[Maryrose] BigB do you believe that the people trying to get every T crossed and I dotted will come to the conclusion that it is impossible to do 100% and will then allow the RV and put out the few fires that arise??
[smokin70s] DOW 211....It's exciting watching the world markets crumble so we can get our Bucks lol
eagles4] steveg I won't even attempt to try to understand that one. By the way gold is now down 21
[eagles4] BigB Tuesday AM would be my guess around 1115 AM. And that is a gut feeling and a guess
[BigB] eagles4 I had thought for a long time that the optimum time would be at the close of business on Friday and give the markets time to adjust before all hell breaks loose.
[prissynell] BigB right nowwwwwwwwwwwww
[BigB] prissynell I like the way you think!!
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Maryrose] BigB right in the middle of Ramadan cause all the people in Iraq, well most of the people are in a prayerful mood.
[BigB] Maryrose A year and 1/2 ago, I thought it was all about Iraq. I have been convinced that Iraq is just the catylist and a stage of controlled puppets. The global RV is enormous!
smokin70s] If the mkts crashing indicates an RV it'll b great 4 all .....If not it's All good lol
[BigB] smokin70s I think the problem is we have no clue how great it will be for everyone. We know it will be great for us and we can help a lot of people but we do not know to what extent the business world and governments are going to change - yet!
[cruiser] Today seems like doom and gloom for the Global Economy: U.S. Stock Futures Fall Amid Europe Debt Crisis Concern:
[cruiser] Spain Bans Short Selling on All Stocks for Three Months
[cruiser] Treasury Yields Drop to Records on European Debt Crisis
[cruiser] Euro is under $1.21.
[cruiser] Gold is down $19.00
[cruiser] Dollar moving higher!!!
[cruiser] ecinks Dollar keeps getting stronger. Get us ready for QE3.
[captaincaveman ] GREECE getting ready to default on bailout terms.
[daniandquin] cruiser it just amazes me how they are manipulating the market and the dollar thud
[daniandquin] captaincaveman yep
[eagles4] looks like dollar moving up and that is a good sign
[cruiser] daniandquin It is amazing!
[daniandquin] cruiser sickens me
[cruiser] daniandquin It is troublesome for us, because we have to sit and watch the obvious. It is frustrating becasue of what the re alignment will do and the good that will come out of it.
[captaincaveman ] Sicily pulling Italy down down down
[daniandquin] captaincaveman italy is already down down down
[scott24680] cruiser We need the financial system to crash before we get our RV
[cruiser] scott24680 No. It will never crash and burn. We need IMO QE3. I am typing a book that will explain. Give me 30 minutes. and read that post.
[daniandquin] cruiser scott24680 I honestly don't understand the whole QE crap to really form an opinion based on fact.
[BigB] daniandquin The easiest way to fully understand the QE is to watch a U-Tube of the "money Changers". It is about 2 hours long but you will get a very good understanding of money as we know it and who controls it and WHY.
[MtnStar] BigB does the cover the elite as I call them - meaning those above the governments & corporations that control the monies?
[BigB] MtnStar Yes - I can not vouch for all the details but it is pretty close to what I have been reading for about 35 years.
BigB] MtnStar Few people have any idea how controlled our media really is. If they only knew, they would be marching to Washington with the rope.
[daniandquin] BigB yep. people need to understand that the media is just a circus and it only reports what it's told to report. and it is used to control the masses.
[captaincaveman ] Dani cruiser did you read this article about the super rich hiding trillions to avoid taxes
[cruiser] This is something I want and feel everyone needs to understand. You MAY NOT CARE, but I am going to put this out there and you can take it for what it is worth. What currency pegs everything in the world? THE U.S. DOLLAR. Other currencies, commodities, etc. all peg the U.S dollar. Now, we all know there will be a re alignment of up to 180 countries currencies’.
What is the common denominator and is needed to directly achieve this and how will it be done? De Value the U.S. dollar. Plain and Simple. Now let explain how the DV will work. The U.S dollar currently is at around $.82/.$83. So they will DV the U.S. dollar 25%. Cutting the value down to $.62/$.63. Now before everyone goes crazy, understand, this time last year, the U.S. dollar was at $. 67/$.68. Also keep in mind that all currencies will not RV or Re Value. Other currencies will DV, while most will not change.
Thus strengthening the U.S dollar which will put the value of the dollar a little higher, probably settling around the $.67/$.68 value. Where we were last year. No big deal! Here is the hard part. The Fed or UST or whomever, cannot come out and just say, “Ok we are going to DV the U.S. dollar”. There needs to be a mechanism in place that will do it. It is called QE3. Recently, over the course of the 3-4 months, all Central Banks have done some sort of easement or stimulus.
The ECB (European Central Bank) cut their interest rate. Same with China (they actually have done it twice over the time), Switzerland, the United Kingdom and many others. Trying to stimulate their economy, leading to stimulating the Global Economy. Now it is the U.S. turn to do something. The Fed (currently the U.S. Central Bank), cannot cut the interest rate anymore (it is at 0).
So now they have to do another QE3.QE3 is the answer and solution to all of this. The QE3 will place more actual dollars in the economy. By doing this, you could possibly inflate the U.S dollar (putting more out there at the same price could do that) leading to inflation or you just DV the valu
[cruiser] of the U.S. dollar. Very important to remember, that the 25% DV of the U.S. dollar will also raise affected currencies, commodities, etc. 25% in value.
[daniandquin] cruiser I don't mean to disagree, but I think that your outline misses a few factors. such as the new US treasury bills. and the world global settlements
[cruiser] scott24680 If you do the market research over the past year and compare the dollar, it is factual. Past on the past year and the rising of the dollar.
[cruiser] daniandquin Those things have not happened yet. So for me to discuss the unknown in there would be speculation.
[scott24680] cruiser The future and lining up this rv will be comparing apples and oranges. The fed open market committee will be going away for a start. meaning you can't compare the future to the past
[cruiser] scott24680 But you can learn from the past and if you understand it, you will understand why the RV has not happened yet. If it was to occur this time last year, The dollar would have been below $.50 cents. Are u kidding me. It would have created mass rioting in this country!. Our Stock market would have crashed and it would have destroyed everything.
[daniandquin] heres the thing: printing more money doesn't do anything for the economy. and the Fed reserve can't print any more money anyway- because they are DONE. so any QE, IMO, wouldn't be about printing new existing dollar bills because they can't. it would have to be about new money, IMO
[cruiser] Last week Big Ben was in Congress and got grilled for 2 /1/2hrs about QE3 (85 %) of the questions were on it. So that tells me it is ready. Will it be this week. Do not know and no one will know that. Just looking at the Euro and Gold today, the dollar gained more strength. which is a good thing.
[BigB] daniandquin I don't think the FED is going to print more money, the US Treasury is going to.
[BigB] cruiser I also feel that with QE3 may come the new US Treasury notes. These will be geared to the new "standard" - not the FRN as we know them. That is why we have been instructed to deposit in a NIB account tied to the US Treasury rather than the Federal Reserve system.
[cruiser] daniandquin The new monies will not come out until after the re alignment is over. What i am talking about is pre re alignment and getting us to the point. After that Yes you are 100000% correct, there will be new monies and all of that printing of the FED dollar will mean absolutly nothing..
chillimac] daniandquin new money will come after rv imo
[daniandquin] chillimac i disagree, the new treasurey bills are already to go
[BigB] daniandquin And the new money and the turning in of the old with the DV will be in the last basket to follow in 30-90 days after the big correction.
[smokin70s] cruiser You are confusing me lol I'm just a ret. jarhead,never did any currency deals b4.....1st u say we need a week dollar .60-.70 and you just said the $ is getting stronger " that's good ".....I don't get it ! TY
[ken153] i think he's saying increase in value is good before we QE3 and devalue the dollar
[cruiser] smokin70s Dollar has to be strong!. At some point it will DV. And return to what it was a year ago. Cliff mnote version lol
[blessedandhighlyfavored] daniandquin We will get UST notes after the re-alignment, therefore, a global reset has to happen. It is all a domino effect. Fed Res Bills are done after the re-alignment.
[scott24680] cruiser The main thing is that the derivatives will all need to crash and burn. How specifically you do that is beyond the scope of what I know and the collateral damage is complicated. But the RV is still all about crashing derivatives
[daniandquin] IMO the deravitives are imaginary. all debt is imaginary. it doesn't involve real money- 90% of all that crap is from leverageing based on no actual money anyway. The banks know this, the governments know this. so if all these debt are based on money that never existed to begin with....?
[blessedandhighlyfavored] daniandquin Exactly..that why it is so important to a Dodd Frank non-interest bearing account so you get the new money(UST notes) because the DV of the dollar(Fed Res Bills).