeds of Wisdom RV and Economic Updates Monday Morning 6-16-25
Good Morning Dinar Recaps,
Coinbase & Gemini Secure EU MiCA Licenses Amid Malta–Lux Clash
Two of the crypto industry's biggest names—Coinbase and Gemini—are finalizing regulatory approvals under Europe's new MiCA framework, but their divergent paths have sparked debate across the continent. With Malta’s fast-tracking and Luxembourg’s slower, high-standard approach, the European crypto regulatory landscape is entering a pivotal phase.
Good Morning Dinar Recaps,
Coinbase & Gemini Secure EU MiCA Licenses Amid Malta–Lux Clash
Two of the crypto industry's biggest names—Coinbase and Gemini—are finalizing regulatory approvals under Europe's new MiCA framework, but their divergent paths have sparked debate across the continent. With Malta’s fast-tracking and Luxembourg’s slower, high-standard approach, the European crypto regulatory landscape is entering a pivotal phase.
Coinbase and Gemini: Two Roads to MiCA Approval
▪️ Coinbase is seeking its EU MiCA license via Luxembourg, a globally respected financial center.
▪️ Gemini, meanwhile, is nearing imminent approval from Malta, which has already licensed OKX and Crypto.com within weeks.
▪️ This divergence is testing European Union regulatory consistency, as MiCA allows member states to issue single-market licenses to crypto firms.
Malta’s Fast-Track Raises Eyebrows
Malta’s rapid approval process is under scrutiny by regulators from other EU countries. Critics argue that a “license shopping” effect could emerge, where firms seek out the most lenient jurisdictions.
▪️ France’s AMF warned of a “regulatory race to the bottom,” pointing to Malta's small regulatory staff.
▪️ Malta’s MFSA defended its speed, saying: “Expedited processing was due to our in-depth understanding acquired over these years.”
Luxembourg's Deliberate Approach
Coinbase has taken a more measured route via Luxembourg, with its MiCA application underway for months.
▪️ A Coinbase representative emphasized Luxembourg’s global financial credibility, calling it “a high-bar, well respected financial centre.”
▪️ The firm plans to hire over 20 new staff in Luxembourg by year-end, expanding its existing 200-person European team.
MiCA Faces Its First Real Test
As the first major MiCA licenses are issued, the EU's ability to maintain regulatory uniformity is being put to the test.
▪️ Central Bank Governor Gabriel Makhlouf previously compared crypto to a Ponzi scheme, warning: “Most of the time when you gamble, you’re actually losing.”
▪️ ESMA is now examining Malta’s process closely, with a report to be shared among member states in the coming weeks.
What's at Stake
With the Gemini MiCA approval and Coinbase EU MiCA license serving as precedent, these cases could define:
Whether MiCA's promise of harmonization will hold
How jurisdictional competition might impact investor protections
The degree of regulatory trust within the EU's internal crypto market
As regulatory friction builds, Europe’s new crypto era is taking shape—and the outcomes of these licenses may define the rules of engagement for years to come.
@ Newshounds News™
Source: Watcher Guru
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Vietnam Passes Landmark Law Defining Digital Assets, Boosting AI and Chip Sectors
Vietnam has taken a major step forward in regulating crypto and accelerating digital innovation. A new law passed by the National Assembly legalizes digital assets and lays the foundation for massive state-backed investment in semiconductors, AI, and digital infrastructure. The move positions Vietnam as one of the first nations with a comprehensive legal framework for digital assets.
Clear Rules for Crypto—And Major Incentives for Tech
▪️ The Law on Digital Technology Industry, passed with 441 out of 445 votes, takes effect January 1, 2026.
▪️ It formally classifies digital assets into three categories: virtual assets, crypto assets, and other digital assets—each with defined property rights under civil law.
▪️ The law ends the regulatory gray zone that pushed Vietnamese crypto startups to relocate abroad.
What the Law Covers
▪️ Virtual assets: Used for exchange or investment, not recognized as currency.
▪️ Crypto assets: Authenticated and transferred via encryption and blockchain.
▪️ Other digital assets: Encompassing non-financial digital goods.
▪️ Securities, fiat tokens, and other financial instruments are excluded from these definitions.
A Homecoming for Crypto Innovation
Vietnam’s crypto ecosystem had seen explosive growth despite unclear laws.
▪️ The country ranked 5th globally in crypto adoption in 2024, per Chainalysis.
▪️ Over $105 billion in blockchain investments entered Vietnam during 2023–24—mostly routed through offshore entities.
▪️ Prime Minister Pham Minh Chinh had previously ordered crypto regulation development to support his 8% GDP growth target.
The new law is designed to bring crypto firms back home by offering both legal certainty and economic incentives.
Vietnam Bets Big on AI, Chips, and Data Centers
Beyond crypto, the legislation signals a bold national tech agenda:
▪️ Aims to grow to 150,000 digital technology enterprises by 2035.
▪️ Offers corporate tax rates as low as 10% for 15 years for qualifying tech firms.
▪️ Waives import duties and land rental fees for digital infrastructure, AI, and semiconductor ventures.
▪️ Projects investing $80M+ in data centers or $160M+ in chip fabs qualify for "special" status—triggering perks like five-year personal tax exemptions for foreign experts.
Vietnam explicitly states its goal to become “an essential link in the global semiconductor supply chain.”
This landmark legislation is more than crypto regulation—it's a full-scale blueprint for transforming Vietnam into a leading digital economy in Asia.
@ Newshounds News™
Source: Decrypt
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BRICS Just Launched a New Energy Alliance Backed by Petro-Yuan Deals
The BRICS energy alliance has officially launched a coordinated system of petro-yuan oil contracts, directly challenging the U.S. dollar’s dominance in global energy markets. With an expanded bloc now controlling 46 million barrels per day of oil production, BRICS is rapidly implementing currency shift mechanisms—including yuan-denominated contracts, rupee-ruble swaps, and local currency financing—marking the most significant threat to U.S. financial hegemony since Bretton Woods.
How BRICS Plus Is Reshaping Global Energy Markets and Challenging Dollar Hegemony
Energy Production Powerhouse Emerges
▪️ The expanded BRICS energy alliance includes Saudi Arabia, Russia, Iran, UAE, and Brazil, jointly producing nearly a quarter of global oil—totaling 46 million barrels per day.
▪️ Gas reserves are even more concentrated, with Russia, Iran, Qatar, Algeria, and UAE now holding two-thirds of global reserves.
▪️ Petro-yuan transactions are rising sharply. In one year, 60% of yuan-denominated crude oil trades took place on the Shanghai Stock Exchange, bypassing the U.S. dollar entirely.
▪️ Strategic energy infrastructure projects like the Power of Siberia 2 pipeline—linking China, Kazakhstan, and Russia—are set to be operational by late 2025, further boosting BRICS' influence.
Payment Revolution Underway
▪️ Energy payments are shifting away from SWIFT and dollar dominance:
Russia and India now settle in rupee-ruble swaps.
China and Saudi Arabia process billions through yuan-riyal channels.
The Riyadh Royal Court has reportedly reviewed the dollar-denominated oil contract system.
▪️ By early 2025, yuan-based oil trades represented 24% of daily Brent crude volume—a significant erosion of dollar exclusivity.
▪️ These developments form a parallel financial infrastructure, operating independently of Western-controlled systems.
Development Bank Financing Shift
▪️ The New Development Bank (NDB), a BRICS financial arm, is aiming for 30% of all lending in local currencies by 2026, up from 22% today.
▪️ The bank maintains a $5 billion annual lending target while reducing its dependence on the U.S. dollar.
▪️ Major projects now financed in local currencies include:
Nairobi-SGR railway renovation (Kenya)
Johor Baru port expansion (Malaysia)
▪️ Petro-yuan oil contracts are thus not confined to commodities—they underpin broad development financing as well.
Challenges and Future Implications
▪️ The BRICS bloc still grapples with internal tensions, such as the India-China border dispute and Iran-Saudi regional rivalry.
▪️ A unified BRICS currency remains elusive, requiring full consensus, and members have divergent views on implementation.
▪️ The U.S. dollar still dominates, accounting for 59% of global reserves compared to just 2.48% for the yuan. But that gap is being challenged in practical terms.
▪️ Analysts describe this moment as the “first defeat of the invincible army”—not a full collapse of dollar dominance, but a fundamental shift to multi-currency energy systems.
A New Global Financial Map in the Making
BRICS' energy initiatives effectively transform the dollar from a compulsory tool to an optional one. While the U.S. retains unmatched military spending—$750 billion annually—its monetary control in global trade is no longer absolute.
Through the petro-yuan contracts, local-currency development loans, and alternative payment systems, the BRICS energy alliance offers a functional route for Global South nations to escape Western financial dependency.
This marks the most substantial de-dollarization movement in decades, with real-world energy trade flows and infrastructure spending steadily redesigning the global economic landscape—outside traditional, Western-led frameworks.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Thank you Dinar Recaps
“Tidbits from TNT” Monday Morning 6-16-2025
TNT:
Tishwash: Parliamentary Finance: The government is determined to prepare the financial budget schedules.
The Parliamentary Finance Committee confirmed on Thursday that the government is working on preparing budget schedules that are in line with the country's financial reality.
Committee member Atwan Al-Atwani said in a statement followed by Lakma News that "the committee discussed with the Prime Minister the preparation of the budget, and stressed the need for it to arrive before the end of the year to give legal status to government spending, both operational and investment."
TNT:
Tishwash: Parliamentary Finance: The government is determined to prepare the financial budget schedules.
The Parliamentary Finance Committee confirmed on Thursday that the government is working on preparing budget schedules that are in line with the country's financial reality.
Committee member Atwan Al-Atwani said in a statement followed by Lakma News that "the committee discussed with the Prime Minister the preparation of the budget, and stressed the need for it to arrive before the end of the year to give legal status to government spending, both operational and investment."
He added, "The government is determined to prepare budget schedules in line with the current financial reality, given the increase in operating spending and the need for investment spending to finance projects. We look forward to the budget being presented to the House of Representatives in the coming days."
Al-Atwani pointed out that "the government is keen to secure salaries despite the annual financial deficit," noting that "the government is taking serious steps to provide alternatives to financing the budget other than oil to ensure additional resources." link
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Tishwash: 660 people arrested for manipulating food prices and dollar exchange rates.
The Ministry of Interior announced on Sunday the arrest of 660 individuals for manipulating food prices and dollar exchange rates.
The head of the Ministry of Interior's Public Relations and Media Department, Brigadier General Muqdad Miri, said in a statement received by Al-Mada: "The Ministry of Interior has launched a major campaign to track down those manipulating food prices and those promoting a rise in the dollar exchange rate against the Iraqi dinar in an attempt to exploit the circumstances the region is experiencing."
He pointed out that "the Anti-Organized Crime Squads were able to arrest 660 people accused of price manipulation." link
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Tishwash: International Chamber of Commerce: Investment companies' activity expands amidst the security situation in Iraq.
The International Chamber of Commerce confirmed on Sunday that investment companies' activity is expanding amidst the security situation in Iraq, while stating that large foreign companies' investments require Iraqi operating companies and staff.
"Iraq is a fertile country for investment, especially with the recent remarkable and successful steps taken by the government to overcome many administrative and legal issues to advance the private sector," Mohsen Al-Hamidawi, head of the International Chamber of Commerce in Iraq, told the Iraqi News Agency (INA).
He added, "The arbitration process between companies will help many companies invest in Iraq because their rights are now guaranteed from a legal and administrative standpoint, and the International Chamber of Commerce will continuously monitor all contracts concluded with companies."
He pointed out that "Iraq lost a lot years ago due to the lack of arbitration. Any problem that arose between companies and the Iraqi government would be referred to Abu Dhabi or France. Now, arbitration is available through the International Chamber of Commerce in Iraq. We have important conditions to protect these companies from procrastination and to secure their rights. Companies are now safer at work and more active in light of the security that Iraq enjoys."
He explained, "During the past two years of the government's tenure, more than 150 companies have signed contracts for oil, gas, and other projects, particularly the Development Road Project. More than a year ago, we officially announced to all companies worldwide, through the International Chamber of Commerce in Paris, the launch of the International Chamber of Commerce in Iraq. This has encouraged companies to enter and invest."
He explained that "large foreign companies that undertake major projects will inevitably need Iraqi companies and to employ Iraqi workers. This will encourage more small and large Iraqi companies to invest with foreign companies and take on what are called 'subcontractors' or major contracts. Iraqi companies, whether large or small, are not deficient and will deal with this event well link
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Mot: .. Thank Goodness for Sam and Woody
Mot: Bear Warning
Ariel : Iraqi Dinar Update, Major Movement on the Border
Ariel : Iraqi Dinar Update, Major Movement on the Border
Major Movement On The Border: 3 Things To Note
Iraqi Dinar Update
• Border conflicts and proxy wars, often fueled by Iranian influence, have historically destabilized Iraq’s economy. The liberation diminishes Iranian leverage, which has been a barrier to Iraq’s sovereignty over its economic policies, including currency management.
Ariel : Iraqi Dinar Update, Major Movement on the Border
Major Movement On The Border: 3 Things To Note
Iraqi Dinar Update
• Border conflicts and proxy wars, often fueled by Iranian influence, have historically destabilized Iraq’s economy. The liberation diminishes Iranian leverage, which has been a barrier to Iraq’s sovereignty over its economic policies, including currency management.
• International investors are wary of countries with ongoing conflicts. The stabilization of the Ahwaz region signals to global markets that Iraq is moving toward a more secure environment, potentially attracting foreign direct investment (FDI) essential for economic growth and currency strengthening.
• Internally, the liberation reduces sectarian tensions within Iraq, particularly among Sunni populations who may feel marginalized. A more unified domestic front supports coherent economic policy-making, a prerequisite for currency reform.
Why this is huge for Dinar Investors?
The CBI has been working on stabilizing the dinar against the U.S. dollar, which has fluctuated due to economic instability. With Ahwaz’s liberation, the CBI can focus on implementing policies like reducing money supply growth and controlling inflation, both of which are necessary for revaluation.
The stability allows Iraq to allocate more resources to building foreign exchange reserves. As of early 2025, Iraq’s reserves were reported at approximately $100 billion, but experts suggest a reserve of at least $150 billion is needed for a credible revaluation.
The additional oil revenue from a stable Ahwaz region can help reach this threshold. Joining the Forex market requires adherence to international financial standards, such as those set by the International Monetary Fund (IMF).
The geopolitical calm post-liberation enables Iraq to focus on IMF-mandated reforms, including improving transparency in fiscal operations and reducing corruption, which have historically undermined currency credibility.
The dinar must become fully convertible, meaning it can be freely exchanged for other currencies without restrictions. The stability from Ahwaz reduces the risk of capital flight, a common barrier to convertibility.
The Forex market requires a currency to have sufficient liquidity, which depends on trade volume and investor interest. A stable Iraq, with increased oil exports and FDI, can enhance dinar liquidity by attracting more international transactions.
The Green Light
The convergence of the “Big Beautiful Bill,” the GENIUS Act, and the settlement of the Ripple case with the SEC, alongside the pairing of XRP with the Iraqi dinar (IQD), creates a compelling scenario for Iraq’s currency revaluation and entry into the Forex market in the near future.
The “Big Beautiful Bill,” being a comprehensive legislative package aimed at economic reform, will provide the legal and financial framework necessary for Iraq to overhaul its monetary policies, including reducing corruption, enhancing transparency, and aligning with international standards as recommended by the IMF.
The GENIUS Act, presumably focusing on technological and financial innovation, would further support Iraq’s digital infrastructure, crucial for modernizing its banking sector and facilitating electronic currency trading, a prerequisite for Forex integration.
The settlement of the Ripple case with the SEC, announced on May 8, 2025, resolves a significant regulatory hurdle for XRP, a cryptocurrency paired with the IQD, potentially stabilizing its value and enhancing its usability in international transactions.
With XRP’s pairing, Iraq could leverage blockchain technology to improve dinar convertibility and liquidity, essential for Forex market entry.
Given the timeline next week’s anticipated passage of these bills the stage is set for Iraq to make its move, possibly triggering a revaluation shortly after, as the combination of legislative support, technological advancement, and cryptocurrency stability aligns with the geopolitical and economic stability gained from events like the liberation of Arab Ahwaz.
This convergence, while not guaranteed, positions Iraq closer than ever to achieving a revalued dinar, backed by a robust legal, technological, and financial foundation.
Source(s): https://x.com/Prolotario1/status/1934007342619644254
More News, Rumors and Opinions Sunday PM 6-15-2025
KTFA:
Clare: Iraq maintains its global ranking in natural resources
6/15/2025
Iraq ranked ninth globally among the best natural resources, according to Visual Capitalist, a company that focuses on topics including markets, technology, and energy.
In a report seen by Shafaq News Agency, the company stated that natural resources form the backbone of modern manufacturing and are essential to the production of everything around us.
KTFA:
Clare: Iraq maintains its global ranking in natural resources
6/15/2025
Iraq ranked ninth globally among the best natural resources, according to Visual Capitalist, a company that focuses on topics including markets, technology, and energy.
In a report seen by Shafaq News Agency, the company stated that natural resources form the backbone of modern manufacturing and are essential to the production of everything around us.
She added that 10 countries, including Iraq, dominate the global natural resources landscape, each holding vast reserves important for various industries.
The report indicated that Iraq ranked ninth among the world's countries in terms of the availability of natural resources, estimated at $16 trillion, which include oil and phosphate rocks.
Globally, according to the company, Russia leads the world in natural resources, with an estimated value of $75 trillion, including coal, natural gas, oil, gold, timber, and rare earth minerals. The United States is second, with a value of $45 trillion, including coal, timber, natural gas, gold, and copper.
She continued, "Saudi Arabia came in third with a value of $34 trillion, which includes oil and timber, followed by Canada in fourth place with a value of $33 trillion, which includes oil, uranium, timber, natural gas, and phosphates, followed by Iran in fifth place with a value of $27 trillion, which includes oil and natural gas."
The company noted in its report that China came in sixth place with a value of $23 trillion, which includes coal, rare earth minerals, and timber. Brazil came in seventh place with a value of $22 trillion, which includes gold, uranium, iron, timber, and oil.
She continued, "Australia came in eighth place with a value of $20 trillion, which includes coal, timber, copper, iron ore, gold, and uranium. Iraq came in ninth place, and Venezuela came in tenth place with a value of $14 trillion, which includes iron, natural gas, and oil."
Iraq was ranked among the top ten countries with the most valuable natural resource reserves, in terms of the total estimated value over the past four years.
According to a 2024 Statista report, natural resources are the raw inputs used to make everything we use, from intermediate goods to final products. These resources are found in the ground among reserves that have not yet been extracted.
According to Statista estimates, Russia ranked first, with its natural resource reserves estimated at $75 trillion. This amount includes coal, oil, natural gas, gold, timber, and rare earth minerals.
The United States came in second, with an estimated value of $45 trillion in natural resources, nearly 90% of which is timber and coal.
Iraq ranked ninth, boasting $15.9 trillion in natural resources. Its desert terrain contains oil, natural gas, phosphates, and sulfur, according to the website.
Iraq is OPEC's second-largest producer of crude oil and the world's fifth-largest producer of proven crude oil reserves. Iraq relies on crude oil exports for a significant portion of its revenue. LINK
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Clare: Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers.
6/15/2025 Baghdad - Nassar Al-Hajj
The Prime Minister's financial advisor, Mazhar Mohammed Salih, identified four factors that make Iraq a regional financial center on Sunday, stressing that Iraq possesses foreign reserves exceeding $100 billion.
“There are four elements of strength that make Iraq a regional financial center, the first of which is that it is the second largest producer of crude oil in the Middle East, and it has the fourth largest oil reserves in the world, through which it competes to take precedence in the global energy market, through more production and achieving financial flows that make it a financial and economic pillar in the economic geography of the Middle East, by achieving large financial surpluses that can be directed to investment in financial infrastructure,” Saleh told the Iraqi News Agency (INA).
He stated that "Iraq has foreign reserves exceeding $100 billion, which provides it with a significant financial safety margin, confidence in monetary stability, and high financial investment attractiveness."
He added, "The second factor is Iraq's unique geoeconomic location, which is a vital corridor linking the world's north to its south. This represents an open economic space between global markets and their financial and commercial attractions, with links that provide important climates for the concentration of regional financial markets, which will revolve around the strategy of the 'development project' linking Europe and the Gulf."
He continued: "The third factor is the demographic or human factor, and its foundation is the population boom, as the percentage of the population under the age of thirty is close, which makes Iraq one of the young nations. The high percentage of youth (more than 60% under the age of thirty) will provide a flexible human base that can be trained in financial technology, banking innovation, digital technology, and artificial intelligence." He noted that "the government is undertaking the establishment of an important college for artificial intelligence sciences as inputs to the financial labor market and its foundations."
He added, "The fourth factor is modernizing and restructuring governance in government-owned banks, given that they currently control 80% or more of banking activity." He emphasized that "the reform campaign being led by the government today for the aforementioned banks aims to transform Iraq into a global financial center after ridding it of the risks of bureaucracy and inefficiency inherited over many decades."
He pointed out "the importance of electronic payments and the gradual expansion of the use of bank cards, point-of-sale (POS), collection systems, and smart wallets, which have helped achieve significant leaps in digital financial inclusion. This is coupled with the presence of the Iraq Stock Exchange and the Securities Commission, which operate in a robust, integrated, and promising manner as an infrastructure to establish Iraq as a regional hub for consolidating the country's institutional financial stability."
He explained that "the legal, executive, and regulatory infrastructure requirements are the key lever for enabling this transformation. These include, for example, linking banks to effective electronic payment platforms and supporting the development of the current National Data Center to serve as the sovereign digital financial infrastructure that supports Iraq's efforts to transform into a regional financial center."
He pointed out that "Iraq's transformation into a regional financial center will be achieved through the collection and integration of financial, banking, and economic data, supporting smart monetary and financial policies, enabling financial technology and smart data analysis, enhancing transparency and governance of financial institutions, stimulating the non-banking finance sector, such as microfinance companies, reforming the insurance sector, and licensing financial technology ( Fintech ) companies."
He pointed out that "the current political, legal, and institutional stability that our country enjoys today, in a prosperous and solid manner, is the true basis for financial strength. There is no financial center without a stable and secure political and legal environment."
Saleh emphasized the importance of building regional and international partnerships, such as studying the importance of joining regional payment systems and financial structures of international groups such as the G20 or BRICS, or partnerships with strong financial centers in Singapore, Dubai, Hong Kong, and others. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Just because Iraq looks ready, sounds ready, is ready, does the IMF, World Bank, US Treasury, Bank of International Settlements feel they're ready? ...It's about Iraq but it's not all about Iraq...It isn't just Iraq pushing the button. It's going to have to be something to the effect of that inter-connectivity I've been talking about. They need to be allowed to be able to do that...Bottom line is what we see with all the things collectively to this date shows Iraq is ready...A lot of pressure on everybody to make sure they get it right.
Bruce [via WiserNow] ...the indicator is that things regarding the RV are moving forward for us...the most recent information for us is saying that we will get notified, quite possibly Monday and begin exchanges on Tuesday... I believe that could very well be the case...we know that redemption center personnel are going in Monday...exchanging Lord willing on Tuesday... that's what it's pointing to, because this is coming up to where this needs to go.
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What's Behind The Gold (+ Silver + Platinum) Bull? | Michael Pento
Liberty and Finance: 6-15-2025
The labor market is cracking, says portfolio manager Michael Pento . While there is superficial optimism based on tariff deals, the foundations of the economy are cratering. And partly due to high energy costs, there is likely no relief coming for high prices.
"The level of inflation has destroyed the middle class," he argues. While central banks have been accumulating hard assets like gold, the movements in Bitcoin show that the common man is moving into precious metals.
"People are dying for another alternative to the U.S. dollar," he says. He is bullish on gold, platinum, and potentially silver as demand for hard assets outside the manipulated financial system increases.
INTERVIEW TIMELINE:
0:00 Intro
1:40 Macro outlook
14:25 Gold, silver & platinum
25:08 Central banks buying gold
26:15 Market crash
29:10 Pento's relocation