Iraq Economic News and Points to Ponder Saturday Afternoon 2-8-25

Trump Sanctions Send Iranian Currency To Biggest Collapse In 46 Years

08/02/2025  Mawazine News – Economy  Iranian markets witnessed a record collapse of the local currency, the largest in 46 years, as the US dollar jumped by 3,000 tomans to reach 89,000.

This decline comes in light of US President Donald Trump’s return, last Tuesday, to the “maximum pressure” policy against Tehran, which exacerbated the economic crisis and directly affected the foreign exchange market and gold prices, and was followed by the US Treasury imposing sanctions on Iranian oil exporters.

Gold prices also recorded a significant increase in Iran, amid these fluctuations.
According to exchange centers, the euro reached 91,200 tomans, while the British pound reached 111,800 tomans, representing the largest collapse of the Iranian currency since 1979 against the US dollar.

It is noteworthy that at the beginning of the current Iranian year, on March 21, 2024, the dollar was at around 61,000 tomans, reflecting a rapid deterioration in the value of the currency within a short period
https://www.mawazin.net/Details.aspx?jimare=259442

The Historic Resource Shift: Redefining A Country's Key Resources Or Inevitable Collapse

Abbas Karim Saddam 

First: Loss Of The Economic Value Of The Single Resource

Iraq is a rentier country that relies on a single source of income, and oil will begin to lose its economic value before 2050, i.e. after 25 years.

Not to mention its depletion, which represents the greatest danger, although it is remote and depends on many factors, but in the best forecasts it will not exceed 100 years, and this is not important at the current stage, as the debate now is about the loss of its economic value, not its depletion. Over the past century, oil has played its role as one of the most important drivers of the global economy and a major source of energy.

However, this role has begun to witness a clear decline due to the rapid changes in the global economic and technological landscape.

The International Energy Agency forecasts that by 2030 demand will decline significantly, while OPEC reports indicate that it will remain a major energy source until 2045. In any case, it will not be the only and major source of energy as it is now, and therefore demand will decline significantly.

In any case, it will certainly lose its economic value before these periods of time, whether optimistic or pessimistic. The bottom line is that the abundant returns currently achieved cannot be achieved in the very near future, and the loss of its dominant economic position has become a dangerous reality for several reasons supported by facts and indicators:

1. The rapid growth of renewable energy sources:

According to the International Energy Agency (IEA) 2023 report, renewable energy sources such as solar and wind are expected to account for 35% of total global energy production by 2030. This shift is driven by a more than 70% drop in the cost of renewable energy production over the past decade, making it more competitive than oil.

2. Global policies to reduce carbon emissions:

More than 130 countries have committed to achieving carbon neutrality by mid-century, putting oil in the crosshairs of anti-fossil fuel policies. For example, several major economies such as the European Union and China are phasing out fossil-fuel vehicles over the next two decades.

3. Oil price volatility and slow demand:

OPEC data suggests that oil prices are becoming more volatile as a result of declining global demand and changing economic priorities. Slowing population growth in many developed and emerging countries is reducing the need for traditional fuels.

4. Directing investments towards clean technologies:

Global investments in clean energy are set to reach around $1.7 trillion in 2023, surpassing investments in the oil and gas sector for the first time.

5. Energy storage innovations:

Energy storage technologies such as batteries have made a huge leap, with their cost falling by more than 80% since 2010, making renewable energy more viable.

The figure below shows the decline in reliance on crude oil as the sole energy source and the rise of other competing alternatives, and the gap is still growing.

While oil still retains some economic importance today, its future looks uncertain in light of the ongoing transformations. The world is moving steadily towards a carbon-free economy based on sustainable sources, which means that oil may no longer be the primary driver of the global economy it once was. Companies and countries that invest now in clean energy and future technologies will be the winners of this historic transformation.

Second: Increase In Public Spending In The General Budget

In light of these increasing risks that threaten the only source of income, Iraq is still a country that consumes everything and produces nothing, and the consumption bill is increasing annually, in addition to the change in the consumption pattern that necessarily imposes an increase in consumption as well, meaning that the size of spending in the general budget is constantly increasing with or without our desires, in addition to the steady increase in population.

The chart below shows two facts: the first is the extent of the increase in spending over the years, and the second is the degree of its association with fluctuations in crude oil prices, as Iraq witnessed two severe crises due to the decline in prices, in 2014 and what followed, when Iraq was forced to implement austerity policies that reflected a severe recession in local markets in addition to popular anger due to the increasing pressures, and the other in 2019 and what followed due to the Corona crisis.

In both crises, the savior to restore economic activity to normal was the rise in oil prices again, meaning that the crisis had extended for a longer period, the situation would have been very difficult, and unfortunately we did not seize the risks imposed by the fluctuations to carry out real reforms, and the figure below shows The amount of spending increases annually.

Although Iraq mainly focuses on exporting crude oil, there are some other commodities that it also exports, although the volume of their exports does not reach the level of oil exports. The following are the most prominent commodities that Iraq exports:

2.Agricultural products:

Dates: Iraq is one of the largest producers of dates in the world and exports large quantities to the Gulf countries and Europe.

Fruits and vegetables: Exports include watermelons, tomatoes, grapes and cucumbers, and are mainly exported to neighbouring countries.

3. Animal products:

Meat: Iraq exports meat and some animal products to the markets of neighboring countries, such as Saudi Arabia and Jordan.

Eggs and dairy products: Limited exports compared to other countries, but contribute to the diversity of Iraq's non-oil exports.

4. Manufacturing industries:

Chemical products: This includes fertilizers, pesticides and some chemicals that Iraq produces locally.

Plastic Products: Iraq exports some locally manufactured plastic products, such as plastic bags and other supplies.

Metal products: such as iron wires and other metals used in construction and heavy industries.

5. Textiles and clothing:

Iraq has a relatively small textile industry, but some fabrics and clothing are exported to countries in the region.

6.Wood products:

It includes the export of furniture and manufactured wood products in Iraq, but its volume is still limited compared to other exports.

The figure below shows the Iraqi economy's dependence on crude oil and the differences between it and other exported commodities.

Third: Non-Oil Trade Deficit

Despite the export of these products, they do not represent an influential value in the general budget or the local economy, as the non-oil trade balance is witnessing a long and continuously widening deficit. Despite the increase in exports in recent years, the gap is still increasing due to the increase in imports as well, which constitutes pressure.

The trade balance deficit is due to many well-known reasons, including the heavy reliance on imports, weak economic diversification, weak local infrastructure, trade policies, the impact of political and security crises, the difficulty of attracting foreign investments to develop non-oil sectors, the weakness of the agricultural and industrial sector, and the decline in the competitiveness of non-oil exports. The trade deficit leads to several results that negatively affect the economy, the most important of which are:

1. Increasing dependence on oil revenues: The non-oil trade deficit leads to a deepening dependence on oil as a primary source of hard currency, which exposes the economy to the risks of global oil price fluctuations. In the absence of economic diversification, the Iraqi general budget is sensitive to any decline in oil prices.

2. Pressure on foreign exchange reserves: To finance imports and cover the deficit, Iraq relies on its foreign exchange reserves, which leads to the depletion of these reserves, which then leads to a weakening of confidence in the economy and increases the risks of exchange rate volatility.

3. Increase in external debt: Assuming the absence of income generated from the sale of crude oil or the loss of part of it, the trade deficit pushes the government to borrow externally to finance imports and bridge the gap between exports and imports. As a result, the accumulation of debt weakens Iraq’s ability to invest in productive sectors and increases the burden of debt service in the future.

4. Effects on the private sector: The influx of imported goods at low prices leads to unfair competition with local products, which weakens local industry and agriculture, closes local factories and increases unemployment as a result of the decline in competitiveness.

5. Deterioration of the exchange rate: The continued deficit weakens the Iraqi dinar against foreign currencies as a result of the increasing demand for the dollar to pay the import bill, and then the process of defending the stability of the exchange rate leads to the erosion of foreign reserves.

6. Weak economic growth: The trade balance deficit reflects an imbalance in local production, which reduces the contribution of non-oil sectors to economic growth. As a result, reliance on imports limits the development of local productive sectors.

8. Economic instability: The persistent deficit undermines financial and economic stability, making the country more vulnerable to economic and political shocks, and lowers confidence in the economy, leading to a reduction in the flow of foreign and domestic investment.

9. Loss of job opportunities: The weakness of local productive sectors due to reliance on imports leads to a reduction in job opportunities in the industrial and agricultural sectors, and the increase in unemployment increases social and economic challenges. The figure below shows the non-oil trade balance and the widening deficit gap.

Fourth: Available Opportunities
`
Despite this pessimistic outlook, we still have a chance to change the future if we start working now, as we are in a race against time to save our future generations, which requires first understanding the risks facing the country’s future and taking them seriously.

The process of diversifying the economy to create sectors capable of generating income sufficient for consumption with the advent of an era in which oil loses its economic value, i.e. sectors capable of achieving the same level of income that meets the natural needs of the population, is not an easy task, as these sectors must achieve the same returns that suffice the operational needs of the population and the investment needs of the state.

To start creating these sectors, we need time, at a time when we have not yet provided the basics. In order to ensure that these sectors are capable of achieving this level of income, we need years to test, modify, develop and enhance them to ensure their ability to generate this income. The reader can imagine the time that this requires.

Below is a set of solutions that depend on changing the state’s philosophy in view of its main resources, capable of creating economic diversity through a combination of state resource intervention and support for the business sector, relying on the country’s available human resources:

Redefining resources at the level of the Iraqi state, instead of relying on oil as a primary resource, to focus on the human resources that Iraq is distinguished by, as the population structure is concentrated in the youth category as a primary resource for the country.

A revolution in legislation that serves the business sector to build a strong local business sector that contributes to achieving diversity and is able to absorb the country’s young capabilities.

Exploiting the enormous young human energy and transforming them into businessmen capable of contributing to creating diversity instead of employees whose wages are added to the total spending bill.

Modifying labor market inputs to match the jobs required in the market, and adopting global markets as a criterion for modifying inputs. This requires modifying university specializations or intensive systematic training of current capabilities to make them suitable for the next stage.

Encouraging leading companies in the local economy to establish effective business incubators to discover opportunities for added value.

Establishing state-owned business incubators with high financial capabilities managed in a private sector manner to finance projects that private incubators are unable to finance.

Establishing sovereign funds that focus on investing in vital local sectors and carrying out projects described as Mega Projects to give a strong boost to the economy and create diversity and job opportunities.

Identifying the economic sectors that are appropriate for the Iraqi economy and focusing on them, and asking important questions such as which goods to meet local consumption and which to export? Which goods do we import? Which are the target markets? To build a plan based on our comparative advantages in view of other markets.

Implementing the concept of "development from within", which refers to the use of local financial resources to achieve economic and social development and exploit financial abundance by focusing on mobilizing national resources and benefiting from local capabilities to finance development projects.

By mobilizing local resources and utilizing them efficiently. These resources include crude oil revenues, taxes, national savings, and private sector investments.

The most important objectives of financing development from within are to achieve financial independence, as it reduces dependence on external loans, which gives countries the ability to control their economic policies, stimulate sustainable growth, contribute to building a strong and sustainable economic base based on local resources, increase employment, enhance local industries, as well as harness the financial abundance available to a country to serve development.

Sources of financing development from within are represented by oil revenues, which are the most important source of financing development, as financial abundance provides an exceptional advantage to achieve a high level of development, and the tax system: Improving the tax system to achieve revenues from individuals, companies and the private sector:

Stimulating private investments in development projects by improving the business environment and reducing bureaucratic obstacles, and this is done through a package of legal legislation that helps businesses grow.

Restructuring the public sector and privatizing public companies with the aim of transforming them into profitable companies that create added value, in addition to getting rid of their spending bills.

Promoting the country abroad in a systematic and focused manner and rebuilding a new impression of security stability and the availability of important investment opportunities and major opportunities to achieve exceptional profits, which will encourage companies to come to Iraq and rethink establishing large projects. This requires serious work from the Ministry of Foreign Affairs.

Developing the banking sector to make it effective and capable of creating cash flow within the economy by attracting local or foreign deposits and re-employing them through effective lending policies.

These are dangers that threaten us and our future generations, and we must be alert to them. If we do not start seriously today, understanding the dangers surrounding the country, its future will not be better than the worst African country, and this is certain.

The challenges are serious and dangerous at the same time, and they require serious and real work. Starting now in a random manner is better than starting tomorrow in an organized manner, and we do not know when this “tomorrow” will come!   https://economy-news.net/content.php?id=52611

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

Seeds of Wisdom RV and Economic Updates Saturday Afternoon 2-8-25

Good Afternoon Dinar Recaps,

COINBASE TO FACE LAWSUIT OVER UNREGISTERED SECURITIES SALES, JUDGE RULES

Coinbase said the judge’s opinion “narrowed the scope of discovery in this case,” adding, “We look forward to vindicating the remaining claims” in court.

A US federal judge has rejected Coinbase’s argument that it does not meet the definition of a “statutory seller” under federal law, forcing the cryptocurrency exchange to face an investor lawsuit in the state of New York.

According to a Feb. 7 Reuters report, US District Judge Paul Engelmayer has compelled Coinbase to face plaintiffs’ allegations that it sold securities without registering as a broker-dealer. Specifically, the plaintiffs accused Coinbase of selling 79 cryptocurrencies that were securities without proper registration.

As Cointelegraph reported, the class-action lawsuit was initially dismissed in the District Court of Southern New York in February 2023. However, the Circuit Court of Appeals revived parts of the lawsuit more than one year later.

As Reuters reported, Judge Engelmayer said that “customers on Coinbase transact solely with Coinbase itself,” which suggests that the exchange was a seller.

In a written response to Cointelegraph, a Coinbase spokesperson said:

“Coinbase does not list, offer or sell securities on its exchange. Today’s opinion importantly narrowed the scope of discovery in this case, which is significant. We look forward to vindicating the remaining claims in the district court.”

Ongoing lawsuit with the SEC

Coinbase has been mired in a lawsuit with the US Securities and Exchange Commission since June 2023, when the regulator accused the exchange of operating an unregistered securities platform and failing to register as a broker.

In January, Coinbase asked a US appeals court to rule that cryptocurrency trades are not securities. In the filing, Coinbase argued that trades facilitated on its platform should not be classified as securities trades “but asset sales of digital assets rather than physical ones.”

Coinbase has also sued the SEC and Federal Deposit Insurance Corporation for allegedly attempting to “cut off digital-asset firms from essential banking services.” The exchange also alleged that both agencies failed to comply with Freedom of Information Act requests.

Coinbase plays a major role in the US cryptocurrency market. It’s not only the country’s largest crypto exchange by trading volume but is also the largest custodian for the US spot Bitcoin exchange-traded funds.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

PETER SCHIFF SLAMS BITCOIN SUPER BOWL AD, SPARKS DEBATE

Peter Schiff criticized a Bitcoin Super Bowl ad, accusing it of false advertising for claiming Bitcoin is backed by energy.

He argued Bitcoin neither stores nor can be redeemed for energy, urging FTC intervention. 

In response, Dan Victor, CFA, highlighted that Bitcoin relies on decentralized computing power, which requires energy. 

Schiff dismissed this as semantics, asserting Bitcoin resembles fiat currency, backed by faith rather than tangible assets like gold. 

This sparked renewed debate over Bitcoin’s intrinsic value, especially as mainstream promotions like Super Bowl ads amplify crypto’s reach.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

Gold Shortage Coming? Why $82 Billion Left London Ahead of Trump Tariffs

Gold Shortage Coming? Why $82 Billion Left London Ahead of Trump Tariffs

Daniela Cambone:  2-7-2025

A dramatic shift is occurring in the global gold market as a significant amount of bullion, estimated at $82 billion, is being withdrawn from the vaults of the Bank of England and shipped across the Atlantic to New York.

This exodus raises questions about the stability of London as a gold trading hub and highlights growing anxieties surrounding potential trade disruptions.

The primary driver behind this movement appears to be the looming threat of new tariffs on gold imports into the United States. According to veteran gold market analyst Adrian Day, as interviewed by Daniela Cambone on ITM Trading, the fear is that a future Trump Administration could impose hefty tariffs on gold coming from Europe and Britain.

“No one wants to import gold from Europe or Britain… if there’s a 10 or 20 or 30 percent tariff, no one’s going to do that,” Day explained.

Traders are preemptively relocating their gold reserves to the U.S. in anticipation of these potential levies, effectively stockpiling the precious metal within American borders.

This mass migration could temporarily create premiums due to supply and demand imbalances. However, Day emphasizes that this is likely a short-term phenomenon and won’t fundamentally alter the long-term demand or price of gold.

He believes that more significant drivers are at play, including continued central bank buying, robust consumer demand from China, and the potential for a weakening U.S. dollar. These factors, he argues, will continue to underpin gold’s value regardless of short-term tariff-related fluctuations.

While Day believes the tariff-driven gold shift is a noteworthy development, he is far more concerned about the overall health of the U.S. stock market.

He paints a concerning picture, stating that the market is in a “very dangerous situation” with what he describes as “the worst breadth in its history.” This suggests a growing divergence between the performance of a few mega-cap stocks and the overall market, potentially indicating a bubble waiting to burst.

The current gold rush from London to New York, fueled by fears of impending tariffs, underscores the sensitivity of global markets to political uncertainty and potential trade wars.

While the shift may create temporary market distortions, experts like Adrian Day believe that the long-term fundamentals driving gold demand remain strong. However, his warnings about the U.S. stock market’s fragility should serve as a reminder that macroeconomic risks extend beyond the precious metals market.

The coming months will be crucial in determining whether these fears materialize and how the global economy will respond.

https://youtu.be/w6sQ91pboIw

News, Rumors and Opinions Saturday 2-8-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 8 Feb. 2025

Compiled Sat. 8 Feb. 2025 12:01 am EST by Judy Byington

Judy Disclaimer: Please be aware that I can only report the news as I find it, try to credit articles with their original author and am not responsible for the content, which may or may not be true. I encourage you to do your own research and make up your own mind as to what is happening in this great War of Good Against Evil.

Global Financial Crisis:

Fri. 7 Feb. 2025 A retired international banker: “All the big banks, including all international Central Banks, are broke because of fractional banking. They lend out fiat money. They manipulate interest rates on their fiat money. If we did what they commonly do, we’d be in jail.”

~~~~~~~~~~

Rumors:

Fri. 7 Feb. 2025: BREAKING NEWS! NESARA and GESARA Are Here: The Global Financial Reset is Happening NOW! …The 17th Letter on Telegram

Patriots, the moment we’ve been waiting for is upon us. NESARA and GESARA are no longer just whispers—they’re happening right now. The global elite who’ve enslaved us for centuries are crumbling, and a massive wealth redistribution is imminent. The new world order they tried to impose is falling apart, and a new era of freedom and prosperity is dawning.

The Financial Collapse: Banks Crumble, CEOs Resign: Look around—Silicon Valley Bank collapses, financial markets are in chaos, and top CEOs are resigning by the dozens. This isn’t random; it’s the dismantling of the corrupt financial system.

NESARA is draining the swamp, and the Federal Reserve’s time is up. They’re desperately pushing Central Bank Digital Currencies (CBDCs), but it’s too late.

 The NESARA-backed, gold-standard US Treasury system is ready to take over, and the old dollar will soon be history.

New Currency on the Horizon: Rainbow Notes Are Here: Have you seen those strange “special edition” bills? That’s (allegedly) the new Rainbow Currency, quietly being tested across the country. These gold-backed notes are part of NESARA’s plan to wipe out fiat currency and usher in a new era of financial security. The dollar as we know it is about to be replaced—get ready.

Wealth Redistribution: Prosperity for All: The biggest bombshell? The Prosperity Fund. Massive wealth redistribution is coming. Debt forgiveness is already starting, tied directly to the Global Currency Reset and Revaluation (GCR-RV). Soon, every person on this planet will be debt-free, with enough wealth to live freely.

The Revolution Is Here: Prepare Yourself: NESARA and GESARA are transforming the world. The signs are everywhere—bank collapses, CEO resignations, new currencies, and a technological revolution. The global cabal is terrified, but they can’t stop what’s coming. NESARA is inevitable, bringing freedom, peace, and prosperity to every corner of the globe.

Share this message, prepare for change, and step into a world where we, the people, hold the power. The revolution is here—let’s be on the right side of history!

Read full post here:  https://dinarchronicles.com/2025/02/08/restored-republic-via-a-gcr-update-as-of-february-8-2025/

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

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

Militia Man  Article: "Exceptional efforts made by the ministry in coordination with government agencies to hold a 3rd round of negotiations for Iraq's assassin to the World Trade Organization after 16 years as Iraq submitted files for goods and services and reviewed economic reforms..."  I think you guys can get the picture.  If the United States thinks the security and stability is going to be good, they're going to be there. 

Fnu Lnu  [Reference Fnu Lnu 2-6-2025 post below]  The Iraqis should be proud of achieving this [international level of cross border training] status as it is the last of the reforms and the last of many. Such a kickstart and renovation of a nation that has been so far behind the rest of the world has never been attempted before.   It has been a long arduous challenge and the diligence of many brilliant people will very soon bring forth the moment we have all been awaiting. In my 14 years of being involved in this investment...I have never been so pleasantly enlightened and uplifted about our impending success.

Shocking TRUTH About U.S. Debt Revealed

George Gammon:  2-7-2025

https://www.youtube.com/watch?v=vNLkYDliRw8

SILVER ALERT! Silver Has Never Been Closer to BLASTOFF!! Now it's Physical Silver ONLY!!

(Bix Weir)  2-7-2025

This month the COMEX Silver contract will deliver on more physical silver contracts than any previous "Non-Delivery Month" in history! Also, in about 8 days India will announce that a MASSIVE amount of physical silver was imported into India in January 2025. All the signs are there for a Silver BLASTOFF/MOONSHOT!

https://www.youtube.com/watch?v=2vKYAx5Gk30&t=10s

Weekend Coffee With MarkZ 2-8-2025

Weekend Coffee With MarkZ   2-8-2025

MarkZ  Update- Some highlights by PDK-Not verbatim

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

MZ: We start today with the CBD Guru’s fellows for the first 45 minutes and then tackle the news.

Member: Good Morning everyone

Member: Sure would like to see that debt jubilee happen about now

Member: .. a true Jubilee was every 50 years ... all business was setup accordingly ... it was a scheduled date 50 years in advance ... it was a multi-year celebration ... & strict laws concerning it ...

MZ: I am hearing a lot of fun stuff from Iraq and from groups. Expectations are through the roof right now.

MZ: I am hearing the liquidity has been released and More groups right now are sending people to execute payments ect…in the western direction right now -towards Reno. ..These contacts are at the “upper end “ of some groups. One of my best contacts already went there earlier this week. I hope this means we are close.

MZ: Is it possible we will see something Monday morning?  It’s possible. 

MZ: But stay calm as there are a lot of moving pieces right now. There have been tons of comments from groups and contacts in Reno that have suddenly awakened. It is busier then we have seen it in years. Reno contacts are very optimistic.

MZ: More than one person told me that for a short time on the forex they saw the dinar at around one US dollar . I think this may be a little more testing….they have not opened it up for exchange yet….. Don’t panic…I don’t think this is the rate …but if it is I will take it and be happy. (Mark shows a picture of Forex rates) So this puts one IQD just under one US dollar .

MZ: I do find it interesting that a number of regular, traditional , normal bank employees have to work on this weekend…Some have nothing to do with redemption. But there are also some redemption center/wealth management folks working this weekend for the second weekend in a row. They will not tell me what they are doing during these weekends. They are not allowed to. So I take that as a positive sign.

MZ: Some bond contacts believe they may be getting paid on Monday. Most of what I heard is to watch the 10th through the 12th. Monday is the 10th…so perhaps?

MZ: I did have a couple contacts tell me the M1 liquidity (money you can spend) portion is now being distributed and liquid to the groups this weekend for distribution this coming week. It was exciting to hear this and hope it holds up. Now we just need members of the groups to get a call (on Monday?) Saying “Hey- go look at your bank accounts”

MZ: No news from CMKX and Prosperity packages. Doesn’t mean nothing is happening. It just means they are not sharing it right now.

MZ: We do not have the budget or budget tables in today’s Gazette.

MZ: “Iraqi Parliament : Stopping the export of Kurdistan oil cost the treasury 13 trillion dinars”  They want to tell us just how stinking expensive it was when they shut it down. They have resumed selling oil and worked out salaries with Baghdad and Kurdistan….we seemed to be past over 90% of the differences with Baghdad and Erbil.

MZ: There are high level meetings going on in Iraq today with parliamentary members and members of the KRG in Baghdad….seeing if they can finalize those budget tables. We hope to see major progress in Iraq this weekend.

Member: I wonder- Will Iraq have to have a new rate before they start selling their bonds? Heard the bonds are going on sell Monday.

MZ: “Stable outlook for Iraq’s credit rating  for domestic and foreign operations”  projects are starting to pay off ahead of schedule. They are clearly investing in the future.

MZ: “ The IRS-Service outage on Feb. 9th starting at 1AM to 7 AM.” Looks like they are doing some kind of big update.

Member: The politics finally seems to be lining up, including the closure of the IRS

Member: DOGE Squad is operating with military-grade precision, executing full-spectrum ISR (Intelligence, Surveillance, and Reconnaissance) to systematically map, track, and expose entrenched corruption.

Member: NBC 4 Washington NEWS stated DOGE story is putting the FD.I.C on the chopping block this weekend Great!

Member: so no tax on our exchanges?

MZ: I don’t think we will be taxed…but be prepared-just in case. Prepare for the worst and expect the best.

Member: Bloomberg reporting that the UAE is giving Zimbabwe a lifeline of foreign investment

Member: India has a 60 percent tax on cash withdrawals over a small amount if you can't prove where you got it. I am very surprised

MZ: An interesting one. ”China is allowing insurance funds to buy gold” China is trying to shore up its insurance industry. One of these ways is to allow folks to have gold. Gold is where the world is heading and China has been buying up physical gold at historic speeds.

Member: Mark, have we told you lately that we appreciate what you share!

Member: so any chances it will happen this weekend?

MZ: I am almost afraid to tell you all how excited I am for the next few days and the next week or two. This roller coaster is bad enough….but I am quite literally bouncing today. I hope and pray we are through by next Saturday. .

Member: Thanks all and have a wonderful Superbowl weekend….stay safe.

Member: Hoping and praying that next Week is our Boom Boom Boom!!!

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=v3JsuL__RKk

Iraq Economic News and Points to Ponder Saturday AM 2-8-25

Al-Sudani Asks The Trump Administration To Continue Granting Iraq An Exemption From Importing Iranian Gas

Energy   Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani called on Friday on the administration of US President Donald Trump to continue exempting Iraq from importing Iranian gas after the decision to cancel it.

US President Donald Trump recently cancelled the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran.

Al-Sudani said in an interview with Asharq Al-Awsat, "The previous (US) administration gave us an exemption from these sanctions," adding that "our government did not just request an exemption, but we also took the initiative to invest in the associated gas."

He added, "Iraq has a clear vision. In 2028, gas imports will end, and there will be clear energy independence," stressing that "in the end, we need this exception to continue throughout this period."

Al-Sudani also pointed out that Iraq has begun "the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers."

He continued by saying, "The connection with Jordan has been implemented and currently western Iraq is being supplied with energy. It is hoped that during this year the connection with Kuwait and the Gulf group will be completed. We have also started contracting for the connection between Iraq and Saudi Arabia. The connection with Turkey has also been implemented and we have started receiving energy and as a result from the European Union."

The Prime Minister continued, "The Iraqi government has found solutions, and we certainly expect our friends in the United States to understand the government's plans so that they will allow us to continue to use Iranian gas until our projects are completed, in which any imported gas will be dispensed with."

For many years, Iraq has relied on importing electricity and gas from Iran, especially during the peak of summer, and thus relies on the ongoing American exemptions, which are issued more than once each year.

Recently, Iraq has moved to import gas from Turkmenistan, and it will also pass through Iranian pipelines, but it has not yet been implemented due to logistical and financial problems.

https://economy-news.net/content.php?id=52592

Iraq Announces A Decrease In Its External Debt And An Increase In Its GDP

Economy | 08:06 - 06/02/2025  Mawazine News – Baghdad  Technical advisor to the Prime Minister, Mohammed Sahib Al-Daraji, confirmed today, Thursday, that the volume of investments in Iraq amounts to about 60 billion dollars, while revealing a decrease in the external debt to 9.8 billion dollars.

Al-Daraji said in a statement to the official agency, which was followed by (Mawazine News): “Iraq’s gross domestic product exceeded $260 billion, which makes the ratio of external debt compared to the domestic product at a very low level, which opens the door to a new phase of external financing, but with studied conditions,” noting that “Iraq’s external public debt witnessed a significant decrease, as it decreased from $20.9 billion to $9.8 billion.”

 He stressed, “The importance of financing being directed towards productive projects capable of paying their debts on their own, instead of focusing on consumer or ill-considered projects.”

Regarding current investments, Al-Daraji indicated that “the volume of local and foreign investments in Iraq amounts to about $60 billion, most of which is in the real estate and housing sector, which is a good thing,” stressing, “the need to strengthen the role of the Iraqi investor and support him to diversify investments.”

He pointed out that “there is a large cash mass among citizens outside the banking system, which makes it economically useless if it remains stored in homes,” calling for, “transferring this money to investment projects.” It contributes to transforming them into assets that support the national economy and enhance sustainable development.”  https://www.mawazin.net/Details.aspx?jimare=259408

$17 Billion In US Oil Imports From 5 Arab Countries In 2024

Economy | 05:11 - 07/02/2025  Mawazine News – Economy  A new report by the Energy Research Unit revealed, on Friday, the amount of oil imports to the United States, which amounted to $17 billion from 5 Arab countries.

The report showed that US oil imports increased in 2024, with 5 Arab countries, led by Saudi Arabia and Iraq, accounting for 9% of the total imports of the world's largest crude oil consumer.

According to the Energy Research Unit report, US crude oil imports increased by 1.5% year-on-year, to reach 2.36 billion barrels (6.45 million barrels per day) during 2024.

The report stated that the volume of US oil imports from Saudi Arabia, Iraq, Libya, the Emirates and Kuwait amounted to nearly 208 million barrels, representing 8.8% of total US imports during the past year.
According to data collected by the Energy Research Unit, the value of US imports from the aforementioned Arab countries amounted to nearly $17.1 billion during 2024. According to the new report, we review the list of the largest Arab oil exporters to the United States during 2024, as follows:

1. Saudi Arabia: 98.14 million barrels.
2. Iraq: 70.51 million barrels.
3. Libya: 16.99 million barrels.
4. UAE: 14.22 million barrels.
5. Kuwait: 7.83 million barrels.

Arab oil exports to the United States from the 5 countries recorded 192 million barrels, equivalent to $16 billion during the first 11 months of 2024, according to periodic data collected by the Energy Research Unit on January 8, 2025.   https://www.mawazin.net/Details.aspx?jimare=259416

Oil Prices Rise Slightly In Early Asian Trade

Friday 07 February 2025 10:17 | Economic Number of readings: 224  Baghdad / NINA / Oil prices witnessed a slight rise in early Asian trading on Friday.

Brent crude futures rose 15 cents to $74.44 a barrel, and are heading for a 3.2 percent decline this week in the biggest decline since last September.

US West Texas Intermediate crude rose nine cents to $71.70 a barrel, and are heading for a 2.7 percent weekly decline.  This will be the first time in five months that prices have fallen for three consecutive weeks. / End2   https://ninanews.com/Website/News/Details?key=1184240

Gold Nears Sixth Straight Weekly Gain

Friday 07 February 2025 10:16 | Economic Number of readings: 234   Baghdad / NINA / Gold prices maintained their record high levels on Friday and are heading towards recording the sixth consecutive weekly gain.

Spot gold rose 0.1 percent to $2,859.59 per ounce, and has risen more than two percent so far this week. "  Gold had recorded an all-time high of $2,882.16 earlier this week."  US gold futures also rose 0.3 percent to $2,884.20. / End2   https://ninanews.com/Website/News/Details?key=1184241

National Security Advisor: We Agreed With Washington To End The Coalition Mission In September 2026

Time: 2025/02/07  Read: 2,685 times   {Politics: Al Furat News} National Security Adviser, Qasim Al Araji, confirmed the agreement with Washington to end the mission of the international coalition in September 2026.

The Commander-in-Chief of the Armed Forces, Prime Minister Mohammed Shia al-Sudani, confirmed in a press statement yesterday, "We have reached an agreement with the United States that there will be a timetable to end the mission of the international coalition over a period of two years ending in 2026, and then we will move to bilateral security relations.

We have actually started a bilateral dialogue with the United States and the rest of the countries of the international coalition, such as the United Kingdom, France, Spain and Italy."

Iraq and the United States announced in a joint statement on September 27, 2024, that the US-led coalition's military mission in Iraq would end by September 2025, with a transition to bilateral security partnerships.

The joint statement explained that the coalition's mission will end within 12 months, and no later than the end of September 2025. He added that the coalition's military mission in Syria will continue until September 2026.

Earlier this month, Baghdad and Washington reached an agreement on the withdrawal of international coalition forces from Iraq, according to a plan that is being implemented in stages.

Sources told Reuters a few days ago that the plan includes the withdrawal of hundreds of US-led coalition forces by next September and the rest by the end of 2026.  LINK

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

Seeds of Wisdom RV and Economic Updates Saturday Morning 2-8-25

Good Morning Dinar Recaps,

INDIA OFFICIALLY REJECTS BRICS CURRENCY, CALLS IT ‘IMPOSSIBLE’

India officially confirmed that they do not support the formation of a BRICS currency to challenge the US dollar. The Modi government made it clear that India embraces the US dollar and will use the currency for cross-border transactions.

The country will settle payments in local currencies with other developing nations only when it seems fit. The U-turn comes after Trump spared India from tariffs but imposed them on Canada, Mexico, and China.

BRICS member China might not take India’s stance lightly as the Communist country wants to launch the new currency. It is working closely with Russia and Iran for the formation of the currency to uproot the US dollar’s global dominance.

BRICS: India Says ‘Cannot Share a Currency With China’

Union Commerce Minister Piyush Goyal confirmed that India does not support any form of BRICS currency. He made it clear that India does not want to share a common currency with China. 

For the uninitiated, India and China have been at loggerheads for more than five decades with border disputes and trade wars. Accepting China’s stance would make the Modi government look weaker and hamper its electoral prospects.

“We are on record—We don’t support any BRICS currency. Imagine us having a currency shared with China. We have no plans. It is impossible to think of a BRICS currency,” said India’s Union Commerce Minister Piyush Goyal during a press conference at the IT-BT roundtable 2025 in New Delhi, reported Business Today.

However, the plans to launch a BRICS currency are still alive as China, Russia, and Iran are pursuing the idea. De-dollarization is the first and foremost goal of the trio as they aim to end reliance on the US dollar.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

RIPPLE NEWS: XRP DEPOSITORY RECEIPTS TO BE OFFERED TO ACCREDITED INVESTORS

▪️XRP DRs Launch – Accredited investors can now gain regulated XRP exposure via Depository Receipts, simplifying institutional crypto access.

▪️Secure & Regulated – XRP DRs are held by Anchorage, a federally regulated bank, ensuring safe custody and compliance for institutional investors.

XRP depository receipts (DRs) will soon be available for purchase by accredited investors through Receipts Depositary and DWP Advisors, according to reports from Fox Business Eleanor Terrett. This new financial product offers a regulated way for investors to gain exposure to XRP without purchasing the cryptocurrency directly from exchanges.

The concept of XRP DRs is similar to traditional American Depository Receipts (ADRs), which represent shares of foreign companies listed on U.S. exchanges. 

The XRP DRs will represent ownership of the underlying XRP, providing investors an easy way to gain exposure to the asset without the complexities of directly trading it on crypto exchanges.

These DRs offer similar benefits to exchange-traded funds (ETFs), making it easier for institutional investors to access crypto assets. 

This launch is considered a major step in bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi), as it makes digital assets more accessible to a broader audience.

Custody and Regulation: Anchorage and the OCC

The XRP DRs will be held by Anchorage, a federally chartered bank regulated by the U.S. Office of the Comptroller of the Currency (OCC).

Anchorage is a trusted institution specializing in secure custody for crypto assets, ensuring that the XRP behind the DRs is safely managed within a regulated framework. This adds a layer of security and confidence for institutional investors looking to enter the crypto space.

Expanding Product Offerings

Receipts Depositary Corporation (RDC), the company behind the XRP-backed securities, has been steadily expanding its product offerings. This expansion offers institutional investors more ways to engage with cryptocurrency in a regulated market environment.

The Advantages of XRP Depository Receipts

Unlike ETFs, where shares are redeemed for cash, XRP DRs provide accredited investors with direct ownership of XRP. This gives investors the opportunity to hold the asset directly while benefiting from a structured and regulated investment vehicle. This difference could appeal to institutions that seek direct ownership of digital assets but require compliance with traditional financial market regulations.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

How to Buy Gold at Just $1,500 an Ounce

How to Buy Gold at Just $1,500 an Ounce

Notes From the Field By James Hickman (Simon Black)  February 5, 2025

In the late 1990s, the Internet was brand new... and sizzling hot. And most people thought it would bring radical change to the world, practically overnight.

This is a common theme with disruptive technology. Enthusiasts often overestimate the impact of new technology in the short run, and underestimate its impact in the long run. Such is the case with AI today.

But the euphoria over the Internet in the 1990s compelled investors to pour money into Internet startups— companies with no profits, no cash flow, and no real business model.

In fact, a joke emerged from this era which perfectly described many of these infamous dot-coms: “We lose money on every sale, but we make up for it in volume.”

But it didn’t matter. Dot-coms were the meme companies of their day. And even the most ridiculous businesses that claimed to have anything to do with the Internet commanded outrageously high valuations.

Meanwhile, actual real businesses that didn’t have anything to do with the Internet, like boring old ExxonMobil, were completely ignored by investors.

Exxon was a great example because oil prices at the time sat at a modest $30 per barrel, and most people simply assumed that oil would stay cheap forever. So Exxon traded at just 11 times earnings, generated over $17 billion per year, and even paid a healthy dividend to the shareholders who had the foresight to own it.

Common sense eventually prevailed, and all of the pie-in-the-sky dot-coms went to money heaven. And the real businesses, like Exxon, survived the hype cycle and prospered.

Today, there are plenty of super sexy businesses which have become incredibly popular with investors. A lot of them are really overvalued.

And just like Exxon back in the late 1990s, nobody is paying attention to other profitable, extremely undervalued, real asset businesses.

Personally I think oil could get a lot more expensive from here. And there are some really undervalued oil companies to consider, just like there were in the 90s.

But the really obvious example I want to talk about today is gold.

Gold is still hovering near its all time high. And as we’ve discussed many times before, there are a number of catalysts which could drive the price much higher from here.

There has already been a coordinated effort by several countries to de-dollarize.

BRICS— Brazil, Russia, India, China, and South Africa— hold conferences explicitly discussing how to move away from the US dollar. And both the amount of global trade in dollars, as well as the share of American dollars held as reserves by central banks, has been steadily declining.

Central banks and foreign governments own trillions worth of US dollar reserves. And the reason the gold price reached this all time high, is because those foreign governments and central banks traded a tiny percentage of their dollars for gold.

That additional demand was enough to send the gold price soaring to almost $3,000.

So if this anti-dollar trend continues—or even accelerates— we could see $5,000 or even $10,000 plus gold.

These foreign governments and central banks, however, only buy physical gold. They do not buy shares in gold companies.

So while the gold price is near its all time high, gold companies are trading at ridiculously low levels.

Here’s a great example.

The company that we’re profiling in the upcoming edition of our investment research newsletter, The 4th Pillar, is one such undervalued gold business.

It’s a mining company with outstanding properties and a fantastic long term earnings horizon. It operates in an absolutely tier-one jurisdiction with minimal geopolitical risk— i.e. not the Congo or Nicaragua.

Its balance sheet is pristine with no debt. Yet they have a very strong cash position.

Due to their operating efficiencies, their production cost is quite reasonable at around $1,500 for every ounce of gold that they mine.

Yet the market is valuing them at a low, single digit multiple.

I would encourage you to check out our research to find out more.

I think it’s well worth the price of a subscription— especially because right now we’re having a limited time promotion on The 4th Pillar.

The full report on this particular gold company will be sent to 4th Pillar subscribers over the next few days.

To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/how-to-buy-gold-at-just-1500-an-ounce-152049/

“Tidbits From TNT” Saturday Morning 2-8-2025

TNT:

Tishwash:  Will Iraq succeed in transforming into a digital economy?

 In a move that could change the features of the Iraqi economic landscape, the Central Bank of Iraq announced that the government is working to develop regulatory frameworks to support the transition to a digital economy, with a special focus on electronic payment.

However, questions are being raised about the readiness of the infrastructure for this transformation, especially in light of the challenges related to financial corruption, weak electronic services, and the reliance of most sectors on cash transactions.

While official bodies stress the importance of moving to the digital economy to stimulate growth, citizens and merchants fear the imposition of ill-considered payment mechanisms that may hinder their interests, especially in light of the lack of trust in local banking systems.

Will the government succeed in convincing Iraqis to abandon cash in favor of electronic payment? Or will this initiative face failure as happened with previous projects?  link

Tishwash:  Iranian currency plunges to record low after fresh US move

It remains unclear how funding for Iranian activists and opposition figures would be affected by the USAID decision

TEHRAN: Iran’s currency plunged on Wednesday to a record low of 850,000 rials to $1 after US President Donald Trump ordered a restart to the “maximum pressure” campaign targeting Tehran.

Trump’s order calls for halting Iran’s oil exports and pursuing a “snapback” of UN sanctions on Iran. However, he also suggested he didn’t want to impose those sanctions and wanted to reach a deal with Iran.

The move comes as Trump’s moves to freeze spending on foreign aid and overhaul, or even end, the US Agency for International Development have been lauded in Iranian state media.

Meanwhile, ordinary Iranians worry what all this could mean for them.

“It encourages hard-liners inside Iran to continue repressions because they feel the US would have less capability in supporting Iranian people who seek freedom,” said Maryam Faraji, a 27-year-old waitress in a coffee shop in northern Tehran.

Iranian media say Trump’s cuts could stop the opposition in Iran

The state-run IRNA news agency said that “cutting the budget of foreign-based opposition” could “affect the sphere of relations” between Tehran and Washington.

Newspapers, like the conservative Hamshhari daily, described Iran’s opposition as “counterrevolutionaries” who had been “celebrating” Trump’s election as heralding the “last days of life of the Islamic Republic.”

They then “suddenly faced the surprise of cut funding from their employer,” the newspaper crowed.

Even the reformist newspaper Hammihan compared it to a “cold shower” for opponents of Iran’s theocracy abroad, an idea also expressed by the Foreign Ministry.

“Those financial resources are not charity donations,” Esmail Bagahei, Iran’s Foreign Ministry spokesman, said during a briefing with reporters. “They are wages paid in exchange for services.”

It remains unclear how funding for Iranian activists and opposition figures would be affected by the USAID decision.

The lion’s share of money for civil society in Iran has come through the US State Department’s Near East Regional Democracy fund, known by the acronym NERD, which grew as an American response to the Green Movement protests in 2009.0  link

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

Beth n Greenville:  Here is the video that goes along with the discussion in Open Mic this afternoon.

Services You Get As You Get Richer

https://youtu.be/VGju3e3cEA8?si=XjdafpsKXuGelZBz

Mot: ... Just Saying 

Mot.... Splains alot!! -- HUH!!! 

MilitiaMan & Crew-Dinar-IRAQ-News-USA-Ironing things out-Financial Reforms-Global transfers-CBI & President Talk

MilitiaMan & Crew-Dinar-IRAQ-News-USA-Ironing things out-Financial Reforms-Global transfers-CBI & President Talk

2-7-2025

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=sUxr1Ld9hpQ

FRANK26…..2-7-25……BANKS PREPARED

KTFA

Friday Night Conference Call

FRANK26…..2-7-25……BANKS PREPARED

This video is in Frank’s and his team’s opinion only

Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.  

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

https://www.youtube.com/watch?v=9h5176TVPCI