The Dollar System is Losing Trust, Gold’s Monetary Reset has Begun

The Dollar System is Losing Trust, Gold’s Monetary Reset has Begun

Wealthion:   6-3-2026

In an ever-evolving global financial landscape, the discussion around gold’s role as more than just a shiny commodity has never been more pertinent.

 Recently, a compelling conversation between Trey Reik, Chief Economist at GBI, and Ronnie Stoeferle, Partner at Incrementum AG, explored the intricate nuances of gold within the global monetary system. Their insights delve deep into whether we are witnessing a typical gold market cycle or something far more profound: a fundamental monetary revaluation.

Stoeferle aptly titled his firm’s report “Back to the Monetary Future,” underscoring the vital importance of understanding monetary history to decode today’s complex economic and financial dynamics.

The discussion highlighted a brewing shift in global power, with the anticipated decline of the Pax Americana and a notable de-dollarization trend gaining momentum.

This shift is particularly influenced by China’s emergence across technological, economic, and scientific fronts. Amidst this backdrop, a growing erosion of trust in traditional institutions, political leadership, and central banks—magnified by rising inflation and surging gold prices—has naturally redirected attention towards gold as a reliable store of value.

One of the key takeaways from the conversation is the argument that gold’s current prices should not be solely perceived in nominal dollar terms. Instead, the analysts suggest a more insightful approach involves viewing gold in relative and monetary terms, particularly its ratio to various money supply measures like M0 and M2.

When evaluated through these lenses, gold appears to be significantly undervalued, suggesting a potentially substantial upside from a historical and comparative perspective.

The discussion also touched upon generational differences in how gold is perceived as monetary insurance. European nations, with their historical experience of multiple fiat currency devaluations, tend to have a deeper-rooted appreciation for gold’s protective qualities.

 In contrast, American perspectives have often been shaped by different economic anxieties, sometimes leading to varied attitudes towards the yellow metal.

Drawing on classic Dow theory, the analysts dissected the gold market cycle into distinct phases. Initially, there’s an accumulation phase, where astute, often contrarian, investors begin to acquire assets amidst widespread negative sentiment.

This is followed by the public participation phase, characterized by increasing general interest and growing media attention. Stoeferle suggested that gold is currently well within this public participation phase—perhaps midway through it.

This indicates a broader acceptance among both institutions and the general public, but importantly, it also implies that the market is still far from its peak enthusiasm, leaving room for further development.

The conversation concluded with strong evidence of gold’s shifting narrative within the institutional world.

 Major financial institutions have begun revising their gold price targets upwards, reflecting a growing confidence in its performance. Furthermore, influential firms like Morgan Stanley are now including significant allocations to gold in their portfolio recommendations. This institutional embrace underscores gold’s evolving role as a strategic asset for diversification and wealth preservation in an uncertain economic climate.

For those eager to delve deeper into these fascinating insights and gain further perspective on gold’s integral place in our monetary future, we highly recommend watching the full video from Wealthion. It offers an invaluable opportunity to understand the multifaceted factors shaping gold’s trajectory.

https://www.youtube.com/watch?v=ZR20ITGMzm4

Taboola the same on the Bottom of Posts

Coffee with MarkZ, joined by Bob Lock and Zester. 06/03/2026

Coffee with MarkZ, joined by Bob Lock and Zester. 06/03/2026

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 everyone…..Welcome back MarkZ…..What are you hearing?

MZ: Glad to be back……Lets start with bonds. I have 3 contacts with bond meetings today. Two are mine and one is somebody else’s. My two are expecting their payments for meetings they had last week.

MZ: Other bond contacts are saying things are great and moving along….But they won’t give me any more details on that. I don’t know if they got paid or not….but I do not that some group folks and bond folks are telling me that they were told their target is June 8th. This is the new “magical date” that’s running around. I have at least 5-6 sources that gave me that date.

MZ: Hopefully I have an update for this evening. One of my sources was a CMKX source that is also in a group. If many are getting paid on or around the 8th…then CMKX should be paid about the same time.

Member: I have a friend in the Admirals group with an NDA. All he can say is “soon”

MZ: I have heard similar things from some other groups that are connected at that level.

MZ: Peter Mayeaux (Former connected contact)  always said we would most likely go to bed on a Saturday Night and wake up to a whole new world on a Sunday. If I had to guess….look at a Sunday.

Member: IMO-The RV would have been forced to happen 3 weeks ago if Vietnam revalued its currency instead of holding off on it at the behest of Iraq and the US. Vietnam should give Iraq a final deadline for RV.

Member: I think we are waiting for a selected date for RV. Everything else is a distraction. Closing Books and opening new, and Starting new Budgets requires a cut off date for old, start of new.

Member: my credit union notified us of a new digital system

Member: What are you hearing about the meetings going on in Washington between Trump and Treasury and the Iraq CBI Bankers and leaders?

Member: According to Frank KTFA, all the banking leaders from all over are headed to the U.S. and being told to raise their rates... they are probably landing...

MZ: Probably 20+ are already here in the US and already working on that. Iraq is already here with some key folks. Almost the whole global south that are friendly with the US are being pressured to raise their exchange rates in order to balance the playing field for trade.

MZ: I have mentioned this before that the US is trying to pressure Vietnam to raise their exchange rate as it is way to artificially low.

Member: According to Frank we should be done in the next 10 days

Member:  Atterton: Iraq corruption. Seized: $10 million, 3 billion dinars, gold, and, alongside it all, light and medium weapons. From oil minister

MZ: “ Sulaymaniyah hosts the Delphi International Economic Conference with wide Iraq and international participation.”  This is scheduled for the 6th and 7th of June.  I have a couple sources in government in Iraq who says participants include the “Who’s Who” of economic figures from Iraq, Kurdistan and number of other countries will be there.

MZ: My Finance Ministry contact is of the absolute, concrete belief that they plan on announcing their value changes at the end of this thing which is Sunday. Take it as rumor and a huge pinch of salt but, I am hopeful this is accurate but take it a “RUMOR” and stay calm.

Member: I still believe we will see the RV before July 4th and the big US 250th celebration.

Member: This all could end up so fast it will make our heads spin, but it has to play out!!

MZ: We know there is a change coming …we know there is a reset coming…we can see the pieces all around us. Central Banks are buying the metals. We just don’t know the exact timing.

Member: FYI: June 9 great astro aspect!! Venus (abundance and beauty) conjunct Jupiter in Cancer (Nurturing) . Jupiter (most beneficial planet) is exalted (best location for it) in Cancer.

Member: Thanks Mark and mods. Hope everyone has a happy and hopeful day today.

Bob Lock and Zester join the stream today. Please listen to the replay for their information and opinions.

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

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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 FOR JOINING.  HAVE A BLESSED DAY.  SEE YOU IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!   FOR UPDATES ON MARK’S PODCAST GO TO: https://t.me/+b3hYhYlhKM1hYzcx

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

News, Rumors and Opinions Wednesday 6-3-2026

Ariel:  Iraqi Dinar Overview

6-3-2026

Iran & Iraq Update: Progressive Operations For The Republic Restoration

Iraqi Dinar Overview

Surface narratives claim stability at ~1,300 IQD per USD with no major shift planned, citing CBI budgets and minor fluctuations. This of course ignores compartmentalized mechanics. The official rates serve budgetary theater while parallel rails (offshore trusts, sovereign wealth vehicles, and tokenized testing) prepare for phased redenomination and backing adjustments.

Just so we are clear on this. The skeptics overlook documented post-invasion currency swaps (2003-2011) where dinar holdings among US-linked entities created vested interests. The 2024 Politico framing on dollar devaluation under trade pressures aligns with accelerated timelines engineered weakening forces asset migration into hard commodities and reformed currencies.

Iraq’s full digital mandate by July 2026 (cashless government institutions via CBI directive) is not mere modernization; it clears legacy paper for blockchain/ISO 20022 integration, enabling gold-pegged or commodity-hybrid settlement without public devaluation panic.

So this should give you all a clue as to how this is going to go.

Space Force and aligned DIA/SOCOM elements monitor global settlement integrity, including orbital data relays for transaction verification.

 Fort Knox audits (pushed via executive and congressional vectors) verify physical gold collateral to backstop any reset critical as European Central Bank data confirms gold surpassing US Treasuries as primary reserve asset (~27% share end-2025 vs. declining Treasury holdings).

This supports return to sounder mechanisms where dinar transitions from fiat proxy to regionally backed instrument. Under-the-table dealings involve cutouts in Gulf sovereign funds and select US Treasury alumni coordinating non-SWIFT rails. Iraq seeks independent national currency strength to exit dollar dependency in oil exports, accelerated by BRICS+ hedging and reduced Iranian influence channels.

Please understand this one thing. Trump’s team zeroed in on Iraq’s financial flows early on because of oil revenue recycling, Iranian influence channels, and broader de-dollarization risks. Those pauses on U.S. currency shipments to Iraq (hitting around $500 million tied to oil proceeds) weren’t random they were pressure tools to curb militia funding routes and force cleaner monetary policy in Baghdad.

This wasn’t headline-grabbing stuff, but it signaled a focus on stabilizing Iraq’s currency mechanics as leverage in regional cleanup.

Fast-forward to the current term, and the same threads persist: using dollar access as a carrot/stick while watching Iraq’s push to stand up its own stronger national currency backbone.

Read Full Article:
https://www.patreon.com/posts/iran-iraq-update-159961100

https://dinarchronicles.com/2026/06/02/prolotario-iraqi-dinar-overview/

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

Jeff   Question: "Can the government drag the rate change for a couple more years?"  Jeff:  No...because they've already done everything.  They've already told you the new government is going to lead Iraq into the next stage, next phase.  That is the international post rate change era...All the articles tell you reforms, taxes, 150+ laws - all of that is post rate change era...This is not going to drag out for more years. 

Militia Man   Article: "ECONOMIC REFORM OR RADICAL CHANGE ? - A LOOK AT THE PATH TO A MARKET ECONOMY"  This is further confirmation that the execution phase is real. Diversification, private sector activation, and reducing oil dependency are no longer just talk — they’re becoming policy priorities under the new government.  A successful transition to a market economy is one of the strongest structural supports for a managed REER. You can’t sustainably strengthen the dinar long-term in a pure rentier system. The reforms we’re seeing are building the resilience needed for that next step.

Mnt Goat   Article:   “NEW UNDERSTANDINGS  BETWEEN BAGHDAD AND ERBIL… AL-ZAIDI “IMPLEMENTS LONG-AWAITED KURDISH DEMANDS”  Quote:   "...the current phase has witnessed practical steps to implement a number of demands, especially those related to the oil file and moving towards enacting the oil and gas law."This is what is called ‘STABILITY’. These are the kind of actions we need to see in order to get the RV. We need one national Iraq working together, north and south...I leaped with JOY when I read it.

Reset Intelligence  In front of a delegation of Iraqi journalists, Prime Minister Ali Falih al-Zaidi told the room he had been offered a $200 million bribe to bury corruption inside Iraq's Oil Ministry...He took it to the press. The man who  carried the offer was already in custody. Adnan Mohammed Hammoud, Deputy Oil Minister for Refining Affairs and Director General of  the North Refineries Company, was arrested Friday evening...Communications Minister Mustafa Sand called him an "oil whale" and "the  main provider of money to parties."...Then al-Zaidi did the part that matters. He stood up a council, named himself its chair, and gave it the power to send a corruption file straight to a judge...This one action just showed you what Iraq is now capable of.  

The Truth About the Dollar, Why It Buys Less Every Year! | LIVE Q&A with Lynette Zang

6-2-2026

Why does it feel like your money doesn't go as far as it used to?

In this livestream, Lynette Zang examines the truth about the U.S. dollar, rising living costs, inflation, and why many Americans are finding it harder to maintain their standard of living despite higher incomes.

The discussion explores purchasing power, monetary policy, and what these trends could mean for the future.

https://www.youtube.com/watch?v=kJ5Oeu4Xi70

Seeds of Wisdom RV and Economics Updates Wednesday Morning 6-3-26

Good Morning Dinar Recaps,

Middle East Conflict, Rising Oil Prices, and Digital Currency Debates Increase Pressure on Global Finance

Escalating geopolitical risks and accelerating discussions around digital money are exposing vulnerabilities within the existing financial system.

Overview

Today's economic landscape is being shaped by two powerful forces: renewed instability in the Middle East affecting global energy markets and growing efforts by governments and central banks to modernize payment systems through digital currencies and stablecoin regulation.

While global stock markets remain near record highs, underlying risks tied to energy security, inflation, sovereign debt, and monetary transformation continue to build beneath the surface.

Key Developments

1. OECD Warns Prolonged Middle East Conflict Could Slow Global Growth

The OECD warned today that an extended conflict involving Iran and the broader Middle East could significantly reduce global economic growth while pushing inflation higher. Under its more severe scenario, global growth could fall to 2.1% in 2026, while inflation accelerates due to disruptions in energy supplies and trade routes.

2. Oil Prices Continue Rising on Iran Uncertainty

Oil prices moved higher for a third consecutive day as negotiations between the United States and Iran remain stalled. Markets remain concerned that any disruption involving the Strait of Hormuz, one of the world's most important energy corridors, could trigger additional inflationary pressures and disrupt global supply chains.

3. Central Banks Face Growing Digital Currency Pressure

Debates surrounding digital currencies intensified as policymakers in Europe and the United Kingdom discussed the future of stablecoins and central bank digital currencies (CBDCs). European Central Bank officials argued that projects such as the Digital Euro may become increasingly important as governments seek to maintain monetary sovereignty in a rapidly evolving digital payments environment.

4. Stablecoin Regulation Emerges as Strategic Financial Issue

UK lawmakers urged regulators to soften proposed restrictions on stablecoins, warning that excessive regulation could hinder innovation and limit competitiveness. The debate highlights the growing importance of stablecoins as governments attempt to balance innovation with financial stability concerns.

5. Interest Rate Expectations Remain Elevated

Strong labor market data and persistent inflation concerns have led investors to scale back expectations for rapid interest-rate cuts. Rising bond yields and tighter monetary conditions continue to place pressure on highly leveraged governments, corporations, and consumers worldwide.

Why It Matters

The combination of geopolitical instability, energy market vulnerability, elevated debt levels, and digital monetary innovation is creating conditions that could reshape the future structure of global finance. Governments and central banks are increasingly forced to manage multiple systemic risks simultaneously.

Why It Matters to Foreign Currency Holders

• Rising energy prices can create significant currency volatility.

• Digital currencies and stablecoins may influence future cross-border payment systems.

• Higher interest rates could pressure debt-heavy economies and alter capital flows.

Implications for the Global Reset

• Pillar 1: Energy Security and Monetary Stability

Persistent instability in key energy-producing regions demonstrates how closely inflation, interest rates, and geopolitical events have become interconnected within the modern financial system.

• Pillar 2: Transition Toward Digital Finance

The accelerating focus on stablecoins, digital currencies, and tokenized financial infrastructure suggests that major economies are actively preparing for the next phase of monetary evolution.

Closing Insight

Today's developments highlight a world economy balancing between old and new systems. Traditional challenges such as war, inflation, and debt remain significant, while digital currencies and financial innovation are steadily transforming how money and commerce may function in the future.

This is not simply a period of economic uncertainty—it is the intersection of geopolitical risk and monetary transformation shaping the next era of global finance.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "OECD Says Protracted War Could Drag on Global Growth, Push Up Inflation"
  ‍ ‍

• Reuters — "Oil Up on Middle East Fighting While AI Bulls Carry Stocks Higher"

~~~~~~~~~~

🌱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

Iraq Economic News and Points To Ponder Late Tuesday Evening 6-3-26

Iraqi PM Declares War On Corruption, Orders Ministers To Disclose Assets Within One Week

Iraqi prime minister ali al-zaidi has declared an all-out war against systemic corruption, marking his administration's first major policy move by mandating all cabinet ministers to publicly disclose their financial assets within one week.

Ministerial Accountability and Contract Audits

During his inaugural cabinet session, Prime Minister al-Zaidi designated the eradication of administrative and financial corruption as his administration's absolute highest priority. al-Zaidi issued a strict directive requiring every government minister to submit exhaustive documentation regarding their personal wealth and assets to the Federal Commission of Integrity within seven days.

In tandem with the asset mandates, the Prime Minister ordered an immediate, comprehensive audit of all active contracts signed by ministries and public institutions. Any identified irregularities or legal infractions are to be fast-tracked to the judiciary to ensure negligent officials face criminal prosecution.

Creation of the Supreme Sovereignty Council for Integrity

To solidify institutional oversight, the Prime Minister signed an executive decree on May 30, 2026, establishing the "Supreme Sovereignty Council for Integrity, Oversight, and Public Asset Recovery." The council’s primary mandate focuses on tracking, monitoring, and auditing large-scale government projects and procurement contracts.

The ultimate goal of the new body is twofold: preventing the ongoing embezzlement of state funds and orchestrating the repatriation of billions in capital stolen during previous administrations.

High-Profile Arrests and Multi-Trillion Dinar Heist Thwarted

The anti-graft crackdown yielded immediate results just 24 hours after the new measures were codified. Adnan Hamad Hamoud, the former director of the North Refineries Company and a former deputy minister of oil, widely referred to in domestic circles as the "Oil Whale" was arrested on sweeping corruption charges.

Simultaneously, investigators from the Commission of Integrity successfully foiled a major financial plot aimed at siphoning 1.5 trillion Iraqi dinars (IQD) from two state-owned banks in Baghdad. Law enforcement officials confirmed that two suspects have already been detained in connection with the multi-trillion-dinar banking conspiracy.

A Technocratic Strategy to Protect Public Wealth

In his maiden address to the nation after assuming office, Prime Minister al-Zaidi characterized financial and administrative corruption as the single greatest bottleneck stymieing Iraq’s economic development. al-Zaidi, who possesses a robust background in economics and commerce, stressed that his government will deploy its full legal power to safeguard public wealth.

 These domestic measures come at a critical time, as international watchdogs consistently rank Iraq among the most non-transparent and corrupt nations globally.

The Looming Shadow of the "Heist of the Century"

Despite the swift momentum of the new administration, the monumental challenge of recovering vast sums of capital smuggled out of the country in recent years remains unresolved.

The greatest test of al-Zaidi's anti-corruption campaign is the ongoing fallout from the infamous "Heist of the Century," a scandal that saw trillions of dinars systematically looted from state coffers. To date, many of the primary suspects continue to evade justice, moving freely both inside Iraq and abroad due to entrenched patron-client networks linked to highly influential political actors.

Iraqi PM Declares War on Corruption, Orders Ministers to Disclose Assets Within One Week

https://channel8.com/english/news/59131

Eram News: Barak's Appointment Means Transferring The Iraqi File From Diplomacy To A Direct Administration Linked To The White House

Baghdad - One News    6/02/2026  A report published by Eram News revealed that Washington is currently viewing Iraq through three main files. The first is the file of armed factions and their weapons, the second is reducing Iranian influence within political and economic institutions, and the third is related to reactivating the economic and investment relationship, especially in the energy, gas, electricity and banking sectors.

 The report indicated that the appointment of Tom Barrack as a special presidential envoy to Iraq cannot be separated from the desire of US President Donald Trump’s administration to move the Iraqi file from traditional diplomatic management to direct political management linked to the White House.

 The report added that Barak is coming to Baghdad as a dealmaker and regional relations man, reflecting Washington’s desire to deal with Iraq from a broader perspective, indicating that the main task is to test the Iraqi government’s ability to produce a new balance that does not clash directly with Tehran, while at the same time not allowing Iraq to remain an open arena for armed factions.  https://1news-iq.net/إرم-نيوز-تعيين-باراك-يعني-نقل-الملف-ال/

Rejecting Its Dissolution...The Coordination Framework, In The Presence Of Al-Zaydi: The Popular Mobilization Forces Are An Official Security Institution Committed To  The Orders Of The Commander-In-Chief

Baghdad - One News   6/02/2026  The Coordination Framework held its periodic meeting at the office of the head of the Victory Coalition, Haider al-Abadi, in the presence of Prime Minister Ali al-Zubaidi, to discuss a number of priority national and security issues. 

The Coordination Framework stressed that the choice of the political system and its representatives is an exclusive right of the Iraqi people, who have made great sacrifices in defense of their state and democratic system, and that the decision of war and peace is a sovereign national decision that belongs to the Iraqi people through their constitutional institutions, represented exclusively by the House of Representatives and the elected government, and that any action outside this framework is considered a violation of the law and the principles of the constitutional state. 

The coordination framework also affirmed that the Popular Mobilization Forces is an official security institution committed to the constitution, applicable laws, and the orders of the Commander-in-Chief of the Armed Forces, and carries out its duties in accordance with the approved legal frameworks.

https://1news-iq.net/رفضاً-لحله-الإطار-التنسيقي-بحضور-الزي/

Security Source: 13 Million Weapons Remain Outside State Control Despite Ongoing Purchase And Registration Campaigns

Baghdad - One News   6/02/2026   A security source confirmed that the issue of weapons spread outside official frameworks still represents one of the most prominent challenges facing the Iraqi state, despite the fact that more than two years have passed since the launch of the project to purchase citizens’ weapons and register them within the plan to restrict weapons to the state. 

The source explained that the government has taken a series of measures in the past period aimed at regulating the possession of weapons and reducing their spread, by opening registration centers and launching programs to purchase unlicensed weapons, but the volume of weapons circulating in Iraqi society is still large and requires long-term efforts to address it. 

He explained that the success of the project to restrict weapons to the state is not related to security measures alone, but requires broad community cooperation and the provision of a stable environment that enhances citizens’ confidence in official security institutions, in addition to the continuation of government programs related to regulating and collecting weapons.

https://1news-iq.net/مصدر-أمني-13-مليون-قطعة-سلاح-ما-تزال-خارج/

US Hails Iraqi Coordination Framework’s  Move To Restrict Weapons To State

2026-06-02 / 04:06   Shafaq News- Baghdad    The United States on Tuesday welcomed Iraq's push to place all weapons under state control, after armed faction Asaib Ahl Al-Haq (AAH) announced practical steps toward transferring its arms, personnel, and equipment to state authority following a landmark decision by the ruling Coordination Framework (CF).

 During a meeting between US Chargé d'Affaires Joshua Harris and Iraqi National Security Adviser Qasim Al-Araji, both sides praised the CF's support system" rel="">support for restricting weapons to the state and separating the Popular Mobilization Forces (PMF) from political, partisan, and social structures.

اسم الاعرجي

potosednSr1fau495f850g471h1c0fml42i7u1h887a0c2m3ah62glfaia9h ·

National Security Adviser Mr. Qasim Al-Arji receives the list of the American Embassy in Baghdad

Today, Tuesday, received the National Security Adviser, Mr. Qasim Al-Arji, today, who is in charge of the American Embassy in Baghdad,

Mr. Joshua Harris.   Mr. Al-Arji and Mr. Harris reviewed the situation at the regional and international levels and the latest developments in the region, as well as the decision of the coordinating framework to support system" rel="">support the government's measures to confiscate arms by the state, emphasizing that the statement of the coordinating frame is a road map to stabilize the country and to get away from everything that is harmful to the security and stability of Iraq.

As witnessed by the meeting, the research on the continuation of cooperation and partnership between Iraq and the United States, and the development of bilateral relations, in accordance with the common interests of the two countries.

Mr. Al-Arji to the head of the American embassy, renewed Iraq's firm position due to the conflict in the region and its stand to the peaceful path as drawn by the international customs and diplomacy.

On his side the staff of the American Embassy confirmed the support system" rel="">support of the American government and President Trump for the Iraqi government, signaling that the United States supports independent Iraq with full sovereignty, and that economy and development are the driving force for Iraq and its people, again supporting the state's curfew, describing the coordinating framework statement as a quality move in The way to consolidating independence and sovereignty for the promising future of Iraq.

Media Office of the National Security Adviser  2- June-2026

Harris described the CF position as a "qualitative shift" toward strengthening Iraq's independence and sovereignty, while reaffirming the support system" rel="">support of the United States and President Donald Trump for the Iraqi government.

 The Shiite alliance, which dominates Iraq's parliament with more than 160 of 329 seats, authorized Prime Minister Ali Al-Zaidi on June 1 to take the decisions and measures necessary to protect the country's interests while endorsing efforts to place all weapons under state control and detach the PMF from political and partisan frameworks.

It also stressed that decisions on war and peace are the exclusive responsibility of Iraq's constitutional institutions and that any action outside that framework violates the law and the principles of the state. 

Restricting weapons to state control is a central pillar of Al-Zaidi's government program. Since taking office, he has repeatedly argued that the authority to bear arms and enforce the law belongs exclusively to the state and has called on armed groups to integrate into official institutions through legal channels.

Read more: A guide to Ali Al-Zaidi's ministerial program

 AAH, the first faction within the CF to take concrete steps, explained that the move was made in response to the coalition’s position and in line with calls by Iraq's top Shiite cleric, Grand Ayatollah Ali Al-Sistani, for weapons to remain under state control. The Iran-backed group currently operates Brigades 41, 42, and 43 within the PMF and maintains a parliamentary political wing through the Sadiqoon bloc. No timeline was provided for completing the transfer process.

Read more: Iraq’s armed factions and the disarmament debate

https://shafaq.com/en/Iraq/US-hails-Iraqi-Coordination-Framework-s-move-to-restrict-weapons-to-state

Wed. Iraq News Posted by Tishwash at TNT 6-3-2026

TNT:

Tishwash:  Kurdistan Delegation in Baghdad to Discuss Oil Exports and Output Increase

Talks expected with Iraqi officials and SOMO aimed at raising Kurdistan Region oil exports to 500,000 barrels per day amid ongoing production constraints

A delegation from the Kurdistan Regional Government (KRG) arrived in Baghdad on Wednesday to hold a series of meetings with senior Iraqi officials focused on oil exports and mechanisms to increase production and shipments, according to Kurdistan24 correspondent in Baghdad, Dilan Barzan.

The delegation is scheduled to begin its first meeting at 12:00 noon on Wednesday with Iraq’s Prime Minister Ali Faleh al-Zaidi, marking the start of a broader round of talks with federal authorities.

A well-informed source told Kurdistan24 that the KRG delegation is on an official visit to Baghdad, with the main objective of increasing Kurdistan Region oil exports through the Turkish port of Ceyhan.

The delegation is expected to meet with Prime Minister al-Zaidi, Oil Minister Bassim Mohammed Khudair Al-Abadi, and representatives of the State Organization for Marketing of Oil (SOMO) to discuss export arrangements.

According to Kurdistan24 sources, the delegation includes Acting Minister of Natural Resources Kamal Muhammad, Head of the Council of Ministers Diwan Omed Sabah, and Cabinet Secretary Amanj Rahim.

A source within Iraq’s Oil Ministry told Kurdistan24 that crude exports from the Kurdistan Region have declined over recent months due to security conditions affecting oil fields, impacting both export volumes and overall regional revenues.

The talks in Baghdad are expected to focus on increasing oil exports to 500,000 barrels per day, alongside stabilizing production and ensuring secure transport routes.

Exports from the Kurdistan Region to the Turkish port of Ceyhan were suspended in 2023 following a ruling by an international arbitration court, before partially resuming at the end of 2025. However, recent months have seen another decline in output and exports due to renewed regional security tensions and concerns over the safety of oil infrastructure.

Officials from both sides are now seeking to stabilize export flows and address operational challenges that have affected production levels across key oil fields in the Kurdistan Region. link

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Tishwash:  "It's no longer a separate issue": Washington is reshaping its priorities in Iraq.

"It's no longer a separate issue": Washington is reshaping its priorities in Iraq.

Diler Khalaf Osman, a researcher in international relations and Middle Eastern affairs at the University of Tennessee, affirmed that Washington's decision to merge the Iraq and Syria files under a single envoy reflects a fundamental shift in US strategy toward the region.
Osman stated that this move confirms the United States no longer treats Iraq as a separate or isolated issue with its own internal particularities, but rather as part of a broader regional security and geopolitical framework.

He added that this approach represents a shift from the US approach that has prevailed since 2003, which focused on democracy and development, to a regional approach that views Iraq through the lens of regional power balances, aiming to reduce Iranian influence and redirect the geopolitical trajectory of both countries in a way that serves US interests.

The researcher pointed out that the background of the new envoy, Tom Barrack, and his ideology related to the idea of ​​“America First” reveal the features of his mission, as he does not seem concerned with the files of democracy, federalism and political pluralism as much as he is concerned with strengthening the central state and its security capabilities, to ensure that it does not pose any threat to American interests, and to enable it to manage its security itself in the long term, which reduces the need for a direct American military presence.  link

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

Tishwash:  A huge financial surplus... and a service reality that has not changed: What happened?

The era of Mustafa Al-Kadhimi has sparked widespread controversy that continues to resurface whenever the issue of managing public funds and oil surpluses is raised, especially in light of talk about huge sums that entered the state treasury during the period of high oil prices, compared to a clear limitation in the size of service and development projects completed on the ground.

While supporters of that phase promote the idea of ​​“financial stability” and crisis management in a difficult economic situation, critics argue that the surpluses that were subsequently achieved did not translate into a real reconstruction boom, and their effects remained limited to covering operational expenses and salaries, without a tangible impact on infrastructure or basic services.

At the heart of this debate stands the most prominent economic decision at the end of 2020, when the exchange rate of the dinar against the dollar was adjusted. The government at the time considered this decision a necessary step to address the financial deficit, while opponents saw it as an influential shift that directly affected the prices of basic commodities and the standard of living, and left a long-term impact on the purchasing power of citizens.

As oil revenues increased in subsequent years, questions grew about the absence of strategic projects commensurate with those revenues, as observers believe that the period did not witness a construction momentum that matched the size of the available resources, with the exception of continued operational spending and covering the state’s financial obligations.

The issue of investment projects also remained controversial, given the failure or absence of a number of announced initiatives, and the increasing voices that spoke of a gap between the amount of money flowing into the country and what was actually achieved in terms of development and services.

On the other hand, supporters of that era still maintain that the government faced complex political, economic and security challenges, and that performance evaluation should take into account the nature of the circumstances in which the country was run.

Between these two narratives, the Al-Kadhimi era remains one of the most controversial economic periods in Iraq, between those who describe it as managing a difficult crisis, and those who consider it a huge financial opportunity that was not invested in the way that could have changed the reality of services and reconstruction.  link

Tishwash:  Iraqi PM proposes US-backed investment plan linked to weapons control

Iraqi Prime Minister Ali al-Zaidi has proposed a plan to the United States that would link the expansion of US-led service and investment projects in Iraq to efforts to restrict weapons to state control and facilitate the disarmament of armed factions, a political source told Shafaq News on Tuesday.

The proposal aims to shift the weapons issue from a direct security challenge into a broader political and economic settlement by providing practical alternatives for faction members, particularly through employment opportunities and productive development projects.

"Al-Zaidi believes that the involvement of American companies in service and investment sectors could provide the government with economic and political support for implementing a gradual disarmament plan," the source said, adding that It would also seek to create jobs for young Iraqis, integrate some faction members into the labor market, and reduce their reliance on armed formations operating outside state institutions.

Earlier in the day, Asaib Ahl al-Haq (AAH), one of Iraq's most powerful Iran-aligned armed factions, announced the formation of an internal central committee tasked with implementing the group's disengagement from Popular Mobilization Forces structures and transferring its weapons, personnel, and equipment to state authority.

Ashab al-Kahf, also one of Iraq's prominent clandestine armed groups, rejected outright any political calls for factions to surrender their weapons, dismissing arguments invoking the supreme Shia religious authority in support of disarmament as false. Kataib Hezbollah welcomed efforts to centralize arms under government oversight while signaling it would not disarm.

Al-Zaidi has made weapons restriction a central plank of his government program, welcoming al-Sadr's earlier disarmament initiative as a step that would strengthen Iraq's security institutions in performing their constitutional duties, and calling on other armed factions to follow through official state channels, on the principle that “the authority to bear arms and enforce the law belongs exclusively to the state.”   link

America’s Gold Problem Just Got Harder to Ignore

America’s Gold Problem Just Got Harder to Ignore

Taylor Kenny:  6-2-2026

The Fort Knox audit may be the spark—but not the real fire. America’s gold problem just got harder to ignore because the real issue may not be buried inside Fort Knox.

It may be hiding in plain sight on the U.S. Treasury balance sheet.

Why does the U.S. government still value its gold at $42.22 per ounce when the market price is thousands of dollars higher?

CHAPTERS:

00:00 Trump, Fort Knox, and the Gold Audit

00:57 The Real Question No One Is Asking

01:25 The $42.22 Gold Accounting Illusion

02:22 Why Gold Threatens the Dollar System

03:18 Central Banks Are Buying Gold for a Reason

04:44 The 1934 Gold Revaluation Warning

06:32 Nixon, Broken Promises, and Fiat Currency

07:27 Physical Gold vs. Paper Gold

08:53 Are We Near a Gold Revaluation?

https://www.youtube.com/watch?v=dkWFFYFKnW0

Iraq Economic News and Points To Ponder Tuesday Evening 6-2-26

Iraq Seizes $10 Million, Dozens Of Properties In Oil Corruption Case

2026-06-02 Shafaq News- Baghdad   Iraqi authorities seized on Tuesday nearly 40 properties, $10 million in cash, three billion Iraqi dinars (≈ $2.29 million), and large quantities of weapons in an expanding corruption case involving former Deputy Oil Minister for Refining Affairs Adnan Mohammed Mahmoud.

According to a statement from the Supreme Judicial Council, preliminary investigations led to the seizure of properties in Baghdad, Saladin, and Erbil, along with around 1.5 kilograms of gold. The investigating judge said authorities also confiscated large quantities of light and medium weapons, adding that inquiries remain ongoing to identify all individuals and entities linked to the case.

Mahmoud, who previously served as deputy oil minister for refining affairs, was arrested last week on corruption-related charges.

Earlier this week, security forces arrested the financial director of the North Refineries Company in Baiji, though authorities have not publicly disclosed the reasons for the detention or any charges against him.

Arrest Of Oil Official Linked To Fuel Shortages Across Iraq

2026-06-02 Shafaq News- Baghdad   The arrest of Deputy Oil Minister for Refining Affairs Adnan al-Jumaili has contributed to fuel supply disruptions and long queues at filling stations across Baghdad and several Iraqi provinces since the Eid al-Adha holiday.

Sources familiar with the matter told Shafaq News that some northern refineries have slowed or halted fuel shipments in protest against the detention of al-Jumaili, who previously headed the North Refineries Company, creating additional pressure on gasoline supplies reaching the capital.

Al-Jumaili was arrested on May 30 as part of a corruption investigation linked to government contract reviews and anti-corruption measures.

The disruptions have coincided with a worsening fuel crunch on the ground, where motorists reported spending hours searching for gasoline and moving between multiple stations in an attempt to refuel. The government has denied any fuel shortage, attributing the pressure on stations to increased consumption driven by high temperatures and greater use of cooling systems.

However, the continuing queues have fueled public frustration, with many residents questioning why fuel remains difficult to obtain despite official assurances that supplies are sufficient to meet daily demand.

No unified explanation has yet emerged from the authorities responsible for fuel distribution, leaving uncertainty over when conditions at filling stations will return to normal.

https://www.shafaq.com/en/society/Arrest-of-oil-official-linked-to-fuel-shortages-across-Iraq

Fire Losses In Duhok Hit $1,6M+ In 2026

2026-06-02 Shafaq News- Duhok   Civil Defense teams in Duhok province recorded 357 incidents since the beginning of 2026, including 204 fires that caused material losses estimated at 2.5 billion Iraqi dinars (about $1.62M), with an increase of about 35 million dinars compared with last month, a Civil Defense official told Shafaq News on Tuesday.

Biwar Abdulaziz, the Directorate’s spokesperson, stated that the province also recorded 19 drowning incidents, along with five other fatalities, including one suicide by drowning in a dam and four deaths caused by blazes. He added that Civil Defense teams rescued 41 people during the same period from drowning, traffic accidents, and structural collapses before transferring them to hospitals for treatment.

The directorate carried out 3,035 field inspections of buildings, residential complexes, and other sites in and around Duhok to verify the availability of firefighting systems, automatic fire-control equipment, and compliance with safety regulations.

During the harvest season, he explained that abundant rainfall this year contributed to significant growth in vegetation and crops, prompting the directorate to implement a preventive plan to protect wheat fields and farms from fires. “The plan includes deploying 30 firefighting teams across agricultural areas to reduce response times and contain any outbreaks quickly.”

As for the summer swimming season, Abdulaziz pointed out that diving teams have been stationed at dams, rivers, and other water sites to respond to drowning incidents. He noted that heavy rainfall has altered the conditions of many water bodies and raised water levels compared with last year.https://www.shafaq.com/en/Kurdistan/Fire-losses-in-Duhok-hit-1-6M-in-2026

Iraq Cancels Settlement Deal With Korek Telecom

2026-06-02 Shafaq News- Baghdad   Iraq's Communications and Media Commission (CMC) on Tuesday canceled its settlement agreement with Korek Telecom, citing the company's failure to comply with contractual obligations despite being granted multiple opportunities to resolve outstanding issues.

The regulator said it would begin implementing the legal and regulatory measures stipulated under the agreement, including actions related to the company's operations and assets per Iraqi law.

It also directed its Consumer Voice Department to receive and process complaints from Korek subscribers and address any issues resulting from the decision, urging government institutions, private entities, and the public not to enter into new agreements or commitments with the company. “Korek would bear responsibility for any legal or financial consequences arising from the cancellation.”

In 2025, CMC ordered the suspension of internet services provided by Korek Telecom, a move that sparked criticism from residents and activists in the Kurdistan Region over its impact on consumers and businesses.

Read more: Internet in Iraq: Snail-speed service, high costs, and digital divide

https://www.shafaq.com/en/society/Iraq-cancels-settlement-deal-with-Korek-Telecom

US Rubio Reports Progress In Nuclear Negotiations With Iran

2026-06-02 Shafaq News- Washington   The US Secretary of State Marco Rubio on Tuesday shared optimism about the potential for a resumption in nuclear talks with Iran, adding that Iranians have agreed to negotiate on nuclear points that they had not been willing to address in the past.

In his first public testimony sincethe Iran warbegan, he said there is no guarantee that ultimately the negotiations will lead to an “acceptable deal”, explaining that these negotiations have been made difficult “by the instability of Iran’s leadership.”

Earlier, Tasnim News Agency reported that Iran's negotiating team will suspend indirect message exchanges with the United States through intermediaries, a decision Tehran linked directly to Israeli strikes on Lebanon.

https://www.shafaq.com/en/World/US-Rubio-reports-progress-in-nuclear-negotiations-with-Iran

Summer Heat Boosts Nightlife On Erbil's Iskan Street

2026-06-02 Shafaq News- Erbil   Climbing summer temperatures in Erbil, the capital of the Kurdistan Region, are driving growing crowds to Iskan Street, which has become a major nighttime destination for families and tourists.

Kamran Ahmed, a visitor, told Shafaq News on Tuesday that Iskan Street offers a welcome escape from the high temperatures. “Staying at home during this weather is unbearable,” he remarked. “We come here because it is our outlet in the city center. The open-air atmosphere, ice cream, and meeting friends are what make summer nights enjoyable.”

The street's appeal extends beyond Erbil residents. Large numbers of visitors from Iraq's central and southern provinces have continued to arrive since the Eid Al-Adha holiday, during which, the city welcomed 112,657 visitors, according to the Erbil Tourism Directorate.

Read more: Discover Kurdistan: The Middle East's best-kept travel secret

https://www.shafaq.com/en/Kurdistan/Summer-heat-boosts-nightlife-on-Erbil-s-Iskan-Street

Iran Prepares For Ali Khamenei's Funeral In Tehran, Qom, And Mashhad

2026-06-02 Shafaq News- Tehran   The funeral of Iran's former Supreme Leader Ali Khamenei will be held in three Iranian cities before his burial at the Imam Reza Shrine in Mashhad, an Iranian official revealed on Tuesday.

Deputy Mayor for Social and Cultural Affairs Amin Tavakolizadeh told local media that funeral ceremonies will take place in Tehran, Qom, and Mashhad, adding that authorities are preparing to receive between 15 and 20 million mourners in the capital.

Khamenei was killed on February 28, 2026, in a joint US-Israeli air operation that targeted his presidential compound in Tehran. Preparations for large-scale mourning and funeral ceremonies for Khamenei and members of his family killed in the attack were delayed for months due to security concerns and ongoing military hostilities, according to Iranian media.

https://www.shafaq.com/en/World/Iran-prepares-for-Ali-Khamenei-s-funeral-in-Tehran-Qom-and-Mashhad

US Chargé D'affaires Presses Iraq On Regional Threats

2026-06-02 Shafaq News- Washington   US Chargé d'Affaires to Iraq Joshua Harris said Tuesday that ending threats emanating from Iraqi territory is essential to regional peace, following a meeting with Iraqi President Nizar Amedi.

In a post on X, Harris also valued a productive discussion with Amedi “on shared priorities for a strong and mutually beneficial U.S.-Iraq partnership.”

U.S. Embassy Baghda

#CDA Harris valued a productive discussion with President Amidi on shared priorities for a strong and mutually beneficial U.S.-Iraq partnership. They discussed the imperative of decisive Iraqi action to safeguard Iraq’s sovereignty, build trust, and end the threat to regional peace emanating from Iraqi territory.  LINK

Earlier Tuesday, Harris met with National Security Adviser Qasim al-Araji, where he praised the Coordination Framework's stated support for consolidating the weapons of Iraqi factions under state authority and severing any operational ties between the Popular Mobilization Forces (PMF)— an umbrella of predominantly Shiite armed factions operating under nominal Iraqi state authority— and structures outside Iraq's official defense establishment.   https://www.shafaq.com/en/Iraq/US-charg-d-affaires-presses-Iraq-on-regional-threats

The Funky Math Behind How The US Economy Could Double In Size. Overnight

The Funky Math Behind How The US Economy Could Double In Size. Overnight

Notes From the Field B James Hickman (Simon Black / Sovereign Man)  June 2, 2026

It was September 2006— roughly two years before the 2008 financial crisis annihilated much of the global economy. But Greece was already in deep trouble.  Unemployment was hovering around 9%. Youth unemployment was a staggering 25%. And government finances were in the toilet, with official debt-to-GDP at 100% and annual budget deficits at nearly 8% of GDP.

The deficit issue was especially troubling; as part of the Eurozone, Greece was legally obliged to keep its annual budget deficit below 3% of GDP. But the government was simply incapable of doing so.

Yet if they didn’t significantly reduce their deficit-to-GDP ratio, Greek politicians faced the prospect of EU bureaucrats from Brussels taking charge of the government and imposing austerity.

So, rather than cut spending and reduce the deficit, the Greeks cooked up a creative way to magically increase their GDP—overnight.

And on September 26, 2006, the Greek National Statistical Service announced they were changing the way they were calculating GDP; among other things, the Greek government would include “illegal activities like drug trafficking and prostitution” in their GDP estimates.

Laughter and facepalming ensued immediately around the world as global economists collectively groaned at the Greek government’s desperation.

And yet, they still went through with it: poof. Overnight, Greece’s GDP magically grew by 25% because of the change in their calculation.

Frankly this idea is not uncommon in economics; plenty of countries have seen overnight surges in their GDP simply by changing the way they count economic activity.

Italy famously increased its GDP by nearly 20% overnight back in 1987 when they started including estimates of their shadow economy in the GDP numbers.

Nigeria ‘rebased’ its economy in 2014, nearly DOUBLING its GDP. One day it was a $270 billion economy, and literally the next day it was a $510 billion economy.

Ghana did the same in 2010, increasing its GDP by 60%.

But the world record goes to west Africa’s Guinea-Bissau, which, in 2005, increased GDP by a whopping 142%. Overnight.

Now, sometimes these updates aren’t completely ludicrous. Econometrics is an imprecise field that often relies on outdated modes of information gathering.

More importantly, statistical agencies over-concentrate their efforts collecting data on has-been industries while ignoring ‘new economy’ sectors. And this can seriously distort the picture.

That’s why, even in the United States, government agencies occasionally make changes to their econometric methods. Measuring an economy as dynamic as America’s absolutely has to change from time to time. And they have.

In 1999, for example, the Bureau of Economic Analysis began classifying software as a long-term asset (rather than an expense), immediately adding about 0.4% to the prior year’s GDP growth.

In 2013 the same agency went even further and began counting R&D expenses, artistic content, and more in GDP calculations. This change added $560 billion to the US economy.

To be fair, these were not political mandates or desperation moves. Instead, they were necessary adjustments to reflect changes that had taken place in the US economy; it makes sense to include R&D in GDP calculations when so much of the economy is R&D.

Typically, these adjustments to US methodologies take place every few years. And, as of yet, the US government has NOT yet updated its measurements to include AI.

And this is what may ultimately lead to a Greek, Ghana, or even Guinea-Bissau boost to GDP.

Economic activity from AI is extremely difficult to measure. Sure, there are sales of Nvidia GPUs and data center spending.

But think about all of the things that people are doing with AI—things which have economic value, but the government has no credible way to count.

Here’s an easy example: every time I’m at the grocery store, I browse the meager selection of children’s books for my kids. I almost never buy anything, though, because most of them are garbage… so the resulting economic activity is very low.

Lately I’ve been using AI to create my own books for the kids—which they seem to be enjoying very much. But since no dollars actually changed hands (i.e. I make the books myself), there is no economic activity recorded in this case either.

This is a critical point to understand, so I’ll say it again: in both situations, i.e. me NOT buying a book at the store, versus me creating one with AI, no recorded economic activity took place.

And yet, when I make my own books, something of economic value IS being created. I value them. My kids value them. The books have some value, hence value is being created.

I’m just one guy. Hundreds of millions of people are doing the same thing. And none of that value is being recorded, i.e. none of it is showing up in the GDP numbers.

It turns out the US government’s Bureau of Economic Analysis is already considering ways to incorporate AI into the GDP numbers.

And frankly that impact could be dramatic… for a couple of reasons.

First, because the impact of AI really IS dramatic. And growing. But second—because the US government REALLY needs to cut its deficit-to-GDP and debt-to-GDP ratios.

And since, like Greece, they seem to have no interest in actually cutting spending and reducing the debt, they’ll use AI as a way to suddenly boost GDP.

So don’t be surprised if we wake up one day and are told that the US economy is now $50 trillion because of AI… and hence America’s debt-to-GDP level immediately falls to 80%.

I suppose counting the economic value of cat memes and unicorn stories is better than drug traffickers and prostitutes. And it would be an interesting way for the US government to dramatically improve its fiscal condition overnight.
‍ ‍

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

https://www.schiffsovereign.com/trends/the-funky-math-behind-how-the-us-economy-could-double-in-size-overnight-155249/?inf_contact_key=0b94823f50d165fd59995ed1de688bf62ec2094b0cea6b68b61d0db7a8f697f7

FRANK26…6-2-26…. AKI PACKS HIS BAGS

KTFA

Tuesday Night Video

FRANK26…6-2-26…. AKI PACKS HIS BAGS

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#

https://www.youtube.com/watch?v=i6angT1hg-4

The Real Reason the Market is Ripping Higher

The Real Reason the Market is Ripping Higher

Heresy Financial:  June 1, 2026

In the current financial climate, the word “bubble” is frequently tossed around by analysts and headlines alike. With stock indices reaching new heights, many investors are bracing for an imminent crash. however, a recent analysis from Heresy Financial challenges this common perception, suggesting that the underlying data might tell a much more optimistic—and complex—story than the popular narrative suggests.

One of the most striking points discussed is the current level of short interest in the S&P 500. While high levels of “shorting” (betting that the market will fall) might seem like a warning sign, history often views it as a contrarian indicator. When bearish bets reach near-record levels, it suggests that a significant portion of the market has already positioned itself for a decline. Paradoxically, these excessive short positions have historically marked market bottoms rather than tops, as there are fewer sellers left to drive prices down and more “forced buyers” if the market starts to rise.

The video also addresses the concerns surrounding leverage. While margin debt—money borrowed to buy stocks—has increased recently, it remains well below the extreme levels seen before previous major market corrections. This is a crucial distinction, as it suggests that the risk of a “domino effect” caused by forced margin calls is significantly lower than it was during past bubbles. Without that excessive leverage, the foundation of the current market appears more stable than many realize.

To truly understand current valuations, the analysis suggests looking beyond nominal prices. When we measure the stock market against a stable baseline like gold, the “record highs” look a bit different. In many ways, rising stock prices may simply reflect a depreciating dollar rather than an overvalued market. Furthermore, fundamental metrics like the Price/Earnings-to-Growth (PEG) ratio indicate that stocks may still be priced reasonably relative to their expected earnings. Historically, when the PEG ratio dips below one, it has signaled a local market bottom and the start of a significant bull run—a pattern we are seeing glimpses of today.

The macroeconomic environment also plays a pivotal role in this outlook. We are currently witnessing a shift in monetary policy from a period of tightening to a period of easing. With expectations of interest rate cuts and potential deregulation in the banking sector, liquidity is expected to increase. This creates a favorable “tailwind” for equities, a sharp contrast to the restrictive environment of 2022 that triggered a bear market.

Ultimately, while the video advises investors to remain disciplined and well-hedged, it warns against being overly defensive. Holding excessive amounts of cash out of fear can lead to missing out on substantial gains as the market climbs a “wall of worry.” The key takeaway is that the bull market may have more longevity than the bears expect, at least until sentiment shifts from skepticism to universal euphoria.

TIMECODES

00:00 The Crash Everyone Is Waiting For Might Not Come

00:19 Short Interest Is Near a 30-Year High

00:54 The Last Time Shorts Were This Heavy, Stocks Bottomed

01:30 Why Crowded Shorts Are Fuel for Bull Markets

02:09 How the 2026 Rally Was Built on Hedge Fund Pain

02:30 Margin Debt Is Nowhere Near 2008 Levels

03:15 If You're Sitting in Cash, This Is Hard to Hear

03:46 Stocks Priced in Gold Aren't Overvalued

04:30 Valuation Is Just "How Much for a Money Printer"

05:22 The PEG Ratio Just Dropped Below 1 Again

06:53 The Only Time This Signal Failed

07:23 The Monetary Regime Just Flipped Back to Easy

08:27 "It's a Bubble" Is Now a Crowded Opinion

09:00 The Real Risk Is Sitting in Too Much Cash

https://www.youtube.com/watch?v=GDOy9d24auI