November 21, 2014 at 8:31am
GM All- Metals attempting to break through next resistance on track for record volume today.
All time record volume already in the books for this week. Massive & unprecedented moves being made, past three weeks. A toast to really BIG weekends!
FRIDAY INTEL UPDATE!!!
Posted by EXOGEN on November 21, 2014 at 6:07am
November 21, 2014 at 6:20am
It's a roll of the dice....but public exchange is projected on or before Thanksgiving.
November 21, 2014 at 8:52am
Friday Morning Clues.......
It's a ROLL OF THE DICE
Time for public & Private Exchange....Projection date is ON or BEFORE THANKSGIVING
(What Happend to ON OR BEFORE TODAY.......From Last weekends INTEL)!!!!
Snoopy & Charlie Brown are IN THE SNOW While Snoopy's eating a Stack of Bones......& Charlie Brownd watching
Could this mean the CURRENT FRIENDS & FAMILY EXCHANGEs Are "EATING AWAY AT THE CONTRACT RATES" while WE WATCH & WAIT
Bills are DUE (FINAL NOTICES SENT) That IRAQ MUST PAY
QUESTION.....(Aren't they supposed to Pay Bills with their currency??? So HOW do they pay these BIlls W/O a Public Valued Currency....But The GCR Must be Live but NOT at the Street Level because the F&F Exchanges w/Select Customers are EXCHANGING FOR CASH)!!!!
Ranger4564 > G T:
If Iraq's currency is not Revalued in time, Iraq will be forced to negotiate loans with bankers who will of course demand flesh, and therein lies the evil called banking.
The country (Iraq) is intentionally being sabotaged so the bankers win no matter whether a puppet like Maliki won the election or whether the bankers had to get their own hands dirty and extract the wealth themselves.
In the end, the only real hope for Iraq is if Abadi remains strong, opposes the cabal and bankers, and sides with China / Russia and gets some aid / assistance / support. I think the French / Germans / Swiss will be lenient on the debt, it's the US / UK / Israel / Saudis / etc who are cabal / cabal puppets who won't be lenient.
Anyway, if there is some sort of news of leniency on the debt, it's good news for Iraq and should be good news for us. If there is news of more austerity inducing loans forced by the cabal, then we will have to continue to wait, as the bankers continue looting unabated.
BREAKING NEWS: Citigroup Said to Be Ousted From ECB FX Group for Rigging
Posted by EXOGEN on November 21, 2014 at 10:19am
The European Central Bank ejected Citigroup Inc. (C) from its foreign-exchange market liaison group after the U.S. bank was fined for rigging the institution’s own currency benchmark, two people with knowledge of the move said.
The ECB removed Citigroup from the panel, which advises the central bank on market trends, after regulators fined the lender $1 billion for rigging currency benchmarks including the ECB’s 1:15 p.m. fix, said the people, who asked not to be identified because the decision hasn’t been made public.
Citigroup was one of six banks fined $4.3 billion by U.S. and U.K. regulators last week and is the only one that also sits on the ECB Foreign Exchange Contact Group. About 20 firms with large foreign-currency operations, ranging from Airbus Group NV toDeutsche Bank AG (DBK), sit on the committee. The panel’s agenda includes how to improve currency benchmarks.
Citigroup is the world’s biggest foreign-exchange dealer, with a 16 percent market share, according to a survey by London-based Euromoney Institutional Investor Plc. A spokesman for the New York-based bank declined to comment.
The panel isn’t involved in how the ECB’s daily fix is calculated. Currency benchmarks such as the ECB fix and the WM/Reuters rates are used by asset managers and pension funds to value their holdings, including $3.6 trillion in index tracker funds around the world.
According to documents released with the settlements, senior traders at the firms shared information about their positions with each other and coordinated trading strategies to the detriment of their clients. They’d congregate in electronic chat rooms an hour or so before benchmark rates were set to discuss their orders and how to execute them to their mutual benefit.
In Citigroup’s settlement, the U.K.’s Financial Conduct Authority gave an example of a day when dealers at the bank joined three other firms to manipulate the ECB 1:15 p.m. fix.
The Citigroup trader told the group he had client orders for 200 million euros ($249 million) at the ECB fix rate. By buying the currency for less and then pushing up the rate at which he would offer it to the client, he could make a bigger profit. The others agreed to transfer their buy orders to him and offload any positions that ran counter to his strategy to maximize his chances of success, the FCA said.
Over the 33 seconds around 1:15 p.m., the Citigroup dealer made several transactions, buying 374 million euros for more than the best rate to push up the fix.
The bank made a $99,000 profit on the trades, the FCA said.
JUST..................... WOW!!!!!!!!!!!! SPEECHLESS!!!!
EXOGEN > booyah:
MORE BIG 4 BANKS WILL BE KICKED OUT AND "YOU KNOW WHO" WILL BE THE FIRST BANK STANDING
Mark E > EXOGEN:
Dave > Mark E:
Dave > EXOGEN:
If jp Morgan goes that will tell a tale. Cabal central
EXOGEN > Dave:
THEY HAVE TO GO!!!
Dave > EXOGEN:
Well good then let the clean up begin.
Kenpoist79 > EXOGEN:
And then we will be able to exchange with that bank.
November 21, 2014 at 10:21am
On the LOOK OUT for USN, US Gold & Silver Trading Rates
(how will this indicate the RVs Here?)
China, the BRICS have made an agreement with the ECB to Bypass the US for the RV)
(STILL NOT SURE ABOUT THIS ONE)
EXOGEN > G T:
THAT IS NOT VNN CURRENCY IN THE PHOTO AND THE TRANSACTION CHINA COMPLETED IS WITH THE ECB WHO JUST OUSTED CITIGROUP FOR CURRENCY RIGGING AND ILLEGAL CURRENCY MANIPULATION
G T > EXOGEN:
I didn't see the ECB post until after I posted
XO can you clear the confusion about the relation between the RV release and TRN.
G T > Cheng:
TRN is BASICALLY a DIGITAL ASSEt Backing of the Currency Released (vs the CURRENT Petro Dollar)
Cheng > G T:
Thanks, GT. So that means it's not a physical new bank notes, some have said its it's been released, others are saying, including Landa it has not been released. Do we need to see TRN before the RV takes place. I guess my questions, indicate that I don't fully understand it.
Looking closely for USN's (United States Notes) to be asset backed by precious metals