News, Rumors and Opinions Tuesday Morning 9-15-2020
TNT:
Tishwash: Iranian currency collapses against the dollar
Shafq News/ The Iranian currency saw a big collapse against the U.S. dollar by 27,000 tomans against the dollar.
The sources said that the price of the dollar against the Iranian Toman broke a new record, an increase of about 1,000 tomans compared to last July when it reached about 26 thousand Toman, up from 16,000 tomans last March.
The sources explained that the Central Bank of Iran injected 280 billion dollars of foreign exchange into the market to lower the dollar over the past 15 years, according to Central Bank Governor Abdel Nasser Hamati, but is unable to pump more currencies due to the 40 percent drop in oil exports. link
KTFA:
Don961: Al-Maliki on a private visit to Iran ... its outward appearance (medical examinations), and its interior (unknown)!
4th September, 2020
The media office of the head of the State of Law coalition, Nouri al-Maliki, revealed the details of the last "special" visit to Iran.
The office said in a statement, "The head of the State of Law coalition, Nuri al-Maliki, arrived this evening in the Iranian capital, Tehran, on a special visit that takes several days."
He added, "It is hoped that al-Maliki will meet a number of Iranian officials, and he will also conduct routine medical examinations during the visit."
An informed political source said earlier that “the Secretary-General of the Islamic Dawa Party and the Head of the State of Law Coalition, Nuri al-Maliki, arrived in Iran on an unannounced visit in advance, and its reasons (unknown) !. LINK
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Courtesy of Dinar Guru https://www.dinarguru.com/
Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
Jeff ...the period you're in is red hot...My opinion is I think they're going to change the rate for Iraq on Sunday morning of 9-20... everything's right on track moving in the right direction...you are in the hottest time frame of this investment that you've ever been in right now. It could not be any better or look any better.
Keiser Report | Chart of the Year | E1593
Sep 15, 2020
In this episode of the Keiser Report, Max and Stacy discuss ‘the chart of the year’ showing income soaring in the United States as government transfers boost household balance sheets.
Hedge fund manager, Stan Druckenmiller, sees this as Modern Monetary Theory and argues that it will cause inflation to run hot at 5-10% in the next few years.
In the second half, Max interviews Michael Pento of PentoPort.com about his assessment of markets as we head into the end of the year.
They look at Warren Buffett’s move into gold and what the prospects are for inflation... or deflation.