Dinar4Dinner

Anybody know what's going on with Warka? They haven't answered my last 4 emails over the last 6 months or so.

@dinarbeliever_ Nope. I've emailed Warka over a 3 month period. Nada. Zip. Crickets. Though maybe they enjoy lighted-toasted crickets!

Even in the quietest moments... an RV happen could happen when you least expect it.

Same here. Warning yet mine still opened up with https://

In Latin America the women throw "chanclas", which we call sandals

"the current situation requires extending the current legislative term of the House of Representatives and postponing its recess for a month until the approval of the 2024 budget tables" Doesn't this sound like they're keeping them on it for another month until they approve the budget? Not letting them take a break? Sounds like a serious commitment, IMO

Thanks Mary B! Does anyone have visibility of what the "proven" exchange rate was in last year's budget? Karim told Mawazine News, “The exchange rate of the dollar, the barrel of oil, and the quantity exported will remain the same according to what was proven in last year’s budget.”

You can still get parts for your DeLorean Time Machine! Go to the O’Reilly Auto Parts website - https://www.oreillyauto.com/ 11 and enter 121G in the search box.

Here's to clarity and agility of mind on the outcome, Screwball!

U.S. Oil Prices Hit 7 Year High U.S. oil prices surged to a seven-year high last Thursday, rising to more than $90 a barrel, and this could be bad news for the fight against the climate crisis. The surge comes a little less than two years after oil prices dipped below zero for the first time during the beginning of the coronavirus pandemic, when supply outstripped demand. However, since then demand has risen while producers have worked to moderate supply, as CNBC explained. “The oil market is so tight that any shock to production is going to send prices soaring,” foreign-exchange company Oanda’s Ed Moya told CNBC. “OPEC+ production is on cruise control with their gradual increase strategy, which means oil seems like it’s going to make a run towards $100 oil pretty soon.” Right now, one shock to production is the extreme weather event that has brought cold and snow to oil-producing regions in the U.S. “The latest upswing was triggered by a cold snap in Texas, which is fueling concerns about production outages in the Permian Basin, the largest U.S. shale play. A year ago, a period of extreme cold weather had caused massive disruptions to oil production there,” Commerzbank commodity analyst Carsten Fritsch said in a note to clients reported by MarketWatch. The winter storm has knocked out power to 350,000 homes and businesses in states including Texas, Tennessee and Arkansas, and more precipitation and ice is forecast for the eastern U.S. last Friday. Another factor in the surging oil prices are worries over tension between Russia and the Ukraine, as well as instability in the Middle East, CNBC reported. Finally, OPEC+ said last Wednesday it would not increase production to meet demand, but would instead stick to its original plan of upping production by 400,000 barrels a day, as CNN reported. The rebound in oil prices is another example of how the falling energy use of the initial lockdown period has not yet eased a transition to a renewable energy economy. U.S. greenhouse gas emissions rose 6.2 percent in 2021 compared to 2020 levels, for example, rising faster than the economy rebounded. And the economic rebound means that global coal demand has risen to record levels, The New York Times reported. High oil prices might mean that production increases after global investments in oil and gas projects fell by 30 percent in response to the pandemic. ExxonMobil said last Tuesday it would up its spending on new wells and other projects by as much as 45 percent. However, it’s also possible that high oil prices might drive consumers away from fossil fuels when possible, prompting them to purchase electric vehicles, for example. https://www.ecowatch.com/us-oil-price-surge.html

Oil could break the stock market’s back if crude ‘goes parabolic’ — How to prepare https://apple.news/AtIaM_6ywQtiS8kOC77l8_Q Oil futures are trading at seven-year highs, adding to jitters around a teetering stock market, and investors should be prepared for the possibility of a further surge to the upside, one chart watcher warned on Wednesday. “Oil could be what breaks the market’s back if it goes parabolic here. Watch out, but also make sure you have exposure to oil in case it does happen,” wrote technical analyst Andrew Adams in a note for Saut Strategy. West Texas Intermediate crude, the U.S. benchmark, has blown through price resistance levels that Adams said he had previously expected to give it some trouble. “When resistance is completely ignored, there’s usually a good chance an asset is going higher, but now there is a heavier resistance area around $85 where it stalled out late last year before dropping more than $20,” Adams said. “Above there, I don’t see much resistance at all until closer to $95 and by that time we could see some real fear about oil prices weighing on consumers that are already dealing with higher prices everywhere else. “Higher oil prices should continue to help the oil companies, but it also raises costs on many other industries and could further harm margins,” he wrote. WTI pushed well above the $85 level in Wednesday’s session. The front-month February contract CL.1 CLG22 rose 1.8% to close at $86.96. on the New York Mercantile Exchange, its highest close since Oct. 8, 2014. See: Oil builds on its highest price in more than 7 years as supply worries persist March Brent crude BRN00 BRNH22, the global benchmark, closed at $88.44 a barrel, a gain of 1.1%, on ICE Futures Europe, for its highest settlement since Oct. 13, 2014. WTI is up nearly 16% so far in the new year, while Brent has rallied 13.7%. Stocks, meanwhile, have stumbled to begin the new year as Treasury yields have surged, a move attributed largely to expectations the Federal Reserve will be much more aggressive than previously expected in raising interest rates and otherwise tightening monetary policy this year. In One Chart: Stock-market warning signal: Here’s what surging bond yields say about S&P 500 returns in next 6 months Treasury yields stabilized on Wednesday, but stocks remained under pressure, with the tech-heavy Nasdaq Composite COMP entering correction territory, defined as a drop of 10% from a recent peak. The Nasdaq is down 8.3% since the turn of the year, while the Dow Jones Industrial Average DJIA has dropped 3.6% and the S&P 500 SPX is down 2.8%. Read: The Nasdaq Composite just logged its 66th correction since 1971—here’s what history says happens next in the stock market Energy, however, has remained a bright spot in equities, with the sector up more than 16% so far in the new year and one of only two of the S&P 500’s 11 sectors, alongside financials (up 0.4%) in positive territory. Oil stocks are taking a cue from crude, poised to either break out and continue the rally or take a break, Adams said. The SPDR S&P Oil & Gas Exploration & Production exchange-traded fund XOP is up 12.6% in the month to date, but fell 1.1% on Wednesday. XOP is off to a great start to the year and its “big picture” chart is positive. But it’s trading at its upper volatility band and near where it ran into resistance a couple months ago — a “critical spot,” he said (see chart below). “It’s hard for me to suggest going heavy on it and oil stocks in general here at such an uncertain point, but I continue to think pullbacks in this group are for buying and oil stocks continue to be the best source of alpha in this market,” Adams wrote.

I stand in prayer!!! Blessings to Jimmy and you....

Dion Rabouin Fri, March 5, 2021, 4:44 AM·2 min read Data: FactSet; Chart: Axios Visuals Oil and gas prices jumped on Thursday after the Organization of the Petroleum Exporting Countries (OPEC) and allied producers said on Thursday that they would extend production cuts into April. The big picture: Oil is being driven by the production cuts of OPEC, a consortium of the world's largest producers, and expectations for a rebound in global demand as more countries emerge from coronavirus lockdowns. Crude oil has been a top performing asset this year, with variants like gasoline and diesel also delivering big gains in 2021 of 38.6% and 24.3%, respectively. The intrigue: OPEC has taken an incredulous approach to the massive rebound, suggesting prices could rise even more meaningfully in the coming months. Saudi Energy Minister Abdulaziz Bin Salman told journalists at a virtual press conference Thursday that the "jury is still out" on the future of the oil market. “At the risk of sounding like a stuck record, I would once again urge caution and vigilance." “Before we take our next step forward, let us be certain the glimmer we see ahead is not the headlight of an oncoming express train.” What's next: Gas prices in the U.S. already have risen to a one-year high and experts had predicted they could continue rising higher even before the unexpected extension of production cuts by OPEC. In addition to the price drivers see at the pump, this could have implications for the cost of air travel and the price of imported goods, which were already seeing increases thanks to global supply chain disruptions and increased inflation expectations.