Wednesday Midnight Guru Opinions - 6/26/2019

[ronscarpa]

6-26-2019   Newshound Guru Adam Montana   ...This time of year has historically been big for Iraq. Monumental items like Chapter 7 unfolded in late June, and there's another important event right around the corner:  The G20 Summit.  Quote:  "The Group of Twenty (G20) is a global forum comprised of twenty of the world’s largest economies, focused on addressing global economic challenges. Its membership includes nineteen countries—Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States—and the European Union."  You probably noticed that Iraq is not on the list. In that case, it might not be immediately obvious why this even matters to us, so I'll explain a small part of it...(post 1 of 2)... 

 

6-26-2019   Newshound Guru Adam Montana   Even though Iraq isn't technically "present",  it's not difficult to understand that anytime oil, money, gold or gifts leave Iraq - they are touched by one or more of those major players listed above. For Iraq to be successful in raising the value of their currency, they need to be able to operate their business, and the G20 Summit will have an effect on how the global money game is played for the next year. Once the Summit has concluded, Iraq may change their tactics slightly, but most importantly they will be free to make a decision and act accordingly.  It's a big deal, and it's good.  So although I don't expect an RV announcement to be made at the Summit, or directly because of the Summit, I do think it's reasonable to expect some actions after the summit...(Post 2 of 2)...  You can read Adams whole Chat in Chat Logs: Adam Montana Weekly 26 June 2019

6-26-2019   Intel Guru Eagleone2025   [via PDK]   ...CALLED MY HSBC CONTACT...HE SAID THEY WANTED TO GET THIS DONE IN THE NEXT FEW DAYS...G-20 SHOULD UNFOLD A LOT... ALL THINGS ARE MOVING ALONG GOOD… MEETINGS THIS WEEK HAS GONE WELL… ALOT OF GOOD INTEL OUT THERE… ALL WE CAN HOPE FOR THAT THE TOP FOLLOWS THROUGH SO WE CAN GET THIS RV DONE…MILITARY CONTACTS AND WH HAVE SAID THAT MOVEMENT ON THIS WHOLE THING IS REALLY GOING TO MOVE VERY FAST VERY SOON…REMEMBER THIS IS A DAY BY DAY PROCESS…. MY CONTACTS OUR [ARE ?] SAYING THIS IS MOVING ALONG VERY GOOD. (This is made up BS imo..!)

6-26-2019   Newshound Guru Breitling  ...Iran and currency and Iraq being a backdoor advantage...is specifically because of the U.S. dollar.  So if Iran is cut off from the US dollar market wise they could probably funnel some US dollars or use U.S. dollars through Iraq.  But that is being shut off.  Iraq can see the light and they're pivoting.  This is crystal clear what is happening.  They might even support Iran and have empathy toward Iran but they know who's going to win at this.  They know the result and they don't want any part of the losing team at all.  So it's kind of a hard pivot...It's kind of amazing.  You can see it in the news.  You can see what they are doing through the GCC.  Through all the stuff that's coming down the road...

 

 

[Artitech]

Hope you are doing better after your wreck, Ron ! Glad to see you posting again!

[eastcreek]

5 hours ago, Artitech said:

Hope you are doing better after your wreck, Ron ! Glad to see you posting again!

Add me to the list... Ron Scarpa, how are you doing ??? We hope you're recovering quite well !