[xyz] Repeat after me: Another stock market crash as big as 1987’s is going to happen. Period. http://www.marketwatch.c ··· 12-10-17 Why we may be doomed to repeat Black Monday 1987 Prepare yourself for another stock-market crash as damaging as that of Oct. 19, 1987, writes Mark Hulbert. At current levels, that would mean a single-session Dow decline of more than 3,000 points.
[socalcutie] I've been reading and listening to the concerns. From the news and posts here are my thoughts 1) Soonerfan and Bluwolf said we are very very close; 2) solid news reports that central banks are considering forgiving govnt debt (rv); 3)Shabb has an arrest warrant with no charges and verbally accused
[socalcutie] of holding up RV (now really); 4) GOI passing laws so they can RV. IS Maliki a bad guy? we here it but..... Just could this all be a scripted play that is slowly being played out before us? I think so. You have to analyze the last few weeks, and put the puzzle together.
[socalcutie] When will it arrive is THE QUESTION!
Read More link on Right
[xyz] http://economictimes.ind ··· 5588.cms Ratings agency Standard and Poor's downgraded five Spanish regions and the cities of Madrid and Barcelona to just a notch from "junk" status on Wednesday, after cutting the country's overall rating. http://economictimes.indiatimes.com/news/international-business/ratings-agency-sp-downgrades-several-spain-regions/articleshow/16855588.cms
[dsatmhk7] It was probably so much better when Kuwait revalued because there was virtually no internet. We know too much IMO
Princess M] After reading BondLady's post and the Wall Street Journal info..I believe imo Iraq will get this done now to save face with international community
[shasta7] mimi3 ... I honestly don't think it matters... to me it is more politics then anything...
[mimi3] shasta7 shasta7 and that means?................................................................
[shasta7] mimi3 ... sorry stepped away... what I believe it means that it will not have anything to do with the reset of global economies... besides anything in the media is not trustworthy ... imo
[pat888] Cat-in-the-hat I think this could be a planned move to RV and takes the heat off Shabbs if it doesn't go well after
[geo] shasta7 then who do we trust?
[fournelsons] Shasta7 do you have a theroy about how this will effect our journey?
[Jiggles] dsatmhk7 they reinstated their money , they never revalued
[dsatmhk7] :) Either way, no one knew the details along the way
[shasta7] geo ... that is the hard part of all this... the way I look at things is this... take in ALL info you hear & if it makes common sense & has logic to it... then it may have truth to it. The BIGGEST thing I go by is ACTIONS.... (not what is said or even what in in an article)... most of the time you have to read between the lines... the KEY is to get off the emotional roller-coaster... this is just my opinion & it helped me... :-)
[shasta7] fournelsons ... I don't believe anyone has that answer... the ptb will NOT go down without a fight... even though they can NOT fix the problem!!! We all just need to go on with our lives & allow things to play out... besides we have NO Control over this, what the rate will be, or when it will happen... 99.99% of the people don't know what is happening behind the closed doors & if they did - Are no talking!! Most are speculating or hearing rumors that keep circulating from person to person or Guru to Guru.... I say let it all play out & believe it will - just be ready & have a plan!!! Hope this helps...
[msgwen] geo That is what the PTB want you to think and give up, that is their stategy. We all need to hang in there. Don't sell your dinar. This will happen! Go RV!!!
[Precious] similiar thing happened with the IMF and then all cleared up...heard that..so hang in there..was just because we need this done..hang tight
[Jiggles] what happened with Kuwait was this.. after the invasion the Kuwaiti central bank never changed the exchange rate, but in fear that the kuwaiti dinar would no longer have any value or be any good without knowing if they would be liberated from Iraq again.. the people holing Kuwaiti Dinar began dumping them off for .10 on the dollar.. FAR less than the official exchange rate of the KWD
[stargate] Jiggles Correct!!!!
[febgirl] If I hadn't bought my dinar when I did, I would have spent the money by now on something else, so holding on for a while doesn't bother me. But enough already. Let's go RV...
[Precious] Jiggles yes maybe they want the dinars turned back in for fear..then they will rv
[Precious] they told us 2 weeks ago bad stuff would come out to make us lose hope..this is it\
Jiggles] well maliki was not for dropping the 3 zeroes , and just wanted to increase the value of the dinaar , so with shabs gone ,, maybe it will get better for us
[Precious] PTR says all 4 CBI in Iraq guarded by US soldiers..no money in or out....
[pat888] I think all the recent happenings is allot of smoke...great for getting people to sell their dinars...don't forget this from last wks IMF mtg in Tokoyo posted in Iraqi Gazette...."The Lagarde called on Iraq to SEIZE the opportunity of large economic lie in front by taking advantage of the economic recession in some countries and the European Union and attracting companies of these countries for the reconstruction of Iraq and the rehabilitation of its infrastructure for an opportunity may not be repeated for the country promising economically as Iraq. http://economictimes.indiatimes.com/news/international-business/ratings-agency-sp-downgrades-several-spain-regions/articleshow/16855588.cms
[pat888] and this one....Bernanke Calls for Stronger Currencies October 15, 2012 The Wall Street Journal: Bernanke Calls for Emerging Market Currency Appreciation. Federal Reserve Chairman Ben Bernanke encouraged policy makers in developing economies to let their currencies appreciate http://professional.wsj.com/article/SB10000872396390443749204578055600111447318.html?mod=djkeyword&mg=reno64-wsj
pat888] here's another...Bank of Japan-IMF High-Level Seminar “Challenges of the Global Financial System: Risks and Governance under Evolving Globalization” Opening Remarks By Christine Lagarde, Managing Director, International Monetary Fund Tokyo, October 14, 2012 Together, we will must repair, reboot and revamp the financial system. Together, we will create a safer financial system that is a source of stability, not fragility, and that can serve the economy to support growth and jobs. http://www.imf.org/external/np/speeches/2012/101412.htm
willietrader] pat888 I think no matter why Shabibi was removed it will bring good things either M will be booted and he maybe the one who been stalling this or if shabibi the one he gone so it can happen and GE tell of how Iraq ready to build and GE brings good things to life lol
[pat888] willietrader remember this link I gave you last nite with Lindsey Williams http://www.youtube.com/watch?v=13gwAqOOxgg&feature=youtu.be where he mentioned the dinar at 14 min mark and also said bit earlier "if it's written on a peice of paper it's worth the paper it's written on", well listen to what he says at 2:38 min of this interview about gold backed world reserve currency they're gonna come out with
"Lindsey Williams - 12 steps to Prepare" http://www.youtube.com/watch?v=6hEiuMSfFlg&feature=related I believe there will be a basket of currency's (maybe the IMF SDRs) that includes probably the Chinese yuan and a few others including the dinar which we've heard will be a reserve currency backed by gold, oil etc.
[willietrader] pat888 Yes he says that why Gold has to go to $3000 a oz to be able to back the currency's
[pat888] willietrader yep
[willietrader] I just wish he said the Dinar a good investment but maybe he was told not to say
[pat888] he more or less does in the 2nd video for if it gold backed and we know it will be a reserve currency it has to be don't you think
[pat888] that's why I shared 2nd video but couldn't find it last night
[willietrader] pat888 Thanks I will listen Lindsey Has a good track record