[MarkZ] My one wish for you all is that you could avoid all the craziness and nuthouse smoke. The last few weeks have been some of the most BS filled I have seen to date.
If you can, put your dinar somewhere safe and enjoy life for a few days.
Great things will happen whether or not you are glued to the screen .... ;)
I may not be able to share details but I can tell you that a lot has happened. Go look at Rueters, look for recent articles about Zim going to gold and other gold backed news.
Things are GREAT!!!!! I will chat tomorrow evening with you all. God bless.
[.MikeH] 7-23-2014 Poppy3 MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM.
THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW...THIS IS AWESOME AND IS ALL POSITIVE. ...
I USUALLY DON'T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS.
THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING FORWARD, WOW... BE READY FOR THE END OF THE MONTH.
Zimbabwe Pushes for Gold-Backed Local Currency
Posted by EXOGEN on July 23, 2014 at 6:54pm
Zimbabwe Pushes for Gold-Backed Local Currency By The Event Chronicle on July 23, 2014 · Finance
NEWS RECAP: ZIMBABWE PUSHES FOR GOLD-BACKED LOCAL CURRENCY, 18 JULY
Zimbabwe Says Days Of The US Dollar Are Numbered, Pushes For Gold-Backed Local Currency
(Galactic Connection) Topping off a weekend of surreal news is the announcement from the Central Bank of Zimbabwe that the country is now evaluating introducing a gold-backed Zimbabwean dollar, and, in keeping with the Salvador Dali feel to the past 48 hours, that the “days of the US dollar as the world’s reserve currency are numbered.” Yes. Zimbabwe, the same place that two years ago sported a brand new crisp Z$100 trillion bill. What is just as odd is that this news comes less than a week after Iran’s President Mahmoud Ahmadinejad criticized US economic policies, saying that the paper currency created by the American government is taking a heavy toll on the global economy.
While Zimbabwe, which now transacts almost exclusively in foreign currencies such as the USD and the South African Rand, is actively considering ways to return its own currency into circulation, the man who has up to now served as an inspiration and a role model to Ben Bernanke, Gideon Gono, said the country should consider adopting a gold-backed currency.
“There is a need for us to begin thinking seriously and urgently about introducing a Gold-backed Zimbabwe currency which will not only stable but internationally acceptable,” he said in an interview with state media… That giant ripping noise you hear is the Chairsatan tearing down each and every 20×10 poster of Gideon Gono, lining the hallways of the Princeton Economics department.
From News Zimbabwe:
THE central bank says the country must consider adopting a gold-backed Zimbabwean dollar warning that the US greenback’s days as the world’s reserve currency are numbered.
Government ditched the Zimbabwe dollar in 2009 after it had been rendered worthless by record inflation levels and adopted multiple foreign currencies with the US dollar, the South African Rand and the Botswana being the most widely used.
“We need to re-think our gold-mining strategy, our gold-liberalisation and marketing strategies as a country. The world needs to and will most certainly move to a gold standard and Zimbabwe must lead the way.”
Gono said the inflationary effects of United States’ deficit financing of its budget was likely to impact other countries to leading to a resistance of the green back as a base currency.
We wonder what took Zimbabwe, a country rich in natural resources, so long to figure out that it was nothing but a puppet in the hands of western monetary interests:
“The events of the 2008 Global Financial Crisis demand a new approach to self reliance and a stable mineral-backed currency and to me, Gold has proven over the years that it is a stable and most desired precious metal,” Gono said.
“Zimbabwe is sitting on trillions worth of gold-reserves and it is time we start thinking outside the box, for our survival and prosperity.”
Curiously, the same can be said for Russia, and, soon enough, after it will have bought every last resource and global extraction company, China.
By now it is far too clear that it is an “Onion” world out there. Will it be all that surprising if Zimbabwe is the first country, following its brief and painful detour into hyperinflation, to introduce a gold-backed currency?
INTEL SNACK (7:33 PM EST) Posted by EXOGEN on July 23, 2014 at 7:20pm
Fuad Masum, is the most likely candidate for the position of President Of The Republic
Deputy Party Talabani: infallible favorite to win the post of President of the Republic
BAGHDAD / obelisk: MP for the Patriotic Union of Kurdistan (PUK) Abdul Aziz Hassan, said on Monday that the leader of the Union Fuad Masum, is the most likely candidate for the position of president of the republic.
Hassan said in an interview for "obelisk" that "there is more than one candidate for the office of President of the Republic put his name or submitted papers, outside of the National Union, but this post will be of the Union," adding that "the most likely to be filled is Fuad Masum, according to preliminary indications" .
He continued that "the nearest competitor to the infallible, is Barham Salih," stressing that "the meeting of the Council of Representatives, for next Wednesday, will see the provision of a candidate for the presidency by the National Union."
The Patriotic Union of Kurdistan, led by Jalal Talabani announced on Monday the nomination of Barham Salih, Fuad Masum, the presidency of the Republic.
The head of the House of Representatives has declared Salim al, (Tuesday 16 July present), opening the door for nomination for the presidency in front of all citizens as of (Wednesday 17 July present).
And issued the Iraqi Council of Representatives, (Wednesday 17 July present), six conditions for those who wish to stand for the presidency, in a maximum of end of working hours on Sunday.
It is scheduled to be held Iraqi Council of Representatives, after tomorrow, Wednesday, to choose its fourth president of the republic, especially after he made a third in its previous designation Salim al-chairman of the House of Representatives and Haider al-Abadi and Aram Sheikh Mohammed, his two deputies.
EXOGEN July 23, 2014 Understand each president represents a different group in Iraq, based on constitutional law
EXOGEN July 23, 2014 This is why Talabani came to TOWN
IvanTulafitov July 23, 2014 at 8:43pm Ok ok ok so...... like, president gets elected, he then announces prime minestrone? Ok ok then we rv and never think about politics again hah!
EXOGEN July 23, 2014 THE PRESIDENT OF THE REPUBLIC ANNOUNCES THE PRIME MINISTER TYPICALLY OR THEY TAKE PLACE SIMULTANEOUSLY
Mr. Chen July 23, 2014 Let's go, Fuad Masum for President of Republic of Iraq! praying this happens tomorrow. no more delays please.
EXOGEN July 23, 2014 YOU STILL HAVE TO MAKE IT FORMAL
EXOGEN July 23, 2014 THEY ARE FOLLOWING A GOVERNMENT STRUCTURE MAKING EVERYTHING FORMAL BASED ON THE CONSTITUTION