Late Monday Night:
[sczin11] HAS ANYONE BOTHERED TO ASK, WHY AFTER ALMOST 6 MONTHS, DECEMBER 22, 2014, WHEN DR. SINAN AL SHABIBI WAS ACQUITTED OF ALL CHARGES, HAS HE CHOSEN TO SPEAK OUT NOW?
NOT JUST A QUOTE, BUT A NOVEL, ANALYZING THE ... WHERE IS IRAQ NOW, IN RELATIONSHIP TO WHERE HE WAS TO BRING THEM, SEVERAL YEARS AGO...
DR. SHABIBI, SO IN TUNE WITH THE HAPPENINGS OF THE MONETARY PLAN/PROCESS, DOESN'T MISS A BEAT...HE COVERS IT ALL...WHY?
WHO ASKED HIM TO STEP UP/FORWARD?
HOPEFULLY, MORE TO COME...
From Larry, sent to Recaps
Surprised that no one mentioned this on any of the boards: On the Jon Stewart Daily Show, there was a candid shot of Abadi sitting next to Angela Merkel......so kool to see! And Iraqi is not a part of the g7.
From Backdoc, sent to Recaps
IRAQI BONDS THAT WERE IN THE PIPELINE HAVE NOW BEEN COMPLETED!
AS A RESULT OF BIDS FOR THESE BONDS BEING ACCEPTED A RATE WE SOON NEED TO SHOW!!!!
THIS IS NOW VERY CLOSE!!!
Monday Night KTFA CC
Approx.. 204 minutes long
The first part is Business Promos, and the second part is Dinar/Iraq intel.
PLAYBACK # : 760.569.7699 PIN: 156996#
TINK » June 15th, 2015, 8:21 pm
Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens.
Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund.
In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise.
Big Tex: TH,Do you see possibility that IQD and VND could both revalue in June-July and the USD and Chinese yuan revalue in October? Maybe same time as EU falls apart? BigTex
Thunderhawk: RV June -July NO... But I'm sure we will see something!!!
maybe an RI, maybe equal, maybe less...
What ever it is...
I'm sure they can see and use it as we speak!
They told you in March they were.
All aboard the rocket ride and OZ is the pilot.
EU bye bye - Debt gone???? MMMMM
Greece done? I DON'T THINK SO - There's life after the EU.
WATCH THIS (FIRE SALE) VIDEO:
USD and Chinese yuan revalue? MMMMM
IMO maybe we're gonna see something entirely new!
maybe in or after "THE FALL"
Time to move on OZ wants TRADE!!!!! (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI?)
When the rocket goes up so will so will what you seek.
Remember OZ is a master of illusion "BEWARE" window number 1 (close)
Watch the FED - Follow the money trail it always leads to OZ
Thunderhawk » June 15th, 2015, 11:35 pm
Gold rises as weak dollar, Greek uncertainty support prices
Gold rose on Monday, buoyed by chart-based buying and the weak U.S. dollar ahead of a Federal Reserve policy meeting while persistent uncertainty over Greece after debt talks with its creditors stalled underpinned prices.
Spot gold was up 0.5 percent at $1,186.60 an ounce, while U.S. gold futures for August delivery settled up $6.60 an ounce at $1,185.80.
The spot market turned positive after attracting technical buying around $1,180, a long-term support level.
"We had quite the substantial build in speculative short interest last week. That probably squeezed some of those weak hands out on the technical move," said Mike Dragosits, senior commodity strategist at TD Securities in Toronto.
Also supportive were the hardened stances of Greece and its creditors. This comes after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a "state of emergency".
"Greece is certainly keeping a floor under precious metals," Dragosits said.
Read MoreCramer: Best stocks to pick as the Fed tightens
The dollar fell 0.2 percent against a basket of major currencies, making dollar-denominated gold cheaper for holders of other currencies.
Investors hoped the Fed could offer a clear signal on the timing of its first interest rate rise in nearly a decade during its June 16-17 policy meeting.
"Yellen can now be a bit more optimistic about growth, maybe she will intimate that the path is being prepared for a rate rise (by year-end)," Societe Generale analyst Robin Bhar said.
A rate increase could boost the dollar, in turn diminishing demand for non-interest-paying gold.
Read MoreGreece on 'brink of disaster;' calls emergency meeting
Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, are at their lowest since 2008, having seen more outflows on Friday.
Physical demand in top consuming region Asia has been weak as a tight price range and better yields elsewhere have kept investors away.
Morgan Stanley Research said in a note that it expects progressively lower gold prices over the next two years, but that "any resumption of debate over Greece's debt position, requirement to support economic growth in Europe generally, via QE (Quantitative Easing); and the escalation of political tension in eastern Europe will prevent a material collapse in prices, in our view."
Silver was up 1.2 percent at $16.11 an ounce, while platinum fell to a six-year low of $1,072.50 an ounce and palladium lost 0.5 percent to $733 an ounce.
Thunderwawk » June 16th, 2015, 12:01 am
Greece on brink of euro exit – PressReader
Thunderhawk » June 16th, 2015, 12:34 am
Moody’s maintains credit ratings of nine Vietnamese banks
Credit ratings agency Moody’s has announced its long-term and short-term Counterparty Risk Assessments (CR Assessments) of nine Vietnamese banks remain unchanged.
For long-term CR Assessments, B1(cr) has been assigned to the Vietnam Bank for Industry and Trade (Vietinbank) and the Bank for Investment for Investment and Development of Vietnam (BIDV).
Meanwhile B2(cr) has been assigned to the Asia Commercial Bank (ACB), Military Bank (MB), Saigon-Hanoi Bank (SHB), Saigon Thuong Tin Bank (Sacombank), Vietnam Prosperity Bank (VP Bank), Vietnam Technological and Commercial Bank (Techcombank) and Vietnam International Bank (VIB).
At the same time, Not-Prime (cr) short-term CR Assessments have been assigned to all nine banks.
Moody’s maintains credit ratings of nine Vietnamese banks
Thunderwawk » June 16th, 2015, 1:36 am
GLOBAL ECONOMY WEEK AHEAD-All ears tuned to Fed language, Greek debt talks
(Reuters) - With the U.S. Federal Reserve expected to leave interest rates on hold this week, the market will be focusing on policymakers for clear signals on when the central bank will make its first interest rate hike in nearly a decade.
World shares ended last week on a muted note as Greece's situation took a turn for the worse when the International Monetary Fund's delegation walked out of negotiations in Brussels citing "major differences" with Athens over how to save the country from bankruptcy.
The European Union has also been telling Greek Prime Minister Alexis Tsipras in more strident terms to stop gambling with his cash-strapped country's future and make the big decisions needed to avert a potentially devastating default.
For Fed watchers, the main point of interest will be any change in the nuances of bank Chair Janet Yellen's language after the central bank's announcement.
"We still suspect that Wednesday will be important in terms of communication, given that it is a press conference meeting," said Philip Shaw, chief economist at Investec.
Wall Street's top bond dealers, who just three months ago had a June move pencilled in, now expect the Fed to begin raising rates in September, followed by another hike before the end of the year.
"We don't think the Fed will explicitly reference September, but we do think they will harp on their data dependence and give a nod that a hike this year is likely if the data remain constructive," said Tom Porcelli at RBC Capital Markets.
U.S. industrial output probably increased in May after five months of contraction, data on Monday are expected to show. Figures on Tuesday will likely point to a sustained improvement in the housing market, offering more confidence that the economy has regained momentum after a dismal first quarter.
Minutes from the Bank of England's June policy meeting, due on Wednesday, will according to a Reuters poll show all nine members of the Monetary Policy Committee voted to keep British interest rates at a record low of 0.5 percent this month.
Like with the Fed, economists have been consistently pushing back expectations for when the BoE will make its first move. Late last year, Bank Rate was predicted to have already risen by now. The current consensus suggests it will be early 2016 before it will move up 25 basis points.
Tumbling crude oil prices last year sent inflation around the world into free fall, even into negative territory in some countries, giving central banks scant reason to tighten policy - a move that would have hit often fragile growth.
Russia's central bank is therefore expected to cut its main lending rate by 100 basis points on Monday as inflation drops and an economic downturn worsens although a recent plunge in the rouble means the bank may refrain from a sharper cut.
Norway's central bank will cut its main interest rate by 25 basis points to a record low 1.00 percent on Thursday, all 16 economists polled by Reuters said, amid weaker domestic growth as a result of falling oil investments along with the lowest wage increases in decades.
The Swiss and Indonesian central banks are expected to leave policy unchanged the same day.
On Friday the Bank of Japan is likely to sit tight but is expected to adopt further monetary stimulus later this year. Japan has finally escaped from nearly two decades of deflation although is yet to generate significant price rises.
"We expect the BOJ to keep its policy rate on hold and we expect Governor Kuroda to comment on the currency market developments at the press conference," said Axel Lang at Credit Suisse.
The yen hit a 13-year low against the dollar earlier this month. Policymakers in the export-led economy have welcomed its slide, which is largely due to Prime Minister Shinzo Abe's economic strategy of massive monetary stimulus and aggressive fiscal spending.
BOJ chief Haruhiko Kuroda played down the chance of more weakness in the currency last week, but the remarks were not part of a concerted effort by Tokyo to keep the yen's sharp declines in check, government and central bank officials with knowledge of the matter said. (Editing by Hugh Lawson)