Article came out about mobile apps being developed in Iraq for processing payments…
Here’s what I want to throw out there…
It [the dinar value increase] IS around the corner, I don’t want to put any date on it BUT to give you an example it’s at a 10th of a penny…these guys wouldn’t be developing apps if they weren’t going to add value to it…
Third world countries don’t have apps that are being developed when their currency is so low…
So it is being developed for that process cause it’s coming down the road.
Is it one month? Two months? Three months down the road indicator?
No. I’m all about measure and I don’t know how to measure that.
It’s very simple…if you see someone and they have a car frame and it’s just sitting there and they have an engine and it’s just sitting there separate and they’ve got wheels and they’re separate…
You know they’re building a car especially when you look at the parts…you probably can tell what type of car they’re building. Is it going to be a race car?
Well if they’re using race tires and an engine that’s bigger than what everyone else’s then it’s pretty much going to be a race car right?
So that’s what we’re looking at.
That’s the only thing I can go by.
To me it sounds goofy when I have to use that type of example…
A lot of people got into the dinar because of intuition but I don’t calculate by intuition.
I don’t believe in it.
I don’t believe in hope.
I don’t believe in any of that stuff.
If I can’t see it.
I can’t measure it.
I can’t invest in it.
So you know this is an indicator but it’s nothing that’s measurable so you have to be very cautious when looking at it.
So very very good articles coming out.
