Nadita

Nelg, Merry Christmas to you and your family! and Happy New Year.. May the new year bring you much happiness, good health, and prosperity

Good Morning America! What a beautiful Wednesday! the air is crisp, all is white covered with snow. I just want to say I am blessed to live in your country and today I want to bless you with all the blessings God has for you. May God continue to protect you, your people, your leaders and everything that is in you. May joy, peace, love, kindness and unity always reign in your country in Jesus name, amen. I bless Israel and pray for peace in middle east.

$2.24 for me today

Basically they rigged the oil price to go so high and now the reality is the oil price can't hold at the high price anymore. Market is adjusting and oil is the catapult. I say market is manipulated and now the monopoly money can't go anywhere and it has to adjust and where it goes..? down the hill sliding on the sled of oil

Candy Let's root for it

Easy Agree with you. Russia is rumbling and tumbling. They halted the forex trading for Ruble this morning. Ruble was 79:1 this morning and about 67:1 right now. Russia is tumbling due to lower oil price, sanctions and corporate debt roll over that they need to pay next year. They are only allowed to roll over $100B to next year and those debts are in USD. Ha, with Ruble rumbling and tumbling, it will take more Rubles to USD $50 last week and now projected to $40/barrel

FYI Just the last week.. the talk about oil and currency dominate the market. Might not have anything to do with Iraq but I can't help to think OIL = BLACK GOLD = CURRENCY

IDP Agree with you.. $50 for oil price in budget is more feasible right now than $60 per barrel as oil will continue to drop. They can readjust their budget for 2016 for higher oil price as it will take 6-9 months for oil to bounce. Sliding oil price is good for us at the pump.. I am seeing $2.24/gallon by my house

Sandfly You are welcome. Very Merry Christmas for you and your family. May God keep you in the palm of His hands and the new year will bring more happines, joy, good health and prosperity and a new baby

Watercop You are welcome and Merry Christmas to you and your family. He is the reason for the season May your new year filled with all God's blessings, good health and prosperity

You are welcome Merry Christmas and I wish you the best for New Year 2015.. May all your dreams come true, good health and prosperity will follow you

Wbuse, Here is the complete interview http://www.cnbc.com/id/102270329

Thuzzz Thank you and hopefully they read it back to back and bammmm

Nadita File – 12/15/2014 Good evening everyone, thanks for watching Nadita File where the spin starts here Other News : Survey estimates as much as 22% of the world’s undiscovered and recoverable oil and natural gas resources are north of the Arctic circle. NFL Players Assc files fed lawsuit over league’s suspension of star RB Adrian Peterson. Union asks court to dismiss arbitration ruling upholding suspension, contends arbitrator acted outside scope of his authority. Commissioner Roger Goodell suspended Peterson without pay through at least April 15 as a result of a child abuse case. Peterson pleaded no contest to injuring his 4 year old son, while disciplining him with a wooden switch. Three people, including the gunman killed after police raid ends 16 hour hostage standoff at Sidney, Australia, Lindt’s Café. Police say they stormed the café after hearing gunshots from inside. Authorities have identified the gunman as a man Haron Monis, an Iran native, who was once prosecuted for sending offensive letters to the families of Australian troops killed in Afghanistan. Two hostages were killed in the raid, though it’s not clear if they were shot by the gunman. Four other people were injured. Australian PM Tony Abbot calling the hostage situation a brush with terrorism. Adding the gunman had a long history of violent crime, infatuation with extremism and mental instability. Suspect remains on the loose in shootings at three suburban Philadelphia locations that left six people dead and one other person wounded, police say. Suspect in Monday morning shootings identified as 35 year old Bradley William Stone. Authorities say all victims have a familial relationship to Stone. Police conducting extensive search in and around Pennsburg, about 30 miles NW of Philadelphia. Secy of State John Kerry meeting with Israeli PM Benjamin Netanyahu in Rome monday to discuss draft UN Resolution, that would set a two year timetable for an Israeli-Paletinian Peace Deal. Netanyahu says he expects the US to veto any security council resolution mandating a peace accord. Draft resolution backed by France still hasn’t been formally induced and cites the 1967 Mideast borders as the basis for dividing the land. Secy Kerry is also set to travel to London Tuesday to meet with Palestinian negotiators and representatives of the Arab League. Fed Immigration authorities urging qualified illegal immigrants to apply for Pres. Obama’s exec action that grants a reprieve from deportation. Citizenship and immigration services Dir. Leon Rodriguez says immigration officers do not share applicants’ info with law enforcement unless an applicant has a disqualifying history or is a national security threat. Exec actions could give work permits and deportation protection to nearly 5M immigrants who are in the US illegally. At least 20 states have sued to block the immigration measure. Dow slipped 100 points at trading today, closing at 17,180. S&P500 lost 12 points to 1,989. Nasdaq also slipped 48 points to 4,605. Gold closed at $1,196, silver at $16.11, copper at $2.87. WTI crude at $55.60 and Brent oil at $60.81. Oil prices have gone down dramatically from over 100 dollars per barrel to 60 dollars per barrel. But airline stocks have been flying high such as : Delta Airlines (DAL), Southwest Airlines (LUV), Jetblue (JBLU) and Spirit Air (SAVE). Even though oil price is dropping, airlines is not in a hurry to lower the fare. Airlines makes money by charging fees. BC Partners buys Petsmart (PETM), the largest pet stores in the US for $8.3B, price at $83/share cash. Petsmart gained 4% at $80.97. Thomas Ravo also buys Riverbed (RVBD) for $3.6B with price offer of $21/share cash. Riverbed closed at $20.31, gaining 8%. Bank of Russia spikes its key interest rate to 17% from 10.5% in an attempt to boost Russia’s currency, which has been plunging along with oil prices. Ruble has shed roughly 50% of its value since January due to western sanctions imposed over conflict in Ukraine and huge drop in oil prices. Russian government recently downgraded its growth forecast for next year, predicting economy will sink into recession. Bill Gross, former CEO PIMCO who left in September to join Janus Financial said in interview today “oil determines currency movements, currency movements determine the spread market, risk markets, high yield markets, the potential for bankruptcy or solvency not only with companies but countries. For more of his interview, please click this link : http://www.cnbc.com/id/102270329 From Dinar Land : The Pilgrimage event went smoothly in Anbar province. ISIL stormed a town and several villages, taking scores of tribal members of Abu Nimr as prisoners and killing many. ISIL has killed more than 700 tribal members since October. The head of Abu Nimr Sheikh Naim al Gaood said Iraqi security forces and US airstrikes have not protected them as they were outnumbered and outgunned. Iraqi Foreign Minister Dr. Ibrahim al-Jaafari stated China offered to train Iraqi security forces and join the coalition in the fight against global terrorism. In the meantime, German Ambassador has also voiced their willingness to train police forces. Even though it is denied by US coalition about some coordination with Syrian army to conduct airstrikes on the same air base controlled by ISIL in Eastern Syria. The airstrikes were one day apart and killed scores of terrorists and destroyed their equipment. High ranking officials from Ministry of Finance and Planning met with members of parliamentary Finance Committee to discuss 2015 budget and ways to cover deficit due to falling oil prices. They have lost almost half of their revenue since they peaked in summer. The meeting took place late Sunday evening and discussed ways to generate revenue from non oil related sources. The falling oil prices may reach a level where the cost of oil production may exceed the crude oil price in some Canadian and US shale oil productions. This is a dilemma OPEC countries did not agree to lower their production and exportation. PM of Economic Advisers Mathar Saleh said Iraq is facing temporary crisis because of sliding oilprice. He said the government is finding ways to cut expenses. He added PM Abadi is the first high ranking official to take 50% paycut in salary, which was followed by his entire cabinet and parliament members voluntarily. They are looking at ways to cut the high ranking officials without disrupting the lives of lower grades people. KRG said some news media are purposely spreading false information about issues that may disrupt the latest oil revenue sharing agreement with GOI. Both governments warned people not to believe these rumors designed to create confusion and unrest. The statement said all Iraqis are united in combating ISIL. A member of parliament who remains anonymous said the zero deletion project is alive and will take center stage in debates early next year. He added dinar is undervalued and deletion of zeros project has more benefits than previously thought. From Rumor Land : OOTW says we are looking at end of February if this is true. Tlar thinks it will be foolish for Iraq to wait another year. Stryker says PM Abadi’s office has confirmed that the committee in charge of 2015 budget draft will present to the COM on Tuesday. Millionday says Iraq is talking global so we will wait to see action. Sczin11 say all float. Poppy3 thinks the budger and completed HCL will be place no later than Jan. 01. The spin stops here send your comments to #naditafile, Dinar Thug is next, good night everyone Well… I am taking a break for the rest of the year to celebrate Christmas and spend time with my family. I wish you “Merry Christmas and Happy New Year”. Hopefully Santa doesn’t forget about us as we all have been good. If he forgets the rv, it’s okay. We have been blessed as we have made it so far and still here to celebrate with our loved ones Merry Christmas.. He is the reason for the season

Rod I agree with you the writing is on the wall

Sounds like they are ready to rock and roll Thanks, Wiljor

http://www.cnbc.com/id/102266409 The real silver lining of falling oil prices Larry Kudlow | @Larry_Kudlow Saturday, 13 Dec 2014 | 11:33 AM ETCNBC.com 136 COMMENTSJoin the Discussion We all know that the American energy revolution, led by the new technologies of hydraulic fracturing and horizontal drilling, has created a flood of new shale-oil and natural-gas production that has overwhelmed world markets and driven prices down by roughly 40 percent. End-of-week crude oil closed near $57 a barrel, and the national average gasoline price finished at $2.60 a gallon. Nikodash | iStock/Getty Images Plus No matter what the naysayers are trying to sell, the new energy reality is unambiguously good for the U.S. and global economies. There may be some dislocations among countries, sectors, or companies, but the overwhelming impact is positive. Read MoreThe stealth factor behind oil's decline: Ablin In fact, the U.S. economy is already getting better. Recent numbers on jobs, retail sales, consumer confidence, small-business confidence, ISMs, and business investment point to a 3-percent growth rate rather than the tepid 2 percent pace of the prior five years. And it's likely that oil prices will stay low or drop a bit lower. The International Energy Agency's new forecast for 2015 shows a global reduction in demand growth of 900,000 barrels a day versus a previous projection of an increase of 1.1 million barrels a day. But U.S. production is expected to increase by 685,000 barrels a day next year. So besides American technological breakthroughs, this oil-price-drop story is a triumph of the free-market forces of supply overwhelming demand — all while the OPEC cartel dissolves before our eyes. As economist John Ryding puts it, "The oil supply curve is shifting outward at a faster pace than the oil demand curve, which argues against a rebound in oil prices in 2015." But there is another important angle to this story: Looming behind the falling price of oil is the return of King Dollar. Since the middle of 2011, the dollar has appreciated by over 20 percent. Year-to-date it has gained 10 percent. Meanwhile, gold has fallen nearly 40 percent since 2011 and oil has dropped 40 percent in the past six months. Read More$60 oil for the next five years: Economist Since the U.S. dollar is the world's reserve currency, commodities are priced in dollars. Hence a strong greenback generates lower commodity prices — oil, gold, and everything else. This was the case during the Reagan 1980s and the Clinton 1990s. But when the dollar collapsed during the Bush 2000s, gold, oil, and other hard assets like housing exploded upward to the detriment of the economy. Now, however, as King Dollar seems to be on the mend, commodity prices are falling and the purchasing power of money for consumers and businesses is going up. Those greenbacks in your wallet or bank account are worth more and can buy more on the open market. Inflation stays low. Global capital flows to America. Regrettably, neither the Bush nor Obama administrations particularly cared about the plight of the dollar. However, at a recent conference at the Federal Reserve Bank of Philadelphia, Paul Volcker, the greatest American central banker since World War II, argued that the main goal of the Federal Reserve is to defend the dollar's stability. He also said he doesn't understand why the Fed has adopted a 2-percent inflation target. He asked, "Do we want prices to double every generation?" (It's important to note that, while the Fed can print excess money, the U.S. Treasury Department has statutory authority over dollar buying-and-selling operations. But then again, it's crucial to note that the U.S. Congress has constitutional authority over the value of our money.) When Volcker was undersecretary of the Treasury during the Nixon years, he argued against the inflationary dollar devaluation that occurred when the U.S. broke the Bretton Woods link to gold. Though he never publically said it, there is ample evidence that when Volcker ran the Fed, he was targeting (or carefully watching) the movement of gold, broad commodity indexes, and the dollar as he restrained the money supply to conquer inflation. Read MoreEnergy sector could surprise in 2015: Lee Alan Greenspan often talked publicly about the significance of gold as an inflation proxy during his first three terms as Fed chair. But unfortunately, he gave up the discipline in his last years at the Fed. And today, no one in U.S. officialdom is talking gold, commodities, or the dollar. But the Fed has actually been tighter than people think, because only a small fraction of its quantitative easing bond buying and reserve creating circulated through the economy. And now it's given up QE altogether. And next year, it will begin to cautiously raise its target rate on the long road to normalization. This all helps King Dollar. And with a new Republican Congress, there's the enhanced prospect of lower business taxes, which would grow the economy faster. More support for the dollar. So I will argue simply that a strong dollar and lower oil prices are unambiguously good for the economy. Naysayers be gone. Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

backdoc » December 15th, 2014, 5:18 pm IMO I LOVE THE INTERVIEW TODAY WITH BILL GROSS "THE BOND KING”. HE SAID, “ OIL DETERMINES CURRENCY MOVEMENTS, CURRENCY MOVEMENTS DETERMINE THE SPREAD MARKETS, RISK MARKETS, HIGH YIELD MARKETS, THE POTENTIAL FOR BANKRUPTCY OR SOLVENCY NOT ONLY WITH COMPANIES BUT COUNTRIES ! ONCE YOU HAVE A MAJOR COMMODITY LIKE OIL THAT AFFECTS NOT JUST THE REAL ECONOMY BUT THE FINANCIAL ECONOMY IN MOTION LIKE IT HAS BEEN MOVING DOWN RAPIDLY THEN FINANCIAL MARKETS TRY TO RE-ADJUST”! IF YOU HAD ANY DOUBTS THAT OIL IN FREE FALL CAN BE AN ISOLATED INCIDENT, THINK AGAIN! SO JUST AS BILL SAYS, OIL AFFECTS CURRENCY MOVEMENTS. GOSH DO YOU THINK OZ HAS A CURRENCY MOVEMENT PLAN? MMMMM CURRENCY MOVEMENTS THEN AFFECT THE SPREAD RATES THAT BANKS ARE CHARGED OR CHARGE! MMMMM NEXT, ARE THE RISK MARKETS, MMMMM OHH, WELL THAT’S THE STOCK MARKET! THEN WE GO TO THE HIGH YIELD MARKET, AHHH THE BOND MARKET! FOR GOODNESS SAKES, WHAT HIGH YIELD? WE ARE SEEING THE BOND YIELDS SHRINK! COULD THAT BE PARTLY WHY THE BOND KING WANTED TO LEAVE PIMCO IN AN ABRUPT MANNER? MMMM AS EQUITY HOLDERS FLEE THE STOCK MARKET FOR SECURITY IN THE BOND MARKET, ARE THEY HEADED FOR A TRAP? MMMMM WITH BOND YIELD CURVES FLATTENING OUT DUE TO THE SHRINKING OF YIELD, WHEN WILL THE BIG PLAYERS BEGIN TO EXIT THE BONDS? A FEW MONTHS BACK THE FED. ANNOUNCED THAT THE MAY CHARGE PENALTY FEES IF TOO MANY WANT TO SELL THEIR BONDS! MMMM THE OIL CURRENCY WAR IS BEING ORCHESTRATED LIKE A SYMPHONY! FIRST THE BRASS PLAY, THEN THE STRINGS, THEN THE WOODWINDS. HIS FINAL STATEMENT IS THAT MARKETS TRY TO ADJUST!! ONE IS THE LONELIEST NUMBER ! FYI : Bill Gross used to be with PIMCO and left to work for Janus Financial on September 24, 2014. PIMCO is the largest bond company. I say the bottom is about to fall. I watched the interview this afternoon on CNBC. Oil = black gold = currency I thought they were going to keep it at $65-70/barrel and drive it down after rv.. looking at this, rv no rv, oil is going down to $50 and possibly $40/barrel.. back to the old days. Market is dizzy

I agree with LD, DB, Boost and Texstorm Let's hope Iraq can get this done

Yes I made a bundle rolling PLUG.. Apple is good to buy I also like GE

I am with you

ISP I still like my goat

I agree with you, Ron

Yeah.. Minnesotah nice

Nstool You are blessed.. we never know little things that we do, in fact the very big thing that make someone special You are welcome