DINARRECAPS8 7/11/26 DINARRECAPS8 7/11/26

Seeds of Wisdom RV and Economics Updates Saturday Morning 7-11-26

Good Morning Dinar Recaps,

BRICS Alternatives to the U.S. Dollar No Longer a “Fantasy,” Says Economist Who Coined BRIC

Growing advances in payment technology and expanding cooperation among BRICS nations are making alternatives to the U.S. dollar increasingly realistic, according to the economist who originally coined the term "BRIC" more than two decades ago.

Good Morning Dinar Recaps,

BRICS Alternatives to the U.S. Dollar No Longer a “Fantasy,” Says Economist Who Coined BRIC

Overview

Jim O'Neill, the economist who coined the term BRIC, says alternative financial systems outside the U.S. dollar are now becoming increasingly feasible.
New payment technologies and cross-border settlement systems are changing how emerging economies conduct international trade.
While the U.S. dollar remains the world's dominant reserve currency, BRICS members continue developing payment infrastructure designed to reduce reliance on dollar-based transactions.

Key Developments

1. Economist Reverses His Earlier View

Jim O'Neill, who introduced the BRIC concept in 2001, said that just 18 months ago he considered the idea of BRICS creating an alternative financial system to be unrealistic. Today, he believes advances in digital payment technology have made such alternatives far more achievable.

2. Payment Technology Is Changing Global Finance

Rather than creating a single BRICS currency, member nations are focusing on cross-border payment systems that connect existing domestic networks. Discussions include initiatives such as BRICS Pay, India's UPI, China's CIPS, Brazil's PIX, and the future use of central bank digital currencies to facilitate international trade outside traditional dollar settlement channels.

3. Dollar Dominance Remains Strong—But Competition Is Growing

O'Neill emphasized that the U.S. dollar remains by far the world's leading reserve and trade currency. However, an increasing number of emerging economies are seeking greater flexibility by settling more trade in local currencies and developing alternative financial infrastructure.

4. BRICS Has Produced Limited Concrete Results—With One Major Exception

Although BRICS has become an increasingly influential geopolitical grouping, O'Neill noted that its practical achievements have been limited. He identified the creation of the New Development Bank as the group's most significant institutional accomplishment to date.

5. Expansion Is Giving BRICS Greater Global Influence

The expansion of BRICS+ has significantly increased the group's global reach, bringing together a larger share of the world's population, trade, and economic output. As membership grows, interest in alternative payment systems and financial cooperation continues to expand.

Why It Matters

Global finance is gradually becoming more diversified. While the U.S. dollar remains the dominant reserve currency, the continued development of alternative payment networks could reshape how international trade is settled over the coming decade.

Why It Matters to Foreign Currency Holders

Currency holders should closely monitor the evolution of international payment systems rather than focusing solely on the possibility of a new reserve currency. Expanding use of local currencies, digital payment rails, and cross-border settlement platforms could gradually influence global capital flows, reserve management, and foreign exchange markets.

Implications for the Global Reset

Pillar 2 – Trade

Growing adoption of alternative payment systems could allow more international trade to be settled outside traditional dollar-based networks, increasing financial flexibility for participating nations.

Pillar 3 – Assets

As countries diversify reserve holdings and settlement mechanisms, gold, local currencies, and other reserve assets may continue playing a larger role alongside the U.S. dollar.

Pillar 4 – Technology

Advances in digital payment infrastructure, blockchain technology, and modern settlement systems are making faster and more efficient cross-border transactions increasingly possible.

This is not simply about replacing the U.S. dollar—it reflects the steady modernization of global payment infrastructure as countries build additional options for international trade and financial settlement.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

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🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different: • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

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DINARRECAPS8 7/11/26 DINARRECAPS8 7/11/26

Here’s An Inflation Hedge: Go Where Your Money Buys More

Notes From the Field By James Hickman (Simon Black / Sovereign Man} July 7, 2026

[Editor’s note: This letter was written by Schiff Sovereign’s CEO, Viktorija]

Picture the kind of life that, in the West, only the genuinely rich can afford: a full-time housekeeper who cooks and cleans, a concierge doctor you text with directly whenever you need, dinner out with friends several times each week without even thinking about splitting the bill, and a modern condo with pool, gym, and security.

Here’s An Inflation Hedge: Go Where Your Money Buys More

Notes From the Field By James Hickman (Simon Black / Sovereign Man} July 7, 2026

[Editor’s note: This letter was written by Schiff Sovereign’s CEO, Viktorija]

That would easily run $20,000+ per month in the US. The live-in help alone puts it out of reach for most people.

But in Cebu, a coastal city in the Philippines, all of that costs about $3,000 a month.

An ordinary Western middle-class income (even lower middle class) unlocks a lifestyle that looks posh back home.

But cheap is not what makes the Philippines interesting. Plenty of places are cheap. What sets it apart is that it may be the easiest place in Asia for a Westerner to actually live.

Start with the language. English is not a tourist-zone courtesy in the Philippines; it is an official language, used in government, courts, contracts, banks, hospitals, universities, and street signage. Your doctor speaks English. Your lawyer drafts documents in English.

No other major Asian country comes close, and for a retiree or a family building a second base, that changes everything about daily life.

Then there is the familiarity. Spain ruled the islands for more than three centuries and left behind Catholicism, Spanish surnames, town plazas, and a warm, family-centered social culture that feels closer to Latin America than to the rest of Asia.

Then the Americans took over; the Philippines was US territory from 1898 until independence in 1946, which left behind English-language schools, American-style institutions, basketball, and a general comfort with Westerners you will not find in Japan or China.

You can walk through Cebu and pass a Catholic church, a US-style mall, a fresh seafood market, and a group of schoolkids chatting in English, all in the same afternoon.

A comfortable two-bedroom condo in Cebu runs around $450/month.

A couple can live well on $2,500 to $3,500 a month, while retired couples in smaller cities often do it on just $2,000. A private doctor visit costs $10 to $25, a dental cleaning $15 to $30.

The tax picture is friendlier than most people expect too. Foreigners who become Philippine tax residents are generally taxed only on income earned inside the Philippines. A British retiree on a UK pension or a Canadian drawing retirement income will likely owe the Philippines nothing.

The same is true for Americans; the Philippines will not touch their income earned outside of the Philippines. The catch for Americans, of course, is that Uncle Sam taxes citizens on their worldwide income wherever they live.

(Those with earned income can use the Foreign Earned Income Exclusion to shield the first $132,900 of it, but the US tax and reporting obligations follow you regardless.)

What turns all of this from a pleasant vacation into a real Plan B is the residency, which is genuinely easy to get and even easier to keep.

The Philippines' famous retirement visa has been running since 1985, and despite the name you do not need a pension or to be retired; anyone 40 or older can qualify by placing a refundable deposit in a Philippine bank.

There is no minimum stay requirement at all, so you can hold the residency for life while living somewhere else entirely, visiting when you like, and paying a modest annual fee to keep it current.

To be clear, the Philippines has real trade-offs. Foreigners can own condominium units but can never own land directly. Infrastructure outside the main hubs is uneven, typhoons are a fact of life, and the bureaucracy moves at island speed.

And the Philippine passport is weak enough that citizenship is not worth chasing; this is a residency play, not a passport play.

But that is exactly what a Plan B is. It does not require you to move anywhere; it requires securing the legal right to live somewhere you would actually enjoy, before you need it.

In case the comfortable Western life continues drifting out of reach, with housing, healthcare, and help all rising faster than anyone can comprehend, it makes sense to consider potential options abroad.

On the other side of the world, a great life figures in to a below-average Western income, in English, with no winter.

Our flagship service, Plan B Confidential, just published a full report on the Philippines for members: where expats actually live (and the one region to approach with eyes open), realistic budgets, the healthcare and insurance setup, the tax rules for remote workers, the exact deposit tiers for the retirement visa, and what you can and cannot do with the deposit.

The Philippines is one option among many. Plan B Confidential's research covers residency and citizenship pathways, offshore banking, and legal tax strategies across more than 120 countries, so you can shortlist the handful of places actually worth your time from your couch, before spending any real money on the ground.

To your freedom, Viktorija CEO, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/heres-an-inflation-hedge-go-where-your-money-buys-more-155436/?inf_contact_key=369db19ffd8b19bd88cc19cd532a9ccc56374244ed3079802af78ca168e4c2a0

Dinar Recaps 20 7/10/26 Dinar Recaps 20 7/10/26

Could a US Gold Backed Bond Reshape the Dollar’s Future?

Could a US Gold Backed Bond Reshape the Dollar’s Future?

Kinesis Money: 7-10-2026

In an era defined by record-breaking national debt and fluctuating global confidence in the greenback, the conversation surrounding “sound money” has returned to the forefront of economic debate.

A recent featured video from Kinesis Money, hosted by Rob Kientz of The Freedom Report, dives deep into a provocative proposal: the issuance of a gold-backed U.S. bond, often referred to as a Treasury Trusted Bond (TTB).

Could a US Gold Backed Bond Reshape the Dollar’s Future?

Kinesis Money: 7-10-2026

While the idea of returning to a gold standard—even partially—appeals to many advocates of fiscal discipline, the practical realities of such a move are far more complex. Here is an analysis of the proposal, the mathematical hurdles, and what it means for the future of the U.S. dollar.

The core of this discussion centers on the work of Dr. Judy Shelton, a well known economist and former advisor. Shelton advocates for the U.S. Treasury to issue a limited number of bonds that are redeemable either in their dollar value or in a specific amount of gold.

While Rob Kientz acknowledges the intellectual appeal of Shelton’s proposal, he highlights a staggering obstacle: the sheer scale of the U.S. national debt.

Currently, the U.S. holds the world’s largest official gold reserves (approximately 8,133 tonnes). However, when valued at current market prices, this gold represents only a tiny fraction of the $34+ trillion national debt.

Kientz argues that the “math simply doesn’t work.” For the U.S. to fully back its obligations with gold, the price of the precious metal would need to skyrocket to levels that would likely cause systemic shocks, or the government would need to implement drastic spending cuts that are currently politically unfeasible.

One of the most compelling points raised in the video is the issue of timing. Introducing a gold-backed bond now might actually backfire. Kientz suggests that instead of restoring trust, it could signal to the world that the U.S. is “desperate” to shore up the dollar.

In a climate where BRICS nations (Brazil, Russia, India, China, and South Africa) are already exploring alternatives to the dollar, a move toward gold-backed bonds might accelerate “de-dollarization.” If foreign nations perceive the U.S. gold reserves as insufficient to cover the new bonds, they may choose to dump their existing Treasury holdings even faster, favoring physical gold or other emerging reserve currencies.

Since 2011, global central banks have been purchasing gold at record rates, suggesting that the move away from a purely fiat-based system is already underway.

Despite his skepticism regarding the immediate success of a gold-backed bond system, Kientz notes that Dr. Shelton’s proposal serves an important educational purpose. It forces lawmakers to confront the consequences of modern monetary policy and provides a framework for what “sound money” actually looks like.

However, the conclusion remains sobering: the U.S. likely does not hold enough gold relative to its massive liabilities to make this a viable “quick fix” for the current debt crisis.

If the government cannot easily pivot to a gold-backed system to save the currency, the responsibility for wealth preservation falls on the individual. Kientz concludes that while the TTB is a fascinating concept for national policy, individual investors should look toward securing their own wealth independently.

By holding physical gold and silver, individuals can create their own “personal gold standard,” protecting their purchasing power from the risks of inflation and fiscal instability.

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

Dinar Recaps 20 7/10/26 Dinar Recaps 20 7/10/26

Gold's BIG Reset May Still Be Coming | Andy Schechtman

Gold's BIG Reset May Still Be Coming | Andy Schechtman

Liberty and Finance: 7-10-2026

Despite falling gold and silver prices, Andy Schechtman says physical demand continues to surge as record COMEX deliveries and metal withdrawals paint a very different picture beneath the surface.

He explains why tokenized precious metals, gold-backed Treasury bonds, and the migration toward physical settlement could reshape the global monetary system.

Gold's BIG Reset May Still Be Coming | Andy Schechtman

Liberty and Finance: 7-10-2026

Despite falling gold and silver prices, Andy Schechtman says physical demand continues to surge as record COMEX deliveries and metal withdrawals paint a very different picture beneath the surface.

He explains why tokenized precious metals, gold-backed Treasury bonds, and the migration toward physical settlement could reshape the global monetary system.

Andy also shares what he's hearing at the Rule Symposium, why retail premiums may soon rise again, and why he believes the second half of the year could look dramatically different for precious metals investors.

INTERVIEW TIMELINE:

0:00 Intro

1:38 Silver pullback

5:30 Gold-backed treasury update

15:22 Tokenization of gold

19:00 Rule Symposium

20:50 Rising premiums

https://www.youtube.com/watch?v=63IBPeCWLXA

DINARRECAPS8 7/10/26 DINARRECAPS8 7/10/26

Seeds of Wisdom RV and Economics Updates Friday Afternoon 7-10-26

Good Afternoon Dinar Recaps,

NATO Commits to Historic Defense Expansion as Alliance Shifts Into Long-Term Rearmament

The NATO Summit concluded with the alliance committing to significantly higher defense investment, expanded military production, and major new procurement agreements—moves that could reshape government spending, industrial investment, and global economic priorities for years to come.

Good Afternoon Dinar Recaps,

NATO Commits to Historic Defense Expansion as Alliance Shifts Into Long-Term Rearmament

Overview

NATO leaders reaffirmed their commitment to increase defense spending toward 5% of GDP by 2035, marking one of the alliance's largest long-term investment plans.
More than €50 billion in new defense procurement agreements were announced alongside expanded industrial production and innovation initiatives.
The commitments signal a structural shift toward long-term military investment, with implications extending beyond security into government budgets, manufacturing, supply chains, and global capital flows.

Key Developments

1. NATO Accelerates Defense Spending Commitments

Alliance members reaffirmed plans to move toward spending 5% of GDP on defense and security by 2035, with Secretary General Mark Rutte stating that NATO's focus has shifted from setting targets to delivering measurable results. European allies and Canada are assuming a greater share of collective defense responsibilities.

2. More Than €50 Billion in Defense Contracts Announced

Governments and defense companies unveiled over €50 billion in procurement agreements during the NATO Defence Industry Forum. The investments include missile systems, drones, military equipment, and expanded production capacity intended to strengthen the alliance's long-term readiness.

3. Defense Manufacturing Enters a New Growth Cycle

NATO leaders emphasized accelerating defense industrial production by expanding manufacturing capacity, investing in innovation, and reducing production bottlenecks. New initiatives include large investments in unmanned systems and military logistics infrastructure.

4. Infrastructure Spending Expands Beyond Weapons

The alliance also approved major investments to modernize military fuel storage, pipelines, and distribution systems across Europe. These infrastructure projects are designed to improve long-term operational readiness while strengthening supply resilience.

5. Economic Priorities Continue to Shift

The summit underscored that geopolitical risks are increasingly influencing fiscal policy. Governments are redirecting greater portions of national budgets toward defense, potentially affecting future borrowing, industrial policy, and public spending priorities.

Why It Matters

Defense spending has become an increasingly important driver of fiscal policy and industrial investment. Large-scale military procurement requires long-term government financing, expands manufacturing demand, and influences supply chains across multiple sectors of the global economy.

Why It Matters to Foreign Currency Holders

Higher government spending and increased sovereign borrowing can influence inflation, interest rates, and currency valuations. Long-term defense investments may also accelerate industrial growth while affecting capital flows and fiscal balances across NATO member nations.

Implications for the Global Reset

Pillar 1 – Debt

Growing defense commitments will likely require substantial long-term government borrowing, increasing pressure on public finances while reshaping fiscal priorities across advanced economies.

Pillar 2 – Trade

Expanded military production and procurement will strengthen manufacturing, industrial supply chains, and cross-border defense cooperation, creating new trade and investment flows among allied nations.

This is not just about defense—it reflects a long-term shift in government spending, industrial production, and strategic investment that could influence the direction of the global economy for years to come.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Dinar Recaps 20 7/10/26 Dinar Recaps 20 7/10/26

News, Rumors and Opinions Friday 7-10-2026

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.

Majeed KSA: What Comes After Iraq’s PM Visit to Washington

7-10-2026

Read this carefully to the end.

Very important, very important…… and real change will begin.

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.

Majeed KSA: What Comes After Iraq’s PM Visit to Washington

7-10-2026

Read this carefully to the end.

Very important, very important…… and real change will begin.

Prime Minister Ali Al-Zaidi will head to the United States on next Monday, July 13, at the head of a large government delegation and a delegation of prominent businessmen, in an official visit lasting 6 days.

• During the visit, he will meet with U.S. President Donald Trump.. and pay attention to how Al-Zaidi will be received at the White House by Trump..

• He will also participate in a summit meeting that includes Saudi Arabia, the UAE, Syria, and Turkey.

• The visit will include holding meetings with senior security and military officials…. and side meetings for the accompanying ministers with their American counterparts, and businessmen with economic councils and investment companies.

• A series of major agreements will be signed in the fields of energy and the economy…. and the rest goes without saying…. and I return to say… before the visit will not resemble what comes after it.

Source(s):
• https://x.com/majeed66224499/status/2075430703169224994

https://dinarchronicles.com/2026/07/10/majeed-ksa-what-comes-after-iraqs-pm-visit-to-washington/

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

Frank26 My teams are focused on one thing, and that is to start to watch the value of the Iraq dinar climb...while the market rate is destroyed after July 10th. I find that very exciting. We are going to be able to see the evidence of the shadows that we have been seeing or a long time.

Harlequinc3 I believe we are talking about a managed float, not a free float until all those old 3 0 notes are dried up. The CBI will control the range of motion the dinar has.

Mnt Goat ...we don’t control the reinstatement...we all should know by now that the Iraqi dinar is being artificially suppressed and its real value, if it were to be restated to FOREX today, would be/should be much higher than 1/6 of a penny...we can see that a new Iraq is on the horizon. No, not decades or years from now. So, we have to wait a bit longer but the inevitable will happen and it has to happen.

Jeff PMZ's trip to DC...we have three different time frames being mentioned. The Majority of the articles have suggested mid-July...A couple have said July 15th, a couple have said July 17th...I don't think PMZ is going to DC specifically next week...I think PMZ is going to DC more the week of July 19th....maybe around 21st, 22nd, 23rd...I think everything is pushed back one week.

Alasdair Macleod: First Phase of China's Currency Reset Started

7-9-2026

In this episode of the Macroscopic Podcast, Alexej Jordanov speaks with Alasdair Macleod about China’s new gold clearing system in Hong Kong, the shift of physical gold and silver from West to East, and why Beijing may be preparing for a future without the U.S. dollar.

Macleod explains why China is accumulating gold, silver, copper and other strategic commodities, how the Shanghai Gold Exchange and new vaulting infrastructure could support a yuan-gold settlement system, and why he believes Western paper gold markets like COMEX and London are vulnerable as physical demand moves east.

The conversation also covers the possibility of Russia putting the ruble on a gold standard, the future of the dollar, the silver squeeze, China’s role in global commodity markets, and what investors should consider when storing physical gold and silver outside the banking system.

https://www.youtube.com/watch?v=2nmLGVnTC_4

DINARRECAPS8 7/10/26 DINARRECAPS8 7/10/26

Iraq Economic News and Points To Ponder Friday Morning 7-10-26

Israel Warns US Of Alleged Iranian Assassination Plot Targeting Trump

2026-07-10 02:59 Shafaq News- Washington Israel has shared intelligence with the United States indicating that Iran is preparing a new plot to assassinate US President Donald Trump, The Wall Street Journal reported on Thursday.

The report did not specify when or through which channel the intelligence was passed to Washington, nor did it disclose further details about the alleged plot.

Israel Warns US Of Alleged Iranian Assassination Plot Targeting Trump

The report did not specify when or through which channel the intelligence was passed to Washington, nor did it disclose further details about the alleged plot.

According to the newspaper, calls for Trump's assassination resurfaced during funeral ceremonies for Iran's late Supreme Leader Ayatollah Ali Khamenei, who was killed in US-Israeli strikes on Iran in late February.

Trump has survived several assassination attempts or alleged plots over the past two years. He was wounded in the ear during a shooting at a campaign rally in Pennsylvania on July 13, 2024, while another suspected attempt was foiled at his golf club in Florida on Sept. 15, 2024.

Most recently, US Secret Service agents arrested a suspect before an armed attack could target the White House Correspondents' Association dinner on April 25, an event attended by Trump and senior members of his administration.

https://www.shafaq.com/en/World/Israel-warns-US-of-alleged-Iranian-assassination-plot-targeting-Trump

Oil Advances As Middle East Tensions Support Prices

2026-07-10 03:37 Shafaq News Oil prices edged higher on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed fighting between the U.S. and Iran this week curtailed shipping in the Strait of ‌Hormuz.

Brent futures were up 4 cents, or 0.05%, at $76.34 a barrel by 0319 GMT. U.S. West Texas Intermediate (WTI) crude gained 7 cents, or 0.10%, to $72.15.

For the week, Brent was set for a gain of about 6% and WTI was headed for about a 5% increase.

"Prices have backed off the mid-week highs, but there is still a substantial risk premium as Hormuz transits are back to a near-standstill with no ⁠clear signs on when normal reopening might resume," said Vandana Hari, founder of oil market analysis provider Vanda Insights.

"However, it looks like market confidence in the U.S. and Iran returning to diplomacy to resolve the issue is capping the upside," Hari added.

Iranian armed forces launched attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on Iran's southern coastal and eastern provinces, further straining a three-week-old ceasefire. Separately, Iranian media reported multiple explosions across southern Iran, including Bushehr, where one of the country's nuclear plants is located.

The renewed fighting came the day that Iran buried its slain supreme leader, Ayatollah Ali Khamenei, the culmination of a ‌week of ⁠mass funeral processions and rallies. Khamenei was killed on the first day of the war on February 28.

The renewed fighting has delayed the full reopening of the Strait of Hormuz, which carried about 20% of daily global oil and gas supplies before the war.

Tanker traffic through the strait on Thursday was at a near standstill, according to ship-tracking data, as ⁠vessel owners assessed the risk from the latest strikes, which started after Iran hit a Qatari LNG ship exiting the waterway near Oman.

Still, U.S. President Donald Trump said on Wednesday he did not think the war would restart because of ⁠the new fighting and that "anything that happens is going to be over very quickly."

"Despite the U.S. ramping up attacks on military sites in Iran, the market drew some reassurance from the Trump administration’s decision to avoid ⁠targeting Iranian energy infrastructure," said Daniel Hynes, senior commodity strategist for ANZ bank.

"This was aided by comments from President Trump, who said he doesn’t expect a return to a full-scale conflict."

(REUTERS) https://www.shafaq.com/en/Economy/Oil-advances-as-Middle-East-tensions-support-prices

Gold Slips On Inflation Fears Tied To US-Iran Conflict

2026-07-10 01:16 Shafaq News Gold edged lower on Friday and was on track for a weekly fall on ‌concerns that escalating U.S.-Iran tensions could fuel inflation and keep the Federal Reserve on a hawkish monetary policy path.

Spot gold fell 0.2% to $4,113.29 per ounce by 0426 GMT and was headed for a 1.5% weekly decline. U.S. gold futures for August delivery fell 0.4% to $4,122.70.

"Gold is in consolidation mode today following yesterday's gains, with traders hesitant ⁠to commit to further upside amid the prevailing uncertainty over US-Iran relations," said Tim Waterer, chief market analyst at KCM Trade.

Oil prices were on track for a weekly gain as the U.S. and Iran continued to trade strikes, with Iranian armed forces launching attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on Iran's southern coastal and eastern provinces.

The latest round of strikes has fuelled inflation concerns and reinforced the probability of the Fed raising rates this year.

Markets are pricing in a 63% chance of a September ‌rate ⁠hike, up from around 54% a week earlier, according to CME's FedWatch tool.

While gold is typically seen as a hedge against inflation, it loses its appeal as a non-yielding asset in a high-interest-rate environment.

"I expect gold will continue to attract buyers on dips as long as oil stays around current ⁠levels. However, any sharp spike in oil could reignite inflation and interest rate fears, which would be to gold's detriment," Waterer said.

Minutes of the Fed's June meeting, released earlier this week, showed growing ⁠concerns among policymakers about elevated inflation.

HSBC cut its average gold price forecasts for 2026 and 2027 on Thursday, citing a hawkish shift in U.S. monetary policy expectations and a stronger ⁠dollar.

Elsewhere, spot silver rose 0.6% to $60.34 per ounce, platinum gained 1.4% to $1,632.16 and palladium climbed 1.6% to $1,267.71. All three metals were on track for a weekly loss.

(REUTERS) https://www.shafaq.com/en/Economy/Gold-slips-on-inflation-fears-tied-to-US-Iran-conflict

Ports: Port Of Umm Qasr Initiates Transit Procedures For UAE Aid To Lebanon With Transit System

Money and business Economy News — Baghdad The Border Ports Authority announced on Friday the completion of the necessary procedures for the transit of trucks loaded with food coming from the United Arab Emirates to Lebanon through Iraqi territory with the transit system.

A spokesman for the Border Ports Authority, Aladdin Al-Qaisi, said that "in implementation of the directives of Prime Minister Ali Faleh Al-Zaidi and under the supervision of the head of the Border Ports Authority, Lieutenant General Omar Al-Waeli, the Directorate of the northern port of Umm Qasr has begun to complete all the necessary procedures for the passage of trucks loaded with food as humanitarian aid from the United Arab Emirates to the Republic of Lebanon."

He added that "the passage of these trucks is in accordance with the transit system through Iraqi territory to the Lebanese territory." https://www.economy-news.net/content.php?id=71176

Gold Is Heading For A Weekly Decline Amid Expectations Of A US Interest Rate Hike

Money and business Economy News - Follow-up Gold prices were little changed at the start of trading on Friday, as markets assessed the inflation risk caused by the latest military escalation between the United States and Iran and renewed expectations of a rise in interest rates prompted the metal that does not generate a return towards a weekly decline.

By 00:47 GMT, the spot price of gold had stabilized at $4122.09 an ounce, heading for a weekly loss of more than 1%. U.S. gold futures for August delivery fell 0.2 percent to $4,131.50.

Iran’s armed forces launched attacks on U.S. military infrastructure in Gulf countries on Thursday following U.S. strikes on coastal areas in southern and eastern Iran, putting more pressure on the ceasefire that was reached three weeks ago.

The latest round of strikes has fueled concerns about inflation and reinforced the prospect of the Federal Reserve raising U.S. interest rates this year.

According to C.C.'s Fed Watch tool. M. The markets see a 64% chance of a rate hike in September, compared to 54% a week ago.

The minutes of the Federal Reserve’s June meeting showed growing concerns among monetary policymakers about rising inflation, with a few saying interest rate hikes were warranted.

John Williams, chairman of the Federal Reserve Bank of New York, ruled out a sustained rise in energy prices for the rest of the year despite renewed hostilities in the Middle East.

The number of Americans filing for unemployment benefits fell last week, suggesting the labor market remained stable despite slowing job growth in June.

For other precious metals, spot silver fell 0.1% to $59.94 an ounce, platinum rose 0.2% to $1,614.22, and palladium rose 0.4% to $1,252.75. The three metals are heading for a weekly loss https://www.economy-news.net/content.php?id=71179

DINARRECAPS8 7/10/26 DINARRECAPS8 7/10/26

Seeds of Wisdom RV and Economics Updates Friday Morning 7-10-26

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Fed Communication Review Signals Next Phase of Global Monetary Policy

The Federal Reserve's review of how it communicates future monetary policy, combined with support from the International Monetary Fund, highlights a growing shift in how central banks intend to guide markets during a period of elevated global uncertainty.

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Fed Communication Review Signals Next Phase of Global Monetary Policy

Overview

The International Monetary Fund announced it will work with the Federal Reserve as the Fed reviews its monetary policy communications and forward guidance.
The review reflects a changing economic environment, where higher inflation and interest rates require central banks to reconsider how they communicate future policy decisions.
Financial markets are closely watching the outcome, as changes in Fed communication could influence interest rates, bond markets, currencies, and global capital flows.

Key Developments

1. IMF Backs Federal Reserve Policy Review

The International Monetary Fund said it looks forward to engaging with the Federal Reserve as officials evaluate how they communicate monetary policy. IMF officials noted that while forward guidance proved highly effective during years of near-zero interest rates, today's economic environment calls for a reassessment of that strategy.

2. Federal Reserve Reassesses Forward Guidance

The Federal Reserve plans to establish a task force to review how it signals future policy decisions. The objective is to improve transparency while ensuring communications remain effective during periods of persistent inflation and elevated interest rates.

3. Higher Inflation Has Changed the Policy Landscape

Unlike the years following the 2008 financial crisis, today's economy faces ongoing inflation pressures fueled by higher energy prices, geopolitical risks, and supply chain disruptions. These conditions make future policy decisions less predictable and require greater flexibility from central banks.

4. Markets Depend on Central Bank Communication

Investors rely heavily on Federal Reserve guidance when pricing stocks, bonds, currencies, and commodities. Even subtle changes in how policymakers communicate can influence borrowing costs, investment decisions, and financial market volatility worldwide.

5. Global Central Banks Continue Modernizing Policy Frameworks

The IMF indicated that many central banks are reviewing how they communicate with financial markets as economic conditions evolve. The effort reflects a broader modernization of global monetary policy during a period of increasing geopolitical and financial uncertainty.

Why It Matters

Clear communication from central banks is essential for financial stability. As inflation, geopolitical tensions, and economic uncertainty continue to reshape global markets, the way central banks communicate policy may become just as important as the policy decisions themselves.

Why It Matters to Foreign Currency Holders

Foreign currency holders should closely monitor changes in Federal Reserve policy communications. Expectations regarding interest rates directly affect exchange rates, capital flows, sovereign debt markets, and investor confidence around the world.

Implications for the Global Reset

Pillar 1 – Debt

Changes in Federal Reserve communication can significantly influence global borrowing costs, government debt financing, and capital markets, affecting both developed and emerging economies.

Pillar 4 – Technology

Modern central banking increasingly relies on advanced data analysis, digital communications, and more transparent policy frameworks to improve market stability and investor confidence.

This is not just about how the Federal Reserve communicates—it reflects the continuing evolution of global monetary policy as central banks adapt to a more complex and interconnected financial system.

Seeds of Wisdom Team
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Sources

Reuters – IMF looks forward to engaging with Fed on its review of communications and forward guidance
International Monetary Fund –July 2026 World Economic Outlook Update: Global Economy in Crosscurrents of War and Technology

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DINARRECAPS8 7/9/26 DINARRECAPS8 7/9/26

Iraq Economic News and Points To Ponder Thursday Evening 7-9-26

IMF Sees Iraq Contraction Before 2027 Rebound

2026-07-09 11:04 Shafaq News- Baghdad Middle East and Central Asia growth is projected to fall to 0.7% in 2026 before rebounding to 6.5% in 2027, with Iraq among the commodity producers expected to contract sharply this year, the International Monetary Fund said.

In its July World Economic Outlook update, the IMF grouped Iraq with Kuwait and Qatar as the producers most affected by disruptions to energy output and transport, linking the downturn to a longer closure of the Strait of Hormuz than it assumed in April.

IMF Sees Iraq Contraction Before 2027 Rebound

The Fund cut this year’s regional forecast by 1.2 percentage points and raised next year’s by 1.9 points, reflecting a deeper short-term hit and a larger expected rebound.

Saudi Arabia is expected to be less affected because of more diversified export routes, with growth projected at 1.7% in 2026 and 5.5% in 2027.

Globally, the IMF projected growth at 3.0% in 2026 and 3.4% in 2027, saying the outlook remains uneven and exposed to developments in the Middle East. https://www.shafaq.com/en/Economy/IMF-sees-Iraq-contraction-before-2027-rebound

Iraq detains Rafidain Bank officials over $1.22M fraud

2026-07-09 17:08 Shafaq News- Al-Diwaniyah A joint force from Iraq's Federal Commission of Integrity and a SWAT unit arrested several Rafidain Bank officials in the southern province of Al-Diwaniyah on Thursday over a suspected currency manipulation operation that authorities believe resulted in the embezzlement of about 1.6 billion Iraqi dinars ($1.22M), a source told Shafaq News.

The investigation uncovered the fraudulent replacement of banknotes originally denominated at 50,000 Iraqi dinars ($38.15) with 1,000-dinar notes, enabling the theft.

Authorities are continuing efforts to identify all those involved and recover the stolen funds.

https://www.shafaq.com/en/Economy/Iraq-detains-Rafidain-Bank-officials-over-1-22M-fraud

Iraq Signs Hamrin Oil Field Development Deal With US Firm

2026-07-09 08:16 Shafaq News- Baghdad Iraq’s state-owned North Oil Company (NOC) signed a contract on Thursday with US-based HKN Energy to develop the Hamrin oil field spanning Kirkuk and Saladin provinces, with peak crude production projected at 140,000 barrels.

Oil Minister Basim Mohammed Khudair Al-Abadi said the agreement supports the government’s strategy to maximize investment in the country’s oil and gas resources, meet domestic energy demand, and increase exports, noting that the project is also expected to produce 40 million cubic feet of associated gas per day (MMcf/d), which will supply the field’s operational needs, while surplus volumes will be reinjected to maintain reservoir pressure instead of being flared.

Al-Abadi also stressed the government’s efforts to attract major international energy companies, particularly from the United States and Europe, under internationally recognized standards. The project, he added, would generate jobs for Iraqi workers and create opportunities for local companies.

“The Ministry will provide support to the company, and signing the contract is a message to all international companies that the domestic investment environment is an attractive environment for investment.”

Hamrin is one of northern Iraq’s largest undeveloped oil fields. The Oil Ministry signed a memorandum of understanding with HKN Energy in mid-2025 to develop the field, initially targeting production of about 60,000 barrels per day while capturing associated gas for power generation.

https://www.shafaq.com/en/Economy/Iraq-signs-Hamrin-oil-field-development-deal-with-US-firm

Basrah Crudes Rise Following US Strikes On Iran

2026-07-09 02:30 Shafaq News- Basrah Iraq's Basrah crude rose more than 8% on Thursday, tracking gains in global oil prices after US strikes on Iran, according to oil price data reviewed by Shafaq News.

Basrah Heavy crude rose 8.49% to $49.22 per barrel, while Basrah Medium crude gained 8.11% to $51.32 per barrel.

Brent crude futures rose 86 cents, or 1.1%, to $78.88 a barrel by 0352 GMT, while US West Texas Intermediate crude futures gained 85 cents, or 1.2%, to $74.37 a barrel.

OPEC's basket also rose to $72.36 per barrel, while UAE's Murban crude gained 6.67% to $73.57 per barrel.

https://www.shafaq.com/en/Economy/Basrah-crudes-rise-following-US-strikes-on-Iran

Iran: US Attack Targeted Strategic Bridge Within Trade Route With China

Arab and International Economy News - Follow-up Iran’s Fars news agency reported on Thursday that nighttime U.S. attacks targeted a railway bridge in northern Iran, damaging an important trade link with China and Russia.

The agency said that this route, which passes through Turkmenistan and Kazakhstan, is an important land route to China, and its importance increased during the US blockade imposed this year on Iran's ports in the Gulf, while the agency "Maher" that the volume of Chinese shipments through this route has been increased three times.

According to Iranian agencies, Russia has also been using this route to transport goods to Iran since ⁠Late 2025.

The agency pointed out that "it is expected that the repairs of the bridge will be completed quickly.

Earlier today, the Iranian Revolutionary Guards confirmed that the United States launched a cruise missile attack this morning on the railway bridge "Ak Tiki Khan", a strategic part of the China-Turkmenistan-Iran railway corridor, located in the Akkala region of the northern border province of Golstan. The Revolutionary Guards vowed an "overwhelming" response to the attack.

Local authorities said the attack did not result in any injuries https://www.economy-news.net/content.php?id=71175

Revolutionary Guards Navy: Any US Intervention In Determining The Course Of Navigation In Hormuz Will Be Met With A "Decisive Response"

Arab and InternationalEconomy News - Follow-up Iran’s Revolutionary Guards Navy on Thursday threatened a “decisive response” if the United States intervened to determine the routes in the Strait of Hormuz.

The Navy said in a statement: The adventures of the US military will present the interests of the countries benefiting from the Strait of Hormuz to serious danger, and will seriously impede the gradual reopening of the Strait of Hormuz.

“Foreigners have no interest in the Strait of Hormuz

Iranian media reported on Thursday that explosions were heard in the coastal areas in the south of the country, while the Jordanian armed forces announced the response to Iranian missiles, while the Israeli authorities decided to close the airports after detecting air threats.

Iran's Mehr news agency said the explosions were in the territorial waters off the city of Bandar Abbas, and air defenses had been activated in the city.

Iranian state television reported the fall of a U.S. missile that targeted the vicinity of the Bushehr nuclear plant.

In addition, the Jordanian armed forces announced the shooting down of 8 missiles fired from Iran towards the Kingdom, stressing the readiness of its forces to deal with any threat to the country.

In turn, the Israeli authorities decided to close the airports after air threats were detected, and rockets penetrated Jordanian airspace adjacent to Israel https://www.economy-news.net/content.php?id=71173

DINARRECAPS8 7/9/26 DINARRECAPS8 7/9/26

Seeds of Wisdom RV and Economics Updates Thursday Evening 7-9-26

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BIS Says Tokenization Is the Future of Global Finance as Stablecoin Risks Grow

The Bank for International Settlements (BIS) is calling for a new generation of global financial infrastructure built around tokenization while warning that today's stablecoins, in their current form, are not suitable as the foundation of the future monetary system.

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BIS Says Tokenization Is the Future of Global Finance as Stablecoin Risks Grow

Overview

The BIS says tokenization could transform payments, securities settlement, and cross-border finance while preserving trust in money.
The report warns that current stablecoin models contain structural weaknesses that could threaten financial stability if widely adopted.
Central banks and commercial banks are being encouraged to modernize the existing financial system rather than replace it, accelerating the shift toward programmable digital finance.

Key Developments

1. BIS Endorses Tokenized Financial Infrastructure

The BIS concluded that tokenization represents one of the most significant technological advances in modern finance. Rather than creating an entirely new monetary system, the organization recommends integrating tokenized assets and programmable payments into today's regulated banking framework.

2. Stablecoins Face Increased Global Scrutiny

While acknowledging that stablecoins have demonstrated faster and more programmable payments, the BIS warned that many existing stablecoins lack important characteristics required of trusted money, including interoperability, resilience, and consistent redemption at face value.

3. Unified Ledger Concept Continues to Advance

The BIS highlighted continued development of a "Unified Ledger" architecture capable of bringing together tokenized commercial bank deposits, central bank money, and tokenized real-world assets on interoperable digital platforms. Officials believe this approach could significantly improve settlement efficiency while maintaining financial stability.

4. Cross-Border Payments Remain a Priority

Projects such as Project Agorá continue advancing international testing among major central banks and commercial banks. The initiative aims to reduce settlement delays, lower transaction costs, and improve cross-border payments using tokenized financial infrastructure.

5. Policymakers Call for Global Coordination

The BIS emphasized that international cooperation will be essential to establish common standards governing tokenization, digital money, and financial interoperability. Without coordinated regulation, fragmented digital financial systems could introduce new systemic risks.

Why It Matters

The BIS serves as the coordinating institution for many of the world's central banks, making its recommendations highly influential. Its latest report signals that tokenization is moving beyond experimentation and into the next phase of financial infrastructure development, where regulation, interoperability, and institutional participation become the primary focus.

Why It Matters to Foreign Currency Holders

Foreign currency holders should monitor the continued development of tokenized financial infrastructure because it may reshape how international payments, settlements, and cross-border liquidity operate in the years ahead. While today's report does not directly affect currency valuations, it reflects the ongoing modernization of the global financial system.

Implications for the Global Reset

Pillar 2 – Trade

The expansion of tokenized cross-border payment systems could reduce settlement times, lower transaction costs, and improve the efficiency of international commerce.

Pillar 4 – Technology

The BIS continues to support tokenization and programmable financial infrastructure as foundational technologies for the next generation of regulated global financial markets.

This is not just about digital assets—it reflects how central banks and global financial institutions are redesigning the infrastructure that could support faster payments, tokenized assets, and more efficient international finance for decades to come.

Seeds of Wisdom Team
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Sources

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

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Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

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