News, Rumors and Opinions Sunday Afternoon 2-19-2023
KTFA:
Clare: Jawad Al-Yasari to / NINA /: The power of speculators and currency traders is delaying the government's measures to implement the new exchange rate
2/19/2023
Independent MP Jawad Al-Yasari confirmed: The power of speculators and currency traders is delaying the government's measures to implement the new exchange rate.
He told the National Iraqi News Agency / NINA /: that despite the government's good decision regarding the exchange rate, which to some extent stopped its rapid and continuous rise, its implementation procedures are still slow.
Al-Yasari added: The strength of traders and price speculators and their continued manipulation without committing to the new price delayed the implementation of the government decision.
And he continued: The government's procedures regarding this matter are slow and unclear, which require quick and effective steps that enhance citizen confidence in official procedures. LINK
Henig: Within a week. Iraq surpasses Saudi Arabia in its oil exports to America
2023-02-18 21:20
Shafaq News / The US Energy Information Administration announced on Sunday that Iraq's oil exports to America amounted to an average of 322 thousand barrels per day, exceeding Saudi Arabia's oil exports to America during the past week.
The administration said in a report seen by Shafaq News Agency, "The average US imports of crude oil during the past week from eight countries amounted to 4.709 million barrels per day, down by 1.354 million barrels per day from the previous week, which amounted to 6.063 million barrels per day."
She added that "Iraq's oil exports to America reached an average of 322 thousand barrels per day last week, up from the previous week, which amounted to oil exports to America at a rate of 230 thousand barrels per day, and also exceeds Saudi oil exports to America."
She also pointed out that "the most oil revenues of America during the past week came from Canada at a rate of 3.556 million barrels per day, followed by Mexico at a rate of 690 thousand barrels per day, and oil revenues from Saudi Arabia at a rate of 262 thousand barrels per day, and then Brazil at a rate of 195 thousand barrels per day."
According to the administration, "the amount of US imports of crude oil from Ecuador amounted to an average of 156,143 barrels per day, from Colombia at a rate of 75,<> barrels per day, and from Nigeria at a rate of <>,<> barrels per day, while no quantity was imported from Russia or Libya." LINK
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Courtesy of Dinar Guru
Walkingstick [via Frank26] They are pressing forward the new exchange rate...because everything waits for the new exchange rate - the banks, money exchangers, the budget, you name it, they all wait for the same thing - the new exchange rate.
Sandy Ingram Article: "The most mysterious..What did the Iraqi delegation achieve in its visit to Washington?" There was more about the meeting than the mainstream US press was revealing...there as a media silence surrounding the visit. The visit lasted 6 days...this is what we do know. 1. Daily auctions are a thing 0f the past. 2...Redirecting the Iraqi energy sector away from Iran. 3...Accusations against the Iraqi banking sector that allowed the Iranian regime to evade western sanctions. 4...Money laundering... We do know there is a high level of expectation of certain tasks being completed by the Iraqi government in a short period of time. We also know the delegation believed they could persuade the US Administration to postpone the restrictions imposed by the US Federal Reserve Bank on dollar transfers to Iraq. Yeah, that didn't happen...the article said the recommendations for the Iraqi delegations to follow what is described as media silence and not to reveal the scenes of what was discussed behind closed doors.
ALERT! New Gold/Silver Standard! Conspiracy Theory or Conspiracy FACT?!
(Andy Schectman & Bix Weir) 2-17-2023
We all know it's coming but who will decide what the New Money is going to be AFTER THE GLOBAL MONETARY MELTDOWN?
Here's a great conversation with Andy Schectman about what the future of money is and the coming role of both Gold and Silver to SAVE HUMANITY!
Central banks are replacing dollars with gold
Kitco News: 2-18-2023
The economy started the year on a strong note, and the gold market is taking a hit.
The Federal Reserve might need to raise rates more than expected since inflation is not coming down fast enough.
Here's a look at Kitco's top 3 stories of the week:
3. Macro data: Gold price drops below $1,850 as U.S. retail sales surprise on the upside in January https://www.kitco.com/news/2023-02-15...
2. Frank Giustra warns that the dollar will be dethroned in 'bifurcated' global monetary system https://www.kitco.com/news/2023-02-14...
1. Billionaire John Paulson: central banks are replacing dollars with gold, you are better off investing in precious metal than USD https://www.kitco.com/news/2023-02-14...