News, Rumors and Opinions Monday 3-28-2022
Monday Thoughts From Holly
Good morning roomies
There was no news over the weekend. We still need bonds to get to certain release level that will kick off the F&P’s. (Fines and penalties) Until that happens we wait.
We are coming to the end of this month. Will they start it before this month is over? That is still the rumblings.
Keep the faith and stay strong
Courtesy of Dinar Guru
BGG ...some actual perspective might be in order for today. Iraq has just undergone a major electoral shift during these last early elections. It has trended towards a much more reformist, “for the people” agenda. The margins are very, very close. Some of the old guard in Parliament is holding on for dear life. It appears currently they [old guard] have just enough support to temporarily block the formation of this reformist government. I do not expect these obstructionist margins to sustain. They [Sadr and the reformist] will get this done… and isn’t that what everyone wants? Long term reforms in Iraq?
Sandy Ingram Iraq exported 15.43% of its oil to 6 European countries during the month of February. Turkey 9.1 MB, Italy 5.1 MB, Greece 4.25 MB, Netherlands 2.05 MB and France 1.01 MB... as investors in the Iraqi Dinar we are hopeful these oil relationships and transactions will continue regardless of the outcome of the disruption in Russia and the Ukraine...
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KTFA:
Samson: Putin instructed to transfer gas payments to rubles
28th March, 2022
Russian President Vladimir Putin on Monday instructed the Cabinet, the Central Bank and Gazprom to take the necessary measures to change the currency of payment for gas supplies to the ruble by March 31.
A Kremlin statement stated that Putin's actions come in response to the sanctions imposed against Russian citizens and a number of Russian legal entities.
The decision was followed by compensating the ruble about 20% of its losses against the dollar, while experts confirm that it will continue to rise, especially since the decision includes the sale of exports other than gas. LINK
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Samson: China vows to respond to US sanctions against Russia
28th March, 2022
Chinese Foreign Ministry spokesman Wang Wenbin said on Monday that his country's authorities intend to take the necessary measures to respond to the US sanctions against Russia, which harm China's interests.
The Chinese spokesman added, "I want to stress that the problem now is not that someone is helping Russia circumvent the sanctions. Countries that have regular trade and economic relations with Russia, and China is among these countries, have been unjustifiably damaged. China will take all the necessary measures and vigorously protect the legitimate rights of companies and individuals in our country."
The Chinese diplomat stressed that when resolving the Ukraine issue and relations with Russia, the US side should take into account the concerns and concerns of the Chinese side.
He added, "140 countries out of more than 190 member states of the United Nations have not joined the unilateral sanctions against Russia.
"This means that most countries of the world are taking a cautious and responsible attitude on this issue," he said.
"I hope the parties concerned will show their composure, focus their efforts on advancing the negotiations and not seek to tighten sanctions," the Chinese diplomat concluded. LINK
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Lynette Zang - USA Losing World Reserve Currency, Own Gold & Silver
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Lynette Zang joins us to discuss the US Dollar losing world reserve currency status with the SWIFT changes from Russia. We also discuss the seizing of bank accounts in Canada, hyperinflation, rising food prices and much more.