“Tidbits From TNT” Saturday 5-3-2025

TNT:

Tishwash:  Iraq seeks to strengthen long-term economic partnership with Brazil

On Thursday, Minister of Commerce Athir Al-Ghurairi discussed ways to strengthen the economic and trade partnership with Brazil, signing a contract with his Brazilian counterpart, Geraldo Alckmin, during his visit to the country.

Al-Ghariri said in a statement received by Al-Akhbari: "The government is keen to expand cooperation with Brazil and strengthen economic partnerships with them."

He added that "the possibility of supplying the Brazilian side with shipments of Iraqi oil was discussed, within the framework of bilateral cooperation and meeting the Brazilian market's energy needs," stressing "the importance of building a long-term strategic partnership based on shared interests and mutual opportunities."

The Minister of Trade affirmed "Iraq's readiness to provide all possible facilities to Brazilian investors," calling for "the organization of a comprehensive exhibition of Brazilian industries in Baghdad to serve as a platform for promoting Brazilian products and expanding the base of trade and investment cooperation."

He pointed out that "there are significant opportunities, supported by sovereign guarantees provided by the Iraqi government to Brazilian companies, to encourage real partnerships with the Iraqi private sector."  link

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Tishwash:  A representative reveals the reason for the government's withdrawal of tax funds: The US Federal Reserve has stopped transferring funds to Iraq.

Iraqi parliament member Dr. Raed Hamdan al-Maliki described the United States' control over the transfer of Iraqi oil export revenues as "the greatest violation of the country's sovereignty," calling on the Iraqi government to tell the truth to the people.

In a tweet on his official X (formerly Twitter) account, followed by Iraq Observer, Maliki said that the government's withdrawal of tax funds and their use to cover operating expenses was due to the US Federal Reserve's suspension of oil revenue transfers.

He added, "It appears that the government's reason for withdrawing tax trust funds and using them to cover operating expenses is due to the US Federal Reserve's suspension of the transfer," referring to US measures restricting the movement of Iraqi funds held in international bank accounts.

Al-Maliki called for an end to this situation, saying, “This matter must end, and the government must tell the people the truth.”

The Council of Ministers had previously, in an official decision, authorized the Minister of Finance to withdraw tax deposits less than five years old to finance and pay salaries for April and subsequent months.  

The Ministry of Finance is scheduled to deposit the amount later, as needed, for the state's total. Cash settlements will be made monthly upon request by reversing the deposit amount from the actual monthly revenues collected when conducting tax accounting, according to the decision. link

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Tishwash:  Your deposits are safe: Iraq clarifies bank withdrawals

Iraq’s Finance Ministry dismissed allegations that recent withdrawals from state-owned banks involved citizen deposits, stressing that the transactions used sovereign funds and were carried out in line with federal budgetary procedures.

The ministry clarified in a statement that the funds withdrawn from Al-Rafidain and Al-Rasheed banks were held temporarily for “operational purposes” and reallocated according to administrative and financial instructions tied to the national budget.

The statement followed accusations by several lawmakers, local media outlets, and social media figures alleging that the government had accessed trillions of dinars from public deposits to address fiscal pressures. Some critics drew parallels to foreign banking collapses, prompting concerns over Iraq’s financial stability.

“These funds are not linked to individual accounts or depositors’ savings,” the ministry stated, rejecting the comparisons as “inaccurate and misleading.” It emphasized that Iraq’s banking sector operates under a distinct legal framework and is regulated by the Central Bank, which enforces strict compliance and governance measures.

Officials reported that Al-Rafidain and Al-Rasheed remain financially stable, continuing to disburse salaries, finance public projects, and fulfill obligations to clients. Al-Rafidain Bank holds approximately 9 trillion Iraqi dinars ($6.9B) in legal reserves with the Central Bank.

A document dated April 24 confirmed Al-Rafidain held 4.277 trillion dinars ($3.3B) in unused reserves and 4.263 trillion ($3.25B) in used reserves—totaling over 8.54 trillion dinars ($6.52B)—all of which remain intact, according to the ministry.

Addressing earlier embezzlement incidents, the ministry attributed those cases to prolonged dormancy in escrow accounts, which had been exploited by corrupt networks, noting that new oversight procedures had been introduced in coordination with state banks to strengthen controls and mitigate risks.

The ministry warned that continued dissemination of false claims could damage public confidence and distort perceptions of recent economic progress, highlighting that Iraq’s fiscal reforms and improved transparency had received praise from international institutions, contributing to better credit ratings and increased investor engagement.

Reaffirming its economic policy direction, the ministry called on media professionals and social media users to verify claims and act responsibly. “All official data remains accessible for professional and public review through the ministry and banking channels.”  link

Mot:  The History of Cinco de Mayo......... ((( What YOu Didnt Learn in History Class ))) .

Did you know that back in 1912, Hellmann's Mayonnaise was manufactured in England. In fact, the Titanic was carrying 12,000 bottles of the condiment scheduled for delivery in Vera Cruz, Mexico, which was the next port of call for the great ship after its stop in New York. This would have been the largest shipment of mayonnaise ever delivered to Mexico.

The ship hit an iceberg and sank.

The people of Mexico, who were crazy about mayonnaise, and were eagerly awaiting its delivery, were disconsolate at the loss. Their anguish was so great they declared a National Day of Mourning.

The National Day of mourning occurs each year on May 5th and is known, of course, as - SINKO DE MAYO.

WHAT??? You expected something educational from me?

You need a shot of Tequila!

Iraq Economic News And Points To Ponder Friday Morning 5-3-25

Prime Minister's Advisor: Tax Deposits Are Part Of The Budget And Are Dependent On Government Spending.

Economy | 10:56 - 02/05/2025   Mawazine News - Baghdad:  The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed today, Friday, that tax deposits are part of the budget that can be relied upon to adjust government spending, while specifying the financial scope for government spending from tax deposits.

Salih stated that "the world is living in a state of anticipation for fear of entering a phase of economic contraction, and then a great economic depression. This phase takes six months during which growth and unemployment levels in the global economy are monitored."

He pointed out that "Iraq is an important part of the world's energy system, as a 1% decline in the global GDP will undoubtedly lead to a half-percent decline in oil demand, leading to a supply glut, which requires a cautious policy from OPEC+ to help the group's countries protect their financial budgets for 2025 and the beginnings of the next fiscal year, 2026."

He added, "There is a precise technical hedge to confront the oil asset cycle, which the legislator assumed when approving the three-year federal general budget (Law No. 13 of 2023, as amended), by adopting a conservative oil price of $70 per barrel of exported oil, with an export rate of 3.4 million barrels of oil per day.

" He explained that "this hedge is in two directions: the first is spending with a comfortable budget, but at the minimum possible limit of 160 trillion dinars annually instead of 200 trillion dinars annually, and the second direction: spending at the maximum limit while hedging with a maximum annual deficit of 64 trillion dinars."

Saleh continued, "In the 2024 budget, spending was within the comfortable minimum of 156 trillion dinars, with an average oil price of around $75 per barrel. This spending covered the entire operating budget, including salaries, wages, pensions, social care, and support, in addition to spending on more than 8,000 suspended government investment and service projects.

" He pointed out that "government borrowing, most of which is from domestic borrowing sources, recorded a financing indicator in the budget deficit of 7.6% of GDP, compared to 1.3% in 2023."

He pointed out that "if oil prices fall to an annual average of $60, which is the maximum possibility in the 2025 budget, there are two options: either spending around 130 trillion dinars and keeping the deficit financing ratio to GDP the same as in 2024, or spending up to a ceiling of 156 trillion dinars and accepting actual borrowing in bonds that rises to 9% of GDP in order to secure salaries, wages, pensions, social care, support and spending on service projects without interruption, taking into account the drop in oil prices and the contraction in GDP growth in a double manner." https://www.mawazin.net/Details.aspx?jimare=261077

Revealing The Progress Rates Achieved In The Grand Faw Port

Money and Business  Economy News – Baghdad  The Ministry of Transport revealed on Friday the latest developments in the Strategic Development Road project, confirming its commitment to the set timetables. It also announced the progress achieved at the Grand Faw Port.

Ministry of Transport spokesperson, Maitham Al-Safi, said, "Work is currently underway to complete the preliminary designs, in preparation for moving to the detailed design phase, in cooperation with specialized consulting firms such as the Italian company (Betti B) for the engineering aspect, and the Oliver Wyman company for financial consulting," stressing their "commitment to the specified timetables."

He pointed out that "the Faw Port project, which is the largest component of the development road project, is witnessing remarkable progress, as five berths have been received, and the completion rate of the navigation channel has reached approximately 85%, while the line linking Faw Port and Umm Qasr City has reached 99%, and this line is scheduled to open and be received next May, and the completion rate of the container yard has reached approximately 90%."

He continued: "Regarding the submerged tunnel in the Khor Al Zubair Canal, the third piece out of ten pieces has been registered, adhering to the timelines," noting: "This tunnel is a unique engineering project in the Middle East."

Al-Safi explained that "other components of the development road project include land and rail transport lines," stressing that "the end of this year will witness the completion of the detailed designs, after which the project will be offered to international companies for implementation." He noted that "the project will be divided into several sections to allow the largest possible number of companies to compete."

He pointed out that "local committees have been formed in the governorates to assist in implementing the development road project. The most recent meeting was with Baghdad Governorate, which will be covered by the project over a distance of 23 kilometers. This region will have the opportunity to benefit from the project."

He added, "The largest industrial city will be built in the port of Faw, along with a tourist resort, a petrochemical plant, and water desalination plants. On both sides of the road, several factories and laboratories will be established to address a number of important issues, in line with the infrastructure needs, as well as the raw materials required for these governorates."

He stressed that "the government has set coordinates for 15 industrial cities that will be linked to the development road project, in addition to a comprehensive plan to connect other governorates not directly covered by the road via internal lines."

Al-Safi added, "As planned, the project includes 27 volumes covering all issues that would achieve local and global economic integration, as the project aims to connect East and West." https://economy-news.net/content.php?id=55039

Oil Prices Fall To Around $62 A Barrel Ahead Of OPEC Meeting

economy | 09:20 - 02/05/2025   Mawazine News - Follow-up:  Oil prices witnessed sharp fluctuations at the end of the week, as traders balanced the possibility of increased supplies from the OPEC+ alliance against the risks of the trade war on demand.

Brent crude fell to $62 a barrel, heading for a weekly loss of more than 7%, while West Texas Intermediate crude stabilized near $59.

The Saudi-led alliance is scheduled to meet next Monday to set supply policy for June, following a report that indicated the possibility of agreeing to a new production increase. https://www.mawazin.net/Details.aspx?jimare=261072

Prime Minister: Iraq Will Not Only Host The Arab Summit, But Will Also Provide Solutions To Various Crises

Friday, May 2, 2025 10:49 | PoliticsNumber of reads: 392  Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed on Friday that Iraq will not only host the Arab Summit, but will also provide solutions to various crises.

The Prime Minister said in a television interview, according to the official agency: "Iraq will not only host the Arab Summit, but will also be an initiator, providing solutions to the various crises and challenges facing the region.

The presence of the Syrian President at the summit is important, regardless of the political process and the method of change, in order to clarify to the Arab countries a vision for the new Syria," noting that "most Arab countries are keen for Syria to overcome its decades-long ordeal, and we will spare no effort in supporting Syria and respecting its choices."

He added: "We have distinguished relations with Iran and the United States, and the dialogue between them is an important step.

The success of the negotiations between Iran and the United States will not only reflect on the countries of the region, but also on Iraq, which has faced challenges due to the tense relationship between the two countries.

" He pointed out that "we have a successful experience in the security file between Iraq and the United States in leading the international coalition to confront ISIS, and it is hoped that the third round between Iraq and the United States will be in Baghdad to mature a joint security working formula."

He pointed out that "the Palestinian issue will remain the root of the problem in the Middle East, and it is time for a radical solution to it," stressing that "Iraq cannot be subordinate to any country. Iraq is a meeting point, not an arena for conflict. The democratic model in Iraq is unique, with freedom, a constitution, and a peaceful transfer of power. Iraq is experiencing its best situation since the founding of the modern state, as the previous regime executed my father and five members of my family during the Iran-Iraq war."

Al-Sudani explained that “Iraq imported cars from America worth 4.5 billion during 2024, and the volume of investments inside Iraq amounted to more than 88 billion dollars, while Iraq ranks first in the world in sulfur reserves, and second in the world in phosphate,” noting that “our projects are continuing in the field of completing the infrastructure, and we have started talking with all friendly and sisterly countries to recover the smuggled funds.” https://ninanews.com/Website/News/Details?Key=1224212

Gold Suffers Weekly Losses Of More Than 2%

Economy | 10:41 - 02/05/2025  Wazin News - Baghdad - Gold prices rose on Friday, but were on track for their worst weekly performance in more than two months amid easing trade tensions, as safe-haven demand dwindled.

Spot gold rose 0.3% to $3,252.02 per ounce, while US gold futures rose 1.2% to $3,261.00.
The yellow metal has fallen more than 2% since the beginning of the week, its biggest weekly decline since late February.

Investors in global markets are awaiting the release of the US non-farm payrolls report later in the day for further clues on the direction of the US Federal Reserve's monetary policy.

Among other precious metals, silver rose 0.2% to $32.47 per ounce, platinum rose 0.8% to $966.08, and palladium rose 0.3% to $943.50.  https://www.mawazin.net/Details.aspx?jimare=261076

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

Seeds of Wisdom RV and Economic Updates Saturday Morning 5-3-25

Good Morning Dinar Recaps,

ARIZONA GOVERNOR VETOES BILL TO MAKE BITCOIN PART OF STATE RESERVES

Arizona’s plan to invest in Bitcoin has ended in a veto, with Governor Katie Hobbs citing concerns over using public funds for "untested assets."

Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, effectively ending efforts to make Arizona the first US state to adopt such a policy.

The Digital Assets Strategic Reserve bill, which would have permitted Arizona to invest seized funds into Bitcoin and create a reserve managed by state officials, was formally struck down on Friday, according to an update on the Arizona State Legislature’s website.

“Today, I vetoed Senate Bill 1025. The Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments,” Hobbs wrote in a statement aimed at Warren Petersen, the President of the Arizona Senate.

“Arizonans’ retirement funds are not the place for the state to try untested investments like virtual currency,” she added.

On April 28, the bill passed a final vote in the state House when 31 members of the Arizona House voted in favor of the bill, with 25 opposing.

Hobbs had previously stated she would veto any legislation not tied to a bipartisan agreement on disability funding.

Another Bitcoin awaits final vote

A companion bill, SB1373, which would authorize the state treasurer to allocate up to 10% of Arizona’s rainy-day fund into digital assets like Bitcoin, has not yet reached a final vote.

Arizona joins several other states where similar efforts have failed. In recent months, similar proposals in Oklahoma, Montana, South Dakota and Wyoming have stalled or been withdrawn.

In contrast, North Carolina’s House passed the Digital Assets Investment Act on April 30, allowing the state treasurer to invest up to 5% of certain funds in approved cryptocurrencies. The bill has now been moved to the state Senate for consideration.

The state-level efforts to create Bitcoin reserves come amid a push from US President Donald Trump and Republican lawmakers to do the same in the federal government.

Trump signed an executive order in March with a proposal for a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.”

@ Newshounds News™
Source:  CoinTelegraph

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UK REGULATOR PROPOSES BAN ON BUYING CRYPTO WITH CREDIT CARDS

The UK's financial regulator is considering a ban on buying crypto with credit, and also mulling outlawing crypto lending and borrowing platforms.

▪️The UK's Financial Conduct Authority has proposed banning the use of credit to purchase crypto assets.

▪️The regulator is accepting comments on the rule from the public until June 13.

Britain’s top financial regulator has proposed banning the purchase of cryptocurrency with any sort of borrowed funds, including credit cards.

A new discussion paper from the UK’s Financial Conduct Authority floated a plan this week to outlaw crypto firms from allowing British customers to buy crypto assets with a credit card. The proposed rule would also ban the purchase of crypto with any other form of credit, including loans and digital currency credit lines.

The move appears largely driven by the regulator’s concern that UK adults are going into debt to buy crypto, a “risky” practice, given the inherent volatility of digital assets.

Britain’s top financial regulator has proposed banning the purchase of cryptocurrency with any sort of borrowed funds, including credit cards.

A new discussion paper from the UK’s Financial Conduct Authority floated a plan this week to outlaw crypto firms from allowing British customers to buy crypto assets with a credit card. The proposed rule would also ban the purchase of crypto with any other form of credit, including loans and digital currency credit lines.

The move appears largely driven by the regulator’s concern that UK adults are going into debt to buy crypto, a “risky” practice, given the inherent volatility of digital assets.

We are concerned that consumers buying crypto assets with credit may take on unsustainable debt, particularly if the value of their crypto asset drops and they were relying on its value to repay,” the FCA said.

A YouGov survey recently commissioned by the Authority found that 14% of UK crypto users reported using credit to buy digital assets in August 2024. That figure marked a 133% uptick from two years prior.

The proposal, if passed, would not necessarily impact all crypto assets, however. The FCA said that stablecoins authorized by its regulatory regime would likely be exempt from the credit ban.

@ Newshounds News™
Source:  Decrypt

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Thank you Dinar Recaps

MilitiaMan & Crew Iraqi Dinar News-Investment-Energy-Global Institutions-Companies: Siemens-BP-UST-US Fed-IMF-WB

MilitiaMan & Crew Iraqi Dinar News-Investment-Energy-Global Institutions-Companies: Siemens-BP-UST-US Fed-IMF-WB

5-2-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=0fhEtkKl6ig

Bruce’s Big Call Dinar Intel Thursday Night 5-1-25

Bruce’s Big Call Dinar Intel Thursday Night 5-1-25  

Transcribed By WiserNow Emailed To Recaps

Welcome, everybody to the big call tonight. It's Thursday, May 1st and you're listening to the big call, happy May 1, May Day. That's right, Mayday. Happy, May Day to everyone all over the globe, wherever you're listening. Thank you for tuning in. We're gonna have a wonderful call tonight. I'm looking forward to it, as we always do,

All right, let's go into where we are in the Intel  - I was going to mention something else about well, let me just get into it, and I hope I can remember, but Sue read, as far as a what was really a prayer request was about the idea of the woman had lost her email, we thought, and maybe wasn't sure how she would be notified by email with the 800 numbers, etc.

Let's go over that    Now, when you bought your currency, if you went through a currency dealer or even one of the online vendors of currencies, you had, in most cases, give your name, your email and a ship to address, so they have all that they've captured that they've got emails, from what we understand from all the Zim holders, except, unless you're gifted zim, they may or may not know that you have it. I'm going to bet that they do, maybe in 50% of the cases, if you're gifted zim, they don't know about it. So what I think, for Delseene, you're curious as to how you get notified.

 My point is those emails from all of the vendors, the currency dealers, etc, were forwarded to Wells Fargo, well through the Treasury to Wells Fargo and so Wells Fargo built out an email list where they would send their email notification with the toll free number, which we assume is an 800 number to go out to everybody that they have an email for.

Well, what if they don't have your email, or what if your email changed, or we bought the currency mine sure did - Well, that's where we're here to pick up slack. They asked us on the big call to collect emails from people that want to get the 800 numbers sent out to them.

So we have that when you sign up and register your email on big call universe . You are in the system, you will get an email with the toll free number once we have it. We're also going to put the toll free number on the landing page of big call universe.com when we get it, and Bob will either have it done by Raleigh or someone, and put it out there so it's visible on our landing page of big call universe.com, so those are two ways that you're going to receive it.

 I'm not sure if they I know they wanted me to put it out on the call, but since I don't have it tonight and our next call is not till Tuesday, we may not obviously be able to put it out, other than on the website, out in an email to you, which we will surely do if it goes between now and Tuesday, and I'll just put in the email so so they'll see basically, we'll pick you up if you don't get an email from them, or if I if I understood you right, and Sue. If you're there, you'd tell me, did you lose your wallet and your ID, your photo ID and all that stuff. Did you? Yeah?

Okay, that's Yes. May I also Yeah, just I'm not going to be able people cannot send integrated minds how to get in touch with you, or no questions about this to integrated minds. I just have to make that really clear, because we won't be answering them. That's right, that's right. I just hit the dead, dead letter file.

So now you do need a photo ID, which would be a driver's license or student ID, or government issued ID, or obviously a passport, and there's a new passport card that you can get also that I'm just barely familiar with, but it has an ID picture on it as well.

They want to see that, and they want to know that you have a physical address. They have all of that for most of us, but at the same time, you need to consider you might even need this, but bring a utility bill if you have it that will show that you have a physical address, a place where you live. Utility bill could be natural gas bill could be an electric bill. You can use your cell phone bill any of those three. I might take one or two of those, but they pretty much know who we are.

 It's just that photo ID allows them to say, yeah, that's, that's who you are. We've got you and the KYC to know your customer part of exchange in the very beginning, probably won't take very long at all for them to identify you as you  -- so don't worry about that, but try to get a photo ID. Even if you have to get a replacement driver's license or whatever you had, they'll see have that ready to go.

Let's see, does that answer your question? I think it did. Yeah, okay, yeah. And let's see what else. Let's keep going. Thank you, Sue. Let's keep going with where we are. We have see where are we going to go with this next Okay, there were two major announcements or things that needed to happen by yesterday that did happen, and what those are or were are, one was the

Thank you, Sue. Let's keep going with where we are. We have see where are we going to go with this next Okay, there were two announcements or things that needed to happen by yesterday that did happen, and what those are or were are, one was the thing with Iran, they were trying to come up with creating the type of fuel that could be used in the nuclear device.

They had an above ground destination, and they had a below ground, about 60 feet below ground, and maybe a third one  --  Well, we took those out a few days ago. Might have used the rod of God with one that was 60 feet underground. The particulars. All I know is that that taking out of those installations prompted Iran to say, Okay, you won't fund any more terrorist activity against Israel through Hamas, Israel, etc.

And that was, was the foundation for a peace agreement in the middle east  and that in principle, within place, in principle, I don't know if all the t’s have been crossed and I's been dotted yet, but that was one thing that we were looking for yesterday, and we did get evidence that it had occurred.

The other thing was the agreement that President Trump made with with Zelensky from the Ukraine to begin to look into mining, precious metals, gems, and I think also oil and gas in the Ukraine.

 And then we would have people there, our people there. And I think as a result of that, Russia should also agree with a three day cease fire and hopefully it'll be extended, indefinitely, but that other agreement for us to get in as the United States and have a presence in Ukraine for the purpose of mining precious metals and gems – that kind of thing in Ukraine, was also inked yesterday, those two things  put us in a position where everything should get started for us.

The other thing that had to happen with those two countries were not fully integrated into the quantum financial system. So that had to occur so they could be part of everything moving forward from our new banking system point of view.   I believe they're supposed to be fully integrated by tomorrow night, which is Friday night, that is in process.

Let's see what else is out there now.  Now there have been overtures that suggested that dinar and or Dong exchanges have already started in the Far East, we tried to get confirmation on that through our contact that live there, and we believe that is partially true, but we don't we cannot confirm it yet

 Now watch me after I get off a big call tonight, and a half hour later, I can get it confirmed. But as of right now, its NOT confirmed,   but it looked like yes it may have started. And remember, in the old days, we talked about this coming from East to West, well, guess what?  We are the West  -- East would obviously be the Far East.

So they may have started, and it's working its way to us . The most recent information tells us that everything was triggered to start this global currency reset an RV today, at 2pm Eastern Daylight Time, that everything was started at two o'clock today.

And now, what does that mean for us. I believe what it means is that we are looking to get our notifications for tier 4B the Internet Group and I would say it probably would apply to tier 4A, which is the admirals groups  - those notifications would come out over the weekend – and the very latest update  I’ve heard since then and was that not only   notifications to come out  but exchanges to start by Tuesday morning –

So this could be a very exciting weekend to get our notifications  set our appointments - But personally, I don't know that we'd be able to set appointments before Monday. Don't envision us getting notified maybe Sunday and set appointments on Monday to begin on Tuesday.

 I'm thinking that's the most likely scenario, because you got to really need to have personnel in the redemption center when we call to set appointment, because even though we're using an automated call center initially to make our appointments, the call gets routed to two ways. Gets routed to the redemption center that's based on our zip code that we enter, or they actually give you a different phone number to call to go direct to that redemption center.

Now, I think in most cases, the system is set up to route your call to that redemption center based on the zip code that you enter, letting them know, say what that is closest to you, either where you live or where you're, where you want to do your exchange, those three options you put a put in, and they know that's the redemption center closest to that, that you want to exchange.

So that should answer that question. Now, remember, when you have an appointment  time, my understanding is we'll have 40  minutes to get our exchanges done in that 40 minute period, that appointment period, they don't expect us to go over. Obviously you could finish sooner.

If you have two dinar notes, or you've got three, zim, three dong notes whatever, it won't take that long to count and verify – like 20 seconds  so you'll be moving through the system more quickly, like I mentioned last Tuesday, they have our names printed on your quantum card already and you say, Well, how do they know? They know?

Well, they're making that assumption based on the fact that your zip code because they know roughly where you live.  You will be using xyz location -  The Redemption center, and they'll have your they will have your quantum card already knocked out for you to enter your biometric fingerprint – thumb print  whichever it is, and then put in your new username and password for that quantum card, put your 5 digit pin code in, and then put your email and your email password in so that you can have that's what you need to get online, if you will, with your quantum account.

Your quantum account is a US Treasury account that allows you to keep your money safe, even though it's not only interest, but you can move that money into your bank account, or bank accounts, plural, with that card, that's the only reason, and it's designed so that you do it privately. The bank that you have in your current account, your neighbors don't know. Nobody knows unless you let them watch your transaction, which I highly recommend you don't do - keep it private.

Okay, all right, so we know roughly when we're supposed to start. We also know when we're supposed to end. Because here it is, the first of May, all exchanges should be completed. Centers by the end of May, and redemption centers will be closed on or before the last day of May, which is may 31 Saturday, May 31 so that tells you this is a finite exchange period.

The rates have been populating but they are solid enough on the screens on redemption center screens, plus, really, the currencies are there and what they are now. Banks are not supposed to give bank screen rates. I really could care less about bank screen rates. I care more about redemption center rates, and I know roughly what those are going to be, very, very good.

The least of your worries is the rate, absolutely, if you're a zim holder and you don't have projects any on you, because you should have, you should have a project or multiple projects, that you can present during the consider, in three to five minutes. It used to be five to eight minutes.

Maybe we don't get eight minutes, but you can give them the gist of legal copy that you want to do so they can enter that and have your project information ready, and that way, you know they will try to collaborate if other people have have identical they may try to ask you to collaborate on those, just so we'll have to see how that one goes.

You know, guys, we've been waiting a while for this, and I know it's tried our patience, but I've looked at it like a blessing. I know God chose me for this, to do this, and I think it's really the best 14 years of my time, and I'm happy to have been able to do that and offer that to you. Now, let's see if there's anything else. Yeah, I want to say that it was both our treasury.

I call it dissent from it's probably pronounced essence, but I like the scent. Why the scent and Dr Ben Carson were involved in releasing the trigger for this now, make on autopilot may involve algorithms, but we understand that it has started as of two o'clock this afternoon on this Thursday, the first of May.

And I know bondholders looking at final emails telling them when they can have access to their funds, and hopefully that happens when they get access Monday or Tuesday, I think we're going to end up getting notifications between Sunday and Monday, even though it’s a weekend thing it could be tomorrow, we could get something tomorrow.

And speaking of tomorrow, which is may 2 we did hear from our med bed guy, who's over all the med beds nationally, and really also is involved in international as well. He said to us last Saturday that the med beds would be ready to go starting tomorrow may 2. Now we're not ready for them yet because we haven't exchanged yet, but they'll be ready when we're ready. That's the point.

They're going to be ready for us to get in pretty soon after the more dire need you are, if you're a zim holder, that counts for you, and that way you should be able to get in fairly shortly after your exchange. Okay, I've been told about three days after I exchange, so hopefully that'll be good. I'll get my site back everything else that I need to have done.

All right, so that's pretty much everything I wanted to say, I think tonight,

All right. Well, thanks, everybody. big call universe, all of y'all, all y'all that have been listening to they call for these 14 years. 14 years, that's right. So everybody have a wonderful weekend. Let's see what happens for this first don't forget, Cinco de Mayo de Luis dayco de Mayo.

But enjoy your favorite Mexican restaurant and have a nice Cinco de Mayo which is not a real holiday. Enjoy it, enjoy the festivities -  Maybe that'll be the first opportunity we have to actually celebrate what it is we're receiving. All right, so have a great weekend. You guys, we will see you Tuesday night - maybe for a celebration call , okay?

 All right, everybody. Have a great weekend  

                                                                                                      .

 Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK   Intel begins   57:07

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHlrD

Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25 REPLAY LINK   Intel Begins   1:23:43

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHl7V

Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK   Intel begins   1:06:06

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Bruce’s Big Call Dinar Intel Tuesday Night 4-22-25 REPLAY LINK   Intel Begins   1:03:55

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH6lQ

Bruce’s Big Call Dinar Intel Friday Morning 4-19-25 REPLAY LINK   INTEL ONLY No Transcription

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Bruce’s Big Call Dinar Intel Thursday Night 4-18-25 RECORDING FAIL

Bruce’s Big Call Dinar Intel Tuesday Night 4-15-25 REPLAY LINK   Intel Begins   1:26:50

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Bruce’s Big Call Dinar Intel Thursday Night 4-10-25 REPLAY LINK   Intel begins   1:21:41

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Bruce’s Big Call Dinar Intel Tuesday Night 4-8-25 REPLAY LINK   Intel Begins   1:09:39

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Bruce’s Big Call Dinar Intel Thursday Night 4-3-25 REPLAY LINK   Intel begins   59:59

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Bruce’s Big Call Dinar Intel Tuesday Night 4-1-25 REPLAY LINK   Intel Begins   1:09:09

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH445

FRANK26….5-2-25…..5 %

KTFA

Friday Night conference Call

FRANK26….5-2-25…..5 %

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

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

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

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

https://www.youtube.com/watch?v=TuddEblSz-g

Fed Panics: New Silver & Gold Laws Threaten Control

Fed Panics: New Silver & Gold Laws Threaten Control

Daniela Cambone:  5-2-2025

We’re seeing more and more states actively participate in a monetary renaissance,” says JP Cortez, Executive Director of the Sound Money Defense League.

He speaks with Daniela Cambone about how different U.S. states are making moves to support sound money by getting rid of taxes on gold and silver and recognizing them as legal tender again.

Wyoming, Idaho, and Alabama are a few standout examples of these efforts.

“Politicians tend to see dollar signs and don’t understand the constitutional or historical reasons why gold and silver shouldn’t be taxed,” Cortez points out.

 He also weighs in on the recent power outage in Spain, highlighting why depending only on digital money can be risky during a crisis.

Key facts:

2025 has seen significant progress in sound money adoption.

Leading states: Wyoming, Idaho, Alabama Challenges in implementing sound money legislation

Why are politicians reluctant to adopt sound money?

Spain’s blackout highlights the risks of relying on digital money.

Chapters:

 00:00 – Tax Reforms on Gold and Silver

4:39 – State-by-State Sound Money Rankings

6:20 – The Rise of the Sound Money

7:31 – Can the Fed Stop Sound Money?

9:24 – Utah's Leadership in Sound Money Adoption

 12:30 – Spain Power Outage

17:22 – The Growing Problem of National Debt

18:51 – End the Fed

https://www.youtube.com/watch?v=72eGXwkw1O0

How Much Inheritance Will Ruin Your Kid?

How Much Inheritance Will Ruin Your Kid?

How Generational Wealth Impacts Productivity And Happiness

Sean Kernan

When my family lived near the Cavalier Country Club in Virginia Beach, we were the token middle-class family in the neighborhood. Many of the houses had hedged bushes, carefully carved into eccentric geometric shapes, and sports cars sitting unashamed in their driveway, announcing their owner’s achievements to all.

And despite this clear class divide, I got along great with the boys around me. Some were only 10, but had fathers that were entirely grey haired, and mothers who looked barely out of high school. I noticed the peculiarity of it but never connected the dots on what these unions meant.

Some of these boys were well-adjusted and great. Others were quite spoiled, and I often wonder what came of them. They were agitated and disobedient in school, often getting into fights on the playground.

Had wealth bestowed a sense of privilege upon them? Did they already feel exempt from the rules and any acts of discipline?

Per the Global Health Report for 2023, the United States has 22.7 million millionaires (38.2% of the global total, with China in second at 10.2%). Many of these people are well past one million and cruising into eight and nine figures of net worth. And it leaves us with an interesting predicament: Many scions of vast fortunes are quite young.

And while this might not be a problem many of you sympathize with, it should nevertheless invoke thought about how your worldly assets should be addressed with your children, or the lack thereof.

How should we think about our inheritance?

Lynn Chen-Zhang’s 8-year-old son came home from school one day and said a student asked him, “Why do you study so hard?”

Classmates were saying his parents were rich, so there was no need to work so hard. Her son was on to something. Their father, Charles Chen-Zhang, owns one of the largest financial advisory firms in the country and was already a known philanthropist.

Realizing these questions were continuing, as classmates knew of their family (mainly through gossiping parents), the Chen-Zhangs decided to sit their children down and have the money talk.

They told their two boys, “We’ll support you both in getting as much education as you’d like, but from then on, you are on your own.” Which translated to zero inheritance.

Whether this was a scare tactic or a true threat, they worked. Both sons are now thriving in their finance careers, independent of their father’s company.

This trend is common. I spoke with a peer, Matthew, who is 49 and runs a successful medium-sized business which he just sold for a substantial sum. He told me, “My children don’t even know how much money I just made. Nor do I intend to let them know.” Of note, he lives a humble life and does not flash his wealth by any means.

But most parents don’t face this severe of a dilemma. The average inheritance in the US is “only” $46,200 per census data, with 85% of inheritances being below $250,000. Which isn’t nothing.

The game changes with the ultra-wealthy

TO READ MORE:  https://www.yahoo.com/lifestyle/story/how-much-inheritance-will-ruin-your-kid-003747274.html

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

Good Afternoon Dinar Recaps,

BITCOIN IS A MATTER OF NATIONAL SECURITY — DEPUTY CIA DIRECTOR

Deputy CIA director Michael Ellis' comments reflect Bitcoin's maturation as an asset but conflict with the cypherpunk philosophy.

The US Central Intelligence Agency is increasingly incorporating Bitcoin as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agency’s deputy director, told podcast host Anthony Pompliano.

In an appearance on the market analyst and investor’s show, Ellis told Pompliano that the intelligence agency works with law enforcement to track BTC, and it is a point of data collection in counter-intelligence operations. Ellis added:

"Bitcoin is here to stay — cryptocurrency is here to stay. As you know, more and more institutions are adopting it, and I think that is a great trend. One that this administration has obviously been leaning forward into."

"It's another area of competition where we need to ensure the United States is well-positioned against China and other adversaries," Ellis said.

Although Ellis's comments point to Bitcoin maturing as an asset, they also reflect the increased involvement of governments and institutions, which runs contrary to the libertarian and cypherpunk ethos originally inherent in crypto.

Bitcoin: from cypherpunk experiment to state reserve asset

US President Donald Trump signed an executive order establishing a Bitcoin Strategic Reserve on March 7, to mixed reactions from the Bitcoin community.

Bitcoin Magazine CEO David Bailey celebrated the move, while Venice AI founder and BTC advocate Erik Vorhees warned against government ownership of Bitcoin but added that if the US government is to adopt any crypto reserve, it should be Bitcoin-only.

Concerns that cryptocurrencies have lost their cypherpunk roots predate the current market cycle and any strategic reserve legislation or comprehensive regulatory frameworks for digital assets.

In March 2020, Therese Chambers, the former director of retail and regulatory investigations at the UK’s Financial Conduct Authority (FCA), argued that cryptocurrencies had become increasingly financialized and institutionalized.

Chambers added that digital assets were behaving far more like traditional financial instruments than the privacy-preserving tools they were initially billed as.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

CAPITOL CRYPTO: CONGRESSMAN PROPOSES BITCOIN ATMS IN GOVERNMENT FACILITIES

A Texas Republican congressman has proposed installing cryptocurrency ATMs in United States federal buildings. Rep. Lance Gooden wrote a May 1 letter to Stephen Ehikian, who is presently acting administrator for the General Services Administration (GSA), news reports said.

Trump Ally Frames Proposal As “Educational Resource”

Gooden, one of the president’s well-known Republican allies, recommended in his letter that installing crypto ATMs in government buildings would be an “educational resource” for the public.

He requested that the GSA start exploring guidelines and regulations necessary for installing such machines on federally owned properties across the country.

Public documents filed with the House of Representatives indicate Gooden has not declared any cryptocurrency investment or ATM firms since being elected in 2019. There are no reported financial disclosures in public records available for the Texas representative as of 2025.

Authority Questions Unanswered

The GSA regulates and manages government-owned properties. Although its website states that it can offer space for federal credit union ATMs, it is not certain if Ehikian can extend these regulations to digital asset ATMs provided by private companies.

Reports suggest Ehikian, who was sworn in by US President Donald Trump, may not have a mandate to introduce these types of ATMs without consent from Congress. Reports also disclose that the finances for such an endeavor may demand an act of Congress.

President’s Crypto Connections Raise Questions

Meanwhile, Trump has extensive engagement with digital coins and asset firms across multiple avenues. These range from his individual investments, presidential campaign accounts, family-backed enterprises, and the TRUMP meme coin.

Trump reportedly hosted a dinner in Washington, DC in April for the leading holders of his meme coin. This link creates questions regarding potential policy influences related to cryptocurrency infrastructure in government buildings.

 Senate Considers Tougher Crypto ATM Regulations

Gooden’s bill comes as legislators in the Senate are considering bills to combat fraud using digital currency ATMs. Last February, Illinois Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act with the goal of establishing “common sense guardrails” against scams that have hurt many elderly Americans.

The timing provides a telling contrast between Gooden’s initiative to expand access to crypto technology and Durbin’s push for more protection from possible abuse of the same systems.

This brings to the fore the debate surrounding how to achieve a balance between innovation and consumer protection in the world of cryptocurrencies.

@ Newshounds News™
Source:  Bitcoinist

~~~~~~~~~

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More News, Rumors and Opinions Friday Afternoon 5-2-2025

Gold Telegraph: The World has Quietly Lived through a Monetary Revolution

5-2-2025

Over the past 55 years, the world has quietly lived through a monetary revolution.

What began in 1971 as a “temporary” suspension of the dollar’s convertibility into gold, declared by President Nixon… became a permanent departure from Bretton Woods, replacing gold-backed stability with a floating fiat experiment tied to oil:

The petrodollar.

It was never meant to last.

Even Paul Volcker, who helped design the suspension, believed it would be short-lived.

Instead, it became the foundation of today’s system… a system that has fueled an unprecedented explosion of global debt and left nations at the mercy of a currency no longer anchored to anything real.

We’re living inside a monetary experiment… and history shows these always end the same way.

People know my position, I have been clear about it for years.

But a new article is on the way, unpacking Scott Bessent’s latest comments and the shifting role of the petrodollar.

The U.S. dollar is the current anchor of the international monetary system.

But think about this:

Nations are propping up a currency that holds immense privilege, yet that anchor has become a weapon.

It can freeze your sovereign assets, crush your economy, and finance itself through unlimited money printing… all while sitting on a mountain of record-breaking debt.

Do you think the majority of nations are happy about this?

The United States Treasury Secretary says bond yields are signaling it’s time for the Federal Reserve to cut rates. This is getting very entertaining.

BREAKING NEWS: JAPAN’S FINANCE MINISTER SAID THAT THE COUNTRY’S US TREASURY HOLDINGS COULD BE A CARD IN ITS TRADE NEGOTIATIONS

Boom. There it is… Nobody should act surprised.

“It does exist as a card, said Kato, speaking on a TV Tokyo program Friday. Whether or not we use that card is a different decision…”

Source: https://www.bloomberg.com/news/articles/2025-05-01/japan-s-kato-says-us-treasury-holdings-could-be-negotiation-card

Former Treasury Secretary and Fed Chair Janet Yellen has joined the advisory board of a climate-focused venture capital firm. You can’t make this stuff up. The jokes write themselves.

The largest foreign holder of U.S. Treasuries just signalled it might weaponize its $1 trillion stockpile in trade talks. This is a big warning s**t. This should be the day’s biggest story, but many are just glossing over it.

Source(s):
https://x.com/GoldTelegraph_/status/1918046910482620473
https://x.com/GoldTelegraph_/status/1918050360381563342
https://x.com/GoldTelegraph_/status/1918056427849171155

https://dinarchronicles.com/2025/05/01/gold-telegraph-the-world-has-quietly-lived-through-a-monetary-revolution/

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

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

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Mr Sammy says Alaq is the man.  He was brought back to Iraq to run the CBI...And he was brought back to control the rate.  He worked with Shabibi before his health went bad.  Alaq knows the plan... FRANK:  Thank you Mr. Sammy.  I'm going to give in because you guys are there.  He will release the new exchange rate therefore he's in control but he will release it when it is given to him.  FIREFLY:  ...That's why they [Parliament] have tried for so long to get Alaq out of his job.  They know he's working on changing the rate.

Militia Man  What we have seen so far in the news is...all positive, nothing that's considered to be worrisome as far as I can see.  The tone from Washington has been positive.  They've been talking about support...for Iraq's monetary reforms by the largest financial institutions in the world - United States Treasury, Federal Reserve, International Monetary Fund, World Bank, IFC.  The focus has been about security, stability, sustainability, partnerships with the public and private sectors, investment opportunities...  

1st July - Gold Liberation Day - LFTV Ep 221

Kinesis Money:  5-2-2025

In this week’s Live from the Vault, Andrew Maguire breaks down gold’s recent sharp rise and fall, exposing how short-term volatility is engineered through unbacked US paper markets — now facing a reckoning as Basel III enforcement draws near.

 As China steps up physical gold acquisition and global FX markets eclipse COMEX in both credibility and scale, July’s compliance deadline threatens to shift gold’s pricing power eastward, marking a structural break from Western dominance.

Timestamps:

00:00 Start

00:43 Andrew unpacks gold’s round trip and the 1st July Basel III deadline

14:05 Gold charts: Andrew’s short-term outlook and market direction

25:05 Why COMEX is rapidly losing control over gold price setting

29:48 China’s open gold strategy & Trump: who has the gold makes the rules!

36:30 Bullish signals in gold and silver - what’s driving sentiment?

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

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/