Guesses to Exogens Picture Clues/Intel”
Patrick > EXOGEN December 18, 2014 at 6:45am This bus keep popping up as a clue. Some of the interpretations are correct and some are inaccurate. Exo, as many of us has tried, what is your guess on this short bus that will lead us to our blessing
Corporalbrig > EXOGEN December 18, 2014 at 6:33am Interpretation by another S3a member on Bluebird bus: Backdoor negotiations are going on for the Vietnamese Dong to drive the RV at the rate of 2.69. China has given an open window to get the RV done and to be the number 1 country to drive the new banking system. The countdown has started
DKC: Exogen said that interpretation was correct the other day.
Vinman December 18, 2014 at 8:06am
Abadi's plan is stepping through the network right now....globally.
The council of ministers is using deception with the budget again to throw of your guessing.
Read the bus :-)
Much deception going on but the tiers are cleared and money is flowing.
They are behind the 8 ball right now and racking their brains trying to make the jump from private to public exchange.
The court case forcing them to step on the gas is hidden in plain site.
God is awesome!!!
We have nothing but green lights now.
Jon December 18, 2014 at 8:10am If memory serves me, most revaluations have occurred on Fridays and announced in Mosques first thing in their am.
Louie67 > Vinman December 18, 2014 at 8:17am Very difficult to believe is going to happen this weekend just few days before christmas here in the US but hey nothing surprise me anymore, who knows, I hope! :)
Vinman > Louie67 December 18, 2014 at 8:19am It will be within the next 24 hrs I believe. Remember there are no rules for this thing. The world doesn't stop for holidays
G T December 18, 2014 at 9:02am Thursday Morning Clues.....
Abadi's plan is going through the steps as Planned GLOBALLY
The MiNISTERS in Iraq are using TRICKS to DECEIVE everyone with the budget again....PROBABLY ORDERED BY THE DADDY!!!!
The Bus Clues......I've Done this Numerous Times (The Main Clues.....STUFFS HAPPENING between the 17th - 19th With WIDE OPEN WINDOWS)
The TIERS are HIGH & the MONEY's FLOWING SMOOTHLY.
Their behind the 8 BALL right now
THINKING of ways to move from private to public exchange (if not Done correctly it will be a LEMON).
The courts is forcing them to put The "PEDDLE TO THE METAl" & STEP ON THE GAS to get this PUBLIC EXCHAGE GOING....DON'T BELIEVE THE ILLUSION (We're In a GOOD SPOT)
It's ALL GREEN LIGHTS NOW!!
Thank You God.....You are SO AWESOME!!!
Danny S. December 18, 2014 at 8:54am Dolla UP! Equities UP! Metals UP! Dinarians spirits UP! Euro, Yen & Franc DOWN! 7 hours to Abadi's Fri am deadline....... Glasses UP!!!! Awaiting PT's update on the 1st tier.....
[Pam D.] Remember, DC said to be on HIGH ALERT.......that could make for a very nice weekend :} And stay flexible, as Daz wisely reminded us yesterday!
rrrr :The strain is starting to show. Every day seems to be the time that the RV is about to GO. BUT… a Global event like this is rare. Constant delays should be expected. We are truly in the moment, the moment we have all projected. I’m wearing a grin from ear to ear. My intel cat Winnie is even smiling. This RV is about to Pop. Of this there is no Denying. Soooo let’s take just one moment, to reflect what we have all been through. It’s Done! It’s Here!. It’s Finished! We did it! This is True
Million2-1: Swiss Central Bank Plunges Into NIRP, Sends Deposit Rates Negative, Scrambles Against Safe-Haven Capital Flight -------
Submitted by Tyler Durden on 12/18/2014 06:43
Everyone thought that any major monetary policy surprises and/or capital controls today would come from Putin during his annual press conference. Boy were they wrong: just after 2 am Eastern, none other than the Swiss National Bank joined the ranks of the ECB in scrambling to stem the wave of capital flight, not to mention the cost of money, when it announced it too would start charging customers for the privilege of holding cash in its banks, when it revealed a negative, -0.25% interest rate on sight deposits: a step which according to the SNB was critical in maintaining the 1.20 EURCHF floor.
From the SNB: Swiss National Bank:
The Swiss National Bank (SNB) is imposing an interest rate of –0.25% on sight deposit account balances at the SNB, with the aim of taking the three-month Libor into negative territory. It is thus expanding the target range for the three-month Libor to –0.75% to 0.25% and extending it to its usual width of 1 percentage point. Negative interest will be levied on balances exceeding a given exemption threshold.
The SNB reaffirms its commitment to the minimum exchange rate of CHF 1.20 per euro, and will continue to enforce it with the utmost determination. It remains the key instrument to avoid an undesirable tightening of monetary conditions resulting from a Swiss franc appreciation.
Over the past few days, a number of factors have prompted increased demand for safe investments. The introduction of negative interest rates makes it less attractive to hold Swiss franc investments, and thereby supports the minimum exchange rate. The SNB is prepared to purchase foreign currency in unlimited quantities and to take further measures, if required.
The factors from the "past few days" in question that the SNB was envisioning to justify becoming the latest entrant to the NIRP monetary twilight zone: Russian capital flight. Per Bloomberg, "the SNB move follows Russia’s surprise interest-rate increase this week and hints at the investment pressures that resulted after that decision failed to stem a run on the ruble. Swiss officials acted as the turmoil, along with the imminent threat of quantitative easing from the ECB, kept the franc too close to its 1.20 per euro ceiling for comfort."
“This is not the magic bullet, but will buy them time,” said Peter Rosenstreich, head of market strategy at Swissquote in Gland, Switzerland. “This will relieve pressure from the floor in the short term, but not in the long term.”
The franc weakened after the announcement, trading at 1.2045 per euro at 11:08 a.m. in Zurich. Against the dollar it fell to 97.82 centimes.
To be sure, Russia's recent shocking rate hike to 17% was a factor in the Swiss decision. Then again to say that a few Russian billionaires took on the SNB and forced it to do a historic monetary policy move would be just a little bit naive. Surely, the reason for the capital flight had much more to do with the capital flight from "everywhere" as a result of the latest market turbulence which has seen a major flight out of risk assets and into fixed income assets, and also safe-haven currencies, at least until Janet Yellen's "renormalization" statement yesterday which purely coinicdentally had both keywords sought for by algos: "considerable time" and "patient."
What was also left unsaid is that the Swiss central bank is also worried about the pressure from the Eurozone as the ECB launches full-blown QE in 2015. And in a purely reflexive fashion, the SNB move also makes it that much more likely that the ECB itself will have to act even further, as central bank actions have now become a tit for tat exchange with other central banks in creeping global capital controls, even if nobody is willing to call it for what it is.
One thing is clear: if and when the ECB does more, the SNB will again have no choice but to respond: as Bloomberg strategist Richard Jones writes "SNB’s decision today to introduce negative rates of -0.25% next month may be escalated if external factors like a large scale QE from ECB threatens the EUR/CHF floor, analysts say, adding that FX interventions will likely continue. Jan. 22 start date for SNB’s negative interest on sight deposits coincides with next ECB meeting, increasing the likelihood of QE announcement by the latter next month."
In any event, at least the Swiss were kind enough to give the Russians an advance notice that their cash is not welcome in the country. After all Russian billionaires could have been merely "Cyprused", all over again.
Finally, here is Goldman's take on the SNB move:
Bottom line: The Governing Board of the SNB surprisingly announced this morning that it will introduce a negative rate of -0.25% on sight deposit account balances at the SNB. The SNB's target range for the three-month Libor was also widened from 0.0% - +0.25% to -0.75% - +0.25%. In our view, today's rate decision simply underlines the determination of the SNB to enforce the minimum exchange rate target for the CHF against the Euro.
1. This morning, the SNB surprisingly announced that, on January 22, it will introduce a negative interest rate of -25bp on reserve holdings from banks at the SNB, above a threshold of 20 times the minimum reserve requirement. The SNB's target range for the three-month Libor was also widened from 0.0% - +0.25% to -0.75% - +0.25%. Over the last couple of days, the CHF has traded very close to the 1.20 level on the back of rising market volatility. The subsequent demand for safe investments attracted large capital inflows into Switzerland, eventually prompting the SNB to react.
2. According to the SNB, the measure is aimed at making investments into CHF less attractive. Although it is only banks that will have to pay the negative deposit rate, banks will pass on, to some extent at least, the negative rates to customers. It is noteworthy in that respect that some German banks - in response to the ECB's negative rates - have also started charging some clients negative deposit rates.
3. It remains to be seen how effective this measure will be and the SNB will continue to rely on FX interventions to defend the minimum exchange rate. But the measure in any case shows the determination of the SNB to maintain the lower bound for the CHF against the Euro.
sczin11 If too much information were given out before the D DAY EVENT, it would be like insider trading... one has to presume, by the time Ink hits, more has happened beyond what appears on the surface... just like by the time pres obama announces we are sending troops in, they are already there...
sigshome » December 18th, 2014, 8:34 am
Dec 18, 2014, 7:21 a.m.
Previous close 89.08
Day low 88.92
Day high 89.38
FrostyTheSnowman » December 18th, 2014, 9:06 am
WOW! Good find JJONESmax... (See Article Below) I actually had to read this twice to made sure I got it. Shucks, even if you consider the last paragraph as "truth" (and hopefully we can) -- we're in GREAT shape!!!
JJONESMX » December 18th, 2014, 8:45 am
Deletion of zeros in 2014 .. project is ready and implementation of a deferred
Deletion of zeros in 2014 .. project is ready and implementation of a deferred
BAGHDAD / JD / .. affected by the project to delete the three zeroes from the currency unchanged if the rest of the major strategic projects, the unstable security situation in the country, where he was supposed to be implemented early 2014 after the creation of the logistical and technical measures by the central bank, but the deterioration of the situation security in most parts of the country, which saw control of some terrorist groups.
Sparked fears the government and parliament and the Central Bank of the implementation of this major project, which some have described as possibly exploited by outlaws in achieving their ends despicable, prompting the central bank and in agreement with the financial and economic committees Alniabaten to postpone the implementation of the project over four years to come, until the creation of the appropriate security conditions for its implementation.
Member of the Committee on Economy and Investment Attorney Nora Albjara, attributed the lack of implementation of the project to delete the zeros during 2014 to the unstable security situation in the country, as suggested implemented over the next four years.
She Albjara Agency / BD /: "The Central Bank of Finance, Economy and Investment in the House of Representatives and the Committees agreed to postpone the implementation of the project to delete the three zeroes over the next four years, although the central bank completed all technical and logistical procedures relating to the implementation of the project."
She added: "The reason for the postponement of the implementation of the project and not to be applied in 2014, due to the unstable security situation in most parts of the country, especially in the provinces experiencing control organization (Daash), because it may take advantage of the project by the terrorist groups to achieve their goals Katsyev currency or manipulation of the price of exchange which affects the economic situation in the country. "
The central bank had announced in 2012 that the application for the project to delete the zeros will be in early 2014, after being able to complete all procedures related to the stages of implementation of the project Ktba currencies and contracting with companies.
As a member of the Finance Committee MP Jamal Joker, stressed that the large project is not affected by the security situation, the fact that the central bank taking all things into consideration, noting that the process will be in the form of stages, so do not affect the market or citizen.
Some of the House of Representatives and economists Odhu jurisdiction rejecting the idea of postponing the implementation of the project over four years to come, and called on the central bank to apply the project in early 2015, the fact that the project is of strategic projects that need to be implemented because it will overhaul the local currency strengthens.
Joker told / BD /: "The central bank completed all necessary and essential for the implementation of the reform project of the currency measures, which are now ready for implementation, but some parties called for a postponement of this project under the pretext of the security situation."
The member of the Finance Committee, the central bank to implement the project in early 2015 to be implemented in the form of any phases are thrown coins ancient coins and withdraw gradually so do not affect the market and citizens.
The parliamentary finance committee has announced (October 28, 2013), that 2014 will see the implementation of the project to delete the three zeroes from the Iraqi currency, indicating that the deleted will be in coordination with the Central Bank. / End /