james49 wrote on November 10th, 2013, Explain the thumbs up. because from what I see this wont happen until 2014. Its a step in the right direction but will you explain to me what this will do for the rv? just looking for info, no biggie
Bandit » November 10th, 2013, • [Post 210] Looks positive to me that the use of credit cards will happen inside and outside of Iraq. I think the currency needs to be international to do that.
Yes, 2014 is right around the corner... hope they start to raise the value before 2014.... but we just don't know when. Still it is good to see them talking about stuff getting done for next year. We are heading in the right direction.
PAPPA-J » November 10th, 2013, • [Post 235] My friend it is already 2014 in Iraq, the holiday they just celebrated last Tuesday is their new year. Just a thought!! PJ
jmslxngtn » November 10th, 2013, • [Post 237] That is incorrect:
Islamic New Year 1434 H. will fall primarily during 2013. The lunar Islamic calendar does not align with the Gregorian calendar.
Read More Link On Right
ricklibby » November 10th, 2013, • [Post 238] aren't both messages the same ?????? one says the new year started last tuesday the other says will fall primarily in 2013.. rick
Bandit » November 10th, 2013, • [Post 241] Whatever year it is ..........would somebody please PUSH the darn RV Button already !!!!!!!!!Ta DA!
kaykay3 » November 10th, 2013 • [Post 247] Hi Eagle 1 :hibye: I miss u and have 1 question to ask u when u get a chance could u please reply? Thank u:)
You know around this time last year we discussed if they wanted to start this new rate off at say our/their Jan. 1st 2014. I remember you telling Frank that in the international banking world they need to have things wrapped up about Dec15 because they don't want anything new or big introduced during this time between Dec.15-Jan.15. Do to many holidays plus our Gov. Recess then back around Jan.15th.
My question to you is do you still feel this might be the case? Do you still feel they might take this in consideration as far as their time table might be concerned or no? Thank you Eagle 1.
JJONESMX wrote on November 10th, 2013, Global Economy: Surprise tactics sweep central banking 11/10/2013 | 01:05pm US/ Eastern Recommend:
General view of the U.S. Federal Reserve building as the morning sky breaks over Washington
After slashing interest rates to almost nothing and printing trillions of dollars, central banks are becoming increasingly reliant on another policy weapon: sucker punching markets.
The European Central Bank shocked investors and forecasters last Thursday by cutting its main refinancing rate to a record low, reacting to a shock decline in inflation.
It was the second big central bank surprise in less than two months, after the U.S. Federal Reserve decided in September not to trim its monthly bond purchase stimulus.
And beyond the immediate impact on financial markets, central banks' shock therapy tactics have also had a lasting effect.
The yield on the U.S. 10-year Treasury bond -- one measure of government borrowing costs -- fell sharply in the aftermath of the Fed's decision, and it shows no signs of revisiting September's peaks for the year any time soon.
The ECB's rate cut helped weaken the euro more than 1 percent against the dollar, and most economists polled by Reuters reckon it will put the currency on a firmly lower path from here -- huge help for the fragile euro zone recovery. <ECB/INT>
With scant room left to cut interest rates again and appetite for more rounds of money printing waning, economists say surprising markets will increasingly feature in policymaking.
"It makes sense that with the artillery becoming depleted, central banks want more bang for their buck now. One way of doing that is to launch surprises in markets," said Philip Shaw, chief economist at Investec in London.
"It wouldn't be a shock if the ECB was pleased that it surprised markets," he added, noting the ECB managed this without breaking its guidance to keep interest rates low or lower for an extended period of time.
AN OLD TOOL, BUT A GOOD ONE
Jolting markets with an unexpected decision has always been in the central bankers' toolkit.
Germany's Bundesbank, for instance, was famed for its sudden moves when it set monetary policy for [size=200]Europe's biggest economy in the pre-euro days[/size], said Elwin de Groot, senior market economist at Rabobank in Amsterdam.
But there are good reasons why bolt-from-the-blue policy moves are even more effective today.
"In recent years, the trend in central bank policymaking has been for more transparency, more guidance, and trying not to surprise the market," said de Groot.
"But occasionally you can surprise, and it works better. It keeps the market sharp; it sends a strong signal to the market that its assumptions were wrong."This year has been peppered with such instances.
Back in April, economists expected the Bank of Japan would ease policy -- but few dreamed it would unveil a plan to unleash $1.4 trillion worth of monetary stimulus into the economy over less than two years.
And wrong-footing markets has become a defining policy tool for the ECB since Mario Draghi became its president.
The ECB cut rates unexpectedly at the first meeting where Draghi was in charge, two years ago this month.
His shock announcement last July that the ECB would take on rising government borrowing costs and do "whatever it takes" to save the euro proved decisive in easing the region's debt crisis.
It remains to be seen whether Draghi's incoming counterpart at the Fed, Janet Yellen, will share his penchant for surprise.
Markets might get a better sense of that when the U.S. Senate Banking Committee vets Yellen's nomination as Fed chairman on Thursday to replace Ben Bernanke, whose term expires on January 31.In a quiet week for international economic data, focus will also rest on the Bank of England's quarterly Inflation Report outlook for the UK economy, due on Wednesday, the second since Mark Carney's appointment as governor.
"What markets will be looking for is where the new forecasts lie, and in particular, where the Monetary Policy Committee views the unemployment rate is going," said Investec's Shaw.The Bank of England left interest rates at record lows on Thursday, but is likely to suggest next week that borrowing costs could rise sooner than it had forecast as the economic recovery gathers pace.
(Reporting by Andy Bruce; Editing by Leslie Adler) By Andy Bruce
aWarren0611 » November 10th, 2013, • [Post 50] FRANK TOLD US KTFA FAMILY .......ABOUT A WEEK AGO ... THAT WHEN THE 1:1 OCCURS ...IT WOULD HAPPEN LIKE A "SUCKER PUNCH" .....
IN OTHER WORDS; ..IT WOULD APPEAR LIKE ..IT'S NOT GOING TO HAPPEN .AND THEN ...IT GOES .....POP ....AND THERE IT IS ....A ...RD..... AND THEN AN .....RI!!!!!!!!!!!
THE ARTICLE ABOVE .........USES THE TERM " SUCKER PUNCH MARKETS"........AND IT CAUGHT MY ATTENTION.
IT IS INTERESTING TO READ ................THAT THIS IS A STRATEGY ...........OF THE CENTRAL BANKS ........AROUND THE WORLD... :hmmm: SURPRISES!!!! SURPRISES!!!!! THEY LIKE SURPRISES!!!!
TO KEEP MARKETS (meaning investors) SHARP...AND NOT TO ASSUME WRONG! THIS IS INTERESTING!
RANSOM wrote on November 10th, 2013, So if staff meetings over... How about a sneak peek into our cc and events over the weekend ?
Frank26 » November 10th, 2013, • [Post 65] Lots of points today and they looked good doing it in ............. Blue. KTFA, Frank
Godly_game_creator » November 10th, 2013,• [Post 74] Hello KTFA Family, check out this link of the CBI showing some small banknotes and new coins, Troy.
Old_Man_River » November 11th, 2013, • [Post 126] Sorry those have been there awhile. I own some of all of those, even the coins (bought most of them on ebay, I think the coins cost me about $4)
alp108 » November 11th, 2013, • [Post 114] It was an ..... HONOR and PRIVILEGE ..... to serve my country
To ALL those wearing or having worn any of the uniforms of the USA
I and the family were in Myrtle Beach at the start of the first Gulf War ..... after a long day on the sand at the ocean we like so many others found ourselves in a long line at one of the local seafood buffets .....
He was an older man, tall with chisled features, soft spoken with large hardened hands and kind eyes ..... we spoke of current events .....
by this time we had arrived at the eight food bars ..... his wife went one direction and my wife followed, the kids went their own way and I followed him ...... he asked if I had served and I said yes and I asked the same of him ..... He said yes and large tears flowed .....
He said he would tell me things and asked me to never repeat ..... I agreed so He continued ......
I was on the first plane that landed in Japan after we dropped the bomb and this is what I saw .....
For ten minutes memories flowed down his cheeks ..... he picked up his dessert said nice to meet you and walked away .....
I was trying to find my crew when his wife came and asked me what her husband was speaking of ..... when I told her ..... she was astonished .....
she said that after the war, her husband came home and never would speak of the war .... not to her, his parents, his siblings or even later his children. ......
To my knowledge you are the only person he has ever shared his experiences with .....
So every Veterans day I think of him and the price payed by everyone caught in a war ...... That day in Myrtle Beach SC, at a seafood buffet, two veterans met, connected and memories flowed down ones' cheek
kaykay3 wrote on November 11th, 2013, 12:37 am: If this could be what Frank has for cc Monday it sure would make me dance Here is to hoping :thumbsup:
another mailman » November 11th, 2013, 2:46 am • [Post 115] Well, I wasn't in on the meeting, but, I think Frank likes to document his intel. So, he might have something close to that and doesn't want to put it out there officially! Just saying.
Bartholomew » November 11th, 2013, 4:28 am • [Post 124] :hmmm: Evening all, just my opinion based on facts and observations, I don't think we'll see any rate change this year. I'm thinking Maliki would like to pull the cork on this closer to the elections next year to insure he gets re-elected. Anyone else have any thoughts?
another mailman » November 11th, 2013, 1:16 pm • [Post 211] I would give it until November 17th. If nothing by then, I would have to agree with you about wait until next year. All the news has been positive
Zeke wrote on November 11th, 2013, Greetings ........... whats shaken !!!!!!!!!!
Happy Veterans Day ............... Happy Marine Corps B-Day (Post) !!!! Not able to post yesterday. To all my Marine Brothers ......... Uh-RAA
Tohgo ........... Our hopes and prayers little Man !!!! ChaCha ........ TY for the update :handshake1: He is a tough kid ....... my most heartfelt concerns for you and your family.
FRANK ........... Thank you for the Staff Meeting ........... I agree with you 110% :handshake1:
Rick ............ Thank you for the "Heads-Up" .......... Michelle sends her Hugs Brother !!!
SIGS ................... only 50 days left until .............. We Are ......... "ONE YEAR CLOSER" !!!!!!!!!!!!!
Frank26 » November 11th, 2013, • [Post 202] Good Zeke ............. 110% is very good indeed. Last night I gave You what the Great Pyramid is missing .............. An Apex.
My dad was USAF for 22 years. Mom and I were very proud of him..... As AF wife and Brat. He was a POW in Korea. He and ALL that have served to protect and die for our country ............ Thank You from the Land of Freedom that I stand on today.
God bless You and Yours Military of The United States of America.......... Amen. This Land ........... In God she does Still Trust. C U on Your CC in 6 ......... As I have it too....... Your 6. KTFA, Frank
Icm » November 11th, 2013, • [Post 227]Very interesting use of a word - "An Apex"
It has so many different meanings other than just the top of the pyramid. Perhaps the "the highest point of interest, excitement, etc.; climax" Or maybe in other words we're only missing the "rate" now and everything else is done. "That's my story - and I'm sticking to it." Lol :heehee Blessings to you all lcm