News, Rumors and Opinions Sunday Afternoon 4-10-2022
KTFA:
Samson: Iraq maintains 39th place globally in gold possession
10th April, 2022
Today, Sunday, the World Gold Council announced a decline in the world’s reserves of the metal after the central banks of countries sold quantities of it within one month, indicating that Iraq had not provided any update on its gold holdings since last October
The council said in its latest schedule for the month of April 2022 that “the world’s gold reserves decreased by 6 tons as a result of the central banks selling quantities of it,” explaining that “Uzbekistan is the largest seller in the month, as it reduced its gold reserves by 22 tons to 339 tons, and sold Kazakhstan 5 tons, Qatar 6 tons, Mongolia 1 tons and Germany 1 tons
He added, "Turkey dominated net purchases, adding 25 tons to its gold reserves, India buying 2.6 tons during the month, while Ireland, the only active buyer in the developed market, added 1 tons of gold to its reserves
He pointed out that "Iraq has not provided any update on its gold holdings since October 2021, but it maintained its global position 39 out of the 100 countries listed in the table with the largest gold reserves, bringing its gold holdings to 96.4 tons, which represents 9.3% of the rest of its other reserves LINK
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Samson: Learn about Iraq's ranking globally and in the Arab world among the largest countries by GDP
10th April, 2022
Iraq ranked 52nd globally and fourth in the Arab world among the largest countries in GDP for the year 2022, according to the American "CEOWORLD" magazine for statistics.
The magazine said in a report seen by Shafak News Agency that "the five largest economies in the world according to the nominal GDP measure are the United States, China, Japan, Germany and the United Kingdom, and that these top five countries constitute more than half of the world's economic output by GDP in value Nominal," noting that "the global gross domestic product is $95 trillion as of 2022."
And she added, "The nominal gross domestic product of the United States, which came first in the world, amounts to 24.79 trillion dollars in 2022, and China is the second largest economy in terms of nominal GDP, reaching 18.46 trillion dollars, while Japan has the third largest economy in the world with a total GDP. It amounts to $5.38 trillion, the German economy is the fourth largest in the world with a GDP of $4.5 trillion, and the UK economy is the fifth largest in the world with a GDP of $3.44 trillion.
And she indicated that "Iraq ranked 52 globally and fourth in the Arab world, as the nominal gross domestic product of Iraq during the year 2022 is about 226 billion, and 620 million dollars," and it is expected that "this output will rise during the year 2023 to 239 billion, 993 million dollars, and to 251 One billion and 504 million dollars in 2024, and it will reach 277 billion and 850 million dollars in 2026.
According to the report, "Arably", Saudi Arabia came first and ranked 19th globally with the largest GDP, as it will reach in 2022 about 876 billion and 148 million dollars, followed by Egypt second and 33rd globally with 438 billion and 348 million dollars, followed by the United Arab Emirates third and 35th globally with a 427 billion and 930 million dollars, and then Qatar comes fifth and 57th globally, at 180 billion and 883 million dollars.
Gross Domestic Product is the monetary market value of all final goods and services manufactured within a country during a specified period. LINK
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TNT:
KMan: New IRS rule for 2022 on gifting and the estate tax exemption.......https://www.youtube.com/watch?v=feJO6_rAGCU
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Courtesy of Dinar Guru
Bruce [via Dinar Wishes] I have heard that we are supposed to have this complete – the end of it all – by the end of April - that is what our sources have received – is that we get started – we do our exchanges and we’re done by or before the end of April...we have quite a way to go – before the end of the month – there’s plenty of time for them to bring us out and do that...Just maybe - just maybe we are closer than we know and this is going to happen for us so let's just stay focused on it -stay in prayer for it - and lets get prepared...
Pimpy Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial position, and it is time to quickly approve the budget" Even thought the election has happened and we don't have all the people in the proper places there's still the interim government led by Al-Kazemi... Quote "the past month oil revenues increased to $11 billion dollars...a very large number that is not been recorded for 5 decades...it is time to present the financial budget law as soon as possible..." If you pass this budget that forces the government...to continue with the reform agenda...
PETER SCHIFF, GLOBAL STRATEGIST: Economy Headed for Dramatic Collapse Prepare Now
Gerald Celente: 4-9-2020
Peter Schiff, the chief economist at Euro Pacific Capital, told Gerald Celente in an interview published Thursday that Americans need to be prepared for a “dramatic collapse” of the economy. “Interest rates are going substantially higher from here. They’re still much too low,” he said. “We’re now kind of approaching three percent yields on U.S. treasuries, we’re not quite there yet.”
Gregory Mannarino: 80% Stock Crash!!!
CFN/Compact Financial News: Apr 10, 2022