Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

Monday Coffee with MarkZ. 06/16/2025

Monday Coffee with MarkZ. 06/16/2025

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 Monday Morning and welcome to a new week of hoping.

Member: Definitely need good RV news today! Hopefully will hear something promising about exchanging...

Monday Coffee with MarkZ. 06/16/2025

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 Monday Morning and welcome to a new week of hoping.

Member: Definitely need good RV news today! Hopefully will hear something promising about exchanging...

Member: Are you as discouraged as we are Mark?

MZ: I’m not discouraged…..I think we see the end. Wish we knew how quickly Iran will wrap up. I have a number of sources who think Iran will cave and we will have resolution within the week. Then I think it is all a “GO”

Member: Do you think the Iranian rial will go at the same time as the others?

MZ: I think the rial will be in the first basket. I am feeling good about the rial going now.

Member: What about any new bond updates Mark ?    thank you

MZ: I don’t have any new bond updates at all. And I just went through all my messages. Hopefully I will have updates by tomorrow.

Member: We know Monday morning are tough for news…..maybe you will hear something later.

Member: any news from Vietnam?

MZ: Vietnam has made a pretty big announcement legalizing Crypto and a big technology law that allows Vietnam to move to -what we call – the QFS. They have embraced the technology.

MZ: “Vietnam legalizes crypto under new digital technology law.” IMO Vietnam is laying the groundwork for modernization and the new financial system. I believe this is good news for all of us holding VND.

Member: Jamie Dimond has said that the dinar will be the savior of the dollar…he just didn’t say “when”

MZ: In Iraq: “Advisor to the Prime Minister: Iraq is qualified to be a regional financial center with 4 strategic powers” he is laying out the facts on the wealth and prosperity heading Iraq’s way.

MZ: “Iraq maintains its global ranking in natural resources”  It is ranked 9th in the world and second for oil in the entire middle east region. Iraq will be a bridge between the east and the west via the development road.

Member: "The Iraqi Ministry of Finance announces the cessation of paper currency in all financial transactions and the adoption of electronic payment methods as sole option for payments"

MZ: That is supposed to occur before July 1st.

Member: Sudani promised the people that the revalue would be done in his time in office

Member: New Iraq elections are in November. They better hurry things up.

Member: Pimpy says Iraq will remove the zeros and we’re going to be disappointed with worthless paper.

Member: That is a lop. All other intel providers say that will NOT happen.

Member: the G7 is happening right now in Canada…Trump just arrived there.

MZ: “All eyes on Trump as G7 summit begins amid middle east tensions” They are holding this in Alberta.

Member: The G7 could be quite interesting as to what Trump says & does there..probably more deals in the making

Member:   Let's Get 'Er Done. For the first time in decades, I am not watching news and just waiting for the chaos to stop. Glimpses are enough.

Member: Thanks for staying the courses Mark these years. Been an exhilarating ride

MZ: It has been an exhilarating ride…but we are ready for it to be over.

Member: Have a great day everyone……the best is yet to come

 Johnathan Otto joins us from myredlight.com after the news around 45 minutes in.

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=RX79xcDEItU

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Monday 6-16-2025

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 Mon. 16 June 2025

Compiled Mon. 16 June 2025 12:01 am EST by Judy Byington

What We Think We Know as of Mon. 16 June 2025:

The fiat system is finished. As of June 13, 2025, global banking infrastructure controlled has (allegedly) collapsed beyond repair. Trump’s Gold Directive, (allegedly)  signed in January, triggered full-scale military seizures of underground vaults across 42 countries. The banks are finished. Over 12,000 branches have(allegedly)  closed in 30 days. Accounts are frozen. Assets are blocked.

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 Mon. 16 June 2025

Compiled Mon. 16 June 2025 12:01 am EST by Judy Byington

What We Think We Know as of Mon. 16 June 2025:

The fiat system is finished. As of June 13, 2025, global banking infrastructure controlled has (allegedly) collapsed beyond repair. Trump’s Gold Directive, (allegedly)  signed in January, triggered full-scale military seizures of underground vaults across 42 countries. The banks are finished. Over 12,000 branches have(allegedly)  closed in 30 days. Accounts are frozen. Assets are blocked.

Sun. 15 June 2025 Since the June 14 trigger protocol, entire banking networks have entered forced compliance with quantum directives — and most of their own employees don’t even know it yet. Everything still looks normal on the surface. But under the hood, the software that once empowered fraud is being dismantled line by line. …Gesara Nesara QFS on Telegram

Covert Intel Now Confirmed:

Over 400 high-level bankers across Switzerland, UAE, and Canada have been (allegedly) quietly removed since June 10 — officially “resigned,” but internally flagged by Earth Alliance AI sweeps as obstructions to global asset transition.

The World Bank has lost over 70% of its private gold reserves — reclaimed through orders and redirected into humanitarian QFS allocations.

IMF task teams are undergoing mass restructuring; 13 out of 15 internal data centers have been (allegedly) rewired with QFS relay systems and encryption governed by U.S. Space Force command.

Coming Next:

On June 17, select national vaults will(allegedly)  begin physical conversion of old fiat into gold certificate equivalents. Most will be stored digitally, but watch for leaks from Italy, Kazakhstan, and Norway.

Rainbow Wallet Full Mode goes live June 19 —(allegedly)  unlocking sovereign payout options and historical bond credit assignments.

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

Sat. 14 June 2025: The July 4 celebration was never just a tribute to the past — it was the ignition of a new future. …Gesara Nesara QFS on Telegram

Right now, behind the scenes, systems are executing with mathematical precision. The Starlink relay continues uninterrupted. QFS wallets are being pinged with digital handshake protocols. The gold certificates assigned to each sovereign ID are being validated in real time. What began as a silent shift is now an unstoppable current flowing across all continents.

As of June 13, 2025, intelligence teams have confirmed that:

Over 89% of fiat-structured banking systems are now (allegedly) fully disconnected from central control grids.

Parallel sovereign ledgers are live and mirroring activity across IMF, BRICS, and new Eurasian exchange nodes.

Final decryptions of Rothschild global account holdings have been completed — assets locked, repurposed, and redirected.

In short: the monetary parasite has been excised. And the host — humanity — is healing.

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

QFS Access Milestones:

All verified users born 2001 or earlier are now confirmed eligible for full wallet deployment.

Redemption Centers have(allegedly)  begun scheduling Level 2 Med Bed intake — with biometric matching linked to sovereign medical profiles.

Real-time analytics show over 12 million users have(allegedly)  logged in to verify credentials and view preliminary fund allocations.

Read full post here:  https://dinarchronicles.com/2025/06/16/restored-republic-via-a-gcr-update-as-of-june-16-2025/

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

Courtesy of Dinar

Mnt Goat The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. ...I keep telling you the value is already in the dinar...if you go back to 1990 it was over $3 and...look at all the progress since.  But the standards for currency valuations have changed. Basel I-IV changed all of it.  Why isn’t it at least at $3 now? ...this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past!  They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from. Yes, there will be many groupings of currencies to create new pegs. These currencies will support each other. These will be major trading partners.

Fnu Lnu  The IMF and WB will not allow Iraq to walk away from their currency...not if they want that International trade status and WTO membership. If they screwed folks like the United States, their name would be mud Internationally and sanctions would ensue. The USA has about 14 trillion dinar to my accounting and those came from currency swaps.  All those loans they got from the USA were in reality, currency swaps. Mind you...back then, the Dinar was 4000 to one, not 1320 to 1...

FRANK26….6-15-25…..KIM CLEMENT

Nothing, Nothing, Nothing ...Suddenly???

Kim Clement discussion about minute 26:00

https://www.youtube.com/watch?v=jTBqQrqM7xw

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Iraq Economic News And Points To Ponder Monday Morning 6-16-25

Economist Warns: The Dollar Will Explode If Iraq Enters The War With Israel And Iran - Urgent
 
Economy Yesterday, | 1157  economic hell  Baghdad Today – Baghdad   As regional tensions between Israel and Iran escalate, Iraq stands at a dangerous juncture,
 
the repercussions of which could extend beyond politics and security to the heart of the fragile economy, burdening ordinary citizens who still yearn for a lost stability.

Economist Warns: The Dollar Will Explode If Iraq Enters The War With Israel And Iran - Urgent
 
Economy Yesterday, | 1157  economic hell  Baghdad Today – Baghdad   As regional tensions between Israel and Iran escalate, Iraq stands at a dangerous juncture,
 
the repercussions of which could extend beyond politics and security to the heart of the fragile economy, burdening ordinary citizens who still yearn for a lost stability.

Whenever the drums of war beat in the region, Iraqi markets are the first to tremble, as fear turns into a frenzied race for the dollar, and the dinar becomes a burden rather than a security.
 
In a scene that is repeated with every crisis, anxiety levels rise among traders and citizens, and the dollar begins to rise, as if reflecting the pulse of fear in the streets.
 
As news of the potential for the conflict to expand continues, economists warn of an impending catastrophe,

warning that any Iraqi involvement in the conflict will 
     mercilessly ignite the foreign exchange market and 
     push the prices of basic commodities to levels beyond the reach of ordinary citizens.
 
From this standpoint, the warning issued by economic expert Othman Karim,
on Sunday (June 15, 2025),
reflects a worrying reality,
speaking clearly about the scenarios that could destabilize the dinar and threaten food security,
if Iraq becomes embroiled in a war that is not its own, but one that will cost it dearly.  Karim told Baghdad Today,
 
"The rise in the dollar exchange rate immediately after the Israeli strikes is a normal occurrence in the market,
due to the fears of traders and those who own dinars and who resorted to quickly converting their currency into dollars."  He added,
 
"The exchange rate will remain below 150,000 dinars for the time being,
 
but if Iraq enters a state of war, prices ill reach more than 160,000 dinars, and may rise further, significantly impacting food prices,  especially if the seaports on which Iraq relies are completely closed."
 
The Middle East is witnessing an unprecedented escalation in tensions between Israel and Iran,
amid an exchange of threats and military strikes that threaten to expand the conflict to neighboring countries.
 
Iraq, due to its geographical location and its intertwined relationships with the parties to the conflict, faces the possibility of slipping into a war, either directly or indirectly, raising widespread popular and economic concerns.

Iraq is a country that relies heavily on imports, particularly food, which arrive via seaports.
 
This makes it vulnerable to fluctuations in regional and international markets.
 
The Iraqi economy also suffers from structural fragility, 
making it highly susceptible to political or security unrest.
 
This was evident in previous crises that led to sharp fluctuations in the dinar's exchange rate against the dollar, directly impacting the prices of goods and services.
 
With recurring geopolitical tensions, Iraqi markets are in a state of constant suspense, 
with the dollar exchange rate being more influenced by sentiment and anxiety than economic data.
 
This makes any military escalation in the region a direct cause of significant fluctuations that could impact citizens' daily lives.     https://baghdadtoday.news/276440-.html  

A "Time Bomb"... The Iraqi Economy Is At Risk Due To Jordanian Banks.
 
Economy     2025-06-10 |   4,697 views  Alsumaria News – Economic  Financial and banking expert Mustafa Hantoush described Jordanian banks' control over remittances as a "time bomb" on Tuesday.

Hantoush told Sumaria News , "The issue of Jordanian and Gulf banks controlling the current currency auction is like a time bomb," noting that
 
"the dollar's valuation has been directed to 50 private Iraqi banks in order to resolve it."  He added,
 
"These foreign banks have joint accounts, controlling more than $50 billion annually, which is a significant amount,"
 
warning of the danger of "these banks monopolizing remittances, even though they are affiliated with foreign investment." 

He stressed the "need to take action,  either dismantling the banks, which is unacceptable, or implementing real instructions that are    consistent with international modelsnot a model tailored to Iraq and never implemented at all."  
  
https://www.alsumaria.tv/news/economy/529225/قنبلة-موقوتة-الاقتصاد-العراقي-في-خطر-بسبب-مصارف-اردنية

Prime Minister's Advisor: Iraq Is Qualified To Become A Regional Financial Center With Four Strategic Powers.
 
Yesterday, 13:18  Baghdad - INA - Nassar Al-Hajj  The Prime Minister's financial advisor, Mazhar Mohammed Salih, identified four factors that make Iraq a regional financial center on Sunday, stressing that Iraq possesses foreign reserves exceeding $100 billion.
 
“There are four elements of strength that make Iraq a regional financial center, the 
first of which is that it is the second largest producer of crude oil in the Middle East, and 
it has the fourth largest oil reserves in the world, through which it competes to take precedence in the global energy market, through     more production and     achieving financial flows
 
that make it a financial and economic pillar in the economic geography of the Middle East, by achieving large financial surpluses that can be directed to investment in financial infrastructure,” Saleh told the Iraqi News Agency (INA).

He stated that "Iraq has foreign reserves exceeding $100 billion, which provides it with a
     significant financial safety margin, confidence in     monetary stability, and       high financial investment attractiveness."

 He added, "The second factor is Iraq's unique geoeconomic location,  which is a vital corridor linking the world's north to its south.
 
This represents an open economic space between global markets and their financial and commercial attractions, with links that provide important climates for the concentration of regional financial markets,
 
which will revolve around the strategy of the 'development project' linking Europe and the Gulf." He continued:
 
"The third factor is the demographic or human factor, and   its foundation is the population boom, as   the percentage of the population under the age of thirty is close, which makes Iraq one of the young nations.

The high percentage of youth (more than 60% under the age of thirty)
will provide a flexible human base that can be trained in
     financial technology,
     banking innovation,
     digital technology, and
     artificial intelligence."

He noted that   "the government is undertaking the establishment of an important college for artificial intelligence sciences as inputs to the financial labor market and its foundations." He added,
 
"The fourth factor is modernizing and restructuring governance in government-owned banks,
given that they currently control 80% or more of banking activity."

He emphasized that  "the reform campaign being led by the government today for the aforementioned banks aims to transform Iraq into a global financial center after ridding it of the risks of bureaucracy and inefficiency inherited over many decades."

He pointed out "the importance of  electronic payments and the  gradual expansion of the use of bank cards, point-of-sale (POS),   collection systems, and  smart wallets, which have helped achieve significant leaps in digital financial inclusion.

This is coupled with the presence of the Iraq Stock Exchange and the Securities Commission,
which operate in a robust, integrated, and promising manner as an infrastructure to establish Iraq as a regional hub for consolidating the country's institutional financial stability."

He explained that  "the legal, executive, and regulatory infrastructure requirements are the key lever for enabling this transformation. These include, for example,
     linking banks to effective electronic payment platforms and
     supporting the development of the current National Data Center to serve as the sovereign digital financial infrastructure that supports Iraq's efforts to transform into a regional financial center."

 He pointed out that  "Iraq's transformation into a regional financial center will be achieved through the 
     collection and integration of financial, banking, and economic data,
     supporting smart monetary and financial policies,
     enabling financial technology and smart data analysis,
     enhancing transparency and governance of financial institutions,
     stimulating the non-banking finance sector, such as microfinance companies,
     reforming the insurance sector, and
     licensing financial technology (Fintech) companies." He pointed out that
 
"the current political, legal, and institutional stability that our country enjoys today,
in a prosperous and solid manner,
is the true basis for financial strength.
 
There is no financial center without a stable and secure political and legal environment."
 
Saleh emphasized the importance of building regional and international partnerships, such as
studying the importance of joining regional payment systems and financial structures of international groups such as the   G20 or   BRICS, or  partnerships with strong financial centers in  SingaporeDubai,  Hong Kong, and others.       https://ina.iq/ar/economie/236406-.html 

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

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Monday Morning 6-16-25

Good Morning Dinar Recaps,

Coinbase & Gemini Secure EU MiCA Licenses Amid Malta–Lux Clash

Two of the crypto industry's biggest names—Coinbase and Gemini—are finalizing regulatory approvals under Europe's new MiCA framework, but their divergent paths have sparked debate across the continent. With Malta’s fast-tracking and Luxembourg’s slower, high-standard approach, the European crypto regulatory landscape is entering a pivotal phase.

Good Morning Dinar Recaps,

Coinbase & Gemini Secure EU MiCA Licenses Amid Malta–Lux Clash

Two of the crypto industry's biggest names—Coinbase and Gemini—are finalizing regulatory approvals under Europe's new MiCA framework, but their divergent paths have sparked debate across the continent. With Malta’s fast-tracking and Luxembourg’s slower, high-standard approach, the European crypto regulatory landscape is entering a pivotal phase.

Coinbase and Gemini: Two Roads to MiCA Approval

▪️ Coinbase is seeking its EU MiCA license via Luxembourg, a globally respected financial center.
▪️ Gemini, meanwhile, is nearing imminent approval from Malta, which has already licensed OKX and Crypto.com within weeks.
▪️ This divergence is testing European Union regulatory consistency, as MiCA allows member states to issue single-market licenses to crypto firms.

Malta’s Fast-Track Raises Eyebrows

Malta’s rapid approval process is under scrutiny by regulators from other EU countries. Critics argue that a “license shopping” effect could emerge, where firms seek out the most lenient jurisdictions.

▪️ France’s AMF warned of a “regulatory race to the bottom,” pointing to Malta's small regulatory staff.
▪️ Malta’s MFSA defended its speed, saying: “Expedited processing was due to our in-depth understanding acquired over these years.”

Luxembourg's Deliberate Approach

Coinbase has taken a more measured route via Luxembourg, with its MiCA application underway for months.

▪️ A Coinbase representative emphasized Luxembourg’s global financial credibility, calling it “a high-bar, well respected financial centre.”
▪️ The firm plans to hire over 20 new staff in Luxembourg by year-end, expanding its existing 200-person European team.

MiCA Faces Its First Real Test

As the first major MiCA licenses are issued, the EU's ability to maintain regulatory uniformity is being put to the test.

▪️ Central Bank Governor Gabriel Makhlouf previously compared crypto to a Ponzi scheme, warning: “Most of the time when you gamble, you’re actually losing.”
▪️ ESMA is now examining Malta’s process closely, with a report to be shared among member states in the coming weeks.

What's at Stake

With the Gemini MiCA approval and Coinbase EU MiCA license serving as precedent, these cases could define:

  • Whether MiCA's promise of harmonization will hold

  • How jurisdictional competition might impact investor protections

  • The degree of regulatory trust within the EU's internal crypto market

As regulatory friction builds, Europe’s new crypto era is taking shape—and the outcomes of these licenses may define the rules of engagement for years to come.

@ Newshounds News™
Source: 
Watcher Guru

~~~~~~~~~

Vietnam Passes Landmark Law Defining Digital Assets, Boosting AI and Chip Sectors

Vietnam has taken a major step forward in regulating crypto and accelerating digital innovation. A new law passed by the National Assembly legalizes digital assets and lays the foundation for massive state-backed investment in semiconductors, AI, and digital infrastructure. The move positions Vietnam as one of the first nations with a comprehensive legal framework for digital assets.

Clear Rules for Crypto—And Major Incentives for Tech

▪️ The Law on Digital Technology Industry, passed with 441 out of 445 votes, takes effect January 1, 2026.
▪️ It formally classifies digital assets into three categories: virtual assetscrypto assets, and other digital assets—each with defined property rights under civil law.
▪️ The law ends the regulatory gray zone that pushed Vietnamese crypto startups to relocate abroad.

What the Law Covers

▪️ Virtual assets: Used for exchange or investment, not recognized as currency.
▪️ Crypto assets: Authenticated and transferred via encryption and blockchain.
▪️ Other digital assets: Encompassing non-financial digital goods.
▪️ Securities, fiat tokens, and other financial instruments are excluded from these definitions.

A Homecoming for Crypto Innovation

Vietnam’s crypto ecosystem had seen explosive growth despite unclear laws.

▪️ The country ranked 5th globally in crypto adoption in 2024, per Chainalysis.
▪️ Over $105 billion in blockchain investments entered Vietnam during 2023–24—mostly routed through offshore entities.
▪️ Prime Minister Pham Minh Chinh had previously ordered crypto regulation development to support his 8% GDP growth target.

The new law is designed to bring crypto firms back home by offering both legal certainty and economic incentives.

Vietnam Bets Big on AI, Chips, and Data Centers

Beyond crypto, the legislation signals a bold national tech agenda:

▪️ Aims to grow to 150,000 digital technology enterprises by 2035.
▪️ Offers corporate tax rates as low as 10% for 15 years for qualifying tech firms.
▪️ Waives import duties and land rental fees for digital infrastructure, AI, and semiconductor ventures.
▪️ Projects investing $80M+ in data centers or $160M+ in chip fabs qualify for "special" status—triggering perks like five-year personal tax exemptions for foreign experts.

Vietnam explicitly states its goal to become “an essential link in the global semiconductor supply chain.”

This landmark legislation is more than crypto regulation—it's a full-scale blueprint for transforming Vietnam into a leading digital economy in Asia.

@ Newshounds News™
Source: Decrypt

~~~~~~~~~

BRICS Just Launched a New Energy Alliance Backed by Petro-Yuan Deals

The BRICS energy alliance has officially launched a coordinated system of petro-yuan oil contracts, directly challenging the U.S. dollar’s dominance in global energy markets. With an expanded bloc now controlling 46 million barrels per day of oil production, BRICS is rapidly implementing currency shift mechanisms—including yuan-denominated contractsrupee-ruble swaps, and local currency financing—marking the most significant threat to U.S. financial hegemony since Bretton Woods.

How BRICS Plus Is Reshaping Global Energy Markets and Challenging Dollar Hegemony

Energy Production Powerhouse Emerges

▪️ The expanded BRICS energy alliance includes Saudi Arabia, Russia, Iran, UAE, and Brazil, jointly producing nearly a quarter of global oil—totaling 46 million barrels per day.

▪️ Gas reserves are even more concentrated, with Russia, Iran, Qatar, Algeria, and UAE now holding two-thirds of global reserves.

▪️ Petro-yuan transactions are rising sharply. In one year, 60% of yuan-denominated crude oil trades took place on the Shanghai Stock Exchange, bypassing the U.S. dollar entirely.

▪️ Strategic energy infrastructure projects like the Power of Siberia 2 pipeline—linking China, Kazakhstan, and Russia—are set to be operational by late 2025, further boosting BRICS' influence.

Payment Revolution Underway

▪️ Energy payments are shifting away from SWIFT and dollar dominance:

  • Russia and India now settle in rupee-ruble swaps.

  • China and Saudi Arabia process billions through yuan-riyal channels.

  • The Riyadh Royal Court has reportedly reviewed the dollar-denominated oil contract system.

▪️ By early 2025, yuan-based oil trades represented 24% of daily Brent crude volume—a significant erosion of dollar exclusivity.

▪️ These developments form a parallel financial infrastructure, operating independently of Western-controlled systems.

Development Bank Financing Shift

▪️ The New Development Bank (NDB), a BRICS financial arm, is aiming for 30% of all lending in local currencies by 2026, up from 22% today.

▪️ The bank maintains a $5 billion annual lending target while reducing its dependence on the U.S. dollar.

▪️ Major projects now financed in local currencies include:

  • Nairobi-SGR railway renovation (Kenya)

  • Johor Baru port expansion (Malaysia)

▪️ Petro-yuan oil contracts are thus not confined to commodities—they underpin broad development financing as well.

Challenges and Future Implications

▪️ The BRICS bloc still grapples with internal tensions, such as the India-China border dispute and Iran-Saudi regional rivalry.

▪️ A unified BRICS currency remains elusive, requiring full consensus, and members have divergent views on implementation.

▪️ The U.S. dollar still dominates, accounting for 59% of global reserves compared to just 2.48% for the yuan. But that gap is being challenged in practical terms.

▪️ Analysts describe this moment as the “first defeat of the invincible army”—not a full collapse of dollar dominance, but a fundamental shift to multi-currency energy systems.

A New Global Financial Map in the Making

BRICS' energy initiatives effectively transform the dollar from a compulsory tool to an optional one. While the U.S. retains unmatched military spending—$750 billion annually—its monetary control in global trade is no longer absolute.

Through the petro-yuan contractslocal-currency development loans, and alternative payment systems, the BRICS energy alliance offers a functional route for Global South nations to escape Western financial dependency.

This marks the most substantial de-dollarization movement in decades, with real-world energy trade flows and infrastructure spending steadily redesigning the global economic landscape—outside traditional, Western-led frameworks.

@ Newshounds News™
Source: 
Watcher.Guru

~~~~~~~~~

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Monday Morning 6-16-2025

TNT:

Tishwash:  Parliamentary Finance: The government is determined to prepare the financial budget schedules.

The Parliamentary Finance Committee confirmed on Thursday that the government is working on preparing budget schedules that are in line with the country's financial reality.

Committee member Atwan Al-Atwani said in a statement followed by Lakma News that "the committee discussed with the Prime Minister the preparation of the budget, and stressed the need for it to arrive before the end of the year to give legal status to government spending, both operational and investment."

TNT:

Tishwash:  Parliamentary Finance: The government is determined to prepare the financial budget schedules.

The Parliamentary Finance Committee confirmed on Thursday that the government is working on preparing budget schedules that are in line with the country's financial reality.

Committee member Atwan Al-Atwani said in a statement followed by Lakma News that "the committee discussed with the Prime Minister the preparation of the budget, and stressed the need for it to arrive before the end of the year to give legal status to government spending, both operational and investment."

He added, "The government is determined to prepare budget schedules in line with the current financial reality, given the increase in operating spending and the need for investment spending to finance projects. We look forward to the budget being presented to the House of Representatives in the coming days."

Al-Atwani pointed out that "the government is keen to secure salaries despite the annual financial deficit," noting that "the government is taking serious steps to provide alternatives to financing the budget other than oil to ensure additional resources."  link

Tishwash:  660 people arrested for manipulating food prices and dollar exchange rates.

 The Ministry of Interior announced on Sunday the arrest of 660 individuals for manipulating food prices and dollar exchange rates.

The head of the Ministry of Interior's Public Relations and Media Department, Brigadier General Muqdad Miri, said in a statement received by Al-Mada: "The Ministry of Interior has launched a major campaign to track down those manipulating food prices and those promoting a rise in the dollar exchange rate against the Iraqi dinar in an attempt to exploit the circumstances the region is experiencing."

He pointed out that "the Anti-Organized Crime Squads were able to arrest 660 people accused of price manipulation."  link

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

Tishwash:  International Chamber of Commerce: Investment companies' activity expands amidst the security situation in Iraq.

The International Chamber of Commerce confirmed on Sunday that investment companies' activity is expanding amidst the security situation in Iraq, while stating that large foreign companies' investments require Iraqi operating companies and staff.

"Iraq is a fertile country for investment, especially with the recent remarkable and successful steps taken by the government to overcome many administrative and legal issues to advance the private sector," Mohsen Al-Hamidawi, head of the International Chamber of Commerce in Iraq, told the Iraqi News Agency (INA).

He added, "The arbitration process between companies will help many companies invest in Iraq because their rights are now guaranteed from a legal and administrative standpoint, and the International Chamber of Commerce will continuously monitor all contracts concluded with companies."

He pointed out that "Iraq lost a lot years ago due to the lack of arbitration. Any problem that arose between companies and the Iraqi government would be referred to Abu Dhabi or France. Now, arbitration is available through the International Chamber of Commerce in Iraq. We have important conditions to protect these companies from procrastination and to secure their rights. Companies are now safer at work and more active in light of the security that Iraq enjoys."

He explained, "During the past two years of the government's tenure, more than 150 companies have signed contracts for oil, gas, and other projects, particularly the Development Road Project. More than a year ago, we officially announced to all companies worldwide, through the International Chamber of Commerce in Paris, the launch of the International Chamber of Commerce in Iraq. This has encouraged companies to enter and invest."

He explained that "large foreign companies that undertake major projects will inevitably need Iraqi companies and to employ Iraqi workers. This will encourage more small and large Iraqi companies to invest with foreign companies and take on what are called 'subcontractors' or major contracts. Iraqi companies, whether large or small, are not deficient and will deal with this event well  link

Mot:  .. Thank Goodness for Sam and Woody

Mot:  Bear Warning

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Ariel : Iraqi Dinar Update, Major Movement on the Border

Ariel : Iraqi Dinar Update, Major Movement on the Border

Major Movement On The Border: 3 Things To Note

Iraqi Dinar Update

• Border conflicts and proxy wars, often fueled by Iranian influence, have historically destabilized Iraq’s economy. The liberation diminishes Iranian leverage, which has been a barrier to Iraq’s sovereignty over its economic policies, including currency management.

Ariel : Iraqi Dinar Update, Major Movement on the Border

Major Movement On The Border: 3 Things To Note

Iraqi Dinar Update

• Border conflicts and proxy wars, often fueled by Iranian influence, have historically destabilized Iraq’s economy. The liberation diminishes Iranian leverage, which has been a barrier to Iraq’s sovereignty over its economic policies, including currency management.

• International investors are wary of countries with ongoing conflicts. The stabilization of the Ahwaz region signals to global markets that Iraq is moving toward a more secure environment, potentially attracting foreign direct investment (FDI) essential for economic growth and currency strengthening.

• Internally, the liberation reduces sectarian tensions within Iraq, particularly among Sunni populations who may feel marginalized. A more unified domestic front supports coherent economic policy-making, a prerequisite for currency reform.

Why this is huge for Dinar Investors?

The CBI has been working on stabilizing the dinar against the U.S. dollar, which has fluctuated due to economic instability. With Ahwaz’s liberation, the CBI can focus on implementing policies like reducing money supply growth and controlling inflation, both of which are necessary for revaluation.

The stability allows Iraq to allocate more resources to building foreign exchange reserves. As of early 2025, Iraq’s reserves were reported at approximately $100 billion, but experts suggest a reserve of at least $150 billion is needed for a credible revaluation.

The additional oil revenue from a stable Ahwaz region can help reach this threshold. Joining the Forex market requires adherence to international financial standards, such as those set by the International Monetary Fund (IMF).

 The geopolitical calm post-liberation enables Iraq to focus on IMF-mandated reforms, including improving transparency in fiscal operations and reducing corruption, which have historically undermined currency credibility.

The dinar must become fully convertible, meaning it can be freely exchanged for other currencies without restrictions. The stability from Ahwaz reduces the risk of capital flight, a common barrier to convertibility.

The Forex market requires a currency to have sufficient liquidity, which depends on trade volume and investor interest. A stable Iraq, with increased oil exports and FDI, can enhance dinar liquidity by attracting more international transactions.

The Green Light

The convergence of the “Big Beautiful Bill,” the GENIUS Act, and the settlement of the Ripple case with the SEC, alongside the pairing of XRP with the Iraqi dinar (IQD), creates a compelling scenario for Iraq’s currency revaluation and entry into the Forex market in the near future.

The “Big Beautiful Bill,” being a comprehensive legislative package aimed at economic reform, will provide the legal and financial framework necessary for Iraq to overhaul its monetary policies, including reducing corruption, enhancing transparency, and aligning with international standards as recommended by the IMF.

The GENIUS Act, presumably focusing on technological and financial innovation, would further support Iraq’s digital infrastructure, crucial for modernizing its banking sector and facilitating electronic currency trading, a prerequisite for Forex integration.

The settlement of the Ripple case with the SEC, announced on May 8, 2025, resolves a significant regulatory hurdle for XRP, a cryptocurrency paired with the IQD, potentially stabilizing its value and enhancing its usability in international transactions.

With XRP’s pairing, Iraq could leverage blockchain technology to improve dinar convertibility and liquidity, essential for Forex market entry.

Given the timeline next week’s anticipated passage of these bills the stage is set for Iraq to make its move, possibly triggering a revaluation shortly after, as the combination of legislative support, technological advancement, and cryptocurrency stability aligns with the geopolitical and economic stability gained from events like the liberation of Arab Ahwaz.

This convergence, while not guaranteed, positions Iraq closer than ever to achieving a revalued dinar, backed by a robust legal, technological, and financial foundation.

Source(s):  https://x.com/Prolotario1/status/1934007342619644254

https://dinarchronicles.com/2025/06/15/ariel-prolotario1-iraqi-dinar-update-major-movement-on-the-border/

 

 

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News, Rumors and Opinions Sunday PM 6-15-2025

KTFA:

Clare:  Iraq maintains its global ranking in natural resources

6/15/2025

Iraq ranked ninth globally among the best natural resources, according to Visual Capitalist, a company that focuses on topics including markets, technology, and energy.

In a report seen by Shafaq News Agency, the company stated that natural resources form the backbone of modern manufacturing and are essential to the production of everything around us.

KTFA:

Clare:  Iraq maintains its global ranking in natural resources

6/15/2025

Iraq ranked ninth globally among the best natural resources, according to Visual Capitalist, a company that focuses on topics including markets, technology, and energy.

In a report seen by Shafaq News Agency, the company stated that natural resources form the backbone of modern manufacturing and are essential to the production of everything around us.

She added that 10 countries, including Iraq, dominate the global natural resources landscape, each holding vast reserves important for various industries.

The report indicated that Iraq ranked ninth among the world's countries in terms of the availability of natural resources, estimated at $16 trillion, which include oil and phosphate rocks.

Globally, according to the company, Russia leads the world in natural resources, with an estimated value of $75 trillion, including coal, natural gas, oil, gold, timber, and rare earth minerals. The United States is second, with a value of $45 trillion, including coal, timber, natural gas, gold, and copper.

She continued, "Saudi Arabia came in third with a value of $34 trillion, which includes oil and timber, followed by Canada in fourth place with a value of $33 trillion, which includes oil, uranium, timber, natural gas, and phosphates, followed by Iran in fifth place with a value of $27 trillion, which includes oil and natural gas."

The company noted in its report that China came in sixth place with a value of $23 trillion, which includes coal, rare earth minerals, and timber. Brazil came in seventh place with a value of $22 trillion, which includes gold, uranium, iron, timber, and oil.

She continued, "Australia came in eighth place with a value of $20 trillion, which includes coal, timber, copper, iron ore, gold, and uranium. Iraq came in ninth place, and Venezuela came in tenth place with a value of $14 trillion, which includes iron, natural gas, and oil."

Iraq was ranked among the top ten countries with the most valuable natural resource reserves, in terms of the total estimated value over the past four years.

According to a 2024 Statista report, natural resources are the raw inputs used to make everything we use, from intermediate goods to final products. These resources are found in the ground among reserves that have not yet been extracted.

According to Statista estimates, Russia ranked first, with its natural resource reserves estimated at $75 trillion. This amount includes coal, oil, natural gas, gold, timber, and rare earth minerals.

The United States came in second, with an estimated value of $45 trillion in natural resources, nearly 90% of which is timber and coal.

Iraq ranked ninth, boasting $15.9 trillion in natural resources. Its desert terrain contains oil, natural gas, phosphates, and sulfur, according to the website.

Iraq is OPEC's second-largest producer of crude oil and the world's fifth-largest producer of proven crude oil reserves. Iraq relies on crude oil exports for a significant portion of its revenue.   LINK

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

Clare:  Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers.

 6/15/2025 Baghdad - Nassar Al-Hajj

The Prime Minister's financial advisor, Mazhar Mohammed Salih, identified four factors that make Iraq a regional financial center on Sunday, stressing that Iraq possesses foreign reserves exceeding $100 billion.

“There are four elements of strength that make Iraq a regional financial center, the first of which is that it is the second largest producer of crude oil in the Middle East, and it has the fourth largest oil reserves in the world, through which it competes to take precedence in the global energy market, through more production and achieving financial flows that make it a financial and economic pillar in the economic geography of the Middle East, by achieving large financial surpluses that can be directed to investment in financial infrastructure,” Saleh told the Iraqi News Agency (INA).

He stated that "Iraq has foreign reserves exceeding $100 billion, which provides it with a significant financial safety margin, confidence in monetary stability, and high financial investment attractiveness."

He added, "The second factor is Iraq's unique geoeconomic location, which is a vital corridor linking the world's north to its south. This represents an open economic space between global markets and their financial and commercial attractions, with links that provide important climates for the concentration of regional financial markets, which will revolve around the strategy of the 'development project' linking Europe and the Gulf."

He continued: "The third factor is the demographic or human factor, and its foundation is the population boom, as the percentage of the population under the age of thirty is close, which makes Iraq one of the young nations. The high percentage of youth (more than 60% under the age of thirty) will provide a flexible human base that can be trained in financial technology, banking innovation, digital technology, and artificial intelligence." He noted that "the government is undertaking the establishment of an important college for artificial intelligence sciences as inputs to the financial labor market and its foundations."

He added, "The fourth factor is modernizing and restructuring governance in government-owned banks, given that they currently control 80% or more of banking activity." He emphasized that "the reform campaign being led by the government today for the aforementioned banks aims to transform Iraq into a global financial center after ridding it of the risks of bureaucracy and inefficiency inherited over many decades."

He pointed out "the importance of electronic payments and the gradual expansion of the use of bank cards, point-of-sale (POS), collection systems, and smart wallets, which have helped achieve significant leaps in digital financial inclusion. This is coupled with the presence of the Iraq Stock Exchange and the Securities Commission, which operate in a robust, integrated, and promising manner as an infrastructure to establish Iraq as a regional hub for consolidating the country's institutional financial stability."

He explained that "the legal, executive, and regulatory infrastructure requirements are the key lever for enabling this transformation. These include, for example, linking banks to effective electronic payment platforms and supporting the development of the current National Data Center to serve as the sovereign digital financial infrastructure that supports Iraq's efforts to transform into a regional financial center."

He pointed out that "Iraq's transformation into a regional financial center will be achieved through the collection and integration of financial, banking, and economic data, supporting smart monetary and financial policies, enabling financial technology and smart data analysis, enhancing transparency and governance of financial institutions, stimulating the non-banking finance sector, such as microfinance companies, reforming the insurance sector, and licensing financial technology ( Fintech ) companies."

He pointed out that "the current political, legal, and institutional stability that our country enjoys today, in a prosperous and solid manner, is the true basis for financial strength. There is no financial center without a stable and secure political and legal environment."

Saleh emphasized the importance of building regional and international partnerships, such as studying the importance of joining regional payment systems and financial structures of international groups such as the G20 or BRICS, or partnerships with strong financial centers in Singapore, Dubai, Hong Kong, and others.   LINK

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

Militia Man  Just because Iraq looks ready, sounds ready, is ready, does the IMF, World Bank, US Treasury, Bank of International Settlements feel they're ready? ...It's about Iraq but it's not all about Iraq...It isn't just Iraq pushing the button.  It's going to have to be something to the effect of that inter-connectivity I've been talking about.  They need to be allowed to be able to do that...Bottom line is what we see with all the things collectively to this date shows Iraq is ready...A lot of pressure on everybody to make sure they get it right.

Bruce   [via WiserNow]  ...the indicator is that things regarding the RV are moving forward for us...the most recent information for us is saying that we will get notified, quite possibly Monday and begin exchanges on Tuesday... I believe that could very well be the case...we know that redemption center personnel are going in Monday...exchanging Lord willing on Tuesday... that's what it's pointing to, because this is coming up to where this needs to go.

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

What's Behind The Gold (+ Silver + Platinum) Bull? | Michael Pento

Liberty and Finance:  6-15-2025

The labor market is cracking, says portfolio manager Michael Pento . While there is superficial optimism based on tariff deals, the foundations of the economy are cratering. And partly due to high energy costs, there is likely no relief coming for high prices.

"The level of inflation has destroyed the middle class," he argues. While central banks have been accumulating hard assets like gold, the movements in Bitcoin show that the common man is moving into precious metals.

 "People are dying for another alternative to the U.S. dollar," he says. He is bullish on gold, platinum, and potentially silver as demand for hard assets outside the manipulated financial system increases.

INTERVIEW TIMELINE:

 0:00 Intro

1:40 Macro outlook

14:25 Gold, silver & platinum

25:08 Central banks buying gold

 26:15 Market crash

 29:10 Pento's relocation

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

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Iraq Economic News And Points To Ponder Sunday Afternoon 6-15-25

Currency Market: Dollar Exchange Rates Drop In Local Markets Today

Buratha News Agency1942025-06-15   The dollar exchange rate fell on the Al-Kifah and Al-Harithiya stock exchanges, recording 14.4400 Iraqi dinars for every $100. On Saturday morning, it reached 145,000 dinars for every $100. Selling prices in the local exchange markets in Baghdad declined, with the selling price reaching 145,500 Iraqi dinars for every $100, and the buying price reaching 143,500 dinars for every $100. 

Currency Market: Dollar Exchange Rates Drop In Local Markets Today

Buratha News Agency1942025-06-15   The dollar exchange rate fell on the Al-Kifah and Al-Harithiya stock exchanges, recording 14.4400 Iraqi dinars for every $100. On Saturday morning, it reached 145,000 dinars for every $100. Selling prices in the local exchange markets in Baghdad declined, with the selling price reaching 145,500 Iraqi dinars for every $100, and the buying price reaching 143,500 dinars for every $100.   https://burathanews.com/arabic/economic/461443

The US reduced its oil imports from Iraq last week.
Sunday, June 15, 2025 | Economic Number of reads: 326   Baghdad / NINA / The US Energy Information Administration announced on Sunday that the United States reduced its oil imports from Iraq during the past week, while it did not import any quantities from Saudi Arabia and Libya.

The administration stated in a table that "the average US imports of crude oil during the past week from 8 major countries amounted to 5.456 million barrels per day, a decrease of 35 thousand barrels per day compared to the previous week, which amounted to 5.491 million barrels per day."

It added that "the average of Iraq's oil exports to America amounted to 84 thousand barrels per day, a decrease of 130 thousand barrels per day compared to the previous week, which amounted to 214 thousand barrels per day."

The administration indicated that "the largest oil revenues to America during the past week came from Canada, followed by Mexico, Brazil, Ecuador, and then Nigeria."

According to the table, "the amount of US imports of crude oil continued from Venezuela and Colombia, while it did not import any quantities from Saudi Arabia or Libya." / End https://ninanews.com/Website/News/Details?key=1234518

Iraq Is Among The Top 10 Countries In The World In Terms Of Natural Resources.

Money and Business   Economy News – Baghdad   Iraq ranked ninth globally among the best natural resources, according to Visual Capitalist, a company that focuses on topics including markets, technology, and energy.

In a report seen by Shafaq News Agency, the company stated that natural resources form the backbone of modern manufacturing and are essential to the production of everything around us.

She added that 10 countries, including Iraq, dominate the global natural resources landscape, each holding vast reserves important for various industries.

The report indicated that Iraq ranked ninth among the world's countries in terms of the availability of natural resources, estimated at $16 trillion, which include oil and phosphate rocks.

Globally, according to the company, Russia leads the world in natural resources, with an estimated value of $75 trillion, including coal, natural gas, oil, gold, timber, and rare earth minerals. The United States is second, with a value of $45 trillion, including coal, timber, natural gas, gold, and copper.

She continued, "Saudi Arabia came in third with a value of $34 trillion, which includes oil and timber, followed by Canada in fourth place with a value of $33 trillion, which includes oil, uranium, timber, natural gas, and phosphates, followed by Iran in fifth place with a value of $27 trillion, which includes oil and natural gas."

The company noted in its report that China came in sixth place with a value of $23 trillion, which includes coal, rare earth minerals, and timber. Brazil came in seventh place with a value of $22 trillion, which includes gold, uranium, iron, timber, and oil.

She continued, "Australia came in eighth place with a value of $20 trillion, which includes coal, timber, copper, iron ore, gold, and uranium. Iraq came in ninth place, and Venezuela came in tenth place with a value of $14 trillion, which includes iron, natural gas, and oil."

Iraq was ranked among the top ten countries with the most valuable natural resource reserves, in terms of the total estimated value over the past four years.

According to a 2024 Statista report, natural resources are the raw inputs used to make everything we use, from intermediate goods to final products. These resources are found in the ground among reserves that have not yet been extracted.

According to Statista estimates, Russia ranked first, with its natural resource reserves estimated at $75 trillion. This amount includes coal, oil, natural gas, gold, timber, and rare earth minerals.

The United States came in second, with an estimated value of $45 trillion in natural resources, nearly 90% of which is timber and coal.

Iraq ranked ninth, boasting $15.9 trillion in natural resources. Its desert terrain contains oil, natural gas, phosphates, and sulfur, according to the website.

Iraq is OPEC's second-largest producer of crude oil and the world's fifth-largest producer of proven crude oil reserves. Iraq relies on crude oil exports for a significant portion of its revenue. https://economy-news.net/content.php?id=56300

Gold Prices Rise In Iraq

Economy | 01:58 - 06/15/2025  Mawazine News - Baghdad -  Gold prices witnessed a rise in local markets on Sunday.  The price of a 21-karat gold mithqal reached 695,000 dinars, while the price of an 18-karat gold mithqal reached 595,000 dinars, the price of a 22-karat gold mithqal reached 728,000 dinars, and finally the price of a 24-karat gold mithqal reached 795,000 dinars.
https://www.mawazin.net/Details.aspx?jimare=262609

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

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7 Things You Should Never Pay For With Cash

7 Things You Should Never Pay For With Cash

Jennifer Taylor 

Some people charge everything to a credit card to rack up rewards points, but that isn’t your style. When possible, you prefer to pay with cash. Maybe you’ve ditched the plastic as a way to curb overspending, avoid credit card fraud or simply because you prefer to shop off the grid. However, despite the many good reasons to pay with cash, it isn’t always the best choice.

Not sure what types of purchases warrant leaving the cash in your wallet? Here’s a look at seven common payments that should always be made with a different form other than cash.

7 Things You Should Never Pay For With Cash

Jennifer Taylor 

Some people charge everything to a credit card to rack up rewards points, but that isn’t your style. When possible, you prefer to pay with cash. Maybe you’ve ditched the plastic as a way to curb overspending, avoid credit card fraud or simply because you prefer to shop off the grid. However, despite the many good reasons to pay with cash, it isn’t always the best choice.

Not sure what types of purchases warrant leaving the cash in your wallet? Here’s a look at seven common payments that should always be made with a different form other than cash.

Rent

Writing a check can be a hassle, so if you don’t have the option to pay your rent online, you might opt for cash. However, William Capece, CFP, director of business development at the JS Benefits Group, said doing so is unwise, because it leaves you without a paper trail.

“Too often we hear stories of landlords who evict tenants over unpaid rent, while the tenant swears to have paid,” he said. “Cash leaves no paper trail and thus no proof.” On the flip side, he said landlords should also never accept cash payments for the same reason. “This should be outlined in the renter agreement,” he said.

Car

Since interest rates are at historic lows, Capece advised against buying a car with all cash. “Utilizing a car loan helps in many ways,” he said. “Dealers make more money when customers utilize debt, so they are more likely to give you a better deal.”

Beyond that, he said paying for such a large purchase in cash limits your ability to invest. If you can swing it, he recommended financing your car purchase and using the cash as the down payment on a rental property. “Use an appreciating asset to pay for your lifestyle,” he said.

Home Maintenance and Updates

If you own your home, you likely spend at least some money on upkeep each year. Capece said it’s important to have a paper trail for these expenses, so you don’t forget about them when it’s time to do your taxes. “Those expenses could be added to the cost basis of the home or as a write-off against income,” he said.

He recommended consulting with a tax professional for specifics on your unique situation.

Utilities and Other Recurring Bills

TO READ MORE: https://news.yahoo.com/7-things-never-pay-cash-120012133.html

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News, Rumors and Opinions Sunday 6-15-2025

Gold Telegraph: Gold is Definitely a Part of our Future

June 15, 2025

BREAKING NEWS: IRANIAN LAWMAKER SAYS CLOSURE OF KEY STRAIT OF HORMUZ UNDER CONSIDERATION

Wow.

The Strait of Hormuz moves 26% of the world’s oil. With everything going on today… Anyone watching energy markets should keep a close eye on this chokepoint.

“Iran is considering blocking the Hormuz Strait in the Persian Gulf, which sees more than 17 million barrels of oil pass through it every day…”

Gold Telegraph: Gold is Definitely a Part of our Future

June 15, 2025

BREAKING NEWS: IRANIAN LAWMAKER SAYS CLOSURE OF KEY STRAIT OF HORMUZ UNDER CONSIDERATION

Wow.

The Strait of Hormuz moves 26% of the world’s oil. With everything going on today… Anyone watching energy markets should keep a close eye on this chokepoint.

“Iran is considering blocking the Hormuz Strait in the Persian Gulf, which sees more than 17 million barrels of oil pass through it every day…”

Source: https://www.aa.com.tr/en/middle-east/iran-mulls-blocking-strait-of-hormuz-after-israeli-attacks-says-lawmaker/3598363

I have spent over a decade calling out economists because they rewrite the rules every time reality taps them on the shoulder. When problems bubble to the surface. They fade away into the dark.

The leader of the central bank in Greece said last week: “Nobody is happy about what’s going on in economic policy and trade policy in the US, but if it continues, I’m afraid the dollar will lose some of its status.” It is a new world…

When trust evaporates, gold reappears:

President Nixon “temporarily” suspended the gold standard in 1971 because the U.S. couldn’t cover foreign dollar claims. Today, The U.S. holds just over $800 billion in gold, which has NOT been audited, but owes over $7 trillion to foreign creditors. Just think about this for a second.

Sometimes, I think about the term ‘gold bug’ and how people mocked anyone serious about gold as crazy. Now, it’s the world’s second-largest reserve asset and a key piece on the geopolitical chessboard.

Today, with everything unfolding, it’s almost reckless not to pay attention to gold. The lesson… The things power mocks are usually the ones that threaten it most.

I have posted this before, but it’s worth highlighting again.

This is a gold ATM in China. It melts the gold and transfers the amount corresponding to its weight to your bank account. The future is calling.

https://twitter.com/i/status/1933995656118779984

“It’s either print money or don’t. It’s either rates down to zero or not. That’s how desperate we are now. I see bazooka money before I see a reset. I see massive fiscal spending, etc. Gold is definitely a part of the future.” — Matthew Piepenburg

Much has changed since my conversation with Matt. Gold is back near record highs as debt warnings grow louder and geopolitical crises spin further out of control.

https://twitter.com/i/status/1934032141689762263

https://dinarchronicles.com/2025/06/15/gold-telegraph-gold-is-definitely-a-part-of-our-future/

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

Frank26   Notice even in the midst of all this military action with Iran next to you [Iraq], Saleh who is in charge of the Iraqi finances comes out first thing this morning and tells you,  'We are secure and stable. What was it that we needed in order for you to have a new exchange rate with lower note currency ...Security and stability...

Mnt Goat   I try to bring you the progress of the monetary reforms, mostly following the plan to get back to FOREX...This is a huge effort for Iraq as it is right in the middle of a very volatile area of the world right now...Unfortunately, Iraq is a centuries old, major trading partner with Iran. So, I hope now you can see the uphill challenge facing Iraq when the U.S. wants to sanction Iran. It is hard to do. This RV plan we watch is the Dr Shabibi’s plan from 2011. I am told the plan is still in effect and moving ahead...This to me was “WOW!” news.

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

US Economic Crash: $9 Trillion in Bond Maturities Trigger MASSIVE Defaults By September| L. McDonald

Lena Petrova:  6-14-2025

https://www.youtube.com/watch?v=cFtCC-GGRhU

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Iraq to Become a Massive Success- Iraqi Dinar Banking Reform- Verifiable News

Iraq to Become a Massive Success- Iraqi Dinar Banking Reform- Verifiable News

Edu Matrix:  6-15-2025

Discover how enhanced stability is generating excitement among international investors and paving the way for new opportunities across various sectors!

We’ll explore Iraq's broader economic reforms under Prime Minister al-Sudani, highlighting initiatives such as the Iraq Development Road and the Grand Faw Port, which are poised to position the nation as a regional trade hub.

 Iraq is on the brink of a financial revolution with a major overhaul of its banking sector!

Iraq to Become a Massive Success- Iraqi Dinar Banking Reform- Verifiable News

Edu Matrix:  6-15-2025

Discover how enhanced stability is generating excitement among international investors and paving the way for new opportunities across various sectors!

We’ll explore Iraq's broader economic reforms under Prime Minister al-Sudani, highlighting initiatives such as the Iraq Development Road and the Grand Faw Port, which are poised to position the nation as a regional trade hub.

 Iraq is on the brink of a financial revolution with a major overhaul of its banking sector!

 This transformative initiative aims to modernize financial institutions, attract foreign investments, and reestablish global ties.

https://www.youtube.com/watch?v=qS-clGdv2ZY

 

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