Early Friday Morning:
Poppy3 ...THEY ARE WORKING HARD MAKING GREAT MOVES AND WORKING FAST TO BRING US OUR BLESSING.
WHEN THEY WORK FOR THEIR PEOPLE THEY ARE WORKING FOR U & ME.
SUPPLY AND DEMAND WILL PUMP UP THEIR ECONOMY FAST AND MOVE THEM TO MARKET VALUE ON WORLD TRADE… MEANING THEY WILL HAVE TO MOVE TO WTO FULL MEMBER FAST.
THAT MEANS A NEW RATE LONG BEFORE THE JUNE 15TH DEADLINE BECAUSE IT TAKES 4 TO 6 MONTH TO BECOME A FULL MEMBER.
LETS HOPE THEY ARE FURTHER ALONG WITH THE PROCESS OF QUALIFYING...
Q: [do you think the budget has to be opened before they go to market?]
POPPY3: NOT COMPLETELY NECESSARY BUT THEY SHOULD BE WITHIN HOURS OF EACH OTHER.
Q: [SO U THINKING THEY ALREADY KNOW THE RATES?]
PUPPY3: WHEN THEY GET READY TO RELEASE A RATE THEY WILL CONTACT THE IMF AND THEY WILL APPROVE IT AND BAM THEY WILL RELEASE.
IM SURE THEY HAVE A RANGE OF THE RATE BUT FINAL APPROVAL WILL COME FROM IMF AT THE LAST SECOND BEFORE IT GOES GLOBAL.
HOLD ON PEEPS IT IS VERY CLOSE.
Iko Ward: All eyes on the US market today. 10m ago Gold and Crude still going down, European Markets solidly red, Forex maintaining below 1078. all good for us
Dude49: Just wondering platinum why do you get to exchange and we are still waiting
Zebragirl: Dude, she hasn't exchanged yet but has a proactive wealth manager
Platinumrunway: Dude I was called in for prep
BigE12B: 1 of my Financial newsletters is calling December 15th terrifying Tuesday
Expecting extremely volatile market Tuesday December 15th specifically speaking to precious metals and currency.
"quote" The same cycles that accurately predicted every major event in the economy and investment markets for over 100 years ..
The same charts that enabled us to win 13 of our 14 closed trades last month (a 93% win rate) ..
... Are sending me one of the clearest signals I’ve ever seen: Tuesday is going to go down in history as one of the most volatile dates in decades!
Suddenly, the cycles charts that identified next Tuesday, 12/15 as a major turning point for gold ...
... Are ALSO identifying it as the key turning point for silver, platinum and palladium ...
... A major date for all the major currencies, including the U.S. dollar, the euro, the Japanese yen and the Australian dollar ...
... And they’re ALSO saying next Tuesday is the key date for the U.S. stock market!
You could see gold plunging $30 or even $50 in the morning, then exploding $30 or $50 higher in the afternoon.
You could see the euro spiking 5% in the morning, then swooning to 10% in the afternoon.
You could see the Dow and S&P 500 up 300 or even 500 points in the morning, then down that much or even more in the afternoon
Late Thursday Night:
Iko Ward : Well folks, the entire planet is on hold. Tomorrow the markets are going to dictate whether this goes tomorrow night or Sunday Night.
Iko Ward : Guys, I'm just plain exhausted. Let's see what happens tonight. I'll put something together for the morning. Just know that we, Dinarians, are OK. Not so for our friends and neighbors.
Emailed to Recaps
Next Tuesday - hot off the press. - from Martha
#1 the budget and possible furlough- They can’t agree so postponed to next week.
#2 Tues the 15th D Day for market collapse, all areas. gold, silver and oil l leading the pack.
#3 Fed announces about interest rates. yes or no?. it doesn't matter, the Fed is cooked and all credibility will be gone. Bye Bye. Could this be the death of the fiat currency?
The south African rand took a nose dive this week. another currency for the cause?
#4.oil oil oil. glutting the market.Will it get to 20.00 a barrel? Also the futures market is falling apart but intentionally.
I sent a series of articles to support this. Martha
From Reuters News:
Major disagreements hobble Congress budget talks
The U.S. Congress is nowhere near reaching a deal on government funding, a senior lawmaker said on Thursday, as Republicans who control both chambers struggled to meet conservative demands and show they can avoid agency shutdowns.
Well here it is but they now have till next week do or die.
South African rand hits low - more pain coming? http://www.cnbc.com/id/103231966
Middle-class Americans 'no longer majority' http://www.cnbc.com/id/103231925
Currency war risks revived as yuan slides http://www.cnbc.com/id/103230883
BOK stays on hold amid Fed rate wait http://www.cnbc.com/id/103231122
I guess we watch now until Tuesday. I believe that we are there …….look at the 22nd as a completion in time for Christmas. like I said, Tuesday is going to start a week of financial collapse.
Hub I dont personally have the foggiest, but my NYC currency broker said that he sees the rates just waiting for release and he also says he sees 10 currencies to be revalued.
I dont know about any special rates...but the one factor that regulates all currencies in the world is how much work do you have to do to buy a can of coke...
In the states you have to work a time equal to $1.40, in Canada you work to a time worth $1.65 canadian, in Mexico you work time worth 15 pesos. and so on and so forth. so the Dinar should come in at the rate that is equal to the value of commodities in Iraq.
When the same work does not buy the same product, the currencies are out of kilter, so this rv is to put the dinar in line with the rest of the trading countries.