Airam: How does this affect us…. don't know but Europe is a turmoil.....The Scottish asking to have a new independence referendum.....north Ireland the same…..The economies in Europe are a mess…. Brussels already said it is not going to be an amicable divorce .....and they want it fast won't wait the two yrs......could this be positive ......or it will mean a new delay ......good excuse for it
Mangelo: Airam the break away from the EUro helps us! The whole purpose of the GCR is every country having their own currency!!!! GO GCR!! The reason it sounds so bad is because of the fiat currency! every thing will be okay with the Gold Back currency!!! there is a purpose and a reason for everything...
Airam: Definitely politic and economic turmoil in Europe… Hoping it works for us
Mangelo: what is going on now…was told to us before but no one was really paying any attention on how this would come about.... now it's a clear go ahead for the GCR to go!!! IMO
SassyD: Expand your understanding......... BREXIT THE MOVIE (full film) --
Dr.G8400: This was already organized prior to the Brexit vote.............I find it quite interesting............
Exchange Rates and External Adjustment
Swiss National Bank, International Monetary Fund, and IMF Economic Review
Zurich, June 24-25 2016
The Swiss National Bank (SNB), the International Monetary Fund (IMF) and the IMF Economic Review are organizing a joint conference on "Exchange Rates and External Adjustment".
The conference will provide a forum to discuss recent theoretical and empirical research on the macroeconomics and microeconomics of external adjustment, the optimal response of monetary, exchange rate and macroprudential policies when financial frictions matter, the effects of sovereign risk, and the role of exchange rates at the sector and aggregate levels.
The conference will be hosted by the Swiss National Bank and will take place in Zurich, Switzerland on June 24-25, 2016.
ColoradoGurl: HI AND CHECK THIS OUT!!! World’s 400 Richest People Lose $127 Billion on Brexit
Firefly My thoughts are that the IMF and IRAQ completed their agreements that IMO would bring us what we have been waiting for...Remember...
NOBODY knows the date...But...IMO...Something HAS to give and FAST!
wmawhite Article: "Iraqi trade talks with Citibank to develop relations"
Quote: "...exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world)..."
Here is a review of earlier news: THE REPORT THE OTHER DAY ON EU LINED UP FOR BASRA AND NOW... Article: "Baghdad confirmed its success in attracting international companies to implement investment projects..."
Combine this with such news as the Citibank/TBI talks and the Bahrain Bank buying up additional shares of the TBI.
If this doesn't get you excited...then...call 911!
Don961: Saturday, June 25, 2016 - 02:00
Singapore Says Banking System Sound
The Monetary Authority of Singapore said on Friday that the city-state’s banking system remained sound after Britain voted to leave the European Union in a referendum, Xinhua reported. “Singapore’s interbank money markets continue to function in an orderly manner and its banking system remains sound,” the MAS said in a statement. “The liquidity positions of the major banks in Singapore are healthy, and overall banking system liquidity remains adequate.
MAS will provide additional liquidity to the banking system if needed.” The ministry said the trade-weighted Singapore dollar remained within its policy band, notwithstanding heightened volatility in international foreign exchange markets on Friday, adding that it would curb excessive volatility in the Singapore dollar if necessary.
“We have been prepared for the market volatility.
MAS had been in close contact over the past weeks with banks in Singapore, foreign central banks and regulators to take preparatory actions to ensure the resilience of our financial system and markets in the event of Brexit,” it said.
Don961: Saturday, June 25, 2016 - 02:00
Deutsche, LSE Merger
The Brexit vote has not impacted the resolve of Deutsche Borse and the London Stock Exchange to push through their planned merger.
They said the tie-up would be even more important now that Britain was leaving the EU, DW reported. The Frankfurt and London stock exchanges said Friday they would press ahead with their planned merger even though Britain had voted to leave the European Union.
They said in a joint statement that the companies’ boards “remained fully committed to the agreed and binding merger terms” and would continue the process of obtaining the necessary regulatory approvals.
Frank26 Video 6-24-16 https://youtu.be/CrzStgU6zwU