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9-24-2015 *Kaperoni

Rumors, Chats & Guru Predictions from other Dinar Sites. IDC does not necessarily agree with, or endorse any of these posts.

9-24-2015 *Kaperoni

Unread postby Vixen » Fri Sep 25, 2015 10:29 am

9-24-2015 *Kaperoni ~I think the reality is...that the reserves will continue to erode as the IMF and others have stated if they don't fix the problems quickly. Unpegging the currency is not an option at this point until the conditions turn for the better. So they have to find alternative sources of revenue, increase oil production, reduce corruption, etc. in order to sustain the auctions. It's up to them. Otherwise, the reserves will continue to go down...which will end hurting the confidence in the dinar, and ultimately as some have said (Bloomberg), the dinar will need to be devalued.
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