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Thursday, October 8, 2015

TNT CHAT UPDATE, 8 OCT

TNT:

Iko Ward
 : Gold, Crude, The Markets and Forex will all behave for the rest of the day to see what transpires this evening. Grab a nice, comfortable chair and your favorite cup. Nothing  much to do but wait.

MsGemini28 : IKO - Thanks! Why nothing today and what might happen to trigger something this evening?

Iko Ward : MsG...Abadi or China...even money. One or both are scheduled to get off the pot.

Isa52bc:  My WM called today to let me know he will call me and the other person he has on his list when he is given the go ahead to exchange. Also he gave me info for Abbot Downing and some of the other perks.
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[freefall] Not knowing shabbi is back at the helm is big news as is Maliki having. 48 hrs to evacuate is critical information that has to be in place before Iraq can be freed from the chains on there sovereignty. And Russia and Syria is significant too. It shows the USA has lost its shine and power. Now u see Iraq negotiationing with Russian military to fight dash. This is so very important and I am surprise that tony Intel missed the boat on this

daz : THERE ARE TWO WAYS TO LOOK AT THESE EVENTS......THEY ARE NOT BOTH SCARY OR PERILOUSS

CONSIDER THAT A GLOBAL COALITION FOR THE EVENTUAL ADVANCEMENT OF GLOBAL RELATIONS ARE IN THE OFFERING

THE WORLD IS CHANGING...THE WRITING IS ON THE WALL

SOME WILL DRAG THEIR FEET SURE...BUT CHANGE IS INEVITABLE...COLLECTIVELY THE WORLD IS SMARTER THAN ITS EVER BEEN IN HISTORY

7mm:  Daz...I am normally a lurking type but yesterdays call got me thinking...if Iraqis have a debit card loaded with dinar, how do they see a new rate?...Isnt a dinar a dinar?...my debit card is in dollars, there is no rate on the dollar?   then how do Iraqis see a higher rate?
NoNo: 7mm - you're forgetting that it is an RI in country... and those cards are useable, because its an RI in country, even if the cardholders are out of country... thats how I understood it to be, am I mistaken DAZ?

Daz:  THE DIFFERENCE WOULD BE REFLECTED IN THE EXECUTION OF SOME FINANCIAL TRANSACTION WHEN THAT TRANSACTION WAS CONDUCTED VIA AN EXCHANGE INTO ANOTHER CURRENCY IN ANOTHER JURISDICTION.

THAT TRANSACTION COULD BE CALCULATED IN TERMS THAT DISPLAYS A NEW RATE RELATIVE TO BUYONG POWER IN THE JURISDICTION WHERE THE TRANSACTION OCCURRED

NoNo:  DAZ - I think what 7mm is asking; correct me if I'm wrong, or out of school 7mm ~ is technically how can it be 'International' for them, and not be available to the rest of the worlds dinar holders...

Daz:  NONO...IF THE ACTUAL REALIZATION OF A RATE CHANGE CAN ONLY BE ENJOYED SO FAR BY A CARD HOLDER....ITS REASONABLE TO ME THAT SOFTWARE CAN BE WRITTEN TO REXOGNIZE THAT CARD WITHIN AN ACTIVE SYSTEM TO ALLOW A USER TO ENJOY THE RATE.

 NOT SURE THAT CLEARED IT UP BUT...BOTTOM LINE IS...ITS ABOUT BUYING POWER...DETERMINING THE EFFECTUAL RATE IS A MATH FUNCTION IMO

ATMS ARE SIMPLY COMPUTERS, THEY RUN PROGRAMS, PROGRAMS ARE WRITTEN AND CODED TO RESPONS TO ACTIVATION BY A SPECIFIV CARD

THERE ARE ONLY TWO THINGS ABOUT THIS THAT WOULD DEPRESS ME...MISSING THE OPPORTUNITY OR LOSING MY CURRENCY

Raptor22:  Iko or Daz I understand we have been watching Forex to see the rates fall below a certain mark, 1095 or 1098 I think. can you please help me understand why this is the key? Thanks

daz:  RAPTOR....THE FOREX MONITORING IS SIMPLY A TRACKING OF "NEW OBSERVABLE TRENDS"....IKO DOES ISA DO A GOOD JOB OF THAT. WHAT IT ALL MEANS IS YET TO BE DETERMINED BUT I FIND IT INTERESTING

DeRoseGirl:  Well today I believe is the last day of the Chinese holiday!! WooooHoooo!!! Maybe this was what we were waiting for??

[sunny]
 Rumor going around that Iraq asked for a 48 hour delay till the Chinese stock market opens. Anybody else heard this? Anybody know the hours/days/times the Chinese market is open. I heard they were closed for a week but don't know when that started or stopped.

[Sallypuff]
 sunny - All I know is the Chinese holiday was to end yesterday on the 7th. One would think business would be back to normal today and that their stock market would be open. Just my opinion.

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