News, Rumors and Opinions Thursday 8-27-2026
KTFA:
Clare: The Prime Minister's advisor told Baghdad Today: The 2027 budget will be ready to be presented to the Cabinet within days.
8/26/2026 Baghdad Today -
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Wednesday (August 26, 2026) that "the 2027 budget will be ready to be presented to the Council of Ministers within days," indicating that it "will adopt the 'program budget' formula to ensure control over spending and combat financial waste."
Saleh told Baghdad Today that “the 2027 budget is characterized by being a disciplined budget that addresses waste in financial spending operations, and the old methods of managing public money will gradually disappear,” noting that “the budget includes two parts, investment and operational, and the spending mechanisms are linked to specific programs and projects.”
The Prime Minister's advisor added that "the budget will focus on necessary defense expenditures," noting that "if oil exports stabilize, a supplementary budget may be approved after the middle of the year." LINK
Tishwash: The central bank denies printing a new currency with zeros removed.
8/26/2026
The Central Bank of Iraq denied on Wednesday printing quantities of new Iraqi currency with zeros removed.
A statement from the bank said it "has been following the news and statements circulating in some media outlets regarding the bank printing quantities of new Iraqi currency with zeros removed, in preparation for its circulation," emphasizing that "these reports are not based on any official source, and we deny that the bank has printed new Iraqi currency with zeros removed."
The statement added that "any future project related to restructuring currency denominations or removing zeros—should an official decision be made in this regard—will be subject to multiple legal, regulatory, and technical stages, and will be announced, if approved, through the bank's official channels and various media outlets, along with specifying anappropriate transition period that allows citizens, banks, and institutions to exchange the currency in a safe and organized manner, to ensure the full preservation of everyone's financial rights and obligations."
The Central Bank of Iraq called on citizens and the media to "rely exclusively on its official data and channels for information related to monetary policy, and not to rely on undocumented news, figures and information, as their circulation may cause confusion or harm to the financial interests of citizens." LINK
Ryan1216: I believe this is the very end of the road for us with the CBI denying claims of the new currency (lower denominations) without 3 zeroes. Celebration incoming any moment now for us all. IMO
Clare:THE DENIAL MAKES ME LAUGH! THE CBI WANTS TO MAKE THE ANNOUNCEMENT THEMSELVES. BUT IT WILL BE SIMULTANEOUSLY TO THE ACTUAL EVENT IMO ONLY .
Ryan1216: Yes it’s hilarious ! I agree the announcement and the event go hand in hand at the same time. IMO
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Guy The lop off crowd has always said, 'Guess what boys and girls? They're going to remove the zeros and then the currency will float on the international markets and go up and down based on market forces. It'll take years to get to the higher rate we're expecting.' No, that's not correct. It's going to be a massively high correction to the rate that was back in 2003 before the US invasion...
Reset Intelligence Iraq's central bank now holds more than 170 tons of gold worth over $25 billion up 5.7% this year alone. Central banks do not stack gold behind a currency going no where. Watch what they buy not what they say.
Frank26 There is a plethora, a cornucopia, a piñata, an overflowing amount of articles that have come out in the last week that is pounding, pounding, pounding the message to the Iraqi citizens...You've seen the articles...What are they saying? Everything we want them to say...The CBI is telling the whole world that they have a design of new currency to remove the three zero notes. Hallelujah. This is great news.
The Emperor Has No Clothes: UST Market Is Breaking Down | Andy Schectman
Liberty and Finance: 8-25-2026
Gold is being aggressively accumulated as questions mount over the stability of the U.S. Treasury market, the dollar, and America’s ability to manage its enormous debt burden.
Andy Schectman warns that Treasury interventions, efforts to suppress long-term yields, and Japan’s inability to freely sell its Treasury holdings are signs that genuine market price discovery is breaking down.
He says sophisticated investors and foreign nations are quietly moving away from dollars and Treasuries while dramatically increasing their exposure to gold, including China’s purchases that reportedly far exceed its official figures.
Schectman also warns that suppressing interest rates while expanding the money supply could unleash much higher inflation, putting enormous pressure on ordinary Americans who rely on dollars and fixed-income assets for their savings and retirement.
With Goldman Sachs now seeing significant upside risk to its $4,900 gold target and more than $22 billion flowing into gold futures in just three weeks, Schectman says the time to prioritize liquid assets and preserve purchasing power may be now.
INTERVIEW TIMELINE:
0:00 Intro
2:00 US Treasury crisis
13:30 Wars vs US dollar
18:00 Central bank gold accumulation
20:45 Inflation crisis & gold