[burk50] FlAshing,why is Jan 15th an outside date? Any special reason?
[burk50] Flashing,if Iraq signed off months ago,why do we care about border agreement?
[flashing] burk50 based on what i have read , international security and peace .
[dinar1203] Under a fixed exchange rate system, only a decision by a country's government or monetary authority can alter the official value of the currency. Governments do, occasionally, take such measures, often in response to unusual market pressures. Devaluation, the deliberate downward adjustment in the of
[dinar1203] in the official exchange rate, reduces the currency's value; in contrast, a revaluation is an upward change in the currency's value.
[dinar1203] In 1973, the United States officially ended its adherence to the gold standard. Many other industrialized nations also switched from a system of fixed exchange rates to a system of floating rates. Since 1973, exchange rates for most industrialized countries have floated, or fluctuated, according to
Read More Link on Right
[dinar1203] according to the supply of and demand for different currencies in international markets. An increase in the value of a currency is known as appreciation, and a decrease as depreciation. Some countries and some groups of
[dinar1203] countries, however, continue to use fixed exchange rates to help to achieve economic goals, such as price stability.
[flashing] burk50 why GCC is exercising pressure over Iraq too to sign off that agreement?
[burk50] GCC who is that?
[flashing] burk50 gulf cooperation council
[burk50] When is the Bush,Chaney 10 yr plan,actually up?
[MarineMom] burk50 in April
[skysthelimit] any minute I think
[burk50] Marine Mom ,not waiting till then are we
[richc] burk50 MarineMom where is a copy of the plan, i would like to see it.
[skysthelimit] is there a written copy of that?
[MarineMom] richc I will have to look for it... I haven't seen it in a long time. I believe it's called the strategic framework agreement.
[MarineMom] burk50 I hope not
[dinar1203] flashing - if we go asset backed currency we should see a good fixed rate!!
[flashing] dinar1203 agreed and they have been doing that for several months. they quadrupled gold reserves during the 3 months period ended oct 31
dinar1203] flashing - agreed - it also gives evidence that it won't be a float!
[flashing] dinar1203 that s my opinion too. altough these other people are saying other things
[dinar1203] flashing - if we go back to gold standard currency will not be manipulated by market pressure either!!
flashing] dinar1203 right
[flashing] Arab Gulf states called on Tuesday Iraq to “remove excesses” because of obstruction maintenance marks the border with Kuwait, also urged the Iraqi factions to reconcile among themselves permanently. The Gulf Cooperation Council said in a statement received “Twilight News” a copy of it, that Iraq should implement Security Council resolutions, including the completion of the issue of the maintenance of border signs between Kuwait And Iraq.
[burk50] Heard that the RV could not happen until all was completed in the plan.Think most all is done.Think some of the calls that like articles ,are trying to follow with articles as to where we are..Also this has become a Global reset and do not think that was in mind at that time,right??
[SSO_Scooby] Economist: Iraq reserves of gold is a good step to support the national currency...aghdad (newsletter) … Economic expert considered Jalil Al-Rubaie, a Central Bank to strengthen the reserves of gold in addition to dollar “a positive step” to support the national currency. He said Al-Rubaie (News News Agency): most world States began distancing themselves from the fact that the dollar price of wobbling as a result of the global economic crisis, it had to store gold is safe haven for national currency to keep it from being lost. He added: that a Central Bank towards enhancing its gold reserves and reduce dependence on the dollar is a positive step and will support the national economy and the Iraqi dinar. And the reports of international organizations, noted that Iraq has sought to store gold to strengthen reserves of gold and cash reserves of the dollar in order to maintain his property and stability of the Iraqi dinar exchange rate. http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http://www.ikhnews.com/news.php%3Faction%3Dview%26id%3D68791
SWFloridaGuy] SSO_Scooby That's a great article. I like that one. They've been saying that a lot lately
[SSO_Scooby] SWFloridaGuy ...what you have turn into a lurker now lol
[SWFloridaGuy] SSO_Scooby I try but I always fail miserably. I gotta big mouth.lol
winalot] ok.. here is a couple things to think about....the IMF update yesterday had 2o+ blank countries.. USD and GBP being 2 of em... they are ALWAYS filled in... , and the CBI hasn't reported since the 24th. http://www.imf.org/external/np/fin/data/rms_rep.aspx