OMEGA MAN January 26, 2015 Chinese moved deadline to Wednesday. Let's hope it's the last move/delay
Chef Rob > OMEGA MAN DC Guy said the 31st also.
Donna: Didn't PT say the cabal had till the 31st or the 1st? I forget which, in which to pay their debt?
tinaturner > Donna Yup and they loose their parental legal rights so to speak on the 31st!!!!!! All is excelerating and in alignment!!!!!
June1:good evening everyone! Been wondering has anyone asked - with the bad weather happening NY. ETC. Would that put a hold one our announcement of RV?? Hopefully, NOT!!
Knight Hawk: I don't see a reason it should. The decision tree is in Washington DC and in Iraq. Also they only want the NYSE and NY Forex closed when they begin exchange... a NY shut down would act in the US PTB favor.
Sundancer: June actually thinking with no one getting to the markets down town NYC may be a good thing, It will go at non open hours anyway
JoePilot: Protests in Bagdad concerning being unpaid for 8 months
This is direct from a Twitter feed from an independent journalist in Iraq,
looks like the pressure for RV is increasing!
@janearraf: #Iraqi government contract workers unpaid for 8 months protest near #Baghdad green zone. Only 1 camera allowed - assume interior ministry.
Jim32: If you think about it, you can't blame the people over there. There's a point where people will no longer be pushed. The holding back of the RV, for the political benefit of a few, has got to be wearing thin for the people living with so much hardship. I would hope the " Powers that be " would finally realize, continued putting the RV off, only creates bigger problems.
Clarol: I agree, the Iraqi people have been through much turmoil - from dictator to quasi dictator, and now - finally - leadership for their future. I don't get paid sometimes for 3-5 months - I know what that is like - I cannot imagine nothing for 8 months. How can one take care of their families like this? It is no wonder they are frustrated.
sczin11 THE FACT IS...IT CAN HAPPEN AT ANY TIME...IT IS IN THE PROCESS, AND GOING ON...
CAN IT GO PAST WEDNESDAY, OF COURSE ...AS LONG AS THE NEWS RELEASES CONTINUE IN A POSITIVE WAY, AND THERE ARE NO CURVE BALLS THAT SHOW UP....
WE ARE IN THE RIGHT PLACE! JMHO.
[graci] ..Sambo if Okie provides the graduation announcement sometime this week, and it's very early in the morning, do you know if the site would open in order for us to celebrate with each other?
[..Sambo] when Okie calls me - I WILL IMMEDIATELY OPEN THE CHAT ROOM
[kyf58] ..Sambo I came in to see how Okie is doing. Thanks!
[..Sambo] kyf58 OKIE IS IMPROVING - THE SHINGLES ARE HEALING - HIS COPD IS ONGOING BUT HE IS IMPROVING
Powerofprayer: .:Family,I have a question to ask. The CBI has boasted that they can cover their currency 1.5 times. What do they actually mean by that?
Does it mean 150%? But if the 1166 is a defacto rate/placement rate, what are they actually considering their rate to be? Thanks
Aggiedad77: This is my opinion....a left-handed Texas Aggie.....but I believe they are communicating that they (CBI) knows what the rate should be....and through their reserves, currency, but mostly the hard reserves they have gold and such....they can cover things out to 1.5 times.....
we've seen this statement from them on several different occasions and to me it is very positive on their part to be saying this....I don't believe it to be cockiness, but rather them stating a fact.
They know they have solid reserves...the world knows they have solid reserves....just keep watching for who is truly in control....the CBI wants to talk. Aloha Randy
mugsbuttons » January 26th, 2015, 10:44 pm
Energy tycoon Boone Pickens predicted on Friday that oil prices would be back near $70 or $80 a barrel by the fourth quarter of this year.
Oil producers in West Texas and North Dakota "can't drill for $45 oil," Pickens said on CNBC's "Street Signs."
"In the last 30 days they've dropped 300 rigs…. You're gonna reach an all-time high on the inventory of oil, and it will be reached within the next six weeks, and then it will start to decline. "
In December, Pickens forecast that oil prices would be back near $100 a barrel in 12 to 18 months. On Friday, he said he stood by that call.
Read MoreOil patch layoffs a drop in the bucket
With benchmark Brent crude prices down more 50 percent from a year ago, it may be hard for some to envision such a bullish move.
But Pickens, the founder of BP Capital, said, "We've got good numbers here. We didn't have a good year in a tough commodity dealing with energy, like we did, if we didn't know what we're talking about." His firm saw it's commodity fund jump 10 percent last year.
Following the death of his uncle, King Abdullah, Saudi Prince Alwaleed Bin Talal said the price of oil may rise, but it won't go near $100 in this lifetime.
"The price may fluctuate between the four digit range… but as I said we'll never see the price of oil again at $100," the billionaire investor said in an interview with CNBC.
Pickens said Talal "doesn't know what he's talking about" with respect to oil prices.
"The reason the oil price has dropped is because of production here in the United States," Pickens said. "No question, we were the ones that caused it, and we'll be the ones that will fix it. And the way we fix it is our rig count will go down."
The number of rigs drilling for oil in the U.S. fell 49 to 1,317, about 100 less than a year earlier, according to Baker Hughes data released on Friday. Last week, oil rig counts saw their second-sharpest weekly drop in 24 years, according to Reuters.
Last week, Pickens hosted a live chat on Twitter and cited oil rig counts, along with other factors, as major clues in determining a potential bottom in oil prices.