Danny S: Its groundhog day in the metals markets with massive volume keeping prices range bound.
Bank stories are everywhere, but don't have the effect of times past.
The dollar's inexorable climb has been halted as if by an Everest-scale avalanche, yet markets shrug it off.
Bond info of all kinds sound more and more promising- the one bright spot that keeps the faithful moving forward.
Attention turns to more productive pursuits for the summer as many of us have felt the "Personal RI/RV Reality" of Exo's blog post and being excited for excitement's sake leads only to adrenal fatigue and "hopium" hangovers.
Today is the end of the line for the two most promising stats:
100% of all RV's since 1985 have occurred in April or September
73% of all RV's have occurred on April 30th.
Let's manifest these stats into our reality today!
Awake-in-3D > Danny S. April 30, 2015 at 9:31am Did someone say BONDS? :)
The PPP's have funded. They will be cleared first as various currencies are already stacked, packed, and racked for processing. But the final trigger point is elusive to even the most diligent and creative researchers. The arrests are happening and easily confirmed by due diligence although not the big fish... Yet! We'll get there! :)
R.J. > Hopefully we will see things soon now that today is the 30th and we can finally stop hearing about the 50 Dinar notes after it turns May 1st this afternoon in Iraq. Then that will be one less excuse that they can use for the RV Delay.
But the April 30th-May 1st time frame is an optimal time frame for them to release the RV/GCR.
The old 50 Dinar note will be gone, it is the first of a new month for their books and accounting, and it is on a Friday, which many people have stated that Iraq has preferred Fridays historically for rate changes.
And they are off on Friday in Iraq. So many different reasons why today into tomorrow is a great time to do it.
LEM April 30, 2015 at 2:19pm
FYI....Rumors or reality?? I don´t know, could we believe them? and how serious are? let´s take that as a rumor!
4-30-2015 Poppy3 and Millionday NOTE -- ...WE SAW A REPORT THAT THE WORLD BANK HAS SIGNED FOR THE LOAN TO IRAQ -- SO OFFICIAL AGREEMENT MADE.
Quote: "MP for the Parliamentary Finance Committee Masood Haider, on Tuesday, the International Monetary Fund agreed to Iraq's request Baagheradh amount worth five billion dollars as part of the response to the financial crisis experienced by the country."
NOTE -- THE IMF HAS ALSO SECURED THEIR AGREEMENT WITH IRAQ. ...
THIS WAS THE SAME PROCESS KUWAIT WENT THROUGH JUST BEFORE THEIR ANNOUNCEMENT OF THEIR NEW RESTORED RATE.
ALSO REMEMBER AFTER THEY RELEASED IT THEN WAS 10 DAYS BEFORE IT WAS LEGAL TO EXCHANGE. WE ARE LOOKING GREAT AND THE MONEY WILL BE AWESOME.
Posted by OK Rocks:
7:45 AM PT > Blackjack7 wrote Ok guys just heard from my wm and if indeed the wells in Idaho is exchanging he sees no reason not to push me on through today...he is checking now
APPALOOSA wrote BLACKJACK - did someone here bring news in about the WF in Idaho.....I think I may have blinked and missed it. hi everyone
Blackjack7 wrote App it was from last night and there may be some steam, waiting to hear back
cudbuck wrote blackjack...I read where they were "paid" (credited), but no real money
(me: so no access to funds until it goes, is how I read that)
APPALOOSA wrote it was in AFTERDARK chat yesterday.....I missed it too
Ween1 wrote DON'T CALL THE BANK, YOU WILL BE GIVEN A 800, WAIT FOR THAT!
Iko Ward wrote And just to tag onto what BJ is experiencing, Forex is acting strange on the basket. Last nightstand dinar climbed 40 points and then early this morning (earlier than usual)
Iko Ward wrote Bounced back to 1164 but the real news is the dong never moved. It always moves 3-400 points but stayed at 0 movement since yesterday afternoon. Remember with Forex it's not so much the rate or RV as it is the movement. A positive sign.
Iko Ward wrote It's the uncharacteristic movement. Dong always swings and now not even a peep. Dinar always creeps but now big swing up,and the early move down.
Blackjack7 wrote Folks I am seeing a bit of a trend, aren't you?
Blackjack7 wrote I remember Tony saying that the dinar is the catalyst for everything else
Later in Chat:
Iko Ward :OK, been dying to say this. Take as my own humble opinion. Iraq will push button tonight. Banks will start early exchange tomorrow but Tony won't be allowed to make the call until after the NY Stock Market closes tomorrow which mean we start with the banks on Saturday, giving them time to work out kinks, and the whole thing goes public Monday.
[LAS] Blackjack7 :IKO I think what you are saying has merit because my wm can no longer see the rates...hmmm
Porta1: Always heard Thursday nights banks world reconcile thier books. Hopefully they wil use the RV to help reconcile thier account.
TotallyBlessed: BJ if it has left his screens I would imagine that means none of the banks can see it right now?
Elmerf123456: Good little nugget. Haider Al-Abadi Just now incoming. Mr. Prime Minister Dr. Haider Abadi in his office today Thursday vice-president of the World Bank Mr. Hafiz Ghanem, Facilities. Automatically Translated
Blackjack7: So is there any way to confirm if the World Bank has signed for the loan to Iraq???
DrD: Blackjack7, according to Abadi's tweet sent @ 10 minutes ago, he is in a conference with the World Bank VP Hafez Ghanem at this time-no other info available!
NONO: 4-30-2015 Poppy3 and Millionday NOTE -- ...WE SAW A REPORT THAT THE WORLD BANK HAS SIGNED FOR THE LOAN TO IRAQ -- SO OFFICIAL AGREEMENT MADE. Quote: "MP for the Parliamentary Finance Committee Masood Haider, on Tuesday, the International Monetary Fund agreed to Iraq's request Baagheradh amount worth five billion dollars as part of the response to the financial crisis experienced by the country."
Totally Blessed: Would you give a loan to someone who couldn't pay it back? I don't think so.
Walkingstick » April 30th, 2015, 9:37 am
Finance Minister: Iraq is seeking to obtain a sovereign rating
30/04/2015 04:21 |
BAGHDAD / Source News / .. Finance Minister Hoshyar Zebari, on Thursday, that his country is seeking a sovereign rating and continue with the credit rating agencies as it prepares to issue huge bonds worth five billion dollars needed to cover the budget caused by lower oil prices deficit.
Zebari said in an interview I followed Agency / Source News / "We started the process, banks are also seeking to help us in this direction."
Iraq has announced that it will issue bonds worth five billion dollars in the first issued in the international bond market nine years ago, in particular, and he desperately needed to liquidity as the government predicted that this year's deficit up to about 25 percent of the budget of 100 billion dollars, almost the size.
And obtain a sovereign rating from a major credit agency which Iraq currently lacks him may help persuade the international fund managers and international banks in underwriting bonds.
Zebari said that "Iraq is seeking to connect with two or three credit rating agencies, but he did not identify, discuss Iraq and bond issuance plan with City Bank and Deutsche Bank."
The process of obtaining the credit rating may be sensitive for Iraq as it will be forced to open its books to these institutions reveals revealed new information on public finances.
Zebari did not disclose the date on which it is expected to complete the process.
It is expected to attract Iraq's oil reserves huge -alta it did not reach the hands of Daash- buyers for this offering.
But many fund managers believe that Baghdad would face difficulty in the sale of five billion dollars in a short period even if the generous pricing.
In response to whether the number five billion to be very ambitious, Zebari said "We have a commitment in the budget to issue six billion, so this is the minimum this is our plan to cover the deficit, but there is no way to be issued in a single chip."
Iraq has an existing issue of dollar bonds maturing in 2028 and prompted a wave of panic selling late last year with the erosion of oil prices return on these bonds to rise to a record high of 10.49 percent from about 7.2 percent in September. But the yield has since tumbled to 8.04 percent.
In addition to the issuance of international bonds Iraq has taken or plans to take other financial measures, including the issuance of bonds in local currency to the banks and the imposition of taxes on some consumer goods and reduce public sector salaries Fifi, also asked the help of the IMF Ata.anthy Looking T.
Boxman: That is incredible news...sovereign funds....looks like Iraq is putting on their big boy pants..
jdtolle » April 30th, 2015, Purpose you cannot deny
The thing that will keep you focused is not a strategy or technique or condition. What will keep you focused, and disciplined, and committed, is a purpose you cannot deny.
If you’re serving a purpose that isn’t really your purpose, you’ll easily be distracted from it. Yet when you follow a purpose that lives at your very core, nothing can pull you away from it.
Focus is not about trying hard. Focus is about living true.
Great achievement demands great effort. A clear, authentic purpose is what will drive that effort, and make it feel like no effort at all.
Be honest with life, be honest with others and, most of all, be honest with yourself. It is an unwavering commitment to truth and openness that enables you to connect to the power of your purpose.
Live the purpose that lives at your heart. And live with richness in every moment.
Ralph Marston Wishing All a safe and blessed day JDT
P.S. You're not obligated to win. You're obligated to keep trying to do the best you can every day. -- Marian Wright Edelman