TNT, KTFA, Bix Weir and More Friday Afternoon 9-27-19
Friday morning UPDATE for September 27, 2019
NEW BANK SOURCES HAVE OPENED UP TO ME.....AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS".....TODAY!
SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING.......BEFORE OPENING HOURS!!!
BEING TOLD......"AS SOON AS THE SCREENS REAPPEAR.....IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN....HA HA HA)
HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME
PAY ATTENTION.......OR BE WILLING TO PAY THE PRICE!!!!!!!
Samson: The Fed is pumping $ 110 billion into the US financial system
26th September, 2019
Federal Reserve Bank said in the state of "New York" more than $ 100 billion in the US financial system in the continuation of the Bank's efforts to ease short - term funding pressures
The New York Federal Reserve has pumped about $ 110.1 billion into the financial system, the Wall Street Journal reported Thursday
It was the American bank announced yesterday that it will raise the funds to be provided for loans overnight through repurchase agreements or repo today to 100 billion dollars from 75 billion dollars
In the middle of this month, the Fed began pumping more money into short-term financing markets to stem the sharp rise in borrowing costs and keep them within the target range of 1.75 to 2 percent
The Fed announced last week that it would conduct "repo" operations daily until October 10, by pumping at least $ 75 billion into the financial system LINK
Cornhusker: The over night trading between banks has been going on every night for the last 3 weeks at least 75 billion every night bank are about to go bust.they were charging 1 to1.5% interest for the transaction but now the rate is 10%
Samson: Ministry of Defense: Iraq will not be the starting point to attack Iran
The Iraqi Ministry of Defense announced that the territory of Iraq "a red line."
The spokesman for the ministry, Major General Tahsin al-Khafaji, on Friday, his refusal to turn Iraq into an arena for conflict between any conflicting. He added that "Iraq rejects the threats made by Iran or America, which threaten the interests of the two countries, and we stressed that Iraqi territory is a red line."
He stressed that "Iraq will not be the starting point for aggression against Iran, nor will it allow American interests to be threatened on its soil." LINK
Doodlebug: "Our view is that the Iraqi Government has OPENED the INVESTMENT WINDOW IN A MAJOR WAY. It is OFFERING major incentives; the IRAQI MARKET IS A PROMISING ONE. Companies across the WORLD are eager to ENTER the IRAQI MARKET because IT HAS very strong opportunities."
Chairman B2B Group
Samson: IBBC hosts Iraq Business Forum
27th September, 2019
The Iraq Britain Business Council (IBBC) is hosting over 250 Iraqi business people to a special trade and business conference in Westminster central hall on November 13th all day.
The business people will be looking for British companies to interact and meet, for imports and exports of a wide range of products and sectors.
British business does have a particularly attractive appeal to Iraqi's for its high quality reliable products, that tend to be innovative and supported by good servicing contracts. Its worth remembering that Iraq has a large and increasingly wealthy consumer sector with almost 40 million people, many of whom are wealthy and aspirational. Oil revenues are at record levels, the Governments budget is up 45% this year, with Govt salaries up 15% for the 7 million on their books, so the economy is set to grow 8% this year.
Growth and demand is surging across most sectors, and particularly quality consumer goods such as telecoms, textiles and fashion, entertainment ( VR and gaming equipment and software) let alone a big demand for trusted pharmaceutical products ( many that enter Iraq are counterfeit) medical equipment- to service the largely private health sectors with hospitals and doctors. Finally, the business to business area with a vibrant oil, gas and infrastructure sector, is driving strong demand for engineering products, equipment, pumps, solar and power oriented products, along with agricultural equipment and products.
There is no reason that British business cannot prosper and thrive with Iraqi importers, so we expect and exhort people to attend and meet these delegates.
The IBBC is also platforming some of our leading companies in Iraq including HWH Associates, Dar UK, MFL Finance and Turnkey Security with special session with the Governor of Basra and the UK Industry Forum association members. LINK
Popeye7: “Its worth remembering that Iraq has a large and increasingly wealthy consumer sector with almost 40 million people, many of whom are wealthy and aspirational. Oil revenues are at record levels, the Governments budget is up 45% this year, with Govt salaries up 15% for the 7 million on their books, so the economy is set to grow 8% this year.”
Need I say more!...
JP Morgan Silver Derivatives "GONE WILD"...100% Off Exchanges!!
RoadtoRoota: Sep 27, 2019
JP Morgan's silver derivative book has hit over 1 Billion ounces and it's NOT on the COMEX or LBMA! Criminals Gone Wild!! Has anybody seen Blythe Masters lately?!
The Fed Changed Some Very Important Language... Were On Our Way To Negative Interest Rates!
Silver Report Uncut: Sep 27, 2019
Economic collapse news. First we see that In a recent speech on monetary policy Jerome Powell kept referring to the effective lower bound a new term. Now the fed is very particular about the exact words they use in these speechs. The change from the zero lower bound to the effective lower bound could be the biggest signal yet that negative interest rates are on the way. The problem is all of these "stimulus efforts" won't work this time once they begin to figure this out, and I think they have by the action in the overnight repo markets.