3-19-2019 Newshound/Intel Guru Mnt Goat

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Post  Admin on Tue Mar 19, 2019 8:51 pm

3-19-2019   Newshound/Intel Guru Mnt Goat   “WHENEVER A RESERVE OF HARD CURRENCY IS INCREASED IN THE STATE TREASURY, THE VALUE OF THE LOCAL CURRENCY RISES.”   WOW! Could this also be yet another reason why the CBI is waiting to RI? They need for the reserves to increase?  Remember that when Dr Shabibi was about the RI way back in Jan 2013, the CBI reserves where at a all time high of 90+ billion. We know the war with ISIS has brought the CBI reserves down to a dangerous level of about 45 billion. Last we hear the reserves recovered and were about 60+ billion and climbing...   [post 1 of 2....stay tuned]


3-19-2019   Newshound/Intel Guru Mnt Goat   ...when they think that the CBI has the adequate reserves (and other things) this will give the CBI sound reasoning to go for the reinstatement. In one of the articles today once again they told us they would the “3.3” ($3.30) rate back to the dinar. ...they will probably go beyond that. I quote from the article... “Iraqi state budget was 11 billion dollars and the exchange rate of the dollar 3.3 and today the state budget 450 billion and the exchange rate of the dollar is 1189 dinars.” I think we could possibly be in a window...  [post 2 of 2]

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