Post From Wealthwatch.world Chat Room 12-2-15
News With Links & Discussion
Wealthwatch SCZIN11 & OOTW Chat 12-2-15 Part 2 of 2
Donnie: Iraq Live Update @IraqLiveUpdate 32s32 seconds ago Iraq PM Abadi: We do not need foreign forces on Iraqi ground, we have enough men but need military equipment
chattels: Oil payment plan could strengthen Kirkuk-KRG ties Kurdistan Regional Government President Massoud Barzani (L) sits with Kirkuk Gov. Najmaldin Karim during a visit to Kirkuk on July 8, 2015. (AKO RASHEED/Reuters) By BEN VAN HEUVELEN AND BEN LANDO of Iraq Oil Report Published Wednesday, December 2nd, 2015
The Kirkuk governorate and the Kurdistan Regional Government (KRG) are negotiating a plan for sharing oil revenues – a deal that could prove vital to the KRG's oil strategy, while further weakening Baghdad's grasp on disputed fields.
In talks between Kirkuk Gov. Najmaldin Karim and KRG Prime Minister Nechirvan Barzani – with the encouragement of Turkey's top diplomat – the two sides have provisionally agreed that Kirkuk governorate will receive a portion of the KRG's oil export proceeds...
Donnie: .... same issue. Can't countries just give Iraq the equipment they want?
Donnie: ‹@Butifldrm› ‹@chattels› GM
chattels: Iraq shatters export records Iraq shatters export records A ship docks at the al-Basra Oil Terminal on Nov. 27, 2013. (ESSAM AL-SUDANI) By BEN LANDO, PATRICK OSGOOD AND STAFF of Iraq Oil Report Published Wednesday, December 2nd, 2015
The Iraqi state sent about 4 million barrels per day (bpd) into the global oil market in November – including record output from the federal government and strong exports from the autonomous Kurdistan region.Iraq's federal government exported a record 3.365 million barrels per day (bpd) last month, according to the Oil Ministry.
Its previous high-water mark was 3.187 million bpd, set in June."November witnessed an unprecedented increase in the daily average of exports," said Oil Minist...
chattels: Iraq Interior Min & Peshmerga reveal over 13,000 casualties they did not report before during war with IS musingsoniraq.blogspot.co... …
OOTW: WELL, THIS IS INTERESTING
OOTW: FROM THE CBI SITE
OOTW: PRESS RELEASE (SORRY, NO COPY OR PASTE) To / banks approved the exercise of all Islamic banking (Islamic Banking Law No. (43 for 2015)) 01.12.2015
OOTW: www.cbi.iq/ http://www.cbi.iq/?pid=Home&lang=ar
disciple7: XE: IQD 1106
OOTW: HERE'S WHAT'S INTERESTING
OOTW: THE ARABIC SIDE OF THE CBI - FOR THE AUCTIONS, IS STILL LISTING THE RATE AT 1166
OOTW: AND THE COMMISSION SPREAD IS ABOUT 13 DINARS, WHICH WOULD PUT THIS AT 1179 - VERY CLOSE TO 1180 ;)
OOTW: SO PERHAPS THE CBI IS SIMPLY LISTING THEIR COMMISSION SPREAD ON THE ENGLISH SIDE OF THE CBI - ADDED ON TO THE 1166
Doug_W: time will tell OO
OOTW: cbi.iq/index.php http://cbi.iq/index.php?pid=CurrencyAuctions
OOTW: WELL, FOLLOW THAT LINK..YOU'LL SEE THAT THE CBI ARABIC AUCTION SIDE STILL SETS THE EXCHANGE RATE FOR THE AUCTIONS AT 1166 PER DINAR
OOTW: WAIT WRONG LINK
OOTW: HERE'S THIS FROM THE CBI
OOTW: (3087) - 02/12/2015 on Wednesday and Thursday to port 03.12.2015 Day sales Bank 03-Dec 1,214 1,166 2,170,000 2,170,000 OOTW: www.cbi.iq/documents/C.B....
OOTW: THIS IS ABOUT CONTROLLING THE CORRUPTION GUYS
OOTW: SEE, LOOK AT THE NUMBERS
OOTW: NOTICE THE COLUMN HEADINGS
OOTW: Volume (000 USD) AND Cash
OOTW: BOTH COLUMNS HAVE THE SAME TOTAL
OOTW: REVIEW ALL PREVIOUS AUCTIONS AND YOU WILL NOT SEE ANYWHERE THAT EACH/BOTH OF THESE COLUMNS HAS THE SAME AMOUNT UNTIL NOW
OOTW: THEY'VE CAPPED THE AUCTION AMOUNTS
OOTW: THE ARABIC SIDE STILL LISTS THE CBI RATE AT 1166
OOTW: AND WHAT'S STRANGER IS THAT THEY ENACTED THE ISLAMIC BANKING ACT YESTERDAY
OOTW: THIS HAS TO BE ABOUT CORRUPTION AND USERY
OOTW: AT LEAST FOR NOW
OOTW: BUTI AND I HAVE BEEN SKYPING ABOUT THIS ALL MORNING
OOTW: I'M SURE SHE'LL HAVE MORE TO SAY ON THIS, AND MY POSTS ABOVE OR MY THINKING/ANALYSIS
OOTW: SO THE CBI, BY DOING THIS , IS NOW CONTROLLING THE AUCTIONS
OOTW: AND THIS HAS TO BE ABOUT WORKING WITH THE IMF
OOTW: I'M NOT CONCERNED ABOUT THIS AT ALL
OOTW: IN FACT, IM ENCOURAGED
Donnie: ‹@OOTW› Thank you for you're analysis of the CBI's recent actions
OOTW: SURE DONNIE - THERE'S DEFINITELY SOMETHING GOING ON WITH THE AUCTIONS - BUTI WILL PROBABLY COMMENT ON THIS LATER, BUT I CAN'T BE SURE OF THAT - SHE'S QUITE BUSY AT WORK RIGHT NOW, SO WE'LL SEE
chattels: 12-2-2015 Newshound Guru Kaperoni "new exchange rate from CBI" [Is this how they are working toward getting within the 2% spread?] Since 1182 + commission is the new official rate, 1214 market rate is at or about 2%.
OOTW: THANKS CHATTELS THIS TIES IN WITH MY EVOLVING THEORY ;) ABOVE
chattels: 1214 was the market rate for the past two auction s and actually the rate was at 1210 a few days / auctions ago
OOTW: TY CHATTELS
chattels: CAUTION : Many of the pundits now citing the " changes " and " intel " regarding the CBI / Rate, etc. have been " calling " for the " RV " repeatedly over time and on the basis of the latest event or circumstance. Do not be deceived that they know anything. If they did then they would have forecast the recent changes as a condition(s) precedent or attendant to the " RV ". It is what I call call " situational / happenstance intelligence ". Pundits take the recent news and conform it to thier own narratives.
chattels: We do not know what if anything recent news or events mean for our liquidity event.
chattels: We know that many other things are relatively unchanged.
chattels: I will not belabor anyone with my boring / negative opinions now well established over time.
chattels: I hope it is all good news - I am invested like all of you
NUMBERS: IT WILL RV NOBODY KNOWS WHEN THOUGH
chattels: ‹@NUMBERS› Stability and security.
NUMBERS: THOSE ARE COMMING ALONG SLOWLY
Doug_W: yes "C" I have a Dinar too it says 50 on it
NUMBERS: MINE HAVE SADDAM ON THEM.... MINE ARE WORTH MORE BECAUSE THEY ARE OLDER
Doug_W: neumismatic value
chattels: Historically, change(s) occur in Iraq at a glacial pace, IMO. Oftentimes it is like watching paint dry. Remember : " If you can wait and not be tired by waiting, ................ If you can dream—and not make dreams your master; If you can think—and not make thoughts your aim; If you can meet with Triumph and Disaster And treat those two impostors just the same; .......... Yours is the Earth and everything that’s in it, ........... " - Kipling