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10pm November 23rd, 2015

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Table of Contents


  
More hawkish tone detected in latest post-meeting bulletins was reflected in October minutes
 
Since the Federal Reserve's last policy meeting in late October - and the latest strong US jobs figures - the market has been betting on an interest rate rise taking place next month.
 
Yesterday the minutes of the October meeting were released. Did they add to the case for the first rise in nearly a decade, or did they dampen enthusiasm?
 ~~~

Comments On "Get Out Of Gold Now While It's High" Part 5 of 5

  FlatShoeLance:     "Interest rates may increase sooner than expected. This will put more downward pressure on gold."
 
Oh brother, where do I begin? Did you think maybe this will put downward pressure on bonds? On leveraged loans? On collateral chains?
 
Where is all the money? It's in the bond market. After 7 years of ZIRP nearly all the bond stock out there has rolled over at all time high prices/ low yields. And, and...these bonds are often used as collateral for more leverage.
 
Besides, 25 bps has been long factored into the markets. It's the trajectory if any that is hazy and it's been made abundantly clear that real rates will be less than CPI for as far as the eye can see.
~~~
  
More Reader Comments On "Get Out Of Gold Now While It's High"
Alan:   Jared, it's an honour to offer support. I provide support because your analysis, frankly, is easy to support.  Yes, it requires an  abnormal amount of reading and digesting of material, hahah! But, your  multilateral transition thesis has many  friends [ easily determined by those that are willing and have the time to read].

For inquisitive readers, here's one of  my secrets  It's  always about how you research/google and  not necessarily  what you are trying to research/google.
 
With regards to Philosophy of Metrics, every PoM article I read by JC I try to find something, some term, that immediately  stands out to me (sometimes it can take days.) 
~~~
TNT:

Willeydell70:  So sounds like we really need to be watching for lower denoms to be out and Iraqi people to be paid.. I hope they release the RV after those 2 things quickly:)

Dave202:  Willey Tony said when the LD's go we are next

Willeydell70:  Dave101. Sounds like most gurus feel that way, i just wonder how long it will take.... There have been so many opinions of what we are looking for. I just dont think anyone truly knows. I am watching for LD's.

Rrrr:  It's time to give THANKS... It's time for the GIVING... how appropriate it seems at these moments we're living, to just STOP and reflect on THIS moment we share. What WAS, doesn't matter, it's of THIS time we should care.... For all who we love and interact with each day... to say Thank You to all who have brightened our way!... It's a time for perspective, so just take a moment, turn and give them a hug, and a smile, heaven sent.
....

The below posts were in our 6pm newsletter

Fed Projects Interest Rate Increase In Early 2016

By John Lovett  Times Record * 

With the scare of a hard-landing Chinese economy subsided and steady decreases in unemployment, there is a high probability of an interest rate increase in early 2016 or sooner, according to a Federal Reserve official.
 
James Bullard, president of the Federal Reserve Bank of St. Louis, told members of the Fort Smith Regional Chamber of Commerce on Friday morning that after seven years of a near-zero interest rate policy, the Federal Open Market Committee offers an 80 percent chance of ending the rate freeze.
 ~~~

 

 
Wealthwatch Sunday PM Chat 11-22-15

 
MichelleL: '@Donnie' yay! how are you doing?
 
Donnie: '@MichelleL' still on the job hunt
 
MichelleL: its a very lousy time of year for it Donnie
 
Donnie: still praying i won't need one :)
 
MichelleL: lol the eternal optimist
 
Donnie: obviously i have my feet on the ground and looking for a job and planing what to do until I get a job but......
 
MichelleL: but...
 
Donnie: i still keep an eye looking over my shoulder for a rate increase :)
 
MichelleL: look, i'm with you - let this happen yesterday -   means the difference between a prefab shack in the hill country or a real house lol
 ~~~


 

Emailed to Recaps:

Fr. trader said:I am a member of a Forex trading group. I get trade alerts. This was sent out late last night to all their Forex membership:

Surprise Fed Announcement   22, November 2015 11:07 pm EDT

FX Update

The Federal Reserve has scheduled a surprise announcement for tomorrow. This is abnormal and the last time we saw a scenario like this one was all the way back in late-2012. At that time, the Fed in conjunction with other central banks extended US dollar liquidity swaps. There is speculation that the Fed may be announcing a rate hike at this meeting tomorrow!

It is important to understand that this was an unscheduled news conference. It is likely to fuel volatility into U.S. Dollar pairs whatever the announcement. We would not be surprised if they use this holiday shortened (Thanksgiving) week to hike rates by 0.25 bps! Stay tuned...
....


 

Pastors Ed & Kat International Prayer Call Mon. Night 7pm ET

International Prayer Call Monday N ight   7pm ET

641 715 3660   406878#
641 715 3659   406878#   recorded version

Tonight's  Call of thanksgiving for what we have and were God has placed us to be part of something no one has ever experienced nor will ever see again so join in for a night of blessings. Shalom Shalom
God Bless 

Pastors Ed & Kat
heavenlyhealingministries.org

Thanks Dinar Recaps for your faithfulness in helping the community Shalom
 


  Question: Garryowen: concern about the 4.00+ rate of exchange in USA (assuming you are citizen in USA and plan to exchange there, since you did not say) Very skeptical of this high of  a rate and said it is all just speculation.

Answer: Really? You think it is all JUST speculation? Mnt Goat is not assuming anything and this is NOT speculation, as I see it  but then again we have to start somewhere. I would not put a second mortgage on my  house based on this rate to buy more dinar if that is what you mean and intend to do based on you inquiry.

The IMF has themselves told us very specifically what to expect when the IQD revalues. They begin at a base pre-war rate of $3.22 the add on %'s based on assets of country since Saddam



(Thank you George for sending this to Dinar Recaps.)

UU6838 - "While We Wait for the Next Step"  by Mnt Goat

Hello Everyone,

Today I am going to continue the discussion of the plan to launch the lower denominations in the future and the importance of this event in the process that will lead to the ultimate full revaluation of the IQD.

I am also going to answer many of your questions and concerns from my last 2 news letters. All very good and justified questions. But I have to say many of the questions are already answered and are found directly in my news letters. So in the future I will only refer you back to the news letters again. Today I am being kind....lol....lol...

As I said, my news letters are chock full of information and so maybe you should print them out so you can highlight or underline what is important to you so you can refer back to it in the future.


 

Re-Engineering The Dollar  By JC Collins

ECONOMICS, FREE POM

Free E-Book Now Available (Re-Engineering The Dollar)
November 22, 2015



 

The Redback Revolution 

How China Is About to Flip from Trade Exports to Trade Services
By JC Collins
 
The Made in China label became a symbol of economic production lost in the western world alongside the rise of cheap labor and goods from the emerging economies. The cultural meme of "everything made in China" became common and could be heard at any given moment, anywhere in the developed world.
 
Whole industries and business models were built around the economic methodology of exporting cheap goods. Such as numerous chains of dollar stores, and brand name clothing outlets, which manufactured products in the Chinese provinces with the lowest labor costs, and then sold the goods at inflated prices to the developed world.
 
China now has the largest economy on Earth, and the monetary structure which made the USD the center of the solar system is shifting towards a multilateral framework. 
 ~~~


 

The below posts were in our 10am newsletter
Early Monday Morning:

KTFA:


Eagle1968 :Frank...if you have a chance on Monday nights CC, can you just touch briefly on your feelings about the South Korean Won?    Thank you sir for all that you do.

Frank26:  Ah yes ....... Military Contracts ......... Increase in US / UN Troops increase in Economic Growth ........ Tourism ....... China in Basket controls NORTH ......... Minerals ...... Hmmm............... Currency.

Ok ...... I'll say something ............ If I can think of something .......... LOL !!! !!! !!!

How are You FRANK26 ?    Controlled Chaos.   KTFA   Frank

....


 

 
Post From Wealthwatch.world Chat Room  11-22-15
News With Links & Discussion

Wealthwatch Sunday AM Chat 11-22-15 

chattels: Must-read : " Confessions of an ISIS Spy " BY MICHAEL WEISS For all the attention paid to ISIS, relatively little is known about its inner workings. But a man claiming to be a member of the so-called Islamic State's security services has stepped forward to provide that inside view. This four-part story is based on days of interviews with this ISIS 

spy. wealthwatch.world/showthr...
http://wealthwatch.world/showthread.php?tid=3022
 
chattels: canceled the Presidium of the House of Representatives to host the Minister of Industry Mohammed Darraji of the agenda of Sunday's meeting. And limited the agenda, according to a statement the parliament media department, the agency received all of Iraq [where], a copy of it, the "Report of the economy and investment, and to discuss the draft budget law next year," .
 ~~~


 

Part 2

November 22, 2015 at 11:25am   Via GLP:

According to whistleblower info, CERN has had a major disaster of containment, with water geysers jetting into the air and a 10 to 24 foot section of the main collider destroyed due to non-stop beam malfunction - no mainstream media has the slightest idea. This occurred back on Friday the 13th (!!!) I postulate the main personnel were having their usual dark occult rituals on that date leaving only one intern in charge!! Watch this YouTube video for more info:   https://youtu.be/ei_cqJlR-zI

CERN, LIKE ALL GOOD THINGS THAT START OUT WITH HIGH IDEALS, WHILE A GREAT THING FOR THE STUDY OF BOSONS AND OTHER EXOTIC PARTICLES THAT MAKE UP THIS UNIVERSE, HAS BEEN SUBVERTED FOR THE PURPOSE OF DARK THINGS.

HOWEVER, THOSE THINGS WILL NOT BE ALLOWED TO PREVAIL AS I SAID BEFORE MONTHS AGO, AND I GUESS HERE WE SEE PROOF OF THAT. ONE INTERN AT THE HELM WHILE THE OTHERS CLAD IN LONG ROBES DANCED AROUND A FIRE INCANTING UNINTELLIGIBLE CHANTS.

FASCINATING. WISH WE HAD A VIDEO. WONDER IF THEY WERE NAKED. REALLY WISH WE HAD A VIDEO.
....


 

 
Greetings and Salutations:

POOF SAID: The sea of life is rocking all boats right now. The seas of change are upon you all. The mesmerized crowd of zombies are hard at work trying to sort through what is real and what is not. Just be and listen, listen, listen. Try not to analyze; Just be with what is.. All is well. Very well. Much more than you think! ...P...


ZAP SAYS;HI ALL

THERE HAVE BEEN TIMES WHEN I MAY HAVE:
DISTURBED YOU,
TROUBLED YOU,
PESTERED YOU,
IRRITATED YOU,
MADE YOU LAUGH,
MADE YOU CRY,
BUGGED YOU, OR
JUST GOT ON YOUR NERVES WITH ALL THE INFORMATION I GIVE
SO TODAY I JUST WANNA TELL YOU THAT...
I PLAN TO CONTINUE
....


 

 
Morning News Comments 11/22/2015
 
The Central Bank rejects a parliamentary proposal to pay part of the salaries of staff in dollars

LINK
 
Oh this is good Wink
 
"The Central Bank rejects a parliamentary proposal to pay part of the salaries of staff in dollars"
 
"Keywords and added, "We as a central bank refused this thing for two reasons, the first being a threat to the country's sovereignty because the currency is the dinar, the national currency," adding, "The second reason is that the process leads to a significant reduction reserve".
 ~~~


 

 
 
Gold Price: Why Did It Rise After Latest Rates Hint?
 
The latest dynamics driving the gold price could make the medium-term trend hard to predict
 
The narrative has been clear for some time: gold, along with other non-yielding commodities, will suffer when the Fed raises interest rates. Or will it?

Yesterday the Federal Reserve published the minutes of its  rate-setting committee meeting  in October, which were broadly seen as emphasizing that a rates rise is likely to take place in December. The gold price, surprisingly, rose.

It should be noted the rise was relatively minor - spot gold rose from around $1,064 an ounce before the announcement to $1,070. Gold was this morning trading at around $1,073 in London, a figure still close to its five-year lows and below the closing price before the brief 'safe haven' rally in the wake of last Friday's terror attacks in Paris.
~~~