Late Friday Night:
Bandito Rox: HMMM LOOKS LIKE A GOLD DERAVITIVE PAPER DUMP
This Has Never Happened To Gold Before
For the first time since records began, hedge funds are net short gold futures, according to CFTC data...
BaNDiTo_RoX: (*) Dow Dumps 600 Points From Monday's Jubilant Highs
Tyler Durden on 07/24/2015 14:29 -0400
IQD NOVA: http://www.cbi.ir/page/1440.aspx
MY LADIES: OK SO THE REASON WE HAVE POSTED THIS LINK TO IRAN’S CURRENCY IS SO YOU MIGHT MAKE THE SAME CONNECTION WE HAVE.
LOOK AT THE DENOMINATIONS DOES IT LOOK FAMILIAR??? I THINK THIS COULD BE THE SAME MODEL IRAQ WILL USE.
IQD NOVA: TAKE A LOOK AT THE LINK I JUST POSTED!!!!
LOOK AT WHAT IRAN USES AND THINK ABOUT WHAT IRAQ HAS SAID.
THINK ABOUT THAT IRAQ HAS SAID “REMOVE THREE ZEROS FROM VALUE.”
THINK ABOUT IRAN HAS SAID IT WILL REMOVE “4 ZEROS FROM THE VALUE!”
THEN TELL YOURSELF I DONT CARE WHAT BANK NOTES ANYONE HAS… JUST TELL ME THE EXCHANGE RATE!!
OH LOOK COINS!!!!!
HG: Sounds great .... Now what is the exchange rate ??? Tell us , tell us
MY LADIES: HAHAHA...NICE TRY...LOL...
LM: So are you saying the 3 zeroes will come off the notes and a 25K note will be worth only 25? A lop? Multiply the 25 by whatever the international exchange rate turns out to be???
IQD NOVA: NO!!!!!!!!!!!
LM: Whew.. So, Lucy… You have some ‘Splainin’ to do! I’ll admit I don’t understand what you’re driving at. Happy to be educated
IQD NOVA: WHAT IS THE VALUE?? THE EXCHANGE RATE!!!!
HG: By my calculations .... If we assume an approx equivalent exchange rate of the dinar and the rial and the former loses 3 zeroes and latter 4 zeroes, in exchange rate ....... Then the dinar should come out at about $2.60 per dinar. Backward math ... But just sayin…. That's based on the approx current 1166 and 29000 for the dinar and rial
IQD NOVA: MAKE IT SO!!!!
Bandito Rox: (*) Hedge Funds Are Holding First-Ever Gold Net-Short Position
Early Saturday Morning:
Memphis” Here is a thought that came to me tonight regarding Iran's rial and Iraq's dinar possibly getting "married" and then "adopting" other kids from the neighborhood.
Given the Shiite love between these two nations might we see them roll out a regional currency that has been mentioned as a future possibility for several years now? A regional dinar, a "Gulf Dinar"?
I have long wondered if this plan were ever abandoned as it fits the globalist agenda of limited regional currencies (just one of many means to whittle away at national sovereignty).
With the recent press intimating that these two nations wish to re-denominate not only along the same order of magnitude but also a very similar exchange value?
Just throwing this out to see if it sticks but would also mention that my thinking in no way circumvents an exchange value increase that would include the old currencies being honored by their respective central banks for a specified time.
note: I am not suggesting this would be a good or logical move. The Eurozone SHOULD provide ample reason for this to never take place. (handshake)
Socksmom: memphis: I was not aware that there have been talks of a common currency in that region ... interesting information ...
MY LADIES: SOCKS WE TALKED ABOUT THIS MANY MOONS AGO IN CHEESE ROOM..THIS WAS AN IDEA BEING TALKED ABOUT IT WAS DRAWN UP IN DECEMBER OF 2008.
THERE WAS MUCH TALK ABOUT IT AROUND THE DINAR COMMUNITY BUT I THINK NOT MANY TOOK THE TIME TO UNDERSTAND IT.
THE MU WAS DRAWN UP BETWEEN THE SAME MONARCHY PRETTY MUCH AND WAS NOT TO AFFECT THE REGION EXCEPT FOR BAHRAIN, SAUDI, QATAR, AND KUWAIT.
HERE YOU CAN READ ABOUT IT.
PrincessDD; Making History with the Rise of BRICS http://gulfnews.com/your-say/your-view/making-history-with-the-rise-of-brics-1.1555799
PrincessDD: Greece Really Should Leave The Euro, The Economics Is Entirely Clear Here http://www.forbes.com/sites/timworstall/2015/07/25/greece-really-should-leave-the-euro-the-economics-is-entirely-clear-here/
Greece to seek alternatives to privatizing grid unit: minister http://www.reuters.com/article/2015/07/25/us-eurozone-greece-privatisation-idUSKCN0PZ05Q20150725
Greece – Rescue without Debt http://www.globalresearch.ca/greece-rescue-without-debt/5464547
Comment: Has the Troika destroyed Greece? Pensioners outside banks, a spike is suicide rates - why on earth would any country want to stay part of an EU that allows this?
Memphis: for anyone wanting to understand gold better and it's "market driven" price movements (not all the world is manipulated!), you may enjoy this from Armstrong, released a week ago:
MY LADIES: ALRIGHT LET’S TAKE A LOOK AT THE IRAN –EU CONFERENCE THAT FINISHED UP YESTERDAY IN VIENNA.
This is yet another historical juncture! The broad understanding reached between Iran and the world powers promises a new horizon of cooperation between this giant West Asian/Middle Eastern country on the one side and the world on the other side.
A high caliber international conference that puts you in touch with Iranian businesses and decision makers.
MY LADIES: HERE WERE THE MINING PROJECTS, VERY IMPRESSIVE AND WILL KEEP FOLKS IN JOBS FOR YEARS TO COME
Iran unveils $29 billion mining projects http://www.presstv.ir/Detail/2015/07/25/421812/iran-mining-investment-conference-karbasian
Iran has introduced $29 billion worth of mining projects to a trade and investment conference held with the EU in Vienna to discuss post-sanction opportunities for cooperation.
The projects include production of aluminum, steel, rare earth elements, copper, gold and coal by tapping Iran’s mineral reserves, Deputy Industry Minister Mehdi Karbasian said.
MY LADIES: YOU KNOW I HAVE A THOUGHT..I’M READING ALL THIS ABOUT CONTRACTS, AND CONFERENCES AND SO MANY COUNTRIES COMING INTO IRAN FOR TRADING OPPORTUNITIES.
WE SEE THE SILK ROAD AND THE SCO WHICH IRAN HAS BECOME A MEMBER OF WE SEE THE AIIB WHICH IRAN IS A FOUNDING MEMBER OF AND I WONDER DON’T THESE MEMBERS OF CONGRESS FEEL A LITTLE STUPID????
I MEAN LOOK THERE IS NO DOUBT SANCTIONS ARE BEING LIFTED SO WHY DO FEEL THE NEED TO CONVINCE THE AMERICAN PEOPLE THAT THEY ARE JUST RIDICULOUS??
AND EVEN BETTER WHY DO THE SILLY AMERICAN PEOPLE ALLOW THEM TO DO IT.
IRAN IS JUST ONE EXAMPLE OF THE NONSENSE BUT IT IS THE BEST ONE AND THE MOST IN YOUR FACE EXAMPLE OF THE STUPIDITY AND LENGTHS A POLITICIAN WILL GO THROUGH TO LOOK LIKE AN IDIOT.
IS THERE ANY DOUBT THE REST OF THE GLOBE IS MOVING FORWARD?
EVERY TIME I SEE THIS JUST SAY NO TO IRAN COMMERCIAL I THINK TO MYSELF ARE AMERICAN PEOPLE REALLY THIS IN THE DARK? ARE THEY REALLY THIS EASY TO MANIPULATE? OR ARE WE JUST FURTHER DOWN THE ROAD AND SEE THIS FOR WHAT IT IS?
MY LADIES: OH NO BAD BAD BAD NEWS!
Iran says Big Mac ‘not coming back’ http://www.presstv.ir/Detail/2015/07/25/421829/Iran-McDonalds-Authorization-Business
Iranian officials say they have provided no authorization for the American fast-food giant McDonald’s to operate in the country.
IQD NOVA: WHAT THE HECK..........NO BIG MACS.....THATS IT THERE REALLY ON THE BAD LIST NOW!!!!!!!
MY LADIES: OH HERE IS A CONFERENCE I WAS NOT AWARE OF BUT THIS GOES WITH WHAT I JUST POSTED BEFORE
The international anti-terrorism gathering opened on Friday, bringing together over 130 media figures from different countries.
West boycotting resistance front's media: IRIB's Akhgari
MY LADIES: NOVA CAN YOU PUT AN EYE ON THIS PLEASE, THE TIMING WE TALKED ABOUT YESTERDAY MAY ACTUALLY BE ACCURATE
THIS IS A SHORT NEWS VIDEO FROM THE CONFERENCE
FrincessDD: : I like this quote in there "international banks will be able to re-establish ties with Iran’s finance sector less than three months after sanctions relief." Less than could be anytime up to.... sooner is better.
JP: In keeping with the theme of the room this morning, Iran is just waiting for their order to be filled and more countries to enter the drive through lane!