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Restored Republic via a GCR: Update as of Nov. 16, 2019

Restored Republic via a GCR: Update as of Nov. 16 2019 Compiled 16 Nov. 2019 12:01 am EDT by Judy Byington, MSW, LCSW, Therapist ret, J...

Tuesday, December 6, 2016

"We Must Wait Until December 9" - Yours, Anonymously - 12.6.16

Entry Submitted Anonymously at 12:40 AM EST on December 6, 2016

Hello Everyone,

RE: http://inteldinarchronicles.blogspot.com/2016/12/paris-agreement-gesara-rv-op-ed.html

The next key date we need to look out for, appears to be, December 9.

OPEC will hold talks with non-OPEC producers on 9 December to agree on oil production cuts. Russia is a non-OPEC producer and make up the lion share of this group.

It is this agreement that will stabilize oil prices at a level, so all participating oil producers are comfortable, or accept to live with the revenue they will generate for their countries.

Based on the assumptions of what is specifically still required to achieve the desired outcome, in order to release the RV/GCR (through the Paris Agreement figures), is if Russia agree to reduce 300,000 Barrels of oil per day from their production, it seems the remaining balance of production cuts will have to be shared by the other non-OPEC producers. OPEC have already agreed as a group, their production cut levels.

It is stated that Grandfather has done his part last week, knowing that Russia will officially agree to their oil production cut (that they already agreed to previously, in principle), on December 9. Grandfather and Russia were probably waiting for OPEC to finally agree to their oil production cuts, to ensure all oil producers are satisfied.

I suppose the next port of call in terms of timing, is how long after the meeting on December 9, will the countries take to ratify the Paris Agreement (reduce carbon emission output), to reach the said 2/3 majority support, to trigger the release of the RV/GCR?

IMO, I am thinking it will take up to circa. 7 days after the December 9 meeting, so December 16.

Please also note, UN Operational Rates (Exchange rates) are next released, on December 15, if I understand correctly.

I hope this helps

Yours

Anonymous

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