Elmerf123456 : People hate silence. If they have less than 12 hrs they go into fruit loop mode. We are in a good place and it's the timing! Nothing has changed. You walk and rub elbows among the best knowledgable people out there.
Be the best you can be and stick like glue. Silence isn't negative. Silence is positioning.
Elmerf123456: I want everyone to know I just got off the phone with Okie he underwent surgery very successfully but where they thought he was affected on his spine in four areas turned out to be seven.
It was good that he got these taken care of because it could've been crippling.
What he needs now is rest and to get his strength and for all of us to keep him in your prayers and he wanted me to tell everyone he loves you!
RnR: Here's an interesting thought... last year, the 2015 Iraq budget was signed by the President on 2/10/15, and was "announced" as in the Gazette on 2/22/15, 12 days later, with a "publish date" of 2/16/15.
The 2016 budget was signed by the President on 1/3/16, and if we wait 12 days, that would be this Friday.
Assuming we have to wait 15, that would be on Monday, which is a USD forex settlement holiday, meaning no trades involving USD will be settled until Tuesday since the Fed is closed.
The rule is both country's central banks must be open to settle. So could this be a 3-day weekend since Iraq uses USD and IQD? We shall see!
Siesta : HEY ALL FROM IKO IN OTHER CHAT JUST NOW...THOUGHT I WOULD BRING OVER:
IKO WARD - 8:45PM ET Hey guys, just happen to catch this discussion about Forex. What I was actually told back in Jan. of 2014 was if Forex hit 1085 we were on our way, but since that time additional factors appeared that were unknown to most people. The magic number is now a secret. But if I had to guess, I would put it at 1065.
DustyS: Seriously--I played handball with my PB on Monday. He said banks are no longer calling people in at the exchange centers to set and wait--they have them on 24hr alert calls--have to report within an hour of being advised.
He feels this thing is teetering on the edge--said I will get a call at the same time the exchange centers get a call--but he feels COULD see this sometime this week--they have had meetings everyday on this--
He will not discuss anything with me over phone anymore--we will have lunch or he will stop by my home to talk--he is old friend and and lives not more than 3 blocks from me. He said alot more--but I have been asked to be --selective about what I say in public
Badscott54: Refuse To Quit. Ever. The secret of champions is their refusal to quit trying. Futility is merely a feeling...conquer it and keep heading toward your goals. Create small successes when the large ones seem impossible. Even skyscrapers are built a brick at a time. Quitting...does not really give you what you really want. Every step away from yesterday is significant progress. Dr. Mike Murdock 1/13/16
Tom66: http://www.zerohedge.com/news/2016-01-13/banksters-win-again-audit-fed-bill-fails-senate Guess WHO? What's 140 Billion to Iran when $ 9 Trillion Missing and they won't even look?
NewCreation: Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding http://www.imf.org/External/NP/LOI/2015/IRQ/122215.pdf
NewCreation: http://www.imf.org/external/np/sec/pr/2016/pr1604.htm[ * Press Release: IMF Managing Director Approves a Staff-Monitored Program for Iraq
Sanctions relief for Iran could come this week
tman23 We know that the optimum time for Iraq to lift the 3 zeros was at the start of the New Year (and this was in ink from Shabibi a few years ago).
We know that lifting the 3 zeros deals with a new system of accounting...We have seen articles that the banks have been instructed to "switch over". The GOI was h^ll bent on getting the 2016 Budget passed before the New Year...AND now has slow walked it to being published in the Gazette.
Make no mistake that "most likely" the process to lift the 3 zeros is in motion and being used in internal accounting processes. This Sunday we should see some positive affirmations...IMO.
Dnari131: Fars: Iran expects final IAEA nuclear report on Friday
By REUTERS Wed, 13 Jan 2016, 04:47 AM
DUBAI - The International Atomic Energy Agency (IAEA) is expected to issue its final report on Friday to confirm Iran has met all its obligations under the nuclear deal, Iran's deputy foreign minister said on Wednesday.
"The IAEA will issue its final report on Friday to confirm Iran has met its commitments under the JCPOA (nuclear deal)," Iran's Deputy Foreign Minister Abbas Araqchi was quoted as saying by the Fars news agency.
He added that Foreign Minister Mohammad Javad Zarif and Federica Mogherini, the European Union's representative for foreign affairs, would issue a joint statement on Saturday or Sunday on implementation of the deal and sanctions being lifted.
http://m.jpost.com/Breaking-News/Fars-I ... ExNzFDMDY=
jorge793 » January 13th, 2016,
Iran Sanctions Seen Lifted by Monday Once Nuclear Deal Verified
by Jonathan Tirone January 13, 2016 — 6:41 AM CST
Updated on January 13, 2016 — 7:46 AM CST
A decade of sanctions imposed on Iran’s nuclear program may come to an end by Monday, unlocking billions of dollars in frozen accounts and paving the way for a surge in oil exports from the Islamic Republic.
The International Atomic Energy Agency is expected to report on Friday that Iran has fulfilled its commitments under July’s nuclear accord with world powers, Iran’s Deputy Foreign Minister Abbas Araghchi said in Tehran. That would enable a joint announcement by Sunday implementing the deal and lifting sanctions, he said.
Iran’s foreign ministry on Tuesday sent its director of political and international affairs, Hamid Baeedinejad, to Vienna, where the IAEA is based.
The end to nuclear-related sanctions will mean that the Iranian economy is open for funds to flood in, with Iran set to get immediate access to as much as $50 billion of cash frozen in overseas accounts, according to U.S. Treasury estimates. Crude exports are expected to rise by half-a-million barrels a day within weeks.
While Iran says it will need $100 billion to rebuild its energy industry and another $29 billion for mining and steel, foreign investors are expected to return only gradually as they wait to make sure the nuclear deal holds. Diplomats left escape clauses if the accord is violated. Should the deal fail, sanctions could be reimposed just as Iran’s nuclear work could return to unchecked development.
“Iran has granted the International Atomic Energy Agency unprecedented access to make sure it is doing all the things it said it would do in this deal,” U.K. Prime Minister David Cameron said in Parliament in London on Wednesday. “We should enter into it with a very heavy heart, a very clear eye and a very hard head in making sure this country does everything it said it would.”
Friday would be the earliest date that IAEA inspectors could verify Iran has removed nuclear equipment and material from atomic sites, two diplomats with direct knowledge of the process said earlier on Wednesday. The IAEA press office declined to comment.
The comments about the deal’s implementation came only hours after 10 U.S. sailors were released by Iranian authorities after their boats drifted into Iran’s territorial waters. Even as U.S. President Barack Obama on Tuesday night praised the nuclear deal for averting a war with Iran, the Persian Gulf incident underscores lingering tensions in the relationship.
“The Americans cannot have trade relations with us, and so be it,” Araghchi said, adding that Iran understands that non-nuclear sanctions targeting terrorism and ballistic missile programs will remain in place. “Iran and U.S. relations will stay where they are -- the intention of this deal hasn’t been about trust-building.”
It was precisely because of that lack of trust between Iran and six world powers -- China, France, Germany, Russia, the U.K. and U.S. -- that negotiations to reach a deal took more than two years. In the end, Iran agreed to eliminate virtually all of its enriched uranium and dramatically reduce its nuclear capacity. In exchange, it will receive sweeping sanctions relief that reconnects its banks to the international financial system and allows oil and gas producers to boost exports.