Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content


Popular Content

Showing content with the highest reputation on 04/02/2020 in all areas

  1. 6 points
    Yeah it was funny. I roar with laughter and tears when I think of the ruby meisters . We all could use a chuckle.
  2. 4 points
    Happy Wednesday DinarVets! It's April first, which means you can expect some pranks today... all from 6 feet away, of course! There will be no RV pranks in this Weekly update, for the record. If I send out an RV text today, it's the real deal. (I have not yet!) Day 534,691 of the CoronaVirus lockdown... how is everyone doing? I ask out of real concern. As humans, we are a social species. Social distancing is something we are currently doing to control the spread of a virus that should burn out on it's own if we don't find a cure, but it's still a scary situation. Verizon reports that phone calls are double what they are on a normal Mother's Day, which is proof enough that we need human interaction... the Butterfly Effect is real, my friends, and it applies to more than butterflies and typhoons on the other side of the world. Stay strong and healthy through this, both mentally and physically! Wash your hands and don't be afraid to phone a friend that you haven't talked to in ages - you're stuck in the house, how many more times can you organize the pantry or clean the garage?! Whatever you do, be sure to show extra love and patience and kindness to the people you're stuck with right now. That's good advice on any day, and it goes double right now. On to the Weekly! The markets are a jungle, cryptos seem stable, OIL may have stopped the plunge but that's still uncertain, unemployment levels are and continuing that way indefinitely... is there any hope? There is always hope. There is also always truth to be found in adages, for example: Better late than never. Nothing ventured, nothing gained. As dinar holders, we are most certainly living by those two! One day, soon, these will be things that we look back on and smile about. The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us. These are wild and crazy times. Here's an example: Politicians rarely agree on anything, but a recent (historic) stimulus passed, unanimously. If you read my recent Budget and Auctions post, I described an equally possible scenario that would turn the Iraqi Dinar around overnight. Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. The only question is, when will it be and how prepared are you? This is going to be the “I told you so” group. When the world is crying about unfairness and how the rich get richer and a hundred other things, you can join them... or you can think back to that time you could have spent $100 on Amazon stock at $1.73 (currently $1,949.72), $75 on btc at less than 10 cents per coin, or $50 on VIP at DinarVets when the IQD was undervalued and represented an incredible opportunity. Quick forum PSA: I'm all for diversity and contrary opinions and intelligent discussions. This thread is a great example of intelligent people politely discussing something they don't fully agree on. I could also link to some examples of how not to have an intelligent and respectful debate, but I won't - I'm just going to issue a warning to anyone that comes here just to antagonize members, hit the "dislike" icon, or click that annoying "report" link on anything that you personally don't like. Warning issued. On a lighter note... @tjokie shared a new crypto with us in the VIP section. Might be worth taking a sWipe at this one. Before I head out - I mean stay in - this morning, I want to give a quick shout out to the hard working women and men out there still taking care of us... truckers on the roads, people working in the schools to prepare meals for the kids that need them, teachers improvising and doing the best they can with online classes and connections, health care workers, the people in the grocery stores, and more... I appreciate you all. And last but not least - get in the Powerball Pool! Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!! - Adam
  3. 4 points An American diplomat: You think we have a problem with Corona ... wait for what will happen in five countries, including Iraq World American diplomat Corona 2020/04/01 02:27:34 Shafaq News / Former US ambassador to Bahrain, Adam Ariel was surprised that the world believed that New York City had a real problem in tackling Corona virus, indicating that the real problem would appear in other regions. "If you think that New York has a problem, just wait for Corona virus to infect millions of internally displaced people and refugees in Syria, Lebanon, Iraq, Yemen, Kenya and Gaza," Ariel tweeted. He described these countries as the most densely populated area on the ground and social separation is impossible and suffers from failure of sterilization and health care efforts at the lowest levels ... they are time bombs. The tweet of Ariel, who previously served as deputy spokesman for the US State Department, comes as a comment on a tweet by the New York Red Cross Committee, in which she said "Victory over the pandemic lies only when countries, means and resources come together to contain and combat the spread of the virus ... This is the only way to move forward. " The health authorities in New York announced on Tuesday, that the number of dead people with Corona virus in the city exceeded 1000 people. According to the latest data, a total of 1096 deaths among 41,771 patients were recorded in the city, while 8,549 patients were transferred to hospitals for treatment.
  4. 3 points
    OMG ! I CANNOT BELIEVE IT ! DID YOU GUYS HEAR ? FOX just reported . POTUS Trump came down with a wicked case of the Corona virus. Pence is in quarantine. And Nancy Pelosi is our seated President !!!
  5. 3 points
    4-1-2020 Newshound Guru MilitiaMan The collectivism of all this data out now is not for just any old reason, imo. ...The timing of this at this juncture paints a vivid picture in my mind. It paints a major power play into view. Iraq has no where but up to go from here!!!. imo. ...We know CBI Gov. Alak has openly stated he was not going to devalue the IQD. It goes against all of that that has been done to keep the IQD stable and steady. ...Iraq can't borrow any money from the looks of it lately from anyone. But, if they have the ability to get into the secondary markets with their currency and their stock exchange, they can use those mediums to get dollars into the future. So not only could this be about Iraq going international in secondary markets terms, the FIMA just may be the mechanism to facilitate them to do so through the US FED.. Thereby, Iraq will need to reinstate their currency to do so. Which will support other currencies around the world. imo 4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!! - This is taken from another site that follows Adam's opinions and posts snippets from them. You can find Adam's full chat in our DV Chat Logs Forum at: Adam Montana Weekly 1 April 2020 4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year. 4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be... 4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
  6. 3 points Unprecedented Demand Destruction Marks The Return Of The Super Contango By Tsvetana Paraskova - Apr 01, 2020, 6:00 PM CDT These days, every corner of the oil market is “unprecedented”—from the demand destruction to the supply surge and the resulting glut. The oil futures curve is no exception and is also in a state never seen before. This is the super contango, the market situation in which front-month prices are much lower than prices in future months, pointing to a crude oil oversupply and making storing oil for future sales profitable. The last time a super contango appeared on the market was during the previous glut of 2015. During the peak of the 2008-2009 financial crisis, the super contango hit a record—the discount at which front-month futures traded compared to longer-dated futures was at its highest ever. The double supply-demand shock of the past month threw the oil futures market into another super contango. And this super contango is already beating previous records. The super contango is representative of the state of the oil market right now: the growing glut with shrinking storage capacity as oil demand craters, OPEC’s leader and the world’s top exporter, Saudi Arabia, intent on further cratering the market with a supply surge beginning this month. Storage costs are surging, and so are costs for chartering tankers to store oil at sea for future sales when traders expect demand to recover from the pandemic-hit plunge. The market structure flipped into contango in early February, when the Chinese oil demand slump in the coronavirus outbreak led to lower estimates for oil consumption. A month and a half later, oil consumption is set to plunge by 20 million bpd, or 20 percent, this month. Add to this the Saudi supply surge, and here we have what analysts expect to be the largest glut the oil market has ever seen. Earlier this week, the oversupply and fast-filling storage capacity sent the discount of the May futures of Brent to the November futures contract to the widest contango spread ever—$13.95 a barrel, higher than even the super contango at the peak of the 2008-2009 financial crisis. With the rollover of the front-month futures contract in April, the June Brent futures traded early on Wednesday at a discount of $10.30 a barrel to the November futures, while the June 2020 futures spread to the June 2021 futures was $13.59. One of the hottest ‘commodities’ in the market right now is storage—be it onshore or offshore—as commodity traders and oil majors are increasingly looking to profit from the super contango in several months’ time. Apart from the traders who manage to secure storage for stashing crude for sale in a few months, the other big winners of the super contango market structure are set to be tanker owners and operators, as rates for chartering tankers for storage are soaring. Related: Russia’s Plan To Bankrupt U.S. Shale Could Send Oil To $60 Over the next few months, the tanker companies will be the biggest winners from the double market shock as traders rush to secure what’s left of available crude carriers for storage in the super contango structure. The inventory buildup around the world will be so high that it will force up to 10 million bpd of global oil production to be “cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall,” IHS Markit said on Tuesday. “Under current conditions second-quarter global demand for oil is expected to be 16.4 million barrels per day less than a year ago. That is more than six times the record drop experienced during first quarter 2009 during the Great Recession. In April the drop will be even bigger,” said Aaron Brady, vice president, IHS Markit. “A combination of rapidly increasing crude supply and a buoyant market for crude storage is underpinning a very robust tanker freight market and strong cash generation presently,” tanker operator Euronav said in the outlook in its 2019 results release. However, it warned this would be a temporary event. “The second quarter of 2020 now looks like it will be one of the greatest quarters in history for large crude carriers, and while there will be a hangover at some point, this party is totally worth it,” Eirik Haavaldsen, head of research at Pareto Securities, told Financial Times this week. After the crude tanker operators, the next in line to profit from the super contango are the traders who will have stored oil to sell at higher prices several months or a year from now.
  7. 3 points Why The World Needs A Weaker Dollar By Yale Global - Apr 01, 2020, 6:30 PM CDT Major economies should pursue currency agreements to stabilize the US dollar, especially during the COVID-19 crisis, preventing a rapid rise against other currencies that is sure to trigger calls for protectionist measures. There is historical precedent. In 1985, the US dollar soared. The United States, West Germany, Japan, France and the United Kingdom – the Group of 5 world powers – met at the Plaza Hotel in New York on a Sunday in September, when markets were closed. Four nations agreed to appreciate their currencies to depreciate the US dollar. Rising dollar: With market volatility, investors seek safety with holdings in US dollars, hiking the currency's value in recent months (Source: Reuters) Multilateralism and discrete action were necessary to realign exchange rate stability and counter the strong dollar in the early 1980s, with particular significance to West Germany and Japan, two former adversaries that were gobbling up increased US industrial output. Former US Treasury Secretary James Baker III convenedthe meeting, expressing concern about rising protectionist sentiment among US industrial interests over an account deficit for the United States and surpluses posted by Japan and Germany. The meeting, held in stealth, was based on Baker’s close relationshipwith then-President Ronald Reagan, whose trust he had gained earlier as chief-of-staff. Baker’s idea ran counter to Reagan’s policy about controlling inflation with a strong dollar, but the president listened and liked the idea, knowing that protectionism over the long haul would do more to damage markets than promote domestic interests. The global economy faces a more calamitous situation today, namely with the COVID-19 pandemic, which has destabilized world markets and caused the dollar to rally against other world major currencies in a few weeks. Countries have feasted on cheaper, liquid dollars for several years and now the piper calls. In essence, a new Plaza Accord is necessary, even more so than in 1985, to soothe market volatility. Nonetheless, consider the many monetary changes over the last 35 years that may preclude such action: - World capital markets are much deeper, more complex and electronically integrated than in 1985. - Unilateralism, not multilateralism, is the guiding theme that most countries now pursue, as led by the United States. - China, a dollar-backed economy, would not readily agree to the depreciation of its vast dollar holdings. Related: Trump Proposes A $2 Trillion Infrastructure Intervention First, regarding the capital markets, dollar credit accounts for 14 percent of all non-bank global GDP as of 2018. In fact there are more $100 bills circulating worldwide than $1 bills, with 80 percent outside the United States. Bonds, loans and payments around the world are today denominated in dollars. These are not dollars owed to the United States, but rather covenants made between various parties that rely on the dollar as the most stable currency and the only game in town. The financial calamity caused by the coronavirus has delayed payments in king dollar, with numerous defaults expected soon or debts called in by creditors early. This has precipitated a global ripple. Dollars must be had, and quickly, or depreciating local currencies will result. The crisis has not spared even so-called safe-haven currencies such as the Japanese yen and Swiss franc from volatility, due to their liquidity for such payments. During crises, lenders seek to minimize risk. Further, commodity currencies, such as the Norwegian krone and Canadian dollar, which garner most of their support from stable oil prices, quickly depreciated with Saudi Arabia and Russia warring over oil-production cuts in the face of slackening demand. Second, with unilateralism, protectionism ensues. Countries try to contain the carnage on their own. Coordinated leadership is required. The US president, strongly unilateralist, seeks to influence economic policy directly. In the process, he has undermined trust among nation-states that he perceives as abusing US markets. This contrasts with Reagan’s style in 1985, authorizing Baker to pursue multilateral negotiations on his own. Massive credit “swap” lines, contracts recently opened by the US Treasury to reduce risks and assist aligned countries with dollar loans, are not enough to stem the tidal wave of demand. There are simply not enough dollars in the system to placate all outstanding dollar indebtedness. These debts include dollar-denominated sovereign and corporate issues from countries like Indonesia or Nigeria, which were later sold on world markets. Such bonds were not only absorbed by US investors, but also by those in the United Kingdom, Singapore, Dubai, and China. Third, China holds more foreign exchange reserves than any other country in the world, at last count, around $3 trillion. Foreign exchange is synonymous with the US dollar, generally speaking, with 62 percent of world reserves in dollars and euros a distant second at 20 percent. It would work against Chinese interests to devalue the yuan further. China, not a party to the 1985 Plaza Accord, is today the second-largest economy in the world, and its vast dollar reserves have assisted the nation in weathering financial storms better than other countries. Much of this was born during the financial crisis in 1997 when most Asian countries lacked the dollar reserves necessary to placate the stampede on local currencies. Yet such an agreement is unlikely. This time, developing countries are loaded for bear, hoarding dollars to the extreme. Nonetheless, many developing countries, such as Nigeria, Lebanon, and Turkey, have a much larger dollar debt-to-reserve ratio, even with large holdings, and feel the dollar squeeze. Slowdown: International trade growth was already slowing when the COVID-19 pandemic hit, triggering protectionist instincts and hoarding of US dollars (Source: Visual Capitalist) Nothing would assuage world markets more than orderly depreciation of the US dollar, with stabilization and appreciation of other currencies. A multilateral approach – conducted by a handful of leading finance ministers, with the backing of strong US financial leadership, away from news media – might calm global markets. None would want to tip the markets early, similar to the 1985 agreement when orderly depreciation of the dollar occurred and accomplished the immediate goal of rebalancing the dollar. Related: U.S. Drillers Face Doomsday Scenario As Some Crude Blends Hit $1 Today, the G20 has many more actors, many with political tendencies that resist the appearances of compromise. The European Union’s euro, successor to the French franc and Deutsche Mark, did not exist in 1985. Further, the digital world instantaneously conveys currency moves of any type. Any sudden market move would invite not only speculators but also reactionary capital controls from governments, both on dollar holdings and domestic currency. Nonetheless, this trying time of pandemic and collapsed oil prices mandates compromise and multilateral action – along with cooperation from a US president who holds his position based on "America first" policies. To be precise, the Plaza Accords were a prescription to soothe a short-term symptom of uncontrolled dollar strength, exactly what the world experiences now. Soon afterward, another agreement, the 1987 Louvre Accord in Paris, halted the dollar’s 18-month decline, exacerbated by speculators. Once again, the G5 agreed to exchange their currencies in a range, with a compromise between a pure floating and fixed-exchange-rate system. Japan was recognized as a world financial powerhouse during the Plaza Accord, and swelling of the yen’s value from ¥250 to ¥150 per dollar in a few months contributed to asset bubbles and fiscal mismanagement, eventually leading to stagnant growth and the “lost decade” of the 1990s for the Japanese economy. Nevertheless, the real target of both accords was West Germany, with its growing industrial might threatening to overwhelm US industry with an artificially low Deutsche-Mark exchange rate. Left unchecked, a soaring dollar will wreak havoc in emerging markets with rising inflation, collapsing currencies and a decline in US competitiveness. The 1985 agreement may have marked the last great initiative for multilateral control of the dollar’s ascendancy.
  8. 3 points
    I have not but most here will long and gone within one.
  9. 3 points
    Who Is Really Responsible For The Oil Price War At the end of March, Urals spot prices in northwestern Europe fell below $15 per barrel, a huge drop from the end of February when Urals spot prices had exceeded $50. Many observers attributed such a strong price collapse to the breakdown of the OPEC+ deal, and they blamed Russia for the suspension of the agreement. The breakdown of the agreement, however, was inevitable from the moment the OPEC+ deal was first signed in 2016. Russia agreed to cooperate with a very weak OPEC in order to salvage the balance of the market as well as to better its own economic status by raising revenues and achieving price stability for all members of the deal. In the end, Russia accomplished these goals. A decrease in production led to an increase in oil prices. From 2016 to 2018, the average annual price of a barrel of Brent rose from $44.1 to $71.1, according to the World Bank, and the Russian budget deficit (3.7 percent Of GDP in 2016, according to IHS) was replaced by a surplus (2.8 percent of GDP in 2018). But history has taught us that the breakdown of a cartel is never pretty. As well as affecting consumers, cartels normally harm their members and leaders, hence why almost all governments worldwide forbid cartels by law. Yet this is precisely why the collapse of the OPEC+ deal was inevitable. The Deal-Ending Process The fact that the breakdown of OPEC+ was inevitable does not explain why the March talks on the extension of the OPEC+ deal ended in failure. Regarding what happened on the ground, one can assume that Saudi Arabia had prepared a plan A and a contingency plan before entering the talks. Plan A was to surprise Russia in Vienna by pressing for a 1.5 bpd cut, including an unplanned prolongment of the deal until end of 2020. The contingency if that didn’t work was to pump as much oil as possible. Related: Oil Hits $20 For The First Time In 18 Years Understanding that Russia was neither technically nor contractually able to match the ‘surprise cut’, Saudi Arabia went ahead with its contingency plan and presented Russia as the antagonist in what is today referred to as a “price war”. However, Russia had no intention nor any desire to disrupt any supplies or vital revenues, especially during the harsh and unpredictable times of the COVID-19 pandemic. Therefore, in my view, stating that Russia is responsible for this crude dumping process is misleading and not at all logical. A Price War versus the Dumping Strategy Today, everybody seems to consider the current situation to be a price war. Well, I don’t see it that way at all. I see it as a price shock and a dumping strategy by only one participant: Saudi Arabia. Saudi Arabia chose to play hardball and present Russia with an ultimatum just as the COVID-19 pandemic was majorly disrupting the global economy. The impact of this action on the other OPEC members will be horrific and even fatal for some. We know very well how European consumers and end-users react to “dumpers”. No long-term contracts will be signed, and usually dumpers are set on a “blacklist”. Sooner or later, this is exactly what will happen. Consequences for Russia A drastic drop in oil prices will become a “stress test” for the Russian budget, which will have to adapt via its many monetary alternatives. However, Russia is much less dependent on oil than many observers think. For example, extraction accounts for 43 percent of the Russian industrial structure, a bit less than manufacturing (47 percent, as per Rosstat data). At the same time, revenues from oil exports contribute to 21 percent of Russia’s GDP, according to the estimates from CREON Energy, while in Norway this figure is 32 percent. Moreover, in terms of oil production per capita, Russia is far behind Norway (4,128 VS 18,002 liters per year, according to CIA), Saudi Arabia (18,502 liters per year) and Kuwait (35,536 liters per year). Therefore, the consequences of oil price collapse will be no more dramatic for Russia than it will be for other major oil-producing countries. Consequences for the US Shale Industry The free fall of oil prices is now affecting the vulnerable U.S. shale industry. In the last four years, shale has come under the control of the financial sector, which heavily invested in companies without any sustainable competitive advantage in the global oil market. For example, they invested in companies producing “light” grades of oil that are not required in the US local market nor are they required for exports as massive volumes of these grades are available on the market already. Several OPEC and non-OPEC countries produce these grades and are highly reliant on them. Therefore, most of the “new” oil-producing companies in the US are highly over-valued, while proving low covering assets. The claim of US “energy independence” appears to have pushed authorities, Wall Street investors, banks and funds into chasing uneconomical investments. They then demand additional investments and further expansion, which in turn required even more capital to cover the deep ongoing losses. These companies sold billions of dollars in notes, bonds, and shares in order to fund semi-viable or even questionable acquisitions and, naturally, the value of those bonds have crashed instantly due to their real “balance sheets”. These papers turned into “junk”. Related: An Oilman’s Plea To President Trump This picture was more than clear for policymakers around the globe and it is now time for the US to clarify this rapidly growing “cash-burning” phenomenon and to ask the question – Was this the correct way to conduct business? More than 6000 local drillers, for what? Maybe, we could consider a new rational approach or a logical consolidation eyeing the real national interest in oil? Consequences for Environment Finally, COVID-19 will bring awareness to the environmental issues within the industry. I’m confident that the green approach will be stronger than ever on the other side of this crash. Investors will understand that all green energies, such as wind, solar and hydrogen are much safer and much more sustainable to invest in. All gambling, non-viable, unsafe investments in hydrocarbons will simply disappear forever. It is true but sad that the COVID-19 symptoms, syndromes, signs and its outcomes for mankind are very similar to the occurrences that are taking place in the world economy. The virus fatally harms branches that are old and chronically sick, leaving the young and healthy ones to live long and prosper. Unfortunately, there is always collateral damage, but it will certainly not be the vision of a “green economy”. The remaining post-COVID-19 oil operating countries will definitely continue to actively fund this new green era. But this can only happen under one condition: no more oil nations dumping crude onto markets. Ironically, as I am finalizing this article, a plane with medical equipment is on its way from Russia to the United States, and the OPEC+ output cut deal is officially coming to an end today on April 1st.
  10. 3 points
    Yota, my man, just want to Thank You and welcome you back. Miss those weekend coffees with your post. You were truly missed.
  11. 3 points
    Warnings exchanged between Washington, Tehran, and Trump threaten to pay the heavy price April 1, 2020 32 Washington - Morsi Abu Touq US President Donald Trump warned Iran Wednesday to pay « heavy price » if they are attacked Or its allies in Iraq, the American forces deployed there. According to a tweet US President « If this has happened, Iran would pay a very high price » . The Trump « based on information, Iran or its allies are planning a surprise attack targeting US forces and / Or facilities in Iraq. ” However, it was not clear whether the White House master meant that Washington has intelligence on that plan. A US official told Reuters, according to its website on Wednesday, that US intelligence information about a possible attack Iran supports it on American forces and installations in Iraq, indicating that it would be an attack that could not be denied Similar to the missile attack launched by Tehran in Iraq in January. The official, who asked not to be named, added that the CIA has been following leads for a possible attack Waged by Iran or the forces supported by Iran. The official did not disclose information about the exact timing of the attack or its targets. The United States and Iran are locked in a fierce struggle for influence in Iraq, where Tehran has the support of actors and factions. Armed, while Washington maintains close relations with the Iraqi government. The spread in Iraq , about 7,500 US troops under the US - led coalition to help Iraqi forces Countering jihadist groups, but this number has declined significantly this month. The coalition is working to return trainers to their country in a precautionary measure against the background of the emerging Corona virus On evacuation of bases occupied in Iraq. Those bases, as well as foreign embassies, especially the American diplomatic mission, have suffered more than twenty missile strikes since late October / October. The attacks, which the United States blamed on the Iranian-backed crowd, have raised fears of a proxy war on Iraqi lands. Iran was warned Wednesday the United States from the risk of dragging the Middle East to « catastrophic situation » in The crisis of the new Coronavirus, in the aftermath of Washington's deployment of the Patriot air defense missile system in neighboring Iraq, has been fought . Washington and Baghdad are negotiating to deploy air defense system since January / January while targeting Tehran 's missiles Ballistic Ayn al-Assad base in western Iraq, where hundreds of American soldiers are stationed, in response to the general's assassination Qasim Soleimani. US and Iraqi military sources told Agence France-Presse Monday that the Patriot air defense missile system was deployed in Iraq without specifying whether the United States eventually obtained the approval of the Iraqi government No The Iranian Foreign Ministry said in a statement Wednesday that the « activities ( military ) conflict with the position The official Iraqi government and its parliament and its people » . The ministry considered that the American military activities « could drag the region into instability » and to « catastrophic situation » , calling to avoid « causing tensions ( ... ) during the Corona emerging crisis » . Iran, which is officially counted more than three thousand deaths from the virus, is one of the countries most affected Of the global epidemic. In the United States, the number of deaths has exceeded 4,000, according to Johns Hopkins University. Iranian Foreign Ministry said that it should Washington « to respect the desire of the Iraqi people and their government and leave the country » . After Washington assassinated the commander of the Qods Force in the Iranian Revolutionary Guard, Qassem Soleimani, and the deputy head of the PMF Iraqi engineer Abu Mahdi in Baghdad in January / January, the Iraqi parliament voted to end the presence of Foreign forces, especially the Americans, on Iraqi soil. However, the Iraqi government has not announced plans to proceed with this project while it is still in Iraq More than five thousand American soldiers. An American military official and an Iraqi military source, who did not reveal their names, confirmed to AFP that no one was being installed Patriot batteries at the base of the Lion's Eye. The American official said that another battery arrived at a base in Erbil, the largest city in the Kurdistan region of Iraq. The official added that two other batteries are still in Kuwait, awaiting transportation to Iraq. Patriot systems consist of highly sophisticated radars and interceptors that can destroy a ballistic missile while it is flying. Iraq was opposed to the deployment of the American defense system for fear that it would be seen by its neighbor, Tehran, the archenemy regional enemy United, as a threat and escalation. He warned head of the caretaker government , Adel Abdul - Mahdi Monday of « the gravity of any military action without Iraqi government approval » , without reference to the Patriot.
  12. 3 points
    I'm so tired I had to read that twice before I got it....LOL!!!
  13. 3 points
  14. 3 points
  15. 3 points
    Haha! Well it looks like there are two folks on here who have no sense of humor! 😁 Appreciate the laugh NY Kevin! Happy April Fools Day everyone 🤪
  16. 2 points
    Thank you for your post Adam. We also know the words, anyday now, right around the corner, and SOON!!!
  17. 2 points
    Very good break down, Synopsis (I think you have me blocked lol). I was praying about your video today @NEPatriotsFan1 and I thought about the fact that Satan knows the scriptures and knows how to twist them to bring doubt, fear, and confusion. Be careful of people who use scripture and mix it with other beliefs or new age. I do not believe there is bad versus evil; I believe there is good versus evil. I believe President Trump was put in office to thwart the plan of the enemy. We need to surround him with prayer - the attacks are fierce. In these last days we will have to be sensitive to the Holy Spirit in all of our decisions.
  18. 2 points
  19. 2 points
    So cleaver Thugs. Love it.
  20. 2 points
    The coming disaster in bankruptcy of Iraq Last updated: April 1, 2020 - 11:52 am Written by: Jumah Abdullah It guaranteed the collapse and deterioration of oil prices in global markets, with the worsening of the Corona virus crisis, and the spread of infection very seriously. Within this terrifying climate that surrounds the world. The price of a barrel of oil reached less than $ 20. This constitutes a setback and a suffocating crisis for the oil-producing countries, and in Iraq it will have devastating and deadly effects, under a powerless, paralyzed and rotten government, by the militias affiliated with the Iranian loyalty. Who put Iraq in the pocket of Iran. They depleted the Iraqi financial treasury to pour into the Iranian arteries, and give it the elixir of life and permanence, in the face of the deadly storms that Iran faces, as it heals bankruptcy and the collapse of the system. The influx of billions of dollars comes to stop the deterioration and bankruptcy of the Khamenei regime. At the expense of disrupting the Iraqi machine and making it dependent on Iran, and making Iraq a local market to Iran that exports its goods, and even weak, consumed and tired electrical energy, Iraq buys them in billions of dollars annually. In recruiting Iraq financial energies to serve Iran. Even the money obtained from the border outlets and ports, Iran obtains it with the lion's share of the money. And deprives Iraq of it and who, thus, made the Iraqi state a thousand punished, paralyzed and idle in providing all basic services to the citizen, including medical and health services in their miserable and scarce state. The case of the tragic hospitals is deplorable. Because all the money that was allocated alongside the medical and health services was looted, stolen and vowed between corruption and corrupt, during the booming oil prices globally until the price of a barrel of oil reached 80 dollars, how should Iraq be when a barrel price is sold less than 20 dollars, and within this terrifying climate in the spread Corona Virus . The government and the Ministry of Health are totally unable to take action to combat the Corona virus and protect citizens from the risk of infection and death. The Minister of Health stated: He requested from the government and the Ministry of Finance a small amount of $ 156 million, to purchase the equipment needed to combat the Corona virus. But the government did not respond to a request, and it cannot provide it. Therefore, he made a humanitarian appeal to the financially empowered groups to seek financial assistance and assistance, before the Ministry of Health inflicted disability and failure to confront the dangers of the epidemic that is spreading alarmingly among the citizens. But he did not get from this humanitarian appeal and call, except for a very simple amount, while the governments of the world are pumping billions of dollars in the medical and health aspect in the face of the dangerous and deadly epidemic. The situation in Iraq is heading for a serious deterioration, within the severe and serious crisis in the decline in oil prices. So that the monthly financial deficit for Iraq, as a result of this serious setback, becomes more than two billion dollars per month. And so that he can not walk only to pay the salaries of workers, employees and retirees, even if he cut salaries by half. As long as the Iranian ghoul is on the lookout for Iraq’s money even in its scarce state, because Iraqi money is the elixir of life to the Iranian regime. Without this lifeline, he will inevitably face bankruptcy. Therefore, militias affiliated with Iran are active in pumping money because its fate is linked to the fate of the Iranian regime. If we take into consideration that the International Monetary Fund refused to lend to Iraq a financial loan even on an unfair condition, under the pretext that Iraq was going to bankruptcy and could not pay the burdensome debt on it. This catastrophe that brought Iraq to it. From the rule of the religious and sectarian parties. LINK
  21. 2 points
    Who Doesn’t Expect It To Rise ... Be Sure To ‘Thank’ Ur Ayatollah Neighbor ... Hey Pitcher - Who’s On First ...
  22. 2 points
    Oil PriOil Prices Hit 20-Year Lows, But These Supermajors Are Hanging On Tight Oil punters have been watching unfolding developments in the energy space with bated breath after Saudi Arabia made good on its promise to ramp up production to 12 million bpd, and Russia indicated plans to refrain from further production hikes saying such a move is unprofitable. The declarations have come hot on the heels of a flurry of U.S.-driven diplomacy, with Trump talking to both Saudi and Russian leaders, though the former OPEC+ allies have no interest in speaking to each other, as per the Kremlin. Any agreements to cut supply by either party at this juncture are, however, likely to be a case of too little too late, with trading house Vitol projecting global demand to fall by as many as 30 million bpd in April amid a crippling global pandemic. Not surprisingly, Trump has tried to paint the desperate situation in a more positive light: "People are going to be paying 99 cents for a gallon of gasoline," he has said. "It's incredible in a lot of ways. It's going to help the airlines." Energy companies might not share his enthusiasm, though. A prolonged oil price war could threaten the survival of hundreds of U.S. shale companies, with as many as 50% likely to face bankruptcy sooner rather than later. With oil appearing to be holding steady just above $20 a barrel, Mark Newton of Newton Advisors has told CNBC's Trading Nation that he believes that the low isn't in yet for crude. Lowest Costs Lowest cost producers are better placed than most to weather the carnage. Although U.S. shale companies have been able to cut their average production costs by nearly half to around $43.83 per barrel compared to $82.75 per barrel in 2012, only 16 U.S. shale companies can make money at oil prices below $35 per barrel as per Rystad Energy via Reuters. Related: $1 Oil: Saudi Arabia's Attempt To Crush U.S. ShaleThe big-daddy of the space, Exxon Mobil Corp. (NYSE: XOM), boasts a break-even point of $26.90 per barrel at its New Mexico oilfields, representing about a quarter of its Permian output. Although the company is yet to make any production cuts, it has closed a crude distillation unit at its 502.5K bbl/day Baton Rouge refinery in Louisiana, citing low demand. Exxon's current dividend yield of 8.96% ranks as the 5th highest among integrated oil and gas companies. The company's debt-to-equity ratio of 0.25 is considerably lower than the industry median of 0.47 though its fwd price-to-cash flow ratio of 7.37 highlights its rather weak cash flow compared with the sector median of 2.25. Exxon has long been considered the gold standard in the oil-and-gas credit ratings. But that changed (slightly) in November after S&P Global lowered the company's rating to A.A. from AA+ on cash flow concerns. Exxon appears to be confident of its position, with Pioneer Natural Resource CEO Scott Sheffield recently accusing it of blocking help from the American government for the U.S. shale industry in a bid to kill smaller shale companies. Chevron Corp. (NYSE: CVX) recently announced a 20% cut in its FY 2020 guidance for organic capital and exploratory spending of $20B to $16B as well as suspension of its $4B stock buyback program, in a strong response to the oil price crash. Chevron will end the first quarter, having spent just $1.75B of the $5B earmarked for buybacks in the current financial year with no plans for further repurchases. Meanwhile, much of the CAPEX cuts will come in the Permian Basin--a key engine of Chevron's production growth. Chevron expects to cut production in the basin by 20%, translating into 125,000 fewer barrels of oil equivalent per day--or 2.5% of the basin's total current production. Chevron, however, has kept its dividend program intact with management reaffirming that it remains 'very secure, with CVX shares sporting a 7.17% dividend yield, the 7th highest in the integrated energy sector. The company's debt-to-equity ratio of 0.19 has come down considerably from a multi-year high of 0.32 in early 2017 while its fwd price-to-cash flow ratio of 7.91 is worse than the sector median of 2.25. EOG Resources (NYSE: EOG) can make money at oil prices below $35 per barrel. Its debt-to-equity ratio has declined steadily from a multi-year high of 0.60 in 2016 to around 0.24 recently. EOG has maintained its A3 rating on Moody's despite recently cutting CAPEX by 31%. Devon Energy Corp. (NYSE: DVN) is another sub-$35/barrel oil producer. The company has gone on a spending-cut rampage, lowering CAPEX twice in the space of a month by 45%. The company will slash spending by 29% in the current fiscal period and reduce drilling activity in a bid to preserve liquidity. Devon has a healthy 6.37% fwd dividend yield, while its debt-to-equity ratio of 0.74, though high, has been improving from 2.60 in 2016 while its and price-to-free cash flow ratio of 2.07 trumps the industry median of 2.25. Related: What Happens If You Can’t Pay Your Electricity Bill? The Riskier Picks Occidental Petroleum Corp. (NYSE: OXY) boasts operating costs below $30 per barrel; however, its debt position has deteriorated considerably, with the debt-to-equity metric jumping from 0.50 in mid-2019 to 1.12 currently thanks mainly to its highly leveraged acquisition of Anadarko in August that left it with a $40-billion debt load. Denver-based shale producer SM Energy Co (NYSE: SM) has hedged 80% of this year's oil production, which guarantees it oil prices of about $55 to $58 per barrel, meaning it might not be under tremendous pressure to cut production or lower spending quickly. However, the company's high leverage (debt-to-equity ratio of 0.99) and weak liquidity leave it vulnerable to a selloff. Fat Dividends For investors hunting for something different other than traditional oil and gas stocks, EQM Midstream Partners (NYSE: EQM), an MLP, or Master Limited Partnership, of Equitrans Midstream Corp., is an interesting proposition. With a 39.3% dividend yield, EQM easily trounces the sector median yield of 10.5%. Another significant advantage: being an MLP, EQM combines the liquidity of publicly traded companies and the tax benefits of private partnerships because profits are taxed only when investors receive distributions. Further, MLPs pass on the majority of their earnings to unitholders thanks to their unique hybrid legal structure (they have no employees with general partners providing all necessary operational services) and also transfer deductions such as depreciation and depletion, which lower your cost-basis and your taxable income as well. Their fat distributions can offer a measure of downside protection in choppy energy markets.
  23. 2 points
    Worth the watch. Thank You @NEPatriotsFan1 for posting the video. Amazing how The LORD works. If Interested, please look at these informative videos: The Second Coming Of Jesus The Mark Of The Beast Less irritating than the one @NEPatriotsFan1 posted but worth listening to to understand The LORD's working. Oh, boy, I could go all over the place with all this but will put out some things as starters for comments and further questions/comments. Of course, I am not the end all know all just offering up my experiences and perspectives. I will admit that I am a reluctant believer in the rapture. Looking at Scripture, I have some to my own conclusion. I am reluctant believing because nowhere in Scripture is a person excluded from torture and/or death from serving The LORD and namely God The Son Jesus Christ. The Prophets were killed as well as the Apostles. Jesus even lamented over the killing of the Prophets. Matthew 23:29-39 New International Version (NIV) 29 “Woe to you, teachers of the law and Pharisees, you hypocrites! You build tombs for the prophets and decorate the graves of the righteous. 30 And you say, ‘If we had lived in the days of our ancestors, we would not have taken part with them in shedding the blood of the prophets.’ 31 So you testify against yourselves that you are the descendants of those who murdered the prophets. 32 Go ahead, then, and complete what your ancestors started! 33 “You snakes! You brood of vipers! How will you escape being condemned to hell? 34 Therefore I am sending you prophets and sages and teachers. Some of them you will kill and crucify; others you will flog in your synagogues and pursue from town to town. 35 And so upon you will come all the righteous blood that has been shed on earth, from the blood of righteous Abel to the blood of Zechariah son of Berekiah, whom you murdered between the temple and the altar. 36 Truly I tell you, all this will come on this generation. 37 “Jerusalem, Jerusalem, you who kill the prophets and stone those sent to you, how often I have longed to gather your children together, as a hen gathers her chicks under her wings, and you were not willing. 38 Look, your house is left to you desolate. 39 For I tell you, you will not see me again until you say, ‘Blessed is he who comes in the name of the Lord.’[a]” Footnotes: Matthew 23:39 Psalm 118:26 So why would I be spared? After all, wouldn't that be a real test if I truly believe in and trust HIM? Well, OK, HE is God and can do whatever he wants. For the Second Coming Of God The Son Jesus Christ, if there was a specific prophecy about HIS Second Coming, then God The Son Jesus Christ would have to fulfill it perfectly without any deviation. Say I was at the farthest reaches of the universe and claimed I would stand on the pinnacle of Mount Everest. Pretty specific? What if I landed on the earth's moon instead? Pretty close so we're good? Not really. Well, OK, I end up in orbit in the earth's gravitational pull. Pretty close so we're good? Not really. Well, OK, I ended up on Mt. Everest instead. Pretty close so we'er good? Tall mountain. Not really. The point here is the Second Coming Of God The Son Jesus Christ is noted here: Zechariah 14:1-5 New International Version (NIV) The Lord Comes and Reigns 14 A day of the Lord is coming, Jerusalem, when your possessions will be plundered and divided up within your very walls. 2 I will gather all the nations to Jerusalem to fight against it; the city will be captured, the houses ransacked, and the women raped. Half of the city will go into exile, but the rest of the people will not be taken from the city. 3 Then the Lord will go out and fight against those nations, as he fights on a day of battle. 4 On that day his feet will stand on the Mount of Olives, east of Jerusalem, and the Mount of Olives will be split in two from east to west, forming a great valley, with half of the mountain moving north and half moving south. 5 You will flee by my mountain valley, for it will extend to Azel. You will flee as you fled from the earthquake[a] in the days of Uzziah king of Judah. Then the Lord my God will come, and all the holy ones with him. Footnotes: Zechariah 14:5 Or 5 My mountain valley will be blocked and will extend to Azel. It will be blocked as it was blocked because of the earthquake For the rapture: 1 Thessalonians 4:13-18 New International Version (NIV) Believers Who Have Died 13 Brothers and sisters, we do not want you to be uninformed about those who sleep in death, so that you do not grieve like the rest of mankind, who have no hope. 14 For we believe that Jesus died and rose again, and so we believe that God will bring with Jesus those who have fallen asleep in him. 15 According to the Lord’s word, we tell you that we who are still alive, who are left until the coming of the Lord, will certainly not precede those who have fallen asleep. 16 For the Lord himself will come down from heaven, with a loud command, with the voice of the archangel and with the trumpet call of God, and the dead in Christ will rise first. 17 After that, we who are still alive and are left will be caught up together with them in the clouds to meet the Lord in the air. And so we will be with the Lord forever. 18 Therefore encourage one another with these words. In 1 Thessalonians 4:17, we meet God The Son Jesus Christ in the clouds. In Zechariah 14:4, God The Son Jesus Christ touches ground on the Mount Of Olives. So, I do not agree with what the video @NEPatriotsFan1 posted disregarding the rapture. The videos I linked above do not reference the video but, in my opinion, give a clear and accurate depiction of The Second Coming Of God The Son Jesus Christ and the Mark Of The Beast. Another reason I believe the Believers in God The Son Jesus Christ will be raptured is noted here: 2 Thessalonians 2 New International Version (NIV) The Man of Lawlessness 2 Concerning the coming of our Lord Jesus Christ and our being gathered to him, we ask you, brothers and sisters, 2 not to become easily unsettled or alarmed by the teaching allegedly from us—whether by a prophecy or by word of mouth or by letter—asserting that the day of the Lord has already come. 3 Don’t let anyone deceive you in any way, for that day will not come until the rebellion occurs and the man of lawlessness[a] is revealed, the man doomed to destruction. 4 He will oppose and will exalt himself over everything that is called God or is worshiped, so that he sets himself up in God’s temple, proclaiming himself to be God. 5 Don’t you remember that when I was with you I used to tell you these things? 6 And now you know what is holding him back, so that he may be revealed at the proper time. 7 For the secret power of lawlessness is already at work; but the one who now holds it back will continue to do so till he is taken out of the way. 8 And then the lawless one will be revealed, whom the Lord Jesus will overthrow with the breath of his mouth and destroy by the splendor of his coming. 9 The coming of the lawless one will be in accordance with how Satan works. He will use all sorts of displays of power through signs and wonders that serve the lie, 10 and all the ways that wickedness deceives those who are perishing. They perish because they refused to love the truth and so be saved. 11 For this reason God sends them a powerful delusion so that they will believe the lie 12 and so that all will be condemned who have not believed the truth but have delighted in wickedness. Stand Firm 13 But we ought always to thank God for you, brothers and sisters loved by the Lord, because God chose you as firstfruits[b] to be saved through the sanctifying work of the Spirit and through belief in the truth. 14 He called you to this through our gospel, that you might share in the glory of our Lord Jesus Christ. 15 So then, brothers and sisters, stand firm and hold fast to the teachings[c] we passed on to you, whether by word of mouth or by letter. 16 May our Lord Jesus Christ himself and God our Father, who loved us and by his grace gave us eternal encouragement and good hope, 17 encourage your hearts and strengthen you in every good deed and word. Footnotes: 2 Thessalonians 2:3 Some manuscripts sin 2 Thessalonians 2:13 Some manuscripts because from the beginning God chose you 2 Thessalonians 2:15 Or traditions New International Version (NIV) Holy Bible, New International Version®, NIV® Copyright ©1973, 1978, 1984, 2011 by Biblica, Inc.® Used by permission. All rights reserved worldwide. The key verse, to me, is verse 7 that I will show from the Mounce Reverse Interlinear: 2 Thessalonians 2:7 Mounce Reverse-Interlinear New Testament (MOUNCE) 7 For gar the ho mystery mystērion of ho lawlessness anomia is already ēdē at work energeō; however monon, the ho one who is now arti restraining katechō will continue to do so until heōs he is taken ginomai away ek mesos. ὁ (ho) Strong: G3588, G5120 GK: G3836 the prepositive article, answering, to a considerable extent, to the English definite article; but, for the principle and facts of its usage, consult a grammar; ὁ μὲν ... ὁ δέ, the one ... the other, Phil. 1:16, 17; Heb. 7:5, 6, 20, 21, 23, 24; pl. some ... others, Mt. 13:23; 22:5, 6; ὁ δέ, but he, Mt. 4:4; 12:48; οἱ δέ, but others, Mt. 28:17; used, in a poetic quotation, for a personal pronoun, Acts 17:28 ἄρτι (arti) Strong: G737 GK: G785 pr. at the present moment, close upon it either before of after; now, at the present juncture, Mt. 3:15; forthwith, presently; just now, recently, 1 Thess. 3:6; ἕως ἄρτι, until now, hitherto, Mt. 11:12; Jn. 2:10; ἀπ’ ἄρτι, or ἀπάρτι, from this time, henceforth, Mt. 23:39 κατέχω (katechō) Strong: G2722 GK: G2988 (1) transitive, to hold down; to detain, retain, Lk. 4:42; Rom. 1:18; Phlm. 13; to hinder, restrain, 2 Thess. 2:6, 7; to hold downright, hold in a firm grasp, to have in full and secure possession, 1 Cor. 7:30; 2 Cor. 6:10; to come into full possession of, seize upon; to keep, retain, 1 Thess. 5:21; to occupy, Lk. 14:9; met. to hold fast mentally, retain, Lk. 8:15; 1 Cor. 11:2; 15:2; to maintain, Heb. 3:6, 14; 10:23; (2) intransitive, a nautical term, to land, touch, Acts 27:40; pass. to be in the grasp of, to be bound by, Rom. 7:6 ἕως (heōs) Strong: G2193 GK: G2401 can function as an improper prep., while, as long as, Jn. 9:4; until, Mt. 2:9; Lk. 15:4; as also in NT ἕως οὗ, ἕως ὅτου, Mt. 5:18, 26; ἕως ἄρτι, until now, Mt. 11:12; ἕως πότε, until when, how long, Mt. 17:17; ἕως σήμερον, until this day, to this time, 2 Cor. 3:15; as a prep. of time, until, Mt. 24:21; of place, unto, even to, Mt. 11:23; Lk. 2:15; ἕως ἄνω, to the brim, Jn. 2:7; ἕως εἰς, even to, as far as, Lk. 24:50; ἕως κάτω, to the bottom; ἕως ὥδε, to this place, Lk. 23:5; of state, unto, even to, Mt. 26:38; of number, even, so much as, Rom. 3:12, et al. freq. γίνομαι (ginomai) Strong: G1096 GK: G1181 pluperfect, ἐγενόει (3rd sg), to come into existence; to be created, exist by creation, Jn. 1:3, 10; Heb. 11:3; Jas. 3:9; to be born, produced, grow, Mt. 21:19; Jn. 8:58, et al.; to arise, come on, occur, as the phenomena of nature, etc.; Mt. 8:24, 26; 9:16, et al.; to come, approach, as morning or evening, Mt. 8:16; 14:15, 23; to be appointed, constituted, established, Mk. 2:27; Gal. 3:17, et al.; to take place, come to pass, happen, occur, Mt. 1:22; 24:6, 20, 21, 34, et al. freq.; to be done, performed, effected, Mt. 21:42, et al.; to be fulfilled, satisfied, Mt. 6:10; 26:42, et al.; to come into a particular state or condition; to become, assume the character and appearance of anything, Mt. 5:45, et al.; to become or be made anything, be changed or converted, Mt. 4:3; 21:42; Mk. 1:17, et al.; to be, Mt. 11:26; 19:8; γίνεσθαι ὑπό τινα, to be subject to, Gal. 4:4; γίνεσθαι ἐν ἑαυτῷ, to come to one’s self, to recover from a trance or surprise, Acts 12:11; μὴ γένοιτο, let it not be, far be it from, God forbid, Lk. 20:16; Rom. 3:4, 31, et al.; to be kept, celebrated, solemnized, as festivals, Mt. 26:2, et al.; to be finished, completed, Heb. 4:3 ἐκ (ek) Strong: G1537 GK: G1666 ἐχ before vowels, with genitive, from, out of, a place, Mt. 2:15; 3:17; of, from, out of, denoting origin or source, Mt. 1:3; 21:19; of, from some material, Mt. 3:9; Rom. 9:21; of, from, among, partitively, Mt. 6:27; 21:31; Mk. 9:17; from, denoting cause, Rev. 8:11; 17:6; means or instrument, Mt. 12:33, 37; by, through, denoting the author or efficient cause, Mt. 1:18; Jn. 10:32; of, denoting the distinguishing mark of a class, Rom. 2:8; Gal. 3:7; of time, after, 2 Cor. 4:6; Rev. 17:11; from, after, since, Mt. 19:12; Lk. 8:27; for, with, denoting a rate of payment, price, Mt. 20:2; 27:7; at, denoting position, Mt. 20:21, 23; after passive verbs, by, of, from, marking the agent, Mt. 15:5; Mk. 7:11; forming with certain words a periphrasis for an adverb, Mt. 26:42, 44; Mk. 6:51; Lk. 23:8; put after words of freeing, Rom. 7:24; 2 Cor. 1:10; used partitively after verbs of eating, drinking, etc., Jn. 6:26; 1 Cor. 9:7 The reason for this exercise/distinction is "the one" does not specifically mention God The Holy Spirit that resides in Believers in God The Son Jesus Christ. 2 Corinthians 1:21-22 New International Version (NIV) 21 Now it is God who makes both us and you stand firm in Christ. He anointed us, 22 set his seal of ownership on us, and put his Spirit in our hearts as a deposit, guaranteeing what is to come. The Believers in God The Son Jesus Christ are the clay vessels that carry The Gospel Message to the masses. My opinion is The Believers in God The Son Jesus Christ have to be taken up since God The Holy Spirit resides in the clay vessels restraining "the man of lawlessness". As such, I do not believe Born Again Believers in God The Son Jesus Christ will be on earth when "the man of lawlessness" is revealed and does what he does on earth. 2 Thessalonians 2:3-4 does make specific reference to a singular man. 2 Thessalonians 2:3-4 Mounce Reverse-Interlinear New Testament (MOUNCE) 3 Let exapataō no mē one tis deceive exapataō you hymeis in kata any mēdeis way tropos; for hoti that day will erchomai not come erchomai unless ean the ho rebellion apostasia comes first prōton and kai the ho man anthrōpos of ho lawlessness anomia is revealed apokalyptō, the ho son hyios of ho destruction apōleia, 4 who ho opposes antikeimai and kai exalts hyperairō himself above epi every pas so-called legō god theos or ē object ebasma of worship, so that hōste he autos takes his seat kathizō in eis the ho temple naos of ho God theos, proclaiming apodeiknymi that hoti he himself heautou is eimi God theos. ἄνθρωπος (anthrōpos) Strong: G444 GK: G476 a human being, Jn. 16:21; Phil. 2:7; an individual, Rom. 3:28, et al. freq.; used also pleonastically with other words, Mt. 11:19; et al.; met. the spiritual frame of the inner man, Rom. 7:22; Eph. 3:16; 1 Pet. 3:4 ἀνομία (anomia) Strong: G458 GK: G490 lawlessness; violation of law, 1 Jn. 3:4; iniquity, sin, Mt. 7:23 ἀποκαλύπτω (apokalyptō) Strong: G601 GK: G636 pr. uncover; to reveal, Mt. 11:25; pass. to be disclosed, Lk. 2:35; Eph. 3:5; to be plainly signified, distinctly declared, Rom. 1:17, 18; to be set forth, announced, Gal. 3:23; to be discovered in true character, 1 Cor. 3:13; to be manifested, appear, Jn. 12:38;Rom. 8:18; 2 Thess. 2:3, 6, 8; 1 Pet. 1:5; 5:1 Worth watching the video @NEPatriotsFan1 posted but I do not think it is accurate for the reasons noted above. I think it very odd that Amir Tsarfati posted the second linked video TODAY about the Mark Of The Beast. Some sections of interest: 23:40 - 24:30 Ole 1611 King Jimmy 37:45 - 39:28 Mark Of The Beast 42:59 - 46:25 Rapture God The Son Jesus Christ can rapture HIS church at ANY moment. I am not mentioning this for any shock value just to note what HE said: Matthew 24:15-51 New International Version (NIV) 15 “So when you see standing in the holy place ‘the abomination that causes desolation,’[a] spoken of through the prophet Daniel—let the reader understand— 16 then let those who are in Judea flee to the mountains. 17 Let no one on the housetop go down to take anything out of the house. 18 Let no one in the field go back to get their cloak. 19 How dreadful it will be in those days for pregnant women and nursing mothers! 20 Pray that your flight will not take place in winter or on the Sabbath. 21 For then there will be great distress, unequaled from the beginning of the world until now—and never to be equaled again. 22 “If those days had not been cut short, no one would survive, but for the sake of the elect those days will be shortened. 23 At that time if anyone says to you, ‘Look, here is the Messiah!’ or, ‘There he is!’ do not believe it. 24 For false messiahs and false prophets will appear and perform great signs and wonders to deceive, if possible, even the elect. 25 See, I have told you ahead of time. 26 “So if anyone tells you, ‘There he is, out in the wilderness,’ do not go out; or, ‘Here he is, in the inner rooms,’ do not believe it. 27 For as lightning that comes from the east is visible even in the west, so will be the coming of the Son of Man. 28 Wherever there is a carcass, there the vultures will gather. 29 “Immediately after the distress of those days “‘the sun will be darkened, and the moon will not give its light; the stars will fall from the sky, and the heavenly bodies will be shaken.’[b] 30 “Then will appear the sign of the Son of Man in heaven. And then all the peoples of the earth[c] will mourn when they see the Son of Man coming on the clouds of heaven, with power and great glory.[d] 31 And he will send his angels with a loud trumpet call, and they will gather his elect from the four winds, from one end of the heavens to the other. 32 “Now learn this lesson from the fig tree: As soon as its twigs get tender and its leaves come out, you know that summer is near. 33 Even so, when you see all these things, you know that it[e] is near, right at the door. 34 Truly I tell you, this generation will certainly not pass away until all these things have happened. 35 Heaven and earth will pass away, but my words will never pass away. The Day and Hour Unknown 36 “But about that day or hour no one knows, not even the angels in heaven, nor the Son,[f] but only the Father. 37 As it was in the days of Noah, so it will be at the coming of the Son of Man. 38 For in the days before the flood, people were eating and drinking, marrying and giving in marriage, up to the day Noah entered the ark; 39 and they knew nothing about what would happen until the flood came and took them all away. That is how it will be at the coming of the Son of Man. 40 Two men will be in the field; one will be taken and the other left. 41 Two women will be grinding with a hand mill; one will be taken and the other left. 42 “Therefore keep watch, because you do not know on what day your Lord will come. 43 But understand this: If the owner of the house had known at what time of night the thief was coming, he would have kept watch and would not have let his house be broken into. 44 So you also must be ready, because the Son of Man will come at an hour when you do not expect him. 45 “Who then is the faithful and wise servant, whom the master has put in charge of the servants in his household to give them their food at the proper time? 46 It will be good for that servant whose master finds him doing so when he returns. 47 Truly I tell you, he will put him in charge of all his possessions. 48 But suppose that servant is wicked and says to himself, ‘My master is staying away a long time,’ 49 and he then begins to beat his fellow servants and to eat and drink with drunkards. 50 The master of that servant will come on a day when he does not expect him and at an hour he is not aware of. 51 He will cut him to pieces and assign him a place with the hypocrites, where there will be weeping and gnashing of teeth. Footnotes: Matthew 24:15 Daniel 9:27; 11:31; 12:11 Matthew 24:29 Isaiah 13:10; 34:4 Matthew 24:30 Or the tribes of the land Matthew 24:30 See Daniel 7:13-14. Matthew 24:33 Or he Matthew 24:36 Some manuscripts do not have nor the Son. I'll stop here for now. Please let me know @Floridian if I answered Your question(s) or if You would like me to comment further on something. Go Moola Nova!
  24. 2 points
    I agree. Outta pluses right now. My son was an over the road trucker for more than 12 years. He is off the road now but has kept his CDL's up to date, in case he needs them again. The local TV station I watch, has been showing school's around WNC feeding the kids. I am in the mountains of WNC, and from your line under your name, I assumed you were too. Stay safe, and let's hope and pray that this virus will hurry and die.
  25. 2 points
  26. 2 points
    The date is imminent .. Newspaper: Washington decided to hit 10 targets of four Iraqi factions Political | 10:29 - 31/03/2020 Baghdad - Mawazine News , a Lebanese newspaper revealed, on Monday, a decision by Washington to hit 10 targets of four Iraqi factions. The Lebanese newspaper, Al-Akhbara, quoting Iraqi security sources, said that "the American forces made a decision during the past hours to strike the headquarters of the" missile force "of the" Badr Organization "(led by Hadi al-Amiri) and Asaib Ahl al-Haq (led by Qais Khazali) and the Al-Najaba movement (led by Akram al-Kaabi) and the Hezbollah Brigades - Iraq. The sources added, according to the newspaper, "These targets numbered at least ten, and they are distributed in the eastern and central governorates, while some Iraqi military leaders were briefed on the initial date of these strikes." She suggested, "The date of the strikes is imminent. The Americans refused to come down at the request of the resigned Prime Minister, Adel Abdul-Mahdi, demanding to" calm the situation "or even inform him of the" date of the initial strikes "unlike Washington's dealings with some military leaders." End 29 / A 43
  27. 2 points
    Sandfly Adam for the shout out to those unsung hero’s... even the overlooked truck drivers and school cooks who keep doing what they do best in spite of! One of them darling cooks I have the privilege to call my Sweetie of 41 years! She has gotten up early to go into a crowded kitchen to prepare meals for many kids who would literally go without food if it wasn’t for them....same with the truck drivers. No disrespect for the health care industry, but I’m just sayin’ I’ve never heard “anyone “ bring up the helpers that feed the kids! I’m a little humbled and choked up 😢 that you brought it makes me appreciate my darlin’ all the more! Thank you! Sometimes saints wear halo’s...and sometimes they wear aprons and a hair net...or scrubs, or blue jeans and an attitude that comes from being years behind the wheel of a big rig...respect to y’all!!!
  28. 2 points The Shadow War Playing Out Behind The COVID-19 Crisis By Gregory R. Copley - Mar 29, 2020, 5:00 PM CDT The rush to what is essentially a new wartime footing began consciously and urgently in the first quarter of 2020 between some of the most powerful geopolitical players of the modern era: the United States of America, the People’s Republic of China (PRC), and the United Kingdom. It was not about the “battle” to cope with the COVID-19 (coronavirus) epidemic, or the global fear pandemicwhich it engendered, but those contagions broke the cycle of globalism and the belief in the indissoluble nature of interdependence. It allowed what was already emerging as a fundamental move toward a new, bipolar global competition to come out into the open. By the end of March 2020, the global framework had changed sufficiently to become — behind the headlines about COVID-19 — about which system and ideology would triumph in the decades after the watershed. That meant a race by each of the major antagonists to determine how quickly national productivity could be resumed. Even so, the failure of most major societies, including the PRC, to prepare for health pandemics, natural disasters, and associated contagions of fear was a significant function of the transformed realities of the “globalist”-dominated political structures over the earlier lessons of national self-reliance. I made this point in a report in Defense & Foreign Affairs Special Analysis on November 24, 2008: The unintended, or unforeseen, consequences of economic dislocation — as this writer has repeatedly noted — can be expected to lead to a rise in globalized (or at least regionalized) pandemic health challenges at a time when societies are weakened. These will lead to wealthier societies becoming more nationalistic and isolated, in some respects, merely to protect themselves. Pandemics will be matched by similar anomic social responses, including rising crime, of which the new era of maritime piracy is merely one aspect Indeed, it is clear that the best avenue which nation-states can take is one marked by gaining as much control over their own destinies as possible. That requires a growing focus on domestic food self-sufficiency, and domestic market bases for manufactured goods and services. In other words: a return to a sense of the nation. The age of globalization is ending; it was a brief window in which the technologies which were created to fight the Cold War became the technologies of global social integration. Now, again, the luxury of internationalism is ending, and survival is based around the extended clan: the nation. It was a year later that the global H1N1 pandemic emerged, fortunately without triggering the associated fear pandemic which acted as a force multiplier to the impact of the 2019-20 COVID-19 epidemic. By 2020, a dozen years later, the transformed strategic landscape meant that information dominance (ID) warfare was far more enabled, particularly as social media evolved as a conduit for mass mobilization to force government actions in Western societies. So there was a general transformation in the social and technological context which prevailed when the panic arose around COVID-19. Related: A Wave Of Downgrades Has Hit The U.S. Oil Patch But, in order to gain the post-epidemic political high ground, the PRC was first to “declare victory” in managing the COVID-19 epidemic and to send its population back to work, despite the reality of evidence which defied the national statistics on the continuing levels of contagion in the PRC. However, it was clear that the epidemic, having its origins in Wuhan in the PRC, would peak first and begin to recover first. Still, it was the degree of top-down control which PRC Pres. Xi Jinping enjoyed — in contrast to Western heads of government — which enabled the PRC to “declare victory”, and to resume his offensive against the West in a now fairly blatant fashion. Even so, it was clear that the overall nature of the restructured strategic balance would be less affected by a few weeks (or even months) in the battle to restart economic activity than by underlying fundamentals in systems. Meanwhile, as the information dominance (ID) wars between the PRC and (particularly) the US ramped up, both sides were careful to ensure that the risk of actual physical challenge was minimized. What were some of the fundamental immediate outcomes and questions raised by the 2020 Fear Pandemic? 1. The global economy and the economies of most states have been dramatically weakened, and they will remain relatively weakened and transformed for some years; in many cases for decades. This means that economic deprivation will reach more pervasively down into the mass of society, reversing the trend of the past seven decades. It will exacerbate the polarization of societies, but seems likely to push the trend toward forms of nationalism more than it will reinforce the ideology of globalism; 2. The power of central governments has been dramatically increased, and the rights and freedoms of individuals constrained. By late March 2020, the situation in most Western societies had approached a quasi-martial law environment, with little social resistance; 3. Funding for R&D, national security, and consumer spending will decline, further exacerbated by the reduction in core size/wealth of most populations in advanced economies. The question is whether the limitation in wealth will exacerbate or constrain inflammatory populism and social action; 4. The role of global bodies has been weakened, as have alliances. This will lead to a rethinking of alliance structures and how to manage them. It will, even if only for reasons of fiscal constraints, lead to an increasing momentum toward the bilateralization of trade, even to the point, once again of thinking in terms of structured barter or counter-trade dealings; 5. The reach of formal military structures will be inhibited by funding, and will this open seams in the global power framework? Will it allow space for more independent, regional actions?; 6. While the Communist Party of China (CPC) probably has the strength to enforce control over the People's Republic of China (PRC), will the European Union (EU) have sufficient cohesion to enforce control over itsmember states? If the EU cannot "hold it together", would this create a space for Turkey to revive its neo-Ottomanist expansions in the Eastern Mediterranean and Balkans? Did the United Kingdom escape from the EU just in time to preserve its economic base? Did the EU’s poor handling of the crisis end forever the chance of bringing Serbia into the Union? And what will this new dynamic do for the encouragement of separate geopolitical alignments, such as the creation of the Three Seas Initiative as a potentially viable successor to part of the EU? Can Three Seas gain traction if Serbia is excluded, given its regional hub importance for the north-south infrastructural needs of the Alliance?; 7. What skills will be necessary in the post-2020 environment? Has the economy sobered enough to embrace the restoration of practical skills training instead of ideological education which has no market, while an impetus toward revived domestic manufacturing (rather than foreign-sourced manufacturing) will see significant demand for trained personnel?; 8. There was a widespread belief that the crisis had caused a collapse in petroleum and gas prices to the point where the US domestic shale industry would be forced from the marketplace, re-opening the US to the need for imported energy. But this is likely both untrue and irrelevant, and the US would remain considerably less vulnerable to energy exposure than the PRC; 9. The PRC would continue to see extreme vulnerability to food and water shortages, which can only be ameliorated by (a) dependence on imported food and agricultural products, most of which would need to come from the United States (given that other suppliers cannot meet the demand), and (b) reduction in the lifestyles and numbers of the PRC population, a factor which could have significant social-political ramifications; 10. The longer the constraints on societies imposed by the crisis, the more pro-found were the likely post-crisis attitude changes likely to be. In other words, if the crisis lingered in various forms through 2020, it was likely that the year would be seen by society and historians as a breakpoint equivalent to the world wars of the 20th Century; 11. Nowhere in the world have we seen the development of economic theories or approaches to managing societies in decline in terms of economics as well as in terms of the downward transformation of market size and demand. Studies of recent-term lessons from Japan, Russia, and Germany would be helpful, even though these examples all predicated their economic thinking — despite market size decline — on growth in economic opportunity, but with notable shortcomings; 12. Africa, which had moved from a Continent gradually modernizing within the framework of a Western model to one dependent almost solely on the PRC, was likely to be left in an almost ruinous situation by late 2020 and beyond. African societies would themselves be forced to evolve new economic models. There was a likelihood that the US would strongly move, in the post-crisis period, to strengthening its dominance in the Americas (where the PRC, in particular, had built a strong presence), and also in Central Asia, as a means of providing an alternate path in the Eurasian Silk Road complex. The COVID-19 pandemic will do little to impact the demographic trends in global population numbers. The trend toward population decline was set in place in the second half of the 20th Century and is only now becoming evident. Similarly, the disruption to the global economy also began before the COVID-19 crisis, largely as a result of the global demographic transformation, but the 2020 crisis became an iconic breakpoint. The post-COVID-19 world would thus be markedly different, structurally, than the world which preceded it. But most significantly, the perception of that "new" world would have changed, ensuring that a linear extrapolation of older remedies or progressions of earlier thinking would no longer be acceptable. It is important to stress that the two underlying strategic trends impacting the US-PRC competition had begun well before the 2020 pandemic scares. The PRC economy had been essentially in decline for several years, disguised by ongoing state-sponsored investments in infrastructure projects, which boosted the appearance of growth in the gross domestic product (GDP). Moreover, the PRC’s water shortage and quality problems had reached almost panic levels over that same timeframe.
  29. 2 points
    The SA/Russia Oil war is doing exactly what they wanted it to do. It has killed the Permian Basin Independents. SA better cool it though. That oil is still in the ground and the stronger companies will survive. The demand is the main reason for the decrease in price. Watch oil go back up as soon as the CV is under control. CVX is my possible play. Oil is going to be a dying commodity in the coming years. As more and more people drive EV autos, factories move to solar and Electic Powerstations move to natural gas SA will have to diversify its economy away from oil. I will be more than happy to tell those ME oil shiekdoms to go pound sand. Alternative and Renewable Energy is the future.
  30. 2 points
  31. 2 points
    Babylon will be rebuilt. And it’s not going to be a $0.10 RI that will accomplish it.
  32. 2 points
  33. 2 points
    Trump talk about this today in Daily Presser Update he held around 530pm
  34. 2 points
    Not much of a "surprise attack" if we are reading about it here @ DV and seeing it on Fox News. ............... The insanians and their puppets must be getting real desperate ............. Just sayin' Semper Fi "Mess with the best, die like the rest" Anonymous "The US Marine Corps, providing the enemies of America an opportunity to die for their country, since 1775" Anonymous
  35. 2 points
    02-04-2020 12:42 AM US official: We have intelligence information about an Iran-backed attack on our forces in Iraq Baghdad / Al-Akhbariya: A US official confirmed to Reuters on Wednesday that American intelligence information about a possible Iranian-backed attack on American forces and installations in Iraq. And it indicates that it will be a denial attack, not like the missile attack launched by Tehran in Iraq in January. The official, who asked not to be named, added that US intelligence has been tracking leads for a while about a possible attack by Iran or Iranian-backed forces. The official did not disclose information about the exact timing of the attack or its targets. On Wednesday, US President Donald Trump warned Iran against paying a heavy price if American forces attacked Iraq. Trump tweeted on Wednesday: "Information and facts confirm that Iran or its proxies are planning a surprise attack on American forces and / or facilities in Iraq. If that happens, Iran will pay a very heavy price!"
  36. 2 points
    6ly410 Thanks, Excellent articles
  37. 2 points
    Luigi found this April 1st article of Dinarian interests... Judy's Redemption Center guidelines & recomendations. Treat as a rumor. Not varafied. Your opine. 1 April 2020 Judy Lyington... 1. A couple of days ago they paid out select Tier 3 groups. The bulk of Tier 3 was paid yesterday Mon. 30 March and today Tues. 31 March. 2. The intermediates were paid out at 6 pm EDT tonight Tues. 31 March. 3. Tier 4a and 4b should be notified within the next 48 hours. That 48 hours started at 10 am EDT this morning Tues. 31 March. 4. There were higher currency rates than anticipated on the Dong and Dinar. 5. Zim had a good default rate. Dependent on your humanitarian project presentation you would be presented with a rate higher than the default rate. 6. Most would be pleased with the rate offered you. It was advised to take the rate offered you so as to not appear greedy. If you felt it should be higher you could make your case at your second appointment, which would be at a bank. 7. Contract Rates on the currencies only applied if you didn’t have Zim because the Zim rate was so high. 8. When we redeem we would sign an NDA that would last for 90 day. After those 90 days there would be another three months you would be tracked on what you said about your NDA. That tracking would happen through your phone conversations, email, Internet and social media. If you said or did anything against your NDA they would come after you and likely freeze your accounts. 9. You could wear a mask or scarf to the door of the Redemption Center, then take it off at door. 10. You may want to wear some camouflage like glasses when you come out of the Redemption Center so as to not be recognized by facial recognition machines of the bad guys. 11. You should consider the type of security you wanted to use. 12. They would check your temperature when you entered and left, and have you swab your nose. They may give you silicon gloves to handle your currency. 13. You would have 20-25 min. for your appointment. If you had a lot of currency they would give you more time so they could verify the currency. 14. You would be given a four min. instruction video to watch while they checked out your background. After the video you would have 5-8 min. to tell them about your project. Hand them copies of your Business Plan. 15. They would count and verify your currency and Zim. 16. You would set up your accounts. 17. They would punch out a Debit card for you with $1million on it. 18. You could do any wire transfers you needed. 19. They could provide you with up to three Proof of Funds letters. 20. They would give you a Perk sheet of banking benefits to take with you. 21. You would set up a second appointment to come back to talk with a wealth manager or private banker to answer your questions. 22. You could ask for up to $14,000 in cash to take with you. 23. On The Three Days of Darkness: It has been said that the Three Days of Darkness would include internet, phone and Social Media outage. Today Tues. 31 March in the President’s speech, Trump mentioned a number of telecom providers, saying they were under a lot of stress. He said that that usage of the Internet, phone, Social Media would not be interrupted. However, restricted usage could affect some other people. 24. NESARA started a week ago. 25. Yesterday and today Tues. 31 March we had a number of mortgages forgiven. By 10 am EDT this morning Tues. 31 March the mortgage debt forgiveness applied to 23,000 mortgages. 26. That debt forgiveness program would continue and be completed by the end of April. 27. The interest paid on those loans would be paid back to you. 28. The IRS and Federal Reserve were being absorbed into the US Treasury. 29. Only US citizens would be eligible for Stimulus checks. 30. The Stimulus Checks were being cut by the US Treasury and sent out by the IRS. 31. Starting yesterday Mon. 30 March Stimulus checks began to go out. As of this morning the total number of Stimulus checks that went out was 638,000. 32. Those on Social Security and others who received government monies by Direct Deposit would receive their Stimulus checks by Direct Deposit on Wed. 1 April or Thurs. 2 April. 33. Those Stimulus Checks would not be just for two months and were a precursor to a Universal Basic Income for everyone.
  38. 2 points
  39. 2 points
    Ain't that the truth. But the question everyone should be asking is how can America write Trillion dollar checks and what's that gonna do to the world economy? Better pray that America really did buy billions of dollars worth of Dinar. Things in Iraq are definitely on a different track then what we've ever seen before and it does look like America is pushing super hard to eliminate the Iranian influence in Iraqi parliament. Let's hope the Dinar is Trump's ace in the hole.
  40. 2 points
    Why Is Everybody So Tired Today ! Because They All Just Finished A 31 Day March ! Either That Or They’re Tired From ‘Running’ Out Of Toilet Paper ...
  41. 2 points
  42. 2 points
  43. 2 points
    Thanks Adam. I work at Meijer in Michigan. If you don't know what it is, it is a grocery/department store and we are open for business. I don't mind working right now but what I do mind are the people that come into the store because they are bored! There are some that come everyday. There are some that bring the whole family in "to get out of the house"! It is ridiculous what people are coming to the store for. A lot of what people are buying are unnecessary items. Most people can live off of their pantries and freezers for many weeks if only they would. Please everyone be mindful of the ones that are working to keep the food chain going. I praise all of the first responders and healthcare workers for their tireless efforts to keep people alive and safe! Pray for everyone! Maybe if people would stay home for a full 2 weeks we could slow the spread and be able to have the banks open again for RV! Stay Home and Stay Safe!
  44. 2 points
    Not sure I was doing very good in those areas to begin with But here's to Trucken up wit ya.
  45. 2 points
    Ding. Ding. Ding. Winner! Give Linda a N95 mask. Yup... April fools everyone at DV . Love ya guys . I blame it on cabin fever .
  46. 2 points
    I get it! April Fool's Day to you, too!
  47. 2 points
    Mahdi, Iran's puppet, would love to know the date of air strikes so he could warn his friends in the proxy militias to take cover.
  48. 1 point
    Thanks LGD. You have to be on guard 24/7 with the lying Media. There is no doubt that the Media plan to use the CV in this Coming Election. Take a look at the Boston Globe in the Politics Section. The Dems want to form a Commission to Study the Pandemic Response. That’s code for, “ Let’s get Trump Part 186”. Of course it is being instigated by Schiff. CNN and MSNBC ran with the story. It’s more divisive crap from our Dems.
  49. 1 point
    It is a poor grade of oil, but still..... Storage capacity is already a problem. It's Happening: Oil Producers Are Now Paying Clients As Wyoming Sour Price Turns Negative When Goldman's crude oil analysts wrote on Monday that "This Is The Largest Economic Shock Of Our Lifetimes", they echoed something we said last week - nameley that the record surge in excess oil output amounting to a mindblowing 20 million barrels daily or roughly 20% of global demand... ... which is the result of the Saudi oil price war which has unleashed a record gusher in Saudi oil production, coupled with a historic crash in oil demand (which Goldman estimated at 26mmb/d), could send the price of landlocked crude oil negative: "this shock is extremely negative for oil prices and is sending landlocked crude prices into negative territory." We didn't have long to wait, because while oil prices for virtually all grades have now collapsed to cash costs... ... Bloomberg points out that in a rather obscure corner of the American physical oil market, crude prices have now officially turned negative as "producers are actually paying consumers to take away the black stuff." The first crude stream to price below zero was Wyoming Asphalt Sour, a dense oil used mostly to produce paving bitumen. Energy trading giant Mercuria bid negative 19 cents per barrel in mid-March for the crude, effectively asking producers to pay for the luxury of getting rid of their output. Echoing Goldman, Elisabeth Murphy, an analyst at consultant ESAI Energy said that "these are landlocked crude with just no buyers. In areas where storage is filling up quickly, prices could go negative. Shut-ins are likely to happen by then." While Brent and WTI are hovering just around $20 a barrel, in the world of physical oil where actual barrels change hands producers are getting much less according to Bloomberg as demand plunges due to the lockdown to contain the spread of the coronavirus. Oil traders believe other crude streams are likely to see negative prices soon at the well-head as refiners reduce the amount of crude they process, leaving some landlocked crude without easy access to pipeline trapped. Goldman's Jeffrey Currie explained this pricing divergence as follows: As we noted last night, when we asked who would see zero dollar oil first, several grades in North America are already trading in single digit territory as the market tries to force some output to shut-in. Canadian Western Select, the benchmark price for the giant oil-sands industry in Canada, fell to $4 on Monday, while Midland Texas was last seen trading just around $10. Southern Green Canyon in the Gulf of Mexico is worth $11.51 a barrel, Oklahoma Sour is changing hands at $5.75, Nebraska Intermediate at $8, while Wyoming Sweet prices at $3 a barrel, per Bloomberg. While there is very little hope of a dramatic improvement in the situation, late on Tuesday, President Trump said the U.S. would meet with Saudi Arabia and Russia with the goal of halting the historic plunge in oil prices. Trump, speaking at the White House Tuesday, said he’s raised the issue with Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman. "They’re going to get together and we’re all going to get together and we’re going to see what we can do,” he said. “The two countries are discussing it. And I am joining at the appropriate time, if need be." It's unclear what if anything Trump "can do" in what is effectively a collusive war between the two nations meant to crush shale oil. Trump’s intervention comes as April shapes up to be a calamitous month for the oil market. Saudi Arabia plans to boost its supply to a record 12.3 million barrels a day, up from about 9.7 million in February. At the same time, fuel consumption is poised to plummet by 15 million to 22 million barrels as coronavirus-related lockdowns halt transit in much of the world. There is another problem: oil demand has been so battered by government lockdowns to stop the spread of the coronavirus that any conceivable oil production cut agreement between the U.S., Canada, Russia and OPEC members would still fall well short of what’s needed to shore up the market, Goldman calculated. In fact, assuming roughly 20 million in excess supply currently, the only thing that could balance the oil market is nothing short of both Saudi Arabia and Russia halting all output together. And that will never happen. Finally, below we put the "long history" of oil prices in context:
  50. 1 point

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.