Holly, Pimpy and more...Wednesday Morning 5-4-2022
Wednesday Thoughts From Holly
Good morning roomies
What I can honestly say is it will never and repeat never give the day when this will go. It will happen like a thief in the night.
We are closer then ever.
Again we still need F&P’s, adjudicated, PP’s, D1&2 and the final codes put in.
Until all this happens we wait.
Courtesy of Dinar Guru
Pimpy Sadr gave the Coordination Framework 40 days to try to form the government. If a new government is formed we know Sadr did not have a part in that. It looks like Sadr's 40 days are at the end or have ended so we're about to find out what it is that Sadr had in mind. Some type of announcement should come out.
Fleming The IMF told IRAQ that $3.23 USD would be a fair price per Dinar. Iraq won’t start with this rate to the world, it will begin with a front screen rate of 1 IQD to $1 USD which has long been discussed. Then, it is suspected that in 5 to 10 days, it will go to this price and possibly beyond. No doubt, they want to capture all of the poor people first rushing in to get this 1:1 rate.
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TNT:
CandyKisses: Global Gold: Iraq is declining in rank in the world’s largest reserves of the precious metal
Shafaq News/ The World Gold Council announced on Wednesday that Iraq has fallen one rank in the world's largest reserves of the precious metal after the Egyptian Bank purchased large quantities of gold to surpass Iraq and some countries in its global ranking.
In May 2022, the council said to its latest schedule for the month of March, which was seen by Shafaq News Agency, that "Iraq has fallen one rank to reach 40th globally out of the 100 countries listed in the table with the largest gold reserves," noting that "the Central Bank of Egypt bought a quantity of approximately 44 tons of gold in February to raise its gold reserves to 125 tons, thus surpassing several countries and reaching the 33rd place after it was 41st.
He pointed out that "Iraq has still not provided any update on its gold holdings since October 2021, bringing its gold holdings to 96.4 tons, which represents 9.4% of the rest of its other reserves."
According to the council, “the gold reserves of the World Central Bank decreased by 4 tons in March as a result of the central banks selling quantities of it,” noting that “Kazakhstan was the largest seller in the month, as it reduced its gold reserves by 12 tons, and Uzbekistan sold one ton, in When Turkey controlled purchases, it added 5 tons to its gold reserves, while India bought 2.5 tons and Ireland added one ton.
It is noteworthy that the World Gold Council, which is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.
Iraqi Dinar update for 05/03/22
Pimpy’s Investment Chat:
FIAT MONEY VALUE SECRETS: What You Need to Know...HEADLINE NEWS with LYNETTE ZANG
5-3-2022
Have you seen the headlines lately about the really strong dollar has that been reflected in anything you've been buying? We're gonna talk about this and so much more!