Seeds of Wisdom RV and Economics Updates Thursday Morning 8-6-26

Good Morning Dinar Recaps,

China Expands Yuan Finance: Central Bank Push Signals New Phase in Global Financial Realignment

China's central bank is accelerating financial reforms, supporting local government debt restructuring, and expanding yuan-based international finance as BRICS cooperation gains momentum.

Overview

• China's central bank pledged to maintain accommodative monetary policy while expanding international use of the yuan through cross-border finance and panda bonds.

• Officials also reaffirmed support for resolving local government debt risks, highlighting debt stability as a national priority.

• As India advances the 2026 BRICS agenda, these developments reinforce the gradual evolution toward a more multipolar global financial system.

Key Developments

1. China Signals Continued Monetary Support

The People's Bank of China (PBOC) announced it will maintain an appropriately accommodative monetary policy while ensuring ample liquidity across the financial system.

Officials emphasized flexibility in using monetary tools as economic conditions evolve during the second half of 2026.

2. Debt Restructuring Remains a Major Priority

China reaffirmed its commitment to supporting the restructuring of local government financing vehicle debt, an issue that has weighed on financial markets for several years.

Reducing debt risks remains central to maintaining confidence in China's financial system while supporting long-term economic stability.

3. Yuan Internationalization Continues

The PBOC pledged additional support for:

• Yuan-denominated "Panda Bonds"

• Cross-border financing

• Shanghai's international financial role

• Hong Kong's position as a leading offshore yuan center

These initiatives continue China's long-term effort to expand international use of its currency.

4. BRICS Financial Cooperation Advances

India's BRICS presidency continues building toward the September BRICS Summit, with ministerial meetings focusing on financial cooperation, trade, and development initiatives.

Although today's meetings do not introduce a new payment system, they demonstrate continued coordination among BRICS members on long-term economic priorities.

Why It Matters

The combination of debt management, central bank policy, and expanded yuan financing illustrates how major economies are adapting to a changing global financial landscape.

Rather than replacing the existing financial system overnight, countries are gradually building additional channels for trade, lending, and investment that increase financial resilience and diversify international capital flows.

Why It Matters to Foreign Currency Holders

• Debt stability influences long-term confidence in major economies.

• Growing international use of the yuan could gradually affect global currency demand.

• Expanded cross-border financing supports diversification within international markets.

• Central bank policies continue shaping interest rates, capital flows, and exchange rate dynamics.

Implications for the Global Reset

• Pillar: Debt

China's continued focus on resolving local government debt underscores how sovereign debt management remains one of the defining financial challenges facing major economies. Stable debt markets support confidence in both domestic and international financial systems.

• Pillar: Trade

Expanding yuan-based financing and strengthening cross-border financial infrastructure support the gradual diversification of international trade settlement. These efforts complement broader BRICS initiatives aimed at increasing financial cooperation among emerging economies.

Conclusion

China's latest policy announcements demonstrate that the evolution of the global financial system is occurring through incremental structural reforms rather than sudden transformation.

By combining debt stabilization, monetary flexibility, and expanded international financial infrastructure, policymakers continue laying the groundwork for a more diversified global financial architecture.

This is not simply about China's monetary policy—it reflects the broader evolution of global finance as major economies expand alternative channels for trade, lending, and international capital flows.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "China's Central Bank Pledges Timely Policy Tool Adjustment"

• The Economic Times — "India's BRICS Presidency Gathers Momentum With Key Ministerial Meets"

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:   • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.    Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Bruce’s Big Call Dinar Intel Tuesday Night 8-4-26

Bruce’s Big Call Dinar Intel Tuesday Night 8-4-26 

Transcribed By WiserNow Emailed To Recaps   (INTEL ONLY)

Welcome everybody to the Big call tonight. It is Tuesday, August 4, and you're listening to the big call. Thanks everybody for tuning in tonight. We're going to have a really fun call tonight. I've got some pretty good stuff to give you guys, and I know Sue will and Bob will, and we're going to have a super call. I'm looking forward to that.

All right. Thank you, Bob. Appreciate that very much. Let's get into where we find ourselves on Intel. I told you guys things are starting to tighten up. That's still true. I can give you a few things that are just little pieces here, and we'll try to build our puzzle with it.

So far, as of today, and even up until 6o'clock tonight, there are still no rates on the screens at Redemption Centers. We're hoping all that changes tomorrow, and I'll tell you more about that in a second.

We did see that there is some trading back and forth on the ZIM, and you know I've told you guys for years now what the term "on par" means, and we're not talking about golf. On par means trading at the same rate as -- when we say the ZIM is on par with the dollar, it means the ZIM is worth $1 per ZIM.

Because remember. Zim uses the term dollar, Zimbabwe dollar. Okay, so if you have a Zimbabwe currency note, is really a bearer bond of a $50 billion note. That's what it's going to be worth: 50 billion, 10 trillion, 50 trillion, 100 trillion.

You know the story. Now, what about this? What if I were telling you that they're trading the ZIM, and it's actually going up in value, and it could be worth more than $1 against our U.S. N dollar. What if it was worth $1.02, or $1.05, or even $1.10, or possibly a little bit more.

This is what we're hearing: is that it's very possible that this Zimbabwe dollar could be higher than the $1. Now I've heard that in the past; it's been true in the past. I've never brought that out on the call, but I believe it's important for you not to be in too much shock, if that is the case.

Personally, I think one to one being worth 1US. dollar, a new U.S. dollar, U.S.N. is terrific. That is absolutely amazing. But don't be surprised. I'm just saying, don't be surprised if it's a little bit higher. Okay, so we'll see how that shakes out.

I found that to be very interesting yesterday when I heard that. Okay, obviously we  don't do rates per se on the big call, and we have no rates on screens yet today. But we know that forex rates usually show up on a Wednesday or a Sunday night, and we're being told that we will get new rates, possibly tomorrow.

Now that would translate to new rates on bank screens and redemption center screens, as well. So I look forward to getting a report, and it may be that I'll get that report tonight, which typically happens 10, 11 o'clock at night, I might get something after the big call ends,

But I do have three different sources that are saying almost the same thing. Two of the sources are saying if this does not go tomorrow, meaning Wednesday, the fifth, if the this does not go tomorrow, then we're looking at the eighth or ninth, which is Saturday the eighth or Sunday the ninth this weekend.

 If we don't get this tomorrow, the other source is saying it should go tomorrow, but if not, we're looking at the eighth or ninth, which is Saturday or Sunday.

It should go tomorrow, but if not, we're looking at the weekend, so we've got two that are saying if it doesn't go tomorrow, it'll happen on the weekend, and one is saying it should go tomorrow.

But if not, we're looking at the weekend. Now that's a roundabout way of saying that's what three of our sources, all three separate are saying about where we are right now. All right.

We also know that there have been a number of pickups and drop-offs, and you know when I talk about pickup on aisle three, aisle five, aisle 10, whatever, whatever it is, that's what's happening. It is ongoing.

We know that that it seems to be never ending, and I can understand why. There's still a lot of shenanigans going on out there, and there's some people that need to be removed and arrested, and that's what's happening.

So I don't have an up-to-date on numbers. I do know the numbers, but I'm not supposed to bring them out. So that's a big deal. Some of the numbers are global. Some are within the United States. And anytime you turn around, it seems like you know what this thing is, you guys.

This is a military operation, and it is subject to change. It's kind of a hurry up and wait kind of scenario, which is kind of a military term. Andyou know we've had a green light before to go, and we didn't go.

We had a green light from President Trump and our military to go. And now we're in a situation where we're looking for another green light, another go signal that'll come from military, be passed down to the Treasury.

Treasury will pass it down to Wells Fargo, and they'll pass it down to us in the form of a of 800 numbers in a notification. And by the way, those 800 numbers are supposed to come as an email notification and a text message as well.

It could come to you in both forms, and I've told you guys that we're going to do a an email from BigCallUniverse.com. That'll be from us to you.

We'll also post it on our website, which you know is bigcalluniverse.com, and we'll also have the 800 number to put out on a call.

Now, I was told by a top person with Wells Fargo East Coast that if I do get the number and can put it out on a call, which I'd hoped would be today, it's not today.

We might get started tomorrow, in which case we would have a call on Thursday. It'd be more of a celebration call, but we're still going to have it Thursday, and if I get the number between now and Thursday, I will put it out on the call.

And this individual, who's a a high high up executive, top of the heat with Wells Fargo, said it would be much appreciated if Bruce put the number out on his call, so I'm looking forward to that.

That's  an honor. I've always looked at it as that would be an honor to be able to do that. So I'm looking forward to getting that.

Now, am I going to get the number before anyone else early? I had thought maybe I would, but not yet. I don't have it yet, and I'm looking for it just like you guys are. So hopefully something cranks out tomorrow, and we're able to get this party started.

 Either way, though, we'll have a call Thursday night, and then we'll look forward to seeing what would happen on the eighth? Uh-oh, there's China's number. The eighth, eight is the number of new beginnings biblically, or the ninth, which is Sunday. So that's what we're told right now.

It's either if it goes tomorrow, great. If not, we're looking at the weekend. All right, I hope so. I'm looking forward to that. I'm only telling you guys what I'm hearing, and there's not a whole lot out there. We got a little bit here from a Redemption Center leader.

We got a little bit there from somebody who knows that the Zim was trading. We get a little piece here about you know the timing of when we think we're going to be notified, you know, and we try to piece it all together and make sense out of it, and that's where I am on this.

As far as the Middle East is concerned, I'm  really more concerned about what's happening in our own country right now in terms of Washington State and the so-called fires that took place, and I  guess I better not go too deep on it, but it looks like to me that we just have to get the people that settle. And my understanding is we're working on that.

So hopefully that's good news.

 Now, that's what I would have to say tonight. Guys, I'm hoping tomorrow is the day.

And of course, after I hang up with you guys tonight, what am I going to get? Probably more and additional intel tonight. Maybe it typically happens. There's a possible call. We're expecting probably around 11.

So maybe I'll get something tonight. In the meantime, I want everybody to just press in, continue to believe for this amazing, miraculous time that we're in, and I want you to live one day at a time each day. You know, Jesus says, you know, in the prayer, give us this day our daily bread.

So let's go ahead and pray the call out, you guys, and look forward to seeing what we can between now and Thursday.

Well, everybody have a good night tonight. Let's hope for tomorrow. See what happens, and we'll talk to you tomorrow. We'll talk to you Thursday rather on the big call. All right. Good night, everybody. God bless you all.

Bruce’s Big Call Dinar Intel Tuesday Night 8-4-26   REPLAY LINK     Intel Begins   1:19:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FOG0D

Bruce’s Big Call Dinar Intel Thursday Night 7-23-26   REPLAY LINK    Intel Begins   1:08:45

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FOGI0

Bruce’s Big Call Dinar Intel Tuesday Night 7-28-26   REPLAY LINK     Intel Begins   1:34:24

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO7Vw

Bruce’s Big Call Dinar Intel Thursday Night 7-23-26  REPLAY LINK    Intel Begins   1:27:10

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO7gA

Bruce’s Big Call Dinar Intel Tuesday Night 7-21-26   REPLAY LINK     Intel Begins   1:30:35

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO7KQ

Bruce’s Big Call Dinar Intel Thursday Night 7-16-26   REPLAY LINK    Intel Begins   1:14:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO71u

Bruce’s Big Call Dinar Intel Tuesday Night 7-7-26   REPLAY LINK     Intel Begins   1:03:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO7eM

Bruce’s Big Call Dinar Intel Thursday Night 7-9-26 REPLAY LINK Intel Begins   1:10:20

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO73F

Bruce’s Big Call Dinar Intel Tuesday Night 7-7-26  REPLAY LINK     Intel Begins   1:19:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO79O

Bruce’s Big Call Dinar Intel Thursday Night 7-2-26 REPLAY LINK     Intel Begins   1:14:14

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO7RA

Bruce’s Big Call Dinar Intel Tuesday Night 6-30-26  REPLAY LINK     Intel Begins   1:13:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FO7cP

“We’ve Already Crossed the Point of No Return’ – Bill Holter’s Financial Warning

“We’ve Already Crossed the Point of No Return’ – Bill Holter’s Financial Warning

Miles Franklin Media:  8-4-2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with precious metals expert and broker Bill Holter, aka “Mr. Gold,” for a deeply personal and urgent discussion about the debt-based financial system.

Holter explains why he believes the mathematics of debt have already pushed the system beyond the point of no return and why a credit contraction could spread frighteningly fast from financial markets into the real economy.

They discuss rising interest rates, the unwinding yen carry trade, warning signs in private credit, deteriorating confidence in the U.S. Treasuries and the consequences for food, energy, utilities and everyday life.

Holter also explains why he considers physical gold and silver the only financial “life rafts.”

In this episode of Little by Little with Andy Schectman:

Why the global debt system must continually create more credit to survive

How a credit collapse could spread from Wall Street into food, energy and utilities

The unwinding yen carry trade and the danger of rising global interest rates

Warning signs emerging in private credit and leveraged financial markets

Why Bill believes the debt has crossed the mathematical point of no return

Gold and silver as real money in a world built on defaultable paper assets

Why a financial collapse could rapidly become a societal crisis

Practical steps families can take to prepare for a systemic disruption

Bill’s friendship with Jim Sinclair and the lessons he learned from “Mr. Gold”

00:00 Coming Up

01:15 Introduction

02:45 Friendship Stories

04:27 Who Was Jim Sinclair

11:05 Sinclair Lessons

15:47 Gold Confiscation Plan

26:18 Credit Is The Game

32:20 From Finance To Society

35:15 Yen Carry Trade Unwinds

36:23 Rates Up Dollar Down

37:15 Yen Carry Trade Unwinds

39:14 Fed Losing Yield Control

42:26 Private Credit Canary

47:48 Where To Ride It Out

50:25 Gold Silver Life Rafts

54:04 The Math Behind Collapse

59:17 Power Grid And Supplies

01:02:41 Legacy And Origin Story

https://www.youtube.com/watch?v=mLWi4nU9RC8

FRANK26….8-5-26….EXTERMINATION

KTFA

Wednesday Night Video

FRANK26….8-5-26….EXTERMINATION

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

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

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

https://www.youtube.com/watch?v=U-DKnDazSUA

Iraq Economic News and Points To Ponder Wednesday Afternoon 8-4-26

Is Money Being Printed To Pay Salaries? An Economist Explains The Risks And Warns Of The Consequences.

Baghdad Today - Baghdad    Financial and economic expert Ahmed Abdel Rabbo warned on Wednesday (August 5, 2026) against calls to print currency to secure employee salaries or finance the financial deficit, considering that they lack legal and economic foundations and may lead to serious repercussions on monetary stability and the Iraqi economy.

Abd Rabbo told Baghdad Today that the Central Bank of Iraq Law No. (56) of 2004 regulates the process of issuing currency, explaining that printing currency is a technical procedure aimed at managing the money supply and meeting the needs of the economy, and is not a means of financing government expenditures or covering the financial deficit.

He added that issuing new quantities of currency without real growth in production or an increase in corresponding assets leads to an unjustified rise in cash liquidity, which is reflected in increased inflation rates, a decline in the purchasing power of the dinar, and a decrease in the real value of citizens’ salaries and savings.

He explained that what is known economically as "financing by printing" is one of the most dangerous options in times of financial crisis, because it weakens confidence in the local currency and increases demand for foreign currencies, especially the dollar, which exacerbates pressure on the exchange rate and affects financial stability.

Abdel Rabbo pointed out that there is confusion between the monetary policy tools managed by the central bank and the fiscal policy undertaken by the government, explaining that the use of local debt instruments or discounting treasury bills is different from printing currency to finance current spending, as these instruments are subject to legal and financial controls, while the other option leads to continuous inflationary pressures.

He stressed that addressing the liquidity crisis should rely on sustainable financial and economic reforms, including rationalizing government spending, maximizing non-oil revenues, developing electronic tax and customs collection, recovering looted funds, combating corruption, and expanding the use of domestic debt instruments within controls that maintain monetary stability and protect citizens’ purchasing power.

Discussions in Iraq increase during periods of financial pressure regarding the mechanisms for financing government spending, particularly employee salaries, given the budget's heavy reliance on oil revenues.

Economic experts confirm that addressing the fiscal deficit requires structural reforms and diversifying revenue sources, while the Central Bank of Iraq stresses the importance of maintaining monetary policy stability, the value of the dinar, and reducing inflationary pressures.   https://baghdadtoday.news/304420-.html

The Salary Crisis Tops The Agenda Of The Meeting Between The State Administration And The Three Presidencies.

Information/Special..  Salah Boushi, a member of the State of Law Coalition, stated on Wednesday that the meeting of the State Administration Coalition, in light of the challenges facing Iraq, is of exceptional importance in addressing the economic crisis, specifically the issue of delayed salaries.

Bushi explained to Al-Maalomah News Agency that “the extraordinary meeting of the State Administration Coalition stems from the participation and presence of the three presidencies to discuss many issues, foremost among them the current financial crisis and finding solutions to it,” noting that “solving the financial crisis now requires political and economic decisions to rationalize importance spending, diversify non-oil revenues, and rearrange budget priorities in a way that preserves the rights of citizens.”

He emphasized that "any agreement and understanding between the political forces and the three presidencies will directly impact financial and economic stability and strengthen citizens' confidence in the state's direction," adding that "true success is not measured by the number of meetings, but by the state's ability to translate political consensus into economic decisions that alleviate the burdens on citizens and establish long-term financial stability." (End of 25)

https://almaalomah-me.translate.goog/news/140372/politics/أزمة-الرواتب-تتصدر-جدول-اعمال-اجتماع-إدارة-الدولة-والرئاسات?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Parliament Hosts The Minister Of Finance To Discuss The Delay In Paying The Salaries Of More Than One Million Employees.

The Information Agency/Baghdad...  MP Ibtisam Hashim al-Hilali, from the State of Law Coalition, confirmed on Wednesday that the Parliament will host Finance Minister Falih al-Sari next week to discuss the reasons for the delay in paying the salaries of more than one million permanent employees.

Al-Hilali said in a statement received by the Information Agency that “the meeting will address the financial and economic situation in the country, as well as discuss the measures required to reduce expenditures and maximize non-oil revenues,” emphasizing her rejection of any tampering with employee salaries.

She added that "changing the salary payment dates is a violation of the law," noting that Iraqi legislation stipulates a 30-day month for calculating salaries, wages, and allowances in state institutions and the public and mixed sectors.

Al-Hilali indicated that “Parliament will discuss during the session the reasons for the salary delays and their impact on the living, social, and economic conditions of employees.” End/25

https://almaalomah-me.translate.goog/news/140330/politics/البرلمان-يستضيف-وزير-المالية-لبحث-تأخر-صرف-رواتب-أكثر-من-ملي?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Deficit Consumes Nearly Half Of Iraq's Projected 200 Trillion IQD 2027 Budget 

Daban Mohammed 

At a Glance

• Iraq faces a record 100 trillion IQD budget deficit.

• Oil covers only one-quarter of state operational expenses.

• The Kurdistan Region demands a 25 trillion IQD share.

• The Strait of Hormuz instability severely disrupted budget planning.

Iraq is on the precipice of a severe financial crisis as the federal government grapples with a record-breaking projected deficit of 100 trillion Iraqi Dinars (IQD) in the upcoming 2027 national budget.

Key Statements and Focus Areas

• The total estimated volume of the 2027 budget will reach 200 trillion IQD, with nearly half of the entire fiscal plan consisting of a deficit.

• KRG based their 25 trillion IQD demand on the latest census data and strictly reject any settlement limited solely to employee salaries.

Channel8 has learned that there is a critical mismatch in state finances: monthly oil revenues have plummeted to just 2.5 trillion IQD, while the government requires 10 trillion IQD monthly to cover its basic operational expenditures. 

Consequently, oil revenues currently cover only one-quarter of the country's public salaries and ministerial expenses, forcing Baghdad to actively pursue internal and external borrowing options to sustain state operations.

The total estimated volume of the 2027 budget is set to reach 200 trillion IQD, meaning nearly half of the entire fiscal plan will consist of a deficit. 

The federal framework allocates 150 trillion IQD toward public sector salaries and general state expenditures, while reserving 50 trillion IQD for investment and infrastructure projects.

Amid these financial strains, the Kurdistan Region is formally demanding a 14.1% share of the national budget, which equates to approximately 25 trillion IQD. 

Regional authorities have based this claim on the country's latest census data and have strictly rejected any fiscal settlement that limits their allocation exclusively to public employee salaries. 

To optimize state spending and prevent institutional financial waste, Iraq is collaborating with the World Bank to implement a comprehensive "Program and Performance Budgeting" system.

FYI

Drafting the budget blueprint has faced severe disruptions due to dropping global energy prices and acute instability surrounding the Strait of Hormuz. Because Iraq relies on oil revenues to fund 90% of its national budget, maritime security threats to its primary export corridor pose a direct risk to national stability.

To mitigate these adverse market effects, Baghdad is urgently seeking alternative oil export routes. Current strategic plans include expanding export capacities through the Syrian Port of Baniyas and finalizing an agreement to sell one million barrels of oil to Turkey.

Meanwhile, the Iraqi Parliamentary Finance Committee, chaired by MP Uday Awad Kadhim, met last week with Budget Department Director General Milad Ziad Abdul Mawla to finalize fiscal reforms for the 2027 state budget. 

The high-level meeting focused on restructuring the budget to maximize public revenues, enhance spending accuracy, and systematically reduce the state's reliance on oil. 

The Iraqi Ministry of Finance is scheduled to finalize the official budget draft by September, with plans to formally transmit the legislation to the Council of Representatives in October for parliamentary approval.

Concurrently, The Kurdistan Region's Ministry of Finance, chaired by Minister Awat Sheikh Janab, held a high-level meeting on Sunday to officially launch preparations for Iraq's 2027 federal budget.

Backed by the latest population census data, KRG is demanding a budgetary share that enables it to cover public salaries, operational costs, and critical infrastructure projects. 

The ministry plans to hold individual consultations with all government institutions in the coming days to finalize their specific financial needs and safeguard the Kurdistan Region's constitutional entitlements.    https://channel8.com/english/news/63036   

Seeds of Wisdom RV and Economics Updates Wednesday Evening 8-5-26

Good Evening Dinar Recaps,

CLARITY Act Faces Critical Test: Senate Negotiations Stall as Digital Asset Reform Nears a Turning Point

The Senate's effort to advance landmark digital asset legislation has entered a decisive phase as bipartisan negotiations continue and time before the August recess rapidly diminishes.

 Overview

• The CLARITY Act remains a top Senate priority, but unresolved bipartisan negotiations have placed this week's expected procedural vote in doubt.

• Lawmakers continue debating ethics provisions, illicit finance safeguards, and stablecoin rules, leaving the bill's path forward uncertain despite broad support for regulatory clarity.

• The outcome could shape how digital assets are regulated in the United States and influence the future modernization of global financial markets.

Key Developments

1. Senate Faces a Narrow Window

Senate Majority Leader John Thune continues to express support for bringing the CLARITY Act to the Senate floor before lawmakers leave for the August recess.

However, no cloture motion has yet been filed, meaning the procedural timeline has become increasingly compressed. Without cloture, the Senate cannot proceed to debate or a final vote.

2. Bipartisan Negotiations Remain the Primary Obstacle

While many lawmakers support establishing a regulatory framework for digital assets, key disagreements remain unresolved.

The principal issues include:

• Ethics provisions governing public officials.

• Illicit finance protections designed to combat money laundering.

• Stablecoin yield provisions that continue to divide lawmakers.

Democratic senators have indicated these issues must be resolved before sufficient support exists to advance the legislation.

3. Regulatory Certainty Remains a Priority

Supporters argue the CLARITY Act would establish long-awaited guidance defining the respective responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

A clearer regulatory framework could reduce uncertainty for financial institutions, technology companies, investors, and blockchain developers while encouraging responsible innovation within the United States.

4. Markets Continue Watching Washington

Although cryptocurrency prices continue responding to broader macroeconomic developments, investors are also monitoring progress on the CLARITY Act.

Regulatory certainty is widely viewed as an important factor for:

• Institutional investment

• Digital asset innovation

• Long-term market confidence

A delay would not necessarily end the legislative effort but could postpone implementation until Congress reconvenes after the August recess.

 Why It Matters

The CLARITY Act extends well beyond cryptocurrency. It represents one of the most significant efforts by Congress to establish a comprehensive legal framework for digital financial assets within the U.S. financial system.

As governments around the world continue developing policies for blockchain technology, digital payments, and tokenized financial assets, the United States faces increasing pressure to provide regulatory certainty while maintaining financial stability and market integrity.

Why It Matters to Foreign Currency Holders

• Regulatory clarity can strengthen confidence in U.S. financial markets.

• Institutional adoption of digital assets may influence future capital flows.

• Clear market rules could support broader investment participation.

• Global financial innovation increasingly intersects with traditional currency and payment systems.

Implications for the Global Reset

• Pillar: Assets

The CLARITY Act seeks to define how digital assets fit within the existing financial system. Clear regulations could encourage broader institutional participation while providing investors with greater legal certainty and improving overall market confidence.

• Pillar: Technology

Blockchain technology continues moving from emerging innovation toward mainstream financial infrastructure. Establishing a regulatory framework supports the responsible integration of digital assets into banking, investment, and payment systems while promoting long-term financial modernization.

Conclusion

The coming days will determine whether lawmakers can overcome the remaining procedural and policy differences needed to move the CLARITY Act forward.

While negotiations continue, the broader objective remains unchanged: creating a regulatory framework that balances innovation, consumer protection, and financial stability.

This is not simply about cryptocurrency regulation—it reflects the broader modernization of financial markets as governments work to establish the legal framework for integrating digital assets into the global financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• CoinGape — "Breaking: CLARITY Act Senate Vote This Week Could Fail As Democrats Remain Hostile"

• Investor's Business Daily — "Senate Pushes Toward CLARITY Act Vote Before August Recess"

~~~~~~~~~~

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

The Fuse is Lit: Shock US Decision for Full Fiat Destruction

The Fuse is Lit: Shock US Decision for Full Fiat Destruction

Daniela Cambone:  8-4-2026

"This isn't just about the yen—it's about the beginning of a fiat currency crisis." — Gareth Soloway

In a recent episode of The Daniela Cambone Show via ITM Trading, market strategist Gareth Soloway joined Daniela Cambone to dissect the moving parts of the global financial engine. From the unprecedented currency maneuvers between the US and Japan to the long-term trajectories for precious metals and digital assets, Soloway provides a masterclass in technical analysis blended with macroeconomic reality.

One of the most striking developments discussed in the interview is the coordinated intervention involving the US and Japan to stabilize the Japanese Yen.

Soloway highlights a peculiar detail that many missed: the strategic use of the Euro, rather than the US Dollar, in this intervention. According to Soloway, this tactical choice underscores a growing concern among global central banks regarding the stability of fiat currencies.

By utilizing the Euro, authorities can attempt to manage currency values without directly signaling a crisis in the Dollar, yet the underlying message remains clear—the “fiat domino effect” is a looming risk. As global debt levels climb, the stability of traditional currencies becomes more fragile, necessitating these high-stakes interventions.

For those focused on wealth preservation, Soloway’s outlook on gold remains decidedly bullish, though he cautions that the path is not a straight line. While short-term fluctuations are expected, his technical analysis points toward a massive structural surge in gold prices, peaking between 2029 and 2031.

This forecast is rooted in the belief that the current cycle of debt expansion and currency devaluation will eventually lead to a “flight to quality.” Gold, as the ultimate historical store of value, stands to benefit most as investors seek alternatives to a weakening fiat system.

In contrast to gold’s clear upward trajectory, Soloway offers a more nuanced view of silver. While silver often moves in tandem with gold, it faces unique challenges due to its dual identity as both a monetary metal and an industrial commodity. Soloway notes that silver continues to face significant technical resistance levels.

Furthermore, economic headwinds—such as a potential slowdown in global manufacturing—could dampen silver’s recovery. While it remains an essential asset to watch, Soloway suggests that silver’s path to new highs may be more turbulent than gold’s due to these broader economic sensitivities.

The conversation transitioned into the digital realm, where Bitcoin continues to be a point of intense speculation. Soloway observes that while Bitcoin shows signs of near-term bullishness, it is not yet out of the woods. He points to a critical risk factor: the high level of leverage among institutional holders. We are currently in a multi-year price drawdown cycle, a phase that historically involves significant volatility before a true bottom is established.

Soloway suggests there may be further downside before a long-term accumulation phase begins, urging crypto investors to remain disciplined and wary of the risks associated with excessive leverage in the market.

The overarching theme of Gareth Soloway’s analysis is one of caution and preparation. We are living through an era of rising global debt and increasing currency instability, factors that traditionally favor “hard assets.”

Whether it is the strategic intervention in the Yen or the cyclical movements of Bitcoin, the common denominator is a search for stability in an unstable system. For investors, the takeaway is clear: understanding the technical levels is important, but understanding the macroeconomic “why” is essential for long-term success.

Chapters:

00:00 - Intro

01:47 - US-Japan Yen Intervention Explained

05:14 - Gold Outlook & Long-Term Price Target

07:12 - Silver Technical Analysis & Key Levels

08:19 - Bitcoin Price Outlook & Strategy Risks

09:44 - Bitcoin Sentiment & Institutional Adoption

11:38 - Why the Yen Intervention Matters Long Term 12:49 - Final Thoughts

https://www.youtube.com/watch?v=8TuzfQxz4CY

Rob Cunningham: Biggest Financial Revolution in History Being Built for Machines?

Rob Cunningham: Biggest Financial Revolution in History Being Built for Machines?

8-5-2026

What if the biggest financial revolution in history isn’t being built for humans at all?

What if it’s being built for machines?

By 2030, imagine a world where:

• 10,000,000 AI agents work 24/7/365
• 207 sovereign stablecoins represent national currencies
• Every major asset can be tokenized
• Every payment network can interoperate
• Every financial decision is programmable
• 10x to 40x greater daily value settled than today

Now stop thinking about people sending payments.

Start thinking about software moving value.

Every minute…

AI treasury agents rebalance liquidity.

Supply-chain agents finance inventory.

Energy agents buy electricity.

Investment agents hedge risk.

Insurance agents settle claims.

Trade agents finance invoices.

Corporate agents optimize working capital.

Personal agents negotiate prices, pay bills, and manage investments.

None of them sleep.

None wait for banking hours.

None care what country they’re in.

Every minute, millions of autonomous financial decisions are e******d simultaneously.

Even if each AI agent performs just ONE financial action every minute…

That’s approximately:

• 10 million financial events every minute
• 14.4 billion every day
• More than 5 TRILLION every year

And that’s before considering that many industrial AI systems could e*****e numerous financial decisions each minute.

The real breakthrough isn’t faster payments.

It’s continuous capital optimization.

Money no longer waits.

Liquidity no longer sleeps.

Capital no longer sits idle.

It continuously searches for its highest-value use.

Now connect 207 sovereign digital currencies.

Not into one global currency…

But into one interoperable monetary fabric.

Every currency remains sovereign.

Every jurisdiction keeps control.

Yet every participant can exchange value with every other participant through open interoperability.

Think about what the Internet did for information.

Now imagine the same transformation for VALUE.

Instead of:
USD → EUR

You get:
Any Asset ⇄ Any Currency ⇄ Any Ledger ⇄ Any Jurisdiction ⇄ Any Counterparty

Instantly.
Continuously.
Programmatically.

This isn’t simply a faster banking system.

It’s an operating system for the global economy.

The biggest winners may not be those who move money.

They may be those who provide the liquidity, interoperability, security, identity, and trust that allow billions of autonomous financial decisions to occur every single day.

The Internet connected information.

The next decade may connect value itself.

Source(s):
• https://x.com/KuwlShow/status/2084837757436743956

https://dinarchronicles.com/2026/08/05/rob-cunningham-biggest-financial-revolution-in-history-being-built-for-machines/

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 8-5-26

Good Afternoon Dinar Recaps,

Hormuz Diplomacy Continues: Markets Bet on Lower Energy Prices While Key Risks Remain

Ongoing U.S.–Iran diplomatic efforts are easing pressure on global energy markets, but unresolved security and nuclear issues continue to leave investors watching for the next major development.

Overview

Diplomatic discussions between the United States and Iran continue, raising cautious optimism that further progress could reduce tensions surrounding the Strait of Hormuz, one of the world's most important energy corridors. Although no final agreement has been announced, recent statements from U.S. officials have encouraged financial markets.

Investors responded by pushing oil prices lower, while global equity markets strengthened as traders priced in a reduced risk of major supply disruptions. Lower energy prices also helped reinforce expectations that inflation could continue moderating in the months ahead.

At the same time, significant issues remain unresolved, including Iran's nuclear program, regional security concerns, and the long-term framework for any future agreement. Markets are treating the negotiations as a positive development—but not yet a permanent solution.

If diplomacy continues to advance, the benefits could extend far beyond the Middle East by improving global trade, lowering transportation costs, and reducing inflationary pressures across many economies.

Key Developments

1. Diplomatic Talks Continue

Senior U.S. officials indicated that negotiations with Iran remain active, with both sides continuing discussions aimed at reducing regional tensions.

• Markets are closely monitoring any announcement of a formal agreement.

• Diplomatic progress has improved investor confidence, even without a finalized deal.

2. Oil Markets Respond Favorably

Crude oil prices eased as traders reduced the geopolitical risk premium that had built into energy markets during recent military tensions.

• Lower oil prices help reduce fuel and transportation costs.

• Energy markets remain sensitive to any setback in negotiations.

3. Strait of Hormuz Remains Critical

The Strait of Hormuz continues to serve as one of the world's most important energy chokepoints, carrying a substantial share of global crude oil exports.

• Safe navigation remains essential for global energy security.

• Shipping companies continue monitoring regional military activity.

4. Inflation Outlook Improves

Declining energy prices have strengthened expectations that inflation pressures may continue easing.

• Lower energy costs reduce expenses throughout the economy.

• Central banks may gain greater flexibility if inflation continues to moderate.

5. Financial Markets Look Beyond the Headlines

While equity markets have welcomed the diplomatic progress, investors recognize that negotiations remain ongoing.

• Treasury yields have eased as inflation expectations softened.

• Markets continue balancing optimism with caution until concrete agreements are finalized.

Why It Matters

Energy prices influence nearly every sector of the global economy. When oil prices fall, businesses often experience lower operating costs while consumers benefit from reduced fuel and transportation expenses.

For central banks, lower inflation pressure can reduce the need for tighter monetary policy, helping stabilize borrowing costs, government debt financing, and financial markets.

Although diplomacy has improved market sentiment, lasting stability will depend on whether negotiations produce durable agreements rather than temporary pauses in tensions.

Why It Matters to Foreign Currency Holders

• Lower energy costs can strengthen confidence in global financial markets.

• Reduced inflation may support greater stability in exchange rates.

• Improved trade flows can enhance international capital movement.

• Central bank policy decisions remain an important factor influencing currency valuations.

Implications for the Global Reset

• Pillar: Energy

Progress in diplomatic negotiations could improve stability in one of the world's most important energy corridors. More reliable energy supplies help reduce inflation risks and strengthen global economic confidence.

• Pillar: Trade

Safer shipping through the Strait of Hormuz supports global commerce by lowering transportation costs and reducing supply chain uncertainty. Stable trade routes remain essential for international economic growth.

Conclusion

Markets are increasingly betting that diplomacy can reduce geopolitical risk and stabilize global energy supplies, but important challenges remain unresolved.

The current market response reflects optimism that negotiations will continue moving in a constructive direction while recognizing that setbacks remain possible.

This is not simply about diplomacy—it reflects how energy security, global trade, and financial stability remain deeply interconnected as governments work to reduce geopolitical risk and strengthen the foundations of the global financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Global Markets Rise as Investors Watch U.S.–Iran Diplomacy and Energy Prices"
  ‍ ‍Reuters — "Oil Prices Ease as Markets Monitor Middle East Developments"

~~~~~~~~~~

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

What Iraq’s Liquidity Crisis means for the IQD

What Iraq’s Liquidity Crisis means for the IQD

The Dinar Den: 8-4-2026

In the complex landscape of international finance and emerging markets, few topics generate as much discussion as the Iraqi Dinar (IQD). Recently, Stephen of The Dinar Den, a seasoned entrepreneur and long-term investor in the region, shared a comprehensive update regarding the current state of Iraq’s economy.

His insights provide a necessary reality check against common rumors, focusing instead on the structural hurdles and the massive potential for reform currently unfolding within the nation.

A primary point of confusion for many observers is how a nation can be “wealthy” yet struggle to pay government salaries. As Stephen points out, Iraq currently holds approximately $94 billion in foreign currency reserves, supplemented by significant gold assets. However, these reserves do not equate to immediate government liquidity.

There is a fundamental distinction between the Central Bank of Iraq (CBI) and the Iraqi government; they are separate entities with distinct mandates.

The CBI’s reserves are held to back the currency and ensure monetary stability, and these funds cannot be simply transferred to the government’s general fund to cover operational costs. This separation is a hallmark of a modernizing financial system, but it also means that when oil revenues—the government’s primary source of income—decline due to export disruptions, a liquidity crisis can occur despite the presence of high central bank reserves.

While a liquidity crisis is undoubtedly challenging for the Iraqi people, Stephen frames this period as a vital catalyst for long-overdue fiscal and administrative reforms.

 For decades, Iraq has been heavily dependent on oil exports. The current shortfall in revenue is forcing the government to accelerate its “White Paper” initiatives, which aim to diversify the economy.

These reforms are not just about finding new revenue streams; they are about building a sustainable financial infrastructure. Efforts are currently underway to improve tax collection, enhance banking technology, and combat the systemic corruption that has historically hindered growth.

By modernizing the banking sector and moving toward a more transparent digital economy, Iraq is positioning itself to be more attractive to foreign direct investment, which is essential for long-term stability.

The geopolitical and financial shifts within Iraq suggest a turning point in its economic trajectory. The arrival of a new Prime Minister and a new Central Bank Governor, combined with closer cooperation with the US Treasury, signals a commitment to meeting international financial standards.

Recent oil deal signings and infrastructure projects indicate that Iraq is not just looking to survive the current crisis but is actively restructuring its foundational industries. This collaboration with international bodies is designed to integrate Iraq more fully into the global financial system, potentially paving the way for a more robust and liquid domestic economy.

For those following the Iraqi Dinar, the question of revaluation is always at the forefront. Stephen emphasizes that while the progress toward financial modernization is significant, the timing of any exchange rate change remains uncertain and subject to many moving parts. The focus for Iraq right now is stability—ensuring that the budget is passed, salaries are paid, and the banking system is secure enough to support a sovereign currency.

The current economic climate in Iraq is one of transition. By moving away from a mono-resource economy and toward a diversified, modern financial state, Iraq is laying the groundwork for a more prosperous future. While the road is filled with challenges, the shift toward transparency and reform is a positive sign for investors and the Iraqi people alike.

https://www.youtube.com/watch?v=N3AQcYbTnhc

Coffee with MarkZ, joined by Bob Lock and Zester. 08/05/2026

Coffee with MarkZ, joined by Bob Lock and Zester. 08/05/2026

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:  Work continues on HCL logistics, the latest from Iran. Zester talks about the Clarity Act. Bob Lock takes questions on trusts.

MZ: People who had been traveling are now in place and waiting for the “GO”

MZ: Even the bond side says they are just waiting for the call. There are a bunch of people in position. Everyone is just waiting for permission to go.

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

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

Markz's linktree https://linktr.ee/theMarkZshow

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.

THANK YOU FOR JOINING.  HAVE A BLESSED DAY.  SEE YOU IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!   FOR UPDATES ON MARK’S PODCAST GO TO: https://t.me/+b3hYhYlhKM1hYzcx

Youtube:     https://www.youtube.com/watch?v=In4AVmRBcdQ

News, Rumors and Opinions Wednesday 8-5-2026

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 Wed. 5 Aug. 2026

Compiled Wed. 5 Aug. 2026 12:01 am EST by Judy Byington

The Plan Never Failed
The Great Awakening Golden Age of Freedom & Sovereignty Has Arrived
The World Has A Fair, Transparent, Asset-backed Financial System
As Old Systems of Control, Deception & Scarcity Collapse

Judy Note: “NESARA/GESARA Announcement imminent. Global lockdown for 10-12 days – stay home, stay safe, stay ready.

“Quantum Financial System (QFS) rollout – your new future begins. We are witnessing the end of the old world and the birth of freedom, prosperity, and justice for ALL.

“STAY CALM. REMAIN INDOORS. AWAIT OFFICIAL EBS INSTRUCTIONS. DO NOT LEAVE YOUR SHELTER. THIS IS THE STORM WE’VE BEEN PROMISED.

“Share this NOW – wake up your family & friends before the blackout hits full force! …Tier4b ISO2022 on Telegram

“THE PLAN NEVER FAILED.

“New Financial System: Fair, transparent, asset-backed, and designed for abundance for all people — ending the era of debt slavery and central control.

“To those who have watched, waited, and held faith through the darkness: Stay strong. Stay informed. Stay in alignment. The best is yet to come. The golden light is breaking through the storm clouds right now.

“WARNING: The Storm is Here. The New Golden Age is Dawning. Share this with those who need hope. The Plan was always in motion.

“And now, It’s Time.” …White Hats on Telegram Tues. 3 Aug. 2026

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

Tues. 4 Aug. 2026  Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866

• The Zim has been trading and it’s going up in value. It’s possible to come out slightly higher than $1.

• We could possibly be getting the new currency rates showing on the Forex by Wed. 5 Aug.

• If this does not go by Wed, then we are looking at Sat. or Sun. 8, 9 Aug. 2026.

• The difference will be how the arrests were going.

• The 800 numbers to set exchange appointments should come out by both text and email. Bruce will put the 800# out on his call.

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

Tues. 4 Aug. 2026:BREAKING: Treasury Secretary Scott Bessent Confirms NO CBDC Under President Trump — “That Would Be The First Step Toward Tracking” [VIDEO] – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2026/08/05/restored-republic-via-a-gcr-update-as-of-august-5-2026/

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

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

Reset Intelligence  Iraqi salaries running late is not news. What is news is Baghdad stopped excusing the delays and started explaining them, on the record, with numbers attached. The government confirmed a liquidity crisis and said salaries will be delayed. The monthly salary bill is 10.8 trillion dinars. Domestic revenue against it is 2.5 to 3.5 trillion...The Central Bank of Iraq is sitting on $93.7 billion in reserves, under a gold pile rising in value...A state that rich does not have to plead poverty. It is choosing to...The Prime Minister's own money adviser told the financial press that every salary is fully secured...Iraq has told its people this exact story twice before, and both times it impacted the official rate. The crisis on the screen is the preparation, not the emergency.  Baghdad is readying its citizens for the moment Iraq's money changes.

Militia Man  Article: "THE PARLIAMENTARY FINANCE COMMITTEE PROPOSES PRINTING MONEY TO SECURE SALARIES INSTEAD OF RAISING THE EXCHANGE RATE"  This shows the political temperature around the salary bill is high. Some prefer the short-
term liquidity tool of printing over an exchange-rate step...Printing more dinars...is a short-term monetary expansion and carries inflation risk. A coordinated rate adjustment...would implement a REER-style realignment of the dinar...The pressure is real and the debate is quite active.

Mnt Goat  ...remember...the President Trump administration’s plan to turn the middle east around to a peaceful place...Article: “AN AMERICAN PLOY TO IMPLEMENT THE NEW MIDDLE EAST PROJECT… WILL IRAQ SWALLOW THE BAIT?”  We can already begin to see serious groundwork being laid for this reality to happen.  This article...is telling us without any reservations that Iraq is part of the bigger plan and will be a direct player in this Trump plan. But Trump will also need the cooperation of the Iraq officials to be successful. Folks we can already see the RV taking shape with Al-Sheikh’s plan and the intent behind it... my CBI contact told me they would begin a campaign once again to educate the citizens of the process to swap out their currency to a new set. It is coming...Trump will need the IQD back on FOREX for his plan. 

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

China Buying Physical Silver While Western System Fails | Andy Schectman

Liberty and Finance:  8-4-2026

China is rapidly building a new financial infrastructure centered around physical gold, same-day settlement, and alternatives to Western paper markets, according to Andy Schectman.

In this interview, Andy breaks down China’s gold accumulation, record silver imports, COMEX leverage, and why he believes the world may be shifting toward physical price discovery.

 He also discusses growing BRICS cooperation, new payment systems outside SWIFT, and the potential impact on the dollar’s global role.

Beyond precious metals, Andy warns about the risks surrounding AI development, private credit, and an increasingly digital financial system.

With central banks reportedly accumulating gold at record levels, Andy explains why investors should pay attention to deliveries and physical ownership rather than short-term price movements.

INTERVIEW TIMELINE: 0:00 Intro 1:35 Shanghai physical gold exchange 18:20 Bullion update 27:40 AI & BRICS

https://www.youtube.com/watch?v=cV0lGqhTXCM

Iraq Economic News and Points To Ponder Wednesday Morning 8-5-26

Iraq's Issued Currency Hits $86.3B In May

2026-08-04  Shafaq News- Baghdad   Iraq's issued currency rose to 113.560 trillion dinars ($86.3B) at the end of May 2026, up from 112.896 trillion dinars ($85.8B) a month earlier, as cash circulating outside the banking system continued to increase, according to official data released by the Central Bank of Iraq (CBI).

Compared with the end of 2025, issued currency increased to 99.799 trillion dinars ($75.8B). Net currency circulating outside banks climbed to 106.812 trillion dinars ($81.2B) at the end of May, up from 104.542 trillion dinars ($79.5B) a month earlier and 92.560 trillion dinars ($70.3B) at the close of last year.

Cash held by banks fell to 6.748 trillion dinars ($5.1B) from 8.354 trillion dinars ($6.3B) at the end of April and 7.239 trillion dinars ($5.5B) at the close of 2025.

Economic expert Mohammed Al-Hassani told Shafaq News that the increase in issued currency indicates the CBI injected additional liquidity into the economy. The continued concentration of cash outside banks, coupled with declining bank holdings, reflects the persistent preference of individuals and businesses to hold money outside the banking system, limiting banks' capacity to expand lending and support broader economic activity, he added.

https://www.shafaq.com/en/Economy/Iraq-s-issued-currency-hits-86-3B-in-May

Exclusive: Iraq’s Currency In Circulation Surges Past $86B

2026-08-04 Shafaq News- Baghdad  Iraq’s currency in circulation reached 113.560 trillion dinars ($86.3B) in May 2026, adding 13.761 trillion dinars ($10.6B), or 13.8%, from the end of 2025, according to a review by Shafaq News on Tuesday.

Currency in circulation rose steadily during the first five months of 2026, starting at 99.799 trillion dinars ($76.8B) in December 2025 before reaching 101.431 trillion dinars ($78.1B) in January. The figure then climbed to 104.614 trillion dinars ($80.5B) in February, 108.985 trillion dinars ($83.8B) in March, 112.896 trillion dinars ($85.8B) in April, and 113.560 trillion dinars ($86.3B) in May.

The largest monthly change came in March, when currency in circulation expanded by around 4.371 trillion dinars ($3.4B). The amount recorded another gain of 3.911 trillion dinars ($3.0B) in April before slowing in May, with an increase of about 664 billion dinars ($511M).

The rise coincided with pressure on Iraq’s public finances, including a gap between government revenues and spending, disruptions in oil revenue flows, and delays in salary payments for some state institutions.

Mahmoud Dagher, a financial and banking expert who previously served as a director general at the Central Bank of Iraq (CBI), described currency in circulation as a normal CBI operation but noted that it had become the only available short-term measure to provide liquidity during the current period.

Warning that the policy could contribute to inflationary pressure and place additional strain on foreign currency reserves, he stressed that Baghdad had limited alternatives and was forced to rely on the measure as the lesser of two risks.

“Iraq did not have access to external financial support or a sovereign wealth fund that could provide additional resources,” Dagher added, pointing to limited alternative oil export channels.

Earlier today, the CBI reported that Iraq’s currency in circulation stood at 113.560 trillion dinars ($86.3B) at the end of May 2026, compared with 112.896 trillion dinars ($85.8B) a month earlier, as currency circulating outside the banking system continued to expand.

https://www.shafaq.com/en/Economy/Exclusive-Iraq-s-currency-in-circulation-surges-past-86B

Oil Slides Further On Iran Diplomacy Hopes

2026-08-05 Shafaq News   Oil extended declines on Wednesday after steep falls in the previous two trading sessions, as investors waited ​to see if efforts to end the Iran war and restore traffic through ‌the blockaded Strait of Hormuz were making progress.

Brent crude futures dropped 92 cents, or about 1.2%, to $78.44 a barrel by 0330 GMT. They have tumbled more than 12% for the week thus far.

U.S. West Texas ​Intermediate futures lost $1.07, or 1.4%, to stand at $74.70 a barrel and are down ​more than 11% this week.

Qatar said on Tuesday mediators were making progress in ⁠efforts to end the war, driving oil prices lower, although Tehran has denied U.S. President ​Donald Trump's assertion that talks are underway. Brent closed more than 5% lower on Tuesday below $80 ​a barrel for the first time since July 13.

"While the immediate geopolitical premium has unwound, the broader supply picture warrants caution," said Priyanka Sachdeva, head of market insights at Phillip Nova.

"If diplomatic efforts fail and physical ​supply is ultimately affected, the current pullback could prove short-lived, with tighter inventories amplifying ​the impact of any future supply shock," Sachdeva added.

Prior to the beginning of the war, some 20% of ‌the ⁠world's oil and liquefied natural gas transited through the strait, and in March alone prices rose 50%.

"The main sticking point appears to be whether Iran will continue to insist on a degree of control over the waterway, and whether the U.S. will stand its ground and ​refuse that outcome," analysts ​from IG said ⁠in a note.

Trump and Qatar's Emir Sheikh Tamim bin Hamad Al Thani discussed efforts to narrow differences between Washington and Tehran and improve ​the prospects for a lasting settlement during a phone call on ​Tuesday, Qatar's Emiri ⁠office said.

U.S. crude and gasoline inventories rose while distillate stocks fell last week, market sources said on Tuesday, citing data from the American Petroleum Institute.

Crude stocks rose by about 2.7 million barrels ⁠in the ​week ended July 31, the sources said on condition ​of anonymity.

Official numbers from the U.S. Energy Information Administration are due at 10:30 a.m. ET (1430 GMT) on Wednesday.  (REUTERS)

https://www.shafaq.com/en/Economy/Oil-slides-further-on-Iran-diplomacy-hopes

Basrah Crudes Rise Despite Benchmark Losses

2026-08-05 Shafaq News- Basrah   Iraq’s Basrah crude climbed about 3% on Wednesday, amid losses in benchmark crude futures.

Basrah Heavy crude rose by $1.57, or 3.03%, to $53.33 per barrel, while Basrah Medium crude gained $1.57, or 2.90%, to settle at $55.63 per barrel.

Brent crude futures fell by 92 cents, or about 1.2%, to $78.44 a barrel, while US West Texas Intermediate futures lost $1.07, or 1.4%, to $74.70 a barrel.

OPEC's basket held steady at $79.50 per barrel, while Saudi Arabia's Arab Light crude rose to $74.45 per barrel.

https://www.shafaq.com/en/Economy/Basrah-crudes-rise-despite-benchmark-losses

Iraq Ships 7K+ Tons Of Cement To Syria Monthly

2026-08-05 Shafaq News- Baghdad/ Damascus   Iraq's state-run Al-Qaim Cement Plant has reached its full design capacity of 840,000 metric tons annually, enabling it to meet domestic demand while exporting around 7,500 metric tons of sulfate-resistant cement to Syria each month.

The General Company for Iraqi Cement, part of the Ministry of Industry and Minerals, said the facility produces about 70,000 metric tons monthly, supplying Al-Anbar and other Iraqi provinces. It added that the plant operates around the clock to strengthen Iraq's self-sufficiency and expand the country's cement exports.

Iraq launched its first cement exports to Syria through the Al-Waleed border crossing in May. At the time, Musheer al-Ramah, head of the media office for Syria's border crossings and customs authority, said the shipments were expected to increase local supply, stabilize prices, and support Syria's construction sector and related industries.

A senior economic adviser at Syria's Ministry of Economy previously told Shafaq News that Baghdad and Damascus aim to double bilateral trade within the next two years, with commercial exchange expected to surpass pre-war levels before the end of 2027.

https://www.shafaq.com/en/Economy/Iraq-ships-7K-tons-of-cement-to-Syria-monthly

Small Tanker Fleet Costs Iraq Millions In Shipping Revenue

2026-08-05 Shafaq News- Baghdad   Iraq’s limited oil tanker fleet is forcing the country to depend on foreign vessels to transport most of its crude exports, leaving Baghdad unable to secure additional revenues from shipping and insurance services, oil sector officials told Shafaq News on Wednesday.

The country operates only a small number of tankers through the state-run Iraqi Oil Tanker Company, including the large vessels Akad and Baghdad, along with Tigris and Euphrates. However, those vessels are insufficient to handle the millions of barrels of crude Iraq sends to global markets each day.

Officials, who spoke on condition of anonymity, noted that the use of foreign carriers also reduces the additional value generated from oil exports compared with some Gulf producers that have developed extensive maritime networks alongside their energy industries.

Iraq’s current situation stems from decades of disruption that weakened its maritime capabilities. The country previously maintained a larger fleet, but wars and international sanctions contributed to the decline of its tanker operations and forced many vessels out of service.

“Rebuilding a modern national tanker fleet could improve the security of Iraq’s exports, reduce dependence on foreign shipping companies and create new sources of revenue for the state,” the officials added.

According to the mechanisms used by Iraq’s state-run Oil Marketing Company (SOMO), most crude sales are conducted under the Free on Board (FOB) system, meaning its responsibility ends once the oil is loaded onto vessels at export terminals. After that stage, buyers cover transportation costs, insurance and the risks associated with moving the cargo.

Oil remains the backbone of Iraq’s economy, with crude shipments exceeding 3 million barrels per day (bpd) and income from petroleum sales accounting for more than 84% of government revenues.

Read more: Iraq’s oil bottleneck: Abundance trapped by dependency 

https://www.shafaq.com/en/Economy/Small-tanker-fleet-costs-Iraq-millions-in-shipping-revenue