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Guru Pimpy: "The higher it goes...it's really good for the currency" 2/28/21 I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

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Guru Pimpy: "The higher it goes...it's really good for the currency" 2/28/21

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Post by RamblerNash Sun Feb 28, 2021 10:04 pm

Guru Pimpy  

Article:  "The Central Bank Announces A rise In Cash Reserves To More Than 55 Billion Dollars"  That's good we want the reserves to be up higher.  The higher it goes...it's really good for the currency...It's because one of the thing that gives its strength is the fact that there's a lot of reserves.  This is very very good...

The problem with us dealing with the dinar is this.  In order for the dinar to have any kind of purchasing power or to get any real change on the exchange rate there has to be some stability there.  Already all around we're starting to see crap happen.  Iran, Syria bombings, missile attacks within Iraq...Biden hasn't even been in office two months and already the shit's falling apart...I don't like the way it looks although there's some good things happening over there in Iraq.  The financial grade is good.  The reserves are building that's good...so there are some good things.  I'm just pissed about the way this current administration is too much into bombing crap...You gotta take the good news, bad news, the ugly news.  You gotta take it all. Stay grounded.

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Guru Pimpy: "The higher it goes...it's really good for the currency" 2/28/21 258310255 
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