Bruce says - "I see things happening. ...I really think we are going to have a really good week and weekend. "

by **Ponee** Wed Mar 13, 2019 5:55 pm

Intel Guru Bruce

[via PinkRoses] What we are hearing is regarding Iraq, you know they passed the HCL law, Oil and Gas Law. ...What that did was not only a certain amount of the profits or proceeds from oil and gas exploration in Iraq to go to Kurdistan and also to Bagdad, and so on to pay for the government, but the citizenry of Iraq and Kurdistan are also to be paid a percentage of the Oil and Gas revenue. That is part of the deal. The good news is as you know they have Qi...cards which they are paid on...the Qi card that I am referring to will hold revenue from oil and gas from Iraq, and that will be available to use at the new rate for the Iraqi Dinar Thursday morning..

We think we are done with Iraq. We know that the Iraqi dinar was supposed to be pre-trading...Sunday...We think it is continually trading, but possibly not officially on the screens. We know they had a pre-traded start rate in the $6.73 range. It was to go up from there as it was traded...The Dong was going to start pre-trading at one hour before the markets opened on Monday morning...What is interesting to me is the Vietnamese Dong is supposed to be as a result of China wanting it to be comparable to the Iraqi Dinar...How do we define comparable? We believe it means within 5% of the Dinar. That is a tremendous value not only for the Dinar as it continues to climb in value, but the Dong to be comparable to the Dinar is way more than we all thought it could be years ago.

...Everything is looking like we are set on Go from this point on. Could this be our week? A lot of people think so...I believe we should have the result we are all looking for before the end of the week...I am excited...as much as I have ever been because I see movement. I see progress.

I see things happening. ...I really think we are going to have a really good week and weekend.

03.13.2019