Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-8-25

Good Evening Dinar Recaps,

XRP NEWS: RIPPLE SET TO BUY HIDDEN ROAD FOR $1.25B IN STRATEGIC DEAL

▪️Ripple acquires Hidden Road for $1.25B, becoming the first crypto firm to own a global multi-asset prime broker.

▪️The acquisition will see Ripple's stablecoin RLUSD used as collateral and Hidden Road's post-trade on XRP Ledger.

▪️This major deal, amidst positive regulatory shifts, positions Ripple and Hidden Road to bridge traditional and decentralized finance.

Ripple has taken a major step forward by agreeing to acquire one of the fastest-growing prime brokerages in the world. This deal marks a big moment for the company and the crypto industry, as Ripple becomes the first crypto firm to fully own and operate a global, multi-asset prime brokerage platform.

Ripple announced it will acquire Hidden Road for $1.25 billion. This is one of the largest acquisitions in the digital asset space so far, signaling Ripple’s serious commitment to expanding its reach into traditional finance.

Ripple’s Stablecoin Steps Into the Spotlight

One of the most important aspects of this deal is the boost it gives to Ripple’s stablecoin, RLUSD. Hidden Road will now use RLUSD as collateral across its services, making it the first stablecoin to allow smooth cross-margining between crypto and traditional markets. This gives RLUSD a strong foothold in real-world financial applications.

As part of the agreement, Hidden Road will shift its post-trade operations to the XRP Ledger (XRPL). This move aims to lower costs and improve efficiency, highlighting XRPL’s value as a preferred option for institutional decentralized finance (DeFi).

Ripple also plans to improve its Ripple Payments platform by reducing costs, increasing liquidity, and offering secure, bank-grade digital asset custody to Hidden Road’s institutional clients.

Hidden Road’s Global Presence Set to Expand

Hidden Road already handles more than $3 trillion in trading volume each year for over 300 major institutions. With Ripple’s support, the firm is now set to grow even more and could soon become one of the largest non-bank prime brokers in the world. This partnership is a key step in connecting traditional finance with the decentralized world.

This is the second billion-dollar crypto deal of 2025, showing strong momentum for the digital asset industry. Under President Trump’s administration, the market is growing more optimistic about relaxed crypto regulations.

Earlier in March, major crypto exchange Kraken announced a $1.5 billion deal to acquire retail futures trading platform NinjaTrader. That move allows Kraken to expand into new asset classes and grow its user base.

Ripple Hints At Collab With Cardano

Adding more buzz, Ripple recently released a video about tokenization that included the Cardano logo. This led to speculation about a possible partnership between the two companies. 

The video focused on the potential of real-world asset (RWA) tokenization, which could reach $18.9 trillion by 2033. While the community is excited, neither Ripple nor Cardano has confirmed any collaboration yet.

Ripple CEO Brad Garlinghouse commented on the deal, saying the crypto industry is entering a new and promising phase. For the first time, the U.S. market is becoming truly open to digital assets, as the regulatory confusion from earlier leadership begins to clear up. At the same time, the crypto space is maturing and starting to meet the standards of traditional finance.

According to Garlinghouse, this moment presents a huge opportunity for growth and mainstream adoption.

@ Newshounds News™
Source:  Coinpedia

Video Link

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BRICS: INDIA TO TURN ON US, JOIN CHINA IN TRADE WAR?

With the arrival of United States President Donald Trump’s Liberation Day economic policy, the world has been subject to an influx of tariffs. Now, despite its increased relationship with the country, BRICS nations may band together, with India potentially joining with China amid a brewing trade war with the US.

A Chinese Embassy spokesperson in India recently called for the nation to stand with its BRICS ally against the US Trump administration. Specifically, spokesperson Yu Jing called for the nations to join forces to “overcome the difficulties” of the recent tariff plan, according to a Reuters report.

BRICS Nations to Join Forces? China Calls for India to Stand With It in Opposition to Trump Tariffs

In early April, US President Donald Trump threw a wrench into global economics. Indeed, he announced the arrival of a baseline 10% tariff on nearly every trading partner that the country has. The increasingly aggressive economic policy was instituted to facilitate balanced trade for the nation, the administration assures.

However, its presence has forced a host of nations to respond. Among the most concerning answers have been from East Asia, which has vowed to fight the policy. Now, it is calling on its BRICS ally in India to stand with China as it is set to engage in a trade war with the US.

Chinese Embassy spokesperson Yu Jin recently said the two sides should come together amid the action. “China-India economic and trade relationships are based on complimentary and mutual benefit. Facing the US abuse of tariffs… the two latest developing countries should stand together to overcome difficulties.”

The only problem is that both nations took radically different approaches to their response to the Trump tariffs. Specifically, India has already ruled out reciprocal action. Indeed, it noted that it was seeking to secure a negotiated trade deal with the United States amid the policy.

Alternatively, Chian has not been as diplomatic. According to a recent report, the country has vowed to “fight to the end” in response to the looming trade war. The US president has threatened an additional 50% tariff on China, with the Eastern Asian power calling it “blackmail.”

@ Newshounds News™
Source:  Watcher Guru

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XRP LAWSUIT NEWS: SEC OPPOSES EMERGENCY REQUEST FOR ‘DECISIVE EVIDENCE’ IN RIPPLE CASE

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has officially come to an end, as confirmed by Ripple CEO Brad Garlinghouse just a few days ago.

While the announcement was met with celebrations among Ripple supporters and the broader crypto community, the XRP price failed to react as positively as expected. This muted response has led to growing anticipation and calls from XRP enthusiasts for an official statement or confirmation from the SEC.

Adding to the intrigue, an unusual filing recently appeared in the SEC vs. Ripple docket. A man named Justin W. Keener submitted an emergency request seeking to “present decisive evidence in favor of the defendants and in favor of liberty for the American people.”

The letter, however, left many questions unanswered. It doesn’t clearly specify what the so-called ‘decisive evidence’ entails or how it would benefit Ripple’s case. Keener hints that the evidence may relate to physical investment contracts he has been collecting, though details remain scarce.

In response, the SEC has filed an opposition to Keener’s request. According to Fox Business’ Eleanor Terrett, the SEC argues that the motion should be denied for several reasons.

First, they claim the District Court no longer has jurisdiction over the matter since the case has moved to the Second Circuit.

Second, they assert that Keener failed to file the proper motion to intervene in the case. Lastly, the SEC contends that the request is unnecessary because Ripple is fully capable of deciding for itself whether the evidence in question could be helpful.

The SEC is now asking Judge Analisa Torres to dismiss Keener’s request entirely, arguing that it holds no legal standing and that the case has already reached a conclusion.

@ Newshounds News™
Source:  Coinpedia

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Iraq Economic News and Points to Ponder Tuesday Afternoon 4-8-25

Government Advisor: Iraq Will Face Two Shocks As A Result Of Trump's Decisions.
 
 April 6, 18:53  nformation / Baghdad..  The Prime Minister's advisor for economic affairs, Mazhar Mohammed Salih, revealed on Sunday that  Iraq will face two economic shocks as a result of US President Donald Trump's decisions, noting that the US is a secondary trading partner for Iraq.
 
"Iraq is immune to the impact of tariffs on its exports to the US, as the latter is a secondary trading partner.  Iraqi oil exports to the US do not exceed $5 billion annually, while Iraq imports electronic goods and cars from the US at a similar value," Saleh said in a statement followed by Al-Maalouma Agency. 

 Saleh pointed out that "the new tariffs could lead to higher costs for global supply chains, causing  cross-border economic inflation, as well as a  decline in the oil asset cycle resulting from the protectionist trade policies pursued by the US through its control of the world's largest trading regions."

He explained that "Iraq will face two major shocks: the  first is a relative disruption in the prices of some materials within the supply chains, and the  second is a gradual decline in the oil asset cycle, which could lead to oil prices falling during the summer season to below their stable market values."  End 25    
  
https://almaalomah.me/news/95315/economy/مستشار-حكومي:-العراق-سيواجه-صدمتين-جراء-قرارات-ترامب 

The Turkish Wealth Fund And The Iraq Development Fund Sign A Memorandum Of Understanding For Joint Cooperation.
 
Tuesday, April 8, 2025 11:52 | Economic     Number of readings: 310  Baghdad / NINA / The Director General of the Turkish Wealth Fund, Arda Armut, and the Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, signed a memorandum of understanding for joint strategic cooperation.
 
"Relations between Türkiye and Iraq have always held a special place as two countries with a long history, a shared geography, and strong fraternal ties," Ermut said at a press conference held today in Baghdad with the executive director of the Iraq Development Fund. He added that
 
this centuries-old friendship between the two countries has been strengthened over time by mutual trust and solidarity, transforming into a brotherhood that is not limited to neighborliness but rather united around common goals. He pointed out that
 
"this memorandum of understanding is a major step that will enhance cooperation between Türkiye and Iraq, not only at the regional level but also at the global level." He explained that the
 
Turkish Wealth Fund will cooperate extensively with the Iraq Development Fund in developing, financing, and implementing projects, noting that
 
the signed memorandum of understanding clearly embodies the determination to work together, particularly in specific strategic sectors. He said,
 
"We aim to cooperate in a wide range of areas, from renewable and green energy to information and communications technology, from infrastructure and superstructure investments to transportation and logistics services, from automobiles to agricultural technologies and food production, and from financial services to fintech applications."

He added, "In addition to investments, we will also cooperate closely on issues such as information exchange, technology transfer, and the joint use of resources.
 
This will ensure that our joint projects have a broader and more sustainable impact."
 
The head of the Turkish Wealth Fund expressed his belief that this memorandum will support comprehensive and sustainable development in both Türkiye and Iraq, and that
 
this cooperation will enhance regional economic stability and further strengthen the friendship between the two countries. He pointed out that the
 
Turkish Sovereign Wealth Fund places great importance on establishing long-term relationships based not only on economic relations, but also on trust and shared values, as embodied in the memorandum of understanding between the two sides.
 
For his part, Mohammed Al-Najjar said:
 
This is a very important step not only for the "Development Road" project, but
also for all other projects, partnerships, and relationships. Al-Najjar added,
 
"For the first time, we are signing long-term strategic projects between Iraq and Turkey that go beyond trade relations." He pointed out that
 
the signed memorandum of understanding also forms the basis for future joint projects. It's worth noting that
 
the "Development Road" project is a land and railway route extending from Iraq to Turkey and its ports.
 
It spans 1,200 kilometers within Iraq and aims to transport goods between Europe and the Gulf states.
 
On April 22 of last year, Turkey, Iraq, Qatar, and the UAE signed a quadripartite memorandum of understanding in Baghdad for cooperation on the "Development Road" project, under the auspices of Turkish President Recep Tayyip Erdoğan and Prime Minister Mohammed Shia al-Sudani.
 
Under the terms of the memorandum of understanding signed today in Baghdad, the two sides will work together under a structured cooperation mechanism to develop, finance, and implement projects. The first tangible results of this joint effort are expected to appear by next month.

The memorandum also includes joint commitments on innovation-focused investments in some key sectors of strategic importance.
 
These sectors include renewable energy and green energy technologies, information and communications technology, infrastructure and superstructure investments, transportation and logistics, automotive, agricultural technology and food production, and financial services and fintech.
 
Cooperation outside these investment areas includes the exchange of knowledge and expertise, technology transfer, and the allocation and mobilization of strategic resources.
 
This cooperation is expected to   support comprehensive and sustainable economic development in Türkiye and Iraq,  enhance regional economic stability and growth, and   deepen the long-standing strategic relations between the two countries. /End   https://ninanews.com/Website/News/Details?key=1196340 

Tomorrow... Iraqi And American Chambers Of Commerce Sign Contract To Regulate Private Sector Operations
 
Economy     Today, 21:59  Baghdad – INA  The head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq al-Zuhairi, announced today, Tuesday, the signing of an agreement with the American Chambers of Commerce to regulate the work of the private sector tomorrow, Wednesday. He explained that the government has included regulating the work of the private sector in its program.
 
In a statement to Al-Iraqiya News, followed by the Iraqi News Agency (INA), al-Zuhairi said,
 
"Tomorrow will witness the signing of an agreement with the American Chambers of Commerce to regulate the work of the private sector." He explained that "American companies are characterized by greater flexibility and capabilities, and they have extensive experience working with countries around the world.

In addition, the  Americans have everything they need to work in Iraq, especially in the field of industry."  He pointed out that "the banking base in Iraq has become large and global, and it is possible for us to work with it."

He explained that  "the agreement signed yesterday, in addition to the agreement to be signed tomorrow, includes regulating work in the Iraqi and American private sectors." 

He emphasized that the government has included in its program the regulation of the private sector and supports many areas, especially loans and the purchase of machinery and equipment," noting that "despite the difficult circumstances we faced, the results were positive on the ground."
 
Al-Zuhairi also referred to "addressing taxes, customs, the companies law, and the agency law," indicating that "there is a package that the government sent to Parliament for a vote, which is the most important package."  He explained that "the work of the private sector requires continuous updating, as there are new systems, laws, and new programs that change from time to time.
 
Land acquisition was previously under the agrarian reform law, as was the energy issue, and many other issues have been finalized."  He explained that
 
"what the government has done over the past period has been exceptional," expressing his hope that
 
"support for the private sector will continue in order to attract the largest number of international companies and employ the workforce."    https://www.ina.iq/231651--.html

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 4-8-25

Good Afternoon Dinar Recaps,

COINBASE TO INTRODUCE 24/7 FUTURES TRADING FOR BITCOIN AND ETHEREUM ON MAY 9

▪️Coinbase Derivatives has announced the launch of 24/7 Bitcoin and Ethereum futures trading for US traders on May 9.

▪️The launch will allow US-based crypto derivatives investors to trade Bitcoin and Ethereum futures contracts round-the-clock.

▪️The contracts will be backed by Coinbase Financial Markets and cleared through Nodal Clear, ensuring clear institutional framework.

Coinbase greenlights 24/7 futures trading for Bitcoin and Ethereum Futures

Coinbase has announced the decision to launch 24-hour trading functionality for US-based traders on May 9 2025, just 24 hours after the US congress advanced a bill for crypto stablecoin regulations. However, until now, US traders have faced limited access due to fixed market hours and contract expiration policies.

By introducing 24/7 trading, Coinbase aims to eliminate inefficiencies that prevent traders from reacting to price movements in real time.

Perpetual futures to bridge US trading inefficiencies

In addition to continuous trading access, Coinbase is also developing a perpetual-style futures contract. Unlike standard futures, these contracts do not have expiry dates, allowing traders to maintain positions indefinitely.

The new perpetual-style contracts aim to provide US traders with more efficient hedging and strategy execution.

Without the constraints of fixed expirations, traders can implement long-term positions without disruptions. Furthermore, the introduction of a regulated perpetual futures market within the US could reduce reliance on offshore exchanges, which have historically offered more competitive alternatives.

Crypto Regulations remain a crucial factor. In recent years, Coinbase has worked closely with the Commodity Futures Trading Commission (CFTC) to ensure compliance while expanding derivatives offerings to altcoins.

The US Congress also advanced a bill for Crypto stablecoin regulations this week as the Trump administration continues to push for crypto reserves, to mitigate mounting national debt.

Key points Coinbase users must note:

▪️Coinbase Derivatives launches 24/7 Bitcoin and Ethereum futures for US traders on May 9.
▪️The exchange is developing perpetual-style futures to eliminate contract expirations, enhancing trading flexibility within US markets.
▪️Coinbase's move is expected to boost institutional crypto adoption while reducing the need for offshore derivatives platforms.

Currently, derivatives account for over 75% of total crypto trading volume globally, according to CCdata.

Investors anticipate that the Coinbase imminent furtures trading launch could drive more capital inflows towards BTC and ETH derivatives markets.

At press time Bitcoin futures open interest stands at $53 billion according to Coingecko data, up 1.6% within the last 24 hours.

Market participants anticipate that the upcoming futures launch and perpetual contract developments will drive greater institutional participation in US-based crypto derivatives.

Perpetual futures lack expiration dates, enabling traders to hold positions indefinitely, providing better flexibility for long-term strategies.

@ Newshounds News™
Source:  FX Street

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XRP AND U.S. TREASURY: RIPPLE MIGHT GIFT XRP AS CODE TO THE GOVERNMENT

John Squire, a social media influencer with a growing presence in the digital asset space, posted a tweet raising the possibility that XRP could be incorporated into the U.S. government infrastructure through non-commercial means.

In his post, Squire stated, “XRP x U.S. Treasury. This ain’t hype, it’s infrastructure. Ripple might gift $XRP as code to the gov. They won’t buy it… they’ll use it. Are you watching or still sleeping?”

The Concept of a Gratis Vendor

Squire’s message was accompanied by a short video clip (link below) of an interview in which an unidentified speaker (Newshounds believes it is Commerse Secretary Howard Lutnick) described the process of becoming a “gratis vendor” for the U.S. government. The speaker explained that a gratis vendor is an approved entity that gives, rather than sells, a product or service to the federal government.

According to this explanation, when a vendor provides a product as a gift—especially if offered to an entity under Article II of the U.S. Constitution, which includes the executive branch—the product may be accepted without going through standard procurement procedures.

In the interview, the first speaker said, “What is a gratis vendor? A gratis vendor is an approved vendor for the United States of America that gives product to the government, doesn’t sell it. Therefore, I don’t have to go through the whole process of becoming a proper vendor because you’re giving it to us.”

The speaker went on to say that if the product is gifted to a government department, it bypasses much of the bureaucracy typically involved in federal acquisitions.

Implications for XRP and Ripple

Squire used this segment to suggest that Ripple Labs could utilize the gratis vendor model to offer XRP or XRP-related code to the U.S. government as a non-commercial resource.

The core implication in Squire’s statement is that Ripple would not sell XRP to the government but provide it or its infrastructure freely for governmental use.

The tweet did not contain any formal confirmation from Ripple or any government entity that such an arrangement is currently in place. However, it aligns with previous conversations in the digital asset space about the potential role of XRP in the modernization of governmental and financial systems.

Squire’s emphasis on the infrastructure aspect of the tweet indicates that he sees this potential move not as a marketing strategy or speculative hype but as a functional step toward broader adoption of distributed ledger technology within federal agencies.

Current Status and Outlook

If Ripple pursues this approach, it could theoretically allow government entities to evaluate or deploy XRP-powered systems without needing to engage in standard procurement or regulatory clearance typically required for financial acquisitions. While speculative, Squire’s commentary underscores the view held by some in the digital asset community that XRP’s real-world utility could extend into official public-sector functions.

@ Newshounds News™

Source: Times Tabloid

Video Clip:   X com

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The Financial Kill Switch Has Been Flipped – No More 'Buy the Dip' | E.B. Tucker

The Financial Kill Switch Has Been Flipped – No More 'Buy the Dip' | E.B. Tucker

Kitco News:  4-7-2025

U.S. markets have erased nearly $10 trillion. Gold briefly slipped below $3,000 an ounce. The VIX spiked above 60. And now, with President Trump threatening 50% tariffs on China, the global financial system is showing signs of strain.

 In this interview, E.B. Tucker, author of Why Gold? Why Now? and editor of The Tucker Letter, joins Jeremy Szafron, Anchor at Kitco News, to break down what he calls the triggering of the “Financial Kill Switch.”

Tucker explains why the era of “buy the dip” is over, how the system is being reprogrammed, and where capital should move before the next phase hits.

Key Topics:

– Why the “virtuous circle” of rising markets is dead

 – What the Fed’s silence means as recession rumors grow

– Gold’s role as the only asset without a kill switch

– Why Poland, China, and Germany are moving fast on gold

 – How the system is designed to keep most investors paralyzed

– What sectors could thrive under Trump’s new regime

– Why Tucker says “most people are fully exposed and don’t even know it”

00:00 Introduction: Financial Kill Switch

01:45 Market Volatility and Investment Strategies

 04:48 Historical Context and Market Predictions

11:49 Regime Change and Economic Policies

16:50 China's Role in the Economic Landscape

 18:07 Understanding Larry Fink's Influence

18:56 Introduction to Gold Investment

 19:12 Gold's Market Performance and Value

21:11 Strategic Asset Management with Gold

25:06 Market Trends and Stock Recommendations

27:49 The Future of the Economy and Defensive Stocks

31:43 Final Thoughts

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

Seeds of Wisdom RV and Economic Updates Tuesday Morning 4-8-25

Good Morning Dinar Recaps,

FIRST-EVER XRP ETF TO LAUNCH IN US TUESDAY; SPOT ETF STILL PENDING

▪️Teucrium Investment Advisors LLC is launching a leveraged XRP ETF on Tuesday, which is the first XRP-based ETF in the U.S. market.

▪️Multiple U.S. issuers have filed for spot XRP ETFs, which are still being reviewed by the SEC.

▪️One analyst said the likelihood of spot XRP ETFs being approved this year has grown, but demand for such funds remains uncertain.

Vermont-based asset manager Teucrium Investment Advisors LLC is launching the first XRP-based exchange-traded fund in the U.S. market on Tuesday.

The Teucrium 2x Long Daily XRP ETF (XXRP) is a leveraged fund based on the world's fourth-largest cryptocurrency by market capitalization, designed to provide investment results that correspond to twice the daily price performance of XRP.

"If you have a short-term high-conviction view on XRP prices, you may consider exploring the Teucrium 2x Long Daily XRP ETF," the company said on the website.

According to its description, XXRP starts trading on April 8 on NYSE Arca, with monthly distributions at a 1.85% management fee ratio.

On the Depository Trust and Clearing Corporation's (DTCC) official list of active and pre-launch U.S. ETFs, Teucrium's XXRP stands as the only XRP-related fund.

"A 2x XRP ETF is launching [tomorrow] in the U.S., the first-ever XRP ETF on the market," Bloomberg Senior ETF Analyst Eric Balchunas said in a post on X.

"Very odd (maybe a first) that a new asset’s first ETF is leveraged. Spot XRP still not approved, [although] our odds are pretty high," Balchunas added.

Demand for spot ETF uncertain

Multiple U.S. issuers, including Grayscale, WisdomTree and Bitwise, have filed applications with the U.S. Securities and Exchange Commission following waves of positive changes in crypto regulation led by President Donald Trump.

Several spot XRP ETF filings have been acknowledged by the SEC earlier this year, suggesting the review process is moving forward.

Meanwhile, Ripple Labs, the company that created and supports the growth of XRP, agreed to settle with the SEC last month, ending their years-long legal battle over whether XRP counts as a financial security. Ripple agreed to pay a fine of $50 million, reduced from the $125 million that was imposed last August.

"With the SEC dropping its appeal, a key legal hurdle is out of the way, making XRP ETF approval more likely," said Min Jung, research analyst at Presto Research. "If any new spot ETFs are approved after Bitcoin and Ethereum, XRP or Solana are strong contenders."

However, Jung noted that demand for spot XRP ETFs remains uncertain. "Ethereum ETFs have seen limited traction, and institutions still largely believe 'there is no second best,'" Jung said.

According to The Block's XRP price page, the cryptocurrency is trading at $1.91 as of 11:00 p.m. ET on Monday, up 0.64% in the past 24 hours.

@ Newshounds News™
Source:  The Block

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HONG KONG SFC ISSUES NEW CRYPTO STAKING RULES: WHAT’S CHANGING?

▪️Hong Kong's SFC issues new rules for licensed crypto platforms and funds involved in staking.

▪️The guidelines aim to boost blockchain security, offer regulated yields, and enhance investor protection.

▪️These moves are part of Hong Kong's "ASPIRe" plan to become a leading regulated virtual asset hub.

Hong Kong is stepping up its game in the crypto space. In a move to tighten oversight and improve investor safety, the city’s Securities and Futures Commission (SFC) has rolled out new rules for virtual asset trading platforms and authorised funds involved in staking.

The move is part of the city’s efforts to tighten oversight and create a safer, more structured crypto market.

From clearer rules to new opportunities for investors, the SFC’s latest update could signal a turning point. Here’s what’s changing, and why it matters.

Regulated Crypto Staking: A Step Forward

The updated rules highlight key benefits of staking—such as improving blockchain security and helping investors earn yields—all within a regulated environment. These guidelines give licensed crypto platforms more flexibility to offer staking services, supporting the SFC’s “ASPIRe” strategy to grow Hong Kong’s virtual asset industry.

The SFC has set out clear requirements for platforms that offer staking. These include protecting staked assets, avoiding service disruptions, and being transparent about the risks involved. This marks a major step toward making staking safer for investors in Hong Kong.

Funds Can Stake – But Within Limits

The SFC also updated its circular for SFC-authorised virtual asset (VA) funds. These funds can now stake assets—but only through licensed platforms or approved institutions. To reduce risk, a cap has been set on how much they can stake. This helps manage liquidity and further protect investors.

SFC CEO Julia Leung said that expanding regulated crypto services is key to growing Hong Kong’s virtual asset market. At the same time, she stressed that protecting investors must remain the top priority through strong regulation and compliance.

A Global Crypto Hub in the Making

The SFC is actively working to position Hong Kong as a global digital asset hub. Its ASPIRe framework—short for Access, Safeguards, Products, Infrastructure, and Relationships—aims to make it easier for platforms to enter the market while strengthening investor protections.

In February 2025, the SFC announced plans to launch new licensing regimes for over-the-counter (OTC) virtual asset trading and custody services. These new rules are aimed at improving market efficiency and boosting investor confidence.

As the crypto world keeps moving fast, Hong Kong clearly wants the rules to keep pace – and stay one step ahead.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

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“Tidbits From TNT” Tuesday Morning 5-8-2025

TNT:

Tishwash:  The Council of Ministers holds two sessions today

The Council of Ministers announced today, Tuesday, that it will hold two regular sessions to compensate for last week's session.

Al-Sudani's media office said in a statement received by {Euphrates News}, "The Council of Ministers will hold two regular sessions today, Tuesday, the thirteenth and fourteenth of the current year, to make up for last week's session that was postponed due to the Eid al-Fitr holiday."  link

Tishwash:  The largest US trade delegation, representing 60 companies, arrives in Baghdad to enhance economic cooperation.

 The US Embassy in Baghdad announced on Monday the arrival of a 101-member US trade delegation representing 60 companies from various sectors. The visit aims to strengthen economic and investment relations between the United States and Iraq.

The embassy confirmed in a statement monitored by the Iraq Observer that this visit represents one of the largest US trade missions to Iraq and reflects American companies' interest in expanding opportunities for cooperation and partnerships with their Iraqi counterparts in various fields, most notably energy, infrastructure, technology, and healthcare.

She noted that the delegation's agenda includes meetings with government officials and private sector representatives to discuss investment opportunities and ways to support the business environment in Iraq, which will contribute to job creation and stimulate economic growth   link

.************

The largest US trade mission to Baghdad, comprising 101 individuals, arrives.

The US Embassy in Baghdad announced on Monday the arrival of the largest US trade mission to Iraq, comprising representatives from 60 companies across various sectors.

"The American Chamber of Commerce, headed by Steve Lutes, is leading a 101-member delegation from approximately 60 American companies in the energy, technology, and healthcare sectors to Iraq this week," the embassy said in a statement received by Shafaq News Agency.

She added, "This is the first US Department of Commerce-approved trade mission to Iraq and the largest US trade mission to Iraq in the Chamber's history."

She confirmed, "During the visit, which will extend from April 7 to 9, the delegation will meet with high-level Iraqi officials, engage with Iraqi companies, and sign a number of agreements."

"The U.S. Chamber of Commerce provides a platform for creating and implementing new ideas aimed at establishing partnerships and trade policies that influence the thinking of governments and business leaders in both countries. For more than a decade, the Chamber has regularly visited Iraq and hosted Iraqi government delegations in the United States," she explained. "During this visit, the U.S. Chamber of Commerce will sign a memorandum of understanding with the Federation of Iraqi Chambers of Commerce to strengthen relations between the American and Iraqi private sectors."

The embassy also announced that "the American Chamber of Commerce and the Federation of Iraqi Chambers of Commerce signed a pivotal memorandum of understanding to strengthen relations between the American and Iraqi private sectors. This partnership will enhance long-term economic cooperation between the two parties   link

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MilitiaMan & Crew: Iraq Dinar News-Central Bank-Parliament Finance-International Entities-Developing the Banking System

MilitiaMan & Crew:  Iraq Dinar News-Central Bank-Parliament Finance-International Entities-Developing the Banking System

4-7-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=N6_8bI2k8Es

Iraq Economic News and Points to Ponder Monday Afternoon 4-7-25

Central Bank: We Are Ready To Implement The Banking Sector Reform Plan.
 
Monday, April 7, 2025 13:21 | Economic     Number of readings: 202  Baghdad / NINA / The Central Bank of Iraq confirmed its readiness to implement the banking sector reform plan.

Central Bank Governor Ali Al-Alaq said in a speech at the Banking Sector Reform Conference: 
"Investments in research and development in the field of artificial intelligence must be increased."  He added:  "Digital currencies could reshape the traditional banking system."  https://ninanews.com/Website/News/Details?key=1196153 

The Central Bank Denies Stopping The Supply Of Dollars To Travelers.

April 06, 2025   The Central Bank of Iraq denies circulating news (about halting the supply of dollars to travelers at the official exchange rate of 1,320 dinars to the dollar), confirming that  the decision is still in effect and that the suspension is false.

The Central Bank states that  the process of supplying travelers with dollars       is proceeding regularly and smoothly,   according to an advanced electronic system operated by companies and banks at all Iraqi airports,
 
especially after the implementation of new mechanisms that enabled travelers to receive their shares of foreign currency (dollars) according to sound transactions, facilitating their faster access to dollars and eliminating the negative phenomena practiced by speculators.
 
The Central Bank of Iraq reserves the legal right to prosecute those who spread rumours aimed at destabilising the currency and creating opportunities for speculation.  Central Bank of Iraq  Media Office  April 6, 2025  https://cbi.iq/news/view/2838

Government Advisor: 95 Trillion Dinars Stored Outside the Banking System

Economy     04-05-2025, 1:44 PM  Baghdad – INA – Amna Al-Salami   Adviser to the Prime Minister, Mazhar Mohammed Salih, confirmed today, Saturday, that the  widespread use of digital payment systems provides loans to citizens at lower costs.

He explained that  95 of the 109 trillion dinars are stored outside the banking system. 
Adviser to the Prime Minister, Mazhar Mohammed Salih, told the Iraqi News Agency (INA):
 
"The positive steps in activating e-commerce are consistent with one of its objectives, as 
the government and the Central Bank seek to integrate hoarded funds in households (cash leakage, as it is known) into the banking system, which contributes to    strengthening the national economy and
achieving financial stability."  He pointed out that  "the Monetary Authority has previously prepared controls and registration procedures to   obtain a license to practice this trade, in a coordinated manner that contributes to   regulating the market and enhancing consumer confidence." 

He added,  "The steps taken by the government and the Central  Bank to enhance confidence and  and activate e-commerce are consistent with the launch of digital transformation projects.

This has been the case since the Central Bank announced the launch of strategic projects to support digital transformation, including the  
     instant payments project,
     local cards, and
     unified payment gateways,   
all of which aim to 
     enhance financial inclusion and
     facilitate digital banking operations." 

 He pointed out that "all measures to    address information technology and  integrate it into digital payment systems  are consistent with the   development of the country's digital renaissance, the  financial culture of society, and the   development of monetary behavior  in relation to inherited customs, traditions, and cultures.
 
Hoarding money at home instead of depositing it in banks remains a prominent economic challenge in Iraq."  He explained, "Estimates indicate that approximately 87% of the money supply, or  
approximately 95 trillion dinars out of a total of 109 trillion dinars, is held outside the banking system, 
preventing a large portion of the national wealth from effectively participating in the economy."

He explained that "the more digital payment systems are used, including e-commerce, the 
     more efficient banking activity becomes and the     fewer leakages outside of banks.
 
This gives official and licensed banking units the greatest opportunity to     grant more credit or
     lend to citizens at a lower cost and with greater efficiency, thanks to the often low interest rate." He noted that "the parallel market for usurers, which
 
     deals with funds in circulation or hoarded outside the banking system, is a  very dangerous,  illegal, and  costly market for citizens and the national economy when it comes to   credit transactions or  lending at very high usurious interest rates, or what is known as the usurers' market.
 
This is due to the opaque nature of its operations, in addition to the fact that some of its activities conflict with the Anti-Money Laundering Law due to the   lack of transparency in financing, the  absence of governance elements, and the accompanying risks of trading and recovery."   https://www.ina.iq/231404--95-.html 

Advisor to the Prime Minister Reveals Plan to Merge Rafidain and Rasheed Banks
 
Economy     Yesterday, 6:26 PM  Baghdad – INA  Advisor to the Prime Minister and Executive Director of the Reform Management Cell, Amer Al-Adhadh, revealed plans to merge Rafidain and Rasheed Banks.
 
While addressing the government's achievements in the field of economic reforms,
he explained the contents of the "House of Reform" project and its importance to the investment portfolio.

He also outlined the contents of the draft law on public-private partnerships, which aims
to enhance the investment environment in Iraq.
 
Al-Adhadh told Al-Shabaka magazine, as reported by the Iraqi News Agency (INA), in his discussion of the  "House of Reform" project, "This project is not merely a government program, but rather 
a comprehensive roadmap aimed at achieving sustainable development through interconnected objectives,one of which is activating human capital and enhancing national competencies." 

He added,  "Economic reforms cannot succeed without an investment-attractive legal and regulatory environment, which is what the government is working to achieve through this project."
 
Regarding cooperation with the World Bank, Al-Adhadh stated, "The World Bank commended the reforms implemented by the Iraqi government,including the  "House of Reform" policies that support sustainable development.
 
Cooperation focuses on   supporting financial reforms,  providing technical advice, and   financial assistance to     enhance the stability of the Iraqi economy and  improve financial governance systems." 
 
Al-Adhadh also noted that "the government has made significant progress in preparing the draft law on public-private partnerships, which is an essential part of the government's program.
 
This partnership aims to enhance cooperation between the government and the private sector, particularly in infrastructure, transportation, and energy projects, contributing to stimulating the national economy and achieving sustainable development."
 
Regarding the restructuring of the banking sector, Al-Adhadh revealed a plan to merge Rafidain and Rasheed Banks into a single entity with the aim of  
     improving Iraq's credit rating and  increasing international confidence in the banking sector.

 He noted that an international consulting firm has been commissioned to oversee the merger process, which includes   improving financial and administrative performance and     developing digital infrastructure.
 
The Prime Minister's advisor also addressed the issue of economic diversification, stressing that
 
"the government has achieved a significant increase in non-oil revenues, which is 
an important achievement within the strategy to diversify sources of income." He noted that  
"the government is focusing on   improving tax administration,  developing customs duties, and
     stimulating investment in non-oil sectors such as  industry,   agriculture,  tourism, and  technology, 
to ensure the sustainability of these revenues." 

Al-Adhadh emphasized that  "the economic reforms implemented by the government contribute to strengthening the investment environment and achieving sustainable economic growth, ensuring Iraq has a stronger and more diversified financial future."    https://www.ina.iq/231484--.html 

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Monday Evening 4-7-25

Good Evening Dinar Recaps,

THE FUTURE OF FINANCE – HOW TOKENIZATION IS RESHAPING GLOBAL MARKETS

Introduction – The dawn of a new financial era

The financial industry is undergoing one of the most transformative shifts in history, fueled by blockchain technology and digital assets.

Among these advancements, tokenization stands out as a game-changer, poised to revolutionize asset ownership, investment accessibility and global liquidity.

But how exactly is tokenization reshaping the financial markets, and what does the future hold for investors? Let’s explore.

Understanding tokenization in finance

Tokenization refers to the process of converting RWAs (real-world assets) – such as real estate, stocks, commodities or even fine art – into digital tokens on a blockchain.

These tokens represent fractional ownership of an asset, allowing for secure, transparent and efficient trading without the need for traditional intermediaries.

This concept is not entirely new, but recent advancements in blockchain infrastructure have made tokenized assets more viable than ever.

The key benefits include the following.

▪️Increased liquidity – Tokenized assets can be traded 24/7, providing liquidity to traditionally illiquid markets like real estate.
▪️Fractional ownership – Investors can own a portion of high-value assets, lowering entry barriers and democratizing investment opportunities.
▪️Security and transparency – Blockchain ensures that transactions are immutable, reducing fraud and enhancing investor confidence.
▪️Faster settlement times – Traditional financial settlements can take days, whereas blockchain-based transactions are nearly instantaneous.

Industries leading the tokenization movement

Tokenization is disrupting multiple industries, from real estate to fine art and beyond.

Here are some notable examples.

1. Real Estate

Property tokenization allows investors to purchase fractional ownership in high-value real estate properties.

Companies like RealT and Lofty AI are already leveraging blockchain to make real estate investment more accessible.

2. Stock markets

Stock exchanges are exploring tokenized securities, which could enable global 24/7 trading without intermediaries.

For instance, the Swiss SDX (SIX Digital Exchange) has introduced tokenized bonds and equities.

3. Commodities and precious metals

Gold-backed tokens – such as Paxos Gold (PAXG) and Tether Gold (XAUT) – provide a digital alternative to physical gold investments with seamless global trading.

4. Alternative assets – Art, collectibles and IP rights

Platforms like Masterworks enable investors to own shares of high-value artwork, turning exclusive assets into tradable digital securities.

Challenges and regulatory landscape

Despite its advantages, tokenization still faces regulatory hurdles. Financial authorities worldwide are grappling with how to classify and oversee tokenized assets.

Will they be treated as securities? How will taxation and investor protections evolve?

The answers will shape the trajectory of this revolutionary technology.

The future of tokenized finance

As institutional investors warm up to digital assets, tokenization is likely to become a mainstream financial instrument.

In the coming years, we can expect the following.

▪️More government-backed tokenized assets – e.g., CBDCs (central bank digital currencies)
▪️Integration with traditional finance – hybrid models combining blockchain and conventional banking
▪️Wider adoption in emerging markets, where access to traditional banking is limited

Conclusion – Are we ready for the tokenized economy

Tokenization is no longer a futuristic concept – it’s happening now.

The next decade will likely see a profound shift toward digitized financial systems, with blockchain at the core. Investors, institutions and regulators must collaborate to ensure a secure, scalable and inclusive financial ecosystem.

@ Newshounds News™
Source:  DailyHodl

~~~~~~~~~

US PRESIDENT TRUMP THREATENS ADDITIONAL 50% TARIFFS ON CHINA

US President Donald Trump is threatening an additional 50% tariff on China if Bejing doesn’t remove its retaliatory duties on US exports. The latter brought its own 34% tariff increase on the United States in response to Trump’s tariff announcement last week. Trump says he will implement the additional 50% tariff if China’s duties aren’t lifted by April 8.

Global stock markets, especially in the US, are being heavily hit on Monday, thanks to Trump’s tariffs. U.S. markets opened sharply lower Monday for a third trading session, as Trump’s tariffs paralyze global trade and investment. Asian markets also plunged overnight, with stock indexes in Singapore, Australia, Japan, South Korea, and India all suffering losses.

Trump Threatens More Tariffs

In a post to his Truth Social account, Trump said the following about new tariffs for China:

“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set.

Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated!”

Today, the White House also dismissed a wire headline that said Trump is considering pausing new tariffs for 90 days. Several economic experts and billionaires say that the new Tariffs from the US threaten a recession that could last for years. Further, the tariffs could even spur more enemies for the US, with more than just China being hit hard.

European Union President Ursula von der Leyen said the EU is willing to negotiate tariffs with the U.S. However, von der Leyen also said the bloc will prepare to retaliate similarly to China. 

With threats of a recession and potential economic battles between the US and other world powers, many suggest that the US tariffs are backfiring. Experts aren’t surprised, though, as threats of such an event happening were raised when Trump first brought around Tariff talks in his first presidency.

The White House has yet to comment on Trump’s social media post claiming an additional 50% tariff on China.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

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Thank you Dinar Recaps

Some “Iraq News” Posted by Clare at KTFA 4-7-2025

KTFA:

Clare:  Nechirvan Barzani arrives in Abu Dhabi on an official visit

4/7/2025

The President of the Kurdistan Region, Nechirvan Barzani, arrived in Abu Dhabi, UAE, on Monday, on an official visit.

Nechirvan Barzani headed to the United Arab Emirates this morning on an official visit, where he will meet with President Sheikh Mohammed bin Zayed Al Nahyan .

According to a statement issued by the Kurdistan Region's Presidency and received by Shafaq News Agency, the two presidents will discuss cooperation relations between the UAE, Iraq, and the Kurdistan Region, in addition to the latest developments in the region and a number of issues of common interest. LINK

Clare:  Al-Sudani announces a 128% increase in customs revenues and a 22% increase in tax revenues.

4/7/2025

Iraqi Prime Minister Mohammed Shia al-Sudani announced on Monday that customs revenues increased by about 128% and tax revenues by about 22%, higher than previous years. He also expressed the government's readiness to support all local and international entities, institutions, and companies to develop the banking sector and achieve financial stability.

This came during his sponsorship of the Iraqi Banking Sector Reform Conference, where Al-Sudani commended the efforts that contributed to the conference, commending the visions and ideas for developing the Iraqi banking sector, and the pursuit of sustainable development and strengthening Iraq's economic standing regionally and internationally.

Al-Sudani also praised the efforts of the Central Bank, banks, and teams from international and local consulting firms, according to a statement issued by his media office and received by Shafak News Agency.

Al-Sudani noted that the government assumed responsibility during a complex economic climate that required measures to ensure growth. He reviewed key achievements in the financial and economic sectors, stating that the three-year budget allowed for the development of a long-term financial plan to secure resources for vital sectors, including improvements to the tax and customs systems and maximization of non-oil revenues.

He added that customs revenues increased by 128%, and tax revenues by 22%, noting the launch of ambitious projects to reform the government banking system and enhance its service delivery capabilities.

Al-Sudani explained that the government had issued decisions to restructure the Rafidain, Rashid, Industrial, and Agricultural banks in cooperation with an international consulting firm. The government also strengthened the electronic payment infrastructure and established partnerships with financial technology companies.

He explained that financial inclusion has exceeded 40%, compared to 10% two years ago, with the updating of e-commerce and payments laws and the organization of awareness campaigns on digital payments.

He pointed to the support for small and medium-sized enterprises, which contributes to job creation, stressing that banking reforms constitute a fundamental pillar of the government's program, including a partnership with the Central Bank on strategic reforms aimed at keeping pace with international developments and expanding banking partnerships.

Al-Sudani concluded by affirming the government's readiness to support all stakeholders, achieving tangible results in developing the banking sector and expanding its projects.

The Central Bank of Iraq announced reform plans on Monday aimed at modernizing the Iraqi private banking sector and building a robust, modern, and resilient banking sector that will drive economic growth and enhance financial inclusion.  LINK

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

Clare:  Al-Alaq: Digital currencies will contribute to reshaping the traditional banking system.

4/7/2025

 Central Bank Governor Ali Al-Alaq confirmed on Monday that digital currencies will contribute to reshaping the traditional banking system.

 In a speech at the Iraqi Banking Sector Reform Conference, Al-Alaq said, "The Central Bank aims to achieve a developed economy," stressing that "investment in research and development in the field of artificial intelligence must be increased."

He added that "digital currencies could reshape the traditional banking system," noting that "the Central Bank has announced its readiness to implement a plan to reform the banking sector."   LINK

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

Clare: Parliamentary Finance Committee: Launching the banking reform plan is the beginning of economic reform.

4/7/2025 - Baghdad

 Parliamentary Finance Committee Chairman Atwan al-Atwani affirmed on Monday that the launch of the banking reform plan is the beginning of reforming the Iraqi economy.

 In a speech at the Iraqi Banking Sector Reform Conference, attended by an Al-Eqtisad News correspondent, Al-Atwani said, "Developing the banking sector is a fundamental pillar for developing the Iraqi economy beyond oil revenues."

 The head of the Finance Committee called for "diversifying revenue sources to cover the financial deficit."

He pointed out that "the reform and development process must be accompanied by engagement with international banks to regulate foreign remittances."

He stressed that "unofficial border crossings cause a waste of public money."   LINK

Clare:  Launching a private banking reform plan in partnership with Iraqi and international institutions.

4/7/2025 - Baghdad

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the launch of a comprehensive plan to reform private banks, in partnership with local and international institutions. He emphasized that the next phase will witness a qualitative shift in the nature of banking services, based on innovation and digital transformation.

During the Iraqi Banking Sector Reform Conference, which was attended by an Al-Eqtisad News correspondent , Al-Alaq said that Iraqi banks have made significant strides in developing their banking services, but they are required to further embrace modern technology. He emphasized that artificial intelligence must be at the core of future investments in the banking sector.

He added: "The world is witnessing a broad transformation in the financial structure and banking systems, which requires traditional banks to keep pace with this radical change by offering innovative services that meet customer aspirations amidst the tremendous technological acceleration."

The Central Bank Governor indicated that digital currencies will play a vital role in accelerating payment and money transfer transactions, requiring banks to develop their digital infrastructure.

He also noted that central bank digital currencies (CBDCs) could reshape the global banking landscape, adding: “Successful banks of the future will be those that embrace digital transformation tools and integrate artificial intelligence into their daily operations.  LINK

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

Clare:  The Central Bank of Iraq sets regulations for the international use of bank cards. Document

4/7/2025

 The Central Bank of Iraq issued a new circular containing regulations for the use of bank cards (credit, debit, and prepaid) outside Iraq. This circular aims to strengthen oversight of international transactions and ensure the safety of future growth in international settlement payments.

The circular, dated Monday, April 7, 2025, and received by Shafaq News Agency, stated that the new cards will be activated for use outside Iraq 30 days after their issuance date. The relevant authorities will later be provided with lists of relevant merchant categories (MCC Codes) within the specified controls.

The Central Bank confirmed the suspension of these rules effective April 20, 2020, with the possibility of reviewing them periodically to support the sustainable growth of international settlement payments. 

He also noted that the current limits on international transactions involving prepaid cards, whether issued by banks or payment service companies, will remain in effect.

On the other hand, the circular clarified that travelers will continue to receive their foreign currency (dollars) at the official Central Bank rate, in accordance with the procedures adopted within the current e-governance system.

The bank confirmed in its circular that the new limits aim to regulate the use of payment cards issued by Iraqi banks, including debit and credit cards, according to the following categories:

Retirees: $10,000 per month or equivalent.

Travel: $20,000 per month or equivalent, including airfare, hotel reservations, and car rentals.

Treatment outside Iraq: $50,000 per month or equivalent.

General uses outside Iraq: $5,000 per month or equivalent.

He added that the maximum limit for using merchant bank cards outside Iraq will be $20,000 per month or its equivalent.

He also indicated that the new cards (debit, credit, and prepaid) for international use will be activated 30 days after their issuance date, with these rules to be implemented starting April 8, 2025, and to be reviewed periodically to support the growth of international payments.

The bank explained that it will later provide the relevant authorities with the merchant category codes (MCC codes) associated with these regulations, while the current ceilings for prepaid cards issued by banks or payment service providers will remain in effect.

The Central Bank sent a copy of the circular to a number of entities, including the Banking Supervision Department, the Non-Banking Financial Institutions Supervision Directorate, government and private banks, branches of foreign banks operating in Iraq, and electronic payment service companies, urging them to adhere to the aforementioned regulations.

1744019864709_Using Cards Internationally. LINK

Markets Crash, Debt Explodes: Why 2008 Was a Warm-Up for 2025

Markets Crash, Debt Explodes: Why 2008 Was a Warm-Up for 2025

Daneila Cambone:  4-7-2025

“It goes far beyond just a correction. It's the entire global debt-based system that's at risk in my opinion,” says Tim Wood, CPA and publisher of market newsletter Cycles News & Views.

 In an interview with Daniela Cambone, Wood introduces his long-term economic cycle research, explaining that historic market cycles—from the Panic of 1819 to the Dot-Com bubble—have consistently followed a pattern of boom and bust.

 However, he identifies the post-2002 era as uniquely precarious: unlike previous cycles fueled by real economic innovation, this one relies heavily on government debt and stimulus with no solid economic underpinning.

If the third decline “bites,” it could trigger a deflationary spiral similar to the Great Depression, warns Wood.

 Watch the interview to see how you can better protect your wealth in precarious times."

Chapters:

00:00 Cycles

11:02 Debt infused system

 14:21 Reset 16:40 3rd downturn

18:50 Saving or exit?

19:41 Gold

 22:45 Equity market

24:23 The Great Taking

26:49 Importance of cycles

 29:05 Takeaway

 31:04 Economic downturn

32:40 U.S. debt

https://www.youtube.com/watch?v=NLJSdVp0Wqo