MY LADIES: GOOD THURSDAY AFTERNOON EVERYONE. OUR APOLOGIES FOR NOT POSTING BUT EVER SINCE THE SPRING IMF MEETINGS NOVA AND I HAVE SHIFTED OUR FOCUS TO THE IMPENDING NEW BANKING SYSTEM.
WE HAVE COME TO REALIZE THAT IRAQ IS NOT THE CENTER OF ANYTHING BUT RATHER JUST ONE MORE PUZZLE PIECE.
WE HAVE STOPPED FOLLOWING IRAQ AND THE GOI FOR GOOD. I DON’T EVEN WANT TO HAVE ANY POSTINGS OF IRAQ IN OUR ROOM UNLESS IT IS THE CBI TALKING DIRECTLY. WHAT WE ARE STUDYING IS SO MUCH MORE EXCITING AND HAPPENING RIGHT NOW!
HERE IS THE LINK NOVA AND I RECORDED ONE OF OUR BRAINSTORMING CONVERSATIONS AND IT IS FULL OF A HA MOMENTS. SO GET COMFY AND LISTEN AND ENJOY.
http://ift.tt/1H2vIS6
OR YOU CAN DIAL IN 712-775-7039 / 637708#
....
WE HAVE COME TO REALIZE THAT IRAQ IS NOT THE CENTER OF ANYTHING BUT RATHER JUST ONE MORE PUZZLE PIECE.
WE HAVE STOPPED FOLLOWING IRAQ AND THE GOI FOR GOOD. I DON’T EVEN WANT TO HAVE ANY POSTINGS OF IRAQ IN OUR ROOM UNLESS IT IS THE CBI TALKING DIRECTLY. WHAT WE ARE STUDYING IS SO MUCH MORE EXCITING AND HAPPENING RIGHT NOW!
HERE IS THE LINK NOVA AND I RECORDED ONE OF OUR BRAINSTORMING CONVERSATIONS AND IT IS FULL OF A HA MOMENTS. SO GET COMFY AND LISTEN AND ENJOY.
http://ift.tt/1H2vIS6
OR YOU CAN DIAL IN 712-775-7039 / 637708#
....
I’M GOING TO SUM OF THE CALL, WE TOUCHED ON SOME OF THE THINGS HAPPENING IN IRAQ BUT THESE THINGS DO NOT DESERVE ALL THE SENSATIONALISM DINAR LAND IS GIVING THEM. LET’S COVER A FEW FACTS FOR EVERYONE;
1) THE CBI HAS VERY CLEARLY SAID THEY WILL BE INTRODUCING THE NEW 50,000. NOTE. THIS IS NOT A COIN OR A MISPRINT OR ANY SUCH THING THEY HAVE EVEN GONE SO FAR AS TO DESCRIBE THE TREES AND SUCH THAT WILL BE ON IT. ALI MOSHEN ISMAIL CURRENT GOVERNOR OF THE CENTRAL BANK MET WITH THE PARLIAMENTARY FINANCE COMMITTEE LAST SUNDAY AND EXPLAINED IN PERSON ABOUT THE 50,000 NOTE.
HERE GO READ FOR YOURSELVES IT IS ON PARLIAMENTS WEBSITE.
http://ift.tt/1JSTrrn
The economic and investment commission hosts the Governor of the Central Bank
May 03 .2015
The economic and investment commission hosted on Sunday, 05/03/2015, headed by MP Jawad al- Chairman of the Committee and the presence of Messrs members, Mr. Ali Keywords Governor of the Central Bank to discuss the monetary policy of the Bank and ways to encourage the private sector.
The head of the economic and investment commission during the meeting that it is important at this stage where the country is suffering from the financial and economic crises that operate fiscal and monetary policies to promote economic reality which is viewed with hope for investment and the private sector. "
He said al-Bolani said on relevant policy monetary act now and quickly to invest the money supply available and channeled properly to support private sector companies and banks sector, and here this liquidity will work as an engine driver of investment which will generate additional financial returns and increases the total national income and gross domestic product (GDP).
For his part, Governor of the Central Bank announced the completion of the final touches to issue a new currency of 50 000 dinars category which would reduce the volume of cash in circulation.
The Keywords that the central bank began lending process biggest banks sector and private banks and invest the money in investment projects and also support various economic sectors such as agriculture, industry, housing and others.
YOU SEE BACK IN MARCH THE CENTRAL BANK PUT OUT ON ITS SITE A PDF THAT CLEARLY SAID THEY WOULD BE RECALLING THE NEW 50 DINAR NOTE. THEY FURTHER SAID THERE WOULD BE NO REPLACEMENT FOR IT.
THEY SAID THE NOTE HAD NOT BEEN USED SINCE 2004 AND THEY SAID THEY WOULD BE GIVING NOTE HOLDERS AN ELECTRONIC CREDIT. THEY NEVER EVER SAID THEY WOULD BE REPLACING THE NOTE.
2) WE ALSO COVERED THE SALE OF THE BONDS AND THE CREDIT RATING AND THE SEPARATION OF CENTRAL BANK AND STATE.
3) WE COVERED THE BUZZ THAT IS ALL OVER ABOUT THE DINAR RETURNING TO THE FORMER PRICE COMPARED TO THE DOLLAR. NOW THOSE WORDS IN ENGLISH SOUND GOOD BUT ACTUALLY THERE ARE SEVERAL ARTICLES THAT SPEAK TO THIS AS WELL AS THE CBI WEB SITE.
THE FORMER EXCHANGE RATE OF THE DINAR BEFORE IT ROSE TO 1300+ WAS 1200+ TO 1. THIS IS THE FORMER NUMBER THEY ARE TALKING ABOUT AND IT SAYS SO VERY CLEARLY IN THE ARTICLES WE TALKED ABOUT IN OUR LAST 2 POSTS HERE IN RECAPS. SO YOU CAN GO READ THEM AND YOU WILL SEE THE PROOF OF THIS.
http://ift.tt/1GA6jSl
http://ift.tt/1HFhsjV
NOW WITH THAT OUT OF THE WAY WHERE DO WE THINK WE ARE NOW?
WELL WE ARE RIGHT IN THE MIDDLE OF EXCITING TIMES. WE LEARNED SO MUCH FROM THE IMF SPRING MEETINGS A FEW WEEKS AGO. THAT’S WHEN WE STARTED PUTTING TOGETHER THAT IRAQ WOULD NT BE RE PRICING THEIR CURRENCY AS A SINGLE ENTITY BUT WOULD BE RE PRICING MOST LIKELY AS A REACTION TO THE FREE MOVEMENT OF THE YUAN.
THIS WEEK WE SAW SO MUCH FROM THE IMF TALKING ABOUT CHINA BEING THE GOALPOST OF THE NEW BANKING SYSTEM. HERE HAVE A LOOK
May 5, 2015 5:56 am
China knocks on door of reserve currency club
The internationalization of China’s renminbi faces its stiffest test yet as the International Monetary Fund debates whether to endorse the “redback” as a reserve currency alongside the dollar, euro, yen and sterling.
Becoming a constituent in the IMF’s Special Drawing Rights basket would be a big step forward for the currency, which remains tightly controlled by Beijing. Economist Louis Gave of GaveKal Dragonomics likens the move to Japan’s currency liberalization in the 1980s and the subsequent run-up in yen assets.
“Very quickly, global equity and bond investors were chasing their own tails, pushing up the value of the yen together with Japanese equity and bond valuations to regular new highs.” (From which, of course, they subsequently retreated as the bubble imploded.)
However, the rewards for Beijing would be more than simply financial: acquiring SDR rights would be a powerful boost to its geopolitical ambitions.
“For China, SDR basket inclusion is symbolic to global recognition of its rise in status,” Paul Mackel, head of Asia forex research at HSBC, wrote in a recent report. “The very stringent requirements for currency inclusion in the SDR serve as a quality assurance to global users that the currency in question is indeed very liquid and stable as a store of value.”
That will feed into the IMF’s deliberations. “The crux of the matter is that this is ultimately going to be decided on political rather than economic merits,” says Eswar Prasad, economics professor at Cornell University and former China country director for the IMF.
China’s bid for more influence in the international monetary system began at the peak of the global financial crisis in March 2009, when central bank governor Zhou Xiaochuan published a paper in English titled “Reform the international monetary system”.
Mr Zhou argued that the global financial crisis had exposed the vulnerabilities of over-reliance on the dollar, and proposed beefing up the SDR so it could serve as “an international reserve currency that is disconnected from individual nations”.
In March this year Chinese Premier Li Keqiang told IMF managing director Christine Lagarde that China intended to accelerate reforms needed to meet the criteria for SDR inclusion.
The IMF board will vote in November or December. Before that, a staff review this month will assess the renminbi’s suitability based on four criteria.
The first three — transaction volume in foreign exchange spot markets; transaction volume in forex derivatives markets; and use of the currency by central banks as reserves — are partly subjective, says Mr Prasad. So long as the renminbi is widely used, the IMF could determine that the criteria have been met, even if the renminbi ranks even lower than other non-SDR currencies on one or more measure.
The fourth hurdle, which essentially requires a yes or no decision on whether renminbi interest rates are market-based, will be much harder to clear.
Mr Zhou said in March that China may eliminate the administrative cap on bank deposit rates — the last interest rate in China subject to government control — by the end of this year. That might provide the opening IMF board members need to admit China into the SDR club.
But the US is likely to push back by urging the IMF to interpret its rules strictly and arguing for the SDR to be used as an incentive to press for greater financial liberalisation.
Mr Zhou’s statement leaves ample flexibility to delay freeing up deposit rates if economic conditions change — a scenario that looks increasingly plausible.
China has cut benchmark interest rates twice since November in a bid to reduce financing costs for businesses amid a slowing economy. Removing the deposit-rate cap would probably have the opposite effect, pushing rates higher as banks compete for funds.
“We believe that the RMB’s inclusion in the SDR (and indeed RMB internationalization itself) is being used mainly as a goalpost, to catalyst domestic financial sector reforms, especially interest rate liberalization and China’s capital account opening,” Tao Wang, UBS China economist, wrote recently.
The fund has already signaled its approval of recent reforms to loosen the government’s tight grip on the currency. Markus Rodlauer, deputy director of the IMF’s Asia-Pacific department, said during Ms Lagarde’s visit that the renminbi exchange rate was “moving toward equilibrium”, a shift in tone from the fund’s longstanding assessment that the exchange rate is “undervalued”.
IMF rules require a review of the SDR basket at least every five years but more frequent reviews are permitted. That leaves open the possibility of a compromise in which the IMF decides the renminbi is close to meeting the relevant criteria but still falls short, and schedules another review sooner than 2020.
However, such a move would not be without risk.
“It will be seen as a slap in Beijing’s face if the IMF chooses to punt on this issue now,” says Mr Prasad. “That would really poison the relationship between the IMF and China.”
LINK
DID WE READ THAT CORRECTLY LOOK THE YUAN WILL BE THE GOALPOST TO CATALYST DOMESTIC FINANCIAL REFORMS?
HUMMM HOW ABOUT THAT?
AND THERE IS SO MUCH MORE WE TALKED ABOUT TODAY.
NOW CAN WE DRAW A STRAIGHT LINE FROM THE YUAN TO THE DINAR?
NO WE CAN NOT BUT WITH THE FREEDOM OF MOVEMENT OF THE YUAN WILL COME MARKET CHANGES ALL OVER THE GLOBE. EVERY COUNTRY JUST ABOUT IS IN TRADE CONTRACTS WITH CHINA. THERE FOR EVERY COUNTRY WILL REACT TO ANY PRICE CHANGE.
THE IMF MEETS THIS MONTH TO HAVE TALKS ABOUT THE YUAN AND HOPEFULLY SOON AFTER THAT THIS MOVEMENT WILL START.
HERE ARE SOME MORE LINKS AND COVERAGE OF THE YUAN. AGAIN WE THINK THAT IRAQ IS WAITING ALSO AND THEY WILL BE REACTIONARY ALONG WITH THE REST OF THE MARKETS WHEN THIS HAPPENS. REMEMBER IRAQ IS IN BILATERAL AGREEMENTS WITH CHINA TOO.
China gets backed into a corner by the ‘Impossible Trinity’
Published: May 3, 2015 10:20 p.m. ET
http://ift.tt/1c2g4eJ
http://ift.tt/1KFFPO3
http://ift.tt/1bTCNJK
CNBC SQUAWK BOX
IMF COULD DECLARE THE YUAN FAIRLY VALUED, WHAT DOES IT MEAN?
http://ift.tt/1K5yBlj
China stocks and economy on diverging paths
http://ift.tt/1K5yDtC
China says to accelerate reforms to support yuan in IMF currency basket
http://ift.tt/1Jgvwyz
WELL THIS IS ONLY A FEW ARTICLES TO SUPPORT OUR CONVERSATION TODAY.
1) THE CBI HAS VERY CLEARLY SAID THEY WILL BE INTRODUCING THE NEW 50,000. NOTE. THIS IS NOT A COIN OR A MISPRINT OR ANY SUCH THING THEY HAVE EVEN GONE SO FAR AS TO DESCRIBE THE TREES AND SUCH THAT WILL BE ON IT. ALI MOSHEN ISMAIL CURRENT GOVERNOR OF THE CENTRAL BANK MET WITH THE PARLIAMENTARY FINANCE COMMITTEE LAST SUNDAY AND EXPLAINED IN PERSON ABOUT THE 50,000 NOTE.
HERE GO READ FOR YOURSELVES IT IS ON PARLIAMENTS WEBSITE.
http://ift.tt/1JSTrrn
The economic and investment commission hosts the Governor of the Central Bank
May 03 .2015
The economic and investment commission hosted on Sunday, 05/03/2015, headed by MP Jawad al- Chairman of the Committee and the presence of Messrs members, Mr. Ali Keywords Governor of the Central Bank to discuss the monetary policy of the Bank and ways to encourage the private sector.
The head of the economic and investment commission during the meeting that it is important at this stage where the country is suffering from the financial and economic crises that operate fiscal and monetary policies to promote economic reality which is viewed with hope for investment and the private sector. "
He said al-Bolani said on relevant policy monetary act now and quickly to invest the money supply available and channeled properly to support private sector companies and banks sector, and here this liquidity will work as an engine driver of investment which will generate additional financial returns and increases the total national income and gross domestic product (GDP).
For his part, Governor of the Central Bank announced the completion of the final touches to issue a new currency of 50 000 dinars category which would reduce the volume of cash in circulation.
The Keywords that the central bank began lending process biggest banks sector and private banks and invest the money in investment projects and also support various economic sectors such as agriculture, industry, housing and others.
YOU SEE BACK IN MARCH THE CENTRAL BANK PUT OUT ON ITS SITE A PDF THAT CLEARLY SAID THEY WOULD BE RECALLING THE NEW 50 DINAR NOTE. THEY FURTHER SAID THERE WOULD BE NO REPLACEMENT FOR IT.
THEY SAID THE NOTE HAD NOT BEEN USED SINCE 2004 AND THEY SAID THEY WOULD BE GIVING NOTE HOLDERS AN ELECTRONIC CREDIT. THEY NEVER EVER SAID THEY WOULD BE REPLACING THE NOTE.
2) WE ALSO COVERED THE SALE OF THE BONDS AND THE CREDIT RATING AND THE SEPARATION OF CENTRAL BANK AND STATE.
3) WE COVERED THE BUZZ THAT IS ALL OVER ABOUT THE DINAR RETURNING TO THE FORMER PRICE COMPARED TO THE DOLLAR. NOW THOSE WORDS IN ENGLISH SOUND GOOD BUT ACTUALLY THERE ARE SEVERAL ARTICLES THAT SPEAK TO THIS AS WELL AS THE CBI WEB SITE.
THE FORMER EXCHANGE RATE OF THE DINAR BEFORE IT ROSE TO 1300+ WAS 1200+ TO 1. THIS IS THE FORMER NUMBER THEY ARE TALKING ABOUT AND IT SAYS SO VERY CLEARLY IN THE ARTICLES WE TALKED ABOUT IN OUR LAST 2 POSTS HERE IN RECAPS. SO YOU CAN GO READ THEM AND YOU WILL SEE THE PROOF OF THIS.
http://ift.tt/1GA6jSl
http://ift.tt/1HFhsjV
NOW WITH THAT OUT OF THE WAY WHERE DO WE THINK WE ARE NOW?
WELL WE ARE RIGHT IN THE MIDDLE OF EXCITING TIMES. WE LEARNED SO MUCH FROM THE IMF SPRING MEETINGS A FEW WEEKS AGO. THAT’S WHEN WE STARTED PUTTING TOGETHER THAT IRAQ WOULD NT BE RE PRICING THEIR CURRENCY AS A SINGLE ENTITY BUT WOULD BE RE PRICING MOST LIKELY AS A REACTION TO THE FREE MOVEMENT OF THE YUAN.
THIS WEEK WE SAW SO MUCH FROM THE IMF TALKING ABOUT CHINA BEING THE GOALPOST OF THE NEW BANKING SYSTEM. HERE HAVE A LOOK
May 5, 2015 5:56 am
China knocks on door of reserve currency club
The internationalization of China’s renminbi faces its stiffest test yet as the International Monetary Fund debates whether to endorse the “redback” as a reserve currency alongside the dollar, euro, yen and sterling.
Becoming a constituent in the IMF’s Special Drawing Rights basket would be a big step forward for the currency, which remains tightly controlled by Beijing. Economist Louis Gave of GaveKal Dragonomics likens the move to Japan’s currency liberalization in the 1980s and the subsequent run-up in yen assets.
“Very quickly, global equity and bond investors were chasing their own tails, pushing up the value of the yen together with Japanese equity and bond valuations to regular new highs.” (From which, of course, they subsequently retreated as the bubble imploded.)
However, the rewards for Beijing would be more than simply financial: acquiring SDR rights would be a powerful boost to its geopolitical ambitions.
“For China, SDR basket inclusion is symbolic to global recognition of its rise in status,” Paul Mackel, head of Asia forex research at HSBC, wrote in a recent report. “The very stringent requirements for currency inclusion in the SDR serve as a quality assurance to global users that the currency in question is indeed very liquid and stable as a store of value.”
That will feed into the IMF’s deliberations. “The crux of the matter is that this is ultimately going to be decided on political rather than economic merits,” says Eswar Prasad, economics professor at Cornell University and former China country director for the IMF.
China’s bid for more influence in the international monetary system began at the peak of the global financial crisis in March 2009, when central bank governor Zhou Xiaochuan published a paper in English titled “Reform the international monetary system”.
Mr Zhou argued that the global financial crisis had exposed the vulnerabilities of over-reliance on the dollar, and proposed beefing up the SDR so it could serve as “an international reserve currency that is disconnected from individual nations”.
In March this year Chinese Premier Li Keqiang told IMF managing director Christine Lagarde that China intended to accelerate reforms needed to meet the criteria for SDR inclusion.
The IMF board will vote in November or December. Before that, a staff review this month will assess the renminbi’s suitability based on four criteria.
The first three — transaction volume in foreign exchange spot markets; transaction volume in forex derivatives markets; and use of the currency by central banks as reserves — are partly subjective, says Mr Prasad. So long as the renminbi is widely used, the IMF could determine that the criteria have been met, even if the renminbi ranks even lower than other non-SDR currencies on one or more measure.
The fourth hurdle, which essentially requires a yes or no decision on whether renminbi interest rates are market-based, will be much harder to clear.
Mr Zhou said in March that China may eliminate the administrative cap on bank deposit rates — the last interest rate in China subject to government control — by the end of this year. That might provide the opening IMF board members need to admit China into the SDR club.
But the US is likely to push back by urging the IMF to interpret its rules strictly and arguing for the SDR to be used as an incentive to press for greater financial liberalisation.
Mr Zhou’s statement leaves ample flexibility to delay freeing up deposit rates if economic conditions change — a scenario that looks increasingly plausible.
China has cut benchmark interest rates twice since November in a bid to reduce financing costs for businesses amid a slowing economy. Removing the deposit-rate cap would probably have the opposite effect, pushing rates higher as banks compete for funds.
“We believe that the RMB’s inclusion in the SDR (and indeed RMB internationalization itself) is being used mainly as a goalpost, to catalyst domestic financial sector reforms, especially interest rate liberalization and China’s capital account opening,” Tao Wang, UBS China economist, wrote recently.
The fund has already signaled its approval of recent reforms to loosen the government’s tight grip on the currency. Markus Rodlauer, deputy director of the IMF’s Asia-Pacific department, said during Ms Lagarde’s visit that the renminbi exchange rate was “moving toward equilibrium”, a shift in tone from the fund’s longstanding assessment that the exchange rate is “undervalued”.
IMF rules require a review of the SDR basket at least every five years but more frequent reviews are permitted. That leaves open the possibility of a compromise in which the IMF decides the renminbi is close to meeting the relevant criteria but still falls short, and schedules another review sooner than 2020.
However, such a move would not be without risk.
“It will be seen as a slap in Beijing’s face if the IMF chooses to punt on this issue now,” says Mr Prasad. “That would really poison the relationship between the IMF and China.”
LINK
DID WE READ THAT CORRECTLY LOOK THE YUAN WILL BE THE GOALPOST TO CATALYST DOMESTIC FINANCIAL REFORMS?
HUMMM HOW ABOUT THAT?
AND THERE IS SO MUCH MORE WE TALKED ABOUT TODAY.
NOW CAN WE DRAW A STRAIGHT LINE FROM THE YUAN TO THE DINAR?
NO WE CAN NOT BUT WITH THE FREEDOM OF MOVEMENT OF THE YUAN WILL COME MARKET CHANGES ALL OVER THE GLOBE. EVERY COUNTRY JUST ABOUT IS IN TRADE CONTRACTS WITH CHINA. THERE FOR EVERY COUNTRY WILL REACT TO ANY PRICE CHANGE.
THE IMF MEETS THIS MONTH TO HAVE TALKS ABOUT THE YUAN AND HOPEFULLY SOON AFTER THAT THIS MOVEMENT WILL START.
HERE ARE SOME MORE LINKS AND COVERAGE OF THE YUAN. AGAIN WE THINK THAT IRAQ IS WAITING ALSO AND THEY WILL BE REACTIONARY ALONG WITH THE REST OF THE MARKETS WHEN THIS HAPPENS. REMEMBER IRAQ IS IN BILATERAL AGREEMENTS WITH CHINA TOO.
China gets backed into a corner by the ‘Impossible Trinity’
Published: May 3, 2015 10:20 p.m. ET
http://ift.tt/1c2g4eJ
http://ift.tt/1KFFPO3
http://ift.tt/1bTCNJK
CNBC SQUAWK BOX
IMF COULD DECLARE THE YUAN FAIRLY VALUED, WHAT DOES IT MEAN?
http://ift.tt/1K5yBlj
China stocks and economy on diverging paths
http://ift.tt/1K5yDtC
China says to accelerate reforms to support yuan in IMF currency basket
http://ift.tt/1Jgvwyz
WELL THIS IS ONLY A FEW ARTICLES TO SUPPORT OUR CONVERSATION TODAY.
LOOK AROUND EVERYONE EVERY WHERE IS TALKING ABOUT THE YUAN.
BILL GATES IS TALKING ABOUT IT , WARREN BUFFETT IS TALKING ABOUT IT. CENTRAL BANKERS ACROSS THE GLOBE ARE TALKING ABOUT IT. THE GULF COMMUNITY COUNCIL AND DUBAI IS TALKING ABOUT IT. FOR HEAVENS SAKE EVEN IRAQ IS TALKING ABOUT IT.
THIS WILL BE THE START OF THE NEW BANKING SYSTEM; THIS WILL BE THE START OF THE SDR SYSTEM COMING OUT. THIS SYSTEM HAS BEEN PLANNED FOR 45 YEARS SO FAR. HOW AMAZING IS THAT? THERE IS TALK OF THE SDR SYSTEM ALL OVER TOO.
AT THE END OF LAST YEAR WHEN NOVA AND I SAID THIS SYSTEM HAS BEEN IN THE WORKS FOR OVER 40 YEARS SOME OF YOU FOLKS THOUGHT WE WERE CRAZY! LOL..WELL NOW WE SEE IT IN INK EVERY WHERE.
THIS IS ALL INFORMATION THAT WE NEED TO KNOW AND WE NEED TO UNDERSTAND. THERE ARE MANY CHANGES IN THE IMMEDIATE FUTURE AND CURRENCY RE PRICING IS ONLY ONE OF THEM.
THERE IS ALSO A TIME CRUNCH ON ALL OF THIS. FOR THE YUAN TO MAKE THE JANUARY SDR BASKET IT WILL NEED TO HAVE FREEDOM OF MOVEMENT VERY SOON.
THAT MOVEMENT TO BE CONVERTIBLE AND CROSS BORDERS FREELY IS WHAT WILL CAUSE A SHIFT TO HAPPEN ALL AROUND THE GLOBE. WHY IS THAT?
BECAUSE SO MANY COUNTRIES ARE IN TRADE AGREEMENTS WITH CHINA THAT ANY SHIFT IN CURRENCY WILL SET OF A MARKET TSUNAMI.
LIKEWISE THE DINAR IS ON THE SAME PATH AS THE YUAN EXCEPT IT WILL NOT HAVE RESERVE STATUS IN THE BASKET.
THE DINAR WILL BE AMONG THE OTHER +1 CURRENCIES. IT WILL BE USED AS A DONOR CURRENCY OR A SUPPORT CURRENCY AS TOLD TO US FROM DR. SHABIBI IN JACKSON HOLE A FEW YEARS AGO.
SO WHERE ARE WE NOW?
WELL WE THINK WE ARE MUCH FURTHER ALONG THAN WE REALIZE.
ALL MARKET CORRECTIONS AND CENTRAL BANKS SPEAK TO THE NOW FOR BIG THINGS TO START HAPPENING.
MONEY IS MOVING IN THE BOND MARKETS, THINGS ARE TAKING SHAPE AND WE SHOULD SEE WHAT WE ARE LOOKING FOR SOON.
I SUGGEST YOU COME OUT OF IRAQ NOW; THE ANSWER YOU SEEK IS NOT THERE. THE GOI HAS NOTHING TO DO WITH WHAT IS ABOUT TO HAPPEN. THE CBI HAS THEIR SEATBELT FASTENED AND ARE READY TO MOVE FORWARD AS SOON AS IT’S THEIR TURN.
THINK OF THE NEW SYSTEM AND THE SDR BASKET AS A SLEIGH GOING DOWN A SNOWY MOUNTAIN AND THE YUAN AS THE BIG PUSH THAT GETS IT GOING FROM THE TOP OF THE MOUNTAIN. AS THE SLEIGH RACES DOWN THE MOUNTAIN GAINING SPEED IT WILL BE SCOOPING UP MANY CURRENCIES AND ADDING IT ONTO THE SLEIGH.
WELL IRAQ WILL BE ONE OF THOSE CURRENCIES TOO. BUT BEFORE IRAQ CAN JUMP ON THE SLEIGH IT NEEDS TO TRADE ITS CURRENCY FREELY ACROSS BORDERS TOO. SO IF IT DOES NOT WANT TO MISS THIS OPPORTUNITY IT WILL NEED TO SET THE DINAR FREE ALSO.
WELL THAT’S ABOUT ALL WE HAVE TO SAY, LISTEN TO THE CALL FREE YOURSELF FROM THE MUNDANE DAY TO DAY POLITICAL IRAQ NOISE AND WATCH WHAT THE FUTURE HOLDS FOR ALL OF US. WITH OR WITH OUT THE DINAR THIS NEW SYSTEM IS UPON US. WE NEED TO LEARN IT AND THE TIME IS NOW!!
LOVE TO ALL MY LADIES AND NOVA
P.S. THE END OF THE CALL WE TALK ABOUT THE DONG A LITTLE BIT.
BILL GATES IS TALKING ABOUT IT , WARREN BUFFETT IS TALKING ABOUT IT. CENTRAL BANKERS ACROSS THE GLOBE ARE TALKING ABOUT IT. THE GULF COMMUNITY COUNCIL AND DUBAI IS TALKING ABOUT IT. FOR HEAVENS SAKE EVEN IRAQ IS TALKING ABOUT IT.
THIS WILL BE THE START OF THE NEW BANKING SYSTEM; THIS WILL BE THE START OF THE SDR SYSTEM COMING OUT. THIS SYSTEM HAS BEEN PLANNED FOR 45 YEARS SO FAR. HOW AMAZING IS THAT? THERE IS TALK OF THE SDR SYSTEM ALL OVER TOO.
AT THE END OF LAST YEAR WHEN NOVA AND I SAID THIS SYSTEM HAS BEEN IN THE WORKS FOR OVER 40 YEARS SOME OF YOU FOLKS THOUGHT WE WERE CRAZY! LOL..WELL NOW WE SEE IT IN INK EVERY WHERE.
THIS IS ALL INFORMATION THAT WE NEED TO KNOW AND WE NEED TO UNDERSTAND. THERE ARE MANY CHANGES IN THE IMMEDIATE FUTURE AND CURRENCY RE PRICING IS ONLY ONE OF THEM.
THERE IS ALSO A TIME CRUNCH ON ALL OF THIS. FOR THE YUAN TO MAKE THE JANUARY SDR BASKET IT WILL NEED TO HAVE FREEDOM OF MOVEMENT VERY SOON.
THAT MOVEMENT TO BE CONVERTIBLE AND CROSS BORDERS FREELY IS WHAT WILL CAUSE A SHIFT TO HAPPEN ALL AROUND THE GLOBE. WHY IS THAT?
BECAUSE SO MANY COUNTRIES ARE IN TRADE AGREEMENTS WITH CHINA THAT ANY SHIFT IN CURRENCY WILL SET OF A MARKET TSUNAMI.
LIKEWISE THE DINAR IS ON THE SAME PATH AS THE YUAN EXCEPT IT WILL NOT HAVE RESERVE STATUS IN THE BASKET.
THE DINAR WILL BE AMONG THE OTHER +1 CURRENCIES. IT WILL BE USED AS A DONOR CURRENCY OR A SUPPORT CURRENCY AS TOLD TO US FROM DR. SHABIBI IN JACKSON HOLE A FEW YEARS AGO.
SO WHERE ARE WE NOW?
WELL WE THINK WE ARE MUCH FURTHER ALONG THAN WE REALIZE.
ALL MARKET CORRECTIONS AND CENTRAL BANKS SPEAK TO THE NOW FOR BIG THINGS TO START HAPPENING.
MONEY IS MOVING IN THE BOND MARKETS, THINGS ARE TAKING SHAPE AND WE SHOULD SEE WHAT WE ARE LOOKING FOR SOON.
I SUGGEST YOU COME OUT OF IRAQ NOW; THE ANSWER YOU SEEK IS NOT THERE. THE GOI HAS NOTHING TO DO WITH WHAT IS ABOUT TO HAPPEN. THE CBI HAS THEIR SEATBELT FASTENED AND ARE READY TO MOVE FORWARD AS SOON AS IT’S THEIR TURN.
THINK OF THE NEW SYSTEM AND THE SDR BASKET AS A SLEIGH GOING DOWN A SNOWY MOUNTAIN AND THE YUAN AS THE BIG PUSH THAT GETS IT GOING FROM THE TOP OF THE MOUNTAIN. AS THE SLEIGH RACES DOWN THE MOUNTAIN GAINING SPEED IT WILL BE SCOOPING UP MANY CURRENCIES AND ADDING IT ONTO THE SLEIGH.
WELL IRAQ WILL BE ONE OF THOSE CURRENCIES TOO. BUT BEFORE IRAQ CAN JUMP ON THE SLEIGH IT NEEDS TO TRADE ITS CURRENCY FREELY ACROSS BORDERS TOO. SO IF IT DOES NOT WANT TO MISS THIS OPPORTUNITY IT WILL NEED TO SET THE DINAR FREE ALSO.
WELL THAT’S ABOUT ALL WE HAVE TO SAY, LISTEN TO THE CALL FREE YOURSELF FROM THE MUNDANE DAY TO DAY POLITICAL IRAQ NOISE AND WATCH WHAT THE FUTURE HOLDS FOR ALL OF US. WITH OR WITH OUT THE DINAR THIS NEW SYSTEM IS UPON US. WE NEED TO LEARN IT AND THE TIME IS NOW!!
LOVE TO ALL MY LADIES AND NOVA
P.S. THE END OF THE CALL WE TALK ABOUT THE DONG A LITTLE BIT.
via Dinar Recaps - Our Blog http://ift.tt/1JSTsLZ
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