A New Currency System is Emerging
Matthew Piepenburg: A New Currency System is Emerging
Palisades Gold Radio: Sep 24, 2021
Tom welcomes Michael Piepenburg from Matterhorn Asset Management to the show. Michael discusses how everything is backward and nothing is real anymore.
During Alan Greenspan's time at the Fed everything changed and Wall Street has become a circus. Today's policies would have been unthinkable back in the 90s. Fundamentals barely matter and the new solutions are toxic.
Matthew explains how value investing today has become distorted because everything is momentum-driven. The Fed has other magic tricks in reserve like SRF which is QE under a new name. Tapering is no longer possible and they will only give it lip service.
We passed 100% of Debt to the GDP level back in 2019 and it's only worsened since.
The U.S. will print whatever it wants and thus the value of the currency will be destroyed. At a grass root level, inflation is starting to hurt people. This inflation is exported and we're making a mockery of the reserve currency.
This will end badly.
Basel III was created to curtail some of the leverage in the banking system but the Fed continues to backstop many banks.
Wall Street and the Fed have a toxic relationship. Markets are artificial and this will continue until inflation becomes too painful.
A new Bretton Woods restructuring is coming and they are using the pandemic to justify spending. The financial problems today are blamed on Covid and the fifty years of money printing are overlooked.
Central Bank Digital Currencies will simply be a temporary band-aid on a broken system. Ultimately this will be a tailwind for gold.
Inflation today is over twelve percent when calculated as done in the 70s. They want high inflation since this is the only politically viable way of addressing some of the debt issues.
The market believes in the narrative of transitory inflation. Once faith is lost gold will take off. Gold is currency insurance. Price matters but very soon preserving purchasing power will matter more.
Time Stamp References:
0:00 – Introduction
0:34 - Nothing is Real
5:09 - Valuation Metrics
6:37 - Fed Tricks
10:29 - MMT Debts Matter?
12:56 - Debt to GDP
16:49 - Gold & Repos
27:24 - Foreign Repos
31:53 - IMF, SDR's, and Gold
39:38 - Eye of the storm?
45:22 - Silver
48:28 - Wrap Up
Talking Points From This Episode
- Market distortions, valuations, and why everything is momentum-based.
- Fed's magic tricks and unsustainable debt levels.
- CBDCs, inflation, the end of the dollar, and gold.
Ariel: The Sovereign Currency Exemption
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Why POTUS Is Unbothered About The Clarity Act:
1.4B crypto holdings creating an ethics conflict that stalls the bill. Let them. While the Deepstate blocks the Clarity Act to “protect” the system from his wallet, they are accidentally freezing the Cabal’s off-ramps.
If Trump pushed the bill hard, the Senate would just water it down with centralized carve-outs. By letting Thune stall, Trump forces the SEC to keep its enforcement posture.
Ross: October will be a Big Month for Iraq
8-8-2026
Iraq’s authorities ordered all security posts to intensify vehicle inspections nationwide and take legal action against any driver transporting prohibited items.
This includes civilian and military/security vehicles. No exceptions. The order came less than 24 hours after Prime Minister Ali Al-Zaidi (as Commander-in-Chief) raised the nationwide alert level, combat readiness, and canceled leave for commanders and unit leaders.
Good Afternoon Dinar Recaps,
U.S. Debt Repricing: Is the Financial System Demanding a Higher Cost to Borrow?
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2026-08-07 Shafaq News Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.
Brent crude futures rose 80 cents, or 0.97%, to $83.29 a barrel by 0303 GMT. U.S. West Texas Intermediate futures rose 64 cents, or 0.83%, to $77.93.
Ariel: Iraq Only has Two Options
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The Forex Payback: Apple Rails, CBI Gold, and the End of the Iraq Occupation Ledger (Sept 30th Recoup?)
Iraq is going through financial crisis … no financial liquidity available for them.
They Only Have Two Options
KTFA
Friday Night Video
FRANK26….8-7-26….VIRTUAL REALITY
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#
MilitiaMan and Crew: Dinar Update | Facts You Won't Hear Elsewhere
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The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
80% Of Money Is Outside Banks... Former Mp Calls For A New Strategy To Attract Hoarded Funds
Information/Baghdad... Former MP Abbas Sarout confirmed on Thursday that 80% of Iraqi money is hoarded in homes, away from banks, noting the need to reconsider the strategy for attracting funds to the banking system.
Sarout explained to Al-Maalouma that "Iraq is suffering from a liquidity crisis that has begun to affect salary distribution, given that 80% of the money is hoarded outside banks.
Good Morning Dinar Recaps,
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WTFinance and Miles Frabklin Media:
On this episode of the WTFinance podcast I had the pleasure of welcoming back Andy Schectman. Andy is the CO of Miles Franklin Precious Metals.
During our conversation we spoke about the current situation in the economy, the structural issues that are facing the monetary system, what this means for gold and precious metals, creation of multipolar systems and more.
Ross: The IQD is Well on its Way
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No one is talking about how big this actually is.
CBI is actively working to bring Apple, Google, and Meta into Iraq under proper licensing and payment regulation.
Those companies don’t take cash.
They don’t take .00076 dinars
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The Man Who Broke the Pound
By Reset Intelligence | @EXIT_FIAT
The man who runs the US Treasury helped break the Bank of England in 1992 and beat the yen from inside the Soros fund. This week Wall Street started calling his currency moves a 2nd Bretton Woods, out loud.
Bruce’s Big Call Dinar Intel Thursday Night 8-6-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the big call it is Thursday August 6th and you’re listening to the big call thank you big call universe for tuning in again - thanks everybody for being here and I'm kind of excited about what I want to bring tonight in my Intel segment, which I do have some good intel for us, and I'm looking forward to hearing from Sue, from Bob, and we're just on our way.
Now, what else do I want to tell you? Let's go into where we are on the intel tonight. What we're hearing is sort of what I said on Tuesday. If it didn't happen Wednesday, then we're looking at the eighth and ninth, which is Saturday, Sunday.
Good Afternoon Dinar Recaps,
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Coffee with MarkZ, joined by Mr. Cottrell. 08/07/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Iraq, Iraq, defense treaties and jobs. All that before the Codeman joins us.
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
TNT:
Tishwash: A new shipment of $500 million in cash has arrived in Iraq.
Payment of $500 million
Allocating funds for travelers and remittances
To boost liquidity
A source reported in press statements that a new batch of cash dollars had arrived in Iraq, sent by the US Federal Reserve to the Central Bank of Iraq.
Ross: The Solution that will Boomerang the IQD Revaluation
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Iraq does not revalue the Dinar to escape crises of this severity BUT sink-or-swim is the only thing that historically forces Baghdad to move on structural files that have been stalled for years.
The solution that will provide a boomerang towards the revaluation of IQD.
Official Source: $500 Million Cash Shipment Arrives In Iraq
Iraqi News AgencyThursday, August 6th, 2026 / 19:52INA – Baghdad An official source announced the arrival of a new shipment of US dollar banknotes in Iraq valued at $500 million.
The source told the Iraqi News Agency (INA) that “the US Federal Reserve has sent a new shipment of US dollar banknotes to the Central Bank of Iraq worth $500 million.”
Good Morning Dinar Recaps,
BRICS Strengthens Alternative Trade Architecture: Global Financial System Continues Its Structural Shift
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KTFA
Saturday Night Video
FRANK26….8-8-26…..CITIZENS…REPEAT AFTER ME !!!
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#