October 3, 2014 at 1:11pm
So far it seems to be a 2nd day of Media Blackout! Let's see if anything comes out later this evening.
The last huge change in Venezuela's currency value (down) was announced by IMF press release at 3:47 PM EST on a Friday. All the computers around the world are still awake before the US market closes at 4PM. A good time to slide in the GCR, I'd say... :)
Debbie- > Tbone:
You are right and there is still plenty of time to get that accomplished!!!!
Danny > Tbone:
My approach now is anything that makes logical, financial, legal, logistical sense will Not, repeat NOT happen....
Vinman > J + G:
Quote: EXOGEN > MEEKSEEKER
October 3, 2014 at 12:16pm
WE HAVE BEEN TELLING PEOPLE THAT FOR YEARS. DO YOU REALLY THINK THE ENTIRE WORLD IS WAITING ON IRAQ POLITICS TO RESET CURRENCIES
US banks can keep rates on Administrative Hold, however China is prepared to make a GOLD move that will force USA banks and Global banks to activate rates quickly to avoid collapse. Banks are in PANIC mode right now !
I just heard from a friend that the CODES for his large platform to pay is being released today.
LBGF > LVegas:
Codes for his Large platform?
LEM > LVegas:
from the IMF contact:Ref- Historical Bonds.
Yesterday at 3pm PST TRN released and then 48 hours after that, money is released in Euros and Sterling and TRNs (new backed USDollars) for payments. All clients will be notified if they have been accepted TTM schedules. The ONLY real buyer is China Treasury Intl. Consortium of CT, UST, IMF, WB; G20 Agreements finally in place.
Danny > LVegas:
USN out, Green light is on, platform codes being released, Green Bay crushing all comers...- sounds like a friday! Can this be THE Friday?
A toast to THE Friday!
lup1 > LVegas:
Hope is from a reliable source! !!
LVegas > lup1:
My friend is also part of the trade platform, and his contact I believe is in charge of it. I will try to get more info, but fall's in line with others.
Sem > LVegas:
falls I line with mine
USN is out of the cave, RV green light is ON.
When is Shanghai Exchange expected to price gold?
Vinman > Gonna retire:
They started back on Sept 16th.
October 3, 2014 at 2:34pm
China and the yuan are going to strike the match....coming soon to a theater near you!
It's all in the art of war....perfect plan playing out to force the changes necessary.
LEM > Vinman:
What does it mean Vinman?? Thx.
Vinman > LEM:
Watch China drop the gold bomb that will destroy the derivatives market if banks don't release rates to capture the value of their currency holdings.
(See Exo's Intel Snack from last night)
October 3, 2014 at 2:56pm
As the gold community sleeps a giant awakens
By Pete Thomas
October 2, 2014 • Reprints
The Shanghai Gold Exchange (SGE) is about to change the way the world trades gold.
Let’s have a quick look at the Numbers from the China Gold Market Report:
The following are distribution of physical metal through the Shanghai exchange in 2011:
456.66 tones – Jewelry manufacturing
53.22 tones – Industrial raw materials
21.55 tones – Gold coins
213.85 tones – Investment gold bars
13.52 tones – Other, unnamed industrial purposes
284.88 tones – Net investment…Demand arising from the transfer process of gold as an investment tool
The Chinese community has looked upon gold with an almost reverent eye since the beginnings of recorded time and with its recent dominance in the manufacturing arena it brings about the creation of (SGE) The Shanghai Gold Exchange which has become just a natural progression of the fundamental demand for a Trading Exchange that is fully backed by physical metals.
The demand for gold will continue in China as not only the people of China are buying gold at a record pace but the China Securities Commission (CSRC) has quietly look upon gold as fundamental means to stabilize the economy.
Gold is the only currency that you can't "print" more of and with any down turn of global currencies valuations we will see a surge in demand as never before in the history of the true standard of wealth held worldwide. Gold is the only global currency that transcends all governments with a purity of value that is recognized on any corner of the world and China with this bold stroke is about to take the lead.
The metals world is about to have a major shift over the next few years, The Dragon is here to stay.
October 3, 2014 at 2:42pm
So China's ready to RELEASE THEIR CURRENCY/Gold on the Market to Force the US to RELEASE THE RV???
Linda (AKA L.Klempke)
October 3, 2014 at 2:40pm
Someone's definition of plan B:
Plan B is where the IMF/BIS & others pull the trigger without the US and ...
Plan A allows the US to participate and offer Contract Rates.
It also saves the US from Radical Devaluation of the USD (20-80%?).
The price is the US must give up control of the IMF and world affairs, allowing the BRICS to assume leadership.
Plan B writes off the US as an Egomania-driven Regime bent on financial and military World Domination.
It releases the GCR at International rates Globally. It solves the problem of US control by effectively collapsing the USD.
The control issues are solved by a bankrupt Government and Military, leading to massive change.
The world is losing patience with the US Administration.
If the US fails to cooperate and Choose Plan A, they Suffer the effects of Plan B.
We wait patiently and the clock is ticking...