KTFA:
Islandg1211: Frank, thank you for another great CC last night
.
It was good to learn of the progress our military is making against ISIS.
The progress with the monetary reform is really becoming public as these IMF meetings, loans and the implementation of the Stand By Agreements unfold. The IMF requirements for the Nov 10, 2015 LOI from Iraq, IMO, are being met on time in order for these loans to be going through. Article VIII is center to all the work the IMF is doing with Iraq.
Frank is correct. Sadre is the originator of the technocrat government idea, and not Abadi. His protests descending upon the Green Zone sends the message that he means business and isn't afraid to confront fellow Shiites that resist his reforms.
....
Islandg1211: Frank, thank you for another great CC last night
.
It was good to learn of the progress our military is making against ISIS.
The progress with the monetary reform is really becoming public as these IMF meetings, loans and the implementation of the Stand By Agreements unfold. The IMF requirements for the Nov 10, 2015 LOI from Iraq, IMO, are being met on time in order for these loans to be going through. Article VIII is center to all the work the IMF is doing with Iraq.
Frank is correct. Sadre is the originator of the technocrat government idea, and not Abadi. His protests descending upon the Green Zone sends the message that he means business and isn't afraid to confront fellow Shiites that resist his reforms.
....
Islandg1211: US military firmly supporting Abadi and the three ministers last weekend sent a very clear message. Yet, without Mosul, it's still difficult to remove the corrupt at the highest levels, namely, Maliki. But, we are chipping away at it. Arresting the ones under the higher level and getting the proof and finding the money trails is a part of the overall removal of corruption.
It takes time and is done in increments. Frank was so accurate in pointing out just how careful this has to unfold, particularly in the middle of the war against ISIS, because of the deep rooted Iranian connections and Iranian militias.
The Kurds are indispensable in retaking Mosul, so no corruption investigation against their leaders is going to get too far now. Unfortunately, Sadre's and Abadi's technocrat government reforms didn't go through the GOI. But Sadre isn't going to give up, and Maliki's group doesn't want Shiite on Shiite hostilities.
Although Obama is threatening to Veto Congress's law that would narrowly redefine foreign countries' immunity to allow damages being collected when US citizens die in the US as a result of a foreign government, the cat is out of the bag.
For those who only listened to what they were told about 9/11, they may be shocked to learn of the Saudi funding of terrorists and Bush's coverup of the 9/11 investigation.
For the rest us, I doubt the 28 pages becoming declassified is going to be anything new. I don't see the Bush complicity being a political problem for Trump, in fact, IMO, I see it helping him.
He was against the Iraq war, against both political parties, and is seen as a New Yorker directly affected by 9/11. He investigated Obama's birth certificate indicating he certainly isn't afraid to check facts and hold presidents accountable, which would presumably extend to Bush and the Saudis as well.
He doesn't come off as the type that would pardon the corrupt, which makes him a threat to many, including Hillary should she be convicted.
FYI, Obama is also meeting in London with PM Cameron and QE, before going to SA.
************
Cleitus: This article is HUGE! Backdoc alluded to this a few weeks ago that on the 19th a launch date will be set by China for gold trading by Asian Banks. Gold Spot prices set and ready. Take off 4/19/16! Everything IS coming together globally folks.
Great article Walkingstick!
Mountainman: I agree Cleitus.......Noticed STANDARD CHARTERED BANK=It's {ROOTS} are in the LONDON GOLD ARENA.........(IMO)= Only I See THE STAGE of {PHASES} being Established for ASSET BACKING from the EAST to the WEST
BASEL 3 Regs Require A "SMALL PORTION of GOLD" and VALUES are Established based On A Countries RESOURCES and the TRADING of
GOODS=GDP Production.....It's (NOT) by COINCIDENCE this is (Starting) NOW.....And CHINA, the Second LARGEST Economy in the WORLD.....Is Being Positioned brought to the STAGE So to Speak......ALL of this Appears to be Like A "BROADWAY PLAY" and As The PLAY Unfolds at Appropriate Intervals, the Characters are taking their (RIGHTFUL) ROLES/POSITIONS on said STAGE......
at their Appointed TIMES.....as VALUES are ALREADY SET/Somewhat ESTABLISHED=I believe Behind "CLOSED CURTAINS"....and OIL will Be Used as The IRON that SMOOTHS Out the WRINKLES for A COUNTRIES {SDR RIGHTS} in (DUE) Course as Well......The PHASES of PUBLIC VISIBILITY will be Exposed as EVENTS are (Done) in the GLOBAL MARKETS in [Increments] Like This.....and Much Will be EXPOSED as We APPROACH JUNE/BREXIT VOTE/WTO for IRAN/IRAQ and CHINA'S RESERVE CURRENCY Entrance= OCTOBER 1 2016......IMO
As A FOOTNOTE.....I Am (NOT) saying CHINA is NOW ASSET BACKED......But......The Establishing of VALUES and Specifically CHINA'S Entrance in OCTOBER is Creating VALUE for The YUAN.....In Due Course "VALUES" will be Exposed.....
Blessings,Mountainman (8)=New Beginnings......For MANY
Walkingstick: China launches yuan-denominated gold benchmark in Shanghai
Xinhua, April 19, 2016
China launched its yuan-denominated gold benchmark on Tuesday in Shanghai as it seeks to secure more sway in the pricing of the precious metal.
The Shanghai Gold Benchmark Price (code: SHAU), is the quote for trading of 1kg, 99.99 percent purity bullion, denominated in the Chinese yuan and derived from multiple rounds of trading.
The benchmark was set at 257.97 yuan per gram on Tuesday, the Shanghai Gold Exchange (SGE) said in a statement.
The benchmark also lays the foundation for shifting bullion trading in Shanghai from mostly spot to derivatives to increase the appeal of yuan-denominated bullion trading as financial instruments for both domestic and global investors.
SGE Chairman Jiao Jinpu said the launch of the benchmark offers the opportunity to develop bullion trading in China's financial markets and encourage more participation by global investors.
Standard Chartered Bank (China) Ltd. and ANZ Bank (China) Ltd. are among 12 fixing members for the benchmark trading. The other ten members are domestic banks.
The trading margin is set at 6 percent and transaction fees are exempted until June 30 this year.
http://ift.tt/1rfLeaL?
It takes time and is done in increments. Frank was so accurate in pointing out just how careful this has to unfold, particularly in the middle of the war against ISIS, because of the deep rooted Iranian connections and Iranian militias.
The Kurds are indispensable in retaking Mosul, so no corruption investigation against their leaders is going to get too far now. Unfortunately, Sadre's and Abadi's technocrat government reforms didn't go through the GOI. But Sadre isn't going to give up, and Maliki's group doesn't want Shiite on Shiite hostilities.
Although Obama is threatening to Veto Congress's law that would narrowly redefine foreign countries' immunity to allow damages being collected when US citizens die in the US as a result of a foreign government, the cat is out of the bag.
For those who only listened to what they were told about 9/11, they may be shocked to learn of the Saudi funding of terrorists and Bush's coverup of the 9/11 investigation.
For the rest us, I doubt the 28 pages becoming declassified is going to be anything new. I don't see the Bush complicity being a political problem for Trump, in fact, IMO, I see it helping him.
He was against the Iraq war, against both political parties, and is seen as a New Yorker directly affected by 9/11. He investigated Obama's birth certificate indicating he certainly isn't afraid to check facts and hold presidents accountable, which would presumably extend to Bush and the Saudis as well.
He doesn't come off as the type that would pardon the corrupt, which makes him a threat to many, including Hillary should she be convicted.
FYI, Obama is also meeting in London with PM Cameron and QE, before going to SA.
************
Cleitus: This article is HUGE! Backdoc alluded to this a few weeks ago that on the 19th a launch date will be set by China for gold trading by Asian Banks. Gold Spot prices set and ready. Take off 4/19/16! Everything IS coming together globally folks.
Great article Walkingstick!
Mountainman: I agree Cleitus.......Noticed STANDARD CHARTERED BANK=It's {ROOTS} are in the LONDON GOLD ARENA.........(IMO)= Only I See THE STAGE of {PHASES} being Established for ASSET BACKING from the EAST to the WEST
BASEL 3 Regs Require A "SMALL PORTION of GOLD" and VALUES are Established based On A Countries RESOURCES and the TRADING of
GOODS=GDP Production.....It's (NOT) by COINCIDENCE this is (Starting) NOW.....And CHINA, the Second LARGEST Economy in the WORLD.....Is Being Positioned brought to the STAGE So to Speak......ALL of this Appears to be Like A "BROADWAY PLAY" and As The PLAY Unfolds at Appropriate Intervals, the Characters are taking their (RIGHTFUL) ROLES/POSITIONS on said STAGE......
at their Appointed TIMES.....as VALUES are ALREADY SET/Somewhat ESTABLISHED=I believe Behind "CLOSED CURTAINS"....and OIL will Be Used as The IRON that SMOOTHS Out the WRINKLES for A COUNTRIES {SDR RIGHTS} in (DUE) Course as Well......The PHASES of PUBLIC VISIBILITY will be Exposed as EVENTS are (Done) in the GLOBAL MARKETS in [Increments] Like This.....and Much Will be EXPOSED as We APPROACH JUNE/BREXIT VOTE/WTO for IRAN/IRAQ and CHINA'S RESERVE CURRENCY Entrance= OCTOBER 1 2016......IMO
As A FOOTNOTE.....I Am (NOT) saying CHINA is NOW ASSET BACKED......But......The Establishing of VALUES and Specifically CHINA'S Entrance in OCTOBER is Creating VALUE for The YUAN.....In Due Course "VALUES" will be Exposed.....
Blessings,Mountainman (8)=New Beginnings......For MANY
Walkingstick: China launches yuan-denominated gold benchmark in Shanghai
Xinhua, April 19, 2016
China launched its yuan-denominated gold benchmark on Tuesday in Shanghai as it seeks to secure more sway in the pricing of the precious metal.
The Shanghai Gold Benchmark Price (code: SHAU), is the quote for trading of 1kg, 99.99 percent purity bullion, denominated in the Chinese yuan and derived from multiple rounds of trading.
The benchmark was set at 257.97 yuan per gram on Tuesday, the Shanghai Gold Exchange (SGE) said in a statement.
The benchmark also lays the foundation for shifting bullion trading in Shanghai from mostly spot to derivatives to increase the appeal of yuan-denominated bullion trading as financial instruments for both domestic and global investors.
SGE Chairman Jiao Jinpu said the launch of the benchmark offers the opportunity to develop bullion trading in China's financial markets and encourage more participation by global investors.
Standard Chartered Bank (China) Ltd. and ANZ Bank (China) Ltd. are among 12 fixing members for the benchmark trading. The other ten members are domestic banks.
The trading margin is set at 6 percent and transaction fees are exempted until June 30 this year.
http://ift.tt/1rfLeaL?
Mountainman: Gold fixing
From Wikipedia, the free encyclopedia ......
The London Gold Fixing (or Gold Fix)
[1] is the setting of the price of gold that used to be held on the premises of Nathan Mayer Rothschild & Sons by the members of The London Gold Market Fixing Ltd. However, in 2004, Nathan Mayer Rothschild left the precious metals business in London and sold its place on the fixing to Barclays. From that time onwards, the fixing has taken place via a dedicated conference line. This was clearly a necessity as some banks moved their London operations away from the close proximity to the Bank of England and gravitated to areas such as Canary Wharf.
However, the benchmark is still determined twice each business day of the London bullion market - the exceptions to this being Christmas Eve and New Year's Eve when there is only one fixing which is in the morning. It is designed to fix a price for settling contracts between members of the London bullion market, but the gold fixing informally provides a recognized rate that is used as a benchmark for pricing the majority of gold products and derivatives throughout the world's markets.
The gold fix is conducted in the United States dollar (USD), the Pound sterling (GBP), and the Euro (EUR) daily at 10.30am and 3pm, by London time.
The current participants in the fixing are Barclays, the Bank of China, Goldman Sachs, HSBC Bank USA, JPMorgan Chase, Morgan Stanley, Société Générale, Standard Chartered, Scotia-Mocatta (Scotiabank), the Toronto-Dominion Bank, and UBS.
[2] A class action lawsuit seeking $1 billion in damages on behalf of Canadian investors was launched December 18, 2015 in the Ontario Superior Court of Justice. The class action alleges that the defendants conspired to manipulate prices in the gold market under the guise of the benchmark fixing process, known as the London PM Fixing, for a ten-year period:.
[3] http://ift.tt/1PBrSWK
What is a 'Benchmark'
A benchmark is a standard against which the performance of a security, mutual fund or investment manager can be measured. Generally, broad market and market-segment stock and bond indexes are used for this purpose.
BREAKING DOWN 'Benchmark'
When evaluating the performance of any investment, it's important to compare it against an appropriate benchmark. In the financial field, there are dozens of indexes that analysts use to gauge the performance of any given investment including the S&P 500, the Dow Jones Industrial Average, the Russell 2000 Index and even competitor funds. Mutual fund investors may use Lipper indexes, which use the 30 largest mutual funds in a specific category, while international investors may use MSCI Indexes.
Setting a benchmark can help an investor communicate with their portfolio manager what they’re hoping to achieve with their investment, so that the portfolio manager will make decisions with the investor's goals in mind.
While a benchmark can help a portfolio manager, it’s important that the benchmark being set is right for the investors goals.
An investor's benchmark should reflect the amount of risk he or she is willing to take, the amount to be invested, and the cost the investor is willing to pay. A benchmark should also mirror the investment style of the portfolio.
As stated above, mutual funds, international investors, and other investors use different indexes as benchmarks for their investment portfolios because the type of investments they’re making are of a different nature. Some portfolios are hard to find benchmarks for, like real estate portfolios, where each investment is different in nature.
Some managers seek simply to meet benchmarks, while others work to beat them. While beating a benchmark can make investors happy, providing too much of an incentive to do so can force a manager to take undue risk with a portfolio.
http://ift.tt/1jhRVUR
Read more:
Benchmark Definition | Investopediahttp://ift.tt/1rfLciX
Blessings,Mountainman
From Wikipedia, the free encyclopedia ......
The London Gold Fixing (or Gold Fix)
[1] is the setting of the price of gold that used to be held on the premises of Nathan Mayer Rothschild & Sons by the members of The London Gold Market Fixing Ltd. However, in 2004, Nathan Mayer Rothschild left the precious metals business in London and sold its place on the fixing to Barclays. From that time onwards, the fixing has taken place via a dedicated conference line. This was clearly a necessity as some banks moved their London operations away from the close proximity to the Bank of England and gravitated to areas such as Canary Wharf.
However, the benchmark is still determined twice each business day of the London bullion market - the exceptions to this being Christmas Eve and New Year's Eve when there is only one fixing which is in the morning. It is designed to fix a price for settling contracts between members of the London bullion market, but the gold fixing informally provides a recognized rate that is used as a benchmark for pricing the majority of gold products and derivatives throughout the world's markets.
The gold fix is conducted in the United States dollar (USD), the Pound sterling (GBP), and the Euro (EUR) daily at 10.30am and 3pm, by London time.
The current participants in the fixing are Barclays, the Bank of China, Goldman Sachs, HSBC Bank USA, JPMorgan Chase, Morgan Stanley, Société Générale, Standard Chartered, Scotia-Mocatta (Scotiabank), the Toronto-Dominion Bank, and UBS.
[2] A class action lawsuit seeking $1 billion in damages on behalf of Canadian investors was launched December 18, 2015 in the Ontario Superior Court of Justice. The class action alleges that the defendants conspired to manipulate prices in the gold market under the guise of the benchmark fixing process, known as the London PM Fixing, for a ten-year period:.
[3] http://ift.tt/1PBrSWK
What is a 'Benchmark'
A benchmark is a standard against which the performance of a security, mutual fund or investment manager can be measured. Generally, broad market and market-segment stock and bond indexes are used for this purpose.
BREAKING DOWN 'Benchmark'
When evaluating the performance of any investment, it's important to compare it against an appropriate benchmark. In the financial field, there are dozens of indexes that analysts use to gauge the performance of any given investment including the S&P 500, the Dow Jones Industrial Average, the Russell 2000 Index and even competitor funds. Mutual fund investors may use Lipper indexes, which use the 30 largest mutual funds in a specific category, while international investors may use MSCI Indexes.
Setting a benchmark can help an investor communicate with their portfolio manager what they’re hoping to achieve with their investment, so that the portfolio manager will make decisions with the investor's goals in mind.
While a benchmark can help a portfolio manager, it’s important that the benchmark being set is right for the investors goals.
An investor's benchmark should reflect the amount of risk he or she is willing to take, the amount to be invested, and the cost the investor is willing to pay. A benchmark should also mirror the investment style of the portfolio.
As stated above, mutual funds, international investors, and other investors use different indexes as benchmarks for their investment portfolios because the type of investments they’re making are of a different nature. Some portfolios are hard to find benchmarks for, like real estate portfolios, where each investment is different in nature.
Some managers seek simply to meet benchmarks, while others work to beat them. While beating a benchmark can make investors happy, providing too much of an incentive to do so can force a manager to take undue risk with a portfolio.
http://ift.tt/1jhRVUR
Read more:
Benchmark Definition | Investopediahttp://ift.tt/1rfLciX
Blessings,Mountainman
via Dinar Recaps - Our Blog http://ift.tt/22LgGbY
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