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6pm August 1st, 2016

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Table of Contents

WingIt:

Dr. Mark:  Someone is figuring this out: Investors flee U.S. stock funds despite new highs - USA TODAY  LINK

Dr. Mark:  US corporate defaults head for highest since 2010 - Moody's  LINK




Healthnut:  I don't know if the derivatives have to go before the RV, but I do know that they can't exist with an asset backed currency. One way or the other, I hope they get this show on the road.

BeagleEyes:  Healthut: I heard that the derivitives would react neg. during the night and then the stocks and bonds would take a few days to respond in the form of a "crash". If you look at the stocks in EU they are ALL down right now.

Healthnut:  Good to hear that BeagleEyes, let's get this ball rolling.

David120:  Here is the best Quote, that I know of when it comes to central banks, "if you want to know where you are going in the future, all you have to do is look further back into the past," Winston Churchhill
....

 
 
The central bank gives the government banks until September to adapt itself to the electronic systems

Author: ASJ  Editor: BK, BS 08/01/2016 12:48   Long-Presse / Baghdad

Iraqi Central Bank revealed on Monday, all give him the government banks until next September, to adapt itself to electronic systems and transactions, while among the beneficiaries and users proportion of those dealings in Iraq,

"not to exceed" ten percent, favored the possibility of the contribution of orientations to expand their use and take advantage of 77 percent of the money supply in the possession of citizens outside the banks, get rid of the cash circulation problems.

The governor of the central bank and the agency, on the Keywords, in an interview (range Press), "The payment system is an important pillar of the banking and financial sector," noting that it "consists of two phases first is related to the large total transactions between banks and companies within a system to settle and make clearing operations and liquidation of the great 


 
How To Make The Most Of Working With A Financial Advisor
 
August 1 2016  Tim Maurer ,   CONTRIBUTOR
Personal finance is more personal than it is finance
 
As someone who has long made a living as a financial advisor, I have an inherent bias toward retaining one. I even have one myself, because I believe personal finance is more personal than it is finance.
 
However, paradoxically, I fear that the vast majority of those who retain the services of a financial advisor experience little to no benefit from the relationship. They may even see deterioration in their financial security as a 
 


Offshore Yuan Falls Most in Two Weeks

 The offshore yuan dropped the most in two weeks, breaking a four-day run of gains, as a Federal Reserve official flagged the possibility of a U.S. rate increase this year.
 
The Chinese currency traded in Hong Kong weakened 0.2 percent to 6.6447 a dollar as of 5:46 p.m. local time, after jumping 0.46 percent Friday. The onshore yuan was little changed at 6.6399. The People's Bank of China earlier  


 
WingIt:

Beams: Mon Aug 1, 2016 | 2:05 AM EDT BRIEF-Euronext says trading has been halted in all derivatives products      http://mobile.reuters.com/article/idUSFWN1AF1ES

Beams:  more at this link >> https://www.euronext.com/en/market-status/view/13892

MDS1965:  FROM THE LINK: "All earlier issues impacting the Derivatives Products have been resolved. Euronext is aware of connectivity issues for particular members. This is currently under investigation. Euronext apologises for any inconvenience caused."

Taxmom:  DEUTSCHE BANK IS DOWN ANOTHER 30 CENTS TO $13.14. WHEN WILL THEY JUST GIVE UP AND CRY UNCLE!!

MDS1965:  THEY ARE UFC FIGHTERS...THEY WAIT UNTIL THE ARM IS ACTUALLY BROKEN...NOT VERY SMART UFC FIGHTERS EITHER I MIGHT ADD...THE SMART ONES TAP OUT BEFORE THE ARM/LEG IS ACTUALLY BROKEN...
....

 
The below posts were in our 10am newsletter
WSOMN:

Blondie:  Awake-in-3D August 1, 2016 at 12:20am

As expected, and posted by me earlier this morning... "Nothing much, at our level, happens on a Sunday".

However, while today did not provide evidence on a magnitude of what has occurred over the past several days, there was today one specific event occurrence, on the financial side, that provided an extremely solid data point indicating that the final process is continuing to unfold to our ultimate benefit. I call it a "proof of life" event.

Is the USN installment step at the ready? Yes.

Are the funds and related release mechanisms in place in specificity? Yes.

Has the trigger for exchange notifications been pulled as of right now? No.

As always, we don't know the date or time. But all indications are that we continue to be inching towards that date and time in very short order - as of this moment. There is no information indicative of an unplanned interruption in the process at this time.

I remain highly encouraged and optimistic.   :)
....

 
 
KTFA:

ReddStarr:  GCC countries expected to lose $100B due to low oil prices!
 
Fiscal balances in MENA oil exporters swung from a surplus of $128 billion in 2013 to a deficit of $264 billion in 2016, according to the World Bank's latest MENA Quarterly Economic Brief, "Whither Oil Prices?" report.
 
The group of Gulf Cooperation Council (GCC) countries lost $157 billion in oil revenues last year and is expected to lose another $100 billion this year, the report said.
 
Saudi Arabia has depleted $178 billion in reserves, followed by Algeria ($28 billion), and Iraq ($27 billion) in 2015.
 
Oil revenues have been falling for the third year in a row with fiscal deficits and debts rising. At the same time, several countries - Libya, Iraq, Syria and Yemen- are dealing with the devastating impact of civil war and forced displacement, exacerbating pressure on already tight budgets, the report said.
....

 
 
 
 
Author: AB, HH Editor: AB, HH 07.30.2016 17:12        Long-Presse / Baghdad
Select the central bank governor on the Keywords, Saturday, 2017 as the date for the launch of the electronic currency through the mail or e-dinar cards, with the exception that it will facilitate dealings between the state institutions, the expectation of rising oil prices.
 
He said on the Keywords in an interview to the (long-Presse), "The next year, 2017, will see the launch of the electronic currency after the termination of the Central Bank of infrastructure structures necessary for the operation of electronic payment through the mail dinar or electronic tags, which facilitates transactions between state institutions," noting that " the end of this year or next year will work directly in the new Central Bank building. "
~~~

 
 
KTFA:

Mountainman:   Lets Cut Thru {ALL} the Articles HAZE and READ between the Lines...(See article below) ....First=THE CIPS is The GLOBAL TRANSACTION SYSTEM/ELECTRONIC HIGHWAY that will be Used by {ALL}......

"IT" Provides A Way to "CUT THRU" FOREIGN LANGUAGE BARRIERS and SLOWER ROUTES of COMMUNICATION from START to FINISH= From The ELECTRONIC HIGHWAY of GERMANY to IRAN=COUNTRY to COUNTRY={ALL COUNTRIES} etc.......
 
"IT" is By Way of This "ILLUSTRATION"......"IT" is the CASH REGISTER MERCHANT for {ALL} Your Favorite "ON LINE STORES"......Like When You Go SHOPPING and After You Acquire The (GOODS) You Came to Get.....Before You LEAVE the SITE......YOU MUST PAY for said (GOODS)......Right.....???........Ok......
....

 

Dinar Updates Sunday PM Chat 7-31-16   



BGG says to graci():I have said over and over - I don't put alot of confidence in the comments by Alak in this recent article

BGG says():Is no one paying attention??

magnetlady says():I'm right here reading every word. Can't speak as to others
 
BGG says():Alak's job has been in question for 6 months or a year... AND - they are talking more and more - especially over the last 2 weeks.
BGG says():(about removing him).
 
magnetlady says():I thought that was iluding to that I believe it was yesterday in one of the posts
 
larrykn says to BGG():when he started talking about 2017 I stopped listening, I don't think we will have to wait that long nor do I believe they will make it that