This Is the Collapse I’ve Warned About for Years | Peter Schiff

This Is the Collapse I’ve Warned About for Years | Peter Schiff

Kitco News:  4-11-2025

Gold is exploding to new record highs as global markets face escalating volatility, a collapsing U.S. dollar, and rising fears that the traditional safe-haven playbook no longer applies.

Spot gold has surged past $3,250 an ounce, with mining stocks finally catching a bid. Meanwhile, Treasury yields are spiking despite deteriorating economic data — pointing to a breakdown in the flight-to-safety narrative.

In this exclusive interview, Peter Schiff, Chief Market Strategist at Euro Pacific Asset Management, joins Jeremy Szafron, Anchor at Kitco News, to break down the perfect storm hitting the U.S. economy.

Schiff explains why America is headed for a deeper crisis than 2008, how global capital is fleeing U.S. assets, and why he believes the gold bull market is just getting started.

Schiff also takes on Bitcoin, stagflation, and the collapse of the dollar’s reserve status.

Key Topics:

 – Why Schiff says “America’s ride on the global gravy train is over”

– How Trump’s 145% China tariffs triggered a capital flight

– Why spot gold is breaking out — and where it’s headed next

 – Why gold mining stocks are “the buy of the century”

– What surging inflation expectations say about Fed policy failure

 – Why Schiff says the U.S. Treasury market is cracking

– How global central banks are dumping dollars for gold

 – The growing movement toward gold repatriation

 – Schiff on Bitcoin: “It’s down 30% in gold terms since 2021”

00:00 Introduction and Market Overview

01:00 Interview with Peter Schiff

04:41 Gold Market Analysis and Predictions

 12:59 Impact of Tariffs and Stagflation Concerns

17:42 Fed's Dilemma: Rate Hikes and Market Reactions

 18:19 Gold as an Economic Indicator

19:07 Impending Financial Crisis and Global Impact

20:06 US Sovereign Debt and Global Confidence

20:46 Global Economic Liberation from US Dependency

21:32 Long-term Shift to Gold

 22:38 Historical Perspective on Gold and the Dollar

25:06 Repatriation of Gold Reserves

26:02 Investment Opportunities Beyond Gold

29:43 Bitcoin vs. Gold

31:10 Future Economic Outlook: Stagflation and Beyond

 33:07 Conclusion

https://www.youtube.com/watch?v=cIQG01DRxHk

Gold Telegraph: Getting Closer to a Bretton Woods Moment?

Gold Telegraph: Getting Closer to a Bretton Woods Moment?

4-11-2025

BREAKING NEWS: CHINESE AMAZON SELLERS TO HIKE PRICES OR EXIT UNITED STATES MARKET

It keeps raining down.

“Some sellers are looking to increase prices in the U.S., while others are looking to find new markets…”

Source: https://www.cbc.ca/news/world/chinese-sellers-amazon-us-tariffs-1.7506519

BREAKING NEWS: EUROPEAN CENTRAL BANK POLICYMAKER SAYS THE UNITED STATES POLICIES IN RECENT WEEKS HAVE ERODED CONFIDENCE IN THE US DOLLAR

Plot twist.

“U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries…”

Source: https://www.reuters.com/markets/ecbs-villeroy-says-trump-policies-have-eroded-confidence-us-dollar-2025-04-10/

Gold… New record high in US dollar terms. Welcome to the era of gold.

Are we getting closer to a Bretton Woods moment? We very well could be.

Read: GOLD TELEGRAPH

THE FORT KNOX QUESTION: PRELUDE TO A NEW SYSTEM?

 In 1944, the world's most powerful leaders gathered in Bretton Woods to discuss the future and write the rules of a new global monetary order. There's one critical detail many forget... The United States controlled the lion's share of the world's gold, granting it the power to influence the outcome and define the system itself.

Fast forward to today: • The President of the United States is calling for an audit of the gold held in Fort Knox.

The current Treasury Secretary? • He says he has been called gold bug throughout his career. With the trade war now in full swing, change is certainly in the air.

According to a top economic adviser to the U.S. President, more than 50 countries have approached the United States to begin trade talks. Are we getting closer to a Bretton Woods moment? We very well could be.

 The U.S. Treasury Secretary previously said: "We will need a grand global economic reordering, and I'd like to be a part of it. I've studied this." Last week, Scott Bessent explained in an interview with @TuckerCarlson   why gold remains so interesting and also pointed out that the entire global trading system was once anchored to gold until Nixon took the U.S. off the standard.

The world is shifting. Quietly, but unmistakably. Nations are accumulating gold, questioning old alliances, and preparing for a future no longer tethered to the previous rules.

What once seemed unshakable is now under review, from Fort Knox to the foundations of international trade. We've seen this before. Power consolidates, confidence erodes, and a new system emerges, often born not in the spotlight but behind closed doors.

The question now isn't if we're approaching another Bretton Woods moment. The question is:  Who will define it this time?

Bank of France chief and ECB policymaker says the United States policies have eroded the confidence in the dollar. Big.

From last week:  GOLD TELEGRAPH

THE EROSION OF TRUST: THE TIMES ARE CHANGING.

 For years, I have exposed the dangers of the West's growing reliance on sanctions and the blatant weaponization of the financial system, freezing sovereign reserves and eroding global trust.

These are not acts of diplomacy but signals of a crumbling world order. How can countries NOT unite in an environment like this to seek alternatives?

 In just one year, the US dollar has lost over 35% of its purchasing power against gold, driven largely by central banks aggressively stockpiling bullion. This is no longer a trend; it's a warning shot.

All this is unfolding as BRICS nations grow more unified, and fractures deepen among Western allies. The global balance isn't just shifting; it's unravelling.

Many people were surprised yesterday when Japan, South Korea, and China signalled they would JOINTLY respond to the United States tariffs. Who are the two biggest owners of US treasuries among countries?

1. Japan

 2. China

Members across Europe are voicing their unease with this current economic flexing environment. Nations are racing to secure critical minerals, not just for supply chains but for sovereignty.

As many are beginning to realize, true sovereignty starts with one thing: zero counterparty risk.

That path leads straight to gold.

The world is waking up to the fragility of the fiat monetary system. I never said it would be pretty.

Janet Yellen says the United States trade war is the worst self-inflicted wound in history. But she leaves out something crucial… The weaponization of the Western financial system, including the freezing of sovereign reserves under her watch, helped ignite the global reset.

Never forget: As Secretary Janet Yellen is asked about her concerns over the U.S. dollar’s status as the world’s reserve currency… The Treasury Department sign falls off. The universe sometimes has a way to make us all laugh.

https://twitter.com/i/status/1910411041495998793

This prediction is starting to look good. I will admit, it’s taken longer than I would have liked.

Five years ago: GOLD TELEGRAPH

I have very high conviction gold bugs are going to finally have the last laugh in the next 1 - 5 years. The last bubble will be the gold bubble... and it’s going to be because of the transfer from the sovereign bond market into physical gold and miners. Going to be epic.

8:16 PM · Dec 16, 2020

The mainstream is staring at their screens, baffled. Good. Gold is tearing through years of swallowing the lies, and spitting back truth.

Treasury yields have gone vertical. Right now? Gold is following… This is not a drill. The U.S. has a historic opportunity to help restore monetary integrity.

Where to start? By issuing a gold-backed Treasury instrument. The clock is ticking… @judyshel

BREAKING NEWS: CHINA WILL RAISE TARIFFS ON ALL UNITED STATES GOODS FROM 84% TO 125%

Getting hot…

Source(s):
https://x.com/GoldTelegraph_/status/1910181123671642412

https://dinarchronicles.com/2025/04/11/gold-telegraph-getting-closer-to-a-bretton-woods-moment/

Seeds of Wisdom RV and Economic Updates Friday Afternoon 4-11-25

Good Afternoon Dinar Recaps,

CHINA IMPOSES NEW TARIFFS, BLAMES US FOR GLOBAL TENSIONS

China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions.

Xi Criticizes Trade Isolation

China responded forcefully on Friday to a dramatic tariff increase by the United States, announcing a 125% tariff on American goods and calling the U.S. approach to trade “economic bullying,” the Times of India reports. The move came just hours after U.S. President Donald Trump raised duties on Chinese imports to 145%, a decision that Beijing said violated international trade rules.

In a statement, China’s commerce ministry accused Washington of turning the tariff dispute into a “numbers game,” stating that such actions lacked economic rationale and only served to undermine U.S. credibility. “The successive imposition of excessively high tariffs on China by the U.S. has become nothing more than a numbers game,” a ministry spokesperson said. “It merely further exposes the U.S. practice of weaponizing tariffs… turning itself into a joke.”

China Imposes New Tariffs, Blames US for Global Tensions

The Times of India report explains that the new tariffs will take effect on Saturday, according to China’s State Council Tariff Commission. The Chinese government emphasized that the action was defensive in nature and framed it as a necessary response to what it called “completely unilateral” moves by the U.S.

On Truth Social, Trump proclaimed, “We are doing really well on our TARIFF POLICY. Very exciting for America, and the World!!! It is moving along quickly.” During the interval when he temporarily halted certain global tariffs, he added that China remained in the crosshairs “based on the lack of respect that China has shown to the World’s Markets.”

The Times of India further noted that President Xi Jinping also weighed in, saying China is not intimidated by external pressure. Speaking with Spanish Prime Minister Pedro Sánchez, Xi declared, “There are no winners in a trade war, and going against the world will only lead to self-isolation.”

European Union Officials Reportedly Set to Visit Xi in July, Yuan Weakens

As the standoff escalates, Bloomberg and the South China Morning Post (SCMP) reported that top European Union officials are reportedly preparing a rare mid-year visit to Beijing for talks with Xi. 

Citing five unnamed sources, the SCMP disclosed that the visit could take place in late July, breaking with tradition that typically sees the Chinese delegation travel to Europe.

The move signals the EU’s interest in aligning more closely with China on trade, especially as it faces potential fallout from the U.S.’s aggressive tariff strategy. Xi has urged European partners to unite in resisting what he called “unilateral bullying.”

Meanwhile, China filed two complaints with the World Trade Organization (WTO) to challenge the legality of the U.S. tariffs, while Xi prepares for diplomatic visits to Vietnam, Malaysia, and Cambodia in a bid to strengthen regional alliances amid mounting tensions.

As of April 11, 2025, the Chinese yuan (CNY) has exhibited a modest recovery in its valuation against the U.S. dollar. Just two days prior, on Wednesday, April 9, the yuan slipped to depths not seen in over 17 years, settling at 7.3498 per dollar—its weakest close since Dec. 2007.

In parallel, the DYX Dollar Index on Friday registered a three-year low against a composite of major fiat currencies, touching 99.314 in the early trading session.

@ Newshounds News™
Source:  Bitcoin News

~~~~~~~~~

XRP SET TO EXPLODE? RIPPLE AND SEC FILE JOINT REQUEST

XRP shot up almost 3% in the past 24 hours after Ripple and the SEC submitted a joint filing for a 60-day pause to their appeals and cross-appeals.

▪️Ripple and SEC pause legal battle, signaling a near-final settlement that could reshape crypto regulation.

▪️XRP trades near critical resistance at $2.10, with RSI and Bollinger Bands hinting at an imminent breakout.

▪️The SEC withdrew its appeal in March against Ripple Labs, sparking settlement rumors.

American fintech firm Ripple and its cryptocurrency XRP are once again the center of attention in both legal and market circles amid a notable development in the legal battle against the United States Securities and Exchange Commission (SEC).

At press time, the cryptocurrency is trading at $2.02, up 2.83% on the day, with technical indicators hinting at a potential trend reversal, as per CoinMarketCap data.

Legal Clarity in Sight: A 60-Day Pause Toward Settlement

Ripple and the SEC have jointly filed a motion to place their respective appeals and cross-appeals in a 60-day temporary suspension, suggesting both parties are edging closer to a settlement.

According to the filing, the pause will give them time to finalize an agreement-in-principle that could resolve the lawsuit completely, pending approval from the SEC.

This marks a crucial development in the landmark case that began in late 2020, when the SEC accused Ripple of conducting unregistered securities sales via XRP.

The case has held major implications for how cryptocurrencies are regulated in the United States.

A changing political climate, sparked by the election of President Trump, appears to have softened the SEC’s stance on crypto overall.

In recent months, the regulator has dropped lawsuits against other major crypto firms such as Coinbase and Kraken.

Last month, Ripple CEO Brad Garlinghouse revealed that the SEC had already withdrawn its appeal against the ruling that said the firm’s programmatic XRP sales didn’t violate securities laws.

Ripple, in turn, has decided not to pursue its cross-appeal.

With both sides easing up and aiming to conserve resources, the groundwork is laid for a negotiated conclusion to one of crypto’s most closely watched legal sagas.

XRP Price Analysis

From a technical standpoint, XRP is currently navigating a critical juncture. The daily chart reveals that the price is hovering just below the 20-day EMA at $2.10, a key resistance level.

A clean break above this could catalyze further upside momentum.

The Bollinger Bands are tightening, with the upper band at $2.50 and the lower band at $1.77, indicating a period of volatility compression.

This often precedes a breakout, though the direction remains uncertain. A move above $2.10 with strong volume could see XRP test the upper band around $2.50, while a rejection could drag it back toward the lower band near $1.77.

Meanwhile, the Relative Strength Index (RSI) is at 44.61, with its moving average at 39.76, still in neutral territory but edging upward.

This suggests that momentum is gradually building after a prolonged cooldown phase. If RSI crosses above 50, it could signal a bullish shift in sentiment.

@ Newshounds News™
Source:  CoinSpeaker

~~~~~~~~~

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All Signals Are Flashing: The Global Currency Reset Is No Longer a Theory.

Thoughts from Holly

All Signals Are Flashing: The Global Currency Reset Is No Longer a Theory.

We’re not waiting for the reset—

we’re in it.

Here are the key signals (you won’t see on CNBC) that prove it’s happening in real time:

1 Iraq Is the Tip of the Spear

•$200B budget stalled pending exchange rate change

•JP Morgan embedded in Iraq’s banking system

•CBI coordinating with IMF & U.S. Treasury

•Northern oil talks delayed—likely stalling for final rate alignment

•Real-time banking reforms + global trade integration

The RV is real. It’s being timed.

2: Vietnam Buckles Under Pressure

•Trump hits with 46% tariff threat

•Vietnam begs for 45-day delay

•Vows to buy U.S. goods, review currency policy, and correct FX manipulation

•Major manufacturing hub forced into monetary realignment

Currency correction underway.

3: BRICS & De-Dollarization Escalating

•40+ nations applying to BRICS+

•Gold-backed settlement currency being tested

•Petrodollar system collapsing

•Bilateral trade in native currencies accelerating

Dollar dominance fading fast.

4: U.S. Moves to Reset the Playing Field

•EO 14178 protects digital assets + mandates financial modernization

•DOJ ends “regulation by prosecution”

•IRS chief resigns after immigration data-sharing  agreement

•CFTC/SEC being stripped of shadow power

The deep state’s monetary grip is being broken.

5: Tokenized Infrastructure Going Live

•Ripple acquires Hidden Road ($3T annual clearing volume)

•RLUSD stablecoin = institutional-grade collateral

•ISO 20022 is now global

•XRP, XDC, Stellar embedded in real pilots (not testnets)

The new rails aren’t being built.

They’re already here.

6:  Sovereign Debt = Quietly Restructured

•Zimbabwe, Ghana, Sri Lanka working with IMF

•ZIM gold bonds being tested

•Talk of redemption, project funding, and historical instruments surfacing (quietly)

The old debt system is being dissolved—behind closed doors.

7:   Tariffs = Currency War in Disguise

•DHS (via CBP) collects U.S. tariffs = national security weapon

•South Korea, Mexico, Japan, and Vietnam all negotiating new trade deals under pressure

•Trump’s economic war = realignment through force

Bilateral leverage replaces globalist frameworks.

8: Market Pain = Controlled Transition

•Stocks bleeding slowly

•Gold surging

•Institutional liquidity migrating to on-chain assets

•Global capital quietly repositioning

This isn’t collapse.

It’s planned demolition.

9:  Final Thought:

While people wait for a dramatic “announcement”…

The reset is already underway in plain sight—

One corridor, one bond, one bilateral trade shift at a time.

The world won’t wake up to the reset.

It’ll wake up in it.

#CurrencyReset #GCR #IQD #XRP #DigitalRails #TokenizedEconomy #RLUSD #BRICSReset #FinancialTransition

News, Rumors and Opinions Friday 4-11-2025

Ariel: A Financial Liberation Milestone for Iraq

4-11-2025

Iraqi Dinar Update:

Supreme Court Ruling – A Financial Liberation Milestone

On April 10, 2025, the Iraqi Federal Supreme Court issued a landmark ruling that obliterates financial barriers for the Kurdistan Region, mandating uninterrupted salary payments to KRI employees directly from the Federal Ministry of Finance a decision that secures the release of the 2025 budget without delays.

This ruling, initiated by the President of the Republic, enforces a continuous payment mechanism, getting away excuses like “technical issues” or “trial balances,” and ensures coordination between the Federal Ministry and KRG’s Ministry of Finance to align with Central Bank of Iraq settlement protocols, even allowing employees to choose their preferred banks.

 For Dinar holders, this is a seismic shift: the court’s order to amend Article 12, Paragraph (c) of the 2023 Budget Law forces KRG to contribute oil revenues to the federal treasury, signaling a unified fiscal structure that could stabilize the Dinar’s value, potentially paving the way for a 1:1 or 3:1 (or higher) exchange rate by ensuring Iraq’s economic cohesion.

Budget Ratification – The Trigger for RV/RI Activation

The Supreme Court’s decision, coupled with late March 2025 progress on salary disbursements, indicates the 2025 budget was likely ratified between March 25 and April 5, 2025, setting the stage for an imminent

Revaluation/Reinstatement (RV/RI) of the Iraqi Dinar projected to activate between April 15 and May 31, 2025, with a slight chance of extending to early June if ratification lagged to early April.

This timeline is critical because the court’s removal of salary payment obstacles eliminates a key bottleneck that has historically suppressed Iraq’s financial reforms, allowing the budget to flow freely and fund economic restructuring vital for a currency reset.

 Dinar holders should see this as a green light: a ratified budget, backed by judicial muscle, means Iraq is operationally ready to revalue its currency, potentially delivering the long-awaited 1:1 or 3:1 rate as global confidence in Iraq’s fiscal stability surges.

CBI International Card Rules – A Global Financial Reentry

On April 8, 2025, the Central Bank of Iraq rolled out new regulations for international bank card usage, a move that positions Iraq as a reemerging player in global finance effective immediately with a 30-day activation delay for new cards, setting transaction limits like $10,000/month for retirees, $20,000/month for travel, and $50,000/month for medical treatment abroad.

The CBI’s directive, targeting banks, non-banking financial institutions, and electronic payment firms, ensures compliance across Iraq’s financial ecosystem, with foreign currency available at the official rate via an e-governance system a clear signal of currency stabilization efforts.

 For Dinar holders, this is electrifying: international transaction limits and official rate access suggest the CBI is preparing for a stronger Dinar, likely aligning with a 1:1 or 3:1 (or higher) exchange rate to facilitate seamless global trade and boost investor trust in Iraq’s economy.

Strategic Implications – Why This Changes Everything

The convergence of the Supreme Court’s ruling and CBI’s international card rules marks a pivotal moment for Iraq’s economic sovereignty, directly impacting Dinar holders by accelerating the RV/RI timeline mid-April to late May 2025 is now a high-probability window for activation, driven by the court’s enforcement of fiscal unity and the CBI’s global financial integration.

The court’s mandate to integrate KRG oil revenues into the federal budget ensures a revenue stream that can back a revalued Dinar, while the CBI’s structured limits on international transactions (e.g., $20,000/month for merchants) demonstrate Iraq’s readiness to handle increased currency demand without inflation spikes.

For those holding Dinar, this dual action is a clarion call: Iraq is dismantling its financial silos, aligning its economy for a currency reset that could deliver the 1:1 or 3:1 rate, transforming your investment into a historic windfall as Iraq reclaims its place on the world stage.

Source(s):
https://x.com/Prolotario1/status/1910428824824668634

https://dinarchronicles.com/2025/04/11/ariel-prolotario1-a-financial-liberation-milestone-for-iraq/

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

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

Bruce  [via WiserNow]  ...on the redemption center screens, the rates are coming up...we did hear... that we do have dinar and Dong... on the screen... Now, we did see a Dong rate just on Friday, so that's going in the right direction, and expected to be a little higher than that when we go in for exchanges.   

MarkZ   [via PDK]   Yesterday on the banking side we saw a lot of rates populating and changing on nearly every currency we are looking at - throughout the afternoon. This is a first. This is exciting.

Frank26  The monetary reform education, the Asraflak, is teaching them about the new coins...lower notes...ATMs...the services that they have at the banks now that they are international.  They're teaching them about things they've never told them before...None of this is at 1310.  All of this is based on a new exchange rate...It's a process...Let it unfold.  Let it walk its way through.

COLLAPSE OF FAKE ECONOMIC SYSTEM: Threat of Iran War & Surging Debt Send Final Warnings| Ron Paul

Lena Petrova:  4-10-2025

Dr. Ron Paul is a former Congressman, United States Presidential candidate, the founder of The Ron Paul Institute for Peace and Prosperity, and the host of The Ron Paul Liberty Report, a must-watch show on Rumble!

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

Seeds of Wisdom RV and Economic Updates Friday Morning 4-11-25

Good Morning Dinar Recaps,

TRUMP MAKES HISTORY SIGNING FIRST CRYPTO BILL INTO LAW -  THE LAW REPEALS THE IRS’S CONTROVERSIAL 'DEFI BROKER RULE'

In a historic move, President Trump has signed into law a bill that blocks the Internal Revenue Service from collecting tax reporting data from decentralized crypto platforms.

It marks the first time a cryptocurrency-specific piece of legislation has become law in the United States.

The bill, introduced under the Congressional Review Act by Republican Senator Ted Cruz (R-TX) to repeal the IRS’s so-called “DeFi broker rule,” passed the Senate on March 26 with overwhelming bipartisan support in a 70–28 vote. A similar version, led in the House by Congressman Mike Carey (R-OH), had passed with a comparable ‘supermajority’ just two weeks earlier.

The controversial DeFi broker rule, introduced in the final days of the Biden administration, would have required decentralized crypto entities, such as exchanges without a central governing body, to comply with traditional IRS reporting requirements. 

Critics argued that the mandate was overly burdensome, risked stifling innovation, and could significantly hinder growth in the DeFi sector.

“This rule would have undermined American leadership on cryptocurrency and I am grateful to President Trump for signing my resolution into law,” Cruz, who attended the signing ceremony Thursday afternoon, told Crypto In America. “The resolution is a victory for innovation, privacy, and economic freedom.”

“We are protecting the developers who are building the future of cryptocurrency, making clear that the United States will not cede digital leadership to China, and preserving the ability of Americans to conduct transactions without government interference,” Cruz added.

The move is being hailed as a victory by industry leaders who are looking to the crypto-friendly Trump administration to safeguard the rights of builders and software developers, who felt they were unfairly targeted by the regulation-heavy Biden administration.

“This bipartisan action underscores our nation's commitment to fostering innovation and ensuring that Americans retain the freedom to choose how they transact, said Amanda Tuminelli, CEO of the DeFi Education Fund, an advocacy group focused on decentralized finance. “President Trump’s signature is a critical signal change for the crypto industry: the United States has embraced a sensible, forward-thinking approach to digital assets.”

The bill signing marks the second major win for DeFi proponents this week, following a Monday memo from the Deputy Attorney General clarifying that the DOJ will no longer pursue software developers for actions taken by third-party users on their platforms.

@ Newshounds News™
Source:  CryptoInAmerica

~~~~~~~~~

SEC DROPS SUIT AGAINST HELIUM FOR ALLEGED SECURITIES VIOLATIONS

The agency's lawsuit against Helium was its final action under former Chair Gary Gensler, aiming to penalize a crypto firm for a token launch.

The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post.

Filed in January 2025, the lawsuit was among the SEC’s final enforcement actions against a cryptocurrency developer under former Chair Gary Gensler, who stepped down from his post on Jan. 20 after US President Donald Trump took office.

The dismissal with prejudice means the blockchain developer cannot be charged with similar violations again for issuing in 2019 its native token Helium, the company said.

“[W]e can now definitively say that all compatible Helium Hotspots and the distribution of HNT, IOT, and MOBILE tokens through the Helium Network are not securities,” Helium said.

“[T]he outcome establishes that selling hardware and distributing tokens for network growth does not automatically make them securities in the eyes of the SEC [and] that the SEC cannot bring these charges against Helium again,” it added.

The SEC’s Helium reversal came the same day Trump-nominee Paul Atkins formally replaced Gensler as SEC Chair after a lengthy confirmation process in the Senate.

Helium is a blockchain network designed to let “anyone build and own massive wireless networks,” according to its website. The protocol reports having roughly 375,000 active hotspots.

According to CoinGecko, HNT has a market capitalization of approximately $480 million as of April 10 — down from highs of more than $5 billion in November 2021.

Changing policy stance

Under Gensler, the SEC brought upward of 100 charges against Web3 developers for various alleged securities violations.

Since Trump took office, the SEC has sharply reversed course, dropping numerous charges against crypto firms, including Coinbase, Kraken, Ripple and Uniswap.

Trump has positioned himself as a pro-crypto President, promising to make America the “world’s crypto capital,” appointing industry-friendly leaders to key regulatory posts, and ordering the federal government to create a national Bitcoin reserve.

For some crypto executives, Trump's policies — such as announcing sweeping tariffs on US imports in April — threaten to stymie crypto’s progress.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

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5 Ways The Rockefellers Created Generational Wealth

5 Ways The Rockefellers Created Generational Wealth

The Rockefellers Are Still One of the Richest Families of All Time — 5 Ways They Created Generational Wealth

Dawn Allcot   Sun, May 12, 2024

Only 10% of family wealth makes it to the third generation, according to a landmark Williams Group wealth consultancy study reported by Reuters in 2015. But a handful of families throughout history have managed to buck this “third generation curse” to create a legacy that has lasted for centuries. Among the best known are the Rockefellers.

How John D. Rockefeller Built His Wealth

John D. Rockefeller was one of the most famous business moguls of the 19th and early 20th centuries, building his family’s fortune through the Standard Oil Company. His company controlled 90% of the U.S. refineries and pipelines at a time when a need for oil was increasing thanks to the introduction of internal combustion engines and growing demands for electricity, according to History.

Rockefeller had amassed a net worth of nearly $900 million by 1912, according to Smithsonian Magazine. That’s equivalent to about $28 billion in today’s dollars and a staggering sum by 1912 standards.

Ultimately, the Supreme Court ordered the dissolution of the Standard Oil Trust, declaring it in violation of antitrust laws. The move broke Standard Oil into a number of businesses that used the Standard Oil name. Subsequent mergers created oil and gas industry leaders like ExxonMobil and Chevron.

The Rockefeller family’s name and wealth live on — And so do its philanthropic efforts, including $500 million John Rockefeller personally gifted to charities.

The Rockefeller Family Today

The Rockefeller family is 200 members strong and has a cumulative net worth of $10.3 billion, according to Forbes. The wealthiest and most prominent family member of this century, David Rockefeller, was the world’s oldest billionaire at 101 years old, with a net worth of $3.3 billion when he died in 2017.

How the Rockefellers Created Generational Wealth

What did the Rockefeller family do right that so many other families fail to implement?

Accounted for Every Dollar

Whether your net worth measures in the seven figures or you’re living paycheck to paycheck, every dollar without a specific job is in danger of being wasted. The Rockefellers have a team of financial managers to ensure that every dollar is put to good use, leveraging their money to make more money.

Established a Family Office

The Rockefellers were the first family to establish a full-service single family office in the U.S., according to Deloitte. The Rockefeller Global Family Office manages all facets of the family’s wealth, investments and business dealings.

Created Irrevocable Trusts

The Rockefellers use irrevocable trusts, which heirs cannot easily change, to ensure that money gets passed on as it should, according to Barrons. An irrevocable trust removes assets from your taxable estate, which means your heirs might not pay tax on that money. An irrevocable trust can also protect those assets from lawsuits or creditors, which can provide a benefit if you are a high-profile personality or in a high-risk career where you might get sued.

Leveraged Legal Tax Avoidance Strategies

To Read More:

https://news.yahoo.com/finance/news/rockefellers-still-one-richest-families-000009583.html

“Tidbits From TNT” Friday Morning 4-11-2025

TNT:

Tishwash:  One of them is in Iraq... the 10 largest oil fields in the world

The question "Where is the largest offshore oil field in the world?" is widely asked in global economic and energy circles, particularly in light of recent developments in the oil industry and the drive by producing countries to increase their production capacity.

According to data from the Encyclopedia of Oil and Gas Fields, the obvious answer is that the world's largest offshore oil field is located in Saudi Arabia. The Safaniya field has a long history of production and huge reserves that the Kingdom continues to exploit.

The increased focus on identifying the location of the world's largest offshore oil field stems from global competition for energy resources, as Saudi Arabia seeks to strengthen its position as the world's largest oil producer and exporter through massive development projects for the Safaniya offshore field.

The question also arises: Where is the world's largest offshore oil field located? While a number of countries, such as China, are making new offshore discoveries, the Safaniya field retains the title of the world's largest in terms of proven reserves and total production.

 Saudi Safaniya field

The Safaniya field in Saudi Arabia is the world's largest offshore oil field. It is located in the Arabian Gulf, approximately 200 to 260 kilometers north of Dhahran, Saudi Arabia. It has been operated by Saudi Aramco since its official discovery in 1951.

The Safaniya field extends over an area of ​​50 kilometers in length and 15 kilometers in width, and contains proven reserves estimated at approximately 15 billion barrels of heavy oil, while total production extracted from it to date has reached more than 19.2 billion barrels.

Exploration work on the world's largest offshore field began in 1939, after Aramco geophysicist **** Kerr noticed an underwater high area. This reinforced his prediction of the presence of massive oil reservoirs, which was later confirmed when oil began flowing in large commercial quantities on August 15, 1951.

The Safaniya offshore field represents a key pillar of Aramco's strategy to expand offshore production. It is also the fifth-largest oil field in the world in terms of total proven reserves and production, according to Saudi oil field data from the specialized energy platform.

The 10 largest oil fields in the world

The Safaniya field's importance extends beyond its status as the world's largest offshore oil field. It also plays a key role in the global energy mix, strengthening Saudi Arabia's position as a global energy powerhouse, especially as its expansion plans continue through 2027. link

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Tishwash:  After Greece, Sulaymaniyah hosts the Delphi Economic Forum.

Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, revealed on Thursday that the city of Sulaymaniyah will host the next edition of the Delphi Economic Forum, considering it an important opportunity to encourage foreign capitalists to invest in Kurdistan and Iraq.

"Although the Middle East is experiencing a state of instability, we in the Kurdistan Region have decided to make the right decision within the framework of federal Iraq, which is to work to consolidate security and stability in the region. This is what the Kurds have been fighting for for many years," Talabani said during a panel discussion at the 10th Delphi International Economic Forum in the Greek capital, Athens.

“Based on this principle, our relations with Europe, the United States, and even Australia are steadily improving, because we, as Kurds, have always been open to the outside world, strive to live in freedom, and have made great sacrifices in this regard. We have worked to protect stability in Kurdistan, Iraq, and the region,” he added. “Because our region naturally provides many job opportunities, we want to encourage future generations to invest and become entrepreneurs, and we are working to benefit from modern technology in this field.

 What is gratifying is that these efforts are receiving great attention in the city of Sulaymaniyah, because in the future, oil will run out and we will have to rely on our own energies and capabilities.”

Regarding the gas issue in Kurdistan, Talabani noted, "The world is talking today about natural gas in Kurdistan, and we want to harness this wealth to serve the well-being of the region's citizens." He noted that "the provinces of Erbil and Sulaymaniyah have witnessed significant prosperity recently, but we want further development."

Regarding the role of women in the Kurdistan Region, Qubad Talabani said: “No country will achieve success if women do not play a role in managing the state’s institutions. In the Kurdistan Region, we pay great attention to women’s capabilities, because the country needs women’s roles. If we want to build an effective society, we need active women.”

Regarding the talks to form the new government, Qubad Talabani explained, “We recently held successful elections in the Kurdistan Region, in which a large percentage of citizens participated. Now, there is a great rapprochement between the Patriotic Union of Kurdistan and the Kurdistan Democratic Party, the two main parties in the regional government.

Our efforts are continuing to form the new government cabinet, as we want to address the shortcomings that existed previously and manage the region well.” He added, “Given the conditions the region is going through, we want to form an effective government. Our efforts to automate government institutions are also ongoing, and we are paying great attention to creative youth in this field.”

Regarding the region's relations with other countries, Qubad Talabani said, "We are pleased with our good relations with our partners in Europe, the United States, and other countries, and we are working to develop these relations."

 He praised the Delphi Forum in Greece. He also expressed his pleasure with his meetings in Greece regarding strengthening relations in the fields of economy, agriculture, tourism, and civil aviation, and pointed to the "commencement of direct flights between Athens and Sulaymaniyah in the near future."

Talabani revealed that "the city of Sulaymaniyah will host the next edition of the Delphi Economic Forum," considering it "an important opportunity to encourage foreign capitalists to invest in Kurdistan and Iraq." link

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Tishwash:  Finance Minister: Iraq seeks to deepen economic partnerships and finance priority projects

Finance Minister Taif Sami affirmed Iraq's endeavor to deepen economic partnerships and finance priority projects.

A statement by the ministry said, "The Minister of Finance participated in the joint annual meetings of the Arab financial institutions held in the State of Kuwait, in the presence of a number of finance ministers and governors of central banks in Arab countries, which discussed ways to support economic development, enhance financial and investment integration, in addition to reviewing financial performance reports and economic indicators of the relevant bodies."

The statement added that "during the opening session, the Minister of Finance stressed the importance of enhancing Arab financial cooperation and exchanging experiences between countries, noting that Iraq seeks to deepen economic partnerships and finance priority projects."

She continued, "Iraq's participation reflects the government's keenness to highlight its economic initiatives, achieve balance in its financial relations with Arab countries, and seek to benefit from the experiences of other countries to develop local financial policies."

The meetings concluded, according to the statement, with a review of future initiatives that support financial integration and implement practical plans to enhance development. The participants also stressed the importance of exchanging expertise and sharing successful experiences to stimulate investments and activate cooperation among member states.

The meetings included, according to the statement:

Meeting of the Arab Finance Ministers * Meeting of the Board of Governors of the Arab Fund for Economic and Social Development * Meeting of the Board of Governors of the Arab Monetary Fund * Meeting of the Board of Governors of the Arab Bank for Economic Development in Africa * Meeting of the Board of Shareholders of the Arab Investment and Export Credit Guarantee Corporation * Meeting of the Board of Governors of the Arab Authority for Agricultural Investment and Development * Meeting of the Supervisory Board of the Badir Fund to Support Entrepreneurship. 

link

Mot: .. in Case ur looking at that ""Marital Thingy!!

Seeds of Wisdom RV and Economic Updates Thursday Evening 4-10-25

Good Evening Dinar Recaps,

NEW HAMPSHIRE HOUSE PASSES STATE BITCOIN RESERVE BILL

The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.

A bill proposing the creation of a state Bitcoin reserve was passed by the New Hampshire House of Representatives on Thursday.

The House’s vote on New Hampshire Bill HB302, which if passed would allow the state’s treasury to invest in precious metals and digital assets, held a difference of just 13 votes, with 192 representatives voting for the bill and 179 voting against.

The bill will now move on to the New Hampshire Senate.

“We’re tied to the U.S. dollar, whether we like it or not, but this would allow us to have the state invest a small portion into this uncorrelated, new asset class,” New Hampshire Representative and bill proposer Keith Ammon previously told Decrypt.

Proposed in January, the bill would allow the state’s treasury to allocate up to 5% of the state’s public funds to eligible assets, based on text from the House’s amended bill. The initial proposal suggested an allocation of up to 10% of the state’s public funds.

Those funds can be used on precious metals like silver or gold, or…"any digital assets with a market capitalization of over $500 billion averaged over the previous calendar year.” Only Bitcoin meets that requirement, as of this writing.

New Hampshire’s treasury carried around $3.6 billion in funds as of its most recent annual report, meaning the state could buy up to approximately $181 million worth of precious metals or Bitcoin.

If spent only on crypto’s top asset, at today’s price of $79,755, that would give the Granite State a reserve of around 2,269 BTC. Bitcoin is down about 3.5% on the day, per data from CoinGecko.

The bill indicates that digital assets held by the state must be held by a qualified custodian, by the treasurer with a secure custody solution, or via an exchange traded product from a registered investment company.

New Hampshire is one of many states considering Bitcoin reserve bills, some of which have thus far failed to push them through their respective Houses—like in Pennsylvania and Wyoming.

President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve for the United States on March 6.

@ Newshounds News™
Source:  Decrypt

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NORTH CAROLINA LAWMAKER INTRODUCES DIGITAL ASSET FREEDOM ACT

North Carolina joins the growing list of US states attempting to pass comprehensive digital asset bills as a hedge against inflation.

North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying "digital assets" be accepted as a legally recognized form of payment and for taxes.

Although the language of the bill does not specifically mention Bitcoin, there are several provisions laid out that make BTC uniquely qualified under the bill's definition of a "digital asset."

These stipulations include a minimum market capitalization of $750 billion and a daily trading volume of over $10 billion, a market history of 10 years or more, proven censorship resistance, proof-of-work consensus, lack of a central authority, 99.98% or more network uptime, and a maximum supply cap. The bill read:

"The General Assembly further finds that decentralized digital assets, which are not governed by any central entity or foundation, align with the economic principles of limited, noninflationary money and are capable of ensuring the security and integrity of transactions."

Jackson's bill is merely the latest in state-led Bitcoin strategic reserve legislation in the United States amid inflation concerns, high US federal debt and a depreciating currency.

North Carolina takes a firm stance against CBDCs

Former North Carolina Governor Roy Cooper vetoed a bill banning a central bank digital currency (CBDC) in July 2024. At the time, Cooper characterized the bill as "premature, vague, and reactionary" to threats that have not yet materialized.

In August 2024, the North Carolina House of Representatives overrode Cooper's veto in a definitive and bipartisan 73-41 vote.

The North Carolina Senate followed suit by overriding Cooper's veto in a 27-17 vote and passed the anti-CBDC legislation into law in September 2024.

Dan Spuller, the head of industry affairs at crypto advocacy organization the Blockchain Association, applauded the action taken by NC lawmakers to push back against the tide of CBDCs.

"This bill should have never been vetoed, and Governor Cooper blew an opportunity to send a strong message to the Federal Reserve that NC stands united against CBDCs," Spuller wrote in a Sept. 9 X post.

@ Newshounds News™
Source:  CoinTelegraph

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BRICS: US DOLLAR IS NOW AN UNRELIABLE CURRENCY, SAY ANALYSTS

BRICS is doing everything to puncture the prospects of the US dollar as the White House is accused of weaponizing the currency. The bloc kick-started the de-dollarization agenda and is now convincing emerging economies to trade in local currencies. The alliance has been successful as many developing countries signed trade deals settling cross-border transactions in native currencies.

If the White House fails to import the dollar, the U.S. could enter a new era of hyperinflation. The US dollar needs to maintain its dominant position in the currency markets to make other countries absorb its deficit.

BRICS: The US Dollar Losing Its Reliability, Say BMO Analysts

Commodity analysts at BMO Capital Markets wrote that the US dollar is losing its sheen and BRICS is leveraging the development. The notion to push local currencies ahead for trade and transactions is easier now than ever before. “The US dollar is no longer seen as a reliable reserve asset,” wrote the analysts. 

The note added, “Looking at the broader picture, the combination of deficit spending, tariffs, and pressures on smaller nations has fueled market uncertainty. Increased uncertainty typically leads to lower interest rates for Treasuries but also causes turbulence in equity markets,” he said.

The recent stock market crash is also a cause of worry as investors lose trust in the trade sector. The note added that BRICS could also put gold forward and diversify their reserves more without the US dollar.

“Recently, we’ve seen heightened volatility and a meaningful decline in equities from their highs earlier this year. This underscores a fundamental question: What can people truly trust? The answer remains a physical metal, gold, which has preserved its value for thousands of years and has never been debased, unlike every currency in history.”

@ Newshounds News™
Source:  Watcher Guru

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Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis

Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis

Taylor Kenny:  4-9-2025

While the news cycle whirls with political dramas and fleeting headlines, a more profound, and potentially alarming, story is unfolding in the financial markets: the soaring price of gold.

This isn’t just a typical commodity price fluctuation; some experts argue that gold’s rise serves as a stark warning sign of a deeper, more systemic problem brewing beneath the surface – a crippling debt crisis threatening to destabilize the U.S. economy.

The core issue, as highlighted by financial analysts like Taylor Kenney on ITM Trading, is the staggering $36 trillion U.S. national debt. This monumental figure, largely ignored in main stream media, is rapidly spiraling out of control.

Even seasoned financial veterans are admitting that we’re navigating uncharted waters, with traditional economic models struggling to offer clear solutions or predict the long-term consequences.

Historically, gold has served as a safe-haven asset, a store of value sought after during times of economic uncertainty and currency devaluation. When investors lose faith in traditional assets like stocks and bonds, particularly those backed by debt-ridden governments, they often flock to gold, driving up its price.

The current gold rally suggests growing anxiety about the stability of the dollar and the ability of the U.S. government to manage its burgeoning debt.

Adding fuel to the fire is the increasing trend of central banks around the world diversifying their reserves, moving away from the U.S. dollar and towards other assets, including gold.

 This de-dollarization trend, if sustained, could further weaken the dollar’s global dominance and exacerbate the existing debt crisis. Central banks, typically conservative and meticulous in their investment strategies, aren’t known for making rash decisions.

Their shift towards gold suggests a pragmatic assessment of the increasingly precarious global economic landscape.

Ignoring the warning signs flashing in the gold market could be a costly mistake. While the future is uncertain, understanding the underlying issues and taking proactive steps to protect your wealth is crucial for navigating these turbulent economic times.

The soaring price of gold isn’t just a number; it’s a call to action. It’s a reminder that prudence and informed decision-making are paramount in safeguarding your financial future in an increasingly volatile world.

https://youtu.be/nG4bkwymAeU

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 4-10-25

Good Afternoon Dinar Recaps,

PRESIDENT TRUMP USHERING IN CRYPTO ‘GOLDEN AGE,’ WHITE HOUSE OFFICIAL SAYS

The return of US President Donald Trump has come with some concern, but according to one White House official, his administration is set to usher in a new crypto ‘golden age.’ Indeed, Trump’s executive director of digital assets, Bo Hines, recently discussed the impact that his presence will have on cryptocurrency development in the country.

In a post to X (formerly Twitter), Hines called Trump the “true crypto President.” He noted that his stance on the emerging asset class will propel growth. Moreover, he said this effort will help crypto companies that “were victims of a weaponized justice system under the Biden regulatory regime.”

White House Official Says Trump Administration Will Bring New Golden Age for Crypto in US

It has certainly been a volatile start to US President Donald Trump’s second term thus far. Just three months into the year, the returning administration has sought to balance trade with the presence of new Liberation Day tariffs. Subsequently, the move greatly affected the US stock market, with a monumental crash and recession fears abounding the economic outlook.

However, the administration is still hopeful that the short-term struggle will benefit the country in the long term. Moreover, it is optimistic about one key industry that could surge over the next four years. Indeed, US President Trump is poised to usher in a crypto ‘golden age,’ according to White House official Bo Hines.

Speaking to Fox News, the top cryptocurrency policy official for the administration discussed the industry’s potential. “The president has made this a priority, and it is a testament to his leadership and his knowledge of the space,” Hines said.

“Unlike any president before him, he has truly embraced this technological development in a way that no one else has, which has allowed us to do what we need to do to make the United States the crypto capital of the world,” he added.

Hines also notes that the administration is “clearing the deck” of Biden-era policies. Indeed, the previous president had a well-established opposition to the industry. Yet, things have already changed drastically in the early months of Trump’s return. Things should continue, with Standard Chartered saying Bitcoin has $500,000 upside under Trump.
@ Newshounds News™

Source:  Watcher Guru

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ELIZABETH WARREN ACCUSES TRUMP OF MARKET MANIPULATION OVER TARIFF CHAOS

Senator Warren accuses Trump of market manipulation through erratic tariff decisions, alleging insider profit.

Trump's unpredictable tariffs, including a sudden hike on Chinese goods and a temporary pause, are causing market instability and economic uncertainty.

Congress is facing pressure to investigate Warren's claims and address the economic impact of Trump's tariff policies.

President Donald Trump’s 90-day tariff pause gave crypto markets a brief moment to breathe—but the calm didn’t last long. Behind the scenes, political tensions are heating up fast. U.S. Senator Elizabeth Warren is now going after Trump with serious accusations, claiming his unpredictable tariff moves may have been more than just bad policy. She says they might have been a calculated play to benefit his wealthy allies.

Could these sudden shifts in trade policy be more than meets the eye? The story gets deeper—and more explosive—the further you look.

Is Trump Playing the Market?

Warren is urging an independent investigation to find out whether Trump’s sudden tariff changes were meant to benefit his wealthy Wall Street allies. She argues that his actions go beyond bad economic planning and could point to deeper issues. Calling the pattern “corruption,” Warren claims that insiders close to Trump may have made profits by taking advantage of market chaos.

One of Warren’s main concerns is the sharp increase in tariffs on Chinese goods—from 105% to 125%—which caught markets off guard. Around the same time, Trump announced a 90-day pause on tariffs for other countries. This brief relief calmed the markets temporarily, but Warren believes the timing may have been deliberate—giving insiders a chance to “buy the dip” before prices bounced back.

Economic Warning Signs Are Flashing

Warren didn’t stop there. She blamed Trump’s constant changes in trade policy for hurting the U.S. economy, saying the “flip-flopping” has shaken investor confidence. With factory output slowing and job openings (JOLTS data) showing weakness, fears of a possible recession and rising inflation are growing.

From the Senate floor, Warren called on Congress—especially Republicans—to take action and put an end to what she calls “Trump’s tariff chaos.” She warned that this unpredictable approach to trade could cause even more damage to the economy if left unchecked.

More Lawmakers Join In

Representative Steven Horsford also criticized Trump’s sudden tariff reversal, saying it might be an example of market manipulation. He questioned who benefited from the move, hinting that billionaires may have taken advantage of the situation. His comments reflect growing concern in Congress that Trump’s trade policies are helping a select few while creating volatility.

Other lawmakers have also raised red flags, worried that Trump’s unpredictable trade strategy could harm the U.S. economy in the long run.

Former National Security Advisor John Bolton also voiced his disapproval. He said Trump’s tariff approach is flawed, and instead of working with allies to hold China accountable for intellectual property theft, Trump has picked fights with major trading partners.

As political and economic tensions rise, attention is now on Congress. Will lawmakers launch a formal investigation into Warren’s claims of market manipulation? For now, the pressure is building—and the markets are watching closely.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

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