IWCW] this wont come in pieces it will come all at one time with the push of a button from the east to the west like a speeding bullet
[terrib] WCW and about the time we give up
[WCW] terrib yep when least expect it
[bigbear] highlander65 Anybody got a idea what Zap is trying to say???????????
[ChildOfGod] bigbear Things are moving ... just haven't arrived yet rofl
[SpecialAgentGibbs] I personally appreciate SOLID intel
[MotoXR] SAG absolutly
[terrib] SpecialAgentGibbs then i have a question
SpecialAgentGibbs] The rest of the gobblygook only serves to upset the synaps, and I have few of those to spare these days
[terrib] SpecialAgentGibbs if thay're all so bad why read them?
[SpecialAgentGibbs] terrib LOL, I don't read them, LOL
SpecialAgentGibbs] Some calling for the full public disclosure of the illegals, some saying wait. Rock & a hard place with no safe way out
[SpecialAgentGibbs] The way I see it, IF the bad guys are still pulling the strings, it MAY not be wise to turn on the spotlights. IF the good guys were pulling the strings, we wouldn't need the spotlights
[FLPatriot59] Over the past five years, the number of rich has grown twice as fast in Asia as in the rest of the world, and private banks have gone on a hiring spree to capture the opportunity. UBS has hired 130 client advisers this year, raising its private-banking head count in Asia to more than 1,100. Credit Suisse has expanded its private-banking staff by 7% over the past year. The investment may have paid off; net new assets in the first quarter jumped 88%.
[jtrain7] Flpatriot there's apparently a lot of elders in china these days that need private bankers
[FLPatriot59] Global banks are betting on private banking for two reasons. First, investment banking in Asia has become a highly saturated and largely unprofitable market. Earlier this year, WH Group, the Chinese pork producer, hired a record 28 banks to share the work and the fees on its IPO—and then scrapped the offering.
[FLPatriot59] Second, private investors have become a more important source of investment-banking revenue. The superrich in Asia are more likely than their Western counterparts to do deals such as stock offerings for their companies that would benefit investment-bank units. They are also significant buyers of new stock and bond offerings.
[SpecialAgentGibbs] Not every bank employee is educated or even aware of every currency in the world.
[SpecialAgentGibbs] You simply cannot expect them to be
[HIGHERGROUND] SpecialAgentGibbs good point... and that includes Presidents of Banks... I have a story to that affect but it is not edifying to our purpose or Goal of being in this chat room
[SpecialAgentGibbs] I've talked to bankers that had no clue what it was, and talked to bankers that were VERY in tune to it
[SpecialAgentGibbs] I once walked into a WF branch, and when the greeter asked how they could help me I loudly stated that I was there to open an account to exchange my dinar into. The greeter immediately shuffled me into the branch manager's office, the manager came in and said "I'll be right with you, let me grab our wealth manager to join us"
[SpecialAgentGibbs] 100% true bank story
[SpecialAgentGibbs] He immediately opened the account, waived the initial deposit, and ALL fees
[Gemini] SpecialagentGibbs I went to WF BOA AND CHASE in my area I spoke with all 3 managers none of them had a clue about the dinar or any currency re-valuation. Yet when I went to purchase some VND at the same chase bank the teller was able to tell me about the RV and a few of the currencies I should add to my portfolio he works for the clueless manager.....
[SpecialAgentGibbs] And I'm serious, I got the red carpet treatment.
[HIGHERGROUND] I am convinced, based on personal experience, that most bank employees have been mis led or flat out lied to regarding these currencie for the past several years and as time has passed, they are more convinced that what they were told is true, when if fact, we know better.....because we have been researching and vetting and studying this investment for years for many of us....
[SpecialAgentGibbs] I was at another WF branch to send a WT for dinar purchase, and when I told her what it was for, she got all snide & nasty telling me how it was a scam, and refused to do the WT
SpecialAgentGibbs] AT yet another branch right after, to do the same WT, the lady was more than willing to do it, and started telling me how several doctors & lawyers had also been there to purchase dinar & VND
[SpecialAgentGibbs] The point is, each branch and employee is different, some know, some do not
[HIGHERGROUND] SpecialAgentGibbs ty for sharing these two opposing stories that reflect the disparity in awareness from various bank employees...
[SpecialAgentGibbs] Iraq is a REAL place, they have REAL currency... FACT!
[HIGHERGROUND] And Iraq has to RE Instate that Currency to a Real Value
[SpecialAgentGibbs] If Iraq intends to build the social & political status of their country, as well as partake in global tradins & business, they know they're peeing up a rope @ 8/10 of a penny to the $1
[SpecialAgentGibbs] Why do you think Maliki popped an RI?
[SpecialAgentGibbs] He got fed up with watching his country being hogged tied to pennys
[HIGHERGROUND] SpecialAgentGibbs You think that was his primary motivation?
[SpecialAgentGibbs] HIGHERGROUND IMHO, yes (at least in part, even if he did so to try to save his own bacon)
[HIGHERGROUND] SpecialAgentGibbs makes sense.. I think to save his arse more than anything and leave some sorta legacy for himself before being ousted....
[SpecialAgentGibbs] For Iraq to trade globally with dinar @ 8/10, they can only do so by printing boatloads of dinar....We all know what happens when a country does that
[SpecialAgentGibbs] the USA has been doing it, and look at the value of the USD going down the drain
[sugarplum50] SpecialAgentGibbs printing it means it cannot be backed by anything more than their word
[SpecialAgentGibbs] The price of gas. food, utilities is NOT going up, the USD is going down
[SpecialAgentGibbs] Flood the market with ANY item, and watch it's value decline
[nutzo] SpecialAgentGibbs the only thing that bucks that trend is---------knowledge!
[SpecialAgentGibbs] nutzo Supply vs Demand..... Knowledge is in low demand these days
[Jeff] How many on here question how a delay translates into "billions"?
[SpecialAgentGibbs] Jeff That sir is an interesting subject
[Jeff] SpecialAgentGibbs traveling in financial circles my fellows find it rather challenging to consider a possibility
[SpecialAgentGibbs] Jeff I too have pondered this as of late
[SpecialAgentGibbs] Jeff I have to assume that they who are profiting know MUCH more of such matters than I
[pursuitoftruth] Hi all. Just a drive by before going to bed. So, SpecialAgentGibbs, do you think they are still delaying or is it in progress?
[SpecialAgentGibbs] pursuitoftruth yes, and yes
[Jeff] SpecialAgentGibbs sure that would be a wonderful assumption but not to question "billions" made on every delay; that is a question of functionallity and reason
[SpecialAgentGibbs] Jeff Honestly I wish I knew
[Jeff] SpecialAgentGibbs I feel that a response of "billions" is flipant and numerically questionable when used as a trigger emotionally for what occurs when there is a delay, JMO
[Steelerfan] Jeff maybe they make their billions continuing to control the world markets while they are still in control???
[Jeff] Steelerfan when viewing the Debt to Liability ratios termed as debt to % of GDP per country and where there is very little growth where is the billions being made each time there is a delay?
[veggielover] SpecialAgentGibbs I can tell you how much a delay in having a drug patent extended for a short time can make for a drug company and it is NOT a small figure! But it would be small in compared to this!
[veggielover] SpecialAgentGibbs Sorry. I meant a delay in ending a patent and rather having it extended for a short time.
[SpecialAgentGibbs] Jeff certainly a possibility that emotional response is being manipulated for some gain as well
[SpecialAgentGibbs] Jeff And perhaps we are approaching the question from a completely wrong angle
[Jeff] SpecialAgentGibbs I think we accept in general the excuses and then postulate on what ifs when the real issue may be simple
[SpecialAgentGibbs] Jeff If one did not ponder, we all would still be living in caves and chasing Darryl Hanna
[Jeff] SpecialAgentGibbs LOL