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Guru Pimpy says - Something like 95% of the [IQD] supply is out of country. 5% of it is in country 6/29/21
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Guru Pimpy says - Something like 95% of the [IQD] supply is out of country. 5% of it is in country 6/29/21
Guru Pimpy
Something like 95% of the [IQD] supply is out of country. 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks...a lot of people talk about having IQD, how many people actually have it? The average speculator has 250,000 IQD...So if they removed 70% of the money supply, plus all the ones that have been damaged just through wear and tear, ones that were taken by ISIS, ones damaged during the flood, that means the actual amount of IQD out there is very low.
Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I'm not saying that's the rate. I'm saying now that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%...this is great news. That means the amount of money in the hands of speculators is very low.
Something like 95% of the [IQD] supply is out of country. 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks...a lot of people talk about having IQD, how many people actually have it? The average speculator has 250,000 IQD...So if they removed 70% of the money supply, plus all the ones that have been damaged just through wear and tear, ones that were taken by ISIS, ones damaged during the flood, that means the actual amount of IQD out there is very low.
Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I'm not saying that's the rate. I'm saying now that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%...this is great news. That means the amount of money in the hands of speculators is very low.
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