HUGE: Travelers Can Now Buy Gold Directly From The CBI.

[Luigi1]

HUGE:  Here's an article from Dinarland...

This was posted earlier but it deserves a notable mention.

Travelers can now buy gold directly from the CBI.

Treat as a rumor.  Not verified.  Your opine.

 

 

HUGE DEVELOPMENT:     Sandy Ingram:     CBI Is Now Selling Gold.

ARTICLE: The CBI’s Website…you will find gold coins & nuggets that you can purchase using your IQD.  Gold is universal.  You can exchange your gold for any currency in the world.  International travelers travel with gold all the time, including myself, as long as the value of the gold is under $10,000 we do not have to declare it.  Gold coins is one of the best ways to ensure you are liquid regardless of what the global economy does…

 

[Luigi1]

This is Luigi's opinion only...

 

Yet more confirmation the IQD is gold backed & CBI is holding tons of gold.

This ride is coming to an end.  Go RV-RI.

[rvmydinar]

5 minutes ago, Luigi1 said:

This ride is coming to an end.  Go RV-RI.

SOON?

[Luigi1]

NOTE: Iraq oil to US drops...global oil prices drop...the world is entering a recession with lower oil demand including in US.  Economists worry Iraq economy could collapse if trend continues...

Luigi asks...could a global recession & lower oil demand & prices destroy Iraq's economy?

 

Tlm724 Administrator Bondlady’s Corner:   An Expert Counts Budget Expenditures & Warns Of A (Big Dilemma)

ARTICLE: Economist Nabil Al-Marsoumi warned, on Saturday, of Iraq's exposure to a "major financial & economic impasse" whose features will begin in the next year, especially if there is no significant increase in Iraqi oil exports & in global oil prices.

 

Al-Marsoumi wrote on his Facebook page, “Fixed expenses in the 2023 budget.

Salaries of employees on fixed staff = 59.814 trillion dinars.

Self-financing salaries = 2.102

social welfare = 27.941 trillion dinars.

Internal and external debt service installments = 18.962 trillion dinars.

Expenses of oil licensing contracts with expenses.” Transporting Kurdistan oil = 15 trillion dinars,

importing gas & electricity = 4.841 trillion dinars,

electricity wages for the local investor = 2 trillion dinars,

total fixed burdens in the budget = 130.660 trillion dinars.

He added, "These expenditures are public burdens that are very difficult to reduce & their burden will be borne by the 2023 budget & the upcoming annual budgets, which in total are greater than the expected oil revenues, which amount to 117 trillion Dinars in 2023, which will expose Iraq to a major financial & economic impasse, the features of which will begin in the next year, especially If there is no significant increase in Iraqi oil exports & in world oil prices.