Early Access — Dinar Recaps (2024)

More Goldilocks' Comments and Global Economic News Thursday Evening 6-13-24

Good evening Dinar Recaps,

Multiple Chinese banks announced their involvement in themBridgecross-border central bank digital currency (cross-border CBDC) trials after the initiative launched its minimum viable product (MVP) last week.

Stablecoin issuer Paxos cuts 20% of its staff as PayPal receives Trust charter |Ledger Insights

Stablecoin issuerPaxossent an email to staff saying it’s cutting its workforce by 65 people or around 20% of its staff. That’s according toThe BlockandBloomberg, who viewed a company-wide email that Paxos confirmed. The move comes despite a strong balance sheet. Two weeks ago we reported thatPayPal received a New York trust charterfor digital assets, which it has not yet formally announced. The two pieces of news may be related.

~~~~~~~~~

~~~~~~~~~

Worldwide - Oil, Gas & Electricity - Another Major European Bank Withdraws From Fossil Fuel Financing |Mondaq

~~~~~~~~~

United States - Renewables - Treasury Department, IRS Issue Section 45Z Clean Fuel PTC Registration Guidance |Mondaq

~~~~~~~~~

Follow Goldilocks'Roadmap

Follow Goldilocks'Timeline

Goldilocks'Telegram Room

Q & ATelegram Room

Goldilocks on theSeeds of Wisdom Team™Website

Subscribe toNewsletter

Thank youDinar Recaps

Barbara Corcoran: Spend Money the Right Way and It Will Come Back to You

Adam Palasciano Wed, June 12, 2024

Many people may be under the impression that diligently saving money can make them rich. However, two self-made millionaires have a different opinion.

Barbara Corcoran, a real estate entrepreneur and star of ABC’s “Shark Tank,” is a firm believer that saving money doesn’t result in wealth.

“I’m just not a believer in saving money,” Corcoran explained to CNBC Make It. “I’ve never saved a dime my whole life.”

Additionally, finance guru and investor Grant Cardone recently tweeted his thoughts about saving money: “That full-time job won’t bring you wealth. Saving, saving, saving won’t bring you wealth… The ONLY thing that will bring you true wealth is investing.”

Wealthy people know the best money secrets. Learn how to copy them.

Focus on Building Cash Flow

Rather than throwing your money in a savings account, both Corcoran and Cardone agree that it’s financially smarter to invest in assets that “keep your money moving” and “create cash flow.”

It’s true that investing is one of the best ways to build true wealth and create cash flow. For example, investing in a start-up or real estate can lead to big returns and the potential for consistent income. Money indeed makes money, and investing carefully can get you there.

To Read More: https://www.yahoo.com/finance/news/barbara-corcoran-spend-money-way-113036533.html

Evening News with MarkZ and Mike Bara. 06/13/2024

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: A very happy Thursday Night to everybody.

MZ: We have a guest tonight that has information that will get you darn right excited and giddy. At least it did me. Here’s Mike Bara- who got some very interesting news today.

MB: Happy to be here and I want to say that this is not a rumor. I am not passing on a rumor.

MB: I know a guy, who knows a guy, who knows a guy. And the guy that I know that knows the guy that knows the other guy he said he got a call from a High corporate banking official from a major bank. And he said “You know that thing you have been bugging me about for the last 10 years?” ( and we all know what it is – it’s the RV) And the banker said “Well congratulations buddy- your dreams are about to come true!”

MB: The contact said ”Well, what do you mean?” And the banker said “We just got a memo today , a letter from headquarters informing us to Get Ready Right Now because the Iraqi dinar is revaluating extremely soon. Boom.

MZ: Revaluating? I thought this was important so I told Mike I had sat down with some bankers who wanted to run through scenarios with me and my currency and train some people. And that was the exact term they used in banking then.

MZ: It is going to revaluate;;…Its revaluating. That is the terms the banks use. They do not say RV or that it’s going to revalue. Its revaluating.

MB: Right – that’s a technical term . And I will tell you this, The contact I have – well he knows people that you all in Dinarland have heard of. He is not making this up and he did have this conversation with his friend at a major bank who has a high position in that bank…. That was This morning.. We are working on trying to get a copy of the actual memo. I don’t think we will be able to….but I told him he could redact parts or we would do it for him …we just want the essence of the communication. Just to show you that this isn’t made up.

MB: I don’t know how to evaluate the term “really soon” except to say I think it means in the next 2 or 3 days .We don’t know but, that’s what I think it means.

MB: Over in rumble my partner on my show “Real News live with Mike and Jen” Without knowing this story …she got in her jentel meditations today “ The next 2 or 3 days is the plan”

Member: Mike From your lips to the bankers ears!

MB: We don’t need Iraq to have a public rate to go…We have talked about that. And yet we might get one at the same time as we go.

MB: Jen also got today that they are monitoring suspicious business in Reno …They are also watching rates move on screens …Best estimate is today or tomorrow, but later if Reno has a problem…..But currencies are flowing from exchange centers into Reno. . . then sent back to the countries of origin. That’s what she says.

MB After I told her the bank story today. Jen says it’s happening right now. Money is flowing. I am about as excited as I have ever been. I have to tell you again that my source is not lying about this…..He is not making it up. He got this phone all today.

MZ: Over the last 4-5 days I have received so many calls from people in banking who told me “You are right- they are telling us it is imminent and any moment. We should be seeing it soon- get yourself prepared“

MB: It sounds like the same types of memos are going out all over.

Member: Does this means Iraq is going sola?

MZ: I don’t believe that is what it means. too many banking contacts are talking about the zim , 2 other currencies we hold and the bolivar.

MB: I cannot really elaborate on this now…but I hope you have some.

Member: Mike Bara with the “Home run”. Thank you Sir!

Member: I have a contact in Missouri that has been contacted by a private banker with a Tier 1 bank. They told him to get prepared for the upcoming event.

MZ: So many of you guys who are unrelated…Don’t talk to each other and live in different areas are getting the same notices. And its very exciting when you share them with us.

Member: Mark, you said yesterday Zim is being aggregated by groups…what does that mean? Does that affect the Zim going with the dinar?

MZ: Different sellers and groups have put their Zim together and is being negotiated by a paymaster. It has nothing to do with it going the same time….or the timing.

Member: Does anyone have the Gov document about no taxes for the Iraqi Dinar?

MZ: Go to section 6 Financial Sector: The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” https://www.state.gov/reports/2022-investment-climate-statements/iraq/

Member: I wouldn't even care if I was taxed if it meant the RV was coming. I'm grateful either way

Member: Thanks Mark and Mike……Awesome news tonight……thanks you so much.

PLEASE JOIN ZESTER’S CRAZY CRYPTO NEXT “LIVE” PODCAST FRIDAY AT 5:00 PM EST. HOPE TO SEE YOU THERE! ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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

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

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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

https://www.youtube.com/watch?v=_jqdtL9vjx8

TNT:

Tishwash: Iran offers Iraq its contribution to the path of development

Iran offered the Iraqi government to participate in the strategic development path.

This came during a meeting between Prime Minister Muhammad Shia al-Sudani, today, Thursday, with Acting Iranian Foreign Minister Ali Bagheri and his accompanying delegation.

At the beginning of the meeting, Al-Sudani renewed his condolences for the incident that claimed the lives of the Iranian President, the Foreign Minister and their comrades, stressing that Iraq will continue its approach towards strengthening relations with the Islamic Republic and consolidating the foundations of constructive cooperation, in a way that achieves the interests of the two neighboring countries and the prosperity of their peoples, according to a statement from Al-Sudani’s office.

He added: "The meeting witnessed discussion of the regional and international situation, the developments of the aggression in Gaza and its tragic consequences on the humanitarian level, the brutal crimes committed by the occupation forces on a daily basis against the Palestinian people, and the necessity of serious efforts by the international community to stop the aggression and avoid the expansion of the conflict in the region."

It was also emphasized that the joint committees would continue to hold their meetings, and the actual implementation of the memorandums of understanding signed by the two countries in the sectors. Energy, security, education, transportation, and other vital economic fields.

For his part, Bagheri expressed his thanks to Iraq for its solidarity with the Islamic Republic of Iran regarding the president’s plane accident. He also praised Iraq’s pivotal role in the region and its constant endeavor to enhance stability by bringing viewpoints closer between countries. He also affirmed Iran’s support for Iraq’s efforts in implementing the Strategic Development Road Project. And her willingness to contribute to it.

Turkey, Iraq, Qatar, and the United Arab Emirates recently launched a new trade route linking the Gulf to Europe as part of an effort to strengthen economic relations. This road is called the Development Road, and it is the newest economic corridor in the region after the Chinese Belt and Road Initiative and the economic corridor between India, the Middle East and Europe.

The project, which was completed during Turkish President Recep Tayyip Erdogan's visit to Baghdad on April 22, is expected to cost $20 billion, with most of the financial support coming from Doha and Abu Dhabi. link

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

Tishwash: Mohammed Shukri: The Kurdistan Region can provide a suitable environment to attract investors

The Chairman of the Investment Authority in the Kurdistan Region, Dr. Muhammad Shukri, confirmed on Thursday, June 13, 2024, that the Kurdistan Region can provide a suitable environment to attract foreign investors.

Shoukry told Kurdistan 24: "The Board of Investment signed a cooperation agreement with the International Finance Corporation of the World Bank to benefit from expertise and technical support, strengthen the legal framework, facilitate investment procedures and effectively encourage the local and foreign sectors."

He added: "Through collective efforts with representatives of the institutions and ministries present, we can turn these visions into reality, because working together is the basis for an attractive environment for investment, promotes economic growth, and brings prosperity to the people of Kurdistan."

The President of the Kurdistan Regional Government, Masrour Barzani, confirmed at the end of last month that the Kurdistan Region is a stable and safe place for investment.

Masrour Barzani said, in a post on the X platform, after the opening of the Qatari consulate, Sunday, May 26, 2024, that "the opening of the Consulate General of the State of Qatar in Erbil is a starting point for the further development of our relations.

He added: "The Kurdistan Region is a stable and safe place for investment."

"We call on Qatari investors and tell them that the regional government is ready to provide all facilities," he said.

"Last year, the first shipment of Kurdistan's agricultural exports arrived in the Qatari market."

"We are also having talks on industry, banking and renewable energy." link

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

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

Nader From The Mid East Last week...I said Iraq government start a new white paper, it's all about the currency. From here to the 8th of July we should have an answer. What they going to do - Are they going to change the exchange rate or not? That's what I said exactly. They're working on it. I know they created a white paper on that. The CBI... government of Iraq, the reserve and the IMF are all working on the same page on those white papers. I don't know if it's going to change or not...

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani came out and again he says to us the dinar is stronger than the dollar. FRANK: Your contracts are being rewritten because your dinar is strong now. FIREFLY: Then he said that Iraqi people will see a significant increase in the exchange rate this year. He's saying all this in a recorded speech. He's talking about the economy and how we're growing and what is expected. FRANK: Like I told you, the monetary reform education would get louder and louder into this month. It looks like they're using a megaphone to scream it to you. These are exciting time for your monetary reform, for your country, for the value of your currency.

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

When Fed Pivots, Markets to See 'Dramatic' Drop, Here's Why & What's Next For Gold, Bitcoin: Soloway

Kitco News: 6-13-2024

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, who says that the U.S. stock market could see a "dramatic" drop once the Federal Reserve starts cutting rates.

Soloway reacts to Fed Chair Jerome Powell's latest comments. He warns of concerning signs in the U.S. banking sector, which is seeing big institutional players "unloading" the stocks of big banks.

He shares the Black Swan event investors need to pay attention to.

Soloway also gives his outlook on the Fed and the U.S. economy, sharing his price forecast for the U.S. stock market, gold, Bitcoin, and silver. He also breaks down the recent moves in Apple and Nvidia.

00:00 Coming up

00:45 Introduction: Fed Decision

02:26 Market Insights

06:24 Inflation & Consumer Spending

08:07 Market Reactions

09:06 Recession

16:51 Balance Sheet Insights

24:45 Banking Sector

28:52 Apple & AI

33:05 Nvidia

37:29 Bitcoin

43:08 Gold & Silver

https://www.youtube.com/watch?v=Bic7Oi-svM0

KTFA:

BuckEyeTree: The Forex Live My Charts showed the IQD Futures trade at $4.21 at about 10:33am ET this morning. What potential the IQD has!! Woho! Just wait for the reveal and international trading.

IMO when Sudani said this year, those words could apply to June as well as December, but I am inclined to think sooner not later.

Sudani is not giving any date until it is time for him to do that on Iraq TV. When the Iraqis see videos showing the new lower notes, the rate would be very near at hand. There seems to be excitement in the air among Iraqis because their leaders, Sudani and Alak, are about to make good on their promises. In My Opinion.

We wish Iraq and Iraqis well for an improved Iraq. May that region have peace which brings prosperity.

Stay grounded. Big bucks have big responsibility.

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

Clare: It will be transformed into a modern facade...a huge project awaiting an Iraqi city

The first supervisor of the expansion project, the Governor of Nineveh, Abdul Qadir Al-Dakhil, said, “The Italian company SGI will embark on the expansion project of the city of Mosul,” noting that “the company has a long history in this field,” adding that “its mission will be to reorganize the city in terms of services and economics.”
Al-Dakhil directed all security and service sectors in Nineveh to "cooperate to make this project a success in the planned manner to restore life to the city of Mosul after several years of destruction."

He also pointed out that "the expansion will add more than 160,000 dunams to the city of Mosul, which will be used for housing purposes and the establishment of green areas and malls," he said.

The Governor of Nineveh, Abdul Qadir al-Dakhil, signed a contract with the Italian engineering company SGI to start a long-stalled project to expand the city of Mosul. The proposed project would expand the city by 7 kilometers (4.5 miles) in all directions, and includes the development of 160,000 dunums (1,600 hectares). ) of lands allocated for investment in industrial, agricultural, housing and tourism projects.

Nineveh has a population of about 4 million people, and it is one of the most religiously and ethnically diverse regions of Iraq. The majority of its residents are Arabs and Kurds, who are Sunni Muslims, and most of them reside in the governorate center (Mosul), and the city and the governorate areas are also home to a large number of Christians.

In a press conference announcing the project, Al-Dakhil described it as an unparalleled opportunity for Nineveh, and presented the governorate’s council with 20 projects that would be included in the development campaign. In addition, the Mosul administration plans to build a small sports city to replace the dilapidated local administration stadium. LINK

Clare: Sudanese Advisor: The development path will provide more than 100,000 job
opportunities

6/13/2024

Advisor to the Political Advisor to the Prime Minister, Fadi Al-Shammari, said today, Thursday, that the development path will provide more than 100,000 job opportunities.

Al-Shammari said in press statements followed by Mawazine News, that “the development road project is a purely Iraqi idea,” noting that “invitations have been sent to all neighboring and Gulf countries to participate in the development road as an international crossing linking the East with the West.”

He added, "The cost of the development road is 17 billion dollars, and it is expected that the basic stages of the road will be opened within 5 years."

He pointed out that "the road passes through 10 governorates up to the Iraqi-Turkish border, from which it will be connected to the highway network in Turkey," pointing out that "the development road will connect the areas on both sides of it by 7 km on both sides of the road along the line (16,660,000 km) meters to Hawislat." Cities, factories, factories, warehouses, and investment projects that contribute to diversifying sources of income.”

He continued, "The development path is designed to build a (new Iraq) in western Iraq from Basra all the way to Nineveh."

The Sudanese advisor added, "The road will provide job opportunities for more than 100,000 and more," while noting that "the region is facing promising opportunities and we are discussing the regional implications for ending conflicts and moving toward development." LINK

Clare: Iraq signs a new financing agreement for Gulf connectivity

6/13/2024 Baghdad –

The Minister of Electricity, Ziad Ali Fadel, announced today, Thursday, the signing of the second financing agreement between the Gulf Electricity Interconnection Authority and the Kuwait Fund for Arab Economic Development.

The minister said in a statement received by Mawazine News Agency, after signing the agreement in the State of Kuwait, that “concluding this agreement is a strategic step towards enhancing the stability of the electrical network in southern Iraq, and represents fruitful cooperation between Iraq and the Gulf countries in the energy sector.”

Fadel praised "the efforts of the Gulf Electricity Interconnection Authority in achieving this important achievement, which will contribute to improving energy efficiency and meeting the needs of our people." Iraq had concluded an agreement with the Gulf Interconnection Authority, to connect the southern Iraq network to the Gulf electricity network, with a length of (295) km, by extending overhead transmission lines with a voltage of (400) kilovolts from the Wafra station in the State of Kuwait, to the Al-Faw station in the far south of Iraq.

And providing it with a capacity of up to (500) megawatts in the first phase, and (2000) megawatts in the second phase. LINK

Iraq Economic News and Points To Ponder Thursday Afternoon 6-13-24

The Federation Of Iraqi Chambers Discusses With The American Embassy Efforts To Form A Joint Business Council

Thursday 13, June 2024 | Economical Number of readings: 381 Baghdad / NINA / The Union of Iraqi Chambers discussed, with the American Embassy in Baghdad, efforts to form a joint business council.

The Union of Iraqi Chambers said in a statement: “The President of the Union, Abdul Razzaq Al-Zuhairi, received the American Ambassador, Alina Romanowski, and the two parties discussed strengthening trade and economic relations, and the intention to form a joint business council.”

Al-Zuhairi said, according to the statement, “Our relationship is balanced with all countries that support Iraq’s approach to developing its economy, and we stand at the same distance from all countries for the good of Iraq.”

The two parties reviewed the volume of trade exchange between the two countries, and the ambition to increase it to a level befitting the size of the relationship between Iraq and America. They also discussed the prospects for cooperation and association with the Iraqi chambers of commerce, in order to expand the scope of economic work and develop the work of the chambers of commerce, in a way that strengthens the economic partnership and opens the door to cooperation. With the public and private sectors.

Meanwhile, Ambassador Romanowski stressed that all difficulties have been overcome regarding granting entry permits to investors and businessmen.

The two sides stressed the issue of mutual delegations in a way that meets the level of ambition, expressing their satisfaction in achieving the desire for joint cooperation at the level of commercial and economic work./ End https://ninanews.com/Website/News/Details?key=1132287

The Financial Supervision Authority Announces The Development Of A Systematic Plan To Complete The Final Accounts For The Remaining Years

Office of Financial Supervision Building Economy News – Baghdad The Federal Office of Financial Supervision announced, on Thursday, the development of a systematic plan with specific completion dates for the final accounts for the remaining previous years.

The Deputy Head of the Bureau, Qaiser Ghazi Zaghir, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “there are many problems in the state’s final account, including the financial statements submitted by the Ministry of Finance.”

Zaghir added, “The Ministry of Finance collects all the ministries’ final statements and later sends them to the Financial Supervision Bureau,” noting that “there are some obstacles in submitting the data, unifying them, and sending them to the Bureau.”

He pointed out that “relentless efforts were made in coordination between the Financial Supervision Bureau and the Ministry of Finance and under direct guidance by the Prime Minister, and more than one meeting was held between the Ministry, the Bureau and the relevant authorities, and a systematic and specific plan was developed with a specific completion date for the final accounts for the remaining years, as for the final accounts of the ministries individually.” It will continue to be approved for several years until 2023.”

He pointed out that "the last final account was approved in the 2014 budget, and the final account for the year 2015 was also sent to the Council of Ministers to be sent to the House of Representatives. The final account for 2016 was also completed, and the Bureau is now working on auditing the final account for the year 2017." Views 33 Added 06/13/2024 - https://economy-news.net/content.php?id=44294

The Minister Of Immigration And The Head Of The Financial Supervision Bureau Discuss Combating Corruption And Preserving Public Money

Wednesday 12, June 2024 |Economical Number of readings: 111 Baghdad / NINA / The Minister of Immigration and Displacement, Evan Faiq Jabro, discussed with the head of the Federal Audit Bureau, Ammar Subhi Khalaf, Wednesday, topics related to combating corruption and preserving public money.

The ministry stated in a statement, “Jabro met with Khalaf at the Bureau’s headquarters in the capital, Baghdad, in the presence of Undersecretary Karim Al-Nouri and the Director General of the Branch Affairs Department, Ali Abbas Jahakir.”

She added, "The meeting discussed several topics related to the quarterly anti-corruption position form and the measures taken by the ministry to preserve public money." https://ninanews.com/Website/News/Details?key=1132188

A Slight Decline In Dollar Prices In Local Markets

Economy | 06/13/2024 Baghdad - Mawazine News The exchange rates of the dollar against the dinar decreased today, Thursday, in local markets.

Dollar prices fell with the opening of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, where the exchange rate reached 147,000 dinars per 100 dollars, compared to yesterday, Wednesday, of 147,250 dinars per 100 dollars.

While selling prices in banking shops in local markets in Baghdad also recorded a decline, as the selling price reached 148,000 thousand dinars, while the purchasing price reached 146,000 thousand dinars for every 100 dollars.

As for Erbil, the dollar also recorded a decline in its exchange rates in banking shops, as the selling price reached 146,850 dinars per dollar, and the purchase price reached 146,750 dinars per 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=249629

To read more current and reliable Iraqi news please visit :https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

Opposition inflames the enthusiast, never converts him. -J. C. F. von Schiller

The thought that we are enduring the unendurable is one of the things that keeps us going. -Molly Haskell

If you do things well, do them better. Be daring, be first, be different, be just. -Anita Roddick

A certain amount of opposition is a great help to a man; it is what he wants and must have to be good for anything. Hardship and opposition are the native soil of manhood and self-reliance. -John Neal

Difficulties, opposition, criticism - these things are meant to be overcome, and there is a special joy in facing them and in coming out on top. It is only when there is nothing but praise that life loses its charm and I begin to wonder what I should do about it. -Vijaya Lakshmi Pandit

They sicken of calm, who know the storm. -Dorothy Parker

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

‘Inescapable Debt Trap’: Fed Going ‘Right Back’ to 0% | Brien Lundin

David Lin: 6-13-2024

Brien Lundin, Editor of Gold Newsletter, discusses the "inescapable debt trap" that could devalue currencies, and the assets that will likely outperform in the coming years.

0:00 – Intro

1:09 - GPUs and data centers

4:40 - Nuclear power

6:20 - Uranium

11:20 - Copper

16:37 - Mining stocks

21:48 - Unsustainable debt

28:48 - Fed monetary policy

34:17 - Investment implications

40:10 - Soft landing

42:43 - New Orleans Investment Conference

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

SILVER ALERT! When Silver Breaks Free it will BREAK THE BANKS!

(Bix Weir) 6-12-2024

170 Years of Silver price suppression will not End Quietly...it will end in a BIG BANG! Brace yourself for the next few months!

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

Saudi's MBS Shocks America; Dollar Dominance Could End As Riyadh Chooses Not To Renew U.S. Oil Deal

Times of India: 6-13-2024

Saudi Arabia has reportedly decided not to renew its 80-year petro-dollar deal with the U.S., marking a significant shift with potential implications for the oil market. The deal, which expired on June 9, had long been a cornerstone of U.S. global economic dominance. Watch details

https://www.youtube.com/watch?v=6wXXq5Z6lW8

France Panic: Economy Downgraded, Macron Desperate Ultimatum, Russia Sanctions Backfired

Sean Foo: 6-12-2024

In a shocking move, Macron just made a desperate gamble with his snap election demand. France is facing a big economic crisis with S&P downgrading its economy and the blowback effects of the sanctions on Russia.

At the same time, Macron is desperately trying to contain Le Pen's far-right party. Here's what you must know!

Timestamps & Chapters:

0:00 French Economy Downgraded

2:37 Macron's Desperate Gamble

5:45 France Sparks Economic Panic

7:48 Le Pen & Russia

10:48 French Shock Coming

https://www.youtube.com/watch?v=cxZ4t2iB3gA

Goldilocks' Comments and Global Economic News Thursday Afternoon 6-13-24

Good Evening Dinar Recaps,

"Singapore Consults on Implementation of Global Minimum Tax"
The Organisation for Economic Co-operation and Development has a 15% tax on multinational enterprises.

HSBC Announcement |Finance Feeds

"HSBC China has become one of the first foreign banks in the country to provide digital yuan services to both corporate and retail customers."

~~~~~~~~~

~~~~~~~~~

~~~~~~~~~

Bank of Thailand opens DLT programmable payment testing in sandbox -Ledger Insights - blockchain for enterprise

~~~~~~~~~

Follow Goldilocks'Roadmap

Follow Goldilocks'Timeline

Goldilocks'Telegram Room

Q & ATelegram Room

Goldilocks on theSeeds of Wisdom Team™Website

Subscribe toNewsletter

Thank youDinar Recaps

Thank you MarkZ for all your time, and encouragement daily….. PDK

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: Wow- Thursday Already,….Good morning everyone.

Member: Are they ever gonna pull this trigger.. I feel like it’s groundhogs day every stinking WEEK!

Member: Charlie Ward always thought it would happen on a Thursday……hope this is the one

Member: Eid Al Adha starts tomorrow here in the Middle East and runs thru Tuesday. Work resumes on Wednseday

Member: Hi Mark, what's the TimeLine on exchanging our currency's?

MZ: I am told we will have a bare minimum of 30 days….but most likely 90 days to exchange once the RV occurs.

MZ: If the rumors coming out of Iraq, Reno and other areas are correct and it’s this weekend…..{Thats the rumors that are gathering steam right now…..they are very prevalent.) Then anywhere from 30-90 days after that.

MZ: I plan on getting in …getting out …and getting on with life.

Member: I wonder if redemption folks on alert for weekend?

Member: Can’t wait to get this over with and move on with living and creating a better world!! This long wait has really sucked!

Member: Russian stock market stops dealing with U.S. or Euro $ Dollars

MZ: “Bank of Russia suspends trade in Hong Kong dollar” They halted trades in the Hong Kong dollar because it is directly pegged to the US dollar. They have also halted trade in the Euro and the dollar in response to the latest secondary round of sanctions. This will have a tremendous ripple effect around the world. This will effect oil purchases ect around the world. ……

MZ: How many currencies are pegged to the US dollar? Over 66 countries are pegged to the USD. Will this spread????????? This should affect trade with all those countries. The US has very short sighted politicians.

Member: Mark, I just saw that a large group of black swans is called a Bank, could the bank collapse be the black swan event?

Member: Forex live is showing the dinar at $4.21

MZ: We are seeing a lot of value changes on screens …we are seeing a lot of inconsistancies….which to me means a priming of the system

Member: Sure would be nice to exchange at least a couple notes, to give a little buffer in this crap economy.

Member: If bonds are moving…what about CMKX?

MZ: There is no update on CMKX….yet. They just continue to update values, fines and penalties twice a month is what I was told. I had 2 different trustees mention that….and to stay prepared. We are waiting for that “go”

MZ: When Peter Mayhew and Al Hodges tied the payout of CMKX to new asset/gold backed money…it both slowed us down…but guaranteed us to get paid instead of robbed.

MZ: Its quiet on the bond side. They are still waiting the release of their funds. Most of my contacts are being told now to expect it late in this week….going into the weekend. .

MZ: “El Hakim’s coalition is the first to oppose Malikis call for early elections “ Maliki is back to his shenanagans again…..But he failed at those shenanagans wanting to push Sudani to an early exit. IMO Maliki does not work for the good guys or the good of the people.

MZ: “Iraq’s development road is linked with China’s “Belt and Road “ initiative” This will be a major trade corridor in the region. This is a major boon for Iraq. China has made major inroads in Iraq. And Iraq reaches out to them now- not to the US.

MZ: “Iraq and Lebanon discuss major fiber optic project” Why is this important? It start in Iraq and goes throughout the entire region. This makes Iraq a regional player in stability infrastructure, communication ect…….This is a big deal .

MZ: “Three states start summer with sound money policies” This is from Schiff Gold. Early this year 4 states took steps toward sound money by lifting and reducing taxes on physical gold and silver. A few months later 3 other states have actually implemented sound money policies . By doing so they have improved citizen’s economic standing. States are starting to decouple themselves with a safety net from the Federal Reserve and the fiat dollar. This is big news.

MZ: “US-Saudi Arabia petro dollar pact ends- Joe Biden’s failures are bringing an end to the global dollar dominance. “ We have been talking about the death of the Petro dollar. This has started a chain of events…..how quickly they unfold is the question.

Member: I heard a rumor that Nesara/Gesara starts on July 4th????

Member: Did those that exchanged in Kuwait have to pay capital gains taxes?

Memerr: No they did now…is what I was told.

Member: IMO- Like most lottery winners this reset won’t fix anything

Member: it wont fix people doing stupid stuff ….but if you smart about it…. its the best thing that can happen

Member: A lot of people are going through things in our community here. It’s our job to keep everyone motivated and hopeful that this blessing is on the way.

PRAYER requests for Reno, NV please!! 193 acre fire that was 40% contained but grew in intensity overnight

Member: Never give up on what you really want to do. The person with big dreams is more powerful than one with all the facts.

Member: Everyone enjoy the rest of today……

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

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/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/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

Twitch: https://www.twitch.tv/theoriginalmarkz

Youtube: https://www.youtube.com/watch?v=XSro4aJKjFI

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.

Judy Note: It’s amazing what the Main Stream Media refuses to report and doesn’t even seem to care. In fact, it’s a little scary how we’re all controlled by not being told what’s really going on and don’t even realize it:

Last Sun. 9 June 2024 Saudi Arabia ditched the US Dollar and did not renew a 50 year contract, plus three days later around 12 noon EST on Wed. 12 June in a shocking and devastating move, Russia’s Moscow Stock Exchange immediately suspended all trading in U.S. dollars and Euros, delivering a major blow to the U.S. currency – all of which was bound to begin a Global Financial Crash – but you’d never know it according to the news.

~~~~~~~~~~

Global Currency Reset: Rumors/Opinions

Wed. 12 June 2024 TNT Tony: “They want this done by Sat. 15 June 2024. Banks are expecting to work this weekend. Iraq has country wide celebration planned for Sun. 30 June.”

Wed. 12 June 2024 Wolverine: Good news from all serious and responsible sources.

This has already begun, the initial sound has been heard throughout the media context of REDEMPTION/REVALUATION AND GLOBAL FINANCIAL RESET.

It has been confirmed that the release of funds for currency swaps and historical asset swaps began after 12:00 a.m. on Tues. 11 June.

These released funds will become liquid once the 800 holder numbers and emails are released.

Exchange notifications begin on Wednesday, June 12.

It is a process that has just begun, everyone’s turn will come in due time, it will be a matter of days. We ask all beneficiaries to be very calm and patient, as they will be receiving notifications from their taxpayers. For the safety of everyone involved in the process, it is necessary to be very, very discreet. Your friend That loves you all Wolverine

~~~~~~~~~~

Tues. 11 June 2024 Wolverine:

God has sent me on this journey and now I cry, for I have the official news: It has been confirmed that the release of funds for currency exchanges and historical assets have already begun after 12 noon Tues. 11 June EST.

Funds will become liquid after the 800 is released to you on Wed. 12 June.

The last of this is a banking formality. Everything is done. The wait is over. What has been said so many times by so many that is going to happen has now happened!

C’s losses have already begun with the 27 Asian elderly and rogue families. It has started first with the Elders who are the trigger for all exchanges and redemptions.

Once the closing process begins for Zimbabwe dollar and the Iraqi Dinar, which are part of the first currencies to cross the International Monetary Fund, and which revalues the currencies, all currencies will continue to close until all IMF SDR currencies are revalued.

Congratulations you have made it. This is real. It has started.

I also received a message from the director of the CIC, which is the actual foundation for Mauricio. Right now, he is currently with the President of Colombia, handing out the documents and everything to the president so the funds can be released – I am not sure if it is televised or not, but it is happening right now! I just received a photo shoot!

I am beyond words right now! I am really, really, emotional.

What we need now is for the Tier4B notifications to start coming through, which will be tomorrow Wed. 12 June.

It is a privilege to have known these people (Marucio’s Team) who have changed my life. Especially my wife…. (sorry guys it has been hard, Wolverine is choked with emotion at this point). God bless you all, and hopefully, I pray to God, that that Opera will be released to you. Take care, have a beautiful day. Wolverine (transcribed by Carpathia)

~~~~~~~~~~

Global Financial Crisis:

The Head of Germany’s Stock Exchange says the country is becoming a “Developing Country” and called his own market “A junk Shop.”

Saudi Arabia has ditched the US Dollar and did not renew the 50-year petrodollar agreement with the United States. Instead, they will be selling oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan. This should be treated as a Black Swan Event, but you wouldn’t know it because the U.S. government is more focused on investigating tire tracks over a street intersection. Remember, the revolution will not be televised.

Russia Bans All US Dollar and Euro Trading on Moscow Exchange: Chinese Yuan Dominates Is the Dollar’s Dominance in Jeopardy After Russia’s Latest Action?https://ai3d.blog/russia-bans-all-us-dollar-and-euro-trading-on-moscow-exchange-chinese-yuan-dominates/

Read full post here: https://dinarchronicles.com/2024/06/13/restored-republic-via-a-gcr-update-as-of-june-13-2024/

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

From Recaps Archives:

$ .86 = 1.162
$ 1.00 = 1.000
$1.17 = 0.854
$1.86 = 0.537
$2.00 = 0.500
$2.50 = 0.400
$3.00 = 0.333
$3.22 = 0.310
$3.46 = 0.289
$3.50 = 0.285
$3.86 = 0.259
$4.00 = 0.250
$4.10 = 0.243
$4.40 = 0.227
$5.00 = 0.200
$5.25 = 0.190
$5.50 = 0.181
$6.00 = 0.166
$7.00 = 0142
$8.00 = 0.125
$8.25 = .0121
$8.50 = .0117
$9.00 = 0.111
$10.00=0.100

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

Iraq URGENT MESSAGE IQD Currency Information

Edu Matrix: 6-13-2024

People are losing faith because they have learned the numbers behind Iraq's revalue status. Here is what more than likely will happen.

https://www.youtube.com/watch?v=7Ll8CgbDlaM

EPIC DISASTER... The Economy Is Being DESTROYED From Within. FED IN FULL CONTROL.

Greg Mannarino: 6-12-2024

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

Iraq Economic News and Points To Ponder Thursday AM 6-13-24

Iraqis Are Resorting To “Gold Bullion” Instead Of Money, And The Banking System Is Dying

Economy | Yesterday, 11:18 |Baghdad today - Baghdad Today, Wednesday (June 12, 2024), financial affairs expert Mustafa Hantoush revealed the reason why Iraqis are resorting to purchasing gold bullion in abundance during the current period.

Hantoush said in an interview with "Baghdad Today" that "recently, the demand for buying gold bullion has increased significantly by citizens, especially those with large sums of money.

They have begun to save that money through these bullion instead of depositing their money in banks." He stated that "the reason why citizens resort to buying gold bullion to save their money is as a result of the weakness of the banking system, lack of confidence in this system, and fear for their money due to American sanctions.

This is why we see the majority of Iraqis turning towards gold bullion, especially in light of the

high prices of the yellow metal and the

stability of this price and

its lack of fluctuation like the dollar.".

From mid-December 2022 until now, the Iraqi dinar has continued to fall against the US dollar, until it reached the level of 1,610 dinars against one dollar at a time when the official price of the dollar is 1,300 dinars.

With the decline of the national currency and the rise in poverty and unemployment rates, Iraqi gold markets recorded a large demand from customers to buy the yellow metal amid warnings against buying counterfeit ones.

According to data from the specialized website “Bloomberg”,

Iraq bought 33.9 tons of gold in the year 2022, while the Turkish Consul General in Erbil Hakan Karaçay revealed that Iraq imported Turkish gold worth $1.5 billion during the year 2021.

Iraq's gold reserves witnessed a noticeable increase during the month of February 2024, as International Monetary Fund data showed that Iraq had increased its possession of the precious metal by 3,079 tons, bringing the total to 145,661 tons.

This increase indicates Iraq's continued strategy to

diversify its foreign reserves and

enhance financial and monetary stability in the long term.

This step by Iraq comes at a time when the world is witnessing a rise in gold prices, as the price reached its highest level in its history last month above $2,400 per ounce.

Many simultaneous factors are strengthening the record levels of gold,

especially in light of the escalation of geopolitical tensions around the world, and

in light of the state of “uncertainty” surrounding the global economy, which supports the trend towards the precious metal as a traditional safe haven in the face of market fluctuations and dire scenarios that impose themselves on the market. the scene.

Iraq is among the countries that possess large amounts of gold reserves in the Arab region, as

it ranks fourth after the Kingdom of Saudi Arabia, Algeria, and Morocco.

https://baghdadtoday.news/251372-العراقيون-يلوذون-بـسبائك-الذهب-بدل-الأموال-والنظام-المصرفي-يحتضر.html

Iraq Raises Its Gold Possessions To More Than 145 Tons

Economy Possession of gold 2024-06-Shafaq News/ The World Gold Council announced on Thursday that Iraq has increased its gold holdings to reach more than 145 tons of global gold reserves.

According to the latest table issued by the Council for the month of June, viewed by Shafaq News Agency, the volume of Iraq’s gold possessions reached 145.7 tons, compared to 142.6 tons during the month of May.

The Council explained that Iraq dropped in rank to reach 31st place globally out of 100 countries listed in the table with the largest gold reserves, and

this amount represents 9.8% of the rest of its other reserves.

The Council indicated that the United States of America has the largest possession of gold in the world with 8,133.5 thousand tons, followed by Germany with 3,352.9 thousand tons, then Italy with 2,451.8 thousand tons, while Suriname came at the bottom of the list with 1.2 thousand tons.

It is noteworthy that the World Gold Council is based in the United Kingdom, and includes members of the largest gold mining companies in the world, and has extensive experience and deep knowledge of the factors affecting the gold market. https://shafaq.com/ar/اقتصـاد/العراق-يرفع-حيازته-من-الذهب-ل-كثر-من-145-طنا

An Economic Expert Rules Out The Possibility Of Establishing A Sovereign Fund In Iraq... And Enumerates The Reasons

Time: 06/12/2024 15:24:35 Read: 1,638 times {Economic: Al-Furat News} An economic expert ruled out the possibility of establishing a sovereign fund in Iraq.

Salah Nouri, the former director of the Financial Supervision Bureau, told Al-Furat News Agency, “Sovereign funds are established to achieve mostly strategic development goals.”

He stated that "most of the sources of financing for sovereign funds for countries that possess natural resources are from the surpluses of these sources (oil and gas) or foreign exchange surpluses." He pointed out that

"the management of sovereign funds is independent and highly experienced in successful investment and developing fund returns." Nouri continued,

“From the above, I think Iraq is not prepared, as there are no surpluses from natural resources (oil and gas) for these funds.

Rather, revenues from the sale of oil are depleted in the general budget in addition to resorting to borrowing (external and internal).

On the contrary, Iraq is likely facing a financial sustainability deficit.” Borrowing results and benefits.

https://alforatnews.iq/news/خبير-اقتصادي-يستبعد-إمكانية-انشاء-صندوق-سيادي-في-العراق-ويعدد-الأسباب

An Economic Expert "Indicates" A Record Increase In The Volume Of Electronic Payments (POS)

Economy | Yesterday, 17:55 |Baghdad today – Baghdad Today, Wednesday (June 12, 2024), economic expert Manar Al-Obaidi indicated a record increase in the volume of electronic payments (POS) for the month of April 2024.

Al-Obaidi said in an explanation on his Facebook platform, followed by “Baghdad Today”, that

“electronic payments with local cards have reached a record level, the first to be recorded in Iraq, with the value of payments reaching 1.5 trillion Iraqi dinars, an increase of 77% annually. Monthly rate of 10%. He added,

https://baghdadtoday.news/uploads/posts/2024-06/1718202977_2.jpg

"Thus, the value of electronic payments for the four months of the year amounted to 5 trillion Iraqi dinars, while the total electronic payments for the year 2023 were approximately 9.6 trillion Iraqi dinars, and the total electronic payments for the year 2022 were 8.2 trillion Iraqi dinars," pointing out that

"it is expected to exceed Electronic payments this year exceed 30 trillion Iraqi dinars.” Al-Obaidi stressed,

“This increase is due to the policies that were taken, especially in the field of government transactions, which imposed exclusively electronic payment, and the increase in societal culture.”

https://baghdadtoday.news/251403-خبير-اقتصادي-يؤشر-ارتفاعا-قياسيا-بحجم-المدفوعات-الالكترونية-(pos).html

To read more current and reliable Iraqi news please visit :https://www.bondladyscorner.com/

Provoking Thoughts and Points To Ponder On Adversity:

Necessity is often the spur to genius. -Honore de Balzac

Necessity is the mother of "taking chances." -Mark Twain

Necessity makes even the timid brave. -Sallust

People wish to be settled; only as far as they are unsettled is there any hope for them. -Ralph Waldo Emerson

Difficulties are meant to rouse, not discourage. The human spirit is to grow strong by conflict. -William Ellery Channing

Adversity causes some men to break, others to break records. -William A. Ward

I think there is this about the great troubles - they teach us the art of cheerfulness; whereas the small ones cultivate the industry of discontent. -Mary Adams

http://famousquotesandauthors.com/topics/adversity_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

100 Top Money Tips From Tony Robbins That Are Always Relevant

June 11, 2024 by Virginia Anderson Edited by Chris Cluff

Entrepreneur and investor Tony Robbins is known for dishing out straightforward and actionable financial advice. Here are some of his most notable tips to reach your saving, investing and budgeting goals.

Focus on Your Money Goals

Robbins strongly believes in using the law of attraction to get what you want in all areas of life — including your finances. He says you can attract success over time by manifesting a positive attitude and mastering your money goals.

Surround Yourself With Successful People

Do you know a few people who have achieved financial success? Maybe they own their own business or plan to retire early. Talk to them and find out how they realized their goals. They can inspire you to reach your own.

Delay Rewards Until You Meet Your Goals

To truly realize financial success, you may need to make some sacrifices with the hope of better rewards in the future. Exercising willpower to forgo things you don’t need today is a skill you can develop. Use it to master your financial self-control.

Learn How To Read Basic Financial Statements

You don’t have to be an accountant or financial adviser to accumulate wealth. However, learning the basics of financial statements can help you if you decide to invest in stocks. You can use financial statements to evaluate a company’s performance and determine whether it meets your investment criteria.

Understand Common Financial Terminology

Many terms used in personal finance and investing may be unfamiliar to you. Examples include high-frequency trading, dollar-cost averaging and exchange-traded funds. Learn what they mean and how they apply to your investment strategy. Knowing the terms will allow you to understand investment news and decipher earnings reports.

6. Determine Your Risk Tolerance

Investment strategies typically fall into three categories: aggressive, moderate and conservative risk tolerance. Aggressive strategies are highly volatile, with lots of ups and downs. Conservative strategies aim for consistent, average returns. Your risk tolerance should align with your financial goals.

Set Financial Goals

Anyone who wants to achieve financial freedom needs a plan. Your financial goals form the basis of your plan. Determine what you want to achieve over the short and long term. Example goals include establishing a budget, paying off debt and creating an emergency fund.

Try SMART Goals

The SMART acronym stands for specific, measurable, achievable, relevant and time-bound. Robbins advises using SMART to set smaller milestones for your long-term goals. For instance, if you want to set up an emergency fund, you could set SMART monthly milestones to meet along the way.

Be Obsessed With Not Losing Money

Robbins notes that wealthy people hate losing money because it takes significant effort to rebuild wealth once it’s lost. Apply this rule to all your financial decisions, including your monthly budget, investments and savings goals.

Become a Learning Machine

In your quest to achieve financial success, focus on personal growth. Always be learning. Read personal finance books, listen to podcasts and read investment-related articles. As you feed your mind, you’ll open yourself up to new opportunities you didn’t know existed.

Don’t Underestimate the Power of Giving Back

To Read More: https://www.gobankingrates.com/money/financial-planning/top-money-tips-from-tony-robbins/

TNT:

CandyKisses: Kurdistan Region announces the holiday of Eid

Shafaq News / The Kurdistan Regional Government announced, on Wednesday, the suspension of official working hours, in all governorates of the region, for a week, on the occasion of Eid al-Adha.

“Official working hours in the Kurdistan Region will be suspended from next Sunday, which marks the first day of Eid al-Adha, and until Sunday next week,” government spokesman Pishua Huramani said at a press conference, attended by Shafaq News.

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

Tishwash: The acting Iranian Foreign Minister arrives in Baghdad

Acting Iranian Foreign Minister Ali Bagheri arrived Thursday morning in the capital, Baghdad, at the head of a delegation on a two-day visit, to hold talks with senior Iraqi officials.

In light of the strategic relations between Iran and Iraq, the visit will focus on expanding relations between the two countries in all fields.

Bagheri's talks in Iraq will address the common interests between the two brotherly peoples, confronting security challenges and threats, as well as the security of the region, and consultation on regional and international issues.

The visit comes while the late Iranian President Ayatollah Ebrahim Raisi was scheduled to pay a three-day visit to Iraq on May 28. link

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

Tishwash: Iraq raises its gold possessions to more than 145 tons

The World Gold Council announced on Thursday that Iraq has increased its gold holdings to reach more than 145 tons of global gold reserves.

According to the latest table issued by the Council for the month of June, viewed by Shafaq News Agency, the volume of Iraq’s gold possessions reached 145.7 tons, compared to 142.6 tons during the month of May.

The Council explained that Iraq dropped in rank to reach 31st place globally out of 100 countries listed in the table with the largest gold reserves, and this amount represents 9.8% of the rest of its other reserves.

The Council indicated that the United States of America has the largest possession of gold in the world with 8,133.5 thousand tons, followed by Germany with 3,352.9 thousand tons, then Italy with 2,451.8 thousand tons, while Suriname came at the bottom of the list with 1.2 thousand tons.

It is noteworthy that the World Gold Council is based in the United Kingdom, and includes members of the largest gold mining companies in the world, and has extensive experience and deep knowledge of the factors affecting the gold market. link

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

Tishwash: Iraq seeks to attract foreign investment by amending its laws

The Iraqi Parliamentary Investment Committee aims to amend some investment laws during the next legislative term, with the aim of attracting foreign investments and capital.

According to committee member, Dhia al-Hindi, representatives of the World Bank Group working in investment and private projects were hosted to discuss some paragraphs of laws on investment, which are considered in opposition to sustainable development in Iraq, including the investment law and the company law.

Al-Hindi explained that representatives of the World Bank cited the experiences of the Kingdom of Saudi Arabia and the United Arab Emirates, where the foreign investor in those countries has the right to own and manage the company by 100%, while his share in Iraq is limited to only 49%.

Al-Hindi called for amending some paragraphs of the law to create an attractive environment for investors and capital, noting that amending laws is within the jurisdiction of Parliament, while the laws governing the economic process remain “socialist.”

Al-Hindi stressed that the committee is continuing to amend the commercial arbitration and investment laws, and approve the industrial investment and mineral investment law.

Al-Hindi stated that the committee will address the government regarding amending some paragraphs of the investment law to be subjected to study in the State Shura Council, and then sent to Parliament.

These efforts come within the framework of Iraq's efforts to strengthen its economy and attract foreign investments, especially in light of the economic crises it is experiencing.

It is expected that the amendments to the laws will contribute to improving the investment environment in Iraq and attract more foreign investments and capital, which will contribute to the development of the Iraqi economy and create new job opportunities link

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

Mot: .. Camping can be Sooo Boring! -- What's there to Do?? -- Ooooh!