News, Rumors and Opinions Friday Morning 7-24-2020
KTFA:
Don961: Member of Parliamentary Economy: 45 trillion dinars “chunky” in Iraqi homes
Localities 07/23 2020 12:40 610 Editor: am Baghdad today - Baghdad
Member of the Parliamentary Economic Committee, Deputy Ali Al-Lami, Thursday (July 23, 2020), revealed the existence of 45 trillion Iraqi dinars chunky in Iraqi homes.
Al-Lami said in an interview with (Baghdad Today), "The fact that many people may not know is that 50% of the money, which is estimated at 45 trillion dinars, is chunky in Iraqi homes, and this is a big mistake in the economic dimension, because the presence of that money within the circle of banks and markets will lead To rebound, move and tackle many negatives. "
He added, "The people's lack of confidence in government and private banks, the recent mistakes, and the declaration of some of them bankruptcy and the loss of their deposits led to the emergence of a reluctance to put their money in banks, and their hoarding in homes, despite the fact that their presence in banks is very important, and this is what all countries of the world are working on. By ensuring the presence of the largest percentage of liquidity in government or private banks. " LINK
Don961: Study of the International Monetary Fund: the hegemony of the dollar will exacerbate the economic impact of "corona"
2020-07-22 Yassin Iraq: Follow-up
A study by the International Monetary Fund revealed the impact of the US dollar's dominance in trade that could lead to an increase in economic deterioration due to corona.
The study indicated that the dollar's dominance in trade and finance in the world can exacerbate the economic impact of the Corona epidemic, as strengthening the strength of the dollar will lead to a decline in trade and economic activity more in the short term.
According to international agencies, the study suggested that developing countries would not be able to take advantage of the weakness of their national currencies to stimulate the economy because of the export prices in dollars.
Thus, the weakening of the currencies of the countries against the dollar leads to higher prices for imported goods and consequently a decrease in demand for them. LINK
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Courtesy of Dinar Guru https://www.dinarguru.com/
Frank26 Where will we as investors see the rate has changed 1 to 1? On the CBI website. [You can always see the official CBI dinar rate on this page in column on the left.] When? Probably when you wake up one morning. Why? Because when you're asleep they're up working very hard...unless you're up at 3 or 4 in the morning you're not gonna see it until the next day when you wake up...
Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
Jim Willie - Behind the Curtain (July-2020)
Premiered 9 hours ago
Greetings from Dan and David Dawei.
00:11 What should the average person be doing?
01:04 Banking Cabal vs. White Dragons
02:59 Gates & Fauci - Targeted by the Chinese
06:25 The importance of news events on the world
08:30 Jim's geiger counter
10:07 Jim's marketing research background
13:42 Jim's endorsement from Rick Rule
15:57 Las Vegas and the NFL
ALERT! COMEX Silver EXPOSED! 99.9% of Trades Are FAKE!! (Bix Weir)
Jul 23, 2020
WOW! Yesterday 1.25B Ounces of electronic silver was traded on the COMEX and yet the Open Interest (total amount of contracts held) BARELY CHANGED! PURE FRAUDULENT HIGH FREQUENCY TRADING!