The Dinar Den: Dinar Talk with NATO Contractor
The Dinar Den: Dinar Talk with NATO Contractor
6-9-2026
In a recent insightful episode, The Dinar Den brought together host Stephen and his friend Guy for a compelling discussion that expertly navigated the complex currents of Middle Eastern geopolitics and their potential implications for the Iraqi Dinar (IQD) revaluation (RV).
This conversation offered listeners a nuanced perspective, moving beyond daily headlines to explore the strategic underpinnings of regional events and their financial ripples.
The Dinar Den: Dinar Talk with NATO Contractor
6-9-2026
In a recent insightful episode, The Dinar Den brought together host Stephen and his friend Guy for a compelling discussion that expertly navigated the complex currents of Middle Eastern geopolitics and their potential implications for the Iraqi Dinar (IQD) revaluation (RV).
This conversation offered listeners a nuanced perspective, moving beyond daily headlines to explore the strategic underpinnings of regional events and their financial ripples.
The dialogue began by addressing the recent period of relative quiet in news cycles, which often translates to fewer updates for those closely following the Dinar.
However, the contributors swiftly pivoted to the significant shifts occurring, particularly the escalating tensions involving Iran and Iraq, including recent US strikes. Far from being a deterrent, Stephen and Guy presented an argument that such intensified conflicts, surprisingly, could potentially accelerate the RV process.
Their reasoning delves into the idea that geopolitical stability and economic reform are often intertwined, and certain external pressures might compel faster internal financial adjustments within Iraq.
A significant portion of the discussion emphasized the critical importance of financial preparedness before any revaluation event occurs.
The guests provided clear, actionable advice on managing the procedural steps once the Dinar gains value. They strongly advocated for utilizing established, traditional banking routes, working closely with financial professionals such as certified public accountants (CPAs) and trust managers.
The consensus was firmly against relying on unofficial “redemption centers” or speculative methods, reinforcing the necessity of a structured, secure approach to protect and maximize one’s assets during such a significant financial transition.
Beyond the immediate focus on the Dinar, the conversation broadened to encompass the evolving global financial landscape. Stephen and Guy highlighted the importance of community support and diversified investment strategies, even touching upon the growing relevance of cryptocurrencies and the ongoing transformation of the global financial system through technologies like blockchain and stablecoins.
They also took care to clarify crucial distinctions, thoughtfully explaining the difference between a genuine revaluation—an increase in a currency’s purchasing power reflecting economic strength—and a mere redenomination, which is simply a reformatting of currency values. This distinction underscores their belief that Iraq’s economic trajectory is geared towards a legitimate increase in the Dinar’s intrinsic value, not just cosmetic changes.
The episode concluded on an optimistic note, painting a vision of Iraq’s potential future economic role and encouraging viewers to engage in thoughtful and well-informed preparation for the financial shifts ahead. The Dinar Den, through this in-depth discussion, provides valuable context and practical guidance for anyone monitoring the Iraqi Dinar and the broader dynamics shaping global finance.
For a comprehensive understanding and further details, we encourage you to watch the full video from The Dinar Den.
HOW WEALTH MANAGEMENT CHANGES BEFORE AND AFTER THE RESET
HOW WEALTH MANAGEMENT CHANGES BEFORE AND AFTER THE RESET
Dr. Scott: 6-10-2026
For years, investors have relied on traditional wealth management strategies built around stocks, bonds, real estate, and paper assets.
But what happens if the financial system undergoes a major reset? Would the same strategies still work?
In this video, Dr. Scott Young explores the key differences between managing wealth before and after a potential reset.
HOW WEALTH MANAGEMENT CHANGES BEFORE AND AFTER THE RESET
Dr. Scott: 6-10-2026
For years, investors have relied on traditional wealth management strategies built around stocks, bonds, real estate, and paper assets.
But what happens if the financial system undergoes a major reset? Would the same strategies still work?
In this video, Dr. Scott Young explores the key differences between managing wealth before and after a potential reset.
How would wealth management priorities change?
Topics include:
Traditional wealth management principles
Asset allocation before a reset
Risk versus opportunity during periods of change
The role of hard assets and liquidity
What wealth management may look like in a new financial environment
Whether you believe a reset is near or simply want to be prepared for whatever comes next, understanding how wealth strategies may need to adapt is critical.
Bruce’s Big Call Dinar Intel Tuesday Night 6-9-26
Bruce’s Big Call Dinar Intel Tuesday Night 6-9-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the big call tonight, June 9th and you're listening to the big call. Thanks everybody for tuning in again. We're just talking about tuning in to radio stations. You're tuning in from all over the globe to the big call. So glad you're here.
You guys know I create a timeline if I can for us, and I'm going to do that -- before we get on our timeline though, let's talk a little bit about -- you guys. Remember, about a week or two ago, I talked about the med beds being revealed or out to us or something to that effect, 6 / 7 / 8 of June. Well, the eighth was Sunday.
Bruce’s Big Call Dinar Intel Tuesday Night 6-9-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome everybody to the big call tonight, June 9th and you're listening to the big call. Thanks everybody for tuning in again. We're just talking about tuning in to radio stations. You're tuning in from all over the globe to the big call. So glad you're here.
You guys know I create a timeline if I can for us, and I'm going to do that -- before we get on our timeline though, let's talk a little bit about -- you guys. Remember, about a week or two ago, I talked about the med beds being revealed or out to us or something to that effect, 6 / 7 / 8 of June. Well, the eighth was Sunday.
Okay, check that the eighth was Monday yesterday. So over the weekend, and including the eighth, it wasn't that the med beds were being offered to the public or offered even to us yet, because we have to go into our exchanges first, but what it was, as I found out later, it was that we would have them securitize with military -- all med bed centers have full time military security -
Now, and also the same thing is said about the redemption centers, so both those entities, redemption centers and med bed centers have military on duty around the clock for security all over our country. Well, that was kind of neat to see that happen.
Now, that what does that tell us? That tells us how close we are.
All right, let's move from that into this. Is something that should be part and is part of NESARA. When will it be announced to the public? I'm thinking it's going to be in that time of the 24th of June to the fourth of July, thinking it in that time frame, and here's what it is.
This doesn't affect us that don't plan to be borrowing money after this goes, but to other people who want a mortgage on a house, who might have a bank loan, or will have a new bank loan, or have credit cards and have a mortgage, car loans, car loan mortgages, mortgage loan, bank loan, credit card, all capped at 3% that would be an annual percentage APR, probably 3% APR, which is a heck of a lot better than what we've had.
No, I've got - we've seen some mortgages down as low as 3% in the last few, about four or four years ago, maybe four or five years ago. But have all the loans capped at that, that's pretty good for everybody else.
I don't see us borrowing a nickel from anybody personally. I don't see it, but we'll see what happens. But this is good news. Now, when will this become effective? It's possible. I think it's possible it would be starting on the first of July, because we think all of NESARA is going to be rolled out as informationally to us by the fourth of July, so maybe you know, start of the month, start of the first of July, maybe that's when that 3% cap would kick in, okay. Okay, but I found that interesting to hear that.
All right, let's see what else we got. As far as our timeline, we have heard this from two different sources today that we're looking at, if we're not all right. Here's how it was said. If we're not going to be notified by Thursday, in other words, Wednesday or Thursday.
If we're not notified, we're not going to be notified by Thursday. Then it would go to the, it would go to Saturday, it would go to the weekend.
If we don't get this by Thursday, we're looking at the weekend, which is probably Saturday. The other one was saying something very similar.
The other one came through Redemption Center leader that said if this doesn't go by the 11th Thursday, so we're on the same page there . It doesn't go by Thursday, then it would go between the 12th, which would be Friday, and the 15th, which is Monday.
That puts us to the weekend between the 12th and the 15th, if we don't get notified by the 11th, is Thursday, two days from now. So that seems to be the consistency of what we're getting from pretty good sources. I would say some of our very best sources.
The other thing we heard was that people we know of that needed to get back into Canada, who are out of the country as redemption center leaders, needed to get back today, and that's telling us the pace is getting ready to go over the next several three or four days, and I think that that is what we should hope for.
What else did we hear about the EBS? EBS remember, I told you guys we had two separate, seemingly two separate windows for the emergency broadcast system. We've heard one that talked about taking us from the 24th of June to the fourth of July, there's a 10 day period there,
and I think if that is an EBS period for us, which we believe it is, then it would probably be bringing out NSARA between the 24th of June and july 4, because everything is announced by or on july 4 that we're looking for,
as far as the debt forgiveness, you know, so-called debt jubilee, mortgage, you know, wiped out credit cards, wiped out, all of that, which is supposed to take place either on the fourth or fifth of July.
Okay, so you've got that window for EBS between the 24th of June and the fourth of July.
I'm hearing about another window for EBS that would start over the weekend, meaning after we get notified, once we're notified, I think that's when the EBS would kick in, approximately the same time, and I don't have the latest update on bond holders, but I know one thing, they're expecting free emails, and they've already shaped their first one a few days ago.
The second one is imminent, and we don't know what's in these three, and we won't find that out probably till after it's over anyway. There's probably a moot point, but the point is that we're still looking to see if we can get an update on our bond holders in tier three. I really think we're going to have a pretty close to a shotgun start.
I think they might go one day ahead of us, but in terms of their notifications to have access funds, it should be pretty close to when we get started with our, our actual appointments.
Let's see if there's anything that's other, otherwise it's important,
President Trump his 80th birthday is on Sunday, the 14th of June, which is also Flag Day, he so I think for his, he's going to have the website that mixed martial arts events, let's call it at the White House, maybe that's going to be his birthday present, but we believe that we're going to get notified, if not by Thursday, then over the weekend, and I'm looking forward to that. You guys, I really am.
So I think they're trying to put a stop to it, but we'll see how they do on that, but there's a lot going on that is still clean up, and the cleanup should be done by the weekend, so that alone may push us through the weekend.
That cleanup is supposed to be done by then, because there, I mean, I know some numbers, and I can't put them out, but it's really, it's really an ongoing thing,
All right, let's see anything else I can think of. They got our new timeline. We've got two timelines on the EBS, and you know what, I don't know if they're going to be concurrent. I don't think so. You know what I mean, more contiguous, where one meets with the other, but I know we've got a 24th of June through the fourth of July, and we've got this weekend starting, and it might go right.
I mean, it might be ongoing, but I think we'd all get blown away if we had too much EBS at one time. So, but I do know that plan announced what is included in our NASARA, and we should be looking forward to getting those tariff dividends, I contend we don't get a tariff dividend until we get notified.
I don't see that going out until we get our numbers, but it's possible, so that could be happening kind of any day now, and then we'll the Doge and the R and R are going to be for those of us that are exchanging and redeeming our Zim at the redemption center, that will be at the Redemption Center.
The only other thing to add is that you know we've been mirrored our accounts, mirrored the quantum financial system, the QFS, for quite a while, probably two years now, but as of last Thursday, our accounts are live on the Quantum Financial System, QFS, and some of the information that we're getting is saying gold is king, and it's talking about a time frame over the next three or four days.
Gold is very important, and we will be going back on a version of the gold standard with the USN. Okay, so we have crypto currencies like XRP backing up our digital currency, if you will, and backing up the value of the USN, and you know it's all together,
So that's really what I wanted to say tonight, but I hope everybody got it, so we will plan a call for Thursday, let's see what happens, don't know if we'll have numbers by then, or not, but I think we could remember if we don't get them by Thursday the 11th, we should get them over the weekend.
So let's go with that. Let me thank Sue for a wonderful call, and thank you, Bob. Great information to have. had a wonderful segment. I really enjoyed it,.
And thank you, Big Call Universe, for listening to the Big Call for 15 years, and let's hope by Thursday, as far as our notification.
Okay, let's pray out the call.. Goodnight everybody, we’ll see you on Thursday, same time, same station
Bruce’s Big Call Dinar Intel Tuesday Night 6-9-26 REPLAY LINK Intel Begins 1:20:30
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Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 6-10-26
Good Afternoon Dinar Recaps,
U.S. Inflation Hits Three-Year High as Energy Shock Rekindles Economic Concerns
Rising energy costs linked to Middle East instability are pushing inflation higher, increasing pressure on consumers, policymakers, and the global financial system.
Good Afternoon Dinar Recaps,
U.S. Inflation Hits Three-Year High as Energy Shock Rekindles Economic Concerns
Rising energy costs linked to Middle East instability are pushing inflation higher, increasing pressure on consumers, policymakers, and the global financial system.
Overview
U.S. inflation accelerated sharply in May, reaching its highest level in three years as surging energy prices continued to ripple through the economy. The Consumer Price Index (CPI) rose 4.2% year-over-year, up from 3.8% in April, while monthly inflation increased by 0.5%.
The primary driver behind the increase was energy, which surged 23.5% over the past year amid ongoing tensions in the Middle East and disruptions surrounding critical oil supply routes. The report arrives as investors, central banks, and governments assess the broader economic impact of elevated energy costs and persistent inflationary pressures.
Key Developments
1. Inflation Climbs to Highest Level in Three Years
The latest CPI reading of 4.2% marks the strongest inflation rate since 2023. The increase matched market expectations but reinforces concerns that inflation remains more persistent than policymakers had hoped.
2. Energy Prices Lead the Surge
Energy prices rose 23.5% year-over-year, making them the largest contributor to overall inflation. Gasoline prices increased 7% during May alone and now stand more than 40% higher than a year ago, reflecting ongoing instability in global energy markets.
3. Core Inflation Remains More Moderate
Excluding food and energy, core inflation increased 2.9% annually, suggesting that broader price pressures remain relatively contained. Shelter costs rose 3.4%, while food prices increased 3.1%.
4. Federal Reserve Faces New Policy Challenges
The inflation report may complicate future Federal Reserve decisions regarding interest rates. Persistent inflation could force policymakers to maintain higher rates for longer, potentially slowing economic growth while attempting to control rising prices.
5. Middle East Conflict Continues Influencing Markets
Ongoing tensions involving Iran, the United States, and regional energy infrastructure continue to affect oil markets. Investors remain concerned that further disruptions could keep energy prices elevated and prolong inflationary pressures.
Why It Matters
The return of inflation above 4% highlights the continuing influence of geopolitical events on the global economy. Energy remains one of the most important inputs across nearly every sector, meaning sustained price increases can affect transportation, manufacturing, food production, and household budgets.
Higher inflation also impacts interest rates, borrowing costs, investment decisions, and government fiscal planning. As central banks attempt to balance inflation control with economic growth, markets may experience increased volatility.
Why It Matters to Foreign Currency Holders
Foreign currency holders should monitor inflation trends closely because they directly influence monetary policy and exchange rates.
Key implications include:
• Potential delays in Federal Reserve rate cuts
• Continued strength in the U.S. dollar
• Increased volatility across global currency markets
• Higher borrowing costs for emerging economies
• Greater pressure on nations dependent on imported energy
Implications for the Global Reset
Pillar 1: Energy Remains a Primary Economic Driver
The inflation surge demonstrates that energy security remains central to global economic stability. Nations are increasingly seeking alternative supply chains and energy sources to reduce vulnerability to geopolitical disruptions.
Pillar 2: Higher Inflation Strengthens Monetary Policy Influence
Persistent inflation increases the likelihood that central banks will maintain restrictive monetary policies, affecting debt markets, currencies, and investment flows worldwide.
Pillar 3: Economic Realignment Accelerates
As nations respond to inflation, energy uncertainty, and shifting trade patterns, efforts to diversify reserves, payment systems, and supply chains may continue to gain momentum.
Future Outlook
The coming months will be critical as policymakers evaluate whether elevated inflation is temporary or becoming entrenched. Future movements in energy prices, particularly those tied to Middle East developments, will likely play a major role in determining inflation trends.
Markets will also focus on upcoming Federal Reserve decisions and whether policymakers signal a willingness to maintain higher interest rates for an extended period. Continued inflationary pressures could affect economic growth, consumer spending, and global investment flows throughout the remainder of the year.
When energy prices rise, inflation follows—and the ripple effects can reshape currencies, markets, and the future architecture of global finance.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Crypto Briefing — "US Inflation Hit Three-Year High in May as Iran War Kept Energy Prices Elevated"
U.S. Bureau of Labor Statistics — "Consumer Price Index Summary"
~~~~~~~~~~
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Thank you Dinar Recaps
Coffee with MarkZ, joined by Andy Schectman and Zester. 06/10/2026
Coffee with MarkZ, joined by Andy Schectman and Zester. 06/10/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: PMF and HCL seem to dominate Iraqi news, inflation, gold, wars, and a frayed society. We are joined first by Andy Schectman today and then Zester joins for a digital update.
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
Coffee with MarkZ, joined by Andy Schectman and Zester. 06/10/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: PMF and HCL seem to dominate Iraqi news, inflation, gold, wars, and a frayed society. We are joined first by Andy Schectman today and then Zester joins for a digital update.
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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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
Iraq and Indonesia News Posted by Tishwash at TNT 6-10-2026
TNT:
Tishwash: Iraq is moving towards balancing programs with US support and in coordination with the World Bank.
Iraqi Finance Minister Faleh Sari discussed on Wednesday with the US Chargé d'Affaires to Iraq, Joshua Harris, prospects for economic cooperation between Baghdad and Washington and ways to strengthen the partnership with US financial institutions, while both sides affirmed their support for the path of economic and financial reforms.
The Ministry of Finance said in a statement, reported by Shafaq News Agency, that the minister stressed that the government has given the economic file high priority within its program, noting that the next stage will witness reforms aimed at addressing economic and financial challenges in a radical way, and in cooperation with international partners.
TNT:
Tishwash: Iraq is moving towards balancing programs with US support and in coordination with the World Bank.
Iraqi Finance Minister Faleh Sari discussed on Wednesday with the US Chargé d'Affaires to Iraq, Joshua Harris, prospects for economic cooperation between Baghdad and Washington and ways to strengthen the partnership with US financial institutions, while both sides affirmed their support for the path of economic and financial reforms.
The Ministry of Finance said in a statement, reported by Shafaq News Agency, that the minister stressed that the government has given the economic file high priority within its program, noting that the next stage will witness reforms aimed at addressing economic and financial challenges in a radical way, and in cooperation with international partners.
The minister revealed a government trend towards preparing a program budget and gradually moving away from the traditional budget system, with the aim of raising the efficiency of spending and linking financial allocations to goals and results, in line with the requirements of financial and administrative reform.
For his part, the US Chargé d'Affaires affirmed his country's support for the Iraqi government and its readiness to enhance economic and financial cooperation, in a way that contributes to supporting stability and achieving sustainable economic growth in Iraq.
This trend coincides with what the government spokesman, Haider al-Aboudi, announced, that the Council of Ministers approved a directive to proceed with drafting a "program budget" in coordination with the World Bank and the Parliamentary Finance Committee, within the framework of economic reform. link
Tishwash: Ministry of Oil: Iraq's share of the OPEC+ production increase is 26,000 barrels per day
The Ministry of Oil revealed the size of the increase allocated to Iraq within the recent OPEC+ decision to raise oil production levels.
Ministry spokesman Salim al-Rikabi said that the OPEC+ group decided to increase production by 188,000 barrels per day, noting that Iraq's share of this increase is 26,000 barrels per day.
Al-Rikabi explained that the new increase will come into effect starting next July, within the framework of the understandings reached by the member states of the oil alliance.
Oil Minister Bassem Mohammed Khudair participated in the OPEC+ meeting held via closed-circuit television, where it was agreed to increase production by 188,000 barrels per day, distributed among seven countries: Iraq, Saudi Arabia, Russia, Kuwait, Kazakhstan, Algeria, and Oman. link
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Tishwash: The Iraqi government announces the establishment of a $150 billion development fund and sets a date for the end of the weapons collection campaign.
Iraqi government spokesman Haider al-Aboudi announced on Wednesday that the cabinet has decided to establish a development fund project with international guarantees and contributions amounting to $150 billion to achieve economic stability through investment. He also revealed that the timeframe for implementing the plan to restrict weapons to the state ends by next September, coinciding with the withdrawal schedule of international coalition forces from the country.
Al-Aboudi said during a press conference attended by Shafaq News Agency in Baghdad that the government based its management of its files on a national vision supported by the mandate and confidence of the House of Representatives, stressing its determination to commit to restricting weapons completely to the hands of the state according to the timetables specified in the ministerial program, which ends next September, coinciding with the end of the tasks of the international coalition.
The government spokesman added that the Cabinet, under the direction of the Prime Minister, approved the formulation of a "program budget" in coordination and joint cooperation with the World Bank and the Parliamentary Finance Committee to advance economic reform in the country.
In response to a question from the agency's correspondent, Al-Aboudi explained that the Development Fund represents an investment vehicle completely independent of the state's general budget, and is based on international contributions from Iraq's friends with guarantees ranging from $100 billion to $150 billion, with the aim of promoting sustainable stability.
Al-Aboudi indicated that the Prime Minister’s upcoming visit to the United States will resolve many issues, mainly related to economic aspects, stressing that Iraq adopts balanced and parallel relations with all countries.
Regarding the relationship with the Kurdistan Region, Al-Aboudi stressed that the Prime Minister directed the oil companies operating in the region to work on increasing oil production, with the aim of reaching financial outcomes and radical solutions that are directly related to securing the salaries of the region’s employees and getting out of the current crises. link
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Tishwash: The coordinating framework announces its support for Al-Zidi's economic vision and affirms: a movement to prepare a national paper and complete the cabinet.
The Coordination Framework held its periodic meeting at the office of the head of the National Wisdom Movement, Mr. Ammar al-Hakim, in the presence of the Prime Minister, Mr. Ali Falih al-Zaidi, to discuss all the political, economic and service files included on the agenda.
A statement issued by the media office of the Coordination Framework, received by the Iraq Observer Agency, stated that the attendees discussed government affairs extensively, with the Prime Minister presenting a comprehensive vision for addressing the emergency economic crisis, reviewing a number of solutions that received the support and endorsement of the Coordination Framework forces, particularly the urgent proposals for addressing the electricity crisis and activating labor and social security laws in support of the private sector and the working class.
The statement added that the assembled forces agreed to prepare a unified paper called the Coordination Framework, which includes the most important national issues to be presented and discussed within the State Administration Coalition to reach an agreement on them, while emphasizing that all political forces stand behind the government in parliament, politically and in the media to ensure the success of its reform program, as well as agreeing on the need to expedite the completion of the cabinet as soon as possible. link
Tishwash: Indonesia surprises markets with an off-season interest rate hike to support the collapsing rupiah
Indonesia unexpectedly raised interest rates outside of its scheduled meetings, a rare move aimed at supporting the rupiah after a series of record declines. The central bank decided on Tuesday to increase the policy rate by 25 basis points to 5.50%, its first such move in eight years.
The bank explained that the decision came after the rupee had fallen at a faster pace than expected since the last meeting in May, when it raised interest rates by 50 basis points, exceeding estimates.
The move comes ahead of next week's Monetary Policy Committee meeting, at a time when the currency is under severe pressure after falling by about 8% since the start of the year and 7% since the outbreak of the war in Iran, making it one of the world's worst-performing currencies. Over the past three weeks, the rupee has recorded its biggest drop since 2020.
The central bank confirmed that raising interest rates represents "an additional measure to enhance exchange rate stability in light of high global volatility resulting from the war in the Middle East," in addition to being a proactive step to keep inflation within the target range during 2026 and 2027.
Temporary market recovery
The decision boosted the Indonesian currency, which closed at 18,050 against the dollar, after hitting a record low of 18,190 the previous day. The Jakarta stock exchange also rose 7.6%, despite having lost more than a third of its value since the beginning of 2026.
A tough battle to support the currency
Authorities are struggling to curb the rupee's decline, despite last month's aggressive interest rate hike and the depletion of nearly $12 billion in foreign exchange reserves this year in an attempt to defend the currency.
The rupee is under pressure from a number of factors that have worried investors, including President Prabowo Subianto’s massive spending plans, an inflated fuel subsidy budget, controversial commodity export policies, and doubts surrounding the central bank’s independence.
Interventions in the foreign exchange market have pushed reserves to their lowest level in nearly two years, after they fell by $1.3 billion in May to $144.9 billion, despite a government issuance of $3.5 billion in dollar and euro-denominated bonds.
Expectations of further tightening
Barclays Bank believes that the Indonesian central bank may continue monetary tightening, with an expected interest rate hike of another 25 basis points next week, and the possibility of resorting to a larger increase of up to 50 basis points.
He pointed to a similar precedent in 2013, when the bank raised interest rates in an emergency move and then lowered them later at the regular meeting, predicting that interest rate cuts would begin if the rupee stabilized.
Reassuring messages from the Central Bank
Bank Governor Pere Wargiu said foreign reserves were "more than sufficient" to support the currency, but declined to confirm a further rate hike soon, calling for waiting for next week's meeting.
He explained that the bank did not want to raise interest rates, but was forced to do so in order to attract investments, enhance the attractiveness of local assets, stabilize the currency, and curb inflation.
The rupee is expected to reach a range between 16,800 and 17,500 against the dollar by 2027, with continued intervention in domestic and foreign markets to support its stability.
Additional tools to attract funds
The central bank is also seeking to attract foreign investment by reducing the cost of hedging contracts by 10% for foreign investors, in addition to raising the returns on short and medium-term debt instruments.
Experts pointed out that bond yields in competing emerging economies such as Mexico, India and the Philippines remain high, increasing competition for capital flows. link
News, Rumors and Opinions Wednesday 6-10-2026
KTFA:
Clare: A member of parliament warns of the "erosion" of Iraq's cash reserves due to operational expenses.
6/9/2026
Kurdish MP Jamal Kojar warned on Tuesday of the "erosion" of Iraq's cash reserves due to the country's monthly operating expenses.
Kujer told Al-Furat News Agency, “The talk about concerns about the erosion of the cash reserve is due to the existence of facts that confirm the country’s need for at least 8 trillion dinars per month to cover operating expenses.”
KTFA:
Clare: A member of parliament warns of the "erosion" of Iraq's cash reserves due to operational expenses.
6/9/2026
Kurdish MP Jamal Kojar warned on Tuesday of the "erosion" of Iraq's cash reserves due to the country's monthly operating expenses.
Kujer told Al-Furat News Agency, “The talk about concerns about the erosion of the cash reserve is due to the existence of facts that confirm the country’s need for at least 8 trillion dinars per month to cover operating expenses.”
He added, "The financial resources are less than this amount, so we will definitely need to borrow, whether internally or externally, and these concerns are realistic under the current circumstances."
The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed in a press statement today that “about 40 million Iraqis depend directly or indirectly on government income,” stressing that any external borrowing should be “smart debt” for productive projects, not for consumption.
He added, "Corruption and kickbacks raise the cost of projects in Iraq by up to 45%."
Ragheed LINK
Clare: Kurdistan Integrity Commission announces a rewards system for whistleblowers reporting corruption cases.
6/9/2026
Integrity Commission in the Kurdistan Region announced on Tuesday the launch of a special project to grant financial rewards to those who report corruption cases and files, as part of its expanded strategy to combat financial and administrative corruption in the region.
The head of the Integrity Commission in the region, Ahmed Anwar, said in a press conference attended by Shafaq News Agency that the commission has begun activating the provisions of the Anti-Corruption Law in the region, which grants it the authority to award rewards to citizens who provide accurate and documented information about corruption cases, where the value of the reward is determined based on the size and importance of the case.
Anwar explained that the mechanism followed includes referring all information received from informants to the competent investigations division of the authority for verification and action, stressing that "the law guarantees full protection of the identity of informants; if a person wishes to keep his name secret, his information is included in a highly confidential system that no party has the right to access."
The head of the authority added that if the person who disclosed the corruption wishes to reveal his identity, his name will be included in the list of those cooperating with the authority publicly.
Regarding corruption indicators, Anwar revealed that the number of corruption cases that were prepared and referred to the judiciary during the past six months in the Kurdistan Region has recorded a significant increase compared to the second half of 2025.
He confirmed that the commission will issue a detailed report at the end of June, which will include an update to the list of cases referred to the judiciary, with the aim of strengthening coordination between the commission’s departments and the competent courts in the region to accelerate the pace of deciding on corruption cases. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 If you have the formation of the government then a lot of things become active, a lot of things are implemented. There's a domino effect that's going to occur. The opening of the budget is going to take us straight to what we want right away, the HCL, because it needs a new exchange rate...The HCL is #1...
Reset Intelligence There is no economic case for the dinar at 1,300. You do not harden a currency at the printing press. You harden it in the vault, and that is where this one is being made strong. $97 billion in reserves. A record 162 tons of gold. The floor is a political decision, not an economic one.
Jeff There's an upcoming US visit. They don't have a date set. It just says official trip to Washington announced...They're not going to give you a date...IMO he's [PM Zaidi] coming here after the rate has changed, after Iraq has stability...
Mnt Goat If you are so concerned about the budget for 2026 because you think the new RV rate is in it then you are WRONG, WRONG and WRONG... The RV rate we want is NOT stated in the budget tables nor will it ever be...The budget is based off of the price of oil per barrel not the rate of the dinar.
Why You’ll Buy $500 Silver — Gold to Go Parabolic in One Day: Michael Oliver, Clive Thompson
Daniela Cambone: 6-8-2026
What if the next move in gold and silver isn’t a gradual climb—but a historic, parabolic surge that leaves investors chasing $500 silver and scrambling to understand what just happened?
Michael Oliver and Clive Thompson join Daniela Cambone for a peak behind the curtains at what is next for Gold and Silver!
Iraq Economic News and Points To Ponder Wednesday Morning 6-10-26
Economic Expert: The Priority Is Not The Strength Of The Dinar, But Securing Financial Liquidity.
Baghdad Today – Baghdad On Saturday (June 6, 2026), economist Ziad Al-Hashemi commented on the statements of the Prime Minister’s advisors regarding the government’s measures to stabilize the value of the Iraqi dinar and maintain its purchasing power, considering that the current timing is not appropriate for this economic discourse.
Al-Hashemi said in a post on social media, which was followed by “Baghdad Today”, that “the Iraqi Prime Minister’s office is talking about the government’s work to stabilize (the value of the Iraqi dinar) and maintain its purchasing power,” indicating that “in general this approach is good and required in principle, but now is not the time to talk about the value of the dinar or its purchasing power.”
Economic Expert: The Priority Is Not The Strength Of The Dinar, But Securing Financial Liquidity.
Baghdad Today – Baghdad On Saturday (June 6, 2026), economist Ziad Al-Hashemi commented on the statements of the Prime Minister’s advisors regarding the government’s measures to stabilize the value of the Iraqi dinar and maintain its purchasing power, considering that the current timing is not appropriate for this economic discourse.
Al-Hashemi said in a post on social media, which was followed by “Baghdad Today”, that “the Iraqi Prime Minister’s office is talking about the government’s work to stabilize (the value of the Iraqi dinar) and maintain its purchasing power,” indicating that “in general this approach is good and required in principle, but now is not the time to talk about the value of the dinar or its purchasing power.”
He added that "the critical problem now is not the value or strength of the dinar, but rather the availability of the dinar. The government is clearly suffering from a lack of sufficient dinars to sustain its work and pay salaries on time, as a result of the decline in oil revenues to their lowest level."
He pointed out that "the government was required to speak transparently and to tell the people the extent of the problem, what its emergency plan is to deal with the shortage of dinar liquidity in its treasury, and what its procedures are to provide the liquidity required to feed public finances during this month and the coming months."
The economist explained: “As for talking about the value of the dinar, its purchasing power, and the inflation rate, this can be postponed to the future and after overcoming the current suffocating financial crisis that complicates the work of the Iraqi government and prevents it from performing its financial duties as it should,” stressing that “such statements about the value of the dinar are appropriate for normal conditions and not in an exceptional emergency situation in which the government is suffering from a shortage of dinars.” https://baghdadtoday.news/300815-.html
Iraq Is Moving Towards Balancing Programs With US Support And In Coordination With The World Bank.
Money and Business Economy News – Baghdad Finance Minister Faleh Sari discussed on Wednesday with the US Chargé d'Affaires to Iraq, Joshua Harris, prospects for economic cooperation between Baghdad and Washington and ways to strengthen the partnership with US financial institutions, while both sides affirmed their support for the path of economic and financial reforms.
The Ministry of Finance said in a statement received by "Al-Eqtisad News" that the minister stressed that the government has given the economic file high priority within its program, noting that the next stage will witness reforms aimed at addressing economic and financial challenges in a radical way, and in cooperation with international partners.
The minister revealed a government trend towards preparing a program budget and gradually moving away from the traditional budget system, with the aim of raising the efficiency of spending and linking financial allocations to goals and results, in line with the requirements of financial and administrative reform.
For his part, the US Chargé d'Affaires affirmed his country's support for the Iraqi government and its readiness to enhance economic and financial cooperation, in a way that contributes to supporting stability and achieving sustainable economic growth in Iraq.
This trend coincides with what the government spokesman, Haider al-Aboudi, announced, that the Council of Ministers approved a directive to proceed with drafting a "program budget" in coordination with the World Bank and the Parliamentary Finance Committee, within the framework of economic reform. https://www.economy-news.net/content.php?id=70077
The Prime Minister's Spokesperson: Salaries For Employees And Retirees Are Secured And There Is No Printing Of Currency.
Money and Business Economy News – Baghdad The spokesperson for the Prime Minister, Haider al-Aboudi, confirmed on Wednesday that the Prime Minister's upcoming visit to the United States will include important files and initiatives.
Speaking at a press conference held at the Council of Ministers and covered by "Al-Eqtisad News," al-Aboudi stated, "Based on the directives of Prime Minister Ali al-Zaidi, the government has decided to adopt a program-based budget in coordination with the World Bank and the Parliamentary Finance Committee to gradually enhance economic reforms."
He added, "The Prime Minister has adopted the Development Fund project through effective international contributions, with an initial target of $100 billion, which could reach $250 billion." He pointed out that "the Development Fund is an investment vehicle funded by international contributions from Iraq's friends, and these contributions will cover the requirements of the development situation."
Al-Aboudi explained that "the government is adopting a program-based budget, but the Prime Minister has reservations about the current budget approach, believing it does not meet aspirations. He considers a program-based budget to be the best option at this stage." He reiterated that "the Prime Minister's upcoming visit to the United States will include important files and initiatives." https://www.economy-news.net/content.php?id=70076
2027 knocks on the government's doors early... Time constraints and crises push Baghdad to exceed the 2026 budget.
Baghdad Today – Baghdad A government official revealed on Monday (June 8, 2026) that the government is moving towards preparing the draft general budget for 2027, in light of technical and financial difficulties that make preparing and approving an independent budget for 2026 a very complicated matter, after more than half of the current fiscal year has passed.
The official told Baghdad Today that "the remaining time in this year is no longer sufficient to prepare and approve a new budget for 2026, which prompted the government to focus on laying the foundations and estimates for the 2027 budget in line with the current economic reality."
He explained that this trend comes in light of increasing economic and financial challenges facing Iraq, as a result of rapid regional developments and their direct impact on energy markets and international trade.
He added that "the halt in oil exports due to the closure of the Strait of Hormuz against the backdrop of the ongoing war in the region has imposed additional pressure on public revenues and the government's financing capacity," noting that the relevant authorities are monitoring economic developments on a daily basis to assess the extent of the potential repercussions.
The official stressed that the government is working on preparing realistic financial estimates for the upcoming budget, taking into account current economic variables, in order to ensure the sustainability of public spending and secure the state’s basic obligations, foremost among them salaries, services and vital projects.
Iraq faces increasing financial challenges due to its heavy reliance on oil revenues, which constitute the largest share of its general budget. With escalating regional tensions and disruptions to oil exports, concerns are growing about the impact on government spending and development plans, prompting authorities to reassess their financial priorities and develop more flexible scenarios for the coming years. https://baghdadtoday.news/300859-2027-2026.html
Zaidi’s Government Adapt Long-Term Plan To Revive Iraqi Dinar
Iraq Jawad Al-Samarraie The new headquarters of the Central bank of Iraq (CBI). Photo: Zaha Hadid Architects
Baghdad (IraqiNews.com) – The financial advisor to the Prime Minister, Mudher Mohammad Saleh, announced on Saturday, June 6, 2026, that the government of Ali Falih al-Zaidi has adopted a comprehensive package of long-term reformative measures designed to shield the purchasing power of the Iraqi dinar and curb inflation.
Saleh explicitly ruled out any possibility of raising the national currency’s value through abrupt, short-term administrative decrees, stating that sustainable monetary strength relies on deep structural overhauls rather than quick political fixes.
According to Saleh, the current government strategy has successfully stabilized market prices for consumer goods by channeling import financing through official banking systems, backed heavily by the state’s foreign currency reserves. This monetary control has been further reinforced by the physical expansion of modern, state-backed cooperative grocery networks and advanced marketing frameworks.
These parallel commercial steps have significantly diminished the influence of the informal shadow exchange market on the domestic pricing system, helping cap inflationary pressures.
However, the financial advisor issued a stark warning regarding active macroeconomic variables putting downward pressure on the dinar. Chief among these threats are rigid geopolitical constraints imposed on global energy markets, escalating regional conflicts, and the resulting volatility in foreign currency inflows and overall economic confidence. Saleh noted that an over-reliance on volatile crude oil revenues, unchecked monetary expansion, and any future drops in official reserves pose direct risks to the country’s fiscal health.
To permanently secure the currency, Saleh emphasized that the government is actively working on a long-term economic transition plan. This framework focuses on aggressively building up foreign exchange reserves, diversifying national income streams away from oil dependence, and stabilizing the country’s balance of payments.
Furthermore, the administration’s roadmap relies heavily on accelerating commercial banking sector reforms, rapidly expanding digital and electronic payment tools, and widening national financial inclusion to systematically dismantle the parallel market’s leverage over the national economy.
https://www.iraqinews.com/iraq/iraq-dinar-purchasing-power-monetary-policy-reforms-2026/
Seeds of Wisdom RV and Economics Updates Wednesday Morning 6-10-26
Good Morning Dinar Recaps,
Dollar Holds Firm as Iran Tensions and Inflation Risks Keep Global Markets on Alert
Geopolitical uncertainty in the Middle East and expectations for future interest-rate decisions are reinforcing the U.S. dollar’s central role in the global financial system.
Good Morning Dinar Recaps,
Dollar Holds Firm as Iran Tensions and Inflation Risks Keep Global Markets on Alert
Geopolitical uncertainty in the Middle East and expectations for future interest-rate decisions are reinforcing the U.S. dollar’s central role in the global financial system.
Overview
The U.S. dollar remained relatively stable as investors weighed two major market drivers: renewed tensions between the United States and Iran and anticipation surrounding key U.S. inflation data. While recent military exchanges near the Strait of Hormuz have raised concerns about energy security and regional stability, markets have largely avoided panic, instead focusing on how inflation trends may influence future Federal Reserve policy.
At the same time, rising expectations that major central banks may keep interest rates elevated have helped support the dollar. Investors are also watching developments in Japan and Europe, where policymakers face growing pressure to respond to persistent inflation and changing economic conditions.
Key Developments
1. U.S.-Iran Tensions Support Safe-Haven Demand
Recent military exchanges between Washington and Tehran have renewed concerns about stability in the Gulf region. Historically, geopolitical uncertainty tends to increase demand for the U.S. dollar as investors seek perceived safety during periods of market stress.
2. Inflation Data Becomes the Market’s Main Focus
Investors are closely monitoring upcoming U.S. Consumer Price Index (CPI) data for clues regarding the Federal Reserve's next policy move. Stronger-than-expected inflation could reinforce expectations that interest rates will remain higher for longer.
3. Federal Reserve Policy Remains a Key Driver
Recent economic data has continued to show resilience in the U.S. economy. Persistent inflation and strong employment figures have strengthened speculation that the Federal Reserve may delay rate cuts, providing continued support for the dollar.
4. Global Central Banks Face Growing Pressure
Beyond the United States, policymakers in Japan and Europe are confronting their own inflation challenges. Expectations that the Bank of Japan could continue tightening policy and that the European Central Bank may maintain a cautious stance are contributing to currency market volatility.
5. Energy Markets Remain Vulnerable
The ongoing situation surrounding the Strait of Hormuz continues to pose risks to global oil supplies. Any disruption to one of the world's most important energy transit routes could drive oil prices higher and create additional inflationary pressures worldwide.
Why It Matters
The dollar's stability highlights the powerful relationship between geopolitical events and monetary policy expectations. While conflicts often generate short-term safe-haven demand, long-term currency trends are increasingly shaped by central bank decisions and inflation dynamics.
For global financial markets, the combination of elevated energy risks and higher interest rates creates a challenging environment. A stronger dollar can increase borrowing costs worldwide, place pressure on emerging markets, and influence commodity prices across multiple sectors.
Why It Matters to Foreign Currency Holders
Foreign currency holders should pay close attention to developments because dollar strength often impacts exchange rates, commodity prices, and international capital flows.
Potential effects include:
• Increased volatility across global currency markets
• Higher borrowing costs for emerging economies
• Pressure on countries carrying significant dollar-denominated debt
• Shifts in international trade settlement patterns
• Greater interest in alternative reserve assets and payment systems
Implications for the Global Reset
Pillar 1: The Dollar Remains the World's Safe-Haven Currency
Despite ongoing discussions about de-dollarization, global uncertainty continues to drive investors toward U.S. assets during times of crisis, reinforcing the dollar's dominant role.
Pillar 2: Inflation Is Reshaping Monetary Policy Worldwide
Central banks across major economies are navigating persistent inflation pressures, creating a new environment where interest rates may remain structurally higher than in the previous decade.
Pillar 3: Energy Security Continues to Influence Global Finance
Events near the Strait of Hormuz demonstrate how energy supply disruptions can quickly affect currencies, inflation expectations, and financial markets worldwide.
Future Outlook
Markets will remain focused on two critical factors: U.S. inflation data and developments in the Middle East. A stronger inflation reading could strengthen the dollar further by increasing expectations for prolonged higher interest rates.
At the same time, any escalation involving Iran and the United States could trigger additional safe-haven flows into the dollar and increase volatility across energy and currency markets. Investors will also be watching upcoming policy decisions from the Federal Reserve, the European Central Bank, and the Bank of Japan for signals about the next phase of global monetary policy.
When geopolitical tensions collide with inflation fears, the world's reserve currency becomes the focal point of global financial stability.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
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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
When Leaving Your Home State Becomes a Duty
When Leaving Your Home State Becomes a Duty
Notes From the Field By James Hickman (Simon Black / Sovereign Man) June 9, 2026
In the year 1863, at the height of the Civil War in the United States that must have seemed at the time like an irrecoverable national death, a former bookkeeper turned entrepreneur built an oil refinery in Cleveland’s up-and-coming industrial area in order to capitalize on the market for kerosene.
His name was John Rockefeller. And within twenty years he would control close to 90% of the oil in America. And his Standard Oil would become the largest and most powerful company ever seen.
When Leaving Your Home State Becomes a Duty
Notes From the Field By James Hickman (Simon Black / Sovereign Man) June 9, 2026
In the year 1863, at the height of the Civil War in the United States that must have seemed at the time like an irrecoverable national death, a former bookkeeper turned entrepreneur built an oil refinery in Cleveland’s up-and-coming industrial area in order to capitalize on the market for kerosene.
His name was John Rockefeller. And within twenty years he would control close to 90% of the oil in America. And his Standard Oil would become the largest and most powerful company ever seen.
The trouble was holding it together. Standard Oil was comprised of a complex network of subsidiaries, and you practically had to be an engineer just to understand the structure.
The problem was that, in most states, a corporation wasn't even allowed to own another corporation.
That restriction sounds strange today, but back then the corporation was still a young, distrusted creature of the state, chartered to do one thing— for example, run a railroad or a bank— with privileges no ordinary person enjoyed.
Industrialization was minting a handful of staggeringly rich men— the titans a later generation would call “robber barons”— and the public watched them swallow up entire industries. People feared that letting one corporation own another corporation would stack company on company until the combination was beyond the reach of any single state.
So Rockefeller ran his empire through a workaround.
On January 2, 1882, he and eight fellow “trustees” signed the agreement creating the Standard Oil Trust, a small group of men who held the stock of some forty companies— refiners, pipelines, and distributors— and ran the whole thing as a single entity.
Great idea, but it was fragile. The trust had no real legal home, and the states Standard Oil operated in were beginning to notice.
In 1892, Ohio's attorney general hauled the company before the state Supreme Court and successfully argued his case; the court agreed, and ruled that Standard Oil had no right to hand itself over to out-of-state trustees. Consequently, Rockefeller had to cut all ties with the trust. And it appeared on paper that the whole arrangement was broken up.
Rockefeller went shopping to find a friendly state government that would let him keep control. And back in the late 1800s, there was exactly one place to do that.
New Jersey, hungry for revenue, rewrote its corporation law in 1888 and 1889 to let state-chartered companies own as many subsidiary companies as they wanted.
Under this new New Jersey law, for the first time a giant could put its whole empire under one legal roof— for a modest fee to the state.
It was purpose-built for the kind of company Rockefeller had. So in 1899, he reincorporated the entire empire as the Standard Oil Company of New Jersey: a single holding company that owned everything.
Initially, other states felt betrayed.
In 1905 the muckraker Lincoln Steffens branded New Jersey a "Traitor State" for getting rich by selling friendly charters to the monopolies while other states were trying to rein in those same monopolies.
New Jersey had made itself the best place in America to be a big, successful company, and it was eating everyone else's lunch. That is, until New Jersey's own governor, Woodrow Wilson, ruined it. In 1913, in his final weeks as governor before leaving for the White House, he pushed through seven antitrust laws aimed at the very corporations the state had courted for a generation.
(Of course Wilson was just warming up. That same year he'd help ruin the whole country with the Federal Reserve and the federal income tax.)
Companies shopping for a friendly charter then shifted to Delaware, which had quietly copied New Jersey's law in 1899. New Jersey repealed Wilson’s anti-trust laws within a few years, but by then it was too late; Delaware had become the gold standard.
(Now Delaware has screwed it up and companies are redomiciling in Texas and Wyoming.)
Over the next century New Jersey became one of the most heavily taxed and regulated states in the country, and today it carries the highest corporate tax rate in the nation.
Yet Rockefeller's old empire kept its New Jersey home through it all.
When the Supreme Court broke Standard Oil into 34 companies in 1911, the largest piece was Standard Oil of New Jersey— which became Exxon, then ExxonMobil. And they remaind incorporated in New Jersey for 127 years.
Until now.
Just a few weeks ago, ExxonMobil shareholders voted 71% to move the company's legal home from New Jersey to Texas.
Perhaps the final straw came in 2022, when New Jersey's attorney general sued the company, along with the other oil majors, for allegedly “deceiving” the public about climate change.
Apparently it’s a private company’s responsibility to preach the Green Gospel to the world. Courts disagreed, and a judge threw out the lawsuit in 2025.
But the message was unmistakable: the companies that produce the energy powering modern life were no longer welcome in New Jersey.
New Jersey was joining a pile-on that had been building for years. In 2021, a tiny activist fund called Engine No. 1, holding a tiny amount of Exxon's stock, won three seats on its board. That hedge fund’s big idea was that the largest oil company on earth should pump less oil.
But Exxon refused to be run by people who wanted it to shrink. It beat the activists back— and its shareholders finished the job, voting the company out of New Jersey for good.
Granted, the move was almost ceremonial.
A company's legal home and its actual headquarters aren't the same thing: Exxon has been headquartered in Texas since 1989, while only its legal state of incorporation remained in New Jersey.
The vote didn't move a single desk. It just made the paperwork match a reality that had been true for decades— and fully aligned the company with a state that treats a profitable energy producer as a value creator, not a defendant.
And that is actually the point.
Exxon didn't bolt in a panic. It had watched New Jersey turn hostile for years. Slowly, over time, it weighed its options and prepared. The move wasn't impulsive— it was calculated long in advance.
This is not disloyalty, any more than New Jersey was a "traitor" for once being the friendliest place in America to do business.
Both were rational moves dressed up as betrayal (just as ExxonMobil is now being blasted for leaving New Jersey). You cannot expect to keep a company, or a person, or their capital, in a place that punishes them for succeeding.
In fact, for Exxon it was more than rational; it was a fiduciary duty. A board is legally bound to do what's best for its shareholders.
And as a father, I’d say a man owes his family the same kind of obligation to prepare— to study the world honestly and rationally, to line up options early, and to keep them ready, so that if the day ever comes, the groundwork is already done.
That is what having a Plan B actually means.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
MilitiaMan & CREW IRAQ DINAR UPDATE-"The Convergences Tightening: Iraq's Full Integration is Becoming Reality"
MilitiaMan & CREW IRAQ DINAR UPDATE-"The Convergences Tightening: Iraq's Full Integration is Becoming Reality"
6-9-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
MilitiaMan & CREW IRAQ DINAR UPDATE-"The Convergences Tightening: Iraq's Full Integration is Becoming Reality"
6-9-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..