News, Rumors and Opinions Thursday 6-25-2026
Reset Intelligence: Iraqi Dinar Brief - June 24, 2026: Three Weeks to Washington
6-24-2026
June 24, 2026. Iraq just put a date on it. Parliament is set to sit on July 5 to seat the last 9 cabinet ministers, and the prime minister flies to Washington in the middle of the month. Every other clock in the region now lines up inside the same 3 weeks.
Ali al-Zaidi has nothing to run for. He has ruled out the next election and ruled out building a party, and he is sprinting to hand Washington a clean, finished government before he boards the plane. The price of that meeting was named out loud months ago: progress against corruption.
So Baghdad is digging. The case against a detained deputy oil minister has swelled past 98 billion dinars and $11 million in cash, some of it pulled 4 metres out of the ground. Two convictions landed in a single week. In the same days, Washington widened sanctions on corrupt networks abroad. One capital scrubs its own books while the other reads out the names.
Here is the number under all of it. Iraq's 2026 budget runs a $21 billion hole. More than 90% of what the state earns comes from a single barrel of oil, and now the war is over, the Strait of Hormuz is open, and the crude is flowing again. Then Washington cleared Iran to sell its own oil openly for the first time since 2018, the price slid, and the rescue got gutted on arrival.
Investment slows the bleed. It does not fix the trap. The one lever that changes the arithmetic is the worth of the dinar itself, and no nation reprices its currency without a nod from the people who run the system it is trying to rejoin. Maybe that is what the trip to Washington is really for. Watch the seats fill, and watch which door he walks toward in July.
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat I believe we are closer than ever for the dinar to get reinstated. But first things first...certain laws in Iraq must be passed. Certainly, reviving the economy to at least 45%-50% non-oil revenues could make a huge difference for Iraq and the IMF. By now everyone should be fully aware of these events that caused delays in the currency reform process.
Jeff The next critical piece we're looking for is to see when they're going to do the cabinet because that's the most important piece of this puzzle right now as far as timing and when everything's going to happen. We've got to see the cabinet done.
Reset IntelligenceThe biggest banks are quietly building for a wealth event. JP Morgan tripled its private client locations and plans 160 plus new centers, Wells Fargo callout it their best recruiting year in a decade, Goldman is growing wealth management faster banking. In the same 12 month window 89% of high net worth firms made wealth services their number one growth strategy. They say it is for inheritance ...watch they build, not just the explanation.
Gold Is the Nuclear Option for a $127 Trillion Debt Crisis
Taylor Kenny: 6-23-2026
America’s $127 trillion debt crisis could expose why gold and silver remain the ultimate wealth preservation assets.
CHAPTERS:
00:00 — Gold Pullback Doesn’t Change the Bigger Picture
00:53 — How a Gold Revaluation Could Work
02:47 — The Hidden $127 Trillion Debt Crisis
04:42 — What $127 Trillion Could Mean for Gold
05:39 — Global Debt Is Surging Out of Control
06:38 — Derivatives: The Risk Layer Built on Debt
09:26 — Why the Dollar Is at the Center of the Crisis
10:53 — Gold, Silver, and Preparing for a Currency Reset