From Recaps Comment Section:
BillK: Dr. Clarke... IYO once the value increases will there need to be a rush to exchange or will the increased value hold for a while? Thanks for providing the intel!
Dr.Clarke: IMO, I'd get in ASAP and weigh your options. You need to learn what the NEW RULES will be, because there are some, nobody knows about, surrounding this event.
You won't know those, till you meet. It's also personal, per individual, so it's not about a blanket type scenario applicable to everyone.
Remember, there are specifics that have been hidden and withheld on purpose, until your actual meeting - especially on this supposed Contract Rate dynamic. It's NOT what you've been led to believe.
It's all positive, but based on world economics, a currency usually increases for a short period, when it hits markets, just like an IPO or stock announcement.
But it's all a gambling game, when based on your gut. For sure, the first 3 days are going to say a lot, hour to hour. These are unknowns, but any event, everybody wins, no matter what. You're a winner.
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No G20 Stimulus Sets The Stage For Structural Reforms
FEBRUARY 28, 2016 By JC Collins
All Tools Will Be Used as Momentum Builds for Multilateral Framework
“We will not target our exchange rates for competitive purposes.”
The G20 Communique from this weekend’s summit in Shanghai was very clear on the agreed upon multilateral approach which will be required to transition the international monetary framework to a multi-currency system.
The above quote from the G20 statement is one of many straightforward approaches which is being taken by the largest economies in the world to increase global growth and address vulnerabilities.
Post From Currency Chatter 2-29-16
Tlar Comments On Iran Oil Production and More
JC May: Iran pushing forward with plans to ramp up oil output
Iran will push forward with plans to pump an additional one million barrels of oil per day into an already oversupplied global market, a senior Iranian oil official told CNN in an exclusive interview.
"Iran is not the cause for this turmoil," Deputy Oil Minister Amir Hossein Zamaninia told CNN's Fred Pleitgen on Sunday, referring to the slump in oil prices. "We do not intend to sanction ourselves again after coming out of the sanctions."
Oil producers have been watching nervously as Iran prepares to bring its supplies back to the global market after economic sanctions on the country were lifted as part of a landmark nuclear deal with world powers.
"We want to increase our production to the level we used to produce prior to the sanctions," Zamaninia said. "And at that time, then we can get together and discuss and strategize for the future."
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Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 2-29-16 Part 2 of 2
Central Bank calls for the success of the donors' conference and criticizing defamation banking sector
[rtl]Direction Press / Baghdad[/rtl]
[rtl] The governor of the Iraqi Central Bank on the Keywords, on Monday, the importance of the role of the banking sector to support efforts to ensure the success of the donors ' conference for the reconstruction of areas affected by the terrorist attacks in Jordan , scheduled for next April, criticizing the operations of defamation against the banking sector .
[rtl]Keywords and said in a statement during the meeting of the Central Bank of Iraq headquarters in Baghdad received a "trend - Presse , " a copy of it today, "we hope that the participation of this sector and wide in this national action to be an important point in his record holds all meanings benevolent ."[/rtl]
Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 2-29-16 Part 1 of 2
Deputy for the National: Abadi, will present the new ministerial his booth during the next two weeks
29/02/2016 02:32 | Direction Press / Baghdad
He favored the National Alliance MP Ali Safi said the new Prime Minister Haider al-Abadi ministerial cabin offers during the next two weeks, adding that "there can not be hidden obstacles related to the ministerial change to the unwillingness of some political blocs to abandon ministries subordinate to it."
Safi said in a statement received "direction Press" a copy of it today. "The prime minister in constant contact with the leaders of the National Alliance and with other political blocs to break formulas fruitful fit the challenges faced by the country without any override the provisions of the law or the Constitution."
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