Buy and Sell
- 18,95 $
Fri Sep 13, 2019 11:53 am
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Good morning all!
Just a quick note this morning, because I'm bubbling with excitement over the recent progress and feel compelled to get something up here.
No, we don't have an HCL... and no, there has been no RV announcement.
But, boy howdy, talk about tracking!
Iraq, the CBI, President Trump, and the Easter Bunny all have something in common: NONE of them are going to give us a specific "heads up" when Iraq is about to pull the trigger on a ReValuation of the Iraqi Dinar.
Our job here is to be informed, engaged, and prepared.
OIL is over my forecasted/predicted/anticipated mark of $60. A member pointed out last week that the benchmark price I chose is WTI, which is not necessarily "Iraqi Oil", and to be fair it has been some time since I explained why I chose WTI as a reference point. Quite simply, WTI is a commonly used price that can be used to reasonably gauge activity across various markets. Since actual daily Iraqi production and sales are not readily available, it makes sense to track another index or marker that has a more reliable report available.
As of this writing, oil (WTI) has surpassed $60 and is on a steady pace (slow and steady wins the race!) upwards.
This isn't the only thing that matters, of course. The ReValuation (RV) of the Iraqi Dinar isn't hinged on any one item by any means! It is a culmination of many moving parts, and OIL is only one of them...
... but OIL is a big piece, and it's performing exactly as we we want.
I'll post a more in depth update later, but one other item is on the news - BTC.
I wouldn't get super excited about it, but the gains on BTC this week are definitely worth looking at. More on that later as well.
As always, GO RVVVVVVV!!!! The stars are aligning.
More to come later.
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