Tuesday, April 23, 2024

"RV UPDATE" BY PIMPY, 23 APRIL

 Pimpy

  Al Sudani when him and his delegation was here to say they were busy would be an understatement.  Did you see all the meetings?  Meeting with the president, Secretary of State, the Pentagon... The Czech Prime Minister, Homeland Security...Signing 18 memorandums of understanding...JP Morgan...Iraq was really busy when they were here.  They saw a lot of people.  This is a good sign.

Question:  "What are the proper notes to hold for investment purposes?

 Any of the currency is okay to hold at the moment so there's no specific denomination.  If they do delete the zeros or they re-denominate they're going to have whole new currencies.  That's why there's no rush to try to find lower denominations because they're going to replace all of them including the lower ones.  But there is a possibility that they don't re-denominate and we get lucky and they change the exchange rate and keep the zeros on the currency.

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