Reader Comments On When Will  China End The Dollar Peg Part 3

Futuret   MARCH 26, 2015 AT 8:44 PM  MORE INSPECTION ON THE GLOBAL ECONOMY:

http://financearmageddon.blogspot.com/2015/03/gold-bugs-dont-get-ahead-of-yourselves.html

daneackerman   MARCH 26, 2015 AT 8:52 PM   Hello dee. Here is a cool Web page that may give some information on trades and such. It’s pretty fun to tinker with also:)

https://globalconnections.hsbc.com/us/en/tools-data/trade-forecast-tool/china#

deejj87   MARCH 27, 2015 AT 2:09 AM  What a neat tool, thanks Dane!  When I fly, HSBS had posters in the airport terminals about what the future will be like in short blurbs. Some about data, some about economy. More programming to prepare our minds for a huge shift (although some of it is creepy). This is in Canada.
~~~

Daneackerman   MARCH 26, 2015 AT 6:55 PM  Sorry guys and gals this article is off topic of this post but in line with some thinking we have covered in the past with CSI’s Cultural and Socioeconomic Interception.

Dripfood I thought of you when reading this article for the brain activity and such:)

http://www.theatlantic.com/entertainment/archive/2015/03/the-neurological-pleasures-of-modern-shopping/388577/

dripfood   MARCH 27, 2015 AT 10:59 AM Thanks Dane, interesting article, althought like their test subjects, the researches failed to grasp how the brain creates the illusion of happiness through acquiring stuff.

The truth is that not-wanting induces hapiness. Buying something causes the wanting to cease temporarily. This is what creates the feeling of satisfaction: not wanting anything!

But the brain makes the wrong conclusion and interprets the act of acquisition/consumption as the source of happiness; a gross misinterpretation and the cause of all addictions:

The act of wanting creates the feeling of lacking that which you want.

The relaxation of wanting creates peacefulness. So I’d suggest we all take the short route to happiness and relax the contraction of wanting and imagining what we lack.

Too bad the misinterpretations within the brain don’t show up on fMRI :-)

Daneackerman   MARCH 27, 2015 AT 11:53 AM  Thanks dripfood. Yes I can vouch for what you say. But can add that not wanting also opened the door for me to also shed desire which also included the desire for other positive aspects of building my human character. Such as building and maintaining my virtues. So I had to back up and realize the difference even there. Lol.  Life is so grand.

Laetitiavocatur   MARCH 26, 2015 AT 10:10 PM Hey JC,  Just a quick thank you for the information provided. I think what sets your analysis apart from others is that your blog is forward thinking and exploratory whereas almost everything else i read is just a reactionist statement of current affairs expressed through whichever prejudice the reporter happens to harbour,  All the best,  Luke

MetaTrader (@MetaTrades)   MARCH 27, 2015 AT 7:59 AM JC,  I love all your work and how informed you are, but I’ve been meaning to ask you something. I would love to get your full opinion on Bitcoin and other cryptocurrencies (ripple, ethereum, etc) in general if you have researched it adequately.

It’s quite a rabbit hole subject and most economists don’t realize that the underlying technology behind bitcoin is a genuine computer science breakthrough and not some funny money ponzi scheme. If you familiar with the topic it might even be worth it own’s blog post.

As for my thoughts on it eprosnally, while I don’t know if bitcoin the currency will be around in 10 years, I do believe that the technology (blockchain technology, which is the decentralized ledger) will be.

There’s probably a decent chance you haven’t researched in depth yet and might think negatively about it because of all the headlines last year about the price decline. I’d encourage you and anyone else to check out these 3 links as good starting points:

http://www.coindesk.com/goldman-sachs-report-says-bitcoin-could-shape-future-of-finance/

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin2.pdf

https://ripple.com/blog/the-feds-strategy-for-improving-the-u-s-payment-system/
 Michael Glenn   MARCH 27, 2015 AT 2:56 PM  Block chain features meet gold weighted backing.

http://silentvault.com/

FROSTY SNOWMAN (@FROSTYSNOWMAN13)   MARCH 27, 2015 AT 4:31 PM  JC, I have only recently found your blog and I would like to thank you for sharing your insights in the public domain. 

It is very refreshing to read critical thinking that covers the wider spectrum of what’s taking place in our world as opposed to all the Zombie Apocalypse collapse nonsense.

I must also say that I agree wholeheartedly with a number of your posts that suggest that things are not as complex as they appear. Personally, I see patterns in my daily corporate life that give substance to your theories. My favourite is multi-lateral cooperation. 

Many corporate employees simply cannot see the wood for the trees with this one. Exec’s talk .Leaders within pension funds who own corporations make decisions and cut deals. It’s no different geopolitically. The sooner this can be appreciate, the better prepared you can be for what is coming.

P.S. the event calendar in front of us for moving to SDR has lighted a few bulbs in my mind regarding something I’ve struggled to rationalise for a while. 

Back in 2013, sizable futures contracts were put on to buy gold at $3000 per ounce by December 2015. When these contracts were bought, there was no news whatsoever to support such a position. I doubt very much this was a punt! Do you have any thoughts on this? I have included a link below.

http://www.bloomberg.com/news/articles/2013-11-21/gold-option-wagers-on-surge-to-3-000-was-most-active-yesterday

Roger Parness   MARCH 27, 2015 AT 10:42 PM  Gold bugs are too depressed to have thoughts on such prognostications. How much is spot for Prozac?   Brother can you spare an SDR?

Frosty Snowman (@FrostySnowman13)   MARCH 28, 2015 AT 11:04 AM  Ah yes, the poor Gold bug. No doubt sweating razor blades at the thought of the price reaching $3000…

All I’m saying is that I couldn’t connect any dots at the time to explain why someone would by more than 7000 futures contracts against the price trend and pick that particular expiry date. 

Perhaps JC’s analysis and logic has given us the answer. Perhaps in a world where the RMB is partially backed by Gold prior to it being given a significant share of the SDR basket, someone, somewhere believed a $900million position in the market was a good idea. I guess we’ll see 9 months from now.

http://philosophyofmetrics.com/2015/03/25/when-will-china-end-the-dollar-peg/#comments

http://www.dinarrecaps.com/our-blog/comments-on-when-will-china-end-the-dollar-peg-part-2

http://www.dinarrecaps.com/our-blog/comments-on-when-will-china-end-the-dollar-peg-part-1

Stage3Alpha:

KayKay  March 28, 2015 I found some interesting tidbits to share:

UN and Vatican are in meeting in Iraq today.

Economic conference today in Iraq to introduce the new international coding system.

Parliament is in session today and discussing the accountability and justice law (plus others)

If Iraq don’t r/v by April 1, they cannot go retroactive to January 1.

They must complete regulations for foreign exchange by April 1.

USA budget quietly passed and trimmed 5.1 trillion in spending. (YAY for us).

I am now wondering “where” the US will get the monies needed to fund this newly passed budget. (Also the 4/15 deadline for IRS taxes is coming soon.)
….

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Don A,  March 28, 2015

The New Order Emerges  Friday March 27, 2015 16:58

Jay Taylor :  I wrote the following in my July 2014 monthly issue:

“All the News That’s Fit to Print” is still a slogan published at the top of each daily issue of The New York Times. Yet as I opened my copy of that paper on July 16, not a word was printed to discuss the July 15, 2014, announcement in Brazil by the BRIC nations that they are establishing a $100 billion reserve to bypass the Fed and to develop their own network of central banks.

In other words, as the U.S. military and NATO knock on the door of Russia in the Ukraine, and as the U.S. commands China not to develop its own navy to protect its own sea lanes and chooses to impose sanctions to get its way to dominate those countries, the BRIC countries are screaming “ENOUGH!”

In an attempt to protect themselves from the NATO and the military industrial complex that is seeking to become lord over all the earth (including its own citizens), and to protect themselves from the system of theft that the dollar provides the ruling elite, who run NATO and the Anglo American empire, which imposes its rule by military force, the BRICS believe they have no choice but to set up their own banking, payment, and trading systems to survive the squeeze that the Anglo American empire is imposing on them.

Not only the BRIC countries but also some of our strongest Allies are turning cold against the kind of aggressive action carried out by the U.S. When the U.S. forces sanctions against Europe not to trade with Russia that are very costly to European economies and the NSA spies on them and retains personal data, Europeans are beginning to wonder why they should remain slaves of NATO so many years after the Anglo-American empire conquered Europe.

What does Europe gain from doing its part to aid the Anglo-American empire? And to be sure, not only are top leaders and large corporations turning against U.S. policies that hurt them, but there also is a huge and growing anti-Fed movement from the masses.

If you do not believe it, check out this link http://ow.ly/zeQGz, which provides a video discussion of a growing end the Fed movement that is sweeping through 128 cities in five countries (Germany, Switzerland, Austria, Australia, and New Zealand). And I believe the person in the video said a protest is planned in Vancouver in the near term.

Fast forward to March 2015 and the handwriting is on the wall.

We are on the verge of a major change in the global currency regime and it is bound to have a monumental impact on markets, not the least of which I’m guessing will be gold and silver. Indeed today was the first day in over 100 years that the London Fix for gold and silver has ceased to exist.

But it’s bigger than the London gold and silver fix that has been used by sinister banking forces to rip off the masses by defying price discovery in those real money metals as David Jensen has so thoroughly documented here: http://jaytaylormedia.com/scam/.

But ultimately, nations must look after their own interests and so the great monetary deception enacted by Nixon when he removed gold from money, the U.S. has been increasingly sucking the life blood out of nations around the world, not to mention its own citizens.

Since 1971, the U.S. has used its dollar which is created out of thin air confiscate wealth, first from third world nations then more recently from emerging nations and finally from its own citizens through even more money printing to bail out the fascists interests that own our government.

Moreover, the money created out of thin air has been used to wage wars and change governments to suit the ruling elite that own the Federal Reserve and in fact now control our government almost completely.

 Money created out of nothing has been used to fund the great U.S. – NATO killing machine. Ron Paul and the CIA was right. The reason “they” came over here on 9-11 is because we are over there!

The propaganda machinery in the U.S. may have deceived most Americans, but it has not so thoroughly deceived foreigners. The latest example of that has been in the Ukraine. Not only have private NGOs pumped resources into the Ukraine to topple the elected government of the Ukraine, but then a massive propaganda campaign is undertaken to mislead Americans into thinking it is Putin who is the aggressor, while in fact it is the U.S. and NATO.

 Now, Europe is getting teed off over the U.S. and NATO trying to force it to sacrifice its own economic well-being while it is struggling with an ongoing recession. The European countries that have their own intelligence services, for example, are well aware of the lies and propaganda of the American Military Industrial Complex and neocons, and they are sick and tired of being abused by America’s ruling elite.

The meeting of German and French leaders with Putin a few weeks back with the U.S. being excluded is further evidence that the Europeans wanted to hear the other side of the story. You have to believe that much of the lies and propaganda from the U.S. was exposed by Putin when he met with Merkel and Holland.

And of course Edward Snowden’s revelations legitimately stirred up anti-American feelings in Europe. And now, over the past number of months, many of America’s closest allies have been abandoning trade in the U.S. dollar when dealing with China because China wants to exit U.S. dollars, and Russia is being forced to do so by U.S. sanctions against it.

All of these aggressive moves funded by an illegitimate currency enforced by the NATO war machinery is now coming back to bite the U.S. And rightly so even though I know the future will be less pleasant for average American citizens!

And now this past week, a major storm erupted between the U.S .and our closest ally, the U.K., when England agreed to join the Asian Infrastructure Investment Bank (AIIB), which is being devised as a competitor to the old Bretton Woods institutions like the World Bank and the Asian Development Bank. This is a really big deal! But then a couple of days later, France, Germany, and Italy indicated they were planning to join as well.

Jay Taylor
www.jaytaylormedia.com
www.miningstocks.com


*********

Don March 28, 2015

AIIB - http://en.wikipedia.org/wiki/Asian_Infrastructure_Investment_Bank

Look which Non-Regional members joined since March 17, 2015:

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TNT:

TBirdd:  Hello everybody! **can anyone tell me nutshell version of AIIB –& why 3 of BRICS joined – & is it good for us? thank you if possible

DON :Plan B is in effect, meaning the nations of the world are jumping the FRN ship and going with China and their AIIB, this includes the founding members of the BRICS nations, London Gold Fix is no longer, taken over by Shanghai – these are all GOOD things in our favor, globally

DON :this is the world doing Plan B, which is not to be confused with “plan b” to exchange if USA would not – No, this is major countries joining China’s Investment Bank since the USA Congress refused to negotiate 2010 IMF reforms, USA Corp in one corner by itself and rest of the world’s nations on the other end going the opposite way

Don
:Jack Lew was in articles few days back PLEADING with Congress to re-look at the 2010 reforms..no, Congress refuses so world has made it’s choices it means a HUGE shift in global finances

Don : Not doom, a re-shifting of global currencies as what we are watching is EXACTLY that, a Global Currency Reset underway

Don : Dinarland has front row seat to seeing all these changes as most of the world has no insider clue as to why

************

Earthfirst: 
3/25, Wow, Neil Keenan’s update from March 10 confirms coming RV

Neil Keenan has been working to restore the global collateral accounts

 http://neilkeenan.com/sample-page/

In his latest video update from March 10 for the first time he is talking about the dinar and saying it will revalue in about 2 weeks. It is a vimeo video so may have to just list the link.

 https://vimeo.com/122080412

Starts at around the 3 minute mark

KTFA:

moneytalks1 :H Frank,Good Saturday to you. From all the CCs I have attended in the last 2-3 weeks and with all the good news regarding the Rv ie. CBI given the Green Light to lift the Zeros,etc.,

IYO, what do you think is the main reason(s) for CBI not releasing the new rate?

Can they go retroactive to jan.1, 2015 if they don not Rv/RI by march 31,2015. ..because then it goes into the new quarter?   Thanx for your opinion.

***********

Frank26:
   Three things:  Security in GOI.  Security in CBI.  Security in CITIZENS.

i would be disappointed if they did it with no reguard to ………. Security.

i’m in no hurry for them to fail.

Now PLEASE do not ask WHEN will this Security be done……. Do not know yet what we do is silent during the war condition.

KTFA  Frank

*******************************

I4U:


[xyz] Fed is ‘screwed,’ http://www.cnbc.com/id/102541410

[xyz] Major Central Banks Agree on Guidelines for Forex Market “FX market participants should not share information with each other about their trading positions or individual trades with clients or other FX market participants beyond that necessary for the execution of a transaction,” according to the document, which was reviewed by The Wall Street Journal.   http://www.wsj.com/articles/major-central-banks-agree-on-guidelines-for-forex-market-1427317302

OOM&F:

[.~Bulldog75] I WILL POST ; THEN WE DO A SHORT Q AND A.

[.~Bulldog75] LOTS OF INFO

[.~Bulldog75] 3:20PM CST. GREETINGS EVERYONE. SO MUCH TO DO AND DISCUSS.

[.~Bulldog75] EVERYONE FAMILIAR WITH AIIB ? RIGHT?

[..Sambo] .~Bulldog75 TELL THOSE WHO DONT KNOW

[.~Bulldog75] THIS IS THE CHINA / BRICS LED ASIAN INFRASTRUCTURE INVESTMENT BANK

[.~Bulldog75] BASICALLY AN EASTERN ATTEMPT TO GATHER STRENGTH AND POWER TO UNDERMINE AND DRAIN POWER FROM THE IMF AND WORLD BANK.
….
[.~Bulldog75] ITS A EASTERN MOVEMENT TO GAIN REGIONAL AND GLOBAL DOMINANCE ; THE EAST IS EXTREMELY UNHAPPY WITH THE FALSE PRETENSES OF THE IMF AND WORLD BANK. BASICALLY THE FRAUD AND MISREPRESENTATION CLAIMED BY THE EAST WILL NO LONGER BE TOLERATED BY CHINA/BRICS.

[.~Bulldog75] QUESTION; DOES ONE WONDER WHY WE NEVER SEE ANY EVIDENCE OF THIS ON RADIO, TV IN THE USA. ?

[.SEDNET1] Answer: State Owned, Lame Stream Media.

[.~Bulldog75] BINGO

[camaro] Bulldog75 A conundrum….

[.~Bulldog75] NOT THAT WE EVER GET THE WHOLE ENCHILADA TRUTH; BUT WE STRIVE TO FILTER AND FIND THE BEST MEANS AND WAYS TO CAPTURE AS MUCH TRUTH AS POSSIBLE.

[.~Bulldog75] THERE ARE SO MANY MEANS TO CAPTURE MORE OF THE TRUTH THRU SOME OF THE INTERNET. WE ALL MUST FILTER AND APPLY TO THE BEST OF OUR KNOWLEDGE.

[.~Bulldog75] FACTS THAT WE HAVE GATHERED WHICH AFFECT OUR GRC.

http://www.okieandfriends.com/t11286-bulldog75planet-paradigm-shift-dr-jim-willie-forecast-10000-gold#17508

http://www.dinarrecaps.com/our-blog/bulldog75-posted-at-oomf-planet-paradigm-shift-dr-jim-willie-forecast-10000-gold

[.~Bulldog75] ITS A LONG ONE. BUT “A GOOD READ ON THE CURRENT USA AND WORLD SITUATION”

 [.~Bulldog75] MAY I SUGGEST WE READ IT AT LEAST A TIME OR TWO. FOR IT TO TOTALLY SINK IN AND SETTLE. ITS A LOT OF INFO TO PROCESS AND APPLY TO ONE’S CURRENT ECONOMIC SITUATION.

[.~Bulldog75] I WILL COME BACK TO THIS POST SHORTLY. MEANTIME ; THIS FORTHCOMING INFO ABOUT TO POST IS JUST AS HOT. TONS OF INFO IS DEVELOPING AT THE MOMENT.

[.~Bulldog75] FOR THOSE WHO HAVE FOLLOWED OKIE, OOM AND THE IQN MOVEMENT, ITS BEEN A LONG HAUL; AS WE MANY TIMES JUST KNEW WE SAW THE LIGHT OF THE TRAIN AT THE TUNNEL.

[.~Bulldog75] OVER 10 YEARS HAS BEEN A HAUL :)

[.~Bulldog75] HEADS UP HERE: “REUTERS Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China’s regional and global influence.”

[.~Bulldog75] INTERNATIONAL NEWS WIRES ARE BEGINNING TO CARRY INFO ABOUT: AIIB, BRICS, CHINA THAT THEY HAVE PASSED ON FOR MANY YEARS. THE INFO IS TOO BIG TO PASS ON.

[.~Bulldog75] BRICS IS ABOUT TO ANNOUNCE THE NEW GOLD NATIONAL BANK. GOLD PRICES WILL COME OUT OF SHANGHAI SHORTLY.

[.~Bulldog75] THE NEW GOLD STANDARD WILL ARRIVE FROM THE TRADE RAMPS, NOT THE FOREX WINDOWS AS ORGINALLY BELIEVED. LADIES AND GENTLEMEN, THE GCR GLOBAL CURRENCY RESET IS NOT JUST ABOUT THE IQN OR DONG. ITS ABOUT THE RESET OF GOLD & SILVER PRICES.

[.~Bulldog75] GOLD AND SILVER PRICES HAVE BEEN SURPRESSED BY LONDON AND COMEX FOR DECADES. RIGGED.

[.~Bulldog75] RIGGED. THATS THE CLAIM OF CHINA/BRICS. THEY ARE TIRED OF IT.

[.~Bulldog75] BRICS : AND WHEN WE MENTION BRICS , THATS NO LONGER JUST THE FEW ABBREVIATED LETTER COUNTRIES OF BRICS.

[.~Bulldog75] THAT NOW INCLUDES OVER 100 COUNTRIES THAT ARE A PART OF THIS INTERNATIONAL MOVEMENT TO RE-ESTABLISH LEGITIMATE PRICING OF GOLD AND SILVER.

[.~Bulldog75] GOLD AND SILVER IS A CURRENCY !!!

[.~Bulldog75] ARE WE SEEING THE PICTURE HERE?

[.~Bulldog75] I/WE HAD ESTIMATED GOLD SHOULD BE AROUND $5,000 PER OUNCE. DR. JIM WILLIE HAS NOW REVISED HIS PREDICTION TO $10,000 PER OUNCE ONCE SHANGHAI TAKES OVER WORLD PRICING SHORTLY. THAT COULD HAPPEN AS EARLY AS NEXT WEEK /MONTH. :))) !!!

[.~Bulldog75] WILL COMEX AND LONDON SET FUTURE PRICING. WE SHALL WAIT AND SEE.

[.~Bulldog75] FURTHERMORE:

[.~Bulldog75] THERE ARE SOME VERY SERIOUS DEADLINES WE ARE LOOKING AT WITHIN THE NEXT FEW DAYS:

[.~Bulldog75] A. THE NEW GOLD FIX SHOULD ACTIVATE IN HONG KONG NEXT WEEK!

[.~Bulldog75] B. NEW GLOBAL BANK RULES & LAWS FOR TRANSPARENCY ARE TO OCCUR

[.~Bulldog75] C. AIIB MEMBERSHIP DEADLINE IS MARCH 31 FOR ITS FOUNDING MEMBERS)

[.~Bulldog75] ITS MY BELIEF, AND IMHO, IN MY HUMBLE OPINION, ONE OF THE MAJOR REASONS WE HAVE NOT SEEN THE REVALUE/EXCHANGE OF NEW CURRENCY RATES IS, THIS IS ABOUT THE GCR OF THE PLANET WHICH INVOLVES THE NEW GOLD AND SILVER PRICES.

[.~Bulldog75] CHINA/BRICS/AND FOLLOWING NATIONS WANT THE CORRECT GOLD AND SILVER PRICES ON THE MARKET FRONT; NOT SUPRESSED AND ARTICIFIAL THRU COMEX AND LONDON. FAT CAT BAD BOYS HAVE CONTROLLED THIS MARKET FOR TOO LONG.

[.~Bulldog75] THIS LEADS TO , YES, I KNOW, DOZENS OF QUESTIONS IN MANY OF OUR MINDS. HOW IS ALL OF THIS GOING TO UNFOLD. ???? I AM ONLY THE MESSENGER, NOT THE PROPHET.

[.~Bulldog75] IMHO, WE SIMPLY HAVE TO TAKE THIS ONE DAY AT A TIME. WE PROBABLY WILL SEE THE GCR WITH THE IQN/DONG ALL AT ONE TIME. THE ODDS ARE GOOD FOR NEXT WEEK WITH DATA AND FACTS WE DISCUSSED ABOVE.

[.~Bulldog75] READ OUR POST ON THE SCROLL ABOUT THE WORLD ECONOMY, BRICS, THE EAST, NEW BANKS. LET US REMEMBER: CHINA, RUSSIA, AUSTRALIA (THEY ARE THE 1,2,3 PUNCH OF HOARDING GOLD/SILVER). THEY ARE CORNERING THE MARKETS AND THEN THE PRICE MAY GO TO $5,000-$10,000. ONLY TIME WILL TELL.

[.~Bulldog75] IT TAKES APPROX $24 PER OUNCE JUST TO GET SILVER OUT OF THE GROUND. IT COULD GO TO $250-$400 PER OUNCE. IT HAS BEEN SO SUPPRESSED IN THE MARKETPLACE. U FILTER, U DECIDE WHERE THIS MAY LEAD. I SHARE THIS WITH YOU SIMPLY TO BE READY AND PREPARED AS MUCH AS POSSIBLE.

[.~Bulldog75] EVERYONE SHOULD DO DUE NELIGENCE TO PROTECT THIER PERSONAL SITUATION.

[.~Bulldog75] QUESTIONS NOW PLEASE: ONE AT A TIME.

[g-man] Bulldog75 IYO will there be enough time after rv to buy gold at the current price before it starts to rise. A lot of us cannot buy right now. Thanks

[.~Bulldog75] g-man ; GOLD AND SILVER ARE A CURRENCY. IT WILL GO UP WITH THE EXCHANGE OF CURRENCY.

 [.~Bulldog75] YES, THOUGHTS AND QUESTIONS IN YOUR MIND . I DO UNDERSTAND.

[.~Bulldog75] ITS BREATH TAKING.

[.~Bulldog75] THERE WILL NEVER BE ANOTHER ECONOMIC OCCURENCE LIKE THIS IN OUR LIFETIME OR MAYBE HUNDREDS OF YEARS, MAYBE.

[bandit] .~Bulldog75 Does this timing at 1st qtr end play a role

[.~Bulldog75] bandit ; AHHHHHHHH . YES.

[.~Bulldog75] bandit ; IF EVERYTHING FALLS INTO PLACE AS PLANNED YES.

[kids1964] Does that mean hours days or months

[.~Bulldog75] kids1964 ; UNKNOWN.

[.~Bulldog75] THE GREATEST OF UNDERSTANDING TODAY IS SIMPLY KNOWING THE BIGGEST PART OF THE PICTURE IS THE RESET OF GOLD AND SILVER PRICES AT SHANGHAI MARKET. THE EAST HAS THE GOLD, THUS THEY WANT ACCURATE PRICES. THE WEST IS OUT OF GOLD; FOR THERE IT HAS BEEN SOLD OR CONFISCATED.

[olesailor] 1. do you think this will be gradual increase or sudden shock?

[.~Bulldog75] THE CURRENCIES TO BE EXCHANGED WILL ADJUST TO COUNTRIES ASSESTS.

[.~Bulldog75] IE: IRAQ IS RICH IN CONTENT, MINERALS, GOLD, SILVER, DIAMONDS, OIL.

[.~Bulldog75] I THANK YOU ALL FOR BEING HERE. FOR THERE IS A REASON IN EVERYTHING.

[.~Bulldog75] PLEASE READ THE SCROLL. KNOWING WHAT IS ABOUT TO OCCUR IS VALUABLE. EDUCATION IS KNOWLEDGE. KNOWLEDGE IS POWER.

[bandit] .~Bulldog75 Meaning with the amount of gold that Iraq holds, their currency can easily revalue with ease??????

[.~Bulldog75] bandit ; YES

[olesailor] I can see that with the currences, but a sudden increase in commodities would make for a very interesting and potentially unstable situation at least for the short term

[.~Bulldog75] EVERYTHING EVENTUALLY GETS DOWN TO TWO THINGS. 1.) POWER 2.) MONEY/GOLD/SILVER/EXCHANGE VALUE.

[.~Bulldog75] olesailor ; THE MARKETS MAY WOBBLE 20-40 PER CENT. ITS SIMPLY UNKNOWN HOW THE AFFECTS WILL TAKE PLACE AND TO WHAT DEGREE.

[obe] .~Bulldog75 Thank you for bringing us much needed info! We appreciate you…always! Many blessings!!

[.~Bulldog75] REMEMBER; THE US STANDS A CHANCE, REGRETABLY OF LOSING ITS STATUS OF CURRENCY RESERVE OF THE WORLD. WE ARE PROB LOOKING THE YUAN AND ONE OR TWO OTHER CURRENCY AS TAKING OVER THAT SPOT. THE SIGNIFICANCE OF THAT SITUATION IS DUE TO CONGRESS AND THE ADMINISTRATION.

[.~Bulldog75] THE TOPICS WE DISCUSSED TODAY ARE OF PARAMOUNT IMPORTANCE FOR US TO UNDERSTAND MORE OF THE REASONS WHY, THINGS HAVE PROGRESSED TO THIS POINT.

CHINA CONTINUES TO CASH OUT US BONDS AND TREASURIES. CHINA TAKES THE MONEY AND BUYS MORE GOLD/SILVER. AUSTRALIA IS CHINA’S #1 IMPORTER OF THE METALS. CHINA HOARDS ALL METALS, PRECIOUS, RARE.

[.~Bulldog75] SO DOES RUSSIA.

[.~Bulldog75] BRICS WITH ITS NEW BANKS, SHANGHAI, AND METALS WILL CONTROL MUCH OF THE MARKETS. THE PARADIGM SHIFT IS NOW OCCURING. WE ARE WITNESSING HISTORY IN THE MAKING THIS VERY MOMENT.

[.~Bulldog75] OIL/GAS/SHALE MARKETS IN THE USA ARE BEING SQUELCHED BY THE FOREIGNERS.

[.~Bulldog75] WE BLESS EVERY MAN, WOMAN, CHILD ON THE PLANET. OUR MANNA OF DINAR/DONG EXCHANGE ALONG WITH THE GCR IS SO NEAR. WE THANKS THE GOOD LORD IN ADVANCE OF ALL OUR BLESSINGS. WE ARE MEANT TO BE HERE AT THIS PLACE IN TIME. AMEN.

[.~Bulldog75] GONE.

[.~Bulldog75] PS: ANOTHER HOT UPDATE.

THERE IS TEXAS LEGISLATURE ON THE DOCKET MAKING GOLD AND SILVER A CURRENCY. AND IT MAY BE KEPT IN A DEPOSITORY FOR MONEY/EXCHANGE; AND THE DEPOSITORY IS NOT A BANK.

http://www.dinarrecaps.com/our-blog/bulldog75-texas-gold-silver-legislation

BULLDOG75: TEXAS GOLD & SILVER LEGISLATION
March 27, 2015

Hold onto your hats partner.  Yep, its gold and silver time in Texas. The state legislature is considering gold/silver as a means of exchange with no tax and it would be a sanctioned recognized means of currency. Utah did it a few years ago.  

The deposits would go into a depository; not a bank! Wahooooooooo.    Its 100% yours and no fees.  Ride em Cowboy! See details:

The state of Texas
 is now considering a piece of legislation regarding gold & silver which would be nothing short of revolutionary if passed…
~~~

Picture
Submitted by The Wealth Watchman

Restoring Sovereignty, One State at a Time

As we recently observed, the “brilliant” elites in DC are currently in full retreat across a broad spectrum of international issues.  From being routed on the issue of a Russia/China-led bank in Asia, to having their IMF storm-troopers thrashed in eastern Europe, it’s wonderful to see them with their tail between their legs on such a regular basis!

 Make no mistake, others have taken note of these defeats here in the States, and it has given them hope.  In fact, many of those folks are now thinking the time is perfect to finally push some some meaningful reforms in their own communities.  That’s exactly what we’re gonna be looking at today!

As I promised back on Friday, I wanted to let our shield brother community know of some encouraging news in the effort to restore honest money here in our lands.  

Recently, there has been some very promising news on that front, as one state in particular here in the US, is now considering a piece of legislation which would be nothing short of revolutionary if passed.

How We got Here

First though, a short bit of background.  In 2011, Utah became the first State to take a step towards constitutional money again, when Governor Gary Herbert signed legislation removing all state sales taxes on gold and silver purchases, and declared bullion to be legal tender.

 Many other states soon followed suit, including: Louisiana, Oklahoma, and Texas, to name a few.  Other states can be checked at statelegaltender.com.

Overall these laws have been positive developments, as they’ve allowed stackers to acquire more bullion without cumbersome taxes, and they’ve raised the awareness level of the importance of precious metals as legal tender quite a bit.  They also helped change some of the state tax codes to finally recognize gold and silver as actual currencies, rather than just assets.

That’s a huge step forward!  

“Ok, wait a second, Watchman!  That’s nice and all, but those bills didn’t even provide a way for people to use their metals to pay others.  Those bills called gold and silver ‘currency’, but didn’t provide a way to use them for currency!”

Ahhhhh, right you are, my friend, and I was just getting to that, because someone is now taking it the extra step, and attempting to do something monumental.  I think you’re gonna dig this!

 For you see, the State of big heroes, big skies, big-horned cattle, and, hmm, really, big everything….now has a truly big idea!

 Yes, Texas is now considering a bill which would go far, far beyond what those previous bills did.

Let me explain it, to the best of my understanding.

One Giant Leap for Texans

Their legislature now has two bills in committee, dealing with precious metals.  The first is SB1245: it’s only a few paragraphs long, and basically reaffirms silver and gold as legal tender, and as currency.  

It doesn’t really tread any new ground,however, it’s being brought forward right now to complement another law in consideration, one which does blaze a trail through a great deal of fresh territory.

That bill is called SB989, and it is rather long, but once you see what it does, you’ll understand why.

This new bill actually lays the groundwork to establish the US’s first state-run gold and silver depository!  This idea was first looked at several years ago when Texas A&M bought physical gold , and needed somewhere safer to store it than with HSBC crooks in New York City!  Sadly though, it was put on the back burner for a time, but is now back with a vengeance.

Ladies and gentlemen, this is huge deal.  In the past, though many states had removed sales taxes from precious metals none of them had provided an official outlet for conveniently using those metals to transact and do business with others.

If this bill passes, there will soon be just such an outlet.

How Does it Work?

To start things off, this depository would be a depository network, run by Texas, and would allow several things:

1) Firstly it would allow any person to establish their own account at the depository, to safely store their precious metals there!

Here’s the really neat part though:

2) Secondly, and even more importantly it would enable anyone holding an account there, to transact and do business with others who also held an account there, all electronically!

Say you owned your own business, and you’ve stashed away some savings in silver eagles at the depository for safe keeping.  Good for you!  

Then one day, when you contacted your supplier, you discovered that they too have an account with the depository!  Now you can both use your electronic balance of metals stored there, in order to transact with each other, without those metals ever having to leave the depository!

“I don’t know Watchman, that gives me the heebies! I mean, I don’t want any banking institution holding my metal!”  

Brother, I get that!  This won’t be a banking institution, and this isn’t a bank account.  It is classified as a “custodial account”, and the state depository simply holds it for you, and enables it to change hands, easily and seamlessly!  

They’ll also keep a tight leash on those who can oversee such custodial accounts, by licensing any and all depository branches.  Those branches will be required to submit regular accounting records to the state, and their employees will undergo extensive background checks before employment can be given.

“Well, that’s great Watchman, but what about interest payments?  If we start letting the depository charge interest or pay interest on the bullion that’s in their care..then suddenly you bring debt into the equation, and the metals stored there would always be one person’s asset, and another person’s debt!  I can’t support that!”

Excellent point!  

That’s why I’m most happy to tell you, that this bill strictly prohibits the depository from charging or paying any interest on any bullion whatsoever!  It’s not a banking institution, but simply a facilitator, which acts as a giant safe, and electronic transfer system.

Ahhh, but there’s another neat part about this bill that really kicks it up a notch!  For the first time, not only will you be able to safely store your metal, or use it to transact with other account holders…

But the state and local government would actually accept gold and silver as a means of payment for taxes, for liens, and other fees through your custodial account!

Brothers, do you know what this means?

It means that finally (at long last) that eternally-annoying, ever-bogus line of,

“Gold and silver are so lame, I mean, you can’t even pay your taxes with it!”..will finally be laid to rest…alongside the Dodo birds, and woolly mammoths of yore!

Yes, I know….it’s ok if you need a kleenex!  I won’t judge!

But wait!  There’s more!

Just when you thought you’d awoken in an alternate reality where dairy cows give single-malt Scotch, it gets even more surreal…

This bill would now give you the chance to tell your local governments to pay any refunds or payments to you…..in gold or silver!

Its Limitations

Now, don’t get all crazy on me or anything, remember, this bill is still simply being considered(although calling your local Texas state reps and expressing your support couldn’t hurt anything!), and isn’t the final word on the best way to transact in precious metals.

After all, even if Texas still passes this bill, they can’t do anything about Federal capital gains taxes that would occur in these transactions.  Nor would such a bill enhance privacy, as every transaction would be on record with the state itself.  Those are still severe challenges to overcome, to be sure.

In all likelihood, though, this bill would probably result in many folks still creating a custodial account for savings, and perhaps even receiving state refunds in precious metals as well.  But, holy cow though, isn’t that enough for a celebration?

That would be an enormous first step in a truly game-changing, monetary direction, and a great step towards greater personal and local sovereignty!

Conclusion

Texas is a large state, and a trend-setter, so if this could be passed and succeed there, it would likely lead to other state legislatures being emboldened to try this approach as well.  The mechanism itself is the trickiest part, but if Texas could pull it off, it would provide a clear frame of reference from which all others could easily start.

Though not the “end all, this bill would still undoubtedly be revolutionary, as it would make Texas the first state to actually create a mechanism allowing precious metals to function both as savings and a means of payment.  

Payments to and from individuals, or even inter-governmental in nature, would again be possible.  It would also increase real competition in currency out there, as folks would have another option to the crooked Federal Reserve notes we’re still being indebted by.

Since 1971, when President Nixon severed the last link between gold and the US dollar, the peoples of America have been almost totally at the mercy of international, for-profit banks, like the Federal Reserve, the IMF, or the Bank of England.  

Currencies like the U.S. dollar, have now been borrowed into existence, saddling hundreds of millions of human beings with unpayable debt.  The savings of the peoples of America have been eaten away, and destroyed by a government which has used all this inflationary debt to pay for its numerous bad laws, and immoral wars.

It must stop, and it will stop.

Trust me, bills like this one coming down the pipeline, are very healthy indications that this may be due to change very soon.

Gold and silver, alongside firearms, are still the best tools of sovereignty in the hands of the people.  So most any means of getting more of those coins into folks’ hot, little hands is a great step toward truly giving power to the people, and should be supported.

Gold and silver aren’t merely fortresses to places your wealth in, they’re a saw-offed, double-barreled shotgun of financial sovereignty.  They belong in any person’s arsenal.

You want to see the common man protected?

You wanna see him thrive and succeed?

You wanna see “the little guy” finally win one?

Secure his right to bare arms, put a few silver and gold coins in that same person’s hand…

And then watch out!

The winds of change are blowing across our old world, and they’re finally arriving here as well. That’s a most welcome thing!

For it’s high past time that they started refreshing us with their cool streams again!  

What better way could the land of the Alamo tell the banksters, “Don’t Mess with Texas!“?

What better way could the Lone Star State fire a Texas-sized broadside at financial tyranny, than to guarantee sovereign, custodial gold and silver payment accounts to her citizens?

Such a thing could truly spark a new thirst for financial freedom in the hearts of people across the fruited plain!

That’s something, which I believe, would do the likes of Sam Houston, Colonel William Travis, James Bowie, and Davy” Crockett mighty proud, indeed!

http://www.silverdoctors.com/this-us-state-is-on-the-verge-of-a-silver-gold-revolution/

http://www.okieandfriends.com/t11287-bulldog75-texas-gold-silver-legislation#17490

Follow-up / newspaper righteousness _sgelt gold market prices in Iraq on Saturday, a new high, despite the closure of the metal prices in Asian contracts lower at the close of trading on Friday weekly.

According to the classification Comex New York Mercantile Exchange, was recorded yesterday Gold futures during the Asian session in the next month of April of $ 1202 per ounce (31 grams) low by 0.59% from its last closure, which amounted to $ 1197 per ounce.

The price of gold has reached yesterday in Iraq, the Iraqi dinar currency to the weight of one carat gold (21) and is the best-selling in the domestic market, 195 970 dinars. Ended

LINK

Thanks My Ladies For allowing us to share this today.

MY LADIES:
  GOOD SATURDAY EVERYONE. WE’VE BEEN QUIET FOR A WHILE BECAUSE THE SAME DAILY RHETORIC HAS BEEN GOING ON AND WE DIDN’T FEEL THE NEED TO CHIME IN.


ABOUT 10 DAYS AGO I ASKED EVERY ONE IN THIS ROOM TO PLEASE STOP LOOKING FOR LINCHPINS, OR TIME LINES, OR ANNOUNCEMENTS AND JUST MOVE ON WITH YOUR LIFE AND LET THIS EVENT COME TO US.

I AM SO TIRED OF THE BUILD UP AND THE HYPE OF ANY DAY AND MINUTE, OPEN WINDOWS, NEW FILE NUMBERS, , BANK PERSONNEL IN LOCK DOWN, CALL CENTERS RAMPED UP, DANCING IN THE STREETS, ANNOUNCEMENTS IN THE MOSQUES, AND SCROLLING NEWS ON IRAQI TV.

JEEZE IT IS EXHAUSTING AND QUITE FRANKLY IT BURNED ME OUT.
….

WELL WE DON’T NEED YOU TO KEEP COMING BACK FOR ANY OTHER REASON THEN WE ENJOY YOUR COMPANY AND ARE HAPPY TO SEE YOU GROW IN UNDERSTANDING AS WE TAKE YOU THROUGH THE UPS AND DOWNS AND GLOBAL AFFAIRS AND IRAQI HAPPENINGS OF OUR INVESTMENT.

ALL THE FORMER HAD US BURNED OUT AND THE DAY TO DAY IRAQ WAS NOT YIELDING ANYTHING REMARKABLE UNTIL THESE LAST FEW DAYS. SO LET’S TAKE A CLOSER LOOK AT WHAT WE WERE POSTING LAST NIGHT.

WE STARTED WATCHING WITH OUT SAYING MUCH SO WE DIDN’T GET THE ROOM ALL RILED UP THIS PIECE THAT CAME OUT ON TUESDAY.

THE BIS IS INTRODUCING A NEW SETTLEMENT SYSTEM. AND THE ARAB MONETARY FUND WILL BE MEETING WITH A REPRESENTATIVE FROM THE WORLD BANK WHO WILL BE EXPLAINING THE APPLICATION OF NEW INTERNATIONAL PRINCIPLES.

THIS IS VERY BIG NEWS, BUT WE DOWN PLAYED IT AND KEPT WATCHING WHAT WILL HAPPEN NEXT.

Meeting of the Arab Committee for the payment and settlement systems

3/24/2015 0:00

 BAGHDAD – morning complexity of the Arab Commission for propulsion systems and settlement, its annual meeting atheist ten Tuesday and lasts two days in the Omani capital Muscat to discuss the latest developments concerning the work of the International Committee on the level of implementation of the new international principles for infrastructure capital markets issued by the Bank for International Settlements and the International Organization for bodies Approved Securities by the Group of Twenty.

http://www.alsabaah.iq/ArticleShow.aspx?ID=89491

**********

THE NEXT DAY WE SEE THIS. WHAT THEY’RE SAYING HERE IS THEY ARE READY TO LAUNCH BONDS, SOVEREIGN DEBT DENOMINATED IN U.S. DOLLARS IN THE AMOUNT OF 5 BILLION USD THROUGH CITIBANK,  BUT BEFORE THEY DID THEY WENT FOR ANOTHER CREDIT RATING WITH STANDARD AND POOR’S SO THEY COULD GET A FINAL CREDIT RATING SO THE BONDS WOULD FALL IN THE LOW RISK CATEGORY AND KEEPING THE INTEREST ON THEM LOWER.

Sovereign debt securities acceptable abroad

3/25/2015 0:00

Absorbed by the stock market internally

 BAGHDAD – Mostafa Hashemi endorsed a specialist economic government went to borrow from the inside through the sovereign debt launched by the Ministry of Finance bonds to the public at home and abroad to reduce the proportion of the budget that was caused by the decline in world oil prices since June last year’s deficit.

http://www.alsabaah.iq/ArticleShow.aspx?ID=89568

***********

THEN THIS; NEW REGULATIONS EXIST FOR THE PRIVATE BANKS TO TAKE OVER FROM THE CENTRAL THE TAXES AND TARIFFS AT THE BORDER. THEY ARE MOVING FROM THE OLD MECHANISMS TO THE NEW

Concerned: no direct effect on the market price

http://www.alsabaah.iq/ArticleShow.aspx?ID=89570

**********

AND HERE WE SAW THIS THE COUNCIL OF MINISTERS ANNOUNCED THEY APPROVE OF THE SUGGESTION FROM THE CENTRAL BANK TO LET THE PRIVATE BANKS HANDLE THE TAXES

Cabinet approves proposal for the central bank to accept the instruments of the banks to pay taxes

http://alliraqnews.com/2014-06-14-07-34-14/173446-2015-03-24-16-23-05.html

**********

THEN ON THE 26TH WE STEP OUT OF IRAQ FOR BIT AND WE FIND THIS AN UPDATE FROM THE U.S. GOVERNMENT PUBLISHING OFFICE AND IT IS TITLED ELECTRONIC CODE OF FEDERAL REGULATIONS. THIS UPDATE IS ON THE BANK HOLDING COMPANIES AND CHANGE IN BANK CONTROL (REGULATION)

http://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=f1b650d8a87206bd0a1471df4893a408&n=pt12.3.225&r=PART&ty=HTML

***********

THIS GOT OUR ATTENTION ALSO. WHAT’S HAPPENING WITH GLOBAL FINANCE?

Gold’s relationship with the U.S. dollar is about to change                                                                                 

https://finance.yahoo.com/news/gold-relationship-u-dollar-change-121738729.html

**********

ALSO ON THURSDAY THE 26TH CAME THIS REPORT FROM BLOOMBERG. THIS ARTICLE IS SAYING CENTRAL BANKS IN THE HUGEST CURRENCY MARKETS WILL SEE NEW PRINCIPLES PUBLISHED ON MONDAY.

Global Currency Trading Principles Said to Be Ready for Release

11:15 AM AKDT March 26, 2015

(Bloomberg) — Central banks in the world’s biggest currency markets will publish on Monday principles of behavior and ethics for foreign-exchange trading, according to a person familiar with the document.

http://www.bloomberg.com/news/articles/2015-03-26/global-currency-trading-principles-said-to-be-ready-for-release%C2%A0

**********

HERE IS A QUICK INTERVIEW EXPLAINING THE AIIB AND THIS IS EXPLAINS THE ROLE OF THE DOLLAR IN ALL THIS. THIS WAS A PART OF OUR WEEKLY BUILD UP VERY IMPORTANT TO KNOW SO PLEASE WATCH IT SO YOU UNDERSTAND HOW WE GET TO THE NEXT POINT.

Alasdair Macleod-Gold Price Could be Driven Higher by Panic Demand

https://www.youtube.com/watch?v=zNaC-s2xm3k&feature=youtu.be

**********

NOW DO YOU ALL REMEMBER ME SAYING THAT THERE WAS A PROBLEM WITH A FEW ITEMS IN THE BUDGET AND THAT THE CBI FILED A FORMAL CASE IN FEDERAL COURT CONTESTING THE DEMANDS THE GOI WAS PUTTING ON THEM AND THEY NEEDED TOTAL SEPARATION FROM THE GOI. WE SAW ABAI AND ALI ALEC SIT DOWN AND DISCUSS THIS VERY ISSUE, WELL IT APPEARS THE CBI GOT WHAT IT WANTED.

Finance Committee: Ttrat government taxation and wait for the opinion of the judiciary in the budget appeals

Parliamentary Finance Committee confirmed that the budget law went into effect with the exception of 19 items the government intends to appeal where, despite the denial of access to the nature of the government appeals.

http://www.almadapaper.net/ar/news/484583/-

**********

WELL WHAT DO WE THINK OF ALL THIS?

WE THINK WE MAY BE IN A STATE OF EXPECTATION SOON.

LET’S LOOK AT A BIT MORE, SECURITY IS THE MAIN CONCERN OF EVERYONE IN IRAQ, SO WHAT IS ON TODAYS AGENDA REGARDING SECURITY. HOW ABOUT THE UNITED NATIONS AND THE VATICAN?

Friday, March 27, 2015 16:24

Conference for dialogue and peace in Baghdad tomorrow with the participation of delegations from the United Nations and the Vatican

http://www.albaghdadianews.com/

**********

AND THE ENVOY FROM THE UNITED NATIONS BEGINS WORK TODAY IN IRAQ AND THEY ARE GOING TO PROMOTE NATIONAL RECONCILIATION.

The new UN envoy begin their duties in Iraq

Arrived in the capital Baghdad today, the Special Representative of the Secretary-General of the United Nations, the newly appointed Iraq, Jan Kubis, and took upon his arrival his responsibilities as President of the United Nations mission to help Iraq [UNAMI] and envoy internationalist in Iraq.

http://www.imn.iq/news/view.63437/

**********

AND NOW TAKE A LOOK AT PARLIAMENT PLEASE TODAY

House of Representatives vote on the Federal service law and end the reading of four bills

 WELL CAN YOU GUESS WHAT ONE OF THE BILLS WAS?

THIS IS VERY EXCITING, IRAQI FOREIGN LAW DOCUMENTS WERE READ TO ELIMINATE FOREIGN EXCHANGE CONTROLS AND LIFT ALL RESTRICTIONS BETWEEN THE COUNTRIES OF MEMBERS OF THE FREE TRADE AREA.

The Council also ended the first reading of the draft law amending the certification of signatures on the documents, and the documents and Iraqi Foreign Law No. (52) of 1970 and sponsored by the Legal Committee in order to eliminate controls on foreign exchange in the central bank and the implementation of the resolutions of the Economic and Social Council of the Arab League to lift restrictions between countries circle members of the Free Trade Area.

http://www.parliament.iq/details.aspx?id=18337&Alw

***********

AND HERE IS MORE TALK OF THE PRIVATE BANKS AND NEW MECHANISMS AND THE TAX RATIO TO BE DEDUCTED AND DISPERSED

8 percent tax rates and customs within satisfy mechanisms

3/28/2015 0:56

 Baghdad, Hussein al-Tamimi Tgb succeeded Association of private banks in Iraq to make progress in the implementation of the new mechanism to meet the tax and customs for Akiem imports implemented by banks after the committee charged with approved determine the ratio to be deducted, amounting to 8 percent dispersed among the 5 percent rate of Customs and 3 percent rate taxes.

http://www.alsabaah.iq/ArticleShow.aspx?ID=89733

**********

AND WE CAN SAFELY ASSUME THAT MOST OF THESE 2 PROVINCES ARE CLEARED OF DAASH, THEY ARE HAVING RETIREES COME IN FOR THEIR SMART CARDS AND TO RECEIVE THEIR SALARIES.

Rafidain Bank branches devoted to him to pay retirees Nineveh and Salahuddin salaries

http://www.imn.iq/news/view.63486/

ALRIGHT SO WHAT DOES ALL THIS MEAN I THINK IT MEANS THAT IRAQ IS RIGHT AT THE POINT OF ADOPTING A RATE FOR ITS CURRENCY.

WE LOOK AROUND AT ALL THE GLOBAL CHANGES TAKING PLACE AND WE SEE THE BIS TELLING ALL THE CENTRAL BANKS THE SAME THING, WE SEE IRAQ BEING INCLUDED IN THE CENTRAL BANK ARENA EVEN THOUGH THEY HAVE BEEN OUT OF THE LOOP FOR 10 YEARS.

NOVA AND I THOUGHT THE DINAR WOULD CHANGE FIRST AND COME OUT AS THE SUPPORT CURRENCY AND FROM THERE CAUSE MANY CHANGES IN GLOBAL CURRENCY BUT IT DOES LOOK LIKE WE MAY HAVE BEEN WRONG.

I THINK WE HAD IT BACKWARDS.

FROM WHAT WE SEE AND WHAT WE READ IT SEEMS THAT THE GLOBAL BANKING SYSTEM IS CHANGING FOR SURE AND IT SEEMS LIKE IT’S CHANGING HERE AND NOW NOT LATER.

SO I THINK THAT AMID THE CHAOS WOULD BE A GOOD TIME FOR IRAQ TO RE PRICE AND I THINK THAT TIME IS UPON US.

THERE WILL BE SOME CURRENCY CHANGES THIS WEEK AND NEW MECHANISMS AND SETTLEMENT SYSTEMS PUT IN PLACE IN ALL THE GLOBES CENTRAL BANKS AND AT THE SAME TIME THAT IS GOING ON THERE WILL BE NEW MECHANISMS INSTALLED IN IRAQI PRIVATE BANKS.

THE CBI GOT THE SEPARATION IT NEEDED, AND THE FEDERAL BUDGET WAS DONE MINUS THOSE 19 ARTICLES.

NOW THE GOI WILL APPEAL THE DECISION BUT THAT WILL GO NO WHERE AND THE CENTRAL HAS WHAT IT NEEDS TO MOVE FORWARD.

WE ARE SEEING SALARIES BEING PAID IN WHAT USED TO BE HOT SPOTS AND THE VATICAN AND THE UNITED NATIONS ARE IN IRAQ TALKING ABOUT A PEACEFUL COOPERATING IRAQ.

WE JUST SAW RESTRICTIONS BEING LIFTED FOR FREE TRADE BETWEEN THE ARAB STATES AND THAT WILL BE REFLECTED IN THE GAZETTE IN THE COMING DAYS.

WE HAVE TOLD YOU ALL TO GO ON WITH YOUR LIVES AND LET THIS COME TO YOU WITH A VERY LOW EXPECTATION LEVEL

BUT NOW IN VIEW OF THIS WEEKS EVENTS IN AND OUT OF IRAQ I THINK WE CAN ENTERTAIN A LOW LEVEL OF EXPECTATION FOR A VERY CLOSE FINALE TO THIS INVESTMENT.


STAY GROUNDED BUT OPTIMISTIC AND WE WILL CONTINUE TO KEEP YOU UPDATED

LOVE TO ALL, MY LADIES

Dinar Speculator Chat: What’s A PetroDinar?  Part 2

Jade       We usually picka fight to boost economy..right?

Charlie  we get the benefits of it being sold and that is totally genius

Charlie  yes we can do that jade

Charlie  it doesn’t particularly help an economy unless you win and win big, like we did in WWII

Jade       right

Charlie  it also helped that most of Europe was utterly decimated

Charlie  it needed to be rebuilt   it cost money

Charlie  our INDUSTRIES did it
~~~

Charlie  what industries do we have today?

Charlie  if a war were to happen and china were to “not lose”, it would rebuild the world

Charlie  and usher in a whole new economic system

Charlie  but don’t count on that happening so fast

Charlie  we have so many nukes, it won’t be a pretty sight

Charlie  the question lies at the highest levels of the chessboard

Charlie  what make sense for them

Charlie  money has no motherland – Bonaparte

Charlie  so i will borrow barryny’s phrase – i’ll take the crumbs

Charlie  the crumbs can be very big pieces in the midst of all things

Charlie  I LOVE AMERICA

Jade       And always will !!!!

Charlie  but i don’t see the same AMERICA in washington dc

Charlie  me too jade

Charlie  gotta rip it out of my heart

Charlie  so what are the crumbs?

Charlie  who wants crumbs?

Jade       Seems like thereare alot of over inflated fools in DC today

Charlie  well, we all kind live with crumbs, tasty ones i’ll say

Charlie  as i said the other day, a plate of good food and the health to enjoy it

Charlie  but beyond change is opportunity

Charlie  this is where generations were blessed

Charlie  this is where someone got on a boat and sailed to an unknown land

Charlie  looking for unknown opportunity

Charlie  not knowing what they would find

Charlie  and they landed in… AMERICA

Jade       with very little fear

Charlie  how many of us would have taken that journey

Charlie  not in a CARNIVAL CRUISE SHIP

Charlie  in a wooden ship

Jade       lol

Charlie  rats at the bottom

Charlie  no weather.com

Charlie  they took chances

Charlie  BIG CHANCES

Charlie  THEY PUT THEIR LIVES ON THE LINE

Charlie  for their future

Charlie  for what they believed in

Jade       food, water were biggies

Charlie  very much jad

Charlie  jade

aj4now  isn’t that kind of what we are all doing, Charlie….taking a chance and a risk for an unknown outcome

Charlie  yes aj we are

Jade       but the Indians made afeast for them

Charlie  we will need to chart a course

Charlie  God met them at the other side

aj4now  not good at charting courses, or following maps….prefer the “gee, turn left” route

Charlie  you as an individual will need to chart a course, and you will have help

aj4now  that is why I am still here on this website

Charlie  honestly, i never expected to be here

aj4now  looking for direction and assistance…….from people like you

Charlie  i was very much a bystander like all of you

aj4now  you have always been here, have you not, just behind the scenes

aj4now  helping with the website, etc ??????

Charlie  yes, but not leading

Charlie  not speaking

aj4now  Med used to refer to “I will call Charlie”….I assume that is you

Charlie  i’m not moses, but i kinda know what he felt like!

Charlie  yes that’s me

Jade       but you had an enlightenment and an eagerness to share … and I thank you!

aj4now  thats what I thought……you are a leader Charlie, but this group likes to be organized into leading themselves and you do that very well

Charlie  do you all know where DS came from?

Charlie  c’mon, open mike time

aj4now  I thought Med…..

Jade       not really

Charlie  i’ll sing Sinatra if you don’t respond ——> ~(

aj4now  and it was his dream…..had help from folks like Butterfly, etc

aj4now  I AM I AM I AM

Jade       ok…med…med ..

Charlie  well it started at Dinar Rumor

W8n2cashin        Mr Dinar

W8n2cashin        oh, yeah

aj4now  that is right…..I remember that

48hotrod             was it not a break away from another site — or was it the other way around another site formed from someone leaving here?

Jade       before my time

Charlie  Med was too big for his britches, he’ll admit that, and i needed to make a home for him

Charlie  so i made DS for him, because he was genuine

aj4now  then he had people involved that were really rude !!!!!

Charlie  yes those were the days!

Charlie  he banned people for breathing too loud

aj4now  then Adam Montana took off too

aj4now  I got banned and ** proud of it

Charlie  love you aj!

aj4now  Butterfly and I were NOT the best of friends
Charlie  i simply watched, it was like Jerry Springer and Iraq all rolled into one

aj4now  we were not allowed to ask questions, or give an opinion

Charlie  AlBaghdaddy Springer

Charlie  i don’t know

Jade       lol

aj4now  exactly…. I think that is when she banned me …. I said something about the Jerry Springer show

Charlie  anyways…

Charlie  i never thought i would be called to the mic

aj4now  sure am glad you stepped up, Charlie…..you make the whole thing make sense

Charlie  i was here even long before that

Charlie  i was around in the investors iraq days

Charlie  most of you were not dinar-born i bet

aj4now  time for me to throw clams/mussels/oysters on the table …. like Tudor I have non-dinar company and I guess I should pay attention to them

Charlie  anyone who has been around for a long time knows those days

aj4now  good night Charlie and thank you……really do have to run

Jade       I can’t remember when

Charlie  goodnight aj

W8n2cashin        sure do Charlie

Jade       GN AJ

b1955    aj can I come for dinner 

Charlie  again, i am simply amazed at where time has taken us

W8n2cashin        they were “very lively days” lol

b1955    GN aj

W8n2cashin        bye aj

Charlie  yes, lots of rumors and craziness

Jade       I’m more relaxed and mouthy these days!

Charlie  not mouthy enough jade

Charlie  get your A game on!

48hotrod             Charlie – I remember some of those days – mine started in August of 2009 – my friend told me about the dinar – Ranger 77 / Phoenix was popular then and Medic – I have saved chats from both starting in October of 09 lol

Jade       I have to know what I’m talking about!

b1955    Yes but the rumors on here were not as bad as some other sites LOL

Charlie  back then, i use to think, what’s happening in 10 years

48hotrod             right and we did not think we would be “here” lol

Charlie  wow ranger! haven’t heard that name in years

Charlie  anyone ever hear of Jerry?

Charlie  he was an icon in 2004-05

Charlie  opened the warka trail

Jade       The one who sent you the ferrari?

48hotrod             don’t remember hearing that name butI sure remember Neno

Charlie  i doubt it was him, would be nice if it were

Charlie  neno was 2nd generation

Charlie  aunt gwennie, jerry, ret, sportslux they were 1st generation

48hotrod             i started in 2008 I got the date wrong it was 2008 been a long time

Jade       wow .. before me

Charlie  so i’m a long time spectator, never a part of the main conversation

48hotrod             lol — until now !!

Charlie  now i am blessed to share things no one is looking at

Charlie  but you would have had to have had this kind of history!

Charlie  lots of haves and hads there!

Charlie  i see it clearly

Charlie  words of wisdom right here

Charlie  things

Charlie  things do not always go up by themselves, it’s the things around them that go down that give the appearance that it went up

Charlie  relationships

Charlie  i know a guy who was not the best looking guy growing up

Charlie  he was … ok

Charlie  years later, everyone around him got old

Charlie  but he remains … ok

Charlie  now, next to all those people, he’s a great looking guy!

Charlie  lol

Charlie  that’s me btw, (so others say)

48hotrod             Charlie — I think I know what you are talking about — I noticed that when attending class reunions 

Jade       Understood! Just got a haircut and now I’m gorgeous!

Charlie  i didn’t change, others did

48hotrod             lol

Charlie  yes hotrod

Charlie  that a way jade!

Charlie  so lets close with a thought

Charlie  what was yours?

Jade       Oh Happy Day ..is mine

Charlie  you were expecting me to give you a thought

Charlie  good one jade

Charlie  think, it’s your best tool

48hotrod             I have one: A tree will not only lie as it falls, but it will fall as it leans — J J Gurney

Charlie  that is deep

48hotrod             That one can have some deep meaning if you ponder on it a bit

Charlie  very pertinent

Charlie  DON’T LEAN!

Jade       Keep the faith in the dinar!

Charlie  AMEN

Charlie  BE BLESSED AND BLESS OTHERS!

gigi3      

48hotrod             Hope is always better than despair

Charlie  see you tomorrow with an analytical overview

Jade       Charlie do you live in NY?

48hotrod             Good Night Charlie – Thanks for the chat

gigi3      Thanks Charlie! Be blessed yourself and have a great night!

Charlie  thanks to all of you!

W8n2cashin        TY Charlie

Jade       GN, Charlie

W8n2cashin        GN all

Jade       GN w8n, gigi … oh, everyone!

b1955    Thanks for the chat Charlie. You made me look I got in Feb 2004 Rocks don’t live that long 

gigi3      hotrod… that was most excellent. I see it play out al the time. Charlie’s response… fab! None of us want to be flat of our back spouting “I’ve fallen and I can’t get up!” Lol!

gigi3      Good night Jade, w8n, hotrod, b1, … the whole bunch! Have a great weekend and, everyone …get well and/or stay well!

gigi3      Hey, ks & tudor… if you glimps into chat after your company goes to bed/you return from the dance, just know that we missed you! It was a very good chat, but at this point, not yet posted. Sleep well and enjoy your weekend! Bye! (})

http://www.dinarspeculator.com/showthread.php/77706-CHAT-What-s-A-PetroDinar

Dinar Speculator Chat: What’s A PetroDinar?  Part 1

Charlie  well lets get down to a little bit of business

Charlie  i love to see the energy in the room

gigi3      Ahhh, yes… business.

Charlie  it’s amazing how much we have in common yet how little we really know each other,

gigi3      You bring the energy, Charlie!

Charlie  yet how much we DO know each other

Charlie  thank you gigi and aj

Charlie  it’s humbling

48hotrod             Charlie, I hate to be the one to say it but I think you have spoiled us with your presence and insightful conversations – we were hoping for a show the past 2 nights — lol — I think I can speak for most and say we hope we have not worn you out and you are taking care of yourself – (L)
~~~

Jade       Only from the insanity at the beginning of chats!!

Charlie  i do apologize so much  —  i push myself too much

Charlie  lots of work in my life

Charlie  hotrod, i want to spoil you all even more tonight

Charlie  not that i’m anything special

Charlie  i spend a lot of time alone during the day

Charlie  i do a lot of driving so you can only imagine how solitary it gets, yet i think about all we are doing, i listen to a lot of podcasts

Charlie  i even got some equipment today to test so i can podcast

Charlie  maybe even while i drive!

48hotrod             woooowhooo KS shake a tail feather have fun!! (L)

ksdunlap              thats cool Charlie

Charlie  we talked about a very new concept here this week called the petrodinar

gigi3      Wow! Charlie. Pretty slick!

48hotrod             yeah Charlie — get up there with the big boys and new toys — we are ready here with a hunger & thirst

Charlie  haha

Charlie  well the idea struck me in my days of researching the petrodollar

Charlie  probably not a new idea, but in terms of its application to our investments, i thought it was quite original

gigi3      We DO appreciate all your efforts on our behalf, Charlie.

Charlie  you guys are awesome, making me smile alot

ksdunlap              yes we do

gigi3      Sorry… no more inturuptions from me tonight.

Charlie  well the petrodinar concept struck me in an moment of absolute doubt and discouragement

Charlie  you guys and gals never interrupt

Charlie  we have all gone through those moments, where everything is totally dark

Charlie  and as soon as it came, it left a footprint on my mind

Charlie  i tucked it away, thinking: that’s never happening, we live in a concrete world where things really don’t change

Charlie  fast forward

Charlie  i was fed a stream of information that showed me that things are changing so much more rapidly that we can imagine

Charlie  again, i go back to a chat about two weeks ago where the US was fighting against the establishment of a “china bank” like the IMF  then POOF, the US joins, against all of its own criticism

W8n2cashin        really?

Charlie  i know i’ve repeated this, but it truly is amazing, more than most of us really understand, because the ramifications are extraordinary

Charlie  http://www.wsj.com/articles/u-s-to-seek-collaboration-with-china-led-asian-infrastructure-investment-bank-1427057486

Charlie  it simply goes to show that change is upon is ways we cannot imagine

Charlie  now lets delve into the concept of the petro dinar

Charlie  we mention a basket  while this is powerful, it’s not logistically efficient

Charlie  it would be creating a middle eastern euro

Charlie  anybody want to give it a name?

Charlie  i don’t know, a dinaro?

barryny humplar

Charlie  i don’t see this actually happening for several reasons:

Charlie  1. the failure of the euro sets precedent

Charlie  2. the middle eastern countries, don’t have the same dynamics

Charlie  culturally it appears so, but there are walls

barryny middle east takes sides….****e…sunni

Charlie  economically, you might think so, but the opportunities lie outside of the ME in consumer markets,

Charlie  3. they simply don’t trust each other

Jade       and then the Iraqi shiites refuse to fight for Tikrit if USA is involved

barryny for 1,000 years

Charlie  yes barry and jade   its very deep rooted

Charlie  so then what are the options?

barryny would iraq be better off with 3 states within the Republic?

Charlie  quite possibly

barryny iran/syria/lebanon = ****e

Charlie  from a standpoint of currency…

barryny saudi arabia/UAE/Kuwait/etc = sunni

Charlie  i would say we will never see another petrodollar, BUT

Jade       and oil moneys split

barryny iraq = the best blend of all

Charlie  the petrodinar from iraq would be very powerful for iraq

Charlie  or a petroriyal

barryny they could be the lynchin of the entire region!

barryny lynchpin

Charlie  or a petrorial

Charlie  these are all local currencies in the ME

Charlie  the US is vast and wide

barryny if i had the hard resource – you should buy it on my terms…my currency!

Jade       just got notice of more wells being drill in Ill.

Charlie  iraq is about the size of texas

Charlie  it does not need to be the global OIL CURRENCY to see the same benefit of the petrodollar

Charlie  so if we scale down the size of iraq, it could have the economic effects of a petrodollar just by selling oil in iraqi dinar

Charlie  now this all sounds crazy to some, but the petrodollar is a template that many would love to emulate

Charlie  surely this kind of idea with US missiles pointing right at you seems ludicrous

Charlie  but change is happening

Charlie  it is happening fast

Charlie  i honestly do not believe 2016 will be like 2015 and i have not lived 2015 yet!

Charlie  and what i mean is that our world is moving at supersonic speeds into the future

Charlie  it’s like being in a time warp

Charlie  i’ve never in my life seen anything like this and i’ve been around for quite some time

Charlie  since 2008 things have not been the same

Charlie  why?

Jade       Obama

Charlie  yes and no

Charlie  yes, he ushered in a new era of “hope and change” <— LOL

Charlie  hope decided to stay home

Jade       Yep

Charlie  of course, politicians say what they want to get elected

W8n2cashin        yup

Charlie  but the world did change when the dollar was exposed

Charlie  quantative easing (QE) was instituted to buy some time

Charlie  qe allowed the markets to recover

Charlie  so much new money with no where to go

Charlie  it also created BIGGER problems

Charlie  money with little interest seeking high yields like junk bonds

Charlie  ironically, in the oil industry (shale) that was tabbed to save us

Charlie  what does this all mean?

Charlie  it means the banks are in trouble and will start seeing it real soon

Jade       We’re facing a kick in the teeth?

Charlie  and a stomp on the head

Charlie  they changed the laws to make sure of that

Charlie  now don’t go rushing to buy all the cans of tuna in your supermarket

Jade       Like how much taxes we’ll pay?

Charlie  the options are limited but higher taxes is at the top

Charlie  the polititicians will make every move in the book

Charlie  but the bankers will always call the shots

Charlie  since 2008, they have been finding ways to protect themselves

Charlie  they saw the end game

Jade       We have to find non-fed banks to deal with!

Charlie  the stock market is a FOOL’S GAME right now

Charlie  yes, jade, a good local bank with no ties to the system is good

Charlie  but the ultimate dilemma will be the dollar itself

Charlie  i can’t cover every single base in a chat

W8n2cashin        scary thought

Charlie  we need to get to the grains

Charlie  we need to see things simply for what they are

Charlie  why all this talk about the dollar?

Charlie  well it’s currently what controls the dinar

Charlie  you cannot separate the two

Charlie  iraq can, and i believe it will

Charlie  but focus on the main actor

Charlie  the dollar is being undermined as we speak

Charlie  the petrodollar is the soft underbelly to our ENTIRE ECONOMY

Charlie  we left gold, we went to oil  – plain and simple, anyone who wants to argue that point will argue history–it’s been 40 years since

Charlie  but all good things come to an end and if it doesn’t end its because missiles will fly

Charlie  i doubt that 99.9999% of our countrymen understand what i just said

Charlie  i’m not saying you are privileged, but if you understand this, YOU ARE

Charlie  OIL OIL OIL         WE OWN IT        in a different way

Comments may be made at the end of Part 2  Thank You

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