Confidence Is Breaking Down In US Bond Market
Confidence Is Breaking Down In US Bond Market | David Morgan
Liberty and Finance: 5-30-2025
David Morgan discusses Florida's recent decision to recognize gold and silver as legal tender, calling it a bittersweet win due to restrictive language in the bill that limits the use of widely trusted government-minted coins.
He emphasizes that while such laws are largely symbolic, they can serve as important educational tools and first steps toward practical sound money usage.
Confidence Is Breaking Down In US Bond Market | David Morgan
Liberty and Finance: 5-30-2025
David Morgan discusses Florida's recent decision to recognize gold and silver as legal tender, calling it a bittersweet win due to restrictive language in the bill that limits the use of widely trusted government-minted coins.
He emphasizes that while such laws are largely symbolic, they can serve as important educational tools and first steps toward practical sound money usage.
Morgan explains the challenges in using precious metals for everyday transactions and suggests solutions like state depositories and debit cards backed by gold and silver.
He also warns of growing cracks in the Treasury bond market, which he believes signal a deeper systemic issue tied to the fragility of a debt-based financial system.
The conversation ends with Morgan sharing updates on his upcoming documentary and encouraging grassroots efforts to spread awareness about the importance of sound money.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Florida gold & silver legal tender legislation
10:08 Federal legal tender legislation
13:30 US Treasury bond market
20:30 Preparedness
Iraq Economic News And Points To Ponder Saturday Afternoon 5-31-25
Al-Sudani To A Member Of Congress: It Is Necessary To Build A Comprehensive Vision For Iraq That Keeps Pace With Economic Transformation And Development.
Time: 2025/05/31 Read: 1,215 times {Local: Al Furat News} Prime Minister Mohammed Shia al-Sudani received today, Saturday, Senator Jacky Rosen, a member of the Armed Forces Committee and the Foreign Relations Committee in the US Congress, and her accompanying delegation, in the presence of the Chargé d'Affaires of the US Embassy in Iraq.
Al-Sudani To A Member Of Congress: It Is Necessary To Build A Comprehensive Vision For Iraq That Keeps Pace With Economic Transformation And Development.
Time: 2025/05/31 Read: 1,215 times {Local: Al Furat News} Prime Minister Mohammed Shia al-Sudani received today, Saturday, Senator Jacky Rosen, a member of the Armed Forces Committee and the Foreign Relations Committee in the US Congress, and her accompanying delegation, in the presence of the Chargé d'Affaires of the US Embassy in Iraq.
A statement from his office, a copy of which was received by {Euphrates News}, stated that: “The meeting discussed the overall Iraqi-American relations and ways to strengthen them in a way that serves common interests, Iraq’s progress in economic recovery, and confirms regional stability.”
Al-Sudani pointed to "the importance of deepening relations with the United States in various fields, continuing bilateral dialogue based on mutual respect, and affirming Iraq's sovereignty and shared values, within the framework of the agreements and strategic partnership between the two friendly countries."
He also highlighted the "need to build a comprehensive vision for Iraq in light of the scale of the economic and developmental transformation taking place in Iraq."
For her part, Senator Rosen affirmed her country's "commitment to building sustainable relations with Iraq," praising "the progress being witnessed in Baghdad and other Iraqi cities, and the Iraqi government's ability to avoid regional conflicts, which underscores Iraq's pivotal role and its growing importance in the region." LINK
What Is The Truth About Stopping The Use Of Electronic Payment Cards?
Banks Economy News – Baghdad Rafidain Bank categorically denied, on Saturday, reports circulating about the suspension of electronic payment cards.
A statement from Rafidain Bank received by Al-Eqtisad News stated, "There is no truth to the circulating news regarding the suspension of electronic payment cards, and no decision has been issued by Mastercard or any relevant official body regarding their suspension."
He explained that "all MasterCard and Visa cards issued by the bank are operating fully and normally inside and outside Iraq."
He pointed out that "Rafidain Bank's digital banking system continues to provide its services without any disruption, and that the bank is committed to ensuring a stable and secure banking experience for its customers at all times."
According to the statement, the bank called on citizens "not to be drawn into malicious rumors and to rely exclusively on news and updates from the bank's official sources." https://economy-news.net/content.php?id=56057
The Prime Minister Confirms Support For The Industrial Sector And Iraqi Goods By 18% Of The Product Value
Economy | 01:17 - 05/31/2025 Mawazine News – Baghdad Prime Minister Mohammed Shia Al-Sudani affirmed the government's support for the industrial sector in developing production and reducing unemployment, while pointing out the commitment to support manufactured goods inside Iraq with 18% of the product's value for export abroad.
The Prime Minister's media office said in a statement received by Mawazine News that "Prime Minister Mohammed Shia Al-Sudani inaugurated, today, Saturday, the factories of the United Arab Food Industries Company Limited, located in Mahmoudiya District, south of Baghdad on the international highway."
The statement added that "the Prime Minister toured the company, its factories and administrative departments, met with its employees, and listened to a detailed explanation of the company's products and the level of production, which represents the first phase of work, and the challenges it faces."
According to the statement, the Prime Minister praised "the efforts of those in charge of the company and its employees," stressing "the government's readiness to provide all facilities and services in order to move to the second phase of expansion in work and production."
He praised the factory, "which represents one of the milestones we are proud of, as it was constructed to modern specifications," stressing "our commitment to supporting the private sector's successful experiences in establishing modern production lines, and as a true partner in advancing the national economy." https://www.mawazin.net/Details.aspx?jimare=262064
Government Advisor: Iraq Is Third In The Arab World In Cards
Economy | 11:02 - 05/31/2025 Mawazine News - Baghdad - The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed today, Saturday, that Iraq's ranking as third in the Arab world in the number of bank cards issued is an important indicator of the development of the financial sector and the growing community and international confidence in government measures.
Salih said in a press statement to the official agency, followed by Mawazine News, that "Iraq will enter the era of fully electronic collection in the middle of this year, and this matter enhances the confidence of financial institutions and global investment banks that Iraq is moving towards a more transparent and professional economy with advanced methods that guarantee economic prosperity."
He added that "electronic collection will also give the impression that the Iraqi financial environment has become more prepared to receive financial technology solutions and investments in the digital banking and insurance sectors in an attractive and accelerated manner," noting that "this step reflects the strategic government effort seeking to modernize the financial infrastructure and facilitate non-cash transactions."
He continued, "Iraq ranked third in the Arab world in the number of bank cards issued, which is an important indicator of the development of the financial sector and the growing community and international confidence in government measures."
He indicated that "the government is actively pursuing digital financial transformation to achieve advanced levels of sustainable development, in accordance with the indicators of the National Development Plan 2024-2025 and the current government program."
He explained that "the progress achieved by Iraq in the field of using digital banking payments undoubtedly indicates the extent of the accelerated strategic progress achieved in spreading the use of bank cards and the beginning of achieving a structural transformation in the Iraqi economy towards a digital economy."
He stated that "utilizing modern technology will enable Iraq to achieve qualitative leaps in financial inclusion, maximize added value in the national economy, reduce poverty and unemployment, and facilitate economic reforms on a broader scale."
He pointed out that "this matter is also a major success for the government program related to e-governance and the implementation of an integrated and basic digital infrastructure in preparation for the transition to a digital economy and broad financial inclusion." https://www.mawazin.net/Details.aspx?jimare=262062
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
11 Guidelines For Using Cash In Your Budget
11 Guidelines For Using Cash In Your Budget
Written by Sam
Here’s how to tell in which categories you should use cash.
1. You Don’t Have To Use Cash For Everything
To reap the benefits of using cash in your budget, you don’t have to go exclusively to cash. Some may choose to go exclusive, but it’s not necessary. Instead, identify which categories will be most effective for using cash using the tips below. You should use cash for categories where either you tend to overspend or where there are a lot of transactions in a month.
Groceries are a main perpetrator of both those criteria which is why I absolutely recommend funding that category with cash. Other problem categories are ones relating to household spending (light bulbs, cleaning products, etc), eating out, personal, and entertainment.
11 Guidelines For Using Cash In Your Budget
Written by Sam
Here’s how to tell in which categories you should use cash.
1. You Don’t Have To Use Cash For Everything
To reap the benefits of using cash in your budget, you don’t have to go exclusively to cash. Some may choose to go exclusive, but it’s not necessary. Instead, identify which categories will be most effective for using cash using the tips below. You should use cash for categories where either you tend to overspend or where there are a lot of transactions in a month.
Groceries are a main perpetrator of both those criteria which is why I absolutely recommend funding that category with cash. Other problem categories are ones relating to household spending (light bulbs, cleaning products, etc), eating out, personal, and entertainment.
There are actually some categories where it is easier to NOT use cash. Specifically I’ll mention gas for your car. At first Emily and I used cash for gas but found it to be significantly more inconvenient, especially during the winter.
After looking at our gas spending we realized that we don’t tend to overspend on gas. Our gas budget went up and down depending on the price of gas, but we weren’t more likely to drive less by using cash. I still had to commute to and from work no matter what and we don’t take a lot of trips.
Gas purchases also weren’t hard to track in our financial software. We knew that if the transaction was at Texaco it was gas so it didn’t add any confusion at the end of the month. In the end we decided that it wasn’t worth it to use cash and now use a debit card.
Some categories are on the edge and could go either way. For example, haircuts is a category that I think should not be cash, but Emily likes it in cash. From my perspective it’s not hard to track haircut transactions. A transaction at SportsClips is self-evident. There aren’t a lot of haircut transactions. At most I will get one and Emilyi will get one. I’m also not likely to overspend and get haircuts more often if I’m not using cash. For me, this category doesn’t need to be in cash.
For Emily that’s not the case. She is more likely to get a haircut or styling if there’s money available for it. She also will let money accumulate from month to month and then get her hair colored with the extra money. She likes having the money in cash because as it accumulates it gives her permission to do something extra without guilt. Therefore, Emily prefers to have this category in cash.
In the end we do our haircut money in cash, but we could just as easily split the category into “his” and “hers” and do one in cash and the other not.
2. You Have To Commit For Cash To Work
When starting to use cash for chosen categories, you have to be willing to totally commit. If you have some transactions in cash and some on credit/debit card at the end of the month, you’re going to run into the same headaches you’ve always had. This means that ideally both spouses are on board. If your spouse resists, see if he or she is willing to give it a try for just a month.
TO READ MORE: http://www.gettingfinancesdone.com/
News, Rumors and Opinions Saturday 5-31-2025
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 Sat. 31 May 2025
Compiled Sat. 31 May 2025 12:01 am EST by Judy Byington
Possible Timing of the Global Currency Reset:
Fri. 30 May 2025 Wolverine: “I have it from very high sources that we begin this week.”
Fri. 30 May 2025: Zim Bond redemptions are (allegedly) underway. Quietly. Precisely. And every redeemed bond is fueling humanitarian efforts that bypass the old corrupt systems. But security is tight. NDAs are mandatory. …QFS on Telegram
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 Sat. 31 May 2025
Compiled Sat. 31 May 2025 12:01 am EST by Judy Byington
Possible Timing of the Global Currency Reset:
Fri. 30 May 2025 Wolverine: “I have it from very high sources that we begin this week.”
Fri. 30 May 2025: Zim Bond redemptions are (allegedly) underway. Quietly. Precisely. And every redeemed bond is fueling humanitarian efforts that bypass the old corrupt systems. But security is tight. NDAs are mandatory. …QFS on Telegram
From Sun. 1 June to Sat. 7 June 2025 was considered the Red Zone for EBS Activation
From Thurs. 5 June to Mon. 9 June 2025 the Tier4B window would be open. Internal banking advisories indicated public redemption will begin regionally, based on QFS load-balancing and readiness reports.
From Tues. 10 June to Fri. 13 June 2025 all Tier4b appointment notifications were set to be issued.
From Sat. 14 June 14 to Tues. 17 June 2025 the General Public rollout was set to happen, with the Sat. 14 June U.S. Army’s 250th Anniversary Parade at the National Mall serving not just as a celebration — but as confirmation that America was back under Constitutional Rule.
Around Sun. 15 June 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the final switchover to full QFS integration.
On Wed. 18 June to Sat. 21 June 2025 the Global Access Phase would begin for Tier 5, the General Public.
Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq
~~~~~~~~~~~~~
Global Financial Crisis:
Mon. 26 May 2025 THE FINANCIAL TAKEOVER HAS BEGUN — QFS IS NOW LIVE AT THE TOP …Nesara Gesara 2.0 on Telegram
Behind the curtain of collapsing fiat empires, the shift has begun — and this time, it’s irreversible. The Quantum Financial System is no longer a theory whispered in closed rooms. It’s activating — silently, strategically — at the highest levels of global finance.
Central Banks: Multiple central banks have discreetly adjusted policy frameworks to reflect a return to gold-backed currency. Just today, several released updated reports showing expanded gold reserves underpinning their monetary supply. Last night, emergency coordination calls were held between central banking heads — a clear signal that the transition to asset-backed money isn’t just planned. It’s happening.
Commercial Banks: Internal communications from Tier 1 banks now confirm what many suspected — their systems are live on QFS. One institution even issued a private congratulations to staff on a “successful on-boarding.” While official channels remain guarded, these banks are quietly preparing clients for the next steps: debt cancellations, digital wallet activations, and the rollout of a new financial paradigm.
Currency Revaluations: The Global Currency Reset is underway. Holders of select sovereign currencies — notably the Iraqi dinar and Vietnamese dong — are reporting unexpected spikes in wallet balances overnight. These updates reflect genuine commodity valuations and confirm the quiet, systematic revaluation of currencies based on tangible assets, not manipulated markets.
Cross-Border Payments: Transactions that once dragged on for days under SWIFT are now completing in seconds. In recent QFS trials, transfers from Asia to Europe were finalized instantly — no fees, no delays. The infrastructure is real. The rails are live. The banking elite have already boarded the new train.
The Quiet Revolution: Step by step, confirmation by confirmation, the QFS framework is anchoring itself across the global banking grid. This is no longer test phase. This is deployment. And as the ripples spread outward, the world will soon awaken to a new financial era — backed by gold, driven by quantum, and secured by truth.
~~~~~~~~~~~~~
Thurs. 29 May 2025 GLOBAL LOCK-IN CONFIRMED — THE SYSTEM IS ALIVE …Ben Fulford
The silence has broken. On June 28th at 03:33 UTC, a new encrypted Starlink relay went live across the Atlantic corridor — connecting servers from Greenland to West Africa in a single quantum pulse. This was the final key. With this event, every continent is now linked into the QFS grid. What was once whispered as a theory is now running beneath our feet in real time.
I’ve just received confirmation from a secure intel node: Tier 4B authentication pings are being sent in test mode to select civilian devices in Canada, Germany, and New Zealand. These are dry runs. If you’ve recently seen a “system security validation” or been prompted to scan your fingerprint on an unfamiliar system screen — that wasn’t a glitch. That was the QFS handshake.
The sovereign onboarding sequence is in full swing:
• Encrypted emails are already staged in quantum mailboxes.
• Cards are pre-activated and housed in decentralized fulfillment hubs.
• Identity verification is now entirely biometric. No more passwords. No more recovery codes. You are the access key.
What’s Next? Between July 1–3, we enter the Window of First Contact — when public-facing systems begin to mirror what we’ve already seen privately. Expect your local banks to start acting strange. Sudden closures “for updates.” ATM restocking. Websites going offline and then reappearing with new interfaces. These are not bugs. These are integrations.
MedBed coordinators have been instructed to begin patient acceptance briefings by July 5th. Not public yet — but it’s coming. The first candidates are children and veterans. That tells you everything you need to know about the Alliance priorities.
A Note on Silence: If you hear nothing from officials this week, don’t panic. They’ve been instructed to step aside. Starlink and the QFS don’t need a press conference. The system announces itself through function — not fiction.
I’ll continue to decode each step in real time. The bridge is built. Now we walk across it. We are no longer waiting for the future. We’re logging into it.
Read full post here: https://dinarchronicles.com/2025/05/31/restored-republic-via-a-gcr-update-as-of-may-31-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Forex just put the Iraqi dinar on the international trading platform. It's not live or active yet but it's in position
Bruce [via WiserNow] We're getting close...we have information saying that the new Dong rate will be coming up on the redemption center screens either [Friday] or Saturday...That's really good.
Mnt Goat ...an article from 2024: “AL-ALAQ: WE ARE CONSTANTLY REVIEWING THE DELETION OF ZEROS FROM THE DINAR, AND THERE ARE NO RESTRICTIONS ON OUR BALANCES IN AMERICA”. Now why would the CBI tell us this if they were not still planning the project and thus are telling us they could do it anytime such as using the words “constantly reviewing”...just how far must the reforms go in order to move ahead with this project? Remember that back in 2012, when under Dr Shabibi they did not have all these reforms in place, yet he was given the green light to go ahead. Now Iraq is in a much, much better banking and financial position than in 2012. So, using our common sense we can see how close we are to this event.
************
The CBI Launches the Virtual Bank Project
Edu Matrix: 5-30-2025
Discover the incredible story behind Iraq’s most iconic architectural project—the new Central Bank of Iraq headquarters—designed by the legendary Iraqi-British architect Zaha Hadid.
Born in Baghdad, Zaha Hadid rose to global fame for her futuristic architecture and bold designs. Educated at the American University of Beirut and later the Architectural Association in London, she shattered glass ceilings as an iconic female architect in a male-dominated field.
In this video, we explore how Hadid's legacy lives on in the CBI headquarters, a towering symbol of progress and modernity in Iraq’s capital.
Tragically, Zaha Hadid passed away in Miami at Mount Sinai Hospital from a heart attack while being treated for bronchitis, just before construction began on the Central Bank building in Baghdad.
From her early days in Iraq to becoming a visionary architect, her work continues to inspire. Join us as we dive into her life, her vision, and how this landmark project reflects her enduring impact on architecture in Iraq and beyond.
Weekend Coffee with MarkZ. 05/31/2025
Weekend Coffee with MarkZ. 05/31/2025
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
MZ: Good Morning- The first 45 minutes is with CBD Gurus…then the news.
Member: Good morning everyone… happy Saturday to you
Member: Its odd that there is so much quiet and so little RV news lately. I sure hope its still moving forward and not stopped.
Weekend Coffee with MarkZ. 05/31/2025
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
MZ: Good Morning- The first 45 minutes is with CBD Gurus…then the news.
Member: Good morning everyone… happy Saturday to you
Member: Its odd that there is so much quiet and so little RV news lately. I sure hope its still moving forward and not stopped.
Member: Hope Mark has some really good news today. We certainly need it.
MZ: We will talk about the conflicts and back and forth in the Kurdish region when should force the resolution on gas and oil laws and revenue sharing (HCL Law) .
MZ: I have been told for many years now that this is the final roadblock before Iraq is ready to pull the trigger.
MZ: “An expanded meeting of Kurdish parties begins in Erbil to discuss stopping funding the salaries of the regions employees” There are “all hands on deck” meetings in Erbil right now
MZ: And Saleh chimes in on the progress in the banking world “Iraq is third in the Arab world in the number of bank cards” They are embracing the digital world.
Member: Supposedly when Barzani met with Rubio- Rubio told Barzani to get oil flowing. Supposedly budget went to com (council of ministers) on Wednesday and Sudani was supposed to get it through
Member: Militia man highlighted an article last night out of the UN stating that in the coming days, Iraq would be a global banking powerhouse.
Member: re forex holding spot with imf anticipated starting rate 4.81 then float! Really hope that is real
Member: I read a rumor that Trump and Company gave them -Iraq a back wall date of June 15th to get it done , or be left behind !! He reminded them how far they have come and now it was time to go -hope that is real. !
Member: Was hearing a go for this weekend but got halted. Let’s hope we stop getting delays. I know there is a lot of T’s to get crossed and I’s to get dotted
Member: We are into June now.. any idea when we might get notified?
Member: anything new form the Vietnam dong.
MZ: Nothing new….still hearing it is going at the same time as the dinar.
Member: Any Bond or bank news ??
MZ: On the bond side and banking side still quiet- but I did have a bond contact send me a message yesterday saying that the dinar now had an official spot on forex. I don’t know what that means , but he seemed excited. Hopefully that means they are preparing for an international rate and international trade. I am waiting for more clarification
MZ: My redemption center/wealth management folks are not working this weekend.
Member: if some banks are accepting for forex amount..does that mean it is definitely extremely close ??????
Member: BANK STORY: Mom went to a Chase bank in Florida this AM. She asked the bank teller if he had seen the new money yet. To her surprise he said “YES” WooHoo
MZ: I do love that.
Member: July 1st is supposedly the deadline that banks worldwide have to be Basel 3 complient.
Member: June 14 is flag day. Supposed to be a big July 4th celebration coming.
Member: 14 days to June 14 ... it's going to be a big day ... Maybe; the Victory Flag will be waved at the Finish Line ...
Member: Any day the RV happens will be my new favorite holiday
Member: Juneteenth is a holiday for the ending of slavery and hopefully it’ll get us out of financial slavery
Member: Once the RV happens we all can start new lives. Thanks Mark for all the encouragement.
Member: I think we are in better shape than we think..closer than we think
Member: Everyone enjoy your weekend. Hopefully this is the last one where we are broke.
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 WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
Iraq Economic News And Points To Ponder Saturday Morning 5-31-25
Mazhar Saleh: Evaluating Bank Boards Boosts The Economy And Investor Confidence
Time: 2025/05/29 22:07:38 Read: 1,935 times {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Saleh, affirmed on Thursday that Prime Minister Mohammed Shia al-Sudani's directive to re-evaluate bank boards is a strategic step to support the national economy.
While noting that government reforms will positively impact the quality of banking services, he noted that modernizing their structure will enhance transparency and increase investor confidence.
Mazhar Saleh: Evaluating Bank Boards Boosts The Economy And Investor Confidence
Time: 2025/05/29 22:07:38 Read: 1,935 times {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Saleh, affirmed on Thursday that Prime Minister Mohammed Shia al-Sudani's directive to re-evaluate bank boards is a strategic step to support the national economy.
While noting that government reforms will positively impact the quality of banking services, he noted that modernizing their structure will enhance transparency and increase investor confidence.
Saleh said in a press statement that "Prime Minister Mohammed Shia al-Sudani's directives to re-evaluate the boards of directors of state-owned banks represent a strategic step toward restructuring the Iraqi financial system, in line with the current banking reform program.
He explained that this initiative aims to enhance banks' ability to support the real economy and achieve comprehensive development goals." He added, "The success of this step requires institutional consensus and ensuring the independence of financial decisions, in addition to optimal investment in national competencies in accordance with international governance standards."
He emphasized that "re-evaluating the boards of directors of government banks, which control more than 80% of banking activity in Iraq,represents a fundamental entry point for launching broader reforms,including digital transformation, modernizing the settlement and payments infrastructure, strengthening oversight and reducing systemic risks, as well as improving compliance with International financial and monetary standards and providing an attractive environment for investment."
He continued, "This step comes within the framework of a comprehensive study conducted by the global consulting firm Ernst & Young, which focuses on improving banking governance in the government sector, thus contributing to the restructuring of government banking entities to become more effective in supporting development, investment, and revitalizing the financial market."
Saleh pointed out that "the Iraqi financial and banking system, especially the governmental one,
faces major challenges in terms of efficiency, transparency, and ability to support economic development."
He stressed that the Prime Minister's call to reconsider the composition of the boards of directors of government banks aims to correct the course and ensure a healthy environment capable of achieving the required reforms, through the effective application of governance and transparency standards and the efficient representation of decision-makers and government banking policymakers."
The financial advisor expected that "the reassessment process will contribute to improving the speed and quality of financial decisions and enhancing risk management,
which will support the stability of the financial system and enhance transparency and accountability, thus increasing investor and public confidence." He pointed out that "these reforms will have a positive impact on the quality of banking services provided, including improved payment, credit, and investment services."
He stressed that "these measures are part of a comprehensive reform plan for the financial and banking system,
which contributes to advancing economic development by improving financial services and attracting investments, and enhancing the efficiency of financial institutions and resource management in line with the country's financial and development policies." https://alforatnews.iq/news/مظهر-صالح-تقييم-مجالس-المصارف-يعزز-الاقتصاد-وثقة-المستثمرين
Baghdad Conference Calls For International Cooperation To Combat Money Laundering
Economic 05/29/2025 Baghdad: Hussein Thaghab Participants in the Anti-Money Laundering and Combating the Financing of Terrorism conference agreed on the need for international cooperation to combat money laundering and terrorist financing crimes.
This was in light of the significant government support aimed at improving the status of Iraqi banks in accordance with international standards, and the United Nations' desire to restore Iraq to the international arena and influence.
Meanwhile, Iraq's international partners considered the cash sale system for foreign currency to beneficiaries to be the most optimal globally.
The Prime Minister's representative, Financial Advisor Dr. Saleh Mahoud, said in a speech:
"The conference represents an opportunity to build and strengthen confidence in Iraqi banks, given the government's awareness of the importance of creating a robust banking system operating according to international standards."
He highlighted the conference's importance and its role in raising awareness among specialists in this field,especially with the increasing challenges facing governments in this area and the crimes it commits,which have negative repercussions on countries.
Saleh added that to address these challenges, countries are seeking to develop their anti-money laundering legislation and adopt guidelines, as weak legislation increases the incidence of crimes.
He emphasized that the government has taken significant measures to combat money laundering in line with international standards, reflecting the government's commitment to developing effective financial performance.
He pointed to the role of the reforms adopted by the government in developing the financial sector and improving financial performance, as well as the significant successes achieved in combating money laundering and terrorist financing.
Governor of the Central Bank of Iraq, Dr. Ali Al-Alaq, noted that this conference affirms the continuation of the reform process and the fight against money laundering and terrorist financing in cooperation with relevant institutions.
He explained that money laundering crimes are a gateway to destabilizing countries, and therefore international cooperation with partners is essential to curbing these crimes.
Al-Alaq pointed out that the international assessment results revealed strengths in Iraq's favor in key areas.
The international report also highlighted weaknesses in some areas, and we have begun addressing them in a way that mitigates their risks.
This reflects Iraq's commitment to international standards and building a secure banking system. He stressed that the Republic of Iraq has achieved significant results in strengthening the balances of Iraqi banks abroad in a way that keeps them away from problems.
Today, we have succeeded in opening accounts with correspondents.
The Central Bank has also introduced a cash sale system for foreign currencies exclusively for beneficiaries, which international partners consider the best in the world. Furthermore, the complete automation of work between the concerned parties has represented a qualitative leap in reducing suspicious transactions.
We are in the final stages of the process of linking with the relevant departments to complete the work successfully, and work to mitigate the sources of financial crime is ongoing.
Al-Alaq commended the Kurdistan Region's active participation in combating money laundering and terrorist financing, and the significant role this step plays in curbing and combating this activity.
He noted the efforts to employ artificial intelligence to regulate financial transactions, and the
ongoing restructuring and development of government banks in accordance with international standards, building them on modern and advanced foundations.
He also noted the significant successes achieved in developing electronic payments in accordance with international standards.
For his part, Wadih Al-Handhal, Chairman of the Iraqi Private Banks Association, stated that the conference addresses a significant topic in the financial landscape, and that its significance is heightened by the challenges facing Iraqi banks in their relationships with international banks.
He emphasized that most banks have adhered to transparency and compliance standards and continue to support the national economy. He added that they believe our banks are capable of making an effective comeback.
He noted that the banking sector is evolving and has an ambitious plan in the areas of compliance and money laundering, and that the two-day conference will discuss critical topics that will enhance financial performance in Iraq.
UN Secretary-General's Special Representative, Mohammed Hassan, said the forum represents an important milestone in Iraq's journey toward adopting a law to combat financial crimes. He added that the
United Nations believes in Iraq's return to its rightful place among the nations of the world, and that
governance and compliance are important and imperative pillars. He added that we appreciate the efforts of the Central Bank and the Association of Banks to consolidate these pillars, and we recommend international partnerships to build national capabilities that will advance the financial sector.
He highlighted the importance of leveraging successful Arab and international experiences to integrate Iraq into the global financial system, explaining that technology is an urgent necessity at this time and must be coupled with a transparent legislative system.
Secretary-General of the Union of Arab Banks, Wissam Fattouh, emphasized the importance of adhering to international standards, which play a key role in strengthening Arab and international financial relations.
He also pointed to the need for international partnerships to develop the Arab financial sector, emphasizing that the goal is to build a secure, flexible, and independent banking sector that serves all sectors of the national economy.
Chairman of the Parliamentary Finance Committee, Dr. Atwan Al-Atouni, said:
"The conference addressed a topic that should receive significant attention, as it is part of global requirements that help respond to the global financial sector, preserve its integrity, and contribute to supporting development efforts."
He emphasized that Iraq has made significant strides in this area, issuing important directives and creating human cadres with the expertise to enable it to reduce crime and adopt the best methods for combating financial crimes.
Ziad Khalaf, Vice Chairman of the Board of Directors of the Union of Arab Banks, explained that the
Iraqi banking sector faces challenges in opening accounts with international banks.
Despite banks' compliance with the regulations, some international banks view Iraqi banks as requiring further compliance. He noted that Iraqi banks are capable of digital transformation, having achieved successes that surpass those of other banks in the region, and are looking forward to building financial institutions that will advance Iraq and serve its people.
https://alsabaah.iq/115440-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Saturday Morning 5-31-25
Good Morning Dinar Recaps,
US Banking Regulator Calls for Expanded Crypto Financial Literacy
The OCC calls for a major boost in financial literacy to navigate the explosive rise of digital assets, urging updated strategies to protect and inform new crypto investors.
OCC Calls for Stronger Financial Literacy on Crypto
The Office of the Comptroller of the Currency (OCC), the federal agency responsible for overseeing national banks and federal savings associations, has taken steps to clarify the regulatory framework around digital assets in the U.S. banking system.
Good Morning Dinar Recaps,
US Banking Regulator Calls for Expanded Crypto Financial Literacy
The OCC calls for a major boost in financial literacy to navigate the explosive rise of digital assets, urging updated strategies to protect and inform new crypto investors.
OCC Calls for Stronger Financial Literacy on Crypto
The Office of the Comptroller of the Currency (OCC), the federal agency responsible for overseeing national banks and federal savings associations, has taken steps to clarify the regulatory framework around digital assets in the U.S. banking system.
Acting Comptroller Rodney E. Hood, speaking at the Financial Literacy and Education Commission (FLEC) on May 29, 2025, highlighted the increasing importance of cryptocurrency and digital assets in financial services.
“Everyone in the financial ecosystem – including financial educators – should carefully monitor the rapidly changing financial marketplace and update financial education strategies accordingly.
For example, in 2023, almost 5 percent of all households owned or used cryptocurrency, with more than nine in 10 of those holding it as an investment,” Hood said, adding:
“Given the level of interest, expanding financial literacy resources to address digital asset investments may be useful.”
Hood’s comments reflect the OCC’s role in ensuring that banks can engage with digital assets in a regulated and secure manner.
The Acting Comptroller also discussed the need for financial educators to update their strategies to address the growing number of consumers engaging with digital assets — many of whom are first-time investors.
He suggested that financial literacy programs should help these new investors understand the risks and opportunities of digital assets. The OCC has long supported financial education, and Hood emphasized that these efforts should now include resources on emerging financial products like cryptocurrency.
This approach aligns with the OCC’s recent guidance, released in May, which confirmed that national banks and federal savings associations are authorized to provide cryptocurrency-related services, such as custody and execution, as long as proper risk management practices are in place.
“The federal banking system is well positioned to engage in digital asset activities,” the OCC recently said.
The OCC’s position shows a cautious but supportive approach to integrating digital assets into the banking system, while also stressing the importance of consumer education and safety.
@ Newshounds News™
Source: Bitcoin.com
~~~~~~~~~
BRICS: US Risks Losing $7.5 Trillion Worth of Asian Assets
The BRICS alliance and all Asian countries combined have an investment worth $7.5 trillion in US assets, including bonds. For decades, the global financial gameplay was simple and easy to understand. Asia had an effortless strategy: sell goods to the US, and in return, invest the proceeds into American financial assets.
Things are now changing under the Trump administration, after the US President disrupted the smooth flow of global trade.
The tariffs and trade wars have rubbed emerging economies the wrong way, and things could turn worse if BRICS and other Asian countries put their own nations first and stop depending on US assets for financial benefits. The unwinding of the $7.5 trillion has already begun on a small scale, according to some of the world’s biggest money managers, speaking to Bloomberg.
These money managers warned that if the US fails to halt the outflow, the future could be bleak.
BRICS: $7.5 Trillion Asian Assets Sell-Off Could Shake the US Markets
For those unfamiliar with this financial shift, the sell-offs in US assets have already been initiated by BRICS. Since 2024, China alone has dumped $150 billion worth of US Treasuries and bonds, choosing to diversify its reserves.
Not just China—many developing nations have sold US assets and purchased gold to diversify their central banks' holdings. Hoarding the US dollar is seen as increasingly risky, especially as the debt ceiling has surged past $36 trillion.
“We are in a shifting world order and I do not believe that we will go back to the state of things as we had before,” said Virginie Maisonneuve, Chief Investment Officer at Allianz Global Investors.
“It is an evolution from the World War Two order and is partially triggered by China rivaling the US in economic and technology terms,” she added.
If BRICS and Asian countries pull the plug on their $7.5 trillion investments in Treasuries and bonds, the US financial markets could be severely shaken.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
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
“Tidbits From TNT” Saturday Morning 5-31-2025
TNT:
Tishwash: UN: Iraq will become a banking powerhouse both domestically and internationally
UN Secretary-General's Special Representative, Mohammed Al-Hassan, confirmed that Iraq will become a banking powerhouse both domestically and internationally .
Al-Hassan said in a statement to the Iraqi News Agency (INA) today, Friday, that "the words spoken during the conference on money laundering and combating the financing of terrorism indicated that Iraq is facing a regional and international challenge to restore its status ."
TNT:
Tishwash: UN: Iraq will become a banking powerhouse both domestically and internationally
UN Secretary-General's Special Representative, Mohammed Al-Hassan, confirmed that Iraq will become a banking powerhouse both domestically and internationally .
Al-Hassan said in a statement to the Iraqi News Agency (INA) today, Friday, that "the words spoken during the conference on money laundering and combating the financing of terrorism indicated that Iraq is facing a regional and international challenge to restore its status ."
He added, "The Iraqi economic system cannot be complete without an effective financial sector, both domestically and internationally," noting that "Iraq is committed to taking positive steps to restore confidence in the financial and banking sector in Iraq ."
Al-Hassan stressed that "the United Nations supports Iraq's path, which will become, in the coming days, a banking power that interacts internally and externally," emphasizing that "the fight against terrorism is not a scourge that has afflicted Iraq alone, but the entire world, and the sacrifices that Iraq has made in lives and money are not trivial or small ."
He noted that "these sacrifices must be completed, extended, and continued to restore Iraq's position in the financial and banking sector link
Tishwash: The US intervenes in the salary funding crisis between Baghdad and Erbil.
The US State Department called on the federal government and the Kurdistan Region to abide by the financial payments stipulated in the Iraqi constitution and work to resolve their differences through constructive dialogue.
A US State Department official said, "Swiftly resolving the salary issue sends a message that Iraq puts the interests of its people first and creates an attractive environment for investment," noting that "it would also be a positive signal regarding the possibility of reopening the Iraq-Türkiye pipeline."
He stressed that "US support for the Kurdistan Region is a key component of its relationship with Iraq," noting that "US Secretary of State Marco Rubio recently hosted the Prime Minister of the Kurdistan Region, Masrour Barzani, and also spoke with the President of the Region, Nechirvan Barzani, where they emphasized the importance of continued cooperation to promote stability and prosperity in Iraq and the region."
These statements come as the Kurdistan Region's civil servants' salaries are facing a new crisis, following the federal Ministry of Finance's announcement that it would halt funding for May 2025 salaries. The announcement was made due to what it described as the region's exceeding its budget share and its failure to deliver oil and non-oil revenues.
Erbil recently signed two agreements with American companies worth more than $110 billion in the energy sector. This sparked criticism in Baghdad, which considered it an infringement of its sovereign powers. Erbil, however, views the agreements as part of its plan for economic reform and resource development. link
************
Tishwash: Baghdad joins the Smart Cities Club: The Municipality adopts digitized transactions to serve citizens.
The first signs of a serious shift toward the concept of smart cities have begun in the capital, Baghdad, through rapid digital steps adopted by the Baghdad Municipality to modernize the performance of its institutions and facilitate citizen transactions.
The Baghdad Municipality has expanded its planning vision to include sustainable development and urban technology, building on the Iraqi state's approach to linking municipal services with advanced digital systems. These systems help reduce bureaucracy, improve performance efficiency, and meet the needs of residents in a changing urban environment.
These initiatives reflect the Secretariat's clear direction to move beyond traditional management and service approaches and enter a qualitative phase based on the integration of digital transformation, environmental planning, and service innovation, positioning Baghdad as a city connected to the global urban fabric of the future.
Baghdad Mayor Eng. Ammar Musa Kazim announced the capital's entry into a new phase of digital transformation by modernizing the mechanisms for processing citizen transactions in Baghdad Municipality departments. This represents a first step toward a smart and sustainable Baghdad, inspired by global models of urban development.
During his participation in the Iraqi Smart Cities Conference, organized by the Federation of Iraqi Chambers of Commerce in cooperation with the International Chamber of Commerce, he emphasized that the Secretariat has begun to play a leading role in addressing urban challenges through the digitization of its services, and its participation in the Arab Smart Cities Forum enhances opportunities for exchanging experiences and expertise with advanced Arab cities.
He explained that the municipality has launched new applications to receive citizens' complaints digitally and has developed a construction transaction system to reduce direct contact and increase transparency and speed, reflecting a gradual transition towards an electronic city with e-government and identity services.
He pointed out that the launch of the implementation work for the New Sadr City project came as a model for a smart and sustainable city that takes into account modern environmental and architectural standards, in parallel with other ambitious projects such as the Sustainable Baghdad Forests and the waste-to-electricity project, indicating a comprehensive approach to redefining the capital's service and environmental infrastructure.
In separate posts on the X platform, observers highlighted the importance of these initiatives in addressing the accumulated burden of decades of service decline and haphazard planning.
Journalist Hussam Al-Taie wrote: "Finally, we're hearing about a smart Baghdad... digital transformation is not a luxury, but a tool for urban justice." Engineer Suha Al-Lami tweeted: "If the Baghdad Municipality adheres to the digital roadmap, we will witness a real transformation in people's lives."
This leap forward is based on the Baghdad Municipality's vision to catch up with major Arab cities, after years of absence from the sustainable urban development map. The city seeks to make the capital a practical testing ground for future city ideas, rather than merely a theoretical imitation of others' experiences. link
Mot: .. No Quitter Am I!!!
Mot: . Yeppers!!! --- Been This Way Alot!!!! Lately!!!!
MilitiaMan and Crew: Iraq Dinar Update-Integration-Global Financial System-Meta & Google Interest-UN-A Banking Powerhouse
MilitiaMan and Crew: Iraq Dinar Update-Integration-Global Financial System-Meta & Google Interest-UN-A Banking Powerhouse
5-30-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: Iraq Dinar Update-Integration-Global Financial System-Meta & Google Interest-UN-A Banking Powerhouse
5-30-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
More News, Rumors and Opinions Friday PM 5—30-2025
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 30 May 2025
Compiled Fri. 30 May 2025 12:01 am EST by Judy Byington
Thurs. 29 May 2025: REVEALED: THE SAINT GERMAIN TRUST — TRILLIONS UNLEASHED TO DESTROY THE FIAT EMPIRE …Ben Fulford on Telegram
The Saint Germain Trust is REAL. Trillions in gold. Locked away. Hidden from you. Hijacked by the cabal. But in 2025, that lock is breaking. This isn’t theory. This is the financial kill switch the elites couldn’t disable.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 30 May 2025
Compiled Fri. 30 May 2025 12:01 am EST by Judy Byington
Thurs. 29 May 2025: REVEALED: THE SAINT GERMAIN TRUST — TRILLIONS UNLEASHED TO DESTROY THE FIAT EMPIRE …Ben Fulford on Telegram
The Saint Germain Trust is REAL. Trillions in gold. Locked away. Hidden from you. Hijacked by the cabal. But in 2025, that lock is breaking. This isn’t theory. This is the financial kill switch the elites couldn’t disable.
FOR DECADES, THEY BURIED IT. NOW IT’S RISING. Behind every lie about “economic growth” was a truth they feared: a planetary trust fund, backed by hard gold, not fiat, created to liberate humanity after centuries of e*********t by central banks, tax fraud, and war-for-profit systems.
The Saint Germain Trust was designed to trigger NESARA in the U.S. and GESARA globally — laws the DS mocked, smeared, and sabotaged. But these aren’t fantasies. They are blueprints. And they are being activated.
ITS MISSION ISN’T AID — IT’S RETRIBUTION.
– Cancel national & personal debt
– Fund monthly stipends — not UBI, but restoration
– Back USTN with gold through QFS
– Dismantle central banks & IRS foreign taxation
– Finance a sovereign planet — not governed by the WEF or IMF, but by WE THE PEOPLE
THE LOCK IS BREAKING — AND THE TIMELINE IS MOVING
Watch for the signs:
– BlackRock’s collapse
– Executive Order 13848 seizures
– USTN notes issued with serial match
– ISO 20022 quietly integrated across global banks
– Vatican forced to disclose gold holdings
This is not random. This is a coordinated dismantling of the old world system.
WE ARE INSIDE THE ACTIVATION WINDOW Stipends. Debts wiped. QFS live. Fiat systems crashing. These aren’t “coming soon.” They’re already shadow-deployed — waiting for full reveal under military command.
Final message: You were never supposed to own land. Or retire. Or be free. But now you will — because you took it back.
~~~~~~~~~~~~~
Thurs. 29 May 2025: Since 2020, I’ve been monitoring reports that the Quantum Financial System (QFS) wasn’t just operational — it was quietly intercepting transactions in real time. But it wasn’t until January 2025 that I received undeniable proof from banking insiders and U.S. military intelligence: the override has begun. …Ben Fulford on Telegram
On the same day, I was forwarded an internal memo from the ECB acknowledging “unaccounted historical reserves exceeding $54 trillion.” That money never existed in the real economy. It was phantom value — sustained only by lies and the illusion of global debt.
The new system doesn’t just bypass banks. It neutralizes financial warfare. And it has already begun to win.
Read full post here: https://dinarchronicles.com/2025/05/30/restored-republic-via-a-gcr-update-as-of-may-30-2025/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick If the American dollar is $1 and it if it's paired to the Iraqi dinar that means the Iraq dinar is $1. That is called a nominal value. That is what every country seeks. In this case it's also seeking a REER - real effective exchange rate. That's because it's reaching a nominal value.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says...They say soon the parallel market price will come to match the official CBI rate. That's how it's going to be fixed. However I still believe somewhere around 1390 to maybe 1350 or 1340 that will be close that they will roll out the new rate. FRANK: This is so close. It's like your breath to your lungs.
The Fed is Derelict in it’s Duty to the American People
Palisades Gold Radio: 5-29-2025
In a recent conversation with Tom Bodrovics on Palisades Gold Radio, Danielle DiMartino Booth, CEO and Chief Strategist for QI Research and author of the acclaimed book “Fed Up,” offered a stark assessment of the current economic landscape, pointing to a recession that many seem unwilling to acknowledge.
Booth, a former Fed Insider, didn’t mince words, highlighting critical data points that signal a significant downturn, likely commencing in Q1 2024.
Booth argues that the evidence is mounting, pointing to job losses that began surfacing in Q2 2024 as concrete confirmation of the recession’s arrival. Despite these clear indicators, she contends that official channels are hesitant to label the current situation a recession, suggesting political motivations are at play.
Beyond macro-level indicators, Booth delved into the specific pressures facing American households, citing the end of student loan forbearance and increasing credit card constraints as significant burdens impacting consumer spending.
With defaults expected to rise, she argues that the bedrock of the US economy – consumer spending – is facing a serious threat. Compounding the issue is the absence of clear fiscal policies to replace the stimulus measures that previously buoyed the economy, leaving it exposed and vulnerable.
The conversation then shifted to the troubled commercial real estate sector, where banks are increasingly feeling the pressure to recognize and absorb losses.
Booth was particularly critical of the Federal Reserve, accusing them of selectively ignoring critical data, such as shelter inflation and escalating job losses. Instead, she claims, the Fed is focusing on the impact of tariffs on goods prices, a stance she sees as politically driven and dismissive of the Fed’s own historical lessons.
In light of this uncertain and potentially turbulent economic climate, Booth offered practical advice for investors. She stressed the importance of prioritizing safety over riskier assets, highlighting the relatively high returns currently available on cash as a compelling factor. Given the opaque economic outlook and the potential for further shocks, she believes a conservative approach is the most prudent strategy.
Finally, Booth concluded the interview with a call for empathy and community support. Recognizing the hardships many families and communities are facing during these challenging times, she emphasized the imperative of looking out for one another and offering support whenever possible.
Her sobering analysis serves as a reminder that economic downturns have real-world consequences, and community solidarity is crucial for navigating periods of economic hardship.
Danielle DiMartino Booth’s insights serve as a stark reminder that while official narratives may lag behind reality, the underlying economic trends are often more telling.
Her conversation on Palisades Gold Radio offers a critical perspective on the challenges facing the US economy, urging listeners to prepare for the potential for continued economic hardship and to prioritize both financial prudence and community support.
Bruce’s Big Call Dinar Intel Thursday Night 5-29-25
Bruce’s Big Call Dinar Intel Thursday Night 5-29-25
Transcribed By WiserNow Emailed To Recaps
You welcome everybody to the big call tonight. It's Thursday, May 29 and you're listening to the big call. Thanks for coming in, everybody. Thanks for listening. I think we're going to have another good call like we did Tuesday night. So I'm excited to be there for everybody - let's go ahead and pray the call in
So let's get into the Intel. And thank you, Bob. Thank you so much for that. Let's get into Intel, see where we are.
Okay, I want to talk a little bit first about something Sue and I talked about yesterday, and that was there were some questions about trust and structures like LLC. I'm just telling you what I have done. Why have I done it this way? Because my trust attorney that teaches this for 35 years now, it was his best recommendation.
Bruce’s Big Call Dinar Intel Thursday Night 5-29-25
Transcribed By WiserNow Emailed To Recaps
You welcome everybody to the big call tonight. It's Thursday, May 29 and you're listening to the big call. Thanks for coming in, everybody. Thanks for listening. I think we're going to have another good call like we did Tuesday night. So I'm excited to be there for everybody - let's go ahead and pray the call in
So let's get into the Intel. And thank you, Bob. Thank you so much for that. Let's get into Intel, see where we are.
Okay, I want to talk a little bit first about something Sue and I talked about yesterday, and that was there were some questions about trust and structures like LLC. I'm just telling you what I have done. Why have I done it this way? Because my trust attorney that teaches this for 35 years now, it was his best recommendation.
We set up a revocable living trust as the umbrella or for my estate planning so on. But underneath that, we have four LLCs, Limited Liability Companies that are set up. Now, are they for profit? Yes, but I'll explain why that is. Am I going to be trying to make a profit? No.
But if we with what we take and move from our quantum account into our bank account with Wells, in my case, right now, will you be paid interest on that? Yes, within your I'm going to call it primary account and secondary accounts.
Now in each of my secondary accounts, those would be the individual accounts for the LLC. One would be for rebuild America. One would be for rebuild International. One would be for the veterans retreat network. One would be for the pastoral retreat network, boom, boom, boom, boom four, four LLCs. Those were set up by my attorney, check that out trust attorney.
He said, This is the way to do it, and I'm not a trust attorney. Did I learn something? Yeah, gonna talk about it intelligently. We'll see. But I would say, get with a an estate planning attorney or trust attorney and put together whatever structure best suits you, your family, your projects, your intentions for the future. See in a revocable, some say revocable. Some say revocable. Tomato, tomato with that type of a trust, you have the ability to change things. Yeah, I'm a trustee.
Do I have a successor or two yet? Beneficiaries? Yes, are there? Are there new beneficiaries that will possibly be successor Beneficiaries? Yes, but not yet.
So that structure was all put together. We knocked that out, and then we assigned people’s names and so on to those positions. So this worked out best for me and you guys can talk to your guy, in the particular case we just decided not to -- We did it in a way where everything rolls up. Any income that would roll up would roll up into my own personal social In other words, if it were taxable, which I don't think it will be shortly, when NESARA kicks in, but in the meantime, anything that would roll up would be taxable, and we just handle it that way.
I think, if I understand it right, all those, all those LLC would be like separate schedule C's on your form, and then everything from that, those schedule C’s pulls up your 1040 and everything would happen that way. So get with estate planning attorney
Now will Wells and other banks have trust departments - yes -- do they want to control your money for trust, yes - maybe
You make sure you make the decision on how you want to do it - now we had heard in the past they would set up our trust for free -- I’m not buying that – Not now the banks need to make money - and that is one way they can do it
I personally just sought out through a friend, the best trust attorney in our area, and he and I get along great, and the way we did it, I think works great for me. You may have a different plan.
Do you want to set up a foundation? Well, do you want to answer federal government on your foundation rules and all that noise? I don't think so.
In this particular case, we could have done it six ways or something. We chose this way because it was the best recommendation, the attorney Knowing me, knowing what we're doing, felt this would work.
Your system may be different, your way, your planning, your estate planning may be different. Maybe you have a charitable remainder trust setup. Maybe you have some kind of family only trust. Who knows there are a lot of different options check it out.
Do you have to have a trust when you go in redemption center, set your appointment for exchange and redemption of zim? . No, but you should do it soon after. You don't have it yet, do it through the bank if you want - or just find a good recommendation or an estate planning attorney in your area that set it up for you, that can do it. It doesn't take all that long. Think it's probably an hour, hour and a half appointment initially, and then after everything was printed out and everything, there was a another appointment, sign off on everything.
But that is paramount, because why do the banks want you to have a trust? Why do the redemption centers want you to have because, God forbid, something would happen to you and you come out to hurt you or take you out. You've got all that trust work so that you are legacy- your money - , your projects, everything can continue in some form or fashion.
All right, so that's all I'm going to say. Yes, just give them a term LLC that they're going to want to use when they're talking to someone. Well, they might structure this term they might want to use is a philanthropic LLC. It's everything that you've said, but that's what it's titled, because it allows you to do just look it up and do your homework, and then you can talk about it with your LLC person. That's it very good, too. That's good. Thank you for that.
Because the idea see why I set up LLCs, because, like I said, the interest that we're going to make on the money that's in that account is the income that would apply against the expenses in that LLC, you expense against the income.
And obviously, in a perfect world, you would, you would get a certain amount of income and expense against it, and it would take out the net effect of the income would be zero. So did you make any money in that LLC, yeah, you did initially. Do you have anything left over after expenses? No, spend it all.
That's the difference in what we're doing compared to a normal business. A normal business, your object is to earn money and to create income for yourself, your family. In this case, we got the income we've got the result of the exchanges and the redemption of zim, and we would be hard pressed to get rid of the money that we earn every quarter from the bank.
It's going to be substantial, and you're not you don't want to sit, on a pile of money that doesn't go out to your projects, the people that you're investing in their lives as you help people around the world, maybe in rebuild America, or, if not that town, Another community or another place and plenty of options where you can look at helping other people.
This blessing is not just for us, not for you and your family, to squirrel away and hide all this money – its ti try to do the best job you can do to be a good Steward of this blessing that God has given you – and you steward the blessing by doing the right thing with money, because it's have a garage of 10 exotic cars, you know, and you can only drive one at a time, but I you know the truth is going to be only good for what it does, not only for you and your family but for other people
Just get that mindset. Get that entrepreneurial, humanitarian mindset. I mean, a lot of people that have made money in business, a lot of the billionaires realize, hey, I'm getting olde – I’ve got theser toys. I've got homes I got so they started finding a way to be a blessing to other people and give away half of their money, 90% of their money, whatever it is, give it away.
You know, obviously, if you've got family and children and grandchildren, you're gonna have great grandchildren all of that. Yeah, you want to take care of your family. Of course, we want to make sure, even giving kids too much money, you have to be very careful about that. You have to watch your money – monitor What are they going to do with it? Are they going to do the right thing with the money? Are they going to get into drugs and all kinds of mischief? Hopefully not. You know, hopefully not. You have to sort of meet out how you give and give responsibly .
You know, even we're going to do that and rebuild America and rebuild International, we're going to give responsibly, not be greedy. Be free. Be a liberal giver, but be very, very cautious and make, make sure that we're going with it the right way. We're not just going to throw money at stuff and say, See you later. I'm going to the beach or I'm going to the golf course. We've got to monitor what is going on, and we will, we'll monitor or we'll have people that will be paid to monitor it.
So let's talk about Intel in the sense of where in the world are we? Okay, here we go. We're getting close. We got three days, two days left, really, in the month right? We've got Friday and Saturday, 30th and 31st we have information saying that the new Dong rate will be coming up on the redemption center screens either tomorrow or Saturday. Saturday is the last day of the month. Yeah. Okay, that's great. That's really good.
I'm looking forward to that, but being so close, the end of the month, Sunday is the first, I don't think anything's happened on Sunday. Monday is the second. Tuesday, the third. I would look second, third, maybe third, fourth, second, third of June, which is Monday, Tuesday. I don't know if anything ever happens on Monday. They say it could they say it will maybe we'll get notified on Monday.
Why wouldn't we exchange on Tuesday? Then we went see to start exchanges. I don't know. I don't think so, but we'll see – this is one of those things where 90% of the people that we talk to are under new NDAs. So it's a little bit like pulling teeth to get accurate up to date Intel,
We did some confirmation on what we had said on Tuesday, on the big call – yes we are looking to get started in the first couple of days in June. Would it be the second, third, Monday, Tuesday, or maybe Tuesday, Wednesday, third, fourth? Yes, we'll find out. We have DOGE payments in the first 12 Days of June. We have R and R at the redemption centers when we get there. So that takes care of three.
But R and R – redemption of our currencies -- our zim and exchange of currencies. That's the that's the big one -- second is R and R and third is DOGE - DOGE is going to be substantial for 60 years and older, you better sit down when you're looking at that account coming in --- 60 and older.
And then last but not least is Social Security. Will it go up? It's supposed to starting in June. It didn't have in. May forget about that. Will it happen in June? We were told it would - I’m not worried about an increase in social - the other three. I'm not even going to pay attention to it. It'll be there. Oh, that's nice. Okay, good. Thank you. Next, yep.
So we have - trying to think if there was anything more substantial in terms of what we have, I think we are really at the point where everything is about to launch,
okay, President Trump has a tentative 60 day cease fire that has been proposed to Hamas -- as of tonight. I do not know their response to him yet, but I believe that if that one goes through, that really helps move us to where we're trying to get to in terms of GESARA we have to see if we have anything new with I believe that we've got stuff that's going on with Russia and Ukraine.
They did find another tunnel with children Monday, and they rescued those kids out of there that supposedly is the last of those shenanigans – underground tunnels - there was a good number of kids that were rescued, primarily European kids. For that, I'm glad for those kids. I'm glad but for some what happened to the people but didn't go so well, you know what I mean.
So I'm just going to say this stuff is in play, and things are happening to prepare these countries for peace as part of the conditions of GESARA that all countries have signed on to before - are they actually ready to be that which they said they would do? Well, we'll find out, GESARA and NESARA are supposed to come into play between the fifth and the 15th of June.
Now, I don't know that I'd necessarily look for an announcement on the 5th but it's possible we get a start that early, or maybe it drags all the way to the middle of June to be announced. Do we have to have NESARA and GESARA in play before we go? No, that's not a condition. We don’t have to have those. We have an asset backed dollar. We did that. I believe they did that on Sunday. President Trump did that by executive order.
And we have an asset backed and essentially a return to the gold standard last Tuesday, few days ago. Now, has there been anything on the news, even on Newsmax, about it? No - Was there a cryptocurrency convention going on in Las Vegas now? Started yesterday? Yes. Okay, that's great. Good. It's all good, no harm, no foul on that.
We have an international Dinar rate. It's on the back screens right now on our forex – but it is there . And it’s just not seen here the US, because they don't want everybody go nuts until we get the numbers.
When we get numbers – let me give you an example -- the rate on the dinar that would be at the bank screens, the rate that would be in the redemption center screens could be as much as five to six times higher, five to six times and that does not include the contract rate on dinar, which I got an Up to date rate on that.
That is backup direction of the hundo in the direction of the hundo. So that's good news for the for dinar holders, whether you have zim or not, you still will be offered the contract rate. And if you don't get offered, you ask them for it politely.
Okay, all right, let's see, guys, that seems to be about everything that's current for us right now, we've got to see what happens over the weekend. Could we get an email Saturday? Sunday or Monday. Those are the three days, Saturday, Sunday, Monday – Yes – Yes and Yes
Maybe it does come in over the weekend. Maybe Saturday or Sunday comes into play as far as the 800 numbers are concerned. So that's why we were given those 3 days – Saturday – Sunday – Monday .
I don't know if we get notified. Saturday. Saturdays will probably exchange starting Tuesday or Wednesday, and we'll see. We'll see if that holds up.
All I want is for this intel to hold up and be true, which it is right now, so that we can get it started, get started with everything. So that's what I wanted to say tonight.
Let’s go ahead and pray the call out, and then you guys can look forward to a great weekend, wonderful month of June, Alright, everybody night and a great weekend. We'll talk to you Tuesday, but we'll keep on emails to see if these numbers have come in. Okay.
Bruce’s Big Call Dinar Intel Thursday Night 5-29-25 REPLAY LINK Intel begins 1:29:00
Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25 REPLAY LINK Intel Begins 1:15:15
Bruce’s Big Call Dinar Intel Thursday Night 5-22-25 REPLAY LINK Intel begins 1:18:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-20-25 REPLAY LINK Intel Begins 1:11:00
Bruce’s Big Call Dinar Intel Thursday Night 5-15-25 REPLAY LINK Intel begins 1:02:30
Bruce’s Big Call Dinar Intel Tuesday Night 5-13-25 REPLAY LINK Intel Begins 1:01:01
Bruce’s Big Call Dinar Intel Thursday Night 5-8-25 REPLAY LINK Intel begins 1:02:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-6-25 REPLAY LINK Intel Begins 1:10:30
Bruce’s Big Call Dinar Intel Thursday Night 5-1-25 REPLAY LINK Intel begins 57:07
Bruce’s Big Call Dinar Intel Tuesday Night 4-29-25 REPLAY LINK Intel Begins 1:23:43
Bruce’s Big Call Dinar Intel Thursday Night 4-24-25 REPLAY LINK Intel begins 1:06:06