Europe Just Bragged About Losing to Gold

Europe Just Bragged About Losing to Gold

Notes From the Field By James Hickman (Simon Black / Sovereign Man) June 4, 2026

When the euro launched on January 1, 1999, it was sold as the future. It would be a single currency to knit Europe together — to wipe out the exchange-rate friction between member states, complete the continent's single market, and bind a dozen squabbling nations into one economic bloc with one money.

And in the grander ambitions of its architects, it was meant to do something more: to grow up into a true global currency, the first serious rival the US dollar had faced since World War II.

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Iraq Economic News and Points To Ponder Thursday Morning 6-4-26

During A Summit Held In Paris And Attended By "Economy News"... Hadi Chaib Ainou: Global Challenges Necessitate Strengthening International Cooperation

Money and Business    Economy News – Baghdad    The Director General of the Professional Group of Banks of Morocco (GPBM) and Secretary General of the Federation of Francophone Banks (FBF), El Hadi Chaib Ainou, affirmed that the global financial sector is going through a critical phase of rapid transformations at the geopolitical, economic and social levels, which necessitates a review of the traditional tools used in financial analysis and their development in line with current changes.

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Thursday AM Iraq News Posted by Tishwash at TNT 6-4-2026

TNT:

Tishwash:  The Minister of Finance affirms the continuation of economic reforms and the strengthening of the partnership with the World Bank.

During his meeting with the World Bank representative to Iraq, Emmanuel Salinas Munoz, Finance Minister Faleh Sari affirmed the ministry's commitment to implementing financial and economic reform programs, in line with the government program's priorities and to enhance the efficiency of public resource management.

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Iraq Economic News and Points To Ponder Wednesday Afternoon 6-3-26

IMF: Iraq Among The Economies Most Affected By Regional Turmoil In 2026

Money and Business    Economy News – Baghdad    A report issued by the International Monetary Fund showed that Iraq will be among the economies most affected by regional turmoil during 2026, with clear repercussions on inflation rates, external accounts and public finances.

According to the report, which was reviewed by “Al-Eqtisad News”, Iraq is among a limited group of countries facing double pressures as a result of the disruption of trade and the rise in transportation costs, in addition to the effects of armed confrontations on trade exchange routes, especially those related to the Strait of Hormuz, which led to a noticeable decline in current account and financial balance indicators compared to previous expectations.

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The Dollar System is Losing Trust, Gold’s Monetary Reset has Begun

The Dollar System is Losing Trust, Gold’s Monetary Reset has Begun

Wealthion:   6-3-2026

In an ever-evolving global financial landscape, the discussion around gold’s role as more than just a shiny commodity has never been more pertinent.

 Recently, a compelling conversation between Trey Reik, Chief Economist at GBI, and Ronnie Stoeferle, Partner at Incrementum AG, explored the intricate nuances of gold within the global monetary system. Their insights delve deep into whether we are witnessing a typical gold market cycle or something far more profound: a fundamental monetary revaluation.

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Wed. Iraq News Posted by Tishwash at TNT 6-3-2026

TNT:

Tishwash:  Kurdistan Delegation in Baghdad to Discuss Oil Exports and Output Increase

Talks expected with Iraqi officials and SOMO aimed at raising Kurdistan Region oil exports to 500,000 barrels per day amid ongoing production constraints

A delegation from the Kurdistan Regional Government (KRG) arrived in Baghdad on Wednesday to hold a series of meetings with senior Iraqi officials focused on oil exports and mechanisms to increase production and shipments, according to Kurdistan24 correspondent in Baghdad, Dilan Barzan.

The delegation is scheduled to begin its first meeting at 12:00 noon on Wednesday with Iraq’s Prime Minister Ali Faleh al-Zaidi, marking the start of a broader round of talks with federal authorities.

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Iraq Economic News and Points To Ponder Tuesday Evening 6-2-26

Iraq Seizes $10 Million, Dozens Of Properties In Oil Corruption Case

2026-06-02 Shafaq News- Baghdad   Iraqi authorities seized on Tuesday nearly 40 properties, $10 million in cash, three billion Iraqi dinars (≈ $2.29 million), and large quantities of weapons in an expanding corruption case involving former Deputy Oil Minister for Refining Affairs Adnan Mohammed Mahmoud.

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