RE: Tuesday Night KTFA CC 3-9-2021
DCDriver: Great call tonight!! The only thing confusing to me is whether or not our 3 zero notes will have a time frame until they are null and void? I realize there will be a timeframe in country but it wasn’t clear to me out of country. If anyone can shed light in that it would be appreciated.
Clare: IT HAS BEEN STATED BEFORE THAT IT COULD BE UP TO 1O YEARS- THE CBI HAS TO GIVE NOTICE TO MAKE A NOTE NULL AND VOID AND THAT WOULD BE ON THE CBI WEBSITE AS WELL. IMO
Harvestor: WOWser tonight. Thank you Frank and Walkingstick. Only one thing I did not get clear. Could have been just me not comprehending like I should. When they go 1 2 1 in country, did I hear correctly that we investors will be able to exchange our dinars out of country?
Clare: WHEN THEY GO 1-1 IT WILL BE INTERNATIONAL- YES, YOU WILL BE ABLE TO EXCHANGE imo
Ross: Next Monday is the 15th…the IMF announces rate changes on the 15th & EOM. Thing that make me go Hmm …. Next Sunday IMOO could be interesting.
Samson: Global gold: America first and Iraq in 38th place in the largest reserves of the precious metal
10th March, 2021
The World Gold Council announced, on Wednesday, that the United States of America ranks first and Iraq in 38th place, with the largest reserves in the world of the precious yellow metal.
He added, “Iraq still maintains the 38th position in the world and the fifth in the Arab world with the largest gold reserves at 96.3 tons, which represents 10% of the rest of the other reserves,” noting that “the last purchase of gold by Iraq was in September 2020, with an amount of 0.1 tons.” He pointed out that “the most prominent buyers of gold during this month are Uzbekistan, by 8.1 tons, and Kazakhstan, by 2.8 tons, while the main sellers were Turkey, by 17.2 tons, and Russia, by 3.1 tons.”
It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world. LINK
Samson: An economist calls for a speedy end to the disputes and preparation for the international turnout
On Tuesday, a researcher in economic affairs, Yahya Al-Haddad, called on the political forces to resolve differences, end conflicts over gains, and move towards urgent elections in preparation for the international turnout on Iraq.
Al-Haddad said, in a statement to the information agency, that “the Pope’s visit to the holy city of Najaf in particular is a recognition of the great role that the reference plays in the security and political axis,” indicating that “it is a victory for the humanitarian role of the Shiite authority in Iraq in particular and the Arab world over Public face”. He noted that “Iraq, after this historic visit of Pope Francis, needs to be fully prepared and open new horizons of political orientations as it is on a new date of international interaction with Iraq in all files, especially the economic file.”
He explained, “The political forces must settle their accounts and put the interest of Iraq above all considerations, because the next stage will witness a boom for investments in Iraq, and this process needs political security before considering any step, which depends on the size of the responsibility that the leaders of Iraq bear at this stage.”
And he stated, “It is necessary to end all of the early elections and to speed up their conduct because they are a dangerous weapon that threatens every investment process in Iraq,” explaining that “the large investments of countries in Iraq do not look at public interests as much as they are concerned with the security of the region in which they operate and the extent of the decision’s ability Politician to tame that security.