More News, Rumors and Opinions Friday Night 2-19-2021
KTFA:
Samson: KHAS ... AL-RAFIDAIN BANK LEAVES THE SEVENTH ITEM
18th February, 2021
Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article Seven that was previously imposed on it.
The director of Al-Rafidain Bank, Hussein Ali Al-Zubaidi, revealed in a statement singled out by the "National News Center" "about the fulfillment of the requirements for the exit of the Rafidain Bank from the UN decision of Chapter Seven.
Al-Zubaidi explained that "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions."
He favored "his bank obtaining large bank credits after this decision, especially the foreign dealings of state institutions and departments." LINK
Courtesy of Dinar Guru
Frank26 Article: "Al-Rafidain Bank Leaves The Seventh Item" How many times have I told you Iraq is Article VIII? Since January 2018 because that's when I told you they started using a second set of books...we have an article from the IMF that said very clearly that yes Iraq is Article 8 because we're allowing them to use "mechanisms" of Article 8 for their monetary and economic reform...
Frank26 Quote: "Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article seven that was previously imposed on it...the exit decision came after fulling all the financial obligations to international financial institutions..." They're telling you they are not at a program rate anymore...this is stupendous. This is immeasurable...[this article] explains why they're not handcuffed anymore. It explains why they are article 8. It explains why they're international. Soon they'll explain why their currency is international because they lifted the 3 zeros... [post 2 of 2]
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TNT:
Mangelo: I am so ready for this RV next week!!! The news I got over 8 months ago told me and I have told you guys that we had to wait till the 20th of January then Kuristan said it would take 3 to 4wks to process.... so it looks ,like we are near..... lets hope it materialize this time....
Grace Renewed: If this would just happen it would make us all ecstatic!
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From MarkZ’s Site:
Isaac: (In Zurich) After all the cc and calls all look super positive for next week. I will be contact with people of 2 operations to tell me when should my paymaster be in Zurich , i know people with appointments next week. All looks very promising
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Dinar exchange rate of 1 for 1 and then 3 for 1
Pimpy’s Investment Chat: Feb 19, 2021
Silver Report Uncut:
40% Of US Crude Production Offline Just As The Energy Squeeze Meets Surging Demand
Feb 19, 2021
We had 40% of US oil production offline and many industry experts warn the damage may be extensive though much of production should be back online as the area thaws.
Many experts do expect much of production to come back on like a light however when you close off an oil well during freezing temps it's rare they wouldn't be damaged.
This process could take several weeks but the slowdown in crude production will already send shockwaves through the economy.
Fuel prices are much more temperamental than silver though an uncontrolled silver run could crush the world economy, the same is true for crude oil.