Coffee with MarkZ and Mr. Cottrell. 05/23/2025

Coffee with MarkZ and Mr. Cottrell. 05/23/2025

Some highlights by PDK-Not verbatim

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

Member: Good Friday morning to you all:)

Member: Welcome to a 3 day -Memorial Day weekend!!!!!

​​Member: Howdy ya'll looking forward to hearing some GREAT INFO today- I hope.

MZ: It is eerily quiet right now. I had the brief bond update that was letting me know they expect their money next week. Other than that -it is painfully quiet.

MZ: This could well be ethe quiet before the storm …or everybody has NDA’s and they are doing a good job keeping everyone quiet.

Member: When I exchange I plan on being quiet as well.

Member: I hear banks are getting ready

MZ: I have heard that as well….and makes me feel good.

Member: I think it could go anytime now

MZ: That is what I hear.

Member: I am very tired of hearing everything is done…..yet nothing ever happens

MZ: Everything is not done until you and I are exchanging….imo

Member:  Frank26 reported Iraq said to the people, "If you don't bring in the 3 zero notes we will release a new currency and force you to!

MZ: From Iraq “ Among them is Iraq as Iran proposes formation of 8 country economic development group”  this article gave me hope that we will see the Iranian currency in the first basket. This is a similar basket to what Kuwait went in.

MZ: “The association of private banks holds a specialized workshop on regulatory controls of the internal evaluation of the capital adequacy standard” they had a workshop with all the banks explaining all the necessary Basel compliance and requirements they have to meet. The same things all banks are going through to be part of the international system.

MZ: To me this is a clear indicator that Iraq is about to unleash without restrictions. They would not this if Iraq was not going to have an International currency and International banks.

Member: Marco Rubio making powerful statements. Calling the Kurdistan region “The lynchpin, the centerpiece, the most important part of America's Middle East policy.” Let’s go!!

MZ: “Geologist has discovered the largest copper, gold and silver deposits in the last 3 decades”  We are seeing regular discoveries of rare and precious minerals. This one is in Argentina. Assets are important in the new world. Whenever you reset away from fiat- assts become important. The world is positioning for this change.

Member: I wonder what really is the hold up?  This is taking forever

Member: Barzani is going to be on Fox at 6PM eastern Brett Bair show.

Member: Will you have a podcast Memorial Day Mark?

MZ: I am planning a podcast for Monday Morning to honor those who paid the ultimate sacrifice to protect our freedoms.

Member: I hope it is also to announce the RV on Monday as well.

Member: DJT wants this BIG celebration beginning Memorial Day. If N/G  or RV doesn’t happen, what do people have to celebrate? While we wait, things get worse.

Member: Trump said our 250 year celebration starts on Monday and goes through July 4th.

MZ: Judy Shelton also said we should be back on the gold standard by July 4th 2026.But that does not mean we will not be done before then. There is a lot to happen by that date including you and I exchanging and walking away with wealth.

Member: I hope the RV will start these celebrations.

Member: Realistically: Treasury Secretary Scott Bessent said The Prosperity Announcement is between now and July 4th!

Member: Keep the faith that things will happen soon. And have a wonderful Memorial Day weekend everyone

Mr. Cottrell 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

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

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THANKS FOR JOINING. HAVE A BLESSED 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=2oINR2grPGQ

“Tidbits From TNT” Friday 5-23-2025

TNT:

Tishwash:  The Governor of the Central Bank receives a delegation from the European Bank for Reconstruction and Development (EBRD)

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the European Bank for Reconstruction and Development (EBRD) in Baghdad.

The meeting discussed the measures required to commence their work in Iraq next September, following the completion of Iraq's accession procedures to the European Union bank.

During the meeting, His Excellency the Governor reviewed the progress of the ongoing financial and banking reform plans and the role of the Central Bank in achieving monetary stability, maintaining the stability of the general price level, and controlling inflation.

He also reviewed the procedures for transitioning to digital banking and employing modern financial technologies to provide financial and banking services.

The meeting discussed the role of the Central Bank of Iraq in supporting economic growth through its financing initiatives for economic sectors.
For its part, the European Bank delegation expressed its readiness to provide technical support and financing for the restoration and modernization of infrastructure, the transition to a green economy, and supporting the private sector to play its role in the growth of the Iraqi economy.

Central Bank of Iraq
Media Office
May 22, 2025  link

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A dinner was held in Washington in the presence of Trump's senior advisor to welcome the Prime Minister of the Kurdistan Regional Government.

An official dinner was held last Thursday evening, Washington time, to welcome Kurdistan Regional Government Prime Minister Masrour Barzani's visit to the United States. Masad Boulos, senior advisor to US President Donald Trump, was also present.

A statement issued by the regional government stated that during the banquet held in Washington, which was also attended by a group of prominent American figures, Paul warmly welcomed the regional government's prime minister, describing his current visit to the United States as "very successful."

In his remarks, the US President's Advisor also stressed the critical importance of strengthening and consolidating the foundations of the strategic relationship between the Kurdistan Region and the United States, according to the statement.

In a speech on this occasion, the Prime Minister, according to the statement, expressed his "profound thanks and appreciation" to the hosts for their warm welcome and generous hospitality, stressing that "the Kurdistan Region is proud of the close cooperation, continuous support, and deep friendship that binds it to the United States."

He continued, "We look forward to further developing our bilateral relations in various fields and at all levels, in a way that serves the common interests of both sides." link

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Tishwash:  Among them is Iraq.. Iran proposes forming an economic development group consisting of eight countries.

Iranian Ambassador to Saudi Arabia Ali Reza Enayati proposed establishing an economic development group comprising the Gulf states, his country, and Iraq, according to a report published by the semi-official Iranian Mehr News Agency on Friday.

In a speech delivered at the provincial diplomatic forum in Shiraz, Enayati said, "In addition to political relations, there must be public communication in various economic, tourism, and trade fields."

He added, "The security outlook is shifting from a geopolitical orientation to one of development," adding, "This shift in vision may take time, but we are clearly seeing it in the countries of the Persian Gulf region, and this shift has provided an important opportunity for the Islamic Republic of Iran."

Enayati continued, saying, "Iran and Iraq are located to the north of the Persian Gulf, and to the south of it are six countries. These eight countries can form a single group to develop economic cooperation."

He pointed to the importance of the corridors and Iran's strategic location, noting that "the Iran corridor represents the ideal advantage for Iran, and we can take advantage of this opportunity and transform it into a general economic route for the countries of the region that are now thinking about development." link

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Tishwash:  Sudani: We have made significant progress in economic reform, and investments have reached $88 billion.

Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that we have made significant progress in economic reform, with investments reaching $88 billion. Meanwhile, foreign companies have expressed their willingness to contribute to building a green economy, accessing clean fuels, and cooperating in transferring expertise to specialized personnel in Iraq .

Al-Sudani's office stated in a statement received by Mail that "Prime Minister Mohammed Shia al-Sudani received, today, Thursday, representatives of international companies participating in the International Conference on Carbon Economics, which was held over the past two days in the capital, Baghdad, in the presence of the Minister of Environment ."

The statement continued, "Al-Sudani congratulated the convening of the Carbon Economics Conference, the first of its kind in Iraq, and the resulting outcomes and ideas that support the government's efforts to invest in this field, in light of the climate challenges facing Iraq ."

Al-Sudani stressed that "the government has made significant progress in economic and financial reform and in creating an attractive environment for investors and global companies, with investments reaching approximately $88 billion ."

He added, "Iraq is rapidly moving toward a transition to clean and renewable energy, embodied by the government's establishment of the Carbon Economics Company, which has been granted the authority to contract with international companies to advance this new reality." He directed the Ministry of Environment and the Carbon Economics Company to "simplify procedures and move toward signing partnership contracts with companies, and move toward concrete action ."

For their part, company representatives expressed their interest in participating in the conference, stating that they were "there because of the developments Iraq has witnessed over the past two years, and that they will sign contracts and memoranda of understanding with Carbon Economics ."

They expressed their willingness to "contribute to building a green economy, accessing clean fuels, and cooperating in transferring expertise to specialized personnel in Iraq link

Mot: . these ""Marital Things"" Goooo on and On and

Mot:  Its Time!!!!  

Iraq Economic News And Points To Ponder Friday Morning 5-23-25

The Dollar Is Declining In Iraq. The Reasons Start With The Citizen's Pocket.
 
May 22, Information / Baghdad.. The Iraqi foreign exchange market has recently witnessed a significant decline in the dollar exchange rate, due to a combination of economic and social factors that have directly impacted demand in the parallel market.
 
Iraqi traders have begun to delay imports, driven by expectations that global prices may decline as a result of the decline in oil prices.

This has made many of them refrain from entering into large-scale commercial commitments until the economic picture becomes clearer. https://aja.ws/gh1ewq.
 
In the same context, Iraqi families have begun adopting a more cautious economic approach,
rationalizing spending and reducing consumption in anticipation of any unexpected financial developments that could impact their livelihood stability.
 
This new social behavior has also contributed to reducing demand for goods,
thereby reducing the need for hard currency.
 
In addition, government measures have played a significant role in narrowing the gap between the official and parallel dollar rates,
by expanding the network of banks that provide dollars at the official rate and facilitating import procedures in accordance with regulatory frameworks.
 
This has contributed to reducing reliance on the informal market,
especially after large shopping centers (hypermarkets) began to spread,
relying on imports according to official prices,
which provided consumers with reliable and stable alternatives https://www.ina.iq/229009--.html.
 
In this context, economic expert Safwan Qusay confirmed to Al-Maalouma News Agency that
the decline in demand from Iraqis, particularly traders,
is due to expectations of a decline in global prices due to the decline in oil prices,
which has prompted them to postpone import operations.
 
He explained that there is a near-state of hesitation regarding the import of various goods, and that
Iraqi families have begun adopting a more rational spending policy in anticipation of any future economic developments. He noted that
 
this behavior has directly contributed to reducing demand for the dollar in the informal market. Qusay added that
 
     government efforts to expand access to the official dollar exchange rate through a network of banks,
     traders' familiarity with the mechanism for importing at the official rate, and the
     proliferation of major shopping malls that import goods at the official rate
 
have all contributed to the decline in the dollar exchange rate on the parallel market. He explained that
 
these measures represent important steps towards achieving relative stability in the exchange market
and reducing the gap between the official and parallel rates,
which enhances confidence in monetary policy and the local economy https://alssaa.com/post/show/34076.

This decline in the dollar exchange rate is a positive indicator of the
effectiveness of current economic and monetary policies and
reflects a growing degree of economic awareness among citizens and traders alike.
 
If these factors continue to combine, the market is expected to witness greater stability in exchange rates in the coming period, which will enhance confidence in the national economy and support financial reform  efforts in Iraq   https://almaalomah.me/news/99427/economy/الدولار-يتراجع-في-العراق-الأسباب-تبدأ-من-جيب-المواطن   

Minister Of Finance: We Are Working To Modernize Systems And Enhance Transparency And Financial Discipline
 
Economy     May 20, 2025, 9:14 PM  Baghdad – INA  Finance Minister Taif Sami confirmed on Tuesday that the ministry is working to
 
     modernize administrative and financial systems and
     enhance transparency and financial discipline,
 
in line with the priorities of the government program and to consolidate economic stability.
 
The ministry said in a statement received by the Iraqi News Agency (INA):
 
"Minister of Finance Taif Sami received the economic team at the US Embassy in Baghdad to discuss ways of joint cooperation within the FSVC program to enhance economic and financial capabilities in Iraq." 

The statement added that "the two sides discussed mechanisms to support the general budget and aspects of technical cooperation between the ministry and the US side   in the areas of budget preparation and government accounting,  through the mechanism for implementing the program and performance budget." 

According to the statement, the Minister of Finance stressed "the importance of leveraging international expertise to support ongoing reforms," ​​noting that 
 
"the Ministry is working to
 
     modernize administrative and financial systems,
     enhance transparency and financial discipline,
 
in line with the priorities of the government program, and consolidate economic stability."

The statement continued, "The American team expressed its willingness to
 
     provide technical and advisory support, particularly in
     developing tools for preparing program and performance budgets,
     improving accounting systems, and
     developing financial information systems." The statement concluded by saying,
 
"The two parties agreed to 
     continue coordination and organize training workshops for Ministry employees in a number of technical specialties, to
     support the implementation of best practices in public finance management and
     achieving sustainable development."    https://www.ina.iq/234695--.html 

Foreign Minister: Iraq Is Witnessing An Influx Of Domestic Foreign Investments Estimated At $87 Billion 

Economy    May 19, 2025, Tehran – INA  Foreign Minister Fuad Hussein confirmed on Monday that  Iraq is currently witnessing an influx of domestic foreign investments estimated at $87 billion, while noting that Iraq is playing an active role in bringing the views of opposing countries closer together.
 
In a speech during his participation in the "Tehran Dialogue Forum" organized by the Iranian Ministry of Foreign Affairs, Hussein said, as received by the Iraqi News Agency (INA):
 
"The transformations taking place in Syria are an internal affair that concerns the Syrian people alone," 
stressing "Iraq's respect for the will of the Syrian people."  

He pointed to the "existing security interdependence between Iraq and Syria," expressing his hope that 
"Syria will emerge from the cycle of fighting and sanctions toward a better future."

 He stated that  "stabilization in the region can only be achieved through a comprehensive political process that includes all components of the Syrian people," calling for "the
 
necessity of adopting dialogue as a means of resolving conflicts."

Regarding Iraq's role in the regional scene, the Minister emphasized that
 
"Iraqi foreign policy is based on the principle of dialogue and communication," noting
 
"the effective role Iraq has played in bringing the views of opposing countries closer together."
 
Regarding the recent Arab Summit hosted by Baghdad, the Minister explained that
 
"Iraq is dealing realistically with the challenges facing the Arab world, as
several countries are experiencing internal conflicts and wars."

He emphasized that "Iraq, through its current presidency of the Arab Summit,
has taken it upon itself to play the role of mediator and propose future mechanisms for crisis management."

 He noted "there is an intention to launch initiatives in Yemen, Sudan, Libya, and other countries experiencing crises," explaining that
 
"security is the foundation of development, and  development cannot be achieved without stability."

He explained that "the leaders' presence in Baghdad during the summit sent a clear message about the
stability of the situation in Iraq and the success of its development path."
 
On the economic front, Hussein reviewed the Iraqi government's plans to diversify the economy, noting that
 
Iraq has begun investing in natural gas and expects to reach full domestic gas production by 2028. He explained that
 
the government is moving toward
 
     developing the petrochemical sector,
     activating tourism, particularly religious tourism, and
     supporting the agricultural sector. He noted that
 
Iraq is currently witnessing an influx of domestic foreign investment estimated at $87 billion,
reflecting growing international confidence in the Iraqi economy.   https://www.ina.iq/234593--87-.html   

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

Seeds of Wisdom RV and Economic Updates Friday Morning 5-23-25

Good Morning Dinar Recaps

XRP LEDGER SHARPENS COMPETITIVE EDGE WITH FRESH STABLECOIN ADDITIONS OF EURØP, USDB, AND XSGD

The XRP Ledger (XRPL) just made a major leap forward in the global stablecoin race, with three new fiat-backed stablecoins—EURØP, USDB, and XSGD—joining its ecosystem this week.

This marks a significant expansion of XRPL’s role as a preferred blockchain for cross-border financial transactions and fintech innovation, thanks to its low fees, fast finality, regulatory readiness, and native real-world asset support.

1. EURØP: MiCA-Compliant Euro Stablecoin

On May 22, EURØP, issued by Schuman Financial, became the first MiCA-regulated euro stablecoin on XRPL.

• Fully backed by reserves held at top-tier European banks.

• Audited by KPMG.

• Issuer licensed by France’s ACPR (Banque de France).

“This will give Europe and euro-denominated financial markets an integral infrastructure for the next wave of financial innovation, which is happening on-chain,” said Martin Bruncko, CEO of Schuman Financial.

2. USDB: New USD Option for Brazil

Also on May 22, Brazilian fintech Braza Group launched USDB, a USD-backed stablecoin on XRPL, adding to its earlier BBRL token.

• Braza CEO Marcelo Sacomori sees USDB as a hedge for Brazilians against local currency volatility.

• Projected to reach 30% market share of Brazil’s USD-pegged stablecoin segment by end of 2026.

“New pathways for global currency settlement” will drive the token’s adoption, said Sacomori.

3. XSGD: Singapore’s Stablecoin Comes to XRPL

XSGD, backed 1:1 with reserves at DBS Bank and Standard Chartered, officially launched on May 19.

Issued by StraitsX, a key digital payments provider in Southeast Asia, XSGD is aimed at:

• Financial institutions,

• Startups, and

• Developers seeking fast, low-cost, compliant-ready digital transactions.

“Regulated stablecoins like XSGD will serve as the foundation for borderless, real-time financial services,” said Liu Tianwei, Co-Founder and Deputy CEO of StraitsX.

📈 A Growing Stablecoin Hub

The XRP Ledger is rapidly positioning itself as a stablecoin hub, now offering options for euro (EURØP), U.S. dollar (USDB), and Singapore dollar (XSGD) transactions—each backed by fully regulated, real-world banking infrastructure.

@ Newshounds News™
Source:  CryptoSlate

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BRICS NEWS: MAJOR UPDATE ON TEN-YEAR DE-DOLLARIZATION PLAN

Amid rising global tensions and economic uncertainty, the BRICS alliance has issued a surprising update on its decade-long de-dollarization strategy, signaling a potential shift in tone and expectation for the US dollar's global role.

Background: BRICS vs. the Dollar

• The BRICS bloc (Brazil, Russia, India, China, South Africa) has spent the last few years pushing to reduce global reliance on the US dollar, aiming to launch its own trade currency.

• This effort has faced intensifying pressure in 2025 as US President Donald Trump, now in his second term, responded with 150% tariffs on BRICS nations, citing their anti-dollar efforts.

New Outlook: Dollar May Stay on Top

Despite the hostile rhetoric and early-year momentum toward dollar alternatives, Brazil, which holds the 2025 BRICS chairmanship, has made a startling admission:

“There is no realistic prospect of any currency overtaking the US dollar’s dominance over the next decade,” said Nilton David, Brazil’s Monetary Policy Director.

• This represents a major pivot from Brazil’s previous stance as a vocal proponent of full-scale de-dollarization.

• David acknowledged only a small chance of meaningful change in USD dominance by 2035.

Key Takeaways

• BRICS is not abandoning the de-dollarization agenda, but it's tempering expectations.

• The US dollar is still under threat from global dissatisfaction, but full replacement appears unlikely in the near future.

• This could signal a strategic shift: instead of dethroning the dollar, BRICS may now focus on creating a competitive alternative for trade and finance.

The Road Ahead

The "America First" and protectionist policies of the Trump administration have contributed to falling confidence in the greenback, yet they have not yet accelerated BRICS’ efforts to build an immediate replacement.

💬 The question now: Will BRICS build a viable alternative to compete, even if not to replace the US dollar?

@ Newshounds News™
Source:  Watcher Guru

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News, Rumors and Opinions Friday AM 5-23-2025

Baking a Gigantic Currency Crisis into the Cake – John Rubino

By Greg Hunter’s USAWatchdog.com 

Analyst and financial writer John Rubino has a new warning concerning Trump’s “Big Beautiful Bill” making its way through Congress and Moody’s downgrade of US debt. 

 The Big Beautiful Bill is going to explode the debt by $20 trillion in the next 10 years, and the credit downgrade has people like billionaire investment fund founder Ray Dalio worries about money printing to pay the $1.5 trillion in interest on federal debt. 

 Rubino warns, “The story with Moody’s downgrade isn’t that they did it, that they moved the US from triple A (Aaa) to one notch below (Aa1).  It’s kind of insane that a government with 125% of GDP has an investment rating at all.  Right?  They are clearly baking a gigantic currency crisis into the cake. 

Ray Dalio gets it right.  The rating agencies excuse or explanation for why the US still has an investment grade credit rating is that a country with a printing press can never default because it can just print enough money out of thin air to pay interest on its bonds, and it can do that forever.  

So, it’s triple A credit, which does not make any sense at all because if you just print a lot of money out of thin air to pay your debts, then your currency goes down in value, and you are paying back your creditors with depreciating currency, which is a form of default. 

The credit rating agencies are only looking at one kind of default where we just stop paying.  They are not looking at paying with cheaper currency year after year, and we stiff our creditors that way. 

 That’s why you don’t want to own Treasury bonds.  They are not going to stop paying interest, but the interest will not cover inflation going forward.  So, you will have a net real loss until they just crater, and then you will have a massive capital loss.”

On top of that, interest rates have been rising and not falling.  The 30-year mortgage rate is now just under 7% again.  Rubino says, “We went back up to unsustainable interest rates really quickly. . . . The Fed has promised a couple of rate cuts this year, and for interest rates to go up while the Fed is inferring easing means we are risking losing control of the financial markets. 

If the Fed can’t control interest rates, we are monumentally screwed as a financial system.  That’s kind of what we are headed for now.  In the US, interest rates are going back up, but if you want to look at an extreme case, look at Japan.  They don’t just have 30-year bonds, they have 40-year and 50-year bonds and those are cratering, which is to say the interest rates on those bonds are spiking.

  Long term Japanese bonds used to be 0%.  Now, they are 3% and change. . . . That change is huge.  So, Japan, the US, Europe, the UK and China, all of these big countries are basically making the same mistakes, and they are all headed in the same direction. 

We are in the early stage of a currency death spiral where interest rates start to go up and the government can’t control that and then their debt goes parabolic . . . and this goes until everything breaks down.  We are in the third inning of that game, and the last couple of innings are going to be hair raising.  There are going to be currency crises, which we have never seen in our lifetimes. . . . It will be fun times if you are a gold bug.”

Rubino thinks gold will go up in price way over $10,000 per ounce, and he also expects silver to take off too.  Rubino says, “Silver is a great story because it is an industrial metal that is in deficit.  Industrial uses are taking more silver off the markets than what they are producing, and that is going to lead to a shortage.  Even if you don’t look at silver as a monetary metal, the industrial demand makes it a buy right now.”

There is much more in the 46-minute interview.

Join Greg Hunter as he goes One-on-One with financial writer John Rubino of the popular site called Rubino.Substack.com for 5.20.25.

https://usawatchdog.com/baking-a-gigantic-currency-crisis-into-the-cake-john-rubino/

https://dinarchronicles.com/2025/05/22/greg-hunter-w-john-rubino-baking-a-gigantic-currency-crisis-into-the-cake/

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
The IMF is back and they're in the news today.  They're saying we are in need of urgent economic reforms.  They said we also need the funds in order to make all these reforms.  

Mnt Goat   I have to keep asking just how much longer before the U.S. will sign off on this RV event and allow IRAQ to normalize their currency. We heard a lot of news about the crushing of the parallel market.  We suspect to hear shortly that it has matched the “official” CBI rate. This is coming. ...We know the first step to the currency reform of normalization, is the issuing of the newer lower denominations ...WE should know it is coming and my CBI contact is on the committee to help orchestrate this event, when the committee is told to go ahead.  

$7.6 Trillion Debt Wall Hits as US Scrambles For Buyers

Taylor Kenny:  5-22-2025

The U.S. faces a $7.6 trillion debt wall and no one wants to lend.

The dollar’s credibility is spiraling, and central banks are buying gold. What does this mean for your savings and retirement?

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

MilitiaMan and Crew: Iraq Dinar News Update-Confidence-Stability-Exchange Rate-Purchasing Power-Cyber Security-Media

MilitiaMan and Crew:  Iraq Dinar News Update-Confidence-Stability-Exchange Rate-Purchasing Power-Cyber Security-Media

5-22-2025

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=iymce2o9XaM

Iraq Economic News And Points To Ponder Thursday Afternoon 5-22-25

Central Bank: A Comprehensive Five-Pronged Plan To Combat Money Laundering

Banks  Economy News – Baghdad  The Central Bank announced on Thursday that it has put in place preventative measures to combat money laundering across various sectors, while noting that there is international cooperation at the strategic level involving international organizations.

Hussein Ali, Deputy Director General of the Central Bank's Anti-Money Laundering and Combating the Financing of Terrorism Office, said, "The crime of money laundering is linked to the extent of the predicate crime being committed domestically, as well as to the extent of preventative measures taken by the state."

He explained that, "Based on a comprehensive assessment of the anti-money laundering and counter-terrorism financing system, weaknesses in this system were identified, where they are being exploited, which sectors are being exploited in money laundering, and which predicate crimes are most commonly committed."

He added, "After identifying these crimes and the points where money laundering occurs, mitigating measures were put in place to address the risks of money laundering through these sectors."

He continued, "Easing measures have been put in place in the real estate sector, with real estate sales being conducted through the banking sector. Special measures have also been put in place in the gold sector, with financial institutions enforcing stricter controls on gold transfers."

He pointed out that "electronic cards, which were exploited by some unscrupulous individuals for foreign withdrawals, were used to benefit from the exchange rate or to move illegal funds. This phenomenon has been curbed and mitigated by establishing controls and updating the limits on these cards so that they are no longer useful to those who make foreign withdrawals."

He emphasized that "all these treatments are based on a real evaluation process with very precise results, which helped ensure that the treatments were specific and focused."

He noted that "the Anti-Money Laundering Law addresses all these sectors, and there are international and national studies that identify new trends pursued by money launderers. Every time a new method is added, countries implement preventative measures for it."

He explained that "one of the methods also includes registering fake companies, and there are procedures in place for this in cooperation with the Companies Registration Department, including the process of identifying the real beneficiary of these companies, which is a very important matter to prevent the use of front companies for these companies."

He pointed out that "the Iraqi state took appropriate measures, and even when it was evaluated by the Financial Action Task Force, the evaluation result regarding the beneficial owner issue was appropriate for Iraq's situation."

He pointed out that "all measures taken are based on a risk-based approach, so that when there are risks, measures are taken to address them, while private transactions involving citizens are not complicated."

He emphasized that "all countries in the world cooperate in the field of combating money laundering through multiple channels, and in the Anti-Money Laundering Office we have counterpart offices called counterpart units."

He explained that "information is exchanged with these units without any conditions, and without the involvement of diplomatic bodies such as the Ministry of Foreign Affairs or the intelligence service."

He stated that "there is international cooperation at the strategic level through reports and through our participation in relevant international organizations," noting that "regarding our work, we conduct an investigation, and after completing the file, it is referred to the judiciary, and we say that this person carried out a money laundering operation, and took out the funds of such-and-such state, and this money reached such-and-such a value, and is present in such-and-such accounts, and after that, there is official judicial cooperation from one judiciary to another for the purpose of seizing and confiscating the funds."  https://economy-news.net/content.php?id=55722

The Association Of Private Banks Holds A Specialized Workshop On "Control Guidelines For Internal Assessment Of Capital Adequacy Standards"

Advisor to the Association of Banks, Samir Al-Nusairi  Banks  Economy News – Baghdad  The Iraqi Private Banks Association held a specialized workshop on the subject of regulatory controls for the internal assessment of capital adequacy standards.

The seminar hosted representatives of the Central Bank, including the relevant managers of the Banking Supervision Department at the Central Bank, and was attended by representatives of all commercial and Islamic banks, including the directors of risk, compliance, credit, internal and financial audit, and members of the boards of directors who are members of the Risk Committee.

The workshop was moderated by the Association of Banks' advisor, Samir Al-Nusairi, who spoke about the objectives of regulatory standards for capital adequacy in accordance with the requirements of the Basel Committee's second pillar to secure a capital buffer to mitigate risks. He emphasized the need to strengthen and improve corporate governance in banks based on the Environmental and Social Standards Guide issued in 2024.

He pointed out that the comprehensive banking reform project, which the Central Bank is working to implement in cooperation with the global consulting firm Oliver Wyman, is sponsored and supported by the government.

Central Bank representatives Ali Abdul Aziz and Hussein Reda spoke about the details of the regulations and tasks required of banks, as well as the procedures and timelines required to implement the regulations over the coming year.

The attendees discussed the regulations and observations that required clarification and answers from the Central Bank. These were answered by Central Bank representatives. At the conclusion of the workshop, it was decided to form a permanent joint working group between the Central Bank and the banks to follow up on implementation and address any obstacles that may hinder implementation.

Specialized workshops and training courses will also be held for relevant leadership cadres on the boards of directors and executive management at banks to ensure accurate implementation and application of the regulations.   https://economy-news.net/content.php?id=55727

Rafidain: Extension Of The Period For The Sale Of National Bonds - The Third Issue

Economy | 05:40 - 05/22/2025  Mawazine News – Baghdad Rafidain Bank announced today, Thursday, the extension of the sale period of the third national bond issue until June 3, 2025, in response to the growing demand from citizens for this type of financial instrument, and in accordance with the directives of the Ministry of Finance and the Central Bank of Iraq.

The bank explained in an official statement that this extension comes within the framework of supporting the culture of national savings and encouraging safe investment, in addition to contributing to financing economic development projects within the country.

The statement indicated that two types of bonds are available to investors:

• First bond:
• Nominal value: 500,000 Iraqi dinars
• Annual interest: 8%
• Investment period: two years
• Payment mechanism: Interest paid semi-annually

• Second bond:
• Nominal value: 1,000,000 Iraqi dinars
• Annual interest: 10%
• Investment period: four years
• Payment mechanism: Interest paid semi-annually

The bank called on citizens wishing to invest their savings in guaranteed instruments with a fixed return to visit the nearest Rafidain Bank branch to take advantage of the available opportunity before the specified period ends.   https://www.mawazin.net/Details.aspx?jimare=261796

The Prime Minister Announces The Launch Of The National Security Strategy (2025-2030)

Thursday, May 22, 2025 15:07 | Umniah Number of reads: 347   Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani announced the launch of the National Security Strategy (2025-2030).

According to a statement by his media office, Al-Sudani congratulated the national elite who were appointed from all state institutions to implement this strategy, stressing his serious support for the implementation of this task.

The Prime Minister stressed that the importance of this strategy lies in its protection of the supreme interest of the country, building a diversified and sustainable development economy, and adopting a service system that matches the aspirations of the people.

He said that we all bear the responsibility of building our homeland, protecting it and its sanctities in accordance with a fully sovereign and secure Iraq to achieve stability and development. https://ninanews.com/Website/News/Details?Key=1228435

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

Seeds of Wisdom RV and Economic Updates Thursday Evening 5-22-25

Good Evening Dinar Recaps,

XRP LEDGER BREAKS GROUND WITH ITS FIRST MICA-REGULATED EURO STABLECOIN

Schuman Financial’s EURØP has officially become the first euro-denominated stablecoin to satisfy the European Union’s Markets in Crypto-Assets (MiCA) regime—while launching natively on the XRP Ledger (XRPL).

Launched from Paris on 22 May, this historic development ties MiCA-grade legal certainty to a blockchain that has already processed over 3.3 billion transactions in its 12-year existence.

“EURØP on the XRPL combines the resilience of a global blockchain with euro-native liquidity and compliance at its core,” said Martin Bruncko, founder and CEO of Schuman Financial. “This will give Europe and euro-denominated financial markets an integral infrastructure for the next wave of financial innovation, which is happening on-chain.”

XRP Ledger And Why MiCA Status Matters

MiCA’s stablecoin provisions, which govern e-money tokens (EMTs) like EURØP, came into effect on 30 June 2024. These rules demand:

• Full 1:1 fiat backing

• Daily redeemability

• Bankruptcy-remote reserves

• Authorization by an EU regulator

Schuman Financial is licensed by the French ACPR as an EMT issuer. Its reserves are audited by KPMG and held at Société Générale and other top-tier banks.

While only a few issuers—Circle’s USDC and EURC, Société Générale’s EURCV, and about a dozen niche firms—have cleared MiCA’s high bar, EURØP is the first to do so on the XRP Ledger.

Historically, XRPL’s native DEX, rapid finality, and low fees made it a stronghold for IOU-based fiat tokens. However, EURØP now brings a fully MiCA-compliant euro stablecoin to that ecosystem for the first time.

The Strategic Importance of EURØP

Euro stablecoins currently make up just 0.15% of the $232 billion global stablecoin market—about $338 million as of April 2025. Still, they are now a strategic priority for European banks and fintechs, thanks to MiCA’s passportable legal framework.

For payment firms and corporate treasurers, EURØP delivers:

• Programmable settlement

• Transfers in 3–5 seconds

• Transaction costs of a fraction of a cent

• Full EU regulatory compliance

According to Schuman Financial, EURØP will support:

• DeFi lending pools

• Automated foreign-exchange corridors

• On-chain euro legs for tokenized real-world assets (RWAs)

These use cases align with MiCA’s framework—especially when firms file for a “significant” EMT designation with the European Banking Authority.

“The launch of EURØP on the XRP Ledger demonstrates how stablecoins can meet the high standards set by MiCA while unlocking new possibilities for on-chain payments and RWA tokenization,” said Cassie Craddock, Ripple’s Managing Director for UK & Europe.

@ Newshounds News™
Source:  Bitcoinist

~~~~~~~~~

SENATORS PLAN TO AMEND GENIUS ACT TO ADDRESS TRUMP FAMILY'S STABLECOIN

Senate Democrats, led by Chuck Schumer, Elizabeth Warren, and Jeff Merkley, are preparing to introduce an amendment to the GENIUS Act aimed at blocking U.S. presidents from profiting from stablecoins, in direct response to the Trump family’s involvement in crypto.

On May 20, the Senate voted to advance the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act)—after failing a procedural vote on May 8. The new amendment is designed to add anti-corruption guardrails, especially in light of Trump’s ties to the stablecoin USD1 and the crypto platform World Liberty Financial (WLFI).

“Passing the GENIUS Act without our anti-corruption amendment stamps a Congressional seal of approval on Trump selling access and influence to the highest bidder,” said Senator Jeff Merkley on X (May 22).

Trump Family Crypto Ties Under Fire

Trump and his three sons are linked to World Liberty Financial, which launched the USD1 stablecoin in March. Critics argue that Trump stands to personally benefit from legislation recognizing such stablecoins as official financial instruments.

A $2-billion investment in Binance, funded by an Abu Dhabi-based firm using USD1, could potentially generate profits for the Trump family via transaction fees.

While WLFI co-founder Zach Witkoff dismissed the allegations as “flawed,” Democratic lawmakers have called for investigations into these potential conflicts of interest.

More Than Just Stablecoins: The Memecoin Dinner Backlash

Democrats also took aim at a separate controversy: a private dinner hosted by Trump at his golf club on May 22 for up to 220 top holders of his personal memecoin.

• Senators Merkley and Warren, alongside Senator Chris Murphy and Public Citizen, held a press conference and are demanding Trump release the dinner guest list.

• Progressive advocacy group Our Revolution joined Public Citizen in protesting the event.

 “What is happening tonight — this private, secret dinner — in which individuals who have put money in Donald Trump’s pocket, get access to him, is maybe the most corrupt of all the corruption,” said Senator Chris Murphy.

Murphy further alleged the attendees could be buying access to influence national security policy—especially as many of them remain anonymous and some are reportedly foreign nationals.

📝 The proposed amendment to the GENIUS Act represents a major push to regulate not only stablecoins but also potential political conflicts arising from crypto adoption at the highest levels of U.S. government.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

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Gold and the Great American Monetary Resets: From 1792 to Today

Gold and the Great American Monetary Resets: From 1792 to Today

by Nick Giambruno

Gold has been at the heart of the US monetary system since the nation’s founding, evolving from a direct anchor for the dollar to a strategic reserve asset.

Though it no longer backs the dollar, gold remains a cornerstone of central bank reserves, a discreet but powerful force in global finance.

Throughout American history, monetary resets have been a recurring theme—and more often than not, they have revolved around gold because gold is money.

Understanding this history isn’t just about the past—it’s about the future. And if history is any guide, another reset may be coming sooner than most expect.

1775: Continentals and the American Revolution

Before the Revolution, gold and silver coins were the backbone of trade in the American colonies.

When war broke out, the Continental Congress lacked the authority to levy taxes, forcing them to seek an alternative way to finance the war.

In 1775, Congress began issuing “Continental Currency”—the first fiat paper money in US history. These notes, known as “Continentals,” were supposed to be redeemable in gold and silver after the war, but that promise lacked credibility.

Continentals quickly became worthless amid hyperinflation. The phrase “Not worth a Continental” became synonymous with worthlessness.

By 1781, Continentals had lost over 99% of their value, and the US government effectively abandoned them, leaving holders with massive losses.

This disaster deepened distrust in fiat money and cemented the belief among the Founders that gold and silver must be the foundation of any stable monetary system.

1792: The Coinage Act and the Birth of the US Monetary System

After the disastrous failure of Continental Currency, the Coinage Act of 1792 created the first official US monetary system, ensuring stability by tying the dollar to both gold and silver.

Gold was set at $19.39 per ounce, while silver was also legal tender.

The Founders aimed to prevent another Continental-style collapse by anchoring the currency to hard money.

The First Bank of the United States (1791–1811)

The First Bank of the United States, the nation’s first central bank, was established under the leadership of Alexander Hamilton to stabilize the economy, issue a national currency backed by gold and silver, and manage federal deposits.

However, it quickly became a political flashpoint, facing fierce opposition from Thomas Jefferson and states’ rights advocates, who feared it concentrated too much financial power in the hands of the federal government.

When the bank’s 20-year charter expired in 1811, Congress refused to renew it.

The Second Bank of the United States (1816–1836)

In the wake of the financial chaos following the War of 1812, the US established another central bank, the Second Bank of the United States, in 1816.

Like its predecessor, it was designed to regulate credit, stabilize the currency, and hold federal deposits.

However, it quickly became a political lightning rod, particularly under President Andrew Jackson, who saw it as a corrupt institution that served elite interests at the expense of ordinary Americans.

Jackson vetoed its recharter in 1832, waged a successful campaign against it, and ultimately dismantled the bank in 1836.

Read entire article here:  https://internationalman.com/articles/gold-and-the-great-american-monetary-resets-from-1792-to-today/

Thursday Evening News with MarkZ. 05/22/2025

Thursday Evening News with MarkZ. 05/22/2025

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 evening Mark, mods and everyone

Member: What have you heard today Mark?

MZ: No updates from the banking side. From the bond side I had 1 of 3 check in……the update that I got was simply “money next week” with a thumbs up .

MZ: I don’t know what that means….or any details. But I will take that as positive.

Member: What are the chances of the RV being a float rather than a shotgun start?

MZ: I think slim to none but will not completely rule it out.

Member: Sudani said before his term ends they would bring the dinar back to its former Glory

MZ: His term ends in November. I think he will make this happen. But I do not believe we will be waiting that long.

Member: Barzani met with U.S. Deputy Secretary of the Treasury Bradley Smith in Washington on Thursday to discuss financial reforms and digital modernization efforts by the Kurdistan Regional Government!

MZ: “Iraq seals major oil deal with Chinese company”  International. We have been talking about all the deals they have signed with many countries.

MZ: “Iraq signs a contract with Russia’s Gazprom to raise oil and gas production rates in Badra field” Maximizing output. More output means more dollars.

Member: MARK Z. if Iraq is indeed doing international business, I wonder what exchange rate are they using?

MZ: ”90% of Iraq’s money supply is held outside of the banks” This is according to the Prime ministers advisor. This is massive . They do not want to let go of their currency. Why are they hoarding dinar? I think they know why they are hoarding.

MZ: I loved seeing this one from zerohedge: “Gold and the great American monetary resets from 1792 to today”  This is a great history lesson how every time we went to fiat….we had to reset.

MZ: I do have one small bank story this evening. “Mark, in April our small credit union in Louisiana shut down all its branches and all online access for software upgrades. We were warned for a month in case we needed to withdraw cash during their downtime. The day that the bank was reopened we went to the main branch to withdraw some cash. There was no one there…not a car in the parking lot. We drove to the drive-through and all the kiosks were gone. Just one big, brand new fancy ITM . Using my bank debit card- I inserted it to initiate the withdrawal. The screen noted the card description was in USD and processed the withdrawal as usual. I have never seen an ATM describe what currency my card was linked to. “

MZ: Some of the biggest hotel chains in the world are also setting up to take dinar, dong, rupiah and others. Why do you think this is?

Member: If you could guess Mark, what do you think is holding this up?

Member: Charlie Ward put out a clip that said the "Big Beautiful Bill" is a gateway to the RV. I pray he's right.

MZ: I agree that this bill could be the gateway to Nesara.

Member: Big Beautiful bill doesn't go to senate until July...hope we don’t need to wait for that ?

Member: As each day passes prolonging this, I find myself looking harder for my sanity.

Member: I don’t think this is being held up at all. I think we are just focusing on one of the many pieces in play. All is going according to perfection. It IS and has been moving very fast now. Imo

Member: Remember this is a 3 day weekend

Member: Take time this weekend to remember those that gave all for the Constitution

Member: Whaddya think...long weekend = RV ???

 Member” It could be a great memorial day weekend

Member: Have a Blessed Evening Mark, & Mods. y'all Awesome!!

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

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:   https://www.youtube.com/watch?v=FaQES39st1Y

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 5-22-25

Good Afternoon Dinar Recaps,

BRICS: STANDARD CHARTERED, DEUTSCHE BANK PREDICT US DOLLAR’S FUTURE

Amid the ongoing BRICS de-dollarization agenda, global leading banks Standard Chartered and Deutsche Bank have provided the latest insights on the US dollar’s future prospects.

The two banks remain bearish on the greenback due to various macroeconomic factors. These trillion-dollar institutions are now questioning the profitability of US-backed financial assets on a global scale.

The US-backed assets, especially the dollar, which was once the bedrock of all global finances, is slowly drifting away after BRICS kick-started the de-dollarization initiative, and Standard Chartered and Deutsche Bank are taking notice of the drastic changes that have occurred in the markets since three years ago.

BRICS: The US Dollar’s Future Is in Danger, Say Standard Chartered & Deutsche Bank

Standard Chartered and Deutsche Bank wrote in their latest report that the US dollar is in danger, not just from BRICS, but from everyone.

“The dollar weakness story is not over,” wrote Standard Chartered Global FX head Steve Englander. The strategist explained that the new trade policies have caused a long-term strain, eroding confidence in the White House.

Following Standard Chartered’s warning, Deutsche Bank wrote that the US dollar would face trouble not only from BRICS but from within.

Deutsche Bank analysts warned that Trump’s tax-cut bill would add $3 trillion to $5 trillion to the nation’s fiscal debt. This projection estimates that the extended debt could be added over the years.

As of May 2025, America’s debt stands at $36.2 trillion and is spiraling out of control.

“The combination of diminished appetite to buy US assets (from BRICS and others) and the rigidity of a fiscal process that locks in very high deficits is what is making the market very nervous (on the dollar),” wrote George Saravelos, Global Head of FX Research at Deutsche Bank.

Therefore, both Standard Chartered and Deutsche Bank are bearish on the prospects of the US dollar, as global demand weakens and fiscal instability intensifies.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

US LAWMAKER INTRODUCES ANTI-CORRUPTION BILL AHEAD OF TRUMP'S DINNER

Donald Trump is preparing to host up to 220 people at his golf club, with access tied to his memecoin purchases.

California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block [Donald] Trump’s memecoin and stop his crypto corruption.”

In a May 22 notice, Waters said the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act of 2025 bill would be aimed at blocking the US president, vice president, members of Congress, and their families from engaging in “crypto crime.”

The US lawmaker referred to Trump and his wife, Melania, issuing personal memecoins in January, his family launching a stablecoin, USD1, through the crypto platform World Liberty Financial, and the president attempting to establish a national Bitcoin reserve as his sons back a BTC mining venture.

“Donald Trump is preparing to dine with the top donors of his memecoin who’ve made him, and his family, richer,” said Waters, adding:

“Trump’s crypto con is not just a scam to target investors. It’s also a dangerous backdoor for selling influence over American policies to the highest foreign bidder.”

Waters’ bill was one of many actions announced to oppose the president’s dinner to reward memecoin holders. Senators Chris Murphy and Elizabeth Warren are expected to attend a press event with representatives for the consumer advocacy group Public Citizen, and two Democratic organizations are set to protest at the Trump National Golf Club outside Washington, DC, where the memecoin dinner will be held.

Majority of participants have stayed anonymous ahead of dinner

The number and names of attendees to the May 22 dinner were still largely unknown, but several revealed their intentions through social media and news outlets to apply for background checks and meet the president.

Bloomberg reported that more than half of the participants eligible for the dinner and “VIP Tour” — a separate experience limited to the top 25 memecoin holders — were likely foreign nationals.

Among those claiming to attend included:

• Tron founder Justin Sun

• Hyperithm co-CEO Oh Sangrok

• Kronos Research CIO Vincent Liu

• Synthetix founder Kain Warwick

Sun posted to X on May 21, showing himself appearing to gain access to the Eisenhower Executive Office Building in Washington, DC, part of the White House compound.

Addressing members of the press on May 22, White House Press Secretary Karoline Leavitt said Trump was attending the dinner “in his personal time.” 

She denied that the event would take place at the White House, despite the memecoin project’s website previously stating the top 25 holders would be eligible for a tour of the government building.

Since the launch of the TRUMP memecoin on Jan. 17, many lawmakers and industry figures — including some generally supportive of Trump’s policies — have criticized the project.

In a May 20 article, the Wall Street Journal Editorial Board called on the White House to disclose the names of those attending the dinner, adding that Trump would “help himself by calling off his Thursday gala.”

Two organizations behind the TRUMP token are tied directly to the president and control roughly 80% of the total supply, opening up the potential for a rug pull in the future. In the previous 24 hours, the price of the memecoin has risen more than 11%, to $15.76 from $14.13.

@ Newshounds News™
Source: Cointelegraph 

~~~~~~~~~

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