MilitiaMan & CREW IRAQ DINAR UPDATE-72 Hour Iraq Reform Surge: Arrests, CBI Aligned $30B Deal Before US Visit
MilitiaMan & CREW IRAQ DINAR UPDATE-72 Hour Iraq Reform Surge: Arrests, CBI Aligned $30B Deal Before US Visit
6-28-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
MilitiaMan & CREW IRAQ DINAR UPDATE-72 Hour Iraq Reform Surge: Arrests, CBI Aligned $30B Deal Before US Visit
6-28-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
Seeds of Wisdom RV and Economics Updates Sunday Night 6-28-26
Global Trade Enters a New Era as Tariffs Reshape the World Economy
The resurgence of tariffs is transforming international trade, signaling a shift away from decades of globalization toward a more protectionist and strategically competitive global economy.
Overview
Global tariff barriers continue rising as major economies prioritize national security and domestic industries over free trade.
The United States has expanded tariffs beyond geopolitical rivals, affecting many long-standing allies and major trading partners.
The shift is accelerating changes to supply chains, investment decisions, and the future structure of global commerce.
Global Trade Enters a New Era as Tariffs Reshape the World Economy
The resurgence of tariffs is transforming international trade, signaling a shift away from decades of globalization toward a more protectionist and strategically competitive global economy.
Overview
Global tariff barriers continue rising as major economies prioritize national security and domestic industries over free trade.
The United States has expanded tariffs beyond geopolitical rivals, affecting many long-standing allies and major trading partners.
The shift is accelerating changes to supply chains, investment decisions, and the future structure of global commerce.
Key Developments
1. A Turning Point for Global Trade
For decades, the World Trade Organization (WTO) helped reduce tariffs and encouraged expanding global commerce through multilateral trade agreements and dispute resolution mechanisms.
That trend has reversed dramatically. Since 2025, governments have increasingly relied on tariffs and industrial policy to protect strategic industries, marking one of the most significant shifts in global trade policy since the end of World War II.
2. Tariffs Expand Beyond Traditional Rivals
While trade tensions between the United States and China remain central, recent tariff actions have extended well beyond geopolitical competitors.
The United States has imposed or threatened tariffs affecting several long-standing allies, including:
European Union
Japan
Mexico
Canada
United Kingdom
These actions demonstrate that economic policy is increasingly being used as a strategic tool rather than solely a trade instrument.
3. Global Supply Chains Continue to Adjust
Higher tariffs are encouraging companies to diversify manufacturing locations, relocate production, and reduce dependence on individual countries for critical goods.
Businesses are increasingly evaluating supply chain resilience alongside production costs, leading to greater investment in regional manufacturing hubs and "friend-shoring" strategies.
4. Markets Face a New Trading Environment
Financial markets are adjusting to an environment where trade policy can change rapidly in response to geopolitical events.
Investors are closely monitoring tariff negotiations, bilateral agreements, and industrial policy as governments seek to strengthen domestic manufacturing while protecting strategic technologies and critical supply chains.
Why It Matters
The return of tariffs represents a fundamental shift in the global economic landscape. Trade policy is becoming an increasingly important instrument of national security, economic competitiveness, and geopolitical influence, with long-term implications for inflation, investment, and global growth.
Why It Matters to Foreign Currency Holders
Changes in global trade directly affect currency values, capital flows, and economic growth. As nations restructure supply chains and expand regional trade partnerships, currency investors are closely watching how these developments influence reserve currencies, cross-border payments, and international monetary cooperation.
Implications for the Global Reset
Pillar 1 – Trade
The continued rise in tariffs is accelerating the restructuring of global trade relationships, encouraging regional supply chains and reducing dependence on traditional globalization models.
Pillar 2 – Assets
Trade fragmentation is influencing global capital allocation as businesses and investors redirect investments toward domestic manufacturing, strategic industries, and critical infrastructure.
Closing Thoughts
The recent resurgence of tariffs suggests that globalization is entering a new phase, where economic security increasingly outweighs the pursuit of maximum trade efficiency. Governments are placing greater emphasis on resilient supply chains, domestic production, and strategic independence as geopolitical competition intensifies.
This is not just about tariffs—it reflects the ongoing restructuring of global trade, supply chains, and economic power as nations prepare for a more multipolar financial and geopolitical future.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Modern Diplomacy — Making Tariffs Trendy Again: The New Global Trade Battlefield
World Trade Organization — Trade Monitoring Reports and Global Trade Developments
~~~~~~~~~~
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The US Is Doing Exactly What The British Empire Did In 1921. The Final Economic Reset
The US Is Doing Exactly What The British Empire Did In 1921. The Final Economic Reset
Unfolded finance: 6-28-2026
In February 1921, Chancellor Robert Horne inherited a 7% Bank Rate, two million unemployed, and £4.7 billion in war debt owed to the United States.
Britain had three choices: default, devalue, or defend the pound through deflation and accept whatever pain that defense produced. The Treasury chose deflation.
The US Is Doing Exactly What The British Empire Did In 1921. The Final Economic Reset
Unfolded finance: 6-28-2026
In February 1921, Chancellor Robert Horne inherited a 7% Bank Rate, two million unemployed, and £4.7 billion in war debt owed to the United States.
Britain had three choices: default, devalue, or defend the pound through deflation and accept whatever pain that defense produced. The Treasury chose deflation.
The Geddes Committee was formed to slash government spending department by department, treating the cuts as discipline rather than decline. Nobody in that room believed they were choosing a multi-decade trajectory. They were wrong.
The 1925 gold standard return everyone remembers wasn't the mistake — it was just the formal confirmation of a path Britain had already locked in four years earlier.
America in 2025 carries $36 trillion in debt and just spent two years defending dollar credibility through rates held above 5%. The same three paths sit on the table: restructuring entitlement promises, accepting a managed dollar decline, or fiscal contraction defended as discipline.
A federal spending efficiency review launched in 2025 functions as a direct structural echo of the Geddes Axe — cutting across government department after government department to prove fiscal seriousness to markets asking the same uncomfortable questions Britain faced in 1921. The difference is scale.
Britain's 1921 mistake cost Britain a decade of unemployment. America's version, made from the center of the global financial system instead of its edge, doesn't stay contained to one country.
What You'll Learn:
▸ Why 1921, not 1925, was the actual turning point in Britain's postwar economic decline
▸ What the three real choices were — default, devaluation, or deflation — and why Britain's Treasury ruled out two of them before serious debate even began
▸ How the Geddes Axe became the formal expression of a decision that had already been made months earlier
▸ Why Britain's eventual 1925, 1931, 1949, and 1967 devaluations were all delayed consequences of the 1921 choice, not separate mistakes
▸ How America's 2025 federal spending review structurally mirrors the Geddes Committee's mandate and justification
▸ Why the same three-path decision tree — default, devalue, or defend through deflation — is currently running inside U.S. fiscal policy
▸ Why America's version of this decision carries global consequences Britain's 1921 choice never had to reckon with The Timeline:
1919 — Britain suspends the gold standard; pound begins floating freely for the first time in decades 1920
— Bank Rate raised to 7% to defend sterling's international value February 1921
— Unemployment crosses two million; Robert Horne becomes Chancellor of the Exchequer 1921
— Geddes Committee formed to identify deep cuts across government departments 1922
— Geddes Axe report delivered; education, police, and military spending slashed 1925
— Churchill returns the pound to gold at the prewar parity, confirming the path chosen in 1921 1931
— Britain abandons gold entirely; first devaluation the 1921 policy was meant to avoid 1949, 1967
— Further sterling devaluations; each one a delayed continuation of the same unresolved choice 2022-2024
— Federal Reserve holds rates above 5% to defend dollar credibility against inflation 2025
— Federal spending efficiency review launched; structural echo of the Geddes Axe begins Horne never believed he was choosing decline. He believed he was choosing discipline.
History stopped distinguishing between the two.
Sunday Iraq News Posted by Tishwash at TNT 6-28-2026
TNT:
Tishwash: Breaking | Entrances and exits to the Green Zone closed; footage circulating shows raids as part of a wide-ranging campaign launched by President al-Zaidi to pursue the big fish of corruption in Iraq.
Since the early hours of today (Sunday), videos and pictures have been circulating showing a heavy security presence and raids in the Green Zone in central Baghdad.
Activists and media accounts report raids and arrests carried out by elite forces led by Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi, with the support of the Iraqi judiciary, to arrest politicians accused of major corruption cases as part of ongoing investigations into some of those recently arrested
TNT:
Tishwash: Breaking | Entrances and exits to the Green Zone closed; footage circulating shows raids as part of a wide-ranging campaign launched by President al-Zaidi to pursue the big fish of corruption in Iraq.
Since the early hours of today (Sunday), videos and pictures have been circulating showing a heavy security presence and raids in the Green Zone in central Baghdad.
Activists and media accounts report raids and arrests carried out by elite forces led by Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi, with the support of the Iraqi judiciary, to arrest politicians accused of major corruption cases as part of ongoing investigations into some of those recently arrested
Iraqis followed the news of this surprise attack on the hornet's nest, which they thought would be a haven for those who had turned the Green Zone into a large prison, until the early hours of the morning.
Activists circulated the hashtag #TakeItOff, Your Excellency, in support of President al-Zaidi's arrest of the corrupt figures. An official government statement with details is expected. link
Another version
A security source reported on Sunday that special security forces were deployed inside the Green Zone in central Baghdad, coinciding with news of arrests targeting senior political officials and security personnel involved in corruption cases.
The source told Shafaq News Agency that special forces were deployed around a number of sensitive headquarters inside the Green Zone, with security measures being tightened at some entrances and roads leading to them.
He added that the security deployment coincided with information about arrests carried out according to judicial orders, targeting figures, officials and security personnel whose names appeared in files related to corruption and abuse of power.
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Tishwash: Mass Arrests in Baghdad’s Green Zone Amid Anti-Terror and Anti-Corruption Operation
In a joint anti-terror operation, the army and other security forces in Baghdad’s Green Zone arrested a number of current and former parliamentarians, political leaders, and advisors. Arrest warrants and travel bans were also issued for others.
Tension in the Green Zone
On Sunday morning, June 28, Baghdad’s Green Zone, home to government headquarters, foreign embassies, and residences of many officials, witnessed clashes between security forces and the guards of certain officials and parliamentarians, after years of relative calm.
https://twitter.com/Channel8English/status/2071155679260299315?s=20
Armed Confrontation During Arrests
Channel8’s Baghdad correspondent reported that during attempts to arrest several officials, armed confrontations broke out. The Green Zone became tense, some individuals with arrest warrants were detained, and the operation has not yet concluded.
Strict Security Measures
Channel8 also reported that in connection with the operation, strict security measures were imposed around the Green Zone. All entrances were closed to traffic, and large numbers of security forces were deployed across Baghdad’s streets.
Seizing Weapons and Confiscating Assets of Corrupt Officials
Iraqi PM Ali Faleh al-Zaidi stated that the operation aims to seize weapons held by the state and confront corruption. In recent months, Adnan Jumaili, a former Oil Ministry official, was arrested, and billions of dinars, houses, and properties were confiscated in Baghdad, Salahaddin, and Erbil.
https://twitter.com/Channel8English/status/2071128495980175521?s=20
Largest Anti-Corruption Operation in Iraq
Today’s operation is described as the largest ever against corruption in Iraq. For the first time, high-ranking officials and leaders, previously considered untouchable, have been arrested on corruption charges.
International Assessment of Corruption in Iraq
For years, Iraq has ranked internationally among the countries with the highest levels of corruption. This operation is seen as part of judicial and governmental efforts to hold senior officials accountable. link
Tishwash: The optimal weight of gold in foreign reserves: A look at the security and return equation
Dr. Haitham Hamid Mutlaq Al-Mansour
Calls to increase the share of gold in central banks' foreign reserves are made from time to time, particularly during periods of geopolitical instability, high inflation, and currency market volatility. These calls are often based on gold's historical status as a safe haven and a sovereign asset that retains its value in times of uncertainty.
However, managing foreign reserves cannot be based solely on choosing between "good assets" and "bad assets," but rather on defining the economic and monetary function of each asset within the reserve portfolio. Foreign reserves are not an investment portfolio aimed at maximizing profits, nor are they a store of wealth in the traditional sense. Instead, they are a tool of monetary policy designed to maintain monetary stability, strengthen confidence in the national currency, and provide the necessary external liquidity for intervention in the foreign exchange market and fulfilling international obligations.
For this reason, reserve management is based on three principles, ranked in order of priority: safety, liquidity, and return, not the other way around. Consequently, the evaluation of reserve components should be based on each asset's contribution to achieving these objectives collectively, not solely on the criterion of financial return.
In this context, gold performs a function radically different from that of government bonds, deposits, or securities. Gold represents a sovereign asset free from counterparty risk, as it is not dependent on the creditworthiness of any government or financial institution, nor is it linked to the possibilities of default, bankruptcy, or restructuring.
It also provides a high degree of protection in cases of instability in the international monetary system, escalating geopolitical risks, and a loss of confidence in reserve currencies. However, these advantages come at a clear economic cost.
Gold does not generate periodic cash flows, nor does it yield current returns; its returns are limited to capital gains. This is due to changes in its market value. Therefore, its contribution to the growth of foreign reserves depends entirely on gold price trends, which are characterized by a high degree of volatility and uncertainty.
In contrast, sovereign debt instruments and deposits with international financial institutions generate two types of returns: current returns in the form of interest or periodic returns, and capital returns derived from changes in their market prices. Furthermore, these instruments are highly liquid, easily reinvested, and have flexible maturities. Therefore, they constitute the primary source of income generated from foreign reserves at most central banks.
Therefore, the choice between gold and bonds is not a choice between two competing investment assets, but rather between two different functions within foreign reserves. Gold serves as a hedge against systemic and sovereign risks, while bonds and deposits serve to generate income and maintain operational liquidity. Substituting one for the other, therefore, disrupts the functional balance of the reserve portfolio.
Recent international developments, particularly the increased use of financial sanctions and the freezing of sovereign reserves, have demonstrated that the concept of a "safe asset" is no longer limited to low credit risk, but also encompasses independence from political and legal risks. This development has revived gold's status as a sovereign asset offering a degree of protection that traditional financial instruments cannot provide.
However, this does not justify increasing the relative weight of gold to levels that negatively impact the efficiency of foreign reserves. A higher gold content increases the market value of reserves to fluctuations in the gold market, reduces the average current yield, and diminishes the flexibility of liquidity management, particularly in economies that rely on foreign reserves to finance daily interventions in the foreign exchange market.
Therefore, the optimal decision is not to absolutely maximize or reduce the share of gold, but rather to determine the optimal strategic weight that achieves a balance between the functions of the various reserves, based on portfolio management models, stress tests, scenario analysis, and the risk structure faced by each central bank.
Therefore, this issue acquires added importance in the central bank's monetary policy, given the link between monetary stability and the stability of oil revenues, and the bank's reliance on foreign reserves to support exchange rate stability and bolster confidence in the dinar. Consequently, reserve management policy should be based on a long-term strategic perspective that balances liquidity, return, and hedging requirements, moving beyond short-term responses to fluctuations in gold prices or waves of optimism and pessimism in global markets.
In short, gold should not be viewed as an asset solely for maximizing returns, nor should bonds be considered a substitute for gold. Each has a distinct function within foreign reserves. The efficiency of reserve management lies in the ability to balance security, liquidity, and return, ensuring that each asset fulfills its role within an integrated risk management framework. Gold, in its essence, is not a tool for generating profit, but rather a means of ensuring the ability to maintain a nation's financial and monetary stability. link
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Tishwash: Iraqiji will be in Baghdad tomorrow... What does his visit hold?
Iranian Foreign Minister Abbas Araqchi will arrive in Baghdad on Sunday at the head of a high-level diplomatic delegation, on an official visit aimed at discussing bilateral relations and regional developments, coinciding with the continuation of political and security consultations between the two countries.
The Iranian Foreign Ministry stated in a statement followed by (Al-Mada) that Araqchi will head to Iraq at the head of a high-level diplomatic delegation to conduct a series of meetings with senior Iraqi officials.
In the same context, Mukhtar al-Moussawi, a member of the Foreign Relations Committee in the House of Representatives, said in a statement followed by (al-Mada) that Araqchi’s visit comes at an important time, and will include talks with Iraqi officials on developing bilateral relations and strengthening political, security and economic coordination.
He added that the visit's agenda includes discussions on joint security issues, cooperation in combating terrorism and organized crime, strengthening border control and preventing smuggling and infiltration operations, as well as following up on the implementation of security agreements signed between Baghdad and Tehran.
Al-Moussawi indicated that regional developments would be at the forefront of the discussions, particularly efforts to reduce tensions and end the war permanently, stressing that Iraq continues its diplomatic efforts to support dialogue and bring viewpoints closer together in a way that contributes to strengthening security and stability in the region. link
Seeds of Wisdom RV and Economics Updates Sunday Morning 6-28-26
Iran Strikes Bahrain and Kuwait as U.S. Expands Military Action Near Strait of Hormuz
The conflict between the United States and Iran intensified sharply on Day 121 of the war as Iran launched attacks targeting U.S. military facilities in Bahrain and Kuwait following a second consecutive day of American strikes along Iran’s southern coastline.
Overview
Iran launched missiles and drones toward U.S. military facilities in Bahrain and Kuwait after renewed American strikes near the Strait of Hormuz.
Regional tensions escalated as Bahrain activated emergency sirens and Gulf states condemned the attacks.
The latest violence is placing additional pressure on the fragile U.S.-Iran Memorandum of Understanding (MoU) and broader regional peace efforts.
Iran Strikes Bahrain and Kuwait as U.S. Expands Military Action Near Strait of Hormuz
The conflict between the United States and Iran intensified sharply on Day 121 of the war as Iran launched attacks targeting U.S. military facilities in Bahrain and Kuwait following a second consecutive day of American strikes along Iran’s southern coastline.
Overview
Iran launched missiles and drones toward U.S. military facilities in Bahrain and Kuwait after renewed American strikes near the Strait of Hormuz.
Regional tensions escalated as Bahrain activated emergency sirens and Gulf states condemned the attacks.
The latest violence is placing additional pressure on the fragile U.S.-Iran Memorandum of Understanding (MoU) and broader regional peace efforts.
Key Developments
1. U.S. Conducts Second Day of Strikes
The United States carried out a second round of military strikes targeting locations in Sirik, Bandar-e Lengeh, and Qeshm Island along Iran's southern coast.
According to U.S. officials, the attacks were launched in response to recent threats against commercial shipping near the Strait of Hormuz, one of the world's most important maritime energy corridors.
The strikes come as Washington continues efforts to maintain freedom of navigation through the strategic waterway.
2. Iran Responds With Attacks on Gulf-Based U.S. Facilities
Iran's Islamic Revolutionary Guard Corps (IRGC) announced it launched ballistic missiles and drones targeting the Ali Al Salem Air Base in Kuwait and the headquarters of the U.S. Fifth Fleet in Bahrain.
Tehran described the attacks as retaliation for U.S. military operations against Iranian territory.
A U.S. official told Reuters that no American casualties or significant damage had been reported at the time of publication.
3. Gulf States Move Into High Alert
Air raid sirens sounded across Bahrain as authorities instructed residents to seek shelter.
Kuwait confirmed its air defense systems were responding to what it described as hostile missile and drone threats.
Several Gulf nations, including Oman, Qatar, Kuwait, and the United Arab Emirates, condemned the attacks and voiced support for Bahrain.
4. Strait of Hormuz Remains Central Flashpoint
Iran continues to view the Strait of Hormuz as a strategic bargaining tool in negotiations with Washington.
Iranian analysts argue that maintaining leverage over the waterway serves as a deterrent against future military action.
The dispute over navigation rights and security arrangements remains one of the most difficult issues facing negotiators attempting to preserve the current peace framework.
5. Lebanon Agreement Faces New Challenges
While tensions escalated between Washington and Tehran, Israel and Lebanon moved forward with a U.S.-brokered framework agreement designed to reduce hostilities along their border.
Israeli Prime Minister Benjamin Netanyahu called the agreement a historic achievement and a significant setback for Iran and Hezbollah.
However, Hezbollah rejected the arrangement and declared the agreement invalid, creating new uncertainty about its implementation.
Why It Matters
The latest exchange of military action highlights how quickly the region could move from fragile diplomacy back toward broader conflict. Any prolonged disruption around the Strait of Hormuz could significantly impact global energy supplies, shipping routes, and financial markets.
Why It Matters to Foreign Currency Holders
Geopolitical instability often creates volatility across currency, commodity, and bond markets. Escalation in the Gulf region could influence oil prices, inflation expectations, central bank policies, and broader global financial conditions that currency holders continue to monitor closely.
Implications for the Global Reset
Pillar 1 – Energy
The Strait of Hormuz remains one of the most critical energy chokepoints in the world. Continued instability threatens global oil flows, transportation costs, and inflation trends.
Pillar 2 – Trade
Military activity near major shipping routes highlights the growing importance of secure trade corridors and may accelerate efforts to diversify global supply chains.
Closing Thoughts
The conflict has entered a dangerous new phase as both Washington and Tehran demonstrate a willingness to respond militarily while simultaneously attempting to preserve diplomatic negotiations.
Whether the current Memorandum of Understanding survives may depend on the ability of both sides to prevent further incidents from triggering a wider regional confrontation.
This is not just about military strikes—it reflects the ongoing struggle over energy security, trade routes, and geopolitical influence across one of the world's most strategically important regions.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Al Jazeera — Iran war day 121: Iran attacks Bahrain, Kuwait as US strikes near Hormuz
Reuters — Middle East Conflict Coverage and Gulf Security Developments
~~~~~~~~~~
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
~~~~~~~~~~
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Thank you Dinar Recaps
The Future of Gold, Money & Power: Alex Deluce & Frank Giustra
The Future of Gold, Money & Power: Alex Deluce & Frank Giustra
6-27-2026
Frank Giustra joins me for a wide-ranging discussion on what he believes is the biggest structural shift in the global monetary system in generations.
As central banks accumulate gold at record levels, sovereign debt reaches historic highs, and de-dollarization accelerates, Frank explains why the world is entering a new era—one where hard assets, monetary history, and geopolitical power are becoming increasingly intertwined.
The Future of Gold, Money & Power: Alex Deluce & Frank Giustra
6-27-2026
Frank Giustra joins me for a wide-ranging discussion on what he believes is the biggest structural shift in the global monetary system in generations.
As central banks accumulate gold at record levels, sovereign debt reaches historic highs, and de-dollarization accelerates, Frank explains why the world is entering a new era—one where hard assets, monetary history, and geopolitical power are becoming increasingly intertwined.
We discuss gold, the post-1971 monetary system, central bank buying, China, BRICS, stablecoins, copper, and why he believes investors are dramatically underestimating the scale of the changes taking place.
This conversation goes far beyond mining. It explores the future of money, the erosion of trust in fiat currencies, the rise of a multipolar world, and why Frank believes we're witnessing a structural transformation that could redefine global markets for decades to come.
If you're trying to understand where the global monetary system is headed and why gold and hard assets are becoming increasingly important this is a conversation worth watching.
Seeds of Wisdom RV and Economics Updates Saturday Eve. 6-27-26
SEC and CFTC Seek Public Input on Unified Margin Rules as Crypto Derivatives Expand
U.S. regulators have launched a joint review of portfolio margin rules, signaling a possible shift toward a more unified regulatory framework as digital assets and multi-asset trading continue to reshape financial markets.
Overview
The SEC and CFTC have opened a 60-day public comment period on harmonizing portfolio margin rules across securities and derivatives markets.
The proposal could expand cross-margining, improve capital efficiency, and reduce regulatory fragmentation.
The review reflects the rapid growth of cryptocurrency derivatives and increasing overlap between traditional and digital financial markets.
Key Developments
SEC and CFTC Seek Public Input on Unified Margin Rules as Crypto Derivatives Expand
U.S. regulators have launched a joint review of portfolio margin rules, signaling a possible shift toward a more unified regulatory framework as digital assets and multi-asset trading continue to reshape financial markets.
Overview
The SEC and CFTC have opened a 60-day public comment period on harmonizing portfolio margin rules across securities and derivatives markets.
The proposal could expand cross-margining, improve capital efficiency, and reduce regulatory fragmentation.
The review reflects the rapid growth of cryptocurrency derivatives and increasing overlap between traditional and digital financial markets.
Key Developments
1. Regulators Launch Joint Review
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are jointly seeking public feedback on modernizing portfolio margin requirements across securities and derivatives markets.
The agencies are requesting comments on cross-margining, collateral treatment, customer protections, risk management, liquidity, and competition. The public comment period will remain open for 60 days after publication in the Federal Register.
2. What Is Cross-Margining?
Cross-margining allows offsetting positions held across multiple markets or products to be evaluated together when calculating required collateral.
Instead of requiring separate margin for each position, regulators assess the overall risk of an investment portfolio, allowing firms to use capital more efficiently while maintaining appropriate risk controls.
Supporters argue this approach could unlock billions of dollars currently tied up as excess collateral.
3. Crypto Markets Are Driving Regulatory Change
The review comes as cryptocurrency derivatives continue expanding within regulated U.S. markets.
Recent developments include:
CFTC approval of Bitcoin perpetual futures on Kalshi.
Coinbase Financial Markets offering institutional clients access to regulated crypto options and perpetual futures through Deribit.
Kraken's launch of CFTC-regulated perpetual futures through its Bitnomial platform.
As crypto exchanges increasingly operate across both securities and commodity markets, regulators believe closer coordination is becoming necessary.
4. Challenges Remain
Despite growing adoption, regulators acknowledge that digital asset products do not always fit neatly within existing regulatory structures.
CFTC Chair Mike Selig recently noted that cryptocurrency perpetual futures are not a natural fit within many traditional commodity market frameworks, highlighting the need for updated regulatory approaches as financial products continue to evolve.
Why It Matters
A more unified regulatory framework could improve market efficiency, reduce regulatory overlap, lower collateral costs, and strengthen risk management across both traditional financial markets and digital asset trading. The review also signals continued cooperation between two of America's most important financial regulators.
Why It Matters to Foreign Currency Holders
Modernizing U.S. financial market infrastructure supports broader efforts to improve liquidity, settlement efficiency, and cross-market integration. These developments complement ongoing global initiatives involving digital assets, tokenization, and next-generation payment systems that many currency investors continue to monitor.
Implications for the Global Reset
Pillar 1 – Technology
Coordinated regulation reflects the continuing modernization of financial infrastructure as traditional markets increasingly integrate with digital assets and tokenized financial products.
Pillar 2 – Assets
More efficient collateral management and cross-market capital allocation could improve liquidity throughout global financial markets while supporting the continued institutional adoption of digital assets.
Closing Thoughts
The SEC and CFTC's joint initiative represents another important step toward modernizing U.S. financial regulation for an increasingly interconnected marketplace. While no rule changes have been proposed yet, the consultation demonstrates regulators' willingness to adapt longstanding frameworks to accommodate innovation while maintaining investor protections.
This is not just about margin rules—it reflects the continuing evolution of financial infrastructure as regulators prepare markets for a more integrated digital financial future.
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
Why America Should Get Rid of the Penny
Why America Should Get Rid of the Penny
And Maybe Some Other Coins, Too
By Kimberly Amadeo Updated on August 29, 2024
Leave a penny, take a penny. The ubiquitous one-cent coin has lots of fans and lots of detractors. For years it has cost more money to make a penny than the value stored in them, which gets smaller and smaller every year. (This is true for lots of U.S. coins.) Still, we just can't quit the penny, even if most of them seem to spend their days in jars and couches, rather than in our pockets where we might reach for them to pay for goods and services.
Consider these reasons why it's time we put away our pennies for good.
Why America Should Get Rid of the Penny
And Maybe Some Other Coins, Too
By Kimberly Amadeo Updated on August 29, 2024
Leave a penny, take a penny. The ubiquitous one-cent coin has lots of fans and lots of detractors. For years it has cost more money to make a penny than the value stored in them, which gets smaller and smaller every year. (This is true for lots of U.S. coins.) Still, we just can't quit the penny, even if most of them seem to spend their days in jars and couches, rather than in our pockets where we might reach for them to pay for goods and services.
Consider these reasons why it's time we put away our pennies for good.
Key Takeaways
A penny is only worth about half of what it costs to produce.
The U.S. Mint is profitable as an organization, contributing hundreds of millions of dollars to the Treasury every year. But the penny is a money loser for the Mint.
Picking up that found penny is not worth your time; the effort required returns less than what you'd earn making the minimum wage ($7.25 an hour).
9 Reasons to Get Rid of the Penny
Pennies don't buy as much as they used to: In 1913, a penny purchased more than a quarter does today (about 32 cents).1
Producing the penny costs taxpayers money: In 2023, each penny produced cost 3.07 cents to make and distribute.2 In 2023, the Mint made 4.1 billion pennies, costing taxpayers $127 million.2
Pennies are made of zinc and copper, and zinc can be harmful: Zinc's mining and industrial use has negative environmental and health impacts. During mining, smelting, and other industrial processes, zinc can leach into the soil, water, and air, and cause health concerns for those living nearby.
Some of the zinc for penny manufacturing is imported: In 2020, zinc imports added $1.3 million to the $310 billion U.S. trade deficit with China.3
Pennies are heavy to carry around: Each one only weighs 2.5 grams, but they add up.4 A dollar's worth of pennies would weigh 250 grams, or about half a pound. Consider that a $1 bill itself weighs just 1 gram.5
Making pennies is a money loser: While the U.S. Mint is a net contributor to the U.S. Treasury, producing pennies is a money loser for the Mint. In 2023, the nation lost $86 million making pennies.2
Pennies take up time at the cash register to count out: If time is money (see below), then pennies are not worth the time it takes to handle them.
The use of cash in retail transactions continues to decline: In 2023, cash was used for just 16% of in-person transactions. That's down from 26% in 2019. Credit cards top the list as the most used payment instrument, accounting for 32% of payments.6
Found pennies aren't worth the effort required to pick them up: The federal minimum wage is currently $7.25 an hour. At that wage, it takes five seconds of work to earn a single cent. If you took longer than that to pick up a spare penny found on the ground, your effort would be earning less than minimum wage.
Note
Getting rid of the penny will not be easy. To do so, Congress must enact a law that removes the penny from circulation. It must also direct the U.S. Mint, a bureau of the U.S. Treasury, to stop producing them.
Why We May Keep the Penny, Anyway
To Continue Reading More: https://www.thebalancemoney.com/get-rid-of-the-penny-4178219
Saturday Iraq News Posted by Tishwash at TNT 6-27-2026
TNT:
Tishwash: Al-Zaydi sets a date for filling ministerial vacancies
Prime Minister Ali Faleh al-Zaidi has set a date for filling the vacancies in the government formation.
Prime Minister Ali Faleh al-Zaidi told Sky News, according to a statement issued by his media office and received by Al-Sa’a Network, that “our visit to Washington is not a mere protocol visit, but rather represents a declaration of a new phase of partnership between Iraq and the United States, based on common interests and mutual respect.
In September, the international coalition forces will end their combat mission against ISIS and leave Iraq permanently.” He added, “We look forward in the next phase to the American presence being through economic, investment, and development partnerships.”
TNT:
Tishwash: Al-Zaydi sets a date for filling ministerial vacancies
Prime Minister Ali Faleh al-Zaidi has set a date for filling the vacancies in the government formation.
Prime Minister Ali Faleh al-Zaidi told Sky News, according to a statement issued by his media office and received by Al-Sa’a Network, that “our visit to Washington is not a mere protocol visit, but rather represents a declaration of a new phase of partnership between Iraq and the United States, based on common interests and mutual respect.
In September, the international coalition forces will end their combat mission against ISIS and leave Iraq permanently.” He added, “We look forward in the next phase to the American presence being through economic, investment, and development partnerships.”
He pointed out that "we want to move from the stage of military partnership to a sustainable economic partnership, and build an effective economic bridge between Iraq and the United States that achieves the interests of both peoples. We have directed the Ministries of Oil, Electricity and Communications to give priority to reputable American companies in the fields of energy, communications, technology and development," indicating that "the Ministerial Council for the Economy has taken important decisions related to major oil projects with international companies, including Chevron, Halliburton and HKN, in addition to giving them opportunities to work in new fields and exploration blocks."
He continued, “The telecommunications sector is moving towards a strategic partnership with Starlink, which will enhance the digital infrastructure in Iraq. We will discuss with the American side the Energy and Development Fund project, which will start from 500,000 barrels per day up to two million barrels per day, according to economic and production conditions, and perhaps outside the constraints of OPEC quotas.” He added, “Accounts will be opened for the fund in reputable American banking institutions, and its resources will be used in agreements with American companies, including electricity and infrastructure projects.”
He added that "the fund's financing could reach, over three decades, about $400 billion, with gradual growth linked to the performance of the projects and companies implementing them. Our goal is to rebuild the infrastructure that was damaged by investing these resources in development projects, and we are working to obtain a fair share for Iraq in oil production within OPEC in line with its capabilities."
He explained that "the current reality of Iraq is the result of accumulations that have extended over many decades. Since 1980, the country has entered a phase of great depletion, and huge resources have gone towards wars instead of construction and development."
He added that “because of the war of the 1980s, reconstruction projects stopped, infrastructure deteriorated, and Iraq was exposed to widespread destruction that affected infrastructure and the social system. It emerged from the war with losses, high debt, and economic decline. During the embargo period in the 1990s, Iraqi society was exposed to a deep humanitarian and economic crisis that affected various sectors.” He emphasized that “after 2003, Iraq faced the challenge of terrorism, and many Iraqi talents left the country.”
He pointed out that “Iraqis confronted ISIS in defense of their homeland, and at the same time they were fighting a battle to protect the security of the region and the world, with the support of the United States and friendly countries. Iraq was the first line of defense against terrorism, and the war against ISIS left behind great damage to infrastructure and huge economic losses,” indicating that “the United States is a strategic partner in Iraq’s development and economic plans.”
He pointed out that "the Arab Gulf states represent a historical, cultural and social depth for Iraq, and they are an element of strength. We believe in a policy of balance and openness with everyone. A strong state needs decisive decisions, and decisiveness is an essential part of a statesman's responsibility. Not being attached to the position gives the official strength to face challenges, and we are continuing to work to achieve our goals."
He continued, saying: “We held an in-depth dialogue with the armed factions, and we emphasized that the state is the unifying framework, and the presence of weapons outside its institutions cannot be accepted. The role of the factions in confronting terrorism cannot be denied, but the current stage requires everyone to move to working through the state and its institutions.” He explained: “I called on everyone to preserve their history and not allow their sacrifices to be lost, because our goal is to build a state and not just run a government.”
He explained: “We are working on preparing for an international conference entitled (The Sovereignty Conference), which affirms that the decision of Iraq is in the hands of the Iraqis, with an Iraq free of foreign forces and any armed formations outside the framework of the state,” adding that “as a result of the regional crises, Iraqi oil exports have declined to limited levels, and we are working to restore full export capacities.”
He explained: “We aspire to raise Iraq’s oil production to seven million barrels per day over the next three years, and we have informed American companies of this vision,” stressing that “our relationship with the Islamic Republic of Iran is based on good neighborliness, respect, and common interests, just as our relationship is with all countries in the region.”
He stressed that “Iraq does not accept dictates from any party, and the decision will always be in accordance with the interest of Iraqis first and foremost. Our direction is towards building a strong economic partnership with the United States based on the interest of Iraq, and not at the expense of any other party,” noting that “we do not follow a policy of axes or hostility, and Iraq wants to be an area of communication and stability, not an arena of conflict.”
He noted that "Baghdad welcomes hosting any dialogue that contributes to calming the region, including talks between the United States and Iran. Investigations have not indicated any attacks launched from Iraqi territory towards Saudi Arabia, and we have issued clear directives to prevent any future transgressions."
He added, "Our goal is to protect Iraq and its people, and after September 30th, we will present to the citizens the results of the government's work and achievements, not promises.We look forward to completing the filling of vacancies in the government formation within two weeks," noting that "within the government's program, we are working to provide one million residential plots prepared for citizens."
He stressed that “there is an old economy that is trying to continue, and a modern economy that we are working to build. We are moving towards a productive and developed economy, and we are working to establish the Development Fund with the participation of the Central Bank of Iraq and national funds, while opening the door to public subscription and regional and international partnerships.” He pointed out that “the projects of the Development Fund will be financed according to the needs of the market, which will contribute to stimulating the economy and creating job opportunities.”
He explained: “We started confronting corruption through legal procedures, and we stopped a large part of the waste, and we recovered funds through official frameworks. Corruption in Iraq is a phenomenon that starts from small levels and extends through a system of bribery and favoritism, and addressing it requires comprehensive and continuous reform.” He emphasized that “we formed a central committee to review contracts that exceed 25 billion dinars in value, to audit them and ensure the integrity of their financial estimates, and to prevent exaggeration in estimated costs.”
He concluded that "the Cabinet approved referring a draft law to the House of Representatives to form a body for prior oversight and auditing in all ministries and state institutions, which will enhance transparency and governance procedures and raise the efficiency of public finance management." link
Tishwash: Three delegations from Kurdistan are heading to Baghdad to resolve financial and administrative issues.
Three high-level government delegations from the Kurdistan Region are scheduled to travel to the federal capital, Baghdad, early next week as part of their ongoing efforts to resolve a number of outstanding financial and administrative issues between Erbil and Baghdad, and to guarantee the constitutional rights of the region's citizens.
Kurdistan 24's correspondent in Baghdad reported that the first delegation, representing the financial side of the regional government, will hold an expanded meeting with the federal Ministry of Finance next Sunday.
The delegation will focus its discussions on reconsidering the mechanism for calculating non-oil revenues and demanding that Baghdad reduce the amount of 120 billion dinars deducted monthly, based on the technical reports approved by the Iraqi Financial Control Bureau, which clearly indicate a decrease in these revenues, which requires urgent action to ensure the continuity and smooth funding of the salaries of the region’s employees without any obstacles.
In a parallel track, on Sunday an official delegation from the Ministry of Martyrs and Anfal Affairs in the regional government will also head to Baghdad for a five-day visit. The delegation will hold a series of meetings with the General Authority for Political Prisoners in the federal government, aimed at signing an official agreement stipulating the equality and matching of salaries and entitlements of the families of martyrs and Anfal victims in the region with their counterparts in the center, in order to do justice to this sacrificing segment and increase their financial entitlements legally.
Regarding the regulation of trade and border crossings, a third technical delegation will head to the capital, Baghdad, next Monday, tasked with finalizing the technical procedures for implementing the global electronic system “ASYCUDA” for customs at the region’s border crossings.
Through this step, the delegation seeks to sign the final agreement to unify and coordinate customs fees and procedures between the region and the center in accordance with the latest applicable international standards.
Through this extensive diplomatic and administrative movement, the Kurdistan Regional Government affirms its full commitment to the path of constructive dialogue and legal solutions, in order to overcome all technical and financial obstacles in a way that serves the public interest and ensures the living stability of citizens. link
************
Tishwash: Why are investors hesitant? An expert reveals the obstacles hindering the investment boom in Iraq.
Economic expert Saleh al-Khafaji asserted on Friday (June 26, 2026) that "several key factors are preventing Iraq from achieving a genuine leap in foreign investment, despite the availability of vast and diverse opportunities."
Speaking to Baghdad Today, al-Khafaji stated, "Iraq boasts promising investment opportunities across multiple sectors, not limited to the energy sector (oil and gas), but extending to housing, industry, and agriculture. Furthermore, its strategic geographic location could contribute to the development of industrial and pharmaceutical sectors capable of exporting to the Middle East."
He added, "While the initial foundations for attracting investment are present, several factors are discouraging many companies and investors from entering the Iraqi market. These include bureaucratic procedures, the pervasive corruption that hinders any progress in this direction, and the nature of the political disputes and problems that arise periodically."
Al-Khafaji pointed out that "capital needs a stable and calm environment with all the necessary support, especially regarding the banking infrastructure." He explained that "the banking environment in Iraq is still lagging behind other countries in terms of developing its operational mechanisms, which requires serious attention to this issue."
He clarified that "the factors for attracting investment and achieving a real leap in foreign investment are numerous and interconnected. Despite this, some companies and investors have taken the plunge and achieved successes, but these remain contingent on patience and navigating the existing complexities and problems."
Al-Khafaji emphasized that "the most significant obstacles to investment are corruption and the bureaucratic hurdles imposed by some corrupt individuals within institutions to extort money in exchange for granting approvals."
He noted that "many investors complain about these practices, which necessitates finding mechanisms to facilitate their work and send genuine reassurances."
The economic expert concluded by stressing that "the volume of foreign investment in Iraq is substantial, but more than 90% of it is concentrated in specific sectors, primarily the energy sector. This necessitates diversifying the investment environment and attracting capital to other sectors." link
Seeds of Wisdom RV and Economics Updates Saturday Morning 6-27-26
Good Morning Dinar Recaps,
US-Iran Ceasefire Under Pressure as Hormuz Strikes Threaten Peace Agreement
Fresh military exchanges between the United States and Iran have placed the recently signed Memorandum of Understanding (MoU) under renewed strain, raising concerns that the fragile 60-day peace process could unravel before a permanent agreement is reached.
Good Morning Dinar Recaps,
US-Iran Ceasefire Under Pressure as Hormuz Strikes Threaten Peace Agreement
Fresh military exchanges between the United States and Iran have placed the recently signed Memorandum of Understanding (MoU) under renewed strain, raising concerns that the fragile 60-day peace process could unravel before a permanent agreement is reached.
Overview
New military strikes between the U.S. and Iran have raised questions about the durability of the 60-day peace framework.
Control of the Strait of Hormuz remains the central point of contention as both sides seek strategic leverage.
Analysts warn that continued escalation could jeopardize negotiations aimed at restoring long-term regional stability.
Key Developments
1. Military Exchanges Test the Ceasefire
The U.S. military said it carried out strikes against Iranian missile, drone, and radar facilities after a commercial vessel in the Strait of Hormuz was reportedly attacked. Washington argued the strikes were intended to protect international shipping and enforce freedom of navigation.
Iran rejected the U.S. justification, calling the attacks a violation of the Memorandum of Understanding and responded with retaliatory strikes against U.S. military positions in the region. Bahrain also reported an alleged Iranian drone incident, highlighting the widening regional tensions.
2. Strait of Hormuz Remains the Key Dispute
At the center of the disagreement is control over the Strait of Hormuz, one of the world's most critical energy shipping lanes.
Iran maintains that, as a coastal state, it has sovereign rights over navigation management and has sought a greater role in regulating commercial traffic. The United States insists the waterway must remain open under international law without tolls or restrictions.
Although the interim agreement temporarily guarantees free commercial passage during the 60-day negotiation period, both sides continue to disagree over what long-term arrangements should look like.
3. Negotiations Continue Despite Rising Risks
The preliminary agreement signed earlier this month established a 60-day window for negotiators to pursue a broader peace settlement covering:
Regional security
Maritime navigation
Nuclear oversight
Long-term sanctions relief
Despite the latest military confrontation, officials from both governments have indicated they intend to continue negotiations, while mediators from Qatar and Pakistan remain engaged in facilitating dialogue.
Analysts caution, however, that additional military incidents could quickly overwhelm diplomatic progress.
4. Why the MoU Faces Growing Pressure
Several analysts believe the agreement remains highly fragile.
Some point to disagreements over enforcement of maritime security provisions, while others note continuing tensions involving Israel, Lebanon, and Hezbollah complicate the broader regional environment.
Although communication channels established during the Switzerland talks remain open, both Washington and Tehran continue to accuse each other of violating the spirit of the agreement.
Why It Matters
The current confrontation demonstrates how difficult it will be to transform a temporary ceasefire into a lasting diplomatic settlement. Even isolated military incidents now carry the potential to disrupt negotiations, impact global energy markets, and increase geopolitical uncertainty.
Why It Matters to Foreign Currency Holders
Regional stability directly affects global financial markets. Progress toward a durable U.S.-Iran agreement could reduce geopolitical risk, stabilize oil markets, improve investor confidence, and support broader international financial reforms that many global currency observers continue to monitor.
Implications for the Global Reset
Pillar 1 – Energy
The Strait of Hormuz remains one of the world's most important energy corridors. Any disruption influences global oil prices, inflation, shipping costs, and economic stability.
Pillar 2 – Trade
Secure maritime trade routes are essential to global commerce. Continued instability could accelerate efforts to diversify supply chains and strengthen alternative trade corridors.
Closing Thoughts
While diplomacy remains active, the latest exchange of strikes illustrates just how fragile the current peace process remains. The coming weeks will likely determine whether the interim agreement evolves into a broader regional settlement—or whether renewed military escalation derails negotiations before a permanent accord can be reached.
This is not just about a ceasefire—it reflects the ongoing struggle to reshape security, energy flows, and international trade across one of the world's most strategically important regions.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Al Jazeera — US-Iran trade strikes: What to know, will it unravel the MoU?
Reuters — Middle East coverage and Strait of Hormuz developments
~~~~~~~~~~
🌱 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
~~~~~~~~~~
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