Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Lawrence Lepard: The Big Print - Make the Money System Great Again

Lawrence Lepard: The Big Print - Make the Money System Great Again

Palisades Gold Radio:  2-28-2025

Tom welcomes back Lawrence Lepard from Equity Management Associates to discuss his new book, "The Big Print: What Happened to America and How Sound Money Will Fix It."

Lepard emphasized that the U.S. monetary system began deteriorating with Nixon's abandonment of the gold standard in 1971, leading to persistent inflation and debt accumulation.

He argued that sound money — gold, silver, and Bitcoin — is essential to fix these issues.

Lawrence Lepard: The Big Print - Make the Money System Great Again

Palisades Gold Radio:  2-28-2025

Tom welcomes back Lawrence Lepard from Equity Management Associates to discuss his new book, "The Big Print: What Happened to America and How Sound Money Will Fix It."

Lepard emphasized that the U.S. monetary system began deteriorating with Nixon's abandonment of the gold standard in 1971, leading to persistent inflation and debt accumulation.

He argued that sound money — gold, silver, and Bitcoin — is essential to fix these issues.

 Gold provides stability, while Bitcoin offers a digital solution to scarcity and divisibility, though it is still volatile.

The interview explored how inflation affects everyday life, with Lepard noting that the government's reported inflation rates often underestimate real costs.

He criticized the Federal Reserve for prioritizing debt servicing over economic fairness, leading to a cycle of printing money that disproportionately harms wage earners. Lepard also discussed the political challenges in transitioning to sound money, suggesting that widespread public awareness and grassroots support are needed to push for systemic change.

He warned against complacency, noting that the U.S. is on a trajectory toward a debt crisis unless decisive action is taken.

 The conversation concluded with Lepard encouraging listeners to engage with his book to better understand these issues and advocating for a future where sound money restores economic health and fairness.

 Time Stamp Reference

 0:00 - Introduction

0:40 - The Big Print

7:20 - Where It Went Wrong

10:00 - CPI Chart 1800-2005

12:00 - Inflation a Key Issue

 15:00 - The Wealth Gap

18:30 - Next Monetary Crisis

21:20 - A Moral Imperative

23:00 - Debt System Origin

 26:00 - Top Vs. Bottom Wealth

27:00 - Why All Fiats Fail

31:00 - Lies & Inflation Stats

34:50 - Deflation Boogeyman

38:00 - Solutions & Outcomes

 45:00 - Peg to Real Assets

48:45 - Bitcoin Advantages

52:20 - Resets & Reserve Currency

 56:30 - Book & Wrap Up

https://www.youtube.com/watch?v=Rs97B5wZH9s

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Bruce’s Big Call Dinar Intel Thursday Night 2-27-25

Bruce’s Big Call Dinar Intel Thursday Night 2-27-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody the big call tonight. It is Thursday, February 27th  and you're listening to the big call. Thanks for joining us, wherever you're located, around the globe. Thank you sat team for hooking everybody up around the globe to listen in. The rest of you on free conference call glad to have you, and many of you listen to the replay, which is another great way to hear us. So thanks for listening everybody.

Let's, let's get into where we where we want to be on the intel tonight. So what do I want to bring out first. The first thing that I'm thinking of is, yeah, do we do we have any new information about Social Security increases, or about R and R? Not right now, and I told you guys on Tuesday night I wasn't giving it much hope for coming by the end of this month with three days to go, that was on Tuesday night.

Bruce’s Big Call Dinar Intel Thursday Night 2-27-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody the big call tonight. It is Thursday, February 27th  and you're listening to the big call. Thanks for joining us, wherever you're located, around the globe. Thank you sat team for hooking everybody up around the globe to listen in. The rest of you on free conference call glad to have you, and many of you listen to the replay, which is another great way to hear us. So thanks for listening everybody.

Let's, let's get into where we where we want to be on the intel tonight. So what do I want to bring out first. The first thing that I'm thinking of is, yeah, do we do we have any new information about Social Security increases, or about R and R? Not right now, and I told you guys on Tuesday night I wasn't giving it much hope for coming by the end of this month with three days to go, that was on Tuesday night.

Now we're on Thursday night with one day left tomorrow, and I don't think we're going to see this month. That's a pretty safe bet,  BUT -- I am encouraged by the fact  that we did receive a little bit of information, a couple of small puzzle pieces that we’re using to fill in this puzzle to try to complete the picture that we're looking for, and such is the fact that right now, I know that we had two very strong sources that were telling us that, don't worry, this is going to be the week that we receive our notifications.

And even though we only have two days left, Friday and Saturday this week, I think it's quite possible that we still will get notified and set an appointment this week.

Now, how do I say that?  I know, for example, that one of our redemption center staff members is working tomorrow morning at Wells, Fargo Bank, and then goes after lunch into the redemption center tomorrow, Friday.

Why would that be? Why would a person work in the bank in the morning and go to the redemption center in the afternoon, unless they were expecting for the toll free numbers to come out in our emails, our notifications, and then we call, and this person is there on the redemption center end to help set our appointments.

That made perfect sense to me. I thought, you know, tomorrow is the 28th of February, so last day of the month? Could they notify us on Friday still this week. And could they notify us where we get our numbers and we set our appointment tomorrow? Could be tomorrow afternoon, but we set it for Saturday or Sunday or Monday or whatever next week. I think it's very possible

I’m not calling it. I'm not saying that it's definite, but it looks good for us to get notified and set our appointments for exchanges that would start on Saturday, the first of March, in a whole brand new month, 31 days of March. So that is, that is quite possible.

I really think if this is going to happen this week. And I know it's a big if, but if, what we're told was it would be this week, don't worry, then I see that as the way it's going to happen.

Now, as far as redemption centers go, we got some information about one email that was received in the morning yesterday, one was received in the afternoon, still waiting on one more, but did not come this morning, as was expected, but should be there tomorrow.

And we don't know what this email that hasn't been received will say, but what it could say is when the green light will be turned on for our notifications to be released. That's what I believe it should say. It could say. And of course, we won't know it until tomorrow, but I think I'm encouraged by the fact that that is coming.

The other thing that's interesting is or having trouble getting the word from bond holders and bond pay masters that they have money. We believe they have the funds in their accounts, and we believe some have been told how much that is, but we don't know if they have received the email to tell them when they can have access to those funds.

My feeling is, but I don't know this, but my but my feeling is that they should bond owners should get those notifications tomorrow   and again, we won't have it for the big call tonight, but if they do get them tomorrow, will it say that they have access to funds on Saturday - or will give them access to funds sometime tomorrow. Either one is possible, either one is possible.

 And I believe with that information which I wish I had tonight, I don't but if I knew that they would have access to funds either Friday or Saturday, tomorrow or Saturday, then I would feel really good about saying, Well, we're next. We're going to be notified post haste, and that part of the 48 hour rollout of everybody that's to receive funds, whether it's from bond holders monies, whether it's admirals groups or our Internet Group, all of us to receive funds within a modified shotgun start of 48 hours.

So I'm encouraged by that. I think that that the timing of this is really interesting. The other thing that's that's happening, I'm trying to think of a couple other things that I that I wanted to bring out to you guys tonight, and one of which is today, after the Prime Minister of the United Kingdom had meetings with President Trump, and had a press conference with President Trump, which was very good, by the way. I enjoyed both of those -  right after that, President Trump signed off on BOTH  NESARA and GESARA -  

NESARA, our National Economic Strategic And Recovery Act, and GESARA  the global economic strategic and Recovery Act. He signed off on both of those today, this afternoon, and we believe that those will probably be brought out because they weren't mentioned today. They probably will be brought out this coming Tuesday, which should be the fourth of March, or March that is something that's going to be actively in both houses of Congress the Senate as a representative.

Okay, that is a mandatory get together of both House and Senate, joint chambers, if you will, both chambers of Congress, rather a wish of commerce of Congress, and that brought out at that time, and who knows what else?

I think there's a possibility we get something about our new USN, our new our new USA Treasury notes, our new currency, our new money, totally money. And maybe something about our brand new digital currency brought out, then it is going to be, it should be a really good day –

Now could this go before Tuesday. I believe it can, at least that's what I'm hearing from all of our sources. I don't think we're waiting. In other words, I hope we are not waiting on Tuesday.

What else is happening today?

You know, we had Jeffery Epstein papers that were supposed to come out today, and they got a little smattering of some things that wasn't the big impact that our Attorney General Bondi was expecting, but she has taken charge.

She let our brand new Head of the FBI Kash Patel know about the fact that they did not get all the documents out of New York, and so they have to deliver those  to Washington and Bondi’s office by 8am tomorrow morning, Eastern Standard Time, but somebody ought to be bringing those down by Jet or train  tonight from Heath, from Washington, DC, and get that out and tell by surprise and body by surprise, but don't worry, they're on it. They are on it, and they will make sure FBI is held to account for these documents.

So be prepared for some news on those lines tomorrow, and let's see what else tonight. Unfortunately, there was,  let's see what else I want to bring out right now,

I really hoped I would get a little bit more this afternoon and tonight, even during the call, that would indicate that we are right there and we are right there, but a little something that would give us more confirmation about tomorrow.

So I'm going to hold that it's very possible to get notified tomorrow, set appointments starting Saturday, and that would be awesome, because we get it by the end of the month, last day of the month, and then we start exchanges on the first of March. And I'm hoping that's exactly what happens to you guys.

 I'm telling you, if that occurs, like I've heard, it would be a win. It'd be a definite win. And I think that we have a lot to be thankful for -  things are definitely moving in the right direction.

President Trump is doing an outstanding job, along with Elon Musk and his team and Doge, I love the fact that they're saving billions of dollars a day by going in finding out where is the waste, where is the fraud?

Social Security benefits will not drop, neither will Medicare or Medicaid. If anything, they're going to find the waste  in the system. They'll find people that are no longer alive  getting checks in Social Security. And you know it, they seem to be really good when they're able to nail down all of those things and tighten up the list and tighten up everything in all organizations in our federal government, and they're doing an outstanding job. And of course, Elon outstanding job, by the way, he's doing it for free. Does he need the money? No, of course not. He doesn't. That is his heart is in the right place, doing doing the right thing for the American people.

Was there anything I want to bring up right now, I can’t think of it  right now - if there were, I know that there are a couple of things I was thinking about. They're not coming to me right now, so I think what I'll do is thank Sue for doing an outstanding job

And I'd like to thank Bob for an outstanding job, as well for helping to co host the call and giving beautiful insight and stories that are very relevant for us, And thank you. GCK, everybody else that has contributed to big call.

I'm hoping guys that we get this this weekend and then send out a short celebration call, I think that's all I wanted to bring out tonight. Keep an eye on your emails. All right, all right, everybody, let's pray the call out

Bruce’s Big Call Dinar Intel Thursday Night 2-27-25 REPLAY LINK   Intel begins   1:02:22

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Bruce’s Big Call Dinar Intel Tuesday Night 2-25-25 REPLAY LINK   Intel Begins   1:27:27

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Bruce’s Big Call Dinar Intel Thursday Night 2-20-25 REPLAY LINK   Intel begins   1:18:12

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Bruce’s Big Call Dinar Intel Tuesday Night 2-18-25 REPLAY LINK   Intel Begins   1:00:00

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHNia

Bruce’s Big Call Dinar Intel Thursday Night 2-13-25 REPLAY LINK   Intel begins   1:19:20

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Bruce’s Big Call Dinar Intel Tuesday Night 2-11-25 REPLAY LINK   Intel Begins   1:07:37

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Bruce’s Big Call Dinar Intel Thursday Night 2-6-25 REPLAY LINK   Intel begins   1:19:4O

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHn3J

Bruce’s Big Call Dinar Intel Tuesday Night 2-4-25 REPLAY LINK   Intel Begins   44:24

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHn0B

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Friday Afternoon 2-28-25

Good Afternoon Dinar Recaps,

SEC COMMISSIONER DISSENTS ON AGENCY’S MEMECOIN STANCE

Commissioner Caroline Crenshaw said that the agency’s working definition of memecoins was vague and could be easily misconstrued.

US Securities and Exchange Commission Commissioner Caroline Crenshaw issued a dissenting opinion on the SEC’s recent stance that memecoins are not securities.

Good Afternoon Dinar Recaps,

SEC COMMISSIONER DISSENTS ON AGENCY’S MEMECOIN STANCE

Commissioner Caroline Crenshaw said that the agency’s working definition of memecoins was vague and could be easily misconstrued.

US Securities and Exchange Commission Commissioner Caroline Crenshaw issued a dissenting opinion on the SEC’s recent stance that memecoins are not securities.

According to the commissioner’s Feb. 27 statementmemecoins could satisfy the Howey test’s condition of profiting from the managerial efforts of others due to the coordination between developer teams and promoters.

The commissioner added that most, if not all, cryptocurrencies could be defined as memecoins under the SEC’s recent guidance, which was released on the same day. In this guidance, the agency stated that memecoins represent online social trends with speculative value and high volatility — and are not securitiesCommissioner Crenshaw, however, has a different viewpoint:

“Today’s statement paints meme coins as cultural projects whose purpose is entertainment and social engagement. The reality is that meme coins, like any financial product, are issued to make money.”

Memecoins have come into sharper focus following several high-profile scams, hacks and even presidential memecoin launches that threaten the long-term viability of the sector and invite scrutiny from state officials.

US regulators and lawmakers attempt to reign in memecoins

Following US President Donald Trump’s memecoin launch, several Democrat lawmakers, including Elizabeth Warren, called for an investigation into potential ethics violations of the presidential token.

On Feb. 27, California Member of Congress Sam Liccardo announced that House Democrats are prepping a bill that would ban presidential memecoins.

The proposed bill, titled “The Modern Emoluments and Malfeasance Enforcement (MEME) Act,” would prohibit US lawmakers from sponsoring, issuing or endorsing any digital asset.

Moreover, spouses and dependents of US representatives, the president, vice president and senior executive branch officials are also prohibited from issuing or sponsoring memecoins under the bill.

Attorney Elizabeth Davis, former chief attorney at the Commodity Futures Trading Commission (CFTC), recently argued that memecoins should be regulated by the CFTC.

Davis told Cointelegraph that if the commodities regulator is granted regulatory oversight over crypto, then there is a strong likelihood that memecoins will be included in their purview.

The attorney also expressed confidence that comprehensive memecoin regulations would be established in the United States over the next year — putting an end to the regulatory ambiguity surrounding social tokens.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

ARIZONA APPROVES BITCOIN RESERVES, BUT WYOMING AND MONTANA ARE SAYING NO – HERE’S WHY

▪Arizona advances crypto legislation - two bills, one establishing a digital asset reserve and another focused on Bitcoin investment

▪While Arizona embraces crypto reserves, other states like Wyoming and Montana reject them due to volatility concerns.

▪Bitcoin's recent price drop fuels skepticism, while predictions suggest federal crypto legislation is forthcoming.

Arizona is pushing ahead with cryptocurrency investment as two Bitcoin reserve bills have passed the Senate, setting the stage for final approval in the state’s House of Representatives.

While states like Wyoming and Montana are rejecting similar measures over concerns about crypto’s volatility, Arizona is doubling down on digital assets.

If these bills pass in the state’s House of Representatives, Arizona could become one of the first states to officially hold Bitcoin in its reserves.

Senate Approves Bitcoin Reserve Bills

On Feb. 27, the Arizona Senate approved the Strategic Digital Assets Reserve bill (SB 1373) in a 17-12 vote, sending it to the House for final approval. Sponsored by Republican Senator Mark Finchem, the bill aims to create a Digital Assets Strategic Reserve Fund, which will be managed by the state treasurer. The fund will include legislative appropriations and crypto assets seized by the state.

To limit risk, the treasurer would be allowed to invest no more than 10% of total fund deposits per fiscal year. However, the state could loan out digital assets to generate returns as long as it doesn’t add financial risk.

Another Bill Aims to Allow Bitcoin Investments

A second Bitcoin-related bill is also moving forward. The Strategic Bitcoin Reserve Act (SB 1025), co-sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, passed the Senate with a 17-11 vote.

Unlike Finchem’s bill, which focuses on managing seized crypto assets, SB 1025 allows the state to invest public funds directly into Bitcoin and other cryptocurrencies. This signals Arizona’s growing commitment to incorporating digital assets into its financial strategy.

Crypto Legislation Gaining Momentum Nationwide

Dennis Porter, founder of Satoshi Action Fund, believes federal regulation of cryptocurrencies is inevitable. He predicts lawmakers will first regulate stablecoins, followed by broader market structure rules, and eventually, Bitcoin reserves.

While Arizona and Utah are leading the push for crypto reserves, 18 other states are still waiting for approval. However, not all states are on board—Montana, Wyoming, and others have rejected similar plans, calling Bitcoin too risky.

Trump Weighs Heavy on the Markets

Despite increasing political support for crypto, Bitcoin’s price has taken a hit. The asset dropped below $80K, and analysts fear it could fall further to $70K–$75K. Bitcoin is down 17% this week, with Trump’s tariff policies adding to market uncertainty.

Amid the panic, Michael Saylor jokingly told investors to “sell a kidney if you must, but keep the Bitcoin.” While Saylor continues to advocate for a U.S. Bitcoin reserve, the recent price drop has given skeptics more reason to doubt Bitcoin’s long-term stability.

@ Newshounds News™

Source:  Coinpedia
~~~~~~~~~

FEBRUARY IN CHARTS: SEC DROPS 6 CASES, MEMECOIN CRAZE COOLS AND MORE

@ Newshounds News™

Read the story:  CoinTelegraph

~~~~~~~~~

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Friday PM 2-28-2025

KTFA:

Clare:  At an initial rate of 185 thousand barrels.. Oil Minister: Resumption of Kurdistan oil exports will take place within hours - Urgent

- Baghdad

Oil Minister Abdul Ghani Al-Sawad said that Iraq will announce in the coming hours the start of the region's oil export operations.

The Minister of Oil said in a statement received by (Al-Rabia) that "Iraq will announce in the coming hours the commencement of the region's oil export operations through the State Oil Marketing Company (SOMO) via the Turkish port of Ceyhan at an initial rate of 185 thousand barrels, gradually increasing to reach the capacity specified in the general federal budget."

KTFA:

Clare:  At an initial rate of 185 thousand barrels.. Oil Minister: Resumption of Kurdistan oil exports will take place within hours - Urgent

- Baghdad

Oil Minister Abdul Ghani Al-Sawad said that Iraq will announce in the coming hours the start of the region's oil export operations.

The Minister of Oil said in a statement received by (Al-Rabia) that "Iraq will announce in the coming hours the commencement of the region's oil export operations through the State Oil Marketing Company (SOMO) via the Turkish port of Ceyhan at an initial rate of 185 thousand barrels, gradually increasing to reach the capacity specified in the general federal budget."LINK

Clare: Analysis detailing the reasons for the fluctuations in the exchange rate of the Iraqi dinar against the dollar over 21 years

2/28/2025

The "Iraq Al-Mustaqbal" Foundation for Economic Studies and Consultations attributed, on Friday, the reasons for the fluctuations in the exchange rate of the dinar against the US dollar in the parallel market over more than two decades in the country to internal and external factors.

This came according to an analysis issued by the institution, in which it explained these fluctuations from 2005 until 2024.

The institution stated in its analysis that "the exchange rate of the Iraqi dinar against the US dollar in the parallel market witnessed noticeable fluctuations over the course of 21 years, as it was affected by a group of factors ranging from political, legislative and economic."

The analysis added that "supply and demand were the most influential, as the patterns of exchange rate changes differed according to the months of the year as a result of internal and external factors, such as the timing of the launch of the general budget and official holidays in major countries exporting goods to Iraq, such as China and Iran."

He pointed out that "by analyzing the exchange rate data in the parallel market from 2005 to 2024, there appears to be a recurring pattern that reflects the dinar's value being affected by specific months more than others."

According to the institution, “December was the month with the most frequent increase in the value of the dinar, as it witnessed a decline in 13 years out of 21 years, followed by: August and June with increases in the value of the dinar against the dollar in 11 years, then April 10 times, while October and November witnessed an increase 9 times, and March 8 times.”

May was the month with the least frequent decline in the value of the dinar, as its value rose only 4 times during the period studied, which gives a semi-impression that the prices of the dinar against the dollar rise in the months of February, March and April, then decline again against the dollar in May as a result of the strong return of demand in May.

The institution warned in its analysis that "despite this clear seasonal impact on the exchange rate, there are other factors that cannot be ignored, such as the levels of dollar sales by the Central Bank of Iraq, which directly affect the size of the money supply in the market, as well as political and financial factors such as the timing of the release of general budget funds, in addition to geopolitical situations that may cause sudden disturbances in the demand for foreign currency."

The analysis concluded that “the seasonal effect remains one of the main elements in determining the exchange rate trends in Iraq, as a recurring pattern appears at the end of the year and the beginning of the fiscal year, in addition to being affected by official holiday periods in countries exporting goods to Iraq. However, other factors, such as monetary policies and political and economic developments, remain a direct influence on the parallel market, which makes it necessary to monitor all these variables to understand exchange rate changes more accurately.”  LINK

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

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

Frank26   I get chills every time I hear Saleh say they banking structure in Iraq now has security and stability because those were the same words Dr. Shabibi, the author of the Iraqi monetary reform wanted, demanded, before a new exchange rate was released.  These are exciting times.

Militia Man For all you folks that have been in the dinar for a long time, if you remember back 15+ years ago, who was there? CitiBank was.  Article quote:  "In recognition of its outstanding performance gave the excellence award to the National Bank of Iraq...in managing incoming and outgoing financial transfers stressing that this is an achievement that reflects its commitment to the highest standards of quality and transparency in banking services."  ...They're ready to go!

Can Trump Expose Fed’s Gold Cover-Up? Feat. Daniel Lacalle - LFTV Ep 212

Kinesis Money:  2-28-2025

In this week’s Live from the Vault, Andrew Maguire sits down with renowned economist Daniel Lacalle to dissect the shifting global financial landscape, from the erosion of trust in political institutions to the rise of gold as a preferred reserve asset.

 As resistance grows against mainstream narratives, political and economic turns in Europe, the US, and beyond are driving demand for gold, whilst central banks are reducing reliance on sovereign debt, signalling significant market changes ahead.

00:00 Start

02:22 JD Vance on EU and UK freedom of expression issues

 05:10 Could DOGE cuts impact Davos agenda funding?

08:15 UK Labour’s restrictive civil liberty policies

13:45 US wasteful government spending

 17:15 Healthy criticism of the EU amid its rapid decline

 25:00 Daniel on economic stagnation and persistent inflation

27:50 Aftermath of BIS making gold a first-tier asset

33:00 Why government bonds are no longer a reserve asset

 35:20 Trump explores monetising US Treasury gold

37:10 Can Trump audit the Federal Reserve?

42:10 Musk’s DOGE shows how fast frauds can be exposed

46:05 China’s National Regulatory Administration opens gold buying to insurers

 52:35 Gold as the ultimate wealth protection

55:40 Daniel on silver’s role in an investment portfolio

https://www.youtube.com/watch?v=7J9fwINQgRE

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Homes aren’t Getting More Expensive and Gold Just Proved it

Homes aren’t Getting More Expensive and Gold Just Proved it

Taylor Kenny:  2-27-2025

We’re all feeling the squeeze. Whether it’s at the grocery store, the gas pump, or even just contemplating the dream of homeownership, the rising cost of everything is a palpable reality.

While inflation is the word on everyone’s lips, understanding the why behind this economic phenomenon is crucial to protecting your financial future. And a key piece of the puzzle lies in the history of the US dollar and its relationship with gold.

For decades, wages and housing prices largely moved in tandem, reflecting a relatively stable economic environment.

However, a significant shift occurred in 1971 when the U.S. government completely severed the dollar’s link to gold. This pivotal decision unleashed forces that continue to impact our financial lives today.

Homes aren’t Getting More Expensive and Gold Just Proved it

Taylor Kenny:  2-27-2025

We’re all feeling the squeeze. Whether it’s at the grocery store, the gas pump, or even just contemplating the dream of homeownership, the rising cost of everything is a palpable reality.

While inflation is the word on everyone’s lips, understanding the why behind this economic phenomenon is crucial to protecting your financial future. And a key piece of the puzzle lies in the history of the US dollar and its relationship with gold.

For decades, wages and housing prices largely moved in tandem, reflecting a relatively stable economic environment.

However, a significant shift occurred in 1971 when the U.S. government completely severed the dollar’s link to gold. This pivotal decision unleashed forces that continue to impact our financial lives today.

Prior to 1971, the dollar’s value was directly tied to gold, meaning a certain amount of dollars could be exchanged for a fixed quantity of gold. This provided a natural constraint on the money supply. With the gold standard abandoned, the Federal Reserve gained the ability to print money virtually without limit.

Without the gold standard to tether it, the dollar’s value became increasingly susceptible to inflation. Printing more money effectively dilutes the existing currency, driving up prices for goods and services.

The detachment of the dollar from gold was a watershed moment in modern economic history. While the full ramifications are still unfolding, understanding the link between monetary policy, inflation, and your purchasing power is paramount.

 By taking proactive steps to protect your wealth through diversification, strategic investments, and a proactive approach to financial planning, you can navigate the challenges of dollar devaluation and build a more secure financial future. Remember, knowledge is power, and informed decisions are your best defense against the silent thief of inflation.

Watch the video below from ITM Trading with Taylor Kenney for further insights and information.

https://youtu.be/0W_jjXvQdFg

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MarkZ, Chats and Rumors Dinar Recaps 20 MarkZ, Chats and Rumors Dinar Recaps 20

Coffee with MarkZ and Mr. Cottrell. 02/28/2025

Coffee with MarkZ and Mr. Cottrell. 02/28/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning Mark Mods & Family

​​Member: Here we are at the end of another week, and another month too!

Member: Hoping Mark has RV news today

Coffee with MarkZ and Mr. Cottrell. 02/28/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning Mark Mods & Family

​​Member: Here we are at the end of another week, and another month too!

Member: Hoping Mark has RV news today

Member: Mark, is this weekend the one we have all been praying for so long.?

MZ: I had one historic bond contact check in who said they still expect their payout this month. Wait a minute…..today is the last day of February. Hope that turns out to be accurate. But tons of folks are expecting dollars over this weekend.

MZ:  I am still looking for a update on the group side which I do not have

MZ: But one Wealth management/redemption center contact told me they will be working both days this weekend. I don’t know what this means or what they will be doing…..but they are working a full day on Saturday and a half a day on Sunday.

Member: Mike Bara claimed yesterday Bond holders cashing out in Zurich & Reno.

MZ: I think we could see “In the coming days” bond money moving….maybe over the weekend….and then possibly see currency movement . I hope to have a group update over the weekend.

Member: How great would that be!!!!

MZ: If group chatter picks up I would feel really good about the next 4 or 5 days.

Member Maybe the release of the Epstein list will be cover to release the RV?

MZ: That is possible

MZ: A good one on history dropped yesterday from Arcadia Economics. “The shocking truth of the Ft. Knox Gold Audits”   for those of you want a little homework today https://www.youtube.com/watch?v=J2mLTtjhJjk

MZ: “The gold at Ft. Knox was stolen from Americans” This is a historical look at where the gold came from. Most came from Americans by not honoring World War 1 Gold bonds. People had bought gold bonds and were supposed to be paid out in gold. Then the government said they don’t have enough and they weren’t going to do that. I bet these Gold based Liberty bonds will have to be paid out with Nesara/Gesara.

MZ: They are also talking about all the gold theft that happened when Roosevelt was president….and his efforts to end the gold reserve system.

MZ: We are still waiting on a real audit of Ft. Knox to find out what is real and what is not.

MZ: “In the coming hours –Iraq begins to resume oil exports in the Kurdistan region” The testing and checking of the pipeline went better than they expected. They are hoping to be started this weekend. Starting at 185 thousand barrels a day and then ramp up…..this is a huge income increase for Iraq.

Member: If Kurdistan is moving oil, don't they need a new rate?

MZ: “ Trump says an additional 10% tariff on china to start March 4th.” Also tarrifs on Mexico and Canada will start Mar 4th because illegal drugs are still pouring in (high and unacceptable levels) from all these countries.

Member: Wow- March 4th Trump is also to give a big speech. Lots of RV rumors about March 4th.

Member: March 4 is the constitutional inauguration day, Lincoln was inaugurated on that day

Member: What is the total amount of currency holders in 4B worldwide?

MZ: I don’t really know. If I had to guess –maybe a quarter of a million currency holders in tier 4b.

MZ: the end of the month would be a great time to do revaluations in many countries.

Member: Just got the official notification, Ramadan starts tomorrow March 1 in the UAE

Member: Ready to exchange the foreign currency for gold backed money. Let’s go

Member: I wish they would just pull the pin already. It’s so frustrating to be awake waiting for the sleepers. Let’s go already!!

Member: Please Lord release the RV!! So many are at the end of their rope

Member: On your journey to your dream, be ready to face oasis and deserts. In both cases, don’t stop

Member:  Hope you all have a fantastic and prosperous weekend!

MZ: there will be no podcast tonight

Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Kick:  https://kick.com/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ “Back To Basics” Pre-Recorded Call” for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube:    https://www.youtube.com/watch?v=e6yLBfw6QGQ

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Friday Morning 2-28-25

Good Morning Dinar Recaps,

WHEN IS THE BRICS SUMMIT IN 2025?

Brazil will chair the BRICS summit in 2025 under the helm of President Luiz Lula da Silva. The alliance will reinforce its commitment to reshape the global order and usher their economy into a new financial territory. Apart from discussing financial issues, the bloc will also make decisions on climate change and global governance.

The BRICS alliance will collectively collaborate on policymaking at the 2025 summit and represent the population of developing nations. This year’s summit is important as the nine-member bloc will decide on concrete steps to strengthen their economies. The move could reshape the geopolitical landscape and challenge the Western-dominated global financial order.

Good Morning Dinar Recaps,

WHEN IS THE BRICS SUMMIT IN 2025?

Brazil will chair the BRICS summit in 2025 under the helm of President Luiz Lula da Silva. The alliance will reinforce its commitment to reshape the global order and usher their economy into a new financial territory. Apart from discussing financial issues, the bloc will also make decisions on climate change and global governance.

The BRICS alliance will collectively collaborate on policymaking at the 2025 summit and represent the population of developing nations. This year’s summit is important as the nine-member bloc will decide on concrete steps to strengthen their economies. The move could reshape the geopolitical landscape and challenge the Western-dominated global financial order.

When & Where Is The Next BRICS Summit in 2025?

The next BRICS summit in 2025 is scheduled to take place in Brazil’s Rio De Janeiro from July 6th to 7th. The 17th summit will discuss de-dollarization, strengthening of local currencies, new trade deals, and also rewrite policies favoring developing nations. In addition, the alliance might also consensually decide about inducting new countries into the bloc.

Several leaders have hinted that the 17th BRICS summit in 2025 could begin discussions about alternative payment options to the US dollar. Brazil and India have confirmed that they do not support the formation of a BRICS currency. They are looking at various methods to settle cross-border transactions in local currencies.

“This is being discussed in BRICS (2025 summit), at the initiative of (Brazilian President Luiz Lula da Silva). The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks.

Such proposals have been made, they suggest, in particular, the creation of a so-called trans-border payment initiative, the creation of a reinsurance company, and the BRICS Clear settlement and depositary infrastructure,” said Russian Foreign Minister Sergey Lavrov.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

XRP NEWS TODAY: CLOSED-DOOR MEETING FUELS SPECULATION OVER RIPPLE LAWSUIT DISMISSAL

Ripple vs SEC’s closed-door meeting sparks speculation about lawsuit being dismissed soon.

▪Political pressure increases as Senator Lummis challenges SEC’s crypto regulatory approach.

▪Ripple's XRP dropped by 8% but lawsuit dismissal could push price toward $3.20


The U.S. Securities and Exchange Commission (SEC) held a closed-door meeting on February 27, 2025, sparking speculation about the future of the Ripple lawsuit. With the SEC recently dropping cases against major crypto firms like Coinbase, Uniswap, and Robinhood, many wonder if Ripple could be next.

Could the SEC End the Ripple Case?

The SEC sued Ripple in December 2020, saying the company sold XRP as an unregistered security. However, Judge Analisa Torres ruled in 2023 that XRP itself is not a security, weakening the SEC’s case.

Now, with increasing pressure on the SEC, people believe the agency might be ready to move on.

At the recent SEC meeting, officials discussed legal matters and settlements. While the details are secret, many think the Ripple case may have been included. Former SEC lawyer Marc Fagel does not believe this is a sign of progress, but pro-XRP lawyer Bill Morgan is confident that Ripple has the upper hand.

Political Pressure May Shake the Market

Senator Cynthia Lummis recently criticized the SEC’s approach to crypto regulation, stating that most digital assets are not securities under the Howey Test. Meanwhile, this aligns with Judge Torres’ ruling in the Ripple case, further strengthening Ripple’s position.

No official decision has been announced yet, but the next key date is April 16, when Ripple must submit its reply to the SEC’s appeal. If the SEC withdraws before then, it could mark the end of the long-running case, paving the way for a brighter future for XRP.

What Next For XRP?


As of now, XRP’s price is trading around $2.03 reflecting a drop of 8.19% with a market cap hitting $142 billion. However, many crypto experts believe that if the SEC drops the case, XRP could rise sharply. Some even predict a jump toward $3.20.

Meanwhile, there is also talk if Ripple lawsuits get dismissed, it will open the door for the approval of an XRP exchange-traded fund (ETF), which could push XRP’s price even higher.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Get Ready to Pay

Get Ready to Pay for Paris Hilton’s New House [Podcast]

Noteds From the Field by James Hickman  (Simon Black) January 14, 2025

In 1913, 24-year-old Charlie Chaplin arrived in Los Angeles, drawn by an offer from Keystone Film Company. Coming from a poverty-stricken childhood in London and a successful vaudeville career, Chaplin found in Los Angeles a place of limitless potential.

The city was largely undeveloped, surrounded by orange groves, open fields and dirt roads where coyotes still roamed. But it offered the perfect backdrop for the burgeoning film industry— mountains, oceans, deserts— and a chance to escape the constraints of traditional theater.

Get Ready to Pay for Paris Hilton’s New House [Podcast]

Notes From the Field by James Hickman  (Simon Black) January 14, 2025

In 1913, 24-year-old Charlie Chaplin arrived in Los Angeles, drawn by an offer from Keystone Film Company. Coming from a poverty-stricken childhood in London and a successful vaudeville career, Chaplin found in Los Angeles a place of limitless potential.

The city was largely undeveloped, surrounded by orange groves, open fields and dirt roads where coyotes still roamed. But it offered the perfect backdrop for the burgeoning film industry— mountains, oceans, deserts— and a chance to escape the constraints of traditional theater.

While San Francisco had flourished during the gold rush, Los Angeles was entering its own boom, fueled by filmmaking. Chaplin quickly became the silent era’s most famous actor, transforming the medium while the city grew into the heart of the movie industry.

Like Chaplin, Los Angeles embodied the spirit of creative freedom, shaping modern entertainment for a century.

The city, especially Hollywood, became synonymous with the film industry, and perhaps took that for granted.

Like California in general, LA assumed that however poorly it treated its residents, however burdensome the regulation, however high the taxes, people would still come flocking like there was gold in the hills.

If you ever wanted to be the author of your own decline, follow the example of California, and Los Angeles in particular.

Hollywood has chased away its own industry to burgeoning film locations like Georgia, New Mexico, and Toronto. Georgia especially is raking in the benefits from LA’s decline.

Los Angeles was a one industry town, and they chased it away.

They forced countless lockdowns on the city during COVID, even threatened to cut off water to those who dared to invite guests over. They declared themselves a sanctuary city against federal law, inviting illegals to enjoy a multitude of free benefits— then expected federal dollars to pay for it.

They cut police, and refused to enforce basic laws against things like shoplifting, or keep even serious criminals in prison. They destroyed education, from elementary to university.

And every business and individual is absolutely drowned in useless permitting.

Oh, and with all their idiotic spending priorities, somehow fire fighting, in an area prone to wildfires, seems to be the only thing they were unwilling to properly fund.

Who would want to continue doing business there? Or invest there? Or live there?

And tax revenue and talented workers are part of the exodus.

California ran things into the ground until they no long had money for basic services.

But hey, at least people can still get private insurance when the government fails them!

Oh wait, California has also run them out of town. Because of California’s regulatory burden many insurance companies no longer do business in the state. And that has left a number of people, including those whose homes have burned down, without insurance.

California has long relied on federal bailouts to fund all these idiotic policies. Their COVID lockdowns were paid for with federal tax dollars, and they’ve received bags of cash from the Biden administration to help pay for migrant care.

The damage from these fires could easily exceed $50 billion, and again, since they have chased away insurance companies, I have a funny feeling that California is going to have its hand out to the federal government once again to help people rebuild form a crisis that was not only preventable but a direct result of political incompetence.

Would you be surprised if the federal government came to their rescue, and US taxpayers ended up paying for poor Paris Hilton’s burned out mansion, because no one would give her insurance?

There used to be a saying, "As California goes, so goes the nation."

And to be frank, I think that’s right. The US itself has some deep challenges brought on by the last several years of horrific leadership and terrible priorities.

There is, starting next week, an opportunity to makes things right and get it back on track. And I am certainly rooting for them to pull it off.

If they don’t, we don’t have to wonder what the future of the US looks like— the whole world can see the failures of the left, in Los Angeles today, laid to waste.

And it is a snapshot of what might come if the incoming leadership isn’t able to right the ship.

Tune in to today’s podcast where we talk about this in greater depth, including at the end explaining our whole ethos on building a Plan B.

(For the audio-only version, check out our online post here.)

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

 

https://www.schiffsovereign.com/trends/get-ready-to-pay-for-paris-hiltons-new-house-podcast-151973/

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Friday AM 2-28-2025

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 Fri. 28 Feb. 2025

Compiled Fri. 28 Feb. 2025 12:01 am EST by Judy Byington

Thurs. 27 Feb. 2025 Edward Griffin on the Federal Reserve: “When I did my research on this topic I came to the conclusion that the Federal Reserve system does not need to be audited, it needs to be abolished. The reason I say that is because if they audit the Federal Reserve system they would find out that it is doing exactly what it’s supposed to do.. It’s all out in the open…It’s one of the greatest scams of all history. Out on the surface.

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 Fri. 28 Feb. 2025

Compiled Fri. 28 Feb. 2025 12:01 am EST by Judy Byington

Thurs. 27 Feb. 2025 Edward Griffin on the Federal Reserve: “When I did my research on this topic I came to the conclusion that the Federal Reserve system does not need to be audited, it needs to be abolished. The reason I say that is because if they audit the Federal Reserve system they would find out that it is doing exactly what it’s supposed to do.. It’s all out in the open…It’s one of the greatest scams of all history. Out on the surface.

The demise of the IRS: On 20 Feb. Commerce Secretary Howard Lutnick confirmed on Fox News that Trump was erasing the IRS. Federal income taxes? GONE. Instead? Tariffs on foreign nations. Due to findings of a DOGE audit they were closing 120 IRS offices nationwide while firing thousands of employees. Breaking: Seconds After Getting The Bad News From Trump Every IRS Agent Is Literally Freaking Out | Blogging/Citizen Journalism | Before It’s News

ABOLISH THE IRS – It’s HAPPENING! …Emergency Streamline System on Telegram

February 25, 2025: The IRS is crumbling! Acting head Doug O’Donnell is out! His sudden “retirement” comes after Trump’s administration slashed IRS jobs and blocked deep state operatives from accessing private taxpayer data. The takedown has begun!

February 20, 2025: Commerce Secretary Howard Lutnick just confirmed on Fox News: Trump is ERASING the IRS! Federal income taxes? GONE. Instead? Tariffs on foreign nations – AMERICA FIRST! The plan: BALANCE THE U.S. BUDGET before Trump’s term ends! Lutnick declared, “I am so pumped up for it!” as he hinted at the creation of an External Revenue Service to oversee alternative funding. The corrupt tax regime is COLLAPSING before our eyes!

Central Banks PANIC – Gold Reserves SHIFT! The globalists are trembling! Major central banks are signaling that inflation is out of control, and they’re scrambling to stop it. The move? A MASSIVE shift into gold! Rising geopolitical tensions and economic sanctions on Russia are forcing nations to abandon fiat money and run to nationless gold!

Egypt Joins BRICS – The Death of the U.S. Dollar Begins! Egypt is making its move: $500 MILLION in yuan-denominated bonds! Russia is expanding Mir payment systems globally—a clear sign that the world is ditching the U.S. dollar. Egypt, Turkey, and Saudi Arabia? On the fast track to BRICS!

~~~~~~~~~~

Thurs. 27 Feb. 2025 Bruce:

Two very strong sources told Bruce this would be the week to receive notification to set appointments and Bruce believes this was still true because (1) he knows of a person who will work at a bank in the morning, and then go to work at a Redemption Center in the afternoon and (2) There was a third email that should be received at Redemption Centers tomorrow that could be the green light.

Today Thurs. 27 Feb. 2025 Trump signed off on both GESARA and NESARA. Trump will likely talk about GESARA and NESARA when he addresses both houses of Congress next Tues. 4 March.

Read full post here:  https://dinarchronicles.com/2025/02/28/restored-republic-via-a-gcr-update-as-of-february-28-2025/

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

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

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
Television says the Oil Minister is now saying the oil export flowing to regions is now happening much earlier than expected.  It will start flowing next week.  This is excellent news.  We don't think the oil is going to flow at 1310.  FRANK:  I don't either.  Everything seems to be coming to a massive collision.  It's like an atom smasher.  I don't think it's going to be flowing at 1310...I'm very confident the oil is going to start flowing next week.  I'm not as confident it's going to be revealed at 1310. I am confident it's going to be done at a new exchange rate but I don't know when it will be revealed at that rate.  FIREFLY:  Now it's saying that it's going to be at 1310...

Walkingstick  [Iraqi Bank friend Aki update] Very early in the morning Aki will be part of a large meeting that will be broadcast to all the CBI banks, even all the private banks, financial institutions that have been working on the monetary reform with the CBI and the US Treasury...with the CBI.  It will go for two days, Thursday and Friday.  More than likely one day will deal with banks, exchange rate, currency, monetary reform and the other day will deal with the international status of Iraq. 

Moving to digital Iqd

Nader:  2-27-2025

https://www.youtube.com/watch?v=STSh3Oj3-2w

The World is Quietly Preparing for a MAJOR Financial Reset | Lynette Zang

George Gammon:  2-28-2025

https://www.youtube.com/watch?v=hNLPk75xYZE

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“Tidbits From TNT” Friday Morning 2-28-2025

TNT:

Tishwash:  Within hours... the region's oil will be re-exported through SOMO

The Ministry of Oil announced today, Friday, that the coming hours will witness the re-export of Kurdistan Region oil through the State Oil Marketing Company (SOMO).

"Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul-Ghani Al-Sawad, is visiting Khor Al-Zubair port to see the gas pipeline connection operations," she said in a statement.

The minister confirmed, according to the statement, that “Iraq will announce in the coming hours the commencement of the region’s oil export operations through the State Oil Marketing Company (SOMO) via the Turkish port of Ceyhan at an initial rate of 185,000 barrels, gradually increasing to reach the capacity specified in the general federal budget.”

TNT:

Tishwash:  Within hours... the region's oil will be re-exported through SOMO

The Ministry of Oil announced today, Friday, that the coming hours will witness the re-export of Kurdistan Region oil through the State Oil Marketing Company (SOMO).

"Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul-Ghani Al-Sawad, is visiting Khor Al-Zubair port to see the gas pipeline connection operations," she said in a statement.

The minister confirmed, according to the statement, that “Iraq will announce in the coming hours the commencement of the region’s oil export operations through the State Oil Marketing Company (SOMO) via the Turkish port of Ceyhan at an initial rate of 185,000 barrels, gradually increasing to reach the capacity specified in the general federal budget.” link

Tishwash:  From Safe Internet to Smart Systems" Iraq Enters the Digital Revolution Era with Steady Steps

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq is moving steadily towards achieving a major digital renaissance, based on a set of foundations that support this trend.

Saleh explained to {Euphrates News} agency, "The most prominent of these foundations is the progress achieved in two types of infrastructure."

He explained that "the first category is represented by the advanced technological infrastructure, whether through secure and strong internet networks or digital payment systems that work effectively and efficiently in parallel with each other."

Saleh continued, "As for the other category, it is the advanced legal infrastructure that provides protection for the rights of users, operators, and the public right against electronic and financial crimes arising from the digital transformation."

He pointed out "the importance of having the ability to keep pace with the developments of digital technology in the virtual world on an ongoing basis," indicating that "the advisory team in the General Secretariat and all relevant Iraqi state institutions are keen to achieve this to ensure that Iraq enters the new digital age."  link

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

Tishwash:  Iraq agrees to supply Lebanon with crude oil, with immediate cash payment

 Lebanese media sources quoted informed sources as saying that the Lebanese delegation to Iraq (consisting of IDAL Chairman Mazen Sweid and Brigadier General Hassan Shaqir) agreed with Iraqi officials to renew the fuel supply contract to operate the Electricité du Liban plants with some amendments to its implementation mechanism.

The sources indicated that Iraq will supply about 2 million tons of crude oil after it had been supplying fuel oil, in exchange for paying the price of the shipments in cash and immediately, unlike the three previous versions of the contract that included Lebanon paying the price of the shipments through services provided in Lebanon to the Iraqis, provided that the previous arrears amounting to 2 billion dollars would be addressed through the platform between the two countries to provide the agreed-upon services.

By the end of 2024 and until the formation of the new government, a huge amount has accumulated on Lebanon for the price of fuel shipments. Lebanon has only paid $118 million out of $2 billion. This accumulated amount is the result of three copies of renewed contracts between the two parties.

The fourth version of the contract includes the supply of 2 million tons of crude oil and payment for it in cash.

These renovations were carried out with “provisions” and “sympathy” even though Lebanon was not paying the cost of the shipments. Despite Iraqi facilities, Lebanon was unable to pay the bills.

These facilities stipulated that Lebanon would pay the price of fuel in Lebanese pounds, and that the amounts would be deposited in the Iraqi government’s account at the Bank of Lebanon, and would be spent on services for Iraqis (including hospitalization and medical treatment for Iraqis in Lebanon) in Lebanon exclusively.  link

***********

Tishwash:  Central Bank of Iraq signs agreement with Emirates Islamic Bank

The Central Bank of Iraq announced the signing of a banking agreement with Emirates Islamic Bank, which is considered one of the highest-rated Islamic banks, and is rated (A+) according to the international Fitch agency.

Thus, Emirates Islamic Bank is a distinctive addition to the banking relations that the Central Bank of Iraq has established with advanced regional and international banks in recent years.
The agreement includes joint cooperation on several axes, the most important of which are:

Exchange of experiences in the field of developing the Islamic banking sector.

Providing payment services in UAE Dirhams to Iraqi banks and expanding their correspondent accounts network.

Cooperation between Iraqi banks and Emirates Islamic Bank, under the supervision and support of the Central Bank of Iraq, to ​​formulate a mechanism that will allow individual customers of Iraqi banks in the near future to invest (partially) in Islamic bonds issued by Emirates Islamic Bank or other issuers with a similar credit rating in the United Arab Emirates.

It is noteworthy that the Central Bank of Iraq announced in August of last year the start of a new phase of foreign transfer operations in a step aimed at enhancing the diversity of currencies and facilitating international transfer operations. This announcement came after reaching an agreement on the mechanisms for regulating dealings in the euro, the Chinese yuan, the Indian rupee, the UAE dirham, and other global currencies.

Central Bank of Iraq
Media Office
February 27, 2025  link

Mot: ..... Ready I Am 

Mot: .. Just Perspective it is

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Iraq Economic News and Points to Ponder Thursday Evening 2-27-25

Iraqi-Swiss Agreement To Prevent Double Taxation And Enhance Economic Cooperation

The Ministry of Finance announced today, Thursday, the signing of an agreement with Switzerland aimed at preventing double taxation and evasion of income and capital taxes, in order to enhance economic cooperation between the two countries.

The ministry stated in a statement that Iraq and the Swiss Confederation initialed the agreement on Wednesday, February 26, where the Iraqi side in the negotiations was headed by Mohammed Hamza Mustafa, Director General of the Legal Department and Acting Director General of the General Tax Authority, with the participation of a number of officials, financial and legal experts, and a representative of the Iraqi Fund for External Development.

Iraqi-Swiss Agreement To Prevent Double Taxation And Enhance Economic Cooperation

The Ministry of Finance announced today, Thursday, the signing of an agreement with Switzerland aimed at preventing double taxation and evasion of income and capital taxes, in order to enhance economic cooperation between the two countries.

The ministry stated in a statement that Iraq and the Swiss Confederation initialed the agreement on Wednesday, February 26, where the Iraqi side in the negotiations was headed by Mohammed Hamza Mustafa, Director General of the Legal Department and Acting Director General of the General Tax Authority, with the participation of a number of officials, financial and legal experts, and a representative of the Iraqi Fund for External Development.

The ministry stressed that the agreement aims to create an attractive investment environment by reducing the tax burdens on Swiss companies and investors, which contributes to strengthening trade and economic relations between the two countries. It also indicated that the Swiss Confederation is one of the advanced countries in the field of tax collection, and cooperation with it would attract Swiss capital, which represents one of the most important investments in the Middle East region, to support the development process in Iraq.   https://www.radionawa.com/all-detail.aspx?jimare=41277

Crude Oil Prices Stabilize 

Time: 2025/02/27 08:12:42 Read: 1,665 times   {Economic: Al Furat News} Oil prices stabilized near their lowest closing level this year, amid US President Donald Trump’s threats to impose tariffs and a range of supply-related issues.

WTI crude traded below $69 a barrel after losing nearly 3% in the previous two sessions, while Brent crude held above $72.

Trump said the planned tariffs on Mexico and Canada “are not going to stop,” but did not specify when they would be implemented. He also indicated that imposing tariffs on the European Union was still under consideration.

Record monthly losses

Oil looks set for its biggest monthly loss since September as rising trade tensions between the United States and its trading partners weigh on the economic outlook.

That concern has overshadowed the potential impact of tightening sanctions on Iran, which Trafigura Group identified as the biggest upside risk to prices, as well as the possibility that the OPEC+ alliance will delay restoring shut-in production again.

Supply issues: From Venezuela to Iraq

On the supply front, Trump said he plans to revoke Chevron Corp.’s license to operate in Venezuela, threatening the country’s economic recovery.

In the Middle East, Iraq announced that it had reached an agreement with the Kurdistan Region to resume crude oil exports, but did not specify a time frame for implementation. LINK

Gold Prices Decline Slightly As The Dollar And US Bond Yields Rise

Thursday 27 February 2025 11:45 | Economic Number of readings: 196  Baghdad / NINA / Gold prices fell on Thursday, under pressure from the rise in the dollar and US Treasury yields, while investors are awaiting an important report on inflation to assess the path of the Federal Reserve's monetary policy.

Spot gold prices fell by 0.1 percent to $2912.94 per ounce, while US gold futures fell by 0.1 percent to $2927.20.

In contrast, the dollar index rose by 0.2 percent, moving away from its lowest levels in 11 weeks, and US 10-year Treasury yields recovered from their previous losses.

As for other metals, silver stabilized at $31.84 per ounce, while platinum fell by 0.1 percent to $964.95, and palladium fell by 0.1 percent to $926.03 https://ninanews.com/Website/News/Details?key=1189078

Slight Decrease In Dollar Prices In Baghdad

Stock Exchange  Economy News – Baghdad  The exchange rate of the US dollar against the Iraqi dinar fell slightly in Baghdad markets on Thursday.

The dollar prices witnessed a decline in the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, to record 148,850 dinars for every 100 dollars, while yesterday morning, Wednesday, it recorded 148,900 dinars for every 100 dollars.

Selling prices in exchange shops in local markets in Baghdad recorded stability, as the selling price reached 150,000 dinars for 100 dollars, while the purchase price reached 148,000 dinars for 100 dollars.
https://economy-news.net/content.php?id=53021

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

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