The Final Act of a Long Game: 589bull:
The Final Act of a Long Game: 589bull:
6-17-2025
Everyone thinks Trump’s “evacuate Tehran” warning means he wants war.
But what if it’s the opposite?
What if this is the final act of a long game to dismantle the petrodollar empire without firing a shot?
Think about it.
The Final Act of a Long Game: 589bull:
6-17-2025
Everyone thinks Trump’s “evacuate Tehran” warning means he wants war.
But what if it’s the opposite?
What if this is the final act of a long game to dismantle the petrodollar empire without firing a shot?
Think about it.
Trump knows the Middle East conflict is rooted in a dying system:
endless wars to protect dollar dominance
oil trade locked in USD
proxy chaos to keep asset rich nations under control
But that system is crumbling. Iraq’s getting ready. So is BRICS. Gold backed trade is coming. The dollar’s grip is slipping.
So what does Trump do?
He lets the old guard overplay their hand. He applies just enough pressure to bring the whole thing to a boil not to launch the war… but to expose the scam.
And when it all breaks?
A new system emerges.
Asset backed. Digitally settled. Multipolar. Transparent.
Not built on bombs built on real value.
That’s how you kill the war machine. Not with protests. Not with speeches. With precision chaos followed by a controlled reset.
Watch closely. The world’s about to change and most people are too distracted by smoke to see who’s setting the fire.
Source(s): https://x.com/589bull10000/status/1934767660367052891
https://dinarchronicles.com/2025/06/17/589bull-the-final-act-of-a-long-game/
News, Rumors and Opinions Tuesday 6-17-2025
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 Tues. 17 June 2025
Compiled Tues. 17 June 2025 12:01 am EST by Judy Byington
Mon. 16 June 2025: THE CHAOS ON THE SURFACE MASKS THE GRID REWRITE BENEATH …Mr. Pool on Telegram
Gulf markets tumbled early today—Qatar down 2.9%, Kuwait off 4.3%, Saudi nearly 3.6% —spurred by the latest Iran‑Israel escalation.
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 Tues. 17 June 2025
Compiled Tues. 17 June 2025 12:01 am EST by Judy Byington
Mon. 16 June 2025: THE CHAOS ON THE SURFACE MASKS THE GRID REWRITE BENEATH …Mr. Pool on Telegram
Gulf markets tumbled early today—Qatar down 2.9%, Kuwait off 4.3%, Saudi nearly 3.6% —spurred by the latest Iran‑Israel escalation.
Headlines blame missiles. Mr Pool intel says: It’s a shutdown test of legacy liquidity rails tied to Gulf reserves being rerouted into QFS asset mapping nodes.
Israel and Iran traded deadly strikes for a third day—first daylight sirens over Tel Aviv, oil depots hit in Tehran.
But here’s what they’re not telling you: – Gulf central banks quietly unplugged SWIFT gateways in parallel with sirens sounding—remapping digital reserves into quantum-secured vaults. – Satellite-fed QFS nodes in Dubai, Doha, Manama are handling the flow—overnight, billions were rerouted without triggering public alerts. – Rustling in Riyadh’s asset chambers—Gold-backed Rainbow Tokens linked to Gulf reserves silently activated today; not announced, but logged in QFS ledgers.
This isn’t conflict—it’s operational reset under fire.
Missiles provide cover. Markets react in panic. And the QFS increments its command over global reserves—one silent transaction at a time.
Everyone panics over oil prices. We track leaks in the legacy system. They call it war. We call it recalibration.
Today proves a truth: They can launch missiles. They can crash markets. But they cannot stop the Quantum Grid from extracting and securing the real value.
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Global Financial Crisis:
Mon. 2 June 2025 The New Global Quantum Financial System … (JFK Jr.) on Telegram
The signing of a historic treaty by 209 nations marks the beginning of the greatest financial transition in modern history. The world is about to witness the birth of a new, fair, and gold-backed financial system under GESARA.
For decades, global currencies were manipulated to serve the few. Countries were trapped in cycles of debt, with their wealth extracted through central banks and fiat deception. That ends now.
The treaty also unlocks a Prosperity Fund to finance humanitarian projects worldwide—schools, hospitals, clean water, housing, and restoration.
A Wealth Redistribution Program will ensure that every individual on Earth receives a share. Not just countries, but people. Every QFS account is linked to the individual owner’s biometric ID. Every transaction is instant, uncorrupted, and untraceable by outside forces.
The Stellar Network opens access to secure digital wallets, even in the most remote corners of the world. Individuals no longer need permission from corrupted systems to participate in the global economy.
QFS debit cards, secured by biometric verification and quantum encryption, are replacing them permanently. No more fraud. No more hidden fees. No more theft disguised as bank
Military units are now overseeing the logistics, security, and data coordination of the RV rollout. Secure transport of physical currency, protection of financial institutions, and quantum-level fraud prevention systems are already in motion.
The banks were engines of global exploitation. Deutsche Bank, HSBC, JP Morgan—names that laundered trillions for the cabal—are being neutralized. The days of VISA, Mastercard, PayPal, and Stripe exploiting humanity are ending. Everything you knew about money, credit, and ownership is being rewritten from the ground up.
The treaty signed unlocks the revaluation of currencies: some down, but some up like the Iraqi Dinar, Vietnamese Dong, and Zimbabwe ZIM.
~~~~~~~~~~~~~
Mon. 16 June 2025: The Collapse of the Legacy Banking System
Since June 1, over 2,100 banks worldwide have been quietly delisted, absorbed, or shuttered due to non-compliance with Basel IV and QFS integration standards. These aren’t random closures — they are part of a synchronized takedown of the fiat infrastructure.
Every financial institution that failed to back its deposits with verifiable hard assets is being purged.
Germany, the Deutsche Bank restructuring is a smokescreen for a full QFS audit
U.S., regional banks are being “merged” into Treasury-controlled holding zones, preparing for Rainbow Currency wallet release.
Read full post here: https://dinarchronicles.com/2025/06/17/restored-republic-via-a-gcr-update-as-of-june-17-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 There's no reason for them to have 17 trillion reserves for their currency and have a value of 1310. That statement which is so illogical is what allows me to close my eyes and sleep at night. I smile because what I can see is not an optical illusion. It is a reality that's happening right before our eyes.
Militia Man Getting rid of the parallel market sets them up for having the ability to accept Article VIII compliance... They're not going to have a multi currency practice...If that's the case, getting those pricing down to where that is so insignificant [difference between official and parallel rates] it'll eventually be crushed. There's a lot of people out there that have agendas from other countries that don't want that to go [away] because it's got corruption components to it (illicit trade). We all know that.
Gold Has Entered 3rd & FINAL Phase: Why $10,000 oz Could Be Coming
Mike Maloney: 6-16-2025
Join Mike Maloney, best-selling author and seasoned gold investor, as he unveils the third and final stage of gold’s monumental bull market.
In this eye-opening presentation, Mike draws compelling parallels between today’s gold surge and the infamous 1970s gold rush — when prices soared 25x in just months.
Discover why gold and silver are “Giffen goods” — assets that gain demand as prices rise — and how global fear, greed, and economic instability could ignite the Great Gold & Silver Rush of the 21st Century.
Backed by 20+ years of research, historic data, and insider insights, this video reveals:
Why institutional and media attention signals a coming stampede
How modern markets are primed for a price explosion
Why gold could surpass $3,000... $5,000... even $10,000 per ounce
If you think gold’s best days are behind it, think again.
Tuesday Coffee with MarkZ. 06/17/2025
PDK Note: I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast. If a podcast is mostly political…I will not do notes at all. Thank you
Tuesday Coffee with MarkZ. 06/17/2025
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 and everyone!
Member: Hello Mark..bring us the good stuff, no weak sauce on Taco Tuesday!
PDK Note: I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast. If a podcast is mostly political…I will not do notes at all. Thank you
Tuesday Coffee with MarkZ. 06/17/2025
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 and everyone!
Member: Hello Mark..bring us the good stuff, no weak sauce on Taco Tuesday!
Member: Why does it seem no matter how near we are to the RV, the ones in power find a way to hold it up . Almost like it won't happen
MZ: The news is odd as to what is quiet and what is not.
Member: I got notification from my bank this morning regarding ISO 20022 - changes to "International Wire Transfers Formatting". The new "manual" appears to reference a blockchain format.
MZ: We are watching that. The banks do not call it the QFS…that’s just a term we call it. But yes it’s the system we are waiting for.
Member: I believe deadline is supposed to be July 1?
Member: Bond or banking News?
MZ: There is no bond news this morning. The folks that had been expecting final contracts last weekend did not get them. They are being told they are waiting for the end of the Iran/Israeli conflict.
MZ: But, at the same time we are seeing more banks are getting prepped and more training going on….I do not think they would be doing that if we were not close. A couple credit unions and regional banks are now training on foreign currencies. .
Member: Why is it taking so long to get the bondholders paid? That's what I don't understand there was all the hype, they were all getting paid and now, nothing
Member: Its possible some have been paid and are under NDA’s? sure hope so.
Member: After waiting for more than two months for the bond people to get their money, I wonder if they knew this Isreali/iran conflict was going to happen?
MZ: Iraq is in a weird place. Both Iran and Isreal are using their air space….they are right in the middle. They are trying to stay as neutral and peaceful as they can.
Member: MarkZ did you see the Bank info on Securities Investor Protection Corporation (SIPC). Insures Over 500K in the bank.
Member: that was mentioned on Frank26 call last night…..He had 2 VERY interesting bank stories on his YT vid last night.
MZ: “ In Iraq: “Bank reforms towards a more efficient bank structure” Part of the white paper reforms to increase the purchasing power of the dinar. We know what their goal is and we are watching the steps. This is the final stages.
MZ: “ After completing the discussions-Industrial Investment law nears legislation” Important for investors and part of the same white paper reforms.
MZ: “Washington: Iraq is one of the best democracies of the region” they are having almost daily meetings to stay on the same page with no misunderstandings.
Member: any new news of budget tables? Wasn't Iraqi parliament working on finalizing them last week?
Member: Many gurus are stating there is not redemption centers and no 800 numbers
MZ: I have mentioned it before. Its all about definitions. What we call a “redemption center” is a bank. A redeeming bank that has their staff trained for this exchange. We are not saying we will go to some pop up location in a shady dark corner. A redemption center is a bank locations where they are going to redeem and exchange our currencies.
MZ: Have you ever called an 800 number to your bank with a customer service problem?? It’s the same thing. If banks come out with new 800 numbers for our exchanges…..they will. Someone on the other end who actually knows about our exchanges. People need to use common sense.
Membr: They would not want their regular numbers or locations clogged up with us currency holders ….and disrupt their regular customers. Of course we will have dedicated 800 numbers for us. And if they don’t want regular customers to know about our exchanges- they will have seeperate offices for us to go to……Its not complicated.
Member: Thanks mark and mods for what yall do!!! Your awesome
Member: Stay positive and stay safe. Praying for world peace and the RV……
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.
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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
Seeds of Wisdom RV and Economic Updates Tuesday Morning 6-17-25
Good Morning Dinar Recaps,
Ripple v. SEC Stalls Again as Appeal Put on Hold — Here’s What’s Holding It Up
The U.S. Securities and Exchange Commission (SEC) has requested to extend the pause in its high-profile legal battle with Ripple Labs, with the next court update scheduled for August 15.
In a joint filing submitted on June 16, both parties asked the Second Circuit Court of Appeals to maintain the current hold, citing an unresolved district court issue—despite reaching a formal settlement agreement last month.
Good Morning Dinar Recaps,
Ripple v. SEC Stalls Again as Appeal Put on Hold — Here’s What’s Holding It Up
The U.S. Securities and Exchange Commission (SEC) has requested to extend the pause in its high-profile legal battle with Ripple Labs, with the next court update scheduled for August 15.
In a joint filing submitted on June 16, both parties asked the Second Circuit Court of Appeals to maintain the current hold, citing an unresolved district court issue—despite reaching a formal settlement agreement last month.
What Began as a Billion-Dollar Dispute Edges Toward Resolution
▪️ This case, launched in 2020, centers around the SEC’s accusation that Ripple illegally raised $1.3 billion through unregistered XRP sales.
▪️ A partial ruling in 2023 provided clarity: XRP sales to retail investors were not securities, but institutional sales were found to have violated securities laws.
▪️ In May 2024, the two sides reached a settlement in principle, finalized in writing on May 8. Under the agreement:
Ripple will pay $50 million to the SEC.
The remaining $75 million from a previous penalty will be returned to Ripple.
The injunction blocking certain Ripple activities would be dissolved.
Settlement Hits a Wall in District Court
▪️ The agreement cannot move forward without district court approval to revise its earlier judgment.
▪️ Both parties submitted a motion requesting an indicative ruling—a legal signal from the court that it would consider modifying the judgment.
▪️ On May 15, the court denied this motion, citing a failure to meet the standard of “exceptional circumstances.”
▪️ In response, the SEC and Ripple filed a renewed motion on June 12, hoping to meet the court’s threshold. No ruling has been issued yet.
Appeals Paused, Legal Uncertainty Grows
▪️ As the legal process stalls, the SEC has asked the appeals court to continue the pause, promising an update by August 15.
▪️ The delay prolongs regulatory uncertainty as crypto firms, investors, and policymakers await further clarity on the application of U.S. securities law to digital assets.
▪️ With billions in crypto markets still in a legal grey area, this case remains a bellwether for how token sales and crypto company operations may be judged going forward.
A Waiting Game With Major Implications
While a path to resolution appears to be forming, the final outcome hinges on court approval of the settlement terms. For now, both the appeals and the Ripple-SEC agreement remain in limbo—with industry-wide consequences hanging in the balance.
@ Newshounds News™
Source: CryptoNews
~~~~~~~~~
Cardano Founder Confirms Full XRP Package in the Works Around Glacier Airdrop, XRP DeFi, and RLUSD
Charles Hoskinson has confirmed that a comprehensive XRP ecosystem integration is underway within the Cardano network, including support for the Glacier Airdrop, XRP-powered DeFi, and possible RLUSD stablecoin adoption.
The announcement signals a major shift toward cross-chain collaboration and potentially heals long-standing tensions between the Cardano and XRP communities.
Glacier Airdrop and XRP Wallet Support on Lace
▪️ A core piece of this initiative is the Glacier Airdrop, now expected in Q4 2025, which will distribute Midnight tokens—used for Cardano’s privacy-focused sidechain—to retail users across multiple chains, including XRP holders.
▪️ Hoskinson emphasized this effort is built around “cooperative economics,” prioritizing community participation over VC allocations.
▪️ The airdrop will reportedly reach over 37 million wallets, marking one of the largest cross-chain community rewards attempted in the blockchain space.
▪️ Additionally, Cardano’s Lace wallet is preparing to add native XRP support, following its successful Bitcoin integration in Lace v1.22 this past April.
“This is part of our effort to turn Lace into a true multi-chain asset manager, bridging Cardano to wider ecosystems,” Hoskinson said.
XRP DeFi Integration in Cardano’s Ecosystem
▪️ The Cardano team is actively developing infrastructure to bring XRP into its DeFi environment, focusing on:
Cross-chain liquidity pools
Decentralized exchanges (DEXs)
Leveraging XRP’s speed and cost-efficiency
▪️ While still early-stage, Hoskinson suggested that Midnight, Cardano’s zero-knowledge sidechain, may play a key role as a DeFi layer for XRP, potentially offering enhanced yield opportunities.
Talks Underway for RLUSD on Cardano
▪️ In what could be a milestone for stablecoin interoperability, Ripple’s RLUSD may soon expand beyond the XRP Ledger, with discussions underway about integrating it into the Cardano network.
▪️ Hoskinson confirmed these conversations are in their early stages but said both parties “see real value” in bringing RLUSD to Cardano’s ecosystem.
The move would expand RLUSD’s user base
It would also boost liquidity and stability within Cardano DeFi platforms
Toward a Real XRP–Cardano Partnership
Hoskinson’s comments mark the most direct effort yet to bridge the XRP and Cardano ecosystems, historically viewed as separate and even adversarial within crypto discourse.
▪️ The proposed “XRP package” includes:
Glacier Airdrop eligibility for XRP holders
Lace wallet XRP support
DeFi connectivity via Midnight
Potential RLUSD cross-chain deployment
Though still in development, this initiative could bring two of crypto’s largest communities closer than ever—and lay the foundation for shared infrastructure, liquidity, and growth.
@ Newshounds News™
Source: The Crypto Basic
~~~~~~~~~
What Happens if BRICS Currency Prevails — and Why Is India Worried?
The proposed BRICS currency—championed by China and Russia—is gaining momentum as the alliance prepares for its possible launch. A mock-up bill displayed by President Putin at the last BRICS summit confirmed that plans for a new tender to rival the U.S. dollar are active and advancing.
But as excitement builds, one member is signaling sharp resistance: India. New Delhi has expressed open concerns about the impact such a currency could have on its economy—and its place in the global financial system.
India Breaks Ranks Over De-Dollarization
▪️ India is the only BRICS member to publicly oppose the de-dollarization agenda promoted by China and Russia.
▪️ This comes after former U.S. President Donald Trump warned of potential economic consequences for nations drifting away from the U.S. dollar.
▪️ While Brazil remains cautious, India has made it clear that it favors maintaining ties with Western financial institutions, rather than embracing a BRICS-led currency model.
China’s Leverage and the Belt and Road Factor
▪️ China's Belt and Road Initiative (BRI) plays a pivotal role in its influence over smaller BRICS and Global South nations.
With billions invested in ports, railways, and infrastructure, Beijing already holds significant financial sway.
A successful BRICS currency would only solidify China’s economic dominance across Southeast Asia and Africa.
▪️ India is particularly concerned that such a shift would give China further power to shape trade policies across the region, leaving India at a strategic disadvantage.
Rupee Vulnerability and Asymmetrical Trade
▪️ If the BRICS currency succeeds, the Indian rupee could face increased instability, especially if regional trade begins to shift away from dollar benchmarks.
▪️ India-China trade has long been imbalanced, and ongoing border disputes have only heightened mistrust.
Indian policymakers fear that China could weaponize a BRICS currency to tip economic dynamics further in its favor.
“India recognizes the BRICS currency as a potential vehicle for Chinese dominance—not just economically, but geopolitically,” analysts note.
Modi’s Balancing Act: Contain China, Preserve Western Ties
▪️ Under Prime Minister Narendra Modi, India is pursuing a strategy to limit China’s financial rise while preserving its role within the BRICS framework.
▪️ India views continued alignment with Western financial systems as a buffer against Chinese overreach.
▪️ The government’s stance reflects a broader objective: to maintain balance in Southeast Asia and ensure that no single power—especially China—dictates the region’s financial architecture.
What’s at Stake
▪️ A successful BRICS currency could reshape global finance, potentially undermining the dollar’s dominance.
▪️ But for India, the cost could be economic instability and geopolitical disadvantage.
A BRICS tender led by China threatens to shift the region’s center of gravity, with India forced into a reactive, rather than proactive, role.
For now, India is pushing back, hoping to reshape the conversation before a BRICS currency becomes reality.
@ Newshounds News™
Source: Watcher.Guru
~~~~~~~~~
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Thank you Dinar Recaps
The Psychology of Money: 8 Ways to Improve Your Money Mindset
The Psychology of Money: 8 Ways to Improve Your Money Mindset
August 31, 2022 by Sam Stone
As the old saying goes, personal finance is ‘mostly personal and a little bit financial.’
Long-term growth and success rely more on our habits and behaviors than on complex knowledge and advanced strategies. Learning a few key points on the psychology of money can go a long way to building the right mindset for prosperity. Let’s look at a few far-reaching psychological concepts that play an outsized role in our financial lives, including some of the biases and fallacies that can point us in the wrong direction.
The Psychology of Money: 8 Ways to Improve Your Money Mindset
August 31, 2022 by Sam Stone
As the old saying goes, personal finance is ‘mostly personal and a little bit financial.’
Long-term growth and success rely more on our habits and behaviors than on complex knowledge and advanced strategies. Learning a few key points on the psychology of money can go a long way to building the right mindset for prosperity. Let’s look at a few far-reaching psychological concepts that play an outsized role in our financial lives, including some of the biases and fallacies that can point us in the wrong direction.
8 Crucial Money Psychology Concepts
Human cognition can be messy. Each of us carries a collection of cognitive biases, irrational beliefs, and behavioral quirks. When we make decisions about our money, this can, unfortunately, lead us down the wrong path.
Understanding each of the money psychology concepts below will help you approach your finances more rationally and avoid some of those poor decisions that stem from cognitive bias.
Optimism Bias
Optimism bias is the natural tendency to overestimate the likeliness of positive outcomes and underestimate negative ones.
In terms of money, optimism bias can lead to reckless decisions and insufficient planning. That can include:
Investing heavily in risky products
Carrying insufficient insurance
Taking on excessive consumer debt
Ignoring your emergency fund
No one looks forward to dealing with failed investments or significant unplanned expenses (like vehicle repairs or medical bills), but the risk is there. When misfortune does come, this optimistic bias leaves us in a precarious position.
The ideal approach to finances is to hope for the best but prepare for the worst. It’s great to be optimistic, but not when it gets in the way of sound decision-making.
Pessimism Bias
The polar opposite of optimism bias – pessimism bias – can also play an insidious role in our finances. Pessimism bias, (also known as negativity bias), draws our attention away from positive circumstances and causes us to weigh negative stimuli more heavily.
Negativity bias can cause us to subconsciously exaggerate the impact of market downturns in our minds and overreact to perceived financial dangers. One typical instance of this is people rushing to sell a stock that has decreased in price over a short period. It is also what causes many people to cash out some or all of their investments in fear of future market conditions, almost always missing out on gains in the process.
TO READ MORE: https://investedwallet.com/the-psychology-of-money/
MS Email Subscriber Update
June 16, 7pm (ET) UPDATE:
It looks like our MS email (Hotmail, MSN, Outlook and Live) problem has been fixed.
We sent out our 6pm Newsletter, and had less than .0015% bounce. Thank you to all our loyal readers for your patience, and continued readership.
The Dinar Recaps Team
June 16, 7pm (ET) UPDATE:
It looks like our MS email (Hotmail, MSN, Outlook and Live) problem has been fixed.
We sent out our 6pm Newsletter, and had less than .0015% bounce. Thank you to all our loyal readers for your patience, and continued readership.
The Dinar Recaps Team
“Tidbits From TNT” Tuesday Morning 6-17-2025
TNT:
Tishwash: Banking expert: The success of the economy requires national cooperation between the government and the Central Bank.
Banking expert Dr. Nabil Al-Abadi emphasized that "Iraq's economic future begins with reforming its financial system, and this represents the most important step toward building a modern, diversified, and stable Iraqi economy."
Al-Abadi said in a statement seen by Al-Masry on Tuesday, "Economic success requires national cooperation between the government, the Central Bank, banks, the private sector, and the international community."
TNT:
Tishwash: Banking expert: The success of the economy requires national cooperation between the government and the Central Bank.
Banking expert Dr. Nabil Al-Abadi emphasized that "Iraq's economic future begins with reforming its financial system, and this represents the most important step toward building a modern, diversified, and stable Iraqi economy."
Al-Abadi said in a statement seen by Al-Masry on Tuesday, "Economic success requires national cooperation between the government, the Central Bank, banks, the private sector, and the international community."
He explained that "success in this path will have a tremendous multiplier effect on all aspects of the Iraqi economy, as it has contributed to attracting investment, revitalizing the private sector, creating jobs, integrating the informal economy, and combating corruption."
He explained that "the overall strategic importance of this approach lies in supporting economic diversification, as Iraq's economic vision to move away from oil cannot be implemented without a strong banking system that directs funding toward productive sectors—agriculture, industry, tourism, and technology—and contributes to attracting foreign direct investment. link
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
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Tishwash: Iraq warns of an escalation of the war and the closure of the Strait of Hormuz: Damage will affect the global economy.
Foreign Minister Fuad Hussein explained that the current conflict between Iran and Israel will cause significant damage to the global economy, especially if it extends to the Strait of Hormuz. During a phone call with his British counterpart, David Lammy, Hussein emphasized that Israel is violating Iraqi airspace and that the international community must take action to prevent these violations.
Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received a call from his British counterpart to discuss developments in the regional crisis and ways to de-escalate the situation.
On Monday, June 16, 2025, Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received a phone call from British Foreign Secretary David Lammy, during which they discussed rapid regional developments and ways to avoid escalation.
During the call, the British minister affirmed his country's support for Iraq's stability and the need to keep it neutral from any attacks or conflicts. He emphasized the importance of controlling the situation and preventing any interference by what he described as "armed groups" in the ongoing conflict. He explained that Britain has not participated in any military operations, and that it is in ongoing contact with France and Germany to coordinate positions, in addition to consulting with the American side on developments in the war.
Minister Lammy also stressed the need to return to the negotiating table regarding the nuclear program, warning of the danger of any attacks on American or British forces deployed in the region, regardless of the perpetrator. He added that the United Kingdom believes that diplomatic solutions are the only way to avoid further escalation, praising Iraq's role in this regard despite the sensitivity of its geographical location and the complexities of the regional situation.
For his part, Mr. Fuad Hussein expressed his gratitude to his British counterpart for this communication, emphasizing the importance of the British role in calming the situation, whether through European tripartite cooperation (Britain, France, and Germany) or through coordination with the United States.
The Foreign Minister pointed out that the continuation of the war would have serious repercussions for the region and the world, explaining that "there are no victors in this war," and that its continuation could cause major economic crises, particularly if it extends to the Strait of Hormuz, which could lead to a global economic crisis.
Fuad Hussein affirmed that Israel continues to violate Iraqi airspace, and that these violations constitute a blatant violation of Iraqi sovereignty and international law. He emphasized the need for the international community to take serious steps to halt these violations and work to contain the conflict.
For his part, Minister Lammy noted that closing the Strait of Hormuz would create a severe economic crisis for Britain and Europe and would lead to higher inflation rates. He emphasized the need for joint action to avoid further deterioration and resolve this crisis through political and diplomatic solutions. link
Mot: .. Yeppers!! -- the 4th is Right around da Corner... Be Aware!!!
Mot: NOT Funny!! -- Mr. Scott!! -- NOT Funny
MilitiaMan & Crew: IQD Update-Baghdad Reforms-Taxes Customs ASYCUDA-5 Million Units-Integrating Factories-Exchange Rate
MilitiaMan & Crew: IQD Update-Baghdad Reforms-Taxes Customs ASYCUDA-5 Million Units-Integrating Factories-Exchange Rate
6-16-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew: IQD Update-Baghdad Reforms-Taxes Customs ASYCUDA-5 Million Units-Integrating Factories-Exchange Rate
6-16-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Economic News And Points To Ponder Monday Evening 6-16-25
Building Smart Cities Is A Qualitative Leap In The Capital's Reality
June 14, 2025 Governorates - Al-Zaman correspondents Baghdad Mayor Ammar Musa affirmed the need to move forward with implementing a vision he described as comprehensive, to bring about a qualitative shift in the capital's reality.
This came during his participation in the Iraqi Cities Conference, noting that the Baghdad Municipality has adopted the development of smart services in the city's infrastructure. In a speech during the conference, which was organized by the Federation of Iraqi Chambers of Commerce, in cooperation with the International Chamber of Commerce, and with the participation of the Arab Smart Cities Forum, Musa said, as followed by (Al-Zaman) yesterday, that "Baghdad is committed to urban development paths and sustainable city concepts."
Building Smart Cities Is A Qualitative Leap In The Capital's Reality
June 14, 2025 Governorates - Al-Zaman correspondents Baghdad Mayor Ammar Musa affirmed the need to move forward with implementing a vision he described as comprehensive, to bring about a qualitative shift in the capital's reality.
This came during his participation in the Iraqi Cities Conference, noting that the Baghdad Municipality has adopted the development of smart services in the city's infrastructure. In a speech during the conference, which was organized by the Federation of Iraqi Chambers of Commerce, in cooperation with the International Chamber of Commerce, and with the participation of the Arab Smart Cities Forum, Musa said, as followed by (Al-Zaman) yesterday, that "Baghdad is committed to urban development paths and sustainable city concepts."
Signing Ceremony
The Mayor of Baghdad sponsored the signing ceremony of the infrastructure contract for 11,000 housing units in the New Sadr City project, in line with the government program's directions. Yesterday's statement referred to (the signing of the infrastructure implementation contract for the construction of 11,000 housing units in the New Sadr City project), indicating that (the signing of the contract comes after successive stages of implementing this project).
The statement added that (more than 30 specialized companies were attracted, and a solid Chinese company with extensive experience in implementing infrastructure was selected), noting that (the Projects Department of the Baghdad Municipality and the Chinese company signed the contract as part of the first step to launch housing projects, within the framework of increasing the number of housing units and expanding them towards the outskirts, with the aim of addressing the housing problem).
Baghdad Municipality is planning to build 20 pedestrian bridges in the capital, distributed among densely populated areas. Baghdad Municipality spokesperson, Uday Al-Jandil, said in a statement yesterday that "the Projects Department will soon implement a plan to maintain 10 pedestrian bridges, 7 of which are in Rusafa and 3 in Karkh," indicating that "maintenance work will begin in the coming days, pursuant to the formation of a specialized committee to determine maintenance needs, which have been referred to a specialized company for rehabilitation and reconstruction."
For its part, the Ministry of Planning discussed the challenges facing the Social Fund for Development projects in Sulaymaniyah Governorate, with the participation of representatives of the World Bank and relevant authorities, to discuss the administrative and technical challenges hindering the implementation of its projects, and to expedite contracting and procurement procedures.
Sulaymaniyah Deputy Governor for Technical Affairs, Ahmed Ali Ahmed, emphasized the importance of the Social Fund for Development in supporting local development efforts, expressing his hope to find solutions to the multiple challenges that he emphasized affect the speed and efficiency of project implementation in Sulaymaniyah, including administrative procedures, technical and financial conditions, as well as economic and environmental conditions.
In turn, the Director of the Social Fund for Development, Hazem Ahmed Saleh, explained that the meeting comes as part of the Fund's commitment to implementing projects and improving services by developing real solutions that expedite work and reactivate stalled contracts. Sabah Jundi Mansour, the Fund's supervisor, stated that the service projects implemented in various areas play an effective role in improving infrastructure.
In a related development, the Baghdad Water Directorate, affiliated with the Ministry of Construction and Housing, is moving towards establishing additional complexes to improve distribution among the population.
“The maximum energy we produce is in line with the global standard for water consumption per person, which ranges between 250 and 300 liters per day per person, and the amount may increase to 350 liters per citizen per day,” said the director general of the directorate, Hekmat Abdul Majeed Hamid, in a statement followed by Al-Zaman yesterday.
He pointed out that “the amount of water produced is distributed among the population, but the challenge lies in the fairness of distribution and the difference in population densities between the Karkh and Rusafa areas.”
In Najaf, Governor Yousef Gnawi laid the foundation stone for a project to build a 3,000 cubic meter water complex in the city of Al-Mundhir and Al-Ridha, at the site of the Al-Mundhir district water complex. Gnawi said in a speech during the ceremony yesterday that "the project comes within the ongoing efforts to strengthen the water infrastructure in the governorate and improve the level of water services provided to residents," adding that "it contributes to supporting the water system in the region and meeting the needs of citizens and residential complexes located within the aforementioned geographical area."
Warsi Gnawi and the head of the provincial council, Hussein Al-Issawi, laid the foundation stone for the project to establish a training stadium and develop the Kufa Sports Club stadium.
During the ceremony, Gnawi stressed, “The Najaf administration is keen to advance the sports sector by establishing and rehabilitating stadiums and sports facilities,” noting that “these projects constitute part of supporting the sports and youth movement and strengthening its role in society.”
He continued, “The project includes the establishment of a modern training stadium with high technical specifications, in addition to rehabilitating the front facade of the Kufa Sports Club stadium, to a level befitting Najaf sports and its history,” as he put it.
Security Duties
Karbala Police Directorate Media Officer Colonel Engineer Ihsan Youssef Al-Asadi confirmed that "the External Road Protection Department in the Directorate carried out a number of security duties to enhance security and provide protection for pilgrims arriving in Karbala, in accordance with the directives of Governor Nassif Al-Khattabi."
Al-Asadi explained to Al-Zaman correspondent yesterday that "these measures or duties included securing the three external axes as well as setting up temporary checkpoints, which contributed to the arrest of a number of violators, in addition to securing the pilgrims' cities and organizing the passage of pilgrims in cooperation with traffic checkpoints within the framework of the joint effort to protect lives and property."
Youssef pointed out that "the security forces were able to provide first aid to a number of people injured as a result of a traffic accident, which reflects the concern of these security forces for the humanitarian aspect in addition to the security tasks assigned to them." Al-Asadi stressed the continuation of these security measures to ensure the safety of pilgrims and citizens alike." LINK
Basra Crude Achieves Significant Weekly Gains
Time: 2025/06/14 Reading: 450 times {Economic: Al Furat News} Basra crude posted significant weekly gains as global oil prices rose amid escalating tensions in the Middle East.
Basra Heavy crude closed the final session on Friday up $4.34 to $70.07, posting weekly gains of $8.24, or 13.33%.
Basra Medium crude closed the last session up $3.34 to $72.87, posting weekly gains of $8.19, or 12.66%. Globally, Brent and Texas Intermediate crude oils posted gains on a weekly basis.
Brent crude closed up $4.87 to $74.23, while US crude closed up $4.94 to $72.98. LINK
Gold Prices Rise In Baghdad And Erbil
Saturday, June 14, 2025, 11:47 AM | Economic Number of reads: 361 Baghdad / NINA / The prices of "foreign and Iraqi" gold witnessed a significant increase in the local markets in the capital, Baghdad, and Erbil, on Saturday morning.
The selling price of one mithqal of 21-karat Gulf, Turkish, and European gold in the wholesale markets on Al-Nahr Street in Baghdad, this morning, reached 700,000 dinars, while the purchase price reached 696,000 dinars.
The selling price of one mithqal of 21-karat Iraqi gold reached 670,000 dinars, while the purchase price reached 666,000 dinars.
As for gold prices in jewelry stores, the selling price of one mithqal of 21-karat Gulf gold ranged between 700,000 and 800,000 dinars, while the selling price of one mithqal of Iraqi gold ranged between 670,000 and 680,000 dinars.
In Erbil, the selling price of a mithqal of 22-karat gold reached about 736,000 dinars, and 21-karat gold reached 703,000 dinars, while 18-karat gold recorded about 602,000 dinars per mithqal. https://ninanews.com/Website/News/Details?key=1234299
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
6 Subtly Genius Ways Wealthy People Save Tons of Money
6 Subtly Genius Ways Wealthy People Save Tons of Money
Cindy Lamothe Mon, June 16, 2025 GOBankingRates
Ever wonder how the rich are able to maintain their lavish lifestyle without depleting their bank accounts? As it turns out, they’re exceptionally good at saving. In fact, many of their financial decisions are genius strategies for creating lasting wealth.
Below experts outline some of the ways they’re able to save tons of money.
6 Subtly Genius Ways Wealthy People Save Tons of Money
Cindy Lamothe Mon, June 16, 2025 GOBankingRates
Ever wonder how the rich are able to maintain their lavish lifestyle without depleting their bank accounts? As it turns out, they’re exceptionally good at saving. In fact, many of their financial decisions are genius strategies for creating lasting wealth.
Below experts outline some of the ways they’re able to save tons of money.
Prioritizing Strategic Investments
“From what I’ve observed working with affluent clients, one of the most effective ways wealthy people save money is by focusing on strategic investments,” said Shirley Mueller, finance expert and founder of VA Loans Texas.
“They understand the power of compounding and often prioritize tax-advantaged accounts like IRAs, 401(k) plans and health savings accounts (HSAs) to maximize their returns while minimizing tax liabilities.”
She also noted that many also leverage tools like trusts and charitable giving strategies to reduce tax exposure, creating long-term savings while supporting causes they care about.
“This level of planning reflects their focus on building sustainable wealth rather than chasing short-term gains,” Mueller added.
Mastering the Art of Negotiation and Rewards
According to Mueller, wealthy individuals rarely pay full price for anything, even when they can afford to.
“They are skilled negotiators, whether they’re buying property, financing a home, or making high-ticket purchases,” she said.
The expert noted many also take full advantage of rewards programs tied to credit cards or memberships.
“I’ve seen clients use travel rewards or cashback bonuses in ways that significantly offset their expenses,” Mueller explained. “For them, it’s about maximizing value on every dollar spent, an approach that helps them save thousands without cutting corners on their lifestyle.”
Valuing Maintenance Over Replacement
“Another subtle habit I’ve noticed among wealthy clients is their commitment to maintenance,” Mueller said. “They understand that taking care of what they already own — whether it’s a home, car, or investment property — saves money over time by avoiding costly repairs or replacements.”
For example, routine home maintenance can prevent expensive structural issues down the road.
Similarly, she said they approach personal finances with this mindset, regularly reviewing their budgets, portfolios, and insurance coverage to ensure everything is optimized and aligned with their goals.
“These small, consistent actions create a strong foundation for long-term financial success,” Mueller noted.
Strategic Tax Planning
TO READ MORE: https://www.yahoo.com/finance/news/6-subtly-genius-ways-wealthy-200041280.html
The Final Rally Before a Massive Crash & Global Reset: Henrik Zeberg
The Final Rally Before a Massive Crash & Global Reset: Henrik Zeberg
Wealthion: 6-16-2025
Henrik Zeberg joins Maggie Lake to issue a bold and urgent warning: the global economy has already hit the iceberg, and a massive crash may be just months away.
But first, he says, markets could soar in a final liquidity-fueled rally, creating one last chance to prepare before everything changes.
Henrik lays out his thesis for why we’re nearing the end of this business cycle, why central bank and fiscal stimulus might backfire, and why the next crisis could end the U.S. dollar’s dominance in a global monetary reset.
The Final Rally Before a Massive Crash & Global Reset: Henrik Zeberg
Wealthion: 6-16-2025
Henrik Zeberg joins Maggie Lake to issue a bold and urgent warning: the global economy has already hit the iceberg, and a massive crash may be just months away.
But first, he says, markets could soar in a final liquidity-fueled rally, creating one last chance to prepare before everything changes.
Henrik lays out his thesis for why we’re nearing the end of this business cycle, why central bank and fiscal stimulus might backfire, and why the next crisis could end the U.S. dollar’s dominance in a global monetary reset.
Key topics:
Why Henrik says the housing market has already frozen, and what that means
How $4.5 trillion in global liquidity is fueling a dangerous blow-off top
What could trigger a deflationary bust followed by a stagflation crisis
Will the U.S. dollar lose its global reserve status?
The long-term opportunity Henrik sees in AI, tech, and innovation
Chapters:
00:37 - Zooming Out: The Macro Picture
02:38 - Will the Recession Be Global?
06:28 - Stocks Surging into Trouble?
08:41 - Are Investors Too All-In?
13:34 - What Pops the Blow-Off Top?
15:46 - Does a Two-Tier Economy Buy Time?
18:30 - Gold’s Rally—Safe Haven or Hype?
20:40 - How High Can Crypto Fly?
26:01 - Recession or Something Darker?
31:00 - Why Commodities Spike in a Slump
32:25 - Can Fiscal Firepower Save Us?
34:11 - Global Teamwork—or Fragmentation?
37:13 - What Keeps You Up at Night?
40:45 - Where Do You Hide Your Money?
46:55 - Wildcards That Flip the Script
48:05 - Wealthion’s Golden Nugget: The Best Bets for the Next Decade?
49:44 - Can a Doomster Be an Optimist?