Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25

 Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, April 1st  no fooling, and we're happy that you're here. We're happy to welcome everybody back on to the big call tonight. Those of you who are out in the hinterlands Greenland, no, just kidding, new volcanos up in Iceland, I heard today so or explosions of them. Thank you for coming in, we're glad you're here. We're gonna have a nice call tonight,  I hope to bring some valuable information to you.

Let's delve into what has been happening. Man, there's been a lot going on, some of which I was privy to this past week, and some of it I was not, but generally speaking, I have a pretty good idea of where we are and where we're going.

Now, to correct something that I said on last Thursday's call, I believe it was my in my mind calendar was off, and now that we know today is Tuesday, the first of April, that means tomorrow, which is Liberation Day, is the second of April, and Liberation Day is going to mean a lot for us, I believe, and I'll talk about that in a minute, but tomorrow being Wednesday is also the first Wednesday of the month, and therefore it's a Social Security day for people with early birthdays in the month, because they set your Wednesday up based on what your birthday is throughout your birth month.

And so that means now, the second, which is tomorrow is Wednesday. And then second, the ninth 16th and the 23rd

Means now the 2nd  which is tomorrow, is Wednesday, and then 2nd  the 9th  the 16th  and the 23rd  your first four Wednesdays for Social Security. Now, what I'm hearing, and Jeannie  always reminds me about Social Security increases  are supposed to happen  this month

I’m the last Wednesday of the month, so I never find out until mine will be the 23rd of April, but we should be in pretty good shape before that occurs. But there's been discussion as to whether the DOGE payment for Social Security  recipients  would occur into their Social Security bank accounts I'm calling  them - and whether that would be an increased amount  which we expect it to be – quite substantial -  And it may be DOGE Payment  which is supposed to start in the next  two or three days.

You've got Liberation Day tomorrow, which is Wednesday. So Wednesday, Thursday, Friday, which is the, what the second - third and fourth of April is when we expect DOGE payments to come out -   now it could come as a separate  payment or as an additional amount  increasing your Social Security  - and everybody gets it by direct deposit

as far as -   I don't know, some people may get it my paper check, I don't know. I just know that everyone  I've talked to gets it by direct deposit so that could be increased as early as tomorrow for the early social security recipients.

We got DOGE kicking in. They're calling it, oh gosh, I don't know. They're calling it DOGE dividend or DOGE payment, something to that effect.

 I don't even know if the word DOGEwill be in there, but that's theory, is that the additional amount is coming from savings that Elon and his team have found by going through all the waste, fraud and abuse of all of our and they haven't done all of our programs yet and all of our parts of government, but what they've done so far, it looks like they're going to save quite a bit, allow the government to save quite a bit of money, spending foolishly and fraudulently, People that are over 113 or 14 years old, and all kinds of stuff you guys have seen, I'm sure some of the DOGE information, but we've got that starting.

And then we also have, what we're hearing about, the R, and R is if you have exchanges to do. And if you have zim to redeem at the redemption center, then you should have your R and R institution, reclination allowance, or, I've heard it said restitution reconciliation allowance, that maybe have that at the redemption center, either in your  quantum account that is ready to be set up and activated by you when you go in, it's either there or it will be there after you do your exchange and you go to check it out.

It's an amount that could be substantial. I mean, it could be very high for certain people older you are more likely that it's that it's it's a greater amount.

The more taxes you paid, the more interest you've paid on on mortgages and credit card debt and bank loans and car loans and all that stuff. All of that is going to be in that one time lump sum payment for R and R.

Now I've heard different things on the DOGE payments for how long it will go? How it's being combined with Social Security. Social Security could get “renamed” something else. I'm not sure. I can't really, to me, it's up in the air. It's just going to happen. It's going to happen this month.

Don't be shocked if you see an amount in your bank account that's a lot higher from a Doge payment in especially in conjunction with your social security. They are using the same algorithm that they pay Social Security with to the doge. How it actually comes down? I’ve heard it three or four different ways, so I'd rather not put it out –

Similarly, I have heard that when we move our fund, when we have our quantum account set up, which will do that as part of our redemption appointment and our currency exchange. When we do that, we'll move money for the first six months that we need.

We'll move that into our primary Wells Fargo account, and then it's up to you to estimate what you want, what you think you'll need to put in that account to last you for two months, 60 days, two months,

Then on the 63rd day, I don't know why, 63/63 day, you're supposed to have access to all of it so that you can move it, you know, without asking them to allow you to move your money into your account, I'll just say it that way.

So the one good thing about money being left in your quantum account is nobody can see it, but you, unless you let somebody else see the screen, nobody knows how much you have in there.

Now, in conjunction with that, banks, yesterday, yesterday, which was Monday, the 31st yesterday was the day of what they're saying is called “digitalization”  with the banks.

Digitalization is designed where the banks are no longer going to be able to see. This is the theory of it. I can't prove it yet, but this is what it's supposed to be.

Our banks will no longer to see your account balance in your bank accounts, they're your that's your money and your accounts, and they won't be able to see the amounts that you have, and that's really good in case that you move millions and billions of dollars into your bank account, like your Wells, primary or secondary accounts, or another bank you got tied in that Only you can see the balance that you have,

I think it's a little bit unusual, but that's what it is. That's what it is. And I said, Well, if the in the banks are not supposed to use our money to make money, they're not supposed to use our money.

I said, Well, how? How are we supposed to how are the banks supposed to make money if they can't use our money to do it? And the answer came back that they're going to offer financial services, which I'm sure they'll offer some specialty services for us that are considered using Premier banking with Wells, basically high net worth individuals.

 And that would include, I'm sure it would include setting up of trusts. There'll be a charge for that. I guess you see, they do a certain amount of those for free, but I think now they're going to be desperate to make money.

So the other thing, so that you don't feel too bad about the banks, the bank will pick up decimal point, oh, two, 5% that's 20 5000s of 1% point 02  5% on our transaction, and the person that helps us in the redemption center will pick up point 025% to work with us

At the time of the exchange that will it doesn't really come off our side of the equation, which is kind of weird. It doesn't supposedly to come off of our balance. So there'll be, they'll be making money from us that way on the exchange. There won't be a ton of money. You hardly recognize it, but after you do a whole group for a week or two of zim holders and high currency holders, it turns into real money fast.

You know, all you have to do is look at the value of the Zim when you see a 10 t or 50 T or 100 T node. And you know that if you even only, if you only had 100 T o's and you took point, oh, two 5% of that, well that turns into real money. It really does. So banks are going to do that. They'll make some money on financial services.

They are going to get into the real estate game. They're going to make money on real estate, they're going to make money on insurance, and they're also going to make money buying and selling crypto coins.

And remember, the five crypto currencies that are all gold back are going to be, if you have it and you want to sell it at the time of your exchange, they will be able to pay you for The Crypto coins. You know, XRP, Bitcoin, XRP, Ethereum, Solano and Cardano, those are the five coins.

And of course, Bitcoin, I believe, has by far away, the highest value per coin, if I remember right, they will be able to transact that at the redemption centers, but the redemption centers will then sell those coins to the bank, so the banks will have a way to transact and make some some money with crypto coins. That's just real recent, like the last day or so that has been decided upon.

So a lot of the banks that we have now already turned into high wealth management type branches, some have closed, some have been sold to other banks. You know, there's going to be a little shake up in the banking system as we transact and go into this new world, but we've got the QFsystem, we've got the StarLink satellite system, we have the blockchain technology, the FinTech system.

They're all these systems that are integrated now and give you an opportunity to transact using your almost you don't have it yet, but the Q phone, you're supposed to be able to transact using the Q phone, which will be really interesting to make that happen, you're supposed to get a Q phone if you are a zim holder.

Zim holders are given the cue phone, and I have no idea how, what carrier we're going to using, or what if there's a monthly charge for it, how it's going to run, but they are true. Satellite phones connected to the Starlink satellite system, and you guys might remember when Elon Musk was asked by President Trump to help out people that were stranded in North Carolina with satellite phones. Those were phones that had connected through T Mobile to the Starlink satellite system.

So I don't know if T Mobile is going to be the carrier for the Q phone or not, but in that particular case, Elon worked it out with with T Mobile to work those phones for the people that were have self service or didn't have hard lines in western North Carolina and maybe other areas, but I just know western North Carolinas was the one that was seemingly the worst that flooding and there been fire come in after the flood, which is the weirdest thing, we could imagine –

and it does not it appears these fires, for the most part, were not naturally occurring from lightning strikes, but rather deep state fires that were set in South Carolina, behind Myrtle Beach, all the way over in that area, that South Carolina kind of wooded And behind Myrtle Beach behind the golf courses.

And, you know some of course, I remember so many barefoot landing golf courses there, and some of those there. I played some of those courses. I haven't played all of them still in Myrtle Beach. Something put on the bucket list, I've got probably 15 of those courses I’ve plasyed  probably play another probably play another 30 or 40 of them ,

So that is sort of where we stand on the whole banking  perspective and  coins and so on- The  tomorrow US the Liberation Day, as President Trump has called it, what are we going to be liberated from or liberated to? So it seems as what I'm hearing is the DOGE payments would start Wednesday, which is the second Wednesday, Thursday, Friday.Those three days is when they're supposed to go out.

Some may go check paper check drawn on the US Treasury  shouldn't have any trouble negotiating it, even though decent size checks – but most will get it by direct deposit. My understanding is, even if you're not on Social Security, but you have a bank account, it will go by direct deposit to your bank account and say, Well, how do they know it? They KNOW IT by your security number, okay, so that's how that will will come.

What else is happening?  Could we get an announcement  about NESARA  and GESARA tomorrow, on Liberation Day. Could we? I think it's quite possible. That’s what I’m hearing -  Yes, we should

We know the USN is  part of NESARA -  We know that tax relief and I mean NO Federal income taxes, no state income tax is part of NESARA. I believe some aspects of NESARA will take a while to roll out. I don't out in one or two or three days. I think they have to let it.

Let us get used to one or two things before they bring everything else out, but our asset backed currency, the USN and the USTN, United States Treasury note, the actual physical paper money, our new money is out already, and redemptions have it, and our banks have it, the USTN in the drawers in the vault, ready to the drawers.

But we don’t know exactly when its going to happen  - when, that's when we go for our changes -we should be able to get the new USTN currency which it is asset backed primarily with gold, but other assets should be able to get some of that at the redemption center, and they changed the amount that they would like us to take, but they're trying to hit the redemption center with more to make sure that they have enough.

Okay, because people get the new life. It doesn't matter that we have a ton of it. Could get two or $3,000 of it without a problem. I think, I think that's kind of where they want us to be, somewhere around them, more than three grand. You don't want to become a target for robbery or anything like that, so to always get more later on,

Let's see. All right, let's talk about what else should I have to say? Should we have two separate sources, is, and these are pretty strong sources, is that we should get our notifications by  email from the Wells Fargo servers  tomorrow by or around noon tomorrow, by or around  noon tomorrow, and that would bring the tomorrow into a whole new light for us, because then we would set our appointments, and maybe we don't exchange starting tomorrow, but maybe we start exchanging on Charlie Ward’s Thursday, because that that looks like what it right now. I don't have absolute on that, but we know we've got at least two, maybe three, sources that are saying our numbers are supposed to come out tomorrow.

I'd hoped to have had them today on the call tonight, but that did not happen, so we may end up doing a celebration call on Thursday, and that would be celebrating the fact that we started and we have our numbers that we started exchanges. If it happens Wednesday, Thursday, then we would have a short celebration call on Thursday.

Beyond that, guys, I think what's happening behind the scenes, they're continuing Clean up on aisle seven, eight and nine. That continues. It's going very successfully. And the bond holders are moving forward to they should have, I believe they should have access to funds tomorrow, is what I'm hearing. So we'll see. You know that has changed.

They have been moved just as many times as we have. And I'm looking forward to this going and for us moving, we are going to post the 800 number on our website, on the landing page. When we get it, I am supposed to get it first. I will put that out through Bob and through Raleigh on our website.

All right, so let's go ahead and pray the call out,  So thank you, everybody, and continue to believe this and pray it in tonight. And let's see if that prayer is answered for us tomorrow.

Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 REPLAY LINK   Intel Begins   1:09:09

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Bruce’s Big Call Dinar Intel Thursday Night 3-20-25 REPLAY LINK   Intel begins   1:18:00

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Seeds of Wisdom RV and Economic Updates Wednesday Evening 4-2-25

Good Evening Dinar Recaps,

US DOLLAR DAYS ARE NUMBERED: 2 ALTERNATIVE ASSETS THAT COULD REPLACE USD

The US dollar is currently standing on the precipice of a radical change, a transformation that intends to strip the USD bare of its reserve currency status. The US dollar has been encountering steep fluctuations in its price, with major non-traditional reserve currencies giving stiff competition to the dollar.

With Trump’s rising trade war narratives, the US dollar has been suffering the most out of the lot, with new alternatives busy challenging the American currency’s dominance at a rapid pace. Will the US dollar be able to survive this new development? Let’s find out.

The World Order Is Changing: Will The USD Be Able To Withstand This Change?

It all started with a new statement made by Larry Fink, the CEO of financial giant BlackRock. Fink, in his annual company letter, shared a new analysis, adding how the US dollar could lose its dominance to Bitcoin. This statement made a pivotal impact on the current financial mindset of the world, where BTC seems to be taking the lead over major world assets.

“If the U.S. doesn’t get its debt under control, if deficits keep ballooning, America risks losing that position to digital assets like Bitcoin.” Fink shared

In addition to this, Deutsche Bank had also echoed a similar stance earlier, adding how US dollar dominance is currently in grave jeopardy.

“We do not write this lightly. But the speed and scale of global shifts are so rapid that this needs to be acknowledged as a possibility. It is hard to overestimate the scale of change taking place in global economic and geopolitical relations in a matter of days.” As stated by George Saravelos, the bank’s global head of FX strategy, in a note to clients.

The Trump administration has also shown a steadfast approach toward expediting crypto proceedings. Trump has recently announced a crypto reserve with coins like BTC, ETH, XRP, ADA, and SOL included in the lot.

The US government is also exploring stablecoins as capable instruments to keep the US dollar’s dominance intact. However, the fact cannot be denied that Bitcoin is now being viewed as digital gold, another safe haven asset that could protect investors from stark USD volatility.

Another Asset Threatens the American Currency’s Dominance

Apart from Bitcoin, the steady rise of gold is also damaging the US dollar’s prestige in the long haul. Central banks all over the world have lately been diversifying their reserves, hoarding gold aggressively in the process. This demand has spiked XAUs value to new highs, threatening the age-old established world order.

“According to the IMF figures not updated for 2024, central banks’ gold holdings have surged by roughly 200 million troy ounces (6,221 tonnes) from 2006 to 1.16 billion troy ounces, driven largely by China and Russia,” Richter wrote. “The increases in China and Russia alone represent nearly 60% of the total increase since 2006. “ In dollar terms, these gold holdings at today’s price amount to $3.65 trillion.” As stated by Wolf Richter, Kitco writer and Wall Street analyst.

With Trump’s decision to announce further tariffs on April 2nd, the world could again witness sharp dollar volatility if the tariff spree escalates the global trade war narrative. With this, the investor sentiment could continue to favor Bitcoin and gold as safe haven assets, detailing the US dollar further in the process.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

BRICS: HERE’S HOW TRUMP’S RECIPROCAL TARIFFS WILL IMPACT THE US DOLLAR

Since his return to the White House, US President Donald Trump has sought to end global de-dollarization. In pursuit of that, he has targeted the BRICS alliance with 150% tariffs, as Trump is now set to levy reciprocal tariffs on the entire world, with the US dollar bound to be affected.

Since his election win in late 2024, he has placed a massive target on the BRICS bloc. Specifically, he sought to end any talks of local currency promotion within the global south. However, this move is less about the status of the greenback and more about balancing global trade. So, what impact will it have on the asset?

BRICS & The World to Face Trump Tariffs on US ‘Liberation Day’: How Will the US Dollar Respond?

US President Donald Trump has been hyping up his April 2nd announcement as the country’s ‘Liberation Day.’ The administration is set to unveil a string of tariffs that seek to balance global trade, with nations like Israel and India already announcing an end to their tariffs on US goods to curtail the action.

Now, more than just the BRICS bloc is targeted by these Trump reciprocal tariffs, so the question is, just what will they do to the US dollar? Indeed, the returning president has continuously sought to secure the greenback’s status. Yet, the economic policy is bound to affect it internationally.

Rather surprisingly, the US dollar is expected to stabilize over the coming months, according to a Reuters report. However, it is still set to be affected by “mounting worries about the economic impact of President Donald Trump’s erratic tariff announcements,” strategists told the publication.

“Over one-third of strategies surveyed in the past few days also expressed concern about the greenback’s traditional role in the currency market as a safe haven,” they added. Indeed, the aggressive policy could threaten the currency in a myriad of ways.

Just this week, BlackRock CEO Larry Fink expressed concern regarding the US dollar’s status. Specifically, he noted that Bitcoin’s rise could affect it. Interestingly enough, Trump has been the driving force of that rise. Altogether, the dollar could be subject to increased pressure, proving the BRICS bloc right in its continued de-dollarization efforts.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

SUMMARY OF PRESIDENT TRUMP'S RECIRPOCAL TARIFF ANNOUNCEMENT:

1. Tariffs imposed on 50+ countries in announcement

2. Tariffs are 50% of rates imposed on US, by country

3. 10% baseline tariff on all countries worldwide

4. 25% auto tariffs on all foreign made vehicles

5. Trump says tariffs will "give the US growth"

6. Trump plans to announce "largest tax cut in US history"

7. Baseline tariffs go into effect April 5th

8. Reciprocal tariffs go into effect April 9th

This is the largest tariff announcement in US history.

@ Newshounds News™

~~~~~~~~~

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Thank you Dinar Recaps

The Collapse Is Here: The Final Stage for Fiat | Larry Lepard

The Collapse Is Here: The Final Stage for Fiat | Larry Lepard

Kitco News:  4-2-2025

Is America on the brink of a monetary collapse – and could sound money like gold and Bitcoin be our only way out?

Veteran investor and sound money advocate Lawrence Lepard joins Kitco News anchor Jeremy Szafron to discuss the collapse of the U.S. monetary system, as outlined in his new book, The Big Print:

What Happened to America and How Sound Money Will Fix It. Lepard warns that decades of monetary mismanagement, endless money printing, and artificially low interest rates have pushed the financial system to the edge.

With U.S. debt now exceeding 120% of GDP, Lepard says a sovereign debt crisis is inevitable. “The government is trapped and has to keep printing money,” he tells Kitco. Key Topics:

Why the current monetary system causes wealth inequality

How fiat money “steals from working people”

Why he believes we’re deep into the Fourth Turning

The mechanics of the coming “debt doom loop”

Why Bitcoin is the “most asymmetric bet” he’s seen

Why gold is signaling the failure of fiat

His bold proposal to abolish the Fed and restore sound money

00:00 Introduction

 01:27 The Core Idea of 'The Big Print'

01:42 The Broken Monetary System and Wealth Inequality

03:51 The End Game of the Monetary Experiment

10:15 The Everything Bubble

13:21 Critique of the Federal Reserve

18:06 Inflation and Government Deception

 24:12 The Fourth Turning Theory

 26:29 The Future of Sound Money

27:19 The Debt Doom Loop Explained

30:31 Comparing Post-WWII Growth to Today

32:21 Bitcoin: The Asymmetric Bet

40:40 Gold's Resurgence and Market Dynamics

 43:33 A Vision for Monetary Reform

51:19 Final Thoughts

https://www.youtube.com/watch?v=gAipoqRmDW4

Some “Iraq News” Posted by Clare at KTFA 4-2-2025

KTFA:

Clare:  Mazhar Muhammad Salih: The urban renaissance continues thanks to the three-year budget.

4/2/2025

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed that the financial and legal flexibility provided by the budget law (the three-year budget), in accordance with the amended Financial Management Law No. 6 of 2019, has enabled the executive authority to implement its government service program without interruption, which has contributed to achieving a continuous urban renaissance in all governorates of the country.

 Saleh explained to Al Furat News Agency that "the 2025 financial tables, which will soon be submitted to the House of Representatives in accordance with Article 77/Second of the Triennial Budget Law, will include some important adjustments in spending, revenue sources, and deficit management, especially after the House of Representatives approved, in early February, the amendment to Article 12 of the law, related to the mechanisms for calculating the extraction of Kurdistan Region oil in the areas of production and transportation."

He pointed out that "the financial track is proceeding smoothly and with a high level of governance, transparency, and financial integrity, through coordination between the legislative and executive authorities."

From.. Raghad   LINK

Clare:  Iraq's foreign reserves rise to a record high

4/2/2025

 The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that foreign reserves are at their highest historical levels, helping to achieve economic balance and stability for the country. He also indicated that reserves still cover more than 100% of the currency in circulation.

Saleh said in a press statement: “The slight decline in the Central Bank’s reserves, estimated at 1% of the country’s total foreign reserves, is linked to two factors: First, the increased level of foreign currency reinforcements provided by the Iraqi banking system to its correspondents abroad for the purposes of financing trade and external transfers, which led to a significant decline in the dollar exchange rate against the dinar in the parallel market and an increase in the value of the dinar in that parallel market.”

He explained that "control over domestic liquidity levels has become high, significant, and influential in light of the increasing external value of the dinar, which continues to indicate a decline in the effectiveness of the parallel or secondary market in the country. There has also been a very clear decline in growth rates in the general price level and a very high level of price stability, unlike anything the country has ever witnessed before."

 He added, "The other issue depends on the degree of growth in the amounts in which the public finances exchange monthly oil revenues in foreign currency for the dinar for the benefit of total spending (which is the basis of foreign reserves) and converting them into Iraqi dinars," noting that "this is also linked to the degree of discipline and control of public expenditures on the one hand, and thus the slowdown in the liquidation of government foreign currency proceeds into domestic liquidity that can be spent on the other hand through the general budget." 

He pointed out that "taking into account the risks of fluctuations in average export oil prices of about $70 or less per barrel in energy markets, which occurred in recent months, this means that the compatibility between the level of replenishment of foreign reserves (through collecting them through cash issuance), which may have become slower and less rapid on the part of public finance, and external transfers in foreign currency for the benefit of financing private sector trade on the part of the monetary authority, which is still at a relatively high pace, is what caused this deficiency or slight decline in foreign reserves."

Saleh continued, "Foreign reserves remain at their highest historical levels, achieving economic balance and stability for the country. The function of foreign reserves remains to defend price stability. However, it is also wise for the Central Bank of Iraq to closely monitor the movements of the current account of the balance of payments to maintain the stability of foreign reserves and monitor their growth safely." 

He stressed that "these foreign reserves still cover more than 100% of the currency in circulation and enjoy a high commercial efficiency of more than 15 months of imports, compared to the global standard of three months." He added that "the monetary authority is the only competent entity responsible for managing the country's monetary policy at the domestic and external levels, with a high degree of consensus in terms of balance and transparency to
achieve and maintain economic stability."   LINK

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

Clare: The performance of the Iraqi banking sector during the year: decline in some indicators and growth in others.

4/2/2025- Baghdad

The Iraqi banking sector witnessed significant changes in its financial indicators over the past year, according to published data. These data reflect the performance of commercial banks, cash flows, dollar purchases and sales, and the policies of the Central Bank.

Commercial banks: decline in some assets and growth in private deposits

Data showed a 0.92% decline in commercial bank assets, falling from KWD 205.25 trillion at the end of 2023 to KWD 203.36 trillion at the end of 2024. Current deposits also declined by 9.38%, while private deposits increased by 10.63%, indicating increased consumer confidence in private banks compared to traditional current deposits.

Dollar movements: Central bank purchases drop sharply

The Central Bank's dollar purchases recorded a significant decline of 61.97%, falling from $8.35 billion to $3.18 billion. In contrast, cash dollar sales saw a slight decline of 0.92%, reflecting a decline in demand for hard currency in local markets.

Cash: A decrease in the money supply and a decline in the issued currency reserves

The issued currency decreased by 1.36%, while cash outside banks decreased by 10.26% to 130.35 trillion dinars, compared to 145.26 trillion dinars the previous year. The ratio of required reserves to issued currency also decreased from 143.14% to 129.64%, indicating a decrease in cash liquidity available in the market.

Central Bank: Increase in loans and decrease in gold reserves

Loans granted to small and medium enterprises (SMEs) saw a significant increase of 47.02%, reflecting a trend toward supporting economic development through project financing. Meanwhile, gold reserves fell by 8.69% to 189.90 trillion dinars, compared to 207.96 trillion dinars last year.

Inflation and exchange rate: a significant decline

The inflation rate fell by 35.56%, from 4.50% to 2.90%, reflecting improved price stability. The exchange rate on the parallel market also declined by 1.32%, indicating relative stability in the value of the dinar against the dollar.  LINK

Clare:  The Director General of Rafidain Bank identifies the importance of the AML system in enhancing financial transparency.

The Director General of Rafidain Bank, Dr. Ali Al-Fatlawi, highlighted the importance of the AML system in enhancing financial transparency, while pointing out that the bank has taken important strategic steps in the field of combating money laundering and terrorist financing.

The Director General of Rafidain Bank, Dr. Ali Karim Hussein, said that in light of the escalating challenges associated with financial crimes at the global level, anti-money laundering (AML) systems have become a top priority for financial institutions and governments.

As a cornerstone in protecting the integrity of financial markets and promoting economic stability, he stated, "With countries committed to implementing strict international standards in this area, Rafidain Bank stands out as a leading Iraqi financial institution that has adopted the latest monitoring and compliance systems, strengthening Iraq's position in the global financial system."

Regarding the importance of the anti-money laundering system and its role in financial stability, Al-Fatlawi explained that "money laundering poses a direct threat to economic systems, as it enables illegal activities to integrate into the financial system, leading to monetary instability and weakening economic policies."

He added, "For this reason, financial institutions implement strict measures to ensure compliance with international standards, such as the Financial Action Task Force (FATF) recommendations, which establish a comprehensive framework to combat these financial crimes."

He pointed out that "the Anti-Money Laundering (AML) system aims to prevent, analyze, and detect suspicious financial activities through mechanisms that include:

- Know Your Customer (KYC) verification to ensure knowledge of the true sources of funds;
- Monitoring financial transactions to detect any unusual activity;
- Immediate reporting of suspicious transactions to regulatory authorities;
- Using modern technology in financial analysis to enhance the efficiency of detecting illegal activities."

He continued, "These practices not only enhance the transparency of financial markets, but also contribute to raising countries' financial ratings and improving the business and investment environment," stressing that "there is significant support from the Anti-Money Laundering Office, and absolutely, through the development of the AML system."

He explained that "Rafidain Bank, as a banking institution with a major market share in Iraq, continues its pioneering role in developing the local banking structure in accordance with the latest international standards." He emphasized that "in recent years, the bank has taken important strategic steps in the field of combating money laundering and terrorist financing, reflecting its firm commitment to enhancing financial transparency and achieving full regulatory compliance."

Regarding the launch of the Daily Financial Transactions Monitoring (AML) system, he emphasized that "in a qualitative step, Rafidain Bank announced the launch of an advanced system to monitor daily banking transactions across its branches, making it the first Iraqi bank to adopt this supervisory approach in accordance with the latest global banking technologies."

He noted that "this project was implemented in partnership with specialized international institutions, as it aims to analyze and track all financial transactions in real time, contributing to enhancing the level of banking security and combating any illegal attempts at money laundering."

He explained that "the system included, in its first phase, six major branches of regulatory importance, including Al-Waziriya, Al-Muheet, Al-Rafie, Al-Dura Oil Complex, Zurbatiya, and Safwan, with the system to be gradually expanded to the remaining branches. This system is characterized by its ability to:

- Identify suspicious financial activities immediately, enabling rapid response;
- Analyze big data and its intersection with international sanctions lists, ensuring full compliance with regulatory standards;
- Improve financial audit efficiency by transitioning from paper-based operations to smart digital systems.

He pointed out that "this initiative confirms that Rafidain Bank is adopting a proactive approach to combating financial crimes, which strengthens its position as a trusted banking institution within Iraq, regionally, and internationally."

Regarding the economic and regional repercussions of adopting AML systems in Iraq, Al-Fatlawi explained, "Rafidain Bank's commitment to best practices in combating money laundering leads to strategic outcomes that extend beyond the bank itself to encompass the Iraqi economy as a whole.

Advanced banking systems that adopt advanced AML technologies enable:

- Achieving financial stability by preventing illicit money flows, which may negatively impact liquidity and price fluctuations.
- Strengthening international banking relations, as compliance with global standards enhances opportunities to establish partnerships with foreign correspondent banks, facilitating the smooth flow of money transfers and foreign investments.
- Stimulating foreign direct investment, as international investors seek safe financial environments free from regulatory risks.
- Improving Iraq's global financial reputation, which contributes to raising the rating of the Iraqi banking system with international financial institutions."

He continued, "Rafidain Bank is at the forefront of banking transformation, as the progress it has made in implementing anti-money laundering systems reflects its commitment to international standards and its keenness to protect the Iraqi banking sector."

He indicated that "by employing advanced financial technology, strict adherence to transparency, and integration with international regulatory systems, the bank continues its role as a pivotal financial institution in supporting financial integrity and economic stability."

 He went on to say, "As the digital transformation in the Iraqi banking sector continues, Rafidain Bank's experience represents a successful model of how to achieve a balance between regulatory compliance and technological development, paving the way for a more transparent and reliable banking future, both locally and internationally."

https://www.rafidain-bank.gov.iq/verify/index.php?url=/?article=142

Iraq Economic News and Points to Ponder Wednesday Afternoon 4-2-25

Government Advisor: The 2025 Budget Includes Significant Adjustments In Spending And Deficit.

Time: 2025/04/02  {Economic: Al Furat News} The Prime Minister's advisor for financial affairs, Mazhar Mohammed Saleh, confirmed that "the general budget amendments enhance stability and support the country's urban renaissance."

Saleh told Al Furat News Agency that: "The financial and legal flexibility available in the Federal General Budget Law No. 13 of 2023 (the three-year budget), in accordance with the implementation of the amended Financial Management Law No. 6 of 2019, has allowed the executive authority to proceed with the implementation of its government service program for ongoing projects without interruption and at a high level of stability."

He explained that "these efforts have been clearly reflected in all governorates of the country, as they are witnessing a continuous and organized urban renaissance." He pointed out that the financial tables for the year 2025 will soon be submitted to the Council of Representatives in accordance with Article 77/Second of the Three-Year Budget Law, which will include some important adjustments in spending, sources of public revenue, and deficit management."

He pointed out that these adjustments come after the Council of Representatives approved, in early February of the month before last, the amendment to Article 12 of the Budget Law, related to the mechanisms for calculating the extraction of oil from the Kurdistan Region in the areas of extraction and transportation operations.

The Financial Advisor emphasized that the financial track is proceeding regularly and effectively, with a high level of governance, transparency, and financial integrity, thanks to close coordination between the legislative and executive authorities.  LINK

Government Statement On Iraq's Foreign Reserves: At Their Highest Levels

Money and Business  Economy News – Baghdad   The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that foreign reserves are at their highest historical levels, helping to achieve economic balance and stability for the country. He also noted that reserves still cover more than 100% of the currency in circulation.

“The slight decline in the Central Bank’s reserves, estimated at 1% of the country’s total foreign reserves, is linked to two things: First, the high level of reinforcements of the Iraqi banking system with foreign currency from their correspondents abroad for the purposes of financing trade and external transfers, which led to a significant decline in the exchange rate of the dollar in the parallel market against the dinar and an increase in the value of the dinar in that parallel market,” Saleh told the official agency, as followed by “Al-Eqtisad News.”

He explained that "control over domestic liquidity levels has become high, significant, and influential in light of the increasing external value of the dinar, which continues to indicate a decline in the effectiveness of the parallel or secondary market in the country.

There has also been a very clear decline in growth rates in the general price level and a very high level of price stability, unlike anything the country has ever witnessed before."

He added, "The other issue depends on the degree of growth in the amounts in which the public finances exchange monthly oil revenues in foreign currency for the dinar for the benefit of total spending (which is the basis of foreign reserves) and converting them into Iraqi dinars,"

 noting that "this is also linked to the degree of discipline and control of public expenditures on the one hand, and thus the slowdown in the liquidation of government foreign currency proceeds into domestic liquidity that can be spent on the other hand through the general budget."

He pointed out that "taking into account the risks of fluctuations in average export oil prices of about $70 or less per barrel in energy markets, which occurred in recent months, this means that the compatibility between the level of replenishment of foreign reserves (through collecting them through cash issuance), which may have become slower and less rapid on the part of public finance, and external transfers in foreign currency for the benefit of financing private sector trade on the part of the monetary authority, which is still at a relatively high pace, is what caused this deficiency or slight decline in foreign reserves."

Saleh continued, "Foreign reserves remain at their highest historical levels, achieving economic balance and stability for the country. The function of foreign reserves remains to defend price stability. However, it is also wise for the Central Bank of Iraq to closely monitor the movements of the current account of the balance of payments to maintain the stability of foreign reserves and monitor their growth safely."

He stressed that "these foreign reserves still cover more than 100% of the currency in circulation and enjoy a high commercial efficiency of more than 15 months of imports, compared to the global standard of three months."

 He added that "the monetary authority is the only competent entity responsible for managing the country's monetary policy at the domestic and external levels, with a high degree of consensus in terms of balance and transparency to achieve and maintain economic stability." https://economy-news.net/content.php?id=54025

An Iraqi Oil Field With Reserves Of 22 Billion Barrels Has Been Awarded A New Contract.

Energy  Economy News – Baghdad  An Iraqi oil field with recoverable reserves of approximately 22 billion barrels has been awarded a new contract to provide full project management services.

China Huanqiu Engineering & Construction Corporation (HQC) has signed a contract to provide project management services for the West Qurna 1 oil field in Iraq.

The West Qurna 1 field, located in Iraq's Basra Governorate, is one of the largest oil fields in Iraq, with recoverable reserves of approximately 22 billion barrels.

The field's proven reserves are estimated at more than 12 billion barrels, according to a statement posted by the Chinese company on the social media platform WeChat.

West Qurna Oil Field Production

Since CNPC took over as prime contractor from ExxonMobil on January 1, 2024, the West Qurna field has maintained an average production of over 541,000 barrels per day of crude oil throughout the year.

Production reached a record high of 568,000 barrels per day on July 28 of last year (2024), according to Huanqiu Engineering and Contracting Company.

On January 22, 2025, the signing ceremony for the West Qurna-1 oilfield water injection project was successfully held at the headquarters of China Petroleum Engineering and Construction Corporation (CPECC).

This project is the largest engineering, procurement, and construction (EPC) contract since the company assumed the role of prime contractor for the West Qurna 1 oil field project, according to a statement seen by Energy Platform.

This initiative introduces advanced high-pressure water injection technology, using the latest water treatment and reinjection systems, to maintain optimal reservoir pressure and enhance production efficiency.

The implementation strategy consists of two phases, focusing on upgrading existing facilities and establishing new water injection infrastructure. The completed facility will significantly increase water injection capacity from 300,000 barrels per day to 1.5 million barrels.

Iraqi Oil Field Developments

On January 1, 2025, China National Petroleum Corporation (CNPC) held a groundbreaking ceremony for the new operations headquarters for the West Qurna 1 project in Basra, Iraq's second-largest city and a major port.

Oil Minister Hayan Abdul-Ghani announced via video link that the field's production has now reached 550,000 barrels per day, praising the Chinese company for providing job opportunities and adequate services to local communities.

The new complex extends over an area of ​​800,000 square meters, with a total construction area of ​​approximately 50,000 square meters. It is scheduled for completion in two phases, the first in 2027 and the second in 2028.

The first phase will accommodate 540 employees and include two production command buildings, a restaurant, a multi-purpose building, a medical clinic, a maintenance workshop, and other support facilities.

Laying the foundation stone for the new operations headquarters for the West Qurna oil field project - Photo from the China Daily platform

In a press release reviewed by Energy Platform, the China National Petroleum Corporation announced that it had successfully completed the handover of seven fields within six months, with all fields fully delivered.

By last year (2024), average annual production had risen to 541,000 barrels per day, and production stabilized at 550,000 barrels per day, reaching a record peak of 568,000 barrels on July 28, 2024.

In 2025, the successive operation of four major projects will contribute to increasing production capacity by 200,000 barrels per day.

"We expect production capacity to reach 800,000 barrels per day by 2028, 1 million barrels per day by 2030, and in the next phase, 1.2 million barrels per day by 2035," said project manager Kai Kai Ping https://economy-news.net/content.php?id=54033

New Rise In Basra Crude Prices

Wednesday, April 2, 2025 | Economic Number of reads: 209   Baghdad / NINA / The prices of Basra heavy and medium crude oil rose on Wednesday, with the stability of oil prices in global markets.

The prices of Basra heavy crude rose 76 cents, or 1.07%, to reach $72.04, and the prices of medium crude rose 76 cents to reach $75.09.

Oil prices stabilized before Trump imposed new tariffs that could deepen the global trade pocket.
Brent crude recorded $74.60, up 10 cents, and US crude recorded $71.26, up 3 cents. / End

https://ninanews.com/Website/News/Details?key=1195312

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

How Much Should You Add to Your Emergency Savings To Keep Up With Inflation?

How Much Should You Add to Your Emergency Savings To Keep Up With Inflation?

Kerra Bolton  Mon, March 31, 2025 GOBankingRates

Saving three to six months of emergency savings is a must, especially during times of economic uncertainty. However, rising inflation means that a $10,000 safety net might not be able to buy as much tomorrow as it does today.

GOBankingRates talked to financial experts to find out how much you should add to your emergency savings to keep up with inflation.

3% to 4%

Carson McLean, founder of Altruist Wealth Management, said individuals should aim to increase their emergency fund by 3% to 4% annually, assuming average inflation.

“For example, if your emergency fund is $30,000, aim to add an extra $900 to $1,200 each year, just to maintain its purchasing power,” McLean said.

Individuals can find the inflation rate by using the annual Consumer Price Index for All Urban Consumers published by the U.S. Bureau of Labor Statistics.

“Set an annual recurring calendar reminder to review the prior year’s inflation data and top up your fund,” McLean said. “Alternatively, set up an automatic savings transfer. For example, add $100 per month to your emergency account, which covers most inflation adjustments without much thought.”

The Exact Annual Inflation Rate

William Bergmark, a personal finance expert at Credwise, recommended that individuals use the annual inflation rate to calculate how much they should add to their emergency savings.

“For example, if you’ve saved $20,000 and inflation is 5%, you’ll have to put in at least $1,000 that year,” Bergmark said. “Inflation gradually erodes the purchasing power of your money — just letting it sit in the bank. So, it is a must to continuously build your emergency fund.”

TO READ MORE: https://finance.yahoo.com/news/much-add-emergency-savings-keep-150033188.html

Economist’s “News and Views” 4-2-2025

Economic Breakdown as Stock Market Crashes with Chris Vermeulen

WTFinance:  4-2-2025

On this episode of the WTFinance podcast I had the pleasure of welcoming back Chris Vermeulen.

Chris is the Founder & Chief Market Strategist at The Technical Traders. During our conversation we spoke about his views on the market, risk of a crash, shift of momentum, precious metals, how long do cycles last and more. I hope you enjoy!

0:00 - Introduction

1:00 - Chris’ view on markets

 4:10 - Market crash?

 6:20 - Shift of momentum

9:02 - Precious metals

11:14- How long do cycles last?

15:12 - Picking the bottom

 17:20 - Global crash?

20:45 - Treasuries

22:40 - One message to takeaway from our conversation?

https://www.youtube.com/watch?v=ylxpiATuo4o

THE US DOLLAR WILL LOSE ITS WORLD RESERVE CURRENCY STATUS AND IT WILL CHANGE EVERYTHING.

Greg Mannarino:  4-2-2025

https://www.youtube.com/watch?v=G8qeO0Qx0Do

Bill Holter: COMEX Sees Massive Amount Of Gold Stand For Delivery With 'Reciprocal Tariffs' On Deck

Arcadia Economics:  4-2-2025

The reciprocal tariffs are set to go into effect today, and it's happening at a time when we're continuing to see massive amounts of gold flow from London and stand for delivery in New York.

Of course we've even see the price rallying in response, and in today's show, Bill Holter checks in to talk about the impact of the tariffs, and what he's seeing in the precious metals markets.

To find out more, click to watch the video now!

https://www.youtube.com/watch?v=-zS3Au-XMr0

Wednesday Coffee with MarkZ. 04/02/2025

Wednesday Coffee with MarkZ. 04/02/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member” Good Morning Mark, Mods and fellow RV’ers……RV there yet????

Member: Happy Liberation Day (I think...not feeling as liberated as I would with an RI of my Dinar...just sayin')

Member: Today, April 2 is Liberation Day. (Trump Declared) and it commemorates the Coinage Act of April 2, 1792 when the dollar was attached to gold/silver. Today is supposed to be golden . A special day of prosperity.

MZ: Specifically it was attached to a Spanish silver ounce.

Member: Maybe President Trump will announce at least the intention to go back on the gold standard if not do it outright?

Member:  Fairly certain that today will mostly be a nothing burger, folks have built this date up way too much as always. Hope I’m wrong !

MZ: Keep in mind that today is an important day. They have to fix all the problems before they can reset. Fixing everything is important otherwise we would just rehypothicate or hand money to the rats and nothing would change. They are fixing taxes, tariffs, DOGE stuff….it is all very important and necessary steps before the reset. .

Member: I wish everybody would stop beating around the bush and just tell us the truth …actual truth instead of thousand excuses

Member: Wouldn’t that be wonderful …

Member: Why so much disinformation….Why so much secrecy? I don’t get it

MZ: To me it makes sense why they do it. They do it on purpose- they have to cloud the timing. If everybody knew when it would happen…big investors will flood the markets with billions investing in dinar ect and upset everything. But it sucks though.

Member: Rumors floating around are that the RV is today and banks are exchanging.. How do they keep getting away with saying this stuff?

MZ: Yes a lot of them are saying that. Others are saying lower denominations are out. My contacts on the streets in Iraq are saying they wish that was a fact…but they don’t have any and they can’t find any. Let’s hope those folks are right about RV today. I would love to be wrong.

Member: One of my patients that is a bank manager said to hold onto currency of wealthy countries because he said something could change soon. He said this last week to me.

Member: I also wanted to mention that I talked with a patient yesterday that’s from Venezuela. He told me that the Bolivar has gone digital and they have dropped the zeroes and renominated.

Member: I wonder what happened to the bondholders that were given money to travel???

MZ: I have one that was given money to travel…..he traveled and now he is not talking. I know a couple more that were asked for their banking info so they could be sent travel money. They are still waiting for that money to be sent to them. They were told to be prepared to go at any moment. Once they receive their money they will have 2 days to get to their appointments.

 MZ: I do have a bond contact say there are scheduled bond meetings with bond holders (Not bond facilitators) this evening. The first meeting is in Europe. I have not heard a peep from bond holders in Reno. It seems like all the bond movement is overseas right now…not domestic. There has been movement in Asian and European markets.

MZ: Reno is the biggest information leak on the planet. I expect to see no movement out of Reno. If I were handling exchanges there…they would be the last people to go ….imo.

Member: Will the bolivar be in the first basket?

MZ: We don’t know for sure…but many people believe it will be.

Member: if a person has only Zim and bolivar….and the bolivar is not in the first basket…would they have two bank appointments? One to exchange Zim and a later one to exchange Bolivar?

MZ: Yes. Appointments could be a year a part…or 2 months? We don’t know yet.

MZ: “Government talk about Iraq’s foreign reserves at their highest level”  Their foreign reserves are at the highest levels ever. They are telling us how stable and secure they are.

MZ: “Final Budget return to the fore as Parliament awaits the arrival of the 2025 budget schedules” There is a mechanism in it that if they do not get this thing passed soon it defaults to the last paid budget. Meaning they can’t add any new projects but will allow the continuation of existing things while the adopt the previous years budget with the existing spending numbers…...

Member: Keeping stalling the RV would not be good for Sundani reelection if it doesn't pass it. so I think they need to push it through asap!!

Member: I saw Trumps press secretary saying that he was considering exchange rate as part of the financial recovery. No specific countries were mentioned

Member: Yes…Caroline Levitt mentioned Trump was considering currency exchange rates in the recovery! No specific countries mentioned

Member: I stopped at Chase bank yesterday! There was a lot of people waiting for wealth advisors

Member: I wonder if there is any movement in Dubai, d1 and d2?

Member: I wish we knew what to expect when we go in to exchange???

Member: Folks, imo there is absolutely nothing to worry about. Hand over currency… watch machine count…. Sign papers…. Rich.

Member: Passover starts on the 13th. Hopefully, we see movement on RV! Easter is April 20th

Member: Maybe they are waiting for the St. Germaine trust to open on Easter?

Member: Thank you for keeping us all sane Mark, Really appreciate you and your team.

Member: Prayers for all of those suffering are those that have lost precious loved ones.

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=y3D8DMl27-E

News, Rumors and Opinions Wednesday 4-2-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 2  April 2025

Compiled Wed. 2 April 2025 12:01 am EST by Judy Byington

“Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.”    …President John F. Kennedy

Possible Timing, Global Currency Reset:

Tues. 25 March 2025 Mr. Pool: Reports from Reno suggest that the first batches of ZIM holders have been escorted under military guard to classified exchange points. https://t.me/Official_MrPool

On Tues. 25 March at 2am EST Tier 3 and T4a Paymasters were (allegedly) made LIQUID. …Mel on BOOM Call https://youtu.be/VSmR4LfsfYs

Thurs. 27 March 2025 Bruce: Bond Holder Paymasters were saying Bond Holders would have access to their accounts over the weekend. As of ten am Thurs. 27 March 12% of Bond Holders had gone through. Multiple sources said Tier4b (Us, The Internet Group) would likely get notification to set appointments very soon. The full revaluation will happen after Tues. 1 April 2025. The month of April will see an increase in Social Security payments. On Thurs. 27 March the 800 number was (allegedly) being loaded into the various systems.

On Mon. 31 March 2025 a high level contact reported that Tier4a (SKRs, Groups) started exchanging today Mon. 31 March. They anticipated that Tier4b (Us, the Internet Group) would begin exchanges by around Thurs. 3 April.

On Wed. 2 April 2025 the system starts to click, US Dollar fades away. …White House Post on Telegram PATRIOT ALERT – PRESIDENTIAL STRIKE ORDER ACTIVE: APRIL 2ND – LIBERATION DAY: TRUMP LAUNCHES WAR ON THE T*****R CLASS TO RECLAIM AMERICA’S STOLEN WEALTH – amg-news.com – American Media Group

Trump has declared Wed. 2 April 2015 as Liberation Day when gold/asset-backed monies of Nesara/Gesara would be (allegedly) released to The People of the World. With that, corrupted banks all over the Globe were expected to fall, the Stock Market, collapse; the Federal Reserve with their criminal IRS would be no more.

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

Tues. 1 April 2025 Bruce:

Tier4b (us, the Internet Group) should receive notification to set exchange appointments by noon Wed. 2 April.

Social Security increases are supposed to occur this month.

The DOGE payment is supposed to start within the next few days. That comes from savings that Musk has found in fraudulent SS payments.

The Restitution & Reclamation amount should be in your Quantum Account you set up at the Redemption Center

You will move six months of funds from your Quantum Account into a Wells Fargo Account.

Estimate what you need for the first two months to move into your Wells Fargo Account. On the 63rd day you can move whatever you want into the Wells Fargo Account.

Banks will offer financial services that they charge for. Banks and Exchange people will pick up .025% of our exchange for their services (that we don’t pay).

On Wed. 2 April Liberation Day we could get an announcement about Nesara Gesara.

The new asset-backed USTN is(allegedly)  in bank vaults. You should be able to get around $3,000 in cash at your redemption appointment.

Read full post here:  https://dinarchronicles.com/2025/04/02/restored-republic-via-a-gcr-update-as-of-april-2-2025/

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

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

Militia Man  People around the world should understand Iraq is showing their true colors.  They are going International.  They're going to a digital environment and they're doing it right before our eyes.

Walkingstick   [Lower denomination] Descriptions, the media, billboards, bulletin boards in the CBI banks, ATMs with new software system all of this is going to be brought out within the next two months in this 'Asraflak' software system that will be done...

Frank26   It looks like we're down to the finish line, down to the last few moments of this historical monetary reform.  It's been an amazing ride.  It's been epic.  It's definitely been historical...Once the COM receives the budget financial tables their eyes will witness the new exchange rate.  I pray this is the case because if they come out at 1310 then that budget is an impossibility and everything else Sudani has for the future of Iraq is impossible.

Will the IQD Exchange Be This Easy? IQD | MEX | ANG | XCG

Edu Matrix:  3-31-2025

Learn everything you need to know about the 2025 Caribbean currency transition from the Netherlands Antillean guilder (ANG) to the Caribbean guilder (XCG).

This video explains the step-by-step process to exchange your ANG, key deadlines, and where to go for large or small amounts. We also highlight exotic currencies to watch in April, May, and June 2025, including insights into the Mexican peso and the brand-new XCG.

Whether you're living in Curaçao, Sint Maarten, or simply interested in international currency trends, this guide is a must-watch.

https://www.youtube.com/watch?v=7Ja7aED9tOo

STOLEN Gold in Fort Knox, US Dollar VS. Gold, REVALUATION, Bitcoin Reserve & $37T Debt| Ryan McMaken

Lena Petrova:  4-1-2025

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 4-2-25

Good Morning Dinar Recaps,

CRYPTO-BACKED CANDIDATES WIN FLORIDA SPECIAL ELECTION, HEAD TO U.S. HOUSE

Two Republican candidates supported by the crypto-funded political action committee Fairshake have secured seats in the US House of Representatives following special election in Florida, marking a notable win for the digital asset industry.

Jimmy Patronis emerged victorious in Florida’s 1st Congressional District, defeating Democrat Gay Valimont with 57% of the vote, according to Associated Press data.

Meanwhile, Randy Fine clinched the 6th District seat with 56.7% support, overcoming public school teacher Josh Weil. These elections filled vacancies left by Matt Gaetz and Mike Waltz, respectively—the latter recently taking up a post as White House national security adviser.

GOP Tightens Grip on Long-Held Florida Districts Amid Narrowing Margins

Both districts have traditionally been Republican strongholds for the past three decades, though recent cycles have shown narrowing margins. The latest victories further solidify GOP control in these areas.

Fairshake, a crypto-focused PAC backed by major industry players such as Coinbase, Ripple, and venture capital firm Andreessen Horowitz, spent heavily in support of both candidates.

The PAC invested approximately $1.16 million on behalf of Fine and $347,000 to bolster Patronis’s campaign.

Both incoming representatives have openly supported the cryptocurrency industry. In a January 14 post on X (formerly Twitter), Fine declared, “Floridians want crypto innovation!”

Fairshake has played an increasingly influential role in US politics, channeling roughly $170 million into the 2024 election cycle to support candidates aligned with pro-crypto legislation.

With Patronis and Fine entering the House, Republican representation rises to 220 seats, while Democrats hold 213. Two additional seats remain vacant following the recent deaths of Representatives Sylvester Turner (D-TX) and Raúl Grijalva (D-AZ) earlier this month.

While the GOP would have retained its House majority regardless of the Florida outcomes, the added support strengthens the likelihood of advancing crypto-related legislation in Congress.

Several bills are already in play, including the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which passed the Senate Banking Committee in mid-March with bipartisan support.

Rep. Ro Khanna Says Crypto Legislation Could Pass This Year

At the Digital Assets Summit on March 18, Democratic Representative Ro Khanna expressed optimism that Congress could pass both a stablecoin framework and a broader crypto market structure bill this year.

In addition, Senator Cynthia Lummis recently reintroduced a bill to establish a Strategic Bitcoin Reserve, a move that aligns with ongoing Republican efforts to bolster U.S. leadership in digital asset infrastructure.

@ Newshounds News™
Source:  99Bitcoins

~~~~~~~~~

TED CRUZ INTRODUCES FLARE ACT TO REPURPOSE FLARED GAS FOR BITCOIN MINING

The Texas Senator’s Facilitate Lower Atmospheric Released Emissions bill aims to make the state “the number one place for Bitcoin mining.”

U.S. Senator Ted Cruz (R-TX) has introduced a new bill aiming to turn waste energy into electricity for Bitcoin mining.

The Facilitate Lower Atmospheric Released Emissions (FLARE) Act, introduced on March 31, is geared towards making waste energy productive by capturing gas that would otherwise be flared or vented. The plan is to incentivise this capture by offering full expensing for property used to capture that gas.

Cruz specifically pointed to crypto mining as a direct output of this extra energy. In a statement announcing the bill’s introduction, he said that it, “takes advantage of Texas’s vast energy potential, reinforces our position as the home of the Bitcoin industry, and is good for the environment.”

The Senator affirmed his commitment to "making Texas the number one place for Bitcoin mining,” adding that the FLARE Act, “incentivizes entrepreneurs and crypto miners to use natural gas that would otherwise be stranded."

The U.S. focused bill specifically names competitive countries that shall not be allowed to participate in the scheme, including China, Iran, North Korea and Russia.

In a press release from Cruz’s office, Hailey Miller, Director of Government Relations & Public Policy at the Digital Power Network, praised the new bill, saying that Bitcoin miners are “uniquely positioned to help reduce emissions by harnessing stranded and wasted energy sources.”

Miller added that the FLARE Act “ensures that American energy producers have the tools to deploy cutting-edge solutions that make our energy markets more efficient and resilient."

The new Act would specifically, "amend the Internal Revenue Code of 1986 to provide for permanent full expensing for property used to capture gas that would otherwise be flared or vented and to use such gas in value-added products."

This measure should also help to enhance grid resilience while offering new electricity and "other useful outputs."

Cruz’s bill comes after U.S. President Donald Trump pledged to ensure that “all remaining Bitcoin” would be mined in the U.S. as part of his reelection campaign. Bitcoin advocates have long held that mining the cryptocurrency could be a means of harnessing waste energy from natural gas flaring, the practice of burning off excess gas that can’t be economically captured or transported.

@ Newshounds News™
Source:  Decrypt

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Protecting Yourself From Both Scams And Tax Penalties

Protecting Yourself From Both Scams And Tax Penalties

Joe Cortez Moneywise

California man loses life savings, owes more than $30K in taxes after falling prey to sophisticated scam

On top of losing his life savings to scammers, Chester Frilich of Concord, California is facing a tax bill of over $30,000 which could end in him losing his home.

As reported by ABC7 News, his problems began when he received a call from somebody claiming to be from Xfinity, who claimed his account was used to upload pornographic videos. An hour later, he heard from “Jason Brown” with the Federal Trade Commission, listing all of his credit cards and telling him he was under investigation for wire fraud.

In order to clear the issues, the scammers posing as the FTC said they would help him move his money to a “secure account,” which involved him sending thousands of dollars of gold and cash through couriers and UPS. He tapped into multiple accounts, including Certificate of Deposit (CD) and IRA accounts, to send over $200,000 in funds before the police informed him that it was all a scam.

By using those accounts to send money, Frilich amassed a tax burden of around $30,000, which will end in the IRS putting a lien on his home if he can’t pay the bill or work out an arrangement with the agency.

While losing money in a scam is awful, getting penalized on top of it makes it even worse. How can you guard yourself from tax problems as you try to avoid fraud?

Why Early Withdrawal Penalties Matter

While most bank and investing accounts are designed to hold “liquid” assets — defined as cash or assets that can be converted to cash quickly and easily — some accounts are structured to effectively “lock down” money to pay interest and dividends over an extended period of time and are not considered “liquid.” Examples include the two types of accounts Frilich pulled money from: Certificate of Deposit (CD) accounts and Individual Retirement Accounts (IRAs).

Both are designed to keep money locked for an extended period of time, but in different ways. A CD is offered by banks or credit unions as a savings option, where consumers agree to deposit their money for a specific period of time before they can make a withdrawal.

CD terms can range anywhere from one month all the way to five years. IRAs are investment accounts designed to help you save money for your retirement. The earliest one can withdraw money from an IRA without issue is when the account holder turns 59½.

Anyone withdrawing money from either of those accounts before they mature will face penalties. Under federal law, banks are allowed to charge penalties for early withdrawal of CDs.

While the minimum penalty is seven days of simple interest if the withdrawal is done within six days of deposit, a larger penalty can apply for early withdrawal at any other time during the term.

TO READ MORE: https://www.yahoo.com/finance/news/california-man-loses-life-savings-120300738.html