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KTFA: "THEIR CASH COW IRAQ IS NOW GONE FROM IRANIAN CONTROL" 5/3/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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KTFA: "THEIR CASH COW IRAQ IS NOW GONE FROM IRANIAN CONTROL" 5/3/19

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Post by RamblerNash on Sat May 04, 2019 6:57 pm

KTFA

Popeye7 » May 3rd, 2019


The need for this to occur sooner rather than later is vital for the continued bolstering of the ordinary Iraqi citizen as it concerns their confidence in the current government, as well as the banking establishment...

The longer this takes to transpire, even when it is accomplished, there will still be a level of disdain simply because of the wait being too long... The buildup only to be let down is not something the CBI, or PM Mahdi's government can afford to happen, as the people of this wealthy nation have endured much...

No better time for this to occur than from the beginning of Ramadan, or the earlier stages of this time of fasting for the people of Iraq... Not being able to afford products, on top of fasting for a certain period of time, can weigh heavy on people's mental state... All IMO

Iggy » May 3rd, 2019

Ramadan would be the perfect time to gift something big to their country...after all it is a time for giving.

Iobey777 » May 3rd, 2019

IMO, it will happen when we Least expect it...as in..DURING RAMADAN! Personally, I believe it has already happened, they just have not announced it..YET!! IMO!!

Sausy » May 3rd, 2019

I've had that exact same sense that is done and we are waiting on the announcement. I am so glad you said out loud! 

Don961 » May 3rd, 2019

Central bank purchases of gold record the highest level


Friday, 03 May 2019

Capitals / agencies

Central banks around the world continue to boost their gold purchases to a six-year high in the first quarter of this year.

According to the World Gold Council's quarterly report, net central bank purchases totaled 145.5 tons in the first three months of this year, up 68 percent year-on-year.

In the first quarter of 2018, central bank gold purchases were 86.7 tonnes.

Central bank purchases are at their highest level since the first quarter of 2013, when they bought 179.1 tons and a five-year average of 129.2 tonnes.

According to the report, central banks continue to buy gold, with 9 banks adding more than a ton of precious metal to their reserves during the first quarter.

The global demand for gold rose by about 7 percent in the first quarter of this year to reach 1053.3 tons, while the supply of metal globally remained constant Approximately at 1150 tons.

he Board of Gold believes that the factors that drove the net purchases of central banks to reach their highest level in 50 years during 2018 remain at the beginning of this year.

Central banks are headed towards buying gold in the first quarter in an effort to meet the challenges of economic uncertainty due to trade tensions, slowing economic growth and a low interest rate environment. 

In the lead, Russia is again the largest buyer of gold in the first quarter through the purchase of 55.3 tons to Moscow's total mineral reserves of 2168.3 tons.

Gold accounts for 19 percent of the total reserves held by the White Bear country.

Russia bought 274.3 tons of gold in 2018 for the fourth year in a row, with an increase of over 200 tonnes.

Russia's move towards gold coincides with a reduction in its holdings of US Treasuries as part of a campaign to stop dependence on the dollar.

Central bank deputy head Sergei Sheftsov said shortly after the end of the first quarter that it was necessary to increase reserves of foreign currency and gold more in the face of the risks of continuing sanctions.

Turkey is also continuing its program to boost gold reserves by buying 40.1 tonnes in the first three months of 2019, making it the second largest buyer of precious metals.

China ranked third, with net purchases of 33 tons in the first quarter after returning to buy the metal again in September, 25 months after the move. The average net monthly purchase by the People's Bank of China over the past four months was 11 tons. 

After the recent increase, China's total gold reserves stood at 1,885.5 tons, equivalent to less than 3 percent of the total reserves.

At the same time, many other central banks bought large amounts of metal and added to their reserves during the first quarter, according to the World Gold Council report.

Kazakhstan bought 11.2 tonnes in the first quarter, with gold reserves at its central bank growing for 78 months in a row.

In a move for the first time since 2014, Ecuador bought gold during the first three months of the year to boost its metal holdings by about 10.6 tons.

India, which started buying again last year after a nine-year hiatus, net purchases by its central bank of 8.4 tonnes in the first quarter.

The Reserve Bank of India (Fed) has witnessed 13 consecutive months of growth, bringing its total holdings to 608.8 tonnes by the end of the quarter ending March.

Qatar and Colombia were notable buyers of gold during the quarter with net purchases of 9.4 tons and 6.1 tons respectively.

On the other hand, the sales of central banks of gold amounted to 11.3 tons in the quarter ending in March, which is the highest level recorded for each other.

According to the Gold Council, sales came from three central banks, with Uzbekistan selling 6.2 tons in the first quarter.

Uzbekistan began to report its gold reserves in March, while the other two were Mongolia and Tajikistan, which reported sales of 3.4 tons and 1 ton on Ranking. link

Toyvp » May 3rd, 2019

FAMILY KEEP IN MIND THAT THE ARTICLES YOU SEE ARE USUALLY 3 TO 5 DAYS OLD

Samson » May 3rd, 2019

Signing a memorandum of understanding for military cooperation between Iraq and Iran


3rd May, 2019

Iranian media reported on Friday the signing of a memorandum of understanding on military cooperation between Iran and Iraq.

"Iranian Air Force Commander Brigadier General Amiri Hajizadeh signed with his Iraqi counterpart a memorandum of understanding on military cooperation and defense capabilities between the two countries," state television reported. "If we and the Iraqi people stand side by side, our power will be ten times more," he was quoted as saying.

He stressed "the continuation and expansion of military cooperation between the two countries, especially in the field of transfer of military and operational expertise, and push the region to greater stability and security LINK

PhotoMan57 » May 3rd, 2019

SOUNDS LIKE THEY ARE GRASPING AT STRAWS,ANYTHING TO HOLD ONTO IRAQ. IMO THEIR CASH COW IRAQ IS NOW GONE FROM IRANIAN CONTROL.
RamblerNash
RamblerNash
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