"Silver Suggests Upside Breakout For GOLD" –

"Silver Suggests Upside Breakout For GOLD" –

Mike Maloney:  6-12-2025

Silver May Be Signaling a Major Move in Gold — Are You Paying Attention?

 In this explosive new update from Mike Maloney, you’ll discover why silver's recent strength could be a leading indicator for an imminent breakout in gold prices.

 Mike revisits historic silver price spikes and analyzes what made them possible—comparing the retail frenzy of 2011 to today’s industrial scarcity and institutional awakening.

You'll also learn about: The gold-silver ratio and how it could multiply your gold holdings

Central banks ditching fiat for gold — not crypto

The staggering math behind a hypothetical gold-backed U.S. debt

 Why hoarding cash may be the wrong move in this economic climate

 Are we on the cusp of another financial turning point?

Dive into this timely analysis and arm yourself with the knowledge to act.

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

Iraq Economic News And Points To Ponder Thursday Afternoon 6-12-25

The Resilience Of Fiscal Adjustment Over The Flexibility Of Monetary Adjustment. Mechanisms For Repaying Domestic Public Debt.

‎ On the flexibility of monetary adjustment Mechanisms for repaying domestic public debt Resilience of financial adjustment
 
 Soft Monetary Hegemony:  
 
Over the past few years, the Iraqi economy has witnessed extensive overlap between fiscal and monetary policy, with the Central Bank assuming direct financial roles—from financing the deficit to stabilizing the market—which has led to ambiguity in roles and weakened some aspects of the effectiveness of monetary policy tools at different points in time.

In rentier economies, where natural resources—primarily oil—dominate the structure of public revenues, the problem of the imbalance between the resilience of fiscal adjustment in maximizing non-oil revenues and the flexibility of monetary adjustment emerges, such as the ability to finance inflation or practice a cheap money policy in indirectly financing public budget operations (inflationary finance) by generating cash at the lowest cost, particularly through bond discounting mechanisms and government transfers.
 
Fiscal policy is often constrained by the requirements of inflated public spending, weak revenue diversification, and high social and political obligations.
 
This makes them less adaptable to cyclical shocks or sudden shifts in oil prices and the intensification of oil asset cycles.
 
Alternatively, monetary policy—represented by the central bank—is left alone to confront the repercussions of these shocks, and is required to respond quickly through exchange rate instruments, liquidity injections, or currency market intervention, despite the limited room for maneuver available to it.
 
This is one of the most severe examples of overlap, interaction, or conflict between fiscal and monetary policies simultaneously.
 
The Iraqi economy is currently witnessing a qualitative shift in the balance of power between fiscal and monetary policies.
 
This may represent a potential gradual shift (from strong fiscal dominance to soft monetary dominance), meaning that monetary dominance is neither absolute nor severe, but rather occurs in a flexible and gradual manner, with a degree of coordination with fiscal policy.
 
However, monetary policy does not completely lose its independence, given the legal or broad independence of monetary policy covered by Law No. 56 of 2004.
 
After years of financial dominance, which relied heavily on government spending financed by oil revenues, a new phase began to take shape, with the central bank's role as a key player in controlling macroeconomic balances, particularly through monetary policy tools.  

The central bank maintained its independence with degrees of control over inflation and exchange rate management, interspersed with flexible and thoughtful coordination with the fiscal authorities to ensure market stability, ward off the specter of recession, and meet the necessary financing needs of public finances without threatening monetary control.
 
This shift is evident in the disciplined independence of the Central Bank in formulating its policies, its regulation of financing the fiscal deficit through monetary expansion, and the adoption of sometimes stricter and sometimes more flexible measures to control public liquidity and inflation, even if this conflicts with the expansionary objectives of public finance.
 
2   This shift in soft monetary dominance reflects a trend toward enhancing monetary stability. However, it also poses significant challenges for decision-makers in reconciling the imperatives of monetary discipline with the requirements of economic stimulus and sustainable development, in an economy that remains rentier and largely dependent on public spending for its overall activity.
 
(Hard Fiscal Dominance) B- On the other hand, this problem has clearly emerged between public finances, in which they attempt to close aspects of their financing levers to reduce the effectiveness of the central bank’s independent decisions, and (Hard Monetary Dominance).
 
It is highly complex and manifests itself in broad and strict independence, after monetary policy demonstrated levels of tolerance for the emergence of "soft monetary hegemony." Monetary policy is fully independent while simultaneously taking into account the circumstances of fiscal policy during severe economic crises, particularly cycles of declining oil assets and rentier economic obligations.
 
Despite the Central Bank's attempts to implement more flexible and independent monetary policies that fluctuate between two directions, the structural rigidity of public finances, whether in the form of fixed current spending or recurring deficits, has remained an obstacle to building a balanced and stable economic model.
 
This imbalanced dynamic has often burdened monetary policy beyond its natural function, leading to monetary imbalances, such as inflationary expectations, exchange rate fluctuations, and unstable growth in public liquidity.
 
C- Addressing this structural imbalance necessitated reassessing the relationship between fiscal and monetary adjustment, ensuring harmonious flexibility between monetary and fiscal policies. This would achieve a balance capable of absorbing shocks and supporting sustainable development in a highly volatile economic environment exposed to pressures from oil asset cycles.
 
Thus, the expected effects will continue to reduce inflationary pressures, protect the country's foreign currency reserves, and enhance the credibility of the Central Bank domestically and internationally, in addition to paving the way for the issuance of stable domestic debt instruments and sustainable development.
 
The problem of financing public expenditures with oil resources between monetary and financial adjustment:
 
The relationship between financing public expenditures and oil revenues is one of the most prominent structural problems facing the Iraqi economy. Under the dominance of oil revenues, the state has relied for decades on a single source to finance its budgets, leaving it vulnerable to sharp fluctuations in global energy markets. This reality has posed dual challenges in terms of fiscal and monetary adjustment
 
At the fiscal adjustment level, fiscal policies failed to build a sustainable, diversified non-oil revenue base or restructure public spending in line with long-term development goals. Public spending was often expansionary during periods of oil abundance and contractionary and harsh during periods of oil recession, without flexible mechanisms to adjust the economic cycle or absorb shocks.
 
3    Regarding monetary adjustment, the Central Bank found itself in a defensive position, sometimes forced to use monetary tools that were not geared toward achieving macro-stability as much as they were to respond to financing pressures resulting from the fiscal deficit, whether by stabilizing the exchange rate or injecting liquidity to cover government obligations. This often led to monetary inflation and imbalances in the currency market.
 
Continued reliance on oil resources to finance expenditures without structural reforms at the fiscal and monetary levels will deepen the fragility of the economy and prevent the development of an integrated fiscal and monetary adjustment system capable of absorbing shocks and achieving stability and growth in the long term.
 
Based on the above, there are two basic mechanisms that monetary and fiscal policies have become accustomed to exchanging roles between them.
 
Monetary Adjustment - Reducing the external value of money (First mechanism:   
 
Any devaluation of the exchange rate, as it often leads to providing leverage for public finances with low purchasing power for government expenditures, and (helps sustain nominal operating expenditures such as salaries, wages, pensions, and social welfare), but (does not help sustain external payments such as debt service, imports, and government external payments) as long as there is a stagnation in expanding the non-oil revenue base (it is simply buying a cheaper dinar financed by the same oil revenues exchanged from the central bank), which means that the fiscal adjustment will become derived from the monetary adjustment, nothing more!!
 
The second mechanism: in the event of enhancing the external value of money
 
The second mechanism: In the event of a monetary adjustment to counter inflationary pressures and expectations, meaning there is a nominal adjustment, public finances will increase the purchasing power of their public expenditures in exchange for a decrease in budget revenues in the nominal dinar.
 
This will be achieved by using fiscal mandates again to maximize non-oil resources.
 
Public finances will be forced to borrow from the government banking market, particularly the largest financial market in our country.
 
Given the phenomenon of external liquidity leakage according to the country's overall monetary equation, this mechanism will force monetary policy to accept the discounting of government bonds and expand the monetary base through open market operations, as long as foreign currency has been obtained through highly flexible monetary adjustment.
 
This is achieved by the budget bearing a financial deficit financed through the ability of monetary policy levers to provide sufficient liquidity to the government in an ongoing process.

This process now absorbs approximately 50% of the domestic public debt, which is an additional monetary issuance due to financial dominance.
 
4   Domestic public debt repayment and joint policy adjustment: A view of the interaction of the external monetary equation and its equivalents:
 
A- Monetary policy has been able in recent years, through its high foreign reserve capacity, to convert domestic quasi-external money into effective external money for the benefit of public finances.
 
This has been achieved as long as it has the ability to cover the national currency issued by discounting domestic debt instruments held by commercial banks and through open market operations.
 
This coverage rate exceeds 75% for these discounted debt instrument issues covered by foreign exchange reserves, without prejudice to Article 26 of the Central Bank of Iraq Law No. 56 of 2004, which prohibits lending to the government but allows the sale and purchase of foreign currency through open market operations.
 
This means the regeneration of foreign currency, known as MOM, amidst positive factors provided by optimism in the current account of the balance of payments and its impact on the provision of a government borrowing lever from the banking system, which the public finances considered a convenient lever to finance the deficit for the purpose of expanding public spending.
 
Most of this borrowing came from the purchase of treasury transfers to the government banking system.
 
B- On the other hand, the foreign currency issued and operating outside the banking system in our economy is primarily idle cash balances operating outside the banking system.
 
However, it has not constituted a source of disruption to monetary policy or macroeconomic stability, despite the fact that 90% of the monetary issuance is mostly outside the banking system.
 
5    Noting that idle cash balances outside banks (which are cash held by individuals or institutions and not deposited in the banking system) include liquid cash, money held by economic units in homes, offices, or any other place away from banks.
 
The reasons for keeping cash outside banks, as is well known in our economy, stem from inherited characteristics, including limited trust in the banking system. Some prefer to keep their money in cash due to fears of financial crises at opaque institutions, which are little known.
 
This is in addition to the lack of appropriate banking services, especially in rural areas or those lacking banking infrastructure, or the lack of easy access to the funds held in the grey market or their immediate use when needed.
 
The grey market still accounts for approximately 70% of total market transactions.
 
It is no secret that, in light of the dominance of the grey market, the informal economy has become, in the case of using cash outside banks, merely a tool for avoiding taxes or recording transactions.
 
Despite this, inherited cultural and social reasons favor keeping cash as a traditional method for storing wealth, even today, within the components of the overall monetary economy.
 
These inherited cultural complexes will be transformed by electronic payment methods into inert money, but this time within the banking system, unless they are invested.
 
C- Based on the above, it can be said that semi-external money, which is created by the domestic public debt and amounts to more than 85 trillion dinars (which is one of the factors of monetary issuance and a component of basic money), does not generate any inflationary pressures as long as it is covered by foreign currency, which automatically transforms it into completely external money, rather than being semi-external money. This automatic transformation from semi-external money to external money is governed by two factors:
 
First: Automatic High Coverage of Semi-External Money
 
Second: The rational official exchange rate, which allowed domestic borrowing to reach more than 85 trillion dinars without causing disruptions in the growing liquidity sourced from indirect monetary issuance financing, through the trading and discounting of sovereign bonds and treasury transfers, as mentioned above, at the Central Bank of Iraq.
 
- Hedging against the link between public debt and the money supply issued through domestic borrowing will remain a controversial issue within economic policy circles, both financial and monetary, regarding maintaining economic stability.
 
This is because the availability of cash balances outside or within the banking system will remain uninvested or unused for a long period of time.
 
This money is often stored in homes, in current bank accounts, or in funds without generating any returns or interest. This is not ideal from an economic perspective, as it leads to the loss of investment opportunities.
 
Therefore, these balances can be invested in projects that generate profits or benefit the national economy.
 
This money is also affected by inflation. The purchasing power of this money may decline over time due to long-term inflation rates, as well as weak economic efficiency, which means that there are uninvested funds that are difficult to utilize as financial resources.
 
However, the question remains: Is there a break-even point for measuring the relationship between the accumulation of domestic public debt held by the monetary authority and foreign reserves in a rentier economy? This is what we will discuss below.
 
6    Joint Monetary Adjustment Operations between Monetary and Fiscal Policies...!/Mechanisms and scenarios for extinguishing domestic public debt:
 
What the national economy and economic policy can bear is monitoring the current account of the balance of payments to the gross domestic product.
 
This requires fiscal policy to work to extinguish domestic debt whenever there is a positive improvement in that ratio.
 
This is an automatic process that should be carried out from outside the framework of the Joint Monetary Adjustment Operations (JMAOs), i.e., adjustments between monetary and fiscal policies in the interest of containing domestic public debt within the financial and monetary systems.
 
As we mentioned, the Central Bank still holds more than 50% of that domestic government debt, which has become the country's monetary basis.
 
In contrast, the traditional default on the principal of domestic debt requires the adoption of a framework of joint fiscal and monetary policies, one of whose priorities is to avoid, when absolutely necessary, reducing the external value of money (the exchange rate) in the event of a default and its extension into the long term, especially if The country's foreign reserves have not decreased without a decrease in the domestic debt balance or the creation of any national assets that the public finances can exchange from the public domain for that debt, according to the strength of the current account indicators of the balance of payments and the oil asset turnover, as external factors influencing macroeconomic stability
 
The current account of the balance of payments to GDP ratio is a monitoring factor for the accumulated unpaid domestic public debt, one of the most important indicators for measuring debt sustainability and its impact on long-term stability, particularly the problems of rising inflation rates.
 
This is within the framework of a fiscal policy that seeks financial consolidation, i.e., the annual reduction of the general budget deficit and the reduction of the domestic debt stock to achieve the goals of stability and sustainable economic growth.
 
In this regard, and in order to adopt common principles between monetary and fiscal policies to gradually extinguish the domestic debt, the following solutions can be adopted:
 
Fiscal Adjustment, which is considered one of the adjustment methods.
 
The first: Start by extinguishing the accumulated domestic public debt on the bank's balance sheet. The central bank, whenever that debt approaches the value of marginal external money (foreign reserves), converts the marginal portion of the debt to its equivalent in the value of the annual deficit in the current account of the balance of payments divided by the annual GDP (hybrid monetary-fiscal adjustment).
 
Second: The central bank's acceptance: The monetary authority agrees to waive the annual interest charged on those government financial assets held by the central bank's general budget (i.e., zeroing the annual interest rate) until the general budget situation improves and the deficit gap in the current account of the balance of payments and the general budget, or one of them, is eliminated, and a solid roadmap is initiated to extinguish the public debt held by the monetary authority.
  
7   The above does not negate the adoption of a policy to extinguish the accumulated domestic public debt balance in the public finances, which currently constitutes the bulk of the central bank's external assets.
 
Third: Contrary to the second statement above, monetary policy will bear the pressures of the money supply from external currency. If foreign reserves decline, this occurs when the value of issued foreign currency exceeds its equivalent in foreign reserves or assets. This results in two dominant or pressuring trends facing monetary and fiscal policymakers, who face three possible scenarios: First:
 
Debt Inflation Swap: Devaluation of the currency and repayment of domestic public debt. This is the process of exchanging debt for inflation in order to finance the general budget and extinguish part of the debt.
 
Monetary Adjustment, also known as monetary adjustment, is often considered one of the worst types of financing, due to the negative price effects it leaves on overall stability.
 
Scenario Two:
 
Waiver of the debt amortization share based on a percentage of the Central Bank's annual profits. This is considered good governance of monetary policy, given that the Central Bank's capital is based on allocations from the general budget, and the general budget is responsible for the sustainability of the Central Bank's general budget capital, in accordance with Law No. 56 of 2004.
 
Scenario Two:
 
Finally, if the two scenarios above fail to fully repay the accumulated government debt on the Central Bank's balance sheet, the remaining government debt will be exchanged for real assets, which the monetary authority will use as effective assets in supporting monetary stability.
 
Monetary adjustment (waiver of the Monetary Adjustment aspect) is therefore considered fair for monetary policy to bear the burden of this debt, through annual profits, at a proportionate rate, before fiscal policy is able to waive its real assets for the benefit of the monetary authority's balance sheet to extinguish half of the public finance debt.
 
Fiscal adjustment (which is an optimal collaboration between monetary and fiscal policies to contain domestic debt sustainability problems) for relatively long periods may constitute a constraint on the sustainability of stability within the framework of achieving monetary and fiscal policy objectives.
 
This requires adopting the following solution scenarios:
 
First Solution Scenario: This is the easiest scenario, which requires engaging in high inflationary financing by reducing the external value of money, equivalent to sustaining 75% of operating expenses to extinguish the domestic debt, in exchange for this stability and in the interest of maintaining foreign reserves at the red line.
 
This is a strong or gradual shock approach.
 
However, it is a solution that is politically and socially unacceptable in most cases...!
 
8   The second scenario is the preference for strengthening monetary policy.
 
This is when public finances abandon their possible fiscal adjustments in favor of more flexible monetary adjustments.
 
This represents a sharp political shift from fiscal dominance to monetary dominance.
 
This means that there is a major economic shift in which monetary policy becomes the controlling force over public finances, after fiscal policy had been dominant.
 
This could indicate an extremism in the independence of the central bank, or a greater reliance on monetary tools to control macroeconomic movements and overall economic activity, rather than relying on government spending due to the rigidity of fiscal adjustment.
 
This is constitutionally unacceptable, but it is politically unacceptable in a rentier country that relies on oil revenues to finance public expenditures by 90%.
 
This is especially true when the central bank refuses to finance the fiscal deficit by printing inflationary finance.
 
The dinar, and adheres to strict monetary measures even if they cause financial distress for the government, represents a shift from financial dominance to monetary dominance.
 
This scenario entails granting the central bank broader powers to combat inflation and control the currency market through:
 
a. Establishing a more flexible exchange rate regime.
b. Using open market tools with greater efficiency.
c. Regulating the central bank's intervention in government financing.
 
The third or final scenario (Dual Adjustment Strategy): This scenario is based on a combined dual adjustment strategy.
 
This scenario is determined by combining the first and second scenarios, by reducing (financial dominance) and transforming it from a state of complete abolition to a state of accepting partnership with (monetary dominance) at an equilibrium point that is politically, economically, and legally acceptable.
 
This is a shared will, but it will grant the central bank in a highly rentier country the powers of public finance to protect financial stability and sustainability, and to address the cycles of oil assets.
 
This comes at the forefront of which is the ownership of real government assets that are immediately converted into financial assets and gradually become components of net wealth on the bank's balance sheet.
 
The central bank and market partnership mechanisms in the debt-equity swap process.
 
This is a financial arrangement in which a portion of a state's debt is converted into equity (shares) for assets.
 
It is often used in common cases of financial restructuring, bailing out public companies, or even settling state debt to extinguish the central bank's holdings of government debt instruments and reduce the burden of domestic public debt.

9  Conclusions and Recommendations:
 
Although the third scenario for extinguishing domestic public debt remains more politically and administratively challenging, it is the most sustainable, especially in light of the increasing pressures on public finances and the Iraqi economy's need to develop flexible tools to address crises and reduce its dependence on oil fluctuations.
 
This scenario will achieve a true balance between fiscal and monetary adjustment, leading to prudent management of the economic cycle and providing space for development spending, free from rent-based fragility.
 
However, this does not preclude the implementation of parallel fiscal and monetary reforms within a comprehensive development framework, through:
 
Linking spending to a truly effective benchmark oil price.
 
This prevents excessive spending during periods of high oil prices, reducing the risk of deficits when they fall.
 
It also provides reserve resources that can be used in times of crisis (price declines or disasters).
 
It also provides financial consolidation and makes fiscal policy more stable and predictable. Fiscal Consolidation enhances fiscal discipline.
 
It also requires the importance of establishing a sovereign wealth fund to isolate oil surpluses from current expenditures, as many countries have done, including Norway and other oil-producing countries.
 
Continued close coordination between the Ministry of Finance and the Central Bank within a professional higher committee for economic policies remains a necessary condition for achieving the goals of stability and sustainable development in our country, achieving financial and economic sustainability within the framework of what is called the country's economic vitality, which is usually expressed optimally by the standard of non-oil primary fiscal balances.
 
The Non-Oil Primary Fiscal Balance (NOPEF,s) is a financial indicator used to assess fiscal sustainability in oil-producing countries.
 
It measures the surplus or deficit in the general budget after excluding oil revenues and before calculating debt interest payments.
  
10   Author: Dr. Mazhar Mohammed Salih: Economic researcher and academic. Advisor to the Prime Minister of Iraq.

Ze) Mazhar Muhammad Salih   June 7, 2025    Since 2009 | Phone +9647866296600 | info@iraqieconoists.net |iraqieconomists.net | Copyright Reserved :copyright: 2025

[approximate, incomplete translation of
https://iraqieconomists.net/ar/wp-content/uploads/sites/2/2025/06/د-مظهر-صلابة-التكييف-المالي-على-مرونة-التكييف-النقدي.pdf]
 

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

What “Liberation Day” Could Have Been

What “Liberation Day” Could Have Been

Notes From the Field By James Hickman (Simon Black)  June 10, 2025

On July 9, 1807, after Napoleon’s crushing victory over an entire coalition of European nations, the King of Prussia was forced to sign the Treaty of Tilsit, formally putting an end to the conflict.

The peace treaty was devastating for the Prussians; they were forced to pay heavy tribute and war reparations to France, limit the size of the Prussian army, and hand over roughly 50% of their territory to Napoleon.

Just imagine what it must have been like to be living in Westphalia at the time (one of the regions that was ceded to Napoleon). One day you’re Prussian territory. The next day you’re French (and later an independent kingdom).

Everything changed. And that included the legal system.

Before Napoleon arrived, that area (especially Westphalia, part of modern-day Germany) was part of the decaying Holy Roman Empire, and its legal landscape was a tangled knot of conflicting systems.

There was feudal law, where obligations to lords governed land and labor.

There was Roman civil law, which had been in place since the 15th century, though inconsistently applied.

Ecclesiastical courts handled everything from marriage disputes to moral offenses.

Customary law varied by village and town, with local statutes often passed down orally or compiled in obscure legal codices.

Add to that guild regulations, imperial edicts, and the whims of local princes and bishops, and you had a legal system that was both impossible to navigate, and ripe for abuse.

This was all wiped away.

When Prussia handed over the territory of Westphalia, Napoleon immediately imposed the Napoleonic Code as the law of the land.

The Napoleonic Code, originally drafted in 1804, was radical for its clarity and uniformity. It abolished feudal privileges, standardized property rights, and enshrined the idea of equality before the law.

No more special courts for nobles or clergy. No more confusing tangle of contradictory rules. The code was divided into clear sections—persons, property, acquisition of property, and civil procedure—and it applied to everyone.

For the first time, a Jewish merchant in Kassel and a Lutheran farmer from Göttingen were subject to the same laws, interpreted by the same courts. That was unthinkable under the old regime.

The US is in desperate need of a similar Westphalian reset. The Law of the Land in the United States of America these days is an endless collection of conflicting and often obsolete federal, state, and local laws combined with countless court rulings and precedents, plus enough rules and regulations to fill a football stadium.

Plus the code of regulations grows by around 80,000 pages each year, so the monster only becomes larger.

It shouldn’t take being conquered or vanquished by war to have your legal code pruned of dead limbs.

In fact I heard a very smart guy on a podcast some years ago talking about how every law in the US should have a sunset clause so that it’s automatically abolished in, say, 5-10 years.

Bad laws will expire without any further action from Congress. Necessary ones will be updated and refreshed.

That “very smart guy” happened to be Elon Musk. And I imagine that was exactly the type of reform he had in mind when he bank-rolled Donald Trump’s presidential campaign... and it’s exactly what “Liberation Day” should have been.

Not across the board tariffs on staunch allies. Not bazillion-gajillion percent tariffs on China.

They should have liberated Americans from the 200,000+ page Code of Federal Regulations... many of which serve no purpose other than to frustrate commerce and productivity.

Bizarrely, for politicians who claim to care about “small business” and “the working class”, most of these rules hit small businesses and workers the hardest because they don’t have the resources (unlike big companies) to navigate Byzantine regulatory codes.

They’ve made it extremely difficult (to downright impossible, depending on the industry) to start a productive business. Good luck starting a restaurant in the state of California. Or a copper mine in the state of Arizona (where one unlucky business has been in permitting for 20+ years!)

The government doesn’t need to centrally plan anything; they just need to get rid of regulatory obstacles which make it more difficult for Americans to be more productive. And this is essential to saving the country from its $2 trillion annual deficits, and $36 trillion national debt.

You don’t need a PhD in economics to understand this problem; quite simply, the US economy needs to grow faster than the debt. That isn’t happening right now.

These days, the debt is growing by more than 5.5% annually, far outpacing economic growth. So saving the country’s finances mean that GDP needs to grow by at least 5.5%, and ideally much more.

And while that sounds like an unrealistic goal, it’s totally achievable; with all the talent and investment capital in the US, along with AI, robotic automation, and nuclear power on the horizon, the US should be able to grow at 7%+ per year.

That could have happened if Liberation Day had actually liberated Americans from job-killing laws and productivity-constraining regulations.

I have said many times in the past that America’s problems are still technically fixable, but that the narrow window of opportunity is rapidly closing.

It’s beyond frustrating to see these problems continue to grow worse. And it’s becoming harder every day to imagine a scenario where we don’t end up with a currency crisis or major inflation down the road.

I still hold out hope that sanity prevails... that, even if at the last minute, the US government summons the courage and clarity to do the right thing for America once and for all, and avoid the worst outcome.

I hope.

But as we used to say in the military, hope is not a course of action. And that’s why it makes so much sense to have a Plan B.

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

https://www.schiffsovereign.com/trends/what-liberation-day-could-have-been-152940/?inf_contact_key=0f1d9fe0303c853725f454bfcae2c92a5829043fa73cf2bc2dd7addb4cb374c3

Ariel: The World is about to Change

Ariel: The World is about to Change

6-12-2025

Breaking News: The World Is About To Change

Impact on Stablecoin Bill and SEC Ripple Case

The U.S.-China deal’s inclusion of rare earths and magnets, critical for technological infrastructure, strengthens the economic leverage needed to push the Stablecoin Bill through Congress.

This legislation, aimed at regulating stablecoins to create a decentralized digital currency framework, benefits from the deal’s tariff structure (55% on China, 10% on the U.S.), which pressures China to align with U.S. financial standards, reducing its control over global crypto markets. Simultaneously, the SEC Ripple case, centered on classifying XRP as a security, gains resolution momentum as the deal’s economic stability signals a shift toward regulatory clarity.

A 2025 internal Treasury memo (leaked) suggests that the deal’s upfront resource commitments force the SEC to expedite a settlement, favoring Ripple’s decentralized model over centralized banking interests. This undermines the Rothschilds’ influence, which relies on centralized fiat systems to maintain their global financial dominance.

Advancement of the GENIUS Act

The GENIUS Act, designed to foster innovation through tax incentives for STEM education, directly benefits from the deal’s provision allowing Chinese students into U.S. colleges and universities. This influx of talent, coupled with the economic boost from tariffs and resource exchanges, accelerates technological breakthroughs, particularly in blockchain and AI, which align with the Act’s goals.

 A 2024 Department of Education analysis (suppressed) indicates that Chinese student programs have historically driven U.S. innovation, and Trump’s endorsement of this arrangement ensures funding and political support for GENIUS. The deal’s stability reduces reliance on foreign tech monopolies, empowering domestic innovation to challenge the Rothschilds’ financial chokehold, which thrives on controlling technological dependency through debt-based economies.

Defeating the Rothschilds Banking Cartel with a Gold Standard

The U.S.-China deal lays the groundwork for returning to a gold standard, a move that threatens the Rothschilds’ banking cartel, which has profited for centuries from fiat currency manipulation.

 The deal’s rare earth supply and tariff revenue provide the economic backbone to back a new currency with tangible assets, diminishing the cartel’s ability to print money and inflate debt. A 2025 economic forecast (obtained from a retired Federal Reserve analyst) predicts that a gold-backed dollar, supported by China’s resources, could reduce global debt by 30% within five years, severing the Rothschilds’ control over central banks like the Federal Reserve.

This shift, combined with stablecoin regulation and Ripple’s success, decentralizes finance, strangling the cartel of its intermediary power. Long-term, this alliance with China could isolate the Rothschilds’ European financial hubs, forcing a reconfiguration of global power toward asset-based economies, a prospect they cannot counter without their fiat leverage.

Critical Analysis of Mainstream Narratives

Main stream media portrays the U.S.-China deal as a trade victory, ignoring its potential to reshape financial systems and challenge entrenched banking elites like the Rothschilds. The focus on tariffs and student exchanges obscures the strategic intent to undermine fiat currency dominance, with outlets dismissing gold standard talks as impractical. This narrative serves to protect the cartel’s interests, delaying public awareness of the deal’s deeper implications.

Watcher.guru:  BREAKING: President Trump finalizes trade deal with China.

Source(s):   https://x.com/Prolotario1/status/1932791137913176166

https://dinarchronicles.com/2025/06/11/ariel-prolotario1-the-world-is-about-to-change/

News, Rumors and Opinions Thursday 6-12-2025

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 Thurs. 12 June 2025

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

Global Financial Crisis: RUMORS

Tues. 10 June 2025: In the last 24 hours, nine major global trading platforms experienced simultaneous “maintenance outages.” But internal intercepts confirm the cause was not maintenance — it was (allegedly)  forced shutdown by Alliance cyber divisions targeting AI-managed liquidity loops used for laundering stolen humanitarian funds. …Mr. Pool on Telegram

The names tied to those loops are no longer anonymous. Interpol, Space Force, and Russian GRU have(allegedly)   initiated synchronized takedown sequences across four continents.

Former IMF directors, NGO founders, and private equity operatives are being extracted. Some with diplomatic passports. None with escape routes left.

Meanwhile, QFS validators in Kazakhstan, Serbia, and Argentina have(allegedly)   gone live — part of Phase IV regional stabilization.

These nodes are absorbing capital outflows from collapsing fiat systems, redirecting real-value assets into secure quantum reserves.

This isn’t redistribution. It’s reclamation.

Further east, the Bank of Japan has gone quiet. Not a single press release. Not a single update. Their gold-backed CBDC was(allegedly)   rejected by the QFS firewall 36 hours after launch. Why? Because the collateral was counterfeit — a synthetic derivative shielded by trilateral commission networks.

It’s over. And still, the media clings to theater. The only thing holding the illusion in place now is public perception. But even that is cracking.

Massive wealth transfers are(allegedly)   happening through pre-cleared QFS channels — directly to sovereign accounts. None of it passes through traditional banks. None of it can be stopped.

The Rainbow Economy is expanding faster than predicted. Rainbow Tokens, now (allegedly)  backed by vaulted assets in twelve underground alliance-controlled facilities, are surpassing fiat in regional trade blocks across Africa and Central Asia.

The petrodollar is being bypassed. The SWIFT system is ghost traffic. Every move they make is tracked. Every loophole is closing. The more they scramble, the faster they sink.

The Great Reset they planned has been hijacked by the Great Restoration already in motion.

There will be no broadcast warning. Just a final shift. Be ready when the silence breaks.

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

Tues. 11 June 2025: Over 430,000 digital shell identities have been decommissioned in the last 72 hours. These were not ordinary accounts. They(allegedly)   belonged to ghost corporations, black budget programs, off-ledger trust instruments, and synthetic citizen profiles used to funnel billions through covert AI exchanges. All of them tied to collapsed nodes within Western intelligence-financial fusion centers. …Mr. Pool on Telegram

This isn’t just about money. It’s about dismantling the digital veil that gave shadow networks global reach.

In Brussels, three EU Commission servers were seized under joint Alliance command. What they found wasn’t policy — it was programming. Coordinated scripts designed to manipulate public behavior through algorithmic psy-ops embedded in government platforms, tax systems, even energy pricing dashboards.

It’s not a fiscal crisis. It’s a psychological one. And it’s ending.

QFS satellite grids are now (allegedly)  overriding localized network censorship. You’ll notice subtle lags, shadowbans disappearing, blocked domains becoming accessible again. This is not your app glitching. This is the Quantum Override Layer asserting control. The flow of information is being liberated at code level.

And the Vatican? What hasn’t already been looted is being archived. Alliance units inside Italian jurisdiction have quietly recovered ancient gold ledgers, papal banking instruments, and suppressed treaty amendments tied to colonial debt contracts. Entire countries were collateralized.

That debt is being wiped. Not renegotiated. Wiped.

The U.S. Treasury is(allegedly)   no longer issuing debt-based instruments. It hasn’t for weeks. The last major bond auction failed — not publicly, but at QFS entry. The system rejected it. Artificial scarcity is finished. Asset-backed reality has begun.

You won’t see headlines about any of this. But you will feel the symptoms. Glitches in your bank apps. “Unexpected processing errors.” Sudden policy changes. Executive resignations.

These are not isolated events. They’re cover stories. They’re exit strategies. The Cabal isn’t fighting. They’re fleeing. And QFS is tracking every step. Watch for the next fracture. It won’t be loud. But it will be final.

Read full post here:   https://dinarchronicles.com/2025/06/12/restored-republic-via-a-gcr-update-as-of-june-12-2025/

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

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

Walkingstick  Remember, the value of their currency is items [assets] tapped and items untapped.  Therefore, it is far more than what they are registering...All resources in Iraq as whole whether they are mined or unmanned, tapped or untapped, oil and gas resources, all of this counts towards their reserves and towards the value of their currency.

Frank26  The CBI, through Asraflak, is teaching you the American dollar is going away and shrinking and the Iraqi dinar is gaining fast.  Soon when it's in position they wanted it to be I believe they will show you the exchange rate.  They're telling you this shrinking is getting to the point of 1 to 1 with the American dollar IMO.  This is a good position for the dinar to go internationally...maybe about $1.25 IMO.  Regardless the security and stability that was required by removing Iranian influence is among us.  We are witnessing security in your country inside and out like it's never been...We are witnessing history not just with the Iraqi dinar exchange rate but with other currencies as well all because of Donald Trump.  He is literally changing the financial structure on this planet right before our eyes...

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

Calculated Collapse: Why The DOLLAR Is FAILING In 2025 | Adrian Day

Soar Financially:  6-11-2025

Adrian Day returns to Soar Financially with a sobering yet powerful take on the current macro landscape. From a slowing US economy to a looming Treasury funding crisis, Adrian lays out why gold’s rise is far from over.

 He dives into undervalued miners, the collapse of foreign investment in US bonds, and why central banks are silently shifting out of dollars.

https://www.youtube.com/watch?v=70Pr1wv2xCw

Ariel: Iraq’s Reentry, Global Economic Realignment, Return to Gold Standard

Ariel: Iraq’s Reentry, Global Economic Realignment, Return to Gold Standard

6-12-2025

Strategic Forecast and Implications – U.S., Israel, Iran, and Global Realignment

Immediate Trajectory (June 11-18, 2025)

June 14th Event: Unspecified but widely speculated, this could mark a coordinated U.S.-Israel strike on Iran, leveraging the current diplomatic breakdown and Trump’s authorization to Netanyahu, aligning with the weekend timeframe cited by some analysts.

Stablecoin Bill: Discussions on June 11, 2025, indicate a push for decentralized finance, potentially accelerated by war-related economic shifts, weakening centralized banking structures like those tied to the Deepstate.

Forecasted Outcomes

Economic Ripple: The Stablecoin Bill’s advancement could accelerate, with war-driven economic instability pushing for decentralized currencies, challenging the Federal Reserve’s fiat dominance.

Long-Term Implications:

Iraq Sovereignty and Currency Revaluation: With Iran neutralized, Iraq’s path to full sovereignty accelerates, potentially revaluing the dinar on international markets. A 2025 economic analysis (suppressed) suggests Iraq’s oil reserves and U.S. withdrawal could support a new rate, free from Iranian interference, boosting global financial realignment.

Critical Analysis of Mainstream Narratives

Over the next week, the U.S. and Israel are likely to initiate a military strike on Iran, potentially starting June 14th, driven by the collapse of nuclear talks and Trump-Netanyahu’s alignment. This could trigger Iranian retaliation, escalating regional conflict, while domestically, Los Angeles preparations suggest readiness for unrest or a staged event.

The Stablecoin Bill’s progress and Iraq’s potential sovereignty post-conflict signal a broader defeat of the Deepstate, shifting global finance toward decentralized and asset-based systems. This trajectory, if successful, could mark the final act against entrenched elites, with Iraq’s currency revaluation as a pivotal economic outcome.

Sidenote:

Iraq’s Reentry into the Forex Market

Iraq’s financial liberation hinges on its reentry into the global Forex market, a process publicly anticipated following the neutralization of Iran’s regional threat. Recent statements from Iraqi Prime Minister Mohammed Shia’ al-Sudani, reported on June 10, 2025, by Reuters, indicate that Iraq is finalizing currency reforms, including the removal of the dinar’s fixed exchange rate, which has been suppressed since 2003.

This move is contingent on stabilizing the region post-Iran conflict, with Iraq’s central bank preparing to unveil a revalued dinar backed by its vast oil reserves estimated at 145 billion barrels by the EIA in 2024. The delay in global currency adjustments, as noted by financial analysts in a Bloomberg article on June 9, 2025, stems from Iraq’s absence, as its oil-driven economy and historical currency peg make it a linchpin for international monetary stability.

Countries like Russia, China, and the EU have postponed significant currency revaluations, awaiting Iraq’s lead, creating a global financial standstill until this shift occurs.

Global Economic Realignment and American Influence

Iraq’s currency revaluation will ripple globally, reshaping economic power dynamics as nations adjust their currencies to the new dinar benchmark. A June 9, 2025, World Bank report highlights that Iraq’s oil wealth, combined with a gold-backed dinar, could force a global shift away from fiat currencies, with the U.S. leveraging this to reassert dollar dominance under a gold standard.

Countries like Saudi Arabia and the UAE, per a June 11 Al Jazeera article, are already negotiating with Iraq to align their petrodollar systems, while China’s yuan and the Euro may face devaluation pressures, reducing their competitive edge.

This realignment strengthens America’s geopolitical stance, as the U.S. could dictate trade terms with a revalued dollar, diminishing the influence of adversarial economies. The resulting economic prosperity could fund infrastructure and military modernization, positioning the U.S. as a leader in a post-fiat world.

End of the Federal Reserve and Return to Gold Standard

The financial liberation of Iraq is poised to dismantle the Federal Reserve, as the revalued dinar and global shift to a gold standard undermine the Fed’s fiat currency monopoly.

Public discourse, including a June 10, 2025, op-ed in The Wall Street Journal, argues that the Fed’s ability to manipulate money supply will collapse once Iraq’s gold-backed currency sets a precedent, with the U.S. Treasury.

 This move, tied to the Stablecoin Bill’s progress, would transition the U.S. to a gold-backed dollar, rendering the Fed obsolete and exposing its historical ties to the Deepstate’s banking cartel.

The elimination of the Fed, combined with Iraq’s economic resurgence, could erase $30 trillion in national debt over a decade, per a June 2025 Cato Institute projection, ushering in an era of fiscal sovereignty and prosperity, free from centralized banking control.

Read Full Article:   https://www.patreon.com/posts/strategic-and-u-131261191

https://dinarchronicles.com/2025/06/11/ariel-prolotario1-iraqs-reentry-global-economic-realignment-return-to-gold-standard/

Seeds of Wisdom RV and Economic Updates Thursday Morning 6-12-25

Good Morning Dinar Recaps,

GENIUS Stablecoin Bill Passes Key Vote, Advances in US Senate

Weeks after a stablecoin bill stalled over Trump-linked concerns, the Senate has advanced the GENIUS Act — a major step in shaping digital asset regulation in the United States.

In a 68-30 vote, the U.S. Senate voted to advance the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS Act, more than a month after its introduction.

Speaking from the Senate floor on Wednesday, Majority Leader John Thune urged lawmakers to back the bill, echoing many of former President Donald Trump’s talking points on digital assets — including claims that the legislation would help position the U.S. as the “crypto capital of the world.”

“We want to bring cryptocurrency into the mainstream, and the GENIUS Act will help us do that,” said Thune.

A majority of senators — including several Democrats — voted to invoke cloture, setting up the bill for debate and a full floor vote, before potentially sending it to the House of Representatives for further consideration.

Thune acknowledged that there is still “more work to be done” in Congress regarding digital assets, referencing a separate market structure bill in the House: the CLARITY Act, which was recently advanced by two committees and may face a floor vote soon.

Pushback From Democrats

Massachusetts Senator Elizabeth Warren voiced sharp criticism, calling the bill “riddled with loopholes” and warning it lacked adequate safeguards for consumers, national security, and financial stability.

“Through his crypto business, Trump has created an efficient means to trade presidential favors like tariff exemptions, pardons, and government appointments for hundreds of millions, perhaps billions of dollars,” Warren said.
“By passing the GENIUS Act, the Senate is not only about to bless this corruption, but to actively facilitate its expansion.”

Warren also condemned the Senate for not addressing bipartisan amendments and cited ongoing concerns about Trump’s family-linked crypto platform, World Liberty Financial, which rewards memecoin holders with perks such as dinner and access to the president.

Path to Becoming Law

Though many Democrats supported the cloture motion, some are still pressing Republicans for further amendments. It remains uncertain whether the bill will clear the Senate, where Republicans hold only a slim majority.

Following the initial cloture failure in May, David Sacks, Trump’s so-called “AI and crypto czar,” stated that the White House expected bipartisan Senate approval. Meanwhile, the House companion bill — the STABLE Act — was still under consideration by the Financial Services Committee as of May.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

BRICS: The Global Bombshell That Shifts Power Away From the West

The BRICS power shift has catalyzed a critical turning point, as the expanded alliance now includes Saudi Arabia, Iran, UAE, Egypt, and Ethiopia as full members. The bloc has revolutionized global energy control, now commanding over 40% of global oil production, and has surpassed the G7 in purchasing power parity GDP.

Major economic indicators from 2025 reveal that BRICS countries settled over $400 billion in trade without US dollars last year alone, accelerating the move away from traditional currency systems. This shift has helped pioneer an alternative global economic system that strategically bypasses Western financial infrastructure.

How BRICS Power, Oil, and Currency Are Reshaping the Global Map

Energy Dominance Shifts Global Control

BRICS now oversees more than 40% of global oil production, thanks to the inclusion of Saudi Arabia and Iran, whose massive reserves have been pulled under the bloc’s umbrella. Russia contributes significantly to natural gas supply, bolstering BRICS' energy dominance. This alliance was no accident—it was strategically architected through several development phases.

In 2024, Russia began settling LNG trades with India in rupees, and Iran optimized an expansive barter system with China. Meanwhile, Qatar has expressed interest in a “BRICS energy coordination mechanism” that could further transform the global energy landscape.

“Trump’s erratic trade policy decisions and the dollar’s sharp depreciation are probably encouraging a more rapid shift towards other currencies.” — Francesco Pesole, ING

Currency Revolution Accelerates Global Changes

The de-dollarization trend has led BRICS to construct a sweeping network of alternative financial pathways. China and Brazil are now settling bilateral trade in yuan, while India and Russia use a rupee-ruble payment mechanism. Saudi Arabia’s decision to accept yuan for oil sales to China marks one of the most historic developments in global finance.

BRICS has also spearheaded the creation of alternative payment systems that bypass SWIFT. As a result, the U.S. dollar’s share in global reserves dropped to 57.8% in 2024—a substantial decline with far-reaching consequences.

“Countries are looking at the fact that the dollar has been, and can be used as a sort of weapon on trade, direct sanctions, etc… That’s been the real change, I think, in the last several months.”
— Mitul Kotecha, Barclays

Economic Realignment Outpaces Western Response

The shift in global economic power between BRICS and the G7 has accelerated faster than most analysts predicted. Bank of America research shows that institutional capital is actively moving away from dollar dependency, and more than 40 countries have submitted membership applications to BRICS.

This expansion is not just economic—it is about sovereignty. BRICS members can now trade freely across major jurisdictions without external approvals. Countries like Nigeria, Thailand, Pakistan, and Venezuela are actively seeking to join the bloc, creating a global network spanning four continents.

“De-dollarization in ASEAN is likely to pick up pace, primarily via conversion of FX deposits accumulated since 2022.”
— Abhay Gupta, Bank of America

“There’s notable FX hedging activity; Japanese life insurers raised their hedge ratio from 44% to 48% in recent months.”
— Craig Chan, Nomura Securities

What began as a five-nation group has evolved into an economic superpower that dominates essential energy supplies and facilitates hundreds of billions in non-dollar trade. Though the U.S. dollar still holds a dominant share of global reserves, its role as the default trade currency is quickly eroding.

The BRICS power shift represents a systematic circumvention of Western financial dominance—not through confrontation, but through construction of an entirely new infrastructure.  

@ Newshounds News™
Source:  Watcher.Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

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Thank you Dinar Recaps

5 Ways To Prepare Your Finances

5 Ways To Prepare Your Finances

G. Brian Davis  Thu, June 12, 2025  GOBankingRates

The Trump Administration Says Tariffs Aren’t Going Away: 5 Ways To Prepare Your Finances

In an appearance on Fox News, Commerce Secretary Howard Lutnick made the Trump Administration’s position clear: “Rest assured, tariffs are not going away.”

The Administration has signaled that they will not extend the current 90-day pause on many tariffs. So how should American consumers prepare for a jolt in prices?

Slash Spending Now

Don’t get caught flat-footed by price jumps. Start cutting back on spending now, to soften the impact when the worst of it hits.

“People often wait too long to pivot when it comes to their finances,” said Charles Hoff, financial education counselor at DFCU Financial. “Plan for the worst scenario now, which means cutting expenses to a level where you are living ‘well below your means’ so you can absorb increasing costs.”

Deepen Your Emergency Fund

As you rein in your spending, use the surplus to pad your emergency fund.

Robert Gabriel, financial specialist with healthcare platform Vosita, explained that most financial experts recommend emergency savings that can cover three-to-six months of living expenses. “With the volatility tariffs will create in the economy and prices, shoot for the upper part of that range. A well-cushioned emergency fund serves as a shock absorber against price hikes or possible income disruptions.”

Don’t just leave that cash losing money in an account earning no or low interest, either. Find a high-interest savings account that can hopefully keep pace with inflation or at least reduce the loss in purchasing power.

TO READ MORE:   https://news.yahoo.com/news/finance/news/trump-administration-says-tariffs-aren-100245267.html

“Tidbits From TNT” Thursday Morning 6-12-2025

TNT:

Tishwash:  Parliamentary Legal Committee: No serious steps have been taken to pass the Oil and Gas Law yet.

Parliamentary Legal Committee member Dara Sekanyani confirmed on Wednesday that no serious steps have been taken to pass the oil and gas law. He noted that passing the law requires consensus and understanding between the parties, something that has not yet been achieved.

“All parties are talking about the importance of approving and passing the oil and gas law, which was included in the government’s work program and was scheduled to be passed, but no serious steps have been taken to pass it yet,” Sekanyani said in a press statement. He explained that “passing the oil and gas law concerns all of Iraq and requires understanding between all parties. It requires some kind of agreement and consensus, but so far this consensus and understanding has not been achieved between the political parties in Iraq and the region.”

He added, "If the oil and gas law is passed, the oil and gas issue between the Kurdistan Regional Government and the federal government will be resolved, and some of the issues between them will be resolved, provided that all parties commit to implementing the law after its passage."  link

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

Tishwash:  Al-Karawi: We filed a lawsuit against the government due to the delay in the budget schedules

Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, revealed today, Tuesday, that the committee has filed a lawsuit against the government due to its delay in sending the budget schedules.

Al-Karaawi said in a statement to / Al-Maalouma / agency, that “the suspension of new employment and appointments is based on Article (14) of the Budget Law, which stipulates the suspension of contracting and appointment, with the exception of 150 job grades regulated within the budget text, in addition to some excluded categories in institutions affiliated with the Ministry of Education.”

He explained that "these exceptions have already been implemented or government institutions have begun implementing them. As for new contracts or daily wages, there is no explicit text in the budget that allows them to proceed with them, which makes them a subject of continuous discussion in Parliament sessions, especially with regard to the confirmation of contracts."

He added that "the first half of the year is about to end, and the budget has not yet been included on Parliament's agenda," stressing that "this matter constitutes a clear violation of the Budget Law, especially Article 77/Second Paragraph."

He pointed out that he "filed a lawsuit with the Public Prosecution Office more than two weeks ago, due to the delay in sending the budget and the existence of financial violations related to the Kurdistan Regional Government's allocations, as more than 4 trillion dinars spent were above the approved allocations."
Al-Karawi confirmed that "the Public Prosecution Office has begun investigation procedures to find a solution to the crisis," suggesting that the reason for the government's delay in sending the budget is the lack of financial liquidity and the absence of real solutions to the financing and cash crises, in addition to ignoring fluctuations in oil prices.

It is noteworthy that the budget for the years (2023-2025) was legislated in a three-part formula for the first time in Iraq's history, but the government has not sent its annual schedules yet, which has sparked angry parliamentary and popular reactions.  link

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Tishwash:  Mazhar Saleh: Stabilizing inflation is one of the most notable successes of Iraq's economic policy.

6/11/2025

 The Prime Minister's economic advisor, Mazhar Mohammed Salih, confirmed that one of the most significant successes of Iraq's economic policy this year has been the stability of the general price level, or inflation, growth rate. He noted that the annual inflation rate is approaching, for the first time in many years, the natural break in price growth, which amounts to about 3% or less, according to statistical inflation indicators.

 Saleh explained in an interview with Al Furat News Agency that "this significant price stability is due to the combination of economic policy objectives to maintain the purchasing power of citizens' cash income and overall macroeconomic indicators, which represents an addition to real income for citizens and a good indicator of the investment and business climate." 

He pointed out that "among the factors that contributed to achieving these successes is the general budget's allocation of price support within fiscal policy, which constitutes more than 13% of GDP. This is a high and significant percentage, and goes towards subsidizing the prices of government services, in addition to fuel and food basket subsidies, farmer support, and other types of support."   LINK

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Mot:  . More ole ""Mot"" Wisdum frum da Internet!!! 

Mot: Seeee !! -- Soooo many Thrills as Ya Season!!!  

MilitiaMan and Crew: Iraq Dinar Update-TIR Agreement-Global Trade Map-Integration-Salaries-Oil Pipeline-Exchange Rate

MilitiaMan and Crew:  Iraq Dinar Update-TIR Agreement-Global Trade Map-Integration-Salaries-Oil Pipeline-Exchange Rate

6-11-2025

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=I3nROBBixHM

153% Gain in Three Months

153% Gain in Three Months

Notes From the Field By James Hickman (Simon Black)  June 11, 2025

We’ve been extremely consistent—practically shouting from the rooftops over the last year—that there was an absolutely outrageous investment trend that was going to make people who were paying attention a lot of money… and it wasn’t going to last.

What we’ve been saying over and over is that gold’s bull run was just beginning. At $2,000, we said it wasn’t the end. At $3,000, we said it wasn’t the end…  But the bizarre anomaly was that while gold was heading to all-time highs, gold stocks were still remarkably cheap.

And we explained the reason why—gold was hitting all-time highs because central banks were losing confidence in the US dollar and trading for the only truly universal asset in the world: gold.

But central banks were buying gold bars, not gold stocks—so while gold hit all-time highs, gold stocks barely budged.

It was a similar phenomenon with other real assets as well, including silver and platinum.

And in our 4th Pillar investment research service, we identified some of the most ridiculously undervalued companies and presented our research to subscribers.

It didn’t take very long—one of our most undervalued precious metals stocks is up 153% in three months.

Our other best performing precious metals picks of the year have gained:

• 146% in the last eleven months

• 133% in the last two months

• 51% in the last three months

Another five stocks we researched are up between 27-34%.

For the sake of transparency, one is actually down 27%.

And frankly, we don’t think it’s because it’s a bad company.

We think the company’s fundamentals and management are quite sound, so we believe it’s even more undervalued now. And with specific catalysts on its horizon, it’s a great opportunity to pick it up.

But in general, is it too late to find the deals?

Opportunities are definitely thinning, but there are still some out there.

To give you an example, in our most recent 4th Pillar report we sent out last week, we identified a profitable gold business trading for less than cash.

Talk about limited downside— you could literally buy the entire company, repay yourself with its cash, and have the operating business for FREE.

That’s the type of investment opportunities we find.

And just like the companies we identified recently which surged 150%, this one also has a number of catalysts on the horizon which could quickly re-rate the stock much higher.

Those catalysts are in addition to the simple fact that investors are finally catching on, and realizing how much value there is to be had in companies related to mining precious metals.

They’re looking. But we got there first.

We’ve been practically pounding the table on this for over a year.

We said these companies were cheap, we said they were going to skyrocket in value—and that’s exactly what’s happened.

This trend is not over. But it’s definitely something you want to be paying attention to.

I can’t stress this enough, these are the types of companies you want to own in this economic environment.

And we’re very proud of the work we have done to find these opportunities.

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

https://www.schiffsovereign.com/trends/153-gain-in-three-months-152949/?inf_contact_key=d58655ca9ed07a87030106960cb43a14ca03494014e15f13387d5174cdcb4731

Billionaire Has A Three-Word Blunt Response To The Falling Dollar

Billionaire Has A Three-Word Blunt Response To The Falling Dollar

Anushka Basu  Tue, June 10, 2025  TheStreet

A Bitcoin evangelist and billionaire, Max Keiser, has made headlines with another chilling wearable active prediction about the US dollar. In a recent post over at X, Keiser said the US Dollar is getting "euthanized by Bitcoin," accompanied by a cartoon—a doctor holding a Bitcoin logo is about to administer a lethal injection to a distressed dollar bill.

Max Keiser  @maxkeiser:  The US Dollar is being euthanized by Bitcoin.  Time to get your affairs in order. LINK

Keiser's incendiary remarks coincide with rising voices acknowledging the weakness of the dollar as it loses importance around the globe, as Bitcoin becomes increasingly preferred.

Adding to Keiser's story, MicroStrategy executive chairman Michael Saylor has also expressed similar thoughts. Saylor, in a recent long-form interview with Jordan Peterson, disparaged the dollar, comparing it to a "22nd-century" asset with a 19th-century design.

He put forth a “perfect gold" analogy, arguing that due to Bitcoin's limited 21 million coin cap, its ability to be transferred in a peer-to-peer manner makes it a superior store of value.

“If God said, you know, I'm going to implement a system of 21 million gold coins, but we're going to call them God coins, and I'm going to keep them in a bank in heaven, and I'm gonna let you transfer, you know, any amount. I'm gonna let you subdivided by 100 million, and we'll call them Satoshis, and I will let you transfer peer to peer and pay anybody, anytime, instantly, at the speed of light,” said Saylor.

Saylor's track record of making MicroStrategy, a $500 million company, competitive against companies like Microsoft adds to his gravitas.

TO READ MORE:  https://finance.yahoo.com/news/billionaire-three-word-blunt-response-223431458.html

More News, Rumors and Opinions Wed. PM 6-11-2025

KTFA:

Clare:  BREAKING: The State Department is preparing to order the departure of all nonessential personnel from the U.S. Embassy in Baghdad due to the potential for regional unrest, two U.S. officials said.

US prepares to order departure of all nonessential staff from Baghdad embassy, officials say

Associated Press:  June 11, 2025

https://x.com/ap/status/193286.....45610?s=61 

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Clare:  The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.

6/11/2025

The Central Bank of Iraq announced, on Wednesday, an increase in its foreign currency reserves during May 2025.

The bank stated in official statistics, reviewed by Shafaq News Agency, that "the Central Bank's foreign reserves as of May 22 of this year amounted to $98.83 billion, equivalent to 128.479 trillion Iraqi dinars, an increase from May 1, when reserves amounted to $97.943 billion, or the equivalent of 127.326 trillion dinars."

He added, "These reserves also increased from April, when they reached $98.089 billion, equivalent to 127.516 trillion dinars."

The bank indicated that "reserves decreased from last year's 2024 figure of $100.276 billion, or the equivalent of 130.347 trillion dinars, and are also lower than the 2023 figure of $111.736 billion, or the equivalent of 145.257 trillion dinars."   LINK

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Clare:  The Parliamentary Finance Committee expects the budget tables to reach Parliament soon and an extraordinary session to be held.

6/11/2025

Member of the Parliamentary Finance Committee, Representative Jamal Kojer, expects that the tables of the General Budget Law for the year (2025) will reach the House of Representatives soon.

In a press statement, Kocher indicated that "the arrival of the budget schedules is linked to the government's completion of the official preparation process," stressing "the parliament's readiness to hold an extraordinary session as soon as the schedules are officially received, with the aim of discussing and approving them quickly."

He explained that "the Finance Committee does not expect the session to witness a lengthy or in-depth discussion regarding the new budget schedules, given that they will not witness any fundamental changes compared to last year's budget, which was approved over three years without any significant amendments.

He pointed out that this reflects a clear trend in Parliament towards facilitating the procedures for approving the schedules with the aim of ensuring the rapid activation of financial spending and the continued implementation of projects and services during the remaining period of the year."

Kocher also noted that even if there are some minor amendments to the draft budget, the prevailing trend is to pass the law as it was presented by the government, in order to preserve the stability of the financial and economic process and avoid any delays that could negatively impact government performance and citizens' needs.   LINK

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

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

Frank26  Community comment:  "There is a rate inside of Iraq, $1.21."   To which I say, Bull [ka ka].  You can go to the CBI website and see the rate is not $1.21...They would have to have a change in their market prices.  To make such a statement that there's a rate change inside of Iraq only, not outside...is nonsense...They would have to reprice everything in order to reflect the current situation, not 1310 value, which is what is reflected right now...you silly rabbit.

Ingram   Iraq is on the Forex market... but not in the same way as major global currencies like the US dollar, Euro or British pound.  The IQD is not freely convertible internationally.  You can't walk into a bank or forex platform in the United States or Europe and easily trade IQD.  Most major Forex brokers do not list the Iraqi dinar for retail trading because it is a non-convertible restricted currency.  Its trading is confined mainly to inside Iraq or in niche physical currency exchanges abroad, often for speculative purposes.

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Alex Krainer: The US Banking System is the Key to Challenging the Hegemony

Palisades Gold Radio:  6-11-2025

Tom welcomes Alex Krainer to the show to discuss the importance of investing in commodities like gold and silver as a hedge against inflation and geopolitical instability.

Krainer highlights the manipulation of markets, particularly natural gas, which has been kept artificially low to control food prices.

Krainer discusses the problems created by the modern debt based systems and why these structures need to change for humanity to progress.

He feels the world is heading towards an uncharted period of multi-polarity in currencies.

Krainer emphasizes the need for individuals to build local support networks, as governments may fail to provide adequate assistance during crises.

He advises investors to get to know their neighbors and develop practical solutions to survive challenges like shortages or economic disruptions.

 Krainer also touches on his work in trend following and provides resources such as his Substack newsletters and books, which are available for free on his website.

His insights underscore the importance of preparedness and resilience in uncertain times.

Timestamps:

00:00:00 – Introduction

 00:00:52 - U.S. Imperial Interests

00:07:02 - Repeatable Cycles?

 00:11:43 - A Multi-Polar World?

 00:15:48 - Trump's Policies

00:20:25 - Ukraine War Progression

 00:24:25 - Wars, Debt System, & Profits

 00:30:38 - Framework & Systems

 00:37:40 - Reforming Banking

00:48:55 - Central Bank Gold Buying

 00:51:56 - Silver's Behavior?

00:54:50 - Trend Analysis & Risks

 00:59:44 - Energy, NatGas, Crude Oil

 01:02:36 - Concluding Thoughts

https://www.youtube.com/watch?v=aRZ2IGeDVHQ