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Economics, Free Pom
After The Sdr Announcement - Now What? (Freepom)
November 30, 2015
Widening of the Trading Band, US Yuan Clearing, and Increasing Interest Rates
By JC Collins
A major piece of the POM analysis has fallen into place. As has been predicted here for the last two years, the Chinese renminbi has been added to the Special Drawing Right basket of the International Monetary Fund.
This fundamental change in the composition of the SDR will allow for a more sustained and balanced adjustment to the international monetary system.
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The below posts were in our 6pm newsletter
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KTFA:
Frank26: KTFA FAMILY :
TEAMS AND I ARE EXCITED ABOUT THE CBI's POSTING OF 1180 !!!
Very excited to TEACH You why tonight .......... C U in less than 4....... ALOHA !!!
MORE SHOCK AND AWE TONIGHT ! KTFA Frank
Aggiedad77: How about you apply the "shock" factor tonight We will all be listening to apply the "awe" factor Aloha Randy
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TNT:
Natok: Yesterday at 2am during trading, market went to 0 for both China and Hong Kong on the screen, then came back up, someone in here mentioned it, so I looked, it was at 0, and I saw it reset, wierd!
NewCreation: Highlights from OM this am...1. CBI rates changed for first time in 5 years this am. (the rate is higher than we would like, BUT IT HAS CHANGED) 2. UN rates have changed Poland has had a significant currency rate increase
New Creation: Iraq declares another 3 day holiday "this week"....Imagine that!:)
Iko Ward: Forex still below 1080. ISX gaining. CBI active. Millions in the street. Sounds like it's here. They have to start at the top and work down (or up, as it were) The fact that it is active is a big, big deal. Let the poop hit the fan and just stand back a little bit. It's going to be a long day.
LH: Iko I pray you are correct! Sounds like wonderful news to me.
....
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Post From Wealthwatch.world Chat Room 12-2-15
*SCZIN11: THE CBI WEBSITE HAS ....WELL , CHANGES AND ...
*SCZIN11: WOW! DINAR EXCHANGE RATE DOWN & TOMORROWS AUCTION RESULTS TOO??
*SCZIN11: CURRENCY CODE SELL BUY US dollar USD 1182.000 1180.000
*SCZIN11: AND THEN THE AUCTIONS...
*SCZIN11: CURRENCY AUCTION RESULTS FOR TODAY AND TOMORROW
*SCZIN11: Currency AuctionsAnnouncement No. (3086)The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 2/12/2015 a
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Wealthwatch Tuesday Evening Chat 12-1-15 Part 2 of 2
chattels: In addition to Jewish cemeteries and homes, many other Jewish landmarks can still be found in Iraq, including the tomb of the Prophet Zul-Kifl (Ezekiel), south of Babil; the Baghdad neighborhood called Torah Place, historically home to some of the city's Jewish residents;
the Temple Torah in Samarra, which was turned into a residence after its owners left for Israel in the 1940s; and the Temple Torah in the Ashar district of Basra, which was built in 1915. The shrine of the Prophet Daniel in Mosul was blown up by the Islamic State on July 23, 2014. Read more: www.al-monitor.com/pulse/...
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tonys: I see this everywhere, does anyone know on this " what is all the talk on article 32 in Iraq currecy law?"
lonegunman: Article 32 Issuance of currency 1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq.
Banknotes issued under this Article shall be a first charge on the assets of the CBI.
The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq.
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The below posts were in our 10am newsletter
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KTFA:
Aggiedad77: Hello Family here are the Dessert notes from tonight's Bible Study CC....enjoy Aloha Randy
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
CC Notes 12-01-2015
Frank you have the floor.
Frank26: One of the things we told you a week ago yesterday Family was, as we closed, I asked, did you enjoy your conference call.....good....because now I want you to pay attention....next week you will see the Amnesty Law....it is the next in the procession of laws.....that are being released,
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Post By Arthur Emailed To Recaps
Arthur:
Its probably a good thing that we are so numb to this now so that this highly anticipated and exciting moment is going relatively under the radar.
In all the years prior most people were really hyped excited as we got close to the 1st of the year and a lot of those years it was just unwarranted excitement driven by rumors.
But I am here to tell you, even without referring to the outstanding positive intel I am getting from places that have never been this RV positive before, that EVERYTHING we are seeing at this particular moment in time points toward some positive change in the status quo as we have known it for all these years
~~~
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Tuesday Night 12-01-2015 The Big Call - Recording Link and Replay #'s
RECORDING LINK
Playback number: (605) 562-3198
access code 123456#
104 Minutes
The Big Call
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TNT: Highlights From The Big Call:
PinkRoses: Bruce call: Welcoming all to the call.
Mangelo: Bruce call: bruce is saying hello to everyone....I'm in a good mood and you should be in a better mood
PinkRoses: Bruce call: Prayer request now
PinkRoses: Bruce call: Intel now
Mangelo: Bruce call: where are we??
PinkRoses: Bruce call: Where are we? I will tell you I am surprised we dont have it today. AS many of you we have had indications of it going and yet it was stopped. not positive who stopped it. I have an idea. it doesnt matter.
....
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Post From Dinar Updates Chat Room 12-1-15
Dinar Updates Tuesday Chat 12-1-15 Part 2 of 2
ghost says to wmawhite(): I couldnt agree more with that, I must have misunderstood (not a first) - I thought that you were suggesting that a nation's internal currency valuation was a choice made without impact of the international exchange rate. Thanks for clearing that up for me.
wmawhite says to ghost(): I have been trying to get folks to stop getting hung up on the size of the currency.......because, we will be Loooong Gooooone by the time all of the notes (LDs) are distributed because the new value of the IQD will need many many months to work its way through all of the Iraqi economy.
DiagyAAAE says(): mThe Iraqi dinar exchange rate options
Author: intelligent loyal Khalidi 01-12-2015 03:55 PM
10k Iraqi Dinar notesIn light of the suffocating financial distress taking place in the Iraqi economy because of the large decline in oil prices, and experts concerned to discuss the most appropriate option to determine the dinar exchange rate.
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wmawhite says IMF has stated that Iraq needs to have the "free flow of currencies" and that they (IMF) expects Iraq to re-enter the economy market prior to the first half of 2016.
Now, think this through. How well will Iraq do if they are required to have the "free flow of currencies" if business/investors are not able to exchange currencies freely. Instead, that will only have windows that open and close? Think people......think!!! You folks already have the necessary information.
Nadita says wmawhite.. the currency has to be tradeable internationally in order for it to have free flow for trading/investors.
Nadita says when IMF stated first half of 2016... do they mean a "real" half of the year (jan-June) or 1st quarter
~~~
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