Iko Ward: Small Bank Story / Big Message
Hi Guys, Since November. 2013 I have been in touch with my WM at WF. He's a regional guy, handling accounts up to 1M. At first he was very open to all I had to say and did his best to dig into corporate and find out what he could.
Slowly, he had less and less to say. and began relating fears that corporate was hiding something.
At a meeting we had this past December, we sat at his desk for over an hour and tried every internal contact he could think off. The computer consistently popped up Fraud Alerts. Actual people denied knowing anything. "It's been stonewalled," was his comment.
I ran into him today at my local branch (he is usually downtown). We passed a few pleasantries, then I asked if he had access to the exchange screens. "No, even my office can't get on them now," was the reply.
Last July I know he had access to the currency screens.
This is not bad news; it is good news.
It confirms DC's estimate that maybe 3% of bank employees even know about the RV. It shows the banks have worked out their systems and have things contained.
This amount of control indicates how huge this deal is.
If the rates weren't on the screens, why bother to hide them. If the rates are on the screens, why would the banks spend all that time and money setting them up and then restricting who has access?
This is a multi-national system wide administration. No small feat. Corporations don't spend money like that unless confidence is high.
My point is this. We all get scared at times. We get some new intel and our survival instincts kick in and we doubt. Everyone is different. Some people are wired so that doubt goes right to base level fight or flight reactions. We see them all the time in chat, all is doom and gloom.
My offering to you is next time that happens take a breath and look at what has gone down these past eight weeks.
Abadi said it was going to get done now, he even started publicly declaring dates.
They passed the budget and printed all they could for security reasons, the HCL is in there.
They stopped the CBI currency auctions, putting the squeeze on the old ways of finance.
They paid the Kurds, not all, but it's started.
They've started charging taxes based on RI rates.
They're recalling the 50's.
They're giving limited access to banks.
Their telling their people on National TV its coming.
Our banks have once more gone on high alert.
The international banking system is up and running to handle the RV traffic.
A volunteer army is taking back an important, strategic city from ISIS, showing investors who is in control.
Was all this in place even in January of this year?
No. It has all happened over the past six weeks.
In international, time-line perspective, that's fast.
Please look at all evidence. Acknowledge the source. Your conclusion as to when this will happen reveals who you will be when it does.