Ross: Now it all Makes Sense
Ross: Now it all Makes Sense
5-10-2026
It hit me like a ton of bricks today…
Now it all makes sense!
How can President Trump create a true Level Playing Field to Tokenize Everything when crypto adoption, the AI boom, and the Global Currency Reset itself are all at risk — if one country can flip a switch and hold the world economy hostage?
Ross: Now it all Makes Sense
5-10-2026
It hit me like a ton of bricks today…
Now it all makes sense!
How can President Trump create a true Level Playing Field to Tokenize Everything when crypto adoption, the AI boom, and the Global Currency Reset itself are all at risk — if one country can flip a switch and hold the world economy hostage?
President Trump is exposing global economic vulnerabilities and shoring them up before it’s too late — confronting Iran head-on, forcing new routes, satellite backups, onshoring chips, and diversified supply chains. He’s creating a true Level Playing Field.
• Iran threatens 20% of global oil in the Strait of Hormuz.
• Iran threatens the undersea internet cables, the backbone for banking, cloud computing, and massive data flows across Europe, Asia, and the Middle East.
We’re only 2 steps in on this exposé of global economic vulnerabilities.
• China has the capability to threaten 90% of the world’s advanced semiconductors in the Taiwan Strait.
Semiconductor stocks have already skyrocketed over 50% this year as AI demand explodes.
China could play the exact same game as Iran — what do you think will happen to the stock market if they flip the switch and drag everything down?
• The reverse carry trade unwind is the real problem — it threatens to rip trillions in leveraged bets out of financial markets and turn every one of these geographic chokepoints into a cascading global meltdown.
Do you see where this is going? Any country can do exactly what Iran is doing. The precedent is set.
Even as China and Russia quietly coordinate with Trump on the larger plan he launched during his first-term Capitulation Tour, their public threats are exposing these chokepoints so the old system can finally be dismantled.
• China has the capability to threaten the planet’s busiest shipping lane in the Strait of Malacca.
• Iranian proxies threaten 12% of global trade and even more undersea cables in the Red Sea.
• Russia has the capability to threaten Arctic shipping routes and European energy chokepoints.
• China threatens control over rare earths and critical minerals for EVs, turbines, chips, and high-tech everything — but watch as massive new deposits are discovered around the world in the coming months and years.
These chokepoints were always fragile. Conflicts and market shocks are just exposing how vulnerable the entire system truly is.
Crypto and AI are about to explode. One major disruption could derail the whole boom.
Global Currency Reset prerequisites: resetting the global order on trade and sovereignty, bursting the reverse carry trade’s fantasy land of fake money, and building a real foundation for the future.
People still question President Trump’s every move — as if he isn’t playing 5D chess to bring about the reset.
Now do you see why what is happening is happening?
All eyes on the summit in China, May 14-15.
What happens next with Iran will give us a clue to how all of this unfolds.
What do you think President Trump’s next move is — and why?
Source(s):
• https://x.com/Ross_ptm/status/2053233297933885501
https://dinarchronicles.com/2026/05/10/ross-now-it-all-makes-sense/
Buffett Warns of US Dollar Collapse, Bankruptcy Filing up 42%, Burry Says like 99-2000
Buffett Warns of US Dollar Collapse, Bankruptcy Filing up 42%, Burry Says like 99-2000
And We Know: 5-10-2026
The global financial landscape feels increasingly dynamic, with headlines shifting daily and economic indicators sending mixed signals. Recently, a compelling discussion from “And We Know Official” delved deep into these complexities, offering valuable insights into current economic conditions, market projections, and strategies for safeguarding wealth. Let’s unpack some of the key takeaways from their insightful conversation.
The video opens by referencing a figure well-known for his prescience: Michael Burry, famously portrayed in “The Big Short” for foreseeing the 2008 housing crisis.
Buffett Warns of US Dollar Collapse, Bankruptcy Filing up 42%, Burry Says like 99-2000
And We Know: 5-10-2026
The global financial landscape feels increasingly dynamic, with headlines shifting daily and economic indicators sending mixed signals. Recently, a compelling discussion from “And We Know Official” delved deep into these complexities, offering valuable insights into current economic conditions, market projections, and strategies for safeguarding wealth. Let’s unpack some of the key takeaways from their insightful conversation.
The video opens by referencing a figure well-known for his prescience: Michael Burry, famously portrayed in “The Big Short” for foreseeing the 2008 housing crisis.
Burry is now sounding the alarm again, projecting a significant stock market correction akin to the dot-com bubble burst of 1999-2000.
This perspective is echoed in a fascinating analogy from none other than Warren Buffett, who reportedly likened the stock market to “a church with a casino attached.” This imagery powerfully captures the current market environment, where speculative, gambling-like behavior often overshadows fundamental investing principles.
Adding to this concern is a noticeable disconnect within economic data. While we might see positive employment figures, there’s an alarming counter-trend: a 42% surge in Chapter 11 bankruptcies, particularly impacting small businesses.
This stark contrast suggests an underlying economic fragility that isn’t always apparent on the surface. The discussion highlights how central bank policies and significant money printing might be artificially propping up markets, creating conditions that, by their nature, cannot be sustained indefinitely.
Amid this backdrop of uncertainty, the speakers advocate for a prudent approach to wealth protection, specifically emphasizing the role of precious metals.
Silver, in particular, is highlighted due to its limited supply and increasing demand, especially as the world explores new monetary systems, including cryptocurrencies and central bank digital currencies (CBDCs). The recent upward movement in silver prices is seen by some as a growing recognition of its enduring value as a hedge against potential economic turbulence and inflation.
Beyond market dynamics, the conversation also touched upon significant geopolitical factors. The conflict in Iran, for instance, is identified as a critical element impacting global oil prices and supply chains. However, there’s an optimistic outlook presented, suggesting that potential diplomatic solutions, possibly led by figures like Donald Trump, could stabilize these issues.
Should such resolutions materialize, it could lead to an easing of inflationary pressures, a potential lowering of interest rates, and further appreciation for precious metals—benefiting those who have strategically positioned their portfolios.
The discussion concludes on a hopeful and reflective note, drawing inspiration from Jeremiah 29:11: “For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future.” This powerful message underscores the importance of faith and resilience during challenging times.
The hosts encourage viewers to approach the current economic climate with wisdom and discernment. For many, investing in precious metals is viewed not just as a financial strategy, but as a practical step to protect wealth and secure a foundation during this period of transition.
For a deeper dive into these critical insights and further information, be sure to watch the full video from And We Know Official. Understanding these dynamics is key to making informed decisions for your financial future.
"Why Silver Will Hit $50,000 – Ray Dalio’s Final Debt Cycle Stage Has Started"
"Why Silver Will Hit $50,000 – Ray Dalio’s Final Debt Cycle Stage Has Started"
Macro Investing Secrets: 5-9-2026
This is not a normal phase for silver—and it is not something most investors are prepared for.
What you are witnessing right now is not a short-term move or a reaction to headlines. It is the early stage of a structural transition inside the global monetary system. A transition driven by rising debt, tightening liquidity, and a growing dependency on intervention that is becoming harder to sustain.
"Why Silver Will Hit $50,000 – Ray Dalio’s Final Debt Cycle Stage Has Started"
Macro Investing Secrets: 5-9-2026
This is not a normal phase for silver—and it is not something most investors are prepared for.
What you are witnessing right now is not a short-term move or a reaction to headlines. It is the early stage of a structural transition inside the global monetary system. A transition driven by rising debt, tightening liquidity, and a growing dependency on intervention that is becoming harder to sustain.
For years, silver has been treated as secondary—volatile, inconsistent, and easy to ignore. But that perception was built during a period of artificial stability. A period supported by expanding credit, suppressed interest rates, and continuous liquidity injections.
That environment is now changing. We are entering the tension phase of the long-term debt cycle—a phase where confidence becomes the most important variable in the system. And once confidence begins to shift, capital does not wait for confirmation. It moves. This is where silver becomes critical.
Silver is not just an industrial metal. It carries a dual identity:
• Industrial demand driven by electrification, energy systems, and modern technology
• Monetary characteristics that re-emerge when trust in currency weakens
That combination makes silver uniquely sensitive to structural change. As liquidity behavior begins to shift, capital starts rotating—slowly at first, then with increasing urgency. And because the silver market is relatively small compared to global capital flows, even modest reallocation can create disproportionate price movement.
This is how repricing begins. Not with headlines. Not with consensus. But with quiet shifts in positioning that accelerate once recognition spreads.
Ray Dalio’s long-term debt cycle framework helps explain this clearly. Late-stage systems do not collapse instantly. They compress under pressure.
Debt expands beyond sustainable levels. Policy becomes constrained. And intervention begins to lose effectiveness. When that happens, the question changes. Investors stop asking: “How much can I make?” And start asking: “What will preserve value if the system itself is under strain?”
That is the turning point. And that is where silver transitions—from overlooked commodity to strategic monetary asset.
This video breaks down:
• Why liquidity behavior is the real signal—not price
• How capital rotation begins in stressed monetary systems
• Why silver reacts disproportionately compared to larger markets
• How supply constraints amplify financial demand
• What happens when confidence shifts from paper assets to tangible value
Most investors will wait for clarity. But clarity comes late. By the time the narrative becomes obvious, positioning advantage is already gone—and the move is already underway.
This is not about prediction. This is about recognizing structure before it becomes visible to the majority. Because in late-stage monetary transitions, opportunity does not disappear slowly. It compresses.
Iraq Economic News and Points To Ponder Sunday Afternoon 5-10-26
Usd/Iqd Exchange Rates Rise In Baghdad And Erbil
2026-05-10 Shafaq News- Baghdad/ Erbil The US dollar opened Sunday’s trading higher in Iraq, hovering around 154,000 dinars per 100 dollars.
According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,500 dinars per 100 dollars, down from the previous session’s 153,150 dinars.
Usd/Iqd Exchange Rates Rise In Baghdad And Erbil
2026-05-10 Shafaq News- Baghdad/ Erbil The US dollar opened Sunday’s trading higher in Iraq, hovering around 154,000 dinars per 100 dollars.
According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,500 dinars per 100 dollars, down from the previous session’s 153,150 dinars.
In the Iraqi capital, exchange shops sold the dollar at 154,000 dinars and bought it at 153,000 dinars, while in Erbil, selling prices stood at 153,100 dinars and buying prices at 153,100 dinars.
https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-rise-in-Baghdad-and-Erbil-6
Gold Prices Tick Up In Baghdad And Erbil
2026-05-10 Shafaq News- Baghdad/ Erbil On Sunday, gold prices hovered around 1.02 million IQD per mithqal 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 1.017 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.013 million IQD. The same gold had sold for 1.014 million IQD on Saturday.
The selling price for 21-carat Iraqi gold stood at 987,000 IQD, while the buying price reached 983,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.020 million and 1.030 million IQD, while Iraqi gold sold for between 990,000 and one million IQD.
In Erbil, 22-carat gold was sold at 1.056 million IQD per mithqal, 21-carat gold at 1.008 million IQD, and 18-carat gold at 864,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-tick-up-in-Baghdad-and-Erbil-6
Dollar Closes Higher In Baghdad And Erbil
2026-05-10 Shafaq News- Baghdad/ Erbil The US dollar closed higher against the Iraqi dinar in Baghdad and Erbil on Sunday, rising by 450 dinars in Baghdad’s main exchanges during the day’s trading.
According to Shafaq News market survey, exchange rates at Baghdad’s Al-Kifah and Al-Harithiya central stock exchanges settled at 153,950 dinars per $100, compared with 153,500 dinars earlier in the day. Selling prices at local exchange shops in Baghdad reached 154,500 dinars per $100, while buying prices stood at 153,500 dinars.
In Erbil, the dollar also posted gains, with selling prices reaching 153,600 dinars per $100 and buying prices at 153,500 dinars.
https://www.shafaq.com/en/Economy/Dollar-closes-higher-in-Baghdad-and-Erbil-1
ISX Trades $17M+ In April Activity
2026-05-10 Shafaq News- Baghdad The Iraq Stock Exchange (ISX) recorded more than 27.4 billion Iraqi dinars in trading value over April —roughly $17.8 million.
According to market data, more than 48.6 billion shares were traded during the month across 20 regular trading sessions.
The ISX60 index closed the month at 983.02 points, marking a 1.9% increase compared with the previous session.
Throughout the month, the exchange executed around 23,490 sale and purchase contracts across listed companies. During the period, 82 companies out of 118 listed firms recorded actual trading activity.
https://www.shafaq.com/en/Economy/ISX-trades-17M-in-April-activity
EIA: Iraq’s Oil Exports To US Fall Over The Week
2026-05-10 Shafaq News- Baghdad/ Washington Iraq’s crude oil exports to the United States dropped 119,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed on Sunday.
Iraqi shipments averaged 76,000 bpd last week, 61% less than the previous week’s average of 195,000 bpd.
Total US crude imports from nine major suppliers fell 170,000 bpd from 5.066 million bpd the previous week.
Canada remained the top supplier at 3.268 million bpd, followed by Venezuela with 400,000 bpd, Colombia with 348,000 bpd, Saudi Arabia with 332,000 bpd, and Mexico with 327,000 bpd.
Imports also included Ecuador at 165,000 bpd, Nigeria at 93,000 bpd, and Brazil at 27,000 bpd. No oil was imported from Libya this week. https://www.shafaq.com/en/Economy/EIA-Iraq-s-oil-exports-to-US-fall-over-the-week-9
Opinion: Nechirvan Barzani Walks Through Baghdad’s Political Minefield
2026-05-10 Shafaq News By Ali Hussein Feyli Crises in politics are not always resolved through force or shifting balances of power, but often begin when rivals cease viewing one another as enemies to be excluded and instead recognize the possibility of understanding, opening a path that the language of conflict itself could never reach.
In this context, the recent meetings held on May 4 and 5 by Kurdistan Region President Nechirvan Barzani can be seen as an effort to reshape relations between Baghdad and Erbil, reflecting not merely diplomatic engagement but a broader attempt to move from zero-sum confrontation toward practical consensus at a time of mounting financial pressures, rising populism, and shrinking public space in both the Region and the Iraqi capital, with the initiative signaling a search for realistic solutions to long-standing disputes away from the easy rhetoric of escalation.
For years, a conviction prevailed among some political actors that Baghdad responds only to the pressure of power balances. Such a reading is rooted in historical experiences where the logic of force often prevailed over the rule of law, yet major transformations, particularly during critical periods, are frequently shaped in the space between public emotion and political rationality. While the former mobilizes the street, the latter remains more capable of protecting the state and ensuring its continuity.
From this perspective, the Kurdistan Region Presidency’s adoption of a calm institutional discourse appears to represent an attempt to shift from emotional demands toward a realistic management of constitutional rights.
This transformation is not without challenges, particularly in a political environment accustomed to sharp rhetoric, where de-escalation may be perceived as retreat or weakness, even though it may in fact reflect a more pragmatic reading of the balance of power. Such pragmatism is especially urgent for a people like the Kurds, who have spent more than a century caught in cycles of war, identity struggles, and the search for guarantees.
Historical experiences offer important examples in this regard. The path of Nelson Mandela in South Africa demonstrated that preserving stability may require moving beyond the language of revenge in favor of coexistence. In modern Kurdish history, the general amnesty declared after the 1991 uprising against Saddam Hussein’s Baath regime stands out as one of the clearest examples of overcoming political hatred.
The decision taken by the leadership of the Kurdistan Front –a coalition of Kurdish parties established in 1987-1988 in Iraq– led by the late Jalal Talabani and Masoud Barzani, was not merely an administrative measure, but a historic turning point that helped prevent a wide cycle of retaliation and made tolerance the foundation for building a new political entity rather than turning memory into fuel for endless conflict.
Today, Nechirvan Barzani represents, within this equation, a model of measured diplomacy. Rather than appearing through the language of threats and elevated nationalist slogans, he opts for the language of shared interests, constitutional frameworks, and gradual understandings.
Although this model faces considerable obstacles within Kurdistan due to the weight of a bloody history and the growing influence of populism, it is natural that part of Kurdish society may view such diplomatic language as a form of retreat or inadequacy.
Read more: Beyond the Chaos: Nechirvan Barzani is redefining Kurdish diplomacy
Yet amid the rubble of missed opportunities, Nechirvan Barzani remains, in his characteristic manner, focused on conveying an important message to the younger generation: the most difficult test is not always fighting wars, but building peace and preventing collapse.
History rarely lingers on those who hurled the greatest number of insults at their opponents, but rather on those who succeeded in extracting peace from the heart of hostility. What Nechirvan Barzani is doing in Baghdad and regional capitals resembles the work of an architect building in a minefield, preoccupied with preserving a political entity called the Kurdistan Region. Such an undertaking requires a kind of courage unafraid of being accused of weakness.
Despite the rise of extremism and emotional politics, the course of history appears to be moving toward the model championed by Nechirvan Barzani and those who share this approach: a transition from the equation of imposing one’s will toward strategic integration, in a way that could make the Kurdistan Region a more stable entity within Iraq amid an ongoing struggle shaped by questions of existence and identity. Read more: Nechirvan Barzani: A quiet architect of Kurdish statecraft
This article was originally written in Arabic.
Is Gold Becoming System Collateral?
Is Gold Becoming System Collateral?
Swiss America's Gold News Weekly 5-6-26
Gold last traded at $4,688 an ounce. Silver at $77.45 an ounce.
EDITOR'S NOTE: As we have mentioned often lately in this space, there is a deep structural shift occurring in the global financial system. Confidence in fiat currencies - especially the U.S. dollar - is waning, central banks are rapidly accumulating gold as a neutral reserve asset, and de-dollarization is further accelerating.
At the same time, silver appears to be following gold into a powerful bull cycle, with technical setups indicating a breakout to new all-time highs beyond $121 as part of a longer-term uptrend fueled by tight supply and strong demand.
Is Gold Becoming System Collateral?
Swiss America's Gold News Weekly 5-6-26
Gold last traded at $4,688 an ounce. Silver at $77.45 an ounce.
EDITOR'S NOTE: As we have mentioned often lately in this space, there is a deep structural shift occurring in the global financial system. Confidence in fiat currencies - especially the U.S. dollar - is waning, central banks are rapidly accumulating gold as a neutral reserve asset, and de-dollarization is further accelerating.
At the same time, silver appears to be following gold into a powerful bull cycle, with technical setups indicating a breakout to new all-time highs beyond $121 as part of a longer-term uptrend fueled by tight supply and strong demand.
With gold evolving into "system collateral", the message is clear: the global economy is transitioning toward a more fragmented, less dollar-centric system, where precious metals play a foundational role. https://www.swissamerica.com/
Gold To Hit $8,000 on the Back of De-Dollarization, Says Deutsche Bank
Vinod Dsouza May 2, 2026
Gold prices are hovering around the $4,500 level, and Deutsche Bank predicts the XAU/USD index could breach $8,000 over de-dollarization. The bank wrote in a note to clients that emerging economies are increasingly diversifying their central bank reserves by sidelining the US dollar by procuring gold. This is a cause of concern as the trend is growing and could change the global financial landscape.
Deutsche Bank added that developing countries added over 225 million troy ounces of gold since 2008, highlighting that de-dollarization will push the XAU/USD prices up in the charts. Countries such as China, Russia, India, Poland, and Turkey remain the biggest buyers of gold. This adds a layer of financial safety net to protect their economies from being vulnerable to sanctions.
In addition, Saudi Arabia, Qatar, the United Arab Emirates, Egypt, and Kazakhstan are not too far behind in accumulation. Countries in Eastern Europe and the Middle East are significantly increasing their gold reserves as de-dollarization expands, Deutsche Bank emphasized. The accumulation rose dramatically after the US imposed sanctions on Russia in February 2022 for invading Ukraine.
Also Read: UAE Leaving OPEC Hits Oil Prices as Global Supply Strains Grow
Deutsche Bank Predicts Gold Price Above $8,000 Over De-Dollarization
Developing countries are now buying more gold than the Western bloc combined. The rising allocation of the precious metal is making de-dollarization advance at a rapid pace. In the next five years, the allocation would increase further, leading to a strain on the US dollar’s prospects. Even the US economy could be affected if the dollar’s role in the central bank is reduced.
The future of de-dollarization will depend on how high the gold spending would reach, wrote Deutsche Bank. If central banks begin to target 40% of their reserves in gold, then the US dollar would fall on the path of decline. There is growing mistrust of the US dollar lately due to Trump’s previous trade wars and tariffs. Add to that the imposing of sanctions was already a concern for developing nations. https://watcher.guru/news/gold-to-hit-8000-on-the-back-of-de-dollarization
More Iraq News Posted by Tishwash at TNT 5-10-2026
TNT:
Tishwash: The Secretary-General of Parliament: The date for the vote on the cabinet will be set for next Monday or Tuesday.
The Secretary-General of the House of Representatives, Safwan Al-Jarjari, announced that the date for the vote on the cabinet has not yet been decided, indicating that the final decision is pending the presidency of the council, with the likelihood of it being held on Monday or Tuesday of next week.
TNT:
Tishwash: The Secretary-General of Parliament: The date for the vote on the cabinet will be set for next Monday or Tuesday.
The Secretary-General of the House of Representatives, Safwan Al-Jarjari, announced that the date for the vote on the cabinet has not yet been decided, indicating that the final decision is pending the presidency of the council, with the likelihood of it being held on Monday or Tuesday of next week.
Al-Jarjari said in a press statement that: “The House of Representatives has completed all preparations for holding the session to vote on the cabinet,” indicating that “it has been customary in previous government voting sessions to send invitations to political and diplomatic leaders, and things will become clearer tomorrow.”
He added that "tomorrow will see the start of sending invitations to the political leaders, the coordinating framework and the political council," stressing that "we are waiting for the Speaker of Parliament to set a date for the session, whether it will be on Monday or Tuesday." link
Tishwash: The cabinet is nearing completion, and parliament is preparing for a vote this week.
Members of the House of Representatives confirmed on Sunday that the new cabinet is almost complete, while they indicated that discussions are continuing regarding some sovereign ministries in preparation for holding a voting session during this week.
Members of the House of Representatives said in a press statement followed by Al-Furat News that approximately 80 percent of the government formation has been completed, with a trend towards passing 50 percent plus one of the ministries, with the remaining ministerial portfolios to be completed at a later time.
They added that discussions are still ongoing regarding a number of sovereign ministries, most notably the Interior, Oil and Foreign Affairs ministries, in addition to dialogues related to restructuring some portfolios and creating a state ministry.
They indicated that the vote on the new government is expected to take place this week, without specifying an official date yet.
They indicated that there are parliamentary observations that will be raised during the discussion of the government program before proceeding with the voting process. link
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Tishwash: Bin Salman congratulates Al-Zaidi: We look forward to working with you to strengthen relations.
Saudi Crown Prince Mohammed bin Salman sent a congratulatory telegram on Saturday (May 9, 2026) to Ali al-Zaidi on the occasion of his appointment as head of the Iraqi government. In his telegram, bin Salman expressed his wishes for al-Zaidi to succeed in serving Iraq and its people, stressing his aspiration to work together to strengthen bilateral relations between Riyadh and Baghdad and enhance cooperation at various levels.
The Saudi Press Agency reported in a statement followed by Network 964 that “His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a congratulatory telegram to His Excellency Mr. Ali Faleh Kazem Al-Zaidi on the occasion of his appointment as Prime Minister of the Republic of Iraq.”
She continued, “His Highness the Crown Prince said, ‘On the occasion of your appointment as Prime Minister of the Republic of Iraq, we are pleased to express to Your Excellency our sincere congratulations and best wishes for success and prosperity. We ask God Almighty to grant you success in serving Iraq and its brotherly people. We look forward to working with Your Excellency to strengthen the bonds of brotherly relations between our two countries and peoples, and to enhance them in all fields. We wish Your Excellency continued health and happiness, and the brotherly people of the Republic of Iraq further progress and prosperity.’”
On Saturday (May 2, 2029), Prime Minister-designate Ali al-Zidi received a phone call from Turkish President Recep Tayyip Erdogan, congratulating him on his official appointment to form the new government.
He also received a call from US President Donald Trump on Thursday (April 30, 2026), during which he congratulated him on being officially tasked with forming the new government, and extended an official invitation for him to visit Washington after the government is formed.
On Saturday (May 2, 2026), Al-Zidi received another call from the Emir of Qatar, Tamim bin Hamad Al Thani, congratulating him on his official appointment to form the new government. Al-Zidi also received an invitation from Al Thani to visit Qatar after the formation of the new government. link
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Tishwash: Bloomberg: Aramco and ADNOC successfully transported oil shipments through the Strait of Hormuz
Bloomberg reported that Saudi Aramco and the UAE's ADNOC were able to smuggle oil shipments through the Strait of Hormuz using methods of concealment .
This comes amid increasing turmoil in the strait since tensions between the United States and Iran erupted in late February, raising risks to maritime traffic link
Tishwash: Al-Zidi and Al-Kadhimi discuss the political situation and the formation of the next government.
The Iraqi Prime Minister-designate, Ali Faleh al-Zaidi, met today, Saturday, with former Prime Minister Mustafa al-Kadhimi.
During the meeting, the overall situation in the country was discussed, and a number of issues related to Iraq’s interests were discussed, in addition to emphasizing the importance of coordination and cooperation between political forces in order to form a comprehensive national government capable of facing various challenges, meeting the requirements of the current stage, and enhancing stability and serving the aspirations of citizens throughout the country.
Both sides stressed the need to unify efforts and support the path of national solutions in order to ensure the stability of the political and economic situation in Iraq link
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Tishwash: Eco Iraq Observatory: 70% of the government curriculum is copied from the “White Paper”
The Eco Iraq Observatory announced on Friday that more than 70% of the axes of the government’s economic program for the prime minister-designate are based on ideas and contents contained in the “White Paper” for economic reform presented by the previous government in 2020.
The observatory stated in a statement received by “Roj News” that “many paragraphs of the government’s economic program are directly inspired by the contents of the White Paper that was presented during the time of former Prime Minister Mustafa Al-Kadhimi.”
He added that “the similarity is not limited to general titles, but includes similar terms and themes such as (digital transformation, electronic signature, support for the private sector, reform of the banking sector, and smart networks).”
The observatory noted that “the government program did not provide clear mechanisms to address the rentier economy or reduce the bloated public sector, which constitutes an increasing burden on the general budget, nor did it address in detail the tools for addressing the financial deficit or how to confront the shocks associated with fluctuations in oil prices and the decline in exports.” link
News, Rumors and Opinions Sunday 5-10-2026
Ariel: Banks are Preparing for this Transition
5-8-2026
Jerome Powell’s term as Federal Reserve Chair is set to end around then (with a nominee like Kevin Warsh potentially stepping in.
Banks are preparing for this transition under an entire different financial system. Which is why you all should continue to inquire about the currency revaluation because it is based on the gold standard.
Ariel: Banks are Preparing for this Transition
5-8-2026
Jerome Powell’s term as Federal Reserve Chair is set to end around then (with a nominee like Kevin Warsh potentially stepping in.
Banks are preparing for this transition under an entire different financial system. Which is why you all should continue to inquire about the currency revaluation because it is based on the gold standard.
You do not have to show your hand too early by telling Banks you are looking to exchange your IQD. Start with general questions to see if they are even preparing for this transition.
And if they are tell them you want them business only if they are willing to look into the new currency Forex listing that countries like Venezuela is gearing up for to support their national currency and you think Iraq is doing the same because of their gold policy shifts. No bank will escape this transition.
Renee:Gold quietly hits record highs. Then suddenly Wall Street starts pushing $6,000 targets. Right before May 15. Central banks are stockpiling gold. The biggest wealth transfer in history doesn’t happen with warnings. It happens while the masses are distracted.
A gold nugget from our one and only info hound. You are absolutely correct Renee. This is why people should continue to go to banks and asked them general questions about the currency revaluation before they even know what you personally hold. People mess up NY showing their hands to early. Anyway you have a goodnight love. We’ll talk again soon.
Source(s):
• https://x.com/Prolotario1/status/2052615226701287781
https://dinarchronicles.com/2026/05/08/prolotario-banks-are-preparing-for-this-transition/b
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Thom Similarities between the dinar and the dong: Both currencies are controlled by their central banks. Neither one floats freely on the open market...Both of them have a 'street price'...Both communities have long-term holders that believe the official rate is too low. Millions of Americans are sitting on both currencies for the same basic reason. We believe the real value hasn't been priced in yet...Both governments are intentionally holding the rate down..
Stephen US Treasury Secretary Scott Bessent X post: "Like a rogue gang, the Iranian regime is pillaging resources that rightfully belong to the Iraqi people. Treasury will not stand idly by as Iran's military exploits Iraqi oil to fund terrorism against the United States and our partner." That's incredible that he came out and made that public statement...This is not a negative in any way. This is all positive...
Jeff We've had a lot of false alarms in this. I will admit that. Part of the reason why we've had a lot of false alarms, for one, this is a huge learning experience because we don't have a 'Dinar for Dummies' book revealing every step in this. Unless you know every step, plus...2012 they suggested they were going to do it. 2014 they suggested, December 20th 2020 they suggested they were going to do it...During the first half of [2025] year they were putting out a whole bunch of articles about minting coins... The point is, without knowing every step...it's a speculative unknown investment making it very difficult to study.
Silver to $500 THIS SUMMER? Must Watch Stunning Forecast | Michael Oliver
Liberty and Finance: 5-9-2026
Michael Oliver of Momentum Structural Analysis returns to LibertyAndFinance with a stunning forecast: silver could surge to $300 to $500 per ounce as early as this summer.
Oliver explains why momentum indicators, not traditional price charts, are signaling that silver’s recent correction was a “phantom collapse” before the next major leg higher.
He also warns that the real crisis ahead is not stocks or geopolitics, but a looming U.S. government bond market breakdown that could force central banks into massive money printing.
In this interview, Oliver breaks down why he believes gold, silver, and commodities are entering a historic repricing phase while stocks, bonds, and crypto face major long term risks.
He also shares why the current rally in the stock market may be part of a dangerous topping process similar to 2000 and 2007.
INTERVIEW TIMELINE:
0:00 Intro
1:20 $300-$500 silver this summer
8:10 Stock market top
15:00 Bond market
19:30 Bitcoin
22:25 Metals & commodities
Seeds of Wisdom RV and Economics Updates Sunday Morning 5-10-26
Good Morning Dinar Recaps,
Global Energy Shock Deepens as Hormuz Crisis Threatens Financial Stability
Oil volatility, inflation fears, and shipping disruptions are intensifying pressure on the global economic system
Good Morning Dinar Recaps,
Global Energy Shock Deepens as Hormuz Crisis Threatens Financial Stability
Oil volatility, inflation fears, and shipping disruptions are intensifying pressure on the global economic system
Overview (Key Points)
The global economy is facing renewed financial stress as tensions surrounding the Strait of Hormuz continue disrupting energy markets and trade flows.
Oil prices remain highly volatile amid fears that prolonged instability in the Gulf could trigger a broader inflationary and economic shock across global markets.
Investors are increasingly concerned that rising energy costs could delay central bank rate cuts, weaken consumer demand, and slow economic growth worldwide.
The situation highlights how closely the global financial system remains tied to Middle East energy stability, despite years of diversification efforts.
Key Developments
1. Oil Prices Remain Elevated Amid Gulf Instability
Brent crude and U.S. oil prices continue trading at historically elevated levels following disruptions linked to the Iran conflict and shipping concerns in the Gulf.
Analysts warn that even temporary interruptions in the Strait of Hormuz can create major ripple effects throughout the global economy.
2. Inflation Risks Are Re-Emerging
Higher oil prices are increasing fears of another wave of global inflation.
Transportation costs are rising
Manufacturing expenses are climbing
Consumer purchasing power is weakening
This could complicate efforts by central banks to stabilize economies already burdened by debt and slow growth.
3. Investors Shift Toward Safe-Haven Assets
Global uncertainty is driving increased interest in:
Gold
U.S. Treasuries
Defensive assets
Meanwhile, market volatility continues to intensify as traders react to rapidly changing geopolitical developments.
4. Global Trade Routes Face Mounting Pressure
The Gulf region remains one of the world’s most important energy corridors.
Shipping disruptions and higher insurance costs are increasing pressure on global supply chains and trade networks, especially across Asia and Europe.
5. Economic Fragility Is Becoming More Visible
The latest market swings reveal how vulnerable the global economy remains to geopolitical shocks.
Even with strong corporate earnings in some sectors, rising energy costs continue threatening broader financial stability.
Why It Matters
Energy shocks historically trigger wider economic consequences across:
Inflation
Currency markets
Trade systems
Consumer confidence
The current crisis is exposing the interconnected nature of the modern financial system and its dependence on stable energy flows.
Why It Matters to Foreign Currency Holders
Rising oil prices and geopolitical instability can drive:
Currency volatility
Inflationary pressure
Capital movement into safe-haven assets
Countries heavily dependent on imported energy may face increased strain on national currencies and reserves.
Implications for the Global Reset
Pillar 1: Energy Security Is Becoming Financial Security
The ongoing Gulf crisis demonstrates how energy control increasingly influences monetary stability and global economic power.
Pillar 2: Systemic Vulnerabilities Are Accelerating Structural Change
Persistent instability may push nations to:
Diversify trade systems
Reduce dependency on vulnerable shipping routes
Explore alternative financial arrangements outside traditional structures
Conclusion
The current energy crisis is not simply a regional geopolitical issue—it is becoming a global financial stress event.
As oil volatility, inflation fears, and market uncertainty converge, governments and financial institutions are being forced to confront deeper structural vulnerabilities within the global economy.
The world may be entering a period where economic resilience becomes just as important as military or political power.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Reuters — "Global markets react to Gulf tensions and rising oil prices"
Reuters — "Oil prices surge as Hormuz disruptions threaten supply"
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🌱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™
~~~~~~~~~~
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Sunday Morning 5-10-26
Kurdistan Finance Ministry Deposits Over 50 Billion Dinars Of April Revenues With Baghdad
Money and Business Economy News – Baghdad The Ministry of Finance and Economy in the Kurdistan Region announced on Sunday that more than 50 billion dinars of non-oil revenues for the month of April have been deposited into the bank account of the Federal Ministry of Finance.
Kurdistan Finance Ministry Deposits Over 50 Billion Dinars Of April Revenues With Baghdad
Money and Business Economy News – Baghdad The Ministry of Finance and Economy in the Kurdistan Region announced on Sunday that more than 50 billion dinars of non-oil revenues for the month of April have been deposited into the bank account of the Federal Ministry of Finance.
The ministry said in a statement seen by “Al-Eqtisad News” that it had deposited an amount of 50 billion, 292 million, and 213 thousand Iraqi dinars into the federal finance account at the Central Bank of Iraq branch in Erbil, as part of the financial procedures followed to settle non-oil revenues between the region and the federal government to finance the monthly salaries of Kurdistan employees. https://www.economy-news.net/content.php?id=68884
Iraq Maintains Its Position In The Global Gold Reserve Ranking During 2026
Money and Business Economy News – Baghdad Data from the World Gold Council revealed that gold constituted about 25% of Iraq’s total foreign reserves during 2026, reflecting the continued role of gold as one of the most important financial hedging tools in the country.
The latest official global gold reserves data for May 2026 showed that Iraq has not recorded any gold purchases since the beginning of 2026, remaining at 174.6 tons.
This figure comes amid a state of relative stability in the global gold market, where central banks continue to rely on gold as a safe asset alongside foreign currencies.
According to data seen by Shafaq News Agency, Iraq maintained its position in the global ranking, coming in at 28th globally and third in the Arab world during the past months of this year.
Globally, the United States topped the list with a reserve of 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, France came in fourth with 2,437 tons, while China came in fifth with a reserve of 2,311 tons.
According to the report, Iraq purchased several quantities of gold during 2025, including one ton in March, 1.6 tons in June, 3.1 tons in July, 2.5 tons in August, and 3.8 tons in October.
It is worth noting that the World Gold Council, based in the United Kingdom, is one of the leading bodies specializing in analyzing global gold market trends and the factors affecting its prices. https://www.economy-news.net/content.php?id=68901
The Repercussions Of The Hormuz Closure: Iraq's Economy Under Pressure: Rising Debt And Eroding Liquidity Threaten Financial Stability.
Reports Economy News – Baghdad The issue of financial stability in Iraq has returned to the forefront once again, with growing fears of a widening fiscal deficit and declining oil revenues, coinciding with rising domestic debt and a decrease in the central bank's foreign reserves, at a time when the government affirms that the monetary situation is still under control and that reserves are capable of protecting the economy from external shocks.
The Ministry of Finance revealed that the total Iraqi domestic debt reached 96 trillion and 629 billion dinars by the end of April 2026, compared to an external debt of $13.039 billion, at a time when data indicates the state’s continued reliance on domestic borrowing to cover operational expenses, particularly salaries, government subsidies, and the energy sector.
According to data from the Public Debt Department, Iraqi governments have borrowed more than 46 trillion dinars domestically since 2023 until last April, of which only about 43% has been repaid, while the largest part of the debt still represents accumulated obligations from previous governments.
Nevertheless, financial authorities maintain that the debt-to-GDP ratio remains within internationally acceptable limits.
In contrast, clear signs of pressure on liquidity and cash reserves emerged, after recording a decline of more than 3 trillion dinars in the central bank’s reserves in just two weeks, according to official data pointed out by economist Nabil Al-Marsoumi, who warned that the gap between oil revenues and government spending has begun to widen in an unprecedented way.
Al-Marsoumi believes that the current crisis is directly related to the repercussions of regional tensions and the disruption of trade and energy in the region, especially after the closure of the Strait of Hormuz and the significant decline in Iraqi oil exports, which led to a decrease in oil revenues to levels that are insufficient to cover salaries and basic operating expenses.
According to his estimates, Iraq needs approximately 7 trillion dinars per month to cover operational spending, while current oil revenues provide only a limited portion of this amount, which puts the government in front of difficult financial choices, most notably expanding domestic borrowing or resorting to monetary tools that may later affect monetary stability and the level of inflation.
Experts also warn that the continued decline in oil revenues will lead to a further depletion of foreign reserves, especially as the central bank continues to finance foreign trade and maintain exchange rate stability, given the limited non-oil revenues and declining commercial activity as a result of regional turmoil.
In contrast, the Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, downplays the seriousness of the situation, stressing that foreign reserves still represent the first line of defense for the Iraqi economy, and that monetary management has the technical ability to absorb temporary shocks.
In his interview with "Al-Eqtisad News," Saleh points out that foreign reserves still cover about 12 months of imports, a percentage that far exceeds safe international standards.
He stressed that any short-term fluctuation in reserves can be dealt with within the approved monetary policies, and that the central bank still retains effective tools to ensure financial and monetary stability.
Despite official assurances, observers believe the real challenge lies not only in the size of reserves or public debt, but also in the Iraqi economy's continued near-total dependence on oil, at a time when regional energy markets and supply lines are experiencing frequent shocks. Furthermore, delays in gas and energy projects and rising operational spending are placing public finances under pressure that could worsen if the regional crisis persists.
Between the government’s vision, which emphasizes the strength of the monetary situation, and experts’ warnings of a widening deficit and liquidity gap, the Iraqi economy remains facing a difficult test that depends largely on the stability of oil markets and the state’s ability to diversify its resources and reduce its dependence on rentier spending in the face of rapidly changing regional circumstances. https://www.economy-news.net/content.php?id=68902
The Iraqi Stock Market Traded 48 Billion Shares Worth 27 Billion Dinars During The Month.
Stock Exchange Economy News – Baghdad The Iraq Stock Exchange announced on Sunday that more than 48 billion shares worth more than 27 billion dinars were traded during the month of April.
A market report stated that "the market held 20 regular trading sessions during the month, during which shares of 82 out of 118 listed companies were traded."
He added that "the number of executed transactions reached about 23,490 transactions, while the number of shares traded exceeded 48 billion and 605 million shares, with a value of 27 billion and 457 million dinars, distributed across various sectors."
The report noted that "the ISX60 index closed at the end of the month at 983.02 points, recording an increase of 1.9% compared to the previous session's close," indicating that this "reflects a state of anticipation and caution among investors during trading periods."
The Iraq Stock Exchange, which includes diverse sectors such as banking, telecommunications, industry, insurance, investment and services, is witnessing regular trading activity despite the economic challenges. https://www.economy-news.net/content.php?id=68906
Aramco CEO: The World Lost One Billion Barrels Of Oil In Two Months
energy Economy News - Follow-up Commenting On The Company’s Results Released On Sunday, Saudi Aramco President And CEO Amin Nasser Said The Past Two Months Have Served As A Stark Reminder That Oil And Gas Remain Essential Components Of Global Energy Security.
He Added That The World Has Lost About One Billion Barrels Of Oil In The Past Two Months, Noting That Even With The Resumption Of Energy Flows, It Will Take Time For The System To Return To Normal.
Al-Nasser Explained That Aramco’s Goal Is To Ensure The Continued Flow Of Energy, Stressing That The Company Was Able To Restart Some Of The Affected Facilities In Less Than 24 To 48 Hours, A Process That Could Have Taken Months Without Prior Investment And Emergency Planning.
Al-Nasser Noted That Years Of Underinvestment, Coupled With Recent Supply Disruptions, Have Increased Pressure On Global Stockpiles.
Al-Nasser Also Emphasized That Asia Remains A Top Priority For Saudi Aramco.
Al-Nasser Noted That The Company’s Performance In The First Quarter Reflects Strong Operational Resilience And A Great Ability To Adapt In A Complex Geopolitical Environment.
He Added That The East-West Pipeline, Which Is Now Operating At Its Maximum Capacity Of 7 Million Barrels Of Oil Per Day, Has Proven To Be A Vital Artery To Ensure The Continued Supply Of Oil And Other Products To The Markets, As It Has Helped To Mitigate The Effects Of The Global Energy Shock And Has Contributed To Providing Support To Customers Affected By Shipping Restrictions In The Strait Of Hormuz. https://www.economy-news.net/content.php?id=68887
FRANK26…5-9-26….THE VIDEO
KTFA
Saturday Night Video
FRANK26…5-9-26….THE VIDEO
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Saturday Night Video
FRANK26…5-9-26….THE VIDEO
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Jon Dowling Weekly Wrap Up & Latest Financial Updates
Jon Dowling Weekly Wrap Up & Latest Financial Updates
5-8-2026
The landscape of global finance and geopolitics is shifting beneath our feet, and staying informed is more critical than ever.
In the latest edition of the Weekly RV Report, broadcast from South Florida on May 8th, 2026, the host breaks down the complex intersection of Middle Eastern tensions, regulatory breakthroughs, and the transformation of our financial infrastructure.
As a reminder, this analysis is provided for informational purposes and should not be construed as professional financial advice.
Jon Dowling Weekly Wrap Up & Latest Financial Updates
5-8-2026
The landscape of global finance and geopolitics is shifting beneath our feet, and staying informed is more critical than ever.
In the latest edition of the Weekly RV Report, broadcast from South Florida on May 8th, 2026, the host breaks down the complex intersection of Middle Eastern tensions, regulatory breakthroughs, and the transformation of our financial infrastructure.
As a reminder, this analysis is provided for informational purposes and should not be construed as professional financial advice.
One of the most profound developments discussed is the disruption of a 233-year monopoly on Wall Street. The SEC has officially approved the integration of tokenized stocks, a move that effectively removes the need for traditional brokers and clearinghouses.
By utilizing blockchain technology for seamless trading, the financial sector is moving toward a more decentralized model. Complementing this, a new category of specialized banking—backed by prominent leaders in tech and finance—is emerging to cater specifically to stablecoin and crypto businesses.
These milestones, coupled with a concerted effort by major crypto firms to solidify legal frameworks, suggest we are witnessing the dawn of a fundamentally new financial era.
As these systemic changes take hold, the commodities and precious metals markets are reacting in real-time. We are seeing a notable climb in the prices of gold and silver, while crude oil and the dollar index continue to navigate periods of volatility.
Looking ahead, the report offers a compelling forecast: a projected decrease in interest rates, coinciding with a de-escalation of the conflict involving Iran and its neighbors. Analysts suggest that these events could serve as a catalyst for significant growth in both precious metals and cryptocurrency markets. Notably, the stock market has shown remarkable resilience, indicating that savvy investors may already be positioning their portfolios to capitalize on these upcoming structural shifts.
Beyond the technical charts and geopolitical strategies, the report reminds us of the human element behind these economic transformations. By highlighting a rare historical Zimbabwe banknote, the host provides a stark, tangible reminder of what happens during periods of extreme economic upheaval—a humbling context for today’s market evolution.
As we approach the weekend, the message concludes with a heartfelt note of gratitude for the community’s support and a warm tribute to mothers everywhere in honor of Mother’s Day.
For those looking to dive deeper into these timely insights, we encourage you to watch the full report from Jon Dowling. Staying ahead of the curve requires constant learning, and this deep dive offers a great starting point for understanding the forces shaping our financial future.