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The US Treasury announced, on Wednesday, that Iraq enhanced its holdings of US bonds to far more than 1 billion dollars during the month of August. A single of the essential trends in the silver industry more than the previous year has been the steady drain of silver from the COMEX's registered inventory. Which has gone from 150 million ounces during the silver squeeze weekend in February of 2021, down to 27 million ounces as of final week. Having said that, what is regarded as a “reality” is that the government does not have sufficient funds to implement investment projects. On June 12, the Residence of Representatives authorized a 3-year budget that relies on oil for 83 % of its revenues. Nuri added, “If it requires the implementation of all budget things The financial ceiling will be covered by borrowing, and investment projects will most likely not be completed.
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