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Some Urgent Info: Iraq Banks Respond To US Dominance.


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Here's some articles of Dinarian interests...

-Iraq rebels against US Dominance over Iraqi banks.

-Oil prices gain amid US oil demand decrease.

-Central Banks around the world are anticipating USD collapse.

-China admits it's main goal is to destroy the US economy & dominate the world.

Treat as rumors.  Not verified.  Your opine.

 

 

 

Tlm724 Administrator Bondlady’s Corner:             Submitting Recommendations To The Economic Ministerial Council Regarding Sanctioned Banks.

ARTICLE:  The head of the Securities Commission & head of the committee in charge of the sanctioned banks, Faisal Al-Haimas, confirmed today, Friday, the submission of recommendations to the Economic Ministerial Council regarding those banks.

 

Al-Haims said in a statement to the official agency, followed by Al-Iqtisad News: “PM Muhammad Shiaa Al-Sudani assigned him to head a committee to look into the sanctioned banks,” noting that “the recommendations were submitted to the Economic Ministerial Council more than three weeks ago.”

 

He added, "The committee is awaiting the approval of the recommendations by the Ministerial Economic Council," noting that "the committee stressed the necessity of launching development initiatives through government & private private banks to strengthen the Iraqi economy."

 

He pointed out that "the reasons for the delay in announcing the recommendations by the Council of Ministers are the existence of procedures & discussions between the Ministerial Economic Council and the Central Bank & other procedures."

 

 

 

 

FROM OTHER SOURCES:                      Oil Continues To Achieve Gains For The 3rd Month In A Row.

ARTICLE:  Oil prices jumped more than a Dollar amid expectations of tight supply due to the possibility of the OPEC+ alliance maintaining its current production cut, ongoing attacks on energy infrastructure in Russia & a shrinking number of American oil exploration platforms.

 

On Thursday, Brent crude futures contracts for May delivery rose $1.39, or 1.6%, to reach $87.48 per barrel upon settlement, while the most widely traded June futures contracts rose $1.58 to reach $87 per barrel upon settlement.

 

As for US West Texas Intermediate crude futures for May delivery, they rose $1.82, or 2.2%, to record $83.17 per barrel upon settlement.

Brent crude recorded a weekly increase of 2.4%, while West Texas Intermediate crude recorded a weekly increase of approximately 3.2%.  Both crudes achieved gains for the 3rd month in a row.

 

Last session, oil prices came under pressure after US crude oil & gasoline inventories rose unexpectedly last week, driven by higher crude imports & slower gasoline demand, according to Energy Information Administration data.

 

However, the increase in crude oil inventories was less than the American Petroleum Institute had expected & analysts noted that the increase was less than expected for this time of year, according to Reuters.

 

Prices also received support from US refinery operating rates, which rose 0.9 percentage points last week.

The number of oil & gas exploration rigs, an early indicator of future supply volume, shrank by three rigs to 621 in the week ending March 28, according to data from energy services company Baker Hughes.

 

 

 

FROM OTHER SOURCES:                      Central Banks Around The World Are Anticipating A Dollar Collapse.

ARTICLE:  CENTRAL BANKS AROUND THE WORLD ANTICIPATING A DOLLAR COLLAPSE ANY DAY NOW.  

  • Central banks globally are hoarding gold, hinting at worries over the US Dollar’s stability.
  • The move is led by BRICS nations, aiming to lessen their reliance on the Dollar in international trade.
  • Gold is being amassed as a strategic asset against potential Dollar depreciation & a broader financial shift.

    The global stage is brimming with tension & it’s not the kind that just ends when the credits roll.  No, this suspense is way heavier & could hit your wallet like a ton of bricks.

  • Central banks all over the world are stockpiling gold like there’s no tomorrow, cementing our expectations that the era of the US Dollar’s dominance could be nearing a dramatic climax. I’m talking about its death, guys.  Finally.

    With the BRICS steadfast on its mission to kill the Dollar, financial experts like Peter Schiff are now starting to picture a world where the dollar isn’t needed.

    A Golden Hedge Against Dollar Dominance:

    Let’s dive in. Over the past year, the gold market has become hotter than a summer blockbuster, with countries acquiring it faster than fans at a surprise concert.  The motive is a solid backup plan against the powerful Dollar’s fluctuations & a strategic move to diversify assets.  The heavyweight champion in this gold rush is, of course, China. It’s like they’ve got a golden touch, dominating the scene & subtly hinting at the Dollar’s timely curtain call.

    The BRICS are all about shaking up the currency mix in international trade, giving more air time to local currencies & maybe even crafting their very own superstar currency.  And gold just happens to be the backbone of their mission to usher us all into a world where the Dollar & by extension America, doesn’t call all the shots.

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And now for some more Guru gibberish...No Frankie...PM is not bringing the RV ER to the US...

 

 

Mnt Goat:              Interview With Salih.

ARTICLE:  I know it’s been a very long road for us investors but we will get to the end of this & we can now see the writing is on the wall…we must…follow the 2011 plan & it is going to lead us to the RV, whenever that occurs.  We can see now their next step …we can clearly see it is VERY, VERY close, according to the interview with Salih.

 

 

Frank 26th:          Minister of Finance..in Washington DC. He’s not there to see the president of the United States.   He’s there to deal with the ER of their country not with the American Dollar. 

 

 

MarkZ:                  We Will Not Get Out Of March Without The RV.

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Here's another article of Dinarian interests....

 

YADA:             Sitting On It.

ARTICLE:   We are practically sitting on it, all things in Iraq are in place, markets are set to explode with the increased spending in Iraq, and the REER is about to be seen. Before 4-1-24

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