Thanks My Ladies for letting us share from your private chatroom
MY LADIES: It ranked Iraq five levels below investment grade this month in its first ratings for the country
MY LADIES: WELL THIS IS A GOOD PLACE AS ANY TO START
The country plans to meet with international investors as soon as next month, said two people familiar with the program, asking not to be identified because the talks are private.
DS: You see all we can do is wait
MY LADIES: NO NO WE HAVE CONFIRMATION FOR NEXT MONTH FOR THE SALE...THIS IS PROMISING
PrincessDD: Is the US headed for a big economic correction?
IQD NOVA: YES!
MY LADIES: THE ARTICLE IS ARE WE HEADING FOR A CORRECTION...GOOD ARTICLE THANK YOU PRINCES
MY LADIES: AND IT WILL..BUT NOT IN WHAT THE RUN CHICKEN LITTLES ARE SAYING
LOOK THE DOLLAR IS WHERE RIGHT NOW 98 OR SOMETHING LIKE THAT?
SO IT WILL CONTINUE TO RAISE UNTIL IT BECOMES EXHAUSTED AND THEN IT WILL CORRECT, BUT TO WHERE???
WELL I PERSONALLY SAY MID 80'S WAS COMFORTABLE ALL AROUND SO MAYBE IT WILL SETTLE THERE
WELL A CORRECTION OF 18 POINTS IS HUGE!! BUT WILL THAT MAKE THE DOLLAR GO AWAY???
NO IT WILL NOT
AND WILL AVERAGE JOE PERSON EVEN NOTICE?? NO...THEY WILL NOT, MOST DON'T EVEN UNDERSTAND THE INDEX NOW!
BUT I WILL NOT BE A FARM ANIMAL IN THE CHICKEN LITTLE STORY LINE...I DO NOT SEE THE SKY FALLING ANYWHERE!
HearingGod: Absolutely I understand. I just think that there may be a difference of opinion as to how much this will affect the USA and US dollar. And how quickly for that matter. In my personal opinion I believe that there are so many layers that it's almost impossible to estimate how much of the global debt is tied to the u.s. dollar as the world's reserve currency.
So along those lines of the global debt is corrected or rebalanced it would seem to have to quickly sand severely effect the USD soon.
There have been prior conversations regarding this and then a conversation with Memphis this morning. It just seems to me that it almost has to affect the US dollar in a greater and quicker way then we have discussed here recently
MY LADIES: I’M NOT SURE WHAT YOU’RE EXPECTING TO SEE WITH THIS CORRECTION BUT I KNOW THIS IS A CONTROLLED EVENT AND IS NOT DESIGNED TO CRASH AND BURN.
WHEN YOU COMPARE THE DEBT OF THIS COUNTRY TO ANYWHERE ELSE IT IS CLEAR WE HAVE MORE THAN WE NEED. BUT EVEN STILL THE COLLAPSE OF THAT DEBT IS GOING TO BE CONTROLLED.
I GUESS MY FRUSTRATION COMES FROM HEARING SO MANY DOOMSDAY STORIES FROM FOLKS THAT DO NOT REALIZE THE OLD SYSTEM BROKEN AND FULL OF DEBT IS MANAGED BY THE SAME THE PEOPLE THAT ARE USHERING IN THE NEW SHINY SYSTEM. SO WHILE THINGS NEED TO CORRECT THEY DO NOT NEED TO IMPLODE.
ARE YOU AWARE THAT MARKETS GO INTO CORRECTION STATUS WHEN THE LOWS GO BELOW 5%? SO HOW MUCH DOES JOE PUBLIC REALIZE THAT SOME CORRECTIONS ARE HAPPENING EVERYDAY??
NOW THIS COMING CORRECTION WILL BE A BIT MORE INTENSE BUT IN MY VISION IT IS STILL NOT DESIGNED FOR TOTAL DESTRUCTION.
MEMPHIS: I just noticed this post from earlier (sorry) and wanted to break it down into pieces and briefly address it:
quote: "My guess is that these people are not stupid and that the IMF is ready ...."
I Certainly agree that they are not stupid but this does not mean they are fully in control of all things! There is an important distinction here. I believe (based on evidence) that the IMF is largely reacting to circumstances as they unfold and as we see " band aids" continuing to be applied that they are indeed...not ready. contrary then to what we might consider logical here, I would propose that once things are allowed to begin unraveling and the band aid conspicuously left unused? That THEN the change is fast upon us.]
"Mary has always said that the USD is not in near danger of sudden or drastic collapse ....In not sure that I agree and I think that if others don't realize the imminence of the sudden changes that could take place then...."
[I would certainly side with Mary on this one and if you struggle with this then my prescription would be 30days of Martin Armstrong. He has been ALL OVER this talk of "the $ is dying" for a very long time. Just yesterday in fact!! I can lead others to water but....]
[regarding: "the imminence of sudden changes" you are spot on sir but please consider that if our perspective is skewed by even a small margin? We can miss the mark by a mile! For this reason I am very slow to advance in my "evolution" of the world. I truly chew on a thing for a very long time and then compare it daily to everything and THEN I still keep it in my back pocket until such time as it has proven worthy of full acceptance.
At the risk of boring folks my point is an important one. We must be slow to adjust and refocus our PERSPECTIVE. It is a thing to be guarded.
All indications are that global capital flows into the USD are not yet even in full swing! Does this mean peace and safety for the foreseeable future in America? No way.
On the backside of 2015.75 we will be facing the peak in gov't. Confidence in our gov't is about to...shift...and things will begin to unravel but the USD? It will be standing like a champ all the while!]
BRO > WWW.CBIRAQ.ORG
Sager: Yes Bro, this has changed within the last two weeks. Very interesting and exciting to me personally!
BRO: IS THIS AN OLD LINK OR THE NEW ONE?
Sager: Timing! The thing I love about this is that this site (cbiraq.org) is not even being used… and it wasn’t working at all for the past years. Now all of the sudden, it has changed and was updated to this
PrincessDD: So it is real Sager?
SAGER -: cbiraq.org is linked to the actual cbi site it appears, because both owners of the site has the same name…..Not sure yet princess but they seem to be linked….Here hold on…let me show you something…..Go here:
Hearing God: Of note, this site is a bit strange in that it is a forward to a non standard web port (8090 instead of port 80). There are reasons that this can or is done but it's a bit cheesy. That in and of itself looks suspect to me!
Sager: -: Notice the email address: Email: firstname.lastname@example.org -: suffix is cbi.iq
Now look at this: -: hold on
SAGER -: This is a search on cbi.iq…Notice the email on this one: email@example.com. ...So the cbi.iq and cbiraq.org websites appear to be linked somehow….Right now, the cbiraq.org website is just an empty shell
Sager: but what is interesting is that, for years (since I can remember being invested over 5 years ago), cbiraq.org was not working… it always gave an error. Now, less than two weeks ago, the site is now up and working, mind you at a very rudimentary level, but nevertheless, still working.
Sager -: You have to keep in mind that this site is not even being accessed by anyone… it’s not functional, it doesn’t serve a purpose (that we can see.. yet). So why even make cbiraq.org functional? That is what interests and intrigues me…..What’s interesting is that criraq.org and cbi.iq seem to be linked somehow. That’s why I’ll check out that site everyday to see if there are any changes. If there are, I will post it. But for now, I wouldn’t get really excited about this… the change is interesting and seems positive, but not enough details to be really excited about at this point. Interesting change though!
Sands: SAGER, I CHECKED THAT SITE YESTERDAY AND BELOW THE CBI BANNER IT SAID: Statistical Site Test Page AND BELOW THAT WAS THE OLD CBI BUILDING….BIG CHANGE TODAY
Sager: Guys go to cbiraq.org again!!! It changed once more!!! It just changed!
Sands: WORKING ON THAT SITE A LOT
Sager: It doesn't matter what the ip looks like because when you go on the cb-Iraq.org site, and click on cbiraq.org link, it redirects to what we now see….The ip is simply pointing to another server.
MVL: Got it. Thanks. My understanding was, once a rate was released, we would see an exchange rate box listed on the CBI site. Would this new site be the place to watch?
Sager: I don't think so.I would still watch cbi.iq. ButI would also watch cbiraq.org to see what happens because they are linked somehow
Sager: But I think it's amazing that this site has updated in the last 2 weeks and now today….They are aware of it
MVL: Thanks, Sager. I'll keep an eye on all three sites from time to time
AW: I have attached a You Tube video by Mike Maloney that describes in detail the movement away from the dollar as the world's reserve currency. This video provides some valuable history and background to what Mary and NOVA have been trying to enlighten us about. He gets into the information at about the 2 or 3 minute mark. Enjoy..