Here’s How To Cash In Your Change Jar As US Says Goodbye To Pennies
Here’s How To Cash In Your Change Jar As US Says Goodbye To Pennies
Liesel Nygard Mon, June 2, 2025
With the Treasuring Department’s plans to stop the production of pennies, the public might be wondering what this means for their giant coin collection at home.
Payments made with cash by American consumers decreased to 16% in 2023, according to the Federal Reserve, and for the first time in history was not the most-used instrument for smaller-value payments of $25 or less.
Here’s How To Cash In Your Change Jar As US Says Goodbye To Pennies
Liesel Nygard Mon, June 2, 2025
With the Treasuring Department’s plans to stop the production of pennies, the public might be wondering what this means for their giant coin collection at home.
Payments made with cash by American consumers decreased to 16% in 2023, according to the Federal Reserve, and for the first time in history was not the most-used instrument for smaller-value payments of $25 or less.
In February, President Donald Trump announced that he had ordered his administration to cease production of the penny, which costs almost 4 cents to create, according to the U.S. Mint. Ending penny production is expected to create an immediate annual savings of $56 million in reduced material costs.
The news has caused some pushback as fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel, which costs almost 14 cents to mint.
Circulation pathways for coins have declined as consumer coin jars continue to grow and have expanded by as much as 15% to 20%, according to a 2023 Federal Reserve report. In fact, the median household sits on $60 to $90 in coins which is the equivalent of one to two 16-ounce cups or a medium-sized piggy bank.
This is mostly due to the lack of utility of coins as a payment option as digital payments have grown since the COVID-19 pandemic, the Federal Reserve added.
“When asked why consumers do not redeem their coins more frequently, the most common answer was that it was not worth the effort to do so,” the institution’s report reads.
Rather than collecting dust, consumers could visit a coin exchange kiosk or bank to trade those coins for cash.
“People underestimate the value of their jar by about half,” Kevin McColly, CEO of Coinstar told Delaware Online. “It’s a wonderfully pleasurable experience. People have this sensation of found money.”
TO READ MORE: https://finance.yahoo.com/news/cash-change-jar-us-says-174124726.html
News, Rumors and Opinions Wednesday AM 6-4-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 4 June 2025
Compiled Wed. 4 June 2025 12:01 am EST by Judy Byington
Military Declass: The Movie Is Entering It’s Final Act
Tues. 3 June 2025 3:03 pm EST GCR Rollout Began
Wed. 4 June 2025 Iraqi Dinar To Announce International Rate of $4.81 to $1.00 USD
Blackout Imminent
Hold The Line
Prepare
Trust The Plan
God Always Wins
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 4 June 2025
Compiled Wed. 4 June 2025 12:01 am EST by Judy Byington
Military Declass: The Movie Is Entering It’s Final Act
Tues. 3 June 2025 3:03 pm EST GCR Rollout Began
Wed. 4 June 2025 Iraqi Dinar To Announce International Rate of $4.81 to $1.00 USD
Blackout Imminent
Hold The Line
Prepare
Trust The Plan
God Always Wins
What We Think We Know as of Wed. 4 June 2025:
Tues. 3 June 2025 Ben Fulford on Telegram: Trust The Plan. Pending: Global Financial Armageddon: Collapse of Nine Nation’s Currencies Including the US Fiat Dollar. 209 Nations Global Currency Reset To Gold/Asset-Backed Sovereign Currencies. Dark To Light Checkmate! Worldwide Call To Fast And Pray. God Always Wins
Possible Timing:
At 3:03 EST on Tues. 3 June 2025 Operation Odin (QFS) was (allegedly) fully activated, EBS deployed through Starlink, banks closed, currencies cancelled, Sovereignty restored, codes active, accounts open, their system will freeze, yours will open. …Trump Family Channel, The 17th Letter (JFK Jr.), Julian Assange, Ben Fulford, WH Grampa on Telegram
Wed. 4 June 2025: (allegedly) Public Rollout of the GCR. …Iraqi Parliament, Matt Wallace on Telegram
From Thurs. 5 June to Mon. 9 June 2025 the Tier4B window would (allegedly) 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 to be completed.
Wed. 11 June Iraq set to make public announcement of the Dinar Revaluation (the end of a 5 day holiday), with international rate set at $4.81 Iraqi Dinar to $1.00 USN.
Around Sun. 15 June 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the final switchover to full QFS integration.
On Mon. 16 June 2025 Project Odin: Worldwide Blackout, Global Currency Reset, Call To Fast And Pray, Freedom From Debt
On Wed. 18 June to Sat. 21 June 2025 the Global Access Phase would begin for Tier 5, the General Public who hold foreign currencies to exchange.
Fri. 4 July 2025: Public rollout of Global Currency Reset.
Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq
~~~~~~~~~~~~~~~
Global Currency Reset:
At 3:03 EST on Tues. 3 June 2025 Operation Odin (QFS) was (allegedly) fully activated, EBS deployed through Starlink, banks closed, currencies cancelled, Sovereignty restored, codes active, accounts open, their system will freeze, yours will open. …Trump Family Channel, The 17th Letter (JFK Jr.), Julian Assange, Ben Fulford, WH Grampa on Telegram
Tues. 3 June 2025 Iraqi Parliament: The Iraqi Parliament must first pass the 2025 budget tables. That vote is scheduled for 11 AM EST on June 4. Once the budget clears, CBI’s narrative constraints dissolve, and a live IQD/USD quote of $4.81 IQD to $1. USD becomes inevitable.
Tues. 3 June 2025 MarkZ: “I have a number of Bond Contacts who are very excited that things will happen this week. They won’t give specifics, but are very excited.”
~~~~~~~~~~~~~~
Tues. 3 June 2025 Bruce:
At 11 am EST Mon. 2 June all aspects of NESARA were(allegedly) implemented
The big banks were(allegedly) put online with the QFS as of 6 pm Mon. night 2 June 2025.
Certain cases were being heard by the Supreme Court. As a result Tier4b should get notified either Fri 6 June or Sat 7 June of this week to make appointments.
An important announcement over the EBS will be aired soon.
A head of a Redemption Center in Bruce’s area will not go in to work until Fri. 6 June.
On Mon. 2 June at 6 pm EST a code was (allegedly) put in for every currency (over 100 currencies).
The Zim, the Dinar Contract Rate and higher currency rates are only available (allegedly) through Redemption Centers.
You need to get an appointment at a Redemption Center through a 800 number.
Redemption Centers will only be open for about 15 days after the 800 numbers come out.
After Redemption Centers close Zim can only (allegedly) be redeemed at Wells and Chase.
Read full post here: https://dinarchronicles.com/2025/06/04/restored-republic-via-a-gcr-update-as-of-june-4-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...we see more of the fruits of Iraq’s labor in combating AML[Anti-Money Laundering] in the article titled “NEW PARTNERSHIP TO CONNECT THE MIDDLE EAST AND EUROPE VIA IRAQ” Quote: “By working together, we will enhance regional and international connectivity, offering higher capacity, security, and efficiency for businesses, operators and hyperscalers across continents.” I have to say if they are not about to go international after reading this article, I am a monkey’s uncle…lol…
Militia Man They haven't exposed a real effective exchange rate yet. They haven't changed 1310 to any other number and they haven't disclosed specific data regarding Article 12 which is related to oil extraction costs...We haven't seen the valuation of what they're going to use for Article 140. Why? Because I think we need that interconnectivity that's taking place around the world. It's probably timed accordingly on their time, not Iraq's time...Iraq's integration into the global financial system will need to be synchronized, timed accordingly. That's how I see it.
If Silver Closes Over $35 This Week, It Will SMASH $50 FAST | Michael Oliver
Capital Cosm: 6-3-2025
“Tidbits From TNT” Wednesday Morning 6-4-2025
TNT:
Tishwash: Advisor to the Prime Minister: The value of Iraq's natural resources exceeds $16 trillion
The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector. He noted that the value of Iraq's natural resources exceeds $16 trillion.
Saleh told the Iraqi News Agency (INA): "Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector, a sector that has been neglected for decades. The government has signed memoranda of understanding with reputable international companies in the fields of mineral exploration and investment, particularly in phosphate, sulfur, lithium, and copper fields.
TNT:
Tishwash: Advisor to the Prime Minister: The value of Iraq's natural resources exceeds $16 trillion
The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector. He noted that the value of Iraq's natural resources exceeds $16 trillion.
Saleh told the Iraqi News Agency (INA): "Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector, a sector that has been neglected for decades. The government has signed memoranda of understanding with reputable international companies in the fields of mineral exploration and investment, particularly in phosphate, sulfur, lithium, and copper fields.
This is within the framework of the strategic directions of the Iraqi government's program to diversify sources of national income and optimally utilize the country's resources." He added, "Investment in the mining sector will contribute to attracting billions of dollars in fields ripe for development, such as sulfur, phosphate, lithium, and other minerals."
He pointed out that "Iraq ranks first in the world in terms of the concentration of natural resources per square kilometer, and ninth globally in the value of various natural resources, with an estimated value exceeding $16 trillion, according to published global estimates."
He explained that "the various reserves of land wealth constitute a diverse stock of minerals, foremost among which is phosphate: its reserves are estimated at more than 10 billion tons, and our country ranks second globally in terms of reserves, and is concentrated in the Akashat region of Anbar Governorate. Second is free sulfur: our country enjoys large reserves in Mishraq in Nineveh Governorate, which are among the largest free sulfur fields in the world. Third is silica: in the Najaf region and western Iraq, it is used in the glass, electronics, and semiconductor industries, and is among the most important and purest reserves in the world, according to published international estimates." He continued, "Likewise, iron, manganese, copper, and gold are distributed across various regions of Iraq, particularly in the Kurdistan Region and the western and central borders, except for southern Iraq, which possesses vast reserves of other rare natural resources."
He pointed out that "the policy of diversifying the national economy by extracting and processing mineral resources for national industries, and then adopting their export by maximizing value-added chains in manufacturing or semi-manufacturing industries, will add at least 10 percent to the GDP in the first phase."
He pointed out that "after that, the percentage will increase to become one of the pillars of diversifying national income sources over time, especially if the link between mineral investment and the development of national manufacturing industries grows, such as fertilizer, aluminum, glass, electronics, and batteries related to renewable energy.
This is in addition to the introduction of foreign capital and advanced digital technology and services, the provision of national job opportunities, and investment in Iraqis as a productive national resource."
He emphasized that "the mineral diversification policy is one of the opportunities to implement the philosophy of sustainable development and free the national economy from the extreme monopoly of oil resources. It is considered an economic defense against the monopoly of oil prices, which directly impacts the state budget."
He emphasized that "present and future generations will witness a new era of investment for Iraq in economic and technological progress and prosperity, towards building a promising model of balanced development." He noted that "Iraq, which strongly aspires to build investments in mining fields as an additional resource in the medium and long term, does not rule out investment in oil fields, but it cannot completely replace oil in the near term.
Rather, it serves as an important complement to the strategy of diversifying the national economy."
He concluded by saying: "The mining sector represents a promising opportunity for Iraq, not only to increase public financial revenues, but also to restore the structural balance of the Iraqi economy, create major national employment opportunities, and achieve diversified development in areas rich in natural resources, which will lead to increased investments in infrastructure, within a model of geographically balanced economic development for all of Iraq." link
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Tishwash: Babylon discusses investment opportunities with the European Union ambassador
The local government in Babylon announced today, Tuesday, the reception of the European Union Ambassador to Iraq, Thomas Seiler, where the prospects of supporting European companies' investment in Babylon Governorate in various sectors were discussed.
Babil Governor Adnan Al-Faihan said, "During the meeting, the most prominent investment opportunities available in the province were reviewed, based on Babil's distinguished strategic components that qualify it to be at the forefront of Iraqi provinces in the industrial and agricultural fields, especially since it is the food basket of the Middle Euphrates, and has appropriate infrastructure and a fertile environment for investment.
He added, "We also provided the ambassador with a detailed explanation of the province's distinguished geographical location, its natural resources and the abundance of arable land, in addition to the presence of government and private factories that are capable of development, stressing our serious desire to attract investments to advance the economic and urban reality, and transform Babil into a competitive center capable of keeping pace with developed countries, especially since some of those countries do not have the capabilities and advantages that Babil possesses."
He stressed the local government's confirmation of the province's full readiness to cooperate with all European companies wishing to invest, while providing all necessary facilities and guarantees to create an attractive investment environment that contributes to achieving sustainable development and the desired economic prosperity. link
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Tishwash: A strategic partnership between Asiacell and a Chinese company to enhance digital transformation in Iraq.
China Mobile International (CMI) Limited and Asiacell announced the signing of a memorandum of understanding aimed at enhancing cooperation in the field of telecommunications and digital solutions in Iraq, with a particular focus on empowering the business and enterprise (B2B) services sector.
A company statement received by Al-Mada said, "This partnership aims to support digital transformation efforts in Iraq by leveraging CMI's global expertise in technology and international connectivity, along with Asiacell's operational capabilities and infrastructure within the country. The two companies seek to provide innovative, reliable, and scalable solutions that contribute to raising business efficiency and stimulating growth across various sectors."
In this context, Alex Li, General Manager of China Mobile International in the Middle East, said: “We are very excited to work with Asiacell to open new horizons in Iraq. Our shared vision of building a digitally connected world and leveraging advanced technologies aligns perfectly with the growth potential of this market. This partnership represents our commitment to enhancing connectivity, driving digital transformation, and empowering businesses to keep pace with the digital age.”
For his part, Amer Al Sanaa, CEO of Asiacell, emphasized the importance of this collaboration, saying, "This partnership represents a milestone in Iraq's digital transformation journey. We are excited to partner with CMI, as this collaboration reflects our deep commitment to providing world-class communications and technology solutions that meet the needs of the region's evolving business sector."
This step reflects both parties' commitment to supporting Iraq's digital infrastructure and fostering innovation and sustainable growth through the integration of corporate services, international connectivity, and advanced technologies, contributing to building a globally competitive and interconnected digital economy. link
Figured out the Answer I Did!!! - ole ""Mot"" Answers AGAIN!!
Mot: OUCHie !!!!
Iraq Economic News And Points To Ponder Tuesday Evening 6-3-25
Coordination Framework Calls For Resolving Disputes Between The Center And The Region By Enacting An Oil And Gas Law
Political | 09:12 - 03/06/2025 Mawazine News - Baghdad - The Coordination Framework stressed, on Tuesday, the necessity of enacting an oil and gas law to resolve the outstanding issues between Baghdad and Erbil, while warning against the use of political money to influence public opinion in the elections.
Coordination Framework Calls For Resolving Disputes Between The Center And The Region By Enacting An Oil And Gas Law
Political | 09:12 - 03/06/2025 Mawazine News - Baghdad - The Coordination Framework stressed, on Tuesday, the necessity of enacting an oil and gas law to resolve the outstanding issues between Baghdad and Erbil, while warning against the use of political money to influence public opinion in the elections.
A statement by the Coordination Framework received by Mawazine News stated that it "held its regular meeting at Ammar al-Hakim's office, in the presence of Prime Minister Mohammed Shia al-Sudani, to discuss the latest developments in the political, service, and electoral situations."
Regarding developments with the Kurdistan Region of Iraq, the Coordination Framework, according to the statement, called for "dealing with every national issue in accordance with the constitution and governing laws," stressing "the federal government's commitment to the rights of all its citizens and its serious efforts to remove all obstacles.
" The Coordination Framework stressed "the necessity for the House of Representatives to enact an oil and gas law," considering it "the essence of the solution to the outstanding issues between Baghdad and Erbil."
Regarding the elections, the Coordination Framework renewed its "emphasis on holding the elections on the scheduled date," calling on the Iraqi people to "update biometric voter cards and participate widely, effectively, and consciously in the elections."
The Coordination Framework also warned against "the use of political money to influence public opinion." The Coordination Framework calls for resolving disputes between the central government and the region through enacting an oil and gas law
Mawazine News - Baghdad
The Coordination Framework stressed on Tuesday the need to enact an oil and gas law to resolve outstanding issues between Baghdad and Erbil, while warning against the use of political money to influence public opinion in the elections.
A statement by the Coordination Framework received by Mawazine News stated that it "held its regular meeting in Ammar al-Hakim's office, in the presence of Prime Minister Mohammed Shia al-Sudani, to discuss developments in the political, service, and electoral situations."
Regarding developments with the Kurdistan Region of Iraq, the Coordination Framework, according to the statement, called for "dealing with every national issue in accordance with the constitution and governing laws," stressing "the federal government's commitment to the rights of all its citizens and its serious efforts to remove all obstacles."
The Coordination Framework stressed "the need for the House of Representatives to enact an oil and gas law," considering it "the essence of the solution to the outstanding issues between Baghdad and Erbil."
Regarding the electoral issue, the Coordination Framework reiterated its "emphasis on holding the elections on the scheduled date," calling on the Iraqi people to "update biometric voter cards and participate broadly, actively, and consciously in the elections." The Coordination Framework also warned against "the use of political money to influence public opinion." https://www.mawazin.net/Details.aspx?jimare=262125
Oil Continues To Rise
Time: 2025/06/03 Read: 2,055 times {Economic: Al Furat News} Oil prices rose for a second day, as the dollar's decline boosted the appeal of US-denominated commodities, while geopolitical tensions limit the prospects for increased supplies from Russia and Iran.
Brent crude traded near $65 a barrel after jumping 2.9% on Monday, while US West Texas Intermediate crude held steady at around $63.
The Bloomberg Dollar Index hit its lowest level since 2023, as Wall Street banks reiterated their expectations of a further decline in the value of the US currency. LINK
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
This Is A $118 Billion “Strategy” For Insanity
This Is A $118 Billion “Strategy” For Insanity
Notes From the Field By James Hickman (Simon Black) June 3, 2025
Last week when I wrote about America’s new stablecoin legislation (bizarrely called the “GENIUS Act”), a number of readers wrote in asking me to clarify a comment that I made about the Bitcoin company ‘Strategy’, i.e. formerly MicroStrategy. I explained in the article that I am pro-crypto and have been since the early 2010s; for me it’s about freedom.
Many banks have proven time and time again that they simply cannot and should not be trusted with their customers’ money.
This Is A $118 Billion “Strategy” For Insanity
Notes From the Field By James Hickman (Simon Black) June 3, 2025
Last week when I wrote about America’s new stablecoin legislation (bizarrely called the “GENIUS Act”), a number of readers wrote in asking me to clarify a comment that I made about the Bitcoin company ‘Strategy’, i.e. formerly MicroStrategy. I explained in the article that I am pro-crypto and have been since the early 2010s; for me it’s about freedom.
Many banks have proven time and time again that they simply cannot and should not be trusted with their customers’ money.
Wells Fargo is the poster child for blatant theft and deceit. And Bank of America is currently the prime example of recklessly irresponsible decision-making; that institution has managed to rack up more than $100 BILLION of unrealized losses from bad investments they made with YOUR money.
Crypto eliminates all of this. You can store your savings (whether as a risk asset like Bitcoin, or via US dollar stablecoins) and transact without having to deal with a bank. And this is a massive benefit.
Then there’s Strategy-- the company formerly known as MicroStrategy. By its own description, Strategy is “Bitcoin Treasury company”, which is to say that their primary business is to own Bitcoin.
And they own lots of Bitcoin-- 580,955 to be exact, worth $61.5 billion at the current price. Yet Strategy’s enterprise value is $118+ billion, or nearly TWICE the value of its Bitcoin. And this is one of the strangest things I’ve ever seen in financial markets.
Yes, technically, Strategy also has a software business, because they barely mention it.
Just have a look at Strategy’s own Q1 update-- a NINETY-TWO-page presentation that had precisely ONE slide (#26) devoted to its software business. Literally one slide. And there wasn’t even much detail-- the slide was entitled “Software Highlights” and only showed top-level revenue.
In other words, the company’s own presentation spends about 1% of its time talking about the software business without bothering to mention whether or it it’s even profitable.
(It’s not profitable; if you read the footnotes and financial addenda, you’ll see that Strategy’s “cloud-based, AI-powered” software loses LOTS of money…)
The other 99% of the presentation talks about Bitcoin. So, Strategy makes no bones about it-- they are a Bitcoin company. Full stop.
And if they’re not talking about Bitcoin, they’re talking about how much money they’re going to raise, to buy more Bitcoin.
Strategy’s current plan calls for a whopping $42 billion in new capital-- a number they seem to have landed on not through hardcore financial analysis, but as a joke related to Hitchhiker’s Guide to the Galaxy in which ‘42’ is the answer to the ultimate question of life.
Half of this $42 billion will be raised by indebting the company more, and the other half by diluting existing shareholders.
Management’s ultimate goal is to increase the average number of ‘Bitcoin per share’ that the company holds. That’s not unreasonable. But for this to happen, there are a number of things that have to go right-- from cybersecurity to crypto markets-- nearly all of which are beyond their control.
They don’t seem to have given these risks much thought. They assume, for example, that the Bitcoin price will appreciate by 30% per year.
And there are a number of very attractive charts, several of which demonstrate how high Strategy’s stock price will go in various scenarios. They show graphs with lines that start from the bottom left and soar to the top right, and there seems to be no credible way in which investors could lose money.
Then they polish it all off with made-up metrics like “Bitcoin Yield”, “Bitcoin Multiple”, “BTC $ Income”, and my personal favorite, “Bitcoin Torque”.
Strategy ends up disclosing six full pages of definitions just to explain what the hell they mean with these new terms.
For example, they humbly admit that “BTC $ Income is not equivalent to ‘income’ in the traditional financial context.” In other words, it’s not income. But they’re calling it income anyway.
Honestly it reminds me of Adam Neumann making up his own financial metrics when he infamously published WeWork’s “Community Adjusted Earnings” several years ago.
Strategy concludes its Q1 update by asking shareholders to spread the word and “educate their peers” about Bitcoin and MicroStrategy securities, i.e. help us keep this bubble going by finding more people to overpay for our assets.
And that’s exactly what it is; again, based on its stock price, Strategy is worth $118+ billion. Yet its BTC holding are worth $61.5 billion. So, anyone who buys Strategy stock solely for the Bitcoin exposure is overpaying by 2x.
Buying Strategy stock is the equivalent of paying $210,000 for Bitcoin today. And if you are willing to pay $210,000 for Bitcoin today, please contact me right away and I will gladly sell you some of mine.
Strategy doesn’t hide from this insanity. In fact, they’re leaning into it. They even track this on their website under the metric “mNAV”, i.e. the multiple by which investors overpay for the company’s Bitcoin.
Their presentation actually tries to rationalize this phenomenon; they claim the 2x mNAV is justified because of their stock’s volatility (which attracts traders) or that their “brand recognition and scale drive superior investor interest.”
Some of their financial models even assume that this mNAV will INCREASE to 3x!
Maybe so. But the bottom line is that there’s most likely a lot more upside to own Bitcoin directly. And the hard truth is that if you can’t figure out how to own Bitcoin directly, you probably shouldn’t bother buying Bitcoin to begin with… let alone paying twice the price for it.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Evening News with MarkZ, joined by Dr. Jay Caprietta. 06/03/2025
Evening News with MarkZ, joined by Dr. Jay Caprietta. 06/03/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening and welcome everyone
Member: Mark- Did you say Iraq was officially international on forex? Or were you misquoted?
Evening News with MarkZ, joined by Dr. Jay Caprietta. 06/03/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Evening and welcome everyone
Member: Mark- Did you say Iraq was officially international on forex? Or were you misquoted?
MZ: No, somebody had let me know that they had their spot ready on forex to go fully international. But, they have not activated it yet. That was Friday or Saturday last week.
Member: Just read on twitter or X that Iraq is voting on budget tables tomorrow?
Member: Ariel just put up an Iraqi dinar update on X at 1 hour ago. It’s a great post. “Rapid IQD reevaluation by late June 2025” is possible.
MZ: “Despite Baghdads protest -Kurdistan region begins Gas Extraction for imports to Europe” The US has pushed Kurdistan to start the extraction process. The next step is to send it through the pipeline. This shows the pressure they are under to wrap up the disagreements in Iraq.
MZ: “Iraq has made great progress in its path to the World Trade Organization.” Iraq has completed the requirements for ascension as soon as they change the value.
Member: Mark do you think we are seeing the world wide shake-up to get this RV to happen under the radar?
MZ: I do.
Member: hello Mark... any update on bond side? Thanks
MZ: I have a number of bond contacts ….a symphony of bond holders who are convinced that this is the week we will see something. At least those that still will talk….many have still gone just plain quiet.
MZ: They don’t give me specifics but they are very upbeat.
Member: Will the bolivar be in the first basket
MZ: I do believe the bolivar will be in the first basket.
Member: Mark, From TNT- hearing possibly .30 cents on the Bolivar
MZ: I hope that’s right. I am not hearing anything on rate yet. That would be awesome.
Member: Rumor has it $6 for the IQD, and $5 on the VND.
MZ: I still hear The IQD in the high $4 or almost $5 and $2+ for the VND. But I hope you are right and I am wrong.
Member: Mark z -thank you for all the news updates and encouragement.
Member: Have a good night with RV dreams
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
Economist’s “News and Views” 6-3-2025
Post-Dollar World Incoming as Global Reset Unfolds
Taylor Kenny: 6-3-2025
Nations across the globe are dumping Treasuries, creating new trade systems, and turning to gold.
This is not just an economic trend, it is a full blown monetary reset that is already in motion.
Don’t let your financial future become another Blockbuster story.
See how gold is taking center stage and what you can do to prepare before the reset hits
Post-Dollar World Incoming as Global Reset Unfolds
Taylor Kenny: 6-3-2025
Nations across the globe are dumping Treasuries, creating new trade systems, and turning to gold.
This is not just an economic trend, it is a full blown monetary reset that is already in motion.
Don’t let your financial future become another Blockbuster story.
See how gold is taking center stage and what you can do to prepare before the reset hits
U.S. Funding Crisis: Fed’s QE Is Coming by September, Gold to Soar to $4,500-$5,000 | Adrian Day
Kitco News: 6-3-2025
Gold is surging above $3,350 and silver just broke $34, but are we witnessing a true breakout, or just another head fake?
Adrian Day, Chairman and CEO of Adrian Day Asset Management, returns to Kitco News from the Mining Investment Event in Quebec City to break it all down.
He explains why gold’s fundamentals remain rock solid, central banks are still buying, and why miners remain deeply undervalued despite record margins. Key points:
Gold and silver rally as OECD slashes global growth forecast
Central bank demand for gold remains strong, despite slowing pace
Mining stocks are undervalued – Barrick and Agnico singled out
Day expects QE by September, not rate cuts
Bullish on gold, uranium, and copper through 2026
Is China about to reset the gold price?
Goldcore TV: 6-3-2025
In a move that could reshape global finance, #China is quietly rewriting the rules of the game.
The Shanghai Futures Exchange is opening its #gold futures market to overseas investors, tying pricing to real physical delivery.
This isn’t just another market tweak. It’s a bold step in Beijing’s long-term plan to move global financial power east. At the heart of that plan lies a potent combination: gold and the #yuan.
China is moving away from US Treasuries, building its gold reserves, and slowly constructing an alternative financial system that doesn’t rely on the dollar.
While the West drowns in debt, rising yields, and fragile banks, China is offering the world something different: monetary sovereignty backed by something real.
Could Shanghai become the new centre of global gold pricing? Is China preparing to back the yuan with gold? And what happens when physical gold, not leveraged paper, sets the price?
This is not about headlines or posturing. It’s about vaults, strategy, and power.
The dollar may still dominate, but China isn’t just participating in the system anymore. It’s rebuilding it.
Watch to understand how gold is becoming the quiet core of a global financial reset.
Iraq Economic News And Points To Ponder Tuesday Afternoon 6-3-25
Experts: Liberation From The Rentier Economy Occurs Through Modern Banking.
June 2, 2025 Baghdad - Qusay Munther Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil to a diversified and sustainable capital market.
Experts: Liberation From The Rentier Economy Occurs Through Modern Banking.
June 2, 2025 Baghdad - Qusay Munther Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil to a diversified and sustainable capital market.
Banking Power
“The United Nations mission confirmed that Iraq possesses strong components that qualify it to become a regional banking power in the coming years, provided that available opportunities and capabilities are effectively invested,” said expert Anwar Dawood Al-Khafaji in a statement received by Al-Zaman yesterday.
She added that “the Iraqi banking sector, which has suffered for decades from serious challenges such as wars, sanctions, corruption, and mismanagement, is now witnessing important transformations, represented by the adoption of modern banking reforms, the move towards financial inclusion, and linking Iraqi banks to international networks.”
She pointed out that “the United Nations mission believes that Iraq possesses significant liquidity and huge cash reserves, in addition to a strategic geographical location between the markets of the Gulf, Turkey, and Iran, which enhances its chances of becoming a regional financial center.”
Al-Khafaji explained that “transforming into a banking power is not limited to modernizing the infrastructure alone, but rather requires building an integrated financial system characterized by transparency, efficiency, and trust, and attracting capital and investments,” stressing “the importance of establishing a modern banking culture based on financial inclusion, digitization, and compliance with international standards, stressing that this will redraw the map.”
The national economy and enhances the status of the Iraqi dinar), and she went on to say that (the development of the banking sector will create a suitable environment to attract local and foreign investment, and provide financial support to small and medium enterprises that form the backbone of any productive economy, especially since these developments will positively reflect on stimulating the market and moving the wheel of industry, agriculture and trade, away from excessive dependence on oil), and she pointed out that (citizens will benefit directly from this transformation through the provision of easy financial services such as loans, payment cards and savings accounts, in addition to improving financial stability and reducing the parallel economy that burdens the state and citizens)
Strong Will
He continued, saying, "There is a need for strong political will to support the independence of the Central Bank, develop human resources in the banking sector, and firmly combat financial corruption, as trust is the cornerstone of building true banking strength.
It cannot be bought, but rather earned through commitment, transparency, and achieving tangible results." For their part, bankers said, "Iraq's success on this path will transform the country into a vibrant financial center in the heart of the Middle East," highlighting that, "This is the transformation the economy needs, the citizen deserves, and future generations await." LINK
Baghdad markets witness a rise in dollar prices at the opening of trading on Tuesday.
Time: 2025/06/03 10:27:18 Reading: 2,190 times {Economic: Al Furat News} The US dollar exchange rate rose this morning, Tuesday, in Baghdad markets. The prices are as follows: The selling price is 142,500 Iraqi dinars for $100, and the buying price is 140,500 Iraqi dinars for $100. LINK
Gold Retreats After Approaching A Four-Week High
Money and Business Economy News - Follow-up Gold prices fell on Tuesday, after approaching a four-week high, as a modest rise in the dollar pressured the yellow metal. However, uncertainty over the US-China trade deal kept investors cautious and limited gold's decline.
Spot gold fell 0.3% to $3,369.98 per ounce by 02:49 GMT, after hitting its highest level since May 8 earlier in the session. U.S. gold futures were steady at $3,390.
The yellow metal rose about 2.7% in the previous session, recording its strongest daily performance in more than three weeks.
"The dollar has recovered a bit and gold has fallen, so they are inversely related at this point," said Brian Lan, general manager at GoldSilver Central in Singapore. But he added that gold still closely tracks developments related to global trade. The dollar index recovered slightly from a six-week low.
The White House said on Monday that US President Donald Trump and his Chinese counterpart, Xi Jinping, are likely to speak this week, days after Trump accused Beijing of violating an agreement to reduce tariffs and trade restrictions.
The United States is set to double tariffs on steel and aluminum imports to 50% starting Wednesday, the deadline set by the Trump administration for countries to submit their best proposals in trade negotiations.
Meanwhile, a memo published by Russian media showed that Moscow informed Kyiv during peace talks on Monday that it would only agree to end the war if Kyiv ceded significant new territory and accepted limits on the size of its military.
As for other precious metals, spot silver fell 2.1% to $34.07 per ounce, platinum was steady at $1,062.46, and palladium rose 0.1% to $990.26. https://economy-news.net/content.php?id=56135
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Bizarrely, The “GENIUS Act” Might Actually Be Pretty Genius…
Bizarrely, The “GENIUS Act” Might Actually Be Pretty Genius…
Notes From the Field By James Hickman (Simon Black) May 30, 2025
Peter Schiff isn’t just my partner at Schiff Sovereign-- we’ve been close friends for many years. And we generally see eye-to-eye on most things going on in the world.
But one area where we disagree is crypto. Not to put words in his mouth, but Peter is pretty vocal in his criticism of Bitcoin; he says it’s “useless” and a “total scam” and predicts it will go to zero.
Bizarrely, The “GENIUS Act” Might Actually Be Pretty Genius…
Notes From the Field By James Hickman (Simon Black) May 30, 2025
Peter Schiff isn’t just my partner at Schiff Sovereign-- we’ve been close friends for many years. And we generally see eye-to-eye on most things going on in the world.
But one area where we disagree is crypto. Not to put words in his mouth, but Peter is pretty vocal in his criticism of Bitcoin; he says it’s “useless” and a “total scam” and predicts it will go to zero.
I disagree. There are a number of important use cases for crypto-- whether as a speculative asset for capital gain, a store of value, a digital currency for online transactions, a private means to hold wealth, a way to disconnect from the banking system, etc.
This isn’t a “scam”. Rather, it’s useful, functional technology… which is why I recommended it to my audience as far back as March 2013.
Obviously crypto has deep flaws and areas to improve. And just like in any frontier boom, plenty of thieves and lunatics have emerged. But to judge crypto based on the misdeeds of Sam Bankman-Fried is like condemning the stock market because of Bernie Madoff.
All that said, there are still plenty of things that I’m skeptical about.
For example, I think there’s a bizarre disconnect between Bitcoin’s market cap and its actual value; I recognize that Bitcoin is the original cryptocurrency, and there’s some ‘brand value’ associated with that.
But as the oldest cryptocurrency, it’s also the most technologically obsolete… therefore it should not be the most valuable; no other sector places the highest value on the most obsolete technology. Only crypto. And that’s a bit odd.
There are plenty of other oddities; for example, it’s strange that the company Strategy (formerly Microstrategy) has an enterprise value of $112 billion, even though its only asset is $61 billion worth of Bitcoin.
In other words, the company is worth nearly twice as much as the Bitcoin that it owns; this is bizarre and doesn’t make any sense.
I’m also extremely skeptical of the US government’s involvement in crypto; the pre-election promises of starting a Sovereign Wealth Fund to own Bitcoin struck me as completely ludicrous.
I mean… think about it: one of the things that would drive up the price of Bitcoin is excessive government spending. So rather than cut spending, the government wants to own an asset that will benefit from their own financial irresponsibility. It’s back asswards in my humble opinion.
Naturally I was also skeptical when I heard about the GENIUS Act (Senate bill 394) to regulate crypto.
Then I read the legislation. And I concluded that the GENIUS Act might actually be pretty genius.
GENIUS stands for “Guiding and Establishing National Innovation for US Stablecoins”. Something tells me ChatGPT came up with that.
And the basic idea is for state and federal regulators to authorize “Permitted Stablecoin Issuers” who could… well, do just that-- issue stablecoins.
States can issue their own licenses and permits to stablecoin businesses. But once a particular coin passes a $10 billion market cap, it must be regulated by the Feds.
Here’s the smart part: in the definition of stablecoins, they include anything that owns short-term Treasury bills. So, through this legislation, they are creating an entirely new class of investors who would purchase US government debt.
This is pretty important, because the Treasury Department is in sore need of new lenders.
Foreign investors are fleeing the Treasury market; after decades of being considered the world’s “risk-free asset”, foreign governments and central banks are aggressively reducing their dollar holdings.
This is THE primary reason why the gold price has come so high: foreign governments and central banks have been cashing in their Treasury bonds, then trading that US dollar cash for gold.
Given that the “One, Big, Beautiful Bill” calls for another $2 trillion deficit this fiscal year, Treasury is going to need all the lenders it can get.
Remember that stablecoins (especially under this legislation) are basically just money market funds in disguise; they pool capital and buy government bonds.
So, this GENIUS Act is essentially a way of tapping crypto wealth and diverting that capital into Treasury securities.
It’s a clever idea. But frankly it would be a lot better if the government simply cut spending rather than come up with innovative ways to finance the deficit.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Dr. Scott Young: Faith and Evidence in the Deletion of the IRS and the Fed
Dr. Scott Young: Faith and Evidence in the Deletion of the IRS and the Fed
6-2-2025
We’ve all heard the saying, “I’ll believe it when I see it.” It’s a common expression, often used to express skepticism or a desire for concrete proof.
But what if that very mindset is preventing you from experiencing the blessings in your life? What if the act of believing, of operating in faith, is the key to unlocking a brighter future?
Dr. Scott Young: Faith and Evidence in the Deletion of the IRS and the Fed
6-2-2025
We’ve all heard the saying, “I’ll believe it when I see it.” It’s a common expression, often used to express skepticism or a desire for concrete proof.
But what if that very mindset is preventing you from experiencing the blessings in your life? What if the act of believing, of operating in faith, is the key to unlocking a brighter future?
This isn’t about blind adherence to unsubstantiated claims. It’s about recognizing the potential for positive change and embracing the possibility that things can be better.
Consider the growing concerns surrounding the Federal Reserve and the national debt. The sheer weight of Treasury Bonds and the potential inability to finance them have led some to believe the Fed is on an unsustainable path.
Beyond the financial realm, many question the necessity of the IRS in providing essential government services. Is it possible to function effectively without this institution constantly taking from the people? The possibility, and perhaps the potential benefits, are compelling.
For years, figures like Dr. Scott Young have been discussing scenarios that involve the deletion of institutions like the IRS and the Fed. This vision, though seemingly radical, may align with a longer-term plan, reportedly championed by President Trump, rooted in his purported background as an economist aiming to fundamentally fix our country’s financial structure.
Now, this isn’t an endorsement of any particular political figure or a guarantee of specific outcomes. Instead, it’s a call to open our minds to the potential for change and to consider a different perspective.
The saying “seeing is believing” often limits us to the present, to what we can already perceive. Operating in faith, however, allows us to envision a future we actively want to create. It allows us to see possibilities where others see only problems.
What if, instead of demanding to see the evidence before believing in a potentially brighter future, we considered the possibility that believing in that future is the first step towards manifesting it?
Ultimately, the choice is yours. Will you wait to see the evidence before believing? Or will you embrace the possibility of a better future and operate in faith, potentially unlocking the blessings that await? This isn’t about blind faith; it’s about recognizing the power of belief and its potential to shape reality. It’s about choosing to see the potential for good, even when it’s not immediately visible.
Tuesday Coffee with MarkZ. 06/03/2025
Tuesday Coffee with MarkZ. 06/03/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM Markz, Mods, Everyone & friends
Member: RV there yet?
Member: Did Jerome Powell step down from the Fed?
MZ: I have not been able to confirm that. There are many rumors everywhere.
Tuesday Coffee with MarkZ. 06/03/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM Markz, Mods, Everyone & friends
Member: RV there yet?
Member: Did Jerome Powell step down from the Fed?
MZ: I have not been able to confirm that. There are many rumors everywhere.
Member: Will the RV be delayed by Iraq elections coming up this year.?
MZ: Sudani said he would increase the purchasing power of the dinar during his term. That is going to end this fall…so we know he is on a short fuse to get things done before the election.
MZ: “The coordination framework calls for resolving disputes between the centre and the region through the legislation of the Oil and Gas Law” this is a dominate theme in the news this morning. 15 years ago – I was told that when this was done- we go…..and quickly. I love seeing this enormous amount of political pressure. This law should be before parliament before the middle of June.
Member: The oil and gas law needs the rate. We are not waiting on it to RV. Rate exposed and then the Oil and Gas law is approved. We won’t care at that point. IMO
MZ: “Sudani confirms financial obligations to the Kurdistan Regional government and the approval of the Oil and Gas Law”
Member: MarkZ: Bara said his bond contact said payment today…. What about your bond contacts???
MZ: I have more bond folks with expectations for this coming weekend. There seems to be some sort of push from many sources to between the 7th and the 9th.
MZ: Nothing new on CMKX ect…….
Member: It sure would be nice if they'd just flip the switch on this, Seriously what's the hold up?
Member: Maybe we are waiting on new asset backed currency….or maybe they are waiting for audits of the Fed and UST to get done??????
Millionaires: Jamie Diamond said yesterday that Chase Bank will be offering services that will WOO millionaires
Member: Many European Banks are closed next Monday
Member: Remember as of July 1, in 30 days, Basel III compliance becomes LAW
Member: I feel as though this weekend has a very good chance to be the one we await...
Member: Thank you, Mark for what you do you’re definitely my inspiration in this whole process. Keep it going, brother.
Member: See everyone tonight……have a great day.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
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