28 People Who Know A Lottery Winner Share What Actually Happened To Them

28 People Who Know A Lottery Winner Share What Actually Happened To Them

Story by Edvinas Jovaišas

#1©Trevumm

My friends mom won like $100k or so when we were in grade 6. She was a single mom of 2 and they we’re pretty poor. She used it to give her kids a better, more comfortable life. It was little changes like the next winter they had new winter jackets and boots and stuff, not the worn old hand me downs they always had. My friends next birthday she got to have a big party for the whole class, nothing crazy just pizzas and stuff, but she’s never gotten to have that before and she was so happy.

#2©Earguy

I had a patient, a hairdresser who owned her own shop, who won about 6 million. Her winnings were announced in the local newspaper.

She consulted the right professionals, worked a plan to sell her salon, and mapped a way to retire on her winnings without a change in her lifestyle.

But she told me that she had old boyfriends, and even guys that barely knew her in high school, who called her with some variation of, "you know I always loved you..."  She just laughed and blew them off.

#3©Dvaone

I won $250k on a $5 scratch off 8 years ago.it was right before Christmas and i had been fired 2 weeks befor. After taxes we got a check for $167k and some change. Paid off all credit cards, bought the wife a brand new honda accord, bought a small business. Lived off it for the next several years while I grew my business and my wife got her masters. It was life changing!

#4©anon

Mom won a bit and was able to get my siblings and I new clothes and move out so she didn't have to stay in an abusive relationship.

#5©hornblower_83

Friend won 1 million. They paid off their house. Saved for their kids education and basically don’t live paycheque to paycheque anymore. Both of them still work full time.

#6©Kriskao

I won 1500 US dollars. Received like 950 because taxes. Donated it all to an orphanage in my home country because I was doing ok with money. Since then there have been times I needed the money but I don’t regret it.

#7©Mandalasan_612

My sister's ex won around $150 million. Nicest guy, his brother manages the money so he doesn't blow it. Living his best life, money never changed him, because he was already so chill. Dude deserves it after putting up with my sister. Helped out my niece (not his daughter) with

#8©Punkrockid19

My dad

He hit 5 outta 6 numbers in 1989 won like 16 grand. Payed off the family debts spent the rest on a computer and started his own business out of our dining room. Bout to sell it for a couple million this year. One ticket literally changed our lives.

#9©Burnsie312

I won 2000 on a scratch off once! Fixed my missing tooth lol.

#10©CaseyBoogies

My MIL won 33k on a scratch-off, she paid off some debt and got new windows installed on her house. The new windows in an 1890s farmhouse are amazing, don't think I've seen a happier woman!

#11©Kahazzarran

My neighbor won the lottery in his sixties, it was something like 1.2 million in the late 90s. We lived in a trailer park in a rural part of the US, a pretty low cost of living area so the money stretched pretty far.He bought his trailer and land outright with the money and pretty much just spent everyday drinking on his porch and yelling at his goats. IIRC he used a good chunk of what he won to put his son and grandkids through college. Died of liver failure at like 85 or something. Not a terrible way to do it, all said and done.

#12©Blondefarmgirl

Friends of ours won 30 mill. They took a group of us on vacation. Bought a cottage and built a house not much really changed. They are doing great.

#13©pascontent

Neighbor won a few millions, built an old folks home, named it after his mother and she refused to live there.

#14©PigStickerOnStone

I knew a welder who won a 30 million jackpot.

He retired, bought two Ford GTs and spends his time doing yardwork, playing low stakes poker tournaments, and raising his two young kids.

His wife bought a crib from me used for their second child.

TO READ MORE:    https://www.msn.com/en-us/money/personalfinance/28-people-who-know-a-lottery-winner-share-what-actually-happened-to-them/ss-AA1OwkF5?ocid=winp2fptaskbarhover&cvid=f84a9d10d49945e2f5b21fda0ad1cd40&ei=43#image=2

News, Rumors and Opinions Thursday 10-16-2025

Gold Telegraph: The Monetary Reset is No Longer a Tin-foil Fantasy

10-15-2025

BREAKING NEWS: THE PENTAGON IS MOVING TO STOCKPILE UP TO $1 BILLION IN CRITICAL MINERALS

The race is on…

“Trump Administration challenges Chinese dominance of supply chain for metals essential to defence industry…”

Source: https://www.ft.com/content/cd5244eb-a8e9-42bc-8939-71ba0fefa057

Countries are quietly securing what can’t be printed. They’re exploring setting price floors and building stockpiles as debt spins into chaos. The script is writing itself.

Congo will permanently ban cobalt exporters that violate its new quota system. The D********c Republic of the Congo represents 70% of global cobalt output. Cobalt is currently surging… A global battle for commodities is currently underway.

The silver market is getting very interesting… Liquidity has collapsed. Silver lease rates have spiked to as high as 35%. Those short silver are now scrambling to find metal. Silver is up over 60% the past 1 year in US dollar terms…

BREAKING NEWS: JPMORGAN WILL INVEST UP TO $10 BILLION IN U.S. COMPANIES TIED TO NATIONAL SECURITY, INCLUDING CRITICAL MINERALS

It is raining down now.

All eyes on minerals.

Source: https://www.reuters.com/video/watch/idRW327313102025RP1/

BREAKING NEWS: UNITED STATES TREASURY SECRETARY SAYS CHINA’S RESTRICTIONS ON CRITICAL MINERAL EXPORTS WILL HURT ITS OWN INTERNATIONAL STANDING

Minerals…

Source: https://www.ft.com/content/fbc5f7bc-b36c-4a12-9c5e-a3f0c19aad12

BREAKING NEWS: THE INTERNATIONAL MONETARY FUND IS WARNING THAT THE EROSION OF TRUST IN CENTRAL BANKS CAN BOOST INFLATION EXPECTATIONS

Nothing to see here…

“The global lender was observing increasing pressures on central banks…”

Source: https://www.reuters.com/markets/us/erosion-trust-central-banks-can-jack-up-inflation-expectations-imf-warns-2025-10-14/

Jerome Powell signals that the Federal Reserve is near the END of QT. You know what comes next…

The leader of the Federal Reserve says he won’t comment on the gold price. The gold price is speaking for you.

BREAKING NEWS: FREEPORT MCMORAN PLANS TO BREAK AWAY FROM THE BENCHMARK PRICING SYSTEM UNDERPINNING GLOBAL SALES OF MINED COPPER ORES

Wow…

“Over the last 35 years, I have never seen anything like this this said Javier Targhetta.”

Source: https://www.mining.com/web/freeport-to-break-away-from-copper-benchmark-it-set-for-decades/

BREAKING NEWS: BHP IS WEIGHING WHETHER TO RESURRECT DEFUNCT MINES IN THE HISTORIC US COPPER BELT

This is one of the largest mining companies in the world. There is a scramble for minerals…

“Chief executive Mike Henry says company is looking at restarting operations in Arizona…”

Source: https://www.ft.com/content/ddeb6fd5-1309-4d76-92d4-4bcbd1ff0362

Suddenly, many in the crowd who once called a “monetary reset” a tin-foil fantasy now think that is where the world is headed… Alright.

Congo, which supplies 75% of the world’s cobalt, just replaced its 8-month export ban with strict quotas. The world is leveraging its commodities. What else? The USA is actively trying to stockpile cobalt right now. This is the first time in 30 years that this has happened…

The leader of the biggest bank in America, Jamie Dimon, says: “Gold could easily go to $5,000, $10,000 in environments like this.” Ok.

Source(s):   https://x.com/GoldTelegraph_/status/1977238828122620299

https://dinarchronicles.com/2025/10/15/gold-telegraph-the-monetary-reset-is-no-longer-a-tin-foil-fantasy/

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

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

Frank26  Article quote: "Central Bank of Iraq confirmed there is no intentions to float the Iraqi dinar exchange rate"  You're saying it for 1 of 2 reasons.  #1  You want the speculators to hear you say, "We're not going to float."   And then you'll float.  #2 You're not going to float and that this is an RI and you're going to come out at $3+ maybe even more to make up the difference of the last 20 years...

Jeff  Article quote: "Iraq has increased its gold holdings rom 90 to 170 tons of gold".   Yeah, they're absolutely Basil 3 compliant.  They're backing the value of their currency with reserves getting ready to revalue and the article clearly states they are ready to delete the zeros, meaning phase out the large currency notes in the very close proximity or future...They have stated in older articles that...old notes with three zeros and small replacement notes without the 3 zeros will coexist at the same value...

Nader From The Mid East   Article says they agree to remove three zeros from the currencies...I stick to my word, after the election everything will happen...The election will start on the 26th and the last day of it is on the 11th of November.  The good news is for sure they're going to remove their three zeros.  They said it now.  I know it's going to happen before the end of the year.   

They're Not Enough Silver: It's That Simple | Clem Chambers

Liberty and Finance:  10-15-2025

Clem Chambers explains that silver’s explosive rise above $53 stems from deep structural shortages and geopolitical tension.

He contrasts gold’s demand—driven by central bank accumulation—with silver’s more retail-driven surge, noting that only eight times more silver than gold is mined each year, yet the price ratio remains around 80-to-1.

Chambers links both metals’ rallies to a larger U.S.-China industrial and technological conflict, where nations are stockpiling real assets amid rearmament and reindustrialization.

Silver’s backwardation, he argues, signals immediate physical demand overwhelming paper supply—proof that the market is “running out” of deliverable metal.

While warning that prices may overshoot, Chambers still sees triple-digit silver as plausible if geopolitical and monetary “natural stupidity” persist.

INTERVIEW TIMELINE:

 0:00 Intro

1:30 Gold drivers

20:30 There's not enough silver

28:30 Platinum & palladium

https://www.youtube.com/watch?v=t-osethZGBs

Thursday Coffee with MarkZ, 10/16/2025

Thursday Coffee with MarkZ, 10/16/2025

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: Hello Mark, Mods and all Dinarians from around the Solar System!!

Member: Are we there yet?

Member: I feel like We've got one foot over the finish line and dragging the other one. :)

Member: Lots of rumors about today through the weekend.

MZ: It’s a great possibility based on the chatter out of Iraq.

MZ: No bond updates yet today…..I know of two people with appointments and they hope it’s a solid update or that they get paid….that would tell us a lot.

Member: When the bond holders do get paid, I think they will just go quiet

MZ: Yes I think they will be quiet but we should be able to see some signs. If there is no NDA…I think they will just tell us.

Member: Anything with Dubai 1 and 2? Hearing Dubai 1 is funded

Member: do you still talk to to any redemption center folks? Are they working this weekend?

MZ: Yes I still talk with them…but unfortunately they have nothing to report except they are on call…..they have done their prep and are ready. Not they need the “GO” signal..

Member: Tx Snake says banker has called in staff in prep for 800#s

Member: Do you hear anything from your IRS contacts?

MZ: They are feeling the crunch with over half of them staying home.

Member: I wonder- if the rates will float during the time we will RV or will it be a flat rate??

Member: I think the rv prices are set already. Even if it goes up and down. I just feel Trump probably negotiated it. I think he’ll take care of us.

Member: Do you still think the market will crash first…at this point?

MZ: I do not think the market will crash first now. If it does crash it will force the reset. But, I think they pull the trigger before the market crashes.

Member: If not a crash- it will probably be a much needed correction.

Member: Donald Trump supposedly has a big announcement 3-4 pm eastern today

Member: My WF wealth manager used to tell me that it was a scam- no so much any longer. He knows something’s getting ready to happen.

Member: today: $ 4258.10 gold $53.41 silver according to Kyco

MZ: In Iraq: “ Iraq’s commitment to International Standards paves the way for a return to dealing with dollars and attracting investments” Saleh is telling us the door is open in Iraq for full international banking.  They are going to the world system with no restrictions.

Member: I wonder what happened with the HCL or deleting the zeros?  Maybe it will all happen at the same time suddenly.

MZ:  “Dr. Saleh Mahoud from Washington: We are committed to supporting the Central Bank’s efforts in banking reform” There is a meeting in Washington DC and organized by the Central Bank of Iraq (CBI) in cooperation with Oliver Wyman International at the Ritz Carleton. They are telling us  they are making all of these changes for International Banking, and inviting people to join them. They are becoming fully integrated with the world banking system.

MZ: “IMF expects Iraq’s economy to grow by 3.6% next year”  The long term health of the country supports changing the value of their currency.

MZ: “ The rise in gold reflects the decline in the confidence of the US dollar”  gold is the measuring stick and we are watching everything around it change value.

Member: I wonder- who will pull the trigger on the IQD rRV? is it the CBI, IMF, Chinese elders. Or US Treasury??

Member: There are several, back walls , in this RV, what in your opinion/logically, is your back wall?

Member: I am watching for before the Iraq elections on Nov 11th.

Member: Really hoping for before the holiday season. Want a wonderful Christmas for us all.

Member: So much information randomly coming out about Reset, going back to Gold Standard, Nesara/Gesara. Block chain etc. It's exciting.

Member: Thanks to everyone. Hope we all have a blessed day today.

Jonathan Otto from MyRedLight.com. joins the stream. Please listen to the replay for his 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=W1hUfitPtOo

“Tidbits From TNT” Thursday 10-16-2025

TNT:

Tishwash:  Removing Zeros: 170 Tons of Gold and One Decision on the Table... Will the Iraqi Dinar Survive Erosion?

 Amid the complexities of the financial landscape and increasing pressures on the money supply, the Central Bank of Iraq is opening the door to one of the most sensitive decisions in its modern monetary history: the project to remove zeros from the local currency.

 This step coincides with the bank's announcement that it will increase its gold reserves from 90 tons to 170 tons, representing approximately 20% of its total assets and placing Iraq fourth in the Arab world and twenty-ninth globally in terms of gold reserves.

Meanwhile, Deputy Governor of the Central Bank, Ammar Khalaf, confirmed that there is no intention to float the Iraqi dinar exchange rate in order to preserve the stability of the financial market and the national economy.

He noted that "there is an intention to remove zeros from the currency to alleviate the burden resulting from the accumulation of banknotes within the financial sector." He explained that the goal of the measure is to reduce transportation and storage costs and improve the efficiency of cash circulation.

However, this step, which appears to be technical and reformist on the surface, has raised a wave of questions about its actual effectiveness, and whether it represents a radical solution to the monetary policy crises, or whether it is merely a cosmetic measure to relieve pressure without addressing the core structural imbalances in the Iraqi economy.

According to estimates by international monetary institutions, Iraq is currently experiencing moderate inflation of around 2.5%, a relatively stable environment compared to previous years. However, the money supply (M0) reached historic levels at the end of 2023, making cash transactions a logistical burden for banks and institutions.

 Comparative studies indicate that deleting zeros is a technical accounting step that does not change purchasing power, but rather simplifies calculations and reduces errors in financial systems.

 However, the success of this step depends on its integration with comprehensive economic reform, rather than a measure isolated from the overall financial reality.

Economic expert Ahmed Al-Tamimi told Baghdad Today that "the project to remove zeros from the Iraqi currency represents an important reform step that will facilitate monetary transactions and reduce administrative and logistical burdens on the country's financial and banking system, provided it is implemented within a well-thought-out, comprehensive plan that takes into account economic and market stability."

Al-Tamimi adds, "The accumulation of banknotes resulting from the current bulk of paper money is a significant burden on the financial sector, requiring additional costs in transportation, storage, and management, in addition to making daily transactions difficult for citizens and institutions."

According to comparative economic approaches, countries such as Turkey in 2005 and Ghana in 2007 saw relative success in removing zeros after long periods of stability and strict financial discipline.

 The move helped reduce the costs of cash transactions and boost confidence in the currency.

However, failed experiments, such as those in Zimbabwe and Venezuela, have shown that removing zeros without institutional reform opens the door to renewed inflation and undermines public confidence in the national currency.

Al-Tamimi continues, "Removing zeros will not change the purchasing power of the dinar per se, but it will contribute to simplifying the accounting and financial system and reducing significant numerical discrepancies in financial statements, making money management more efficient and easier to use within government institutions and the private banking sector."

He points out that the success of the experiment depends on "a stable economic environment, effective control of inflation rates, and close cooperation between the Central Bank and the Ministry of Finance to ensure a smooth transition without market disruptions or a loss of confidence in the national currency."

According to accurate economic readings, Iraq today stands at a crossroads between comprehensive monetary reform and a symbolic measure with limited impact. Removing zeros may be technically beneficial, but it becomes dangerous if perceived as an attempt to conceal structural crises under an administrative guise. Analysts warn that poor timing or poor communication with public opinion could lead to pricing confusion and possibly "silent inflationary cycles" exploited by some commercial parties.

Al-Tamimi concluded his statement by saying, "The primary objective of this step is to enhance confidence in the Iraqi dinar, facilitate financial transactions, and reduce the burdens resulting from the accumulation of paper currency. It is also a structural reform in monetary policy that should be included within a comprehensive economic reform program that serves the stability of the dinar and enhances its efficiency in domestic and international transactions."

Modern economic analyses confirm that strengthening the gold reserve provides the central bank with moral cover for any future monetary reform. However, it does not replace financial control, strict oversight of public spending, and rebuilding trust between monetary policy and the economic community.     link

Tishwash:  Al-Sudani affirms Iraq's welcome to European companies and investment in development and energy projects.

 Prime Minister Mohammed Shia al-Sudani received on Wednesday the Swiss Ambassador to Iraq, Daniel Hohn, and the Swedish Ambassador, Jörgen Lindström, in the presence of the CEO of the Swedish company Linkson and the Director of the company's Asia and Middle East branch.

Al-Sudani affirmed, according to a statement from his media office, a copy of which was received by {Euphrates News}, that Iraq welcomes and is interested in the presence of international companies, especially European ones, to work in various development sectors in light of the stability it is witnessing and the legislation and laws that support local and foreign investment.

Al-Sudani pointed out "the country's construction and development across all sectors, including the energy sector, which requires modern technology to advance and grow, a technology available to Swiss and Swedish companies that possess extensive expertise in this field."

The statement added, "The two ambassadors thanked Sudani for the opportunity to meet, affirmed their countries' interest in developing relations with Iraq, and expressed the willingness of Swiss and Swedish energy companies to work in Iraq."

The statement continued, "The meeting also reviewed Linxson's projects, which it began operating in Iraq in 2018, including power plant maintenance projects in Baghdad." 

Al-Sudani directed "the development of a roadmap to explore the most important projects that Swiss and Swedish energy companies can implement in Iraq."  link

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

Tishwash:  I don't know if this is right and true,  don't ask me any questions I have only read this part that is below and I don't intend on reading anymore of it

I have not seen the VND mentioned in this but I didn't look either 

OKAY? 

 Document stating no taxes on Dinar and the report for Vietnam

this is the summary from section 6

FOREIGN EXCHANGE AND REMITTANCES

Foreign Exchange

The currency of Iraq is the dinar (IQD).  The Central Bank of Iraq devalued the IQD, by 22.7 percent at the end of Dec 2020, to avoid a liquidity crisis. This came as part of the reform plan put in place by the Prime Minister after the country was simultaneously impacted by COVID -19 and the significant drop in oil prices at that time.

Iraqi authorities confirm that in practice, there are no restrictions on current and capital transactions involving currency exchange if valid documentation supports underlying transactions.  The Investment Law allows investors to repatriate capital brought into Iraq, along with proceeds.  Funds can be associated with any form of investment and freely converted into any world currency.  The Investment Law also allows investors to maintain accounts at banks licensed to operate in Iraq and transfer capital inside or outside of the country.

The GOI’s monetary policy since 2003 has focused on ensuring price stability primarily by maintaining a de facto peg between the IQD and the U.S. dollar, while seeking exchange rate predictability by supplying U.S. dollars to the Iraqi market.  In December 2020, the GOI announced that it would officially devalue the dinar’s peg to the U.S. dollar by 22 percent.  Banks may engage in spot transactions in any currency; however, they are not allowed to engage in forward transactions in Iraqi dinars for speculative purposes.  There are no taxes or subsidies on purchases or sales of foreign exchange.

the whole report is here     https://www.state.gov/reports/2022-investment-climate-statements/iraq/

Here is the link for the same report but for Vietnam  

I HAVE NOT READ IT AND I DON'T INTEND to

https://www.state.gov/reports/2023-investment-climate-statements/vietnam/

Mot: and Today - ole ""Mot"" brings You a ""Printerism""

Mot:  Oops!!!!! 

Iraq Economic News and Points To Ponder Thursday Morning 10-16-25

The Central Bank Of Iraq Has Settled The Matter: No Floating Of The Dinar, And A Plan To Remove Zeros Soon.
 
October 14, 2025 Last updated: October 14, 2025 Al-Mustaqillah - In new statements revealing the contours of the upcoming monetary policy, the Deputy Governor of the Central Bank of Iraq, Ammar Khalaf, confirmed in an exclusive interview with CNBC Arabia, which Al-Mustaqillah followed, that   there is no intention to float the Iraqi dinar exchange rate at the present time.   He noted that the Central Bank is keen to maintain the   stability of the national economy and   prevent any instability in the local market.

Khalaf explained that the   decision to stabilize the exchange rate falls    within the bank's vision to   support price stability and     protect citizens' purchasing power, especially in light of the   economic challenges facing the country and the   global fluctuations affecting      currencies and      markets.
 
In another context, the Deputy Governor revealed  an  intention to remove zeros from the Iraqi currency, explaining that the goal of this step is to   ease the burden on the financial sector and   reduce the accumulation of banknotes in circulation.

He pointed out that  this process requires careful   study and   prior planning to ensure its implementation without any negative impact on      financial transactions or      confidence in the currency.
 
Economists believe that the Central Bank's decision   not to float the dinar reflects the financial institution's desire to     avoid economic shocks that could      raise inflation rates and       impact citizens' purchasing power.
 
Meanwhile, the project to remove zeros could   facilitate financial transactions and   improve the efficiency of the monetary system in the long term.
 
These statements come at a time when Iraqi monetary policy is witnessing a sensitive phase of reform, with the Central Bank seeking to balance   financial stability with   meeting the requirements of economic growth.      
https://mustaqila.com/البنك-المركزي-العراقي-يحسمها-لا-تعويم/    

Central Bank: Gold Reserves Reach 170 Tons, With Intention To Remove Zeros From Dinar
 
Baghdad Today - Baghdad The Central Bank of Iraq announced, on Tuesday, October 14, 2025,   its gold reserves and   its intention to remove zeros from the Iraqi currency.
 
Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement,   followed by Baghdad Today, that:
 
"The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time."  Khalaf added, "This amount of gold now constitutes 20% of the Central Bank's total assets, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally."
 
The Deputy Governor of the Central Bank confirmed that "there is no intention to float the Iraqi dinar exchange rate,   so as not to affect the stability of the economy at the present time." Khalaf revealed that  "there is an intention to remove zeros from the Iraqi dinar   to ease the burden of banknote hoarding on the financial sector."   Source: CNBC Arabia    https://baghdadtoday.news/285214-170.htm

 
Mali cosmetics   Removing Zeros: 170 Tons Of Gold And One Decision On The Table... Will The Iraqi Dinar Survive Erosion?
 
Economy / Special Files Yesterday, 4:00 PM | 5376  Baghdad Today – Baghdad   Amid the complexities of the   financial landscape and   increasing pressures on the money supply, the Central Bank of Iraq is opening the door   to one of the most sensitive decisions in its modern monetary history:      the project to remove zeros from the local currency.

This step coincides with the bank's announcement that   it will increase its gold reserves from 90 tons to 170 tons,   representing approximately 20% of its total assets and   placing Iraq fourth in the Arab world and   twenty-ninth globally in terms of gold reserves.
 
Meanwhile, Deputy Governor of the Central Bank, Ammar Khalaf, confirmed that   there is no intention to float the Iraqi dinar exchange rate   in order to preserve the  stability of the   financial market and the    national economy.

He noted that  "there is an intention to remove zeros from the currency   to alleviate the burden resulting from the accumulation of banknotes  within the financial sector."
 
He explained that the goal of the measure is to   reduce      transportation and      storage         costs and   improve the efficiency of cash circulation.

However, this step, which appears to be  technical and  reformist on the surface,   has raised a wave of questions about      its actual effectiveness, and       whether it represents a radical solution to the monetary policy crises, or    whether it is merely a cosmetic measure to relieve pressure    without addressing the core structural imbalances in the Iraqi economy.
 
According to estimates by international monetary institutions,   Iraq is currently experiencing moderate inflation of around 2.5%,      a relatively stable environment compared to previous years.

 However, the money supply (M0) reached historic levels at the end of 2023,   making cash transactions a logistical burden for banks and institutions.
 
Comparative studies indicate that   deleting zeros is a technical accounting step that      does not change purchasing power, but rather     simplifies calculations and      reduces errors in financial systems. However, the  success of this step depends on  its integration with comprehensive economic reform,  rather than a measure isolated from the overall financial reality.
 
Economic expert Ahmed Al-Tamimi told Baghdad Today that "the project to remove zeros from the Iraqi currency represents  an important reform step that will    facilitate monetary transactions and   reduce    administrative and    logistical burdens on the country's financial and banking system,    provided it is implemented within a   well-thought-out,     comprehensive plan   that takes into account     economic and market stability."

 Al-Tamimi adds,  "The accumulation of banknotes   resulting from the current bulk of paper money    is a significant burden on the financial sector,   requiring additional costs in   transportation,    storage, and      management, in addition to    making daily transactions difficult for citizens and institutions."

ccording to comparative economic approaches,   countries such as      Turkey in 2005 and      Ghana in 2007 saw relative success in removing zeros   after long periods of    stability and    strict financial discipline.
 
The move   helped reduce the costs of cash transactions and   boost confidence in the currency.
 
However, failed experiments,   such as those in    Zimbabwe and      Venezuela,     have shown that removing zeros   without institutional reform  opens the door to    renewed inflation and   undermines public confidence in the national currency.  

Al-Tamimi continues, "Removing zeros will not change the dinar's purchasing power per se,   but it will contribute to      simplifying the accounting and financial system and     reducing significant numerical discrepancies in financial statements,      making money management more efficient and easier to use   within   government institutions and the    private banking sector."  

He points out that the success of the experiment depends on   "a stable economic environment,   effective control of inflation rates, and   close cooperation between the    Central Bank and the   Ministry of Finance   to ensure a smooth transition    without     market disruptions or a     loss of confidence   in the national currency."
 
According to accurate economic readings,   Iraq today stands at a crossroads between      comprehensive monetary reform   and    a symbolic measure with limited impact.
 
Removing zeros may be technically beneficial,   but it becomes dangerous    if perceived as an attempt to conceal structural crises   under an administrative guise.
 
Analysts warn that   poor timing or   poor communication with public opinion    could lead to   pricing confusion and         possibly "silent inflationary cycles"     exploited by some commercial parties.   

Al-Tamimi concluded his statement by saying, "The primary objective of this step is to   enhance confidence in the Iraqi dinar,   facilitate financial transactions, and   reduce the burdens resulting      from the accumulation of paper currency.
 
It is also a structural reform in monetary policy   that should be included within a comprehensive economic reform program that      serves the stability of the dinar and      enhances its efficiency in    domestic and      international transactions."
 
Modern economic analyses confirm that   strengthening the gold reserve      provides the central bank with moral cover    for any future monetary reform.
 
However, it does not replace   financial control,   strict oversight of public spending, and   rebuilding trust between      monetary policy and the      economic community.    https://baghdadtoday.news/285251-170.html   

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

Seeds of Wisdom RV and Economics Updates Thursday Morning 10-16-25

Good Morning Dinar Recaps,

U.S. Senate Gridlock Deepens as Shutdown Enters Day 16

A Nation at a Standstill

The U.S. government shutdown entered its 16th day Wednesday, as the Senate once again failed to advance a Republican funding bill — marking the ninth failed attempt to end the budget impasse.

The vote fell short of the 60-vote threshold needed to overcome a Democratic filibuster, leaving large parts of the federal government shuttered and thousands of workers furloughed.

Inside the Capitol Deadlock

The stalled bill, pushed by Senate Republicans, sought to temporarily fund the government through November 21 while pairing spending measures with new limits on certain health care subsidies.

Democrats rejected the proposal, calling it a partisan maneuver that would weaken Affordable Care Act (ACA) premium tax credits.

“We won’t negotiate with a gun to the head of the American people,” Senate Minority Leader Chuck Schumer said after the vote.

Majority Leader John Thune and several Republican allies have floated an alternate plan: advancing standalone appropriations bills, beginning with defense funding, to isolate politically safer areas. So far, Democrats have refused to proceed without a full reopening of the government.

Fallout Across the Country

The impact of the shutdown is widening:

• Federal employees: More than 10,000 federal workers have been furloughed or laid off, with essential services stretched thin.

• Public health: The CDC has paused portions of its disease surveillance and prevention work, prompting concerns about rising risks during flu season.

• Military & law enforcement: The Trump administration has redirected unused funds to pay active-duty troops and key law enforcement personnel — a move some legal experts warn could violate appropriations law.

• Courts & contractors: A federal judge has temporarily halted further firings, citing evidence of politically motivated cuts.

“Every day this drags on, real Americans lose paychecks, security, and trust in government,” said Sen. Lisa Murkowski (R-AK), one of a handful of Republicans urging compromise.

Political Calculations & Escalation

The White House has signaled it may soon release a list of “Democrat programs” targeted for permanent closure if the standoff continues — escalating tensions and deepening partisan rifts.

President Donald Trump, in remarks Wednesday night, accused Democrats of “holding the country hostage” over health care subsidies. Democratic leaders countered that the administration’s threats were “reckless and unconstitutional.”

Despite growing economic and public pressure, there are no clear signs of progress. The Senate is expected to take up a tenth vote on Thursday, though insiders predict another stalemate unless one side softens its stance on healthcare provisions or spending riders.

The Road Ahead

As the shutdown stretches into its third week, economists warn of ripple effects on state budgets, consumer confidence, and small businesses reliant on federal contracts.
Analysts say the longer the standoff lasts, the more likely it is to erode market stability and voter patience heading into the 2026 midterms.

For now, Washington remains locked in a high-stakes battle with no end in sight.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources & Further Reading

• CBS News – “Government shutdown 2025: Latest updates on Republicans, Democrats, Trump”

• The Guardian – “US government shutdown festers into third week after ninth failed Senate vote”

• Associated Press – “Democrats say they won’t be intimidated by Trump’s threats as shutdown enters third week”

• The Washington Post – “Trump is opting some of the government out of the shutdown”

• Reuters – “Trump vows to unveil list of ‘Democrat programs’ to shut down”

~~~~~~~~~

Federal Judge Blocks Trump Administration from Firing Workers Amid Shutdown

Judicial Check on Executive Power

In a sharp rebuke to the White House, a federal court issued a temporary injunction on Wednesday blocking the Trump administration from proceeding with mass federal worker layoffs during the ongoing government shutdown.

The order, issued by U.S. District Judge Marcia Lang, halts the administration’s plan to terminate thousands of federal employees it deemed “nonessential” as part of what officials described as a “strategic workforce realignment.”

According to The Guardian and Newsweek, the court found “credible evidence” that the firings may have been politically motivated and could violate constitutional due process and federal labor protections.

The Court’s Rationale

Judge Lang’s 22-page ruling cited concerns that the administration’s directives blurred the line between budgetary necessity and political retaliation.

“The government cannot use a lapse in appropriations as a pretext to eliminate entire segments of the civil service,” the court wrote.

The injunction prevents any further dismissals until the case is fully heard — a process that could take weeks or months if appeals are filed.

Legal experts say the case could set a major precedent for how executive power is constrained during fiscal crises, especially if the administration attempts to invoke emergency authority to bypass Congress.

Shutdown Fallout and Political Shockwaves

The ruling comes amid Day 16 of the federal shutdown, now the longest in modern U.S. history without a funding agreement.
Over 10,000 government employees have already been furloughed, while millions more face delayed paychecks.

Administration officials defended the layoffs as “budget efficiency measures,” arguing that the shutdown offered an opportunity to “modernize” the workforce.
Critics, however, called it a “purge of dissenters” designed to consolidate control within key agencies ahead of 2026 election reforms.

“This was never just about saving money — it’s about reshaping the machinery of government itself,” said one senior Democratic aide.

Broader Implications: Power, Policy & Finance

While the courtroom battle unfolds, global markets and policymakers are watching closely. The injunction’s timing — in the middle of an international debate over sovereign debt, digital currency transitions, and fiscal decentralization — underscores how Washington’s paralysis reverberates far beyond politics.

The disruption to U.S. fiscal operations has already prompted credit rating agencies to reassess American debt stability, adding further volatility to global bond markets.

This judicial intervention may ultimately mark more than a political turning point — it signals the deeper struggle over control of national institutions during a period of financial and systemic transformation.

Seeds of Wisdom Analysis

“This is not just politics — it’s global finance restructuring before our eyes.”
The federal injunction illustrates this truth vividly. The shutdown has exposed how government structure, workforce policy, and fiscal management are intertwined in a broader economic realignment. Protecting the civil service isn’t merely a labor issue — it’s about who manages the flow of power and money in the new financial order.

“Out with the Old and In with the New.”
This case highlights the clash between legacy government systems and emerging power structures seeking to redefine governance in a post-industrial, AI-driven economy.

🌱 Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources & Further Reading

• The Guardian – “Federal court blocks Trump administration layoffs amid shutdown”

• Newsweek – “Federal judge blocks Trump’s planned shutdown layoffs”

• CBS News – “Shutdown enters Day 16 as Senate fails ninth vote on funding bill”

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Gold/Silver Rate COMEX

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Thank you Dinar Recaps

MilitiaMan and Crew: IQD News Update-Central Bank-No Float of Dinar-Remove Zeros

MilitiaMan and Crew: IQD News Update-Central Bank-No Float of Dinar-Remove Zeros

10-15-2025

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

Follow MM on X == https://x.com/Slashn

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=jJaDZQ7ocG4

FRANK26….10-15-25…..LIQUIDITY

KTFA

Wednesday Night Video

FRANK26….10-15-25…..LIQUIDITY

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

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

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

https://www.youtube.com/watch?v=0VcU7-eXfoQ

Seeds of Wisdom RV and Economics Updates Wednesday Evening 10-15-25

Good Evening Dinar Recaps,

"Trade Tensions Flare: U.S. and China Escalate Tariffs and Threats Ahead of APEC Summit"

Renewed U.S.-China trade disputes are rattling markets, with sanctions, port fees, and threats of 100% tariffs reigniting global economic uncertainty.

Tit-for-Tat Escalation

• The U.S. and China are locked in a rapidly intensifying trade dispute following China’s restrictions on rare earth mineral exports.

• In response, the U.S. has threatened 100% tariffs on Chinese goods starting November 1, contingent on Beijing’s next moves.

Recent Developments

• China sanctions U.S.-linked firms: Five U.S.-affiliated subsidiaries of South Korean shipbuilder Hanwha Ocean were targeted by China, citing security concerns. 

• Port fees escalate: Both nations have implemented new port fees on each other’s cargo vessels, increasing shipping costs and trade friction. 

• U.S. tariffs on wood products: Duties on kitchen cabinets, vanities, timber, and other wood products took effect in early and mid-October, signaling an escalation in trade barriers.

• Threats to terminate trade ties: President Trump warned of ending specific trade relationships, including the cooking oil trade, in response to China reducing its purchase of U.S. soybeans. Traders note that U.S. cooking oil exports to China had already collapsed.

Looking Ahead: Trump-Xi Meeting

• Despite the escalating tensions, a Trump-Xi meeting is expected at the Asia-Pacific Economic Cooperation (APEC) summit in late October.

• Both sides are reportedly seeking leverage ahead of negotiations, making the summit a critical potential flashpoint for de-escalation—or further conflict.

Market Impacts

• The renewed trade dispute has driven market volatility, with the Cboe Volatility Index surging as investors weigh economic risks.

• Oil prices have edged lower, reflecting concerns over trade disruption amid ongoing supply and demand dynamics.

Why This Matters

• The escalation underscores the fragile balance of U.S.-China economic relations and the potential ripple effects on global markets.

• If tariffs and sanctions persist or expand, global supply chains, commodity prices, and investor confidence could face sustained disruption.

• The outcome of the APEC summit may set the tone for the next phase of the world’s most consequential trade relationship.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• New York Times – U.S.-China Trade Tariffs

• Yahoo Finance – Trump Threatens Trade Retribution Against Beijing

• Reuters – U.S.-China Tit-for-Tat Port Fees

~~~~~~~~~

BRLV: Brazil's Stablecoin Gateway to Double-Digit Yields

Brazil's BRLV stablecoin offers institutional investors a compliant pathway to access the country's high-yield bond market.

Introduction to BRLV

Crown, a São Paulo-based fintech company, has secured $8.1 million in seed funding to launch BRLV, a Brazilian real–denominated stablecoin. This innovative digital asset is fully backed by Brazilian government bonds, providing institutional investors with streamlined access to Brazil's high-yield fixed-income market. 

Brazil's Attractive Bond Yields

Brazil's government bonds offer yields significantly higher than those in more mature economies. The 10-year Brazilian government bond yield is approximately 14%, making Brazil one of the most attractive sovereign bond markets globally. These high yields are influenced by the Central Bank of Brazil's benchmark Selic rate, which currently stands at 15% after a series of increases aimed at containing inflation. 

Simplifying Access for Global Investors

Investing directly in Brazilian government bonds can be challenging due to local regulations and capital controls. BRLV aims to simplify this process by offering a tokenized version of the real backed by government debt. According to Crown's co-founder and CEO, John Delaney, "The safest way to manage stablecoin reserves and ensure every token is fully backed is to invest those reserves in government bonds." Unlike most stablecoin issuers who retain this income, Crown plans to share the yield with institutional partners through an income-sharing mechanism. 

Brazil's Growing Stablecoin Ecosystem

Brazil has emerged as a key market for stablecoins. According to Chainalysis, Brazil led Latin America with $318.8 billion in crypto transactions received between July 2024 and June 2025, driven in part by relatively supportive regulations. The report found that more than 90% of Brazil's crypto transaction volume involves stablecoins, underscoring their growing role in payments and cross-border transfers. 

Conclusion

BRLV represents a significant development in Brazil's financial landscape, offering institutional investors a compliant and efficient way to access the country's high-yield bond market. As global demand for real-world assets grows, BRLV positions Brazil as a key player in the evolving stablecoin ecosystem.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Source:

• Cointelegraph – Brazilian Stablecoin Opens Door to Country’s Double-Digit Yields

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

"Trump's Tariff Threat: BRICS Faces U.S. Economic Pushback Over Dollar Challenge"

President Donald Trump has intensified his stance against the BRICS coalition, warning member nations of severe economic consequences if they continue efforts to undermine the U.S. dollar's global dominance.

Background: BRICS and the Dollar Debate

• The BRICS group—comprising Brazil, Russia, India, China, and South Africa—has been exploring alternatives to the U.S. dollar in international trade.

• This includes discussions about creating a new currency or conducting transactions in national currencies.

• Such moves are viewed by some as attempts to challenge the dollar's status as the world's primary reserve currency. 

Trump's Economic Response

• In response to these developments, President Trump has issued a stern warning to BRICS nations.

• He stated that any country attempting to replace the U.S. dollar would face 100% tariffs on its exports to the United States.

• Trump emphasized that the U.S. would require a formal commitment from these countries to refrain from creating a new currency or supporting alternatives to the dollar. 

Kremlin's Rebuttal

• The Russian government has dismissed Trump's assertions, asserting that BRICS is not aiming to replace the U.S. dollar.

• Kremlin spokesperson Dmitry Peskov stated that the group's focus is on fostering cooperation among its members, not on challenging other nations' currencies. 

Global Implications

• The escalating tensions between the U.S. and BRICS have raised concerns about potential disruptions in global trade and finance.

• Analysts suggest that while the U.S. dollar remains dominant, increasing efforts by BRICS to establish alternative systems could lead to a multipolar financial world. 

Why This Matters

• Trump’s warnings highlight the fragile balance of power in the global financial system.

• If BRICS succeeds in creating viable alternatives to the dollar, the U.S. could face reduced influence over international trade, monetary policy, and economic leverage.

• Markets, emerging economies, and global supply chains may all feel the effects of a multipolar currency landscape, reshaping geopolitics and global finance for decades to come.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Reuters – Kremlin rejects Trump's assertion that BRICS targets the dollar

• Times of India – Trump tries to dismantle BRICS again, opening another front with India

• Economic Times – Trump calls BRICS 'attack' on US dollar

• The Guardian – Putin’s World Economy Bloc BRICS Summit

• Time – Trump Tariffs Threat: BRICS Anti-American Concerns

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Evening 10-15-25

The Region Transfers 120 Billion Dinars Of Its Non-Oil Revenues To The Federal Government.

Economy | 03:45 - 10/15/2025  Mawazine News – Erbil  An informed source in the Kurdistan Regional Government revealed on Wednesday that 120 billion dinars of non-oil revenues have been transferred to the federal government in Baghdad.

The source said, "The Kurdistan Regional Council of Ministers approved during its last meeting the transfer of 120 billion dinars of non-oil revenues collected during the recent period to the federal Ministry of Finance," indicating that "the step comes within the framework of the ongoing understandings between Erbil and Baghdad regarding the settlement of financial files and the regulation of public revenues."

The source indicated that the decision came after a series of joint meetings between the Ministries of Finance in Baghdad and Erbil over the past months, focusing on the mechanisms for disbursing non-oil revenues and implementing the provisions of the Federal Budget Law for 2025, which stipulates that the region is committed to transferring a specific percentage of its revenues in exchange for securing the salaries of its employees. https://www.mawazin.net/Details.aspx?jimare=268507

Tax Reform Is Yielding Results In Increased Non-Oil Revenues For The State Treasury.

Money and Business  Economy News – Baghdad  Non-oil tax revenues increased to 3.07 trillion dinars in 2023, 3.87 trillion dinars in 2024, and 1.155 trillion dinars in the first half of 2025, benefiting the state treasury.

These measures included expanding the tax base, introducing new activities under the income tax, adopting modern electronic automation and payment systems, and activating exemptions for productive sectors.

The government adopted an economic approach based on maximizing non-oil resources and strengthening the development economy, emphasizing "the importance of tax as a primary economic resource for the public treasury."
In this context, a broad package of tax reform measures was launched.

This package included Cabinet Resolution No. (24074), which stipulates expanding the tax base, subjecting new activities to income tax, subjecting e-application companies to tax, and introducing a sales system for premium and first-class restaurants and hotels, with the tax amount being collected and the taxpayer being discharged directly.

Key measures and important decisions included establishing tax accounting mechanisms with foreign oil companies, mixed-sector companies, and private universities; submitting a draft new Income Tax Law to replace the amended and effective Law No. 113 of 1982; establishing a tax inquiry platform; and moving toward fully automating the General Tax Authority's work through a comprehensive tax system in cooperation with major e-commerce companies.

Reforms also included adopting a self-assessment and subsequent audit mechanism, launching an electronic payment service at the Authority and its branches, and activating tax exemptions for productive agricultural lands, poultry farms, and hatcheries.

The  tax reform also included the Prime Minister's sponsorship of the "Tax Reform Conference," which emphasized studying tax evasion and enhancing a business-friendly tax environment, in addition to tax accounting for extractive companies within licensing rounds.

A wide range of double taxation avoidance agreements was signed with governments of friendly countries.

In the same context, the Prime Minister sponsored the "Tax Conference for Economic Development and Revitalizing the Investment Environment," which concluded with recommendations emphasizing the need not to impose tax increases that would negatively impact the business environment.    https://economy-news.net/content.php?id=61176

Trump Sends A Letter To The President Of The Republic

Political | 04:27 - 10/15/2025  Mawazine News - Follow-up  US President Donald Trump congratulated Iraq on its National Day on Wednesday, affirming the United States' firm commitment to the strategic partnership with Iraq and joint cooperation.

The Presidency of the Republic stated in a statement received by Mawazine News that "President of the Republic Abdul Latif Jamal Rashid received a congratulatory message from US President Donald Trump on the occasion of the 93rd anniversary of Iraq's National Day."

In his message, President Trump affirmed "the United States' firm commitment to the strategic partnership with Iraq and joint cooperation in all fields in a way that enhances regional stability."

The following is the text of the message:

“Greetings, Your Excellency the President.

We and the people of the United States of America are pleased to extend our sincere congratulations and blessings to you, the government and people, on the occasion of the (93)th Iraqi National Day.

This year has been marked by remarkable achievements that highlight Iraq’s resilience and growing leadership in the region. The successful hosting of the Arab League Summit in Baghdad highlighted Iraq’s ability to enhance dialogue and cooperation among neighboring countries. The visit of the US-Iraq Business Council in April confirmed the strength of our shared economic partnership.

The United States demonstrates its steadfast commitment to the strategic partnership with Iraq. Together, we have worked to promote regional stability, enhance energy security, and maintain pressure to prevent the return of ISIS.

We look forward to continuing our cooperation on shared priorities and building on the momentum of our economic successes.  We wish you and all Iraqis a happy holiday and a year filled with peace, progress, and prosperity.

Sincerely ,  President Donald J. Trump.”      https://www.mawazin.net/Details.aspx?jimare=268510

Central Bank: 5 Iraqi Banks Will Leave The Market And Close Their Doors.

Economy | 10/15/2025  Mawazine News - Baghdad -  The Central Bank of Iraq revealed on Wednesday that five Iraqi banks are close to exiting the market in the coming period, after failing to comply with the comprehensive review standards imposed by the Central Bank on banks.

Deputy Governor of the Central Bank, Amer Al-Ithawi, said that the restructuring process for private banks in Iraq included three paths: remaining in the market by adhering to the standards, merging, or exiting the market, according to Bloomberg.
He added, "Most private banks in Iraq have adhered to the first and second paths, whether continuing alone while adhering to these standards, or merging with other banks. However, a small number of them have chosen to leave voluntarily, a small minority not exceeding five banks."

He explained that "the standards that banks operating in Iraq must meet are strict and clear, and banks that are unable to comply with them will be ineligible to be included in the Iraqi banking sector." https://www.mawazin.net/Details.aspx?jimare=268491 

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

Surging Gold EXPOSES How Dollar System Is Being Abandoned

Surging Gold EXPOSES How Dollar System Is Being Abandoned

Taylor Kenny:  10-14-2025

For the first time since 1996, central banks now hold more gold than U.S. Treasuries.

 That’s not a coincidence. It’s a silent vote of no confidence in the dollar.

It’s no secret that the world of finance can feel like a labyrinth, with complex systems and jargon that often leave the average person feeling lost.

But sometimes, a significant shift occurs, a seismic tremor that even the most casual observer should notice. According to a recent video from ITM Trading featuring Taylor Kenney, such a shift is not only happening but is accelerating – a profound repositioning of gold at the very heart of the global monetary system.

For the past three years, gold prices have been on a spectacular ascent, nearly tripling in value. This isn’t just a minor fluctuation; it’s a powerful signal, a message largely flying under the radar or dismissed by many as a mere market anomaly.

Kenney’s core argument is potent: gold is re-emerging as the ultimate monetary anchor, driven by a deep and pervasive erosion of trust in the US dollar and fiat currencies worldwide.

Let’s unpack why this is happening. The United States is grappling with a colossal and seemingly unsustainable debt burden, approaching a staggering $38 trillion.

The annual cost of simply rolling over this debt is around $7 trillion, an amount that forces the US to become heavily reliant on foreign entities to purchase dollar-denominated assets. This delicate balancing act, however, has revealed its vulnerabilities.

A pivotal moment, as highlighted in the video, was the 2022 freezing of Russian dollar reserves. This action sent shockwaves through international financial circles, exposing the inherent risks and lack of true monetary sovereignty that foreign central banks face when holding US dollars.

The implication is stark: if these assets can be frozen for one nation, they can potentially be frozen for others. This revelation has spurred a crucial pivot, a move away from the dollar and towards gold.

Why gold? Because it possesses qualities that fiat currencies simply cannot replicate.

Gold carries no counterparty risk – meaning its value isn’t dependent on another party’s promise to pay. It cannot be arbitrarily frozen by geopolitical decree, nor can its value be diluted by the endless printing of money. For centuries, through every imaginable geopolitical upheaval and economic storm, gold has remained the unchallenged store of value.

The implications of this shift are already being felt. For the first time since 1996, central banks are holding more gold than US Treasuries. This isn’t a subtle indicator; it’s a resounding declaration of lost confidence in dollar assets and a clear sign that the dollar’s reign as the world’s reserve currency is beginning to wane.

The ITM Trading video sounds a stark warning: as the dollar’s dominance fades, we can expect desperate measures from the Federal Reserve.

 Think liquidity  and aggressive money printing, all aimed at maintaining a fragile illusion of stability. The inevitable consequence? A currency crisis, where escalating inflation morphs into hyperinflation, decimating the purchasing power of the dollar. Your savings, your paycheck, your very standard of living will be severely impacted.

History offers cautionary tales, like the 1933 gold confiscation and revaluation under President Roosevelt. While this event wiped out personal wealth overnight for many, it dramatically rewarded those who held gold. Such “currency resets” are a stark reminder of how quickly fortunes can change.

The presenter’s call to action is clear and urgent: prepare yourself. The path to wealth protection and the creation of generational wealth will no longer be paved with dollar-based assets. The solution, according to the video, lies in acquiring physical gold and silver.

For those seeking to understand this accelerating monetary reset and how to safeguard their wealth, ITM Trading is offering a free educational resource on currency resets and gold protection. They also encourage viewers to connect with professional analysts for personalized guidance on navigating these turbulent financial waters.

This isn’t just another financial prediction; it’s a wake-up call. The world is undergoing a profound monetary transformation, and gold is reclaiming its rightful place. Are you ready to listen?

In this video, Taylor breaks down what’s fueling gold’s surge, why the dollar is losing trust, and what that means for your savings.

CHAPTERS:

 0:00 Central Banks Buying Massive Amounts of Gold

1:09 U.S. Drowning in Debt

2:10 Why the Massive Decline?

 3:29 Central Banks Hold More Gold

4:57 Debt Crisis to Currency Crisis

6:19 Can You Afford to Lose your Savings?

7:32 Gold is Built to Endure

https://www.youtube.com/watch?v=nl-yYq_ZBtc