Bruce’s Big Call Intel Thursday Night 8-20-20
Bruce’s Big Call Intel Thursday Night 8-20-20
Call Transcribed by WiserNow Emailed to Recaps
Welcome everybody to The Big Call tonight – it’s Thursday August 20th and you’re listening to The Big Call – Thanks for tuning in everybody –
Now, let’s talk a little bit about some intel – let’s talk a little about where we are tonight and why we’re not fully celebrating in joy quite yet – let’s see first we got to talk about the Iraqi delegation that came in and I think I mentioned this to you on Tuesday’s call – they made it in at 11:30 am Monday – This was a delegation of nine total (9) and we had a delegation of 26 in the room for meetings –
They started the meeting yesterday at 5:45 PM went for half hour – and then this morning they resumed meeting at 8:15 am and don’t know exactly how long they went today –
So they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things - not sure on the specifics – and two of the delegation went back to Iraq already today – and 3 more are coming from Iraq tomorrow –
We know the majority of the people in the delegation are waiting around to let this agreement period settle for a day - that is what I heard earlier today - before I heard 3 more people were coming to from Kurdistan representing interest up there and 1 more representing the electricity interest for the country as a whole – could be a minister of electricity – it could be that simple – so those 3 are coming in so they can meet tomorrow –
So ---- are we going to see a rate change for Iraq anytime soon? We think they usually do that on a /Wednesday or a Saturday – we heard there was a new rate – it is not as high as the in-country rate that I talked about last week – so I am not sure what is going on there – or what that actually is if it has changed
And we know what the timing looks like – they may do something more internationally on Saturday – as far as the rate is concerned for Iraq – so we still have Iraq meeting there with 2 that have gone home and 3 more arriving for meetings tomorrow - So that sort of takes care of where we have Iraq right now
The other things that we expected – several people – I’m not the only one – we’re looking for something to pop – between Wed – Thurs and Fri – I don’t know if we’re going to get anything specific but I do know this - I did get from a top banking source – that the switch was pulled at 4PM this afternoon - now – what exactly happened? I think they did that – they pulled that because QFS which uses block chain technology has been doing beta testing on various types of things for weeks and probably longer - and my understanding is that is done now – and the QFS is lined up ready to go
We also heard from the same individual that at 2 am tomorrow Friday – the liquidity will be released – now my question is to always go deeper and find out more than I’m getting for a simple statement like that –
Liquidity to be released at 2 am Eastern – What does that mean and who is it being released to? Right? – Could it be released to make liquid the SKR’s? Could it be made liquid and liquidity released for the intermediate groups that still have not been funded? You know those groups were between tier 3 and tier 4 – the larger – Fines & Penalties – Adjudicated settlements – Native American tribes – Farm claims etc etc - There’s a number that filled that –
We know that we have 4 private humanitarian church groups – one of which was supposed to start today – with appointments set – I don’t believe that has yet occurred - those again are out there on deck – ready to start –
So what will happen tomorrow after 2 am Eastern for liquidity - we’re just going to have to wait and see what we find on that – because – it could be regarding tier 3’s - skr’s being made liquid and having available funds – lot of accounts have a hold on them – some of the owners can see these accounts - see the money in there but a hold on accessing the funds – this we know is taking place –
We had heard that after Pres Trump met with the Iraqi delegation along with the other US contingent – that this would roll out shortly after today – now maybe it did if we count 4 oclock as a start time and then tomorrow at 2 am as liquidity release – but I just have a feeling – there were just a few more things that Pres Trump was trying to get done today before he left to go to Pennsylvania –
I’m not quite sure where that stands now - they may all be complete – I know Pres Trump is a man of his word and he gets things done so we have to believe that if this does not get released tomorrow – my understanding is it’s a couple days away - I usually think of a couple as 2 and a few as 3 –
Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t – I’m not trying to call it – I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility
So I am going to say we are on a day by day basis – we could get something meaning for us on a day by day basis –it’s really important at this time to say “am I ready” ? for this to go on a day by day basis - most of us would say yes –
So beyond that in terms of where we are – we are still waiting – that is where we are - still waiting – for some aspect of finality - there may be more that Pres Trump needs to do - we realize he did a wonderful job with the Peace Accord - the Peace agreement he put together between Israel and UAE – and that may actually be a template for more middle eastern countries to come on board with that form of agreement – maybe there is a little more to that –
Yes Pres Trump is the unifier – he wants to unify North and South Korea as well – into one nation as “Korea” - that is coming - there are a lot of things out there that he’s doing internationally – and he’s also working on another second trade deal with China - behind the scenes – there are things going on there - he did put together an opportunity for people that had those 1902 Chinese Railroad Bonds – to be paid by China – and there was a group based in Tennessee and a woman handling those for people who had those bonds throughout the country –
My understanding was that last Monday Pres Trump arranged for those people to be paid on those bonds – there was an excessive amount of interest that had compounded he was able to negotiate with those bond holders to where the excess interest from around 1970 something – to present was in the over 1 trillion dollars – enough that he was going to set that money aside for our infrastructure in all 50 states -
He is always looking at trying to look at making things work for everybody – You realize by executive order he extended the unemployment for people for 300-400 a week where Congress would not pass anything for you – He did that by executive order – there are all kinds of things that he has done and is continuing to do for the American people
I am excited about where we are – I know this is not an easy time for any of you but I know we can find the joy in every day things if we look – if we search for it – Thanks everyone for listening Have a great weekend -
Bruce’s Big Call Replay Link Intel Begins: 56:06