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Guru Jeff: "We're in a great position..." (Yawn) 10/27/20
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Guru Jeff: "We're in a great position..." (Yawn) 10/27/20
Guru Jeff
We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
...This is what I think the chain of events will be...the borrowing law has to get done first. Then my opinion is I think they will change the rate...they haven't even started creating the 2020 budget because the rate hasn't changed yet...I don't think they will complete the borrowing law until very close to around November 21st. I have my eyes right now on around the second half of November...
We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
...This is what I think the chain of events will be...the borrowing law has to get done first. Then my opinion is I think they will change the rate...they haven't even started creating the 2020 budget because the rate hasn't changed yet...I don't think they will complete the borrowing law until very close to around November 21st. I have my eyes right now on around the second half of November...
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