TNT, X22 Reports, Frank26 and more Tuesday PM 12-29-2020
TNT:
Tishwash: Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency ... and Baghdad is forced to comply with the recommendations of the international monetary fund
Economic expert Salam Sumaisem said on the devaluation of the Iraqi dinar, that the dollar will be drained from its source in the US .Treasury, which will replace it with digital electronic money, Digital Dollar
Sumaisem added to the obelisk: We will then see how the smuggling of dollars continues, noting that only Iraq and its people will be the losers, and that .whoever trades in the Iraqi dinar will not benefit in anything
Sumaisem told Al-Masalla that draining the sources requires that there be a shortage of dollars that are pumped into the markets, referring to the issue of pursuing political money, as the financial decision-makers say that they cannot dry up the sources, but America, for example, has gone through the same crisis, especially after the decline
The US dollar fell a week ago on the global market by 8%, which prompted the Treasury to stop pumping more .dollars into the US market itself
Sumaisem considered that the Iraqi concerned authorities do not know how to act with the crisis.
Rather, they acted in a bad way in reducing the price .of the Iraqi dinar against the dollar ".
Sumaisem said, "It is true that this provides liquidity, but it will not solve the crisis
And she continued: America, for example, is moving now to the stage of digital money, which is digital money, and thus it will not pump more dollars into Iraq until it becomes scarce, and then it can pump a digital dollar. That every dollar has a number and circulation in it between the seller and the .buyer is known and limited.
It will also change the whole world, and for Iraq it will be a pivotal change Sumaisem revealed that the Minister of Finance signed a blank statement that he would implement all the recommendations of the International Monetary Fund. link
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Harambe: Bloomberg: Traders Boost Bets Against Dollar to Highest in Almost a Decade
(12/29/20)
Speculative traders are ending the year doubling down on their bets against the dollar.
Net short non-commercial positions in futures linked to the ICE U.S. Dollar Index have surged to the most since March 2011, according to the latest Commodity Futures Trading Commission data. The gauge of the U.S. currency has fallen over 6% this year as investors turned against the greenback amid unprecedented monetary easing from the Federal Reserve and a move away from haven assets.
“Hedge funds are spoilt for choice when looking for reasons to be short the dollar,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. “We have a Fed that is committed to a paradigm shift in its policy that materially lowers the risk of policy normalization, and a rapidly widening twin deficit makes it easier for short dollar bets.”
A combination of negative U.S. real yields, extended valuations across American assets and a current account deficit that requires dollar depreciation to finance will likely weigh on the currency into next year, strategists at Goldman Sachs Asset Management wrote in a recent note.
The Bloomberg Dollar Spot Index was down 0.3% as of 6:55 a.m. in New York on Tuesday. Ten-year Treasury yields rose two basis points to 0.94%.
“We see depreciation in the dollar continuing into 2021,” the Goldman team said. “Liquidity dynamics and virus news flow may influence the timing of dollar weakness, but not necessarily the medium-term downtrend.”
Courtesy of Dinar Guru https://www.dinarguru.com/
Frank26 Didn't we not say to you that this 1450 is something that you can flush down the toilet? 99.9% of you did [hear me]. The rest of you didn't and you panic. And you continue to let this open wound to become infected and you created your own frustration...stop being so scandalous about every little thing you hear. It's supposed to be confusing...the confusion is part of the plan...
Jeff ...what they're doing is injecting more U.S. dollars into Iraq's economy that when the rate changes they have dollars instead of dinar...when the rate does change they have take their dollars into the bank for dinar. It's just another step to pull the dinar out of circulation - to remove the 3-zero notes out of circulation inside the country of Iraq...
Breitling They want to add value to their currency...They want to be able to participate in the markets. They want to diversify. They want to get out of the oil markets. They're stuck. What are they going to do? They're going to comply with the United States, the west and our trading...they're still moving forward...They are going to pay off debt. They're going to get their payments lower. Then they're going to add value to their currency. It's a win, win, win situation for them. That's their strategy. That's what they're up to...this thing is coming down the road. They're going to revalue their currency...
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Tuesday Night X22 Reports:
Trump Turns The Spotlight On The Economic Swamp, No Escape-- Ep 2365a
The people are now seeing for the first time that congress is not for the people, they are interest in their lobbyist, special interest groups and they are not passing bills to benefit the people. Trump just exposed the economic swamp.
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What Is About To Unfold Will Be Earth Shattering, Birth Of A New Nation, Checkmate – Ep. 2365b
The patriots have now moved the [DS]/MSM into position, everything is about to change, this is not just about a 4 year election it is about taking about the country, breaking the illusion and allowing the people to once again to see clearly. This has been planned out and Trump and the patriots are leading the [DS] to exactly where they want them to be. Durham is on deck, this is checkmate, it has to be done correctly, we only have on shot at this, what is about to unfold will be earth shattering.