Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-3-25

Good Morning Dinar Recaps,

Opening Remarks by Chair Jerome H. Powell
At the Division of International Finance 75th Anniversary Conference, Federal Reserve Board, Washington, D.C.

Chair Jerome Powell opened the 75th Anniversary Conference of the Division of International Finance (IF) by emphasizing the division's indispensable role in shaping U.S. monetary policy and global economic strategy over the past seven decades.

“In my time at the Fed, the IF division has provided invaluable insight into global economic activity, international trade and capital flows, and developments in foreign financial markets,” Powell noted. “Your research and analysis are critical inputs into our monetary policy decisions.”

A New Era for the Global Economy

The IF division was officially established on July 1, 1950, rooted in the post-WWII emergence of the U.S. as a global economic superpower. Powell highlighted a 1948 memo that called for its creation, which stated:

“Problems of international economics and finance have become increasingly large, complex, and significant in recent years…”

“That is the rare economic forecast that turned out to be spot on,” said Powell.

With the Bretton Woods Agreement placing the U.S. and the Fed at the center of the postwar financial system, the need for global economic expertise became clear.

The division has since evolved to monitor foreign policies, model global economic interactions, and help navigate volatile currency markets—especially after the fall of Bretton Woods in the 1970s.

Modeling the World Economy

One of the division's most important contributions has been its development of macroeconomic modeling tools. Under Ralph Bryant’s leadership, the IF division launched its first multicountry model, laying the groundwork for today’s sophisticated simulations.

“These models have proven useful for understanding how international shocks transmit through the economy and financial markets…” Powell explained. They provide core insights that inform research papers, FOMC briefings, and risk assessments used in monetary policy deliberations.

Prepared for Global Crisis

Powell recalled the IF division's instrumental role during numerous global crises—from the Latin American debt crisis of the 1980s to the Global Financial Crisis and the COVID-19 pandemic.

During the 2008 crisis, the division helped design swap line arrangements with major central banks to restore dollar liquidity. In 2020, the team spearheaded the FIMA Repo Facility, ensuring dollar availability during pandemic-induced turmoil.

The division has since developed new uncertainty indexes to measure geopolitical, inflation, trade, and economic risks, sharpening the Fed’s ability to anticipate and respond to global shocks.

Conclusion: A Legacy of Global Insight

In his closing remarks, Powell praised the IF division's enduring contributions:

“For 75 years, nine Fed chairs and countless Board members have greatly benefited from the guidance and counsel of IF staff—not just in times of crisis, but in our ongoing global engagements.”

He emphasized that the division’s deep expertise, research excellence, and global relationships continue to make it a cornerstone of the Federal Reserve’s ability to navigate the complexities of the international economy.

@ Newshounds News™
Source:  FederalReserve.gov

Live on Youtube:  Link

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BRICS: Morgan Stanley Bets the US Dollar To Decline

The DXY index, which tracks the performance of the US dollar, has failed to sustain levels above 100 for over two months. The greenback continues to slide back to the 98–99 range every time it reaches the 100 mark. In contrast, local currencies are gaining momentum, outperforming the USD.

With BRICS currencies surging and the global financial tide shifting, Morgan Stanley has issued a stark warning: the US dollar is poised for further decline.

Morgan Stanley Forecasts a 9% Drop in the Dollar

As BRICS intensifies efforts to de-dollarize, Morgan Stanley predicts that the US dollar could fall by another 9%, possibly dipping back to levels last seen during the COVID-19 crisis. The bank's analysts foresee the DXY index dropping to 91, a level not touched in five years, despite global markets largely recovering from pandemic disruptions.

In their latest strategy note, Morgan Stanley wrote that the 10-year Treasury yields could also fall to 4% by year-end, reinforcing the notion that investors are moving away from U.S. assets.

“The outlook for the US dollar is questionable as de-dollarization soars among BRICS nations,” the report stated.

Currency traders are increasingly exploring local currencies as alternatives to the USD, especially as the greenback’s performance continues to lag. On just one recent Monday trading session, the USD dropped 0.51 points, remaining in the red from the opening bell.

Dollar Under Pressure as Global Sentiment Shifts

So far this year, the US dollar is down nearly 9%, even hitting a 12% loss in April following Trump’s "Liberation Day" tariffs. At the time, Morgan Stanley cautioned that BRICS could capitalize on these developments to further the de-dollarization agenda.

It’s not just BRICS members gaining ground. The euro, Chinese yuan, Japanese yen, and Indian rupee are all rising to challenge the greenback’s dominance.

“We think rates and currency markets have embarked on sizeable trends that will be sustained — taking the US dollar much lower and yield curves much steeper — after two years of swing trading within wide ranges,” said Morgan Stanley.

Euro, BRICS Currencies Gain Ground

In June, the Swiss franc, euro, and India’s rupee emerged as the biggest winners against the US dollar. Morgan Stanley strategists anticipate these rival currencies will continue outperforming the USD amid growing global discontent over U.S. tariffs and trade wars.

They project the euro could hit 1.25 by next year, rising from its current 1.13 level. This shift would signify a substantial blow to the USD and a strategic win for the BRICS bloc, which aims to redistribute global power from the West to the East.

Conclusion: Urgency for the White House and Fed

The BRICS alliance is gaining traction as demand for local currencies climbs, while the US dollar continues to weaken. Morgan Stanley's forecast is a wake-up call:

“The White House must take immediate steps to stop the USD’s erosion or fall prey to the de-dollarization agenda.”

This is no longer a theoretical concern. If current trends hold, the next decade could look very different, with the USD no longer holding global supremacy. The Federal Reserve and U.S. policymakers must act quickly to address these shifting dynamics—or risk watching the dollar’s era of dominance fade. 

@ Newshounds News™
Source:  Watcher.Guru

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Thank you Dinar Recaps

'Rich Dad Poor Dad' Author Warns 'The Biggest Crash In History Is Coming'

'Rich Dad Poor Dad' Author Warns 'The Biggest Crash In History Is Coming'

Anand Sinha   Mon, June 2, 2025   TheStreet

Robert Kiyosaki, the author of the bestselling book "Rich Dad Poor Dad," has issued another stern warning about the market.

The personal finance writer recently took to X to voice his persistent concern about "the biggest crash in history" that he says is coming as predicted in his book, "Rich Dad’s Prophecy" (2013).

When the stock, bond, and real estate markets crash this summer, millions of people, "especially my generation of boomers," will be wiped out, he warned.

Robert Kiyosaki 

@theRealKiyosaki

Do not say I didn’t warn anyone. As predicted in my book Rich Dad’s Prophecy (2013) the biggest crash in history is coming. I am afraid that crash time is now and through this summer. Unfortunately, millions, especially my generation of boomers will be wiped out when the stock and bond markets crash. The good news is millions who are proactive may become extremely rich… and as you know….I want you to be one of those who become very rich.  To read more: LINK

However, Kiyosaki seemed to offer a way out to "proactive" individuals who can not only survive this crash but may even become "extremely rich."

Billions of traders will shift to gold and Bitcoin — the "digital gold," as Bitcoin proponents like to call it, Kiyosaki predicted. He placed his biggest bet on silver, though:

As per Kraken, Bitcoin was quoted at $104,446.51 at press time, 6.7% lower than its May 22 record high of $111,970.17. Gold was trading at $3,372.30 per oz. at press time, 4% lower than its Apr. 22 record high of $3,500.

Meanwhile, silver was exchanging hands at $34.58 at press time, 30% lower than its record high of $49.95 per oz. that it reached way back in January 1980.

It is this price dynamic of silver that Kiyosaki said he was going to exploit. Gold and Bitcoin are also on his cards.

The bestselling author asked his X followers:

What are you going to do tomorrow….grow richer or grow poorer? Please choose to get richer.

TO READ MORE:  https://www.yahoo.com/finance/news/rich-dad-poor-dad-author-223000952.html

“Tidbits From TNT” Tuesday Morning 6-3-2025

TNT:

Tishwash:  Central Bank: Liquidity is available, and our reserves exceed $100 billion

The Central Bank confirmed on Monday that liquidity is fully available, while indicating that reserves have exceeded $100 billion.

Mohammed Younis, Director General of the Bank's Investment Department, told the Iraqi News Agency (INA): "Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is no shortage in this regard." He pointed out that "the Central Bank's reserves have exceeded $100 billion, in addition to Iraq's large gold reserves, exceeding 163 tons."

Younis added that "the Central Bank is not an investment entity, but rather is concerned with managing Iraq's foreign exchange reserves," explaining that "the goal of these reserves is not to make profits, but rather to ensure reasonable returns."

He continued, "The reserves are managed according to well-thought-out policies based on high safety standards, and are invested in safe financial instruments that generate acceptable returns." He emphasized that "Iraq is on a good economic path."  link 

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Tishwash: Al-Sudani and the Islamic Union Parliamentary Committee stress the importance of approving the oil and gas law.

Iraqi Prime Minister Mohammed Shia al-Sudani received a delegation from the Kurdistan Islamic Union Party's parliamentary bloc on Tuesday. The meeting discussed vital issues related to the relationship between the federal government and the Kurdistan Region.

During the meeting, the two parties emphasized the "need to find radical solutions, within the framework of the constitution and the law, regarding the Kurdistan Regional Government's financial obligations, based on the provisions of the budget law and the Federal Court's decision."

The importance of passing the oil and gas law was also emphasized, according to a statement from the Prime Minister's Office, referring to one of the most contentious issues between Baghdad and Erbil in years.

Al-Sudani explained that the government "is keen to meet citizens' aspirations and monitor their affairs throughout Iraq, based on its legal and constitutional responsibilities and the priorities and needs of citizens."

During the meeting, "a number of national issues and topics were discussed, as well as the government's implementation of its service and economic program."

For their part, members of the Kurdistan Islamic Union parliamentary bloc pointed to "the importance of the strengthening of security and social stability, coupled with a comprehensive economic and urban renaissance," praising "the government's efforts in service-related issues and tangible reforms, and their positive impact on the lives of citizens across the country."

This comes as the Coordination Framework also affirmed the federal government's commitment to guaranteeing the rights of all citizens, noting at the same time that the enactment of the oil and gas law represents the core of the solution between Baghdad and Erbil.

The Iraqi constitution devotes two articles to the issue of oil and gas, Articles 111 and 112, without addressing how the country's oil policy will be formulated. This was left to the issuance of the Oil and Gas Law, which, after two decades and the current Iraqi government's pledge to issue it within six months, remains unclear when it will be issued. link

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Tishwash:  After the dollar stabilizes, the Sudanese Central Bank directs that price manipulators be held accountable (document)

Prime Minister Mohammed Shia al-Sudani issued an "important" directive today, Monday (June 2, 2025), to the departments responsible for combating economic crime to pursue and hold accountable those who manipulate prices, especially owners of food, medicine, bakeries and ovens.

According to a letter issued by the Prime Minister's Office, received by "Baghdad Today", al-Sudani's directive "comes after Iraqi markets witnessed a noticeable stability in the exchange rate of the US dollar against the Iraqi dinar, at a time when some weak-willed people still insist on selling goods at the previous prices, which witnessed a significant increase during the period of the decline in the value of the dinar against the dollar."

He stressed that "this manipulation directly harms the citizen and requires decisive government intervention to impose oversight and enforce the law."

text  of the document

May God's peace, mercy, and blessings be upon you.

M/Directive

In view of the stability of exchange rates (the dollar versus the Iraqi dinar), it was observed that some companies, merchants, and weak-willed individuals were exploiting prices or keeping them as they were without regard for market stability, especially food and medicine owners, bakeries, and ovens, due to their failure to adjust the selling prices of items that citizens need on a daily basis. There is no clear oversight role by the economic departments to follow up on these cases. After the Prime Minister - Commander-in-Chief of the Armed Forces was informed of the above content, His Excellency ordered the following:

The departments responsible for combating economic crime shall monitor and hold accountable those who manipulate prices and take the necessary legal measures against them.

Coordination with the Ministries of Trade, Agriculture, and Health to ensure the stability of the price ratio of items that affect the lives of citizens on a regular basis. link

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Mot: .... Did You Know!!!! 

Mot:  Yet another ole ""Mot"" tip on Raising the ""Wee Folks"" 

The MM&C Iraq Dinar Update-Global ASYCUDA system-Pricing Changes-Taxation-Purchasing Power-Energy-WB

The MM&C Iraq Dinar Update-Global ASYCUDA system-Pricing Changes-Taxation-Purchasing Power-Energy-WB

6-2-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=Rz0V5K0molY

Iraq Economic News And Points To Ponder Monday Afternoon 6-2-25

Central Bank: Liquidity Is Available And Our Reserves Have Exceeded $100 Billion

The Central Bank of Iraq confirmed on Monday that liquidity is fully available in both local and foreign currencies, revealing that foreign reserves have exceeded $100 billion, in addition to possessing a gold reserve exceeding 163 tons.

Muhammad Younis, Director General of the Bank's Investment Department, told the Iraqi News Agency (INA), "Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is no shortage in this regard," noting that "the Central Bank's reserves have exceeded $100 billion."

Younis explained that "Iraq also has a large gold reserve of more than 163 tons," indicating that "the Central Bank is not an investment entity, but rather is concerned with managing foreign exchange reserves according to well-thought-out policies and high security standards."

He pointed out that "the goal of these reserves is not to make profits, but rather to ensure reasonable returns through safe financial instruments," stressing that "Iraq is on a good economic path." https://www.radionawa.com/all-detail.aspx?jimare=41960

Al-Sudani Directs The Removal Of All Obstacles Hindering The Tax Reform Process

Monday, June 2, 2025 | Economic Number of reads: 327   Baghdad / NINA / - Prime Minister Mohammed Shia Al-Sudani issued a number of directives regarding tax reform during his visit to the General Tax Authority, today, Monday.

Al-Sudani directed, according to a statement by his media office, to remove all obstacles hindering the tax reform process. He also directed the Higher Committee for Tax Reform to prepare unified designs for model buildings for the Authority and its branches across Iraq, provided that the Ministry of Finance allocates the necessary lands.

The Prime Minister also directed to contact specialized international companies to submit bids related to the comprehensive tax system, while directing the Higher Commission for Coordination between Governorates to allocate technical employees, engineers and specialists in tax issues to work in the branches of tax units in the governorates.

He directed the Ministry of Communications to complete the network connection of the General Tax Authority and its branches in order to facilitate tax accounting, in addition to directing to resolve all problems related to employees in order to remove any obstacles to the work of the Authority.

The Prime Minister visited the General Tax Authority today, Monday, during which he toured the Authority's headquarters to review its work mechanisms. He met with the employees working there, the citizens who reviewed it, and the lawyers representing the companies.

Al-Sudani was briefed on a number of problems related to the tax sector and its workers, most notably the lack of infrastructure and the Ministry of Finance's weak follow-up of this Authority, starting with the failure to provide the amounts of notifications that could provide tax revenues, its delay in dealing with the issue of automation, and the lack of a main contracting party to conclude contracts with foreign companies specialized in this matter, as well as the problem of routine communication between the General Tax Authority and the Ministry of Finance, and other problems and obstacles facing the Authority that require the Ministry to pay the necessary attention to this vital institution.

He pointed out that there is a weakness in dealing with the reform packages developed by the Higher Committee for Tax Reform approved by the Prime Minister, and that they cannot be implemented due to some obstacles from within the Authority or by other official bodies. / End https://ninanews.com/Website/News/Details?key=1231375

Oil Prices Rise Despite Increased OPEC+ Supplies

Time: 2025/06/02  Read: 2,115 times  {Economic: Al Furat News} Oil prices rose by more than $1 per barrel in trading on Monday, after the OPEC+ group decided to increase production in July at the same pace it has adopted over the past two months, in line with market expectations.

Brent crude futures rose to $64.44 per barrel, after ending Friday's session down 0.9%.  US West Texas Intermediate crude also rose 2.8% to $62.54, after a slight decline of 0.3% in the previous session.

However, both crudes ended last week down more than 1%.

This price surge follows a decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies on Saturday to increase production by 411,000 barrels per day in July, marking the third consecutive monthly increase. The group, known as OPEC+, seeks to regain market share and enforce discipline on members who have exceeded their production quotas.

The group was expected to consider raising production at a higher rate, but the decision was in line with expectations.  LINK

Gold Prices Rise In Baghdad And Erbil Markets

Monday, June 2, 2025 | Economic Number of reads: 176   Baghdad/ NINA / The prices of "foreign and Iraqi" gold rose in the local markets on Monday, in Baghdad and Erbil.

The selling price of one mithqal of Gulf, Turkish and European gold, 21 carats, in the wholesale markets on Al-Naher Street this morning was 667 thousand dinars, and the purchase price was 663 thousand dinars.

The selling price of one mithqal of 21 carat Iraqi gold was 637 thousand dinars, and the purchase price was 633 thousand dinars.

In goldsmiths' shops, the selling price of one mithqal of 21 carat Gulf gold ranged between 670 thousand and 680 thousand dinars, while the selling price of one mithqal of Iraqi gold ranged between 640 thousand and 650 thousand dinars.

In Erbil, gold prices also witnessed a rise, as the sale of 24 karat gold reached 765 thousand dinars, 22 karat gold reached 700 thousand dinars, 21 karat gold reached 670 thousand dinars, and 18 karat gold reached 575 thousand dinars. / End   https://ninanews.com/Website/News/Details?key=1231347

The Dollar's Price Rose Against The Dinar In Local Markets

Monday, June 2, 2025, | Economic Number of readings: 124   Baghdad / NINA / The price of the dollar rose against the dinar, Monday afternoon, in the markets of Baghdad and Erbil, with the closing of the stock exchange.

The price of the dollar witnessed a rise in the Al-Kifah and Al-Harithiya stock exchanges, recording 141,700 dinars for every $100, while this morning

it recorded 141,300 dinars for every $100. The selling price rose in exchange shops in the local markets in Baghdad, recording 142,750 dinars for every $100, while the purchase price reached 140,750 dinars for every $100.

In Erbil, the dollar also recorded a rise, as the selling price reached 141,550 dinars for every $100, and the purchase price reached 141,450 dinars for every $100. /End https://ninanews.com/Website/News/Details?key=1231403

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Jamie Dimon Warns About America’s Coming Debt Crisis

Jamie Dimon Warns About America’s Coming Debt Crisis

Notes From the Field By James Hickman (Simon Black)  June 2, 2025

Jamie Dimon is one of America’s most prominent and successful CEOs; he built JP Morgan Chase into a $4 trillion juggernaut, so it’s fair to say that he understands global finance in a way that most people-- and most politicians-- do not.

 On Friday, Dimon sat down for a 30+ minute live interview at the Reagan National Economic Forum-- named after the 40th President who constantly preached cost-cuts and responsible spending.

 Dimon opened his remarks talking about Reagan, who sounded the alarm about the national debt back in the early 1980s when America’s debt to GDP ratio was just 35%. Today it’s 122%. And with each passing year the number becomes even worse.

 Dimon warned the audience that “tectonic plates are shifting,” referring to America’s status as the dominant superpower in the world-- which is rapidly slipping.

 “The amount of mismanagement is extraordinary,” he said. America has added $10 trillion to the national debt in just five years… and for what benefit? Is the country $10 trillion better off? Did any of that $10 trillion improve the lives of anyone who isn’t in Washington DC?

 But all of that debt is quickly reaching a point where it will become nearly impossible to service. Just covering the interest payments on the national debt now costs taxpayers more than $1 trillion per year. And if the current trend on rates and deficit spending hold, it will reach $2 trillion per year by 2028.

(He joked that the government spending is worse than the proverbial “drunken sailor,” because at least a drunken sailor spends his own money.)

 As a result of this insane level of debt and spending, Dimon warned, “you are going to see a crack in the bond market. It’s going to happen.”

 What he means is that US government bonds have long been considered the global “risk-free” asset… and whenever the Treasury Department would sell more bonds, investors would dutifully buy as much debt as the government was selling.

 But that’s no longer the case. “Bond vigilantes are back”, Dimon agreed, and investors are now shunning US government securities.

 This is going to cause a major problem for the United States; running such huge deficits year after year means the Treasury Department NEEDS lenders, it NEEDS investors to buy US government bonds.

 If investors pull back, the natural consequence will be MUCH higher Treasury yields and interest rates, resulting in a full-blown fiscal crisis in the United States… including major inflation.

 “The future- what I see-- is inflationary,” Dimon predicted. “I don’t know if the crisis will be in six months or six years, [but] I’m hoping that we change. . . the trajectory of the debt” before that crisis occurs.

 It was a pretty blunt warning to a room full of policymakers-- which included several officials from the Federal Reserve and the Trump administration.

 Dimon is absolutely right, of course. Peter and I have been talking about this same debt crisis for years, and it’s only become worse.

 For someone of Dimon’s gravitas to sound the alarm bells is a big deal-- and he echos Warren Buffett’s most recent annual letter which similarly admonishes the federal government to get its fiscal act together.

 Sadly, it doesn’t appear that the government is listening.

 On Sunday, Treasury Secretary Scott Bessent dismissed Dimon’s warnings and claimed, rather bizarrely, that “the deficit this year is going to be lower than the deficit last year, and in two years it will be lower again.”

 That statement is just patently false.

 In Fiscal Year 2024, the $1.8 trillion deficit constituted 6.4% of GDP. This year’s deficit hit $1.3 trillion just in the first SIX MONTHS! Let’s be kind and assume that the annual deficit this year will be ‘only’ $2.0 trillion, or 6.6% of GDP -- that would amount to a higher deficit on both a nominal and relative basis.

 Plus, the “One Big Beautiful Bill” will add quite a bit more to the deficit. Don’t get me wrong-- tax cuts are great. But spending cuts are even more critical right now… and this bill is extremely deficient in that department.

 Senator Rand Paul confirmed this later and said (of Bessent’s comments), “the math doesn’t really add up” and that the administration’s current spending plan is to have a total deficit of “five trillion over [the next] two years”.

 Any way you slice it; the deficit is increasing… not decreasing.

 Elon Musk lamented this as well, saying that he was “disappointed” by how the spending/tax bill increases the deficit.

 There do seem to be a handful of Senators willing to take a stand and demand bigger spending cuts. We’ll see how that pans out. But it’s clear that the majority of politicians don’t have a care in the world about the deficit.

 They almost have a sense of entitlement in assuming that investors from around the world will continue buying US government bonds no matter how precarious America’s fiscal situation becomes.

 Jamie Dimon closed his remarks talking companies in the private sector who had a similar sense of entitlement-- Kmart, Sears, Blackberry, Nokia, etc. all had tremendous “arrogance, greed, complacency, bureaucracy.”

 They all assumed their greatness and success would last forever. But that’s a horrible assumption. Greatness and success have to be earned every day, year after year.

 The US government has been doing the opposite for far too long; rather than earning success and greatness, they find unique ways to cripple themselves and make things worse.

 Dimon rightfully pointed out that the ship can still be turned around. And it can. But it certainly makes sense to have a Plan B in case they don’t. These risks are very real, and it’s sensible to take them seriously.

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

https://www.schiffsovereign.com/trends/jamie-dimon-warns-about-americas-coming-debt-crisis-152892/?inf_contact_key=10f9bd3e707d2d9c6e43487e62db53cbf2dd6ac02ffa012fb72df8aa66cf6bc6

FRANK26….6-2-25……LET’S TALK

KTFA

Monday Night Conference Call

FRANK26….6-2-25……LET’S TALK

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=taFW8Lhj6AI

Economist’s “News and Views” 6-2-2025

Gold's Ultimate Safe-Haven Status Becomes Obvious

Mike Maloney & Alan Hibbard:  6-2-2025

The gold price is currently $3373, the silver price is now $34.24 Are we witnessing the final—and most explosive—stage of the gold bull market?

In this powerful episode, Mike Maloney and Alan Hibbard expose the seismic shift happening in global finance. As the dollar, stocks, and bonds falter simultaneously—a rare phenomenon last seen in the 1970s—gold is surging to new heights.

 They dive into data, charts, and historical comparisons that show why gold is reclaiming its throne as the world’s ultimate safe-haven asset.

Discover:

Why investors worldwide are abandoning fiat currencies

How today’s economic chaos mirrors the 1970s gold explosion

 Four solid reasons to own gold NOW

How central bank demand is building a rising floor under gold prices

Plus, get Mike’s take on tariffs, trade wars, and why these policies might plunge us into stagflation or worse.

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

$100 Billion ‘Ghost Field’ Discovery Could Power America for 30,000 Years

It has the potential to drive down energy cost here in the United States and rebuild manufacturing,” says financial journalist and research economist Garrett Baldwin.

In an eye-opening interview with Daniela Cambone, Baldwin reveals a groundbreaking energy development powered by Enhanced Geothermal Systems (EGS), a technology with the power to transform the U.S. energy grid.

According to Baldwin, unlike solar and wind, EGS taps into the Earth's virtually unlimited heat, providing 24/7, clean, base-load power—and it’s already happening on U.S. public land.

 “I looked at this story out in Utah… I’d never seen anything like it before.”

https://www.youtube.com/watch?v=BA5LWeLqkBs

They Just Revealed Their Plan to Deal with the Debt Crisis

Heresy Financial:  6-2-2025

TIMECODES

00:00 The Promise of Fiscal Change (and the Disappointment)

 00:28 The Debt Is Growing—Here’s the Real Plan

01:35 The 4 Ways a Country Deals with Debt

01:46 Option 1: Inflation (And Its Dangers)

 02:48 Option 2: Austerity Explained

03:45 Can the U.S. Really Cut Back?

 05:19 Option 3: Default (Why It Won’t Happen)

06:43 Option 4: Growth (The Current Strategy)

07:41 Does Tax Cuts = Economic Growth?

 08:58 Growth Needs More Than Just Tax Cuts

09:42 Deregulation, Innovation & Government Interference

11:02 The Hidden Cost: Inflation Still Hits Hard

11:51 How to Prepare for What’s Coming (Black Swan CTA)

12:04 Final Thoughts

https://www.youtube.com/watch?v=ENhQtnz-BN0

Finally Hit It Rich? Here are the Top 5 Reasons To Never Share That With Anyone

Finally Hit It Rich? Here are the Top 5 Reasons To Never Share That With Anyone (even your closest friends)

Vishesh Raisinghani   Mon, June 2, 2025  Moneywise

If you’ve managed to accumulate some wealth, showing it off can often be tempting. After all, what’s the point of success if you can’t indulge in it?

However, a growing cohort of ultra-wealthy Americans are trying to conceal their wealth rather than flaunt it openly. Here are five reasons why stealth wealth or quiet luxury lifestyles are gaining traction and why you should consider concealing the true extent of your fortune.

Privacy and security

Being publicly wealthy could make you a prime target for thieves, fraudsters and criminal gangs. According to Silicone Valley Bank’s coverage of a study by Experian and the Department of Justice, identity theft is 43% more prevalent among the affluent.

Organized criminal gangs have targeted celebrities like Kim Kardashian and Paris Hilton, while high-profile athletes in major leagues such as the NFL and NBA are at risk of targeted home invasions, according to an the FBI report obtained by ABC News.

Business Insider even reported that Warren Buffett evaded a kidnapping in the 1980s.

With this in mind, downplaying your fortune could be the best way to safeguard your privacy and protect your family.

Broken relationships

Money has an undeniable impact on your personal relationships, especially if your loved ones are not on the same page as you when it comes to finances.

While it’s not a good idea to hide your financial standing from a legal spouse, new friendships and certain family members may be another story. Roughly 57% of Americans admit to feeling envious of someone else’s financial situation, according to a 2023 finance survey.

Put simply, hiding your income and wealth could be a great way to sustain your relationships.

Avoid lifestyle creep

One of the pitfalls of flaunting your wealth is that it’s difficult to stop. Once you’ve bought a fancy house or luxury vehicle, downgrading could be embarrassing which puts pressure on you to sustain that lifestyle.

TO READ MORE:  https://www.yahoo.com/finance/news/finally-hit-rich-top-5-120700558.html

6 Money Lessons From Rachel Cruze That People Hate the Most

6 Money Lessons From Rachel Cruze That People Hate the Most

Nicole Spector  Mon, June 2, 2025   GOBankingRates

“The truth hurts!” is the kind of puerile retort we’re used to hearing in elementary school scrimmages and on trashy daytime talk shows. Yet, sometimes, this is a pretty spot-on sentiment. Scientific research has found that hearing the truth really can be hurtful. But it’s also usually necessary for growth. And this applies to our financial lives as much as, if not more than, anything else.

In her more than 15 years of working in the personal finance space, Rachel Cruze has found that there are some money truths, or lessons, that especially rub people the wrong way. Here are the six things that Cruze teaches about money that folks hate to hear about the most.

Don’t Buy a New Car Until You’re a Millionaire

No financial expert wants you to go out and buy a new car if you can’t afford it, but Cruze runs extra conservative here. She disapproves of anybody buying a new car if they have a net worth under $1 million. Many people don’t like her take, but it’s worth hearing out. New cars depreciate rapidly the instant you drive them off the lot. And they just keep plummeting in value over time.

“If you have the margin to be able to take that financial hit and it’s not a big deal in your world overall, then that’s OK to do,” Cruze said.

Eliminate Credit Cards From Your Life

We all know that credit cards can hurt us if we’re not careful, but we may not recognize just how careful we need to be. And we may not realize that credit card companies are constantly coming up with ways to seduce us into spending more. Think travel points and cash-back rewards.

Cruze advises people to stay away from credit cards entirely — advice people tend to find is unrealistic or overly aggressive. But honestly, most people aren’t paying off their credit cards every month, even though they know they should be. Additionally, a no-credit-card life is a pretty peaceful one.

“When you choose a life without debt, not only mathematically are you not sending your income to banks instead of keeping your income and investing it for yourself, there’s also an emotional aspect:When you have autonomy over your money completely … there is a level of peace that comes with that,” Cruze said.

Combine Checking Accounts With Your Spouse

TO READ MORE:  https://finance.yahoo.com/news/6-money-lessons-rachel-cruze-180035778.html

Final Bull Leg Underway Before Market Collapses in Global Bust

Final Bull Leg Underway Before Market Collapses in Global Bust

Commodity Culture:   6-2-2025

David Hunter, renowned strategist and market forecaster, recently joined Jesse Day on Commodity Culture for a compelling discussion about the current state of the global economy and what lies ahead.

While many analysts are already bracing for a downturn, Hunter’s perspective offers a more nuanced, albeit ultimately dire, outlook: he believes we’re headed for one last, significant leg up in the broad market before experiencing a global bust of unparalleled magnitude.

In the interview, Hunter articulated his belief that the market still has room to run on the upside. He cited factors such as persistent liquidity in the system and lingering inflationary pressures as fuel for a final surge. However, he cautioned that this bullish phase is merely a prelude to something far more devastating.

Hunter attributes this impending collapse to a confluence of factors: unprecedented levels of global debt, reckless monetary policies, and a distorted financial system.

He believes that when the inevitable turning point arrives, the resulting deleveraging and economic contraction will shake the foundations of the global economy.

Given his bleak outlook, Hunter also discussed potential strategies for protecting wealth during the anticipated market crash. He emphasized the importance of diversifying assets and considering alternative investments that are less correlated with the broader market.

David Hunter’s forecast presents a sobering perspective on the future of the global economy. While acknowledging the potential for a final market rally, he underscores the urgent need for investors to prepare for an unprecedented economic collapse. By understanding the potential risks and strategically repositioning assets, investors can navigate the coming storm and potentially protect their wealth during one of the most challenging economic periods in history.

The key takeaway? Prepare now, because the window of opportunity may be closing.

https://youtu.be/3hPqJ6D8R4w

Monday Coffee with MarkZ. 06/02/2025

Monday Coffee with MarkZ. 06/02/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Monday Morning…..Welcome to June

Member: Mark I hope you’ve got some good news today, we surely need it

Member: Rumor is we RV around the 4th of July.

MZ: I have not heard anything specific to July 4th…but, I am starting to hear some good stuff from the Historic bond side….about late this week through the upcoming weekend.

MZ: This comes from a couple bond folks I have not heard from in a while.  This is a different group then the contacts that had gone quiet. They feel very upbeat for June.  They are hearing they are to go before the first and second week of June.

 MZ: It’s kinda surprising I heard from the bond holders this morning…usually we don’t hear anything from them on Mondays. I hope to get more updates later today.

Member: So is there a chance the RV happens in June?

MZ: There is a great chance.

Member: Mark, do you believe currencies will go shortly after the bonds?

MZ: I think they will go between the initial bond payments and bonds being fully paid. After the initial payment we should get a revaluation….then a reset……then bond folks get paid their balances while we are going to the banks. If I understand the process properly.

Member: I wonder- What percent of bonds are paid out so far?

Member: It does not look fun to be a bond holder. Do they eer complain about being strung along.

MZ: Yes …absolutely they complain…all the time…..but their rewards will make their waiting worth it. Hopefully they get it done this summer- preferably in June.

Member: Hey Mark, maybe this whole thing happens on Juneteenth (June 14th) since that holiday was the end of slavery and that would be a good time to end our debt slavery??

Member: June 14 is Flag Day & DJT Birthday & 250th Birthday of Navy during the 250th USA Celebration that started May 26 ... wave the Victory Flag at the Finish Line? ..

Member: Basel III deadline is July1 hope that means something. LOL

Member: I don't look for it to happen till the announcement the change from Fiat to Asset Backed currency.

Member: Judy Shelton says Trump will offer 50 year gold back treasuries July 4, 2026

MZ: Great reminder-Judy Shelton is Trumps “Gold bug” so we should have a new gold/asset backed currency by then.

Member: Trump met with Powell over the weekend, and then the rumor came out –Powell is resigning

Member: Why do you think it's taking so long? Overall, for everything arrests, the rv, their big reveals?

Member: Could they be dragging this on hoping we would become desperate and take a lower rate?

Member: At what point do we start blaming the White Hats for the length of this because this has been done for a long time and we are just Watching A Movie! Please don’t let there be a sequel!

MZ: Yes…this movie sucks.

Member: Yes- This movie Sucks! Time to replace the script writers!

Member: Had a Quick chat with a guy from Zimbabwe yesterday, asked him if he was ready for the currency change, and got a BIGLY smile and a yes, in return

Member: I was reading that Iraqi people have hit the streets protesting financial issues.

Member: Rumor is July 14, Iraq is going digital

Member: What’s Iraq goes digital with their deposits that should settle the HCL which will pave the way for the reset

MZ: “Parliamentary Finance: The region’s salaries were disbursed as an advance until revenues are delivered”

MZ: “Government Consultant:  Iraq will enter the era of electronic collection fully in the middle of this year. “  It is June so just about the middle of the year. This will alleviate a lot of problems with the Kurdistan region.

Member: Mogadishu Refinery Find Triggers Iraq’s Hunt For $100B In Lost Global Assets

Member: Won’t it be amazing when we are on the other side of this doing good work changing the world…

Member: But if you look on the Bright Side of this , it's Never been this close !! I'm happy with where we are !!

Member: Have a wonderful & blessed day everyone

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=lciSgCCPQWs

News, Rumors and Opinions Monday 6-2-2025

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. 2 June 2025

Compiled Mon. 2 June 2025 12:01 am EST by Judy Byington

Sun. 1 June 2025: THE FINAL STRESS TESTS ARE COMPLETE — QFS GOES GLOBAL NEXT …Ben Fulford on Telegram

Over the last 72 hours, I’ve received confirmation from 3 separate banking insiders: all systems tied to the new sovereign QFS network passed their final validation protocols.

• Biometric access nodes were stress-tested at 10,000+ concurrent logins
• Real-time cross-border test transfers completed in under 1.8 seconds
• Regional nodes across 12 countries returned 100% success rates under military oversight

This isn’t theoretical anymore. It’s done. The tech works. The funding is mapped. The codes are locked.

The reason they’ve delayed the public rollout until July 4? Coordination. Security. Timing. You don’t turn on the new financial system mid-chaos — you wait until every actor is boxed in, every backdoor closed.

The military is now watching every central bank channel. They’ve seized key data centers in Switzerland and Singapore.

This is a controlled ignition — and it’s going to change the planet.

Get ready.

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Sun. 1 June 2025 Forest Gorillas on X: https://x.com/forestgorillas/status/1929207284632031366?s=46&t=lgh4YJTE-Tf8EbYrH8a69g

The substantial transactional volume confirms the revaluation process moved beyond technical staging on May 30 into active economic execution.

The $4.8101 international rate on the Iraqi Dinar is both supported and enforced by real liquidity flows and market positioning, making it the de facto exchange value pending public retail FX-VU.

Retail market exposure on FOREX platforms is the remaining step to complete public validation, forecasted for Monday, June 2, 2025, at market open.

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Sun. 1 June 2025 Wolverine:

The Pentecostal Group started the process on Fri. 30 May as promised. They are scheduled to be paid on Wed. 4 June 2025.

On Sat. 31 May trigger groups were expected to come out, but evidently it has been moved till the 4th of June. A lot of people are now saying the 4th of June to the 9th June that funds are going to get released.

I have also spoken to an owner of a platform and he told me that he can’t say anything at the moment and he told me to have faith in him as everything is looking excellent and that any day those funds will be released on that platform.

TNT is saying the likely scenario is tonight FOREX is supposed to load the rate again tonight and we could go to the bank tomorrow. Worst case is FOREX loads Sunday upon FOREX reopening and we’re in the bank on Monday. They sound very confident and I pray that they are right.

Now there are people criticizing gurus that we are doing an injustice to people by creating hopium which is completely false. Everyone is trying to do something to help us go through and we are not in the business in creating false information just to make you feel good which at the end all it does is hurt people .Please respect everyone that is trying to help.

I’m praying a lot and having faith that any day we will be shouting “FREEDOM “ God bless you all. Your friend and servant. Wolverine

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Sun. 1 June 2025: BREAKING – THE GOLD IS GONE. TRUMP KNEW. THEY SILENCED HIM. …Nesara Gesara 2.0

In early 2025, Trump announced a full audit of Fort Knox. Then he vanished. Musk backed him. He vanished too. No audit. No press. No gold. The most secure vault on Earth — and not one shred of proof the gold exists.

Fort Knox hasn’t had a public audit since 1974. Not a single full inventory. No third-party review. Just blind national faith.

In February 2025, Trump swore to reveal the truth. Days later: total blackout. Musk, who called for live streamed cameras, went silent. Coordinated censorship. What did they see?

147 million ounces of gold? Only on paper. No proof. No footage. No evidence. Just digits. Meanwhile, Senator Mike Lee, cleared for nuclear sites, was denied entry into Fort Knox. Let that sink in.

Rand Paul demanded an independent audit. They laughed. They mocked. But they didn’t say, “Here’s the gold.” Because they couldn’t.

In 1933, FDR seized private gold. Promised safety. Shipped it to Fort Knox. Never seen again.

Then in 1971, Nixon severed the dollar from gold, turning Fort Knox from treasure vault to propoganda prop. Since then? Just symbols. Not substance.

Insiders whisper: bars filled with tungsten. Looks real. Worthless inside. No bar has ever been drilled. No true test. If even one bar is fake, the dollar is a lie.

Trump said, “If the gold isn’t there, we’ll be very upset.” Then silence. Not casual silence — classified silence. Same with Musk. Proposed a broadcast. Then disappeared. No tweet. No post. Nothing. This wasn’t retreat. This was suppression.

In 2012, Germany requested its gold back from the U.S. It took 7 years. Discrepancies reported. If we couldn’t return their gold, do we even have ours?

Every annual “audit” is run by insiders. No press. No public. No footage. No witnesses. That’s not an audit — that’s a cover-up.

This isn’t about gold. This is about control. This is about a financial illusion propped up by secrecy, deception, and steel doors. Fort Knox is not a vault. It’s a prison for the truth.

Trump tried to finish the mission. Now it’s OUR TURN. DEMAND THE AUDIT. DEMAND THE TRUTH. Because if the vault is empty — so is America’s future.

Read full post here:  https://dinarchronicles.com/2025/06/02/restored-republic-via-a-gcr-update-as-of-june-2-2025/

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

Mnt Goat   We know about what the TRUE rate of the dinar should currently be based on its assets. The IMF is going to a strict asset-based evaluation of currency values. This is a Basel requirement. So, what has been preventing this revaluation to the TRUE rate of the dinar?  ...it was mostly the AML [Anti-Money Laundering] issue...i.e. banking reforms... efforts were put on warp speed to complete the AML reforms as acceleration began in early January 2023...   [Post 1 of 2....stay tuned]

Mnt Goat  ...we now get a sense of a real change...a sound transition away from those sanctioned days of Iraq since 1990’s. It is a new Iraq and it is here now...So, it puzzles me as to why the currency also does not NOW reflect this change. But I assure you it will, and it won’t be long until it does...The AML efforts is sprouting great benefits to Iraq and allowing them to move ahead quickly now.  [Post 2 of 2]

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FRANK26….ALOHA….6-1-25…INTEL?

6-1-2025

https://www.youtube.com/watch?v=rFmn8Os6nis