Like I mentioned last week, it’s my feeling that our Dinar situation is tied VERY close to oil right now.
We were at what I felt was the bottom (around $30ppb), and the same sources are showing about a 3% gain this week.
That’s nothing special, it doesn’t signify a strong stability yet, and I’m not surprised to see so little in the news about HCL yet.
It’s just not enough of a change to get anyone motivated, and that shows in the news feeds.
This might sound crazy, but I actually don’t want to see a huge spike. IMO the best thing we can see right now is a steady increase, or even some more flatlining.
When we’ve seen about 2-3 weeks of stability, that’s when I will start getting excited.
That might have sounded a little humbuggish, but really it’s not.
Iraq is doing a great job in all aspects.
The only thing I’m humbuggish on right now is the prospects of an RV this week.
Give me a couple weeks of stable oil prices, and that should all change.
