Theseus

Sure they do, ask what the three stones are for! And for the record, yes it goes back to their so-called prophet. Betcha didn't even know which leg must enter the bathroom first!

As long oil keeps falling they are going to be reactionary, this means many more meetings on the budget until the price hits rock bottom. I hope I am wrong but the budget will not be passed this weekend.

Alice chased a rabbit down a hole and look where it took her. Settle on a price and be done with it. Don't keep chasing the rabbit, you eventually lose more than you gain. They have been chasing the rabbit since August @$90 per barrel. It's December oil has fallen 31 dollars with expectations now as low as 28 a barrel. That's a mighty long chase. They should set the expectations on this forecasted number and they will look like geniuses with a surplus if the oil never falls that low. Anyhoo they will look better than they do now. Set the price at 28, RV and be done with it. Then let it float to the top. Shhh Im hwunting wabbit!

Well a couple of former USSR satellite countries stopped importing NG from Russia. I know Lithuania was the country the article was about but they imported it from a neighboring country (thinking Latvia?) and have stopped all deliveries from the Russian company that is the main concern for Ukraine. GOZP or something like that. So its no surprise as more USSR satellite countries seeing what Putin did to Ukraine and Georgia that they would want to get their NG elsewhere. I am also betting this would eventually if not now include oil imports as well.

Boo blue! Go Scarlet and grey! Was in Indianapolis on a bowling team and wore a horizontal striped scarlet and grey rugby shirt. A guy on another team came up to me and asked me if I knew I was in Indiana. I said yep. He asked you know whose colors those are. I said yep, go scarlet and grey. He walked away. And yes we beat his bowling team. Guess I can't make friends any where I go!

My speculation on all of this is If anything it will be a very limited correction not an full blown out RV. I am guessing a correction of 1/3 to 1/2 of the current rate not a full blown RV. Also I have a feeling if anything comes out of this, this is where they might begin to drop the zeroes on their currency. I am agreement with those who are calling for March 2015. If anything, if the RV does not happen between April and July 2015, you can almost bet that 2016 will be the new benchmark. The a former CBI head said the best time to do the RV will be between those months. If the barrel of oil drops lower than 30 per barrel (currently below 62 per barrel) you can expect to see pressure to RV sooner to increase purchasing power of not only their citizens but the state as well. This pressure will come from the constituency not investors.

Did anyone else notice the words "draft" and "referred to parliment"? While this is great news a couple of things to note: this has not become law yet and this is not the hydrocarbon law to which all Iraqi citizens are supposed to benefit from the production of oil. This is the final stage (referal to parliment) in which the Kurds and Baghdad must agree upon and a prelude to the HCL law. Parliament must pass this from the Cabinet before it can become law. It's not law and therefore it and the HCL are not a done deal. This is counting the chickens before the eggs are hatched but noting that the eggs are indeed cracking. Sorry for the buzz kill here but with Parliament set to work on the 2015 budget and then proceed to go on a month long vacation, I seriously doubt that the HCL will be passed in 2014. I want the RV as much as the next person but the history of Iraq needs to show more than just an agreement on paper before I jump for a little joy here. It's great the Kurds got 17% but the rest of Iraqi citizens have not received their due at this time. All in good time I hope they all will. Our own parliamentary procedure works the same way, a Cabinet made up of members of Congress works to promote certain bills to the floor. From there the leader of that body then sets a schedule of how long the debate should be and following a debate whether to table the bill or vote on the bill. Ammendments are added or subtracted at this point. After passage by that particular body the bill goes to the President to be signed or vetoed. A bill can automatically become law passively if the president doesn't take action on the passed bill after a certain amount of time has passed. The parliament in Iraq can table this bill if so inclined however, I seriously doubt they will. I have seen bills in our own Congress thought to have without a doubt passage only to be stopped in a parliamentary procedure. Let's hope this becomes law then the HCL can finally be taken up and passed. I can see a sticking point of half salaries. How many of you would take half of your annual salary?

The gist of the whole thing is that 50,000 "ghost soldiers" seems to be a low ball number. There might be up to 3 times that many. Now if we could just get them off the voter rolls here in the USA we might be on to something. I digress.... BTW I didn't paste and copy due to possible copyright infringement.

Several things, a recent report stated oil could go down to $28 per barrel due to the so-called war the KSA is doing with oil right. Iraq cannot keep chasing the price of oil. It would be like tying a dollar bill on the line of a fishing pole and seeing if they can catch it while reeling in the dollar. Iraq must diversify but they really cannot do so 100% without global help. In order to do so they need to be able to trade globally without hindrance and that means getting out of the current monetary situation they are in now. HCL is not a done deal. Hasn't been and people have been cheering the completion since the middle of October and even more so when the Kurds and Baghdad came to an agreement. I said it then and I will say it here, that was a prelude to the HCL but not the HCL. The HCL even when passed into law won't be a done deal because people in Iraq have to get paid. We all know the past history of Iraq paying out money. Hopefully things have changed but the HCL won't be a done deal until people get paid and that is what the financiers around the globe are looking at - will the citizens of Iraq actually get paid based on the law that is passed. Words on paper are one thing action is completely different. Lastly, the Islamic calendar is based off the lunar cycles. Different cultures around the world currently have different calendar systems. The Western calendar(used to be the Gregorian calendar until changed by some ceasar and later adopted by some pope in Rome) like Jan, Feb Mar is not practiced everywhere. The Jews have their own calendar and Islam has theirs. So if you have always wondered why Channukah was always different now you know why (provided you didn't before). That is why Ramadan is also different each year due to having their own calendar. Other cultures that have lunar calendars - Mayans, Egyptians, Native Americans etc. History has shown lunar calendars, as opposed to solar calendars, are the most common form of a calendar system due to the fact of the lunar phases. Here is another clue about the Islamic Calendar system, it's above every mosque and on quite a few Islamic countries flags. It's their symbol - the crescent moon and star (actually Venus). This is due to what is said in the Quran (or is it the Hadiths, its said somewhere in either of those) about when to fast for certain times, usually after the last sliver of moon that can be seen and goes dark. Whilst you may not care but now you know...

"Iraq's Prime Minister said Sunday that the country's army has been paying salaries to at least 50,000 soldiers who do not exist, the latest sign of corruption in a force that the U.S. hopes to help contain the Islamic State militant group. " http://www.foxnews.com/world/2014/12/01/prime-minister-says-iraqi-army-has-50000-ghost-soldiers-on-payroll/

As of writing this Oil is at $68 dollars per barrel. Again to counter the fracking in the USA and the Russian exportation of oil. Iraq needs to set a number and stick to it. They can't keep chasing the price down the well to hold off the budget. The new govt was supposed to be acting instead of reacting. This is a clip from a newsletter I received on Saturday: "Today, OPEC (the Organization of the Petroleum Exporting Countries) is back calling the shots, and putting the squeeze on global crude producers, commodity currencies, trade balances and Russia in particular, after yesterday’s stand-pat decision to maintain its existing daily production of +30M bpd. This decision pushed the benchmark North American West Texas Intermediate crude oil to trade down -6% to $68 per barrel, a fresh four-year low. OPEC’s decision has given an upward bias to the mighty U.S. dollar, as lower oil prices are deemed a direct boon to the American economy. OPEC’s bearish position is also managing to send commodity currencies like the CAD ($1.1385), NOK ($6.99), and RUB tumbling. " (from Market Pulse 11/29/2014) While Iraq relies on the price per barrel they need to set the budget quota at $65 - the production price of fracking in the USA - rather than any of the above. If the price per barrel drops lower than $65 than it will be only a short period for a dip in price. If the budget is contingent on oil than the currency will be pegged to the currency that oil is traded in, Iraq really can't get around this if they rely on the oil for the wealth. That right now is the petrodollar. As the clip is showing other currencies are declining due to the oil price/barrel falling. The RV when it happens will more than likely float from the initial onset whatever that may be. I don't hold my breath for the beginning of 2015. If it will happen it will be as previously stated by a former CBI head - in June or July. The year was never specified. Here's another tidbit, if the execs at the IMF are scheduled to be on vacation, you can rule out any of those dates. I know some will say that the IMF has nothing to do with the RV but its called coordination. IMF will have no say but Iraq will coordinate with the IMF. When Iraq RV's then it will be a thankful day whenever and however that may occur.

This number has been bantied about since August and due to the falling oil prices to be thrown into the mix it has substantially fallen. The last number I read was $65 just as Caye said. The price per barrel is falling due to the KSA wanting to stop the Americans from fracking in American. Saudis are scared and they have a right to be. They have dropped their price per barrel. The production price point of fracking in America to produce one barrel of oil is $65. This is the reason why the $65 price point for the Iraqi budget to hold. In September I believe this number was around $85 and in May it was $95 to give you some inkling on how far down the price per barrel will fall. Around the beginning of the year price per barrel was being traded just shy of the $100 mark. I think it had risen to about $108 before it started its free fall. All in all, it will seem to settle at $65 due to the production cost of fracking in America.

I will be more than happy to apologize to pp, if I am wrong that is, right after the specific "newbie" is named that is the basis of his entertainment in this particular thread that caused him to take three minutes out of his life to post a response. If he is bashful he should be able to tell you specifically since he is VIP.

Oh pleez I stated I saw the ticker with my own eyes, commented I saw it and denounced the rest of the crap the idjit guru spit out. The rest of what the guru idjit is spilling is nothing more than BS crap. I have more common sense than to believe some tripe that idjit spits out any day of the week. Did you even bother reading the dv news section confirming what the content on the fox news ticker was about? I bet you didn't because you posted so soon after I commented. So please before you die from asphyxiation from sphincter insertion do some research before posting.

2014 budget should be easy by this point in the game. Take all they have spent up to this date add enough for an additional month based on the previous 11 and pass it. I guess they took passing legislation lessons from the likes of Pehosi...You have to go through the year before you know what is in the budget to pass it.

I will state I saw Fox News ticker (scroll) yesterday(11/13/14) but it did not say that HCL is done. What it did say was about 150 000 barrels of oil and the $500 million. However it did not say anything about HCL. There are news articles in the DV news section about this. IMO this is a prelude to the HCL law but not the HCL law in its entirety. Because I didn't take a picture I didn't say anything about it. To give you an idea of the time I saw it, The Five was was on. Remember it didn't happen without a picture.

Don't worry his meme lives on in "Baghdad Pelosi". Some of her most famous quote: "You have to vote for it before you can find out what's in it." 2014: "I don't know who Grueber is." 2009: "You have to compare MIT graduate Grueber's numbers to see how Obamacare will save you money." (paraphrasing) "Unemployment payments are the backbone of the economy." "No Republicans will win any seats this election. Democrats will control the Senate after the election." Pelosi #Gruebered us all.

"He's not dead. He's just sleeping."

Apparently you can't read... I was referring to the x number of months before you found this thread. Apparently my beef is with you and your snobbish remarks to think that anyone that has not paid to be a VIP member of this site 1) is beneath you or 2) doesn't have any investment in Dinars and want them to prove to you that they do? So what are you now the Dinar Investment Police? Everyone in the world has to prove to you and you alone they hold dinar? How much dinar do they have to hold before they satisfy your simple minded view? Yes you thanked someone then made derisive comments following that were condescending to a couple of individuals. That sir / ma'am is why you were called out. You have an entitlement mentality and I hate people with entitlement mentality unless of course their entitlement was duly earned. Yours was not. I can read and I do read well. I can also smell and when I smell BS I tend to try call it out. I smell and continue to smell BS wafting from your direction. Have a nice day.

No you said: @ReinMan and everyone else who is contributing, ooooh boy am I grateful for this thread. If only I had found it three months ago, I would've been on top of the noise. Tony/DC are a given. Okie, Goat and Terry and especially Frank were on my Suspect-List. But now, my doubts are confirmed, as well as now I know to ignore from now on. Mad props to you for this, because you are absolutely right; Not everyone has been in the game for 5+ years and without any warning, it takes a while to know who's-who. We all deserve to know the truth as soon as it is available. Read more: http://dinarvets.com/forums/index.php?/topic/173765-sigh-will-these-idiots-ever-quit-lying/page-14#ixzz3IWNHeyjx Been here for two years and you are just now figuring out who to ignore? Something ain't right here. Heck I knew who to laugh and ignore at in the first two weeks on this site. This thread isn't the only one of its kind. Again just because you paid doesn't mean others haven't either. My remark was akin to having a husband and wife on the this site and it would be inefficient for both of them to pay for a VIP. So please keep the snobbishness to yourself because unless you have trillions of dollars in your bank account(s), you ain't got crap as far as money goes. Been how many years and posted how many times? I am not the only one who sees the lunacy of your game. Its strange that you keep posting and yet you never go higher than 47 posts....

Most assassine and ludicrous statement I have read on here besides the Islamic apologetics on here that I have encountered. This is akin to saying in the gaming world, I am max level and you are a plebe because you are only level 5 but what is not known is the level 5 guy has about 4 other maxed out characters. Next thing you will be saying is that the guy is 12/13 y o and living in the basement of his mother's house. Oh please give it a break wuld ya... Two months before you joined? Hmm,,, something wrong with this one. Please before you speak... remove foot from mouth next time.

Let me give you a hint: check to see if the powers that be in the IMF will be on vacation over the next few months. When they are you can guarantee nothing will be happening during that time. In August when people called for this the IMF powers that be announced vacation dates. So any date an IMF power that be person is on vacay... you can rule out those dates. If IMF is not in session... rule those dates out as well. The Central Banks are taking a lead in the global economy and it is the IMF that is controlling the CB's albeit the CB's won't admit to it.

It was in the Phillipines (I believe in the 50's but don't quote me on that) the idea of dipping bullets in pig's blood to fight the terrorist muslims manifested and was actually done. Since then the Phillipino muslims have never returned to the status they once had or lest they be shot with a bullet dipped in pig's blood thus negating their right to get their 70 plus 2 white grapes virgins as a martyr.

Flint its Nov 3 as I read through this but did you realize when you submitted this particular post talking about November 13, that this was the thirteenth post of the the thread? Okay I will stop playing the The outer limits music.

Maliki threatens to leave the govt but this quote is key and seems to be missed by many. I underlined and bolded the key part of the threat. "Mr. al-Maliki sent a strongly worded letter to the head of the current government Haider al-Abadi," and threatened "him to overthrow his government and his removal as prime minister if What has been condemning the oldest agent of the Ministry of An Interior Adnan al-Asadi, the issue of detecting the failed explosive devices. " Maliki is threatening to withdraw only to overthrow the current form of government. If he leaves he will not go quietly into the night as he will be back to kill his opponents and take control of the government once more. This is the plan Maliki has had all along and is working on. The cleanup of his previous administration is proceeding and Maliki is starting to feel the pressure but when boilers can no longer hold the pressure they explode. This government needs to release the steam from Maliki or like the boiler it too will explode. It is Maliki that needs to be removed before permanent and long term damage comes to Iraq beyond what has been done previously. If Maliki does overthrow this current government it will be a dog's day in hell before the RV actually happens.