News, Rumors and Opinions Friday 7-3-2026
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
Majeed KSA: Preparing for the Revaluation
7-2-2026
I just received this news from Iraq.
“I stopped by some currency exchange shops in Baghdad and overheard them saying the dollar has been fluctuating up and down for about a week. I also saw the exchange rates on their display constantly changing, so it seems the market is still unstable and there may be a change coming for the rate.”
My theory based on this message.
The fluctuation is because of the amount of money being confiscated and returned back to the system and the actual cash got burnt, and the value of it was sent to that account issued by the Prime Minister for the confiscated money.
Preparing for reevaluation.
The fluctuation has high indication of changing the rate.
Source(s):
• https://x.com/majeed66224499/status/2072311399796150469
https://dinarchronicles.com/2026/07/02/majeed-ksa-preparing-for-the-revaluation/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 What is Iraq's banking reform? ...do you think it's to introduce new coins? Do you think it's to introduce a new exchange rate? I think the banking reform is to add value to their currency before they can do anything else. Why come out with coins, why come out with lower notes, when you don't have a new rate for them? Why come out with propaganda information, knowledge about monetary reform of many other countries around them?
Militia Man Article: "ADVISOR MUNIR HADDAD : THE FUNDS LOOTED SINCE 2003 EXCEED TWO TRILLION DOLLARS, AND THE TRIALS OF THE CORRUPT WILL BE PUBLIC" ...There is no doubt this is a wowzer!! This is flat out a huge escalation in the anti-corruption push — both in scale and visibility. Putting an official $2+ trillion figure on the stolen money, promising public trials, and vowing no red lines or timelines shows real seriousness from the top. This builds enormous momentum and credibility right ahead of the Washington visit on the 17th...Amazing!
Mnt Goat ...The basic plan to get to the reinstatement comes directly from a 2011 conference held during Dr Shabibi’s time as the director of the CBI with the US treasury, the World Bank and the IMF. We already have witnessed many pieces to the plan executed, so hang in a bit longer you won’t regret it. Yes, the plan has changed a bit, but Iraq must adapt as this is taking so long and technology changes over time.
Jeff It cannot be more than a tight narrow managed float...It won't float when the rate changes because their budgets are calculated off the currency value. If it had a significant float and the currency has a significant value change, that means the budget is completely miscalculated. So every time the rate changes, they would have to redraft and amend the budget's figures. They're not going to do that. That's why it's a narrow managed float in a tight window.
China Just Shut Down Gold Trading
The Financial Edge: 6-30-2026
China just shut down gold trading—but what does that really mean for investors, central banks, and the global economy?
In this in-depth financial documentary, we investigate the real story behind China's latest actions and explore the potential impact on gold prices, silver markets, inflation, currency stability, and global capital flows.
As geopolitical tensions rise and central banks continue accumulating gold reserves, many investors are asking whether this is a temporary regulatory move or part of a much larger strategic shift.
Could China's decision signal concerns about market stability, liquidity, or future monetary risks? And what might this mean for gold investors, silver holders, and anyone watching the global financial system?
We'll examine the institutional perspective, analyze historical parallels, uncover hidden incentives, and explore what sophisticated investors may already be seeing beneath the headlines.
From central bank policy to commodity markets and global economic trends, this documentary breaks down the evidence and separates facts from speculation.