January 11th 6pm

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Don961: Dr.. Abd Al-Ameer Rahima Al-Aboud: On the evolution of the dollar's position in the international economy

Note that the gold rule continued in the development of the international monetary system at the time of the application until the outbreak of the First World War, as gold was the basis of international currencies, and one of the characteristics of that system is that it avoided gold, Period.

There is no need for state intervention that automatically payments the permanent deficit in Miz, but this system ceased to apply at the outbreak of the First World War, because this is what, France, Russia and Germany are a lot of warring countries: the warlord has drained disproportionate funds Gold balances and non-marketable cash balances These countries have to adjust to the values ​​of commodities available on the market.

How to be THE LUCKIEST GUY ON THE PLANET in 4 Easy Steps 
By James Altucher

[The book "Choose Yourself!" also gives a version of the "Simple Daily Practice" and also what to do in a crisis]

I told my dad, “I’m a lucky guy.” He said, “But are you lucky in love?” I was six years old. Love was the most disgusting thing in the world to me. What the ** was he talking about? Love was living in another neighborhood at that time. Or another planet. It would be years before Love stuck its ugly little nose into my house and said, “hello, anyone here?

Luck was all about rolling the dice. Or finding a quarter on the ground. Or seeing a double rainbow after a quick storm.


Don961: Oil is rebounding and the Nymex is above $ 64 for the first time since 2014
11 January 2018 02:13 PM

Mubasher: Oil prices continued to rise strongly during Thursday trading, to climb US crude above $ 64 a barrel for the first time since December 2014.

Black gold benefited from the continued decline in US crude stocks for the eighth week in a row , and continues to forecast the balance of the market this year.

The US Energy Information Administration announced yesterday that oil inventories fell by 4.9 million barrels in the week ending on January 5.

The UAE Energy Minister predicted the oil market will be balanced this year, with Opec's commitment to a cut production agreement.
Nymex crude futures for February delivery rose 0.7 percent to $ 64.03 a barrel by 10:51 am GMT.

Brent crude for March delivery rose 0.5% to $ 69.54 a barrel.          link


ChrisC: Frank, I am going over the call again and I am sitting here thinking about what we are apparently missing. We focus on Iraq so much, and that makes sense because it is their currency, but I think we are not focusing on the real thing causing the delay. 

If you back up and look at Iraq you see several times that it appeared that they wanted to do something and then didn't. The perfect time to have done this was when they declared themselves free of terrorism, and then the first of the year, or when they debuted the new ATMs, but it didn't happen. 

It was interesting to hear the Risk Management classes were over for so long (as we had thought) but recall how we thought that would trigger things. 

They are holding off for some reason, but I don't think it is them that is causing the delay.


SwampyJack: The primary reason to go to the XCtr is because you will probably be exchanging huge amounts of $$$. Do you want your local tellers to know what you are doing and how much you have in your accounts immediately upon depositing? The retail side of banking is the local branch, I would think that one would want to utilize the professional side of the bank where certain issues can be handled on that level and not have to have some teller to and ask her suprv what has to be done next.

Fannyfandango: They are an extension of the major banks. Right? Just a higher level

SwampyJack: the XCtr will be an extension of the primary banks.... there is no sweat... everything gets checked and accounted for several times before you leave.

OffGrid: fanny - yes, imo ...... no worries, just get it in somewhere and move it where you want later by wire or check ... easy peasy ;)  they will help you accomplish your directives

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Thursday 1-11-18 Part 2 of 2

BobS: January 11, 2018 17:18 Direct: Company "Wal - Mart" has announced that it plans to increase the minimum wage has, in conjunction with the company take advantage of the tax reform law. The US company said in a statement on Thursday, the minimum wage for workers who earn hourly wages will rise to $ 11, with a $ 9 until the end employee training period and then up to $ 10.

She added that she plans to increase maternity benefits and subsidy childbearing leave. Owner of retail stores and followed it plans to provide bonuses to employees worth a thousand dollars for a one-time, pointing out that the owners of the experience up to more than 20 years employees will be eligible for it.

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Thursday 1-11-18 Part 1 of 2

chattels: US Ambassador: Iraq will achieve the desired democracy Editorial date: 2018/1/11 13:09 •


chattels: US Ambassador: Iraq will achieve the desired democracy [Ayna-Baghdad] US ambassador to Baghdad, Douglas Silliman, said Thursday that the upcoming elections in Iraq will contribute to achieving the desired democracy, as he put it.

"The elections will help achieve the desired democracy," said Sileman, who is visiting Basra province at a news conference. "There will be a conference for the reconstruction of Iraq in Kuwait next month."