Dinar Recaps

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News, Rumors and Opinions Wednesday Afternoon 2-17-2021

TNT:

Cutebwoy:  Work: They issued more than 17,000 MasterCard cards to beneficiaries in Baghdad and the provinces

02/17/2021

{Baghdad: Al Furat News} The Ministry of Labor and Social Affairs announced the issuance of 17,659 (MasterCard) cards for the beneficiaries of the full-time employee salary in Baghdad and the provinces except for the Kurdistan region for the period from December 20, 2020 until today, Wednesday.

The head of the People with Disabilities and Special Needs Authority, Issam Abd Al-Latif Al-Tamimi, said in a statement that Al Furat News received a copy of, that “the authority’s departments in Baghdad and the governorates are still continuing daily during official working hours to issue cards to those covered by the full-time employee’s salary in cooperation with the concerned banking authorities. “. 

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The head of the authority praised “the efforts of the employees in the departments to speed up the completion of the transactions covered by the privileges of Law No. 38 of 2013 with accuracy, high professionalism, and relieving the citizen’s burden.”

Work: They issued more than 17,000 MasterCard cards to beneficiaries in Baghdad and the provinces

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

Jeff   Since December to now, mid-February, both the World Bank and the IMF have shown their face more than they have before. WhyIt's because both the World Bank and the IMF are bringing Iraq to the finish line...both the World Bank and the IMF are working with Iraq to bring their economy and country to the international world...

MilitiaMan   Article quote:  "An economist warns of a decline in the citizen's purchasing power as the dollar’s exchange rate continues to rise"   ...a move to the private sector is upon Iraq...If not disaster looms... We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo... That is powerful. 0 $ - Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar... Fairly sure that is the plan and the world knows it... As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc... All support the move and even a digital one...they are all involved in the architecture of the larger plan...imo...

Walkingstick and Frank26   This [past] Saturday meeting the CBI and the IMF were given a specific time IMO in the near future to lift the exchange rate value...The reason why the IMF wants it done on this specific date is because of the IMF's serious concerns of impending inflation of their currency...due to the stoppage of their auctions...They got no currency!  Of course the IMF is concerned about impending currency inflation to smack Iraq right in the face.  That would be a tragedy...In the same breath they talked about the new small category notes...

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It Feels Like Something Has Already Broken

Arcadia Economics:  Premiered 12 hours ago

It continues to feel as if some thing has already broken in the financial markets.

https://www.youtube.com/watch?v=2RU_vvy2Pac

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Awakening the Silver Giants: How the Silver Market could unravel

Mike Harris:  Feb 15, 2021

This video explores how the silver market could unravel in the face of unprecedented investment demand and the prospect of increased bulk purchases by industry as 1,000 oz bars become in ever shorter supply.

https://www.youtube.com/watch?v=yxtJvj8im2U

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