Frank26: Family last night I said the GOI has not gone on vacation in almost two years .......... They still do not plan on going anywhere.
But MY LADIES found what ITEAM told them to look for instead of a RATE or DATE.
How would You like a CBI MR STEP BY STEP PLAN on Your CC tonight. ITEAM DESSERT at the end.
MY LADIES ......... Tonight.
Unique CC intel that no one on the internet ......... Can tell.
FRANK26 CC 11/25/2014 Tuesday– 7:30 EST PM BIBLE STUDY
8:00-8:30 PM EST DINAR STUDY 760-569-7676 156996#
or Skype: freeconferencecallhd.7676
iggy : HCL=END
funny how things go full circle...this is what i was looking for almost 7 years ago...
Frank26: Wait till You see what we teach You tonight........... Amen.
Aggiedad77: Pay attention Family....this little tidbit here could prove important (See ARticle Below)
PM Abadi speaks with President Masum and Parliament President Jubouri.....speaking about several things...but the biggie one is not about french fries....but the 2015 Budget.....from the COM to the Parliament.....this could be the all important...."Call to Duty" of the Parliament.....
Holidays....we don't need no stinkin' holidays....we are on a roll...what what we are capable of doing.....watch the unity....the compassion....we are doing things for the Iraqi people for a change.....something we can be proud of.....just do it. Aloha Randy
walkongstick wrote on November 25th, 2014, 5:32 pm:
Dr. Haider Abadi, the Prime Minister will meet the President and the Speaker of the House
Wed Nov 26 2014 12:10 | (Voice of Iraq) - met with Mr. Prime Minister, Dr. Haider Abadi evening, Mr. President of the Republic, Dr. Fuad Masum, and Mr. Speaker, Dr. Salim al. , and held three presidents meeting at the presidential headquarters has a discussion of the overall political and security developments . It was in the meeting, they discussed steps to accomplish the government program of political and document the stages of lifting the financial budget of the Council of Ministers to the House of Representatives. Information Office of the Prime Minister 25 تشرين الثاني 2014 center>
Read more: http://www.sotaliraq.com/iraq-news.php?id=176935#ixzz3K7OqaQm7
WalkingStick: Gold prices may surge if Swiss vote on reserves passes
Helena Bachmann, Special for USA TODAY 2:27 p.m. EST November 25,
GENEVA — Global gold prices may surge in the coming week if Swiss voters approve a controversial measure that would force their country's central bank to keep at least a fifth of its assets in gold.
If the referendum Sunday passes and the Swiss government is forced to start beefing up its reserves, the price of gold could jump to more than $1,350 an ounce — an increase of 18%, Bank of America predicts.
Spearheaded by the right-wing Swiss People's Party, the so-called Save Our Gold law would compel the Swiss National Bank, the country's central bank, to increase its gold reserves from the current 7.7% to 20% within five years.
To do that would require repatriating Switzerland's gold stored abroad and also buying approximately 1,500 tons of gold bullion at prices that have quadrupled since Switzerland began selling off its reserves in 2000.
The law would also forbid any future sales of Swiss gold.
Currently, Switzerland, with 1,040 tons, is the world's sixth largest holder of gold and the largest per-capita holder, according to the World Gold Council. The United States has the world's largest reserves at 8,133.5 tons.
A recent poll by Swiss Television and the GFS Institute showed 38% in favor of the referendum, 47% opposed and 15% undecided.
Sunday's vote is setting off alarm bells within the Swiss parliament and among business groups. They argue that forcing the central bank to stockpile gold it cannot sell would diminish the bank's ability to set monetary policy and react quickly to changes in the market. In recent years, for instance, the central bank had printed 400 billion Swiss francs ($412 billion), deflating its value against the euro and capping the exchange rate below 1.20 francs ($1.24) to the euro.
The central bank took that step to protect Switzerland's economy from the European debt crisis and boost its exports to the European Union, but the Swiss People's Party has been critical of the move. "To tie the franc to a weak currency like the euro and a weak economic area like the Eurozone is a recipe for disaster," the party claims on its website.
Backing up the currency with increased gold reserves, the group argues, would keep the franc strong and the Swiss economy impervious to global financial crises.
Some analysts counter that a law requiring increased and unmovable gold reserves might have a negative effect on the currency market and the economy in general. "The (central bank) will think twice about buying unlimited amounts of foreign currencies in order to keep its cap for the euro at 1.20 francs," says Teodoro Cocca, professor at Swiss Finance Institute in Zurich. "Most likely, the cap would have to be lifted, the franc will appreciate, and that would be a burden for Swiss exports."
However, UBS currency analyst Thomas Flury said "the overall impact on the franc would not be dramatic." He predicts that the central bank might institute negative interest rates, a measure that would weaken the franc.
"What is most worrying about this initiative for global markets is the prospect of limiting the freedom to print more money by re-introducing currencies that are partially or fully backed by gold," Cocca says. "Liquidity is what keeps markets happy these days, and any prospect of less liquidity would make markets fall."