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Bruce says -- The rate came out a little under $15
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Bruce says -- The rate came out a little under $15
by Ponee Sun Apr 25, 2021 8:59 pm
Bruce
Iraq did put their budget in the gazette – the printed version – last Saturday...what’s interesting about the gazette is – it is supposed to come out again on Saturday in print to put it out so that it could be released internationally - and that means even to us - because they’ve sort of released it I think within Iraq – maybe to other countries in the Middle East – trading partners of theirs - Saturday is supposed to bring the gazette out to where even we could see it – that means they should have the budget out – and their rate for the dinar...The rate came out a little under $15 and I don’t know if that is where it will stay for right now but I think they wanted it to be traded up a little higher than that...so that is good news for us...
From what we know there was one more thing...the dong – because of the international trading partner relationship with Vietnam and even with Iraq - that rate may come out between 6-8 % below that of the dinar - which is way higher than we thought it would be - that does not mean that it is going to stay there forever – you realize we are getting rates to show up and last for a month or so – before they’re maybe taken down or brought out on par – meaning even with – the USTN or new US Dollar. So for Vietnam to come out with their rate on the dong – we kind of need to have a rate that they can see on the dinar – if they plan to come out between 6 and 8% below that...
...so that’s why I think that one last thing could be the dong...obviously this thing is a moving target – we got all excited because we think it’s here – we think everything is done – and there is always that last one thing...all we can do is move forward when the time is there and we get our notifications... yes we thought we have been here before but we have NOT been here before – This is New – and every day that I get 2 or 3 or 5 nuggets of information – I’m excited because the picture puzzle is starting to get more and more complete...I am very encouraged – I can see some light at the end of the tunnel...
...there have been over 1100 arrests – in the last several days there – these have been bankers- financial people – Iranian sympathizers - have all been arrested and removed from the scene - this was done in 4 major cities – these arrests needed to happen – and they also I think paved the way for us to move forward – so in other words with that done and the rate for the dinar going into the gazette and being internationally seen on Saturday - I think basically that takes Iraq and we can maybe close the chapter on Iraq...
Iraq did put their budget in the gazette – the printed version – last Saturday...what’s interesting about the gazette is – it is supposed to come out again on Saturday in print to put it out so that it could be released internationally - and that means even to us - because they’ve sort of released it I think within Iraq – maybe to other countries in the Middle East – trading partners of theirs - Saturday is supposed to bring the gazette out to where even we could see it – that means they should have the budget out – and their rate for the dinar...The rate came out a little under $15 and I don’t know if that is where it will stay for right now but I think they wanted it to be traded up a little higher than that...so that is good news for us...
From what we know there was one more thing...the dong – because of the international trading partner relationship with Vietnam and even with Iraq - that rate may come out between 6-8 % below that of the dinar - which is way higher than we thought it would be - that does not mean that it is going to stay there forever – you realize we are getting rates to show up and last for a month or so – before they’re maybe taken down or brought out on par – meaning even with – the USTN or new US Dollar. So for Vietnam to come out with their rate on the dong – we kind of need to have a rate that they can see on the dinar – if they plan to come out between 6 and 8% below that...
...so that’s why I think that one last thing could be the dong...obviously this thing is a moving target – we got all excited because we think it’s here – we think everything is done – and there is always that last one thing...all we can do is move forward when the time is there and we get our notifications... yes we thought we have been here before but we have NOT been here before – This is New – and every day that I get 2 or 3 or 5 nuggets of information – I’m excited because the picture puzzle is starting to get more and more complete...I am very encouraged – I can see some light at the end of the tunnel...
...there have been over 1100 arrests – in the last several days there – these have been bankers- financial people – Iranian sympathizers - have all been arrested and removed from the scene - this was done in 4 major cities – these arrests needed to happen – and they also I think paved the way for us to move forward – so in other words with that done and the rate for the dinar going into the gazette and being internationally seen on Saturday - I think basically that takes Iraq and we can maybe close the chapter on Iraq...
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