
Economist’s “News and Views” Wednesday 3-5-2025
Jim Willie: Trump's Plans With Ripple (XRP) & Precious Metals Backing
Arcadia Economics: 3-5-2025
With the Trump administration recently releasing the list of the 5 cryptos that it expects to hold in a strategic reserve, there's a lot of attention on Ripple (XRP), which Dr. Jim Willie thinks is headed for a precious metals backing.
And to hear his latest thoughts on what the Trump team is planing, gold, silver, and more, click to watch part 2 of this interview with Jim!
Jim Willie: Trump's Plans With Ripple (XRP) & Precious Metals Backing
Arcadia Economics: 3-5-2025
With the Trump administration recently releasing the list of the 5 cryptos that it expects to hold in a strategic reserve, there's a lot of attention on Ripple (XRP), which Dr. Jim Willie thinks is headed for a precious metals backing.
And to hear his latest thoughts on what the Trump team is planing, gold, silver, and more, click to watch part 2 of this interview with Jim!
Atlanta Fed Now Predicting US Recession...Is It Time To Panic?
George Gammon: 3-6-2025
GOLD to $3,600? Liquidity Crisis Sparks Big Move! | Michael Howell
Soar Financially: 3-5-2025
The “King of Liquidity” Michael Howell, founder and president of CrossBorder Capital, joins us for an in-depth discussion on global liquidity flows.
Michael breaks down the hidden dynamics behind secret liquidity injections, unconventional Fed stimulus measures, and China’s struggle to maintain the yuan’s parity.
He explains why the U.S. dollar may soon lose its shine against gold and whether Trump’s iconoclastic ideas could signal a return to a loose gold standard.
00:00 – Intro
00:32 – Meet Michael Howell
01:40 – Global Economy Overview
02:31 – How Central Banks Affect Markets
03:59 – The Fed and Liquidity
05:40 – Effects of Liquidity Injections
07:19 – Fed’s Balance Sheet Explained
09:11 – Bank Reserves & Stress Tests
10:18 – Global Liquidity Cycle & 2025 Forecast
12:00 – Impact on Gold & Cryptocurrencies
13:58 – Bitcoin & Ethereum as Hedges
16:07 – Gold as an Inflation Hedge
18:01 – Drivers of Global Liquidity
21:29 – Market Volatility & Collateral
23:45 – US Treasury Yields Explained
26:45 – Rising Debt & Gold Prices
29:00 – China’s Impact on the Dollar
31:24 – Liquidity & Gold Price Forecast
32:00 – Global Debt & Refinancing Challenges
35:32 – Changes in Capital Markets
38:13 – Maturity Wall & Refinancing Risks
40:09 – Future Liquidity Crisis
42:21 – China’s Monetary Policy Impact
47:20 – Short-Term vs. Long-Term Liquidity
48:09 – Investor Tips: Gold, Bitcoin & Hedges
52:00 – Will the Fed Buy Bonds?
54:12 – Conclusion & Outro
Iraq Economic News and Points to Ponder Wednesday Afternoon 3-5-25
Evaluation Of The Central Bank's Journey In 22 Years
Samir Al-Nusairi
Since 2003, the Iraqi economy has suffered from financial and banking challenges and crises due to the difficult and complex subjective and objective circumstances that the country has gone through over the past 22 years.
Since the monetary policy of the Central Bank, according to its Law No. 56 issued in 2004, is responsible for achieving economic stability, overcoming the challenges of the financial and monetary system, and addressing the structural imbalance in the economy in the transition from a rentier economy to a real (productive) economy, as well as from a monetary economy to a digital economy.
During the above period, the Central Bank went through four important and basic stages:
Evaluation Of The Central Bank's Journey In 22 Years
Samir Al-Nusairi
Since 2003, the Iraqi economy has suffered from financial and banking challenges and crises due to the difficult and complex subjective and objective circumstances that the country has gone through over the past 22 years.
Since the monetary policy of the Central Bank, according to its Law No. 56 issued in 2004, is responsible for achieving economic stability, overcoming the challenges of the financial and monetary system, and addressing the structural imbalance in the economy in the transition from a rentier economy to a real (productive) economy, as well as from a monetary economy to a digital economy.
During the above period, the Central Bank went through four important and basic stages:
First - reducing rampant inflation in 2003, which exceeded 35%, controlling the stability of the exchange rate, building foreign reserves, and controlling the money supply.
Second - overcoming the economic and security shocks in 2014.
Third - addressing the financial crisis during the Corona pandemic in 2020.
Fourth - controlling the exchange rate, regulating foreign trade financing, achieving digital transformation, enhancing financial inclusion, and complying with international standards in 2023 and 2024
Considering that the Central Bank, in cooperation with the government, has accomplished important steps towards implementing the financial and banking reform methodology and moving towards completing its strategy to achieve the goals according to the roadmap drawn up in 2025,
it is necessary to evaluate and analyze the economic reality over the past 22 years with impartiality and high transparency and identify cases of failure and dysfunction in the productive economic sectors and procrastination in not implementing the economic reform programs that all successive governments have worked on but have not been able to achieve the goals of radical and comprehensive reform for the reasons above.
However, the reality of the situation and the reform efforts made in 2023 and 2024 have made us, as specialists, look with hope and optimism at what has been achieved and what is planned to be achieved in the next two years based on what is stated in the third strategy of the Central Bank with its main and sub-goals.
The banking reform steps taken by the Central Bank from 2003 to 2024 addressed the effects of the economic and security shocks in 2014, most notably the 75% drop in global oil prices and the government’s inability to pay employees’ salaries on time.
The Central Bank was able to use its foreign exchange reserves and the method of rediscounting treasury transfers to support the government in the amount of 16 trillion dinars, and the crisis was overcome at the time.
In 2015, the Central Bank, in light of these difficult economic conditions, began to move to develop its plans for the coming years and draw up a methodology for banking reform and structural, technical and administrative development of the Central Bank.
This resulted in the issuance of its first strategy for the years (2016-2020),
which included 5 main objectives and 140 sub-objectives, 129 of which were achieved, at a rate of 92%, during the years of implementing the strategy.
It contributed to establishing the basic structures and pillars for moving to a new stage of financial and banking reform, accompanied by the strategic banking projects plan for the years (2019-2023) and the issuance of the second strategy (2021-2023) to complete the achievement of the sub-objectives that could not be implemented in the first strategy, which numbered (11) sub-objectives, during which the government continued to seek help from the Central Bank and obtain (30) trillion dinars, and the total amount owed by the government became (46) trillion dinars.
In 2023, the Central Bank worked on studying the achievements of the two previous strategies and diagnosing the foundations of the desired reform.
The efforts to prepare for the third strategy continued throughout 2023, and the foundations and foundations were built to set the goals for this new strategy for the years (2024-2026), which derived its main and sub-goals from the state's general economic policies and its strategy for financial and banking reform adopted by the government in the government program and from Central Bank Law 56 of 2004.
It included programs with clear goals and initiatives for a period of three years in a special, complex economic and financial circumstance fraught with risks and challenges at the level of internal and external economic and financial relations.
The third strategy identified the main goals with 7 goals, 24 sub-goals and 75 initiatives to achieve
the main and sub-goals and charted the path for banking and financial reform according to the following strategic goals:
1- Supporting and enhancing monetary stability.
2- Enhancing digital transformation, activating electronic payment and supporting cybersecurity.
3- Enhancing financial inclusion
4- Maintaining a sound financial system
5- Developing the organizational structure and human resource capabilities
6- Enhancing the position of the Central Bank locally and internationally
7- Enhancing compliance of the banking sector and the non-banking sector in line with international standards.
Programs, policies and initiatives have been identified to achieve the goals. Perhaps the most prominent program is the launch of the National Strategy for Bank Lending in Iraq (2024-2029) and the approval of the Council of Ministers to implement it, which will restructure banking financing in Iraq,
in addition to leaving the electronic platform and adopting correspondent banks in foreign transfers,
protecting the financial system,
enhancing financial inclusion,
managing monetary and financial stability,
developing oversight and supervision,
developing regulation in the banking sector,
completing the development of the infrastructure for digital transformation,
licensing digital banks,
implementing regulatory policies in the Central Bank in accordance with the frameworks and technologies adopted in global central banks,
raising the capabilities of human resources,
developing banking operations, strengthening the bank's internal and external relations,
and representing it locally and internationally.
What has been presented accurately and transparently for the 22 years of the financial and banking reform process confirms that the next two years will inevitably result in the transition to a comprehensive and radical reform of the Iraqi banking sector and transforming it into a solid sector that contributes to sustainable development. https://economy-news.net/content.php?id=53139
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Wednesday Evening 3-05-25
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EXCLUSIVE: GOP LAWMAKERS UNVEIL BILL TO ‘END THE FED’
Republican Utah Sen. Mike Lee and Kentucky Rep. Thomas Massie will reintroduce legislation Wednesday afternoon to abolish the Federal Reserve.
The bill, titled the Federal Reserve Board Abolition Act, would dissolve the Board of Governors of the Federal Reserve System and each Federal Reserve bank with a one-year timeframe. The bill would also repeal the 1913-era legislation that created the central bank to oversee U.S. monetary policy, according to the bill text shared exclusively with the Daily Caller News Foundation.
Good Evening Dinar Recaps,
EXCLUSIVE: GOP LAWMAKERS UNVEIL BILL TO ‘END THE FED’
Republican Utah Sen. Mike Lee and Kentucky Rep. Thomas Massie will reintroduce legislation Wednesday afternoon to abolish the Federal Reserve.
The bill, titled the Federal Reserve Board Abolition Act, would dissolve the Board of Governors of the Federal Reserve System and each Federal Reserve bank with a one-year timeframe. The bill would also repeal the 1913-era legislation that created the central bank to oversee U.S. monetary policy, according to the bill text shared exclusively with the Daily Caller News Foundation.
The congressional Republicans’ reintroduction of legislation to abolish the central bank comes after President Donald Trump has floated exerting more authority over the Federal Reserve and its monetary policy decisions.
The president signed an executive order Feb. 18 to expand his authority over so-called independent agencies but notably exempted the Fed and its authority to set monetary policy and interest rates without presidential oversight.
“[P]revious administrations have allowed so-called ‘independent regulatory agencies’ to operate with minimal Presidential supervision,” Trump wrote in the executive order.
Lee and Massie have consistently advocated for ending the independence of the Federal Reserve, citing their belief that the central bank has mismanaged monetary policy and contributed to inflation. Elon Musk has notably backed their efforts.
Trump repeatedly clashed with Federal Reserve chair Jerome Powell during his first administration. The president criticized Powell for failing to “beat” inflation after the central bank chose not to cut interest rates on Jan. 29.
“The Federal Reserve has not only failed to achieve its mandate, it has become an economic manipulator, directly contributing to the financial instability many Americans face today,” Lee told the DCNF. “We need to protect our economic future, end the monetization of federal debt that fuels unchecked federal spending, and put American money on solid ground. We need to End the Fed.”
“Americans have suffered under crippling inflation, and the Federal Reserve is to blame,” Massie told the DCNF. “During COVID, the Federal Reserve created trillions of dollars out of thin air and loaned it to the Treasury Department to enable unprecedented deficit spending. By monetizing the debt, the Federal Reserve devalued the dollar and enabled free money policies that caused high inflation.”
“Monetizing debt is a closely coordinated effort between the Federal Reserve, Treasury Department, Congress, Big Banks and Wall Street,” Massie continued. “Through this process, retirees see their savings evaporate due to the actions of a central bank pursuing inflationary policies that benefit the wealthy and connected. If we really want to reduce inflation, the most effective policy is to end the Federal Reserve.”
Lee and Massie previously introduced the legislation during the 118th Congress in June 2024, but neither bill advanced in the House or Senate.
@ Newshounds News™
Source: The Daily Caller
Download: Link
~~~~~~~~~
BITCOIN TO BE TREATED DIFFERENTLY FROM ALTCOINS IN US CRYPTO RESERVE, SAYS HOWARD LUTNICK: REPORT
▪️A model for the US crypto reserve is set to be revealed at the inaugural White House Crypto Summit on Friday, according to The Pavlovic Today.
▪️The President is interested in a bitcoin strategic reserve, while other tokens will be treated positively but differently, Commerce Secretary Howard Lutnick told the outlet.
More details about the potential US crypto reserve are set to come out of the White House's inaugural Crypto Summit on Friday, according to independent political news outlet The Pavlovic Today.
"The President definitely thinks that there's a bitcoin strategic reserve," Commerce Secretary Howard Lutnick reportedly told the outlet. "Now there will be the question of, how do we handle the other cryptocurrencies? And I think the model is going to be announced on Friday when we do that."
Lutnick suggested to The Pavlovic Today that bitcoin would receive a "unique status" under Trump's plans.
"A bitcoin strategic reserve is something the President's interested in. He spoke about it all during the campaign trail, and I think you're going to see it executed on Friday,” Lutnick said. "So bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently — positively, but differently," he added.
The White House Crypto Summit will be chaired by Trump's Crypto Czar David Sacks and Presidential Working Group on Crypto Executive Director Bo Hines.
Some of the Attendees:
Strategy co-founder Michael Saylor, Coinbase CEO Brian Armstrong, Kraken co-CEO Arjun Sethi and Chainlink co-founder Sergey Nazarov are expected to be among the crypto industry leaders in attendance.
President Trump announced on Sunday that, following his January executive order, he had directed a working group to "move forward" on a U.S. Crypto Strategic Reserve, including BTC, ETH, XRP, SOL and ADA — with those assets initially rising 10%, 15%, 25%, 30% and 70% from last week's lows, respectively.
Bitcoin subsequently dropped over 10%, and ether plunged more than 15% after Trump's announcement of new tariffs on imports from Canada, Mexico and China fueled risk-off sentiment — erasing the crypto reserve news gains on Monday.
Despite the recent announcements, questions remain over how any such reserve would be funded and how likely it is to be enacted — with Federal Reserve and Treasury Department options both likely to require new legislation to be passed by Congress.
@ Newshounds News™
Source: The Block
~~~~~~~~~
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Bruce’s Big Call Dinar Intel Tuesday Night 3-4-25
Bruce’s Big Call Dinar Intel Tuesday Night 3-4-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody the big hall tonight. It's Tuesday. Let's see March the fourth. I had to thank dinner Tuesday, March, 4, and you're listening to the big listening an hour early, if you're live on the big call, because as the email went out, hopefully everybody received it for doing the call an hour earlier. So everybody gets a President Trump addressed both houses of Congress tonight at nine o'clock Eastern, I'm going to be watching on Newsmax, but I'm sure it'll be on a lot of different channels.
All right, we're moving right along in the big call tonight. Let's I want to clarify something that a listener wrote in to Bob on, and he told me about it today, and that is the proper designation of NESARA and GESARA, I did not have it right.
Bruce’s Big Call Dinar Intel Tuesday Night 3-4-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody the big hall tonight. It's Tuesday. Let's see March the fourth. I had to thank dinner Tuesday, March, 4, and you're listening to the big listening an hour early, if you're live on the big call, because as the email went out, hopefully everybody received it for doing the call an hour earlier. So everybody gets a President Trump addressed both houses of Congress tonight at nine o'clock Eastern, I'm going to be watching on Newsmax, but I'm sure it'll be on a lot of different channels.
All right, we're moving right along in the big call tonight. Let's I want to clarify something that a listener wrote in to Bob on, and he told me about it today, and that is the proper designation of NESARA and GESARA, I did not have it right.
It should be for NESARA - National Economic Security and Reformation Act, national economic security, which makes a lot of sense, economic security and reformation act that's NESARA
GESARA is Global Economic Security And Reformation Act, okay, so thank you for the clarification on that. Since I haven't seen that ever in writing, it was good to see it and clarify what it is I have been saying incorrectly. Now So I appreciate that very much.
There are some people out there that are thinking that they or somebody else, might get the 800 numbers earlier than others, and from what I'm hearing from our sources, that is not the case. Nobody is going to get it and put it out any earlier than anybody else.
Now, there was a time I was informed that I was going to get the number a little bit early, and that appears not to be the case anymore. It appears everybody's going to get the number when the emails come out, and that's when it'll get out.
So there's no advantage if you're listening to someone else or you're listening to the big call, you know, you should have it in your email at approximately the same time.
Now it could come out where East Coast people get it earlier, because they have a time advantage of getting it at the time, and then maybe Central Time is an hour later, because it's leaving time as it is, but it's in a different time zone. Same thing with Mountain Time, same thing with Pacific Time, and then Alaska, Hawaii, or two other time zones.
So that's going to be that's going to be interesting to see exactly how that does come out. I was told my theory of everybody getting it at the same time in their time zone was a correct theory. So let's see how that plays out. But nobody has any advantage over anyone else to put it out any sooner - that’s not really the case.
We're going to go with this it comes to the timing. We had heard that the bond holders have received, but we haven't confirmed it yet that they have received their emails. They have received their emails.
They have received. Their emails that show they have received in other words, their accounts have been funded. Let me clarify that their accounts have been funded. Now when will they get access. That is a big question. We think they're going to receive that email that gives them access or tells them when they get access to their accounts at the same time, we get emails giving us a toll free number to set our appointments –
See they've already, you know, used their bonds, tier three bond holders, those guys have already ponied up their bonds. They've already been checked out on that and their, for instance, for those bond transactions, have already been placed in their account.
But they don't ……. They know approximately how much they're going to get, but they don't have access to the money yet. Well, they're supposed to get access to the money at about the same time that we get access to our appointments, either get notified to set up our appointments, or actually get in to begin our exchanges at the redemption center.
And remember, the rates at the redemption centers will be higher than those at the banks. The only exception that I've heard of on that has been the Vietnamese Dong, the Dong rate at the redemption center yesterday was it was the same as it was in the banks. That's the exception for the rule the dinar is going to be much higher at the redemption center, because they're going to offer us a contract rate on the dinar. I told you guys roughly where that range was okay
Zim is on par with the USN dollar and -- what else? there are other currencies and they should all be between four and seven. Between four and seven currencies that are going up in value are all going to be in that range of four to seven, and that's really exciting, too.
Let's see what else. Okay, let's talk about the timing for us to get notified, and then we'll bring in some of the other things that are that are also happening that Jeanie has in her post today,
We should -- Okay, here's the timing on this -- tonight, Trump is making his speech in front of both chambers of commerce. Set to go off at about nine o'clock. I've been told he will actually start speaking at about 9:05 tonight, Eastern Time, 9:05 -- so take a few minutes for him to go through the crowd, shake a few hands, the applause to settle, all of that - he should be getting started about five minutes after nine, so we're in good shape.
Then -- And I want everybody to watch this thing and see what all he has to say. I've heard he's going to talk about going to be very exciting. He might, hopefully he'll throw a couple surprises in there. He's not supposed to talk about our asset backed currency, or our gold backed currency, yet, not for a few days.
They don't going to happen until the weekend, when the markets are closed due to market volatility. Don't look for that part of NESARA, which it is - part of NESARA and GESARA really, to occur tonight.
I think it's going to talk quite a lot of but what I want to talk to you about is the timing.
What we've heard is during the President's speech, those emails for the bond holders would go out tonight, so they would be able to receive them overnight or in the morning tomorrow, as to when they will get access to their funds, they're supposed to go out during his speech. Now, notifications for us in tier four, A and B are supposed to come out, starting two hours after the speech ends tonight.
Now, do you think we'll get something over night tonight? I seriously doubt it. I think it'll be something in the morning, I think we will receive them tomorrow if everything goes well, because we know redemption center leaders, some of whom are going in to the redemption Center at 815 in the morning tomorrow, 8:15am and I'm thinking that makes sense, because we should be getting our notifications .
Now - Does it mean we get our notifications in the morning? Not necessarily? No. It could be that we get it anytime tomorrow. There's been no time given to me. We receive our notifications, and it could be that we receive them Wednesday tomorrow, and then we set our appointments, and we even start exchanges on Thursday. That's very possible, so they'll be faked out if the emails that are coming in with the toll free number don't be faked out if they don't come in first thing in the morning, it might be a little later on purpose.
Okay, so that's supposed to be the timing on the releases, but if you think about it, if you don't have staff in the redemption center when these come out, if they came out overnight how are you going to set appointments with somebody at the redemption center, if they're not in and they're not going to be in tonight, they're not going to be in till tomorrow, so I would look for it sometime tomorrow to come out.
All right, now, let's go into a couple other things. We were hearing that the DOGE Department of Government Efficiency. They're calling DOGE checks. Some people that are not getting direct deposits, like they do for Social Security, etc, will get a check from the US Treasury by certified mail.
Now we heard that they were to start to go out. The checks would start to go out today. I don't have confirmation time for that. They might not have gone out today, and they might not start until tomorrow or the next day, but those of us on Social Security will get our direct deposit into that same account, same bank account.
Okay, that should start any day now, we're hearing we get DOGE in the first 10 days of March, and today's only the fourth. So I think it's very possible we get some of those checks tomorrow. I don't know if President Trump's going to talk about those monies going out, but I did hear from some pretty reliable people that that is supposed to happen, not for 12 months but for 13 months straight, which is an extra bonus month, which is great. So those will be interesting to see that those come in to our bank accounts.
Let's see beyond that increase in Social Security is supposed to occur this month, and whether it'll occur on your same Social Security Day, which starts tomorrow for some people, some people are the 5th 12th 19th, 26th - those are your four Wednesdays in March, 5th , 12th , the 19th and the 26th so let's see what happens on that
I’m thinking those will happen this month as an increase, and the increase is going to be pretty substantial for most of us. The other thing is R and R, the restitution reconciliation allowance, R and R for those exchanging will be at the redemption center. We'll get it there when we exchange, and we'll tell them, they'll have social security number – they will look it up – the last four digits of your solar they'll be able to look it up and see it, and then they'll be able to tell us what that is and the amount it is, and it should go into the quantum account
It should occur if I understand the timing is right – it should occur after the currency has been exchanged, after we've done the exchange of our currencies and the redemption of our Zim notes.
Okay, then don't forget to write down on your pad to ask about R and R, okay, ask about that. Get the amount. It won't be broken down for you. You're going to get a lump sum total at the redemption center. Ask what that is, and then you'll be all set.
Okay, so we've got the RV happening. We think the notifications starting tomorrow. Okay, we've got the dose checks coming out, direct deposit for a lot of us and checks for other people. And we've got the increase in Social Security this month, and we've got, but have I forgotten anything? Increase in social DOGE - R and R and of course the RV, those four this month of March the 4t and should be an excellent month. Should be a terrific month.
All right, so let's see. I think that's everything I wanted to say, The other thing is, I'd like to pray the call out. So let's do that now, Thank you guys for coming in an hour early now, everybody. Tune in and enjoy speech tonight. God Bless.
Bruce’s Big Call Dinar Intel Tuesday Night 2-25-25 REPLAY LINK Intel Begins 36:36
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Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-05-25
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CUSTODY AND TRANSFERS OF NON-MICA-COMPLIANT STABLECOINS NOT RESTRICTED — ESMA
The European Securities and Markets Authority confirmed that MiCA rules do not explicitly ban non-compliant stablecoin custody and transfers.
The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use.
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CUSTODY AND TRANSFERS OF NON-MICA-COMPLIANT STABLECOINS NOT RESTRICTED — ESMA
The European Securities and Markets Authority confirmed that MiCA rules do not explicitly ban non-compliant stablecoin custody and transfers.
The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use.
On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt, for users in the European Economic Area (EEA).
Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.
According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.
Custody and transfer of non-MiCA-compliant tokens “not explicitly prohibited”
“Under MiCA, custody and transfer services do not in themselves constitute an ‘offering to the public’ or ‘seeking admission to trading’ of non-compliant asset-reference tokens or e-money tokens,” a spokesperson for the ESMA told Cointelegraph on March 4.
“These services are therefore not explicitly prohibited under Titles III and IV of MiCA,” the representative added.
Although the ESMA acknowledged that deposits and withdrawals of non-MiCA-compliant stablecoins are not prohibited, it stressed that European crypto asset services providers (CASPs) should “prioritize restricting services that facilitate the acquisition” of such assets, citing its guidance issued on Jan. 17, 2025.
Another area of confusion over MiCA?
Referring to its January guidance, the ESMA reiterated that CASPs are allowed to maintain “sell-only” services — or withdrawals — until March 31 to allow investors to exit their positions.
“Therefore, it is important that all CASPs carefully assess whether any of their services amount to an offer to the public under MiCA,” the agency told Cointelegraph.
ESMA’s confirmation that MiCA does not explicitly restrict USDt custody and transfers — while also advising CASPs to halt withdrawals after March 31 — adds to ongoing confusion over MiCA compliance.
Juan Ignacio Ibañez, a member of the Technical Committee of the MiCA Crypto Alliance, has previously highlighted that MiCA-triggered USDt delistings have been subject to many debates.
The confusion over MiCA implications for non-MiCA-compliant stablecoins is not the only area of debate regarding Europe’s new crypto regulations.
Many industry observers have previously pointed to compliance questions arising from MiCA not addressing crucial industry sectors, such as tokenized real-world assets, cryptocurrency staking and others.
“ESMA and National Competent Authorities are closely monitoring market developments continuously to ensure an orderly transition to the MiCA regime,” a spokesperson for ESMA said.
@ Newshounds News™
Source: CoinTelegraph
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RIPPLE-BACKED NON-PROFT LAUNCHES TO EDUCATE AMERICANS ON CRYPTO
The National Cryptocurrency Association, a new non-profit organization dedicated to enhancing Americans’ understanding of cryptocurrencies, officially launched today.
The NCA has a mission of promoting crypto literacy and safe adoption nationwide in the United States.
Backed by a $50 million grant from Ripple XRP, a leading blockchain company, the NCA aims to demystify cryptocurrencies and serve as a comprehensive resource for individuals interested in using, holding, or learning more about digital assets.
“Crypto going mainstream is no longer a question of ‘if’ but ‘when’,” said Stuart Alderoty, President of the NCA. “Millions are already benefiting from crypto, making it quicker and easier to shop online, send money anywhere in the world, create apps, art, and games, or build financial futures. We’re giving a voice to users from all walks of life and serving as a guide for how to use crypto responsibly.”
The NCA website offers guidance and questionnaires for those interested in entering or investing in cryptocurrency. It features stories of everyday cryptocurrency holders and provides conversational advice for beginners.
Crypto poll findings
To assess current crypto engagement, the NCA partnered with Harris Poll to survey 10,000 U.S. cryptocurrency holders. The findings revealed that 81% are interested in learning more about the future of crypto.
Additionally, one in five American adults already use cryptocurrencies, with 76% of users reporting positive impacts on their lives, including increased financial independence and opportunities for personal growth.
The survey also highlighted diverse applications of cryptocurrencies among users:
▪39% use it for shopping
▪32% have bought, sold, or used NFTs
▪31% send crypto to family
“The opportunity for crypto — especially in the US — is now stronger than ever,” said Brad Garlinghouse, CEO of Ripple, emphasizing the timeliness of the NCA’s mission.
The NCA plans to provide educational resources, including easy-to-understand explainers and real stories from everyday people using crypto, to bridge the knowledge gap and promote responsible usage.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
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More News, Rumors and Opinions Wed. Afternoon 3-5-2025
KTFA:
Clare: Iraq increases its gold reserves by 10 tons
3/5/2025
The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons.
According to the latest schedule published by the Council in March, which Shafaq News Agency reviewed, "Iraq increased its gold holdings by 10 tons to reach 162.7 tons after it was 152.7 tons during the past month, which represents 13.6% of its other remaining reserves."
KTFA:
Clare: Iraq increases its gold reserves by 10 tons
3/5/2025
The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons.
According to the latest schedule published by the Council in March, which Shafaq News Agency reviewed, "Iraq increased its gold holdings by 10 tons to reach 162.7 tons after it was 152.7 tons during the past month, which represents 13.6% of its other remaining reserves."
He added, "Iraq reached the 28th rank on the list out of 100 countries included in the table," indicating that "Iraq came in fourth place in the Arab world after Saudi Arabia, Lebanon and Algeria."
The Council pointed out that "the United States of America tops the list of countries with the largest gold holdings in the world, with 8,133 thousand tons, followed by Germany with 3,351 thousand tons, then Italy with 2,451 thousand tons, while Iceland came in last with 2 tons."
Increasing gold reserves means increasing the amount of gold held by the state or the central bank as a financial reserve, in order to enhance financial security and the ability to confront economic or financial crises.
The World Gold Council is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world. LINK
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Clare: In the coming days.. Parliamentary expectations of resuming the export of Kurdistan oil via Ceyhan
3/5/2025 Information / Baghdad..
Member of the Iraqi Council of Representatives Yahya Al-Muhammadi expected, on Wednesday, the consumption of oil exports from the Kurdistan Region via Ceyhan, Turkey, after it had been suspended for many months.
Al-Muhammadi said in a statement to / Al-Maalouma / agency, that “amending Article 12 constitutes a roadmap for resuming oil exports,” noting that “oil exports will be via Ceyhan, Turkey, through the SOMO company.”
He added that "Article Twelve of the Budget Law, which was previously amended, includes compensating the Kurdistan Regional Government for the costs of production and transportation for extracting oil, which the central government set at sixteen dollars."
He pointed out that "the Kurdistan Region is on the threshold of exporting oil and handing over oil revenues to the central government according to the mechanisms specified in the Budget Law and its amendment." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...we are not likely to see any reinstatement of the dinar until Iran is broken. I mean the government leadership toppled and the terrorist networks abolished...I am told by my CBI contact this must take place to move ahead in Iraq and free Iraq. As long as Iran exists in its present state, the U.S. is NOT going to release (or free) its dinar to the world. [Post 1 of 2....stay tuned]
Mnt Goat In the midst of the issues with Iran and the U.S., things are still moving ahead in Iraq. It may be an uphill battle for Al-Sudani and Al Ali-Alaq but they is still aggressively moving forward...the dinar is finally rising in relation to the dollar. Yes, the dinar is finally slowly rising. It should not be long before Iraq rises to the top of the middle east and they advance in the rest of the world in global stature. [Post 2 of 2]
Proof the IQD Is Set to Increase in Value!
Edu Matrix: 3-5-2025
In this eye-opening video, join Sandy as we explore the crucial factors influencing your IQD investment. Discover how the Iraqi Dinar is strategically positioned for a potential increase in value, guided by insights from an ex-CIA officer.
Gain a deeper understanding of the U.S. economy and how it ties into international trade benefiting Iraq’s currency. Learn how Iraq's Development Road Services could boost the demand for IQD, driving its value higher.
What if the exchange rate reaches 25 cents to one IQD? Could you be in line for a significant return?
DUMP IT! US DOLLAR FREEFALL... (GET OUT OF THE DOLLAR NOW). IMPORTANT UPDATES.
Greg Mannarino: 3-5-2025
Tariffs to Cause Ripple Effects in the Gold Market
Tariffs to Cause Ripple Effects in the Gold Market
Arcadia Economics: 3-4-2025
Financial analyst Jim Willie is sounding the alarm, claiming the recent implementation of Trump’s tariffs at midnight is a watershed moment with potentially massive implications for the gold market and the global economy.
In a recent appearance on Arcadia Economics, Willie expressed a level of excitement rarely seen, suggesting these tariffs are triggering a cascade of events more significant than anything he’s witnessed since launching his influential newsletter back in 2003.
Willie’s optimism, while perhaps counterintuitive given the potential for economic disruption, stems from his belief that these tariffs are a catalyst for exposing underlying vulnerabilities and ultimately reshaping the financial landscape.
Tariffs to Cause Ripple Effects in the Gold Market
Arcadia Economics: 3-4-2025
Financial analyst Jim Willie is sounding the alarm, claiming the recent implementation of Trump’s tariffs at midnight is a watershed moment with potentially massive implications for the gold market and the global economy.
In a recent appearance on Arcadia Economics, Willie expressed a level of excitement rarely seen, suggesting these tariffs are triggering a cascade of events more significant than anything he’s witnessed since launching his influential newsletter back in 2003.
Willie’s optimism, while perhaps counterintuitive given the potential for economic disruption, stems from his belief that these tariffs are a catalyst for exposing underlying vulnerabilities and ultimately reshaping the financial landscape.
He argues that the tariffs will act as a chokehold on global trade, disrupting supply chains and potentially triggering inflationary pressures.
“This isn’t just about trade,” Willie explains. “It’s about unraveling decades of unsustainable economic practices. The tariffs are a pressure point, forcing nations to re-evaluate their reliance on the dollar and explore alternative trading mechanisms.”
According to Willie, the disruption caused by the tariffs will expose the fragility of the current financial system, pushing investors towards safe-haven assets like gold.
He anticipates a significant surge in demand for gold as governments and individuals alike seek to protect their wealth from currency devaluation and economic instability.
“Gold is the ultimate insurance policy,” Willie argues. “As the global economy teeters, people will flock to it. The tariffs are essentially throwing gasoline on the fire, accelerating the inevitable shift towards a gold-backed system.”
While many economists and analysts express concern over the potential negative consequences of trade wars, Willie views them as a necessary evil. He believes they are forcing nations to confront long-ignored imbalances and pave the way for a more equitable and sustainable global financial order.
Whether Willie’s predictions prove accurate remains to be seen. However, his perspective offers a compelling counterpoint to the prevailing narrative surrounding the Trump tariffs, suggesting they could be the catalyst for a significant shift in the gold market and the global economy. Investors and economic observers alike will be closely watching the developments in the coming months to see if Willie’s bullish predictions for gold come to fruition.
MarkZ Chats From Tues.Pm/Wed. AM 3/4 and 3/5
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
From Tuesday Night Podcast:
MZ: On the bond side…have to be careful what I can say right now. But news is screaming in right now.
MZ: What I can comfortably say at this point: The overwhelming amount of my bond sources are very excited about what they have learned today and the appointments they have been to. They are now being told that all the seven major groups will be paid in full over the next two weeks.
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
From Tuesday Night Podcast:
MZ: On the bond side…have to be careful what I can say right now. But news is screaming in right now.
MZ: What I can comfortably say at this point: The overwhelming amount of my bond sources are very excited about what they have learned today and the appointments they have been to. They are now being told that all the seven major groups will be paid in full over the next two weeks.
MZ: Now that does not mean we will be waiting that long. But this is huge news. It means they are rolling it out. They are about to receive full funding….and its starting right away.
MZ: I am excited about the sheer number of contacts that told me today was the day they started moving forward.
MZ: I was even told they were taking the historic art that is tied to bonds.
MZ: “The IRS is drafting plans to cut as much as half its 90,000 person work force. AP sources say” Many now believe they will be cut….or perhaps they will be processing the new national sales tax income. I believe we may be watching Nesara and Gesara happening in real life.
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From Wednesday AM podcast: Coffee with MarkZ, joined by Andy Schectman. 03/05/2025
Member: Good morning to all……
Member: What’s everyone gut feeling on the RV time frame? Days, weeks, months, years?
Member: I think it could go at anytime.
Member: Looks like the gurus are on the same page with the RV going soon…Frank said the same
MZ: So many things are lining up and it’s a little spooky. Things look really great. But can we take it to the bank? Not yet.
Member: Frank26 say Aki and team saw the new rate and date
MZ: “Turkey informs Iraq of the readiness of the Ceyhan pipeline to receive Kurdistan oil” They are reiterating the pipeline is ready , and has been ready for about a year and a half
MZ: “Egypt is looking forward to a “river of dollars” that will come from Iraq. What’s up?” This is about agreements between oil ministers …Egypt is looking forward to finished petroleum products to help protect them from variances in oil prices. They have partnered with Iraq to expand their economic base.
MZ: “Annual inflation in Iraq drops to 2.8%” Flashback to Shabibi- “Give me a safe and stable Iraq and I will give you a new rate”
MZ: Again an article about gold in Iraq: “ Iraq raises its gold reserves by 10 tons” Their gold reserves have reprted an increase of about 45%. They told us years ago that the I-dinar would be a digital dinar backed by physical gold, oil reserves and a basket of currencies. We are watching it play out. .
Member: Iraq has huge amounts of gold and other minerals in the ground still
Member: The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Tuesday, that there are 20 Iraqi banks that practice direct transfer operations in 8 foreign currencies.
Member: Saturday ends the oil/electricity deal between Iraq and iran
Member: Will Iraq have an RV or an RI ? (Revalue or reinstatement)
MZ: I think it will be an RI. Around $3.23 or so at the bare minimum….. More if they take into account-inflation.
MZ: On the bond side we continue to hear of great successes and I continue to be told that by the 17th or 18th of March all bonds would be paid. I was always told only a portion needed to be paid before we get to go.
MZ: I think how we get further into this it will be harder to hide what is going on. How its moving…what is moving…. and who has money. I think things will get pretty exciting over the upcoming week.
Member: Jentel says 80% of bonds are done
MZ: I don’t think they are done yet…but they are all positioned and when they release those funds….boom…she is right and 80% will be finished immediately.
Member: Mike Bara said he know of bond people that got paid and asked to make a currency exchange and the appointment is today
MZ: I do some have been asked to make currency appointments but do not know anyone who has an appointment before the 7th. I am trying to get an update to see if they actually still have that appointment …but I havnt heard anybody say they have appointments today.
Member: was hoping to hear a Nesara announcement on Trumps speech last night…..
Member: I think Nesara is rolling out slowly already…..no announcement needed.
MZ: It was a great speech….was just hoping for a bit more.
Member: I thought the major announcement was that he said he wanted to balance the budget knowing that the last time they balanced the budget was in 1991 when the Kuwaiti dinar valued
Member: A balanced budget is only a request from the President…it takes a concerned Congress to DO IT!
Member: I wish he talked about going to gold standard or any hints as to what we are waiting for…..but maybe we need the audits of the US Treasury, Fed Reserve and Fr. Knox for that?
Member: My fellow Americans, get ready for an incredible future, because the golden Age of America has only just begun. It will be like nothing that has ever been seen before. "
Member: Hopefully DOGE is still working on that behind the scenes.
Member: What happens if they open Ft. Know and there is no gold there?
MZ: What happens if there is more gold there than previously thought? The US would be extremely prosperous . but either scenario would destroy the Fed. Reserve.
MZ: An audit of Ft. Knox has a lot of support now.
Member: we read when it was first brought up that Rand Paul had audit scheduled to be completed around 3-14
Member: Everyone have a good day and don’t give up… The best is yet to come.
Andy Schectman from Miles Franklin joins the stream . Please listen to the replay for his information and opinions.
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
Kick: https://kick.com/theoriginalmarkz
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 NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
Seeds of Wisdom RV and Economic Updates Wednesday Morning 3-05-25
Good Morning Dinar Recaps,
US SENATE VOTES TO OVERTURN CONTROVERSIAL CRYPTO TAX REPORTING RULE
The resolution now awaits a parallel version to advance in the House which must pass a floor vote before heading to Trump’s desk.
On Wednesday, the U.S. Senate passed a resolution to overturn an Internal Revenue Service rule requiring brokers to report gross proceeds from digital asset sales, delivering a significant victory for President Donald Trump’s administration and crypto industry advocates.
Good Morning Dinar Recaps,
US SENATE VOTES TO OVERTURN CONTROVERSIAL CRYPTO TAX REPORTING RULE
The resolution now awaits a parallel version to advance in the House which must pass a floor vote before heading to Trump’s desk.
On Wednesday, the U.S. Senate passed a resolution to overturn an Internal Revenue Service rule requiring brokers to report gross proceeds from digital asset sales, delivering a significant victory for President Donald Trump’s administration and crypto industry advocates.
The measure, introduced under the Congressional Review Act, passed in a 70-27 vote, with Republicans largely united against the rule and many Democrats crossing the aisle in support.
It’s “absolutely mind-blowing” how many Democrats were willing to overturn a rule issued in the Biden Administration, Kristin Smith, CEO of the Blockchain Association, a Washington-based crypto lobbying group, told Decrypt.
The resolution now awaits a parallel version to advance in the House which must pass a floor vote before heading to Trump’s desk for final approval.
The IRS rule, finalized in December 2024 during the final weeks of the Biden administration, significantly expanded the definition of a “broker” to include decentralized finance protocols.
Industry critics argued the measure would impose impossible compliance burdens on permissionless financial systems, force DeFi protocols to register as traditional financial brokers, and require all U.S. DeFi users to tie their on-chain addresses to their identities.
"Today marks the first of many historic milestones in the regulation of digital assets in the United States in this next chapter—as we move towards the enactment of the first standalone crypto legislation," a spokesperson for the DeFi Education Fund, another D.C.-based crypto lobbying group told Decrypt.
"The DeFi Education Fund applauds the bipartisan supermajority of Senators who recognized the need to push back against regulatory overreach to protect Americans’ freedom to choose how they transact and American innovation."
The Trump administration formally backed the repeal effort on Tuesday, with David Sacks, Trump’s crypto policy chief, saying the White House “strongly supports” the resolution.
“This rule, issued as a midnight regulation in the final days of the previous administration, would stifle American innovation and raise privacy concerns over the sharing of taxpayers’ personal information, while imposing an unprecedented compliance burden on American DeFi companies,” Sacks said in a statement.
@ Newshounds News™
Source: Decrypt
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SEC REPORTEDLY OFFERING $50K INCENTIVE FOR ELIGIBLE STAFF TO RESIGN
The SEC is among other US agencies that have been offering staff financial incentives to quit under Trump’s cost-cutting DOGE initiative.
The United States Securities and Exchange Commission is reportedly offering eligible employees financial incentives to resign or retire from the agency amid an ongoing wave of staffing changes from the regulator.
The US securities regulator is reportedly offering staff $50,000 to resign or retire by April 4, according to a March 4 Bloomberg report citing an email it reviewed.
The email, which described the offer as a “voluntary separation incentive” or “voluntary early retirement program,” was reportedly sent on Feb. 28 by SEC chief operating officer Ken Johnson to all employees.
The deadline to apply for the incentive is March 21, and eligible employees must have been on the agency’s payroll before Jan. 24. They must also voluntarily leave through resignation, transfer to another agency, or retire. They can not return to the SEC within five years. If they do so, they must pay back the incentive in full, the memo states.
The moves come as the Trump administration seeks to slash federal government staff under the Department of Government Efficiency (DOGE), led by Elon Musk.
The department has removed more than 100,000 of the federal government’s 2.3 million workers through a combination of layoffs and buyouts, reported Reuters.
Cointelegraph reached out to the SEC for comment but did not receive an immediate reply.
In early February, it was reported that the SEC was starting to scale back its 50-staff crypto enforcement unit. At the same time, SEC Commissioner Hester Peirce outlined the agency’s new approach to regulating the crypto markets, including evaluating the security status of crypto assets.
The US labor market is in the spotlight this week with key reports on nonfarm employment data, initial jobless claims data and the February Jobs Report due. These reports are considered important economic indicators, as the shift in the number of positions is strongly associated with the overall health of the economy.
Meanwhile, the SEC has dismissed legal action against a number of prominent crypto companies in recent weeks, including Coinbase, Consensys, Robinhood, Gemini, Uniswap and most recently, Kraken.
@ Newshounds News™
Source: CoinTelegraph
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Thank you Dinar Recaps
This Might Actually Work: America’s Golden Visa
This Might Actually Work: America’s Golden Visa
Notes From the Fiefld By James Hickman (Simon Black) March 4, 2025
In 2012, Puerto Rico was in the depths of a nearly decade-long recession and looming debt crisis.
The island had lost about 10% of its population— mostly young, educated professionals, i.e., the most lucrative members of its tax base.
So politicians did something radical: they established incredibly attractive tax incentives in order to attract new residents. Among others, the incentives provide a 4% corporate tax rate to approved businesses, and a 0% tax rate on investment income.
This Might Actually Work: America’s Golden Visa
Notes From the Fiefld By James Hickman (Simon Black) March 4, 2025
In 2012, Puerto Rico was in the depths of a nearly decade-long recession and looming debt crisis.
The island had lost about 10% of its population— mostly young, educated professionals, i.e., the most lucrative members of its tax base.
So politicians did something radical: they established incredibly attractive tax incentives in order to attract new residents. Among others, the incentives provide a 4% corporate tax rate to approved businesses, and a 0% tax rate on investment income.
This attracted thousands of individuals and businesses from the US mainland.
That’s because, while US citizens typically have to pay taxes to the US government no matter where they live or earn their income, Puerto Rico is a rare exception where bona fide residents can escape US federal income taxes, according to the US tax code.
And Puerto Rico’s tax incentives were successful in attracting a lot of wealth to the island. In fact, I moved there myself and established a business under the incentives.
Countries often use their tax or immigration policies to attract new residents or businesses.
Also in 2012, for example, Portugal was facing a severe economic crisis. So in response, the government introduced its golden visa program, which provided residency to individuals who purchased qualifying real estate in the country.
The plan worked: by 2023, Portugal had issued over 11,000 golden visas to investors and 18,000 members of their families, attracting around €7 billion in foreign investment.
But by late 2023, after locals became fed-up with rising real estate prices, Portugal ended the real estate investment option.
But Portugal’s success inspired other European nations to launch similar programs. Some, like Spain’s, are also being terminated due to its success and rising real estate prices, while others programs like Greece’s, have merely raised the investment requirement. Still other countries, such as Hungary, are introducing their own programs.
Now, the United States is considering a similar approach with what the President is calling the “Gold Card” instead of “Green Card”.
At first glance that may seem seem odd, given that the US is already a highly attractive destination for investors and foreigners.
But the US is also the most indebted country in the history of the world. And it has a notoriously horrible immigration system.
For example, why on earth does the “Green Card Lottery” exist? The US should be awarding permanent residency to the best and brightest immigrants, not randomly picking out of a hat who gets to come in.
Unlike current US investor visas, the proposed “Gold Card” would require a significantly higher investment of $5 million, which is pretty steep just for residency.
But once again, the program it would replace is idiotic.
The existing US Immigrant Investor Program, the EB-5, requires an investment of around $1 million.
But it requires investors to navigate the Byzantine US immigration system. This includes submitting a business plan to State Department bureaucrats, as if they’re qualified to judge the merits of a business.
The old EB-5 program has injected billions into the US economy, but it has also faced scrutiny for fraud and administrative backlogs.
This proposed “Gold Card” visa differs in that it there is no mandate to generate US jobs, and there is no cap on the number of visas they can issue.
So the theoretical upper limit on revenue is huge.
The President mused, “if we sell a million, that’s $5 trillion... If we sell 10 million, which is possible — 10 million highly productive people coming in... that’s $50 trillion. That means our debt is totally paid off, and we have $15 trillion above that.”
Based on our analysis, we don’t think that’s a realistic estimate.
Outside of the United States, there are only about 120,000 “Ultra High Net Worth” individuals globally who are worth more than $50 million, according to UBS’ latest Global Wealth Reports.
So at a price tag of $5 million, those 120,000 people would be the primary target.
Even if half of them came to the United States, which is an extremely high estimate, it would be $300 billion, which doesn’t really move the needle.
But if they were to reduce the price tag to, say, $1 million, especially if it could be paid over time, then the global market could potentially generate millions of applications, and the total revenue potential for the federal government could go into the trillions.
It’s also worth pointing out that new foreign residents who cough up a million dollars to become new US residents should have a significantly positive impact on the economy.
The President also teased an idea of providing tax incentives as well, that they would only owe tax on their US income, and not their foreign income.
Currently, citizens and Green Card holders owe tax to the US government on their worldwide income. What the President is referring to is known as “non-domiciled” or “non-dom” tax regime, where only income earned in the US would be taxed.
“Non-dom” tax regimes are nothing new. The UK had a very popular one until they screwed it up last year. As a result, many welathy foreigners who were living in London are now fleeing to places like Switzerland, where you can negotiate a tax deal directly with the government.
There’s no clearer contrast to the right and the wrong approach to attracting wealth and talent to your country.
America should be considering all its options if there is any hope of reversing the decline.
And this is a good sign of that mindset. However, the outcome is still far from certain.
On the other hand, from an individual American’s perspective, it’s great that there are already golden visa programs around the world that can help you diversify internationally with foreign residency, property ownership, and investment.
Because if you live, work, invest, and have everything you hold dear in one jurisdiction (which happens to be the most indebted government in the history of the world) that’s a significant risk.
With problems the size of America’s, you don’t want all your eggs in one basket.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
https://www.schiffsovereign.com/trends/this-might-actually-work-americas-golden-visa-152159/
News, Rumors and Opinions Wednesday AM 3-5-2025
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 Wed. 5 March 2025
Compiled Wed. 5 March 2025 12:01 am EST by Judy Byington
What We Think We Know as of Wed. 5 March 2025:.
Bill HR25 has been introduced into Congress that reads: “To promote Freedom, Fairness and Economic opportunity by repealing the Income Tax and other taxes, abolish the Internal Revenue Service and enacting a National Sales Tax to be administered primarily by the states.”
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 Wed. 5 March 2025
Compiled Wed. 5 March 2025 12:01 am EST by Judy Byington
What We Think We Know as of Wed. 5 March 2025:.
Bill HR25 has been introduced into Congress that reads: “To promote Freedom, Fairness and Economic opportunity by repealing the Income Tax and other taxes, abolish the Internal Revenue Service and enacting a National Sales Tax to be administered primarily by the states.”
Possible Timing:
Fri. 7 March 2025: Trump White House Crypto Summit. Trump Bitcoin is about to change everything.
Sat. 8 March 2025: Trump to kickoff the largest Economic Change in History
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Global Currency Reset:
Sun. 2 March 2025 Aerial on X: The revaluation of the Iraqi Dinar is for the New Republic that basically begins on Tues. 4 March when President Trump addresses both houses of Congress.
On Sun. 2 March 2025 the Iraqi Minister of Finance (allegedly) announced the new Dinar Rate would go on the Forex.
On Sun. 2 March 2025 the IMF (allegedly) bought off on release of the Iraqi Dinar as a reserve currency. …Brothers Technology on X
Mon. 3 March 2025 Wolverine: We hear bondholders are getting paid.
Mon. 3 March 2025 Michael Ruben: Sources say it is this week. Other sources say Pres Trump signed off on the RV a few days ago, these sources do not know one another, but all had the same info. Trigger groups (allegedly) start tomorrow and it has been heard that tomorrow is notification day, and we are waiting for spendable money, and told it is all coming tomorrow. For the first time ever, I have been on calls with paymasters and banks, and heard it is all happening this week, and some private sector bondholders are getting paid this week.
Mon. 3 March 2025 Mike Bara: I am hearing the exact things as Wolverine. you are. I have a few contacts and they are all focusing on tomorrow and Tuesday in the USA. There is pressure to do this overnight. Also have heard from people who know bond contacts that they were paid out last week, and that they have currency exchange appts starting tomorrow. That is the first time I ever heard about currency exchanges. Don’t be disappointed if not first thing tomorrow, but all is pushing toward that. All Wolverine’s sources are different than mine, and it appears all is coming together. I heard those appts are scheduled at major banks for people who have already cashed in certain bonds, and they are scheduled for currency exchanges.
Tues. 4 March 2025 MarkZ: All of my bond contacts checked in. They are VERY excited… All seven of the major groups said In their meetings today they learned they will be paid out over the next couple of weeks. This doesn’t mean it will take this long for the currencies. They are even starting to take some of the historic art tied to bonds.
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Tues. 4 March 2025 Bruce:
Everyone will get the 800 numbers at the same time through emails.
Bond Holder accounts have been funded. They should receive emails telling them they have access to their accounts at the same time Tier4b (us, the Internet Group) gets notified.
The Dinar rate is much higher at the Redemption Center because Tier4b gets the contract rate.
Nesara and Gesara won’t start to occur until this coming weekend.
Bond Holders will get notification tomorrow Wed. 5 March.
Tier4b notification should come out sometime Wed. 5 March.
R&R deposits should be in your account this month.
The DOGE checks should come out in the first ten days of March.
Social Security increases should happen this month of March.
Read full post here: https://dinarchronicles.com/2025/03/05/restored-republic-via-a-gcr-update-as-of-march-5-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff They did not have any currency auctions as of...Monday March 3rd. Now, what were the 2 critical things the central bank states to us through the year '24 (which by the way, you're still in) - End the use of the dollar and end the currency auctions. Last Thursday/Friday they said the citizens debit cards would no longer be able to access US dollar cash outside the country of Iraq. That's one way of exiting the dollar. They also said the currency auctions would end. When does their fiscal period end? The very end of March. When does the new budget period start? April 1st. Boom there you go! Rate is changing in March folks!
Frank26 Sudani is now passing out permits for mineral rights in Iraq. Pay attention...Iraq's wealth is immeasurable...you cannot measure it. It's like if someone says to you, count the stars. You cannot count the stars...You've got oil...gas...dates...produce...gold, silver, titanium, platinum. It is amazing. Precious metals is just one topic! ...1310 has nothing to do with it.
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Monetary Realignment: Dollar System Is Dying | Mario Innecco
Liberty and Finance: 3-4-2025
Mario Innecco delves into the evolving dynamics of the gold market, highlighting the substantial outflows from London and the potential risks facing the London bullion market.
He examines shifting demand trends from both retail and institutional investors, the growing role of central banks—particularly those in BRICS nations—in accumulating gold, and key economic indicators pointing to a potential downturn in the stock market.
The discussion also emphasizes the significance of the Dow-Gold ratio and the prospects of gold as a safe haven asset in the face of rising economic uncertainty.
INTERVIEW TIMELINE:
0:00 Intro
1:45 London gold flows
7:29 Monetary realignment
11:28 Dow/Gold ratio
15:50 Stock market
17:50 Red alerts
19:00 Run on gold