“Bits and Pieces” in Dinarland Sunday 4-6-2025
KTFA:
Clare: Iraq faces economic pressures... US tariffs could be the beginning of upcoming challenges.
4/6/2025
Economic expert Salah Nouri confirmed on Saturday that the government may be forced to revise its general budget estimates in light of emerging economic challenges, particularly with shifts in oil revenues and remittances from the US.
Nouri told Al Furat News Agency that "Iraq will not be directly affected by the new US customs duties on oil exports, as Iraqi oil exports to the United States are not included in these duties."
He explained that "although Iraq imposes customs duties on luxury cars imported from the United States, Baghdad may face future pressure to reduce these duties."
He added, "It is likely that Washington will take certain measures to pressure Iraq in this regard, but these scenarios remain mere expectations at the present time."
From.. Raghad LINK
Clare: The Iraqi Oil Ministry completes the project to connect 28,000 tankers to the GPRS system.
4/6/2025
The Oil Products Distribution Company, a subsidiary of the Iraqi Ministry of Oil, announced on Sunday the completion of a project to connect tankers to the GPRS (tank tracking system), after including more than 28,000 government and private tankers in the project.
The company's general manager, Hussein Talib Abboud, said in a statement received by Shafaq News Agency that the project was completed with continuous follow-up from Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, noting that it represents part of a larger project to automate the distribution sector across the country. He explained that the system contributes to electronic and security monitoring of the movement of petroleum products, and significantly reduces smuggling and trafficking operations.
Aboud added that the system is linked to a unified data center that monitors tanker traffic around the clock. This data can be accessed when needed to track the vehicle's route and stops. He noted that the project was implemented in cooperation with the Ministry of Communications/Al Salam General Company.
For his part, the Director of the Inspection Authority, Alaa Adnan, explained that the Authority is continuing to adopt modern technology and applications in its inspection work, noting that the company has begun to reap the benefits of the GPRS system in reducing smuggling and tampering, and ensuring that petroleum products reach their intended beneficiaries. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 The President of the United States of America just put tariffs on Iraq...Did you expect that? We got their currency in our reserves. Seems to me Donald Trump is holding some dinars himself too. Why wouldn't he? I find it interesting that Donald Trump puts tariffs on Iraq...I think it was 39%. But you know what? He didn't put it on their energy. Brilliant. Because the energy is the foundation of the new exchange rate. The oil...Iraq has tariffs on us...78%...Trump wants a fair deal with every country...President Trump wants Iraq to remove [the 78%], then Trump will remove the 39% he just put on Iraq. It will help Iraq come out with a new exchange rate.
MarkZ [via PDK] I do have some Wealth management/redemption contacts working tomorrow. I know a couple will be landing in a redemption area on Tuesday and they hope it’s to work and start 4b exchanges. They are trained to help with tier 4b...There is a lot of hopeful movement out there. Let’s see if they actually get to do something. There is a also a very large US delegation will soon be arriving in Iraq. Roughly around Tuesday... In the banks – they are starting to see rates populate again...rates would fluctuate between $4.05 to $5 on the dinar. Don’t know if that is the real value or a placeholder…but many think that is where the dinar value should be.
Bank Stocks Collapsing; Panic Is Imminent | Michael Oliver
Liberty and Finance: 4-5-2025
Michael Oliver shares his views on the financial markets. He discusses the deflation of the stock market bubble and highlights the growing turmoil within the banking sector.
Michael predicts that the Federal Reserve will soon need to implement more monetary easing to stabilize the economy.
Despite recent pullbacks in precious metals, he remains bullish on gold and silver, particularly silver, which he believes is poised for a strong surge.
His insights suggest that precious metals could be a key area of opportunity as the Fed takes action in the coming months.
INTERVIEW TIMELINE
0:00 Intro
1:30 Stock market sell-off
6:38 Gold & stock market connection
12:24 Gold vs. silver
16:00 Banking sector
18:54 LMBA gold outflow
21:10 Miners
23:20 Shift into gold
24:55 Momentum Structural Analysis
