Bits and Pieces in Dinarland Late Friday Night 2-12-16

KTFA:

FrostytheSnowman:  Pat yourself on the back folks!!!

You've aligned yourself in a SWEETHEART position(s) with the LOWEST COST EXTRACTION WINNERS ... as the world's addiction to oil makes it's way towards a new reality ... and soon to be ... your new reality! (See Article Below)

Congrats your patience is about to pay off!!!

All in my "frozen" opinion. LOL!      Frosty
....

http://ift.tt/1WhVyYE

Oil prices are rebounding Friday after hitting a low not seen since 2003. But a new report suggests oil producers may not be hurting as much as the historically bad prices suggest.

The report, from the energy research firm Wood Mackenzie, says just 4% of the world's oil is unprofitable at $35 a barrel, a price oil was trading near just a few weeks ago.

Oil prices were up about 10% Friday after a tweet from a Wall Street Journal reporter indicated that the oil cartel OPEC may be considering production cuts.

In response to that news, WTI crude, the US benchmark, was trading near $29 a barrel, while Brent crude, the international benchmark, was sitting near $32.

Wood Mackenzie's report, cited by the energy news service Platts, said about 3.4 million barrels' worth of oil a day was not profitable below $35 a barrel. According to the International Energy Agency, the world's supply is 97.07 million barrels a day.

While today's oil prices are below this threshold, the report suggests the price at which US shale and other producers would be forced out of the market is lower than previously thought.

As Platts writes, "For many producers, being cash negative is not enough of an incentive to shut down fields as restarting flow can be costly and some are able to store output with a view to selling it when prices recover."

This falls in line with a report from Citi in December showing that the amount per barrel that most producers needed to receive just to keep the lights on, referred to as the cash cost point, was well under $30.

And as we wrote earlier this week, the way these projects are financed most likely has an impact on the stubbornness of production levels.

Because so much of US shale production has been financed by debt, not equity, companies have a reason to continue getting whatever cash they can for their production to meet debt repayments.

In theory, losses from production pauses that were aimed at goosing prices higher could be inflicted on equity investors over a period of time.

All this comes at a time that OPEC, the 13-member oil cartel that has been a major contributor to oversupplying oil markets, still seems quite far from announcing the kind of coordinated production cut that could provide serious relief to the market.

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Mountainman:  Great Article FROSTY.......Interesting HOW "THEY" tell Us......No MORE FOSSIL FUELS.......Liar,Liar,Pants On FIRE....LOL.....and Yet "WHERE" would This WORLD be W/Out it........The Only GLOBAL WARMING Reality is the Smoke Rising from their Britches....IMO.....But "OIL" is a UNIVERSAL EQUALIZER....That's for Sure....and "THEY" Love It $$$$$$$$
 
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WSOMN: 

Wolfy Says Post RV

Most of us know when we RV and come into our new wealth, that we will be new creatures. To become a new creature or person, you must first lay down the old person or the old way of thinking..

Being wealthy is a whole new way of life that most of us are not used to living.. To succeed we need to put on a whole different way of thinking. 

For example--would we go to a department store to by a NEW coat and try it on over top of our old coat.. No we would not Because it would NOT fit..

First to try on a new coat we must take off our old coat. After taking off our old coat we will find that the new coat fits just fine.

Same way with being a new wealthy person.. Before we can fit into our new life we must lay down our old life.. God wants us to take up our new wealthy life and go forth in his holy name..  To be able to do his holy will for our lives and the lives of others, we simply must take off our old coat and put on our new coat. Think with a brand new attitude that God wants us to do.

Our new wealthy lives are about to start for all of us so get ready to remove your old coat/old way of thinking... Wolfy

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Blondie:   JUST RECEIVED THIS PM FROM A MEMBER. MAKES SENSE TO ME. FEEL FREE TO REPOST. Just a little more info. on why Iran will not go before Iraq. Maliki illegally shipped pallets of dinar to Iran and there was much negotiation to get that back as well as other dinar that was smuggled into Iran that would have hurt Iraq big time....It took years.... So if Iran went first...the same thing would happen...Iran could buy up dinar like crazy....citizens and govt....the US will not let that happen again.

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Dinar Updates:

Poppy3:    ...I HAVE JUST BEEN SETTING BACK WATCHING THE EVENTS TAKE PLACE DAILY...WE ARE IN THE DRIVER SEAT...THEY CAN GET WHERE THEY NEED TO BE AT ANYTIME AND RELEASE THE NEW RATE.

Q:  [Does the huge amount of dinar in circulation and still being sold have any bearing on the right time to RV?] 

Millionday :   NO -- IT HAS A BEARING ON THE LIQUIDITY ON THE STREETS AND WHAT IS NEEDED IN THE BANK`S LIQUIDITY NEEDED IN THE COUNTRY -- ALSO THE GLOBAL PRICING ---GDP.

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TNT:

SassyD:  Dear Optimist, Pessimist and Realist, ..... While you were busy arguing about the glass of water, I drank it !!.... Sincerely, the Opportunist !!!!

Emailed to Recaps:

Retirement

This is the way I feel...Why I Like Retirement !

Question: How many days in a week?
Answer: 6 Saturdays, 1 Sunday

Question: When is a retiree's bedtime?
Answer: Two hours after he falls asleep on the couch.

Question: How many retirees to change a light bulb?
Answer: Only one, but it might take all day.

Question: What's the biggest gripe of retirees?
Answer: There is not enough time to get everything done.

Question: Why don't retirees mind being called Seniors?
Answer: The term comes with a 10% discount.

 Question: Among retirees, what is considered formal attire?
 Answer: Tied shoes.

 Question: Why do retirees count pennies?
 Answer: They are the only ones who have the time.

Question: What is the common term for someone who enjoys work and refuses to retire?
Answer: NUTS!

Question: Why are retirees so slow to clean out the basement, attic or garage?
Ans wer: They know that as soon as they do, one of their adult kids will want to store stuff there.

Question: What do retirees call a long lunch?
 Answer: Normal .

 Question: What is the best way to describe retirement?
Answer: The never ending Coffee Break.

Question: What's the biggest advantage of going back to school as a retiree?
Answer: If you cut classes, no one calls your parents.

Question: Why does a retiree often say he doesn't miss work, but misses the people he used to work with?
Answer: He is too polite to tell the whole truth.

 And, my very favorite....

QUESTION: What do you do all week?
Answer: Monday through Friday, NOTHING..... Saturday & Sunday, I rest.

 And some more below...

Reporters interviewing a 104-year-old woman:
'And what do you think is the best thing
about being 104?' the reporter asked...
She simply replied, 'No peer pressure.'

The nice thing about being senile is
you can hide your own Easter eggs
and have fun finding them.

I've sure gotten old!
I've had two bypass surgeries, a hip replacement,
new knees, fought prostate cancer and diabetes.
I'm half blind,can't hear anything quieter than a jet engine,
take 40 different medications that
make me dizzy, winded, and subject to blackouts.

Have bouts with dementia.Have poor circulation;
hardly feel my hands and feet anymore.
Can't remember if I'm 85 or 92.
Have lost all my friends. But, thank God,
I still have my driver's license.

And this one.............

I feel like my body has gotten totally out of shape,
so I got my doctor's permission to join a fitness club and start exercising.
I decided to take an aerobics class for seniors.
I bent, twisted, gyrated, jumped up and down, and perspired for an hour. But,
by the time I got my leotards on,the class was over.

My memory's not as sharp as it used to be.
Also, my memory's not as sharp as it used to be.

Know how to prevent sagging?
Just eat till the wrinkles fill out.

It's scary when you start making the same noises
 as your coffee maker.

These days about half the stuff in my shopping cart says,
'For fast relief.'

THE SENILITY PRAYER :
Please Grant me the senility to forget the people I never liked anyway,
the good fortune to run into the ones I do, and the eyesight to tell the difference.

via Dinar Recaps - Our Blog http://ift.tt/1oyykD3