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Tuesday, October 28, 2014
Friday, October 24, 2014
Backdoc at KTFA: "Now What Do I Do?"
backdoc » October 24th, 2014,
THE FOLLOWING IS IN NO WAY INTENDED TO GIVE ANY FINANCIAL ADVICE JUST FOR THINKING
NOW WHAT DO I DO?
I WANTED TO SHARE ANOTHER OPTION FOR FOLKS WHO ARE NOT WANTING TO SPECULATE IN THE MARKET IN ANY WAY ONCE THEY RECEIVE THEIR BLESSING.
BEFORE I SHARE IT LET ME GIVE YOU A THOUGHT PROCESS THAT MAY BE HELPFUL.
THE FIRST THING I WILL DO IS HIRE A TAX ATTORNEY TO EVALUATE MY TAX CONSEQUENCE OR OPTIONS. A CPA MAY BE HELPFUL IN WORKING WITH THE TAX ATTORNEY.
....
THE FOLLOWING IS IN NO WAY INTENDED TO GIVE ANY FINANCIAL ADVICE JUST FOR THINKING
NOW WHAT DO I DO?
I WANTED TO SHARE ANOTHER OPTION FOR FOLKS WHO ARE NOT WANTING TO SPECULATE IN THE MARKET IN ANY WAY ONCE THEY RECEIVE THEIR BLESSING.
BEFORE I SHARE IT LET ME GIVE YOU A THOUGHT PROCESS THAT MAY BE HELPFUL.
THE FIRST THING I WILL DO IS HIRE A TAX ATTORNEY TO EVALUATE MY TAX CONSEQUENCE OR OPTIONS. A CPA MAY BE HELPFUL IN WORKING WITH THE TAX ATTORNEY.
....
NEXT, I WILL RELOCATE TO A TAX FREE STATE SUCH AS FLORIDA,TEXAS,OR NEVADA.
NEXT, AFTER REVIEWING TAX SCENARIOS I WILL DECIDE HOW MUCH I CAN GIVE BEYOND 10% TO REDUCE MY TAX BILL TO THE FEDERAL GOVT..
ONE WAY TO HELP REDUCE MY TAX BURDEN IS TO USE THE APPROPRIATE FORM OR FORMS TO LEGALLY GIVE THE NEWLY APPRECIATED CURRENCY TO A 501C3 LIKE A CHURCH ECT. PRIOR TO EXCHANGING IT.
THIS ALLOWS ME OR WHOEVER TO REDUCE THE TAX BILL BY THE APPRECIATED VALUE DOLLAR FOR DOLLAR OFF MY TAX BILL. I LEARNED THIS TIP FROM A FELLOW CHRISTIAN TRADER.
ONCE I ACQUIRE THE NAME OF THE FORM I WILL SHARE IT FOR THOSE INTERESTED.
THEN I DECIDE WHICH BANK I WILL BEGIN EXCHANGING AT I WILL NEVER LET THE CURRENCY OUT OF MY LINE OF SIGHT.
NEXT I WILL ASK FOR 20 OR MORE ORIGINAL COPIES OF A LETTER THAT STATES THAT THE FUNDS I AM DEPOSITING ARE OF A GOOD SOURCE!! IE NOT DRUG MONEY LOL
ONCE I DEPOSIT THE FUNDS I WILL MOVE THOSE FUNDS WITHIN THE BANK TO A NEW ACCOUNT IMMEDIATELY.
I WANT TO MAKE SURE THAT THIS ACCOUNT IS NOT ALLOWED TO HAVE ONLINE ACCESS.
ANOTHER OPERATIONAL ACCOUNT CAN BE USED FOR ONLINE PURPOSES.
NEXT, I PLAN TO MOVE MOST OF MY WEALTH TO ASSET MANAGEMENT ACCOUNTS WITH BROKERAGE HOUSES LIKE: FIDELITY, ETRADE, AMERITRADE, SCHWABB, SCOTTRADE, ECT.
ALSO, I MAY USE THE PRIVATE BANK WITHIN A BANK SUCH AS A FIFTH THIRD PRIVATE BANK.
AS FAR AS DECISIONS ABOUT HOW I WILL MANAGE MY MONEY IT WON’T COME FROM WEALTH MANAGERS OR A FINANCIAL PLANNER AS MOST OF THEM WILL LIKELY HAVE LITTLE KNOWLEDGE OF THE NEW REALITY.
NEXT, AFTER REVIEWING TAX SCENARIOS I WILL DECIDE HOW MUCH I CAN GIVE BEYOND 10% TO REDUCE MY TAX BILL TO THE FEDERAL GOVT..
ONE WAY TO HELP REDUCE MY TAX BURDEN IS TO USE THE APPROPRIATE FORM OR FORMS TO LEGALLY GIVE THE NEWLY APPRECIATED CURRENCY TO A 501C3 LIKE A CHURCH ECT. PRIOR TO EXCHANGING IT.
THIS ALLOWS ME OR WHOEVER TO REDUCE THE TAX BILL BY THE APPRECIATED VALUE DOLLAR FOR DOLLAR OFF MY TAX BILL. I LEARNED THIS TIP FROM A FELLOW CHRISTIAN TRADER.
ONCE I ACQUIRE THE NAME OF THE FORM I WILL SHARE IT FOR THOSE INTERESTED.
THEN I DECIDE WHICH BANK I WILL BEGIN EXCHANGING AT I WILL NEVER LET THE CURRENCY OUT OF MY LINE OF SIGHT.
NEXT I WILL ASK FOR 20 OR MORE ORIGINAL COPIES OF A LETTER THAT STATES THAT THE FUNDS I AM DEPOSITING ARE OF A GOOD SOURCE!! IE NOT DRUG MONEY LOL
ONCE I DEPOSIT THE FUNDS I WILL MOVE THOSE FUNDS WITHIN THE BANK TO A NEW ACCOUNT IMMEDIATELY.
I WANT TO MAKE SURE THAT THIS ACCOUNT IS NOT ALLOWED TO HAVE ONLINE ACCESS.
ANOTHER OPERATIONAL ACCOUNT CAN BE USED FOR ONLINE PURPOSES.
NEXT, I PLAN TO MOVE MOST OF MY WEALTH TO ASSET MANAGEMENT ACCOUNTS WITH BROKERAGE HOUSES LIKE: FIDELITY, ETRADE, AMERITRADE, SCHWABB, SCOTTRADE, ECT.
ALSO, I MAY USE THE PRIVATE BANK WITHIN A BANK SUCH AS A FIFTH THIRD PRIVATE BANK.
AS FAR AS DECISIONS ABOUT HOW I WILL MANAGE MY MONEY IT WON’T COME FROM WEALTH MANAGERS OR A FINANCIAL PLANNER AS MOST OF THEM WILL LIKELY HAVE LITTLE KNOWLEDGE OF THE NEW REALITY.
NOW I WILL SHARE A IDEA THAT SOME FOLKS MAY WANT TO CHECK OUT IN FACT I MAY DO THIS WITH A PORTION OF MY OWN WEALTH.
QUALITY INSURANCE COMPANIES OFFER PRODUCTS THAT ARE CONTRACTS FOR WEALTH PRESERVATION.
A PERSON CAN INVEST INTO A PRODUCT THAT GUARANTEES A CERTAIN PERCENTAGE ON THE MONEY INVESTED WITH A GUARANTEE FOR YOUR PAYOUT NOT TO GO DOWN BUT COULD GO UP!
WHEN YOU PASS AWAY THE REMAINDER OF THE ASSET CAN BE GIVEN TO MY HEIRS. SOME OF THESE PRODUCTS CAN BE COMBINED WITH LIFE INSURANCE IF YOU WANT IT OR NOT!
LIFE INSURANCE RECEIVED IS NOT TAXABLE TO YOUR HEIRS!
JUST SOME MORE TO CHEW ON WHY WE WAIT FOR THE BLESSING! DOC
THE FOLLOWING IS IN NO WAY INTENDED TO GIVE ANY FINANCIAL ADVICE JUST FOR THINKING
QUALITY INSURANCE COMPANIES OFFER PRODUCTS THAT ARE CONTRACTS FOR WEALTH PRESERVATION.
A PERSON CAN INVEST INTO A PRODUCT THAT GUARANTEES A CERTAIN PERCENTAGE ON THE MONEY INVESTED WITH A GUARANTEE FOR YOUR PAYOUT NOT TO GO DOWN BUT COULD GO UP!
WHEN YOU PASS AWAY THE REMAINDER OF THE ASSET CAN BE GIVEN TO MY HEIRS. SOME OF THESE PRODUCTS CAN BE COMBINED WITH LIFE INSURANCE IF YOU WANT IT OR NOT!
LIFE INSURANCE RECEIVED IS NOT TAXABLE TO YOUR HEIRS!
JUST SOME MORE TO CHEW ON WHY WE WAIT FOR THE BLESSING! DOC
THE FOLLOWING IS IN NO WAY INTENDED TO GIVE ANY FINANCIAL ADVICE JUST FOR THINKING
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Thursday, October 23, 2014
Wednesday, October 22, 2014
Poofness for Oct 22nd: Mid-Week Report
POOFness for OCT 22: Mid-Week Report
HI ALL
I THANK THE ONES THAT HELP. YOU HAVE NO IDEA THE SERVICE YOU DO. MANY ARE HELPED BECAUSE OF YOUR HELP, AND THE WORK GOES ON.
SEVERAL THINGS OF NOTE. (MANY CAN NOT BE SAID YET)
INTENSE MEETINGS IN WASHINGTON AND BEIJING AND ZURICH HAVE RESULTED IN SOME SIGNIFICANT RESULTS.
TODAY MARKS THE FIRST DAY THAT THE BOND REDEMPTIONS ARE COMING ALIVE. IT IS ALMOST OFFICIAL NOW.
THE DINAR IS TO BE ON THE INTERNATIONAL SCREENS AND FULLY USABLE AND EXCHANGEABLE BY OCTOBER 26.
....
HI ALL
I THANK THE ONES THAT HELP. YOU HAVE NO IDEA THE SERVICE YOU DO. MANY ARE HELPED BECAUSE OF YOUR HELP, AND THE WORK GOES ON.
SEVERAL THINGS OF NOTE. (MANY CAN NOT BE SAID YET)
INTENSE MEETINGS IN WASHINGTON AND BEIJING AND ZURICH HAVE RESULTED IN SOME SIGNIFICANT RESULTS.
TODAY MARKS THE FIRST DAY THAT THE BOND REDEMPTIONS ARE COMING ALIVE. IT IS ALMOST OFFICIAL NOW.
THE DINAR IS TO BE ON THE INTERNATIONAL SCREENS AND FULLY USABLE AND EXCHANGEABLE BY OCTOBER 26.
....
THE NEW FINANCIAL SYSTEM IS JUST ABOUT READY TO BE REVEALED AND FUNCTIONAL, AND THE CHIEF PURPLE PIG HAS STATED “WE ARE READY TO THROW THE SWITCH”.
RUMORS OF GENERAL CARTER HAM REPLACING OBAMA ARE INTERESTING, BUT OBAMA REMAINS ON TV STILL. SO WHEN DOES HE ANNOUNCE THIS EVENT? THE SHADOW AIN’T SAYIN NUTHIN.
THE MAJOR ARRESTS SCHEDULED ARE STILL TO COME.
BANKSTERS HIDING MONEY AND MAKING IDIOTIC MISTAKES.
EVERY CABAL MEMBER LEFT IS STEALING AS MUCH AS POSSIBLE IN THESE END DAYS. ALSO MAKING IDIOTIC MISTAKES. MANY DESTINED FOR THE V8 PRODUCTION PLANT.
THE OTHER RUMORS ABOUND, AND REALLY THE BLOGS ARE HAVING A FIELD DAY WITH EXPERT TESTIMONY FROM PARSNIPS AND BEETS.
BE READY TO SEE A HUGE SHIFT BY THE END OF THIS MONTH AS THE WHOLE MACHINERY OF CHANGE LURCHES INTO HIGH GEAR. PIGS ON STANDBY.
I WILL HAVE A NEW DIAL A RUMOR SERVICE INSTALLED SHORTLY TO PAD THE ACCOUNTS SOME MORE. IT WILL AUGMENT OUR OLD DIAL A DINAR SERVICE WHICH IS SOON TO BE DEFUNCT.
IN LOVE AND LIGHT IN OUR SERVICE
ZAP
"BE GOOD, BE LEGAL, TELL TRUTH"
RUMORS OF GENERAL CARTER HAM REPLACING OBAMA ARE INTERESTING, BUT OBAMA REMAINS ON TV STILL. SO WHEN DOES HE ANNOUNCE THIS EVENT? THE SHADOW AIN’T SAYIN NUTHIN.
THE MAJOR ARRESTS SCHEDULED ARE STILL TO COME.
BANKSTERS HIDING MONEY AND MAKING IDIOTIC MISTAKES.
EVERY CABAL MEMBER LEFT IS STEALING AS MUCH AS POSSIBLE IN THESE END DAYS. ALSO MAKING IDIOTIC MISTAKES. MANY DESTINED FOR THE V8 PRODUCTION PLANT.
THE OTHER RUMORS ABOUND, AND REALLY THE BLOGS ARE HAVING A FIELD DAY WITH EXPERT TESTIMONY FROM PARSNIPS AND BEETS.
BE READY TO SEE A HUGE SHIFT BY THE END OF THIS MONTH AS THE WHOLE MACHINERY OF CHANGE LURCHES INTO HIGH GEAR. PIGS ON STANDBY.
I WILL HAVE A NEW DIAL A RUMOR SERVICE INSTALLED SHORTLY TO PAD THE ACCOUNTS SOME MORE. IT WILL AUGMENT OUR OLD DIAL A DINAR SERVICE WHICH IS SOON TO BE DEFUNCT.
IN LOVE AND LIGHT IN OUR SERVICE
ZAP
"BE GOOD, BE LEGAL, TELL TRUTH"
October 22, 2014
Copyright ZAP 2014
Donations are needed to keep the lights on and the news coming. Please go to Paypal.com...account to donate to is goneforthfornow@gmail.com , if you have a problem please contact us at 2goforth@safe-mail.net. Thank you and Blessings, Susan
Love and Kisses,
"THE OFFICE OF POOFNESS"
Copyright ZAP 2014
Donations are needed to keep the lights on and the news coming. Please go to Paypal.com...account to donate to is goneforthfornow@gmail.com , if you have a problem please contact us at 2goforth@safe-mail.net. Thank you and Blessings, Susan
Love and Kisses,
"THE OFFICE OF POOFNESS"
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Friday, October 17, 2014
Short Jester Chat Late Thursday Night
Jester’s Place:
[pollyp] Jester, are you taking questions tonight or would you like to hang out and relax?
[Jester] pollyp I AM JUST WATCHING... WHAT IS YOUR QUESTION...
[pollyp] Jester, I listened to an interview with Jim Willie and he said the TRNs were money printed by the same fed reserve and weren't asset backed. Could you comment on whether you agree or disagree with this statement?
[Jester] pollyp IF YOU HAVE A LINK I WOULD LIKE TO SEE IT... OTHERWISE I CAN ONLY GIVE YOU MY OPINION BASED ON WHAT I HAVE HEARD FROM MY SOURCES...
[Hoosier Girl] Well I like Your opinion Best Jester
....
[pollyp] Jester, are you taking questions tonight or would you like to hang out and relax?
[Jester] pollyp I AM JUST WATCHING... WHAT IS YOUR QUESTION...
[pollyp] Jester, I listened to an interview with Jim Willie and he said the TRNs were money printed by the same fed reserve and weren't asset backed. Could you comment on whether you agree or disagree with this statement?
[Jester] pollyp IF YOU HAVE A LINK I WOULD LIKE TO SEE IT... OTHERWISE I CAN ONLY GIVE YOU MY OPINION BASED ON WHAT I HAVE HEARD FROM MY SOURCES...
[Hoosier Girl] Well I like Your opinion Best Jester
....
[Jester] Hoosier Girl THE TRN'S ARE NOT PRINTED... NOT YET ANYWAY... TO START OUT THEY ARE DIGITAL... THERE IS NO WAY FOR A CURRENCY TO CHANGE IN REALITY UNTIL IT IS ANNOUNCED OR NO ONE WOULD BE ASSURED OF THE VALIDITY OF THEM... SO THAT WILL NOT HAPPEN UNTIL IT IS KNOWN TO EVERYONE...
[ModelWoman] Jester Is this good news that helps us any in getting closer to our gold? http://ift.tt/1Die3DG
[Jester] ModelWoman THAT IS ABOUT DARK POOL INVESTING... DO YOU KNOW WHAT THAT MEANS?
[ModelWoman] Jester being honest here....not really
[Jester] ModelWoman USUALLY TRADES OR INVESTMENTS BY HUGE INVESTORS OR BLOCKS THAT ARE NOT AVAILABLE TO THE PUBLIC BECAUSE OF THE SIZE...
[Jester] HOLD ON...
[Jester] DEFINITION OF 'DARK POOL LIQUIDITY' The trading volume created by institutional orders that are unavailable to the public. The bulk of dark pool liquidity is represented by block trades facilitated away from the central exchanges.
[Jester] SO I AM NOT SURPRISED THEY HAVE A DECREASE IN INTEREST... BUT I DO NOT THINK IT IS A SIGNAL OF ANYTHING..
[ModelWoman] Thanks jester.....just know there was talk about it months ago and didn't know how this was lining up
[Betsy Ross] Jester By the way I found this yesterday. China, Italy sign deals worth $10 bn
http://ift.tt/1Fbonze
[Jester] Betsy Ross YEP... I SAW IT TOO...
[Hannah] Betsy Ross That goes along nicely with the link we discussed a couple nights ago .... about how the Italian people are desperate to sell their businesses ... to the Chinese since they are the only ones with the money
[Jester] Betsy Ross THE OTHER ONE I LIKED WAS MODI MAKING TIME WITH AUSTRALIA... HAHAHAHA
[Jester] Betsy Ross AND YOU CAN REST ASSURED I CHECK THEE BRICS POST EVERY DAY... I HAVE TAUGHT YOU GUYS THAT ONE...
[Betsy Ross] Jester yes I learned it from you and that Russian news site also.
[Jester] WHEN YOU SEE ALL THAT ON THOSE EXTERNAL SITES.. AND YOU DO NOT SEE MUCH... IF ANY OF IT... ON THE MEDIA HERE... WHO IS THE SHEEPLE?
[ModelWoman] Jester Is this good news that helps us any in getting closer to our gold? http://ift.tt/1Die3DG
[Jester] ModelWoman THAT IS ABOUT DARK POOL INVESTING... DO YOU KNOW WHAT THAT MEANS?
[ModelWoman] Jester being honest here....not really
[Jester] ModelWoman USUALLY TRADES OR INVESTMENTS BY HUGE INVESTORS OR BLOCKS THAT ARE NOT AVAILABLE TO THE PUBLIC BECAUSE OF THE SIZE...
[Jester] HOLD ON...
[Jester] DEFINITION OF 'DARK POOL LIQUIDITY' The trading volume created by institutional orders that are unavailable to the public. The bulk of dark pool liquidity is represented by block trades facilitated away from the central exchanges.
[Jester] SO I AM NOT SURPRISED THEY HAVE A DECREASE IN INTEREST... BUT I DO NOT THINK IT IS A SIGNAL OF ANYTHING..
[ModelWoman] Thanks jester.....just know there was talk about it months ago and didn't know how this was lining up
[Betsy Ross] Jester By the way I found this yesterday. China, Italy sign deals worth $10 bn
http://ift.tt/1Fbonze
[Jester] Betsy Ross YEP... I SAW IT TOO...
[Hannah] Betsy Ross That goes along nicely with the link we discussed a couple nights ago .... about how the Italian people are desperate to sell their businesses ... to the Chinese since they are the only ones with the money
[Jester] Betsy Ross THE OTHER ONE I LIKED WAS MODI MAKING TIME WITH AUSTRALIA... HAHAHAHA
[Jester] Betsy Ross AND YOU CAN REST ASSURED I CHECK THEE BRICS POST EVERY DAY... I HAVE TAUGHT YOU GUYS THAT ONE...
[Betsy Ross] Jester yes I learned it from you and that Russian news site also.
[Jester] WHEN YOU SEE ALL THAT ON THOSE EXTERNAL SITES.. AND YOU DO NOT SEE MUCH... IF ANY OF IT... ON THE MEDIA HERE... WHO IS THE SHEEPLE?
[lulu] Also Jim willie he is no holds barred! He did a lengthy interview on caravan to Midnight with art Bell he does not mince words
[Jester] lulu YEP... THAT IS WHY HE HIDES OUT... HAHAHAHA
[lulu] Jester I found one on brics Russia is limiting the amount of foreign investment in media
[Jester] lulu YEP... THAT WAS ONE FROM LAST WEEK...
[Jester] ONLY 20% CAN BE FOREIGN INVESTORS...
[lulu] Yes jester 20% sarcastically I wonder why?
[Vigilance] Thanks Jester - God bless you all and God bless America!
[Jester] GOODNIGHT ALL...SEE YOU TOMORROW...SEEYALATERBYE...
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Thursday, October 16, 2014
Exogen: "Special Tribute to One of our S3A Members No Longer With Us"
A SPECIAL TRUBUTE TO ONE OF THE S3A FAMILY MEMBERS WHO IS NO LONGER WITH US..............(ZUVRICK RAY)
Posted by EXOGEN on October 16, 2014
"One Sweet Day"
Sorry I never told you
All I wanted to say
And now it's too late to hold you
'Cause you've flown away
So far away
....
Posted by EXOGEN on October 16, 2014
"One Sweet Day"
Sorry I never told you
All I wanted to say
And now it's too late to hold you
'Cause you've flown away
So far away
....
Never had I imagined
Living without your smile
Feeling and knowing you hear me
It keeps me alive
Alive
[Chorus:]
And I know you're shining down on me from heaven
Like so many friends we've lost along the way
And I know eventually we'll be together
One sweet day
Darling I never showed you
Assumed you'd always be there
I took your presence for granted
But I always cared
And I miss the love we shared
[Chorus]
Although the sun will never shine the same again
I'll always look to a brighter day
Lord I know when I lay me down to sleep
You will always listen as I pray
[Chorus]
Sorry I never told you
All I wanted to say
Living without your smile
Feeling and knowing you hear me
It keeps me alive
Alive
[Chorus:]
And I know you're shining down on me from heaven
Like so many friends we've lost along the way
And I know eventually we'll be together
One sweet day
Darling I never showed you
Assumed you'd always be there
I took your presence for granted
But I always cared
And I miss the love we shared
[Chorus]
Although the sun will never shine the same again
I'll always look to a brighter day
Lord I know when I lay me down to sleep
You will always listen as I pray
[Chorus]
Sorry I never told you
All I wanted to say
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Monday, October 13, 2014
The Guide To Emerging Markets Acronyms
Beyond the BRICs: the guide to every emerging market acronym
Since Goldman Sachs invented "BRICs" in 2001, the number of catchy categories for emerging market economies has exploded. But what do they all mean?
By Peter Spence, and Dan Palmer, Mark Oliver5:48PM BST 13 Oct 2014
In an attempt to understand emerging markets, many analysts and investors have sought to club countries together.
Shared characteristics, rather than shared geographies, have been used to match up different economies, with varying degrees of success.
It’s a phenomenon for which Jim O’Neill, then head of global economic research at Goldman Sachs, can take equal parts credit and blame.
....
Since Goldman Sachs invented "BRICs" in 2001, the number of catchy categories for emerging market economies has exploded. But what do they all mean?
By Peter Spence, and Dan Palmer, Mark Oliver5:48PM BST 13 Oct 2014
In an attempt to understand emerging markets, many analysts and investors have sought to club countries together.
Shared characteristics, rather than shared geographies, have been used to match up different economies, with varying degrees of success.
It’s a phenomenon for which Jim O’Neill, then head of global economic research at Goldman Sachs, can take equal parts credit and blame.
....
He established the first popular classification of emerging markets in a 2001 research note - Building Better Global Economic BRICs.
Mr O’Neill grouped together Brazil, Russia, India, and China. Since then, the practice has taken off. Analysts keen to demonstrate the similarities between many modern economies have thrown around many different acronyms and monikers.
The original acronym became an association, and in 2011, the club expanded. It now includes South Africa, and the acronym was extended with an additional capital letter, to become BRICS.
Putting these all together leaves a picture that is somewhat of a mess. But the practice is not “as moronic as it seems”, said Paul McNamara, an investment director at GAM. There are certain things about globalisation that warrant categorisation, and while “you lose nuance, you get the point across” by creating these groups.
It’s certainly true that the Fragile Five did group those nations most vulnerable to adjustments in Federal Reserve policy, for example. But often, the categories can end up obscuring important differences.
Gemma Godfrey, head of investment strategy at Brooks Macdonald Asset Management, said that “these acronyms are for ease of reference only, but in terms of understanding, they can do more harm than good”.
“They are too blunt a tool and can sometimes group countries by the most superficial of reasons, glossing over deeper differences that are much bigger drivers of their future outlook," she added.
In the case of the BRICS, Jeremy Lawson, chief economist at Standard Life Investments, pointed out that Russia and India have almost nothing in common. India is much poorer in per capita terms, while having a much more advanced democracy.
Yet there remains a “desire to have these taxonomies, to help simplify the world”, Mr Lawson said. Yet when we're too eager to classify, we can miss out on the subtleties that make investing difficult.
BRICs
Which countries: Brazil, Russia, India, China
Who invented it: Jim O’Neill, Goldman Sachs
What does it tell us: These were supposed to be the big emerging economies at the turn of the century.
BRICS
Which countries: Brazil, Russia, India, China, South Africa
Who invented it: Unlike other acronyms, the BRICS is an actual club of countries.
What does it tell us: Not much, apparently. “For South Africa to be treated as part of Bric doesn't make any sense to me," said Jim O'Neill in December 2010.
MIST
Which countries: Mexico, Indonesia, South Korea, Turkey
Who invented it: Jim O’Neill, Goldman Sachs
What does it tell us: These are the next tier of large emerging economies, to follow the BRICs.
MINT
Which countries: Mexico, Indonesia, Nigeria, Turkey
Who invented it: Jim O’Neill, Goldman Sachs
What does it tell us: This was the next iteration of the MIST acronym, changed after BBC staff convinced Mr O'Neill that Nigeria was a more fitting member.
Next 11
Which countries: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, Vietnam
Who invented it: Jim O'Neill, Goldman Sachs
What does it tell us: Identified as all having the potential to become among the world's largest economies this century.
Fragile Five/BIITS
Which countries: Brazil, Indonesia, India, Turkey, South Africa
Who invented it: James Lord, Morgan Stanley
What does it tell us: Captured the global economies most vulnerable as the Federal Reserve began to tighten monetary policy. All five members run large current account deficits.
EAGLEs
Which countries: Brazil, China, Egypt, India, Indonesia, South Korea, Mexico, Russia, Taiwan, and Turkey
Who invented it: BBVA
What does it tell us: Stands for "Emerging And Growth Leading Economies". The members of this group are updated frequently.
Mr O’Neill grouped together Brazil, Russia, India, and China. Since then, the practice has taken off. Analysts keen to demonstrate the similarities between many modern economies have thrown around many different acronyms and monikers.
The original acronym became an association, and in 2011, the club expanded. It now includes South Africa, and the acronym was extended with an additional capital letter, to become BRICS.
Putting these all together leaves a picture that is somewhat of a mess. But the practice is not “as moronic as it seems”, said Paul McNamara, an investment director at GAM. There are certain things about globalisation that warrant categorisation, and while “you lose nuance, you get the point across” by creating these groups.
It’s certainly true that the Fragile Five did group those nations most vulnerable to adjustments in Federal Reserve policy, for example. But often, the categories can end up obscuring important differences.
Gemma Godfrey, head of investment strategy at Brooks Macdonald Asset Management, said that “these acronyms are for ease of reference only, but in terms of understanding, they can do more harm than good”.
“They are too blunt a tool and can sometimes group countries by the most superficial of reasons, glossing over deeper differences that are much bigger drivers of their future outlook," she added.
In the case of the BRICS, Jeremy Lawson, chief economist at Standard Life Investments, pointed out that Russia and India have almost nothing in common. India is much poorer in per capita terms, while having a much more advanced democracy.
Yet there remains a “desire to have these taxonomies, to help simplify the world”, Mr Lawson said. Yet when we're too eager to classify, we can miss out on the subtleties that make investing difficult.
BRICs
Which countries: Brazil, Russia, India, China
Who invented it: Jim O’Neill, Goldman Sachs
What does it tell us: These were supposed to be the big emerging economies at the turn of the century.
BRICS
Which countries: Brazil, Russia, India, China, South Africa
Who invented it: Unlike other acronyms, the BRICS is an actual club of countries.
What does it tell us: Not much, apparently. “For South Africa to be treated as part of Bric doesn't make any sense to me," said Jim O'Neill in December 2010.
MIST
Which countries: Mexico, Indonesia, South Korea, Turkey
Who invented it: Jim O’Neill, Goldman Sachs
What does it tell us: These are the next tier of large emerging economies, to follow the BRICs.
MINT
Which countries: Mexico, Indonesia, Nigeria, Turkey
Who invented it: Jim O’Neill, Goldman Sachs
What does it tell us: This was the next iteration of the MIST acronym, changed after BBC staff convinced Mr O'Neill that Nigeria was a more fitting member.
Next 11
Which countries: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, Vietnam
Who invented it: Jim O'Neill, Goldman Sachs
What does it tell us: Identified as all having the potential to become among the world's largest economies this century.
Fragile Five/BIITS
Which countries: Brazil, Indonesia, India, Turkey, South Africa
Who invented it: James Lord, Morgan Stanley
What does it tell us: Captured the global economies most vulnerable as the Federal Reserve began to tighten monetary policy. All five members run large current account deficits.
EAGLEs
Which countries: Brazil, China, Egypt, India, Indonesia, South Korea, Mexico, Russia, Taiwan, and Turkey
Who invented it: BBVA
What does it tell us: Stands for "Emerging And Growth Leading Economies". The members of this group are updated frequently.
PIIGS
Which countries: Portugal, Italy, Ireland, Greece, Spain
Who invented it: Unknown. Barclays Capital analysts were banned from using the term in 2010.
What does it tell us: Does not refer to emerging market economies, but to what were the eurozone's weakest and most debt-laden economies at the height of the currency bloc's crisis.
CIVETS
Which countries: Colombia, Indonesia, Vietnam, Egypt, Turkey, South Africa
Who invented it: Michael Geoghegan, HSBC
What does it tell us: This category was supposed to include the countries that would drive growth from 2010 to 2020.
SANE
Which countries: South Africa, Algeria, Nigeria, Egypt
Who invented it: Unknown
What does it tell us: What were considered the African continent's most likely growth powerhouses.
TIMPs
Which countries: Turkey, Indonesia, Mexico, Phillippines
Who invented it: Turner Investments
What does it tell us: Another contender to be the next BRICs.
STUCK
Which countries: South Africa, Turkey, Ukraine, Colombia, UK
Who invented it: Prime Economics
What does it tell us: These countries had the world's five largest current account deficits in 2013, making them vulnerable to external shocks.
http://ift.tt/1sCKwlZ
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Saturday, October 11, 2014
U.S and UK to Test Big Bank Collapse in Joint Model Run
Reuters: U.S. and UK to test big bank collapse in joint model run
BY RANDALL PALMER AND DOUWE MIEDEMA
WASHINGTON Fri Oct 10, 2014 6:00pm EDT
Oct 10 (Reuters) - Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.
Treasury Secretary Jack Lew and the UK's Chancellor of the Exchequer, George Osborne, on Monday will run a joint exercise simulating how they would prop up a large bank with operations in both countries that has landed in trouble.
....
BY RANDALL PALMER AND DOUWE MIEDEMA
WASHINGTON Fri Oct 10, 2014 6:00pm EDT
Oct 10 (Reuters) - Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.
Treasury Secretary Jack Lew and the UK's Chancellor of the Exchequer, George Osborne, on Monday will run a joint exercise simulating how they would prop up a large bank with operations in both countries that has landed in trouble.
....
Also taking part are Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney, and the heads of a large number of other regulators, in a meeting hosted by the U.S. Federal Deposit Insurance Corporation.
"We are going to make sure that we can handle an institution that previously would have been regarded as too big to fail.
We're confident that we now have choices that did not exist in the past," Osborne said at the International Monetary Fund's annual meeting.
Six years after the financial crisis, politicians and regulators around the globe are keen to prove they have created rules that will allow them to let a large bank go under without spending billions in taxpayer dollars.
"We are going to make sure that we can handle an institution that previously would have been regarded as too big to fail.
We're confident that we now have choices that did not exist in the past," Osborne said at the International Monetary Fund's annual meeting.
Six years after the financial crisis, politicians and regulators around the globe are keen to prove they have created rules that will allow them to let a large bank go under without spending billions in taxpayer dollars.
They have forced banks to ramp up equity and debt capital buffers to protect taxpayers against losses, and have told them to write plans that lay out how they can go through ordinarybankruptcy. The plans are so-called living wills.
Yet salvaging a bank with operations in several countries - which is the norm for most of the world's largest banks such as Deutsche Bank, Citigroup Inc and JPMorgan - has proven to be a particularly thorny issue.
Because the failure of a big bank is such a rare event, regulators may not be used to talking to each other. There have also been suspicions that supervisors would first look to save the domestic operations of a bank, and would worry less about units abroad.
The exercise comes as regulators are about to bring to fruition further initiatives to make banking safer.
The first would force banks to have more long-term bonds that investors know can lose their value during a crisis, on top of their equity capital, to double their so-called Total Loss-Absorbing Capacity (TLAC).
A second measure, expected to be announced this weekend, will force through a change in derivative contracts, which in their current form protect investors, and complicate the winding down of a bank across borders. (Editing by Matthew Lewis)
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Friday, October 10, 2014
Thursday, October 9, 2014
Wednesday, October 8, 2014
Poofness for Oct 8th: Mid-Week Report
POOFness for OCT 8: Mid-Week Report
HI ALL
MANY MANY SQUADRONS OF PURPLE PIGS HAVE BEEN SENT OUT ON SECRET MISSIONS THESE LAST DAYS.
REPORTS ARE IN. THE WORLD POWERS HAVE AGREED TO MOVE FORWARD. THEY DO NOT WANT TO BE OCCUPIED BY PIGS.
THE RV IS AGAIN IN SHARP FOCUS. I HAD A LONG TALK WITH SNUFFLES AFTER HE GOT BACK FROM CHINA, AND HE CONFIRMED THE ELDERS ARE QUITE PLEASED THAT THE CABAL, USA, WORLD BANK, IMF, COUNTRIES ETC HAVE ALL SIGNED OFF ON THE EVENTS THAT WILL TRANSPIRE NOW.
THE TRN IS FIRST AND FOREMOST ON THE LIST. YOU SHOULD BE ABLE TO GO TO THE BANK TOMORROW AND GET CHANGE BACK IN TRN.
....
HI ALL
MANY MANY SQUADRONS OF PURPLE PIGS HAVE BEEN SENT OUT ON SECRET MISSIONS THESE LAST DAYS.
REPORTS ARE IN. THE WORLD POWERS HAVE AGREED TO MOVE FORWARD. THEY DO NOT WANT TO BE OCCUPIED BY PIGS.
THE RV IS AGAIN IN SHARP FOCUS. I HAD A LONG TALK WITH SNUFFLES AFTER HE GOT BACK FROM CHINA, AND HE CONFIRMED THE ELDERS ARE QUITE PLEASED THAT THE CABAL, USA, WORLD BANK, IMF, COUNTRIES ETC HAVE ALL SIGNED OFF ON THE EVENTS THAT WILL TRANSPIRE NOW.
THE TRN IS FIRST AND FOREMOST ON THE LIST. YOU SHOULD BE ABLE TO GO TO THE BANK TOMORROW AND GET CHANGE BACK IN TRN.
....
THE RENO TREATY GROUPS ARE TO BE DONE BY TOMORROW MORNING.
THE PRIVATE PLACEMENT GROUPS ARE BEING PREPARED FOR CASHOUT. I HAVE BEEN REQUESTED BY ONE OF THESE TO PREPARE FOR RECEIPT OF RETURNS, SO THAT FITS.
OBAMA WAS LITERALLY FORCED TO BEND AND SIGN OFF ON ALL OF THIS, AND HE DID NOT WANT TO. OH WELL. HE FOUND OUT YOU CAN NOT ARGUE WITH SNUFFLES. THE VIDEOS AND EVIDENCE WAS GOING TO BE RELEASED AGAINST HIM GLOBALLY, SO HE DECIDED TO PLAY BALL INSTEAD.
THE DRAGON FACTIONS OF THE FAMILY HAD ENOUGH OF THE LIES AND UNENDING DELAYS THAT ONLY SERVED THE CABAL, AND PUT A STOP TO IT ONCE AND FOR ALL.
IT IS SAD WHEN A LEADER HAS RAPED AND PILLAGED AND STEPS LIKE THESE HAVE TO BE TAKEN TO GET SOMETHING DONE FOR THE COMMON GOOD, INSTEAD OF THE LEADER TAKING SUCH INITIATIVE.
TOO MANY HAVE DIED BECAUSE OF THIS LACK OF RELIEF. I HAVE JUST EXPERIENCED ANOTHER GOOD FRIEND DYING WHEN THERE WAS A GOOD CHANCE OF SAVING HER IF THERE WAS EVEN A SMALL BIT OF MONEY.
I AM NOT HAPPY. HER DEATH IS JUST ONE OF MILLIONS THAT HAVE HAPPENED WITHOUT GOOD REASON. WHAT ASTOUNDS ME IS NOBODY CARED ENOUGH TO LEND A HELPING HAND, DESPITE PROMISES.
“OLDEST MAY BE COLDEST TOO” – I REMEMBER THIS LINE FROM SOMETHING I WROTE OVER 30 YEARS AGO. THEY USUALLY QUOTE SCRIPTURE OR PROFESS SOME OTHER PLAUSIBLE REASON TO PROVE “IT DOES NOT MATTER”. VERY SAD.
SO, WE ARE ABOUT TO ENTER PEACE AND PROSPERITY DESPITE ALL THE NEGATIVITY WE HAVE EXPERIENCED THUS FAR.
THE BANKSTERS THAT ARE INVOLVED IN THESE RAPES AND PILLAGES WILL GET THEIR COMEUPPANCE, AND HUMANITY WILL BREATHE…OR AT LEAST BEGIN TO.
WITH REGARD TO THE FEDERATION. ALL OF WHAT IS TRANSPIRING HAS PUT A SMILE ON THEIR FACES, AND SOON ENOUGH WE SHALL HAVE THE LONG AWAITED DISCLOSURE AND MEET AND GREET OUR BROTHERS AND SISTERS FROM UPSTAIRS.
THE PRIVATE PLACEMENT GROUPS ARE BEING PREPARED FOR CASHOUT. I HAVE BEEN REQUESTED BY ONE OF THESE TO PREPARE FOR RECEIPT OF RETURNS, SO THAT FITS.
OBAMA WAS LITERALLY FORCED TO BEND AND SIGN OFF ON ALL OF THIS, AND HE DID NOT WANT TO. OH WELL. HE FOUND OUT YOU CAN NOT ARGUE WITH SNUFFLES. THE VIDEOS AND EVIDENCE WAS GOING TO BE RELEASED AGAINST HIM GLOBALLY, SO HE DECIDED TO PLAY BALL INSTEAD.
THE DRAGON FACTIONS OF THE FAMILY HAD ENOUGH OF THE LIES AND UNENDING DELAYS THAT ONLY SERVED THE CABAL, AND PUT A STOP TO IT ONCE AND FOR ALL.
IT IS SAD WHEN A LEADER HAS RAPED AND PILLAGED AND STEPS LIKE THESE HAVE TO BE TAKEN TO GET SOMETHING DONE FOR THE COMMON GOOD, INSTEAD OF THE LEADER TAKING SUCH INITIATIVE.
TOO MANY HAVE DIED BECAUSE OF THIS LACK OF RELIEF. I HAVE JUST EXPERIENCED ANOTHER GOOD FRIEND DYING WHEN THERE WAS A GOOD CHANCE OF SAVING HER IF THERE WAS EVEN A SMALL BIT OF MONEY.
I AM NOT HAPPY. HER DEATH IS JUST ONE OF MILLIONS THAT HAVE HAPPENED WITHOUT GOOD REASON. WHAT ASTOUNDS ME IS NOBODY CARED ENOUGH TO LEND A HELPING HAND, DESPITE PROMISES.
“OLDEST MAY BE COLDEST TOO” – I REMEMBER THIS LINE FROM SOMETHING I WROTE OVER 30 YEARS AGO. THEY USUALLY QUOTE SCRIPTURE OR PROFESS SOME OTHER PLAUSIBLE REASON TO PROVE “IT DOES NOT MATTER”. VERY SAD.
SO, WE ARE ABOUT TO ENTER PEACE AND PROSPERITY DESPITE ALL THE NEGATIVITY WE HAVE EXPERIENCED THUS FAR.
THE BANKSTERS THAT ARE INVOLVED IN THESE RAPES AND PILLAGES WILL GET THEIR COMEUPPANCE, AND HUMANITY WILL BREATHE…OR AT LEAST BEGIN TO.
WITH REGARD TO THE FEDERATION. ALL OF WHAT IS TRANSPIRING HAS PUT A SMILE ON THEIR FACES, AND SOON ENOUGH WE SHALL HAVE THE LONG AWAITED DISCLOSURE AND MEET AND GREET OUR BROTHERS AND SISTERS FROM UPSTAIRS.
THIS WILL HAVE A TREMENDOUS EFFECT ON THE WAY WE VIEW OURSELVES OF COURSE, AND THE RELEASE OF IMPORTANT TECHNOLOGIES FOR THE BENEFIT OF OUR HUMANITY WILL BE VERY EVIDENT.
A CRITICAL ITEM RIGHT NOW IS THE DISCOVERY OF THE TOMB OF ALEXANDER. A GOOD FRIEND AND BROTHER WAS ONE OF THE DISCOVERERS. INSIDE THE TOMB ARE THE USUAL TRINKETS (GOLD STATUES, COINS, GEMS, ETC) AND MOST IMPORTANTLY, BOOKS, TECHNOLOGIES, AND VAST SECRET KNOWLEDGE MEANT FOR HUMANITY.
THE ORGANIZATION IS WORKING CLOSELY WITH THESE FOLKS IN ENSURING THAT THIS DISCOVERY REMAINS INTACT, INSTEAD OF GETTING RAPED AND PILLAGED BY THOSE IN POWER.
I WAS TOLD THAT A MINI CITY WILL BE BUILT THERE FOR THE PURPOSE OF STUDY OF THIS IMPORTANT FIND.
INSIDE THE TOMB, THERE ARE WEIRD TECHNOLOGIES LIKE THE ROCK WALL BEHIND WHICH THE SARCOPHAGUS OF ALEXANDER RESIDES, AND OTHERS. IT REMAINS A ROCK WALL UNTIL IT IS ACTIVATED. THE TOMB MUST NOT BE PILLAGED. IT MUST BE STUDIED.
I WAS GOING TO INVITE A FEW THAT I HAVE COME TO KNOW TO JOIN IN THIS EFFORT, BUT SADLY, SOME OF THESE HAVE TURNED OUT TO BE INAPPROPRIATE FOR THIS TASK.
THE OTHERS I HAVE ASKED HAVE STEPPED UP, AND HAVE WILLINGLY PLEDGED THEMSELVES IN THIS NEW MISSION FOR THE BENEFIT OF OUR HUMANITY. GOD BLESS THEM.
SO GET READY FOR SOME MAJOR CHANGES AS WE BEGIN THIS NEXT PHASE NOW.
IN LOVE AND LIGHT IN OUR SERVICE
ZAP
"GOD IS ; I AM; WE ARE"
"BE GOOD, BE LEGAL, TELL TRUTH"
DONATIONS TO CONTINUE ARE NEEDED, THANK YOU FOR HELP. Please go to Paypal. com account is: goneforthfornow@gmail.com
Love and Kisses,
Susan and Staff
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Tuesday, October 7, 2014
Jester and Diddykong Late Mon.PM: "Read The News-It's All There" Part 2
[Jester] AND HERE IS THE KICKER...
[Jester] This deal was negotiated, not enforced.
[DiddyKong] Jester lol
[Jester] Granted, the EaEU is not exactly a beacon of democracy. Neither is the EU. The EU is democratic only in that it united already performing democracies. By and of itself, the EU is not democratic, its parliament has no power, the European Commission is not an elected body and the EU is forcing member state governments, left and right, to the same neoliberal austerity programs, against the will of its own population.
The EU did not eliminate elections; it made them irrelevant, without any impact on real policy.
[Jester] YIKES!
....
[Jester] This deal was negotiated, not enforced.
[DiddyKong] Jester lol
[Jester] Granted, the EaEU is not exactly a beacon of democracy. Neither is the EU. The EU is democratic only in that it united already performing democracies. By and of itself, the EU is not democratic, its parliament has no power, the European Commission is not an elected body and the EU is forcing member state governments, left and right, to the same neoliberal austerity programs, against the will of its own population.
The EU did not eliminate elections; it made them irrelevant, without any impact on real policy.
[Jester] YIKES!
....
[Jester] Besides, things need to be put in perspective: if successful, the EaEU would unite up to 217 million people. Put that next to the 506 million citizens of the EU, with a far superior GNP per capita. Since its founding year 1957, the EU expanded from 6 to 27 member states. Five of these states are former East Bloc and Warsaw Pact members; three others are former Soviet Republics. Russia coming up with ‘an answer’ to the EU is hardly expansionism, it is common sense.
[SoldierofChrist] Jester lol
[Jester] Meanwhile, it is too soon to establish the true potential of the recent multi billion dollar gas deal with China. Deals like this are made for a complex set of reasons, economic profit being an important one, but other geopolitical motives are always at play. This deal with China is among other things an answer to the Ukrainian crisis, to the strained relations with the EU and to foreseeable future problems with gas deliveries to the EU. Russia will use this deal as a bargaining chip. This strategy is no different from the way the EU and the US have negotiated similar deals all around the world.
[Jester] Did attempts to isolate Putin and economic sanctions work? Like the first question of this article, this is a leading question. If you take ‘isolation’ strictly in its ideological sense as ‘isolation by the western powers’, it’s not coherent. If you take ‘isolation’ in its dictionary meaning, it is pure nonsense. Russia is hardly isolated by the real world. The rest of the world outside the EU and the US begs to differ on the matter and differ they do. The next BRICS-summit in July will be an occasion for Russia to defend its position on the Ukrainian problem and forge new economic ties with likeminded allies.
[Jester] The EaEU is among many other things an answer to the EU, a perfectly legitimate one. The EU and the US may not like it, that is their right, but the days in which everything in the world was their ‘business’ are over. Will the EaEu succeed? Hard to tell, it does have potential.
[Jester] HERE IS THE ARTICLE...
http://ift.tt/1vNLTMg
[Jester] SO I HAVE A COUPLE MORE... ANYONE LIKE TO STAY A BIT OR SHOULD WE DO THE REST TOMORROW?
[lulu] And they weren't meeting in secret either
[SoldierofChrist] Jester epic
[pokerbrat] Jester they are sick of us. Shoot. I'm sick of us
[Hannah] Let's stay
[Jester] OK... GIVE ME A SECOND TO RESET...
[DiddyKong] Jester I have one thing to say... well more of an idea.... wait for an Eastern form of NATO
[SoldierofChrist] Jester the suspense wont let me wait til tomorrow lol
[MotoXR] CL interveiw Q: The IMF approved a 17 billion Us dollar loan program to Ukraine. This was eight times as high as its quota; do you consider that as a bad loan? Some reports say that this loan demonstrates the degree to which the IMF is an arm of the US, what is your comment?
[MotoXR] So yes, Ukraine has received IMF support of about 17 billion US dollars, which is 8 times its quota—that is its share in the IMF’s capital. But other countries have had similar exceptional financing levels. For instance, Jordan’s 2.1 billion US dollar loan also represents 8 times its quota.
[Jester] OK... WE ARE IN OVERTIME... HAHAHAHAH
[MotoXR] Jester good stuff Thank you
[Jester] NOW... WE ALL KNEW CHINA WAS ON THE RUSSIAN SIDE... BUT HERE IS SOME GOOD INFO...
[Jester] China, Russia to sign 30 agreements during annual meet
[Jester] Russia and China will ink more than 30 agreements on energy, finance and high-speed rail cooperation during the annual Russia-China Prime Ministers summit to be held on 13 October, China’s Foreign Ministry spokesperson announced on Saturday.
[Jester] The two states’ premiers will also hold a meeting at the international forum Open Innovations on 14 October, said Chinese Foreign Ministry spokesman Hong Lei in Beijing. Russia has been attempting to shrug off its dependence on European energy markets and instead adopt a “look-east” policy towards China and India.
[Jester] INDIA? HMMM... INTERESTING..
[SoldierofChrist] Jester very interesting
[SoldierofChrist] Jester lol
[Jester] Meanwhile, it is too soon to establish the true potential of the recent multi billion dollar gas deal with China. Deals like this are made for a complex set of reasons, economic profit being an important one, but other geopolitical motives are always at play. This deal with China is among other things an answer to the Ukrainian crisis, to the strained relations with the EU and to foreseeable future problems with gas deliveries to the EU. Russia will use this deal as a bargaining chip. This strategy is no different from the way the EU and the US have negotiated similar deals all around the world.
[Jester] Did attempts to isolate Putin and economic sanctions work? Like the first question of this article, this is a leading question. If you take ‘isolation’ strictly in its ideological sense as ‘isolation by the western powers’, it’s not coherent. If you take ‘isolation’ in its dictionary meaning, it is pure nonsense. Russia is hardly isolated by the real world. The rest of the world outside the EU and the US begs to differ on the matter and differ they do. The next BRICS-summit in July will be an occasion for Russia to defend its position on the Ukrainian problem and forge new economic ties with likeminded allies.
[Jester] The EaEU is among many other things an answer to the EU, a perfectly legitimate one. The EU and the US may not like it, that is their right, but the days in which everything in the world was their ‘business’ are over. Will the EaEu succeed? Hard to tell, it does have potential.
[Jester] HERE IS THE ARTICLE...
http://ift.tt/1vNLTMg
[Jester] SO I HAVE A COUPLE MORE... ANYONE LIKE TO STAY A BIT OR SHOULD WE DO THE REST TOMORROW?
[lulu] And they weren't meeting in secret either
[SoldierofChrist] Jester epic
[pokerbrat] Jester they are sick of us. Shoot. I'm sick of us
[Hannah] Let's stay
[Jester] OK... GIVE ME A SECOND TO RESET...
[DiddyKong] Jester I have one thing to say... well more of an idea.... wait for an Eastern form of NATO
[SoldierofChrist] Jester the suspense wont let me wait til tomorrow lol
[MotoXR] CL interveiw Q: The IMF approved a 17 billion Us dollar loan program to Ukraine. This was eight times as high as its quota; do you consider that as a bad loan? Some reports say that this loan demonstrates the degree to which the IMF is an arm of the US, what is your comment?
[MotoXR] So yes, Ukraine has received IMF support of about 17 billion US dollars, which is 8 times its quota—that is its share in the IMF’s capital. But other countries have had similar exceptional financing levels. For instance, Jordan’s 2.1 billion US dollar loan also represents 8 times its quota.
[Jester] OK... WE ARE IN OVERTIME... HAHAHAHAH
[MotoXR] Jester good stuff Thank you
[Jester] NOW... WE ALL KNEW CHINA WAS ON THE RUSSIAN SIDE... BUT HERE IS SOME GOOD INFO...
[Jester] China, Russia to sign 30 agreements during annual meet
[Jester] Russia and China will ink more than 30 agreements on energy, finance and high-speed rail cooperation during the annual Russia-China Prime Ministers summit to be held on 13 October, China’s Foreign Ministry spokesperson announced on Saturday.
[Jester] The two states’ premiers will also hold a meeting at the international forum Open Innovations on 14 October, said Chinese Foreign Ministry spokesman Hong Lei in Beijing. Russia has been attempting to shrug off its dependence on European energy markets and instead adopt a “look-east” policy towards China and India.
[Jester] INDIA? HMMM... INTERESTING..
[SoldierofChrist] Jester very interesting
[Jester] Chinese Premier Li Keqiang and Vice Premier Wang Yang will head for Russia for the 19th annual meet to hold talks with their Russian counterparts Dmitry Medvedev and Dmitry Rogozin.
[Jester] The Prime Ministers summit this year follows successful meetings between President Xi Jinping and his Russian counterpart Vladimir Putin where the two leaders have overseen enormous Sino-Russian joint ventures, including a landmark $400 billion gas deal in Shanghai after a decade-long gas supply talks between the two countries.
[Jester] Russia also plans to sign a new 30-year gas supply contract with China via the western route, Russian energy giant Gazprom’s CEO Alexei Miller told President Vladimir Putin last month.
[Jester] YOU DON'T THINK THESE GUYS ARE SERIOUS... THAT SOUNDS PRETTY SERIOUS TO ME...
[Jester] As the US and EU step up pressure on Moscow with a new round of sanctions, Russia is seeking to strengthen ties with allies in the region, predominantly China.
[SoldierofChrist] Jester If there is something I have learned in this process is that they dont play around
[Jester] Putin and Xi also met last month during a Shanghai Cooperation Organisation (SCO) Council of Heads of State meet in Dushanbe, Tajikistan, where Putin batted for aligning China’s Silk Route revival project with Russian plans for a trans-Siberian railway.
[Jester] “We see great potential in the idea of developing a common SCO transport system that would make use too of Russia’s Trans-Siberian Railway and Baikal-Amur Mainline and be tied into China’s plans for developing the Silk Road route. I am sure that big projects of this kind serve the interests of our organisation’s members and would benefit all countries in Eurasia,” said Putin.
[Jester] Putin said earlier this year that the Sino-Russian ties, including those on approaches to international problems, are at an unprecedented level. “As for our relations with China’s People’s Republic, they develop successfully and are at an unprecedentedly high level – both at the level of trust and the level of cooperation. I mean also the political sphere, our common approaches to estimations of international situations and to security in the world,” he said during a Q&A session in April in Moscow.
[Jester] NOT HARD TO FIGURE THAT ONE OUT... BRICS... HAHAHAHAH
[Jester] HERE IS SOMETHING YOU DIDN'T KNOW...
[Jester] Russia’s trade turnover with China is almost thrice as big as that with the US.
[Jester] NOW I AM WONDERING IF THEY REALLY DO NEED US AT ALL...
[Jester] “It is absolutely clear that we will be expanding collaboration with China. Our trade with the United States is 27.5 [billion], but trade with China is 87 billion, and it is growing. And experts will agree that China is gradually becoming the number one economic power. The question is when it will happen: in 15, 20 or 25 years. But everybody understands that it is inevitable,” asserted Putin.
[Jester] AND THE KICKER AGAIN...
[Jester] The Russian and Chinese central banks have recently agreed on a draft currency swap agreement, which will allow them to increase trade in domestic currencies and cut the dependence on the US dollar in bilateral payments.
[Jester] A Bloomberg report says the yuan-ruble trade on the Moscow Exchange has jumped 10-fold this year to $749 million in August.
[Jester] 10 TIMES? HOLY SPITFIT BATMAN....
[SoldierofChrist] Jester lol
[LuckyB] jester you have a feeling that they are thumbing there noses at the U S
[MotoXR] Jester I'm going with since the US didn't want to work thinks out agreeing to new terms/conditions This is a In your face SU Guess you'll find out the hard way!! Nice knowin ya...
[Jester] Earlier last month, Moscow and Beijing have entered into a pact to boost use of the rouble and yuan for trade transactions.
[Jester] OK... HERE IS A TEASER...
[Jester] The Chinese Premier will also visit Germany, Italy and the UN Food and Agricultural Organization(FAO) headquarters in Rome during his Europe trip and attend the 10th Asia-Europe Meeting (ASEM) summit in Milan from Oct. 16 to 17.
[Jester] WONDER WHAT THEY WILL TALK ABOUT? HAHAHAHAHAH
[Jester] MIGHTY COLD IN EUROPE IN THE WINTER TIME...
[LuckyB] think they will throw us a life saver
[Jester] MotoXR IF THE US DOES NOT GET THEIR COLLECTIVE STUFF TOGETHER WE ARE GOING TO BE THE BANANA REPUBLIC...
[pokerbrat] Jester Put in would Kill Obuthead in a chess game
[Jester] pokerbrat ISN'T THAT THE TRUTH...
[Jester] OKAY... ONE MORE... STILL ROCKING FOR A BIT... HAHAHAHAH
[MotoXR] pokerbrat I think he just did!!!
[DiddyKong] Jester real fast before you continue. I was wondering the relevance of this topic, but now it makes sense...
[LuckyB] they already have Egg on our governments faces
[DiddyKong] Ministers meet at FAO to discuss role of commodity markets - http://ift.tt/1s2uZLW
[DiddyKong] 6 October 2014, Rome - Governments ought to review the way international agricultural commodity markets are governed, FAO Director-General José Graziano da Silva told ministers from around the world gathered for a meeting on the subject Monday
[Jester] DiddyKong THANKS... I AM TRYING TO MAKE IT WORK... HAHAHAHAHA
[DiddyKong] Thats all. Please continue Jester
[Jester] DiddyKong FOR SURE... THANK YOU...
[DiddyKong] Jester lol I was refering to something I read earlier. You doing GREAT!
[Jester] NOW THE QUESTION IS CAN THEY MAKE IS STICK... AND FOR THAT MATTER... WHO HAS THE BIGGEST STICK... THIS WILL NOT MAKE YOU SLEEP EASIER...
[Jester] For the first time, Russia has more deployed nuclear warheads than U.S.
[Jester] For the first time, Russia, which is in the midst of a major strategic nuclear modernization, has more deployed nuclear warheads than the United States, according to the latest numbers released by the State Department.
[Jester] The warhead count for the Russians, based the Sept. 1 report required under the 2010 New Strategic Arms Reduction Treaty (START), shows an increase of 131 warheads since the last declaration on March 1. The U.S. reported a warhead increase of 57 during the same period. It is not clear why the warhead numbers increased.
http://ift.tt/1uWhU8h
[Jester] CHECK IT OUT...
[Jester] NOW... KEEP THIS REAL IMPORTANT FACT IN MIND WHEN YOU ARE THINKING ABOUT THAT...
[Jester] THAT IS JUST RUSSIA...
[Jester] AND THEY ARE FRIENDS WITH?
[DiddyKong] Ya blowing my mind Jester HAHAHA
[Jester] DiddyKong JUST THE FACT MA'AM... JUST THE FACTS... HAHAHAHAHA
[DiddyKong] Jester lol
[Jester] NOW... ONE MORE ARTICLE AND I WILL LET YOU GO...
[Jester] Will Gold Crash with the Dow… or Soar?
[Jester] In 2008, we projected that the crash in the market was in fact a mini-crash and that the day would come when a more major crash would occur—one that reflected the level of debt. In recent months, this prognostication has been gaining traction—that a second, more severe crash is inevitable.
[Jester] There are two primary camps amongst economists with regard to the economic direction that a crash will generate: inflationists and deflationists.
[Jester] Inflationists tend to feel that the governments of the world that are now in debt over their heads will do what governments always do in such a situation. Rather than get off the monetary heroin, they will instead increase the dosage. Inflation will then ramp up dramatically, eventually causing collapses in currencies.
[Jester] Deflationists, on the other hand, argue that when there is a market crash, there will be deflation. And since the debt level is so great, the severity of the deflation will likewise be great.
[Jester] ENTER REALITY... IN MY OPINION...
[Jester] The argument goes back and forth, yet there seems to be the misconception that one must be either an inflationist or deflationist. This is not at all the case.
[Jester] Recently, there have been vehement arguments from some very notable people in the deflationist camp that we shall soon see major drops in the Dow—first to 6000, then to 3300. They feel that, as this occurs, there will be a further real estate crash, gold will sink to $750, and unemployment will go through the roof.
[Jester] THE BANANA REPUBLIC...
[Jester] Inflationists will inevitably reply that, in the event of a crash, the central governments will print money like never before, as soon as there is even a whiff of deflation. (Their argument is strongly supported by the repeated confirmations by the previous chairman of the US Federal Reserve, Ben Bernanke, that no deflation will be acceptable to the Fed, that they will indeed print as much as it takes to counteract any possible deflation.)
[Jester] However, each camp is overlooking a significant factor. The deflationist reasoning tends to lead up to the occurrence of deflation… and then stops. They rarely comment on what happens next: the influx of newly-created currency units.
[Jester] The inflationists overlook the fact that, when a major crash occurs, it happens suddenly and when it occurs, it carries other markets with it. No amount of monetary printing can react quickly enough to simply cancel out the precipitous deflationary force of a crash. All that can be hoped for by the Fed and others in their situation is that they “play catch-up” as quickly as possible—injecting money into general circulation (not just crediting it to the banks, as they are now doing) to reverse the deflation and to hopefully return to “controlled” inflation.
[LuckyB] they keep watering down the currency we will all drown
[Jester] WE'VE SURELY SEEN THE EFFECTS OF THAT... I KNOW I HAVE...
[Jester] SOOOO...
[Jester] Are we headed for a crash in the stock market? Almost certainly, and probably a more severe one than in 2008.
[Jester] Are we headed for dramatic inflation or even hyperinflation? Again, almost certainly.
[Jester] So what will this look like? How will it play out? Consider the following as an order of immediate events (in brief form):
[Jester] THIS IS THE IMPORTANT STUFF YOU NEED TO KNOW TO BE READY... PAY ATTENTION...
[Jester] 1. The Dow crashes, in downward lurches, interspaced with false recoveries.
[Jester] 2. As the crash unfolds, we will see innumerable people who bought on margin selling everything to cover their losses. (If they hold gold or gold stocks, these will be sacrificed even if the holders remain confident about gold. Their goal will be to cover immediate losses, at whatever cost.)
[Jester] 3. Due to the dramatic selloff in gold, the price of gold plummets.
[Jester] WONDER WHO WILL BE BUYING THAT UP... JUST SAYING... BUT I DIGRESS AGAIN... TO CONTINUE...
[Jester] This is the deflationist argument and it is a logical one. (Popular estimates for the gold price are between $1000 and $750 as a potential floor.)
[Jester] But this scenario rings true only if all those who hold gold are forced to sell.
[Jester] What could actually happen might be similar to what we have seen with the unraveling of paper gold—that the development only serves to encourage those who understand gold to buy all they can. This serves to create a floor for the gold price.
[LuckyB] the flate currency crashes . they drop the gold prices and bric's Gobbles all the gold they can
[Jester] There may well be sudden downward spikes that would tend to prove deflationists right, but as we now live in an electronic age, the turnaround by purchasers will be almost as quick as the crashes themselves. It may be that we will see sudden precipitous drops in gold, followed by immediate rises in purchasing—a real rodeo ride.
[Jester] It is entirely possible that gold stocks will stay down longer than the gold price, and some (otherwise viable) companies may even go into liquidation. However, gold itself will not drop to $750 and stay there, as deflationists imply. More to the point, its recovery may be quite swift.
[Jester] The market is experiencing a divide that didn’t exist before. Until recently, there have been many people (millions) who misunderstood gold, treating it like a stock. Many of those people are disappearing from the market (having been washed out by the paper gold failure), and soon, most of those who are still in gold will be those who understand it. The higher the percentage of gold ownership that is in their hands, the more solid the floor.
[Jester] Whatever that floor may prove to be, gold will stabilize. Then, inevitable inflation will cause renewed interest in gold by the misinformed, as it begins its inflationary rise. By the time gold passes $2000, the misinformed will be falling all over each other to get back in—still not understanding gold, but desperate to ride the coattails of “a winner.” It would be at this point that we would go into a period of dramatic inflation, with a concurrent gold mania.
[Jester] Whatever level of drop gold experiences as a result of deflation, gold will rise up from it like a phoenix—long before other asset classes rise.
[Jester] I LOVE THAT PHOENIX THING... JUST SAYING...
[Jester] In fact, it will lead the pack.
[Jester] The question for the investor should not be whether we shall see inflation or deflation. We shall see both. The rodeo is underway and we are, whether we wish to be or not, in the saddle of the bronc. Soon, the chute will open and he’ll start bucking for all he’s worth. When he does, it will matter little whether he bucks to the left or to the right. The only objective should be to ride it out.
[Jester] In investment terms, what this means is that we need to have avoided those investments that are most greatly at risk and have chosen instead those investments that are likely to be intact when the ride is over.
[Jester] If we have loaded up on precious metals, in truth, it matters little if gold drops to $1000 or (gulp) to $750 as deflationists have predicted. All that will matter is whether we have had the fortitude to stay in the saddle until the ride comes to an end.
[MotoXR] Jester so is that what the Cabel is holding on to,The end game ? Crash everyone/everything and collect it up for themselves?
[Jester] Gold is inherently an international asset because it is disconnected from any government and its value is universally recognized everywhere in the world. Buying some is perhaps the easiest step you can take toward internationalizing your savings. The next step is to store your gold in a safe foreign jurisdiction.
[Jester] SO THERE YOU HAVE IT... HERE IS THE ARTICLE IF YOU LIKE TO READ IT YOURSELF AND FOR MORE INFO...
http://ift.tt/1uR2ylo
[Jester] WHEW... THAT WAS A LOT OF INFO FOR ONE NIGHT...
[DiddyKong] Jester yeah way to end the night while busting everybody's head! HAHAHAHA
[Jester] I BEEN GONE A LITTLE WHILE BUT I DO NOT STOP LOOKING...
[DiddyKong] RV/GCR? lol Jester you cannot spell it out any clearer.
[Jester] DiddyKong ISN'T THAT THE TRUTH... THE HANDWRITING IS ON THE WALL IN RED LIPSTICK... I CANNOT IMAGINE WHY SO MANY PEOPLE FIND IT SO HARD TO SEE...
[pokerbrat] Jester the hard look and the hard. O did promise change
[MotoXR] Jester /diddykong what do you think iyo the timeframe is?
[LuckyB] Pokerbrat yes he did but he didnt promise it would be good now did he
[DiddyKong] MotoXR smack HAHAHA. This is an event to play out. Like predicting the big one in Cali or Yellowstone to blow. You see the signs, but do not know when it will happen.
[MotoXR] DiddyKong Ok thanks i can see that
[Jester] MotoXR I PREDICT IT WILL TAKE UNTIL THE IDIOTS WE HAVE IN POWER FINALLY REALIZE THAT THEY ARE NOT AS SMART AS THEY THINK THEY ARE... DO NOT HAVE AS MUCH POWER AS THEY THINK THEY DO... AND BACK PEDDLE TO SAVE THEIR BUTTS BEFORE IT ALL IMPLODES ON THEM...
[Jester] WELL I KNOW I KEPT EVERYONE OVER LATE... THANKS FOR STAYING... AND I HOPE THE INFO WAS WORTH IT...
[DiddyKong] Let this night go down in history as "One of the Greatest Night of Real Info"
[Jester] I THINK THE IMPORTANT THING TO NOTE IS THIS.... IT IS ALREADY APPARENT THAT THE US HAS FOR ALL THIS TIME TRIED TO CONTROL THE WORLD... AND WHAT YOU ARE SEEING IS A WORLD SICK OF THAT AND DOING SOMETHING ABOUT IT...
[DiddyKong] We're the conceited and stuck up girlfriend in the relationship. HAHAHA. Looks like boyfriend is out finding a new fling HAHAAHHA
[Jester] AND TO TELL THE TRUTH... I THINK THEY ARE GOING TO BE SUCCESSFUL... SO WE MAY HAVE A TOUGH RIDE... GET YOUR STUFF READY...
[Hannah] DiddyKong Great analogy
[Jester] OK... 2 MINUTES.. EVERYONE IS TIRED... MODS.. THANK YOU FOR HANGING TOUGH FOR OVERTIME... I APPRECIATE THAT...
[MotoXR] Jester we just have to get thru to the other side!! Should be much better ride!!
[DiddyKong] Jester lol now who will we talk to about our problems? HAHAHA Guess we got to learn to be more humble and open to the culture and opinions of others HAHAHAHA. Ahhhh..... what a great night this is.
[Jester] SO WE WILL SEE YOU TOMORROW... TAKE IT EASY AND BUY AN EXTRA CAN OF SOUP AT THE STORE... HAHAHAHAH
[Jester] DiddyKong YOU CAN GET A 24 PACK FOR $5 AT THE WAL MART... I HAVE A FEW PUT BACK... HAHAHAHAH
[Jester] NIGHT NIGHT EVERYONE...
[Jester] The Prime Ministers summit this year follows successful meetings between President Xi Jinping and his Russian counterpart Vladimir Putin where the two leaders have overseen enormous Sino-Russian joint ventures, including a landmark $400 billion gas deal in Shanghai after a decade-long gas supply talks between the two countries.
[Jester] Russia also plans to sign a new 30-year gas supply contract with China via the western route, Russian energy giant Gazprom’s CEO Alexei Miller told President Vladimir Putin last month.
[Jester] YOU DON'T THINK THESE GUYS ARE SERIOUS... THAT SOUNDS PRETTY SERIOUS TO ME...
[Jester] As the US and EU step up pressure on Moscow with a new round of sanctions, Russia is seeking to strengthen ties with allies in the region, predominantly China.
[SoldierofChrist] Jester If there is something I have learned in this process is that they dont play around
[Jester] Putin and Xi also met last month during a Shanghai Cooperation Organisation (SCO) Council of Heads of State meet in Dushanbe, Tajikistan, where Putin batted for aligning China’s Silk Route revival project with Russian plans for a trans-Siberian railway.
[Jester] “We see great potential in the idea of developing a common SCO transport system that would make use too of Russia’s Trans-Siberian Railway and Baikal-Amur Mainline and be tied into China’s plans for developing the Silk Road route. I am sure that big projects of this kind serve the interests of our organisation’s members and would benefit all countries in Eurasia,” said Putin.
[Jester] Putin said earlier this year that the Sino-Russian ties, including those on approaches to international problems, are at an unprecedented level. “As for our relations with China’s People’s Republic, they develop successfully and are at an unprecedentedly high level – both at the level of trust and the level of cooperation. I mean also the political sphere, our common approaches to estimations of international situations and to security in the world,” he said during a Q&A session in April in Moscow.
[Jester] NOT HARD TO FIGURE THAT ONE OUT... BRICS... HAHAHAHAH
[Jester] HERE IS SOMETHING YOU DIDN'T KNOW...
[Jester] Russia’s trade turnover with China is almost thrice as big as that with the US.
[Jester] NOW I AM WONDERING IF THEY REALLY DO NEED US AT ALL...
[Jester] “It is absolutely clear that we will be expanding collaboration with China. Our trade with the United States is 27.5 [billion], but trade with China is 87 billion, and it is growing. And experts will agree that China is gradually becoming the number one economic power. The question is when it will happen: in 15, 20 or 25 years. But everybody understands that it is inevitable,” asserted Putin.
[Jester] AND THE KICKER AGAIN...
[Jester] The Russian and Chinese central banks have recently agreed on a draft currency swap agreement, which will allow them to increase trade in domestic currencies and cut the dependence on the US dollar in bilateral payments.
[Jester] A Bloomberg report says the yuan-ruble trade on the Moscow Exchange has jumped 10-fold this year to $749 million in August.
[Jester] 10 TIMES? HOLY SPITFIT BATMAN....
[SoldierofChrist] Jester lol
[LuckyB] jester you have a feeling that they are thumbing there noses at the U S
[MotoXR] Jester I'm going with since the US didn't want to work thinks out agreeing to new terms/conditions This is a In your face SU Guess you'll find out the hard way!! Nice knowin ya...
[Jester] Earlier last month, Moscow and Beijing have entered into a pact to boost use of the rouble and yuan for trade transactions.
[Jester] OK... HERE IS A TEASER...
[Jester] The Chinese Premier will also visit Germany, Italy and the UN Food and Agricultural Organization(FAO) headquarters in Rome during his Europe trip and attend the 10th Asia-Europe Meeting (ASEM) summit in Milan from Oct. 16 to 17.
[Jester] WONDER WHAT THEY WILL TALK ABOUT? HAHAHAHAHAH
[Jester] MIGHTY COLD IN EUROPE IN THE WINTER TIME...
[LuckyB] think they will throw us a life saver
[Jester] MotoXR IF THE US DOES NOT GET THEIR COLLECTIVE STUFF TOGETHER WE ARE GOING TO BE THE BANANA REPUBLIC...
[pokerbrat] Jester Put in would Kill Obuthead in a chess game
[Jester] pokerbrat ISN'T THAT THE TRUTH...
[Jester] OKAY... ONE MORE... STILL ROCKING FOR A BIT... HAHAHAHAH
[MotoXR] pokerbrat I think he just did!!!
[DiddyKong] Jester real fast before you continue. I was wondering the relevance of this topic, but now it makes sense...
[LuckyB] they already have Egg on our governments faces
[DiddyKong] Ministers meet at FAO to discuss role of commodity markets - http://ift.tt/1s2uZLW
[DiddyKong] 6 October 2014, Rome - Governments ought to review the way international agricultural commodity markets are governed, FAO Director-General José Graziano da Silva told ministers from around the world gathered for a meeting on the subject Monday
[Jester] DiddyKong THANKS... I AM TRYING TO MAKE IT WORK... HAHAHAHAHA
[DiddyKong] Thats all. Please continue Jester
[Jester] DiddyKong FOR SURE... THANK YOU...
[DiddyKong] Jester lol I was refering to something I read earlier. You doing GREAT!
[Jester] NOW THE QUESTION IS CAN THEY MAKE IS STICK... AND FOR THAT MATTER... WHO HAS THE BIGGEST STICK... THIS WILL NOT MAKE YOU SLEEP EASIER...
[Jester] For the first time, Russia has more deployed nuclear warheads than U.S.
[Jester] For the first time, Russia, which is in the midst of a major strategic nuclear modernization, has more deployed nuclear warheads than the United States, according to the latest numbers released by the State Department.
[Jester] The warhead count for the Russians, based the Sept. 1 report required under the 2010 New Strategic Arms Reduction Treaty (START), shows an increase of 131 warheads since the last declaration on March 1. The U.S. reported a warhead increase of 57 during the same period. It is not clear why the warhead numbers increased.
http://ift.tt/1uWhU8h
[Jester] CHECK IT OUT...
[Jester] NOW... KEEP THIS REAL IMPORTANT FACT IN MIND WHEN YOU ARE THINKING ABOUT THAT...
[Jester] THAT IS JUST RUSSIA...
[Jester] AND THEY ARE FRIENDS WITH?
[DiddyKong] Ya blowing my mind Jester HAHAHA
[Jester] DiddyKong JUST THE FACT MA'AM... JUST THE FACTS... HAHAHAHAHA
[DiddyKong] Jester lol
[Jester] NOW... ONE MORE ARTICLE AND I WILL LET YOU GO...
[Jester] Will Gold Crash with the Dow… or Soar?
[Jester] In 2008, we projected that the crash in the market was in fact a mini-crash and that the day would come when a more major crash would occur—one that reflected the level of debt. In recent months, this prognostication has been gaining traction—that a second, more severe crash is inevitable.
[Jester] There are two primary camps amongst economists with regard to the economic direction that a crash will generate: inflationists and deflationists.
[Jester] Inflationists tend to feel that the governments of the world that are now in debt over their heads will do what governments always do in such a situation. Rather than get off the monetary heroin, they will instead increase the dosage. Inflation will then ramp up dramatically, eventually causing collapses in currencies.
[Jester] Deflationists, on the other hand, argue that when there is a market crash, there will be deflation. And since the debt level is so great, the severity of the deflation will likewise be great.
[Jester] ENTER REALITY... IN MY OPINION...
[Jester] The argument goes back and forth, yet there seems to be the misconception that one must be either an inflationist or deflationist. This is not at all the case.
[Jester] Recently, there have been vehement arguments from some very notable people in the deflationist camp that we shall soon see major drops in the Dow—first to 6000, then to 3300. They feel that, as this occurs, there will be a further real estate crash, gold will sink to $750, and unemployment will go through the roof.
[Jester] THE BANANA REPUBLIC...
[Jester] Inflationists will inevitably reply that, in the event of a crash, the central governments will print money like never before, as soon as there is even a whiff of deflation. (Their argument is strongly supported by the repeated confirmations by the previous chairman of the US Federal Reserve, Ben Bernanke, that no deflation will be acceptable to the Fed, that they will indeed print as much as it takes to counteract any possible deflation.)
[Jester] However, each camp is overlooking a significant factor. The deflationist reasoning tends to lead up to the occurrence of deflation… and then stops. They rarely comment on what happens next: the influx of newly-created currency units.
[Jester] The inflationists overlook the fact that, when a major crash occurs, it happens suddenly and when it occurs, it carries other markets with it. No amount of monetary printing can react quickly enough to simply cancel out the precipitous deflationary force of a crash. All that can be hoped for by the Fed and others in their situation is that they “play catch-up” as quickly as possible—injecting money into general circulation (not just crediting it to the banks, as they are now doing) to reverse the deflation and to hopefully return to “controlled” inflation.
[LuckyB] they keep watering down the currency we will all drown
[Jester] WE'VE SURELY SEEN THE EFFECTS OF THAT... I KNOW I HAVE...
[Jester] SOOOO...
[Jester] Are we headed for a crash in the stock market? Almost certainly, and probably a more severe one than in 2008.
[Jester] Are we headed for dramatic inflation or even hyperinflation? Again, almost certainly.
[Jester] So what will this look like? How will it play out? Consider the following as an order of immediate events (in brief form):
[Jester] THIS IS THE IMPORTANT STUFF YOU NEED TO KNOW TO BE READY... PAY ATTENTION...
[Jester] 1. The Dow crashes, in downward lurches, interspaced with false recoveries.
[Jester] 2. As the crash unfolds, we will see innumerable people who bought on margin selling everything to cover their losses. (If they hold gold or gold stocks, these will be sacrificed even if the holders remain confident about gold. Their goal will be to cover immediate losses, at whatever cost.)
[Jester] 3. Due to the dramatic selloff in gold, the price of gold plummets.
[Jester] WONDER WHO WILL BE BUYING THAT UP... JUST SAYING... BUT I DIGRESS AGAIN... TO CONTINUE...
[Jester] This is the deflationist argument and it is a logical one. (Popular estimates for the gold price are between $1000 and $750 as a potential floor.)
[Jester] But this scenario rings true only if all those who hold gold are forced to sell.
[Jester] What could actually happen might be similar to what we have seen with the unraveling of paper gold—that the development only serves to encourage those who understand gold to buy all they can. This serves to create a floor for the gold price.
[LuckyB] the flate currency crashes . they drop the gold prices and bric's Gobbles all the gold they can
[Jester] There may well be sudden downward spikes that would tend to prove deflationists right, but as we now live in an electronic age, the turnaround by purchasers will be almost as quick as the crashes themselves. It may be that we will see sudden precipitous drops in gold, followed by immediate rises in purchasing—a real rodeo ride.
[Jester] It is entirely possible that gold stocks will stay down longer than the gold price, and some (otherwise viable) companies may even go into liquidation. However, gold itself will not drop to $750 and stay there, as deflationists imply. More to the point, its recovery may be quite swift.
[Jester] The market is experiencing a divide that didn’t exist before. Until recently, there have been many people (millions) who misunderstood gold, treating it like a stock. Many of those people are disappearing from the market (having been washed out by the paper gold failure), and soon, most of those who are still in gold will be those who understand it. The higher the percentage of gold ownership that is in their hands, the more solid the floor.
[Jester] Whatever that floor may prove to be, gold will stabilize. Then, inevitable inflation will cause renewed interest in gold by the misinformed, as it begins its inflationary rise. By the time gold passes $2000, the misinformed will be falling all over each other to get back in—still not understanding gold, but desperate to ride the coattails of “a winner.” It would be at this point that we would go into a period of dramatic inflation, with a concurrent gold mania.
[Jester] Whatever level of drop gold experiences as a result of deflation, gold will rise up from it like a phoenix—long before other asset classes rise.
[Jester] I LOVE THAT PHOENIX THING... JUST SAYING...
[Jester] In fact, it will lead the pack.
[Jester] The question for the investor should not be whether we shall see inflation or deflation. We shall see both. The rodeo is underway and we are, whether we wish to be or not, in the saddle of the bronc. Soon, the chute will open and he’ll start bucking for all he’s worth. When he does, it will matter little whether he bucks to the left or to the right. The only objective should be to ride it out.
[Jester] In investment terms, what this means is that we need to have avoided those investments that are most greatly at risk and have chosen instead those investments that are likely to be intact when the ride is over.
[Jester] If we have loaded up on precious metals, in truth, it matters little if gold drops to $1000 or (gulp) to $750 as deflationists have predicted. All that will matter is whether we have had the fortitude to stay in the saddle until the ride comes to an end.
[MotoXR] Jester so is that what the Cabel is holding on to,The end game ? Crash everyone/everything and collect it up for themselves?
[Jester] Gold is inherently an international asset because it is disconnected from any government and its value is universally recognized everywhere in the world. Buying some is perhaps the easiest step you can take toward internationalizing your savings. The next step is to store your gold in a safe foreign jurisdiction.
[Jester] SO THERE YOU HAVE IT... HERE IS THE ARTICLE IF YOU LIKE TO READ IT YOURSELF AND FOR MORE INFO...
http://ift.tt/1uR2ylo
[Jester] WHEW... THAT WAS A LOT OF INFO FOR ONE NIGHT...
[DiddyKong] Jester yeah way to end the night while busting everybody's head! HAHAHAHA
[Jester] I BEEN GONE A LITTLE WHILE BUT I DO NOT STOP LOOKING...
[DiddyKong] RV/GCR? lol Jester you cannot spell it out any clearer.
[Jester] DiddyKong ISN'T THAT THE TRUTH... THE HANDWRITING IS ON THE WALL IN RED LIPSTICK... I CANNOT IMAGINE WHY SO MANY PEOPLE FIND IT SO HARD TO SEE...
[pokerbrat] Jester the hard look and the hard. O did promise change
[MotoXR] Jester /diddykong what do you think iyo the timeframe is?
[LuckyB] Pokerbrat yes he did but he didnt promise it would be good now did he
[DiddyKong] MotoXR smack HAHAHA. This is an event to play out. Like predicting the big one in Cali or Yellowstone to blow. You see the signs, but do not know when it will happen.
[MotoXR] DiddyKong Ok thanks i can see that
[Jester] MotoXR I PREDICT IT WILL TAKE UNTIL THE IDIOTS WE HAVE IN POWER FINALLY REALIZE THAT THEY ARE NOT AS SMART AS THEY THINK THEY ARE... DO NOT HAVE AS MUCH POWER AS THEY THINK THEY DO... AND BACK PEDDLE TO SAVE THEIR BUTTS BEFORE IT ALL IMPLODES ON THEM...
[Jester] WELL I KNOW I KEPT EVERYONE OVER LATE... THANKS FOR STAYING... AND I HOPE THE INFO WAS WORTH IT...
[DiddyKong] Let this night go down in history as "One of the Greatest Night of Real Info"
[Jester] I THINK THE IMPORTANT THING TO NOTE IS THIS.... IT IS ALREADY APPARENT THAT THE US HAS FOR ALL THIS TIME TRIED TO CONTROL THE WORLD... AND WHAT YOU ARE SEEING IS A WORLD SICK OF THAT AND DOING SOMETHING ABOUT IT...
[DiddyKong] We're the conceited and stuck up girlfriend in the relationship. HAHAHA. Looks like boyfriend is out finding a new fling HAHAAHHA
[Jester] AND TO TELL THE TRUTH... I THINK THEY ARE GOING TO BE SUCCESSFUL... SO WE MAY HAVE A TOUGH RIDE... GET YOUR STUFF READY...
[Hannah] DiddyKong Great analogy
[Jester] OK... 2 MINUTES.. EVERYONE IS TIRED... MODS.. THANK YOU FOR HANGING TOUGH FOR OVERTIME... I APPRECIATE THAT...
[MotoXR] Jester we just have to get thru to the other side!! Should be much better ride!!
[DiddyKong] Jester lol now who will we talk to about our problems? HAHAHA Guess we got to learn to be more humble and open to the culture and opinions of others HAHAHAHA. Ahhhh..... what a great night this is.
[Jester] SO WE WILL SEE YOU TOMORROW... TAKE IT EASY AND BUY AN EXTRA CAN OF SOUP AT THE STORE... HAHAHAHAH
[Jester] DiddyKong YOU CAN GET A 24 PACK FOR $5 AT THE WAL MART... I HAVE A FEW PUT BACK... HAHAHAHAH
[Jester] NIGHT NIGHT EVERYONE...
via Dinar Recaps - Our Blog http://ift.tt/1vNLRE6
Monday, October 6, 2014
Sunday, October 5, 2014
Saturday, October 4, 2014
TD Saturday Morning Post - emailed to Dinar Recaps
Hello Recaps : Old friend TD checking in with some personal thoughts and many from my Kurdish friend (As always I'd encourage every reader to treat ANY post in Dinarland as rumor and take everything with a grain of salt, due your own diligence and based on an array of intel & thoughts presented by many to derive to your own sound conclusions).
You know as a kid growing up I warmly remember when all we had were 3-4 TV networks but we always did seem to find enjoyable, tasteful family entertainment to watch. Nowadays with over 100 channels to choose from many times I find my self clicking and turning without anything worthwhile to watch.
I also remember that TV stations regularly would post editorials expressing the stations views regarding a "in the news" event and in the spirit of fairness they would allow an outside group/organization to provide a contrary opinion. I always enjoyed listening to all sides.
You know as a kid growing up I warmly remember when all we had were 3-4 TV networks but we always did seem to find enjoyable, tasteful family entertainment to watch. Nowadays with over 100 channels to choose from many times I find my self clicking and turning without anything worthwhile to watch.
I also remember that TV stations regularly would post editorials expressing the stations views regarding a "in the news" event and in the spirit of fairness they would allow an outside group/organization to provide a contrary opinion. I always enjoyed listening to all sides.
Today more and more many TV and radio networks are too polarized in their views and agendas, hammering home "their" message.
It is with this spirit that I come on today to provide a differing opinion to cast out there on some of the broadcasts we have all heard and read. People can kick the tires and see if it's worth driving or not but as I stated I'm a believer in absorbing all viewpoints.
I want to address some of the points put out by some who are indicating that we are on the threshold of an "imminent" RV. Some have even indicated that it already happened as far back as December 2013 BUT we are awaiting world rollout. There have even been indications that certain provinces in Iraq are showing ALL DIFFERENT rates.
My Kurdish friend indicates he is unaware of any such claims or rumors. He points out a couple very important points to consider which at least IMHO hold water and make sense.
FIRST) He says that any change in monetary policy will be voiced through the CBI, the country's guardian and executioner of such actions and will be in the form of a worldwide article as well as update showing on their website. So far nothing like that has occurred.
SECOND) He states that PARTIAL or INCOMPLETE actions showing privilege to some and not others would set off a worldwide & endless hornets nest of litigation that mankind has never seen in history. In other words, if and when the CBI acts on monetary policy it will be instantaneous worldwide.
There will be no double dipping or illegal transactions for people to pull off.
THIRD) He refutes the rumor that this has "already occurred" but hasn't rolled out. If there was a few people"in the know" then surely in one way or another the remaining notes would have been gobbled up in a hurry. My friend points to Ebay as a great indicator of this. Check out the site and the number of notes for sale there. Surely these "greedy, already rich" people would find a way to swallow those notes up.
In addition to my Kurdish friend I have a couple executive level contacts at Goldman Sachs who also reiterate the points discussed.
I merely point these issues out for digestion. People though in opportunities of sudden wealth creation have tendencies to believe what they hope and want to believe. I think it's very important to keep grounded of the fact that this is indeed a speculative investment and to not lose sight of the risks as well as the possible rewards. At one time I too sank myself very heavily into the investment putting in tens of thousands of dollars into it. Most people know that I reduced my holdings but still hold well over a million dinar.
I believe people should put into it the amount they are comfortable with losing if things don't go as planned. For me I found that point and as adults you all have to find your "tolerance" level as well.
I'll finish by pointing out a few intel pieces I've obtained to pass along. (Remember, treat all as rumor and don't shoot the messenger) :
We do know that the NEW 10K note has been out almost now couple months and is being exchanged throughout Iraq.
It is with this spirit that I come on today to provide a differing opinion to cast out there on some of the broadcasts we have all heard and read. People can kick the tires and see if it's worth driving or not but as I stated I'm a believer in absorbing all viewpoints.
I want to address some of the points put out by some who are indicating that we are on the threshold of an "imminent" RV. Some have even indicated that it already happened as far back as December 2013 BUT we are awaiting world rollout. There have even been indications that certain provinces in Iraq are showing ALL DIFFERENT rates.
My Kurdish friend indicates he is unaware of any such claims or rumors. He points out a couple very important points to consider which at least IMHO hold water and make sense.
FIRST) He says that any change in monetary policy will be voiced through the CBI, the country's guardian and executioner of such actions and will be in the form of a worldwide article as well as update showing on their website. So far nothing like that has occurred.
SECOND) He states that PARTIAL or INCOMPLETE actions showing privilege to some and not others would set off a worldwide & endless hornets nest of litigation that mankind has never seen in history. In other words, if and when the CBI acts on monetary policy it will be instantaneous worldwide.
There will be no double dipping or illegal transactions for people to pull off.
THIRD) He refutes the rumor that this has "already occurred" but hasn't rolled out. If there was a few people"in the know" then surely in one way or another the remaining notes would have been gobbled up in a hurry. My friend points to Ebay as a great indicator of this. Check out the site and the number of notes for sale there. Surely these "greedy, already rich" people would find a way to swallow those notes up.
In addition to my Kurdish friend I have a couple executive level contacts at Goldman Sachs who also reiterate the points discussed.
I merely point these issues out for digestion. People though in opportunities of sudden wealth creation have tendencies to believe what they hope and want to believe. I think it's very important to keep grounded of the fact that this is indeed a speculative investment and to not lose sight of the risks as well as the possible rewards. At one time I too sank myself very heavily into the investment putting in tens of thousands of dollars into it. Most people know that I reduced my holdings but still hold well over a million dinar.
I believe people should put into it the amount they are comfortable with losing if things don't go as planned. For me I found that point and as adults you all have to find your "tolerance" level as well.
I'll finish by pointing out a few intel pieces I've obtained to pass along. (Remember, treat all as rumor and don't shoot the messenger) :
We do know that the NEW 10K note has been out almost now couple months and is being exchanged throughout Iraq.
This note has new security features and will also be followed by ( also NEW security enhanced features) 5K, 25K and the all new 50K notes. A few weeks back the CBI released a (rehashed article) of this intention BUT just the fact that they already introduced into the marketplace the NEW 10K note is proof that they do mean what they stated THIS TIME . I'm told that the other notes are in production and expected also to be introduced into the marketplace during the last quarter of this year, perhaps in the new year to kick off 2015 as a year of change and promise.
What I do find interesting so far is that NONE of the currency exchange outlets have the NEW 10K notes and there are serious discussions and debates to have in the dinar community regarding that.
THE PTB's in Iraq all adjourned and went home couple days ago and there is nothing on the agenda for them till October 15th .
Priority ONE of the Abadi administration is tackling the all important security situation and all else is on hold. The Peshmerga are holding their own bravely. The Iraqi Army is still trying to find itself. A tipping point of pushing back with these barbaric group called ISIL may indeed be the TURKS who just gave parliamentary approval to wage a military campaign in both Iraq and Syria. The Turks are outraged also at the humanitarian crisis spilling over into their borders and have had enough. All military experts know and have said that without a formidable ground force the coalitions air strikes will not totally defeat these lunatics. The Turks may just be what we need.
Time will tell so many issues. In the meantime give thanks to your well being in comparison to the hardship of hundreds of thousands of refugees being displaced and having their lives torn apart.
BEST REGARDS,
TD
What I do find interesting so far is that NONE of the currency exchange outlets have the NEW 10K notes and there are serious discussions and debates to have in the dinar community regarding that.
THE PTB's in Iraq all adjourned and went home couple days ago and there is nothing on the agenda for them till October 15th .
Priority ONE of the Abadi administration is tackling the all important security situation and all else is on hold. The Peshmerga are holding their own bravely. The Iraqi Army is still trying to find itself. A tipping point of pushing back with these barbaric group called ISIL may indeed be the TURKS who just gave parliamentary approval to wage a military campaign in both Iraq and Syria. The Turks are outraged also at the humanitarian crisis spilling over into their borders and have had enough. All military experts know and have said that without a formidable ground force the coalitions air strikes will not totally defeat these lunatics. The Turks may just be what we need.
Time will tell so many issues. In the meantime give thanks to your well being in comparison to the hardship of hundreds of thousands of refugees being displaced and having their lives torn apart.
BEST REGARDS,
TD
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Thoughts From Arthur 10-4-14
10-4-14 Arthur: For the most part I have never believed in delays which I see as manufactured by people when they are wrong about the RV happening on a given date.
I see things as just happening as they are supposed to according to the progress Iraq makes toward economic and political stability.
But per an extensive talk with my Iraqi contact, I now believe there has been several recent delays to this overall process.
The first unforeseen circumstance was grossly underestimating the deleterious impact of DAASH and the ineffectiveness of the Iraqi military as led by Maliki to deal with that situation as it unfolded over the end of the summer.
....
I see things as just happening as they are supposed to according to the progress Iraq makes toward economic and political stability.
But per an extensive talk with my Iraqi contact, I now believe there has been several recent delays to this overall process.
The first unforeseen circumstance was grossly underestimating the deleterious impact of DAASH and the ineffectiveness of the Iraqi military as led by Maliki to deal with that situation as it unfolded over the end of the summer.
....
Due to a combination of disdain and distrust for Maliki, and their unwillingness to put their lives on the line for what they saw as a corrupt dictatorial regime,
DAASH was allowed to get disproportionately out of control and became a delaying factor as is evidenced by the unprecedented international military response to the ISIL threat to Iraq's sovereignty.
Another delay is what I call the Maliki factor as in how long it took to get him out of office, all the enormous corruption they have uncovered, including undoing the damage from his inept maintenance of the security file (MOD/MOI) and from all the money he stole or otherwise misappropriated in conjunction with lower global oil prices than originally expected which has engendered a budget deficit that none of their economist nor the UN and U.S. financial experts were prepared for.
DAASH was allowed to get disproportionately out of control and became a delaying factor as is evidenced by the unprecedented international military response to the ISIL threat to Iraq's sovereignty.
Another delay is what I call the Maliki factor as in how long it took to get him out of office, all the enormous corruption they have uncovered, including undoing the damage from his inept maintenance of the security file (MOD/MOI) and from all the money he stole or otherwise misappropriated in conjunction with lower global oil prices than originally expected which has engendered a budget deficit that none of their economist nor the UN and U.S. financial experts were prepared for.
This has therefore delayed completion of the GOI and caused complexities to the budget that has called for several recent amendments leading to the reason we are now projected after Eid al Adha as opposed to before then as PM Abadi originally promised.
The good side effect to these delays is that it has allowed the banking/CBI side to progress monetary reform preparation beyond what they would have otherwise accomplished
Which when combined with the new unified government has allowed parliamentary quorum conducive for passing all the necessary legislation that now has Iraq on the verge of a monumental moment in their history that will finally allow the PTB/AOP to give the green light to restore Iraq back into the international community with the monetary reform and restoration of the IQD in the very near future...
As just tonight their TV news announced they would begin to finalize their monetary reform right after Eid al-Adha.
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Friday, October 3, 2014
Iko Ward at TNT: "Recap of Unusual Forex Behaviour"
10-3-14 Iko Ward: All times are EST. Thought it might be useful to recap what’s been happening the past few days. Forex has demonstrated uncharacteristic activity concerning the Dinar (IQD), the Dong (VND) and Rupiah (IDR).
While the Dong likes to trade around 2AM (Tokyo market) it has always opened relatively flat at 7AM, an hour before the NY Market opens.
There has been evidence of “pinging” (testing) in the evening hours, when all is usually quiet and 0.0000.
The dinar has been seeing a CBI spread of 1164/1166 with occasional spreads of 1138 /1188 during the day but always settling down to match the CBI in the evening.
....
While the Dong likes to trade around 2AM (Tokyo market) it has always opened relatively flat at 7AM, an hour before the NY Market opens.
There has been evidence of “pinging” (testing) in the evening hours, when all is usually quiet and 0.0000.
The dinar has been seeing a CBI spread of 1164/1166 with occasional spreads of 1138 /1188 during the day but always settling down to match the CBI in the evening.
....
This has been the routine since Tuesday, then yesterday happened.
Around 9AM, all three currencies went to an even spread and used the lowest number to date for the High, Low and Opening Bid columns.
Specifically, Dinar was 1138/1138, had a high of 1138, a low of 1138, and an opening bid of 1138. As the boss famously asks, “Who does that make sense to?”
Then it continued to refresh on the hour but not change
.
Normally, a refresh accompanies a change in rate. It stayed that way all day, refreshing a total of seven times instead of the average three (7am, noon, 5pm) and the Dong and Rupiah did the same, all in lock step of one another.
Around 9AM, all three currencies went to an even spread and used the lowest number to date for the High, Low and Opening Bid columns.
Specifically, Dinar was 1138/1138, had a high of 1138, a low of 1138, and an opening bid of 1138. As the boss famously asks, “Who does that make sense to?”
Then it continued to refresh on the hour but not change
.
Normally, a refresh accompanies a change in rate. It stayed that way all day, refreshing a total of seven times instead of the average three (7am, noon, 5pm) and the Dong and Rupiah did the same, all in lock step of one another.
That just don’t happen in these here parts. My conclusion is they were calibrating and testing the three basket currencies.
As of 7AM this morning Dinar is back to 1140/1188, High 1140, Low 1138 and Open 1138. Still bizarre.
Dong and Rupiah show similar per their own ratings. I think we have seen all we will concerning the RV on Forex until it actually happens.
I still side with Tony and say it will be sometime tonight after Forex closes for the weekend.
Let’s see what other Intel the day brings and what’s on the call.
Like the Banks and Okie and the rest of the world, we sit in Casa Blanca, and wait…and wait…but not for long, I think.
As of 7AM this morning Dinar is back to 1140/1188, High 1140, Low 1138 and Open 1138. Still bizarre.
Dong and Rupiah show similar per their own ratings. I think we have seen all we will concerning the RV on Forex until it actually happens.
I still side with Tony and say it will be sometime tonight after Forex closes for the weekend.
Let’s see what other Intel the day brings and what’s on the call.
Like the Banks and Okie and the rest of the world, we sit in Casa Blanca, and wait…and wait…but not for long, I think.
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Thursday, October 2, 2014
Wednesday, October 1, 2014
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