More News, Rumors and Opinions Sunday Night 11-14-2021
TNT:
Jambie67: So, has a possible window tightened from Friday since we’re now interested in what the markets look like today when they open?
Annie68: Jambie, Same window...by Thanksgiving. It will be awesome if the US Treasury follows through!!!
RVAlready: Treasury said by Thanksgiving. Others said before Thanksgiving.
Yada: rvalready, with the 10 day window given last week, banks having to arrange the schedules of employees to work 5-7 days 7am-11pm, and my understanding we, the internet people, done by Thanksgiving, I'm expecting this week starting Monday into Tuesday
Tishwash: Economist: Iraq Needs The Oil Price To Stay At $85 For This Reason
The economist, Ali Al-Afandi, stressed, on Sunday, that achieving balance in the Iraqi economy needs to stabilize the oil price at 85 dollars per barrel.
Al-Affandi said, in a statement to the "Information" agency, that "the fact that prices remain at this point and that they do not decrease or rise will enable the government to restore recovery to its treasury, and thus it is possible to dispense with external borrowing, develop internal industries, and pay its internal loans."
He pointed out that “the rise in the price of oil to $90 or $100 will greatly harm oil prices because it will activate the production of American shale oil, which may be competitive with Arab oil, and therefore Iraq will be the first affected by this matter, because its share will be reduced to less than one and a half million barrels per day.”
He pointed out that “the rise in prices to this level must be invested, especially with the great oil discovery in Dhi Qar, in which more than one oil well appeared until last night,” noting that “the Ministry of Oil has to demand “OPEC” to raise Iraq’s percentage in the quantities of exported oil, taking into account due to his economic conditions.” link
************
Courtesy of Dinar Guru
Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're on television again - CBI news. They're talking about Iraq's gold reserves. They told us they have 96.4 tons of gold in our reserves and Iraq needs a balance in the basket of reserves and currency...they keep repeating it I guess they're trying to make sure we understand...
*************
KTFA:
Ryan1216: I'm praying Mustafa steps on the gas pedal of the monetary reform so we can cross the finish line. 2022 is right around the corner and I pray this doesn't go into next year
MilitiaMan: I pray too that this is not going that far.. The Digital Transformation is gaining steam and not slowing down, so, imo we still have a shot, as it is not only about Iraq, there is 136+ countries involved and have been for quite some time.
We have indicators that are supportive that there are things afoot as we cans see in the articles of late and recent times... They point to things are ready digitally now.
I believe it was PM Kahdimi who told them the expedite the E-government... That was days ago.. It has been since 10/31/20221 they launched the new digital system and said that digitals payment were to be imminent and that is not sounding like they are going to drag their feet... imo ~ MM
Lynette Zang: Silver & Gold Will Skyrocket When Debt Mountain Will Burst | Silver to $560?
Premiered 2 hours ago
MARKETS A LOOK AHEAD: Lions! Must Know NOW Updates AND MORE.
Greg Mannarino: Nov 14, 2021