June 30, 2014

US dollar weakness drives risk higher

US dollar weakness drives risk higher

IG – 11 hours ago

The housing market certainly continues to show some strong signs of improvement and this is helping lift confidence. Despite some encouraging data, the US dollar broadly lost ground, with the dollar index slipping below 80 for the first time since May.

AUD/USD extends decline to 0.9385 – FXstreet.com

Don't be shellfish...

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8-12-2014   Newshound Guru lojak   Article quote:   "Prime Minister-designate Haider Abadi began talks with the parties of the country's parliament on the formation of a new government."   Abadi had the list of his suggested cabinet yesterday, and was already pitching their names in Parliament. He'll be done much sooner than the articles suggest.

8-12-2014   Intel Guru TerryK   SO WE HAVE A NEW PM SWORN IN TODAY. I WAS TOLD THAT THE CARDS ARE BEING PUT OUT TOMORROW...FOOD RATION CARDS.   SO HERE IS WHAT I GOT TODAY...WE WILL SEE THIS THURSDAY. I DID NOT GET A RATE. SO LETS ALL KEEP OUR EARS PEALED FOR TOMORROW BUT WORD IS WE WILL SEE IT THURSDAY. THE BLESSING IS UPON US ALL. THIS IS OUR WEEK.

8-12-2014   Intel/Newshound Guru Poppy3    I CAN SAY YES THE WORST IS ABOUT OVER WITH MALIKI. AS I STATED YESTERDAY I EXPECTED ABOUT 3 DAYS BEFORE MALIKI IS GONE OR HE IS ARRESTED AND REMOVED FROM PUBLIC. SEEMS HE IS LEAVING ONE WAY OR ANOTHER AND THE NEW PM HAS SAID IN PUBLIC HE WILL FINISH AND PRESENT HIS NEW CABINET WITHIN THE NEXT FEW DAYS, NOT THE MONTH HE HAS AVAILABLE. THIS SOUNDS GREAT SO COME ON TURKI GET WITH THE PROGRAM AND TURN OUR MONEY LOOSE. [post 2 of 2]

8-12-2014   Intel/Newshound Guru Poppy3   just received this from a friend...The situation although not completely resolved now looks as if it will be in short order. Maliki's relatives have come out asking him to step down and transfer power to the new government peacefully. Maliki's own legal department that has always done his bidding has now stated they will no longer work for Maliki but instead now work for the new government. The army which was my biggest fear because some were loyal to Maliki, are now on record saying they no longer answer to Maliki but answer to and will protect the new government. Obama came out in total support of the new government warning Maliki to back off and step down. Iran has recognized the new government as has Europe. One by one everyone is acknowledging change is here.   [post 1 of 2....stay tuned]

8-12-2014   Newshound Guru Tlar   I was the biggest proponent of an 86 cent dinar on the internet. I have abandoned that number because of things that I have come to realize and things I have found out. So bless all of you for hanging tough. Maliki stood in the way of progress in Iraq and the RV. He is very close to being gone. The people in Iraq are dancing in the streets of Bagdad today chanting Bye Bye Maliki. That's not a fantasy of mine, they really are in the streets chanting Bye Bye Maliki. This is the first time they are in the streets dancing and singing. The second time they [will] do it in a week or two from now, so will you and I. I assure you. [post 3 of 3]

8-12-2014   Newshound Guru Tlar   It is my belief that as soon as the new government is complete and seated, Turki will do his thing. This is what I believe and has been backed up by intel that concurred my belief. ...I will hang tough on the next statement. The RV will be within three days of the government being seated and it is still $3.71 per dinar. I have come to this number based on 4 or 5 conversations and on experiences I have had over the last three months.   [post 2 of 3....stay tuned]

8-12-2014   Newshound Guru Tlar   Today Maliki forced the CBI to wire transfer 328 million dollars. Another sign that he is preparing to leave the country IMO. It is now my opinion that he will run in the next 24 hours. Abadi is pushing to quickly finish building this government. He has stated he will be ready next week with his list of Ministers to take over their new positions. This list will be given to parliament and at that time they will vote to make it a government. The vote will be close or at unanimous because these guys are now for the first time all working from the same page. Even the SOL guys are working in unison with the parliament for the first time. Yesterday Abadi dismissed Maliki's Ministers telling them they are through. [post 1 of 3....stay tuned]

8-12-2014   Newshound Guru Millionday   "Hashemi Iraq seeks to open the horizons of cooperation banking on the Arab and international levels through the establishment of a banking relationship with them..."   THEY ARE FINISHING THE LAUNCH OF THE MASTERCARDS AND SMART CARDS TO GO TO INTERNATIONAL AND GLOBAL BANKING...CREDIT CARDS, THE CREDIT AND ATMS AND INTERNET PURCHASES -- THIS CANNOT BE DONE WITH OUT REALITY RATES. CREDIT RATING THEY ARE WORKING ON -- INTERNATIONAL COMPLIANCE COMPLETION AND GOV AND ALSO SWIFT CODES --- AS WE HAVE EXPECTED ALL AT ONCE...THIS IS GREAT...

8-12-2014   Newshound Guru Tlar   Article quote: "Maliki heads the caretaker government, but the position of the Armed Forces wasting his efforts to block the formation of a new government. Baghdad - apparently increased the isolation of Prime Minister Nuri al-Maliki former ethnic Tuesday with military leaders pledged allegiance to President Fuad Masum, and respect his decision commissioned Haider Abadi form a new government amid widespread international acceptance."    THE BEST ARTICLE OF THE DAY IS THIS. ARMED FORCES PLEDGE ALLEGIANCE TO NEW GOVERNMENT. This takes the stinger out of Maliki.

8-12-2014   Intel Guru TerryK   Article quotes: "Announced the new Prime Minister Haider al-Abadi assigned by the President of the Republic, that the ministerial cab will be ready within the next week." "naming ministers next government will be announced next week, but not accepted for the delay, stressing that the minister will be named on the basis of competence, integrity and history of all people of good candidates. He added, We are keen on the participation of all political forces in the next government in order to build a democratic process sober."

8-12-2014   Newshound Guru Aggiedad77   Article: "Finance Minister agency purity of net debt, balancing the budget in 2014 will switch from anticipatory planning to realistic budget based on real numbers"    Budgets based upon "real numbers"...the world at large should wake up and pay attention to this effort...it could be the first of its kind...if I am not mistaken several days ago I saw mixed in a news article that Abadi had been placed in charge of the temporary committee when it was formed back in July to study the budget and bring back possible solutions to Parliament...If that is so...could that have been an early "sign" of things to come in that he would eventually be the Prime Minister and intimately involved in the budgeting process anyway...

8-12-2014   Newshound/Intel Guru BGG   Everyone - including the formerly "pro-Maliki" SJC has started the process of distancing themselves from him... much of this bluster about lawsuits is just that. [if the seating of the COM doesn't trigger the RV I give up guessing.] it doesn't "have to". [Prob need to implement some laws first?] Not IMHO. IMHO - once Maliki is "gone" - completely, is when our possibilities are more likely.

8-12-2014   Newshound Guru Chattels   from the language of the constitution, article 76: The Prime Minister-designate shall undertake the naming of the members of his Council of Ministers within a period not to exceed thirty days from the date of his designation.

8-12-2014   Newshound Guru Millionday   THE PRESIDENT OF IRAQ TOOK A NEW NAME FOR PRIME MINISTER [ABBADI]. HE IS ASKED TO BEGIN FORMING THE NEW GOV RIGHT AWAY. HE CAN FORM IT QUICKLY AND I TELL YOU WHY. THIS MAN HAS BEEN IN THE POLITICAL ARENA FOR A LONG TIME AND IS WELL RESPECTED WITH ALL PARTIES AND HAS GREAT RESPECT FOR THE GOV AND THE LAW -- AND ALSO WAS WITHIN THE FINANCIAL GOV...HE HAS A LONG RESUME'.   THIS PM HAS CLAIMED AND SHOWN THAT HE IS ALL FOR THE CITIZENS OF ALL OF IRAQ.

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