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Copyright 2015 - All Rights Reserved - DRT Distribution, LLC
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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.
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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
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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...
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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
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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
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(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.
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ECONOMICS, FREE POM
Free E-Book Now Available (Re-Engineering The Dollar)
November 22, 2015
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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.
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The below posts were in our 10am newsletter
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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
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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," .
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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.
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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
....
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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".
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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.
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