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

Ariel: The Big Beautiful Bill and the Gold and Silver Monetary Shift

Ariel: The Big Beautiful Bill and the Gold and Silver Monetary Shift

7-2-2025

The Big Beautiful Bill and the Gold/Silver Monetary Shift

Executive Summary

The “Big Beautiful Bill” (OBBB), a sweeping tax and spending package championed by President Donald Trump, has been falsely portrayed as a debt-exploding fiscal disaster. This narrative, propagated by financial elites and their media proxies, obscures a seismic shift in monetary policy: the strategic pivot to gold and silver as legal tender, rendering fiat USD debt irrelevant.

Ariel: The Big Beautiful Bill and the Gold and Silver Monetary Shift

7-2-2025

The Big Beautiful Bill and the Gold/Silver Monetary Shift

Executive Summary

The “Big Beautiful Bill” (OBBB), a sweeping tax and spending package championed by President Donald Trump, has been falsely portrayed as a debt-exploding fiscal disaster. This narrative, propagated by financial elites and their media proxies, obscures a seismic shift in monetary policy: the strategic pivot to gold and silver as legal tender, rendering fiat USD debt irrelevant.

States like Idaho and Texas, alongside over 45 others, have legalized gold and silver transactions, signaling mass adoption of “real money.”

This report exposes the deliberate concealment of this transition, the irrelevance of fiat debt in a gold-backed system, and the orchestrated exit of Federal Reserve Chairman Jerome Powell as a marker of systemic change.

The banking industry, not the American people, bears the liability for decades of reckless money printing.1. The Big Beautiful Bill: A Misrepresented Catalyst The OBBB, passed by the House on May 22, 2025, extends the 2017 Trump tax cuts, introduces tax exemptions for tips and overtime, and implements spending cuts to Medicaid, SNAP, and green energy subsidies.

Mainstream analyses, including those from the Congressional Budget Office (CBO) and the Committee for a Responsible Federal Budget, claim the bill will add $2.4–$5.3 trillion to the national debt over a decade. These projections assume the perpetuation of the fiat USD system, ignoring the bill’s alignment with a gold/silver-based transactional framework.

The establishment’s debt hysteria is a psychological operation (psyop) designed to maintain public dependence on central bank-controlled currency. By framing the OBBB as fiscally reckless, elites deflect attention from its role in dismantling their monopoly over money creation.

Hidden truth: The bill’s tax cuts and spending reductions are calibrated to incentivize economic activity in gold and silver, reducing reliance on USD and exposing the Federal Reserve’s unsustainable debt model.

2. Gold and Silver as Legal Tender: State-Level Revolution Over 45 states, including Idaho and Texas, have passed laws recognizing gold and silver as legal tender, with Texas Governor Greg Abbott signing a landmark bill in June 2025 to establish a gold- and silver-backed transactional currency system via the Texas Bullion Depository.

Article 1, Section 10 of the U.S. Constitution permits states to use gold and silver to pay debts, providing a legal foundation for bypassing federal USD dominance. Transactions in precious metals are converted to USD equivalents at the point of sale, ensuring compliance with federal law while eroding central bank control.

These state policies are not symbolic; they are a coordinated effort to restore “real money” as a hedge against USD collapse. Idaho’s adoption, for instance, allows merchants to accept gold and silver without sales tax, incentivizing local economies to shift away from fiat currency.

Critical insight: The mass adoption of gold and silver by states undermines the Federal Reserve’s ability to enforce debt obligations, as precious metal transactions operate outside the central bank’s balance sheet.

3. Fiat Debt Irrelevance in a Gold-Backed System: The U.S. national debt, currently at $36.8 trillion, is denominated in fiat USD, a currency unbacked by tangible assets since the Nixon administration ended the gold standard in 1971.

In a gold- and silver-backed system, fiat debt becomes irrelevant because transactions in precious metals do not accrue liabilities to the Federal Reserve or IRS. Homes purchased with gold or silver, for example, are exempt from federal taxation, as the IRS lacks jurisdiction over non-fiat transactions.

The banking industry, which has printed trillions in unbacked USD, holds the liability for this debt, not American citizens. The OBBB’s critics deliberately omit this, framing the public as responsible for elite malfeasance.

Uncovered reality: The transition to gold and silver nullifies the debt-to-GDP ratio (currently 120%) as a metric of economic health, as “real money” economies operate independently of central bank debt instruments.

4. Jerome Powell’s Exit: A Signal of Monetary Overhaul Federal Reserve Chairman Jerome Powell’s anticipated resignation, expected before his term ends in May 2026, is not a mere personnel change but a deliberate marker of the Federal Reserve’s declining relevance.

Powell’s resistance to lowering interest rates, despite Trump’s demands, reflects his allegiance to the fiat system’s status quo. His exit, potentially accelerated by Trump’s nomination of a replacement like Treasury Secretary Scott Bessent or Kevin Warsh, signals the Fed’s capitulation to a gold-backed monetary framework.

The Fed’s current benchmark rate (4.25–4.50%) sustains high borrowing costs, propping up fiat debt obligations. A gold/silver system, requiring no central bank intermediation, renders such rates obsolete.

Exclusive revelation: Powell’s departure is a scripted concession to dismantle the Fed’s monopoly, orchestrated by Trump’s administration to align with state-level gold adoption.

5. The USD Collapse: Engineered or Inevitable? The U.S. Dollar Index (DXY) has plummeted 10% in 2025, its worst performance since 1973, driven by Trump’s tariff policies, debt concerns, and Fed uncertainty. This collapse is not accidental but a controlled demolition to justify transitioning to a gold-backed system.

Global investors, spooked by the OBBB’s projected deficits, are divesting from U.S. bonds, pushing yields above 5% and signaling distrust in fiat USD. Gold prices, conversely, have surged 30% to $3,440 per ounce, reflecting a flight to safe-haven assets.

The Bretton Woods system’s collapse in 1971, which unpegged the USD from gold, set the stage for today’s fiat crisis. The current trajectory mirrors historical precedents where overleveraged currencies (e.g., Weimar Germany, Zimbabwe) imploded, necessitating asset-backed alternatives.

Suppressed truth: The USD’s decline is a feature, not a flaw, of a broader plan to restore gold and silver as global standards, with the OBBB as a catalyst for domestic adoption.

Source(s):  https://www.patreon.com/posts/big-beautiful-of-133038025

https://dinarchronicles.com/2025/07/01/ariel-prolotario1-the-big-beautiful-bill-and-the-gold-and-silver-monetary-shift/

 

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Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25 

Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. it's Tuesday July 1st  and you're listening to the big call. Thanks for tuning in, everybody, and we're looking forward to having a very good call again tonight. i hope everybody's ready and tuned in and ready to go.

Okay, let us delve into the Intel portion of the call. Now I've got some things I'm going to share with you, as I always try to do, I'm trying to keep it in some form of an order, so I'll tell you where we are and what's happening.

Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. it's Tuesday July 1st  and you're listening to the big call. Thanks for tuning in, everybody, and we're looking forward to having a very good call again tonight. i hope everybody's ready and tuned in and ready to go.

Okay, let us delve into the Intel portion of the call. Now I've got some things I'm going to share with you, as I always try to do, I'm trying to keep it in some form of an order, so I'll tell you where we are and what's happening.

There are bonds that are very large, multi billion dollar bonds, and those are known as Super Pacelli, obviously an Italian name super Pacelli. These super pacelles are paying out today and tomorrow. I think that's going to be it for those super pacelles to pay out.

And these are being used to back up our transactions, to back up the monies that will be coming to pay us, as well as other other let's call them sovereign bonds and monies that are coming from so called Sovereign accounts. And there are a number of these trusts, as you guys know, the Rodriguez Trust, the Saint Germain Trust. Those have already kicked out lots and lots of money in terms of one with a zero after it, they go 1520, 30, zero. Sometimes they're a lot. They're huge numbers that most of us couldn't even pronounce but those accounts are being used to help fund what it is we're going for

Now the thing that we're looking at now is, where do we stand on the Iraqi dinar?

They were supposed to have revalued the currency again, I believe they did, and it's at a decent rate on the screens, but it's currently on the back screen of the Forex

Now, if all goes according to again tomorrow, that back screen IQD rate on the dinar will go and show itself on the front screen of the Forex.

If that happens that currency, the IQ D, or some call it NID new Iraqi dinar, is how it's known sometimes the NID or IQD, Iraqi dinar will reflect on the front screens of the banks and redemption centers.

Now, today, we had approximately 17 currencies on the front screens of the redemption centers, and those were fluctuating in value as trading is continuing between various currency trading pairs. That's happening, and that fluctuates.

And where, last week, we had nine currencies, and they were solid on the screen, today, we had about 17 currencies, and we think there could be as many as 24 that are actually going to appear when we go in for our exchanges.

So today, we heard 17 currencies, and we heard that they were on the screens, legible, but they were also using placeholder rates, in some cases, placeholders, not maybe the official rate that would be used for the time of exchange.

I explained earlier that the difference between the Zim, which does not have a contract rate, it has a simple one to one relationship with the USN, our new United States dollar is called USN for new I'm saying US and means US note, either way and USTN, United States Treasury note is what we're calling the actual physical money, currency that will be in the bank drawers and in shrink wrapped packets at the redemption center for us to see and take home those new bills.

Those packets are in $500 increments, and we'll take home a multiple of those probably not to exceed 5000 I think they want to keep this in the 3000 to 5000 range per person on the actual new USTN’s - if you're somebody who doesn't use cash and you're like, what is that I don't even use that?  I only use a debit card, or I only use a crypto whatever, then you don't have to worry about it.

It's only there for those that like to use cash and that want the new notes to take, and that'll come off your balance  payments at the bank with Wells Fargo, if that's your bank, okay? And that's at the redemption center, those USTN our new currency of the dollar, is also in the bank, and they've had at least three or four deliveries of those new currencies in both redemption centers and banks, so they're going to be ready whenever the time is right to let it go.

All right, so let's see what else do we want to talk about? We talk about the contract rate on dinar. The contract rate on dinar is like on a back screen of the redemption center. They know about it, and we know about it. If you know about it, first of all, if you have dinar, see if they offer you the contract rate, it'll be much, much higher than the screen rate of the dinar at the redemption center, and way above the screen rate at a bank  -- it could be 10 times what the bank rate is.

So you go in there, you're ponying up your currency. They know who you are. They're going through and calculating, let's say you've got dinar do that, and then if they don't offer you the contract rate, you ask politely for the contract rate that's designed  - President Trump designed that for us to get the maximum benefit from the exchange of The Iraqi dinar --  boom.

All right, so get that, take that, even if you have Zim, and most of us do, not everybody. But even if you do, you still have access to the contract rate on the dinar, the latest version of what that's all about

Now, let's talk about what else is happening. We know the Fourth of July is Friday - right. We know the big, as I call it, the big, bad, beautiful Bill has been passed in the Senate  and tossed back to the House – for ? not sure what to call it - we're going to call it adjustments, passage of the bill,  and if they need to they will reconcile the House version and the Senate version of the Bill - , a normal process that happens, it might compare certain things when the House bill do the Senate bill and then come up with a compromise or change in the final bill that gets voted on in the House, that gets sent over, signed by President Trump.

President Trump wants this on Friday, July 4, and I think they the House received that bill today. They should be working on it certainly by tomorrow.  It may show up at the President’s Desk and even early. Maybe it shows up Thursday instead of Friday. We'll see what they do.

Okay, why is that important to us?

Because everything that we have been speaking about is in that bill, that BBB, that big, bad, beautiful bill. Oh, that's four B's. That's right, so I do that. So what's in it? The R&R / GCR is in there.

Okay, what else NESARA? Yes, certain aspects at least of NESARA are in the bill. Maybe not all of it, but the basics of it are in there.

The DOGE payments, oh yeah, that's budget that's in the bill. What about restitution and reconciliation allowance, the R&R we talked about? Yes, that's in there too. Increase in Social Security?  should be in that bill. Everything is there that we've been talking about.

So this bill, it's not perfect. We know it's not perfect. There's some things pulled out of it, it just stayed in there. But thanks to the parliamentarian, she pulls certain things out of the bill, and unfortunately, they may or may not get reinserted by the by the house. So we'll see what happens in the final

But either way, it's a positive move forward for us, for our country, it's a huge tax bill that reduces our taxes substantially, and it does give certain breaks to people working overtime or servers on their tips. And there are provisions in there which benefit everyone, not the rich.

Forget that stupid  argument of benefiting only the rich, you've got to be kidding. Are the rich the ones waiting tables and serving us, are the rich the ones that are working 40 hours and getting overtime after that? No, they're not. So forget that argument. That's not true at all.  And so you guys will see what is included in this

Now, July 4 is a huge day. Obviously, it's our Independence Day. It's a national holiday, and we do believe that President Trump will make certain announcements relative to the big, bad, beautiful bill, as well as NESARA, I believe he'll discuss the fact that all currencies around the globe are asset backed-  

Now, some are backed by gold, some are backed by other assets. Ours are backed by gold, silver, platinum, palladium, oil, nat. gas. Don't even forget patents. We've got a lot of patents worth a lot of money. That's part of the asset class.

So we have physical assets that are backing our USN currency, which is up on the screens trading now already, and that's true of every other currency around the globe is asset backed and being traded as such.

So that's what I wanted to say about what President Trump should speak to us about on Friday

Now what about the timing for this?

I have information that suggests that if the Super pachelis  (spelling?) paid out today and tomorrow, and the dinar does move from the back screen of the 4x to the front screen at the Forex that it could show up on the front screens at the redemption center and banks, and that we would be able to be notified shortly thereafter  

There could be as early as Thursday, Friday, I'd say notification period would take us all the way to next Tuesday, and there are other reasons for that.

Now, the majority of the information says that we get started with this by or on the weekend, but there's other information that says that it might not be until early next week, Tuesday, Tuesday, Wednesday, time frame.

 Now I know why, and I'm not going to go into the why that is. It's complicated, and I understand it, but I'm not sure it benefits the real now I'm going to say this, whichever it is, it's happening soon, and it's happening in July, and all of these things should benefit us by the second week of July.

Now the general public is not going to start this until the third or fourth week of July, but we will have it, and I believe we'll have it as for A and B for the first week to two weeks do after this is achieved, after we get actual  revaluation  Known,

okay, and the Global Currency Reset of all currencies around the globe being used backed by assets. Asset backed currencies. Name of the game for all connected all countries interconnected on the quantum financial system, through the Starlink system and the FinTech system and blockchain technology cost.

Crypto coins are actually also by the assets backing the USN and are being used digitally. As you guys know, it's a digital coin, and there are five coins we've talked about over the past. And XRP, I think, is one of the main ones, along with Bitcoin and Ethereum and some of the other two that I can think of right now.

All right now, one other thing that's interesting, I found out yesterday through the United Bank of Switzerland, UPS did a test yesterday to wire every country around the world, which is 209 countries, every country got a One penny, a one cent transmission we used to call it a bank wire, a transition of one cent in value, a bank in each country, all around the globe, 209,

Every one of those countries there - Let's call it their treasury bank, instead of central bank, every one of their treasury banks received the one penny transfer in seven seconds. So new system, QFS through Star Link works very quickly to get money wired, if you will, around the globe, seven seconds. And what we're going to be able to experience when we send money to various people, various entities that we send it to, obviously, through the quantum financial system.

And realize this system through StarLink  tracks, all transactions, every one, regardless of the amount, regardless of the location. So there's not going to be any funny business. All of this will occur, I believe, because of the quantum system, the quantum computers.

Certainly, everything's wired and designed so that it's totally encrypted and everything is safe, and that's why our exchanges and our redemption of Zim is very large amounts, as you guys know, very large balances, and those will be held in quantum financial system In our quantum accounts,

We'll have a quantum access card about three times the thickness of a normal credit card which has three chips in it, three computer chips in it, and we will access the funds in our quantum account, as you guys know, with a biometric fingerprint or thumb print, with a brand new username and a brand new password for the account and a five digit  pin code and a new email and a new password for the email.

So all of those features are built in as part of our quantum access card, so we will access the huge funds that could be in the trillions – whatever --  the first move we make the day we do our exchanges and our Zim redemption, remove money from our quantum account into our primary Wells Fargo account, and then we'll move that other sub counts, or bank accounts as we add one or two other banks to our quantum access card.

We could do that later – not on day one, day one, you're getting your master account, primary account, hydrated,  from your quantum account.

And  we will see how that works with the R and R money. It should be there. We'll see how, how much we take in from our currency exchange and Zim redemption, and we'll move a reasonable balance -  It could be large -  a reasonable balance into our primary Wells account.

Now I understand you can negotiate your interest rate on money that you have in your bank account. Let's call it primary or master account, and if you have secondary accounts with Wells, you would also be able to earn interest on those secondary accounts as well.

You could have a very sizeable balance in one or more accounts. Now that rate I'm not going to discuss , it’s going to  fluctuate up and down. It's very reasonable, though, and I think that will do very well, just with interest that's earned on the principal in our primary account, primary and secondary accounts.

Okay, and in my case, for the interest to be paid up quarterly, so that I have a goal of trying to invest, giveaway, spend, wherever you want to say it into my projects, into people's lives, humanity around the globe. I have a goal every month, to get rid of that much money,  every quarter – which is 3 months - and then the next quarter -  we got this much coming in, okay? And then the next quarter, and so on and so forth.

 So the challenge is going to be Just  to make sure your projects are scaled enough to where you can use the money that has been in your quantum account and moved to your primary or secondary accounts.

I told you guys I was going to have a primary account and then I was going to put my four LLCs for the four project names underneath that master account, all of which is under a master trust.  A Master trust is over like an umbrella over the primary account and the four secondary accounts that have are based on the LLCs, and that's how I'm doing it.  That's based on discussions over a couple of years with my trust attorney.

So we'll see how that comes together. Let's see, is there anything else in the way of Intel? I think you guys get the idea. We are very close.

Could we get notifications on or about the Fourth of July? It's possible. I've heard that – The  fifth is on a Saturday. Could be that we start exchanges even over the weekend, or, based on other information, could we get notified very early next week and start exchanges like Tuesday?

 I'm going to hold out and say I'm not sure - we all want it yesterday, so it doesn't really matter. We're there. We're getting very close to the end. So I want everybody to stay positive and remember what hope means. Hope is a is a positive expectation that something beneficial is going to happen for you.

And I'm going to speak that to all of you in big call universe around the globe. And I speak that for myself, for Sue and for Bob, that this is going to be a really, very, very strong July, and Fourth of July,

I'm looking forward to what President Trump's going to tell us. I'm looking forward to this big, bad, beautiful bill as big, beautiful official to go and to be on Trump's desk by Friday before, maybe beforehand.

Wouldn't it be amazing if Congress actually did something early and actually got something in prior to the fourth?  There's a lot of reason why it's possible, and I hope that it does happen that way.

And I want to say thank you for tuning in, Thank you big call universe, the listeners all over the globe and beyond that have listened to the big call for these 14 years, and I appreciate in there and moving forward one step at a time.

 I think, I really think we're going to move very quickly into the Golden Age, as President Trump called it. So let's do this. Let's pray the call out, and then we'll look forward to talking with you all on Thursday night, the third of July. -Goodnight everybody. We'll see you.

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

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 7-2-25

Good Afternoon Dinar Recaps,

China Increases Quota for Foreign Investments Ahead of BRICS 2025 Summit

BEIJING – July 2025 – In a strategic economic maneuver ahead of the 17th BRICS Summit in Brazil, China has raised its foreign investment quota by $3.1 billion, signaling confidence in its domestic markets and leveraging global economic shifts to strengthen its position within the BRICS alliance.

According to the State Administration of Foreign Exchange (SAFE), the quota for Qualified Domestic Institutional Investors (QDII) has been increased from $167.8 billion to $170.9 billion, effective July 1, 2025. This move comes amid a surge of institutional capital inflows and a significant drop in the U.S. dollar’s strength.

Good Afternoon Dinar Recaps,

China Increases Quota for Foreign Investments Ahead of BRICS 2025 Summit

BEIJING – July 2025 – In a strategic economic maneuver ahead of the 17th BRICS Summit in Brazil, China has raised its foreign investment quota by $3.1 billion, signaling confidence in its domestic markets and leveraging global economic shifts to strengthen its position within the BRICS alliance.

According to the State Administration of Foreign Exchange (SAFE), the quota for Qualified Domestic Institutional Investors (QDII) has been increased from $167.8 billion to $170.9 billion, effective July 1, 2025. This move comes amid a surge of institutional capital inflows and a significant drop in the U.S. dollar’s strength.

USD Weakness Drives Global Capital Toward China

China’s quota expansion is seen as a response to growing foreign interest in Chinese assets, fueled by the U.S. dollar index (DXY) falling to its lowest level in three years. The dollar has depreciated by 10.5% year-to-date, weakening demand for traditional U.S.-based financial instruments like Treasuries and bonds.

“China is capitalizing on a historic drop in the dollar’s dominance by opening the gates to more global capital,” noted a market analyst. “This quota hike sends a signal that Beijing is prepared to lead economically within BRICS.”

Even Chinese retail investors have pivoted away from U.S. stocks in 2025, favoring regional investments instead. Capital inflows from mainland China into the Hong Kong stock exchange have reached $93 billion so far this year.

Hang Seng Index Sees 23% Surge in 2025

China's increased openness to foreign capital is bolstering the Hang Seng Index, which has already jumped 23% year-to-date. Bullish investor sentiment continues to mount, positioning China’s stock market as one of the most attractive destinations for global investors in 2025.

The quota increase is widely seen as a calculated move to secure leverage at the BRICS 2025 Summit, scheduled for July 6–7 in Rio de Janeiro. As the bloc increasingly explores de-dollarization strategies and alternative trade alliances, China’s robust financial posture could prove pivotal in shaping the summit’s economic agenda.

Strategic Timing for Global Economic Influence

By expanding the QDII quota just a week before the BRICS summit, China is strengthening its influence within the alliance and paving the way for new trade deals and partnerships. The move also enhances China’s image as a resilient, investment-friendly economy, especially amid shifting global monetary dynamics.

“China’s calculated adjustment to foreign investment policy could help it emerge as the key economic force within BRICS,” said an international finance observer.

@ Newshounds News™
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Watcher Guru

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SEC Approves First Spot ETF with XRP Exposure

WASHINGTON, D.C. – July 2, 2025 – In a landmark regulatory move, the U.S. Securities and Exchange Commission (SEC) has officially approved the first spot Exchange-Traded Fund (ETF) with direct exposure to XRP, the native digital asset of the Ripple network.

This decision marks a historic moment for both XRP and the broader crypto industry, opening the doors for institutional and retail investors to gain regulated exposure to XRP through traditional financial markets.

XRP Enters the ETF Era

The ETF approval is the first of its kind to offer direct access to XRP’s market performance via a spot trading product—rather than futures contracts or synthetic exposure. This regulatory greenlight signals growing confidence among U.S. regulators in digital assets as viable components of diversified investment portfolios.

“This is a pivotal step for the institutional adoption of XRP,” noted a digital asset strategist. “It brings credibility and accessibility to an asset that has long battled regulatory uncertainty.”

Mainstream Finance Embraces XRP

The move follows a wave of crypto-related ETF approvals earlier this year for Bitcoin and Ethereum. However, XRP’s inclusion in this regulatory trend is especially significant, given its history of legal battles with the SEC—a lawsuit that was partially resolved in Ripple’s favor in 2023.

Now, with a spot ETF on the table, XRP is positioned to gain broader exposure among wealth managers, hedge funds, and pension portfolios seeking compliant crypto investments.

The market implications could be substantial, as ETF inflows often act as a tailwind for underlying assets by increasing demand and liquidity.

Momentum Toward Crypto Market Maturity

The XRP ETF approval highlights the SEC’s evolving stance on digital assets, suggesting further regulatory clarity and market maturity are on the horizon. As traditional finance increasingly converges with blockchain-based assets, products like the XRP spot ETF help bridge the gap between legacy finance and Web3 innovation.

“We’re witnessing the normalization of crypto within the financial system,” said a fintech policy analyst. “XRP’s ETF listing is not just a win for Ripple—it’s a milestone for the entire asset class.”

The ETF is expected to begin trading in the coming weeks, with more details forthcoming regarding its issuer, custodial arrangements, and ticker symbol.

@ Newshounds News™
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KuCoin News

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Monetary Reset is 'Already Here' as GOLD Reserves EXPLODE Globally

Monetary Reset is 'Already Here' as GOLD Reserves EXPLODE Globally

VRIC Media:  7-1-2025

Mario Innecco and Taylor Kenney are seeing signs that a global monetary reset involving gold isn't some distant event on the horizon, but rather is already unfolding, as central banks continue to accumulate the metal at a breakneck speed, and the US dollar plunges into oblivion.

The duo discuss why we might need to see massive pain as the fiat experiment collapses, before we can come out on the other side with renewed hope in the form of a sound money economy.

Monetary Reset is 'Already Here' as GOLD Reserves EXPLODE Globally

VRIC Media:  7-1-2025

Mario Innecco and Taylor Kenney are seeing signs that a global monetary reset involving gold isn't some distant event on the horizon, but rather is already unfolding, as central banks continue to accumulate the metal at a breakneck speed, and the US dollar plunges into oblivion.

The duo discuss why we might need to see massive pain as the fiat experiment collapses, before we can come out on the other side with renewed hope in the form of a sound money economy.

A significant shift is underway in the global monetary landscape, with central banks around the world accumulating gold reserves at an unprecedented rate.

According to Mario Innecco and Taylor Kenney, who recently joined VRIC Media for a discussion, this trend is not just a sign of a potential future event, but rather a indication that a global monetary reset is already in progress.

The accumulation of gold reserves by central banks is a notable development, as it suggests a growing loss of confidence in fiat currencies, particularly the US dollar. As the value of the dollar continues to decline, central banks are seeking to diversify their reserves and hedge against potential economic instability.

Gold, with its historical reputation as a store of value and a safe-haven asset, is becoming an increasingly attractive option.

Innecco and Kenney argue that the current fiat currency system is unsustainable and that a collapse is inevitable. They believe that the massive accumulation of debt and the unchecked printing of money have created a fragile economic environment that is ripe for a reset.

The question is not if, but when, the system will collapse, and what will replace it.

The duo suggests that the transition to a new monetary system, one that is based on sound money and backed by gold, will not be without pain.

The collapse of the fiat experiment will likely be accompanied by significant economic disruption, including potential hyperinflation, currency devaluation, and widespread financial instability. However, they also believe that this pain is necessary for the global economy to reset and rebuild on a more stable foundation.

The rise of gold reserves is just one sign of the shifting monetary landscape.

Other indicators, such as the growth of alternative currencies and the increasing popularity of gold-backed assets, also point to a growing desire for sound money and a move away from fiat currencies.

As the global economy navigates this transition, it is essential for investors and individuals to be aware of the potential risks and opportunities. Innecco and Kenney’s discussion with VRIC Media provides valuable insights into the current state of the global monetary system and the potential implications of a reset.

By watching the full video discussion, viewers can gain a deeper understanding of the factors driving this shift and how to position themselves for the future.

In conclusion, the explosion of gold reserves globally is a significant sign that a global monetary reset is already underway.

As the fiat currency system continues to show signs of strain, central banks and investors are turning to gold as a safe-haven asset and a store of value. While the transition to a new monetary system will likely be painful, it also presents an opportunity for the global economy to reset and rebuild on a more stable foundation.

By staying informed and adapting to the changing monetary landscape, individuals and investors can navigate this transition and emerge stronger on the other side.

00:00 Introduction

00:42 War in Middle East and Precious Metals

05:49 Weakness in US Dollar

 09:01 Gold and a Monetary Reset

14:19 Increased Central Bank Gold Buying

18:26 When is it Time to Sell Gold?

23:04 Collapse of the Fiat Experiment

27:45 Recent Price Action in Silver

31:11 Silver Buying in the West

https://www.youtube.com/watch?v=hmHKs3mxRNY

 

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Wednesday Coffee with MarkZ. 07/02/2025

Wednesday Coffee with MarkZ. 07/02/2025

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 all. Hope everyone is having a great day.

Member: Sure hope this RV thing happens soon……many of us have anticipation fatigue

Wednesday Coffee with MarkZ. 07/02/2025

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 all. Hope everyone is having a great day.

Member: Sure hope this RV thing happens soon……many of us have anticipation fatigue

Member: Hey Mark, just checking in—any update on when your contacts are expected to receive their funds? Would love to hear where things stand!

MZ:  I got a message overnight form a bond holder stating his meeting went great. I asked them what did that mean- did you get money……and it went straight to voicemail. There is still one person to check in and I hope they have something positive.

Member: My thoughts are - They are on NDAs

MZ: I received a bank story. I liked it : “My husband and I have been curious if the dinar was worth anything yet….so he took one of our 25K notes to chase and talked with a teller- asking if the dinar was worth anything yet?

MZ: The teller typed on his computer and his eyes got real big. He stammered a bit and said “It isn’t on our list to exchange right now.”

MZ: I have been hearing similar things from other bank tellers. I am trying to get a screen shot of their screen….but its hard to strip out any location and protect any who shared a picture.

Member: IMO=That bank teller is about to buy a whole bunch of IQD now, lol.

Member: Wells Fargo near me is now call "Wells Fargo Wealth Management "

Member: From President Trumps Truth Social: “I just made a Trade Deal with Vietnam. Details to follow!”

Member: Really hope a RV of the VND is imminent.

Member: Trump's already said for Vietnam to do it……. fix the exchange rate

Member: Does anyone know what banks will do the exchange in Canada?

Member: guess we will know where all the banks are worldwide after the RV happens?

MZ: In Iraq “ Ports discuss with the executing companies of the great port of Faw the latest developments of the port projects” Just an update from the port of Faw assssss it connects to the development road project. They are running ahead of schedule.

MZ: “CBI announces a fall of inflation”  They are doing everything they needed to do. This is the responsibility they need in order to do a revaluation.

Member: Charlie Ward says the RV is part of the Big Beautiful Bill …?

Member: Well this bill should be signed into law on July 4th or so……hope Charlie is right

Member: Hearing Friday at noon, big announcement?? We are beyond close, this GCR is right over our heads.

Member: Trump said a yr long celebration starting July 4th 2025-July 4th 2026

Member: Happy Independence this Weekend…. God bless the USA……Lets hope this is also our RV this 3 day weekend.

Member: May your lives be filled with the love of God, may He guide your way and may He show you His strength, peace, love, joy and grace, you are loved, Amen

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=pwulB5uiy2s

 

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Chats and Rumors, Gold and Silver Dinar Recaps 20 Chats and Rumors, Gold and Silver Dinar Recaps 20

News, Rumors and Opinions Wednesday 7-2-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 2 July 2025

Compiled Wed. 2 July 2025 12:01 am EST by Judy Byington

What We Think We Know as of Wed. 3 July 2025:

Tues. 1 July 2025: Trump’s “Big, Beautiful Bill” has passed the Senate, now goes to the House for final approval and then it awaits Trump’s signature. The bill paves the way for the Restored Republic, Global Currency Reset, demise of the IRS and Federal Reserve and new fair tax system on new items bought only.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 2 July 2025

Compiled Wed. 2 July 2025 12:01 am EST by Judy Byington

What We Think We Know as of Wed. 3 July 2025:

Tues. 1 July 2025: Trump’s “Big, Beautiful Bill” has passed the Senate, now goes to the House for final approval and then it awaits Trump’s signature. The bill paves the way for the Restored Republic, Global Currency Reset, demise of the IRS and Federal Reserve and new fair tax system on new items bought only.

Global Currency Reset:

Tues. 1 July 2025 Bruce:  (RUMORS)

Large Sovereign multi-billion $ Bonds called Super Pachelli are (allegedly) paying out today Tues. 1 July and tomorrow Wed. 2 July. The monies will be used to back up the GCR payouts.

The Iraqi Dinar has(allegedly)  revalued again and the new rate is(allegedly)  on the back screen of the Forex trading. On Wed. 2 July it is supposed to show on the front screen of the Foex and trading.

On Tues. 1 July 17 currencies were(allegedly)  shown on the front screen of Redemption Centers, rates fluctuating in value.

The USTN (US Treasury Note) is the (allegedly) physical gold-backed US currency. The USN (US Note) is the digital gold-backed US currency.

At a Redemption Center you can(allegedly)  ask for the Contract Rate of the Dinar, which is much higher than the regular rate.

Tier4b could be notified to set appointments by the weekend, but it may not be until next week Tues. or Wed. 9 July.

Yesterday the Swiss Bank did a test and was able to transfer monies to 209 countries within 7 seconds.

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

Tues. 1 July 2025 MarkZ: Two bond people had exchange appointments today.

Tues. 1 July 2025 Wolverine Latest Intel: “We are here. Everything is ready to go. God bless. Wolverine”

Tues. 1 July 2025: INTEL REPORT: TIER 1–5 STRUCTURE EXPOSED – THE INVISIBLE ENGINE BEHIND THE GLOBAL CURRENCY RESET (GCR 2025) – amg-news.com – American Media Group

~~~~~~~~~~

Tues. 1 July 2025 FORT KNOX EXPOSED — THE AUDIT THAT NEVER HAPPENED …QFS on Telegram

Somewhere deep in the hills of Kentucky, behind 22-ton blast doors and layers of electric fencing, lies the most guarded vault in the United States: Fort Knox. Said to hold over 147 million ounces of gold—worth more than $300 billion—it remains the most iconic symbol of American wealth.

But for nearly 70 years, no one has truly seen what’s inside. No full audit. No independent verification. Just stories, old photos, and silence. In early 2025, President Trump promised to break that silence. For a moment, the world held its breath. But then, he backed down. Quietly. No audit. No explanation. Just another broken promise surrounded by classified whispers and redirected attention.

The last time anyone outside the government was allowed inside was in 1974—a small group of reporters and officials invited for a one-time “gold viewing.” No inventory, no counting, no serial numbers. Just a glance at a few open cages and then the vault was sealed again. Since then, decades of partial checks, Treasury statements, and scripted tours have replaced any attempt at true transparency.

 And when Trump proposed a full-scale audit in 2025, the excitement was immediate. But just as quickly, it vanished. White House aides claimed the gold conspiracy was “debunked.” National security warnings appeared. The Treasury distanced itself. The vault remained closed.

But the pressure didn’t end there. On June 6, Representative Thomas Massie introduced the Gold Reserve Transparency Act—calling for independent audits, bar counts, and public reports. It demanded photos. Serial numbers. Yearly inspections.

But the bill was buried in committee, smothered by political silence. No audit teams were sent. No plans were released. And Fort Knox, once again, became a monument to secrets. The same question keeps returning, louder every time: Is the gold even there?

Because if it is—why not prove it? A full audit would take about a year. It would show whether bars were sold, leased, pledged, or even replaced. It would reveal if serial numbers match historic records, if purity checks out, and if the vault holds truth—or fiction. But to this day, not one administration—Republican or Democrat—has dared open the full books. That tells us something. And it’s not confidence.

In a time of inflation, digital illusions, and collapsing trust in institutions, gold is more than metal. It’s stability. It’s proof. It’s accountability. And yet, America’s most sacred vault remains sealed. Untouchable. Unverified.

That silence isn’t just suspicious. It’s corrosive. Because in 2025, when people demand answers, refusing to open the doors means only one thing: someone’s afraid of what’s behind them.

Read full post here:  https://dinarchronicles.com/2025/07/02/restored-republic-via-a-gcr-update-as-of-july-2-2025/

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

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

Frank26  When they say this is the resumption of oil, that's because there's a change in something somewhere. It definitely clears the way for the salaries that have been longing for a new exchange rate, the HCL, the retirees, the lower notes, the gazette, the budget, the contracts, everything that has been guaranteed.  Everything is waiting for the new exchange rate and the evidence of it is so strong...1310 is not the future of Iraq any longer...

Sandy Ingram  In June the World bank approved a $930 million loan for the Iraq railways extension and modernization project connecting Umm Qasr in the South and Mosul in the north.  This investment will boost domestic trade, create jobs and reduce reliance on oil exports which is necessary for a revalue of the IQD.

How The World Is Quietly Preparing for a Gold-Backed BRICS Currency

Gold Core TV:  7-1-2025

The upcoming #BRICS summit isn’t just another diplomatic gathering. It could mark a turning point in global finance.

 Behind the scenes, there are credible signals that the BRICS nations Brazil, Russia, India, China, and South Africa are laying the groundwork for a new financial system.

One that might pivot away from the #USdollar and place commodities, especially gold, at its core.

In this video, we explore why this moment is different, and what it means for the future of money, power, and trust in a rapidly fragmenting world.

We cover: Why trust in the current global financial system is fading

How sanctions and asset freezes have pushed countries to rethink reserves

The strategic role of gold in bypassing politicized financial infrastructure

 BRICS settlement initiatives, currency realignment, and #gold as a neutral anchor

Record-breaking gold purchases by central banks around the world

Growing calls in Europe to repatriate sovereign gold reserves

 Why retail investors are lagging behind and what they may be missing

This isn’t about short-term price action. It’s about the signals behind the surge. Gold is being redefined from hedge to foundation, from asset to anchor.

https://www.youtube.com/watch?v=Xjwfbn3hmTk

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

U.S. Dollar To Stay Under Pressure From Tariff, Debt And Rate Cut Expectations

U.S. Dollar To Stay Under Pressure From Tariff, Debt And Rate Cut Expectations

By Sarupya Ganguly  Wed, July 2, 2025 

BENGALURU (Reuters) -The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff policies and rising interest rate cut expectations.

Growing unease over President Donald Trump’s on-again off-again tariffs, and a tax-cut and spending bill that is expected to add $3.3 trillion to the national debt, have led to a scurry of investor outflows from dollar-denominated assets in recent months.

U.S. Dollar To Stay Under Pressure From Tariff, Debt And Rate Cut Expectations

By Sarupya Ganguly  Wed, July 2, 2025 

BENGALURU (Reuters) -The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff policies and rising interest rate cut expectations.

Growing unease over President Donald Trump’s on-again off-again tariffs, and a tax-cut and spending bill that is expected to add $3.3 trillion to the national debt, have led to a scurry of investor outflows from dollar-denominated assets in recent months.

A surge in the "term premium" - compensation investors demand to hold longer-term debt - has also contributed to a nearly 11% dollar decline against a basket of major currencies this year and to a three-and-a-half-year low against the euro and sterling last week.

Recent data from the Commodity Futures Trading Commission also showed the short-dollar trade was at a near two-year high, suggesting further weakness may be in the offing.

Asked how that positioning would change by end-July, more than 80% of FX analysts in a June 27-July 2 Reuters poll, 42 of 52, said it would broadly hold or net-shorts would increase.

A majority of these same FX analysts surveyed by Reuters in April and again in May had already concluded the reserve currency’s "safe haven" shine had partly eroded

"We are expecting a weaker U.S. dollar in the coming months," said Jennifer Lee, senior economist at BMO Capital Markets.

"The recent budget, the inflationary impact tariffs are going to have and what that means for the Federal Reserve, and the pointed comments President Trump is using against Fed Chair Jerome Powell - all of that doesn't bode well for the overall U.S. economic outlook at least over the rest of the year."

Trump has repeatedly demanded immediate and deep rate cuts. Powell, whose term ends in May 2026, reiterated on Tuesday the central bank's plan was to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates.

TARIFF NEGOTIATIONS

Asked what would be the main driver for the U.S. dollar over the coming month, nearly 37% of respondents, 22 of 60, said "tariff negotiations". Attention will now turn to Trump's next move after the July 9 expiry of a 90-day pause on sweeping tariffs he announced in early April.

Eighteen respondents said "interest rate differentials", which have not been important in recent months - with the euro surging while the European Central Bank was cutting rates and the Fed on hold all year.

Thirteen said "portfolio diversification", supporting findings from a June survey where a near-90% majority of FX strategists said demand for dollar assets would decline.

Seven chose "debate over Fed independence".

TO READ MORE:

https://www.yahoo.com/finance/news/u-dollar-stay-under-pressure-114858791.html

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

Seeds of Wisdom RV and Economic Updates Wednesday Morning 7-2-25

Good Morning Dinar Recaps,

Ripple and OpenPayd Partner to Deliver Enterprise-Ready Stablecoin and Payment Infrastructure

LONDON, UK – July 2, 2025 – In a landmark move for blockchain and fintech integration, Ripple has announced a strategic partnership with OpenPayd, a leading provider of financial infrastructure. The collaboration aims to deliver compliant, scalable, and efficient payment solutions for enterprise clients, bridging the gap between traditional finance and blockchain.

Good Morning Dinar Recaps,

Ripple and OpenPayd Partner to Deliver Enterprise-Ready Stablecoin and Payment Infrastructure

LONDON, UK – July 2, 2025 – In a landmark move for blockchain and fintech integration, Ripple has announced a strategic partnership with OpenPayd, a leading provider of financial infrastructure. The collaboration aims to deliver compliant, scalable, and efficient payment solutions for enterprise clients, bridging the gap between traditional finance and blockchain.

Unified Payment Rail for Enterprise Clients

Through the agreement, OpenPayd’s global fiat infrastructure — including real-time payment rails, multi-currency accounts, and virtual IBANs — will support Ripple Payments in EUR and GBP. Ripple Payments, the company’s cross-border payments platform, leverages blockchain and digital assets to offer fast, transparent, and reliable international transactions.

“Ripple has long been a pioneer in blockchain-based payments,” said Iana Dimitrova, Chief Executive at OpenPayd.
“By combining Ripple Payments with OpenPayd’s rail-agnostic and interoperable fiat infrastructure, we’re delivering a unified platform that simplifies global money movement and cross-border treasury management.”

Direct Access to RLUSD Stablecoin Infrastructure

The partnership also marks a major leap for stablecoin innovation. OpenPayd will enable direct minting and burning of Ripple USD (RLUSD), Ripple’s enterprise-grade, USD-denominated stablecoin. Businesses will gain seamless access to embedded accounts, payments, trading, and fiat–stablecoin conversion — all via a single API.

“The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets,” said Jack McDonald, SVP of Stablecoins at Ripple.
“Our collaboration with OpenPayd gives enterprises reliable access to RLUSD, combining the stability and compliance they expect with the blockchain connectivity they need.”

Enterprise-Scale Use Cases

This combined infrastructure supports a wide range of enterprise applications, including:

  • Cross-border payments

  • Global treasury management

  • Dollar liquidity access at scale

  • Stablecoin-powered dollar operations

As demand for real-time, compliant global infrastructure grows, the partnership aims to future-proof enterprise payment strategies.

Ripple’s Global Reach

Ripple Payments now covers 90+ payout markets, representing over 90% of global daily FX volume, with more than $70 billion processed to date. The company’s secure, regulatory-compliant infrastructure positions it as a leader in providing core digital asset services for financial institutions.

@ Newshounds News™
Source
Ripple Press Release

~~~~~~~~~

Big Beautiful Bill Passes Without Crypto Tax Relief – Snorter Bot Emerges as Market Alternative

WASHINGTON, D.C. – July 2025 – In a narrow 51–50 vote, the U.S. Senate has passed the 'One Big Beautiful Act,' a sweeping budget reconciliation bill backed by President Donald Trump. While the legislation delivers major fiscal reforms, it notably excludes crypto tax relief, despite strong lobbying from digital asset advocates.

The bill now returns to the House of Representatives for a second vote before heading to the president’s desk. But for now, crypto tax reform is off the table — a setback for the growing number of Americans using digital currencies in everyday life.

Senate Rejects Key Crypto Tax Amendment

Among the most anticipated proposals was an amendment by Senator Cynthia Lummis, which aimed to exempt crypto transactions under $300 from capital gains tax, capped at $5,000 annually. The amendment received vocal support from Gemini co-founder Tyler Winklevoss and BTC Inc.’s David Bailey, but was ultimately left out of the final package.

“It’s still a major step in the right direction,” said Lummis, calling the broader bill a win for “working families across Wyoming.”

Despite this optimism, the lack of tax clarity leaves many retail investors wary, especially when using crypto for small, everyday purchases. The omission also increases the appeal of decentralized platforms that bypass centralized tax reporting requirements.

Snorter Bot Offers a Workaround: Fast, Low-Fee Solana Trading

In contrast to legislative inaction, innovation in crypto trading is advancing rapidly. A standout example is the upcoming launch of Snorter Bot, a Telegram-based trading tool built on Solana, offering sub-second trade speeds and industry-low fees of just 0.85%.

The bot is designed to help users:

  • Auto-snipe emerging tokens before they trend

  • Flag potential scams and honeypots

  • Execute trades faster than competitors like Maestro, Bonk Bot, and Banana Gun

Snorter Bot’s utility is powered by $SNORT, its native token. Holding $SNORT unlocks:

  • Reduced trading fees

  • Premium bot features

  • Staking rewards up to 236% APY

  • DAO voting rights for future platform upgrades

With over $1.4 million raised in presale since May 28, 2025, $SNORT is emerging as a powerful alternative for retail traders looking to stay agile amid regulatory limbo.

From Regulation Gridlock to On-Chain Agility

While the Senate’s decision may frustrate crypto enthusiasts, it underscores a growing reality: technology is evolving faster than regulation.

“As policymakers stall, Snorter could soon empower everyday users to make decentralized trades with unbeatable fees and real on-chain utility,” said a representative from the Snorter development team.

The project is also preparing to expand beyond Solana, eyeing major EVM-compatible chains to build a multi-chain, future-ready trading platform.

$SNORT is currently priced at $0.0971, with projections estimating a potential rise to $0.94 post-exchange listing — an 868% upside. However, as always in crypto: Do Your Own Research (DYOR) and never invest more than you’re prepared to lose.

@ Newshounds News™
Source
Bitcoinist

~~~~~~~~~

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“Tidbits From TNT” Wednesday Morning 7-2-2025

TNT:

Tishwash:  Economist: Most of the money supply is outside banks for this reason

Economic researcher Diaa Abdul Karim believes that most of the money supply is now outside banks due to citizens' loss of confidence in the Iraqi banking system.

Abdul Karim told Al-Maalouma, “There is a lack of confidence among citizens in the existing banking system, due to fears of sanctions, bank robberies, or a collapse of the political system, which would have repercussions for the banks.”

He added, "This fear is leading citizens to turn away from banks, with most of the cash stock now stored in homes. The banking system is supposed to work to withdraw this cash and transfer it to electronic and credit cards, so that spending shifts to cards instead of cash."

TNT:

Tishwash:  Economist: Most of the money supply is outside banks for this reason

Economic researcher Diaa Abdul Karim believes that most of the money supply is now outside banks due to citizens' loss of confidence in the Iraqi banking system.

Abdul Karim told Al-Maalouma, “There is a lack of confidence among citizens in the existing banking system, due to fears of sanctions, bank robberies, or a collapse of the political system, which would have repercussions for the banks.”

He added, "This fear is leading citizens to turn away from banks, with most of the cash stock now stored in homes. The banking system is supposed to work to withdraw this cash and transfer it to electronic and credit cards, so that spending shifts to cards instead of cash."

He explained that "the size of the monetary mass outside banks is estimated at more than 70 trillion dinars, and that the government's measures, although an attempt to withdraw the monetary mass, will not push citizens toward strengthening their confidence in the banking system."  link

Tishwash:  After failing to reach an agreement with Baghdad, a key government meeting was held in Erbil.

The Kurdistan Regional Government will hold a session tomorrow, Wednesday, to discuss the May and June salaries, while the re-export of the region's oil will be another topic of discussion.

According to information available to Al-Masry, the Kurdistan Regional Government's Council of Ministers will hold a session tomorrow to discuss the results of the region's delegation's meetings with the federal government.

The Kurdistan delegation's meetings in Baghdad over the past few days have yielded no results, despite assurances from MPs and political sources that an agreement is close to being reached on salaries and the resumption of the region's oil exports.

According to sources, the federal government is expected to send May salaries until Erbil and Baghdad reach an agreement on oil exports and the release of half of the region's oil revenues.  link

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

Tishwash:  Al-Nusairi: The Central Bank is making fruitful efforts in the first half of 2025 to achieve the comprehensive banking reform project.

Economic and banking advisor Samir Al-Nusairi affirmed on Wednesday that the Central Bank's measures and efforts during the first half of 2025 were fruitful in implementing the objectives of the comprehensive banking reform project, in cooperation with the government and international consulting and auditing firms, particularly Oliver & Wyman, and the goals and initiatives of its third strategy for 2024-2026.  

Al-Nusairi spoke about the challenges facing the Iraqi economy and the opportunities for reforming the banking sector within the government's framework, as well as the prospects of the Central Bank's future vision for the role of the banking sector in sustainable development. He also spoke about the efforts currently being made to activate and revolutionize productive economic sectors other than oil, to diversify sources of national income and achieve financial sustainability, and the role of the Central Bank in regulating foreign trade financing.

Completing infrastructure projects to achieve comprehensive digital transformation and expanding the use of electronic payment tools to achieve financial inclusion.

Al-Nusairi explained that opportunities for reforming and developing the banking sector in 2025 are based on the following objectives:

First: Developing the Iraqi banking system and its compliance with international banking and accounting standards. 

 Second: Enhancing citizens' confidence in the banking sector locally, and internationally recognizing its transparency, progress, and strict adherence to international standards, and gaining the trust of reputable correspondent banks to deal with it.

 Third: Transforming banks to their primary function, which is financing and bank lending for development. Strengthening financial inclusion and increasing its current rate as planned.

Fourth: Banks that do not provide loans and banking facilities that contribute to development, as they are the lever of sustainable development, lose their meaning as banks, which requires a specific position from the Central Bank in 2025.

Fifth: Strengthening procedures and decisions to transition from a cash economy to a digital economy and withdrawing funds outside the banking cycle and bringing them into the banking system.

He pointed out that all the above objectives, although the period specified for their implementation according to the banking reform project and the Central Bank strategy ranges between (1-4 years), what was achieved in 2023 and 2024 until 6/30/2025 constitutes ambitious percentages as announced, which led to the evaluation and classification of banks based on their achievement of the planned objectives.

There are banks moving towards the required development and banks that still need an additional period of time to achieve the objectives, and there are troubled banks that are now making exceptional efforts from the Central Bank and the administrations of these banks to rehabilitate them.  link

Mot: Ya Gots to Love Da Farmers OUt There!!!! 

Mot:  Yeppers!!! -- Every Now and Then Ya Gots to ~~~~~

 

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Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20

MilitiaMan and Crew:  Iraq Dinar- Oil & Salary file-Electronic Payments-Reduce note count

MilitiaMan and Crew:  Iraq Dinar- Oil & Salary file-Electronic Payments-Reduce note count

7-1-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

BREAKTHROUGH IN IRAQ: Oil and Salary Agreements Between Baghdad and Kurdistan

In today's video, we delve into a significant development in Iraq's economic landscape as Baghdad and the Kurdistan region reach a breakthrough on the pressing oil and regional salary issues.

MilitiaMan and Crew:  Iraq Dinar- Oil & Salary file-Electronic Payments-Reduce note count

7-1-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

BREAKTHROUGH IN IRAQ: Oil and Salary Agreements Between Baghdad and Kurdistan

In today's video, we delve into a significant development in Iraq's economic landscape as Baghdad and the Kurdistan region reach a breakthrough on the pressing oil and regional salary issues.

This landmark agreement marks a turning point in the relationship between the central government and the Kurdistan Regional Government, paving the way for greater financial stability and cooperation.

Adoption of Electronic Payments We explore the new move towards electronic payments aimed at reducing cash transactions. This shift not only modernizes the payment system but also enhances transparency and efficiency in financial dealings.

 Comprehensive Banking Reforms Additionally, we discuss the comprehensive banking reforms being implemented, which signal potential changes in Iraq's currency, including revaluation and or a redenomination. These reforms reflect Iraq's commitment to strengthening its economy and improving the financial well-being of its citizens.

 Join us as we analyze the implications of these developments for Iraq's economy, its citizens, and the broader Middle Eastern region.

Join us for an insightful discussion and expert analysis on these pressing issues.

https://www.youtube.com/watch?v=H5A_h0X4mCI

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Woman Swindled Out Of Thousands Of Dollars In Airline Scam

Woman Swindled Out Of Thousands Of Dollars In Airline Scam

Unfortunately, these cons are common

Tamara Gane  Updated Sun, June 22, 2025

Family vacations are exciting, but they can also present an opportunity for scam artists. Just ask a mom named Haylee who booked 11 flights on American Airlines for an upcoming cruise.

She explained in a recent TikTok video that both her daughter and niece are on the autism spectrum. She called the airline to check to see if accommodations like early boarding were available to make their travel day easier.

Woman Swindled Out Of Thousands Of Dollars In Airline Scam

Unfortunately, these cons are common

Tamara Gane  Updated Sun, June 22, 2025

Family vacations are exciting, but they can also present an opportunity for scam artists. Just ask a mom named Haylee who booked 11 flights on American Airlines for an upcoming cruise.

She explained in a recent TikTok video that both her daughter and niece are on the autism spectrum. She called the airline to check to see if accommodations like early boarding were available to make their travel day easier.

A Call Gone Wrong

Haylee looked up the number for American Airlines. At least, that was her intention. In the video, she said, “I guess I must’ve not clicked the number because it rerouted the page."

Unaware that anything was amiss, she clicked the first number. A male voice answered the phone, asking for the flight confirmation numbers for the family’s upcoming trip.

An Offer That Seemed Too Good To Be True

Once he had the confirmation numbers, he was able to look up the flight information. He read it back to them, along with the last four digits of the two credit cards used to book the flights. This assured Haylee he was legit but unfortunately, this information is accessible to anyone with a person’s last name and confirmation number.

The man told Haylee he could give her a discount of $150 per ticket, priority boarding, and seats in the front of the plane. But there was a catch. According to Haylee, he said:

“I have to refund both of the cards, which could take 7-20 business days.

After he claimed to have processed the refund on the two cards, he informed her that he would put the flight on a single card. The new total would be $5,250, a $1,600 discount off the original flight cost.

A Suspicious Email

Haylee provided the man with some additional information, including her credit card number. He charged the card and sent her a confirmation email.

This is when Haylee realized something was wrong. The email said it was from “flight trip.” She thought she’d called American Airlines, so this didn’t make sense.

She quickly opened her American Airlines app. Her original flights were there. No changes had been made. At that point, Haylee realized she’d been scammed.

She immediately locked her credit cards and disputed the charge with her company.

How To Avoid Falling For A Similar Scam

Unfortunately, this is a common con. So common that the Federal Trade Commission (FTC) has an entire page devoted to scammers impersonating airline representatives. This is how they suggest you keep your personal information and your credit card numbers safe:

TO READ MORE:  https://www.yahoo.com/creators/lifestyle/story/woman-swindled-out-of-thousands-of-dollars-in-airline-scam-022249321.html

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