More News, Rumors and Opinions Sunday PM 6-29-2025

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Clare:  Iranian President: We are ready to start a new page in relations with neighboring Gulf countries

6/29/2025

Iranian President Masoud Pezeshkian announced on Sunday that Iran is ready to begin a new chapter in relations with the Gulf states.

 “We are ready to start a new page in relations with the Gulf states,” Masoud Pezeshkian was quoted as saying by the Iranian news agency.

Pezeshkian said that strengthening our relations with the Gulf states carries a message of peace, brotherhood, and development for the entire Islamic world, and we are ready to cooperate with the Gulf Cooperation Council, thus opening a new chapter in our relations with the Gulf states.  LINK

Clare:   #BREAKING: The Iraqi Federal Government will release May salaries for the Kurdistan Region’s civil servants this week, while the KRG is required to transfer its domestic revenues to Baghdad, a high-level source from the Kurdistan Region’s Council of Ministers told Zoom News.

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Clare:  The Central Bank concludes a course on basic standards for detecting counterfeit currency.

June 29, 2025

The Central Bank of Iraq’s Basra branch concluded the “Basic Standards for Detecting Counterfeit Currency” course. The course, organized by the Central Bank’s Banking Studies Center, lasted three days, from June 23-25, 2025.

The course was attended by 13 government and private banks from the southern governorates. It also covered key aspects related to recent developments in detecting counterfeit currency and its basic standards.

For their part, the participants praised the training courses organized by the Central Bank of Iraq for their significant impact on developing their job performance.

 Central Bank of Iraq
Media Office
June 29, 2025

https://cbi.iq/news/view/2921

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

Frank26  [Article of the budget] 12-2c the judge is holding on to it because he’s protecting the new exchange rate.  Even the gazette, two of them, are holding 12-2c.  Why? It’s the new exchange rate…This judge holds the future of Iraq’s monetary reform in his hands…

Sandy Ingram  My ex-husband retired from the Federal Reserve bank.  He and his peers have always talked down about an IQD revalue or currency adjustment…Iraq is fixing these flaws…for global inclusion …Countries and International banks didn’t trust doing business with Iraq.  Now Iraq’s central bank is working to fix these problems.  They’re updating their  systems…If Iraq continues on this path it has the potential to fully integrate into the global banking system…Now we know shy bankers said the IQD would never revalue.  It looks like Iraq is plugging the holes and there will be sufficient economic gains for a higher currency value.

CEO Called $3,300 Gold, Predicts $5,000 Next | Morgan Lekstrom

David Lin:  6-29-2025

Morgan Lekstrom, CEO of NexMetals, discusses the global debt crisis and the future of gold and critical metals in light of geopolitical tensions and economic uncertainties.

0:00 – Intro.

 0:53 – Previous gold predictions

2:33 – Geopolitics and markets

 6:04 – Gold forecast

7:54 – Catalysts for upside

9:53 – Iran

13:28 – Other market hedges and Bitcoin

17:14 – Debt cycle 23:26 – Hodling comparisons

26:42 – Gold miners 28:14 – NexMetals

30:09 – Rebrand and market drivers

 31:55 – Trade war and China

33:55 – Copper shortage and mines

37:25 – New mines timeline

39:10 – Botswana mine

https://www.youtube-nocookie.com/embed/2srkaecReMs?feature=oembed&enablejsapi=1