"RV UPDATE" BY MNT GOAT, 29 MARCH

 Mnt Goat 

  Article:  "BIDEN TO HOST IRAQI PRIME MINISTER ON APRIL 15: WHITE HOUSE"

   ...could this visit to Washington talk about the currency reform and getting support for it? Certainly it may and probably will...President Biden is scheduled to meet with the Iraqi Prime Minister Sudani...and dedicate several days to Iraq and the situation in it, a clear signal of respect for the Prime Minister and Iraq’s political and international standing.  Talks I am sure will be mostly about the Status of Forces Agreement. 

Article:  "IRAQ IS NINTH IN THE WORLD IN NATURAL RESOURCE RESERVES.."  

Quote:  "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years."  OK, so if this is part of the Basel IV currency valuation algorithm then where is it reflected in the rate of the dinar? Why is it still 1/6 of a penny? Folks is just doesn’t make any sense. The IMF and the US Treasury are artificially suppressing the rate of the dinar. Remember VALUE and RATE are two different items and the value should be reflected honestly in the rate...