More News, Rumors and Opinions Tuesday Afternoon

KTFA:

SamsonRussian newspaper: Iran loses control of Iraq

2nd August, 2022

The Russian newspaper "Expert Ru" saw that Iran has lost control of Iraq in a report published today, Tuesday, on the internal conflict in Iraq and the rejection of "Iranian guardianship" over it.

The report stated that Iraq is witnessing unrest. Hundreds of Iraqi Shiite demonstrators stormed the parliament building last week to protest the appointment of a new prime minister. She explained that in the Russian (as well as Western) circles close to the experts, an opinion has been established saying that neighboring Iran is the biggest beneficiary of the US invasion of Iraq.

In the end, however, Iraqi nationalism (or Arabism, if you will) triumphed over religious identity, just as it triumphed during the Iran-Iraq war (when Tehran's bet on the support of its fellow Iraqi Shiites did not work) for many years. , Iraqis - including Shiites - opposed Tehran's rule of their country and its incorporation into Iranian geopolitical projects.

According to the report's author, Georg Mirzagan, the newspaper said that there is now a dilemma. The installation of the pro-Iranian prime ministerial candidate, Muhammad al-Sudani, cannot be considered legitimate, because the main Shiite political force does not recognize him. It is very difficult to suppress this force and its leader.

She also said, the West views this situation with mixed feelings. On the one hand, the United States does not want a government crisis in Iraq, let alone the possibility of civil war. This would lead to a decrease in the volume of oil exported by Iraq, which means increasing the complexity of Western countries' plans to impose a price ceiling on Russian oil. On the other hand, the West needs Sadr in the context of the US-Saudi-Israeli confrontation with Iran.

According to the newspaper, that is why Western diplomats will now try to kill two birds with one stone, that is, prevent a civil war in Iraq and at the same time persuade the political forces there to reintegrate Al-Sadr into power. Preferably its main player. The only question is how can this be achieved?  LINK

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Samson:  A new drop in oil prices

2nd August, 2022

Oil prices fell again on Tuesday, as investors digested a bleak outlook for fuel demand with data pointing to a decline in global manufacturing as major crude oil producers meet this week to decide whether or not to increase supply.

Brent crude futures fell 77 cents, or 0.8 percent, to $99.26 a barrel, while West Texas Intermediate crude futures fell 67 cents, or 0.7 percent, to $93.22 a barrel.

The decline came after Brent crude futures fell on Monday to a session low of $99.09 a barrel, their lowest since July 15.

The benchmark US crude price fell to $92.42 a barrel, the weakest level since July 14.  LINK

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Courtesy of Dinar Guru

Walkingstick   [via Frank26]   How many dinars are there right now outside of their [Iraq] country?  InternationallyThey don't know.  Therefore a slow controlled release, a float, will help control the amount in circulation.  WhyTo help avoid currency inflation.  To avoid stealing.  To avoid counterfeiting.  To avoid smuggling at the boarders from Iranian politicians that have exchange companies.  To avoid Iranian influence.

Breitling  For any country to say that they are going to go digital, it's just a portion of it.  It's a part of their money supply. It makes it more efficient.  That's it.  No body is getting out of paper currency.  No body can afford to do that and no body wants to do that.  It would completely disrupt business...there's no articles out there that represent that style of economy coming down the road [For Iraq and the dinar].  

MARKETS JUST GOT RISKIER: Have Your Strategy in Place

Lynette Zang:  Aug. 2, 2022

Do you really have confidence in those that are leading us into this abyss and this transition from a debt-based monetary system into a “who knows what” monetary system? Well, I hate to tell you this, but the markets just got a little riskier and that's what we will talk about in this video.

 Chapters:

0:00 Headline News

1:44 Central Banks Lose Credibility

 5:19 Can Markets Count on Forward Guidance?

8:13 ECB Cuts Rates into Negative Territory

11:21 Breakdown in Key Tools

13:56 Noticeable Inflation Negatively Impacts Confidence

20:39 Worldwide Prices Rise

22:31 Global Gold Reserves Increase

24:47 If You Hold Gold, You Retain Choices and Power

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

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KTFA Members "News and Views" Tuesday PM 8-2-2022