More ”Humor While We Wait” Posted by Mot at TNT

TNT:

Mot:  "Just lie down here on the bed," she said

A man decided to bring his wife with him to a large convention in Chicago. After they checked into their hotel and were shown to their room, he told her, "You relax here while I register. I'll be back in about an hour."

His wife lay down on the bed, but just then, an elevated train passed by so close to the window that the room shook violently, tossing her right off the bed. Thinking it was just a fluke, she climbed back into bed, only for the train to pass again, shaking the room so hard that she was thrown to the floor.

Annoyed, she called the front desk and asked for the manager. The manager, a bit skeptical, came up to the room. The wife insisted that the shaking was real and happening every time the train went by.

"Just lie down here on the bed," she said. "You'll be thrown right to the floor!"

So, the manager skeptically lay down on the bed. Just then, the husband walked in and looked at the scene with a raised eyebrow. "What," he asked, "are you doing here?"

The manager, caught off guard, calmly replied, "Would you believe I'm waiting for a train?"

 ************

Mot:  A young woman went to confession, looking a bit flustered.

A young woman went to confession, looking a bit flustered.

“Forgive me, Father, for I have sinned,” she said.

The priest gently replied, “Go ahead, my child. Confess your sins and be forgiven.”

She took a breath and said,

“Last night… my boyfriend and I… well, we made passionate love. Seven times.”

The priest paused, clearly deep in thought. After a moment he said,

“Alright. I want you to go home, squeeze seven lemons into a glass, and drink the juice.”

The young woman blinked. “Will that cleanse me of my sins?”

He smiled and said,

“No… but it might wipe that grin off your face.

 **********

Mot:  Mom Wins This One!

A little girl asked her mother, “Mom, how did the human race come about?”

Her mother replied, “God made Adam and Eve, they had children, and so all mankind was created.”

A few days later, the little girl asked her father the same question.

Her dad said, “Many years ago, humans evolved from monkeys.”

Confused, the girl went back to her mom and said, “Mom, you said we were created by God, but Dad says we came from monkeys. How is that possible?”

Her mom smiled and said, “Oh, that’s easy, dear. I told you about my side of the family, and your father told you about his.”

**

Mot: .. Good Idea -- ""Earl""

Mot: OOOOOPs    

Mot: Understanding bigfoot

Iraq Economic News and Points to Ponder Saturday Afternoon 4-12-25

Rafidain Bank: Launching Online Banking Service After Activating Anti-Money Laundering And Counter-Terrorism Financing Regulations.

Economy | 11:36 - 11/04/2025  Mawazine News – Baghdad  Rafidain Bank announced today, Friday, the launch of the online banking service OBDX after activating the Anti-Money Laundering and Combating the Financing of Terrorism (AML) systems.

The bank stated in a statement received by (Mawazine News) that "the online banking service OBDX (Online Banking Digital Experience) was launched after activating the Anti-Money Laundering (AML) and Government Online Anti-Money Laundering (GOAML) systems. The service has been successfully activated in a number of government agencies."

He explained that "this decision comes within the framework of the bank's strategy to provide a safe banking environment that adheres to the latest international standards for combating money laundering and terrorist financing, as well as facilitating electronic financial transactions for government agencies."

He explained that "OBDX is an innovative digital banking experience. The OBDX service represents a qualitative leap in the way banking transactions are conducted, as it allows government agencies to access their accounts and conduct all their banking operations easily and securely online.

This service helps speed up processes and reduce reliance on paper procedures, which contributes to improving efficiency and enhancing transparency."

He pointed out that "the role of the AML and GOAML systems in ensuring compliance. In parallel with the launch of the OBDX service, Rafidain Bank activated the Anti-Money Laundering (AML) and GOAML systems to ensure full compliance with international standards for combating money laundering and terrorist financing.

The AML system automatically monitors financial transactions and analyzes suspicious patterns, while the GOAML system records and analyzes banking data to ensure it is not used for illegal activities."

He pointed out that the advantages of the OBDX service, supported by compliance systems, include:
1. Superior security: Integrated systems ensure full compliance with international standards, enhancing the security of financial transactions.

2. Global compliance: The bank ensures the highest levels of transparency and compliance with international anti-money laundering laws.

3. Ease of access: Enables government agencies to conduct financial transactions easily and securely online without the need to visit branches.  https://www.mawazin.net/Details.aspx?jimare=260737

Government Advisor: Solutions To Prevent The Risks Of Commodity Dumping On The National Economy

Economy | 11:41 - 11/04/2025  Mawazine News – Baghdad  The Prime Minister's financial advisor, Mazhar Mohammed Salih, announced on Friday solutions to prevent the risks of commodity dumping on the national economy.

The advisor to the Prime Minister, Mazhar Mohammed Salih, said: "There are important events that are changing the balance of power in the Iraqi economy, including the beginning of Iraqi economic policy to put an end to the phenomenon of commodity dumping resulting from commercial chaos, which came as a result of the dominance of the concept of commercial liberalism practiced by the commercial community by flooding the market with marginal goods devoid of value and meaning, without coordination and oversight over the past decades."

He explained that "this matter confiscated the national production function and stripped it of its professional capabilities, whether in the accumulation of its professional capabilities, which was reflected in the loss of thousands of job opportunities from the craft sector and the national professions sector, the disruption of the national workshop and factory, and the perpetuation of unemployment, because the craft sector absorbs 60% of the labor force, as is historically known,"

pointing to "the transformation of national capital in the productive industrial and agricultural field and its direction towards the activity of what is called financial capital, which is an activity that seeks quick profit through trading in consumer goods and others that have flooded the local market with products that are alternatives to the national product."

He added, "These products have even suppressed the idea of ​​producing a new, similar product due to their incredibly low prices and their source in various Asian markets, allowing the profits resulting from trade and dumping to be invested in symbolic markets, i.e., the capital markets in the first world or their branches.

These are the mechanisms that led to commodity dumping and the results of its profits by striking the national economy in three directions: the first: liquidating the productive craft and industrial environment, the second: sustaining unemployment and the accumulation of human capital, and the third: converting the profits of productive national capital into practices of what is called (financial capitalism) with high historical accumulation."

Saleh explained that "these practices are based on plundering the economic surplus of craftsmen, industrialists and real producers, in addition to transferring the physical capital accumulations to global capital markets for investment there, and emptying the country of the agents of development and productive economic capital accumulation in all important fields, especially industrial ones."

He explained that "commercial or commodity dumping represents the qualitative opposite of the policy of localizing national capital, which requires a clear Iraqi protection policy that protects the national product with a gradual and practical customs fence, to be part of the process of market reform and disentangling the random clash in the import policy with national production and the loss of productive job opportunities."   https://www.mawazin.net/Details.aspx?jimare=260739

Gold Hits Record High, Exceeding $3,100 For The First Time In History

Economy | 11:53 - 11/04/2025  Mawazine News – Baghdad  Gold made further gains in spot trading, rising 2.72% to $3,166 per ounce, coinciding with the escalation of the trade war between the world's two largest economies, the United States and China.

Gold prices rose about 3% after China imposed additional tariffs on the United States, in addition to the decline of the dollar after US President Donald Trump's tariffs on China took effect. Most traders turned to gold as a safe haven amid escalating global trade tensions and recession fears.

Gold exchange-traded funds (ETFs) recorded their largest positive quarterly inflows in three years during the first quarter of the year, reflecting increased demand for hedging by investors. https://www.mawazin.net/Details.aspx?jimare=260742

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

OK— It’s Almost Definitely China Who’s Dumping Treasury Bonds

OK— It’s Almost Definitely China Who’s Dumping Treasury Bonds

Notes From the Field By James Hickman (Simon Black) April 10, 2025

Yesterday I wrote to you that something very fishy was going on in the bond market. And not just fishy— potentially destructive for the federal government and US economy.

For the past several days, US government bond yields have been surging at a rate not seen since at least 2008. And in some cases not since the early 1980s.

And this is a very, very big deal.

 Higher bond yields not only mean that consumer interest rates (like mortgages) become more expensive. But they also dramatically increase the government’s borrowing costs.

 Bear in mind, the US government is already spending $1.1 trillion per year, just to pay interest on its $36 trillion national debt. That’s 22% of all US tax revenue, i.e. twenty-two cents out of every tax dollar collected go to pay interest on the national debt.

 (Plus another 47c out of every tax dollar go to Social Security and Medicare. And that’s before you get to other mandatory entitlements like Medicaid, food stamps, and more...)

 That annual interest payment is rising quickly; the government has roughly $10 trillion worth of debt this year to either finance, or refinance, which could easily result in hundreds of billions of dollars in additional interest expense each year.

 So higher interest rates are a very big deal for a debt junkie like Uncle Sam.

 That’s why it’s so alarming that bond yields are rising so quickly.

There’s realistically only a few ways this could happen.

 One way that yields might have risen so quickly, which I suggested yesterday, is that big Wall Street firms could have been shorting the Treasury market, causing bond yields to rise.

 Possible, yes. But not super likely.

 Many of those big Wall Street investors might have feared retaliation by the Trump administration. Or that, at a minimum, the President would single them out in social media, creating a lot of complications for their personal lives and businesses.

 But I think we can safely take this possibility off the table; given yesterday’s furious stock rally in which markets surged, any Wall Street firm shorting the bond market would have closed out its short positions and piled back into the stock market.

In other words, the trend of rising bond yields would have ended yesterday afternoon.

But that didn’t happen. Bond yields continued rising and are up again today.

 The US government’s 30-year bond has been especially hard-hit and is up another another few basis points today, notching an astonishing 50-basis point (0.5%) increase in just a few days.

 So with Wall Street busy trading the stock market, that only leaves a handful of possibilities.

It’s also unlikely that big banks (JP Morgan, Citi, etc.) would have dumped their US government bonds, because they have regulatory constraints in terms of what types of assets they are allowed to hold.

 Plus, any major selling of bank-owned Treasury bonds would have resulted in significant increases to bank reserves on the Fed’s balance sheet— and that doesn’t seem to have happened.

 So at this point the most likely culprit is some disgruntled foreign country, whose government or central bank wanted to lash out and punish the US government over the tariffs.

 Two or three days ago that could have been anyone. France. Germany. Japan. Etc.

 But after yesterday’s announcement which paused tariffs for almost the entire planet, there’s only one suspect: China.

After the tariff pause, there wouldn’t be any point for the European Central Bank or German government to sell its Treasury bonds. Why risk Donald Trump’s wrath when a deal is at hand?

China, on the other hand, is stuck with a 100%+ tariff. So they definitely still have an ax to grind.

 The concept of “face” (mianzi) runs very deeply in China; this is the idea that every individual, business, and even the government must uphold a reputation for strength. It would be culturally unthinkable for the Chinese government to accept tariffs without responding aggressively.

Dumping a portion of their vast US Treasury holdings is an easy way to send a message to Washington: “we can hurt you too.”

 If I’m right, it means this trade dispute has now graduated to full-blown economic warfare. And we could see some pretty rapid escalation.

For example, if China keeps dumping its Treasury bonds (and hence raising US interest rates), I wouldn’t be surprised to see the US administration sanction the CCP and Chinese central bank, essentially freezing the bonds that they own and preventing any further sales.

 China could escalate with export controls over vital rare earth minerals, which are essential in the electronics industry.

 Then there’s the possibility that each government could expropriate foreign-owned assets, i.e. US business operations in China, or Chinese investments in the US.

 Then would come the cyberattacks, and more.

 We can hope for cooler heads to prevail. But history is full of examples of how economic warfare can very quickly spiral out of control and escalate into much larger conflicts. And, at the moment, that seems to be the direction that this is heading.

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

https://www.schiffsovereign.com/trends/ok-its-almost-definitely-china-whos-dumping-treasury-bonds-152480/?inf_contact_key=6086b62d58e663d5fb93e186ed5d020f6bf72b7be6507ffa57af3236798ca349

Vietnam and Iraq News Posted at KTFA 4-12-2025

KTFA:

Clare:  Secretary of Treasury Scott Bessent

 @SecScottBessent

During today’s meeting to confirm the start of formal discussions on reciprocal trade with Deputy Prime Minister Ho Duc Phoc of Vietnam, I emphasized the need for continued engagement and quick, demonstrable progress to resolve outstanding issues.

2:04 PM · Apr 10, 2025

https://x.com/SecScottBessent/status/1910393420717170978?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Henig: Exclusive-Facing Trump Tariffs, Vietnam Eyes Crackdown on Some China Trade

 By Reuters April 10, 2025 U.S. News & World Report

HANOI (Reuters) -In hope of avoiding punishing U.S. tariffs, Vietnam is prepared to crack down on Chinese goods being shipped to the United States via its territory and will tighten controls on sensitive exports to China, according to a person familiar with the matter and a government document seen by Reuters.

The offer, the details of which are reported by Reuters for the first time, came as senior U.S. officials, including the influential White House trade advisor Peter Navarro, raised concerns about Chinese goods being sent to America with "Made in Vietnam" labels that draw lower duties.

Vietnam has for weeks been offering sweeteners that it hoped would persuade the U.S. President Donald Trump's administration to take a benign view of its huge trade surplus with America. Instead, it was hit with a 46% tariff as part of Trump's "Liberation Day" salvo.

While the tariff has been suspended for 90 days, the two countries agreed to start talks after a Vietnamese deputy prime minister met with the U.S. Trade Representative on Wednesday. Export-reliant Vietnam is hoping to get the duties reduced to a range of 22% to 28%, if not lower, according to three people with knowledge of the matter.

One of them said that U.S. officials had signalled that range was likely, during a bilateral meeting in March. Vietnam's trade ministry and the USTR's office did not return a request for comment. In announcing the start of trade talks with the U.S. on Thursday, Vietnam's government said on its official portal it would crack down on "trade fraud."

It did not provide specifics. Since Trump's first term, many multi-national firms have implemented a "China plus one" policy of setting up factories in Vietnam to reduce exposure to Beijing. The Southeast Asian nation is in a tight spot as it tries to preserve trade with the U.S., which is its largest export market and a security partner.

 At the same time, Hanoi does not want to antagonize China, which is a top source of investment as well as a neighbour with which it has clashed over boundaries in the South China Sea. Vietnam's Government Office, a body that coordinates between its ministries, held an emergency meeting with government trade experts on April 3, hours after Trump announced the tariffs.

 The aim was to address Washington's concerns over alleged intellectual property theft and transhipment abuses, according to a person briefed on the meeting. At the meeting, trade ministry and customs officials were told to tighten controls and were given two weeks to devise a plan to clamp down on illicit transhipment.

 The deadline could be extended until late April, the person said, adding that Hanoi wanted to be careful not to provoke China.

 Illicit transhipment refers to one country sending goods to a nation facing lower tariffs from a third country, to which the product is re-exported without having value added to it. Vietnam's Government Office and the customs department did not respond to a request for comment. Many of the goods exported by Vietnam to the West have Chinese-made inputs, and Chinese companies have also established factories in the country to serve U.S. customers.

In many instances, Vietnamese workers process the goods, which are then legally shipped to the U.S. under a "Made in Vietnam" label. Official trade data show Vietnam's exports to the U.S. in recent years have been fuelled by imports from China, with inflows from Beijing closely matching the value and swings of exports to Washington.

U.S. officials have alleged, however, that China uses Vietnam as a conduit to obtain lower tariffs for goods that do not have significant Vietnamese involvement. "China uses Vietnam to tranship to avoid the tariffs," Navarro said on Fox News on April 6, without providing evidence.

 A person familiar with the matter said that in some instances, ships carrying Chinese-made goods dwelled in Vietnamese ports just long enough to obtain documents certifying that the products were made in Vietnam before leaving. Reuters could not immediately establish if Vietnam's offer was enough to address U.S. concerns over abuse of transhipment or if the country could comprehensively tackle the problem. A spokesperson for China's Foreign Ministry said in response to Reuters' question that trade between Beijing and Hanoi "is essentially a win-win situation.

We believe that Vietnam will make a choice that is in line with its own long-term interests and the overall situation of mutually beneficial cooperation between China and Vietnam." CHIPS, SATELLITES AND PLANES Vietnam is also implementing tougher measures on sensitive goods that flow through its territory from the U.S. to China.

 Hanoi intends to tighten controls around the export of dual-use goods like semiconductors, which can be used for both civilian and military purposes, according to a draft decree reviewed by Reuters. The decree, which states it was prepared at the request of the trade ministry, was not dated but it includes an explanatory note dated April 4.

The document said that major trading partners had requested that Hanoi "minimize the possibility of these source technologies being transferred to third countries without the consent of the exporting country."

The U.S. government considers leadership on artificial intelligence as a national priority and Washington has moved to cut off China's access to the most advanced U.S.-made chips. Vietnam now plans to introduce new declaration and approval procedures for the trade of such products, according to the proposal. Hanoi previously said that it discussed controls over exports of dual-use goods with U.S. officials during meetings in March.

Other tech-related gestures directed at the U.S. include Hanoi's approval, under favourable conditions, for the Starlink satellite communication service controlled by Trump's billionaire ally Elon Musk. Musk appeared to confirm Starlink's ambitions in the country when he reposted on April 4 the contents of an earlier Reuters article that detailed the company's plans for the deployment of multiple ground stations.

 Musk's primacy in space is seen as a threat by Beijing, which is rushing to launch satellites into lower-earth orbit. Vietnam, a medium-sized country whose diplomats have a long history of juggling ties with great powers, will host Chinese leader Xi Jinping next week.

Xi's trip is likely to coincide with Vietnam's aviation regulator approving China's COMAC planes, according to two people familiar with the matter. That could open the way for the leasing and purchase by Vietnamese airlines of the Chinese jets, which have so far struggled to find foreign buyers.

 The approval would follow this week's announcements by Vietnamese airlines of agreements on U.S. loans for the purchase of Boeing planes. (Reporting and writing by Francesco Guarascio; Additional reporting by Phuong Nguyen and Khanh Vu in Hanoi and Liz Lee in Beijing; Editing by Katerina Ang) LINK

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Clare:  Asraflak

More than 4,000 ATMs Throughout Iraq

Spend the national campaign to spread the culture of electronic payment in Iraq

Increasing the number of ATMs is an important step to meet the needs of individuals and reduce congestion at vital points.

Its aim is to facilitate access to financial services, reduce waiting times and provide a more flexible and faster experience for users.

https://www.facebook.com/people/Asraflak/61564007723047/

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

Clare: 62,000 or more POS devices

Spend the national campaign to spread the culture of electronic payment in Iraq

The numbers are on the rise and the percentage of transactions within the electronic range is increasing, from only 6 thousand devices in 2019 to the number reaching 62 thousand devices.

This increase is due to the urgent need to use electronic payment as a convenient, safe and fast means.

Clare:  Rafidain Bank launches OBDX service after activating anti-money laundering systems

4/11/2025  

Rafidain Bank announced today, Friday, the launch of its online banking service, OBDX (Online Banking Digital Experience), following the activation of anti-money laundering and counter-terrorism financing regulations. This step aims to enhance digital transformation and comply with international standards.

The bank confirmed in a statement received by {Furat News} that "the new service has been successfully implemented with a number of government agencies, and is part of Rafidain's strategy to provide a safe and advanced banking environment that keeps pace with global trends toward financial transparency and good governance." 

He added, "The OBDX service provides an integrated digital banking experience, enabling government agencies to conduct their financial transactions electronically and with the highest levels of security, which contributes to accelerating procedures and reducing reliance on paper transactions." 

The launch of the service coincides with the activation of the AML and GOAML systems, which monitor and analyze transactions to prevent any suspicious or illegal activities, ensuring the bank's full compliance with anti-money laundering and counter-terrorist financing requirements.

The most prominent features of the new service:

Advanced banking security according to international standards.

Comprehensive compliance with local and international laws.

Ease of conducting remote transactions for government agencies.

Improving banking efficiency and reducing paperwork.

Rafidain Bank continues to provide innovative digital services that contribute to the development of the Iraqi banking sector and enhance customer confidence in the national banking institution.  LINK

“Tidbits From TNT” Saturday 4-12-2025

TNT:

Tishwash:  To boost the economy, the International Development Bank is the official sponsor of the Iraqi Business Summit.

The International Development Bank announced its official sponsorship of the Iraqi Business Summit (IBS).

The summit will be held on Saturday, April 12, 2025, inCelebration Square-stageAl-MansourDowntownBaghdad.

The summit will be held with broad participation from local and international economic institutions and investment companies.  link

Tishwash:  Erbil and Washington agree on the need to resume the region's oil exports.

Kurdistan Regional Government Prime Minister Masrour Barzani discussed the latest developments in the region in a phone call with US Secretary of State Marco Rubio, stressing the importance of strengthening bilateral relations.

During the phone call, the two sides agreed, according to a statement from the Kurdistan Regional Government, on the importance of strengthening and consolidating the bonds of friendship and alliance between the Kurdistan Region and the United States.

In another part of the phone call, the Prime Minister and the US Secretary of State agreed on the necessity and importance of resuming the export of Kurdistan Region oil through the Iraq-Turkey pipeline, according to the statement.

For his part, the US Secretary of State expressed the United States' deep appreciation for the role played by the Kurdistan Region as a safe haven for all ethnic and religious components, praising its essential contribution to maintaining the stability and security of the region.

The two sides also agreed on the importance of maintaining consultation and coordination between them, to preserve common interests. link

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Tishwash:  Iraq and Iran agree to activate coordination in dealing with regional and international developments. 

President Abdellatif Rachid and his Iranian counterpart, Masoud Pezeshkian, agreed on Friday to enhance coordination in dealing with regional and international developments.

The Presidency of the Republic stated, in a statement received by (Mawazine News), that “President of the Republic, Abdul Latif Jamal Rashid, discussed, in a phone call today, with the President of the Islamic Republic of Iran, Masoud Pezeshkian, bilateral relations between the two neighboring countries, and ways to develop cooperation in various fields of mutual interest, in a way that serves the interests of the two peoples and enhances security and stability in the region.”

According to the statement, “The two sides discussed a number of regional and international issues during the call, where the importance of continuing cooperation between the two countries and intensifying constructive dialogue to confront challenges and enhance the foundations of development and stability was emphasized.”

 He continued: “It was also agreed to activate coordination in dealing with regional and international developments, in a way that contributes to supporting political stability and reducing tensions in the region.”  link

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Tishwash:  Beirut is banking on its relations with Baghdad and opening its doors to Iraqi investors.

Lebanese Labor Minister Mohammed Haidar affirmed on Saturday that the relationship between Beirut and Baghdad is solid, noting the Lebanese government's efforts to facilitate the work of Iraqi investors.

The Lebanese Minister of Labor said in a press statement that "the relationship between the new Lebanese government and the Iraqi government is solid and strong, and the fraternal bond between the Lebanese and Iraqis goes back a long history.

 This bond was evident during the Zionist war on Lebanon and the Iraqis' embrace of the Lebanese who were forced to flee to Baghdad." He added that "Prime Minister Nawaf Salam's opinion on developing the relationship with Baghdad expresses the government's direction and the demands of the Lebanese people."

Haidar addressed "the visit of the Director General of Lebanese General Security, Major General Hassan Choucair, to Iraq this week, which aims to enhance communication at the security level and discuss the exchange of services and the import of oil from Iraq," pointing to "positive results that will be built upon in the coming period regarding Iraq's contribution to improving the operation of Lebanese power plants and supplying them with fuel."

He pointed out that "President General Joseph Aoun announced an Arab tour that he will undertake, and that one of his priorities is to visit Iraq, and thus represent Lebanon at the Arab Summit in Baghdad with the participation of an official Lebanese delegation to meet with Iraqi officials there." He indicated that "Iraq's support for Lebanon in establishing security is fundamental, as is helping to expel the Zionist enemy from Lebanese territory, and asking our Arab brothers, specifically the Iraqis, to return to investing in Beirut, so that Lebanon can regain its leading role in the region."

The minister stressed the "continuation of work on the memoranda of understanding signed by the previous government with the Iraqi Ministry of Labor, and the amendment of any amendments that can be made, in coordination with his Iraqi counterpart, Ahmed Al-Asadi, whom he will meet in Egypt next week, and with whom he will address the issue of improving opportunities for Lebanese workers in Iraq and Iraqi workers in Lebanon, and opening up new areas of work."

 He pointed out that "foreign workers in Lebanon only benefit from a portion of the health benefits, but based on the principle of reciprocity, if the ministry finds that a Lebanese worker in Iraq receives comprehensive insurance, the Iraqi worker in Lebanon will be granted comprehensive insurance. This matter is currently under investigation and will be resolved soon."

He stated that "the labor market and the need for foreign workers, including Iraqis, were studied to determine the actual need, and Iraqi workers were informed of the sectors with vacancies so they could employ their expertise. The government is also working to attract Iraqi investors, provide them with full facilities, and initiate investment projects in Lebanon, especially since the period of security instability will soon end."

He pointed out that "the residency requirements for Iraqis in Lebanon are clearly visible on the Lebanese Ministry of Labor's website for anyone wishing to come to Beirut."

He continued: "Projects between Lebanon and Iraq have been delayed due to domestic, regional, and international events, but the government will resume work on them. The primary reason for not reactivating the oil pipeline linking Iraq to Tripoli in northern Lebanon is the need for it to pass through Syria, which has delayed its implementation."

He noted that "there is a trend toward amending the law, hoping to actually achieve this in order to restore projects that serve Lebanon, Iraq, and the region." link

Mot: ... I did It!!! -- I Finally - Did It!!! 

Mot: they Say there is NO such Thing as a ""Perfect photo bomb""

This is the End of the Credit Supercycle, Chaos is Unavoidable

This is the End of the Credit Supercycle, Chaos is Unavoidable

Palisades Gold Radio:  4-10-2025

In a recent interview on Palisades Gold Radio, former Wall Street Analyst, Author, and Substacker John Rubino painted a stark picture of the current economic landscape, cautioning investors about the potential for significant financial turmoil.

Rubino, known for his astute analysis and foresight, joined host Tom to delve into the looming end of a credit supercycle and the multifaceted risks of hyperinflation, deflation, and stagflation inherent in our global fiat currency system.

Rubino’s central thesis revolves around the inherent instability of a system built on debt and fiat currency.

 He argues that the global reliance on credit has reached its breaking point, creating a precarious situation where any combination of economic woes is possible.

This instability, he emphasized, makes holding real assets – gold, silver, and energy – more crucial than ever for weathering the coming storm.

The conversation then turned to the critical role of energy prices, particularly oil, in shaping the inflationary or deflationary winds. Rubino posited that lower oil prices, while seemingly beneficial in the short term, could trigger a deceptive period of deflation.

 However, he warned that this lull would likely be short-lived, as central banks, eager to stimulate the economy, would respond with predictably low interest rates. This, in turn, would reignite inflationary pressures, creating a volatile and uncertain environment demanding careful investment strategies.

The discussion also touched upon the potential impact of President Trump’s policies. Rubino suggested that initiatives such as tariffs and reshoring could inadvertently lead to wage inflation, further complicating the economic picture and potentially exacerbating geopolitical tensions.

Rubino’s analysis pointed towards the inherent risks of negative interest rates and the growing possibility of a currency reset, perhaps even a return to a gold standard.

For investors, this necessitates a shift in focus toward tangible, resilient assets.

He strongly recommends accumulating real assets such as precious metals, energy, and farmland. Specifically, he advises dollar-cost averaging in gold and silver to mitigate risk and capitalize on potential price fluctuations. When considering mining stocks, he suggests focusing on mid-tier companies and explorers with demonstrable growth potential, while always factoring in jurisdictional risks, especially in countries like Mexico.

Beyond investment advice, Rubino emphasized the importance of building personal resilience. He stressed the need for strong community ties, developing valuable skills, and owning productive assets that can generate income or provide sustenance. These, he believes, are crucial for navigating potential societal and economic disruptions.

In conclusion, John Rubino’s sobering analysis highlights the precariousness of the current economic landscape and the urgency for investors to prepare for potential financial chaos. By focusing on real assets, diversifying investments, and building personal resilience, individuals can better position themselves to weather the coming storm and potentially thrive in a rapidly changing world.

https://youtu.be/WBuIKovUjSg

Iraq Economic News and Points to Ponder Friday Morning 4-11-25

The 10 Largest Oil Fields In The World -  One Of Them Is In Iraq

Energy  Economy News - Follow-up  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 Dick 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.

Safaniya Field Production

The Safaniya field witnessed its strong production launch in mid-April 1957, with a production capacity of 50,000 barrels per day from 18 wells. This production then increased in 1962 to 350,000 barrels per day from 25 wells.

Historical data indicates that its reserves during that period were estimated at approximately 37 billion barrels of oil, in addition to 5.36 billion cubic feet of natural gas.

Reports indicate that oil extracted from the Safaniya field accounted for approximately 22% of the total energy mix in Western Europe during that time, reflecting the field's global importance.

Developing The World's Largest Offshore Oil Field

Saudi Aramco seeks to boost the production capacity of the Safaniya field, the world's largest offshore oil field, from the current 1.3 million barrels per day to approximately 2 million barrels per day in the coming years.

This comes as part of Saudi Arabia's plan to increase total production capacity to 13 million barrels per day by 2027.

In January 2024, Aramco announced that it was close to awarding massive contracts worth $5 billion to develop the Safaniya field, including the construction of onshore and offshore infrastructure facilities, and selecting international companies to carry out the work, such as Larsen & Toubro and Hyundai Engineering & Construction.

The Saudi Safaniya field development project includes the construction of a giant gas-oil separation facility, four offshore gathering platforms, 29 wellhead platforms, 22 water injection platforms, and offshore accommodation facilities for workers.   https://economy-news.net/content.php?id=54338

Erbil And Washington Agree On The Need To Resume Oil Exports From The Kurdistan Region Of Iraq.

Economy | 06:14 - 11/04/2025   Mawazine News – Baghdad  The governments of Iraqi Kurdistan and the United States agreed on Friday on the necessity of resuming oil exports from the region.

A statement from his office received by Mawazine News stated that “Kurdistan Regional Government Prime Minister Masrour Barzani discussed the latest developments in the region in a phone call on Friday with US Secretary of State Marco Rubio, stressing the importance of strengthening bilateral relations.”

The two sides agreed, according to the statement, on “the importance of strengthening and consolidating the bonds of friendship and alliance between the Kurdistan Region and the United States of America.”

The statement indicated that “the Prime Minister agreed with the US Secretary of State on the necessity and importance of resuming the export of Kurdistan Region oil through the Iraq-Turkey pipeline.”

For his part, the US Secretary of State expressed “the United States’ deep appreciation for the role played by the Kurdistan Region as a safe haven for all ethnic and religious components,” praising “its essential contribution to maintaining the stability and security of the region.”

The statement added that “the two parties agreed on the importance of maintaining consultation and coordination between them, to preserve common interests.” https://www.mawazin.net/Details.aspx?jimare=260756

Oil Prices Continue To Decline Amid Fears Of Slowing Global Demand.

 Economy | 01:13 - 11/04/2025  Mawazine News - Follow-up  Oil prices fell today as markets anticipated a second consecutive weekly loss amid growing concerns about slowing global demand due to trade tensions between the United States and China.

Brent crude futures fell 31 cents, or 0.5 percent, to $63.02 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 36 cents, or 0.6 percent, to $59.71. Both contracts closed Thursday down more than $2.

Brent is expected to fall 4 percent this week after falling 11 percent the previous week, while U.S. crude is expected to fall 3.8 percent following a similar decline last week. Several experts indicate that oil prices remain under pressure due to ongoing concerns about a slowing global economy, which could negatively impact demand levels.   https://www.mawazin.net/Details.aspx?jimare=260748

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

Seeds of Wisdom RV and Economic Updates Saturday Morning 4-12-25

Good Morning Dinar Recaps,

SEC CRYPTO ROUNDTABLE EXPLORES UNIFIED LICENSING AND REGULATORY CLARITY

The second roundtable hosted by the SEC’s Crypto Task Force was held in Washington, with the purpose of addressing how the existing regulatory framework can better facilitate crypto asset trading in the United States.

Mark Uyeda opens the event

Acting Chairman Mark Uyeda presided over the session, joined by Commissioners Hester Peirce and Caroline Crenshaw. The conference was called “Between a Block and a Hard Place” and brought together the most important players from both the traditional and crypto finance world to achieve practical solutions for making blockchain technology a part of the current markets.

Nicholas Losurdo serves as moderator

The panel members were representative of a broad spectrum of institutions. Nicholas Losurdo, a partner at Goodwin Procter LLP, was the roundtable moderator. Gregory Tusar, Coinbase’s Vice President of Institutional Product, provided perspective from one of the largest US crypto exchanges.

Tyler Gellasch emphasizes crypto broker registration

Tyler Gellasch, President and CEO of Healthy Markets Association, made a strong point about crypto brokers registering with regulators so that there is transparency and improved oversight of the markets. He also made the point that brokers should know whom they are dealing with, instead of just encrypted information.

Jon Herrick, New York Stock Exchange Chief Product Officer, discussed the effect of ETF approvals, indicating that they have simplified investor entry into digital assets through known and regulated pathways. He further noted that ETFs potentially enable traditional financial institutions to utilize digital assets in new ways, most notably as collateral.

Dave Lauer supports transparency and fair markets

Richard Johnson, founder and CEO of Texture Capital, and Dave Lauer, co-founder of Urvin Finance and We the Investors, both commented on how markets might evolve to facilitate tokenized assets.

Katherine Minarik gives a DeFi legal view

Chief Legal Officer of Uniswap Labs Katherine Minarik represented the DeFi industry and the ways decentralized platforms are structured differently than traditional exchanges. Christine Parlour, Finance and Accounting Chair at UC Berkeley, offered academic perspectives on structural changes required to enable regulation to be more effective.

Chelsea Pizzola, Associate General Counsel at Cumberland DRW, and Austin Reid, FalconX Global Head of Revenue and Business, added their legal and institutional trading industry perspectives in the crypto sector.

Hester Peirce reflects on learnings from the first roundtable

Hester Peirce, a Commissioner of the SEC, said that she found the initial roundtable useful in informing her opinion on when crypto assets would be subject to securities laws. She hoped this roundtable would be as fruitful, pointing to the diversity of participants—from national securities exchanges and alternative trading systems to crypto-native companies.

Richard Gabbert, the head of the Crypto Task Force, was supposed to emphasize the importance of investor-centric regulation. The conversation pointed out that existing federal regulations were not written with blockchain and decentralized finance in mind, resulting in mismatches between how crypto markets operate and how they are regulated.

The roundtable also discussed the age-old problem of state-by-state licensing under which crypto exchanges such as Coinbase have to get licensed in all 50 states. Many in the industry are advocating for one SEC license with which they can operate nationwide, which would ease compliance and make operating less cumbersome.

Panelists explained how current rules such as the order protection rule or prohibitions on listing unregistered securities cause issues when attempting to bring tokenized securities into traditional markets.

They also recognized that crypto platforms tend to be different, having custody, clearing, and execution all on the same platform, as opposed to the distinct systems in traditional finance.

In spite of these difficulties, there was a general optimism about the potential of blockchain to transform the way markets operate. From 24/7 trading through smart contracts to enhancing collateral management and settlement of transactions, the roundtable demonstrated that most industry leaders view blockchain as a means to make financial systems more efficient.

The SEC is weighing whether to grant temporary exemptions to spur innovation while longer term rules are being formulated.

In total, the roundtable emphasized that regulators and market participants must work together to develop a framework that benefits both innovation and investor protection.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

CRYPTO EXCHANGES LIKE COINBASE MAY SOON GET A REGULATORY SANDBOX TO PLAY IN

SEC leadership floated the possibility Friday of regulatory exemptions that would allow crypto exchanges to experiment with the trading of tokenized securities.

The SEC’s leadership suggested Friday it would be open to establishing a so-called regulatory sandbox for digital assets that would allow crypto exchanges to freely experiment in novel sectors—including, potentially, offering the trade of tokenized securities.

Tokenized securities are versions of traditional securities offerings, like stocks and bonds, that are issued as fungible assets on blockchain networks.

In remarks preceding the agency’s second-ever digital assets roundtable on Friday—this one focused on crypto trading—Republican commissioners floated the idea of issuing exemptions that would soon allow crypto exchanges like Coinbase to dabble in offering tokenized securities alongside crypto products.

“I encourage market participants that are developing new ways to trade securities using blockchain technology to provide input on where exemptive relief may be appropriate,” Acting SEC Chair Mark Uyeda said in a pre-recorded video statement.

Uyeda specified that a “time-limited, conditional exemptive relief framework” could offer unregistered crypto exchanges the freedom to innovate in areas like tokenized securities before rules and laws are written on the subject.

Commissioner Hester Peirce, who leads the agency’s new crypto task force, echoed that sentiment in live remarks at the SEC’s Washington headquarters Friday—endorsing the potential value of an exemptive relief framework for crypto exchanges.

“Participating firms could see what works and what doesn’t, technically and commercially,” she said. “Such trials could inform the Commission’s rulemaking efforts.”

Last year, Peirce endorsed the concept of a “digital securities sandbox” that would have allowed American crypto firms to join British ones in experimenting with “the issuance, trading, and settlement of securities.” Given that crypto-skeptical SEC chair Gary Gensler controlled the Commission at the time, the idea did not get far.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

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Is China Dumping US Government Bonds?

Is China Dumping US Government Bonds?

Notes From the Field By James Hickman (Simon Black)  April 9, 2025

You probably saw the headline this morning that China is retaliating against US tariffs with an 84% tariff of its own.   This trade war is obviously far from over… which probably means that financial markets are in for a lot more volatility.   Most people focus on the stock market. And that has obviously been a wild ride.   But what’s happening in the bond market right now is actually a much bigger deal.

 Remember that US government bonds have been considered a “safe haven” asset for decades. And that was the case, very briefly, late last week. Investors dumped stocks and then parked all that cash in the bond market.

As a result, demand for bonds surged, and yields plummeted to as low as 3.8%.

 But that sentiment has very, very suddenly reversed. And in a matter of days, US government bond yields have spiked.

 The 30-year Treasury yield, for example, is normally quite stable and moves very slowly. But its very sudden surge over the past three days has been its quickest increase in more than 40 years. The 10-year Treasury yield has also surged at its fastest clip since the 2008 financial crisis.

 This sudden rise in Treasury yields-- what’s supposed to be a very safe and boring asset class-- is a very big deal.

 For consumers, it almost certainly means higher interest rates; many consumer loans, including 30-year mortgages, are based on US government bond yields.

 So higher yields means that it will be more expensive to borrow.

 And that’s especially true for the federal government. Remember, the Treasury Department has to refinance more than $8 trillion worth of US government bonds just between now and the end of the year.

 Plus, on top of that $8 trillion, they’ll probably issue at least another $2 trillion in new debt just to finance the deficit.

 So higher interest rates are an absolute killer and will cost the government hundreds of billions of dollars more per year, just to pay interest on the national debt.

 Why is this happening, i.e. why are yields increasing so quickly?

 Well, about the only thing that can cause yields to rise so quickly is a major supply and demand imbalance, i.e. too many investors are selling their bonds, and not enough investors are willing to buy them.

 And this could easily result from someone (or multiple parties) deliberately dumping their bonds and flooding the market.

Who might do such a thing?

 Well, perhaps some of the big Wall Street firms-- many of which have already expressed anger and dissatisfaction over the tariff policy. And some of them might simply not want to own US government bonds anymore.

 Remember, it wasn’t that long ago (September 2022) that then-British Prime Minister Liz Truss unveiled her economic plan. It was a pro-business, pro-market plan that involved tax cuts and more.

 But bond investors were concerned that Ms. Truss’s plan would result in a significant deficit. So they dumped their British government bonds (known as gilts). Bond yields skyrocketed, and the British pound went into freefall.

 It’s possible the same ‘bond vigilante’ mentality might be at work here.

 It’s also possible that some disgruntled foreign country could be divorcing themselves from the US dollar. Maybe it’s a supposed ally, like France. But it could just as easily be China (which owns more than $1 trillion of US Treasury securities).

 If true, the havoc that China can wreak by dumping their Treasury bonds and causing an interest rate spike in the US will substantially exceed any economic damage from their 84% retaliatory tariff.

 Perhaps it’s all of the above-- multiple countries AND bond vigilantes together.

 Who knows. But if this trend continues and US government bond yields keep rising, that pressure could be enough to get the President to back down.

 One thing’s for sure: gold is going higher. No surprise there; after an initial sell-off in which investors sold everything, gold has been surging back to its record highs.

 Most likely this is because foreign governments and central banks have resumed their buying in an effort to distance themselves from the US dollar.

 The interesting part about this is that gold companies are now also going higher.

 We have been talking about this for months. And months. We said that gold is at an all-time high, yet gold miners and related businesses were dirt cheap. We also said that bizarre anomaly won’t last.

 Well, it appears that investors have finally woken up to the new reality, and gold companies are now finally moving much higher.

 No matter what happens from here, it’s becoming more and more clear that there will definitely be a major reset in the global financial system (and gold may be a part of that).

 In fairness, it’s also worth pointing out that there may be a grand strategy here by the Trump administration. We’ll discuss this more soon but suffice it to say they’re obviously making a huge gamble with the future of the US economy.

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

https://www.schiffsovereign.com/trends/is-china-dumping-us-government-bonds-152455/?inf_contact_key=3da8ba2b61deaf22190dff286cd8b2f25ed554ec5cb65b266886a8a7a9bbed85

News, Rumors and Opinions Saturday AM 4-12-2025

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. 11April 2025

Compiled Fri. 11 April 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Thurs. 10 April 2025 MarkZ: “My Bond Contacts have gone very quiet. I think this is great news. My biggest Bond Holders told me I was just going to go to voicemail so they did not get into trouble. Group contacts are moving to set up for disbursement. 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. It sounds like Bond Holders are on NDAs and we are just waiting for notifications to come out.”

Tues. 8 April 2025: “The Green Light has been given.” …Mr. Pool on Telegram

Tues. 8 April 2025: “President Trump (allegedly) has given the Green Light for EBS messages to be sent over phones, TV and radio around the Globe saying that in the next five hours or so, everyone needed to be home for a global lockdown that would last 10 to 12 days.” …Gitmo TV on Telegram

Tues. 8 April 2025: “Trump just reset the Great Reset” …Whiplash347

Tues. 8 April 2025: “Guys I’ve been told that it’s a shotgun start so everything goes at once. God bless everyone.” …Wolverine

~~~~~~~~~~

Thurs. 10 April 2025 Bruce:

Two reasons we didn’t go today: (1) Musk has sent up 40 satellites in the last couple of weeks and there were a couple that had to be adjusted. (2) Jerome Powell head of the Federal Reserve finally got relieved of his duty tonight after Trump (allegedly) got permission of the Supreme Court.

The Stock Market went up yesterday today and made a comeback because 75 countries were working out tariff agreements with the US and President Trump.

Upper paymasters with Wells Fargo and a Redemption Center head said we could get notified tomorrow Fri. 11 April 2025 or over the weekend.

Tier4b (Us, the Internet Group) Notification and start of exchanges are to be underway before Easter Sunday 20 April.

DOGE payments will be made directly to your bank account, which should happen before Easter Sunday 20 April..

 ~~~~~~~~~~~~~

THE EBS – WHAT TO EXPECT: …Gitmo TV on Telegram Mon. 7 April 2025 (Rumors)

There will be a EBS message sent over phones, TV and radio around the Globe saying that in the next five hours or so, everyone needed to be home for a global lockdown that would last 10 to 12 days.

NESARA will be announced to the world, which will show that EVERYTHING NEW is beginning. Then through the EBS, they will show documentaries of everything that has happened to wake up the masses.

At the end of the 10 or 12 days, they will give out an 800 number for the general public to call and obtain an appointment to set up their Quantum money accounts on the new Star Link Satellite System.

Read full post here:  https://dinarchronicles.com/2025/04/11/restored-republic-via-a-gcr-update-as-of-april-11-2025/

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

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

Frank26  They've been working with the World Bank, the US  Treasury, the IMF.   The CBI and Sudani have...done a lot of amazing things.  The way they're talking, the World Bank and IMF, these people are talking like they got a new exchange rate.

Bruce   [via WiserNow]   what we're hearing...is that, yes...definitely in play...is for the exchanges to start over the weekend, Saturday or Sunday...we have heard that the...start of exchanges...are to be underway...well before Easter, Sunday, 20th of April.

Militia Man  They're moving to a non-oil society ...That's why they have governance...the digital transformation...all these new e-payment systems.  They're moving away from just oil.  Non-oil.  ... liquid natural gas...all these other natural resources.  It's really obvious. 

Silver Is About To Outperform Gold; Market Mayhem Is Just Beginning | Peter Grandich

Liberty and Finance:  4-11-2025

Peter Grandich shares insights on the recent surge in gold prices and the historically high gold-to-silver ratio. He discusses significant outflows of gold from London and the COMEX, signaling a shift in where big money is moving.

 Grandich, long cautious on silver, now believes it may outperform gold in the coming months due to its current undervaluation.

 He also highlights the strong financial position of gold mining companies amid rising metal prices and controlled costs.

The conversation concludes with a personal reflection on Holy Week and the enduring relevance of faith.

INTERVIEW TIMELINE:

0:00 Intro

1:30 $3250 gold

3:00 Tariffs and markets

6:20 Market whiplash

12:00 Silver market

17:15 Mining stocks

19:45 Holy Week

https://www.youtube.com/watch?v=bwKueQSa5aA

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