Okie Oil Man, BluWolf, TNT Tony, etc…
Fri, Jan 31, 1014
Subject: Dinar RV GCR Silence
1-29-2014 Intel Guru TNT TonyÂ Â Â Â The bankers had more meetings today…I cannot, for the life of me, understand why they can't just do the right thing. All it takes is to make it fair for all. We know that everyone is not going to get the $32.00 rate, but some of us should.Â Let's hope that someone in that group finally uses a little common sense and makes the right call/decision to get this over with and back on track for us all.Â Let's hope this is the end…Let's hope this ends tonight.Â Â Â
1-29-2014 NewshoundÂ Guru MilliondayÂ Â Â they have reference to huge change coming from this budget to the citizens — they are calling for no procrastination and also to implement the five year plan at the same time.Â they are sayingÂ that Iraq is moving much faster than they should be expected to be with this budget because other countries in this position of complete transition have taken much much longer –Â so this is saying they are impressed and they are in a huge hurry.Â they will have it read and have it on the table thursday — we should expect them to be working until it is done with this one, imo…Â so that means they are working tomorrow [Wednesday] and Thursday.
1-29-2014 Intel Guru TNT TonyÂ Â [via Adept1]Â They are in a meeting at this moment,, and there should be an announcement in an hour, after the meeting.Â I'm hearing a lot of good stuff today from a lot of different sources.Â The whole world may change today, if they live up to the hype.Â There should be three rates hitting the streets…the international rate, the US rate, and the contract rate.Â Â Â We have been hearing there is something on CNBC announcing currency revaluations this afternoon.Â Â They expected it on Sunday, like we did, and announced it again an hour ago, that they are expecting currency revaluations later today.Â Weâ€™ll see if that is true.Â Â Things are looking good for us to get through this process by Friday, hopefully today…
1-29-2014 Intel Guru Okie_Oil_ManÂ Â Â BECAUSE OF STATEMENT MADE BY CHRISTINE LeGARDE AT DAVOS, SWITZERLAND WORLD ECONOMIC CONFERENCE LAST WEEK IN CONJUNCTION WITH THE FED'S (F.O.M.C) MEETING TODAY COUPLED WITH THE IMPORTANCE OF CHINESE NEW YEAR TO THE CHINESE IT LOOKS LIKE ALL THE CARDS HAS FELL IN PLACE FOR THE R/V TO OCCUR. Â IT APPEARS TODAY WILL BE A CRUCIAL AND PERHAPS EXCITING DAY…OUR PRAYERS SHOULD BE ANSWERED HOPEFULLY TODAY.
1-29-2014 Intel Guru TDÂ Â Â Â Already overnight South Africa & Turkey raised rates unexpectedly and their currencies today are taking a hit. So is the Brazilian real & Argentine Peso. In months ahead as these mechanisms take hold worldwide , emerging market countries will also raise THEIR rates and their currencies will devalue vs. the dollar.Â As far as the IQD, it's already at a low rate BUT with these world market forces playing out there is NO WAY a sudden, dramatic upside increase is probable.Â Â [post 2 of 2]
1-29-2014 Intel Guru TDÂ Â THE GCR IS HAPPENING ALRIGHT —BUT in the opposite way people have been selling it.Â As the economy in the USA is showing signs of improvement, The Fed has a tapering agenda in play in months ahead.Â By raising interest rates other countries will also need to adjust their rates to protect capital flight from leaving their countries as investors look toward the US more favorably.Â Â [post 1 of 2….stay tuned]
1-29-2014 Intel Guru Fisherman1Â Â That Eagle1 post is somewhat correct butÂ the GCR did start Sunday that is true.Â It will be before Friday they turn it loose here.Â Â [see Eagle 1 post 1-29-2014]
1-29-2014 Newshound Guru MilliondayÂ Â Â Â now Iraq has stated that they will effect the global economic condition and it has been referred to as the event — so it would be a great time to set rates and begin trade — it would also be a great time for other currencies to do the same imo.Â Â i think it would be great time for an rv with the situation at hand with global economies and all the need for new economic options for trade.Â Â Â the best part for Iraq is that they are the only country in the world that has not been effected by the global recession and downfall due to the fact that they have not had an internationally recognized currency.Â so emerging for Iraq is more like waking up — not emerging.Â [post 2 of 2]
1-29-2014 Newshound Guru MilliondayÂ Â china has stopped exchanging money and so has russia and also kurdistan for some time stated that they had no cash and then we have financial reports that say that the USD was printed and spread all over the globe and caused serious issues –Â so there are economic issues that are coming about that cause inflation without some type of change in the global economic condition.Â [post 1 of 2….stay tuned]
1-29-2014 Intel Guru BWMÂ Â Â Â There has been a battle going onâ€¦This battle is not about the greater good.Â It has degraded into arrogance, greed and manipulation.Â Â Unfortunately I have learned more than I probably cared to about the inner workings of governmentâ€¦Â The best thing you can do right now is NOT mention the dinar to anyoneâ€¦ period.Â I would avoid all social media discussions on dinar…Â Â [post 2 of 2]
1-29-2014 Intel Guru BWMÂ Â We are in a precarious position with the RVâ€¦ not as far as it happeningâ€¦ but as far as timing goes.Â As things are shaping up, it appears that we may be in for a delay.Â How long has yet to be discussed but if we donâ€™t see anything by end of day Thursday I would expect at least a couple of weeks before we get any more real solid news for expectations. As it stands right now, it doesnâ€™t look good for the week.Â [post 1 of 2….stay tuned]
1-29-2014 Newshound/Intel Guru Eagle1Â Â Â Â Finally, without speculating here on all the discussions of the new rate for the IQD, I will remind you that before Dr. Sinan Shabibi was so rudely removed from his post as the Governor of the CBI,Â he made the point that when the Dinar was revalued and released for international trade, it would be critically important for that rate to be in effect for 24-36 months before allowing it to float. His successor, Dr. Turki, has been quoted in the Iraqi news media as pretty much adhering to that position.Â Â From reports we've received out of the IMF, we're told that the IQD will closely mirror (within a few pennies) the published rate of the Kuwaiti Dinar. At the close of markets today, the KWD was just over $3.54.Â That ought to give you some kind of guideline.Â Barring some event none of us know anything about,Â I honestly expect this to be our week!Â Â [post 4 of 4]
1-29-2014 Newshound/Intel Guru Eagle1Â Â Â I have been repeatedly advised by my contacts at the IMF and other agencies that they would NEVER just do the Dinar or the Dong, release those currencies to the world, and then follow up with other currencies behind them simply because of the massive amount of double-dipping that would take place.Â Sure enough, even though we had seen a total of 104 currencies finish the revaluing process by Monday night,Â it was made abundantly clear that we would not get to see the new rates until the process completed.Â With 104 currencies having finished the process, that left 94 yet to go.Â I do not know what time the actual process began, butÂ what has been said is that the IMF gave a 72-hour window for all 198 currencies to undergo the process of change, after which the new rates would be released to the world.Â The timing of this is interesting in view of the fact that the new UN Operational Rates of Exchange chart
is due for initial release on the 29th with the final publication on the first of February.Â Â [post 3 of 4….stay tuned]
1-29-2014 Newshound/Intel Guru Eagle1Â Â Â Â We subsequently saw Christine Lagarde give a speech on Saturday in whichÂ she spent not less than five minutes specifically referring to the coming "Reset," noting that this was an event of extreme importance to the global economic ills as a corrective measure.Â On Monday, Fox Business News did a series of interviews throughout the day with different economists who were not bashful at all about referring specifically to "The Global Currency Reset."Â Art Cashin was not wrong when he talked about currencies being revalued on Sunday, but he only mentioned four or five currencies in the interview.Â What got left out of the interview was the fact that the GCR actually did begin its process on Sunday, a process specifically sanctioned and implemented with the cooperation and help of the IMF.Â Two of the major currencies that we've been watching — namely, the IQD and the VND — were among the first to
revalue.Â Â [post 2 of 4….stay tuned]
1-29-2014 Newshound/Intel Guru Eagle1Â Â For roughly the past 15 months we have talked about the Global Currency Reset. Most people have focused on the RV of the Iraqi Dinar as being a single event that would mostly affect those people only who held this currency.Â In the past week, for the first time we have been seeing the national news media — and more specifically, the financial news networks like Fox Business News, CNBC, Bloomberg, and even the lowly CNN, do interviews with economists who are speaking directly to the GCR and the immediacy of its release to the world.Â Â Last Friday, January 24th, CNBC had a rather remarkable interview with economist, Art Cashin, who is the Director of Floor Operations for UBS (United Bank of Switzerland) at the NYSE.Â Â For the first time in anyone's memory,Â we had an international banking figure come out and publicly state that nations would be revaluing their currencies on Sunday.Â [post 1 of 4….stay
There was another event which took place in the year 1913 which has been little understood or known at all in the western world today. After the collapse of the Manchu Dynasty in 1911, the remaining Government of the Chinese Republic issued bonds to foreign investors for the purpose of raising capital to rebuild the country. These bonds were titled the 1913 Chinese Government 5% Reorganization Gold Loan. Emphasis on the word gold for later reference.
These bonds were pegged to the price of gold as a hedge against future inflation and were denominated in four currencies. The underwriting banks for the bonds reflect the four currencies which the bonds were interchangeable with at the time, which are now known as HSBC, Deutsche Bank, the Bank of Tokyo-Mitsubishi UFJ, and Caylon â€“ Credit Agricole Corporate and Investment Bank.
Keep in mind that these bonds were issued in the same context as the U.S. Treasury Bonds which the worldâ€™s central banks have been gobbling up since 1944. These bonds had a yield. These bonds have never fully been acknowledged by the Chinese government. As a part of the deal with the British government for the return of Hong Kong, the Peopleâ€™s Republic of China did honor 10% of the outstanding bonds at about 62% of the face value. And what I can say at this time is that there is in fact a deal in the works for a final payout on the remaining bonds……snip…….
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