TNT:
[imperium] Seems the GOI had to do an "end run" around the USA holdups by calling a "reinstatement" which they have the right to do. Now that that's happened, the GCR/RV can follow.
Dinarious Ceasar: The R.I of the I.Q.D. should be right around $3.86 if you factor in inflation rates over a twenty year period (per Dr. Shabbibi in his address given at the US Chamber of Commerce 3 years ago). Also noted in the S.O.F. Agreement 10 years ago.
Eccl519: Kuwait as I understand it was Reinstated to what it was before. The reason the rate went way up ($9+) because of the market demand. It went back down soon after
KnightHawk: There is only one of two choices right now. Either the US gets their crap together and releases this RV for us at those contracted prices or the world leaves us behind and the only number we get is the international rate across the board wtih both CHina and US losing oil credits…. Basing it in part on the call and the way international contracts are written
Wildduck: :ok for illumination and understanding , 72 hours is the time frame for the algorithm of Babylon II software to renumerate the price ratios with 198 nations when a price change occurs from what was programmed before. As an example, 3.71 in the box 3.22 needs to be put in and adjusted to all the other rates ….the rate will hit all bank screens in USA and then currency traders, the lag time will not be much imo……i would be lacing up my track shoes
[imperium] Seems the GOI had to do an "end run" around the USA holdups by calling a "reinstatement" which they have the right to do. Now that that's happened, the GCR/RV can follow.
Dinarious Ceasar: The R.I of the I.Q.D. should be right around $3.86 if you factor in inflation rates over a twenty year period (per Dr. Shabbibi in his address given at the US Chamber of Commerce 3 years ago). Also noted in the S.O.F. Agreement 10 years ago.
Eccl519: Kuwait as I understand it was Reinstated to what it was before. The reason the rate went way up ($9+) because of the market demand. It went back down soon after
KnightHawk: There is only one of two choices right now. Either the US gets their crap together and releases this RV for us at those contracted prices or the world leaves us behind and the only number we get is the international rate across the board wtih both CHina and US losing oil credits…. Basing it in part on the call and the way international contracts are written
Wildduck: :ok for illumination and understanding , 72 hours is the time frame for the algorithm of Babylon II software to renumerate the price ratios with 198 nations when a price change occurs from what was programmed before. As an example, 3.71 in the box 3.22 needs to be put in and adjusted to all the other rates ….the rate will hit all bank screens in USA and then currency traders, the lag time will not be much imo……i would be lacing up my track shoes
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