ADMINBILL: GOOD AFTERNOON YA'LL! JUST SENT IKO A TEXT TO SEE HOW HE IS DOING. I WILL LET YOU KNOW. LAST TEXT FROM HIM WAS YESTERDAY AND HE HAD NOTHING NEW TO REPORT. HE IS WAITING LIKE US.
IKO SAYS HE IS WAITING FOR THE OTHER FOOT TO FALL.
I WILL GIVE YOU THIS MUCH FILTERED INFORMATION THIS AFTERNOON. NO DATE AND NO RATE. POTENTIAL FOR A RATE INCREASE FAIRLY SOON HAS IMPROVED IN THE LAST 24 HOURS. THIS IS A HEADS UP. IT IS NOT A TORNADO ALERT.
THE YARD IS MOWED. THE CAR IS GASSED UP AND I HAVE A NEW SUIT. I'M READY FOR THE FOOT TO FALL. THE BANKER TO CALL, ETC.
PJammy: Interesting==== Just walking into the kitchen, someone person was talking about Zim coming into parity with the US dollar. Turns out the reporter from NPR (National public radio) minutes ago was talking to a merchant (used clothes) in Zimbabwe.
PJammy: The merchant, a street merchant, was just trying to get a dollar or 2 to get enough to feed her family. The challenge to do that had been harder and harder. But she was learning about parity from someone.
Dedar: PJammy, I would not be surprised if the Zimbabwe was on parity with the US dollar. I did my own research and I found that the Zimbabwe dollar was on parity with the US dollar in 1980 before Mugabe took control and brought in hyper inflation. Even before that when Zimbabwe was known as Rhodesia it was on par with the English pound and in 1970 it was worth USD$2.80. To me it would be only logical to bring it back to its true value. PJammy so I find that information you brought in quite possible.
PJammy: Dedar: The link to the inverview with merchant... she says parity before end of month or early Nov.-- Very curious... coming from a street merchant in Zimbabwe- http://www.npr.org/sections/goatsandsoda/2016/10/20/498718992/a-woman-named-fortunate-doesnt-see-good-fortune-ahead-in-zimbabwe
Dedar: PJammy thank you. It sounds like they are giving us the timing for the RV.
Dedar: " and the hot topic of discussion among all Zimbabweans: the introduction of new bond notes. The Reserve Bank says they will have parity with the U.S. dollar — planned for the end of the month or early November."
Dedar: I am more excited about the timing as I believe they are saying when we can expect the RV.
SunniDaze: DID YOU HEAR THAT DUERTE HAS LEFT THE US AS AN ALLY AND TURNING TO CHINA AND RUSSIA
"America Has Lost" - Duterte Announces "Separation" From United States, Alligns With China; Seeks Alliance With Putin
After the relentless barrage of verbal abuse and negative sentiment aimed at Barack Obama and the US, coupled with increasingly complimentary statements toward Beijing, it was only a matter of time before Philippine President Rodrigo Duterte put an end to the speculation if and when he would officially pivot the country's long-held diplomatic alliance away from the US and toward China. He did so today when, during a visit to China's capital, Duterte announced his "separation" from the United States, declaring he had realigned with China as the two agreed to resolve their South China Sea dispute through talks.
Duterte is currently in Beijing, where he is visiting with at least 200 business people to pave the way for what he calls a new commercial alliance as relations with longtime ally Washington deteriorate.
"In this venue, your honours, in this venue, I announce my separation from the United States," Duterte told Chinese and Philippine business people, to applause, at a forum in the Great Hall of the People attended by Chinese Vice Premier Zhang Gaoli. "Both in military, not maybe social, but economics also. America has lost."
JSL: The big problem with USA and Iraq is as the reality goes they are soon to behind the "8" Ball as they say. Iran is not waiting for USA diplomacy or Iraq, Iran is not going to play with a revalue for 13 years like has been done to Iraq. Iran is going to be Getting their high Rate very very soon. Which will leave USA and Iraq in a Catch up situation. That is Bad news!
JSL: If they think the RV has to wait until Mosul is done. Once again we will see USA scrambling to correct Bad Decisions. Such a time we are in. I am expecting the world will not wait much longer on US
MellowMel1962: We need a RV
JSL: Mello When Iran starts running with the Ball real soon here. Because it is their plan to take over the ME it will be like a Jolt of reality to those who are leading from behind.. Yet much of the world knew this was going on the whole time.... Yep we do need a currency revalue for sure
RustyBucket: jsl-so is iran the kick in the pants to get iraq and u.s. to finally get this completed?
JSL: rusty Iran doesn't give a Hoot about what the rest of the world wants or thinks. They haven't ever since the Shaw left. Iran will take advantage of everything and anything the World gives them. Give Iran and Inch and they will take a Mile everytime. Why are our leaders acting surprised about that. Well sadly I think your right. Iran being Iran will cause the ones leading from behind to try to catch up. Which just might finally cause some action for Iraq,
RustyBucket: you mentioned earlier that iran going first would not be good. What would that do to us?
JSL: rusty Iran going first will show Poor leadership on the side of the West. But if will force the West to reliaze like they should have known years and years ago either do something or forfeit the game. So yes in that sense it will eventually benfit us. Just sorry the West isn't in front. …. The West is a Power System which is elements way beyond. They are playing Chess. Sadly the people so often are the last consideration in their Chess games. Nuff said as Okie would say
No2iaa: I heard there was an article where Iran said they would rv on the 22nd. Anyone have a link to that article?
JSL: no2iaa I saw that ,but not the article
JSL: One more thing if the other parts of the world agree to Iran's increase to buy Oil etc, it doesn't make any difference as to USA law. The Countries in the World that want to do Business with them will force the rest of the world to play Catch up, this is exactly my point. Iran takes the Mile everytime. Now I Digress LOL
Fireball92: RE: Iran, as I understand, until the State Dept releases sanctions, USA citizens and business forbiddent o do biz unless apply and get special license thru state dept. I think we would be allowed to travel and exchange... Unsure.it's dicey ... Think Cuba, similar sort of sanctions.... Also, as I understand and personally believe (HOPE), Pressure from various US industries, including US banking, It won't take long until USA pres/congtress will be economically forced to do biz w/ IRAN..
RVAlready: The thing I go back to was IMF threatened to cut off loans if Iraq did not RV by Nov 1 2016. Iraq said OK, we will get it done by 1 Nov 2016. To me, that is the end of the story.
EHankins: FRANK.... THIS IS FROM WED.CC NOTES OBVIOUSLY...WHAT I FIND SO PROFOUND IN THE MANY YEARS OF FOLLOWING YOU IN THIS STUDY IS THIS:
Frank26: Quote: “ Allow me to repeat what I said on Monday….the start of Mosul IMO equals the end of Mosul….which equals the Stability and Security of the GOI, the CBI and the country of Iraq….which equals many moving parts….which are all under the umbrella of the Monetary Policy which encompass the Economic and Financial Reforms…..which equals a Transitional Rate that IMO is being used to bring in commodities….a Transitional Rate that is moving maybe from 1000 to 1 to 1 to 1 as they themselves bragged to add purchasing power to the Iraqi dinar in country for the citizens to be able buy the commodities that are flooding this nation….which equal international markets rate of the dinar which would equal a float by a plethora of hungry investors that want so badly to get their hands on the Iraqi dinar.”
EHankins: THIS WRAPS IT ALL UP....MY POINT IS...THE INITIAL THOUGHT OF ANY PLAN EVEN IN CREATION IS FOUND IN THE FINAL RESULTS.....AS YOU SAID..THE BEGINNING OF MOSUL EQUALS THE END OF MOSUL..MEANING THE INITIAL PLANS (THE BEGINNING OF MOSUL)THEN THOUGHOUT ALL THESE YEARS... IS FOUND IN THE END OF MOSUL(THE FINAL RESULTS)...
IT'S THE WISDOM WITHIN IT!!!!.....FRANK!!!! THIS IS INCREDIBLE BROTHER....MY MIND IS BLOWN....THANKS.