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Tuesday, December 15, 2015

TNT : ZIM on UST by IKO WARD, 15 DEC

https://www.fiscal.treasury.gov/fsreports/rpt/treasRptRateExch/current​Rates.htm

The Zim was just listed on the UST site this morning. It is still not on the UN site, so once again we have conflicting info. DO NOT take the $1.00 rate as solid. It might be just a place holder. Let's see what the day brings.

Once again, the markets are crazy. Europe went from a -2% down yesterday to over a 3% plus today. That's a 5% swing. That's big, especially when the pundits are all calling for a crash on Friday when the PUTS come in.

So things are pretty wild right now. Yellen has to announce the new interest rate. Bonds are due. Banks are reconciling. The PUTS are coming. Exciting...yes. Are we in the banks? No. But it still bares saying. Dinarians are in a good place no matter what.

Best
Iko too-tall just posted this rate has been on this site for a while. The header shows a date of 9/15, so maybe the whole thing is a false alarm, but best we post hear so the rumor mill gets squashed quickly.

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