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Kap’s mid-day comments 5/6/10


k98nights
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[kaperoni] just got off the phone with a bud of mine

[kaperoni] This buddy did business years ago when there was a russia and rubel

[kaperoni] If you did not know, the rubel was not a tradable currency either

[kaperoni] and the WTO would not take them

[kaperoni] well..we talked about the dinar and all the economic events

[kaperoni] and he said it all means nothing unless they rv and are in the WTO

[kaperoni] the meetings the US have planned in June, the foreign countries coming to Iraq

[kaperoni] all nothing unless they RV and get in the WTO

[kaperoni] now we know that, but it is nice to hear from someone who did business in the past with a country like them

[kaperoni] No it does not have to happen…just no one will do business til they do

[kaperoni] he said he even thinks China will stop doing business until they rv

[kaperoni] and the oil companies will stop

[kaperoni] that is the key

[kaperoni] the oil

[kaperoni] because these oil companies at some point want to get paid

[kaperoni] and want to draw money out of iraq

[kaperoni] and the boards of these oil companies want to see the cash

[kaperoni] so, he mentioned that may be the key

[kaperoni] to the rv

[kaperoni] the pressure

[kaperoni] to rv because if they dont, the oil wont flow

[kaperoni] flow

[kaperoni] right

[kaperoni] so we should watch what happens with these oil co and the contracts they have to develop them fields

[kaperoni] Here is another tidbit

[kaperoni] you know all them boats bringing stuff to Iraq?

[kaperoni] His feeling was these companies are bringing this merchandise in to store in warehouses pre tax

[kaperoni] if you follow me, Iraq is starting Tariffs

[kaperoni] in Imports,

[kaperoni] If they wait, prices go up 15 to 20% and shipping now saves that

[kaperoni] so much of that may be to get the merchandise there in advance of the tariffs and rv

[kaperoni] interesting

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MID DAY....................that's a funny one. Is that when he stops to have a pizza and a little ouzo and reflect on all the dinar info collected that morning so he can condense it down so we don't choke on it at lunch time?.........rolleyes.gif lol

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Again-Kaperoni has succeeded in posting a nononsense information sharing post. Now there's a viable explanation for the boats. They don't want to pay tax so they're coming to the party early. :lol: And we know there will be a party! Thank you for sharing the post. :twothumbs:

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