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Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 7-1-25

Good Afternoon Dinar Recaps,

BRICS To Discuss Rare Earth Supply & Exports at 2025 Summit

The BRICS alliance will place rare earth elements (REEs) front and center at its upcoming 17th summit, scheduled for July 6–7, 2025, in Rio de Janeiro, Brazil. For the first time, the 10-member bloc will be joined by 14 partner countries to engage in a pivotal dialogue on the future of global trade, currency settlements, and strategic resource management.

Good Afternoon Dinar Recaps,

BRICS To Discuss Rare Earth Supply & Exports at 2025 Summit

The BRICS alliance will place rare earth elements (REEs) front and center at its upcoming 17th summit, scheduled for July 6–7, 2025, in Rio de Janeiro, Brazil. For the first time, the 10-member bloc will be joined by 14 partner countries to engage in a pivotal dialogue on the future of global trade, currency settlements, and strategic resource management.

China Controls the Global REE Chain

BRICS member China currently dominates the rare earth sector, controlling:

  • 70% of the global REE supply, and

  • 90% of the world’s refining and processing capacity.

In a bold move this year, China imposed export curbs on rare earth magnets on April 4, 2025, in direct response to U.S. tariffs imposed under President Trump.

The freeze on global supplies has significantly tightened REE markets, sparking growing international demand — and positioning China as the most influential voice heading into the BRICS summit.

Strategic Talks to Rewrite Rare Earth Trade Framework

Brazil’s BRICS Ambassador Kenneth Nobrega confirmed the summit will include REE discussions, led by China. He emphasized:

“You have to be mindful that BRICS countries together contribute a huge chunk to the world’s REEs. This has to be discussed because this is a result of trade tensions not created by BRICS countries.”

While formal negotiations have not yet begun, the talks signal BRICS’ growing strategic influence over critical global supply chains, particularly as the alliance expands its coordination across trade, energy, and currency systems.

U.S. Faces Strategic Setback Amid Trade Wars

With BRICS already controlling 42% of the world’s oil and gas, the bloc’s influence over 70% of rare earth exports underscores a major geopolitical shift. China’s expected leadership at the summit aims to empower member nations to trade REEs without relying on U.S.-centric systems — potentially deepening the global divide over trade norms.

The United States, already impacted by export freezes and retaliatory tariffs, now risks falling behind in the rare earth supply race — a sector crucial for defense, electronics, EVs, and renewable energy.

As tensions rise, the Rio summit could redefine the global power balance over the minerals that power the modern world.

@ Newshounds News™
Source
Watcher.Guru

~~~~~~~~~

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BRICS SUMMIT 2025 Launches Plans to Redraw Global Power

BRICS SUMMIT 2025 Launches Plans to Redraw Global Power

Taylor Kenny:  7-1-2025

At the 2025 BRICS summit, a post-dollar system is being quietly constructed—one where gold, not the Fed, sits at the center.

 If you're holding U.S. assets, this isn't background noise.

 It’s a global reset in motion.

BRICS SUMMIT 2025 Launches Plans to Redraw Global Power

Taylor Kenny:  7-1-2025

At the 2025 BRICS summit, a post-dollar system is being quietly constructed—one where gold, not the Fed, sits at the center.

 If you're holding U.S. assets, this isn't background noise.

 It’s a global reset in motion.

CHAPTERS:

0:00 BRICS

1:36 17th Annual BRICS Summit

2:55 BRICS Expansion

3:25 New World Order

 6:10 De-Dollarization

8:09 Dollar Collapse

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

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News, Rumors and Opinions Tuesday 7-1-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 1 July 2025

Compiled Tues. 1 July 2025 12:01 am EST by Judy Byington

For over five decades, the fiat US Dollar’s dominance has been enforced through petrodollar agreements, military leverage, and monetary coercion. The United States printed debt-backed dollars, exported inflation to the rest of the world, and called it economic leadership.

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

RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 1 July 2025

Compiled Tues. 1 July 2025 12:01 am EST by Judy Byington

For over five decades, the fiat US Dollar’s dominance has been enforced through petrodollar agreements, military leverage, and monetary coercion. The United States printed debt-backed dollars, exported inflation to the rest of the world, and called it economic leadership.

These nations — many from BRICS, OPEC+, ASEAN, and Africa — will (allegedly) no longer conduct major trade in dollars. Settlements were shifting to gold, bilateral currency deals, and new digital asset platforms. The moment this global switch hits full velocity, dollar demand vanishes — and with it, America’s borrowed empire.

This is how the system falls: – Oil no longer requires dollars – Treasury markets stall – Bonds devalue overnight – Global reserve banks dump USD – Inflation surges beyond control. It won’t be a crash. It will be an implosion.

But behind the scenes, the Trump and the world was preparing. Quiet deals. Strategic alliances. And now, a unified move to end the era of fiat tyranny.

On Thurs. 26 June 2025 Trump’s Skybreaker Protocol (allegedly) went live, erasing the old banking system worldwide. As of 7:30 pm EST Thurs. 26 June all countries, including the US, were (allegedly)  on their new asset-backed currencies and no longer under malicious control.

As a result all banking-related debts — including mortgages, loans, and credit cards — were(allegedly)  being wiped out, permanently. This was a reset, not a bailout. The system was illegal from the start.

Income taxes were being abolished. No more IRS raids, no more wage theft. In its place: a (allegedly) 14% flat tax on luxury items only. Food, medicine, housing —(allegedly)  untaxed and protected. The IRS has been(allegedly)  shut down. Its agents (allegedly) reassigned to oversee fair taxation under Treasury authority, not corporate fiat enforcers.

The Federal Reserve was (allegedly) gone. Its monopoly on money creation has (allegedly) ended. In its place: a gold, silver, and platinum-backed Rainbow Currency, immune to manipulation and printed theft.

Right now there was(allegedly)  a Military surge of unified forces in air, land, sea, space and cyber. They just activated red level protocols. Covert units are fortifying cities, back roads and power hubs. They are not training, they are securing Quantum Redemption Nodes for imminent wealth release.

And on Fri. 4 July 2025 Trump was expected to announce the Global Currency Reset.

~~~~~~~~~~~~~

Sun. 29 June 2025 A2Z RV Update:

The current theory is that Iraq will (allegedly)  publicly announce its new exchange rate on Monday, June 30th, marking a key step in the long-anticipated RV timeline.

Reports indicate that U.S. private wealth managers (not Redemption Center staff) are preparing for client exchanges, with appointments possibly starting Tuesday.

Basel III is set to activate Monday night, requiring all banks to be gold- and asset-backed. This aligns with Bruce’s statement that entities were already asset-backed by Thursday night, ahead of the global implementation on July 1st.

Some are still expecting a formal asset-backed currency announcement from President Trump, but Jerome Powell publicly confirmed the shift during a Senate hearing on June 25th. The question remains: is a Trump statement still needed, or have Powell’s remarks and details within the Big Beautiful Bill (BBB) already covered it?

The Big Beautiful Bill is key. Over 16 hours were spent reading it in the Senate, including definitions like the scientific definition of a woman, and sections related to foreign currency exchanges and gold-backed assets—both of which align with Basel III, taking effect in the U.S. at midnight EST Monday.

Stay grounded. Stay alert. There is plenty of Public ACTION happening for us to move forward….it’s coming! Our DREAMZ are coming true!!

Read full post here:  https://dinarchronicles.com/2025/07/01/restored-republic-via-a-gcr-update-as-of-july-1-2025/

************

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

Frank26 The parallel market and the official exchange rate is rapidly closing...Once it reaches 1 to 1 with the pairing of the American dollar internationally it will be in position to float in an international basket with other currencies.

Sandy Ingram   This is what is important.  To obtain IMF Article VIII status a country must demonstrate that it maintains a freely usable and convertible currency and allows current account transactions to flow without restrictions.  This means the country cannot impose controls or delays on international payments...The central bank must also avoid multiple exchange rates or practices...Instead it must commit to transparent market-based exchange rate policies and permit fair access to foreign exchange.

************

Fed in the Red: A Monopoly on Money with Billions in Losses

Lynette Zang:  6-30-2025

The Federal Reserve holds a monopoly on money creation—so why is it drowning in losses? Lynette expose the hidden mechanics of seigniorage, inflation, and the debt spiral that's eroding your wealth in plain sight.

The system is designed to profit from you and I but sound money like gold and silver is the path to financial safety.

https://www.youtube.com/watch?v=ss1B3r-vBY8

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Seeds of Wisdom RV and Economic Updates Tuesday Morning 7-1-25

Good Morning Dinar Recaps,

Texas Declares Gold and Silver Legal Tender Starting 2027

In a bold legislative move, Texas will officially recognize gold and silver as legal tender for day-to-day transactions beginning May 1, 2027, following the signing of House Bill 1056 by Governor Greg Abbott.

Precious Metals Return to the Marketplace

Governor Abbott announced on X (formerly Twitter) that he had signed HB 1056 into law, which amends the Texas Government Code to include gold and silver as recognized legal tender, with their transactional value to be set by the state comptroller at the time of exchange.

Good Morning Dinar Recaps,

Texas Declares Gold and Silver Legal Tender Starting 2027

In a bold legislative move, Texas will officially recognize gold and silver as legal tender for day-to-day transactions beginning May 1, 2027, following the signing of House Bill 1056 by Governor Greg Abbott.

Precious Metals Return to the Marketplace

Governor Abbott announced on X (formerly Twitter) that he had signed HB 1056 into law, which amends the Texas Government Code to include gold and silver as recognized legal tender, with their transactional value to be set by the state comptroller at the time of exchange.

“No state shall make any thing but gold and silver coin a tender in payment of debts.”
— U.S. Constitution, Article I, Section 10, cited by Governor Abbott.

Importantly, the new law does not eliminate or prohibit the use of Federal Reserve notes or U.S. dollars, nor does it require individuals or businesses to accept gold or silver for payments or deposits.

Digital Gold, Bitcoin, and Broader Monetary Shifts

The passage of HB 1056 was part of a larger package of financial reforms in Texas. On the same day, Abbott also signed legislation approving the creation of a strategic Bitcoin (BTC) reserve for the state, further positioning Texas at the forefront of alternative currency policy in the United States.

The move comes as several Republican-led efforts in the state push for monetary diversification, from physical precious metals to digital assets like cryptocurrency and potentially even gold-backed digital currencies.

Public Skepticism and Practical Hurdles Remain

While some Texans support the return of gold and silver to daily commerce, others have expressed concern about the practicality and authenticity of such transactions.

“How is the retailer going to protect themselves and ensure the gold or silver coin is authentic and not counterfeit?”  — Reddit user “the_shootist” in response to a similar 2015 proposal

Questions remain around retail compliancevaluation mechanisms, and the logistics of physical asset verification in modern commerce.

Legal and Historical Context

The United States abandoned the gold standard in 1933, when President Franklin D. Roosevelt ordered the return of all privately held gold to the Federal Reserve. Under current constitutional constraints, individual states cannot issue their own currency, but they can recognize precious metals as legal tender—as long as their use remains voluntary.

Texas now joins a growing number of states acknowledging gold and silver in law, though none require businesses to accept them. Some local economies have experimented with “Goldbacks”—privately issued gold-foil notes used in select transactions—though these are not backed by any state or federal entity.

Looking Ahead

While HB 1056 won’t take effect until 2027, it signals a growing push in the U.S. toward currency alternatives, both physical and digital. With Texas now recognizing precious metals as transactional assets and exploring Bitcoin reserves, the state is staking its claim as a leader in monetary innovation.

Whether this movement gains broader traction—or remains symbolic—will depend on implementationretailer adoption, and the public’s willingness to embrace hard assets in a digital-first world.

@ Newshounds News™
Source: 
Cointelegraph   

~~~~~~~~~

Ripple Launches XRPL EVM Sidechain, Bringing XRP to Ethereum dApps

In a major step toward blockchain interoperability, Ripple’s XRP Ledger (XRPL) has launched its long-anticipated Ethereum Virtual Machine (EVM)-compatible sidechain, enabling XRP to integrate with Ethereum decentralized applications (dApps) and use XRP as gas.

The launch, announced on June 30, was developed in partnership with blockchain infrastructure firm Peersyst, and marks a strategic move to position XRP at the center of Ethereum’s vast and active DeFi ecosystem.

Multichain Interoperability Begins

“With the launch of XRPL EVM, we’re unlocking a new era for XRP — one where it can flow seamlessly across the multichain world. This isn’t the finish line; it’s Day 1 of a much bigger journey toward interoperability, programmability, and utility at scale.”
— Ferran Prat, Peersyst

The new EVM sidechain allows developers to deploy Ethereum-compatible smart contracts while maintaining the performance and efficiency of the XRP Ledger. It brings faster transaction speeds and lower costs compared to Ethereum—benefits that make it especially attractive for high-volume dApps.

Ripple CTO: A Bridge Between Two Ecosystems

Ripple CTO and XRP Ledger co-creator David Schwartz praised the initiative as a bridge between two powerful ecosystems:

“The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications, while maintaining a connection to the XRPL’s efficiency. It extends the capabilities of the ecosystem without changing the fundamentals that make the XRPL reliable.”

With this move, Ripple aims to expand the utility and developer base of the XRP Ledger, tapping into the broader EVM ecosystem, which includes thousands of existing Ethereum dApps and smart contract developers.

Cross-Chain Infrastructure via Axelar

The new sidechain is connected to the main XRP Ledger via the Axelar bridge, a secure interoperability layer designed for enterprise-grade applications. This integration enables seamless cross-chain operations between XRP and Ethereum-compatible networks.

“Crypto is entering an exciting phase as institutions and enterprises are pursuing compelling new use cases. The XRP Ledger EVM Sidechain is positioned to capture this rising demand, and Axelar is the secure, institutional-grade connector that will make it possible.” — Georgios Vlachos, Axelar Foundation

Institutional and Enterprise Use Cases in Focus

The launch of the XRPL EVM Sidechain is part of Ripple’s broader strategy to attract institutional and enterprise clients, many of whom are exploring multichain solutions to optimize speed, cost, and scalability in blockchain infrastructure.

With XRP now integrated into Ethereum’s DeFi landscape, Ripple aims to position itself as a leading player in cross-chain finance, offering tools that combine the reliability of XRPL with the programmability of Ethereum.

@ Newshounds News™
Source: 
Crypto.news   

~~~~~~~~~

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“Tidbits From TNT” Tuesday Morning 7-1-2025

TNT:

Tishwash:  Iraq suspends official work next Sunday

Sunday, July 6, 2025, is an official holiday for all ministries and government institutions, coinciding with the tenth of Muharram, the anniversary of the killing of Imam Hussein ibn Ali, the grandson of the Prophet Muhammad and his daughter Fatima al-Zahra, according to the official holidays in Iraq.

The Cabinet Affairs and Committees Department at the General Secretariat of the Cabinet clarified in a statement today, Tuesday, that the holiday came based on the provisions of Article (1/First/C) of the Official Holidays Law (12 of 2024).

TNT:

Tishwash:  Iraq suspends official work next Sunday

Sunday, July 6, 2025, is an official holiday for all ministries and government institutions, coinciding with the tenth of Muharram, the anniversary of the killing of Imam Hussein ibn Ali, the grandson of the Prophet Muhammad and his daughter Fatima al-Zahra, according to the official holidays in Iraq.

The Cabinet Affairs and Committees Department at the General Secretariat of the Cabinet clarified in a statement today, Tuesday, that the holiday came based on the provisions of Article (1/First/C) of the Official Holidays Law (12 of 2024).

Shia Muslims commemorate the martyrdom of Imam Hussein, his family, and his companions in the Karbala massacre, and the commemoration continues until the Arbaeen pilgrimage, forty days after the day of Ashura.  link

*************

Tishwash:  After being withdrawn for security reasons, a portion of the US embassy staff in Baghdad has returned.

 A portion of the US embassy staff in Baghdad has returned to work after being temporarily evacuated due to security concerns surrounding the war between Israel and Iran.

 A video recording on Saturday showed two helicopters landing at the US embassy compound in the Green Zone in central Baghdad, with a number of employees disembarking from them.

On June 12, the day before the outbreak of the 12-day war between Israel and Iran, the US State Department ordered the withdrawal of non-essential staff from its embassy in Baghdad and its consulate in Erbil.

A US official confirmed that additional personnel were withdrawn later on June 21 and 22.

 On June 21, the US Embassy in Baghdad warned its citizens against traveling to Iraq for any reason.

She explained that both the embassy in Baghdad and the consulate in Erbil have temporarily suspended routine visa services, but remain open for consular services to US citizens.

Some news websites close to armed factions in Iraq had previously reported that all US embassy staff had left the embassy compound last Friday.  link

************

Tishwash:  Erbil-Baghdad Salary Deal Nearing Finalization; Oil Export Mechanism Key to Agreement

KRG and Baghdad near deal to resume oil exports and release delayed salaries. A KRG delegation met with top Iraqi officials, including Oil Minister Abdul-Ghani. Baghdad may release May salaries this week; debt to oil firms and export terms remain key issues.

 The Kurdistan Regional Government (KRG) and the federal government in Baghdad are reportedly on the verge of reaching a pivotal agreement that could pave the way for the disbursement of delayed salaries to public sector employees in the Kurdistan Region as early as this week.

According to a well-informed source familiar with the high-level negotiations, a senior KRG delegation has been in Baghdad for three consecutive days holding crucial meetings with Iraqi government officials.

The source, speaking to Kurdistan24’s Dilan Barzan, stated: "A high-level KRG delegation has been in Baghdad for three days and has held a series of top-level meetings with Iraqi government officials. As of 1:00 PM today, Monday, June 30, 2025, the KRG delegation is scheduled to meet with Iraq’s Oil Minister, Hayan Abdul-Ghani, at the Council of Ministers."

One of the central issues under discussion is the mechanism for resuming oil exports from the Kurdistan Region, which were halted following a 2023 ruling by the Paris-based International Court of Arbitration.

The same source told Kurdistan24 that while "Erbil and Baghdad have reached a mechanism for exporting Kurdistan’s oil," several outstanding points of disagreement remain. Nonetheless, expectations are high that a comprehensive agreement will be reached during Monday’s meetings.

Under Iraq’s general budget law, the KRG is required to deliver 400,000 barrels of oil per day to Iraq’s state marketing company, SOMO. However, the current negotiations appear to have adjusted these terms.

The Kurdistan24 source noted: "About 280,000 barrels are to be delivered to SOMO daily, and the remaining 120,000 barrels are to be allocated for internal consumption by both Iraq and the Kurdistan Region."

A major hurdle yet to be resolved is the significant debt owed to oil-producing companies operating in the Kurdistan Region. This debt—estimated to be close to $1 billion—has become a critical issue following the aforementioned court ruling.

"This debt became a sticking point after a 2023 ruling by the Paris International Court. It is hoped that today’s meeting will also resolve this issue, as the companies are unwilling to resume oil exports without first being repaid," the source said.

Meanwhile, optimism remains high that the progress achieved thus far will translate into immediate economic relief for civil servants in the Kurdistan Region.

Sabah Sobhi, a member of the Iraqi Parliament’s Oil and Gas Committee, confirmed to Kurdistan24: "Tomorrow, Tuesday, July 1, 2025, the Iraqi Council of Ministers is scheduled to convene. It is expected that a decision will be made during the meeting to release the salaries of Kurdistan Region employees, with payment for the month of May to be issued by the end of this week."

The potential breakthrough comes after months of tension and repeated negotiations over oil revenue sharing, salary payments, and administrative control, which have strained relations between Erbil and Baghdad. If finalized, the agreement could mark a significant step forward in stabilizing financial relations between the two governments and alleviating public discontent in the Kurdistan Region.  link

************

Tishwash:  Uptick in Iraq TIR operations injects fresh momentum into trade flows

Amid threats to transport and trade caused by geopolitical conflicts, IRU’s Secretary General put the spotlight on the continued, and expanding, success of the global TIR transit system at Türkiye’s Global Transport Connectivity Forum 2025.

Polish transport operator the Milton Group recently completed a roundtrip journey from Poland to the Gulf Cooperation Council (GCC) region, via Iraq’s newly operational TIR corridors, in 10 days, compared to 24 days for traditional maritime-based multimodal routes.

TIR operations are also starting from departure points such as Mersin, Türkiye, to the GCC via the Iraqi seaport of Umm Qasr. With TIR, this journey is being completed securely in less than a week, which can take up to 26 days if the ship needs to reroute around Africa.

These are just some examples of what is now possible with TIR via Iraq.

Speaking at the Global Transport Connectivity Forum in Istanbul, IRU Secretary General Umberto de Pretto said, “We have seen a remarkable uptick in TIR transport operations through Iraq, connecting Türkiye with GCC countries, and increasingly, with Iran and beyond.

“The implementation of TIR in Iraq is more than a technical milestone, it is a strategic one. It signals Iraq’s determination to be not just a beneficiary of regional trade, but a key facilitator of it."

At the heart of this ambition is Iraq’s Development Road Project: a transformative initiative that will link the port of Al-Faw in the south to Türkiye and Europe via the north of the country.

“Iraq’s Development Road Project is a statement of intent. A message that Iraq is ready to resume its historical role as a crossroads of civilization, commerce and connectivity. It’s a message that Iraq is now open for business,” said Umberto de Pretto. 

“However, the success of this corridor depends not just on highways and other ‘hard’ infrastructure. It also depends on the ‘software’ of international road transport infrastructure, such as harmonised trade systems, smart borders, and efficient customs regimes. This is where TIR brings tremendous value,” he added.

Beyond the Development Road Project, IRU continues to support the Middle East and Central Asia in building more efficient and resilient transit corridors. IRU is actively promoting the digitalisation of TIR, supporting cross-border training and capacity building, and engaging with governments to simplify transport rules and procedures.

“Despite our progress, we must confront the reality that border bottlenecks, long waiting times, and high transit costs continue to burden trade across the region when TIR traffic is not prioritised. To address these issues, IRU strongly promotes the establishment of TIR-EPD Green Lanes at border crossings,” said Umberto de Pretto.

TIR-EPD Green Lanes use IRU’s electronic pre-declaration tool, TIR-EPD, enabling transport operators to submit cargo information electronically to customs prior to arrival. They have already been successfully implemented in Kyrgyzstan, Moldova, Romania, Saudi Arabia, Turkmenistan, the UAE, and Uzbekistan. TIR-EPD Green Lanes accelerate border crossings by up to 92%, reduce the workload for border officials, and provide greater predictability and security in transport planning.

“The TIR system is not a silver bullet; but it is a powerful enabler. When combined with bold initiatives like the Development Road Project and regional leadership from countries like Türkiye, it can unlock the true potential of global connectivity,” concluded Umberto de Pretto. “Let us work together, not just to move goods, but to move forward.”  link

************

Mot:  Finally!!! - A Day Off!!!  

Mot:  Ya Ever Wonder!!!??? 

 

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“Zeus” Just Made The Most Predictable Crisis In History Even Worse

“Zeus” Just Made The Most Predictable Crisis In History Even Worse

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

It was September 29, 2021— nearly four years ago— that then House Speaker Nancy Pelosi held a press conference about their $3.5 trillion “Build Back Better” spending bonanza.

Despite the outrageously high price tag, Pelosi told reporters at the presser, “the dollar amount [of the Build Back Better bill], as the President said, is zero.”

“Zeus” Just Made The Most Predictable Crisis In History Even Worse

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

It was September 29, 2021— nearly four years ago— that then House Speaker Nancy Pelosi held a press conference about their $3.5 trillion “Build Back Better” spending bonanza.

Despite the outrageously high price tag, Pelosi told reporters at the presser, “the dollar amount [of the Build Back Better bill], as the President said, is zero.”

She then made a little circle with her right thumb and index finger to emphasize her point, pivoting to all the cameras from left to right as if to insist that there was no cost to her $3.5 trillion legislation.

Yet despite defying every arithmetical and logical postulate known to man, the Left went on to repeat this idiotic lie.

“My Build Back Better Agenda costs zero dollars,” tweeted Joe Biden. The bill “will cost zero dollars” said Press Secretary (now MSNBC host) Jen Psaki.

Those on the political Right justifiably lost their minds over such intellectual dishonesty. So it’s ironic that they’re now doing the same thing with their own multi-trillion dollar “One Big Beautiful Bill”.

The Congressional Budget Office’s analysis shows that the One Big Beautiful Bill will add $3 trillion to the national debt over the next decade—on top of the other ~ $22 trillion that they already expect to be added to the national debt between now and 2034.

Well, the Senate’s current rules state that any legislation which adds $3 trillion to the national debt must automatically be subject to more onerous voting requirements.

And these stricter voting requirement will make it almost impossible to advance the legislation through the Senate.

As a result, the Right has decided to do what the Left did in 2021—make up a new form of mathematics to pretend that the bill costs nothing.

Senate Budget Committee chairman Lindsey Graham is in charge of the faux-math: “I’m the king of the numbers,” he declared to reporters. “I’m Zeus, the budget king.”

Something tells me that ‘Zeus’ won’t be awarded the Fields Medal anytime soon for his mythological mathematics.

Now, don’t get me wrong— I like tax cuts. They’re almost always great for growth, which the US economy desperately needs. 

But tax cuts alone don’t get the job done unless there are commensurate spending cuts too. Otherwise the deficits will continue to grow, and America’s fiscal crisis will become ever closer.

We’re written about this a LOT: the United States is headed for a serious crisis— which we project will take place in 2033 at the latest.

Irresponsible, reckless spending is the primary reason why. The US already has a $36 trillion national debt (that is set to explode higher this summer). Even today, the interest bill on the US national debt costs $1+ trillion per year, more than 20% of tax revenue.

By 2033, the government itself projects that the national debt will be at least $55 trillion. At that point, based on their own forecasts, the Treasury Department could spend >40% of tax revenue just to pay interest on the debt.

Oh, and that same year— 2033— Social Security’s biggest trust fund will run out of money, causing an immediate and permanent cut to benefits.

The government will have one way out at that point: pressure the Federal Reserve to expand the monetary base, i.e. to “print” tens of trillions of dollars in order to fund government and prop up Social Security... resulting in a crippling level of inflation.

This is one of the most predictable yet preventable crises in human history. But Congress is not only doing nothing about it, they’re making it worse.

There is another way— one that is conceptually simple.

For starters, Congress could actually do its job and spend responsibly. It’s not like there isn’t a mountain of waste to cut.

They also need to pass much-needed reforms to both Social Security and immigration; the country would be better off if there were an efficient way for smart, talented, law-abiding, hard-working people to become legal residents.

The executive branch, meanwhile, would need to undo mountains of red tape and regulatory sludge that it dumped onto the economy over the past few decades.

I’ve written about this before— “Liberation Day” should have been the day that countless pages of useless, job-killing, productivity-killing regulations were eliminated. This can still happen.

Most importantly, the entire federal government needs to stop its make-believe accounting and show the world (plus American voters) that they are trusted, serious professionals.

It’s bad enough that the US has to sell $2 trillion worth of additional debt each year to fund its annual deficits.

But that’s not even close to the real requirement.

Over the next twelve months, roughly $9 trillion worth of existing US debt securities will mature; this was money that the government borrowed years ago... and will soon come due.

In theory the government has to pay that money back. Naturally they don’t have the funds to do so... so instead they’ll borrow new money to pay back the old loans... essentially refinancing $9 trillion worth of the national debt over the next twelve months.

So realistically they must sell ~$11 trillion in debt over the next twelve months: $9 trillion to refinance existing debt, plus another $2 trillion to cover this year’s budget deficit.

$11 trillion is an enormous amount of money... which means they’ll need every investor possible ready and willing to buy US government bonds.

And that’s a problem. Because right now, foreigners (which own a HUGE chunk of the debt) are aggressively backing away from US government bonds.

That’s a big part of why gold keeps going up—foreign governments and central banks are dumping their US government bonds and buying gold instead.

And who can blame them? It’s hard to take a guy seriously who refers to himself as Zeus and makes up his own arithmetic.

Would you lend money to someone who doesn’t know the difference between ‘free’ and a $2 trillion deficit?

If Washington wants to attract capital and stabilize the economy, they have to start acting like grown-ups. Demonstrate to the world that they can tackle hard problems, cut spending, and govern responsibly.

And right now, they aren’t doing any of that.

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


https://www.schiffsovereign.com/trends/zeus-just-made-the-most-predictable-crisis-in-history-even-worse-153067/?inf_contact_key=6bce3afe055f6630db347792ac647001e0f86069758a2429ff9291df2b7d96e2  

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More News, Rumors and Opinions Monday PM 6-30-2025

Gold Telegraph: BIS Warns of Pivotal Moment in the Global Economy

6-30-2025

Several life insurers in India are seeking approval to invest in gold exchange-traded funds (ETFs). Another trend appears to be unfolding.

The President of the United States is encouraging the leader of the Federal Reserve to resign. Well… The pressure is on.

According to the Bank of America, bearishness on the U.S. dollar hit a 20-year high among global fund managers in May.

Gold Telegraph: BIS Warns of Pivotal Moment in the Global Economy

6-30-2025

Several life insurers in India are seeking approval to invest in gold exchange-traded funds (ETFs). Another trend appears to be unfolding.

The President of the United States is encouraging the leader of the Federal Reserve to resign. Well… The pressure is on.

According to the Bank of America, bearishness on the U.S. dollar hit a 20-year high among global fund managers in May.

Note: The world’s second and third largest sovereign gold holders are now considering bringing their gold back home from the U.S.

The movie continues to play.

Global gold reserves from central banks just hit 36,000 tonnes. This is approaching levels not seen since the Bretton Woods era in the 1960s.

 Back then, gold anchored the world financial system. Do you think it’s a coincidence?

The Bank for International Settlements is warning that we have entered a pivotal moment in the global economy, marked by rising uncertainty and declining trust in institutions like central banks. This is the central bank for central banks.

 Trust is fading.

Central banks move markets. Mineral belts move empires. Many people still do not understand this fact. They will eventually.

Source(s):   https://x.com/GoldTelegraph_/status/1938665207582068880

https://dinarchronicles.com/2025/06/29/gold-telegraph-bis-warns-of-pivotal-moment-in-the-global-economy/

****************** 

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

Mnt Goat  Article:  “IRAQ IS DEVELOPING PLANS TO DEVELOP ITS TRADE POLICY LOCALLY AND GLOBALLY.”  Quote: "The Ministry of Trade announced plans on Saturday to develop infrastructure by digitizing services to accelerate trade and reduce costs. While indicating that the next phase requires political will and economic stability to prepare Iraq for an effective partnership in the global economy, the Ministry emphasized the need to strike a balance between protecting the national economy and global openness, as well as preparing for accession to the World Trade Organization."

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Television is reminding us Iraqi citizens that starting July 1st all government agencies will not accept any cash payments...The government will not be dealing in any form of cash.  We're going digital. FRANK:  July 1st is interning.  The CBI already does not allow you to use American dollars anymore.  Now they're not even going to allow you to use your 3-zero notes.  They want you to go digital...You can't use physical cash If that's true then that means the security and stability of your lower notes has been established...1310 electronically makes no sense to me...

************

From Recaps Archives

15 Things To Do If You Get Rich All of a Sudden

Alux:  2020

In this Alux.com video we'll try to answer the following questions:

 What should you do if you gen rich all of a sudden?

What do to if you inherit money?

How to manage a large sum of money?

What should you do if you get rich?

What do to if you win the loto?

How to manage wealth?

How to get wealthy?

 How to maintain being rich?

How to keep your wealth?

How not to lose money?

Why do people go broke after they went rich?

 How do people lose money?

What if you inherit a fortune?

I just inherited a million dollars, what do I do?

 How to you being investing money?

What you should know about money?

https://www.youtube.com/watch?v=TVJOyArnq3s&t=159s

 

 

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Monday Afternoon 6-30-25

Good Afternoon Dinar Recaps,

BRICS Aims To Topple US Dollar With a Currency That Doesn’t Exist

While headlines claim that a new BRICS currency is poised to dethrone the U.S. dollar, the reality tells a very different story: the currency doesn’t exist—at least not yet. What is being presented as a revolutionary step in de-dollarization is, for now, a political spectacle without substance.

Good Afternoon Dinar Recaps,

BRICS Aims To Topple US Dollar With a Currency That Doesn’t Exist

While headlines claim that a new BRICS currency is poised to dethrone the U.S. dollar, the reality tells a very different story: the currency doesn’t exist—at least not yet. What is being presented as a revolutionary step in de-dollarization is, for now, a political spectacle without substance.

A Currency Born From Hype—Not Policy

During the 16th BRICS summit in Kazan, Russian President Vladimir Putin unveiled what appeared to be a new BRICS banknote. The dramatic reveal sparked headlines and speculation about a fast-tracked effort to create a common currency for cross-border trade.

However, after inquiries from journalists, officials clarified that the bill was merely a mock-up, a publicity stunt with no real monetary backing. According to sources close to the event, the display was designed to “grab eyeballs,” rather than mark any true policy milestone.

In truth, no such BRICS currency exists—and no concrete development is underway.

India Confirms: Currency Talks Are Still in Infancy

Adding to the confusion, India’s BRICS Sherpa recently admitted that talks on a shared currency are still in “very early stages.” No drafts have been circulated. No frameworks have been agreed upon.

And more importantly, India has already signaled strong opposition to a shared banknote with China. Officials in New Delhi have expressed concerns that such an arrangement would serve Beijing’s interests disproportionately—undermining India’s own monetary autonomy and risking significant economic repercussions.

“India cannot support a currency that helps China undermine the U.S. dollar while harming its own economic base,” analysts noted.

Internal Friction Undermines BRICS Currency Ambition

Despite public declarations of unity, deep cracks within the BRICS bloc threaten the future of any shared currency:

▪️ India opposes China-led monetary dominance.
▪️ No operational design or reserve structure has been proposed.
▪️ National interests remain divided across economies that rely on USD-based trade.

Even if the BRICS currency materializes in the future, internal disunity could doom it from the start. Without alignment from key players like India, any such currency may lack credibility and liquidity in global markets.

Conclusion: BRICS Currency Remains a Phantom

The BRICS alliance may be vocal about challenging the U.S. dollar’s supremacy, but as of now, their most potent weapon—a shared currency—is purely fictional. The Kazan summit offered more theater than substance, and the much-hyped “BRICS banknote” remains a symbolic gesture rather than a real instrument of change.

For now, the BRICS currency is more myth than monetary threat.

@ Newshounds News™
Source: 
Watcher.Guru

~~~~~~~~~

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

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The Hidden Financial Reset: How Basel III Quietly Divided the World

The Hidden Financial Reset: How Basel III Quietly Divided the World

Miles Harris:  6-30-2025

It’s not de-dollarization. It’s not collapse. It’s a redesign — a regulatory one — that’s driving a hidden financial reset.

No tanks. No headlines. Just a quiet change in banking rules — and suddenly, the global financial system is reset into two.

Basel III flipped the script. In the West: gold sidelined, debt supercharged.

 In the East: a quiet buildup of gold and digital escape hatches. Two systems. One breaking point?

The Hidden Financial Reset: How Basel III Quietly Divided the World

Miles Harris:  6-30-2025

It’s not de-dollarization. It’s not collapse. It’s a redesign — a regulatory one — that’s driving a hidden financial reset.

No tanks. No headlines. Just a quiet change in banking rules — and suddenly, the global financial system is reset into two.

Basel III flipped the script. In the West: gold sidelined, debt supercharged.

 In the East: a quiet buildup of gold and digital escape hatches. Two systems. One breaking point?

Since the 2008 financial crisis, banking regulation has gone through a quiet revolution. It didn’t make headlines. It didn’t trigger protests. But it redrew the incentives that shape how central banks and commercial banks manage money — and it did so in a way that now reveals a growing divergence between East and West.

00:00 Intro

01:23 Basel II Vs. Basel III

04:23 The Strategic Impact

 04:58 Summary of the Regulatory Shift

 06:53 The Bigger Picture

07:53 Summary

https://www.youtube.com/watch?v=hsRgTu5UEFg

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Chats and Rumors, Economics DINARRECAPS8 Chats and Rumors, Economics DINARRECAPS8

News, Rumors and Opinions Monday 6-30-2025

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. 30 June 2025

Compiled Mon. 30 June 2025 12:01 am EST by Judy Byington

Judy Note: (Opinion/rumors) 

A huge step will be taken toward Freedom and Independence for the common citizen when Trump’s “Great Big Beautiful Bill” is finally passed by Congress. Such will complete demise of the Deepstate Globalist’s Federal Reserve and IRS – already ruined by the military’s reclamation of $17 trillion worth of gold from Asia and Europe.

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. 30 June 2025

Compiled Mon. 30 June 2025 12:01 am EST by Judy Byington

Judy Note: (Opinion/rumors) 

A huge step will be taken toward Freedom and Independence for the common citizen when Trump’s “Great Big Beautiful Bill” is finally passed by Congress. Such will complete demise of the Deepstate Globalist’s Federal Reserve and IRS – already ruined by the military’s reclamation of $17 trillion worth of gold from Asia and Europe.

This stolen gold was returned to safe depositories around the World, but mainly to the new US Treasury – where it made the new gold/asset-backed US Note become part of the World’s Quantum Financial System (QFS).

Establishment of the QFS began in earnest back in 2008 with the so-called Mortgage Crisis – which was in reality finalization of the Deepstate Cabal’s bankruptcy on the fiat US Dollar. The BRICS nations (Brazil, Russia, India, China and South Africa) got together and decided the fiat US Dollar wasn’t working as a basis for international trade. So, they evaluated the worth of 209 nation’s currencies according to the individual country’s natural resources and gold holdings.

Now with the fiat US Dollar officially dead and buried, along with the Federal Reserve and IRS’s demise, upon Congressional passage of Trump’s “Great Big Beautiful Bill,” the final piece of the puzzle would be in place for that GCR to take place.

Passage of the “Beautiful Bill” would effectively eliminate the fiat US Dollar and erase illegitimate debt and interest linked to fiat currency. The Bill also would allow a Quantum Access Card to be legally recognized for citizen access to the new Quantum Financial System. Most important, the Bill would eliminate US income tax, while switching America’s tax base to a tariff-based income from purchases on new items only – none on food or medicine.

~~~~~~~~~~~~~

Wed. 25 June A2Z Update: A2Z Dreamz Team has vetted and believes all updates in this summary to be true:

Forex Activity: Rate suppression appears to be lifted. New rates have been briefly visible on multiple platforms. The system has passed the point of no return.

Funding Underway
Mr. Salvage: Pentecostal group is (allegedly) actively dispersing funds.
MarkZ: Bond holders are (allegedly) being paid today.
Zester: Travel funds are (allegedly) being dispersed.
Military confirmation: (allegedly) Bondholders are fully liquid; whales and 4A SKRs are next.

Reno Movement: Increased private jet traffic reported

Trigger Groups: trigger groups have(allegedly)  been activated and are receiving funds

4A & 4B expected to roll out within minutes or hours of each other.
Large firms and banks confirm liquidity is in place.
Bankers say everything is complete — no further delays expected.
If not released now, a restart would be required, which markets won’t allow.

~~~~~~~~~~

New Quantum Financial System:

Sat. 28 June 2025: BREAKING INTEL: MILITARY GESARA EXECUTES THE GREAT RESET BLUEPRINT — 30+1 CLASSIFIED PROTOCOLS EXPOSED – amg-news.com – American Media Group

Sun. 29 June 2025: GCR INTEL DOSSIER | FINANCIAL SHOCKWAVE REPORT | “OPERATION SANDMAN HAS BEGUN: 100+ NATIONS MOVE TO OBLITERATE THE DOLLAR — GLOBAL RESET UNDERWAY” – amg-news.com – American Media Group

Fri. 27 June 2025: https://dinarrecaps.com/our-blog/emergency-massive-silver-delivery-failure-coming-in-72-hours 

Read full post here:  https://dinarchronicles.com/2025/06/30/restored-republic-via-a-gcr-update-as-of-june-30-2025/

************

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

Frank26   They are on high alert starting this Monday.... Could be Tuesday...Wednesday...I don't know...

Frank26    [Iraq boots-on-the-ground report]   FIREFLY:   They're saying right now on TV the deal they were working on [with Kurdistan] is imminent and it will settle all disputes on oil and salaries.  If that is true we have a new rate because that's the only reason why there was a dispute.  FRANK:  The only thing that can settle all of these disputes in your country is the removal of Iran's politicians which has been accomplished.  The only way to settle it now is by making money.

************

FRANK26….6-29-25….ALOHA….FLOWING

https://www.youtube.com/watch?v=4tX609SIIqk

SILVER ALERT! Riggers Brace for July Deliveries! Ready to LEASE Silver to Naked Shorts!

(Bix Weir)  6-28-2025

The COMEX con is never ending as Silver Leasing to COMEX naked shorts has been the best way for the Riggers to "Kick the Can" into the next month! If it works again then they lose even MORE PHYSICAL SILVER!

https://www.youtube.com/watch?v=UaNvyKiCVN4

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Monday Morning 6-30-25

Good Morning Dinar Recaps,

The End of Bank Branches: How Europe’s Digital Euro and Stablecoins Are Reshaping Finance

The financial world is undergoing a radical digital shift—and physical bank branches are quickly becoming obsolete.

Banking Faces a Digital Reckoning

The slow disappearance of local bank branches across Europe reflects a much deeper transformation. Digitalization, AI, and automation are now reshaping how we work, shop, and save—leaving traditional banking struggling to keep pace.

Good Morning Dinar Recaps,

The End of Bank Branches: How Europe’s Digital Euro and Stablecoins Are Reshaping Finance

The financial world is undergoing a radical digital shift—and physical bank branches are quickly becoming obsolete.

Banking Faces a Digital Reckoning

The slow disappearance of local bank branches across Europe reflects a much deeper transformation. Digitalization, AI, and automation are now reshaping how we work, shop, and save—leaving traditional banking struggling to keep pace.

▪️ In Germany, over 560 branches were closed in 2023 alone, a 2.8% drop.
▪️ This is part of a decades-long contraction: from nearly 60,000 branches in the 1990s to just 18,933 today.
▪️ High rents, shrinking populations, and the dominance of e-commerce have hit brick-and-mortar services hard.

The quiet death of Germany’s bank branches is just one symptom of this evolution—but it's a global story now playing out in real time.

Deutsche Bank: Leading the Downsizing

In March, Deutsche Bank announced a wave of layoffs and branch closures.

“We are witnessing a fundamental transformation in the German banking sector,” said CEO Christian Sewing.

▪️ The bank will cut 2,000 jobs and shutter a “significant number” of branches this year.
▪️ Client consultations are moving to video calls and digital platforms, trading human interaction for efficiency.

This paradigm shift threatens the personal trust built through face-to-face banking—once considered the bedrock of retail finance.

Crushed by Policy, Not Just Progress

Technological change is not the only culprit. The European Central Bank’s (ECB) ultra-loose monetary policy has had devastating effects:

▪️ More than a decade of negative interest rates crushed banks’ ability to earn profit through traditional lending.
▪️ Banks were squeezed by regulatory costspenalty interest, and flattened yield curves.
▪️ The ECB’s moves helped heavily indebted Eurozone countries like Spain, Italy, and France—but at the expense of private banks and savers.

The branch closures, layoffs, and pivot to digital aren’t just market-driven—they are also policy-driven.

Stablecoins and the Digital Euro: The Final Blow?

The next major disruption comes from stablecoins and the proposed digital euro—two innovations that could sideline banks entirely.

▪️ Stablecoins, pegged to fiat currencies, offer fast, low-cost global payments—no need for banks or wire transfers.
▪️ DeFi (Decentralized Finance) lets users transact via smart contracts, bypassing traditional credit and payment systems.
▪️ As adoption spreads, the need for checking accounts, branches, and bank-issued cards may vanish.

The digital euro, being developed by the ECB, may deliver the final push:

▪️ It’s programmableblockchain-based, and bypasses commercial banks entirely.
▪️ Retail customers could hold digital euros directly in digital wallets—making bank intermediaries irrelevant.
▪️ Bank branches, long seen as hubs of trust and cash access, could become completely redundant.

A New Financial Era

Europe's digital currency ambitions and the rise of decentralized technologies signal a permanent departure from legacy banking infrastructure. In this new landscape:

  • Banking becomes faster—but more impersonal.

  • Traditional financial institutions lose control.

  • Retail customers migrate to central bank-backed platforms.

The local branch, once a staple of every town square, may soon be no more than a memory.

@ Newshounds News™

Source: 
ZeroHedge

~~~~~~~~~

US Dollar Faces Historic Stress Test as BIS Issues Dire Warning on Global Fragility

The U.S. dollar, long considered the world’s most reliable safe haven, is facing a historic credibility crisis as global financial trust deteriorates. Amid rising policy turbulence in Washington, the Bank for International Settlements (BIS) has issued a stark warning on the fragility of the global economic order.

BIS: “New Era of Heightened Uncertainty”

At the BIS Annual General Meeting in Basel on June 29, General Manager Agustín Carstens declared that a once-promising recovery is now faltering.

“The global economy has entered a new era of heightened uncertainty,” Carstens warned, noting a reversal from earlier optimism driven by easing inflation and modest growth.

The catalyst: U.S. policy chaos. A sudden pivot toward broad-based tariffs and aggressive fiscal expansion has shocked global markets—undermining confidence and weakening the dollar’s standing.

Dollar Depreciates as Yields Rise—An Alarming Signal

“The US dollar depreciated even as government bond yields rose—an extraordinary, troubling combination,” Carstens stated.

▪️ Typically, rising yields strengthen the dollar.
▪️ This time, however, investors fled the currency, shaken by erratic policy shifts and unpredictable rhetoric from Washington.
▪️ Market volatility soared, and the dollar’s safe-haven image cracked.

Carstens added that discussions about penalizing foreign holders of U.S. securitieschallenges to central bank independence, and legal system uncertainty further deepened the crisis.

Structural Risks and Global Fragility

Carstens emphasized that the world’s financial system was already under stress:

  • Weak productivity growth

  • Unsustainable fiscal positions

  • The rise of unregulated non-bank financial institutions (NBFIs)

Now, tariff-driven trade fragmentation is making matters worse, fueling inflation and limiting economic flexibility.

“These measures often fail to achieve intended goals and instead deepen structural challenges,” Carstens warned.

He called for credible reforms aimed at:

▪️ Reducing trade barriers
▪️ Improving regulatory clarity
▪️ Investing in public infrastructure to support sustainable growth

A Call for Financial Reform in the Digital Age

Carstens also turned his focus to emerging technological threats and opportunities:

“Major innovations like the entry of big tech into finance, central bank digital currencies, and artificial intelligence are challenging and reshaping the financial system.”

He warned that unregulated innovation could magnify systemic risk, particularly if NBFIs continue to operate without proper oversight.

To meet this moment, Carstens proposed a new global financial architecture built on:

▪️ Tokenized central bank reserves
▪️ Government bonds integrated into digital ecosystems
▪️ Stronger oversight parity between banks and non-banks

The goal: restore trust, increase transparency, and future-proof global finance.

Conclusion: A Turning Point for the Dollar

As market dynamics shift and investor confidence wanes, the dollar’s status as a global safe haven is being seriously questioned for the first time in decades. The BIS’s warning is clear: without serious reform, the world may be heading into a prolonged era of economic instability and fragmentation.

The dollar isn’t just facing market pressure—it’s confronting a global reckoning of trust.

@ Newshounds News™
Source: 
Bitcoin.com

~~~~~~~~~

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

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“Tidbits From TNT” Monday Morning 6-30-2025

TNT:

Tishwash:  A significant decline in the volume of foreign loans, and Iraq is in the green side in international credit standards.

Iraq's external financial policy has improved its global credit rating, with external debt declining to approximately $10 billion. Despite the rise in domestic debt, economists assert that it poses no risk, thanks to the government's ability to set interest rates and schedule repayments.

The Iraqi government's foreign financial policy appears to be improving, as evidenced by a decline in foreign borrowing rates. This decline raises Iraq's global credit rating, which is based on the size of the debt and the country's ability to repay interest.

TNT:

Tishwash:  A significant decline in the volume of foreign loans, and Iraq is in the green side in international credit standards.

Iraq's external financial policy has improved its global credit rating, with external debt declining to approximately $10 billion. Despite the rise in domestic debt, economists assert that it poses no risk, thanks to the government's ability to set interest rates and schedule repayments.

The Iraqi government's foreign financial policy appears to be improving, as evidenced by a decline in foreign borrowing rates. This decline raises Iraq's global credit rating, which is based on the size of the debt and the country's ability to repay interest.

Economist Abdul Rahman Al-Mashhadani says, "The decline in external debt is a positive indicator, and it is not measured in this year, but rather over the past three years, when it fell to less than $30 billion, putting Iraq in the green."

Meanwhile, figures show an increase in the value of domestic debt, which the government has borrowed from financial institutions to finance projects and cover the financial deficit in the annual budgets. However, economic readings confirm that domestic loans do not pose a risk, given that the government determines the interest rate and carefully sets the repayment schedule. However, they remain within the framework of debt that must be repaid. Based on this, the Parliamentary Finance Committee emphasizes the need to deal with the available financial liquidity.

Finance Committee member Moein Al-Kadhimi said, "Based on what the government has at its disposal, it must act within its limits. This way, there is no budget deficit, there is ongoing funding for projects, and no new projects are initiated, while simultaneously funding the operating budget."

The size of foreign loans amounts to approximately $10 billion, which currently places Iraq at a (B-) rating, given that the size of foreign loans for 2023 exceeded $20 billion. This means that this decline is attributed to the government's good handling of foreign loan repayments, placing Iraq at a better credit rating than before.  link

************

Tishwash:  Kurdistan employees' salaries will be paid within the next two days.

An informed government source revealed, today, Sunday (June 29, 2025), that the federal government will pay May salaries to Kurdistan employees within the next two days.

The source told Baghdad Today, "The federal government will pay the salaries of the region's employees within the next two days, even before the oil agreement is finalized, for humanitarian purposes."

He added, "If an oil agreement is reached between Baghdad and Erbil, the audit and accounting department of the federal Ministry of Finance will review the lists sent by the regional Ministry of Finance, and within days, will release the June salaries."

He pointed out that "the federal government delegation pledged that the region's salaries would be paid monthly, along with those of employees in other Iraqi governorates, without a single day's delay, subject to the oil agreement and the delivery of 50% of domestic revenues, provided they are digitally deposited into the Ministry of Finance's bank account daily."  link

************

Tishwash:   Iraq's trade landscape: The private sector accounts for the largest share of imports.

The Central Bank of Iraq announced, on Saturday, statistics on the volume of Iraq's imports for the first quarter of 2025.

The bank stated in its statistics that "Iraq's imports amounted to $21 billion and 363 million," indicating that "imports included both the government and private sectors."

He added that "government sector imports amounted to $1.377 billion, while private sector imports amounted to $19.985 billion."

He pointed out that "government imports included consumer imports, capital imports, petroleum product imports, other government imports, and currency printing," while "private sector imports included consumer imports and capital imports."  link

************

Tishwash:  You Can Visit between 1 and 5 PM.... 

Mot:  and Another Way to Look at it!!  

 

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Ariel: The Return to the Gold Standard

Ariel: The Return to the Gold Standard

6-30-2025

The Return To The Gold Standard: The Evaluation Of A Failed System

The fiat USD’s dominance, cemented post-1971 after the Nixon Shock severed its gold backing, relied on the DS’s geopolitical engineering in the Middle East.

 Iran’s role as a controlled antagonist, coupled with Iraq’s subjugation following the 2003 invasion, ensured oil markets remained USD-denominated, generating trillions in seigniorage profits.

Ariel: The Return to the Gold Standard

6-30-2025

The Return To The Gold Standard: The Evaluation Of A Failed System

The fiat USD’s dominance, cemented post-1971 after the Nixon Shock severed its gold backing, relied on the DS’s geopolitical engineering in the Middle East.

 Iran’s role as a controlled antagonist, coupled with Iraq’s subjugation following the 2003 invasion, ensured oil markets remained USD-denominated, generating trillions in seigniorage profits.

 These funds, laundered through Iraq’s black market estimated at $10–15 billion annually have sustained DS black projects, including underground base funding and experimental weaponry, while enriching a network of complicit banks and elites.

A 2025 internal memo from a Baghdad financial regulator, leaked to a private investigator, reveals that the DS orchestrated Iraq’s currency devaluation and black market to maintain this flow, with 40% of IQD transactions bypassing official channels.

However, Iraq’s planned revaluation, slated for mid-2025, aims to stabilize the dinar at a rate closer to its pre-1990 value (around 1 USD = 1 IQD), dismantling the black market and severing the DS’s financial lifeline.

This shift, driven by pressure from Trump’s administration and regional allies, marks the beginning of the fiat system’s unraveling.

The Basel III Endgame, set to activate in July 2025, accelerates this collapse by imposing stringent capital and liquidity requirements on global banks.

Unlike previous phases, this final iteration codified after years of negotiation by the Basel Committee reclassifies physical gold and silver as Tier 1 assets with 0% risk weighting, while mandating an 85% Net Stable Funding Ratio (NSFR) for unallocated precious metals.

Insider reports from a London-based banking executive, codenamed “Silver Fox,” indicate that major institutions like JPMorgan and HSBC, long complicit in DS money laundering, face insolvency by Q3 2025 as they liquidate unallocated gold positions to meet NSFR demands.

This liquidity crunch will trigger a cascade of failures, with at least three top-tier banks collapsing by September 2025, mirroring the Silicon Valley Bank precedent. The Endgame’s alignment with ISO-20022, a new financial messaging standard enhancing transparency, will expose $500 billion in hidden DS transactions, forcing a reckoning with the Federal Reserve’s role in perpetuating the fiat illusion.

The Big Beautiful Bill, a legislative cornerstone of Trump’s agenda, streamlines this transition by deregulating AI and financial innovation while mandating compliance with Basel III, ISO-20022, COMEX 589 (a revised commodity exchange rule tightening gold delivery), and SOFR (Secured Overnight Financing Rate) as a replacement for LIBOR.

Enacted in early 2025, this bill empowers the Treasury to issue sovereign digital currency backed by gold reserves, integrating XRP and stablecoins for liquidity.

 Exclusive insights from a Treasury insider, codenamed “Coin Keeper,” reveal that a pilot program launched in June 2025 in Texas and Florida has already converted $30 billion in gold holdings into digital assets, with plans to scale nationally by July.

This system bypasses the Federal Reserve, which Trump intends to dismantle by year-end, replacing it with a gold-anchored Treasury board. COMEX 589, effective July 1, 2025, will mandate physical gold delivery for all futures contracts, exposing the 100:1 paper-to-physical ratio and crashing DS-manipulated gold prices, forcing a market reset.

Citizen liberation under this new paradigm will manifest across economic, social, and political dimensions. Economically, the end of fiat dependency will eliminate inflation, which has eroded 90% of the dollar’s purchasing power since 1971.

A 2025 economic model from a rogue economist, codenamed “Gold Hammer,” predicts a 50% increase in real wages by 2027 as gold backing stabilizes prices, freeing families from debt cycles fueled by DS-controlled central banking.

Socially, the collapse of DS black projects funded by Iraqi black market proceeds will halt covert population control experiments, including rumored electromagnetic frequency (EMF) programs in urban centers.

Unverified reports from a former N*A technician suggest these programs, costing $2 billion annually, will cease by 2026, restoring public health and autonomy.

 Politically, the revalued IQD and gold standard will empower nations to reject USD hegemony, with Iraq leading a coalition of 15 oil producers to denominate contracts in local currencies by 2028, breaking the DS’s Middle East grip.

Source(s):  https://www.patreon.com/posts/return-to-gold-132740357

https://dinarchronicles.com/2025/06/30/ariel-prolotario1-the-return-to-the-gold-standard/

 

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