Wednesday, October 4, 2023

"RV UPDATE" BY JEFF & PIMPY, 5 OCT

  Jeff

 There's a huge consensus out there among most of the dinar content creators that the rate is going to change this coming week between now and this weekend.  None of that is true of course...There's a huge tremendous misunderstanding throughout the dinar community right now...of what's really happening within the dinar investment...


  The budget has not been approved to date.  That means it remains in an incomplete unapproved state...Yes they voted on it since last June but...two Sundays ago Iraq's council of Ministers...did a draft amendment to the budget making it so it's no longer in an approved state.  Parliament still needs to approve the budget again...The budget right now is incomplete and unapproved by parliament.  

Pimpy  

Article:  "Financial expert: The International financial system prevents Iraq from dealing with non-dollars"  It's kind of hard to be part of a system that prevents you from dealing in non-us dollars...People are not using the central bank.  The United States is not helping the central bank central the issue.  They're creating the issue.  They're creating the black market. 

Article:  "Iraq is fourth in the Arab world by possessing the 'lion's share' of gold reserves"  I always love to hear that.  Right now Iraq is holding 132.6 tons of gold.  You notice that these nations are still buying up large quantities of gold, which is a good sign.
now if you want to know the full story.

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