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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Ariel: Echoes of the Abyss

Ariel: Echoes of the Abyss

11-27-2025

A return to the Gold Standard, floated in Project 2025’s monetary policy appendix from September 2024, gains traction via Senator Mike Lee’s November 26 bill for a comprehensive Fort Knox audit, mandating refinement of 147.3 million ounces to “good delivery” bars by Q3 2026.

The White House’s May 23, 2025, executive action on “gold standard science” at whitehouse.gov extends metaphorically but literally ties into this, committing $900 billion in market-valued reserves up from $500 billion in 2023 to backstop dollar stability amid 4.1% IMF-projected inflation.

Ariel: Echoes of the Abyss

11-27-2025

A return to the Gold Standard, floated in Project 2025’s monetary policy appendix from September 2024, gains traction via Senator Mike Lee’s November 26 bill for a comprehensive Fort Knox audit, mandating refinement of 147.3 million ounces to “good delivery” bars by Q3 2026.

The White House’s May 23, 2025, executive action on “gold standard science” at whitehouse.gov extends metaphorically but literally ties into this, committing $900 billion in market-valued reserves up from $500 billion in 2023 to backstop dollar stability amid 4.1% IMF-projected inflation.

Lee’s legislation, introduced in the Dirksen Senate Office Building at 2 Constitution Avenue NE, timelines assays at the U.S. Mint in West Point, New York, cross-verified against LBMA standards from London vaults.

Trump’s November 20 nod during a Memphis speech at the FedExForum aligns this with NESARA/GESARA echoes, where gold certificates under 31 U.S.C. § 5118 redeem at $42.22 per ounce fixed rate, audited via blockchain ledgers piloted at the Denver Mint.

The S&P 500 to Gold ratio dipping below its 7-year average on November 25, per GoldSilver.com analytics, signals market buy-in, with 68% of institutional investors polling for partial backing by December per Bloomberg terminals.

Objections mount: Fed Chair Jerome Powell’s November 22 testimony at the Eccles Building warns of deflationary swings akin to 1933’s Great Contraction, yet Lee’s bill overrides with clauses for 10^6 logical qubits from Fermilab’s annealers to simulate outcomes.

Iraq’s dinar revaluation, long rumored in investor forums since the 2003 CBI peg at 1,310 IQD per USD, sees subtle shifts in Al-Obaidi’s November 24 Baghdad briefing, where parallel market volatility ties to U.S. sanctions lifts under Trump’s November 15 executive order.

The Central Bank of Iraq’s denial on November 24 via iraq-businessnews.com quells $3.30 RV hype from YouTube channels, but forecasts a managed appreciation to 1,217 IQD by December 2025 per EBC experts, but we know main stream media is not the source we get our actual news from.

Expect the opposite. But fueled by 4.1% GDP growth from oil exports at $85 per barrel.

Trump’s Andros Island evacuations overlap with Iraqi asset freezes: 14 trusts holding $8.2 million in Eastern-linked dinar holdings, per St. Thomas probate logs, face CBI scrutiny post-RV signals.

Prime Minister Mohammed Shia al-Sudani’s November 22 presser at the Republican Palace in Baghdad hints at BRICS non-alignment, rejecting new memberships per October 2024 summits, yet eyeing gold-backed dinar issuance tied to Mosul’s 1,200 km energy corridors.

Investor petitions on Facebook groups like “Dinar Investors” spike to 101,600 signatures by November 27, demanding transparency on $12.4 billion in frozen Daesh assets rerouted to CBI vaults.

World Bank models from September project 1.% inflation drop post-RV, enabling $50,000 PAC solicitations like Greene’s 2018 Maxwell conduit to convert at preferential rates.

As U.S. gold audits sync with Baghdad’s timelines, the dinar emerges not as a jackpot, but as the quiet fulcrum rebalancing post-cabal ledgers across the Gulf.

Humanity’s liberation arcs through these fissures, where the New Republic’s Phase II by March 2026 enacts universal basic agency from $2.4 trillion reallocations, per Treasury’s Vienna models, subsidizing “meta-creatives” in 68% of the workforce reskilled via Optimus deployments from Austin’s Gigafactory.

Gold quanta tokens, piloted on oracles post-Lee’s audit, exchange creative outputs for habitat rights, rendering fiat obsolescence as dinar appreciations to 1,217 IQD sync with BRICS gold pegs by Q1 2026.

Just thought I write something before I hang it up tonight. Happy Thanksgiving to you all. Enjoy the rest of your week.

Read Full Article:  https://www.patreon.com/posts/echoes-of-abyss-144560874

https://dinarchronicles.com/2025/11/27/ariel-prolotario1-echoes-of-the-abyss/

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Friday Afternoon 11-28-25

Good Afternoon Dinar Recaps,

Global FX Shaken as CME Outage Exposes Vulnerabilities in Dollar-Centered Infrastructure

System-wide freeze in currency futures raises structural questions about the world’s dominant financial rails.

Overview

  • FX futures trading was abruptly halted when CME Group suffered a data-center cooling failure, affecting dollar, euro, yen, and emerging-market currency derivatives.

  • Dollar momentum weakened as markets priced in a higher probability of a Federal Reserve rate cut.

  • The outage renewed global scrutiny of how heavily international finance depends on U.S.-based infrastructure for liquidity, settlement, and risk management.

Good Afternoon Dinar Recaps,

Global FX Shaken as CME Outage Exposes Vulnerabilities in Dollar-Centered Infrastructure

System-wide freeze in currency futures raises structural questions about the world’s dominant financial rails.

Overview

  • FX futures trading was abruptly halted when CME Group suffered a data-center cooling failure, affecting dollar, euro, yen, and emerging-market currency derivatives.

  • Dollar momentum weakened as markets priced in a higher probability of a Federal Reserve rate cut.

  • The outage renewed global scrutiny of how heavily international finance depends on U.S.-based infrastructure for liquidity, settlement, and risk management.

Key Developments

  • CME’s freeze disrupted EBS-linked currency futures, a cornerstone of global FX liquidity, cutting off access to essential hedging tools for institutions worldwide.

  • The U.S. dollar softened as traders recalibrated expectations on the Fed’s policy trajectory, with rate-cut speculation pressuring the greenback.

  • The simultaneous occurrence of a liquidity shock and currency revaluation intensified debate over whether global markets need redundant, non-Western FX infrastructure to avoid future systemic failures.

Why It Matters

The incident revealed how dependent global currency markets remain on a single operational hub inside the U.S. Even momentary outages can alter pricing, risk exposure, and capital flows across continents. As markets evolve toward multipolar frameworks, systemic interruptions like this strengthen the argument for diversified settlement systems beyond Western control.

Implications for the Global Reset

Pillar: Currency Diversification & Multi-Rail Settlement

A breakdown in dollar-centric FX markets strengthens the movement toward alternative transaction rails, including regional systems, BRICS-linked channels, and digital settlement frameworks aimed at reducing single-point vulnerabilities.

Pillar: Structural Shift in FX Liquidity Dynamics

The outage may accelerate future adoption of local-currency trading systems, digital FX mechanisms, and central-bank-driven liquidity networks, positioning them as hedges against operational fragilities in legacy platforms.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

 A Freeze in the Flow: Market Infrastructure Failure Ripples Through Global Liquidity

Futures paralysis disrupts hedging flows, challenges liquidity models, and reshapes late-November capital positioning.

Overview

  • A major CME Group outage disrupted trading across equities, FX, commodities, and Treasury futures, triggering the most significant liquidity shock of Q4.

  • Fund managers and institutions were forced to reprice risk, with hedging programs halted and derivative-linked exposures left unprotected.

  • The freeze raised systemic concerns about concentrated financial infrastructure and its role in global liquidity distribution.

Key Developments

  • The halt in CME’s markets interrupted hours of global derivatives activity, affecting everything from sovereign bond hedges to commodity spreads and currency protection strategies.

  • Analysts noted that the outage struck at the heart of global liquidity mechanics, particularly as the month-end rebalancing cycle was underway.

  • Asset managers warned of possible spillover volatility, as exposures that normally rely on rolling futures positions were frozen mid-cycle, affecting liquidity provisioning from Asia to Europe.

Why It Matters

This event underscored the fragility of today’s liquidity ecosystem. Derivatives markets are the backbone of institutional risk management, and when they go offline, liquidity thins instantly across asset classes. Combined with ongoing geopolitical uncertainty and shifting interest-rate expectations, the outage highlights the vulnerability of centralized financial hubs during a time of global rebalancing.

Implications for the Global Reset

Pillar: Liquidity Fragmentation & Alternative Funding Channels

The shock may accelerate efforts by emerging blocs to build independent liquidity centers, reducing exposure to disruptions on Western-controlled infrastructure and enabling multi-polar capital flows.

Pillar: Transition to Regional and Non-Dollar Systems

As institutions reevaluate risk linked to centralized exchanges, sovereigns and central banks may explore parallel settlement networks, regional clearing hubs, and commodity-linked instruments aimed at distributing liquidity more evenly across global markets.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

5 Things In Your Home That Could Be Worth A Fortune By 2030

Finance guru reveals 5 Things In Your Home That Could Be Worth A Fortune By 2030

Before you toss out that old tech or childhood toy, an investment pro says these everyday items could be worth thousands within the decade.

Finance guru reveals 5 Things In Your Home That Could Be Worth A Fortune By 2030

Jill Schildhouse     Fri, October 10, 2025

Before you toss out that old tech or childhood toy, an investment pro says these everyday items could be worth thousands within the decade.

An investment expert is urging Americans to dig through their attics and garages—because some of what’s gathering dust could fund their retirement by 2030.

Adam Koprucki, founder of Real World Investor, says many people are unknowingly sitting on collectibles that are appreciating faster than traditional investments. “Most people throw away items that could pay for their retirement in just a few years,” he says. “The truth is, certain everyday objects sitting in your home might be worth more than your stock portfolio by 2030.”

Koprucki points to vintage tech, pop-culture collectibles, and nostalgia-fueled memorabilia as the next frontier for investors. The U.S. collectibles market hit $62 billion in 2024 and is projected to grow to $83.7 billion by 2030, according to data from Grand View Research.

1. Vintage tech

First-generation Apple products are leading the charge. “Original Apple products continue their rise in popularity among collectors,” Koprucki explained. “The first iPhone, released in 2007 for $499, now sells for more than $20,000 sealed in its box—and could easily surpass $50,000 by 2030.”

2. Toys, comics, and trading cards

From Star Wars action figures to Pokémon cards, nostalgia remains a gold mine. Koprucki says sealed Transformers toys from the 1980s can reach $20,000, while first-edition Harry Potter books that once cost under $20 now fetch over $50,000. Condition is everything—mint items in original packaging can be worth ten times more than used versions.

3. Vintage video games

TO READ MORE:  https://creators.yahoo.com/lifestyle/story/finance-guru-reveals-5-things-in-your-home-that-could-be-worth-a-fortune-by-2030-211315832.html

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Coffee with MarkZ, joined by Mr. Cottrell and MilitiaMan. 11/28/2025

Coffee with MarkZ, joined by Mr. Cottrell and MilitiaMan. 11/28/2025

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

MZ:  We have an all-star lineup this morning, MM tackles the latest out of Iraq and the Codeman takes questions.

Member: Good Morning…Hope everyone had a wonderful Thanksgiving Day

Coffee with MarkZ, joined by Mr. Cottrell and MilitiaMan. 11/28/2025

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

MZ:  We have an all-star lineup this morning, MM tackles the latest out of Iraq and the Codeman takes questions.

Member: Good Morning…Hope everyone had a wonderful Thanksgiving Day

Member: I hope everyone had a great Thanksgiving and are all stuffed …hopefully the Rv will hit and our bank account will be stuffed

​Member: I've Never 'Counted On It'. It Happens Or It Doesn't. But All Indications Are, It Is Happening, But In Slo Mo

Some Technical problems at the beginning…..but fixed within a couple minutes

Member: Is the stock market closed today?

MZ: The stock market is supposed to close at 1:00 (est?) today because of the weather . Wallstreet- most of the traders are not there anyway…..they can work at home on the computers. I am calling BS on the weather excuse.

Member: Hope its “RV “ related….

Member: I always thought that Fridays- after the markets close for the weekend was a good time to change rates…..and this is a big weekend. Many banks are closed for 4 days.  

Member: the last time the stock market closed for weather was during hurricane Sandy Oct 29 th 1998

MZ: I found this interesting – over the holiday President Trump took the time to meet with Mark Savaya – his envoy to Iraq. Turmp has to worry about countries and envoys all over the world…..but its interesting that he took the time (on Thanksgiving ) to meet with the envoy to Iraq. Hopefully this means something

Member: Meeting the envoy from Iraq on Thanksgiving day, must be very important

Member: Frank26 is very excited about Dec 1st in Iraq. That would be Monday

Member: Sunday…Iraq is going to be able to do…cross border trade. Cross Border exchange…all the countries in the world…will be able to begin trade at new rates with Iraq

Member: Isaac (bond holder)  said he might have a good update maybe Tuesday or Wednesday

MZ: No new Bond updates …My banker/redemption folks are not scheduled to work this weekend. I am not looking for any “Hail Marys “ this weekend – but I am looking for “soon”

Member: I pray we all have a Christmas to remember this year…….

MilitiaMan joins the stream at this point….then Mr. cottrell…then CBD Gurus

Mod: NO PODCAST ON FRIDAY NIGHTS

Mr. Cottrell, MilitiaMan and The CBD Guru’s join the stream today. Please listen to replay for all of their information and opinions

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=KG8B6pcJw3Q

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Trump’s Plan to Bring Back the Gold Standard (The Hidden 2027 Reset)

Trump’s Plan to Bring Back the Gold Standard (The Hidden 2027 Reset)

Histofund:  11-27-2025

The media says “the dollar is strong” and “gold is outdated,” but behind closed doors, the U.S. government, BRICS nations, and central banks worldwide are preparing for the most radical monetary shift in 100 years — a return to gold-backed money.

And Donald Trump has already said the quiet part out loud: “We will restore sound money. The dollar will be backed by something real again.”

Trump’s Plan to Bring Back the Gold Standard (The Hidden 2027 Reset)

Histofund:  11-27-2025

The media says “the dollar is strong” and “gold is outdated,” but behind closed doors, the U.S. government, BRICS nations, and central banks worldwide are preparing for the most radical monetary shift in 100 years — a return to gold-backed money.

And Donald Trump has already said the quiet part out loud: “We will restore sound money. The dollar will be backed by something real again.”

This video exposes the hidden (possible) 2027 reset — a historic revaluation of gold that could create millions for those who prepare, and wipe out 90% of the wealth for those who don’t.

We use historical patterns, national security documents, monetary math, and Trump’s own advisors to show why a gold standard comeback is no longer a conspiracy — it’s a countdown.

 WHY TRUMP NEEDS THE GOLD STANDARD:

 • $36 trillion federal debt — unpayable without a reset

• $1.2 trillion yearly interest — bigger than defense spending

• Dollar reserves falling as countries abandon USD

• BRICS preparing gold-backed competitor currency

 • National security justification: destroy China’s monetary strategy

 THE 3 PILLARS ARE COLLAPSING:

1️⃣ RESERVE STATUS: USD share down from 71% → 58% in 20 years

2️⃣ PETRODOLLAR: Saudi Arabia accepting yuan for oil

3️⃣ MILITARY ENFORCEMENT: Too expensive with rising debt

CENTRAL BANKS KNOW — THEY’RE BUYING:

✔ 3,100+ tons of gold accumulated in 3 years

 ✔ Fastest buying since 1970s — right before Nixon ended gold backing

✔ China + Russia secretly increasing reserves THE TIMELINE POINTS TO 2027:

• 1971 → 2027 = 56 years (historical reset cycle)

 • Trump’s second-term midpoint — maximum political power

• BRICS currency launch expected 2025-26 → U.S. must move first

• Debt crisis peaks around 2027 → emergency action inevitable

THE RESET PLAYBOOK (Same as 1933 & 1971):

1️⃣ Declare national economic emergency

2️⃣ Restrict citizen gold ownership (5 oz/person limit likely)

3️⃣ Confiscate excess gold at low payout price

4️⃣ Revalue gold to $10K-$20K/oz overnight (10X wealth transfer)

5️⃣ Gold-backed “new dollar” introduced — Bretton Woods 2.0 WINNERS vs LOSERS:

🏆 WIN: Gold holders, miners, foreign gold vaults, hard asset owners

 💀 LOSE: Dollar holders, bond holders, pension funds, foreign creditors

THE WEALTH TRANSFER:

• $2 million → $20 million if positioned correctly

• $1 million savings → $100K purchasing power if unprepared

• Middle class → evaporates as savings turn to dust KEY SOURCES & HISTORICAL PROOF:

• Executive Order 6102 (1933 gold confiscation)

• Gold Reserve Act revaluation from $20.67 → $35 (69% jump)

 • Nixon Shock ending gold redemption in 1971

 • Federal Reserve, IMF, WGC central bank gold data

• BRICS expansion + gold-backed settlement proposals This is the largest monetary transformation since 1971.

If Trump executes this strategy — whether by choice or by crisis — the global financial system flips.

And once the reset is announced, it will already be too late. Your wealth depends on whether you act before 2027.

https://www.youtube.com/watch?v=JKQsu-ogKv8

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Friday Morning 11-28-25

Good Morning Dinar Recaps,

CME Outage Jolts Global Markets as November Ends on a Fragile Upswing

Global equities steady, but a rare futures-market shutdown exposes deep structural risks.

Good Morning Dinar Recaps,

CME Outage Jolts Global Markets as November Ends on a Fragile Upswing

Global equities steady, but a rare futures-market shutdown exposes deep structural risks.

Overview

  • Global stocks ended November on firmer footing, supported by expectations of a potential Federal Reserve rate cut.

  • A massive CME Group outage froze trading in major futures — including equities, FX, commodities, and Treasuries — revealing vulnerabilities in core market infrastructure.

  • Investors pivoted into safe-haven positioning, with volatility elevated as traders reassessed risk across sectors.

Key Developments

  • CME Group halted trading after a cooling-system failure at its Illinois data center, affecting futures tied to the S&P 500, crude oil, gold, the dollar, and U.S. Treasuries.

  • Asian equities rose modestly, ending a difficult month in recovery mode, as global risk appetite improved on softer U.S. inflation readings and rising expectations for policy easing.

  • Derivatives, hedging flows, and overnight price discovery were disrupted, prompting fund managers to revise exposure strategies ahead of December positioning.

Why It Matters

The CME shutdown struck at the core of global price-setting mechanisms. Futures are the backbone of institutional hedging, and a halt across asset classes disrupts liquidity, risk management, and capital flows. Combined with shifting expectations around U.S. monetary policy, this event underscores the fragility of market infrastructure during a period already marked by geopolitical and financial uncertainty.

Implications for the Global Reset

Pillar: Market Stability & Systemic Resilience

The outage highlights structural weaknesses inside global trading architecture. As markets move toward multipolar finance, reliance on a small number of U.S.-centric exchanges exposes nations to operational risks they cannot control.

Pillar: Transition to Alternative Mechanisms

As volatility rises, sovereigns and institutions may accelerate diversification of hedging tools and settlement venues, opening the door to regional or BRICS-aligned platforms designed to reduce dependency on Western infrastructure.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Metals Steady as Oil Faces Fourth Monthly Decline Amid Global Market Disruptions

Commodities tighten as investors balance safe-haven positioning with supply-driven oil pressure.

Overview

  • Gold held firm as traders sought safety during a rare outage on CME Group’s futures exchange.

  • Oil remains under pressure, with Brent stabilizing but WTI facing technical disruption and oversupply concerns.

  • Commodity markets brace for volatility, as geopolitical risk and infrastructure fragility reshape demand expectations.

Key Developments

  • Gold saw renewed support as the CME outage froze futures trading, disrupting normal price discovery and hedging behavior.

  • Brent crude held steady despite weakened demand forecasts, while WTI crude was directly affected by halted trading, adding uncertainty to month-end positioning.

  • Oversupply concerns — combined with energy-sector uncertainty tied to Russia–Ukraine negotiations and OPEC deliberations — weighed heavily on crude’s fourth straight monthly decline.

Why It Matters

The metals and commodities complex is moving into December with heightened instability. Gold’s resilience underscores global investor anxiety, while oil’s persistent weakness signals structural demand concerns. With commodity markets directly tied to geopolitical risk and macro liquidity conditions, these shifts highlight how fragile global supply-and-pricing systems have become.

Implications for the Global Reset

Pillar: Strategic Resource Revaluation

As energy volatility persists, nations looking to insure against shocks may accelerate diversification into gold and critical metals, reinforcing the long-term trend toward non-dollar stores of value.

Pillar: Energy Market Realignment

Continued pressure on crude oil prices — in tandem with supply uncertainties — strengthens the incentive for countries to reconfigure trade routes, storage strategies, and currency-based settlement frameworks within emerging blocs.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Read More
Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Friday Morning 11-28-2025

TNT:

Tishwash:  Trump's envoy receives presidential directives regarding the Iraq file

US President Donald Trump's envoy to Iraq, Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration.

"I was honored to receive the directives for the Iraq mission from the Commander-in-Chief," Savaya said in a post on the X platform on Friday, November 28, 2025.

He added, "It was a pleasure meeting you, Mr. President, and it was truly an exceptional way to celebrate Thanksgiving."

TNT:

Tishwash:  Trump's envoy receives presidential directives regarding the Iraq file

US President Donald Trump's envoy to Iraq, Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration.

"I was honored to receive the directives for the Iraq mission from the Commander-in-Chief," Savaya said in a post on the X platform on Friday, November 28, 2025.

He added, "It was a pleasure meeting you, Mr. President, and it was truly an exceptional way to celebrate Thanksgiving."

Mark Savaya, President Donald Trump’s envoy to Iraq, vowed to pursue and hold accountable the armed groups that targeted the Kor Mor gas field, describing them as tools of “hostile foreign agendas,” in the first firm response from the Trump administration to the attack.

In a post on the “X” platform (formerly Twitter), Savaya commented on last night’s attack, saying: “Armed groups operating illegally and driven by hostile foreign agendas carried out the attack on the Kormor field,” demanding that the Iraqi government “identify the perpetrators and bring them to justice immediately.”

A message that is "unequivocal"

President Trump's envoy issued a stern warning to the armed factions, saying: "Let me be clear and unequivocal: there is no place for such armed groups in a fully sovereign Iraq," adding a direct American pledge: "The United States will fully support these efforts... Every illegal armed group and those who support it will be pursued, confronted, and held accountable."

Strong support for Kurdistan

Savaya stressed the firm American position towards the region, affirming that "Washington supports a strong Kurdistan within a unified and stable Iraq."

The US official urged Baghdad and Erbil to "deepen security cooperation and work closely to protect vital economic and energy infrastructure."

Trump's envoy concluded his post by renewing the commitment to help Iraq build its national forces, saying: "Together, we will continue to protect Iraq's resources, defend its sovereignty, and ensure the security and well-being of all its citizens."  link

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

Tishwash:  The Governor of the Central Bank of Iraq participates in the Arab Banking Conference 2025

The Union of Arab Banks organized He noted that Iraq is moving steadily towards building a strong and modern banking sector, capable of leading financial and economic transformation by enhancing monetary and financial stability and strengthening the banking sector's capabilities to be more supportive of sustainable development.

 This will be achieved by relying on the best management and governance standards, and by transitioning towards digitalization and financial and technological innovation. He stressed the importance of consolidating financial inclusion and ensuring the integration of the financial system with the formal economic cycle. 

His Excellency explained that the Central Bank continues to work on implementing a multi-year strategic vision aimed at supporting local and foreign investment and enabling the banking sector to play its vital role in developing the national economy. In closing, His Excellency expressed his gratitude to the Union of Arab Banks and the organizing bodies, stressing the Central Bank of Iraq’s commitment to strengthening cooperation with Arab brothers and developing a more stable, growing and innovative financial environment.

Central Bank of Iraq, 
Media Office, 
November 27, 2025  link

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

Tishwash:  Central Bank Governor: Digital currency will solve 90% of the problems in the Iraqi financial system

The Governor of the Central Bank of Iraq, Ali Al-Alaq, affirmed on Thursday that lasting solutions must be built in a way that closes the gaps in the financial system. He explained that the tools available today, especially modern technology, offer effective solutions and address many of these gaps.

Al-Alaq said during the "Investing in Reconstruction... The Role of Banks" conference in Beirut that "the main problem between the Iraqi treasury and society is the use of the dollar in cash within Iraq, which is a normal social matter in Iraqi society. He added: "We have worked on this issue and presented other alternatives that reduce dependence on cash, and we have developed the financial system so that cash dollars are restricted to travelers only."

He explained that the "traveler's dollar" system prevents any attempts at circumvention, emphasizing that the US Federal Reserve indicated Iraq ranks first in controlling the use of cash dollars within the country. He noted that these measures have reduced the use of foreign currency by 80% and shifted the majority of domestic financial transactions to the Iraqi dinar.

Al-Alaq concluded his remarks by noting that work is underway to develop the digital currency, which is expected to solve about 90% of the financial problems in Iraq, stressing that this step represents one of the radical solutions for the financial system in the country.  link

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

Tishwash:  Rumors and panic: What’s really behind Iraq’s financial scare?

 Economic confusion spread across Iraq in recent days as claims of “missing funds,” “salary delays,” and “cut livelihoods” circulated widely on social media and some media outlets.

The speculation focused on allegations that nearly $2B had disappeared from the Social Protection Fund of the Ministry of Labor and Social Affairs, coinciding with a brief delay in salary payments for employees in several state institutions.

Fake News

Financial adviser to the caretaker prime minister, Mudher Mohammed Saleh, dismissed the claims as unfounded, describing them as part of a “heated political season” in which negative rumors about Iraq proliferate.

Saleh told Shafaq News that Iraq maintains a strong financial capacity supported by solid oil revenues and non-oil income. He added that salaries, pensions, and social protection programs remain at the top of government priorities, noting that occasional delays can occur for simple technical reasons.

“The current wave of fear-driven narratives has created unnecessary public anxiety,” he said, stressing that Iraq is neither under siege nor at war, and that financial and monetary policies remain focused on ensuring stable living conditions, from food support programs to salaries and infrastructure.

Saleh concluded that talk of salary cuts, a devalued dinar, or economic collapse amounts to “lies built on lies.”

USD Prices Stable

Earlier, the dollar spiked in Iraq’s parallel market as traders reacted to the government’s upcoming 1 December pre-payment customs rule. Most traders halted dollar sales shortly, putting immediate pressure on the parallel rate and causing noticeable volatility across several provinces.

Alaa Al-Fahad, a member of the media office at the Central Bank of Iraq, affirmed that the bank has no intention of changing the official exchange rate of 1,320 dinars per US dollar.

Current monetary policy, he explained, aims to protect this rate, strengthen public confidence in the banking sector, and support Iraq’s international commitments, noting that exchange-rate stability has pushed inflation into negative monthly levels, helping stabilize prices.

Al-Fahad added that fluctuations in the parallel market stem largely from speculation driven by news and rumors, “while the Central Bank continues to finance foreign trade at the official rate and to meet all legitimate dollar requests.”

Financial Risks

Economic expert Nawar Al-Saadi warned that public fears regarding vanished funds or disrupted incomes should not be dismissed as merely another corruption narrative, arguing that such concerns reflect deeper vulnerabilities in the national economy.

Al-Saadi told our agency that Iraq faces structural financial pressures, a diminishing capacity to absorb shocks, as well as administrative and fiscal burdens that undermine public accounts while eroding citizens’ trust in the state.

He said that declining transparency and weak governance increase the cost of public services, raise unemployment, and heighten the risk of protests. Al-Saadi called for urgent steps, including public disclosure of disputed financial files, independent investigations, expanded social protection for low-income families, and reforms to customs and tax systems to boost non-oil revenues.

Over the medium term, he urged restructuring of wages and public spending and directing investment toward productive sectors to reduce reliance on oil and curb waste.

Economic Governance

In a separate assessment, economic expert Karim Al-Halo said meaningful reform cannot be achieved without comprehensive governance of the financial system.

He confirmed to Shafaq News that public and societal funds must be kept within banks and financial institutions to prevent liquidity crises, arguing that “without this step, no serious reform can take hold.”

Al-Halo said Iraq remains behind in this area “either by design, as a result of administrative shortcomings, or due to corruption,” leaving the economy exposed to shocks and vulnerable to any rumor or crisis.  linj

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

Tishwash:  ole ""Earl"" getting ready for Christmas!!! 

Mot:  how bout a ""Motisum"" on Dealing with a Telemarketer~~ 

 

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Happy Thanksgiving from Dinar Recaps

Happy Thanksgiving from Dinar Recaps

​​Note: we will not be doing a 10pm ET email Newsletter today, Thursday.

Our 6pm Newsletter will likely be sent between 6-7pm (ET).

Please check our BLOG PAGE throughout the day for any new posts.

All of the Dinar Recaps Team Wish You and Your Family a Happy and Safe Thanksgiving

Happy Thanksgiving from Dinar Recaps

​​Note: we will not be doing a 10pm ET email Newsletter today, Thursday.

Our 6pm Newsletter will likely be sent between 6-7pm (ET).

Please check our BLOG PAGE throughout the day for any new posts.

8500498e-de03-4927-afaf-22a51a30ebf9%5B1%5D.jpg

All of the Dinar Recaps Team Wish You and Your Family a Happy and Safe Thanksgiving

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Thursday Evening 11-27-25

Happy Thanksgiving Dinar Recaps,

U.S. and Taiwan Advance Trade Talks to Strengthen America’s Semiconductor Workforce

Washington seeks Taiwanese investment, training, and industrial cooperation to close the high-tech skills gap.

Happy Thanksgiving Dinar Recaps,

U.S. and Taiwan Advance Trade Talks to Strengthen America’s Semiconductor Workforce

Washington seeks Taiwanese investment, training, and industrial cooperation to close the high-tech skills gap.

Overview

  • The Trump administration is negotiating a trade deal with Taiwan aimed at boosting U.S. semiconductor manufacturing capacity and workforce skills.

  • Taiwanese firms — including major players such as TSMC — may commit capital, staff, and technical training for U.S. workers.

  • Discussions also include possible tariff reductions on certain Taiwanese exports, though semiconductors already enter the U.S. duty-free.

  • The proposed partnership would expand U.S.-based operations for Taiwanese advanced-industry giants while preserving their most advanced technologies in Taiwan.

  • The deal aligns with the administration’s broader effort to secure supply chains across AI, electronics, and national security sectors.

Key Developments

  • Workforce development at the center: U.S. and Taiwanese negotiators are discussing training hubs, on-site skill-transfer programs, and long-term technical exchange.

  • Capital investment opportunities: TSMC, Foxconn, and GlobalWafers could expand or accelerate their U.S. facility plans under new trade incentives.

  • Strategic competition backdrop: The move positions Washington to compete with South Korea and Japan, both of which have launched massive semiconductor-investment partnerships.

  • Geopolitical angle: Beijing is expected to scrutinize the negotiations as deeper Taiwan-U.S. industrial ties raise sensitivities around Taiwan’s political status.

  • Tariff considerations: While chip imports are already exempt, tariff adjustments on related high-tech components could shape cross-Pacific supply chains.

Why It Matters
Semiconductors are central to national security, AI leadership, and advanced manufacturing. By importing Taiwanese expertise — the most sophisticated in the world — the U.S. aims to rebuild domestic industrial capacity while reducing strategic dependence on foreign chipmaking. A successful agreement would shift global talent flows, stimulate U.S. high-tech job creation, and alter competitive dynamics among major semiconductor-producing nations.

Implications for the Global Reset

  • Pillar — Industrial Sovereignty & Supply Chain Security: A U.S.-Taiwan training and investment deal bolsters America’s manufacturing resilience and positions it for a larger role in the global semiconductor realignment.

  • Pillar — Geopolitical Technology Competition: Strengthened Taiwan-U.S. ties may escalate U.S.–China tensions, influencing trade flows, diplomatic calculations, and the global balance of semiconductor capabilities.

What’s Next
Negotiations remain fluid as officials exchange draft commitments on training, capital investment, and technology-protection boundaries. Any final agreement must reconcile U.S. ambitions for domestic expansion with Taiwan’s priority to safeguard its most advanced chip designs and fabrication processes. Further updates are expected as both sides refine their strategic and economic terms.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Sanctions on BRICS Could Spark U.S. Economic Turbulence
New energy-sector pressure and trade-flow disruptions show how targeting BRICS may backfire on the West’s own economies.

Overview

  • Recent U.S. sanctions on BRICS-aligned nations have disrupted traditional oil trade flows, forcing countries like India, China, and Brazil to seek alternative suppliers or renegotiate deals.

  • Executives at Rosneft warn that sanctions on BRICS will aggravate global supply-chain stress, increase energy-market volatility, and potentially drag down Western economies — including the U.S.

  • The shift signals a broader realignment of global energy and trade networks, weakening dollar-centric structures and boosting the strategic value of commodity and resource-rich nations.

Key Developments

  • The sanctions were designed to curb oil procurement by BRICS members, but in practice have prompted these nations to diversify supply away from Western-controlled sources.

  • Rosneft publicly stated that the aggressive sanctions regime will likely accelerate economic problems in Western countries, as energy prices, inflation, and supply-chain risk rise.

  • As BRICS nations reposition trade flows, traditional financial dominance and trade mechanisms — long anchored in the West — face growing strain.

Why It Matters

Sanctions aimed at weakening rival powers may undermine the economic stability of those applying them. By targeting a bloc that controls a significant share of global oil output, Western-led sanctions risk creating blowback in energy costs, inflation, and trade disruption — ultimately harming the U.S. and allied economies.

This dynamic exemplifies a core principle of the emerging global reset: when power is distributed more broadly, attempts to impose unilateral dominance can destabilize the imposed structure itself.

Implications for the Global Reset

Pillar: Institutional Realignment & Power Redistribution
As BRICS nations reroute energy and trade flows, dominance of Western-led financial and trade institutions may erode — ushering in alternative systems centered on resource-rich and multipolar alliances.

Pillar: Strategic Commodities as Leverage
Oil, energy, and natural resources become central levers in global economics and politics. Control and access to these commodities may shift — favoring nations aligned with BRICS and away from traditional Western-dominated supply chains.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Francis Hunt: First Innings for Gold, Hyper Stagflation & Why Platinum Will Outperform Silver

Francis Hunt: First Innings for Gold, Hyper Stagflation & Why Platinum Will Outperform Silver

Palisades Gold Radio:  11-27-2025

Stijn Schmitz welcomes Francis Hunt to the show. Francis Hunt is the Renegade Trader, Analyst, & Founder of The Market Sniper.

 In this wide-ranging discussion, Hunt presents a comprehensive view of the current economic landscape, focusing on precious metals, debt, and potential financial system transformations.

Francis Hunt: First Innings for Gold, Hyper Stagflation & Why Platinum Will Outperform Silver

Palisades Gold Radio:  11-27-2025

Stijn Schmitz welcomes Francis Hunt to the show. Francis Hunt is the Renegade Trader, Analyst, & Founder of The Market Sniper.

 In this wide-ranging discussion, Hunt presents a comprehensive view of the current economic landscape, focusing on precious metals, debt, and potential financial system transformations.

Hunt argues that the world is experiencing a significant economic paradigm shift characterized by debt debasement and financial repression.

 He believes we are in the early stages of a precious metals bull market, with gold, silver, and particularly platinum presenting substantial investment opportunities.

He emphasizes the scarcity of these metals, especially platinum, which he sees as dramatically undervalued compared to its rarity.

Timestamps:

 00:00:00 - Introduction

00:00:50 - Precious Metals Bull Thesis

00:01:50 - Bull Market Top Criteria

 00:03:45 - AI Contagion and Debasement

 00:07:48 - Debt-Fiat Debasement Era

00:11:45 - Stablecoins and Bailouts

00:12:55 - Gold vs Bitcoin Liquidity

00:15:35 - US Gold Revaluation Skepticism

00:18:42 - BRICS Gold-Backed Currency

 00:24:52 - Crisis Opportunity Strategies

 00:27:17 - Silver Scarcity and Ratio

 00:39:09 - Platinum Monetary Potential

 00:45:26 - Hyperstagflation and Super-Cycle

 00:55:48 - Market Sniper Wrap Up

https://www.youtube.com/watch?v=_CF9tF1w2XM

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

The Debt Spiral Is Here… Now A New System Must Emerge | Luke Gromen

The Debt Spiral Is Here… Now A New System Must Emerge | Luke Gromen

Market Disruptors:  11-27-2025

In this conversation, we unpack how fiscal dominance, collapsing Treasury demand, and the end of the post-WWII dollar order are forcing the U.S. toward a new regime built on financial repression, inflation, and neutral settlement assets like gold and Bitcoin.

 Luke explains why the old system can’t survive its own math, what the next monetary era will look like, and how investors can position for the global reset already underway.

The Debt Spiral Is Here… Now A New System Must Emerge | Luke Gromen

Market Disruptors:  11-27-2025

In this conversation, we unpack how fiscal dominance, collapsing Treasury demand, and the end of the post-WWII dollar order are forcing the U.S. toward a new regime built on financial repression, inflation, and neutral settlement assets like gold and Bitcoin.

 Luke explains why the old system can’t survive its own math, what the next monetary era will look like, and how investors can position for the global reset already underway.

This is the blueprint for understanding the new system that must emerge—and what it means for wealth, power, and the future of the U.S. economy.

0:00 — The U.S. enters a precarious fiscal equilibrium

4:12 — Foreign buyers aren’t coming back to Treasuries

8:45 — Why AI accelerates the debt crisis

12:28 — Fiscal dominance becomes the new reality

17:50 — Treasury market stress reaches a breaking point

22:34 — The entitlement system hits its mathematical limits

 27:06 — Inflation becomes policy, not an accident

32:40 — Gold and Bitcoin shift from trade to trend

37:58 — Why repression will define the next decade

43:21 — What the new monetary system must look like

https://www.youtube.com/watch?v=8Ns0ongHR0k

 

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 11-27-25

Happy Thanksgiving Dinar Recaps,

Army Suspends Election Process, Declares Rule in Guinea-Bissau  

Military faction declares control one day before contested election results were to be announced.

Happy Thanksgiving Dinar Recaps,

Army Suspends Election Process, Declares Rule in Guinea-Bissau  

Military faction declares control one day before contested election results were to be announced.

Overview

  • A group of army officers in Guinea-Bissau says it has seized control of the country, forming a “High Military Command for the Restoration of Order.”

  • Gunfire was heard near key government buildings in the capital before subsiding after roughly an hour.

  • The announcement comes one day before the national electoral commission was expected to release results from a disputed presidential race.

  • Both incumbent President Umaro Sissoco Embaló and opposition candidate Fernando Dias had already claimed victory.

  • The military command says it will run the nation “until further notice,” suspending civilian authority during the crisis.

Key Developments

  • Timing suggests election-related trigger: The power seizure occurred on the eve of the official results announcement, raising questions about military alignment in the political dispute.

  • Short-lived but intense unrest: Gunfire around government sites appears to have been aimed at securing strategic locations before the officers issued their public declaration.

  • Election process disrupted: The electoral commission is now unable to proceed, placing the entire democratic transition in limbo.

  • Potential border closures and institutional paralysis: Reports indicate officers intend to halt normal government functions while the situation stabilizes.

  • Military justification: The officers claim they are acting to “restore order,” though no clear evidence of widespread unrest has been provided.

Why It Matters
The sudden military takeover threatens to reverse years of fragile democratic progress in Guinea-Bissau, a nation with a long history of coups and political volatility. The disruption of election results raises the risk of factional violence, undermines investor confidence, and heightens concerns across West Africa — a region already grappling with multiple coups, insurgencies, and governance crises.

Implications for the Global Reset

  • Pillar — Political Stability & Governance Risk: Another West African coup intensifies the region’s instability, shaping global risk assessments and potentially affecting foreign investment, aid conditionality, and multilateral engagement.

  • Pillar — Regional Security Dynamics: A power vacuum or disputed control could ripple across ECOWAS states, influencing regional security commitments and international responses to governance breakdowns.

What’s Next
More clarity is expected as the military outlines its transitional roadmap and regional actors respond. ECOWAS and the African Union are likely to pressure the officers to restore constitutional order, while internal factions may mobilize depending on how the political camps react. The suspension of the electoral process could provoke further unrest if supporters of either candidate push back against military control.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Tether’s Gold Pivot — Digital Money Meets Old-World Bullion

As fiat instability and regulatory pressure mount, Tether anchors its stablecoin empire in physical gold — reshaping how stablecoin reserves are structured.

Overview

  • Tether has amassed roughly 116 tonnes of gold, placing it among the largest non-sovereign holders worldwide.

  • The company has shifted from relying on Treasuries and fiat reserves toward hard-asset backing, using gold to hedge against devaluation and regulatory uncertainty.

  • Analysts say Tether’s aggressive bullion purchases are tightening physical supply, contributing to price support in global metals markets.

Key Developments

  • 26 tonnes added in Q3 alone, marking one of the fastest gold-accumulation paces among global financial entities.

  • Gold now forms a strategic portion of Tether’s reserve structure, designed to improve resilience against dollar volatility.

  • The firm continues expanding its digital-gold instruments, blending physical bullion with blockchain-based assets.

  • Tether’s demand has become large enough that analysts now track it as a market-moving buyer, impacting global metals flows.

Why It Matters

Tether’s pivot toward physical gold signals a deeper shift in how digital-asset institutions manage stability and trust. By hedging its reserves with a politically neutral, historically stable commodity, Tether is positioning USDT as a hybrid instrument — one tied to both global liquidity and tangible stores of value. This structure may become increasingly relevant as fiat currencies face rising inflation and geopolitical fragmentation.

Implications for the Global Reset

Pillar: Reserve Diversification & Decentralized Collateral
Tether’s move could inspire other financial institutions — including sovereign entities — to explore reserve strategies that reduce dependence on debt-based fiat systems.

Pillar: Real-Asset Anchoring in Digital Finance
The fusion of physical gold with blockchain-based tokens accelerates the transition toward asset-backed digital liquidity, a key feature of emerging multipolar financial architecture.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Read More
Special DINARRECAPS8 Special DINARRECAPS8

4 Common Thanksgiving Myths And The Real Facts Behind Them

VERIFY: 4 Common Thanksgiving Myths And The Real Facts Behind Them

Author: VERIFY, Terry Spry Jr.
Published: 4:08 PM EST November 23, 2020

The VERIFY team separated fact from fiction on 4 popular Thanksgiving myths including who started the turkey pardoning tradition and how Black Friday got its name.

Thanksgiving is almost here and with the annual festivities also comes years upon years of myths that have developed around one of the biggest holidays of the year for Americans. The myths, misconceptions and legends around Thanksgiving predate the internet, yet have persisted in the digital world all the same. Here are four common Thanksgiving myths, all of which are false, and the truth behind the holiday weekend’s various stories.

VERIFY: 4 Common Thanksgiving Myths And The Real Facts Behind Them

Author: VERIFY, Terry Spry Jr.
Published: 4:08 PM EST November 23, 2020

The VERIFY team separated fact from fiction on 4 popular Thanksgiving myths including who started the turkey pardoning tradition and how Black Friday got its name.

Thanksgiving is almost here and with the annual festivities also comes years upon years of myths that have developed around one of the biggest holidays of the year for Americans. The myths, misconceptions and legends around Thanksgiving predate the internet, yet have persisted in the digital world all the same. Here are four common Thanksgiving myths, all of which are false, and the truth behind the holiday weekend’s various stories.

MYTH: Thanksgiving has been celebrated every year since the nation’s founding

According to the National Archives, George Washington issued a proclamation that named Thursday, November 26, 1789 as a "Day of Publick Thanksgivin".

At that point, however, Thanksgiving wasn’t codified into law as an annual holiday. It was up to the sitting president to declare a day of “Thanksgiving and Prayer” and set the day and month for the holiday. And there were some years where no such day was declared.

For example, Thomas Jefferson opted against it while president. Monticello says Jefferson was against it because of his beliefs in separating religion from the government. Back then, Thanksgiving days were more religious-focused holidays. Thanksgiving was established as one of the first four federal holidays in 1870, when Congress passed the Holiday Act. That law established Thanksgiving, Christmas, New Year’s Day and Independence Day as holidays, but Thanksgiving was the only one where the president had the discretion to set the date each year.

By that time, Thanksgiving already had an informal date. Abraham Lincoln’s 1863 proclamation set Thanksgiving as the last Thursday in November and subsequent presidents had followed that precedent.

However, Thanksgiving would have fallen on the last day of the month in 1939, so Franklin Roosevelt moved it to the month’s second-to-last Thursday because he worried a shortened Christmas season would dampen the nation’s recovery from the Great Depression. Some states defied the president’s move and made it state law that Thanksgiving was the last Thursday and so Congress sought to set a fixed date for the holiday to combat the confusion. A law was passed in 1941 that set Thanksgiving as the fourth Thursday of November.

To continue reading, please go to the original article here:

https://www.wcnc.com/article/news/verify/verify-tackling-common-thanksgiving-myths/507-e580ed91-8abc-47e0-8ffa-2b93a357bbeb

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