I do believe this will happen but on Iraq's time table.
I believe it will happen in less than ONE YEAR of the Chapter VII announcement of June 27, 2013.
Considering Iraq was punished for 23 years from 1990 until 2013 having an RV within ONE year of the announcement is a reflection of all the progress the country will have made.
I am thinking more and more of a .86 cents IQD CBI rate.
Will there be a PREMIUM in the US due to the deal the US Government has for $35 barrels of oil? I suspect there is a very good chance they may be.
What kind of premium? Not as much as the hopium crew suggests. Remember there is somewhat of a monopoly here with all IQD flowing towards the UST. I am thinking the most one might get is perhaps $1.50 or something total. I mean think about it, the UST does not even have to really offer a premium and people would turn the notes in for .86 cents IMO. Even at .86 cents it is a quadruple grand slam even if you bought in late in the game at $110 per 100K! Even then it is a life changing event if you have 500K to 1M IQD. At least if you then take those gains and invest them properly.
When my time on earth is gone, and my activities here are passed, I want they bury me upside down, and my critics can kiss my ass!
Robert Montgomery Knight - The General
