Post From KTFA By backdoc
July 13th, 2014, 2:44 am
THESE ARE MY OWN THOUGHTS AND OPINIONS:
LOOK MACRO NOT MICRO
WHAT AN INTERESTING WEEK WE HAVE JUST EXPERIENCED.
WE HAVE HAD RUMORS FLYING AROUND AND ARTICLES STIRRING THE POT UNTIL I BELIEVE I SMELL A ROAST ABOUT DONE IN THE SLOW COOKER.
TOWARDS THE END OF THE WEEK WE SEE OZ (Oz=IMF,WORLD BANK,U.S.TREASURY,AND CBI) TALKING AGAIN. MMMM WHAT DOES HE SAY?
HE SAID WE HAVE ALL OUR ELECTRONIC PAYMENT SYSTEMS READY TO GO FOR INTERNATIONAL STATUS INCLUDING THE ISX STOCK EXCHANGE. THESE STATEMENTS ARE VERY PURPOSEFUL.
THIS IS OUR WARNING THAT THEY ARE READY TO SUPPORT THEIR RATE AS WE ALL KNOW BY NOW.
I ALSO TOLD YOU IN THE PAST THAT THE WB,IMF,UST,AND TURKEY WILL SUPPORT, OR BACK THE DINAR ONCE IT TAKES VALUE!
A MIX OF OTHER ARTICLES HAVE CAUSED MANY OF THE SO CALLED GURUS TO START THEIR LIP QUIVERING AGAIN! LOL SORRY. BUT GUYS, REALLY?
DID YOU THINK THEY WOULD COME OUT AND TELL YOU THAT THIS IS THE DAY THEY WILL DO THIS AND THESE ARE THE NEW LEADERS? REALLY? NOT!!!
AT LEAST I THINK IT WOULD BE HIGHLY DOUBTFUL BEFORE A RATE FLYS !! THIS WOULD BE TOO DANGEROUS FOR THEIR CURRENCY.
BY NOW WE ALL SHOULD HAVE AN UNBELIEVABLE CONFIDENCE IN THE EMPIRE AFTER THEY ACCOMPLISHED THE TROOP IMMUNITY AND A SIGNED SOFA AGREEMENT.
WE ARE ALREADY IN THE PENTHOUSE FOR GOODNESS SAKES!
IT’S EASIER TO SEE FROM UP HERE! IF YOU LOOK TO THE LEFT WE CAN SEE ALL KINDS OF ARTICLES CAUSING UNCERTAINTY RIGHT? WOW! IT’S SMOKEY OVER THERE FOR SURE.
IF WE LOOK TO THE RIGHT WE SEE KURDS ABOUT TO SECEED FROM THE COUNTRY RIGHT? SMOKEY THERE TOO.
IF WE BRING OUR EYES BACK TO THE CENTER WHERE THEY BELONG, WE SEE WHAT REALLY MATTERS.
IT’S ALL ABOUT THE MONEY. WE HAVE SEEN ARTICLES TELLING US THEY ARE STILL CONCERNED ABOUT THEIR BUDGET.
WE HAVE SEEN ARTICLES TELLING US THAT THEIR F-16 FIGHTER JETS ARE BEING DELAYED FOR LACK OF PAYMENT.
WE SEE ARTICLES TELLING US THAT THEY ARE HAVING TO BORROW JUST TO PAY ESSENTIAL SALARIES ECT.
AND NOW, TONIGHT WE SEE AN UNPRECEDENTED BANKING FORUM TAKING PLACE THIS UP COMING WEEK .
WITH ALL THAT HAPPENING MY ALARM BELLS JUST WENT OFF! WE HEARD EARLIER THIS WEEK A PORTUGUESE BANK IS IN FINANCIAL TROUBLE.
THIS TYPE OF ISSUE MUST BE A CONCERN FOR THE EMPIRE TO MENTION IT OVER AND OVER! THE LAST THING THEY NEED IS A CONTAGION LIKE A LEMAN BROTHERS RIGHT NOW.
I’M SURE THERE IS GREAT ANTICIPATION WITH DISCUSSIONS ON INTEREST RATES AND HOW THE WORLD WILL ADDRESS THESE ISSUES GOING FORWARD.
EARLIER THIS WEEK WE SAW THE U.S. BOND MARKET AUCTION NOT DO WELL.
MMMMM COULD IT BE THAT AS THE TAPERING (REDUCTION OF MONEY PRINTING) CONTINUES, WE HAVE INCREASINGLY MORE SELLERS THAN BUYERS OF OUR TREASURIES ? YEP!
AS A FACT, FOR THE LAST FOUR YEARS CHINA HAS BEEN SLOWLY UNWINDING ITS’HOLDINGS OF OUR DEBT. CURRENTLY, THEY ARE DOWN TO 1.2 TRILLION LEFT.
AS THE FED CONTINUES TO WIND DOWN ITS’ PURCHASES OF OUR BONDS WE ARE SEEING SIGNS OF TROUBLE FOR OUR BOND MARKET.
YOU SEE, AS THE U.S. DEBT INCREASES TO ALMOST 18 TRILLION THE EMPIRE WILL HAVE TO PAY LESS TO THOSE WHO HOLD OUR DEBT JUST TO STAY AFLOAT !
THAT’S WHAT IS HAPPENING!! THE YEILD IS DROPPING AND THAT SPELLS TROUBLE!!
POSSIBLY THAT’S WHY THEY ANNOUNCED A COUPLE WEEKS AGO THAT THEY MAY NEED TO CHARGE EXIT FEES FOR ANYONE WANTING TO SELL THEIR BONDS!
MMMM SOUNDS LIKE THEY ARE ABOUT TO PUT A LOCK ON THE BACK DOOR.
WHERE AM I’M TAKING YOU? STOP LOOKING AT ALL THE ISSUES THAT COULD EASILY BE MANIPULATED BY THE MEDIA.
AT SOMETIME THE EMPIRE AND OZ WILL TEAM UP AGAINST US FOR OUR OWN GOOD.
IS THIS THE TIME? HIGHLY POSSIBLE WITH WHAT OZ HAS TOLD US THIS WEEK AND WHAT IS TO TRANSPIRE IN THE COMING WEEK WITHIN THE BANKING WORLD.
THERE ARE TOO MANY CRACKS IN THE WORLD FINANCIAL DAM TO STOP THE LAVA FLOW AS FRANK SAYS. THERE ARE MANY COUNTRIES SITTING ON CURRENCY SWAPS WAITING FOR PAYDAY WHEN THE DINAR TAKES VALUE.
I DOUBT WHATEVER THE AGREED TIME IS, IT WILL BE STOPPED.
IF THE EMPIRE NEEDS TO TAKE DRASTIC MEASURES TO ACCOMPLISH IT, IT WILL. WE ALL HAVE WITNESSED MANY OF THOSE SITUATIONS IN THE PAST. SADAM,KUDAFI,HITLER, ECT.
NO ISSUE OR PERSON WILL STOP IT. STAY FOCUSED ON THE MONEY AND LET THEY EMPIRE DO IT’S JOB!
THE MAGIC DUST HAS BEEN SPREAD, IT'S WORKING IN SPITE OF WHAT WE ARE TOLD! WATCH THE MONEY PROCESS AND LOOK MACRO NOT MICRO !! DOC
THESE ARE MY OWN THOUGHTS AND OPINIONS:
July 12th, 2014, 10:11 pm • [Post 64]
July 12, 2014
Central Banks Watch: Yellen, Draghi, Carney and Kuroda to Speak and BoC to Set Rates
Global markets are likely to receive fresh verbal policy signals in the week to 18 July with the chiefs of the European Central Bank (ECB), the Federal Reserve, Bank of Japan (BoJ), and the Bank of England (BoE) scheduled to speak at separate events.
The previous week was marked by easing in Iraq-related tensions, but fears of a banking crisis in Eurozone following a funding issue at Portugal's largest bank Banco Espirito Santo had weakened shares and strengthened safe haven assets.
The latest assurances by Espirito Santo have ebbed fears of an EU-wide banking crisis, helping the dollar stabilise against the yen. Crude oil prices have fallen and gold has stopped rallying by the end of the last week.
Global markets are now waiting for fresh interest rate cues from major central banks making the upcoming week a significant one.
The BoJ and the Reserve Bank of Australia (RBA) will provide the details of their latest rate setting meetings, the former in the form of a monetary policy statement and the latter as the minutes of the meeting.
ECB President Mario Draghi will speak on Monday 14 July at 17:00 GMT, and the next day, BoE's Mark Carney at 9:00 GMT, and Fed's Janet Yellen at 14:00 GMT.
RBA's minutes and BoJ's statement are also due on Tuesday itself, and the BoJ chief Kuroda will address the press after the statement release.
From the G10 world, the Bank of Canada is the only central bank scheduled to convene for policy review this week. On 16 July, the BoC is expected to leave the main lending rate at 1%.
Rate decisions by South Africa, Brazil and Chile are also due in the week. South African Reserve Bank (SARB) has its main lending rate at 5.5%, Central Bank of Chile (BCCH) at 4%, and the Central Bank of Brazil has it at 11% currently.
The US Fed's Bullard is also scheduled to speak this week, on Thursday at 17:35 GMT.
Iraqi provinces resorted to borrowing and lending and surpluses in 2013 to resolve the liquidity crisis
July 10th, 2014, 4:12 pm • [Post 222]
U.S. official: Washington is ready to help in the formation of an inclusive government to end marginalization and uniqueness
Wednesday, July 10, 2014 22:58
walkongstick wrote on July 10th, 2014, 9:00 am:
Central uses the electronic payment system for the settlement of the instruments between governmental institutions and banking
Thursday July 10, 2014 14:56
CBI News and announcements
( press release ) to develop the financial and banking sector in Iraq and reducing the phenomenon of pregnancy and the circulation of money, it has taken the Central Bank of Iraq a number of actions in the automation of processes settlement instruments and payment orders between governmental institutions and banking electronically through the payments system of Iraq, which uses a network of safe and effective
/ 2014 7/10
July 10th, 2014, 12:32 pm • [Post 174]
WRAPUP 2-China agrees to reduce FX intervention "as conditions permit"
Thu Jul 10, 2014 10:31am EDT
* China to reduce FX intervention when conditions ripe
* U.S. Treasury Secretary Lew say will be watching yuan in next few months
* Both sides agree to advance on bilateral investment deal by Dec (Adds remarks from U.S. Treasury Secretary, details)
July 9th, 2014, 10:14 am
US presses China on currency
AAP JULY 09, 2014 7:00PM
July 9th, 2014, 11:53 am • [Post 175]
World Bank chief backs launch of BRICS bank
July 13th, 2014, 12:20 am • [Post 87]
Vietnam central bank expects credit to double during rest of 2014
Iraq new sig/date (2013) 250- and 500-dinar notes confirmed
Jul 08, 2014 08:30 PM
July 10th, 2014, 3:53 pm • [Post 211]
Kurdistan Regional Government decided to disable the official working hours on Sunday and Monday of next week