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Breitling: "there it is from the CBI...Look how much the currency has dropped" 1/2/20
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Breitling: "there it is from the CBI...Look how much the currency has dropped" 1/2/20
Breitling
...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you.
1/2/20
...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you.
1/2/20
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