News, Rumors and Opinions Friday 2-21-2025

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 Fri. 21 Feb. 2025

Compiled Fri. 21 Feb. 2025 12:01 am EST by Judy Byington

Judy Note: US Dollar Collapse = Global Currency Reset

A Black Swan Global Financial Crash Black Swan Event would be guaranteed if the Trump/Musk DOGE Audit found that 8,133 tons of gold wasn’t sitting at Fort Knox, the New York Fed and Denver Mint to back the US Dollar.

The Black Swan Event: US Financial Collapse if Musk Audit Finds No gold at Fort Knox, New York Fed, Denver Mint

The corrupt independently owned by foreign bankers’ Federal Reserve REFUSES an audit, while China and BRICS nations hoard gold to CRUSH the U.S. dollar. If the gold is GONE, America is DOOMED!

The U.S. government claims to hold 8,133 tons of gold in Fort Knox, the Denver Mint, and the New York Fed—but when was the last real audit? 1953! That’s over 70 YEARS AGO! Since then, trillions have been printed, markets manipulated, and the elites have been hoarding gold while refusing to prove America still has any.

The Federal Reserve won’t allow a transparent audit. They claim “inspections” are enough. But do you trust the same bureaucrats who print money out of thin air and manipulate inflation numbers? Ron Paul doesn’t—and neither should YOU. If the gold is gone, the dollar is worthless.

Why Now? Because China, Russia, and BRICS nations are stockpiling gold at record levels, preparing to REPLACE the U.S. dollar with a gold-backed alternative. Meanwhile, America is drowning in debt, corruption, and financial lies. If the dollar collapses, gold will be the only real asset left. But if America’s gold is GONE, we’re S*****D.

The main stream media won’t touch this. They protect the same elites who profit from keeping you in the dark. What if the gold has already been sold, leased, or used to prop up foreign governments? What if the reserves are nothing but IOUs and paper promises? No one knows—because the system is built on secrecy.

If America’s gold is gone, the collapse will be catastrophic.

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Possible Timing:

In 1933, the U.S. declared bankruptcy and pledged EVERY CITIZEN as collateral to back its debt. Gold was confiscated. Debt-based money was introduced. And you? You became an economic asset.

In 2020 President Trump had (allegedly) 650 plane loads of US Taxpayer owned gold removed from the Vatican. The 1871 Corporation Act (of the privately owned by foreign bankers US Inc.) was dissolved in 2020. President Trump(allegedly)  had the gold taken to it’s rightful owners – the new Republic for the United States of America Treasury located on an Indian Reservation near Reno Nevada.

On Thurs. 30 Jan. 2025 the privately owned Fed and IRS officially(allegedly)  dropped dead – when the US Treasury withdrew from the Cabal’s Bankrupt Central Banks across the World. President Trump has said he will replace the IRS with the ERS (External Revenue Service) where taxation on goods will replace taxation on The People and their income.

Since Friday 3 Feb. 2025 all Basel 4 Compliant banks have (allegedly) gone public with the new Gold / Commodity-backed currency International Rates as required by the GESARA Law. This is the(allegedly)  Re-evaluation of all the global currencies (meaning the global currency reset).

Tues. 11 Feb. 2025 Official Notification: Leaders in the Global Currency Reset (allegedly) received signal payments authorized by the Quantum Network.

This week the Quantum Financial System was said to be fully operational for completion of that Global Currency Reset.

The use of the FIAT US Dollar will be (allegedly)  used for up to 90 days Feb. / March / April parallel with the new United States Note (USN), they may (allegedly) cut it off of by April 30th or soon thereafter. …Bruce

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Thurs. 20 Feb. 2025 Bruce:

Today Redemption Center Leaders were to receive an email tonight to tell them to go into work tomorrow morning or Sat morning 22 Feb.

Bond Holders emails were to go out. Accounts have (allegedly)   been hydrated.

A security force at Sparks Reno Airport report they are getting 3 flights in and 3 flights out every hour. Shelves in hanger were (allegedly)   filled with new US Note. The US Notes were  (allegedly)  being moved to where it needs to go. Redemption Centers (allegedly)   received more new US Notes in addition to what they had a year and a half ago.

You could  (allegedly)  get up to $3,000 in cash at your appointment.

One source said we would get notified Saturday and begin appointments on Mon. 24 Feb.

About 20% of what Musk’s DOGE is recouping is  (allegedly)  going to the American people is supposed to be $5,000 per month for 12 months for age 32 and older. 65 and older $7,500 a month for 12 months. It will go into your Social Security Bank account. This is different from the R&R and is not the SS increase.

Read full post here:  https://dinarchronicles.com/2025/02/21/restored-republic-via-a-gcr-update-as-of-february-21-2025/

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

Militia Man  The oil to flow into Turkey hasn't been done yet...And the salaries to the citizens haven't been paid...All of these things need value.  What rate are you going to be able to pay those salaries at?  What value are you going to apply to the exchange rate with oil crossing international borders?

DinarDiva1  Kuwait RV March 24 1991, Ramadan that year was March 17- April 15, 1991 Therefore theyRV smack in the middle of Ramadan...

Frank26   Trump and Sudani, that combination IMO is unstoppable for your monetary reform. I dare them to try to stop this now because Trump is there now.  Why do I say such a thing?  Because both sides have a currency that needs help form each other...This mutual symbiotic relationship is going to be so powerful in the banking industry.  Both the American dollar and the Iraqi dinar are about to rule...

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Breaking News Financial Announcement CBI & Al Rafidain Bank

Edu Matrix:  2-20-2025

Discover the latest news impacting IQD investors in our video on Iraq's groundbreaking bond issuance

Al-Rafidain Bank has launched a historic national bond offering worth IQD 2 trillion ($1.5 billion), aimed at enhancing economic stability and investment opportunities.

With bonds available from February 10 to March 10, 2025, investors can choose between two categories: an IQD 500,000 bond with a 6% annual interest rate and an IQD 1,000,000 bond offering 7.5% annually.

This initiative opens doors for both banks and the public, signaling a transformative shift in Iraq's financial landscape. Don’t miss your chance to be part of this financial revolution!

https://www.youtube.com/watch?v=vVd7GooI5tk

'It's An American Duty To Not Pay Our Taxes' — Robert Kiyosaki Proudly Says

'It's An American Duty To Not Pay Our Taxes' — Robert Kiyosaki Proudly Says He's $1.2 Billion In Debt Because It Legally Leaves Him Tax-Free

Jeannine Mancini  Thu, February 20, 2025  Benzinga

You've heard it a million times—debt is bad, get out of debt, Americans are drowning in debt. The headlines paint it as the ultimate financial nightmare. But not everyone sees it that way. Best-selling "Rich Dad Poor Dad" author Robert Kiyosaki proudly boasts about being $1.2 billion in debt—and according to him, that's exactly how he legally avoids paying taxes.

How Kiyosaki Uses Debt to His Advantage

In a January 2024 Instagram video captioned "Confession: This is why I am $1.2 billion in debt," Kiyosaki explained his controversial stance.

"Today, I own about 12,000 rental units. How did I acquire those properties? I used debt. See, the more debt I use, the more property I own, the less tax I pay," Kiyosaki said.

He went on to argue that taxes are a "Marxist idea," referencing "The Communist Manifesto." "And people say, ‘Well, you should pay taxes.' No, we shouldn't. America was founded as a tax-free nation... We were tax-free until 1913 when the Fed was created. The same year, guess what else was created? The IRS."

Kiyosaki didn't stop there. He took it a step further, declaring, "And I think it's an American duty not to pay our taxes. Because if you read the Communist Manifesto, you'd know why."

Kiyosaki's strategy relies on leveraging debt to acquire income-generating real estate while taking advantage of tax laws that allow deductions, depreciation, and other benefits. And he's not just talking about it—he's doing it.

The Real Estate Tax Advantages

Kiyosaki's approach isn't some loophole; it's built into U.S. tax law. Real estate investing offers several legal ways to reduce taxable income:

TO READ MORE:  https://finance.yahoo.com/news/american-duty-not-pay-taxes-150047669.html

Seeds of Wisdom RV and Economic Updates Friday Morning 2-21-25

Good Morning Dinar Recaps,

SEC ACKNOWLEDGES SLEW OF CRYPTO ETF FILINGS AS REVIEWS, APPROVALS ACCELERATE

The regulator is seeking comment on filings covering crypto staking, options and altcoin ETFs, among others.

The US Securities and Exchange Commission has acknowledged some half a dozen exchange filings related to cryptocurrency exchange-traded funds (ETFs) in the past two days, according to Feb. 19 and Feb. 20 regulatory submissions.

The filings, submitted by securities exchanges Nasdaq ISE and Cboe BZX, address proposed rule changes for crypto ETFs concerning staking, options, in-kind redemptions and new types of altcoin funds, the documents show.

The SEC’s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20. Consequently, two crypto index ETFs launched in February and analysts expect more ETF approvals to follow in 2025.

Flurry of filings

Nasdaq’s filing pertains to position and exercise limits on options tied to BlackRock’s iShares Bitcoin Trust (IBIT), the most popular spot crypto ETF, with nearly $57 billion in net assets, according to BlackRock’s iShares website.

Meanwhile, Cboe filed to list options on Grayscale’s and Bitwise’s Ether.  The SEC has approved options on Bitcoin ETFs but has not yet greenlighted options on Ether ETFs.

Cboe has also asked for permission to list Canary and WisdomTree’s proposed XRP ETFs, support in-kind creations and redemptions for Fidelity’s Bitcoin and ETH ETFs, and allow 21Shares’ Ether ETF to stake a portion of its ETH holdings for additional yield.

The SEC is reportedly “very, very interested” in staking and has asked the industry to draft a memo reviewing the different types of staking and their potential benefits, Eleanor Terrett, a reporter for Fox Business, said in a Feb. 20 post on the X platform.

Terret said her source “expects to see some kind of agency guidance on staking in the near future as it’s a topic they’re engaging enthusiastically on.”

In-kind creations and redemptions, where an ETF swaps shares for a basket of underlying assets, are more tax efficient and, therefore, preferred by most ETF issuers and investors. The SEC has not yet permitted in-kind redemptions for spot cryptocurrency ETFs.

Expected approvals

Bloomberg Intelligence has set the odds of an XRP ETF approval in the US at 65%. Its estimates for Litecoin and Solana ETF approval odds are even higher, at 90% and 70%, respectively.

On Feb. 14, the SEC acknowledged Cboe’s request to list asset manager 21Shares’ XRP ETF, further signaling the SEC’s openness to approving an ETF for the altcoin.

On Feb. 19, cryptocurrency exchange Coinbase launched SOL futures contracts on its regulated US derivatives exchange. Robust futures markets generally support cryptocurrency ETF applications because they provide a stable benchmark for asset prices.

On Feb. 20, Franklin Templeton launched an ETF holding both spot Bitcoin and Ether. It was the second cryptocurrency index ETF to hit the market after asset manager Hashdex launched its Nasdaq Crypto Index US ETF (NCIQ) on Feb. 14.

In 2024, under former US President Joe Biden, the SEC allowed spot BTC and ETH ETFs to list in the US after years of resistance but barred other types of crypto ETFs from listing.

@ Newshounds News™

Source:  CoinTelegraph

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HONG KONG UNVEILS ROADMAP TO BECOME GLOBAL DIGITAL ASSET HUB

Hong Kong’s Securities and Futures Commission (SFC) published a 12 point ASPIRe roadmap for the territory to become a global digital asset hub.

Until October last year, it had licensed two cryptocurrency exchanges. That figure rose to ten yesterday with the licensing of Bullish, the exchange founded by Block.one and backed by Peter Thiel.

Top of the SFC’s priority list is to introduce licensing regimes for over the counter (OTC) ‘virtual asset’ marketplaces as well as virtual asset custodians. While it wants to ensure better compliance and enhance consumer protection, it is willing to lean into the more innovative aspects of web3 that are sometimes considered risky. 

Currently the following activities are not allowed in Hong Kong, even for licensed exchanges: New token issuance, margin trading, derivatives, staking, and borrowing/lending. The SFC is willing to explore each of these, but some will be restricted to professional investors, such as derivatives and borrowing/lending.

“Adhering to the core principles of investor protection, sustainable liquidity and adaptive regulation, the roadmap in itself is a calibrated response to emerging VA market challenges and thus helps future-proof our ecosystem,” said Dr Eric Yip, the SFC’s Executive Director of Intermediaries.

“The roadmap is not a final destination but a living blueprint, one that invites collective efforts to advance Hong Kong’s vision as a global hub where innovation thrives within guardrails.”

@ Newshounds News™

Source:  Ledger Insights

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“Tidbits From TNT” Friday Morning 2-21-2025

TNT:

Tishwash:  The first of its kind in the region and Iraq as a whole.. Inauguration of an international financial and commercial center in Sulaymaniyah

On Thursday, an international financial and commercial center was inaugurated in the city of Sulaymaniyah. It is the first of its kind in the Kurdistan Region and the rest of Iraq in terms of specialization. Employees considered this a step to localize their salaries and end the crisis that has been ongoing for years .

Sulaymaniyah Governor, Haval Abu Bakr, said in a press conference attended by Shafak News Agency, during the opening ceremony of the center, "This center will provide a suitable environment for banks, financial markets and investment companies to work according to the legal frameworks approved in Iraq and the region ."

He added, "All banks, stock markets, financial and commercial institutions can establish branches within this center, according to the controls issued by the specialized authorities in the federal government and the region," indicating that "this step constitutes a qualitative transformation in the financial and commercial sector of Sulaymaniyah, which enhances its position as an economic hub at the level of Iraq ."

In another context, a group of protesting teachers, who had previously demanded that their salaries be transferred directly from Baghdad, welcomed the decision to open two branches of the Central Bank in the region, and considered this step a prelude to implementing the Federal Court’s decision issued on February 21, 2024, which stipulates the “localization” of the salaries of the region’s employees through the federal government .

However, this issue is still controversial among political circles, as some believe that transferring salaries to Baghdad aims to undermine the regional government and influence its authority, while others consider it a necessary solution to end the crisis of delayed salaries that has been ongoing for more than ten years .

In this context, the governor of Sulaymaniyah explained that "the mechanism for distributing salaries has not yet been decided," noting that "discussions are still ongoing about whether salaries will be distributed through the regional government as in previous years, or whether they will be transferred directly from Baghdad ."

While the opening of the financial and commercial center in Sulaymaniyah is an important step to boost economic activity, resolving the issue of salaries will remain an influential factor in financial and living stability in the region .

For more than a decade, Kurdistan cities have been suffering from a crisis of delayed salaries due to financial disputes between Baghdad and Erbil, which has prompted some groups, such as teachers and employees, to demand that their salaries be paid directly from the federal government .

On February 21, 2024, the Iraqi Federal Court issued a decision to localize the salaries of the region’s employees, but it has not been implemented yet due to administrative and political complications. The opening of the financial and commercial center in Sulaymaniyah constitutes a turning point in the economic scene, amidst the ongoing controversy over the future of financial management in the region . link

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Tishwash:  Government Advisor: No Problems in Financing the Budget for Salaries and Revenues Are Running Regularly

The Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, the stability of cash resources and ensuring the flow of salaries and pensions. While he pointed out that government spending positively affects 85% of the movement of total demand, he pointed out that there are no problems in financing the budget for salaries and oil and non-oil revenues.

Saleh told the Iraqi News Agency (INA): "There are priorities in the state's general budget that focus on ensuring the monthly flow of salaries for workers in the government sector and public companies, in addition to recipients of grants, wages, retirees and social care categories."

He added that "the priorities come within the current section of the general budget," stressing that "there are no problems in the flow of cash resources to the budget, whether from oil or non-oil revenues."

Saleh explained that "what is being circulated about financial difficulties are imaginary scenarios aimed at creating a state of uncertainty," noting that "about 8 million Iraqi citizens benefit from monthly payments that cover the needs of about 35 million Iraqis monthly through the family support system."

He continued, "Coordination between monetary and fiscal policy works to provide the best performance and stability for monthly government spending, which is known as the "fiscal space," which ensures speed and flexibility in financing fiscal policy in line with the "monetary space" in monetary policy."

The Prime Minister's advisor confirmed that "government spending constitutes about 50% of the country's GDP annually, positively affecting more than 85% of the movement of total demand in Iraq, which supports the sustainability of economic activity and protects it from the risks of recession."

He pointed out that "economic policy pays close attention to ensuring the timing of operational spending without interruption, as the annual inflation growth rate did not exceed 3%, which reflects precise control over the management of cash liquidity and public spending."

He pointed out that "the stability and effectiveness of monetary and financial policies contribute to enhancing economic confidence and providing the necessary protection for the Iraqi economy from future challenges."  link

Tishwash:  The Governor of the Central Bank, Ali Al-Alaq, confirmed that joint-stock companies constitute only 2% of the value of the gross domestic product in Iraq, while revealing the reason for the weak size of citizens' deposits in banks.

Al-Alaq said during the opening and introduction of the International Center for Finance and Trade in Sulaymaniyah Governorate, which was followed by (Al-Rabia), that "financial centers are economic levers and need modern financial infrastructure and technologies," noting "the importance of financial centers in stimulating the economy and attracting investments, which requires developing the financial infrastructure to keep pace with global changes."0

He pointed out that "these centers focus on the most important engines of the economy," stressing that "countries that have such centers have been able to achieve great achievements, as financial centers play a major role in stimulating and organizing the economy, as proven by reality, experience, numbers and data."

He stressed that "the financial aspect in Iraq needs more vitality and innovation to harness resources towards growth and construction," noting that "there is a huge amount of money inside the country, but it is not invested in the best way, as it is isolated from economic activity or hoarded without real benefit."

He stressed that "this is a fundamental issue that requires thought, initiatives and innovations to invest this money to serve growth and employment," noting that "the best way to attract and mobilize this money is to establish joint-stock companies that attract scattered capital, no matter how small its amounts are." He pointed out that "Iraq suffers from a significant shortage" in joint-stock companies, as their contribution to the GDP is only 2% of the GDP, which is the lowest percentage in the region compared to the Middle East and North Africa countries, where the percentage reaches 55%, while in developed countries it ranges between 80% and 90%, which requires new ideas and centers capable of moving this field."

The governor stressed that "Iraq has huge investment opportunities that can be exploited through partnerships between various capabilities, especially the available financial capabilities, but they do not find a clear scope for investment, which calls for a major role for financial centers in moving and establishing joint-stock companies in profitable strategic sectors."

He also pointed to the weak volume of citizens' deposits in banks, explaining that "the reason is not only due to lack of trust, but also to the availability of other investment opportunities that achieve greater returns than bank interest, as anyone can now invest their money through digital platforms and contribute to global projects without having to rely on traditional bank returns."

The governor of the Central Bank provided an example of developments in digital investment, noting that "some The platforms allow a group of people to participate in purchasing real estate in global cities such as London, where investment is based on the highest potential returns globally.

He noted that "the world is witnessing a financial revolution supported by technology and artificial intelligence, which will lead to major transformations in the nature of economic activity," noting that "the 10 largest companies in the world currently belong to the technology and communications sector, outperforming oil and traditional industry companies, as their market value ranges between 2-3 trillion dollars," stressing that "banks in the near future will transform into fully smart electronic platforms, which will radically change the way financial and investment transactions are conducted."

 He stressed the "necessity of transforming financial centers into strong economic levers, so that they play a fundamental role in attracting investments, regulating financial flows, and benefiting from modern technologies," indicating that "this center has a major task ahead of it to move in these directions." The Central Bank reveals the reason for the weakness of citizens' deposits in banks: The money is huge    link

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Tishwash:  King Salman approves Saudi Riyal currency symbol

The Saudi monarch, King Salman bin Abdulaziz Al Saud, approved today, Thursday, the symbol of the Saudi riyal currency in a historic step aimed at strengthening the identity of the national currency.

According to the Saudi Press Agency (SPA), the Governor of the Saudi Central Bank (SAMA), Ayman bin Mohammed Al-Sayyari, expressed his thanks and appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to the Crown Prince Mohammed bin Salman, Prime Minister, on the occasion of the launch of the Saudi riyal currency symbol.

Al-Siyari explained that the decision contributes to strengthening the Kingdom’s financial identity at the local, regional and international levels, noting that the application of the currency symbol will begin gradually, as it will be included in financial and commercial transactions and various applications in coordination with the relevant authorities.

Al-Siyari pointed out that this initiative aims to encourage pride in national identity and cultural affiliation, as well as highlight the status of the Saudi riyal and enhance confidence in it, as well as highlight the Kingdom’s prominent role among major global economies and G20 countries.

According to the agency, the national currency symbol, which was designed according to the highest technical standards, reflects the Kingdom’s culture and rich heritage. The symbol bears the name of the national currency “SAR” with a design inspired by Arabic calligraphy, and enhances the representation of the Saudi riyal in the local, regional and international context, making it suitable for use in all financial and commercial transactions.  link

Mot: Don't Knows bout Yous.. but I'm ~~~

Mot: . Poor "'Piglet"" --- Are We There Yet???

Fort Knox Audit Could Collapse the Fiat System

Fort Knox Audit Could Collapse the Fiat System

Liberty and Finance:  2-20-2025

The global financial landscape is shifting, and recent developments suggest a growing demand for transparency and a potential reckoning with unsustainable debt.

In a recent interview with Liberty and Finance, economic analyst Rafi Farber shed light on several key indicators, including Donald Trump’s renewed push for auditing Fort Knox, the increasing demand for physical gold, and the potential for significant debt devaluation.

One of the most intriguing developments is the call to audit Fort Knox.

While the U.S. government maintains the vault holds a significant portion of the nation’s gold reserves, consistent calls for verification have been largely ignored.

Trump’s renewed interest in an audit marks a potential shift towards greater financial transparency, a move that could have far-reaching implications. As Farber emphasizes, inflation is a crucial tool in the hands of governments, subtly eroding purchasing power and fueling corruption. Auditing Fort Knox could expose uncomfortable truths about the true state of U.S. gold reserves, potentially limiting the government’s ability to manipulate the economy through inflationary policies.

However, owning gold isn’t simply about possessing the metal. Farber points out the intricacies of gold ownership, emphasizing the importance of understanding the nuances of the market. This brings us to another crucial observation: the significant gold outflows from London.

Farber interprets this as a sign of market stress and an increasing global demand for physical gold. As confidence in traditional financial institutions wanes, investors, both institutional and retail, are increasingly seeking the security and tangible nature of physical gold.

This demand is further evidenced by the behavior observed in the gold market. High borrowing fees for GLD, the largest gold-backed ETF, suggest a growing preference for physical gold over paper gold. This indicates that investors are less willing to rely on promises and are actively seeking to secure their wealth in a tangible asset.

But what does all this mean for the future? Farber predicts that a gold revaluation could lead to a significant devaluation of debt. This is a crucial point to understand.

As the value of gold rises, the real value of debt denominated in fiat currencies, which are increasingly perceived as unstable, diminishes. This could have dramatic consequences for economies heavily burdened by debt, potentially triggering a period of economic restructuring and upheaval.

In this environment of economic uncertainty, Farber stresses the importance of staying informed and maintaining a positive mindset.

 Understanding the intricacies of the gold market, keeping abreast of developments like the Fort Knox audit, and recognizing the increasing demand for physical gold are crucial for navigating the turbulent times ahead.

The message is clear: the walls are closing in on opaque financial practices and unsustainable debt. The growing demand for transparency, coupled with the surge in physical gold demand, suggests a fundamental shift in the global financial landscape.

By staying informed and proactive, individuals can position themselves to weather the storm and potentially benefit from the coming changes. While the future remains uncertain, understanding these trends is the first step towards securing your financial well-being in a world grappling with economic uncertainty.

https://youtu.be/PsMz9WCUEF4

Iraq Economic News and Points to Ponder Thursday Evening 2-20-25

Rafidain Bank Enhances The Efficiency Of Its Services By Expanding The Application Of The Electronic Q System

Thursday 20 February 2025  Economic Number of readings: 329  Baghdad / NINA / Rafidain Bank announced the expansion of the application of the electronic Q System to manage and organize customer waiting, to include more than 27 branches in Baghdad and the governorates, with a gradual plan to generalize it to other branches later.

The bank stated in a statement: "This trend reflects the bank's commitment to adopting the latest banking technologies to ensure the provision of more efficient and faster services, as the system provides an advanced mechanism to organize the movement of customers within the branches, reduce waiting periods, and determine the order of customers according to service priority, with an accurate time estimate for completing transactions.

He added: "This development comes within the bank's vision to enhance digital transformation and raise the level of customer satisfaction, by providing innovative solutions that contribute to improving the efficiency of banking operations and providing a smoother and more accurate experience. / End https://ninanews.com/Website/News/Details?key=1187748

Financial Supervision: We Have Indicated A Clear Renaissance In Our National Industries

Money and business  Economy News – Baghdad  The Federal Board of Financial Supervision indicated the presence of signs of progress in the national industrial reality during recent years, and while the Board indicated that Iraq relies in its federal budgets on the revenues of its oil exports to a large extent, it called for the implementation and activation of the consumer protection and local product laws to advance it.

The Assistant Director General of the Industrial Activity Audit Department at the Bureau, Dr. Iyad Aziz Saleh, said in an interview with "Al-Sabah", followed by "Al-Eqtisad News", that "the industrial sector in Iraq is one of the most prominent components of the non-oil economy, and strategies have been adopted to encourage and enhance investment, which were set by the Investment Law of 2006 (amended) in order to raise the efficiency of the performance of industrial companies that aim to produce and market manufactured products according to approved specifications for each product to meet local needs,"

noting that "there are standard products to meet the needs of the consumer such as (cement, dairy, soap and oils), and non-standard products that are produced according to demand such as the manufacture of electric generators of various capacities and voltage transformers, which are equipped only according to the needs of the Ministry of Electricity."

He added, "Some companies have obtained a certificate from the international ISO organization, which is an independent body. These specifications are a series of frameworks that help the department manage its business effectively and confirm and guarantee the quality of products such as Iraqi cement and food products."

dilapidated production lines

Saleh explained that “the majority of industrial companies in the country operate at low capacity due to the old machines, equipment and production lines, as most of them date back to the seventies and eighties of the last century, as they operate with old technology that does not keep pace with the progress achieved in the industrial sector, as well as the inability of the national grid to supply many factories with electrical power, and the openness of the local market to imported products, which had an impact on the lack of competition of national products in market prices and quality.”

He stressed that "the Ministry of Industry and Minerals has adopted a plan to rehabilitate and develop most companies through partnership contracts with the private sector, based on the Public Companies Law No. (22) of 1997 (amended), which regulates the work of state-owned public companies in partnership or partnership with a foreign company to implement work within its activities inside Iraq,

relying on the legal basis of partnership contracts within the aforementioned law, which gave companies the right to participate with Arab and foreign companies and institutions to implement work related to the company's objectives inside Iraq,

as well as relying on the Investment Law No. (13) of 2006 (amended), including public sector projects contracted to rehabilitate or operate with the private and mixed sector with all the advantages and guarantees included in the aforementioned law, and the law applies to projects that were contracted before the enforcement of this law."

Merger of companies

He continued, "The Ministry of Industry worked on merging companies based on Cabinet Resolution No. (360) of 2015, but most of these companies were exposed to problems and obstacles as a result of not completing their merger procedures, such as the General Company for Design and Implementation of Projects, which was established as a result of the government reform plan after the merger of three previous companies, which suffers from not completing the legal procedures for the merger,

which led to the absence of final accounts certified by the Federal Financial Supervision Bureau for the merged companies, which stipulated in the merger resolution that the rights and obligations of the three companies be transferred to the parent company."

He explained that “the termination of contracts for companies is done through the legal department in them and taking measures according to the terms of the contract against the defaulting companies, and there may be an extension of the contract period to give an opportunity to complete the implementation of the contract or terminate it,” noting that “the regulatory bodies present in the government departments audit the concluded contracts and implement them according to the plan of the Bureau and record the regulatory observations regarding them and the extent of compliance with the terms of the contracts and other laws related to them.”

Protection laws

Saleh called for "activating the Iraqi Products Protection Law No. (11) of 2010 (amended) after the changes that occurred in the Iraqi economy and opening markets to global trade and flooding local markets with foreign products similar to local production at a lower price, which led to hindering the establishment of a local industry and the loss of fair competition."

He stressed that "Iraq today is in dire need of activating customs tariff laws, as it relies in its federal budgets on oil export revenues by approximately (90 percent), and Consumer Protection Law No. (181) of 2018 must be activated as it is one of the regulations designed to guarantee consumer rights, fair trade and competition, which was designed to prevent acts related to fraud or unfair practices to obtain more advantages over other competitors, and also provides additional protection for the most vulnerable groups in society."

Aziz expressed his hope to protect the local product "in a way that guarantees support and protection of industrial projects and their ability to compete with industries in neighboring countries." https://economy-news.net/content.php?id=52910

Iraq Stock Exchange: Traded Shares Worth More Than 9 Billion Dinars

Thursday 20 February 2025 | Economic Number of readings: 271  Baghdad / NINA / The Iraq Stock Exchange announced today that the value of traded shares amounted to more than 9 billion dinars in five sessions organized during the third week of February.

According to the weekly trading indicators of the market, these sessions were organized from Sunday until Thursday of the current week, which is about to end, and with which the market closes its doors until Sunday of next week.

The number of traded shares during this week amounted to more than 8 billion shares with a financial value exceeding 9 billion dinars.

The ISX60 market trading index closed for the first session of the week at (1065.06) points, while the index closed at the end of the week at (1056.79) points, achieving a decrease of (0.78%) from its closing at the beginning of the session.

The ISX15 market trading index closed for the first session of the week at (1150.68) points, while the index closed at the end of the week at (1137.97) points, achieving a decrease of (1.12%) from its closing at the beginning of the session.

During the week, (3536) purchase and sale contracts were executed on the shares of companies listed on the market./End   https://ninanews.com/Website/News/Details?key=1187810

Oil Prices Fall As US Crude Inventories Rise

energy  Economy News – Baghdad  Oil prices fell "slightly" on Thursday after an industry report showed a build in U.S. crude inventories and as tariff concerns weighed on sentiment, reversing gains made in the previous session on worries about supply disruptions from Russia.

Brent crude futures were down 22 cents, or 0.29 percent, at $75.82 a barrel by 01:35 GMT.

U.S. West Texas Intermediate crude fell 30 cents, or 0.42 percent, to $71.95 a barrel.

In addition to rising U.S. inventories, the Trump administration’s announced tariffs on imports could weigh on oil prices by raising the cost of consumer goods, weakening the global economy and reducing demand for fuel. Concerns about European and Chinese demand have also helped keep prices in check.

But concerns about other oil supply flows limited losses. Russia said oil flows through the Caspian Sea pipeline, a major route for crude exports from Kazakhstan, fell by 30% to 40% on Tuesday after a drone attack in Ukraine on a pumping station.

U.S. crude inventories rose by 3.34 million barrels last week, market sources said on Wednesday, citing data from the American Petroleum Institute. Gasoline stocks rose by 2.83 million barrels, while distillate inventories fell by 2.69 million barrels, the sources added. https://economy-news.net/content.php?id=52908

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

Seeds of Wisdom RV and Economic Updates Thursday Evening 2-20-25

Good Evening Dinar Recaps,

HACKERS DRAIN BANK ACCOUNTS IN NEW GLOBAL ATTACK ON APPLE AND GOOGLE ANDROID DEVICES: REPORT

Hackers are reportedly draining bank accounts and stealing smartphone users’ credentials using a new and highly effective technique.

Cybersecurity researchers say criminals are now sending text messages that appear to be from banks and delivery services – with malicious PDF files attached, reports Samsung Magazine.

The PDFs either contain links that exploit security flaws and install malware or links that send users directly to fake bank websites, enticing people users to enter their login details.

Victims across the US, Germany, and the UK have already suffered financial losses after opening the fraudulent PDFs.

Researchers say people tend to trust PDFs more than links, and the method increases the chances of users falling for the scam.

Although SMS phishing and email-based PDF attacks have existed for years, the tactic of sending malicious PDFs directly via SMS texts is a new twist.

To stay safe, security experts recommend users avoid opening PDFs from unknown senders, verify messages with official sources, keep smartphones updated and use antivirus software to prevent malware infections.

@ Newshounds News™

Source:  DailyHodl

[NOTE:  Scammers and criminals are also sending text messages that appear to be from Exchanges involving your crypto assets warning of withdrawals with a phone number to call.  Do not call that number.  Only contact your exchange at a phone number you trust to report it.  Stay safe.]

~~~~~~~~~

COINBASE REVEALS 6-POINT PLAN TO FIX US CRYPTO REGULATIONS

▪️Coinbase has outlined six key priorities for improving US crypto regulation.

▪️Coinbase argues that the CFTC is better suited than the SEC to regulate cryptocurrencies like Bitcoin and Ethereum.

▪️Coinbase emphasizes the need to protect DeFi and NFTs from over-regulation, while also calling for clear federal and state guidelines.

A day after Binance CEO Richard Teng praised the improving regulatory environment for crypto in the US, Coinbase’s Chief Policy Officer, Faryar Shirzad, stepped in with a bold take – outlining six key priorities to fix the country’s crypto framework.

 His timing couldn’t be more interesting. With US President Donald Trump promising to make America the “Crypto Capital,” regulations are shifting fast. About time, right?

So, what exactly does Coinbase think needs to change? And could these proposals finally bring the clarity the industry has been waiting for?

Let’s dive into the six key priorities that could shape the future of crypto in the US.

Why US Crypto Regulations Need Urgent Reform

The US crypto regulatory landscape needs major changes. While the current administration appears supportive of the industry, regulatory efforts won’t have a real impact unless key issues are addressed.

This is where Shirzad’s insights become important. In a recent blog post, he outlined six priority areas, covering everything from defining digital assets to setting clear rules for centralized crypto firms.

Six Key Priorities for Crypto Regulation

Here are the six areas Coinbase believes need immediate attention:

1. Clear Definitions for Digital Assets
The post stresses the need to properly define digital assets. A clear definition would help Congress distinguish between securities, commodities, and other digital tokens, ensuring appropriate oversight.

2. Shifting Oversight Away from the SEC
The post suggests that the Commodity Futures Trading Commission (CFTC) is more qualified than the Securities and Exchange Commission (SEC) to regulate major cryptocurrencies like Bitcoin and Ethereum—aligning with the industry’s stance in ongoing legal battles.

3. A Smarter Approach to Token Classification
Shirzad argues that not every token should automatically be classified as a security. He calls for a clear regulatory framework that allows crypto projects to raise capital without unnecessary restrictions.

4. Stablecoin Regulations for Market Clarity
With stablecoin regulation being a hot topic, Coinbase highlights the need for a clear framework to ensure transparency and stability in this rapidly growing sector.

gible tokens (NFTs). Shirzad emphasizes the need for a balanced approach to avoid stifling growth in these areas.

6. Federal and State Guidelines for Centralized Exchanges
Finally, Coinbase calls for clear regulations at both federal and state levels to ensure accountability for centralized crypto firms.

Coinbase urges lawmakers to move quickly before the US falls behind in crypto innovation. The exchange believes a well-balanced regulatory framework can protect consumers while allowing the industry to grow.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

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Evening News with MarkZ and Dr. Scott Young. 02/20/2025

Evening News with MarkZ and Dr. Scott Young. 02/20/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions

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/

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

Youtube:     https://www.youtube.com/watch?v=p8958NDBbCc

'Something Big Is Happening' – Is a Gold Reset Coming? | Peter Grandich

'Something Big Is Happening' – Is a Gold Reset Coming? | Peter Grandich

Kitco News:  2-20-2025

Is the U.S. secretly stockpiling gold while preparing for a Fort Knox audit?

Over 12.5 million ounces of gold have moved from London to the U.S. since November, triggering global supply shortages.

Meanwhile, Elon Musk, Rand Paul, and Ron Paul are demanding a full audit of Fort Knox—an event that hasn’t happened in over 50 years.

Could this be part of a major monetary reset?

And why does the U.S. still value its gold reserves at just $45/oz when market prices exceed $2,900/oz?

Veteran market analyst Peter Grandich shares his insights on this unfolding gold mystery. He explains who’s buying gold, what’s next for the U.S. dollar, and whether gold is about to be revalued.

With China and Russia aggressively increasing their reserves and global de-dollarization accelerating, could we see the return of a gold-backed financial system?

 Then, in a stunning turn of events—just one day after this interview was taped—President Trump announced aboard Air Force One that his administration will conduct an audit of U.S. gold reserves to “make sure it’s there.”

What could this mean for markets, the dollar, and gold’s future price trajectory?

Key Topics:

Why gold is flowing into the U.S.—who’s behind it?

Could the U.S. Treasury be preparing for a gold audit?

What happens if Fort Knox is missing gold?

Could a gold revaluation fix the debt crisis?

How are China and Russia reshaping the global gold market?

Where does gold go next—$3,500, $5,000?

00:00 Introduction: Gold Market

 01:34 US Gold Valuation and Market Dynamics

04:50 Debt and Economic Implications

08:24 Global Gold Transfers and Market Impact

11:57 Potential Fort Knox Audit Outcomes

 17:39 Global Shift Towards Gold-Backed Systems

 26:11 Investment Opportunities in Gold Mining

https://www.youtube.com/watch?v=ePYssvU1yTQ

More News, Rumors and Opinions Thursday PM 2-20-2025

Ariel:  The Odds of a Rate Change Remain High

2-20-2025

Time Is Running Out

No liquidity.
No dollar.
No revenue.
No deposits.
No withdrawals.
No market volume.

What is the next best thing to do if you plan on making it out of this financial constraint on your economy before more sanctions and more economic turmoil ensues? You change the exchange rate. Which I presume they only have days to do. Turkey is waiting on them to make decisions prior to Monday that will determine the fate of everything else contingent upon this oil export.

Majeed:  The government may resort to printing new money to cover the deficit Print new notes with small denom that has strong value

Paul Bruno:  seems to say more work needs to be done and the dinar needs to crash first. I trust him because he’s been the only voice of, not now, with reason

You can not crash your way into a new exchange rate like some unexpected hard drop in value then all of sudden this miraculous exchange rate comes in and saves the day.

A “crash” could occur if confidence in the dinar erodes due to external shocks (e.g., sanctions, oil price drops) or internal mismanagement, but it’s not a prerequisite for a rate change.

Something that is looming overhead due to their procrastination and reluctance because many will be going to prison after this. They know the corruption will come to an end. This is why they are dragging their feet and being forced into compliance.

The CBI could act preemptively to prevent such a crash by adjusting the rate based on current economic data and projections. This is why it is smart of them to do this now to avoid this. You have to know in order for you to have proper confidence in somebody else notion. You all keep riding the fence and two horses at the same time.

A crash would be destabilizing and counterproductive to Iraq’s current goals of stabilizing salaries, managing oil revenue, and avoiding public unrest. Instead, the CBI is more likely to adjust the rate proactively potentially this week or before February ends.

Based on economic necessity, oil export resumption, and fiscal pressures, as outlined in posts by Majeed and other developments we’ve discussed.

The odds of a rate change remain high (70-80% this week, 80-90% before month-end) without requiring a dinar crash.

If anything, the CBI would aim to prevent such a crash by acting decisively now. This is why the media in Iraq is now talking about introducing new currency and urging a rate change. Why? Because they want to avoid the very thing that @snwse21 claim needs to happen prior to the new exchange rate.

Source(s):
https://x.com/Prolotario1/status/1892285199461077449
https://x.com/Prolotario1/status/1892338564073213965

https://dinarchronicles.com/2025/02/20/ariel-prolotario1-the-odds-of-a-rate-change-remain-high/

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

Frank26  Article:  "New US sanctions shake Iraqi banking sector, ban use of payment cards abroad"   Lies! ...Be careful what you read.  Article:   "Al-Nusairi: No sanctions on Iraqi banks, and false reports cause panic" SETTING THE RECORD STRAIGHT ON THE MONETARY REFORM OF IRAQ...You know very well that we're very close and you know very well when you're very close they're going to try to [hide, distract, over the truth]...It's not a coincidence that their government and our government is a mirror image.  It's not a coincidence...

Fnu Lnu   One member of the Singapore Investment Group has been in San Francisco since Sunday. I finally got an opportunity to speak with her for an extended amount of time. She filled me in on some of the details...The Iraqis have proven to be less than attentive students. Learning is going slowly with some of the principles being resistant to the global methods and technical operations. She is getting these reports directly from one of the consulting group members, but would not say which one. Could be Wyman or K2...This may take a little time... Realize, an entire generation has passed so the youth have never known efficiency or the sense of urgency nor have they ever had purchasing power for the worthless currency. It is a sad situation to say the least. Meanwhile, we wait.

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

U.S. Gold Reset Incoming? - (Fort Knox Audit Could Change Everything)

Smart Silver Stackers:  2-20-2025

Recent developments suggest the U.S. government could be preparing to revalue its gold reserves, potentially increasing their book value by over $700 billion.

Treasury Secretary Scott Bessent has hinted at 'monetizing the asset side of the balance sheet'—but what does that really mean?

Could this be the first step toward a currency reset?

And why are record amounts of gold bullion flowing into the U.S.?

Join me as we explore the potential impact on gold prices, inflation, and the financial system. Don’t miss this one!

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

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 2-20-25

Good Morning Dinar Recaps,

NEW SEC CYBER UNIT CLOSES CHAPTER ON AGENCY'S CRYPTO ENFORCEMENT EMPHASIS

The SEC's Republican leaders have shifted what had been a crypto-focused enforcement squad into a smaller group with a broader responsibility.

▪A new name for the U.S. Securities and Exchange Commission's former crypto enforcement unit seems to illustrate the changing approach the agency is taking toward the industry.

▪The SEC has removed "crypto" from the name of the group and backed away from the previous digital-assets-heavy focus.

The U.S. Securities and Exchange Commission unit tasked with chasing bad guys in the crypto space will be smaller and called something significantly different, the agency said Thursday, further cementing its trend away from an aggressive enforcement stance against the industry.

In three years, the same internal group has transitioned from the "Cyber Unit" to the "Crypto Assets and Cyber Unit" and now to the "Cyber and Emerging Technologies Unit," seemingly taking some focus off its crypto role.

In 2022, then-Chairman Gary Gensler's SEC announced the enforcement squad was almost doubling to 50 people. The latest announcement says it will include "approximately 30 fraud specialists and attorneys across multiple SEC offices."

"The unit will not only protect investors but will also facilitate capital formation and market efficiency by clearing the way for innovation to grow," Acting Chairman Mark Uyeda said in a statement, which also announced Laura D’Allaird as the head of the overhauled group."It will root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies.”

That language sharply contrasts with the crypto-focused rhetoric from Gensler in 2022, when he said the unit would pursue "those seeking to take advantage of investors in crypto markets."

President Donald Trump elevated Republican Uyeda from his role as commissioner to run the agency on an interim basis while the U.S. Senate considers the nomination of former Commission Paul Atkins for the permanent job. Uyeda isn't sitting on his hands during the wait and has already been remaking the SEC, especially in relaxing its strong past distrust of crypto.

@ Newshounds News™

Source:  CoinDesk

~~~~~~~~

BRICS CONTINUE TO DISCUSS ALTERNATIVE PAYMENT OPTIONS TO THE US DOLLAR

The BRICS alliance continues to discuss new and alternative payment options to challenge the US dollar on the global stage. Russian Foreign Minister Sergey Lavrov confirmed that the alliance is looking to create a trans-border payment initiative.

The idea is being discussed at the initiative of Brazil, which will host the 17th summit in Rio De Janeiro on July 6-7, 2025. Brazil will chair the upcoming summit to promote reform in global governance.

BRICS vs the US Dollar: Alternative Payments Being Discussed

Suggestions to create a trans-border payment initiative are being floated by Brazil and could discuss the prospects at the upcoming summit in July. BRICS is looking for a payment settlement other than the US dollar and usher into a new global financial infrastructure.

“This is being discussed in BRICS, at the initiative of (Brazilian President Luiz Inacio). The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks.

Such proposals have been made, they suggest, in particular, the creation of a so-called trans-border payment initiative, the creation of a reinsurance company, and the BRICS Clear settlement and depositary infrastructure,” said Lavrov.

The summit could face challenges as US President Donald Trump has vowed to protect the dollar from the BRICS onslaught. The alliance needs to carefully navigate threats of tariffs and cuts in aid in the upcoming summit in July. De-dollarization could no longer be easy as Trump has warned developing countries of consequences if they stray away from the US dollar.

BRICS might find it harder to create a new payment system and challenge the US dollar in 2025. Trump is watching the group and could come up with tariffs that might alter the course of the alliance.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

Senate vote 51-49.   Kash Patel is Confirmed as Trump's FBI Director.

@ Newshounds News™

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Subscribe to Seeds of Wisdom Team™ Newsletter

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