“Tidbits From TNT” Sunday 6-1-2025

TNT:

Tishwash:  Including the Popular Mobilization Law... 140 draft laws await parliament's vote

 The Parliamentary Investment and Development Committee revealed that there are more than (140) draft laws, including new legislation and amendments to existing laws, that are still awaiting a vote in the House of Representatives.

The committee's vice-chair, Hussein Al-Sa'bari, said, "A large number of these projects have completed their discussions within the relevant committees and are ready for inclusion on the agenda of the general sessions."

He pointed out that "many of them concern vital sectors that affect citizens' lives."

He explained that "among the most prominent laws proposed are the Popular Mobilization Forces Law, legislation related to higher education, particularly the "Basis for Granting Certificates," in addition to service and administrative laws."

For his part, member of the Parliamentary Legal Committee, Muhammad Anouz, added that the legislative priorities also include the Anti-Narcotics Law and the Retirement Law, which needs to be amended to ensure..  link

Tishwash:  Parliamentarian: Extraordinary sessions will be held after Eid to approve important service laws

MP Hussein Al-Saabari revealed, on Saturday, that the House of Representatives intends to hold extraordinary sessions after the Eid Al-Adha holiday, to compensate for previous sessions that were not held due to the lack of quorum.

Al-Saabari said in a statement to the Al-Maalouma Agency, that “the House intends to discuss a number of important laws during these sessions, most notably the Popular Mobilization Law, the budget schedules, and the Ministry of Education Law.”

He called on members of the House of Representatives to "commit to attendance and not be absent from upcoming sessions," calling on "political blocs to urge their representatives to perform their legislative role in a way that serves the public interest."

Al-Saabari pointed out that “the holding of extraordinary sessions represents an important opportunity to correct the course of legislative performance and compensate for the delay in passing laws that directly affect the lives of citizens,” noting that “serious political will and cooperation between blocs will be the decisive factor in the success of these sessions and achieving tangible results.” 

It is noteworthy that the House of Representatives had previously called for holding emergency sessions during the legislative recess in order to vote on important laws  link

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Tishwash:  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.

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

Mot:  . Doggone It!!! --- Wont Sleep Tonight Wondering !!!!~~ 

Mot: What is the Space Between Your Eyebrows Called??? - HUH??

News, Rumors and Opinions Sunday 6-1-2025

Gold Telegraph: Some Companies Believe a Monetary Reset is Already Underway

5-31-2025

A trade truce between the United States and China is at risk of falling apart… Why? Elements.

China has been very focused on mining for years and acquiring world-class projects. Now, the world is waking up to the consequences.

I will be on stage in Quebec City next Tuesday. Looking forward to seeing some of you there to discuss the role of gold in this shifting global order.

More and more mining CEOs… leading companies with market caps over $10 billion believe we are on the brink of a monetary reset. Some even argue it’s already underway.

A common theme?

They all recognize one fact:
The flow of gold has been shifting east for years.

More soon.

BREAKING NEWS: THE BANK OF JAPAN’S LONG-TERM GOVERNMENT BOND HOLDINGS FELL FOR THE FIRST TIME IN 16 YEARS AS OF END-MARCH

Where is my circus picture?

Oh there it is:

It’s easy to miss the signals in the noise.

But pay attention:

This week:

• The President of the European Central Bank said the euro could replace the dollar in global trade.
• Germany is pushing to get its gold back from the United States.

This isn’t just noise… Europe is preparing for the future. They are worried that the Federal Reserve won’t provide lifelines if the system starts to crack.

Of course, the euro will never replace the dollar as the world’s reserve currency, but that’s not the point.

The real story is this: America’s closest allies are now openly questioning the dollar’s role, exploring alternatives, and pushing for their own currencies.

Source(s):  https://x.com/GoldTelegraph_/status/1928892504683774408

https://dinarchronicles.com/2025/05/31/gold-telegraph-some-companies-believe-a-monetary-reset-is-already-underway/

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

Frank26  IMO the Iraqi dinar is the linchpin.  The Iraqi dinar will go first, then the Vietnamese dong and the others will follow suit. A lot of people say, well that's double dipping. So what...It's not going to affect anything.  If  you're smart enough to double dip then go right ahead and do it.  I plan to. 

Militia Man  What we're hoping is Iraq changes the value of the currency and has no sanctions on it...Iraq is far more further along in her reforms than many probably realize.  The data supports that...

The Quiet Coup: BIS Just Rewrote The Global Monetary Rules With One Gold Ruling

Two dollars Investing:  5-31-2025

In this explosive interview, Andy Schectman breaks down how a single gold ruling by the Bank for International Settlements reclassified gold as a Tier 1 reserve asset—putting it on equal footing with the U.S. dollar.

https://www.youtube.com/watch?v=aMT_m2vTUmI

U.S. Dollar Undervalued—Or Just Losing Its Purchasing Power

Lynette Zang: 5-31-2025

 Do you know the real difference between intrinsic and fundamental value?

Wall Street’s definition of “intrinsic value” is designed to mislead you—and protect their profits.

 In this video, Lynette Zang exposes the truth behind intrinsic value, explains how the U.S. dollar continues to lose purchasing power, and why gold remains the ultimate protection against inflation.

https://www.youtube.com/watch?v=zl0KLQ_QOgI

Iraq Economic News And Points To Ponder Sunday Morning 6-1-25

Mogadishu Refinery Find Triggers Iraq’s Hunt For $100B In Lost Global Assets

Iraq Jawad Al-Samarraie May 30, 2025 AL Rafidain Bank branch in London, opened in 1954
 
Baghdad (IraqiNews.com) – A startling revelation at the Arab Summit in Baghdad this May has jolted Iraq into confronting a forgotten legacy: a sprawling international portfolio of properties and investments, potentially worth at least $100B, that has languished in neglect and obscurity for two decades.

The unexpected news of a large, Iraqi-built oil refinery still standing in Mogadishu, Somalia, has served as a dramatic wake-up call, triggering a renewed effort to trace and potentially reclaim these vast, squandered national assets.
 
The ghost refinery in Mogadishu, constructed in 1978 under a bilateral agreement and largely forgotten by Iraqi officialdom since 2003,
 
was brought back to Baghdad’s attention by Somali President Hassan Sheikh Mohamud.
 
He informed Iraqi Prime Minister Mohammed Shia Al Sudani that the facility merely requires technical rehabilitation to become operational – a timely prospect as Somalia begins exploring offshore oil.
 
This single revelation underscored a much larger, more complex issue: Iraq’s dozens of lost properties scattered across three continents.
 
During its oil-boom years in the 1970s and 1980s, Iraq strategically invested its wealth globally, acquiring an estimated 50 significant assets.
 
These included luxury palaces and real estate in prime European locations like Cannes, France, Spain, the UK, and Italy;  agricultural ventures such as tea, rice, rubber, and tobacco farms in Malaysia, Sri Lanka, and Vietnam; and diverse holdings in Africa, from tourist islands and agricultural factories in Mozambique and Nigeria to the aforementioned Somali refinery.
 
This was a policy of extending economic and diplomatic influence.
 
However, following the 2003 regime change, this global portfolio fell into disarray.
 
Iraq’s Parliamentary Integrity Committee previously revealed to news agencies that crucial ownership documents were stolen or destroyed.
 
Some properties were illicitly transferred to individuals or shell companies linked to the former regime,  
while others simply vanished from official oversight, becoming a forgotten treasure.
 
Early attempts at recovery highlighted the dangers.
 
In 2012, an Iraqi Foreign Ministry delegation dispatched to Mozambique to inspect a state-owned asset, believed to be a palace on a tourist island, received direct threats from an armed group controlling the site, forcing their immediate withdrawal.

The incident underscored the formidable challenges beyond mere legal claims.
 
The Mogadishu refinery news has now spurred the Iraqi government into decisive action.
 
Specialized legal and technical committees have been formed, and the Ministries of Oil, Foreign Affairs, and Justice are tasked with a coordinated global effort.
 
This includes attempting to re-register properties, settle outstanding tax issues,
and verify any remaining documentation.
 
Legal experts suggest Iraq could pursue claims through the International Court of Justice (ICJ) or negotiate bilateral agreements with host nations.
 
They also stress the necessity of pursuing individuals and entities involved in the illicit appropriation of these assets,
potentially through international arrest warrants via INTERPOL if sufficient evidence is available.
 
For a nation facing ongoing economic challenges and heavily reliant on oil exports, the potential recovery or proper investment of these assets, valued around $100B, represents a monumental financial opportunity.
 
Economists believe even partial success could generate sustainable revenue streams,  
offering a vital diversification away from almost exclusive dependence on crude oil exports for its budget.
 
However, the path to reclamation is fraught with obstacles.
 
Experts caution that some assets may now be subject to statute of limitations in their host countries,
or may have been legally acquired by other parties during Iraq’s two-decade absence from active management.
 
Furthermore, concerns exist about potential internal political interference derailing recovery efforts,
especially if assets are now linked to influential figures or complex, decades-old contracts that would be difficult to unwind without triggering intricate legal disputes.
 

Despite these challenges, the  surprise rediscovery of the Mogadishu refinery has ignited a new sense of urgency and hope.
 
The Iraqi government’s renewed commitment, if pursued with transparency, international cooperation, and persistence,
could potentially unlock billions in national wealth that has lain dormant across the globe for far too long, offering a much-needed boost to its economic future.
 
5. Image Alt Text Suggestions:
 
* “Archival photo of the Iraqi-built oil refinery in Mogadishu, Somalia”
* “Map highlighting locations of potential lost Iraqi assets across Europe, Asia, and Africa”
* “Somali President Hassan Sheikh Mohamud”
* “Iraqi Prime Minister Mohammed Shia Al Sudani”
* “Graph or visual representing the estimated $90 billion value of Iraq’s forgotten assets”
* “A dilapidated historic building representing a neglected Iraqi asset abroad”      
https://www.iraqinews.com/iraq/iraqi-government-hunts-forgotten-global-assets-saddam-era/

Starting Tomorrow, Payment Cards From These Banks Will Be Suspended Abroad.
 
Economy     2025-05-31 | 07:22  16,893 views  Alsumaria News – Economic  Economic expert Munar al-Obaidi confirmed on Saturday that a large number of electronic payment cards issued by Iraqi banks will no longer work outside Iraq as of June 1.

This is  due to changes in the mechanisms used to enhance the  balances of these cards with global companies such as Visa and Mastercard.  told Al-Obaidi Sumaria News,
 
"Cards belonging to government banks will continue to operate normally, and  cards belonging to private banks that have accounts with US correspondent banks outside the country will remain active." 

He added, "The problem lies with cards issued by banks that do not have accounts with US banks, as
they are currently unable to top up their card balances, which leads to the cessation of their operations abroad." 

 Al-Obaidi pointed out that "the Central Bank of Iraq is currently working on activating a temporary mechanism in cooperation with the Trade Bank of Iraq (TBI) to strengthen the balances of these banks until they open accounts in American banks," stressing that  "the final solution will come when these banks complete their procedures with their correspondent banks in the United States."

 According to Al-Obaidi, What's going on? 
 
"Since the end of 2022, payment cards have become one of the tools used to expel foreign currency from Iraq, especially given the price gap between the parallel market and the official dollar exchange rate, which has put significant pressure on foreign exchange reserves." 

According to the expert, estimates indicate that "foreign spending via cards has reached approximately $10-12 billion annually, a significant figure that has directly impacted the currency market."  

Central Bank Decision
 
Under pressure from this, the Central Bank of Iraq decided to amend its operating procedures.
 
Iraqi banks are now required to replenish their card balances in dollars exclusively through US correspondent banks, to ensure transparency and monitor the flow of funds.
 
However, because many private banks do not currently have such accounts, their cards will not be valid outside Iraq until further notice.  

Al-Abidi confirmed that  Is there a solution soon?

"banks are working to open accounts with US correspondent banks, but until that happens, the problem will remain."
 
He called on citizens to "verify the type of card and the issuing bank, especially for those who rely on it for travel or online shopping abroad."  
  
https://www.alsumaria.tv/news/economy/528202/بدءاً-من-الغد-بطاقات-الدفع-لهذه-المصارف-تتوقف-خارج-البلاد

A Clear Monopoly And Binding Commissions." Observers Warn Of Arab Banks' Dominance Of Currency Sales.
 
Economy     2025-05-31 | 04:38  1,940 views  Alsumaria News – Economic  Economist Mahmoud Dagher confirmed on Saturday that  Arab banks' takeover of the currency exchange window portends an economic catastrophe. ,”

Dagher told Sumaria News  “Arab banks have come to dominate the currency sales window and foreign money transfer operations in Iraq, noting that “this came as a result of the series of US sanctions known as deprivation,
 
which Iraq strictly adhered to due to the great influence of the United States in the global financial system.”

He explained that   “the new reality has opened the way for banks with foreign capital, some with Arab contributions, to work intensively in the field of money transfers,
 
especially after a number of Iraqi banks withdrew from this activity as a result of the sanctions,
which led to a vacuum in the arena that these banks exploited to their advantage.” 

Dagher explained that  "only two or three banks currently control money transfer operations,
which amounted to approximately $80 billion in 2024, which represents a severe concentration in the remittance market."

He noted that  "this concentration has led to the emergence of a clear monopoly, as these banks now
 control trade and  import financing operations in Iraq and  impose commissions as they see fit,  which has negatively impacted diversity and competition within the banking sector." 

He explained that "the state is aware of the seriousness of this situation and is moving toward reforming the banking sector," warning that "any reform must be calm and thoughtful to avoid the creation of powerful financial blocs that monopolize transfer operations."  He stated, "The reform process cannot succeed if it is undertaken hastily or without taking into account market balance.
 
The goal must be to redistribute banking efforts more broadly and prevent a limited number of banks from monopolizing the market." https://www.alsumaria.tv/news/economy/528178/احتكار-واضح-وعمولات-ملزمة-مراقبون-يحذرون-من-هيمنة-مصارف-عربية-على-بيع    

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

Seeds of Wisdom RV and Economic Updates Sunday Morning 6-1-25

Good Morning Dinar Recaps,

Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System

XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, offering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.

Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails

Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could resolve many long-standing issues in cross-border payments, especially those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network.

The company emphasized the fragility of traditional rails, where outdated systems still rely on manual processes:

“Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.”

“Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted.

Ripple highlighted that these legacy systems, dependent on multiple intermediaries and correspondent banks, suffer from delays, errors, and lack of transparency. Payments often pass through up to five institutions before reaching the recipient—causing uncertainty and racking up fees.

This system, Ripple argued, is incompatible with the demands of modern global commerce. Issues like inconsistent messaging standards, foreign exchange markups, and regulatory complexity add to the inefficiencies and risks of international transactions.

Ripple Payments: A Blockchain-Based Alternative

In response, Ripple introduced its Ripple Payments platform—a blockchain-based system built as a modern, scalable solution to replace SWIFT’s outdated rails.

“Ripple Payments offers a cross-border stablecoin payment solution that is a modern alternative to traditional cross border payment rails,” the company explained.

Ripple’s solution uses XRP and the Ripple USD stablecoin (RLUSD) to enable fast, reliable, and affordable payments across borders. It provides real-time settlement, fee transparency, and lower operational risks, backed by a global payout network covering over 90% of the world’s foreign exchange markets.

While concerns about digital asset regulation remain, Ripple and other blockchain advocates argue that distributed ledger technology (DLT) is key to building a more efficient, inclusive, and future-ready financial infrastructure.

@ Newshounds News™
Source:  Bitcoin News

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BRICS, Euro, & Bitcoin: Why US Dollar Opposition Has Never Been Greater

It’s been a challenging year for the United States, marked by rising macroeconomic pressures and geopolitical tension. Now, the future of the US dollar as the global reserve currency appears more uncertain than ever. With BRICS, the euro, and Bitcoin gaining momentum, opposition to the greenback has never been greater.

Euro, Bitcoin, & BRICS: Can the US Dollar Withstand All Three?

The BRICS alliance has made no secret of its ambition to challenge the dollar’s dominance, but it’s not alone in 2025. Bitcoin has emerged as a hedge against fiat volatility, while Europe is asserting the euro’s international potential more forcefully.

US Vice President JD Vanec recently asserted that Bitcoin does not compete with the US dollar. However, that stance was undermined by a report from Standard Chartered Bank, which projected that Bitcoin is poised to grow stronger as confidence in the dollar wanes.

This adds to the growing pressure on the Western currency. With BRICS ramping up de-dollarization, the euro vying for more global relevance, and Bitcoin rising to an all-time high, the challenges facing the dollar have reached a historic level.

Christine Lagarde Eyes Euro’s Global Role

In a recent report, European Central Bank President Christine Lagarde stated that the shifting geopolitical landscape could present the perfect moment for the euro to increase its international influence. She emphasized the opportunity for the euro to become a stronger competitor on the global stage, further eroding the dominance of the greenback.

Meanwhile, the BRICS coalition is continuing its long-term campaign to de-dollarize—favoring local currencies and regional trade. This strategy has only accelerated amid rising tariffs and protectionist policies from the US.

Bitcoin: Catalyst or Competitor?

Perhaps the most intriguing element is the role of Bitcoin. Ironically, the US itself has played a pivotal role in pushing the cryptocurrency to new heights—culminating in a record-breaking price this year. But as Bitcoin's utility and appeal expand, it increasingly stands as a viable alternative to the US dollar, potentially undermining the very currency that helped boost its value.

With BRICS, the euro, and Bitcoin gaining global traction, the US dollar faces a perfect storm of competition unlike anything in recent history.

@ Newshounds News™
Source:  Watcher.Guru

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Thank you Dinar Recaps

MilitiaMan and Crew: Iraq Dinar Update-Banking Powerhouse-Coming days-UN-IMF-EBRD-IFC Supported-Oil & Gas Law-Salaries-ER

MilitiaMan and Crew:  Iraq Dinar Update-Banking Powerhouse-Coming days-UN-IMF-EBRD-IFC Supported-Oil & Gas Law-Salaries-ER

5-31-2025

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=e_CTVo73qDE

“Bits and Pieces” in Dinarland Sat. PM 5-31-2025

Gold Telegraph: Everyone is Sounding the Alarm Now

5-30-2025

BREAKING NEWS: THE TEXAS SENATE ADVANCED A BILL THAT WOULD ESTABLISH A STREAMLINED DIGITAL CURRENCY LINKED TO GOLD AND SILVER AS LEGAL TENDER

Poetry in motion.

“HB 1056 aims to allow Texans to make transactions using gold stored in the Texas Bullion Depository through a debit card system…”

Source: https://www.cbs19.tv/article/news/local/texas-senate-advances-gold-bill/501-143ce992-afb1-4b6a-a41a-e6d899441da1

One of the world’s largest copper mines remains partially offline, with 70% of its production halted. This mine is the third-largest copper producer globally.

As global copper supplies tighten, this is worth watching… Copper is the glue that holds the global economy together.

Never underestimate the power of the underdog. It’s been my mantra throughout my career and it’s the perfect way to describe gold.

You can dismiss it.
You can mock it.
You can try to break it.

But it always endures and when the world gets ugly, it roars back with a vengeance.

BREAKING NEWS: GERMANY’S TAXPAYERS FEDERATION SENT LETTERS THIS WEEK TO THE BUNDESBANK AND THE FINANCE MINISTRY CALLING ON THEM TO REPATRIATE THE GOLD STORED IN THE UNITED STATES.

Boom.

“Germany has stored gold in New York since Cold War…”

Source: https://www.reuters.com/business/finance/trump-spurs-questions-about-safety-germanys-gold-new-york-2025-05-30/

The CEO of America’s largest bank just warned that the U.S. bond market will crack under rising debt. Everyone’s sounding the alarm now. As I’ve said for years, QE helped inflate the greatest sovereign debt bubble in history. End scene.

Source(s):   https://x.com/GoldTelegraph_/status/1927802098546077786

https://dinarchronicles.com/2025/05/30/gold-telegraph-everyone-is-sounding-the-alarm-now/

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

Clare  Article:  "Al-Hassan: Iraq is on its way to becoming a banking powerhouse domestically and internationally." Quote: "Al-Hassan pointed out that the United Nations supports Iraq's approach, which will in the coming days become a banking force that interacts internally and externally."

Walkingstick  [Response to Guru Clare 5-31-2025 Article ] This is a big announcement.  The United Nations fronted Iraq.  They beat the CBI to the punch because this is a very big strong statement to release.  It's a new world now that Trump is back in office.

Luke Gromen: US Braces for Capital Controls as Global Trade Reset Begins

Daniela Cambone:  5-30-2025

“If one believes that this is a restructuring of the global trading system, as a lot of people do, then it is fait accompli, the United States is no longer going to have open capital account,” says Luke Gromen, founder and president of Forest for the Trees (FFTT).

He explains to Daniela Cambone that if the US keeps its capital account open while China restricts capital flows, it risks becoming a source of funds for a heavily indebted global economy during trade disruptions.

“Everybody wants to get their money out of China. Chinese say no. Then they go... to the US, sell stocks, sell treasuries. And the US loses the trade war.” Gromen also highlights that the status of gold has been strengthened since the 2008 financial crisis, when it became clear that the US would not reform fiscal policy but instead print money to resolve crises.

 “Gold is both preserving purchasing power and providing absolute national control,” he concludes.

Chapters:

00:00 Will gold price reach the moon?

5:44 Capital controls are inevitable

8:20 Geopolitical power is breaking down

10:00 Will the Fed be forced to cut rates?

11:59 Recession won’t be fatal

 13:41 Implications of debt spiral

16:29 Central banks buying gold

 20:38 Gold’s bullish run projection

 24:10 Gold’s future growth trajectory

25:48 Is financial reset looming?

https://www.youtube.com/watch?v=W6G6pNPMEno

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.

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

https://www.youtube.com/watch?v=oeC1m232oEQ

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.

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.

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

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.

https://www.youtube.com/watch?v=tghMsh9mkGQ

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.

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

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

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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.

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

Youtube:     https://www.youtube.com/watch?v=orGt9Q_w5Ms