AN EASTER RV??

[Artitech]

Well if any this is true, I think I will take a stab as to who will be the 1st bird in the mine, so to speak. I think the active duty military and veterans will be on the front lines of any experiments, with this technology! 🤠 JMHO 

[KristiD]

No surprise the ISX delayed, for the 5th time, their reopening to April 25th.  I still say this month looks great since the auctions, as far as we can tell, stopped in March (they have only sporadically executed/settled auctons from last month so far in April) and the ISX remains closed.  The theory that Iraq is transitioning back to a April 1 to March 31 fiscal year does make some sense, and if so, we would expect Iraq to RV pretty soon since we are alreay well into April.  To me, the biggest factor pointing to an imminent RV is low oil prices.  Iraq is so dependent on their oil sales that they are running a huge deficit every month.  Lucky for them, they have a quck way to mitigate that by stopping their program of artificially maintaining such a ridiculously low value on their curren y, and just let it move much closer, or even up to, its real market rate.  We've all been watching for the past year and a half all the things Iraq seems to be accomplishing toward that end......  So I really think this month may be our month! 

 

The suspension of trading activity continues until Saturday, April 25, 2020 for the continuation of the comprehensive curfew in Iraq
04/16/2020 11:55    link

 

[lmb4321]

Well said KristiD.....I'm with you....14 days till May....

Let's see what happens...

Stay Safe and Healthy.....