Kujer: Iraq's gold and currency reserves are "good" and ensure economic stability
MP Jamal Kojar confirmed that the fluctuation of gold prices towards an upward trend does not directly affect the government's economic and financial situation, noting that the impact falls directly on citizens.
Kujer told Al-Furat News Agency that the speculation carried out by traders who deal in gold directly affects the individual, indicating that the Iraqi bank's gold reserves are positive and can contribute to supporting economic stability.
He added that "the bank's foreign currency reserves are very good, which puts the country's financial situation in safe hands from fluctuations."
Gold prices in Iraq have witnessed a significant increase over the past several months, particularly since the beginning of 2026, driven by a global surge that pushed the precious metal above one million dinars per mithqal in local markets. Despite some recent slight declines due to momentary fluctuations, the overall trend remains one of sustained upward movement, fueled by global and local economic and geopolitical factors.
According to economic experts, the main reasons for the rise are due to several factors, including global ones, where the rise is mainly due to increased demand for gold as a safe haven in light of economic uncertainty and global geopolitical tensions.
The continued strengthening of gold reserves by central banks, including the Central Bank of Iraq, as Iraq has repeatedly increased its holdings to support the stability of the national currency, in addition to the contribution of the weakness of the US dollar and expectations of interest rate cuts by the Federal Reserve, has increased the global attractiveness of gold, which has been directly reflected in the Iraqi market.
Locally, gold prices have been affected by the rising cost of living and the fluctuating exchange rate of the dollar against the dinar, which has prompted citizens to acquire gold as a financial hedge. link
Jeff recently highlighted the uncertainty around the potential Iran–U.S. situation, noting:
“We don’t know if that’s a factor in this [rate change]. It might be, it might not be.”
Current reports, including the article “The US ready to use 'full range of tools' to counter Iran's destabilizing activities in Iraq”, suggest that regional tensions may indeed be affecting financial decisions and the timing of currency rate changes.
For investors, this illustrates how geopolitical stability—or instability—directly impacts monetary reform timelines.
Ramadan and Currency Decisions: Fact vs. Myth
A common community comment is:
“They’re not going to do anything important during Ramadan.”
While intuitive, history shows this is not always true. Consider Kuwait, which performed a major currency revaluation during Ramadan in 1991:
Ramadan started March 17, 1991
Currency revaluation occurred March 24, 1991
This demonstrates that financial decisions, even major ones, can and do happen during religious periods. Historical examples matter for context and accuracy.
Why This Matters for Investors
Geopolitics Affects Currency Timing
U.S.–Iran relations influence stability in Iraq.
Currency rate changes may be delayed due to regional tensions.
Historical Context Offers Guidance
Past actions, such as Kuwait’s revaluation, show that religious periods don’t prevent monetary decisions.
Stay Informed, Not Speculative
Focus on verified news sources, official banking updates, and central bank announcements.
Avoid assuming timelines based solely on religious observances.
Potential U.S.–Iran tensions and regional instability in Iraq may be factors delaying currency rate changes, according to recent reports.
Can Financial Changes Happen During Ramadan?
Yes. Historical examples, such as Kuwait’s currency revaluation in 1991, occurred during Ramadan, disproving the assumption that financial events are avoided during religious periods.
Q&A Section
Q1: Is Iran the main reason for the delay in rate changes?
It may be a factor, but the exact cause is not publicly confirmed. U.S.–Iran tensions are likely influencing the situation.
Q2: Can currency changes occur during Ramadan?
Yes. Kuwait’s 1991 currency revaluation occurred during Ramadan, showing it is possible.
Q3: Should investors panic?
No. Focus on verified information and historical context rather than speculation or assumptions.
Q4: What should investors watch?
Regional stability reports
Central bank announcements
Verified geopolitical news
Strategic Takeaway
Timing for rate changes is influenced by multiple factors:
Geopolitical tensions (U.S. & Iran)
Security in Iraq
Historical precedents, not assumptions
Investors should rely on verified information, monitor regional developments, and be cautious about speculation during sensitive periods.
The potential looming Iran war between the US and Iran, we don't know if that's a factor in this [rate change]. It might be, it might not be. We don't know.
Article: "The US ready to use 'full range of tools' to counter Iran's destabilizing activities in Iraq" That right there is most likely the reason why we have not seen the rate change yet.
Community Comment: "They're not going to do anything important during Ramadan."
The country of Kuwait did perform their currency reinstatement during the religious celebratory period of Ramadan in 1991. Kuwait did their currency revaluation on March 24th during their Ramadan period which started on March 17, 1991...So your statement is completely incorrect...When people are incorrect, we will take the time to help you get correct. That's what this is about.
TRUMP: WE ARE WAITING FOR THE APPOINTMENT OF A NEW PRIME MINISTER IN IRAQ AND WE HAVE SOME OPTIONS
US President Donald Trump confirmed on Friday that his country is waiting for the appointment of a new prime minister in Iraq, noting that Washington is considering this file and has “some options.”
“We are looking forward to a prime minister for Iraq, and we have some ideas about that,” Trump added in press statements, stressing that “in the end, everyone needs us.”
In a related context, Trump touched on the file of tension with Iran, noting that “if an agreement is reached with it, the US aircraft carriers in the region will leave soon.”
Trump’s statements come amid accelerated regional political developments, related to the future of the US military presence in the region, relations with Tehran, as well as the political scene in Baghdad.
Timing the Global Reset: A Conversation on Wealth, Faith & Financial Preparedness
In a recent podcast, Jon Dowling sat down with Randy Robinson to explore what many are calling the Global Reset— a sweeping transformation of the financial, spiritual, and societal order.
Their conversation went beyond economics. It framed the reset as both:
💰 A wealth transfer
🙏 A soul transfer
According to Robinson, the world may be entering a period where financial systems and spiritual allegiances are shifting simultaneously.
What Is the “Global Reset” According to This Discussion?
The reset is described as:
A restructuring of global financial systems
A potential collapse or transformation of fiat currencies
A move toward digital, blockchain-based economies
A spiritually significant period tied to biblical prophecy
The discussion blends financial analysis with end-times theology,
suggesting that global economic instability may coincide with prophetic events described in scripture.
Wealth Transfer: Financial Shift or Spiritual Test?
Robinson characterizes the reset as more than an economic adjustment.
It is presented as:
A redistribution of wealth
A realignment of influence
A testing period for faith communities
While many believers prepare spiritually for end-time prophecy, the speakers argue that fewer are preparing financially.
Their message: Spiritual readiness must be matched with practical wisdom.
The Role of Precious Metals & Cryptocurrencies
A major focus of the conversation centered on financial preparation.
🥈 Gold & Silver
Precious metals were emphasized as:
Tangible stores of value
Historical hedges against fiat collapse
Insurance during monetary instability
₿ Cryptocurrency & Blockchain
Digital assets were described as:
Tools of decentralization
Alternatives to traditional banking
Potential pillars of a future economic system
However, the conversation also warned that emerging technologies like blockchain and AI could enable more centralized financial control, depending on implementation.
Fiat Currency Collapse: Warning or Possibility?
A key theme was the potential weakening of fiat currency systems.
Concerns discussed included:
Rising global debt
Centralized monetary expansion
Banking instability risks
Increased digitization of money
While no official collapse timeline exists, diversification was presented as a prudent strategy rather than a panic response.
Middle East Tensions & Prophetic Alignment
The conversation also referenced escalating tensions involving:
Israel
Iran
Iraq
These geopolitical flashpoints were framed within a broader prophetic narrative, suggesting that developments in the Middle East could play a significant role in global restructuring.
Investors and believers alike were encouraged to monitor global developments carefully.
Featured Snippet Section
What Is the Global Reset Wealth Transfer?
The Global Reset wealth transfer is described as a financial and spiritual shift involving restructuring of fiat systems, increased use of blockchain technology, and a redistribution of global wealth aligned with prophetic interpretations.
Why Are Gold and Silver Recommended During a Reset?
Gold and silver are historically viewed as stores of value during financial instability and are often recommended as hedges against fiat currency devaluation.
Practical Financial Preparation Strategies
According to the discussion, preparation may include:
✅ Diversification
Balance assets between:
Precious metals
Cryptocurrencies
Cash reserves
✅ Short-Term Liquidity
Maintain accessible funds in case of temporary banking disruptions.
✅ Self-Sufficiency
Strengthen personal resilience through:
Reduced debt
Emergency supplies
Community networks
✅ Ongoing Education
Stay informed about:
Monetary policy
Technological financial systems
Global economic trends
The Spiritual Dimension
Beyond financial planning, Robinson emphasizes:
Faithfulness
Obedience
Community support
Prayer
The reset is framed not as a moment for fear, but for preparation and spiritual alignment.
The discussion concludes with an invitation to Thursday night prayer gatherings — fostering unity and encouragement among those seeking guidance during uncertain times.
Q&A Section
Q1: Is the Global Reset officially confirmed?
No formal government or global institution has publicly confirmed a coordinated “Global Reset” event. The term is used broadly in financial and prophetic discussions.
Q2: Should Christians invest in gold and crypto?
Investment decisions are personal and should be made with careful research. Diversification is generally considered a risk management strategy.
Q3: Is fiat currency collapse imminent?
There is no official confirmation of an imminent collapse. Economic cycles and reforms occur over time, often with warning signs.
Q4: How should believers respond?
The podcast encourages a balanced approach: spiritual faith combined with practical financial stewardship.
Final Thoughts: Faith, Wisdom & Preparedness
Whether viewed through an economic lens or a prophetic one, uncertainty requires wisdom.
Key takeaways:
Avoid panic-driven decisions
Diversify intelligently
Stay informed
Strengthen community ties
Deepen spiritual foundations
Preparation is not fear — it is stewardship.
Watch & Stay Connected
For deeper insights, consider watching the full episode from Jon Dowling featuring Randy Robinson.
Jon Dowling: Timing of the Global Reset for the Wealth Transfer with Randy Robinson
In a recent podcast episode, host Jon Dowling sat down with Randy Robinson, a licensed therapist, prophet, and Christian ministry leader, to discuss the impending global reset—a transformative event that promises to reshape the world’s financial, spiritual, and societal landscapes. This conversation delved into the biblical and prophetic implications of the reset, highlighting the pivotal role of precious metals, cryptocurrencies, blockchain, and AI technologies in the evolving economic and spiritual paradigm.
The global reset, as described by Randy, is both a “wealth transfer” and a “soul transfer,” signaling a profound shift in how wealth is distributed and how souls are influenced. While many Christians are preparing spiritually for the end times, Randy and Jon caution that very few are taking the necessary financial steps to safeguard their future. They emphasize the importance of investing in silver, gold, and becoming self-sufficient to weather the impending financial storm.
Randy and Jon warn of an imminent collapse of fiat currency systems, which could lead to a more controlled, technologically driven economy. This shift is potentially linked to the Mark of the Beast scenario, a prophetic warning that has significant implications for Christians worldwide. The conversation highlights the urgent need for believers to be spiritually and financially prepared for the challenges ahead.
The discussion also touches on the escalating geopolitical tensions in the Middle East, particularly involving Israel, Iran, and Iraq. These events are intricately woven into the global reset narrative, suggesting that the unfolding drama in this region is part of a larger, biblically prophesied sequence.
For those seeking to navigate this uncertain landscape, Randy and Jon offer practical financial advice. They stress the importance of diversifying investment portfolios with precious metals and cryptocurrencies, alongside holding some cash for immediate needs during potential short-term banking crises. This diversified approach is seen as a prudent strategy for mitigating risk and ensuring financial resilience.
Beyond the financial aspects, the global reset is also framed as a spiritual awakening. Randy and Jon urge Christians to remain faithful, obedient, and proactive during these transformative times. The call is not just to prepare materially but also to deepen one’s spiritual foundation, trusting in God’s sovereignty over the unfolding events.
The podcast concludes on a note of encouragement, inviting listeners to join Randy’s Thursday night prayer sessions. These gatherings offer a community of like-minded individuals who are seeking to support one another in faith and preparation. Randy and Jon emphasize that God is orchestrating the global reset and will bless those who remain steadfast, preparing both spiritually and materially for the coming changes.
For those seeking further insights into the global reset and its implications, watching the full video from Jon Dowling is recommended. As the world teeters on the brink of significant transformation, staying informed and prepared is crucial. By adopting a mindset of faith, abundance, and community support, believers can navigate the challenges and opportunities that lie ahead.
THE IRAQI PARLIAMENT RESORTS TO THE FEDERAL COURT TO RESOLVE THE ISSUE OF THE PRESIDENCY… DOCUMENT
The Speaker of the Iraqi Parliament, Hebat al-Halbousi, has submitted a request to the Supreme Federal Court to interpret a constitutional provision related to the election of the President of the Republic, given the inability to hold a session with a quorum for this purpose.
According to an official document issued by the Presidency of the House of Representatives, published by Shafaq News Agency, the request is based on the texts of the Constitution and the Federal Court Law, and aims to interpret Article (72/Second/B), which stipulates that the President of the Republic shall continue to exercise his duties after the end of his term until a new president is elected within thirty days from the date of the first session of the House of Representatives.
The document explained that the election of the President of the Republic was not achieved within the constitutional period, despite the House of Representatives continuing to hold its sessions, due to the lack of a legal quorum in more than one session dedicated to this purpose.
The request indicated that the council continues to hold its sessions according to the usual agenda, without including the item of electing the president of the republic, due to the lack of the required quorum, and asked the Federal Court to state the legal opinion on this matter.
The Iraqi constitution stipulates that the president must be elected within a period not exceeding 30 days from the date of the first session of the House of Representatives.
Taking into account this period from the first session held on December 29, 2025, the constitutional time limit ended on the night of January 28, 2026.
