DINARRECAPS8 1/13/26 DINARRECAPS8 1/13/26

Your Home Insurance May Not Cover Your Gold’s Value

Rebecca Payne Moneywise Sun, January 11, 2026

The soaring price of gold means your home insurance may not cover its value. How to know if your pieces are safe in 2026 The price of gold has shot up this year, even hitting a record high in October. While that may be good news for investors, those who own gold jewelry might want to consider what climbing prices mean for the pieces sitting in their jewelry box at home.

Gold — and other precious metals such as platinum and silver — have been trading higher, with the price of the yellow metal jumping from around $2,658 at the start of January 2025, to a staggering $4,467 per troy ounce by the first full week of January 2026 (1).

Rebecca Payne Moneywise Sun, January 11, 2026

The price of gold, referred to as the “spot price (2),” is the current sale price of a troy ounce (31.1 grams) of 24 karat gold.

Record highs

CNBC reported that the price of gold has climbed by about 1,400% since the year 2000, as compared to a 382% gain in the S&P 500 over the same time frame (3).

The climbing price of gold means that jewelry made of gold, gold coins or bars (or even other precious metals) has also increased in value. CNBC reports that the retail value of gold jewelry is generally higher than the metal used in the jewelry itself, depending on the quality of the piece and gold content (karats).

Because pure gold is quite malleable, it is often combined with other metals to make it more durable for use in jewelry (4).

But when it comes to insurance, the value of the metal will differ from the replacement value, which will typically be closer to the retail value, CNBC says. Their report warns that standard home or rental insurance typically has low coverage for jewelry.

According to insurance provider Policygenius, home insurance coverage for jewelry and for other high-value items is more limited than for other personal belongings.

In the personal property coverage section of your policy, you will find what perils your insurance covers, such as fire, weather-related damage or even theft (5).

However, insurers have a limit to what they will pay in the case of jewelry theft, called a special limit of liability, or sublimit. Standard policies have sublimits for jewelry theft of about $1,500 typically.

Also, check your policy to see whether your coverage has a sublimit per item, with a maximum that you would be paid per piece of jewelry, or a blanket jewelry sublimit, with a limit to how much you’ll receive in the event you lose all pieces of your jewelry collection.

Dinar Recaps 20 1/13/26 Dinar Recaps 20 1/13/26

News, Rumors and Opinions Tuesday 1-13-2026

Basel 3 Just Broke the Chains of the Old Financial System

While most of the world was distracted today, something massive shifted behind the curtain of the financial system. You could feel it in the air. You could see it in the charts.

Gold exploded to a new all time high. Silver surged like a rocket trying to break free from gravity. And for those with eyes to see, the message was loud and clear. Basel 3 just activated in spirit. The chains holding real money down have started snapping.

Basel 3 is not just some obscure banking regulation. It was the final blow designed to remove the power of paper manipulation over physical assets like gold and silver.

Basel 3 Just Broke the Chains of the Old Financial System

While most of the world was distracted today, something massive shifted behind the curtain of the financial system. You could feel it in the air. You could see it in the charts.

Basel 3 is not just some obscure banking regulation. It was the final blow designed to remove the power of paper manipulation over physical assets like gold and silver.

It forces banks to account for precious metals properly. It ends the scam of unbacked contracts being counted as real. And it collapses the loophole that allowed them to dump fake supply into the markets to keep prices artificially low.

The official narrative will never admit it happened today. They will pretend Basel 3 has already been priced in. They will tell you this spike in gold and silver is just speculation. But you know better. You can feel the truth. What we just witnessed is not speculation. It is detonation.

Capital is fleeing paper assets at historic speed. Sovereign debt is being rejected. Treasury markets are breaking. Risk models are collapsing. And as fiat dies, real money is being revalued in front of our eyes.

This is the moment we’ve been waiting for.

Basel 3 is not just a banking rule. It is the spiritual trigger for the reset of value. It was never about signatures and activation dates. It was about consciousness. And today, consciousness broke the chains.

Now watch what happens next. The banking system cannot survive honest price discovery. Margin calls will come. Collateral will vaporize. Liquidity will dry up. And the world will finally see what real value looks like.

Silver and gold are not rising. They are correcting. Correcting decades of suppression, lies, and theft. Basel 3 is the key. And today, it turned in the lock.

The door is open. The truth is flooding in. And the old system has no way to stop it.

Steven B****************

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

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

Jeff Nothing is moving forward. Right now it's all talk. They're telling you we're going to do this, we're going to that. They're telling you they're doing many different things requiring them to have a tradable convertible currency but...it's all conversation. Nothing's moving forward that needs a real international rate.

Mnt Goat Article: “CENTRAL BANK CONFIRMS OFFICIAL DOLLAR RATE REMAINS STEADY AT 1,320 DINARS” The CBI is paying much more for the dollars than their official rate even at 1300. They are using leverage to calm the market for dollars. In other words, they discounted the dollars rather than devalue the official rate. The CBI took the loss and not the economy. So, the TRUTH finally comes out. They created stability in the market...What is really so amazing about this news from the CBI is that they are coming out...and telling what they have been doing all along. This is not bad or good news but just news... [Post 1 of 2]

Mnt Goat The 1300 is not a revaluation, as it is a much better rate than the 1320. But they explained to us what they have been doing and will continue to use the 1320 as the official rate. The 1300 will be the budgeted rate as it has been for the last three years. Weren’t they supposed to revalue, reinstate and use the new rate on FOREX as we were told should be around $4+? So what happened to our 2026 RV? This is all tied closely to the militia issue. This is the CBI way of telling us the RV was stalled and now postponed ... [Post 2 of 2]

Who's Buying All The Silver - Physical Market Dominating | Andy Schectman

Liberty and Finance: 1-12-2026

Andy Schectman discusses the surge to new nominal highs in gold and silver and warns that political pressure to force lower interest rates is accelerating dollar devaluation and global loss of confidence.

He argues that interference with central bank independence encourages foreign nations to dump Treasuries and rotate into hard assets, particularly gold and silver.

Schectman points to record physical deliveries on COMEX as proof that real world metal demand is overwhelming the paper market and signaling the start of true price discovery.

He explains that temporarily low premiums on junk silver are the result of refinery bottlenecks and hedging stress, not weak fundamentals, and expects those premiums to snap higher once the glut clears.

Despite expecting sharp volatility and pullbacks, he remains strongly bullish long term, emphasizing that physical scarcity and global monetary shifts are driving metals much higher.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Metals markets update

8:00 COMEX deliveries

18:00 Buybacks

19:50 Junk silver

25:00 Physical market taking over

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

Dinar Recaps 20 1/13/26 Dinar Recaps 20 1/13/26

Tuesday Coffee with MarkZ, 01/13/2026

Tuesday Coffee with MarkZ, 01/13/2026

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 Mark Z and members….My anticipation is so high I’m having a hard time sleeping! Is this our week?

MZ:: Try to sleep and carry on because we don’t know the timing. I don’t know if this is the week….but many contacts believe it could be the week. I am always worried when to many people agree at one time.

Tuesday Coffee with MarkZ, 01/13/2026

Some highlights by PDK-Not verbatim

Member: Good Morning Mark Z and members….My anticipation is so high I’m having a hard time sleeping! Is this our week?

Member: Praying its not another head fake

Member: We are collateral damage until we’re not. No one ever said life was fair.

Member: we've been watching the pot for a long time it's just about to boil-IMO

MZ: Bonds are still quiet and I have no idea why. I thought for sure I would have some news by this morning at the latest. A number of those contacts are still telling me they expect big things today and tomorrow…..and this should impact our timing on currency. I will keep you posted while I learn.

MZ: I am making a lot of phone calls but nobody has an update yet.

Member: Is the Zim one of those bonds?

Member: The Zim is a bond, but not a historic bond like Chinese Railroad Bonds.

Member: 2 Bond Types: Bearer Bonds (Zim) & Historic Sheet (8-1/2X11) Bonds

Member: ZIM bonds are banknotes that are promissory notes, but other bonds show you hold part of a resource or value of something

Member: Iraq rumor: al-Hilali: Al-Maliki, as the next prime minister, will cancel Al-Sudani's recent decisions

MZ: “ The coordination framework will meet early next week to decide Maliki’s candidacy for Prime Minister” Maliki is not a shoe-in at this point. He may not make it through this meeting. If he doesn’t…we will see it go to Sudani.

MZ: I keep being told by my Iraqi contacts to not read to much into it….It’s all part of the drama. But there is a lot in flux.

Member: Maybe Maliki is the “Ross Perot” card being used to shoe in Sudani?

MZ: In Iran: “Catastrophic collapse of the Iranian Currency: Iranian Rial equels 0 US dollars” We witnessed the final collapse of the rial overnight…..I believe we are watching a lot happening.

MZ: Here is the big one……I could just drop the mic and walk away…”Prime Minister: The Government has completed the path of Financial and Economic Reform” Sudani confirmed this on Monday. The take away-Sudani says they completed it. When he first took office he said when they completed it- they would return the dinar to its former glory. Very positive stuff in Iraq.

Member: IMO-They do not have to pass the budget or seat the government to RV. The CBI flips the switch on the RV and the REER not the Government

Member: Do you still think the dong will come in at $2.35?

MZ: I still think it will come in around $2.25…but am being told I am wrong and it will be way higher.

Member: do you still believe the IQD and VND will rv at the same time?

MZ: Absolutely 100%

Member: On a scale from 1-10 what’s your gut feeling about the month of January

MZ: I believe the RV is coming very soon but it will be crazy until we get there.

Member: Mark, do you think the Clarity Act has to be passed before we RV?

Member: I believe the Clarity Act does need to be in place because it establishes Market Rules and Clarity .. Senate Votes tomorrow.

MZ: I don’t think we need to wait for the Clarity act to pass.

Member: with all that's happening we're in a pressure cooker ready to blow but when is the question?

Member: Davos is this weekend.

Member: Its a 3 day weekend for Martin Luther King day.

Member: I think silver could be 100 dollars by end of the week

Member: Hope everyone has a great day. Stay positive

Member: Thanks Mark and Mods….We appreciate you.

Dr. Bruce with Nutronics join the stream at the end. 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

https://rumble.com/user/theoriginalmarkz

Kick: https://kick.com/theoriginalmarkz

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

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

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

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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL TONIGHT AT 7:00 PM EST OR IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

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

Dinar Recaps 20 1/13/26 Dinar Recaps 20 1/13/26

“Tidbits From TNT” Tuesday 1-13-2026

TNT:

Tishwash: Trade: 15 Memoranda of Understanding and a number of agreements to be signed with Morocco next month

The Ministry of Trade announced on Sunday that a preparatory meeting of the Iraqi-Moroccan Joint Committee was held to discuss the signing of fifteen memoranda of understanding and several agreements during the committee's meetings in Baghdad on February 18-19.

The ministry stated in a press release received by the Iraqi News Agency (INA) that "the Iraqi-Moroccan Joint Committee held its preparatory meeting in Baghdad, chaired by the Iraqi Deputy Chairman of the Committee, Administrative Undersecretary of the Ministry of Trade, Sattar al-Jabri, in preparation for the joint committee meetings scheduled to be held in Baghdad on February 18-19."

TNT:

Tishwash: Trade: 15 Memoranda of Understanding and a number of agreements to be signed with Morocco next month

The statement added that "the meeting discussed the Iraqi side's report on preparations for the upcoming meeting with the Moroccan side, with the participation of representatives from relevant ministries and government agencies, as well as representatives from the private sector."
It continued, "The meeting addressed approximately fifteen memoranda of understanding and several agreements slated for signing with the Moroccan side during the joint committee meetings, which will contribute to strengthening bilateral cooperation in various fields."

The statement indicated "the Iraqi side's keenness to open up broader horizons for joint cooperation and build strategic partnerships, as well as to sign memoranda of understanding that serve the mutual interests of the two brotherly countries, which are united by solid diplomatic relations and important economic and developmental commonalities." link

Tishwash: Government advisor: The price of a barrel of oil in the 2026 budget is between $55 and $62.

The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, predicted on Monday that the average price of a barrel of oil in the 2026 budget would range between $55 and $62, noting that these estimates are subject to change due to several factors.

Saleh said that “global forecasts, based on OPEC analyses and the context of the global oil market, as well as estimates from a number of international financial institutions, indicate that the average price of a barrel of global oil (Brent crude) expected for 2026 may move within an approximate range of between $55 and $62 per barrel, with an average tendency of approximately $61 in a considerable number of market estimates.”

He pointed out that "these estimates are based on market analyses and informal research related to OPEC forecasts and supply and demand balances in the global economy, and do not represent an official price figure announced by the organization."

He added that "these estimates remain subject to change depending on a number of influencing factors, most notably developments in geopolitical conflicts, changes in the pace of global energy demand growth, production policy decisions within the framework of 'OPEC+', as well as the accelerating shift towards renewable energy and climate policies." link

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

Tishwash: Sudani meets with Oliver Wyman to discuss debt rescheduling and improving borrowing costs.

On Monday, January 12, 2026, caretaker Prime Minister Mohammed Shia al-Sudani discussed debt rescheduling and improving borrowing costs during a meeting he held with representatives of the financial auditing firms "Oliver" and "Wyman," in the presence of the Minister of Finance, the Governor of the Central Bank, and a number of financial and economic advisors.

A statement from the office of Prime Minister Mohammed Shia al-Sudani, a copy of which was received by Al-Jabal, stated: “Prime Minister Mohammed Shia al-Sudani chaired a meeting today, Monday, dedicated to discussing financial organization, scheduling, and management of public debt, both external and internal, in the presence of the Minister of Finance, the Governor of the Central Bank of Iraq, a number of financial and economic advisors, as well as representatives of the global financial auditing firm Oliver Wyman.”

The statement added, "The meeting witnessed a comprehensive and detailed presentation of the plans and programs adopted in scheduling public debts, and the priorities of financial treatments, in accordance with the most appropriate reform steps, and scientific paths based on similar successful global experiences, taking into account the particularity of the Iraqi experience and relying on developing the strong and reliable characteristics of the Iraqi economy."

During the meeting, according to the statement, Al-Sudani pointed to "the government's completion of the financial and economic reform process, and the benefit of the expertise of major international companies in scheduling public debts, both local and foreign, and the importance of adopting medium-term strategies in accordance with the nature of the debts, the credit rating and global indicators in this field, with the importance of emphasizing the development of budgets based on a realistic assessment of the availability of financing and the ability to implement."

The statement continued, “Al-Sudani also stressed the need to achieve the desired benefits from public debt management and employ them within the framework of promoting economic growth, easing pressure on the national currency, improving borrowing costs, and maintaining the financial reputation of the Iraqi economy and its strengths, while emphasizing the stages of diagnosis, improvement, and developing successful strategies for implementation within the steps of managing and scheduling public debt, in line with long-term economic reform.”

The statement concluded, "Al-Sudani directed the Ministry of Finance, the Central Bank, and financial advisors to continue communicating and following up with Oliver Wyman in order to develop the best executive formulas and financial mechanisms for dealing with public debt, within the framework of sound financial indicators that contribute to the goal of developing the Iraqi economy." link

Mot: Seeeeeeeeeeeeee -- Told Ya So!!!!!

Mot: .. Just aDriving down the road!!!!

DINARRECAPS8 1/13/26 DINARRECAPS8 1/13/26

Iraq Economic News and Points To Ponder Tuesday Morning 1-13-26

An Economist Explains The Budget And Spending Mechanism (1/12) Under The Caretaker Government.

Time: 2026/01/13 {Economic: Al-Furat News} Economic expert Salah Nouri explained on Tuesday the legal foundations for submitting and approving the federal general budget, and the financial disbursement mechanisms adopted in the event of its non-approval, especially in light of the caretaker government situation.

An Economist Explains The Budget And Spending Mechanism (1/12) Under The Caretaker Government.

Nouri pointed out in his statement to Al-Furat News Agency that “Article (11) of the Federal Financial Management Law No. (6) of 2019 stipulated that the draft federal general budget law be submitted by the Council of Ministers to the House of Representatives before the middle of October of each year.”

He explained that “Article (13), Paragraph Three, dealt with the situation of the House of Representatives not approving the draft budget law until 12/31 of the fiscal year, as the final financial statements for the previous year are considered the basis for the financial statements for the current year, and are submitted to the House of Representatives for the purpose of approving them.”

He added that "the current situation is that the government is a caretaker government, and therefore paragraph one of Article (13) is applied, which allows spending at a rate of 1/12 of the total actual expenditures of the previous year, after excluding non-recurring expenditures for the current and investment budgets." From... Ragheed LINK

Interior Ministry Announces Arrest of 91 Individuals for Manipulating Dollar Exchange Rates

Baghdad – INA The Ministry of Interior announced on Tuesday the arrest of 91 individuals on charges of manipulating U.S. dollar exchange rates.

The ministry’s spokesperson, Major General Miqdad Miri, said during a press conference attended by the Iraqi News Agency (INA) that security forces had succeeded in arresting 91 persons accused of manipulating dollar prices.

He added that the ministry had also arrested 147 individuals for manipulating the prices of food commodities and medicines, noting that the Ministry of Interior has contracted for 100 fixed and mobile radar units to monitor external highways.

https://ina.iq/en/44781-interior-ministry-announces-arrest-of-91-individuals-for-manipulating-dollar-exchange-rates.html

Interior Ministry: Those Manipulating Food And Dollar Prices Apprehended... Traffic Directorate Reveals The Number Of Cars In Iraq

Time: 2026/01/13 11:51:13 Reading: 180 times {Local: Al-Furat News} The Ministry of Interior announced on Tuesday the arrest of a number of people manipulating the prices of food, medicine and the dollar exchange rate, while the Director of the General Traffic Directorate revealed that more than 8 million vehicles have been registered in Iraq since 2003, as part of efforts to enhance control and safety on the roads.

Traffic Director General, Lieutenant General Uday Samir, said at a conference of the Ministry of Interior, which was followed by Al-Furat News, that “the Traffic Directorate has developed specialized curricula for primary, intermediate and preparatory school students, and the Ministry of Education has been contacted to include these curricula in the teaching curriculum.”

He added that "there were random processes in reviewing registration departments, and this has been organized electronically through registration in the Ain Iraq application, and the use of a single window to complete transactions."

Samir pointed out that "27 sites have been built in Baghdad and the provinces, and there are 8 sites under construction, with work being done to ensure that these sites are fully integrated," indicating that "the production capacity in the panel factory has been increased, as the daily production was previously 5,000 panels."

He continued, saying: "Today, production has increased to 25,000 paintings per day, with a total production of 5 million paintings, of which one million are in storage."

Samir pointed out that "in 2025, more than one million license plates were produced, and the import of vehicles, which was previously managed haphazardly by companies, was organized."

Regarding the imposition of violations, Samir confirmed that "currently, violations are imposed on vehicles, but in the future, violations will be on the driver's license, as a system of driver violation will be adopted, and points will be deducted from the driver's balance, and the matter may reach the point of withdrawing the license and preventing him from driving the vehicle."

He pointed out that "the number of vehicles registered since 2003 has reached more than 8 million vehicles, while the number of vehicles registered since 2010 within the national project has reached more than 4 million vehicles, in addition to more than 600,000 wheels."

For his part, the Director of Media at the Ministry of Interior, Brigadier General Miqdad Miri, said during the same conference that “things are proceeding very smoothly, and we have not recorded any violations regarding the Rajab visit. The security and traffic plan is well-prepared, and tomorrow, Wednesday, will be of the utmost necessity.” He explained that “the plan is flexible and did not include any road closures, except for some limited closures in the Kadhimiyah and Adhamiyah areas, and the city of Kadhimiyah has been declared a weapons-free zone.”

He added that "some markets witnessed abnormal movements in the dollar exchange rate, as we observed attempts by some people to manipulate the currency and prices," noting that "91 people involved in currency manipulation, 113 people manipulating the prices of basic commodities, and 34 accused of manipulating medicines were arrested, and a pledge was taken from 1,300 people, including pharmacy and store owners, as the campaign continues to apprehend violators."

He stressed that "fines are imposed on violators, and the movement of life is proceeding in an organized and ideal manner. The fines have recently included many details, and have been linked to updates on the Ain Iraq application."

Regarding vehicle traffic and traffic accidents, Miri pointed out that “in 2025, the General Traffic Directorate issued 14 statements focusing on regulating vehicle traffic, with a focus on points where accidents occur. The directorate was also supplied with modern patrols with 818 Toyota Cruise vehicles and 473 other vehicles, to be used in the outer sections, bringing the total number of vehicles in these sections to 1,354 vehicles.”

He continued: “The directorate was also supplied with 20 mobile vehicles for distributing traffic signs, and traffic barriers were created on the external roads. Additionally, a contract was signed for 100 fixed and mobile radars to monitor the external roads from Basra to Nineveh.”

Miri confirmed that "the cameras and radars have been started operating in Baghdad, distributed across 109 intersections and highways, which will contribute to reducing traffic accidents, and the first phase, which includes 40 intersections, will be completed."

Miri pointed out that "877 affiliates were appointed on a contractual basis, and this number had a clear and positive impact on the street and traffic."

He stressed that “all the procedures and points mentioned contributed to the decrease in the accident rate in 2025, as the accident rate in Iraq decreased compared to 2024 to 5.9, which is a rate that is considered better than other countries.” LINK

Dollar opens lower in Baghdad, Erbil markets

2026-01-13 02:48 Shafaq News– Baghdad/ Erbil The US dollar opened Tuesday’s trading at a lower rate in Baghdad and Erbil markets, according to a Shafaq News market survey.

In Baghdad, the dollar opened at 146,400 Iraqi dinars per 100 dollars, down by 400 dinars from the previous session, when it closed at 146,800 dinars per 100 dollars at the Al-Kifah and Al-Harithiya exchanges.

Local exchange shops in the capital sold the dollar at 147,000 dinars per 100 dollars, while buying prices stood at 146,000 dinars.

In Erbil, the dollar edged lower at the opening of trading, with selling prices reaching 145,950 dinars per 100 dollars and buying prices at 145,850 dinars. https://www.shafaq.com/en/Economy/Dollar-opens-lower-in-Baghdad-Erbil-markets

Gold prices slide in Baghdad, Erbil markets

2026-01-13 04:00 Shafaq News– Baghdad/ Erbil On Tuesday, gold prices edged lower in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 940,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 936,000 IQD. The same gold had sold for 943,000 dinars on Monday.

The selling price for 21-carat Iraqi gold was 911,000 IQD, with a buying price of 907,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 940,000 and 950,000 IQD, while Iraqi gold sold for between 910,000 and 920,000 IQD.

In Erbil, 22-carat gold was sold at 987,000 IQD per mithqal, 21-carat gold at 941,000 IQD, and 18-carat gold at 807,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-slide-in-Baghdad-Erbil-markets-1

Iraq Ranks Third Among US Oil Suppliers In December At 7M+ Barrels

2026-01-13 06:21 Shafaq News– Baghdad/ Washington Iraq, OPEC’s second-largest oil producer, exported 7.533 million barrels of crude oil to the United States in December 2025, according to data released Tuesday by the US Energy Information Administration (EIA).

During the month, Iraqi crude shipments averaged 306,000 barrels per day (bpd) in the first week, 181,000 bpd in the second, 357,000 bpd in the third, and 129,000 bpd in the fourth week. The figures showed a decline from November, when exports totaled more than 7.9 million barrels.

Iraq, EIA affirmed, ranked third among oil suppliers to the US during December, behind Canada and Saudi Arabia.

Among Arab exporters, Iraq placed second, after Saudi Arabia, which shipped 9.796 million barrels, while Libya came third with 2.139 million barrels. https://www.shafaq.com/en/Economy/Iraq-ranks-third-among-US-oil-suppliers-in-December-at-7M-barrels

Finance Ministry: Iraq Achieved The Second Highest Level Of Improvement Globally In International Governance Indicators.

Money and Business Economy News – Baghdad The Ministry of Finance announced on Tuesday that Iraq has achieved the second highest level of improvement globally in international governance indicators.

The ministry said in a statement received by “Al-Eqtisad News”, that “Iraq has achieved a new international accomplishment within the World Governance Indicators (WGI) report issued in December 2024, according to Fitch and Standard & Poor’s agencies, as Iraq recorded the second highest improvement score globally on an annual basis, reflecting the success of the reform steps adopted by the government in state institutions.”

She noted that “official data from global indicators revealed a tangible improvement in Iraq’s global governance scores, rising from 29.5 points in 2023 to 32.5 points in 2024. This increase represents a positive indicator of the effectiveness of the financial and administrative policies adopted to enhance transparency and efficiency.”

She explained that "according to the report, the largest annual gains were concentrated in three vital sectors, namely: Government efficiency: which recorded an increase of (+4.6 points), Anti-corruption: which made progress of (+4.3 points), Regulatory quality: which increased by (+4.0 points)."

She explained that “progress was not limited to administrative aspects only, but governance indicators pointed to a remarkable and comprehensive improvement in several key areas, which enhances the confidence of the international community, donors and investors in the Iraqi environment, namely: freedom of expression and accountability, political stability and absence of violence, efficiency of government performance, in addition to organizational quality, the rule of law and combating corruption.”

The report indicated that "this remarkable progress came as a result of the commitment to the economic reform program, working to automate financial procedures and strengthen the principles of e-governance, as well as continuing efforts to maintain this positive outcome in a way that serves the supreme national interest and enhances Iraq's position in international indicators." https://economy-news.net/content.php?id=64508

DINARRECAPS8 1/13/26 DINARRECAPS8 1/13/26

Seeds of Wisdom RV and Economics Updates Tuesday Morning 1-13-26

Good Morning Dinar Recaps,

Senate CLARITY Act Update: Stablecoin Rewards Get a Green Light

Washington draws a sharp line between payments incentives and bank-style yield

Good Morning Dinar Recaps,

Senate CLARITY Act Update: Stablecoin Rewards Get a Green Light

Washington draws a sharp line between payments incentives and bank-style yield

Overview

A revised draft of the U.S. Senate’s CLARITY Act would allow activity-based stablecoin rewards tied to payments, wallets, staking, and network participation — while explicitly banning interest or yield paid solely for holding stablecoins. The update aims to give crypto firms clearer rules without treating stablecoins as securities or bank deposits, a long-running point of contention between fintech, crypto firms, and traditional banking groups.

Key Developments

Activity-Based Rewards Explicitly Permitted

The amended Digital Asset Market Clarity Act makes clear that rewards linked to actual use of stablecoins are allowed. These include incentives tied to payments, transfers, remittances, and settlements, as well as benefits connected to wallets, accounts, platforms, or blockchain networks.
Crucially, the draft states that offering such rewards does not transform a stablecoin into a security or bank-like product, providing long-sought regulatory clarity for issuers and service providers.

Loyalty, Promotions, and Crypto-Native Incentives Covered

Beyond everyday payments, the exemption extends to loyalty programs, promotional incentives, subscriptions, and rebates involving stablecoins.
The draft also embraces crypto-native activity, permitting rewards associated with providing liquidity or collateral, governance participation, validation, staking, and broader ecosystem engagement — signaling congressional recognition that blockchain networks operate differently from traditional finance.

Clear Prohibition on “Passive” Stablecoin Yield

While activity-based rewards are allowed, the bill draws a firm boundary: digital asset service providers may not pay interest or yield solely for holding a payment stablecoin, regardless of whether compensation is delivered in cash, tokens, or other consideration.
This distinction directly addresses concerns from banking groups that yield-bearing stablecoins resemble deposit-taking without oversight.

Political and Industry Tensions Continue

Senate Banking Chair Tim Scott framed the revised draft as providing “clear rules of the road” for families and small businesses, emphasizing consumer protection and certainty.
However, community banks remain alarmed, arguing that reward programs could pull deposits away from local lenders, weakening credit access for small businesses and households. Crypto advocacy groups counter that stablecoins do not fund loans and that excessive restrictions would curb innovation and consumer choice.

Why It Matters

The CLARITY Act draft represents a regulatory compromise: allowing innovation in payments and blockchain ecosystems while preventing stablecoins from morphing into shadow banking products. By separating usage incentives from passive yield, lawmakers are attempting to modernize financial rules without destabilizing the existing banking system.

Why It Matters to Foreign Currency Holders

For foreign currency holders watching broader financial system reform and global reset narratives, this legislation matters because stablecoins increasingly function as cross-border payment rails. Clear U.S. rules around rewards and usage could accelerate adoption in remittances and trade settlement, indirectly influencing currency flows, liquidity, and valuation dynamics outside the dollar system.

Implications for the Global Reset

Under Global Reset Pillar One, regulated stablecoin usage strengthens alternative payment infrastructure without collapsing banks. Under Pillar Two, political pushback from community banks highlights resistance to rapid change. Together, the CLARITY Act draft points to incremental integration of crypto into the financial system, not disruption overnight.

This isn’t a green light for crypto yield — it’s Washington defining what counts as real financial activity.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

~~~~~~~~~~

BRICS De-Dollarization in 2026: A Turning Point for Global Dollar Use

Local currencies rise, payment rails multiply, and the dollar’s role quietly adjusts

Overview

BRICS de-dollarization efforts heading into 2026 are accelerating through local currency settlements and alternative payment systems, not through an abrupt rejection of the U.S. dollar. While Russia and China now settle roughly 90% of their trade in rubles and yuan, other members — notably India — are signaling restraint, emphasizing the dollar’s continued role in global stability. The result is a measured, infrastructure-driven shift rather than a dramatic currency overthrow.

Key Developments

Local Currency Trading Gains Ground

Bilateral trade among BRICS members is increasingly conducted in national currencies, reducing transaction costs and exposure to sanctions. Russian President Vladimir Putin has emphasized that this shift is pragmatic rather than ideological, noting that alternatives are pursued only when access to the dollar system is restricted.
The expansion of ruble, yuan, and other friendly currencies in settlements reflects a functional diversification, not a wholesale abandonment of the greenback.

Alternative Infrastructure Takes Shape

Instead of launching a single BRICS currency, the bloc is prioritizing interoperable payment systems. Platforms such as BRICS Pay aim to link domestic networks like Russia’s SPFS, China’s CIPS, and India’s UPI.
Meanwhile, mBridge enables near-instant cross-border settlements using central bank digital currencies, signaling how future trade may bypass traditional correspondent banking rails.

Political Pressure Influences the Pace

Former U.S. President Donald Trump has warned of potential 100% tariffs against countries aggressively pursuing de-dollarization, framing the issue as a strategic and political threat.
Brazilian President Lula da Silva responded by criticizing the use of tariffs as economic coercion, underscoring how geopolitical pressure is shaping BRICS strategy as much as economics.

India Signals Caution, Not Confrontation

India has distanced itself from rhetoric about replacing the dollar. External Affairs Minister S. Jaishankar has stressed that the dollar remains a cornerstone of global economic stability, and that BRICS lacks a unified stance on dethroning it.
This cautious approach highlights that BRICS de-dollarization is uneven and pragmatic, with each member prioritizing its own financial stability.

Why It Matters

The 2026 BRICS de-dollarization push is less about collapsing dollar dominance and more about building parallel systems. As trade increasingly flows through local currencies and new payment rails, the dollar’s exclusive centrality erodes — even if its reserve status remains intact.
This gradual shift could reshape global liquidity flows, reduce sanctions leverage, and introduce a more multipolar financial order.

Why It Matters to Foreign Currency Holders

For foreign currency holders watching potential revaluations and a broader global reset, this evolution is critical. Expanded local currency trade and alternative settlement systems increase demand for non-dollar currencies, especially those tied to commodities and regional trade hubs.
Rather than a sudden dollar collapse, the opportunity lies in incremental currency realignments as global finance diversifies.

Implications for the Global Reset

Under Global Reset Pillar One, BRICS infrastructure-building weakens single-system dependence. Under Pillar Two, political resistance and dollar stability slow any abrupt transition. Together, they point to a controlled financial rebalancing, not chaos.

This is not a dollar crash — it’s a quiet rewiring of how the world settles trade.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different: • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Dinar Recaps 20 1/13/26 Dinar Recaps 20 1/13/26

MilitiaMan and Crew: IQD News Update-Exchange Rate-Stability

MilitiaMan and Crew: IQD News Update-Exchange Rate-Stability

1-12-2026

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……..

MilitiaMan and Crew: IQD News Update-Exchange Rate-Stability

1-12-2026

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=LcUDP3_iEfE

Dinar Recaps 20 1/13/26 Dinar Recaps 20 1/13/26

FRANK26…1-12-26….TELL ME NO LIES

KTFA

Monday Night Video

FRANK26…1-12-26….TELL ME NO LIES

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

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

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

KTFA

Monday Night Video

FRANK26…1-12-26….TELL ME NO LIES

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=C0D2TXFO5j0

DINARRECAPS8 1/12/26 DINARRECAPS8 1/12/26

Seeds of Wisdom RV and Economics Updates Monday Evening 1-12-26

Good Evening Dinar Recaps

Gold Breaks Free: Shining as the Dollar Wavers

Tagline: When confidence falters, markets seek tangible certainty — and gold answers the call.

Good Evening Dinar Recaps

Gold Breaks Free: Shining as the Dollar Wavers

Tagline: When confidence falters, markets seek tangible certainty — and gold answers the call.

Overview

Gold prices surged to record levels as uncertainty hit currency markets.
The U.S. dollar weakened sharply amid political stress on the Federal Reserve.
Investors rotated toward safe-haven assets like precious metals.
Market dynamics signaled broader risk re-pricing across global finance.

Key Developments

Gold climbs as investors seek stability
Gold hit multi-year highs as traders shifted capital into assets perceived as reliable stores of value — especially amid eroding confidence in monetary institutions.

Dollar slides on rising political and policy risk
The U.S. dollar weakened across major currency pairs after political events shook investor trust in the Federal Reserve’s independence, prompting currency repositioning.

Safe havens benefit from risk aversion
Precious metals and other non-currency stores of value outperformed as the market’s risk appetite contracted sharply, reflecting hedging behavior.

Market indicators confirm shift in sentiment
Volatility metrics and FX flows suggested a broad repricing of risk — with traditional “risk on” assets losing ground while havens gained traction.

Why It Matters

Gold’s ascent amid a weakening dollar underscores how confidence lapses in monetary leadership can ripple into real asset markets. When central banks appear vulnerable to political pressure, capital seeks alternatives that are less subject to policy uncertainty.

Why It Matters to Foreign Currency Holders

For holders of foreign currency, this shift suggests broader repricing dynamics: weak confidence in dominant monetary institutions can strengthen the calculus for diversifying into real assets and currency alternatives — key themes tied to reset considerations.

Implications for the Global Reset

Pillar 1: Hard Assets Regain Strategic Relevance
As monetary credibility wavers, gold and similar assets reclaim strategic importance — potentially reshaping reserve allocations and weakening the monopoly of fiat anchors.

Pillar 2: Monetary Uncertainty Drives Structural Rebalancing
A sustained move into tangible stores of value may accelerate trends toward financial decentralization and monetary plurality, both core elements in reset scenarios.

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

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Make-or-Break Moment: Investors Confront a Fed Crisis

When faith in the referee wavers, markets start rewriting the rules.

Overview

Investors are increasingly alarmed by the escalating conflict surrounding the Federal Reserve.
Concerns center on whether political pressure could alter monetary policy outcomes.
Market volatility reflects growing uncertainty about future rate decisions.
Global investors are reassessing exposure to U.S. assets and the dollar.

Key Developments

Investors warn of a pivotal credibility test for the Fed
Market participants describe the current standoff as a “make-or-break” moment for the Federal Reserve, with long-term consequences for policy credibility and investor trust.

Uncertainty clouds future interest-rate expectations
The conflict has complicated expectations around rate cuts or tightening, as investors question whether economic data or political influence will guide future decisions.

Market volatility signals unease
Equities, bonds, and currency markets have all shown signs of stress, reflecting concern that monetary stability may be compromised during a politically charged period.

Global investors reassess U.S. financial leadership
International asset managers are increasingly focused on whether the U.S. can maintain institutional stability — a critical factor in global capital allocation.

Why It Matters

Investor confidence relies on predictable, rules-based monetary policy. When the Federal Reserve’s independence is questioned, uncertainty spreads beyond U.S. markets, affecting global liquidity, capital flows, and financial stability.

Why It Matters to Foreign Currency Holders

Foreign currency holders anticipating gains from a Global Reset closely watch moments like this. A weakening perception of Fed authority strengthens the narrative for currency realignment, diversification, and revaluation as confidence shifts away from traditional monetary anchors.

Implications for the Global Reset

Pillar 1: Confidence as the True Reserve Asset
The dollar’s dominance depends less on size and more on trust. A credibility crisis at the Fed challenges that foundation and accelerates discussions around alternative systems.

Pillar 2: Market Stress as a Catalyst for Change
Periods of institutional strain often precede structural reform — making investor anxiety a potential trigger rather than a byproduct of reset dynamics.

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

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

DINARRECAPS8 1/12/26 DINARRECAPS8 1/12/26

Why The Biggest “Threat To Democracy” Is The US National Debt

Notes From the Field By James Hickman (Simon Black) January 12 2026

On September 1, 1575, a royal courier from King Philip II of Spain arrived to the banking house of Niccolò de Grimaldi in Genoa. The Grimaldi bank had loaned Philip quite a sum of money, and the Italian bankers already knew that the king’s finances were on shaky ground. So when they opened the royal letter, it probably wasn’t much of a surprise: King Philip II of Spain was suspending all debt payments. Effective immediately.

Amazingly, this was Philip’s third bankruptcy in less than two decades—he’d already defaulted in 1557 and 1560.

Why The Biggest “Threat To Democracy” Is The US National Debt

Notes From the Field By James Hickman (Simon Black) January 12 2026

Amazingly, this was Philip’s third bankruptcy in less than two decades—he’d already defaulted in 1557 and 1560.

Bear in mind that Spain wasn’t some struggling backwater in the 1500s; this was the richest nation on Earth.

Spanish galleons transported 180 tonnes of silver annually from the Americas. The empire spanned four continents. Its army was Europe’s most feared military force.

Yet the King couldn’t pay his bills.

Philip’s treasury officials knew exactly what needed to be done: cut spending on endless wars, reform the tax system, reduce royal court expenses, stop borrowing at rates up to 40%.

But all of that was politically impossible. There were too many entrenched interests. Spain’s nobility controlled parliament, so naturally they refused to pass any new taxes (as they would be the ones paying!)

The Church owned vast estates and wielded enormous influence… so touching Church revenues was out of the question.

Military spending was non-negotiable— there were simply too many foreign powers threatening the empire, not to mention war in the Netherlands, skirmishes with the Ottomans, brewing conflict with England.

Every constituency had a reason why their particular spending was essential. Every reform threatened someone’s interests. So nothing changed.

They could have made reforms voluntarily. But it was easier to simply keep borrowing and make the problem worse every year.

Thing is, this approach of kicking the can down the road only lasts for so long… because, sooner or later, the creditors stop lending more money.

Why would they? Why would Italy’s Grimaldi bank keep sending money to Philip knowing that he would not pay them? No lender wants to sink money into a financial black hole.

What often happens in these situations is that foreign creditors do come back to the table. But not as bankers or lenders or bond investors.

No. Once a nation defaults (or is on the brink of default), creditors come back when they can essentially take control of the government… when they can oversee and approve expenses, tax revenues, and even legislation.

We’ve seen this multiple times even in the 21st century. In the aftermath of the 2008 Global Financial Crisis, many European nations (like Greece) were forced into ‘austerity’ programs whereby their domestic economic agenda was dictated by foreign creditors.

In 2022, the British Prime Minister was forced to resign because the bond market didn’t like her tax plan.

All of this ultimately constitutes a loss of sovereignty.

The same thing happened to Spain in the 1500s; suddenly Italian bankers had veto power over Spanish military campaigns… meaning that Philip was a king in name only, and the Spanish Empire ultimately became a subsidiary of the banks.

Within 100 years, Spain had gone from dominant superpower to a weak, second-tier player—economically exhausted and militarily overextended.

Spain had everything needed to remain a great power: vast resources, global trade networks, military strength, and smart administrators who understood what needed to be done.

What it lacked was the political will to make changes before a crisis forced those choices upon them, in a way entirely outside their control.

A similar trend is taking place in America today… though, again, it’s not too late.

Treasury Secretary Scott Bessent recently stated that he believes up to 10%—roughly $600 billion—of the US government budget is fraud. Not waste. Not inefficiency. Fraud of the sort that recently came to light in Minnesota.

And that’s not even counting the ‘legitimate graft’—the type we wrote about last week in California, where Gavin Newsom has given away nearly $100 billion to pointless Leftist initiatives.

The US still has absurdly strong economic potential. The key to reining in this future debt crisis is to cut spending, i.e. freeze the budget in place and spend the same amount of money more wisely. Stop the bleeding.

On top of that, take a hatchet to America’s bureaucratic regulatory maze. If 10% of the US budget is fraud, I’d expect at least 25% (and probably much more) of the United States Code of Federal Regulations is outright destructive.

Those two things would boost real economic growth, generate more tax revenue, substantially reduce the deficit, and bring inflation under control.

There are many paths forward, and a number of creative ways to make this happen. The problem is time. The window is still open. America still has agency over how this plays out.

But actually doing it requires political will that has been absent for decades.

And that’s the point. Staying on this trajectory—the one they’ve been on for years—is a guaranteed problem.

There are signs that some powerful people want off this ride. The fact that Bessent is even talking about $600 billion in fraud publicly is notable.

But if that doesn’t translate into action—it ultimately comes down to Congress finding the will and the courage to freeze spending… or voters becoming smart enough to elect representatives who will get the job done.

We’ve been hearing over and over again for the past several years about various ‘threats to democracy’. The legacy media seems to always be howling that some politician or some legislation is a threat to democracy.

Realistically, the biggest threat to American democracy is actually the US national debt.

Because if voters don’t wake up and demand that their Congressional representatives fix this problem, then sooner or later the bond market is going to be calling the shots— tax policy, defense spending, Social Security— voters’ wishes be damned.

And that’s about as far from ‘democracy’ as it gets.

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

https://www.schiffsovereign.com/trends/why-the-biggest-threat-to-democracy-is-the-us-national-debt-154120/?inf_contact_key=766f14b20d3a8592e30fd763f3a8c638861a5a2ad116154286d146aa06e73020

Dinar Recaps 20 1/12/26 Dinar Recaps 20 1/12/26

Echo X: The New Banking Rule No One is Talking About

Echo X: The New Banking Rule No One is Talking About

1-12-2026

The New Banking Rule No One Is Talking About: Basel III Endgame

I actually liked how Asian Guy broke down Basel III Endgame, because even though this rule officially went live on January 1st, most people still have no idea how big this is, especially for silver.

Here’s the part that matters:

Echo X: The New Banking Rule No One is Talking About

1-12-2026

Here’s the part that matters:

Basel III Endgame forces banks to treat precious metals differently on their balance sheets. Paper games, leverage tricks, and synthetic exposure don’t cut it anymore. Physical metal matters. Risk matters. Capital requirements matter.

That’s why:
Banks that were short silver for years quietly repositioned
Shorts were covered
Long positions started appearing
And physical silver began trading at higher premiums globally than what you see on COMEX

This also explains why:
Other countries are selling silver above COMEX prices
Physical demand keeps draining inventories
And the paper price keeps looking “off” compared to reality

Basel III Endgame didn’t cause silver to rise overnight.
It removed the ability to suppress it indefinitely.

We’re watching a slow-motion repricing where:
Paper silver ≠ physical silver
Balance sheets are being cleaned up
And the real value of scarce, tangible assets is being rediscovered

This isn’t hype.
This is plumbing-level change in the banking system.

And once the market fully wakes up to that?
Silver won’t be asking for permission anymore.

Know What You Hold!!!!

https://twitter.com/i/status/2010422973484749304

Source(s): https://x.com/echodatruth/status/2010422973484749304

https://dinarchronicles.com/2026/01/12/echo-x-the-new-banking-rule-no-one-is-talking-about/