Dinar Recaps

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KTFA, Frank26, Bix Weir and more Friday PM 1-3-2020

KTFA:

Samson:  The Secretary General of the United Nations affirms his support for the unity and stability of Iraq

31st January, 2020

United Nations Secretary-General Antonio Guterres emphasized the support for the unity and stability of Iraq.

A statement on the office of Foreign Minister Muhammad al-Hakim said that the latter "received a phone call from Antonio Guterres, the Secretary-General of the United Nations, and the recent developments in Iraq and the Middle East region were discussed."

"Guterres expressed the United Nations' willingness to provide the necessary support to Iraq at all levels to ensure its unity and stability," he added.   LINK

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Samson:  Legal expert: Iraq can recover the smuggled money in accordance with international law

30th January, 2020

Legal expert, Ali Al-Tamimi, confirmed that Iraq can recover the smuggled money in accordance with international law.

Al-Tamimi told Al-Ikhbaria that there is an agreement to combat administrative and financial corruption for the year 2005, and Iraq joined it in 2007, and it allows Iraq to request assistance in recovering the smuggled money, which was estimated at 500 billion dollars.

He added that "Article 50 of the Charter of the United Nations allows Iraq to request international assistance, as Security Council Resolution 2170 of 2014, which placed ISIS under Chapter VII, allows that."

He added that "Iraq can request the Security Council to refer the file to the International Criminal Court, where it considers corruption crimes and considered genocide and crimes against humanity."

LINK

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Samson:  American forces are establishing a security fence around its new airport near Ain Al-Asad base

17:36 - 01/30/2020

A security source said, on Thursday, that the American forces erected a security fence on the site of its new airport near Ain Al-Assad Air Force Base, west of Ramadi.

The source said to the "information" that "the American forces have established a security fence on the location of its new airport for B-52 planes near Ain Al-Asad air base in Al-Baghdadi district, Heat district, west of Ramadi."

He added, "The American forces have installed thermal surveillance cameras as well as barbed wire and prevented approaching the new site while flying and constantly flying over the sky of the airport to ensure the provision of security protection for the site in anticipation of its targeting."

It is noteworthy that the American forces expanded a short time ago the area of ​​Ain Al-Assad Air Base and took new lands close to the leap side to include them in the base area to establish an airport for B-52s."   LINK

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Samson:  Oil jumps as WHO declares a state of emergency

31st January, 2020

Oil prices jumped on Friday after sharp losses this week, as the World Health Organization opposed travel and trade restrictions in declaring a global emergency over the outbreak of the Corona virus, which appeared in China last year

Oil prices fell nearly four percent until Thursday this week, to reach the lowest level in three months, before recovering on Friday, in light of investors and dealers concerned about how the spread of the virus affects the demand for oil and its products

"The WHO decision ... which opposes restrictions on travel and trade against China has boosted market confidence, even though the organization declared a global emergency," said Margaret Young, market analyst at CMC Markets

Brent crude futures jumped $ 1.16 to $ 59.45 a barrel by 0532 GMT, after falling 2.5 percent in the previous session. And Brent is still down 2 percent a week

US West Texas Intermediate crude futures rose $ 1.06 to $ 53.20 a barrel. The crude contract fell 2.2 percent on Thursday and is now down 1.8 percent a week

The World Health Organization announced that the outbreak of the Corona virus in China, which has killed more than 200 people there and spread to about 18 countries, is now a public health emergency

Despite Friday's recovery, analysts remain cautious and warn of further downside risks if the virus continues to spread

The Italian government decided to suspend all flights between Italy and China, and airlines including Air France, American Airlines and British Airways have suspended flights to Chinese cities

Prices also received support from reports that Saudi Arabia had started discussions on submitting the date of the next meeting to discuss production policy until early February of March after the recent drop in oil prices  LINK

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Frank26:  1-31-29. MEAN DA CHICKEN

I think we are getting closer and closer……

https://www.youtube.com/watch?v=be2uSkbjGzE

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Courtesy of Dinar Guru

Chattels   It is Holy Day in Iraq. Not a lot of news today.  Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for allThe prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.

Jeff    ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today.  That's why Kuwait had changed the [their] rate towards the end of March...there are no delays.  There are no holdupsIf you want to say there's a delay or hold up you know what it is?  It's called the rate change...Iraq can't do a damn thing until that rate changeThey can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...

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Bix Weir

Silver, Stocks, Gold & Cryptos...When a Rigged Market Meets REALITY!

Jan 31, 2020

The reversal of 100 years of market rigging does not come quietly. It comes with a BANG!! Where will you be positioned when the Music Stops?!

https://youtu.be/lFPzgY-yHrg?t=6

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