Cleitus: Good to see you on Backdoc. Any goodies for us today? Always love reading your posts!
BACKDOC: LOTS OF INFO BUT MOST OF MY STUDIES ARE TOO SENSITIVE TO TALK ABOUT.
WE ALL KNOW HOW IRAQ REDUCED ITS NOTE COUNT BY DOING THE CURRENCY AUCTIONS BY SELLING DOLLARS AND PULLING IN DINAR. THEY METHODICALLY DESTROYED THE PAPER THUS REDUCING THE NOTE COUNT!
DO YOU KNOW HOW OTHER COUNTRIES ARE REDUCING THEIR MONEY SUPPLY TO THE PUBLIC? MMMMM HEE HEE
WHO HAS THE HIGHEST DEBT PER GDP OF ANY COUNTRY?
MMMM BY NOW YOU KNOW BUT DO YOU KNOW HOW THEY WILL BE ABLE TO RAISE THEIR CURRENCY VALUE THIS MONTH IF ALL GOES ON SCHEDULE ?
BACKOC: DID YOU KNOW A GLOBAL LIQUIDITY CRISIS IS JUST STARTING? THE DEBT BUBBLE IS STARTING TO BREAK. TONS OF NEWS ON IT IF YOU KNOW WHERE TO LOOK!
THE GREAT REPRICING IS JUST STARTING THIS MONTH! THIS WILL COINCIDE WITH THE GREAT NEWS OUT OF IRAQ AS WE ALL HAVE BEEN WATCHING.
I LOVED SEEING THAT ARTICLE ON THE 7TH THAT STATED IRAQ HAD ENDED ITS INTERNATIONAL FINANCIAL MESSAGING SERVICE! YES A COMPLETION ON THE 7TH!
OF COURSE THEY WERE BEING SNEAKY ON HOW THEY STATED IT BUT WE ALL KNOW THAT WAS THE SWIFT CODE RIGHT? RIGHT! THEREFORE, IT CONFIRMS THEY ARE NOW
E-DINAR AS THEY SAID THEY WOULD BE! SO OBVIOUSLY THEY ARE NOW ON THE THE CIPS WHICH IS THE NEW DIGITAL PLATFORM WHICH CAN RUN BOTH!
NOW WE WAIT FOR THE CONCLUSION AS WE SEE IT IN PROCESS!
WITH THE BUDGET RIDER ACTIVATED AND LIKELY LAUNCHED ON THE 8TH WE SHOULD SEE FURTHER ACTIVITY BY THE 10 DAY WINDOW. THIS SEEMS TO ALIGN WITH THE IEX SCHEDULE WHICH SAYS TRADING WILL RESUME SOMETIME AFTER THE 15TH!
IRAQ CAN WAIT TO PUBLISH THE BUDGET FOR AWHILE SO I'M PICKING NO DAYS HERE BUT WE ARE ENJOYING THE COMPLETION PROCESS AREN'T WE?
WALKINGSTICK, YOU ARE HAVING WAY TOO MUCH FUN RIGHT NOW! HEE HEE
OCTOBER USHERS IN THE NEW ASSET-BACKED DIGITAL NEW REALITY AND WE ARE MORE THAN READY!
YOU ALL DESERVE A MCFLY SLAP! FOR HANGING IN THERE! YOUR INTEGRITY AND CREDIBILITY WILL BE VALIDATED SOON ENOUGH MY FRIENDS!
JUST ENJOY DAY BY DAY SEEING THE REAL TIME CONCLUSION PROCESS! YES ITS REAL! PINCH YOURSELF!
THIS WON'T BE HIDDEN FOREVER, JUST ENJOY THE DAILY REALITY CHANGES AS WE SEE THEM!
8@8, DOC DOC IMO
Doodlebug: Fitch Ratings affirms rating on Iraq at "B-"
2016/09/13 | 18:20
Alsumaria News / Baghdad - It announced the Fitch credit rating, on Tuesday, all categorized for Iraq at "B-".
"Reuters" quoted by the agency for confirmation, "classified for Iraq at" B- "with a negative outlook."
She added that "the fall in oil prices leads to significant deterioration in Iraq's financial center."
The Fitch international credit rating, one of the three major rating companies along with Standard & Poor's and Moody's, and was founded by John Knowles Fitch in 1913 in New York City.LINK
KeithN: Remember when you go to the bank to tell them you are EXCHANGING not cashing in....You are EXCHANGING!!
Ify: Very Interesting news video today Historic Wealth Transfer --- "The largest wealth transfer in history has begun" Sep. 13, 2016 - 3:38 - The King's College Economics Professor Brian Brenberg on the $3.9 trillion expected to transfer from Baby Boomers to Gen X and Millennials.
Ify: just thought it was interesting video as they go from talking about 3.9T to 30T in generational wealth transfer. might this make a great cover story for an RV?
Wiloninny: a lot of people would just allow this to pass by
VegasGal: ify: They are stating Baby Boomers to Millennials, and self-made millionaires. Well, we ARE going to put together legacy trusts and foundations, so.....???
Wiloninny: VegasGal, you are on to something
VegasGal: Who do we know that was born between 1946-1964 who is SUPER WEALTHY? A handful. Not trillions.
VegasGal: Will: Credit goes to ify, for finding this article. If you read between the lines, sure sounds like we are there. The baby boomers DO NOT have that much money. Most lost during 2008 crash, pensions, 401K's, so what's to transfer? Trillions? From where? :)
Freeway2: VegasGal - Ga - I would say from us.
VegasGal: freeway: Yes, I agree.
Harambe: Dalio sees 'dangerous situation' with global debt
Emailed to Recaps:
High Frequency Traders Elbow Their Way Into the Currency Markets
High-speed electronic market making, already widespread in stocks, is getting a grudging welcome from currency markets. They don’t have much choice.
QuickTake Trading on Speed
Algorithmic traders have more than tripled foreign-exchange volumes over the last three years, seizing opportunities as Wall Street banks withdraw from currency dealing, according to Aite Group, a consultant in Boston. The new group of market makers is trading almost $200 billion a day. While that may seem small in the context of the sprawling global currency market, consider this for perspective: Stock trading on all U.S. exchanges totals about $270 billion a day.
BixWeir- Road to Roota: Planned Financial Collapse to Likely Occur This Fall
Emailed to Recaps:
New Republic via a GCR: 13 Sept. 2016 Update
Compiled on 13 September 2016 by Judy Byington, MSW, LCSW, ret, Author, "Twenty Two Faces," www.22faces.com, CEO, Child Abuse Recovery www.ChildAbuseRecovery.com
1. On Sept. 12 2016 it was reported on the TNT Call: iTeleseminar.com/89247846
A. Banks are looking to begin exchanges on Mon, Tues or Wed.
B. The banks that have been exchanging Dong, Dinar and Ruphia and funding customer accounts have now put their new exchanges on hold.
C. Iraqi cards have been loaded with the new rate, but we do not know if they are funded.
D. The Iraqi Parliment had closed sessions over the weekend, but public announcements have yet to be made, their Gazette has not published and Iraqi websites are still down.
2. The Sept. 12 2016 Fulford Report said: "It's Not Over Until We See the 911/311 Perps" - Ful... http://benjaminfulford.net/
A. The Rothschilds and Russians have agreed on how to split gas revenue coming out of the Middle East to the detriment of the Bush/Clinton/Rockefeller faction.
B. Again the people behind Hillary Clinton have contacted the White Dragon Society and said that their plan is to have Hillary drop out of the Presidential race for health reasons and then run a Bernie Sanders and Michelle Obama ticket against Donald Trump.
C. Pentagon sources say “Hillary and Trump may be forced out when the USA Republic is announced with a return to the gold standard so white hats can rebuild the country.”
D. "Remember how Donald Rumsfeld told the press the day before 911 that $2.3 trillion was missing from the Pentagon budget? Now the US Department of Defense is saying that $6.5 trillion went missing from its budget in 2015."
3. On the Sept. 12 2016 Real Truth Chatter Fisher reported:
A. In the wee hours of this morning, the Zimbabwe governments debt was all forgiven making all the sovereign bonds, THE ZIM, toxic to any planned economic growth unless "pulled" somehow from the system.
B. Now that all governmental debt has been written off, the outstanding sovereign bonds in your possession, the Zim, become more valuable and are a claim against the government and lands of Zimbabwe.
C. If they are NOT pulled from the hands of the holders, they could impede the economic progress of the country
D. Since China/the Elders, have underwritten the future growth of the African Continent, they will want the Zim notes out of circulation as quickly as possible.
E. No banks are selling Zim, they are all being sold by private parties, like on E-Bay, those sales may very well stop soon.
F. It would not be a surprise to see the negotiated rate for the Zim go even higher. A few zim notes are worth more than the worlds current GDP, Gross Domestic Product.
G. Zim notes will redeem around the same time as the GCR, while Iraq officially revaled last week.