[via PDK] It’s been quiet on the RV front but, we have some news coming out of Iraq as they discuss denominations and new bills as they have floated the thought of printing a new 20K note. We saw exactly this happening in Kuwait and other revaluations…. They want to throw off timing…so don’t panic when you see those stories. This is totally expected …instead focus on Iraq stockpiling gold and getting most of their own currency off the streets. We are still hearing positive things out of redemption areas…They still think it could go minute to minute.
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