How To Protect Your Financial Windfall

How To Protect Your Financial Windfall

Mike Crisolago Updated Sep 6, 2025 Money Wise

The (PCH) Publisher’s Clearing House saga is a cautionary tale for anyone who comes into a large sum of money — whether it’s a sweepstakes giveaway, a lottery win or an inheritance. Without a plan, that money can dry up faster than you think.

Oregon man won ‘$5K a week forever’ in 2012, spent cash like he was set for life — but Publishers Clearing House went bankrupt. Now he might lose home

An old sweepstakes TV commercial once promised, “Only Publishers Clearing House can make you so rich, so fast!”

But, as some unlucky winners discovered this year, the opposite is also true: Publishers Clearing House (PCH) can make your fortune disappear just as quickly.

That’s what happened to John Wyllie, a 61-year-old Oregon man who won $5,000 a week for life from the PCH Prize Patrol in 2012.

According to NBC affiliate KGW8 [1], Wyllie received an annual check for $260,000 every January. The money let him retire and buy a house on six acres in scenic Bellingham, Washington. But this year, the checks suddenly stopped. A few months later, Wyllie learned why: PCH had filed for bankruptcy without warning him or other winners.

Wyllie told KGW8 the turn of events “feels like a nightmare,” made worse by the fact that he hasn’t worked in more than a decade and can’t find a job now. With bills piling up, he’s sold off big-ticket items like a jet ski and trailer, but still expects to lose his home.

For anyone who’s ever daydreamed about a life-changing win, Wyllie’s story is a harsh reminder that easy money isn’t always forever. It’s a reality check that could strike anyone who finds themselves scrambling to offset the loss.

From bankable to bankruptcy

KGW8 reported that Wyllie is one of at least 10 winners still owed money they’ll likely never receive.

That’s because ARB Interactive, which paid $7.1 million to buy PCH, announced it would only honor prizes won after it took over in July. For past winners still waiting on payments, The Wall Street Journal [2] noted they’ll “have to seek payment from the bankruptcy estate.”

To Read More: LINK 

“Tidbits From TNT” Wednesday Morning 9-10-2025

TNT:

Tishwash:  Is Washington's refusal to grant a Sudanese visa a political message or a diplomatic slap in the face?

An informed political source confirmed to Al-Mustaqilla on Wednesday that Iraqi Prime Minister Mohammed Shia al-Sudani has not yet obtained an entry visa to the United States, despite the start of the UN General Assembly meetings in New York.

The source, who spoke on condition of anonymity due to the sensitivity and accuracy of the information, stressed that the Prime Minister's Office had not received any official notification from the US embassy in Baghdad or the Iraqi embassy in Washington regarding the issuance of visas to the Iraqi delegation.

This has raised widespread questions about the reasons for this unusual delay, especially since participation in UN meetings is an international protocol open to world leaders.

The source added that the lack of clarity from Washington has prompted many observers, followers, and media outlets to raise several possibilities, most notably that the delay reflects an undeclared political stance by the US president's administration toward the current Iraqi government, or a pressure message linked to thorny and complex domestic and regional issues, amid escalating disagreements over the US military presence and relations with Iran.

Others believe the matter may be merely technical or procedural, but its timing raises questions about Washington's willingness to treat al-Sudani's government as a genuine partner, or to limit it to the status of an "international observer."

The question remains: Will Washington grant al-Sudani a visa at the last minute, or is Iraq facing a new diplomatic crisis at the United Nations?  link

Tishwash:  International praise for Iraq's balanced policies

Several NATO members, including the United States, France, Italy, and the United Kingdom, have commended the Iraqi government's policies and its efforts to address security challenges.

The delegates' praise came during a session of the North Atlantic Council, which hosted Prime Minister Mohammed Shia al-Sudani yesterday, Monday, in the Belgian capital, Brussels.

Al-Sudani delivered a speech in which he noted that this meeting is being held amidst the turmoil and fundamental transformations taking place in the Middle East, the violation of the principles of the international order, the perpetration of crimes against humanity, and the threat to regional security. He emphasized the establishment of a constructive partnership with NATO based on a sovereign decision, aiming for comprehensive, long-term relations in various fields.

The Prime Minister explained that Iraq is no longer a security concern, but rather a reliable strategic partner.

Representatives from ten NATO member states, including the United States, France, Turkey, the Netherlands, Italy, the United Kingdom, Slovakia, Greece, Hungary, and Latvia, delivered interventions and expressed their positions.

Some delegates also represented the positions of several other NATO member states. International praise was paid to the Iraqi government's policies and its efforts to address security challenges, particularly those positions that have helped Iraq avoid the repercussions of the escalation currently taking place in the region.

These interventions included an emphasis on the long-term partnership between the member states of the Atlantic Council and Iraq, as well as an emphasis on the fact that Iraq represents a fundamental pillar in enhancing regional security and stability, in addition to praising Iraq's role, its balanced foreign policy, and its wise management of situations in events. 

Regional. The interventions also commended the Iraqi government's success in building the defensive capabilities of its armed forces, noting that a stable Iraq is a guarantee of regional security. They also emphasized the Atlantic Council countries' commitment to supporting Iraq's security, and emphasized that Iraq today is a force for regional peace.  link

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Tishwash:  The Central Bank's fruitful efforts to achieve the comprehensive banking reform project.

Samir Al-Nusairi

The Central Bank's actions and efforts, in partnership and consultation with private banks, have been fruitful in facilitating the implementation of the objectives, mechanisms, and standards of the comprehensive banking reform project, in cooperation with the government and the global consulting firm Oliver Wyman, and the objectives and initiatives of its third strategy.

Given that economic reform begins with banking reform, the challenges facing the Iraqi economy and the opportunities for reform in the banking and financial sector are highlighted in the government's program, as are the prospects for the Central Bank's future vision for the role of the banking sector in achieving sustainable development and investment.

 The efforts currently being made to activate and revolutionize productive economic sectors other than oil to diversify sources of national income, achieve financial sustainability, and accelerate the growth of the national economy are also highlighted, as is the role of the Central Bank in regulating foreign trade financing, completing infrastructure projects to achieve comprehensive digital transformation, and expanding the use of electronic payment tools to achieve financial inclusion.

Opportunities exist to reform and develop the banking sector during 2025-2028 in accordance with the following objectives:

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

Second: Building a sound, modern, comprehensive and flexible banking sector.

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

Fourth: Rehabilitating restricted and weak banks to return to activity in the banking market with full internal and external activities.

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

Sixth: Strengthening the procedures and decisions for the transition from a cash economy to a digital economy, withdrawing funds outside the banking cycle, which constitute approximately 80%, and introducing them into the banking system.

Although all the above objectives have a three-year implementation period according to the banking reform project and the Central Bank’s strategy, what was achieved in 2023 and 2024 and up to June 30, 2025 in terms of building foundations, rules and pillars formed a supportive pillar in building the mechanisms and paths of the desired reforms, and they constitute ambitious percentages as announced, which will lead to the evaluation and classification of banks based on their achievement of the planned objectives in the reform project according to the internationally approved standards and criteria  link

Mot: ... Ya Know!!!-- its Funny the Things that Pass through Ur Mind When Ur ~

Mot: Exercising in the Morning they say is Good for you 

FRANK26….9-9-25……SECURITY & STABILITY !!!

KTFA

Tuesday Night video

FRANK26….9-9-25……SECURITY & STABILITY !!!

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#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=r-t5vSZDYE4

Iraq Economic News and Points To Ponder Tuesday Evening 9-9-25

Mazhar Saleh: The Economy Is Achieving Positive Indicators With A Growth Rate Of 5.3% In 2025.

Time: 2025/09/09 11:33:40 Reading: 705 times {Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed on Tuesday that the Iraqi economy is going through a pivotal phase that combines positive indicators and promising opportunities with structural challenges that require radical reforms, which the government program is working on with determination and a coherent approach.

Speaking to Al Furat News Agency, Saleh explained that "the gross domestic product is expected to achieve growth of approximately 5.3% in 2025 compared to previous years, indicating the strength of economic investment activity in the country."

He added, "The government has proposed more than 160 investment projects in the electricity, refineries, and ports sectors, reflecting a significant trend toward revitalizing the private sector within the services-oriented government."

He pointed out that "the economy will continue to need to reaffirm two fundamental paths without interruption. The first is to continue sustaining infrastructure projects as a lever for growth and the development of direct productive activity. The second is to activate the strategic partnership with the private sector to lead sustainable development within the social market philosophy, ensuring a high degree of economic diversification, in accordance with the objectives of the National Development Plan 2024-2028 and beyond."  LINK

Economist: The Financial Management Law allows for the adoption of 2025 expenditure data and the preparation of the 2026 budget.

Time: 2025/09/09 15:30:00 Reading: 450 times   {Economic: Al Furat News} Economic expert Salah Nouri confirmed, today, Tuesday, that the Financial Management Law No. (6) of 2019 has addressed the issue of approving the budget in its special chapter, indicating that Article (13/First) stipulated spending at a rate of (1/12) or less of the total actual expenditures for current expenditures for the previous year after excluding non-recurring expenditures on a monthly basis.

Nouri added in his statement to {Euphrates News} Agency that “Article (13/Third) of the same law clarified that if the approval of the draft federal general budget law for a specific fiscal year is delayed, the final financial statements for the previous fiscal year shall be considered the basis for that year.”

The economic expert pointed out that, "according to these texts, it is possible to spend 1/12 of the actual expenditures for the year 2026 for the year 2025, indicating that this allows the Ministry of Finance to prepare the 2026 budget based on the actual financial data for the year 2025." LINK

The Iraqi Stock Exchange Traded Shares Worth 14 Billion Dinars Last Week.

Money and Business   Economy News – Baghdad   The Iraq Stock Exchange announced on Tuesday that shares worth more than 14 billion dinars were traded last week.

The market said in a report that "the number of companies whose shares were traded last week reached 56 joint-stock companies, while the shares of 23 companies were not traded due to the failure of buy and sell orders to match prices. Meanwhile, 16 companies remain suspended due to failure to disclose their shares, out of a total of 104 companies listed on the market."

He added that "the number of traded shares reached 23 billion, 598 million, and 632 thousand shares, an increase of 570% compared to the previous week, with a financial value of 14 billion, 286 million, and 282 thousand dinars, an increase of 95% compared to the previous week, through the execution of 3,670 transactions," noting that "the ISX60 traded price index closed at 960.40 points, recording a decrease of 0.54% from its closing in the previous session."

He pointed out that "the number of shares purchased by non-Iraqi investors last week amounted to 260 million shares, with a financial value of 638 million dinars, through the implementation of 113 transactions."

The number of shares sold by non-Iraqi investors amounted to 399 million shares, with a financial value of 842 million dinars, through the implementation of 124 transactions.

It's worth noting that the Iraq Stock Exchange holds five trading sessions per week, from Sunday to Thursday, and lists 104 Iraqi joint-stock companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels, and services sectors. https://economy-news.net/content.php?id=59842

Oil Prices Rise Thanks To OPEC+ Decision

Economy | 09/09/2025  Mawazine News - Follow-up  Oil prices rose on Tuesday after the OPEC+ group decided to increase production by less than market participants had expected, while prices continued to be supported by concerns about tightening supply due to the possibility of new sanctions on Russia.

Brent crude rose 22 cents, or 0.33%, to $66.24 a barrel, while US West Texas Intermediate crude rose 24 cents, or 0.39%, to $62.50 a barrel.

Eight members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and its allies, agreed on Sunday to increase production starting in October by 137,000 barrels per day.

This is significantly less than the monthly increases of about 555,000 barrels per day in September and 411,000 barrels per day in July and June.   https://www.mawazin.net/Details.aspx?jimare=266477

New Rise In Dollar Exchange Rates In Baghdad

economy | 09/09/2025    Mawazine News - Baghdad -  The dollar exchange rate rose on Tuesday at the Baghdad Stock Exchange and money exchanges.

The US dollar exchange rate reached 143,400 dinars for every $100 in morning trading at the main stock exchange in the capital, Baghdad.

Meanwhile, the exchange rate in local markets in Baghdad reached 144,250 dinars for sale, while the purchase price reached 142,250 dinars.  https://www.mawazin.net/Details.aspx?jimare=266490

Gold Prices Rise In Local Markets

Economy | 09/09/2025  Mawazine News - Baghdad -  Foreign and Iraqi gold prices witnessed a significant increase in local markets on Tuesday.

The selling price of one mithqal of 21-karat Iraqi gold reached 710,000 dinars, while the purchase price reached 700,000 dinars.

Gold prices in jewelers' shops ranged between 740,000 and 750,000 dinars for one mithqal of 21-karat Gulf gold, while the selling price of one mithqal of Iraqi gold ranged between 710,000 and 720,000 dinars.   https://www.mawazin.net/Details.aspx?jimare=266492

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

Seeds of Wisdom RV and Economic Updates Tuesday Evening 9-9-25

Good Evening Dinar Recaps,

India Drives BRICS Trade Solutions, Trump Warns It Won’t End Well
New Delhi pushes for reforms inside BRICS while facing mounting pressure from Washington.

India’s Direct Challenge to Partners
At the latest BRICS virtual summit, India’s External Affairs Minister S. Jaishankar, representing Prime Minister Narendra Modi, delivered a blunt message: India’s biggest trade deficits are with its BRICS partners.

Jaishankar argued that reform within the bloc is overdue, stating:
“The BRICS itself can set an example by reviewing trade flows among its member states.”

His remarks highlight the growing strain as India navigates tariff battles with the Trump administration while balancing partnerships with China and Russia.

Massive Trade Deficits Exposed
The scale of India’s trade imbalances is striking:

• India’s trade deficit with China hit a record $99.21 billion in FY 2025, with Beijing’s surplus climbing 16% this year to $77.7 billion.

• With Russia, bilateral trade reached $68.7 billion, but India’s reliance on oil imports created a $59 billion deficit.

These numbers add urgency to India’s call for BRICS reforms, especially as Trump’s tariffs complicate negotiations.

Trump Administration’s Harsh Warnings
Trump’s trade advisor Peter Navarro escalated tensions, warning India that its policies “won’t end well” if New Delhi resists cooperation in new trade talks.

Navarro criticized India’s tariffs as the “highest in any major country against the U.S.” and defended Washington’s 50% tariff on Indian goods—even harsher than the 30% levies on Chinese imports.

On energy, Navarro said bluntly:
“India never bought oil from Moscow before Russia invaded Ukraine, except for like little tiny drops of it.”

He also issued a geopolitical warning:
“If India doesn’t come around, it’s lying down with Russia and China, and that won’t end well for India.”

BRICS Alliance Under Fire
Navarro didn’t stop with India. He attacked the entire BRICS bloc, labeling its members as “vampires” draining U.S. wealth with unfair trade practices:
“None of these countries can survive if they don’t sell to the United States. Their exports are like vampires sucking our blood dry.”

China’s President Xi Jinping responded by warning that tariff wars “severely disrupt the world economy and undermine international trade rules.”

Signs of Reconciliation
Despite the heated rhetoric, Trump has also signaled a softer side, praising Modi as a “great prime minister” and emphasizing the “special” U.S.-India relationship. Modi, for his part, responded positively, suggesting that diplomacy may still offer a path to resolution.

Why This Matters
India’s push for BRICS trade reforms—and the Trump administration’s aggressive tariffs—are testing global alliances at a critical moment. Whether diplomacy or confrontation prevails will shape the trajectory of BRICS, U.S.-India relations, and broader trade stability in the years ahead.

@ Newshounds News™

Source: Watcher.Guru – India Drives BRICS Trade Solutions, Trump Warns It Won’t End Well

~~~~~~~~~

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Metals Going Parabolic: "This Is The Time" | Andy Schectman

Metals Going Parabolic: "This Is The Time" | Andy Schectman

Liberty and Finance:  9-8-2025

Miles Franklin president & CEO Andy Schectman returns to discuss why gold’s surge to record highs is less about gold rising and more about currencies collapsing.

He warns that U.S. debt levels and money printing are destroying confidence in the dollar, while central banks are hoarding gold instead of Treasuries. Heavy COMEX deliveries and short squeezes in silver highlight the growing stress in paper markets. With global bond markets rejecting rate cuts and U.S. jobs data showing weakness, Schectman sees stagflation ahead.

Are you feeling the tremors in the global financial landscape? What many consider normal market fluctuations might, in fact, be the early signs of a profound monetary reset, a once-in-a-half-century rotation of capital that could dramatically reshape our economic future.

A recent, comprehensive discussion featured on Liberty and Finance, with Andy Shakman, CEO of Miles Franklin Precious Metals, unpacks these critical shifts. His insights paint a vivid picture of a world where the US dollar’s dominance is waning, and precious metals are emerging as the ultimate safe haven.

Forget the headlines that simply cheer gold’s near-record highs. Shakman clarifies that this isn’t merely a bullish rally for gold itself; it’s a stark reflection of widespread currency depreciation worldwide.

The value of the US dollar, alongside other fiat currencies, is eroding, and gold is simply holding its own as a true store of value.

This phenomenon is dramatically underscored by the actions of foreign governments and central banks. They are increasingly divesting from US treasuries and accumulating gold at an unprecedented pace. This isn’t just a strategic shift; it signals a profound and growing lack of confidence in the dollar’s stability and the sustainability of US debt.

This isn’t just about the dollar; it’s about the questionable stability of traditional asset classes. Stocks, bonds, and even real estate, once considered pillars of wealth, are facing unprecedented volatility and inflation risks.

 In response, Andy Shakman points to a growing trend: the physical hoarding of silver and gold. Individuals and institutions are seeking tangible assets that can weather an inflationary and unstable economic environment.

The mainstream financial media, Shakman argues, has largely failed to adequately address these transformative monetary trends. Yet, the signs are all around us, pointing to a converging series of economic shifts that demand attention.

The message is clear: diversified investment strategies emphasizing gold and silver are no longer niche; they are increasingly essential wealth preservation tools.

 This isn’t just another market cycle; it’s a fundamental re-evaluation of value and risk on a global scale.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Gold all-time high close

10:50 Federal Reserve

17:30 Gold vs US dollar

 25:45 Silver hoarding

 31:10 Wealthy buying metals

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

Ariel: The Wild Card Scenario

Ariel: The Wild Card Scenario

9-9-2025

The Wild Card Scenario: No Straight Lines

Do not rest on assumptions about the process.

Do not expect this to go in a straight line.

Do not think political sensitivities are concrete.

Do not place any importance on policy tweaks.

This is not going to go how we have been told.

I did a long informative article on the many variables at play. And even then I still do not think I have covered other unexpected things that can turn this entire event on its head.

Majeed:  BREAKING - Elections in Iraq may be postponed due to an upcoming "major event." An Iraqi official says the government has received information from regional and international countries—which he did not name—indicating that the elections will not be held on schedule due to a "major event" taking place in the region. https://almadapaper.net/412842/

If this event involves escalated conflicts affecting oil exports 95% of Iraq’s revenue the CBI might advance a rate adjustment to 1:1 or 3:1 USD, leveraging $150 billion in reserves and gold holdings to attract foreign investment and mitigate capital flight.

Which would be a natural reaction to what can possibly happen during this critical time. This is why I tell you all to not pay too much attention to the political theater. Bechtel as long as Iraq can they will. And you know what I mean.

This situation directly intersects with previously discussed wild card scenarios, such as a cyberattack disrupting financial networks or a political purge accelerating reforms, as the “major event” could manifest as a regional crisis forcing the Central Bank of Iraq to expedite a dinar revaluation to stabilize the economy amid chaos.

Nobody wants to be caught with their pants down in this scenario. Iraq, investors, or shareholders.

We Are About To Enter Another Phase At A Much Faster Rate Of Acceleration

Plausible Trigger Mechanisms

The initiative could commence with an executive order issued by Trump by mid September 2025, directing the declassification of quantum decryption algorithms developed at Sandia National Laboratories.

These tools, capable of breaching 256-bit AES encryption within hours, would target international banking networks, revealing $2 trillion in illicit funds diverted through offshore entities linked to historical U.S.-Iraq financial arrangements.

This exposure, including manipulation of Iraq’s $35 billion reserves held in U.S. accounts, would erode confidence in the petrodollar system, prompting a 20-30% USD depreciation over 48 hours.

Iraq’s Central Bank, safeguarding $150 billion in reserves and 162.7 tons of gold, would respond with an emergency rate adjustment this month (IMO) Utilizing XRP-integrated systems for seamless Forex entry.

The acceleration stems from the decryption’s unforeseen efficiency, outpacing traditional cyber threats and forcing immediate action to prevent capital flight.

Source(s):   https://x.com/Prolotario1/status/1965170247935119428

https://dinarchronicles.com/2025/09/09/ariel-prolotario1-the-wild-card-scenario/

Iraq Economic News and Points To Ponder Tuesday Afternoon 9-9-25

Parliamentary Call To Establish A "Petrodollar Fund"
 
Second and third 09/09/2025  Baghdad: Janan Al-Asadi Basra MP Asaad Al-Bazouni  called for the establishment of a special fund known as the  "Petrodollar Fund," to address  environmental pollution and the  significant rise in cancer rates in Basra, given the province's  heavy reliance on oil revenues in the general budget.   Without any real plan to address the negative impacts of oil extraction operations.

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Basra MP and member of the parliamentary investment committee, Asaad Al-Bazouni, told Al-Sabah:
 
“Iraq’s revenues depend on oil for more than 90 percent of its revenues, and  most of these revenues come from Basra province,  especially after the halt in exports from the Kurdistan region.

” He explained that “despite the allocation of five dollars for every barrel of oil extracted for the benefit of the province,  these funds have not been  transferred or  received in full,   which has left approximately 27 trillion dinars owed to the province that have   not yet been disbursed.”

Al-Bazouni added,  "The efforts have not yet succeeded in providing serious solutions to the problem of environmental pollution  resulting from oil extraction operations, nor have they addressed the    rising rates of cancer among citizens.

" He explained that "serious solutions begin by directing the allocated funds of five dollars per barrel  to a 'special fund' whose mission is to  address environmental pollution and cancer in the governorate,  similar to reconstruction funds in other governorates.
 
This provides a transparent and effective mechanism for managing these funds and investing them in necessary health and environmental projects.

" He pointed out that "the establishment of this fund will  address environmental and health imbalances in the governorate and  provide direct economic and social support  to residents suffering from the effects of pollution resulting from the oil industry."
 
This demand comes at a time when local and international reports indicate a significant increase in cancer rates in Basra Governorate   due to emissions from oil gas flaring and oil extraction.
 
Hundreds of cases are recorded in the governorate each month, and   medical sources have confirmed that the number of infections exceeds official statistics,  with warnings that  this situation will continue and that  infection rates will increase in the future.    https://alsabaah.iq/120221-.html  

Iraq's Non-Oil Revenues Jump To 7 Trillion Dinars Thanks To Reforms.
 
September 9, 2025 Last updated: September 9, 2025 Al-Mustaqilla/- The Prime Minister's Advisor for Economic and Financial Affairs, Mazhar Mohammed Salih,    announced a significant jump in Iraq's non-oil revenues this year,thanks to the reform packages adopted by the government.
 
Saleh explained in a statement to the official newspaper, which was followed by Al-Mustaqilla, that 
non-oil revenues increased    from 420 billion dinars in the first half of 2023  to more than 7 trillion dinars in 2024.

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He pointed out that   this growth was the result of implementing eight reform packages that included   expanding the tax base,  activating digital governance, and  developing electronic payment mechanisms, which contributed to  reducing the shadow economy and  enhancing the transparency of financial performance.  

He added that  the three-year general budget law increased the contribution of non-oil revenues  to approximately 20% of total revenues, an important step toward  reducing dependence on oil as the primary source of economic revenue.

Saleh explained that  these reforms were not limited to the financial aspect alone, but also included strengthening partnerships with the  private sector and  supporting youth entrepreneurship through the launch of the Riyada Bank,  which aims to   finance productive projects and  encourage innovation.
 
Experts believe that these indicators represent a   strategic shift in the structure of the Iraqi economy,particularly as   the government seeks to   diversify sources of income and  promote sustainable development, independent of the fluctuations in global oil markets.    
  
https://mustaqila.com/إيرادات-العراق-غير-النفطية-تقفز-إلى-7-تر/  

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,  torage, and   ransportation.
 
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.
 

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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.  https://alsabaah.iq/120203-.html  

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

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 9-9-25

Good Afternoon Dinar Recaps,

SEC Crypto Task Force Targets Financial Surveillance, Privacy, and Market Clarity
Commissioner Hester Peirce leads new push for balance between oversight and innovation in digital assets.

A Fresh Approach at the SEC
The U.S. Securities and Exchange Commission (SEC) is pressing ahead with its digital asset agenda, announcing that its crypto task force will hold a public roundtable on financial surveillance and privacy in Washington, D.C., on October 17.

Led by Commissioner Hester Peirce, the task force has already hosted multiple roundtables since the departure of former SEC Chair Gary Gensler, with 10 events planned across the country through December.

“Understanding recent developments in privacy-protecting tools will assist the SEC and other financial regulators as we work on policy solutions in the crypto space,” Peirce said.

Policy Shifts in Motion
The SEC recently proposed new rules, including:

• Exemptions and safe harbors for certain crypto asset sales.

• Adjustments to broker-dealer financial responsibility rules that could reduce compliance burdens for U.S.-operating crypto companies.

These steps suggest a measured shift toward more industry-friendly regulation compared to the enforcement-heavy approach under prior leadership.

Collaboration with the CFTC
The SEC is not acting alone. The Commodity Futures Trading Commission (CFTC), now led solely by Acting Chair Caroline Pham, has also signaled a softer stance. Pham said the agency would follow the White House’s lead on digital asset policy.

Both regulators have begun exploring:

• A potential shift to 24/7 capital markets.

• Regulations for crypto derivatives.

• A coordinated framework for spot crypto trading, following recommendations from the President’s Working Group on Digital Asset Markets.

Congressional Oversight Ahead
All of these efforts could soon be superseded by federal legislation. The Senate is considering the Responsible Financial Innovation Act, a comprehensive market structure bill. Co-sponsor Senator Cynthia Lummis believes it could become law before 2026, formally codifying the roles of the SEC and CFTC in digital asset regulation.

Why This Matters
The SEC’s evolving stance shows a recognition that crypto markets require both regulatory clarity and respect for privacy-enhancing tools. With roundtables engaging industry and policymakers, and Congress weighing a structural overhaul, the coming years could define how the U.S. balances surveillance, innovation, and investor protection in digital finance.

@ Newshounds News™

Source: CoinTelegraph – SEC Financial Surveillance and Privacy Crypto Task Force

~~~~~~~~~

SEC Delays Decision on HBAR and Polkadot ETFs Until November
Regulator points to listing standards, not token rejection, as altcoins hold strong.

Another SEC Delay
The U.S. Securities and Exchange Commission (SEC) has once again delayed decisions on two altcoin ETF filings: Canary’s Hedera (HBAR) ETF and Grayscale’s Polkadot (DOT) ETF. The regulator extended its deadline to November 8, marking the third delay since March.

For the Canary HBAR ETF, Nasdaq first filed in February and amended the proposal in March. The SEC has since requested several rounds of public comments, questioning whether the product qualifies under Nasdaq’s commodity-based trust shares rule. Grayscale’s Polkadot ETF is following a nearly identical timeline.

Why the Delay?
The SEC’s hesitation has less to do with HBAR or DOT specifically and more to do with the lack of uniform listing standards for spot crypto ETFs. The agency is holding back approvals until exchanges finalize a broader framework.

• Major exchanges — including Nasdaq, NYSE, and CBOE BZX — have already submitted amendments to redefine “commodity” by removing “excluded commodities.”

• This change would smooth the way for altcoin ETFs, making them easier to classify and list.

In short, the SEC appears to be waiting for standardization before approving any products beyond Bitcoin and Ethereum.

Market Reactions Stay Positive
Despite the delay, both tokens showed resilience:

• HBAR rose about 1% this week, trading near $0.22.

• Polkadot (DOT) surged almost 4% to $4.03, with trading volume spiking more than 225% in 24 hours.

Analysts suggest this optimism reflects a belief that approval is inevitable once listing standards are finalized. Bloomberg continues to assign a 90% probability of eventual approval for both ETFs.

The Bigger Picture
The SEC’s cautious approach signals it is building a standardized ETF framework rather than rejecting altcoin products outright. While the November deadline is the next milestone, market participants are already pricing in a favorable outcome.

If approved, HBAR and Polkadot ETFs could mark the beginning of a new wave of altcoin ETFs, further expanding crypto’s integration into U.S. capital markets.

@ Newshounds News™
Source: Coinpedia – SEC Delays Decision on HBAR and Polkadot ETFs+

~~~~~~~~~

Analysts Say Bitcoin Has Yet to Prove Its “Digital Gold” Role
Despite gold’s surge, Bitcoin still trades like a risk asset tied to tech stocks.

Geopolitics and Market Anxiety
Global markets were rocked this week by a combination of weak U.S. employment figures, intensifying trade disputes, ongoing wars, and political turmoil in France. The uncertainty pushed gold to new record highs. Bitcoin, however, did not follow. Instead, it mirrored the Nasdaq 100, reinforcing its tight correlation with equities rather than acting as a safe-haven asset.

Ecoinometrics: “Digital Gold” Narrative Still Missing
Research group Ecoinometrics found that Bitcoin’s correlation with gold and U.S. Treasuries remains close to zero. Meanwhile, its connection to risk assets remains strong, with Ethereum even more equity-like in its trading behavior. Analysts emphasized that Bitcoin has yet to make the anticipated transition into a true “digital gold” hedge.

Fed Meeting as the Turning Point
Investor attention now shifts to the upcoming Federal Reserve meeting, which may set the tone for both crypto and equities:

• A clear rate-cut signal could spark optimism across risk markets, potentially lifting Bitcoin.

• A hawkish surprise may weigh on both tech stocks and crypto, keeping Bitcoin locked in its current risk-asset role.

Bitwise: Macro Still Dictates the Trend
According to André Dragosch of Bitwise, the current weakness in Bitcoin isn’t driven by crypto fundamentals, but rather by slowing global growth and shrinking risk appetite.

Still, Dragosch maintains a cautiously optimistic outlook:

• Liquidity growth and Fed easing could fuel a stronger environment later this year.

• In the short term, the Fed meeting represents a “double event”—either a launchpad for recovery or a trigger for further downside.

Why This Matters
Bitcoin’s ability—or failure—to prove itself as “digital gold” will remain a central narrative for investors. With gold surging to fresh highs and global instability persisting, the coming months may determine whether Bitcoin truly evolves into a safe-haven asset or continues behaving like a speculative tech trade.

@ Newshounds News™
Source: Coindoo – Analysts Say Bitcoin Has Yet to Prove Its “Digital Gold” Role

~~~~~~~~~

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Thank you Dinar Recaps

News, Rumors and Opinions Tuesday 9-9-2025

Gold Telegraph: I Always Said this Would End as a Tragic Comedy

9-9-2025

I said years ago, the East would eventually punch the West in the teeth with gold. Here we are…

The dollar has lost nearly 45% of its purchasing power against gold over the past 1 year. Read that again.

I said this over 4 years ago, and people laughed. Now I see a lot of fingers pointed and desperation. Elements are the center of it all now.

Russia is warning that the United States will leverage stablecoins backed by Treasuries to offload $35T debt. Pushing global adoption, then devaluing the dollar, leaving the world holding the bag. I explained this “genius act” weeks ago. Well…

https://twitter.com/i/status/1965099331301871708

Gold Telegraph:  Dollar stablecoins are just a euphemism for a central bank digital currency. They don’t call it the Genius Act for nothing. It enforces global demand for a U.S. controlled medium to access decentralized finance and the world applauds. Yes, that’s genius.

It is one thing to watch an idea come to life. Watching that idea empower people and protect their future is another level entirely. Today, The entire world is talking about it. It has made all the long hours worth it for over a decade.

I always said this would end as a TRAGIC COMEDY. Tragic: The world’s reality becoming uglier than most could imagine. Comedy: That in such chaos, gold quietly stands out. The paradox writes itself. Well…

BREAKING NEWS: ANGLO AMERICAN IS NEARING A DEAL TO ACQUIRE CANADIAN MINER TECK RESOURCES THAT COULD VALUE IT AT ABOUT $20 BILLION

Here we go…

“Both Anglo American and Teck have drawn interest from larger rivals in recent years…”

Source: https://www.reuters.com/markets/deals/anglo-american-nears-deal-acquire-teck-resources-20-billion-ft-reports-2025-09-08/

Source(s):   https://x.com/GoldTelegraph_/status/1965039397939859891

https://dinarchronicles.com/2025/09/09/gold-telegraph-i-always-said-this-would-end-as-a-tragic-comedy/

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

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

Frank26    They've got to expose 12-2c.  12-2c does not have the rate.  They're protecting it.  But 12-2c, when opened, will bring the rate...

Mnt Goat   Article:   “In AL-SUDANI: THE PARTNERSHIP BETWEEN IRAQ AND THE UNITED STATES HAS ACHIEVED SIGNIFICANT RESULTS AND ENHANCED SECURITY” Quote:  "the Prime Minister Mohammed Shia al-Sudani himself praised the partnership  between Iraq and the United States on Tuesday, “stressing that it has achieved significant results and contributed to enhancing security and stability.”  ...So where is the Project to Delete the Zeros then?  Another sign it may be coming VERY SOON.

Militia Man   Prime Minister of Iraq is saying... Iraq's oil reserves have reached over 150 billion barrels.  It'll provide the world's oil for 120 years at least...OPEC said because of Artificial Intelligence and many other things, the demand for oil is increasing.  It's not decreasing.  It's a total disconnect from what we saw four or five years ago, but they're saying it now...

IQD Trading on Forex What Must Happen First

Edu Matrix:  9-9-2025

The big question many investors ask: When will the Iraqi Dinar (IQD) finally be traded on the global Forex market? In this video, we break it down step-by-step in simple terms that anyone can understand.

✅ Why Iraq must unify its exchange rate and close the gap between the official rate and the street market.

✅ The Central Bank of Iraq’s (CBI) recent reforms—ending the dollar auctions, banning cash-dollar withdrawals, and moving to correspondent banking.

✅ What the International Monetary Fund (IMF) has said about Iraq’s progress and what still needs to be done.

✅ The crucial role of anti-money-laundering (AML) reforms, digital payments, and stronger private banks.

✅ What it really takes for the IQD to appear on Forex platforms like other global currencies. *Bottom Line:* Iraq is taking important steps, but the journey isn’t finished.

This is the roadmap to watch if you want to know when the IQD will truly be ready for Forex trading.

https://www.youtube.com/watch?v=9HI3aM6SNk4

Tuesday Coffee with MarkZ 09/09/2025

Tuesday Coffee with MarkZ 09/09/2025

Some highlights by PDK-Not verbatim

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

Member: Good Morning…..sure are a lot of rumors about this week

MZ: Lots of rumors and chatter….let’s hope they are true

Member: TNT said they are trading Iraq bonds at $5.86

MZ: I don’t know about the bonds….but that figure has shown up pretty consistently on some of the banking sites. Just not the public sites.

Member: Any news out of Reno this week

MZ: Lots of rumors coming out of Reno that it is completed.…..If you believe half the chatter from Reno we have already RV’d and will get our notices this week.  My best group contacts refuse to comment…but they very much expect group money to be flowing this week. …It’s encouraging but cannot verify anything right now. Continue to stay calm.

Member: There's a rumor that we are all staying calm.

Member: If it was done wouldn’t the Dinar be up on Forex already?

MZ: I think we are in a great spot…they just continue to cloud the timing.

Member: Mark, shotgun start or is the Internet group at the back of the list?

Member: A tax expert believes we will owe capital gains tax.  Hopes he is wrong

Member: Hope for the best and plan for the worst.

MZ: In Iraq” “Iraq’s non-oil revenues jumps to 7 trillion dinars thanks to reforms”  This has been a big success…..

Member: I’m hearing that Iraq has ended the disconnection with the global financial system

Member: Any word on the Bolivar??

Member: Venezuela is ranked 10 in natural resources globally. much more than iraq one would think it would have a great revaluation at least as much as iraq / Kuwait

MZ: Venezuela is exponentially wealthier than Kuwait….and Kuwait is very wealthy…..so that makes sense.

Member: Is it possible 9/11 RV since that was the original date it was supposed to be released to the public many years ago???

Member: Nesara/Gesara was to go in 2001 but 911 happened. Could it be 9-11 this year ?

MZ: Yes it was supposed to happen on 9-11 in the year 2000 I believe…..a lot of people hope it will happen then this year……but I try not to buy into it.

Member: We’ve said this before, but when this actually happens, I think many will not believe it.

Member: Keeping hope high, expectations low. Too many false alarms in the past,

MZ: You are right…we have had way to many false alarms in the past.

MZ: We lost another one before the finish line. Bearded Patriot has passed away. Prayers go up to  all who knew him

Member: My deepest sympathy for Bearded Patriots family

Member: When this is over I think we need a monument to honor all Dinarians who did not cross the finish line.

Lewis Hermes joins the stream today. Please listen to replay for his opinions and information.  

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=QkKLr4gmiU4