Dinar Recaps

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TNT, X22, SRU and more Sunday 2-23-2020

TNT:

Tishwash:  Saleh reveals the size of Iraq's debt abroad

The financial advisor to the Iraqi government, Dr. Mazhar Muhammad Salih, revealed today, Sunday, February 23, 2020, the value of the amount that Iraq borrowed during the war against ISIS.

Speaking during a seminar on "IMF warnings and financial policy reform", Saleh mentioned that "the war against ISIS has made Iraq borrow no more than $ 13 billion from the International Monetary Fund, the World Bank, European countries, etc.

He emphasized that Iraq's external debt is currently $ 37 billion. It also includes Paris Club debt.  link

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KTFA:

Samson:  India finds an "enormous" amount of gold equivalent to five times the country's reserves

18:06 - 02/22/2020

Indian geologists have found a massive amount of gold five times the gold reserves in the country.

According to the India Times, two gold mines have been found containing more than 3,500 tons of gold within Sunbadra district, in the eastern state of Uttar Pradesh, where the value of gold is estimated at 12 trillion rupees (every 100 rupees is equivalent to $ 1.40).

According to the World Gold Council, gold reserves in India are 626 tons.

If these estimates are correct, India will be ranked second in terms of gold reserves in the world. The United States ranks first with 8133.5 tons, while Germany currently ranks second with 3366 tons of gold.

It is noteworthy that the search for gold in Sunbadra began nearly two decades ago - in the period 1992-1993 by the Geological Survey of India, where the presence of gold in the region was announced for the first time in 2005.  LINK

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Courtesy of Dinar Guru

Frank26  ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.

Jeff  ...What this is is a reinstatement.  The phrase "RV", that phrase "revaluation", all that was fabricated from this investment.  That phrase never existed.  "Rate change" existed but not "revaluation".  This is a reinstatement.  That means they have to bring back a former rate.  I've studied the value of Iraq's rate through the last 100 years.  The low side was about $2.80 and the high side was about $4.20.  The point is they've never had a $1.00 rate to reinstate... Iraq 's currency devalued at $3.22 in about 2004...

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Citizens In China Surround Bank Demanding Their Money, Northern Italy Is Shut Down, Cash Is King!

Silver Report Uncut:  Feb 23, 2020

Economic Collapse News February 23, 2020.

Things are heating up in as citizens surround a Bank in Yichun, Jiangxi China. This brings us to an important point, cash is king.

Now it's clear the Central banks are going to print until they run out of paper and the Dollar will inevitably lose value but in the meantime having cash set aside for times of distress is always a good idea.

Especially if there is an instance where large banks begin to fail.

The bail in-laws have never been used in the US but if a systemically important financial institution fails due to economic collapse we may see just that.

So it's good to have access to your money. In Italy, we see there is a significant amount of people who have been asked to remain inside and several thousand in the US unless all of these people work online they will eventually run out of money.

https://youtu.be/fBw0YFhZjN4?t=4

The People Are Waking Up, This Is Just The Beginning, Watch Gold: Marin Katusa

X22 Report Spotlight:  Feb 23, 2020

https://youtu.be/py-psYdD4Ds?t=1

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