Early Friday Morning:
Iko Ward: Let's do a little review. Remember the popullar thought these days is it's done and we are waiting. Who else is waiting? Crude..hovering around 41...all those ships off Galveston...waiting. Gold, in a paddock chute between 1165 and 1185...waiting. The stock markets, no real change this week..waiting. Forex, didn't even bother to rest up to CBI rate the past two days, just like last week...waiting
Iko Ward: And then the ISX and Iraq internal indexes move up yesterday a full 5% after a straight and steady decline the past 90 days....NOT waiting anymore!
TotallyBlessed: Iko...I value your opinion and it sounds like you see the race horses in their starting gates pawing the ground ready
Badscott4: Iko from my understanding there is several at the trough with the ships at various ports around the world waiting. Wait for it, Wait for it haahahaha
Phantom1: Iko gm did you see this post what do you think https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fiqtesaduna.com&sandbox=1
Iko Ward: phantom...I mistrust all frank and simple people, especially when their stories hold together. Right now any statement from any financial institution of regulatory agency is suspect. These people are scrambling like rats off a sinking ship. To be fair, they are not all bad people or institutions, but they are just as confused as we are. Oddly comforting.
bomonkey : the lower denoms are out….when the lower demons got to the banks, they were partying! Kuwait is already going to Iraq to the banks
cyndisaintsfan : do you have this from good sources ??
bomonkey : yes…..straight from the iraq citizen who is still here….How are Kuwaiti citizens exchanging in Iraq at banks? So it is international……..it's out
Mangelo: My friend's cousin's are partying in Iraq! He said they have been partying for awhile. it has taken him awhile to get in touch....that's all he told me. But I told you guys that they had been celebrating sometime ago…….. people are exchanging.....we have to be next...
LadyB22: mangelo, that's wonderful news. And tonight we learned that the Phillipines signed off, apparently recently. Who knew?
JWill: So who is really running this GCR ?? Up to now the PTB don't seem like they know what's going on..( sounds like a lot of running in a circle)
IKo Ward: jwill...pay no attention to that man behind the curtain. Did you know The Wizard of OZ was actually written as a modern day fable about who is running the world?
Rrrr iko... here is the youtube on "The secret of OZ"... This was one of the first books tony and DC recomended... Fascinating
Late Thursday Night:
Poppy3 discussion today on projection of guaranteed rate on iraq investment bonds like our municipal bonds for rebuilding infrastructure of major cities.
These are not the original bonds tried a few months ago these are purely for rebuilding ELECTRIC GRID, WATER SYSTEM, SCHOOLS, HOSPITALS, GOVERNMENT BUILDINGS.
THE RATE HASNT BEEN ANNOUNCED BUT MEETINGS ARE BEING HELD AT IMF.
wmawhite Folks, at the current value a 250 IQD note is worth $0.21 and the 500 IQD note is worth $0.42. These new notes are being printed with the Kurdish, Arabic and English languages.
The costs of printing is greater than the value of the notes on the streets...GO FIGURE. Something is happening.
[xyz] Three presidencies confirm to speed up the passage of the budget gathered at the Peace Palace in Baghdad on Thursday evening During the meeting, discuss the most important political and economic issues Link
Four2atous: Citigroup Inc., JPMorgan Chase & Co. and Royal Bank of Scotland Group Plc pleaded guilty to conspiring to manipulate the price of U.S. dollars= Link
Four2atous: Royal Bank of Scotland Group= Link
locofelipe : "ok- you guys are talking, I will tell what I know.... I was told by my WM that I would be in her office earliest Saturday---- latest Monday. I told her either day I could work out in my schedule" hummmm
If I sign the NDA.... I will still come and say goodbye. but that's it..... BTW- she felt that we would ALL be somewhere by that time frame. I laughed and said, yeah, LOCO..
Tuttles: Police Bust largest underground banking case in China
tman23 The Japan Loan is 3 billion dollars...it is a 40 year loan at a rate of 1%... So riddle me this...The CBI has extended the GOI bond sales until Nov 30 at which date they close...
They could not sell bonds because of high rates required by investors...
They can get 3 billion for infrastructure...it is waiting...
Whats the problem? IMO...timing!
Aggiedad77: 6:21 PM EST Interesting.....just got an update from XE.com that the IQD moved from 1114 to 1113...slow and steady in the right direction. Aloha Randy
dinardek :A question for you Randy, or anyone else that cares to share please. In listening to the replay from last nights cc, Frank once again stated that based on what he and teams are currently seeing, they have no choice but to move numbers 3 and 4 into December. Just to make sure my notes are correct, number 3 is DRS being announced "officially" as the head of the CBI once again and number 4 is him raising the value of the IQD, is that correct? Thanks so much in advance for taking the time to answer
my somewhat redundant question!
Aggiedad77: Hello dinardek, I must say that you keep pretty good notes....I had to go back to November 9th's CC notes to confirm what you ask.....but you are essentially right.....#4 is Dr. Shabibi announcing his type of Monetary Reform process that he has selected which in turn tell us the number at which he will start things.....if you look at your notes from the 9th you will see Frank talked of several options for #4....so which one will Dr. Shabibi likely select. Aloha Randy