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Thursday, August 22, 2013

JESTER CHAT, PART 1 & 2 , 22 AUGUST

Jester: HELLO FRIENDS, NEIGHBORS, AND FELLOW AMERICANS... HOPE YOU ARE DOING WELL...

Jester: YOU GUYS SURE ARE IMPATIENT... HERE I AM PLAYING JAMES BOND AND I HAD TO STOP FOR ALL THE CALLS... LOL

Jester: HI FRIENDS! GOOD TO SEE EVERYONE.... INTERESTING DAY TO SAY THE LEAST...

jester: I LEARNED ANOTHER HARD LESSON IN THIS DANG INTEL GAME TODAY... DON'T BLOW OFF STUFF FROM GOOD SOURCES NO MATTER HOW SILLY IT SOUNDS...

Jester: THE SIMPLE FACT WE WERE TOLD YESTERDAY THAT THE MARKET WOULD SHUT DOWN IN THE MIDDLE OF THE DAY AND IT DID IS HUGE!

Jester: NOW... IT WOULD HAVE BEEN BETTER IF WE HAD BELIEVED IT I GUESS... LOL

seveneleven: Lets hear more silly intel
alfonse: Jester Sometime truth is stranger than fiction rofl

Jester: seveneleven WE DIDN'T BELIEVE IT... DID NOT SEEM POSSIBLE... SO WE WERE LIKE YEAH OKAY WHATEVER...

Jester: SO REDWOLF AND I HAD ALREDY BEEN TRYING TO RUN DOWN INFORMATION ON THE DARK LIQUIDITY ISSUE... AND WE THINK IT MAY HAVE A LOT TO DO WITH THAT...

Jester: FROM REDWOLF JUST A LITTLE WHILE AGO... TODAY'S EVENT WITH NASDAQ WAS RESET RELATED. THE DARK LIQUIDITY WE DISCUSSED EARLIER FITS PERFECTLY WITH THE NEARLY THREE HOUR SHUT DOWN. NOW I AM NOT SURE IF IT WAS TO CATCH TRADERS DOING BAD THINGS OR WAS IT TO ALLOW A CLEAN UP TO HUSTLE IN THE REST? EITHER WAY IT WAS NEEDED TO MOVE THINGS FORWARD.

  Jester: INTERESTINGLY ENOUGH WE HAD ALREADY BEEN LOOKING AT THAT AND I RAN ACROSS THIS ARTICLE IN THE WALL STREET JOURNAL A LITTLE WHILE AGO...
http://online.wsj.com/article/SB10001424127887324619504579028873794227410.html

Jester: BEAR WITH ME... OKAY?

Jester: COUPLE INTERESTING POINTS IN THAT ARTICLE...

 FLPatriot59: The dark liquidity pool gets its name because details of these trades are concealed from the public, clouding the transactions like murky water. Some traders that use a strategy based on liquidity feel that dark pool liquidity should be publicized, in order to make trading more "fair" for all parties involved.

Jester: Nasdaq officials internally pointed to a "connectivity" problem with rival NYSE Arca, according to people familiar with the matter, that led to price quotes not being reported. Nasdaq officials say their technicians should have been able to manage the problems and avoid the halt. A person close to NYSE Euronext said the exchange was confident that regulators will review the outage thoroughly.

Jester: AND THEN FURTHER DOWN....

Jester: Several "dark pool" trading platforms, electronic venues set up to facilitate private stock transactions, shut down altogether in the wake of Nasdaq's outage. Goldman Sachs Group Inc. shut down its Sigma X dark pool from early afternoon through the rest of the trading day, traders and others familiar with the matter said. Dark pool platforms run by Wells Fargo & Co., BIDS Trading LP and Citadel LLC shut down for varying amounts of time after Nasdaq forced a halt to trading in its listed securities, people with direct knowledge of the decisions said.

Jester: NOW THE PERTINENT POINT IS STILL... THE SIMPLE FACT WE WERE TOLD YESTERDAY THAT THE MARKET WOULD SHUT DOWN IN THE MIDDLE OF THE DAY AND IT DID...

Jester: THERE ARE THREE MAJOR TYPES OF DARK POOLS. THE FIRST TYPE IS INDEPENDENT COMPANIES SET UP TO OFFER A UNIQUE DIFFERENTIATED BASIS FOR TRADING.

THE SECOND TYPE IS BROKER-OWNED DARK POOLS WHERE CLIENTS OF THE BROKER INTERACT, MOST COMMONLY WITH OTHER CLIENTS OF THE BROKER (POSSIBLY INCLUDING ITS OWN PROPRIETARY TRADERS) IN CONDITIONS OF ANONYMITY.

FINALLY, SOME PUBLIC EXCHANGES ARE CREATING THEIR OWN DARK POOLS TO ALLOW THEIR CLIENTS THE BENEFITS OF ANONYMITY AND NON-DISPLAY OF ORDERS WHILE OFFERING AN EXCHANGE "INFRASTRUCTURE". DEPENDING ON THE PRECISE WAY IN WHICH A "DARK" POOL OPERATES AND INTERACTS WITH OTHER VENUES IT MAY BE CONSIDERED, AND INDEED REFERRED TO BY SOME VENDORS AS A "GREY" POOL.

Jester: THEN THERE IS THE ‘THEY NEEDED TO DO IT IN PREPARATION FOR THE RESET TO CONFIRM SOME INTERCONNECTIVITY ISSUES’... AND MAYBE THEY HAD TO DO IT WHILE THE SYSTEM IS WORKING…

Jester: AND THE THEORY THAT IT WAS TO CATCH SOMEONE DOING SOMETHING THAT THEY KNEW WSA GOIGN ON AND THAT WAS THE ONLY WAY TO VATCH THEM DOING IT... TO STOP THE SYSTEM IN THE MIDDLE OF IT HAPPENING...

Jester: AND THE THEORY THAT SOMEONE WAS DOING A TRADE SO HUGE THAT IT SPIKED THE SYSTEM AND SHUT THINGS DOWN...

Jester: THEN THERE IS THE SHOT OVER THE BOW THEORY. GET IT DONE… OR ELSE... LOOK WHAT WE CAN DO… JUST TO PROVE THE POINT…

Grunt0311: Jester OOOOOOOH... I LIKE THAT ONE.

Jester: ALL THEORIES THERE… WE ARE WORKING ON IT… I AM SURE GURU CUBBY WILL BE GETTING AN ANSWER ON IT… WHEN HE FIGURES IT OUT THEN WE WILL REPORT IT BACK AS SOON AS WE CAN…

Jester: THE MAIN POINT IS WE NOW KNOW IT WAS PLANNED... WHATEVER THE REASON IS IT WAS DEFINITELY SET UP AHEAD OF TIME..

Iank1978: well if people knew ahead of time this was going to happen either it was to catch peeps with their pants down or a system test or integration IMO   or both

Jester: AND LIKE REDWOLF AND I DISCUSSED... IT CAME FROM ONE OF MY INTEL SOURCES IN THE RESET WORLD... SO WE KNOW IT WAS THEM DOING SOMETHING TO PREP THE RESET... JUST NOT SURE WHICH SIDE RIGHT AT THIS PARTICULAR MOMENT...

Jester: AND WE NOW ARE PRETTY SURE IT HAS TO DO WITH THE DARK LIQUIDITY SITUATION... SOOOO... I AM GUESSING THEY HAVE A PROBLEM WITH THAT SCENARIO...

Jester: SO ANYWAY... THE END OF THE ARTICLE IS ALSO INTERESTING...

Jester: ITG's traders learned about the halt within minutes and scrambled to manually stop trading Nasdaq stocks, eventually shutting down the entire dark pool. The electronic messages officially alerting ITG of the halt didn't reach the firm until about 2:08 p.m., almost two hours after the shutdown, said the person familiar with the firm's operations.

Jester: WE UNDERSTAND THAT USING DARK POOLS IS IN A SENSE A MANIPULATION OF THE MARKET...

Jester: Truly dark liquidity can be collected off-market in dark pools. Dark pools are generally very similar to standard markets with similar order types, pricing rules and prioritization rules. However, the liquidity is deliberately not advertised—there is no market depth feed. Such markets have no need of an iceberg-order type. In addition, they prefer not to print the trades to any public data feed, or if legally required to do so, will do so with as large a delay as legally possible—all to reduce the market impact of any trade. Dark pools are often formed from brokers' order books and other off-market liquidity. When comparing pools, careful checks should be made as to how liquidity numbers were calculated—some venues count both sides of the trade, or even count liquidity that was posted but not filled.+

Jester: Dark liquidity pools offer institutional investors many of the efficiencies associated with trading on the exchanges' public limit order books but without showing their actions to others. Dark liquidity pools avoid this risk because neither the price nor the identity of the trading company is displayed.

Jester: Dark pools are recorded to the national consolidated tape. However, they are recorded as over-the-counter transactions. Therefore, detailed information about the volumes and types of transactions is left to the crossing network to report to clients if they desire and are contractually obligated.

Jester: Dark pools allow funds to line up and move large blocks of equities without tipping their hands as to what they are up to. Modern trading platforms and the lack of human interaction have reduced the time scale on market movements. This increased responsiveness of the price of an equity to market pressures has made it more difficult to move large blocks of stock without affecting the price.

  Jester: Dark pools are run by private brokerages which operate under fewer regulatory and public disclosure requirements than public exchanges. Tabb Group estimates trading on the dark pools accounts for 32% of trades in 2012 vs 26% in 2008.

  Jester: For an asset that can be only publicly traded, the standard price discovery process is generally assumed to ensure that at any given time the price is approximately "correct" or "fair". However, very few assets are in this category since most can be traded off market without printing the trade to a publicly accessible data source. As the proportion of the daily volume of the asset that is traded in such a hidden manner increases, the public price might still be considered fair. However, if public trading continues to decrease as hidden trading increases, it can be seen that the public price does not take into account all information about the asset (in particular, it does not take into account what was traded but hidden) and thus the public price may no longer be "fair".

Jester: Yet when trades executed in dark pools are incorporated into a post-trade transparency regime, investors have access to them as a part of a consolidated tape. This can aid price discovery because institutional investors who are reluctant to tip their hands in lit market still have to trade and thus a dark pool with post-trade transparency improves price discovery by increasing the amount of trading taking place.

Jester: AND THERE IS MORE BUT THAT IS PRETTY MUCH THE GIST OF IT ALL... THE SYSTEM OUTSIDE THE SYSTEM USED TO MANIPULATE THE SYSTEM...


PART 2


surfnomad: Jester Great explanations 1 scenario confirms what I heard a few days ago... do you remember that old TV show with Robert Wagoner to catch a thief ...jus sayin wow probably dating myself with this post :-) It was done to flush out the rats

Jester: surfnomad I DO BELIEVE THAT IS PART OF WHAT WAS DONE... MAKES SENSE TO ME THAT THEY WOULD WANT TO STOP THIS KIND OF ACTIVITY AS IT SIMPLE IS NOT FAIR TO THE AVERAGE INVESTOR TRYING TO OPERATE WITHIN THE SYSTEM THAT IS SUPPOSED TO BE FAIR FOR EVERYONE WITH REGARD TO PRICING OF THE TRADING...

richman2be: This was really a Rat Trap????

Shivohm: Jester Is this a warning to the "Dark" that they need to stop playing the wordl's finance and surrender?

Jester: Shivohm THE SHOT OVER THE BOW THEORY IS HIGH ON OUR LIST OF POSSIBILITIES...
Nana: Jester Maybe it was a combination of a Rat Trap and the Reset. It was reported that the system was shut down in order, starting with "A" and proceeding through the alphabet. Do you think this is true and wouldn't this suggest that it was a deliberate re-entering and possibly the first step in the reset?

Jester: ANYWAY... THAT IS WHAT WE HAVE SO FAR... REDWOLF AND CUBBY ARE WORKING ON IT... WE WILL HAVE MORE INFORMATION SOON... THEY ARE BOTH GOOD AT WHAT THEY DO...

sclovingit: Jester. was this possibly a prelude so when the Forex goes down mid-day the public will think it is just another programming error? From your definition of "Dark Liquidity" I now better understand NASARA saying for years that the global reset meant banking would become more transparent. They really didn't mean traditional banking -- they meant brokerage, derivative and hedge fund activity.

Jester: sclovingit THE FOREX SYSTEM IS READY TO GO... I DON'T THINK THEY WILL HAVE ANY PROBLEMS...

Mya: Jester are you expecting more info as in "soon" hoping for before we close or soon as in later tomorrow?

Jester: Mya WAITED AS LONG AS I COULD TONIGHT... BUT I WANTED TO TELL YOU WHAT WE WERE THINKING SO FAR SO YOU WOULD KNOW WHAT WE ARE WORKING ON TONIGHT...

brobi: jester is the #3 man the pope?

Jester: brobi NO HE IS NOT…..

amg: Jester all I know is that when I get discouraged about the whole GCR all I have to do is remind myself of events like this to confirm things are definitely moving forward

Jester: amg AND THAT IS THE MAIN THING TO KEEP LOOKING AT... THAT THINGS ARE DEFINITLY MOVING FORWARD...

Nana: Jester Maybe it was a combination of a Rat Trap and the Reset. It was reported that the system was shut down in order, starting with "A" and proceeding through the alphabet. Do you think this is true and wouldn't this suggest that it was a deliberate re-entering and possibly the first step in the reset?

ester: Nana I DON'T THINK SO... WHATEVER THEY DID I DO NOT THINK IT IS TIED TO RESETING THE NASDAQ SOMEHOW... IT WAS IN RESPONSE TO A POINT OF SOME KIND GETTING MADE...

blessme: Jester what your take on Lews speech?

Jester: blessme PRETTY LAME... NOT WHAT WE WERE LOOKING FOR...

Shivohm: Jester There is a lot of fail-over, mirroring, etc. fault-protection, extensive and sophisticated testing done so it is unimaginable that a "system" failure could cause such a huge outage! It has to be a deliberate, human act!

Jester: Shivohm I AGREE WITH THAT STATEMENT... ESPECIALLY SINCE WE WERE TOLD ABOUT IT AHEAD OF TIME...

GeneralPatten: Jester, I still don't understand all the CIX stuff. 'CiX' is Fortran programming code used for Arbitrage trading. New or not new?

Jester: GeneralPatten I THINK THAT IS A COINCIDENCE... CENTRAL INTERNATIONAL EXCHANGE IS WHAT I AM TOLD THE ACRONYM STANDS FOR...

sandytob: Jester But didn't you say last night that Lew might not have to make the announcement you were looking for because he had already gone to Hong Kong and signed off?

Jester: sandytob I HAVE ALWAYS SAID WE WERE EXPECTING SOME ANNOUNCEMENTS...

pokerbrat: Jester I guess that is a source you may listen to a little closer huh?

Jester: pokerbrat YOU GOT THAT RIGHT... AND USUSALLY WE DO... BUT IT WAS SO FAR OUT IT WS ALMOST UNBELIEVABLE...

benkramer: Jester do you know anything about the White Hat Reports and why they seemed to have gone underground ???

Jester: benkramer THE WORD I HAVE HEARD ON THAT IS THE MISSING REPORT IS SO REVEALING IT WOULD CAUSE A HUGE CONCERN... SO IT IS THERE..... JUST NOT RELEASED YET...

peachestenn: Jester do you have any ifnormation on the post rv taes, Mt Goat implied there could be one tax on ust gold backed deposits for the IQD and another tax% on the vnd and other currencies for some reason like they would be fedreal reserve backed still it just did not make too much sense to me, any thoughts?

Jester: peachestenn IT HAS BEEN POSTULATED FOR A LONG TIME THAT YOU SHOULD KEEP YOUR DIFFERENT CURRENCIES IN SEPARATE ACCOUNTS FOR JUST THOSE REASONS... IN CASE THEY ARE TREATED DIFFERRENTLY... AND WE HAVE HEARD THAT THE EMAIL GROUP MAY POSSIBLLY BE AFTER TAX RATE... SO WHAY TAKE A CHANCE?

MacNab: Jester Has China filed a lawsuit against WF management? /TY

Jester: MacNab NO THAT IS BS... WONDER WHERE THAT STUFF COMES FROM ANYWAY...

fhdinar: Jester any word about number 3? Or are you ignoring that this evening?

Jester: fhdinar I AMSWER AS I SEE THEM... THERE ARE A LOT OF QUESTIONS FLYING BY AND I CAN ONLY DO SO MUCH... YOU SHOULD TRY THIS SOMETIME.... HE IS STILL SITTING RIGHT WHERE HE HAS BEEN SITTING ALL WEEK...

bigmoneyboss: Jester..... All of the articles coming out of iraq, about economic reform, and deleting zeros. Is this a side show to divert attention from the main event?

Jester: bigmoneyboss THE DAYS OF OUR LIVES IN IRAQ.... THEY HAVE TO HAVE SOMETHING TO DO WHILE THEY WAIT ALONG WITH US...

RV4life: Jester For last hour Asia squawk box been saying India (Bric country) Rupee in trouble big trouble...is this a good sign?

Jester: RV4life I REPORTED... I THINK IT WAS ON MONDAY... THAT INDONESIA WAS IN A HECK OF A MESS... AND IT LOOKS LIKE INDIA IS FOLLOWING... REDWOLF HAS BEEN WATCHING THAT IMPLOSION ALL WEEK....

1biz4u: Jester why doesnt the reset take place so this can be fixed?

ester: 1biz4u JUST BECAUSE IT IS NOT HAPPENING WHEN WE WANT IT DOES NOT MEAN THEY ARE NOT WORKING ON IT... THEY ARE VERY WELL AWARE OF WHAT IS GOING ON AND THAT IS WHY THIS IS HAPPENING... BUT THEY ARE NOT GOING TO DO IT WITHOUT DOING IT RIGHT... IF THEY DO THEN WHAT IS THE POINT?

texas77: Jester What if we all pinky swear promise that if you give us a date clue and we go past it we won't beat you up? Lol

texas77 IF I WAS AT ALL SURE OF IT THEN I WOULD... AS OF YESTERDAY WE DID NOT KNOW ABOUT THE STEP THAT WAS ADDED IN TODAY... THAT IS THE REASON NO ONE IS RIGHT... THEY DO NOT KNOW ALL THE STEPS NECESSARY... NO THAT HAS CALLED IT HAS THE ANSWER BECAUSE THEY DO NOT KNOW ALL THE STEPS... YOU SEE EVERYONE OUT THERE DOING IT FOR ALL KINDS OF DIFFERENT REASONINGS EVERY SINGLE DAY... AND GUESS WHAT... IT HASN'T HAPPENED FOR THOSE REASONS.... SOOOOO... THAT IS WHY I DON'T DO IT...

1biz4u: Jester thanks, can say how many more hurdles to climb to finish?

Jester: 1biz4u sananddan24 JUST ANSWERED THAT... BUT WE STILL KNOW WHO IS LAST... SO THAT IS WHAT WE WATCH...

pokerbrat: Jester I must say it was exciting to see the NASDAQ go flat line knowing it had to somehow do with the reset. while the talking heads were throwing the blame around scratching their collective heads

Jester: pokerbrat YEAH WELL... WISH WE HAD FOLLOWED UP KNOWING ABOUT IT EARLIER...

1biz4u: Jester knowing there is someone scheduled to do his task last.. Are there several steps need to be accomplished before his or her task?? Thanks

Jester: 1biz4u AS TODAY SHOULD SHOW YOU... THAT IS PRETTY HARD TO DO... I ONCE REPORTED THAT I WAS TOLD THAT THE ARCHITECT OF ALL THIS WOULD HAVE TO GIVE SOMEONE A 6 MONTH DOWNLOAD TO UNDERSTAND IT ALL... AND YOU KNOW THEY DO NOT WANT US TO KNOW ALL THAT... SO WE DO WHAT WE CAN TO BRING WHAT WE KNOW... THAT IS ALL I CAN DO...

Jester: OK... ANOTHER FINE NIGHT... WHAT A BUNCH OF GREAT FREINDS TO HAVE... THANKS FOR SPENDING YOUR TIME HERE WITH US... THAT MAKES IT ALL WORTHWHILE...

Flying Eagle: GOOD NIGHT - see you back here tomorrow future millionaires! BYE BYE

Jester: YOU ALL TAKE CARE... SEE YOU BACK HERE TOMORROW NIGHT... GOD BLESS YOU ALL... AND GOD BLESS AMERICA...

Jester: NIGHT NIGHT FRIENDS...

TONY BLAST, 22 AUGUST

08/22/13 TONY BLAST :::: Well, Well, Well, nothing to do with the RV.......Right. There was advance notice given to some that this would happen, and we should all be glad that it did. One more step to you realizing your dream. I will talk about this tomorrow if we get a chance, even though you probably won't even care. Everyone is in and monitoring the system and if it all goes right, (happy days are here again).

SHREDD & BLD CHAT, 22 AUGUST

BondLady] you all wanna see a good article ?

A parliamentary committee: Iqbal mounting on the Iraqi dinar Written by Ammar Shaykhli published on Monday, July 22 / July 2013 03:30 Baghdad (Iraq) / Hala Khalid Analysts, economists continued low exchange rate of the U.S. dollar against the Iraqi dinar to Madon the (1200) dinars for the days to come,

as the price of the weight of gold to 215 thousand dinars days after falling to 225 thousand for the weight of one.

said reporter «future» «The offices of banking sale and purchase of foreign currency and the U.S. dollar saw yesterday, a slight decrease on the prices of buying and selling foreign currency, 
  including for the U.S. dollar rate of decline thousand dinars for one hundred dollars, for a sale price of $ 100 U.S. to 120 thousand dinars, while the price of to purchase 119 thousand dinars in most areas of the capital Baghdad and domestic banks in the capital.

Conversely said a member of the Economic Commission MP Mahma Khalil that the low price of the U.S. dollar in the market due to the increasing demand of the Iraqi dinar after the lifting of Iraq from Chapter VII and international sanctions recently.

said Khalil's «future» «demanded serve as the economic Iraqi Central Bank to pump large amounts of dollar U.S. to control the prices of buying and selling the dollar now and achieve something of the stability of exchange rates,

as well as activating the role of trade control to control market prices, especially during the days of the month of Ramadan ».

demanded Khalil to speed up the restructuring of the dinar and the Iraqi currency against foreign currencies in order to keep the price of the dinar against the rest of the Currency,

 indicating that the coming period will witness keep the exchange rate of the U.S. dollar contrast slightly in the price of buying and selling.

turn attributed the economic analyst Mohammad Al-Anbuge continuing decline in exchange rates of the U.S. dollar against the Iraqi dinar to the wrong policies pursued by the government and the central bank in the lack of control over exchange rates of currencies difficult.

He said Anbuge for «future» yesterday that the instability of the exchange rate of the U.S. dollar would cause economic disaster for the Iraqi market for the day ahead in the event of continued low exchange rates of the dollar and hard currency. to the price fell one for gold and jewelery and gold ornaments in the markets of the capital Baghdad yesterday, bringing the price in sales to 215 thousand dinars central Iqbal significantly from citizens to buy large quantities of gold investors, the issue of low price.

said a number of shop owners gold jewelry in Baghdad for «future» that the price of buying and selling gold in the general areas of the capital decreased significantly without knowing the real reasons behind low price of gold.

predicted shop owners continued decline in selling prices and buy gold for the coming weeks to very low levels amid the apparent decline in the price of buying and selling currency is currently.

He was an economist, had confirmed the Future for last week that the reasons for the decline in gold prices in Iraq due to the introduction of some countries the global gold producer amounts of gold to global markets for sale and speculation which impact on all gold prices in the world. END  LINK

[Shredd] demanded Khalil to speed up the restructuring of the dinar and the Iraqi currency against foreign currencies in order to keep the price of the dinar against the rest of the Currency, indicating that the coming period will witness keep the exchange rate of the U.S. dollar contrast slightly in the price of buying and selling.

[Shredd] he Iraqi market for the day ahead in the event of continued low exchange rates of the dollar and hard currency

[lightingcslt] Shredd looks like the plan worked

[Shredd]so much is in motion economically that will force the dinar to emerge strong. yes lighters, I totally agree bud. the 2% article did it for me if they can keep the variance in check, that's a green light

[lightingcslt] Shredd yep bringing confidence back to the folks with their own curreency

[Shredd] I was talking to a friend of mine about this and the question came up, "why would it matter what the pricing differences are if the dollar will leave soon"? 

This normalizing of pricing is not for the dollar, this is not making the bed for the dollar to hang its hat, this normalizing of the currency price is controlling currency pricing between the street the the official rate,

look at the imbalance of what the dollar buys us here. Iraq wants to keep this in check and I feel they are close to attaining this, if not, already have accomplished this all from the helm of theCBI, it's their job

[lightingcslt] I feel they accomplished this as well

[Shredd] and having this in check, when the new dinar comes out.....these processes, these controls will already be in place so as not to cause unstable swings in the dinar

[Shredd] I agree lightersand for me, this stability is what held Turki back

[lightingcslt] Shredd and now with tarifffs coming on board........

[Shredd] he can't have the dinar come out, dedollarize and bring strength to the dinar if the pricing is all over the place, yes, it's all perfect timing

[lightingcslt] Shredd yep I agree with ya, imagine that   

[Shredd] that's a sign right there !! 
  
[lightingcslt] yes it is   

[Shredd] yesterday I was ready

[lightingcslt] Shredd so in reality Turki just needed more time

[Shredd] and with the article Bondlady just brought in.... this emphasizes the need even more, not only does turki need to manage pricing, he's got to keep moving with the dollar.

I believe the IMF wants Iraq out of this dual currency situation seems like every day shows us more of the picture

[lightingcslt] Shredd yep i agree with ya imagine, that Did he$ freeze over? 

[Shredd] I gotta admit, I'm a bit surprised tariffs passed but like the post says, it will take some time to administratively implement..........great news though !!!

[tlm724] Shredd 2% difference is also the threshold for the IMF between market price and CBI price and gm

Citizens in Basra complain about damage categories of paper currency and the central bank is to replace them 22/07/2013 - 14:27 | Source: Alsumaria News / Basra Citizens expressed in Basra, Monday, alarmed by the growing phenomenon of damage and rupture of small groups of paper currency,

 as expressed Retailers complained of this phenomenon, the Central Bank announced a plan to withdraw banknotes damaged and replaced with new ones.

 He said 'Ali Riad Abbas, who runs a taxi driver in an interview for "Alsumaria News", "The problem of corruption and torn banknotes of categories 250, 500, 1,000 dinars worsened significantly within the past few months," noting that "most of the banknotes traded of these groups in Basra damaged and torn, which can cause sometimes us Baharajat and problems."

In turn, said Ghassan Abdel-Rahman, the owner of a shop selling food in the market, the publican, "The currency shattered spread widely in recent Allokhirh, and we are one of the most affected by them,"

adding that "this phenomenon does not affect the work of traders who deal in dollars and groups cash Iraqi large, as it does not harm the officials who get paid large cash groups."

For his part, deputy governor of the Iraqi Central Bank Zuhair Ali Akbar said in an interview for "Alsumaria News", "State-owned banks in the provinces did not stop the withdrawal of currency damaged from circulation,

however, put an ambitious plan to print the categories of alternative techniques of high quality," adding that "categories that will replace the damaged print on paper better than the paper used in the printing of banknotes to neighboring countries."

[Shredd] nice

He stressed banking expert who was director of the Central Bank branch in Basra that "the central bank is determined to end this phenomenon."

The banknotes circulating in Iraq printed in the United Kingdom by a British company, is gaining all denominations leafy current specification much better than the specifications of those that were in circulation until 2004,

 it was printed during the nineties in China and Iraq on paper lousy and specifications easy to counterfeit,

In spite of the spread of the phenomenon of torn paper currency and damaged before 2003, but that many Iraqis they avoided objection to accept banknotes torn through their daily business and the fact that the former currency includes all categories was head portraits of the former regime of Saddam Hussein. END

LINK

[Shredd] an ambitious plan to print the categories of alternative techniques of high quality," adding that "categories that will replace the damaged print on paper better than the paper used in the printing of banknotes to neighboring countries."

[Shredd] imo, this tells us it's the NID, alternative techniques,new dinar imho of course ,printing categories of alternative techniques of high quality that's new dinar of course they are referring to a past announcement but we've seen a few articles like this that talk about the poor quality of the dinar perhaps it's telling that IQD is not replacing them on a regular basis like a central bank normally would do

[tlm724] Shredd not putting any "new" triple zero notes out

[Shredd] it refers to the two zero notes well, and the 1000

[tlm724] no replacement notes, hows that   

[Shredd] they'll keep those denominations for a while, medium sized notes,  that's why I think it's telling that the bank isnt replacing them like a normal situation would and replacing them with NID (irrespective of note denominations) per the central bank's promise with new tech fits

[tlm724] Shredd I wanted to say earlier about the IMF 2% treshold that I think its awesome that Turki is being more agressive with his stablization program   

[Shredd] yes, I wanted to be careful to read into it, but I feel it shows us the stability is close

[tlm724] Turki is doing MORE then is required to stablize and imo it bring's forth the monetary change that much sooner

[Shredd] tlm724 sooner works for me

[tlm724] just looking at it through the international side. Shredd he could just keep it close, the market price and go for a long time that way BUT he isn't   

[Shredd] tlm724 so, what about these tariffs?

[tlm724] Shredd tariffs were passed long ago, they amended for a second time, looks like continued slow implementation as they build the nessecary infrastruture for full implemenation

[tlm724] Reasons In order to allow sufficient time to provide the technical requirements necessary to implement the provisions of the customs tariff law and maintain the level of prices in the Iraqi market at the present time and protect consumers from price increase expected as a result of the implementation of the Act and to provide assurance the overall difficulty of the application of the law. LINK 

[Shredd] like I encouraged all to remember last week, this is a whole new Iraq now that they are a sovereign democracy and with their amazing wealth and in a dual currency situation with crappy worn out dinar and a fluctuating dollar to deal with, Turki is closer than ever to gaining stability in currency pricing, we are close, now git r dunnnnnnnnnnnnnn

[Shredd]  So, timmy do you think as far as the tariffs are concerned as stated in earlier articles that, Iraq has all the electronic equipment at borders and have hired and trained personnel needed to implement full tariffs.

[tlm724]  I am not 100% sure on that, I do know they have equipment, part of the problem has been training personnel , most don't know how to operate a computer and also BondLady reminded me the other day that so many of the surrounding countries import to Iraq and they don't want to pay the tariffs therefore they bribe members of the GOI to fight it every step of the way.

It's bit of a catch 22 there but the tariffs are crucial to overall economic health of Iraq as they are wasting and losing millions of dollars every week, chop chop Iraq   

[tlm724] Shredd Lighters thanks for the great chat !

[Shredd] your welcome and thank you, shredd- out

CAMELHUMP POST FROM TNT FORUM, 22 AUGUST

I literally just received word from my friend who oversees a group of bank branches in Virginia that his branches are ready to exchange the IQD for the revalued rate at a moment's notice.  But even he doesn't know what's holding it up at this point.  

He can't do it until he's given the green light.  What shocked me is that he said the rates won't be negotiable, at lest not at his bank. 

 He explained that the bank will be offering a very competitive rate right out of the gate and that they actually won't be making much on the spread.  

The bank just wants to get the deposits on their books so that they can loan them out at obscene rates on mortgages and credit cards.  

Also, he said there will be no dedicated exchange centers, at least not in Virginia. 

 He did suggest that I shop around for wealth managers and actually discouraged me from using the bank for such a service because their fees tend to be introductory teaser fees that expire after the first year.  Good luck everyone. 

I can't emphasize enough that he has no idea when he'll be given the green light to start exchanging at the new rate.  It could take days, months or years.  But don't let that discourage you....afterall it could be worse....you could be a camel without a hump....

TK CHAT, 22 AUGUST

[TERRYK] HEY ALL
[Agent 007]    howdeeee
[TERRYK] HEY SIS MISSED YOU LAST NIGHT
[TERRYK] MAN OH MAN I TELL YOU WHAT
[TERRYK] I'M ABOUT TO GIVE UP
[TERRYK] WHEN YOU THINK YOU HAVE ALL THE GREATEST INTEL IN THE WORLD THEN POOFF YOU HAVE MARSHMELLOW ALL OVER YOU
[TERRYK] BUT SO GOES OUR GOVERMENT
[TERRYK] YEA I'M A SMORE
[TERRYK] I HAD ONE OF THEM TODAY 
[TERRYK] COME TO THINK OF IT
[Agent 007] yum
[TERRYK] THEY MAKE THEM ON A GRAM CRACKER NOW YOU BUY IN THE STORE
[TERRYK] PRETTY COOL
[TERRYK] SO I'M HEARING STILL THIS CRAZY RATE ON BOTH CURRENCIES
[TERRYK] BUT I WAS TALKING TO HODGES TODAY
[Agent 007] yes - 
[TERRYK] AND HE TOLD ME THAT THE MARSHALLS HAVE BEEN PUT ON NOTICE NUMERIOUS TIMES THE PAST TWO WEEKS FOR THE PP TO BE DELIVERED AND YET NOTHING
[TERRYK] SO THEY ARE TRYING
[TERRYK] YES ANGEL
[TERRYK] YOU JUST LIKE ME SAYING THAT
[TERRYK] DON'T YOU
[TERRYK] SO WE ARE AGAIN CROSSING FINGERS FOR TODAY
[TERRYK] DID YOU SEE THE MARKETS WERE ALL MIXED UP TODAY
[TERRYK] FOREX WAS CLOSED FOR HOURS
[TERRYK] DOES THIS MEAN ANYTHING
[TERRYK] WHO KNOWS
[TERRYK] BUT IT WAS COOL
[TERRYK] AND WITH THE LAST BLUE MOON LAST NIGHT
[TERRYK] IN A WHILE IT MAY HAVE DONE SOMETHING
[TERRYK] HOCUS POCUS
[TERRYK] BAMM BOOM DING
[TERRYK] COUGAR REALLY I'M NOT KIDDING MY SOURCES FOR TWO WEEKS ARE LIKE ON SUPER DUPER HIGH ALERT
[TERRYK] PINS AND NEEDLES STUFF
[TERRYK] SO I'M GOING TO JUMP INTO THE SHOWER 
[TERRYK] GET SOMETHING TO EAT
[rich17]    You like Thursdays don't you?
[TERRYK] THEN LOAD THESE EIGHT ENVELOPES
[TERRYK] I DO RICH
[TERRYK] THE BEST 
[TERRYK] WE WERE 17 CASES SHORT OF OUR GOAL 
[TERRYK] FOUND OUT THAT OUR SITE IS COSTING ME 600 BUCKS MORE THAN LAST YEAR
[TERRYK] PRICE INCREASE
[Cougar13]    sorry we're all running out of money
[TERRYK] SO THAT'S WHY THE DRIVE
[TERRYK] I KNOW
[TERRYK] I KNOW
[free] it would be nice to set up a paypal account for those of us that can't afford a case of books but to just donate as we cann
[TERRYK] WE HAVE THAT FREE
[free] where
[TERRYK] IT'S THE SAME SITE WHERE WE HAD YOU DO THE BOOKS
[TERRYK] HOLD ON
[Great_White_North]    in your opinion can CL actual supercede O/China/Iraq and everyone else and push the RV button?
[TERRYK] YES
[TERRYK] SHE CAN
[TERRYK] BUT WE DONT WANT THAT
[TERRYK] THAT WOULD PUSH A LOWER RATE
[TERRYK] OK GOD BLESS U ALL

DINAR GURUS UPDATE, 22 AUGUST

8-22-2013  Newshound Guru Enorrste   Article:  "Financial representative: on the Central Bank on monetary policy open" Article quote:  "...will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar."  the CBI is announcing that they are about to follow the IMF "open market operations" program to a "T."  What does that mean?  It means that they will begin to reduce the money supply!  And what does that mean?  It means that the VALUE of the remaining money will RISE.  And what is the goal?  Clearly stated, it is to get the dinar up in value BEFORE next June. Now, you have to start somewhere before you get to BEFORE June, right?  I think this article is saying that they are about to start.  That means "free float." 

8-22-2013   Intel Guru Jester    [how are you feeling with today's intel, are we in the window still]   WELL SOME THINGS GOT DONE TODAY [WEDNESDAY]... THERE WERE SOME ORDERS DONE THAT NEEDED TO BE COMPLETED RELATIVE TO OUR INVESTMENT... LEW WAS THERE... I HEARD ALL THAT WAS FINISHED AND NOW THINGS ARE ABOUT READY TO GO.

8-22-2013  Intel Guru Frank26   AT 12:14 PM EST TODAY NASDAQ SHUT DOWN. AT 12:18 PM EST ALL STOCK EXCHANGE SYMBOLS STARTED SHUTTING DOWN IN ALPHABETICAL ORDER. ALL TRADE HAS BEEN HALTED ALONG WITH OTHER ACTIVITIES...THEY ARE CLAIMING IT IS FOR TECHNICAL ISSUES. WELLS FARGO IS BEING CHASTIZED BY CHRISTINE AND WAS GIVEN FINAL INSTRUCTIONS TODAY. TAKE IT OR LEAVE IT. CHINA DECIDED NOT TO WAIT AND HAS FILED A LAWSUIT AGAINST WF MANAGEMENT. 

8-22-2013  Intel Guru Mnt Goat    There is a plan.  Only they are having issues not executing the plan to the final stages. The longer they wait  (now  not  intentional) the more magnified the situation becomes.  Some say the technical issue(s) are just an excuse to delay this due to actions going on with security in Iraq?  I do not believe this for one second since I know better. I know personally people who are involved in getting the technical issues fixed, so this is real and happening. I can assure you. When this is fixed we will get our RV. 

8-22-2013  Intel Guru Loechin   The RV is here folks bottom line. It is complete even though you nor I are at the bank YET. There are no delays, holdups or anything that is in the way and if there was it has been dealt with. Remember my analogy of the train. All have now left the train. First class is done, Business Class is ALMOST done, then we will order and be done and leave the building forever. 

8-22-2013  Newshound Guru Doc   We are expecting this to happen reasonably quickly such that there is significant increase in the value by June 2014.  How high will it go by then no one knows.  In a free float scenario the market will determine the value.  Our speculation is Iraq would like to see it around $1 so it can dedollarize.  We caution all to not plan for this because in a free float scenario it is the market that will determine the price.  Any bad news like civil unrest or a fall in oil production will have sever negative impact on the value.  However, this encourages us greatly in that it appears there is a firm plan to begin appreciating the dinar in value.  We report, you decide.  [post 2 of 2]

8-22-2013  Newshound Guru Doc   We are looking at several articles that can be paraphrased as "the CBI reported to the House of Representatives that it was putting a new mechanism in place that it believes will result in a significant raise in the value of the dinar versus the USD by June 2014".  This pretty well debunks the "at any moment" hype.  If you believe the CBI is going to do a straight RV then these articles say you are looking at waiting until June 2014 for it to happen.   The real message here is most likely they are preparing for the float mechanism we have been speculating for several months.  [post 1of 2....stay tuned]

8-22-2013  Newshound/Intel Guru Arthur    IT IS ALSO NO COINCIDENCE THAT SEVERAL MAJOR BILATERAL FINANCIAL AGREEMENTS SUCH AS THE ONE EARLIER TODAY  - WITH THE BAN LIFT BY JAPAN REBUILDING IRAQ TO INTERNATIONAL STATUS HAVE BEEN SIGNED AND WILL BE FINALIZED DURING THE CURRENT SESSION -JUST IN TIME FOR THEIR APPROVAL TO JOIN THE UN GLOBAL COMPACT -WHICH WAS A COLOSSAL STEP WE NEEDED -   HOPIUM IS ALIVE AND WELL AND GETTING VERY EXCITING YET AGAIN AS WE APPROACH SEPTEMBER 1ST.  [post 2 of 2]

8-22-2013  Newshound/Intel Guru Arthur   EVERY MONTH AS WE GET NEAR ANOTHER 1ST OF THE MONTH WHERE 99% OF RV'S IN RECENT HISTORY HAVE OCCURRED...I SAY THAT IT CANT GET ANY BIGGER - BUT AGAIN THIS TIME I MUST SAY THIS ONE WILL BE THE MOST HIGHLY ANTICIPATED FOR ME TO DATE.  ALL RV'S OVER 50 CENTS HAVE OCCURRED IN APRIL OR SEPTEMBER AND THE LAST TWO IRONICALLY WERE DONE BY IRAQ WHO DID IT TWICE. - WHEN?  IN SEPTEMBER BOTH TIMES!  [post 1 of 2....stay tuned]

8-22-2013  Newshound Guru Adam Montana    Iraq tends to plod along at a snails pace, and then when they are ready to make it happen they surprise us! I'm looking forward to seeing them ramp up HCL, and I think Maliki has a pretty strong incentive right now to do that.  [post 2 of 2]

8-22-2013  Newshound Guru Adam Montana     [Why do you think the HCL will be the final catalyst to get this thing off the ground?]  The HCL is the last thing really keeping Iraq from boosting their ability to function as a well oiled business. Get HCL done, and the rest just falls into place.  [Is it the HCL holding things up?]   The HCL isn't the "only" thing holding us up, but it's definitely a key part.  [post 1 of 2....stay tuned]

8-22-2013   Intel Guru Jester   [So if CL starts this at 3.44 will we add oil credits on that or let it float first?]  THEY WILL ALL COME OUT AT THERE ASSESSED ASSET VALUE... WHATEVER THAT IS WILL NOT FLOAT THAT MUCH... REMEMBER ASSET BACKED DOES NOT GIVE MUCH ROOM FOR CHANGE UNLESS SOMETHING BIG CHANGES IN THAT COUNTRY...

8-22-2013  Newshound Guru Kaperoni   Article:   "Financial representative: on the Central Bank on monetary policy open"   The problem is many are expecting the overnight RV.  Its not going to happen.  I been telling everyone for over a year.  Their is no RV.   The CBI is going to follow standard monetary policy that is well documented on the IMF for emerging markets in transition.  This is no surprise, no secret event.  In fact, at least 5 other countries are transitioning right now... This is pretty standard as they move from a closed monetary policy to an open policy and shift from a "currency board" to a "float" exchange regime.  It takes time, and we will see the dinar rise right in front of us. 

FRANK26 UPDATE, 22 AUGUST

j52p408:  cnbcd tv station, program called power lunch is currently discussing the nasdag trade stoppage/ glitch. It was just mentioned the banks are back up except for Wells Fargo......

Frank26:  FOR ME ONLY FAMILY:

ALL TEAMS... AT 12:14 PM EST TODAY NASDAQ SHUT DOWN. AT 12:18 PM EST ALL STOCK EXCHANGE SYMBOLS STARTED SHUTTING DOWN IN ALPHABETICAL ORDER.

ALL TRADE HAS BEEN HALTED ALONG WITH OTHER ACTIVITIES THAT I WILL SEND TO YOU. THEY ARE CLAIMING IT IS FOR TECHNICAL ISSUES. START ASKING.

WELLS FARGO IS BEING CHASTIZED BY CHRISTINE AND WAS GIVEN FINAL INSTRUCTIONS TODAY. TAKE IT OR LEAVE IT. 

Frank26: There is no respect offered to M any longer....... By anyone around the world.

O talks to M because it is for OUR ADVANTAGE ............ No longer M's. His future is already written.

O and M want a third term.  Yes ............. Birds and feathers and all the ........... Flocking around.

"We will NEVER leave Iraq!!!"  Wish I had said that a long time ago............. :heeheehee:

M pretends that he asks USA for help with terrorist to make him look devoid of this evil.

MANY.......... Have been re-trained on how to deal with M within the last 3 weeks.

Lets see what the final exam grade is for M as we stay in constant prayer.

I like my newer posture ......... Less of me and more of prayer.

Pay attention to LAWS that are coming out of the GOI this week ............ God willing then HCL next month. It really looks good on these laws for a change.

Aloha each other KTFA Family ........ My Christian Love   Frank

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

walkingstick » August 22nd, 2013, 2:43 pm  •  

Updated August 22, 2013, 2:33 p.m. ET
Nasdaq Market Halts Trading
Exchange Officials Aim to Resume Some Trading at 2:45 p.m. ET

By JACOB BUNGE, KAITLYN KIERNAN And TOMI KILGORE CONNECT
Nasdaq Stock Market NDAQ +0.82% officials said they expected trading to resume in some securities at 2:45 p.m. ET, an hour and a half after trading in a large chunk of the U.S. stock market was abruptly halted following an unexplained technical issue.

The freezing of trade in all Nasdaq-listed securities paralyzed action in thousands of issues and raised new questions about U.S. trading systems following a series of high-profile glitches.

Exchange officials scrambled to get trading resumed and to figure out what had happened. U.S. stock-market officials and officials at the Securities and Exchange Commission convened a conference call shortly after the outage began, which was continuing as Nasdaq officials worked to resolve the problem, people familiar with the discussions said.

U.S. authorities were communicating with market players but details were scarce. U.S. Treasury Secretary Lew has been briefed on Nasdaq halt, Treasury officials said, and the SEC said officials there is "monitoring the situation and in are close contact with the exchanges."

Trading-firm officials had been preparing to potentially not be able to trade Nasdaq stocks for the rest of the trading day, according to people in communication with several firms.

The second-largest U.S. stock exchange had earlier hoped to reopen at 1:50 p.m., a person familiar with the matter said. The exchange said in a notice to traders that it wouldn't cancel open orders, but that customers could do so.

The outage saw a large chunk of the U.S. stock market effectively come to a standstill at midday, freezing prices in stocks, exchange-traded funds and options listed on Nasdaq and prompting other trading venues to stop trading those securities. Dark pools and other electronic trading platforms were also forced to suspend trading in Nasdaq-listed stocks, since there were no publicly quoted prices on those securities, traders said.

Nasdaq-listed stocks represented about 28% of all shares traded so far this month, according to data from BATS Global Markets Inc. Nasdaq listings include some of the most prominent companies in the world, including Apple Inc. AAPL -0.76% and Microsoft Corp.

"It's really shocking. We're stuck," said Ramon Verastegui, head of global engineering and strategy at Société Générale. "If we want to trade Apple, we can't."

Some traders said there was confusion about what stocks were affected, and that phones were lighting up across trading desks as investors tried to figure out what was happening.

"We're pulling out our orders to wait until the system works itself out," Rick Fier, director of equity trading at Conifer Securities. "The best thing clients can do is take a break."

Security posted outside the Nasdaq MarketSite in the middle of New York's Times Square would not let anyone in the door without first checking identification or their names against a list of individuals expected for scheduled meetings. Few were seen coming or going.

Others expressed concerns that the prolonged outage could damage investor confidence, and potentially introduce problems with settling the values of indexes and funds at the end of the day. U.S. stocks were up modestly on Thursday afternoon, with the Dow Jones Industrial Average up 62 points to 14960.

"The whole thing gets sloppy when you make decisions on the fly, and it's disruptive to the industry," said Gordon Charlop, managing director at Rosenblatt Securities on the floor of the New York Stock Exchange NYX +1.43% .

"How are we going to value funds at the end of the day? It creates some confusion and uncertainty, and for investors, that's the one thing you count on not happening."

The trading halts in Nasdaq stocks appear to have slowed activity on the New York Stock Exchange as well, according to data provided by Miller Tabak chief technical market analyst Jonathan Krinsky. At 11 a.m. ET, before the Nasdaq halts, NYSE Composite volume was running 18% ahead of Wednesday's volume, Mr. Krinsky said. At around 1:25 p.m., he said NYSE volume was just 7% above Wednesday's.

The episode meant a widely tracked market gauge, the Nasdaq Composite Index, wasn't being updated for the first time in memory. The outage was also expected to skew the calculation of other major market measures such as the Dow Jones Industrial Average and the S&P 500-stock index.

Nasdaq-listed stocks are components on major benchmarks like the Dow Jones Industrial Average and the S&P 500. The operator of those indexes, S&P Dow Jones Indices, said in a release that it began calculating its index values based on trading that takes place on other venues for Nasdaq-listed stocks. Ordinarily, the indexes use values from trading on the stocks' primary exchange, said David Blitzer, managing director and chairman of S&P's index committee.

S&P Dow Jones Indices said it would use the "last composite trade price" for Nasdaq-listed stocks in its indexes should the issue remain unresolved by Thursday's market's close.

The issue stemmed from a data feed that provides market data for Nasdaq-listed securities, exchanges said in notices sent to traders.

http://online.wsj.com/article/SB10001424127887324619504579028873794227410.html


Updated August 22, 2013, 12:36 p.m. ET
Trading Halted in Nasdaq Securities
Exchange Officials Cite Technical Problems With a Data Feed

By JACOB BUNGE
U.S. stock exchanges on Thursday halted trading in all securities listed on the Nasdaq Stock Market NDAQ +0.81% because of a technical issue, exchange officials said.

Nasdaq OMX Group Inc. announced the halt at 12:15 p.m. ET Thursday, and other exchanges followed suit. Nasdaq also said it was halting trade in its options markets. A spokesman for Nasdaq declined further comment.

Notices of halts in individual securities started to cross the wire at about 12:18 p.m. ET in alphabetical order by ticker symbol, starting with the exchange-traded fund iShares MSCI All Country Asia Information Technology ETF, AAIT -0.18% ticker AAIT.

The issue stemmed from a data feed that provides market data for Nasdaq-listed securities, the exchanges said in notices sent to traders.

http://online.wsj.com/article/SB10001424127887324619504579028873794227410.html

EXOGEN UPDATE, 22 AUGUST

DIRECT INTEL AT 3:29 PM EST TODAY FROM CME GROUP CONTACT

1. PER CONVERSATION WITH CME GROUP CONTACT TODAY'S NASDAQ EVENT WAS PRE-ENGINEERED
AND ORGANIZED TO TAKE PLACE VIA DARK LIQUIDITY POOLS.
2. THIS EVENT IS TIED DIRECTLY TO THE GCR & EMERGING MARKETS
3. MARGIN CALLS ARE IN LIMBO GLOBALLY AS WELL AS FUTURES CONTRACTS
4. EURONEXT & NEW CIX SYSTEM WERE MAJOR CATALYSTS IN CONJUNCTION WITH
CENTRAL BANKS & DARK LIQUIDITY
5. NASDAQ IS NOW VIEWED AS UNSTABLE STOCK EXCHANGE
6. METALS MARKETS 100% STABLE
7. LARGE INSTITUTIONAL INVESTORS WON WITH BULLISH & BEARISH CALLS
MADE LAST WEEK ON THIS EVENT VIA GLOBAL MARKET HEDGES
8. THIS WAS NOT A CYBER ATTACK

LOECHIN POST, 22 AUGUST

8-22-2013  Intel Guru Loechin: The RV is here folks bottom line. It is complete even though you nor I are at the bank YET.

 There are no delays, holdups or anything that is in the way and if there was it has been dealt with. 

Remember my analogy of the train. All have now left the train. First class is done, Business Class is ALMOST done, then we will order and be done and leave the building forever.

MORT POST, 22 AUGUST

[mort] guys-just remember there is so much going on behind the scenes that we don't even know about or understand-but do know they want this done-just thank god your chosen to be part of this & to be part of this-why?? Not sure-but god wants you to use this money to bless others! God makes no mistakes and maybe this is why its taken so long for this happen, because its not in our timing but his! Just go on with your life and just wait for the text that will be worth the wait, because not only will it change your life, but, many others lives your going to help...remember this more then anything-gods timing is always perfect and your life will go so much better!

MNT GOAT POST, PART 1, 22 AUGUST

Hi Everyone,

Today the weather is not so very nice here in southern Bavaria. We have some rain and it is cool. I can begin to see some color change already in the leaves in the mountains. Fall is very near and I can feel it.

Big changes are about to happen. I can feel it in the wind.

I am afraid this post may be a bit longer than usual so I hope you don't fall asleep..lol... But I felt that at this point in time when most are getting discouraged I needed to again point out some history lessons to you.

After all the future is full of the past!  I hope this helps.

I know that in the past Iraq has had several revaluations in the month of September so this seems to be an excellent month for them for this purpose. But I also have to tell you I know for a fact that the USA has been trying desperately to get this revaluation done and out to the public for exchange as quickly as they can.

There are many reasons for this and its called Global Reset.

But why is this so important and why now?  Remember no global reset without this revaluation of the Iraq dinar. This currency is the base currency for the rest. It is all linked together.
Any other currencies such as VND, IDR, WON etc,, will be rebalanced in relation to the rest of the currencies too but are just nornal revaluations (even though some might go a bit higher than normal).

You can take these into any bank any time and exchange as you would any currency left over from you european vacation or foreign trips.

Did you hear me...no rush, no 30 day time periodDo not put these funds from exchange in the same accounts used for Iraq dinar exchange funds. Keep them all separate. It is important.

So why is this revaluation so important?
What does being a base currency mean exactly?

First let me address why the IQD revaluation is important

You have to know some facts in order to understand what is happening here now. Going back to 2010. When Iraq announced it finally formed its government (the term GOI) we as investors began celebrating too because we thought the RV was very close at hand.

This was a benchmark we knew would bring us our cash. But what happened? Why did it not RV in 2010?

It did not RV is 2010 for a couple main reasons:

1) Maliki decided he was not going to play along and be part of the process, instead he decided to take on dictatorship attitude. He refused to carry out agreements made that would share his power and actually complete the government. Instead of having an actuall completed gov't he seated over 3,000 positions at proxy positions.

These were not appointments, elected officials that were reviewed and approved by the parliament, which makes them legal. So instead he basically stacked the deck in his political favor so he had allies all around him to support him, gain strength and do his dirty work for his future dictatorship plans. Yes he had some plans for Iraq but not what everyone thought....

2) In 2008 the USA experienced the economic impact of the mortgage crisis. Bad securities (backed by bad mortgage contracts) sold by the federal reserve to back our national debt. It took until 2010 to come up with some scheme and a way to try to resolve this crisis.

All kinds of money was dumped into the banks to keep the liquidity and from them going insolvent (broke). This seemed to be a temporary solution since the money flowed out as soon as it was loaned to them.

We all heard about this on the news. So where did all this money go? This did not work so a new plan was needed. This was now a global financial issue not isolated to the US banks.

3) new banking laws and structures were necessary in Iraq so they could operate with the international community in the future and this would take time to put into place.

4) There was also the issue about sanctions being lifted as a requirement for an RV and the question is still uncertain for many.  Would and could Iraq have RV's without getting out of Chapter 7 sanctions?  Coupled with the Maliki game playing at the time it was very doubtful. Negotiations also with Kuwait were ongoing and not yet settled. No way!

So in reality in 2010 there never was going to be an RV, there was no plan for it and it was just a lot of hype and misunderstanding on the part of the "intel providers" at the time. This too is when many of the intel providers began their conferance calls and continue to this day. But most importantly this is when many of you first invested.

So the plan to solve this now global economic problem was to seed large sums of Iraq dinar in the 3 zero notes of provisional currency in any bank that needed funds to meet the new liquidity requirements of the banking laws.

The problems with this strategy were:

a) this Iraq currency was almost now worthless - so how could it help?
b) if you are having liquidlity issues now due to the economic collapse -  how do you pay for the dinar to be used as seed?

As evidenced in many mainsteam news articles and financial news media we saw over the next 2 years 2011 - 2012 large sums of money (in the billions) being transferred around to different developed countries throughout the world. The USA too seeded much of the Iraq dinar especially in its reserve currency stockpiles.

But the USA did not seed much in its banks like the other countries and there was a reason for that. Instead in the USA the banks expected to take in large sums of the dinar from depositors and convert to actual banks deposits on their balance sheets. This is actually better than having dinar reserves for liquidity.

So who is going to exchange all this dinar to dollars and deposit it in the banks or in investments?  It is you and me that is who. 

We will make these seeds grow! So you see why this revaluaton and the dinar is so important for the USA.

Now lets look at the other countries too. So what happens to them when the dinar revalues? They too benefit since all their bank reserves get a huge boost in value overnight and thus bring them into liguidity requirements.

They are now just on standby. The world awaits this IQD revaluation. Suddenly they (the IMF) will literally create all this wealth out of nothing..and I mean nothing. But the important part to remember is it is not really out of nothing since the new world order global Basel II laws say all currency now has to be asset backed.

So the confidence level will be high that the currency values assigned actually have something tangible assets backing them.

Remember that paper currency is just an I.O.U. We forget this fact since we take it for granted and use it so freely each day. Do you know what an IOU is? An IOU (literally I-Owe-You) says that you owe me this amount of tangible asset ON DEMAND.

You can create your own IOU simply by writing on a piece of paper what you promise to give the bearer of the paper in the future and sign it. A checking account check too is a personal IOU. Some people do it in poker games to back their chips..lol... It is illegal not to make good on an IOU.

The government prints formal money for this purpose. It keeps commerce going and gives the general public a means to do the daily transactions with others instead of lugging around tangible assets all day long.

Printed money makes it easy. It is getting now even easier since we are going to eletronic banking where actual paper currency is not  used anymore. This is tricky and opens itself up to a another whole set of fraudulant and bad practices.

This I believe will be the ultimate failure in the banking systems in the future if not tightly controlled. Remember what they are doing in this global reset is a huge bandaid and is not the final solution.

They hope it will lead to stability and with that confidence will build once again and money will flow like before. It will take time but business will never be as usual since banking rules have changed.

Oh wait a second....didn't the USA have banking rules and regulations in place as a result of the great depression. What happened to all this regulation?

Yes the USA did but many of the laws have since been watered down and/or appealed for the benefit of the very wealthy. We have seen this through the many administrations over the years.

Is this all croocked? Yes it is and this too is part of the problem.
Funny how everyone ranks on Obama for trying to turn the clock back. Not that I am or am not an Obama supporter. There must be a reason why so many high ranking Republicans do not want to go along with his policies.

The global community (the operative word is global)  however did not have such stringent laws and rules in place. With globalization (you should be familiar with this term by now) money must now flow freely across borders.

The whole financial climate changed since the 1930's and it was time for a new set of major global reforms and banking laws. There was Basel one and this helped but now it was necessary for even more to tighten the rules with Basel two. The big question is -  will this be enough in the long term?  Read on...

Using the IQD as the base currency for Reval-

If you were in charge of coming up with one currency that could be used to gauge most developed nations  currencies values what would you use?  In the past it was the US dollar. It was stable and confidence was high that it was backed by something of value. After all was the USA not the riches country in the world?

This in itself was part of the problem not the solution.  So they had to find something else for base currencies. Today they have many base currencies so the dependnecy on one nations economy does not bring the entire global structure to its knees.

Personally I would use a currency that has real solid value and is easily backed by gold or another asset with very high liguidity (can turn to cash very quickly). The Iraq dinar was picked as one with its potential for large much needed quantities of oil (black gold) and other natural exploitation (gold, silver, boxite, phosporous, etc..).

MNT GOAT POST, PART 2, 22 AUGUST

So it's Thursday - Where is the RV?

So you see nothing is coincidental. There is a plan. If you understand what I have said above you now know a bit of the plan. At least the part that directly impacts you.Only they are having issues not executing the plan to the final stages.

The longer they wait (now not intentional) the more magnified the situation becomes.  Some say the technical issue(s) are just an excuse to delay this due to actions going on with security in Iraq?

I do not believe this for one second since I know better.

I know personally people who are involved in getting the technical issues fixed, so this is real and happening. I can assure you. When this is fixed we will get our RV.

Unless something changes I don't see any more discussions about the rates.

What lurks behind the curtain? 
We are hearing more and more issues coming out about the Vatican in Rome. Why is this all of a sudden?  Why did pope Benedict all of sudden step down? Why did they put a Jesuit pope (pope Francis) in his place? And a Roman pope too (opps I meant to say an Italian pope).

I won't even go into this in any detail but think about this - remember Rome is just not only the head of the Roman Catholic church. Why did Hitler in WWII hesitate to go into the Vatican?

Remember too how the Roman Catholic Church was established and what governing power ruled the world when it was established?

What compromises and transfer of wealth was made at this time?

Then when control was turned over to the Roman Catholic church- how long did they rule the world? Where did all the great wealth of the Roman plunders go in it's downfall?

That is all I will say about this. Its can get really interesting really fast. There is more to this global reset that meets the eye....much more...

I know this is a very long post already but let me address one more issue that I hear on lots of the conference calls. I think it needs to be put to bed once and for all since there still seems to be lots of confusion. I hope this helps.

Federal Reseerve Notes (money) vs  US Treasury Notes (money)

Oh yes..you just knew this was coming...didn't you? So to begin to distinguish let me say first that there is a plan to convert the USA over from the federal reserve currency to the US treasury currency.

This plan was schedulued to begin in the fall of October 2013 butt may be delayed to early 2014.

Why are they doing this?

They are doing this because the confidence of the public is very low for the federal reserve currency is backed by anything. They want to rebuild confidence and since all countries are going now to an asset backed currency the US currency must now also be renewed in confidence too and new paper currency printed to back the assets on the USA list.

They also need to addt some new sucurity features too. They are also planning a new North American Alliance currency in the near future too that will replace the Canadian, US and Mexican currencies. Like the Euro they say it will create yet more ease of commerce between these nations.

Like this concept the bigger plan for the middle eastern countries too is to have one common dinar. They would be moving much more aggressively on this plan now but Egypt and Syria and roadblocks that need to be overcome. Iran now is in a state that might consider any notion of a getting a higher value to their currency.

So what really happens when a nation gives up it currency to join a common alliance? Does it lose it autonomy, its soverernty as a nation? Something to think about.

Germany did not want to join the EU but was essentially forced into it and almost pulled out a few times. Germany is a very wealthy country and is one of the base currencies for the Euro. As a base currency it is a donor nation and was picked to give many large donations to keep other EU nations a float until this global currency reset is kicked off. It hopes in the long run to receive much of these funds back.

The problem most dinaran callers seem to have is how will this be done as it relates to the Iraq dinar exchange. We have heard some bank stories. Let me say this - don't put the cart before the horse it will never work!  Don't panic either. Slow down and think about what I am now presenting here. Since this, I believe, is the root of the all the confusion.

First let me tell you that any wrinkled, torn or old faded currency now in cirulation is already turned back into the US treasury for replacement. They print the money today and replace it. How do they do this? There is a system already set up so that the your local banks take in this old money and return it to the federal reserve system for replacement. It is a simple trade - old for new.

This is exactly how they intend to do the switch from the old federal reserve notes to the new US treasury notes as far as the consumer is conerned. It will be a gradual process like they always do to replace the old bills. 

Slowly they will introduce the different denominations into circulation. If you don't pay attention you would not even see any difference or know they were doing this.

Also remember banks don't typically have lots of cash at hand. If you ever need more than a couple thousand dollars in cash you should make a special request from your bank so they can order the money from one of the main branches of the Federal Reserve bank.

They will have a stack of nice fresh, crisp bills waiting for you when you arrive. Be careful though in that anything over $10,000 gets tracked special by homeland security for money laundering and terrorism.

They have done for years now and this is not anything new. This is for your protection. Take a few minutes now to poke around this web site and see how the federal reserve system now works.

The new structure will not be much different. It will probably even have some of the same people employed. See if this makes any sense.
http://www.federalreserveeducation.org/about-the-fed/structure-and-functions/

So now the juicy part.

The US treasury has decided that part of the implementation of rolling out the conversion from the Federal Reserve to the US Treasury is going to happen when you exchange your dinar at the bank.

They will track all US dollars from proceeds from the Iraq dinar exchange in US treasury notes electronically only. You must be careful that these funds are also in a segregated account from the rest of any other money you have in the bank.

VND or other currency exchanges are to be also in a separate account so its not mixed with IQD. If you don't do this you will be screwed from what is coming next. Next is the taxation on the funds.

They will tax these funds differently than Federal Reserve funds since the value will be different (now asset backed). If you mix federal reserve with US Treasury you will be taxed as all Federal Reserve and you will be sorry since the tax would have been lessened knowing it was all US Treasury and from the Iraq dinar exchange.

I am not a tax person and we all wait for the final IRS tax rules to be published but I am hearing there will be a quick flat tax on the dinar proceeds and it will not be too
bad on us.


On the other hand currencies such at the VND, IDR, etc.. will be taxed as usual (whatever usual is?) But this is what I am hearing so just be careful.

What if you want some CASH from your dinar proceed account? 
Again I do not think you will get more than $10,000 dollars and that depends on the availabity of the cash at hand that day in the bank you attend. I would think they are making special orders from the Feds for more than usual cash on hand for this purpose.

For security sake though, why would you want to take home $10,000 in cash?  I do not recommend more than a couple thousand at most, if any.

You will receive the current Federal Reserve notes not the new US Treasury notes. These are not even ready for distribution as of yet.

I know you are now all confused but don't. Getting the current Federal Reserve notes now does not really matter. Its the electronic tracking that is important.
Talk about a future devaluation of the US dollar

First let me say there has been way too much hype and almost panic about this topic. I need to put your mind to rest and here are a couple items to help do that.
Do you know we have devaluations of the US dollar all the time? 

This expected devaluation will be bit larger than normal but the impact will be minimal since we will rebound quickly and the only real significance will be in the financial markets and your short term purchasing power.

It will not impact your bank account in any way unless you decide to withdraw and spend the money or invest it unwisely.

This is why the markets can be dangerous if you do not have total control over your investments. If you let the banks talk you into a brokerage account and hand over the buy/sell authority to them (cause they are the experts...oh boy! ) you are mistaken. When the devaluaton happens these investments may (and I mean might) take a huge hit too.

If you had the power to control the buy/sell you simply hang on to them until the wave passed. Remember you don't lose in these situations unless you bought high and think you have to sell short. This is called a panic. So hang on and wait for the value to rise again. But to do this YOU must have control not some high paid broker who could not care less about your money. All they want are commissions on their buy/sells for you.

A few last notes.

I am not an investment advisor/seller or broker of any kind. I speak on this topic from my very own experience and stories shared with me.
Many of the buy/sell transactions today (in these investment money markets and portfolios) are intiated by automated computer system algorthms with thresholds.They are for suckers! Sorry for being so blunt. They are set up to make the managers of these investment contracts and companies very wealthy not you.

Bet you didn't know this did you? These 401K plans are a typical example. There is so much overhead. Who do you think pays for it? You do!  So each time a buy/sell is done in your behave someone gets a commission and that's money out of your pocket.

Sure they give you deals today with "small" quarterly fees. Look at the fees you are paying. Are these small fees for what you are getting? You pay them whether they make money for you or not. There should be laws against this. This is a crime and part of the problem. This is the only  industry where you can get paid for losing someone elses money. Ironic is it not? Imagine that!

This causes an erosion of your profits. A game they play. Just saying...so be careful in the timing and how you invest post-RV.

Best and safest approach to paying off your large notes, creditors and bills post-RV-
When you go into the bank to exchange your dinars have a list ready of all your major creditors you will want to pay off.

I highly recommend (and I can't say this enough) to get debt free ASAP before you spend anymore of the money on anything else. So when you go into the bank and exchange, after the exchange is all done and you have your deposit slip in your hand, ask the person you are dealing with if you can have some bank checks or cashier checks for the following list of creditors.

Have on the list the creditors name (name to make the check out to) and the amount needed on each check.

Simply hand the list over to the person and let them give it to a teller to prepare the checks for you.

If you have millions in your account they better not charge you for any of these checks. When you get home mail these checks out ASAP and you are debt free at last.....freedom at last....lol....then open the bottle of champagne and celebrate.

The chains of debt are finally gone forever....this is when you celebrate not before going to the bank. You want a level head when dealing with the bank.

I also like Tony's view point on spending the money- 50% saved for future taxes, 25% to pay off bills and creditors and 25% to enjoy immediately. It all makes good sense. He is a wise man!

Why are you asking for Bank or Cashier checks to pay off bills at the time of exchange?

You are doing this procedure because in case for some reason your account is frozen by homelnd security. We should not expect this unless you are wiring out large sums but we are talking worst case here. Not to alarm you but this whole process has been weird. 

You will have these checks and at least you will have some immediate benefit from your investment until they free up your account. Also remember what happened a couple weeks ago. The rates went live on Thursday night EST and then they deactivated them.

Some people exchanged already but their accounts got frozen. Once they hand cashier checks over to you its out of the account and its your money. So this too can happen. This funky stuff just might happen to you. All just precautions to think about.

Well I think this post is long enough. I sincerely hope all this information is helpfull to everyone. So no more questions on the Federal Reserve to US treasury conversion..right... if you do have questions go back to this post and see if you can find your answer.

Peace and luv to ya all,
Mnt Goat

POST FROM TNT CHAT AT 12:21 AM, 22 AUGUST

[doforself @ TNT] Washington Pay Master Have Just Authorized Funds For    according to Bat Man. Money in place for us to get paid from UST to Banks. TREAT ALL AS RUMOR UNTIL YOU HAVE RECEIVED YOUR EMAIL.
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FROM THE GETTEAM FORUM: 

Batman is an individual respected by many of us.  His calls offer much sharing  by many people to help us all gain a better understanding of happenings.  Batman does not do post so someone posted this for him.  This information was given out in one of his calls, participants in the calls share information with each other as he skillfully moderates the group.