More News, Rumors and Opinions Wednesday Night 1-6-2021

TNT:

Tishwash:  Surprising news from Kuwait: the government will resign within 48 hours!

Kuwaiti media reported today, Wednesday, that the Kuwaiti government is expected to submit its resignation within the next 48 hours, less than a month after its formation

The newspaper said "The opinion Al-Kuwaiti said that "reports were circulated about the government's intention to submit its resignation within the next 48 hours, in light of the interrogation submitted to the Prime Minister Sheikh Immortal morning And the mounting parliamentary support that came with it reached 37 deputies, with the member’s joining Ali Al-Qattan Today, to the 36 deputies who declared their support for the interrogation yesterday

He was the chief National Assembly Marzouq Al-Ghanim Today, I announce the adjournment of the parliament’s session, as the government will not attend after the deputies announced their intention to question its president

The Kuwaiti newspaper "Al-Jarida" stated that "the reason for the interrogation falls within the context of 3 axes, namely: a flagrant violation of the provisions of the constitution when forming the government, not taking into account the elements and trends of the new council, the domination of the executive authority over the composition of the parliament, and a breach of the constitutional obligation in Article 98 of the constitution by delaying the presentation Government Action Program link

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Tishwash:  E-government. The real key to development

"The shift towards e-government is key to regulating the reality of work in Iraq and delivering revenues from various departments to the state treasury without any manipulation," said Qahtan Adnan Abdul Amir, an economist.

He said that "the electronic government is a process of real construction of all the joints of the state and the services provided to citizens in all joints of the state," pointing out that "the process of shifting towards electronic systems requires a description of the work of every employee in state institutions and then work to turn it into an electronic procedure, to bring out an electronic government." 

Financial income

Abdul Amir pointed out that «the adoption of biometry in Iraq represents one of the most important effective solutions to address many problems in the detailed collection of financial revenues and delivering them to the state treasury, in an orderly manner away from all forms of manipulation that may accompany this process." 

He stressed the importance of organizing the collection process 

in the country in a way that affects low-income people, 

Here are the need for smart solutions adopted by the state in order to achieve economic development, which He wants it, which is in harmony with the size of the country's wealth."

 Cutting-edge technologies

He stressed that "Iraq has all the ingredients to promote and adopt the best advanced technologies in the world, because the country has a large workload that requires an organized process by adopting a automation that maintains a safe working environment." 

 Abdul Amir warned that "the country has the human resources capable of mastering advanced technology, through which we can establish an electronic government that raises the economic situation and changes the form of dealings and creates an ideal working environment free of all obstacles and illegal, which limits the implementation of various projects in all productive sectors. 

And service." 

He pointed out that "the uae experience and the success it has achieved can be described as quality, as all institutions have been transformed into electronic dealing."   link

Courtesy of Dinar Guru    https://www.dinarguru.com/

Walkingstick & Frank26   The [Iraqi] tellers - that's where we are at.  They are already trained.  They already know what it looks like.  They know how to distribute and answer questions.  The more you see the American dollar disappear in the next two weeks the better position the new small category notes will be to finally come out...we feel the monetary reform is on course...

Frank26   What you have seen the last few days is the pumping of more Iraqi dinars into the market of Iraq.  It would have been really bad news if we would have seen that they were dumping more 3-zero notes...that would have been a disaster...Because then you would have a time period to collect those 3-zeros...this is the goal...There's nothing more important than monetary reform right now.  No longer Iran.  No longer security and stability.  It is now focused on citizens...By George it's working.  They did not bump 3-zero notes back into the market...no.  What they did was double up on their sales of the U.S.D sales of their auctions...  

Frank26  Article "Blue and green .. Two types of dollars in Iraq .. Explanation for the "mystery" of low market prices compared to the official pricing .. Which number will be proven?"   The auctions are dropping.  The American dollar is being flooded.  The three zeros are disappearing - They're looking for that sweet spot...these two colors are playing a very large part in the monetary reform of the Iraqi dinar...it is extremely easier to remove the USD from the markets of Iraq than it is to remove the three zero notes from the markets of Iraq...more information will start to flow now and probably towards the end of this week...it will start to flow about these two colors...this is another good sign...the stuff they're doing right now is simply brilliant.  Greenbacks huh?  I like the blue ones {wink}...

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James Rickards - $15,000 Gold & $100 Silver

Greg Hunter:  Jan 5, 2021

Five time. best-selling financial author James Rickards new book titled “The New Great Depression” is predicting rough times for the U.S. economy, but not every asset will be a loser.

Rickards says, “In August of 2020, gold hit a new all-time high. Silver is not at an all-time high, but it has performed very well. Actually, if you break down asset classes with silver, gold, stocks, bonds, oil, etc., the number one performing asset class was silver, and the number two was gold.

Silver was up about 47%, and gold was up about 25% give or take. Gold and silver outperformed stocks and all of the other asset classes, but they are going to go a lot higher and they have to. . . . Gold is going to $15,000 per ounce, and by the way, that is my forecast. . . . Silver will be three figures (or at least $100 per ounce.)

Deflation is a bigger problem than inflation, and everybody hates inflation, but you need inflation . . . . What you have to do is inflate the debt away.

The debt is $22 trillion . . . we will devalue the dollar by 50%, and that is what you have to do.” Rickards says this will be a process that will take almost two decades, and the U.S. will need 4% inflation to do it. This is why Rickards thinks gold and silver will go much higher in the coming years.

Rickards also says the central banks are net buyers of gold and will continue to be.

He says everybody should have gold and silver in their portfolios and points out he does not sell any precious metals.

Rickards also gives advice on surviving “The New Great Depression” in his latest book.

 Join Greg Hunter of USAWatchdog.com as he goes One-on-One with five time, best-selling author James Rickards.

https://youtu.be/CaZSxvO4T3M?t=2

 

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