"Time to Follow Suit" - Tues. AM TNT Thoughts/News 8/28/18

by **Ssmith** Tue Aug 28, 2018 3:36 pm

TNT

Mkay:
Does anyone know how long it was before the rv happened In Kuwait after people began investing?

Briona:
mkay, Only a small number of people knew anything about Kuwait, so that kind of data is scarce.

StarChaser:
Kuwait didn't RV-- they RI'd. Took about 1 year after depreciating from roughly $ 3.50 down to 5 cents. Most people who were holding Dinar lucked out and hit the jackpot but it wasn't formented like our investment in Iraqi Dinar…. Kuwait Dinar depreciated because Saddam burned their oil fields and thus their country lost it's value backing up their Dinar-- value returned when we restored their oil fields

Briona:
Iraq has their oil fields back, so it is about time to follow suit and return the value to the Dinar.

MKay:
Ty. So Kuwait and Iraq rv completely different

Starchaser:
Mkay-- yes

Yada:
Many here and in dinarland have called the Iraqi ignorante and slow to move but truth of the matter,,,they know how to leverage,,they know once the release is initiated, they will be on their own, to some degree and they will have made all the provisions to be a successful nation,,

RustyBucket:
Yada, not to mention they take their sweeeeet time about it.

Yada:
That is the leverage part rustybucket,,,WE dinarians can learn a lesson or two for when we finally come into our new wealth

Tishwash:
An official holiday in Basra and Maysan on Thursday and the reason !!

The Maysan provincial council announced on Tuesday that the official working hours will be suspended on Thursday.

The deputy chairman of the Council, Jawad Rahim, said in a press statement that "the Council of Maysan province decided today, to disrupt the official time in the departments of the province on Thursday, the corresponding 30 of August."

"This came on the occasion of Eid al-Ghadeer," Rahim said. The Basra provincial council announced on Monday that the official working hours would be suspended on Thursday link

Harambe:
Reuters: Iran parliament censures Rouhani in sign pragmatists losing sway
https://reut.rs/2BVYg7i

Reuters: Iran oil exports set to drop in August ahead of U.S. sanctions: data
https://reut.rs/2wiyV1Q

Reuters: Iran's Rouhani appears before parliament to answer economic questions
https://reut.rs/2wkvUhT

CNBC: Oil rises to seven-week highs on signs of tighter supply
https://www.cnbc.com/2018/08/28/oil-markets-venezuela-libya-nigeria-and-iran-in-focus.html

Bloomberg: Iran's Legislature Grills Embattled Rouhani on Economic Policy
https://www.bloomberg.com/politics/articles/2018-08-28/iran-parliament-to-file-complaint-on-rouhani-to-judiciary

AP News: Iran president fails to appease lawmakers in economic crisis
https://apnews.com/246e20d77e5b420c937827155a4b6bb6