Yada: ,With what we understand that the banks have been on high alert for at least the last 2 months and rightly so because they are informed by our treasury,,, Ray has sided with the banks,,, on the other side of the coin,, the issues with Mosul are getting someone's attention to hold the banks,,, with the successes we are hearing,, believe whoever is holding the banks are making sure once WE are released the public are right behind it,, not a repeat of 2014,,
Glajef: Yada..Thanks. By what happened in 2014, do you mean the exchange process being released to the "elites", and not the general public?
Yada: Yes,,, I beleive someone released it in 2014 but other agendas came in and stopped after a bit,, since then,, every declaration of was done piece by piece ,,possible to measure any fall out,,, no more pieces left and as Bluwolf stated yesterday,, the next step has to be the release
Yada: I believe the private exchange that took place in 2014 was not to be general knowledge but was released,,,, We had DC at that time,,,,,I believe without his contacts, we'd probably not know
Chuicy: do the elite just get the top rate no matter what it is?
Yada: chuicy,,top rates are of no consequence,,,remember many of those exchanges were SKRs,,
KingdomWarrior: Time will tell and we're marching closer each day to the elections.
Yada: Kingdom,,,I remember when that thought was suggested and people have just ran with it,, we are in go position that cant wait until Nov
Chuicy: since pres o was just in vietnam, what is the vnd looking like?
Yada: Chuicy,,sad to say,,,O was there to release the selling of armament to Vietnam after all these years,,nothing else,,the value of the dong coujld be effected but it was not what Yosef stated on Bruces call and it wasn't a release into their sovereign status,,they were already sovereign prior to the release,,WhY,,they are in the top 5 economies in the world,,
Chuicy: so if vietnam is within the top five economies in the world, then they dont have to revalue, do they?
Yada: Chuicy,,,,they have gone as far as they can go,,China has partnered with them and especially with the new Oil reserves discovered off their coast,,the need to expand to tap that resource,,
Chuicy: so 133303 wasnt for the general public, it was for the elite? correct?
Yada: No,,it was for the general public,,it was a public release by Pres Bush and recorded several times on the net
Luvwolfs: GM TNT !!! Interesting Pres O is in Japan now...Along with the other G7 leaders. Economies on the platter. Hang in there :)
Beams: emailed to me (I cannot not deny nor validate) >>8 mins xxxx I RECEIVED THIS LATE LAST NIGHT: TEXT FINAL RV RELEASE WILL BE SOMETIME TONIGHT WITH 100% FULL ACCOUNT LIQUIDITY AFTER MONDAY HOLIDAY.
THE ROTHSCHILDS SIGNED OFFICIAL SURRENDER PAPERS, AND THEY WERE TAKEN TO THE HAGUE TO BE RECORDED TODAY. I BELIEVE THEY ARE TAKING US TO JUNE 1. ON JUNE 1 WE ARE OFFICIAL
WE ARE GOLD BACKED. GROUP GOES BEFORE US NEEDS TO START THEY SHOULD START TODAY (THURSDAY) OR TOMORROW OR COULD BE THE FIRST OF JUNE. HEARD FISHER SAYS TODAY. TIER 4 FINISHES TODAY! WE ARE TIER 5.
TeePee: Breaking News Update from Benjamin Fulford -- May 25, 2016
"The Rothschilds have contacted the White Dragon Society so the 1 ton gold offer has been suspended. Negotiations are proceeding."
BEAMS : Return To The Gold Standard? Demand For Gold Rises 21% in First Quarter of 2016
Walkingstick: Back online after being cut off for hours across Iraq
Internet service is back after a full break in the general areas of Iraq continued for several hours on Thursday, to coincide with the commencement of the general ministerial exams to study middle.
And began to drop at five in themorning to return the network to work after nine o'clock in themorning, in conjunction with thelaunch of the exams, which usually begins at eight in the morning.
the Ministry of Education in an earlier start of the general ministerial exams to study the time junior high on Thursday , the twenty - sixth of the month of May, while the ministerial exams middle of the study was launched on Wednesday , May 25 with the participation of 450,000 students.
Walkingstick: The Saudi Arabian currency might be cracking
Thu 26 May 2016
Saudi officials going after banks
Bloomberg reports that Saudi Arabian regulators are probing bank currency trades as the nation's currency peg comes under strain.
The monetary agency is seeking details on banks' forward contracts and warning them about structured products.
"The Saudi Arabia Monetary Agency has asked lenders to explain why they are offering dollar-riyal forward structured products to customers less than four months after the regulator banned options contracts that let speculators place wagers on a currency devaluation, the people said," Bloomberg reports.
Sounds like a bit of a panic move. Riyal 12 month forwards rose 590 points today in the biggest jump since Feb.
The story says the officials want transaction details from all banks on structured product trades dating back to Jan 18.
The Saudi Arabian riyal has a hard peg to the US dollar but given that it's a petrocurrency, betting on a break is a big trade and a hedge fund favorite.
Rumors like this can spark a run on a currency as locals buy up US dollars and exacerbate the problem.
The general thinking is that a break would be bad for oil. There would certainly be some domestic turmoil and the reaction may be for Saudi Arabia to shore up government finances buy tapping whatever reserve capacity they have.
The flipside would be that if rising turmoil leads to supply disruptions or a lack of investment but that all seems far off. The Kingdom is still extremely rich.
Another risk is that a run forces Saudi Arabia to sell foreign assets at a faster pace.
Walkingstick: Egypt Digs Deep for Gold in Desert Where Pharaohs Only Scratched
Walkingstick: May 26, 2016
Alexander Nubia’s project could cost up to $500 million
Gold mine to be Egypt’s second since Centamin started Sukari
Miners in Egypt are digging deep at what will be the country’s second gold mine, excavating in a desert where the pharaohs tried without much success to unearth the precious metal 5,000 years ago.
Alexander Nubia International Inc., a Vancouver-based miner, may open the as yet unnamed mine by 2019 at a cost of up to $500 million, Chief Executive Officer Mark Campbell said in an interview at the company’s Cairo offices. Centamin Plc operates Egypt’s only other active gold mine, Sukari, which opened in 2009 and produced 439,072 ounces by last year.
“We’re using modern technology to go where the ancients went before, and basically exploit what they couldn’t,” Campbell said. "The old-timers could go to about 30 meters (98 feet) and mined by hand. They didn’t have the technology to go deeper.” Alexander Nubia is drilling core samples at depths of up to 350 meters, more than twice the height of the Great Pyramid of Giza.
Egypt had all but abandoned mining after its British rulers left in 1952. The pharaohs, the Romans and the British all dug in the mineral-rich Arabian-Nubian Shield area in the country’s Eastern Desert, but they lacked equipment that could go deep enough to extract much gold. Centamin introduced modern open-pit mining to Egypt that helped to identify deep-lying resources.
While the country has significant natural gas deposits, its mining industry is much less developed. Mining and quarrying contribute only 0.4 percent of its gross domestic product and 1.5 percent of total exports, in spite of the large potential, Campbell said.
“Our main focus is gold, but we will of course look at all other precious and base metals that we may have in this deposit,” Campbell said. Geologists at Alexander Nubia are currently collecting samples to be sent for analysis in Romania.
Alexander Nubia is exploring over 2,700 square kilometers (1,042 square miles) in Egypt’s Eastern Desert, about 800 kilometers southeast of Cairo, in an area known as the Arabian-Nubian Shield.
The company expects to announce its initial estimate of resources from the area later this year and declare a discovery in one or two years, Campbell said. The company has identified at least six sites that were mined in ancient times and show potential for production.
The company’s shares have climbed 25 percent this year in trading on the Toronto TSX Venture Exchange, lagging behind Centamin’s 59 percent advance in London, as gold rallied.