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Here's some articles of GCR interests... Trump: He who has the gold makes the rules. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: He Who Has The Gold Makes The Rules. ARTICLE: The President of the United States said this today: “He who has the gold makes the rules.” Nothing to see here… The world is undergoing a transformational moment - something I have spent years covering. • Treasuries selling off. • Global trade changing. • Strategic relationships breaking down. The list goes on. Many are watching in disbelief. The Dow is down 800 points. The Dollar is under pressure. Gold has smashed through $3400. The President of the United States has called the chairman of the Federal Reserve a loser. What a time to be alive. The Dollar is getting crushed. And yet, Dollar bulls are acting like contrarians while hyping the world’s reserve currency. Seriously? When the music played loud, they all laughed & had condescending attitudes toward gold people. The USD has lost over 40% of its purchasing power compared to gold in the 1 year. This should be the biggest story in the world, yet it is not. This tells you everything. The world is relearning the meaning of money. Life doesn’t teach through lectures, only consequences. BREAKING NEWS: CHINA CENTRAL BANK URGES STATE-OWNED BUSINESSES TO PRIORITISE YUAN IN OVERSEAS EXPANSION. Again, the wiring of the financial system is slowly changing. “The PBOC said it will strengthen the construction of Cross-Border Interbank Payment System.” Gold Soars Past $3400 As Stocks Plummet. ARTICLE: Mario Innecco discusses the recent surge in gold prices, attributing it to ongoing global currency debasement and long-term inflationary policies by central banks. He highlights the accumulation of physical gold by sovereign nations & central banks as a signal of a potential monetary realignment, possibly involving gold's return to the global financial system. Innecco also emphasizes the declining credibility of fiat currencies & the Dollar Index as misleading, noting that all fiat currencies are weakening relative to gold. He suggests that the Dow-to-gold ratio could return to 1:1, reflecting a major shift in financial markets similar to past historical resets. Finally, Innecco advises patience & continued accumulation of gold & silver, warning that pullbacks may be brief & sharp as fear eventually drives more investors into hard assets. Gold Futures Break $3,500 In Overnight Trading. The stunning Asian gold rally continued again last night, with the futures breaking the $3,500 level & reaching as high as $3,509 before selling off into Tuesday morning trading. Vince Lanci looks at the historic move & digs into what the charts are suggesting as well. "The Real Price of Gold is $40.000." VIDEO. Google keywords in title to bring up video.

Here's some articles of Dinarian interests... Direct From The SANDBOX Report. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: Iraqi Gold Reserves. ARTICLE: Mohammed Sharif Abu Maysam: amid the ongoing tensions in the world & the Middle East, purchasing gold is among the most important options for diversifying monetary reserves. This is crucial to counteracting political fluctuations that directly & indirectly impact the economy & the inflationary situation, which impacts overall market prices, including exchange rates & the prices of goods & services. This is a key element in ensuring a significant national security instrument. Gold is economically known as a safe haven against the volatility of currencies & prices in energy and other commodity markets under complex circumstances. Accordingly, the components of monetary policy in our country (which was & still is under the influence of int'l & regional factors & variables, in addition to a set of internal data & speculation that is constantly returning to the forefront to have a significant impact on market movement & monetary stability) are in dire need of diversifying reserves and increasing their savings in gold, which is distinguished from other reserves by its ability to maintain its material value under various circumstances. The CBI recent announcement that Iraq possesses one of the highest gold reserves among Arab countries, at 162 tons, had a positive impact on observers & the general public. It had a positive impact on public opinion on the street, increasing the confidence of the banking public & those following monetary policy. This, in turn, establishes a public opinion that trusts the local currency & the national economy. It is well established that gold has an advantage when compared to paper currency, which has no fixed assets. This gives the national economy a high degree of stability & reliability, even in the event of shocks resulting from changes or decisions issued by international bodies that attempt to link the Iraqi economy to their own decisions. The greater the gold reserve compared to cash reserves (which are supposed to be diversified), the greater the ability of the person in charge of monetary policy to ward off any risks that may befall the economy, while also activating the role of other real sectors and increasing their contribution to the gross domestic product. In the context of our ambitions, we hope that Iraq will occupy a prominent position on the list of countries with rising gold reserves. This position not only provides monetary policymakers with flexibility in decision-making, but also contributes to providing the overall economy with a buffer against anticipated economic problems amid the fluctuations witnessed in our region & the world. It also strengthens national security, which is linked to economic security. Government Banking Reforms & Their Role In Bypassing Sanctions. A Banking Researcher Explains. The Iraqi government, in cooperation with the CBI, has prepared a plan of (3) main objectives in cooperation with an American consulting company, (Olver & Amin), to reform and modernize the banking sector, with the aim of enhancing the protection of depositors & creditors & improving confidence in the sector, after difficulties related to the transfer of funds & American restrictions. After the sanctions, the term “messaging accounts” emerged. Mustafa Hantoush, an expert in financial & banking affairs, confirms that private banks have faced major problems, most notably US sanctions, which necessitated a detailed study to change the situation affecting these banks. Speaking to the Iraq Observer, Hantoush said, “Regarding the private banking sector, which has faced problems over the past three years related to US sanctions, the term ‘correspondent accounts’ emerged as Iraqi banks faced operational disruptions & the state attempted to address the situation in collaboration with an American consulting firm called Oliver & Amin.” He added, "The American firm Oliver & Amin conducted studies on sanctioned Iraqi banks over a five-month period & submitted a three-point report, the 1st of which is that companies with real capital can develop themselves & circumvent sanctions by opening future accounts with JPMorgan." He continued, "While there are private banks that lack the necessary capabilities, they are merging with int'l banks, which is a step available to them." He added, "Regarding the 3rd point, which concerns banks facing liquidity problems, they may face collapse & exit the sector." He pointed out that “the steps to amend (government banks) have begun to accelerate towards the step of establishing Rafidain & Rashid Banks, but the special nature of these banks remains that they have large int'l obligations, including those related to debts during the Iran-Iraq war. However, at the same time, a huge bank will be formed through these banks, stronger than the TBI & it will be the hand of the new state to enter into banking operations.” The person in charge of financial & banking affairs stated that "the government established the First Rafidain Bank, which contributes 24% to the state & 76% to the private sector." PM Mohammed Shia al-Sudani had previously sponsored the Iraqi Banking Sector Reform Conference, emphasizing that the government assumed responsibility amid a complex economic climate that required measures to achieve stability & ensure growth. He pointed to the achievements made in the financial, banking & economic sectors, which represented positive steps toward establishing a solid foundation for development & investing in stability. The CBI Concludes Its Session On The Basel Committee's Decisions. The Banking Studies Center at the CBI concluded its course on the Basel Committee’s decisions & the Self-Assessment of Capital Adequacy A (ICAAP) in accordance with the 2nd pillar of Basel (3) decisions. (53) trainees from the departments of Finance, Risk, Internal Audit, Credit, and Compliance in a number of Iraqi banks participated in the course. The training program for the participants included a complete vision of the Basel Committee’s decisions (3), especially the 2nd pillar of those decisions related to the self-assessment of capital adequacy, as well as identifying the practices related to calculating (ICAAP) to reach an understanding of the skills of assessing capital adequacy. CBI Media Office. Nour Najah Abdullah Given The Economic Challenges Facing The Country, Tax Reform Is At The Top Of Government Policy Priorities. It is a crucial step toward reducing reliance on oil revenues, which continue to constitute the backbone of the General Budget. Although tax revenues in Iraq do not exceed 1 to 2 percent of GDP—a low figure compared to int'l standards—there is broad consensus among experts on the need to move forward with comprehensive & radical reforms that will contribute to building a fair, effective & balanced tax system. Financial and economic experts believe that the starting point for reform is to expand the tax base to include all economic activities, whether in the formal or informal sector, while ensuring that the liberal professions & the service and commercial sectors contribute to the public treasury. This requires a comprehensive update of taxpayer records, through the creation of an accurate central database encompassing individuals, companies, & institutions, enabling the tracking of income & the accurate and transparent assessment of tax liabilities. Experts stress the importance of adopting a progressive tax system that imposes higher rates on high-income & large-profit individuals, while granting tax exemptions or reductions to low-income families & individuals. This is intended to achieve social justice & reduce the economic gap between social classes. Amending Income Tax Law No. 113 of 1982 is also urgent, given its outdated provisions & their failure to keep pace with the economic & financial transformations that Iraq has witnessed over the past decades. Speaking to Al-Sabah, economic expert Nabil Jabbar Al-Tamimi argues that true reform can only be achieved through a radical change in the legislative & institutional structure. He calls for rewriting tax laws to align with the nature of the contemporary Iraqi economic system & for the establishment of a new authority built from scratch and managed by young cadres who have never worked within the traditional tax system, but rather possess academic qualifications & experience in global tax systems. Al-Tamimi also emphasizes the need to fully automate the system & utilize technology in all aspects of the process, from assessment to collection, to enhance efficiency & transparency & reduce the opportunities for manipulation & corruption. For his part, economic expert Ziad Al-Hashemi told Al-Sabah that the most prominent challenges facing the tax system in Iraq are the outdated legislation & administrative mechanisms in place, which have led to weak tax coverage & declining collection efficiency. He believes that modernizing the system requires simplifying procedures, increasing the efficiency of staff, developing internal oversight tools & enhancing transparency in the relationship between citizens & the state, which will reduce tax evasion rates & increase voluntary compliance. Financial expert Safwan Qusay points out that tax justice cannot be achieved without accurately digitizing & documenting income across various sectors, including agriculture, trade & services, while raising exemption limits for individuals & poor families to protect them from the negative effects of the reform. He suggests tracking the bank accounts of companies and individuals to verify sources of income & spending patterns, which would contribute to building a clear picture of taxpayers' financial solvency. In a statement to Al-Sabah, he called for linking the tax to citizens' desires for public spending, so that a percentage of it would be directed to specific sectors such as education or health, based on the taxpayer's choices. This would enhance community oversight & confidence in the effectiveness of the tax system. In contrast, Mazhar Mohammed Saleh, the Prime Minister's advisor for financial affairs, confirms that the government has already launched eight tax reform packages, the most important of which are the introduction of new segments of market forces that previously evaded taxes & the adoption of electronic collection to reduce friction between citizens & employees. Saleh compares Iraq to countries like Denmark, where income tax amounts to approximately 46 percent of GDP. This explains the ability of those countries to fund high-quality education, health & social security. In Iraq, this percentage does not exceed 2 percent, reflecting the fragility of the tax base & the continued overreliance on oil revenues. Saleh points out that the government's program aims to increase non-oil revenues to 20 percent of total public revenues in the near future, up from the current rate of only about 7 percent. This will be achieved by expanding the taxable population, adopting modern technological systems & amending legislation, including the Income & Property Tax Law, which has not been updated in more than four decades. Despite the clarity of the reform vision and the multitude of initiatives, challenges remain, most notably the lack of trust in tax institutions, the inadequacy of technical infrastructure, & the absence of a culture of voluntary compliance among broad segments of society. Furthermore, there is a lack of good governance in directing tax revenues toward development spending. Observers believe that success in this vital issue will only be achieved through strong political will, profound administrative reform & an effective partnership with the private sector & civil society to build a modern and fair tax system that keeps pace with Iraq's aspirations for development & economic stability.

Here's some articles of Dinarian interests... Direct From The SANDBOX Report. -The importance Of Gold Trade To Support The Current Account Of balance Of Payments. -Gold Localization. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: A Government Advisor Stresses The Importance Of Gold Trade To Support The Current Account Of The Balance Of Payments. ARTICLE: A government advisor stressed the importance of gold trade to support the current account of the balance of payments. "The adoption of advanced industrial protection policies will positively reflect on the quality of the national gold product & the stability of its prices." He pointed out that "this step will enhance the protection of one of the most important pillars of the national & family economy, with a direct & positive impact on the current account of the balance of payments." Saleh explained that "the organization of the import of non-manufactured gold & its re-export will contribute to achieving an added value to the national economy," stressing "the importance of careful supervision from the competent authorities to ensure the inventory of the gold movement within the framework of an economically organized trade, with high return & rational governance." The Industrial Coordination Council had approved at its meeting the day before yesterday, Sunday, the resettlement of the precious metal industry gold & jewelry, in addition to cosmetic products, while directing to provide all the necessary facilities for those wishing to establish their factories & submit documents to the central bank that provide the value of the external quantity & return the quantity yet complete its manufacturing for the country, with observation from the central bank. -Gold Localization. Yasser Al –Mitwalli: The government decision to localize the gold & precious metals industry is of great importance, as an important economic decisions, to consider gold, the pillar of the guarantee of the economy of any country of the collapses that may occur in periodic financial crises & for causes of them naturally during periods of the economic cycle & other political, as well as wars & others. This decision comes consistent with what I dealt with in two previous articles published here in the "Al-Sabah" economy, as the 1st was titled (The forgotten wealth), in December 2024 & the 2nd article was titled (Hedging with Gold a Safe Investment), in a month March of the same year (2024). I was alerted to them the importance of taking advantage of global experiences in investing gold as an effective way to diversify sources of income & wealth & as a safe alternative to the monetary reserve represented by the Dollar, in order to avoid sanctions imposed by the American federalism on the countries, because it is the owner of the Dollar currency & there are many evidence & close to many of countries. This wealth has become forgotten & its page is folded after the world turned into a lack of evaluation of its currencies the size of its gold & perhaps what brought back to mind the truth of the importance of this forgotten wealth (gold), the economic sanctions that some countries have been imposed by imposed by the great countries for various reasons, with the sanctions body Economic & many examples available soon & not far from our current reality. The nearest example that can be remembered is the embarrassing economic sanctions of Venezuela, which prevented the availability of what blocks the livelihood of its people, forcing its government to refer to the wealth of gold & act by selling it in order to confront the economic blockade that was imposed on it. The expectations of economists also indicate that Russia may have to sell its gold reserves, as the last option in the face of US sanctions, if long. This image became clear with the prolongation of the Russian-Ukrainian war, with the escalation of the ceiling of US-European sanctions on Russia & Russia is also putting this possibility as the last option after the elements of confronting the siege & sanctions are exhausted. Accordingly, it seems that the Iraqi government is trying to benefit from these bitter experiences & therefore it decided to give the gold a priority to pay attention by localizing its industry & supporting workers in this sector as an optimal option. The government's awareness of the importance of gold reserves as a guaranteed reserves in the face of emergency & critical conditions makes it offered this sector a great importance in the future. It is useful to note that Iraq occupies an advanced rank in the cash gold reserves, as it is the 4th Arab & thirty globally & by 152 tons of cash gold. Perhaps the endeavor of the CBI to increase the volume of Iraq's gold reserves reflects its importance in the balance & durability of the country's economy. The new government initiative in localizing the gold industry will contribute to encouraging citizens to invest in gold, & restore the idea of its acquisition of decoration & saving when needed, as this decision will achieve economic feasibility by maintaining gold from exporting it abroad, providing difficult currencies as a result of imports & providing job opportunities For unemployed youth in this profitable profession. The next important step is that it is necessary to adapt and amend the laws & procedures necessary to facilitate the birth of this important industry in attracting capital, whether internal or external, which has priority to attract investors to invest in a safe & profit field.

Here's an article of Dinarian interests... A fixed rate of gold. Treat as a rumor. Not verified. Your opine. Goldilocks via OOM: Something Is About To Hit The Fan. ARTICLE: In April we have job reports coming in low along with oil contract failures, bank failures, Vanguard pulling out of China & much more. We are going to witness our markets finally move into real values. This is the phase of the reset where mountains will move. This will allow the adoption of a standardized process to begin with the digital currency world attached to a fixed rate of gold.

Luigi found this article of denarian interests... This article has mostly gone unnoticed with all that's going on. Did Trump quietly, without fan fair, announce the new Gold Standard? Treat as a rumor. Not varafied. Your opine. 'Gold is the Standard' -- Sierra (NZ) June 25, 2020...A cryptic text from Trump Vegas Hotel today will get currency exchangers buzzing with excitement... 'Gold is the standard but silver linings are pretty good too.' President Trump said the word 'gold' yesterday when he related a story about a man carrying satchels into a DOJ meeting. President Trump said, 'He had lots of gold in those satchels. We caught them...'. Check it out in this KarliQ tweet... In the case of the gold in the satchels, and 'We caught them...' it could also be connected to Deep State arrests and the confiscation of their assets as represented by the word 'gold'. When it comes to President Trump, the Alliance & Q there are often multiple meanings. President Trump is sending plenty of signals about the incoming financial reforms - including the RV and Gold Standard - for those of us with ears to hear and eyes to see. We are ready and waiting, Sir. Currency at the ready... In other news, the Federal Appeals Court ordered Judge Sullivan to dismiss the case against General Flynn. Check the details in this tweet montage by Lisa Mei Crowley...

Luigi says... Treat as a Bruce rumor. Not varafied. Your opine. 18/10/2018 Bruce The Goose... Our USD is also now gold backed and we call it USTN, United States Treasury Note. Every few people call it that. Most people call it USN. I been told the new term is on this call is United States Treasury Note, USTN. We heard as a result of what Neil Kennan did as a result of his announcement today that real money which I take to mean real gold back USTN money started flowing out of Big Reno, out west today at about 2:30 EST . That would have been before lunchtime out west. What Neil did which is 4am EST overnight, he signed off all the paperwork that gave him the responsibility to take over as Trustee over all these gold assets. Then today at 3:08:19 EST he did an announcement that explained sort of what he was doing and what it meant for the world in the assets back currencies.

this latest just in... The US is officially on the Gold Standard as of 1 Aug 2018. President Trump: Replace Dollar With Gold As Global Currency | IQD Dinar Currency Exchange RV.

1-8-2016 Newshound/Intel Guru BGG ...if they are willing to GIVE UP GOLD from their reserves... for IQD - that means they are "buying" - they must think it has VALUE... This is the CBI mind you. the basic premise is this - the CBI is willing to trade GOLD for IQD...that only says one thing to me. 1-8-2016 Newshound Guru wmawhite Quote: "Central banks are buying gold coins called gold and confirms the arrival of the 100 dinar coin" ...this new CBI announcement appears to be straight forward and is in keeping with what they said they would do four weeks ago. At that time the CBI stated that 70% of all of the currency that is out in Iraq was being kept by individual citizens and that they (CBI) had plans to draw that currency into the banks. Well, here it is. However, what is more amazing is what appears to be the placing of a value upon the individual dinar based upon a world accept value of gold. If the translation is correct the CBI is stating that they are selling 15 and 25 gram coins for 100 IQD and 250 IQD. The current spot price of gold is $1,100 per ounce. 25 grams is .77 oz. .77 of $1,100 is $847. Divide $847 by the 250 IQD and you have an equal value of $3.38 per IQD. Interesting that the CBI would offer an accepted asset of great value for a currency of less value UNLESS the value is in the process of changing.