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6pm April 8th, 2016

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Table of Contents

More News, Rumors, and Opinions Late Friday Afternoon 4-8-16

 KTFA:

Aggiedad77:  I'm of the opinion that maybe they are finally being somewhat realistic with their goals for the budget...(see article below) ...

Even at $32/barrel for oil, the Brent benchmark price would need to maintain something at least at $40/barrel for Iraq to consistently hit $32/barrel......and with this cut in their oil budget....where else are they intending to cut.....this is downsizing their revenue expectations......

If they do nothing else then the deficit floats up accordingly......give and take......good start....but keep up the good work.....follow through is what it is all about.....get those technocrats on board who are sharp cookies and turn them loose with their ideas.....

Wonder what will happen then. Aloha  Randy
....

More News, Rumors, and Opinions Late Friday Afternoon 4-8-16

KTFA:

Aggiedad77:  I'm of the opinion that maybe they are finally being somewhat realistic with their goals for the budget...(see article below) ...

Even at $32/barrel for oil, the Brent benchmark price would need to maintain something at least at $40/barrel for Iraq to consistently hit $32/barrel......and with this cut in their oil budget....where else are they intending to cut.....this is downsizing their revenue expectations......

If they do nothing else then the deficit floats up accordingly......give and take......good start....but keep up the good work.....follow through is what it is all about.....get those technocrats on board who are sharp cookies and turn them loose with their ideas.....

Wonder what will happen then. Aloha  Randy
....
Part 2:

Mountainman:  The BIG 5 are taking A DIVE.......Poor Banks.....Meanwhile the Little Guys are being "SQUEEZED OUT" of Business, that is.......Sad

but as You have said DOC...... it Appears that {OIL} will be Used to Equalize the Economies.....As the Monetary Olympics CONTINUE........IMO

Thunderhawk:  Backdoc Alert

Moody's Sees $9 Billion Hole at U.S. Banks in Worst-Case for Oil

Wall Street's biggest banks need to set aside more cash to cover losses as low oil prices take their toll, according to Moody's Investors Service.
....

  

Backdoc, Thunderhawk and Mountainman 4-8-16  Part 1

KTFA:

BACKDOC:  NO MATTER HOW MUCH JANET YELLEN TALKS ABOUT A 2% INFLATION RATE GOAL CHRISTINE IS BEING HONEST. 

SHE AT LEAST ADMITS THERE IS BASICALLY NO GROWTH IN THE WORLD ECONOMIES!

IS IT ANY WONDER THAT THE IMF SAYS TO THE EMERGING MARKETS, HEY GUYS YOU CAN ACTIVATE YOUR REFORMS!  HEE HEE     DOC IMO

Mountainman:  Well.......There has to be A SHIFT at Some Point.....Yes ALL is Poised to Change Gears.......The Economic Forecast is NOT Good if You are in the Markets.....Will the Fed change Rates this Month......Sure seems APRIL SHOWERS are About to bring Out those May Flowers......IMO.....But Hey......I'm Not A Weatherman Anyway.......LOL.......(8)=New Beginnings
....

Dinar Updates Thursday PM Chat  4-7-16    Part 2 of 2

firefly_ says():Design and implement an Integrated Financial Management Information System (IFMIS) with the assistance of the World Bank; as a first step, adopt, by end-April 2016, a road map detailing its core functional requirements, such as: the chart of accounts, multi-year expenditure tracking; carry-over of resources from one year to the next; and management of advances and cash management arrangements.
 
_firefly_ says():adopt, by end-April 2016,
_firefly_ says():adopt, by end-April 2016,
_firefly_ says():IMF's words, not mine
 
magnetlady says():WAHOO firefly
magnetlady says():Sounds great to me.
 ~~~

Dinar Updates Thursday PM Chat  4-7-16    Part 1 of 2

Dr Dave says():Did not Parliament approve Abadi's reforms......
Baxter says():Not yet...
Dr Dave says():I agree 100 percent
Baxter says():they had 10 days as of April 1..
Dr Dave says():I mean they voted to approve his refoms a few mos ago
 
jeffusa says():The following is a summary of the strikes conducted against ISIL since the last press release:

Syria
 
* Near Al Hawl, one strike struck an ISIL tactical unit and destroyed an ISIL mortar system.
* Near Idlib, one strike struck an ISIL tactical unit and destroyed an ISIL vehicle.
* Near Manbij, one strike struck an ISIL tactical unit.
* Near Mar'a, one strike destroyed an ISIL fighting position and an ISIL vehicle.
~~~

News, Rumors, and Opinions Friday Morning 4-8-16

 WSOMN

StarGazer:  4/22 - the new Shanghai Gold Exchange launches its Gold Spot Price -april looks good

RaginCajun:  Monday is the deadline for announcing their government, Shabibi will come back early next week, than bam we go to the bank...IMO

 RaginCajun :  Frank is saying the cabinet is a done deal, waiting for the speech from dr. shabibi, he could do it this weekend...........our lives are going to change forever this month

It's About Time: : ROLLING STONE : ROTHSCHILD CORRUPTION GOES MAINSTREAM (sorry for the caps, it came that way)...
....
The below posts were in our 10am newsletter
( Thank you George for emailing this so Recaps can post it.)

MNT GOAT NEWS LETTER             Edition: UU6922                Dated: April 8, 2016
Title: "Monday is Almost Here!"
 
Hello Everyone,
Lots of news this week. I have tried to bring it to you as it was delivered to the news channels.
 
Last weekend I checked in with my CBI contact in Iraq and I brought you good news from these folks too. So we all have the basic plan and outline of what is about to happen next week. We all should know the pieces to this recent puzzle we are trying to see. There is not much we can do now but pray, pray and pray some more this plan all comes together very soon and on time.
  
NO Hype, NO Rumors, just the FACTS.


 

Millionday News 4-7-16  Part 2 of 2

Millionday: THEY HAVE ACCORDINGTO THE REPORT FINISHED MOST ALL BUT T STATED THEY WERE TO HAVE THIS ALL DONE BY THE END OF FEBUARY 2016 --- THEY ARE LATE
 
dale: MD : To my understanding the Investment Law was wanted by the IMF so Investors could get money in and out of the country free from the corrupt goons.
 
The anti Money Laundering Law I assume was for similar purposes ..... wouldn't it make sense that the IMF would want the new government to be seated before any value change so the corrupt old faction couldn't change the laws back ....... in this country if a Republican gets elected president there is talk of Obama care being reversed .... for instance.
 
Millionday: IT APPEARS THAT THEY WILL HAVE THE CABINET DONE AND ALSO THE SPEAKERS AND HEAD IS COMPLETE AS WELL >>>>>>>>>>>


 
 

Millionday News 4-7-16  Part 1 of 2

millionday:I AM LOOKING FOR INFORMATION FROM THE SEMINAR AND WILL BRB -- TRYING TO VERIFY SOMETHIG

millionday WHOOPOW -- I AM LOVING ALL THE DATES WE ARE SEEING
millionday SMILE    millionday BRB
 
 Millionday: FIRST LET ME SHOW WHAT THIS MEANS AND THEN WE WILL LOOK AT IT -- WHOOPOW
 
Millionday: What is a 'Nominal Value'
A nominal value is the stated value of an issued security. Nominal value in economics also refers to a value expressed in monetary terms for a specific year or years, without adjusting for inflation. When used in reference to securities, nominal value is also known face value or par value.
 ~~~

 

 
WSOMN

Davis:  Ok this is what I see. Legarde has told abadi that she wants this done by the time those meetings start on the 14th. If Obama wants the credit for this rv it has to be on his watch because this is his last year. So this has to be done before irs day which is the 14th. Just my opinion.

NWMontana:  Secretary of State John Kerry arrives in IRAQ tomorrow...as Iraq is not a vacation Hot Spot these days, expect anything. : ) imo

Davis:  Kerry is going to Iraq to hold abadi by the hand to make sure he does what he needs to do


....


 

WingIt:

Zesta:  BRUCE; YOU GUYS KNOW I AM CALM... HAVE BEEN IN A MOOD OF CALM AND PATIENCE.

BLESSED IDEAS GROUP - B.I.G. COME TOGETHER TO EXECUTE OUR IDEAS AND MAKE THEM HAPPEN. WE WILL BE GOING INTO MORE DETAIL ABOUT THAT, JOINING OUR LEADERSHIP TEAM. HUMANITARIAN PROJECTS FOR PEOPLE IN THIS COUNTRY AND OTHER COUNTRIES.

BRUCE; TRUTH IS ETERNAL AND FACTS CAN CHANGE. THERE IS A DIFFERENCE BETWEEN THEM. THE TRUTH WILL SET YOU FREE; FACTS WON'T SET YOU FREE.
BRUCE; FAITH IS THE ESSENCE OF THINGS NOT SEEN, BUT HOPED FOR.
GOD HONORS OUR PRAYER, THAT IS WHY WE DO IT.... BRUCE SAYS.

INTEL:  BRUCE; HAD THE PROXIMITY OF THIS TUES NT. WE DON'T DO RATES AND DATES, BUT THE FEELING WAS VERY STRONG FOR THIS TO GO THROUGH TUESDAY NIGHT.
....


 

The Below posts were in our 10pm Newsletter

Backdoc, Aggiedad77 and KTFA Members Thursday PM 4-7-16

 KTFA:

Hoot:  so frank did allak resign and just not announced ? also the things you mentioned on monday the 123 do they have to be in that order or what say you

Aggiedad77:  Hi Hoot.....allow me to "read between a few lines if you will".........for starters it was on Monday that Frank mentioned 1, 2, 3....Cabinet, Allak resignation, Dr. Shabibi speech......but then last night he hinted by several times saying that Abadi got everything he asked for....repeated that a number of times....

Also last night he said at one point.....something to the effect.....that Allak handed in his resignation......IHO....2 or 3 days ago......maybe his intel is saying something we have not yet seen in the media.....

If so.....it is my thinking that maybe all we wait for is the media to play catch up....and for Dr. Shabibi to speak....just maybe
....

Dinar Updates Thursday AM Chat  4-7-16  Part 3 of 3

  _firefly_ says():The drop in oil prices over the past two years has battered Baghdad's finances as it wages a battle against Islamic State militants in the north and west and confronts a political crisis that threatens to bring down the government.
 
Iraq, which relies on oil for more than 90 percent of its revenue and sells at a discount to global benchmark crudes, earned an average of $24 a barrel in the first two months of the year and $28 in March, the Iraqi official said late on Wednesday. "We have to rebuild the budget taking this into consideration."
 
The revised budget, which has not been finalised, is part of Iraq's negotiations for a standby agreement (SBA) with the IMF, the official added. The SBA financing could be approved as early as June, unlocking $15 billion in international assistance over the next three years.
 ~~~

Dinar Updates Thursday AM Chat  4-7-16  Part 2 of 3

  watson1 says to BGG():what is your take on tman23 post ?? do you think that IMF told the cbi to do that ,bythe way Good morning
 
watson1 says to BGG():many this one of the things imf told cbi they need to do..
watson1 says to larrykn():i think the imf told the cbi to do this ??
 
BGG says():I'm not sure how the CBI can "not recognize" their own (and the USD) currency... it's a currency - not a "bearer bond" with some tracking mechanism... It is not impossible the CBI cut ties with those various branches - probably should have long, long ago...
 
BGG says():which just illustrates the rampant corruption / ignorance they deal with daily...
 
watson1 says to larrykn():remember we have april and may 2016 for them get this all done . i am sure these next few week we will see alot out of cbi which make say hmm ,but like mr white IMF is driving this ship .
 ~~~
  
Geofitness says():
DETAILS               NOTES
Number of banks              29
Number of remittance companies              20
Auction price selling dinar / US$  1182
Auction price buying dinar / US$  -----
Amount sold at auction price (US$)            91,959,994
 
Baxter says():I see the auctions are still up and running.... darn....
 
watson1 says():
http://www.newyorker.com/news/news-desk/the-return-of-moqtada-al-sadr-an-iraqi-operator
 
Baxter says():watson... thats an excellent article on Sadr... He is very powerful.... Abadi better pray his new cabinet gets the OK..... and that IMO.... is a long shot...
 
rcookie says():russia lifts ban on iran's banks.....
 
larrykn says to rcookie():so is that saying the world is now releasing bans on Iran now, that might not be a good thing
~~~