[kaycee] Summary; why would they meet in London Going back through the emails and IM's I've received Topics include "why do I do this"; fiat currencies LIBOR Will cover it next week
[kktwahoo] Fiat currencies, LIBOR, derivative, Madam Wu Quite a bit - cannot go into depth only anything - send me email
[kaycee] Mac, are you the one that raised the question on why Iraq would go to London?
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[kaycee] London used to be the number 1 financial center in the world - all international currencies have to go through the UK In general, this whole topic of the dinar and the rv, it is part of a global situation
[kktwahoo] Also where UK sits and timing - middle of whole lot of markets
Have to keep in mind it is part of global situation Finance and currencies are global For them as a country have to keep in touch with other countries
[kaycee] Finance and currencies themselves are global They would have to let everyone know what they're doing Have to go on the world stage
[kktwahoo] Want to do it on world stage - not in your own backyard Cannot ignore them
[kaycee] Other countries want to be informed want input; and they have influence World community They are dealing with something that's going to affect the whole world
[kktwahoo] Dealing with something to affect whole world Bear in mind that it is a piece of it that is the core inside Iraq and whole other piece outside of Iraq
[kktwahoo] Emails thanks for sending emails and questions
[kaycee] kktwahoo, and Agent 007 I really appreciate people writing me and telling me I'm helping them out
[kktwahoo] Whole slew of finance topics - fiat currencies
[kaycee] First topic - fiat currencies How does the fiat currencies and asset-backed currencies affect the dinar? If we were to change to asset-back currencies they would have to calculate what they're worth
[kktwahoo] How would changing to asset-backed currencies affect dinar? Would have had to calculate what each currency is worth
[kaycee] Already hearing discussions about how they would lilke the rate They might look at gold, silver, etc.
[kktwahoo] Look at all elements that affect asset backed rate - gold, precious metals, oil, manufacturing ability, etc. Whole lot of things to look at Formula - applied same way to all the countries Eventually settle out at a scale - fall into about the right spot Iraq - done this with dinar Rate of dinar will be part of that system - as well as the VND
[kaycee] They would eventully settle People debate I think we are switching to asset-based currencies in which case the dinar cannot come out low
[kktwahoo] wawhite - does not believe low rate and Historian agrees with this Have to come out at proportionate rate If it comes out when they switch to asset based currencies Think they will come out at same time Tend to think better rate, higher rate rather then lower rate
[kktwahoo] Financial crash on September 21, 2012? Why would this happen?
[kaycee] constantly talking disaster, they never give answers, they drag it on and on
[kktwahoo] Want you to sign up for newsletter normally
[kaycee] They then say if you want to know more, sign up to my newsletter I never listen to those
[kktwahoo] I will make a decison and cannot take that much time ] cover it in 5 minutes
[kktwahoo] Could it happen? I think it could
[kaycee] Do I think this is going to happen? I think there will be changes occur around the middle of Sept
[kktwahoo] I don't think world monetary system will crash - they are planning for a switch over Well planned switchover but not a lot of shock or chaos
[kktwahoo] LIBOR
[Agent 007] Links on Finance Topics – LIBOR (News Agencies ignoring LIBOR): http://mediamatters.org/ ••• /189032#
[kaycee] Someone sent me a comment and said it's out of plain sight
[kktwahoo] It is out there and it is also NOT out there
[kaycee] The link here is one that came out reporting on how the major networks are not reporting on LIBOR
[kktwahoo] Link reporting on how major networks are NOT reporting on LIBOR
[kaycee] running statistics on the amount of minutes of the reporting on this Report: the news ignore the banking scandal June 27 to July 28 all news agencies spent a total of 44 minutes COMBINED
[kktwahoo] Ignore massive banking scandal for more then a month Not talking about real news - this is one of the most important things REally 1. have not heard the most of it; we have heard only what has weaved itself out into media; best is yet to come Will start peeling like onion May be being asked to NOT talk about it Rest of world IS talking about it 2. Be very careful about what we read in media
[kaycee] What is behind the scenes is way bigger than what we have seen The rest of the world is talking about it They won't have a choice This tells us to be very careful about what we read in the media
[kktwahoo] How come it is not in news? If not LIBOR, what about anything else? Great chart - by kktwahoo
[Agent 007] Chart on World Wealth vs World Derivatives: Wikipedia - look up Derivative (Finance) or go to these links: http://en.wikipedia.org/ ••• (finance) http://en.wikipedia.org/ ••• 2007.gif
[kktwahoo] Compares World Wealth to Derivatives
[kaycee] scroll down halfway past the midpoint of the article and there will be a chart It shows what world wealth is Shows a lot of bars; the derivatives Great articles in 2008 that explained derivatives
[kktwahoo] Shows you really what world wealth is and in contrast to that the growth of derivatives - up to 2007 Great articles in 2008 that explain derivatives Will bring those next week
[kaycee] There is a lot to explain Deritatives are like betting I believe they will completely removed
[kktwahoo] Derivatives - I view as gambling addiction I believe they will be completely removed
[kaycee] big risk very hard to understand what they are actually worth so many different types
[kktwahoo] Big risk So complicated Overlap each other
[kaycee] Next question
[Agent 007] Links on Madame Wu: Google - just search for Madame Wu – majority of the links at the top are on her http://en.wikipedia.org/ ••• ki/Wu_Yi
[kktwahoo] Email - Madame Wu What is really happening - look up Madame Wu - search google Major diplomat and political player in China and has been for a long time
[kaycee] This is a major diplomat and political player in China Tons of info Some photos YouTube, Yahoo
[kktwahoo] Speeches and all that Have any dinar gurus have talked to her?
[kaycee] Not likely that there have been discussinos with her
[kktwahoo] Possible but not likely No going to be using her name like that or they would lose their connection Some repeat what they heard she said others say they did talk to her - not likely IMO
[kaycee] A little advice - when you talk to people - don't get taken in by people that are trying to con you all comes down to the way they speak If someone has moved in diplomatic circles - language will be high quality Not going to have tons of mistakes They carry with them everywhere they go; you cannot turn it on and off
[kktwahoo] Don't get taken in by people trying to con you All comes down to way they speak Quality of language is very high if moved in diplomatic circles Not going to have tons of mistakes - might have some but not lots
[kktwahoo] You will offend a lot of people and won't go very far Some things you never do - never talk about other people Do NOT drop confidential information into chat - did not mention any names Never make it personal and even when being strong - certain level of graciousness to it
[kktwahoo] When you go forwrd after this RV - watch the way people speak - politeness, grace, neutrality
[kktwahoo] Comments? I agree whole heartedly Somebody asked me "why do I do this?" ] Main reason - is to keep you all in the game - all of you Some people are very good at this but others are not Stay informed in realistic way - equilibrium about this whole investment
[kaycee] I try to contribute something of a more pragmatic issue
[kktwahoo] Try to contribute on more pragmatic level, professional information Too many people - so confused by all information out there
[kaycee] I have had too many people email me or send me im's saying they are so confused a lot of information contradicts each other I try and simply present to you one perspective as grounded and realistic as possible I won't comment on things unless it is there in the real world
[kktwahoo] Mosty where one person's views contradict another person's views I try and present one perspective that is grounded and realistic I normally use only mainstream articles We need that little bit of stability why do you need to be in the game?I believe we are headed for a major change in world Whole way of living that is different
[kktwahoo] Numerous sites about NESARA, etc. Very serious financial analysis Don't listen to any of it My opinions came from what I ran across over the years in my work Knowledge of multiple organizations and multiple countries My understanding is - at top - people who really drive this sort of thing Tell peeps below them to make changes - numerous layers
[kaycee] My opinions are from things I actually saw pieces of the puzzle Have many layers Senior executives Transformation and execution happen on the ground Envisioned on the top
[kktwahoo] All the way down to the ground to carry out minute tasks Transformation and execution happen on the ground Anybody up there who is trying to change the world - whatever it is - fact of matter is the best they can do is tranform the framework That is not major part of change Like a garden - any garden
[kaycee] Analogy; like a garden Prepare the dirt; now you're going to plant trees here, vegetables there, When it's done, you have a whole wad of dirt Over time, those plants grow they spread over the years, the garden flourishes That was not from the original planters You are the one that's going to have to make that growth
[kktwahoo] Plant the garden In the dirt Shrubs Lots of dirt They have not grown into lush garden Over time those plants grow and spread Over years garden flourished Enormous amount that has grown and taken place Peeps making change are like the ones planting garden - 20 yrs later see results you folks make changes on ground
[kktwahoo] Whatever you are or whatever size you are - you will be like plant from nursery - you yourself will have to make these changes Its your ideas about how to make the world better Be better equipped on how you manage your life There will be other ways I try to support you We need a much better garden than we have now
[kaycee] need money to do it need your own money, not ask for grants, etc I'm trying to make you hang in there, hang on to that dinar Those of you that have the ability that have the vision, I'm trying to support you We need a much better garden than what we have now
[kaycee] Wraps up what I have to say; any other comments?
[kktwahoo] That wraps up what I have to say for this week, any comments?
[kktwahoo] Amen from kktwahoo
[kktwahoo] Mac has a question
[kaycee] I've noticed in reading in the chatroom that there's a buzzword going around
[kktwahoo] QE is buzz word - Quantitative Easing? Bernanke uses it at Fed - really want to print more money to balance the economy Stimulus programs - just comes from printed money NOT real money QE3 or QE4, etc.
[kaycee] why is it pertinent to our investment Fancy term for them wanting to print more money Whole concept of stimulus programs does ot come from real money; just printed money Could be someone is trying to spin a story There are a whole lot of countries that are not accepting that kind of money
[kktwahoo] Heard from non-mainstream sources - whole lot of countries not accepting this kind of money now I did not understand how it would affect RV of IQD Trying to make appearances that the Fed is still relevant Have run out of ability to use this as mechanism - more propaganda than anything
[kaycee] They have run out of the ability to actually use that as a mechanism More propaganda
[kktwahoo] ty If I have missed anthing just resend it to Historian
[kaycee] Historian - if I missed something, I apologize was unintentional
[kktwahoo] Q & A - just a couple
[kktwahoo] New Treasury Notes on major channel within last couple days?
[kaycee] Mac - Someone told me that the new Treasury notes shown on the news channel; anyone see or hear anything about that? I didn't actually get the news clip on it or find it
[kktwahoo] No Questions
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