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Happy Man

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Posts posted by Happy Man

  3. Adam Montana Weekly 3 August 2016

    in Chat Logs

    Posted

    I have to desagree with Adam on the price of oil. I dont see it going above 55$.

    All over the world there is no inflation and the economy is stalled. In fact we are now in deflation with the QE that is being done in EU, JPY and soon in GBP.

    The production cost are getting lower and unless an oil cartel from (US, middle-east)  agrees with oil quota we will have more oil than we can consume.

    Oil above 55 will not happens unless there is an all out war in the middle east.

     

    • Upvote 2

  6. Adam Montana Weekly 17 Feb 2016

    in Chat Logs

    Posted

    Adam, when you say this:

    You know what it is... HCL. So the question at this point is "Will the HCL ever happen"?

     

    Well, consider one thing... the price of oil. 

     

    Has the price of oil changed, or are we seeing a major reason for it to? Not really. And 

    I don't think this is a coincedence, but there's also been a distinct lack of discussion on 

    the HCL lately as well.

     

    When oil starts moving again, then HCL will ramp back up, and that's what I'm keyed in 

    on right now.

     
    Then you've got me concerned cause I dont see how oil price could move up in any significant manner.
    Too much worldwide production and worldwide economy is stalling.
    Even if the economy were to pick up I see the price of oil being between 30 and 45$ at most.
     
    There is just to much oil production at the time.
    I just hope we are not waiting for oil price to be over 70$ for an HCL and/or an RV.
     
    It would really bring me to a point to test my patience.
     
    Thanks for all the info Adam.

  9. Time Frame (Approx)

    in RV & Dinar Questions

    Posted

    Seems like more and more good news is pouring out of the Iraqi news sources every day.  This is pure speculation on my part but I am thinking most of the following could/should occur prior to the RV (in no particular priority):

     

    Currency auctions stop.

    Judiciary laws are updated.

    Corrupt judges replaced and, possibly, indicted.

    Maliki and associates are in custody and on a one way ticket to who knows where.

    Shabibi is announced as cleared of all previous charges and exonerated.

    Shabibi is announced as CBI Governor.

    The absconded funds (or most of the funds) of Maliki and associates has been confiscated and returned.

    Necessary reforms are in place to prevent Maliki and associates repeated behaviors by others.

    Full blown amnesty achieved.

    Full blown national reconciliation actively in place.

    National Guard provisions announced and Iraqis implementing the provisions.

    ISIS is no longer any significance.

    Turkish troops have returned and are completely out of Iraq.

    Iranian troops have returned and are completely out of Iraq.

    Coalition forces presence announced as winding down (and actually winding down) with local Iraqi National Guard seen as preeminent in enforcing Iraqi policy.

    Tariffs and Trade Laws fully implemented and active.

    Lower denominations are on the streets.

    Standard and Poors, Moody, and/or Fitch announces a significant Iraq credit rating improvement.

     

    The list is long but the Iraqi news articles over the last few months, especially the last two months, seem to point to where these items could be a tangible reality in the not to distant future.

     

    My opinion is Iraq needs to demonstrate, in various ways, Iraq is a National Sovereignty over Iraqi territory and prosecutes injustices effectively without another countries help or interference before the RV is announced.

     

    With the very recent positive HCL related news items and the Iraq 2016 budget approved, I can't imagine a lot of the above listed items not being in the news soon.  Some of the items listed above may have already been announced.

     

    Your opinions are appreciated as well as any other items you may be looking for. 

     

    Thats a great summary

     

    We just need to see and one day...

     

    I will recieve a text message that will take my breath away and it wont be from my wife :)

    • Upvote 2

  11. Adam Montana Weekly 2 Dec 15

    in Chat Logs

    Posted

    From all the I have studied on the price over the last year, I feel oil will stay low through next year before it tips back up sometime in 2017. To many players in the world wide oil market now Sorry OPEC , you shot yourself in the foot..

     

    I dont see oil prices going up. Even if OPEC stop production there is enough oil from from other countries like Canada and US to cover the that.

    There is an over  capacity at the moment.

     

    Oil look a lot like Nat Gaz some years ago. and people were saying it as to go up but it never did.

     

    The economy is stagnant and will be for another 10 years unless there is a mojot war in the middle east than its going to be fear more than capacity that would move oil price up

  16. Questions for Adam's Update 10-28-2015

    in Chat Logs

    Posted

    Concerning Iraqi bond offering.

     

    If I understand correctly, Iraq has removed this offering because of lack of interest from the international community.

     

    If there is a lack of interest for bonds, how can IQD new value will be sustained?

     

    Dont think Iraq will be able to sustain the value on their own.

     

    Would the international community sustain IQD but not bond from Iraq?

  21. Sterlings latest email

    in Chat Logs

    Posted · Edited by Happy Man

    I dont know how many IQD theFBI have confiscated but I wonder what will they do if it RVed while they have them in their possession.

     

    Its one thing to request refund for millions, its another things to requests the same refund when its worth billions.

     

    this shows one more reason for OSI.

     

    Goverment cant take control of money that you dont have in ur bank account

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