* Rudy Post #15: KTFM 11/17/10

[Lilalbertus]

* Rudy Post #15: KTFM 11/17/10

November 18th, 2010 07:47 am · Posted in CHATS / POSTS

NOW LETS FOCUS ON THE POSITIVE

WE HAVE SEEN THAT A LOT HAS MOVED EXTREMELY FAST IN IRAQ, MOST OF US HAVE BEEN IN THIS INVESTMENT FOR QUITE SOME TIME. NEVER HAVE WE SEEN SO MUCH PROGRESS AS WE HAVE THIS PAST 2 WEEKS. IN REALITY THIS IS THE FIRST TIME I CAN REALLY SAY TO MYSELF “WE ARE VERY CLOSE TO THE END”.

BUT FOR SOME IT SEEMS NOT TO BE GOOD ENOUGH, OR MOVING AS QUIK AS THEY WOULD LIKE.

PLEASE FAMILY HAVE PATIENCE AND MATURITY TO REALIZE THAT THESE ARE HISTORIC TIMES, WHEN INTEL IS ANALYZED MANY FACTORS COME INTO PLAY, THE BUZZ IS STARTING TO HIT THE FINANCIAL COMMUNITY, THERE’S A LOT OF HEARSAY AND A LOT OF DISINFORMATION, IT IS COMMON IN THE FINANCIAL MARKETS TO CREATE CONFUSION, IT KEEPS EVERYONE AT BAY AND IT ALLOWS FOR MANUEVERING IN WAYS WE CANT REALIZE. SPECULATION IS THE KILLER OF ALL GOOD PLAYS. IT CAN DRIVE A PLAN INTO THE GROUND OR IT CAN UPLIFT IT IN WAYS THAT WOULD BENEFIT US. SO SURELY YOU CAN UNDERSTAND THAT IRAQ NEEDS TO BENEFIT FROM THIS MONETARY INSTRUMENT, IT NEEDS TO PROTECT AND GUIDE IT, TO AVOID POWERPLAYS THAT CAN HURT IT, IT NEEDS TO BE RELEASED WHEN LEAST EXPECTED. REMEMBER MONEY IS MADE WHEN IT GOES UP AND A LOT MORE IS MADE WHEN IT GOES DOWN, IT CAN HURT BOTH WAYS.

LET ME EXPLAIN A FACTOR THAT IS VERY IMPORTANT FOR THE VALUE OF THE DINAR

WE ALL HAVE READ THAT THE BIG DISCUSSION WITHIN THE GOVERNMENT OF IRAQ IS ITS 2011 BUDGET

WHAT ARE BUDGETS BASED ON?

OUR BUDGET IS BASED ON CONSUMERISM, WE ARE A NATION THAT CONSUMES, THAT IS WHY THE WORLD LOOKS AT US TO PURCHASE EVERYTHING THEY PRODUCE

WITH IRAQ, THE ECONOMY IS BASED ON A RESOURCE NATION, 90% OF THERE ECONOMY IS BASED ON THE PRODUCTION OF OIL. THAT IS WHY IT IS SO IMPORTANT AND HAS BEEN A TOPIC OF DISCUSSION ABOUT INCREASING THER OIL PRODUCTION AS QUICK AS POSSIBLE. NOW THERE ARE REPORTS THAT IF IRAQ WHERE OUT OF THE OILGAME, OIL COULD POSSIBLY BE AT THE END OF 2011 AT $140.00 TO 170.00 A BARREL. IS IT GOING THERE, I BELIEVE EVENTUALLY IT WILL BE AT THAT PRICE ANYWAY, I THINK YOU HAVE HEARD THIS QUITE A LOT.

THE PROBLEM IS THAT OPEC WANTS TO CONTROL THE PRODUCTION OF OIL COMING OUT OF IRAQ, BUT WE DON’T WANT IRAQ TO FOLLOW THOSE GUIDELINES, THEY ARE GETTING A LOT OF PRESSURE FROM THERE ARAB BROTHERS ABOUT NOT ADHEREING TO POLICY.

IF THEY ADHERE AND THEY ARE CAPPED AT A PRODUCTION LEVEL, WE WILL SURELY SEE OIL ABOVE $200.00 DOLLARS A BARREL. IF THEY DON’T AND ARE A (FREE PRODUCTION RESOURSE) PROVIDER WITHOUT LIMITS, THEY WILL BE THE STABALIZER OF OIL PRICES.

NOW THIS IS WERE IT GETS COMPLICATED, REMEMBER WHEN WE TOLD YOU THAT THE UNITED STATES HAD AN AGREEMENT WITH IRAQ THAT FOR ALL OUR FUTURE CONTRACTS WE WOULD BE PURCHASEING OIL AT $42.00 A BARREL AND THAT WE HAVE AN OPEN FUTURE CONTRACT WITH IRAQ (WE CAN BUY AS MUCH AS WE WANT WHEN EVER WE WANT).

SO EVERY FINANCIAL MARKET IS PREDICTING GLOOM FOR OUR ECONOMY, THE RUMOR IS OUR ECONOMY IS COLLAPSING, WELL LET TELL YOU A LITTLE SECRET ONE I HAVE PERMISSION TO TELL.

WHEN OIL HITS $140-$200, AND EVERY CONSUMING NATION IS PURCHASEING AT THE WORLD MARKET PRICE TO KEEP THERE NATIONS MOVING FORWARD, WHAT PRICE DO YOU THINK WE WILL BE BUYING AT ($42.00) WHILE THERE ECONOMIES ARE FEELING THE GRIND, WE WILL BE PROFITING $100-$160 PER BARREL. GUESS WHAT NEW BUSINESS WE WILL BE IN (YES , OIL BROKERING)

YOU SEE ONLY 31% OF THE NATION OF IRAQ HAS BEEN RESEARCHED FOR OIL PRODUCTION, THERE IS VAST AMOUNTS OF OIL BENEATH IRAQ, THEY STILL HAVE TO RESEARCH 69% OF THE COUNTRY. REMEMBER THE OLD SAYING “IF YOU CANT BEAT THEM THEN JOIN THEM” DO YOU THINK THIS PLAN ONLY WAS ABOUT THE DINAR, NO WAY, THAT IS JUST A QUICK FIX FOR OUR NEAR FUTURE ECONOMY, IT’S A KICK START. WHEN THESE GUYS SAT DOWN 25 YEARS AGO AND REALIZED WHAT HAD TO BE DONE TO GET TO THIS POINT AND CONTROL THE GAME, THEY LOOKED AT THE WHOLE HORSE AND BUGGY. YOU SEE IT’S A WIN/WIN SITUATION, WE CONTROL PRODUCTION, WE GET IT AT OUR PRICE, WE PURCHASE FUTURE OIL CONTRACTS AND BIDD THEM IN THE OPEN MARKET AT CURRENT DAILY PRICEING, WE ONLY USE WHAT WE CONSUME AND SELL THE REST, DID YOU REALLY THINK IT WAS ABOUT THE DINAR, GET REAL THAT’S JUST ICEING ON THE CAKE.

YOU SEE YOU CAN NOT HAMPER A COUNTRY LIKE THE UNITED STATES , WE WILL NOT ALLOW OTHERS TO DICTATE OUR ECONOMY, OR TO HOLD US HOSTAGE TO THERE PRICEING, THE WEALTH OF THIS NATION IS ABSORBED BY THE MIDDLE EAST, OVER A TRILLION DOLLARS LEAVES OUR SHORES FOR OTHER BANKS, NEVER TO BE SEEN AGAIN, UNLESS WE BORROW IT BACK. WELL THOSE DAYS ARE NEARLY OVER, WHY DO YOU THINK WE ARE IN AFGANISTAN, (CROSSWAYS, GLOBAL POSITIONING, AND BY THE WAY, THE LARGEST LITHIUM RESOURCE IN THE WORLD). THE NEXT ENERGY WAVE, MIGHT AS WELL CONTROL THAT TOO.

OK, LETS GET TO THE BUDGET, REAL FAST, WHEN THE FIGURED OUT THERE BUDGET IT WAS WITH AN OIL PRICE OF $62.50 A BARREL, WITH OIL NOW AT $81.00 THAT IS AN INCREASE OF $18.00 DOLLARS A BARREL. IF WE DO THE MATH

LETS USE A DAILY PRODUCTION OF 3.1 MILLION BARRELS FOR 2011 EVERY DAY

3,100,000 X 62.50 A DAY = 193 MILLION DOLLARS

3,100,000 X 81.00 A DAY = 254 MILLION DOLLARS

NOW X 365 DAYS A YEAR ITS OVER 1 TRILLION DOLLARS A YEAR,

NOW OIL INDUSTRY RESOURCE A MONTHLY PUBLICATION HAD AN ARTICLE LAST MONTH ABOUT, RETOOLING AND BUILDING NEW WELLS IN IRAQ, THERE STATEMENT WAS THAT IRAQ WILL BE THE FASTEST RETOOLED AND PRODUCTION BUILT OIL RESERVES EVER SEEN IN THE LAST 30 YEARS OF THE OIL INDUSTRY. THEY FEEL THAT WITHIN FIVE TO SEVEN YEARS IRAQ WILL BE PUMPING 12-13 MILLION BARRELS A DAY, DO THE MATH, DO YOU THINK OIL WILL BE AT $85.00 A BARREL IN 5 YEARS, NO WAY JUST IN ANNUAL PRODUCTION THEY WILL BE A NATION THAT HAS AN ECONOMY OF 6-10 TRILLION DOLLARS, I HAVE NOT EVEN INCLUDED NATURAL GAS OR OIL BY PRODUCTS. WHERE DO YOU THINK I WILL BE INVESTING WHEN THE DINAR REVALUES, YES IN THE NEW (IRAQ GLOBAL EQUITY FUND).

SO BACK TO THE 2011 BUDGET, IF THEY REVALUED TODAY, THEY WOULD HAVE A SURPLUS IN THERE BUDGET OF 55MILLION A DAY/ 20 BILLION FOR THE YEAR.

THIS IS WHERE IT GETS COMPLICATED THEY HAVE TO GO BACK AND REANALYZE THE NUMBERS, REMEMBER THEY BUDGETED WITH A $62.50 BARRELL ITS AT $81.00.

NOW WE KNOW THAT EVERY IRAQI WILL GET A DOLLAR AMOUNT BASED ON PRODUCTION, THEY ALREADY BUDGETED AT $62 NOW THEY HAVE TO LOOK AT REDISTRIBUTION OR PUSHING FUTURE PROJECTS MUCH FASTER INTO THE 2011 TIMELINE. SO DO YOU REMEMBER WHEN I SAID AT FIRST THAT MUCH COMES INTO PLAY WITH INTEL, AND WITH THESE GUYS NOTHING COMES EASY, SO THEY NEED HELP, REMEMBER THIS IS REALLY THERE FIRST ATTEMPT AT A DEMOCRATIC BUDGET, WITH 4 DIFFERENT FACTIONS WITH SAY SO, THERE TRYING TO FOLLOW THE KURDS, BUT THEY HATE THE KURDS, SO IT MAKES HARD TO FOLLOW HE WHO YOU HATE, ITS LIKE DRAGGING A DONKEY UP A MOUNTAIN, I THINK YOU GET MY DRIFT.

FAMILY THERE IS SO MUCH TO THIS , THAT I WISH IT WAS JUST AS EASY TO PUSH THE BUTTON, BUT OUR NATIONS FUTURE REALLY DEPENDS ON THIS, ITS OUR ONLY SHOT IN THE HOLE, WE REALLY NEED THIS TO WORK OUT, AND WITH MURPHY ALWAYS AROUND THE CORNER, SOMETHING CAN GO WRONG, AND WITH WORLD CHESS YOU ONLY GET ONE CHANCE TO BEAT THE QUEEN

I WANT TO TELL YOU I AND FRANK BELIEVE IN OUR HEARTS THAT THIS WILL NOT LAST MUCH LONGER, IMHO I BELIEVE SHABIBI, THAT IT WOULD OCCUR IN 2010. SO I PRAY THAT BY DEC,1, 2010 IT IS A DONE DEAL

[J.C.]

Makes a lot of sense, and pretty much right in line with my thinking.

[Telabiz]

Good read , Thanks Rudy

[dweave69]

Rudy come, Rudy go.

Thanks for the post.

Go RV now.

[gfulcher66]

Interesting.....

[ECSxFenrir]

You just painted one of the most beautiful roads on where this all began and where it is heading. I'm hoping your work isn't fiction. Sounds as if we the US doesn't get this right we will fall forever, if not past my own lifetime.

Where does this put the other major chess pieces? Why would the other kids on the playground only let us play with the small but rich kid? Let me know if I have this right. The US buys tons of dinar for less than the dollar. Waits for it to RV more than the dollar, buys oil bunds for a cheaper world market price with a currency that is greater than it's own? Hmmm that is smart!

Green technology has to be on the back burner for all this time to make cash off oil. Just more and more reason for who killed the electric car. I still think if we beat the world I'm green energy production we could sell the excess along with the oil. Hit them from both ends.

[dlbfilm]

Great post, very informative...

[unclegeek]

You just painted one of the most beautiful roads on where this all began and where it is heading. I'm hoping your work isn't fiction. Sounds as if we the US doesn't get this right we will fall forever, if not past my own lifetime.

Where does this put the other major chess pieces? Why would the other kids on the playground only let us play with the small but rich kid? Let me know if I have this right. The US buys tons of dinar for less than the dollar. Waits for it to RV more than the dollar, buys oil bunds for a cheaper world market price with a currency that is greater than it's own? Hmmm that is smart!

Green technology has to be on the back burner for all this time to make cash off oil. Just more and more reason for who killed the electric car. I still think if we beat the world I'm green energy production we could sell the excess along with the oil. Hit them from both ends.

Done some research on green energy. Mostly the biggest hoax in recent history. The coal plants don't shut down when a wind turbine is running. Solar panels covering desert land-altering the natural landscape. The metals for wind turbines and hybrids come from China. Go to opb.org and search 'clean energies dirty little secret'. Nuke is good. The waste from coal is usable to grow algae for biofuel. We can edit our power usage to use less, but what is referred to as 'green energy' isn't.

[jfv]

excellent post thx

janine

[Happy Man]

OK, LETS GET TO THE BUDGET, REAL FAST, WHEN THE FIGURED OUT

THERE BUDGET IT WAS WITH AN OIL PRICE OF $62.50 A BARREL, WITH OIL NOW AT $81.00 THAT IS AN INCREASE OF $18.00 DOLLARS A BARREL.

IF WE DO THE MATH

Read more: http://dinarvets.com/forums/index.php?app=forums&module=post&section=post&do=reply_post&f=15&t=41770#ixzz15fGGKSfz

I have question some where you talked about contracts being sold at 42$ so what price shoule be used: 42$, 62$ or 81$,,,,?

Richard

[ECSxFenrir]

Done some research on green energy. Mostly the biggest hoax in recent history. The coal plants don't shut down when a wind turbine is running. Solar panels covering desert land-altering the natural landscape. The metals for wind turbines and hybrids come from China. Go to opb.org and search 'clean energies dirty little secret'. Nuke is good. The waste from coal is usable to grow algae for biofuel. We can edit our power usage to use less, but what is referred to as 'green energy' isn't.

I'm not surprised by that. To me it just shows how engrained we are. Reduction is the first step then you move into how to replace the old ways.

[ronscarpa]

* Rudy Post #15: KTFM 11/17/10

November 18th, 2010 07:47 am · Posted in CHATS / POSTS

Thanks for posting Lilalbertus (+1)........and thanks for the 5-Star article Rudy...!

I do believe the agreed contract price was $32 or $32.50, not $42...and...the 2011 budget used $60.[ SEE: http://en.aswataliraq.info/?p=139015 ] Nevertheless, your points are very well taken and appreciated, Rudy.

Blessings Everyone,

RON