[Peavey] clap Bernanke Leaves Fed with Record Balance Sheet of $4,102,138,000,000 – See more at:
[Robertprofessor] I’m not sure if this Youtube video has been shared in here yet, but a dinar buddy and Castle critter emailed this to me about an hour ago. My excitometer is pegged: http://www.youtube.com/watch?v=x7VpHEuJ7r4&feature=player_detailpage
[Peavey] Robertprofessor “low hanging fruit” :cheers:
[OKCRN] Robertprofessor Great video! Start listening about marker 7:30….
Highhopes: Quote from Bluwolfs post this morning: http://www.dinarrecaps.com/1/post/2014/01/bluwolf-update-friday-1-31-14.html Bluwolf: “One thought for you… the reset already happened and the media is leaking it slowly.”
Read More Link on Right
[xyz] 7:30 Mark … around 4pm est today on Bloomberg http://www.bloomberg.com/video/why-are-u-s-stocks-influenced-by-anxiety-abroad-GX~_cHe4TxmQ9lrwEG43Eg.html
Lonellc :The people are tired of being debt slaves this is exactly what Tony said the banks and politicians are in colusion http://www.occupy.com/article/abandoning-wall-street-and-creating-public-bank-city-los-angeles
islandg1211 » January 31st, 2014,
Family, do you recall Frank saying that by the time investments are talked about and recommended to the general public, the “Big Boys” have already made their money? I think these recents public comments from the CEO of Amerigold and UBS could mean the RV is ….soooooon!! Praise The Lord!!
aggiedad77 » January 31st, 2014,
It is time for the Friday afternoon news summaries….are you ready:
Oil: Iraq will become the most important sources of global energy and issued nine million barrels by 2020
This really isn’t a new article…it’s been seen before, so the Iraqi’s plan on 9 billion barrels of oil a day by 2020, you know that doesn’t sound too far off any more. What will happen to the world glut for oil by 2020….the US is finding enormous pools of oil in shale formations in several areas of the US…..so our demand may actually decline some for foreign oil….but what about others, China is the biggest example that I can think of….their needs will probably increase….so will the price of oil stay high as it is now…price is king for the Iraqi’s at the moment…after all they lean on oil revenues to the tune of 93-96% for all they take in. They are now claiming 143 billion barrels of reserve oil….I said in 2009 and I still say today….they haven’t effectively seismographed the country so who knows how big that swimming pool really is.
“Stock market” calls for the sale of government shares the mixed sector companies and experts believe it lacks the institutions chock
A very long article with a few notable highlights it seems….Arbil will be opening an ISX office in 2014…the ISX trades in five basic areas….banking, hotels, industrial companies, investments, and service sector. The ISX has been open since 2004, and has grown to 73 publicly traded companies from an original start of 15 companies.
Britain appoints Baroness Emma Nicholson, a trade envoy in Iraq
What better way to improve or enhance trade relations with Iraq by Britain than appointing the CEO of the premier company that is helping Iraq get back on their feet. The Baroness Emma Nicholson has been appointed to the role of trade envoy to Iraq to improve and promote strong economic cooperation between both countries. She has a vast amount of experience working within Iraq since 2003.
Iraq criticizes Maliki’s coalition objection to buy private jets and stresses: Maliki has one
There seems to be much fluff in this article about who can own a private jet….it seems that Maliki is allowed to own one, but apparently not just every Tom, Dick, or Harry can own one….as the Ministry of Transport spoke up and stated that due to time and security constraints citizens are not allowed to own jets…..so would it be ok to own a turbo-prop, or single engine aircraft….things you need to know to fly into the Iraqi airspace. What sound funny is that the Ministry of Culture donated $18 dollars for the purchase of private jets…yes plural….I’m scratching my head….just how much does a jet cost these days….but I guess it doesn’t matter because the amount was ear-marked to the development of “Al-Rashid Street”……sounds like a monkey in the wood pile…..I’ll order this jet and write the invoice up as street repairs….no one will know the difference.
65 billion dollar bilateral trade volume between the Kingdom and America
Ok, Frank made mention of a possible Saudi Arabia and Iraq link in some way…then mentioned the Dow Chemical Company name….it appears that Dow does some significant business currently in Saudi Arabia tied to the Saudi oil company ARAMCO….they are partnering to build a very large aluminum rolling mill to the tune of $4.9 billion dollars.
Controversial Prediction: IRAQ is an investment opportunity
Ok, who would have ever thought that Iraq would be an investment opportunity….I mean the country was destroyed in many ways and now are having to pick up the pieces and put them back together again…..they want to become world renowned for their oil and production…..they want to seen as big dogs of the heap….and as a side note this gentleman in the video also predicts that gold will rise to $10,000.
FAMILY IF YOU HAVEN’T WATCHED THIS VIDEO YOU NEED TO STOP AND SEE IT NOW, I’M POSTING THE LINK TO IT BELOW TO HELP YOU…..THIS MAN GREG MCCOACH, I LOVE THAT NAME, TALKS ABOUT IRAQ FROM THE 7:30 MARK TO THE END OF THE RECORDING!!!!!!
HE TALKS ABOUT THEIR OIL…HE TALKS ABOUT THEIR GOLD, IT LIES JUST BELOW THE SURFACE AROUND OR NEAR BAGHDAD…..BUT MOST IMPORTANTLY…..HE TALKS ABOUT THEIR CURRENCY!!!!
Oil Ministry: Iraq’s oil reserves has not been used so far
Well it would appear that Iraq will be a big boy exporter in a few short years and OPEC will allow them to reach the 9 million barrel a day level….a level they claim they can maintain for at least 20 years…..that is BIG oil. OPEC is also apparently lumping Saudi Arabai, Iran, and Iraq into a category stating they can absorb whatever increase they are capable of making…..that is big of them.
Mister, Can You Spare a Dinar?
Begging has become a new industry in Iraq….you have to know where to be on what day to be successful it seems.
Iraqi Jews Seek to Prevent Return of Religious Artifacts to Iraq
A number of Iraqi Jewish artifacts that were found by US soldiers during the invasion of Iraq were taken to the US to be restored, these documents have now been on display at the National Archives in DC and now are being sent to the Museum of Jewish Heritage in New York until May…they due to be returned to Iraq later this year….but Iraqi Jews now living in the US do not want the documents returned to Iraq they want them to stay in the US.
Maliki calls for the House of Representatives resigned to reverse their decision
Well the once strong Maliki seems to be less sure of himself, as he asks the MP’s from the Anbar region that resigned their seats in the Parliament last month to come back and be a part of the program….M has even withdrawn troops from inside of Ramadi and Fallujah to help appease them.
Currency devaluation ‘easy’ answer to emerging market crisis – Saxo Bank chief
Governments are tightening monetary policies in South Africa, Turkey, India, and Russia….the US is not to blame for the losses being incurred in these cases it seems. It is stated that every political country needs reform because the export based business model isn’t sustainable. It seems that the only change that occurs in a historical sense has come from a crisis…..could we be facing a monster of a crisis now.
Specialists: the central bank will control the gold market, Iraq imported 5 tons per month
Hey we get to hear from Mohammed Saleh again this week….saying that the CBI is being a good leader in their willingness to step up and control the gold market for Iraq…..IMO….that is also good because if the CBI is in control of it the GOI can’t touch it….I believe the CBI to be better money managers than the GOI at this time. By the increase in Iraqi people buying gold it is also a good sign of the recovery of the living situation in Iraq, people are better able to save.
Jordan closed its borders with Iraq to cut off his supply of oil
Jordan closed its border with Iraq for safety reasons…..but by closing the border they also shut down oil tanker traffic….they will be reimbursed by the Iraqi’s though for the closure…..they had growing fears of violence on the road.
Compete with international banks
Iraq is suddenly seeing an influx of global banks providing competition for their local market….most notably new in town is Britain’s Standard Chartered Bank….these private banks have managed to raise the required capital and now have monies to boost local project work.
Expert: tariff revenues constitute a significant amounts of oil in exchange
Tariffs should go towards helping Iraq put a stop to inferior goods crossing their borders, and that over time this will reduce the amount of imports they will have to depend upon…..currently they import about $74 billion dollars worth of goods….they realize they need tighter controls of goods. The Tariff Law will essentially help to ease unemployment as Iraq strives to make more locally than they have had to do in the past.
Foreign companies designed to invest in Iraq
Whether the risk is high due to the type of job, or it is considered safe…..the outcome is largely the same…..Iraq presents a big opportunity for all who choose to invest and do business there…..investments are looking good in all sectors….but does that really surprise anyone…..it doesn’t me.