STATUS OF THE RV
I want to wish everyone a Holy and Happy Easter week, Resurrection Sunday and the season that follows.
No! The RV did not yet happen. The IQD is not yet trading on FOREX and certainly there were no banker’s meeting with Trump at Mara Largo to announce an RV. Yes, these are the stupid rumors once again this week. I wish these idiots would get a life and educate themselves.
Not a lot of new developments this new period to report. However, there was one nugget of news I do want to share that I find interesting. Based on my recent conversation with my CBI contact in Iraq (which was yesterday), she also agrees with the rest of the citizens that if the Iranian issue can be resolved, they are going to move ahead with the currency reform effort and complete it. Recent news from Iraq is telling us the US forces are building up in the region for a major war, probably if the negotiations fail. Oh boy… I certainly pray not.
We know that the next round of talks between the U.S. and Iran are scheduled for Saturday April 19 in Rome. Why Rome I haven’t a clue other than maybe its just neutral ground. There is talk that maybe the Vatican might have a hand in these negotiations and the outcome. I think there is much more “passive” power from the Vatican than most think.
Now, having said this – Did I say it was going to RV on Saturday the minute these talks are completed. First of all, we don’t even know how the negotiations will go. Next there may be many more future meetings. Then once the terms are negotiated by both parties, there may be work to done to show an honest commitment by both parties.
But do we have at least some sense of timing? Let’s look at what we do know. We know that they just told us in Tuesday’s Newsletter that the remaining 5% corruption with the dollar may finally totally end in June. I quote “Member of Parliament Majid Shingal confirmed on Sunday “that June will witness an end to dollar smuggling operations, noting that strict oversight will be imposed on the funds of companies, politicians, and influential people.” We also know that the EU announced the digital Euro is coming in October. We also know that the Budget tables are being adjusted in the finance committee and we were told that once they do arrive in parliament they will be “pushed” through and passed. The hold up is the drop in oil prices and they had to review the projects again and adjust. They do not want to go into deficit spending and have to borrow.