The 7 Deadly Sins Of Finance
FORBES | SHOOK Dustin Elliott Top Wealth Advisor Mar 28, 2022
Taking a few X’s and O’s from a playbook on life, I wanted to apply each of the 7 Deadly Sins to the most often discussed topic in the most popular book every written, money. Money, in and of itself, is simply a multiplier of means to an end. It takes whatever is already inside of us…and multiplies it. For example, if you like cars without money and suddenly you have money, chances are, you’ll buy cars.
This observation is why it is exceedingly important that children, teenagers and young adults develop healthy attributes and a deep sense of integrity before they have wealth. Often, the pursuit of wealth teaches us many life lessons that prepare us for managing it. In some cases, we can be taught that money is a means of acquiring the what in life we desire. In others, we can be taught that money is a means of sharing the who we have become.
In my experience, you don’t get very many of the whats until you become the who you are meant to be.
The 7 Deadly Sins of Finance:
ENVY
Being dissatisfied with our lives, talents and gifts while focusing on the circumstances of another’s. In today’s tainted lens of social media, this one is not difficult to grasp. It’s rooted in jealousy. It creates unfair rivalry and unnecessary competition. It can manifest itself in gossip, sarcasm, teasing, contempt and lead to schemes meant to destroy others, while rotting us from the inside out.
Rather than be envious, why not befriend someone whose station in life is appealing to you? Chances are, they are making above average financial decisions, and they may have some insight you could benefit from. It is often said, you are the average of the 5 people you are closest to. Assuming this math is true, how do you add up? If you made an adjustment and added a mentor where a detractor currently resides, would your average increase?
GREED
A desire for inordinate amounts of possessions or status…or in this case, money. Greed uses others for personal gain, with little regard for the harm our manipulation may cause them. It can manifest itself in many ways, gambling excessively, weaseling, narcissism, selfishness, embezzling, avoiding conflict, being unlawful or unethical, being too possessive or even refusing to set healthy boundaries.
Rather than be greedy for more personal pleasure, fall in love with the journey, the pursuit…and establish a process by which you share the fruits of your labor with others. Setup a foundation or DAF that automatically takes 10% (or more) of what you come into and be radically generous with it. There’s no drug on this planet that can compare to the high we get when we help someone else, especially when we do so with no expectation of something in return. The gift of giving truly is without comparison.
LUST
Seeking material or monetary satisfaction to fill the emptiness in our lives…an excessive, driving desire for personal pleasure with more net worth, greater returns or gains on the socioeconomic ladder.
Rather than lusting for more money, set your heart on a desire to learn. Every successful person stands on a hill full of failures - although for them, they’re called lessons. As we try and fail, we learn what not to do, we make adjustments and we file experiences under a super power column called wisdom. As we increase our net worth in wisdom, chances are, we’ll find other rewards as well.
To continue reading, please go to the original article here:
https://www.forbes.com/sites/forbes-shook/2022/03/28/the-7-deadly-sins-of-finance/?sh=7faa5c847483
The Biggest Wealth Transfer in History Has Already Begun | Lynette Zang
WTFinance: 11-11-2026
On this episode of the WTFinance podcast I had the pleasure of welcoming on Lynette Zang. Lynette is an economist, precious metals and currency analyst, and the Founder and CEO of Zang International.
During our conversation we spoke about the current situation in the economy, debt bubble, the fiat crisis risk, secular shifts, new financial system, gold and silver and more.
Central to the discussion is the realization that the modern fiat currency system is built almost entirely on the foundation of public confidence.
Ariel: Iraq’s 3 Zero Posture, the Feint, the Gold, and January 1st
Iraq 3 Zero Posture: The Feint, The Gold, And Jan 1st (What We Are Up Against)
DATE: November 10, 2026
CBI INTERNAL CIRCULATION TRACED TO GREEN ZONE DEEP SOURCE
SITUATION REPORT: The Three Zeros Delay Announcement as Tactical Misdirection
Reset Intelligence: Iraq Nears an IMF Reform Plan
By Reset Intelligence | @EXIT_FIAT
On Wednesday, Iraq and the IMF closed a round of talks in Amman with progress on a three-year reform programme for 2027 to 2029. No sum has been named and nothing is signed yet.
On the same day, Prime Minister Ali al-Zaidi and Speaker Haibat al-Halbousi each opened an inquiry into oil reported stolen from a pipeline south of Baghdad, and into a smuggling route for Iraqi oil through Iran to Afghanistan.
Dollar Inches Up In Baghdad, Erbil
2026-11-12 Shafaq News- Baghdad/ Erbil The US dollar opened Thursday’s trading higher in Baghdad and Erbil, hovering around 169,100 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya exchanges at 169,150 dinars per 100 dollars, up from the previous session’s 168,900 dinars.
Good Morning Dinar Recaps,
GLOBAL DEBT RESET WATCH: EUROPE ADVANCES TOKENIZED BONDS AS CENTRAL BANKS BUILD THE NEXT FINANCIAL INFRASTRUCTURE
Europe is moving government borrowing and bond settlement onto digital platforms, bringing tokenized debt closer to everyday financial-market operations.
TNT:
Tishwash: Academics call for support for productive projects and protection of the currency.
Harmony and coordination between fiscal and monetary policies are fundamental to ensuring financial stability and supporting sustainable growth in the country. Economic experts emphasize that the current structural and institutional challenges necessitate strengthening cooperation mechanisms between executive bodies and the Central Bank of Iraq.
This will ensure efficient management of monetary liquidity, mitigate external shocks, and achieve the desired balance between stimulating economic activity and curbing inflationary pressures.
KTFA
Wednesday Night Video
FRANK26….11-11-26….HCL & 1500
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Iraq’s Central Bank Warns Banks Against Extra Fees On Dollar Sales
2026-11-11 | 12:03 BAGHDAD — The Central Bank of Iraq on Tuesday renewed its warning to banks and electronic payment companies not to add unjustified fees or margins to dollar transactions for traders and travelers.
Banks and payment companies buy dollars from the Central Bank at 1,510 dinars and may keep 10 dinars per dollar for profit and commissions when they sell at the official rate of 1,520, Mahmoud Dagher, an adviser to the Central Bank governor and the bank’s spokesperson, said in an interview with Al-Rabiaa TV.
GOLD: The World's Most Trusted Metal — But Why?
If gold is so rare, why can countries buy it by the ton? Who sells it? Why do central banks accumulate it? And is the world really preparing for gold-backed currencies?
For thousands of years, gold has fascinated humanity. Civilizations have fought over it, kings have accumulated it, governments have stored it, and investors have turned to it during times of uncertainty. But beneath gold's reputation as the ultimate symbol of wealth lies a surprisingly simple question:
The Bond Market Is the Real Danger, China Is Building a New Gold System | Andy Schectman
Liberty and Finance: 11-10-2026
Gold and silver prices are falling, but Andy Schectman says the biggest financial players are using the weakness to accumulate precious metals behind the scenes.
He explains how China is building a new gold-backed financial infrastructure, including 24/7 tokenized gold settlement that could challenge the dollar's dominance.
More than $100 billion in gold and silver has reportedly stood for delivery on COMEX this year, raising questions about where physical metal is moving.
Ariel: November 15th Budget Deadline
11-10-2026
November 15th Budget Deadline: The Line Items Written For One Market (Budget Table Revisions)
I Want You All To Keep This In Mind
The reason the 2027 budget is the revaluation, not just a precursor to it, comes down to one thing that most people holding dinar completely miss: the budget is the proof.
Bruce’s Big Call Dinar Intel Tuesday Night 11-10-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome, everybody, to the big call tonight. It is Tuesday, november 10, and you're listening to the big call. Thanks for tuning in, everybody, around the globe, I've got a little announcement to make before I pray the call in, and that is that because of the importance of the speech that President Trump is going to make on Thursday at 9o'clock Eastern, which is the normal start of the big call Thursday, two nights from now. Thursday's big call will start one hour early.
In other words, the big call will start at 8 p.m. Eastern this Thursday, the 12th Eastern. Set your alarm exactly. So good. Set your phone alarm so that you don't miss the big call on Thursday at 8 p.m. Eastern Standard Time. Because it's going to be good.
Good Afternoon Dinar Recaps,
GLOBAL DEBT RESET WATCH: GLOBAL BOND SELLOFF DEEPENS AS HOT U.S. INFLATION RAISES FED RATE-HIKE FEARS
Higher-than-expected U.S. inflation and increasingly hawkish Federal Reserve signals have pushed bond yields sharply higher, raising borrowing-cost concerns across global financial markets.
GP Q: Iraq, the Dinar, Revaluation, et al
11-11-2026
IRAQ + THE DINAR + REVALUATION ET al:
• Iraq’s 2027 Budget Hides a 3.5 Dinar Peg — Here’s What the Public Isn’t Seeing
• The Closed-Door Meetings That Set Iraq’s New Rate Before Parliament Ever Sees It
• Gold-Linked Notes Already in Circulation? The Tokenization Process Behind Iraq’s Dinar
Coffee with MarkZ, joined by Andy Schectman and Zester. 11/11/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: We start with our yearly Armistice reading. We look at what is going on in the financial world and Andy joins us to dive into the nuts and bolts of what is going on in the metal's world. Why are so many Central banks buying the "relic" at a frantic pace?
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Ariel: We are in the Home Stretch Now Folks
I think that Al-Zaidi’s crew is running a shadow ledger alongside the published budget numbers, and that shadow ledger is where the rate gets calculated in the 2027 draft they’ll hand Parliament on the 15th has been through four closed-door revisions in the past ten days.
Where the financial committee, the CBI governor, and a quiet contact from the U.S. Treasury’s Office of Technical Assistance sat in a room in the Green Zone and most likely massaged the figures until the performance metrics spit out a 3.5-to-1 peg that the gold reserves can support without triggering a bank run.
Reset Intelligence: Who Is Holding Up Iraq’s Budget?
By Reset Intelligence | @EXIT_FIAT
On Tuesday, Iraq’s cabinet again did not vote the 2027 budget. The state newspaper now puts it on Saturday, a month past its legal deadline.
Baghdad’s own financial adviser said the same day that rising oil prices and exports are moving the operating budget toward break-even.
Oil Prices Rebound On Renewed Shipping Concerns
2026-11-11 00:15 Shafaq News Oil prices rose on Wednesday from the previous session's two-month lows, as the market swung between hopes for a de-escalation in the US-Israeli war on Iran and concerns about attacks on shipping in the Strait of Hormuz.
Also on Wednesday, a regional governor said a drone attack caused a fire in the port area of Ust-Luga by the Baltic Sea in northwest Russia, injuring three workers.
Good Morning Dinar Recaps,
GLOBAL ASSET RESET WATCH: EUROPEAN STOCKS MOVE ONCHAIN AS TOKENIZED MARKETS EXPAND ACROSS BORDERS
Europe's latest expansion of tokenized equities brings hundreds of traditional stocks onto blockchain networks, signaling another step toward a more connected global financial marketplace.
China Buys Gold For Two Straight Years As Central Bank Demand Remains A Key Pillar Of Support
Kitco News) - After a busy third quarter, central banks continue to take advantage of lower gold prices to increase their official reserves. China continues to play a dominant role in the marketplace, increasing its reserves for two straight years.
In social media posts highlighting October purchases, Krishan Gopaul, Senior Analyst, EMEA, at the World Gold Council, said that China bought 26 tonnes of gold, putting the nation’s official reserves on nearly equal footing with those of other developed nations.