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WSOMN:
AdminBill: GREETINGS AND SALUTATIONS FROM THE GREAT STATE OF UTAH. IT APPEARS WE ARE ON THE DOWNHILL SLIDE ON THIS RIDE IF EVERYTHING WE ARE HEARING AND SEEING IS TO BE BELIEVED.
I PRAY IT IS SO. MUCH HAS HAPPENED AND MUCH CONTINUES TO HAPPEN.
Whimsyls : Admin in your opinion do you think what is going on with the Deutsche Bank is effecting the RV?
ADMINBILL : WHIM - YES
kermit53 : The next few days will be memorable for all of our future generations.... and guess what? We were involved and knew how and why it happened
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IMF Adds Chinese Renminbi to Special Drawing Rights Basket
IMF News
September 30, 2016
Renminbi joins U.S. dollar, euro, yen, and British pound in SDR basket
Change represents important milestone for IMF, SDR, and China
Move recognizes and reinforces China's continuing reform progress
Effective October 1, the IMF is adding the Chinese renminbi (RMB) to the basket of currencies that make up the Special Drawing Right, or SDR.
The SDR is an international reserve asset created by the IMF in 1969 to supplement its member countries' official reserves. The IMF's Executive Board agreed to change the SDR's basket currency composition in November 2015, and the decision now enters into force after a period of transition. The RMB joins the SDR basket in addition to the previously included four currencies-the U.S. dollar, the euro, the Japanese yen, and the British pound (see chart).
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Post From Dinar Updates
Chat Room Excerpts & Highlights
Bgg & MadDScout News Time 9-30-16 Part 2 of 2
Here's a great insight from RCookie...
rcookie (Dinar Guru) - BARZANI IN BAGHDAD FOR 1ST TIME IN 5 YEARS TO MEET WITH ABADI AND BLOCS...GOING TO BE HUGE WEEK..
Read More: http://www.dinarupdates.com/observer/
Sadr: Barzani supports our directions
Baghdad scales news - Vice President of the Sadr political body judge Jaafar al-Musawi, the approval of the President of Kurdistan, Massoud Barzani, on all the points raised by the delegation of political organisation.
Musawi said after a meeting with Barzani extended in accordance with the statement/balance of news/copy, "the meeting discussed the election law and the higher Commission of elections and forming a cross block party and sectarian quotas in addition to problems between the Center and the territory and liberate Mosul."...
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Bgg & MadDScout News Time 9-30-16 Part 1 of 2
BGG says():We all ready for News Time??
magnetlady says():You bet BGG
BGG says():My humblest apologies for being late.
divgreen says():YES
wilson6060 says():Yes, please
BUCK says():wow
BGG says():had TOTAL brain fade today and had to go fix some stuff before it got out of hand (on the site)...
magnetlady says():That's OK BGG we have been learning the most fascinating things about each other
SRW says to BGG():Lets Roll!!:D
BGG says to magnetlady():(lol)
SRW says to BGG():Before I get kicked outta here!! :D
BGG says to magnetlady():Did my daughter happen to mention she was just by the Iraqi Embassy before she met with you??
magnetlady says():Yes she did
BGG says to magnetlady():How cool??
magnetlady says():Yuppers
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The below posts were in our 11am newsletter
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Thanks My Ladies for sending this to us today: MY LADIES: GOOD MORNING EVERYONE. I HAVE SOMETHING I WANT TO SHARE WITH EVERYONE.
YESTERDAY A DINAR SITE WAS BROUGHT TO MY ATTENTION, I HAD NEVER HEARD OF THIS SITE BEFORE BUT APPARENTLY IT HAS BEEN AROUND FOR A GOOD NUMBER OF YEARS.
THIS SITE APPEARS TO BE TOTALLY DEDICATED TO TEARING DOWN THE DINAR COMMUNITY AND EVERYONE IN IT. IT REEKS OF HATRED. I DON'T GET THE PURPOSE OF IT BUT HEY EVERYONE HAS A RIGHT TO LIVE HOW THEY SEE FIT, BUT IT GAVE ME SOMETHING TO THINK ABOUT.
MY POSTINGS FROM RECAPS ENDED UP ON THEIR SITE TOO AND THE NASTY HATE FILLED COMMENTS THAT CAME FROM PEOPLE I DON'T KNOW, THAT DON'T KNOW ME WERE RIDICULOUS.
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September 30, 2016
The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. As of March 2016, 204.1 billion SDRs (equivalent to about $285 billion) had been created and allocated to members. SDRs can be exchanged for freely usable currencies.
The value of the SDR is based on a basket of five major currencies-the U.S. dollar, euro, the Chinese renminbi (RMB), the Japanese yen, and pound sterling-as of October 1, 2016.
The role of the SDR
The SDR was created by the IMF in 1969 as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves-government or central bank holdings of gold and widely accepted foreign currencies-that could be used to purchase its domestic currency in foreign exchange markets, as required to maintain its exchange rate.
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WSOMN:
AdminBill: WORD IS THAT HISTORICAL BONDS READIED FOR FUNDING EARLY NEXT WEEK. RV/GCR WILL NEED TO GO PRIOR TO OR AT THE SAME TIME AS HB's. BEHIND THE SCENES ACTIVITY SPIKING INTERNATIONALLY.
NWMontana: Check out what the Swiss are doing...
Secret Swiss Gold Vaults
ECross: So, with the announcement today from the IMF on China joining the SDR basket for Oct. 1st shouldn't RV soon follow?
Snickers: So, did the IMF really make the China/SDR announcement yet? Where was it.
NWMontana: Snickers. Yes....
IMF SDR Basket
NWMontana: Snickers..No "formal" announcement on gold or asset backing though....some feel that will be a silently made move
Patience44: Many were thinking China was going gold backed on Oct 1st which could have had an effect on the RV
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IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts September 30, 2016 Today, the International Monetary Fund (IMF) announced the launch of the new Special Drawing Right (SDR) valuation basket including the Chinese renminbi (RMB), and the new currency amounts that will determine the value of the SDR during the new valuation period.
As approved by the Executive Board of the IMF on November 30, 2015, effective October 1, 2016, the RMB is determined to be a freely usable currency and will be included in the SDR basket as a fifth currency, along with the U.S. dollar, the euro, Japanese yen, and the British pound
(see Press Release No. 15/543).
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Post From Dinar Updates
Chat Room Excerpts & Highlights
]jfd says():Dont we need the dollar to decrease against the dinar and not rise??
larrykn says to jfd():when they do it it will
jfd says():So the rising and falling of the dinar at its present value does not mean anythihg?
DIGIman1 says to jfd():nothing
jfd says():(y)
DIGIman1 says to jfd():its a reflection of the strength of the USD
larrykn says():currency always floats around so no it really doesn't mean anything at this time
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