May 4th 10am
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Quick Link to Posts
New Blog Posts
Masking The SDR With A New Gold Standard
 
Masking the SDR with a New Gold Standard
Jcollins  April 23, 2017 Economics, FREEPOM
 
Is there a snake in the wood pile?
 
A recent article in Forbes has suggested that the Trump Presidency has three options regarding the international monetary system. One option is to continue with the dollar as the primary reserve currency. Most readers will be aware of the challenges from such a continuation. The growing imbalances within the existing system are creating the need for a structural change. So this is not a option worth considering.
 
The second option which Forbes suggests is to use the Special Drawing Right (SDR) of the International Monetary Fund (IMF) as the global reserve asset. This concept has been thoroughly reviewed and explained here on POM and does provide a viable path forward pending what solutions and protections are put forward to address concerns over loss of sovereignty.
 ...
 
KTFA:

12pack:  Will Iraq missing the 28th date (I'm thinking of me missing a loan payment date), affect their credit rating and will that, affect the growth of the dinar's value, post RV, in the 72-78 days?

Frank26:  No...................... IMO............ That is already set.

Upstart:   I have run out of stuff to study and see no big new clues to get excited about.....
Which ,means I'm excited

BACKDOC:  AGREED GENTLEMEN.  I LIKE THE FULL BLOWN IMPLEMENTATION OF THE DIGITAL PAYMENT SYSTEMS FROM THE GOVT.'S OF IRAQ AND IRAN AS WELL AS THE BANKS! WOO HOO    DOC   IMO

CBGolden:  Bacdoc, does Vietnam have full-blown implementation of the digital payment system?

BACKDOC:  THEY DID SOME TIME AGO!  YES!   DOC   IMO
 ....
*Better Late Than Never* by Dr. Dinar

As time ticks by, one thing becomes more and more apparent. What I thought would happen pertaining to the RV/GCR seems to be quite a bit different than what appears to be rolling out before our eyes.

Roll this around for a bit and see if it doesn't make a bit of sense.

We've heard for years there will be tears ... ooops, I mean Tiers. Not only in the process of getting to the end of the RV/GCR but also in the exchange process.

Meaning that the Big Wig Crooksters will obviously go first. They appear to be a Tier above Tier 1. Or at least they think so anyway.

Then it will be what I always considered to be Tier 1, the so called VIP's, Countries, Governments, etc. that will get to exchange. Which for the most part we began to hear about quite a while ago.
....
 
Post From Dinar Updates
Chat Room News Excerpts & Highlights
Dinar Updates Wednesday Late PM Chat   5-3-17   
 
larrykn says():BGG if your around can you tell us what this means
 
subgirl says():hey holly got kicked and she said she would be in later tonight!! but wow the news she brot in is awesome and outstanding!!! :)
 
larrykn says():Central Trade calls to s**** companies to mediate to sell and buy the dollar and not to promote transactions
 
economy  Since 03.05.2017 at 11:41 (Baghdad time)   Baghdad balances News   Called on the central bank, Wednesday, the Ministry of Commerce to cancel 10 companies to mediate in buying and selling the dollar.
 ...
 
KTFA:

Chris05:  Hello Frank,  "GIVE ME MOSUL, THEN YOU MAY SEE THE FULLY RIPENED FRUITS, OF THE MONETARY REFORM"  demands our Prof.

Maybe one day, I will fully understand what you mean.

Mosul is not just a word.

Mosul is not just a city.

Mosul is not just a big city.

Mosul is not just a big city with a Grand Old Mosque

Mosul is not just a big city with a Grand Old Mosque, with a deep history and culture
....