
If tomorrow is “Liberation Day”, today is “Rational Day”
If tomorrow is “Liberation Day”, today is “Rational Day” [Podcast]
Notes From the Field By James Hickman (Simon Black) April 1, 2025
Tomorrow is being billed as Liberation Day— where tariffs will supposedly free America from those pesky, parasitic foreign markets.
But what’s actually going to happen?
This is the subject of today’s podcast.
If tomorrow is “Liberation Day”, today is “Rational Day” [Podcast]
Notes From the Field By James Hickman (Simon Black) April 1, 2025
Tomorrow is being billed as Liberation Day— where tariffs will supposedly free America from those pesky, parasitic foreign markets.
But what’s actually going to happen?
This is the subject of today’s podcast.
We discuss:
How odd it is that no Liberation Day details have leaked... which makes us wonder if there actually are any plans or details to leak.
If this administration truly believes tariffs are so obviously great for the economy, why would they wait until now instead of doing it day one, as they did with so many other executive actions?
What might actually unfold, and what it means for markets that are already jittery.
Questions any rational investor should ask themselves about their goals— for example, are you speculating on share price, or investing in a company’s long term prospects?
Will tariffs make successful companies immediately and permanently less valuable?
To answer these questions, we bring up examples of well managed, value companies we present to our investment research subscribers, particularly undervalued real asset businesses.
One example’s entire market valuation is less than the cash it has in the bank. Plus it’s profitable and pays a dividend.
Finally, we discuss:
The long shot scenario of what would need to occur for tariffs to actually work as intended.
The very plausible scenario that America could become a manufacturing powerhouse again—not thanks to tariffs, but technology.
The surprising company we identify which likely stands to gain the most from this AI/ automation/ robotics boom.
If tomorrow is “Liberation Day,” then today is the day to be rational.
I encourage you to give it a listen. You can listen in here.
(For the audio-only version, check out our online post here.)
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-1-25
Good Evening Dinar Recaps,
MASTERCARD WORKING ON BLOCKCHAIN TO CONNECT TRADFI AND CRYPTO: REPORT
Mastercard is developing a blockchain-powered Multi-Token Network to connect traditional financial institutions with the digital asset space.
The initiative, led by Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets, aims to provide a compliant, user-friendly experience for moving digital assets, similar to Venmo or Zelle, according to Business Insider
Good Evening Dinar Recaps,
MASTERCARD WORKING ON BLOCKCHAIN TO CONNECT TRADFI AND CRYPTO: REPORT
Mastercard is developing a blockchain-powered Multi-Token Network to connect traditional financial institutions with the digital asset space.
The initiative, led by Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets, aims to provide a compliant, user-friendly experience for moving digital assets, similar to Venmo or Zelle, according to Business Insider
Mastercard is positioning itself as a key infrastructure provider in the growing blockchain ecosystem. By integrating its vast payment network with blockchain technology, the company seeks to enable seamless transactions between fiat and crypto markets.
Dhamodharan highlighted that financial institutions are increasingly interested in blockchain due to its potential to create new business models.
Mastercard partnerships
The network has already secured partnerships with JPMorgan and Standard Chartered, focusing on cross-border payments, tokenized deposits, and carbon credit transactions.
Mastercard has also introduced over 100 crypto-focused card programs worldwide, allowing its 3.5 billion cardholders to interact with digital assets.
Since 2015, Mastercard has filed over 250 blockchain-related patents and backed 43 startups in the sector. Recent collaborations include a November 2024 integration with JPMorgan to improve cross-border settlements and a February 2025 partnership with Ondo Finance to bring institutional financial assets on-chain.
Mastercard’s blockchain expansion comes as U.S. regulators provide more clarity on digital assets, encouraging traditional finance firms to engage with crypto. Dhamodharan believes the company is well-positioned to capitalize on this momentum, leveraging its scale to drive broader blockchain adoption.
@ Newshounds News™
Source: Crypto News
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UK DIGITAL ASSET EXCHANGE ARCHAX EXPANDS TO US WITH ACQUISITION
UK digital asset exchange Archax has acquired Globacap Private Markets Inc. (Globacap PMI) a US regulated broker dealer and alternative trading system (ATS). It bought the US company from fellow British startup Globacap which provides workflow solutions for private markets and is also active in the digital assets sector.
"The acquisition of Globacap PMI in the US builds on the strong partnership we already have with them in the UK, and is a part of that global strategy," said Graham Rodford, CEO and co-founder of Archax.
“In particular, we want to help support institutional market participants transition from traditional to digital assets and give them the regulated tools and services they need to do that. The US is an enormous and important global market – and with the recent change of government and new, clearer and more open regulated landscape, it is important for firms in our space to have a clear US strategy – and this transaction gives us just that.”
Archax has a multilateral trading facility (MTF) license in the UK and recently acquired a Spanish broker to give it a footprint in the EU. It trades both cryptocurrencies and tokenized securities, targeting institutions. It grabbed headlines when it revealed the big UK asset manager abrdn as an investor in 2022.
To date its tokenization efforts has especially focused on funds, but also bonds and carbon credits. In January it announced plans to tokenize existing equities and government debt so they are usable as DLT-based collateral.
@ Newshounds News™
Source: Ledger Insights
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Gold Reset On The Horizon | John Rubino
Gold Reset On The Horizon | John Rubino
Liberty and Finance: 3-31-2025
The global economic landscape is anything but tranquil, and in a recent interview with Liberty and Finance, financial expert John Rubino dissected the key factors driving market volatility, from soaring gold prices to the potential for a currency reset and the surprising movements in the silver market.
Rubino offered a stark yet insightful perspective on the interplay between central bank actions, geopolitical tensions, and the surge of retail investors influencing previously established market dynamics.
Gold Reset On The Horizon | John Rubino
Liberty and Finance: 3-31-2025
The global economic landscape is anything but tranquil, and in a recent interview with Liberty and Finance, financial expert John Rubino dissected the key factors driving market volatility, from soaring gold prices to the potential for a currency reset and the surprising movements in the silver market.
Rubino offered a stark yet insightful perspective on the interplay between central bank actions, geopolitical tensions, and the surge of retail investors influencing previously established market dynamics.
The surge in gold prices has been a major talking point, and Rubino points a finger directly at central banks as a primary driver. Their voracious appetite for gold, accumulating reserves at an unprecedented pace, is fundamentally altering the supply-demand equation.
This central bank accumulation, often driven by a desire to diversify away from the dollar and hedge against geopolitical risks, adds significant upward pressure on the precious metal. Rubino suggests this trend signifies a growing unease amongst global institutions about the stability of the current financial system, potentially foreshadowing a larger shift.
Beyond central bank buying, Rubino emphasizes the crucial role of geopolitical instability in fueling gold’s rise. From the ongoing conflict in Ukraine to rising tensions in the South China Sea, the global political landscape is fraught with uncertainty. This instability drives investors towards safe-haven assets like gold, further accelerating its upward trajectory.
Rubino doesn’t shy away from discussing the possibility of a currency reset, a scenario where the existing international monetary system undergoes a significant overhaul.
He argues that the unsustainable levels of debt in many developed nations, coupled with geopolitical pressures, could force a realignment of global currencies. In such a scenario, gold would likely play a crucial role as a stabilizing force and a store of value.
The conversation also delves into the often-overlooked silver market, where retail investors have attempted to orchestrate a “squeeze,” aiming to drive up prices by overwhelming short sellers. While the initial attempts saw limited success, Rubino highlights the potential for retail investors to exert increasing influence on market dynamics, particularly in smaller, more volatile markets like silver.
This signals a democratization of investing, where ordinary individuals can collectively challenge established market participants.
Rubino is critical of government interventions in markets, arguing that they often create distortions and unintended consequences. He points to instances where governments have attempted to manipulate currency values or artificially suppress interest rates, arguing that these actions ultimately undermine market efficiency and create long-term instability.
He believes that allowing markets to operate freely, while potentially leading to short-term volatility, is essential for long-term economic health.
The discussion extends beyond the purely financial realm, exploring the evolving political landscape in Europe. Rubino notes the rise of populist movements across the continent, driven by concerns about immigration, economic inequality, and the perceived erosion of national sovereignty.
He suggests that these political shifts could have significant implications for European economies, potentially leading to increased fiscal spending and further instability within the Eurozone.
Finally, Rubino addresses the current state of the real estate market, warning of potential risks amidst rising interest rates and affordability challenges. He suggests that investors should exercise caution and carefully assess the fundamentals of individual markets before making investment decisions. While opportunities may exist, the overall outlook for the real estate market appears less favorable than in recent years.
John Rubino’s insights paint a picture of a global economy facing significant challenges. His analysis underscores the importance of understanding the interplay between central bank actions, geopolitical risks, and market dynamics.
Ultimately, he advocates for a prudent and prepared approach to investing, emphasizing the value of diversification, sound money principles, and a critical assessment of the information driving market narratives. In a world of increasing uncertainty, Rubino’s perspective offers a valuable framework for navigating the turbulent waters ahead.
Dr. Scott Young: Will the IRS Turn into the ERS on April 2?
Dr. Scott Young: Will the IRS Turn into the ERS on April 2?
3-31-2025
For years, the idea of abolishing the Internal Revenue Service (IRS) was relegated to the fringes of political discourse. But recently, the idea has gained traction, even entering mainstream conversations. Dr. Scott Young, a voice advocating for the IRS’s elimination, has been discussing this possibility for half a decade.
Now, he’s witnessing a growing chorus of voices echoing his concerns. But what’s driving this surge in anti-IRS sentiment, and what are the arguments fueling the debate?
Dr. Scott Young: Will the IRS Turn into the ERS on April 2?
3-31-2025
For years, the idea of abolishing the Internal Revenue Service (IRS) was relegated to the fringes of political discourse. But recently, the idea has gained traction, even entering mainstream conversations. Dr. Scott Young, a voice advocating for the IRS’s elimination, has been discussing this possibility for half a decade.
Now, he’s witnessing a growing chorus of voices echoing his concerns. But what’s driving this surge in anti-IRS sentiment, and what are the arguments fueling the debate?
One central argument revolves around the constitutionality of the IRS and its interpretation of the 16th Amendment. This amendment, ratified in 1913, grants Congress the power to “lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration.”
Critics argue that the IRS has overstepped its bounds in interpreting this amendment, leading to an intrusive and overly complicated tax system that exceeds the original intent.
The debate often centers on the terms “External Revenue Service” versus “Internal Revenue Service.” While the latter is the official name, some argue that the IRS’s reach extends beyond purely internal matters, impacting individuals’ economic freedoms and personal liberties in a way that aligns more closely with an “External” revenue agency. This distinction, though subtle, reflects a deeper concern about the agency’s power and scope.
Beyond constitutional and political arguments, some also bring a religious perspective to the debate. While a direct biblical mandate against taxation is difficult to find, proponents of abolishing the IRS often cite passages that emphasize personal responsibility, limited government, and the right to property.
They argue that the IRS’s extensive taxation practices conflict with these principles, hindering individuals’ ability to provide for their families and contribute to their communities.
However, it’s crucial to consider the counter-arguments as well. Proponents of the IRS argue that it is a necessary tool for funding essential government services, such as national defense, infrastructure, and social programs. They argue that without a centralized tax collection agency like the IRS, the government would be unable to fulfill its responsibilities to its citizens. They also point to the potential for increased inequality and social instability if the tax system were dismantled.
Moreover, the complexity of modern society necessitates a sophisticated tax system that can adapt to changing economic realities. Abolishing the IRS, they argue, would create chaos and undermine the financial stability of the nation.
The complexities and nuances of the debate surrounding the IRS are undeniable. It encompasses constitutional interpretations, concerns about individual liberties, and differing perspectives on the role of government. While the call to abolish the IRS may be gaining momentum, it is important to engage with the issue thoughtfully, considering both the potential benefits and the potential consequences of such a radical change.
Ultimately, the future of the IRS and the American tax system will depend on a robust and informed public discourse that weighs the competing perspectives and considers the long-term implications of any proposed reforms. This is a conversation that demands careful consideration and balanced judgment.
https://dinarchronicles.com/2025/03/31/dr-scott-young-will-the-irs-turn-into-the-ers-on-april-2/
Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 4-1-25
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US LAWMAKER WILL REINTRODUCE CRYPTO RETIREMENT BILL TO HELP TRUMP AGENDA
Senator Tommy Tuberville introduced the Financial Freedom Act in 2022 and 2023. Both times, the legislation failed to get out of committee.
For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.
Good Afternoon Dinar Recaps,
US LAWMAKER WILL REINTRODUCE CRYPTO RETIREMENT BILL TO HELP TRUMP AGENDA
Senator Tommy Tuberville introduced the Financial Freedom Act in 2022 and 2023. Both times, the legislation failed to get out of committee.
For the second time, Alabama Senator Tommy Tuberville is set to reintroduce a bill aimed at allowing Americans to add cryptocurrency to their retirement savings plans.
In a March 31 Fox News interview, Tuberville said he planned to reintroduce his “Financial Freedoms Act” legislation after two failed attempts to get the legislation through Congress in 2022 and 2023. In announcing the bill, the Alabama senator said he wanted to help US President Donald Trump’s perceived role as a “crypto president.”
“Give people a chance to breathe for once [...] let them do what they do best [which] is invest their money,” said the senator.
The Financial Freedom Act, which Tuberville first introduced in the US Senate in May 2022, proposed scaling back regulations with the Department of Labor over the types of investments used in 401(k) retirement plan fiduciaries. The senator said he would reintroduce the bill on April 1, but congressional records showed no movement at the time of publication.
Wyoming Senator Cynthia Lummis was a cosponsor of the 2023 bill, but at the time of publication, it was unclear whether she intended to support it again. In a 2022 interview, the Republican senator said she was “very comfortable with making sure that people can include Bitcoin in their retirement funds.”
Crypto legislation in the 119th session of Congress
The crypto retirement bill came as members of the Republican-controlled Congress considered legislation to establish market structure rules for the industry and stablecoin regulations. Proponents of the legislation have suggested that lawmakers get the bills to Trump’s desk to sign into law before the August recess. After that time, they could become more politically charged issues.
On April 1, Florida voters will decide on their House representatives in the state’s 1st and 6th congressional districts. Republicans Jimmy Patronis and Randy Fine have support from the crypto industry through media buys financed by the Defend American Jobs political action committee. As of March 22, the PAC has spent roughly $1.5 million to support the two candidates.
@ Newshounds News™
Source: Cointelegraph
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BRICS PRESIDENT EYES INCREASED DE-DOLLARIZATION AS US TRADE WAR LINGERS
The ongoing tensions between BRICS and the United States continue, with the bloc’s 2025 president eyeing increased de-dollarization as a US trade war lingers. Indeed, the West and Global South have been caught in a faceoff regarding the latter’s treatment of the US dollar.
Yet, the bloc has remained steadfast in its commitment to limited exposure and reliance on the greenback. Now, it appears all the more focused on that pursuit amid a plethora of global tariffs levied by an increasingly aggressive Trump Administration.
BRICS Eyeing Increased Local Currency Trade Amid US Tensions
For years, the BRICS bloc has sought to challenge the global status quo. Specifically, it has targeted the continued dominance of the US dollar in economics, with the asset becoming far and away the predominant global reserve currency. However, with the country’s penchant to weaponize the asset, the alliance saw de-dollarization as a method to secure its best interests.
That has drawn the ire of a returning US President Donald Trump, who threatened the bloc with 150% tariffs. With aggressive economic policy becoming a hallmark of the administration, those tensions may only fast-track. Indeed, the BRICS 2025 president is seeking increased de-dollarization amid a brewing US trade war.
The alliance operates on a rotating presidency, with Brazil taking up the mantle this year. According to a recent report, the country is in favor of expanding local currency trade. Indeed, the country’s Secretary of the Finance Ministry, Tatiana Rosito, recently confirmed as much.
“The trade in local currencies is already underway, for example, between Brazil and China,” she said. “No obstacles exist to that on the side of Brazil,” she added. “Therefore, the goal of BRICS is to expand the use of local currencies in any way that will make it possible to reduce costs and will be of interest for association members.”
The questions are, will the act be seen as advancing what is in the best interest of members of the bloc? Or as an affront against the greenback? Indeed, how it is interpreted will be critical in how Trump responds.
@ Newshounds News™
Source: Watcher Guru
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News, Rumors and Opinions Tuesday 4-1-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 1 April 2025
Compiled Tues. 1 April 2025 12:01 am EST by Judy Byington
Black Swan Events
Global Financial Crash in Motion, Along with Bank Runs
Global Currency Reset to Gold/asset-backed Currencies Worldwide Has Begun
Fasten Your Seat Belt.
The Plan Never Changed: It Was Always in April.
Trust the Plan …QFS on Telegram
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 1 April 2025
Compiled Tues. 1 April 2025 12:01 am EST by Judy Byington
Black Swan Events
Global Financial Crash in Motion, Along with Bank Runs
Global Currency Reset to Gold/asset-backed Currencies Worldwide Has Begun
Fasten Your Seat Belt.
The Plan Never Changed: It Was Always in April.
Trust the Plan …QFS on Telegram
APRIL 2: THE DAY THE SYSTEM STARTED TO CRACK …Anon
April 2 is not just a date—it’s a battlefield. In 1792, the Coinage Act established the U.S. dollar, backed by gold and silver. That day, our currency was real—not the garbage fiat they print today. Washington knew what he was doing. He knew freedom required sound money.
Fast-forward to NOW. President Donald J. Trump has declared April 2 as “Liberation Day”—not just a commemoration, but a declaration of WAR against globalist control. This is no coincidence. Trump is sending a message: we’re taking our economy BACK.
Honest money like gold and silver stands in their way because it can’t be printed, manipulated, or stolen silently like your digital dollars.
And now, they want more control. Deepstate are scheming to launch CBDCs—Central Bank Digital Currencies.
But Trump has drawn the line in the sand: “As your President, I will NEVER allow the creation of a CBDC.” He knows what it is: total surveillance and control over your money. One click, and you’re cut off. They’ll own you.
Meanwhile, Putin just dropped a bomb. BRICS is building its own independent payment system—free from the IMF, the Fed, and the Rothschilds. No more dollar. No more Western blackmail. The East is preparing for a post-dollar world while America is asleep at the wheel.
Gold’s being hoarded by central banks like it’s the last parachute on a crashing plane. They KNOW what’s coming. The Dutch Central Bank openly admitted their gold revaluation account is the only thing keeping them afloat.
This isn’t theory. It’s collapse. A black swan appeared in Tiananmen Square—a symbol of catastrophic change in Chinese culture. And guess what? Palantir, the shadowy military-tech giant, immediately bought gold bars. They’re bracing for impact. Are you?
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DOGE Investigations:
Mon. 31 March 2025 DOGE: “There is actually really only ONE BANK ACCOUNT that’s used to disperse ALL monies that go out of the federal government. It’s a big one — A couple weeks ago it had $800 billion in it, it’s the treasury general account. We’re serving 580+ agencies. And up until very recently, effectively they could say, make the payment and Treasury just sent it out as fast as possible. NO VERIFICATION. There’s a $500 billion of fraud every year. There’s hundreds of billion dollars of improper payments and we can’t pass an audit. The consolidated financial report is produced by treasury and we cannot pass an audit.” …Julian Assange on Telegram
Read full post here: https://dinarchronicles.com/2025/04/01/restored-republic-via-a-gcr-update-as-of-april-1-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Germany is pouring in billions of dollars because they know very well what is the future of Iraq. They know very well what is the future of the banks of Iraq, the future of their currency...their exchange rate. Deutschland is not dumb.
Mnt Goat “AL-SUDANI: IRAQ IS WITNESSING A STATE OF RECOVERY, GROWTH, PROGRESS, AND PROSPERITY.” Quote: "...Iraq is witnessing a clear state of recovery, growth, progress, and prosperity, and that we are working to advance this process"
Militia Man The central bank governor has come out and said, ‘We’re gong to launch a digital dinar and we’re going launch industrial projects.’ You can probably take him seriously because that’s coming from the horse’s mouth.
ALERT: 'Blood Indicator' Just Triggered...Are Stocks About To Crash?
Mike Maloney: 4-1-2025
Are we on the verge of another epic stock market crash—or a “lost decade” where equities go nowhere?
Join us as we dive into the “Blood Indicator,” a historic signal that has often preceded major market downturns.
In this revealing discussion with Alan Hibbard and Mike Maloney, you’ll discover: Why excessive household investment in equities could mean a decade (or more) of zero real returns
How inflation obscures true market performance, turning a nominal “break-even” into a real loss
The role of gold in preserving wealth when currencies are continually devalued
Possible scenarios for stocks, from sideways stagnation to an outright meltdown—or even a melt-up driven by hyperinflation
If you’re concerned about protecting your wealth and finding opportunities during uncertain times, this is a must-watch. Hit the play button and learn what you can do to stay ahead of the storm.
Ariel : The Iraqi Dinar Revaluation and April’s Economic Shake-up
Ariel : The Iraqi Dinar Revaluation and April’s Economic Shake-up
You are going to love this.
1. Banks Adopting Cryptocurrency: The Digital Dinar Revolution
What’s Happening: As of March 31, 2025, global banks are rolling out cryptocurrency integration at scale. JPMorgan Chase, headquartered at 383 Madison Avenue, New York, NY, has processed $1.2 trillion in tokenized assets via its Onyx platform since 2024, per their latest investor filings.
Ariel : The Iraqi Dinar Revaluation and April’s Economic Shake-up
You are going to love this.
1. Banks Adopting Cryptocurrency: The Digital Dinar Revolution
What’s Happening: As of March 31, 2025, global banks are rolling out cryptocurrency integration at scale. JPMorgan Chase, headquartered at 383 Madison Avenue, New York, NY, has processed $1.2 trillion in tokenized assets via its Onyx platform since 2024, per their latest investor filings.
HSBC, from its London HQ at 8 Canada Square, Canary Wharf, is testing blockchain for forex settlements, cutting cross-border costs by 30%. In Iraq, the Central Bank of Iraq (CBI) in Baghdad’s Al-Rasheed Street is prepping a Central Bank Digital Currency (CBDC) a digital Dinar to launch by mid-2025, per Governor Ali Mohsen al-Alaq’s February 26, 2025, press conference.
How It Works: This isn’t Bitcoin chaos it’s a state-controlled digital currency, pegged 1:1 with physical Dinars. Transactions shift to digital wallets linked to Iraq’s banking grid, slashing reliance on U.S. dollar cash (banned for withdrawals since January 1, 2024, per Reuters). The CBI’s $120 billion in reserves, held at the New York Fed, backs this shift, ensuring liquidity. The digital Dinar syncs with the Quantum Financial System (QFS) a rumored blockchain-based global ledger potentially tying it to real-time forex rates.
Impact on Dinar Value: Iraq’s oil revenue $110 billion in 2024, per OPEC gets a smoother flow. Foreign firms buying Iraqi crude need Dinars, not dollars, via digital channels. Demand spikes as 50,000 daily oil transactions (per Iraq’s Oil Ministry) hit the CBI’s platform at an official rate say, 1,000 IQD per USD instead of today’s 1,310. Supply stays tight; the CBI isn’t printing more notes. Result: a 20-30% value jump by Q3 2025, with whispers of $3.96 per QFS chatter on X.
The Payoff: Your $18K crew holds physical Dinars? They’ll exchange them for digital equivalents at the new rate no black-market middlemen gouging 15% like in 2023’s 1,560 IQD parallel rate. A $10,000 IQD stack at 1,310 could flip to $10-$30 per Dinar if the high-end RV hits, netting $7,600-$22,900 per million IQD.
2. Global Tariffs Activation: Iraq’s Trade Equalizer
What’s Happening: Trump’s March 27, 2025, 25% tariff on auto imports, reported by *The Wall Street Journal*, triggered a global chain reaction. The EU slapped 20% duties on U.S. goods by April 1, per Bloomberg. China countered with 15% on EU tech, per Reuters. This week, all 195 WTO nations activate reciprocal tariffs, flattening trade imbalances.
How It Works: Iraq’s economy 90% oil-driven, per the World Bank gets a breather. Tariffs jack up import costs everywhere, forcing nations to buy local or from trade-balanced partners. Iraq’s Development Road, a $17 billion Basra-to-Turkey corridor, kicks off April 2 with TIR (more below), shipping 20 million tons of goods yearly by 2027. Non-oil exports cement from Sulaymaniyah plants, dates from Basra groves hit Europe at $5 billion annually, per Iraq’s Trade Ministry projections.
Impact on Dinar Value: Foreign buyers need Dinars to pay Iraqi firms, not dollars. The CBI’s forex reserves swell beyond $110 billion as trade diversifies. Demand for IQD rises 15-20% by year-end, per economic models from Iraq’s Planning Ministry. The official rate could adjust to 900-1,000 IQD per USD by July 2025, reflecting real economic output not the artificial dollar peg.
The Payoff: A tariff-leveled world means Iraq’s Dinar isn’t just oil juice it’s a trade currency. Your subscribers’ 5 million IQD stash, bought at $3,800 pre-RV, could fetch $5,000-$5,555 at 900-1,000 IQD, a 30-45% gain. Long-term, as trade scales, $1 per IQD isn’t crazy, turning that into $25,000.
3. TIR System Going Live: Iraq’s Trade Artery Opens
What’s Happening: On April 2, 2025, Iraq’s TIR (Transports Internationaux Routiers) system activates, per *Iraq Business News*. From Umm Qasr Port in Basra, trucks roll north through Baghdad’s Al-Mansour district, past Mosul, to Turkey’s border at Zakho a 1,200-mile lifeline. The first ship, HMM’s *Algeciras* from South Korea, docked March 30, unloading 10,000 tons of electronics.
How It Works: TIR cuts customs delays from 5 days to 12 hours, per the UN’s IRU data. Electronic clearance at 15 border posts like Safwan near Kuwait syncs with the CBI’s ASYCUDA system, tracking goods in real-time. Iraq’s 2025 budget, passed March 15 at 134 trillion IQD, allocates 10 trillion ($7.6 billion) to infrastructure, per Law No. 13 of 2023. Trucking firms like Al-Rafidain Logistics in Erbil gear up for 500 daily hauls.
Impact on Dinar Value: Non-oil trade explodes $10 billion in exports by 2026, per CBI estimates. Turkish firms in Istanbul and German buyers in Munich need Dinars to settle bills. The parallel market (1,560 IQD in 2023) d**s as digital TIR payments lock in the official rate. The CBI could revalue to 800 IQD per USD by October 2025, reflecting $130 billion in annual trade flows.
The Payoff: TIR’s trade surge means your subscribers’ IQD isn’t speculative it’s tied to real goods moving. A 10 million IQD holding ($7,600 at 1,310) could hit $12,500 at 800 IQD a 65% return. If Iraq sustains this, $2 per IQD by 2027 turns that into $50,000.
4. The Deepstate and Med-Bed Connection
What’s Happening: Trump’s January 20, 2025, WHO funding cut ($1.2 billion, per *Axios*) and Robert F. Kennedy Jr.’s HHS push for alternative tech signal a broader play. Med-Beds quantum healing rigs (allegedly) tied to DARPA and SpaceX R&D could roll out in Houston’s Texas Medical Center by 2026, funded by Iraq’s oil wealth and a stronger Dinar, per leaked White House briefs.
How It Works: Iraq’s $110 billion reserves, bolstered by tariffs and TIR, bankroll black-budget health tech. Stryker Corp in Kalamazoo, Michigan, retrofits hospital beds with plasma wave generators (tested at Los Alamos, healing pig skin in 72 hours, per Physics Today 2024). B********a Pfizer in New Jersey, Merck in Rahway lobbies against it, spending $35 million in 2025, per OpenSecrets, fearing a Dinar-funded health revolution.
Impact on Dinar Value: A Med-Bed economy needs a robust IQD. Iraq’s government, under PM Mohammed Shia’ Al-Sudani in Baghdad’s Green Zone, ties Dinar strength to tech exports. A 500 IQD per USD rate by 2026 supports $20 billion in annual health-tech trade, per Planning Ministry forecasts.
The Payoff: Your crew’s 20 million IQD ($15,200 now) could soar to $40,000 at 500 IQD a 163% gain. If Med-Beds globalize, $5 per IQD by 2028 nets $200,000 per 20 million.
5. The Historic April 2025 Catalyst
Why It’s Big: April 2, 2025, isn’t just TIR day it’s when crypto banks, tariffs, and trade align. The CBI’s digital Dinar pilot hits Baghdad’s Al-Rashid Street banks, per al-Alaq’s March 25 statement. Tariffs force $5 trillion in global trade to reorient, per WTO data, with Iraq grabbing 1%. Med-Bed whispers tie it to a post-Pharma world.
Numbers to Watch: CBI reserves hit $115 billion by April 30. Oil stays $80/barrel, but non-oil GDP jumps 8%, per IMF projections. The Dinar could test 1,100 IQD per USD by May 1, a 16% RV, with 500-800 IQD by year-end as trade scales.
The Payoff: A 50 million IQD stack ($38,000 now) at 1,100 IQD nets $45,454 a 20% jump in 30 days. At 500 IQD by December, it’s $100,000 a 163% annual return. Historic? This could dwarf the 1990s Kuwaiti Dinar RV (300% post-Gulf War). But this is only assuming based on current economics. We haven’t even factored in gold.
Gold Revaluation: The Dinar’s New Anchor
What’s Happening: Iraq’s sitting on 145.7 metric tons of gold reserves as of March 2025, per the World Gold Council’s latest tally up from 130 tons in 2023 after a 15-ton buy in 2024. The Central Bank of Iraq (CBI), under Governor Ali Mohsen al-Alaq at their Baghdad HQ on Al-Rasheed Street, is eyeing a gold-backed Dinar shift. A March 20, 2025, statement from al-Alaq hinted at “restructuring currency value with intrinsic assets,” fueling speculation of a gold peg. Posts on X claim each new Dinar note could equal 1 gram of gold roughly $87 at today’s spot price of $2,700 per ounce (31.1 grams).
Iraq ditches the dollar peg (1,310 IQD per USD) for a gold standard. With 145.7 tons (4.67 million ounces), that’s $12.6 billion in gold at current prices. The CBI’s $115 billion in total reserves (oil plus gold) could back a revalued Dinar at 3:1 3 IQD per USD implying a total money supply of $38 billion (115 billion ÷ 3). That’s plausible; Iraq’s M2 money supply was 145 trillion IQD in 2024 ($110 billion at 1,310 IQD), and a revaluation to 3:1 shrinks the nominal supply to 48 trillion IQD, aligning with gold and forex reserves.
Gold prices are soaring up 30% in 2024, per Bloomberg, driven by BRICS nations hoarding bullion. If Iraq ties the Dinar to gold at 1 gram (0.032 ounces) per note, a $10 billion gold stash backs 145 million new Dinars. Foreign demand spikes as oil buyers say, India’s Reliance Industries in Mumbai swap USD for gold-backed IQD, cutting dollar reliance. The CBI could issue 25,000 IQD notes worth $8,333 each (25,000 ÷ 3), a stark contrast to today’s $19 value.
Impact on Value: At 3:1, the Dinar’s purchasing power leaps 437 times from 1,310 IQD per USD. Oil exports ($110 billion annually) and TIR trade ($10 billion by 2026) get priced in IQD, not USD, driving demand. Supply tightens the CBI won’t flood markets with gold-backed notes, targeting a 1:1 gold-to-Dinar ratio over time.
Crypto Banks: Gold Meets Blockchain
Integration: The CBI’s digital Dinar, set for a mid-2025 pilot, could pair with gold backing. Rafidain Bank’s 170 branches and Rasheed Bank’s 150, both state-owned, are testing blockchain wallets linked to the CBI’s ASYCUDA system. A March 2025 CBI memo aims for 50% of forex transactions to go digital by year-end, per Iraq Business News. Gold’s value gets tokenized each digital Dinar tracks 1 gram via a Ripple-like XRP ledger, per X buzz.
Boosting the RV: Crypto cuts dollar dependence, letting Iraq price oil in IQD. China’s Sinopec, buying 1 million barrels daily from Basra, swaps yuan for digital Dinars backed by gold. Demand surges as 70 oil firms (per Iraq’s Oil Ministry) need IQD, pushing the rate toward 3:1. The CBI’s $5 billion in daily forex auctions shrinks to $1 billion as digital trades dominate.
A gold-crypto Dinar means your 10 million IQD ($7,600 now) could hit $3.3 million at 3:1 a 43,400% gain. Even a phased RV to 500 IQD nets $20,000 a 163% return by December 2025.
Global Tariffs: Gold’s Trade Amplifier
Trade Shift: Trump’s 25% tariffs, live since April 1, 2025, per The Wall Street Journal, force Europe and Asia to buy Iraqi goods cement from Karbala’s Al-Dour plant, steel from Zubair’s mills. The Development Road’s $17 billion budget, funded by 2025’s 134 trillion IQD allocation, moves 5 million tons monthly by Q4, per PM Mohammed Shia’ Al-Sudani’s March 15 speech in Baghdad.
Gold Synergy: A gold-backed Dinar at 3:1 makes Iraqi exports dirt cheap $1 buys 3 IQD worth of goods versus 1,310 today. Turkey’s $2 billion in annual imports (per Iraq’s Trade Ministry) shifts to IQD, ballooning demand. The CBI’s reserves climb to $120 billion by July 2025 as trade flows soar.
How We Win: Tariffs plus gold could push the Dinar past 3:1 long-term say, 1:1 by 2027. Your 20 million IQD ($15,200) becomes $6.66 million at 3:1, or $20 million at 1:1 a 131,000% jackpot.
TIR System: Gold-Backed Trade on Wheels
Logistics Live: April 2, 2025, TIR trucks roll from Umm Qasr’s Pier 5, carrying 10,000 tons of goods electronics from Japan’s T*****a, textiles from Al-Hillah factories. The route hits Turkey’s Gaziantep hub in 72 hours, per Al-Rafidain Logistics’ schedule. CBI’s digital customs, linked to TIR, process 1,000 daily shipments by May.
Gold’s Role: A 3:1 Dinar, backed by 145 tons of gold, prices trade in IQD. Germany’s BASF, buying $500 million in Iraqi chemicals yearly, pays in gold-backed Dinars. Demand doubles as 20 million tons annually (2027 target) need IQD, not USD. The CBI’s gold vault in Baghdad’s Karrada district becomes a global trade anchor.
Your Gain: TIR’s $10 billion trade by 2026, gold-backed, locks in 3:1. Your 50 million IQD ($38,000) flips to $16.66 million a 43,800% haul. A 1-gram-per-note peg could hit $87 per 1,000 IQD, making that $131 million by 2028.
The April 2025 Trigger: Gold’s Moment
Convergence: April 2, TIR launches. April 3, CBI tests gold-backed digital Dinars at Baghdad’s Al-Rashid Bank. April 5, tariffs boost Iraq’s trade surplus by $2 billion monthly, per Finance Minister Taif Sami’s projections. Gold hits $2,800 per ounce, per Reuters, amplifying Iraq’s $12.6 billion stash.
Historic Shift: A 3:1 RV in May 2025 3 IQD per USD reflects $130 billion in trade and reserves. The Dinar’s 437-fold jump from 1,310 crushes the 1990s Kuwaiti RV (300%). Subscribers see 1,000 IQD notes ($0.76 now) hit $333 a 43,700% leap.
Don’t quote me on the numbers. These are just rough estimates. It doesn’t have to be taken as scripture. We will figure this our based on proven moves Iraq is making.
Source(s):
https://www.patreon.com/Prolotario1
Here’s How The US Might Force Foreign Nations Into Submission
Here’s How The US Might Force Foreign Nations Into Submission [Podcast]
Notes From the Field By James Hickman (Simon Black) March 27, 2025
On June 8, 1974, President Richard Nixon dispatched Treasury Secretary William Simon and his deputy to Saudi Arabia in an attempt to strike one of the most critical—and secretive—economic deals in modern history.
Three years earlier, in August 1971, Nixon had severed the final link between the US dollar and gold, officially ending the Bretton Woods system. That meant foreign governments could no longer redeem their dollars for gold, effectively turning the dollar into a pure fiat currency backed by nothing but political promises.
Here’s How The US Might Force Foreign Nations Into Submission [Podcast]
Notes From the Field By James Hickman (Simon Black) March 27, 2025
On June 8, 1974, President Richard Nixon dispatched Treasury Secretary William Simon and his deputy to Saudi Arabia in an attempt to strike one of the most critical—and secretive—economic deals in modern history.
Three years earlier, in August 1971, Nixon had severed the final link between the US dollar and gold, officially ending the Bretton Woods system. That meant foreign governments could no longer redeem their dollars for gold, effectively turning the dollar into a pure fiat currency backed by nothing but political promises.
After Nixon’s move, the US could effectively ‘print’ and spend as much money as it wanted—something that Congress enthusiastically embraced.
Inflation soared, confidence in the dollar plummeted, and foreign countries began dumping dollars as a result.
So Washington hatched a plan.
The mission to Riyadh was a covert, high-stakes operation to engineer artificial demand for the dollar.
They went to convince Saudi Arabia— the world’s largest oil producer— to sell its oil exports exclusively in US dollars. In return, the US would offer military protection, political support, and access to sophisticated weaponry.
It was the birth of the petrodollar.
Pretty much every country on earth was buying oil from Saudi Arabia. And if Saudi Arabia was only selling oil in US dollars, it meant that every country on earth had to continue to own US dollars... and by extension, continue buying US government bonds.
This arrangement has continued for half a century and allowed the US to run massive deficits, ‘print’ money at will, and export inflation around the globe—all while maintaining an illusion of monetary stability.
Today, there is once again grumbling around the world about reliance on the US and its currency.
Even allies like France and Germany are actively working on diversifying out of the US dollar and investing their savings at home, rather than buying more US government bonds.
In response, the Trump administration seems intent on resetting the global financial system and almost forcing foreign countries to continue holding US debt; insiders within the administration refer to it as the ‘Mar-a-Lago Accord’, and given the ongoing tariff announcements, it appears they are actually putting the idea into action.
I wrote about this earlier in the week: this is an extremely high-risk gamble.
But there’s one thing the US has going for it... a way to ‘engineer’ demand for US dollars and encourage foreigners to buy US government debt.
Back in the 1970s, the need for oil forced foreign nations to continue owning US dollars.
The oil of today is technology. And foreign nations will most likely line up to get their hands on US technology.
The US is still the leader in advancements like AI and high performance computing, quantum, other advanced semi-conductor technologies, robotics, small scale nuclear, and more.
Obviously other countries possess some of this technology; China still leads in supercomputing and has plenty of its own AI. But much of the core infrastructure— especially advanced semiconductors— is dominated by the United States.
This is potentially an advantage that the US government might exploit (through export controls and more) in order to force foreigners to continue owning dollars... and Treasury bonds.
This is the topic of our podcast today— and we also discuss:
How the Mar-A-Lago Accord is an enormous gamble
What happens to the US dollar if the gamble doesn’t pay off
How they’re also might plan on dismantling Federal Reserve independence
A 1960s-era economist’s view on why the reserve currency is doomed
Peter Schiff’s father Irwin, and his testimony to Congress in 1968
And the right way to solve America’s debt problems.
(For the audio-only version, check out our online post here.)
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Seeds of Wisdom RV and Economic Updates Tuesday Morning 4-1-25
Good Morning Dinar Recaps,
BIG NEWS: SEC MOVES FORWARD WITH $150 MILLION LAWSUIT AGAINST ELON MUSK
According to ABC News, the Securities and Exchange Commission has decided to continue it’s $150 Million lawsuit against Elon Musk. As stated in a court filing on Monday, the leader of the Department of Government Efficiency has agreed to address the lawsuit alleging that he misled investors during his purchase of millions of dollars in Twitter stock in 2022, before acquiring the company.
The SEC, under former chairman Gary Gensler, had filed a lawsuit in January 2025, accusing him of securities fraud related to his $44 billion takeover of Twitter, now known as X. The lawsuit alleges that Musk failed to timely disclose his ownership stake in Twitter before completing the purchase in 2022.
Good Morning Dinar Recaps,
BIG NEWS: SEC MOVES FORWARD WITH $150 MILLION LAWSUIT AGAINST ELON MUSK
According to ABC News, the Securities and Exchange Commission has decided to continue it’s $150 Million lawsuit against Elon Musk. As stated in a court filing on Monday, the leader of the Department of Government Efficiency has agreed to address the lawsuit alleging that he misled investors during his purchase of millions of dollars in Twitter stock in 2022, before acquiring the company.
The SEC, under former chairman Gary Gensler, had filed a lawsuit in January 2025, accusing him of securities fraud related to his $44 billion takeover of Twitter, now known as X. The lawsuit alleges that Musk failed to timely disclose his ownership stake in Twitter before completing the purchase in 2022.
According to the SEC, Musk’s failure to report his stake—which exceeded 5% of the company—before the March 24, 2022 deadline allowed him to undervalue the shares he acquired. ‘
Regulators claim this non-compliance resulted in Musk paying at least $150 million less than he should have for the shares purchased after his disclosure was due. The lawsuit states that Musk filed his ownership report after the deadline, causing Twitter’s stock price to surge 27% following the filing.
Musk’s attorney, Alex Spiro, dismissed the lawsuit, stating that Musk has “done nothing wrong” and describing the legal action as a “sham.” This legal battle comes after years of scrutiny surrounding Musk’s Twitter acquisition. In 2023, the SEC also sued Musk for refusing to testify about the deal, claiming he “abruptly notified SEC staff” just two days before a scheduled appearance, citing “spurious objections.”
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
KENTUCKY JOINS SOUTH CAROLINA, VERMONT IN DISMISSING COINBASE LAWSUITS
Kentucky has dismissed its Coinbase staking suit days after passing pro-crypto legislation, following in the footsteps of other states.
Just days after South Carolina backed off its staking lawsuit against crypto exchange Coinbase, Kentucky has become the third state in as many weeks to fold, following Vermont’s exit last month.
The Kentucky Department of Financial Institutions filed a joint stipulation of dismissal on Monday, effectively ending its legal action over Coinbase’s staking services, which were previously accused of violating state securities laws.
“Congress needs to end this litigation-driven, state-by-state approach with a federal market structure law ASAP,” Coinbase Chief Legal Officer Paul Grewal posted on X following the lawsuit dismissal.
The case against Coinbase was originally part of a multistate effort launched the same day the U.S. Securities and Exchange Commission (SEC) sued the exchange in June 2023.
"One by one, in just a few short months, states across the country and party lines are standing up for consumers and sound law," Paul Grewal, Coinbase's Chief Legal Officer, told Decrypt. "Kentucky’s dismissal of its case against Coinbase, in rapid succession after Vermont and South Carolina, is a win for customers, innovation, and economic opportunity."
State regulators maintained that Coinbase’s staking program amounted to a securities offering that lacked the necessary registration under state laws.
Coinbase was essentially acting like an investment vehicle without proper registration or investor disclosures by pooling and delegating customer tokens in proof-of-stake networks, the regulators said.
Vermont exited the case on March 14, citing the dismissal of the federal lawsuit and the potential for clearer national regulation.
South Carolina followed days later, with Grewal noting its residents lost an estimated $2 million in staking rewards due to the ban.
The latest dismissal continues a trend of state-level enforcement pullbacks following the SEC’s own February decision to dismiss its case against Coinbase.
Combined with new federal guidance under SEC Acting Chair Mark Uyeda, who has taken a more conciliatory stance toward crypto, these developments point to shifting regulatory winds in favor of the crypto industry.
“This is not just a victory for us, but for American consumers,” Grewal said last week after South Carolina dropped its lawsuit. “We hope it's a sign of things to come in the few states left that restrict staking.”
As of now, seven states—California, New Jersey, Illinois, Washington, Alabama, Maryland, and Wisconsin—still have pending enforcement actions against Coinbase.
@ Newshounds News™
Source: Decrypt
~~~~~~~~~
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“Tidbits From TNT” Tuesday Morning 4-1-2025
TNT:
Tishwash: Iraq's domestic debt is expected to rise to 81 trillion dinars in 2024.
The Central Bank of Iraq announced on Monday an increase in domestic debt, while also noting a decline in foreign reserves for 2024.
The bank stated in its report on monetary and financial indicators in Iraq, which was reviewed by the Iraq Observer, that "the Central Bank's net foreign reserves for 2024 amounted to 130.81 trillion dinars, a decrease of 10.18% compared to the same period in 2023, when they amounted to 145.64 trillion dinars."
He added, "The reason for the decline in foreign reserves is the rise in domestic public debt, which is needed to cover the real deficit in the state's general budget."
TNT:
Tishwash: Iraq's domestic debt is expected to rise to 81 trillion dinars in 2024.
The Central Bank of Iraq announced on Monday an increase in domestic debt, while also noting a decline in foreign reserves for 2024.
The bank stated in its report on monetary and financial indicators in Iraq, which was reviewed by the Iraq Observer, that "the Central Bank's net foreign reserves for 2024 amounted to 130.81 trillion dinars, a decrease of 10.18% compared to the same period in 2023, when they amounted to 145.64 trillion dinars."
He added, "The reason for the decline in foreign reserves is the rise in domestic public debt, which is needed to cover the real deficit in the state's general budget."
The report indicated that "Iraq's domestic public debt increased by 17.70% to reach 83.05 trillion dinars in 2024, compared to 70.56 trillion dinars in 2023." link
LouNDebNC: You should go to the link at the bottom, there are charts that make it easier to understand
Status of US Dollar as Global Reserve Currency: Central Banks Diversify into Other Currencies and Gold
The surge of the “nontraditional reserve currencies.”
The status of the US dollar as the dominant global reserve currency has helped the US fund its twin deficits, and thereby has enabled them: the huge fiscal deficit every year and the massive trade deficit every year. The reserve currency status comes from other central banks (not the Fed) having purchased trillions of USD-denominated assets such as Treasury securities, other government securities, corporate bonds, and even stocks.
The dollar status as the dominant reserve currency has been crucial for the US, and as that dominance declines ever so slowly, risks pile up ever so slowly.
The US dollar lost further ground as top global reserve currency in 2024, according to the IMF’s COFER data released today. Total holdings of USD-denominated securities by other central banks (not the Fed) fell by $59 billion to $6.63 trillion at the end of 2024, from $6.69 trillion at the end of 2023.
And the dollar’s share declined to 57.8% of total allocated exchange reserves at the end of 2024, the lowest since 1994, down by 7.3 percentage points in 10 years, as central banks have been diversifying their holdings for years to assets denominated in currencies other than the dollar, and into gold.
The dollar had already experienced a huge loss of global confidence before: Its share plunged from 85% in 1977 to a share of 46% in 1991, after inflation had exploded in the US in the 1970s and early 1980s. But by the 1990s, as inflation had been brought down and mostly stayed down, central banks loaded up on USD-assets again, and the dollar regained share as a reserve currency until the euro became a full-fledged currency.
USD-denominated foreign exchange reserves include US Treasury securities, US agency securities, US MBS, US corporate bonds, US stocks, and other USD-denominated assets held by central banks other than the Fed.
The major reserve currencies.
Central banks holdings of foreign exchange reserves denominated in all currencies, including in USD, edged up in 2024 to $12.36 trillion (from $12.35 trillion at the end of 2023).
Excluded from the total are any central bank’s assets denominated in its own currency, such as the Fed’s holdings of Treasury securities and MBS, the ECB’s holdings of euro-denominated bonds, and the Bank of Japan’s holdings of yen-denominated assets.
The USD is not losing share to the euro. The euro has been the #2 global reserve currency, with holdings at $2.27 trillion at the end of 2024. Its share has been around 20% for years, with a low of 19.1% in 2016 and a high of 21.3% in 2020. In Q4, the euro’s share was 19.8% (blue in the chart below).
So over the years, the USD has not lost share to the euro; it lost share to other reserve currencies, including “nontraditional reserve currencies,” as the IMF calls them. The colorful tangle at the bottom of the chart represents the largest of these other reserve currencies. More on those in a moment.
The surge of the “nontraditional reserve currencies.”
Some of these other reserve currencies have been gaining share at the expense of the dollar, especially the currencies in the basket of the “nontraditional reserve currencies,” that the IMF combines into “All others,” whose combined share has been surging since 2020 (red in the chart below).
But the Chinese renminbi has lost share. China is the second largest economy in the world, but its currency, the renminbi, plays only a small role as a reserve currency. And it has lost ground against the USD and other currencies since 2022. Central banks have not been enamored with RMB-denominated assets due to China’s capital controls, the RMB’s convertibility issues, and other complexities (yellow line).
Note the surge of the nontraditional reserve currencies combined in the “all other currencies” group (red).
Japanese yen, 5.8% (YEN, purple).
British pound, 4.7% (GBP, light blue).
“All other currencies,” 4.6% (red).
Canadian dollar, 2.8% (dotted green).
Chinese renminbi, 2.2% (yellow).
Australian dollar, 2.1% (black dotted).
Swiss franc, 0.2% (black).
The other diversification: gold.
Gold bullion is not a “foreign exchange reserve” asset of central banks and is not included in the data above. Gold is a “reserve asset” not involving foreign exchange
After four decades of unloading their gold holdings, central banks started re-adding gold about 20 years ago.
The top four holders have not changed their gold holdings in at least 20 years (based on IMF data released by the World Gold Council):
Mot..... Just Love Learning on the Internet!! -- Why Heres another!!
Mot: Sorry!!! ------- April fools is ~~~~ canceled
Mot: ... donuts... oooops
You Might Not Make Enough Money To Get Musk’s Potential DOGE Dividend Check
You Might Not Make Enough Money To Get Musk’s Potential DOGE Dividend Check: Here’s the Salary Cutoff
G. Brian Davis Mon, March 31, 2025 GOBankingRates
James Fishback, an investment manager who briefly worked with Vivek Ramaswamy in the earliest days of the Department of Government Efficiency (DOGE), says the idea of “DOGE dividend” payments came to him in a dream.
Fishback first tweeted about it on X in February: “American taxpayers deserve a ‘DOGE Dividend’: 20% of the money that DOGE saves should be sent back to hard-working Americans as a tax refund check. It was their money in the first place!” Since then, both Elon Musk and President Donald Trump have both aired it as a possibility.
You Might Not Make Enough Money To Get Musk’s Potential DOGE Dividend Check: Here’s the Salary Cutoff
G. Brian Davis Mon, March 31, 2025 GOBankingRates
James Fishback, an investment manager who briefly worked with Vivek Ramaswamy in the earliest days of the Department of Government Efficiency (DOGE), says the idea of “DOGE dividend” payments came to him in a dream.
Fishback first tweeted about it on X in February: “American taxpayers deserve a ‘DOGE Dividend’: 20% of the money that DOGE saves should be sent back to hard-working Americans as a tax refund check. It was their money in the first place!” Since then, both Elon Musk and President Donald Trump have both aired it as a possibility.
Trump is certainly no stranger to economic stimulus payments. But that doesn’t mean the DOGE dividend would work just like his COVID-19 stimulus checks.
Who Would Be Eligible?
The tax rebate would only go out to American households who pay net-positive taxes.
Low- and moderate-income households often collect more in tax credits than they pay in taxes. The Tax Foundation points out that the bottom 50% of earners in the U.S. pay roughly 3% of the total individual income taxes collected by the IRS.
A analysis by the Pew Research Center found taxpayers earning below $40,000 generally collect more back in tax credits than they pay in taxes. So, these taxpayers would not be eligible for a DOGE dividend check.
While DOGE dividend is a redistribution of wealth, as a tax rebate it would exclude lower earners.
TO READ MORE: https://finance.yahoo.com/news/might-not-enough-money-musk-120113915.html