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Wednesday, December 23, 2015

TNT :CHATTER BLOG DEC 23 by OKROCKS, 23 DEC

I WAS ZONKED AND PROBABLY MISSED SOME.... biggrin A SPECIAL THANKS TO ALL WHO CONTRIBUTE, YOU ARE APPRECIATED!

China, Iraq agree to establish strategic partnership
SULAIMANI -- China and Iraq agreed Tuesday to establish a strategic partnership during the on-going visit by Iraqi Prime Minister Haider al-Abadi to China.
The two countries issued a joint statement to the effect in Beijing, saying that the strategic partnership will help deepen bilateral cooperation in various field and promote development and prosperity in both countries.
According to the joint statement, the two sides agreed to strengthen high-level engagement, enhance strategic communication on bilateral ties and international and regional issues of common concern to increase consensus and consolidate strategic mutual trust.
The two countries will continue to support each other firmly on issues concerning national sovereignty, independence, territorial integrity and security, it said.
The two countries vowed to take into consideration of each other's core interest and major concerns, and not to interfere in each other's domestic affairs.
Chinese Vice Foreign Minister Zhang Ming said relations between China and Iraq has steadily developed in recent years.
"China and Iraq have signed papers on the joint development of the 'Belt and Road' initiative. Therefore, the two sides have reached a remarkable degree of consensus on strengthening cooperation between the two countries and Iraq's reconstruction under the framework of this initiative,” said Zhang.
“During Iraqi Prime Minister Haider al-Abadi's visit to China, the two sides announced the establishment of the strategic partnership. I think the relationship between China and Iraq will make advanced progress based on this high-level relationship.”
Zhang reiterated support for Iraq's efforts to maintain national sovereignty, independence, and territorial integrity.
He said China firmly supports Iraq's measures to safeguard national security and stability, and will advance cooperation in these fields.
http://nrttv.com/EN/Details.aspx?Jimare=4519

The Dual Purpose of Debt Management and Debt Restructuring
By JC Collins
 Just after World War Two the United States had a massive debt-to-GDP ratio of over 140%.  Today’s debt-to-GDP ratio of 104% seems paltry in comparison. But along with a huge debt-to-GDP ratio after the war, the US also had one of the largest trade surpluses in the world.  Much like China does now.
 The difference, China’s debt-to-GDP ratio today, for government debt, is around 42%, with a balance of payments surplus of over $60 trillion. This puts China in a very strong position within the multilateral monetary transition which is taking place.
At present time, the US has a large trade deficit, with China being the biggest creditor, and a high debt-to-GDP ratio.  The ability of the US to push its debt-to-GDP ratio down after the war had a lot to do with its strong balance of payments position at the time....................
MORE  http://philosophyofmetrics.com/how-america-lost-its-sovereignty/#more-3872
LAST NIGHT...
pinkroses wrote (SOME) BRUCE CC NOTES
Playback number: (605) 562-3198 123456#
https://www.freeconferencecallhd.com/playback/?n=HsCgW/dukK0
Bruce: we are waiting, in good place to be waiting in. excited about everything going on the last few days, excited what should be go on next couple of days.
Christmas is on Friday, at this particular point of time, we are not sure if we will have a call Christmas Eve night. it seems it might be out of place. depending on where we are possible we might. stay tuned to dinar recaps. if we dont, dont hold it against us, we do plan on trying to walk everybody through the Rv process and be there through the process and after the exchange and bring you latest info on investment opportunities
Bruce; some things are moving along. is it moving along for us individually and large groups, not yet. some small groups are exchanging. large groups and other groups not been notified, but will be.

Bruce: internet group set to go with other groups, shot gun approach. all notified at once, set appt. operations are under way in some of the groups, not just vip, other people. prosperity packages are out or about to go out immediately. groups are to follow.
Bruce: timing is very very close for us. some of the church groups have gone, some still to go in, some native american groups gone in. cant get in super detail. some of the rates were knock your socks off. sanctions to be lifted off completely off Iran to let Iranian Rial to go few days after

Bruce: we beleive that request by China, all the other countries pulled sanctions off Iran, we the US only one not done it, China requested it, I believe we are complying with it. all indications we are prepared to go before Christmas, exchange centers open Christmas Eve.

Bruce: all i saying their intentions, this is rolling out, not being held up, everything is moving, rolling, just not our turn. we are in line, not just quite our turn. if you can understand that concept waiting to be notified, to set appt, to exchange to live happy for ever.
Bruce: there not going to be a one note option, if you do one note you could possibly pigeon yourself on one rate. consider idea of getting your best closest exchange locations.
BRUCE: those who dont have WF banks, in 8 states, dont worry about it. call in, they have exchange locations set up for you to go to. private banking in your state, sometimes mortgage office, could have exchange center there or somewhere else. use them and call the 800 number and set up appt. they will know by zip code the closest one to you.
C: is the dong still in the basket and over 3 dollars? BRUCE:  Yes and Yes

C: rates highrer?  BRUCE:  Yes, they are moving. China wants some of these rates high. that is what they got where they want them. they are very good.   The super high rates may not be there forever. it is important you go in. there is a teaser rate, those rates on the rupiah for a week or so, or dong so people get in and exchange, the sucker rates.  These rates are the real mckoy, they will not last forever. important make appt right away, not necessary two or three days go in, but if you wait 2 or 3 weeks you could do it with your peril.
C:  Do you suggest we do them all in one transaction. 
BRUCE:  I like it in one transaction, more significant to the bank, more sway with the banks, more perks, possibly higher rate.  i wouldnt break up your currency one note hear, one note there. just go in and get it done.
poppy3 : ok got another REPORT ON ZIM. IT HASNT RVED VALUE YET BUT IS EXPECTED AT ANYTIME. REPORT SAYS THE ONLY REASON IT HASNT IS THEY STILL PRINTING LD'S IN PREPration  FOR THE NEW VALUE. EXPECTING .03 CENTS. HOPE THIS UPDATE HELPS. NOT FROM ANY USUAL SOURCE BUT THIS SOUNDS VERY REASONABLE ESPECIALLY WITH THEM REPORTING BEING PAID NOW IN ZIM ONLY. STAND BY TOMORROW HAVE CONTACT IN NY CHECKING ON ANY UPDATED INFORMATION. TIME WILL TELL . POPPY3

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TODAY
   
cloudwalker wrote platinum said this morning that if it didn't happen last night or today, he thought it was likely that it wouldn't happen until after Christmas -- but before Jan. 1. Bank personnel supposed to be back to 16-hour days this weekend.
   
Tennwolfman wrote Im not saying there will be no 800 numbers but Im saying what if theres not- please call around and find a bank that does currency exchanges and ask if they will put your name and number in their files just in case something changes with the currency rates--They will do that and call you in when it changes
   
Tennwolfman wrote everyone needs to be prepared
           
Tennwolfman wrote china is shoving and pissed
    
royal wrote but China is shoving they want it before christmas
           
royal wrote Bruce indicated China wanted us in before christmas

platinumrunway wrote We could be in a bank by monday
   
Tennwolfman wrote personally i dont expect 800 numbers
   
platinumrunway wrote I dont know about taxes guys
   
platinumrunway wrote Mommy can i ride the roller coaster, sure dear, let the nice church people go, then the Wells from Wellingto, then you can get on the ride....no cutting in line!

BrocollySaurus wrote World markets summary by CNN: "North and South American markets finished mixed as of their recent closing prices. The Bovespa gained 1.07% while the S&P 500 was higher by 0.88%. The IPC was even."
   
BrocollySaurus wrote "Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.96%, while the Shanghai Composite led the Nikkei 225 lower. They fell 0.43% and 0.16% respectively."
     
WTCUTTER wrote gold 1069 down 4.5
     
platinumrunway wrote Morning everyone. ok rates are not on every screen yet but zim holding now at .27

Tennwolfman wrote some encouraging info coming down the RV grapevine-Plat and I and a couple more have concurred that the info we are getting is the same
   
platinumrunway wrote What i heard 6 zero lop on trillion dollar notes first basket, 3 on billion , second basket 9 zero lop on trillions
         
hopeinwyo wrote I heard this long ago, too...9 zeros off first basket and a later basket with 6 zeros off...first basket is the better one, so don't hold off and wait on the second basket...the 9 zeros will not return as much...by a long shot.
     
BADSCOTT54 wrote According to Zimbabwe law they are only allowed to remove six zeros off one designated currency and three off another designated currency per year.

royal wrote iko said its usual for some trading platforms to close during holidays,,,hope that helps

(she is a teller at wf bank)
utahgirl wrote good morning tnt! Sounds like we are STILL in waiting mode...glad we are holding our breath at this point. Anxious to see things finally and REALLY happen. I know I search the memos at work daily for any kind of indication with no results. I know we are switching some platforms and adding some new protocols but nothing about exchanges or additional customers at this point...2115 is quickly entering the the history books~ Hope it goes out with a BANG!

Big Mama wrote Utahgirl....can you see the rates at your level?
     
utahgirl wrote i can yes...and currently the only currencies that show up are dong and ruphia....they are both call for quotes status because they are considered exotic currencies
     
utahgirl wrote also, not to disagree with statements from Tony, but wf does exchanges in real time. they will call for the current rate at time of exchange. they don't just call once or twice a day.

utahgirl wrote from what I understand...if it becomes a common currency of exchange then it will go into the system that will just update upon each exchange. when I do pounds and euros they rate is listed and updated as it changes...assume the same will happen with our currencies

utahgirl wrote I have had a few indicators that something is up...but without asking very specific questions I cant get into depth info from the regional reps that come in


Iko Ward wrote You can't only focus on one indicator. You have to look at the weakening dollar in Asia, the oil markets, gold fluctuation, Forex movement, that Abadi went to China and two weeks ago China said they'll go direct with Iraq if necessary, the Sabre rattling from BRICS, all the other intel coming from Art and DB, Martha, Elmer, Plat, and Tenn. It's a big world and a big deal. All waves crest and crash upon the shore. Christmas is a lovely shoreline, don't you think?

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