CNN. Broadcasting While Pulling The Trigger On My Clown Squirt Gun - Take That Luigi !
11-4-2016 Newshound Guru Breitling Iraq has oil...that’s it. So if they’re not making money on the oil they have to get it from somewhere else…right now they are in a restructuring stage. I get asked all the time, "when do you think it’s going to revalue?" It all depends on how far they can go and afford restructuring. Meaning how long can they go keeping their currency low and restructure for cheap? Well guys that’s coming to an end. they can’t do it any longer because of the market and the price per barrel. That’s why you’re seeing all these articles coming out and more and more from the CBI saying “we’re going to do it…we’re going to pull the trigger.” and that’s why people should be very very excited because it’s coming down the road and its not hype. It has to do with they’ve been kind of cornered. Having said that…
11-4-2016 Newshound Guru Breitling I don’t believe for one second that you and I will wake up and the very next day it will be a $1.17. They’ll stage it but it will go up and that’s the point. They’ve been telling everybody for years. What are the 3 main things we have to look for to make sure this thing is staged correctly? We watch the note count. We watch the competition within the country with what the dinar is competing against…the U.S. dollar mainly. And the auction floor. And it’s all coming full circle. They’ll be able to add value to their currency. They’ll stage it correctly they’ll be able to participate on the planet. So whatever they are not making in oil they can invest in other business on the planet. That’s how they’ll benefit from it.