Seeds of Wisdom RV and Economic Updates Friday Morning 7-11-25

Good Morning Dinar Recaps,

Dollar Supremacy Threatened: The U.S. Bets Big on Stablecoins to Halt Global De-Dollarization

As global confidence in the U.S. dollar continues to erode, the United States is making a bold play: stablecoins. With inflation-ridden emerging markets drifting toward alternative currencies and geopolitical rivals advancing multipolar monetary models, Washington is now pivoting to digital finance as a last line of defense.

Dollar Weakens Despite High Rates, Tariffs, and Sanctions

The numbers paint a stark picture. The dollar just marked its worst semester since 1973, with over a 10% drop in value, according to ABC News. Even high Treasury yields are failing to entice investors. A viral post from Global Markets Investor summed up the sentiment:

“The dollar continues to fall despite high yields on Treasury bonds. There may no longer be enough demand for American assets. This calls into question its role as the world reserve currency.”

The dollar's share of global foreign exchange reserves has slipped from 70% in 2000 to just 55% today, according to Sygnum. While Washington responds with tariffs—most recently 50% levies on BRICS and anti-dollar economies—those same moves risk weakening international trust.

Even legendary investors like Warren Buffett have warned of a dollar in decline, with Robert Kiyosaki, Arthur Hayes, and Donald Trump echoing fears of a monetary collapse.

Enter the GENIUS Act: The U.S. Stablecoin Strategy

To counter this erosion, the U.S. is pushing forward a digital policy anchored in blockchain: the GENIUS Act. Backed by Trump, David Sacks, and Scott Bessent, and passed in the Senate, the legislation provides a regulatory framework for dollar-pegged stablecoins.

These digital dollar proxies are rapidly becoming a geopolitical tool. Their strategic appeal? Offering economic stability in inflation-stricken emerging nations, where local currencies are crumbling.

“Global demand for dollar stablecoins is a geopolitical opportunity to maintain US monetary dominance.”
— Sygnum report

Institutions like Fireblocks and Sygnum are already building instant settlement networks with stablecoins. Meanwhile, countries like the UAE are experimenting with dirham-backed stablecoins, highlighting the global momentum.

But not everyone is on board. In April, Italy’s Finance Minister warned that U.S. stablecoin policy may pose greater risks than tariffs—a reflection of growing European unease with Washington's digital power projection.

A Bandage or a Backfire? The Limits of the Stablecoin Gamble

While stablecoins offer short-term utility, they may be masking a deeper systemic decline. The Sygnum report cautions:

“If the decentralized economy expands, dollar dominance can be reinforced by stablecoins. However, their impact will remain limited without massive adoption in Southern countries.”

At its core, the stablecoin strategy doesn’t fix budget deficits, geopolitical mistrust, or U.S. debt dependency. In fact, widespread stablecoin usage could accelerate the visibility of dollar weakness—broadcasting it to a global audience in real time.

Meanwhile, the BRICS Quietly Advance a Multipolar Order

While the U.S. pursues dominance through digital dollars, the BRICS alliance (Brazil, Russia, India, China, South Africa) is quietly developing multi-currency trade systems, with aims to bypass the greenback altogether.

Although the 2025 BRICS summit notably omitted any formal de-dollarization plan, the group continues to explore alternatives to U.S.-led monetary infrastructure—including local currency settlements, sovereign digital currencies, and tokenized trade mechanisms.

Key Facts & Figures

• 📉 Dollar share of global reserves: down from 70% (2000) to 55% (2025)

• 🧾 GENIUS Act: passed by Senate, establishes rules for USD-backed stablecoins

• 🌍 BRICS strategy: focus on regional trade settlement systems, not dollar replacement

• ⚡ Fireblocks & Sygnum: deploying stablecoin-based instant settlement networks

• 🚨 Italy warns: stablecoins pose “a greater danger than tariffs”

Final Thought

Stablecoins might extend the life of the dollar, but they cannot rebuild global trust or reform fiscal realities. As even Elon Musk warns of a looming U.S. debt crisis, it's increasingly clear: digital fixes can’t patch structural cracks.

What began as a tool of stabilization could ultimately highlight the monetary fragmentation the U.S. is trying to avoid.

@ Newshounds News™
Source: The Coin Tribune

~~~~~~~~~

Ripple Picks BNY Mellon to Back RLUSD Stablecoin Amid $500M Surge

Ripple has officially partnered with BNY Mellon, the oldest U.S. bank, to custody reserves for its RLUSD stablecoin, marking a major moment for institutional adoption of digital assets. In just seven months, RLUSD has surged past $500 million in market cap, with Ripple rapidly expanding its institutional reach and regulatory alignment.

Wall Street Backs Ripple’s Stablecoin

The partnership between Ripple and BNY Mellon represents a leap forward for RLUSD's credibility and regulatory posture. BNY Mellon will act as the primary custodian of RLUSD’s reserves, which are fully backed 1:1 by U.S. dollars and Treasuries.

“As primary custodian, we are thrilled to support the growth and adoption of RLUSD by facilitating the seamless movement of reserve assets and cash to support conversions.”
— Emily Portney, Global Head of Asset Servicing, BNY Mellon

The move strengthens Ripple’s pitch to regulators and institutional players, sending a strong message: Ripple is playing by the rules—and winning.

RLUSD Rockets to $500M Market Cap

Launched in December 2024, RLUSD has seen explosive growth in a short time, quickly emerging as a key player in the U.S. stablecoin race. It was built for real-world payments and XRP interoperability, and it’s already being used across RippleNet’s enterprise and liquidity solutions.

Ripple’s approach to full collateralization and transparency has positioned RLUSD as a reliable choice amid increasing global scrutiny of stablecoins.

Ripple Applies for U.S. Banking Charter

Ripple isn’t stopping at partnerships. The firm has applied for both a U.S. national banking charter and a Federal Reserve master account—moves that would allow Ripple to:

• Hold customer reserves directly with the Fed

• Access FedWire and other central bank services

• Deepen integration with traditional banking infrastructure

This marks a major institutional play and reflects Ripple’s broader ambition to bridge crypto and traditional finance.

Stablecoin Summer: A U.S. Crypto Renaissance

With Congress advancing the GENIUS Act and Trump’s administration easing restrictions, a U.S.-led crypto resurgence is in full swing. Ripple’s RLUSD is riding this wave, joining the likes of Amazon, Uber, Airbnb, Apple, and Walmart, all reportedly exploring stablecoin integrations.

This “Stablecoin Summer” could reshape the way digital dollars move through the economy.

Swiss Banking Giant AMINA Adds RLUSD Support

Ripple’s global expansion is also accelerating through AMINA Bank, a Swiss institution regulated by FINMA. AMINA is now offering custody and trading services for RLUSD via its secure, bank-grade digital platforms.

This brings RLUSD to Europe’s institutional clients, reinforcing its role as a trusted global digital dollar.

What’s Next?

With the BNY Mellon partnership live, a banking charter pending, and global traction rising, Ripple’s RLUSD may soon cross the $1 billion mark in market cap.

If current momentum holds, Ripple could soon set the standard for regulatory-compliant stablecoins in the U.S. and beyond.

@ Newshounds News™
Source: Coinpedia

~~~~~~~~~

India Distances Itself From BRICS to Secure Trade Deals With the U.S.

In the face of rising geopolitical tensions and newly imposed U.S. tariffs, India is subtly distancing itself from BRICS to preserve its economic relationship with the United States. By reaffirming its commitment to the U.S. dollar, India is making it clear: it has no immediate plans to pursue de-dollarization alongside its BRICS partners.

India Moves to Avoid Trump’s Tariff Threats

With former President Donald Trump back in the spotlight and pushing aggressive tariff policies, India is navigating cautiously. According to Bloomberg, Indian officials are proactively communicating to Washington that they are not undermining the greenback in global trade. This strategy is seen as a bid to remain exempt from Trump’s escalating tariffs.

Trump's approach has already been demonstrated. On Wednesday, he imposed a 50% tariff on Brazilian goods, just two days after the BRICS 2025 summit, where both India and Brazil played key roles.

“Trump is unhappy with some BRICS members (India) who have been talking about an alternate reserve currency,”
— Mohan Kumar, Envoy to the WTO

India has consistently clarified that it supports local currency trade, but does not endorse abandoning the dollar as a reserve currency—drawing a sharp line between trade facilitation and geopolitical challenge.

India Seeks Favor With U.S. to Strengthen Bilateral Ties

Indian trade officials are working hard to finalize favorable trade agreements and avoid falling under Trump’s protectionist radar. The goal: secure economic deals and avoid retaliatory tariffs that could harm its export sectors.

In contrast to Brazil’s vocal opposition, India is positioning itself as a strategic partner to the United States. Trump’s Vice President, J.D. Vance, recently praised India’s economic potential and emphasized the strategic importance of the alliance.

“The fate of the 21st Century is going to be determined by the strength of the United States and India partnership,”
— Vice President J.D. Vance

This public endorsement signals a growing bond between the two countries, even as BRICS faces internal contradictions regarding de-dollarization and alternative reserve systems.

Key Developments

• 🇮🇳 India reaffirms support for USD in global trade to avoid Trump’s tariff crackdown

• 🇺🇸 Trump imposes 50% tariffs on Brazil, showing seriousness in punishing anti-dollar policies

• 🌐 India draws a line between local currency settlements and de-dollarization efforts

• 💬 VP J.D. Vance calls India a vital U.S. ally for shaping the 21st-century economy

• 🤝 New Delhi remains active in securing trade deals and maintaining economic stability

Final Thought

India’s strategic pivot shows how even BRICS members are not united on de-dollarization. As Trump’s economic pressure grows, national interests are reshaping alliances. For India, economic pragmatism is winning over ideological alignment—choosing U.S. trade over BRICS confrontation, at least for now.

@ Newshounds News™
Source: Watcher.Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Tidbits From TNT” Friday Morning 7-11-2025

TNT:

Tishwash:  American magazine: Iraq quietly re-enters international trade

A report by the American economic analysis magazine Procurement Magazine examined the significant economic and geopolitical benefits and returns of the Iraqi Development Road initiative, extending from the Grand Faw Port to the Turkish border.

The report noted that it will be a viable alternative to other trade channels, competing with them in terms of shorter distances and lower costs, transforming the country into a regional logistics hub while creating a multi-source economy beyond oil alone.

The report notes that Iraq's Development Road project represents a transformative $17 billion infrastructure initiative aimed at connecting the Gulf to Europe. With global shipping facing challenges stemming from regional instability and bottlenecks such as the Suez Canal, Iraq is quietly redefining its role in international trade.

This logistics corridor, stretching from the Grand Faw Port in southern Iraq to the Turkish border, represents a strategic alternative that will reshape supply and transportation chains between Asia and Europe.

This major project has been described as "one of the most important infrastructure projects in Iraq since the 1920s." This faster route delivers direct benefits to procurement by enabling faster supply routes, reducing storage costs, and improving responsiveness to market changes.

The global importance of Iraq's development route has been highlighted amid the ongoing Red Sea crisis, exacerbated by conflicts in the Middle East, where shipping delays have become commonplace. In this context, the Iraqi land corridor offers a practical alternative. In recent weeks, truck drivers from Poland and Germany have completed journeys from Europe to the Gulf via Iraq in just ten days, less than half the time required by sea through the Suez Canal.

The journey from Turkey to Kuwait now takes just seven days, and digital border crossings have reduced waiting times by 92%. The TIR (Terrestrial International Transports International) system, which ensures the safe and efficient movement of goods across borders, is already operational, enhancing the flow of cross-border procurement and supply chains. Hamad Al-Hakim, a transport infrastructure expert at the University of Baghdad, told the Middle East Observer earlier this year:

 “The development road is expected to become a vital trade corridor, not only for Iraq but for the entire region. By connecting the Gulf to Europe via Turkey, it will serve as a new Silk Road, revitalizing ancient trade routes and promoting economic integration.” This corridor provides a practical alternative to the Suez Canal, meaning greater route diversification and a reduced risk of disruption, thus ensuring more reliable supply chains.

At the heart of the Iraq Development Road project is the Grand Faw Port, currently under construction in the city of Al-Faw. This deep-water port features the world's longest breakwater, at 14.5 kilometers long, and is expected to handle 7.5 million containers annually, capable of receiving the world's largest container ships. A 1,200-kilometer road and railway extend from the port to Turkey, and the project is expected to be fully operational by 2028. In addition to the transportation infrastructure, the project plans to develop at least ten new cities along the railway route, along with several industrial zones and logistics centers. The development of these areas will provide new opportunities for local supply.

The development road is not just a logistics project; it represents a geopolitical transformation, charting Iraq's transformation from a war-torn country to a pivotal regional link. The project is supported by Turkey, Qatar, and the United Arab Emirates, who recognize its potential to boost regional trade and reduce reliance on vulnerable maritime routes.

Kurdistan Region President Nechirvan Barzani said of the project: "The Development Road Project represents a crucial step towards building a more stable and prosperous Iraq, based on a diversified economy and enhancing regional cooperation with neighboring countries."

Türkiye's participation is pivotal, as it represents the northern endpoint of the corridor, which will connect to Europe via the cities of Mersin and Istanbul.

"The project provides a catalyst for economic prosperity that can benefit the entire region," said Ranj Alaaldin, a fellow at the Middle East Council on International Affairs. As global trade networks seek to bolster their resilience in the face of geopolitical volatility, Iraq is proving to offer not just a backup plan but potentially a major new artery for trade. This project will redraw the region's economic map, transforming Iraq into an alternative trade artery at the heart of Eurasia. This means transforming the country from an importer of opportunities to an exporter of corridors, creating a diversified economy that moves away from its reliance on oil alone.  link

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

Tishwash:  Next Monday, the Federal Court will consider two lawsuits related to the payment of salaries to Kurdistan Region employees.

The Federal Supreme Court is scheduled to hold its first session next Monday (July 14, 2025) to consider two lawsuits related to the payment of salaries to employees in the Kurdistan Region. 

In the first lawsuit, filed against Federal Finance Minister Taif Sami, the plaintiffs demanded “to ensure that the Federal Ministry of Finance continues to pay salaries in the Kurdistan Region on a monthly basis and on the specified dates, without regard to disputes between the federal government and the regional government due to the interpretation of the federal general budget law or any other reasons.”

According to the text of the lawsuit, the request included issuing a judicial order obligating the Federal Ministry of Finance to pay the salaries of employees, retirees, martyrs’ families, and social welfare beneficiaries in the region “immediately,” starting this month and until the resolution of this lawsuit.

In the same context, the court is considering another lawsuit, also without pleading, filed against the Prime Minister and the Federal Minister of Finance, each in his official capacity.

In their statement of claim, the plaintiffs demanded “a ruling to keep the salaries of employees in the Kurdistan Region away from political conflicts and actual agreements.”  link

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

Tishwash:  Iraq launches project to issue local electronic payment cards

 Iraq has launched a project to issue a local electronic payment card, aiming to enhance financial trust between the public and the government. This is part of Baghdad's efforts to strengthen its digital infrastructure and provide secure and reliable electronic payment solutions that support the national economy.

The Central Bank of Iraq confirmed - in an official letter addressed to all banks and electronic payment companies - that this national system for local electronic payment cards will be implemented gradually, and that the card identifiers (BIN) and application identifiers (AID) will be issued exclusively by the Central Bank.

The cards represent an additional local option for use within Iraq exclusively in Iraqi dinars. The bank emphasized that they do not replace or restrict existing international cards such as Visa Card and MasterCard, but rather complement the financial system and provide a national alternative, according to the bank.

Release date

Government economic advisor Alaa Al-Fahd expects the national electronic payment card to be launched before the end of 2025, as part of the Central Bank of Iraq's efforts to implement comprehensive financial and banking reforms.

Al-Fahd told Al Jazeera Net that this national card will achieve several key objectives, most notably improving the quality of financial services and reducing fees. It will be a purely local card, he emphasized, noting that it will not replace existing international cards, such as Visa and MasterCard, but will work in tandem with them to enhance the options available to citizens.  link 

Mot .. Not Funny – K 

Mot:  . Grandma Always Said

Inside China & Russia's Basel III Gold Strategy

Inside China & Russia's Basel III Gold Strategy

Miles Harris:  7-10-2025

The global financial crisis of 2008 exposed vulnerabilities in the banking system, leading to the creation of Basel III.

Designed to fortify the global banking system, Basel III aimed to prevent future crises by imposing higher capital and funding costs on assets deemed riskier or less liquid. However, one surprising casualty of this rigorous framework has been the traditional role of gold within commercial banking portfolios.

At its core, Basel III sought to create a more resilient financial landscape. This meant increasing the stability of banks by ensuring they held sufficient capital to absorb potential losses and had adequate liquidity to meet their obligations.

This framework imposes heightened capital and funding requirements on assets deemed riskier or less liquid. Curiously, within this rigorous framework, gold found itself categorized as a “less liquid” asset. This classification immediately introduces significant liquidity costs, making it inherently more expensive for banks to hold.

The most impactful change, however, came with the Net Stable Funding Ratio (NSFR). Even when gold was securely allocated and held, Basel III assigned it a substantial 85 percent funding requirement under the NSFR. This marked a dramatic departure from its treatment under previous regulatory frameworks like Basel II, fundamentally altering the economics of holding gold.

 For any large commercial bank, maintaining significant gold positions essentially became economically unviable, if not “nearly unworkable,” due to these prohibitive costs and capital charges. The rationale being that even highly liquid assets require stable funding sources.

Yet, as major Western banks find themselves effectively deterred from accumulating substantial gold reserves, a contrasting trend emerges from the East. Gold-producing powerhouses like China and Russia have skillfully navigated these regulatory waters. Leveraging their unique positions as primary producers and perhaps national regulatory flexibilities, these nations have been actively amassing significant gold reserves. This divergence creates a fascinating geopolitical dynamic, where the West’s financial regulations discourage gold accumulation by its commercial banks, while key players in the East are strategically strengthening their reserves.

The treatment of gold under Basel III presents a paradox: an asset historically viewed as a safe haven and store of value is now burdened with significant costs for banks.

This regulatory shift raises questions about the long-term implications for global financial systems, the role of central banks versus commercial banks in gold holdings, and the evolving power dynamics in the international monetary landscape.

For a deeper dive into these complex financial mechanics and their broader implications, watch the full video from Miles Harris for further insights and information.

00:00 Intro

01:26 Russia & China's Workaround

 02:12 Inside China's Gold Accumulation Complex

03:45 Russia's Sanction Strategy

05:28 How their banks are doing what the west's can't

 06:53 The Numbers Behind the Strategy

07:43 Basel III: A strategic tool, not a constraint

https://www.youtube.com/watch?v=0vEya9Q9JL8

Iraq Economic News and Points To Ponder Thursday Evening 7-10-25

Iraq Affirms Its Keenness To Enhance Cooperation With The United States

Political | 10/07/2025Mawazine News - Baghdad -  Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein affirmed on Thursday the Iraqi government's keenness to enhance cooperation with the United States.

The ministry said in a statement received by Mawazine News that "Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, met with the Chargé d'Affaires at the US Embassy in Iraq, Ambassador Stephen Fagin." The ministry added that "the meeting discussed the latest developments in the political situation in Iraq, especially the relationship between the federal government and the Kurdistan Regional Government, with a focus on financial challenges and related problems."

He continued, "The two sides touched on the conditions of American companies operating in the Kurdistan Region, and the relations between Baghdad and Erbil regarding the management of oil extracted from fields located within the region."

According to the statement, Fuad Hussein stressed "the importance of reaching realistic solutions that ensure the equitable management of national wealth and achieve the public benefit of Iraq."

During the meeting, the minister affirmed "the Iraqi government's keenness to enhance cooperation with the United States in various fields, and to support political and economic stability in the country, in a way that serves the common national interest."  https://www.mawazin.net/Details.aspx?jimare=263701

Rafidain Bank Announces Raising Electronic Tax Settlements To More Than 4 Trillion Dinars During The First Half Of This Year.

Thursday, July 10, 2025 | Economic Number of reads: 141  Baghdad / NINA / Rafidain Bank announced, on Thursday, that electronic collection settlements increased to more than 4 trillion dinars during the first half of the current year 2025.

The bank said in a statement: "It achieved a qualitative leap in the volume of electronic collection settlements transferred to government departments, as the total settlements implemented in the first half of 2025 exceeded 4.03 trillion dinars, compared to about 1.89 trillion dinars in the same period in 2024, reflecting an annual growth of nearly 113%."

It added, "Data from the Electronic Collection Settlements Department showed an expansion in the base of government agencies activating the system from 1,395 agencies by the end of January 2024 to 1,979 agencies by the end of June 2025, which directly contributed to the escalation of the pace of electronic collection."

He pointed out that "May 2025 recorded the highest monthly settlement value at 761 billion dinars, compared to 571 billion dinars in May 2024, confirming the improvement in the system's operational efficiency and the consolidation of government institutions' confidence in the electronic payment services provided by the bank."

The bank explained that "this performance falls within its comprehensive strategy to support the government's digital transformation program and enhance collection efficiency and public revenues, while adhering to the highest standards of transparency and financial governance, in line with official directives aimed at building an integrated and effective financial system." /End https://ninanews.com/Website/News/Details?key=1240032

The Ministry Of Commerce Reveals The Iraqi Government's Measures To Confront US Customs Duties.

Economy |  10/07/2025  Mawazine News - Baghdad -  The Ministry of Trade confirmed, on Thursday, that the US decision to impose a 30% customs duty on Iraqi imports to the United States is part of the reciprocal tariff policy pursued by the Trump administration to control the US trade deficit.

Ministry spokesman Mohammed Hanoun said in a statement that "these duties directly impact Iraqi exports to the United States, which amounted to approximately $7.4 billion in 2024, with a US trade surplus of $5.8 billion."

He added that "the ministry, in coordination with the Ministries of Foreign Affairs and Finance, has launched a negotiating team" to discuss with the US negotiating team the aim of postponing implementation, reducing tariff rates, or exempting some vital sectors.

Hanoun continued, "The Iraqi embassy in Washington has been tasked with conducting immediate contacts with its American counterparts to explain the extent of the financial and economic impact.

The opening of markets has also been accelerated to reduce dependence on a single export destination, and the agricultural and industrial sectors will be supported to enhance their competitiveness and secure alternative markets."

Regarding burden-sharing and mitigating the domestic impact, Hanoun indicated that "the ministry has developed plans to provide exemptions or partial support to affected small and medium-sized enterprises.

The measures include temporary financial support for Iraqi exporters whose interests are affected by fees, ensuring the speedy processing of customs transactions and logistical procedures, in addition to strengthening infrastructure and legislation.

The government will work to accelerate the economic reform process by amending tax and fee systems and improving the business environment."

Within the framework of a medium-term strategy, Hanoun confirmed that development projects will be added to the 2025 budget to increase local production and boost exports.

 He noted that "the ministry is fully prepared to avoid any negative impacts on supply chains and local product prices. It also affirms the government's commitment to protecting the interests of Iraqi producers and exporters alike, ensuring sustainable economic growth, and diversifying trade partnerships.

The ministry continues to coordinate with all national and international entities to overcome the difficulties resulting from the US decision."  https://www.mawazin.net/Details.aspx?jimare=263697

Last June, Iraq Exported 6 Million Barrels Of Oil To The United States.

Economy | 10/07/2025  Mawazine News - Follow-up  The US Energy Information Administration announced, on Thursday, that Iraq's oil exports to the United States exceeded six million barrels during last June.

The administration stated in a table reviewed by Mawazine News, that "Iraq exported 6.433 million barrels of crude oil to the US during last June, up from 5.548 million barrels last May."

It added that "Iraq exported an average of 213,000 barrels per day of crude oil to the US during the first week of June, while it exported an average of 183,000 barrels per day in the second week, an average of 212,000 barrels per day in the third week, and an average of 164,000 barrels per day in the fourth week."

The US Energy Information Administration explained that "Iraq ranked sixth in its exports to the US during last month after Canada, which ranked first as the largest oil exporter to the US, followed by Mexico, then Saudi Arabia, Brazil, and Nigeria."

The administration noted that "Iraq ranked second among Arab countries as the largest exporter of oil to the United States, after Saudi Arabia, which came in first with exports of 10 million barrels, and Libya came in third with exports of 4.166 million barrels." https://www.mawazin.net/Details.aspx?jimare=263691

Gold Prices Rise Globally

Economy | 04:17 - 10/07/2025   Mawazine News - Follow-up   Gold prices rose today, supported by a weaker dollar and the possibility of a US interest rate cut later in the year, while investors await more details on US trade policy. Spot gold rose 0.4% to $3,327.42 per ounce by 11:08 GMT. US gold futures rose 0.5% to $3,336.40 per ounce.

In the currency market, the dollar index, which measures the value of the greenback against a basket of currencies, fell 0.2%, making gold less expensive for holders of other currencies. https://www.mawazin.net/Details.aspx?jimare=263696

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

Crisis 2033 Is Eight Years Away. Are You Ready?

Crisis 2033 Is Eight Years Away. Are You Ready?

Notes From the Field By James Hickman (Simon Black)   July 8, 2025

US President Dwight D. Eisenhower was absolutely terrified of inflation.

 And that’s really saying something for a guy who had commanded Allied forces against the Nazis, faced down the Soviet Union during the Cold War, and overseen the dawn of the Atomic Age.

 Sure, those threats might seem more serious than a 5% increase in the price of milk. But Eisenhower felt strongly that inflation was a matter of national security.

In a speech on May 19, 1957, for example, Eisenhower told the American public that inflation “weakens the foundation of our defense. We must maintain a dollar that holds its value, for without it, our ability to sustain our military strength and support our allies would falter.”

 And he wasn’t kidding. That same year the US economy fell into recession, and plenty of politicians wanted to stimulate the economy by increasing government spending.

 For example, Congress passed two “make work” bills (HR 9302 and HR 7441) designed to support the economy and boost employment.

 But Eisenhower was true to his word. He felt that excess government spending and deficits would invite inflation… so he vetoed both bills.

 Eisenhower’s resolve turned out to be right; the US economy quickly recovered, and the recession ended in early 1958. The following year, inflation was only 0.7%.

 In fact, inflation averaged just 1.4% during his entire Presidency, with strong economic growth and budget surpluses.

 Things started to change in the 1960s; John F. Kennedy admitted that he knew very little about economics and even confessed that he didn’t know the difference between fiscal policy (government spending) versus monetary policy (the central bank’s control of the money supply).

 Nevertheless, on June 7, 1962, President Kennedy announced his intention to pass a major tax cut.

 At the time Kennedy’s proposal was highly controversial. The US economy was in good shape, inflation was low, and unemployment was low. So, the idea of passing a tax cut (which would almost certainly cause a budget deficit) was seen as reckless… even heretical.

 Kennedy was assassinated before he was able to win enough votes in Congress. But his successor, Lyndon Johnson, took up the mantle and kept pushing for the tax cut.

 He finally succeeded when the Revenue Act was passed in 1964.

 The US economy was in great shape that year. Growth was robust, the job market was heating up, and inflation was low. So, the government deliberately running a deficit to stimulate such a strong economy was still considered bizarre and unnecessary. But they plowed ahead anyhow.

At first the US economy became a rocket ship, growing by a whopping 8.5% in 1965. Unemployment fell to just 4%. And inflation sat at just 1.9%. It was a hell of a year.

 But the boom very quickly started losing steam. Federal Reserve Chairman William Martin even gave a speech suggesting that the economic boom was unsustainable and might lead to a 1929-style crash.

 President Johnson was furious… and even asked his Attorney General if he could fire the Fed Chairman. He couldn’t. So, Johnson instead tried to undermine Martin in every way possible… including pushing him to cut interest rates.

 Investors were aghast at the public feud between the President of the United States and the Chairman of the Federal Reserve. But things only got worse.

 Johnson began demanding that Congress increase military spending to fund the war in Vietnam. Yet he also wanted more spending for his “Great Society” domestic programs-- welfare, Medicaid, federal housing assistance, etc.

 Quite predictably, the US federal deficit ballooned as a result of so much spending. So did the federal bureaucracy, with dozens of new laws, thousands of new regulations, and hundreds of thousands of new federal workers.

 Economic growth stalled (with GDP growth eventually falling to 0%). Inflation rose.

 And investors-- already uncomfortable given the feud between the White House and the Fed-- became very pessimistic about the inflation and the deficits. So, they started demanding higher rates on US government debt to compensate for the additional risk.

 Bond yields on the US government 10-year note, for example, rose from less than 4% when the Kennedy/Johnson tax cut was passed in 1964, to more than 7% at the end of the decade.

 More importantly, foreign governments and central banks began losing confidence in America’s finances. The national debt was rising rapidly, and foreigners began selling (redeeming) their US dollars and holding physical gold instead.

 If this story sounds familiar, it should… because the circumstances are very similar.

The US government passed its One Big Beautiful Bill on Friday, which is essentially a combination of the Kennedy/Johnson 1964 tax cut combined with Johnson’s enormous spending programs.

 Granted the OBBB priorities are totally different-- like cutting Medicaid versus spending more on it. But the end result is a massive deficit spending bonanza that the US simply cannot afford.

 It also comes at a time when the US economy is in reasonable shape and in no need of government stimulus. This deficit will likely invite more inflation and higher interest rates, causing an eventual recession.

 The White House and the Fed are in the midst of their own public feud-- which has shocked investors.

 And foreign governments and central banks have been swapping their US dollars and Treasury holdings for gold at a record pace-- pushing gold to an all-time high.

 The government’s pitiful finances in the 1960s resulted in the painful stagflation of the 1970s. Unfortunately, the extreme irresponsibility of the 2020s may result in something much worse.

 At least back then, the US government only spent around 10% of tax revenue to pay interest on the national debt.

 Today it takes nearly a 25% of revenue. And by 2033, it could easily take 40 to 50% of tax revenue just to cover the interest bill.

2033 is crucial because that’s the year Social Security’s major trust fund will run out of money and require a multi-trillion-dollar bailout. It’s an extremely predictable crisis.

 Look I’m all for tax cuts; they’re clearly linked to more robust economic growth… which the country desperately needs right now.

 But tax cuts are pointless if they are not accompanied by serious spending cuts and major reform-- like overhauling immigration, fixing Social Security, and slashing federal regulations.

 So, if we’re being intellectually honest, it’s important to acknowledge that this OBBB brings the country even closer to Crisis 2033. It’s eight years away, at best. Are you ready?

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/crisis-2033-is-eight-years-away-are-you-ready-153118/?inf_contact_key=bb4de52f37bf887931e2f50bfc682fa63a5186b0959d36194e900cf71a9c9586

Evening News with MarkZ, joined by Dr. Scott Young. 07/10/2025

Evening News with MarkZ, joined by Dr. Scott Young. 07/10/2025

MarkZ Disclaimer: Please consider everything on this call as my opinion.  Be sure to consult a professional for any financial decisions

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

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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/

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:   https://www.youtube.com/watch?v=8ckvmudmlJY

Stablecoins are the Bridge to the New Financial System

Stablecoins are the Bridge to the New Financial System

Wealthion:   7-10-2025

In a recent and truly eye-opening discussion on Wealthion, Chris Perkins, Managing Partner and President of CoinFund, joined forces with macro thinker and founder of Visserlabs, Jordi Visser, to dissect the profound and imminent impacts of AI and crypto on the global economy and investment landscape.

Their conversation wasn’t just about market trends; it was a blueprint for a coming financial and societal revolution.

Jordi Visser laid out a series of audacious predictions, arguing that we are on the cusp of a significant societal and financial shift. His core contention: traditional business cycles are dead, the Fortune 500 as we know it will cease to exist, and Stablecoins are the indispensable bridge to the future.

Visser paints a vivid picture of a world where economic assumptions are fundamentally challenged.

He posits that the familiar rhythm of business cycles, with their predictable booms and busts, is drawing to an end. This isn’t just another downturn; it’s a structural transformation where new paradigms of value creation and destruction will dictate economic flow.

A provocatively bold statement from Visser is his belief that the Fortune 500 will not exist in the 2030s. This isn’t hyperbole, but a sober assessment of how rapidly AI and other disruptive technologies will erode the competitive advantages of established giants.

AI, he argues, will be a merciless force, destroying large, entrenched businesses that fail to adapt. In this new landscape, Visser even suggested a “new party” forming, citing Elon Musk in a broader context, hinting at a political and financial revolution driven by these technological shifts.

Central to Visser’s vision is the role of Stablecoins. He sees them not merely as a niche crypto asset but as a critical linchpin for the future of global finance.

Thanks to pending legislation like the “Genius Act” and the “Clarity Act,” Visser believes investors and financial institutions will increasingly view Stablecoins as the essential bridge between traditional and digital investing.

Crucially, these acts could solidify the U.S. Dollar’s position as the global reserve currency forever, by extending its reach and functionality through a compliant stablecoin infrastructure. Beyond institutional adoption, Stablecoins offer a vital, accessible money alternative for people in countries plagued by volatile local currencies, providing financial stability and a pathway to the digital economy.

The future, as Visser sees it, is a seamless flow from Stablecoin to DeFi to AI, fundamentally impacting developing nations and global foreign exchange (FX) markets, which he identified as “The Next Big Thing.”

The discussion also highlighted a potentially game-changing innovation: Robinhood’s breakthrough act to take private equity public through tokenization.

 This “Robin Hood-like move” could revolutionize access to investment opportunities previously reserved for institutional or accredited investors. By tokenizing private equity, companies could bypass traditional, cumbersome IPO processes, democratizing wealth creation and offering a new liquidity paradigm.

 This represents “The Next Investing Revolution,” opening up a vast new frontier for investors.

While AI is predicted to decimate many established businesses, the panelists also discussed the future of other cryptocurrencies. Visser sees a huge upside coming for Ethereum.

 This potential boom is linked to the emergence of “treasury companies” and institutional adoption, highlighted by ventures like Tom Lee’s new ETH Treasury Company, Bitmine. As more businesses and financial entities explore the benefits of blockchain technology, Ethereum’s ecosystem is poised for significant growth.

However, in this disruptive landscape, Visser believes Bitcoin will ultimately be the “only game in town” when it comes to a truly decentralized, unassailable store of value, particularly as AI’s destructive power reshapes traditional industries.

The discussion on Wealthion with Chris Perkins and Jordi Visser was more than just a market outlook; it was a profound contemplation of a world being rapidly reshaped by technological forces.

From the demise of traditional business cycles and the Fortune 500 to the rise of stablecoins as a global bridge and the tokenization of private equity, the insights offer a compelling, albeit challenging, vision of the future. Investors, institutions, and individuals alike must now grapple with these seismic shifts to navigate and thrive in the economy of tomorrow.

https://youtu.be/pfPOqI--sKc

Iraq Economic News and Points To Ponder Thursday Afternoon 7-10-25

The National Bank's Controversial Monopoly On Remittances: Profits For Jordan, While Iraqi Banks Are Excluded From The Scene.
 
Economy     2025-07-10 | 1,256 views  Alsumaria News – Economic    The issue of foreign remittances in Iraq has sparked widespread controversy in banking and economic circles,  due to what experts describe as an "unprecedented monopoly" of money transfer operations by the National Bank of Iraq (NBI), which has prevented other Iraqi banks from entering the market.

This has, according to observers, deprived the country of significant financial resources and diverted remittance profits to the Jordanian budget, given that the bank is owned by Jordanian individuals.
 
Monopoly In The Remittance Market 
 
experts confirmed Banking to Sumaria News that "the National Bank, with the support of influential parties, has obtained near-exclusive control over foreign remittances from Iraq to other countries,  while the operations of a number of other private Iraqi banks have been restricted and prevented from accessing the electronic remittance platform,  which is managed under the supervision of the Central Bank.

"  They added that "the current situation does not reflect a healthy, competitive economy, but rather resembles a policy of systematic exclusion of some banks in favor of just one bank," warning that "this monopoly opens the door wide to corruption and strikes at the core of the principle of transparency."
 
Profits From Remittances Outside Iraq 
 
In a significant development, informed banking sector sources revealed that "the profits earned by the National Bank from foreign remittance commissions are not recycled within Iraq.

Rather, a large percentage is transferred to Jordan, where they are added to the budgets of the parent companies that own the bank.  This drains hard currency and harms the national economy."
 
A former government financial advisor confirmed to Sumaria News that "what is happening today amounts to a systematic transfer of hard currency from Iraq abroad, through seemingly legal means,  but suspicious in terms of their sovereign and economic impact." He added that  "Iraq is losing huge sums of dollars daily due to these policies."
 
Marginalization Of Iraqi Banks
 
Economists called for an urgent investigation into the remittance mechanism, specifically the reasons why reputable Iraqi banks are being prevented from directly dealing with this issue, despite their possession of the necessary technical infrastructure and expertise.
 
A source at one of the excluded Iraqi banks told Sumaria News,  "The Central Bank does not explain the reasons, and requests from private banks are repeatedly ignored."
 
He asserted that the matter has gone beyond mere competition to become a systematic strangulation of national institutions.

Demands For A Parliamentary Investigation  
 
For its part, the Parliamentary Finance Committee called for "a comprehensive parliamentary investigation into this matter,"  urging the government to "intervene urgently to halt this financial hemorrhage that is draining the state treasury."  She stressed "the need for remittance policies to be transparent and serve the Iraqi economy, not the interests of individuals or foreign companies."
 
The Central Bank Is Under Question
 
Despite Sumaria News' attempts to obtain clarification from the Central Bank of Iraq, the relevant authorities declined to comment, raising further questions about the bank's role in managing this sensitive issue and whether there are plans to restructure the remittance system to ensure fairness and competitiveness.
 
The continuation of this situation puts the reputation of the Iraqi banking sector at risk at a time when the state is seeking to bolster confidence in national financial institutions and attract investment.
 
It appears that continuing to monopolize remittances, while transferring their profits abroad,
will not serve Iraq's economic or political interests.
 
This calls for urgent action by regulatory and legislative authorities to restore order and ensure equal opportunities for all banks   https://www.alsumaria.tv/news/economy/532986/احتكار-المصرف-الأهلي-للحوالات-المثير-للجدل-أرباح-للأردن-ومصارف-عراقية 

Monetary Policy In Iraq, Monetary Stability Approach, And Digital Transformation
 
Samir Al-Nusairi   The book 
"Monetary Policy in Iraq, Monetary Stability Methodology, and Digital Transformation 2023-2025" 
by Iraqi economic and banking advisor Samir Al-Nusairi was recently published by the Balit Center for Printing and Publishing in Baghdad.
 
Copies of the book were deposited at the National Library and Archives in Baghdad for the year 2025.
 
This is the author's thirteenth book during his twenty-year career in executive banking and as a consultant to the boards of directors of Iraqi private banks.

This is preceded by an accumulated economic background and experience of thirty years in governmental economic institutions and important participations in local, Arab and international conferences, during which he won dozens of awards and certificates of appreciation and honor.
 
He also published more than 700 specialized articles on economic and banking reform in Iraqi, Arab and international magazines and newspapers, and gave many lectures to Iraqi university students and participated in their annual scientific conferences.
 
In all his published books, the author has been keen to document and archive the
     journey of challenges,
     achievements,
     policies,
     procedures and
     applications of monetary policy of the Central Bank of Iraq, especially for the period (2003-2025).
 
Dr. Governor of the Central Bank, Ali Mohsen Al-Alaq, reviewed the contents of the book and expressed his thanks and appreciation to Al-Nusairi, wishing him success and urging him to give more in serving the Iraqi economy and banking sector.
 
Professor Dr. Khalil Muhammad Hassan Al-Shamaa also evaluated and valued Al-Nusairi's scientific efforts and gave a detailed presentation of the chapters and topics of the book,  including   its  narratives,  proposals and   solutions to the challenges and obstacles to achieving monetary and financial stability, as well as the  achievements of the Central Bank, with government cooperation and support, in the transition from a cash economy to a digital economy during the years (2023-2025).
 
The evaluation praised the book's inclusion of the most important strategies and policies adopted by the Central Bank of Iraq, as it represents a precise scientific journey by Al-Nusairi that focused on economic and monetary developments in Iraq.
 
The new book includes
     five chapters and
     thirty-three sections.
 
All of these chapters emphasize that economic reform begins with banking reform.
 
In the first chapter, he was able to conduct a precise and comprehensive analysis of the
 opportunities,  challenges, and  steps taken by the Central Bank of Iraq to pursue monetary stability, 
while reviewing the foundations of monetary policy for the years (2023-2024), so that he can complete the banking reform process in 2025 in the new book.

The second chapter comprehensively covered electronic payments, linking digital ransformation with the development of electronic payment programs,along with activation projects.
 
It intelligently explored the relationship between current and future payment system development projects, and provided an assessment of the relationship between this effort and
     information assessment,
     cybersecurity, and
     artificial intelligence.
 
In the third chapter, he focused his efforts on the Central Bank of Iraq's third strategy,
 
defining the strategy's objectives and reform methodology, and addressing key issues such as
     regulating foreign trade financing,
     lending strategy,
     foreign reserve management and hedging policies,
     improving investment, and
     sources of monetary policy.
 
In this chapter, Al-Nusairi was able to link the many banking areas and activities addressed by the reform plan.
 
Chapter Four discusses how government support for the banking reform project can be provided,
as well as the International Monetary Fund's support for the reform plan, with a focus on
     international economic relations and the
     government and Central Bank of Iraq's vision for the comprehensive banking reform process.
 
In the fifth chapter, he addresses the causes of  exchange rate fluctuations and  recovery measures, emphasizing the relationship between the exchange rate, the financial and banking reform process, the relationship between the official and parallel dollar exchange rates, government decisions, and strategies for enhancing confidence in the banking sector.

 
Thus, the author was able to expertly compile a synthesis of contemporary topics.
 
At the end of the book's presentation,  we wish Counselor Samir Al-Nassiri continued success in this successful academic journey.  views 725     https://economy-news.net/content.php?id=57142   

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

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 7-10-25

Good Afternoon Dinar Recaps,

Trump Administration Imposes 50% Tariff on Brazilian Imports

In a dramatic escalation of trade tensions, the Trump administration has announced a sweeping 50% tariff on all Brazilian imports, citing political censorship, judicial overreach, and unfair trade practices as justification.  The move, shared via President Trump’s Truth Social account, has been swiftly condemned by Brazilian President Luiz Inácio Lula da Silva, who promised reciprocal action under Brazil’s Economic Reciprocity Law.

Tariffs Justified by Bolsonaro’s Treatment and Social Media Censorship

President Trump claimed the new tariffs were necessary due to Brazil’s “unjust treatment” of former President Jair Bolsonaro in the courts and the nation’s legal actions against U.S.-based social media platforms.

“The U.S. must move away from a longstanding and very unfair relationship created by Brazil’s tariff policies,”
— President Donald Trump

According to Trump, the trade imbalance and court-ordered censorship in Brazil have become a “major threat” to the U.S. economy and national security. He emphasized that any retaliatory tariffs issued by Brazil would trigger additional levies beyond the initial 50%.

Brazil Responds: “We Will Not Accept Tutelage”

President Lula issued a strong response on X (formerly Twitter), asserting Brazil’s sovereignty and defending its judicial system:

“Any unilateral tariff increases will be addressed in accordance with Brazil’s Economic Reciprocity Law.
Sovereignty, respect, and the unwavering defense of the interests of the Brazilian people are the values that guide our relationship with the world.”
— President Luiz Inácio Lula da Silva

Lula rejected the tariffs outright, asserting that Brazil “will not accept any tutelage” and reaffirmed the legitimacy of Brazil’s legal system in addressing both domestic and international concerns.

Tariffs May Affect 22 Countries — BRICS in the Crosshairs

The 50% import levy is not exclusive to Brazil. Trump reportedly sent similar letters to 22 countries, imposing unilateral tariffs up to 50%, all set to take effect August 1st. Among them, Brazil appears to face some of the steepest penalties.

While Trump also threatened BRICS and allied nations with an additional 10% tariff for promoting what he calls an anti-American agenda, it remains unclear if this will directly affect Brazil, which has advocated for de-dollarization and multipolar trade. Notably, there was no mention of the BRICS penalty in Trump’s letter to Lula.

Geopolitical and Economic Implications

This move signals a return to aggressive tariff diplomacy under Trump’s second-term foreign policy, prioritizing U.S. national interests and economic leverage over multilateral engagement.

If fully implemented, these tariffs could:

• Strain U.S.–Brazil relations

• Undermine BRICS' push for non-dollar trade settlements

• Trigger retaliatory measures that may affect agricultural, industrial, and energy exports

Conclusion: Trade War or Political Posturing?

The Trump administration’s tariff blitz is set to redefine the U.S.–Brazil economic relationship. Whether this leads to a full-scale trade war or forced negotiations will depend on how Brazil and other targeted nations respond in the coming weeks.

With Trump signaling zero tolerance for anti-American narratives, and Brazil doubling down on economic sovereignty, global markets will be watching closely ahead of the August 1st enforcement deadline.

@ Newshounds News™
Source: Bitcoin.com   

BRICS Omits De-Dollarization & New Currency at 2025 Summit

Despite growing expectations, BRICS leaders made no mention of de-dollarization or the formation of a new common currency during the 17th annual summit, held in Rio de Janeiro this past Sunday and Monday. The two-day event, which has in the past strongly emphasized building an alternative to U.S. dollar dominance, concluded without major economic policy announcements.

Significantly, Chinese President Xi Jinping and Russian President Vladimir Putin did not attend the summit, with proceedings instead led by India’s Prime Minister Narendra Modi and Brazil’s President Luiz Inácio Lula da Silva.

De-Dollarization and Common Currency Left Off the Agenda

The absence of any discussion on launching a new BRICS currency or reducing dependence on the U.S. dollar marks a sharp departure from the bloc's earlier rhetoric. These topics were central to past summits and widely promoted as pillars of the BRICS agenda aimed at restructuring global financial power.

However, the 2025 summit offered no policy progress or roadmaps for either initiative.

“The development indicates that the bloc is not serious about the issues and is only beating around the bush,”
— Watcher.Guru analysis

Instead of bold declarations, BRICS members limited financial discussions to voluntary bilateral trade using local currencies, a step seen as symbolic rather than systemic.

Discontent with IMF and World Bank Still Front and Center

Although de-dollarization was not formally addressed, the alliance continued to criticize Western-led financial institutions. Leaders expressed frustration with the International Monetary Fund (IMF) and World Bank, accusing both of bias toward the U.S. and other Western powers while neglecting the needs of the Global South.

They argued that the current global financial order remains skewed, offering insufficient access to credit and capital for developing economies—particularly those in Africa, Latin America, and Southeast Asia.

Summit Lacks Momentum Without Russia and China

The absence of key players like Russia and China may have contributed to the lack of strategic direction at the summit. Their presence has historically driven the more ambitious aspects of the BRICS agenda, particularly in currency and trade realignment.

Without them, the summit felt cautious and subdued, leading many to question whether BRICS still holds the resolve to challenge the U.S.-led financial system.

What’s Next for BRICS?

While de-dollarization and the proposed BRICS currency were sidelined at this year’s summit, officials stopped short of abandoning these ambitions entirely. Leaders emphasized that trade in local currencies will remain an option and may become more formalized in the future.

Still, the lack of clarity or commitment suggests that BRICS is struggling to present a unified financial vision amid growing global attention on multipolarity.

Whether this pause is temporary or reflective of deeper divisions within the bloc remains to be seen.

@ Newshounds News™
Source: Watcher.Guru 

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

BRICS+ are Big Enough to Dethrone the Dollar

BRICS+ are Big Enough to Dethrone the Dollar

Liberty and Finance:  7-9-2025

Financial expert Andy Schectman delivered a compelling address at the recent 2025 Rural Symposium on Natural Resource Investing, shedding light on major geopolitical and monetary developments centered around the burgeoning BRICS nations.

His presentation painted a picture of a rapidly evolving global financial landscape, one increasingly designed to operate independently of U.S. financial.

Schectman emphasized how strategic moves by key players are coalescing to form an entirely new financial infrastructure.

He highlighted the significant role of the Shanghai Metals Exchange and the groundbreaking launch of the M-Bridge settlement platform as foundational elements.

According to Schectman, these initiatives are paving the way for a financial system that is not only decentralized and gold-backed but also transparently audited via blockchain technology – a stark departure from the current U.S.-centric model.

The implications, Schectman warned, are profound. These developments, which include the expansion of multi-jurisdictional gold vaults and the accelerating internationalization of the Chinese yuan, pose a direct challenge to the U.S. dollar’s longstanding role.

 He cautioned that these initiatives threaten not only the dollar’s preeminent status in global trade settlement but potentially its critical reserve currency status.

Schectman underscored the strategic significance of these BRICS-aligned initiatives, noting their expansion to include an increasing number of non-member nations.

Critically, he pointed out that this emerging financial framework is being built specifically to circumvent transactions settled in the U.S. dollar, Euro, and British Pound. Schectman also took a moment to acknowledge and credit long-time investment strategist Rick Rule for his insightful guidance, suggesting these shifts align with broader, often overlooked, macro trends.

Concluding his address, Schectman issued a strong call to action, urging people to look beyond mainstream narratives regarding global finance.

He advised proactive engagement and informed decision-making, stressing that these monumental developments are progressing at an accelerated pace and will soon become too obvious to ignore for those who choose to remain uninformed.

For a deeper dive into Andy Schectman’s insights and the full context of his presentation, viewers are encouraged to watch the complete video available from Liberty and Finance.

https://youtu.be/iGD5PlU-y-A

Thursday Coffee with MarkZ. 07/10/2025

Thursday Coffee with MarkZ. 07/10/2025

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 one and all……hoping today is a great day

Member: I think I may be more confused now than in 2020! I know they said it be chaotic, but Damn

Member: Are paymasters those that will pay us- Will Zurich kick off the RV?????

MZ:  Paymasters are for private, pre-arranged exchanges. More for bond holders than currencies. It’s the banks that will pay us.

Member: Mark, who is exactly in charge of the RV? Military, Treasury, Foreign actions, etc.? Hard to know sometimes.

Member: I am also wondering-  who exactly is pulling the cord for the RV? Hard to know sometimes…Trump, Iraq, BRICS, Military, Treasury…. Who’s on first?

Member: Everything is on the pulse of July 14th deadline for ISO20022 Basel III compliance for all US banks...14th...15th???

Member: My wife bank is scrambling for ISO 20022

Member: one of my banks sent message they were closing ATMs and mobile banking 11th/13th....now my other bank sent similar message

Member: I think that the iso needs to come in to bring in blockchain, and I think it is necessary for the qfs. and then after that I think this is necessary for r. revaluation

Member: I believe it won’t go until ISO20020 is achieved

Member: Are we going to see a rate this week?

MZ: I don’t know. A very large segment of my bond groups think we will get a rate over the weekend.. But nothing concrete. It’s very clear they are trying to cloud the timing.

MZ: There are more expectations they will get spendable, usable dollars …some say they signed final contracts and should get funds this weekend. Other contacts are quiet and have gone MIA.

Member: This weekend works for me!!!!

MZ: Cross your fingers and hope.

Member: with all the banks updating this weekend….for Fednow and Iso202200….its possible.

Member:  When is Iraq going to announce that the oil is flowing. Are the waiting on a rate first?

Member: July14th, top court to hear key cases on delayed Kurdistan salaries. Erbil, Kurdistan Region - Iraq’s Federal Supreme Court is set to review two critical lawsuits on Mon concerning the delayed payout

Member: How is Iraq able to put in so much infrastructure with low currency valuation?

Member: Iraq could keep a suppressed rate when using dollars but they are no longer using the dollars. They have to increase their rate or they’ll go down.IMO

Member: Anyone ever get the feeling Iraq doesn’t want to revalue their currency?

MZ: Many countries are positioning for Iraq being on the international stage. Including India and Kuwait. Many are waiting on this new rate. Of course it is happening

MZ: “American Magazine: Iraq quietly restores its role in International trade” Lots happening behind the scenes like the development road project.

MZ: “The KRG (Kurdistan) has notified the US that they will only allow Baghdad 48 hours to make a decision regarding the issue of funding the Kurdistan regions cival servant employees salaries” This is 48 hours from yesterday afternoon.  This should force a conclusion for the oil and gas law…hopefully this week. We should get a decision within 48 hours.

MZ: Lots of thigs appear to be aligning. We need to get off “stuck”

MZ: This one is showing up in my inbox from some panicked individuals. “ IMF comments on Iraq dinar exchange rate”  It projects the average exchange rate of the dinar against the US dollar as 1300….the same as 2024. Just a reminder- A similar statement came out the week before and the day of the Kuwait revaluation.

Member: Heard someone say that the RV could occur after the XRP/Ripple case is likely resolved next week. It just goes to show what don't know when or what the trigger will be.

Member: thanks for the encouraging news today Mark. Everyone enjoy your day.

Member: Stay positive and never quit!!!

StacieZ joins the stream today. Please listen to the replay for her information and opinions.

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

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

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

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

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

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

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

Youtube:     https://www.youtube.com/watch?v=vg4kkTdIZfw