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Thursday, January 19, 2017

WSOMN UPDATE, 19 JAN

ADMINBILL:  I WOULD SAY THAT FRANK'S WINDOW IS VALID FOR A NUMBER OF REASONS. (20th of Jan. to the end of the 1st quarter)

PRIMARILY THE FIRST QUARTER INCLUSION IN MY PERSPECTIVE WOULD INCLUDE THE PUBLIC PAYOUT WHICH ALLOWS THE VALUE OF EACH CURRENCY TO STABILIZE.

I SEE THOSE THAT ARE FINANCING THE LARGE BOND GROUPS WILL TAKE CARE OF THEM AND MOVE ON TO THE NEXT HIGH VALUE CLIENT OR GROUP.

WHEREAS I SEE THE BANKS TAKING CARE OF BUSINESS IN A STRUCTURED AND LOGICAL PROCESS FOR DINAR, DONG AND SIMILAR GROUPS.


CrimsonTide:  i see the can getting kicked down the road again, but thats just the way it is

ADMINBILL:  FROM WHAT I HAVE BEEN TOLD OUR CAN WILL BE OPENED VERY SOON.

IT IS MY IMPRESSION THAT THE GOAL IS TO HAVE THE MAJORITY OF CURRENCY EXCHANGED IN THE FIRST QUARTER. MANY COUNTRIES ARE INTRODUCING NEW CURRENCIES AND WOULD LIKE TO HAVE THE OLDER DENOMINATIONS BACK IN THEIR POSSESSION TO BE DESTROYED.

Tutleisland1:   Zimbabwe: Foreign Currency Shortages Worsen
http://allafrica.com/stories/201701190452.html

ADMINBILL: I WOULD ASSUME THAT AT SOME TIME IN THE FUTURE THE OLD CURRENCY WILL NO LONGER BE ACCEPTED AND BECOME WALL PAPER.

Scotchie:  If the old Zimbabwe currency is actually of historical bond status, I cannot see it ever not being accepted??

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TurtleIsland1:  China has been using its massive forex reserves to buy all the gold it can buy; ... for the time that China is prepared to announce a gold-backed yuan..http://www.manilatimes.net/americas-dim-mak-point-3-dollar-vulnerability/307684/

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