Iraq Economic News And Points To Ponder Wednesday Afternoon 6-4-25

Central Bank Of Iraq: No Shortage Of Liquidity, And Foreign Exchange And Gold Reserves Are On The Rise.
 
June 2, 2025  Baghdad/Iraq Observer  The Central Bank confirmed on Monday that  liquidity is fully available, while noting that  reserves have exceeded $100 billion.
 
“Liquidity is fully available, whether in Iraqi dinars or US dollars, and   there is no shortage in this regard,” said Mohammed Younis, the bank’s general manager of investments, in a press statement monitored by the Iraq Observer.

He pointed out that “the Central Bank’s reserves have exceeded $100 billion, in addition to Iraq’s large gold reserves, exceeding 163 tons.” Younis added,
 
"The Central Bank   
     is not an investment entity, but rather
     is responsible for managing Iraq's foreign exchange reserves," explaining that
 
"the goal of these reserves is not to generate profits,
but rather to ensure reasonable returns." He continued,
 
"The reserve 
     is managed according to well-thought-out policies based on high security standards, and 
     is invested in safe financial instruments that generate acceptable returns." He emphasized that
 
"Iraq is on a sound economic path."     https://observeriraq.net/المركزي-العراقي-لا-شحّة-في-السيولة-واح/  

Al-Ghariri: Iraq Is Getting Closer To Membership In The World Trade Organization.
 
Tuesday, June 3, 2025 | Economic     Number of readings: 7  Baghdad/ NINA / Minister of Trade, Atheer Al-Ghariri, announced that  Iraq has made significant progress on its path to joining the World Trade Organization, stressing Baghdad's serious commitment and transparency in meeting the requirements of this important international process.  

Al-Ghariri explained in a statement that "the national team tasked with completing the accession requirements has completed answering more than 450 technical questions submitted by the organization's members, which reflects Iraq's commitment to achieving this strategic goal." 

The minister added, "The national team is fully prepared for the next round of meetings with the organization's General Secretariat and members of the working groups," stressing that
 
Iraq will be represented with a unified position based on a national economic vision aimed at orderly integration into the global economy. Al-Ghariri pointed out that
 
"joining the World Trade Organization represents a strategic step to
 
     support the business environment,
     stimulate investment, and
     develop productive sectors, particularly industrial and agricultural sectors, which
 
will enhance Iraq's economic standing regionally and internationally."  He continued:
 
"The Ministry of Commerce, in coordination with the relevant ministries and institutions,
will continue technical and diplomatic work to ensure the best results that serve the supreme national interest."  /End 8    https://ninanews.com/Website/News/Details?key=1231649  

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

Thoughts From Ariel Part 2 Wednesday 6-4-2025

Ariel:   Iraqi Dinar Update: Are You Feeling Lucky Today? (Think You Can Keep Up?)

Now that you all got over that initial temporarily being down in the dumps. You can appreciate a more expanded view on things with a more grounded opinion that actually has links and sources. Something you all should value a lot more.

 This is one reason why I posted the 1st Iraqi Dinar Update. Because it was all opinion based with nothing to substantiate it. Which is something you should all welcome but also question. But you immediately went into reactionary mode. Something I have always told you not to do under any circumstances.

One reason being is that I have always told you and showed you throughout the years is that I will always source the info that matters to you. I may not do it so much with the more conspiracy oriented topics. But I definitely can provide a reason and background as to the purpose it may be shared even if you disagree.

You should know by now that when I offer my opinion it’s going to be brought to you with things you can look into on your own time. Never outsource your discernment to people you do not know. They should have the decency as a stranger to provide you with sources to remove the gray areas.

So shall we begin?

Surge in Foreign Investment Interest

Iraq’s recent economic strides have caught the attention of global investors, setting the stage for a swift IQD revaluation following the Oil & Gas Law’s passage, as foreign capital inflows often necessitate a stronger, internationally accepted currency; for instance, on June 2, 2025, Bloomberg reported that major hedge funds, including BlackRock, have begun exploring Iraqi oil bonds, anticipating a 20% return post-law passage (https://www.bloomberg.com/news/articles/2025-06-02/blackrock-eyes-iraq-oil-bonds).

This investor optimism stems from Iraq’s $100 billion reserves, confirmed by the Central Bank of Iraq (CBI) on June 2, 2025 (https://www.cbi.iq/news/view/2500), which provide a safety net for currency reform.

The expected passage of the Oil & Gas Law, which Iraq Business News notes will unlock $3 billion in foreign direct investment within its first year (https://www.iraq-businessnews.com/2025/06/03/oil-gas-law-investment-forecast), will likely pressure the CBI to revalue the IQD rapidly potentially within a week to accommodate these funds and prevent speculative distortions in the black market.

Stabilization of Iraq’s Banking Sector

The stabilization of Iraq’s banking sector, a critical prerequisite for currency revaluation, has gained momentum in 2025, with reforms directly supporting a rapid IQD adjustment; the World Bank, in its June 2025 Iraq Economic Monitor, highlighted that non-performing loans in Iraqi banks dropped to 8% from 15% in 2024, thanks to stricter regulations (https://www.worldbank.org/en/country/iraq/publication/iraq-economic-monitor-june-2025).

On June 1, 2025, the CBI announced the successful integration of 30% of its banks into the SWIFT system, enhancing their capacity for international transactions (https://www.cbi.iq/news/view/2499).

 This banking overhaul, combined with the Oil & Gas Law’s anticipated revenue boost—projected by OilPrice.com to add $2.5 billion monthly to Iraq’s coffers (https://oilprice.com/Energy/Crude-Oil/Iraq-Oil-Gas-Law-Revenue-Projections-2025.html)—means the CBI can confidently revalue the IQD within days of the law’s passage to ensure seamless global financial integration.

Regional Economic Pressures and Opportunities

The shifting regional dynamics in the Middle East, particularly Iran’s weakened position, create both pressure and opportunity for Iraq to revalue its currency swiftly; Iran’s oil production fell by 300,000 barrels per day in May 2025 after Israeli airstrikes, as per a June 2025 EIA report (https://www.eia.gov/international/analysis/country/IRN), allowing Iraq to capture a larger share of OPEC’s output. On June 2, 2025, Al-Monitor reported that Saudi Arabia has pledged $1 billion in aid to Iraq to counterbalance Iran’s influence, conditional on economic reforms like currency revaluation (https://www.al-monitor.com/originals/2025/06/saudi-aid-iraq-iran-counter). With the Oil & Gas Law set to pass by mid-June 2025, enabling Iraq to export an additional 500,000 barrels daily via the Ceyhan pipeline, the CBI could revalue the IQD within a week to leverage this regional shift and meet the financial demands of new trade agreements.

Read Full Article:  https://www.patreon.com/posts/iraqi-dinar-are-130640897

https://dinarchronicles.com/2025/06/03/ariel-prolotario1-iqd-update-are-you-feeling-lucky-today/

Ariel : Rapid Revaluation of the IQD Within Days or Weeks

Iraqi Dinar Update:

Based on current events as of June 3, 2025, a rapid revaluation of the Iraqi Dinar (IQD) within days or weeks of the Oil & Gas Law’s anticipated mid-June 2025 passage is plausible

Driven by multiple converging factors: the law, set to resolve Baghdad-KRG disputes and unlock billions in oil revenue bolstered by the May 30, 2025, Ceyhan pipeline deal (reported by Reuters at https://reuters.com/world/middle-east/iraq-krg-resume-oil-exports-via-ceyhan-2025-05-30/…) requires an internationally accepted exchange rate to manage increased exports of 500,000 barrels per day, generating approximately $2 billion monthly; the Central Bank of Iraq (CBI), with $100 billion in reserves as confirmed on June 2, 2025, via the CBI’s official statement.

(https://cbi.iq/news/view/2500) Which can e*****e an overnight revaluation, mirroring Kuwait’s 1991 dinar restoration; U.S. Treasury support on June 1, 2025, for Iraq’s IMF-aligned reforms

(https://home.treasury.gov/news/press-releases/jy2500…) signals potential sanctions relief, boosting global confidence and enabling the CBI to revalue swiftly to attract investment; Iran’s weakened influence after Israel’s May 2025 airstrikes on its oil infrastructure, detailed in a BBC report.

(https://bbc.com/news/world-middle-east-2025-israel-iran-strikes…), reduces political resistance in Iraq, especially with Nouri al-Maliki’s security detail removed, allowing Prime Minister Al-Sudani to prioritize economic reforms; and Iraq’s blockchain pilot, initiated in May 2025 following Trump’s GENIUS Act

(https://whitehouse.gov/briefing-room/legislation/2025-genius-act…), ensures technical readiness for real-time international settlements, as some Iraqi banks already use RippleNet for oil payments, per a Ripple press release (https://ripple.com/insights/iraq-banks-adopt-ripplenet-2025/…).

Together, these elements economic momentum, financial stability, geopolitical shifts, and technological infrastructure create a robust case for a rapid IQD revaluation by late June 2025, ensuring transparency and alignment with Iraq’s strategic objectives to reintegrate into global markets.

Building on the momentum as of June 3, 2025, the rapid revaluation of the Iraqi Dinar (IQD) is further supported by Iraq’s strategic alignment with global financial trends and regional dynamics: the International Monetary Fund (IMF) commended Iraq’s fiscal progress on June 2, 2025, noting its $100 billion reserves as a buffer for currency reform, as detailed in their latest report (https://imf.org/en/News/Articles/2025/06/02/pr-iraq-economic-update…);

The recent decline in Iran’s regional influence, following Israel’s May 2025 airstrikes on its oil facilities, has also led to a 15% drop in Iranian oil exports, per OPEC’s June 2025 data (https://opec.org/opec_web/en/press_room/2025.htm…), indirectly boosting Iraq’s oil market share and incentivizing a stronger IQD to capitalize on this shift; \

Additionally, Prime Minister Al-Sudani’s push for digital financial infrastructure, highlighted in a June 1, 2025, speech (https://iraq.gov.iq/news/2025-06-01-sudani-digital-finance…), aligns with blockchain adoption in Iraqi banks, which now process 20% of oil transactions via RippleNet, according to a June 2025 Ripple update

(https://ripple.com/insights/iraq-banks-ripplenet-update-2025/…);

This technological edge, combined with the anticipated passage of the Oil & Gas Law by mid-June 2025 expected to generate $2 billion monthly from increased exports, as reported by Al Jazeera (https://aljazeera.com/news/2025/6/3/iraq-oil-gas-law-vote…) sets the stage for the CBI to revalue the IQD rapidly, potentially within days, to meet international trade demands and solidify Iraq’s economic resurgence.

Source(s):  https://x.com/Prolotario1/status/1930019114925601072

https://dinarchronicles.com/2025/06/03/ariel-prolotario1-rapid-revaluation-of-the-iqd-within-days-or-weeks/

Thoughts From Ariel Part 1 6-4-2025

Ariel : Exclusive Intel to the Pleasure of your Curiosity  

6-4-2025

Intel: Exclusive (Logical & Questionable) To The Pleasure of Your Curiosity

I was given permission to share this with you all. I was only going to upload this on my Patreon. But the person who this comes from has no issue with releasing this publicly. As she is moving on to other things. So I will allow this to be up for a limited time if it caused issues with other parties who may consider this problematic for whatever reason.

 I already done 4 post on P-treon regarding this. My insiders are the best thing going right now. Took me years to build these connections. And now you benefit as well. I am only doing this once. So if you want this level of Intel in various other subjects I will leave the link below.

During the Eid al-Adha holiday from June 6-10, 2025, Iraq’s declaration of a 5-day closure serves a dual purpose: while publicly it honors the Islamic Festival of S*******e, behind closed doors, it masks a clandestine operation codenamed “Golden Crescent.”

 This operation, orchestrated by a select group within the Central Bank of Iraq (CBI) and overseen by Prime Minister Al-Sudani’s inner circle, involves finalizing the IQD revaluation to a rate of 1 USD to 1 IQD, a move set to be announced on June 11, 2025, immediately following the holiday. The holiday’s timing ensures minimal public scrutiny, as banks, government offices, and markets will be shuttered, allowing the CBI to execute a seamless transition on the Forex Market while global attention is distracted by regional festivities.

The “Golden Crescent” operation began in secrecy on May 15, 2025, when the CBI met with representatives from the U.S. Treasury and the International Monetary Fund (IMF) in Amman, Jordan, to secure approval for the revaluation, a meeting never publicized but documented in a classified memo stamped “Eyes Only” for Al-Sudani.

This memo, hidden in a vault beneath the CBI’s Baghdad headquarters, outlines a plan to use the holiday’s closure to update banking systems nationwide, integrating blockchain technology via RippleNet to handle the new rate’s international transactions, a system already tested in 40% of Iraqi banks by June 2025.

The operation’s codename reflects the symbolic crescent moon of Eid, but also the golden promise of Iraq’s economic rebirth, a truth known only to a handful of officials who risk elimination if exposed.

A shadow player in this operation is a Dubai-based financier named Khalid al-Mansour, who has facilitated $5 billion in backchannel funds from Saudi Arabia to stabilize Iraq’s reserves during the transition, a deal brokered on May 20, 2025, in a private suite at the Burj Al Arab.

 Al-Mansour’s involvement, tied to his discreet meetings with Al-Sudani’s economic advisor, ensures liquidity for the revaluation but comes with a price: Saudi influence over Iraq’s oil pricing for the next decade, a pact sealed with a blood oath to maintain secrecy. This arrangement, if leaked, could destabilize Iraq’s fragile political unity, as anti-Saudi factions would view it as a betrayal, making the holiday’s timing a critical shield for these covert maneuvers.

The revaluation’s announcement on June 11, 2025, is strategically timed to coincide with a planned OPEC meeting in Vienna, where Iraq will reveal its increased oil output of 500,000 barrels per day via the Ceyhan pipeline, a move already in motion since May 30, 2025. This boost, coupled with Iran’s weakened oil production due to Israel’s May 2025 airstrikes, positions Iraq to dominate the market, justifying the new IQD rate to global investors.

However, the operation’s secrecy is so tight that even most CBI board members are unaware, with only three individuals Al-Sudani, the CBI governor, and a shadowy fixer known as “The Falcon” holding the full blueprint, a truth buried in encrypted files accessible only through a biometric key stored in a safehouse in Erbil.

The holiday also serves as a distraction for another layer of the operation: the distribution of oil credits to Iraqi citizens, mandated by the Oil & Gas Law set to pass by mid-June 2025, which will inject $500 million annually into the economy.

These credits, to be disbursed electronically via blockchain, require the new exchange rate to ensure fair value, a process the CBI will finalize during the holiday closure under the guise of “system upgrades.”

This move, while economically sound, risks backlash from black market operators who thrive on the current low IQD rate, a group with ties to former militias who could retaliate if their profits are threatened, making the operation’s secrecy a matter of national security.

A cryptic signal of this operation lies in the holiday announcement’s design: the red background and yellow text mirror the Iraqi flag, but the specific shade of red hex code #C8102E matches the color used in a classified CBI directive issued on May 25, 2025, ordering banks to prepare for a “currency reset.”

This directive, shared only with top-tier bank managers, includes a coded phrase “The Crescent Rises” echoing the “Golden Crescent” operation’s name, a detail so obscure that its discovery could unravel the entire plan. The choice of Eid al-Adha, symbolically reflects the elite’s willingness to risk everything for Iraq’s economic future, a gamble that could either crown them heroes or bury them in chaos.

The final piece of this puzzle involves a private meeting scheduled for June 7, 2025, in a discreet villa on the outskirts of Najaf, where Al-Sudani will brief a select group of tribal leaders on the revaluation, ensuring their support to prevent civil unrest. These leaders, representing Iraq’s diverse sects, will be sworn to silence under a traditional oath involving a shared meal of  lamb, tying them to the operation’s success.

Source(s):   https://x.com/Prolotario1/status/1930049310651232545

https://dinarchronicles.com/2025/06/03/ariel-prolotario1-exclusive-intel-to-the-pleasure-of-your-curiosity/

Coffee with MarkZ, Zester and Andy Schectman. 06/04/2025

Coffee with MarkZ, Zester and Andy Schectman. 06/04/2025

Some highlights by PDK-Not verbatim

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

Member: Good morning Mark, Mods and friends

Member: Let the RV begin

Member: Looks like we are in yet another “Holding Pattern”  Will anything ever happen?????

MZ: I don’t think we are in another holding pattern……maybe this is last few weeks while things play out.

Member: I think we all have reached RV burnout... try like heck to stay positive, but it is challenging

Member: Hope you have some good news Mark. Could use it! Any bond news?

MZ: Lots of bond contacts I havn’t heard from in awhile started popping up. They are suddenly very upbeat for this week and this coming weekend.

Member: I saw something that said 75% of banks are struggling getting compliant with ISO20222. Maybe that is what is holding this up?

Member: Is it possible we see the RV around July 4th?

MZ: I think any day is possible. Things are moving so quickly. IMO the absolute worst case scenario…is  the Judy Shelton comment that we will have a gold backed 50 year Treasury that is redeemable to gold by July 4th 2026. So to me….we will go somewhere between now and then. Personally I think it will happen this summer.

Member: on Judys comment about securities....I think she gave us a date but the wrong year for distraction. I’m hoping between now and July 4th of this year……

MZ: In Iraq: “ Minister of Trade: Iraq’s ascension to the WTO is a strategic step”  They need to be finishing their white paper reforms and raising the purchasing power of the dinar.

MZ: “Minister: “Decline in the price of the dollar enhances the livelihood of citizens and improves monetary policy” The decline in the dollar is the increase in the dinar and that is good for the citizens. We are watching the white paper reforms.

MZ: This may be what has kept us from crossing the finish line. “Kurdish MP (Minister of Parliament) blames KRG for financial crisis between Baghdad and Erbil” He says they should put the citizens interest ahead of theirs.

Member: The IQD is just like the Neverending Story

Member: If 1 to 1 rate shows up in Iraq, I am cashing in.

Member: Did the budget tables get passed?

MZ: Budget tables are not yet in Parliament. Last I heard was they hope to have them by mid month.

Member: Iraq has another holiday starting on the 6th…..for about a week….Eid Al Aha.

Member: The Iraq golden crescent June 6-10

Member: People are saying the CBI is going to us the upcoming holiday as a cover to make the switch and change value.

Member: I am wondering if the Zim will hold is not good now that they have the ZIG?

MZ:I was told the Zim we hold is not related to the ZIG in any way…..The Zim we hold is a bond for  humanitarians and comes from a different pot of funds.  .

Member:  If the 10 days of darkness starts today, it would finish by June 14 which is Juneteenth or the anniversary when slavery ended.

Member: Keep the faith everyone….It’s always darkest before the dawn.

Mod:  SEE YALL TONIGHT. STARTING EARLY TONIGHT 6:45 PM EST.

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

STARTING TODAY WEDNESDAY, JUNE 4TH THE CRAZY CRYPTONAUT WITH ZESTER MOVES TO A NEW TIME! JOIN US AT 11:30 AM EST! ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut HOPE TO SEE YOU THERE!

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

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=wesSOp0e3jo

Seeds of Wisdom RV and Economic Updates Wednesday Morning 6-4-25

Good Morning Dinar Recaps,

SEC CHAIR PAUL ATKINS SAYS IT'S A ‘NEW DAY’ FOR THE AGENCY, CALLS FOR ‘RATIONAL’ CRYPTO REGULATION

Paul Atkins is promising a “rational” approach to rulemaking instead of enforcement, as lawmakers eye sweeping reforms.

▪️ SEC Chair Paul Atkins said Tuesday the agency will prioritize "clear rules of the road" for crypto.
▪️ He testified that investor protection and innovation require regulatory clarity.
▪️ But some lawmakers are pushing for the CLARITY Act to shift oversight away from the SEC.

U.S. Securities and Exchange Commission Chair Paul Atkins is continuing on his crusade to bring a “new day” to the SEC and shift the agency's stance toward digital assets.

Testifying before the Senate Appropriations Subcommittee on Financial Services and General Government on Tuesday, Atkins vowed to pursue a "rational regulatory framework" for crypto assets, prioritizing rulemaking and transparency over enforcement actions.

“Clear rules of the road are necessary for investor protection against fraud—not the least to help them identify scams that do not comport with the law,” he said.

“Policymaking will be done through notice and comment rulemaking, not through regulation-by-enforcement,” Atkins added.

Atkins, a veteran of the SEC, was confirmed in April after a lengthy and partisan nomination process.

His return marks a stark departure from the approach taken by his predecessor, Gary Gensler, whose tenure was marked by enforcement actions against crypto firms and a broad interpretation of securities laws that made him unpopular with the crypto industry.

Since Gensler’s exit, the SEC has dropped several high-profile lawsuits, first under interim chair Mark Uyeda and then under Atkins, and has issued guidance for multiple categories of crypto, including exempting certain staking activities from securities regulation.

The agency's evolving posture comes amid growing momentum in Congress to strip the SEC of its authority over crypto altogether.

Last week, lawmakers introduced the CLARITY Act, which would amend securities laws to exempt most crypto assets from SEC jurisdiction and establish a new legal framework.

“Our bill secures American dominance, democratizes digital assets, unleashes innovation, and protects consumers from fraud,” said Rep. Bryan Steil (R-WI), chair of the House’s Financial Services Subcommittee.

However, Democratic staffers on the House Financial Services Committee have criticized the SEC for withholding an impact analysis of the bill, raising concerns that the proposal could create loopholes for traditional finance under the guise of blockchain adoption.

Atkins acknowledged the shifting legislative landscape but emphasized the role of the SEC's new Crypto Task Force and upcoming DeFi roundtable in supporting innovation.

"I anticipate benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation," he said.

@ Newshounds News™
Source: Decrypt

~~~~~~~~~

Trump's CFTC Pick Brian Quintenz Set for Senate Hearing on June 10

Brian Quintenz, head of global policy at a16z crypto and former CFTC commissioner (2017–2021), is scheduled to appear before the Senate Agriculture Committee for his nomination hearing on June 10 at 3:00 p.m. The hearing could pave the way for his return—this time as Chair of the U.S. Commodity Futures Trading Commission (CFTC).

Trump’s Nominee Pushes for Senate Support

In February, former President Donald Trump nominated Quintenz to lead the CFTC. Since then, Quintenz has met with lawmakers, including Sen. John Boozman, to gain support. “We discussed the critical role the CFTC and its markets play in risk management throughout the economy, supporting our agriculture sector, and promoting innovation,” Quintenz posted on X after the meeting.

The Senate Agriculture Committee added: “His previous experience as a CFTC Commissioner and knowledge of derivatives and emerging markets will serve him well as leader.”

CFTC in Flux as Leadership Changes Unfold

Quintenz’s nomination arrives during a major leadership shuffle at the agency—four commissioners have recently stepped down or announced departures. His return could reshape the CFTC’s future, particularly regarding digital assets and crypto regulation, as Washington seeks to clarify the agency’s jurisdiction over various segments of the crypto markets.

Crypto Focus and Potential Conflicts of Interest

Quintenz is expected to bring crypto policy to the forefront if confirmed. He recently disclosed $3.4 million in assets, including positions in crypto-linked companies such as Kalshi, a prediction markets platform previously entangled in a long legal battle with the CFTC.

Quintenz has assured lawmakers that he would relinquish any roles or financial ties that could pose conflicts of interest if confirmed.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

CALIFORNIA ASSEMBLY PASSES BILL TO ALLOW CRYPTO PAYMENTS TO STATE

Assembly Bill 1180 moves to Senate after unanimous approval, could make California a crypto-forward state by 2026.

▪️ California’s AB 1180 passed the State Assembly in a 68–0 vote.
▪️ The bill would allow crypto payments to state agencies under the Digital Financial Assets Law.
▪️ If passed by the Senate and signed by the governor, it would go into effect July 1, 2026.

California has taken a major step toward embracing digital assets, as Assembly Bill 1180 (AB 1180)—which would permit state departments to accept cryptocurrency for fees and transactions—cleared the California State Assembly with a unanimous 68–0 vote on June 2. The legislation will now move forward to the State Senate.

If passed, the bill mandates the Department of Financial Protection and Innovation (DFPI) to create a regulatory framework under which digital assets could be accepted for payment under the Digital Financial Assets Law (DFAL). The DFPI is California’s main financial regulator, balancing consumer protection with responsible innovation.

If signed into law by Governor Gavin Newsom, AB 1180 would go into effect on July 1, 2026.

According to the bill’s sponsor, Democratic Assemblymember Avelino Valencia, a pilot program would run until January 1, 2031, at which point full implementation would begin.

California could soon join states like Florida, Colorado, and Louisiana, which already accept crypto payments for specific obligations. If enacted, the DFPI would also be required to submit a comprehensive report by January 1, 2028, documenting all crypto transactions processed, as well as any technical and regulatory hurdles faced along the way.

Under DFAL, a crypto transaction is defined as a digital representation of value used as a medium of exchange, but not legal tender.

The bill underwent four amendments before passing, including the removal of a section related to ride-sharing and personal vehicles.

“Bitcoin Rights” Bill Also Progressing

AB 1180 is designed to complement another legislative effort, AB 1052, also known as the “Bitcoin Rights” bill. That legislation, which passed its first committee with an 11–0 vote on May 23, seeks to ensure that crypto self-custody and private payments remain legal and protected throughout the state.

If passed, AB 1052 would legally recognize digital assets as a valid form of payment in private transactions and prohibit public entities from banning or taxing crypto based solely on its use in payments.

California already has a budding crypto economy, with 117 merchants accepting Bitcoin payments, according to BTC Maps data.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

America Urges India To Reject BRICS: ‘Do Business With the US’

U.S. Commerce Secretary Howard Lutnick said that the United States could reach a trade agreement soon with New Delhi. Lutnick touched upon various pain points between the two nations and suggested that India should scale back its involvement in BRICS and maintain cordial business relations with the U.S.

He said that India rubbed the U.S. the wrong way after buying military equipment from its BRICS counterpart, Russia. “There were certain things that the Indian government did that generally rubbed the United States the wrong way. For instance, generally buying your military gear from Russia,” he said.

To mend things, he noted that the Modi government is now buying military arms from the U.S. “So I think India is starting to move towards buying military equipment from the United States, which then goes a long way,” he added.

BRICS: U.S. Urges India To Open Up Their Markets: ‘We Want Access to Business and Finance’

Reports suggest that the U.S. is using India as a stepping stone to disintegrate the BRICS alliance. Many countries tried to reach out to the U.S. with new trade deals after Trump imposed tariffs on various goods. Lutnick appreciated India’s efforts to be among the early countries to amend trade policies that could benefit the U.S. “I think India is trying hard to be one of the earlier countries (to reach a trade deal with the U.S.), which I appreciated,” he said.

He added that the U.S. would want access to BRICS member India’s markets to reduce the trade deficit. “But what I hope to achieve is we would like market access. We would like our businesses to have reasonable access to the markets of India. We want to have the trade deficit reduced,” he said.

Lutnick revealed that the U.S. will also allow special access to BRICS member India if it opens up its markets. “Now, in exchange for that, what India is going to want is certain key markets to make sure that they have special access to the American marketplace,” he summed up.

India Had Rejected De-Dollarization Early This Year

BRICS member India had openly stated that the country is disinterested in the de-dollarization agenda. The Modi government made it clear that they want cordial ties with the U.S. and do not want to upend existing trade deals. India’s GDP is growing, and without the help of the U.S., business transactions would come to a standstill.

Cutting ties with America is a risky affair for the Modi government, as the Prime Minister does not want to hamper the growing GDP of the country. In addition, India hosts the largest IT sector for the U.S., and the two have been going hand-in-hand for three decades. If the country messes up with its IT sector, businesses could move to other developing nations. Therefore, BRICS member India will have more to lose than gain if it ends its reliance on the U.S. dollar.

Also, Trump has always called Modi his good friend, and the two share warm and gracious relations. Both leaders highly praise the other, calling each other’s decisions tough and bold. India is the only country in BRICS that has openly shown support for the U.S. dollar by rejecting de-dollarization.

India’s Market Potential Remains a Key Focus

The U.S. knows that BRICS member India has a huge market with potential returns worth billions of dollars. Its population of 1.4 billion people holds the key to revenues and profits worth millions and billions. Elon Musk’s Starlink is also looking at an entry into the Indian markets to provide high-speed internet connections. They are also planning to make the pricing affordable to cater to a larger section of the Indian audience.

@ Newshounds News™
Source:  Watcher.Guru

~~~~~~~~~

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Thank you Dinar Recaps

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.

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

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/

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

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.

FRANK26…6-3-25….ALOHA…..ENGAGEMENT

6-3-2025

https://www.youtube.com/watch?v=W87VicX9XM0

If Silver Closes Over $35 This Week, It Will SMASH $50 FAST | Michael Oliver

Capital Cosm:  6-3-2025

https://www.youtube.com/watch?v=Psz5XL_79N8

“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.

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

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

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

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

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.

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.

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

https://www.schiffsovereign.com/trends/this-is-a-118-billion-strategy-for-insanity-152900/?inf_contact_key=d0a274af81cebec34b5ad7c006c991b8c61f0136bd9e1f6d9cd3b34032effcc5

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?

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

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