Dr. Scott Young: How the Gold Standard Actually Works to Replace the US Budget
Dr. Scott Young: How the Gold Standard Actually Works to Replace the US Budget
9-9-2025
In this detailed and reflective video, Dr. Scott explores the complex economic challenges facing the United States, particularly focusing on the national debt crisis and the potential role of gold revaluation as a solution to replace the traditional federal budget and the IRS system.
He begins by explaining his personal journey of questioning the future and seeking divine guidance on what actions and thoughts are necessary amid ongoing financial turmoil. Dr. Scott critiques common financial terminology and stresses the importance of backing hope with evidence.
Dr. Scott Young: How the Gold Standard Actually Works to Replace the US Budget
9-9-2025
In this detailed and reflective video, Dr. Scott explores the complex economic challenges facing the United States, particularly focusing on the national debt crisis and the potential role of gold revaluation as a solution to replace the traditional federal budget and the IRS system.
He begins by explaining his personal journey of questioning the future and seeking divine guidance on what actions and thoughts are necessary amid ongoing financial turmoil. Dr. Scott critiques common financial terminology and stresses the importance of backing hope with evidence.
The core of the discussion revolves around the unsustainable U.S. federal debt, currently exceeding $37 trillion, with annual interest costs nearing $1 trillion—surpassing the entire defense budget.
The government’s persistent overspending and reliance on borrowing create a debt spiral that threatens economic stability, exacerbated by the risk of rising interest rates which would further inflate debt-servicing expenses.
Dr. Scott highlights the paradox that government spending is a critical driver of GDP, so drastic budget cuts could trigger a recession and shrink tax revenues, worsening the debt problem.
Drawing parallels with Japan’s nearly two-decade-long experience in yield curve control, Dr. Scott warns that the U.S. is on a similar path of unsustainable debt and monetary policy with no viable exit, leading to inflation and economic stagnation. He references the Bretton Woods Agreement and Japan’s role in supporting the U.S. dollar to illustrate historical financial interdependence.
A significant portion of the video discusses recent federal proposals around gold revaluation, including legislation that could require the Federal Reserve to revalue gold certificates to their fair market value and adjust the budget accordingly.
This revaluation could create new budget-neutral spending power without increasing debt, potentially replacing the IRS tax system and ending the Federal Reserve’s current monetary regime.
Dr. Scott explains how previous gold revaluations, such as those in the 1930s, effectively devalued the dollar and expanded government spending power.
He further analyzes the gold reserves available in the U.S. and globally, discussing estimates of gold holdings and their potential to cover trillions in budget shortfalls if revalued at higher market prices.
This could enable a massive fiscal reset: eliminating national debt, balancing the budget, and instituting a gold-backed currency with zero inflation and simple interest.
Dr. Scott emphasizes that such a transformation would require coordinated action between the military, economic, and political spheres.
In addition to the fiscal discussion, Dr. Scott touches on state-level budget abuses and fraudulent spending as examples of systemic inefficiencies. He warns against speculative financial schemes like QFS crypto and advocates for a grounded, faith-based approach to understanding economic reforms.
Finally, he frames the ongoing efforts as a “war” against corrupt cabal interests, with the military playing a crucial role in enforcing executive orders to reclaim control over the economy.
Throughout the video, Dr. Scott encourages viewers to balance hope with faith grounded in evidence, acknowledging the difficulty and length of the process but promising transformative change on a global scale.
For a deeper dive into this groundbreaking proposal and to explore the full details of Dr. Scott Young’s vision, we highly recommend watching his complete video for further insights and information.
Iraq Economic News and Points To Ponder Tuesday Morning 9-9-25
Iraq Is At The Heart Of A Global Digital Storm. Iraqis Are Increasingly Buying Cryptocurrencies, And There Are Warnings Of Risks To The Iraqi Economy.
September 8, 2025 Baghdad / Iraq Observer In recent years, Iraq has witnessed an escalating debate about cryptocurrencies, a phenomenon that has swept the world, transforming money flows from traditional banking channels to a borderless and unregulated digital space.
While Iraq ranks relatively high globally in cryptocurrency adoption indicators, official voices are increasingly raising their voices, most notably the warnings of the Central Bank of Iraq and the Prime Minister's financial advisors, regarding the legal, financial, and security risks these currencies pose, which could be devastating to individuals and the national economy.
Iraq Is At The Heart Of A Global Digital Storm. Iraqis Are Increasingly Buying Cryptocurrencies, And There Are Warnings Of Risks To The Iraqi Economy.
September 8, 2025 Baghdad / Iraq Observer In recent years, Iraq has witnessed an escalating debate about cryptocurrencies, a phenomenon that has swept the world, transforming money flows from traditional banking channels to a borderless and unregulated digital space.
While Iraq ranks relatively high globally in cryptocurrency adoption indicators, official voices are increasingly raising their voices, most notably the warnings of the Central Bank of Iraq and the Prime Minister's financial advisors, regarding the legal, financial, and security risks these currencies pose, which could be devastating to individuals and the national economy.
Reasons Why Iraqis Are Turning To Cryptocurrencies
Mazhar Mohammed Saleh, the financial advisor to the Prime Minister, explained in a statement to the Iraq Observer that the use of cryptocurrencies in Iraq is due to "many reasons," most notably individuals' reliance on these currencies for remittances abroad to avoid the fees and restrictions of the traditional banking system.
He added that the lack of banking options, especially in underserved areas, has prompted many to opt for decentralized digital methods that the digital space easily provides.
Saleh believes that this phenomenon is not limited to Iraq, but that it has taken on a more dangerous character in the country due to the fragility of the traditional financial system and the lack of official channels for citizens to resort to.
This has made cryptocurrencies a quick and accessible option for a wide segment of the population, especially young people.
*Central Bank warnings and looming risks Despite the growing popularity, Saleh notes that the Central Bank of Iraq has issued stern warnings against dealing or trading in cryptocurrencies, citing the risks associated with financial volatility, fraud, and terrorist financing.
He explained that "the risks of using cryptocurrencies are very significant and real," as many young people have been exposed to fraud, significant financial losses, and a lack of legal recourse due to dealing with unlicensed platforms.
He explained that trading often takes place through unofficial brokers or using virtual private networks (VPNs) to circumvent restrictions, making these transactions far removed from any legal or banking protection.
The financial advisor emphasized that relying on informal methods, such as brokers in neighboring countries, to facilitate transfers or withdrawals increases the fragility of these transactions.
Digital Theft And Lack Of Guarantees
Furthermore, the high volatility makes people vulnerable to quickly losing their savings with any sharp change in cryptocurrency prices. Saleh continues that one of the most significant risks of this phenomenon is the exposure of traders to what he calls "digital theft," given that trading is illegal and lacks any safeguards or frameworks to protect investors.
He notes that the absence of a protective banking or legal authority makes trading in cryptocurrencies an uncalculated risk that could wipe out individuals' savings in an instant.
He also pointed out that these operations constitute a form of "digital money laundering," which falls under the Anti-Money Laundering and Counter-Terrorism Financing Law.
He noted that AML/CFT regulations apply to digital transactions, especially if they are linked to a criminal purpose, indicating that violators face severe penalties that may include imprisonment for 5 to 15 years, or a fine of up to five times the amount of laundered funds.
*Iraq in the "Global Adoption" Index of Cryptocurrencies
In contrast to these warnings, international data confirms the extent of the phenomenon's spread in Iraq. The "Global Adoption" Index for Cryptocurrencies revealed that Iraq ranked relatively high globally, ranking among the top third of countries worldwide in digital currency use.
According to the sixth edition of the global index, which ranks 151 countries, Iraq ranked 44th globally, with a score of 0.05, placing it at the forefront of the region's countries that have adopted cryptocurrencies at the grassroots level.
Iraq outperformed countries such as Saudi Arabia, Oman, Kuwait, the UAE, Qatar, and Bahrain in this ranking. However, countries such as Türkiye, Yemen, and Jordan ranked higher than Iraq, indicating that the Middle East region as a whole is witnessing a frantic race in the field of digital currencies.
Asia-Pacific: The Largest Growth Arena
Internationally, data showed that the Asia-Pacific region was the fastest-growing region in cryptocurrency activity, with a 69% increase in value received year-on-year over the past twelve months.
Total cryptocurrency transaction volume in the region also increased from $1.4 trillion to $2.36 trillion, reflecting the global boom in this sector. https://observeriraq.net/العراق-في-قلب-العاصفة-الرقمية-صعود-في/
Strengthening Digital Infrastructure
Economic 09/09/2025 Dr. Nabil Rahim Al-Abbadi Electronic signatures are a cornerstone of banks' digital transformation, providing a reliable technical and legal basis for electronic transactions.
This aligns with Iraq's efforts to improve its digital infrastructure, as stated by the Minister of Communications.
Relying on electronic signatures will reduce the need for paper documents, lowering operational costs associated with printing, storage, and transportation.
It will also speed up transaction procedures such as opening accounts and issuing loans, reducing waiting times from days to minutes in some cases. Furthermore, it uses advanced encryption technologies, reducing the chances of forgery and fraud.
This enhances customer confidence in digital banking services, a vital step in an environment marked by increasing cyber risks.
Having an internationally recognized electronic signature means that Iraqi banking documents and transactions will be accepted internationally, opening doors for cooperation with international banks and making Iraq more attractive to foreign investment.
Digital signatures are the fuel for accelerating digital banks (or digital branches of traditional banks), enabling the provision of complete services online without the need for a physical presence, such as opening accounts completely remotely, signing contracts and agreements securely, and completing lending and financing transactions seamlessly.
With a solid legal and technical foundation, banks can develop and offer innovative financial services such as mobile banking with a more secure experience, crowdfunding platforms that require authenticated signatures on agreements, and Wealth-Tech (digital wealth management) services that rely on secure electronic contracts.
Electronic signatures eliminate geographical barriers, allowing banks to reach customers in remote areas or those who prefer a fully digital banking experience.
This aligns with the digital transformation vision that aims to include all citizens.
Despite the significant advantages, the success of e-signatures in the Iraqi banking sector faces some challenges, most notably digital infrastructure. Gaps in internet coverage and reliability remain in some areas of Iraq, potentially limiting the effectiveness of e-signatures.
Culture and trust are also key here, and both customers and employees need to be educated about the importance and security of e-signatures.
Intensive training programs are also needed, as is cybersecurity.
With increased reliance on digitization, banks increasingly need to invest heavily in advanced cybersecurity systems to protect customer data and transactions from attacks.
The launch of e-signatures in Iraq is a step in the right direction and could be a powerful catalyst for the banking sector.
To realize the full benefits, collaboration between the public and private sectors is essential:
Banks should work closely with the Ministry of Communications and regulatory authorities to ensure that e-signature systems comply with international standards, invest in infrastructure and security, and adopt technologies such as cloud computing and blockchain to enhance security and efficiency.
I see the imperative of organizing comprehensive awareness campaigns to educate customers on the benefits and use of electronic signatures to build trust and drive adoption.
I also believe it is imperative to conduct ongoing training for staff to develop the skills of bank employees to navigate new technologies and manage digital platforms efficiently.
In short, this decision is not just a technical addition, but a strategic shift that lays the foundation for the Iraqi banking sector to compete regionally and globally, and to enter the era of digital banking with confidence and security. ttps://alsabaah.iq/120203-.html
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Is It Time To Ring The Bell On Gold?
Is It Time To Ring The Bell On Gold?
Notes From the Field By James Hickman (Simon Black) September 4, 2025
In our April edition of our premium investment research service, we told subscribers about a highly promising precious metals company— one that we thought was deeply undervalued.
The company had rapidly grown its production nearly 20x in just a few years, not to mention they had also paid off ALL of their debt. Yet they were still trading at just a few times earnings.
Is It Time To Ring The Bell On Gold?
Notes From the Field By James Hickman (Simon Black) September 4, 2025
In our April edition of our premium investment research service, we told subscribers about a highly promising precious metals company— one that we thought was deeply undervalued.
The company had rapidly grown its production nearly 20x in just a few years, not to mention they had also paid off ALL of their debt. Yet they were still trading at just a few times earnings.
With strong cash flow, solid management, and rising gold and silver prices, it was precisely the kind of deep-value setup we look for. This company is now up 5x just since April.
We’ve been very bullish on the precious metals story for the past few years; we have been writing very consistently that gold prices would continue surging higher because central banks around the world are losing confidence in the dollar.
Just this week we told you that foreign governments and central banks now own more gold than they own US government bonds; it’s the clearest sign yet that foreign powers are lining up against the dollar.
Yet while we have been predicting higher gold prices for years, we have been particularly bullish on gold (and other precious metals) companies, i.e. mining, royalty, and service businesses.
And this prediction has also been correct; while precious metals prices are rocketing higher, shares of the companies which produce these metals are performing even better.
Silver, for example, has increased by 33% since April, while one of our silver companies has increased by 400%.
Another silver company we highlighted in March is up 230% in six months.
A gold company we highlighted more than a year ago has increased by 300% in the same time frame that gold has shot up 100%.
We said this would happen. And we said that when investors realized what they were missing, the rise in these companies’ values could happen very quickly. This is precisely what we’re seeing now.
Month after month through our premium investment research service (called the 4th Pillar), we have presented our subscribers with companies that were debt-free, well-managed, extremely profitable... yet trading at laughably cheap valuations.
While the general stock market right now is trading near record-high price/earnings ratios, our featured precious metals companies were trading at multiples as low as TWO.
There’s just one problem: the market is starting to notice. After all, these are all publicly traded companies.
Everyone can see their quarterly financials. Quarter 1 of 2025 was solid. Q2 was exceptional. Q3 earnings are coming out soon, and they will be even better.
What we have been saying for years is no longer a secret. It’s all out in the open now, and investors are piling in to these gold and silver businesses.
The thing is, these companies still look pretty cheap, simply because they are making so much money and their earnings are growing rapidly.
So despite rising by up to 5X, we believe many of these precious metals companies could still double again in value over the next few months as countless investors start piling in.
We want to make sure our readers still have the chance to participate in this rally over the next few months.
So if you haven’t yet invested in this historic boom, we think the next few months are set to be absolutely enormous... and could be the last opportunity to get in during this phase of the cycle.
That’s why we really want to encourage you to join our our premium investment research, the 4th Pillar.
In just this month’s edition— which comes out tomorrow— you’ll read about several undervalued gold and silver companies which our chief analyst believes are still primed for major growth over the next few months.
You’ll also hear about another unique real asset company that has a storied history going back to George Washington in the 1790s.
If you’re interested in joining the 4th Pillar and learning more about our tremendously valuable investment research, please click here for more.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
“Tidbits From TNT” Tuesday Morning 9-9-2025
TNT:
Tishwash: Iraqi Oil: Signing Major Investment Contracts and Expanding Gas Investment
The Ministry of Oil confirmed on Monday that major investment contracts had been signed and gas investments had expanded, as Iraq has become an attractive investment environment for the oil industry. It noted significant progress in the extraction, refining, gas, and distribution sectors .
“Iraq has signed major contracts with international companies such as Chevron and BB to develop fields in Nasiriyah and Kirkuk, in addition to the integrated gas development project in the Artawi field, with a value exceeding $10 billion,” said Undersecretary of the Ministry, Bassem Khadir, in a speech during the opening of the third Iraq International Oil and Gas Exhibition, which was followed by the “ Al-Sa’a ” network.
TNT:
Tishwash: Iraqi Oil: Signing Major Investment Contracts and Expanding Gas Investment
The Ministry of Oil confirmed on Monday that major investment contracts had been signed and gas investments had expanded, as Iraq has become an attractive investment environment for the oil industry. It noted significant progress in the extraction, refining, gas, and distribution sectors .
“Iraq has signed major contracts with international companies such as Chevron and BB to develop fields in Nasiriyah and Kirkuk, in addition to the integrated gas development project in the Artawi field, with a value exceeding $10 billion,” said Undersecretary of the Ministry, Bassem Khadir, in a speech during the opening of the third Iraq International Oil and Gas Exhibition, which was followed by the “ Al-Sa’a ” network.
He added, "The ministry has increased its gas investment percentage from 45% to 70%, with an ambitious plan to close the flared gas file by 2028. Work is also underway on renewable energy projects, most notably a 1,000-megawatt solar power plant ."
He pointed out that "the integrated project in Artawi includes four axes: increasing oil production, exploiting gas from five fields, establishing a solar energy project, and using seawater injection to increase pressure in oil fields ."
Khadir emphasized that "Iraq is working to develop the infrastructure and human resources in the oil sector, while supporting national companies and raising their efficiency to match their partnerships with international companies, thus enhancing development in all governorates and creating ample job opportunities link
Tishwash: Al-Sudani: Iraq has overcome all challenges and today represents a fundamental pillar of security and stability in the region.
Prime Minister Mohammed Shia al-Sudani affirmed on Monday that Iraq has overcome all challenges and is today a fundamental pillar of security and stability in the region .
His office stated in a statement received by the Mail that "Al-Sudani met, in the Belgian capital, Brussels, with NATO Secretary General Mark Rutte, during which bilateral relations between Iraq and the NATO mission in Iraq were discussed ."
Al-Sudani expressed his "appreciation for Rutte's invitation to participate in the North Atlantic Council meetings," noting that "Iraq has overcome all challenges and today represents a fundamental pillar of security and stability in the region ."
He stressed that "social cohesion in Iraq is its strength," emphasizing "the need for the international community to play its role in stopping the war in the region and the grave violations being committed in Gaza ."
For his part, Rutte expressed his "appreciation for Iraq's role in stabilizing security in the region," praising the "significant shift in the management of all issues during the current government's tenure ."
He praised the "great support that NATO's mission in Iraq receives link
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Tishwash: Steve Lutes: US companies are ready to support economic diversification in Kurdistan.
The Vice President of the American Chamber of Commerce, Steve Lutes, confirmed that the Prime Minister of the Kurdistan Region, Masrour Barzani, seeks to diversify the economy in Kurdistan, stressing that American companies are ready to cooperate in this field.
A delegation from the American Chamber of Commerce, comprising more than 30 companies, is currently visiting Erbil to invest in various sectors within the Kurdistan Region.
Steve Lutes told Kurdistan 24 on Sunday that the delegation is not only listening to economic opportunities from officials, but is also seeking to connect with local businesspeople, with the goal of finding new partners and increasing trade and investment activity in the Kurdistan Region.
"Kurdistan Regional Prime Minister Masrour Barzani is focused on diversifying the economy, and we believe American companies will be able to seize these opportunities and contribute to achieving this goal," Lutz added. link
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Tishwash: Al-Sudani's advisor reveals the extent of the development path's contribution to the Iraqi economy.
Mudhar Mohammed Salih, advisor to the Iraqi Prime Minister, revealed on Monday that the development road project will contribute 20% to diversifying the national economy.
Salih said in a press interview that "the development road project, which connects the port of Faw in southern Iraq to Turkey via a 1,200 km railway and road network, is one of the largest logistics projects in the region, with an estimated cost of $17 billion."
He added that "the project will open the door to diversifying the national economy as the road is connected to free economic zones, industrial cities and advanced logistics services," expecting that "it will contribute approximately 20% to diversifying the national economy in terms of its contribution to the gross domestic product in the long term."
Salih pointed out that "this will be a basis for employing a national workforce of approximately one million workers and activating important joints in the national economy, in addition to advanced land and rail transportation services, in addition to attracting regional and international investments continuously as it connects the Gulf to Europe via Turkey, which are important economic regions globally in terms of relative weight."
The government advisor concluded his remarks by saying, "The project will sustainably strengthen the Iraqi economy and improve the country's resilience to global market fluctuations. If invested efficiently and integrated with plans to boost industry, trade, and services, its impact could undoubtedly be as significant as that of oil in the long term." link
Mot: When - Enough is Enough!!!!
Mot: . Not What She Was Hoping For
FRANK26….9-8-25……TALKING
KTFA
Monday Night Video
FRANK26….9-8-25……TALKING
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#
KTFA
Monday Night Video
FRANK26….9-8-25……TALKING
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#
Iraq Economic News and Points To Ponder Monday Evening 9-8-25
Experts: Banking Reforms Are Necessary To Enhance Financial Stability.
Economic 09/08/2025 Morning: Hussein Faleh The Iraqi banking sector is undergoing a pivotal phase marked by comprehensive reform and institutional development.
The Central Bank, in collaboration with private banks, the government, and the global consulting firm Oliver Wyman, is implementing a strategic plan aimed at enhancing financial stability, diversifying the economy, and gradually transitioning from a cash to a digital economy.
Experts: Banking Reforms Are Necessary To Enhance Financial Stability.
Economic 09/08/2025 Morning: Hussein Faleh The Iraqi banking sector is undergoing a pivotal phase marked by comprehensive reform and institutional development.
The Central Bank, in collaboration with private banks, the government, and the global consulting firm Oliver Wyman, is implementing a strategic plan aimed at enhancing financial stability, diversifying the economy, and gradually transitioning from a cash to a digital economy.
Experts believe these efforts pave the way for ending restrictions on Iraqi banks' dollar transactions and opening new horizons for the banking sector to achieve sustainable development.
pivotal stage
Economic expert Dr. Mustafa Hantoush explained that"the Central Bank and the banking system are going through a critical phase that could lead to the end of restrictions imposed on Iraqi banks' dollar transactions."
He pointed out that "the Central Bank's decision to extend the deadline for increasing the capital of banks included in the reform to more than two years, instead of the previous deadline of the end of this year, reflects a state of joint cooperation with these banks and supports them in facing challenges." Hantoush told Al-Sabah:
Final Report
“The Central Bank has contracted with Oliver Wyman to conduct a comprehensive study of the banking sector,” noting that “the company completed its study and submitted its initial report three weeks ago, while the final report was issued recently, including a package of mechanisms to address banking challenges and regulate dollar transactions.
” He added that “these mechanisms are currently under discussion between the Central Bank and the consulting firm,” expecting “the dialogue between the two sides to continue to reach compromises, whether by extending the capital increase period to more than three years, or reducing the required amounts in line with the capabilities of Iraqi banks.”
tangible progress
For his part, Economic and Banking Advisor Samir Al-Nusairi stated that "the measures and efforts led by the Central Bank of Iraq,in cooperation and consultation with private banks, have yielded tangible progress in implementing the objectives, mechanisms, and standards of the comprehensive banking reform project.
This progress is being made in partnership with the government and the global consulting firm Oliver Wyman, and within the framework of the Central Bank's third strategy.
productive sectors
" Al-Nusairi explained to Al-Sabah that "the project came in response to current economic challenges and an effort to enhance the banking sector's role in supporting sustainable development by activating non-oil productive sectors, diversifying sources of national income, achieving financial stability and economic growth, regulating foreign trade financing, supporting infrastructure projects for digital transformation, and expanding the use of electronic payment tools to achieve financial inclusion." Al-Nusairi explained that
international recognition
"the reform and development plan for the banking sector for the period 2025-2028 focuses on
developing the banking system and ensuring its compliance with international banking and accounting standards, building a modern, flexible, and inclusive banking sector, enhancing citizens' confidence locally, and obtaining international recognition for its transparency and commitment to standard criteria, ensuring the confidence of global correspondent banks.
It also aims to rehabilitate restricted or weakly active banks to enable them to return to full operations. It also aims to focus the role of banks on financing and development lending, enhancing financial inclusion and increasing its percentage.
It also aims to move from a cash economy to a digital economy by withdrawing funds circulating outside the banking cycle – which constitutes approximately 80 percent – and integrating them into the banking system." Al-Nusairi pointed out that
Evaluation and classification
"what has been achieved during the years 2023, 2024, and until mid-2025 represents 'ambitious' levels in building the foundations upon which the reform project is based, which has enabled the evaluation and classification of banks according to their level of achievement of objectives.
" He noted that "there are banks that have achieved remarkable progress, while others still need additional time, while exceptional efforts are being made by the Central Bank and the administrations of some troubled banks to rehabilitate them."
Central Bank Governor Ali Al-Alaq had previously revealed details of the banking reform plan,
particularly regarding the foreign partner and the plan's objectives, stressing that the foreign partner is not a condition of the reform plan, while indicating that the banking reform is based on international laws and standards.
Reform plan
Al-Alaq said,"The banking reform plan is not a surprise, but rather a well-thought-out plan, and it took more than a year to develop in coordination with banks and international bodies. It was agreed upon the need to review the Iraqi banking sector after years of practical experience.
" He pointed out that, "After numerous problems emerged, all parties agreed to adopt a plan that would place our banks within international standards and practices, and within the framework of the Central Bank Law and the Iraqi Banking Law. Therefore, the standards are not innovative, but rather stem from the Central Bank Law." https://alsabaah.iq/120119-.html
The Central Bank Governor Meets With The United Nations Development Programme Representative.
September 08, 2025 His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, met with the new Resident Representative of the United Nations Development Programme in Iraq (Mr. Titon Mitra) at the Central Bank's headquarters in Baghdad.
The meeting addressed a range of key issues in cooperation between the two parties, focusing on
providing advice on technical aspects and controls related to the regulatory framework for e-commerce, with the goal of working toward consumer protection and enhancing a safe environment for the growth of the digital economy.
During the meeting, His Excellency the Governor reviewed the tangible progress made in the digital transformation of electronic transactions across trade and services, and the reduction of reliance on cash.
He highlighted the importance of cooperation on advisory and technical aspects with various specialized international and regional organizations.
His Excellency also addressed the Central Bank's plan to reform the banking sector, the key stages it is undergoing, and the cooperation with Oliver Wyman.
Mr. Mitra commended the cooperation between the Central Bank of Iraq and the United Nations Development Programme, pointing out the Central Bank's reform plan for the banking sector to consolidate the pillars of this important sector, which influences the stability of economic and commercial activity in Iraq. https://cbi.iq/news/view/2976
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economic Updates Monday Evening 9-8-25
Good Evening Dinar Recaps,
BRICS Anti-America Strains Rise as JP Morgan Predicts US Dollar Future
Despite de-dollarization campaigns, JPMorgan says the U.S. dollar’s dominance remains entrenched for decades to come.
JPMorgan’s Dollar Dominance Outlook
JPMorgan analysts argue that the U.S. dollar’s global supremacy is not easily displaced. Their research points to deep and liquid capital markets, rule of law, predictable legal systems, and robust USD liquidity as foundations of dollar dominance.
Good Evening Dinar Recaps,
BRICS Anti-America Strains Rise as JP Morgan Predicts US Dollar Future
Despite de-dollarization campaigns, JPMorgan says the U.S. dollar’s dominance remains entrenched for decades to come.
JPMorgan’s Dollar Dominance Outlook
JPMorgan analysts argue that the U.S. dollar’s global supremacy is not easily displaced. Their research points to deep and liquid capital markets, rule of law, predictable legal systems, and robust USD liquidity as foundations of dollar dominance.
While dollar reserves fell from 73% in 2001 to 58.4% in 2023, the share has stabilized since 2021. JPMorgan concludes that fears of a rapid U.S. dollar collapse are overstated, saying erosion of its role would take decades, not years.
Trump’s Escalating Anti-BRICS Stance
President Donald Trump has sharpened rhetoric against BRICS nations, threatening 100% tariffs on countries moving away from the dollar. His approach toward India has been particularly volatile, swinging from labeling it a “dead economy” to reaffirming U.S.-India ties.
These tensions highlight the political flashpoints driving speculation about dollar stability, even as structural realities keep the greenback secure.
BRICS Push for Alternatives
Despite JPMorgan’s confidence, BRICS nations continue to pursue alternatives:
Russia and China are expanding non-dollar payment systems.
India is extending its digital payment network to regional partners.
Still, JPMorgan cautions that fragmentation of international payments is a bigger near-term risk than outright de-dollarization.
Market Reality vs. Political Rhetoric
Financial voices emphasize the gap between BRICS ambitions and global trade realities.
Ted Jenkin, CEO of oXYGen Financial, noted: “With the exception of Europe, the dollar is the most widely used currency by far around the world.”
Even China, while cutting U.S. Treasury holdings, increased purchases of other U.S. securities, signaling continued reliance on dollar assets.
According to the Federal Reserve, 60% of international claims remain dollar-denominated, unchanged since 2000 and far above the euro’s 20%.
Why This Matters
While BRICS nations push for de-dollarization, the U.S. dollar remains the cornerstone of global finance. JPMorgan’s analysis suggests that structural advantages, institutional trust, and widespread usage ensure its dominance will endure well beyond today’s political disputes.
@ Newshounds News™
Source: Watcher Guru
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Thank you Dinar Recaps
The Real Reason The Treasury is Buying Back So Much Debt
The Real Reason The Treasury is Buying Back So Much Deb
Heresy Financial: 9-8-2025
TIMECODES
00:00 Treasury Buybacks Explained
00:28 Fed vs Treasury – Key Differences
01:22 How the Treasury Manages Money
02:20 Treasury Bonds, Notes, and Bills
03:40 America’s Growing Deficit
04:17 How Treasury Auctions Work
05:01 Buying and Selling Treasuries
06:07 Why the Government Is Buying Back Debt
07:06 The Credit Card vs Mortgage Analogy
08:11 Why Short-Term Debt Is Replacing Long-Term Debt
09:50 What’s Really Driving Buybacks
11:00 Why the Numbers Don’t Add Up
11:37 Fed Rate Cuts and Short-Term Debt Strategy
13:43 Liquidity Problems in the Treasury Market
15:31 The Real Reason Behind Treasury Buybacks
16:22 Can This Game Keep Going?
Gold Telegraph: The World is Changing by the Day
Gold Telegraph: The World is Changing by the Day
9-8-2025
BREAKING NEWS: POLAND’S CENTRAL BANK GOVERNOR PLANS TO PROPOSE AN INCREASE IN THE TARGET FOR GOLD AS A PERCENTAGE OF RESERVES TO 30% FROM 20%
It is starting to add up. Boom…
“Poland’s central bank Governor Adam Glapinski plans to propose an increase in the target for gold as a percentage of reserves to 30% from 20% currently, he said…”
Gold Telegraph: The World is Changing by the Day
9-8-2025
BREAKING NEWS: POLAND’S CENTRAL BANK GOVERNOR PLANS TO PROPOSE AN INCREASE IN THE TARGET FOR GOLD AS A PERCENTAGE OF RESERVES TO 30% FROM 20%
It is starting to add up. Boom…
“Poland’s central bank Governor Adam Glapinski plans to propose an increase in the target for gold as a percentage of reserves to 30% from 20% currently, he said…”
Job growth BADLY missed expectations in August. Here comes the rate cut… Spot gold is surging again right now.
Gold is sending a very loud message all over the world. There is a reason why gold is one of the most FEARED assets globally. This is getting wild.
Tether. The world’s largest stablecoin is in talks about investing in gold miners. Connecting the virtual and physical world… I am really starting to get trolled.
Fiat currencies are absolutely being destroyed against gold. Why would there be mercy when paper money can just be printed? You don’t have to be an Einstein to understand this… However, Gold bugs are starting to look pretty smart.
The best opportunities aren’t found by chasing… they are unlocked by recognizing patterns. What the market once despised is now what the world is mesmerized by: Gold. The movie is getting good, no?
At Beaver Creek last year, I asked @Frank_Giustra a simple question: When will capital flow back into miners? The industry was broken then. Now? Things have changed massively. The lesson? Broken sometimes represents a huge opportunity.
BREAKING NEWS: THE UNITED STATES IS CALLING FOR AN INDEPENDENT REVIEW OF THE US CENTRAL BANK, INCLUDING ITS MONETARY POLICY.
Change is in the air.
“Bessent criticized the Fed for expanding beyond its mandate, including pumping too much stimulus via quantitative easing and undertaking excessive regulation of the banking system…”
BREAKING NEWS: A SECOND TANKER CARRYING LIQUEFIED NATURAL GAS FROM A US-SANCTIONED RUSSIAN EXPORT PLANT HAS ARRIVED IN CHINA
Another one.
“The LSEG tracking data indicated the Russian Voskhod LNG tanker was anchored at an LNG terminal in the port of Tieshan in China’s southwestern province of Guangxi…”
The People’s Bank of China increased its gold holdings in August for the 10th month. Again. The diversification away from the dollar is REAL. Gold is at the center of it all.
Africa holds around 30% of the world’s critical mineral reserves, and it’s fast becoming the battleground between East and West for control. Don’t overlook this story… or Botswana, a nation poised to play a big role in the years ahead. The next big trend…
“Lithium batteries.”
Don’t be fooled. Less than 10% is lithium. Nearly HALF of the cathode is nickel… the true backbone of the EV battery. Again: Half nickel. That’s where the real story lies. It’s why @elonmusk told miners in 2020: “Please mine more nickel. Tesla will give you a giant contract for a long period of time…”
A key story that many people missed this week? Germany is warning Europe… If China keeps outbidding Europe for copper scrap, a critical supply chain will be destroyed. This is about sovereignty, not just metal. Leaders are finally starting to wake up.
BREAKING NEWS: CHINA IS MOVING TO RESUME ITS DOMESTIC BOND MARKET WITH TOP RUSSIAN ENERGY COMPANIES
Energy…
“Russian ‘panda bond’ sales would be first since 2017 and reflect deepening ties between Moscow and Beijing…”
Source: https://www.ft.com/content/ee8ddacb-79be-4000-a1ed-716d52c60a37
As I have been saying for years: Watch the petrodollar. China is opening its bond market to Russian energy giants. With yuan financing and the Power of Siberia 2 pipeline, energy flows are shifting away from the dollar and the petrodollar era. The world is changing by the day.
Source(s): https://x.com/GoldTelegraph_/status/1963796212076650661
https://dinarchronicles.com/2025/09/07/gold-telegraph-the-world-is-changing-by-the-day/
Iraq Economic News and Points To Ponder Monday Afternoon 9-8-25
Iraq Seeks To Increase Its Share Of Global Oil Markets.
Energy Economy News – Baghdad SOMO confirmed that Iraq seeks to increase its production and export share in line with global market needs and balance, as it is the second-largest producer in OPEC.
SOMO General Manager Ali Nizar said, "Iraq possesses exceptional investment opportunities in the oil and gas sector, making it an open market for reputable international companies."
Iraq Seeks To Increase Its Share Of Global Oil Markets.
Energy Economy News – Baghdad SOMO confirmed that Iraq seeks to increase its production and export share in line with global market needs and balance, as it is the second-largest producer in OPEC.
SOMO General Manager Ali Nizar said, "Iraq possesses exceptional investment opportunities in the oil and gas sector, making it an open market for reputable international companies."
He added, "The company's plans focus on strengthening Iraq's position as a pivotal energy hub by diversifying export outlets, entering into partnerships with global refineries, providing strategic storage sites, and expanding the pipeline network." https://economy-news.net/content.php?id=59799
Iraqi Oil Prices Decline On The Global Market.
Economy | 08/09/2025 Mawazine News - Baghdad - Iraqi oil prices declined on Monday, with the opening of daily trading in the global market.
According to data reviewed by Mawazine News, Basra Heavy crude recorded $64.81 per barrel, while the average recorded $68.01 per barrel, with a change of -0.38 for both.
On the other hand, the data showed an increase in global crude prices, as British Brent crude recorded $66.69 per barrel, while US West Texas Intermediate crude recorded $63.00 per barrel, with a change of +1.18 and +1.12, respectively. https://www.mawazin.net/Details.aspx?jimare=266434
The US State Department Expresses Its Dissatisfaction With Baghdad's Policy Toward The Kurdistan Region.
The head of the Kurdistan Regional Government's Office of Foreign Relations, Safeen Dizayee, announced on Monday that the US State Department had informed the Iraqi government of its dissatisfaction with the policy pursued towards the region.
Dizayee explained that this position is due to the ongoing tensions between Baghdad and Erbil on sensitive issues, most notably the sharing of financial revenues, salaries, and disagreements related to oil agreements. These disagreements hinder cooperation and negatively impact political and economic stability in Iraq in general and the region in particular.
Dizayee indicated that Erbil continues its efforts to strengthen its relations with countries with advanced economic and industrial expertise, such as Thailand, to benefit from their experiences in developing economic sectors.
He also noted that the regional capital is currently hosting more than six economic forums and conferences organized by consulates and embassies from European countries and others from the United States, an indication of international confidence in the region as a stable investment destination. https://www.radionawa.com/all-detail.aspx?jimare=42555
For The Fourth Day, The Dollar Exchange Rate Remains Stable In Baghdad.
Economy | 11:41 - 08/09/2025 Mawazine News – Baghdad The exchange rate of the US dollar against the Iraqi dinar witnessed relative stability on stock exchanges, with a relative decline on some exchanges.
On the Baghdad stock exchange, the selling price reached 143,500 dinars per $100, while the buying price reached 142,900 dinars per $100. However, at money exchanges, the selling price reached 144 dinars and the buying price 142 dinars. https://www.mawazin.net/Details.aspx?jimare=266440
Gold Exceeds $3,600 For The First Time In Its History
Stock Exchange
Spot gold hit an all-time high on Monday, reaching $3,600.46 per ounce, the first time in its history, driven by growing expectations of a Federal Reserve interest rate cut this month following unexpectedly weak employment data last week.
Spot gold was trading at $3,586.81 per ounce at 01:21 GMT. The price of gold rose to a record high of $3,599.89 on Friday.
US gold futures for December delivery fell 0.7 percent to $3,626.10.
"The key factor is the US jobs data and expectations of a 50 basis point rate cut in September. It's a slim chance, but it represents a significant shift compared to the situation before the jobs data," said Kael Rodda, an analyst at Capital.com.
He added, "In general, all factors are pushing gold prices higher at the moment, and despite the surprise inflation data this week, we will see a good test of the $3,600 level."
U.S. employment growth weakened sharply in August, and the unemployment rate rose to a nearly four-year high of 4.3 percent, underscoring the weakening strength of the labor market and strengthening the chances of a Federal Reserve interest rate cut next week.
The gold price currently reflects expectations of a 25 basis point cut this month, with an 8 percent probability of a cut as large as 50 basis points, according to the CME Group's FedWatch tool.
Lowering interest rates reduces the opportunity cost of holding gold and weakens the dollar, making gold cheaper for investors holding other currencies.
Focus now turns to Thursday's US inflation report, which may provide further clarity on the size of the Federal Reserve's expected interest rate cut.
Gold prices have risen 37 percent so far this year, following gains of 27 percent in 2024, driven by a weaker dollar, central bank buying, monetary easing, and prevailing geopolitical and economic uncertainty.
The People's Bank of China added gold to its reserves in August, continuing its purchases of the precious metal for the tenth consecutive month.
Meanwhile, gold traders increased their net long positions by 20,740 contracts to 168,862 contracts in the week ending September 2.
As for silver, its spot price fell 0.5 percent to $40.75 per ounce, while platinum rose 0.1 percent to $1,374.35, and palladium remained unchanged at $1,109.71. https://economy-news.net/content.php?id=59806
Political | 08/09/2025 Mawazine News - Baghdad – President Abdul Latif Jamal Rashid discussed, on Monday, with the Chargé d'Affaires of the United States Embassy to Iraq, Joshua Harris, developing joint cooperation and enhancing dialogue in the capital, Baghdad.
The Presidency said in a statement received by Mawazine News, "The meeting discussed bilateral relations between the two countries and encouraging initiatives that serve the interests of the two friendly peoples. His Excellency the President of the Republic affirmed Iraq's keenness to build balanced partnerships based on mutual respect and common interests."
He continued, "Regional and international developments were reviewed, emphasizing the importance of continuing efforts to achieve regional stability and promote constructive dialogue between various parties."
For his part, Mr. Joshua Harris expressed his pride in representing his country in Iraq, stressing his aspiration to work together to consolidate relations and enhance cooperation in various fields, in a way that contributes to supporting security, stability and prosperity in the region." https://www.mawazin.net/Details.aspx?jimare=266450
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economic Updates Monday Afternoon 9-8-25
Good Afternoon Dinar Recaps,
SEC Launches Cross-Border Pump-and-Dump Prevention Task Force
The new initiative targets market manipulation schemes and signals future reforms for crypto assets.
A New SEC Task Force
The U.S. Securities and Exchange Commission (SEC) has unveiled a new Cross-Border Task Force aimed at protecting American investors from fraud. The initiative will focus on foreign companies that attempt to skirt U.S. oversight through schemes like pump-and-dump operations.
Good Afternoon Dinar Recaps,
SEC Launches Cross-Border Pump-and-Dump Prevention Task Force
The new initiative targets market manipulation schemes and signals future reforms for crypto assets.
A New SEC Task Force
The U.S. Securities and Exchange Commission (SEC) has unveiled a new Cross-Border Task Force aimed at protecting American investors from fraud. The initiative will focus on foreign companies that attempt to skirt U.S. oversight through schemes like pump-and-dump operations.
SEC Chair Paul S. Atkins emphasized: “We welcome companies from around the world seeking access to the U.S. capital markets. But we will not tolerate bad actors… that attempt to use international borders to frustrate and avoid U.S. investor protections.”
The task force will consolidate investigative resources and give the SEC broader reach against transnational fraud.
Crypto Reform on the Horizon
Atkins linked the new initiative to the SEC’s Project Crypto, which supports President Donald Trump’s push to make the U.S. the world’s crypto capital. He signaled that the regulator is preparing to overhaul how digital assets are treated under securities law.
“We will work to bring crypto asset distributions back to America. The days of convoluted offshore corporate structures, decentralization theater, and confusion over security status are over,” Atkins said.
He added that the SEC had previously discouraged crypto-based capital raising, pushing innovation offshore. The new approach seeks to reverse that trend and restore opportunities for investors.
Why This Matters
The SEC’s new task force reflects a broader shift: tighter scrutiny on global market manipulation and a coming reset in crypto regulation. For U.S. investors, the message is clear—Washington intends to both protect markets from foreign fraud and position America as the center of digital asset innovation.
@ Newshounds News™
Source: Daily Hodl
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This Week’s US Economic Calendar: CPI, PPI, and Jobs Data to Watch
Markets brace for key reports that could shape the Fed’s September decision and ripple across stocks, gold, and crypto.
Markets Price in Rate Cut
Traders enter the week with high conviction that the Federal Reserve will cut rates at its September meeting. Futures point to a 96–97% probability, bolstered by weak labor market data showing just 22,000 jobs added in August. Bond yields have slipped, equities are climbing, and gold has reached new highs near $3,588/oz.
Tuesday: Inflation Revision
The week begins with a BLS 12-month inflation data revision. If revisions trend higher, it could pressure the Fed and weigh on Bitcoin and Ethereum. Softer numbers may instead provide relief for risk assets.
Wednesday: Producer Price Index
Midweek brings the Producer Price Index (PPI). Rising wholesale prices would signal sticky inflation, a negative for risk assets. A cooler PPI, however, could give crypto markets room for a rebound.
Thursday: CPI and OPEC in Focus
Thursday is the most critical day, with the Consumer Price Index (CPI) for August released alongside OPEC’s monthly oil report. Rising energy costs could intensify inflation concerns, creating a double catalyst for volatility in equities and digital assets.
Friday: Consumer Sentiment and Inflation Expectations
The week ends with the University of Michigan survey, offering a look at consumer sentiment and inflation expectations. Persistent price concerns could dampen market confidence, while optimism might fuel a late-week rally in crypto.
Why This Matters
With inflation still the Fed’s central concern, this week’s data could set the tone for the final quarter of 2025. Traders are watching bonds, commodities, and crypto closely as the Fed’s next move—and broader risk appetite—comes into focus.
@ Newshounds News™
Source: Coinpedia
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Ripple’s SEC Battle Is Over: Time To Challenge SWIFT?
With legal clarity finally secured, Ripple turns back to its original mission: competing with the world’s dominant payments network.
Ripple Clears Its Legal Hurdle
Ripple has ended its long-running battle with the U.S. Securities and Exchange Commission, bringing long-sought legal clarity to XRP, now trading near $2.93. The settlement removes a major obstacle that has hung over the company since 2020 and allows Ripple to refocus on building its payments network.
How Ripple Compares to SWIFT
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), established in 1973, processes over 53 million messages daily across 220 countries. While SWIFT is deeply entrenched, critics argue its system is outdated:
Transactions often take several days and involve high fees.
One in 10 transactions fails, while one in 20 settles late.
Even with ISO 20022 upgrades by late 2025, many see SWIFT as “legacy tech” reliant on XML.
By contrast, Ripple’s blockchain ledger offers:
Near-instant settlement
Lower costs
Greater transparency and traceability
CEO Brad Garlinghouse has long framed Ripple as a modern alternative to SWIFT, saying as early as 2018 that the company was “taking over SWIFT” by signing banks and remittance firms onto the XRP Ledger.
Why SWIFT Still Holds the Advantage
Despite Ripple’s momentum, the banking sector remains slow to change. Blockchain advocates note that replacing SWIFT’s infrastructure could take 5–7 years and cost hundreds of millions of dollars. Banks continue using SWIFT because it is already universal, trusted, and familiar.
As Ripple’s Cassie Craddock put it, “Scaling to the level of traditional providers requires tackling two key hurdles: usability and regulation.”
The Role of Regulation and Stablecoins
Ripple now benefits from unique legal clarity on XRP, but broader adoption also hinges on regulatory frameworks like the GENIUS Act, which sets rules for stablecoin issuers. Ripple’s own stablecoin, Ripple USD, is being positioned as a bridge between blockchain innovation and traditional finance.
“Stablecoins are simple, pegged to the dollar, and behave like cash,” Craddock noted, adding that this familiarity is key to winning over institutions.
Can Ripple Truly Challenge SWIFT?
SWIFT’s ubiquity is its strongest moat. For Ripple to compete, it must overcome regulatory inconsistencies, risk-averse banks, and skepticism over XRP liquidity. Still, U.S. policymakers are creating space for private digital assets to complement traditional finance — and Ripple is well positioned to benefit.
As Garlinghouse said earlier this year, “The market opportunity is massive in the U.S… there’s an opportunity to modernize the payment systems from SWIFT.”
Why This Matters
Ripple’s victory over the SEC marks a turning point, but SWIFT remains a formidable incumbent. The battle ahead is not legal but structural: convincing banks and regulators that blockchain can deliver efficiency, security, and compliance at global scale.
@ Newshounds News™
Source: Cointelegraph
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