Iko Ward: Set your alarms for 4AM EST. You can tell your grandkids you were there.
Iko Ward: market crashing
Scotchie: Yes, Iko, Japan is crashing
Iko Ward: 4AM EST, Europe will have been open for an hour.
Iko Ward: Markets crash = RV happening
Iko Ward: No details, it's very simple. World markets crash, RV needed for recovery. RV = Exchange. Exchange = New World.
Scotchie: China market closed due to New Year, all other asian markets are tanking,
including India… Japan's Nikkei closed down 838 points, over 5%
Iridium242: So the South Korean markets are closed. Another market crashed
Scotchie: Tomorrow the two "Popes" meet in Cuba..... first time in 900 years
Bodi: THE DECLARATION THEY ARE SIGNING I BELIEVE HAS TO DO WITH THE 2013 DOCUMENT POPE FRANCIS SIGNED MAKING ALL CORPORATIONS IN THE WORLD ILLEGAL...HENCE IN MY OPINION THE US CORP
Tidbits From The Big Call:
BODI: BRUCE - WE ARE IN A GREAT PLACE...I GUARANTEE THINGS ARE HAPPENING AND THINGS ARE NOT AS QUIET AS YOU THINK
BRUCE INTEL - GENERAL TERMS...THERE HAVE BEEN WHAT WE UNDERSTAND SOME ATTEMPTS TO GET THIS TO GO...DON'T KNOW THE REASON WHY IT DID NOT GO THRU...BUT THEY ARE MAKING PROGRESS IN GETTING THIS DONE
BRUCE - ALTHOUGH IT DOES NOT LOOK LIKE OUT - BEHIND THE SCENES THINGS ARE DIFFERENT...MOVING RIGHT ALONG...DON'T BE ANXIOUS BE IN PRAYER AND SUPPLICATION
BRUCE - WE ARE VERY CLOSE TO THE FINISH LINE...1. FUNDING FOR HUMANITARIAN PROJECTS...INITAL FUND HAVE MOVED TO THEM (ZAP-LANDA)
BRUCE - FIRST TRUNCH HAS GONE THROUGH...A TRUNCH IS A WIRING OF THOSE FUNDS...THERE ARE UPWARDS OF 11 BUT THEY ARE MOVING THROUGH
BRUCE - TONIGHT I LEARNED THE TRNs ARE LIVE OR ABOUT TO BE LIVE IF NOT TONIGHT....OUR NEW CURRENCY WILL BE OUT IN A FEW DAYS-FAIRLY SOON
BRUCE - WE DO KNOW A LOT OF PAPERWORK IS GOING ON ... THERE IS A DESIRE TO FINISH UP THERE IS A TIMELINE...THINGS MOVING ACCORDNG TO PLAN..THERE WERE A FEW GLITCHES STOPPAGES..BUT WE ARE IN GOOD SHAPE
BRUCE - YOU KNOW MONDAY IS PRESIDENTS DAY - CERTAIN OF THE LARGE BANKS WELLS, TD, HSBC ARE TO BE OPENED ON MONDAY AS WELL AS OTHER EXCHANGE LOCATIONS
BRUCE - WE CAN'T ABOUT RATES...ITS DONE FORGET IT...I AM NOT TALKING ANY SPECIFIC DATES...WE ARE IN A MOMENT BY MOMENT DAY BY DAY PLAN...WE NEED TO NOT WORRY AND BE ANXIOUS BUT ALLOW IT TO COME TO US IN THE RIGHT TIMING
BRUCE - I WANT YOU ALL TO BE PREPARED AND READY....I THINK WE WILL GET THE BLESSING THAT GOD INTENDS FOR US IN SHORT ORDER
NOW TIME FOR BOB TO DEAL WITH HEALTH SUBJECT HE IS INTERESTED IN....THEN SOME Q&A BUT NOT A LONG NIGHT
BRUCE...WE NEED OUR HEALTH IF WE ARE GOING TO HAVE OUR WEALTH
Littlewish: Bruce and caller: We are back on track. We are on a day by day basis is Bruce's feeling. Very close in proximity
PJammy: Bruce sayingwe are "back ontrack" in that72 hour window..
PC: Bruce said we got hung up on a couple of glitches. But we are back on track for the 72hr window. Can't say time frame now but we are very close. Day to day.
Littlewish: Bruce saying everything will be going out at the same time in terms of 800 #s and other info.
Bruce wants to encourage that we cant set our watch by this but hearing things are back on track seemed like we were there a few days ago and now understand everything is aligned behind the scenes. Stay patient an let it come to you, live your lives normally so you can step forward into the new life that God has called you into.
Bruce praying it out...gratitude for all the listeners, for Bob for his time and life. Gratitude for the blessing and the manifestation for the healings and for our healthy lives and all that is provided for us through God.
Dedar: IKO IS JUST RECOMMENDING US TO GET UP TO SEE EUROPES MARKETS CRASH
Artneto: I trust Iko's interpretation of the market. My point is that Iko's interpretation is based upon fair play. Who ever is in charge, is not playing fairly
Maggiemoo: Most of the world markets are currently closed,,not tanking yet,,,but they were in heavy red yesterday
JSL: Some of you were with Okie news 7 years ago like I was. Remember every week ! Okie had lots of connections then. The truth is this got changed from it's original plan DC told us it did. Tony told us it did. So we are finally nearing the end of all the things that needed to be done after it changed. I have no doubt if it hadn't I would have exchanged over 6.5 years ago. That would have been great. But this is gonna be better.
SassyD: Fed Is Paying Interest to Big Banks http://www.bloomberg.com/news/articles/2016-02-10/this-is-why-the-fed-is-paying-interest-to-big-banks -- Federal Reserve is paying interest to banks on the trillions of dollars in reserves
Xyz: RV or GR aka ‘Great Repricing’? http://www.bloomberg.com/news/articles/2016-02-11/forget-the-great-recession-welcome-to-the-great-repricing
Highlights From The Big Call Thursday Night
Mangelo: The big call started Bruce is a Bit excited
LadyB22: Bruce is excited. He received two calls that made him late starting his own call. Even though it is quiet, lots of things are happening. phone calls were good news.
LadyB22: Bruce. he is thrilled at where we are to receive our major blessing.
Mangelo: Bruce call: has Bob helping him tonight
Mangelo: Bruce call: intel:::::::::Intel coming
Mangelo: Bruce call: can't talk about date and rate, but their have been things happen to make this go through
Bruce call: what's difference now, their is a difference going on now and we are at the finish line now
Bruce: you know the funding that is going on now is going through...large funding packages are going through and the TRN's are going through now
Bruce: We should be getting the USN very soon
Bruce: you know that President day which is Monday and I have it on good authority that they will be open on Monday
Bruce: why do you think the Banks would be open...
Bruce: the timing is very close now
Bruce: expect to be ready and we will be getting our blessings
Bruce: I would like to have Bob talk about Health and then we can do a small Q & A we need to be healthy while we have and get our blessing
Mangelo: Bruce call: clearing the Q just want to tell you that thinks are on track now. it seems like it would have happen earlier but it is on track now...let it come to you now
Bruce: there is a lot of us going to do many things with our blessings and we will still have our calls once this is happen and help people with guidance
Bruce call: it's over! looking for a celebration on Tuesday! Have a great weekend
LadyB22: Bruce playing "Dancing in the Streets". He said, alright guys, we'll be dancing in the streets pretty soon https://youtu.be/9G4jnaznUoQ
Dnari131: keepin an eye on the 50-70+ Trillion dollar derivative balloon called Deutsche Bank...entire market tied to it imo
Deutsche Bank: Germany's financial colossus stumbles
After 146 years of solidity, the bank that came unscathed through the 2008 crisis is now the focus of investors’ fears for the banking system
Philip Oltermann in Berlin and Jill Treanor
Wednesday 10 February 2016 15.41 EST
Deutsche Bank fuelled Germany’s rise to the status of economic powerhouse, financing its industry in the 19th century and helping the country’s economy to rise again from the rubble of the second world war. It took on the giants of Wall Street in the postwar globalised economy and survived the 2008 banking crisis without a bailout.
Such is its stature that in 2008 Angela Merkel organised a special 60th birthday party, with a dinner of fresh asparagus and veal schnitzel, for its then head, Josef Ackermann, at her chancellery.
But now as the institution enters its 146th year, questions are being raised about how it will reinvent itself in a banking landscape that is undergoing seismic change as a result of regulatory change and fears of a global economic downturn.
The bank has turned to a 55-year-old Briton, John Cryan, to try to carve out a vision for its future and its 100,000 employees. But Cryan – taking the extraordinary step of declaring Deutsche “rock solid” – has spent the last 72 hours trying to calm concerns about its financial health after a dramatic plunge in its share price that, even after a 10% rise on Wednesday, is still down more than 30% in the first six weeks of 2016.
After announcing the bank’s first full-year loss since the 2008 crisis last month, Cryan’s bank has become the focus of anxiety about the health of the global financial system, and its woes are raising questions about Germany’s reputation as a haven of financial stability. Experts suggest that the country’s entire banking system would have to be redesigned in order to save its standard-bearer.
According to Jörg Rocholl, president of Berlin’s European school of management and technology, “there is no other country in the world in which a bank has a similarly central role as Deutsche Bank has in Germany”.
Christopher Wheeler, banks analyst at Atlantic Equities, said Deutsche had resembled the UK’s Barclays: an investment bank and large lender to big businesses with a retail banking arm. But it is now attempting to cast off its retail business – Postbank, which it only acquired in 2010 – raising questions about how it will generate revenues in the future.
Attempts to spin off Postbank are proving troublesome and a report on Wednesday suggested that Deutsche would have to write down the value of the business by a third to €2.8bn (£2.2bn) before it could proceed any further.
Add to that concerns about the potential bill from litigation and fines. Analysts at Morgan Stanley have forecast another €3.9bn of charges in 2016 and 2017. “It is also possible the litigation may not be resolved until 2017, leaving uncertainty on the stock,” the analysts said.
They cite “unresolved litigation which the market struggles to book-end, weak capital generation and need for capital raising actions”.
Facebook Twitter Pinterest
John Cryan: wants to make the lawn smaller. Photograph: Michael Gottschalk/Photothek via Getty Images
Cryan – who has already announced plans to reduce the workforce by a quarter – took on a bank that had been rocked by scandals, including a record £1.7bn fine for rigging the Libor interest rate, which sparked accusations it had been obstructive towards regulators.
He has described the task ahead of him like mowing the lawn. In December he said previous attempts to cut costs at the bank had involved taking off the top layer, which grew back when it rained as the number of blades of grass remained the same. What he needed to do, he said, was to make the lawn smaller.
Investors are yet to be convinced by his plan for shrinking the bank. The cost of insuring Deutsche against default – by using complex financial instruments called credit default swaps (CDS)– has risen, although the Morgan Stanley analysts suggest this could be for technical reasons.
With rumours – denied – that Deutsche might not be able to make payments on specialised bonds known as CoCos that can be converted into shares during times of crisis, investors may have been using the CDS as a form of insurance.
Others point to speculators. “Hedge funds are betting the regulator will make Deutsche pass on paying the coupon on the CoCo, so buy the CDS as a proxy for the subsequent decline in the CoCos’ value … As the CDS spikes, other investors get nervous about the bank’s health,” said Wheeler.
He is confident that Deutsche will emerge from the crisis, which has already prompted German finance minister Wolfgang Schäuble to intervene to insist he had “no concerns” about the bank.
While Schäuble will have been pleased to see the lack of panic about Deutsche’s troubles in the German media, he may have been irked by a damning front-page comment in the Frankfurter Allgemeine Zeitung.
Headquartered in the same city as the bank, the newspaper said: “What is one to think of a bank that has to promise its customers and investors that it is able to pay back credits? How solid is a bank that has shed a third of its shareholder value in a month, and half of it over the course of a year? It’s no longer just the customer of a couple of Greek banks that are asking such tough questions, but the customers of Deutsche Bank.”
http://www.theguardian.com/business/201 ... s-stumbles
walkingstick » February 11th, 2016,
Investors 'go bananas' for gold bars as global stock markets tumble
Bullion dealers report record sales as buyers "queue round the block" to purchase the precious metal
11:50AM GMT 11 Feb 2016
BullionByPost, Britain's biggest online gold dealer, said it has already taken record-day sales of £5.6m as traders pile into gold following fears the world is on the brink of another financial crisis.
Rob Halliday-Stein, founder and managing director of the Birmingham-based company, said takings today had already surpassed the firm's previous one-day record of £4.4m in October 2014.
BullionByPost, which takes orders of up to £25,000 on the website but takes higher amounts over the phone, explained it had received a few hundred orders overnight and frantic numbers of phone calls this morning.
"The bullion market has been building with interest since the end of last year but this morning things have gone bananas," said Mr Halliday-Stein. "Some bankers in London are placing unusually large orders for physical gold."
London-based ATS Bullion added it had been inundated with orders for the past week. The firm has sold 4,000 gold bars and coins since February 1, a 40pc rise on the same period a year ago when it sold 1,500.
"It's been crazy - it's been the best week since 2012. We've had people queuing round the block," said Michael Cooper of ATS Bullion, a family run firm that trades online and also from an outlet in the West End.
Gold is currently at its highest level since May, with prices surging 2.2pc this morning to $1,218.17 for an ounce of the precious metal.
Gold producers are among the biggest risers on the FTSE today, with shares in Rangold Resources and Fresnillo up 6.3pc and 6.2pc respectively.
Online gold investment platform BullionVault recorded its busiest-ever trading day on Monday, with investors buying and selling more than a quarter-tonne of gold, worth £7.2m, and more than 5 tonnes of silver, worth £1.7m.
The World Gold Council said this morning that demand for the precious metal grew 4pc in the fourth quarter as central banks bolstered their reserves to diversify away from the dollar.
Russia's central bank stockpiled the most gold last quarter, adding an estimated 60 tonnes to its reserves. The country bought around 200 tonnes of gold last year, 141 tonnes of which is thought to have been snapped up over the summer.
Global stock markets have had a torrid time in recent months. In early trading on Thursday morning, the FTSE 100 sank to a fresh three-year low. RBS warned last month that major stock markets could fall by a fifth this year, and oil may plummet to $16 a barrel. Meanwhile the price of gold, typically seen as a safe haven by investors, has risen 15pc since the beginning of the year.
http://www.telegraph.co.uk/finance/pers ... umble.html