,i belive ,anouncments within 48 hours if intel is true ,,,,, we should hear of it in iraq ,,,, then hours later here then days later we get to the bank ,,,, my best intel just told me should be wealthy by the june 27th ,,all we can do is sit back hope an wait ,,,,,
intel says meeting on the 15th [un ] wont speed this up ,,not a concern for iraq ,,,, whales with over 50bil have gotten money ,,,,, whales withover 500mil starting within a hour ,do not ask rates are details ,,wont share ,,, just be glad i hearing what i am
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8:19 PM [Precious] tommyk: 6-12-2012 SWFloridaGuy lets hope a deal has already been struck. The last statement released said Maliki has now agreed to most of the points regarding Erbil, ministers etc. Lets hope that statement is true.
if it is, then we will see formal public announcements of power sharing and we can turn our focus back to the CBI and their currency reform project. I’m disappointed Talabani seems to be backing Maliki but if they can reach an agreement (a real one) then maybe that’s the quickest, most painless solution anyway.
Given Maliki’s history though, it’s very hard to trust him.
6-12-2012 BGG We are on schedule, on track, going in the right direction. Let's be cautious...let's give the process time to work out.
6-12-2012 Med NOW THIS JUNE 15TH MEETING WITH THE UNSC IS ALWAYS MISINTERPRETED AS A CHAPTER VII MEETING, IT IS
8:21 PM [Precious] [angelquest] alllllll but RELEASE................ALL just waiting on the dead beats to give it up
[Precious] [angelquest] guys there is no reason to keep asking for a DATE......ALL in intel dont know EITHER........THE people that will pull the trigger are waiting TOO............THIS is to go down with no one knowing ahead of TIME..........NO one person has all the specific for reason
Precious] triggers51: i do not speak but about 20 arabic ,,words ,,,,, an yes im in contact with 10 are so whales that have cashed out ,,,comfirming all morning..
[Paladin] [Maryrose] wheezer2 today on CNN they talked about a global currency revaluing this Thurs
[Precious] triggers51: shar35--I always like to explain it this way. Over the years, I have won about $20M. But I have lost about $20M $300K. So there you go--in the hole!!!
hammerman: gambler1 yes ,,,, 2.72 is what i am being told ,,,not the offical rate just what is on the cards for every day iraq peeps ,,,,, gov an military will get more i being told
[Precious] triggers51: plan2stand: Just got word from my guy. He is very excited. Says the whales will be done cashing in today and tomorrow and then we are next. He doubts we will see anything by tomorrow but could be. More likely Thursday or Friday. If something happens to slow it down again, we should be done by mid week next week. Pretty much what hammer said. I'm pumped.
8:02 PM [Precious] Gold to be Declared Tier 1 Asset Under New Basel III Rules The new Basel III rules are set to make gold a Tier 1 asset for commercial banks- compared to the Tier 3 ranking it holds currently. This means PHYSICAL gold will count as capital the same as a treasury bond.
Demand for physical metal will increase substantially from this ruling, but you won’t hear it mentioned on CNBC. The big new thing in gold – capital adequacy ratios Ross Norman looks at the implications for gold of an increased focus on the assets banks are allowed to hold as tier one capital.LONDON (SHARPS PIXLEY) –
Forgive the hyperbole in the headline but we wanted to get your attention as something quite profound is happening that could propel gold to record new highs. Yes, potentially the biggest thing since the birth of the gold ETF and the liberalization of the Chinese gold market in 2003. A decade on and we have grounds for saying that gold may well see a significant leg higher… the big new thing in gold. I’ll explain…
8:04 PM [Precious] In short, they are meeting to consider making gold a Tier 1 asset for commercial banks with 100% weighting rather than a Tier 3 asset with just a 50% risk weighting as it does today. At the same time they are set to increase the amount of capital banks must set aside as well. A double win potentially.
Hitherto banks have been much dis-incentivised to hold gold while being encouraged to hold arguably riskier assets such as equity capital, currencies and debt instruments, none of which have fared too well in the crisis.
With this potential change in capital adequacy requirements. Bank purchases of gold would drive up its value relative to other high quality qualifying assets, increasing its desirability for regulatory purposes further. This should result in gold being re-priced to bring it on a par with all other high quality assets.
8:05 PM [Precious] This is a treble win for gold – it would be a major endorsement of its role in preserving wealth and as a store of value from the highest financial authority, it would lead to significant purchases of gold by major financial institutions and it would lead to a reappraisal of its value with respect to other Tier 1 capital such as quality sovereign debt. Under the new rules gold could become a very significantly larger proportion of a reserve pool which is about to grow very much larger.
8:07 PM [Precious] Canadians made up the largest share of purchasers, accounting for 24 percent of all international sales. That compared with 23 per cent in 2011 and 11 per cent in 2007. Chinese buyers made up the next largest segment at 11 percent, followed by Mexicans at 8 percent.
While sales to foreigners make up only about 10 percent of all U.S. home sales, they are among the fastest-growing segments of the market. International sales climbed 24 percent last year, according to the survey. People from Canada and elsewhere are being lured by rock-bottom prices, a massive supply of foreclosed properties and record-low interest rates.