Tuesday Evening News with MarkZ. 05/06/2025

Tuesday Evening News with MarkZ. 05/06/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good evening one and all.

Member: Did anyone hear Trump say he's gonna make a big announcement before he leaves out of the country this week?

Member: Mike Bara mentioned yesterday that they were expecting some kind of announcement from Trump and today Trump mentioned big announcement coming soon.

MZ: Today on TV Trump announced he is going to the middle east next week and then says he has a big announcement and will make it Thursday, Friday or Monday before he goes. He said an announcement that will “shake the world”

MZ: Just stay calm….it sure appears we are closing in on it.

MZ: Is it possibly a piece deal with Gaza and Palestine?  Or is it a revaluation of the Iraqi Currency? That would fit with some rumors we are hearing out of Iraq.

Member: Maybe closing down the IRS or the Fed……OR maybe a global currency reset??????

Member: Mark, do you know if bond facilitators have been paid?

MZ: I do have an update from a bond contact who would not comment if he was paid for his historic bonds. They did tell me they are expecting an historic asset bonds update tomorrow.…The bonds with the golden gun boxes….. they expect news on final contracts. This could tell us a lot about our timing.

Member: Hope these gold bonds are the last ones

Member: It's been proven that Iraq prime Minister has been meeting with heads of banks. and also the parallel market is moving in our favor now.

MZ: That is absolutely 100% true.

MZ: For this piece we want to give credit to Samson with MM and Crew. “ The United Nations and 18 countries meet with the Iraqi Banking sector to discuss banking relations at the headquarters of the Association of Private Banks”  they are focused on safety and moving money internationally.  This would be very important if there is a value change in an international currency.

MZ: Many of these countries listed are in the same basket that we have discussed. Iraq is clearly moving to international and quickly!!

MZ: This is a huge article…If you can, take the time to read it. The links are up at the originalmarkz.com

MZ: “Planning discusses with the World Bank the follow up of work progress in a number of development projects in Iraq” this is also breaking today. They are again sitting down with the world bank. The WB says they are doing great work. This is another “feel good” article that shows stability.

MZ: “139 MPs (Ministers of Parliament) attended today’s parliament session and deducted from the salaries of the absentees”   Why don’t we do that….lol

MZ: “Ministry of Finance signs two agreements with the French Development Agency in the field of Infrastructure” one of the big projects is sewage….and its coming along. Modernization of the country

Member: Back five years ago Charlie W told us that when it all 'dropped'....it'd go quickly and our heads would spin. Much of what Charlie said back then has come true. Just not quickly!

Member: Happy Days are coming…and a  Celebration

Member: Thanks Mark and Mods….see everyone tomorrow AM!!!

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

https://www.twitch.tv/theoriginalmarkz

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=X2QbKWfIHfo

News, Rumors and Opinions Tuesday 5-6-2025

Note From Dinar Recaps: As per readers questions:

When the RV/Reset notifications and announcements are released. We have been told we will be able to release this information to all our email subscriber and/or readers.  This is subject to change on what others want done.

We will inform you of everything that we are legally allowed to publish.  Reminder: Everything Dinar Recaps posts is from someone else, NOTHING is from Dinar Recaps.

Our plan is still to have fireworks at the top of our website and this notification and all instructions and information that we are allowed to post and/or email to our newsletter subscribers.

May all our dreams come true soon and thank you to all our devoted readers and Early Access subscribers.

The Dinar Recaps Team

Gold Telegraph: Warren Buffett Says we may Want to Own Other Currencies

5-5-2025

BREAKING NEWS: THE FEDERAL RESERVE IS REVIEWING ITS SECRET RATINGS FOR THE NATION’S BIGGEST BANKS

Ok…

“Most large banks have bad ratings, keeping them from doing deals…”

Source: https://www.wsj.com/finance/regulation/federal-reserve-bank-ratings-review-1b66135f

According to the Russian Foreign Minister, payments in national currencies in trade among BRICS countries total more than 65%.

This is significant.

Here’s President Nixon “temporarily” suspending the dollar’s convertibility into gold.

https://twitter.com/i/status/1918433412752572563

This act dismantled Bretton Woods and launched the fiat era we live in today.

History.

WARREN BUFFETT SAYS THERE COULD BE THINGS THAT WOULD HAPPEN IN US THAT WOULD “MAKE US WANT TO OWN A LOT OF OTHER CURRENCIES”

Plot twist.

Gold…

Source(s):
https://x.com/GoldTelegraph_/status/1918424392708792323

https://dinarchronicles.com/2025/05/04/gold-telegraph-warren-buffett-says-we-may-want-to-own-other-currencies/

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  The most important thing that is needed, the only thing that is needed for the new exchange rate to come out of hiding, to no longer be surrounded by weapons to protect it, is security and stability...Do we have it?  I think so.

Mnt Goat   Article:  "IRAQ INVITES MIKE WALTZ TO VISIT BAGHDAD AND SEE THE POSITIVE DEVELOPMENTS ON THE GROUND"  Quotes: "Foreign Minister Fuad Hussein invited US National Security Advisor Mike Waltz on Tuesday to visit Iraq and observe the “developments” taking place in the country on the security, political, and economic levels."; "Minister Fuad Hussein affirmed that the security situation in Iraq is stable and secure...".

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Determinate the most expensive currency

Nader:  5-6-2025

https://www.youtube.com/watch?v=ESLJhomqeOM

Tuesday Coffee with MarkZ and MilitiaMan. 05/06/2025

Tuesday Coffee with MarkZ and MilitiaMan. 05/06/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Hello everybody…. Good morning Mark Z

Member: Are we almost there??

MZ: We will have MilitiaMan with us this morning . I am excited to hear what he is hearing.

Member: Hearing any good news from bond folks?

MZ: I had a bond contact chime in to let me know that gold bond contracts are expecting payments this week. It appears that bonds are moving forward with different bonds at different times. That they are taking other historic assets and contracts tells me that they are moving forward and being positioned for that release.

MZ: I am still looking for a bond contact with dollars right now.

Member: IMO-  If bonds are paid out today we won't get money till Friday or the weekend or next Monday….we hope

MZ: “For 100 kg Iraq raises its gold holdings and maintains its global and Arab ranking”  the world gold council on Tuesday announced that Iraq’s gold holdings have risen by 220 pounds to reach 162.7 tons.

MZ: Iraq continues to have positive cash flow for long term stability.

MZ: “Parliamentary Finance: Adopting the unified card in the elections will reduce spending”  This makes sense. If you use a unified ID for voting would eliminate fraud…..common sense.

Member: IMO if we get to another Iraqi election then I will question if this will ever happen with Iraq.  Come on Sudani- pull that trigger!!

MZ: “Can Iraq’s Development road Project become its gateway to prosperity”?  this is a deep dive showing us historically where Iraq fits in the great trade industries of the world. Iraq will have a key role in trade from the middle east to Europe.

Member: Iraq has large amounts of money flowing in from foreign investors

Member: Rumor is  Iraq has to go before the Arab summit? As been said by some on the boards?

Member: The Arab Summit is scheduled to be held on May 17, 2025, in Baghdad, Iraq. The 12th meeting to prepare for the summit was held on March 6, 2025

Member: so mark what I'm seeing in the numbers in the countries we r watching they really can't hold out much longer without upsetting the people beyond trusting their government

Member: Iraq will be forced at some point to revalue to honor contracts. the 1310 won't fly with the current plan-no worries

Member: I wonder- Could  Iraq revaluated already and we don't know yet?

Member: I wonder- Will we see it first on forex live charts??

Member: I wonder- who benefits from the dinar revaluation being delayed?

Member: Many things are happening every single day. Most behind the scenes to protect our patriots and military.

Member: We are in the midst of a huge amazing global shift. On all levels. Patience is our strength right now.

Member: Sovereignty won the Kentucky Derby 

MZ: Who doesn’t love that??? And he out distanced Journalism!!!!!  The symbolism is epic in this one.

Member: Plus the Jockeys name was Zim and he's from Venezuela ,!!! Comms

Member: The jockey that was riding Sovereignty he was from Zimbabwe!!

Member: how will we know when the RV really happens?????

Member: Will Recaps look different when notifications come out?

Member: Recaps said would make symbols that would look like fireworks going off

MZ: yes at one point …maybe a year or two ago they released what it would look  like . If you ask on enough podcasts….they will hear about it and respond just exactly how they are going to handle it ……

Member: Imagine how happy we’re all gonna be when we get that number

Member: Explain the difference between Redemption Centers and Banks please

Member: Redemption Centers are banks. No need to have trained people at every bank as there just isn’t that many currency holders.

Member: A redemption center is just a redeeming bank with specially trained people in foreign currency and wealth management to exchange us. Supposedly with the best rates and perks and security.

Member: redemption centers are supposedly going to be in a bank. They are also called redeeming banks. The center may be on an unused floor in a bank building

Member: Thank you Mark and MM….. MM and Crew and MarkZ both have regular jobs, this is volunteer, Utmost respect.

Member: Everyone have a happy and hopeful day today

MilitiaMan Joins the stream today. Please listen to the replay for his information and opinions

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=WXOAlMbr7ds

News, Rumors and Opinions Monday 5-5-2025

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.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 5 May 2025

Compiled Mon. 5 May 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Judy Note: It is my personal opinion that as of Mon. 5 May 2025 money was defiantly moving across the World, Bond Holders were liquid but under strict NDAs not to talk about it and as of Thurs. 1 May 2025 the Dong and Dinar were being exchanged in the Middle East.

Sometime between now and next Wed. 7 May the EBS could activate over our phones and we could get an email giving instructions on how to set up exchange appointments. The information would also be published on various Dinar websites and in this update.

Tier4b (us, the Internet Group) notifications should be out at any time, with appointments starting immediately.

Once notified we would have ten days to set our appointments and until the end of May 2025 to go to those appointments. If we exchange at a bank we could get a lower exchange rate than if we exchanged at an official Redemption Center – which was also the only place where we could redeem Zim Bonds.

All exchanges at official Redemption Centers were to be finished by Sat. 31 May 2025. After that, Zim could no longer be redeemed and we would have to do currency exchanges at a bank using the lower rates.

Read full post here:  https://dinarchronicles.com/2025/05/05/restored-republic-via-a-gcr-update-as-of-may-5-2025/

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Iraq Reset in Motion, New System Quietly Standing by

589bull:  5-5-2025

Iraq just drained 5-year dormant tax reserves to cover salaries.

Why? Because the Federal Reserve delayed USD transfers and liquidity inside Iraq’s banks has collapsed.

Loans frozen. Salary advances halted. Quiet emergency orders leaked.

Reset in motion.

Old system breaking down.
New system quietly standing by.

Crypto Trader:  Iraq's banks running dry: Ministry resorts to tax funds for wages

Drewsome109:  Wouldn’t Iraq have a higher chance of RV if their economy was doing good/stable? Seems like they’re scrambling for liquidity while the budget hasn’t been passed and keeps getting delayed.

589bull:  Iraq’s liquidity crisis, USD bottlenecks, and delayed budget are part of a controlled collapse to force a shift to the new rate and digital framework.

Source(s):
https://x.com/589bull10000/status/1919076223092662673

https://dinarchronicles.com/2025/05/04/589bull-iraq-reset-in-motion-new-system-quietly-standing-by/

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   Let's pretend that you wake up and you find out...there's a new exchange rate for the Iraqi dinar and you have the desire to go to a bank and exchange...Be careful with what relative you share this information with.  I told you they're out there looking for you.  I'm not just talking about our government.  Your best friend, that 3rd kissing cousin you haven't seen in 3 years...Do everything possible to protect you and your family.  Limit those that you tell in your family...

Militia Man   Article quote:  "Rafidain Bank... opening to international correspondence channels in preparation for a confident return to the global financial system."  Well they haven't done that at 1310.  Do you think for the life of yourself that they're going to do that at 1310?  If they were why didn't they do it 20 years ago or in the last 2 1/2 years? ...The bank spells it out what they're about to do and where they're headed...The banking reform process is ready to return to the rightful position in the international financial system...

************

Sudani and Alak meet with all bank branches

Nader:  5-5-2025

https://www.youtube.com/watch?v=TNED_4CkAUA

BREAKING: WTH? Is Iraq Hiding Its "Real" Annual Income

Edu Matrix:  5-5-2025

Is Iraq Hiding Its "Real" Annual Income Both the Development Road Project and Religious Tourism in Iraq will increase Iraq's annual revenues beyond expectations.

These project revenues along with manufacturing and oil revenue will help to increase the annual revenues. We know this. However, we did not know that Iraq's yearly tourism revenue is already over $12 billion a year. Iraq is hiding their annual revenues.

https://www.youtube.com/watch?v=YUgmxU6vB7c

Coffee with MarkZ. 05/05/2025

Coffee with MarkZ. 05/05/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning. New Month, New week……..let’s go!!!!!

​​Member: Another weekend without the RV… wow ever thought we would still be waiting

Member: Really hoping Mark has some good news for us today.

MZ: The news is still good….We are just not there yet. But there is a lot going on in Iraq right now.

Member: did Charlie have any idea on timing when you met with him last week?

MZ: He is like me and thinks it’s really stinkin close. He is tracking the progress as well.

Member: Any good news for bond holders?

MZ: Bond contacts are absolutely MIA right now . That is not not unusual for a Monday morning. Most get updates later in the day.

Member: Sure sounds like it could be strict NDA’s to me.

MZ: That exactly may be the case. If I do not hear from them – one way or another….that is my assumption.

Member: If the reset doesn’t happen soon, when Basel 3 is implemented July 1 2025 that may help with the reset. Cmkx!!

Member: (From Dinar Guru)  Mnt Goat Article:  “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.”  As investors we have...been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005...One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session... A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.

MZ: The question is – what is the real truth? We heard similar things in Kuwait  and China before they RV’ed their currency.

MZ: “The minister of finance is reporting a 5% growth in non oil GDP in 2024” this is a pretty big story. Presently oil prices are suppressed but it started the year at $78 a barrel . they are far more secure than the “Chicken Little’s” out there are claiming.

Member:  Iraqi government is suppressing the weight of my pockets as well

MZ: “ Expectations to postpone the passage of important laws to the next parliamentary session”  this is a flip flop. They also say they will pass budget tables in the next “coming days” guess we will see what the coming days will bring.

MZ: “Because of Washington Baghdad resorts to “tax deposits”  to secure employees salaries”  the Federal Reserves seems to not want to release all their dollars back to Iraq. Could this be the last dying breath of the Federal reserve?  Or is it something deeper?

MZ: “ Experts discover the biggest hydrogen reservoir on earth-6 trillion under these states” this is in the US between the Appalachian and the Rockies-  there is a huge list on the states with large hydrogen deposits. We are moving towards an asset backed world and are suddenly discovering new assets.

Member: More assets to back the new asset/gold backed USN notes!!!

Member: oil and crude prices are falling again today.

MZ: That may be a good sign …at some point they will not have enough oil revenue and will be forced to RV.

Member: My gut says, once Trumps Big Beautiful Tax Bill is approved and signed, then it’s our day

Member: Do we still get notifications with the 8oo number for the redemption centers?

Member: Until we hear differently- that is the plan

Member: Hubby wants me to ask, "Will all countries revalue their currency eventually?"

Member: Eventually Trump has always says he want parity between currencies. He wants all currencies to have a 1 to 1 value……so I say yes.

Member: Maybe RV is this week and Diddys trial could be cover!

Member: I believe that the Kentucky winner was a Big sign!!  Sovereignty!

Member: Sovereignty beat out Journalism(msm). Ironic

MZ: That is so very ironic.

Member: I appreciate all that have tried helping us over this finish line - whether it be Mark, Mike Bara, Wolverine all of em

Member: Mark. I don’t know how you do it. So much going on and you are still thinking of us and keeping the community informed. Thanks!

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=xyiy6nJREJA

News, Rumors and Opinions Sunday PM 5-4-2025

KTFA:

Clare:  Granting a license to Al-Hawd Exchange Company / Private Joint Stock Company under Category (A)

May 04, 2025

It was decided to grant a license to practice work as a private joint-stock exchange company under category (A) in the name of Al-Hawd Exchange Company, numbered (99) for the year 2025. For more, click here.

https://cbi.iq/news/view/2879

Clare:  The Central Bank's branch in Erbil holds a development course for its employees.

The Central Bank of Iraq, Erbil Branch, held a "Middle Management Course" for some of its employees.

The course covered the basic aspects of developing participants' skills, including basic information in the administrative, legal, banking, financial, and monetary fields.

It is worth noting that developing the organizational structure and human resources at the Central Bank is a strategic objective pursued by the Central Bank of Iraq to develop its human resources, enhance their capabilities, enhance the effectiveness of their performance, and qualify them administratively and professionally.

Central Bank of Iraq
Media Office
May 4, 2025

https://cbi.iq/news/view/2881

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Clare:  The Central Bank concludes financial inclusion activities in Sulaymaniyah.

The Central Bank of Iraq's Erbil branch concluded financial inclusion activities in Sulaymaniyah Governorate.

The event lasted for two days and was attended by a number of banks and electronic payment service providers.

The first day's event was held at the College of Administration and Economics, University of Sulaimani, while the second day's events were held at the International Finance and Trade Center in Sulaimani.

Central Bank of Iraq
Media Office
May 4, 2025

https://cbi.iq/news/view/2880

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Bruce   [via WiserNow]  I think we're going to end up getting notifications between Sunday and Monday.

Pimpy   The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq...Sudani seems to be getting everything back on track.  Keep your fingers crossed that no more things come in and interfere with the rebuilding of Iraq.  Then you can start to see it, slowly but surely, rebuilding the value of its currency.  Having a ton of foreign currency reserves helps.  Having a ton of gold helps as well.

Sandy Ingram  Iraq and the United States are working closely behind closed doors.  Behind closed doors the United States, IMF and World Bank have a lot to do with the timing of the float of the Iraqi dinar and Iraq's release from the shadow sanctions.  

$10,000 Gold This Year? Monetary Reset Breadcrumbs In Plain Sight | Mike Maloney

4-30-2025

Is the U.S. preparing for a monetary reset backed by gold?

 In this powerful exposé, we follow the trail of breadcrumbs—from historical cycles and central bank actions to the massive inflows of gold into U.S. vaults.

 Discover how past monetary transitions line up with today’s geopolitical and financial chaos, and why a $10,000 gold price may be more than just speculation—it could be imminent reality.

Inside This Video:

The 50-year monetary reset cycle

 Surging U.S. gold imports and Fort Knox whispers

 Treasury officials hinting at a new gold standard

A step-by-step breakdown of how gold could hit $10,000

https://www.youtube.com/watch?v=GGsWLA7s9Ow

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 4 May 2025

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.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 4 May 2025

Compiled Sun. 4 May 2025 12:01 am EST by Judy Byington

Sat. 3 May 2025 RED ALERT: EBS LOCKDOWN IMMINENT! …Charlie Ward and Friends on Telegram

The Quantum Financial System (QFS) is already seeded across 89 nations. Pilot debt forgiveness programs have begun in South America and Europe. Gold vaults stolen by DeepState actors are being emptied and returned to national treasuries. But media silence hides the truth.

Possible Timing:

On Thurs. 27 March 2025 Military (allegedly)  took control of the Federal Reserve and severed all links to the old US Treasury. Fiat printing was dead. All future currency (allegedly)  would be asset-backed, and all debt created through fraudulent lending systems, (allegedly)   nullified — including mortgages, student loans, credit cards and more. There would be a public announcement by July 4 2025.

On Sat. 26 April 2025 Constitutional Law and the Gold Standard (allegedly)  returned to all citizens around the Globe. In this new World unshackled from the banking elite 207 nations would function under concepts of the original Constitution and a restored justice system under NESARA/GESARA Law.

As of Thurs. 1 May 2025, fiat currency was (allegedly)  officially dead, the Quantum Financial System was live and gold-backed and the Military was in control.  

~~~~~~~~~~~

Global Currency Reset:

Judy Note: On Sat. 3 May 2025 I could not find any new news at all on the Global Currency Reset. The below was in my opinion only and could or could not be true.

What I understand to date was that money was defiantly moving and Bond Holders were liquid but under strict NDAs not to talk about it.

There were indications that as of Thurs. 1 May 2025 the Dong and Dinar were being exchanged in the Middle East.

Sometime between now and next Wed. 7 May the EBS could activate over our phones and we could get an email giving instructions on how to set up exchange appointments. The information would also be published on various Dinar websites and in this update.

Tier4b (us, the Internet Group) notifications might come out over the weekend, with appointments starting on Tues. 6 May 2025.

Once notified we would have ten days to set our appointments and until the end of May 2025 to go to appointments at an official Redemption Center that would have higher exchange rates than at a bank.

After the end of May 2025 Zim would no longer be redeemed and we would have to do currency exchanges at a bank with the lower rates.

All exchanges were to be finished by Sat. 31 May 2025.

Sat. 3 May 2025: THE DIGITAL FINANCIAL RESET HAS BEGUN $4.7 TRILLION IN UNTRACED PAYMENTS BLOCKED BY NEW TREASURY SYSTEM …Carolyn Bessette Kennedy on Telegram

The Deepstate just got blindsided. The Treasury’s new TAS protocol just (allegedly) flagged $334 million in shady transactions — exposing $4.7 TRILLION in untraceable government payouts. This isn’t a glitch. This is a digital takedown.

THEY NEVER MEANT FOR US TO SEE THIS While you were watching staged trials and fake headlines, the U.S. Treasury flipped a switch behind the scenes. A new system went live — and trillions in dirty money were caught mid-flight. No budget codes. No legal trace. No oversight. Just a massive digital shadow network — exposed.

THE TAS SYSTEM WENT ACTIVE — AND CHAOS ERUPTED The moment TAS launched, it started slicing through financial lies:

• $334 million instantly rejected
• Payments with missing or fake codes flagged
• Transactions linked to fully drained budgets blocked.

This isn’t bookkeeping. This is a live digital strike against the black-budget parasite.

$4.7 TRILLION IN THE DARK — WHERE DID IT GO? Before TAS, the Treasury let $4.7 TRILLION move with zero code linkage. No origin. No authorization. No audit trail. That’s not incompetence — that’s criminal laundering hiding in plain sight.

And now? The pipeline’s being severed. NO CODE. NO CASH. NO COVER-UP. With TAS, every dollar must now prove itself:

• Is it linked to an active, legal budget?
• Is that budget still open?
• Does it match the agency and timeline?

If not? That dollar dies on the spot. No appeal. No workaround.

WELCOME TO THE DIGITAL PURGE This isn’t the “Great Reset” they talk about on stage. This is the real reset — hidden in code, enforced by AI, deployed in silence. They’re erasing their old money trails, locking the doors, and rewriting the system in real time. The press won’t cover it. The politicians don’t understand it. But the money flow is being seized — right now.

THE DEEPSTATE JUST LOST ACCESS Black ops. Shadow wars. Laundered tech budgets. All powered by the same invisible money flow. Now, with TAS live, those channels are being cut off — permanently. This isn’t just reform. +It’s a digital guillotine. The swamp isn’t being drained. It’s being throttled by code. And the ones who used to control the money? Just lost the keys.

Read full post here:  https://dinarchronicles.com/2025/05/04/restored-republic-via-a-gcr-update-as-of-may-4-2025/

More News, Rumors and Opinions Saturday PM 5-3-2025

KTFA:

Clare:  Parliamentary clarification: What is the purpose of spreading rumors about employees' salaries not being secured?

5/3/2025   - Baghdad  

Head of the Irada bloc, MP Hanan al-Fatlawi, confirmed on Saturday that attempts to spread rumors about unpaid salaries constitute early election propaganda. Al-Fatlawi tweeted on the "X" platform:

"Slogan merchants, look for other merchandise. Attempts to spread rumors about the failure to secure salaries represent early election propaganda that is not based on reality.

The government is committed to paying salaries and has not announced a deficit in this regard."

She continued: "The continuation of reconstruction projects and strengthening Iraq's regional position are tangible steps to the credit of the government, and they disturb those who have grown accustomed to trading in slogans instead of offering solutions." LINK   

Clare:  This week, Al-Sudani will head to Kirkuk to inaugurate the largest oil refinery

5/3/2025

An informed source in Kirkuk Governorate revealed on Saturday that Iraqi Prime Minister Mohammed Shia al-Sudani intends to visit the governorate this week to lay the foundation stone for the largest investment oil refinery in Kirkuk and inaugurate several service and development projects.

The source told Shafaq News Agency, "The visit is expected to take place over the next two days, starting Monday, and will include the inauguration of the Kirkuk Investment Refinery Project, the largest of its kind in the province, in addition to the opening of other projects in various sectors."

He added, "During his visit, the Prime Minister will meet with officials from the North Oil Company to review the progress of work and follow up on the details of the joint contract between the company and its British counterpart, BP, as well as discuss ways to develop the province's energy infrastructure."

This visit comes as part of the federal government's efforts to support investment in the energy sector and enhance economic development in oil-producing provinces.

Two Kirkuk officials revealed new details on Friday (January 31, 2025) regarding the province's new refinery project, confirming that the contract is worth $2 billion and that its equipment is being supplied by the American company UOP .

Kirkuk Governor's Advisor for Investment Affairs, Ali Hammadi, told Shafaq News Agency, "The signing of the Kirkuk Governorate administration, represented by Governor Rebwar Taha Mustafa, of the contract to implement the construction of the Kirkuk oil refinery will contribute significantly to meeting the governorate's needs for gasoline and fuel."

He added, "The project contract is valued at $2 billion, with an implementation period of two to three years. The project will also provide approximately 3,000 job opportunities for Kirkuk residents." He indicated that "the coming period will witness the project's entry into force after the completion of the necessary procedures for handing over the project land to the company."

The project is part of the Iraqi Ministry of Oil's plans and programs to meet the country's domestic demand for petroleum products and export the surplus through investment refinery projects.

The refinery is scheduled to produce 70,000 barrels per day of high-quality petroleum derivatives, according to government statements.

Earlier, the director of Rania Energy and Oil Company, Jalal Haj Ahmed, told Shafaq News Agency, "The company's signing of the contract with the Kirkuk administration is an important step, as the company will work to establish the refinery according to international specifications and adhere to the deadlines for its operation. The refinery will be equipped by the large American company UOP ." He indicated that "the equipment and supplies will be the first of their kind and environmentally friendly."

He added, "Once implemented, the project will provide approximately 3,000 job opportunities for Kirkuk residents across all sectors."

Kirkuk Governor Rebwar Taha Mustafa also announced last Thursday that Prime Minister Mohammed Shia al-Sudani and the federal Ministry of Oil had approved the construction of the province's first oil refinery.

On Tuesday, October 17, 2017, the Iraqi Ministry of Oil announced its intention to build a new oil refinery in Kirkuk and boost oil production from existing fields.  LINK

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Iraq is going to go to a global level and I think we all realize they haven't done it at 1310 to 1 US dollar.  They're going to have a real effective exchange rate that has freedom of capital movement across borders...Iraq is ready to go.  They're just now openly talking about it...I hope you guys are excited as I am.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
They told us year ago that the black market would have to be killed first and now they keep saying the remaining 5% of the cash payment from imports will be handled by our banks not out in the black market...Thus this will put an end to the black market.  

Silver's Move Will Shock Investors | Michael Oliver

Liberty and Finance:  5-3-2025

Michael Oliver emphasizes that silver is poised for a major breakout after a year of sideways price action and a recent sharp correction.

He describes silver as the "wild child" of the precious metals market, noting its volatility but also its explosive recovery potential. Oliver highlights a strong momentum structure that suggests silver’s pullback is over and a surge is imminent.

He also points to the silver-to-gold ratio being historically low, signaling silver is extremely undervalued relative to gold. Overall, he believes silver is set to outperform and could deliver dramatic gains in the coming months.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Gold & silver pullback

6:00 Stock market

13:50 Gold's 12-18 month review

16:00 Gold/silver ratio

25:30 Bank stocks

28:00 Momentum Structural Analysis

 29:11 Last thoughts

https://www.youtube.com/watch?v=L7zig-8_HxA

News, Rumors and Opinions Saturday 5-3-2025

Something is Unfolding Behind Closed Doors

589bull:  5-3-2025

Something is unfolding. Not in the headlines—but behind closed doors.

Vaults are opening.
Systems are failing.
Players are being exposed.

Behind the scenes:

• A hostile entrance into the Federal Reserve
• An invisible war over the monetary future
• The collapse of a regime that ruled in silence for a century
• And the rise of a system built on truth, speed, and sovereign value

Musk. Ripple. Treasuries. Tokenized power. This is global reckoning.

You’re watching history before it’s public.

CHAPTER ONE: The Vault Coming soon.

Gold Telegraph: BBREAKING NEWS BILLIONAIRE ELON MUSK IS CONSIDERING SENDING HIS GOVERNMENT EFFICIENCY TEAM TO THE FEDERAL RESERVE

Great news. @elonmusk What about the livestream of Fort Knox?

If Ripple really buys out Circle, that’s a serious power move. Not just adding a stablecoin—but absorbing a key piece of the new financial system.

USDC already has regulatory traction. XRP already has the rails. Put them under one roof and you’ve got real-time liquidity, settlement, and compliance handled without touching legacy systems.

No more partnerships. No more waiting.

Ripple’s locking down everything that matters before the switch flips.

XRP isn’t just a token in this scenario. It’s leverage. Strategic as it gets.

Source(s):
https://x.com/589bull10000/status/1918295977414336717
https://x.com/589bull10000/status/1918305522287002057

https://dinarchronicles.com/2025/05/03/589bull-something-is-unfolding-behind-closed-doors/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Bruce  [via Judy Byington]  Everything was triggered to start...Thurs. 1 May...The latest information was that Tier4b (us, the Internet Group) notifications should come out over the weekend, with appointments starting on Tues. 6 May. All exchanges are to be finished by Sat. 31 May 2025.

Frank26  We're looking for the blessing to occur.  I'm looking for it IMO in 2 weeks to 2 months.

Militia Man  If Iraq is going to make an adjustment to her exchange rate it's going to have an impact on her neighbors.  They're going to need to know what's going on.  

Frank26  They are constantly hinting of a new exchange rate but with all sincerity, enough is enough. Release the kraken man!

Central Banks Driving the World into Crisis with G. Edward Griffin

WTFinance:  5-2-2025

On this episode of the WTFinance podcast I have the pleasure of welcoming on G.Edward Griffin.

G.Edward is the author of the “Creature from Jekyll Island”. During our conversation we spoke about the creation of the FED, the goals of the Federal Reserve, concentration of wealth, their true purpose and more. I hope you enjoy!

0:00 – Introduction

 1:48 - Creature from Jekyll Island

 16:50 - Goals of Federal Reserve

 20:37 - Concentration of wealth

22:55 - Inevitable issue?

30:07 - One message to takeaway?

https://www.youtube.com/watch?v=-Uhq_e1o054

Bruce’s Big Call Dinar Intel Thursday Night 5-1-25

Bruce’s Big Call Dinar Intel Thursday Night 5-1-25  

Transcribed By WiserNow Emailed To Recaps

Welcome, everybody to the big call tonight. It's Thursday, May 1st and you're listening to the big call, happy May 1, May Day. That's right, Mayday. Happy, May Day to everyone all over the globe, wherever you're listening. Thank you for tuning in. We're gonna have a wonderful call tonight. I'm looking forward to it, as we always do,

All right, let's go into where we are in the Intel  - I was going to mention something else about well, let me just get into it, and I hope I can remember, but Sue read, as far as a what was really a prayer request was about the idea of the woman had lost her email, we thought, and maybe wasn't sure how she would be notified by email with the 800 numbers, etc.

Let's go over that    Now, when you bought your currency, if you went through a currency dealer or even one of the online vendors of currencies, you had, in most cases, give your name, your email and a ship to address, so they have all that they've captured that they've got emails, from what we understand from all the Zim holders, except, unless you're gifted zim, they may or may not know that you have it. I'm going to bet that they do, maybe in 50% of the cases, if you're gifted zim, they don't know about it. So what I think, for Delseene, you're curious as to how you get notified.

 My point is those emails from all of the vendors, the currency dealers, etc, were forwarded to Wells Fargo, well through the Treasury to Wells Fargo and so Wells Fargo built out an email list where they would send their email notification with the toll free number, which we assume is an 800 number to go out to everybody that they have an email for.

Well, what if they don't have your email, or what if your email changed, or we bought the currency mine sure did - Well, that's where we're here to pick up slack. They asked us on the big call to collect emails from people that want to get the 800 numbers sent out to them.

So we have that when you sign up and register your email on big call universe . You are in the system, you will get an email with the toll free number once we have it. We're also going to put the toll free number on the landing page of big call universe.com when we get it, and Bob will either have it done by Raleigh or someone, and put it out there so it's visible on our landing page of big call universe.com, so those are two ways that you're going to receive it.

 I'm not sure if they I know they wanted me to put it out on the call, but since I don't have it tonight and our next call is not till Tuesday, we may not obviously be able to put it out, other than on the website, out in an email to you, which we will surely do if it goes between now and Tuesday, and I'll just put in the email so so they'll see basically, we'll pick you up if you don't get an email from them, or if I if I understood you right, and Sue. If you're there, you'd tell me, did you lose your wallet and your ID, your photo ID and all that stuff. Did you? Yeah?

Okay, that's Yes. May I also Yeah, just I'm not going to be able people cannot send integrated minds how to get in touch with you, or no questions about this to integrated minds. I just have to make that really clear, because we won't be answering them. That's right, that's right. I just hit the dead, dead letter file.

So now you do need a photo ID, which would be a driver's license or student ID, or government issued ID, or obviously a passport, and there's a new passport card that you can get also that I'm just barely familiar with, but it has an ID picture on it as well.

They want to see that, and they want to know that you have a physical address. They have all of that for most of us, but at the same time, you need to consider you might even need this, but bring a utility bill if you have it that will show that you have a physical address, a place where you live. Utility bill could be natural gas bill could be an electric bill. You can use your cell phone bill any of those three. I might take one or two of those, but they pretty much know who we are.

 It's just that photo ID allows them to say, yeah, that's, that's who you are. We've got you and the KYC to know your customer part of exchange in the very beginning, probably won't take very long at all for them to identify you as you  -- so don't worry about that, but try to get a photo ID. Even if you have to get a replacement driver's license or whatever you had, they'll see have that ready to go.

Let's see, does that answer your question? I think it did. Yeah, okay, yeah. And let's see what else. Let's keep going. Thank you, Sue. Let's keep going with where we are. We have see where are we going to go with this next Okay, there were two major announcements or things that needed to happen by yesterday that did happen, and what those are or were are, one was the

Thank you, Sue. Let's keep going with where we are. We have see where are we going to go with this next Okay, there were two announcements or things that needed to happen by yesterday that did happen, and what those are or were are, one was the thing with Iran, they were trying to come up with creating the type of fuel that could be used in the nuclear device.

They had an above ground destination, and they had a below ground, about 60 feet below ground, and maybe a third one  --  Well, we took those out a few days ago. Might have used the rod of God with one that was 60 feet underground. The particulars. All I know is that that taking out of those installations prompted Iran to say, Okay, you won't fund any more terrorist activity against Israel through Hamas, Israel, etc.

And that was, was the foundation for a peace agreement in the middle east  and that in principle, within place, in principle, I don't know if all the t’s have been crossed and I's been dotted yet, but that was one thing that we were looking for yesterday, and we did get evidence that it had occurred.

The other thing was the agreement that President Trump made with with Zelensky from the Ukraine to begin to look into mining, precious metals, gems, and I think also oil and gas in the Ukraine.

 And then we would have people there, our people there. And I think as a result of that, Russia should also agree with a three day cease fire and hopefully it'll be extended, indefinitely, but that other agreement for us to get in as the United States and have a presence in Ukraine for the purpose of mining precious metals and gems – that kind of thing in Ukraine, was also inked yesterday, those two things  put us in a position where everything should get started for us.

The other thing that had to happen with those two countries were not fully integrated into the quantum financial system. So that had to occur so they could be part of everything moving forward from our new banking system point of view.   I believe they're supposed to be fully integrated by tomorrow night, which is Friday night, that is in process.

Let's see what else is out there now.  Now there have been overtures that suggested that dinar and or Dong exchanges have already started in the Far East, we tried to get confirmation on that through our contact that live there, and we believe that is partially true, but we don't we cannot confirm it yet

 Now watch me after I get off a big call tonight, and a half hour later, I can get it confirmed. But as of right now, its NOT confirmed,   but it looked like yes it may have started. And remember, in the old days, we talked about this coming from East to West, well, guess what?  We are the West  -- East would obviously be the Far East.

So they may have started, and it's working its way to us . The most recent information tells us that everything was triggered to start this global currency reset an RV today, at 2pm Eastern Daylight Time, that everything was started at two o'clock today.

And now, what does that mean for us. I believe what it means is that we are looking to get our notifications for tier 4B the Internet Group and I would say it probably would apply to tier 4A, which is the admirals groups  - those notifications would come out over the weekend – and the very latest update  I’ve heard since then and was that not only   notifications to come out  but exchanges to start by Tuesday morning –

So this could be a very exciting weekend to get our notifications  set our appointments - But personally, I don't know that we'd be able to set appointments before Monday. Don't envision us getting notified maybe Sunday and set appointments on Monday to begin on Tuesday.

 I'm thinking that's the most likely scenario, because you got to really need to have personnel in the redemption center when we call to set appointment, because even though we're using an automated call center initially to make our appointments, the call gets routed to two ways. Gets routed to the redemption center that's based on our zip code that we enter, or they actually give you a different phone number to call to go direct to that redemption center.

Now, I think in most cases, the system is set up to route your call to that redemption center based on the zip code that you enter, letting them know, say what that is closest to you, either where you live or where you're, where you want to do your exchange, those three options you put a put in, and they know that's the redemption center closest to that, that you want to exchange.

So that should answer that question. Now, remember, when you have an appointment  time, my understanding is we'll have 40  minutes to get our exchanges done in that 40 minute period, that appointment period, they don't expect us to go over. Obviously you could finish sooner.

If you have two dinar notes, or you've got three, zim, three dong notes whatever, it won't take that long to count and verify – like 20 seconds  so you'll be moving through the system more quickly, like I mentioned last Tuesday, they have our names printed on your quantum card already and you say, Well, how do they know? They know?

Well, they're making that assumption based on the fact that your zip code because they know roughly where you live.  You will be using xyz location -  The Redemption center, and they'll have your they will have your quantum card already knocked out for you to enter your biometric fingerprint – thumb print  whichever it is, and then put in your new username and password for that quantum card, put your 5 digit pin code in, and then put your email and your email password in so that you can have that's what you need to get online, if you will, with your quantum account.

Your quantum account is a US Treasury account that allows you to keep your money safe, even though it's not only interest, but you can move that money into your bank account, or bank accounts, plural, with that card, that's the only reason, and it's designed so that you do it privately. The bank that you have in your current account, your neighbors don't know. Nobody knows unless you let them watch your transaction, which I highly recommend you don't do - keep it private.

Okay, all right, so we know roughly when we're supposed to start. We also know when we're supposed to end. Because here it is, the first of May, all exchanges should be completed. Centers by the end of May, and redemption centers will be closed on or before the last day of May, which is may 31 Saturday, May 31 so that tells you this is a finite exchange period.

The rates have been populating but they are solid enough on the screens on redemption center screens, plus, really, the currencies are there and what they are now. Banks are not supposed to give bank screen rates. I really could care less about bank screen rates. I care more about redemption center rates, and I know roughly what those are going to be, very, very good.

The least of your worries is the rate, absolutely, if you're a zim holder and you don't have projects any on you, because you should have, you should have a project or multiple projects, that you can present during the consider, in three to five minutes. It used to be five to eight minutes.

Maybe we don't get eight minutes, but you can give them the gist of legal copy that you want to do so they can enter that and have your project information ready, and that way, you know they will try to collaborate if other people have have identical they may try to ask you to collaborate on those, just so we'll have to see how that one goes.

You know, guys, we've been waiting a while for this, and I know it's tried our patience, but I've looked at it like a blessing. I know God chose me for this, to do this, and I think it's really the best 14 years of my time, and I'm happy to have been able to do that and offer that to you. Now, let's see if there's anything else. Yeah, I want to say that it was both our treasury.

I call it dissent from it's probably pronounced essence, but I like the scent. Why the scent and Dr Ben Carson were involved in releasing the trigger for this now, make on autopilot may involve algorithms, but we understand that it has started as of two o'clock this afternoon on this Thursday, the first of May.

And I know bondholders looking at final emails telling them when they can have access to their funds, and hopefully that happens when they get access Monday or Tuesday, I think we're going to end up getting notifications between Sunday and Monday, even though it’s a weekend thing it could be tomorrow, we could get something tomorrow.

And speaking of tomorrow, which is may 2 we did hear from our med bed guy, who's over all the med beds nationally, and really also is involved in international as well. He said to us last Saturday that the med beds would be ready to go starting tomorrow may 2. Now we're not ready for them yet because we haven't exchanged yet, but they'll be ready when we're ready. That's the point.

They're going to be ready for us to get in pretty soon after the more dire need you are, if you're a zim holder, that counts for you, and that way you should be able to get in fairly shortly after your exchange. Okay, I've been told about three days after I exchange, so hopefully that'll be good. I'll get my site back everything else that I need to have done.

All right, so that's pretty much everything I wanted to say, I think tonight,

All right. Well, thanks, everybody. big call universe, all of y'all, all y'all that have been listening to they call for these 14 years. 14 years, that's right. So everybody have a wonderful weekend. Let's see what happens for this first don't forget, Cinco de Mayo de Luis dayco de Mayo.

But enjoy your favorite Mexican restaurant and have a nice Cinco de Mayo which is not a real holiday. Enjoy it, enjoy the festivities -  Maybe that'll be the first opportunity we have to actually celebrate what it is we're receiving. All right, so have a great weekend. You guys, we will see you Tuesday night - maybe for a celebration call , okay?

 All right, everybody. Have a great weekend  

                                                                                                      .

 Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK   Intel begins   57:07

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Bruce’s Big Call Dinar Intel Friday Morning 4-19-25 REPLAY LINK   INTEL ONLY No Transcription

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Bruce’s Big Call Dinar Intel Thursday Night 4-18-25 RECORDING FAIL

Bruce’s Big Call Dinar Intel Tuesday Night 4-15-25 REPLAY LINK   Intel Begins   1:26:50

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Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 REPLAY LINK   Intel Begins   1:09:09

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How Much Inheritance Will Ruin Your Kid?

How Much Inheritance Will Ruin Your Kid?

How Generational Wealth Impacts Productivity And Happiness

Sean Kernan

When my family lived near the Cavalier Country Club in Virginia Beach, we were the token middle-class family in the neighborhood. Many of the houses had hedged bushes, carefully carved into eccentric geometric shapes, and sports cars sitting unashamed in their driveway, announcing their owner’s achievements to all.

And despite this clear class divide, I got along great with the boys around me. Some were only 10, but had fathers that were entirely grey haired, and mothers who looked barely out of high school. I noticed the peculiarity of it but never connected the dots on what these unions meant.

Some of these boys were well-adjusted and great. Others were quite spoiled, and I often wonder what came of them. They were agitated and disobedient in school, often getting into fights on the playground.

Had wealth bestowed a sense of privilege upon them? Did they already feel exempt from the rules and any acts of discipline?

Per the Global Health Report for 2023, the United States has 22.7 million millionaires (38.2% of the global total, with China in second at 10.2%). Many of these people are well past one million and cruising into eight and nine figures of net worth. And it leaves us with an interesting predicament: Many scions of vast fortunes are quite young.

And while this might not be a problem many of you sympathize with, it should nevertheless invoke thought about how your worldly assets should be addressed with your children, or the lack thereof.

How should we think about our inheritance?

Lynn Chen-Zhang’s 8-year-old son came home from school one day and said a student asked him, “Why do you study so hard?”

Classmates were saying his parents were rich, so there was no need to work so hard. Her son was on to something. Their father, Charles Chen-Zhang, owns one of the largest financial advisory firms in the country and was already a known philanthropist.

Realizing these questions were continuing, as classmates knew of their family (mainly through gossiping parents), the Chen-Zhangs decided to sit their children down and have the money talk.

They told their two boys, “We’ll support you both in getting as much education as you’d like, but from then on, you are on your own.” Which translated to zero inheritance.

Whether this was a scare tactic or a true threat, they worked. Both sons are now thriving in their finance careers, independent of their father’s company.

This trend is common. I spoke with a peer, Matthew, who is 49 and runs a successful medium-sized business which he just sold for a substantial sum. He told me, “My children don’t even know how much money I just made. Nor do I intend to let them know.” Of note, he lives a humble life and does not flash his wealth by any means.

But most parents don’t face this severe of a dilemma. The average inheritance in the US is “only” $46,200 per census data, with 85% of inheritances being below $250,000. Which isn’t nothing.

The game changes with the ultra-wealthy

TO READ MORE:  https://www.yahoo.com/lifestyle/story/how-much-inheritance-will-ruin-your-kid-003747274.html