RE: KTFA Thoughts Thursday AM
Frank26: TY Sir .............. Actually DELTA found 3 to back up the one on M CC............. This is one of them. The wording on all 3 are slightly different ........... We like that PATTERN.
Chillers1959: Oh my goodness, I'm getting butterflies in my tummy!! All of this is just too exciting!!
Frank26: Mine are Dragon Flies the size of bats .......
Theresea: Maybe this was posted already and I missed it. (from CC last night and Monday the time was mentioned again I think)
Frostys notes: BTW – Mission Accomplished Sir! Ex. Order 13303 … and 3:03AM.
So the date has been there all these years? Liberation of Mosul key
1+3+3++0+3=10 (October) 1+(3+3)=16 (Sunday 10/16) 303= @ 3:03 am
Frank26: (wink) (smile)
Frypot: hmmm havent we seen this sort of article with the cbi numerous times in the passed? they probably adjusted it from 1300, back to 1100 like they always do, IMO.
Frank26: REALIZE ........... What if they went from 1300 to 1100 to ............... 1000……Which can be done in a blink of ................. A Mosul.
Ransom: This sounds awesome! I just don't think they would be writing such positive articles about a minimal rise or adjustment!
Frank26: B I N G O ................ An BINGO was his name !!!
Moonrock: Question frank none of this matters until they plant the flag in the center of mousl because that would end the actions and make them article 8 compliant thank you and all of your team do
Frank26: IMO ............ EVERYTHING matters at the moment of this ............... Momentum.
BACKDOC: ONE IS THE LONELIEST NUMBER! IT'S TIME TO GET LONELY! 8@8, DOC IMO
Frank26: Yet Two can be as bad as 1 but not at ................... 1 to 1……REALIZE ................ We inch to the MR............. Daily........... IMO.
SlappySchool: This may be an appropriate time to ask this question.
What will happen to the CC's after they improve the exchange rate? I'm not calling dates here, but based on CC's the study of the monetary reform will be coming to an end...soon! Our favorite word. I'm assuming there will be some type of emergency CC when something actually goes down.
There will be many new decisions to make after they have an international currency, for all of us investors. I guess alot of it depends on what value they come out at on the international stage.
Will it come out immediately in the 2-3 dollar range?
Will it be closer to a 1-1 rate, that increases over days/weeks?
Looking forward to hearing Franks opinions/strategy on the actual exchange process. Additionally CC's will be important post exchange for upcoming KTFA events...I think I just answered my own question
Don961: Localization of capital requires the achievement of economic integration
BAGHDAD / Imad Emirate
Confirmed economic academic Dr Sattar Jaber importance that Arab countries allocate the proportion of the investments, which included plans for joint Arab projects for the resettlement of Arab capital and the continuation of the economic feasibility of establishing a joint venture.
He said Jaber in an interview for the "morning" that it requires the provision of funds to be invested in these projects, which is one of the cornerstones basic strategy to attract and resettle capital of Arab, which requires the achievement of economic integration among Arab countries, to expand the productive base and infrastructure development for these countries in a coordinated manner and integrated in order to expand the pace of its economic development and its potential and available resources so as to achieve their development goals.
Among Jaber, that this step is a preliminary stage to coordinate Arab economic plans through cooperation and agreement between the Arab States to identify various projects to ensure the exploitation of economic resources and deepen the overlap between their economies and avoid duplication between the Arab countries with respect to projects with a production capacity of nature.
He stressed on the need for and the granting of privileges and facilities to the Arab joint projects, enabling them to increase the proportion of investment of Arab capital in the establishment of these projects, Kalaafa from income tax and customs duties certain period of time, especially for imports of investment sector.
He stressed the importance of granting the guarantees of the Arab Investment newcomer and to emphasize the lack of nationalization and expropriation, as well as the establishment of a joint body on the Arab level shall choose the joint Arab projects and promote them, and be this body qualified to assess the economic and technical feasibility of the projects studied and adopted, that is to provide the body with the possibilities and requirements necessary to do the job which is one of the basic techniques to attract Arab capital and employ them in the establishment of joint ventures.
Samson: More IMF joy for Zimbabwe
26th October, 2016
Zimbabwe’s coffers have been boosted after the country got access to $91,2 million, which had been held for seven years pending the settlement of overdue obligations to the International Monetary Fund (IMF).
BY BUSINESS REPORTER
Last week, Zimbabwe cleared its overdue obligations to IMF, when it paid $107,9m after drawing down its special drawing rights (SDR) holdings kept at the fund.
SDRs act as reserves for member countries.
The payment unlocked the SDR 66,4 million ($91,2m), which has been held in an escrow account pending the clearance of Zimbabwe’s arrears to the Poverty Reduction and Growth Trust (PRGT).
IMF resident representative to Zimbabwe, Christian Beddies confirmed that Zimbabwe had accessed the escrowed money.
“. . . the amount held in escrow is indeed SDR 66,4 million, which became available to Zimbabwe after settling the overdue obligations,” he said.
Beddies said after the settling of the PRGT arrears using SDRs, Zimbabwe now has a balance of SDR 80,4 million (about $110 million) in SDR holdings.
In 2009, IMF gave Zimbabwe $510m under a $283 billion facility given to member countries to bolster their reserves devastated by the global financial crisis.
IMF said the clearance of the PRGT arrears would not result in direct financing, as the executive board has to lift the remaining remedial measures imposed on Zimbabwe because of the arrears.
It said the process required Zimbabwe to clear arrears to other international financial institutions — the African Development Bank (AfDB), the World Bank, and the European Investment Bank (EIB); to have a commitment by bilateral creditors to provide a debt treatment, in line with applicable IMF policies; and to implement strong fiscal adjustment and structural reforms to restore fiscal and debt sustainability and foster private sector development.
Zimbabwe owes AfDB ($601m), the World Bank ($1,1bn) and $240m to EIB.
Emailed to Recaps:
"Minutes Hours Days Come and Go" - Anonymous Guest Post
8:59 AM EDT on October 27, 2016
Well, my fellow currency holders, it appears that the backwall date for the RV/GCR to happen, keeps getting pushed back to a later time of expanded discontent. The main INTEL mouthpieces put out upbeat information, and it is a good thing. After all, it keeps hope alive, but in divine spirit; we ALL have to call upon our higher self, to stay calm, if we are let down by another empty date
Many of us, are near rock bottom, while others have been there already. The true reality, is that most all of us, fail to see the complexity of this great event.
We have dark powers still trying to cast their weight upon us all. Those dark powers have been calling the shots for years upon years. They do not want to lose power and their wealth, plus be tried for their corrupt deeds. It is not a simple matter, when people are at risk of losing their lives, in this fight to restore our Great Republic.
Lets remain patient, until November 8th, and see if the current election gets delayed, until January. In my opinion, if we do not reap our blessing by November 8th; there is a good chance, we will not see our blessing this year.
For those with common sense, I don't need to mention; what lies ahead for all of us. God Bless Us ALL!
Angel: Europe on eve of banking ARMAGEDDON which will dwarf 2008 global crash, warns expert
GERMANY, Italy, Switzerland, Britain and France are facing the catastrophic consequences of ‘over leveraging’ as Europe's biggest banks prepare to release their latest results over the next two days.
By SIOBHAN MCFADYEN
PUBLISHED: 04:25, Thu, Oct 27, 2016 | UPDATED: 07:41, Thu, Oct 27, 2016
With alarming simliarities to the 2008 global financial crash, the latest results could spell disaster not only for the wealthy bankers paid to operate the system but for ordinary savers.
New York based David Hendler of Viola Risk Advisors says the next two days could have serious ramifications for the entire globe.
He said: "Like autumn leaves falling from the mighty oaks, the incredible yellows, oranges, and reds, will turn and rot into the ugly browns and black detritus, leading to smelly and then crumbled leaves.
Deutsche Bank's debt could affect the rest of the European banks
"Once a mighty European bank, unfortunately, Deutsche Bank is going down that “death-spiral” path and much of the big European banks are too whether due to their own transgression or sucked down into the European bank ocean depths by the biggest bank in Europe, Deutsche Bank.
"Compounded by a crippled Italian banking system with no easy way out, and anaemic French banking and half-hearted British banking, these big European region banks do not present any good merger saviours.
"Don't look to the Swiss which are always insular and with Swiss banking continuing in its fortress-like capital wall building mode cannot handle troubled balance sheet banking target.
"Also, with Swiss banks formerly old reliable asset management business continuing to slow whether in China region or Europe and America, they are revenues challenged.
Lloyds could need a state bail out
"Spanish banking, though experiencing sluggish revenues seems to be buoyed by its lock on its domestic retail banking markets.
"But don't look for the 'conquistador banks' for any mercy mergers either."
Mr Hendler who held a conference call with global investors yesterday is preparing to publish a lengthy report tomorrow when the results begin to become clear.
The IMF has refused to step in to prop-up struggling bank
He added: "For the most part, all of the above-mentioned German, British, Italian banks either require a State government intervention or they have already been intervened.
"SocGen is the most dangerous French bank with huge systemic risk, ranking as the third highest exposure at $72 billion according to the NYU V-Lab.
"More troubling is that based on the European Banking Authority stress test forecasts.
"For the year 2017 it would take SocGen 11 years to rebuild its capital from pre-tax pre-provision operating earnings.
"That is just plain too long a capital rebuild period and speaks to the company's dangerous systemic risk profile.
"Yet, if the biggest bank in Europe is scrambling, this condition could spread like a wild-fire and encircle much of European banking leading to a possible state of contagion aka as a European regional banking systemic liquidity crisis a point we made in early September."