[gretco] Morning Stitch - were do you think we stand for the weekend?
[dckb75] From what I read on recaps we are in a great window for the RV to happen. Did anybody else get any more out of the news?
[Stitch] gretco evrything looks extremely promising, just depends on what would be the most advantageous timing as to a weekend or a workday for the banks. Hard to say.
[captaincaveman] I'm not usually here on the weekends but I feel like this weekend is special.
[Stitch] captaincaveman it does feel like this is a special weekend....
[bamanana] It's not going to be easy for the banks no matter what time they release it, but they will have MILLIONS or BILLIONS of new $ in their banks! Looks like they'd just go for it! LOL
[Dreamer] this hold up seems very political. Many feel this is being held up due the Us elections
[bamanana] Dreamer I agree
[Stitch] Dreamer gm I agree, it does seem to have a political feel about it, though I think we are about past the politics now....
Read More Link on Right
[bamanana] Anything this huge that affects the world has to be political
DRAKEFORTRUTH] Elections have nothing to do with it, if it would R V now, the monies going into the market would not show up on economic reports for 2 qtrs
[diverdown] DRAKEFORTRUTH Yea but the NEws would be showing all the people buying new house and cars. There is suppose to be over 3 million Dinar holders, that will make the news when we start buying
[bamanana] DRAKEFORTRUTH I understand the timing.... I already know who I'm voting for so that particular timing won't affect me! :)
[Stitch] DRAKEFORTRUTH an excellent point!! Although I would consider more money for funding various campaigns being in play as well.
[Stitch] DRAKEFORTRUTH seems time is running out for saving the world economy. They must act soon!!
[Dreamer] DRAKEFORTRUTH I really do feel this is a political mess on who wants to get the credit. Very discouraging when politics get involved.
[DRAKEFORTRUTH] we all all reaching for reasons, it will happen when they decide, and nobody will know when that is
[DRAKEFORTRUTH] The whole thought or opinion of the dinar has to go to save the world is a huge opinion, It is the currency of a country that needs it to be a country, the whole story of the dinar R V was meant to save the world is I believe a made up reaching situation
[steveg] We are given the whole Good/Evil argument - if we believe that is the battle than Friday big rally and announcement by the ECB would appear to indicate Evil is winning since Germany will help with the bonds (bailout)
[Stitch] DRAKEFORTRUTH I agree about Iraq, however there seems little doubt as to the impact that will be made as world currencies are realigned.
[DRAKEFORTRUTH] stitch - yes it is a impact, put was not the reason why it is happening and is not going to r v for that reason
[Stitch] DRAKEFORTRUTH however, you are much more knowledgeable than I and I bow to your opinion....
[DRAKEFORTRUTH] Again a group of people reaching for reasons why it should happen
[Dreamer] DRAKEFORTRUTH everything about this whole IQD is speculation with lots of opinions and theories. Very similar to the WGS/PP programs about saving the world and etc. IMO, this IQD is the currency of Iraq. So I do believe there are still things needed from Iraq also.
[steveg] Drakefortruth agree...
[redsnowbird] It may be political from the sense that if the revaluation waits longer, then no party will be able to take the credit....because any change will not effect economy for 1-2 years.... then it will start to show.... think of this.... with your money, how fast can you start opening a business, expand your business, or hire employees.... it will take some time.
[DRAKEFORTRUTH] simple thing, we went to war with Iraq, oil controls the world, countries seen the possiblilities there, countries decide to invest there for its resources, knowing the benefit it has, and control of that region, and for that to happen they need a currency that is worth something so they can grow as a country
[bryan1972] We have to remember that "WE" dont suppose to be in this. IMO They (who ever they are) want us to give up and sell out!! I believe this is a waiting game! And We need to keep the faith and be steadfast
[Dreamer] redsnowbird agreed. I think that is the timeline where this may be headed towards. Right around election time so no party can really take credit.
[redsnowbird] IMO, the wait is due to economic indicators where all the markets need to be falling before all the govts. agree do a reset... like a few days ago... but they want the conditions to be failing before this happens.... which looks like between now and September/October according to news.
[steveg] DRAKEFORTRUTH I also feel that if we are waiting for all these components to fall in line like we are told this would never happen. Friday’s events are a clear indication.
[TruBlue] just curious and haven't heard....was the post earlier this week by Tony about Iraq TV debunked?
[redsnowbird] TruBlue No....it was confirmed from several different intel gatherers not just PTR.... however, IMO, Iraq is important, but other govts. have to agree on when the reset actually happens since so many countries currencies are involved....
TruBlue] redsnowbird Thanks. Just seems odd to me that if the PM of Iraq said something that important about their currency on TV that it would show up again somewhere. Here's to hope!
[Dreamer] steveg what were the events on Friday that had a clear indication?
[steveg] Dreamer ECB bond (bailout for EU) with Germany approval, market up 230+
[ [bryan1972] DRAKEFORTRUTH I agree, I believe intel is slow because people are tired of being wrong
[redsnowbird] TruBlue What is also important, is Secretary Clinton, and others in the financial news are talking about global reset of currencies.... that is even bigger!
[DRAKEFORTRUTH] All I know that sources I had in totally differant states and totally with no connections said a month ago that Sept was the key month
[DRAKEFORTRUTH] done before or start of it-which is only 3 weeks away
[redsnowbird] DRAKEFORTRUTH Could it also be that everyone, us and intel gatherers, learn more as we travel on this ride.... Dan with PTR was talking yesterday, that they really felt last year was it.... then that learned so much more information regarding global reset and banking laws had to be done as well.
[DRAKEFORTRUTH] redsnowbird - last year the banks were not negotiating with anybody, NOW they are communicating with group leaders, think it is a little differant story then last year
[cruiser] DRAKEFORTRUTH Why is that, Becasue Sept. is generaly a bad month for the stock markets.
DRAKEFORTRUTH] cruiser - its not about the stock markets, unless you agree with somebodies opinion that it is
[redsnowbird] cruiser Per Kaperoni, his theory is this is going to be an international Central Bank currency, tradeable among countries, not necessarily at banks... and in order for the Central Banks to have time to build their reserves and purchase IQD, they needed more time before 1/1/13 which is the drop dead
[cruiser] DRAKEFORTRUTH No you are correct, but how are they going to have have reset, if there are no indicators. Are they just going to go, Sept. 15. Everyone in the world, we are going to reset currencies, markets and everything else involved. No. they can never do it that way. That causes panic.
[DRAKEFORTRUTH] your leaders have so many times explained what is holding it up, what more can be said, there is disagreements with circles of people and power over control, if you what to use their words, good vs evil, what ever it is so many factions of people have to come together to get it completed
[redsnowbird] Drakefortruth That is true as well....
[redsnowbird] cruiser I think it is the panic that is the key!... If markets fall or crash, the public will be panicked... then wa la! ...we will reset the currencies to this new system and save the day..... or at the least, help stop the panic!
[cruiser] redsnowbird they have one. it is called the GCC. Of the 6 members 4 uses the same currency. Iraq is supposed to join with them. Their goal is to have all, in the group, us the same currecny.
[DRAKEFORTRUTH] issues of how it will be released, when it will be released, how the monies will be done to cover it, taxes, etc so many things have to be agreed upon with several parties involved
[cruiser] redsnowbird If u think panic is the key, we will not see this till after the election. do u agree?
[redsnowbird] cruiser And IMO, that is why everyone is looking at why has this not gone? Everything is done and ready by banks, Iraq, agreements, and they don't understand the holdup....so maybe it isn't a person/country that is the hold up.... it is the perfect storm that has to happen...
[steveg] redsnowbird but a big part of that perfect storm was everted Friday with Germany agreeing to the bond sale.
[Dreamer] steveg what does Germany and the bond sale have to do with Iraq and the currency of Iraq?
[steveg] Dreamer Not Iraq but if you agree with the argument about a crisis required to let this go than a lot.
[redsnowbird] steveg Yes....but look at bond sales....they work for about a week or so.... then investors stop buying them again....This has happened over and over since the first of the year....I think it is only a termporary stopgap.... we get excited....yeah...countries buying bonds.. markets go up...
[cruiser] steveg Forget U.S . markets. European markets loved it
[steveg] cruiser being exposed is one thing - changing it is another long process.
[redsnowbird] steveg The Street likes anything that causes a rally! lol But remember, when Ireland, Greece, Spain were going down... they bought bonds... and things went well for a little while... then they collapsed again... and each time we go up... then we realize didn't work... we go down.
[cruiser] steveg But the process has started and has been happening for years. Just because it is in the public now, does not indicate a timeline for me.
[steveg] redsnowbird but Germany in agreement makes it a little different.
[steveg] cruiser true but lets remember, anything that involves the gov, ie, regulation, taxes, policy are subject to politics and we all know where that has gotten us.
[DRAKEFORTRUTH] and then they are not just going to put it on a platter and tell us when, to many bad groups could take advantage and fund their operations, insider trading all, it will be done as we have been warned after they scare the public that it is not going to happen and then it will happen when we are not ready for it
[redsnowbird] cruiser I understand some people think the election has weight on when the RV happens... I think before election or after election, doesn't really matter because it is too late already for any party to claim they fixed the economy... and the economy is not an easy fix.... takes years!
[cruiser] redsnowbird it is actually a complicated process, that has been made more complicated through out. Finally, all of this is near completetion or is completed. Some aspects will take years to complete 100%, but that is not the hold up at all. Look at all of the issues that have occurred or brought out. All of the private banking that has been exposed.
[cruiser] redsnowbird do u think the rv will fix our economy? I do not
[redsnowbird] cruiser And the hackers as well... and the crooks, and the corruption!
[cruiser] redsnowbird Yes each one of them causing a slow down.
[chillimac] cruiser this big meeting on the n eastern side of usa is over tonight correct? sat nite
[chillimac] iraq does business on sunday right, we wait for monday morning right
[lileagle] cruiser if I may interject, the way it will help (not fix) is to get our oil companies in Iraq working which will hopefully employ a lot of unemployed people. They can bring their monies back, because, Uncle Sam will tax them. Thus reclaim or have some new found (tax) money.
[DRAKEFORTRUTH] This whole thing about resetting the currency and going back to a asset based currency has been talked about for years. The US does not want it and they have control, it will not happen, unless the US will allow it and they are printing money as fast as they can to flood the market,
[redsnowbird] cruiser I think the RV in itself will not fix our economy.... what fixes our economy are several things: easing of monies for businesses, hiring employees, expanding businesses, less govt. interferance, less taxes.... that is what fixes economies...hiring employees, expanding businesses, less govt. interferance, less taxes.... that is what fixes economies...
[DRAKEFORTRUTH] As my close friend who owns several banks, this has been written about for 15 years, but the US is the one that is control and the one that has the military to control what is getting done, and they will not allow that to happen because the US would be bankrupt because at the rate we are printing paper money we have not got the assets to back it
[lileagle] DRAKEFORTRUTH I would tend to agree and at the rate China has been buying our bonds, if we do not watch out, before too long we will be a suburban of china. china is inching its way into our financial banking system by acquiring interests in them.
[TruBlue] Is it at all possible that revaluation of the IQD is an Iraqi issue and that what we hear out of Iraq through articles and such is somewhat on target?
[Dreamer] TruBlue so far the articles have been correct.
[redsnowbird] Read the book "The Currency Wars!" ......explains a lot of what is happening currently.
[cruiser] lileagle So now we haveto go to Iraq for work? That is a long commute for me lol . Seriously, we has to start happening is they need to have this reset occur,so that private industries and public companies, holding onto a ton of cash, will start hiring. The R V will help, becasue some of us will start small businesses. And also do not forget the global economic shift. The U.S will become a monster exporting country.
[buddydog] redsnowbird DRAKEFORTRUTH cruiser Thank you all for a most enlightening discussion!!
[steveg] DRAKEFORTRUTH that is interesting what your friend says - he is obviously in the position to have knowledge; what is his solution?
[TruBlue] Dreamer If you are looking for any tangible evidence, I agree
[DRAKEFORTRUTH] steveg - he called the bank crash on mortgates 1 year before it happened, and he says they should of never been bailed out, and he says that it is going to happen again , and if someithing is not done about it, it could cripple the country
[lileagle] cruiser I think we have seen U.S. private contractors in and out of Iraq already. Just saying with their natural resources and Chevron attempting to strike an oil deal, it only makes sense for U.S. Oil companies to increase their labor force to head over. If the US gives our corp tax breakes they grow and those employees bring their money back stateside and spend.
[DRAKEFORTRUTH] steveg - he says let the banks fail , and that is the RESET that is needed to fix things
[lileagle] Uncle sam can tax them, at the wages they will be earning and it will be "found" money for the US to tax.
[steveg] Sometimes I hope it is just in Iraq's hands - I do not know the answer to that but it seems it would be easier to get this done if in just one countries screwed up hands instead of the worlds screwed up hands.
[TruBlue] I wanna say this discussion is awesome! So much better than hearing "i'm excited" and "you have to trust me". Thanks all
[DRAKEFORTRUTH] steveg -fractional banking has been pushed passed its limits, and its going to crash again bad, electronic fake balances can only go so far
[andisgram1] TruBlue Im with you on that!!
[steveg] DRAKEFORTRUTH but how far is that, what are the derivatives’ at $600Tr+ and still no change?
[andisgram1] DRAKEFORTRUTH so what happens in the type of crash thats coming?
[cruiser] DRAKEFORTRUTH Hve you noticed all of the talk about the banks being broken up? That is what has to happen. If the banks fail, what happens. 100 of millions of people lose their money that is in the bank. I know FDIC insures, but that is the solution. That is panic, and that is a revoltuion. If that is what we needed forgot the dinar. we may all be dead.
[lileagle] They key to this rv, is whatever country you are from, is to have your plan to put the money back out on the streets with a sound business plan that will create jobs and/or inject money into our dying economy.