Don't WAIT!

Wednesday, June 8, 2016

News, Rumors and Opinions Wednesday Evening 6-8-16

WingIt:

Beams : (From The Landa Global CC today)

Hi everyone. anyone listen to landa global call tonight? I did :)

Jerzy: GCR is in full steam mode Trust is ready for compensation of bonds and exchanges of the currencies.

Doug: Privates with spreadsheets go first. Public 30 days later when it shows on Forex

He blew Yoseps high rates out of the water as well

Doug said on Zim: expect modest rates

Also..don't expect to see TRNS ... that will take a while before we have new currency

Grandma:  Beams does that mean we are going to the bank like today maybe tonight?????

Beams:  grandma.. private groups haven't even been notified yet. .
....
Wingit cont……

Beams: Doug on Landa call did confirm some Military have exchanged.. not all... and that Reno is full of activity

Doug.. integration of TRN will happen but there will NOT be a big devaluation of the us dollar. We might not even see the us note that they speak of.. Physically change of the currency will take years.

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Dinar Updates:

Q: [... where are we with the HCL?] 

wmawhite :   IMO...the HCL is an...internal revenue issue with the GOI...and not a requirement for what the CBI will do internationally with the IQD.

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TNT:

Elmerf123456 :  You don't have to speak the language to understand  the acknowledgements of Abadis troops towards him and the celebrations of their efforts.

Round of the General Commander of the Armed Forces, Dr. Haider al-Abadi in the second Shuhada neighborhood in Fallujah today 08/06/2016

 http://ift.tt/24AxLGA
 
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WSOMN:
 
One11Freedom:  U.S., China Agree on Yuan Role (Jack Lew Video)

The U.S. and China have wrapped up two days of talks in Beijing, agreeing to give the yuan a foothold in America, however, they also sparred over excess capacity in Chinese industries. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg) 

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NWMontana:  Massive demonstrations in IRAQ planned Friday

Baghdad/ Iraq TradeLink: Iraqi demonstrators called for massive demonstration next Friday in Tahreer Square, to be attended by co-demonstrators from all provinces.
 
In a statement published on social networks' sites of the Sadrist Trend, it called for "angry peaceful demonstration".
 
It added that "the leader of the reform, Muqtada al-Sadr, is awaiting more from you through continued struggle and mobilization"
 
The demonstrations are expected to be held in evening of next Friday
 
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Turtleisland1:  According to Reuters, this move paves the way for the IMF to place the yuan on a par with the U.S. dollar.

The IMF’s Latest Move to Kill the U.S. Dollar

By Damon Geller

As we predicted months ago, the IMF officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket.  According to Reuters, this move paves the way for the IMF to place the yuan on a par with the U.S. dollar. 

This is the latest in a series of global developments that threatens to eliminate the U.S. dollar as the world’s reserve currency.  Experts predict this announcement will trigger one of the most profound transfers of wealth in our lifetime. 

So if you want to protect your savings & retirement, you better get your money out of U.S. dollar investments and into the one asset class that rises as currencies collapse.

 http://ift.tt/1taViC0
KTFA:

Don961:  Iran is working on it .... they don't want to be left behind in the International world after all ... IMO

Seif Says Banking Overhaul Plan Ready


Reiterating the need and necessity to reform the banking sector and improve standards to meet global norms, the Governor of the Central Bank of Iran, Valiollah Seif, said Tuesday that the financial reform plan is being devised and the parts related to banks is finalized.
Stressing that banks' financial statements will be based on a new format in the current fiscal year that started in March, the governor said: "The CBI has communicated the new financial methodology using the IFRS format."

Increased Transparency  

Noting that banks themselves stand to gain if transparency and openness is upheld in the money market,
 
Analysts say the banking sector — the main source of finance given the country’s weak capital and debt markets — is one of the biggest hurdles to economic recovery as they too need to recapitalize and upgrade their outdated system to meet international norms.


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