More News, Rumors and Opinions Wednesday Night 5-13-2020
KTFA:
Clare: MESSAGE FROM FRANK:
FRANK HAS BEEN UPDATING US WITH FIREFLY'S REPORT IN TEAM CHAT AND ASKED ME TO POST TODAY'S ON THE FORUM ALSO.
FRANK WILL CONTINUE TO UPDATE AND IF CHAT IS DOWN FRANK WILL UPDATE ON THE FORUM...
Parliament today enacting the information crime law as Kazemi is opening up the most severe corruption files and has all previous ministers on travel bans so they can't get out of country…. THATS FROM FIREFLIES…..FRANK26
FROM FF’S … Yesterday the Iran militias fired at the demonstrators like before in the past however the new on Kazemi ordered the Iraqi army to go get them and they did they arrested all who were firing at demonstrators Kazemi is not letting Iran run the show this is Iraq ….TO WHICH I SAID...... I KNOW ........... RIGHT? ….SMILE….. FRANK26
Courtesy of Dinar Guru https://www.dinarguru.com/
Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
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TNT:
CharlieOK: Keep your expectations about ANYTHING related to Iraq modest. They will back into anything congratulatory only because someone else performed.
Briona: My only expectation of Iraq is that they revalue their currency.
CharlieOK: The only thing Iraq has to do with anything is rving their own currency. EO 13303 is about the USA getting their money back from the Gulf War. How could stone age Iraq who can't agree on their desert sand being brown, be the focal point for a world wide GCR?
Bix Weir
RED ALERT! CFTC Warns of Oil (& Silver!) Problems in MAY COMEX Contracts!!
RoadToRoota: May 13, 2020
The CFTC just issued a RARE price warning for ALL Commodities as it relates to "Delivery Problems" for the May Contracts.
Although they singled out the Oil Contract as "highly placed authority" said it applies to ALL COMMODITIES....can you say Silver Shortage?!