Frank, Max Keiser, SRU and more Wednesday Afternoon 5-19-2021
KTFA:
Don961: Parliamentary Finance, via NRT, explains the change in the price of the dollar
The Parliamentary Finance Committee clarified, on Tuesday, the possibility of changing the exchange rate of the dollar against the Iraqi dinar.
The committee's rapporteur, Ahmed Al-Saffar, said, in response to a question by NRT , today (May 18, 2021), about "raising the price of the dollar that may continue for another 4 years," he said, "The issue of the dollar price is a matter of the monetary policy of the Central Bank." link
Courtesy of Dinar Guru
Frank26 [Community member bank story.] Frank - About a month ago I told you IMO you should start asking your bank friends about the Iraqi dinar...I feel banks are now in the position where they are well advised/informed of what's going on. "W" lives in Jacksonville, Fl [Here's his bank story] I went to one of the managers [Chase Bank] and went into the office...I closed the door behind me...I said I don't want anyone to hear this conversation...I said I have some currency to later on exchange. He said, 'ok, what kind of currency...?' I have dinars. He looked at me with eyes open big. I said, everything alright? He said 'yeah, yeah.' He starts typing on the computer...he said, 'oh, we've been waiting for something to happen. When something happens we will be ready for you.' Frank - So he said they have been waiting for something to happen with the Iraqi dinar!? W - Yes. Frank - Ok, continue. [Post 1 of 3 Stay tuned for the rest of the story...]
Frank26 [Bank Story Continued] I asked what is the process? He said, 'the process is you come in, we go to the conference room and count the money and then we go to the teller and put the money in the bank and you got the money. Simple.' Frank - So he gave you the procedure. So when you are ready you bring your currency in, they take you to...the conference room, sit down with you, count it out and then they do the exchange? W - they walk you to the teller, explain the situation and put in the money and you walk away. [Post 2 of 3 Stay tuned for the rest of the story...]
Frank26 [Bank Story Continued] Frank - Not every bank in the Untied States of America is going to be involved in the exchange. And for that matter not every bank that is going to be involved in the exchange knows everything right now. Most of the executive levels do know but it's up to them on how much they allow to trickle down. Question for W - Did you say [You have] 'Iraqi dinars' or did you just say 'dinars'? I told him 'dinars' but after told him 'Iraqi dinars' because remember out there there are different 'dinars'. Frank - That was Chase Bank ... [Post 3 of 3]
Keiser Report | The Last Days of the Fiat Disco | E1698
May 18, 2021
In this episode of the Keiser Report, Max and Stacy look at the warning from legendary hedge fund manager, Stan Druckenmiller, that the central banks are destroying fiat currencies and that bitcoin is a solution.
In the second half Max interviews David Morgan of TheMorganReport.com about the last days of disco-like-quality to the money printing as if the central banks know the party is about to end.
Silver Report Uncut
Farm Equipment Shipments Halted As Chip Shortage To Hit Every Aspect Of Agriculture, Dollar Crashes
May 19, 2021
Hoosier Ag Today reports, "The biggest factor impacting the ability of US farmers to produce the food we need has nothing to do with the weather, the markets, trade, regulations, or disease.
The worldwide shortage of computer chips will impact all aspects of agriculture for the next two years and beyond... farm equipment manufacturers have halted shipments to dealers because they don't have the chips to put in the equipment... not only have combine, planter, tillage, and tractor sales been impacted, but even ATV supplies are limited.
Parts, even non-electric parts, are also in short supply because the manufacturers of those parts use the chips in the manufacturing process.
As farmers integrate technology into all aspects of the farming process, these highly sophisticated semiconductors have become the backbone of almost every farming operation.
" Supply shortages aren't just in Farm equipment but in everything all at once. Many analysts are commenting about the difference in this supply shortage being the breadth reaching into food metals and almost all critical manufacturing segments.
It's likely the collapse in the US dollar will continue.