All right, we are officially live. Heather, how are you doing? >> I am great. How are you? >> I'm good. Thank you for doing this with me. So, I am I am not new to the Iraqi dinar. I've been involved with it for 15 years. You and me connected through another investment group that we're both a part of um which you know I would love for you to chat about here um in this video for sure. 



If people are looking for guidance or advice or a community of investors, I highly recommend um what what she's built and put together. But can you just introduce yourself and just kind of let people know who you are and and really, you know, how you got involved in the Iraqi dinar and other other investments? Just just kind of introduce yourself. >> Yeah. All right. I am Heather North. I am the co-founder of Kingdom Economic Builders. Kingdom Economic Builders is just a platform for entrepreneurs and investors and people just to come together and build each other up and watch each other grow. It's also a platform to help you promote what it is that you are doing as well. And that's something that I I firmly believe in is is building each other up. So my background primarily is accounting and business management. I have for many years been involved in helping people start their businesses and grow their businesses. Um I would say I have a pretty strong accounting foundation and operations. Um through that I've done taxes over the years with a friend that is a CPA. I stepped away from it and then God called me back into it and so here we are with that. As far as investments in the Iraqi dinar, honestly I personally it was honestly God God did it. He told me one day that I want you to start investing and it was back in 2020 and I was actually extremely ahead How did you initially So, so I'm always curious, right? I'm like, was there a seed planted somewhere beforehand? Because I've I've I've shared my dream before like my dad initially told me about the dinar. I'm like, dude, you're crazy. No way. Like, never going to happen. And then I had a dream about it. I'm like, okay, I think maybe God's trying to lead me to something here. Did you have like like was there anywhere along the way where you had heard about it? Did someone tell you about it and then you had a dream about it or was it just like a straight up random dream about about it specifically? >> Okay. So, honestly, if we want to rewind a lot, I would say mine has been completely spiritual. I didn't know anything about it. Um, and then the Iraqi dinar in particular. So this this whole I guess you would call it wealth transfer thing that that people are into and and kind of what we what we're talking about that I probably would say started in 2016, but I didn't understand what was being told to me. I really didn't understand any of it. But then in 2020 is when he led me to invest. And it was kind of one of those things where you just like hear it and you're like, well that's weird. Like why would I why would I hear that out of nowhere? And so then I was like, "Okay, well God, if that's you, then I just ask you to confirm it. Like bring me confirmation somewhere." And it wasn't until after that I a video popped up on my YouTube of somebody talking about some of these investments and I was like instantly it just beared witness and then I started having dreams about it and that was more the cryptocurrencies and then I would say the Iraqi dinar I had heard about it over the years once I stepped into I guess this quote unquote wealth transfer community other people were talking about Iraqi dinar I didn't feel led to it until out of nowhere I heard it again, you need to get some. And I was like, okay. And I got some. My father-in-law, he is in foreign currencies. And he actually started sending us random foreign currencies. And he wouldn't tell us why. And he would just say, "Put this." And it was kind of like, it just reminded me of this little fun thing, you know, and so he would just mail them to us and he would say, "Put this somewhere safe. I'll tell you when it's time." and you know, but he wouldn't tell us anything else about it. And my father-in-law is not completely spiritual. So, he was getting his information elsewhere. And so, we're stacking up these foreign currencies and then I'm hearing people about the dinar. And out of nowhere, I heard you need to get dinar. And so, after I heard about it again, that's when I started having dreams about it. And so, that's that's kind of how I got led into dinar. >> Interesting. You know, I I kind of equated to this, right? And and people might think I'm crazy for saying this. Do you remember when when Charlie Kirk was, you know, he was was assassinated and how there was this like corporate like feeling of like all Christians were feeling like this like heaviness and this sadness. I'm like why? Like how is it possible millions of people around the country are feeling this like burden or this like sadness, right? I I believe it was like the Holy Spirit grieving, you know, through through all of us because we lost someone who, >> you know, was a strong believer and really, you know, like a >> he was a leader um you know, fighting for for the Christian faith in such a big way. And I'm like >> in the dinar community and and you can tell me if you agree or or disagree with this. I feel like it's almost a very similar experience where it's like you talk to people who are involved in the Iraqi dinar and almost every single person has a story of how they were led to it or like a confirmation that they came across or like the Holy Spirit just witnessed something to them where like it sounds completely crazy and I always acknowledge this to people. I know it sounds crazy but like God uses the foolish things to confound you know the wise right? like that. That's one thing I I always stick with. I'm like, >> if it wasn't crazy, it probably wouldn't be a God thing either, right? So, I just feel like it's like it's crazy how many people I talk with like, "Oh, I had a dream, too. I had a vision or I had a confirmation or my friend confirmed it to me." It just it just I mean, it's actually quite remarkable when when you hear about that. Yeah, it's it's it's been, you know, it's it's been an incredible journey. I know you've been in it for five, six years now. You said you got involved in 2020. >> Yeah, >> I've been involved since 2011. So, it's been a long journey for a lot of us and and I truly believe walking through the promised land or walking to the promised land, you know, through through the wilderness has been um it's it's it's been a long walk, but I think at least for myself and I know I've talked to a lot a lot of other people, we can kind of see like the the light at the end of the tunnel, right? Um so that's that's that's an exciting thing. >> I I want to ask you a few questions about the tax side of things. Okay. So, I am not a tax expert by any means and I don't pretend to be. I would say I know the very basics being a business owner and investor and you know just having some conversations with my my personal accountant but when it comes to the Iraqi dinar and I know you can't give certain answers or specifics but can you just kind of share like what do you think is going to happen as far as like are we looking at long-term capital gains which is obviously a lower percentage. Um, are we looking at short-term capital gains, which means that you, you know, if you hold this for under a year, you're going to pay more. Are we looking at this as like tax at ordinary earned income, right? Because there's different tax brackets for all of these different things. So, what do you think we're possibly looking at when we finally do, you know, end up like doing this exchange and and converting this currency to to US dollars? >> Yeah. So I think through this and I think part of the reason why I am probably being led back into taxes is because like if you talk about it from from the spiritual perspective and you look at it from the spiritual perspective, this is not going to make a lot of sense to people who don't have the same belief system. And so it makes sense on on why God is kind of sending me down these different rabbit holes. But so looking at the tax treatment, it is not quite straightforward. However, if you look at the IRC codes from what I have been able to gather, it is considered ordinary income on so you figure for everything like every benefit there's also, you know, there's there's two sides to the coin. So no, you do not have capital treatment. you know, you can't do capital gains or capital losses, but you're also not limited to the $3,000 uh loss off of or you know, like so if you had capital treatment, you would be subject to the maximum $3,000 to offset your ordinary income. So, they changed the tax law 1886. Let me pull this up here. >> Only 40 short years ago, >> right? Well, because in the 80s was the last time it revalued. And so my father-in-law, for instance, that's what he was basing this off of. And he's like, okay, well, this happened in the 80s and the group of people that he's a part of, you know, they're kind of looking historically and they're like, it's it's going to happen again. And I think he's probably been invested probably since right around that time. Okay. So, here is the historical context that I have been able to find through my different tax schools and other forums that I had pulled the IRC code together. IRC codes are extremely they could be confusing at times or they could be straightforward. I guess it just depends on how your brain works. But prior to the mid 1980s, foreign currency gains were often treated as capital gains if currency was held as a capital asset under IRC uh 1221. However, Congress became concerned that taxpayers were using foreign currency fluctuations to convert what was economically ordinary income into capital gains. So with that they had the tax reform of 1986 and through researching it it cited a public law 99-514. So, Congress strengthened and clarified IRC which that is what is what uh Iraqi dinar falls under is IRC 98 which makes it ordinary income versus capital gains from what I can see. So, oh go ahead. >> I was going to ask you is in your humble opinion is this something every accountant will know when that time comes and it's time to file your taxes or are some going to make the mistake of being like it's capital gains, right? and filed under capital gains and like are a lot of people going to get audited because of your accountant not knowing this or do you think this event and I'm I'm kind of on the fence about this with the the revaluation either like being a big event and the IRS coming out with you know new regulations or new like protocols right because >> the government's probably aware that you know a decent amount of people hold the Iraqi dinar that like they're going to say hey if you were the the bylaws and the guidelines and here's how you're going to have to file this or do you think it's going to be like no every every accountant's going to be, you know, essentially doing it the way they think that it needs to be done. >> I I personally think that's the reason why God is kind of raising up different people to step into these positions because I don't think that this is um well from an accountant perspective like you wouldn't really know this until you needed to know this if that made sense. And then even with doing the research as I was trying to research it, it is not clear, right? And and you can't just use any search engine to get an absolute answer on this. So no, I would assume that most accountants wouldn't know because typically property is considered, you know, capital gain treatment. But but then like so after you do the research you realize that the IRC code 988 that they put into place overrides the capital gain treatment and so it's subject to the 988 the IRC 988 which makes it ordinary income. So, I don't think that most accountants would know this. And if someone else could find further information on this because like I said, you you're literally reading through tax codes and then trying to find court cases, which I did do. I I think I read through like five different court cases where they were trying to challenge it and they all got denied and so they had to pay the penalty and I was like, "Okay." So, from my conclusion of what I could research, this is essentially the treatment. And so it doesn't matter how long you've been holding on to it. It doesn't matter. It's you do need your basis as far as what you paid for it, but it's ordinary income. >> And that's kind of a scary thought, too. Like I was talking to another one of my um my my friends who's also like heavily invested. >> You know, when you talk about penalties, you know, on potentially millions of dollars, right, or >> many hundreds of thousands of dollars, like you're talking about big big numbers, right? And I think that's why this is such an important conversation to start thinking about. We're having some type of strategy where it's like what's kind of the worst case scenario we're looking at. And you know, if it's not that high, great. I'm more than happy to pay a much lower percentage. But I think that's why I I've always kind of said in the past like I am allocating 50% of whatever proceeds I get from this revaluation, putting it on the side just in case, right? because I don't want to have to deal with any, you know, potential issues or accountants not knowing how to file or what it properly. But do do you feel like there is a potential that there is going to be some type of not legislation but some type of just protocols before this actually happens as to how to like how to do this the right way? Cuz I just have a hard time believing that the government who probably knows, you know, there are quite a few investors in this like are just going to say, "All right, well, let's see if they can figure it out, right?" Because it is kind of like a gray a gray area. It's not black and white. Um, I think overall I guess it it probably depends on when when the revalue when the reval happens. So, um, I I do think overall we will probably see some type of restructuring of the tax codes and the tax systems. I don't know at what point, right? But I but that's something that we all I think have been anticipating. Do I see them changing it back? From what I can see, like I I'm open to correction, but like I said, like through through what I have pulled together and researched, this is my conclusion that I feel like is pretty solid as far as what I built it upon is that it's treated as income. Do I think that they would change that? Um, I don't know. I'm not sure. I think if it happens soon, I would say probably not, right? like if if the next yearish after that, I guess we could potentially see a restructuring there. You know, I do think a lot of it has to do with the leadership that we have in place and whether or not the leadership likes people to, you know, retain majority of their income. I don't know how you feel about the leadership currently in place, but if we look historically, he doesn't like to pay extra taxes that he doesn't need to pay. So, I could see possibly a restructuring happening. Yeah, I support the leadership and and you know, again, that's why I I was involved in real estate before as well. And you know, like what people don't realize is the smartest people out there, the most the wealthiest people out there, they use, you know, things like real estate to depreciate against their income. Like a guy like Trump, you know, he would brag about and say he paid virtually no taxes because he was in the real estate game. And, you know, he could he could show, you know, that his that some projects might have shown a loss, right? but he's still so like there there's a lot of complex things involved, you know, when it comes to taxes and offsetting your income and trying to keep as much as possible. But I think it's a good thing we have a businessman in the White House who essentially does not want to pay taxes, >> who understands the tax code. >> Yeah. And you can only hope and pray that it would give us favorable terms, you know, when when it's time to have that day, you know, for us as well. What do you think about I I hear some people say some crazy things about they're going to abolish the IRS, right? Like I'm not going to pay my taxes. The IRS is is like they're they're going to abolish it. Have you seen anything to support that? Because I don't know where these people are coming up with that. Like maybe I mean I personally don't see that happening. I wish, trust me, no one would be happier than me, but like I don't know where people are coming up with this. Like have you heard that before or do you like do you agree with that or disagree? like where do you where do you stand with that? >> Okay, so I talk to God a lot. God talks to me a lot, right? I'll just lay that out there. I have been told stuff about it as we get into this. So I feel like it's it's with everything like we are were spiritually led to these investments. We had an idea in our mind of of what was going to play out. I'm sure like when you first got into dinar, just like your testimony, you were thinking it was going to happen right away, you know, and here you are however many years later and it still hasn't happened yet. Well, I feel like that is the same thing with many things that God talks about and many things that are being released spiritually. So, if I take it from that context, right, like, okay, God was kind of talking to me about the restructuring of the IRS or maybe even an abolishment of the IRS. I've had friends like Jacqueline, she had a dream about no more IRS. Um, what I feel like and what I can see is definitely a restructuring to where we're not paying 40 50% of our income in taxes. Um, but I almost feel like it might come through like subsidies or credits or, you know, different things like that to offset what you would typically pay in. So, do I see them actually doing away with the IRS indefinitely? I don't necessarily see that because I feel like it serves a purpose cuz I even thought about like, okay, if if they abolished the IRS and people were conducting business, like what would keep a business ethical then? You know what I mean? And so I feel like there needs to be a way to make sure that people are are transacting correctly and with morals and integrity. And so I do feel like we need that, right? If if you remove all boundaries, then you have chaos. And so so recently that has been my thought process. Like you hear about Trump talking about, you know, with the um tariffs and stuff and possibly getting like a kickback from the tariffs and I'm like, okay, well, if he if he did that, I could see it possibly coming through the tax returns. >> Yeah, I I I agree with that. And I mean that was how this country was run for many many years. And then I think what 19 or something, you know, that's when they >> kind of imposed, you know, all of these different taxes. And now it's crazy. I know you're talking about state income tax, federal taxes, like by the time, you know, I was joking around with my other entrepreneur friends. I'm like, you know, even if you make millions of dollars a year, you know, you could essentially cut that in half essentially, right? >> Yeah. >> Because it's just nuts. Like, when you when you really look at it, it it's crazy how much you end up paying to the government, right? So it's it's important to understand and know and you know have wise counsel or the right adviserss in your corn to show you how to how to pay as as little as possible because when you're dealing with large numbers like again you know a decent amount of us probably will here be you know be dealing with very soon. Every little bit counts and matters and every percentage counts and uh you don't want to be playing games or give too much away and then to be like oh my gosh you know I mean because you can't you can't reverse those those decisions. Yeah. >> Before I let you go, Heather, I'm going to put you on the spot. Where do you think we are with this whole thing wrapping up? I mean, as far as like what do you feel the timeline is? Um, I personally think we're close. I think everything happening with Iran is kind of a signal to um, you know, to the last domino or two falling. That's my personal opinion, not financial advice. What do you think? like what are you what are you feeling as far as timeline time frame goes with this whole investment? >> I um Okay, so I'm going to piggyback a little bit on what you were saying with the taxes real quick. I think it's also important that we pay attention to how much we are paying in taxes and also who we're voting for because our our leadership matters and we saw that within the last administration where essentially our tax dollars were being used to destroy us from the inside out. But that's my opinion. Anyhow, so I'm not scared of taxes if we have the correct leader cuz I feel like it just cycles back through, right? Like you see it all throughout the Bible. So if you have a righteous, then everyone prospers, but then if you have a wicked king, then there's nothing but turmoil. So I think that that's really important to think about who we're voting for. Where do I think we are in this whole timeline? I don't know. I do think March is really important. I don't know what is going to happen in March. I just feel like something is going to happen in March. I just It's that feeling, right? Like you were you were talking about just the amping up and the feeling the feeling before Charlie Kirk, which I can attest to that. I felt the same way. It was like I don't know probably a week beforehand. Several of us that get together on a regular basis were like I don't know what this is. And you know, turns out that happened and and so I do feel that feeling that you're talking about. I think possibly you know, and this is just pure speculation. I think in the markets overall, we might see a huge downturn. That's kind of what I've been feeling, which might work in favor of currencies, right? Because they're kind of two opposite ends of the spectrum. So, I don't know. I I don't know where we're at, but I think something is coming. Something big is right on the cusp of us. And I don't know if the reevaluation's going to happen in March. I think something's going to happen in March. But yeah, I'm I think you do a great job breaking it down. I listen to you as far as like the dinar and the timing and the geopolitical events. I feel like you have a good >> I mean I I I try to bring a good balance of like just what's actually happening along with you know some of the like biblical things and then I look at you know other spiritual people out there that are you know giving their opinions on it or you know sharing what God's been sharing with them. So I I I try to take these little things and try to bring it together >> without you know like obviously giving specifics or you know saying oh my god it's gonna happen you know because I've I've been in this investment for a long time and I've seen those people continue to spew the same nonsense like oh my gosh it's happening tomorrow tomorrow my bank manager called me and told me to come in Friday. I'm like how many times can you listen to those people who claim you know who cry wolf and they're constantly wrong. So it just really >> annoys me. But um yeah, it's I mean I I think we're close. What What does close mean? I think within 12 months. I think possibly within six months. I think it could be possibly within the next month. Like I I really don't know. And I I will never unless God showed up in front of me, you know, and told me directly, like I I honestly would just be guessing. But I I think spiritually I think a lot of people are feeling the same things. And again, I never wanted to make dinar videos. Like I thought this would have happened a long time ago. I'd be, you know, off somewhere doing something else, right? But here I am. And I think there's a reason for that. I think he's, you know, I've connected with you through your organization, which has has been amazing, and connected with other investors and like like-minded individuals who, you know, are smart, are wise, who bring different things to the table to where after, you know, the revaluation does happen, we could share our insight with each other and, you know, give feedback to each other and and really grow and help help support each other as well. So Heather, before I let you go, can you just kind tell people how can they reach you or or how can they reach, you know, Kingdom Economic Builders if if they want to be a part of that? >> Yeah. Um, so the link for Kingdom Economic Builders is a little bit different right now because we are on Mighty Networks and so that's kind of where our platform is. It's primarily an education platform and self-development platform. We are in the midst of developing a website. We have a friend working on that. Um, but they can email me and it's heather@king kingdomeconomicbuilders.com. So it is with an s >> and I'll put that below too in the in in the description. >> Yeah. And so if they need to connect with me, they can email me and then I can send them, you know, wherever it is that they need to go. >> Amazing. Heather, thank you so much for your time. This is fun. We will definitely do it again soon and uh we'll chat soon. >> All right. Thank you.