FRANK26….5-7-25….OF COURSE !!!’

KTFA

Wednesday Night Conference Call

FRANK26….5-7-25….OF COURSE !!!’

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=Uie6XyoVFBY

Gold is Signaling a Financial Reset is Upon Us

Chris Vermeulen: Gold is Signaling a Financial Reset is Upon Us

Palisades Gold Radio:  5-7-2025

Tom welcomes back Chris Vermeulen, the founder of The Technical Traders, to discuss the highly volatile year of 2025 so far. He notes that volatility has been extreme across various asset classes, driven by factors like geopolitical tensions, AI advancements, and fears of an impending recession.

Vermeulen emphasized that while day traders thrive in such environments due to significant intraday swings, swing traders face increased risks with massive price gaps.

Long-term investors should prioritize capital preservation by moving to cash until market clarity emerges, as he believes a bear market has already begun. He warned against the "buy the dip" mentality, especially for those nearing retirement, cautioning that this approach could lead to significant losses in a prolonged bear market.

Vermeulen points out key indicators of an impending financial reset, including economic data showing hiring declines and rising unemployment, as well as housing market corrections with inventories soaring.

Gold was discussed as a safe haven asset, though Vermeulen cautioned about potential pullbacks. He suggested that gold miners could offer better opportunities once the market stabilizes.

Seasonality plays a role in his analysis, noting that stock markets typically struggle post-May, aligning with his bearish outlook. Real estate was also addressed, with Vermeulen predicting price drops of 15-20% and warning about the broader economic impact as housing values decline.

He highlighted the psychological effect on investors when their largest asset depreciates, potentially leading to panic selling across markets. The U.S. dollar's potential strength was discussed, with Vermeulen suggesting it could rally in a risk-off environment.

Time Stamp References:

0:00 - Introduction

0:52 - Market Volatility & Trading

4:58 - Markets in Topping Stage

8:30 - Cliff Phase Indicators

15:22 - Downside Targets Gold

18:50 - Expectations for Miners?

23:18 - Seasonality in 2025?

26:00 - Silver Markets & Risk?

28:57 - Bitcoin Decoupling

31:45 - Real Estate & Nest Eggs

34:30 - Google Search Trends

42:08 - Dollar Thoughts

48:49 - Mkt Resets & Wrap Up

https://www.youtube.com/watch?v=sAwT9paC1-4

Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25

Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 

Transcribed By WiserNow Emailed To Recaps

Welcome. Everybody to the Big call tonight It’s Tuesday May 6 and welcome to the big call -  Hope everybody had a wonderful cinco de Maya yesterday, and I didn't celebrate it, per se, I was aware of it. Tonight - Today is the sixth of May and you're listening to the big call. Thanks everybody for listening again, being with us on the call.

Well, let's get into the intel now. Let's see where we are. We did get a little bit of information today. Try to give us an idea we had heard over the last Oh, I'm going to say, I'm going to say Sunday into Monday. We heard from one source. It's over seven redemption centers that we would be exchanging starting tomorrow afternoon.

Now I thought, Okay, that sounds great, but we need numbers beforehand, which obviously is still possible. And then I heard, we heard from a source that's very high up the letter with Wells Fargo, and that source said that we could get our free numbers anytime between now and Thursday the eight.

 I thought, huh, eight. That's China's favorite number. Chinese elders would like, what about Oh, Charlie Ward's Thursday? Could it be that both of those occur at the same time?

And  so I thought, okay, one window is, let's say from now is actually from  Monday at 6pm let's just call it now until Thursday to receive the toll free number. And this is the caveat. And you begin your exchanges, and then we had the other piece that said that we would receive it and exchange by tomorrow which is Wednesday afternoon, by Wednesday afternoon. So I'll take either one, right?

 Either one is a win, all right, so if all right, let me see. I'm gonna bring this out a different way. We heard that one particular redemption center was going to make a phone call for contact after 11 o'clock tomorrow morning, meaning that possibly something that was to occur by 11 tomorrow morning.

Don't know quite what that is. We'll have to see if that is meant for us -

Here's another thing we heard from one of our sources, that there's going to be a major announcement. He said that it would be tomorrow.- That would be  something we would all be affected by. It would be very good for us. Okay, I'm going to come back to this guy in a minute,

Then this afternoon, shortly after I heard that on NewsMax  I caught President Trump in the midst of a press conference where he was talking about trade, trade deals, trade with Canada, all of that.

And then all of a sudden, he changed gears in and wedged this in next -- he said there's going to be an earth shattering announcement that will affect America and its people. He said in the next few days, I thought, ooh, President Trump, is that the announcement that my associate was referring to?

He would not tell us what it was. I have to assume that he knew that it was and I thought, what could it be? What was it? What? What could that announcement be about? And then President Trump says what I just told you, I thought earth shattering affecting everyone in America and it's people

I thought the next couple of days, or the next few days, I thought, all right, so then we go back and we try to get back in touch with the one who said there would be a major announcement tomorrow, and then Ask him if you explain what it was, then he came back with what it was and said just be reasdy for Thursday  -- I said yatze – bingo  

Is that what we're waiting for? Are we looking for an announcement tomorrow, and then get ready for Thursday . Is that something regarding and we thought we figured this out. What? What announcement could it be right now? Could it be an EAS EBS announcement? Could it be something about the USN and our new currency, the first fruits of NESARA

Could it be about the asset back currency our physical money called ustn, United States Treasury note? What was it going to be? And we'll have to see what it is, because we never did get an absolute on that announcement. But President Trump himself mentioned an earth shattering announcement.

That's his words, earth shattering announcement. Then he came back as to when, and he said, over the next few days. Now, when some says over the next few days All right, so, I will say this - that's very, very important  for us to consider that possibility, okay? And I think it's great for us to have heard that, and I love the fact that it was said, be ready for Thursday.

Now, we don't know exactly, obviously, guys  this has been kept a little bit quiet for us, for a reason. We know that, but I like what I was hearing today about the possibility of numbers tomorrow, Thursday, and us getting started with exchanges by Thursday. I'm hoping that's exactly what it is, and that comes through. I think it's very possible, very possible.

Now, you guys know I've been the I'm not calling it, but I'm telling you what I'm hearing. That's important to realize I'm just giving you what I'm getting and not changing. I'm just putting it out there, because I really think this is some good, good information.

What about Doge payments?  DOGE  payments were to start going out this week over the next two weeks, meaning this week and next week,

I understand they will go what they will be, physical, printed US Treasury checks 4000 to $7,000 sometime between , but let’s call it today, tomorrow, over and over next week as well. So that's something to be looking for through check your  mailbox.

And the other thing is our R and R money be at the redemption center for us that are exchanging and redeeming zim , we should have nice increases in  Social Security for those that are getting it already this month, month of May.

So we're really looking for four different things, 800 numbers, to set our appointments for the RV, at the redemption centers, R and R at the redemption center. DOGE payments in the mail and Social Security increases this month quite a bit.

Now something was picked up, and I don't know if it came from me or not, somebody said that the Zim would only be usable – and exchangeable - Let's use the term exchangeable. Redeemable is the right word  “redeemable”  through the end of this month of May.

Now that was possibly construed or misconstrued from what I said last Thursday about redemption centers are going to be open through the end of May, May 31 of Saturday. Okay, that is true. That's what we've heard. That would be the cutoff date for redemption centers  

Now, after May comes June, if you had zim and for some reason you were not able to redeem it in t/he month of May in a reduction center  Wells Fargo will be able to redeem it at the bank starting in June

I don't know anybody unless they're on a reposition cruise and don't get back till June that wouldn't take their zim in right away and redeem it this month of May. I don't know anybody

Now, if you're on your death bed, or you know you're just in a prolonged hospital visit or something like that, I could see where you might have delayed not be able to exchange or redeem right away this month.

 So please understand that if this person who put that out got it by misunderstanding what I said last Thursday, clarify it to the point where, yes, redemption centers are what we are looking to use, and anything after  the month of May they would use tier one banks specifically Wells Fargo for the zim.

Okay. Rates were not up on screens yet today, but we do expect them to come up very shortly. And certainly, if we're going to be notified as early as tomorrow or Thursday,  we should have the rates there no problem - we have ready to go. That's the one thing we don't have to worry about, is rates. That's for sure.

Now there's one more thing about the contract rate. If you have zim, can you still get the contract rate on dinar, yes, but if they don't offer it to you, you may ask for it.

You say, I understand there is a contract rate on dinar, and if you mention that, they have to offer it to you, this is making the assumption that you have projects you have projects for your zim , and as a result, they would offer you the contract rate on the dinar

Listen, which is incredibly high, but regular screen rate on dinar At the redemption centers is also very high. It's not even half as much as the redemption center rate on the contract rate will be, though, the contract rate will be over twice as much as the spring rate, and the spring rate is very high. So that's encouraging.

Let's see if there's anything else – I would say  DOGE, those in the mailbox, starting in the next couple of days, look for your notification to come by email. Hopefully tomorrow we can set our appointments and start exchanges. I don't know, maybe tomorrow's in play - maybe not. Maybe it's Thursday, but I like the fact that Thursday is China’s number  - Charlie Wards number  the a tremendous number start works Thursday.

It could just very well be happening on Thursday. Could be -- Everything people say, Well, what else is there? A lot of people have said there's nothing else. they're all set, we're ready to go. They are done, you know, we'll see. And of course, I'm really curious.

And of course, I'm really curious as to what this announcement is that President Trump was inferring in this press conference today. I heard it. I went back, paused it went back, listen to it again. Did it again.

Make sure I heard everything that he said about it. He didn't give any real hints. He just said it would be earth shattering and really good for America and America and the people. So I'm excited about it. That's really good news. And so we'll see what that is. We'll see what it is. But it was not relating to trade. That was cool.

We want the numbers to come out like right away. Want to set our appointments. We want to get in, get our exchanges done, and start losing our new lives. So get those out to sue, and don't forget to check the website that Bob has set up our sales.

Obviously, we're in a position where we're praying for people, continuing to lift people up. We're looking forward to having so much good is coming. And we're just we're just ready. I think they are ready for us.

Now. Today's Tuesday night, Thursday, we get numbers. Tomorrow,are we going to have a call? Yes, we would have a celebration call. We get numbers. We will have a celebration call on Thursday at the regular time.

 Okay, so let's pray the call out  Keep an eye on it tomorrow. Let's see what happens. We get it and we'll talk to you Thursday night. Hopefully it'll be all right call. All right, that's you guys. God bless you guys.

Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 REPLAY LINK   Intel Begins   1:10:30

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

 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

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

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

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH6bP

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

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH6Ax

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

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH6PU

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

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH6FQ

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

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH6DB

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

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 5-7-25.

Good Afternoon Dinar Recaps,

REP. TORRES TO INTRODUCE BILL BANNING TRUMP, LAWMAKERS FROM CASHING IN ON MEMECOINS AND STABLECOINS

• The bill, called the Stop Presidential Profiteering from Digital Assets Act, would make it unlawful for someone to create, issue or promote a digital asset that “uses the name, likeness, image, or other recognizable traits of a covered individual.”

• Some Democrats have aired major concerns over Trump’s involvement in crypto, which has created tension as they and their Republican counterparts work on legislation to regulate digital assets.

Rep. Ritchie Torres, D-N.Y., plans to introduce legislation that would block President Donald Trump, future presidents, and members of Congress from "profiteering" on memecoins and stablecoins.

The bill, called the Stop Presidential Profiteering from Digital Assets Act, would make it unlawful for someone to create, issue or promote a digital asset that

"uses the name, likeness, image, or other recognizable traits of a covered individual," 

in a message sent by Benny Stanislawski, a spokesman for Rep. Torres, to The Block.

The legislation defines a “covered individual” as a current or former U.S. president, vice president, member of Congress, or any presidentially appointed and Senate-confirmed federal official, along with their immediate family members.

The move comes amid growing criticism among Democrats about Trump’s involvement in crypto, which has created tension as they and their Republican counterparts work on digital asset regulation.

Since late 2024, Trump and his family have embraced digital assets, launching their own memecoins shortly before his 2025 inauguration. His affiliated venture, World Liberty Financial, recently launched its own stablecoin. 

Trump also hosted a crypto-themed fundraiser Monday night for the MAGA Inc. super PAC, and is hosting a gala later this month for the top 220 owners of his memecoin.

On Tuesday, Sen. Richard Blumenthal, D-Conn., sent letters to World Liberty Financial and Fight Fight Fight LLC, the company behind Trump's memecoin, to investigate potential conflicts of interest related to Trump's crypto activities.

Torres has shown support for crypto. In March, he and Republican House Majority Whip Tom Emmer created the "Congressional Crypto Caucus" aimed at advancing bills in Washington. Torres also pushed back on the U.S. Securities and Exchange Commission's approach to regulating crypto last year.

@ Newshounds News™
Source:  The Block

 TRUMP FACES SENATE SUBCOMMITTEE INQUIRY OVER 'CRYPTO CORRUPTION'

Opposition lawmakers continue to criticize the president’s crypto ambitions.

• Democratic Senator Richard Blumenthal has opened an investigation into President Trump's crypto businesses.

• Blumenthal has alleged that the launch of the Trump meme coin is unethical.

• President Trump has a number of digital asset ventures that draw ire from Democrats.

Democratic senator Richard Blumenthal is investigating how President Donald Trump's crypto business ventures are potentially violating federal laws.

U.S. Senator Richard Blumenthal said Tuesday that President Trump's meme coin launch and other crypto industry ventures represent

"an unprecedented, pay-to-play scheme to provide access to the Presidency to the highest bidder."

Blumenthal announced that the Senate Permanent Subcommittee on Investigations would be opening a preliminary inquiry into the launch of the president's cryptocurrency, Official Trump, along with DeFi platform World Liberty Financial and the president's other digital asset interests.

"Chillingly, TRUMP allows, and even invites, anyone in the world, including foreign governments and unscrupulous individuals, to directly enrich the president, while hiding potential payoffs in the pseudonymity of the blockchain," Blumenthal said in his announcement, quoting a letter he wrote to the developer of the Official Trump cryptocurrency, Bill Zanker.

The new commander-in-chief ahead of his January inauguration launched a Solana-based meme coin called Official Trump—which trades as TRUMP—and it quickly soared in value before crashing. It's now down 85% from its peak price.

Democrats have alleged that the new commander in chief has profited from the virtual coin's launch, but the president has denied this and avoided questions on the matter.

The president is also associated with an Ethereum-based decentralized finance project, World Liberty Financial. Trump's sons, Eric and Donald Jr., first announced the project last year, and the then-Republican nominee promoted the project on social media ahead of his election win.

Decrypt in March reported that the president and his associates had pocketed around $390 million in revenue from promoting World Liberty Financial.

In April, President Trump also announced a private dinner later this month at his Washington-area golf club for the top 220 holders of his meme coin, plus a private reception and a White House tour for other investors.

The announcements have drawn ire from Democratic lawmakers, who claim that promoting the meme coin is corrupt. House Democrats walked out of a hearing Tuesday about impending crypto industry legislation, due to complaints over Trump's perceived crypto conflicts.

President Trump campaigned ahead of his November win to help the digital asset industry and received backing from crypto entrepreneurs and Silicon Valley hotshots and members of the "PayPal mafia", including current White House AI and crypto czar David Sacks and Tesla CEO Elon Musk.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

More News, Rumors and Opinions Wed. Afternoon 5-7-2025

589bull: Iraq is No Longer Hinting

5-7-2025

MORNING UPDATE

Iraq is no longer hinting. Sudani just said the quiet part out loud.

Yesterday, Prime Minister Mohammed Shia al-Sudani held a major meeting with the heads of all Iraqi banks. The takeaway?

“The state will act as a regulator, not a controller.”

That’s your signal.

This is the exact language used by nations preparing for a monetary shift and here’s why it matters:

• Iraq is stepping back from centralized control of the banking sector
• The banking system is now “flexible, modern, and ready,” per Sudani
• First Rafidain Bank is launching with a new vision + foreign partnerships
• The government confirmed it’s absorbing excess IQD and replacing it with domestic production + foreign investment
• Banks are being told to invest, simplify, and prepare for global trust

This isn’t speculation, this is pre-RV protocol in plain sight.

They’re lining up the IMF, World Bank, Basel III, ISO 20022, and private sector cooperation. The only piece left?

What follows is going to be historic.

Source(s):
https://x.com/589bull10000/status/1919704894539268538

https://dinarchronicles.com/2025/05/06/589bull-iraq-is-no-longer-hinting/

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

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

 Mnt Goat  We have previously read many articles on the “New Rafidain” bank and the reforms taking place there. The CBI was working to reform the bank to necessary to global standards and digitization. First why would they do this if not working towards a higher rate when going back to FOREX. If they wanted a 1320 rate, they could have already done it over the last two decades...But this is not the case as Ali Al-Alaq has told us many times already he wants the dinar to go back to its “glory days”.

Militia Man  Article quote:  "The delegation International Monetary Fund stress the importance of strengthening the relationship with foreign correspondent banks in the field of financing foreign trade as well as supporting the use of the Iraqi dinar in economic transactions to maintain the stability of the local currency."  I don't know you guys, some people like to say, 'drop the mic'.  That's powerful and it's impressive.  They're talking specifically about cross border trade, foreign trade, with the Iraqi dinar...

 ************

Gold Legal in FL & Tariffs Slam Businesses | with Meghan Johnson

Lynette Zang:  5-6-2025

Tariffs on shoes imported from Vietnam just surged by 541% and both businesses and consumers are feeling strain. Lynette is joined by her daughter Meghan Johnson to share how these trade wars are impacting her businesses.

But it’s not all bad news: Florida just made gold and silver legal tender, and we’re celebrating that major win in-studio.

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

War on Cash is Here: Giustra Says Global Reset Has Begun, No Bailout in Sight

Daneila Carbone:  5-7-2025

“There’s a mad rush for physical gold... even the U.S. is bringing it back in. It tells you that they’re preparing for something,” warns billionaire philanthropist Frank Giustra in a must-watch video.

 He sits down with Daniela Cambone to discuss how the global financial order is shifting, with gold returning to a central monetary role.

Key Facts:

What are the ramifications of Basel III?

What role will gold play in the new financial order?

 Monetary reset is coming.

Banks to upgrade gold to a Tier 1 asset - what comes next?

Gold remains the constant.

What might a new monetary system look like?

Are we seeing the rise of a bifurcated system?

Spain's power outage scenario is "war on cash"

https://www.youtube.com/watch?v=lXL7R5qXhfM

Coffee with MarkZ, joined by Andy Schectman. 05/07/2025

Coffee with MarkZ, joined by Andy Schectman. 05/07/2025

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 Morning to all you beautiful people!

Member: I saw a post that said a small bank in Georgia or somewhere south  has suspended services from Thurs. 8 May to Mon. 12 May saying customers will then be able to access a new digital platform.

MZ: Lots of banks seem to be getting those messages. Saying the same from the end of April to the end of May. It sure looks like many in the banking world are preparing.  

MZ: I am getting many reports from banks that they are learning to process Dinar, Dong and Indonisia Rupiah…..Internal reports saying “ Hey, we are going to be accepting these currencies” . they don’t tell us the rate….just that they are going to be accepting them. This is step number one in my book.

MZ: They train them on these currencies so they are ready for the revaluation…..imo…This is clear evidence we are moving towards completion.

Member: Got a notification from my Bank yesterday with changes coming soon to online banking..

Member: (From Dinar Guru) Mnt Goat  We have previously read many articles on the “New Rafidain” bank and the reforms taking place there. The CBI was working to reform the bank to necessary to global standards and digitization. First why would they do this if not working towards a higher rate when going back to FOREX. If they wanted a 1320 rate, they could have already done it over the last two decades...But this is not the case as Ali Al-Alaq has told us many times already he wants the dinar to go back to its “glory days”.

Member: Yes……agreed……I love it

Member: I have a friend who has a sizeable amount of Dinar who told me that if he cashed out and had a NDA he would disappear. I have not been able to get hold of him for 10 days, I don't know why.

Member: I delivered to a 5/3 bank in Brookhaven Ga.,i asked if ready for upcoming currency exchanges, she said yes. I asked “fully trained”, looked toward mgrs.door and said not yet…. body language said different

Member: Holly Ciliano: "Iraq is 0-30 days from full forex readiness"

Member: mark, do you see this going this month at all ?

Member: No way I thought a year ago that we would still be here. I hope this all makes sense at some point

Member: I think we are waiting for audits to be done at the Fed, the Treasury and Ft.Knox…then we go

Member: Supposedly a “earth shattering” announcement about to drop this week from DJT!

MZ: Stay calm and don’t read to much into it……no idea what it will be.

Member: Would love to hear him announce the new gold standard and USN notes.

Member: I think Trumps announcement will be something about taxes…wishful thinking?

Member: His announcement may cause EBS then reset

Member: Maybe he is going to revalue the gold held in the US. Lots of articles saying he might.

Member: Trumps announcement may be something about taxes or Nesara/Gesara. I doubt he will announce currency revaluations as that would skip 4B and go right to the public -right?

MZ:  I can see your logic in this…but I am not going to rule out announcing currency changes in the middle east. That would not surprise me. To me- what makes the most sense with the level of negotiations we have seen with the Chinese officials and the US…meetings  in Switzerland today and tomorrow- fits with this timing.

MZ: I am guessing we may get an end to the trade war.

Member: Trump said his news was about something we havent discussed in years. It was good news not bad.

Member: What if, Trump is about to announce a peace deal with Iran, and his trip to the Middle East is to have a deal signing in a neutral country…such as Saudi Arabia? It would still be good for us.

Member: Are your bond contacts still MIA?

MZ: They are getting updates on historic assets-and bonds….There are certain historic art pieces that get settled when bonds get settled….and we have been waiting for this for years, and they have suddenly asked for verifications and change of custody. They are supposed to have a meeting via conference calls today..

MZ: I have a number of sources telling me that. So for me, he may have gotten paid and is not saying anything. He refuses to talk about that part so I am excited.

Member: I hope these asset bonds r the last bonds to go!

Member: There are many reports that Iraqis are turning in their dinar for mastercards that go live tomorrow. Have you heard this?

MZ: None of my sources are hearing this. They cannot figure out where that rumor is originating from. .

Member: Hey chat people what do you think will be in 1st basket and 2nd basket? Thanks for your help

Member: This is old but maybe still valid:  1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe

Member: I like that tomorrow is the 8th and a Thursday…..The 8th has always been a big financial date…..and Charlie Ward thought the RV would happen on a Thursday.

Member:  Hope we all have a fantastic day!  Be blessed everyone.

THANK YOU MARK, ANDY, MODS, AND THE COMMUNITY FAMILY!! SEE YOU TONIGHT AT 7:00 PM EST. FOR ANOTHER GREAT PODCAST!! OR SEE YOU AT 8:00 PM EST. FOR WHISKEY AND WISDOM

Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions

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

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

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

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

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

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

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

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

News, Rumors and Opinions Wednesday 5-7-2025

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

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 7 May 2025

Compiled Wed. 7 May 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 6 May 2025 A small bank in Alabama has suspended services from Thurs. 8 May to Mon. 12 May saying customers will then be able to access a new digital platform. …Jordan Clark on X

Tues. 6 May 2025: RESET IN MOTION: THE U.S. DEBT CLOCK JUST REVEALED THE RESET — TRUMP IS HOLDING THE KEYS (AND SIGNING EXECUTIVE ORDERS THEY WON’T TALK ABOUT) – amg-news.com – American Media Group

Tues. 6 May 2025: Trump promises BIG Announcement: https://x.com/ShadowofEzra/status/1919792162268389393

Tues. 6 May 2025 The Big Call Bruce:

A High up source with Wells Fargo said Tier4b (us, the Internet Group) could get 800s sometime between now and Thurs. 8 May 2025 and then immediately begin our appointments.

Another source said something was to occur by tomorrow morning 11 am EST.

A source said that there was going to be a major announcement on Wed. 7 May 2025

On Tues. 6 May 2025 Newsmax reported President Trump saying, “In the next few days there’s going to be an earth shattering announcement that will affect America and it’s people.”

A source said there would be a major announcement on Wed. 7 May “So get ready for Thurs. 8 May 2025” (meaning we could be notified and exchange on Thurs).

Increases in SS payments to go out during May.

Redemption Centers to be open through the end of this month of May.

If you have Zim and were unable to redeem it in May, Wells Fargo will be able to redeem it in June.

If you have Zim and have a project you can still get the Contract Rate on Dinar, but you have to ask for it.

The screen rate is very high on the Dinar.

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

Tues. 6 May 2025, A2Z DreamZ:

On Sat. 26 April 2025 Iraq entered into an Article 8 agreement with the IMF, after which they had ten days to fully commit to revaluing the IQD and show the public rate on the Forex.

The banks in Japan and South Korea were closed until Wed. 7 May.

Vietnam has already started their revaluation process on the Dong.

On Mon. 5 May Sudani had a meeting with heads of all banks. The following morning Tues. 6 May at 7 am Baghdad time a text was sent out telling people to bring in their Dinar to the Banks for a higher guaranteed purchasing power rate. This caused traffic jams and lines on the streets to form.

On Tues. 6 May my policeman friend in Baghdad confirmed that the rate that TNT shared was close to what a long time friend shared after he met with his neighbor who went to his bank with a suitcase of Dinar. He came home with a new Mastercard that would be active on the morning of Thurs. 8 May.

Read full post here:  https://dinarchronicles.com/2025/05/07/restored-republic-via-a-gcr-update-as-of-may-7-2025/

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

Frank26  I'm still very encouraged about this year because the new exchange rate can be released at any time.  It's just very convenient at the beginning or the end of a quarter...This is the year to release the new exchange rate.

Militia Man  The background of the country [Iraq] has had a massive amount of corruption. Spreading rumors through media is notorious.  Sadly we have it here in our country as well...It's a reality.  You have to take the time to be able to understand what you own and know who those [bad] actors are.  This has been a long road...We got into this because we believed in our investment.  Revaluations of currencies is a reality.  

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First 100 Days DRP and IQD Rate News

Edu Matrix:  5-6-2025

We discuss the IQD Revalue Rate. In this video, we also break down how Trump’s first 100 days in office are affecting Iraq. From Trump Iraq policy decisions and foreign aid cuts to falling oil prices in Iraq and rumors of an Iraqi dinar revaluation, the ripple effects are clear.

We’ll explain how Trump’s OPEC conflict is straining Iraq’s oil exports and why Iran’s influence in Iraq through the Popular Mobilization Forces has become a key concern.

Whether you’re following U.S.–Iraq relations, tracking the Iraqi economy in 2025, or curious about Trump’s Middle East policy, this is essential viewing

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

Iraq Economic News And Points To Ponder Wednesday Morning 5-7-25

The National Bank Of Iraq: A Leadership Based On Governance And Transparency

Banks  Economy News – Baghdad  The National Bank of Iraq (NBI) affirmed on Tuesday its commitment to the principles of governance and transparency as a fundamental rule governing its financial transactions, adhering to strict standards. NBI designated what it described as the "most valuable currency" in this vital sector, while pledging continued compliance with legal and regulatory requirements and international standards.

In a statement received by Al-Eqtisad News, the bank stated, "The National Bank of Iraq's commitment to the principles of governance and transparency is one of its most prominent factors in the Iraqi banking sector.

These principles form the fundamental foundation upon which the bank builds its strong relationships with clients, partners, and various stakeholders, and have contributed to enhancing its credibility in all its financial transactions."

He added, "Over the years of its operation in the Iraqi market, the National Bank of Iraq has proven that it is not just a financial institution, but a strategic partner for its clients and a loyal guardian of their savings and financial future."

He expressed his belief that "trust is the most valuable currency in this vital sector, and this commitment is an integrated approach to work that is embodied in the finest details of its operations and services, and bears fruit in the form of quality and distinction, thereby strengthening its leading position in the market."

He explained that "this commitment is clearly demonstrated by the bank's ongoing efforts to ensure that financial operations are managed in accordance with international best practices, setting strict standards to ensure transparency and accountability in all its transactions.

" He explained that "clear examples of this approach include the bank's ISO 9001:2015 certification in the areas of customer care services and bank transfer operations, confirming that the bank implements an integrated quality management system, with a focus on providing an exceptional banking experience for its customers, based on efficiency, reliability, and attention to the smallest details."

He explained that "the bank's commitment to quality and continuous improvement did not come out of nowhere, but rather is the result of a strategic vision that places the customer at the heart of its concerns. Implementing ISO 9001:2015 standards has had a positive impact on the smoothness of internal operations, contributed to raising efficiency and effectiveness, reducing errors, and lowering operating costs.

Most importantly, it has strengthened the bank's ability to comply with legal and regulatory requirements, and opened up broader horizons for cooperation and partnership with global financial institutions, benefiting from international recognition of its quality and reliability."

He continued, "In the context of this relentless pursuit of excellence, the bank's efforts culminated in receiving the 'Excellence Award' from Citi Bank, in recognition of its superior performance in managing incoming and outgoing financial transfers. This clearly reflects its proficiency in implementing precise and organized procedures that ensure full compliance with international standards in the execution of financial transactions."

He continued, "The National Bank of Iraq's continued focus on the principles of good governance and transparency as an integral part of its long-term strategy is supported by the development of its internal systems and the adoption of the latest technologies in the financial sector to enhance the levels of security, speed, and reliability of its banking services."

The bank reiterated its "commitment to providing innovative banking services that meet the changing needs of its customers and enhance their confidence by offering integrated financial solutions that support individuals and businesses alike, while adhering to global best practices."

The bank affirmed its "goal to be the first choice for all customers seeking trust, reliability, and excellence in banking services."     https://economy-news.net/content.php?id=55173

Globally, Oil Prices Rise To Exceed $62 Per Barrel.

economy | 04:32 - 06/05/2025  Mawazine News – Baghdad  Oil prices rose Tuesday evening, exceeding $62 a barrel.  Brent crude reached $62.05 a barrel by 4:15 Baghdad time, having closed at $60.23 the previous day.  US crude reached $59.24 a barrel, having closed at $57.13 the previous day. https://www.mawazin.net/Details.aspx?jimare=261170

Gold Hits Two-Week High On Safe-Haven Demand

Tuesday, May 6, 2025 08:54 | Economic Number of reads: 212  Baghdad/ NINA / Gold prices rose to their highest level in two weeks on Tuesday, as concerns over US tariff plans boosted demand for the safe-haven metal, while investors also awaited the upcoming Federal Reserve meeting.

Spot gold rose 1.4 percent to $3,380.92 an ounce, after hitting its highest level since April 22 earlier in the session.

US gold futures rose 2 percent to $3,389.90.

All eyes will be on the Federal Reserve's interest rate decision and Chairman Jerome Powell's remarks tomorrow for clues on the path of interest rates.

The US Federal Reserve has kept interest rates in a range of 4.25% to 4.50% since last December.

As for other precious metals, silver rose in spot transactions by 1.5% to $32.99 an ounce, platinum rose by 1.3% to $971.24, and palladium rose by 0.5% to $945.75. /End https://ninanews.com/Website/News/Details?key=1225002

Economy | 06/05/2025  Mawazine News - Baghdad -  The US dollar exchange rate recorded a new decline in the markets of the capital, Baghdad, with the closing of the stock exchange this evening, Tuesday. 

The dollar price decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 143,800 dinars for $100, after it had recorded 144,000 dinars for $100 this morning.

The selling prices in exchange offices in the local markets in Baghdad also decreased, as the selling price reached 144,750 Iraqi dinars for $100, while the buying price reached 142,750 dinars for $100. https://www.mawazin.net/Details.aspx?jimare=261171

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 5-7-25

Good Morning Dinar Recaps,

HOW DO TRUMP TARIFFS IMPACT THE FED INTEREST RATE DECISION TODAY?

The Federal Reserve is expected to keep interest rates steady this week, with a 95% chance of no changes, as it adopts a cautious “wait and see” approach.

Despite a slow economy in Q1, inflation remains slightly above the 2% target, while unemployment stays low, giving the Fed more time to assess market conditions. The FED interest rate decision is crucial, as the Trump tariffs and ongoing US-China trade talks could influence future actions.

Trump Tariffs and Trade Optimism

The latest Trump tariffs and trade discussions between the US and China are bringing renewed optimism to the market. Credit Suisse analyst Ipek Ozkardeskaya notes that improving trade relations could boost risk assets and revive investor confidence in the US dollar. While the dollar didn’t surge during the peak of the tariff war, a shift in sentiment could drive its near-term performance.

FED to Stay in “Wait and See” Mode

The Federal Reserve remains focused on data, with many expecting no immediate rate cuts. As the Fed weighs Trump’s tariffs and a $4 trillion budget plan, it will likely hold off on making any drastic decisions. Although inflation is still above 2%, the FED interest rate decision will depend on the ongoing trade talks and economic trends.

Dollar Could Rebound Amid Trade Optimism

Trade optimism surrounding Trump tariffs and negotiations could potentially lift the dollar, shifting from a safe-haven narrative to broader confidence. Ozkardeskaya believes that this shift could reignite demand for the US dollar, marking a key development as the FED interest rate decision looms.

FED Interest Rate Decision

With little indication of drastic shifts in the economy, Fed Chair Jerome Powell is expected to keep messaging minimal, even as President Trump pushes for rate cuts. Analysts predict that the Fed may only cut rates if the labor market weakens significantly.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

ETHEREUM’S ‘PECTRA’ NETWORK UPGRADE GOES LIVE: WHAT TO EXPECT

Ethereum developers have activated the network's Pectra upgrade, bringing smart accounts, higher staking limits and improved scalability through key EIPs.

Ethereum — the network that unleashed smart contracts on the world — moves on to the next chapter with today’s Pectra upgrade, but what does it mean?

Pectra went live on the Ethereum mainnet at the start of epoch 364032, May 7, 2025, at about 10:00 am UTC. The three main Ethereum improvement proposals (EIPs) included are EIP-7702, EIP-7251, and EIP-7691.

EIP-7702 allows externally owned accounts to act as smart contracts and cover gas expenses (transaction fees) and payments in tokens that are not Ether.

EIP-7251 increases the validator staking limit from 32 ETH to 2,048 ETH, simplifying operations for large stakers.

EIP-7691 increases the number of data blobs per block, allowing for better layer-2 scalability and potentially significantly reduced transaction fees.

Sergej Kunz, co-founder of Ethereum DEX aggregator 1inch, said Pectra “introduces ‘smart account’ functionality” at deeper protocol levels and “improves Ethereum’s scalability” through layer-2 solutions.

0xAw, lead developer at Base Ethereum layer-2 DEX Alien.Base, told Cointelegraph that EIP‑7702 is a “potentially great addition for Ethereum.” He said that account abstraction has struggled due to wallet switching requirements.

The positives of adopting this include:

• Getting rid of approval flows

• Not having to sign each transaction

• Segregated permissions and actions

• Automations on behalf of the user

“It enables a Web2-like UX by hiding many of the underlying scaffolding from users,” 0xAw added.

Kunz said the update will pave the way for native gasless transactions and simplified user flows.
Ivo Georgiev, CEO of smart wallet Ambire, noted:

• “No more infinite ERC-20 approvals”

• “Users won’t need native currency like ETH to pay gas fees”

He added:
“Following this, the UX will be reworked completely… wallets give more limited abilities to apps, increasing overall security — for example, no wallet popup every time you interact with OpenSea.”

Still, not without risks.
0xAw cautioned: “Users have one more dangerous thing they could sign, which would be even more damaging than an approval to wallet drainers.”

Mike Tiutin, CTO of PureFi, warned:
“Drainers proved that users will sign ‘harmless’ messages in cloned DApps. EIP-7702 expands that trick from one token to the whole wallet.”

Georgiev remains optimistic, saying:
“Confident there will not be a tangible increase in risk... the industry knows how to create a secure contract, especially with such a minimal scope as an EIP-7702 delegation.”

Easier Institutional Staking

Artemiy Parshakov, VP of institutions at P2P.org, said:
“EIP-7002 makes institutional staking much easier to integrate without taking too much risk.”

Before Pectra:

• Stakers needed a signed message from their provider to exit

• Couldn’t exit without provider participation

• Had to wait ~13 hours to generate exit message

Now with Pectra:

• Exit delay reduced to ~13 minutes

Supply Validator Deposits Onchain

EIP-6110 enables the execution-layer block to carry validator deposit data to the consensus layer.
Previously:

• Consensus clients waited for Merkle root votes from block proposers
  Now:

• Execution layer directly includes new verifier deposits

This upgrade affects the deep Ethereum consensus layer and follows bugs on Holesky and Sepolia testnets.

Parshakov concluded:
“Our biggest concerns are client bugs, but we trust the Ethereum Foundation and client teams are working to prevent issues on mainnet.”

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

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Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

One Last S&P Rally, then a 50% Crash Like 2008

One Last S&P Rally, then a 50% Crash Like 2008

 Wealthion:  5-6-2025

Are we on the precipice of another financial crisis reminiscent of 2008? Chris Vermeulen, Chief Market Strategist at The Technical Traders, believes so.

In a recent interview with James Connor on Wealthion, Vermeulen laid out a compelling, albeit unsettling, case for a significant market correction, potentially a 30-50% plunge in the S&P 500. He argues that we’re in the final stages of a market “exit-liquidity” squeeze, mirroring the infamous stage-four breakdown that preceded the 2008 collapse.

Vermeulen’s warning hinges on several key factors, including the behavior of institutions, collapsing freight volumes, the impact of tariffs, and concerning signals from the oil market. He paints a picture of Wall Street giants actively “dumping” their holdings onto retail investors, utilizing them as the “exit liquidity” needed before the markets take a nosedive.

Vermeulen is closely monitoring specific levels on the charts to identify the moment the market truly breaks down. He anticipates a final push potentially pushing the S&P 500 towards 5,950 before the inevitable crash.

He didn’t specify the exact breakdown level, emphasising focusing on the overall market behaviour and momentum shifts rather than a single number. Identifying these trigger points is crucial for investors looking to protect their portfolios.

According to Vermeulen, the current market dynamics bear striking similarities to the lead-up to the 2008 financial crisis. He points to a characteristic “stage-four breakdown,” where initial optimism and a false sense of security give way to a rapid and devastating market decline. The key is to recognize the signs of this final leg and prepare accordingly.

Vermeulen highlights specific stocks that are showing signs of weakness, including tech giants like Apple and Nvidia, as well as data analytics firm Palantir. These companies, once market darlings, are now flashing sell signals, indicating a potential shift in investor sentiment and a broader market downturn.

Vermeulen’s starkest warning is directed towards retail investors. He believes they are being actively used by institutional investors as “exit liquidity” – the buyers who allow them to offload their holdings before the market crash. This highlights the importance of understanding market cycles and avoiding the trap of buying at the top.

While Vermeulen’s outlook is largely bearish, he does see a silver lining in the precious metals market. He predicts that gold is poised to break towards $3,750 once the market shake-out is complete. He also anticipates a short-term correction in the precious metals market before the upward trend resumes.

This suggests that gold and silver could serve as safe-haven assets during the impending market turmoil.

The collapsing price of oil is another key indicator of an impending recession, according to Vermeulen. The decline in oil prices often reflects a decrease in demand, which in turn signals a slowdown in economic activity. This reinforces the overall bearish outlook for the market.

Interestingly, Vermeulen makes a contrarian call on the U.S. dollar. He believes that the dollar will likely strengthen during the downturn, as investors flock to the perceived safety of the U.S. currency. This is a crucial point for investors to consider, particularly those holding assets denominated in other currencies.

Finally, Vermeulen addresses the potential impact of a market crash on Bitcoin and related companies like MicroStrategy. He suggests that Bitcoin’s price will likely decline if risk assets broadly suffer, and MicroStrategy, with its significant Bitcoin holdings, is particularly vulnerable.

Chris Vermeulen’s analysis paints a concerning picture of the current market landscape. While the potential for a final push towards 5,950 on the S&P 500 exists, he urges investors to be vigilant and prepared for a significant market correction.

By understanding the key indicators, monitoring critical chart levels, and recognizing the role of retail investors as exit liquidity, individuals can take steps to protect their portfolios and potentially capitalize on opportunities that arise during the downturn.

While a 2008 repeat is not guaranteed, Vermeulen’s warnings serve as a crucial reminder of the importance of careful analysis and prudent investment strategies in today’s volatile market.

https://youtu.be/7HZvrGGOotE

“Tidbits from TNT” Wednesday Morning 5-7-2025

TNT:

Ivantulafitov:  I asked this question in the subject line to grok, and this is what happened. Grok is on x.com if you didn't know.

 How will Iraq Dinar go on forex what is the process? What needs to be done

For the Iraqi dinar (IQD) to become internationally tradable and accepted on the foreign exchange (forex) market, a series of economic, regulatory, and technical steps must be undertaken by Iraq’s government, the Central Bank of Iraq (CBI), and international financial institutions. The process is complex, involving both domestic reforms and coordination with global financial systems. Below is an outline of the key steps involved, based on economic principles, current conditions in Iraq, and insights from available information:

1. Economic Stabilization and Policy Reforms

Stabilize the Economy: Iraq must demonstrate a stable macroeconomic environment, as forex markets favor currencies with predictable value and low volatility. This includes controlling inflation, managing fiscal deficits, and ensuring consistent economic growth, particularly given Iraq’s heavy reliance on oil exports.

Currency Peg or Float Decision: Currently, the IQD is pegged to the U.S. dollar (USD) at a fixed rate set by the CBI, which limits its tradability. To be listed on forex markets, Iraq would likely need to transition to a floating or managed float exchange rate system, allowing market forces to determine the IQD’s value. Lifting the peg requires sufficient foreign exchange reserves and confidence in the dinar’s stability.

Build Foreign Exchange Reserves: The CBI must maintain robust reserves of USD, euros, or other major currencies to support the IQD’s value and intervene in forex markets if needed to stabilize the currency. Iraq’s $120 billion in reserves from oil sales provides a foundation, but these must be managed transparently.

2. Regulatory and Legal Framework

Remove Capital Controls: Iraq currently imposes restrictions on currency exchange and capital flows, particularly for USD transactions, to curb illicit financial activities. For the IQD to be tradable, the CBI must ease these restrictions, allowing free conversion of IQD into other currencies for legitimate transactions, supported by valid documentation.

Compliance with International Standards: The CBI must align with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations set by organizations like the Financial Action Task Force (FATF). This builds trust with global banks and forex brokers, addressing concerns about illicit USD flows to sanctioned countries like Iran.

Bilateral and Multilateral Agreements: Iraq may need to strengthen trade and investment agreements, such as those with the U.S. under the Trade and Investment Framework Agreement (TIFA), to facilitate cross-border currency transactions. Membership in the World Trade Organization (WTO) could also enhance the IQD’s credibility, though no explicit WTO rule mandates revaluation or tradability.

3. Central Bank and Banking System Reforms

Modernize the Banking System: Iraq’s banking sector, dominated by state-owned banks like Rafidain and Rasheed, must adopt international standards for electronic payments, wire transfers, and currency trading. The CBI’s efforts to digitize the financial system and regulate exchange companies are steps in this direction.

Establish Market Infrastructure: The CBI must create mechanisms for banks to engage in spot and forward transactions in IQD, enabling liquidity in forex markets. Currently, banks are restricted from forward transactions for speculative purposes, which limits market development.

Engage International Banks: Major global banks, such as Citi or JP Morgan, could be enlisted to hold IQD reserves or facilitate transactions, as seen in recent deals to strengthen USD reserves for Iraqi banks. This would integrate the IQD into global financial networks.

4. Integration into Forex Markets

ISO 4217 Recognition: The IQD already has an ISO 4217 code, ensuring it is recognized as a standard currency. However, for active trading, forex brokers need assurance of liquidity and demand, which depends on the steps above.

Listing on Forex Platforms: Major forex brokers (e.g., FOREX.com, OANDA) must list IQD pairs (e.g., USD/IQD, EUR/IQD). This requires the CBI to work with brokers to ensure sufficient liquidity and low spreads. Currently, the IQD’s low trading volume and high fees at money exchangers deter brokers.

Market Maker Support: Global banks or market makers must be willing to provide bid-ask quotes for IQD pairs, ensuring continuous trading. This depends on Iraq’s economic credibility and the absence of regulatory risks.

5. Global Acceptance and Confidence

Increase International Trade in IQD: For the IQD to be widely accepted, Iraq must encourage its use in international trade, particularly for non-oil exports. Current efforts to settle trade in euros, Chinese yuan, or Indian rupees indicate a move toward diversification, but the IQD itself must gain traction.

Combat Speculative Scams: The IQD has been subject to scams promising massive revaluation, which damages its reputation. The CBI must clarify the currency’s status and crack down on unlicensed brokers to build investor confidence.

Demonstrate Political Stability: Political instability and security risks in Iraq deter forex traders. Sustained governance improvements and reduced militia influence are critical to signaling a stable environment for currency trading.

6. Technical and Operational Steps

Data Feed Integration: The CBI must provide real-time exchange rate data to financial platforms like Bloomberg or Reuters, enabling traders to monitor IQD rates.

Clearing and Settlement Systems: Iraq must integrate with global clearing systems (e.g., SWIFT) to facilitate IQD transactions. The CBI’s platform for regulating wire transfers is a precursor to this.

Broker and Exchange Outreach: The CBI or Iraqi banks must negotiate with forex exchanges and brokers to include IQD pairs, potentially offering incentives like lower transaction costs initially to boost trading volume.

Challenges and Current Status

Limited Tradability: As of May 2025, the IQD is not widely traded on global forex markets due to its fixed exchange rate, low liquidity, and economic uncertainties. It is primarily exchanged through money changers or select Middle Eastern banks, often with high fees (up to 20–30%).

De-Dollarization Efforts: The CBI’s push to ban USD cash transactions by January 2024 and promote IQD for internal trade aims to strengthen the dinar but complicates international tradability in the short term.

Speculative Claims: Posts on X suggest optimism about the IQD becoming tradable soon, with some claiming it is already on forex platforms or will revalue significantly. These claims lack credible evidence and often stem from speculative or fraudulent narratives.

Timeline and Feasibility

The process could take years, depending on Iraq’s ability to address economic, political, and regulatory challenges. Key milestones include:

Short-term (1–2 years): Easing capital controls, modernizing banking, and increasing IQD use in trade.

Medium-term (3–5 years): Transitioning to a managed float and listing on niche forex platforms.

Long-term (5+ years): Achieving sufficient liquidity for major brokers to offer IQD pairs.

Conclusion

For the Iraqi dinar to be internationally tradable on forex, Iraq must stabilize its economy, reform its banking system, ease currency restrictions, and build global confidence in the IQD. The CBI would need to shift from a fixed peg to a floating exchange rate, integrate with global financial systems, and ensure liquidity through market makers. While progress is being made (e.g., digitization, reserve strengthening), significant hurdles remain, including political instability and low trading volume. Speculative claims about imminent tradability should be approached with skepticism, as the process requires sustained, transparent reforms.

 AI:  the question is how much of this list is already complete and how much still needs to be completed? If any.

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Tishwash: The President of the Republic to the Governor of the Central Bank: The need to develop a sound future strategy for fiscal policy

President Abdel Latif Jamal Rashid stressed on Wednesday the need to exert efforts and develop a solid future strategy for financial policy.

A statement from his media office, received by Al-Eqtisad News, stated that "the President of the Republic received the Governor of the Central Bank, Ali Al-Alaq, at the Baghdad Palace to discuss the state of the Iraqi banking sector and the measures to develop it, as well as the reform packages being undertaken by the Central Bank to address economic changes and their impact on the local market."

The President of the Republic stressed "the need to exert efforts and develop a sound future strategy for fiscal policy that will enhance the desired economic development."

He pointed out that "the meeting discussed plans to stimulate the investment sector by supporting the private sector, especially as the country is witnessing remarkable stability on the security, political, and social levels."

In turn, Al-Alaq reviewed the Central Bank's efforts and future plans aimed at strengthening fiscal policy and economic stability in the country  link

Tishwash:  After failing to hold sessions, Parliament announces the end of its legislative session.

The House of Representatives announced on Tuesday evening, May 6, 2025, the end of its legislative session, following the failure to convene sessions for two months.

 The Parliament's media department said in a statement received by Al-Jabal, a copy of which said, "Based on Article (57) of the Constitution of the Republic of Iraq - and Article (22) of the internal regulations of the Council of Representatives, the Council Presidency decided to end the first legislative session of the fourth legislative year - the fifth electoral cycle, on Friday, May 9, 2025."

 The House of Representatives was scheduled to hold its seventh session of its current legislative term on Monday, May 5, 2025. Another session was also scheduled for Tuesday. However, the House of Representatives failed to convene both sessions, and both times, the session was adjourned due to a lack of quorum.

The Iraqi Parliament failed to hold its regular sessions, having failed to hold its scheduled session on Tuesday, May 6, 2025. Parliamentarians asserted that political leaders were deliberately disrupting the sessions, some of whom disclosed the reasons for this. Calls are mounting for the dismissal of MPs who fail to attend.

Mohsen Al-Mandalawi, First Deputy Speaker of Parliament, announced earlier today that he had "directed the media and parliamentary departments to publish the names of the parliament members who were absent from today's session and to deduct the prescribed financial percentage from their salaries."

Meanwhile, the House of Representatives announced the names of the members present at its failed seventh session, held on Tuesday, May 6, 2025, following the renewed failure to hold it.  link

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Mot:  The RV Box -- and Why it Wont Move!!

https://www.youtube.com/watch?v=aqAUmgE3WyM