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New Year Volatility and the Shifting Sands of the Middle East
By JC Collins
With the New Year well underway we are beginning to witness the next phase of volatility which will accompany the rebalancing of the international monetary system. This recent batch of volatility can be associated with the normalization of monetary policy by the Federal Reserve.
Though most have come to the conclusion that there will in fact be this volatility, many do not consider that it has been accounted for, and a focused strategy has been developed to allow for its occurrence.
The international monetary and financial systems will wax and wane through the year as the Fed incrementally increases interest rates and China continues its transition to a consumer based economy. Each episode of decreases and increases will be met with equal portions of despair and euphoria. Commentaries and conclusions will be quickly drawn that the collapse is near, or that we are on the verge of a new bull market.
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Offshore Chinese yuan plunges to five-year low against dollar
Neelabh Chaturvedi and Nyshka Chandran
The Chinese yuan plunged to a five-year low in offshore trading and the gap between it and its mainland counterpart widened sharply on Wednesday, reflecting growing expectations of further weakness in the currency amid an economic slowdown and a slump in stock markets.
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KTFA:
Frank26: OMGOOOOOOOOOOOOOOOODNESS !
VINDICATION ............. Just like milk ......... GOTTA LOVE IT !! (See article below)
TA DA FREAKEN DA DA DA DA DA DA !!!
Now we can TRUST ......... To wait for this publication !!!!
Golly ......... Wish I had said this ............ :))
COME ON MAN !!!
Their other option is to raise their exchange rate huh?
ITS THE ONLY OPTION YOU BOZO'S !!!
KTFA Frank...... LOL ....... Who wants to TALK tonight LOL.
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WEALTHWATCH 1-5-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Tuesday PM Chat 1-5-16 Part 2 of 2
chattels: My sense is that the Kurds are approaching " self sufficiency " with their oil exports or at least revenues equal to or greater than funding from Baghdad.
OOTW: IF TRUE, GOOD FOR THEM
OOTW: BAGHDAD NEEDS TO BE ON THEIR KNEES TO THE KURDS NOW
OOTW: YES AGREED
chattels: The Ramadi illusion : The Iraqi military's long overdue capture of Ramadi is still uncertain and will hardly be enough to defeat the Islamic State. Read more at wealthwatch.world/showthr...
OOTW: THE KURDS HAVE OFTEN TIMES ALLOWED OR PROMOTED SUCH PRESS RELEASES WHEN THEY WANT TO NEGOTIATE
chattels: " Invariably, military bombast is smokescreen for lack of operational closure, and this Anbari episode is no exception. For at least three reasons, the push into Ramadi cannot yet be regarded as decisive. "
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WEALTHWATCH 1-5-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Tuesday PM Chat 1-5-16 Part 1 of 2
OOTW: HI DOUG SORRY JUST RESEARCHING
Doug_W: np
TxBrand: http://wealthwatch.world/blab/attachments/3b10bf684a1ad9f0309bb41ae3f77c7b.jpg
OOTW: HI EVERYONE, THERE ARE SOME VERY GOOD ANNOUNCEMENTS IN THIS WEEK'S GOVT THREAD - INFORMATION ON THE SITUATION WITH DAASH, THE FEDERATION COUNCIL (WHICH WE WANT TO SEE ENACTED) - ,
~~~
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The below posts were in our 10am newsletter
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Early Wednesday Morning:
TNT:
Porta1: Always heard the banking world reconcile their books worldwide at 02:00 EST Thursday mornings and any big changes in worldwide banking or monetary policies will be in conjunction with that time. Let's hope tonight is that night.
GJHonor: CBI did not update today. Australian Dollar AUD 853.759 853.332 CURRENCY CODE SELL BUY US dollar USD 1182.000 1180.000 Euro EUR 1288.144 1287.500 British pound GBP 1745.814 1744.941 Canadian dollar CAD 846.159 845.736 Swiss franc CHF 1183.657 1183.065 Swedish krona SEK 140.565 140.495 Norwegian krone NOK 133.522 133.455 Danish krone DKK 172.628 172.542 Japanese yen JPY 9.890 9.885 Special
Drawing Rights SDR 1640.131 1639.311 Indicative rates - 05.01.2016
Houston: GJHHonor...CBI and ISX are closed today
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HIGHLIGHTS FOLLOWING KTFA TUESDAY NIGHT BIBLE STUDY
05 JANUARY 2016 Notes by Frosty The Snowman:
*** 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!!! ***
PLAYBACK NUMBER: (641) 715-3639 PIN: 156996#
PLAYBACK LINK:
FRANK: The monetary reforms of Iraq are moving.
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Tuesday Night 1/05/2016 The Big Call - Recording Link and Replay #'s
RECORDING LINK
Playback number: (605) 562-3198
access code 123456#
93 Minutes
The Big Call
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TNT: Highlights From The big Call:
PinkRoses: Bruce call: Bruce: Welcome all. Year of many blessings. I am excited where we are and where we are going. Happy to have left the past behind. Starting 5th year of the Big Call.
Mangelo: Bruce: saying happy New Year to everyone! didn't think we still be here....but waitng for the blessing!
PinkRoses: Bruce call: Didnt think we get this far into the new year before our blessing, but we did. It was a surprise to me to make it to the New Year without the blessing we expect and desire. It is not as far as away as some think.
PinkRoses: Bruce call: Bruce Intel now
PinkRoses: Bruce call: Bruce: Intel: The reason we are just about ready to go is the info I am getting even an hour before the call indicating a tons of stuff is going on behind the scenes right now
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Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 1-5-16 Part 2 of 2
{Baghdad: Euphrates News} Integrity Criminal Court in Baghdad announced the resolution of 642 cases during 2015 between senior officials convicted in the state.
He said the judge Jumaa al-Saadi Prime Criminal Integrity court in Baghdad in a statement the agency {Euphrates News} received a copy of it today, "it was resolved 642 cases during 2015 and the remainder only 10 cases of the occurrence of appeals discriminatory by Among those convicted of senior officials in the state.
For his part, said Haidar Hisham Prosecutor integrity Court according to the statement, "We are continuing in coordination with the Integrity Commission and the unity of the fight against money laundering in the central bank to move the case against the accused of wasting public money and corruption cases."
~~~
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Post From BondLadys Corner
BLC Admin Tlm724 News & Comments 1--5-16 Part 1 of 2
Government is moving toward raising the value of the dollar to the 200 to cover the salaries of its employees
01/05/2016 10:18 Tomorrow Press / Baghdad: heading the Iraqi government, during the current year to raise the value of the dollar against the Iraqi dinar to the 200 thousand dinars for every 100 dollars, instead of 120 thousand dinars, including an attempt to cover employees' salaries.
A source in the Finance Committee of the House of Representatives, who declined to reveal his name, in an interview for "tomorrow Press", that "the central government received proposals by some parliamentary bodies and a number of ministers, requires raising the value of the dollar to the 200 thousand dinars per hundred dollars, in order to Dam and cover staff salaries, which have become the government unable to pay in light of the continuing decline of oil prices.
~~~
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The below posts were in our 10pm newsletter
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WEALTHWATCH 1-5-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Tuesday AM Chat 1-5-16
chattels: Currency Auctions Announcement No. (3109) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 5/1/2016 and the results were as follows: DETAILS NOTES Number of banks 26 Number of remittance companies 23 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 161,737,563 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 161,737,563 Total offers for selling (US$) -----
chattels: 3109 ........ 05-Jan ............ 1,224........... 1,182 .......... 161,737,563 chattels: 1,224
~~~
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KTFA:
Goldenboy: After listening to Frank last night and reading thru the articles today. I see a fascinating timeline approaching where many currencies and monetary reforms colliding next week!
Between the dong floating starting next Monday and the gold cards cranking up next week in order to pay fees, there seems to be a allignment of dominoes to be pushed over very soon.
A friend sent me a text who is a bank President and has been involved in this for 8 years like me. He said that he got word of an internal adjustment in Iraq of $2.28 and we should see something soon. IHO.
Now even though Frank said no rv this month does not mean no RI this month! Float to an RV in February or March. IMO, they have the Mosul, Fallugia, mess to clean off the plate which is a security trifecta (Ramadi)three key cities
The icing on the cake is the last adjustment by Shabbibi January 17th,2009. I believe! So if they are running a few weeks behind and pop the cork in mid January, i think we will all be content. Just my opinion family! God Bless!
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DISCLAIMER: We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter or Facebook account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website"). We do not endorse any opinions expressed on the Website. Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website. This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency. Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisers of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor." The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.
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