๐ “Iraq Reveals Gold Reserves Amid Global Currency War ๐๐ฐ”
Al-Sudani’s Advisor Explains the Surge in Gold Prices – 10/14/2025
๐ฅ Key Highlights:
๐ธ Gold Breaks $4,000/oz: Mazhar Mohammed Salih, advisor to PM Al-Sudani, confirms a “violent cycle” of gold-led strategic asset shifts globally.
๐ธ Iraq Holds Strong: ๐ฎ๐ถ Iraq has allocated 15% of its foreign reserves into gold, calling it a “good diversification strategy” during global currency instability.
๐ธ Why Gold is Surging:
๐ Geopolitical tension (Ukraine, Middle East, Taiwan) = Risk aversion
๐ Declining trust in the US dollar due to sanctions, massive debt, and politicization
๐ก️ Gold = Safe Haven Asset in uncertain times
๐ธ China’s Gold Play:
๐จ๐ณ China bought 300+ tons of gold via the Shanghai Stock Exchange in 2024
Strategy: Push the gold-backed yuan into the global currency club
Result? ๐ Currency war is heating up between the U.S. and China
๐ธ The Bigger Picture:
Gold is no longer treated like a simple commodity. It’s becoming a parallel reserve currency, signaling a major post-dollar shift in global monetary policy.
๐ธ Gold Prices in Iraq Today:
๐ก Baghdad:
21k gold = 820,000 IQD per mithqal
Iraqi gold = 780,000 – 790,000 IQD
๐ก Erbil:
21k = 833,000 IQD
18k = 715,000 IQD
๐ฌ Salih concludes:
“This gold rush is the beginning of a currency war. China is accelerating its global currency ambitions, and gold is its weapon.”
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๐ช Is gold replacing the dollar? Is the dinar next in line for a big revaluation?
Stay tuned… the financial system may be shifting right in front of us. ๐๐
#GoldSurge #IraqGold #DinarUpdate #CurrencyReset #BRICS #ChinaVsDollar #MarkZLive