“Tidbits From TNT” Tuesday Morning 9-23-2025

TNT:

Tishwash:  Rafidain Bank finances 85 new projects under the Entrepreneurship Initiative, worth one billion dinars.

Rafidain Bank announced today, Sunday, the launch of the seventeenth batch of the Leadership and Excellence Initiative to support small and medium-sized enterprises, with a total amount of one billion Iraqi dinars and 85 registrations.

The bank's media office said in a statement that "this payment comes as a continuation of the efforts aimed at financing entrepreneurs and youth within the Central Bank of Iraq's initiative," stressing that "the number of financed entries reached 2,272 entries and the total value of the amounts granted so far amounted to 29,941,000,000 billion Iraqi dinars, which reflects the bank's commitment to supporting pioneering projects that contribute to building the national economy."link

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Tishwash:  North Oil: We may resume exporting Kurdistan Region oil via Türkiye within the next few hours.

The North Oil Company expects the resumption of oil exports from the Kurdistan Region via Turkey within the next 48 hours.

The Director of the North Oil Company, Amer Khalil, said that the oil companies requested guarantees to obtain their rights and dues, and the government agreed to this and will provide them with the necessary guarantees.

For his part, a source in the production department of the North Oil Company confirmed that it will receive the Kurdistan Region's oil in Zakho and export it to the Turkish port of Ceyhan, and that its representative participated in today's meeting that witnessed the reaching of an agreement between the Ministry of Oil, the Ministry of Natural Resources in the Kurdistan Region, and the oil companies operating in the region.

Oil sources expected the resumption of oil exports after the approval of the Iraqi Council of Ministers tomorrow. link

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Tishwash:  Signing of a tripartite agreement on Kurdistan's oil exports

A meeting between Kurdistan Regional Government officials and a delegation from the North Oil Company and oil-producing companies in the region concluded this evening, resulting in the signing of a tripartite agreement between the three parties.

A source in the North Oil Company, who requested anonymity, told the "Al-Jabal" platform on Monday, September 22, 2025, that "a tripartite agreement was signed in Erbil a short while ago between the Ministry of Natural Resources in Kurdistan, the Federal Ministry of Oil, and the oil companies regarding the resumption of oil exports from Kurdistan's fields."

According to information obtained by Al-Jabal's correspondent in Baghdad, "Prime Minister Mohammed Shia al-Sudani has warned members of the delegation representing Baghdad to remain discreet about the details and content of the agreement and not to disclose them to the media until he announces them himself."

According to the agreement, "oil exports from Kurdistan will resume."

 Kurdistan Regional Government spokesman Peshwa Hawrami told the Jabal platform this morning that "the Kurdistan Regional Government, the federal government, and oil production companies have reached an agreement on the oil file, and a tripartite agreement will be signed between the three parties in this regard today."

A delegation from the Kirkuk North Oil Company, headed by the company's general manager and representing the federal Ministry of Oil, arrived in Erbil to conclude an agreement with the Kurdistan Regional Government's Ministry of Natural Resources. 

For months, disagreements between Baghdad and Erbil over the price of oil production and exports from the region's fields, as well as non-oil revenues in Kurdistan, have hampered Baghdad's ability to pay salaries to employees, retirees, and subsidy recipients in the Kurdistan Region.

However, officials' confirmation that an agreement was reached on resuming oil exports and that the State Council had decided on non-oil revenues yesterday, as well as the conclusion of the agreement today, pushes the Council of Ministers toward making a decisive decision on employee salaries during its regular session scheduled for tomorrow, Tuesday.

Hawrami said, "After the signing of the tripartite agreement, there will be no obstacles to sending salaries to Kurdistan Region employees, and Baghdad must send them as soon as possible." link

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Mot:  .. Ur Kidding -- Right!!!!???? 

Mot:  Ya Knows - I Now Thinks ""Bear Spray"" is a Good thing to Have 

FRANK26….9-22-25….FLOW BABY FLOW

KTFA

Monday Night Video

FRANK26….9-22-25….FLOW BABY FLOW

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#

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

Iraq Economic News and Points To Ponder Monday Evening 9-22-25

Banking Reform Between The Strictness Of The Standard And The Realism Of Implementation

 Economic 09/22/2025  Dr. Mustafa Akram Hantoush  The Central Bank of Iraq and the local banking system are going through a critical phase that does not tolerate gray solutions.

 After the Central Bank contracted Oliver Wyman last year to conduct a comprehensive study, the initial report was submitted a few weeks ago, followed by the final report, which included a package of mechanisms to address structural imbalances and regulate dollar transactions.

In practice, we are faced with a reform document that establishes a qualitative shift in governance, compliance, and capital. At the same time, it challenges banks—especially those that are struggling or facing sanctions—to test their ability to quickly adapt to a complex operating environment.

Among the most prominent recommendations are raising the capital of all banks to 400 billion dinars, with $2.4 billion to be repaid over four years, and setting clear conditions for mergers or liquidations, in addition to restructuring ownership so that relatives' stakes do not exceed 10 percent.

These conditions, while logical from the perspective of increasing capital strength, strengthening governance, and reducing conflicts of interest, represent a clear challenge to a group of banks facing regulatory restrictions, sanctions, or fragile capital and liquidity.

Therefore, I expect—based on a technical reading of the market and banks' capabilities—that the Central Bank will move to extend the implementation horizon to three years, instead of the previous deadline of the end of this year, while maintaining strict targets and interim accountability.

The essence of reform here is not in   announcing the numbers, but in converting them into a realistic timeline that helps banks achieve compliance without disrupting the financial system.

A capital increase of this magnitude, in a market where financing capabilities remain limited and governance is uneven among banks, requires sufficient time to complete well-thought-out merger deals or orderly divestments.

It also requires building internal capabilities in risk management, combating money laundering, complying with dollar transfer restrictions, and rehabilitating digital and regulatory infrastructure.

On the other hand, there is a dual reform path that distinguishes between banks that choose to operate locally under close supervision by the central bank, with improved standards suited to the domestic market, and other banks that wish to integrate into the international financial system, fully adhering to global standards and international technical partnerships such as Oliver Wyman.

The importance of this approach lies in its recognition of the varying starting points among banks and the structural flexibility it provides to the system, reducing the cost of adaptation, without compromising the ultimate goal: a safer, more transparent sector that is more connected to the global market.

Between rigor and flexibility, we need implementation governance that is no less important than the content of the document itself.

This means forming joint technical committees between the central bank and the banks to oversee the procedural details of each component:

How should capital be raised?   In what timeline?

What are the minimum standards for board governance and relative ownership?

How should dollar channels be managed and trust restored with correspondent banks?

What are the interim progress thresholds that will be rewarded with gradual liberalization?

Having a roadmap with clear timelines transforms the document from a statement of intent into a measurable and accountable performance contract.

As for mergers and liquidations, what is required is not a race to extinguish brand names, but rather market engineering that preserves depositors' rights and reduces moral hazards.

A successful merger requires matching assets and liabilities, cleaning up loan portfolios, re-pricing risks, and managing the transition of systems and personnel without disrupting customer services.

An orderly liquidation requires a clear toolbox: a bridge bank when necessary, transparent compensation mechanisms, and a timetable that ensures the resolution does not turn into a confidence shock. In the background is the dollar issue, the greatest test of confidence.

Regulating transactions is not measured solely by the number of restrictions, but rather by banks' ability to demonstrate actual compliance through Know Your Customer (KYC) systems, tracking transactions, and compliance with sanctions.

Success here is directly reflected in reducing remittance costs and restoring correspondent channels, which supports trade, reduces pressure on the parallel market, and improves the pricing of sovereign risks. Realism does not mean complacency.

 A delicate balance is required: a carefully considered timeline that allows banks to reposition, coupled with stringent interim checkpoints and regulatory rewards tied to actual performance rather than promises.   https://alsabaah.iq/120864-.html      

Iraq Is Considering Establishing A Commercial Zone To Market And Export Agricultural Products.

Economy | 09/22/2025  Mawazine News – Baghdad  The Ministerial Council for the Economy announced today, Monday, that it will discuss the Ministry of Commerce's proposal to establish a commercial zone dedicated to agricultural products and agricultural supplies.

A statement issued by the Council, received by Mawazine News, stated that “Minister of Planning, Mohammed Tamim, chaired the 30th session of the Ministerial Economic Council, which was held at the Council building, in the presence of the Ministers of Finance, Trade, Agriculture, Industry, Labor and Social Affairs, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq, the Undersecretary of the Ministry of Oil, the Deputy Chairman of the National Investment Commission, and the Prime Minister’s advisors for economic and legal affairs.”

According to the statement, the Council hosted during its session, “the Minister of Water Resources, to discuss the reality of the water sector in the country, the water plan for the winter agricultural season 2025-2026, in addition to discussing the Ministry’s proposals related to maximizing non-oil revenues, and ways to support the state’s general budget by increasing the Ministry’s revenues.”

The Council also discussed the Ministry of Trade’s proposal to establish a commercial zone for agricultural products and agricultural supplies, which would be a center for marketing these products and exporting the surplus, with the aim of supporting the agricultural sector and farmers.

It decided to support this step, given its role in encouraging farmers to export their products outside Iraq and achieving a financial return that contributes to enhancing the national product.

In a related context, the Council hosted the head of the Iraqi Contractors Union to discuss the reality of the contracting sector and service projects, as well as contractors’ dues for completed or under-construction projects.

 It decided to continue supporting this vital sector and disburse dues after determining the percentages of completion, to ensure the continuity of work and improve the level of services provided to citizens.

The Council also decided, according to the statement, that the General Directorate of Industrial Development would grant establishment licenses to establish new factories for the production of prime coat, asphalt, and industrial solvents, in accordance with the provisions of Industrial Investment Law No. (20) of 1998, provided that the factories are equipped with raw materials available at the Ministry of Oil. https://www.mawazin.net/Details.aspx?jimare=267222

A Slight Decrease In The Dollar Exchange Rate In Baghdad

Economy | 09/22/2025 Mawazine News - Baghdad -  The exchange rate of the US dollar against the Iraqi dinar recorded a decline in Baghdad's local markets on Monday morning.

The dollar price decreased in the Al-Kifah and Al-Harithiya stock exchanges to 141,550 dinars for every $100, while yesterday, Sunday, the price recorded 142,150 dinars for every $100.

Selling prices also decreased in exchange shops in Baghdad's local markets, where the selling price reached 142,500 dinars for every $100, and the purchase price reached 140,500 dinars for every $100.
https://www.mawazin.net/Details.aspx?jimare=267200

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

7 Key Signs You’re Wealthier Than You Think

7 Key Signs You’re Wealthier Than You Think

Caitlyn Moorhead  Mon, September 22, 202  GOBankingRates

Controversial but consummately successful podcaster Joe Rogan once said he felt like he’d “made it” financially when he had enough money to eat at a restaurant at night without feeling guilty and stressed about what it cost the following day.

Rogan’s net worth is now estimated at $200 million, which is all the money in the world — unless you’re Elon Musk. Rogan’s $200 million fortune he made bloviating opinions is less than 0.05% of Musk’s $395 billion fortune he made building cars and rocket ships.

The point is that how you feel about wealth is subjective and can come from many sources. In a country where more than half of all six-figure earners reportedly live paycheck to paycheck, how do you know if you’re rich, or at least richer than you think? Here are seven key signs you may be wealthier than most Americans.

You Make More Than the Median Earner

Your salary, of course, plays a significant role in your ability to accumulate wealth and has a lot to do with how you measure up to the masses.

“The median household income in the U.S. is around $75,000,” said Joel Ohman, certified financial planner and CEO of Clearsurance. “So, if you make more than that, your income is higher than half the people in the country.

“Of course, how far $75,000 takes you will depend on where you live. For example, you have a lot more buying power with $75,000 a year in Glendive, Montana, than you would in Orange County, California.”

Since the cost of living varies so dramatically from one place to the next, area median income (AMI) is a more accurate yardstick to measure your comparative wealth.

HUD Loans by commercial property financing firm Janover offers a state-by-state AMI breakdown with metro, non-metro and total AMI variants. Fannie Mae has a map-based AMI lookup tool that allows for much more granular and local detail.

You’ve Met the Standard Saving Milestones

Even the most impressive income is no indication of wealth if you spend more of it than you make, which so many high earners seem to do. The more accurate barometer, then, is how much you have in the bank.

TO READ MORE:   https://www.yahoo.com/finance/news/signs-wealthier-think-152349259.html

Everything, Everywhere, all at Once Rally

Everything, Everywhere, all at Once Rally

WTFinance:   9-19-2025

Imagine a market where stocks, bonds, gold, and even Bitcoin are all getting a significant boost. Sounds too good to be true?

 According to financial expert Mel Mattison, featured in a recent insightful WTFinance podcast episode, we might be experiencing just that: an “everything all at once” rally. And his analysis delves deep into the macroeconomic forces at play, suggesting we could be on the brink of a profound financial system reset.

Mel Mattison offers a powerfully bullish outlook for a broad spectrum of asset classes over the medium term – roughly the next 6 to 12 months. He articulates that a unique convergence of several macroeconomic factors is creating what he dubs a “near-perfect storm” for asset appreciation.

These factors combined paint a picture of an economy poised for significant growth, translating into strong performance across traditional and digital assets.

But Mel’s analysis goes deeper than just short-term drivers. He explains a critical, structural dynamic at play: the vast sovereign debt burdens globally.

This unprecedented level of national debt, he argues, necessitates lower interest rates for longer durations. It’s simply unsustainable for governments to service their debt at higher rates.

Perhaps the most thought-provoking aspect of Mel’s discussion on WTFinance is his perspective on the interplay between fiscal and monetary policy.

 He anticipates a likely erosion of Federal Reserve independence as governments increasingly intervene to manage their debt costs and stimulate economies. This could lead to a monumental shift: future monetary policy might evolve toward issuing non-debt-backed currency, reminiscent of historical “greenback” periods.

This isn’t just a tweak; it’s a potential “profound reset of the current financial system.” By issuing currency not tied to debt, governments could mitigate the unsustainable interest expense burden they face, while simultaneously fueling continued economic growth. It’s a bold vision that challenges conventional financial wisdom.

Ultimately, Mel encourages investors to embrace “cautious optimism.” While acknowledging the unique and powerful dynamics shaping the current global economy, he stresses the timeless advice: manage risk prudently.

The “everything all at once” rally, driven by a confluence of economic factors and propelled by the potential for a radical financial system shift, presents both immense opportunities and significant considerations.

Don’t just read about it, hear it directly from the expert! Watch the full video from WTFinance for further insights and detailed information on Mel Mattison’s fascinating market outlook.

https://youtu.be/Lz8HsYKNa5U

US Plots Silent Default as Reset Signals Flash

US Plots Silent Default as Reset Signals Flash

Taylor Kenny:  9-22-2025

The financial winds are shifting, and the whispers of an impending storm are growing louder. For years, we’ve watched the US national debt climb to dizzying heights, fueled by unprecedented money printing.

 Now, the conversation isn’t just about if a financial reset is coming, but when and how we can protect ourselves.

A recent insightful video from ITM Trading delves deep into this critical issue, painting a stark picture of the accelerating US debt crisis and the growing likelihood of a financial upheaval that could radically redefine our understanding of wealth.

The core of the problem is simple yet terrifying: the US government’s insatiable appetite for debt, coupled with the relentless operation of the printing presses. This isn’t sustainable.

History shows us that such monetary policies eventually lead to a “reset,” often resembling a hyperinflationary environment where the value of the national currency plummets.

Imagine a scenario where the US dollar’s purchasing power drastically erodes. What then? The video highlights that in such an environment, the price of gold – real money – would surge, reflecting its true value against a devalued fiat currency.

In this volatile landscape, the narrative around stablecoins has gained traction, with some suggesting they could act as an artificial prop for US debt.

 However, the ITM Trading discussion raises a crucial warning: these very stablecoins, often pegged to the US dollar, could be devalued by the government itself. This isn’t an outright default, but a “silent default” – a surreptitious erosion of value that would collapse trust in the financial system and trigger widespread market crashes.

 It’s a reminder that anything reliant on a central authority carries inherent counterparty risk.

Amidst this uncertainty, the solution advocated is clear and timeless: physical gold and silver. This isn’t about speculation; it’s about wealth preservation and securing your financial future when traditional assets may falter.

The video makes a crucial distinction: avoid “gold-backed cryptocurrencies.” While they sound appealing, they carry the same counterparty risks as any other cryptocurrency. You don’t physically own the gold; you own a digital promise, subject to the whims and solvency of the issuing entity.

One of the challenges is instilling sound money principles in younger generations, a task that often requires patience and understanding as these concepts gradually take hold.

Interestingly, it’s not just independent thinkers raising these alarms. The video points to increasing institutional interest in gold, citing Goldman Sachs’ higher allocation recommendations. This signals that even Wall Street’s titans are becoming increasingly aware of the impending monetary risks, adding significant weight to the argument for precious metals.

The message from ITM Trading is one of preparedness, not panic. By understanding the accelerating risks and taking proactive steps to hold real money – physical gold and silver – you can build a robust shield against the coming financial upheaval.

 It’s not about fear; it’s about foresight, and safeguarding your purchasing power for the future.

https://youtu.be/InMwbIlKggU

Iraq Economic News and Points To Ponder Monday Afternoon 9-22-25

The Iraqi Stock Exchange Trades Shares Worth 4 Billion Dinars Within A Week.

Economy | 02:00 - 09/22/2025  Mawazine News - Baghdad -  The Iraq Stock Exchange announced on Monday that shares worth more than 4 billion dinars were traded last week.

The market reported that "the number of companies whose shares were traded last week reached 59 joint-stock companies, while the shares of 34 companies were not traded due to the lack of matching of buy and sell orders, while 11 companies remain suspended for failure to disclose their shares, out of 104 companies listed on the market."

According to the report, the number of traded shares reached 5 billion, 359 million, and 690 thousand shares, an increase of 68.5% compared to the previous week, with a financial value of 4 billion, 555 million, and 42 thousand dinars, an increase of 25% compared to the previous week through the execution of 4,053 transactions.

According to the market report, “the ISX60 traded price index closed at 964.24 points, recording a 10% increase compared to its closing in the previous session,” noting that “the number of shares purchased by non-Iraqi investors last week amounted to 95 million shares with a financial value of 395 million dinars through the execution of 102 transactions.

The number of shares sold by non-Iraqi investors reached 197 million shares, valued at 445 million dinars, through 133 transactions.

The Iraq Stock Exchange holds five trading sessions weekly, from Sunday to Thursday, and lists 104 Iraqi joint-stock companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels, and services sectors. https://www.mawazin.net/Details.aspx?jimare=267214

Central Bank: Iraq To Bid Farewell To Cash Payments In 2026E

Economy - 09/22/2025   Mawazine News – Baghdad  : The Central Bank expects July 2026 to be the date for ending cash payments in all government institutions and other facilities.

The Director of Supervision of Non-Banking Financial Institutions at the Bank, Durgham Musa, said in a statement to the official newspaper, followed by Mawazine News, that "the Central Bank, within the framework of legislation and regulations and under the direct supervision of Prime Minister Mohammed Shia al-Sudani and specialists in other ministries, has achieved progress in the field of electronic payments." He pointed out that "trillions of dinars have been paid electronically, in addition to the complete absence of cash transactions in the departments of the Ministry of Interior."

Musa described these indicators as "excellent," aspiring to generalize the experience to all state ministries, indicating "the existence of more than one initiative to encourage other state institutions to enter the framework of electronic digital payments."

He expected that "Iraq will completely abandon cash transactions in state institutions and other facilities in July of next year, thanks to the efforts and direct supervision of the government and the sectoral body represented by the Central Bank."   https://www.mawazin.net/Details.aspx?jimare=267191

Central Bank: Exports and imports to decline in the second quarter of 2025

Money and Business   Economy News – Baghdad  The Central Bank of Iraq announced, on Monday, a decline in exports and imports in Iraq during the second quarter of 2025.

The bank stated, in statistics reviewed by Al-Eqtisad News, that "Iraqi exports declined during the second quarter (Q2) of the current year to reach $23.285 billion, compared to imports in the first quarter (Q1), in which exports reached $24.112 billion."

According to the Central Bank's statistics, exports included crude oil worth $20.956 billion, petroleum product exports worth $981 million, and other exports worth $1.347 billion.

She explained that Iraqi imports also declined to $17.534 billion, compared to $18.158 billion in the first quarter. She noted that imports included government imports worth $1.813 billion and private sector imports worth $15.993 billion.  https://economy-news.net/content.php?id=60249

The Ministerial Economic Council Discusses Maximizing Non-Oil Revenues And Supports Initiatives To Support Agriculture And Industry.

Local   The Ministerial Economic Council discussed the Ministry of Water Resources' proposals to maximize non-oil revenues, stressing the importance of finding practical solutions that would contribute to supporting the state's general budget by increasing the ministry's revenues.

The Council also discussed the Ministry of Commerce's proposal to establish a commercial zone specializing in agricultural products and supplies. This zone would serve as a marketing and surplus export center, supporting the agricultural sector and contributing to boosting farmers' income.

In the same context, the Ministerial Council for the Economy decided that the General Directorate of Industrial Development would be responsible for granting establishment licenses for new factories producing primecoats, asphalt, and industrial solvents, in a move aimed at boosting local industrial activity and meeting market needs.

This comes as part of the government's drive to diversify sources of income and reduce dependence on oil, by supporting the agricultural and industrial sectors and enhancing their contribution to the national economy.   https://economy-news.net/content.php?id=60260

Al-Mandlawi To Barzani: Baghdad And Erbil Must Cooperate On The Budget And Wealth Management Issues.

Money and Business    Economy News – Baghdad   First Deputy Speaker of Parliament Mohsen al-Mandalawi stressed on Monday that the current phase requires high-level coordination between Baghdad and Erbil to address economic and security challenges, particularly those related to the budget and natural resource management in accordance with the constitution.

A statement issued by his office, received by Al-Eqtisad News, stated that "Mandlawi met with the President of the Kurdistan Region of Iraq, Nechirvan Barzani, in the presence of a number of representatives, to discuss a number of important national issues, foremost among them the relationship between the federal government and the region, and mechanisms for consolidating political and economic stability in the country."

Al-Mandlawi stressed that "the current phase requires high-level coordination between Baghdad and Erbil to address economic and security challenges, particularly those related to the budget and the management of natural resources in accordance with the constitution."

He stressed "the importance of unifying efforts to support the process of administrative and financial reform," noting that "addressing these issues will be a key step toward strengthening citizens' confidence in government institutions, both centrally and regionally." https://economy-news.net/content.php?id=60251

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

10 Genius Things Warren Buffett Says To Do With Your Money

10 Genius Things Warren Buffett Says To Do With Your Money

Elyssa Kirkham  Sun, September 21, 2025   GOBankingRates

Warren Buffett is commonly referred to as the most prophetic and respected investor of all time. He is also known for his folksy charm and memorable quotes about the art of investing. As the “Oracle of Ohama” has an estimated net worth of around $150 billion, the proof is in the pudding.

When you’re aiming to reach the top of the mountain and want a competitive advantage, it’s usually wise to follow the footprints of those who have successfully made the climb before you, to the tune of billions of dollars. Your odds of investing success can increase exponentially if you learn and apply Buffett’s best investing tips.

Never Lose Money

One of the most popular pieces of Buffett advice is as follows: “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” If you’re working from a loss, it’s that much harder to get back to where you started, let alone to earn gains.

Get High Value at a Low Price

Another key principle Buffett has shared is, “Price is what you pay; value is what you get.” Losing money can happen when you pay a price that doesn’t match the value you get — such as when you pay high interest on credit card debt or spend on items you’ll rarely use.

Instead, live modestly, or in the case of stocks Buffett recommends when approaching your investment strategy, start by looking for opportunities to get more value at a lower price. “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down,” he wrote. https://www.youtube.com/watch?v=dyKeZ6ogcpU

 Form Healthy Money Habits

In an address at the University of Florida, Buffett said, “Most behavior is habitual, and they say that the chains of habit are too light to be felt until they are too heavy to be broken.” Work on building positive money habits — and breaking those that hurt your wallet.

Avoid Debt, Especially Credit Card Debt

Buffett built his wealth by getting interest to work for him — instead of working to pay interest, as many Americans do. “I’ve seen more people fail because of liquor and leverage — leverage being borrowed money,” Buffett said in a 1991 speech at the University of Notre Dame. “You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.”

Buffett is especially wary of credit cards. His advice is to avoid them altogether. “Interest rates are very high on credit cards,” Buffett once said. “Sometimes they are 18%. Sometimes they are 20%. If I borrowed money at 18% or 20%, I’d be broke.”

Keep Cash on Hand

TO READ MORE:  https://www.yahoo.com/finance/news/10-genius-things-warren-buffett-190031207.html

“Tidbits From TNT” Monday 9-22-2025

TNT:

Tishwash:  The Foreign Minister arrives in New York to participate in the UN General Assembly meetings.

Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein arrived in New York City to participate in the meetings of the 80th session of the United Nations General Assembly, as part of the delegation headed by President Abdul Latif Jamal Rashid.

A statement by the Ministry of Foreign Affairs stated that the Minister is scheduled to hold a series of high-level bilateral meetings with a number of his counterparts, Foreign Ministers, in addition to meetings with political leaders on the sidelines of the General Assembly.

The Minister will also participate, according to the statement, in specialized meetings and events held within the framework of this session, which discuss the most prominent current international and regional issues.  link

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Tishwash:  Al-Sudani's advisor: Iraq is embarking on global projects that invest in human capital and its geographical location.

 Prime Minister's advisor, Hussein Allawi, confirmed that Iraq is embarking on massive strategic projects in the coming period, opening up global prospects for the country.

Allawi said, "The current government has achieved significant indicators for developing the non-oil economy, reflecting its continued approach over the past years . "

He added, "There are tremendous investment and economic opportunities in the country, in addition to an ambitious potential that the world is looking to and advancing towards in the fields of mineral resources, human resources, and Iraq's geographical location." 

He explained that "there are many investments, whether in the development road, the Grand Faw Port, or other strategic projects," stressing that "Iraq is keen on major projects that will open up many horizons for it on the regional and global levels."

"Investors will be keen on large strategic projects in modern economic sectors such as mineral resources and megaprojects," he said.   link

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Tishwash:  SOMO: Expected Increase in Iraqi Oil Exports... Millions of Dollars to Support the Budget

6 million barrels per month

The State Oil Marketing Organization (SOMO) announced on Sunday, September 21, 2025, that oil exports will rise to 6 million barrels per month after the voluntary cut ends. It indicated that this increase in exports will generate hundreds of millions of dollars in additional revenue that can be invested to support budget requirements.

The company's general manager, Ali Nizar Al-Shatri, said in a press statement monitored by Al-Jabal, "Iraq has achieved an increase in its oil exports after the voluntary reductions were gradually ended by the OPEC countries and the countries allied with them."

Al-Shatri explained that "Iraq was able to increase its oil production, which allowed it to raise the volume of its exports, based on a study of the oil market balance by OPEC and non-OPEC experts, who approved the possibility of making this increase."

He added, "Oil exports are the primary source of funding for the general budget. With current prices ranging between $65 and $68 per barrel, and an annual average of approximately $70, an increase of approximately 200,000 barrels per day, equivalent to 6 million barrels per month, will contribute to hundreds of millions of dollars in additional revenue that can be invested to support budget requirements."

He pointed out that "the Oil Marketing Company, through commercial agreements and profit-sharing projects with foreign companies, is working to generate greater revenues from the sale of conventional oil through ports. This is achieved by reselling a portion of the barrels on global markets when commercial opportunities arise or when certain companies demand it, thus generating additional profits above the official price."

He pointed out that "the company also activated a mechanism for selling spot shipments, which enabled the sale of a number of barrels at price premiums commensurate with the volume of demand and opportunities available in the global oil market."

On September 7, eight OPEC+ countries, including Iraq, agreed to increase oil production by 137,000 barrels per day, starting next October.

According to a statement issued by the alliance following a meeting held on the above date, " In light of the stable outlook for the global economy and the current good market fundamentals, as reflected in the decline in oil inventories, the eight participating countries have decided to implement a production adjustment of 137,000 barrels per day."

 The coalition indicated in its statement that it "could partially or fully resume pumping supplies of 1.65 million barrels per day, depending on market developments and on a gradual basis  link

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Mot:  Tah Dah - I Fixeded It - Allll bie Me Self I Did!!! 

Mot: Guys Be Careful of ""That"" Phone Call !!!!   

News, Rumors and Opinions Monday 9-22-2025

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. 22 September 2025

Compiled Mon. 22 September 2025 12:01 am EST by Judy Byington

Summary:

Recent updates, compiled by sources like Judy Byington, hint at a profound transformation underway – a “Restored Republic via a Global Currency Reset (GCR)” and the emergence of a revolutionary Quantum Financial System (QFS).

For those following these narratives, the anticipation is palpable, with reports from “Texas Snake” suggesting that long-awaited notices could arrive “prior to the end of the month” (September 2025). So, what exactly does this monumental shift entail?

The underlying premise of the GCR movement is a departure from the current fiat money system, which proponents argue has led to rampant inflation, economic bubbles, and a cycle of debt.

Historically, fiat currency, unbacked by tangible assets, granted governments and central banks unchecked power, culminating in crises like 2008. While digital currencies like Bitcoin emerged as alternatives, their volatility and other issues limited their mainstream adoption.

This new vision paints a picture of a “Bretton Woods 3,” where the crumbling system is replaced by a more just and equitable financial structure.

At the heart of this proposed revolution is the Quantum Financial System (QFS). Described as a secure, instant, and transparent alternative to traditional banking, QFS leverages quantum computing to resist fraud and record transfers on a distributed ledger.

The promise? To eliminate bank fees, delays, and third-party intermediaries, replacing them with direct, account-to-account transfers.

A cornerstone of this shift is the return to value-backed currency. The “Global Currency Reset” intends to place all national currencies at parity, making them gold-backed via digital gold certificates.

 Each certificate would be mapped to specific kilos of bullion, ensuring stable currency values independent of commodity price fluctuations.

The USN US Note is presented as a prime example, emerging “like a phoenix from the ashes of a broken financial system,” representing a return to money grounded in real, tangible assets.

The QFS, though not fully activated yet, is envisioned as virtually impenetrable, promising the highest levels of security, transparency, and efficiency, thereby restoring trust in financial systems.

The sentiment among those following these developments is one of profound expectation.

 The “mass awakening” is seen as imminent, with a “decisive turning point” anticipated before September 2025 concludes. Whether these prophecies unfold precisely as described, the narrative undeniably taps into a deep global yearning for a financial system that is not only stable and secure but also just and equitable.

As the financial world braces for what some believe is an inevitable overhaul, staying informed and understanding these alternative perspectives becomes crucial.

Are we truly at the precipice of a new financial era, one backed by gold and powered by quantum technology, promising a “heaven on earth”? The coming weeks and months, according to these reports, may hold the answer.

Read full post here:  https://dinarchronicles.com/2025/09/22/restored-republic-via-a-gcr-update-as-of-september-22-2025/

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Sudani...said to us today, we are a sovereign nation.  And he said to us we have a sovereign dinar.  And he said this will also help to strengthen all the foreign countries banks in the region around us...that will help carry to dinar to the world.  FRANK:  Oh, buddy...The world doesn't want 1310...The signing of the Islamic banks triggered this...Wow!  This is a massive step.

Mnt Goat   I recently was told...by my CBI contact that the long-term plan was never to reinstate the dinar for a very long time. That if it was not for the Trump administration and all the help so far from the US Treasury and other financial experts over the last years, it would be still be a very long time. But that we all need to know that since the Dr Shabibi attempt over 13 years ago lots has changed and  the Obama stagnation era of complicity with Iran is over. A new era for Iraq has started, a more progressive global era. An era of true independence. They are going to “normalize” Iraq and the reset is coming... 

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Paying For McDonald's With Silver - Mike Maloney on US Dollar Devaluation

9-20-2025

In this eye-opening video, Mike Maloney dives deep into the mechanics of inflation and currency devaluation, revealing how these economic forces are quietly eroding your purchasing power and wealth.

Drawing from his expertise in precious metals and monetary history, Mike breaks down the root causes, historical examples, and practical strategies to safeguard your finances in an unstable economy.

Whether you're new to investing or a seasoned pro, this episode is packed with actionable insights on why fiat currencies fail, the role of central banks, and why gold and silver remain timeless hedges against devaluation.

Key topics covered:

The difference between inflation and hyperinflation

How governments devalue money through printing

Real-world case studies from history (e.g., Weimar Republic, modern economies)

Tips for protecting your assets with precious metals

Timestamps:

 0:00 - Introduction to Inflation Devaluation

 5:45 - Historical Examples

12:30 - Modern Implications

18:15 - Protection Strategies

 25:00 - Q&A and Final Thoughts

https://www.youtube.com/watch?v=YkuyN0sFtJQ

Monday Coffee with MarkZ. 09/22/2025

Monday Coffee with MarkZ. 09/22/2025

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 morning everyone and welcome to Autumn

Member: Happy 1st day of Fall for sure

Member: Well summer is over. I pray we don't have to wait until next summer to see the RV.

Member: I would love to know what is truly holding this thing up, it just seems to keep dragging out.

Member: Have you heard that Vietnam could float the VND?

MZ: Yes . they are putting in a “mechanism” just like Iraq is. Vietnam is planning on doing the same thing Iraq is doing- going to a basket of currencies so their currency can fluctuate and change. This is exactly what Kuwait did when they revalued their currency. They are openly talking about this in Vietnam.

Member: Well what the heck are they waiting for. Enough talk….just do it!

Member: The era of fiat currency – money backed by nothing but government decree – is drawing to a close.

Member: The chatter that I’m seeing is the VND might just go alone. However, I’m hearing the rate might be interim before the real move.

Member: Mark,  When do you think silver will hit $50/oz?

MZ: I wouldn’t be surprised if silver hit $50/oz in the month of October

Member: Mark, any Reno or bond updates please? Thanks

MZ: Bonds are dead quiet this morning. Hopefully I will have news by tomorrow morning.

Member: Frank said this weekend that dinar RI plus 20% = 3.86?

 MZ: In Iraq: “ Iraq plans to increase oil production to 9.5 million barrels per day” This is big news. What could they need this added revenue for? Perhaps to pay for a revaluation???

MZ: We are hoping they start pumping oil through Turkey by tomorrow.

MZ: Russia has been warning Iraq that the US plans to attack Iranian factions in Iraq. Or these are Iraqi factions supported by Iran.  Also left over Isis members and other terrorists.

MZ: “The first is in Iraq: Al Sudani launches executive work on plastic pellet factory in Babylon”  they have the perfect ethanol in their oil for producing plastics. They want finished products coming out of Iraq.

MZ: They said they would do anything to support the value of their currency…..Just keep watching

​​Member: I wonder- What happens if the rv doesn't go before Iraqi elections and Sudanii does not get reelected?

Member: I would think its imperative to get it done by then.

MZ: “China says BRICS will soon take steps to introduce digital currency to challenge the US dollar” This BRICS currency is not supposed to be centralized. Not sure how this is going to work. I will be watching it closely.

Member: I heard the rumor that the reset want go till January 2026.

MZ: I am not hearing that at all. Some people think the longest this could go is July 4th 2026 because Judy Shelto and Jim Rickerds have made comments about gold backed treasuries that will back the new US dollar by then. They have seemed to give us a kind of “back wall date”

MZ: I am also hearing there was a heck of an effort to get it done last weekend. I here it’s a full court press to get it done.

Member: I am still hoping by the end of this fiscal year on Oct. 1st….which is only 8 days away.

 Member: I am still lookin at Oct 1, start of 4th quarter

Member: I will be happy when this ride is over it's been fun but ready to pull into the station

StacieZ joins the stream today. Please listen to the replay for her information

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=1MSv5pspaRM

MilitiaMan And Crew: IQD News Update-Exchange Rate Stability-Oil Flow-Salary-Tech

MilitiaMan And Crew: IQD News Update-Exchange Rate Stability-Oil Flow-Salary-Tech

9-22-2025

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

Follow MM on X == https://x.com/Slashn

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

https://www.youtube.com/watch?v=4Z6czaemw7o

Iraq Economic News and Points To Ponder Late Sunday Evening 9-21-25

"Due To Increased Oil Exports, SOMO" Reveals Millions Of Dollars In Revenue For Iraq.

Economy | 04:01 - 09/21/2025   Mawazine News - Baghdad -  The State Oil Marketing Organization (SOMO) announced on Sunday that increasing Iraq's exports after ending the voluntary cut to 200,000 barrels per day will generate millions of dollars in revenue.

The company's general manager, Ali Nizar Al-Shatri, said in a statement to the official agency, followed by Mawazine News, that "Iraq has achieved an increase in its oil exports after the gradual end of the voluntary cut by the OPEC and non-OPEC countries."

He explained that "Iraq was able to increase its oil production, which enabled it to raise the volume of its exports, based on a study of the oil market balance by OPEC and non-OPEC experts, who approved the possibility of this increase."

He added, "Oil exports are the main source of financing the general budget, and with current prices ranging between $65-68 per barrel, at an annual average of nearly $70, an increase of approximately 200,000 barrels per day, equivalent to 6 million barrels per month, will contribute to achieving hundreds of millions of dollars in additional revenues that can be invested to support budget requirements."

He pointed out that "the Oil Marketing Company is working, through commercial agreements and profit-sharing projects with foreign companies, to achieve greater revenues from selling conventional oil through ports.

This is achieved by reselling a portion of the barrels in global markets when commercial opportunities arise or demand from certain companies arises, which provides additional profits above the official price."

He noted that "the company has also activated the mechanism for selling spot shipments, which has enabled the sale of a number of barrels at price premiums commensurate with the volume of demand and available opportunities in the global oil market."  https://www.mawazin.net/Details.aspx?jimare=267160

Iraqi Oil Revenues Rise After Voluntary Cut Ends

energy   The State Oil Marketing Organization (SOMO) announced on Sunday that it achieved an increase in its revenues after ending the voluntary reduction.

The company's general manager, Ali Nizar Al-Shatri, said, "Iraq has seen an increase in its oil exports after the voluntary cuts by OPEC and allied countries gradually ended."

He explained that "Iraq has been able to increase its oil production, which has enabled it to raise the volume of its exports, based on a study of the oil market balance by OPEC and non-OPEC experts, who approved the possibility of making this increase."

He added, "Oil exports are the main source of funding for the general budget, with current prices ranging between $65 and $68 per barrel, and an annual average of approximately $70," adding, "With an increase in production estimated at approximately 200,000 barrels per day - equivalent to approximately 6,000,000 barrels per month - this will contribute to additional revenues estimated at hundreds of millions of dollars annually, as additional revenues that can be invested to support budget requirements."

He pointed out that "the Oil Marketing Company is working, through commercial agreements and profit-sharing projects with foreign companies, to generate greater revenues from the sale of conventional oil through ports.

This is achieved by reselling a portion of the barrels on global markets when commercial opportunities arise or when certain companies demand it, thus generating additional profits above the official price."

He pointed out that "the company also activated a mechanism for selling spot shipments, which enabled the sale of a number of barrels at price premiums commensurate with the volume of demand and opportunities available in the global oil market."  https://economy-news.net/content.php?id=60228

Central Bank And Monetary Policy Indicators For The First Half Of 2025

Samir Al-Nusairi   The Central Bank's monetary policy objectives are to achieve growth and economic stability, amidst the extremely complex economic, security, and political conditions facing the world, impacting our country both positively and negatively.

Our economy has suffered from these conditions for decades, due to the rentier nature of the economy and the fact that 93% of the general budget allocations are based on oil revenues, which constitute approximately 60% of the gross domestic product.

Meanwhile, the active productive economic sectors, namely agriculture, contribute 3% of the GDP, while industry does not exceed 2%, according to official data.

These are indicators that confirm the need to support, activate, and revolutionize the real sector to contribute to sustainable development, address shortcomings in local production, and address the failure of local producers to meet citizens' consumption needs for food and other basic commodities.

Therefore, the private commercial sector relied almost entirely on imports, and domestic trade was neither controlled nor regulated. Control over illegal trade and informal border crossings was weak, and the inflation rate was the most prominent challenge facing monetary policy, directly impacting exchange rate stability.

The inflation rate in January 2023 was around 7.5%, prompting the Central Bank to take numerous measures, in cooperation with the government, to regulate foreign trade financing, control foreign transfers, ensure regularity in the global financial and banking system, comply with international standards, and move away from the electronic platform.

And the implementation of its third strategy and the regular implementation of the comprehensive banking reform project.

By analyzing the monetary policy indicators for the first half of 2025, we note the building of foreign reserves of approximately $100 billion, and the gold reserves of the Central Bank recorded a significant growth rate of (55%), as their value reached (22) trillion dinars during the same period, compared to their value of (14.7) trillion dinars in the second quarter of 2024.

The decline in the issued currency contributed to a decrease in the inflation rate, which maintains the stability of the general price level, as the currency issued by the Central Bank recorded a decrease in the rate of (3.8%), as it reached (98.4) trillion dinars during the same period, compared to its value of (102.3) trillion dinars in the second quarter of 2024.

The decline in the inflation rate also indicates a decline in the general price level, as inflation recorded a low rate of (76%), reaching (0.8%) compared to the second quarter of 2024, which reached (3.3%). This confirms that the Central Bank was able to build basic pillars for monetary stability and achieve the most important objectives of monetary policy.    https://economy-news.net/content.php?id=60221

Gold Prices Fall In Baghdad

Stock Exchange  Economy News – Baghdad  Prices of both foreign and Iraqi gold fell slightly in local markets in the capital, Baghdad, on Sunday.

Gold prices in Baghdad's wholesale markets on al-Nahr Street this morning recorded a selling price of 735,000 dinars per mithqal of 21-karat Gulf, Turkish, and European gold, and a purchase price of 731,000 dinars, compared to last Saturday's price of 738,000 dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 705,000 dinars, and the buying price was 701,000 dinars.

As for goldsmiths, the selling price of a mithqal of 21-karat Gulf gold ranges between 735,000 and 745,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 705,000 and 715,000 dinars.    https://economy-news.net/content.php?id=60225

The Dollar Exchange Rate Has Fallen Again In Baghdad.

economy | 11:17 - 09/21/2025   Mawazine News - Baghdad -  The exchange rate of the US dollar against the Iraqi dinar witnessed a significant decline in local markets in Baghdad on Sunday.

The selling price reached 143,000 dinars for $100, while the buying price reached 141,000 dinars for $100.  https://www.mawazin.net/Details.aspx?jimare=267138

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