4 Subtle Signs Someone Is Fake Rich vs. Actually Rich

4 Subtle Signs Someone Is Fake Rich vs. Actually Rich

Cindy Lamothe  Fri, March 7, 2025  GOBankingRates

We all have that one friend who loves to draw attention to their wealth and their flashy lifestyle. “Have you checked out my Prada bag?” they’ll say, or, “I just had the most exquisite meal!”

These friends have perfectly curated Instagram feeds and highlight their luxury items like it’s their job. So, you think, they must be loaded, right? Not so fast, say money experts. Not all that glitters is gold.

 “I once advised a client who drove a flashy sports car and wore expensive watches yet struggled to qualify for a basic credit card,” said Abid Salahi, finance expert and co-founder of FinlyWealth. “Genuinely rich individuals often prioritize financial security over ostentatious displays of wealth.”

This stark contrast between outward appearance and financial reality is a common red flag for fake wealth. Understanding these nuances, Salahi explained, is crucial in today’s society, where social media often blurs the lines between perception and reality.

“True wealth is about financial security and freedom, not just the outward trappings of success,” added Salahi.

Keep reading for a look at more subtle signs that someone is faking their wealth.

Living Paycheck to Paycheck Despite High Income

According to Salahi, the distinctions between fake rich and actually rich individuals are often subtle but telling.

A key sign, he explained, is when someone is spending every dollar earned on maintaining appearances. On the other hand, truly wealthy people try to maintain a modest lifestyle relative to their income to avoid struggling with money.

“Warren Buffett, worth billions, still lives in the same house he bought in 1958 for $31,500,” added Salahi.

Excessive Brand Consciousness

Another sign?

“Constantly showcasing luxury brands, often with visible logos,” said Salahi. “Truly wealthy people tend to focus on building long-term value rather than short-term appearances.”

In other words: they focus on experiences over material possessions.

“The truly wealthy often value travel, education and personal growth more than accumulating luxury items.”

Lack of Financial Literacy

TO READ MORE: https://www.yahoo.com/finance/news/4-subtle-signs-someone-fake-160002739.html

News, Rumors and Opinions Saturday AM 3-8-2025

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

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

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

What We Think We Know as of Sat. 8 March 2025:

Fri. 7 March 2025: The Federal Reserve vice chair Michael Barr just resigned ahead of a DOGE Audit.

Possible Timing …Gitmo TV and Steve Bannon on Telegram

On Tues. 4 March 4 (on the 164th anniversary of Abraham Lincoln’s Inauguration as the 16th President of the Republic for the United States of America in 1861), President Trump addressed the Nation and a joint session of Congress as the 17th President of the Republic for the United States of America.

On that same Tues. 4 March 2025 the Republic for the United States of America(allegedly)  began its fiscal year under new gold-backed US Notes.

On Friday 7 March 2025 President Trump held a Crypto Summit at the White House to introduce the Trump gold-backed Bitcoin as the new US Currency.

On Sat. 8 March 2025 Trump to kickoff what was described as the largest economic change in history.

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Global Currency Reset:

Thurs. 6 March 2025: BREAKING NEWS: U.S. Department of Treasury to Release NEW BANKNOTES for the RV – Goldilocks Global Banking News VIDEO! – amg-news.com – American Media Group

Fri. 7 March 2025: BOOM! Trump’s Executive Orders: Dismantling the Federal Reserve and Shaking World Banking Systems! – amg-news.com – American Media Group

Fri. 7 March 2025: BREAKING NEWS: Wealth Managers Are Signing Contracts – Preparing for the Imminent RV – Goldilocks Global Banking News VIDEO! – amg-news.com – American Media Group

Fri. 7 March 2025: BREAKING: TRUMP DECLARES ECONOMIC WAR – MASSIVE SANCTIONS & TARIFFS ON RUSSIA UNTIL PEACE DEAL IS REACHED! – amg-news.com – American Media Group

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Thurs. 6 March 2025 Bruce:

Three good Sources said we would be exchanging no later than Sat. 8 March.

Two Redemption Center leaders said we would get notifications over the weekend and start exchanges early next week Mon. 10 March or Tues. 11 March.

You can only get the higher Dinar Contract Rate at a Redemption Center, not at a bank.

Currencies are in the exchange rate range of $4-$7. This does not include the Dinar and Dong rate, which are higher.

Social Security increases should happen by the end of the month of March 2025.

~~~~~~~~~~~~

ALLIANCE PLAN:

NESARA/GESARA Debt Forgiveness implementation

The Military will supply needed food to the masses

QFS implemented

Federal Reserve dead, IRS under new US Treasury

New tax system where there is only a 14% tax on new items bought only, no tax on food or medicine, wages, etc.

Read full post here:  https://dinarchronicles.com/2025/03/08/restored-republic-via-a-gcr-update-as-of-march-8-2025/

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

Frank26  Don't ever let go of your dinars.  If a bank says to you, 'well I need to authenticate your dinars, we need to send them to the main branch and have them look it over.'  You tell them what is the address of the main branch?  I'll take them.  Don't ever let go.  Don't lose sight of your dinar.

Militia Man  Article:  "The evaluation of the central bank's policy journey for 22 years"  They wanted to go do back from 2003 because inflation was so high, it exceeded 35%, now it's 3% or 5%...Huge difference now. The stability Iraq has proven with their gold...foreign reserves ...non-oil income...taxes and tariffs...electronic system...all of that is going to support the value of their new currency.  Everything was based off just oil.  It's not going to be that way anymore.  The real effective exchange rate is going to be based off real analysis in real time, international standards rules just like Iraq has done in the past, long long time ago.

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BREAKING !!!!!! CRYPTO RESERVE TO BORROW GOLD FROM FORT KNOX AND REPLACE US DOLLAR !!!!!!!

AMTV:  3-8-2025

Warning : “bad Language” in this video.

https://www.youtube.com/watch?v=4HPI5Sq81CU

“Tidbits From TNT” Saturday Morning 3-8-2025

TNT:

Tishwash:  Sudanese advisor: The upcoming digital currency is easy to trade and does not differ in exchange rate

The Iraqi Prime Minister's Advisor for Economic Affairs, Mazhar Muhammad Salih, reassured that the digital currency intended to be launched in the future in Iraq is easy to trade and does not differ in exchange rate.

Mazhar Mohammed Saleh told Rudaw Media Network, "The digital currency that is intended to be introduced in the future is consistent with the general trends of central banks in the world, not just in Iraq," indicating that "the idea started with the Bank for International Settlements, which is the international bank of banks in Basel."

 He explained that "there is a project called (M. Bridge) that deals with settling financial transactions between central banks with this digital currency, so this external reflection must also be reflected internally," believing that "the central bank is more in need of entering (M. Bridge) in its settlements with the major global oil trade areas in China, India, Southeast Asia and some European countries."

 It is noteworthy that the "M Bridge" project was launched in 2021 at the initiative of the Bank for International Settlements in cooperation with China and a number of central banks, with the aim of accelerating international payments using digital currencies, reducing transaction costs and ensuring their security.

 Mazhar Muhammad Salih pointed out that “the importance of this currency is that it is generally easy to trade for banks, and it does not require what is called liquidity risks,” adding: “Theoretically, if all the currency within banks is digital, there are no risks in bank credit, no risks in money laundering, and so on.”

Al-Sudani's advisor pointed out that "90% of the monetary mass is outside the banking system, so Iraqi society deals with paper money, and it is unreasonable to immediately switch to digital currency overnight," adding that "it is the project of hope for Iraq, and is directly proportional to the progress and development of the uses of digital currency in the world, and it is equivalent and proportional in terms of value to the issued paper currency."

 Mazhar Muhammad Salih confirmed that the digital currency "does not differ from the paper currency at all, and the exchange rate does not differ with it, and there is no difference except that its efficiency is higher, and it comes in line with the development of the world, and I believe that Iraq is keeping pace with the world in this matter."  link

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Tishwash:  Iraq, Finland Discuss Strengthening Economic and Investment Ties

Ambassador Mohammed Hussein Bahr Aluloom, Undersecretary of the Iraqi Foreign Ministry for Bilateral Relations, met in Helsinki with Jarno Syrjälä, Under-Secretary of State for International Trade of Finland, to discuss ways to enhance economic, trade, and investment cooperation between the two countries.

Ambassador Bahr Aluloom highlighted Iraq's economic progress, emphasizing security stability and an improved business environment, which have made Iraq an attractive destination for foreign investments. He cited the United Kingdom's decision to lower travel warnings to Iraq as an example of international confidence in Iraq's progress. The Ambassador also encouraged Finnish companies to invest in strategic projects, particularly the Development Road and the energy sector.

Under-Secretary Syrjälä welcomed Iraq's economic reforms, acknowledging their role in enhancing the investment climate. He expressed Finnish companies' interest in returning to the Iraqi market.

The two sides agreed to develop practical mechanisms to strengthen cooperation, including a delegation of Finnish companies visiting Iraq to explore investment opportunities in renewable energy, electricity, digital transformation, and artificial intelligence.   link

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

Tishwash:  Economist warns: Oil prices falling below $70 only cover salaries

Economic expert Nabil Al Marsomi warned of the repercussions of the decline in oil prices on the government’s financial situation, stressing that Iraq is facing an escalating financial crisis with the start of the decline in oil revenues since last February.

Al-Marsoumi told Al-Furat News Agency that "expectations of the financial crisis have begun to materialize on the ground, as the government has imposed strict restrictions on investment spending, and decided not to include new projects in the 2025 budget and to suffice with completing the current projects included in the current budget."

He pointed out that the current price of an Iraqi barrel, which is about $67, is only enough to cover about two-thirds of the general budget, explaining that "current oil revenues are allocated entirely to paying salaries and social welfare programs, while vital governing and sovereign paragraphs related to the lives of citizens and the national economy are marginalized.

Al-Marsoumi pointed out that the situation requires proactive measures to avoid the exacerbation of the crisis, calling for rationalizing public spending and strengthening non-oil sources of income to ensure the stability of public finances. link

Mot:  . Here Weeeeeeeeeeeee Go Again!!!! 

Mot: .... dont know why!!!! - But!!! 

FRANK26….3-7-25……THE RUMOR IS MY OPINION

KTFA

Friday Night Conference Call

FRANK26….3-7-25……THE RUMOR IS MY OPINION

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

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

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

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

https://www.youtube.com/watch?v=kf66q6ITVH4

Bruce’s Big Call Dinar Intel Tuesday Night 3-6-25

Bruce’s Big Call Dinar Intel Tuesday Night 3-6-25  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody. The big call tonight it is Thursday, March 6th  and you're listening to the big call. Thanks for tuning in, everybody.

Okay, let's talk about where we stand on our intel so far. This is a little different tonight, because I had three separate sources that were saying the same thing and then this afternoon, I two additional sources said something a little bit different. So here's where we're going to go with this, the three sources that came in over the last couple of days  were saying that we would be exchanging no later than Saturday, which is two days away.  I’m thinking Oh, great. That means we're going to get notifications probably Friday, start exchanges Saturday, blah, blah, blah, go right through the weekend with appointments and so on.

Now that is possible -  those were three very good sources -  the latest thing we got this afternoon were from redemption center leaders and one of whom is over three redemption centers - the other one is over six, seven redemption centers -  so these people, they're good sources. Well, these two leaders are saying we're going to get notifications over the weekend and start exchanges early next week, which would be Monday or Tuesday.

So I've got possibility of exchanging, being notified tomorrow or Saturday, and exchanging starting Saturday. Then I also have, oh, we're going to get notified over the weekend, which is probably a Saturday, could be Sunday, but we would start our exchanges early next week, which is Monday or Tuesday. So there appear to be a couple of things that might be slight hold ups.

One is dealing with the price that Iraq is selling oil. There's a little controversy on this. There's a pipeline that's coming from Kurdistan down to Baghdad, and then there's one that goes from Baghdad all the way down into Turkey, two different pipelines.

Well, the contract rate on the Iraqi dinar is tied to what Iraq is selling their oil for what they're selling it to Turkey for what they're selling it to Egypt for what they're selling it to China for any other number of countries That would buy Iraqi oil, crude oil. And so that that price needs to be settled on, in a sense, before the contract rate can be established for the dinar.

Now we've heard this also. That's part of the thing. The other thing we've heard relating to the contract rate is, the contract rate is a rate that was agreed upon already in a contract with Iraq. So that's sort of negates what I just said about worrying about the new price of what that oil might sell for.

They have a rate, and it's extremely good. I told you guys one time it was at or over a hundo. Those of you who know what a hundo is, know what I was talking about, and that would be per dinar. Well, if that was the contract rate, it was established, we should be in that range. In that range.

Now let's clarify something that was misunderstood by a few people, not very many, but a few people, and one of the people that was taking and putting out call notes from my call last Tuesday night might understood what I said.

I said, you know, we have a very high rate on Iraqi dinar, especially the contract rate, which is available at the redemption center ONLY, ONLY AT THE REDEMPTION CENTER, that alone is worth signing up and getting an 800 number and setting an appointment at a redemption center.

The Dong is a very good rate, very strong. And the other currenncy – the Zim is on par  with our  US dollar - USN  - USN means the same as the the other currencies I was referring to was like the Afghanistan, Afghani, the Venezuelan Boulivar  some of the other currencies, not Dong and not dinar, are in the range of between four and $7.00 -  4-7, not the dinar and not the Dong.

Okay, Dong's higher than that, way higher than that, and the zim is on par with the US dollar. So there has been some discussion about, when are the USN and some people refer to it as USN, which is United States note, or United States new, referring to the new dollar.

Some people, like me and there are others call it USTN, but they're referring to the folding money, which we put in our purses and money clips, or some fat wallet, which is up to you -  want back pocket use a fat wallet, put your back pain, but the`  USTN is United States Treasury note.

That's what should be printed on the new money,  use to be Federal Reserve Note – but the Fed is dead  and there is no longer a Federal Reserve - - and that's what should be printed on the money and that should be coming out shortly. It should coincide with our start at the redemption centers, because they have it there, shrink wrapped, ready for us at the redemption centers. So we should be able to get some of that up to maybe $3,000  - they did change a position of $500 to 3000 that's cash, cash money, and yes, not free. It comes out of your balance.

If you decide to take some, you don't have to take any of that new money. But if you want some cash, and you want the latest version, which is ustn, you should ask for an amount up to 3000 they don't really want you walking out with any more than  because then you are a possible target. You can be robbed - whatever, depending on where you are.

Don't worry about that. But I want everybody to know that we are still hearing that they're paying DOGE checks. They're not calling it a dividend, they're calling it a dose check. Now we did call it a Doge rebate while but what is this is the money that we're supposed to get  be anything anybody less than 65 gets $5,000 a month. Anybody 65 and older, it's 7500 a month, and that would be for 13 months.

Supposed to start in the first 10 or 15 days. I'm going to say not 10 anymore. I'm going to say it could be 10, but it might be the first 15 days of this month, and also supposed to have R and R at the redemption center.

 If you're going into exchange currency or redeem your Zim the R and R will be there for you find out about right after you exchange your currency, so write down your ask about your retribution and reconciliation allowance. That's one of the ways to say R and R. Easier to say R and R, though I think you all know, I hope so, and you'll get that amount, whatever it is  added to your quantum account and then you move funds after you exchange  - your R and R is in there – you will move some of those funds, some into your primary Wells Fargo bank account.

Okay, so we'll see how that works. Social Security increases are to occur this month. So see your normal Wednesday, whether it's yesterday, whether it's the 12th, the 19th or the 26th see if you get that increase. It should be a substantial increase. If you don't get it, wait to see if it happens by the end of the month, they could do a little those all out, if they're not with your regular Social Security.

Let's see how that works. So we've talked to those checks are in our social security and our we're looking for all four of those to occur this month of March 2025, so I'm a little I was a little bit uncertain about how to bring out the Intel. And I thought, you know, I'm just going to say what I'm hearing.

I'm hearing two different things. I'm hearing exchanges by by or before Sunday, and I'm also hearing, I'm hearing to receive the 800 numbers over the weekend, and then page very early next week, which is Monday or Tuesday. Now these are all good sources. The most recent or the last two I gave you were from the redemption center leaders. Now, there is more information. There's always more.

I either get it tonight. There's some I'm going to get tomorrow morning, but that doesn't help us for tonight, for this call, this is allowed the week, but I'd like everybody to make sure that they are registered by sending their email.

So that's what I wanted to say tonight. That's what I wanted to get out to you guys. And I appreciate everybody continuing to listen and then I'm continuing to listen to everything that's going on with Ukraine and Russia. Hopefully that's going to come into a peace accord soon. I think we can get a cease fire by the weekend, hopefully, and we could be on our way.

So let's do this, guys, let me pray the call out, And let's everybody stay very positive. Watch which speak speak positively. This is coming, and we should get a positive result by the weekend, whether we exchange or not before Monday or Tuesday. Should get our numbers right. So you guys stay tuned for that, and on the other side. Everybody, have a great night and a great weekend. God bless you guys.

Bruce’s Big Call Dinar Intel Thursday Night 2-27-25 REPLAY LINK   Intel begins   1:14:34

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Seeds of Wisdom RV and Economic Updates Friday Afternoon 3-07-25

Good Afternoon Dinar Recaps,

U.S. GOVERNMENT CONFIRMS IT WON’T BUY XRP, ETHEREUM, OR SOLANA – BITCOIN TAKES PRIORITY!

▪The U.S. government's Strategic Bitcoin Reserve (SBR) will exclusively hold seized Bitcoin, solidifying its primary status.

▪Other seized cryptocurrencies (ETH, XRP, ADA, SOL) will be placed in a separate "Digital Asset Stockpile".

▪The government's crypto holdings are primarily derived from seizures, with Bitcoin prioritized and altcoins managed differently.

Peter Schiff has confirmed that the U.S. government will not be purchasing Ethereum (ETH), XRP, Cardano (ADA), or Solana (SOL) for its crypto holdings. Instead, the newly established Strategic Bitcoin Reserve (SBR) will hold only seized Bitcoin (BTC), reinforcing its position as the dominant digital asset. While the executive order signed today allows room for potential Bitcoin purchases, these would likely require approval from Congress.

No Crypto Reserve for Altcoins

Earlier reports had suggested that a government-backed crypto reserve might include XRP, ADA, SOL, and ETH, leading to a surge in their prices. However, the latest update clarifies that the U.S. government has created a separate Digital Asset Stockpile for these altcoins, but it will not be making any additional purchases. This stockpile will only contain assets seized through legal actions and will be managed by the Treasury.

Depending on regulations, these tokens may either be held or sold, but the government will not actively add to them.

Bitcoin Gets a Dedicated Strategic Reserve

Bitcoin, in contrast, will have its own Strategic Bitcoin Reserve (SBR), further reinforcing its importance in government holdings. An audit set to take place within 30 days will disclose the total amount of cryptocurrency the government owns and how these assets will be categorized. The move highlights Bitcoin’s priority over other digital assets.

No New Acquisitions!

Schiff clarified that the government will not be buying additional cryptocurrencies. Any XRP, ADA, SOL, or ETH in the Digital Asset Stockpile will come solely from past forfeitures. This means no new assets will be added unless they are seized in future legal cases.

Meanwhile, blockchain data from Arkham Intelligence confirms that the U.S. government currently owns zero XRP, SOL, or ADA. This contradicts earlier speculation that a broader crypto reserve was being established.

However, some analysts, including Moon Lambo, believe the government might hold small amounts of these assets from lesser-known seizures, but if so, the holdings are likely insignificant.

What Does the Government Currently Hold?

Right now, the U.S. government holds around 200,000 BTC, obtained through various legal seizures. While Bitcoin remains the primary focus, the government also has approximately $176 million worth of ETH and $27 million worth of BNB. However, no XRP, ADA, or SOL have been confiscated, raising questions about why they were included in the stockpile designation.

So, Where Does This Leave Bitcoin?

The crypto community, particularly Bitcoin supporters, has welcomed the government’s decision, as it further separates BTC from other cryptocurrencies. This move strengthens Bitcoin’s reputation as “digital gold” and solidifies its role as a strategic asset. However, investors who had speculated that major altcoins would be included have been left disappointed.

The government’s stance on cryptocurrency is still a major topic of interest. The market will be watching closely to see if Bitcoin purchases receive approval and how the Digital Asset Stockpile will be handled.

While Bitcoin’s dominance in government holdings is clear, the future of seized altcoins remains uncertain.

@ Newshounds News™

Source:  Coinpedia ,  Twitter

~~~~~~~~~

DAVID SACKS EXPLAINS WHY TRUMP MENTIONED XRP, SOL, ADA: 'PEOPLE ARE READING INTO THIS A LITTLE BIT TOO MUCH'

▪David Sacks downplayed speculation, stating that President Trump simply named the top five cryptocurrencies by market cap, causing major price spikes before a pullback.

▪An executive order mandates an audit of federal digital asset reserves while also opening the door to staking and portfolio management strategies.

White House AI and Crypto Czar David Sacks shed light on why President Donald Trump included XRP, Solana and Cardano in his posted comments about a U.S. crypto strategic reserve last Sunday.

Many in the industry questioned the inclusion of these particular altcoins, arguing that they lack the developer activity and decentralization seen in Bitcoin and Ethereum. Sacks' comments came after Thursday night’s executive order establishing a Strategic Bitcoin Reserve.

"Well, the president just mentioned the top five cryptocurrencies by market cap, so I think people are reading into this a little bit too much," Sacks said Friday on Bloomberg TV. "He just mentioned the top five."

Just mentioning those coins caused spikes nearing 70% last weekend before a pullback. Sacks said Friday that "we're not sure" whether the federal government owns any of those alternative cryptocurrencies, doubling down on the executive order's call for a full audit of its current reserves.

"In terms of what we'll actually have, we have to do the accounting," Sacks said. "We know it owns Bitcoin. I believe it owns some Ethereum. I'm not sure about the other ones. No one's been able to give us a straight answer yet."

The executive order directs a full accounting of the federal government’s digital asset holdings. The U.S. government possesses 198,109 BTC, worth about $17 billion at the current market price, according to the website Bitcoin Treasuries. 

The order also establishes a U.S. Digital Asset Stockpile, consisting of assets other than bitcoin forfeited in criminal or civil proceedings. The government will not acquire additional assets for the stockpile beyond those obtained through forfeiture proceedings.

Sacks also said the federal government could explore lending or staking on the cryptocurrencies it owns.

"The idea of this executive order is to create the mandate," Sacks said Friday. "We're going to do the audit, then we're going to move them into a separate account for safekeeping. And then the secretary of treasury and his team will be able to exercise portfolio management and long-term or responsible stewardship. And yes, that could include staking, it could include rebalancing [and] it could include sales. These are all options they can pursue if the secretary of treasury believes these are in the long-term interest of the American people."

Several leading crypto executives are set to attend a crypto summit hosted by President Trump in Washington, D.C. on Friday afternoon.

The prices of both XRP and ADA are down about 7% over the past 24 hours, according to The Block's crypto price data. SOL is holding up relatively well, down about 1.3%. Bitcoin and ether are down 2% and 2.7%, respectively, over the same timeframe.

@ Newshounds News™

Source:  The Block

~~~~~~~~~

MORE COUNTRIES READY TO JOIN BRICS ALLIANCE

India’s Foreign Minister S. Jaishankar revealed that the number of countries ready to join the BRICS alliance is growing. Speaking at a session titled ‘India’s Rise and Role in the World’ in London, Jaishankar confirmed that the bloc is encouraging developing countries to break the norm and enter a new financial territory without having to depend on the US dollar for survival.

The BRICS alliance is spearheading the de-dollarization agenda in a goal of making local currencies the world’s reserve status. The move could realign the global financial sector tilting the power from the West to the East.

Number of Countries Wanting to Join BRICS Alliance Increasing

Jaishankar emphasized that the BRICS alliance is “a very diverse group” and emerging economies find the bloc to be attractive. The unity in diversity is what’s pulling other countries towards it in a common agenda of de-dollarization. “I think clearly they must be doing something right. If so many countries want to join BRICS and so many countries actually have joined,” he said.

“South Africa joined, then it has become a double-digit membership. And in 2024, last year in Kazan, we also added dialogue partners, the concept of dialogue partners,” Jaishankar said. He explained that countries even without geographical closeness want to join the BRICS alliance.

“We are an exception to the normal rules on which groups are formed. Normally countries who approximate geographically to each other or have some particular shared history or some kind of ethnic or linguistic commonality, this is normally the basis to create a group. Now, BRICS alliance defies all those assumptions. So it’s not like the Commonwealth, it’s not like the NATO, it’s not like the G7. It’s not like anything which had been conceptualized early,” he said.

@ Newshounds News™

Source:  Watcher Guru

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More News, Rumors and Opinions Fri. Afternoon 3-7-2025

Gold Telegraph: The World is Waking up to the Simple Truth

Friday, 7 March 2025,

BREAKING NEWS: DEUTSCHE BANK SEES RISK OF US DOLLAR LOSING SAFE-HAVEN STATUS

Ok…

“The US dollar may lose its traditional safe-haven status as global markets adjust to a new geopolitical order…”

You don’t say?

Source: https://www.bloomberg.com/news/articles/2025-03-04/deutsche-bank-sees-risk-of-us-dollar-losing-safe-haven-status

The world is waking up to a simple truth: you can’t print the minerals that power our modern world You have to mine them. The real challenge? High-grade, economically viable deposits are scarce. The supply squeeze is inevitable. Copper…

Copper prices jumped by more than 5% today. The glue of the economy. Copper powers everything you touch and see. Global trade is starting to change.

Japan’s 10-year bond yield… Highest since 2009. Lookout.

A record amount of gold is now in United States exchange warehouses. It’s great to see gold flow back to the West. At near record highs…

A gold-backed U.S. Treasury instrument is gaining traction. My first GT conversation with Judy Shelton, @judyshel, the current US President’s former economic advisor, highlights the need to restore monetary integrity and seriously leverage GOLD as a solution. “The times are changing.”

For the past decade, my mission has been to expose the truth. That will never change. The most important stories are still being written.

The U.S. Treasury Secretary says that “access to cheap goods” is not the “American Dream.” In other words, This signals openness to a weaker dollar.

Source(s):

https://dinarchronicles.com/2025/03/07/gold-telegraph-the-world-is-waking-up-to-the-simple-truth/

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

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Television saying the United States of America is totally supervising all financial transactions.  Your US Treasury is supervising all financial transactions in Iraq and the US Treasury is aware of all the money and where it goes in Iraq...  FRANK:  That is the beauty of your security and stability where it's at right now.  It is so powerful.  In my strong opinion they are aware of the new exchange rate.  If not, they would not be this heavily involved right now...

MarkZ   [via PDK]  Question:  Any bond or RV news today Mark?  MarkZ:  There are many stories of people who have been processing throughout the week. They are being told they plan to have them all done by the 17th or 18th of March. So IMO we can go at anytime between now and then. I do have somebody who expects to keep their appointment to change their currency late this afternoon. I think they may be premature...it may be a banker who was optimistic and set the appointment. They have not yet canceled it. It would make my day if they got to exchange. Even if the bank jumped the gun.

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Gold Keeps Government in Check, Golden Age is Not Just a Saying

X22 Report (w/ Collin Plume):  3-6-2025

Today’s Guest: Collin Plume-Noble Gold Investments
http://noblegoldinvestments.com

Collin begins the conversation talking about how the founding fathers put gold in the constitution because it keeps government in check.

 It makes sure that the government cannot spend more than it has.

Trump is now creating the parallel economy, he is shrinking government, placing tariffs on other countries and drilling for oil. He is bringing income in from the outside instead of taking it from the people.

Gold is going to play a major role in the new economy, the golden age is not just a saying.

https://rumble.com/v6q8a7q-collin-plume-founding-fathers-knewgold-keeps-government-in-checkgolden-age-.html?e9s=src_v1_ucp

LIONS ALERT! (THE STOCK MARKET MUST HOLD HERE!) OTHERWISE, L@@K OUT BELOW.

Greg Mannarino:  3-7-2025

https://www.youtube.com/watch?v=a0NZzmGoWh0

SILVER CHAOS! 80Moz COMEX MARCH Silver Delivery! JPM Pays 30M OUNCES! Physical ONLY NOW!

(Bix Weir)  3-7-2025

2025 will be the year where people will understand WHY it's time for Physical Silver ONLY! No 3rd party or you will NEVER GET YOUR SILVER! March COMEX deliveries are OFF THE CHARTS closing in on 80 MILLION OUNCES and there's ANOTHER delivery month in MAY!

https://www.youtube.com/watch?v=2sM1fVvZXME

Was US Gold Repatriated To Refill Fort Knox?

Was US Gold Repatriated To Refill Fort Knox?

Arcadia Economics:  3-7-2025

There's been a lot of mysterious activity in the gold and silver markets over the past few months, and an increasing number of prominent analysts who continue to question whether the narrative that it was all just about the tariffs is really true.

 And in this morning's show, Vince Lanci considers whether US gold may actually be getting repatriated to refill Fort Knox.

You're going to want to see this one, so click to watch it now!

https://www.youtube.com/watch?v=QRaAzGVeD04

Coffee with MarkZ and Mr. Cottrell. 03/07/2025

Coffee with MarkZ and Mr. Cottrell. 03/07/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

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

Member: Another week gone….. I’m so ready to turn this page

Member: Good morning everyone! Hope this is a 10 figure weekend....lol

Member: There is so much good intel regarding the RV . It has been a long road let’s hope it comes to an end…..very soon

Member: What Good News Mark? Spill it please

Member: MARK Z, you said a couple days ago that you knew people with MONEY. Are those BOND HOLDERS or aggregators?

MZ: They are not aggregators

Member: Maybe the banker that set up a bond person to exchange currency tomorrow was just making an educated guess on timing?

MZ: Bond contacts have a number of appointments between now and the 17th. Things seem to be moving forward very “pleasantly” on the bond front.

MZ: As far as I can tell I think group #3 is ready to process. So it seems like we have real, measurable movement right now.

Member: What is group #3? Never heard that term before?

MZ: I have identified the top 6-8 bond groups . It is my understanding they are ready to move on the third group of large bond holders already aggregated.

Member: Hey Mark, how long will it take after the bond holders get paid for us tier 4a/b to go?

MZ: I think we may be going at almost the same time. I think they are holding them until they are ready for us.

Member: Are your redemption folks working this weekend ?

MZ: My Wealth management/redemption folks will be working this weekend. They do not know if they will be doing redemptions or not …but they will be working and they are prepared.

Member: Do we need to have an active open bank account at a tier 1 bank before the exchange?

Member: it has been said at our exchange they are going to open up a new bank account for use. So no, you don't need a tier 1 bank account prior to exchange.

MZ: In Iraq: “Parliamentarian: Budget tables have not reached the finance committee so far”  We are all wondering why? There is one very obvious answer to this question. It may have a rate change in it.

MZ: I am hearing from contacts in Iraq-they continue to delay until they are allowed to release …because there will be rates in there. I hope it is accurate and it makes a lot of sense.

MZ: “Washington calls on Iraq to dispense with Iran’s energy as soon as possible”  there is a massive effort to remove all Iranian influence from Iraq.

MZ: “Major gas projects-fixed or floating platforms to boost energy in Iraq”  this is so they no longer need Iranian gas …and no longer flare or burn off gas to save money and help the environment. They hope to be independent from Iranian energy within 4 months. There is a huge push to stop Iranian influence so Iraq can move forward.

MZ: “US Treasury Secretary: if I were Iranian I would convert my currency to something other than the tomain”  This one makes me think we will not see the Iranian rial in the first basket. I could be wrong…but maybe not… So the US could break the Iranian currency if they do not change their tune…, stop funding terrorists ….and stop working on nuclear arms.

Member: How do I get an 800 number?

MZ: If you are not in a group, I tell everyone to sign up at Dinar Recaps because a couple sources from banks told me they would send exchange info to them….specifically by name. But all dinar info aggregating sites will probably also release that info. .

Member: When we get instructions to set up an appointment to exchange currencies, you will call and they will tell where to go to exchange at that time.

Member: Dreaming of the day that you announce that it is done!

Member: All the time frames we were told about the RV green light has passed us by & still going …wonder 4 how much longer. ????

Member: Trump needs our economy fixed. And time is ticking and he's going to look bad the longer this goes.

Member: Yahoo finance stated that forex will be integrating emerging market currencies by mid march w/ updated A.I. mechanism. Could be part of the RV?

Member: There is a big “Crypto Summit” going on at the white house today…..part of the upcoming reset?

Member: We sit don’t know -is there any gold in fort knox?

Member: if Ft.Knox is empty….it could force the reset….if its full….maybe it will back the new US gold backed currency? We just need to know.

Member: I asked the teller at a local bank in Hawaii if they had seen the new rainbow currency and she asked the manager who said yes but I don't know why they call if rainbow …it looks more blue to me.

Member: what do we know about the old General64 group?

MZ: It’s still a thing, It’s still ready….it’s still very much alive

Member: I was told years ago that the Gen. 64 list was blended with other lists into a bigger group. Just wish we would hear something from them

Member: I wish they had us tier 4b go before all other “rich” people

Member: Words to eliminate after the RV…sign an EO-lol: close, comms, Iraq, bonds, rate tables

Member: We could sure use it more.

​​ Member: Never be afraid to raise your voice for honesty, truth and compassion against injustice and lying and greed. If people all over the world...would do this, it would change the earth.

MZ: I will not have a podcast tomorrow morning. I will be traveling and at an event in Florida. If I have any podcast over the weekend it will be unscheduled and at the last minute.

MZ: I will also not be on tonight. The next scheduled podcast is 10:00 AM Monday Morning.

Member: how about we rv over the weekend while you are in the states Mark! save you a trip! sound good to you?!

Member: thanks Mark and Mr.C. Everyone have a wonderful weekend….Let us all hope it’s our last weekend broke

Mr. Cottrell joins the stream today. Please listen to the replay for his opinions and information

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

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

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

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

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

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  MONDAY MORNING AT 10:00AM EST~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=Wc2Ubg1h2fQ

Iraq Economic News and Points to Ponder Friday AM 3-6-25

Prime Minister's Advisor Explains Details Of "Bridge Borrowing"
 
Economy     Yesterday, 13:19  Baghdad- WAA- Amna Al-Salami   The Prime Minister's Advisor, Mazhar Muhammad Salih, explained today, Thursday, the details of "bridge borrowing", while indicating that
 
more than 50% of the domestic debt is concentrated in the investment portfolio of the Central Bank. Saleh told the Iraqi News Agency (INA):
 
"Historically, government borrowing through treasury transfers is a type of short-term borrowing from the banking market that British public finance has adopted since the reign of Queen Victoria."

 He added that "this type of borrowing was done for limited periods not exceeding weeks or financial quarters, and is known as (bridge borrowing), as
 
it aims to bridge the temporary deficit gap resulting from the slowdown in revenues compared to actual expenditures." He pointed out that
 
"due to the monthly financial obligations, public finance may resort to issuing treasury transfers as a financing tool to bridge the temporary deficit in the budget until cash flow stabilizes in the next period of the fiscal year." He added that
 
"in light of the fluctuations in the oil revenue cycle on the general budget over the past ten years, the government was forced to borrow multiple and accumulated,
 
which led to an increase in expenditures in three stages: the
 
     first during the war on ISIS terrorism, the
     second due to the economic closure caused by the pandemic, and
     finally the increase in expenditures in the areas of reconstruction and implementation of suspended projects." He added that
 
"these circumstances resulted in the accumulation of domestic public debt, part of which was borne by government banks, as more than half of it was deducted from the Central Bank of Iraq through open market operations." He stressed that
 
"this necessitated a complementary monetary issuance that led to a significant increase in the monetary mass,
 
especially since the domestic public debt, amounting to 82 trillion dinars, is still mostly within the government financial and banking system, more than 50% of this debt is concentrated in the investment portfolio of the Central Bank." He added,
 
"On the positive side, this debt is covered by foreign currency by more than 100%, which reflects a high level of monetary stability, as the annual inflation growth rate did not exceed 3%."

He added that "despite these challenges, both the monetary and fiscal authorities seek continuous consultation in order to gradually extinguish the domestic debt," stressing that
 
"the government relies on enhancing financial sustainability by reducing the public debt balance annually and
 
reducing the annual budget deficit to a percentage not exceeding 3% of the gross domestic product." He concluded that
 
"this approach is part of a fiscal policy aimed at providing financing and protecting economic activity, which contributes to achieving stability and sustainable economic growth through coordination between fiscal and monetary policies."    
  
https://www.ina.iq/229426--.html 

In Numbers ... The Banking Sector During 2024 Is Witnessing A Decrease In Total Deposits
  
Economics   2025-03-06 |Source:  Alsumaria News     616 Viewed  Alsumaria News -banking sector witnessed During the year 2024, the Iraqi a noticeable decrease in total deposits, as
 
it decreased by 9%, to decrease from 133.5 trillion Iraqi Iraq Future Foundation dinars at the end of 2023 to 123.5 trillion Iraqi dinars, registering a loss of 10 trillion dinars, according to a report published by the independent concerned with economic affairs.
 
The head of the Foundation, Manar Al-Ubaidi, said in a post that Alsumaria News followed,
 
this decline is mainly due to a decrease in government sector deposits by 14%, as it decreased from 47.3 trillion dinars to 42.8 trillion dinars.
 
The deposits of public institutions decreased by 7.4%, declining from 29.6 trillion dinars to 27.4 trillion dinars.  As for the
 
deposits of the private sector, it witnessed a decrease of 6.52%, as it decreased from 56.5 trillion dinars to 53.2 trillion dinars. At the level of the types of deposits, the
 
current deposits recorded the largest decline by 11.6%, to decrease from 107.5 trillion dinars at the end of 2023 to 97.4 trillion dinars. As for
 
fixed deposits, it declined slightly, from 9.67 trillion dinars to 9.62 trillion dinars, in return, the
 
savings deposits witnessed a marginal increase of 0.7%, up from 16.3 trillion dinars to 16.43 trillion dinars, according to Al-Ubaidi.

Al-Ubaidi added that this decline raises important questions about the impact of the trend towards electronic payment and the use of modern payment techniques on the banking sector. As
 
it was expected that the spread of these technologies will contribute to increasing the volume of deposits, especially the ongoing ones, by stimulating banking transactions and reducing dependence on criticism. However, the
 
current data reflects a different reality, which requires reviewing electronic payment mechanisms and assessing the extent of their effectiveness in achieving the desired financial and banking goals. He added that
 
electronic payment is a means, not an end, as
 
it is supposed to contribute to enhancing financial inclusion and increasing dependence on banks by raising deposit rates.
 
As bank deposits continue to decline in this large percentage, it becomes necessary to review the electronic payment policies and its application mechanisms. The
 
expansion of this system must be accompanied by motivational and encouraging measures that enhance the confidence of individuals and companies in banking transactions,
 
instead of being a technical transformation that does not achieve the required impact on the financial sector.    
  
https://www.alsumaria.tv/news/economy/518581/بالأرقام-القطاع-المصرفي-خلال-2024-يشهد-انخفاضًا-في-إجمالي-الودائع   

Digital Currency .. And An Advanced Financial Future
 
Economic 2025/03/05   D. Nabil Al -ordinary
 
In line with the framework of rapid global developments in financial and technological systems, the
 
Central Bank of Iraq, in the context of keeping pace with development, is heading towards launching an alternative digital currency for paper cash.
 
This step, which is not just a transformation in the method of financial transactions,
is a fundamental shift in seeing the Iraqi financial system.

Digital currencies are a new innovation that the world has witnessed, and
 
it reflects the rapid shift towards the digital age. The
 
digital currency allows the possibility of
 
     making transactions faster and more safely compared to paper criticism, through the use of this currency, as well as
     reducing the costs of transactions, which contributes to
     enhancing economic efficiency.
 
As for the potential benefits of the digital currency in Iraq, they are summarized in
 
     improving the efficiency of the financial system, and then will help
     accelerate transactions and
     reduce the time required to accomplish them,
 
which reflects positively on the movement of internal and external trade.
 
It is also an effective means of
 
     enhancing transparency and
     fighting corruption, and that its use and intended digital currencies may contribute to
     reducing informal monetary transactions, which
     reduces the chances of financial corruption as well as job evasion.
 
Perhaps the most prominent advantage of this type of currency is that
 
it will contribute to
 
     increasing the amount of financial inclusion: the prospects for
     access to financial services for new groups of society may open, especially for those who do not deal with banks directly. In my estimation, the
 
digital currency can contribute to encouraging innovation in the financial market, giving many startups to provide new services that depend on financial technology. Although
 
this type of currency has these advantages and despite the great benefits,
 
it is not without challenges, and
 
it must be paid attention to, foremost of which is concerns related to cybersecurity and data protection, and
 
citizens must be educated about how to use this currency and
 
this requires a clear legal and organizational framework that guarantees the protection of the rights of users. The
 
launch of the digital currency in Iraq represents a new and important stage in the development of the financial system,
 
this initiative
 
     reflects Iraq's commitment to move forward towards an advanced technological age, and
     will have positive effects in the economy and society, however, the
 
success of this step depends on
 
     addressing the challenges associated with it, which we pointed to some of them in the context of this article, and the
     need to provide adequate support to achieve its goals.     https://alsabaah.iq/111170-.html 

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

Seeds of Wisdom RV and Economic Updates Friday Morning 3-07-25

Good Morning Dinar Recaps,

TRUMP’S BITCOIN RESERVE PLAN: FUNDED BY CONFISCATED CRYPTO, NOT TAXPAYER’S WALLET

Trump orders U.S. Bitcoin reserve using seized assets, securing crypto holdings without taxpayer funds & reshaping digital finance.

U.S. Bitcoin stockpile signals global shift as other nations may race to establish their own reserves, boosting crypto adoption.

In a historic move this evening, President Donald Trump signed an executive order creating the United States’ first-ever strategic Bitcoin reserve. This major step in cryptocurrency policy is set to solidify the U.S.’s position in the growing digital asset space.

Bitcoin Reserve Without Taxpayer Funds

The executive order establishes a reserve for Bitcoin, which will be held exclusively in a digital stockpile. However, Trump’s plan does not rely on taxpayer funding. Instead, the reserve will be exclusively capitalized with Bitcoin that the federal government has confiscated through criminal and civil forfeiture cases. According to David Sacks, the White House crypto czar, this means no taxpayer dollars will be used to fund the reserve.

“The reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,” Sacks said.

Digital Fort Knox: Long-Term Bitcoin Safeguarding

Trump said that the reserve will act as a digital equivalent of Fort Knox, safeguarding the nation’s Bitcoin holdings for the long term. In his remarks, Sacks explained the importance of this reserve, stating that previous premature sales of Bitcoin by the U.S. government have resulted in over $17 billion in lost value. This new initiative aims to prevent such losses by establishing a strategic, long-term holding strategy.

Expanding Beyond Bitcoin: U.S. Digital Asset Stockpile

In addition to the Bitcoin reserve, the executive order also includes a broader U.S. digital asset stockpile, which will include other cryptocurrencies, such as Ethereum, XRP, and Solana, all of which have been seized through forfeiture proceedings. However, the government will not seek to purchase more of these digital assets unless it can do so without additional cost to taxpayers.

Global Impact: The U.S. Leads the Way

This move marks a milestone not only for the U.S. but for the entire cryptocurrency market. With the federal government committing to hold Bitcoin as a store of value, the likelihood of Bitcoin being banned by the government has dramatically decreased. Additionally, this sets the stage for other countries to establish similar Bitcoin reserves, as global competition for Bitcoin intensifies.

Strategic Reserve: Preserving and Maximizing Value

The strategic reserve will not involve any immediate sales or purchases of Bitcoin, as it focuses on preserving and maximizing the value of assets already acquired by the government. The executive order also directs a full audit of the U.S. government’s existing digital asset holdings, with a focus on ensuring responsible stewardship under the Treasury Department.

Industry insiders have reacted positively to the news, with many viewing this move as a precursor to future institutional and state-level adoption of Bitcoin. As this strategy unfolds, experts predict that other nations will closely monitor the U.S.’s approach and may follow suit in creating their own strategic Bitcoin reserves.

The announcement comes just ahead of the White House Crypto Summit, where policymakers and industry leaders will discuss the future of digital assets and the regulatory framework surrounding them. With the U.S. leading the way in government-held Bitcoin reserves, the global crypto landscape is poised for a major transformation.

@ Newshounds News™

Source:  Coinpedia

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CARDANO’S CHARLES HOSKINSON REACTS TO WHITE HOUSE CRYPTO SUMMIT SNUB

Hoskinson focuses on legislative progress, unfazed by his absence from Trump's crypto summit.

Cardano founder Charles Hoskinson has revealed that he was not invited to the upcoming White House Crypto Summit on March 7.

His exclusion has sparked discussions, especially since the blockchain network’s ADA token is included in US President Donald Trump’s proposed crypto reserve.

No White House invite

In a March 6 broadcast, Hoskinson revealed that he had not received an invitation to the highly anticipated crypto event.

According to him:

“We did not get an invitation on Monday. We did not get an invitation on Tuesday. We did not get an invitation today on Wednesday. So I’m going to operate under the assumption I have not been invited to go to this gathering.”

Hoskinson downplayed the event’s significance, suggesting it might not involve meaningful policy discussions. He argued that real policy work happens within the legislative branch, where he has collaborated with lawmakers over the years.

He reaffirmed his commitment to pushing for regulatory clarity through legislative engagement, particularly on key bills related to stablecoins and market structure.

Despite his absence, several key figures in the crypto industry have confirmed their attendance. Among them are Michael Saylor, Chairman of Strategy—the largest corporate holder of Bitcoin—along with Brian Armstrong of Coinbase, Arjun Sethi of Kraken, and Vlad Tenev of Robinhood.

ADA in crypto reserve

Meanwhile, Hoskinson’s exclusion is particularly striking given that ADA has been listed as part of Trump’s proposed crypto reserve.

The president recently announced plans to create a reserve featuring Bitcoin, Ethereum, XRP, Solana, and Cardano. He is expected to outline his strategy for this initiative at the event.

The Cardano founder admitted that he was unaware of ADA’s inclusion until the news broke.

According to him:

“We knew nothing of ADA being selected for the reserve. It was news to me. I woke up on Sunday, looked at my phone, and I had over one hundred fifty messages saying congratulations, great job, and I had no idea what the heck was going on.”

@ Newshounds News™

Source:  CryptoSlate

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