[cruiser] Anyone see the possible downgrade of Japan by Moody's this morning???
it was on CNBC TV.talked about Yen being over valued and week exports.
[BigB] cruiser WOW - now we know how close we really are!
[cruiser] BigB Also talk from the boston fed about QE.
[misskitty05] cruiser sounds like a clue about things to come
[cruiser] misskitty05 yes it does.
[misskitty05] cruiser does the Boston fed support QE?
cruiser] misskitty05 yes. There are a couple of QE plans, not sure what they are going to do.
[misskitty05] cruiser any hint as to the timing of the QE?
[cruiser] misskitty05 no. nothing at all on that.
[sng4him] misskitty05 What does QE stand for?
[dinardreamin] BigB What is so exciting right now?
[misskitty05] sng4him quantitative easing
[misskitty05] sng4him don't ask me to explain it but we want to see that as an explanation for all of the new money which will be floating around post RV ...so if fed does QE it's good for us
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[BigB] DRAKEFORTRUTH I missed your conversation earlier in the day and it took a while to put the pieces together.
[BigB] cruiser The newbies are not aware of the Oriental connection. We went through this way over a year ago. Most of us were pulling for it but felt that it would not become reality. Now I'm really excited!
[BigB] cruiser One has to admit, this is pretty scary stuff if this is the first time one heard about it.
[cruiser] BigB If everyone would just pay attention, The entire puzzle has been put together. Still think there will be a surprise. Even the rate or should i say justifiaction of the rate is there.
cruiser] BigB Scarier for those who do not know anything at all. They will be surprised.
[raptor22] Cruiser gm so the puzzle will be complete this month?
[BigB] dinardreamin That China is behind the RV and some uf us realize that their involvement is the best chance we have at fixing the global economy without the really bad outcome many of us have feared.
[BigB] cruiser . If I remember, Richqueen brought the Dragon Society up way over a year ago and was laughed out of most sites. I never laughed - it made sense but waited for more info.
[Stitch] BigB a wise man...
[BigB] Ya, most thought Richqueen was really out there at the time. His/her thoughts were different and not easily accepted.
[Papa Bear] BigB Bet u thought I was out there then also. Right
[BigB] Papa Bear No, as I stated, I have followed the patriot movement for 35 years. Most would consider me a conspiracy theorist. I am open to more of these things than most.
[Papa Bear] Just saying there has been a group of us out there for years talking that are being listen too more such as RQ,AQ, Puddy Tar, Shuman Girl and OmniGirlt
[BigB] Papa Bear It just about has to get better or there will be no more world.
[cruiser] BigB I do not remember that far lol, but I have heard of it before
[Readynow] cruiser IYO if all puzzle pieces are together--are we really close?
[dinardreamin] BigB cruiser Excellent... thank you much!
[cruiser] raptor22 cannot see no reason why. There could always be an issue or something silly, but as of right now we look good.
[BigB] cruiser I see the markets are up again. And the buck inching its way down.
[cruiser] BigB Nothing crazy. It should be Quiet. But alot of people like Spain. They are up like 10 % the last 3 days. Cheap price I guess.
[BigB] cruiser I'm trying to make a connection of the RV with the markets and I am realizing that there may be no connection at all.
#2sister] cruiser I am frustrated but so what! I have been frustrated in life before. I lived through it! Get over it and move on! Good things come to those that wait!!!
[Oracle] cruiser I still get a bit frustrated, but usually (usually) don't say anything. I do insist that when people make claims of an RV or the like that it isn't opinion or hearsay from someone else.
[cruiser] Oracle that is why I look at the market indicators. It gives me something to visualize. I do listen to a few intel guys and then compare them to what I am hearing, but at the end of the day, still looking at market's.
[Oracle] cruiser Which indicators. The Stock Market is manipulated IMO. I think Gold and Silver, too. So, what does one follow?
[cruiser] Readynow Gold will go up 200-300 points or dollars.
Readynow] cruiser you said 200-300 points---do you mean when this happens you expect a 2-3 hundred $ change in gold instantly?
[cruiser] Oracle When all of the countries realign, they will all peg the dollar at rhat point. Whether it stays that way or not, I am not 100% sure of. But with the DV of the dollar, Gold will go right up. Imediately.
[moonchild] cruiser valuation is relative only. Do you mean that the USD will devalue in relation to gold, since the other currencies will value relative to the USD?
[cruiser] moonchild not with the dollar and gold. Gold is worth $1,617.00 dollars. all currecnies will either rv, dv, or say the same in the realignment. Yes it is value, but for us in the U.S. a dollar is a dollar, unless you are leaving the country or doing some kind of exchange.
[Papa Bear] cruiser Currency will flucuate day to day as usual .Gold and siver do have a place in all asset diversified portfolios.Build base foundation first however
[Oracle] redsnowbird I agree. I am sure there are some that know the date or general time, but aren't lettng it out. I just watch now. If it revalues, I will get notified and will go from there.
[trebor1859] BigB TY, It's been real hard watching newer folks fall prey to the ASN posts and continue buying reserves. It's very frustrating when I see some of the providers blaming folks for lack of RV being due to their lack of faith.
[BigB] Stitch Just a little ahead of the curve. Maybe we should go back and reread.
[moonchild] cruiser for me a dollar is different every day, since I do not live in the US.
[cruiser] moonchild well then your currency will be the same also. Currency values only deal with exchanges or trades.
[moonchild] cruiser in many countries some transactions are done in the currency of the country and some in USD. The exchange rate is very important. Also the valuation of the USD and € are important to me since my income is in USD and € and must be exchanged. We have exchanger shops everywhere.
[cruiser] Papa Bear I lost your question cause I thought there was more. was there??
[whitelions] there is lots of news which seems generally progressive, but nobody knows where the finish line is or the rules of the race
[moonchild] cruiser it is just a pity that they only exchange 5 currencies.
[Idbound] composer55 the US $20.00 gold coin is the only gold that has no taxes when you sell .
[steveg] Just watched an interview with the Boston Fed Chairman - he wants an open ended QE3 with a large focused on MBS.
[misskitty05] steveg what's MBS?
[steveg] misskitty05 Mortgage back securities
[steveg] misskitty05 It is amazing how these guys still do not get it. To think that lower interest rate will spur the real estate market is wishful thinking to say the lease.
BigB] steveg One has to have money before you can invest. Most of us have no more disgresionary income.
[steveg] BigB interest rates are the lowest in history for mortgages, home prices are at 2003 levels - if the real estate market is not booming now lowering the rates is not going to change that.
[_waterworld] The IMF has been consistently calling for the end of the dollar as the world’s reserve currency, and for its replacement by the SDR (Special Drawing Rights)
[_waterworld] China, Russia, the UN, the IMF, and the Federal Reserve ARE working in tandem to devalue the dollar and replace it with a global currency
[cruiser] _waterworld Still about 7 years off. They first need to have all of the paper" worth someting (gold standard or something equavilant). After that they will start to move to it.
_waterworld] cruiser .. could be.. but it may be sooner NOW<<<
[moonchild] the USD is no longer the reserve currency in the same way it used to be. Many countries are now trading among themselves in their own currency without recourse to the USD and the move away from the USD as reserve currency has been going on for over 2 years.
[cruiser] captaincaveman Saying no change in the economy for the remainderof the year. Unemployment will go to 8.4%. Talk of a few different QE plans of which non of them will raise inflation.
[sunshine] cruiser may i ask if the definition of unemployment...is it for those who lost jobs...or forl all people don't have jobs including..people on "wellfare " as well to ?
[cruiser] sunshine I just look at the Number released by the FEd. Like I said the U6 number was something new to me. That is the actual number. Not sure whatit takes into consideration, but Nevada was at 24% , so they are very close.
Papa Bear] Try this for newbies. We are moving away from a $ denomiation world into a BASKET of 5 currecies to be reserves.
cruiser] Papa Bear Treasury Note, Bric note, GCC note what are the other 2? Has to be something with Africa, and something with Japan
[Papa Bear] Chinese YUAN and Renembi also ME Currency. HUMMM wonder what that could be.LOL
cruiser] Papa Bear The Yuan will be used by the BRICS and the GCC (ME) will use the D word. U.S will use Treasury notes. What are the other 2?
[captaincaveman] Cruiser where is that from?
[cruiser] captaincaveman Replying to Pappa Bear saying there will be only 5 currencies.
[Papa Bear] 5 currency basket
[cruiser] Papa Bear sorry
[cruiser] Papa Bear Maybe I am missing something or we are talking about 2 diferent things. Are u saying RV basket with 5 currencies?
[Papa Bear] Choice of currency to use on international transactions
[cruiser] Papa Bear TY
[BigB] Papa Bear Do you believe there will be one or multiple baskets in the RV?
[Papa Bear] One basket with more than 1 currency to choose from to do international transaction
[captaincaveman] IMO Bernanke will soon join the unemployment line when his workplace shuts down
[blessedandhighlyfavored] cruiser What indications are looking for today for this international release?
[cruiser] blessedandhighlyfavored Hoping we ar e go to hear a certain plane landed. Really nothing going on in the markets. Japan may be downgraded , by moody's. Yen to over priced. Hmmm
Papa Bear] cruiser Never say nothing going on in MKTS. Always certain sectors moving and market talks to u if u train your ears and mind
[cruiser] Papa Bear You are so correct..
[_waterworld] When criminals become absolutely transparent and nonchalant about their criminality, it is usually because they no longer fear the threat of justice or reprisal... HELLO CENTRAL BANKS!!
[~MiddleClassMaiden] When ALL is said and done...and VERIFIED... and REALITY HITS... sinks in... FOR EACH OF US... the exhiliration of last minute preparation for CURRENCY EXCHANGE will become our NEXT IMMEDIATE TASK for the day... BELIEVE ME... each one of us will THEN become EXTREMELY and Happily EMPLOYED...
The JOB?... taking care of and PRESERVING the blessing that God has given us! We will probably never work so hard in our life... both on our knees before God... asking for wisdom with all the options that will lay before EACH OF US... and then making decisions that affect HOW LONG and HOW MUCH of that blessing WE EACH will end up with...
SUDDENLY... we will find ourselves "BLESSED with MORE THAN ENOUGH...". RIGHT THIS MOMENT.. let us soberly and committedly GET READY... for an INCREDIBLY and ENORMOUSLY prosperous week ahead... then... ENJOY the REST of our lives! It's really VERY exciting... when you think about it! No matter WHEN it occurs... let us be ready! "We THANK YOU O Lord... for ALL your ABUNDANCE... RIGHT HERE... RIGHT NOW... in the precious name of Jesus! AMEN!"