ALLonghorn: Question: We have been told for weeks that Iraq is not the final decision in the RV yet we are getting constant news about the ISIS or does Iraq have to become whole again in order for the RV to take place?L front in Iraq and how that is going. Am I missing something
BeachCindy: This is called the GCR (GLOBAL Currency Reset) for a reason .... not the Iraq Currency Reset ... look to the larger picture ... 209 countries involved ... even 'way back tony/DC said Iraq had done all it needed to do, that laws would always be changed as they run their country just like US, but none necessary for GCR….
Remember Tony emphasized the importance for all of us to read and understand "The Creature from Jekyll Island" ... ask yourself why Tony believed that understanding on our part was so important to this process.
BeachCindy: if we were once a gold-backed (also called asset-backed) system of currency and then that changed in ways Tony/DC advised were not helpful, what if what we're experiencing, participating in actually, was in reality a return to a fairer system?
BeachCindy: so maybe that's why the banks are so important in this process ... not only because they'll handle our exchange money but because they are currently operating on a fiat system ... if that's to be changed, banks would be heavily involved in enacting those changes… maybe the return to asset-backed IS the process…. maybe the GLOBAL Currency Reset IS the whole world returning all as one to the asset-backed system
BeachCindy: watch instability in GLOBAL markets, anything to do with money: banks, stock markets internationally, etc. its called the GLOBAL Currency Reset so we can assume it is a global change, not a change in only one country
BeachCindy: maybe that return has enfolded Iraq's lift of UN sanctions, etc. and return as a viable international country on the world market as one part of the return to the asset=backed system
BeachCindy: we heard about the financial mess of Greece, Portugal, Ireland, others ... our stock market jumped around a couple of weeks ago ... so I try to think GLOBALLY ... how could so many countries be involved in financial crisis? what would be the cause and solution?
BeachCindy: and, to me, in my opinion, the only answer seems to be a return to the gold=backed system ... that would involve all countries, be a slow and methodical process, involve many different agendas and egos, etc. yet need to be precise and intricate and we're heard of all the little pieces that caused problems as worldwide computer systems attempted synchronocity
BeachCindy: so , in my opinion: if Tony recommended those two books and that's all we have left to cling to at the moment, what do they tell us? and why are they so important? what would involve the whole world? and be such a major transition? it feels too narrow to me to focus on only one small country that, by everyone's opinion, has made great progress
BeachCindy: what I learned, I learned from Tony/DC ... they taught us well I believe ... they recommended those books: creature and Confessions of an Economic Hitman so I've studied those and tried to think thru why was that so important " thinking globally seems to me to be the only way that makes sense ... they said Iraq was done, so what's left?
BeachCindy: last thought: if correct, as I believe, how can we best prepare ourselves? a massive currency reset will cause havoc, the dinar community is very small and most know nothing of this ... so maybe its up to us to help assure the world that this process is for the good of all is well=conceived and carefully enacted over much time, will be different but better ... change is always discombobulating ....
I will stay far away from stock market/investments until the dust settles… Be prepared: I believe we are on the verge and great in both meanings of the word, changes are upon us
Ecubucs: beachcindy i've thoroughly enjoyed reading your thoughts this morning and I couldn't be more On Board! Though, I've Not read the suggested reading I've had breakfast with Tony and completely agreed with your statements below. I Do Completely as well! I read and study much and have fantastic contacts. I support your words Wholeheartedly!
BeachCindy: whether the return to gold-backed currency is the cause of effect as some could argue, either way it seems to benefit us well to prepare for the change ... sit tight on your exchange funds and prepare your PIF plans, take a few months to wait it out and let the dust settle ... altho I do believe we have a responsibility to help feed the hungry, PIF for those in dire need, etc. ... but for big purchases, and investments, most likely better to give it a few months
BeachCindy: best of luck to one and all as we PIF our way forward and let's always remember how blessed we are to have chosen to participate in this ... in my mind I consider we are the vehicles chosen to spread His abundance, being His Hands and Feet on earth, doing His work among the least of his children ... proud to be in this with you all
Ecubucs: Agreed and we need to continue to do what we do and continue to search for the signs that are being put out there... I truly believe this will be here prior to the New Year and my hopes are even closer! Still it's been a long road both for us and the world leaders who architectured this to happen. So Much information is happening So Fast now that we MUST be in the Moment...
BeachCindy: I believe its much closer than that ... I remember Tony said choas at the end and I look at international markets, financial status of countries, banks, etc. ... seems the old decaying system is collapsing upon itself
Ecubucs: Banks around the world are collapsing! Governments are as well! We Are Close! It simply the question of WHEN! I pray as well All do that "WHEN" is Now at Reach..
BeachCindy: to me it seems the question is not when but "how long can this be held together with bubble gum and duct tape before impolding? and what's the solution? the RV
ADMINBILL: MY POST THIS MORNING REFERS TO MR B AND HIS VIEW THAT THE RMD WILL BE GOLD BACKED SOON. LINK: SCOTCHIE DOES NOT FEEL THAT IS POSSIBLE. HOWEVER, IF MR B MAKES SUCH A STATEMENT I SUPPORT BASED UPON HIS TRACK RECORD. THEY HAVE NOT SPENT THE LAST TEN YEARS AMASSING HUGE QUANTITIES OF GOLD FOR NO REASON.
Scotchie: Abadi said in his speech via closed-circuit television at the Paris conference to support Iraq in the fight against terrorism, which began on Thursday morning, he said that "many areas liberated Mosul before the restoration process has also been open safe corridors for civilians displaced people" follow
Scotchie: Rasheed Bank, announced Thursday, for the use of the overall banking system through the application of the IBAN system to transfer money in and out of Iraq.
Scotchie: The offensive to seize back Mosul from Islamic State is going faster than planned, Iraq’s prime minister said on Thursday,
Samson: Kuwaiti Ambassador: We support Iraq's security and political stability
Kuwaiti ambassador to Baghdad , Salim Ghassab Zamanan , said that his country supports the political security and stability of Iraq. This came during his prime political body of the Sadrist movement Zia al - Asadi in the Commission headquarters in Baghdad on Thursday.
According to a statement to inform the Commission received by all of Iraq [where] a copy of it, that al - Asadi and the Kuwaiti ambassador , "discussed bilateral relations between Iraq and Kuwait and political status quo and the process of liberalization of Mosul" .
the statement added , "during the meeting , praised the positions of Mr. Muqtada al - Sadr 's reformist and project him and the positions of the Liberal bloc sponsors for this project."
he stressed the Kuwaiti ambassador , according to the statement , "the positions of the State of Kuwait government and people and take moderation approach and its contribution to the actor and support stability in Iraq politically, militarily and economically . "
for his part , al - Asadi of the "appreciation and the appreciation of the positions of the State of Kuwait in support of Iraq and hoped to sustain the relations and joint cooperation to serve the two countries.
Samson: Saudi Arabia launches $17.5bn bond sale
Saudi Arabia has launched the sale of $17.5 billion of debt in what would be the largest emerging-market bond issue. Wed Oct 19, 2016 6:56PM
Saudi Arabia has launched the sale of $17.5 billion of debt in what would be the largest emerging-market bond issue.
Saudi Arabia has conducted what is seen as the largest-ever emerging market bond sale. The kingdom on Wednesday sold $17.5 billion of debt in the government's first international offer while attracting investor orders totaling almost four times that amount.
The huge demand, larger than many market participants had expected, was partly due to ultra-low global interest rates and funds' frustration with a lack of high-yielding assets around the world.
The issue eclipsed the previous record for an emerging market sovereign bond sale, a $16.5 billion issue by Argentina in April, Reuters reported.
New Saudi Arabian debt issuances consists of 5, 10, and 30-year maturity bonds, and are expected to trade at a 160-235 basis point premium to US Treasuries.
The offering followed a week of presentations to prospective buyers, taking in London, Los Angeles, Boston and New York, at which officials emphasized the kingdom’s efforts to diversify the $650 billion economy away from oil.
Further debt issuances are expected in the years ahead as Saudi Arabia and other countries in the Persian Gulf necessitate debt financing (or asset drawdown) to plug fiscal deficits.
The Saudi issue is expected to set a benchmark for the kingdom and pave the way for further international issues by the government in coming years, as well as bond sales by a string of big Saudi companies, Reuters added.
Saudi Arabia registered a budget shortfall of $97 billion last year, equal to 15 percent of its gross domestic product, prompting the government this year to cut subsidies, wages and spending.