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ChrisC - Feels Like Kuwait! 11/16/18

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ChrisC - Feels Like Kuwait! 11/16/18

Post  Ssmith on Sat Nov 17, 2018 9:47 am

Article: “The central bank reveals the amount of cash and gold reserves currently in Iraq” Quotes: “there is no intention at the present time to issue any new category and existing categories that cover the need of local Iraq.”; “Iraq has plans and strategies that it is working on periodically to make adjustments to the currency and pull the damaged from public markets and replace it with a new one,



Remember what [Guru] Walkingstick’s firm got them to clearly admit.This is beginning to feel like Kuwait. Wasn’t it them that said they couldn’t RV for a year and did it the next day?
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Re: ChrisC - Feels Like Kuwait! 11/16/18

Post  Allenj on Sat Nov 17, 2018 5:14 pm

Kuwait never rv their currency the didn't have any sanction on them it was iraq that had the sanction their forth their currency never devalue Iraq was the one that devalue under Saddam the Iraq dinar was at 3.08/1 in April 2000 in june it was .000058/1 shortly after (few years) the done away with the dinar with saddam picture on it and they went to the dinar we have today


their is no indication that the dinar will go back to what it was under  Saddam

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