Thanks My Ladies for letting us share from your private chatroom
MY LADIES: PLEASE READ THIS
MY LADIES: I READ THE FIRST FEW PARAGRAPHS AND HAD A HOLY CARP MOMENT...WE ARE REALLY GOING TO WORK THE NOODLES TODAY...LOL..
MY LADIES: HE SAYS IT IN THE ARTICLE (Jack Lew)
"A lot of the debate has focused on one square inch of one bill, and that's not where we intended the focus to be," Lew said. "It’s bigger than this one thing that's going to happen to this one note."
MVL: Fewer dead Presidents, newer anti-counterfeiting deterrents, a big overhaul. Hasn't been done in almost a century.
MY LADIES::::WHO CARES ABOUT WHO IS ON THE BILL???? WHAT IS THE UNDERLYING MESSAGE??
MVL: That the greenback as we knew it is going away...?
MY LADIES: .... WELL IN WHAT SENSE...WHAT DO YOU MEAN???
MVL: My noodle says the appearance of our cash is just a precursor to the paradigm change that's coming with its use as well.
PrincessDD: That we are getting NEW CURRENCY…….Is this one likely to be asset backed?
LM: That’s what I was wondering Princess (think) I’m also feeling like this whole global currency/ mechanism thing could pop at any time
MY LADIES: The next generation of bills will be the most complete overhaul of U.S. currency in almost a century. In addition to featuring a woman for the first time, new bills will contain new anti-counterfeiting measures — some of them secret — tactile features for the blind, fewer buildings and monuments and, possibly, fewer dead presidents. Each bill could have more than one figurehead, or there could be different series of the same denomination, each with different designs.
The process, too, is unlike anything undertaken by the Treasury Department before. Unlike previous changes in the look of money, which were dictated by a small number of bankers and Treasury officials, the look of future bills will be a national decision.
MY LADIES: NEVER EVER DONE BEFORE...NEW DETAILS...NEW SECURITY...WHERE DID WE READ THESE WORDS BEFORE??? TACTILE FEATURE FOR THE BLIND!!!
Princess DD: Iraq is also doing that to stop counterfeiting…Wow more pieces of the puzzle. This is all going down like a one-egg pudding!!
Princess DD: Currency Wars: China Now Has Unprecedented Control Over the U.S. Dollar http://moneymorning.com/2015/08/20/currency-wars-china-now-has-unprecedented-control-over-the-u-s-dollar/
MVL: Wow. It'll probably be plastic too, like the VND.
MY LADIES: DO YOU SEE SOMETIME HOW WHAT WE ARE READING IS NOT WHAT WE’RE READING???
PrincessDD: Looks like they are doing so much more than we expected. It is for me anyway.
MY LADIES: JACK LEW TOLD US WE ARE GETTING A NEW CURRENCY WITH THE SAME WORDS USED BY IRAQ AND OTHERS AND DID IT UNDER THE TITLE OF WOMEN ON THE BILLS.
THEN HE SAID IN THE ARTICLE SO MUCH ABOUT 1 SQUARE THAT IS NOT WHAT THEY ARE TALKING ABOUT…
LM: so the one square Lew referred to… might that be the gold color on the new 20 dollar bills - what dinarland thinks means asset backed is coming???
MY LADIES: NO NO NO LM HE'S SAYING EVERYONE IS FOCUSED ON 1 SMALL SQUARE AND THIS OVERHAUL IS WAY WAY MORE THAN THAT....
HERE LOOK...."A lot of the debate has focused on one square inch of one bill, and that's not where we intended the focus to be," Lew said. "It’s bigger than this one thing that's going to happen to this one note."
Sager: Holy crap things are moving at lightning speed in the global finance!!
MY LADIES: WELL SAGER IT'S LIKE THE LIGHTNING ROUND...EVERYONE EVERY WHERE HAS SOMETHING NEW TO ADD..
Eyeguy: I got goose bumps is that like tingles?
AW: Folks,..........every year there are a million plus new millionaires created. There is a brief mention of it on the news and then there is a yawn and nothing is said again until next year. Expect the same reaction to this investment.
PrincessDD: What a very eventful day!
MEMPHIS: I know it is early in this subject of new $ from UST but here is my initial take...
When I read big Jack telling me don't look over here..."A lot of the debate has focused on one square inch of one bill, and that's not where we intended the focus to be," Lew said. "It’s bigger than this one thing..."
Then guess where I wanna look! Based on trends afoot I fully expect this one small portion of our money to be quite central to us all and it will (once all the dust settles) be known that we have a massively intrusive form of currency controls placed upon us all.
Not only will the banks track your business but your bills will be traced, they will have a history and if you choose to simply park them under a mattress? The location will be known.
Not trying to creep anyone out here but the storyline of "counterfeiting" is as old and tired as "terrorism"! It is lifted right out of Ch 1 of the playbook.
MY LADIES: MEMPHIS ARE WE SURE ABOUT THE MATTRESS?? THE MAGNETIC STRIP THAT IS ON HE 100 AND THE 20 NOW ARE TRIGGERED BY THE SYSTEM. THEY NEED TO BE READ THROUGH A TERMINAL...I'M NOT SURE HOW THEY WOULD TRANSMIT FROM THE MATTRESS..
MEMPHIS: no, not sure....I have no first hand knowledge of anything the UST is doing but the technology exists and the trend towards capital controls in general often drops off of our radar screen but it is silently moving nonetheless. (handshake)…..Just an initial take on today's press release...
MEMPHIS ...HUMMMM I THINK AFTER YOU READ THE ARTICLE YOU WILL SEE LEW WAS TRYING TO DO WHAT I TRIED TO DO FOR HALF AN HOUR THIS MORNING....LOL...
I WAS TRYING TO GET ROOM TO UNDERSTAND WHAT WAS FAMILIAR WITH THE 10 PEGS AND THEY KEPT COMING BACK TO THE DINAR AND THE SDR...
IN THIS COMMENT I THINK LEW WAS REFFERING TO THE OVER 2000 RESPONSES THEY RECEIVED FROM TWITTER ABOUT THE 2 INCH SQUARE..WHEN IN FACT THE REFORM IS MUCH BIGGER THAN THAT...
HERE HAVE A LOOK... http://www.usatoday.com/story/news/politics/2015/08/20/woman-10-launch-currency-overhaul/31917533/
MY LADIES: IRAQ NEEDS MORE REFORMS AND THEY NEED THEM RIGHT NOW!! SISTANI SPEAKS AND STUFF HAPPENS!
Grand Ayatollah Sistani demands real reform to avoid Iraq split
MVL: Sistani is a sandbox version of E.F. Hutton: when he flaps his beak, all the birds listen.
AW: ML stated: HEAVENS THE SWISS DEPEG WAS TALKED ABOUT FOR WHAT A DAY OR 2 AND THEN ON TO OTHER THINGS RIGHT??? AND THOUSANDS OF REGULAR FOLKS DID NOT EVEN KNOW IT HAPPENED...RIGHT??
AW: And the folks still don't know it.
PrincessDD: 8 Countries Taking a Cue From China on Currency Devaluation
Any of the 'stan' countries are vulnerable," Randolph said, referring to Kazakhstan, Tajikistan, Uzbekistan, Kyrgyzstan, Turkmenistan, Afghanistan and Pakistan. "Azerbaijan could possibly devalue again after doing so back in March and decoupled from the dollar peg." https://www.thestreet.com/story/13262221/1/global-markets-on-edge-amid-currency-devaluations.html
MY LADIES: YES YES YES...YOU SEE...MORE TALK OF IT....
PrincessDD: Hong Kong's banks could be hit as city's status as yuan hub under...
Phase one of the China International Payment System (CIPS), a worldwide payment superhighway for the yuan, which allows offshore .. http://www.scmp.com/business/markets/article/1850987/hong-kongs-yuan-hub-status-under-threat
MY LADIES: YOU SEE HERE IN WORDS...NOTHING TO DO WITH NUCLEAR WEAPONS!!!!!!!!
JCPOA blocked West bullying, excessive demands: Araqchi http://www.presstv.ir/Detail/2015/08/19/425378/Iranian-deputy-foreign-minister-Abbas-Araqchi-nuclear-agreement-
PrincessDD: Let China Join the Global Monetary Elite
China wants the RMB to join the special drawing rights basket. It’s in America’s best interest not to stop it. https://foreignpolicy.com/2015/08/20/china-currency-imf-special-drawing-rights-renminbi/
Princess DD: China edges closer to IMF seal of approval with Yuan move
Bloomberg August 21, 2015 Last Updated at 00:17 IST
Princess DD: That has the August 21, tomorrow date on it!
PrincessDD: Washington, China, and the Rise of the Renminbi: Are the Dollar’s Days as the Global Reserve Currency Numbered?
August 20, 2015
China is calling for a reform of the international monetary system to expand the internationalization of the renminbi. Speculation has begun about whether the U.S. dollar could be supplanted by the renminbi. Such a development would jeopardize the enormous economic advantages that the United States has enjoyed by possessing the world’s dominant currency. Moreover, it would signal a relative decline in American prestige and global leadership. The answer to the dollar’s potential decline is not to seek obstacles to China’s or any other nation’s economic success, but to change fiscal and monetary policies at home in order to maintain the dollar’s competitiveness.
PrincessDD: Kazakhstan’s currency plunges after central bank abandons USD peg http://www.euronews.com/2015/08/20/kazakhstan-s-currency-plunges-after-central-bank-abandons-usd-peg/
MY LADIES: RIGHT AND NOW THERE ARE 9 MORE SLOTTED TO DO THE SAME THING
'No capital controls or ringgit peg'
Princess DD: Markets ride wave of global meltdown fears https://www.cnbc.com/2015/08/20/markets-ride-wave-of-global-meltdown-fears.html
Princess DD: Shades of 1998 for global markets—or not?
Now, currency reserves are at or near their record levels, Sinche said, and there's unlikely to be a panic for greenbacks to service dollar-denominated debt.
Now countries have been able to use their currency as a "release valve" for comparative weakness, and so are in a much better position than they were in the '90s, Kelly said.
MY LADIES: HAHAHAHA….WHERE DID IT GO????
Commodity Rout Erases $2 Trillion From Stock Values http://www.bloomberg.com/news/articles/2015-08-20/commodities-rout-erases-stock-values-the-size-of-india-s-gdp
PrincessDD: Mohamed El-Erian: Current Risk Aversion Will Lead To 'Interesting Investment Opportunities In Future'
Mohamed El-Erian: Current Risk Aversion Will Lead To 'Interesting Investment Opportunities In Future'
"It happens in emerging markets," El-Erian began. "We are seeing currency pegs fall, we are seeing emerging market currencies weaken. Read more: http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5781391/mohamed-el-erian-current-risk-aversion-will-lead-to-inte#ixzz3jOhey65t
Joey: The peso fell the lowest close on record. It also posted the biggest decline among 16 world major currencies tracked by Bloomberg. http://www.bloomberg.com/news/articles/2015-08-20/mexico-s-peso-leads-world-losses-amid-emerging-market-selloff
PrincessDD: So ML we are watching lots of currencies depegging or getting ready to depeg from the USD. Doesn't that mean they will be part of the "1" in the 5 plus 1?
MY LADIES: ALL CURRENCIES WILL BE THE +1
HUMMM A CASE OF HE SAID SHE SAID...
Central Bank: the use of a global issue bonds to banks to six billion dollars in 2015 put the first http://www.alliraqnews.com/modules/news/article.php?storyid=13197
A member of the parliamentary Finance calls to rely on the issuance of national support instead of international debt securities http://www.alliraqnews.com/modules/news/article.php?storyid=13212
Sager: I want to bring in something from Greg Mannarino.. someone posted one of his videos a few weeks ago. Some of us were also wondering if he had an agenda, which I don’t believe he has. This video is a bit controversial, and would categorize this in the “extreme” realm, but I’ve watched this guy in the past, and I’ve never heard him say something like this. I would like to post this and see what you all think, because quite frankly, I’m not sure how he came up with this. But I do know this guy has been pretty sharp in the past: https://www.youtube.com/watch?v=7hMF8CfLxWg
MY LADIES: SAGER I POSTED HIM BACK IN THE SPRING..I TRULEY LOVE THIS GUY... WHEN I POSTED HIM I SAID HE REALLY DOES NOT HAVE AGENDA
MY LADIES: SITUATION CRITICAL: FORMER FED. CHAIR WARNING OF DEBT BUBBLE . By Gregory Mannarino https://www.youtube.com/watch?v=7hMF8CfLxWg
PAY ATTENTION...HE IS NEVER THIS DRAMATIC...SO HE HAS MY ATTENTION... AND WHAT HES SAYING HERE IS WHAT I SAID TODAY...NO ONE IS WATCHING THIS..
GO JUMPING OFF CLIFFS YET BUT DO STORE THE MESSAGE MINUS THE DRAMA IN YOUR HEAD..
GOOD NIGHT ALL