News, Rumors and Opinions Saturday 8-29-2026
Reset Intelligence: Be Prepared
8—28-2026
Be Prepared By Reset Intelligence | @EXIT_FIAT
On Monday Iraq ordered 7.5 billion new banknotes. By Friday the news from the ground was that you cannot buy the old ones.
Two separate reports, with no line to each other, describe the same street: dinar nowhere to be found, cash machines offline or capping withdrawals, payments pushed onto cards, and Kurdistan’s public workers given days to get a bank card because salaries are going electronic. The pay trucks have stopped showing up.
The Cash Is Disappearing
Iraq’s own numbers frame the picture. The CBI’s data shows bank deposits slid 5.6% in the first half of 2026, and the dollar firmed in Baghdad’s markets this week. The banks hold less, the street holds less, and the machines that bridge the two are switching off. In a country with 111 trillion dinars officially issued, the paper is getting hard to touch. In Kuwait in 1991 and Iraq in 2003, the old cash went scarce before the public was told anything.
The Week’s Moves
• The seizure ledger – Iraq’s National Security Service announced more than 93 billion dinars recovered for the treasury, plus another $14 million and 12 billion dinars seized and deposited with the central bank, on the record.
• Counterfeits swept – the second counterfeit currency operation in a week shut down, along with a clandestine drone-manufacturing cell in Baghdad.
• The water, by the numbers – CENTCOM confirmed Hormuz shipping lanes cleared of Iranian mines, 750 million barrels escorted through, and Iran’s oil exports at zero since mid-July.
• September 1 – Iraq’s export contracts on routes that bypass the strait entirely take effect Tuesday.
• The weekend of money – the Fed’s Jackson Hole keynote, the G20 convening around Treasury Secretary Bessent in Asheville, and Iraq’s 2027 budget due at cabinet within days.
What It Adds Up To
Each piece alone has an innocent explanation. Put them in a single week, in the same country whose central bank published a swap procedure inside its own denial, and the innocent explanations start to require more faith than the obvious one. That is the short version. The full daily briefing connects every piece, names the sources, and tells you what to actually watch next.
Being told to be prepared is one thing from a newsletter. It is another arriving from the ground, describing a country already living the first half of an exchange.
Read the full daily briefing free for 5 days. Sign up here: resetintelligence.com
Want it straight from the horse’s mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq. Sign up free: resetintelligence.com/rate-alert
Got a dinar question? Reset Intelligence runs an on-call research assistant: ask it anything they have published. It answers in seconds and will conduct deep research to find you the answer. Try it: resetintelligence.com/research-assistant
https://dinarchronicles.com/2026/08/29/reset-intelligence-be-prepared/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 I want the lower denominations. I could care less about the date. When you give me the lower notes, you're giving me the date.
Guy If the central bank stops their supply of fresh notes and we get reports from the 5 or 6 or 7 legitimate [online] exchanges [in the US] that they're out. That's it. I'd say that's evidentiary reasons for getting excited.
Militia Man The zeros file is no longer theoretical. It is being shaped in public...hard numbers on the cash outside the banks, expanded printed capacity and a clear warning to large undeclared holders...The foundation underneath it is the same system-work that began to take shape in 2023 and has continued since then.
Trump Just Amplified This: Gold to $10,000 Before Year-End | Jim Rickards
Daniela Cambone: 8-28-2026
“It’s coming soon. It’s not a five-year forecast.” Jim Rickards explains why gold could reach $10,000, what Kevin Warsh left unsaid, and why investors should prepare for volatility ahead.
Chapters:
00:00 Midterm Meltdown
03:47 Could Gold Reach $10,000 by Year-End?
05:33 How Much Gold Does Jim Own?
06:13 Gold’s Political Risk Premium
10:30 Should You Sell Gold to Pay Off Debt?
11:15 Jim’s Take on Warsh’s Speech
15:14 Why Own Gold When Interest Rates Are Higher?
16:32 Quantitative Easing Has Begun