💰 Budget Depends on New Rate Jeff says Iraq’s budget cannot be fully approved until the new currency value is in place, since the budget calculations are based on the exchange rate.
🏛️ Government Formation First The expectation is: once the government is formed ➝ rate change can happen ➝ then budget approval follows.
📈 Possible Rate Range Jeff believes a realistic target could be around $3.80+.
📊 Historical Comparison He notes Iraq’s currency historically traded slightly higher than Kuwait’s, whose value today is around $3.25.
⚡ Main idea: political completion + budget timing + historical value comparisons are fueling speculation of a stronger dinar rate.
The budget can't get approved till the new currency value exists. It's a law. All aspects of a law have to exist for them to approve it, which meansthe currency value has to exist because the budget is calculated off the currency value.
So, that has to exist before it can get sent to parliament for approval. That's the reason they told us about a month ago that the budget would get approved after the government is formed because when the government is formed they they get a change of rate, then proceed with a budget approval.
Question: "What do you think is a possible range for rate change?" I'm around the $3.80ish camp, somewhere around $3.80+...
Historically Iraq's value of their currency, clear since the 1970s, compare them to Kuwait. Iraq has always remained slightly above Kuwait's currency value. Today Kuwait is around $3.25...Just working off of facts.
TAIF SAMI GIVES AL-ZAIDI A FULL PICTURE OF IRAQ’S FINANCIAL REALITY AND SALARIES
IN THEIR FIRST MEETING
2026-04-30 | 11:07
Baghdad
Prime Minister-designate Ali al-Zidi met today, Thursday (April 30, 2026), with Finance Minister Taif Sami for their first meeting, to discuss the financial situation in Iraq, as well as the issues of financial revenues and salaries. The media office of Al-Zaidi stated in a statement, which was followed by , that“Prime Minister-designate Ali Falih Al-Zaidi met today, Thursday with Finance Minister Ms. Taif Sami.” According to the statement, the meeting included a review of the financial situation in Iraq, including financial revenues and the salary file, as well as a discussion of the challenges facing the financial situation under the current circumstances, and the importance of continuing to work on maximizing and diversifying financial resources.
According to the statement, the meeting included a review of the financial situation in Iraq, including financial revenues and the salary file, as well as a discussion of the challenges facing the financial situation under the current circumstances, and the importance of continuing to work on maximizing and diversifying financial resources.
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...