Banking Crisis Warning: What Global Banks Aren’t Telling You

Banking Crisis Warning: What Global Banks Aren’t Telling You

Awake-In-3D  March 12, 2025

Global banks are pulling back, signaling trouble ahead—here’s what they don’t want you to know.

The global financial system is sending a quiet but urgent warning—one that most people are overlooking. Banks are supposed to fuel economic growth by lending, but right now, they’re doing the opposite. Instead of putting money into businesses and households, they’re stockpiling government bonds at an alarming rate.

 This shift isn’t random—it’s a calculated move that signals caution, not confidence. In times of financial uncertainty, banks act as early warning indicators. Their recent actions suggest a brewing banking crisis, one that could have far-reaching consequences for investors and policymakers alike.

A Sudden Shift in Strategy

European banks recently embarked on an extraordinary bond-buying spree—the third largest on record. The last time we saw such a move was in April 2020, at the height of global economic panic during the pandemic. This sudden shift raises serious questions, particularly given one alarming detail: despite their enthusiasm for purchasing government bonds, these banks show remarkable reluctance to lend money to businesses and households.

Central Banks Are Losing Control

Central banks globally are aggressively cutting interest rates, publicly framing these measures as economic stimulus to spur borrowing, investment, and growth. Yet banks—the very institutions responsible for channeling money into the economy—are not responding as expected. Instead, they’re retreating, opting for safety over opportunity.

Why Banks Are Tightening Credit

Why are banks tightening credit instead of lending? Historically, when banks increase their holdings of government bonds, it’s a clear signal of caution. They perceive greater risk ahead and choose safety over profit. This behavior isn’t isolated to Europe:

• China recently had to intervene with a bank bailout.

• U.S. banks are tightening their credit standards.

• Financial institutions worldwide are adopting defensive postures rather than aggressive lending strategies.

The Banking Crisis and Economic Warning Signs

The critical takeaway here is that low interest rates, often touted as a sign of a strengthening economy, often signal deeper underlying issues. Banks, well-positioned to detect early signs of economic trouble, indicate apprehension rather than optimism.

This trend warrants serious consideration. When banks collectively adopt defensive strategies, it often foreshadows broader economic challenges on the horizon. Investors and policymakers would do well to heed this signal and prepare accordingly.

How Investors Can Protect Themselves

So, what do savvy investors do in times like these? They shift their focus from volatile fiat currencies and unstable economic policies toward more reliable stores of value—most notably, hard assets like gold. History repeatedly demonstrates that during uncertain times, tangible assets offer a crucial hedge against financial turbulence.

The Bottom Line: Banking Crisis Signals Caution

In short, the current behavior of global banks is a quiet yet powerful indicator that caution, preparedness, and prudent investing strategies are more important now than ever.

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The Fiat Dollar’s Final Days: Why a Return to Asset-Backed Money Is Now Underway

The Fiat Dollar’s Final Days: Why a Return to Asset-Backed Money Is Now Underway

Awake-In-3D   March 9, 2025

The fiat system is mathematically unsustainable. A return to asset-backed money isn’t just probable—it’s inevitable. No fiat currency has survived forever. Will the U.S. dollar be any different?

For decades, the U.S. dollar has been the cornerstone of global finance, but cracks in the system are becoming impossible to ignore. Inflation is eroding purchasing power, national debt is skyrocketing, and history has shown that no fiat currency lasts forever.

As we witness the Fiat Dollar’s Final Days, one question remains—what comes next? The answer lies in a return to asset-backed money, the only proven path to restoring stability and trust in the financial system.

The transition back to real money is no longer a question of if—it is only a matter of when.

The Decline of the U.S. Dollar’s Purchasing Power

Since the U.S. abandoned the gold standard in 1971, the dollar has undergone relentless devaluation:

• $20 in 1972 now requires $160 in 2023 to buy the same goods and services.

• This reflects a 700% increase in prices, meaning the dollar today buys only 12.5% of what it could in 1972.

• Inflation, driven by continuous money printing, remains the primary force behind this decline.

Source: The Visual Capitalist

The dollar’s purchasing power continues to erode, forcing Americans to take on more debt just to maintain their standard of living. This outcome was never a possibility—it was a mathematical certainty in a fiat system.

Historical Precedent: 775 Failed Fiat Currencies

The U.S. dollar is not immune to the fate of every other fiat currency in history:

• A study of 775 historical fiat currencies shows that the average lifespan is just 27 years.

• Many fiat currencies collapsed due to hyperinflation, war, or poor monetary policy.

• Examples include:

• Weimar Germany’s Papiermark (1920s) – Hyperinflation rendered it worthless.

• Zimbabwe Dollar (2000s) – Inflation peaked at 89.7 sextillion percent per month.

• Venezuelan Bolívar (2010s) – Over 1,000,000% inflation wiped out savings.

The British Pound and U.S. Dollar remain exceptions—but both have lost nearly all of their original value. The only reason the dollar has lasted longer is its global reserve currency status, a privilege granted after World War II.

Why the U.S. Dollar Has Outlasted Other Fiat Currencies

Most fiat currencies throughout history have followed the same short-lived trajectory—rising to prominence, collapsing under the weight of debt and inflation, and ultimately being replaced. Yet, the U.S. dollar has defied this cycle, surviving far longer than the average fiat currency lifespan of 27 years. The key reason? Its status as the world’s primary global reserve currency.

The Dollar’s Unique Global Role

Following World War II, the Bretton Woods Agreement (1944) established the U.S. dollar as the foundation of the international financial system. Unlike other national currencies, the dollar became the standard for global trade, oil transactions, and foreign exchange reserves. This privileged status allowed the U.S. to:

• Export inflation globally – Because countries needed dollars for trade, the U.S. could print more money without immediate consequences.

• Borrow without limits – Demand for dollars kept interest rates artificially low, enabling the U.S. government to accumulate massive debt.

• Fund military and economic dominance – The dollar’s global acceptance allowed the U.S. to finance wars, economic interventions, and geopolitical influence with newly printed currency.

The Petrodollar System: A Lifeline for Fiat Dominance

In 1971, when President Nixon ended the gold standard, the U.S. struck agreements with Saudi Arabia and other oil-producing nations to ensure that oil would only be traded in U.S. dollars. This petrodollar system created a new artificial demand for the currency, reinforcing its global dominance even after losing its gold backing.

As long as countries needed dollars to purchase oil and conduct international trade, the U.S. could continue running massive deficits and inflating the currency without immediate collapse—something no other fiat currency in history has been able to do.

The Dollar’s Reserve Status Is Now at Risk

Today, however, the factors that once kept the dollar afloat are beginning to unravel:

• Foreign nations are diversifying away from the dollar – China, Russia, and other economic powers are forming trade agreements in alternative currencies, reducing reliance on the dollar.

• The petrodollar system is weakening – Countries like Saudi Arabia and the BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring oil trade agreements that bypass the U.S. dollar.

• Debt levels are spiraling out of control – The U.S. is now generating $1 trillion in debt every 100 days, making long-term confidence in the dollar increasingly unsustainable.

Without its global reserve currency status, the U.S. dollar will lose the one advantage that has allowed it to survive longer than any other fiat currency. And once that happens, its fate will be no different from the hundreds of failed fiat currencies that came before it.

The Debt Spiral and the Fiat Dollar’s Final Days

The U.S. government faces an unsustainable debt trajectory, guaranteeing continued currency devaluation:

• U.S. national debt is approaching $37 trillion.

• The U.S. government is generating an over $1 trillion in debt every 100 days today.

• Annual interest payments on the debt now outpace military spending.

In a fiat system, governments sustain debt by printing more money. This endless money printing accelerates the dollar’s devaluation, creating a cycle that inevitably leads to collapse.

The Only Way Forward: A Return to Asset-Backed Money

Historically, fiat currency cycles have followed a consistent pattern:

1. Governments print excessive money.

2. Debt spirals out of control.

3. Confidence in the currency collapses.

4. A new monetary system emerges.

The U.S. dollar requires asset backing to avoid collapse. The timing, not the possibility, remains the only uncertainty.

What an Asset-Backed Dollar Means for the Fiat Dollar’s Final Days

A modern, asset-backed currency would likely involve:

• Gold-backed U.S. Treasury notes issued at a new exchange rate.

• A mix of commodities (gold, silver, oil, or even digital assets like Bitcoin) to provide additional stability.

• A phased transition away from pure fiat, allowing markets to adjust gradually.

Returning to asset backing would:

• Restore confidence in the dollar by tying it to real-world value.

• Prevent uncontrolled money printing and enforce fiscal responsibility.

• Protect savings and wages from the relentless erosion of purchasing power.

The Bottom Line: The System Is Running Out of Time

The U.S. dollar has had an extraordinary run, surviving far longer than most fiat currencies due to its global reserve status. However, history, math, and economics all point to the same conclusion—the system is running out of time.

With debt levels exploding, inflation eroding purchasing power, and nations actively preparing alternatives, the era of the unbacked fiat dollar nears its end.

The only viable solution is a return to real, asset-backed money. When this reset happens, those who understand the shift will be best positioned for the future.

The transition back to real money is no longer a question of if—it is only a matter of when.

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How Could Iraq’s Gold and Oil Catapult the Dinar to Kuwaiti $3.25 Rate—or Far Beyond?

How Could Iraq’s Gold and Oil Catapult the Dinar to Kuwaiti $3.25 Rate—or Far Beyond?

Awake-In-3D  March 3, 2025

As an electrical engineer with a data-driven background and a career founding technology companies, I explore a theoretical scenario where Iraq’s gold and oil resources could revalue the Iraqi dinar (IQD) to $42 against the fiat US dollar.

Grounded in economic principles and Iraq’s tangible assets, this analysis imagines how such a shift might unfold—if conditions align.

Iraq’s resource wealth positions it for a potential economic transformation. Could gold and oil propel the dinar to unprecedented heights? This scenario avoids speculative hype, instead leveraging quantifiable factors to propose a plausible outcome.

Iraq’s Resource Foundation

Iraq holds the world’s fifth-largest proven oil reserves at 145 billion barrels, per the U.S. Energy Information Administration. With oil prices potentially reaching $100 per barrel by early 2026—aligned with forecasts from the International Energy Agency—Iraq aims to boost production to 5 million barrels per day (bpd).

Simultaneously, its gold reserves have grown to 162.7 metric tons by February 2025, according to the World Gold Council. If gold hits $3,000 per ounce by late 2025, as some analysts like Goldman Sachs predict amid inflation and central bank demand, these holdings would be worth $15.7 billion USD.

These assets—oil and gold—form the backbone of a potential currency revaluation.

A Strategic Asset-Backed Approach

Imagine Iraq stabilizing its dinar by backing it with tangible assets, diverging from Kuwait’s managed currency peg of $3.25 USD tied to a currency basket. Iraq might aim for financial independence, leveraging:

• Gold Reserves: 162.7 metric tons, valued at $15.7 billion USD, with a 10% backing (1/10th gram per currency unit) chosen to balance stability and flexibility, inspired by historical gold standards like the U.S.’s 40% pre-1933 model.

• Oil Wealth: A conservative 5% of its 145 billion barrels, or 7.25 billion barrels, valued at $725 billion USD at $100/barrel, pledged to bolster confidence without overcommitting reserves.

Together, these yield $740.7 billion USD in backing assets, a foundation for revaluation.

Policy Mechanism: Redenomination

A key step could be a redenomination, removing three zeros from the dinar, a tactic used successfully elsewhere. Turkey, in 2005, dropped six zeros from its lira, simplifying transactions without altering economic value. For Iraq:

• 1,000 old IQD becomes 1 new IQD.

• Money supply (M2) shifts from 173,686 trillion old IQD to 173.686 billion new IQD, maintaining overall worth.

• This eliminates psychological barriers tied to high denominations, enhancing usability.

The Exchange Rate Calculation

Backing 10% of the new money supply—17.3686 billion new IQD—with $740.7 billion USD yields:

740,7 billion USD 

17.3686 billion new IQD = 42.64 USD per new IQD  

Rounded to $42 USD, this suggests:

• 1 new IQD = $42 USD.

• 1 USD = 0.023 new IQD.

While ambitious, this value reflects Iraq’s resource scale, potentially exceeding Kuwait’s $3.50 peak in 1991, supported by smaller reserves (101.5 billion barrels, negligible gold).

Implementation Steps

For this to work, Iraq would need:

1. Stronger Reserves: Accumulate US dollars, euros, and yuan to buffer global liquidity, akin to pre-euro reserve builds.

2. Oil Expansion: Push production past 5 million bpd, mirroring Saudi Arabia’s export-driven growth.

3. Innovative Tools: Issue oil-backed bonds for investors and a digital dinar, reducing cash reliance, as piloted by nations like China with its e-CNY.

4. Dollar Independence: Deepen trade with BRICS nations, gradually shifting from USD dominance, a trend seen in recent Sino-Iraqi oil deals.

Global and Domestic Implications

If successful:

• Iraqi purchasing power could surge, stabilizing its economy.

• Foreign investors might flock to Iraq as an emerging powerhouse.

• Global markets could adjust, possibly with IMF oversight akin to the euro’s rollout, to manage oil trade shifts.

• Currency traders might see long-speculated gains, though phased implementation would be key.

Risks and Realities

This isn’t guaranteed. Political instability, as seen in Zimbabwe’s failed 2006 redenomination amid hyperinflation, could derail it. Execution demands precise central bank coordination and market acceptance—trade partners might resist a $42 dinar without gradual integration. Skeptics may call $42 unrealistic, but Iraq’s resource wealth, far exceeding Kuwait’s at its revaluation peak, suggests a higher ceiling is plausible under ideal conditions.

Conclusion: A Plausible “What If”?

This scenario hinges on rising gold and oil values, strategic asset backing, and a stable redenomination. While $42 may seem bold, it’s a logical outcome of Iraq’s unique position—145 billion barrels and 162.7 tons of gold dwarf Kuwait’s base. Success requires political will and global cooperation, but if achieved, the dinar could mark a significant shift in modern currency dynamics. The question is when—or if—Iraq seizes this potential.

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Something Unprecedented is Happening with Gold—A Gold Monetary Reset is Happening Now

Something Unprecedented is Happening with Gold—A Gold Monetary Reset is Happening Now

Awake-In-3D  February 28, 2025

Gold is reclaiming its role in the financial system, signaling a shift we haven’t seen in over five decades.

A Monetary Shift Unlike Any Other

For the first time since 1971, gold is no longer just a hedge against inflation—it is at the center of a financial shift that could redefine the global monetary system. The world has relied on a debt-driven economy for decades, but cracks are beginning to show. Now, a gold monetary reset is unfolding, and the implications could be historic.

What’s driving this transformation, and what does it mean for the future of money? The answers lie in a series of economic and geopolitical moves that are reshaping the role of gold in ways we haven’t seen in over 50 years.

Text links highlighted in blue are informative things I read. You should too! 

The 1971 Shock: The Last Time Gold Threatened the System

To understand why gold is now at the forefront of a potential monetary reset, we must look back to August 15, 1971, when President Richard Nixon suspended the dollar’s convertibility into gold.

• Up until then, foreign governments could redeem U.S. dollars for gold at $35 per ounce.

• But rising U.S. debt, inflation, and excessive money printing made this system unsustainable.

• When France and other nations began demanding gold for their dollars, Nixon abruptly closed the gold window, effectively defaulting on the U.S.’s gold obligations.

Since that moment, the world has relied on a purely debt-based monetary system—one that has allowed governments to print unlimited money but is now reaching its breaking point.

The question is: What happens when the system can no longer sustain itself?

The Global Gold Puzzle: Why These Reserves Matter Now More Than Ever

For decades, the U.S. has claimed to hold 8,133 metric tons of gold—more than any other nation. Yet where this gold is actually stored is often overlooked:

• Fort Knox: Allegedly holds 4,581 metric tons (~56% of total U.S. reserves). This is the site most people associate with U.S. gold holdings, but it has not undergone a full audit in over 40 years.

• New York Federal Reserve: Stores roughly 6,190 metric tons of gold—more gold than Fort Knox—but most of this belongs to foreign governments, central banks, and international organizations rather than the U.S. Treasury.

Despite the New York Fed housing more gold than Fort Knox, its role in U.S. gold policy is rarely discussed. Some reports indicate that much of this gold is leased, swapped, or rehypothecated, meaning multiple parties hold claims on the same gold.

Why does this matter now? Because if the world begins to doubt the existence or accessibility of U.S. gold, confidence in the dollar’s credibility could erode rapidly—accelerating a shift away from the fiat-based system.

The Shocking Gold Disconnect: Markets Are Ignoring the Obvious

The financial world continues to ignore gold’s increasing significance. Consider this:

• Central banks globally hold $3 trillion worth of gold, yet Microsoft alone has a market capitalization of $3 trillion.

• The gold price (currently ranging between 42,850 and 42,950 per ounce over the past week) has failed to reflect its historical role in economic stability, despite rising debt and inflation.

• The U.S. national debt now exceeds $36 trillion, making it mathematically impossible to repay without massive inflation or a currency reset.

This massive disconnect between gold and financial assets suggests that gold remains artificially suppressed—but history shows that suppression never lasts forever. When it breaks, it does so violently and suddenly.

The Acceleration Phase: Why This Gold Monetary Reset Will Be Unlike Any Other

For decades, gold has been dismissed as a relic of the past. But now, central banks are buying at record levels, signaling that something big is coming:

• 2022-2023: Central banks purchased more gold than at any time in history, even surpassing the Bretton Woods era.

• The gold-silver ratio is 91:1, meaning silver is historically undervalued and could move 2-3 times faster than gold in an upcoming rally.

• Interest rates are rising, making debt-based assets less attractive, while gold, which has no counterparty risk, is becoming more desirable.

Unlike previous gold bull markets, this one stems from structural cracks in the global financial system—not just investor speculation.

The Endgame: Is a Global Gold Monetary Reset Already Underway?

What if the real story isn’t about gold’s price, but rather its return to monetary dominance? There are growing signs that a new gold-backed system is being quietly prepared:

• BRICS nations are increasing gold reserves, with China’s gold purchases accelerating significantly.

• The IMF has hinted at a new global reserve currency based on a basket of assets and gold. The IMF currently holds over 2,800 metric tons of gold! Did you know that? I didn’t…

• U.S. Treasury bonds are losing their global appeal, leading to speculation that a gold-backed alternative may emerge.

We may be witnessing the beginning of a financial transition where gold regains its place as a global standard.

The Gold Monetary Reset Reckoning Has Arrived

For the first time since 1971, gold is being forced back into the spotlight—not by choice, but by necessity. The world’s debt-driven system is crumbling under its own weight, and history suggests that when fiat money loses trust, gold becomes the default solution.

This isn’t just another gold rally. This is the beginning of a structural shift—a move toward a gold monetary reset where gold plays a defining role.

The question is no longer if gold will reassert itself, but when—and whether you’ll be prepared when it does.

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Zimbabwe Gold ZiG Collapse: Lessons on How Not to Launch a Gold-Backed Currency

Zimbabwe Gold ZiG Collapse: Lessons on How Not to Launch a Gold-Backed Currency

Awake-In-3D   February 26, 2025

Zimbabwe’s gold-backed currency was supposed to bring stability, but mismanagement led to its rapid decline. A gold-backed currency can work, but only if implemented correctly.

The Zimbabwe Gold ZiG was introduced as a gold-backed solution to the country’s currency instability, promising to restore confidence in Zimbabwe’s monetary system. However, less than a year after its launch, the currency has lost nearly half its value, inflation is rising, and the U.S. dollar remains the preferred medium of exchange.

The problem isn’t with gold backing itself—historically, such systems have provided stability—but rather with poor economic policies that have undermined its success. This article examines the key mistakes made with the Zimbabwe Gold ZiG and the crucial lessons other nations should learn before attempting to implement a similar system.

The Zimbabwe Gold ZiG Struggles to Maintain Value

Zimbabwe introduced the Zimbabwe Gold ZiG on April 8, 2024, with an initial exchange rate of 13.56 ZiG per U.S. dollar. Since its launch, the ZiG has experienced significant depreciation. Below is a summary of its exchange rate progression:

• April 8, 2024: 1 USD = 13.56 ZiG

• September 2024: The Reserve Bank of Zimbabwe devalued the Zimbabwe Gold ZiG by approximately 42.55%, adjusting the official exchange rate to around 24.4 ZiG per U.S. dollar.

• October 12, 2024: Reports indicated that on the parallel market, the U.S. dollar was trading at nearly 28 ZiG.

• February 26, 2025: The official exchange rate stood at approximately 26.5012 ZiG per U.S. dollar.

This trajectory highlights the challenges the Zimbabwe Gold ZiG has struggled with in maintaining its value against the U.S. dollar since its inception.

However, less than a year after its launch, the Zimbabwe Gold ZiG lost nearly half its value, inflation soared, and Zimbabweans continued to prefer the U.S. dollar over their own national currency. The problem is not with gold backing itself—historically, gold-backed systems provided monetary stability—but rather with poor government policies and mismanagement that undermined the ZiG’s success.

This article examines what went wrong with the Zimbabwe Gold ZiG and the key lessons other nations should learn before attempting to implement a similar system.

A Gold-Backed Currency Is Only as Strong as Its Convertibility

One of the core principles of a successful gold-backed currency is that it must allow free and transparent conversion into gold. Zimbabwe’s Reserve Bank claimed the Zimbabwe Gold ZiG was backed by gold reserves, yet ordinary citizens and businesses could not directly exchange their ZiG for gold at will.

• Lesson Learned: A gold-backed currency must have clear and enforceable redemption policies that allow holders to convert their money into physical gold or other tangible assets on demand. Otherwise, the “gold backing” is just a theoretical concept that fails to build trust.

Partial Backing Defeats the Purpose

A truly stable gold-backed system requires that the total money supply has full gold reserve backing or a basket of tangible assets. However, in Zimbabwe’s case, the actual gold reserves were insufficient to fully support the volume of Zimbabwe Gold ZiG in circulation.

This led to a situation where the central bank continued printing ZiG beyond what gold reserves could support, weakening its purchasing power and causing black market exchange rates to diverge significantly from the official rate.

• Lesson Learned: A government cannot simply declare a currency “gold-backed” while still engaging in inflationary monetary policies. Strict money supply discipline is required, ensuring that every unit of currency in circulation is genuinely supported by hard assets.

Government Intervention and Exchange Rate Controls Undermine Trust

Rather than allowing the market to determine the value of the Zimbabwe Gold ZiG, Zimbabwe’s government fixed an official exchange rate that quickly disconnected from reality. As a result, a black market developed where ZiG traded at a much lower value than the government’s official rate.

This eroded trust in the currency even further, as businesses and individuals realized that their ZiG holdings were worth far less in practice than on paper.

• Lesson Learned: A gold-backed currency must operate within a free-market system where exchange rates reflect real supply and demand. Government-imposed exchange rates distort the market and drive people toward alternative currencies, such as the U.S. dollar or cryptocurrencies.

Economic Stability Must Come First

A gold-backed currency cannot function properly in an environment of economic mismanagement, inflation, and policy uncertainty. Despite the introduction of the Zimbabwe Gold ZiG, Zimbabwe’s annual inflation rate soared to 14.6% in January 2025, up from 2.5% just a month earlier.

Additionally, high borrowing costs, a weak business environment, and a lack of fiscal discipline continued to undermine confidence in the national economy. A gold-backed currency alone cannot fix a broken financial system.

• Lesson Learned: Before implementing a gold-backed currency, a government must establish macroeconomic stability, control inflation, and ensure that businesses and consumers have confidence in the overall financial system. Otherwise, the currency is prone to failure regardless of its backing.

People Must Actually Use the Currency

Perhaps the most fundamental failure of the Zimbabwe Gold ZiG was its lack of adoption. Zimbabweans overwhelmingly preferred using the U.S. dollar—not because they opposed gold backing, but because they didn’t trust the government to manage the currency responsibly.

Many businesses and consumers avoided the Zimbabwe Gold ZiG altogether, choosing instead to trade in U.S. dollars on the informal market. This led to the rise of illigal night markets, where prices were lower and transactions were conducted outside government oversight.

• Lesson Learned: A gold-backed currency must be the preferred medium of exchange in daily transactions. This requires trust in the government’s monetary policies, a stable and predictable exchange rate, and a regulatory environment that encourages currency adoption rather than pushing people toward alternatives.

The Bottom Line: A Blueprint for a Proper Gold-Backed System

The failure of the Zimbabwe Gold ZiG is not an indictment of gold-backed currencies themselves—rather, it is a lesson in how not to implement one. A properly managed gold-backed currency provides stability, controls inflation, and builds confidence—but only if the following conditions are met:

1. Full Convertibility – Citizens and businesses must be able to freely exchange their currency for gold or other hard assets.

2. Strict Monetary Discipline – The money supply must be strictly controlled to prevent excessive printing beyond gold reserves.

3. Market-Driven Exchange Rates – The currency must be allowed to float freely, without government-imposed rates that create black markets.

4. Macroeconomic Stability – Inflation must be controlled, and economic policies must support confidence in the financial system.

5. Widespread Adoption – People must trust and prefer using the currency over foreign alternatives.

For any country considering a return to a gold-backed system, Zimbabwe’s experience with the Zimbabwe Gold ZiG provides a critical warning: gold backing alone is not enough. Without competent economic management, fiscal responsibility, and public trust, even a gold-backed currency can fail.

A gold standard requires transparency, discipline, and a commitment to free-market principles—things Zimbabwe’s government failed to provide. Other nations considering gold-backed currencies would do well to learn from these mistakes.

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A $42 Iraqi Dinar Revaluation: The Biggest Currency Shift in History Driven by Gold and Oil

A $42 Iraqi Dinar Revaluation: The Biggest Currency Shift in History Driven by Gold and Oil

Awake-In-3D  February 25, 2025

Iraq’s currency stands at the edge of a historic transformation. Could gold and oil propel the Iraqi dinar to $42?

Iraq is positioned to transform its economy and propel an Iraqi Dinar Revaluation into one of the most significant financial events of the century. Let’s explore how this historic shift could unfold.

Consider a scenario where Iraq successfully revalues its currency, with the new Iraqi dinar (IQD) surging to an exchange rate of 1 IQD = $42 USD. For years, currency watchers have speculated about Iraq’s potential to restore the strength of its dinar.

Now, through a strategic combination of gold-backed stability, rising oil prices, and a planned redenomination, this scenario is on the verge of becoming reality.

The Foundation of an Iraqi Dinar Revaluation: Iraq’s Powerful Resources

Iraq holds a significant position among oil-producing nations, sitting atop 145 billion barrels of proven oil reserves, making it the fifth-largest oil holder in the world. Oil prices are set to rise to $100 per barrel by early 2026, and Iraq is increasing production to 5 million barrels per day (bpd), strengthening its ability to leverage its vast energy wealth.

Meanwhile, Iraq has been steadily building its gold reserves, reaching 162.7 metric tons as of February 2025. With gold prices on track to reach $3,000 per ounce by the end of 2025, Iraq’s gold holdings would be valued at approximately $15.7 billion USD.

These two critical assets—oil and gold—drive a currency transformation that is reshaping Iraq’s economic future.

Strategic Shift: Iraq’s Plan to Back the Dinar with Tangible Assets

To stabilize and strengthen its currency, Iraq is considering a dual-asset backing strategy, leveraging both gold reserves and oil wealth to support the Iraqi Dinar Revaluation. Here’s how this system would work:

• Gold-Backed Reserves: Iraq’s 162.7 metric tons of gold would provide $15.7 billion USD in monetary support for the dinar.

• Oil-Backed Financial System: Iraq pledges 5% of its 145 billion barrels in oil reserves to currency backing, equating to $725 billion USD in value.

By combining these two forces, Iraq secures $740.7 billion USD in backing assets, dramatically strengthening confidence in the dinar.

Policy Initiative: Redenomination of the Iraqi Dinar

One of the most effective strategies for Iraqi Dinar Revaluation would be a redenomination, removing three zeros from the old dinar. This approach would include:

• 1,000 old IQD converted into 1 new IQD.

• Money supply (M2) shifting from the current 173,686 trillion old IQD to 173.686 billion new IQD—without altering the overall economy’s value.

• Simplified transactions and elimination of psychological barriers associated with high-denomination currency.

The Exchange Rate Transformation

As a result of this redenomination, Iraq could back 10% of its new currency supply—17.3686 billion new IQD—with its $740.7 billion USD in reserves.

The Calculations: A Historic Shift

740.7 billion USD

17.7 billion new IQD = 43.13 USD per new IQD

This means:

• 1 new IQD = 42.64 USD

• 1 USD = 0.023 new IQD

This shift catapults the Iraqi Dinar Revaluation into one of the most significant currency transformations in history, potentially surpassing the Kuwaiti dinar and Swiss franc in value.

Key Steps for Iraq’s Implementation Plan

For this massive revaluation to succeed, Iraq must take several key steps:

1. Strengthen Foreign Currency Reserves

Iraq must continue accumulating foreign reserves, particularly US dollars, euros, and Chinese yuan, to ensure global liquidity and protect against exchange rate fluctuations.

2. Expand Oil Production Beyond 5 Million Bpd

Increasing oil exports further—toward 6 million bpd or higher—would generate even greater revenue streams, allowing Iraq to sustain its financial commitments and economic growth.

3. Introduce Oil-Backed Bonds and a Digital Dinar

Issuing oil-backed bonds could attract foreign investors, while a central bank digital currency (CBDC) could streamline financial transactions and reduce reliance on physical cash.

4. Reduce Dependency on the US Dollar

By strengthening trade agreements with China, Russia, and other BRICS nations, Iraq could gradually shift away from dollar dependency and build a more independent financial system.

What This Means for Iraq and the Global Economy

The Iraqi Dinar Revaluation is not just an internal financial shift—it has the potential to cause global ripple effects:

• Iraqi citizens would experience a dramatic rise in purchasing power, enhancing domestic wealth and economic stability.

• Foreign investors would be drawn to Iraq, recognizing its potential as a rising economic powerhouse.

• The global monetary system could shift, with Iraq emerging as a major player in oil-backed financial markets.

• Speculators and currency traders who have followed the dinar for years could finally witness the long-anticipated revaluation, triggering major shifts in currency markets.

The Bottom Line: Could an Iraqi Dinar Revaluation Really Happen?

This transformation demands precise economic planning, bold financial policies, and political stability to succeed. However, with rising gold and oil prices, strategic asset-backed monetary policies, and a redenomination to streamline the dinar, Iraq is well-positioned for one of the greatest currency shifts in modern history.

The question is not whether the Iraqi Dinar Revaluation will happen—but when.

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Audit Fort Knox Now: The Gold Currency Reset That Could Change Everything

Audit Fort Knox Now: The Gold Currency Reset That Could Change Everything

Awake-In-3D  February 22, 2025

Could missing gold at Fort Knox trigger a global currency overhaul? The future of the dollar hangs in the balance.

Could the contents of Fort Knox hold the key to the next global financial upheaval? Speculation is mounting that a long-overdue audit of America’s gold reserves could reveal unsettling truths—truths that might trigger a Gold Currency Reset and redefine the global economic landscape.

As questions swirl about whether the U.S. gold supply is truly intact, the stakes have never been higher. The outcome could either restore faith in the dollar or ignite a seismic shift that challenges the foundations of the international financial system.

The Gold Standard’s Legacy and the Foundation of Trust

The significance of U.S. gold reserves cannot be overstated. Until 1971, the U.S. dollar was directly tied to gold through the Bretton Woods system, with every dollar effectively backed by the nation’s physical gold holdings. This foundation made the dollar the linchpin of the global financial system, offering unparalleled stability and global trust.

However, the severing of the gold standard in 1971 fundamentally changed the landscape. Since then, the dollar has operated as a fiat currency, backed by the perceived strength of the U.S. economy rather than tangible assets. Despite this shift, gold reserves have remained a powerful symbol of national financial integrity and global confidence.

Today, the U.S. claims to hold approximately 8,133 tons of gold, with more than half allegedly secured at Fort Knox. Yet, doubts persist. Persistent rumors suggest that portions of these reserves were possibly sold off, leased, or otherwise diminished without public disclosure. If these suspicions prove true, the financial ramifications would trigger catastrophic consequences—potentially leading to the largest loss of confidence in U.S. financial history.

Opening the Vaults: A Defining Moment for Global Trust

The U.S. Treasury Secretary, Scott Bessent, has repeatedly assured the public that all gold reserves are intact, citing routine audits that allegedly verify the presence of America’s gold stockpile. A report from September 30, 2024, confirmed that these reserves remain accounted for, and senators are reportedly allowed to request inspections.

Yet, skepticism lingers. Why is there such a push for a public audit now? Why involve a figure as politically charged as former President Trump? These developments hint at deeper concerns within the political and financial establishment about global confidence in the dollar—and whether those fears might be justified.

If a comprehensive audit reveals missing or diminished reserves, the shockwaves would be felt worldwide. An empty or compromised Fort Knox would likely accelerate calls for a Gold Currency Reset, forcing nations to reevaluate their reliance on the U.S. dollar as the world’s primary reserve currency.

Gold’s Role in a Potential Global Currency Reset

A Gold Currency Reset is not just an economic theory—it’s a financial shift that many believe has been slowly building for years. Central banks across the world, particularly in China and Russia, have been amassing gold reserves in preparation for a possible transition away from a dollar-dominated system.

If the United States were found lacking in its own gold holdings, the repercussions would trigger a global financial realignment. Nations may seek to establish a new reserve currency backed by gold or a basket of stable assets. Such a move would dramatically reduce the U.S.’s influence on international financial markets and weaken its geopolitical leverage.

A discovery that Fort Knox’s vaults are empty—or even partially depleted—would be the spark that ignites this shift. Countries already wary of U.S. monetary policy, particularly the ongoing cycle of money printing and inflation, would likely take drastic measures to protect their economies from a potential dollar collapse.

The Revaluation of Currencies: Unlocking Hidden Wealth or Revealing Hidden Risk?

Beyond the potential for a currency reset, an audit would also force the United States to reevaluate the official value of its gold reserves. Currently, U.S. gold is still valued at a mere $42.22 per ounce on the Treasury’s balance sheet—a relic of an outdated system. Meanwhile, the market price of gold has surged toward $3,000 per ounce.

If the government were to revalue its gold reserves to reflect market realities, the implications would have enormous consequences. A revaluation would instantly increase the paper value of America’s gold holdings, potentially unlocking hundreds of billions of dollars to offset national debt or fund economic recovery efforts.

However, this strategy comes with risks. Revaluing gold would send a shock through global markets, causing other countries to follow suit. Such moves would dramatically alter currency exchange rates and destabilize financial markets in the short term. Worse still, if the audit revealed that U.S. gold reserves were lacking, any attempt at revaluation would likely backfire—accelerating a loss of faith in the dollar and pushing the global economy closer to a full-scale Gold Currency Reset.

What If the Vaults Are Empty? A Scenario with Global Consequences

The most unsettling scenario remains the possibility that the Fort Knox vaults are not as full as officials claim. If an audit reveals discrepancies, it would trigger the most significant monetary shift in U.S. history—surpassing even the collapse of Enron or the financial crisis of 2008.

Such a revelation would devastate global trust in the dollar, leading foreign governments and investors to dump U.S. Treasury bonds en masse. With foreign entities holding over $9 trillion in U.S. debt, a sudden selloff would crash bond markets, spike interest rates, and send the U.S. economy into a severe recession.

On the global stage, rivals like China and Russia would likely seize the opportunity to promote their own currencies—potentially backed by gold or other assets—as alternatives to the dollar. This shift would mark the beginning of a multipolar financial world, where the U.S. no longer holds the dominant economic position it has enjoyed since World War II.

The Road Ahead: Transparency as the Last Defense

As the world watches with bated breath, the pressure is mounting for full transparency. A comprehensive, independent audit of U.S. gold reserves would either reaffirm global confidence or expose vulnerabilities that would trigger unprecedented financial upheaval.

If the U.S. gold reserves are indeed intact, such verification would help stabilize markets, reinforce trust in the dollar, and delay or prevent the onset of a Gold Currency Reset. However, if the audit uncovers discrepancies, the financial system as we know it would be on the brink of a historic transformation.

In the end, gold remains more than a commodity—it is the ultimate symbol of trust in the global financial system. And as the world waits for the vaults of Fort Knox to open, one thing is clear: the results would determine not just the future of the U.S. dollar, but the fate of the entire global economy.

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Gold Revaluation: Catalyst for a Global Currency Reset and Trump’s Mar-a-Lago Accord as the New Bretton Woods

Gold Revaluation: Catalyst for a Global Currency Reset and Trump’s Mar-a-Lago Accord as the New Bretton Woods

Awake-In-3D   February 18, 2025

Is the global financial system on the brink of a historic transformation?

As the world faces mounting economic instability, discussions are intensifying around a potential gold revaluation and its role in a comprehensive Global Currency Reset (GCR).

Some analysts suggest this shift could be orchestrated through a “Mar-a-Lago Accord,” drawing comparisons to the 1944 Bretton Woods Agreement and positioning President Donald Trump as a central figure in a new monetary framework.

With financial precedents set by past gold revaluations in 1934 and 1973, and the U.S. grappling with a ballooning national debt, the possibility of an official gold price adjustment is gaining traction. Meanwhile, central banks—particularly in China, Russia, and Europe—are stockpiling gold at unprecedented rates, signaling a shift away from the dollar-based financial system.

Could a U.S.-led gold revaluation be the catalyst for a global financial reset? And if so, what would this mean for markets, debt, and the future of money itself?

The Case for Gold Revaluation

Historically, the U.S. government has strategically revalued gold to manage financial crises.

The Gold Reserve Act of 1934 raised gold’s price from $20.67 to $35 per ounce, devaluing the dollar and providing the government with a massive financial windfall. In 1973, another revaluation increased the official gold price to $42.22 per ounce—a valuation that remains unchanged today, despite market prices exceeding $2,900 per ounce.

Currently, the U.S. Treasury still values its 8,133 tons of gold at $42.22 per ounce, reflecting only $11 billion on paper. At market value, these reserves would be worth over $750 billion, offering a unique opportunity: by marking gold to its actual market price, the U.S. could instantly strengthen its balance sheet without selling a single ounce.

Strategic Implications of Gold Revaluation

A gold revaluation could serve several key purposes:

• Debt Reduction: With national debt exceeding $34 trillion, recalibrating the official gold price would provide a financial windfall, potentially offsetting deficits or backing long-term U.S. bonds (e.g., 50- to 100-year bonds).

• Global Financial Realignment: A U.S.-led gold revaluation could challenge China’s and Russia’s efforts to move away from dollar-based trade by reasserting the dollar’s credibility in global markets.

• Market Stability: Amid growing concerns over fiat currency devaluation, a gold revaluation could restore confidence in monetary policy while reinforcing the dollar’s global reserve status.

However, such a move would not occur in isolation. The ripple effects across the global economy could accelerate the long-rumored Global Currency Reset (GCR).

The Mar-a-Lago Accord Gold Revaluation: A Modern Bretton Woods?

If gold revaluation is imminent, it is likely to be part of a broader international monetary realignment—potentially organized under what some are calling the “Mar-a-Lago Accord.”

This concept draws inspiration from the Bretton Woods Agreement of 1944, which established the post-war monetary system. Analysts speculate that a similar global summit—possibly led by Trump—could lay the groundwork for a new gold-backed financial order.

A Mar-a-Lago Accord could facilitate:

• A New Reserve Standard: Countries could peg their currencies to a newly adjusted gold price, reducing reliance on fiat currency.

• A Partially Gold-Backed Dollar: Instead of a full gold standard, the U.S. Treasury could back a portion of the money supply with gold, reinforcing trust in the dollar.

• A Coordinated GCR Event: This could include the strategic revaluation of multiple global currencies—such as the Chinese yuan, Russian ruble, and European euro—potentially redistributing monetary influence across world markets.

Given that central banks are aggressively acquiring gold, many believe this restructuring is already taking shape behind the scenes.

The Bottom Line: Is a Gold-Backed Reset Inevitable?

While the U.S. government has not officially announced a gold revaluation, growing economic pressures and geopolitical realignments suggest a major monetary shift is underway. Whether through a U.S.-led initiative or a broader global reset, gold is once again emerging as a cornerstone of the financial system.

The idea of a Mar-a-Lago Accord, in which global leaders convene to coordinate a new monetary order, is no longer far-fetched. With China and Russia challenging the dollar’s dominance and central banks accumulating gold, the foundation for a Global Currency Reset is solidifying.

If history is any indication, the next financial crisis may not be met with more fiat money printing—but with a return to gold’s central role in the monetary system. Those who recognize this shift now will secure their place on the right side of history.

Sources & References

1. Bloomberg Macro Strategist Simon White, February 13, 2025

2. Financial Times Editorial, February 10, 2025

3. Peter Boockvar’s gold revaluation analysis, Financial Times, February 10, 2025

4. Luke Gromen, “Forest for the Trees” analysis, Financial Times, February 10, 2025

5. U.S. Treasury gold reserves valuation, historical records (U.S. Treasury Department)

6. James Rickards on historical gold revaluations, Bloomberg, February 13, 2025

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This Is How Iraq Will Achieve a $3.00 IQD Revaluation

This Is How Iraq Will Achieve a $3.00 IQD Revaluation

Awake-In-3D  December 6, 2024

Iraq’s blueprint for a $3.00 IQD revaluation combines re-denomination, gold reserves, and sweeping reforms.

Iraq is setting the stage for a transformative economic shift with a $3.00 IQD revaluation—a move rooted in strategic planning and decisive action. By combining a re-denomination of its currency, leveraging vast gold reserves, and implementing sweeping reforms, Iraq is crafting a blueprint that could reshape its economic future. This article walks you through the steps Iraq is taking, so you can clearly see how this bold strategy is turning a monumental vision into an achievable reality.

The Current Iraqi Dinar Landscape

Iraq’s M0 money supply, which measures the total amount of physical currency in circulation, stands at 150,828 billion IQD as of September 2024. To express this figure in trillions, it becomes 150.828 trillion IQD, as one trillion equals 1,000 billion.

Image Source: https://tradingeconomics.com/iraq/money-supply-m0

Additionally, Iraq holds 152.6 metric tons of gold, which equates to approximately 4.9 million troy ounces or 152.6 million grams. At a price of $2,630 per troy ounce, these reserves are valued at around $12.9 billion USD, providing a strong foundation for monetary reform toward a $3.00 IQD.

How a $3.00 IQD Exchange Rate Works

Iraq’s plan to achieve a $3.00 IQD exchange rate relies on two major steps: re-denomination of the currency and backing the new currency with gold reserves. Here’s how these steps would work:

Step 1: Re-denomination

A currency re-denomination means adjusting the value of a currency by removing extra zeros from its face value. For Iraq, this involves removing three zeros from the current IQD notes.

For example:

• Today, 1,000 IQD is equal to about $0.76 USD (since 1 IQD is worth roughly $0.00076).

• After re-denomination, 1,000 IQD would become 1 new IQD, and that 1 new IQD is targeted to be worth $3.00 USD.

This step simplifies the currency, making it easier for people to use and understand. Instead of needing large numbers (like 1,000 IQD) for small transactions, the new IQD would have a higher value with fewer digits.

Step 2: Backing the New $3.00 IQD with Gold

To support the new value of $3.00 per IQD, Iraq plans to back its currency with its gold reserves. This means each unit of the new IQD would represent a portion of Iraq’s gold. Backing currency with gold provides stability because gold is a tangible, universally valued asset.

Here’s the math behind this:

1. Iraq’s total money supply after re-denomination would be 150.828 billion new IQD.

2. To set a value of $3.00 per IQD, the total currency value must equal $452.5 billion USD (calculated as 150.828 billion IQD × $3.00).

3. Gold is currently valued at $84.58 per gram, so Iraq needs to allocate about 0.0355 grams of gold for every 1 new IQD.

In total, Iraq would need 5.36 metric tons of gold to fully back its new currency at the $3.00 rate. Since Iraq’s reserves are much larger at 152.6 metric tons, the country has more than enough gold to implement this plan.

Why Gold-Backing Matters

By tying the value of the new IQD to gold, Iraq ensures its currency remains stable and valuable. Unlike paper money (fiat currency), which governments can print at will and risk inflation, a gold-backed currency cannot exceed the value of the gold reserves supporting it. This approach boosts confidence in the currency for both Iraqis and international investors.

How a $3.00 IQD Impacts Exports

While a $3.00 IQD delivers many benefits, including increased purchasing power for Iraqi citizens and enhanced international confidence in the currency, it also affects the competitiveness of Iraqi exports.

When a country’s currency strengthens, its goods and services become more expensive for people in other countries. For example, if Iraq exports agricultural products, industrial goods, or locally manufactured items, buyers in other nations need to spend more of their own currency to purchase those items. This higher cost creates challenges in competing with cheaper alternatives from other nations.

For Iraq’s non-oil sectors—such as agriculture, construction materials, and manufacturing—a $3.00 IQD challenges their ability to compete with lower-priced goods from other nations. This slows the development of these industries, which Iraq is keen to grow as part of its economic diversification efforts.

However, Iraq’s primary export—oil—remains unaffected. Oil is priced in USD globally, so its cost doesn’t change regardless of IQD fluctuations. This ensures Iraq’s oil revenue, which makes up the bulk of its economy, remains stable, providing a financial buffer as the country adjusts to a stronger IQD.

A Gold-Backed Currency and Economic Stability

One of the major advantages of a gold-backed currency is its built-in resistance to inflation. Unlike fiat currencies, which can be printed without limit and risk losing value over time, a gold-backed $3.00 IQD derives its value from a tangible asset—gold. This connection to a physical resource ensures monetary stability, as the supply of currency is tied directly to the amount of gold in reserves.

Historically, nations operating on a gold standard experience long periods of price stability, making such a system appealing for Iraq as it restores confidence in its currency.

Economic and Governance Considerations

To sustain the trust of its citizens and international markets, Iraq must address domestic challenges, such as corruption, inefficiency, and political instability. Transparent communication about the redenomination process and its goals is critical in fostering public support and maintaining economic stability.

Iraq has made strides in key areas to support these objectives:

1. Anti-Corruption Measures
   The Iraqi government has intensified efforts to combat corruption, which has long plagued its institutions. The Integrity Commission has launched investigations into high-profile cases, targeting embezzlement and mismanagement of public funds. Recent legislation aims to enhance accountability by streamlining processes for auditing government projects and increasing penalties for financial chaos. These measures are vital for establishing public trust and ensuring that resources are directed toward economic reform.

2. Banking Sector Modernization
   Iraq is actively modernizing its banking system to facilitate a stable transition to a stronger IQD. Initiatives include introducing advanced digital banking platforms, improving transparency in financial transactions, and collaborating with international financial institutions for technical assistance. The Central Bank of Iraq (CBI) has also implemented stricter regulations to prevent money laundering and enhance the banking sector’s credibility on the global stage.

3. Political Stability Efforts
   Acknowledging the importance of political stability, Iraq’s leaders have focused on fostering unity among its diverse population. Efforts include resolving disputes over revenue sharing between the federal government and the Kurdistan Regional Government (KRG) and strengthening security measures in conflict-prone areas. These steps aim to create a more stable environment conducive to long-term economic growth.

4. Diversification of the Economy
   To reduce reliance on oil revenues, Iraq is implementing policies to promote non-oil sectors such as agriculture, manufacturing, and tourism. Programs to provide incentives for small and medium-sized enterprises (SMEs) and attract foreign investors are helping to broaden the economic base. These initiatives are aligned with Iraq’s vision for sustainable development and economic resilience in the face of global market fluctuations.

5. Public Awareness Campaigns
   The government has launched public awareness campaigns to educate citizens about the redenomination process and the benefits of a gold-backed $3.00 IQD. These efforts include town hall meetings, media outreach, and collaboration with community leaders to address concerns and misconceptions. By keeping the public informed, Iraq aims to build confidence and minimize resistance to these sweeping monetary changes.

Through these combined efforts, Iraq is positioning itself to implement a strong and sustainable $3.00 IQD exchange rate. Overcoming these challenges is essential to securing the trust of both its citizens and the international community, paving the way for long-term economic stability and growth.

Benefits of a $3.00 IQD

• Global Confidence: A gold-backed $3.00 IQD strengthens Iraq’s position in international financial markets and attracts foreign investment.

• Increased Purchasing Power: Iraqi citizens benefit from greater purchasing power, making imports more affordable and improving standards of living.

• Economic Stability: By tying the IQD to gold, Iraq creates a stable currency, reducing the risk of inflation and promoting long-term trust.

The Bottom Line: A Feasible and Transformative Reform

With gold prices at $2,630 per troy ounce, Iraq’s reserves of 152.6 metric tons are more than sufficient to back a redenominated IQD at $3.00 IQD, requiring only 5.36 metric tons of gold. While this reform is technically feasible and promises significant benefits, Iraq must carefully manage its non-oil export sectors to mitigate the potential downsides of a stronger currency.

If implemented successfully, a $3.00 IQD marks a turning point for Iraq, restoring its currency’s historical strength and securing its place as an economic leader in the region.

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Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Missouri Currency Reform: A New Move Toward Gold and Silver Economy

Awake-In-3D  December 5, 2024

Missouri takes a groundbreaking step toward financial sovereignty with its push for gold and silver as legal tender, challenging centralized control and advancing the currency revaluation debate.

In the latest move reshaping the future of state monetary policy, Missouri currency reform has emerged as a powerful response to the challenges of centralized financial control. By rejecting Central Bank Digital Currencies (CBDCs) and advocating for gold and silver as legal tender, Missouri is positioning itself at the forefront of the currency revaluation debate.

This legislative push not only strengthens financial sovereignty but also aligns with broader global trends favoring tangible assets over fiat systems.

Legislative Push: The Basics of the Missouri Currency Reform

Republican Senator Rick Brattin’s pre-filing of SB 194 on December 1 signifies the latest in a series of legislative efforts to define the state’s monetary future. The bill explicitly prohibits public entities from accepting or testing CBDCs, a move designed to curtail the influence of centralized digital currencies that many argue lead to increased government surveillance and control.

Moreover, the bill redefines the state’s Uniform Commercial Code (UCC) to exclude CBDCs from its definition of money.

Perhaps most notably, SB 194 advocates for alternative monetary systems by mandating that the state treasurer allocate at least 1% of state funds to gold and silver holdings. This provision underscores a commitment around a Missouri currency reform to precious metals as a hedge against currency devaluation and economic instability. The bill also exempts gold and silver transactions from state capital gains taxes and recognizes these metals as legal tender, providing citizens with a tangible alternative to fiat currencies.

The Broader Context: State-Level Resistance to CBDCs

Missouri’s legislative moves come at a time when resistance to CBDCs is gaining traction across the United States. States like Louisiana and North Carolina have already passed laws to prohibit CBDC adoption, and similar efforts are underway at the federal level, including the CBDC Anti-Surveillance State Act passed by the U.S. House of Representatives in May.

For Missouri, however, the legislative battle has been particularly robust. Earlier this year, multiple bills addressing CBDCs and precious metals were introduced, though not all succeeded. SB 1352 sought to overhaul the state’s UCC to block CBDCs and passed a House vote before stalling in the Senate. Other bills, like SB 736 and its companion House legislation, attempted to tie CBDC prohibition to the promotion of gold and silver but failed to pass. Despite these setbacks, SB 194 marks a significant initiative to realign the state’s monetary policy with principles of sovereignty and decentralization.

Precious Metals vs. CBDCs: Competing Visions of Monetary Policy

Missouri’s legislative efforts center on a fundamental conflict between two competing visions of the future of money. On one hand, CBDCs represent a digital extension of fiat currencies, offering increased efficiency and integration with modern payment systems. However, critics argue that CBDCs concentrate monetary power in the hands of central banks and governments, enabling unprecedented levels of financial surveillance and control.

On the other hand, gold and silver symbolize a return to monetary systems grounded in tangible value and historical precedent. By recognizing these metals as legal tender, this Missouri currency reform aims to provide its citizens with a form of money that is immune to inflationary pressures and independent of centralized control. This approach resonates with the principles underlying the GCR and RV, which emphasize the restoration of equitable value in global currencies and a move away from excessive reliance on fiat systems.

Implications for the Global Currency Reset

Missouri’s legislative actions reflect broader trends associated with the GCR. The inclusion of gold and silver in state monetary policy aligns with efforts to stabilize currencies through tangible assets, a key tenet of the reset. Additionally, the rejection of CBDCs reflects growing skepticism about the role of centralized institutions in shaping the future of money.

While the GCR is often discussed in terms of international agreements and global economic shifts, state-level actions like those in Missouri highlight the importance of grassroots movements in driving monetary reform. By taking a stand against CBDCs and embracing precious metals, Missouri is not only asserting its own financial sovereignty but also contributing to a larger conversation about the balance between centralized and decentralized monetary systems.

Potential Barriers and Strategic Opportunities for a Missouri Currency Reform

Despite its ambitious goals, Missouri’s legislative agenda faces significant challenges. The failure of earlier bills to pass demonstrates the difficulty of achieving consensus on complex monetary issues. Furthermore, the implementation of gold and silver as legal tender raises practical questions about verification processes, transaction logistics, and public acceptance.

However, these challenges also present opportunities for innovation and leadership. If successful, Missouri’s policies inspire similar initiatives at the national level, influencing the direction of the GCR and RV.

The Bottom Line

Missouri’s efforts to ban CBDCs and promote gold and silver as legal tender reflect a growing desire for financial autonomy and a rejection of centralized monetary control. In the context of the GCR and RV, these actions represent a significant step toward a more equitable and decentralized global economy.

As the debate over the future of money continues, Missouri’s legislative push serves as both a challenge to the status quo and a driving force behind financial reform. Whether or not SB 194 ultimately passes, it shapes state sovereignty, monetary policy, and the broader global currency landscape.

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BRICS Bridge: Unlocking a New Era of Currency Sovereignty and Revaluation

BRICS Bridge: Unlocking a New Era of Currency Sovereignty and Revaluation

Awake-In-3D   December 4, 2024

How BRICS Bridge is challenging traditional financial systems to redefine currency values across emerging markets.

The financial world is undergoing a transformation, and BRICS Bridge is at the forefront of this change. By leveraging advanced blockchain technology, BRICS nations are challenging traditional financial systems and reshaping how currencies are valued. This advanced initiative aims to foster monetary sovereignty, reduce dependence on the US dollar, and unlock new opportunities for emerging markets.

With its promise to streamline cross-border transactions and promote fairer currency valuations, BRICS Bridge could herald a new era of economic equity and innovation.

The Vision Behind BRICS Bridge

BRICS Bridge is more than a payment platform; it represents a strategic response to the financial imbalances perpetuated by reliance on US-controlled systems such as SWIFT and the hegemony of the US dollar in international trade. By fostering financial independence, BRICS Bridge aims to empower emerging economies with enhanced monetary sovereignty and reduced exposure to external geopolitical pressures.

One key aspect of this initiative is the potential to bring currencies from emerging markets into sharper focus. Through its integration of digital currencies and blockchain technology, BRICS Bridge provides a framework for transparent, efficient, and secure transactions, which is poised to influence the revaluation of participating nations’ currencies in the broader financial ecosystem.

How BRICS Bridge Could Trigger Currency Revaluation

1. Decoupling from the US Dollar

A central ambition of BRICS Bridge is to diminish dependency on the US dollar, which has long been the dominant reserve currency. For decades, the strength of the dollar has placed emerging market currencies at a disadvantage, often undervalued due to trade imbalances and external debt obligations denominated in dollars.

With BRICS Bridge enabling transactions in local currencies or digital equivalents, member nations can bypass dollar-based exchange rate constraints. This shift will lead to a recalibration of exchange rates, increasing the valuation of emerging currencies and reflecting their true economic potential.

2. Strengthening Intra-regional Trade with BRICS Bridge

By facilitating faster, cheaper, and more secure cross-border payments, BRICS Bridge has the potential to boost trade among its member states and partners. Greater trade volumes will drive demand for local currencies, naturally improving their valuation.

For instance, if Russia trades directly with India using the ruble and rupee through BRICS Bridge, it eliminates the intermediary role of the dollar. As these transactions scale, the ruble and rupee will result in more robust valuations, influencing regional currency markets.

3. Enhancing Financial Stability with BRICS Bridge

The ability to transact without reliance on Western-dominated systems like SWIFT mitigates the risk of external sanctions and financial isolation. This newfound financial stability is a crucial factor in the revaluation of currencies, as it increases investor confidence and reduces the risk premiums often associated with emerging markets.

For countries like South Africa and Brazil, participation in BRICS Bridge will safeguard their economic interests from the impact of geopolitical tensions, thereby bolstering their currencies’ standing.

The Role of Technology in BRICS Bridge

At the heart of BRICS Bridge lies blockchain technology, which underpins the system’s efficiency, security, and transparency. Blockchain’s decentralized nature ensures that transactions are immutable and verifiable, making it an ideal foundation for a trusted cross-border payment platform.

Additionally, the use of digital currencies and tokens further amplifies the platform’s potential. Unlike traditional fiat systems, these digital assets can streamline compliance processes by embedding regulatory checks within the blockchain itself, reducing delays and administrative costs. This efficiency not only strengthens trade relationships but also enhances the perceived stability of participating currencies, positively influencing their valuation.

Challenges and Uncertainties in BRICS Bridge

Despite its transformative potential, BRICS Bridge faces significant challenges. The United States has expressed concerns that such a system will undermine its economic influence and warned that cooperation with Russia’s financial sector will result in losing access to the dollar. These warnings underscore the geopolitical risks associated with implementing a multipolar financial framework.

Additionally, technical and regulatory hurdles are expected to complicate adoption. Differences in technological infrastructure, legal frameworks, and compliance standards among BRICS nations may complicate the system’s rollout. Addressing these challenges will be essential for the initiative to achieve its full potential and exert meaningful influence on currency revaluation.

A Comparison to the BIS mBridge Platform

BRICS Bridge shares conceptual similarities with mBridge, a multi-CBDC (central bank digital currency) platform previously overseen by the Bank for International Settlements (BIS). While mBridge aimed to explore cross-border digital currency transactions, the BIS stepped back after the project matured, citing its readiness for independent development.

BRICS Bridge, however, is distinguished by its explicit focus on reducing Western financial influence and fostering alliances among emerging markets. This unique positioning aligns the platform more closely with efforts to achieve a Global Currency Reset (GCR), where emerging markets play a central role in reshaping the financial order.

Opportunities for Broader Participation in BRICS Bridge

The success of BRICS Bridge will depend on its ability to integrate additional partners from outside the core BRICS membership. Nations like Oman, Saudi Arabia, and the UAE have shown interest in exploring digital payment systems and blockchain-based trade platforms.

• Oman could serve as a critical conduit between BRICS and Middle Eastern markets.

• Saudi Arabia has already participated in digital currency initiatives like Project mBridge, signaling its openness to similar collaborations.

• The UAE has invested in Distributed Ledger Technology (DLT) and CBDCs to enhance trade flexibility.

• Bahrain could act as a bridge for smoother Gulf integration, bringing additional trade and financial flows into the system.

Expanding participation will not only strengthen the platform but also amplify its impact on currency valuation trends across emerging markets.

The Bottom Line

BRICS Bridge represents a bold step toward a more balanced and inclusive financial future. By leveraging blockchain technology to enable direct, dollar-independent transactions, the platform has the potential to recalibrate the valuation of emerging market currencies, enhancing their global standing.

While challenges remain, the initiative underscores a growing recognition among BRICS nations and their allies that the time has come to reshape the financial order. As BRICS Bridge progresses, it will serve as a critical component of the wider initiative toward a Global Currency Reset, signaling a new era of monetary stability and equity for emerging markets worldwide.

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