6/18/12 Duckyboy: What I see in the news is pathetic. Maliki is still in power and won't be kicked out (IMO). People are being killed in Iraq by bombs. The GOI is not seated. Erbil is not implemented. Are we close to an RV??? According to most gurus, we are, but it's not the first time they have pumped us up.
The truth is that there are many issues out there that MAY point to an RV and there are MANY issues out there that point to that facts that there are economic problems all over the world that need to be resolved, starting with Greece and Spain.
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Everyone is looking for a hint from Obama's speech today to indicate an RV... Please remember that it is an election year and Obama is very loose with the truth and he will say whatever is necessarily to get re-elected. He does need this RV to happen, NOW.
It may help him with the economic mess that he has put our country in (I know there Obama supporters out there and if you want to have a debate about this, I will set it up in chatroom). So, we can assume that he has NO control on when the button is pushed or he would have done it by now.
The article that came out about OANADA (Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012.) can only be attributed to their business and should be NO indication of an RV.
They were not specific about what volatility there may be AND they are closing during NON trading hours. So what?! Is my only response. If traders do not like this, then they move their account to another FX board.
Shabibi will be speaking at another world conference. He is an expert. He is part of the World Community, so of course he would be invited to speak. He will not be announcing the RV, not there.
I don't believe there is going to be some grand announcement I think it will just appear.
I have been in contact with justgeorge who does have great contacts and he reports that all of these contacts are just as perplexed as we all are.
I guess what I am trying to do is show you that I am calm and not reacting to anything that comes off of any IQD board per some guru or wantabe guru. I am really looking at the news and I just don't see the RV, yet....
However, the gurus could finally have it right and we'll see an RV in the next day or two, but I'll stick to my original thought... not yet....
There are many smart people on the boards putting in their opinions. I tend to agree with those who are not calling it, but bringing in good information. Use that information to form your own opinion about when this RV will happen.