Early Wednesday Morning
Iko Ward: Nice stuff from last night concerning bighorns and people with SKR's. ISX trading again. Markets a little down. Forex made a cute move but bounced back to normal this morning. I'm waiting for Tony.
June: IKO All those numbers this morning? do they give you some hope in your heart things MAY? be starting??
Iko Ward: June, they started back on April 22. The numbers are only indicators at this point, but the intel like bighoss exchanging, people with skr's getting full access, Bj's report from UK friend over the weekend...yes,we are getting very close, closest we've been, could be any moment.
Mangelo: early this morning there was so much good news and I think with Iko is saying we should be getting there soon
Utahgirl: mangelo: what good news was in the room this morning
Mangelo: utah girl we got from Big Hoss the code word the Eagle has Landed! he deleted his TNT account which means he exchanged, We heard that at WF those that have SKR's are now active. that all started around 1:30 in the morning
Iko Ward: If Little Joe and Hop Sing confirm.. I'd say we're good to go....lol
Iko Ward: I have gotten two SKR confirms from UK members. One of them sent me a copy of their contract. Not an NDA, but the payout agreement with the bank. So we are indeed getting results in dribbs and drabs.
tman23 What they have said in the papers before pulling the 50 note...The lower denoms are a prelude to lifting the 3 zeros from the currency... This was the exact wording...
AND definition of prelude.....1. an action or event serving as an introduction to something more important...
So more important then the new currency notes will be a "rate"... and I threw a dart at the board and it landed on 3.44...lol And the dart did not float towards the board.
TF1564 : I MAY BE WRONG HERE....BUT I BELIEVE THE 30 - 45 DAYS FOR IMPLEMENTATION HAS TO DO WITH THE ACTUAL COLLECTION OF THE TAXES AFTER THEY HAVE BEEN IMPOSED.
IN OTHER WORDS...THEY MAY BEGIN TO IMPOSE THE TAXES AUGUST 1. BUT THEY WILL NOT ACTUALLY SEND THE INVOICE FOR THOSE TAXES UNTIL THE END OR MIDDLE OF THE NEXT MONTH. WHEN THEY SEND THE INVOICE FOR THE TAXES COLLECTED IS WHEN WE SHOULD REALISTICALLY SEE AT WHAT RATE THEY HAVE IMPOSED THOSE TAXES.
THAT IS WHEN WE SHOULD BE ABLE TO SEE A NEW RATE.......
DD937: Have to agree , if there is a 30 to 45 day period after Aug 1 then why the excitement over 1,2,3 weeks from last monday
Frank26: Much was missed by the both of You ........ If i may please:
What we tried to exemplify here was that MANY things are frozen in a LONG LINE waiting for article 8.
Whereas we have noted that ONLY the Tax and Tariffs Laws are flexible enough to be moved without having to get in that LONG LINE........
They carefully move it from the 1st of a month to the next available one. July 1st did not work for the T and T Laws so they PAINT and TARGET August 1st now.
Hope that helps......... KTFA Frank
Late Tuesday Night:
Q: [What chance do we have in seeing tariffs on August 1st?]
BGG :worst case - the not-so-good side, they tread water for a little while, personally - I don't see how that works, but there may be that slim possibility...they will either add value (buying power) to their currency (which has obviously been the plan - on some level) and fully implement the tariff protocols... or they will delay...
Their own economists have PLAINLY warned them about tariffs with no value - it would be hard on the average citizen.
Q: [IF THE TARIFFS GO AS PLANNED WOULD THEIR BE SOME KIND OF AN ADJUSTMENT TO THE RATE AND GO INTERNATIONAL, AREN'T TARIFFS MEAN INTERNATIONAL?]
BGG : Tariffs don't automatically mean international... they could implement the tariffs - leave their currency and let the people fend for themselves –
It would be stupid – but they could try it... in spite of their own advisers...lack of value + tariffs = hard times for the people.
Iko Ward : The IQD spread is 1125/1180. The dong continues to gain value each day, not much, but definitely a trend. And the rupuah, Which is always on the move, is dead in the water. Things are different
[LAS] Bruce on The Big Call: for the last few days definitely quiet; intel gathers are quiet; moving behind the scenes; believe we are in a very good window; cannot not define window.
Imperium: I pray the intel about Barzini and the Kurds is correct. If so, it very well could force Bagdad's hand.
OK Rocks: This post might help make some sense of it? .. PilotJim wrote I know its a hard concept however the kurdistan region of Iraq is like Texas, if they choose to recognize their dinar at a higher rate they have that ability. There are several cities in Illinois and Wisconsin that don't accept the U.S. dollar but rather the German Mark, local stores can raise and lower their prices at will and that changes the local exchange rate of the dollar, its is their right to do so.
DKemnner: what ever happened to the border tarrifs??
LizardLips: DKenner, as I understand it the Tariff's were to be started on Agugust 1st... we shall see.
Mot: She Ignored Him In The Hallway, ....