Goldilocks Global Banking News, presented by Freedom Fighter, highlights the worldwide rollout of Basel III banking standards and how several nations are restructuring their financial systems to strengthen currencies with gold and other tangible assets.
🔑 Key Highlights
🏦 Basel III Framework Basel III is an international banking standard designed to improve transparency, reduce financial risk, and prevent crises like the 2008 collapse. It focuses on stronger reserves and asset-backed stability.
🇮🇶 Iraq Iraq is executing a 2024–2026 strategic reform plan to strengthen the Iraqi dinar through banking modernization, legal audits, and cooperation with global advisory firm Oliver Wyman.
🇻🇳 Vietnam Vietnam is in a transition phase, voluntarily adopting Basel III measures while improving asset reporting. Reports suggest the Vietnamese dong is being supported by gold and silver reserves.
🇮🇩 Indonesia Indonesia is actively implementing Basel III reforms, including stronger monitoring of foreign exchange fluctuations and improved banking controls.
💸 Global Liquidity Event A major liquidity cycle is anticipated where assets such as real estate, stocks, and foreign currencies could be converted into cash more efficiently under the new system.
💱 Currency Market Impact Increased liquidity may lead to major forex shifts, potentially lowering dependence on the U.S. dollar while boosting other currencies.
🌍 International Oversight The transformation is said to be monitored by:
IMF
Bank for International Settlements (BIS)
World Bank
U.S. Treasury
📈 Reports mention positive movement in 137 currencies, signaling broader global adjustments.
📌 Overall Outlook
The adoption of Basel III by countries like Iraq, Vietnam, and Indonesia reflects a move toward a more stable, asset-backed global banking system. If successful, these reforms could reshape currency valuations and international finance in the years ahead.
Bruce’s Big Call Dinar Intel Thursday Night 4-30-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Recaps Note: We do not post religious or political topics - Bruce’s call tonight contained a lot of political views so intel was limited - below is a transcription of what could be posted and further down is the conference call replay link where you can listen to the entire call -
Welcome everybody the big call tonight. it's Thursday, April 30th and you're listening to the big call. Thanks everybody for tuning in once again. We’re rocking and rolling with this thing tonight. So, got some interesting information to give you guys tonight, and look forward to that. So let’s delve into where we are from an Intel point of view.
Let's start with the cryptocurrency bill or act that is still lodged in the Senate. Now, we had been told that it was passed. We had been told there was an executive order for it, and then it's a done deal --
At this point, I don't think that's the case. I don't think it's done deal, except that President Trump did a signing of certain executive order or orders today at 2pm Eastern. It was not open to the press.
Yet another meeting at three. And I think it was like a well, it's hard to say what the meeting, who the meeting was involving. We had one at three and one at four o'clock in the afternoon today, so one in three, one in four, and then the signing of this executive order, or executive orders, was at two o'clock, but not covered by the press, on purpose, was closed to the press.
Now, what in the world did he sign? I don't know.
What did he sign? I don't know. Maybe, maybe there was some kind of override for the clarity Act, which is the crypto currency act, right? There's several things that have gone through or in the process of going through in Congress, but I have to tell you, President Trump was, I'm going to say it in a nice way, highly ticked off.
Now, when is all of this going to be settled?
What we're hearing is, I'll start with our new timeline, starting tomorrow, the first of May, the QFs system is to be fully integrated.
Accounts are completely integrated on the quantum financial system. We thought that a couple of weeks ago, because I remember saying it on the big call, finalized. But what makes it all they first what else I'm being told that even though this clarity Act has not officially passed through through the Senate today, that it should be done by Monday,
and that we would be getting our 800 numbers sometime between today and Monday would be the fourth, I believe, May everything let's just call it early May.
We have a new prime minister, not sudani for Iraq. And try to think of how his name is pronounced. It's Ali - Al something I don't want to miss I don't want to miss it. I'm not a guy, but he is probably and picked, and we might have had something to do to hand pick him to be in that position.
He is already in place, even if you don't see him, see the debt. And we should have new rates on not only dinar, but all of the other currencies Sunday night, when the Forex comes back up, and we should have those reflected Monday, which is the fourth of May
So did we get pushed another week? Didn't happen this week, and I sure hope that everything is on tap, that we get this clarity act on, even if President Trump has to override it with an executive order.
Maybe something along those lines were signed today at two o'clock. I don't know. It wasn't designed to be put out. Press did attend? They were not allowed to attend.
We'll see what we'll find out at some point, we'll find out
Everybody, have a great week, and we will talk you Tuesday night call. Don't forget email, managing the last day of the sale tomorrow on those two specific sales and Boomers, God bless you guys. Thank you for tuning in again, and we will see you on Tuesday night.
What UAE did with OPEC and what Iraq is about to do along with Iran are not separate incidents but a coordinated progression towards a unified goal for currency revaluation.
Especially after the IMF report that came out requesting that Iraq support their national currency with gold.
(May 1st is shaping up to be a huge historical day for multiple countries.) ... Revaluation Support: A gold-backed dinar can hold a much higher exchange rate without collapsing back down.
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Foreign investors buy local bonds → they need local currency to settle→central bank prints or releases more local units → supply/demand imbalance pushes the currency stronger in the short-to-medium term.
This is textbook revaluation pressure, not fantasy. Vietnam is running this playbook right now. They are flooding international markets with bonds, strong in capital, and watching the Dong strengthen as money floods in. This is not random. It’s coordinated...
Iraq is under the exact same mechanics...When Iraq sells sovereign or reconstruction bonds internationally (already happening quietly through backchannels), foreign capital pours in, forces dinar demand, and compresses any remaining resistance to a strong, tradable rate...
LAUNCH OF THE “MERCHANT PLATFORM” IN IRAQ: A DIGITAL STEP TO SUPPORT THE ECONOMY AND DIVERSIFY TRADE
The Prime Minister’s economic advisor, Mazhar Muhammad Saleh, confirmed on Thursday that the electronic merchant platform represents a real test of Iraq’s ability to turn economic ambition into reality, while noting that Iraq is witnessing a remarkable expansion in its trade partnerships.
Saleh said in a press statement that “in a step that reflects a serious trend towards modernizing the economic structure, Iraq announced the launch of the electronic (Trader Platform) and the activation of automation procedures, within a strategic path aimed at facilitating trade and enhancing our country’s integration into the regional and international economy.”
He explained that “(the Merchant Platform) does not merely represent administrative development and high-level governance in transparency, accountability and participation, but rather indicates a qualitative shift in the philosophy of managing the economy, from the traditional pattern based on complexity and bureaucracy, to a more efficient digital model that keeps pace with the requirements of modern market systems that are explicitly stipulated in the constitution.”
He pointed out that “the electronic platform (the merchant platform) is a pivotal tool for empowering the private sector and advancing it institutionally, as it provides an integrated electronic environment for issuing import and export licenses, adopting the (one-stop shop) system for registering companies, in addition to providing banking facilities and loans that support commercial activities, which would reduce time and costs, stimulate investment, open the door to a wider segment of entrepreneurs and improve market climate standards in accordance with the global requirements of the World Trade Organization, the World Bank and other international partners.”
He added, “This step coincides with positive economic indicators, as Iraq continued to record growth in the volume of its foreign trade, which exceeded $65 billion, with a remarkable trade surplus driven by the rise in oil exports in the past few years. This performance also contributed to strengthening Iraq’s position among Arab and global economies, reflecting promising potential if it is properly invested.”
He pointed out that “the real challenge lies not in the size of the numbers, but rather in their nature, as exports still depend almost entirely on oil, which makes the economy vulnerable to the fluctuations of global markets. This is where the importance of the ‘Trader Platform’ comes in as a means to support the diversification of the economy, by facilitating non-oil trade and encouraging local production.”
On the regional relations front, Saleh affirmed that “Iraq is witnessing a remarkable expansion in its trade partnerships, whether with Arab countries or neighboring countries, indicating the restoration of its role as an active economic center. This trend is reinforced by the (Development Road) project, which is expected to transform the country into a strategic hub for transport and trade, linking the Gulf, Turkey, and Europe.” He explained that “the relevant official bodies are committed to the success of these projects with precision and to ensuring their actual implementation, providing a stable legal and regulatory environment, in addition to combating bureaucracy and removing obstacles to any real economic reform.”
He pointed out that “digital transformation in the trade sector is not a luxury option, but an inevitable necessity in a world that is rapidly moving towards a digital economy. If this step is properly invested, Iraq has a real opportunity to move from a rentier economy to a diversified economy that is more sustainable and competitive.”
He concluded by saying: “The (Trader Platform) represents a serious test of Iraq’s ability to translate its economic ambitions into tangible reality. It will either be a gateway to a modern economy, or it will remain just a promising project added to the list of incomplete opportunities.”
Omar You need a fully seated government in order to even consider a new exchange rate.
USA Trump congratulated Zaidi and gave him his full support. He even invited the new prime minister to come to Washington DC once the government is completed. They had a very good call.
FRANK:Trump is working with your guy because your guy is working with Trump. This is what we need, security and stability.
OMAR : The new candidate for prime minister just spoke on the television. He's saying he is eager and willing to work with all political forces inside...Iraq and
looking forward to meeting the demands of the citizens and he is going to continue the monetary reform.
FRANK: Wow! I am excited...because we know the demands of the Iraqi citizens. They want purchasing power. They want the CBI to release the new exchange rate...
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OMAR: The television news just announced that both Iran and the United States are giving them the green light to the new prime minister.
FRANK:It's the United States is the one that put him there. It is Iran that is accepting him.
Omar:Zaidi is the candidate for the prime minister picked by the Coordinated Framework. Turns out he is a compromise...USA seem to be ok because he doesn't have any direct ties to Iran... Everybody can tolerate didn't actually everybody love. He has 30 days to pick his cabinet...and only then the parliament vote on the whole team as a package...
FRANK:Next thing is your government will be formed. Everything else should follow in place after those 30 days which leads to a new exchange rate...