Gurus

Bruce

The Big Call

AUDIO REPLAY

It seems to an extent that we are waiting on Iraq to flip the switch for their own evaluation of their dinar publicly. We know it has been going up in value in country and on their debit card, the so called Qi cards for months now. We know it has not been made public on the CBI or anywhere else. …Where we are is Iraq’s Prime Minister Mahdi is to select or has already selected the cabinet for the Parliament, his cabinet. That is to be given over to the Parliament to vote in on Sunday. Now that is for I believe is for something of a formality. I think what has happened is President Trump had a conversation very early in the morning…with Abadi to get this thing done in terms what Iraq needs to do with their Parliament, the seating of it, to have that done as well as their rate out published in 48 hours. I believe they are going to do that.

I have heard they wanted to adjust the rates over the next day or two. Either Wednesday or Thursday they should have those where they want them to be for us to go. The rates are being traded upwards. So I am excited where we are going. We are coming up on it. I would say the intention is for this to go down in the next two to two and half days. Simple as that.  I know in Iraq they have plans to celebrate… Wednesday, Thursday, and Saturday. I think they are ready for something to pop over there or they wouldn’t be setting up celebrations. People are excited about it. The ones we are talking to over there are excited about it, and they see this happening.