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Sunday, April 3, 2016

Dinar Updates Sunday AM Chat  4-3-16    Part 1 of 2

DINAR UPDATES 4-3-16
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Chat Room Excerpts & Highlights

Dinar Updates Sunday AM Chat  4-3-16    Part 1 of 2
 
 
David212 says():the important thing is its just another reason why the dollar is headed south and the "soft currencies will outperform.If you look at the middle east Iraq, Saudis Iran economicly have no down side but thet=y are all restructuring their economies and these are not hige economies its doable some ( including me ) believe the Middle East is the next grow the high return low risk region and capiyal will flow like crazy.
 
 The new Saudi defense minister , 30 years old, is the new leader and is restructuring the country. Modernizing the culture then there is Iraq one of kind with nothing but upside. Very safe place to have your money. Sounds nuts right?
 
David212 says():Huge (spelling) economies but could out grow the world big time
 
clay01 says to David212():agree they have no where to go but up, IF, they continue to get their act together, forget about killing each other and every body else in the world and play nice
 ~~~
David212 says to clay01():Thats what Stan Drunkenmiller is saying . The link I posted is interesting because the case is that the US dollar is going long over a long time line to new lows against the other reserve and emeging market currencies.
 
Did you see Syrian refugees are coming into Europe through Russia into Finland !! and the Russians have one million refugees from North Africa. So they could collapse the EU if they opened the flood gates ? The world is really scarey
 
rcookie says():IRAQ INFLATION INDEX IS UP....1.5% OVER LAST YEAR....
 
jeffjane says to rcookie():GM - What do you make of the Kurd nomination for Oil Min rejecting the position?
 
rcookie says():Planning: inflation index higher by 0.1% and the annual rate of increase (1.5%)
 
Shafaq News / The Ministry of Planning on Sunday for the rise in inflation indices during the month of February rose 0.1% after it witnessed a decline in the first month of the year increased by (0.6%), while the annual inflation rate is seen another rise in the month compared with the same month of the previous year 2015 increased by 1.5% after falling in the period from January 2015 to January 2016 (1.6%).
 
He said ministry spokesman Abdul Zahra al-Hindawi said in a statement responded to the Twilight News, said the reason for the high monthly inflation index was weighed down by higher standard figures for the number of departments, including the Departments of clothing and footwear, housing, and communication prices rose 0.2% each, also rose section prices Health increased by (0.8%) and recreation department at (0.7%).
 
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Mudder says to David212():Boy... Your just full of cheer on this Sunday morning....lol
subgirl says to clay01():I have not even had my 1st bottle lol
 
rcookie says():He either high annual inflation index increased by 1.5% compared to February 2015. Has came because of the high prices of the Department of Food and non-alcoholic beverages increased by 0.1% and rose Department of Housing, water, electricity, gas and fuel prices by (1.9%), tobacco division rose (7%).
 
 
And between Al-Hindawi said most sections prices witnessed a rise in rates during the month of February, causing a rise in the inflation index compared with February of last year 2015, pointing out that Althaizzat and household equipment section prices rose 1.7%, and the prices of the Health Department rose ( 6.7%),
 
while the communications department were notable gainers arrived (10.5%) and reached high CTO prices (4.2%), and the Department of Education increased its prices by (5.8%) and the prices of restaurants division rose by 3.3%, indicating that the survey prices did not include the provinces of Anbar, Nineveh and Salahuddin to the difficulty of the security situation.
 
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Geofitness says():Amount sold at auction price (US$)          104,729,079
 
David212 says to clay01():Clay I don't think they have a choice. SA longer term doesnt have the oil capital to continue this pissing contest with the Iran. they are counting on diversifying their only reve oil into a diversified portfolio.
 
But Syria and Libiya have to get fixed and that means more US and other EU countries boots on the ground. I think the secular BS will fade because of Iraq and economics . I hope anyway
 
David212 says to rcookie():What could cause a one time adjustment of that magnitude ?
David212 says to Mudder():I am being positive I thought
David212 says to rcookie():Could that price moves be forward buying in front of the effects of an RV ?
 
rcookie says():NO READING BLOOMBERG..WHERE CHINAS RESERVES DOWN TO 3.2 TRILLION....ANOTHER 3% SINCE LAST DEVALUATION IN AUGUST....AND GS IS BETTING 7;1 BY YEARS END UP FROM 6.5:1
 
rcookie says():THERE WERE MANY...MANY REPORTS OVER HOLIDAY SEASON...WHEN WE WERE WAITING TO SEE 2010 CUSTOMS TARIFFS APPLIED...AS PER 2016 BUDGET AND LOI SMP.....
 
AND HUGE INTERNAL PRESSURE FROM IRAQI BUSINESS OWNERS SCREAMING FOR APPLICATION OF THESE NEW TARIFF RATES TO IMPORT GOODS...WHICH WERE IN THE MARKET ILLEGALLY WITH BASICALLY NO QUALITY STANDARD OVERSIGHT OR TAXING....
 
SO THESE HIGHER QUALITY DOMESTICALLY PRODUCED GOODS WERE IN THE MARKET LOSING THE COMPETITIVE SHELF SET BATTLE WITH THESE IMPORT GOODS ONAN UNEVEN PLAYING FIELD.....
 
THERE WERE MANY REPORTS THAT THE DOMESTIC PRODUCERS WERE IMPLEMENTING A STRATEGIC PREEMPTIVE VOLUNTARY PRICE REDUCTION IN ANTICIPATION OF THE NEWLY TAXED GOODS ENTERING THE IRAQ MARKET...WITH THESE NEWLY PRICED IRAQI GOODS JUST WAITING FOR THEM.....
 
POSTED A GREAT STORY ABOUT OWNER OF DAIRY PRODUCTS PLANT ....COMPETING WITH FRENCH AND SWISS IMPORTS...
 
rcookie says():Soon .. "al-Shahristani," hosted by the Parliament
 
03-04-2016 04:00 PM  Revealed to the Parliamentary Integrity Commission, said on Sunday its intention to host the Higher Education Minister Hussein al - Shahristani , who was oil minister in the previous government and the deputy prime minister for energy affairs in the session which was accepted, and anyone who was named in a corruption case oil contracts.
 
A member of the Commission and its spokesman Adel Nouri in a press statement, said that "the Integrity Commission , the parliamentary committee has been formed to be investigated in this file and give priority to the big importance , " pointing out that "this issue elevate to be organized crime at the international level."
 
He pointed out that " the Integrity Committee will hold a series of meetings with the Commission on oil and energy parliamentary for the purpose of investigating the case, which will be hosted al - Shahristani , and all those named in the case."
 
He called Nuri "Whoever has the information and documents about this case to provide the Committee with to get to the truth."
 
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rcookie says():AUCTIONS AT 104 M
jarhead says():not good supposed to go down
 
rcookie says():Iraq: the killing of 153 terrorists, including leaders
the source: BAGHDAD - Iraq's Ahmed, and agencies   Date: April 03 2016
 
Killing at least 153 terrorists from al Daash, including leading figures in separate operations in Iraq, the deadliest of the Iraqi aviation and airline alliance terrorists in Kirkuk and Anbar ..
 
The military statement announced managed to lead the island's operations Infantry Division VII, the federal police, the purging hand leap plant armed operation was successful, which killed at least 100 members of the «Daash», politicians and security officials said killed 50 element aerial bombardment on several areas while the elimination of the three elements of the terrorist organization near Baiji.
 
A statement by the Defense Ministry that the Iraqi forces were able to cleanse leap plant area and according to the statement «were not the Daash any resistance towards the armed forces during the operation», stressing that it was during the operation killed more than 100 terrorists, and destroyed dozens of bombs, wheels and armored, pointing to the «lack of The presence of security forces losses ».
 
The eighth statement distinctive and significant role for «flight international coalition, and force the Iraqi Air and Army Aviation and artillery, as well as reference by the citizens from within a leap hand who had a big role in the success of the battle by providing security forces with all the information about the presence of elements« Daash », and their localities and their headquarters».
 
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rcookie says():Washington has refused to Barzani referendum on secession from Iraq
 
He expressed the US consul in Arbil Matthias Mettmann during a visit to Arbil for his country's refusal to invite the outgoing Massoud Barzani of the referendum on the secession of the province from Baghdad.
 
US Consul pointed out that the security and economic challenges require Iraq to be united to confront them, which includes international vision for Iraq.
 
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jtank says():outgoing Barzani
tank says():does Barzani have an axe to grind w Bagdad--
 
rcookie says):Parliamentary Finance reveal the existence of "accounting tricks" turn her "Maysan Oil" to increase the profits of foreign companies
 
04/03/2016 16:09  He revealed the parliamentary finance committee member Majda al-Tamimi, on Sunday, for the accounting tricks used by Missan Oil Company to increase the profits of foreign companies to get their employees to large incentives, indicating that the committee will host the director of Missan Oil Company next Wednesday on the subject. "
 
She said Tamimi at a press conference at Parliament House attended by "Tomorrow's Press," that "there are accounting tricks used by Missan Oil Company to increase the profits of foreign companies in order to Estphadon employees for access to incentives,"
 
indicating that "after reading the final accounts for the oil company Missan and hold licenses for the right field Ahalfawih rounds discovered serious things from a financial point lead to increase the profits of the oil companies in exchange for the loss of Iraq. "
 
She added, "The companies rely on pricing called Policy (Coast Plus) which means that the more expenses Enlarge profit size, and thus deliberately to increase their expenditures in order to increase the size of their profits," pointing out, "the existence of an internal control of the company but they turn a blind eye,
 
because it learned because employees are paid incentives by 33%, and the higher corporate profits will take the largest amount of staff, saying, "the Finance Committee will host the director of Maysan company in the Finance Committee, because of these things, next Wednesday."
 
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rcookie says():   Document .. Minister of Construction refuses to attend the parliament session on Monday
04/03/2016 16:00 BAGHDAD / tomorrow Press: A commission of parliamentary services, on Sunday, refused to Minister of Construction and Housing, municipalities, Tariq Kikhany, attend the parliamentary session on Monday to answer questions from the Committee.
 
The Rapporteur of the Committee and MP for Diwaniya Huda Sajjad for "tomorrow's Press," "The House of Representatives Select in meeting tomorrow's agenda Monday paragraph of the presence of the Minister of Construction and Housing, municipalities Tariq Kikhany, to answer the questions you prepared in connection with the semi corruption and irregularities in the ministry.
 
She said "the minister Kikhany refused to attend the session tomorrow and Ajabna he apologizes for attending the hearing."
 
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rcookie says():In the midst of it confirmed the carpet, "exposure to a campaign of rumors and false accusations and fabrications by news agencies and social networking sites dubbed" Palmhbohh and paid the price "by those affected by its insistence on questioning the Minister of Municipalities."
 
The Presidency of the Parliament has set a hearing on Monday the date for the presence of the Minister of Municipalities to answer questions MP Huda Sajjad about topics related to the work of his ministry, including topics hovering quasi corruption.
 
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