15 Folks Who Lost Everything Are Revealing What Actually Happened And It Shows How Broken Our System Really Is

15 Folks Who Lost Everything Are Revealing What Actually Happened

 And It Shows How Broken Our System Really Is 

Aaron Ant  Sun, April 20, 2025  BuzzFeed

Money isn't a measure of character, but society acts like it is. And that couldn't be further from the truth. It's important to hear that at a time when financial anxieties are at an all-time high.

Jobs are vanishing, the stock market is fluctuating, medical bills are piling up, and government budget cuts are putting Social Security and other public services at risk. For some, the economic situation we're currently facing mirrors previous recessions.

Bankruptcy and financial loss aren't personal failures in any capacity. More often than not, it's a case of someone in a system that's already working against them.

Last week, I asked members of the BuzzFeed Community to open up about experiencing bankruptcy or losing it all, and these submissions shared some honest insight into how they handled or are currently handling debt and stress.

Note: Some submissions have been edited and condensed for clarity. Some responses are from this Reddit thread. 

1."So, I was a stay-at-home mom at the time, because my old job hadn’t paid enough to cover daycare. My ex-husband made enough for us to live on, but nothing more, really. My parents helped put him through grad school. Then he committed crimes and was fired (of course), and I was unemployed with two kids and no daycare openings.

I scrambled to find a job and a place to live, and am eternally grateful for my parents’ support. That said, my job paid about a quarter of what his did, so there was no choice. I’m a little more than halfway through."

"That’s the backstory, but here’s the truth: it’s MORTIFYING. The bank I’d been using since I was 15 closed my account unceremoniously. Didn’t matter that I hadn’t had any loans through them that were discharged. Just cut me off and mailed me a check weeks later. I can’t get a cellphone plan or any reasonable insurance, I had to pay cash for a car, and thank heavens, my parents were willing to have their names on my utilities because the WATER company refused to give me an account.

Before this, I’d never missed payments or fallen behind, and had good credit. It was so good that most of the debt was in my name, which probably worked out great for my crap bag ex. So that’s it, I pay for someone else’s mistakes every day. And if it weren’t for my parents, it would have been catastrophically worse."   —shannonmiz

2."I'm a bankruptcy paralegal, and honestly, people think it will be so much worse, but it's a fairly simple process. Even the 341 meeting of creditors isn't that bad. Bankruptcy forms are free online, and if you want to file, my biggest advice is to fill out forms A/B (personal property), I (income), and J (expenses) because a lot of the holdup is just trying to get that info. So many people will call crying after their discharge, thanking us because they feel the weight off their chest."   —monikap6

3."American here. My husband and I filed after I got sick and couldn’t work for two years, racking up medical debt without the income to pay it, and using credit cards to buy groceries and basic needs. We had to move back in with my family because we couldn’t afford rent. We filed a Chapter 13, which meant we still owed a large portion of the money, but a fraction of the total. We've just paid it off after five years of payments."

"We’re wiser about our budget now, we’ve completed credit counseling, and our income has now increased to where we rent and our only debt is student loans. We’ll have to get secured credit cards and build credit back up slowly. It’s a long process, but I’m so thankful we did it. The payments were tough, but manageable, and we now have a sense of accomplishment, as well as a sense of how to build a nest in savings that can be there if one of us is out of work due to illness. It sucked, but I’m forever thankful."   —carak4a8cd43e8 

4."21 years ago, I'd just had a child. He turned 1, my spouse came home, and decided he wanted a divorce! I didn’t even know we were having issues! I mean, we just had a kid! I was always a happy-go-lucky type! Came out of nowhere! Discovered we were $100,000 in debt!"

TO READ MORE:  https://www.yahoo.com/finance/news/americans-doom-buying-coffee-olive-224100006.html 

News, Rumors and Opinions Monday AM 4-21-2025

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

Ariel : Flipping the Switch?

4-20-2025

Happy Easter Everyone

Nobody can say they did not hear “The Trump Card” mentioned along side the Gold Card at a recent meeting some days ago.

We have always heard Easter was the timeline. Well today would be the prime event for such a vision of foretold tales.

But what is the nature of this ‘Trump Card’?

Does it really come down to flipping the switch in terms of the new financial system?

Many would say so base on many symbolic gestures of those who are considered crypto demigods to some.

But I would be a hypocrite if I was not the one also saying this years ago when I mentioned that the Iraqi Dinar will be the kick off point to an entire new financial system.

And Iraq has shown major progress in that regard. As many announcements have been made over the past couple of weeks that shows they are serious about going international.

Trump Card Defined: A coded operation, rooted in Trump’s authority, to shift the world to a gold-backed financial system, ending fiat currency manipulation.

Iraqi Dinar’s Role: Its revaluation, announced in early 2025, triggers the reset, as Iraq’s economic integration destabilizes the petrodollar.

Easter Timeline: Easter Sunday 2025 (April 20) is the designated date for the reset’s public phase? Aligning with symbolic rebirth and Trump’s strategic messaging.

Gold Card Connection: Represents the new currency standard, backed by gold reserves, already in use by select TDC operatives since 2023.

Trump’s  (possible) Intent: To dismantle Cabal-controlled financial systems, free humanity from economic oppression, and secure his legacy as a liberator.

There is so much to choose from.

Does this align with the nature of the ‘Trump Card’?

Are we really at the cusp of this happening?

We do not have long to find out. Because Melania Trump said something very interesting a couple of days ago.

Did any of you catch it?

Source(s):
https://x.com/Prolotario1/status/1914042395810812277

https://dinarchronicles.com/2025/04/20/ariel-prolotario1-flipping-the-switch/

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

Militia Man  Those that are out there that believe this was a scam, you’ve been told it’s a scam and those not invested,  they’re going to have a rude awakening…It’s going to be a horrible one.  I think a lot of people are gonna be really bummed out because of this event.  It’s not just about Iraq.  It’s about all kinds of countries and it’s a really big deal and a complex.

Frank26   What's going on right now?  We seek security and stability for the new exchange rate.  That's it.  Do we seek the budget?  Well, only if it has a new exchange rate.  If not, you can just see the dog-on-thing, I don't want it.  Do we seek the contracts?  Only the rewritten contracts with the new exchange rate in it.  Other than that I don't care about your 'memo of understanding' or anything else.  Do we seek the HCL?  What good does it do you you don't have an exchange rate...We're waiting for the new exchange rate.  Everything waits for the new exchange rate.  And how are we going to get it? ...Iran, deal or no deal?

URGENT BREAKING NEWS Iraq's $16 Trillion Windfall

Edu Matrix:  4-20-2025

00:00:00 Iraq's Hidden Wealth

00:00:16 A Global Leader

 00:00:58 Billions Beneath the Surface

00:01:19 The Thorium and Uranium Opportunity

00:01:43 Building the Future

00:02:03 A Global Player

00:02:15 Iraq's Strategic Advantage

 00:02:31 Iraq's True Potential

https://www.youtube.com/watch?v=QHSy1QAxjVA

Trump Launches A Gold-Backed Plan To End Fiat Currency | Andy Schectman

Two Dollars Investing:  4-20-2025

https://www.youtube.com/watch?v=ygirY9fuWgY

Some “Iraq News” Posted by Clare at KTFA 4-20-2025

KTFA

Clare:  Al-Sudani congratulates Christians on Easter: May you have good health, safety and peace every year.

4/20/2025  Baghdad –

"We care about the precious diversity of our homeland."

Prime Minister Mohammed Shia al-Sudani congratulated Christians on Easter Sunday, affirming the government's interest in and support for diversity, which he said represents a source of strength and social and cultural richness.  LINK

Clare:  The Central Bank launches the virtual bank project.

The Central Bank of Iraq announces its adoption of a project to launch a virtual bank in Iraqi universities. This is the first virtual bank to be established in an Iraqi university. The first phase will be held at Al-Muthanna University, which hosted a comprehensive exhibition held on the sidelines of the second scientific conference "Artificial Intelligence and Labor Market Requirements."

The conference was organized by the University's College of Administration and Economics, in cooperation with Mansoura University of Egypt, the Central Bank of Iraq, the Muthanna Chamber of Commerce, and the Muthanna Chamber of Industry.

 The exhibition included pavilions representing a group of banks and companies, as well as displays of fine art and heritage.

The virtual bank project aims to provide students and graduates with practical experience in banking, preparing them to develop human resources capable of meeting the needs of financial institutions. It also aims to provide students with practical experience by simulating the work of financial institutions and adopting international best practices.

It also aims to encourage financial institutions operating in Iraq to access and expand financial services to all geographical regions of Iraq, with the aim of strengthening financial inclusion plans.

Central Bank of Iraq
Media Office
April 20, 2025

https://cbi.iq/news/view/2855

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Clare:  Baghdad and Erbil are discussing with foreign companies a mechanism for resuming the region's oil exports.

4/20/2025 Baghdad

An informed source revealed on Saturday that a tripartite meeting was held in Erbil, bringing together representatives of the federal government, the Kurdistan Regional Government, and foreign oil companies operating in the region, to discuss a mechanism for resuming Kurdistan's oil exports.

The source told Al-Ahed News, "The meeting addressed the activities of oil investment companies, discussed ways to resume oil exports from the region, and listened to the views of production companies regarding the next steps."

He added, "The meeting witnessed an extensive discussion of the technical and logistical challenges hindering the resumption of exports, and the importance of coordination between all parties was emphasized to ensure positive outcomes that serve the country's interests."

It is noteworthy that a meeting scheduled to be held last Saturday in the capital, Baghdad, between the federal Ministry of Oil, the Ministry of Natural Resources in the regional government, and the Kurdistan Oil Industries Union (APIKUR), was postponed for reasons yet to be revealed.  LINK

Clare:  Al-Sudani directs a re-evaluation of the oil licensing rounds in Iraq.

4/20/2025

Prime Minister Mohammed Shia al-Sudani directed, on Sunday, the need to re-evaluate the licensing rounds experience 15 years after their launch, stressing the need to work to remove obstacles facing investors in the oil and gas sector.

This came after he chaired a meeting with representatives of major foreign oil companies operating in Iraq, attended by the Minister of Oil, relevant authorities within the ministry, the Board of Supreme Audit, the General Tax Authority, and the Employment Department at the Ministry of Labor and Social Affairs, according to a statement issued by the Iraqi government.

The statement noted that the meeting, the second of its kind, discussed several issues, most notably the mechanism for stopping gas flaring and its investment, the water injection strategy, and the growth of investment in the oil sector, in addition to work permits and social security.

Al-Sudani directed the need to address the obstacles impeding project implementation, stressing that the partnership with companies in this regard is strategic and represents a government priority in maintaining and increasing production rates.

The Prime Minister emphasized the goal of developing production and raising the efficiency of oil reservoir management by introducing modern technology, improving facility performance, and ending the flaring of associated gas. He also emphasized the importance of achieving optimal utilization of this gas, whether in operating power plants or supporting vital industries such as petrochemicals, fertilizers, iron, and steel.

Al-Sudani also noted that the government is working to improve the operating environment for oil companies, enhance security at various sites and facilities, and develop infrastructure. He explained that the government is looking to enter into a long-term partnership with oil companies to ensure optimal use of oil and gas resources in a way that benefits the people and achieves development goals.  LINK

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

Clare: Prime Minister's Advisor: The annual deficit set in the three-year budget is precautionary.

4/20/2025- Baghdad

Advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed on Sunday that the annual deficit set in the three-year budget is precautionary and within maximum spending limits. He explained that the three-year budget is based on a preventative philosophy to achieve economic and social goals without risks.

“The amended federal general budget, which was legislated under Law No. 13 of 2023 (the three-year budget), is proceeding in its financial measures within what is called the financial scope or fiscal space, which is a realistic and preventive philosophy based on the principle of using the financial flexibility available to the public finances to adjust its policies in arranging its priorities (such as public spending, taxes, or support levels),” said the Prime Minister’s advisor, Mazhar Mohammed Salih, in an interview with the Iraqi News Agency, followed by “Al-Eqtisad News.”

He pointed out that “this is in order to achieve economic and social goals, without causing major risks to financial stability or excessive increases in public debt.”

Saleh noted that "the aforementioned three-year general budget law, supported by the current amended Financial Management Law No. 6 of 2019, undoubtedly provides the ability to address the set deficit limits with the minimum possible amount of money," indicating that "this is what public spending has followed during the first quarter of fiscal year 2025."

Saleh explained that "although the annual deficit recorded in the three-year budget is 64 trillion dinars, it is a precautionary deficit that was drawn and calculated within the maximum spending limits of 200 trillion dinars, and the export prices of a barrel of crude oil at an annual average of about $70, and exported quantities of about 3.4 million barrels of crude oil per day," noting that "the budget implemented in the fiscal year 2024 was with a comfortable ceiling that did not exceed 156 trillion dinars, with partial borrowings from the domestic financial market that also did not exceed less than half of the ceiling set for borrowing to cover the deficit, and with an average barrel of oil that was $75 per exported barrel."

He continued: "What we need today, in light of the fluctuations in the global oil market, the decline in the oil asset cycle and the expectations surrounding it, requires a review and high discipline in examining expenditures in general and operating expenditures in particular, and accurately controlling their paths and resorting to what is called a budget of sufficiency with the minimum level of expenditure while maximizing financial resources in a manner commensurate with the total expenditure that meets the basic needs of the national economy within the financial space, such as the importance of securing salaries, wages, pensions and social care as a first priority, in addition to agricultural support."

He added that "working to involve the private sector in and finance development projects is a testing opportunity to prove the role of the partnership between the state and the private sector in supporting development and demonstrating the role of the partnership philosophy in overcoming the economic challenges imposed by energy markets as an external international factor on the total economic activity."

He stressed that "the 2025 budget tables being prepared and presented to the House of Representatives must reflect the current conditions in the international economy, whether in terms of international trade protectionist wars or the cautious price fluctuations facing energy markets that affect the financial budgets of the OPEC+ group of countries, including our country, during the current year, in light of cautious global geopolitical and economic fluctuations that have not yet stabilized." LINK

Iraq Economic News and Points to Ponder Sunday Afternoon 4-20-25

President Of The Republic: Iraq Possesses Enormous Wealth That Must Be Invested In Supporting Its Economy In The Best Possible Way.

Sunday, April 20, 2025 12:32 | EconomicNumber of reads: 309  Baghdad / NINA / President of the Republic, Abdul Latif Jamal Rashid, stressed, on Sunday, that Iraq possesses enormous and diverse wealth that must be invested in supporting its economy in the best possible way.

A presidential statement said that "President of the Republic, Abdul Latif Jamal Rashid, received at the Baghdad Palace, Minister of Industry and Minerals, Khaled Battal Al-Najm."

The President pointed out during the meeting that "Iraq possesses enormous and diverse wealth that must be invested in supporting the Iraqi economy in the best possible way."

The President of the Republic stressed "the importance of this in developing local industry and strengthening the economic situation," noting "the necessity of encouraging and supporting the private sector to contribute alongside the public sector in achieving sustainable development in the country."

For his part, Minister Al-Najm reviewed "the work of the ministry and the projects currently being implemented, in addition to its plans to enhance the industrial sector in Iraq," expressing "his appreciation for the President's interest and valuable directives."

The statement explained that the two sides discussed strategic plans aimed at encouraging the work of factories and plants to meet the needs of the local market. /End https://ninanews.com/Website/News/Details?key=1198916

Prime Minister's Advisor: The Annual Deficit Set In The Three-Year Budget Is Precautionary.

Money and Business   Economy News – Baghdad  Advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed on Sunday that the annual deficit set in the three-year budget is precautionary and within maximum spending limits. He explained that the three-year budget is based on a preventative philosophy to achieve economic and social goals without risks.

“The amended federal general budget, which was legislated under Law No. 13 of 2023 (the three-year budget), is proceeding in its financial measures within what is called the financial scope or fiscal space, which is a realistic and preventive philosophy based on the principle of using the financial flexibility available to the public finances to adjust its policies in arranging its priorities (such as public spending, taxes, or support levels),” said the Prime Minister’s advisor, Mazhar Mohammed Salih, in an interview with the Iraqi News Agency, followed by “Al-Eqtisad News.”

 He pointed out that “this is in order to achieve economic and social goals, without causing major risks to financial stability or excessive increases in public debt.”

Saleh noted that "the aforementioned three-year general budget law, supported by the current amended Financial Management Law No. 6 of 2019, undoubtedly provides the ability to address the set deficit limits with the minimum possible amount of money," indicating that "this is what public spending has followed during the first quarter of fiscal year 2025."

Saleh explained that "although the annual deficit recorded in the three-year budget is 64 trillion dinars, it is a precautionary deficit that was drawn and calculated within the maximum spending limits of 200 trillion dinars, and the export prices of a barrel of crude oil at an annual average of about $70, and exported quantities of about 3.4 million barrels of crude oil per day,"

 noting that "the budget implemented in the fiscal year 2024 was with a comfortable ceiling that did not exceed 156 trillion dinars, with partial borrowings from the domestic financial market that also did not exceed less than half of the ceiling set for borrowing to cover the deficit, and with an average barrel of oil that was $75 per exported barrel."

He continued: "What we need today, in light of the fluctuations in the global oil market, the decline in the oil asset cycle and the expectations surrounding it, requires a review and high discipline in examining expenditures in general and operating expenditures in particular, and accurately controlling their paths and resorting to what is called a budget of sufficiency with the minimum level of expenditure while maximizing financial resources in a manner commensurate with the total expenditure that meets the basic needs of the national economy within the financial space, such as the importance of securing salaries, wages, pensions and social care as a first priority, in addition to agricultural support."

He added that "working to involve the private sector in and finance development projects is a testing opportunity to prove the role of the partnership between the state and the private sector in supporting development and demonstrating the role of the partnership philosophy in overcoming the economic challenges imposed by energy markets as an external international factor on the total economic activity."

 He stressed that "the 2025 budget tables being prepared and presented to the House of Representatives must reflect the current conditions in the international economy, whether in terms of international trade protectionist wars or the cautious price fluctuations facing energy markets that affect the financial budgets of the OPEC+ group of countries, including our country, during the current year, in light of cautious global geopolitical and economic fluctuations that have not yet stabilized."

https://economy-news.net/content.php?id=54627

 Al-Asadi announces a decline in unemployment in the country and the implementation of new laws to stimulate the labor market.

Minister of Labor Ahmed Al-Asadi  Money and Business  Economy News – Baghdad  Minister of Labor and Social Affairs Ahmed Al-Asadi confirmed the implementation of new laws related to stimulating the labor market and the private sector, while pointing to a decline in unemployment rates.

In a statement carried by the official news agency and reviewed by Al-Eqtisad News, Al-Asadi said on the sidelines of his participation in the 51st session of the Arab Labor Organization Conference:

"The opening session witnessed the honoring of a number of Arab labor pioneers. Iraq was among the countries honored, as the head of the Federation of Trade Unions was honored, in addition to a distinguished employee from the Ministry of Labor."

He explained that "the conference includes a number of sessions and workshops that discuss the reality of the Arab labor market, particularly with regard to labor mobility between Arab countries," noting that "Iraq is one of the countries that attracts Arab and foreign workers, and there are serious discussions about benefiting from skilled labor, while emphasizing the importance of joint Arab action."

He pointed out that "the conference witnessed positions supporting the Palestinian cause, as the heinous crimes committed by the Zionist entity in the Gaza Strip and the recent events in Lebanon were condemned, and the Arab Labor Organization's solidarity with Palestinian workers in the occupied territories was affirmed."

He added, "The Ministry is working on implementing a number of projects related to revitalizing the labor market and the private sector, including activating Retirement and Social Security Law No. 18 of 2023 and amending some laws related to concluding and implementing income-generating projects."

He continued, "Unemployment rates decreased from 16.5% in 2022 to 13.5% in 2024, which represents a significant improvement," noting that "the ministry succeeded in integrating a number of social protection beneficiaries into the labor market, with some being transferred to positions in the Ministries of Interior and Justice, while others were employed in the private sector through companies and investment projects."

He added, "More than 10,000 workers who benefit from social protection have been registered with social security, and the ministry has also launched the 'Leadership' initiative, which aims to create job opportunities for unemployed youth."

Minister of Labor: Iraq is one of the countries that attracts Arab and foreign workers.
Local | 10:38 - 04/20/2025  Mawazine News – Baghdad  Minister of Labor Ahmed Al-Asadi stated on Sunday that Iraq is one of the countries that attract Arab and foreign workers.

Al-Asadi pointed out, in a statement to the official newspaper, followed by (Mawazine News), that "Iraq is one of the countries that attract Arab and foreign workers, so there will be discussions regarding regulating the work of these workers in Iraq, as well as determining Iraq's need for skilled workers.
Regarding the projects implemented by the ministry to stimulate the labor market,

Al-Asadi said, "We have several projects related to revitalizing the labor market and revitalizing the private sector, starting with activating and implementing Law No. 18 of 2023, the Retirement Law for Workers, as well as activating and amending the Lending Law and activating soft projects for low-income people."   https://www.mawazin.net/Details.aspx?jimare=260850
https://economy-news.net/content.php?id=54633

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

7 Ways To Recession-Proof Your Savings

7 Ways To Recession-Proof Your Savings

Protect your money by taking these seven steps.

Kat Tretina   Updated Tue, April 15, 2025  Yahoo Personal Finance

2025 has been off to a rocky start. Consumer confidence has plummeted thanks to persistent inflation, market volatility, and other challenges created by the new administration's aggressive tariff policies. Now, we can add recession concerns to the list.

According to the latest CNBC CFO Council quarterly survey, 60% of CFOs expect a recession in the second half of the year, while another 15% say a recession will hit in 2026. In early April, global investment bank Goldman Sachs also raised its estimate of the likelihood of a U.S. recession from 35% to 45%.

Although the country is not in a recession yet, there's a good chance it could be in the next few months. Taking some steps now can help you recession-proof your savings and protect your finances.

What Is A Recession?

A recession is a term that inspires fear in politicians, economists, and business owners, but what does it really mean? Although precise definitions vary, the National Bureau of Economic Research (NBER) — a private, nonprofit organization that analyzes economic conditions — defines a recession as a period of significant economic decline that lasts for several months.

The NBER looks for several factors to determine if a recession has occurred, such as higher unemployment rates, home prices and sales, stock market declines, and wages.

Recessions are a natural and unavoidable part of the economic cycle. In fact, there have been over a dozen recessions since World War II. The most recent recession was in the spring of 2020, when the COVID-19 pandemic affected the country.

In general, recessions occur every few years, and they typically last for about 10 months.

7 Ways To Recession-Proof Your Savings

During a recession, you may experience the following issues:

• Savings interest rates may decline: To stimulate the economy and encourage spending, the Federal Reserve will often slash rates. As a result, loans will become less expensive, but the rates on deposit accounts — such as savings accounts and certificates of deposit (CDs) — will also decline. That means any money you have saved will grow at a much slower pace.

• Earnings may stagnate: During a recession, unemployment levels are up, and workers' wages tend to stagnate, so you may not qualify for a raise. Many businesses also initiate layoffs.

• Lenders may tighten their standards: During a recession, lenders often institute stricter lending requirements for borrowers, making it more difficult to qualify for new credit or loans.

To minimize the impact of a recession on your financial well-being, follow these steps:

TO READ MORE:  https://www.yahoo.com/finance/personal-finance/banking/article/recession-proof-savings-181158511.html

The Most Dangerous Trade in the World Is Unraveling – Bert Dohmen

The Most Dangerous Trade in the World Is Unraveling – Bert Dohmen

Kitco News:  4-19-2025

Global markets are flashing warning signs as credit spreads widen, gold hits new record highs, and political pressure mounts on central banks.

With the European Central Bank cutting rates to 2.25% and Trump attacking Fed Chair Jerome Powell over rate policy, the battle between inflation, growth, and monetary control is intensifying.

 In this Kitco News interview, Bert Dohmen, founder of Dohmen Capital and author of the Wellington Letter, joins Jeremy Szafron to dissect the critical forces reshaping today’s markets.

From the hidden dangers of the basis trade to growing cracks in credit markets, Dohmen outlines why the system is under stress—and where smart money is moving next.

He also explains why the Fed is “boxed in,” why gold miners remain undervalued despite gold’s surge to $3,370, and what capital flight signals about confidence in traditional safe havens like Treasuries. Follow

00:00 Introduction

 01:25 Market Dynamics and Risks

01:46 The Basis Trade Explained

04:36 ECB vs. Fed: Diverging Policies

 05:47 Historical Perspectives on Interest Rates and Inflation

07:50 Credit Spreads and Market Signals

09:42 Gold and Market Liquidity

13:57 Equities and Market Health

21:34 Gold Miners and Investment Opportunities

 25:24 Long-Term Market Cycles and Predictions

32:28 Conclusion

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

News, Rumors and Opinions Sunday 4-20-2025

Gold Telegraph: The World Rushes Back to Gold

4-20-2025

Gold Telegraph  @GoldTelegraph

“In just the past year, the U.S. dollar has lost over 35% of its purchasing power against gold, driven by record central bank gold buying…”

The Global Safe Haven Is Slowly Breaking: Why Central Banks Are Turning to Gold
https://www.goldtelegraph.com/2025/04/18/the-global-safe-haven-is-slowly-breaking-why-central-banks-are-turning-to-gold/

The President of the United States is studying how to fire Federal Reserve Chair Jerome Powell. The spotlight is now on those who control the printing press… Lookout.

The international monetary system is defined by something very simple: Currencies float against each other, anchored in nothing but your trust.

No gold.
No peg.

It is not a coincidence that central banks have bought 1,000 tonnes of gold for three straight years.

There is a quote from history that many have forgotten:

Shortly after the U.S. ended dollar convertibility to gold in 1971, the Treasury Secretary bluntly declared:

“The dollar is our currency, but it’s your problem.”

This speaks volumes. Today, the world rushes back to gold.

BREAKING NEWS” FRANCE IS WARNING THAT THE PRESIDENT OF THE UNITED STATES WOULD PUT THE CREDIBILITY OF THE DOLLAR ON THE LINE IF HE FIRED FEDERAL RESERVE CHAIR JEROME POWELL

You are reading this right. I think we are out of popcorn at this point.

Source: https://www.bloomberg.com/news/articles/2025-04-19/firing-powell-would-hurt-the-dollar-and-us-economy-france-says

A gold ATM in China.

https://twitter.com/i/status/1913811823750750714

It melts the gold and transfers the amount corresponding to its weight to your bank account. The future is calling…

Source(s):  https://x.com/GoldTelegraph_/status/1913567349673742410

https://dinarchronicles.com/2025/04/20/gold-telegraph-the-world-rushes-back-to-gold/

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

Militia Man  What's the hold up?  I would say the integration into the global financial system with a new real effective exchange rate.  That's it.  That's what I believe...and I believe they're ready.

Frank26  If they come out at 1 to 1 that's stupid.  But if they come out at $3.22 that's an RI...What if they come out at $3.23?  Is it an RI?  It's an RV.  

Frank26  I believe this is a reinstatement, an RI because the RV...that was done a long time ago, about 5 to 7 years ago... IMO the new exchange rate, whatever it is...they've been using it for quite a while now. 'Oh, sure Frank, Oh sure! Oh sure!'  You don't believe it?  Don't believe it.  It's my opinion.  You know why it's my opinion?  It's the only way everything makes sense that we're seeing...We're missing variables...It's called the new exchange rate...

GOLD RUSH HOUR: Real Lessons From a Reset & Life After the Dollar

Taylor Kenny:  4-20-2025

n this episode of Gold Rush Hour, Taylor Kenney and ITM Trading President Eric Griffin dig into the hidden warning signs of a dying dollar, rising volatility, and what history tells us about currency resets.

With gold hitting new highs and the Fed denying reality, we ask: are we already in the final stage of the dollar’s life cycle?

Special guest Fernando, a Senior Consultant at ITM, shares his family's experience living through a currency collapse—and what gold did for those who were prepared.

If you want to understand what’s coming and how to protect yourself, don’t miss this one

https://www.youtube.com/watch?v=Eq03ddDwfrU

Seeds of Wisdom RV and Economic Updates Sunday Morning 4-20-25

Good Morning Dinar Recaps

JP MORGAN SAYS BITCOIN'S SAFE-HAVEN APPEAL IS CRUMBLING FAST

JPMorgan signals a major shift in market sentiment, highlighting fading bitcoin demand as gold captures massive inflows and reasserts dominance in the global safe-haven race.

JPMorgan Warns Bitcoin Is Losing Ground to Gold as Global Flows Shift Dramatically

JPMorgan Chase analysts stated Wednesday that bitcoin is no longer riding the wave of safe-haven demand, contrasting sharply with gold’s recent inflows. In a research note, the team led by managing director Nikolaos Panigirtzoglou pointed to clear signs of fading investor appetite for BTC. The JPMorgan analysts stated:

Bitcoin has failed to benefit from the safe haven flows that have been supporting gold
.
They observed that the cryptocurrency has suffered from three consecutive months of exchange-traded fund (ETF) outflows and reduced speculative interest in the futures market.

Gold, in contrast, has drawn consistent flows from both institutional and speculative investors. “Despite a decline in market breadth and liquidity, gold continues to benefit from safe haven flows in a similar fashion to currencies like the Swiss franc and the yen,” the analysts detailed.

 “These safe haven flows are seen in both the ETF and futures spaces.” Global gold ETFs saw $21.1 billion in net inflows in the first quarter of 2025, including $2.3 billion from China and Hong Kong-based ETFs.

Earlier this month, JPMorgan analysts warned that bitcoin’s status as a safe-haven asset may be weakening. They said the cryptocurrency’s “digital gold” narrative is under pressure as gold continues to see stronger demand.

The report also stated that gold is leading the current debasement trade and remains its primary beneficiary. JPMorgan continues to consider BTC’s estimated production cost a key price indicator, despite ongoing concerns. Analysts said gold remains the main asset benefiting from currency debasement. They identified $62,000, bitcoin’s estimated production cost, as a critical support level.

@ Newshounds News™
Source:  Bitcoin News

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REAL-TIME PAYMENTS SURGE GLOBALLY AS US RAISES LIMITS, BRAZIL DRIVES DIGITAL INCLUSION

The growth of real-time payments has been global in scope, and as detailed in the latest “Real-Time Payments World Map,” a collaboration between PYMNTS Intelligence and The Clearing House, there’s an increasing maturity and broadening adoption of instant payment systems.

Increased transaction limits indicate that a variety of new use cases are coming to the forefront, particularly in commercial settings. A significant development in the United States is the recent increase in The Clearing House’s RTP network transaction limit to $10 million, up from $1 million as of Feb. 9.

The recent boost to transaction limits is leagues above the initial limit. When The Clearing House (TCH) launched its RTP® network in 2017 — the first new payments infrastructure in about 40 years — the transaction limit was $25,000. Jim Colassano, TCH’s senior vice president of RTP Product Development, told PYMNTS in the wake of the $10 million ceiling announcement that, “we’re seeing an explosion of new use cases on the network, and we’re seeing a lot more activity.”

This enhancement has already facilitated substantial intercompany transfers, exemplified by BNY Mellon’s $10 million liquidity management transaction for its client Computershare. The fact that over 285,000 businesses now utilize the RTP rail monthly signals a growing corporate appetite for higher-value instant payments.

Brazil’s ‘Game Changer’

In nations such as Brazil, instant payments are finding wide embrace, as central bank initiatives have proven to be a tailwind. As André Cazotto, investor relations officer, M&A, and corporate strategy officer at PicPay, told PYMNTS in April, “the central bank played a huge role in digital inclusion and competition. Pix — the instant payment system — was a game-changer. In 2024 alone, 155 million people used Pix for transactions totaling over 27 trillion reais.”

The Pix instant payment network is set to introduce a recurring payments feature, Pix Automático, in June. This functionality will streamline recurring billing for both consumers and businesses by automating payments for utilities, streaming services and other regular expenses, potentially reducing reliance on multiple banking partnerships.

The real-time payments ecosystem is also attracting new entrants, particularly in the digital wallet arena. Social media giant X is poised to launch its “X Money Account” in late 2025, partnering with Visa to enable in-platform peer-to-peer payments linked to debit cards via Visa Direct. This move indicates the potential for significant disruption and expanded reach for real-time payments within social media platforms.

Infrastructure providers are also bolstering their capabilities. FIS recently achieved full send capabilities certification for the FedNow® Service, building upon its previous receive-only certification. This advancement allows FIS to support the complete payment lifecycle for its partner banks on the Federal Reserve’s real-time payments rail, including instant payments for various use cases like loans, rent and bills.

@ Newshounds News™
Source:  PYMNTS

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Government Impersonation Scams On The Rise

Government Impersonation Scams On The Rise

This California man lost everything when phone scammers pretended to be US Marshals. Here's what they said

Christy Bieber Fri, April 18, 2025  Moneywise

The Ventura County Sheriff’s Office has Southern Californians on the alert for a new strain of phone scams that cost one Ojai resident his life savings.

Someone claiming to be a law enforcement agent with the United States Marshals Service called him and told him to send all his money to an out-of-state location.

As KTLA 5 reports, after the Ojai man complied with the instructions, he met with local police and discovered he’d been conned.

The Sheriff’s Office issued a release warning people to be wary of this and other scams involving government impersonation.

Government Impersonation Scams On The Rise

Their warning is relevant nationwide, as a growing number of con artists impersonating government agents are scamming Americans out of their hard-earning savings.

Last year, the U.S. Marshals Service warned of a spike in similar scams in Cincinnati, as reported on the local station WLWT 5.

Of course, government impersonation scams aren’t limited to phone calls.

In 2023, the FBI’s Internet Crime Complaint Center (ICC) reported a spike of more than 60% in online government impersonation scams that robbed 14,190 people — the majority of them older adults — of more than $390 million in savings.

What Can You Do If You're Scammed?

If you’re the victim of an impersonation scam (whether it’s someone posing as a federal agent, IT professional or a bank rep) you can try to get your money back.

But it’s important to act fast.

The Federal Trade Commision advises that you immediately attempt to stop payment or reverse the financial transaction.

TO READ MORE:  https://www.yahoo.com/news/california-man-lost-everything-phone-203000550.html

“Tidbits From TNT” Sunday Morning 4-20-2025

TNT:

Tishwash:  Al-Sudani chairs a meeting with major foreign oil companies operating in Iraq.

 Prime Minister Mohammed Shia al-Sudani chaired a meeting today, Sunday (April 20, 2025), with the major foreign oil companies operating in Iraq.

The Prime Minister's media office stated in a brief statement received by Baghdad Today that "Al-Sudani chaired a meeting with the major foreign oil companies operating in Iraq."  link

Tishwash:  President of the Republic: Iraq possesses enormous wealth that must be invested in supporting its economy in the best possible way.

President of the Republic, Abdul Latif Jamal Rashid, stressed, on Sunday, that Iraq possesses enormous and diverse wealth that must be invested in supporting its economy in the best possible way.

A presidential statement said that "President of the Republic, Abdul Latif Jamal Rashid, received at the Baghdad Palace, Minister of Industry and Minerals, Khaled Battal Al-Najm."

The President pointed out during the meeting that "Iraq possesses enormous and diverse wealth that must be invested in supporting the Iraqi economy in the best possible way."

The President of the Republic stressed "the importance of this in developing local industry and strengthening the economic situation," noting "the necessity of encouraging and supporting the private sector to contribute alongside the public sector in achieving sustainable development in the country."

For his part, Minister Al-Najm reviewed "the work of the ministry and the projects currently being implemented, in addition to its plans to strengthen the industrial sector in Iraq," expressing "his appreciation for the President's interest and valuable directives."

The statement explained that "the meeting discussed strategic plans aimed at encouraging the work of factories and plants to meet the needs of the local market." link

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Tishwash:  Bafel Talabani: ‘My Account’ is an Important Project, Misunderstood by the Public

PUK leader Bafel Talabani emphasized on Saturday that the "My Account” project is a vital initiative that is often misunderstood by the public.

Speaking to party media on April 19, Talabani said, "The My Account project is very important and the process is not what people understand. We met with the team and were impressed. We had some comments and we hope they will be implemented.”

He added, "This project is so advanced that it has the support of the Americans and other parties. It is a banking system that serves people’s lives, regardless of what it is called.”

Talabani also confirmed that positive progress has been made in recent negotiations between the Patriotic Union of Kurdistan (PUK) and the Kurdistan Democratic Party (KDP), saying both sides have agreed on core principles and strategies.  link

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Tishwash:  The "My Account" project threatens to spark massive demonstrations in Kurdistan. 

Dilshad Mirani, head of the Popular Protests Committee in Sulaymaniyah, confirmed on Saturday that preparations are underway for demonstrations and protests by employees of the region in all of Kurdistan's governorates in the coming days.

Mirani said, "The reasons we are holding demonstrations in the region are our rejection of the 'My Account' project and to implement the Federal Court's decision to localize employees' salaries to federal banks."

He added that "demonstrations will take place in a new form in all cities and towns if the issue of localizing employees' salaries is not resolved."  link

Mot:  Yeppers!! -- the ole easter bunny logic

Mot: . Waddya Mean!!!????

More News, Rumors and Opinions Saturday PM 4-19-2025

KTFA:

Frank26:  "BILLIONS FOR THIS PORT... BUT NOT FOR 1310!!!"......F26

 Omani Minister: Faw Grand Port is the region's gateway to development

4/18/2025

Omani Minister of Transport, Communications and Information Technology, Said bin Hamoud Al Maawali, described it on Friday as "the region's gateway to development."

A Shafaq News Agency correspondent said that a high-level Omani delegation headed by the Omani Minister of Transport, Communications and Information Technology, Saeed bin Hamoud Al-Maawali, accompanied by the Iraqi Minister of Transport, Razzaq Muhaibis Al-Saadawi.

The Iraqi Minister of Transport said in a joint press conference, "The Omani delegation expressed great admiration for the Faw Port and the advanced progress achieved in a number of its affiliated projects. They considered this a major achievement for Iraq and the region and a qualitative leap forward in trade and the economy."

For his part, the Omani minister said, "This massive project represents the region's gateway to development. We have similar experiences that we are working to develop jointly with Iraq. We have closely examined the components of the Grand Faw Port project, and we affirm our desire for an ambitious start and a significant partnership."  LINK

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Frank26:  "SECURITY & STABILITY STANDS STRONG!!!"........F26

The Security and Defense Exhibition kicks off in Baghdad with the participation of 150 Arab and foreign companies  

4/19/2025

 The 13th edition of the Security, Defense, Military Industries, and Cybersecurity Exhibition kicked off on Saturday at the Baghdad International Fairgrounds, with broad international participation, led by the United States, China, and Iran.

The spokesman for the Commander-in-Chief of the Armed Forces, Major General Sabah al-Numan, told Shafaq News Agency that this year's exhibition will host 150 companies representing 20 Arab and foreign countries, in addition to 65 Iraqi companies. 

He explained that the government is clearly moving towards encouraging local military production, while attracting international expertise to support the country's military manufacturing process.

Al-Naaman pointed out that the Military Industrialization Authority has witnessed a "qualitative leap" over the past few years, as it now equips most security agencies with weapons and ammunition of various calibers, in addition to other military equipment. 

He considered the exhibition to be "an opportunity to exchange expertise and learn about the latest technologies from foreign companies" in the fields of weapons, ammunition, and surveillance and control systems.

The military spokesman noted that the Iraqi security apparatus "has begun to capitalize on developments in cybersecurity technologies," emphasizing that attention is no longer limited to conventional armament, but rather includes the technological dimension, which is taking "an ever-increasing place" in the national defense structure.  LINK

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

Mnt Goat ...Just listening to personal boots-on-the-ground (my CBI contact), I learned that we are very close as my CBI contract was told last week that she would be coming back to work on the committee for the Project to Delete the Zeros very soon... There is something brewing and its not beer…lol...

Militia Man  I think Iraq is far more ready than many people believe.  But because of the nature of this I still believe there is that inter-connectivity issue and it's something that's beyond our pay grade.  We just don't know exactly when they're going to do it and we're not supposed to know.  It's pretty obvious we're not supposed to know...

Precious Metals Bull Market Is Here | Rick Rule

Liberty and Finance: 4-19-2025

Rick Rule, CEO of RuleInvestmentMedia.com, asserts that gold and silver are in a confirmed bull market, with gold currently leading due to rising concerns over inflation, debt, and currency debasement.

 He explains that silver tends to lag initially but historically outperforms gold later in the cycle as mainstream investors enter the market.

Rule highlights that precious metals markets are highly volatile, and investors should be prepared for sharp pullbacks—even up to 50%—during an overall upward trend. He believes silver's lower price and greater volatility give it more explosive upside potential once momentum shifts in its favor.

Rule also warns that large short positions in silver could face severe consequences when the market turns.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Gold & silver markets

22:48 Uranium & copper

25:54 Battle Bank

27:50 Rule Symposium

 33:54 Battle Bank & Rule's ranking

https://www.youtube.com/watch?v=ucby-5txYfg