Adam Montana -- Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!

by **Ponee** Thu Sep 10, 2020 7:01 pm

Adam Montana

Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL.  The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...

Article: "The regional government delegation arrives in Baghdad to discuss the budget"   ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!

Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week."    [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming.  Soon. I don't use that word lightly!

09.10.2020