Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'

Fed's 'Shady' Gold Secrets Spark Audit Bill; A 'Reckoning is Near'

Daniela Cambone:  6-11-2025

“The gold might be there—but who owns it? That’s the real question,” asks Jp Cortez of the Sound Money Defense League.

In today’s interview with Daniela Cambone, Cortez calls for a comprehensive audit of U.S. gold holdings, highlighting the recent reintroduction of the Gold Reserve Transparency Act of 2025 by Rep. Thomas Massie.

“An ounce of gold can change hands a thousand times without moving a single inch,” Cortez explains.

 With Florida recently eliminating its sales tax on gold and silver, and more than 40 other U.S. states partially or fully exempting sales tax on these metals, Cortez views this growing trend of tax exemption as a reaffirmation of “the constitutional role of gold and silver as real, tangible money in our modern economy.”

Chapters:

00:00 Why the gold reserve transparency act matters?

 5:54 Jp’s take on whether the gold is really there.

7:07 Why gold isn’t liquid?

8:45 How the bill could restore confidence?

 9:48 Challenges the bill might face.

11:41 What’s next for Florida?

15:40 Fed: Rising interest in sound money may challenge policy.

https://www.youtube.com/watch?v=7ETOO-nh-H4

Bruce’s Big Call Dinar Intel Tuesday Night 6-10-25

Bruce’s Big Call Dinar Intel Tuesday Night 6-10-25  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, June the 10th, and you're listening to the big call. Thanks for tuning in again, everybody. We're excited to have another call tonight, even though we didn't think we would necessarily be here tonight, we are, and we've got a lot of good information to impart to everybody tonight, so fast in your seat belt, some drink water. Little unsweet tea. And let's go ahead and pray the call in

I tell how old I am, they go, you don't, you don't look like 71. And you sure don't act like, Well, that's true. I don't act like that. But what's really good is that we're going to be taking advantage of this.

 And I think what Jeannie said in her prayer and praise message tonight that it should be soon.  We have been so close to getting started -  that we were like and all of a sudden “boop”  something else. Something else happened.

Well,   I think they're running out of things to throw at us. So let's, let's believe that we are going coming into this very soon.

 I want to tackle one question that Bob brought up to me from a big call listener in Oklahoma, Oklahoma with, you know, now I live in Oklahoma, and to be fair to those from Oklahoma, really an Okie. I don't really sound like an Okie, but I love the people here. I love the churches here. I get along well with everybody, but this gentleman was asking about Wells Fargo, because they ain't no Wells Fargo banks in Oklahoma !!

There aren't any banks  - Wells Fargo Banks here -

How are we going to do that? Well, guess what? They do have  wealth management offices for Wells Fargo, Oklahoma. Now I don't know about oak city, but I know Tulsa, and I know where it is in Tulsa. Now it's not like there's a bunch of them or anything, but they have a presence here.

Now this is the point of me making this message to you, even though the big five banks - Well, Fargo Chase -  Bank of America – Citi - and truist bank, or our Big Top, top tier banks, or tier one banks With Bucha Santander Bank also kind of in that group, but that's more based on Mexico and Latin America. Okay, we have some here, and there'll be more in the US, but right now we have other banking institutions that are connected to or adjacent to or close to redemption centers.

So in some cases, there might be a Chase Bank that is connected to a redemption center, but next to it, or even connected to it, could be a redemption center – guess who’s running the redemption center?   

 It's not Chase, it's Wells Fargo. So even if you don't have a Wells Fargo Bank where you live, you have Wells Fargo over the redemption center where you live, centers across the United States, I know that's our primary audience right now. Is the US -  All of them have Wells Fargo representatives in there that will do our exchanges

Now, let's say you're in Oklahoma, and you're you do your exchange at a redemption center. You redeem your zim if you have it, and you're put, you know, and you've got a Wells Fargo accounts. Most of what you'll do in the future does not require retail banking. You're in a different level after this goes you're the level where you would have a premier banker. Should you want one –

A premier that's what they that they've renamed the wealth management to premier banking. You'll have that premier banking, and you can bank with that individual if you want, or just do your banking online if you want to.

And that's what the new Q phones, those satellite phone that work on the Starlink satellite system will operate on and they will be able to safely transact even using a phone like this Q phone, the satellite phone that we're going to get if you're a zim holder you get one at the redemption center. If they run out or you they don't have the phone for you, they'll give you a certificate to get a free phone somewhere in T Mobile that has been working with these phones since  Elon Musk saved President Trump's desire for western North Carolina after Helene came through and A bunch of people were stranded. They didn't have cell service, they didn't have anything. They didn’t have electricity.

Well,Elon, hook them up. I think it was about 18,000 of those Q phones, essentially same thing we're going to get the Q phone with for those people to operate free for 90 days with T Mobile. Now they have that offer out. Now T Mobile, does you get a 90 day deal? And I think after that, it's like only $10 a month, which doesn't make sense, but that's what it is. That's what it is

If we get our deal and it's a 90 day free, and then 10 bucks a month after that, so be it fantastic. That is the current offer that's out now, and it's the same phone that we're going to be offered at the redemption center, if you're a zim holderl, okay, just saying,

Now that really helped, the fact that Elon, Elon put that together through the Starlink satellite system, which is what it operates on. And, you know, through T Mobile, it just worked out great. I'm so glad he did that. It's tremendous.

All right, so let's go back. Don't worry if you don't have a Wells Fargo Bank, and if you love your other tier one bank or tier two bank, even for that matter, you can get this connected to your quantum accounts through your quantum access card.

You supposedly have three banks that you can attach to that card. Wells, say number one - Chase, you might add Bank of America, you might and Truist to it  you know, like I said, it's comfortable for us, you know, after you master trust and my master account with Wells and four sub accounts under LLCs with Wells, blah, blah, blah, sell that up, and then I'll be able to move funds around and move into those accounts and use those accounts accordingly - with a credit debit card for each for each of those four or five accounts.

So separate one designated for each one. Keep up with that. That's just the way my attorney and I have set up. So don't worry about it. If you only have Wells, if you're in Oklahoma, if you have a lot of listeners in Oklahoma, and overall, and you know, it's going to be fine. And if you want to use another bank, if you feel comfortable with another bank of size Wells, by all means, add it to your quantum card.

Throw some money in there. Possess yourself a little bit. You know, in what you're doing, remember, you're going to have R and R money coming in. You're going to have your DOGE  payment coming. You're going to have your increase in Social Security still to be this month, even though it's the 10th of June. Tomorrow's the 11th, which is a Wednesday, a Social Security busy. But let's see whether you need to get paid tomorrow on social whether they get their increase or not.

My understanding our social security contact is that we'll have an increase of 85 or 90% above now in Social Security at age 62 over. Okay, if you're getting it at age 62 or three. If you're getting at a 65 or 70, great, whatever it is, whatever you're getting now, figure out an 85 to a 90% increase, depending on eight or your year of birth. And I can't tell you exactly what it is. I don't want to be wrong.

This is fresh from Social Security Department yesterday that we have a contact that we talked to. So look forward. My point is, there will be funds coming to you outside of your actual currency exchange, and zim redemption - you could see some other banks or some other accounts with some of that money system is dead to the quantum financial system, and all of our accounts are now in USN, no longer designated as USD, so no longer fiat currency, but rather United States Treasury notes or United States Notes designation. That's good, but we're getting it. That's part of NESARA

The other thing that's gone, IMF, IRS is gone, but we'll see what how it comes out to us on this whole taxation issue. What Nasara said about a consumption tax of about 14 to 15% on new items that we buy? Oh, no, really, you spend a million dollars a year in new items.

Would you rather pay 15% in the price of an item that you spent a million dollars on this new versus spending 4050, 60% of your income in taxes. Hello, if you're going to be making real money, which you will even in interest from the bank that's earned interest income, Schedule B, are better off for the consumptions a year on new things, whatever if you do, you do, if you don't use new homes, use homes or previously owned homes, no tax previously owned cars, there'd be no tax, so we'll see when that kicks in.

Now, let's round this thing up. I'm going to come in from the back of this. June 14 is 50 year anniversary of the of the army. It's Flag Day and President Trump's birthday. That's this Saturday 14.

You guys know about the parade  that's going to take place Saturday in Washington, DC. We've got equipment and soldiers military coming from nine different military bases throughout the country. Yeah, there's tanks loaded up on trains from Texas coming all the way up to DC, and they got those special hard plastic things that they put on the tank threads so that they can drive them on the streets without tearing the street apart. So they'll have those, and it's going to be great.

Now, I don't know what time the parade starts. It might be at nine or 10. Well, we'll catch it, but it should be on Fox. It should be on on Newsmax. I think it'll be covered on one American news. It'll be, it should be a lot of channels. I toggle between Newsmax and one America news. That's what I've toggled between now. So you've got  that on the 14th now.

What else could happen, as we believe we're hearing on the is the beginning of the rollout of NESARA, and it should roll out between June 14 and July 4, or people are made aware of it, where people are able to respond accordingly to what's included in the Sara let's just see it actually is the release date, meaning we should get an announcement about the USN, our new currency, the ustn, United States Treasury note, which is already in the bank and has been in there for two years. Same thing as redemption centers. It's been there centers, so let's see it comes together.

 Now let's go back and see where we where we are since last Thursday on Thursdays call that information, telling us that we would be getting notified either Tuesday or Wednesday, today or tomorrow for our 800 numbers, and set our appointment in, oh, quite possibly, would have been Wednesday, Thursday.

 Now, what has happened since Thursday? Well, if you've seen what's happening on insurrections or riots in LA, that is, I think that has slowed us down a few days. It wasn't supposed to, but we've got to put an end to that, that insurrection, and that's why you've got 7000 Marines really coming from. Think it's PS twenty nine in the Palm Springs, California area training 30\40, miles south of LA right now.

And, yeah, look, if the Marines come in, they're gonna they use rubber bullets, let me put it that way, so we hope they don't have to really be used in that capacity, because it's Still a little reality.

But what's happened is these protesters are actually doing more than protesting. They're violent, in a lot of cases, throwing cinder block, pieces rocks, bottles of ice water that are frozen, bottles of water and everything at ICE agents and military. Well, not even military, but the reserve troops, they're there. And so happening with that is they were to be paid, or have been paid through some agency Fund that, of course, they know where the source of the money is, and they shut that down.

But that area, guys, we're gonna have the Olympics there three years. Come on, going on. We got to do construction to do you've got fire and fire President Trump could do the governor picture,

doing those guys don't and you guys live in California. And so what I'm going to say is, I think we are moving forward, but  we got ot put an end to the insurrection

Now,  there are  other cities, keeping an eye on hot spots  we’ve got people there. What's going on? I think some of those areas before that, they'll be shut down before they even get started.

So  we'll have to see how that goes. Now, let's our timing. We heard this afternoon also our Iraqi spoke with contact in Iraq who spoke with and has been speaking with ALAK of the Central Bank of Iraq, and they theoretically renamed the CBI, SBI of Iraq – Sovereign Bank of Iraq - . But nobody calls it that. Yet it's still CBI to them. That's fine.

 But ALAK is saying that the Iraqi didn't they want to become an 80% digital currency. 80% digital today – ALAK said there's 78% it's only two more percent to go.  He indicated more days, 48 hours to get to get to 80% digital in Iraq. Okay, let's say that's v Wednesday /Thursday. By sometime Thursday, we could be there. He said we  could and would  start with the RV with notifications Friday or Saturday.

Obviously Friday, but I'll also tell you, will the parade in DC for Flag Day and Trump's birthday be a distraction for either numbers coming out or of possible exchanges that we do  and they do not want someone  going willy nilly it all over the country if there's insurrection going on.

So this was a move by the deep state not only to try to get ice to cut down or slowvdown or not do what they would pick up illegal alien criminals, but it was also a way to slow down and prevent the RV from taking place.

Now they're not going to win at that, but they did slow down, possibly for a day or two, if you want to look at it that way, I think that even told, everything is on a sort of an automatic timer, that I wonder if, if that timer could be stopped or restarted from time to time, all based on algorithms and everything like that. But I think their intention is to release the numbers to us either Friday or Saturday

As for rigth now -  that’swhat we got for today we’ve got Fri Sat  with possible exchanges Saturday -  or very early next week, which would be, what 16th and 17th? Right? Monday, Tuesday.

So let's hope we get notified Friday with the toll free numbers, I'll get the numbers out as we can to get your own emails, and then we'll also have it on the website  big call universe.com We'll put the 800 number on that as well, so you'll see there. All right, let's see, is there anything else? That is the gist of what we're talking about tonight?

Keep an eye out  for anything that you've seen that looks strange? I don't expect anything – I think it would get squashed if there was any more rioting - or insurrections and so on. They're not going to win it – the QFS -  inter connectivity of the Satellite StarLink system – everything is in place  to begin for us –

It’s all coming together – all of these  currencies around the globe are actually going to be digital as well, not just just the Dinar – USN – every body is going to have a digital currency. It's hard for me to tell exactly what role the cryptocurrencies are going to play yet, but they are part of this. Crypto is what we're going to experience with our new USN and our USTN currency and so on. So we'll see how that goes.

Oh, watch out Edmonton. I'm not watching it, but I'm hearing about it. They're doing really well. So let's see how they do tomorrow night in Florida, everything gets evened up in the hockey world.

Otherwise, guys, let's pray to call out. We're  ready for that, aren't we? Yes, let me see if I got a phone here.  Everybody. Have a great time tonight. Let's keep praying for peace, not only here, but the peace of Jerusalem. All right. God bless you all. Let's turn off the recording.

Bruce’s Big Call Dinar Intel Tuesday Night 6-10-25 REPLAY LINK   Intel Begins   1:17:07

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH2QT

Bruce’s Big Call Dinar Intel Thursday Night 6-5-25 REPLAY LINK   Intel begins   1:03:53

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVlh

Bruce’s Big Call Dinar Intel Tuesday Night 6-3-25 REPLAY LINK   Intel Begins   1:06:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVL6

Bruce’s Big Call Dinar Intel Thursday Night 5-29-25 REPLAY LINK   Intel begins   1:29:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVTw

Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25 REPLAY LINK   Intel Begins   1:15:15

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHV1o

Bruce’s Big Call Dinar Intel Thursday Night 5-22-25 REPLAY LINK   Intel begins   1:18:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVXj

Bruce’s Big Call Dinar Intel Tuesday Night 5-20-25 REPLAY LINK   Intel Begins   1:11:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVFe

Bruce’s Big Call Dinar Intel Thursday Night 5-15-25 REPLAY LINK   Intel begins   1:02:30

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVQG

Bruce’s Big Call Dinar Intel Tuesday Night 5-13-25 REPLAY LINK   Intel Begins   1:01:01

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHVIw

Bruce’s Big Call Dinar Intel Thursday Night 5-8-25 REPLAY LINK   Intel begins   1:02:40

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHlLu

7 Reasons You Should Update Your Bank Account Password ASAP

7 Reasons You Should Update Your Bank Account Password ASAP

Jacob Wade GoBankingRates

According to a recent survey by GOBankingRates, 17% of Americans have never changed their bank account passwords.  This means the money parked in those accounts could be vulnerable to online thieves. With massive data breaches becoming a common trend, phishing scams and fraud schemes running rampant online, and password cracking software becoming more sophisticated, it’s important to stay up to date on securing your financial accounts.

If you haven’t changed your bank account password, here are seven reasons to do it today.

You Use the Same Password for Other Accounts

Most people have been guilty of this. With so many accounts moving online, it’s easy to use the same password over and over again. But this is a mistake that hackers want you to make, especially with your financial accounts.

Using the same password for multiple accounts puts you at more risk. If there is a data breach for any of your online accounts, hackers now have access to your password for that account. The first thing they will do is attempt to use this same username/password combo for multiple types of accounts, including your bank account.

If you have no other protections in place, they can quickly drain your accounts, leaving you with no money and no recourse. Always use unique passwords for each online account.

Be Real — It’s Been a While

While you don’t necessarily need to change your password every month, if you haven’t changed your bank account password in a few years, it might be time to mix it up. With data breaches across major companies, it is likely that an old password of yours might have been compromised. This can be quickly remedied with a password change for each of your financial accounts.

A good rule of thumb is to update your password every two years. Research from the Federal Trade Commission suggests that mandatory password changes aren’t as effective as just setting a strong password in the first place. But changing your password every few years can help keep your passwords protected from data breaches.

Your Password Is Saved In Your Browser — and Is Easier To Access

https://finance.yahoo.com/news/7-reasons-bank-account-password-190018206.html

Taboola the same on the Bottom of Posts

Why the Iraqi Dinar Isn't on Forex Yet. IQD Adjustment Timeline

Urgent: Why the Iraqi Dinar Isn't on Forex Yet. IQD Adjustment Timeline

Edu Matrix:  6-10-2025

Why isn't the Iraqi Dinar (IQD) traded on the Forex market? In this insightful video, we explore the critical factors keeping the IQD from gaining global traction.

Despite being listed on the forex market, the IQD faces limitations due to capital controls, lack of convertibility, and market confidence issues.

We dissect Iraq's currency auction system, the absence of a robust derivatives market, and the ongoing parallel forex operations. Dive deep into the essential reforms needed for Iraq to achieve IMF Article VIII status, which would pave the way for a fully convertible currency.

Stay tuned to discover how these developments could affect your investments!

 OUTLINE:

00:00:00 Why the IQD is NOT Traded on the Forex Market, Yet

00:00:28 ot Like Major Currencies

00:00:43 None -Convertible Currency

00:01:09 Currency Auction System

00:01:32 No Futures Market for IQD

00:01:55 Parallel Forex Market in Iraq

 00:02:17 No IMF Article VIII Status 0002:39 Reasons for Non-Global Trading

00:03:17 Reforms and Accessibility

00:03:37 Requirements for IMF Article VIII Status

00:04:15 Reforms Needed for Iraq

00:04:58 Currency Adjustment Timing

https://www.youtube.com/watch?v=VqPDr7h1Ens

Wednesday Coffee with MarkZ , joined by Andy Schectman. 06/11/2025

Wednesday Coffee with MarkZ , joined by Andy Schectman. 06/11/2025

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 Z, all the great Mods that make it go smoothly, and all the patriots here. Today is going to be a blessed day !

Member: Hi Mark- any news of the RV overnight?  Or bonds? Or Anything?

Member: Nader is saying the dinar didn't revaluation in country and also said they're not ready yet?

Member: some people had said the IQD already revalued in Iraq.

MZ: It did not….not yet.

Member: IQD is not on forex yet. When the budget is approved will it go on forex?

MZ: Its already on forex just can’t be traded yet. It still has restrictions.

Member: Sure seems like the Iraq Investment Forum this weekend would be a great event to announce new monetary policy. Would help with investor confidence.

MZ: It would be a great time to celebrate it. Iraq will launch 150 investment opportunities there in 12 sectors.  These are all ready to go….pre-approved economic opportunities in Iraq. In agriculture, oil, gas, manufacturing  ect…….they are exploding in growth as they diversify their economy.

MZ: “Parliament awaits the arrival of the budget tables”  they have not arrived yet. But we were told it would be mid to late week before we saw them. They may hold a extraordinary session to end this file urgently and get it passed.

Member: knowing Iraq…half of parliament won’t even show up.

MZ: There is a lot of chatter in Iraq. Here is one we need to watch because of the the timing . We are seeing some correlation between stablecoin and the digital dinar. With a potential rate of up to $3.22. But I still think it will be higher .

MZ: There is a major push from the US to get oil flowing again from the Kurdish region. Surprisingly there is pressure from UN members as well.

MZ: So we have the Economic investment forum happening the same times as the 4th meeting with the WTO. “Preparation for the 4th meeting of the ascension to the world Trade organization”  this is a negotiation meeting. Iraq has met all their obligations. They are also expected to have an international rate with no sanctions or restrictions on the dinar.  This is huge.

MZ: “Chairman of the Ports Authority: Revenues of the first 5 months of this year exceeded one trillion dinars”   this is their development road project starting at the port of Faw. They are just getting started but this is the beginning of a “gold rush”

Member: Iraq is giving new meaning to "covering all the bases"!!

MZ: “ Thomas Massey introduces a bill to audit America’s gold reserves” Massey is a Kentucky law maker and has introduced a bill to audit the gold reserves of the United States. We will watch this one as it moves through the system.

MZ: I am told by folks in DC that it has received wide support.

MZ: “Trump says China deal is done- “ this one is enormous.

MZ: Bond folks are relatively quiet

Member: With the bonds being Quiet..Maybe  that means that they signed a nda?  Or Are you being told to not speak about certain things. Essentially landed on to zip it?

 Member: I wonder  will the  riots move the EAS and RV forward or stall it?

Member: My gut feeling is martial law may begin on Saturday...

Member: So much happening-- good & "not so good"!!

Member: 3 days to June 14 ... while others are expecting chaos I'm expecting a major Breakthrough

Member: Hopefully it will all be done by July!

Member: I have a feeling everything will just all of a sudden happen at once.

Member:  happy birthday to everyone that has one today

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

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

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=HmdSfXanomg

News, Rumors and Opinions Wednesday 6-11-2025

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. 11 June 2025

Compiled Wed. 11 June 2025 12:01 am EST by Judy Byington

Possible Timing Global Currency Reset:

Wed. 11 June 2025 : “WWG1WGA 17 Get the popcorn ready because something big is coming on Wed. 11 June 2025 – the best day of the year. It will be a wonderful day, an unforgettable day. A day no one will forget. So stay alert and get prepared. Be patient. The best is yet to come.” Also on Wed. 11 June Iraq was set to (allegedly) make public announcement of the Dinar Revaluation (the end of a 5 day holiday), with Iraqi Dinar International Rate estimated at around $4.81.

Around Sun. 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the(allegedly)  final switchover to full QFS integration.

It’s official: As of Mon. June 23, 2025, Redemption Centers will (allegedly) begin processing live appointments under full GESARA protocol. According to sources inside two U.S. Treasury branches, the schedule is already being populated with approved Tier 4B participants. This is the moment we’ve all prepared for. …Emergency Broadcast System, White Hats on Telegram

Between Sun. 29 June and Fri. 4 July 2025 expect an EBS Bank Blackout Period while systems (allegedly) adjusted to the new currency rates and Global Financial System.

Fri. 4 July 2025: Possible Public rollout of Global Currency Reset.

~~~~~~~~~~~~~~

Tues. 10 June 2025 Bruce:

Wells Fargo representatives will be in all Redemption Centers to help with the exchanges.

You will have R&R, DOGE payment and increase in SS in your Quantum account.

Increase in SS will be 85% to 90% of your present payment.

(allegedly) There is no Income tax. (allegedly) The IRS is gone. Your consumption tax will be (allegedly) 14% to 15% increase of new items only.

June 14 is Flag Day, the 250th year anniversary of the Military and Trump’s birthday. Also on the 14th is the beginning of the rollout of NESARA (allegedly) that will go to July 4. The day could also include announcement of the new gold-backed USN.

Bruce’s Iraqi contact connected to the Sovereign Bank of Iraq, indicated that the Iraqi Dinar would be online Thursday and we could be in exchanges by Fri or Sat. However, the insurrection in the US could slow that down.

~~~~~~~~~~~~

Tues. 10 June 2025: New intel confirms that over 60% of all major central bank communication hubs was no longer under Cabal Control …Mr. Pool on Telegram

What replaced them isn’t just a monitoring system — it’s a live quantum oversight protocol, governed by AI-integrated alliance nodes. Every transfer, every internal ledger adjustment, every fiat-based swap is logged, intercepted, and permanently blocked if noncompliant with asset-backed standards.

In Berlin, high-level Deutsche Bundesbank officials have been forced into blackout sessions. Translation: diplomatic immunity revoked, data logs seized, private servers extracted by Space Force units under protective jurisdiction. Germany’s digital gold certificate program — once a covert slush fund — is now under QFS audit. What they promised to governments doesn’t exist. But what they stole from the people does.

The World Bank has entered collapse protocol. Their Nairobi satellite office — a key node for siphoning climate funds through synthetic ESG initiatives — was shut down yesterday under military enforcement. Files recovered include hundreds of forged development contracts tied to shell tribes, extinct zones, and ghost villages — all fake recipients for decades of funding diversion.

At the same time, U.S. Federal Reserve branches in Atlanta and Minneapolis experienced “technical anomalies” — the term used internally for grid disconnection from legacy SWIFT rails. What it really means: they’ve been cut off.

All attempts to bypass QFS validation through international crypto corridors have failed. Binance data centers are under surveillance. Ripple has complied. Tether is next.

And yet, the public still believes the economy is recovering. Because the façade hasn’t fallen — yet.

But when it does, it will happen fast. Legacy credit scores? Obsolete. Taxation tracking systems? Archived. Personal debt structures? Already mapped for erasure.

The final phase involves mass psychological transition. This is why the Quantum Communication Network (QCN) was built in parallel — to replace media control and guide the awakening without panic. Trial broadcasts have already occurred in 11 zones. If you didn’t notice them, you weren’t tuned to the right signal.

This isn’t theory. This is what happens when the script flips. The people were never meant to lose. They were meant to rise once the parasites collapsed under their own greed.

Stay sharp. Monitor every tremor. The silence is strategic. And it won’t last much longer.

Read full post here:  https://dinarchronicles.com/2025/06/11/restored-republic-via-a-gcr-update-as-of-june-11-2025/

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

Mnt Goat   So, again more...talk...about some $2 rate in the country of Iraq and rolling out the newer lower denominations. I can guarantee you that...There is NOT $2 rate in Iraq. They are still using the official CBI rate of 1320. This is also bullshit about lower denominations being out in Kurdistan or elsewhere...Trust me, when the CBI does bring out the newer lower denominations, articles will proceed it in the news...My CBI contact has told me months ago that the news articles are already designed and ready to go, given the proper timing. It is not yet!  It will not be and cannot be some secret information only told to a few.  ...I have a contact that works directly on this project to delete the zeros in the CBI and I would know if any new rate comes out.

Fnu Lnu    A lot of people are wondering about this digital Dinar issue...I have friends in Singapore who are arbitrage professionals, and affiliated with K2, who is consulting with Iraq.  Here is the explanation they gave me. The Digital Dinar is going to be used exclusively for...nation to nation transactions...and imports in general.  Peer to peer payments will be using both "Stable Coins" and folding currency. The paper Dinar is not being excluded in any way and will be for consumer needs...There is no way the paper currency can be eliminated. 80% of Iraqi citizens are unbanked according to the most recent CBI report and must use hard currency. Stablecoins will allow them to buy and sell without the bank.

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

BRICS 2025 SUMMIT: Brazil's TOP Goals, New Financial System & Massive Power Shifts | Y. Lissovolik

Lena Petrova:  6-10-2025

https://www.youtube.com/watch?v=l66b9zW7kJQ

Iraq Economic News And Points To Ponder Late Tuesday Evening 6-10-25

An Expert Reveals The Reasons For The Dollar's Decline In Iraq.

Time: 2025/06/10 18:06:13 Reading: 735 times  {Economic: Al Furat News} Economic expert, Duraid Al Anzi, confirmed that the decline in exchange rates in the country is primarily due to the lack of foreign currency transactions in trade with neighboring countries, in addition to the collapse of these countries' currencies against the US dollar.

Al-Anzi explained to Al-Furat News Agency, "This situation negatively impacts desire and increases demand for the dollar, which prompts governments in neighboring countries to reduce imports to Iraq."

He pointed out that "the local market is witnessing an abundance of many local products, which reduces the need for black market traders to demand dollars." LINK

The Investment Commission Announces Details Of The First Investment Forum In Iraq.

Buratha News Agency1902025-06-10   The National Investment Commission (NIC) announced details of Iraq's first investment forum on Tuesday, noting that the forum has strategic objectives to accelerate economic development. NIC Chairman Haider Makiya told the official news agency, "The upcoming investment forum, organized by the commission, is the first of its kind since its establishment, and has strategic objectives to accelerate economic development in the country."

He added, "The forum seeks to introduce the 141 available investment opportunities, all of which have received official approvals and are ready to be presented to local, Arab, and foreign companies." He explained that "the opportunities cover diverse sectors, including industry, housing, renewable energy, communications, pharmaceuticals, agriculture, and others."

He added, "The forum aims to attract the largest possible number of foreign and Arab companies to participate in infrastructure projects in Iraq, in addition to introducing international expertise to quality projects, in line with the investment law that requires the employment of skilled and unskilled Iraqi workers in projects."

Makiya pointed out that "the event will be attended by more than 300 international entities, including countries and companies, representing a historic opportunity to showcase Iraq's investment potential." https://burathanews.com/arabic/economic/461151

Al-Haims: E-Governance Enhances The Transparency Of Institutional Work 

June 10, 2025  Baghdad - Saad Mohammed Al-Kaabi  The Chairman of the Communications and Media Commission, Nofal Abu Raghif, discussed the activation of an agreement described as a legal and professional umbrella to preserve the confidentiality of technical and commercial data related to coordination and exchange operations between institutions.

A statement received by Al-Zaman yesterday stated that “the meeting reviewed the executive steps of the national roaming project and the activation of the NDI disclosure agreement, within the framework of the Authority’s efforts to establish the rules of fair competition and develop the communications infrastructure,

in addition to discussing the interim regulatory framework for the implementation of national roaming, in a way that ensures the expansion of the scope of geographical coverage and enable citizens to access communications service, by adopting a fair and transparent mechanism that guarantees the rights of all and prevents any exclusionary or monopolistic practices.”

Digital Inclusion

Abu Raghif pointed out that "this service is one of the most important tools for digital inclusion, which stimulates the market environment towards innovation and integration, praising the spirit of cooperation between the two sides while achieving digital and professional openness to move to an advanced stage in the telecommunications sector."

 The Authority renewed "its full commitment to follow up on the implementation of national roaming mechanisms according to a clear timetable, to ensure regulatory compliance and achieve the reform goals in the telecommunications sector." Abu Raghif and the American company SpaceX Starlink, hosted by Prime Minister Mohammed Shia Al-Sudani, discussed facilitating the company's work in Iraq.

Yesterday's statement said, "The Iraqi side welcomed the company's work to support network, information and communications technology," noting that "Iraq includes many promising investment opportunities in light of the rapid urban and service growth and expansion it is witnessing."

Al-Sudani instructed the concerned authorities to study ways to facilitate the company's work and expedite the necessary measures, stressing the importance of cooperation with the Iraqi private sector, within the vision of digital transformation.

The company's delegation expressed its "readiness to operate in Iraq, provide services, and cooperate in the Iraqi market," stressing that "Starlink services contribute to digital transformation and its applications for public and private sector institutions, developing communications, and strengthening the economic sector within the framework of bilateral cooperation between the two countries."

Abu Raghif and Vodafone International discussed the phases of operating the national mobile phone company. The meeting emphasized the importance of the project receiving direct government support, aligning with the priorities of the national program in the areas of digital transformation, and expanding the base of strategic partnerships with international companies with solid experience.

The two sides discussed the general outlines of the proposed timeline, including the pilot phase and commercial launch, as well as discussing the mechanisms for sharing infrastructure, especially with regard to towers and data centers, as they are the basic pillars for a sustainable and secure launch,

in addition to ways to benefit from Vodafone Group’s expertise in supporting emerging markets, and comparing similar experiences in countries experiencing similar circumstances, as well as transferring experiences and institutional knowledge in a way that consolidates the professional path of operation and maintains the balance between service and investment.

Launch Guide

According to the statement, in a related development, the Chairman of the Iraqi Securities Commission, Faisal Al-Humais, indicated that the launch of a guide to environmental, social, and corporate governance standards for companies is likely to continue efforts to enhance transparency in the operations of companies across all economic sectors, including telecommunications, industry, and tourism.

Al-Haims said on the sidelines of the launch ceremony of the guide, followed by (Al-Zaman) yesterday, that “the activation of the guide for environmental and governance standards was done in cooperation with the International Finance Corporation, and with financial support from the Kingdom of the Netherlands,”

noting that “the guide has a great impact on the application of transparency in companies in the Iraqi Stock Exchange, and this is an extension of the work of the Central Bank, within the framework of its launch of the governance guide for financial institutions listed in the market,” according to his expression.

He explained that it will be more comprehensive for all sectors, whether communications, industry, tourism or hotels, and will be reflected in increasing the quality of economic activities and financial transactions, by enabling investors to obtain complete information with a great deal of transparency, to support their investment decision, according to what he mentioned.

Al-Haims added that the application will be fully launched next year.  LINK

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 6-11-25

Good Morning Dinar Recaps,

CRYPTO INDUSTRY LEADERS RAISE CONCERNS OVER CLARITY ACT’S ‘GENSLER-ERA’ AMENDMENT AHEAD OF MARKUP

Crypto industry players are raising red flags over a new section added to the Digital Asset Market Clarity (CLARITY) Act of 2025 ahead of today’s markup session, warning that it closely resembles the aggressive regulatory posture of the prior administration.

Crypto Industry Players Raise the Alarm

On Tuesday, crypto stakeholders voiced their concerns over the newly amended text of the CLARITY Act. According to journalist Eleanor Terret, industry leaders have described the added provision as a “Gensler-era” measure, reviving fears about unclear and burdensome oversight.

The legislation, introduced on May 29 by Chairman of the House Financial Services Committee French Hill, is intended to build a comprehensive regulatory framework for digital assets in the U.S., promising the clarity and protection long sought by the crypto industry.

The bipartisan bill aims to:

• Protect consumers by requiring developers and customer-facing companies to provide essential disclosures.

• Safeguard client assets by mandating separation of customer and corporate funds.

• Support innovation, offering developers a regulated path to raise capital under government oversight.

“Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress,” Hill said in a statement last month.

However, Terret reported that the new amendment would “eliminate exemptions for previously issued tokens,” thereby giving the Securities and Exchange Commission (SEC) broad discretionary power to determine on a case-by-case basis whether each token constitutes a security.

Critics argue this move undermines the entire purpose of the bill, warning it may reintroduce regulatory uncertainty that the bill was initially designed to resolve. Some investors fear the amendment could enable a system of “winners and losers” determined by the SEC’s discretion.

Political Opposition Grows

The legislation has also drawn sharp criticism from Democrats. Some argue that it could create opportunities for former President Donald Trump to benefit financially through crypto-related ventures.

Rep. Maxine Waters (D-Calif.) was especially vocal, stating:

“This rushed, overly complicated bill will increase investor harm, which already runs rampant in today’s crypto market.”

She continued:

“Some of the riskiest activities are broadly exempted from the bill, leaving our constituents with no one to turn to when their money vanishes. The bill puts our national security at risk and contains no penalties for crypto criminals.”

Momentum Builds with the BRCA Inclusion

Despite the controversy, the bill gained momentum with the inclusion of the Blockchain Regulatory Certainty Act (BRCA), which provides legal protections for non-custodial software developers and infrastructure providers.

As reported by Bitcoinist, eight major crypto policy groups signed a joint statement urging Congress to add the BRCA to the CLARITY Act. The BRCA was reintroduced on May 21, 2025, by Rep. Tom Emmer (R-MN) and Rep. Ritchie Torres (D-NY).

On June 8, the revised version of the CLARITY Act incorporated the BRCA, clarifying that non-custodial, peer-to-peer developers should not be regulated as money transmitters. In a joint statement, the crypto policy groups said:

“This is a meaningful step toward protecting developers of non-custodial, peer-to-peer technologies while maintaining strong oversight of custodial financial institutions.”

They added that the updated bill reflects a balanced regulatory approach, building on FinCEN’s 2019 guidance.

Industry Support Persists Despite Concerns

Even with the inclusion of the controversial amendment, major crypto firms such as Coinbase remain supportive. The company issued a statement asserting:

“Bipartisan momentum is building. Lawmakers from both sides agree: it’s time to protect consumers and unlock American innovation with clear crypto legislation. As Congress prepares for a key vote to advance the CLARITY Act, the message is clear: vote YES.”

Next Steps for the CLARITY Act

As of the time of writing, the CLARITY Act passed the House Committee on Agriculture markup with a decisive 47–6 vote, following nearly three hours of debate. The bill will now move to the House Financial Services Committee for further review, as reported by Terret.

@ Newshounds News™
Source: Bitcoinist

~~~~~~~~~

XRP LEDGER DEVS PLAN SIDECHAIN LAUNCH IN Q2 FOR ETHEREUM COMPATIBILITY

▪️ XRP Ledger plans to launch an EVM sidechain in Q2 2025 to gain Ethereum compatibility.
▪️ Ripple CTO David Schwartz announced the timeline at the Apex 2025 event in Singapore.

The XRP Ledger (XRPL) — a blockchain closely associated with cross-border payments company Ripple — is preparing to launch an Ethereum Virtual Machine (EVM) sidechain in the second quarter of 2025, in a significant move to bridge Ethereum smart contracts into its ecosystem.

This EVM-compatible sidechain aims to enable Ethereum-based smart contract functionality while preserving XRPL’s signature low-cost and high-speed transaction model.

Ripple’s Chief Technology Officer David Schwartz formally announced the upcoming launch during the ongoing Apex 2025 event in Singapore, according to Peersyst, one of the project’s principal development partners.

What the Sidechain Will Do

The EVM sidechain is a parallel blockchain that will run alongside the XRP Ledger. It is being developed by contributors Ripple and Peersyst, and is built using the evmOS software stack.

▪️ The sidechain is already live on testnet, serving as a trial environment to ensure functionality and performance.
▪️ A mainnet launch is expected to follow in Q2 2025 after further testing and the onboarding of validator partners.

Why Ethereum Compatibility Matters

While XRPL has its own support for native smart contracts, it does not currently support the Ethereum Virtual Machine (EVM) — the dominant development environment for decentralized applications (dApps) on Ethereum.

This limitation has meant that Ethereum developers could not easily port their applications to the XRP Ledger. The EVM sidechain solves that by bringing Ethereum-style programmability directly to the XRPL ecosystem.

Other projects like Flare Network also provide EVM-compatible smart contract capabilities that integrate with XRPL, but this new native sidechain represents a first-party, in-house solution from Ripple contributors.

Bridge Connectivity: Powered by Axelar

The EVM sidechain will connect to the XRP Ledger mainnet through a bridge mechanism. Specifically, Axelar has been selected as the exclusive bridge provider for the sidechain.

This bridge will enable transfer of assets, such as wrapped XRP, which will act as the native gas token on the sidechain.

This initiative represents a strategic leap toward greater interoperability between XRPL and the wider Ethereum ecosystem, expanding XRPL’s reach and relevance in the world of decentralized finance (DeFi) and smart contract-based applications.

@ Newshounds News™
Source:  Source: The Block

~~~~~~~~~

🇷🇺 BRICS: Oil Giant Eyes Chinese Yuan Bonds, Ignores US Dollar Assets
Kazakhstan’s KazMunayGas makes landmark shift toward de-dollarization

In a major financial pivot, Kazakhstan’s state oil and gas giant KazMunayGas is preparing to ditch US dollar bonds in favor of Chinese yuan-denominated debt, including dim sum and panda bonds.

Why the shift?
Yuan-based bonds offer cheaper debt options compared to US Treasuries — aligning with BRICS’ push to reduce USD dependence.

 “We looked at all options… Currently, there is a possibility to sell dim sum and panda bonds,” said CEO Askhat Khassenov to Bloomberg. “They offer rather good conditions.”

The move follows growing BRICS influence encouraging global firms to explore non-dollar financial instruments.

• Dim sum bonds = yuan bonds traded offshore

• Panda bonds = yuan bonds issued by foreign entities inside China

This marks the first time KazMunayGas sidelines US dollar assets — and may signal a larger trend among other BRICS-aligned oil firms.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Tidbits From TNT” Wednesday Morning 6-11-2025

TNT:

Tishwash:  The Security Council holds a session on the situation in Iraq, and Al-Hassan provides a briefing.

 The United Nations Security Council is holding a session on the situation in Iraq today, Tuesday.

The session will be held at 5:00 p.m. today, Baghdad local time, according to a statement issued by the United Nations Assistance Mission in Iraq (UNAMI).

The statement indicated that the Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, is expected to provide a briefing at the session on developments in Iraq and regarding UNAMI.

The United Nations Assistance Mission in Iraq (UNAMI) is scheduled to officially end at the end of 2025. The mission was established pursuant to Security Council Resolution 1500 in August 2003 to support the Coalition Provisional Authority (CPA) led by Paul Bremer and the Iraqi Governing Council following the overthrow of the former regime led by the late President Saddam Hussein by US forces and their allies. link

Tishwash:  Parliament awaits the arrival of the budget schedules.

After a period of waiting, the general budget schedules for the year (2025) return to the forefront of the government and the House of Representatives’ concerns, amid anticipation of its final path, with the announcement of the representatives’ readiness to hold an extraordinary session in order to end this file urgently.

Member of the Finance Committee, MP Jamal Koujar, expects the tables of the 2025 General Budget Law to reach the House of Representatives soon, noting that their arrival is linked to the government completing the process of officially preparing them. In a statement to Al-Sabah, Koujar confirmed the House's readiness to hold an extraordinary session immediately after the tables are officially received, with the aim of discussing and approving them quickly.

The MP explained that the Finance Committee does not expect the session to witness a lengthy or in-depth discussion regarding the new budget schedules, given that they will not witness any fundamental changes compared to last year's budget, which was approved over three years without any significant amendments. He pointed out that this reflects a clear trend in Parliament towards facilitating the procedures for approving the schedules with the aim of ensuring the rapid activation of financial spending and the continued implementation of projects and services during the remaining period of the year.

Koger also pointed out that even if there are some minor amendments to the draft budget, the prevailing trend is to pass the law as it was received by the government, in order to preserve the stability of the financial and economic process, and avoid any delay that might negatively affect government performance and needs. Citizens.  link

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

Tishwash:  Economic Council: The Iraq Investment Forum will launch 150 investment opportunities in 12 economic sectors.

The head of the Iraqi Economic Council, Ibrahim al-Baghdadi, affirmed that Iraq represents a fertile and promising ground for investment in various sectors, noting that the Iraq Investment Forum represents a pivotal event for showcasing ready-made investment opportunities that align with the country's developmental aspirations.

Al-Baghdadi told the Iraqi News Agency (INA): “Iraq enjoys a strategic geographical location that makes it a key link in the international transportation network, in addition to possessing natural and human resources that qualify it to be an attractive environment for long-term investments.” He pointed out that “the forum’s agenda includes dialogue sessions and various topics that highlight the most prominent government measures supporting investors, in addition to presenting strategic projects such as the development road, which enhances economic integration in the region and constitutes an important axis for sustainable development.”

He pointed out that "more than 150 investment opportunities will be presented during the forum, distributed across 12 economic sectors, including the energy and renewable energy sector, which includes 27 investment opportunities in 13 governorates, including projects for thermal power plants, solar power, wind energy, and electricity generation from waste." He pointed out that "the oil and gas sector will include two investment opportunities to establish a refinery and a factory in Basra and Wasit, while the heavy and medium industries sector will include 21 opportunities, including chemical, manufacturing, and food industries in 10 governorates."

He added that "the industrial and free zones will include nine opportunities, including the establishment of industrial and pharmaceutical cities and free zones in Karbala, Maysan, Diwaniyah, Anbar, Basra and Nineveh," noting that "the investment opportunities also include projects in the agricultural and livestock production sectors, which include 20 opportunities in five governorates on vast agricultural areas."

He continued, "The opportunities also include the health sector, with 10 opportunities to establish hospitals and specialized centers in seven governorates," stressing that the projects also include housing and real estate development, with 25 opportunities including residential complexes and new cities providing more than 150,000 housing units in 11 governorates."

He pointed out that "tourism and entertainment include nine opportunities in Dhi Qar, Najaf, Nineveh, Babylon, and Karbala, including tourism projects and entertainment cities, in addition to investment opportunities in the transportation and ports sector to establish cable cars and a civilian airport."

Al-Baghdadi stated that "the forum will also address a number of issues, including sports and youth, where 10 opportunities will be presented, including sports cities and facilities in nine governorates, in addition to opportunities related to trade and warehouses, including eight investment opportunities, including warehouse complexes and commercial facilities in Kirkuk, Nineveh and Maysan, in addition to opportunities in the communications sector, through providing two opportunities to establish data centers and install submarine cables for international communications in Al-Faw."

Al-Baghdadi emphasized that "the forum is an effective platform for direct communication between local and foreign investors, on the one hand, and Iraqi ministries and agencies, on the other. He pointed out that Iraq aspires to become a regional hub for investment and development in the region, with government support and encouragement from the private sector."  link

Mot:  Just Saying!! -- Why having a pet door is a bad idea in Florida 

Mot:  Remember When Life was Tough!!!! ((( can I go back?? )))

Monetary Inflation is here, they’re Monetizing Debt

Monetary Inflation is here, they’re Monetizing Debt

Wealthion:   6-10-2025

The global financial system is facing a silent but potentially devastating crisis, not from a traditional recession, but from a fundamental imbalance between soaring debt and dwindling liquidity.

That’s the warning issued by market expert Michael Howell, who paints a stark picture in a recent interview with Wealthion’s James Connor.

Howell argues that the current scramble by the U.S. and other governments to roll over trillions in short-term debt at ever-increasing interest rates is creating a dangerous situation. This continuous refinancing, he contends, is leading to a form of quiet monetary inflation, a factor often overlooked but with potentially severe long-term consequences.

In the interview, Howell lays bare the reasons why we should expect to see 5% bond yields as the new normal. He also dismantles the long-held 60/40 portfolio model, deemed obsolete in this evolving macro environment.

Perhaps most surprisingly, he suggests that China, not solely the Federal Reserve, may be a key driver behind the ongoing gold bull market.

Looking ahead, Howell warns that global bond markets are flashing danger signals. He identifies the period between 2026 and 2028 as a potential “refinancing cliff,” when a large volume of debt will need to be rolled over. This could trigger the next significant financial crisis, given the already strained global liquidity situation.

The warnings from Howell highlight the need for vigilance and proactive planning in navigating the challenges ahead. By understanding the underlying risks and adopting a strategic approach, investors can position themselves to protect their wealth and potentially even thrive in this evolving financial landscape.

https://youtu.be/DVguHjD1bhQ

Iraq Economic News And Points To Ponder Tuesday Afternoon 6-10-25.

UN Representative: Iraq Is Making Efforts To Achieve Stability And Establish Integrated International Relations.

Tuesday, June 10, | Politics Number of reads: 338   Baghdad / NINA / The UN Security Council held its session on Tuesday afternoon on the situation in Iraq.

The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, said in a briefing to the UN Security Council that "Iraq is making efforts to achieve stability and establish integrated international relations," noting that "the Iraqi government is committed to returning its citizens from the Syrian Al-Hawl camp."

He added, "The Electoral Commission is committed to holding fair elections," praising Iraq's efforts to provide humanitarian aid to Lebanon, Syria and Gaza. /End https://ninanews.com/Website/News/Details?Key=1233538

The Central Bank Of Iraq's Total Credit Exceeded 70 Billion Dinars.

Tuesday, June 10, 2025 | Economic Number of reads: 284  Baghdad / NINA / The Central Bank of Iraq announced, on Tuesday, that the total credit exceeded (70 billion) dinars by the end of March 2025.

The bank said in an official statistic, "The total credit by the end of last March of this year amounted to 71 billion and 288 million dinars, a decrease of 2.78% compared to last February, which amounted to 73 billion and 188 million dinars."

He added that "the credit was distributed between credit provided to the central government in the amount of 24 billion and 738 million dinars, credit provided to public institutions in the amount of 2 billion and 489 million dinars, and credit provided to the private sector in the amount of 44 billion and 61 million dinars." / End   https://ninanews.com/Website/News/Details?key=1233517

Gold Prices Decline In Early Trading

Tuesday, June 10, 2025  | Economic Number of reads: 279   Baghdad/ NINA / Gold prices fell in early trading on Tuesday, as traders awaited further developments in the ongoing trade talks between the United States and China in London.

By 01:25 GMT, spot gold fell 0.5% to $3,311.16 per ounce, while US gold futures fell 0.7% to $3,330.90.

As for other precious metals, spot silver fell 0.6% to $36.51 per ounce, platinum fell 0.8% to $1,210.46, and palladium fell 0.2% to $1,071.75.

High-level trade talks between US and Chinese officials continue in London for the second day, with discussions covering issues ranging from tariffs to restrictions on rare earth minerals. https://ninanews.com/Website/News/Details?key=1233464

Basra Crude Rises In Line With Global Oil Prices

Tuesday, June 10, 2025 | Economic Number of reads: 340  Baghdad / NINA / The prices of Basra Heavy and Basra Medium crude oil rose on Tuesday, coinciding with the global rise in oil prices.

The prices of Basra Heavy crude oil rose $1.10, equivalent to 1.78%, to reach $62.93, while the prices of Medium crude oil rose $1.10, equivalent to 1.70%, to reach $65.78.

Global oil prices rose due to the global economic market's expectations of the results of the trade agreement between the United States and China, which will affect oil market prices.

The price of Brent crude reached $67.16, while the price of US crude reached $65.42. / End
https://ninanews.com/Website/News/Details?key=1233497

Dollar Exchange Rates In Baghdad And Other Governorates
Economy | 10/06/2025   Mawazine News – Baghdad   Mawazine News publishes the exchange rates of the dollar against the dinar in the Iraqi local markets today, Tuesday, June 10, 2025.

Baghdad :  Selling price: 142,000   Buying price: 141,000

Erbil:  Selling price : 141,500     Buying price: 141,250

Basra:   Selling price: 141,750   Buying price: 141,250

https://www.mawazin.net/Details.aspx?jimare=262353

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