[cruiser] “We think that talk of currency wars is overblown,” Ms Lagarde said. “People did talk about their currency worries. The good news is that the G-20 responded with cooperation rather than conflict today.” http://www.telegraph.co.uk/finance/economics/9874893/Christine-Lagarde-plays-down-talk-of-currency-wars.html
[Josey Wales] cruiser good stuff Brother........
okrocks] cruiser yesterday we read all the news articles on her from the G20 and decided we are ready ;)
[RFrost] cruiser I like that article and this one too. http://www.foxbusiness.com/news/2013/02/16/us-hopes-to-finalize-imf-vote-reforms-soon-us-official/
[RFrost] cruiser Yuppers, kinda makes ya smile deep down, dont it? grin
[cruiser] RFrost yes it does.
[rotormech35] I really think the "announcement" was yesterday with that press release... not sure there will be another one on any of it
[rotormech35] it will just happen
sandytob] rotormech35 agree
Read More link on Right
[citizensoldier] The optimist thinks this is the best of all possible worlds. The pessimist fears it is true. J. Robert Oppenheimer
[citizensoldier] The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails. William Arthur Ward
[michigander0131] Baghdadiya News - 02/17/2013 - 12:01 pm Translation / Baghdadiya News / .. Male corner site to the World Gold Council has revealed in its annual report that Iraq had bought 24.1 tonnes of gold during 2012 report pointed out that the world's central banks have increased their purchases of gold over the past year to the highest level 48 years ago. The report went on to say that Iraq has benefited from high oil prices to buy this amount of gold reached global gold purchases to 236.5 billion dollars and amounted to 4405.5 tonnes. Analysts said that the main reason for the increase purchases due to the volatility of exchange rates amid fears of a currency war. Finished / 21
[michigander0131] The heads of the CBI must think our dollar will drop in value for them to be beefing up their gold stocks. Iraq's reserves are predominantly USD and why not, they get paid in USD for their oil. Today, the US dollar is the "petro dollar". Tomorrow or at some point that may change. It also doesn't take a great leap to come to the conclusion that Iraq will end up in a basket of currencies rather than remained paired to the US dollar. Gold is the CBI's way of saying to the world, our currency will not be affected by any major economic downturn.
Late Saturday Night:
Precious] Poppy said good Legarde speech...terry k says NOW...Blaino say maybe midnight
[Precious] 2-16-13 Caper: The world economy is saved!!!! The IMF has been working on complex formulas which would determine the value of a country's currency based on their resources and productive capacity. They are currently in the process of revaluing 133 national currencies. (Article in Forum) [The World Economy Is Saved!!!!] interesting read!
Precious] Paris Agreement expires 2-23 and they have a feast planned for that day
[wtfsmdh] United Nations Approved RV RV IS ALMOST HERE. Saturday, 02 February, 2013 UN's to release Iraq from CH VII WITH CONDITION TO RV 2-4-2013 The HEAD of the DEPARTMENT of BANKING and Finance Ministry: “the DINAR traded in global financial directory sites on the recovery of the currency and that there is a future for the Iraqi dinar and would SOON RETURN to what it was before 1980 BECAUSE of the GLOBAL DEMAND in the GLOBAL FINANCIAL MARKETS”. 05 February 2013 Iraqi Dinar Could Rise as Much as 15% in the coming month. Source: Iraqi Cabinet) General Secretariat of Iraq’s Council of Ministers has ruled out the replacement of the currency or cancellation of three zeros “at this stage”, and it is seeking to raise the value of the dinar against the dollar. 2-5-2013 Washington TIMES newspaper: Iraq will be the largest in the world oil power.
[BamaSteve] wtfsmdh Did this just come out?
[wtfsmdh] nah got that monday
[skipperrv] wtfsmdh if I was sure it was this month, I would quit my job! lol
[arizona49] wtfsmdh was that just reported, or is date of report 2/2/13
[wtfsmdh] wait i got that on the 5th
[BamaSteve] wtfsmdh arizona49 How was that not MAJOR news? UN to release CH 7.
[wtfsmdh] an email
[arizona49] wtfsmdh if you received that last Monday....looks to me by the date of 2/2 this was out on that date
[BamaSteve] wtfsmdh email from the WASH TImes?
[wtfsmdh] im not making it up a dealer sent that to me and im just now sharing it
[arizona49] BamaSteve Maybe the PTB's wanted to hold it quiet here.....I don't know
[arizona49] BamaSteve Hey, the news media has been gagged for quite sometime on a lot of stuff.....this could be the same situation