RV Thoughts From 589Bull 5-2-2025

This is Bretton Woods 2.0 but Silent

589bull:   5-2-2025

JUST IN: Trump says Treasury Secretary Scott Bessent is negotiating new trade deals with 200 countries.

There aren’t even 200 countries—so what’s really going on? This isn’t a trade update. This is a signal: the U.S. is rebooting the global financial system.

Scott Bessent isn’t a bureaucrat. He’s a former Soros lieutenant turned nationalist asset manager. Now he’s at the Treasury, shaking hands with the planet—and writing a new playbook.

Trade deals = cover.
Monetary realignment = mission.

Expect this to include:
• Commodity-backed agreements
• Gold-denominated settlement layers
• Currency revaluations (IQD, VND, etc.)
• Digital rails for cross-border payments
• A new U.S.-anchored FX standard

This is Bretton Woods 2.0… but silent.

Trump isn’t bluffing. He’s locking the U.S. into 200 bilateral levers for liquidity control. You’re watching the scaffolding of a new world economy being bolted together in real time. The headlines won’t say it.

But we see it.

Source(s):
https://x.com/589bull10000/status/1917984083528831108

https://dinarchronicles.com/2025/05/01/589bull-this-is-bretton-woods-2-0-but-silent/

What’s the Rate Gonna be?

589bull:   5-2-2025

Everyone always asks: “What’s the rate gonna be?”

I usually don’t go there, but with everything we’re seeing—the coordination, the U.S. banking moves, the Fed delays—it’s worth laying it out.

Here’s a breakdown of what’s possible, from conservative to bullish:

Conservative Range:
$0.01 – $0.10 USD per IQD

Would be framed as a “managed float” or gradual revaluation. Helps Iraq slowly restore trust in the currency. Fits IMF-style baby steps. But honestly? Doesn’t match the intensity of what we’re seeing right now.

Mid-Range (Realignment):
$0.30 – $0.50 per IQD

This range is more realistic if Iraq is re-entering Forex with intent. Backed by oil, gold reserves, strong budget activity, and trade growth. Also high enough to shift regional dynamics, but low enough to stabilize.

Bullish Range:
$1.00 – $3.00 per IQD

This would be a full-blown reset play. Parity with the dollar or higher. Symbolic. Strategic. Global. Would explain why the U.S. is micromanaging liquidity, timing, and banking integrations.

Could it go higher? Only under a controlled redemption window or tiered payout model. We’re talking geopolitical restructuring, asset backing, BRICS pushback, and U.S. leverage in play.

But to be clear: anything over $3 would require a system the public hasn’t fully seen yet.

Final thought: You don’t build this much coordination just to bump from 1310 to 1190. This feels bigger—and whatever the number is, it’s gonna shock a lot of people.

So yeah, I usually don’t guess. But right now? Feels like time to pay attention.

Source(s):
https://x.com/589bull10000/status/1918047681156382785

https://dinarchronicles.com/2025/05/01/589bull-whats-the-rate-gonna-be/

Coffee with MarkZ and Mr. Cottrell. 05/02/2025

Coffee with MarkZ and Mr. Cottrell. 05/02/2025

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: Good Friday Morning to all . This week just flew by……..

Member: I hope we have good RV/financial news today

MZ: This conference has been a very good time. Got to meet and send time with a lot of people. It was great to connect with so many in person…..Thank you for understanding why I could not do a podcast last night

Member: We missed you Mark, but so happy for you to have this great opportunity

MZ: I am still drawing a blank from my one bond contact with the bank wire. Still waiting to see if he got spendable dollars. I think this is a great sign because he told me he wasn’t going to answer if he was paid.

MZ: I have heard that others have been paid. But no confirmation from a personal source. I don’t think they have hit the 30% bonds paid yet….but I continue to hear from other bond holders that they are moving along quickly with processing.

Member: Any idea how close to the 30% bondholders paid we are at?

MZ: Judging from what I am seeing…..My best guess is they are at the halfway mark.  But it’s just a guess…..we could find out within hours they have already reached it.

Member: I wonder - do bond payouts occur over the weekend or wait till Monday??

MZ: I did get a great check in yesterday saying their humanitarian group had a long meeting with the Treasury to position their money for release…..and now has funds …..This is a group from Tier 3…but the money is not from the same pot as the historic bonds are……..This has me downright excited.

MZ: If they got dollars….we should soon start seeing some relief.

MZ: On the banking/redemption center side. They say they have to work half a day this weekend.

Member: have you heard if Zurich has started ?

MZ: I have heard that the engine has started running in Zurich. That is what I am hearing.

Member: I watched the Mike Bara interview with Wolverine and it seems there are certain countries starting to pay out for people holding bonds. Who knows if it is actually happening.

Member: What happened to the audit at Fort Knox ?

Member; Last night in the Jessie Waters interview with Elon Musk…..they mentioned that they were currently auditing the US Treasury along with other departments …..and  the audit of Ft. Knox is next on the list .

Member: I heard Iraq’s AYUSCUDA system will be totally up and running the middle of this year.

MZ: yes –it’s 93% up right now. That is what was claimed in an article this week. It’s another necessary step towards the RV . We are not waiting on this for the RV though. I don’t think there is anything on the list that they cannot do within hours to release this thing.

Member:  The middle of this year could mean this month?

Member: Mark is Venezuela back in first basket. Sources Wolverine and Bara put out positive comments on it yesterday.

MZ: I don’t know if Venezuela is in the first basket. Bank contacts have not seen any new values popping up on the Bolivar.

MZ: They have seen internal documents saying they need to train on accepting VND rupiah and IQD and others…. and learning procedures on accepting them…..……but not specifically on the Bolivar.

MZ: I am hopeful the Bolivar is in it….and I know it will go at some point.

Member: Is President Trump holding up the RV for a negotiation tool?

MZ: I have not heard that. I believe he wants it done.

Member: TNT said the appointments are needed for redistribution today…. approval was last night and new rate in the 5 range

Member: Will you have a list of where the redemption centers are going to be throughout the United States?

Member: When we call and give our zip code for our appointment. I believe that is where we will be told where to go.

Member: Question: If thousands of new millionaires are suddenly created by the RV, won't that be inflationary?

Member: They must be aware of this and have a plan???

Member: Sounds like this could happen before Mothers Day.??

Member: We are getting so close folks. Hang tight.

Member: Have a nice weekend, all! And safe travels, Mark!

Member: BREAKING: Massive 7.4-magnitude earthquake hits off the coast of South America (Argentina) praying that folks there will be safe.

Mod: REMINDER! NO FRIDAY OR SATURDAY MORNING PODCAST! MARK WILL BE TRAVELING TO NORTH CAROLINA!

Mr. Cottrell and CBD Guru’s join the stream today. Please listen to replay for their information .

​​IF YOU WANT TO SEE MARK AND ZESTER'S AT THE TRUTH SEEKER'S CONFERENCE VIDEO GO TO THE INTEL INFO ROOM. INTEL INFO ROOM: Link: https://t.me/+K_GNVfTI0gFkZWYx

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.

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

Youtube:     https://www.youtube.com/watch?v=JAgtlM_qt2A

7 Key Signs You’re Wealthier Than You Think

7 Key Signs You’re Wealthier Than You Think

Caitlyn Moorhead  Tue, April 29, 2025 GOBankingRates

Controversial but consummately successful podcaster Joe Rogan once said he felt like he’d “made it” financially when he had enough money to eat at a restaurant at night without feeling guilty and stressed about what it cost the following day.

Rogan’s net worth is now estimated at $200 million, which is all the money in the world — unless you’re Elon Musk. That makes Rogan’s $200 million fortune he made bloviating opinions less than 0.05% of Musk’s $391 billion fortune he made buying cars and rocket ships.

he point is that how you feel about wealth is subjective and can come from many sources. In a country where more than half of all six-figure earners reportedly live paycheck to paycheck, how do you know if you’re rich, or at least richer than you think? Here are eight key signs you may be wealthier than most Americans.

You Make More Than the Median Earner

Your salary, of course, plays a significant role in your ability to accumulate wealth and has a lot to do with how you measure up to the masses.

“The median household income in the U.S. is around $75,000,” said Joel Ohman, certified financial planner and CEO of Clearsurance. “So, if you make more than that, your income is higher than half the people in the country.

“Of course, how far $75,000 takes you will depend on where you live. For example, you have a lot more buying power with $75,000 a year in Glendive, Montana, than you would in Orange County, California.”

Since the cost of living varies so dramatically from one place to the next, area median income (AMI) is a more accurate yardstick to measure your comparative wealth.

HUD Loans by commercial property financing firm Janover offers a state-by-state AMI breakdown with metro, non-metro and total AMI variants. Fannie Mae has a map-based AMI lookup tool that allows for much more granular and local detail.

You’ve Met the Standard Saving Milestones

Even the most impressive income is no indication of wealth if you spend more of it than you make, which so many high earners seem to do. The more accurate barometer, then, is how much you have in the bank.

“If you’re making higher than an average salary and have saved four times your annual income, and you’re in your 20s, you’re doing very well,” said Ohman.

Ohman’s benchmark is exceptionally high. The standard guideline is to have the equivalent of your annual salary saved by age 30, three times your salary by 40, six times by 50, eight times by 60 and 10 times by 67.

Several studies have shown that more than half the country is behind on those milestones, so even being on par with your decade’s goal lands you a spot among the more affluent half.

You’re Not Drowning in Outstanding Financial Obligations

TO READ MORE:  https://finance.yahoo.com/news/signs-wealthier-think-152349259.html

Seeds of Wisdom RV and Economic Updates Friday Morning 5-2-25

Good Morning Dinar Recaps,

US CONGRESS SEEKS TO END THE PENNY BY INTRODUCING THE COMMON CENTS ACT

The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten Gillibrand, are behind this proposal.

Common Cents Act Gets Introduced to Stop Penny Production

The U.S. Congress will consider ending the production of the $0.01 coin, commonly known as the penny, to combat government inefficiency. A proposal called the ‘Common Cents Act’ seeks to eliminate the production of the cent coin to reduce government spending on a coin that is no longer widely used.

Introduced by a bipartisan group of lawmakers, including Representatives Lisa McClain and Robert Garcia, as well as Senators Cynthia Lummis and Kirsten Gillibrand, the act would direct the Secretary of the Treasury to cease production of one-cent coins for regular use.

However, special issuances for coin collectors would still be allowed, provided the sale price of the coin ‘equals or exceeds the total cost of production, including variable costs and the appropriate share of fixed costs.’

Additionally, the bill proposes rounding prices to the nearest five cents, a resolution adopted by several countries implementing similar reforms. This would enable people to complete all cash payments without issue.

Senator Cynthia Lummis highlighted the wasteful spending that the U.S. Mint executes with the issuance of each penny. Lummis stated:

The fiscal reality is undeniable: the U.S. Mint spends three cents to produce each one-cent coin. With a $36 trillion national debt, we have to implement meaningful opportunities to reduce costs, update our currency system, and codify the elimination of government inefficiencies. It just makes cents!

In February, President Donald Trump decided to end the production of the penny, assessing that the whole operation was “wasteful.” Nonetheless, experts stated that this decision was not his to make, as Congress is the institution that dictates the specifics of coin production.

Analysts expect Trump to tackle nickel production in the future, as it is also produced at a loss.

@ Newshounds News™
Source:  Bitcoin News

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COULD XRP ETF APPROVAL BE NEAR? RIPPLE TO MEET SEC CHAIR PAUL ATKINS ON MAY 2

As positive shifts in cryptocurrency regulation unfold under President Donald Trump’s second administration, speculation is mounting regarding the potential approval of spot XRP ETF applications.

This anticipation is fueled by significant changes at the US Securities and Exchange Commission (SEC), particularly the appointment of Paul Atkins as the new chair. Known for his pro-crypto stance, Atkins represents a departure from the stringent regulatory environment established by former chair Gary Gensler.

Speculation Rises Around XRP ETF Applications

The timing of a possible XRP ETF approval is further ignited by reports of a potential meeting between Ripple Labs’ executive chairman and co-founder Chris Larsen and SEC Chair Paul Atkins. Such discussions could pave the way for expedited decisions on XRP ETF applications.

Earlier this week, Bitcoinist highlighted that the SEC has set a new deadline of June 17, 2025, for either approving or disapproving the XRP ETF application submitted by asset manager Franklin Templeton or initiating further proceedings to assess the proposal.

Bloomberg ETF expert James Seyffart has indicated that while the June deadline is crucial, market participants should prepare for a series of decisions expected in the fourth quarter of 2025.

However, Bloomberg’s ETF expert specifically pointed to mid-October—around the 18th of this year—as a pivotal date for a potential spot XRP ETF decision by the regulatory body.

Ripple Labs Sees Renewed Hope

Adding to the excitement, crypto investor Steph Is Crypto recently shared on social media site X (formerly Twitter), that insiders suggest the meeting between Larsen and Atkins, reportedly scheduled for May 2, could bring the approval of XRP ETF applications closer to reality. However, as of Thursday, no official confirmation or statements have been released by either party, leaving this scenario uncertain.

The ongoing speculation for XRP ETF applications come amid a more favorable environment for Ripple Labs, which has long advocated for regulatory changes in the US.

The previous administration faced criticism for its enforcement actions and lawsuits targeting major players in the crypto sector, including Ripple Labs itself.

Since Gensler’s resignation on January 20, 2025, several lawsuits against prominent companies like Coinbase, Robinhood, Uniswap Labs, and Kraken have been dropped, further easing regulatory pressures.

This renewed optimism not only fuels hopes for XRP ETF approval but also raises expectations for other crypto ETFs, including those for Litecoin (LTC), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), which may also receive approvals later this year.

At the time of writing, XRP, currently the fifth largest cryptocurrency on the market in terms of capitalization, is trading at $2.21, up 8% in fourteen days amid renewed optimism in the market after a challenging few months.

@ Newshounds News™
Source:  Bitcoinist

~~~~~~~~~

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Thank you Dinar Recaps

News, Rumors and Opinions Friday AM 5-2-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 2 May 2025

Compiled Fri. 2 May 2025 12:01 am EST by Judy Byington

Global Currency Reset:  (RUMORS)

Wed. 30 April 2025  Banker: “Initially Wells Fargo Bank in Sacramento was to release the 800 number. It is now my understanding that it will be released in Panama.”

Tues. 29 April 2025 Wolverine: “Bond Holders are liquid in their accounts. Money is defiantly moving.”

Thurs. 1 May 2025 Bruce:

Sometime between now and next Wed. 7 May you should get an email from Wells Fargo that instructs how to set up your exchange appointment.

In order for us to exchange there were three things that needed to happen that did happen by yesterday Wed. 30 April. (1) One was taking out the nuclear plant in Iran – which set up a peace agreement in the Middle East. (2) The second was the agreement between Trump and Ukraine to mine precious metals. Russia agreed to a cease fire for three days. (3) The third was the problem with Iran and Ukraine integrating into the new banking system. That is to happen by Fri. night 2 May.

There were indications that Dong and Dinar were being exchanged in the Middle East.

Everything was triggered to start today Thurs. 1 May at 2 pm EST.

The latest information was that Tier4b (us, the Internet Group) notifications should come out over the weekend, with appointments starting on Tues. 6 May.

All exchanges are to be finished by Sat. 31 May 2025.

On Wed. 30 April Iraq announced they were in bankruptcy, so their Dinar was likely to revalue ASAP. The IQD (Iraqi Dinar) flips first, the XRP follows: https://x.com/589bull10000/status/1917621269450707386?t=1T5j2NhKm7xa-kjs5dfUtw&s=09

Thurs. 1 May 2025 Dong RV Officially Confirmed: OH MY GOSH! – VND Revaluation OFFICIALLY Confirmed – URGENT Update for Dong Holders!

Thurs. 1 May 2025 Three Signs the Iraqi Dinar RV Has Already Started: IRAQI DINAR – 3 Hidden Signs the Iraqi Dinar RV Already Started – Banks & Redemption Centers Know!

~~~~~~~~~~

Global Financial Crisis:

Thurs. 1 May 2025: The Federal Reserve Lost $80 Billion, American Taxpayers PAID FOR IT. “The Fed is losing, last year they lost about $80 billion and the taxpayers funded that, and we use that money to pay banks.” Charlie Kirk “So is congress then financing this loss?” “Yeah — It’s crazy.” …Q into the Storm on Telegram

Thurs. 1 May 2025: TRUMP UNLEASHES GOLD-POWERED INCOME TAX REVOLUTION …Nesara Gesara on Telegram

TRUMP JUST CHANGED EVERYTHING. On April 27, 2025, he dropped the bomb: “NO INCOME TAX for Americans earning under $200K” — all thanks to a TARIFF-POWERED REVENUE PLAN that’ll obliterate the IRS and launch America into a new industrial age. Factories are firing up. Jobs are coming back. He calls it the EXTERNAL REVENUE SERVICE.

But here’s the part they don’t want you to see: it’s not just tariffs. This is the death blow to the fiat system.

JUDY SHELTON IS BACK. Trump’s trusted gold-standard economist is pushing a new 50-year Treasury bond — fully convertible to GOLD — launching July 4, 2026. Her plan? Use America’s gold reserves to back a new debt instrument and k**l the Fed’s monopoly. This isn’t theoretical. This is the start of a financial coup.

The Fed is DONE. The global dollar order is collapsing.

Russia and China are already there. Russia just abolished the 20% VAT tax on gold — signaling a full return to a gold standard. China? Quietly hoarding gold, dumping dollars.

Defcon insiders warn: The next global system will be gold-backed, and the US dollar will CRASH. Maxime Bernier isn’t mincing words: “We’re handing them the win. We’re triggering the collapse of our own currency.” And Canada has no gold left. NONE. Their dollar is hanging by a thread.

This is happening FAST. Russia’s central bank is stacking up assets immune to sanctions — gold, cash, and Chinese yuan. They’re preparing for the final break from the Western system.

Meanwhile, Lebanon just canceled its central bank’s foreign debt. That’s full-on reset mode. Central banks are collapsing from the inside. They’re wiping the slate clean. Who’s next?

The gold dominoes are falling. And in the shadows, Multichain is connecting XRPL with 39+ chains, bypassing legacy financial controls — ushering in a decentralized gold-backed exchange system with over $6 billion locked and $200M daily volume. Quiet now… but that’s how revolutions start.

We are in the final chapter. The fiat illusion is crumbling. Gold will rise. Trump is forcing the reset — ON OUR TERMS.

WAKE UP. THE WAR ISN’T COMING. IT’S HERE.

Read full post here:  https://dinarchronicles.com/2025/05/02/restored-republic-via-a-gcr-update-as-of-may-2-2025/

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

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

Yada  For this rate to delay another month would mean they'd have to freeze all they've done up till now.  26 billion dollar worth of oil not flowed from Iraq to Turkey and all needed is the rate to populate. US pushing to get it restarted. Billions of invested money from companies arrived in Iraq the past 3 weeks and doubt they will just sit on it with no rate change...There is much said in the articles as well as prep actions of Iraq to indicate, the rate release is upon us.

Militia Man  Article quote: "Non-oil imports rose significantly during the government of Muhammad Sudani including long-term investment revenues..."   Sudani has increased the non-oil revenues since he's been in office...Realize Iraq's original valuation was primarily based off oil.  Now they have non-oil resources.  They're really going to be able to support a real effective exchange rate as far as I can see...

Twin Deficit Crisis: 'This Is How You End Empires', Recession Imminent? | Darius Dale

David Lin:  5-1-2025

Darius Dale, Founder of 42 Macro, explains his forecast for a W-shaped market correction in 2025, warning about the risks of the U.S. twin deficit crisis and recommending defensive positioning with significant allocations to gold and cash.

0:00 - Intro

1:25 - Allocation update

 5:52 - Fiscal timing

9:35 - Recession explanation

 18:02 - Credit defaults and shorting

20:44 - Retail investing

 23:13 - KISS Portfolio

 28:25 - Capital outflow

35:55 - View of the dollar

 39:40 - Deficits

43:43 - DOGE cuts

 48:15 - W-shaped Market in a U-shaped Economy

https://www.youtube.com/watch?v=lixA8SuJf2E

“Tidbits From TNT” Friday Morning 5-2-2025

TNT:

Tishwash:  Planning: Memoranda of Understanding with advanced countries to train employees outside Iraq

The Ministry of Planning affirmed that training government employees is a priority for enhancing institutional performance, while noting the signing of memoranda of understanding with advanced countries to train employees outside Iraq.

Ministry spokesperson Abdul Zahra Al-Hindawi said that the ministry places a direct emphasis on training and developing the capabilities of employees in all state institutions through the National Center for Administrative Development and Information Technology.

He explained that the National Center organizes, as part of its annual program, numerous training courses in various fields, including management, law, protocol, computers, electronic and financial aspects, and others. Some of these courses are held at the request of government institutions based on their needs. link

Tishwash:  Clarification of the Cabinet's decision regarding the withdrawal of tax deposits

 A responsible source commented on Thursday (May 1, 2025) on what was circulated on social media and some media outlets regarding a government decision to withdraw tax deposits, stressing that the procedure is legal, announced, and aims to cover basic expenses, most notably salaries.

The source told Baghdad Today, "The sums referred to in the decision were not recorded in a final account within the public treasury, but were used to cover expenses, a practice followed by previous governments and implemented in accordance with a decision announced by the Council of Ministers."

He explained that "the decision included reversing the amounts of trusts from the revenues collected during tax accounting," noting that "the Ministry of Finance, as the competent authority, studied the decision before making it."

The source added, "What happened in the previous government regarding tax deposits could have been avoided if the current procedure had been adopted at the time," considering that "the deliberate distortion and fraud by some parties for electoral purposes not only targets the government, but harms all of Iraq."

He concluded by stressing that "the government is proceeding with its reforms despite attempts to disrupt them, in a manner that ensures the best possible service to the Iraqi citizen."

Decision details: Temporary withdrawal and subsequent settlement.
The Cabinet voted last April to authorize the Minister of Finance to withdraw more than 3 trillion dinars from tax deposits less than five years old to cover salary expenses for the coming months. These amounts will be subsequently settled from monthly tax revenues.

According to observers, this measure is a temporary means of financing to overcome delays in transferring oil revenues from the US Federal Reserve into local currency, without the need for borrowing or delayed salaries.

Despite the technical
nature of the decision, the withdrawal of tax deposits sparked widespread political controversy, with some forces viewing it as a reflection of the fragility of the financial situation and the government's weak ability to manage expenditures without compromising temporary and legally allocated funds.

For its part, the Parliamentary Finance Committee believes that addressing this crisis requires a comprehensive review of fiscal policy, reducing reliance on oil, and enhancing non-rent resources, to avoid the repeated resort to exceptional solutions that could be legally considered controversial. link

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

Tishwash:  Al-Sudani explains the reason for inviting the Syrian president to the Baghdad summit and Iraq's ambition to host the Iran-US talks.

Prime Minister Mohammed Shia al-Sudani affirmed that Syrian President Ahmed al-Shara's invitation to attend the Arab League summit in Baghdad was within the established protocol of the Arab League system, noting the importance of his attendance in clarifying his vision for Syria's future to Arab countries.

In press statements monitored by Al Furat News Agency, Al-Sudani stressed Iraq's commitment to Syria's security and stability, considering it a part of Iraqi national security. He expressed his hope that Syria would witness a comprehensive political process that guarantees the rights of all citizens.

In the context of regional relations, Al-Sudani explained that Iraq maintains good relations with both Iran and the United States, affirming Baghdad's support and encouragement for the current negotiations between them. He added that the success of these negotiations will have positive repercussions for the region as a whole, including Iraq.

Regarding relations with Washington, Al-Sudani noted Iraq's efforts to shift toward bilateral relations with the United States, a focus of two rounds of dialogue in Washington. He expressed hope that the third round would be held in Baghdad.

Regarding the Palestinian issue, the Prime Minister emphasized that it is "the root of the problem in the Middle East," expressing his belief that US President Donald Trump is capable of leading global efforts to resolve it.

Al-Sudani explained that "Iraq is experiencing its best situation since the founding of the modern state," adding, "Iraq is not what is often viewed as a war zone. Indicators on the ground are different. Residents of the capital are out and about until late at night, and more than $88 billion in investments have entered the country."

He stressed that "the challenge facing my government is to restore citizens' confidence in state institutions, due to the many setbacks that have occurred over the past two decades."

The Prime Minister stated that "corruption is one of the challenges facing my government, and I have initiated practical, not media-based, measures to combat it."  link

Mot:  “Excuse me… could you walk with me for a couple of minutes?”

A man is walking through the supermarket, holding a basket and looking a bit lost. He notices a very attractive, beautiful, and fit young woman nearby. He walks up to her with a friendly smile:

“Excuse me… could you walk with me for a couple of minutes?”

The woman looks confused and asks,

“Why?”

He replies,

“I’ve lost my wife… and every time I talk to a pretty woman, she magically appears out of nowhere!”

The woman chuckles and says,

“That’s… oddly specific.”

He points behind her and says,

“See? Told you — there she is!”

Iraq Economic News And Points To Ponder Thursday Evening 5-1-25

Oil Prices Stabilize, Brent At $61

Time: 2025/05/01 07:52:31 Read: 2,235 times  {Economic: Al Furat News} Oil prices stabilized with little change after recording their largest monthly decline since 2021, amid indications that the OPEC+ alliance may be entering an extended phase of increased production.

West Texas Intermediate crude traded around $58 a barrel after falling 3.7% on Wednesday, while Brent crude held near $61.

Reuters reported that Saudi officials have told their allies and industry experts that the kingdom can withstand lower prices for an extended period.

At its meeting earlier this month, the OPEC+ alliance decided to raise oil production by more than previously estimated starting in May, by about 411,000 barrels per day, equivalent to three months of planned increases.

This report comes as the market awaits OPEC+'s next move, given the recent decline in oil prices. JPMorgan analysts led by Natasha Kaneva see in a note a "growing likelihood" that OPEC+ will accelerate the return of crude supplies to the market at its next meeting on May 5.

Meanwhile, hopes for a quick breakthrough in US-led trade negotiations are fading, negatively impacting the outlook for energy demand.

US economic contraction: Oil prices have been under pressure since US President Donald Trump announced on April 2 that he would impose high tariffs, heralding a broader trade war that could lead to a global economic slowdown.

Data on Wednesday showed that the US economy contracted for the first time since 2022, while manufacturing activity in China fell to its worst level since December 2023. This decline overshadowed more positive data showing a decline in US oil and gasoline inventories last week.

According to Morgan Stanley, global oil demand in April remained unchanged from last year's level, at 102 million barrels per day, although the bank had expected an increase of 500,000 barrels per day over the previous month.  LINK

The Central Bank Of Iraq Has Decided To Sell $2,000 To Each Pilgrim At The Official Exchange Rate.
 
Thursday, May 1, 2025 17:25 | Economic     Number of readings: 143
  https://ninanews.com/Uploads/Images/2025/5/1224130-1e78f8df-f682-48ba-bc0c-f316aec7bc8b.jpg
 
Baghdad/ NINA / The Central Bank of Iraq decided, on Thursday, to sell $2,000 to each pilgrim at the official exchange rate of 1,320 per dollar.
 
The text of the document issued by the Central Bank stated that it was decided to grant each pilgrim $2,000 at the official rate,
as part of the facilities provided to pilgrims to the House of God https://ninanews.com/Website/News/Details?key=1224130    

Terms And Conditions

April 30, 2025   Anti-Money Laundering and Counter-Terrorism Financing Controls for Electronic Payment Service Providers.  For more information, click here   https://cbi.iq/static/uploads/up/file-174600330029591.pdf   

[48 page pdf file in Arabic]    https://cbi.iq/news/view/2878    

A UN Assessment Of Iraq's Position On Regional Crises And Its Dissociation From Them

Time: 2025/05/01 22:01:51 Reading: 765 times  {Local: Al Furat News} The United Nations praised Iraq's stance on regional crises and its dissociation from them on Thursday.

The Special Representative of the Secretary-General for Iraq, Mohammed Al-Hassan, said in a press statement that: "The Iraqi government's handling of the region's crises has been extremely successful."

He added, "The government has kept many disputes and conflicts away from Iraq," noting that "Baghdad and Erbil have dealt calmly and professionally with the region's challenges to protect Iraq from any negative impacts."

Al-Hassan explained that "the Iraqi authorities and decision-makers have dealt in an optimal and rational manner, keeping the country away from many problems."  LINK

Parliamentary Finance: Budget Tables Will Reach Parliament After The Legislative Recess.

Thursday, May 1, 2025, 4:03 PM | Economics Number of reads: 316    Baghdad / NINA / The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced that the budget tables will reach the parliament after the legislative recess.

Al-Atwani said, "Voting on the budget tables within the parliament will not exceed the ninth of next June due to the legislative recess," noting that "the budget is approximately 210 trillion, divided into an operating budget of approximately 155 trillion and a 55 trillion investment budget with a deficit of 66 trillion dinars."

He added, "Our planned path for discussing the budget and studying these tables is to review their contents and study them in detail," noting that "the first ministers to attend to discuss the budget will be the Minister of Finance, followed by the Minister of Planning."

Al-Atwani continued, "The approved mechanism for distributing the investment budget amounts, whether between ministries or governorates, is studied and analyzed, after which the report is written and submitted to the House of Representatives, and then the budget tables are presented with the report to the House for voting on them.

" He stressed "the committee's keenness to complete the task as soon as possible, considering that we voted on a three-year budget for the government to operate comfortably and not to disrupt the tables." https://ninanews.com/Website/News/Details?key=1224120

The Iraqi Banking Sector Between Support Flexibility And The Risk Of Reserve Depletion: A Reading Of The Fitch Report And Central Bank Figures

Economy News – Baghdad   Bassam Raad / Economic Researcher  At a time when Fitch Ratings confirms the flexibility of the Iraqi banking sector in the face of oil price fluctuations (1), the Central Bank’s figures reveal a decline in foreign reserves during the first quarter of 2025 (Al-Marsoumi) (2).

These two reports present a multifaceted picture of the Iraqi economy, highlighting short-term resilience thanks to liquidity support policies and long-term risks associated with reliance on oil, price volatility, and declining foreign reserves.

The Fitch report indicated that the Iraqi banking sector, despite its low credit rating (CCC)(3), is not directly affected by the decline in oil prices.

This is due to the Central Bank's ability to support government spending through proactive monetary policies. One of the most prominent of these policies is known as monetary sterilization(4), through which the exchange rate is maintained stable and inflation is curbed.  

Central Bank figures also revealed that Iraq's foreign exchange reserves declined by more than $7 billion during the first quarter of 2025, reaching 127.198 trillion dinars in March 2025, compared to 136.877 trillion dinars in December 2024. This means that the Central Bank sacrificed a portion of its reserves to achieve domestic financial stability, reinforcing Fitch's claim about the resilience of the banking sector.

Overall, the Fitch report cannot be separated from the decline in oil prices, which fell from around $77.3 to $72 per barrel during the first quarter of this year, a source of approximately 90% of Iraq's revenues.

While the agency saw that the direct impact on banks is limited, we can sense the indirect impact through the Central Bank’s figures and through

The Following Comparison:

Government revenues declined, increasing pressure on the central bank.  

Foreign exchange reserves: decreased by approximately 9.679 trillion dinars by the end of the first quarter of this year.

Here, the data shows that support policies may achieve temporary stability, but they rely on limited resources (foreign reserves), which portends risks if oil prices continue to decline or government spending expands unplanned.

Despite the Central Bank’s assurances that reserves are still good by international standards (their ratio to the money supply is above 20%) (5), in an oil-dependent country like Iraq, the decline in oil revenues negatively affects foreign currency flows. The continued decline in oil prices for a long period may weaken the ability to compensate for depleted foreign reserves.

The most important message conveyed by Fitch's reports and the central bank's figures is that "temporary stability is no substitute for radical reform."

While monetary support policies demonstrate short-term resilience, depleting reserves and rising public debt portend future crises if the Iraqi government does not rapidly diversify its economy and adopt radical reforms.

Iraq is at a crossroads: either diversify its sources of revenue and move toward a productive economy based on industry, technology, and agriculture, or remain hostage to the volatility of oil prices and the fragility of credit ratings.    https://economy-news.net/content.php?id=55007

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

Seeds of Wisdom RV and Economic Updates Thursday Evening 5-1-25

Good Evening Dinar Recaps,

HOUSE REPUBLICANS TO UNVEIL LANDMARK DRAFT DIGITAL ASSET BILL AHEAD OF KEY CRYPTO HEARING NEXT WEEK

▪️Top Republicans of the House Financial Services Committee alongside their counterparts in the House Agriculture Committee will be releasing a draft ahead of a May 6 hearing on the future of digital assets, sources told The Block
.
▪️The incoming version is set to be similar to one that passed out of the House last year called the Financial Innovation and Technology for the 21st Century Act

Key lawmakers are set to release a new discussion draft in the coming days that outlines a significant regulatory framework for digital assets, ahead of a major congressional hearing next week.

Top Republicans on the House Financial Services Committee — Reps. French Hill and Bryan Steil — along with their counterparts on the House Agriculture Committee — Reps. Glenn "GT" Thompson and Libertarian Dusty Johnson — will release the draft before a May 6 joint hearing on digital assets, a source familiar with the matter confirmed to The Block.

The hearing, titled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” will be held at 10 a.m. ET and is expected to focus on long-awaited legislation to define crypto market structure in the United States.

The draft is expected to resemble last year’s Financial Innovation and Technology for the 21st Century Act (FIT 21), which passed the House. A staffer for the House Agriculture Committee also confirmed that the text would be released prior to the hearing.

Committees in the House and Senate have advanced bills focused on stablecoins, and legislation to regulate the crypto industry as a whole has been viewed as the next step. President Donald Trump has said that he wants to see a stablecoin bill on his desk by August, but some say the bills could be linked.  

Republicans have been mostly leading efforts on both bills and would need Democratic support to pass. Some Democrats, including crypto critic Rep. Brad Sherman of California, have said that "good crypto regulation" is needed, but Trump-backed crypto ventures could threaten any hope of bipartisanship.

Moving Onwards

The process for a market structure bill is moving quickly, said Ron Hammond, senior director of government relations at the Blockchain Association, as lawmakers could decide to hold another hearing or could go straight away to a markup — the process where lawmakers openly debate, amend, and vote on a bill.

Hammond said he had not seen a version of the discussion draft, but said he had been told it was 90% similar to FIT 21.

"Overall, it's still kind of a black box until we see the text of what actually got changed and what they intend to change after the discussion draft," Hammond said in an interview.

FIT 21 sets out to clarify when a digital asset would be regulated by the Securities and Exchange Commission, the Commodity Futures Trading Commission, or both. It would have ultimately granted more power and funding to the CFTC to oversee crypto spot markets and "digital commodities," particularly bitcoin, and set parameters for the Securities and Exchange Commission.

Meanwhile, the Senate is working on its version of a crypto market structure bill, Hammond said.

Stablecoins - market structure

Combining the two bills has been floated, but there are concerns of partisan divides as the midterms near in November 2026, Hammond said, while others say they should be separated and get stablecoin legislation signed into law first. Work on a stablecoin bill is seen as less complicated than trying to regulate the industry as a whole.

Hill told reporters in March that he views the bills as "linked," and Steil said he viewed the two as peanut butter and jelly.

However, Trump's foray into crypto could complicate crypto legislative efforts. Hill was asked in March about the Trump family's involvement in crypto, which includes a DeFi protocol under development as well as live and tradable memecoins and NFTs. World Liberty Financial, backed by Trump, also recently launched its own stablecoin.

Hill had said that Trump's memecoin and stablecoin involvement has complicated their work.

During congressional hearings over the past several weeks, Democrats have raised alarm bells over Trump's involvement. Top Democrat of the House Financial Services Committee, Maxine Waters of California, accused Trump of making himself richer through his crypto ventures during a hearing last month.

"The more the Trump family gets involved in the crypto realm, and World Liberty Financial gets involved, it just presents another angle of attack for Democrats to attack Trump," Hammond said. "So there is a concern that this will only worsen over time and sour a potential good bipartisan vote in the Senate."

@ Newshounds News™
Source:  The Block

~~~~~~~~~

AUSTRALIAN ELECTION WILL BRING PRO-CRYPTO LAWS EITHER WAY

No matter who wins Saturday's election in Australia, crypto legislation developed with the industry is set to finally happen this year.

Despite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a mention during the campaign.

“I think it’s a missed opportunity,” Independent Reserve founder Adrian Przelozny told Cointelegraph. “Neither side has made crypto a headline issue because they’re wary of polarizing voters or sounding too niche.”

But the good news is that after more than a decade of inaction, both the ruling Australian Labor Party (ALP) and the opposition Liberal Party are promising to enact crypto regulations developed in consultation with the industry.

In April, Shadow Treasurer Angus Taylor promised to release draft crypto regulations within the first 100 days after taking office, while the Treasury itself has draft bills on “regulating digital asset platforms” and “payments system modernization” scheduled for release this quarter.

Amy-Rose Goodey, CEO of the Digital Economy Council of Australia, said that both parties “are equally invested in getting this draft legislation across the line.”

“Irrespective of who gets in, we’re in a better position than we were about a year ago.” Pro-crypto voters have choices in the Senate, too, with the Libertarian Party issuing a 23-page Bitcoin policy in March — calling for the creation of a national Bitcoin Reserve and the acceptance of Bitcoin as legal tender.

The minor party is fielding five Senate candidates in different states, including former Liberal MP Craig Kelly, but doesn’t currently have anyone in the Senate.

The progressive left-wing Greens party has not outlined a position on crypto, while the conservative right-wing One Nation party has campaigned against debanking and CBDCs.

More Than A Decade Of Inaction On Crypto

Australia’s first parliamentary inquiry into digital assets was held back in 2014, but there’s been more than a decade of regulatory inaction since. The industry says this has led to stagnation and a brain drain of talent to jurisdictions like Singapore and the UAE.

The former Liberal Government was considering the landmark Digital Services Act, based on the 2021 Senate Committee’s crypto recommendations, when it lost office in 2022. Despite ongoing consultations since, the ALP government, led by Prime Minister Anthony Albanese, hasn’t put forward any legislation to parliament.

But there has definitely been a vibe shift from the ALP recently, with Treasurer Jim Chalmers telling Cointelegraph that digital assets “represent big opportunities for our economy.”

”We want to seize these opportunities and encourage innovation at the same time as making sure Australians can use and invest in digital assets safely and securely with appropriate regulation.”

His office said exposure draft legislation would be released “in 2025” for consultation, introduced into Parliament “once that feedback has been considered” with the subsequent reforms “phased in over time to minimize disruptions to existing businesses.”

The shadow assistant treasurer, Luke Howarth, said the ALP has been slow to act because it didn’t have a blockchain policy when it was elected.

“It wasn’t until the FTX collapse that they acknowledged the need for regulation,” he told Cointelegraph. “The Albanese government initially promised it would put in place regulation by 2023 but have failed to draft legislation or give a clear time-frame for action. After three years, all that was offered to industry was a six-page placeholder document.”

He’s referring to Treasury’s March statement “on developing an innovative Australian digital asset industry.” It provides for the licensing of Digital Asset Platforms (DAPS), a framework for payment stablecoins and a review of Australia’s Enhanced Regulatory Sandbox.

While short on detail, those aims are broadly similar to the crypto regulation priorities that Howarth outlines to Cointelegraph — the big difference being that the opposition has committed to a faster time frame.

Przelozny praised the 100-day promise as “exactly the kind of urgency we need.”

If elected, the Liberal Party’s legislation is expected to take some of its cues from Senator Andrew Bragg’s private members bill in 2023 and some from the more recent work done by the Treasury.

The government steps up efforts

The Treasury has been quietly drafting legislation this year, which Goodey understands is “almost complete.”

“There’s been prioritization within Treasury, and I know that their team has almost doubled — the digital asset team — for writing that draft legislation. So, there has been an investment in that over the past six months.”

Przelozny characterizes the ALP’s approach as “cautious and methodical, but it’s been slow,” prioritizing consumer protection and risk management.

BTC Markets CEO Caroline Bowler said the election of a pro-crypto Trump administration and the UK’s draft regulations (released this week) likely forced both sides of politics to finally get serious.

”Australia has ground to make up, and I would anticipate this also being a factor in the savvy move by both parties,” she said.

Stand With Crypto campaign and ASIC

The Stand With Crypto campaign is active in Australia but has been fairly low-key during the campaign, with a focus on debanking.

Coinbase managing director for APAC John O’Loghlen called on whoever wins the election to launch a “Crypto-Asset Taskforce (CATF) within the first 100 days.” This would include industry and consumer representatives to finally get crypto regulations over the line.

“If Australia doesn’t move now, we risk falling even further behind,” he told Cointelegraph.

“The next government must move beyond consultation and into legislation.”

The Australian Securities and Investments Commission (ASIC) is the local equivalent of the US Securities Exchange Commission (SEC). It released its own crypto regulatory proposals in December.

Joy Lam, Binance’s head of global regulatory and APAC legal, told Cointelegraph she doesn’t expect ASIC to suddenly change direction if a new government comes in, as the SEC did.

“ASIC doesn’t make the law,” she said. “I don’t expect a complete kind of 180 because ASIC, it is independent, and it does have its own mandate, but it obviously operates within the legislative framework that the government is going to be setting.”

Who should single-issue crypto voters back?

In February, a poll by YouGov and Swyftx found that 59% of crypto users would vote for a pro-crypto candidate in the federal election above all other issues. That equates to around 2 million Australians and would be enough to determine the outcome of the election one way.

But the similarities between the major parties on crypto regulation are much greater than the differences. Goodey said both sides of politics have genuinely engaged with the industry about its concerns and priorities.

“You can see in some of the language with their media releases that they both released in March, April this year, that they are in agreement on what the industry issues are,” she said.

Owing to Senator Bragg’s campaigning on crypto, the industry sees the Liberal Party as more enthusiastic about digital assets, but after three years in government, the ALP looks to have arrived at roughly the same place.

Recent YouGov and Resolve polls suggest the government is likely to be reelected.

While internal Liberal polling suggests an ALP minority government is a genuine possibility, the major parties would have enough votes between them to pass bipartisan crypto legislation.

Whatever happens, 2025 looks like the year Australia will finally provide the crypto industry with the certainty it needs.

“For industry, the timing is really quite critical now because obviously it’s something that has been discussed and kicked around for quite a few years,” Lam said.

“I would say that we are cautiously optimistic.”

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

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BREAKING: Vietnam China Russia Loas Cambodia Vietnam's End of War Celebration w/U.S.

BREAKING: Vietnam China Russia Loas Cambodia Vietnam's End of War Celebration w/U.S.

Edu Matrix:  5-1-2025

BREAKING: Vietnam, China, Russia, Laos, Cambodia in Vietnam's End of War Celebration with U.S. VND Rate - It’s been 50 years since the Vietnam War ended, and Vietnam is commemorating this historic milestone with massive celebrations in Ho Chi Minh City.

This video takes a closer look at the country’s evolution since the war, from reunification to rapid economic reform, and what it means for today’s VND (Vietnamese đồng) investors.

 Explore how the VND has depreciated from under 1 per USD in 1983 to over 23,000 in 2023, and what experts say about its outlook in 2025.

 With analysts forecasting a potential slide to 26,000 VND per USD, many still see opportunity in holding the VND, especially as Vietnam attracts major foreign manufacturers fleeing China.

https://www.youtube.com/watch?v=5fYMjf67S4E

Welcome To The Unknown Zone By Dr. Dinar

From Recaps Archives:  Well- here's to all of us who are frustrated, depressed and wondering if we are all idiots for believing in the RV/GCR........Maybe a little humor will help today . 

Welcome To The Unknown Zone  By Dr. Dinar

How on Earth can we still be here? And by "here", I mean on this journey. This journey to a place no one has ever been. To a destination that doesn't exist on any map. At least not on a map that we can purchase. Certainly not at our pay grade anyway.

Nope. Whatever is (or isn't) going on here, either in front of or behind the scenes, is rated GCRCO (Global Currency Reset Committee Only). Yep, like it or not, the GCR Committee has cranked up the Parental Controls to full on "No Peeking - No Speaking" mode.

Strictly a "need to know" basis and apparently, there must be a bit of confusion because for some strange reason, they're under the impression we don't need to know. Oh, if they only knew how wrong they are, I just know they'd change their minds. Well, I'd like to think so anyway.

As we eek into the supposed final stretch of this far too long, get rich not all that quickly, not quite overnight journey, all of the so-called "Sources" have basically clammed up. Shut down, zipped their lips, gone the way of the NDA and I must admit; the silence is deafening. And if left unchecked, a bit disheartening as well.

Sure, we continue to hear that everything's done, the Bank's are on RED alert, security is in place and this thing could pop at any minute. One minute it won't be; and the next minute, it will be.

That "suddenly", without notice, all of a sudden everything will change. That those of us fortunate enough to be aware of the GCR/RV opportunity will go from the "have not's" to the "have plenty's". But just how often can we continue to hear that same ol' stuff and still believe it.

Have we all been duped? Including the Banks! They've been hearing it for years, just like we have. At some point even those of us with the strongest of foundations wouldn't be frowned upon for at some point questioning our own thoughts. Our own beliefs. Our own foundations.

Yes, we did our due diligence, our own research. Otherwise why on Earth would we still be involved. But that alone can only be relied on for so long.

When I first jumped on board, even though we didn't know it at the time, things were oh so much easier. And by easier, I mean there were quite a few less "thing's" we had to keep our eyes on.

Back then the name of the game was RV. Simple as that. The RV of the IQD. All RV... all Iraq... all the time. That was it. Even the VND was just a faint rumor at best. Nothing worth paying any attention to.

All they had to do was oust Maliki, keep Sadr from following through on his dastardly deeds, let Shabibi take the reins, release them from the "Program" rate, pop their "deenar" up to the new rate and BOOM, we were done. Pretty simple, huh?

And when we saw the first hint of the sanctions against Iraq being lifted late in 2010, we just knew we were there. Next thing would be the removal of Iraq from the OFAC List. Add them to the WTO. Presto change-o, post it in the Gazette, declare their new fangled currency Internationally tradeable and we were done. On the bus and off to the Bank we would go.

But hang on there Dinarland, not so fast. Best to keep your hands, feet, as well as your camel in the corral. At least until this ride comes to a complete stop. Turns out there were still a couple more steps to complete before we reached the Station.

That was confirmed at the end of June, 2011, when all of Shabibi's promises went down the drain and we all hunkered down in the knowing that this thing was likely to drag out just a bit further.

Sure, we'd heard rumors of another train runnin' down the tracks. Luckily it was a different train, on a different set of tracks. Something called The Marshall Plan. But no worries. Once again, just another rumor. A rumor that we were assured wouldn't affect us. Stay focused, it's nothing we need to pay attention to.

After all, rumors were our bread and butter. We lived on 'em... we thrived on 'em. We'd already heard plenty of stuff from the "Sandbox" and all the Contractors in the "Green Zone" getting paid the "RV Rate", so we were quite accustomed to rumors never panning out. Good or bad.

Still we were told to fold our trays and return our seats to an upright position because we'd be landing very soon. And although the plane was continually circling, it was bound to land at some point in the very near future.

I mean a plane's fuel tank is only so large, so logically it can only remain in the air for so long. Problem is they somehow forgot to mention the plane was continually being refueled by a Tanker circling very nearby.

The rumors of another set of tracks began to increase, getting louder with every "Chug" of the train. Those "tracks", although they were initially running parallel to our track to prosperity, to paying it forward, to living the lives we all dreamed of, surely would never affect our track to the RV. Or would they.

Unfortunately we can all see now just how that original "plan" worked out. It didn't. And it was at that point that most of us began to pay more attention to all those GCR rumors and to the impact they could possibly have on us reaching our goal of a simple RV of the IQD any time soon. Maybe there was more to this thing after all.

While some of us might have originally taken this leap of faith, risking our entire everything, our future's, our relationships with family and friends, even our own sanity by jumping on board the Insane Train, with little to not a whole lot of prior research, that would be completely understandable.

After all, I would have to believe that when many of us first became aware of this here RV thing, we only had two weeks before it was going to "pop" and it could take a week or more just to receive our currency. So it was kind of a now or never, believe or don't believe, get in at your own risk kind of thing.

And so we jumped in, phone's always on, alarm clocks set for two weeks, readier than ready. But as the months and weeks continued to tick by, we began to do more and more of our own due diligence. Anything to prove, even if only to ourselves, that this thing was indeed real. And was really going to happen.

I dug deep and when I began to discover names like Haliburton being granted huge contracts, Citibank being offered the first Bank Charter, China signing contracts to build thousands of homes, and a huge laundry list of "biggies" all chomping at the bit to get a piece of Iraq, for reasons both known and unknown, I was convinced that this thing was real.

If "they" were so eager to pay to play, I knew I really wanted to be a part of it as well. Never having to look back and wonder "What if?"

As time went by I also began to realize that although the original intention of this whole RV deal was indeed a "behind the scenes", get rich quick scheme for the "Big Boys Club" as it were, that wasn't going to stop me from wanting a piece of the pie as well. In fact, it only added to my motivation.

Upon seeing that their plan wasn't working out as they'd hoped, yet they weren't in any hurry to "cash out" and walk away, further convinced me to stay. Oh no, they were in it for the long haul. Therefore, so was I. Right to the bitter end. As long as I still held one note, I'd be in it to win it.

If at some point I came to the realization that I no longer believed in what I've spent the past "far too long" believing in, then chances are very good I'd already be hanging out with Elvis, outside some random building somewhere East of the Las Vegas Strip wondering how I could've been so wrong. Questioning every thought I ever had pertaining to the validity of this RV/GCR thing.

But I'm not hangin' with The King. Not yet anyway. Nope, I'm still right here, right now. And hopefully I'll continue to be until I reach the finish line. Wherever and whenever that may be.

Okay, so yes, maybe the Banks have been told to be ready so they don't have to get ready to be ready for going on, I don't even know how many years now. So long in fact that I've basically lost count, which is a good thing.

And while I'd like to think that's all part of their "Boy who cried wolf until he was old enough to be put into an Assisted Living facility" Plan, chances are there was no plan after all and they are simply "wingin' it", making up the rules as they go along. Up against something so huge that there is absolutely no way to put a "date" on this moving target. And it has nothing to do with us whatsoever.

And while they might have timelines, deadlines, and "windows", not a one of them are cast in stone. Therefore they can all be stepped over, crossed and broken as needed. I have the distinct feeling they flip their own script quite often.

Either way, I don't think we're ever going to know for sure. In the old days I wanted nothing more than to know (after the fact) what was truly going on behind the scenes this entire time. When we thought they were "zigging", were they actually "zagging", and were they ever truly in control of the situation or was it just uncontrolled chaos at its finest.

Mellowing with wisdom gained through time and research, at this point I'm much more content to leave the unknown alone, looking forward to the future as opposed to deciphering the past. Any thoughts of Dinarland and this journey will happily be left in my rear view mirror. And might I add, not a minute too soon.

I'm more than anxious to be done and movin' on, getting my new life in gear. I have quite a bit of paying it forward I'd like to accomplish and there's no time like the present to get started.

They always said it would get crazy near the end. Well, the crazy part has been going on for over a decade, so I'm not too sure about when the crazy part actually started. Or when it will officially end.

They also mentioned that as we got closer, everything would go quiet. Not a peep, not a sound. I'm not so sure they thought that "sound of silence" would be NDA induced but whatever. I tend to believe that's our current stage.

It seems as if lips are zipped and not a word can be heard from in front of, nor from behind the scenes. Which, when you think about it, as agonizing as it may be, makes total cents. Ooops, I mean sense.

So, if at all possible, please do your best to enjoy the silence. I know it's not easy but relish the unknown. The middle ground between the not yet and the RV/GCR, between back screens and Teller screens, between the pit of rumors and the summit of fruition.

This is the dimension of imagination, the place we've dreamed of reaching for far too long. The time when all of our thoughts, our beliefs, our faith in our own due diligence will truly be tested like never before. It is an area which I affectionately call, The Unknown Zone.

All my best,

Dr. Dinar

Disclaimer; I'm not a Wealth Manager, Financial Advisor, CPA, Tax Attorney, RV/GCR Committee member, nor am I a time traveler from the Twilight Zone. I'm simply someone that chooses to believe in the power of positive thinking and on the odd chance this thing truly is real, I want to make sure I'm there at the finish line to enjoy it.

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 5-1-25

Good Afternoon Dinar Recaps,

US BLOCKCHAIN FIRMS URGE SEC TO CLARIFY CRYPTO STAKING RULES

The Council warns that overly strict staking rules could stymie innovation and impede market growth.

A coalition of US blockchain firms has urged the Securities and Exchange Commission (SEC) to provide clear regulatory guidance on crypto staking.

The coalition, led by the Crypto Council for Innovation, requested in an April 30 open letter that the agency treat staking with the same clarity it recently applied to proof-of-work mining.

Staked tokens are not a security

The Council argued that staking is a core technical process for maintaining blockchain networks, not an investment contract.

It stated:

“The benefits of staking to a PoS network and its participants are clear: base layer actors are incentivized to contribute to the security of the network, minimize the risk of manipulative activity, ensure data integrity, and bolster community trust in the network.”

It stressed that staking allows users to validate transactions, secure the network, and help produce new blocks. In return, participants receive token-based rewards. These rewards are determined by each network’s protocol, not by a centralized authority or profit-sharing agreement.

The Council also pointed to the SEC Division of Corporation Finance’s March 2025 statement on PoW mining. In that statement, the SEC clarified that mining on decentralized networks is not a securities transaction.

The Council asserted that this reasoning should also apply to staking, as miners and stakers engage in administrative functions to support blockchain infrastructure and receive protocol-defined rewards.

Meanwhile, the letter acknowledged that some risks exist, such as the possibility of slashing, where stakers lose tokens for violating protocol rules.

However, it noted that slashing is uncommon and not a defining feature of staking’s economic model. Therefore, the Council maintains that staking should not be classified under securities laws.

Why is clarity needed?

The Crypto Council believes that formal guidance from the SEC would benefit many stakeholders, including developers, service providers, and end-users.

They argued that such clarity would remove uncertainties for platforms that offer staking, especially those connected to crypto exchange-traded funds (ETFs).

The Council further stressed that regulatory clarity would help the US stay competitive with other global jurisdictions, which are moving faster to support innovation in the digital asset space.

However, they cautioned against overly rigid rules that could limit innovation or reinforce outdated market practices.

@ Newshounds News™
Read more:  CryptoSlate

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BRICS DRIVING A NEW US DOLLAR DOWN CYCLE OR PUSHING IT TO COLLAPSE?

The United States’ global relations have been at the forefront of geopolitical affairs throughout this month. Amid an influx of America-first trade policies, several global collectives have warned over the protectionist approach. Now, the BRICS bloc is positioning itself, alongside US policy, to either drive a new dollar down cycle or push the currency closer to collapse.

At the start of his return to the White House, US President Donald Trump had assured the importance of the greenback’s global status. Indeed, he said that the dollar’s loss of status as a global reserve currency would be akin to “losing a war.” Now, his administration is being confronted with a weakening currency and an influx of global policies to help facilitate its struggle.

US Dollar in Concerning Predicament as BRICS & United States Policy Drive It Down

Just one week ago, Goldman Sachs gave a gloomy prediction for the future of the US dollar. Indeed, the bank aligned with the prevailing belief that the global reserve asset could be on its way toward a concerning position. Not only has it faced pressure from growing de-dollarization efforts, but it has now felt the ire of nations challenged by US tariff plans.

That has provided a key question for both the Western nation and its global south opposition. Is BRICS driving the US dollar to a notable down cycle or pushing it closer to collapse? The economic alliance has, for the last several years, remained at the forefront of alternative currency promotion and development. That could only fast-track this year.

The US dollar DXY Index has recently fallen to a three-year low. Moreover, the greenback has struggled amid a concerning first 100 days for US President Trump. Additionally, a report from The Hill notes that “foreign investors appear to be reappraising the role of US Treasury securities as a global haven asset” amid the administration’s actions in recent months.

So What’s Next?

With US fiscal net interest payments on its debt reaching $949 billion and surpassing its defense spending, there is even more reason to worry. Historian Barry Eichenberg told the publication that Trump “should be promoting financial stability, limiting the use of tariffs, and strengthening America’s geopolitical alliances.”

That has not taken place. In fact, the opposite has. Subsequently, there is reason to believe the BRICS bloc is playing a key role in helping the US decimate the value of its dollar. Since 2024, it has sought to limit its exposure to the currency. A key reason has been its weaponization.

Moreover, it shifted its attention to gold. Indeed, many nations in the alliance have ramped up their purchasing of the metal with eye on a continued de-dollarization approach. With gold surging, there should be a reason for the United States to emphasize a shift in philosophy. That is, before a US dollar downcycle becomes a full-blown collapse.

@ Newshounds News™
Source:  Watcher Guru

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