Iko Ward: what I am hearing from four other sources. The intel these last two days has been consistent
Iko Ward : Guys, gotta run. Lets just say we are getting more solid int abut tomorrow and don't sweat the details The 800 will come, go exchange, then sit back and watch the show.
Joshua: QUOTE: A meeting took place with the big wigs the other day . . .The conclusion was those cards are gonna be completed and activated with new rates starting as early as today or going into the weekend and/or next week. The pensions and salaries should both be paid
TnDr: Baghdad seems to be getting paid, which has meant we are next....
Pollysue: To me if they have new rates on their cards , ans if those card can be used anywhere in the world, them there has to be a RV. Think about it this was if they buy something in the USA using their card they need a better rate.
Elmerf123456: We were all drawn to what's said is improbable to do and accomplish what some say impossible! I proudly stand with all of you my friends. Are we ready for our mission? Let's rock this house!!
If we can't find the hiding RV...lets shake it loose!!!!!
Everyone. I feel the winds of change. Ray feels excited and news seems to be the same everywhere. Good times about to roll!
Enjoy the Super Bowl game. Next year we all can attend it.
Positive energy is contagious. Let's spread it.
Gmancometh: PM of Canada has put out Press Release on "important announcement" to be made tomorrow morning. No idea what it will be and can't find anything on what the content will be. Strange how vague it is. http://pm.gc.ca/eng/news/2016/02/07/prime-minister-justin-trudeau-make-important-announcement
firefly To my understanding, Shabs was never released as governor of CBI. He fled for his life from Maliki.
Maliki put in 2 acting governors (which btw he is not allowed to do, a Governor has to be voted in).
So for all purposes the IMF only recognizes one person as the true Governor of the CBI. I have not seen or read ANYTHING different
Aggiedad77: Family have you noticed the "plethora" of news that WalkingStick and others have brought to us over the last 24-48 hours
I'm excited by all that we are seeing, there appears to be all kinds of activity both within the GOI and the Parliament and even with the CBI
This hopefully will lead to even more news tomorrow....FEBRUARY 8TH
Then tie that into the CC tomorrow night and we should have a combination that will provide a great deal of volatility......volatility that I am hopeful will keep pushing things in the direction we want them to go......bringing forth a Fabulous FEBRUARY that Marches in a MARCH for us
Are you ready......ARE YOU READY....and I'm not talking football
Thunderhawk: Iran wants euro payment for new, outstanding oil sales
Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief.
A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the trading arm of Russia's Lukoil.
"In our invoices we mention a clause that buyers of our oil will have to pay in euros, considering the exchange rate versus the dollar around the time of delivery," the NIOC source said.
Lukoil and Total declined to comment, while Cepsa did not respond to a request for comment.
Oil market braces for Iran's return
Iran has also told its trading partners who owe it billions of dollars that it wants to be paid in euros rather than U.S. dollars, said the person, who has direct knowledge of the matter.
Iran was allowed to recover some of the funds frozen under U.S.-led sanctions in currencies other than dollars, such as the Omani rial and UAE dhiram.
Switching oil sales to euros makes sense as Europe is now one of Iran's biggest trading partners.
"Many European companies are rushing to Iran for business opportunities, so it makes sense to have revenue in euros," said Robin Mills, chief executive of Dubai-based Qamar Energy.
Iran has pushed for years to have the euro replace the dollar as the currency for international oil trade. In 2007, Tehran failed to persuade OPEC members to switch away from the dollar, which its then President Mahmoud Ahmadinejad called a "worthless piece of paper".
The NIOC source said Iran's central bank instituted a policy while the country was under sanctions over its disputed nuclear programme to carry out foreign trade in euros.
"Iran shifted to the euro and cancelled trade in dollars because of political reasons," the source said.
Iran has the world's fourth-largest proved reserves of crude oil, and expects to quickly increase production, which could lead to tens of billions of euros worth of new oil trade.
Iran's insistence on being paid in euros rather than dollars is also a sign of an uneasy truce between Tehran and Washington even after last month's lifting of most sanctions.
U.S. officials estimate about $100 billion (89.2 billion euros) of Iranian assets were frozen abroad, around half of which Tehran could access as a result of sanctions relief.
It is not clear how much of those funds are oil dues that Iran would want back in euros.
India owes Tehran about $6 billion for oil delivered during the sanctions years.
Last month, NIOC's director general for international affairs told Reuters that Iran "would prefer to receive (oil money owed) in some foreign currency, which for the time being is going to be euro."
Indian government sources confirmed Iran is looking to be paid in euros.
Tehran has asked to be paid using the exchange rates at the time the oil was delivered, along with interest for those payment delays, Indian and Iranian sources said.
Indian officials are working on a mechanism that could involve local banks United Commercial Bank (UCO) and IDBI Bank for handling payments to Iran, one Indian government source said.
UCO CEO R.K. Takkar said the bank is involved in payments to Iran, but did not say if there were any plans to change the payment mechanism. IDBI CEO Kishor Kharat could not be reached for comment.
India could also try to resume payments through Turkey's Halkbank, a channel it stopped using in 2012, or by direct transfer to Iranian banks through the global SWIFT transaction network.
With Iran now again linking to international lenders through SWIFT, the NIOC source said it was easy for Tehran to be paid in any currency it wants, adding: "And we want euros."
http://www.cnbc.com/2016/02/07/iran-wan ... sales.html
Bulldawgirl: Thanks backdoc and Thunderhawk! Thanks for opening our eyes that we need to recognize the value and importance of asset backed currency versus fiat currency.
I am noticing there are some digital currencies coming on board.
I would love your thoughts and opinions on:
1. do you think each country will have their own digital currency?
2. do you think there will be a universal digital currency or is that what the SDR will eventually be?
3. I know there are "special people" who own the central banks/BIS etc........have those same special people put out a digital currency?
4. how many digital currencies are out there?
Thanks for the sharing of your knowledge!
BACKDOC: 1. YES
2.EVENTUALLY, THE BANCOR! MAY BE MANY YEARS AWAY YET!
3. THE SAME ARE IN CONTROL OF THE AIIB AND BRICS AS WELL AS THE IMF AND WORLD BANK
4. WE DON'T KNOW YET ! THEY WILL BEGIN TO RISE TO THE OCCASION QUICKLY NOW!
THE 8TH WILL BE THE LAUNCH!
THE NEXT FEW WEEKS WILL BEGIN TO SHOW WHAT WE HAVE BEEN WAITING FOR! REMEMBER IRAN SAID SLOWLY!
BACKDOC: WHEN THE SDR IS PRINTED IT WILL BE CALLED THE BANCOR!
YOU CAN GO TO THE IMF TO SEARCH THIS AND FIND IT IS SLATED FOR THE FUTURE! WE DON'T KNOW WHEN!
LOOK FOR THE U.S. TO SHOW THEIR HAND IN THE FIRST HALF OF THE YEAR ON THEIR ASSET BACKED CURRENCY! DOC IMO