Early Tuesday Morning:
TNT:
Iko Ward: Overnight summary...China came out of the gate with a sharp drop of 4.5" only to end up at 1.8% loss, but the rest of Asia fell anywhere from 2.2 to 3.9%. Europe averaging 2% with Germany in the lead at -2.5%. Saudis down 2% as well, ISX dropped another quarter. US futures are down. Forex is still playing their little 3 point ping pong game.
NurseGinger: I am following the money. I've been following the markets and the money now for 6 years. It's like a bouncing ball...who knows who's hands the ball will land into next...this ball seems to always be changing hands
Rrrr: ginger... it's gonna be a crazy time the nexts 2 weeks... Hold on... there is soooo much going on... In Iraq, and the entire world…. t looks like the national guard law, investment laws, and the banking laws are ready to be announced/implemented... I think they will go with the RV... the question, as tony says, is WHEN?
...
TNT:
Iko Ward: Overnight summary...China came out of the gate with a sharp drop of 4.5" only to end up at 1.8% loss, but the rest of Asia fell anywhere from 2.2 to 3.9%. Europe averaging 2% with Germany in the lead at -2.5%. Saudis down 2% as well, ISX dropped another quarter. US futures are down. Forex is still playing their little 3 point ping pong game.
NurseGinger: I am following the money. I've been following the markets and the money now for 6 years. It's like a bouncing ball...who knows who's hands the ball will land into next...this ball seems to always be changing hands
Rrrr: ginger... it's gonna be a crazy time the nexts 2 weeks... Hold on... there is soooo much going on... In Iraq, and the entire world…. t looks like the national guard law, investment laws, and the banking laws are ready to be announced/implemented... I think they will go with the RV... the question, as tony says, is WHEN?
...
Rrrr: the question is: will the RV happen before or after things get really ugly here in the US!
NurseGinger: China has always had a 5 year, 10 year, 15 year and 20 year plan. The question is which plan are the putting into effect….. Things are occurring around the global. One country may have been the catalyst but this has snowballed into something completely different.
Rrrr: ginger, when Maliki and his years of embedded corruption are eliminated, then Shabibi will be named CBI Governor... This is inevitable... but... Does this need to happen before the RV can happen... Tony says no, according to his contacts... either way, Iraq, and the world, are on a precipice that will never been seen again
UKmtb: we seem to be at a pivotal point in history when there is no going back to the old ways of printing money to get out of financial problems. What a relief!
Rrrr: uk.... a September crash on wall street has been predicted for months... and not just by the conspiracy theorists
NurseGinger: Asian markets are RED.
Fitzgerald: A STORM IS COMING THIS AM AND I HOPE IT BRINGS THE RV WITH IT
EF: And for the record I am not trying to cause any scare tactics to anyone I'm just reporting what I see and what is my opinion I've been telling you now for two weeks the market was going down well look what happened and starting today The slide that I sent was going to happen on Friday has begun and the word out of Jackson hole is they do not have an answer for this…. Pain coming from the failure of the Fiat system in its entirety. Better times come from an asset backed system. The pain is tough and will be tough until we get to that change IMO.
TnDr: In the spirit of balance the market has historically been tough in Sept. and Oct. This may add to the "denial" of the established ones.
Martha: I would say from the markets that we are.ready for another fall
Orgson: MArtha - Let it fall hard.
************
Martha: China is going to keep stirring the pot-it is a wake up call
Martha: October 1 is the new budget-woulnt it be great to enter with a balanced sheet?.... all I can say is that the US needs this rv in the worst way and not just for oil credits.it needs the true value of the dinar to offset the deficit
EF: FED is scrambling but I don't think they have a solution. The only solution is a gcr/RV IMO. This is speaking volumes.
Martha: IMO everything needs to crash and burn so that we as a country can rise up from the ashes and start new
**********************************************
Dinar Updates:
BGG Reuters Article "...an Iraqi parliamentary report named Iraq’s former prime minister, Nouri al-Maliki, among dozens of officials responsible for the collapse of security forces and the fall of Mosul to Islamic State militants last summer."
This is MAINSTREAM - Iraqis now hope that Maliki and other officials will stand trial and be held to account for why militants were able to capture the northern city with so little resistance.
(Maliki dismissed the parliamentary investigation as “worthless,” and he blamed Mosul’s fall on a conspiracy by Turkish and Kurdish leaders.) they (many Iraqi's) are hopeful (we should be too...) he will stand trial.
Quote: "...Maliki is poised to lose his ceremonial post as one of Iraq’s three vice presidents under a series of reforms that the current prime minister, Haider al-Abadi, is trying to enact."
Or probably already has "lost his position"...there is NO WAY the WB/IMF will let this get overturned - Abadi will get worldwide support for this... it shows the very character of the struggle going on in Iraq RIGHT NOW.
I don't think Maliki will survive this onslaught...AND I think if anyone can "dethrone" Maliki from in front of the PMU - IT'S SISTANI!!
He's the driving force behind the support Abadi has and is the catalyst for these reforms!!
NurseGinger: China has always had a 5 year, 10 year, 15 year and 20 year plan. The question is which plan are the putting into effect….. Things are occurring around the global. One country may have been the catalyst but this has snowballed into something completely different.
Rrrr: ginger, when Maliki and his years of embedded corruption are eliminated, then Shabibi will be named CBI Governor... This is inevitable... but... Does this need to happen before the RV can happen... Tony says no, according to his contacts... either way, Iraq, and the world, are on a precipice that will never been seen again
UKmtb: we seem to be at a pivotal point in history when there is no going back to the old ways of printing money to get out of financial problems. What a relief!
Rrrr: uk.... a September crash on wall street has been predicted for months... and not just by the conspiracy theorists
NurseGinger: Asian markets are RED.
Fitzgerald: A STORM IS COMING THIS AM AND I HOPE IT BRINGS THE RV WITH IT
EF: And for the record I am not trying to cause any scare tactics to anyone I'm just reporting what I see and what is my opinion I've been telling you now for two weeks the market was going down well look what happened and starting today The slide that I sent was going to happen on Friday has begun and the word out of Jackson hole is they do not have an answer for this…. Pain coming from the failure of the Fiat system in its entirety. Better times come from an asset backed system. The pain is tough and will be tough until we get to that change IMO.
TnDr: In the spirit of balance the market has historically been tough in Sept. and Oct. This may add to the "denial" of the established ones.
Martha: I would say from the markets that we are.ready for another fall
Orgson: MArtha - Let it fall hard.
************
Martha: China is going to keep stirring the pot-it is a wake up call
Martha: October 1 is the new budget-woulnt it be great to enter with a balanced sheet?.... all I can say is that the US needs this rv in the worst way and not just for oil credits.it needs the true value of the dinar to offset the deficit
EF: FED is scrambling but I don't think they have a solution. The only solution is a gcr/RV IMO. This is speaking volumes.
Martha: IMO everything needs to crash and burn so that we as a country can rise up from the ashes and start new
**********************************************
Dinar Updates:
BGG Reuters Article "...an Iraqi parliamentary report named Iraq’s former prime minister, Nouri al-Maliki, among dozens of officials responsible for the collapse of security forces and the fall of Mosul to Islamic State militants last summer."
This is MAINSTREAM - Iraqis now hope that Maliki and other officials will stand trial and be held to account for why militants were able to capture the northern city with so little resistance.
(Maliki dismissed the parliamentary investigation as “worthless,” and he blamed Mosul’s fall on a conspiracy by Turkish and Kurdish leaders.) they (many Iraqi's) are hopeful (we should be too...) he will stand trial.
Quote: "...Maliki is poised to lose his ceremonial post as one of Iraq’s three vice presidents under a series of reforms that the current prime minister, Haider al-Abadi, is trying to enact."
Or probably already has "lost his position"...there is NO WAY the WB/IMF will let this get overturned - Abadi will get worldwide support for this... it shows the very character of the struggle going on in Iraq RIGHT NOW.
I don't think Maliki will survive this onslaught...AND I think if anyone can "dethrone" Maliki from in front of the PMU - IT'S SISTANI!!
He's the driving force behind the support Abadi has and is the catalyst for these reforms!!
Late Monday Night:
TNT:
Iko Ward : So Forex polled positive, 1119.4 to 1117.8, a whopping 1.6. As we all know in long term relations, it's the little things that count. DOW is promising another down day. It's already September on the other side of the globe.
Iko ward: Asia starting off in the red at -2.3%. US futures all down 1%. Dubai heading negative. Gold going up. Too early to tell if there's panic. So the bleeding begins... Shanghai sliding past 4%
LocoFelipe: once again.... it is looking like SOMEONE didn't do what they had commited to do.... and now, we will see the reaction of the countries that they lied to..... we are in for a ride this week folks. hold on!!
EF: Told all last week this week was going to be brutal. Seems it is setting up just as such IMO….Fireworks in the Markets all week long. plunge on horizon.
************
Pawformer: My friend who is also in this…. lives in Houston - his wife went to Wells Fargo and saw a sign inside sayin "foreign exchange", step inside". She left because the lines were too long but called them on the way home and asked what it was all about. They told her they are exchanging several kinds of foreign currencies. My friend's have never seen that displayed in a bank and she said the sign said "NEW" on top of it. Anybody heard anything similar or have any idea about it?
Sarek: Paw...did she by chance ask what currency they were exchanging?
Pawformer: Serek - unfortunately, no. She had always heard not to mention that to the banks, so she didn't. Kicking herself now.
Sarek: I just wonder since the ptb now know we know the 1 mouse..2nd mouse, and third....if maybe they might flip the script...who knows
expect the unexpected...go with a "so if" philosophy...so if they do this ...than I need to do that instead..
********************************
KTFA:
Pdids: Three presidencies confirm the approval of the National Guard and federal with economic reforms
Baghdad-where]
Fuad Masum, the President and Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri met at the Peace Palace in Baghdad on Monday evening and during which they discussed the security situation and file reforms and ways to strengthen state-building and issues related to the completion of the legislation.
According to a presidential statement received by the agency all of Iraq [where] a copy of it, that "the meeting expressed their support for practical steps that meet the interests of the Iraqi people to accomplish what was voted on government and parliamentary reforms."
The prime minister according to the statement "the need to go all the reforms are carried out in accordance with the Constitution and the law."
"It also has praise military operations led by the Iraqi army and security forces and members of the popular crowd and the Peshmerga and the sons of the tribes in Anbar and Peggy multiple areas of Iraq."
The meeting saw "the importance of the completion of key legislation, including the National Guard and the Federal Court and national reconciliation laws."
He also emphasized that "the economic and financial side is one of the priorities of the executive and legislative bodies that are being focused on reforms in the file, stressing that the provision of essential services to the Iraqi citizen is located within the basic obligations that state institutions seeking to implement" .anthy
http://ift.tt/1fShdXS
**************
McDan: Looks like from the last paragraph bluedog may want to enjoy reading the last paragraph.
He also emphasized that "the economic and financial side is one of the priorities of the executive and legislative bodies that are being focused on reforms in the file, stressing that the provision of essential services to the Iraqi citizen is located within the basic obligations that state institutions seeking to implement" .anthy
*************
Bluedog : I VERY MUCH ENJOYED THIS ............... YES ....... NOW WE WATCH WHEN WILL THEY VOTE ON IT AND I AM SURE IT WILL BE UNANIMOUS VOTE THAT WILL ONLY TAKE ONE VOTE ............. THEN WE WAIT TO SEE WHEN IT IS ENACTED SHOULD BE VERY QUICK IMO ......... ........ BLUEDOG
TNT:
Iko Ward : So Forex polled positive, 1119.4 to 1117.8, a whopping 1.6. As we all know in long term relations, it's the little things that count. DOW is promising another down day. It's already September on the other side of the globe.
Iko ward: Asia starting off in the red at -2.3%. US futures all down 1%. Dubai heading negative. Gold going up. Too early to tell if there's panic. So the bleeding begins... Shanghai sliding past 4%
LocoFelipe: once again.... it is looking like SOMEONE didn't do what they had commited to do.... and now, we will see the reaction of the countries that they lied to..... we are in for a ride this week folks. hold on!!
EF: Told all last week this week was going to be brutal. Seems it is setting up just as such IMO….Fireworks in the Markets all week long. plunge on horizon.
************
Pawformer: My friend who is also in this…. lives in Houston - his wife went to Wells Fargo and saw a sign inside sayin "foreign exchange", step inside". She left because the lines were too long but called them on the way home and asked what it was all about. They told her they are exchanging several kinds of foreign currencies. My friend's have never seen that displayed in a bank and she said the sign said "NEW" on top of it. Anybody heard anything similar or have any idea about it?
Sarek: Paw...did she by chance ask what currency they were exchanging?
Pawformer: Serek - unfortunately, no. She had always heard not to mention that to the banks, so she didn't. Kicking herself now.
Sarek: I just wonder since the ptb now know we know the 1 mouse..2nd mouse, and third....if maybe they might flip the script...who knows
expect the unexpected...go with a "so if" philosophy...so if they do this ...than I need to do that instead..
********************************
KTFA:
Pdids: Three presidencies confirm the approval of the National Guard and federal with economic reforms
Baghdad-where]
Fuad Masum, the President and Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri met at the Peace Palace in Baghdad on Monday evening and during which they discussed the security situation and file reforms and ways to strengthen state-building and issues related to the completion of the legislation.
According to a presidential statement received by the agency all of Iraq [where] a copy of it, that "the meeting expressed their support for practical steps that meet the interests of the Iraqi people to accomplish what was voted on government and parliamentary reforms."
The prime minister according to the statement "the need to go all the reforms are carried out in accordance with the Constitution and the law."
"It also has praise military operations led by the Iraqi army and security forces and members of the popular crowd and the Peshmerga and the sons of the tribes in Anbar and Peggy multiple areas of Iraq."
The meeting saw "the importance of the completion of key legislation, including the National Guard and the Federal Court and national reconciliation laws."
He also emphasized that "the economic and financial side is one of the priorities of the executive and legislative bodies that are being focused on reforms in the file, stressing that the provision of essential services to the Iraqi citizen is located within the basic obligations that state institutions seeking to implement" .anthy
http://ift.tt/1fShdXS
**************
McDan: Looks like from the last paragraph bluedog may want to enjoy reading the last paragraph.
He also emphasized that "the economic and financial side is one of the priorities of the executive and legislative bodies that are being focused on reforms in the file, stressing that the provision of essential services to the Iraqi citizen is located within the basic obligations that state institutions seeking to implement" .anthy
*************
Bluedog : I VERY MUCH ENJOYED THIS ............... YES ....... NOW WE WATCH WHEN WILL THEY VOTE ON IT AND I AM SURE IT WILL BE UNANIMOUS VOTE THAT WILL ONLY TAKE ONE VOTE ............. THEN WE WAIT TO SEE WHEN IT IS ENACTED SHOULD BE VERY QUICK IMO ......... ........ BLUEDOG
via Dinar Recaps - Our Blog http://ift.tt/1igczVk
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