The news regarding our investment continues to be extremely positive. Information will be overflowing this week as key events are scheduled and expectations are high.... .
Try to keep a clear head and emotions in check as both truth and rumors will be pouring in..... The IQD will revalue.....And, soon.... Based on fact as per the CBI.....
I will continue to post articles and videos that are hopefully informative. Knowledge is power....
IMO the global economic events will continue to be our clue of an impending change in the value of the IQD....and...other currencies.....
Markets Insight: Stephen King - Why the eurozone deal will fail
The eurozone deal reached last week won’t work.
Demanding that governments take fiscal responsibilities seriously is all very well but we already know from the UK experience that golden rules tend eventually to turn to base metal. And even if countries were to behave themselves fiscally, there is no guarantee that they would enjoy lasting economic and financial stability. Good fiscal behaviour can still be associated with huge imbalances and massive economic dislocation.
Read More Link on Right
_Video and Article: Continue to educate yourself.....
Time to Position for a Strong Dollar?
Is The Eurozone Banking System About To Collapse?
"If anyone thinks things are getting better then they simply don't understand how severe the problems are. I think a major bank could fail within weeks," said one London-based executive at a major global bank.
Many banks, including some French, Italian and Spanish lenders, have already run out of many of the acceptable forms of collateral such as US Treasuries and other liquid securities used to finance short-term loans and have been forced to resort to lending out their gold reserves to maintain access to dollar funding.
Seeds of discontent:
Italy sells bonds as workers strike over austerity
Workers joined rallies and a nationwide strike in several labor sectors to protest pension reforms. It was the first in a series of walkouts called over the emergency austerity measures which Premier Mario Monti insists are vital to avert financial disaster.
ETF And Central Bank Gold Lent To Banks Being Relent Into Market?
Gold market people say European commercial banks are being driven to lend gold for dollars at negative interest rates just to raise some extra cash for a few weeks.
There’s not a lot of transparency about where the banks are getting the gold they are lending out, but it could be lent to them by either their national central banks, or by gold exchange traded funds.”
If this is the case it will raise further concerns about the possibility of double accounting of gold and concerns that much of the gold investments in the market are in fact ‘paper gold’ and not backed by physical as is believed by investors.
It will add to deepening concerns about the emerging scandal of rehypothecation where some banks, brokerages and dealers have been reusing the collateral pledged by its clients as collateral for their own borrowing.
Owners of gold exchange traded funds (ETFs) would be surprised and worried to discover that certain banks might be lending out gold that they have bought and believe that they own.
OWN your own Gold / Silver
HSBC Sues MF Global Over $850,000 of Gold