[SWFloridaGuy] Many manufactured rumors, when repeated often enough, seem to become regarded as fact. One example of a manufactured rumor is "Today is Friday and we all know most RVs happen on Friday!!" Complete nonsense. Notice these rumors are spread but they never provide documents or evidence of this and for good reason.
An large currency appreciation event is when the nominal effective exchange rate is revalued by at least 10% or more relative to the previous average level and not only includes the one-time step revaluation, but also a number of smaller appreciation steps that happen within a short time window.
[SWFloridaGuy] Whether a country revalues on a trade-weighted basis as a consequence of the appreciation of the anchor currency, the demise of an old system (bretton woods), the exchange rate regime being changed towards a more market determined rate or if the central bank revalues the central parity of the currency, the one thing they all have in common is they happened over a period of time and weren't part of a "Friday" gift basket.
Read More Link on Right
[SWFloridaGuy]That doesn't mean that Iraq won't revalue their currency on a Friday but this rumor needs to bite the dust. Just because a statement is repeated constantly does not make it true. I advise everyone to do their own research.
[BOBGETZ6] SWFloridaGuy So true and Bretton Woods and company, have to go for the benefit of the whole world.
[SWFloridaGuy] BOBGETZ6 We need to call these rumors out. I see them repeated so often and no one questions them.
[BOBGETZ6] SWFloridaGuy I agrre and the circular intel, is just that, something going in a circle which becomes a vortex of enormous proportions.
[BOBGETZ6] I am not a guru, but have some very good and reliable people I speak with. You notice I don't give out proposed dates or rates.
[maranatha] i hope its a 'friday to remember' lol
[BOBGETZ6] maranatha It could be, but no longer hold my breath. Blue is a good color on me, but not facially.
[BOBGETZ6] maranatha I know of things, which cannot be said, but what I know I believe to be true due to the source. Based on that, I feel as if we are close, but don't know what close means.
[BOBGETZ6] maranatha Shasta7 is lurking at the moment, but I speak with him often and he alone has about gotten me my PhD on the subject.
[maranatha] BOBGETZ6 yes---we are blessed with some really smart folks on these subjects