[Papa Bear] I was ask on several IMs this morning where we are.
Here is my answer. Do you remember the movie Trading Places with Eddie Murphy. Studley is our Eddie M. He will hit the door at the appropriate time and the frenzy will begin just as it did in OJ. This is calculated and a known event.
Hold on we are there.
[Papa Bear] I have been ask by IM where the RV stands. Remember in the movie Trading Places with Eddie Murphy what happen when the bell rang on OJ report day that is where the RV stands . Also @ 7:30 this morning those same kind of Dept of AG. reports happen in grains. Keep your eyes on the prize dont lose FOCUS
6:45 AM [Papa Bear] Our Eddie is played by Studley
6:48 AM [Papa Bear] The feeding frenzy begins soon
9:26 AM [Papa Bear] Ok Folks hopefully you read my post early this morning on where we stand. 7:30 has passed and we are in a RISK ON DAY . Lets see whos listening now
dsatmhk7] Found this - not sure it helps....... In the currency world, that translates to currencies that have high yield, like the Australian dollar, the euro, the Canadian dollar, relative yield to the rest of safe-haven currencies like the Swiss franc or the Japanese yen, or even the US dollar. Those currencies seem to perform very much in sync with the rise in risk appetite. When we’re talking about risk on, in effect, we’re talking about those types of currencies that are rising when things are good, and risk off, the dollar, the Swiss franc, the yen, (that are) rising when things are bad.
FIREPROOF] dsatmhk7 that could be IT....PAPA bear is a market man...very wise in that field...way above my pay grade
Passion for Purpose] Risk on day has to do with the markets......I remember a little bit earlier in the week....its a good thing....he will be back to tell us more I'm sure
[Papa Bear] Next question was when answer given. Gov report today in grains 7:30 watchfrenzy on opening in grains. RISK ON DAY
dsatmhk7] Remember....Papa Bear is a currency trader - is that a phrase they
sonnayhwh] book2 - I kinda think Papa was referring to how the wealth switched hands in one day, but I'm still not following the "risk on day" reference. Oh
[blimpy123] OK all, and I do mean ALL, we have a thriller day, and ALWAYS remember one thing...the Iraqi day is our night, and they are ahead of the game...They have a lunar week, not a normal U.S. week. Figure everything from there..I will not answer questions. The BBC did announce the end of C-7.
bimpy123] Katt saw it and heard it on BBC..and I do not doubt, I trust in God and my own intel and I can tell you this, not to step on anyone's toes. If in your own mind you have doubts, go and look it up yourselves. Intel has worked every way but Sunday to give you news..do not undermine them, cont...
blimpy123] dmmmd Thanks...my sources are independent, but they know, and we are all in the same boat..even intel doubts what may or may not happen...Good news is, that it will definitely take place soon, and we will be very happy. I like every person who has a source know that...Just have faith..IMO cont.
[scott24680] We keep on hearing it's Iraq that's deciding this, then the IMF,UST,UN,BIS etc. Well guess what, there are some people in this world far more powerful than those entities, and they will push the button on this when they are ready, and there isn't anyone who knows their thinking. Keep this in mind..
elaine schembre] mamawbaxter ............THEY had alot of house cleaning that needed to take PLACE... And some banking situation to take care of BEFORE.... It went PUBLIC.... We are just waiting for the bank to show the international rate
jc2] They do not NEED an RV, they need to be internationally tradable, WE hope this means a market based value...IMO
[leafsnum1] misskitty exactly... so with that said they don't need to be out of ch7 before they RV... they need to RV before they get out of ch7... so if they truely are
out of ch7 guess what that must mean...
shalala] no3br3bagshotrow "The United Nations Security Council’s resolution to bring Iraq ou t of Chapter VII of the UN Charter HAS RESTORED (past tense) Iraq’s full sovereignty over its money abroad, the chairman of the parliamentary security and defense committee said"
[Ok rocks] The fact is no one knows all the facts lol
Petrotex] there should be some information today... people with contacts in kuwait and iraq may get a post summit report
[tillbilly] a bank in tyler tx. said yesterday they expect iqd to go live any time now, and wouldcash out as soon as it is a live rate. Cbt
[gdsgrl21] Well,Monday is the 1st - we hope by then, BAM!
[rjg] elaine schembre my pb at chase knew nothing 6 months ago, now he knows
everything and follows it very closely
glory] rjg I am not saying they will not participate, what I am saying is that Bank
employees in the local banks will not know until it goes live. This is why many
of the bank stories have failed to materialize.
elaine schembre] Spec1 ..... There is alot of smoke out THERE.... But it is a FACT... They rv'd in country last MONTH.... As well AS... Chapter 7 relased last
MONTH... Just not made PUBLIC.... Became official yesterday
windancer1945] MrMikeTV It is my opinion that the rate will change at night.. and be ready for the opening screens in the morning.. If it doesn't show on the morning screens ,, it won't come today.. maybe tonight..
[bama] not that I don't have faith that the IQD is soild or anything, but relying on
the fact that the UST or any other branch of our government has my best interest
at heart is not a convincing position to take when trying to defend the validity
of the IQD
sonnayhwh] FIREPROOF - Bulldog said he had it from BIS/IMF/LMNOP sources that it had to be done by Mar. 31. . . .hope he realizes that's tomorrow.
FIREPROOF] sonnayhwh it could be done by then and show on the 1ST....THIS is like rolling the dice or a box of chocolates...you never know what you will GET...