How Much Money Would Your Kid Have at Retirement If You Invested $5 a Month From Birth?

How Much Money Would Your Kid Have at Retirement If You Invested $5 a Month From Birth?

Peter Burns  Sun, August 3, 2025   GOBankingRates

It’s obvious that those who start saving early end up with a lot more for retirement. But, what if you started saving for your kid from the moment they were born? Putting a small amount away each month, even as little as $5, would amount to $60 saved per year. By the time they reach full retirement age of 67 (for most), you will have $4,020 saved up. This number isn’t very impressive on its own, but if you take advantage of compound interest, you’ll be looking at a much higher number.

Compound interest is when you earn interest on an investment and, over time, earn interest on the interest you’ve already earned. For example, if you invest $100 and earn 5% interest on it each year, you’ll earn $5 your first year. At the beginning of the second year, you’ll have $105. When you earn 5% on your new amount, you’ll make $5.25 and go into your third year with $110.25. As time goes on, the amount you earn from interest balloons even if you don’t add any more to the initial amount.

So, if you invested $5 for your kid each month, would they have thousands or millions by the time they retire? We used 67 as full retirement age since that’s what it currently will be for future retirees. Here’s what the numbers look like.

$5 per Month

For most people, it’s relatively easy to set aside $5 each month for savings. If you put down an initial $5 investment and then start putting that same amount each month into a fund that earns 7% and compounds monthly for your child, it would start to add up and look like this:

• Year 1: $67.32

• Year 5: $365.05

• Year 10: $875.47

• Year 20: $2,624.83

• Year 30: $6,140.44

• Year 40: $13,205.62

• Year 50: $27,404.26

• Year 60: $55,938.70

• Year 67: $91,719.74

With a compounding interest of 7% each month, you effectively add $87,694.74 of interest to the $4,025 that you actually set aside. Not bad for a $4,025 investment spread out over 67 years.

$15 Per Month

While having around $92,000 isn’t bad, it’s not enough for retirement. The median amount that retirees have saved by the time they’re in their 60s is $539,068. Let’s see what happens when the savings amount increases to $15 under the same conditions. Here’s how the math breaks down:

TO READ MORE: https://www.yahoo.com/finance/news/much-money-kid-retirement-invested-130205712.html

Seeds of Wisdom RV and Economic Updates Monday Afternoon 8-4-25

Good Afternoon Dinar Recaps,

Russia and Saudi Arabia Announce Strategic Oil Production Hike Starting October

OPEC+ to add 547,000 barrels per day, challenging Western influence and deepening geopolitical rifts.

In a significant move that could reshape global energy markets and intensify geopolitical tensions, Russia, Saudi Arabia, and their OPEC+ partners have announced a coordinated production increase of 547,000 barrels per day beginning in October 2025.

While representing just 0.6% of global oil consumption, this shift signals a broader strategic objective: to reclaim market share and reassert influence over the global energy balance amid a deteriorating relationship between Moscow and Washington.

OPEC+ Shifts Strategy Toward Volume Recovery

The production increase, agreed upon on Sunday, August 3, by eight OPEC+ member countries, marks a decisive pivot from the group’s previous stance of tight output restrictions aimed at supporting high oil prices.

Led by Saudi Arabia and Russia, the initiative reflects a growing emphasis on volume over price, as producers seek to capitalize on long-term global demand trends. The Brent crude benchmark is currently trading near $70 per barrel, a stark contrast to the $120 per barrel highs of 2022 during the initial months of the Ukraine conflict.

For consumers, the stabilization in oil prices may translate to steady retail fuel prices. In France, for instance, average prices remain at 1.62 euros per liter for diesel and 1.66 euros for gasoline.

A Disputed Energy Outlook

OPEC+ forecasts suggest that global oil demand will continue to rise until mid-century, largely driven by industrializing economies. This projection stands in direct contradiction to the International Energy Agency (IEA), which anticipates a peak in oil demand by 2030, primarily due to the increasing adoption of electric vehicles and renewable energy technologies.

This divergence in outlook reflects not just differing economic models, but also ideological and geopolitical rivalries over the future of energy governance.

Geopolitical Implications: Oil as a Tool of Statecraft

The announcement comes amid heightened geopolitical tension. U.S. President Donald Trump has escalated pressure on Moscow, issuing an ultimatum to resolve the conflict in Ukraine within ten days or face a new round of punitive measures.

Among the options under review is a 100% tariff on imports of Russian goods, including hydrocarbons. This approach is designed to isolate Russia economically while also deterring its trading partners—most notably India, which has emerged as the second-largest importer of Russian oil, averaging 1.6 million barrels per day in 2025.

However, India has rejected U.S. pressure, asserting that its strategic autonomy and energy security priorities take precedence. Officials in New Delhi have reaffirmed their commitment to maintaining strong energy ties with Moscow, signaling a broader realignment in global economic alliances.

This position illustrates the erosion of Western unilateralism and the rise of alternative power blocs such as BRICS, which advocate for a more multipolar world order.

The New Energy Chessboard: OPEC+ Redefines Its Role

OPEC+’s production hike is not merely a response to market dynamics; it is part of a deliberate political and economic recalibration. In a world of fractured trade regimes, currency realignments, and strategic decoupling, energy is once again becoming a central tool of statecraft.

By increasing output, OPEC+ is attempting to:

• Reassert its relevance in a fragmented energy landscape,

• Undercut competitors and rebalance supply chains,

• And reshape the rules of global energy governance to better reflect a multipolar reality.

In this evolving context, every barrel of oil becomes a geopolitical asset, and every alliance an act of sovereignty.

Conclusion: A New Era of Energy Geopolitics

The decision by Russia, Saudi Arabia, and their allies to boost oil production is more than a supply-side adjustment. It marks a strategic inflection point—one where control over energy flows becomes intertwined with the global contest for economic influence and diplomatic leverage.

As Western powers attempt to assert pressure through sanctions and tariffs, OPEC+ is responding with market-based countermeasures that signal resilience and strategic foresight.

The global energy order is no longer defined by price alone—but by the political power that comes with production, distribution, and refusal.

@ Newshounds News™
Source: Cointribune   

BRICS 2025: What the Summit Really Achieved Behind Closed Doors

Despite the absence of Xi and Putin, the Rio summit delivered breakthroughs on currency cooperation and infrastructure investment.

While much of the media spotlight fixated on who didn’t attend the BRICS 2025 Summit in Rio de Janeiro, the reality is that the gathering produced substantive and strategic outcomes—quietly but decisively laying the groundwork for a more sovereign and coordinated financial future for the Global South.

Two key breakthroughs emerged:
➡️ The launch of the BRICS Multilateral Guarantees initiative, modeled after the World Bank’s MIGA, to reduce investment risk in the Global South.
➡️ Concrete steps forward in the BRICS currency project, aiming for a 2026–2027 operational window.

1. BRICS Multilateral Guarantees Initiative: Building Infrastructure for the South

The 2025 Summit culminated in a joint declaration titled “Strengthening Global South Cooperation for a More Inclusive and Sustainable Governance.” Central to this declaration was the unveiling of the BRICS Multilateral Guarantees initiative—a new framework designed to provide political risk insurance for infrastructure investment across member states and other Global South partners.

Inspired by the World Bank’s Multilateral Investment Guarantee Agency (MIGA), the initiative aims to address a long-standing issue: the lack of reliable, non-Western-backed investment security mechanisms. By mitigating risks such as expropriation, political unrest, or breach of contract, BRICS nations are attempting to unlock new capital inflows outside of Bretton Woods–style constraints.

This new institution signals the next phase of the bloc’s ambition: building parallel governance infrastructure, not just critiquing the existing one.

2. Currency Cooperation Accelerates: A Supranational BRICS Payment System

Perhaps more consequential is the clear acceleration of the BRICS monetary agenda. The Rio summit confirmed that the BRICS currency project is targeting full operational capacity by 2026 or 2027, with member nations actively piloting regional integration of settlement systems and CBDC frameworks.

Highlights from this monetary coordination include:

• Russia and China intensifying ruble-yuan bilateral trade settlement.

• India expanding rupee use in regional trade with Global South partners.

• The continued development of BRICS Pay, a blockchain-based, cross-border payment network designed to circumvent SWIFT and other Western-controlled systems.

• Integration of central bank digital currencies (CBDCs), with pilot projects testing interoperability between national CBDCs and the proposed supranational unit.

This isn’t just abstract planning—payment system development is already underway, and the next 18–24 months will be critical in proving that technical compatibility and geopolitical coordination can deliver a viable alternative to the U.S. dollar–centric system.

3. Trade Tensions, Dollar Dependencies, and the Reality Check

Despite ambitious rhetoric, the BRICS declaration notably omitted direct references to the United States—a diplomatic signal that member states are trying to balance internal objectives with economic realities.

Key context:

• BRICS members are still deeply integrated with U.S. markets.

• Many rely on the U.S. dollar for a significant portion of their export revenues.

• Any sudden decoupling from Western trade systems could cause domestic economic disruptions.

As of 2025, the expanded BRICS bloc accounts for 46% of the world’s population and 37% of global GDP, giving legitimacy to the idea of a multipolar monetary system. However, the success of dedollarization depends not just on political resolve, but on resolving contradictions in trade dependencies and trust in yet-to-be-launched instruments.

Conclusion: From Talk to Action

The BRICS 2025 Summit quietly achieved more than expected—delivering on real policy infrastructure and technological implementation. The Multilateral Guarantees initiative and progress on BRICS Pay represent a serious pivot from symbolic diplomacy to tangible coordination.

Still, the path forward remains complex. A shared currency or digital settlement layer will require deep technical alignment, institutional trust, and consistent political will, especially between countries with divergent economic models and national priorities.

If BRICS can overcome these obstacles, 2026 could mark the debut of a truly independent financial system—one that redefines not just how countries trade, but how they project sovereignty on the global stage.

@ Newshounds News™
Source: Watcher.Guru   

~~~~~~~~~

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News, Rumors and Opinions Monday 8-4-2025

Gold Telegraph: Gold is Behaving like the Ultimate Reserve Currency

8-3-2025

BREAKING NEWS: INDIAN OFFICIALS SAY THAT THEY WOULD KEEP PURCHASING CHEAP OIL FROM RUSSIA DESPITE A THREAT OF PENALTIES FROM THE UNITED STATES

I am publishing a new article shortly.

“There is a growing sense in India that its leaders should not allow American policymaking to shape its choices on vital energy supplies…”

Source: https://www.nytimes.com/2025/08/02/world/asia/india-russia-oil-trump-threats.html

Iran has moved to remove four zeros from its plunging national currency… Fiat currency.

Here you go: https://fortune.com/2025/08/03/iran-currency-value-us-dollar-rial-four-zeros/

At the end of June, the dollar posted its worst first-half performance since the collapse of Bretton Woods in the early 1970s. On Friday alone, the U.S. Dollar Index dropped nearly 1%. Gold is behaving like the ultimate RESERVE CURRENCY. Why? The majority of countries own it.

BREAKING NEWS: CHINA MAY NEED TO TRIM RECORD COPPER OUTPUT ON SHORTAGE OF ORE

The glue of the world…

“At just over 560,000 tons, stockpiles of concentrate at Chinese ports have dropped to the lowest level this year…”

Source: https://www.bloomberg.com/news/articles/2025-08-03/china-may-need-to-trim-record-copper-output-on-shortage-of-ore

BREAKING NEWS: CHINA IS LIMITING THE FLOW OF CRITICAL MINERALS TO WESTERN DEFENSE MANUFACTURERS

This is big.

Minerals vs. Debt.

“Beijing’s tightened controls are a sign of the leverage it has over the U.S. military supply chain…”

Source: https://www.wsj.com/world/asia/china-western-defense-industry-critical-minerals-3971ec51

Source(s):    https://x.com/GoldTelegraph_/status/1952043642270654893

https://dinarchronicles.com/2025/08/04/gold-telegraph-gold-is-behaving-like-the-ultimate-reserve-currency/

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

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

Militia Man  Interesting enough on the same day that [huge oil] ship kicked out of [the new] port, the United States reduces tariffs on Iraq from 39% to 35%...Is this symbolic? Yeah.  But in the scheme of things, into the future when they adjust a real effective exchange rate 35% is going to be nothing.  It really won’t be.

Frank26  Right now they’re training the banks of Iraq, their employees, on how to deal with counterfeiting and smuggling...for the security and stability of their monetary reform.  But they’re to using the 3-zero notes to train them with?  ...This pattern is one that you have to respect...There’s no crime against that currency because that currency won’t exist.  So what are you using, the lower notes?  No, they don’t want to show the lower notes just yet.  They’re going to do the lower notes and exchange rate at pretty much the same time...

Frank26   Question:   “How long will we have to exchange?”  That’s up to the CBI but we still have 3 zero notes.  It can be null and void within a specific amount of time but I think they’re going to give them at least a year or maybe more. 

When Gold Is REVALUED, Silver Will Go ABSOLUTELY BALLISTIC! – Andy Schectman

Financial Wisdom:  8-3-2025

0:00 - Gold Revaluation and Dollar Devaluation

1:16 - Misconceptions About Federal Reserve and Gold

 2:00 - The Role of Treasury Debt and Inflation

3:02 - Gold Pegging to Long-Term Treasury Debt

4:03 - The Impact of Gold Revaluation on Silver

5:00 - Silver's Growth and Gold-Silver Ratio

6:20 - Silver's Industrial and Strategic Importance

 7:30 - Investment Ratios for Gold, Silver, and Platinum

8:20 - Platinum’s Role and Market Behavior

9:47 - Silver's Supply Deficit and Retail Demand

11:02 - The Potential Market Shock and Precious Metals Shortages

https://www.youtube.com/watch?v=1jNEjVeXPnY

Monday Coffee with MarkZ. 08/04/2025

Monday Coffee with MarkZ. 08/04/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Monday Morning…….May this week be blessed

Member: Hoping Mark got good news for us over the weekend.

Member: Can we give our 2 weeks notice yet?

MZ: I would hold my 2 weeks notice until your exchange appointment is set.

MZ: I have a number of sources scrambling on historic assets and some very unique bonds. They have closing dates the beginning and middle of August. I was told these are the assets that would move right before our reset.

MZ: Some assets include golden statues, and stuff tied to bonds.

Member: Well folks! Remember Mark told us last week that 2 bond holders had appointments this week as well.

Member: Hoping it’s a shotgun start….then we all go at the same time.

Member: Are the holders of these historical assets nations or people?

MZ: Some are nations and some are people.

Member: I am wondering if there will be a "QFS Account" issued? Or just be normal bank accounts? Or put in digital currency (Crypto)?

Member: Mark, I was under the impression that when the HCL was passed that we were there. MM said it was signed on July 17th. Am I missing something?

Member: IQD has been moving g up and down. XE had it on 1300

Member: I saw that rate too, on XE. Confirmed.

Member: it was down to 1260 on Google yesterday

Member: Did anything happen on August 1st?

Member: Tariffs happened…..supposed to start this Thursday I believe

Member: I wonder if the Tariffs that are supposed to be imposed on the 8th play a part in the RV?

Member: I think most of us thought Vietnams currency adjustment would take affect on the first

Member: And Indonesia….and Venezuela…

MZ: Final some Vietnam news: “ Vietnam eyes launch of international financial center by years end” They were once a closed communist economy…now open to the world. We know our state dept. has been pushing Vietnam to increase the value of their currency.

MZ: “ Iraq to increase oil output to 4.22 million bpd (barrels per day) in September” over the next 2 years they want to go over 6 millions barrels per day. They are pumping enough oil to pay for their national budget.  It is stunning how they are transforming their economy. And that doesn’t even count the development road funds to come.

Member: First Oil Tanker loaded and moving this weekend….. oil is flowing

MZ: “5 Iraqi banks subject to sanctions for violations in dealing in dollars” We were told they would close their financial borders …I was told this is something they would do close to or just before a revaluation.

MZ: “Iraq maintains its position among the largest Arab economies in 2025” I believe they are in spot #5. They are set to surpass Saudi Arabia and Egypt and move in #3. And they have such a undervalued currency?

Member: Based on what you feel do you think August is likely or closer to the November elections because Sudani said before the end of his term

MZ: I believe Iraq is ready to go …and has been ready for some time now.

Member: Trump had once said that the fiat money will go away in 2026 will that mean we will have the gold system by next year so we should go soon on the Rv

Member: Trump says we will boom in 5-6 months. Please Lord, help it not to be that long for the RV.

Member: If The Trump admin send out DOGE rebate checks….that could be a good cover for the reset.

MZ: It would not surprise me that he would send out tariff checks or something when this all goes. To help those who do not own foreign currency get through the transition. Trump has a serious soft spot in his heart for the working class. Maybe part of Nesara/Gesara?

Member: E-mail from bank, change of owners and now offers wealth management and advisors, everything else stays the same.

Member: Mark- do you still think zim is going to go as well?

MZ: I wouldn’t have bought it if I didn’t.

Member: Rumor is Venezuela will be on par with Zim notes

MZ: They would sure have to get busy then….

Member: Article out that Iran is dropping 4 zeros.

MZ: Yes…Iran is dropping 4 zeros and will keep the name of the rial. Still told they are hoping Iran will be going in the first basket at the same time as everyone else.  

Member: Who will be sending us emails informing us of the RV?

Member:  We will not be contacted personally. We believe 800# will be made available (DinarRecaps etc) to call.

Member: Also Mark, TNT, Frank, Bruce ect….should give us that info when it happens.

Member: Have a great day everyone

Mod:  ​​REMEMBER NO PODCASTS ON MONDAY NIGHTS. SEE YALL AT 10AM EST FOR COFFEE WITH MARK. UNLESS THERE IS BREAKING NEWS

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=RjBEdB1SLXQ

“Tidbits From TNT” 8-4-2025

TNT:

Tishwash:  The Iraqi government has granted Chinese companies oil investments to develop fields over five years. 

Reuters reported on Monday that the Iraqi government has granted numerous Chinese companies investment opportunities in the oil sector to increase production and develop fields over the next five years.

"Chinese companies offer competitive financing, reduce costs by using cheaper Chinese labor and equipment, and are willing to accept lower profit margins to win long-term contracts," the agency quoted Ali Abdul Amir of the state-run Basra Oil Company as saying, as monitored by the "Wadih" platform.

He continued, "These companies are known for their speedy project execution, strict adherence to timelines, and high capacity to operate in areas facing security challenges. He added that doing business with the Chinese is much easier and less complicated than with Western companies." link

Tishwash:  A government initiative to diversify the economy and boost investment confidence.

Throughout history, gold has maintained a cultural symbolism and enduring economic value. To leverage this status for the benefit of the national economy, Prime Minister Mohammed Shia al-Sudani launched an initiative to transform Baghdad into a regional center for the gold and jewelry industry and trade. The initiative, approved by the Ministerial Council for the Economy, aims to capitalize on Iraq's natural resources in gold and precious metals, regulate the local market, attract investment, and build value chains within the country.

strategic move

In this regard, economic and banking expert Dr. Nabil Rahim Al-Abadi explains that amid accelerating global economic fluctuations, demand for gold as a safe haven has surged. He explains that Prime Minister Mohammed Shia Al-Sudani's initiative to open the door to gold investment with strong government support and guarantees underscores the government's strategic direction to keep pace with global trends.

Al-Abadi added, in an interview with Al-Sabah, that gold is not just a valuable commodity, but has turned into a major investment tool in the portfolios of financial institutions and individuals alike, especially with expectations of its price rising to $3,500 per ounce by the end of this year, according to reports from Goldman Sachs Bank.

investor confidence

 He pointed out that global markets are witnessing a fundamental shift in dealing with the "yellow metal," especially with the rise in inflation and the decline in investor confidence in traditional currencies. He emphasized that during major crises, such as the Corona pandemic and the Russian-Ukrainian war, the price of gold rose by percentages ranging between (19-24)%, which strengthened its position as one of the most important hedging tools against economic risks.

 Successful experiences

He said that leading experts, such as Peter Schiff of Europak, have warned that the world is facing the largest wave of inflation in modern history, which has prompted central banks around the world to increase their gold reserves. He pointed out that the most successful model that Iraq can adopt is the system of gold exchange-traded funds (ETFs), which provide high liquidity and significantly reduce storage and insurance costs. The Gold Shares Fund, for example, is the largest gold fund in the world, managing assets amounting to hundreds of billions of dollars, making it an ideal model that can be applied to the Iraqi market.

Golden Certificates

He added that it is also possible to benefit from the experience of gold certificates offered by banks such as Banque Misr and Mashreq Bank, which allow investors to own gold without the need to store it physically, with full guarantees from the Central Bank, adding that there is a digital gold model, launched by Saudi banks such as Al Rajhi, which allows the buying and selling of gold with a minimum of (10) grams via phone applications, making it accessible to small investors.

 strict regulatory framework

When asked how Iraq could transform gold into an economic engine, the economist and banking expert explained that for the initiative to succeed, a strict regulatory framework must be established, including the establishment of an independent oversight body to oversee the quality of gold in circulation and the adoption of a transparent pricing mechanism that reflects global prices.

banking infrastructure

He emphasized the importance of developing an integrated banking infrastructure, including digital platforms for the immediate buying and selling of gold, along with tax exemptions to encourage storing gold in bank vaults rather than at home. He also proposed providing low-interest gold-backed loans, allowing businesspeople to benefit from price fluctuations without significant financial risk. He also emphasized the importance of building central vaults secured according to global security standards, which would be a crucial step in ensuring investor confidence.

 Challenges and risks

Al-Abadi believes that there are challenges that cannot be ignored, most notably: price fluctuations, as the difference between the buying and selling price may reach (15%) in some unregulated markets, which requires imposing a regulatory ceiling not exceeding (1.5%), in addition to the risks of home storage, which increases the possibility of theft, which requires incentives to encourage storage in bank vaults. He also believes that the trading of fake gold is a constant risk in emerging markets, and requires obligating banks to issue guarantee certificates of purity.

gradual strategy

He noted that Iraq could become a major player in the regional gold market if it follows a gradual strategy, starting with building the necessary infrastructure within six months, then launching digital platforms and certificates of deposit within a year, and finally linking the local market to global gold exchanges within three years. He noted that the success of this initiative will depend not only on government support, but also on tripartite cooperation between the government as a guarantor, banks as a carrier, and investors as a key driver. In times of crisis, gold becomes a currency of trust that can contribute to strengthening the Iraqi economy and integrating it into the global market with steady steps, rather than just being an investment.

fundamental reforms

For his part, economic expert Asaad Al-Rubaie said: “The current government has launched a series of steps to diversify financial revenues away from oil by implementing a package of fundamental reforms targeting non-oil revenues, including reforming the tax system by expanding the tax base, automating collection, combating tax evasion, supporting the private sector, and establishing strategic projects such as petrochemical plants and paving and expanding strategic roads, which represent a very important part of the success of any economic renaissance.” He indicated that the recent approval by the Ministerial Council for the Economy to establish the International Gold City in Baghdad comes in line with the objectives of the government program to support industrial development and provide job opportunities.

 Diversifying the economy

Al-Rubaie, speaking to Al-Sabah, considered launching such an initiative to localize the gold industry an important tributary to diversifying the economy away from oil, adding an important and strong pillar to the Iraqi economy and consolidating Iraq's economic position on the global map. It may be the first step in presenting Baghdad as a regional economic center, representing an excellent destination for global capital to invest in, and offering it as a competitor to other countries and cities such as Dubai, Istanbul, and others.

Integrated city

Al-Rubaie explained that the project aims to launch an integrated city with international standards for the gold industry, including units for gold and jewelry crafting, training and qualification centers for national cadres, and advanced markets and a stock exchange for gold trading. He described the initiative as reflecting a significant economic transformation aimed at localizing the gold industry and creating jobs, while supporting the private sector and enabling it to play a greater role in the national economy.

City of Gold

He added that Baghdad will have a strong influence and presence in the gold sector. In the year (2023), the Iraqi gold stock reached (145) tons, according to data from the World Gold Council. The country ranked first in the Arab world and seventh globally among the central banks that bought the most gold last year. He pointed out that the city of gold makes Baghdad an integrated regional hub that brings together manufacturing, training, marketing and trading in an integrated environment, and presents Baghdad as a regional competitor for the gold industry and its formulation. And re-export it.  link

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Tishwash:  The Kurdistan Regional Government (KRG) has begun preparations to hand over oil to SOMO

 The Kurdistan Regional Government (KRG) has begun preparations to hand over oil to SOMO and foreign companies have returned to the oil fields.

The committee formed to investigate the 22 drone attacks on the Kurdistan Regional Government (KRG) oil fields has not yet submitted its final report to Iraqi Prime Minister Mohammed Shia Sudani, the newspaper Al-Arabiya al-Jadeed reported.

He added that the companies that left the oil fields have now returned to the oil fields and resumed their work and the Kurdistan Regional Government has begun preparations to export oil through SOMO.

He said the region will be responsible for compensating the companies for the amount allocated for domestic use, while SOMO will deal with foreign marketing. 

The Iraqi Council of Ministers approved the agreement between the Kurdistan Regional Government and the federal government in an extraordinary meeting on July 17,

According to the agreement, the Kurdistan Regional Government will immediately hand over all oil produced in the Kurdistan Regional Government (KRG) to the Oil Marketing Company (SOMO) for export and the Iraqi Ministry of Finance for each barrel According to the budget amendment law, it will pay $16 to the KRG, provided that the amount received is not less than 230,000 barrels per day, and if the amount of production is increased, it will be added to the current amount "It will be through a joint committee of the two governments. In the event of oil exports stopping for any reason, the entire amount will be returned to the Federal Oil Ministry.

"According to the report, the Kurdistan Region currently produces 280,000 barrels of oil per day, of which 50,000 barrels are for domestic consumption," the Council of Ministers said "It will use the remaining 230,000 barrels and deliver them to Iraq. Any excess will be delivered to SOMO in the future. link

Mot:  Letting Ya Knows How the Diet is AGoing!!!!  

Mot: Ya Keeps It Anyways !!!!! 

Iraq Economic News and Points To Ponder Monday Morning 8-4-25

A Government Initiative To Diversify The Economy And Boost Investment Confidence. 
 
Economic 08/04/2025  Baghdad: Hussein Thaghab  Throughout history, gold has maintained a cultural symbolism and  enduring economic value.
 
To leverage this status for the benefit of the national economy,   Prime Minister Mohammed Shia al-Sudani launched an initiative to  transform Baghdad into a regional center for the gold and jewelry industry and trade.

The initiative, approved by the Ministerial Council for the Economy, aims to
     capitalize on Iraq's natural resources in gold and precious metals,
     regulate the local market,
     attract investment, and
     build value chains within the country.
 
Strategic Move 
 
In this regard, economic and banking expert Dr. Nabil Rahim Al-Abadi explains that  amid accelerating global economic fluctuations,  demand for gold as a safe haven has surged.

He explains that  Prime Minister Mohammed Shia Al-Sudani's initiative to
     open the door to gold investment with  strong government support and   guarantees
     underscores the government's strategic direction to keep pace with global trends.
 
Al-Abadi added, in an interview with Al-Sabah, that 
gold is not just a valuable commodity,
but has turned into a major investment tool in the portfolios of
     financial institutions and individuals alike,
          especially with expectations of its price rising to $3,500 per ounce by the end of this year, according to reports from Goldman Sachs Bank.  He pointed out that
 
Investor Confidence 
 
global markets are witnessing a fundamental shift in dealing with the "yellow metal,"
     especially with the  rise in inflation and the  decline in investor confidence in traditional currencies.

He emphasized that during major crises, such as the  Corona pandemic and the   Russian-Ukrainian war, the  price of gold rose by percentages ranging between (19-24)%, which  strengthened its position as one of the most important hedging tools against economic risks.
 
Successful Experiences 
 
He said that leading experts, such as Peter Schiff of Europak, have warned that the world is facing the largest wave of inflation in modern history, which has prompted central banks around the world to increase their gold reserves.

He pointed out that the most successful model that Iraq can adopt is the system of gold exchange-traded funds (ETFs), which provide high liquidity and significantly reduce storage and insurance costs.
 
The Gold Shares Fund, for example, is the largest gold fund in the world,  managing assets amounting to hundreds of billions of dollars, making it an ideal model that can be applied to the Iraqi market. He added that
 
Golden Certificates 
 
it is also possible to benefit from the experience of gold certificates offered by banks such as
Banque Misr and Mashreq Bank, which  allow investors to own gold without the need to store it physically,   with full guarantees from the Central Bank, adding that
 
there is a digital gold model,  launched by Saudi banks such as Al Rajhi, which  allows the buying and selling of gold with a minimum of (10) grams via phone applications,  making it accessible to small investors.
 
Strict Regulatory Framework 
 
When asked how Iraq could transform gold into an economic engine,
the economist and banking expert explained that   for the initiative to succeed, a
     strict regulatory framework must be established, including the
     establishment of an independent oversight body to oversee the quality of gold in circulation and the
     adoption of a transparent pricing mechanism that reflects global prices.
 
Banking Infrastructure 
 
He emphasized the importance of developing an integrated banking infrastructure, including
     digital platforms for the immediate buying and selling of gold, along with
     tax exemptions to encourage storing gold in bank vaults rather than at home.
 
He also proposed providing low-interest gold-backed loans,   allowing business people to benefit from price fluctuations without significant financial risk.
 
He also emphasized the importance of   building central vaults secured according to global security standards, which would be a crucial step in  ensuring investor confidence.

Challenges And Risks 
 
Al-Abadi believes that there are challenges that cannot be ignored, most notably:
     price fluctuations, as the   difference between the buying and selling price may reach (15%) in some unregulated markets,  which requires imposing a regulatory ceiling not exceeding (1.5%),
 
in addition to the risks of home storage,  which increases the possibility of theft,
     which requires incentives to encourage storage in bank vaults.

He also believes that the trading of fake gold is a constant risk in emerging markets, and
     requires obligating banks to issue guarantee certificates of purity.  He noted that
 
Gradual Strategy 
 
Iraq could become a major player in the regional gold market if it follows a gradual strategy,  starting with building the necessary infrastructure within six months,   then launching   digital platforms and certificates of deposit within a year, and finally  linking the local market to global gold exchanges within three years. 

He noted that the success of this initiative will depend not only on government support, but also on tripartite cooperation between the government as a guarantor,  banks as a carrier, and  investors as a key driver.
 
In times of crisis, gold becomes a currency of trust that can contribute to strengthening the Iraqi economy and integrating it into the global market with steady steps, rather than just being an investment.
 
Fundamental Reforms 
 
For his part, economic expert Asaad Al-Rubaie said:
 
“The current government has launched a series of steps to  diversify financial revenues away from oil by implementing a package of fundamental reforms 
     targeting non-oil revenues, including
     reforming the tax system by expanding the tax base,
          automating collection,
          combating tax evasion,
     supporting the private sector, and
     establishing strategic projects such as
          petrochemical plants and
          paving and expanding strategic roads,
which represent a very important part of the success of any economic renaissance.”

He indicated that the recent approval by the Ministerial Council for the Economy to establish the International Gold City in Baghdad comes in line with the objectives of the government program to support industrial development and  provide job opportunities.
 
Diversifying The Economy 
 
Al-Rubaie, speaking to Al-Sabah, considered launching such an initiative to localize the gold industry an important tributary to  diversifying the economy away from oil,  adding an important and strong pillar to the Iraqi economy and  consolidating Iraq's economic position on the global map.
 
It may be the first step in presenting Baghdad as a regional economic center,
     representing an excellent destination for global capital to invest in, and
     offering it as a competitor to other countries and cities such as Dubai, Istanbul, and others.
 
Integrated City 
 
Al-Rubaie explained that the project aims to launch an integrated city with international standards for the gold industry, including
     units for gold and jewelry crafting,
     training and qualification centers for national cadres, and
     advanced markets and a
     stock exchange for gold trading.
 
He described the initiative as reflecting a significant economic transformation aimed at  localizing the gold industry and  creating jobs, while  supporting the private sector and  enabling it to play a greater role in the national economy.
 
City of Gold 
 
He added that Baghdad will have a strong influence and presence in the gold sector.
 
In the year (2023), the Iraqi gold stock reached (145) tons, according to data from the World Gold Council.
 
The country ranked
     first in the Arab world and
     seventh globally among the central banks that bought the most gold last year. He pointed out that
 
the city of gold makes Baghdad an integrated regional hub that brings together  manufacturing,
     training,   marketing and   trading in an integrated environment,and presents Baghdad as a regional competitor for the gold industry and its  formulation. And  re-export it.     https://alsabaah.iq/118479-.html  

Al-Sudani's Advisor To The Iraq Observer: The Three-Year Budget Has Given Iraq Financial Stability And Salaries Are Continuing.
 
August 2, 2025  Baghdad/Iraq Observer   The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed that  the three-year budget has provided Iraq with financial stability despite the delay in the 2025 budget schedule, while  noting that salaries are continuing to be paid.  In a statement to Iraq Observer, Saleh said,
 
“The Triennial Federal Budget Law No. 13 of 2023 represents a qualitative shift in financial planning in Iraq, as  it is the first legislative experiment of its kind in the country,   enabling the executive and legislative authorities to manage public expenditures with unprecedented flexibility. He noted that
 
these expenditures constitute approximately 50% of the gross domestic product, and  we might as well     therefore represent the cornerstone of the overall demand of the Iraqi economy.”  He explained that
 
"this experiment was based on the amended Federal Financial Management Law No. 6 of 2019,
which, for the first time, authorized the enactment of a budget for three consecutive years. He indicated that
 
this step gave the government the ability to implement operational and investment budgets within a stable financial plan,   without delaying the 2025 budget schedules causing a significant disruption to the state's financial life,   particularly with regard to  salaries,   social care, and  deficit financing." 

According to the Prime Minister's advisor, "The House of Representatives added a new legal provision (Article 77/Second) to the three-year budget,   requiring the executive authority to submit an annual financial position for the following two years (2024 and 2025),  including detailed tables of
               expected revenues,
               public expenditures, the
               planned deficit, and its
               funding sources, as
                    a precautionary measure to address
                         external economic shocks and
                         unexpected changes." 

He pointed out that "the delay in submitting the 2025 schedules is due to technical and structural reasons, most notably the  fundamental amendment to the budget in February 2025 related to the evaluation of contracts    for the costs of producing and transporting Kurdistan Region oil  with the aim of implementing the region's share in the general budget,  in addition to the  sharp geopolitical fluctuations in global energy markets, the decisions of OPEC+, and the  subsequent direct repercussions on the estimation of Iraq's oil revenues."

Despite these challenges, Saleh affirmed that  "direct coordination between the executive and legislative authorities has continued uninterrupted, particularly on revenue and expenditure governance,  deficit management, and  financing. He noted that
 
there are outstanding financial rights for various functional and societal segments that are still awaiting approval of the financial tables for the 2025 budget, and that he expects these to be approved soon as part of the existing legislative procedures."
 
Saleh concluded his statement by emphasizing that "the flexibility provided by the three-year budget and the Financial Management Law has  contributed to maintaining the country's financial stability,  despite the delays in some implementation procedures."

He emphasized that the  government is proceeding with the completion of the budget requirements in cooperation with the House of Representatives,  to ensure the  sustainability of public spending and the   provision of development requirements and basic services to citizens.     https://observeriraq.net/مستشار-السوداني-الموازنة-الثلاثية-من/  

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

Seeds of Wisdom RV and Economic Updates Monday Morning 8-4-25

Good Morning Dinar Recaps,

White House Crypto Framework Brings SEC-CFTC Clarity for U.S. Markets

Trump Administration Proposes Regulatory Split to Unblock U.S. Crypto Industry

The White House’s long-awaited cryptocurrency policy recommendations have been released, signaling a potential end to years of legal ambiguity surrounding U.S. digital asset regulation. The report, issued by President Trump’s Working Group on Digital Assets, outlines a path forward for dividing responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—a move that may ease investor uncertainty and accelerate institutional adoption.

Clear Jurisdictional Boundaries for Crypto Oversight

At the heart of the proposal is a division of regulatory oversight: the CFTC would take charge of spot crypto markets, while the SEC would continue to oversee securities-related activity. This long-debated division addresses what many in the industry have described as a major hurdle—regulatory overlap and inconsistent enforcement.

“Letting each body oversee the instruments that best align with their expertise avoids duplication and confusion,” said Edwin Mata, blockchain lawyer and CEO of tokenization platform Brickken.

According to Mata, this framework allows for “consistent legal interpretations”, an essential development in a jurisdiction like the United States, where precedent and case law play a central role. In the past, fragmented legal positions forced U.S. courts to mediate between agencies, often delaying innovation and creating compliance confusion.

“This will promote coherent jurisprudence and allow legal opinions to be formed on solid ground,” Mata said.

Ripple Lawsuit Resolution Sets the Stage

The policy release follows closely behind a milestone legal development: the resolution of the SEC’s high-profile lawsuit against Ripple Labs.

In March 2025, Ripple CEO Brad Garlinghouse announced the SEC had formally dropped its appeal of the case, calling the outcome a “resounding victory” for Ripple and the broader crypto sector. The multi-year dispute began in December 2020, when the SEC alleged that Ripple had raised $1.3 billion through unregistered sales of XRP.

In 2023, Judge Analisa Torres ruled that XRP was not a security when sold to retail investors—though institutional sales were deemed securities offerings. Ripple was fined $125 million, with the court approving a joint motion in June 2025 to release escrowed funds to pay the settlement.

The case clarified the application of U.S. securities law to digital tokens and contributed to the broader push for more precise regulatory definitions.

Key Hurdle to U.S. Innovation Addressed

Analysts at crypto exchange Bitfinex view the White House’s recommendation as an important step forward, particularly in legitimizing crypto firms through structured regulatory treatment.

“This addresses a key hurdle stopping U.S. crypto innovation,” the analysts noted, referring to ambiguous securities laws that have stalled capital formation and discouraged domestic growth.

They pointed out the report's alignment with broader legislative goals, including the CLARITY Act, which seeks to establish “same risk, same rules” principles across crypto and traditional finance. However, the Bitfinex team also warned of unresolved risks:

• A continued push for heightened SEC enforcement against non-compliant firms;

• Lack of clarity on a proposed U.S. Bitcoin reserve policy;

• And concerns over community fragmentation if regulatory burdens are perceived as excessive.

Ongoing Questions: Custody Rules and Dollar-Backed Innovation

While the White House report lays a foundation, analysts noted that banking custody regulations for crypto service providers remain unclear. This regulatory gap could still hamper progress for token issuers, exchanges, and institutional custodians.

“There is speculation that this is being worked on,” the analysts said, suggesting additional guidance may be forthcoming.

The report also links stablecoin infrastructure to the U.S. dollar’s long-term competitiveness, aligning with Trump administration goals to strengthen dollar dominance through blockchain innovation and global tax compliance.

Conclusion

The White House’s digital asset framework represents a critical inflection point for U.S. crypto markets, offering long-sought regulatory clarity through a formal SEC-CFTC split. While further progress is needed—particularly around custody, tax policy, and central bank reserves—the report marks a significant shift toward institutional scalability and legal certainty for the American blockchain sector.

@ Newshounds News™
Source: Cointelegraph

~~~~~~~~~

CFTC Launches “Crypto Sprint” to Implement Trump Administration’s Digital Asset Roadmap

Agency to Collaborate with SEC on Onchain Finance Strategy

The U.S. Commodity Futures Trading Commission (CFTC) has announced a new initiative titled “Crypto Sprint”, aimed at accelerating regulatory progress on cryptocurrency markets. The announcement comes just one week after the White House released its comprehensive Digital Asset Market Structure Report, crafted by President Donald Trump’s Working Group on Digital Assets.

According to CFTC Acting Chair Caroline Pham, the initiative reflects the agency’s intent to swiftly operationalize the report’s recommendations and collaborate with the Securities and Exchange Commission (SEC) on delivering legal clarity for crypto market participants.

“The CFTC is wasting no time in fulfilling President Trump’s vision to make America the crypto capital of the world,” Pham said in an official statement. “Providing regulatory clarity now and fostering innovation in digital asset markets will deliver on the Administration’s promise to usher in a Golden Age of Crypto.”

CFTC Positioned to Oversee Spot Crypto Markets

The 168-page report from the Trump administration lays out a multipronged roadmap for integrating blockchain infrastructure into the U.S. financial system. Among its most notable recommendations is a proposal to grant the CFTC formal jurisdiction over spot crypto markets—a critical gap in current regulatory coverage.

The document also calls for enhanced interagency coordination with the SEC to define key processes related to crypto trading, registration, and investor protection, while urging Congress to affirm Americans’ right to self-custody digital assets without intermediaries.

Project Crypto: A Regulatory Modernization Effort

The CFTC’s Crypto Sprint aligns with a broader interagency effort known as Project Crypto, which is also rooted in the White House’s digital asset agenda. The project aims to modernize securities rules to accommodate the structural evolution of capital markets toward onchain systems.

According to SEC Chair Paul Atkins, Project Crypto will prioritize drafting new rules around token distributions, custody arrangements, and digital asset trading. Together, the SEC and CFTC are expected to lay the regulatory foundation necessary to support the transition from traditional financial infrastructure to blockchain-native systems.

“This joint regulatory strategy is not simply reactive,” said a senior official familiar with the matter. “It is proactive, forward-looking, and designed to scale with the next generation of digital capital markets.”

Sharp Policy Reversal from Prior Administration

The Crypto Sprint and Project Crypto initiatives signal a clear departure from the previous administration’s adversarial and ambiguous stance toward crypto regulation. Under prior leadership, industry leaders frequently criticized regulators for inconsistent messaging and enforcement actions that lacked statutory clarity.

By contrast, the Trump administration’s approach emphasizes regulatory precision, interagency coordination, and private-sector innovation. The White House report not only envisions an expanded role for crypto in domestic finance but also encourages policies to solidify U.S. leadership in global digital asset development.

Next Steps and Industry Impact

While the CFTC has not disclosed which recommendations from the report it will prioritize, the Crypto Sprint is expected to generate formal rulemakings and public consultation processes in the months ahead. Legal analysts anticipate that early actions will likely focus on spot market jurisdiction, exchange registration pathways, and clear definitions for commodity tokens.

Industry groups have largely welcomed the initiative. Regulatory certainty—especially around custodial rights, token classifications, and institutional access—has long been cited as the key barrier to broader crypto adoption in the U.S.

As Acting Chair Pham emphasized, the CFTC’s efforts are aimed at transforming the U.S. into a global hub for digital asset innovation, in line with the administration’s stated goal of mainstreaming blockchain technology across financial and public-sector systems.

@ Newshounds News™
Source: The Block

~~~~~~~~~

Ripple Named One of the World’s Largest Private Companies in 2025

Ranked 23rd globally with $15 billion valuation, Ripple accelerates growth through global expansion and tokenization infrastructure.

Ripple has cemented its position as one of the most significant players in both the blockchain sector and the broader private market landscape. According to the latest CB Insights report, Ripple now ranks as the 23rd largest private company in the world, with an estimated valuation of $15 billion.

This achievement places Ripple ahead of well-known firms such as Klarna ($14.5B) and defense-tech startup Anduril ($14B), and underscores the company’s resilience during a period marked by legal uncertainty and broader crypto market turbulence.

Global Recognition Among the Unicorn Elite

Out of a total list of 1,276 unicorns, Ripple is not only one of the few blockchain-focused companies to make the top tier, but it also stands out as a leader in crypto financial infrastructure.

Other prominent names on the list include:

• SpaceX ($350B) – The top-ranked company with nearly $948 million in Bitcoin reserves.

• ByteDance and OpenAI – Tied for second with $300 billion valuations.

• OpenSea, Bitmain ($12B), and KuCoin ($10B) – Representing other crypto-based firms, though trailing behind Ripple.

Ripple’s ascendance into the top 25 illustrates its evolution from a cross-border payments innovator into a comprehensive digital finance platform, offering tokenized services and enterprise-grade solutions.

Core Drivers of Ripple’s Valuation Surge

Ripple’s position in the rankings is driven by a confluence of strategic, legal, and market-based developments:

• SEC Case Resolution Imminent

After nearly four years of legal disputes, Ripple settled with the U.S. Securities and Exchange Commission (SEC) for $50 million on May 8. A final judgment is expected by August 15, potentially lifting regulatory restrictions and freeing up capital currently held in escrow.

• Ripple Payments Platform Transformation

Ripple has rebranded and expanded its payments infrastructure to include tokenized services for enterprises, transitioning from a single-use platform to a multi-asset, multi-jurisdictional ecosystem.

• Strategic Middle East Expansion

The company is deepening its presence in the UAE through partnerships with Zand Bank and Mamo, both aimed at accelerating real-time cross-border payments.

• European MiCA License Pursuit

Ripple has confirmed its intent to apply for a Markets in Crypto-Assets (MiCA) license, facilitating broader operations across the European Economic Area (EEA) under a harmonized regulatory framework.

• U.S. Trust Bank Application

Ripple has filed with the Office of the Comptroller of the Currency (OCC) to establish a limited-purpose national trust bank. This entity will support Ripple’s stablecoin (RLUSD) operations and bolster the company’s tokenized finance infrastructure.

• RLUSD: Most Trusted Stablecoin

Ripple’s recently launched RLUSD stablecoin has been ranked as the most trusted in the market, reinforcing confidence among institutions and retail users alike.

• XRP Price Momentum

According to Google’s Gemini model, XRP is projected to reach $4.45 by August 31, supported by strong technical indicators and increased on-chain activity.

• Institutional Trust and Community Support

Ripple maintains robust support from a global community and enjoys a reputation for corporate transparency, especially in contrast to peers in the digital asset space.

No Plans for IPO in 2025

Despite its valuation and market momentum, Ripple is not pursuing an Initial Public Offering (IPO) this year.

CEO Brad Garlinghouse clarified at the CfC St. Moritz conference that going public is not under consideration in 2025. President Monica Long reinforced this position, stating that the company has ample liquidity and is focused on operational expansion, not capital fundraising.

Conclusion: Ripple Sets the Standard for Blockchain Enterprises

Ripple’s entry into the upper echelon of the global private market is a milestone for the crypto industry. It reflects a broader trend in which digital asset companies are maturing into compliant, capitalized, and globally relevant financial infrastructure providers.

As Ripple prepares for the final phase of its SEC case and scales operations across major global markets, its path appears set to influence how private blockchain firms position themselves in the evolving regulatory and financial landscape.

@ Newshounds News™
Source: Coinpedia   

~~~~~~~~~

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FRANK26….,8-3-25….ALOHA….SHUT DOWN

KTFA

Sunday Night Video

FRANK26….,8-3-25….ALOHA….SHUT DOWN

Intel starts about minute 7:00

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=gB81cqUBR2c

Updates on the Financial System, Global Reset, and Currencies for August 2025

Updates on the Financial System, Global Reset, and Currencies for August 2025

Jon Dowling:   8-2-2025

In a recent illuminating podcast conversation with Jon Dowling, esteemed financial expert Lynette Zang offered a profound exploration of the seismic shifts underway in the global financial system.

Her central thesis: the world is witnessing an unprecedented transformation of its monetary foundations, moving away from a traditional fiat system towards something entirely new.

Zang’s deep insights underscore the demise of the current monetary order and the rise of a digital, debt-based alternative, all while emphasizing the enduring importance of “sound money.”

Zang, renowned for her focus on physical gold and silver as stable assets, highlighted their immunity to the inflationary pressures often exerted by governments and central banks. She posits that these precious metals serve as vital safeguards in an economic environment increasingly characterized by currency devaluation.

A critical point of discussion was the recently passed Genius Act. Zang identifies this legislation, which provides a regulatory framework for stablecoins, not merely as a technical update, but as a strategic maneuver to usher in a more digital, debt-driven financial environment.

The underlying implication, she warns, is that this digital transition is designed to mask the inevitable hyperinflation that will accompany the unwinding of the current fiat system. The move towards digital programmable money and corporate-issued stablecoins is a significant step in this direction.

Zang and Dowling dissected the Federal Reserve’s current policies, particularly the decision to hold off on immediate interest rate cuts. This, Zang posits, is part of a larger economic manipulation, playing into the “dying status” of the U.S. dollar.

She introduced the concept of a “melt-up” phase in markets – a period where asset prices experience exponential surges before an inevitable crash. This scenario aligns perfectly, in her view, with the transition to a more controlled, digital financial landscape.

The conversation also touched upon the real estate market, noting a cooling in historically hot areas. Zang drew parallels to past economic crises, predicting a significant shift in housing values in the coming months, which she sees as coinciding with the broader monetary reset.

Perhaps the most eye-opening prediction was the strong likelihood of a substantial gold revaluation, potentially soaring to $15,000–$20,000 per ounce, or even higher.

 Zang views this as a crucial mechanism to address colossal national debts and restore a semblance of fiscal responsibility. Gold, she stressed, remains the ultimate fair measure and store of value, indispensable for any meaningful monetary reform.

Silver, too, is poised for a historic price run, with ongoing physical repatriation and persistent market manipulation being key factors.

The conversation seamlessly transitioned to geopolitical shifts, specifically the rise of the BRICS coalition. Zang highlighted its growing influence in global trade and finance, directly challenging U.S. dollar dominance and fostering a multipolar currency system backed by real assets and commodities.

She reiterated that while all fiat currencies are fundamentally devaluing, gold remains the ultimate currency metal – a foundational truth in a world seeking tangible value.

Interestingly, Zang and Dowling emphasized the importance of inclusivity across different financial communities – cryptocurrency, precious metals, and traditional fiat – to effectively navigate the impending transition.

The discussion also delved into potential political dynamics, including the role of figures like Judy Shelton in advocating for a gold-backed monetary system and the eventual phasing out of the Federal Reserve.

The podcast concluded with a powerful call to action: individuals must prepare, diversify their assets, and educate themselves on these profound shifts.

 Zang highlighted her ongoing educational efforts and community initiatives, all focused on promoting sound money principles and fostering community resilience.

Lynette Zang’s expertise, particularly in precious metals, offers a grounded perspective on how gold and silver remain critical safeguards amidst hyperinflation and currency devaluation.

This extensive conversation with Jon Dowling serves as an essential guide to understanding the seismic shifts occurring in global finance, stressing not only the challenges but also the emerging opportunities for those who are informed and prepared.

https://youtu.be/zvKhCF6KSL0

$132 Billion in Gold Bought... But Who’s Really Buying? | Joseph Cavatoni

 $132 Billion in Gold Bought... But Who’s Really Buying? | Joseph Cavatoni

Kitco News:  8-1-2025

In this Kitco News interview, Cavatoni reveals the sharp decline in U.S. retail gold buying, the surge in Chinese bar and coin demand, and why over 90 tonnes of gold were purchased off-book by unnamed official sector entities.

With ETFs flooding back in, jewelry demand collapsing, and shadow central bank buying accelerating, Cavatoni outlines a gold market that’s strong in value - but fragmented in volume.

Key topics:

– $132B in quarterly gold demand: what's behind the record?

– ETF inflows spike amid macro shock and rate cut bets

– U.S. retail investors disappear, China steps in

– Stealth central bank accumulation: who’s buying and why?

– Jewelry demand plunges in India and China

– Off-market OTC buying and sovereign strategy

– Is gold’s rally built on real demand or speculation?

00:00 Introduction

01:06 Gold Demand Analysis

02:30 Investment and ETF Flows

05:47 Geographic Participation in Gold ETFs

 07:11 Bar and Coin Demand

 09:16 Central Bank Gold Accumulation

11:46 Jewelry Market Trends

14:14 Supply Side and Mining Production

17:23 Conclusion

https://www.youtube.com/watch?v=QviNJ7ZiDm8

**

Iraq Economic News and Points To Ponder Sunday Afternoon 8-3-25

Economist: The Decline In Citizens' Purchasing Power Limits The Rise In The Exchange Rate
 
Time: 08/02/2025 15:27:56 Read: 585 times  {Economic: Al-Furat News} Economic expert Salah Nouri confirmed today, Saturday, that the dollar exchange rates in the parallel market depend primarily  on demand for trade purposes from neighboring  countries. 

He added in a statement by {Al-Furat News} that "demand depends on the purchasing power of the Iraqi citizen, and  currently purchasing power is weak and  the possibility of it continuing due to the financial crisis and the delay in disbursing salaries,  which is a large segment". 

Nouri pointed out that "if the election campaign goes on its correct democratic path without  exploiting public money or the flow of money from abroad, the  price of the dollar will remain in its current state without an excessive rise".      https://alforatnews.iq/news/خبير-اقتصادي-تراجع-القدرة-الشرائية-للمواطن-يحد-من-ارتفاع-سعر-الصرف   

Suspicious Platforms And A Market Without Laws Or Oversight... Cryptocurrencies Are Invading Iraq.
 
Baghdad Today – Baghdad  At a time when the global shift to a digital economy is accelerating,  Iraq is witnessing a significant increase in digital trading and cryptocurrency activity,  amidst the absence of
regulatory legislation and a   legal environment lacking the necessary controls.
 
Warnings of the worsening phenomenon are beginning to mount, especially with the  expansion of unlicensed platforms and the  increasing popular interest in these markets, which are described as complex and high-risk.  Internationally, cryptocurrencies such as  Bitcoin, Ethereum, and  others have become part of the alternative financial ecosystem, used for trading, investments, and even  cross-border transfers.
 
Although many countries have rushed to regulate this sector byenacting strict laws or  adopting regulatory frameworks, Iraq remains a bystander, lacking clear legislation or a regulatory body for this activity.
 
With the increasing use of the internet and digital payment methods,  economic analysts believe that
     Iraqis are gradually entering the world of digital trading through global and local platforms,  many of which lack any official licenses or legal oversight,  exposing users to significant risks.

Speaking to Baghdad Today,  economic affairs expert Nasser Al-Tamimi expressed his concern about the growth of digital trading in Iraq, noting that it has become a real threat on both the financial and social levels.

He said,  "The rapid growth in the number of Iraqi traders, especially  in the absence of legal regulation,   is a dangerous gateway to  financial fraud or even  money laundering."

Al-Tamimi asserts that  "the state cannot remain a spectator  to this ever-expanding digital financial phenomenon  without taking action to establish clear controls and legislation   that protect users' rights and safeguard the national economy."

He points out that some parties may exploit digital currencies as a tool for  smuggling funds or circumventing sanctions,  potentially   exposing the country to international pressure.
 
According to observers, digital trading and cryptocurrencies pose a new challenge to the Iraqi economy, unexpectedly emerging amid a clear legislative vacuum and a risky environment.

While countries around the world are addressing this phenomenon from a precise regulatory and technical perspective,  Iraq still lacks a legal and strategic vision for it. Al-Tamimi noted that
 
the very nature of the digital market,  which is based on sharp and sudden fluctuations, could result in huge losses for unskilled users,  especially with the promotion of a culture of "quick profit" without sufficient awareness of the risks. 

In light of this situation, Al-Tamimi called for the formation of a specialized committee comprising experts from the financial, technical, and legal sectors.
 
This committee would be tasked with  studying the reality of cryptocurrencies in Iraq and offering clear recommendations that would contribute to formulating a balanced legal framework.
 
According to Al-Tamimi, the required framework should "encourage innovation, but at the same time,
     set barriers to abuse and protect society from potential negative repercussions."
 
With the growing number of users and some platforms transforming into centers for collecting unsecured funds,  there is a pressing need for urgent government action to regulate this sector, not only   to protect citizens, but also to  ensure that cryptocurrencies do not become a dangerous loophole in the country's economic and security barrier.    https://baghdadtoday.news/280042-.html   

Iraqis Do Not Trust Banks. More Than 90% Of The Money Supply Is Outside The Banking System. Close Up
 
2025-08-02 02:58  Shafaq News - Baghdad   The relationship between Iraqi citizens and banks, both governmental and private,  remains isolated or nearly severed, especially when it comes to depositing money with these banks.
 
Citizens view these banks as deep wells that hide their money beneath the routine of lengthy transactions, while they see the rooms and closets of their homes as the safest places for their cash.
 
Citizen Wajdan Saleh is one of those people.
 
She is afraid to deposit her money in Iraqi banks and prefers to keep it at home, citing  her fear that the banks will not easily return her money if she needs it.
 
"I once deposited 5 million dinars in a government bank, and when I went to withdraw it after a long period of time,  they asked me to follow impossible procedures that took more than a week," Wajdan told Shafaq News Agency.

Wajdan added that since then she has not deposited any money, even the remittances she receives from relatives outside Iraq, which she receives immediately upon arrival.
 
"The lack of trust between citizens and banks has led to citizens  hoarding their money at home and  not depositing it in banks,  which has significantly impacted the monetary aggregate," MP Mustafa Al-Karawi asserted.

He added, "The issue of  developing the banking sector and  merging banks has been raised repeatedly in parliament, and the primary reason behind this is the loss of confidence citizens have had in the banking system in Iraq." 
 
Speaking to Shafaq News, Al-Karawi explained that this problem stems from long-standing issues related to weak electronic and banking accounting systems, which has made citizens  reluctant to use them and
 prefer to withdraw their full salaries as soon as they are deposited into the card, leaving no balance. 

He points out that the absence of modern banking systems has led people to refrain from depositing and saving in banks, which has led many to hoard their money at home, which in turn  eads to economic stagnation and reduces the amount of liquidity circulating in the market.
 
Al-Karawi calls for raising citizens' awareness and banking culture, as well as for  government and commercial institutions and the  private sector  to adopt e-commerce transactions, as  an important path to stimulating economic activity.

He concluded by saying that deposits in banks  not only provide financial security for citizens, but also enable banks to provide development services such as loans and advances,  which contribute to  stimulating the market and achieving the desired economic growth.
 
Economist Dr. Ali Daadoush told Shafaq News Agency,
 
"The phenomenon of hoarding money  amounts to 92% of the monetary mass outside the banking system. It represents a fundamental challenge to the monetary and financial structure in Iraq and
     is one of the most prominent manifestations of the structural fragility of the monetary economy."

He emphasized that "this phenomenon is complex and has  behavioral,   institutional, and  economic dimensions."  He adds, "The culture of hoarding is not a new phenomenon.
 
It is an extension of  decades of political and economic instability, from  blockades to sanctions, from a lack of security to fragile institutions.
 
During these periods,  the idea that paper money in your pocket is better than money in the bank became ingrained in the Iraqi mindset.

However,  this culture did not remain within the framework of individual behavior alone,  but rather transformed into a general phenomenon,  stifling the economic cycle and  weakening the ability of banks to perform their vital functions,  from financing to investment, from oversight to the activation of monetary instruments." 

 Daadoush points out that "the majority of those who hoard cash are individuals,   particularly in small towns, rural areas, and areas not covered by banking services.
 
This is due to a lack of trust in banks, a  result of  past experiences of bankruptcy, seizure, or corruption, and the  absence of a culture of financial inclusion in the educational and media systems."  Daadoush points to "the difficulty of banking procedures, the  lack of widespread branch presence, and the
decline in digital banking services, which  push people to cling to cash as an easier means of payment."
 
According to experts, this phenomenon has many negative aspects, including the  central bank losing effective control over the money supply, and its tools, such as interest rates and rediscounting, becoming less effective.
 
Meanwhile, banks suffer from a liquidity crunch, which weakens their ability to finance projects and pushes investors toward informal financing.
 
Furthermore, managing inflation due to the unofficial money supply  negatively impacts the central bank's decisions in achieving its primary objective of controlling the general price level and achieving stability.
 
Citizen Abdul Ali Alwan told Shafaq News Agency,  "The procedures for opening a bank account require official identification documents and an amount not exceeding $100.
 
This is normal, but the problem becomes more complicated if we are asked to withdraw part of the deposited amount."  He added,  "Routine procedures hinder the withdrawal process and take more than a week."
 
Due to the instability and the   closure of some private banks due to external sanctions, some people refuse to deposit money in these banks.  Contractor Abdul Zahra Fadel explains, "There are often times when there is a quick and urgent need for money,but banking procedures stand in the way.
 
Some private banks are subject to sanctions that require them to shut down for a period of time, and
then we face numerous problems."
 
He pointed out in an interview with Shafaq News Agency:  "When a citizen opens a bank account in hard currency, the money transferred to him through the bank is not disbursed in the same currency," noting that "the money transfer is also  not delivered at the parallel rate  under the pretext that the account opened with the bank is in hard currency, and  another account must be opened in local currency in order to withdraw the transfer."

He asserts that "banks in Baghdad adopt complex and often unreasonable procedures that place customers in prolonged suffering.  This is completely different from the banks in the region,which enjoy ease and transparency in all their banking transactions."
 
Ultimately, the Iraqi government  must improve the administrative performance of banks and  increase citizen confidence in the banking system by facilitating the procedures for withdrawing and depositing funds.    
  
https://shafaq.com/ar/تقارير-وتحليلات/العراقيون-لا-ي-تمنون-البنوك-كثر-من-90-من-الكتلة-النقدية-خارج-النظام-المصرفي 

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